Latest Hardware News

Stealth Group has reported record FY26 results, with EBITDA up 46.2% and net profit up 86.3% after its HBT acquisition. The next test is converting the enlarged network into recurring platform value while keeping leverage contained.

Capability X is seeking A$12 million through a proposed ASX listing to expand its edge AI, remote operations and industrial safety business. The opportunity comes with a sharp financial caveat: FY2026 revenue fell to A$1.06 million, the company lost A$3.17 million and its auditor flagged material uncertainty over its ability to continue as a going concern.

Life360 has lifted its FY2026 revenue guidance after quarterly revenue surged 40% to US$174.1 million, powered by subscriptions and the Nativo-enhanced advertising business. The company also reported record third-quarter Paying Circle additions, while hardware volumes and gross margin remained under pressure.

Axon delivered record third-quarter revenue and a return to GAAP profitability, but committed US$1.2 billion to deepen its Skydio stake as delayed federal drone deployments lowered its 2026 outlook. Software growth remains strong, while inventory investment and higher debt weigh on cash generation.

Pathkey.AI has presented Chipforge as a functioning end-to-end AI platform for chip design, backed by independent testing, benchmark comparisons and a first proof-of-value contract. The harder test now is converting that engineering progress into recurring revenue before its A$5.8 million cash balance becomes a constraint.

Strategic Elements has secured its first commercial mining contract for Stealth Technologies’ EdgeiQ OnSite platform, worth approximately A$225,000 initially. A separate EdgeiQ Portable pilot has also launched after five underground trials with a Tier 1 mining company, giving the venture two potential routes into mining operations.

Pathkey.AI says an independent expert used its Chipforge platform to turn written specifications into working FPGA hardware without assistance from the company or manual code changes. The validation comes as Chipforge moves into pre-production customer work, but 88.5 million performance rights will also vest and the company’s benchmark comparisons remain internally generated.

Beam Communications has returned to positive underlying earnings and cash generation after exiting ZOLEO, but the reset comes with a materially smaller revenue base. The satellite communications group expects FY27 operating cashflow to remain positive despite forecasting lower revenue than FY26.

Janus Electric has mapped out an expansion across five US regions and Western Australia after building a 124-truck North American order book worth approximately A$64.6 million gross. The company reiterated FY27 revenue guidance of A$70 million to A$100 million, but delivery remains dependent on incentives, financing, battery supply and execution.

Arista Networks delivered third-quarter revenue well above its own guidance, with sales reaching US$3.66 billion and GAAP net income hitting US$1.56 billion. The networking specialist is now guiding to as much as US$4.0 billion in fourth-quarter revenue as it expands its AI infrastructure portfolio.

Nodestream has completed its $6.5 million placement, launched Missions and expanded its defence push across the US and Europe. But revenue remains under pressure, quarterly cash burn is substantial and auditors have warned of material uncertainty over the company’s ability to continue as a going concern.

Pathkey.AI has secured its first Chipforge customer contract ahead of the semiconductor platform’s commercial release, while a $2.8 million placement lifted quarter-end cash to $5.83 million. The company remains early-stage, with just $10,000 in customer receipts during the September quarter and further commercial conversion still to prove.