Latest Government Technology News

Objective Corporation delivered 9% revenue growth and a 5% lift in net profit for FY2026, but the loss of a long-running Defence agreement and a separate NHVR contract will pressure recurring revenue in the year ahead. Management expects adjusted EBITDA of at least $40 million in FY2027 as it keeps investing in AI, sales capacity and potential acquisitions.

Generation Development Group started FY27 with group funds under management up 29% to $48.1 billion, led by record quarterly inflows at Generation Life and resilient growth at Evidentia. The update also points to new commercial opportunities for Lonsec in investment governance, although it contains no earnings or cash flow figures.

Aerometrex has landed a A$1.5 million contract with the NSW Government to supply aerial imagery and spatial data via its MetroMap platform over three years, reinforcing its foothold in government geospatial services.

MFF Capital Investments’ May update shows a modest fall in net tangible assets per share and outlines a cautious yet optimistic portfolio stance amid geopolitical tensions and technological advances.

Findi Limited reports a robust 51% increase in first-half revenue driven by strategic acquisitions and digital expansion, while securing a new $30 million funding facility to fuel further growth ahead of its planned FY27 IPO.

Axiom Properties has secured $1.4 million through an equity placement and plans a strategic rebrand to Axtec, aiming to accelerate growth in real estate technology. Additional convertible note financing is proposed to strengthen the balance sheet further.

MTM Critical Metals has appointed Gregory L. Bowman, a seasoned U.S. defense and industrial strategy expert, to the advisory board of its U.S. subsidiary Flash Metals USA, aiming to accelerate its critical metals refining technology and deepen ties with U.S. government stakeholders.

PainChek Limited reports a robust quarter with a 10% rise in annual recurring revenue and expanding global client base, underpinned by strong licence retention and positive clinical validation.

Objective Corporation has agreed to acquire Isovist, a leading e-planning software provider for local governments in Australia and New Zealand, enhancing its Planning and Building sector capabilities.