Counter-UAS manufacturer DroneShield secures R&D contract with Five Eyes Defence Department
DroneShield has been awarded a two-year research and development (R&D) contract for $9.9 million by a Five Eyes Department of Defence (DoD), with approximately $4.5 million expected in the third and fourth quarters of 2023.Â
Australian industry remains in contraction for a year— Ai Group
The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April.Â
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.Â
Titomic secures sales of new D623 system to Germany, Spain
Titomic has received two purchase orders for its newly launched Titomic D623 medium-pressure cold spray system, for a total of $270,000.Â
Quickstep to establish Kansas manufacturing plant to expand US market presence
Aerospace composite manufacturer Quickstep announced the selection of Wichita, Kansas as the preferred location for its first engineering and manufacturing facility in the United States.Â
Manufacturing slips into contraction as inflation pressures mount, S&P Global says
Australia’s manufacturing sector moved back into contraction in March, according to data from S&P Global, with the downturn driven by weaker demand and rising cost pressures linked in part to geopolitical tensions.
US manufacturing records slowest expansion pace in October
The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results.Â
Mobilicom’s Q1 update shows $1.2m new orders for Tier-1 drone manufacturers
Drone manufacturer Mobilicom has continued to fulfil existing contracts and advance potential sales of its mobile ground control system with AUD 1.2 million new orders in Q1 FY23 from over 50 per cent of Tier-1 drone manufacturers.
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).Â
BlueScope confirms earnings guidance for FY2023 1H
Australian steel manufacturer BlueScope’s underlying earnings before interest and tax for the first half of fiscal year 2023 is expected to range between $800 million to $900 million.Â
Featured Article
Good Design Australia opens entries for 2026 awards
For more than six decades, Good Design Australia has celebrated the power of design to shape innovation, industry, and everyday life. Its flagship program, the Australian Good Design Awards, recognises projects that show how thoughtful design can enhance products, services, systems, and communities.
