World News

Canadian clean technology company Loop Industries has secured a potential order from sportswear brand On AG for volumes of 100 per cent recycled virgin quality Loop PET resin. 

American additive manufacturing company Markforged has reported that its first quarter results revenue increased by 10 per cent, to $24.1 million (AUD 36 million) from $21.9 million (AUD 32.7 million) in the same period of the prior year. 

State Trade and Investment Minister Nick Champion is meeting with London-based global nuclear and defence companies Rolls Royce and Babcock International today to explore potential investment opportunities in the AUKUS submarine program.

Global mining equipment designer and manufacturer Austin Engineering has sold its first Mainetec-designed dipper bucket to a customer in the United States. 

Immuron, an Australia-based biopharmaceutical company, is slated to move forward with the clinical evaluation of a new oral therapeutic targeting Campylobacter and Enterotoxigenic Escherichia coli (ETEC) following approval from the US Food and Drug Administration (FDA).

Meyer Burger, a Switzerland-based active mechanical engineering company, is set to enter the growing Australian photovoltaic (PV) market by offering a range of high-performance solar panels that it claims deliver greater energy yields than traditional technologies.

Australian space launch provider Southern Launch has signed a Memorandum of Understanding with UK-based Space Forge to explore possibilities of Satellite Return to Southern Launch’s Koonibba Test Range, further expanding the in-space manufacturing market. 

The Northern Territory’s Deputy Chief Minister Nicole Manison has arrived in Seoul, South Korea to engage in direct meetings with potential investors to re-establish strong relationships focusing on the critical minerals and renewable technologies sectors

Defence and space company Electro Optic Systems (EOS)  announced that its EOS Defence Systems business has secured a second conditional contract to supply up to 50 Remote Weapon Systems (RWS) to Ukraine, including ammunition, spares, and related services.

Researchers at the Massachusetts Institute of Technology have utilised additive manufacturing to 3D-print a miniature version of a type of vacuum pump, known as a peristaltic pump, which could be a key component of a portable mass spectrometer that could help monitor pollutants or test Martian soil.