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XTEK’s HighCom receives $2.8M ballistic armour order from int’l customer

XTEK Limited’s HighCom Armor Solutions business has secured a $2.8 million order to supply its high-end ballistic body armour products to an undisclosed international customer. 

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. 

Advanced manufacturer XTEK Limited wins new spare parts order from Defence

Advanced composites manufacturer XTEK Limited has received new purchase orders totalling A$8.1m from Defence. The contract includes $5.7 million SUAS spare parts orders and a...
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.