Australia’s largest food manufacturer Nestlé has thrown its weight behind the circular economy movement with a massive commitment to cut back on the use of virgin plastic for packaging and to use recycled materials in its products. The Swiss company, which operates six large factories in Australia, has committed $2.5 billion globally to cover the…
Submarine builder Naval Group and composites manufacturer Airspeed have signed a Memorandum of Understanding (MoU) to enter a design competition organised by Lockheed Martin Australia. Lockheed is a major contractor for systems for the Attack Class submarine which will be built in Adelaide by Naval Group itself. The two companies, strangely including the submarine builder…
South Australia’s space industry has grown from infancy to adolescence in the 12 months since it was announced that the Australian Space Agency would be headquartered in Adelaide.
A new Australian Research Council (ARC) Training Centre for Future Energy Storage Technologies (StorEnergy) at Deakin University was launched on Friday.
A little over a week ago, a Queensland-based company announced a deal with an unnamed North American giant for countless units of a product you’ve probably seen at your local Bunnings.
Australian company Oomiak Refrigeration has opened an office in Kuala Lumpur to drive its expansion into South East Asia.
Winners at the 57th Australian Export Awards were named at a ceremony at Parliament House, Canberra.
Perth’s Advanced Braking Technology (ASX: ABV) has made good progress in the past year in stabilising the company’s financial position. Chairman Dagmar Parsons told the company’s annual general meeting that the company had undertaken a strategic review, driven cultural change and identified cost savings. She said progress had been made towards the goal of returning…
Melbourne drone technology company AVT Technologies has been awarded $5.2 million to develop a system to improve the quality of images taken by drones. The grant from the Defence Innovation Hub follows an earlier $2 million grant to develop a micro gimbal weighing less than 250g that features 50x zoom and thermal imaging. AVT is…
Robotics and AI sensor business, Advanced Navigation, has raised $20 million to expand its global research and manufacturing footprint. The company, which develops and manufactures navigation systems, inertial sensors, acoustics, positioning systems and robotics, raised the cash from Main Sequence Ventures’ CSIRO Innovation Fund, and US venture firms Brick & Mortar Ventures and In-Q-Tel Inc.…