Latest Technology News

Firebird Metals has raised A$6 million through a placement led by top-tier institutions and directors, aiming to fast-track its manganese-rich cathode technology and expand R&D capabilities in Australia and China.

Variscan Mines has completed a detailed 3D laser survey at its Udías Mine, revealing extensive under-explored zones and confirming a geological connection to the San Jose Mine. This breakthrough supports ongoing drilling and promises to enhance future resource estimates and mine planning.

Zeotech Limited has successfully raised $13 million through a strongly supported placement, positioning the company to advance mining operations at its Toondoon Kaolin Project and progress its AusPozz™ feasibility study.

Vection Technologies has agreed to acquire Australian digital transformation firm DXLabs, adding immediate revenue and expanding its footprint across APAC with promising cross-sell opportunities.

Vection Technologies reports a 60% revenue surge in 1H25, secures a $21 million equity raise, and strengthens its position in defence AI and spatial computing with a robust $75 million sales pipeline.

Vection Technologies has secured $21 million through an upsized placement driven by strong defence sector momentum and announced a binding offer to acquire digital transformation firm DXLabs, bolstering its revenue and growth prospects.

Electro Optic Systems updates its 2025 revenue outlook to $115-125 million from existing contracts, with potential for an additional $25 million from new orders. The company’s contract backlog has jumped to $299 million, reflecting strong demand despite some delays in contract signings.

Caspin Resources has successfully raised $4.5 million through a heavily oversubscribed equity placement, positioning the company to advance drilling at its Weethalle Gold and Bygoo Tin projects in New South Wales.

Scalare Partners has acquired Brisbane-based virtual CFO provider Planet Startup, enhancing its services for early-stage tech ventures and signaling continued growth through strategic acquisitions.

Vinyl Group has finalized an equity conversion agreement with Songtradr, extinguishing nearly $2 million in liabilities and gaining full control of the Vinyl.com domain. This move strengthens the company’s balance sheet and sets the stage for its FY26 growth ambitions.

Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.

Metal Powder Works Limited reports its FY25 annual results, highlighting the accounting treatment of its reverse acquisition and a significant goodwill write-off tied to legacy operations.