Latest Aerospace And Defence News

Aurora Labs has secured over A$900,000 in contracts with the Australian Defence Force, pushing forward its advanced propulsion systems and additive manufacturing capabilities. A strategic partnership with Sovereign Propulsion Systems aims to integrate these innovations into next-generation unmanned aerial systems.

Li-S Energy has partnered with Praetorian Aeronautics to integrate advanced lithium-sulfur batteries into autonomous interceptor drones, aiming to boost Australia's sovereign defence capabilities.

McLaren Minerals has confirmed significant high-grade heavy mineral sands extending 500 metres south of its current Indicated Resource at the McLaren Titanium Project, reinforcing the deposit's growth potential and strategic value.

VEEM Limited has completed a $14 million placement to accelerate its growth in the defence sector, highlighted by a new 9-year manufacturing licence agreement with Northrop Grumman valued initially at US$33 million. This positions VEEM alongside major US defence contractors and signals a significant step into the expanding submarine and naval supply chains.

Morella Corporation has expanded its critical minerals portfolio by acquiring the Dixon Well Project in Western Australia, confirming significant titanium mineralisation with assays up to 17.0% TiO2. This move diversifies Morella’s assets beyond lithium and rubidium into a mineral critical for aerospace and defence industries.

Fortuna Metals has secured two key exploration licences in Malawi’s emerging rutile province, positioning itself next to Sovereign Metals’ world-class Kasiya deposit. The company also appoints Tom Langley as CEO to spearhead exploration efforts.

Metal Powder Works has achieved a key validation milestone for its commercially pure titanium powder, confirming performance on par with industry benchmarks for cold spray applications. This breakthrough positions MPW to expand into the lucrative aerospace and advanced manufacturing markets.

Aurora Labs reported a 34% increase in loss after tax to $3.75 million for FY2025, alongside a 327% surge in revenue driven by defence contracts and 3D printing services. The company is progressing its micro gas turbine propulsion systems and pursuing aerospace certification to expand its market footprint.

PWR Holdings Limited posted a 6.7% revenue decline and a 60.6% drop in net profit for FY2025, impacted by contract completions and factory relocation. Despite short-term setbacks, the company is investing heavily in new facilities, aerospace growth, and sustainability initiatives.

Battery Age Minerals has confirmed significant concentrations of rubidium, caesium, tantalum, and gallium alongside strong lithium grades at its Falcon Lake project, highlighting substantial exploration upside.

Orbital Corporation has denied any undisclosed information behind its recent share price jump, attributing market interest to strategic leadership appointments aimed at expanding its UAV propulsion business.

archTIS reports robust quarterly growth with a 17% rise in annual recurring revenue and key defence contracts secured across the US, UK, Japan, and Australia. A recent $7.5 million capital raise positions the company for further international expansion.