Latest Contracts News

ALS Limited reported a 25.8% jump in underlying net profit after tax to AUD 381.2 million for FY26, driven by strong commodity testing demand and margin expansion. The company raised its dividend and advanced major hub lab projects while navigating a post-year-end cyber incident.

Condor Energy has submitted its application to convert the offshore Tumbes Basin TEA 86 into a Licence Contract, securing 100% ownership and expanding its prospective resources to over 3.3 billion barrels of oil and 1 Tcf of gas.

Swift TV has completed initial rollouts across four sites of Australia’s largest aged care provider and secured three more sites under a multi-year recurring revenue contract, marking a key commercial milestone.

Pioneer Minerals has appointed Alaska Midnight Sun Drilling for its first reverse circulation drill campaign at the Springfield Tungsten, Gold and Gallium Project in Idaho, targeting high-grade multi-commodity mineralisation in Q3 2026.

Galilee Energy has secured a fixed-price drilling rig contract for its Zydeco-1 well in Louisiana, confirming a July 2026 spud date and reducing cost and scheduling risks ahead of a key Gulf Coast gas-condensate project.

Gentrack Group delivered steady revenue with a 12% rise in recurring income but saw EBITDA fall due to project delays and investment. The company announced two acquisitions to bolster AI and energy pricing capabilities alongside a $20 million share buyback plan.

Kiwi Property Group reported FY26 results showing 4.3% rental income growth, a stronger balance sheet with gearing down to 37.4%, and a dividend increase, while progressing key asset sales and development projects.

Clean TeQ Water has won a significant Design and Construct contract to deploy its proprietary ATA® tailings dewatering technology at Broken Hill Mines’ Rasp Mine, enabling a key production ramp-up and promising both near-term and long-term revenue streams.

Electro Optic Systems (ASX:EOS) has drawn down A$70m to fund the US$36m upfront payment for its MARSS acquisition, which now boasts a €140m earnout cap following a surge in Middle Eastern orders. The deal, pending completion, significantly expands EOS’s counter-drone footprint and order book.

Gratifii Limited has secured $10 million in new capital to acquire Simplicity Loyalty and invest strategically in Marketplacer, aiming to broaden its loyalty and rewards platform across Australia and New Zealand.

Nanoveu Limited (ASX: NVU) is acquiring Singapore’s Spinoff Robotics, securing proprietary drone platforms and engineering talent to integrate its AI silicon with custom airframes. This vertical integration aims to propel Nanoveu into sovereign drone solutions for defence and critical infrastructure.

Archer Materials progresses its Biosensor platform from alpha to beta prototype, targeting manufacturability and external validation with expanded diagnostic applications including lithium monitoring.