Construction works are complete on a new world-class pharmaceutical compounding centre in Perth which will manufacture lifesaving medicines and help to diversify Western Australia’s economy. The facility will be one of the most technologically advanced compounding centres in Australia and has been supported by the state government’s Investment Attraction Fund. The new Baxter Healthcare facility…
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In a boost for the Australian space industry, the iLAuNCH Trailblazer has announced a further $1 million in funding to accelerate university research towards commercialisation. Part of the $180 million Trailblazer program, the iLAuNCH Accelerator’s Fast Track fund provides seed funding for proof-of-concept demonstrator technologies with long-term commercial prospects. Fast Track will provide funding pathways…
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Alcoa Corporation has announced the completion of its acquisition of Alumina Limited, taking control of the AWAC joint venture whose assets comprise bauxite mines and alumina and aluminium refineries in Australia, Brazil, Spain, Saudi Arabia and Guinea. The takeover increases Alcoa’s economic interest in its core business and simplifys governance by acquiring the minority partner…
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Additive manufacturer Aurora Labs and unmanned aerial systems (UAS) developer Innovaero have signed a Memorandum of Understanding (MoU) to leverage both companies capabilities in the defence UAS space. The MOU brings Aurora Labs 3D printed metal components and recently tested 3D printed micro gas turbines to Innovaero’s current UAS platforms. Earlier this month Aurora Labs…
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Drone Detection and countermeasure manufacturer DroneShield (DRO) has replied to its critics emphatically with the successful completion of its approximately $120 million fully underwritten placement at a price of $1.15 per New Share. DroneShield shares have come under pressure with the latest raising, and a placement that raised $75 million in April, confirming strong institutional…
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The first round of Australia’s Economic Accelerator (AEA) grants is now open to researchers and industry in key areas identified by the federal government such as refining and processing of critical minerals, renewable hydrogen, and green metals. $180 million in funding is available for university researchers and their industry partners to commercialise research related to…
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Building-integrated photovoltaics company Clearvue Technologies has announced a five-year manufacturing and distribution agreement with Aluminium Technology Auxiliary Industries (Alutec), a Qatar-based facade engineering company. In a statement on Thursday, Clearvue said the signed agreement marks an expansion into the fast-growing Middle East and Indian markets. According to market research cited by Clearvue, the combined construction…
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Nine SME businesses have been awarded grants worth between $50,000 and $250,000 under round two of the Made in Victoria – Manufacturing Growth Program. Grants under the state government program assist purchasing and commissioning of capital equipment and associated project expenditure, and every dollar must be matched by at least $2 invested by the recipient.…
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The federal government has entered into a $5.1 million Federation Funding Agreement with South Australia and Western Australia to deliver a new programme to give students defence industry experience. The governments will deliver the Schools Pathways Program (SPP), part of the Australian Government’s Defence Industry Development Strategy. The SPP will help to promote Science, Technology,…
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The Manufacturing Industry Skills Alliance Jobs and Skills Council has released the 2024 Manufacturing Workforce Plan, highlighting the opportunities the sector presents to jobseekers and the country. The plan is a roadmap outlining the key skills and emerging workforce needs for manufacturing. With projected employment growth equivalent to around 120,000 additional workers – up by…
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