Category Archive

Austal delivers second Cape-class patrol vessel to Navy

May 30, 2017 • NewsComments (0)

The Royal Australian Navy (RAN) accepted delivery of Cape Inscription, the second Cape-class patrol boat to enter service in 2017. Inscription is the tenth Cape-class vessel designed and constructed by Austal and the second that was delivered to the RAN following the acceptance of Cape Fourcroy in April 2017. Austal CEO David Singleton said the …

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$60m Monarto mushroom expansion to generate 200 new jobs in SA

May 30, 2017 • NewsComments (0)

Horticulture company Costa has unveiled plans to upgrade its Monarto facility to help meet growing national demand for fresh mushrooms. The $60 million expansion is expected to double production at the site from 120 to 240 tonnes a week and to generate 200

New MIT algorithm paves way for faster drones

May 30, 2017 • NewsComments (0)

MIT engineers have formulated a new algorithm that can help increase the speeds of complex systems such as drones and other autonomous robots. Today’s drones are limited to flying at about 30 miles per hour, as flying beyond this speed limit would affect

Unipod to build a world class manufacturing plant in Truganina

May 29, 2017 • NewsComments (0)

Victorian waffle pods supplier Unipod will build a state-of-the-art manufacturing plant in Truganina to accelerate its plans to become a major supplier to the construction industry. Unipod manufactures Expanded Polystyrene waffle pods which are used to build

Australian Universities to share $5.7m in grant funding to develop game-changing defence capabilities

May 29, 2017 • NewsComments (0)

22 Australian Universities will share $5.7 million in grant funding to develop groundbreaking defence capabilities and grow Australia’s defence industry and innovation sector. The research will focus on developing defence capabilities in areas such as

Construction begins on Forgacs’ $80m shipbuilding facility in WA

May 26, 2017 • NewsComments (0)

Construction has commenced on Forgacs’ state-of-the-art ship manufacturing and maintenance facility in Henderson, Western Australia, which will allow the company to add 1000 workers to its Henderson operations ahead of upcoming shipbuilding projects. Once

Ansell sells its condom business for A$800m

May 26, 2017 • NewsComments (0)

Ansell has agreed to sell its Sexual Wellness (SW) division to a Chinese investor group consisting of Humanwell Healthcare and the giant conglomerate CITIC. The transaction – valued at approximately A$800 million – includes all of the company’s condom,