Monday, May 27, 2024

Orbital UAV to complete UAV engine project for Singapore customer

Australian drone manufacturer Orbital UAV said it secured a $2 million contract with a major Singapore customer to continue and complete a multi-fuel unmanned aerial vehicle (UAV) engine program. 

Austal delivers strong revenue results with long-term programs growth

Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.

Sparc on track for initial commercial production with ecosparc commission

Sparc Technologies has commissioned its graphene additive product, ecosparc, at its commercial production facility in Adelaide, South Australia.
The new state-of-the-art plasma beamline cutting steel tube and beams

BlueScope announces $851m EBIT for FY2023’s first half

ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023. 

UK car production slumps, while EV manufacturing surges in 2022

The latest result rounds off a volatile year for UK car production, with output down by 17.9 per cent in the month after growth in October and November, with most of the year’s volume loss occurring in the first half. 

Quickstep to provide composite aerostructures for Carbonix’s long-range drone production

Quickstep, Australia’s largest independent aerospace composite company, has secured a $2.34 million contract with Carbonix for the production and supply of composite aerostructures for Carbonix’s latest long-range drone. 

Orora delivers 14.6% EBIT growth and 28.2% earnings per share growth

Media Release by Orora Financial highlights for the year ended 30 June 2022 Sales revenue of $4,090.8 million, up 15.6% (up 13.0% on a constant...

Tritium achieves record first-half revenue, secures $75M in financing

Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has released its first-half calendar year and full fiscal year results, reporting record revenue of $112 million for the first half of 2023, marking a remarkable year-over-year increase of over 286 per cent. 

Titomic’s glass mould coating system clears European site acceptance test

Additive manufacturing company Titomic Limited said its glass mould coating system delivered to Vetropack in Austria has passed TUV Austria’s site acceptance test. 

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. 
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