Queensland, Woolworths invest in manufacturing

The Queensland government and supermarket Woolworths have separately invested in early stage venture and development capital to support manufacturers. Queensland treasurer Cameron Dick announced the state had backed a $61 million capital raising by Gold Coast-based rocket manufacturer Gilmour Space Technologies. He did not reveal the size of the state’s investment, however the capital injection…

Manufacturing news briefs – stories you might have missed

AnteoTech signs SEA distributor for EuGeni Nanotechnology company AnteoTech has appointed South East Asian distributors for the Brisbane company’s EuGeni SARS-CoV-2 antigen rapid diagnostic test (pictured). Biomed Global Sdn. Bhd will distribute the EuGeni reader platform and rapid tests in Malaysia. Singapore, Indonesia, Vietnam, Thailand and Myanmar. AnteoTech specialises in surface chemistry, and has core…

EOS achieves $20m sales to Australian defence

Space, communications and defence manufacturer Electro Optic Systems has notched up sales of more than $20 million to the Australian Defence Force over the past month. The company told investors the contracts cover advanced technology research and development activities in electro-optic sensors, Cobra satellite terminals from its EM Solutions subsidiary and sustainment contracts. “The contracts…

CRC program stands alone in federal industry backing

Comment by Peter Roberts The cooperative Research Centres (CRC) program has assumed even greater importance to the future of manufacturing with the likely demise of the growth centres initiative, though the CRCs too need further federal commitments in the short term to continue their good works. The CRC’s match federal money with cash and in…

Manufacturing news briefs – stories you might have missed

DroneShield sells to Australian army, receives US infrastructure order Drone detection and countermeasure company DroneShield has has sold a quantity of its RfOne MKIITM long-range sensors to the Australian Army (pictured). The capability is being delivered immediately to allow the Australian Army to assess its future counter-drone requirements and options. The company has also received…