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XTEK to deliver ballistic body armour to European customer

XTEK Limited’s HighCom Armor Solutions business unit has secured a $2.6 million purchase order from an undisclosed European customer for its ballistic body armour.  In...

ReNu Energy invests additional $250,000 in battery casing manufacturer Vaulta

ReNu Energy has completed its third tranche investment in battery casing technology company Vaulta Holdings valued at $250,000 through the exercise of options from the first two tranches made in January and April. 

Archer Materials transfers biosensing graphene tech to commercial foundry

Semiconductor innovator Archer Materials has completed a proof-of-concept biosensing graphene transistor that will be used in its biochip and submitted the technology design to a commercial foundry to verify scalability. 

XTEK receives new SUAS spare parts order from Australian Defence

ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.

Quickstep signs MOU with Alliance to support Embraer E190 fleet

Australian aerospace company Quickstep Holdings is set to provide component repair services in support of Alliance Services’ fleet of Embraer E190 aircraft. 

Avenira extends agreements for upcoming LFP battery manufacturing facility in Darwin

Avenira, an ASX-listed battery cathode project developer, is extending its memorandum of agreements signed with Advanced Lithium Electrochemistry (Aleees) and the Northern Territory Government for the development of downstream manufacturing of Lithium Iron Phosphate (LFP) cathode material. 

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.

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. 

DroneShield launches new DroneLocator firmware for Remote ID detection

Counter-UAS solutions manufacturer DroneShield has rolled out a major firmware update for its global fleet of counter-drone devices. 
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