Wednesday, May 22, 2024

L3Harris Technologies sells Military Training business, Combat Propulsion Systems businesses for $1.4bn

L3Harris Technologies has signed inked two separate agreements to sell its Military Training business to high technology company CAE and its Combat Propulsion Systems...

Applications open for WA’s Innovators of the Year 2024

Western Australian innovators are now encouraged to submit their applications for the Innovators of the Year 2024 competition.

CRA Head Jane O’Dwyer welcomes federal investment in Australia’s research capabilities

Cooperative Research Australia (CRA) CEO Jane O’Dwyer has commended the $392 million Federal Budget allocation for the Industry Growth Program, calling it a welcome addition to the support mechanisms aimed at fostering Australia’s research capabilities. 

Global experts to explore latest hydrogen production tech at upcoming forum

Over 70 experts from around the world are set to convene at a virtual international forum held by the University of Adelaide from 12 to 15 September to discuss the latest and emerging hydrogen production technologies. 

Mobilicom’s Q1 update shows $1.2m new orders for Tier-1 drone manufacturers

Drone manufacturer Mobilicom has continued to fulfil existing contracts and advance potential sales of its mobile ground control system with AUD 1.2 million new orders in Q1 FY23 from over 50 per cent of Tier-1 drone manufacturers.

Gov’t teams up with Tasmanian defence manufacturers in Korea for trade mission initiative

The Tasmanian Liberal Government said it has partnered with top-tier Tasmanian defence sector manufacturers in the Republic of Korea in an effort to boost the state’s business opportunities and markets. 

Spiral Blue launches proprietary AI algorithms in space

Spiral Blue, a Sydney-based space company that manufactures edge computers for satellites, announced what it claims as a major breakthrough in the field of space-based Earth observation that it said will open up new horizons for AI-powered advancements in monitoring and understanding our planet.

UK manufacturers lessen growth forecast amid economic uncertainties

UK manufacturers have cut back on their growth expectations in factory output for 2023, citing huge uncertainty surrounding demand and energy prices.  Published today, the...

WA achieves 125,000 new jobs two years ahead of schedule

The Cook Labor Government has met its electoral promise of creating 125,000 new jobs well ahead of schedule, as reflected in today's Australian Bureau of Statistics labour force figures, with 133,532 jobs created since the target was established in 2021.

Austal Philippines launches second high-speed trimaran ferry for Fred. Olsen Express

Austal Philippines has successfully launched Bañaderos Express, the second of two ‘Auto Express 118’ high-speed trimaran ferries ordered by Fred. Olsen Express of the...
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Manufacturers are responding to the low-growth environment by focusing on digitisation, ESG and portfolio reshaping, transforming into more digital, resilient, and sustainable organisations.