Latest Security Technology News

Ava Risk Group announces the upcoming retirement of CEO Mal Maginnis, with senior executive Neville Joyce appointed as Acting CEO. The company embarks on a global search for a permanent replacement amid strong recent growth.

Scout Security has entered a binding agreement to acquire New York-based Roo Inc in a merger of equals, combining their complementary home security technologies and customer bases to create a scalable global security-as-a-service platform.

Micro-X Ltd has secured its largest-ever $3.3 million Rover Plus order from Malaysia’s Ministry of Health and is progressing critical Head CT imaging trials, supported by a $4.4 million government grant.

Intelligent Monitoring Group reports a modest Q1 cash inflow amid restructuring and acquisitions, with a growing $45.2 million pipeline and promising prospects for its ADT Guard live video monitoring service.

Ava Risk Group reported a solid start to FY2026 with $9 million in Q1 sales orders and a $7.5 million backlog, underpinning its guidance for a profitable first half.

Elsight Limited has reported a landmark Q3 2025 with record revenue growth and sustained profitability, driven by booming defence budgets and expanding commercial drone markets.

Icetana Limited reports a strategic pivot to a SaaS-driven revenue model with recurring income now dominating its sales, despite a 49% drop in total revenue for FY25. A landmark partnership with SoftBank Robotics aims to fuel growth in Japan and beyond.

Scout Security Limited reported a reduced half-year loss of $1.63 million, completed a $4.5 million recapitalisation, and signed a non-binding letter of intent to acquire New York-based Roo Inc., aiming for a combined EBITDA positive future.

DroneShield’s DroneSentry counterdrone system has earned official recognition from the UK’s National Protective Security Authority, boosting its credibility and market potential amid rising drone threats.

Ava Risk Group has secured $0.9 million in contracts to deploy its Aura Ai-X fibre sensing technology for border protection in Latvia and a major Australian transport infrastructure project, underscoring growing demand in critical security sectors.

Excite Technology Services has shattered its previous sales record, achieving $7.14 million in contract value for September 2025, driven by strong demand in cybersecurity and digital forensics.

Micro-X’s U.S. arm has won a $2.5 million contract extension from the Department of Homeland Security to enhance its passenger self-screening technology, pushing total DHS funding to nearly $32 million.