Rex Airlines-backed electric aviation company Dovetail Electric Aviation (Dovetail) has announced that it is using the Siemens Xcelerator portfolio of software to design its propulsion systems, which will be retrofitted to small aircraft. Dovetail was established in 2020 as a joint venture between Sydney Seaplanes and Dante Aeronautical, and is based in Melbourne — with…
The Australian government used to publish a Business R&D Investment Scorecard, providing insight into how companies are investing in their future. Here John H Howard, Victor Pantano and Cameron Begley produce their own scorecard – which suggests fewer Australian companies are bothering with R&D. R&D scorecards are vital tools for policymakers. They provide essential data…
Provaris Energy seeks swift restart to compressed hydrogen tank construction Australian green hydrogen developer Provaris Energy is working with secured lenders to have construction resume of its proprietary compressed hydrogen transport tank for the company’s proposed H2Neo carrier vessel. Earlier this month the company revealed the bankruptcy of Norwegian-based Prodtex Industri AS which operates the…
Defence giants Huntington Ingalls Industries (HII) and Babcock have formed a new joint venture H&B Defence to develop sovereign capability for the AUKUS conventional armed, nuclear-powered submarine programme. H&B Defence combines nuclear submarine and shipbuilding experience from Australia, the United Kingdom and the United States to support the nuclear-powered submarine programme unforlding under AUKUS. HII…
Process engineering company Jord International has announced that Greg Jones (pictured on left) will begin as its new CEO on July 15. Jones joins the privately-owned, 400-person firm after 17 years at steel company InfraBuild, where he is Executive GM of Distribution & Processing, according to his Linkedin profile. Jones will replace current CEO Angus…
Move over panda diplomacy, toast two way trade with Penfolds Grange Move over panda diplomacy, the local wine industry has been recruited to treat visiting Chinese Premier Li Qiang. Trade Minister Senator Murray Watt welcomed Li to lunch at Penfolds Magill Estate winery in Adelaide (pictured), the home of the company’s famous Grange. Watt said:…
Mine mill relining systems original equipment manufacturer (OEM), Russell Mineral Equipment has launched a global campaign celebrating the company’s upcoming 40-year anniversary. RME Founder, Executive Chairman and Chief Engineer Dr John Russell said in a statement that the anniversary was as an opportunity to express his gratitude for the colleagues, customers and suppliers who helped…
IDT Australia to raise $7 million for mRNA vaccine production Pharmaceutical manufacturer IDT Australia is to raise $7 million a fully underwritten entitlement offer of fully paid ordinary shares to eligible shareholders. The funds raised will be used to fund capital expenditure relating to current and potential future works in the mRNA therapeutics field including…
VSUN Energy’s new appointments speed adoption of vanadium flow batteries Australian Vanadium (AVL) has welcomed Steve Banning as Principal Advisor and Dr Yifeng Li as Product Development Manager for its 100 percent owned subsidiary, vanadium flow battery (VFB) manufacturer VSUN Energy. These appointments are pivotal to unlocking AVL’s ambition to accelerate the uptake of VFBs…
Defence industry minister Pat Conroy has openly called the government’s move from innovation policies of the previous government to one of picking winners. Answering questions after a speech top the ASPI defence conference, Conroy said moves to link innovation grants more directly to purchasing decisions by Defence was picking winnners. Conroy said: “We have to…
