Market News

ReNu Energy has completed its third tranche investment in battery casing technology company Vaulta Holdings valued at $250,000 through the exercise of options from the first two tranches made in January and April. 

Sustainable titanium metal producer IperionX Limited has completed a $20 million placement to advance and scale the company’s patented titanium technologies. 

The Australian Industry Group’s latest Australian Performance of Manufacturing Index (PMI) has shown a weaker rate of expansion compared to the industry’s performance in...

Drone manufacturing company Nightingale Intelligent Systems has ventured into a partnership with Amazon Web Services (AWS) to integrate the Blackbird Security Drone sensor data with AWS systems to create a highly advanced data analytics platform for intrusion detection, navigation, and life-safety use cases. 

Metal additive manufacturing company Titomic has received a $400,000 CoBRAIN grant as part of the European Union’s Horizon Europe initiative. 

ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.

A recent report from SmarTech Analysis revealed that the global dental 3D printing industry is expected to grow from $4 billion in 2022 to slightly over $9.7 billion by 2031, accounting for nearly one-third of the overall additive manufacturing (AM) market.

BlueScope Distribution Melbourne has completed the installation of its new CNC flatbed aluminium routing machine, which will enable the processing of products for customers across a wide range of manufacturing industries. 

SmarTech Analysis' new report, "Additive Manufacturing Post Processing: State of the Market and Looking Ahead," provides the necessary raw data and analysis for management, investors, users, product planners, and marketers to further their understanding of this critical path in the AM workflow.

Australia’s manufacturing sector experienced a further slowdown in growth in June, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index™ (PMI) data.