BAE Systems builds momentum after winning record $65b in new orders
BAE Systems has delivered another strong year of performance in 2022, both financially and operationally, with a record order intake of £37.1 billion (AUD 65.4 billion), driving the company’s defence order backlog up to £59 billion (AUD 104 billion).
MIT researchers develop 3D-printed heart that functions like a real one
Engineers at the Massachusetts Institute of Technology have devised a method for 3D printing a soft and flexible replica of a patient's heart in the hopes of helping doctors tailor treatments to patients’ specific heart form and function.
TCL doubles down on smart manufacturing for air conditioning production
TCL Electronics has completed Phase I of TCL Wuhan Intelligent Industrial Park, reiterating its smart manufacturing commitments to support the production of premium air conditioners with an annual manufacturing capacity of over six million units.
Vast Solar to join NYSE list after merger deal with Nabors
Renewable energy technology firm Vast Solar has entered into a Business Combination Agreement with Nabors Energy Transition Corp. (NETC) valued at $586 million – a deal that will result in Vast listing on the New York Stock Exchange while remaining headquartered in Australia.
Scientists discover new strategy to 3D-print life-like organs
A group of researchers from the University of Colorado has created a new method for converting medical images, such CT or MRI scans, into detailed 3D models on the computer.
EOS seeks green light as Ukraine weapons systems provider
ASX-listed defence and space company Electro Optic Systems is engaged in active contract negotiations on the prospective supply of a significant number of Remote Weapons Systems (RWS) and related components and spares for Ukraine.
Weber State University uses 3D printing to advance aerospace research
Weber State University is using 3D printing to advance its research on composite materials that support northern Utah’s aerospace and defence ecosystem.
UK car production slumps, while EV manufacturing surges in 2022
The latest result rounds off a volatile year for UK car production, with output down by 17.9 per cent in the month after growth in October and November, with most of the year’s volume loss occurring in the first half.
Sikorsky marks delivery of 5,000th Black Hawk with potential for new US orders
Lockheed Martin subsidiary Sikorsky reached a major milestone in January with the delivery of its 5,000th “Hawk” variant helicopter at its Stratford, Connecticut assembly facility.
Global CEO confidence collapses to bleakest record in 12 years
Chief executive officers around the world are expecting a bleak future, with nearly three-quarters of them believing that global economic growth will decline over the next 12 months.
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
