Latest Noviqtech (ASX:NVQ) News

Small caps drove the week, with battery, resources and education names posting the biggest gains. Deal news, funding rounds and fresh drilling plans kept traders busy, while a few discounted raisings hit hard.

NoviqTech Limited has clarified that its planned divestment of Non-Coralia assets was not foreseen during its Coralia acquisition and reflects a strategic pivot to biochar carbon removal, with leadership changes aligned to this refocus.

NoviqTech has agreed to sell its Carbon Central and Fuel Central assets for AUD 1 million, freeing up resources to expand its biochar carbon dioxide removal projects through Coralia.

NoviqTech's Coralia has kicked off a comprehensive trial converting invasive Chinese Apple trees into biochar at its Great Barrier Reef project, aiming to validate carbon removal methods and support institutional partnerships.

NoviqTech Limited attributes its recent share price jump and trading volume spike to earlier announcements about pivotal biochar trials and a major carbon removal offtake by Lufthansa Group, affirming its compliance with ASX rules.

NoviqTech (ASX: NVQ) advances its biochar carbon removal strategy with a key non-binding MoU covering 70% of credits from its Great Barrier Reef project, targeting 2026 commercial milestones.

NoviqTech’s Coralia has teamed with Swinburne University to explore biochar’s role in reducing embodied carbon in concrete, targeting the booming data centre construction sector.

NoviqTech's subsidiary Coralia has inked a strategic MOU with A Healthier Earth, the climate-tech arm of Pure Data Centres Group, aiming to secure a long-term offtake of at least 70% of biochar carbon removal credits from its Great Barrier Reef project. The deal explores joint venture possibilities for a biochar production facility amid soaring demand driven by data centres and AI expansion.

One microcap exploded higher on a tiny capital raise, while several software names were sold hard despite reporting growth. The week split cleanly between “cash in the bank” stories and “still burning cash” worries.

NoviqTech Limited reported a widening loss of $2.83 million for 2025, alongside a severe drop in cash reserves and a looming going concern uncertainty flagged in its upcoming audit.

NoviqTech Limited launches Coralia, a large-scale biochar carbon removal initiative aimed at helping data centres achieve net zero emissions while restoring the Great Barrier Reef catchment. The project taps into the booming carbon removal market driven by tech giants and environmental urgency.

NoviqTech has formalised a key collaboration with Viva Energy on sustainable aviation fuel and agreed to acquire biochar carbon removal specialist Coralia, backed by a $1.5 million capital raise.