Campbelltown manufacturer receives federal support to bring new ideas to market
The Morrison Government is supporting a local company in the Macarthur region to take its innovative manufacturing capabilities project to the next level.
Omni Tanker, located in Smeaton Grange, has received $700,000 in funding to develop two types of highly advanced carbon fibre, one of which is capable of storing space rocket propellant.
Liberal Senator for Western Sydney, Senator the Hon Marise Payne, said Omni Tanker’s project demonstrates the power of what can happen in industry and researchers collaborate to solve key challenges facing Australia, and the world.
“Our government is determined to help businesses commercialise their great ideas and this funding is helping bring together manufacturers and researchers to seize new opportunities,” Senator Payne said.
“By making Western Sydney manufacturers more competitive and able to scale-up to take on new markets, the government is ensuring we can create the jobs we need not only as we recover from the pandemic, but for generations to come.”
Chief Technical Officer at Omni Tanker, Dr Luke Djukic, welcomed the government’s support.
“The Commercialisation Fund has provided our company with the opportunity to promote our specialised manufacturing capabilities into growing American and European markets,” Mr Djukvic said.
For more information on the Commercialisation Fund go to https://www.amgc.org.au/projects/.