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.Â
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.Â
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...
Output, new orders drag down Global Manufacturing PMI in December
The global manufacturing sector experienced a further decline in December as a result of the downfall in output and new orders.Â
The latest J.P. Morgan...
Australian Manufacturing PMI declines to 50.2 in December— Judo Bank
Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2.Â
AIB Ireland Manufacturing PMI: New orders fall at faster rate in December
The Irish manufacturing sector recorded a second month of deteriorating operating conditions in December as new orders fell sharply, according to the latest AIB PMI® data.Â
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.Â
AM market exceeds $3B revenue in Q3 2022
The additive manufacturing market has seen a continuous year-over-year growth for the third quarter of 2022, marking the fourth consecutive quarter that the entire AM industry saw revenue exceeding $3 billion.Â
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.Â
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AI & Manufacturing Month with Australian Manufacturing
As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.Â
