Posts Tagged ‘Advanced Materials’

ASX Company News: Ceramic Fuel Cells To Develop Ceramic Powder Products In UK

Wednesday, October 3rd, 2012

Ceramic Fuel Cells Limited (CFU), a leading developer of generators which use fuel cell technology to convert natural gas into electricity and heat for homes and other buildings, is pleased to announce that it has secured a long term project for its powder plant in the United Kingdom. Ceramic Fuel Cells has signed an agreement with a multinational ceramics and speciality chemicals company for them to utilise the plant to develop high quality ceramic powder products. The powder plant equipment and CFCL operational staff at the plant will be allocated to the project on a full time basis.

To cover the operating costs of the plant and related staff, Ceramic Fuel Cells will receive a fee of GBP 450,000 for the 12 month project. The agreement also includes an option for the customer to purchase the plant and licence the related intellectual property for a pre-agreed price. For commercial reasons the identity of the customer and the purchase price are confidential. The plant, in Bromborough, UK, uses Ceramic Fuel Cells’ patented equipment to make nano-size ceramic powders which can be used in a range of applications and products.

Ceramic Fuel Cells is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells has sold its BlueGen gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and the USA. Ceramic Fuel Cells is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.

www.cfcl.com.au

Post to Twitter

Tags: , , ,
Posted in ASX Company News | No Comments

ASX Company News: Quickstep Secures Largest Order Yet For Hercules Aircraft

Monday, October 1st, 2012

Carbon composites manufacturer Quickstep (QHL) announced it has secured its largest aerospace production order to date. The purchase order covers the manufacture and delivery of composite carbon fibre wing flaps for 24 Lockheed Martin C-130J ‘Hercules’ aircraft. The work is to be undertaken at the Bankstown aerospace facility recently established by Quickstep. The order is valued at US$12 million. Deliveries are expected to commence December quarter of 2013 at an approximate rate of two sets per month. The order is in addition to the initial purchase order from Lockheed Martin for preliminary work announced in August 2012, which is expected to be completed prior to the first delivery of parts. Each set of wing flaps comprises four parts with an aluminium structure and skins of carbon fibre composite, providing light, strong components capable of great endurance and longevity.

“We are delighted to receive this further purchase order for the C-130J Hercules contract, which continues our substantial progress since Quickstep was awarded the tender in March, after bidding in an internationally competed program,” said Mr. Philippe Odouard, Managing Director for Quickstep. “We are proud of our relationship with Lockheed Martin. This contract builds on our growing reputation for providing high-quality carbon composite products to global supply chains.” Demand for the C-130J remains strong. Since the model was first introduced, it has proven its value as the workhorse of airlift worldwide.

The purchase order is part of an overall agreement with Lockheed Martin expected to generate revenues of between US$75 million to US$100 million for Quickstep over five years. Since initiation, more than 2,400 C-130 aircraft have been built in the longest continuously operating military aircraft production in history. The Lockheed Martin C130-J flap program is the second aerospace program awarded to Quickstep, following its contracts to produce components for the F-35 Lightning II Joint Strike Fighter program. It is expected to generate up to $700 million in revenues for Quickstep over the next 20 years. Quickstep expects to be one of the largest Australian contributors to the JSF Program.

Quickstep is an Australian company at the forefront of advanced composites manufacturing and technology development. The Company has significant capabilities and expertise in the production of high-end advanced composites for aerospace, defence and automotive use, and is creating a unique advanced composites manufacturing business in Australia using both traditional autoclave and its own world- leading non-autoclave production technologies. Quickstep is an approved supplier for the international F-35 Lightning II Joint Strike Fighter (JSF) program – the largest military aerospace program in the world, currently valued at in excess of US$300 billion worldwide. Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation’s net sales for 2011 were $46.5 billion.

www.quickstep.com.au

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Alexium Granted Australian Materials Patent

Monday, September 17th, 2012

Alexium International Group Limited (AJX) announced that the Australian patent office has granted a patent for the “Method for Attachment of Silicon-containing Compounds to a Surface and for Synthesis of Hypervalent Silicon-compounds”. This patent award follows equivalent patent grants in other global territories, further bolstering Alexium’s intellectual property portfolio. This patent award follows the recently announced contract with the US Air Force and the signing of a contract with Duro Textiles for fire retardant nylon treatments.

“We view the patent award as another validation of our unique technology platform. We are pleased to see that we are continuing to expand our patent portfolio at a time when we are looking to expand commercial relationships around the globe.” remarked Stefan Susta, COO and Executive Director of Alexium.

Alexium International Group Limited (AJX) holds proprietary patent applications for a process developed initially by the US Department of Defense , which allows for the surface modification and attachment of nano particles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, anti-microbial, non-stick and UV protection. Applications under development include but are not limited to textiles, paints, packaging, glass and building materials.

www.alexiuminternational.com

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Alexium International Secures US Military Contract

Wednesday, September 5th, 2012

Alexium International Group Limited (AJX) announced that it has been awarded a $200,000 contract with the US Air Force Research Laboratory to demonstrate Cleanshell® CB treatments for chemical and biological protection applications. This contract follows two other purchase orders by the US Army over the last year and will further validate RST technology for defense applications. An estimated 200,000 chemical and biological protection suits are purchased annually by the US military for programs such as JPACE, JC3 and JSLIST. Over 4.5 million JSLIST suits “alone” have been sold globally since 1997, representing product sales for JSLIST suits in excess of $800 million. This contract was awarded to further demonstrate Cleanshell® CB on a range of different fabric types and to develop additional performance capabilities over the ensuing months.

“Alexium is eager to transition the technology to the next stage for defense applications. Whilst the defense sector pathway can include extensive material testing, product testing, certifications and field trials, we see this project as an important catalyst to more rapidly qualify and field our protective treatments – which will position the company for larger procurement opportunities,”  said Stefan Susta, COO and Executive Director of Alexium. This contract in the defense sector follows the recently announced Duro contract in the commercial sector for fire retardant nylon treatments.

Alexium International Group Limited (AJX) holds proprietary patent applications for a process developed initially by the US Department of Defense , which allows for the surface modification and attachment of nano particles or multiple chemical functional groups to surfaces or substrates to provide functions such as water proofing, oil proofing, anti-microbial, non-stick and UV protection. Applications under development include but are not limited to textiles, paints, packaging, glass and building materials. Alexium International Group Limited trades on the OTCQX, the top tier of the OTC market designed for the best OTC companies that meet the highest financial standards and undergo a qualitative review.

www.alexiuminternational.com

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Quickstep Receives First Lockheed Martin Purchase Order

Thursday, August 23rd, 2012

Carbon composites manufacturer Quickstep (QHL) announced that it has received the first purchase order relating to its contract with Lockheed Martin to supply composite wing flaps for the C-130J Super Hercules aircraft. The order covers preliminary work such as planning, tooling and training activities which are already underway. This component of the contract is expected to be valued between $1.4 million to $1.6 million and will be completed prior to the first delivery of parts. Together with the recent grant of an export licence, these activities pave the way to finalising the long term agreement (LTA) with Lockheed Martin. The LTA is estimated to generate revenues of $75 million to $100 million over five years. Following signing of the LTA, Quickstep will prepare to manufacture initial components. First delivery of parts is expected in 1Q2014, in line with global supply chain delivery arrangements.

Quickstep’s Managing Director, Mr Philippe Odouard, said that the company’s success in winning competitive international tenders from companies such as Lockheed Martin and Northrop Grumman demonstrated Quickstep’s world-class manufacturing capabilities. “Quickstep is in partnership with several of the world’s largest aerospace companies, raising awareness of our capacity to deliver high quality carbon composites products. “The commencement of the contract with Lockheed Martin is an important milestone for Quickstep, and follows closely our opening of the most advanced carbon composites manufacturing facility in Australia.

Quickstep is an Australian company at the forefront of advanced composites manufacturing and technology development. The Company has significant capabilities and expertise in the production of high-end advanced composites for aerospace, defence and automotive use, and is creating a unique advanced composites manufacturing business in Australia using both traditional autoclave and its own world- leading non-autoclave production technologies. Quickstep is an approved supplier for the international F-35 Lightning II Joint Strike Fighter (JSF) program – the largest military aerospace program in the world, currently valued at in excess of US$300 billion worldwide.

www.quickstep.com.au

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Matrix Composites & Engineering Secure $48 Million Of New Contracts

Wednesday, July 11th, 2012

Matrix Composites & Engineering (MCE) is pleased to announce that it has been awarded new contracts totaling USD$48.2 million for the supply of drilling riser buoyancy, centralisers and distributed buoyancy. The contracts to manufacture and supply drilling riser buoyancy are from a major Korean shipbuilder and a US based drilling contractor for use on four rigs. In addition there is an option to supply additional buoyancy valued at USD$23 million bringing the total including the option to USD$71.2 million. Matrix’s subsea, umbilical, riser and flowline (SURF) ancillary equipment line has been growing steadily. The Company was recently awarded a significant contract from a new client to supply distributed buoyancy. The buoyancy will be used on a project in West Africa that is being developed by a major French oil producer. With the area becoming one of the world’s top oil regions, West Africa is a key focus of Matrix.

The Company has recently signed a supply agreement with a major US operator for its low friction centralisers. The operator is transitioning its entire land based rig fleet to Matrix centralisers which will allow them to run water based muds instead of oil based muds. Further details around the Company’s production rates, order book and tendering activity, and outlook will be disclosed in the upcoming Quarterly Report for the period ending 30 June 2012.

Matrix is involved in the design, testing, manufacture, distribution and service of a range of engineered products used in the oil and gas, and resources industries. Matrix manufactures technically advanced products using composite and polymer materials that originate from the aerospace and defence industries. It is the use of innovative and advanced materials technology that has given the Company a market leading position in the manufacture of riser buoyancy modules.

www.matrixap.com.au

Post to Twitter

Tags: , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Quickstep Holdings Secures New Contract and Opens Manufacturing Plant

Monday, June 25th, 2012

Quickstep Holdings Limited (QHL), an Australian-based advanced composites manufacturer, is pleased to advise that it has secured a second Long Term Agreement (LTA) with Northrop Grumman Corporation to manufacture parts for the international F-35 Lightning II Joint Strike Fighter (JSF) program. The LTA covers production of “Group 2” JSF components until 2020, and follows the LTA signed in February 2011 for Group 1 JSF components, for which manufacturing is now underway. Group 2 parts represent more complex aircraft components, including portions of the main F-35 structure and supports. The first Purchase Order for Group 2 parts is expected to be received in July 2012. The signing of the LTA follows Quickstep’s successful completion of a qualification process to demonstrate production readiness for the manufacture of Group 2 parts.

Managing Director of Quickstep, Mr Philippe Odouard, said the securing of a second LTA with Northrop Grumman represented a further endorsement of the Company’s aerospace manufacturing capabilities. “Through our production of Group 1 JSF parts, Quickstep has confirmed its ability to successfully undertake advanced aerospace manufacturing contracts and feed into Northrop Grumman’s international supply chain for the F-35 project,” he said. “This expansion of Quickstep’s contracts to include Group 2 parts will increase the number and variety of components the Company will supply to the JSF program.”

Quickstep also announced the opening of its new manufacturing facility at Sydney’s Bankstown Airport. The facility will supply components to aerospace leaders Northrop Grumman Corporation and Lockheed Martin. The ability to manufacture high-technology composites has enabled Quickstep to win major aerospace contracts in internationally competitive tenders. Quickstep has already commenced production on the first phase of commercial production of F-35 Lightning II Joint Strike Fighter parts. This work is expected to generate up to $700 million over 20 years. In March 2012, Quickstep was selected by Lockheed Martin to supply composite wing flaps for the C-130J Hercules military transport aircraft – valued at $75 million to $100 million to Quickstep over five years.

Quickstep is an Australian company at the forefront of advanced composites manufacturing and technology development. The Company has significant capabilities and expertise in the production of high-end advanced composites for aerospace, defence and automotive use, and is creating a unique advanced composites manufacturing business in Australia using both traditional autoclave and its own world- leading non-autoclave production technologies. Quickstep is an approved supplier for the international F-35 Lightning II Joint Strike Fighter (JSF) program – the largest military aerospace program in the world, currently valued at in excess of US$300 billion worldwide.

www.quickstep.com.au

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Anteo Diagnostics Granted Japanese Patent

Thursday, December 8th, 2011

Anteo Diagnostics Limited (ADO) announced that the Japanese Patent Office has granted the “Use of Metal Complexes” patent for Mix&GoTM. It is unusual that patents are granted in Japan as quickly as this. Its granting provides Anteo with further confidence in the quality of the science and security over the intellectual property (IP) in a commercially large jurisdiction.

There are many commercially important reasons to bind biological molecules onto synthetic materials. These molecules are often fragile and do not react well when exposed to non-biological conditions. Mix&GoTM has been demonstrated to allow them to retain their activity when bound. The “Use of Metal Complexes” patent covers the IP for the use of Mix&GoTM to facilitate this important binding process. Anteo has demonstrated that the benefits of Mix&GoTM over existing methods are both numerous and significant from technical and commercial perspectives. Further, the Mix&GoTM technology has broad applications in non-biological markets. This is another important patent to be granted to Anteo in a key market and marks another critical step in the continued effort to strengthen the IP of the Mix&GoTM technology.

Anteo’s Chief Executive Officer Dr. Geoff Cumming commented “Anteo is extremely pleased to be granted the “Use of Metal Complexes” patent. In particular we were pleased with the outcome given the relative difficulty of achieving such grants in Japan.  “As we continue to advance negotiations for new licensing agreements, protecting the Mix&GoTM technology is of critical importance for Anteo.” Anteo is also pleased to inform shareholders that the company has progressed dialogue with potential customers in recent months. As previously explained, these negotiations take a significant amount of time due to the due diligence considered necessary by interested parties before incorporating Mix&GoTM into their commercial products.”

www.anteodx.com

http://www.traderdealer.com.au/fundamentals/ado

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Alexium International Enters Joint Venture With International Textile Group

Tuesday, March 29th, 2011

Leading US Diversified Textile Manufacturer with worldwide operations in Perth, Western Australia, Greer, South Carolina, Alexium International (AJX) announced the signing of a Memorandum of Understanding Agreement with the International Textile Group (ITG).  The Agreement sets out terms for ITG and Alexium to work collaboratively on several product development initiatives and establishes ITG as Alexium’s preferred fabric supplier to satisfy current and future bids in commercial and defense markets. ITG is an industry-leading fabric manufacturer and finisher with worldwide operations, including Burlington Worldwide, Carlisle Finishing, Cone Denim & Decorative Fabrics, Narricot, and Safety Components. ITG and subsidiaries shave operations in United States, Mexico, China, Nicaragua, Vietnam and India. This agreement with ITG will leverage capabilities and resources, and accelerate the adoption rate of RST technology in the textile market.

Stefan Susta, Executive Director and COO of Alexium International noted, “In addition to being a well-established worldwide supplier of quality fabrics, we view ITG as a strategic partner for developing new product lines that incorporate RST (Reactive Surface Treatment) technology, ultimately leading to a licensing deal.  We see a lot of synergy between the two companies moving forward, and appreciate their interest to develop innovative products with our process.”
Alexium  International  Group  Limited  (AJX)  holds  proprietary  patent applications for a process developed initially by the US Department of Defense , which allows for  the surface  modification  and  attachment of  nano particles  or multiple  chemical  functional groups to surfaces  or substrates to provide functions such as water proofing, oil proofing, anti-microbial,  non-stick  and  UV  protection.  International Textile Group Inc., majority owned by WL Ross & Co LLC, is a diversified textile manufacturer. It operates in five primary business segments: Automotive Safety,  Apparel  Fabrics,  Government Uniform Fabrics, Interior Furnishings and Commission Finishing. The  company  also  has  a  commercial partnership for  denim fabrics with RSWM Limited,  part  of the  LNJ  Bhilwara Group, based in New Delhi, India.

www.alexiuminternational.com

http://www.traderdealer.com.au/Fundamentals/ajx

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Anteo Diagnostics Awarded European Patent

Thursday, March 10th, 2011

Anteo Diagnostics Limited (ADO) is pleased to announce that the European Patent Office has issued confirmation that it intends to grant the “Generation of Surface Coating Diversity” patent to the Company. This means that a patent will shortly be granted to Anteo to protect the intellectual property that led to the discovery of the Mix&GoTM technology.

This ensures that the process that was used to bind antibodies to more than 8,000 different types of surfaces cannot be copied in the European market. Also, additional screening exercises that could be initiated to identify new “glues” for a broad range of other industries and sectors will also be covered under this patent which has a 12-year life. The patent was filed in 2003, and given a 20-year life, is due to expire in 2023. The patent has already been granted in Australia and Anteo is currently waiting on it being granted in additional markets.

Anteo’s Managing Director Dr. Geoff Cumming said: “This is a very pleasing and important development for the company, and it underpins the value of the intellectual property that led to the discovery of our Mix&GoTM technology.

www.anteodx.com

http://www.traderdealer.com.au/Fundamentals/ado

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

« Older Entries