The defence contractor formerly known as XTEK has begun trading on the ASX under its new name, HighCom. In a statement on Wednesday, the company said that the change of name had been processed by the Australian Securities and Investment Commission. Its ASX ticker code has gone from XTE to HCL. The changes follow shareholders…
A new project will see University of Southern Queensland (UniSQ) Centre for Future Materials researchers, Dassault Systemes software reseller MEMKO and Boeing work together on the use of digital twins for repairing composite structures. Lead researcher Dr Tristan Shelley from UniSQ said in a statement on Thursday that the ultimate goal was increased digitalisation of…
Australia’s Economic Accelerator (AEA) Seed Grants have been awarded to two projects led by University of Southern Queensland researchers, aiming to commercialise construction and fertiliser products.
Orthocell solidifies partnership with UWA Tissue regeneration technology developer Orthocell has executed an agreement with the University of Western Australia to exchange UWA’s entitlement to royalties for equity in Orthocell. The company will issue UWA 1.71 million shares in the company at a deemed price of 35 cents, placing the university among the top 20…
A UNSW Canberra engineering researcher has developed a method to recycle carbon fibre which saves energy and can recover more of the material, according to the university. Carbon fibre composites are found in many applications with environmentally-friendly aims, for example in wind turbines and lightweight structures for transport. However, fibres have proved difficult to recycle,…
Defence contractor XTEK has told shareholders that it will shut its Adelaide site by 2024 and move the factory’s manufacturing and R&D operations to the United States, citing opportunities in that market. XTEK supplies defence products, such as drones, and develops its own, including composite armour based on its proprietary XTclave process. XTclave is a…
The board of defence contractor XTEK wants to change the company’s name to HighCom Limited, and will take the proposed change to shareholders at the upcoming annual general meeting on November 23. XTEK listed on the ASX under that name in 2005 as a supplier of security-related products and services, and trades under the ticker…
The iLAuNCH Trailblazer has announced that its next project involves The Australian National University and industry partner New Frontier Technologies and aims to reduce weight in satellites through “additive manufacturing of lightweight and thermally stable composite structures”. In a statement on Tuesday, iLAuNCH (Innovative Launch, Automation, Novel Materials, Communications and Hypersonics) said the solution would…
By Peter Roberts 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 its shares. The Geelong, Victoria company announced four US based senior automotive executives including: Bob Lutz, former General Motors Vice Chairman…
NSW container scheme nears milestone The NSW Return and Earn scheme is on the verge of reaching the milestone of 10 billion recycled cans and bottles. On Friday the NSW Government encouraged households to help reach the mark in the next 24 to 48 hours, by taking their empty drink containers to one of 620…