Latest Software News

Connexion Mobility has secured an exclusive supplier agreement with Hyundai Motor America to design, develop and manage a connected car-powered dealer lot platform across the United States. The strategic win adds a major OEM relationship, but its financial value and dealer uptake remain undisclosed.

RocketBoots has moved its major multinational retailer contract from integration into live US store installations, issuing its first €84,445 invoice for cloud activation and initial deployments. The milestone puts the company closer to accessing approximately A$9.1 million in annual recurring revenue, although the wider rollout remains phased and customer-led.

Vitasora says its remote-care model is now functioning, with estimated September-quarter revenue of US$1.028 million and a September exit rate of about US$17,400 a day. The next test is execution: turning planned Care Coordinator hiring into sustained, reconciled revenue and operational break-even.

LGI Limited (ASX:LGI) is buying two operating Queensland solar farms for $22 million, adding 42MW of export capacity at a price below the company’s stated greenfield replacement cost. The transaction lifts LGI’s targeted medium-term renewable and dispatchable capacity pipeline beyond 120MW, although the projected earnings contribution depends on electricity prices, synergies and software integration.

Activeport has secured a stage-one contract worth more than A$1 million to deploy its network orchestration software across Microscan’s 1,800-kilometre pan-India fibre network. The agreement could expand recurring licence revenue, although the timing and scale of that contribution remain undisclosed.

Locate Technologies has reported its first quarterly net profit as a listed company, with Locate2u revenue surging 72% and operating cash flow turning strongly positive. The result marks progress in its shift towards logistics software, although a November debt refinancing remains an immediate test.

FirstWave Cloud Technology has secured an approximately A$1.06 million placement to fund sales conversion and the launch of Open-AudIT 7 and an AI fault-diagnosis product. The raise follows a sharp reduction in losses, positive operating cash flow and a lower cost base, but adds about 151.3 million shares to the register.

Stakk has executed a five-year US$9 million agreement with US banking technology provider Candescent, with its AI-powered cheque and document intelligence already deployed. The contract commits approximately US$1.8 million in annual revenue through 2030 and is expected to contribute above Stakk’s FY2027 revenue milestone.

Artrya has signed a five-year agreement with Huntsville Hospital Health System, converting the first participant in its SAPPHIRE Study into a commercial customer. The deal carries a minimum contracted value of US$0.5 million for Salix Coronary Anatomy, with further usage-based revenue possible from other modules.

xReality Group has identified unaudited adjustments that deepen its FY26 loss by $5.79 million and cut net assets from $14.0 million to $6.7 million. Customer revenue and cash flow are unchanged, but trading is suspended until the audit and amended accounts are completed.

Victor Group Holdings’ audited FY2025 accounts were materially worse than its preliminary figures, with loss before tax rising to AUD 9.33 million from AUD 275,449. Newly recognised impairments and a sharp increase in depreciation turned preliminary comprehensive income of AUD 48,679 into a AUD 9.06 million loss.

BSA is proposing to acquire aerial infrastructure technology business Eonetics in a largely scrip-based transaction that would leave the sellers with about 39.9% of BSA. The deal remains non-binding, with one seller yet to sign and multiple approvals still required.