FBR secures up to $20M funding to advance robotics commercialisation
FBR Limited has announced it has secured access to up to AUD 20 million in funding over the next three years through a Share Subscription Facility (SSF) agreement with GEM Global Yield LLC SCS, aimed at supporting the company’s commercialisation and growth strategy.
Ai Group warns manufacturing left behind in economic recovery
Manufacturing is continuing to lag behind other industrial sectors in Australia’s economic recovery, according to the latest findings from the Australian Industry Group (Ai Group).
Fortude’s Fortest to streamline manufacturing ERP processes at HamiltonJet
HamiltonJet has partnered with global digital solutions provider Fortude to implement Fortest, an automated regression testing tool, as part of its ongoing digital transformation and shift to the Infor M3 enterprise resource planning (ERP) system.
Alcoa, Japanese partners explore gallium production in Western Australia
Alcoa of Australia Limited, a wholly owned subsidiary of Alcoa Corporation, has announced a Joint Development Agreement with Japan Australia Gallium Associates Pty Ltd to explore the feasibility of gallium production at one of its alumina refineries in Western Australia.
Gov’t funding boosts Nyrstar’s plans for critical metals production in Australia
Nyrstar has secured $135 million in transitionary funding from the Australian, South Australian and Tasmanian governments to support its critical metals processing operations in Port Pirie and Hobart.
Manufacturers under pressure as gas prices soar, Weld Australia warns
Weld Australia has called on both federal and state governments to urgently address the impact of east coast gas exports on domestic energy prices, warning that manufacturers are reaching a breaking point.
Darwin manufacturer invests in laser tech to support remote housing project
Darwin-based welding and fabrication company Darwin Sheet Metal and Laser Cutting (DSM) is spearheading a $4.16 million project to boost manufacturing capabilities in the Northern Territory and contribute to remote housing needs, with support from the Advanced Manufacturing Growth Centre (AMGC).
Australian gov’t approves strategic shipbuilding deal with Austal
The Australian Government has approved a Strategic Shipbuilding Agreement (SSA) with Austal Limited, formally appointing the company’s new subsidiary, Austal Defence Shipbuilding Australia, as the Commonwealth’s strategic shipbuilder for Tier 2 surface combatants based at Henderson, Western Australia.
$60M in R&D funding available for next-generation solar projects
The Australian Renewable Energy Agency (ARENA) has launched a new $60 million funding round aimed at driving innovation in solar energy and helping reduce the cost of utility-scale solar photovoltaic (PV) systems to ultra low-cost levels.
EOS lands multi-year defence contract for advanced laser weapon
Electro Optic Systems Holdings Limited has secured an export order for its newly developed 100-kilowatt high-power laser weapon system, designed for counter-drone warfare.
Featured Article
How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
