South Australian sports beverage start-up Preserve Health has raised more than $500,000 in seed capital to launch later this year. The funding from angel investors and high net-worth individuals will be used to fund the market launch of PREPD – a range of hydration-boosting drinks set to revolutionise endurance sports performance, according to CEO David…
By Stuart Corner of IoT Australia Industrial Internet Consortium (IIC) has released a web-based tool to enable users to better understand their enterprise IIoT maturity. It says its IIoT Maturity Assessment helps organisations become best-practice adopters of IIoT by guiding business managers through a range of questions about the adoption, usage and governance of IIoT…
A three-year project between Deakin University, Xefco and Proficiency Consulting to scale an advanced coating technology has been announced, and is being supported by a $505,231 Innovative Manufacturing Cooperative Research Centre grant.
An Australian sports drink developed at leading universities will use its latest round of funding to expand nationally ahead of a US launch next year.
Leaders of building products group CSR (ASX: CSR) have marked the completion of a new $75 million factory at the company’s annual general meeting. The company recently completed its new Somersby plant in New South Wales to manufacture Hebel autoclaved aerated concrete blocks and panels. Chairman John Gillam told the AGM the new plant was…
Autonomous systems builder Ocius has successfully trialled its Bluebottle unmanned surface vessel (USV) developed as part of a $3 million Defence innovation contract. The 18 foot Bluebottle prototype successfully identified and navigated around surface vessels such as speed boats in trials off the NSW coast, and maintained speed in various sea conditions. Bluebottle is normally…
Chair of building products company CSR has said Australian manufacturers were paying gas prices similar to or greater than those in gas-poor Asian countries, and that this could end up sending companies offshore.
An investigation into automotive manufacturing in Australia by ACA Research has found the number of companies increased from 260 to 300, employing 9,800, and with a combined value of $4 billion.
The Western Australian government is planning to integrate local rail car manufacturing into its ambitious plans to expand Perth’s suburban rail network. The government , which has just taken delivery of the last of 78 Queensland-made B-series rail car sets, plans to let an order in 2019 for new Metronet trains. The final three-car B-series…
Perth shipbuilder Austal (ASX: ASB) has delivered its third Guardian class patrol boats to a Pacific nation as part of an Australian aid programme. The company handed over the patrol boat, one of a class of steel hulled ships being built by the company, to the Crown Prince of Tonga, His Royal Highness, Prince Tupouto’a…