XTEK and Skykraft to develop spacecraft components and systems

Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) has entered into an agreement with Skykraft Pty Ltd to jointly engineer and manufacture components and small spacecraft and space launcher systems. XTEK, manufactures Unmanned Aerial Systems (UAS), tactical weapons such as sniper rifles, protection equipment, and explosive ordinance disposal (EOD) robots, while Skykraft is a…

Eden Innovations reports sales growth

Carbon nanotube concrete additive developer, Eden Innovations (ASX: EDE) appears to have made a breakthrough in commercialising its unique technologies, reporting its first significant sales. The company, which developed EdenCrete, a carbon nanotube enriched admixture for concrete, reported sales of $416,000 for the quarter to the end of march, compared to only $19,000 in the…

Quickstep ramps up industry 4.0 manufacturing R&D

Swinburne University of Technology and industry research partners including composites manufacturer, Quickstep Holdings (ASX: QHL), have received $1 million from a federal government R&D programme. The grant from the Global Innovation Linkages programme brings to $3.5 million the partners are spending developing on Industry 4.0 manufacturing systems for high volume, lightweight composites. Their project will…

Quickstep raises more than $10 million from shareholders

Composites manufacturer and technology developer, Quickstep Holdings (ASX: QHL), has raised at least $10 million from shareholders through a placement and an expanded share purchase plan. The company, which develops composites production technology and makes aerospace parts including for the F-35 Lightning fighter, will use the funds to strengthen its balance sheet and accelerate expansion.…

Quickstep advances new composites technologies

Composites manufacturer Quickstep Holdings (ASX: QHL) has announced two contracts which further commercialise its advanced manufacturing processes. The company is developing its Qure process for manufacturing composites without autoclaving, and its Quickstep lean Production System (QPS). CEO Mark Burgess said in an announcement: “We are continuing to develop our state-of-the-art process technologies to support both…

Machine outages but Quickstep reports progress

Machine outages, an industrial dispute and fallout from the US Government shutdown loom over Sydney composites manufacturer, Quickstep Holdings (ASX: QHL), but have failed to hold back the company’s progress. The company’s sales for the second quarter of 2019 reported today were up 3.8 per cent on the previous corresponding period to $15.8 million. The…

Massive pipeline project takes shape

Another 500 massive 1.8 metre diameter glass reinforced composite pipes are en route by ship from Adelaide to Townsville as part of the ambitious Haughton Pipeline Duplication Project. The second of six shipments, manufactured at RPC Group’s Adelaide factory, the Flowtite GRP pipes will make up a 36.5 kilometre pipeline from the Haughton Pump Station…