Latest Defense Sector News

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.

Victory Metals Limited has announced a major upgrade to its North Stanmore Heavy Rare Earth Elements Project, with 71% of the resource now classified as Indicated and total tonnage rising to 247.5 million tonnes at 520 ppm TREO. This positions North Stanmore as a globally significant heavy rare earth clay deposit with promising scandium potential.

Titomic Limited has appointed Jim Simpson as Managing Director, consolidating leadership as the company accelerates its expansion in the US additive manufacturing market.

AML3D has delivered Copper-Nickel components for the U.S. Navy’s Virginia-Class submarine program in under five weeks, a dramatic reduction from traditional manufacturing timelines, reinforcing Australia’s role in the AUKUS defense supply chain.