Latest Technology Sector News

Ainsworth Game Technology’s CEO Harald Neumann faces a setback as the Nevada Gaming Control Board recommends withdrawing his license application, prompting a board review of his role.

Cyclopharm Ltd has been hit with legal proceedings by 4D Medical Limited, accusing it of making false and misleading statements during a March webinar. Cyclopharm denies the allegations, calling the claim without merit.

Koba Resources has acquired exclusive rights to two historically rich tin-tungsten projects in Queensland’s Herberton Tin Field, supported by a $4.35 million capital raise to fund exploration and drilling.

Jayride Group Limited’s shares have been suspended from trading on the ASX following concerns over its financial health and a critical auditor’s disclaimer. The suspension highlights significant regulatory scrutiny and investor risk.

Klevo Rewards Limited has extended the closing date of its entitlement offer to 15 October 2025, aiming to raise up to $4.12 million through a discounted share issue. This move provides shareholders additional time to participate in the company’s capital raising effort.

Aurora Labs has secured a $450,000 Phase 2 contract from the Australian Department of Defence to prototype a high-thrust, fuel-efficient propulsion system for unmanned aerial systems, building on its innovative 3D metal printing technology.

Linius Technologies has addressed a late filing of a director's interest notice, attributing the delay to an administrative oversight involving a new class of securities. The company has updated its processes and will re-brief directors to ensure future compliance.

Thrive Tribe Technologies has announced a 1-for-2 pro-rata non-renounceable entitlement offer at $0.003 per share, aiming to raise approximately $618,736 to support its working capital needs. The offer closes on 10 October 2025 and targets eligible shareholders in Australia, New Zealand, and Malaysia.

Spirit Technology Solutions forecasts strong FY26 growth with revenue surpassing $114 million and underlying EBITDA rising between 14% and 23%. The company signals ongoing expansion through organic and potential inorganic avenues.

Sprintex Limited has raised $1.5 million through a strategic placement to advance its ammonia-reduction technology in Europe, supported by pending orders worth €9.3 million. The funding underscores growing investor confidence amid tightening environmental regulations.

Power Minerals confirms a high-grade carbonatite hard rock intrusion at its Santa Anna Rare Earth Elements Project in Brazil, with promising grades and ongoing drilling aimed at defining a maiden resource estimate.

Bailador Technology Investments has realised $25 million from its SiteMinder stake at a premium, while maintaining a controlling interest and signalling confidence in the company’s growth.