Australian team discusses composite hypersonic UAV project to begin in July
Hypersonix leads a CRC-P grant-funded hypersonic UAV project with Romar, LSM and USQ, starting July; Romar's earlier federal grant is also recalled.
Also @AuManufacturing
Startup · $5.8m raised
Sydney, NSW
Every investor coverage indicates participated in a round Romar Engineering raised.
| Investor | Rounds | Invested |
|---|---|---|
| Modern Manufacturing Initiative | Grant | - |
| Federal Government | Grant | $5,800,000 |
| Australian Government | Grant | $5,800,000 |
Companies Romar Engineering acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Alan Lipman | CEO | @AuManufacturing (Tue 29 Mar 2022), @AuManufacturing (Thu 15 Jul 2021) |
| Steve Milanoski | Head of Advanced Manufacturing | @AuManufacturing (Tue 29 Mar 2022), @AuManufacturing (Thu 9 Dec 2021), @AuManufacturing (Wed 7 Jul 2021) |
| Steven Milanoski | Head of Advanced Manufacturing | @AuManufacturing |
Stories naming Romar Engineering. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Hypersonix leads a CRC-P grant-funded hypersonic UAV project with Romar, LSM and USQ, starting July; Romar's earlier federal grant is also recalled.
Also @AuManufacturing
Year-end review of Australian additive manufacturing in 2021: MMI grants for Romar, Titomic and SPEE3D, Titomic's raises and acquisitions, Conflux's Series A, Aurora Labs' capital raise and leadership changes, and AML3D's listing anniversary.
Four Australian space manufacturers won federal grants nearing $14 million via the Modern Manufacturing Initiative, funding quantum sensing, rocket engines, titanium printing and fluid control products for domestic and export markets.
Five Australian spacetech firms won federal grants: EffusionTech, Romar Engineering, Titomic and Q-CTRL under the Modern Manufacturing Initiative, and Valiant Space for a Moon to Mars thruster feasibility study.
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