Food Recycle crowdfunding food waste to animal feed technology A new science-based solution to the food waste problem is to be launched by Australian company, Food Recycle. The company has spent the past seven years conducting extensive R&D, including trials with the CSIRO, to validate the science and processes. Food Recycle is crowdfunding to commercialise…
McKenzie’s Foods innovates in food products Australian owned baking and cooking manufacturer McKenzie’s Foods has partnered with packaging and processing company Tetra Pak to release a new range of pulses packaged in Tetra Recart. The convenient packaging solution has the lowest CO2 footprint on the market in Australia and New Zealand. The range includes five…
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…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Civmec and Austal join forces for landing ship bid Engineering firm Civmec and shipbuilder Austal have executed a memorandum of Understanding (MOU) to form a Joint Venture (JV) to submit a proposal to the government to support the project LAND8710…
Shares in drone detection and countermeasure company DroneShield have continued their downward slide despite the release of the company’s latest quarterly report to shareholders. The company’s shares have been under pressure since earlier this month when a negative media report questioned the valuation of the company, which has been riding high on rapid growth and…
The Australian Army is turning to directed-energy weapons as one-way of embracing emerging technology to counter off-the-shelf small multi-rotor uncrewed aerial vehicles. Recently at the Army’s At a Puckapunyal range in Victoria, AIM Defence demonstrated its Fractl Portable High Energy Laser which is powerful enough to burn through steel and can track objects as small…
Drone detection and countermeasure manufacturer DroneShield has received an order of $4.7 million from a new non-government Swiss international customer to provide multiple vehicle-based counterdrone (C-UxS) systems. The vehicle-based solution offers a C-UxS platform that can be operated in both static and On-The-Move (OTM) missions for convoy and mobile VIP protection, according to the company.…
DroneShield has officially opened a new headquarters at Pyrmont, in Sydney’s inner-city, where the drone countermeasures company says it has tripled its R&D and manufacturing capacity. In a statement on Tuesday, DroneShield said the facility hosts its team of 120 and has headroom to produce “$400 million in hardware and software per year”. The new…
DroneShield in new US defence order Drone countermeasure manufacturer DroneShield has received a repeat order of $5.7 million from a U.S. Government customer for a number of its C-UxS (Counter-UxS, pictured) systems. C-UxS refers to counterdrone systems targeting multi-domain aerial, ground and maritime surface drones. The delivery, involving multiple DroneShield product lines, is expected to…
Drone detection and countermeasure manufacturer DroneShield has topped off a year of rapid growth with a fully underwritten $75 million capital raising. The company is raising $70 million via a share placement, and an additional $5 million through a share purchase plan. The cash will be used to build up inventory to support a sales…
