The Prime Minister Anthony Albanese has confirmed that Australia will export 100 Boxer armoured fighting vehicles to Germany, according to reports. The value to the economy is more than $1 billion, making it one of the largest defence export deals in history. The vehicles, to be manufactured by Rheinmetall Defence Australia at its Military Vehicle…
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By Peter Roberts Defence, space and communications manufacturer Electro Optic Systems has beefed up its finances achieving a net cash balance of $42.2 million as at June 30 as it expands to cater for a raft of major new orders. On 30 June the Canberra company received a $17.2 million tax refund from the federal…
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Altech Batteries is rapidly progressing plans to manufacture in Germany its CERENERGY battery developed in joint venture with Germany’s Fraunhofer IKTS institute. Key workshops were held in May at the Fraunhofer ceramics research institute facilities in Dresden to finalise the plant’s design and select key suppliers. Altech Managing Director Iggy Tan said: “The level of…
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What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Fortescue progresses plans for Marsden Point green aviation fuel factory Channel Infrastructure and Fortescue Future Industries announced their investigation into a green hydrogen manufacturing facility at Marsden Point for synthetic Sustainable Aviation Fuel (eSAF) has progressed, with…
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A new $3 million collaborative research programme between the Queensland and German governments is building on German interest and investments in Australian green industrial projects, The programme is Queensland’s first joint initiative with Germany on bioeconomy research and development, and is seen as a key action under a Joint Declaration of Intent for Cooperation in…
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Japan’s Kanematsu Corporation has made an investment in Australian environmental technology startup Samsara Eco. According to a statement from Samsara – which has developed an enzyme-based process to dissolve end-of-life plastic back into its component monomers for reuse – trading company Kanematsu acquired the strategic stake by accepting Samsara’s third-party allotment of shares. “Through this…
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Expressions of Interest (EOI) are now open for the Made in Victoria – Industry R&D Infrastructure Fund. The $15 million fund will provide matched grant funding of between $250,000 and $2 million to eligible businesses in Victoria, to invest in new or enhanced R&D infrastructure to support the growth of Victoria’s R&D capability across key…
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The Australian Renewable Energy Agency (ARENA) and Department of Climate Change, Energy, the Environment and Water (DCCEEW) have begun consultation for the design of the federal government’s flagship hydrogen programme. Announced in the 2023 federal budget, Hydrogen Headstart will deliver a step change in Australia’s renewable hydrogen production by underwriting some of the largest electrolyser…
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Space mission operations company Saber Astronautics has opened its new Adelaide-based office during a visit by by the Premier of South Australia, Peter Malinauskas (pictured). The new facility in the Bice Building at the Lot Fourteen industry innovation centre, will serve as Saber’s primary place of business in the state, and includes both software development…
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Australian manufacturing has the opportunity to restructure, grow and prosper if it can harness the power of data to power up operations. Utilising the cloud opens the way for increased efficiency, reduced costs, and improved productivity, writes Warren Zietsman. The year is 1948. Australia is three years into its post-great war recovery, and a local…
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