Grant bounces innovative SA auto firm into global defence market
Magill-based Supashock will receive a $468,887 commercialisation grant under the Entrepreneurs’ Programme to develop its dynamic suspension technology for armoured and protected defence vehicles produced by a major German manufacturer.
Supashock will work with German military vehicle builder Rheinmetall Defence to adapt its innovative range of suspension products for installation on the vehicles it produces for the world market.
Supashock has been helped to connect with Rheinmetall Defence by the Australian Government’s Centre for Defence Industry Capability (CDIC) under Defence’s Global Supply Chain initiative.
The Australian Government assistance will support a dedicated design, manufacture, install and test project to take the suspension from prototype to production for installation in Rheinmetall Defence military vehicles.
The award-winning company produces specialised suspension systems for motorsports, off-road, heavy and mining vehicles.
The company has developed a dynamic suspension system that delivers unprecedented levels of performance, safety and reliability for vehicles that operate in arduous conditions.
This is a great example of how innovative, advanced manufacturing companies are building their business by gaining access to opportunities in the global market by leveraging the range of support initiatives being delivered by the Australian Government.
It’s further confirmation that innovation and agility in Australian defence industry delivers cutting edge capability and value from the Australian Government’s $1.6 billion investment in defence industry and innovation programs over the next decade announced in the Defence Industry Policy Statement.
Defence industry is crucial to delivering the jobs of the future and driving the broader growth that we need to ensure Australia maintains its position as an advanced economy in the 21st century.
The CDIC is delivered by the Department of Industry, Innovation and Science on behalf of the Department of Defence, and collaborates with industry support initiatives like the Entrepreneurs’ Programme to boost the competitiveness and innovation of Australia’s defence industry.