Latest Defence Sector News

Hydrix Limited has bolstered its balance sheet by raising $3.89 million and converting $5.1 million of debt into equity, positioning itself to expand its Defence technology footprint following a $1.2 million contract with NIOA Group.

Electro Optic Systems (ASX:EOS) has closed its three-year turnaround and is now poised for growth, backed by a landmark high-energy laser contract, a major European acquisition, and a $175 million capital raise.

Critica Limited has achieved a major leap in rare earth product quality at its Jupiter Project, producing a Mixed Rare Earth Oxide with approximately 97% Total Rare Earth Oxide and strong recovery rates that bolster its mine-to-magnet ambitions.

Li-S Energy has secured vital approvals to airfreight lithium-sulfur prototype cells to the United States, paving the way for direct engagement with US defence and drone sectors.

Evion Group has secured an exclusive option to acquire a high-grade fluorspar project in Nevada, complementing its graphite assets and supported by a $6.5 million capital raise to fund US expansion and exploration.

EV Resources’ maiden drilling at Los Lirios reveals a broad, shallow antimony carbonate replacement system with promising high-grade intercepts, setting the stage for a potential bulk-tonnage open-pit development and a maiden JORC resource by Q3 2026.

4DS Memory is accelerating commercialisation of its 60nm ReRAM technology in India, aligning with the country’s AUD$25 billion semiconductor investment and targeting mature-node industrial and defence sectors.

Bhagwan Marine expects FY26 EBITDA between $44.5m and $46.5m, buoyed by Riverside Marine acquisition despite Middle East conflict causing project delays. The company highlights margin gains, disciplined costs, and rising recurring revenue as it advances integration and growth plans.

Adisyn’s subsidiary 2D Radar has teamed with Israeli plastics giant Raval to fast-track graphene-enhanced stealth parts for drones, aiming to compress development-to-production timelines from years to months.

Eden Innovations attributes recent share price rise to an upcoming US defence forum presentation, confirming no undisclosed material information.

Senetas Corporation reports robust FY2026 progress, completing key Middle East and South American sales while its Menlo Security investment continues to appreciate. The company anticipates revenue growth driven by sovereign encryption demand and new market opportunities.

McLaren Minerals reminds shareholders of the closing date for its discounted Share Purchase Plan, offering up to $30,000 in shares at $0.016 each. The capital raise supports ongoing development of its titanium and zircon projects in Australia.