Monday, October 7, 2024

Sparc Technologies secures nearly $1 million in R&D tax refund

Australian graphene production company Sparc Technologies has received a $934,195 research and development tax refund as part of the Australian government’s R&D tax incentive, relating to the 2022 financial year. 

Weebit Nano raises $15 million in oversubscribed SPP

ASX-listed semiconductor developer Weebit Nano Limited has collected nearly $15 million in an upsized and scaled-back share purchase plan (SPP) for existing shareholders. 

Jervois submits loan application under US DOE manufacturing initiative

Australian cobalt company Jervois Global Limited has submitted an application to the United States Department of Energy (DOE) Loan Program Office to finance its proposed greenfield US cobalt refinery. 

AML3D posts record quarterly cash receipts amid boost in ARCEMY sales

Wire additive manufacturing developer AML3D Limited has received more than $1 million in customer cash receipts, setting a new quarterly earnings record for the company. 

First Graphene to trial graphene-enhanced sustainable cement

Graphitic materials provider First Graphene said it is slated to begin one of the world’s largest-scale trials of graphene-enhanced green cement in June. 

Alcoa reports $231m net loss as production, shipments decline in Q1

Australian mining firm Alumina Limited announced Alcoa Corporation’s Q1 earnings results, revealing a loss of $231 million, which is a significant contrast to the profit the company recorded in the same period a year earlier, owing to a decrease in shipments and production. 

BluGlass launches GaN laser product suite in San Francisco, expands customer base in Q1...

Australian semiconductor developer BluGlass Limited rolled out the first suite of its commercial gallium nitride (GaN) laser products for customer purchase at Photonics West in San Francisco in January, according to the company's latest quarter activities update. 

Anteris Technologies to help develop new heart valve repair solution

Australian biotech company Anteris Technologies has collaborated with v2vmedtech to develop a new heart valve repair device designed for minimally invasive treatment of mitral and tricuspid valve regurgitation. 

Austin Engineering completes first shipment of Indonesia-manufactured truck trays

ASX-listed global engineering firm Austin Engineering announced the completion of the first shipment of fully manufactured and assembled truck trays from its Indonesian facility in Batam, which have been delivered directly into Western Australia's (WA) Pilbara mining region.

DroneShield secures portable counter-UAS orders for $2.2m

ASX-listed DroneShield has received two orders totalling approximately $2.2 million for a number of its handheld systems, including the recently launched DroneGun Mk4 portable drone countermeasure equipment.
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AI & Manufacturing Month with Australian Manufacturing

As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.