Matrix wins contract to manufacture drilling riser buoyancy modules for TransOcean
Matrix Composites & Engineering has received a contract, projected to be valued at $4 million, to supply offshore drilling contractor TransOcean with drilling riser buoyancy modules.
Stratasys and Desktop Metal to merge in deal valued at USD 1.8b
Additive manufacturing companies Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around USD 1.8 billion (AUD 2.77 billion).
Fonterra raises earnings forecast, announces lower prices for next season
New Zealand dairy giant Fonterra raised its fiscal 2023 earnings forecast today amid ongoing strong margins in protein and cheese portfolio and said it expects to pay a lower price for milk to its farmers next season.
ClearVue bags $2m gov’t grant to manufacture key components
Smart building materials company ClearVue Technologies is set to receive a $2 million grant through Western Australia’s Investment Attraction Fund to advance its manufacturing operations.
SmarTech: Dental 3D printing market revenue expected to reach $9.7b in 2031
A recent report from SmarTech Analysis revealed that the global dental 3D printing industry is expected to grow from $4 billion in 2022 to slightly over $9.7 billion by 2031, accounting for nearly one-third of the overall additive manufacturing (AM) market.
ClearVue Technologies appoints Martin Deil as CEO
Smart building materials company ClearVue Technologies has tapped Martin Deil as its Chief Executive Officer as the company looks to expand its global footprint with a focus on the US and European markets.
ASX biotech firm Noxopharm unveils anti-inflammatory skin disease drug
Australian biotech company Noxopharm Limited unveiled today its new preclinical product candidate from its Sofra technology platform that has shown effectiveness against inflammatory skin disease in preclinical models
Anteris awarded utility patent for novel transcatheter heart valve replacement
Australian biotechnology company Anteris Technologies announced that the US Patent and Trademark Office has issued another utility patent for its novel DurAVR transcatheter heart valve (THV).
Ampcontrol buys Androck to support industry decarbonisation
Australian electrical engineering company Ampcontrol has acquired Hunter-based Androck Engineering & Mining to expand renewable energy manufacturing and boost the low-carbon economy transition.
Markforged reveals 10% increase in revenue amid strong manufacturing resiliency
American additive manufacturing company Markforged has reported that its first quarter results revenue increased by 10 per cent, to $24.1 million (AUD 36 million) from $21.9 million (AUD 32.7 million) in the same period of the prior year.
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Driving the future of smart energy: GridBeyond and ABB unveil new white paper on battery storage innovation
As industries adopt cleaner, more intelligent energy solutions, the ability to manage, store, and trade energy efficiently is increasingly vital to sustaining a competitive edge.
