Latest It Services News

NoviqTech has agreed to sell its Carbon Central and Fuel Central assets for AUD 1 million, freeing up resources to expand its biochar carbon dioxide removal projects through Coralia.

Elders Limited has secured final regulatory approvals from FIRB and ACCC to complete the sale of Killara Feedlot to Australian Meat Group, with transaction completion anticipated by the end of June.

XPON Technologies is selling its Google Marketing Platform and Cloud Platform business to Incubeta for an initial A$5.5 million cash plus up to A$2 million earn-out, aiming to accelerate growth in its Wondaris AI Marketing Platform and fund AI-focused acquisitions.

Centaurus Metals’ Jaguar Nickel Sulphide Project in Brazil gains substantial Pará State tax incentives, including full exemptions and reductions on key operational costs, enhancing the project’s economic outlook ahead of a planned investment decision.

PMET Resources has endorsed NRW Holdings’ ALi® atmospheric leach process for producing battery-grade lithium carbonate, highlighting its economic and environmental advantages. NRW is advancing commercialisation with ongoing testing and development plans.

Hydralyte USA secures A$392,000 through a share placement, appoints two new non-executive directors, and implements significant cost reductions following CEO resignation as it targets cash-flow break-even and strategic expansion.

GR Engineering Services has secured a $233 million EPC contract with Ora Banda Mining for a 3.0 Mtpa process plant at the Davyhurst Expansion Project, reinforcing its strong project pipeline into FY27 and FY28.

1414 Degrees has cleared a key technical hurdle at its Aurora Energy Precinct in South Australia, moving its Stage 1 battery storage project into commercial transmission negotiations amid strong interest from major data centre players.

X2M Connect has unveiled a new AI-enabled bidirectional streetlight controller in South Korea, expanding its smart city platform and tapping into a $225 million annual market.

Medallion Metals has identified a significant new sulphide lode, Hillsborough Deeps, beneath the Gem deposit at Kundip, with drilling and electromagnetic surveys indicating strong potential for resource expansion.

Norwood Systems has extended its voicemail services contract with a major Tier 1 telecommunications operator through to mid-2028, expected to generate approximately A$1.5 million in revenue over the term.

GCM Corporation expands its VHD heat sink portfolio to 44 products and moves into liquid cooling OEM markets for AI servers, securing global distribution via DigiKey.