Tag: National Reconstruction Fund Corporation

Southern Launch has secured $25 million in Series A funding to expand its spaceport infrastructure, increase its workforce and grow launch, re-entry and range services, with the company saying the investment will strengthen Australia's manufacturing and sovereign space capabilities.

Manufacturing investment opportunities in Melbourne’s south east were the focus of a joint industry event hosted by the Greater South East Melbourne council alliance (GSEM) and the National Reconstruction Fund Corporation (NRFC), as stakeholders discussed ways to expand Australia’s domestic manufacturing base and strengthen economic resilience.

The National Reconstruction Fund Corporation has committed $75 million in equity funding to Alpha HPA, supporting the expansion of advanced manufacturing of high purity alumina at the company’s Gladstone operation in Central Queensland.

The National Reconstruction Fund Corporation (NRFC) is investing $35 million in Morse Micro, providing support for the semiconductor manufacturer and Australia’s broader manufacturing industry.

The $15 billion National Reconstruction Fund, Australia’s flagship manufacturing initiative, is moving forward with the appointment of Ivan Power as its inaugural CEO.

Glenn Thompson, the assistant national secretary of the Australian Manufacturing Union since 2003, has been appointed as a member of the National Reconstruction Fund Corporation Board.