Latest Technology News

Prophecy International Holdings has posted a record half-year revenue of $11.6 million for H1 FY25, driven by strong demand for its AI-enabled cybersecurity and data integration products. The company’s transition to subscription models and expansion into new global markets underpin a positive outlook.

Archer Materials has successfully detected spin states in its carbon-based quantum material using a novel resonator design, marking a pivotal step toward functional qubit development for quantum computing.

Rewardle Holdings (RXH) confirms plans to lodge delayed financial reports by mid-February 2025, addressing audit complexities linked to its CloudHolter investment and ongoing partnership negotiations.

Visioneering Technologies Inc. has requested an immediate suspension from ASX trading as it prepares for removal from the official list, raising questions about the company’s future.

Centuria Capital Group, in partnership with ResetData, has launched Australia’s inaugural sovereign public AI Factory, AI-F1, alongside a pioneering AI Marketplace, promising to democratize access to advanced AI technologies for businesses and government.

Cycliq Group Limited reported an 18% revenue increase to $2.9 million for the half-year ending December 2024, driven by higher transaction values and a revamped marketing strategy, despite a modest net loss of $211,214.

Bridge SaaS Limited has appointed Richard Gordon as CEO, signaling a strategic push to expand its footprint in the NDIS sector through acquisitions and technology innovation.

Bravura Solutions has delivered a solid 1H25 performance marked by modest revenue growth and significant profit improvements, prompting an upgraded FY25 outlook and a special dividend announcement.

Vection Technologies has secured a three-year, AUD$575k partnership with global insurer Generali to deploy AI-driven extended reality solutions enhancing workplace safety and client engagement.

Light & Wonder, Inc. has amended its credit agreement to increase its revolving credit facility from $750 million to $1 billion, extend the maturity to 2030, and reduce interest margins based on leverage tests, enhancing its financial flexibility.

Swift Networks Group has inked a three-year, $804,191 contract with Shell to provide its Swift Access platform and ongoing support for the Prelude FLNG facility, marking a significant expansion in its oil and gas sector footprint.

Dicker Data Limited has announced a fully franked ordinary dividend of AUD 0.11 per share for the quarter ending December 2024, alongside a Dividend Reinvestment Plan offering shareholders flexibility.