Advanced Navigation and Hanwha link for inertial navigation

Defence contractor Hanwha and assured positioning navigation and timing (APNT) developer Advanced Navigation are to co-develop strategic-grade inertial navigation systems (INS). This follows the signing of a memorandum of understanding (MoU) between Sydney based Advanced Navigation, and Korea’s Hanwha Aerospace and Hanwha Defence Australia (HDA) to develop high-performance navigation systems for autonomous, airborne and crewed…

QuantX Labs makes first optical clock sale

Timing technology company QuantX Labs has announced the landmark first sales of its state-of-the-art optical atomic clocks. The company recently signed two contracts with the Department of Defence totalling over $2.7 million. Supporting Australian Defence Force requirements, QuantX will deliver a mobile precision timing test bed for Defence Systems to Defence Science and Technology Group…

Defence exports now licence-free among AUKUS nations

The three AUKUS nations Australia, the UK and the US have established an export licence-free environment, opening up investment and export opportunities for industry. Defence Minister Richard Marles first raised the possibility of removing barriers to procurement, investment, information and data sharing systems, and export requirements with the government in 2022, and described today’s announcement…

ICN’s key role in SME capability and major projects – Roy Green

On Wednesday the Industry Capability Network released a study by University of Sydney’s Phillip Toner and UTS Emeritus Professor Roy Green which recommended it should be mandatory for project proponents to work with the service which connects businesses to opportunities. Here @AuManufacturing talked to Professor Roy Green. @AuManufacturing: The ICN has been in operation for…

Defence goes digital to connect with industry

The Department of Defence has launched a Defence Digital Engineering Strategy to transform how it works with businesses and speed up capability acquisition and address operational gaps. The strategy is a key outcome of the Defence Industry Development Strategy and 2024 National Defence Strategy, which identified the need for Defence to accelerate digital technologies. According…

DroneShield hits back at critics, raises $120 million

Drone Detection and countermeasure manufacturer DroneShield (DRO) has replied to its critics emphatically with the successful completion of its approximately $120 million fully underwritten placement at a price of $1.15 per New Share. DroneShield shares have come under pressure with the latest raising, and a placement that raised $75 million in April, confirming strong institutional…