Market News

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. 

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

Additive manufacturing company Amaero International has announced the settlements of two disputes over a cancelled titanium powder production facility in Victoria. 

BAE Systems Australia has purchased Radio Frequency Systems (Australia), a wholly owned subsidiary of Radio Frequency Systems (Germany), following the company's German parent's decision to exit the defence market.

The February Manufacturing PMI in the United States of America has registered 47.7 per cent, 0.3 percentage points higher than the 47.4 per cent recorded in January, according to the nation's supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business.

Australia’s manufacturing sector returned to expansion in November, supported by rising new orders and production, according to the latest PMI data from S&P Global.

The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld. 

3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock. 

Australian aerospace company Quickstep Holdings is set to provide component repair services in support of Alliance Services’ fleet of Embraer E190 aircraft. 

Novonix, an ASX-listed manufacturer of battery materials and technology, has announced the results of the Hatch engineering report on its proprietary cathode synthesis process.