Manufacturing news briefs — stories you might have missed

Diraq opens commercial laboratory in Sydney Silicon-based quantum computing company Diraq opened its new commercial laboratory, located UNSW’s campus at Sydney, on Tuesday. The company, which announced a successful Series A-2 capital raise of $29 million (US$15m) last week, said the lab is “a critical step” in its plans “to leverage today’s semiconductor manufacturing infrastructure…

Carbon Revolution sales up, US listed shares down

By Peter Roberts Australian-born, US based automotive wheel manufacturer Carbon Revolution has announced preliminary sales for the fiscal second-quarter ending December 2023 of a record US$14.8 million, exceeding previously announced guidance for the quarter of US$14.0M-US$14.5M. For the year ended December 31, 2023, revenue increased 42 percent to US$40.3 million. CEO of Carbon Revolution Jake…

Carbon Revolution wins new wheel contract – but where will they be made

By Peter Roberts Carbon fibre road wheel manufacturer Carbon Revolution‘s birthplace of Geelong, Victoria, or perhaps Mexico will manufacture a new wheel to be produced in a deal announced by the newly minted American-listed Carbon Revolution PLC. The company said it has been awarded a wheel development programme by a premium brand of a major…

Best of the week — the five most popular stories among @AuManufacturing’s readers, September 25 – 29, 2023

What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Carbon Revolution attracts top global automotive directors Carbon fibre road wheel manufacturer Carbon Revolution has attracted a swag of leading automotive figures to join its executive team as the company moves towards a US stock exchange listing for…