Small cap investors may have been flocking to companies benefiting from global warfare and the rise of drone technology but it’s been awhile since they showed much love for armour manufacturer HighCom (ASX: HCL). But with a major overhaul of their leadership and Board, the tide may be turning for the defence products manufacturer which
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Technological advancements, geopolitical tensions, and military modernisation programs are the factors driving market in the forecast period 2025-2029. According to TechSci Research report, “Defense Support and Auxiliary Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, The Global Defense Support and Auxiliary Equipment Market stood at USD 153.85 Billion in 2023 and
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Imagine that you find a suspicious package at the station and inform the police. Instead of putting personnel at risk, they send Argus, a robot equipped with backscatter X-ray technology. From a safe distance of 1,500 meters, Argus captures high-definition images, unveiling the package’s contents and potential dangers. This crucial information allows experts to strategize
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One of the world’s most popular metal products used in aerospace and defence industries will soon be produced in the United Kingdom with metal additives specialist Titomic (ASX: TTT) partnering with UK-based Neos to manufacture and sell the products. The joint venture is an extension of existing business between Titomic and Neos which will draw
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When it comes to defence force technology, Australia continues to be underrated as a leader on the global stage despite the United States Navy ordering their 15th vessel from Australian manufacturer Austal (ASX: ASB). The contract awarded is valued around USD$235m (AUD $295m) and will be the 15th Expeditionary Fast Transport (EPF) vessel to be
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Amid the return of flights as the world prepares for a recovery from COVID-19 which shutdown the international travel economy, the European Union is ramping up their drone defence with purchase orders placed with electronic warfare specialists DroneShield (ASX: DRO). The orders are part of an agreement reached in May 2020 when DroneShield was selected
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