Solar and hydro thermal energy startup RayGen Resources has announced the close of a Series D funding round worth $127 million, led by a follow-on investment from US oil and gas services company SLB. In a statement on Thursday, the company said the $31 million investment from SLB was in addition with the execution of…
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What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Fonterra plans $1.7m refurbishment of Tasmanian cheese tower Global dairy company Fonterra has plans to upgrade the cheddaring tower, as its Wynyard, Tasmania cheese factory. It lodged a development application to refurbish and remediate the tower, boosting its height to 21 metres,…
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@AuManufacturing/the Australian Manufacturing Forum have teamed up with a small group of trusted partners to provide help to those wishing to sell their business. We have been approached by investors keen to acquire Australian manufacturing companies. If you’re considering an exit, we’re able to arrange a confidential, no-obligation discussion with our partners. Get in contact…
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HEO shares progress on Holmes Mk2 space camera Space business HEO has shared that work is well underway for its first Holmes Mk2 flight model camera, with the team undertaking “the finishing touches and prepar[ing] for the final phase of testing. In an update on Linkedin, HEO said its smallest non-Earth imaging camera, “provides a…
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A measure of turnover data published by the Australian Bureau of Statistics since 2021 has shown manufacturing outpacing all other industries for February, with a strong rise in metal products. The ABS’s experimental Monthly Business Turnover Indicator tracks 13 industries, with an aggregate rise in turnover of 0.2 per cent (in seasonally-adjusted terms) for the…
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Greensteel Australia announced on Thursday that it has placed an order with steelmaking infrastructure company Danieli Group, “valued in excess of $1.6 billion”, representing stages two and three of a proposed “ultra-low-carbon steel mill”. The order includes a direct reduced iron (DRI) plant, two electric arc furnaces, a structural steel rolling mill, and a second…
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CSIRO has shared details of teams making up the ninth cohort of its ON Accelerate program, featuring technologies including 3D printing for flexible ceramic solutions, a new therapeutic for treating pneumonia, and energy-efficient ammonia production. In a statement on Thursday, the nation’s scientific organisation described the program as a “structured three-month accelerator” helping entrepreneurial researchers…
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The iMOVE Cooperative Research Centre (CRC) has launched a $2 million second round for its Impact Extension Program, which is open to organisations including established businesses, universities and startups “looking to fund their transport related innovation.” In a statement launching the program on Thursday, iMOVE said the initiative aims to “to identify and support Australia’s…
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A free, 45-minute event focussing on “how artificial intelligence tools are being used to increase productivity in industry” will be held in Adelaide’s CBD on Friday, April 11, from 2 — 2:45 pm. Flinders University’s City Campus will host the Innovation Bytes session, titled AI for Manufacturing Productivity. The session is part of the Innovation…
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RMIT University says a new pyrolysis method developed with South East Water, Intelligent Water Networks and other water authorities could enable better-priced, more sustainable bio-oils for industrial use. According to a statement from the university on Thursday, the PYROCO process can turn biosolids (treated sewage) into biochar with the right properties to act as a…
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