Supashock to produce missile launcher for Rheinmetall
Defence contractor Supashock will design and manufacture a missile launcher capability for the Rheinmetall BOXER 8×8 Combat Reconnaissance Vehicle (pictured). Under a $10 million contract the Adelaide company will deliver the capability for Boxers being built for the Australian army under the LAND 400 Phase 2 program. Under a separate $12 million contract the system will be delivered into Rheinmetall’s global supply chain program for a European military vehicle program.
Creso Pharma to list in the US, launches new tea products
Cannabis product producer Creso Pharma is to seek a secondary listing in the United States as that country moves to free up access to marijuana. The company, which produces cannaQIX lozenges to ease chronic pain, has increasing visibility in North America through the acquisition of psychedelic medicine manufacturer, Canada-based Halucenex Life Sciences. Creso has also received approvals to market a new range of cannaboid-based teas in Switzerland. The company will launch three tea products – cannaQIX tea, cannaQIX NITE tea and cannaQIX Immunity tea. The teas aid stress management, better sleep, and optimise well-being according to the company.
Australian Advanced Materials advances printed ink battery development
Printed ink battery technology company Australian Advanced Materials has reported success in scaling down the size of its printed ink battery cells. The company, which is developing light, thin, and flexible batteries which can be printed onto a battery pack, has scaled down the size of its cells from one square centimetre to 25 square millimetres. This four-times smaller battery area achieved a 14 volt output solely by harvesting moisture from the air, according to the company. AAM is a subsidiary of technology venture company Strategic Elements.
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