DroneShield has launched a new civilian market product, SentryCiv, which it says “empowers non-military sectors to safeguard critical assets against rising drone threats”. According to a statement from the AWX-listed counterdrone company on Monday, the product adds a “non emitting (completely passive) new layer of security” to sites at risk of drone threats, such as…
IDT Australia, an ASX-listed pharmaceutical contract development and manufacturing organisation (CDMO), has announced the resignation of CEO Paul McDonald “with immediate effect”. According to a statement from the company on Thursday, current Independent Non-Executive Chair Mark Simari, who has been on the board since 2022, is now Executive Chair. The search for a new CEO will…
Uranium enrichment company Silex Systems has received firm commitments to raise $130 million via an institutional placement of approximately 33.3 million new fully paid ordinary shares at $3.90 per share. According to a statement from the company on Thursday, proceeds will be used primarily to support commercialisation of the company’s SILEX uranium enrichment technology in…
Defence contractor Electro Optic Systems (EOS) has secured what it says is “the world’s first export order for a 100-kilowatt class laser defence system”, with the weapon deal worth €71.4 million ($125 million.) According to a statement from EOS on Tuesday, the project is for a European NATO member state and is “to address the…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Bedford forfeits $20m site in bailout deal as new manufacturing hub hangs in balance Disability services provider Bedford Group will surrender land worth more than $20 million as part of its government bailout, whilst the future of its brand new…
Adelaide-based X-ray technology company Micro-X has entered into a supply agreement with an unnamed US with “over 700 healthcare facilities” to provide the Rover Plus mobile radiology system. According to a statement on Wednesday, Micro-X’s customer is one of the “largest and most established” healthcare organisations in the US, with “a nationwide network of hospitals,…
Cold spray additive manufacturing business Titomic has launched a UK subsidiary. According to an ASX statement from the company on Monday, it has received a certificate of incorporation for Titomic UK Limited, marking “a key milestone in Titomic’s global growth strategy”. It named Les Gregory as Vice President for Business Development in the UK, where…
Wire arc additive manufacturing business AML3D has announced Arc Additive as a new, non-exclusive distributor in the UK and European markets. AML3D told investors on Monday that its European growth strategy is in alignment with the Scottish-based solutions supplier’s manufacturing expertise and target markets. The deal runs for two years. The Adelaide-based company announced plans…
Minerals-from-waste processing company Latrobe Magnesium has been granted an extension to its pilot project licence, now valid until February 2, 2027, by the Environment Protection Authority (EPA) Victoria. The licence governs operations at its Hazelwood North site, where the company is pursuing its patented process to extract MgO from fly ash, a byproduct of brown…
The founder and Managing Director of ASX-listed cooling technology company PWR Holdings is making a phased return to work after taking medical leave in April due to treatment of an acute medical condition. In a statement on Thursday, the company said Weel is continuing his recovery and will share executive responsibilities with Acting CEO Matthew…