Currawong Engineering has been awarded a $150,000 Defence Global Competitiveness grant, assisting investment in production equipment.
“Currawong Engineering will use its grant to purchase specialist plant equipment to increase electronics production capability for parts used in unmanned aerial vehicles, said defence industry minister Melissa Price.
“Currawong Engineering is a great example of the capability that Tasmania’s defence industry has to offer.”
The release adds that the investment will enable shorter lead times and a better ability to serve its North American customers.
DGC grants are between $15,000 and $150,000 in value — which is dollar-matched under by recipients — and for companies employing under 200 that produce defence or dual-use technologies.
According to its website, the Tasmanian company was established in 2005 and is a specialist in powertrain systems for military and commercial drones, also providing contract manufacturing, engineering and design services. It has clients in countries including Estonia, Israel, Japan and locally.
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