The federal government has begun the hunt for the critical-to-manufacturing position of Chief Executive Officer of the new National Reconstruction Fund. This is a pivotal position as the government will invest $15 billion through the NRF to boost manufacturing across seven priority sectors. The seven key priority funding areas are: · renewables and low emissions…
The federal government is to fund construction of a new nuclear medicine manufacturing facility at the Australian Nuclear Science and Technology Organisation’s (ANSTO) Lucas Heights complex in Sydney. The government did not estimate the cost of the facility, reportedly likely to be in the hundreds of millions of dollars, which will replace the ageing Building…
Robotic and navigation technology manufacturer Advanced Navigation have unveiled a high-tech robotics manufacturing facility, based out of UTS Tech Lab in Sydney. The facility will scale up the manufacturing of Advanced Navigation’s AI navigation systems for GPS-denied environments, including the digital fibre-optic gyroscope (DFOG) technology, Boreas. Made with strategic-grade standards, DFOG is entering new markets…
The Minister for Industry and Science Ed Husic has visited the University of Newcastle to officially open a new ResTech facility, a joint partnership with electrical engineering manufacturer Ampcontrol at the industrial-focused Callaghan Campus. The partnership aims to accelerate the development and commercialisation of new cutting-edge technology and solutions for the energy, infrastructure, and resources…
Renewable energy is offering a host of new opportunities for Australian-made steel, the Minister for Industry and Science Ed Husic told the Australian steel convention. In an opening address to the annual Australian Steel Institute (ASI) convention today, Husic said Australian-made steel had a key role to play in the shift to advanced manufacturing, renewable…
Altech receives commitments for another $2.5 million in investment Altech Batteries announced on Monday that it has received binding commitments for shortfall shares, following a non-renounceable entitlement offer, raising an additional $2,538,000 before costs. Total proceeds worth $15,838,208 have now been raised, including $3,000,000 from the recent placement, as well as the allocation of $12,838,208…
The eight-member board of the National Reconstruction Fund, the federal government’s signature manufacturing program, has been announced, with Founding Director of the Clean Energy Finance Corporation Martijn Wilder as its Chair. In a statement on Wednesday, industry minister Ed Husic said the experience of the independent board – which will make investment decisions for the…
The federal government has opened Round 15 of Cooperative Research Centres Projects (CRC-P) Grants to develop new technologies, products, and services. The government expects to award around $40 million in grants in the round to small and medium businesses for projects to support a circular economy or meet the key priorities of the National Reconstruction…
By Peter Roberts The Minister for Climate Change and Energy has celebrated a year of achievement on tacking climate change, lambasted the climate ‘fantasy’ of the former Morrison government and outlined his next task – the creation of sector specific decarbonisation plans. In a major speech to the Clean Energy Council Bowen said he would…
The federal government has released a discussion paper and is seeking feedback on how the upcoming Industry Growth Program should operate. The $392 million IGP was a surprise inclusion in the May budget, and will replace the Entrepreneur’s Programme. According to its web page the IGP will provide advice and grants to SMEs to commercialise…