Latest Swift TV (ASX:STV) News

Swift TV Ltd has secured a significant follow-up order from Chevron, adding 1,900 devices to its connected TV platform across key offshore accommodation sites, boosting total installations to nearly 4,000 units.

Capital raisings drove the week in ASX tech, with investors backing AI and data centre spending but punishing deep discounts. The biggest moves came from small-cap fundraisings, while AI infrastructure names drew the clearest buying support.

Swift TV Ltd has secured $2.33 million through a $1.9 million placement and a $430,000 debt conversion, boosting its capacity to deliver contracted deployments and expand recurring revenue streams.

AI infrastructure names drove the biggest moves this week, with DXN exploding higher and Stakk extending its run after a new US healthcare contract. Elsewhere, capital raisings, takeover moves and executive changes kept tech investors busy, while several early gap-ups faded as buying cooled.

Swift TV has completed a multi-year Google certification process for its enterprise connected TV platform, validating its technology and supporting ongoing deployments across mining, aged care, and hospitality sectors.

Capital moves, contract wins and AI product pushes drove a busy week across small and mid-cap technology stocks. Hydrix, Complii and ClearVue led the board, while investors sold names where early excitement gave way to dilution concerns or softer earnings detail.

Swift TV has completed initial rollouts across four sites of Australia’s largest aged care provider and secured three more sites under a multi-year recurring revenue contract, marking a key commercial milestone.

Big contract wins and fresh capital drove the strongest gains in local tech, led by FirstWave, Megaport and Aristocrat Leisure. Smaller speculative names were less stable, with several gap re-openings losing steam as investors sold into early excitement.

Swift TV Ltd has landed its inaugural hospitality contract with Daydream Island Resort, deploying its in-room platform across 244 rooms and marking a strategic expansion beyond resources and aged care sectors.

Small-cap tech buyers chased AI, defence and digital infrastructure this week, while a few names gave back gains after reopening jumps. The biggest moves came from contract wins, fresh capital and clear signs that products are getting closer to real sales.

Swift TV has gained final Netflix approval after a multi-year certification, becoming Australia’s sole enterprise Connective TV platform with direct Google Play Store access. This integration bolsters its foothold in sectors demanding seamless consumer streaming with robust enterprise controls.

Robotics, AI chips and defence software drove the week’s biggest technology moves, but not every early jump held. Investors chased clear revenue growth and contract wins, while cash pressure and equity raisings kept a lid on parts of the sector.