Investment News

Salisbury companies secure funding to boost defence innovation

Local companies Daronmont Technologies and Mincham secured over $2 million in contracts through the Australian Government’s Defence Innovation Hub program.

  • Mincham Aviation was awarded $1.12 million to develop a deployable payload delivery system that could be launched from a variety of platforms to strategic equipment in a desired target location
  • Daronmont Technologies received $965,000 to develop a passive radar technology that could be integrated for maritime vessels and enhance situational awareness

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