Amaero announces revised capital expenditure, EBITDA breakeven timeline
Amaero International, an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, USA, has updated its financial guidance, revising key projections for capital expenditures and EBITDA breakeven timelines.
Austin Engineering announces financial report for FY2022
ASX-listed global engineering firm Austin Engineering has reported a 525 per cent growth in net profit after tax (NPAT) in its 2022 financial report.
Austin...
Sparc on track for initial commercial production with ecosparc commission
Sparc Technologies has commissioned its graphene additive product, ecosparc, at its commercial production facility in Adelaide, South Australia.
Germany’s private sector activity sees downturn in August
Market activity in Germany’s private sector slipped for the second consecutive month and at a faster rate, according to the S&P Global’s Flash purchasing...
Report: Additive manufacturing industry sees growth, revenues to hit $25b by 2025
The additive manufacturing (AM) market is predicted to grow at a rapid pace, by roughly 23 per cent, to $13.5 billion (AUD 20.2 billion) in 2022, and is projected to be worth $25 billion (AUD 37 billion) by 2025, based on the most recent market statistics by SmarTech Analysis.
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.
4DMedical partners with Philips to expand US Defence commercialisation
ASX-listed imaging technology developer 4DMedical Limited has signed a teaming agreement with Koninklijke Philips, a leading global healthcare company, to commercialise 4D Medical’s XV Technology within the US Department of Veterans Affairs.
XTEK expects record revenue of $88m in upgraded FY23 forecast
Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million.
Alcoa reports Q4 2023 earnings with focus on cost reduction, production curtailment
In the wake of Alcoa Corp's fourth-quarter 2023 earnings release, ASX-listed Alumina Limited has highlighted key developments in the AWAC joint venture and underscores the company's commitment to navigating the challenging market conditions.
Orbital UAV to raise $4M to boost engine development programs
Orbital UAV is raising $4 million through the issue of approximately 28.6 million new fully paid ordinary shares at an issue price of $0.14 per new share to support its existing engine development programs.
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Manufacturers should do this sooner rather than later, says precision engineer
Australian precision engineering and industrial instrumentation company CENMAC implemented ERP software when it was still a one-man operation. “I couldn’t imagine us growing to this size without MRPeasy,” says Jason Ford, Founder.
