Rheinmetall

Advanced Navigation raises $158 million Series C round with NRFC backing

Navigation technology firm Advanced Navigation has banked a $158 million Series C, with Airtree leading and Quadrant plus the NRFC taking part, funding global expansion and Australian manufacturing scale-up.

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Michelle Toscan appointed APAC head at Advanced Navigation

Advanced Navigation has hired Michelle Toscan to lead its Asia-Pacific operations, tasking her with defence and government engagement as the navigation systems maker supplies primes including Rheinmetall and Boeing.

Elexon Electronics invests $4m in industry 4.0

A Brisbane electronics manufacturer has spent close to $4 million on automation and inspection equipment, aided by Queensland and federal grants, and now supplies defence customers including EM Solutions and Rheinmetall.

Titomic completes major leadership overhaul with new CEO

Titomic appoints Norbert Schulze interim CEO while founder Jeff Lang shifts to executive director and CTO, completing a year of board and senior leadership changes including a new chairman and directors.

Titomic appoints new chairman

Titomic names Andreas Schwer chairman after Philip Vafiadis resigned, with Dag Stromme and Humphrey Nolan also joining the board; founder Jeff Lang welcomes Schwer's defence and aerospace background.