Latest Technology Sector News

DroneShield has triggered the vesting of 44.5 million performance options after surpassing $200 million in cash receipts, setting ambitious new revenue hurdles up to $500 million to drive future growth and shareholder alignment.

Mad Paws Holdings Limited shares have been suspended from the ASX following court approval of its acquisition by Rover Group, Inc. This marks a significant milestone in the pet services sector consolidation.

Felix Group Holdings announces the resignation of Co-Founder and CEO Mike Davis, effective November 12, 2025, with CFO James Frayne appointed as Interim CEO as the company embarks on a search for new leadership.

DXN Limited has landed a $1.8 million contract to design and deliver a prefabricated modular Cable Landing Station, marking its entry into a growing digital infrastructure market.

Tinybeans Group has acquired US-based Qeepsake, adding 49,000 paid subscribers and boosting pro-forma revenue by 85%, accelerating its path to profitability.

Nexion Group has completed the sale of its networks business for $4.1 million, marking a strategic pivot towards data centre operations and its AI-driven FuseAI software platform. The company is restructuring and preparing to resume ASX trading amid evolving revenue streams.

Locate Technologies has dispatched its Scheme Booklet to shareholders, outlining the proposed acquisition by Locate NZ and urging a vote in favour at the upcoming virtual meeting.

DTI Group secures a major $2 million contract with Rio Tinto for autonomous locomotive tech and re-enters the European market through a new agreement with CAF.

InteliCare Holdings reported a $834,000 operating cash outflow for Q3 2025 but bolstered its balance sheet with a $1.8 million capital raise, positioning itself to sustain operations over the coming quarters.

Thrive Tribe Technologies reported a $451,000 net operating cash outflow in Q1 FY26 but bolstered its cash reserves to $589,000 through over $1 million in equity placements. The company progressed its Thrive Tribe Home Base initiative and expanded its digital business units while managing a limited cash runway.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

American West Metals reports robust drilling results at its Storm Copper Project in Canada and renews momentum at its West Desert Project in Utah, supported by a $7 million capital raise to advance critical metals development.