Latest It Services News

Decidr AI Industries accelerated its commercial growth with a 71% jump in annualised exit-rate revenue to $13.6 million and bolstered its cash position to $23.4 million following a $14.2 million equity raise.

archTIS surged to a record FY2026 with Annual Recurring Revenue hitting $14.8 million, driven by major US and Australian Defence wins and expanding its customer base beyond defence.

Tolu Minerals has delivered its most intensive drilling campaign at Tolukuma, uncovering two new high-grade gold veins and maintaining a strong cash position as it targets first production by early 2027.

Minbos Resources has appointed a new CEO, secured key funding tranches, and progressed construction at its flagship Cabinda Phosphate Project, targeting plant inauguration by December 2026.

Scalare Partners has completed its acquisition of Fishburners, significantly boosting its founder network to around 40,000 and strengthening its national footprint. The company reported steady customer receipts of $5.29 million and raised a $5 million convertible note facility to fund ongoing growth.

Gratifii closed FY26 with record cash receipts of $66.3 million, completed a $10 million capital raise, acquired Mosh Social Media, and launched its new Connect+ platform powered by Marketplacer.

Pepper Money is set to become the servicer for a massive A$36 billion loan portfolio from HSBC Australia following its acquisition by a Blackstone-controlled entity, aligning with Pepper Money's strategy to expand its capital-light servicing business.

Cosmos Exploration has completed its merger with EAU Lithium, securing key partnerships and technology to progress lithium development in Bolivia. The company also committed to acquiring a German-built pilot plant to support its VULSORB® extraction technology.

Orbital Corporation broadened its international footprint with new UAV propulsion orders across the US, India, and Middle East, while advancing its Power by the Hour service to underpin recurring revenue streams.

Nexus Minerals has completed nearly 22,000m of RC drilling at Wallbrook, delivering strong gold intercepts and setting up an updated resource estimate by September. The company also moved to acquire Northern Star's remaining 10% stake in the Pinnacles JV, consolidating full ownership.

Fluence Corporation delivered a 14.7% revenue increase in H1 2026, driven by a 34.7% rise in higher-margin Smart Product Solutions and Recurring Revenue, alongside record backlog growth and strategic leadership appointments.

Arcadia Minerals is progressing financing talks for its Swanson Tantalum Project amid a tantalum price rally, while defining drill targets for its nickel and lithium projects in Namibia.