Latest Automation News

Tamawood Limited reports a modest profit increase for FY25 alongside the retirement of long-serving Chairman Robert Lynch. Early FY26 sales surge 39%, but a Work in Progress audit prompts a trading blackout.

Vulcan Energy has appointed ABB as the main electrical contractor for its flagship Lionheart lithium project, marking a significant step towards financing and construction. The €46 million fixed-price contract covers comprehensive electrical infrastructure for a facility set to produce enough lithium for 500,000 electric vehicles annually.

Jindalee Lithium Limited reminds eligible shareholders that its Share Purchase Plan (SPP) will close on 20 November 2025, offering shares at $0.55 each with free attaching options exercisable at $0.825. This follows a recent $8 million placement aimed at advancing key lithium projects.

Xero Limited reported a robust first half of FY26 with 20% revenue growth and strong cash generation, driven by sustained momentum across its core markets and the strategic Melio acquisition expanding its US footprint.

Activeport Group has landed a major contract to provide orchestration software for a GPU platform in Thailand, marking a significant step into the country’s expanding $10 billion telecommunications market.

Xero Limited reports a robust 20% revenue increase in H1 FY26, driven by strong subscriber growth and the strategic Melio acquisition. The company’s innovative AI platform and improved profitability underscore its confident path toward accelerated US market expansion.

Xero Limited reported a robust first half of FY26 with 20% revenue growth and a 42% jump in net profit, driven by the strategic acquisition of Melio and expanded AI capabilities.

Megaport Limited has successfully completed a A$200 million institutional placement to fund its acquisition of Latitude.sh and accelerate network growth in India, signaling a strategic push into hybrid cloud and AI-driven infrastructure.

Activeport Group Ltd is set to issue bonus options to shareholders in Australia, New Zealand, and Singapore, offering a non-cash reward without impacting its cash reserves.

Tamawood Limited reports a robust 39% sales increase and stronger cash reserves following new project management software implementation, but a glitch in Work in Progress reporting has triggered a trading blackout as auditors investigate.

Gathid Limited reported a 178% jump in Annual Recurring Revenue for FY25 alongside a major platform upgrade, but ongoing legal disputes over a business sale and a dip in early FY26 revenue raise fresh questions.

Vection Technologies has announced the acquisition of Monogic Limited, a digital marketing agency based in Hong Kong and Singapore, marking a significant step in its Asia Pacific expansion strategy. The deal enhances Vection’s AI and XR capabilities while adding immediate revenue and earnings contributions.