Friday, March 27, 2026

Quickstep inks deal with TB2 for UAV development work

Aerospace composite manufacturer Quickstep has signed a contract with unmanned aerial vehicle (UAV) developer TB2 to provide engineering and structural integration services for the incorporation of the TB2 Pod Interface system into customer aircraft. 

Austal reports strong growth, eyes further expansion in 2025

Austal Limited has reported strong financial growth in the first half of the 2025 financial year, with earnings exceeding expectations and a record order book supporting future expansion.

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

RV manufacturing flourishes with promising 2022 figures

The Caravan Industry Association of Australia has released manufacturing and import figures for 2022, with nearly 50,000 new registrations recorded and 28,031 new units sold in Australia up 17.1 per cent compared to the previous year.

New Zealand’s manufacturing PMI on a ‘downward spiral’ in October

Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

Judo Bank: Australia’s manufacturing PMI slips to 50.0 in January

The manufacturing sector in Australia slipped into stagnation in January with a manufacturing Purchasing Managers’ Index (PMI) score of 50.0, down from 50.2 in December 2022, marking the conclusion of a 31-month growth streak.

DroneShield expects all-time high revenue for 2022

Counterdrone system manufacturer DroneShield said it is on its way to posting a new all-time high record revenue for 2022, with the industry’s continuous rapid global growth. 

Nightingale equips Blackbird drone with AWS AI systems

Drone manufacturing company Nightingale Intelligent Systems has ventured into a partnership with Amazon Web Services (AWS) to integrate the Blackbird Security Drone sensor data with AWS systems to create a highly advanced data analytics platform for intrusion detection, navigation, and life-safety use cases. 

Silex Systems to drive laser enrichment tech commercialisation with $120m placement

Laser technology developer Silex Systems has raised $120 million from an institutional placement after receiving strong support from local and international investors. 

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. 
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Navigating energy price volatility with predictive intelligence

Energy price volatility has become a structural feature of modern electricity markets rather than a temporary disruption. For energy-intensive manufacturers and large commercial operators, fluctuating wholesale prices are reshaping how energy costs are managed, making reactive approaches increasingly inadequate.