Latest Technology News

Enlitic, Inc. has launched a two-tranche institutional placement to raise A$10 million, underpinning its strategic collaboration with GE HealthCare and fueling expansion in AI-enabled medical imaging data migration.

Enlitic has formalised a binding MOU with GE HealthCare to deliver multi-million-dollar migration services, contingent on raising A$10 million through a new capital placement. This partnership and funding round mark a pivotal step in Enlitic’s growth strategy within AI-driven medical imaging.

Global uranium enrichment leader Urenco has agreed to invest A$5 million in Australian technology developer Ubaryon, forming a strategic partnership that validates and accelerates a novel uranium enrichment process.

Venus Metals Corporation’s subsidiary Redscope has won a $52,500 grant from the WA Government to co-fund diamond drilling at the Pincher Copper Project, targeting a significant geophysical anomaly. Drilling is set to begin in June 2025, advancing exploration of a promising volcanogenic massive sulphide system.

Caspin Resources has raised $2.1 million through a two-tranche equity placement to fund ongoing exploration at its promising Bygoo Tin Project, following encouraging high-grade drill results. The capital raise underscores strong investor confidence as further assay and metallurgical results are anticipated soon.

Zeotech Limited has signed a non-binding MOU with global trading giant MSI to negotiate offtake agreements for its Toondoon Kaolin Project, potentially unlocking significant early cash flow and enhanced mining economics.

XPON Technologies Group has acquired Alpha Digital for $1.72 million upfront plus performance earn-ins, immediately adding $4 million in recurring revenue and fast-tracking its path to profitability.

XPON Technologies has agreed to acquire Alpha Digital, a leading Australian digital marketing firm, in a deal designed to fast-track AI-driven growth and profitability. The acquisition adds $4.6 million in revenue and sets the stage for expanded AI-powered marketing solutions.

OD6 Metals has secured regulatory approval to resume exploration at its historic Gulf Creek Copper Project in NSW, with assay results from six completed drill holes expected soon to shape future programs.

Chrysos Corporation reported a 25% year-on-year revenue increase in Q3 FY25, driven by strong growth in sample volumes and expanded deployment of its PhotonAssay technology across key mining regions.

Next Science Limited has successfully had a derivative complaint dismissed in Florida, while continuing legal action against former employees for breach of post-employment restraints.

Green Critical Minerals has secured a formal sample request from a leading European thermal management provider, marking a significant step in commercialising its VHD Graphite technology across multiple high-demand sectors.