IperionX inks partnership with Aperam Recycling for 100% recycled titanium supply chain
IperionX has partnered with Aperam Recycling’s American entity, ELG Utica Alloys, to establish a low-carbon, 100-per cent recycled titanium supply chain.
Cann Group expects record revenue growth of 111% in FY23
Pharmaceutical company Cann Group Limited announced its FY23 unaudited results, with its operating revenue expected to be approximately $13.5 million, representing growth of 111 per cent or 2.1 times compared to the prior year revenue.
CIMIC’s Sedgman buys Canadian engineering and metallurgy company Novopro
Sedgman, a CIMIC Group subsidiary, has acquired Novopro Projects Inc, a Canadian engineering and metallurgy firm that provides technical services and process equipment to projects in North America, Europe, Africa, the Middle East, and Australia.
Australian manufacturing sees further decline in June— Ai Group
Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group.
Eurozone manufacturing PMI slips in June demand, production decrease further
Conditions in the Eurozone manufacturing sector have seen a more intense downturn in June, as production contracts for the third month in a row, according to the latest HCOB PMI survey.
Building materials leader CSR agrees to buy Woven Image to scale market offering
Australian building products company CSR Limited has agreed to acquire Woven Image, a leading company in sustainable design-led acoustic finishes and textiles for $43 million.
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.
BAE Systems acquires Radio Frequency Systems as part of national high frequency investment
BAE Systems Australia has purchased Radio Frequency Systems (Australia), a wholly owned subsidiary of Radio Frequency Systems (Germany), following the company's German parent's decision to exit the defence market.
XTEK expects record revenue of $88m in upgraded FY23 forecast
Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million.
3D Systems sets forth an enhanced proposal to merge with Stratasys
3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock.
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Data-rich or data-poor: Where should manufacturers focus their AI efforts?
Over the past year, manufacturers worldwide have made significant strides in adopting artificial intelligence technologies, moving beyond the initial hype to tangible implementations that deliver real business value.
