Titomic producing trial parts for major space, nuclear, defence customers

Metal 3D printing company Titomic’s (ASX: TTT) Melbourne production bureau has been busy manufacturing test parts for prospective customers using its Titomic Kinetic Fusion process (TKF) 3D printers. In his monthly investor update, Titomic managing director Jeff Lang listed a number of cases where the company’s strategy of producing test parts for customers was leading…

Leigh Creek in talks for new fertiliser plant

Leigh Creek Energy (ASX: LCK) is in discussions with ‘several international companies’ in the nitrogen fertiliser market to establish a new production plant in South Australia. The company has successfully demonstrated in-situ gassification of coal reserves at Leigh Creek, making it the largest uncontracted gas reserve in eastern Australia. The company said in a statement:…

EOS completes takeover, boosts profit forecast

Canberra-based electronics and systems developer Electro Optic Systems (ASX: EOS) has completed the takeover of communications business EM Solutions and released increased profit forecasts for the year. The company is now a subsidiary and a foundation for EOS’s new communications division, alongside its divisions in defence and space business. EOS’s expertise is in laser communications…

Behind those headlines. Why not to rely on claims robots threaten half our jobs

By Michael Coelli, Senior Lecturer, University of Melbourne and Jeff Borland, Professor of Economics, University of Melbourne Should we believe headlines claiming nearly half of all jobs will be lost to robots and artificial intelligence? We think not, and in a newly released study we explain why. Headlines trumpeting massive job losses have been in abundance…