Poker machine and gaming manufacturer Ainsworth Game Technology has bought US-games developer MTD Gaming Inc for an initial consideration of US$13 million. The Sydney company will pay an additional US$13 million to MTD’s private owners on the delivery of financial targets and contract renewals. Ainsworth, founded by Len Ainsworth who started the world’s second-largest gaming…
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Quantum computing materials development company Archer Materials has begun performing measurements required to build an operational, room-temperature quantum computing chip. The company said today in a statement that measurements related to control of qubits, the basic unit of quantum information, on ‘components’ of its future quantum chip, known as a CQ chip. Archer expanded its…
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An ambitious international/Australian partnership is seeking to build Australian sovereign industrial capabilities in three key areas of technology to be installed on Australia’s future Attack class submarines. Issartel – HIFraser is calling for manufacturers skilled in high precision machining, boiler making, welding, surface and heat treatment services. The company is a combination of Sydney-based H.I.…
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Comment by Peter Roberts There are few certainties in this post fact world but one you would think everyone agrees on is that a country has to earn a living internationally. For Australia, whose export income is dependent on selling coal and gas, our national economic prosperity rests on being a fossil fuel exporter. We…
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Defence has entered into a partnership with Flinders University and a leading industry group to grow research capacity and deliver training to Australia’s next generation of Electronic Warfare experts.
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A WA startup announced it had begun manufacture of electric motors last month. Brent Balinski spoke to Michael Fragomeni, founder of HyperPower Technologies.
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Eagle Health jump on coronavirus bandwagon Food supplement manufacturer Eagle Health Holdings is the ltest Australian-listed company to attempt to profit from the outbreak of coronavirus. The company has teamed up with hand sanitiser manufacturer Zoono to distribute its products, and has begun making face masks at its factory in Xiamen, China. Eagle’s first order…
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Australia’s programme of assistance to Pacific Island nations is picking up pace with shipbuilder Austal delivering its sixth Guardian class patrol boat, RFNS Savenaca. The vessel, one of 21 to be gifted to Pacific Island nations by Australia, was handed over to the Government of Fiji at a ceremony at Austal’s Henderson shipyard south of…
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Calls for Canberra to underwrite construction of more gas-fired power stations to ease our transition to a low-carbon economy have hit the road block of reality – there is simply no need for them. Energy analyst Hugh Saddler writing in his monthly National Energy Emissions Audit, found that underwriting new gas power is “not a…
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The federal government has stepped up its efforts to boost the number of girls and women studying science, technology, engineering and mathematics (STEM) subjects. Industry minister Karen Andrews marked International Women’s Day with announcements that build on the government’s 2019 Advancing Women in STEM strategy. She lauched an Advancing Women in STEM Action Plan 2020…
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