The federal government has simultaneously given grants to three start up companies that are subsidiaries of a single publicly listed company. PPK Group announced today that three of its subsidiaries had secured grants under the government’s Trailblazer University Program as part of Geelong’s Deakin University Renewable Energy Commercialisation Hub (REACH): Lithium sulphur battery technology company…
Wire arc additive manufacturing technology company AML3D has announced its best quarterly result in terms of customer receipts since listing on the ASX, and expects the next quarter to be a further improvement.
Conflux Technology and Deakin University’s Institute for Frontier Materials have announced a nine-month project developing new aluminium alloys for use in additively manufactured heat exchangers.
Wire arc-based additive manufacturing goes back to the 1990s, but is only starting to realise some of its commercial potential. Adelaide-based AML3D is one of the global leaders in commercialising this technique, which uses a combination of software, robotics and wire arc welding as a heat source, melting wire and depositing it, layer by layer,…
ASX-listed PPK Group has announced a joint venture with textile technology startup Xefco which will manufacture facemasks with antibacterial and antiviral properties.
Metal additive manufacturing company Amaero International has announced progress in developing its Australian and international busines, including plans to establish an additive manufacturing centre in the Middle East. The company, which produces 3D printers and manufacturers in Australia and California, submitted a draft heads of agreement during the March quarter to establish the centre and…
PPK Group to demerge, raises $15.4 million Diversified mining equipment and materials technology business PPK Group is to demerge its mining group. Announcing a $15.4 capital raising, PPK will spend the funds to accelerate projects applying its boron nitride nanotube (BNNT) technologies. Chairman Robin Levison and director Dale McNamara sold down shares in PPK to…
Bisalloy’s profits up 45 per cent High strength steel manufacturer Bisalloy Steel has grown earnings before interest tax depreciation and amortisation (EBITDA) 45.9 per cent in FY2020 as efficiencies and markets grew. The company reported sales up 12.8 per cent for the year to $110.7 million as domestic sales grew 30 per cent. While its…
S&P Dow Jones is rebalancing its S&P/ASX stock indices which are based on market value on June 22, with manufacturers featuring in the changes. Amcor PLC will drop out of the S&P/ASX top 20 index following the demerger of its domestic and international businesses into locally-focused Orora and the global Amcor group. Gaming machine manufacturer…
Winners of the second round of the Advanced Manufacturing Growth Fund have been announced today. The 15 SA and Victorian companies share in $19 million worth of assistance, aimed at helping them transition to higher-value products.
