Tectonica wins $25 million contract to manufacture Boxer situational awareness systems
Contracts totalling $33 million have been awarded to Australian suppliers for the new fleet of Boxer Combat Reconnaissance Vehicles.
Changes at the top of Titomic
Industrial scale additive manufacturing company, Titomic has announced the retirement of its chairman, leading technology entrepreneur Philip Vafiadis and the appointment of two new directors. Titomic’s founder and managing director Jeff Lang has been appointed Interim Executive Chairman replacing the Adelaide entrepreneur while another chairman is sought. Also joining a beefed up board are Dag…
Titomic’s production-first strategy pays off in 3D printing
Analysis by Peter Roberts It was only in February 2019 that the board of industrial scale 3D printing company Titomic decided on a subtle change of direction that is now paying off for the Melbourne-based business. Instead of jostling the dozens of other manufactures of 3D printers for a share of the printer market, it…
New ASX index launches without manufacturers
A new Australian Stock Exchange index goes live today representing an all inclusive view of Australia’s technology companies – yet it fails to include any manufacturers.
Profiles of success: AML prepares to go public, says standards are key to commercialisation
There has been a series of successful IPOs for high-tech Australian manufacturing companies in recent months, including Carbon Revolution, K-Tig and Amaero Engineering. 3D printing bureau AML3D hopes to add to this, with a place on the ASX planned for March. Founder and managing director Andy Sales agrees that investors are keen on sophisticated manufacturers…
EOS raising confirms investor appetite for manufacturing
By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…