Marand Precision Engineering and Rheinmetall have announced an extension to their manufacturing partnership worth $50 million. The announcement concerns the Boxer Combat Reconnaissance Vehicle (CRV), which is currently in use with the Australian Defence Force, and assembled near Brisbane. Marand’s work involves manufacture of LANCE digital turrets, hull components and vehicle attachments in Geelong for…
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he Australian Renewable Energy Agency (ARENA) has announced $20 million in funding to Stanwell Corporation to support a front-end engineering and design (FEED) study for a large-scale renewable hydrogen project in Gladstone, Queensland. The $117 million project will finalise the development stage of the Central Queensland Hydrogen (CQ-H2) Project, which will initially involve the installation…
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A new project led by the CSIRO and delivered as part of its Hydrogen Industry Mission will develop a demonstrator moveable hydrogen generator, able to create the gas from a liquid carrier, according to the national science agency. In a statement on Friday, CSIRO said the unit would use its patented “catalytic static mixer” approach…
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Metal additive manufacturing company SPEE3D has broken into the field of sustainment of US Navy submarines, announcing that the USN had chosen its technology to develop materials as a part of a Naval Sea Systems Command (NAVSEA) project. The project is related to Expeditionary Maintenance and Sustainment that achieves Submarine Safety Program (SUBSAFE) quality standards.…
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Founder and CEO of Savic Motorcycles Dennis Savic has said he couldn’t be happier with his company’s capital raise that closed late last night having raised $1,224,049. The Melbourne company was aiming to raise between $500,000 and $2 million, with shares priced at 23 cents a share. Savic raised the cash to fund commercialisation of…
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The integration of the complex combat systems on the Royal Australian Navy’s existing guided missile destroyers and Hunter class frigates will be done in Australia, following an agreement between three of the country’s largest defence companies and the Department of Defence. BAE Systems Australia, Lockheed Martin Australia, Saab Australia and Defence have signed a Combat…
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Building-integrated photovoltaics company ClearVue Technologies has been awarded a $2 million grant from the Western Australian government to bring manufacturing of its core components onshore. The company will establish a WA-based photovoltaic (PV) and nanoparticle components manufacturing facility. Onshoring will mitigate supply chain risks in line with the company’s global strategy, while benefitting the economy,…
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A Charles Darwin University (CDU) research group has shared what would be needed to create a food manufacturing hub in Darwin during this week’s Food Futures Conference Northern Australia Food Technology Innovation (NAFTI) project manager Dr Warren Hunt and University of Tasmania Professor Roger Stanley presented the findings from a 15-months research program to the…
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Luxury and premium wine maker Treasury Wine Estates is again taking the microscope to its operations and plethora of wine brands seeking efficiencies and potentially selling off more wine brands. The company has been undergoing a process of what it calls premiumisation since the shock of the imposition of import tariffs by China on its…
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Danish investment group Copenhagen Infrastructure Partners (CIP) has announced plans to build a green hydrogen production hub in South Australia’s Eyre Peninsula valued at up to $30 billion, according to reports. The company’s Evergreen project aims to install 14 GW of solar and wind capacity and seven GW of electrolysis capacity – the equivalent of…
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