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How FirstWave’s $2.66M Raise and AI Pivot Could Reshape Its Future
2:54pm on Friday 30th of January, 2026 AEDT
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Technology
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How FirstWave’s $2.66M Raise and AI Pivot Could Reshape Its Future
2:54pm on Friday 30th of January, 2026 AEDT
Key Points
Successful $2.66 million capital raise net of costs
Operational restructure costing $500K, delivering $450K quarterly savings
Pivot to AI-powered compliance management leveraging Open-AudIT
Key contract renewals with NASA, Claro DR, and Telmex with increased revenues
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Firstwave Cloud Technology (ASX:FCT)
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