Latest Observability News

Orbital UAV has entered the Middle East market with a USD 1.1 million order from a UAE sovereign government for its 50HFE propulsion systems and signed a long-term distribution agreement to expand its UAV propulsion presence.

Mesoblast Limited (ASX:MSB, Nasdaq:MESO) reported net sales of US$30.3 million for its FDA-approved cellular therapy Ryoncil in the March quarter, bringing total revenue since launch close to US$100 million. Strong sales in February and March offset January’s seasonal dip.

Xenitra Limited (ASX:XEN) has introduced the OPAL Token and Xen Shop, a blockchain-based digital commerce ecosystem aimed at improving product authentication, customer loyalty, and sales transparency across its Asian FMCG markets.

PhosCo Ltd has reported significant phosphate mineralisation from recent drilling at the KM prospect within its Gasaat Phosphate Project in Tunisia, supporting upcoming maiden resource estimates and project optimisation efforts.

Native Mineral Resources has locked in a $4 million unsecured loan from a related party to finance exclusive mining rights at the Podosky Gold Project, avoiding equity dilution amid a tight funding window.

Telix Pharmaceuticals posted an 11% increase in Q1 2026 revenue to US$230 million, reaffirmed full-year guidance, and reported progress in multiple clinical trials including its lead prostate cancer therapy TLX591-Tx.

BluGlass Limited (ASX: BLG) has entered a A$1.3 million strategic collaboration with a Fortune 500 global data storage company to advance photonics research using its proprietary visible laser technology.

NEXTDC Limited (ASX:NXT) has announced a A$1 billion wholesale offer of subordinated hybrid securities, fully backed by a binding commitment from Canadian investment group La Caisse. The capital raise aims to support NEXTDC’s growth strategy and infrastructure expansion through to FY29.

GoldArc Resources (ASX:GA8) has reported consistent high-grade gold intersections from a recent 20-hole RC drilling program at its Eclipse prospect, supporting advancement towards a maiden Mineral Resource Estimate within its Leonora South Gold Project.

Summerset Group Holdings Limited reported a 34% increase in new occupation right sales in the first quarter of 2026 compared to the same period last year, alongside a 19% rise in resales. Despite rising fuel prices linked to geopolitical tensions, the company maintains a strong sales pipeline and cost management strategies.

Duketon Mining Limited has started its inaugural drilling campaign at the Barlee Gold Project, targeting multiple significant gold anomalies, while completing reverse circulation drilling at the Boodanoo Project with assay results pending.

Schaffer Corporation Limited (ASX:SFC) has closed its prior on-market share buy-back program that ended on 30 June 2025 and announced the commencement of a new buy-back, with further details pending.