Vaulta powers up in battery recycling

Brisbane battery technology company Vaulta has received its first international investment as its aim to close the loop on a circular economy through recyclable batteries goes global. Vaulta, a three-year-old company founded by design engineer Dominic Spooner, creates recyclable batteries from no-weld, easy-to-disassemble cases. These cases allow for internal cells to be removed, recycled and…

Kinoxis snares $266 million for psychiatric drug

University of Sydney spin out company Kinoxis Therapeutics has turned R&D into novel therapeutics for social dysfunction and substance use disorders into a $266 million windfall. The company has entered into a strategic partnership and licensing agreement with pharmaceutical company, Boehringer Ingelheim to develop novel treatments for psychiatric patients with social dysfunction symptoms. Kinoxis’ lead…

L3Harris Micreo to manufacture bomb disposal robots

L3Harris Micreo is to manufacture 80 new explosive ordnance disposal robots (pictured) for the Australian Defence Force under a just signed, $46 million contract with the federal government. The Queensland company, formed in 2002 as part of the global L3Harris defence business, will provide robots that carry cameras and sensors with an improved ability to…

Beacon expansion puts the spotlight on STEM

Today we continue our sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event with a look at the Beacon STEM program for primary schools. BAE Systems Australia is expanding its science, technology, engineering and maths (STEM) outreach program with immersive technology company, Lumination, to young people in Victoria. This means…

Defence partnering for success – REDARC, SMEs partnering with SMEs

@AuManufacturing’s sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event, turns to a different type of partnership – that between SMEs themselves vying for defence contracts. Here is REDARC Electronics’ partnering story. It is not only defence prime contractors partnering with defence SMEs that is powering the defence sector today,…

UBI launches Petrackr diabetes monitoring device for pets

Electrochemical test developer Universal Biosensors has launched its Petrackr diabetes monitoring device (pictured) for cats and dogs. The company, whose main product is the Sentia testing device used during the winemaking process, launched the blood glucose monitoring system at the same time announcing distribution partnerships in the United States and Canada. The product involves a…

First exports roll out from Rheinmetall NIOA Munitions

Defence manufacturer Rheinmetall NIOA Munitions’ Queensland artillery shell plant has made its first export shipment to its customer in Germany, as the new factory is moving towards full-rate production. The Maryborough factory’s workforce has more than doubled to 60 since this time last year, with another 30 vacancies to be filled by July. Rheinmetall Waffe…