Tech billionaire Mike Cannon-Brookes has prevailed over mining tycoon Andrew Forrest in their battle to control the future direction of the ambitious Sun Cable renewable electricity in the Northern Territory. The two originally shared the same vision for the $30 billion project – the largest investment in revewable energy in the world. It was to…
AUKUS representatives from Australia, the United Kingdom and United States have observed the successful demonstration of Artificial Intelligence (AI) and Autonomy at the Upavon Airfield in the UK – the first major joint test under the AUKUS pact The technologies, part of the Advanced Capabilities pillar (Pillar II) of the AUKUS pact, were jointly developed…
In the final part in our two week editorial series – Celebrating Australian Made – we profile two venerable agricultural Australian manufacturing brands – Horwood Bagshaw and K-Line Ag. By Nicholas Way.. They might now be part of an international conglomerate, but agricultural machinery manufacturers, Horwood Bagshaw and K-line Ag, remain integral ingredients of the…
The Executive Chairman of steelmaker GFG Alliance Sanjeev Gupta has urged Australia to forgo the export of green hydrogen in favour of making green iron and steel onshore. The owner of the Whyalla steelworks and distributor Infrabuild told the Australian Hydrogen Conference in Brisbane that Australia had a generational opportunity to lead the global race…
he Australian Renewable Energy Agency (ARENA) has announced $20 million in funding to Stanwell Corporation to support a front-end engineering and design (FEED) study for a large-scale renewable hydrogen project in Gladstone, Queensland. The $117 million project will finalise the development stage of the Central Queensland Hydrogen (CQ-H2) Project, which will initially involve the installation…
Metal additive manufacturing company SPEE3D has broken into the field of sustainment of US Navy submarines, announcing that the USN had chosen its technology to develop materials as a part of a Naval Sea Systems Command (NAVSEA) project. The project is related to Expeditionary Maintenance and Sustainment that achieves Submarine Safety Program (SUBSAFE) quality standards.…
Founder and CEO of Savic Motorcycles Dennis Savic has said he couldn’t be happier with his company’s capital raise that closed late last night having raised $1,224,049. The Melbourne company was aiming to raise between $500,000 and $2 million, with shares priced at 23 cents a share. Savic raised the cash to fund commercialisation of…
The integration of the complex combat systems on the Royal Australian Navy’s existing guided missile destroyers and Hunter class frigates will be done in Australia, following an agreement between three of the country’s largest defence companies and the Department of Defence. BAE Systems Australia, Lockheed Martin Australia, Saab Australia and Defence have signed a Combat…
Building-integrated photovoltaics company ClearVue Technologies has been awarded a $2 million grant from the Western Australian government to bring manufacturing of its core components onshore. The company will establish a WA-based photovoltaic (PV) and nanoparticle components manufacturing facility. Onshoring will mitigate supply chain risks in line with the company’s global strategy, while benefitting the economy,…
Luxury and premium wine maker Treasury Wine Estates is again taking the microscope to its operations and plethora of wine brands seeking efficiencies and potentially selling off more wine brands. The company has been undergoing a process of what it calls premiumisation since the shock of the imposition of import tariffs by China on its…