Latest Technology News

Klevo Rewards Limited has secured a crucial extension from the ASX, pushing back its automatic removal date to 17 November 2025. This move gives the company time to complete a $4.1 million entitlement offer and meet conditions for reinstatement to trading.

CDC, Infratil’s data centre arm, has locked in approximately 100MW of new contracted capacity, reinforcing strong demand driven by cloud and AI workloads in Australasia. This milestone supports CDC’s target to double FY25 earnings by FY27.

Raiz Invest Limited reported robust FY25 results with record active customers and funds under management, underpinned by strategic partnerships and AI-driven innovation. The company projects positive earnings growth for FY26 amid a competitive fintech landscape.

Tambourah Metals has identified seven promising antimony drill targets at its Speewah Nth project, supported by strong silver and copper anomalies from recent sampling. The company plans up to 1200 metres of reverse circulation drilling pending approvals.

RareX has locked in a A$50 million equity funding facility with GEM Global Yield to back its Mrima Hill rare earths project in Kenya, contingent on project approval. This deal strengthens RareX’s international partnerships and provides flexible capital to advance its development plans.

Australian Unity Limited has announced a $120 million equity raising through a pro rata entitlement offer and wholesale placement, underpinning its ongoing transformation and capital management strategy. The company also reported robust FY2025 financial results, highlighting significant revenue growth and improved profitability.

Swift Networks Group has completed an oversubscribed $1.6 million placement to fund the rollout of its Swift TV platform, with strong backing from insiders and major shareholders.

Identitii Limited has issued 45 million shares to partially settle an $800k loan, increasing a key shareholder's stake to 29.92%. This move reflects ongoing capital restructuring within the tech firm.

Green Critical Minerals has locked in a $5.2 million underwriting agreement to support the exercise of its expiring options, reinforcing its commercialisation strategy for innovative VHD graphite technology.

Micro-X’s U.S. arm has won a $2.5 million contract extension from the Department of Homeland Security to enhance its passenger self-screening technology, pushing total DHS funding to nearly $32 million.

Atomos Limited has expanded its secured debt facility by $2 million, increasing its total borrowing capacity to $15.7 million, signaling confidence in its strategic turnaround and upcoming product launches.

Caspin Resources’ initial ore sorting tests at the Kelpie Tin Deposit reveal significant grade upgrades, promising enhanced project economics and development flexibility at the Bygoo Project in NSW.