Latest Australian Defence News

archTIS delivered a sharp step-up in revenue and recurring income after acquiring Spirion, but the stronger top line came with a $16 million loss and a formal warning over its ability to fund operations. The cybersecurity company now has until late October to extend or refinance a key lending facility.

Li-S Energy has inked a strategic collaboration with Australian defence firm EPE, unlocking pathways to international defence markets for its ultra-lightweight lithium sulfur batteries.

Boresight Ltd (ASX: BST) recorded a 46% increase in revenue to $6.38 million for FY26, driven by global sales expansion and strategic investments including an $8 million IPO. Despite this growth, the company posted a $6.66 million net loss, largely due to increased operational expenses and significant share-based payments.

Aurora Labs posted a 36% increase in net loss to $5.1 million for FY2026 despite securing key defence contracts and partnerships. The company is transitioning from R&D to early commercialisation of its micro gas turbine propulsion systems, backed by a $5.5 million capital raise and government grants.

SKS Technologies has delivered a third consecutive year of record growth, lifting FY26 revenue to $348 million and net profit by 93%, driven by a surge in data centre projects and strategic acquisitions.

Pure Resources has appointed Vice Admiral Michael Noonan AO, retired Chief of the Royal Australian Navy, to its Advisory Board for a year-long term, bolstering its defence strategy and engagement with Australian and allied government agencies.

Boresight Ltd (ASX: BST) marked its ASX debut in June with a successful $8 million IPO, reporting a 55% revenue increase in FY26 and securing a major US manufacturing expansion to meet rising defence drone demand.

archTIS surged to a record FY2026 with Annual Recurring Revenue hitting $14.8 million, driven by major US and Australian Defence wins and expanding its customer base beyond defence.

HITIQ Limited has fortified its financial position through a $1.4 million placement and secured milestone-based Victorian Government funding, accelerating its manufacturing expansion and commercial growth in concussion management technology.

AnteoTech has secured independent validation for its Ultranode™ 95 silicon anode in commercial drone battery cells, launched a new battery additive, and strengthened its cash position with a A$10 million capital raise.

Saunders International has landed a $23 million head contract from the Australian Department of Defence to upgrade fuel infrastructure at RMAF Base Butterworth in Malaysia, reinforcing its Defence sector credentials and expected to boost earnings across FY2027 and FY2028.

Objective Corporation loses a longstanding Department of Defence support contract, impacting future recurring revenue but maintaining a commitment to sovereign tech innovation.