Latest Automation News

WhiteHawk has locked in A$685,000 from customer renewals and program expansions, reinforcing its foothold in cybersecurity across financial services, education, and government sectors.

Xref Limited reported steady sales growth and improved cash flow in Q4 FY26, driven by core platform adoption and the rapid uptake of its new Xref.me product.

Enlitic has locked in binding commitments for a conditional A$15 million capital raise alongside a convertible note conversion, setting the stage for a clearer path to cashflow break-even and accelerated rollout of its SaaS platform.

BCAL Diagnostics has acquired a 10.2% stake in Genetic Signatures for $1.39 million, aiming to merge early cancer detection with infectious disease diagnostics and expand its international footprint.

Recce Pharmaceuticals has received a significant A$3.7 million income tax refund from the Australian Taxation Office, strengthening its cash position to approximately A$33.1 million as it prepares for critical Phase 3 clinical milestones.

Latrobe Magnesium has reached a third of construction completion at its Phase 1B Demonstration Plant, maintaining strong safety standards and progressing key installation milestones. The company targets first magnesium metal output in the second half of 2026, aligning with prior guidance.

CONNEQT Health Limited is offering eligible shareholders a share purchase plan to raise up to $0.5 million at a 24.3% discount, aiming to fund its next growth phase in vascular health technology.

Way2VAT has restructured its debt with Bank Hapoalim, securing a larger $4.876 million facility and extending loan terms to three years to support growth and approach breakeven.

ikeGPS Group Limited reported a 33% surge in subscription revenue to NZ$19.2 million for FY26, driven by AI-powered product innovation and expanding adoption among North American utilities. The company achieved positive underlying EBITDA in March and ended the year with NZ$33 million cash and no debt.

Adore Beauty has expanded its debt facilities with Commonwealth Bank, increasing total capacity to $25.2 million to support inventory growth and a new semi-automated distribution centre.

Talius has landed a $1.15 million contract with Seventh-day Adventist Aged Care (North NSW), doubling its recent Queensland deal and adding over $100,000 in annual recurring revenue.

Axtec Limited has obtained a fresh $1 million funding commitment from Oriental University City Holdings, aiming to accelerate its real estate automation strategy. The staged funding will convert into convertible notes pending shareholder approval.