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XTEK is set to establish a composites manufacturing facility for its combat armour products after it earned a $1 million Sovereign Industry Capability Priority (SICP) grant.
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The Canberra-based company confirmed that the investment will assist XTEK to ensure top quality results for recent contract wins from the US DoD, foreign customer orders and domestic development contracts.
The SICP grant provides funding to local small-to-medium enterprises to supply critical defence capabilities, with a focus on "accelerating the growth of a robust, resilient Australian SME industrial base capable of providing significant contribution to key defence priorities".
"We are pleased to be a recipient of the SICP, as it represents validation by the Australian Department of Defence of the advanced capabilities of our XTclave technology for producing ballistic protection products," Philippe Odouard, managing director of XTEK said.
"The funding supports the execution of our broader strategy to commercialise our state-of-the-art technology by enhancing our production and testing capability for our proprietary ballistic helmets and armour plates."
The new production facility is expected to be finished in the coming months, and "will provide XTEK with a commercial scale manufacturing capability to deliver products by the end of the year".
