Latest Utilities News

Imagion Biosystems has secured FDA clearance to proceed with its Phase 1b/2 trial of the MagSense® HER2 Imaging Agent, targeting improved detection of HER2+ breast cancer. Patient recruitment is expected to start in Q3 2026, marking a crucial step toward commercialisation.

Tasmea Limited is set to acquire Maxim Group for up to A$254 million, bolstering its presence in Victoria and accelerating exposure to high-growth sectors like Data Centres, BESS, and Infrastructure. The deal promises immediate EPS accretion of around 31% and positions Tasmea as one of the largest electrical contractors on the ASX.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.

Aura Energy has secured a strategic non-binding MOU with a major international nuclear utility, underpinning funding and technical collaboration for its Tiris Uranium Project in Mauritania. The company has locked in a robust processing flowsheet and aims for a Final Investment Decision by the end of 2026.

Revolver Resources has completed the detailed 3D earthworks and facilities design for its Dianne Copper Mine Project, advancing procurement for key processing equipment and edging closer to a Final Investment Decision.

Papyrus Australia has secured a key milestone under its TBS Mining Contract by executing a board production deal with a Vietnam manufacturer, while raising $325,000 to support commercial scale-up and facility establishment.

Pointerra has locked in a multi-year deal with Origin Energy to deploy its Pointerra3D platform for automated monitoring of 750km of gas pipelines, marking a strategic expansion in its infrastructure analytics footprint.

ikeGPS Group delivered a strong FY26 with platform subscription revenue up 33% to NZ$19.2 million and positive underlying EBITDA in March, supported by AI-driven pricing and expanding US utility adoption.

2 Cheap Cars Group held its ground in a challenging FY26, delivering a net profit after tax of $3.2 million amid rising carbon costs and softer vehicle sales, supported by a robust second-half recovery and record finance penetration.

Klevo Rewards takes a major step in building a regulated crypto-financial platform by partnering with Bybit and proposing key acquisitions to expand Fly Wallet’s digital asset and credit capabilities.

Euro Manganese has cleared major regulatory hurdles for its Chvaletice Manganese Project, securing construction and land planning permits that significantly reduce project risk and pave the way for production in Europe’s only near-term high-purity manganese source.

Savor Limited has swung back to profitability in FY26, delivering a net profit after tax of $1.3 million alongside its strongest operating margin ever at 14.5%. The hospitality group also reduced leverage significantly and is set to pay its first dividend, marking a milestone after years of losses.