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The state of Australia’s defence manufacturing

Manufacturer's Monthly

A snapshot of global defence manufacturing Current data illustrates the dominance of U.S. Although the United States dominates global arms manufacturing, Australian company, Austal Limited, has made it into the top 100, ranking 91st in terms of revenue among all arms manufacturers globally. What does Australia manufacture?

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AMSL Aero draw further investment from IP Group to develop VTOL aircraft

Manufacturer's Monthly

Compared to standard aircraft, the Vertiia needs fewer parts and uses cheaper low-emissions energy sources. IP Group then invested in AMSL’s first funding round in 2019 and in further rounds as the company has grown. The Vertiia takes off like a helicopter before changing to fly like a plane, which is a more efficient way of flying.

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Cornerstone Robotics brings in $70M to scale Sentire endoscopic system globally

Robotics Business Review

Source: Cornerstone Robotics Cornerstone Robotics Ltd., ” Founded in 2019, Cornerstone has offices in Hong Kong and the Greater Bay Area. “After five years of efforts, we have achieved independent R&D and manufacturing, and received recognition from the NMPA in 2024,” Au added.

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Geoff Crittenden – A snapshot of Australia’s manufacturing industry

Manufacturer's Monthly

Weld Australia insists that manufacturing plays a crucial role in technological advancement, research, and development for Australia. In 2019, the Federal Government released Australias National Hydrogen Strategy. It may help us turn back time and rebuild our once flourishing manufacturing industry. Just to name a few: 1.Australia

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U.S. automotive industry increased robot installations by 10% in 2024

Robotics Business Review

A FANUC robot working in car manufacturing. Source: FANUC America The latest numbers of the International Federation of Robotics (IFR’s) show automakers in the U.S. However, in other key areas of manufacturing automation, the US lags behind its competitors. have been investing more in automation.

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ABB plans to spin off its robotics division

Robotics Business Review

Source: ABB One of world’s top industrial automation providers is becoming more independent. Source: ABB ABB Robotics is global No. The company cited the “ABB Way” decentralized business model, under which “ABB Robotics has proven its double-digit margin resilience in most quarters since 2019.”

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CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

Source: CynLr CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. Gokul NA and Nikhil Ramaswamy founded CynLr in 2019. CynLr CLX-01 stack provides real-time, versatile vision CynLr said its mission is to simplify automation and optimize manufacturing processes for universal factories.