Latest Connectivity News

Spark New Zealand’s FY26 results highlight a return to mobile service revenue growth, a significant gain from the sale of its data centre business, and a strategic review of its Digital Services division.

SCX.ai Holdings Limited is set to raise $40 million through a fully underwritten IPO at $0.30 per share, aiming to scale its sovereign AI inferencing platform built on ASIC hardware within Australian data centres. The company targets the fast-growing AI IaaS market with a focus on secure, low-latency AI workloads.

Schaffer Corporation reported a modest 8.6% decline in net profit for FY26 to $22.2 million, with a rebound in Automotive Leather offset by a loss at Delta and strong gains from its South Connect Jandakot property development.

ION Video has appointed two seasoned executives to its board and elevated Anthony Baker to Managing Director as it sharpens focus on scaling its patented video technology. Founder Finbar O’Hanlon steps back from the board to concentrate on innovation and expanding the company’s IP portfolio.

American Uranium has launched extensive aquifer pump testing at its Lo Herma Mine Unit 1, reinforcing progress toward in-situ recovery development and feeding data into a Q4 2026 Scoping Study.

Breville Group delivered record FY26 revenue of AUD 1.81 billion and EBIT of AUD 207 million, navigating tariff volatility and currency headwinds while completing a major manufacturing diversification.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.

Goodman Group has locked in a 20-year lease with a global hyperscale customer for the initial 50 MW phase of its Tsukuba Tech Central data centre campus in Greater Tokyo, setting the stage for a major digital infrastructure hub ready by early 2028.

Mercury NZ Limited posted a staggering 32,000% surge in net profit for FY26 despite an 8% revenue dip, underpinned by strong renewable generation and disciplined cost control.

Vector Limited (NZX:VCT) posted a 55% jump in net profit to $240 million for FY2026, driven by a 20% rise in adjusted EBITDA and a record $544 million capital investment in Auckland’s electricity network.

Broken Hill Mines (ASX: BHM) has unveiled a significant new high-grade silver, lead, and zinc discovery at its Centenary Zone, expanding the resource with thick, high-grade intercepts that connect a 1,600m strike length and promise a resource upgrade later this year.

Recharge Metals has locked in a heritage survey and lodged a mining lease application over its Prospero Deposit, setting the stage for a maiden 30,000m drilling campaign at Sunset Well in WA’s Eastern Goldfields.