Latest Automation News

Corporate Travel Management (ASX:CTD) has locked in a five-year global partnership with Amadeus IT Group, aiming to accelerate its digital transformation and operational efficiency across multiple regions.

Pathkey.AI has appointed former Altium chairman Sam Weiss as a strategic advisor and raised $2.8 million in a placement led by Weiss, aiming to accelerate its AI-powered chip design platform Chipforge.

Bravura Solutions posted a 49% rise in net profit after tax for FY26 despite a near 10% decline in revenue, supported by strong margin improvements and underlying profit growth. The company declared a 15 cent final dividend, secured a $100 million debt facility, and announced a $50 million share buyback.

Sco Technology forecasts a record FY26 with revenue up to NZ$296 million and operating EBITDA reaching NZ$36 million, reflecting strong progress on its ambitious Destination 2030 growth plan.

SGH Ltd (ASX:SGH) reported a 1% rise in underlying EBIT to $1.55 billion for FY26, driven by margin gains at Boral and WesTrac, alongside a disciplined capital allocation strategy including a $500 million on-market buy-back.

Alara Resources (ASX: AUQ) is set to close its pro-rata non-renounceable entitlement offer on 13 August, aiming to raise approximately $3.84 million at $0.032 per share to support its copper projects in Oman.

Viridis Mining's Demonstration Plant for Mixed Rare Earth Carbonate production has outperformed Pre-Feasibility Study assumptions, achieving average magnetic rare earth oxide recoveries near 79% during steady operation in July 2026.

Mount Ridley Mines’ first TIMA automated mineralogy study at Grass Patch reveals rare earth elements are locked in discrete phosphate minerals, supporting flotation as a key beneficiation step ahead of leaching and Phase 1 metallurgical testwork.

Block, Inc. delivered a robust Q2 2026 with 25% gross profit growth, driven by strong Cash App and Square performances, and raised its full-year guidance reflecting accelerating AI integration and hardware innovation.

Kinatico Limited reports a robust FY26 with SaaS revenue growth driving total revenue up 9.4% to $35.2 million and net profit after tax soaring 78.5% to $2.0 million, underpinned by its AI-native compliance platform.

AoFrio’s revenue fell 21.5% in 1H26, dragged down by a 50.5% plunge in motor sales due to US tariffs, while IoT revenue grew modestly. The company launched new cellular and software platforms, raised NZD 8.9 million, and is expanding into Food Retail, but full-year revenue growth now looks unlikely.

Acusensus has landed a statewide contract in Kentucky to provide real-time speed enforcement at highway work zones, with initial orders worth US$2.1 million and potential expansion to US$20 million over five years.