Latest Automation News

Pathkey.AI has finalised its takeover of Chipforge, an AI-driven semiconductor design company, issuing shares and performance rights as consideration. The move broadens Pathkey's AI platform capabilities from clinical trials into semiconductor engineering, aiming to shorten chip development cycles significantly.

Reliance Worldwide Corporation plans to shutter its brass manufacturing in Melbourne, citing declining volumes tied to automation and supply chain shifts, while targeting a US$9 million boost to operating earnings by FY27.

Renascor Resources has begun processing graphite through its hydrofluoric acid-free purification flowsheet at its Adelaide demonstration plant, marking a key milestone in its sustainable battery materials strategy.

IODM Limited has broadened its revenue share agreement with TransferMate, now covering UK and European universities, aiming to deepen its presence in the higher education payments sector.

Acusensus has extended its Mobile Speed Camera Services Agreement with Transport for New South Wales for six months, adding approximately $16 million in contract value. An option for a further six-month extension remains as the tender for a long-term deal continues.

Fortuna Metals has commissioned its own laboratory in Malawi, accelerating sample processing and cutting assay costs as it nears a maiden resource estimate for its Mkanda rutile and graphite project.

WT Financial Group (ASX: WTL) reports robust half-year growth and unveils a $3 billion equity partnership strategy to scale Australia’s largest financial adviser network.

Seeka anticipates a drop in net profit for 2026 following a return to typical kiwifruit yields in New Zealand and a weather-hit harvest in Australia. Automation efficiencies are helping to offset rising costs.

Spenda Limited has launched the retail component of its $8.545 million accelerated entitlement offer, aiming to recapitalise, reduce debt, and support product development. Eligible shareholders can subscribe for 7 new shares per existing share, with free attaching options exercisable until 2031.

Memphasys has locked in a 12-month exclusive supply agreement with Monash IVF for its Felix™ sperm selection system, marking its biggest commercial contract to date and setting a foundation for recurring revenue.

WhiteHawk Limited has forged a strategic alliance with Perth-based Adisyn Services to enhance cyber risk management and compliance solutions tailored for the defence sector, focusing on AUKUS programs and supply chain security.

Metallium Limited has successfully run three Flash Joule Heating reactors in parallel for 12 hours, hitting key scale-up milestones and setting the stage for commercial metal recovery campaigns.