Company
Every investor coverage indicates participated in a round US Navy raised.
Companies US Navy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming US Navy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Adelaide early-stage venture firm Eastend Ventures has finalised its first fund at $30 million, with Funds SA as cornerstone backer, and reports seven investments and more than $8 million already deployed.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Dealroom
Austal has received an indicative US$1.25 billion offer from a Wildcat Infrastructure-led syndicate for its US shipbuilding arm, outbidding Hanwha, while heavy US losses weigh on the group.
Hanwha's US subsidiary has made an indicative offer of US$1.05–1.20 billion for Austal's American business; the target's board approved a four-week due diligence window, with the proposal excluding its home-market operations.
Roundup of manufacturing news: Archer Materials' biochip results with IMEC, Resmed's CPAP mask launch, Boeing's RAAF P-8A upgrades, Breakthrough Victoria's $75m across venture funds, an Avalon Airport freight facility, and Sleeptite's FlexiSense.
Weekly roundup of readers' five favourite stories: a hydrogen grant for 1414 Degrees, LS Precast's rail tunnel contract, AML3D's US Navy pact, quantum clock breakthrough, and Suntory Oceania's launch.
Metal 3D printing firm AML3D has launched an Ohio manufacturing hub, won a first order from a big US utility, and will channel proceeds from a recent fundraising into European expansion.
Adelaide 3D metal printing firm AML3D has locked in a $30 million placement to expand its Ohio factory, open a European site and fund R&D as it chases US defence demand.
Roundup of Australian manufacturing news: IDT Australia wins a Sanofi mRNA contract, Amplia collects an R&D tax refund, OptiGrid enters EnergyLab's accelerator, plus a ship launch, hydrogen towers, road works and a job listing.
AML3D has received a South Australian government grant to co-fund a project boosting the speed of its wire-arc 3D printers, with work to run from August and add four roles.
Roundup: Nova Eye Medical banks $8 million for overseas growth, two Geelong firms each land $25,000 council grants, plus Austal ship trials, EOS's share jump, Vulcan Steel's profit fall and Orthocell's Singapore filing.
Also @AuManufacturing
Ten local manufacturers split a fresh $3.6 million Defence grant pool, with each award itemised, to develop armour, sonar, test chambers, metrology and machining for defence and export markets.
AML3D has won an order to lease its ARCEMY 2600 metal 3D printer to Laser Welding Solutions, a Texas manufacturer of submarine parts for the US Navy.
Australian manufacturing roundup: Titomic raises via placement, H2X signs hydrogen MoU, Austal posts a loss, Aristocrat trials cashless gaming, IDT restructures, Bisalloy reports, BAE recruits, CDU launches TAFE.
Also @AuManufacturing