“This investment will build capacity and enable us to be producing…uncrewed aircraft, as you say, in 2024-25 in an extremely short period of time.”
The remaining $24.6 million announced under for companies the Modern Manufacturing Initiative Translation Stream were:
- $8 million for Hypersonix Launch Systems manufacture a hypersonic target drone
- $4.3 million for DefendTex Research Labs to manufacture guided warheads for unmanned aircraft, missiles and small arms systems
- $3 million for ANCA for manufacturing cells for precise CNC grinding for larger defence components
- $2.1 million for Sentient Vision Systems to manufacture ViDAR pods
- $2 million for Thomas Global Systems to manufacture next-generation avionics and high integrity defence electronics
- $1.8 million for Craig International Ballistics for an automated high pressure composite panel manufacturing line for complex anti-ballistic products
- $1.7 million for Marand Precision Engineering for a welding centre for military platforms using high-grade ballistic steels
- And $1.4 million for Extel Technologies to onshore manufacture of electronics sub-assemblies.
Picture: Boeing
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45.0¢ |
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Mkt cap ! $40.86M |
Open | High | Low | Value | Volume |
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1 | 12643 | 45.0¢ |
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Price($) | Vol. | No. |
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1 | 691 | 0.445 |
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1 | 30000 | 0.435 |
1 | 30000 | 0.430 |
Price($) | Vol. | No. |
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0.535 | 1689 | 1 |
0.550 | 1634 | 1 |
0.570 | 20534 | 1 |
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0.610 | 21413 | 1 |
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