Technology

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. 

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. 

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 Battery Technologies has secured a series of international patents and patent families to further position it towards becoming a global battery materials manufacturer. 

Australian marine systems manufacturer VEEM Limited has executed an agreement with Singapore-based Strategic Marine for the latter to employ small and medium size VEEM gyrostabilisers exclusively on the vessels it builds. 

The Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) has initiated its first research partnership with Gilmour Space Technologies and the University of Queensland (UQ)  which might result in the creation of a low-cost solution for safeguarding space launch vehicles and spacecraft from intense heat and pressure.

MITS Alloy announced a number of initiatives to strengthen its manufacturing capabilities in order to expand its global footprint and customer reach, including the transition to a new manufacturing facility and the development of its distribution partner platform in the United States, South America, and Indonesia.

Defence and space company Electro Optic Systems (EOS) has opened its new R150 Remote Weapon System (RWS) production line at its manufacturing facility in...

Researchers from the Australian Institute for Bioengineering and Nanotechnology (AIBN) at the University of Queensland have developed powdery "nanoprobes" from baker's yeast that may one day be used to quickly and cheaply identify viruses in an environment.

Global semiconductor developer BluGlass Limited is slated to unveil its improved gallium nitride (GaN) products at the Laser World of Photonics, Europe’s industry conference, taking place in Munich, Germany this week.