Latest Software News

Vitrafy Life Sciences reports strong progress in cryopreservation technology development and US market expansion following a successful $35 million IPO. The company highlights improved biological sample preservation outcomes and strategic commercial milestones.

Vitrafy Life Sciences reported a dramatic increase in half-year losses to $25.7 million, yet successfully raised $35 million through an IPO to fuel its cryopreservation technology expansion.

NoviqTech Limited has announced a non-renounceable pro-rata entitlement issue of new options aiming to raise approximately $251,000. Eligible shareholders can subscribe at a low issue price, with options exercisable over three years.

InFocus Group Holdings has completed its acquisition of Bangkok-based Prodigy9, enhancing its software engineering and data analytics capabilities while aiming for rapid cash flow generation.

Vection Technologies secures a $4 million extension on a defence contract, reinforcing its position in AI-driven national security solutions and deepening its partnership with Dell Technologies.

Audeara Limited has landed a significant US$917,000 follow-up purchase order from a global music instrument manufacturer, reinforcing the commercial viability of its hearing technology and expanding its licensing footprint.

Vmoto reports a 33% decline in FY24 unit sales but maintains operational cash flow positivity and secures new joint ventures in Thailand and Mexico to bolster its electric mobility footprint.

Xref Limited shareholders convened to vote on SEEK Limited’s proposed $0.218 per share acquisition, representing a substantial premium over recent trading prices. The outcome hinges on shareholder and court approval, marking a pivotal moment for the software company’s future.

Yojee has formed a strategic joint venture with SmartClear to integrate advanced customs technology into its MOSAIC platform, supported by an oversubscribed $3.5 million capital raise aimed at fast-tracking growth in Australia and New Zealand.

Hansen Technologies has secured a pivotal five-year, A$50 million contract with Virgin Media Limited (VMO2), licensing its cloud-native software suite to enhance VMO2’s operational platforms and customer engagement.

IODM Limited has achieved a significant milestone in its UK Education segment, raising its minimum monthly revenue threshold by 50% to GBP75k and outperforming half-year revenue forecasts.

ResMed Inc. reported robust financial results for the quarter ended December 31, 2024, with a 10% increase in net revenue and a 65% jump in net income, driven by strong demand across its Sleep and Breathing Health and Residential Care Software segments.