Orbital UAV to complete UAV engine project for Singapore customer
Australian drone manufacturer Orbital UAV said it secured a $2 million contract with a major Singapore customer to continue and complete a multi-fuel unmanned aerial vehicle (UAV) engine program.
Global Manufacturing PMI’s decline eases in January— JP Morgan
Global manufacturing output and new orders have shown slower contraction in the first month of 2023, resulting in a 49.1 PMI score in January, up from December’s 48.7 rating.
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.
US manufacturing sees expansion in July, says Feds
The US manufacturing industry has shown growth beyond initial projections in July, according to a Reuters report citing the US Federal Reserve.
The Federal Reserve...
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.
NZ’s manufacturing PMI plunges to 43.1 in December – BusinessNZ
New Zealand’s manufacturing industry saw further contractionary conditions in the last month of 2023, according to the latest BusinessNZ Performance of Manufacturing Index (PMI).
DroneShield to supply equipment, services with $33m US gov’t contract
Counter-UAS solutions manufacturer DroneShield has received a record $33 million order from a U.S. government agency to supply equipment as well as multi-year services.
ClearVue Technologies appoints Martin Deil as CEO
Smart building materials company ClearVue Technologies has tapped Martin Deil as its Chief Executive Officer as the company looks to expand its global footprint with a focus on the US and European markets.
Titomic expands Triton Systems partnership with new manufacturing purchase order
Metal additive manufacturing company Titomic has received a $260,000 purchase order from Triton Systems for the supply of components produced using Titomic’s additive manufacturing technology Titomic Kinetic Fusion (TKF).
First Graphene, partners secure CRC-P grant for graphene-enhanced solar cell research
Graphitic materials supplier First Graphene said its collaborative project with Halocell Energy and the Queensland University of Technology to commercialise perovskite solar cell fabrication has received a Cooperative Research Centres Project (CRC-P) grant worth $2 million.
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
