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Report: Additive manufacturing industry sees growth, revenues to hit $25b by 2025

The additive manufacturing (AM) market is predicted to grow at a rapid pace, by roughly 23 per cent, to $13.5 billion (AUD 20.2 billion) in 2022, and is projected to be worth $25 billion (AUD 37 billion) by 2025, based on the most recent market statistics by SmarTech Analysis.

Queensland’s Ferra Engineering to expand Indian presence with new partnership

Ferra Engineering has signed a partnership agreement with Indian precision engineering company Dynamatic Technologies to enhance scale and capabilities in strategic aerospace manufacturing. 

Hypersonix tapped by key US defence accelerator for test vehicle

Australian aerospace startup Hypersonix Launch Systems has been drafted into the US Defense Innovation Unit’s accelerator program after being chosen to provide hypersonic vehicles for testing.

UIUC engineers bring composite additive manufacturing tech to campus

The University of Illinois Urbana-Champaign has added a new additive manufacturing machine by Continuous Composites to its campus in an effort to print large and lightweight structural composites like those used in aerospace structures.

Global 3D printing high-performance plastic market expected to grow at 8.5% CAGR by 2029

The market for high-performance plastics used in 3D printing is expected to expand significantly between 2023 and 2029, with a compound annual growth rate (CAGR) of 8.45 per cent, reaching a value of USD 184.5 million by that year, according to market research firm BlueWeave Consulting.

Gov’t teams up with Tasmanian defence manufacturers in Korea for trade mission initiative

The Tasmanian Liberal Government said it has partnered with top-tier Tasmanian defence sector manufacturers in the Republic of Korea in an effort to boost the state’s business opportunities and markets. 

Nupress to use SPEE3D technology to deliver amphibian aerospace applications

Advanced technology manufacturer SPEE3D has partnered with New South Wales-based Nupress to evaluate and supply applications to the Amphibious Aircraft project with a production service that grants local manufacturers access to the WarpSPEE3D metal 3D printer.

ETU welcomes new Qantas engineering academy to address aviation skills gap, calls for manufacturing...

Australia's national airline Qantas announced the opening of a new engineering academy to address a skills gap and prepare aviation engineers for highly specialised positions, as announced by the Electrical Trades Union. 

GA-ASI, Conflux ink agreement to advance additive manufacturing capability

General Atomics Aeronautical Systems, Inc. (GA-ASI) and Victoria-based Conflux Technology have signed a new Memorandum of Understanding (MOU) to strengthen their additive manufacturing expertise in building flight-qualified Fuel Oil Heat Exchangers (FOHE).

Australian manufacturers tapped to supply AH-64E Apache components

Boeing is hiring Australian companies to provide components for the manufacturing of AH-64E Apaches, including 29 units that will be added to Australia’s future fleet. 
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