Friday, January 31, 2025

Metal 3D printing market size to worth around USD $16b by 2031

A recent report from SmarTech Analysis revealed that the metal additive manufacturing (AM) services revenue is forecasted to reach USD 16.1 billion (AUD 24 billion) by 2031.

Rockwell Automation’s global study reveals 85% of automotive manufacturers to maintain, grow workforce

Manufacturing is becoming more innovative in the automotive sector, with advancements such as driverless technology and sustainability, particularly with the growing popularity of electric vehicles. 

Authentise releases ChatGPT-powered 3D printing database

Authentise, a workflow software business specialising in engineering and manufacturing solutions, has launched 3DGPT, a comprehensive database of additive manufacturing (AM) knowledge that uses OpenAI's ChatGPT platform and is free to the public. 

Weighing in on Australia’s preparedness for automation gold rush

Industrial automation has seen strong market growth in recent years as the global sector reaches USD 196.6 billion in 2021 and is anticipated to surpass USD 412.8 billion by the end of the decade. 

CSIRO invests $25 million in new program to bolster Australia’s biotechnology industry

CSIRO has announced a four-year, $25 million investment in a new program that will combine engineering and biology to drive innovations within the biotechnology industry.

Orbital delivers new engine prototypes to Textron Systems for evaluation

Perth-based Orbital Corporation has delivered the first new engine prototypes for the second engine program with Textron Systems, one of the world’s largest suppliers of tactical unmanned aerial vehicles (TUAVs).

Vaxxas unveils positive clinical trial results for needle-free COVID-19 vaccine

Australia biotechnology company Vaxxas said it achieved positive interim results from a Phase I human clinical trial with the first needle-free COVID-19 vaccine candidate. 

Titomic unveils sale of Integrated Spray Booth to Perron038

Titomic, a metal additive manufacturing company, has sold its Integrated Spray Booth system to innovative centre Perron038 valued at $710,000.

Queensland’s biotech industry to take centre stage at BIO Convention

Queensland universities, research institutions, and leading businesses in the biomedical industry are set to showcase their innovations at the largest biotechnology conference in the world, the BIO International Convention in the United States. 

Stratasys gets takeover bid from US firm 3D Systems

3D Systems has submitted an unsolicited proposal to acquire Israeli 3D-printing firm Stratasys, which recently entered into a USD 1.8 billion merger agreement with Desktop Metal in late May.
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Data-rich or data-poor: Where should manufacturers focus their AI efforts?

Over the past year, manufacturers worldwide have made significant strides in adopting artificial intelligence technologies, moving beyond the initial hype to tangible implementations that deliver real business value.