Chief Executive, Aurora Labs
Stories naming Rebekah Letheby. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Aurora Labs has received a Defence Industry Development Grant to help buy production equipment for its small gas-turbine engines used in drones, supporting its sovereign manufacturing push.
Drone propulsion maker Aurora Labs raised roughly $5.5 million in a placement to fund development and grow its Western Australian plant, with Sovereign Propulsion Systems among backers and Bell Potter running the raise.
Aurora Labs has received an Australian Government defence grant of $544,333 to buy production equipment and scale manufacturing of micro gas turbine propulsion systems at its Canning Vale, Western Australia facility.
Roundup covering manufacturing placements by Sparc Technologies and Aurora Labs, Wellnex's planned London listing, an autonomous navy boat trial, a workplace fine, a software degree launch and AusBiotech's next CEO.
Roundup of Australian manufacturing news: OncoSil Medical's capital raising, an NT grant for a water monitoring project, GoZero's preferred supplier appointment, Micro-X's first Argus order, Aurora Labs' defence work, and Monash waste-recycling research.