Latest Technology News

xReality Group is rapidly transforming its business by focusing on its high-growth Operator XR training platform, while preparing to divest legacy entertainment assets. The company reports record revenue and expanding global reach, particularly in the US defence and law enforcement sectors.

Eclipse Metals confirms a significant inferred resource of rare earth elements at its Grønnedal Project in Greenland, highlighting coarse-grained mineralogy and efficient processing potential that could position it as a key Western supplier.

Sprintex Limited has boosted its Türkiye presence by extending its exclusive distribution deal, securing a new A$377,000 order, and launching larger Jet Blowers aimed at industrial and municipal markets.

Euro Manganese has signed a non-binding term sheet with UK-based Integrals Power to supply high-purity manganese sulphate for next-generation LMFP battery cathodes, aiming to strengthen sustainable battery supply chains.

Renergen has awarded preferred bidder status for the Phase 2 EPC contract of its Tetra4 LNG and helium liquefaction project to the He4u consortium, marking a significant step forward in the Virginia Gas Project.

Cosmo Metals has revealed significant new gold lode extensions at its Nundle Goldfield project in NSW, following interpretation of preliminary LiDAR survey data. The findings highlight underexplored potential in historic mining areas, setting the stage for targeted drilling.

Everest Metals has been accepted into the US Defence Industrial Base Consortium, unlocking strategic collaboration and funding opportunities for its Mt Edon Rubidium Project in Western Australia. This milestone advances Australia’s first commercial rubidium production, addressing critical global supply shortages.

Credit Intelligence Ltd has agreed to sell its 60% stake in the loss-making subsidiary OneStep Information Technology Limited for a nominal sum, expecting a modest gain. This move aligns with its strategic pivot towards profitable ventures amid ongoing ASX suspension challenges.

Inventis Limited has agreed to sell its Electronic Circuit Designs division for A$2.4 million, while retaining an option to repurchase the business within a year. The move aims to reduce debt and streamline operations ahead of a planned technology-driven growth phase.

TALi Digital has successfully raised $800,000 through a private placement to fuel the commercialisation of its digital health products aimed at enhancing childhood cognitive attention.

NEXION Group has issued 800,000 convertible notes to raise $80,000, aiming to fund costs related to a proposed acquisition. The notes carry a 10% interest rate and may be repaid in cash or converted into shares and options, pending shareholder approval.

Simble Solutions Limited has resumed trading on the ASX following the announcement of its capital raise details, ending a recent suspension.