Counter-drone business DroneShield has announced that it has passed a milestone of 4,000 systems sold worldwide, with two new standalone contracts totalling approximately $7.9 million for delivery to the U.S. Department of Defense. According to a statement on Wednesday from DroneShield – which announced earlier this month that it is joining the ASX200 list –…
Tropes about high costs don’t tell the whole story when it comes to making things in Australia. Those aren’t the real reasons why the industry’s share of GDP is so low, explains Dominic Parsonson. Manufacturing isn’t a “nice to have” for Australia, it’s a pillar of growth, resilience and national security. Yet whenever we talk…
Kongsberg Defence Australia (KDAu) has secured two export deals totalling $80 million and covering launcher systems and command and control consoles, which will all be assembled using “100 per cent Australian made components and subsystems”. According to a statement from Defence on Thursday, KDAu secured a $50 million order for Australian-made Naval Strike Missile (NSM)…
Solar module maker Tindo Solar was recently awarded $34.5 million in federal government support. Here CEO Richard Petterson answers criticism about assistance to local companies in terms of the “potential unfair advantage” enjoyed by other nations selling into Australia. The big news in renewables last week was the government’s $34.5 million commitment to domestic manufacturing…
EPCA Expands into Latin America Mining equipment electrification company EPCA has announced a strategic partnership with Escala Consulting, which will represent EPCA across Mexico and Latin America as the official sales representative for the region. “With established operations in Australia and Mexico, Escala leverages deep regional insight and cross-border industry experience to unlock commercial opportunities…
A local market too small for meaningful sales of a highly-specialised product. Overseas copycats. Prospects interested yet stuck on the notion that “it’s too good to be true.” TNA Solutions saw a set of problems familiar to many early-stage Australian businesses setting out with an interesting bit of technology. Their breakthrough invention, launched in 1985,…
Tasmanian businesses began receiving a 25 per cent increase to financial assistance on Monday as the Albanese Labor Government delivered on a key election commitment to boost the Tasmanian Freight Equalisation Scheme. The scheme recognises Tasmania’s reliance on shipping across the Bass Strait and supports Tasmanian shippers to move a range of non-bulk goods by…
Counter-drone business DroneShield has announced three standalone follow-on contracts, worth a total of $61.6, representing “the biggest single order” in its history and topping its entire revenue of $57.5 million for 2024. According to a statement from the company on Wednesday, the contracts were from its privately owned in-country European reseller, to be distributed to…
By Anne Vo, University of Wollongong At a time of widespread global trade instability, Australia should be expanding and diversifying its economic partnerships. Supply chains remain fragile, and protectionist rhetoric is once again gaining traction in major Western economies. US President Donald Trump’s America First agenda includes sweeping tariffs on imports, withdrawal from multilateral agreements…
The Tasmanian government launched its Export Essentials Program this week, which it says will “help trade uplift” by equipping the state’s businesses with the skills, strategies, and confidence to reach the mainland and interstate markets. The free, self-paced program offers two courses, a National Exporter Program and an International Exporter Program, with four and six…