Latest Saas News

DroneShield Limited has delivered a blockbuster quarter with record revenue and operating cash flow, driven by new SaaS products and major government contracts. The company is positioning itself for sustained profitability and expansion into civilian markets.

DroneShield has promoted Angus Harris to Chief Technology Officer, reinforcing its leadership as it scales to meet rising global demand in defence markets. Meanwhile, Angus Bean shifts to Chief Product Officer to sharpen the company’s product strategy.

IMDEX Limited reported a resilient FY25 with steady margins, reduced net debt, and strategic acquisitions positioning it for growth. The company’s FY26 outlook is optimistic, supported by improving global exploration activity and technology adoption.

Connexion Mobility reported a modest 1% revenue increase to $2.9 million in Q1 FY26, while net profit before tax declined 19% due to the absence of prior quarter government incentives. The company is advancing its SaaS platform footprint in US automotive retail and investing strategically in Covertrue Group.

Compumedics has secured a $2.15 million placement to fast-track commercialisation of its Somfit D device following early FDA approval, positioning the company for significant growth in the US home sleep testing market.

Articore Group Limited has reported its first profitable quarter in four years, delivering a $0.8 million EBIT in 1QFY26 and reaffirming its FY26 guidance amid strategic investments in AI and new product launches.

DroneShield has launched DroneSentry-C2 Enterprise, a SaaS platform designed for national-scale counter-drone command, with its first paid deployment set for early 2026 on the Eastern NATO flank.

JAYRIDE Group Limited has partnered with Xoomplay to integrate in-vehicle media and advertising into its SaaS platform, aiming to transform vehicles into dynamic media assets across Southeast Asia and Australasia.

333D Ltd reports a fifth consecutive quarter of revenue growth, secures $1 million in fresh capital, and expands its blockchain healthcare initiatives while building a strategic Bitcoin treasury.

Catapult Sports Ltd has announced a strategic acquisition of German soccer analytics firm Impect GmbH, funded by a fully underwritten A$130 million placement and a share purchase plan. This move enhances Catapult’s platform with advanced scouting and tactical insights, positioning the company for accelerated growth.

Catapult Sports is set to acquire German soccer analytics innovator IMPECT, backed by a A$150 million equity raise, enhancing its global sports technology platform with proprietary scouting insights.

Infomedia Limited has received crucial regulatory clearance from the German Federal Ministry for Economic Affairs and Energy for its proposed acquisition by McQueen BidCo, advancing the scheme of arrangement. The company’s board continues to recommend shareholder approval amid remaining conditions.