Titomic secures sales of new D623 system to Germany, Spain
Titomic has received two purchase orders for its newly launched Titomic D623 medium-pressure cold spray system, for a total of $270,000.
DroneShield receives backing from US tech firm Epirus
ASX-listed tech provider DroneShield has received a $3.7 million investment from Epirus through a placement of 18,500,000 fully paid ordinary shares in DroneShield.
New Zealand’s PMI contracts to 49.3 points in October
The New Zealand manufacturing industry’s market activity slipped into contraction territory in October.
Graphene Manufacturing to raise $5 million in ‘bought deal’
Graphen Manufacturing Group (GMG) has agreed to sell 1,819,000 units of its shares in a $5 million “bought deal.”
Altech Chemicals showcases new CERENERGY ABS60 battery pack
ASX-listed battery manufacturer Altech Chemicals has unveiled its CERENERGY Sodium Alumina Solid State 60 kWh battery pack, ABS60.
Quickstep to manufacture F-35 components for Northrop Grumman
Northrop Grumman has signed a six-year contract with Quickstep Holdings for the delivery of Australian-made components for the F-35 aerospace program.
Orbital kickstarts UAS engine delivery for Australian Army contract
Orbital UAV has begun the delivery of engine builds for Insitu Pacific’s next-generation tactical UAS for the Australian Army.
European manufacturing slips to record lows in October
The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020.
US manufacturing records slowest expansion pace in October
The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results.
Titomic awarded CoBRAIN grant for automated cold spray applications
Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative.
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