Latest It Services News

KMD Brands is set to reduce its share count from nearly 1.8 billion to about 72 million through a 1 for 25 consolidation effective early July 2026, simplifying its capital base without changing shareholder value.

ClearView Wealth has lodged its Scheme Booklet with ASIC, outlining Zurich's $0.65-per-share takeover offer and setting the stage for a pivotal shareholder vote on 27 July 2026.

Dalaroo Metals has kicked off mobilisation for its most ambitious exploration program yet at the Blue Lagoon Rare Earth Elements Project in southern Greenland, aiming to extend a 2.7km mineralised corridor offshore and onshore.

Viva Energy has brought its Residue Catalytic Cracking Unit back online at the Geelong Refinery, pushing production to over 90% capacity following a fire in April. However, the Alkylation unit remains offline and is expected to be out of action throughout 2027.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Beonic Ltd has closed its 5-for-9 renounceable entitlement offer, raising $1.58 million before costs, surpassing initial uptake expectations and reducing underwriting obligations.

CONNEQT Health has lodged an FDA Pre-Submission for SphygmoCor Cloud, aiming to shift its arterial health analytics from hardware to a scalable software platform with broad commercial potential.

Element 25 has taken a tangible step forward in its Butcherbird Expansion Project with the arrival of a critical processing component, a custom-built logwasher, at Fremantle Port. The project remains on schedule for commissioning in early 2027, underpinning the company’s plan to boost manganese concentrate output to 1.1 million tonnes per annum.

OD6 Metals has dramatically expanded its Quinn Fluorspar Project in Nevada, staking 226 mining claims across seven project areas and uncovering multiple historic high-grade fluorspar occurrences. This strategic move positions the company to develop a district-scale operation supplying critical minerals to the US market.

Vection Technologies has locked in approximately $2.3 million in new AI-related contracts spanning healthcare, luxury fashion, public services, airport passenger assistance, and security, pushing total orders since April 2026 to around $7 million.

FortifAI Limited (ASX: FTI) has laid out its vision for the burgeoning Agentic AI infrastructure sector, spotlighting its Nol8 AI Data Plane technology designed to tackle critical GPU underutilisation and data delivery bottlenecks. The company projects a $120 billion total addressable market by 2030, driven by explosive growth in AI agent workloads and data movement demands.

Discovery Alaska is progressing preparations for its first drilling campaign at the Boulder Creek project in Idaho, targeting historic high-grade zones identified in the 1980s alongside recent encouraging rock samples.