Quickstep releases financial results for first half of FY23
Aerospace and composites manufacturing giant Quickstep Holdings has generated total revenue of $45.4 million for the first half of fiscal year 2023, which ended 31 December 2022.
JP Morgan: Global manufacturing momentum eases as PMI slips in November
Global manufacturing growth eased in November as the JP Morgan Global Manufacturing PMI slipped to 50.5, down from 50.9 in October, marking the lowest reading in the current four-month expansion.
Orbital UAV clinches $1.5m grant from gov’t following performance milestone
Australian drone manufacturer Orbital UAV has secured a $1.5 million grant from the Department of Jobs, Tourism, Science & Innovation, after the company reached an agreed performance milestone during the second half of 2023.
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.
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.
Austal’s EBIT rises to $56.5M in FY2024 amid record $12.7B order book
Austal Limited announced its financial results for the fiscal year ending 30 June 2024 (FY2024), reporting a significant turnaround with Earnings Before Interest and Tax (EBIT) of $56.5 million.
XTEK ships HighCom Armor equipment to US agency
XTEK Limited’s HighCom Armor Solutions has completed the manufacturing and delivery of more than 20,000 individual items for specialist ballistic protection equipment for a US federal government agency.
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).
Australian manufacturing PMI sees stability amid improvement in new orders
Australia’s manufacturing sector has seen a further expansion in February amid a moderated decrease in new orders as firms worked through their outstanding orders.
Titomic’s glass mould coating system clears European site acceptance test
Additive manufacturing company Titomic Limited said its glass mould coating system delivered to Vetropack in Austria has passed TUV Austria’s site acceptance test.
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Australian Manufacturing Week 2026 to make Brisbane debut
Australia’s leading advanced manufacturing showcase, Australian Manufacturing Week (AMW), is set to return in 2026, marking its first-ever event in Brisbane.
