Tuesday, December 9, 2025

3D Systems sets forth an enhanced proposal to merge with Stratasys

3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock. 

Quickstep collaborative project to reduce composite production cost

Aerospace composite manufacturer Quickstep has collaborated with the Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) and Deakin University’s Institute for Intelligent Systems Research and Innovation to help address the high cost of large-scale composite production. 

Jervois submits loan application under US DOE manufacturing initiative

Australian cobalt company Jervois Global Limited has submitted an application to the United States Department of Energy (DOE) Loan Program Office to finance its proposed greenfield US cobalt refinery. 

Australia’s manufacturing sector contracts for seventh month despite export gains – Judo Bank

Australia's manufacturing sector remained under pressure midway through the third quarter of 2024, with the latest Purchasing Manager’s Index (PMI) data from Judo Bank indicating ongoing deterioration in sector conditions. 

Austin Engineering announces financial report for FY2022

ASX-listed global engineering firm Austin Engineering has reported a 525 per cent growth in net profit after tax (NPAT) in its 2022 financial report.  Austin...

AM market exceeds $3B revenue in Q3 2022

The additive manufacturing market has seen a continuous year-over-year growth for the third quarter of 2022, marking the fourth consecutive quarter that the entire AM industry saw revenue exceeding $3 billion. 

Tritium unveils $57 million record revenue in year-to-date report

Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has generated $57 million in revenue from 1 January 2023 to 30 April 2023, reflecting a year-over-year growth rate of 237 per cent from last year’s $17 million profit. 

DroneShield secures another $11m government order for counter-drone system

ASX-listed DroneShield said a government agency customer has made an $11 million purchase order for its counter-drone/counter-unmanned aircraft systems (UAS) equipment

Australian cake and pastry manufacturers face competitive, consumer shifts – report

The Cake and Pastry Manufacturing industry in Australia is experiencing significant shifts due to evolving consumer preferences, volatile commodity prices, and intense competition, according to a recent report published by IBISWorld.

Building materials leader CSR agrees to buy Woven Image to scale market offering

Australian building products company CSR Limited has agreed to acquire Woven Image, a leading company in sustainable design-led acoustic finishes and textiles for $43 million. 
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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.