Latest Technology Enablement News

ReNu Energy has completed the sale of its hydrogen division and is set to acquire Janus Electric, a pioneer in electric truck battery swapping, backed by a substantial capital raise to scale operations.

Cluey Ltd reported a 24% surge in new student enrolments in Q3 FY25 alongside a 46% reduction in cash burn, signaling improved operational efficiency and a clearer path to profitability.

Axiom Properties reported a $200,000 cash reserve decline to $1.658 million for Q1 2025, driven by strong growth in its PaySure business and a pending $7.6 million land sale from its Mount Barker development.

InteliCare Holdings has secured a binding agreement to trial its AI-driven platform at mecwacare’s Trescowthick Centre, marking a significant step in its commercialisation strategy within Victoria’s aged care sector.

Bendigo and Adelaide Bank reported a modest dip in cash earnings for the half year ended December 2024, offset by strong residential lending growth and a maintained fully franked dividend. The bank’s strategic investments and digital transformation efforts continue amid margin compression and rising expenses.

Insurance Australia Group (IAG) reported a robust half-year performance with a $778 million net profit, underpinned by premium growth and improved insurance margins. The company also raised its interim dividend by 20%, signaling confidence in its strategic execution.

NoviqTech partners with H2i Group to tokenise emissions reductions from hydrogen-enhanced diesel engines, aiming to revolutionise carbon credit markets with real-time blockchain tracking.

Amaero has completed a A$22 million institutional placement, concluding nearly A$100 million raised since 2022 and positioning itself for commercialisation in FY2026 with a robust balance sheet.

WT Financial Group has reported a robust half-year performance with underlying revenue up 33.5% and net profit before tax rising 35.8%, driven by operational efficiencies and growing demand for financial advice services.

Calix Limited has successfully closed its Share Purchase Plan, raising $2.1 million to complement a prior $20 million institutional placement, strengthening its balance sheet to advance key environmental technology projects.

PARKD Ltd has secured a 7-day extension to its exclusive licence agreement with Fielders Steel Roofing, following successful proof-of-concept projects for its Metal Deck Support System. The extension aims to finalise terms for a longer-term commercial partnership.

Adisyn Ltd has completed its transformative acquisition of 2D Generation, securing a $10 million capital raise to accelerate development of graphene-enhanced semiconductor technologies. The company is positioning itself to disrupt key markets including defence, data centres, and cybersecurity.