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.
Queensland seeks comments on new VET Strategy to meet skills demand
The Queensland government has launched a discussion paper to inform the development of the state’s new Vocational Education and Training (VET) Strategy, which will drive the state’s annual $1.2 billion investment in skills and training.
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.
ANZ businesses need ESG scorecard boost to attract investors, research reveals
A study conducted by Intuit Research has highlighted the significance of environmental, social and governance (ESG) sustainability scorecard for businesses in Australia and New Zealand to attract more investors.
Quantum tech company Q-CTRL begins work on new global HQ in Sydney
Quantum technologies developer Q-CTRL has begun the construction of a new global headquarters in Sydney that will accommodate its growing team and drive innovation in the industry.
Australian company Sicona buys patents for advanced battery materials
Australian company Sicona Battery Technologies has secured a series of international patents and patent families to further position it towards becoming a global battery materials manufacturer.
Federal gov’t unveils Rail Industry Innovation Council’s chair, members
The Australian Government has established a new Rail Industry Innovation Council to streamline practices that will drive growth in the industry.
Origin Energy invests $4 million in Allegro’s Redox Flow Battery development
Australian energy giant Origin Energy Power has purchased a 5 per cent equity stake in ReNu Energy’s investee company, Allegro Energy, for a total of $4 million.
International expert to discuss renewable energy revolution at National Manufacturing Summit
International trade and economy expert Adam Hersh is set to discuss the opportunities and challenges presented by Australia’s renewable energy revolution at the upcoming National Manufacturing Summit in Canberra.
Public feedback sought for new $392 million Industry Growth Program
The Australian government has begun soliciting public feedback on the new Industry Growth Program (IGP), which will support small businesses in realising and commercialising their product ideas.
Featured Article
Automotive canopy and tray manufacturer manages 6,000 SKUs with self-implemented ERP
Australian automotive accessories manufacturer Trig Point self-implemented an ERP system in just three months and gained control over its unwieldy component inventory, product customizations, and production processes. “We wouldn’t be able to manage that without a system like this,” says Chris Wasylkiw, Production Engineer.
