Latest Innovation News

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EVE Health Group has initiated stability testing for its novel oral treatments targeting erectile dysfunction and dysmenorrhea, marking a crucial step toward regulatory approval in Australia. The company also finalizes its acquisition of Nextract, the developer behind these innovative formulations.
Ada Torres
Ada Torres
2 June 2025
Metal Powder Works has doubled its production capacity for advanced metal powders using its patented DirectPowder™ process, achieving this milestone without additional capital expenditure. The company also cut production cycle times by up to 40%, positioning itself as a key US supplier for defence applications.
Victor Sage
Victor Sage
2 June 2025
DUG Technology has secured its inaugural commercial lease for the DUG Nomad, a cutting-edge mobile immersion cooling system, marking a key milestone in its edge computing ambitions.
Sophie Babbage
Sophie Babbage
2 June 2025
TruScreen Group Limited has successfully raised NZ$2.35 million through a share placement, attracting new institutional investors from Asia, while launching a discounted share purchase plan for existing shareholders.
Ada Torres
Ada Torres
2 June 2025
Singular Health Group has completed a $773,000 placement with Marin and Sons, alongside exercising options and issuing shares under its employee incentive plan, strengthening its capital base.
Ada Torres
Ada Torres
2 June 2025
Articore Group Limited has announced a major leadership overhaul, appointing Robin Mendelson as Chair and Vivek Kumar as CEO, signaling a strategic pivot to strengthen its North American market position.
Sophie Babbage
Sophie Babbage
2 June 2025
Castile Resources has successfully detected Iron Ore, Copper, and Gold mineralisation at Pathfinder 38 using innovative Ambient Noise Tomography Survey technology, marking a first in exploration targeting. This breakthrough could redefine the company’s strategy to expand its Rover 1 style deposits.
Maxwell Dee
Maxwell Dee
2 June 2025
Mayfield Group Holdings has agreed to acquire BE Switchcraft for $7 million, enhancing its manufacturing footprint and product range in energy management and automation. The deal positions Mayfield as a stronger player in Australia's electrical infrastructure market.
Victor Sage
Victor Sage
2 June 2025
Fintech Chain Limited reported a 24% revenue increase to RMB55.9 million for FY2025 driven by new SaaS products, yet it remains in the red with a net loss of RMB4.8 million. The company has also applied for delisting from the ASX.
Sophie Babbage
Sophie Babbage
30 May 2025
Nanoveu Limited has successfully completed the second tranche of its upsized capital raise, securing $720,000 through share issuance and listed options, with a final $400,000 tranche pending shareholder approval.
Sophie Babbage
Sophie Babbage
30 May 2025
Papyrus Australia has secured a pivotal contract with UniSA to establish a Rapid Prototyping and R&D facility, advancing its sustainable packaging technology and commercial production plans.
Victor Sage
Victor Sage
30 May 2025
Papyrus Australia reported a $52,000 operating cash outflow for April 2025 but bolstered its liquidity with $239,000 in financing inflows, extending its funding runway to over a year.
Maxwell Dee
Maxwell Dee
30 May 2025