Australian counterdrone technology company DroneShield has delivered explosive growth in its latest half-year results, with revenue surging 210 per cent to $72.3 million, according to results released on Monday. The Sydney-based company, which develops AI-powered anti-drone systems for military and civilian applications, reported its highest-ever quarterly revenue of $38.8 million in the second quarter, representing…
Australian 3D printing specialist Aurora Labs has signed a memorandum of understanding with US-based Mayman Aerospace to explore collaborative development of 3D-printed micro gas turbines for advanced aircraft propulsion systems. The two-year partnership marks Aurora Labs’ first entry into the US aerospace and defence technology ecosystem, representing a strategic move to penetrate the lucrative North…
James Cook University engineers have created a groundbreaking bendable ceramic material that could revolutionise aerospace design, the university announced on Wednesday. The material, which can be 3D-printed and withstand more than 10,000 loading cycles without breaking, has attracted the attention of global aerospace manufacturer Lockheed Martin, which will partner with the JCU team over the…
An Australian quantum computing company has joined forces with international partners to take on an ambitious challenge from the US military’s research agency. Sydney-based Diraq announced on Thursday it secured a contract with the Defense Advanced Research Projects Agency (DARPA) to participate in a program aiming to build a useful quantum computer by 2033. The…
Li-S Energy and Kea Aerospace signed a collaboration agreement on Tuesday at the Avalon International Airshow to integrate lithium sulfur battery technology into high altitude UAVs. The partnership aims to significantly enhance flight endurance and operational efficiency of Kea’s stratospheric aircraft, which operate between 55,000 and 65,000 feet. Kea’s solar-powered ATMOS aircraft functions as a…