Latest Security Operations News

Infotrust has completed a sweeping reshaping of its business, exiting Cloud and Communications, repaying $27 million in bank debt and acquiring Canberra cyber specialist Catalyst Cyber. The balance-sheet reset leaves the ASX-listed group targeting more than $6 million in FY27 underlying EBITDA, but its continuing business remains loss-making and execution risks are plainly visible.

AUCyber has added approximately $1.34 million in annual recurring revenue from two Australian university contracts, including a new 12-month deal with the University of New England worth more than $600,000 a year. The cybersecurity provider is also bidding for a separate university engagement valued at about $5.5 million, although that opportunity remains uncontracted.

Data#3 delivered another record year, lifting gross sales 12.7% to $3.4 billion and profit before tax 14% to $78.8 million. The result came with a higher dividend and stronger recurring sales, but weaker Services performance, lower margins and softer operating cash flow leave FY27 with a clear execution challenge.

Infotrust Ltd (ASX: ITS) reported a 9.8% rise in FY26 revenue to $64.1 million, powered by a strategic pivot to cyber security. The company exited its Cloud segment, repaid all bank debt, and acquired Catalyst Cyber to boost federal market presence, positioning for profitable growth in FY27.

Data#3 Limited has reported its strongest financial year yet, with gross sales soaring 12.7% to $3.4 billion and net profit after tax up 13.1% to $54.5 million, underpinned by robust demand for AI, cloud, and cyber security solutions.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Alcoa Corporation delivered a record quarterly revenue of $4 billion in Q2 2026, boosted by strong aluminium prices and operational restarts, while advancing a major acquisition of South32’s upstream assets.

Belararox, soon to be Vantage Metals, has sharpened its exploration focus at Botswana’s Kalahari Copper Project with new airborne electromagnetic data revealing additional copper targets. The company has locked in a drilling contractor and plans to start drilling imminently.

Harvest Technology Group has transitioned from assessing to actively executing its international defence market strategy by engaging a US national security advisory firm and appointing Dr Oleksandra Molloy as Defence Strategic Advisor for Europe.

icetana AI has expanded its strategic partnership with SoftBank Robotics Group by signing a distribution agreement with SoftBank Robotics America, marking its entry into one of the world's largest security technology markets.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Infotrust has agreed to acquire Canberra-based Catalyst Cyber, marking a strategic push into federal government cyber security markets with an expected earnings boost from the deal.