Eurozone’s final manufacturing PMI in 2022 rises to 3-month high
Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers.
Digital twin platform developer Pointerra signs partnership to enter Middle East market
Australian AI technology company Pointerra Limited has signed a reseller agreement with digital systems integration company eSolutions to distribute the Pointerra 3D Digital Twin Platform in the Middle East Region.
XTEK wins new purchase order to support Australian Defence’s SUAS capability
ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022.
Australian manufacturing sector faces steepest decline since May 2020, Judo Bank PMI shows
The latest data released by Judo Bank reveals a concerning trend for Australia's manufacturing sector, as conditions deteriorated at the fastest rate since May 2020.
Global 3D printing market reaches $3.7b in Q1 2023 with 10% sequential growth
Despite growing economic difficulties in the additive manufacturing (AM) global market, the first quarter of 2023 saw double-digit sequential growth to USD 3.7 billion (AUD 5.5 billion) compared to USD 3.4 billion (AUD 5 billion) during the same period of the prior quarter in, according to latest data from SmarTech Analysis.
BluGlass receives additional GaN laser purchase orders
Semiconductor manufacturing company BluGlass Limited has secured two more purchase orders for its single-mode and multi-mode violet 405nm and blue 450nm gallium nitride (GaN) lasers in flexible form factors.
Sparc Technologies secures nearly $1 million in R&D tax refund
Australian graphene production company Sparc Technologies has received a $934,195 research and development tax refund as part of the Australian government’s R&D tax incentive, relating to the 2022 financial year.
Australia’s private sector sees slower contraction in January, says Judo Bank
At the onset of 2024, Australia's private sector faced continued challenges, with the Judo Bank Flash Australia Composite PMI Output Index reporting a reading of 48.1 in January, indicating a fourth consecutive month of business activity decline.
Bosch hits 2022 targets, secures growth opportunities
German engineering company Bosch said it was able to boost sales and performance in the fiscal year 2022 “despite the challenging macroeconomic situation” with overall sales of €88.4 billion (AUD $137.5 billion), according to preliminary figures.
Metal 3D printing market size to worth around USD $16b by 2031
A recent report from SmarTech Analysis revealed that the metal additive manufacturing (AM) services revenue is forecasted to reach USD 16.1 billion (AUD 24 billion) by 2031.
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Automotive canopy and tray manufacturer manages 6,000 SKUs with self-implemented ERP
Australian automotive accessories manufacturer Trig Point self-implemented an ERP system in just three months and gained control over its unwieldy component inventory, product customizations, and production processes. “We wouldn’t be able to manage that without a system like this,” says Chris Wasylkiw, Production Engineer.
