Codan completes the acquisition of Kägwerks Communications and metal detection manufacturer Codan, through its wholly owned subsidiary, Codan US Inc, has completed the acquisition of 100 percent of US-based organisation SKT2 LLC dba Kägwerks (Kägwerks). Kägwerks is a leader in tactical operator-worn networking communications technologies that enable connectivity and integrated secure networking in a military…
Additive manufacturer Aurora Labs has received an order from the Department of Defence to 3D print a micro gas turbine aircraft engine. The order, valued at $319,000, demonstrates the company’s growing role in enhancing sovereign capabilities through cutting-edge additive manufacturing technologies, according to an announcement. It builds upon the ongoing development of A3D’s existing range…
Rhythm receives R&D tax incentive refund Predictive cancer diagnostics technology company Rhythm Biosciences has received multiple tranches of its research and development tax incentive (RDTI), totalling $3.23 million. This total is made up of approximately $1.24 million in relation to FY23, being a second tranche of funds following the submission of an amended FY23 tax…
Rio Tinto aluminium production steady Rio Tinto has announced aluminium production of 809,000 kiltonnes worldwide in the third quarter — including from its Australian smelters at Boyne Island and Bell Bay — down two per cent on the previous corresponding period. Production for the first three quarters of the year is up one per cent.…
Birdon progresses new boats for the Netherlands Birdon Group is progressing the build of Bridge Erection Boats (BEBs) for the Netherlands Army, with six Birdon BEBs in the final stages of assembly and delivery scheduled for the end of September. Birdon just performed a sea trial on the first boat – hull number 007 (pictured)…
By Brent Balinski The Industry Growth Program, offering grants between $50,000 and $5 million to SME and startup commercialisation projects, started accepting applications on Monday. It will no doubt be useful to a long list of companies. However, the replacement for the Entrepreneurs’ Programme does nothing to address some bigger, more immediate problems. The mood…
Amaero hocks Adelaide assets as part of farewell to Australia Amaero International has announced that it has finalised the sale of all powder and equipment at its Adelaide facility for approximately $460,000 in cash, “in conjunction with the cessation of operations in Australia”. Amaero — which was spun out of Monash University in 2013 —…
Victorian government announces Skills Solutions Partnerships Program Victorian industry minister Natalie Hutchins announced the $10 million Skills Solutions Partnerships Program at the 2023 Victorian Manufacturing Showcase on Tuesday. As part of the program, government, industry, TAFEs and universities will co-design and pilot new training courses in manufacturing, digital, construction, clean economy, healthcare and social services,…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) What a fast growth manufacturer does to digitise – webinar Like all manufacturers Ty Hermans is rapidly digitising his businesses, but his task is especially challenging given the very rapid rate of growth of his Venlo Holdings…
Projects of concern summit held in Canberra The Minister for Defence Industry Pat Conroy convened a Projects of Concern Summit last week on the Civil Military Air Traffic Management System (Civil Military Air Traffic Management System) project. This is the third summit held by the federal government since coming to office and part of reform…
