Latest Technology News

Electro Optic Systems (ASX:EOS) has acknowledged a delayed disclosure of CEO Dr Andreas Schwer’s share rights and options, attributing it to an administrative oversight despite existing compliance protocols.

Vection Technologies has landed a $3.2 million order from Retelit Digital Services after its Algho AI platform passed certification, becoming Retelit's designated AI provider for enterprise and government clients across Italy.

Dataworks Group has arranged a $1.5 million unsecured working capital facility with a three-month term and 18% interest, aiming to strengthen liquidity and support ongoing and new commercial contracts without diluting equity.

Excite Technology Services has raised $3.26 million through a share placement priced at 0.6 cents each, accompanied by free-attaching options pending shareholder approval. The Managing Director will convert $500,000 of debt into equity on matching terms.

Archer Materials has raised $7 million through a placement and launched a $3 million share purchase plan, backing its strategic partnership with IonQ to develop sovereign quantum computing in Australia.

Prophecy International has launched a sweeping global organisational restructure that will slash its workforce by approximately 48%, aiming to realign operations and reduce costs ahead of its FY26 results.

HALO Technologies launches a convertible notes offer aiming to raise up to A$6.75 million, backing platform upgrades and expansion across Asia-Pacific and adviser networks.

Scalare Partners has locked in a $5 million convertible note facility from Blackstone Mercantile, paving the way for up to $25 million in funding subject to shareholder approval. The deal includes a 60:1 share consolidation and a bonus option issue designed to soften dilution for existing shareholders.

Megaport has successfully closed the retail portion of its AUD 827 million entitlement offer, raising AUD 308 million through the issuance of 21.6 million new shares priced at AUD 14.30 each. The retail offer's Top Up Facility was oversubscribed and scaled back to allocate all available shares to participating shareholders.

WhiteHawk Limited has appointed Adrian Vallino as Group CEO to spearhead its global expansion and commercialisation of the Quixxi Clarity AI platform, aiming to grow recurring revenue and diversify its distribution channels.

Smart Parking (ASX:SPZ) has acquired American Parking, adding 54 sites across Oklahoma, Texas, and Arkansas and boosting its US portfolio to over 200 locations. The $12 million deal is expected to be earnings accretive and supports the rollout of SmartCloud technology.

Nanoveu has completed its acquisition of Singapore’s Spinoff Robotics, gaining validated drone platforms and engineering talent to fast-track its ECS-DoT edge-AI silicon integration for advanced aerial applications.