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…
Details of the fourth annual Inside Advanced Manufacturing showcase in Queensland have been released, with the September 4 – 15 series to feature 21 manufacturing businesses and ten manufacturing support organisations across six regions. Manufacturers “will host guests on a behind-the-scenes, expert-guided tour” of facilities, according to a statement from the Queensland government on Tuesday,…
The Queensland government extended its support of the Advanced Robotics for Manufacturing (ARM) Hub by $7.2 million over four years in this week’s state budget. The ARM Hub is a not-for-profit innovation initiative launched in 2020, helping link companies with researchers for robotics and software-related projects. The funding would help it “continue its vital work…
University of Sydney agricultural robotics spin-out, Agerris, has raised $6.5 million to commercialise two robot platforms for precision farming.
AuManufacturing’s first featured member is Byron Kennedy of SPEE3D, who shares some thoughts about bringing new manufacturing technology to market in Australia. His company specialises in a novel method of additively manufacturing parts through “supersonic 3D deposition”, with metal powders fired precisely and at triple the speed of sound onto a surface.
