Defence, space and communications company Electro Optic Systems has been awarded a second contract to further develop its SpaceLink satellite communication system with the US military. EOS subsidiary SpaceLink announced it was selected by the Defense Advanced Research Projects Agency (DARPA) Strategic Technology Office (STO) for the new contract award. SpaceLink will participate in the…
Cement and lime manufacturer Adbri’s first half, 2022 profit result reflects the underlying strength of the construction sector and the recovery underway in the mining industry, as well as the ability of companies to recover some of recent cost increases from customers through higher prices. The company, formerly Adelaide Brighton, reported underlying net profit after…
The federal government has opened consultations to update the 2021 ‘List of Critical Technologies in the National Interest’. Industry minister Ed Husic announced the consultations, saying the government was putting Australia at the forefront of critical technologies, seeking ways to best harness and manage these in our national interest. The 2021 list featured 63 technologies…
By Peter Roberts An electric Bushmaster protected mobility vehicle turned up at the Army Robotics Expo in Adelaide earlier this month, wowing the crowd with the futuristic version of the redoubtable Thales Australian manufactured armoured vehicle. But the story of how the Bushmaster, recently one of Australia’s gifts to help Ukraine repel the Russian invasion,…
International Graphite has completed installation of pilot scale graphite micronising and spheroidising equipment at its Collie downstream processing facility, 200 kilometres south of Perth. The company told investors that the pilot facilities are now ready for commissioning at Collie, the former centre of lignite mining in WA. The equipment installation marks a critical step in…
South Australian defence company, Asension has received a $4.35 million contract to deliver a space-based tactical sensor system for use by the defence department. Asension, formerly known as DEWC Systems, was awarded the contract through the Defence Innovation Hub. Defence industry minister Pat Conroy visited Asension’s headquarters in Adelaide on Thursday, and said said sovereign,…
By Peter Roberts A week or so from now, 30 years ago a young warrior for manufacturing industry Dr Roy Green had this article (pictured) printed in the Canberra Times outlining the case for a national industry policy. Australia was then just emerging from a ‘sheltered workshop’ era of manufacturing as the then Labor government…
Defence radio and metal detection manufacturer Codan has delivered a record underlying profit of $100.5 million in the latest year, a three percent rise on FY21. This was achieved on sales up 16 percent to $506 million, partly reflecting the first year of the acquisition of the DTC and Zetron communications businesses. CEO Alf Ianniello…
Waste handling group Cleanaway has experienced strong growth following its partially failed $2.5 billion takeover of the Australian operations of the Suez company. While the takeover did not go ahead, Cleanaway emerged with ownership of Suez’s Sydney Resource Network assets, which have been integrated into the business helping boost net revenue in the latest year…
Cochlear may have grown its sales from the depths of a Covid-19 slump in sales and surgeries to reach a new record level in FY 22, but the company has not returned to what it was before the pandemic. The maker of Cochlear implants reported sales revenue grew 10 per cent in the year to…