Leading Australian quantum computing software and hardware companies have partnered to on three multi-million-dollar projects to expand the commercial adoption of quantum computing. According to quantum error correction software company Q-CTRL and silicon based quantum hardware innovator Diraq, their partnership is the first stage of delivering new, high-impact quantum computing capabilities to the global market,…
Rapid welding technology manufacturer K-TIG has failed to meet its planned transaction date for the purchase of UK advanced manufacturer Graham Engineering Limited (GEL). The company’s share purchase agreement (SPA) to acquire the business as an entrée to the UK nuclear decontamination field reached its sunset date of 31 August with a number of conditions…
Universities can apply for AUKUS funding for 4,000 more places Universities can now apply for additional Commonwealth supported places (CSPs) targeted at graduates in STEM courses, the federal government announced on Friday. The additional CSPs are designed to attract more students to train in engineering, mathematics, chemistry and physics and meet the needs of the AUKUS…
The federal government will deliver a fully costed and detailed plan next year on how it will build critical guided weapons in Australia, according to Defence Industry Minister Pat Conroy. Speaking at the Hunter Defence Conference Conroy said the government was working with industry, including Defence’s strategic partners, Lockheed Martin Australia and Raytheon Australia, to…
Babcock Australasia has become the latest company to ready itself for work supporting Australia’s deployment to Western Australia and ultimate construction of nuclear powered submarines in Adelaide. Fran Worthington was appointed to the role as inaugural Managing Director, Nuclear and ‘will take charge of Babcock’s contribution to the development of future military nuclear infrastructure and…
Altech receives commitments for another $2.5 million in investment Altech Batteries announced on Monday that it has received binding commitments for shortfall shares, following a non-renounceable entitlement offer, raising an additional $2,538,000 before costs. Total proceeds worth $15,838,208 have now been raised, including $3,000,000 from the recent placement, as well as the allocation of $12,838,208…
5) The importance of space technology in Australia The federal government recently cancelled a number of key space initiatives, including funding for the Access to Space and National Space Mission for Earth Observation programs. Rather than assess the merit of these decisions, I’d rather emphasise the importance of space to our country. By Adam Gilmour.…
Increasing multinational collaboration among AUKUS companies in Australia’s shipbuilding sector is apparent in a new tie up between US-based Fairbanks Morse Defense (FMD) and Melbourne’s Marand Precision Engineering. FMD is a primary supplier to the US Navy of marine power and propulsion systems, while Marand has increasingly been penetrating defence from its origins in the…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) AUKUS technology sharing comes a step closer Australian access to foreign technologies on a range of cutting edge industrial technologies is a step closer following progress in the US Senate to the provision of exemptions from export…
Australian access to foreign technologies on a range of cutting edge industrial technologies is a step closer following progress in the US Senate to the provision of exemptions from export controls. Under the AUKUS agreement between Australia, the US and the UK, information exchange is to be speeded up on not just nuclear powered submarines…