Tuesday, April 22, 2025

Quickstep to supply F-35 vertical tail components in new contract

Quickstep Holdings has secured an $11.3 million purchase order for its Lot 17 F-35 vertical tail components from Marand Precision Engineering, a longstanding to Quickstep on the F-35 program. 

ReNu Energy invests in Vaulta’s recyclable battery casing technology

ASX-listed company ReNu Energy is expanding its renewable and clean energy portfolio with a $1 million investment in Australian battery casing tech company Vaulta. 

Small business optimism declines as expectations for better business conditions worsens in December

The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.

First Graphene and Suvo Strategic Minerals to collaborate on low-emission cement and concrete

First Graphene Limited (ASX: FGR; “First Graphene” or “the Company”) is pleased to announce it has entered into a joint development agreement (JDA) with fellow ASX-listed company Suvo Strategic Minerals Limited (ASX:SUV; “Suvo”) to research and develop low-emission cement and concrete products.

Cann Group names Peter Koetsier as new CEO

Cann Group, a leading manufacturer and supplier of innovative cannabis medicines, appointed Peter Koetsier as its new chief executive officer, effective 16 January 2023. 

Welding company K-TIG bags $600,000 order for turnkey welding system

K-TIG Limited has received a $600,000 supply and onsite commissioning order from Brewery Chemical & Dairy Engineering for the development of a Linear Precision Grow Line Circumferential Welding System

AstraZeneca backs LBT Innovations’ drug manufacturing AI development

LBT Innovations has partnered with AstraZeneca to develop artificial intelligence software that would be used in drug manufacturing. 

DroneShield secures another $11m government order for counter-drone system

ASX-listed DroneShield said a government agency customer has made an $11 million purchase order for its counter-drone/counter-unmanned aircraft systems (UAS) equipment

Australian private sector continues to slow down in December

The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output. 

US manufacturing sector sees fastest PMI deterioration in December

US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...
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