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Australian welding industry implements initiatives to improve welder safety

Weld Australia, in collaboration with the industry, government, and statutory bodies, are proposing initiatives to ensure that appropriate strategies are in place to reduce welder exposure to fumes and prevent long-term health effects.

2023 QuantumTX METS incubator program achieves $1m milestone in boosting Australian start-ups

The 2023 QuantumTX METS, Space and Defence incubator program is celebrating its midway mark this week with showcase events at technology and robotics hubs in Sydney and Brisbane after awarding $1 million in assistance to 40 start-ups and small-to-medium businesses across Australia. 

EOS wins $51m contract to supply remote weapon systems to Europe

Electro Optic Systems announced today that its Defence Systems business has secured a contract to supply Remote Weapon Systems (RWS) to a Western European Government, with an estimated value of AUD 51 million.

Austin receives first truck tray order from India

ASX-listed Austin Engineering has received purchase orders for four haul truck trays from a major iron ore producer in India, potentially opening up a significant new market opportunity for its Asia Pacific business. 

iMOVE CRC launches $1m impact fund to bolster tech innovations in transport sector

The iMOVE Cooperative Research Centre (CRC) announced a $1 million funding program for Australian entrepreneurs to speed the development of transportation technologies, goods, and services.

Australian Vanadium executes $49m federal grant to support vanadium battery project

ASX-listed Australian Vanadium Limited (AVL) has executed a $49 million collaboration grant agreement with the Commonwealth of Australia to support the Australian Vanadium Project – one of the most advanced critical mineral vanadium projects being developed globally.

ARENA backs Queensland’s large-scale renewable hydrogen project in Gladstone

The Australian Renewable Energy Agency (ARENA) announced $20 million in financing to Stanwell Corporation Limited (Stanwell) on behalf of the Australian Government to assist a front-end engineering and design (FEED) study for a large-scale renewable hydrogen project in Gladstone, Queensland.

Sparc lauds Australia’s continued support for green hydrogen production in new budget

Australian graphene production company Sparc Technologies has commended the Australian Government’s continued and increasing support for green hydrogen production and science and technology as outlined in the 2023-24 Federal Budget.

Engineers Australia welcomes 2023 federal budget’s commitment to upskilling workforce

Engineers Australia CEO Romilly Madew has welcomed the Australian Government’s 2023 budget for its measures supporting the upskilling of the engineering workforce targeting positive outcomes in AUKUS, manufacturing, sovereign capability, and national energy transition. 

Australian medtech, pharma industries get boost in 2023 Federal Budget

The Federal government has allocated $392.4 million in funding for the establishment of a new Industry Growth Program that would boost the development of priority sectors, such as medtech, biotech, and pharma. 
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