ABT to offer automatic collision avoidance braking

Manufacturing News, Technology

Fail-safe commercial vehicle brake manufacturer Advanced Braking Technology has announced a global distribution agreement with RaptorTech Pty Ltd to distribute, market and sell its auto braking system designed to integrate with Collision Avoidance Systems (CAS). ABT, which supplies the mining and defence sectors with sealed braking systems, will market and sell the product for an…

Manufacturing news briefs — stories you might have missed

Manufacturing News

Cyclopharm raises $20 million, seeks another $2 million Radiopharmaceutical imaging company Cyclopharm has successfully completed its institutional placement, raising $20 million before costs. The Placement attracted strong demand from both existing shareholders and from new institutional and sophisticated investors in Australia, Hong Kong, and the UK. A share purchase plan to raise up to $2.0…