March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
XTEK hits record high of $48.5m in H1 FY23
Defence industry company XTEK has delivered a record half-year revenue of $48.5 million as it maintained its sharp focus on core capabilities and the implementation of its strategic plan, the company said in its recent results investor update.Â
Orbital UAV to raise $4M to boost engine development programs
Orbital UAV is raising $4 million through the issue of approximately 28.6 million new fully paid ordinary shares at an issue price of $0.14 per new share to support its existing engine development programs.Â
US manufacturing sees expansion in July, says Feds
The US manufacturing industry has shown growth beyond initial projections in July, according to a Reuters report citing the US Federal Reserve.Â
The Federal Reserve...
DroneShield unveils new DroneGun Mk4 in response to user feedback
DroneShield has introduced a game-changing new product, DroneGun Mk4TM, following considerable development in response to end-user input, the company announced in a press release.Â
ASX biotech firm Noxopharm’s new mRNA enhancer to make vaccines safer
Australian biotech company Noxopharm Limited unveiled today the development of a new mRNA vaccine enhancer that will make mRNA vaccines safer by reducing inflammation associated with mRNA vaccines.Â
PPK Group’s material interest acquisition with PowerPlus Energy now unconditional
Technology investor PPK Group Limited said its agreement to purchase a 33 per cent interest in Victoria-based storage battery manufacturer PowerPlus Energy is now unconditional.Â
Tech company EPE and Shield AI deliver leading Nova 2 drone to ANZ Markets
Australian defence technology manufacturer EPE and US-based company Shield AI are launching their indoor drone into the Australian and New Zealand markets. The system...
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.Â
Boss Energy concludes oversubscribed share purchase plan
Australian uranium company Boss Energy has announced the completion of an oversubscribed share purchase plan (SPP) with $29.6 million of applications.Â
Featured Article
What spending reveals about downstream consumer demand for manufactured goods
For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.
