Latest Managed Services News

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DUG Technology has secured its first purchase order under a major multi-year deal with PETRONAS, nearly doubling the contract’s total value to over US$43 million. This milestone signals a significant ramp-up in DUG’s cloud-based geoscience services.
Sophie Babbage
Sophie Babbage
16 Sept 2025
Ventia Services Group has extended its facility management contract with the City of Sydney, locking in $100 million over two years and continuing a partnership that began in 2018.
Victor Sage
Victor Sage
12 Sept 2025
Ventia Services Group has won two major Defence Base Services Transformation contracts worth $2.7 billion, reinforcing its long-term role in supporting Australian Defence infrastructure.
Victor Sage
Victor Sage
11 Sept 2025
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.
Maxwell Dee
Maxwell Dee
11 Sept 2025
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.
Maxwell Dee
Maxwell Dee
10 Sept 2025
Novatti Group has offloaded its Emersion business to CGP Equity for $500,000, marking a strategic pivot to concentrate on its core payments infrastructure in Australia and New Zealand.
Claire Turing
Claire Turing
3 Sept 2025
DUG Technology has secured a multi-year contract with PETRONAS Digital to provide advanced cloud computing and geoscientific software services, marking a significant step in its global energy sector expansion.
Maxwell Dee
Maxwell Dee
2 Sept 2025
Atturra Limited has completed the acquisition of Blue Connections Pty Ltd for $18 million upfront, aiming to boost its managed services capabilities and establish a key Victorian hub. The deal includes performance-based earn-outs, signaling strategic growth in IT solutions.
Sophie Babbage
Sophie Babbage
1 Sept 2025
Halo Technologies Holdings Ltd reported a $6.06 million half-year loss, narrowing from last year’s $8.04 million, while preparing an $11 million rights issue to bolster its finances amid auditor concerns over asset valuations.
Claire Turing
Claire Turing
29 Aug 2025
Singular Health Group reported a $6.38 million loss for FY2025 while securing a pivotal $1.3 million commercial agreement with US-based Provider Network Solutions to deploy its 3DICOM software. The company also completed a major cloud migration of its platform, positioning itself for growth in the US healthcare market.
Victor Sage
Victor Sage
29 Aug 2025
Nexion Group Ltd has reported a significantly reduced net loss for FY25, driven by major asset sales and a strategic pivot towards AI and business intelligence. The company’s divestments are expected to strengthen its balance sheet and provide steady cash inflows.
Victor Sage
Victor Sage
29 Aug 2025
AVADA Group Limited reported a statutory net loss of $17.6 million for FY25, driven by impairments and challenging trading conditions, while completing a major business transformation aimed at future growth.
Victor Sage
Victor Sage
29 Aug 2025