Latest Technology News

Beonic Ltd has closed its 5-for-9 renounceable entitlement offer, raising $1.58 million before costs, surpassing initial uptake expectations and reducing underwriting obligations.

Vection Technologies has locked in approximately $2.3 million in new AI-related contracts spanning healthcare, luxury fashion, public services, airport passenger assistance, and security, pushing total orders since April 2026 to around $7 million.

FortifAI Limited (ASX: FTI) has laid out its vision for the burgeoning Agentic AI infrastructure sector, spotlighting its Nol8 AI Data Plane technology designed to tackle critical GPU underutilisation and data delivery bottlenecks. The company projects a $120 billion total addressable market by 2030, driven by explosive growth in AI agent workloads and data movement demands.

Etherstack's North American arm has landed a US$0.83 million follow-on deal with Codan subsidiary Daniels Electronics, extending a major contract from late 2023. The revenue is expected to be recognised fully in FY26, reinforcing the company’s growth trajectory.

ClearVue Technologies has secured A$6 million through a $5 million institutional placement and a fully underwritten $1 million Share Purchase Plan, aiming to bolster its balance sheet and fund international expansion and product development.

IODM Limited has broadened its revenue share agreement with TransferMate, now covering UK and European universities, aiming to deepen its presence in the higher education payments sector.

Acusensus has extended its Mobile Speed Camera Services Agreement with Transport for New South Wales for six months, adding approximately $16 million in contract value. An option for a further six-month extension remains as the tender for a long-term deal continues.

Aspermont Limited now expects sustainable operating cashflow positivity in the second half of FY27, delayed from Q3 FY26 due to extended sales cycles on key enterprise contracts.

Nanoveu’s ECS-DoT AI chip has demonstrated up to 27.8% improvement in drone cruise energy efficiency in live flight tests, achieving gains without any hardware changes and consuming negligible power.

Dotz Nano has secured A$3.3 million through a private placement, backing its next phase of production scale-up and customer engagement under incoming CEO Nati Harpaz.

Adslot Technologies, the wholly owned subsidiary behind Adslot's Marketplace platform, has appointed a voluntary administrator due to financial strain from its clearing house revenue model. The platform's operation now shifts to a fee-only basis under Adslot Limited.

dorsaVi has completed the design of its first integrated RRAM-CMOS validation chip, featuring self-checking write-and-verify, compute-in-memory capabilities, and scalable integration on commercial CMOS wafers. The milestone sets the stage for fabrication and commercial engagement in high-value edge AI markets.