Latest Contract Awards News

Acusensus has secured major contract expansions across Australia and New Zealand, driving a 15.8% revenue increase in Q2 FY25 and bolstering its cash reserves to $30.3 million. The company’s strategic international push and innovative enforcement technologies position it for sustained growth.

DroneShield has secured three contracts worth $11.8 million from an Asia Pacific military customer, signaling growing adoption of its counter-drone technology in the region.

Critical Minerals Group (CMG) has secured a $2.7 million federal grant to fast-track its vanadium electrolyte manufacturing facility in Queensland, alongside key project milestones and strategic leadership appointments.

Strata Minerals Ltd is set to commence its inaugural drilling program at the Penny South Gold Project in Western Australia, targeting extensions of world-class high-grade gold deposits. Concurrently, exploration activities are gearing up at the Biranup Gold Project, promising a busy year ahead for the ASX-listed explorer.

Develop Global Limited reports significant progress at its Woodlawn copper-zinc mine, with the processing plant upgrade 70% complete and underground ore production set to begin in March 2025. The company has secured a US$65 million funding facility and projects A$425 million in pre-tax cash flow over the first three years post-ramp-up.

Meeka Metals has made substantial strides in developing its Murchison Gold Project, backed by a fully funded expansion and a robust feasibility study projecting $1 billion in pre-tax free cash flow over 10 years. With first gold targeted for mid-2025, infrastructure and mining operations are advancing ahead of schedule.

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.

BrainChip Holdings reports a US$20 million cash balance and key defense contracts in its December 2024 quarterly update, underscoring its growing foothold in neuromorphic AI commercialization.

Aurora Labs has secured significant contracts in the Defence sector, advancing its micro gas turbine technology and expanding production capabilities following a successful capital raise.

Mayfield Group Holdings has landed a $20 million contract for the Central West Orana Renewable Energy Zone, significantly boosting its project pipeline through 2028.

Monadelphous Group Limited has landed new contracts worth approximately $150 million, including a major construction project at Rio Tinto's Brockman 4 mine and a multi-year water management panel in the Pilbara region.

Etherstack has secured a $1.2 million contract with AT&T to supply wireless network equipment, reinforcing its role in mission-critical communications and promising revenue growth this financial year.