SA companies secure funding to boost Defence innovation
Five South Australian companies were among 19 businesses across the country to receive Federal Government funding to develop their innovative ideas and technologies to strengthen the nation’s Defence capabilities. Local companies RFTEQ, Arkwright Technologies, Daronmont Technologies, Prism Systems and Mincham secured over $10 million in contracts through the Australian Government’s Defence Innovation Hub program. Announced earlier this month, the funding will enable the companies to fast-track the development of a broad range of technologies for Defence, including next-generation electronic warfare capabilities, a deployable payload delivery system, and a vibration monitoring system for Navy vessels. South Australia company RFTEQ, which produces ...