The National Reconstruction Fund Corporation has announced its third investment, tipping $25 million into telecommunications company Myriota as part of a $50 million funding round. In a statement on Thursday, Adelaide-based Myriota said the capital will be used “to enhance the capability and scale of its IoT connectivity platform and infrastructure”, and ramp up its…
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Manufacturers are viewing the economy as at a delicate point between point between boom and bust, according to the ACCI-Westpac Business Survey December 2024 Q4. Currently spot on the breakeven threshold, the latest survey shows manufacturers are experiencing a torrid time, but have expectations of far better times ahead. Could this be from pent-up demand…
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Iconic Australian food manufacturer SPC has returned to the Australian Securities Exchange (ASX) after a 20-year absence, but this time as more than a food canner – the company is now SPC Global. Managing Director Robert Iervasi took to social media and said: “Today marks a massive milestone for SPC Global and each of our…
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Three new modular homes have been built and installed by Fleetwood Building Solutions at Manjimup, 300 kilometres south of Perth. According to a statement from the WA government, which funded the project through housing and homelessness measures, each of the buildings is two-bedroom and one-bathroom and will be available for seniors’ accommodation early next year.…
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The University of North Texas (UNT) has bought a Titomic Kinetic Fusion Cold Spray additive manufacturing system to expand R&D and advanced manufacturing capabilities at its Center for Agile and Adaptive Additive Manufacturing (CAAAM). The sale for approximately $1.1 million was chosen from a range of cold spray providers to design and install this specialised…
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Livium Ltd’s battery materials division, VSPC has selected Australia as its preferred location to construct a small scale demonstration plant to produce battery materials lithium ferro phosphate (LFP), and the emerging lithium manganese ferro phosphate (LMFP). LMFP is an emerging product offering a 15 to 20 percent increase in specific energy over LFP when used…
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Nanotechnology development company Dotz Nano has made its first commercial sale of its proprietary in-product tagging solution, DotzShield, to a U.S. based provider of oilfield technology to the oil and gas sector. The order marks a pivotal milestone for Dotz in its commercialisation journey, according to an announcement, validating the company’s solution for real-time corrosion…
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Andrew Reeves to retire from Inghams as CEO and MD Inghams Group has announced that its Chief Executive Officer and Managing Director Andrew Reeves (pictured) will retire from the role in mid-2025, to be replaced by the CEO of its New Zealand business, Edward Alexander. The Chair of Inghams, Helen Nash, said: “Andrew has done…
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The Australian and UK Governments have announced a significant milestone between the Australian Submarine Agency (ASA) and industry partners that will support the delivery of the SSN AUKUS fleet of locally built, conventionally armed, nuclear-powered submarines for the Royal Australian Navy. The SSNA platform will replace the Astute Class SSN for the UK Royal Navy…
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Lithium chemicals manufacturer Livium, formerly Lithium Australia, will decide by the end of January 2025 whether to proceed with plans to utilise its proprietary technologies to extract lithium from difficult to process ores. Livium is developing technologies to produce lithium chemicals from waste or low-grade sources, with its main technologies LieNA for processing spodumene and…
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