A marked upward trend in Australian manufacturing jobs to more than 900,000 occurred this month. Add to this manufacturing’s value-add in software programming, R&D, design and other supply chain inputs, manufacturing has created a further 2.5-3 jobs in other industries.
Matrix Composites moves to loss in Covid year Underwater systems composite manufacturer Matrix Composites & Engineering has plunged to an EBITDA loss of $4.4 million in FY 21 as disruption from the Covid-19 pandemic slashed sales to $17.6 million compared to the previous year’s $27.4 million. However the company reported final quarter revenue of $6…
Diversified technology investment group PPK has reported on a year of transition from a manufacturer of mining equipment to a technology investment group with a heavy focus on developing new uses for the material boron nitride nanotubes (BNNTs). The company completed a strategic review in the year and plans to demerge the mining equipment business…
Analysis by Peter Roberts For a very long time now in Australia it has been possible to get venture capital for a yet-another gold mine or some fintech app. But when manufacturing innovators go looking for capital, other than a few angel investors, the cupboard has been bare – this despite us sitting on one…
@AuManufacturing’s editorial series – fibres and composites transforming industry – turns today to the latest wonder material – boron nitride nanotubes. Will BNNT’s be the wonder material that makes the real breakthrough from science to widespread practical use? By Peter Roberts Wonder fibres and composites come and go, sometimes like carbon fibre nanotubes finding an…
For the fourth year in a row now I give you the annual Additive Manufacturing highlights from Down Under. Despite the challenges, 2020 was marked by a year of positively healthy industry growth!
Industrial scale additive manufacturing company Titomic has begun producing demonstration parts to satisfy its breakthrough sale of two massive production machines valued at $25.5 million. Titomic told investors that it had completed the technical research and development phase for its sale to Composite Technology, an Australian R&D and commercialisation division of a global defence product…
Traffic Technologies fails to declare a dividend in volatile year Traffic light and road signage group Traffic Technologies has failed to declare a dividend in the 2020 financial year, booking earnings before interest and tax (EBIT) down 402 per cent to $11.4 million. Revenue was down eight per cent to $44.5 million. The results included…
Gilmour Space positive about Abbot Point space launch site Rocket developer Gilmour Space Technologies has responded positively to Queenaland government investigations of a new space launch site at Abbot Point in north Queensland. The company said such a site would give Gilmour access to ‘a very wide range of orbits and inclinations for our customers’.…
Analysis by Peter Roberts One of the features of new methods of production that are emerging as part of the industry 4.0 revolution is the fact that Australian industrial machine manufacturers are coming to the fore. @AuManufacturing has reported on the several companies that are making innovative 3D printing industrial machines locally from SPEE3D to…
