Latest Industrial Technology News

Structural Monitoring Systems Plc faces a high-stakes legal battle as CEO Ross Love and Turton House Group initiate Federal Court proceedings alleging adverse action and whistleblower victimisation.

Aurora Labs has partnered with Sovereign Propulsion Systems to advance testing and commercialisation of its novel turbine engines for defence applications, marking a significant step in UAV propulsion innovation.

Aurora Labs has raised $5.5 million through a strategic placement, partnering with Sovereign Propulsion Systems to advance its drone propulsion technology and expand manufacturing capabilities.

Aurora Labs has secured a $450,000 Phase 2 contract from the Australian Department of Defence to prototype a high-thrust, fuel-efficient propulsion system for unmanned aerial systems, building on its innovative 3D metal printing technology.

Hydrix Limited has responded to an ASX query following a sudden surge in its share price and trading volume, denying any undisclosed material information and reaffirming compliance with listing rules.

Advanced Braking Technology has appointed CEO Andrew Booth to the Board as Managing Director, signaling confidence in his leadership amid ongoing growth.

Calix Limited has inked a pivotal MOU and testing agreement with a leading aluminium company to advance its electric calcination technology, aiming to revolutionize alumina production with near-zero emissions.

SRJ Technologies Group Plc reported a 23% increase in revenue driven by a new subsidiary, yet losses widened significantly due to lower BoltEx® sales and subsidiary losses. No dividends were declared.

Volt Group Limited reports a 38% surge in EcoQuip revenue alongside steady progress in zero-emission technologies, positioning itself strongly in the clean energy transition.

Aurora Labs reported a 34% increase in loss after tax to $3.75 million for FY2025, alongside a 327% surge in revenue driven by defence contracts and 3D printing services. The company is progressing its micro gas turbine propulsion systems and pursuing aerospace certification to expand its market footprint.

Silex Systems reported a sharp increase in net loss for FY2025 alongside declining revenue and a significant drop in cash holdings. The company’s net tangible asset backing per share also fell markedly.

Calix Limited reported a 17% rise in product and services revenue for FY25, driven by its Magnesia and Leilac businesses, alongside a 23% reduction in operating expenses. The company extended its cash runway to 18 months, supported by a $21 million equity raise, while progressing key decarbonisation projects.