Board changes at Aurora Labs, company seeking new CEO

Aurora Labs (ASX:A3D) has reshuffled its board and announced it is seeking a new CEO as it prepares to commercialise its metal additive manufacturing technology.

NIOA to make and export F-35 ammunition

Medium calibre munitions for the F35 lightning fighter aircraft will be produced in Australia and exported to allies including the United States following an announcement by the Rheinmetall NIOA Munitions (RNM) joint venture. The venture, between Australian-owned NIOA and Germany’s Rheinmetall, will install a new production line at the government-owned munitions plant in Benalla to…

Barrett receives new US communications order

Barrett Communications has announced a new partnership with US company Royal Communications International, and a new order for HF radio equipment for the US Mission in Central Asia. The Perth company, which also manufactures in the United States, revealed a two-prong strategy to build sales to the world’s biggest defence custoer. The first prong is…

Investors flock to back Cochlear raising

Institutional investors have responded rapidly to hearing technology group Cochlear’s efforts to raise new capital, subscribing $880 million in new capital within two days. The company, which is raising capital to tide it over a slump in surgical implant procedures of its devices caused by the Covid-19 coronavirus pandemic, originally intended to raise $800 million,…

Micro-X to expand X-Ray machine manufacture

Portable X-ray equipment leader Micro-X has received yet more new orders for its lightweight Nano portable X-ray machine for use in diagnosing advanced cases of the Covid-19 coronavirus, sparking a scaling up of manufacturing capabilities. The Adelaide company has developed the world’s first and only carbon fibre nanotube X-ray emitter, and had made only initial…

3D-printed body parts set for surgical training ramp up

A South Australian company that manufactures 3D-printed medical training devices is set to embark on a $10 million capital raising campaign so it can ramp up production post coronavirus.

Austal’s US shipyard deemed mission essential industry

The US Navy and Department of Homeland Security have deemed Perth shipbuilder Austal’s American shipyard as a mission essential industry to remain open during the Covid-19 coronavirus pandemic. The government is working with the company to ensure the workforce is protected and continues to build and maintain USN warships. An assistant secretary of the United…

Call to give companies early access to R&D refund

Australian Manufacturing Forum member viewpoint by Kris Gale With the world attempting to come to grips with the COVID-19 situation, it’s hard to find too many opportunities for good news but recent discussion regarding the R&D Tax Incentive is one of them. As reported in @AuManufacturing news, the Senate Economics Legislation Committee (the Committee) is…

Global carbon capture potential for rare nanoparticle

Australia is on the cusp of commercialising a rare nanoparticle with huge global potential to help capture carbon and water pollutants.

Ainsworth hit by gambling downturn

Poker machine and gaming manufacturer Ainsworth Game Technology has joined others in the gambling industry in announcing a big hit from the effects of the Covid-19 coronavirus. The Sydney company said that the virus had caused a large number of gaming and hospitality venues to close or seek to reduce visitation. “As a result the…