Rapid welding equipment manufacturer K-Tig is back in business having escaped administration through a downsizing and refinancing operation. Administrators KordaMentha announced that creditors had approved a rescue package that will result in the company returning to normal operations recapitalised, and with a smaller cost base. Under a Deed of Company Arrangement, K-Tig management has been…
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Australia’s only manufacturer of solar panels Tindo Solar has celebrated five years of exporting to Vietnam with another shipment delivered in the first quarter of 2024. Tindo CEO Richard Petterson announced the milestone in an address at the Australia-Vietnam Green Economy Summit, which is led by Asialink and Climateworks Centre and supported by the federal…
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By Michelle Grattan, University of Canberra Two major critical minerals projects in Queensland and South Australia are to receive hundreds of millions of dollars in federal government loans as part of the Albanese government’s new Future Made in Australia policy. New loans worth $400 million will go to the Australian company Alpha HPA to deliver…
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Explosives detection device company GreyScan Detection has announced that its ETD-100 solution has been accepted by the United States Transportation Security Administration’s (TSA) Innovation Task Force (ITF.) GreyScan is a spinoff of commercialisation business Grey Innovation and uses capillary zone electrophoresis techniques for detecting trace quantities of inorganic explosives. The company said on Wednesday (Australian…
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Sponsored article By Stephane Marouani, Country Manager ANZ at MathWorks As countries worldwide begin to establish AI regulations, manufacturing engineers designing AI-enabled systems must meet these newly introduced specifications and standards. On October 30, the United States White House issued an executive order on AI regulation, highlighting the importance of robust Verification and Validation (V&V)…
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Clean energy and mobility company Pure Hydrogen has leased a 4,000m² site at Archerfield Airport, Queensland for its first demonstration hydrogen micro-hub (pictured). Pure intends to manufacture green hydrogen fuel at Archerfield, 11km from Brisbane CBD, to service commercial transport operators and the aviation industry. An electrolyser has been ordered which will use ‘green’ electricity…
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Titomic announces sale of TKF metal 3D printing systems 3d printer manufacturer Titomic has announced the sale of cold spray additive manufacturing systems and associated equipment to Spanish technology centre Fundacion Centre Technologico Miranda de Ebro (CTME). The sale includes D633 medium-pressure and D523 low-pressure cold spray systems, a powder feeder and integrated spray booth…
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Food ingredient company Harvest B has announced that it will launch lamb and beef blended meat products, which it says are world firsts and have been developed to make animal meat more affordable, sustainable and nutritious. In a statement on Tuesday, the company said it will collaborate with the animal protein industry to offer a “50:50…
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Drug development company IDT Australia and pharmaceutical business Sanofi have signed an agreement for the good manufacturing practice (cGMP) manufacture of Sanofi’s mRNA vaccines now under development. The partners will collaborate to advance mRNA-based vaccine formulation, development and manufacture at IDT’s aseptic sterile injectables filling facilities in Melbourne (pictured) in volumes needed for clinical trials…
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The federal government has announced $1.5 million in funding for Victoria University’s Sunshine campus as part of the TAFE Technology Fund. According to a statement from skills minister Brendan O’Connor on Tuesday, the funding to the dual-sector provider will be used for “cutting-edge machines to support the establishment of the Western Melbourne Precinct for Advanced…
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