Latest Technology News

Norwood Systems has extended the repayment date on its key loan facility to July 31, 2025, with the principal reduced to $318,341 following significant repayments. This move supports the company’s ongoing growth initiatives, including its recent Optus contract win.

Nanoveu’s subsidiary EMASS has demonstrated a 33% increase in simulated drone flight time using its ultra-low-power ECS-DoT AI chip, marking a significant step toward real-world drone autonomy and efficiency.

Domain Holdings Australia Limited is set for acquisition by CoStar Group at $4.43 per share, a premium supported by the Domain Board, Independent Expert, and controlling shareholder Nine. The scheme awaits shareholder and court approval, with a meeting scheduled for August.

FirstWave Cloud Technology has secured a $400,000 AUD licensing agreement with Claro Dominican Republic, marking a strategic expansion into Latin America's telecom sector.

SenSen Networks has successfully completed a key contract with Montréal’s Agence de mobilité durable, driving record full-year revenue growth exceeding 20%. The company anticipates strong cash collections into FY26, underscoring its expanding global footprint in AI-driven urban management.

Locate Technologies has successfully raised A$320,000 through its At-the-Market Facility, reinforcing its balance sheet as it advances its SaaS delivery platforms Locate2u and Zoom2u.

Spenda Limited has partnered with APG Pay to develop a closed-loop corporate credit platform, backed by a $50 million funding commitment, aiming to transform B2B payments across multiple industries starting with corporate travel.

ClearVue Technologies has secured $746,574 through a mix of equity and debt to support its international commercialisation efforts amid shifting market conditions.

Vection Technologies has landed a $4.4 million follow-on contract from a top global defence contractor, bringing cumulative orders to around $10 million and setting the stage for a potential $21 million pipeline through 2030.

Gumtree Australia Markets Limited has agreed to sell its Capital Markets Business to ADVFN Limited for $6.8 million, streamlining its focus and reducing debt significantly.

Aerometrex has renewed and extended its multi-million dollar agreement with Landchecker, significantly increasing its annual recurring revenue through the MetroMap platform.

SportsHero has launched its iGV Family Game Pass in partnership with Indonesia’s second-largest telco, Indosat, offering gamers access to over 200 popular PC titles via direct carrier billing.