Drone detection and countermeasure manufacturer DroneShield has reported a bumper quarterly result and a renewed focus on ‘more business-transparent’ government markets in Australia and the United States. The ASX listed company, which has operations in Australia, the US and the UK, reported cash receipts of $2.6 million in the December quarter, up 53 per cent…
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Applications opened on Wednesday for round one of the Victorian Regional Recycling Fund, with grants up to $500,000 each available to upgrade resource recovery centres. The funding would “strengthen regional Victoria’s recycling network” by upgrading regionally significant facilities, according to the government. “These regional facilities are the building blocks for a robust recycling network that…
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Funding for a $12.2 million round of Accelerating Commercialisation grants has been announced, with assistance going to companies including makers of EV chargers, products for green steelmaking, fruit harvesting robots and hydrogen energy storage systems.
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Australia should build, launch and operate a range of satellites to reduce sovereign risk, according to a new report from the prestigious Australian Academy of Science. The Australia in Space: a decadal plan for Australian space science 2021–2030 report released today said Australia’s complete reliance on data from foreign-owned satellites in weather forecasting, resource and…
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WA government-funded studies into the transmission and storage of hydrogen have identified storage and transmission options for hydrogen in the state. A feasibility study outlines a pathway for declaring sections of the Dampier to Bunbury natural gas pipeline suitable for the addition of up to nine per cent hydrogen with natural gas to form a…
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Australian business must embrace automation if they’re going to grow and remain competitive into the future, explains Daniel Milford (pictured, below). Few leaders have a mature understanding of how to leverage technology in managing their business and leading their customers and employees into the future. Companies that talk about rather than act upon transforming their…
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No. 81 Wing of the RAAF has accepted and and successfully ‘expended’ the first of a new type of Australian manufactured 500lb high-explosive warheads. The first BLU-111(AUS)B/B bomb were delivered to No. 3 Squadron at RAAF Base Williamtown last year, where it was configured by armament technicians (pictured) as a Paveway II laser guided bomb…
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Norsta Maritime of Cairns has been awarded a five-year, $70 million naval maintenance contract delivering the Cairns Regional Maintenance Centre, which will become operational “within the coming months” and initially support the evolved Cape class patrol boats. The contract came with incentives for local SMEs to compete for work, with “local industry set to benefit…
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French defence manufacturer Thales Australia has received development approval and will begin construction next month on the first phase of its plan to transform the historic Lithgow Arms factory in regional NSW into an industry 4.0 showpiece. The new development will deliver an advanced manufacturing 4.0 and integration hub for the precision manufacture of next…
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Perth mining equipment manufacturer Austin Engineering is likely to all but double its operating profit for the first half of 2022 compared to the previous corresponding period, confirming growth in business performance first reported late last year. The company reported continuing strengthening of its order book and increasing percentage margins, allowing it to issue new…
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