Latest It Infrastructure News

A US court has dismissed Identitii's patent infringement claim against JPMorgan Chase, citing patent ineligibility. Identitii plans to appeal, while its core business remains unaffected.

Catalina Resources is fast-tracking exploration across its newly acquired Mid-West portfolio in WA, targeting gold and base metals with drilling planned within six weeks. The company’s strategic positioning near the Kirkalocka processing plant and a recent capital raise underpin its near-term development ambitions.

Canadian Phosphate (ASX: CP8) is raising up to AUD 4.85 million via a renounceable rights issue at a 22% discount, aiming to accelerate development of its newly acquired Diamond Mountain Project in Utah and advance exploration in Canada.

Findi Limited surged revenue by 36% to $83 million for FY26 but posted a hefty $52.6 million net loss, weighed down by integration costs and capital delays. The company completed a major consolidation of its Indian financial infrastructure assets and secured $25 million in fresh capital to support growth and liquidity.

Superloop has finalized its $165 million purchase of Lightning Broadband, adding 56,000 secured lots to its Fibre-to-the-Premises network across six Australian states and territories. The deal, funded by cash and debt, keeps net leverage low and comes with regulatory approval of a functional separation framework to support open-access wholesale services.

PolyNovo has completed its pivotal US clinical trial report for NovoSorb BTM and adjusted its FDA Premarket Approval submission timeline to late 2026 to incorporate updated regulatory requirements and additional data.

ArborGen Holdings delivered its strongest revenue in five years with $68.2 million, driven by a 14% surge in Brazil and an 8% rise in adjusted EBITDA despite US market headwinds. The company’s focus on advanced genetics and operational efficiency underpins a confident FY27 outlook.

Veris Limited has landed over $2 million in new contracts across rail, energy, and digital infrastructure, reinforcing its strategy to expand proprietary digital platforms and data-led services.

Haranga Resources has wrapped up its Phase 3 Reverse Circulation drilling at Senegal’s Ibel South, revealing pervasive hydrothermal alteration and pyrite mineralisation consistent with a Birimian-style gold system. Assay results expected by end June will determine the next exploration steps.

Perpetual Resources has achieved a major breakthrough in reducing iron impurities in its Beharra silica sand, pushing product quality closer to the coveted solar glass standard with a simple, low-cost processing approach.

Intelligent Monitoring Group has officially closed its $45 million acquisition of BlueSky Holdco, adding Tyco NZ and Red Wolf Security to its New Zealand portfolio and boosting its local workforce to over 500.

Cuscal has finalised its purchase of New Zealand’s Paymark, aiming for earnings growth and a strong return on capital in the coming financial year.