Startup · $918.9k raised
Bayswater, VIC
Every investor coverage indicates participated in a round RUAG Australia raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Department of Defence | Grant | - |
| Federal Government | Grant | $918,935 |
Companies RUAG Australia 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 |
|---|---|---|
| Stephan Jezler | Senior Vice President Aviation International | @AuManufacturing |
| Terry Miles | General Manager | @AuManufacturing |
Stories naming RUAG Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Federal grants totalling $58.6 million across nine defence manufacturing projects include $34 million for a Boeing-led aerospace network building the Ghost Bat jet in Queensland.
Nine companies received Defence Innovation Hub contracts totalling $19 million to develop technologies for the Australian Defence Force, with RFTEQ winning the largest single award of $5.31 million.
Also @AuManufacturing
Twenty Australian small businesses share more than eleven million dollars in the latest round of a federal defence grants program, with individual awards listed alongside each company's stated purpose and state.
Eight Australian organisations received Defence Innovation Hub contracts worth over $21 million, funding work on imaging systems, unmanned vessels, data protection, aerial video systems, hull repair research and pilot training simulation.
RUAG Australia has received a Defence Sovereign Industrial Capability Priority grant to modernise equipment and strengthen hydraulic component manufacturing and repair capability at its Australian sites.
Also @AuManufacturing
Eleven Australian small manufacturers have received defence capability grants totalling almost five million dollars under a government programme, with individual awards listed for each recipient.