French space deal for Adelaide armor maker
Adelaide light armor maker XTEK has signed a memorandum of understanding with a French company to help the two companies advance their international space market programs.
Under the agreement with Toulouse-based MECANO ID, XTEK will provide advanced composite products while the French company will provide space systems development services to XTEK.
The two companies will work in partnership to seize opportunities in the international and Australian space market.
Based in Canberra, XTEK has based its R&D operations in Adelaide for the past 13 years, developing armor plates and lightweight helmets as well as rifles and other defense related products.
XTEK launched its state-of-the-art manufacturing center in the northern suburbs of Adelaide last year, where it manufactures ballistic armor plates and lightweight helmets.
U.S. Compliant Small Arms Protective Insert Plates are reportedly up to 30% lighter than other products and have potential for buoyancy, while lightweight helmets can stop bullets and AK fragments. -47 MSC.
XTEK also has a memorandum of understanding with the Australian Space Agency and is working with space engineering services company Skykraft to manufacture new parts for small spacecraft and launcher systems.
MECANO ID is an accredited space systems supplier primarily dedicated to spacecraft structures and is recognized by the French Space Agency CNES as an industry leader in the development of advanced mechanical and thermal systems for spacecraft and payloads. space.
A supplier of high pressure equipment to the mineral exploration industry, Western Air will become the first privately held company to open offices at the Tonsley South Australian Drilling Library.
The Adelaide-based company custom designs and builds portable air compressors for drilling rigs, which are essential in the mineral exploration and oil and gas industries locally and internationally.
A pioneer in the development of high pressure compressors and boosters for over 40 years, Western Air works with the Australian supply chain to ensure that its equipment is the safest available, tailored to the specific needs of mineral exploration.
Gary Algate, managing partner of Western Air, said working with the Department of Energy and Mines and creating an office at the Drill Core Library has created a natural partnership with industry.
“The South Australian Drill Core Library recognizes the rich history of the state’s mining and resource sector and the role it plays in international mineral exploration,” he said.
“By being located here, we can create stronger partnerships with companies that undertake mineral exploration and support them in building a stronger resource industry in the future.”
The South Australian Drill Core Library contains 130 years of mining samples and is known as one of the most advanced drill core libraries in the world.
Department of Energy and Mines Director, Geological Survey of South Australia, Rohan Cobcroft, said having Western Air work at the Drill Core Library would help strengthen the reputation of the compound as a new site. hosting businesses looking to expand in South Australia and support innovation.
The team behind market research firm Square Holes is launching a brand agency this week that will use data and insights from nearly two decades of research to help Australian brands grow and look beyond their own. borders.
Called Budgie Love – nodding to one of Australia’s most beloved ‘exports’ – the agency is the direct result of research conducted by Square Holes that illustrated the struggle of local brands to grow due to the dominance of global brands in Australia.
Square Holes founder Jason Dunstone said the new company built on recent work from local brands including Haigh’s, Redarc, Mayne, Bickfords and Peregrine, which showed consumers were saying they were ready to ‘buy local but when it comes to actual purchases, the price mostly wins. .
“In recent years, there has been a greater intention to encourage buyers to buy local and even enjoyable reversals of exported manufacturing, and the ownership of Australia’s icons reverting to local ownership,” he said. -he declares.
“But our research in the high-choice categories shows that consumers are more brand independent, less loyal, and used to repeat purchases.”
He said the new agency has an international team behind it who will give clients a new perspective on their local brand and how it can compete.
Family-owned hotel group Matthews Hospitality announced last week that it has purchased the Salisbury Hotel, adding to its growing portfolio of regional pubs and tube stations, which also includes Feathers Pavilion, Maylands Hotel, Buckingham Arms Hotel and Mount Gambier Hotel.
The acquisition was part of a $ 13 million investment in Matthews Hospitality properties that included renovations to the Maylands Hotel, which are expected to be completed next month. The group is also preparing to begin a $ 1.1 million upgrade to the Mount Gambier hotel.
He said the purchase brought his workforce to around 350 people at the sites.
Matthews Hospitality CEO Andrew Kemp said the Salisbury Hotel would expand the group’s presence in the northern suburbs.
“We currently have a strong presence in the Eastern Suburbs and region of South Australia and we are now eager to bring our customer-centric hospitality approach to the Salisbury community,” he said.
“We want to retain everything that guests love about the Salisbury Hotel while enhancing its offering with an expanded bistro layout and dining offering.
“The resurgence of intra-state travel in the aftermath of COVID-19 has resulted in strong patronage at our regional hotels and we are happy to create new tourism experiences in the Southeast.”
Last year, the group split their pub portfolio as part of a succession plan, with Lisa, Scott and Ward Matthews retaining ownership of the company’s name and brand.
Matthews Hospitality was founded during World War II by Seymour and Doris Matthews with the lease of the Bayview Hotel in Whyalla and has since held a total of 36 hotel and freehold licenses.
LBT Innovations, an Adelaide-based medical technology company, has sold two of its pathology screening technology devices in the UK.
It follows clinical evaluations of the modules by the Health Service Laboratory in the UK. The company also completed a clinical evaluation at the Royal Adelaide Hospital, which it said achieved the intended results and reported the ease of use of the instrument.
LBT’s partner Clever Culture Systems, which owns a 50% stake in artificial intelligence, completed the sale of LBT’s flagship product – the Automated Plate Assessment System (APAS) – which was developed in collaboration with scientists from the Australian Institute at the University of Adelaide. Machine Learning in order to reduce waiting times in pathology.
The APAS machine automatically filters, interprets and sorts agar plates for the presence of clinically significant bacteria. It also provides intelligent interpretation of images and shows the potential for wider applications through a series of pathological tests.
Last year, the company installed the first Independent APAS in London’s Health Service Laboratory.
The machine has obtained regulatory approval from the FDA, TGA and CE mark, and LBT began contract negotiations with distribution partners in the United States last month, which are expected to be completed by the third quarter. from 2021.
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