DroneShield launches new DroneLocator firmware for Remote ID detection
Counter-UAS solutions manufacturer DroneShield has rolled out a major firmware update for its global fleet of counter-drone devices.
XTEK expects record revenue of $88m in upgraded FY23 forecast
Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million.
3D Systems sets forth an enhanced proposal to merge with Stratasys
3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock.
Quantum tech company Q-CTRL begins work on new global HQ in Sydney
Quantum technologies developer Q-CTRL has begun the construction of a new global headquarters in Sydney that will accommodate its growing team and drive innovation in the industry.
Australian company Sicona buys patents for advanced battery materials
Australian company Sicona Battery Technologies has secured a series of international patents and patent families to further position it towards becoming a global battery materials manufacturer.
VEEM secures new Singapore shipbuilding client, to supply gyrostabilisers for vessels
Australian marine systems manufacturer VEEM Limited has executed an agreement with Singapore-based Strategic Marine for the latter to employ small and medium size VEEM gyrostabilisers exclusively on the vessels it builds.
Gilmour Space, UQ take part in SoMAC CRC’s first Australian space research initiative
The Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) has initiated its first research partnership with Gilmour Space Technologies and the University of Queensland (UQ) which might result in the creation of a low-cost solution for safeguarding space launch vehicles and spacecraft from intense heat and pressure.
MITS Alloy unveils new initiatives to revolutionise manufacturing capabilities in 2023
MITS Alloy announced a number of initiatives to strengthen its manufacturing capabilities in order to expand its global footprint and customer reach, including the transition to a new manufacturing facility and the development of its distribution partner platform in the United States, South America, and Indonesia.
EOS officially opens new lightweight R150 production line
Defence and space company Electro Optic Systems (EOS) has opened its new R150 Remote Weapon System (RWS) production line at its manufacturing facility in...
Yeast dust enables cheap and fast virus detection test – UQ researchers
Researchers from the Australian Institute for Bioengineering and Nanotechnology (AIBN) at the University of Queensland have developed powdery "nanoprobes" from baker's yeast that may one day be used to quickly and cheaply identify viruses in an environment.
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.
