Latest Communications News

Energy Technologies has outlined two signed commercial arrangements for its Cogenic laser display technology, including a SYNCH purchasing framework worth up to US$10 million and a 5% royalty licence with Amalgamated Vision. The opportunity is meaningful, but the SYNCH arrangement carries no minimum order commitment and still depends on product specifications, acceptance and purchase orders.

Australian Oil has moved its Surat Basin restart strategy closer to production, with Emu Apple-1 producing about 14 barrels of oil a day without water and Major-4 preparations advancing. The company ended the quarter with A$1.415 million in cash after raising A$1.404 million, but reported funding of about 2.7 quarters at its current outgoings.

American Uranium’s Mine Unit 1 pump test sustained 19.2 gallons per minute for 48 hours, producing results the company says support an in-situ recovery development pathway at Lo Herma. The data now feed into a planned Scoping Study, although further testing and permitting work remain.

BSA has signed a binding agreement to acquire 100% of Eonetics, bringing tethered-drone communications technology into its national infrastructure services business. The transaction remains conditional on due diligence, regulatory clearance and shareholder approval.

Verbrec has secured approximately A$22 million of water and wastewater infrastructure awards since the start of FY2027, led by a NZ$15.1 million headworks project in New Zealand. The contracts extend into FY2028 and support the company’s existing FY2027 revenue guidance, although margins and cash-flow timing remain undisclosed.

Ovanti sharply reduced its quarterly operating cash outflow to A$491,096, helped by higher customer receipts and cost reductions. But with only A$227,000 in cash, the ASX-listed fintech remains dependent on further funding, operating receipts and uncertain legal recoveries.

Codan has set a first-half FY27 NPAT floor of $162 million after delivering record FY26 results, while targeting Communications revenue growth at the upper end of its 30% to 40% range. The company is benefiting from exceptional demand for unmanned systems, although visibility in conflict markets remains limited beyond the near term.

Critical Minerals Group is seeking up to $2.05 million to begin definitive feasibility work at its Lindfield Vanadium Project, backed by existing shareholders and a new non-executive director. The raise could increase shares on issue by 27% if fully subscribed, with key related-party commitments still requiring approval.

Pro Medicus has signed a seven-year, A$24 million contract with Billings Clinic - Logan Health for a cloud-based deployment of its Visage 7 imaging platform. The transaction-based structure offers potential additional upside, although the announcement does not quantify future volumes or revenue timing.

Austco Healthcare is pursuing its largest acquisition to date, combining a real-time monitoring software business with an aged care nurse call specialist in a deal worth up to an estimated $19.3 million. The transactions would add debt, recurring revenue and integration risk as the company expands beyond its core Tacera platform.

Latrobe Magnesium says its Phase 1B demonstration plant is 95% installed and 35% commissioned, keeping first magnesium metal crowns above 98% purity on track for the end of 2026. The operational advance comes alongside a tight funding position, an extended A$3.4 million entitlement offer and an ambitious South Carolina expansion plan.

Santana Minerals has moved the Bendigo-Ophir Gold Project closer to development, with a draft Fast-track Approvals decision expected in the December quarter and a competitive project debt process now underway. Strong Rise and Shine drilling and an A$179.7 million quarter-end cash balance provide further support, although construction remains conditional on approvals, financing and a final investment decision.