Funding to boost South Australian manufacturers advanced tech
The South Australian government has launched a new, $1 million program to accelerate manufacturers uptake of advanced tech.
New $342 million ARC Discovery Projects round announced
Research programs developing new metamaterials, higher-quality long-life lithium batteries, and novel thermal energy storage approaches are among those supported in a new round of Australian Research Council Discovery Projects. Announced on Tuesday, the round allocated $342 million in funding to 536 projects supporting basic and applied research. “Discovery grants support individual researchers and research teams…
Manufacturing news briefs – stories you might have missed
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…
Machine under development at Melbourne uses “vibrating bubbles” for super-speed bioprinting
A new, locally-developed bioprinter has received positive feedback from institutes including the Peter MacCallum Cancer Centre and Harvard Medical School, according to University of Melbourne, and offers cancer researchers a new tool for replicating specific organs and tissues. In a statement from the university on Friday, it was claimed that the new 3D printer is…
Titomic makes first 3D printer sale to US Navy
Additive manufacturing machinery manufacturer Titomic has broken into the US ship and submarine construction market, making its inaugural sale of a cold spray repair system. The sale to U.S. Navy’s Naval Sea Systems Command (NAVSEA), adds to its recent successes with the Royal Dutch Army and French Navy. Titomic told investors that reseller, Anywise America…
Conflux Technology secures $11 million in Series B round
3D printed automotive, aerospace and drone heat exchanger manufacturer Conflux Technology has secured $11 million in its Series B funding round, led by the Victorian government venture capital arm Breakthrough Victoria. Breakthrough pledged $5 million along with investors AM Ventures and Acorn Capital, with the cash to be used to accelerate development of its Conflux…
Aurora Labs in second defence 3D print order
Perth based Aurora Labs has received a second direct order for the Department of Defence for experimental additively manufactured metal components. This follows a June order from Defence to supply experimental metal alloy 3D printed parts, as well as supplying print production specialty componentry over the coming months. The company develops metal additive printers and…
How the moon motivates additive manufacturer SPEE3D
When you’re busy, you might not get to focus on every milestone. This seems to be the case for cold spray additive manufacturing specialist SPEE3D, which marks a decade in operation this year. In under a year since we last caught up with co-founder and CTO Steve Camilleri, the company has been selected for and…
Titomic announces successful $30 million equity raise supporting US move
Cold spray additive manufacturing company Titomic says it has successfully upped its equity raise from $25 million to $30 million “due to strong investor demand” as its focus continues to shift to the US market. As reported earlier this week, Titomic shares went into a trading halt on Monday as the company sought to raise…
Changes at the top for Titomic as it conducts reported $20 million capital raise
Cold spray additive manufacturing business Titomic has announced that current CEO Herbert Koeck will leave at the end of 2024, with defence and aerospace executive Jim Simpson to begin as CEO on January 1. Coming just after the company was put in a trading halt – reportedly seeking to raise $20 million from investors –…