2021: a space business’s odyssey

Despite a recent mishap, Gilmour Space Technologies’ goal of offering commercial trips to orbit in 2021 is unchanged. Brent Balinski spoke to founder and CEO Adam Gilmour about the need for local launches, the $150 million federal boost to space companies, and the enduring mystery of a recent award nomination.  

Nufarm sells out of South America

Australian seeds and crop protection specialist Nufarm (ASX: NFM) today announced it had sold its South American operations to Sumitomo Chemical for $1.9 billion. The company sold its businesses in Brazil, Argentina, Columbia and Chile and will continue to supply the operations under an agreement wth the Japanese global group. The sale represented a multiple…

Profile of success – Elphinstone and Caterpillar

Tasmanian mining equipment manufacturer Elphinstone has made a remarkable comeback as an OEM manufacturer to the global Caterpillar group. The Burnie company, which employs 2,500, first shot to prominence when it modified Caterpillar surface equipment to operate underground. Eventually it grew into a 50: 50 joint venture with Caterpillar, designing and making underground load, haul,…

ACCC warns winemakers in relations with small businesses

We all love to love Australia’s successful value-adding wine making industry, but it seems all is not bliss on the nation’s vineyards. A report by the Australian Competition and Consumer Commission just released warns of power imbalances in the grape supply chain being exploited by some wine makers. The ACCC looked at competition, contracting practices,…

Why are scientists so excited about a recently claimed quantum computing milestone?

A quantum computer may have solved a problem in minutes that would take the fastest conventional supercomputer more than 10,000 years. A draft of a paper by Google researchers laying out the achievement leaked in recent days, setting off an avalanche of news coverage and speculation.