Wearable biosensor-based diagnostics company Nutromics has raised $7.5 million in an “acceleration round” led by an unnamed Australian life sciences investor. In a statement on Tuesday, Nutromics said the funds brought the total amount of investment in the company to $60 million, as it progresses commercialisation of its lab-on-a-patch platform, integrating “DNA-based biosensors with microneedles…
Queensland Manufacturing Month, an initiative that began in 2023, will again feature events held around the state over September. According to a statement from the Queensland government on Monday, the program includes regional networking events to connect local manufacturers, Women in Manufacturing breakfasts in Moreton Bay, Cairns, Gladstone, Rockhampton and Mackay, and other events promoting “innovation…
Bunbury-based RCR Advanced Technologies, which serves the defence, rail, infrastructure and renewables markets, has been awarded a $2,047,900 grant through the state government’s Wind Energy Manufacturing Co-Investment Program. The project support will help RCR’s move to pilot production of transition flanges for wind turbines. These are described as connecting the turbine tower to the foundation…
Engineering company Downer, which is leading delivery of the Queensland Train Manufacturing Program (QTMP), has made “major construction milestones” with its Torbanlea factory build. In a statement on Monday, Downer said wall cladding was nearing completion and installation of specialist equipment is underway, as is a large-scale recruitment campaign ahead of the manufacture of 65…
Applications have opened for the NSW government’s Minimum Viable Product (MVP) Ventures Program, which offers grants between $20,000 to $75,000 to companies to help progress a product “along the Technology Readiness Level (TRL) scale between 3 and 9”. According to a statement on Monday, the program was recently revamped following a review by former Tech…
Condoblin, Central West NSW-based aluminium outdoor furniture maker Felton Industries has released a new range of sheltered grandstand seating, which the company says is engineered for all weather conditions and offers seating capacity for up to 60 people. According to a statement from Felton on Monday, the Sunsafe Select and Sunsafe Comfort sheltered grandstands range…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) NSW food and beverage makers get gov funding boost NSW Riverina food and beverage makers have had a funding injection from the Minns state government to upgrade their facilities. Australian Juice Processing and Bottling has received $2.5 million for a…
The Australian sugar manufacturing sector has grown steadily over the last five years to be worth approximately $3.9 billion, according to new figures from IBISWorld. The market research firm’s Sugar Manufacturing in Australia – Market Research Report (2015-2030) finds that the Queensland-dominated industry achieved a compound annual growth rate of 2.3 per cent over the…
Food and beverage company Maggie Beer Holdings has reported a $24.3 million statutory loss for the last financial year, though said its turnaround strategy has been implemented and the company is “well positioned for a positive first half in FY26”. The results were shared with the ASX on Friday, with group sales up $2.7 million…
The NSW government has announced a new Renewable Energy Skills Legacy Program, which it says will benefit regional workers and students in the Central-West Orana Renewable Energy Zone (REZ.) According to a statement on Friday, the $2.9 million program will provide “training, jobs and inclusive opportunities” by delivering training, apprenticeships and career pathways related to…