The Jericho Disruptive Innovation (JDI) team has prototyped JabX, an uncrewed aerial system based on the Jabiru 400 airframe, as part of Project Camel Train to help move cargo more quickly across Australia’s north.
In an unexpected turnaround, Lim – who, along with three fellow former Rex directors, had denied ASIC’s claims surrounding a statement released to the ASX in February 2023 – gave up the fight on Wednesday and agreed to accept penalties.
A MQ-28 aircraft reportedly made three operational flights at Point Mugu Sea Range at US Naval Base Ventura County, Point Mugu in California.