Latest Engineering News

Australian Agricultural Projects reported a lower FY2026 profit as it shifted 285 hectares from leasing to direct farming, but the new model generated a $2.36 million net benefit and stronger operating cash flow. Debt fell, equipment improved and management is budgeting for an 800,000 to 870,000 litre harvest next season.

EcoGraf’s preliminary review has identified potential to lift Epanko Stage 1 production from 73,000 to 87,600 tonnes per annum, while reducing first-10-year C1 costs by 5.8%. The higher-output case remains subject to further engineering, financing work and a Final Investment Decision.

Nick Scali delivered a sharp recovery in FY26 earnings, with net profit rising 31.2% to $75.7 million as gross margins widened and the UK loss narrowed. The furniture retailer is entering FY27 with a larger showroom network, a new distribution centre and four further ANZ openings planned.

Comet Ridge now controls the entire Mahalo Gas Hub after completing its Santos buyout, but the annual report flags a material uncertainty over funding and a potential $28.7 million CleanCo settlement. The company is targeting a final investment decision while remaining pre-production and reliant on further finance.

Podium Minerals says optimisation work has maintained approximately 80% overall 3E recovery while cutting the targeted size of its downstream recovery circuit by about half. The technical gains came alongside a larger annual loss and an explicit reliance on further funding to advance Parks Reef.

PaySauce has moved its Global Payroll Platform from development into commercial operation in Australia, while first-quarter FY27 ARR rose 8% to $9.5 million. The expansion is supported by a stronger cash position, but higher customer acquisition costs and lower profitability leave execution firmly in focus.

Unico Silver has secured approximately A$60 million from institutional and sophisticated investors, taking pro forma cash to about A$110 million. The capital will fund 20,000 metres of drilling, a maiden PFS due in January 2027 and continued advancement of a DFS through 2027.

Brightstar Resources says laboratory testwork across deposits representing about 80% of its Sandstone resource supports a conventional gravity and carbon-in-leach processing route, with average recoveries around 94%. The results provide the processing basis for the project’s pre-feasibility study, although Bull Oak and further variability testing remain outstanding.

4DMedical delivered sharp growth in scans, sites and operating revenue as CT:VQ moved into commercial deployment across several global markets. But the company remains loss-making and its auditor issued a qualified opinion over the carrying value of goodwill and other intangible assets.

ClearVue Technologies and LandVac have begun the first real-world deployment of their jointly developed photovoltaic glazing at a Macau hotel. The side-by-side test will measure power generation, thermal performance and cooling demand against legacy single glazing, giving the project its first operating data outside development conditions.

Stakk says recurring contracts now support 100% of its approximately A$55.2 million FY2027 pro-forma revenue forecast, while fresh international wins are being built into the FY2028 growth story. The company will establish Singapore as its non-US commercial, service and technology hub from November 2026.

Zimi has secured an exclusive three-year distribution agreement with Directed for retail, direct-to-consumer and direct-to-business sales across Australia and New Zealand. The deal gives its next-generation Matter devices access to more than 10,000 retail outlets, although commercial terms and guaranteed sales volumes remain undisclosed.