Latest It Services News

Metro Performance Glass reports solid operational gains and a stronger balance sheet amid ongoing construction market challenges, though revenue falls short of earlier forecasts.

Aquirian Limited advances its Drillforce subsidiary with new technology and equipment while mutually ending a planned joint venture with Topgroup, who remains a strategic shareholder.

Electro Optic Systems has secured two major counter-drone contracts worth US$45 million, highlighting rising defence demand amid Middle East conflicts. The largest order involves the Slinger Remote Weapon System for a Middle Eastern customer, with deliveries planned for 2026.

Pacific Lime and Cement Limited has formalised a landmark agreement with the Papua New Guinea government to develop the country’s first integrated lime and cement manufacturing platform, marking a major step in PNG’s industrial growth.

Excite Technology Services has secured $1.05 million through convertible notes, aiming to capitalise on its strongest operational cash flow quarter and accelerate growth.

TZ Limited has completed a A$1.5 million capital raise at a premium, appointed David Sampaklis as Group CEO with significant shareholding, and repaid A$1 million of debt, positioning itself for growth in data centre security.

American Tungsten & Antimony Ltd (AT4) has submitted a drilling permit for the historic Fraction Lode tungsten mine and commenced refurbishment of its Dutch Mountain processing mill, marking a pivotal step in its US tungsten supply chain strategy.

InteliCare has secured its largest contract yet, signing a five-year $8.8 million agreement with Victorian aged care provider mecwacare to deploy its AI-driven platform across 22 residential facilities.

OMG Group has launched two new matcha brands targeting both premium and mass-market consumers, supported by a five-year exclusive supply agreement for ceremonial-grade Japanese matcha. This move positions OMG to capitalise on the booming global matcha market through a vertically integrated strategy.

Whitehaven Coal has received stable BB+ and Ba1 credit ratings from major agencies, alongside investment grade BBB- ratings for its senior secured debt, underpinning its US$1.1 billion refinancing strategy.

GoldArc Resources has kicked off two major drilling campaigns at its Leonora South Gold Project, aiming to expand and de-risk its existing gold resource base through a strategic partnership and innovative funding model.

Frontier Energy has secured indicative senior debt terms worth around $220 million for its Waroona Renewable Energy Project, moving closer to finalising financing and supply contracts. The company is also considering mezzanine financing to optimise its funding structure.