Tag: industry
Nano Dimension expands additive manufacturing portfolio with Markforged acquisition
Nano Dimension and Markforged Holding Corporation have entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Markforged in an all-cash transaction valued at $5.00 per share.
Challenges ahead for Australia’s sheet metal product manufacturers, says report
The Sheet Metal Product Manufacturing industry in Australia has faced challenges over the past five years, driven by fluctuating demand across various market segments, according to a recent report by IBISWorld.
BlueScope posts $805.7M NPAT for FY2024 amid industry challenges
BlueScope has reported a net profit after tax (NPAT) of $805.7 million for FY2024, marking a $203.5 million decline from FY2023.
NSW’s $2.3M funding initiative targets manufacturing sector expansion
The NSW Government’s strategy to revitalise the state’s manufacturing industry receives a significant boost with a $2.3 million funding injection for the Industry Capability Network (ICN).
Update on National EV Strategy boosts local manufacturing
The National Electric Vehicle Strategy (the Strategy) update for 2023-24 has been released, showcasing a period of rapid evolution in Australia’s electric vehicle (EV) landscape.
iLAuNCH Accelerator to fast-track seed funding for space industry innovations
The Australian space industry has received a significant boost as the iLAuNCH Trailblazer program announced an additional $1 million in funding to accelerate university research towards commercialisation.
MSQ launches $5M plan to strengthen Queensland manufacturing
Manufacturing Skills Queensland (MSQ) has unveiled its 2024-25 Annual Training Plan, backed by a substantial $5.06 million investment from the state government.
Nano Dimension drives digital manufacturing with Desktop Metal acquisition
Nano Dimension and Desktop Metal announced a definitive agreement in which Nano Dimension will acquire all outstanding shares of Desktop Metal for $5.50 per share in an all-cash transaction, potentially adjusting to $4.07 per share.
Defence Trailblazer launches $12M program to boost defence capabilities
Defence Trailblazer announced the launch of its new Accelerating Sovereign Industrial Capabilities (ASIC) grant funding program, aimed at supporting industry efforts to enhance capabilities aligned with Defence’s new sovereign industrial priorities.
WA medtech companies set to pitch at premier industry event
Eleven Western Australian organisations are gearing up to showcase their innovative medical devices and services at the AusMedtech 2024 conference.
Featured Article
Unlocking growth: Charting midsize manufacturers’ path with digital solutions
According to a recent study by Oxford Economics, midsized companies in the industrial manufacturing sector are setting their eyes on ambitious growth targets. The research, authored in partnership with SAP, revealed that 38% of industry leaders have identified market expansion as their top priority.
