Latest Smart Cities News

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SenSen Networks has reported a strong financial turnaround in FY2025, driven by rapid expansion in North America and innovative AI kerb enforcement technology. The company’s improved margins and positive cash flow signal a promising outlook for its Smart Cities strategy.
Sophie Babbage
Sophie Babbage
29 Aug 2025
Beonic Ltd has raised a total of $4.18 million through convertible notes to fund product innovation, repay debt, and advance its North African Airport Project. Major shareholders and directors are backing the raise, subject to shareholder approval.
Sophie Babbage
Sophie Babbage
21 Aug 2025
X2M Connect reports improved revenue trends and a strengthened balance sheet after securing $5.5 million in new contracts, positioning the company for growth in FY26. A recent capital raise aims to reduce debt and fund expansion in key markets.
Sophie Babbage
Sophie Babbage
31 July 2025
SenSen Networks has reported its first full year of positive operating cash flow, driven by strong growth in its Smart Cities segment and strategic cost reductions.
Sophie Babbage
Sophie Babbage
15 July 2025
X2M Connect Limited has announced a non-renounceable entitlement offer to raise approximately $2.26 million, issuing new shares and options to eligible shareholders. The capital raise aims to strengthen the company’s balance sheet and support AI platform enhancements and market expansion.
Sophie Babbage
Sophie Babbage
15 July 2025
SenSen Networks has successfully completed a key contract with Montréal’s Agence de mobilité durable, driving record full-year revenue growth exceeding 20%. The company anticipates strong cash collections into FY26, underscoring its expanding global footprint in AI-driven urban management.
Sophie Babbage
Sophie Babbage
30 June 2025
X2M Connect has secured a $3 million deal to supply 100,000 IoT-connected personal safety devices for Seoul’s 2025 Smart City initiative, with potential to scale to one million units.
Sophie Babbage
Sophie Babbage
23 June 2025
FOS Capital is set to acquire Aldridge Traffic Systems' street lighting assets for $3.1 million, backed by a $3.7 million equity raise to fund the deal and expansion plans.
Victor Sage
Victor Sage
11 June 2025
SenSen Networks has extended its contract with Brisbane City Council for kerb management and enforcement solutions, including a large-scale rollout of its innovative SenPIC technology, in a deal valued at an estimated $8 million over four years.
Sophie Babbage
Sophie Babbage
2 May 2025
Traffic Technologies reports a robust order book with long-term contracts and significant cost reductions, despite ongoing working capital challenges.
Sophie Babbage
Sophie Babbage
31 Jan 2025
Nanoveu Limited reports strong momentum in its EyeFly3D technology with a significant purchase order and launches an AI-powered app, while advancing its strategic acquisition of semiconductor innovator EMASS.
Sophie Babbage
Sophie Babbage
31 Jan 2025
Orcoda Limited reports robust SaaS revenue growth in its Transport Technology division for 1H FY25, offsetting challenges in its Infrastructure Services business. The company maintains optimism for future contracts and strategic expansion.
Sophie Babbage
Sophie Babbage
31 Jan 2025