Satellite technology company Fleet Space Technologies today announced plans to deploy its end-to-end mineral exploration solution, ExoSphere, to enhance Gold Fields Ltd’ exploration and development of their Salares Norte gold-silver project in Northern Chile. ExoSphere will be used to generate 3D subsurface imaging of the Brecha Principal and Agua Amarga resource areas and surrounds aiming…
Manufacturing success has never been more dependent on selecting and implementing the right technologies, writes Warren Zietsman. Three challenges are apparent for manufacturers. For an industry largely written off for decades, the recent comments by Prime Minister Anthony Albanese at the 2024 Bush Summit are a signal of intent in reviving the fortunes of both…
As shown in @AuManuracturing News’s Towards 3% R&D editorial series, Australia’s innovation effort is tanking, with a lack of national policy co-ordination a key issue. Here Dr John H Howard, puts the case for a National Innovation Council. In an era where innovation drives economic growth and global competitiveness, Australia’s fragmented approach to industrial strategy…
Defence communications and metal detection manufacturer Codan Group is expanding into the United States with the acquisition of 100% of US-based networking communications specialist SKT2 LLC dba Kägwerks (Kägwerks). The acquisition, made through subsidiary Codan US Inc., is valued at $33.6 million together with royalty payments for five years post-closing based on agreed annual sales…
Laser-based anti-drone system maker AIM Defence has expanded into a 4000 sqm facility to support the manufacture and export of AIM’s Fractl Counter Uncrewed Aerial Systems (C-UAS) laser. The new facility will house a skilled team of researchers, scientists, and engineers from a range of disciplines and will support the ramp up in production of…
Bisalloy’s profit growth flat Wear resistant and armoured steel manufacturer Bisalloy Steel Group sales tonnes were impacted in FY24 in Australia by protracted EBA negotiations in H1 and in Indonesia by import restrictions in place for much of the year. Despite this, strong pricing discipline and a favourable mix meant the company’s sales revenue of…
Australian businesses trail their Asia-Pacific counterparts in their digital strategy and AI adoption, according to a major survey by CPA Australia. However it is not all bad news – our focus on cybersecurity and data protection is a positive for Australian businesses. CPA Australia’s 2024 Business Technology Report found that only 53 per cent of…
IDT Australia secures Sanofi contract Pharmaceutical development company IDT Australia has secured a follow on contract with pharma giant Sanofi Australia for preclinical formulation, development and manufacture of Sanofi’s messenger RNA (mRNA). The contract, worth up to $4 million, continues the company’s advancement of mRNA-based vaccine formulation, development and manufacture at IDT’s aseptic sterile injectables…
AIM Defence’s Fractl Tactical Directed Energy Laser has taken out first place at an international Counter Drone Sandbox in Canada netting a $1 million dollar prize. The win cements AIM’s position at the forefront of low cost and compact Tactical Counter-Drone Systems and follows the Australian Government’s $5.4 million commitment to buy a Fractl counter…
Pfizer Australia has announced a major upgrade to its manufacturing facility in Melbourne to boost production of pharmaceuticals aiming to help address rising levels of antimicrobial resistance. Pfizer has invested $150 million to develop advanced pharmaceutical production facilities for new antimicrobial treatments tackling what is one of the biggest threats to global health. The Victorian…