Adelaide’s metal 3D printing pioneers AML3D are taking their Aussie-made tech expertise to British shores, securing an $830,000 contract with defence giant BAE Systems. In an announcement released to the ASX on Tuesday, AML3D revealed it will source 8.5 tonnes of Nickel Aluminium Bronze wire feedstock for BAE as part of a material feasibility program—enough…
South Australia’s space industry took a significant leap forward with the successful integration of Myriota’s Internet of Things (IoT) payload on the Kanyini satellite, according to an announcement released on Sunday. Adelaide-based companies Myriota and Inovor Technologies have collaborated on Kanyini, South Australia’s first state-funded satellite, which now orbits more than 500 kilometres above Earth.…
Sunshine Coast, Moreton Bay commit to defence industry Moreton Bay region industry representatives have signed up to an agreement on sovereign defence priorities. An industry-led communique was signed at a Sunshine Coast event last month, led by representatives from Regional Development Australia Moreton Bay and Sunshine Coast (RDAMBSC), Australian Industry and Defence Network, Manufacturing Excellence…
Prime minister Anthony Albanese has committed $24 million to help modernise the historic Boyer Paper Mill, north-west of Hobart, the nation’s last producer of newsprint and communication paper. A statement from the Australian Forest Products Association describes the assistance as helping the mill transition its boiler infrastructure power “from coal to electricity along with other…
A new quantum research initiative led by the Defence Science and Technology Group aims to protect Australian military operations when GPS is compromised, according to a statement released by Defence on Monday. The project, funded by the Australian Army, will focus on developing a ground-to-satellite optical quantum link to enable secure and precise time synchronisation…
Reproductive technology company Memphasys came out of a trading halt on Monday morning, telling investors that it has received binding commitments to raise $1.275 million through a strategic placement. In a statement to the ASX, Memphasys said the commitments were from new and existing shareholders, amounting to 212,500,000 ordinary shares at $0.006 per share. Participants…
Australian medicinal cannabis producer ECS Botanics is taking its expansion plans global after securing a significant funding boost from one of Australia’s biggest banks. The Victorian-based cultivator announced on Monday it had increased its National Australia Bank loan facility by $2 million to a total of $5.2 million, while also securing an additional $400,000 for…
Heidelberg Materials Australia announced on Monday it has entered into a conditional purchase agreement to acquire Midway Concrete, expanding its presence in the Melbourne and Geelong markets. Midway Concrete operates four plants in Laverton, Craigieburn, Melton and Lara, and has built a reputation for quality products and customer service over its 23-year history. Phil Schacht,…
Solar and hydro thermal energy startup RayGen Resources has announced the close of a Series D funding round worth $127 million, led by a follow-on investment from US oil and gas services company SLB. In a statement on Thursday, the company said the $31 million investment from SLB was in addition with the execution of…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Fonterra plans $1.7m refurbishment of Tasmanian cheese tower Global dairy company Fonterra has plans to upgrade the cheddaring tower, as its Wynyard, Tasmania cheese factory. It lodged a development application to refurbish and remediate the tower, boosting its height to 21 metres,…