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Weebit Nano to advance semiconductor memory tech commercialisation with $45m placement goal

Advanced semiconductor memory technology Weebit Nano has launched a fully underwritten institutional placement to raise approximately $45 million in a bid to accelerate the development and commercialisation of the company’s advanced ReRAM semiconductor memory technology.

Orbital UAV secures $3m WA grant following performance milestone

Uncrewed aerial vehicle manufacturer Orbital UAV has received a $3 million grant from the Western Australian government after the company reached an agreed performance milestone during the second half of 2022. 

5E Advanced Material announces new CEO

Boron and lithium manufacturer 5E Advanced Materials has named Susan Seilheimer Brennan as its new CEO beginning on 24 April. 

Archer Materials announces ‘considerable progress’ in 12CQ chip development

Semiconductor manufacturer Archer Materials said it is proceeding to wafer-scale quantum electronic device fabrication with the development of its 12CQ chip. 

PPK Group to purchase material interest in PowerPlus Energy

ASX-listed PPK Group Limited has begun a series of conditional transactions to acquire a material interest in Australia-based privately owned lithium battery manufacturer PowerPlus Energy. 

BluGlass receives additional GaN laser purchase orders

Semiconductor manufacturing company BluGlass Limited has secured two more purchase orders for its single-mode and multi-mode violet 405nm and blue 450nm gallium nitride (GaN) lasers in flexible form factors. 

BlueScope Distribution launches new aluminium routing machine

BlueScope Distribution Melbourne has completed the installation of its new CNC flatbed aluminium routing machine, which will enable the processing of products for customers across a wide range of manufacturing industries. 

Titomic expands Triton Systems partnership with new manufacturing purchase order

Metal additive manufacturing company Titomic has received a $260,000 purchase order from Triton Systems for the supply of components produced using Titomic’s additive manufacturing technology Titomic Kinetic Fusion (TKF). 

Titomic proceeds with TKF commercialisation in new Boeing contract

Titomic Limited has received a purchase order worth more than $132,000 from Boeing Space, Intelligence, and Weapons Systems, for the continuation of the flight qualifications of Titomic Kinetic Fusion (TKF) manufactured components. 

Titomic earns 21% more revenue in H1 FY2023

Metal additive manufacturing company Titomic Limited has seen a 21 per cent increase in revenue in the first half of fiscal year 2023, ending 31 December. 
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy

As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.