Latest Thermal Management News

A volatile week for ASX tech saw a steep sell-off in freight software, while defence AI and RegTech contract wins pulled buyers back into smaller names. Big corporate actions kept attention on what’s real: signed deals, cash timelines, and who pays whom, and when.

GCM Corporation is advancing its commercialisation strategy with multiple prototypes across key global markets and sectors, aiming for revenue in the first half of 2026.

GCM Corporation’s latest quarterly report confirms its VHD thermal management technology outperforms copper and aluminium, while commercial and US listing plans gain momentum.

Pure Resources Limited has bolstered its financial position with a $1.7 million placement and confirmed the presence of premium large to jumbo flake graphite at its Garnet Hills Project, setting the stage for downstream development in the US market.

Alpha HPA Limited has raised A$225 million in a fully underwritten placement to fund the commercialisation of Stage 2 of its High Purity Alumina project, with strong backing from the National Reconstruction Fund Corporation. This capital injection positions the company to become the world’s largest single-site HPA manufacturer, supporting critical semiconductor supply chains.

PWR Holdings has secured a US$9.1 million follow-on contract to supply advanced cooling solutions for a US government aerospace and defence project, extending its involvement through FY 2027.

Pure Resources advances its graphite-driven thermal management strategy, forging U.S. collaborations to tap into booming data centre and defence cooling sectors.

Alexium International has acquired Microtek Laboratories’ microencapsulation and phase-change material business, backed by a $6.8 million entitlement offer to strengthen its manufacturing and innovation capabilities in the US.

Pure Resources has verified the presence of large to jumbo flake graphite at its Garnet Hills project in Western Australia, highlighting its potential for premium pricing and strategic US downstream applications.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.

Independent testing by UNSW confirms Green Critical Minerals’ Very High Density (VHD) technology outperforms copper and aluminium in thermal conductivity and diffusivity, positioning it as a breakthrough in thermal management.

Green Critical Minerals has signed a landmark MoU with South Korea’s Komex Carbon Corporation to co-develop and commercialize Very High Density (VHD) carbon products, marking GCM’s first international commercial agreement and a key step toward revenue generation in 2026.