Sunday, November 24, 2024

XTEK’s HighCom inks int’l partnership to supply combat helmets to Indian Defence

XTEK Limited’s HighCom Armour Solutions has ventured into a partnership with Tata Advanced Systems Ltd (TASL) to help deliver advanced Level III Rifle Combat Helmets to the Indian Defence market. 

Australian airline Rex invests in electric-powered, emission-free aviation

Australian independent regional and domestic airline Regional Express (Rex) has announced an investment in Dovetail Electric Aviation, the company pioneering the conversion of turbine-powered aircraft to electric, emission-free propulsion. 

March figures show decline in New Zealand’s manufacturing sector

New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

Anteris granted utility patent for heart valve replacement technology

Australian biotechnology company Anteris Technologies announced that the United States Patent and Trademark Office has issued a utility patent for its novel DurAVR transcatheter heart valve (THV).

Mayne Pharma sells US retail generics portfolio for $134 million

Australian pharmaceutical manufacturing company Mayne Pharma has completed the sale of its US retail generics portfolio to Dr. Reddy’s Laboratories for approximately $134 million. 

Australian industry slips further into contraction over fall in new orders

The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors. 

DroneShield unveils new DroneGun Mk4 in response to user feedback

DroneShield has introduced a game-changing new product, DroneGun Mk4TM, following considerable development in response to end-user input, the company announced in a press release. 

Eurozone manufacturing remains ‘in troubled waters’ in March— S&P Global

The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5. 

Silex eyes nuclear fuel production with GLE, Dominion Energy cooperation

Australian laser enrichment technology developer Silex Systems has announced that Global Laser Enrichment (GLE)  and Dominion Energy Services have signed a non-binding letter of intent to spearhead cooperation in the nuclear fuel supply chain. 

Quickstep to provide composite aerostructures for Carbonix’s long-range drone production

Quickstep, Australia’s largest independent aerospace composite company, has secured a $2.34 million contract with Carbonix for the production and supply of composite aerostructures for Carbonix’s latest long-range drone. 
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy

As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.