By Peter Roberts In the past the model for Australian industrial technology companies was to first establish themselves in the local market before venturing overseas which ultimately represents 95 per cent of the potential market. Few Australian companies manage that jump without being taken over or swamped by international competition, partly because an initial technological…
Cochlear implant company Hemideina raises $10 million. A second Australian cochlear implant player Hemideina has emerged to compete with Cochlear Ltd, with the technology company closing a $10 million capital raising, managed by Henslow. Founded in 2017 by research scientists Dr Kate Lomas and Dr Elizabeth Williams, the company has designed a new type of…
Invermay, Tasmania IoT device company Definium Technologies has completed shipment of its largest-ever device order to leading equipment hire company Coates. The order more than doubled staff numbers at the company and involved the installation and upgrading of surface mount technology and machinery, according to CEO Mike Cruse. Cruse said Coates engaged Definium to design…
By Joseph Brookes The government’s research and development tax incentive is “counterintuitive” to innovation because it fails to focus work into Australia’s areas of strength and provides support only after the work is completed, according Advanced Manufacturing Growth Centre head Dr Jens Goennemann. Speaking at a Capability event this week organised by InnovationAus, Dr Goennemann…
The University of Queensland has purchased an Arcemy metal additive manufacturing system from AML3D. The $400,000 3D printing unit will be used across a range of existing and new initiatives at UQ. The Arcemy unit destined for Brisbane is a wire additive manufacturing (WAM) machine that can 3D print across a variety of metal alloys…
Composites specialist Quickstep Holdings has announced a manufacturing partnership with UAV logistics company Swoop Aero and a stake in Swoop’s parent company, Kookaburra Aerospace. Quickstep said in a statement that a contract with an initial order value of $1.5 million would see them provide engineering and manufacturing services, as well as an initial production run…
By Peter Roberts The refinancing of Sanjeev Gupta’s GFG Alliance two weeks ago has kick started work on plans for a massive, world-scale GREENSTEEL investment by the company which would transform its Australian operations centred on the Whyalla steelworks on upper Spencer Gulf in South Australia. @AuManufacturing understands negotiations have been underway in recent days…
Four more startups have signed up to be on the first commercial orbital rocket launch from Australia, scheduled for next year, aboard Space Machines Company’s Optimus-1 craft.
The Queensland government has announced it will spend $7.1 billion on 65 new trains to be built near Maryborough, calling it the first “local procurement” announcement related to the 2032 Brisbane Olympics. The trains would be built at Torbanlea, north-west of Maryborough, and add 800 new jobs in the Wide Bay-Burnett region, according to the…
Electric truck and van drive train manufacturer SEA Electric has made a major breakthrough in the key United States market winning its biggest-ever order to supply 1,150 new trucks. The company, which make its SEA Electric drive trains in Melbourne and fits them to trucks in Australia and internationally, received confirmation of the order for…