Latest Technology Sector News

New Frontier Minerals advances its Harts Range heavy rare earths project with imminent drilling and secures a strategic alliance to develop its NWQ copper assets, positioning itself strongly in critical minerals supply.

Locate Technologies has successfully raised NZ$1 million to bolster its balance sheet ahead of its planned listing on the New Zealand Exchange this December. The capital raise reflects strong investor confidence as the company prepares to transition its logistics technology platform to a new market.

Comms Group reported robust FY25 results driven by domestic expansion, including the strategic acquisition of TasmaNet, and strong international growth in its Global and Wholesale division.

Atturra Limited reported a robust 24% increase in both revenue and underlying EBITDA for FY25, propelled by its cloud platform, AI innovations, and defence sector contracts. The company forecasts continued momentum into FY26 with ambitious growth targets.

Belararox Ltd announces the immediate resignation of founding Managing Director Arvind Misra, with Chairman Neil Warburton stepping in as interim leader during the search for a new executive director.

Gentrack Group Limited reported an 8% rise in revenue to NZD 230.2 million and a remarkable 119% jump in net profit for the fiscal year ending September 2025, yet declared no dividend.

Gentrack Group reported a strong FY25 with revenue up 8% and net profit more than doubling, driven by key deployments of its new g2.0 cloud platform and robust growth in its airports division Veovo.

Infomedia Ltd shares will halt trading following the Supreme Court of NSW's approval of a takeover scheme by a TPG Capital-backed entity. This marks a pivotal moment for the software company as it transitions to private ownership.

The Supreme Court of New South Wales has approved the acquisition of Infomedia Ltd by a TPG-managed entity, setting a clear path for the scheme’s implementation and a special dividend payout.

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.

4DS Memory Limited has declared invalid a shareholder notice seeking to remove Executive Chairman David McAuliffe and other directors, rejecting calls for an extraordinary general meeting.

Janus Electric Holdings has updated its FY25 financials with audited figures, correcting prior R&D expense misstatements and recognizing an impairment on its Vaulta investment, resulting in a net loss of $8.9 million.