Defence contractor Electro Optic Systems (EOS) has secured what it says is “the world’s first export order for a 100-kilowatt class laser defence system”, with the weapon deal worth €71.4 million ($125 million.) According to a statement from EOS on Tuesday, the project is for a European NATO member state and is “to address the…
Licella acquires full ownership of Arbios Biotech Recycling technology company Licella has acquired Canadian wood products company Canfor’s 50 per cent interest in Arbios Biotech, making Arbios a wholly-owned subsidiary of Licella. According to a statement from the company late last week, it “marks a major step forward in Licella’s global expansion, unifying our Cat-HTR™…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Bedford forfeits $20m site in bailout deal as new manufacturing hub hangs in balance Disability services provider Bedford Group will surrender land worth more than $20 million as part of its government bailout, whilst the future of its brand new…
Sponsored Engineers Australia’s flagship event, the Climate Smart Engineering Conference 2025 (CSE25), is heading to Adelaide for the first time this August 27 to 28 – and it couldn’t come at a more urgent time. With Australia’s climate challenges intensifying, this year’s theme, Resilience engineered: solutions for our climate reality, cuts to the heart of…
Residential building industry lobbyist the Housing Industry Association (HIA) has urged the federal government to do more to support the building product manufacturing and supply sector, which it says is “being held back by red, white and green tape”. According to a statement from HIA on Wednesday, manufacturers “are increasingly burdened by overlapping regulations, from…
A local market too small for meaningful sales of a highly-specialised product. Overseas copycats. Prospects interested yet stuck on the notion that “it’s too good to be true.” TNA Solutions saw a set of problems familiar to many early-stage Australian businesses setting out with an interesting bit of technology. Their breakthrough invention, launched in 1985,…
Approximately $62 million has been awarded across 13 new Training Centres and Research Hubs through the Australian Research Council’s Industrial Transformation Research Program (ITRP.) According to a statement from ARC on Tuesday, the funding will help “drive innovative research to advance Australian industry and research capability.” Six Industrial Transformation Research Hubs were funded, including: $3,693,326…
You have to get a lot right, but there’s an element of right place, right time when it comes to selling water heaters. According to Simon Terry, who runs one of the last three companies making water heaters in Australia, it’s a “no-interest category”, and you’re in the market once every 15 years. “My wife…
By Roy Green For a while it looked like federal Treasurer Jim Chalmers’ Economic Reform Roundtable would turn into a tax summit, such was the clamour to revisit missed opportunities. And we have an abundance of those in Australia. However, the intended focus on Australia’s lagging productivity performance has appropriately been retained in the current…
Sponsored Walk through any modern factory and you’ll find robots packing products, sensors tracking conditions and an assortment of machines quietly humming away. But look past the production line and a different picture often emerges – one where finance teams remain in spreadsheets, compliance sits in silos and decision-makers struggle to get a real-time picture…