Latest It Services News

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Service Stream Limited has landed a major long-term contract with the Australian Department of Defence to manage property and asset services across South Australia and the Northern Territory, marking a significant expansion into defence infrastructure support.

Syrah Technologies has secured a US$11.7 million cash payment from the US government under the Inflation Reduction Act, marking a significant financial boost for its Vidalia Active Anode Material facility.

Scout Security has completed the first tranche of a $600,000 capital raise amid its ASX trading suspension, aiming to settle debts and progress towards relisting.

InFocus Group Holdings has locked in up to AUD 1.7 million in potential revenues through new contracts in healthcare and logistics, underpinning its operational expansion in Southeast Asia.

360 Capital Mortgage REIT has announced a 1-for-1 non-renounceable entitlement offer priced at net asset value to raise approximately $45.2 million, aiming to fund new loan investments and diversify its portfolio.

RemSense Technologies has landed its inaugural contract with Shell Energy to deploy its virtualplant platform for offshore facility commissioning, marking a pivotal step in its global expansion.

Perenti’s underground mining arm, Barminco, has secured a significant four-year contract at the Dalgaranga Gold Project, promising to bolster Australian earnings and operational scale.

Spark New Zealand has launched its ambitious SPK-30 strategy, refocusing on core connectivity services with heavy investment in 5G and AI-driven customer experiences. The plan aims to deliver stable returns and sustainable growth amid evolving market dynamics.

AssetOwl Limited has secured two new technology development contracts worth over A$550,000, marking a strategic push into sustainable energy solutions. Executive Director Bevan Dooley will spearhead these initiatives, signaling a renewed focus on innovation and growth.

Adavale Resources has launched an offer of over 82 million new options following recent placements that raised approximately $3.1 million. These options, exercisable at $0.035 each, aim to reward investors, directors, and the lead manager while potentially raising further capital.

NSX Limited has dispatched the Scheme Booklet to shareholders detailing the proposed acquisition by a CNSX-related entity, with a hybrid Scheme Meeting scheduled for 10 October 2025.