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…