Electric aviation manufacturer Kite Magnetics officially opened their Green Aviation Test Facility last month at an event showcasing the company’s electric motor testing capabilities, including an in-house designed and built dynamometer and thrust stand. According to a statement from the Melbourne-based startup – which says it is committed to becoming a major player in the rapidly…
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Penfolds maker Treasury Wine Estates (TWE) has secured a leading position in the US luxury wine market with a surprise US$900 million acquisition of US luxury wine business DAOU Vineyards. The purchase, which will be funded by an Au$825 million equity raising, brings the US’s fastest growing luxury brand into the TWE global stable which…
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The Victorian government has opened applications for grants worth between $50,000 and $250,000 under the second round of the Made in Victoria – Manufacturing Growth Program. Grants are available to companies categorised as SMEs (between 20 and 200 employees) and cover up to a third of project costs. Projects include installation of new equipment, prototyping,…
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BAE Systems Australia Maritime Managing Director Craig Lockhart has hit back at criticism of the construction of Hunter class frigates for the Royal Australian Navy at the Osborne Naval Shipyard in Adelaide. In an opinion article published on the company website Lockhart said the go-to narrative that the project was ‘troubled’ came from those who…
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More Australian small businesses can now access research and development (R&D) funding through CSIRO as it broadens its Kick-Start programme. The programme has now been expanded with an increase in eligibility to include businesses with a turnover of up to $10 million, up from previous eligibility of up to $1.5 million. The CSIRO Kick-Start programme…
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By Peter Roberts It is not surprising that talks for a Europe Australia Free Trade deal have fallen over as Australia has little to give up to the EU and Europe has everything to lose from anything resembling free trade. Australia has systematically dismantled industry protection since the 1980s when there were quotas on imports…
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Sara Lee has been billed as the latest Australian food brand to go to the wall – it is actually New Zealand owned. Nevertheless, here Allen Roberts explains why it is next to impossible to find an Australian owned food brand on the shelves of our supermarket duopoly. When I was a boy in this…
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The University of Technology Sydney (UTS) has announced that it will spend an ongoing annual investment of $250,000 on the SME@UTS program, following an initial 18-month trial. According to a statement from the university on Monday, 17 SMEs have been connected to UTS student-led projects so far, valued at up to $15,000 each. SME@UTS is…
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Low carbon industrial technology developer Calix has deepened its involvement in Direct Air Capture I(DAC) of carbon dioxide, signing a global licence agreement for its technology. Calix’s subsidiary Leilac will work exclusively with Heirloon Carbon Technologies in DAC applications, with Leilac’s technology to be used in all future Heirloom DAC facilities. Leilac’s externally heated calcination…
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A UNSW Canberra engineering researcher has developed a method to recycle carbon fibre which saves energy and can recover more of the material, according to the university. Carbon fibre composites are found in many applications with environmentally-friendly aims, for example in wind turbines and lightweight structures for transport. However, fibres have proved difficult to recycle,…
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