Packserv – creating the new for the future

In the fourth profile in our campaign to identify and celebrate Australia’s 50 Most Innovative Manufacturers, we look at packaging machinery manufacturer Packserv. Peter Roberts spoke to Managing Director Nathan Wardell. For Nathan Wardell, Managing Director of packaging machinery manufacturer Packserv, innovation in business runs in the family. Nathan’s father, and grandfather before him all…

AICRAFT – from research to innovation for the customer

In the third profile in our campaign to identify and celebrate Australia’s 50 Most Innovative Manufacturers, we look at edge computing manufacturer Aicraft. Peter Roberts spoke to owner Dr Tony Scoleri. Australian innovation needs a lot more people like Dr Tony Scoleri, CEO of Adelaide edge computing developer and manufacturer Aicraft. Scoleri did his PhD…

Airspeed test flies supersonic target prototype

Aerospace composite manufacturer Airspeed has successfully completed its first captive carry flight test of a supersonic target prototype onboard its Marchetti S211 R&D platform (pictured). The company, based at Mawson Lakes, Adelaide recently celebrated the project milestone, in a major step towards strengthening Australia’s sovereign aerospace capability. The customised prototype – known as Irukandji –…

South Australia to hit 100% wind, solar powered

The federal government has announced Australia’s biggest ever round of investment in renewables, approving 19 projects across New South Wales, Queensland, Victoria, and South Australia mostly due to be operational by 2028. The projects backed under the government’s Capacity Investment Scheme also will make history, with South Australia becoming the first large-scale electrical grid in…

Lepidico the latest victim of lithium glut

Lithium chemicals manufacturer Lepidico Limited has become the latest victim of the worldwide glut in lithium supply, with KordaMentha appointed as administrators. The board of directors of Lepidico appointed Richard Tucker and Paul Pracilio of KordaMentha as Voluntary Administrators of Lepidico Limited, Lepidico Holdings Pty Ltd, Bright Minz Pty Ltd, Li-Technology Pty Ltd, Mica Exploration…

Mesoblast drug gets approval from FDA, but shares drop

Pharmaceutical developer Mesoblast’s Revascor (rexlemestrocel-L) drug for children with hypoplastic left heart syndrome (HLHS) has been granted Regenerative Medicine Advanced Therapy designation by the US Food and Drug Administration (FDA). Earlier this year FDA granted REVASCOR both Rare Pediatric Disease Designation (RPDD) and Orphan-Drug Designation (ODD) for congenital heart disease, acknoeledging that the disrase is…

Alpha HPA progresses aluminium chemicals plans, plans Canadian facility

Aluminium chemicals company Alpha HPA is in production of battery metals precursor materials at its stage 1 plant at Gladstone, Queensland and construction of the company’s Stage 2 commercial plant is well underway, according to an investor update. Now the company producing aluminium materials for high tech industry has turned its attention to the development…

Troubled Whyalla steelworks to restart within a week – Koutsantonis

The South Australian Minister for Infrastructure and Transport, and Minister for Energy and Mining Tom Koutsantonis has held an ‘urgent meeting’ with operators of the troubled Whyalla steelworks, emerging confident that the blast furnace would be up and running within a week. However Koutsantonis has ‘grave concerns’ about unpaid bills, according to media reports, with…