Latest Defence News

Thrive Tribe Technologies (ASX:1TT) has locked in A$4 million through a share placement to accelerate its AI-enabled workforce engagement software, targeting enterprise and defence sectors.

Energy Transition Minerals (ASX: ETM) has appointed Alexander B. Gray, a former senior US national security official, to its Strategic Advisory Board, enhancing its geopolitical clout and US engagement as it pushes forward with its Greenland rare earths project.

Independent analysis by the University of Tasmania’s CODES endorses Right Resources’ Pilot Project as a Reduced Intrusion-Related Gold System, highlighting significant gold and tungsten prospectivity in Tumbarumba, NSW.

Hydrix Limited has launched the retail phase of its accelerated entitlement offer aiming to raise up to $8.18 million by issuing six new shares per existing share at $0.005 each, plus free options. The institutional component has closed, and retail shareholders have until 5 June to participate.

Service Stream is set to broaden its industrial services reach through the acquisition of Queensland’s RIE Group, a specialist in high-voltage electrical and instrumentation services. The deal enhances Service Stream’s market presence in key energy sectors amid ongoing contract wins.

Pioneer Minerals has begun restoring the Springfield Mine access road at its North Pine Project in Idaho, unlocking critical site access that will slash exploration costs and speed up fieldwork for tungsten, gold, and gallium targets.

Ionic Rare Earths (ASX: IXR) has secured binding agreements to supply critical rare earth oxides to US-based Advanced Magnet Lab, supporting domestic production of permanent magnets for defence applications under a US Defense Logistics Agency contract.

Electro Optic Systems (ASX:EOS) invites eligible shareholders to participate in a capped A$25 million Share Purchase Plan at the same price as its recent A$150 million institutional placement, supporting its MARSS acquisition and growth strategy.

Western Yilgarn has revealed high-grade, shallow gallium mineralisation from re-assayed drill pulps at its Cardea 1 Project, highlighting potential for a large-scale critical minerals resource in Western Australia’s Darling Range.

1414 Degrees Limited has responded to an ASX price query after its shares jumped from $0.056 to $0.097 in days, confirming no undisclosed information but highlighting progress in aerospace and energy projects.

Codan Limited is acquiring the intellectual property of US-based Adaptive Dynamics to enhance its electronic warfare and mission-critical communications capabilities, aiming to strengthen its position in next-generation defence programs.

Godolphin Resources is spinning out its Narraburra Rare Earths Project into a new ASX-listed entity, Matrix Critical Minerals, with MST Financial appointed to spearhead the IPO expected in the second half of 2026.