Latest Technology News

DXN Limited posted a 47.5% revenue increase to $3.7 million in Q3 FY26, buoyed by a surge in modular data centre projects and a growing pipeline of 891 identified contracts. The company advanced its Asia-Pacific footprint through a JV in Indonesia and a Malaysian manufacturing push, while securing a $5.3 million Cable Landing Station contract in Latin America.

XPON Technologies delivered a 44% year-on-year revenue increase in Q3 FY26, underpinned by 96% recurring revenue and positive EBITDA despite seasonal cash flow pressures.

icetana AI has raised $4 million in an oversubscribed placement to accelerate its global expansion and AI development, building on recent contract wins and partner-led growth.

Identitii’s BNDRY platform gains traction with $587k ARR and a $1.66 million pipeline, while the company commits to cashflow breakeven by late 2027 despite a $2.5 million Rights Issue shortfall.

Adveritas Limited surged to $15.08 million ARR, up 91% year-on-year, powered by a new self-serve SME platform and AI-driven product enhancements.

hipages Group has acquired a majority stake in VIZ Insurance, marking its strategic entry into the insurance sector for tradies and broadening its platform offerings.

Bourns, Inc. has cleared a key French regulatory hurdle in its NZ$1.55 per share takeover bid for Rakon, with acceptances reaching 87.62% ahead of the 7 May deadline.

EROAD will release its FY26 financial results on 25 May 2026, accompanied by a management webinar detailing operational performance and strategic direction.

Gentrack’s airport technology arm Veovo is acquiring Dubai Technology Partners for US$10 million, boosting its AI portfolio and regional presence in the Middle East.

GCM Corporation finalises exclusive rights to its Very High Density technology, launches its first commercial heat sink products, and expands global prototyping efforts targeting high-growth sectors including EV infrastructure and data centres.

Codan Limited is on track to deliver over 60% growth in EBIT and NPAT for FY26, driven by stronger-than-expected Communications segment revenue and profit margins, alongside robust Minelab performance.

RocketDNA Ltd delivered a break-even operating cash flow quarter with $2.47 million revenue, driven by soaring autonomous drone usage and the debut of its Skylink® operating system.