Wednesday, October 21, 2026

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

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. 

Schaffer posts $5m NPAT in FY23 half-year results

Automotive leather manufacturing company Schaffer Corporation Limited has reported 1H23 statutory net profit after tax (NPAT) of $5.1 million, reflecting a difficult first half for the Automotive Leather Division.

IperionX to supply recycled titanium powder to SLM Solutions

IperionX Limited, a provider of sustainable titanium technologies, is delivering spherical titanium metal powders to global additive manufacturing system provider SLM Solutions under a newly signed memorandum of understanding (MOU). 

Origin Energy invests $4 million in Allegro’s Redox Flow Battery development

Australian energy giant Origin Energy Power has purchased a 5 per cent equity stake in ReNu Energy’s investee company, Allegro Energy, for a total of $4 million. 

Quickstep looks to expand Aftermarket unit after review

Quickstep, a leading aerospace composite business in Australia, has decided to keep its Aftermarket business as a core part of the company and is planning to enhance the business through several new growth initiatives 

JP Morgan: Global factory activity expands for second month in September

Global manufacturing activity continued to expand in September, supported by rising output and new orders, according to the latest JP Morgan Global Manufacturing PMI report, compiled by JP Morgan in partnership with S&P Global Market Intelligence, ISM, and IFPSM.

Rio Tinto expands US production with new copper supply investment

Rio Tinto is strengthening its position in the US copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah, through funding worth $498 million intended for the development of an area known as the North Rim Skarn (NRS).

Saunders to overhaul bp’s biofuel storage in Western Australia

Engineering and construction company Saunders International Limited has secured a $42 million contract to provide tank refurbishment and modification services for bp’s renewable fuels project in Western Australia. 

THL to buy SA’s leading RV dealer Camperagent RV

ASX-listed Tourism Holdings Limited (THL) has signed an agreement to acquire Camperagent RV Centre, an RV sales dealership based in South Australia. 
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Modular switchgear built for faster, verified panel builds

As switchboard builders face tighter programmes and increasing scrutiny around compliance, the way enclosure, busbar and separation concepts work together has a direct impact on build time and verification effort.