Latest Defence Technology News

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VEEM Limited has completed a $14 million placement to accelerate its growth in the defence sector, highlighted by a new 9-year manufacturing licence agreement with Northrop Grumman valued initially at US$33 million. This positions VEEM alongside major US defence contractors and signals a significant step into the expanding submarine and naval supply chains.
Victor Sage
Victor Sage
30 Sept 2025
Vection Technologies has landed a $22.3 million multi-year framework agreement with a NATO-approved European defence partner, boosting its defence program value to $40 million through 2030.
Sophie Babbage
Sophie Babbage
22 Sept 2025
Victory Metals Limited has reported exceptional heavy rare earth element assay results from its North Stanmore Project, revealing some of the highest Dysprosium and Terbium grades ever recorded in clay-hosted deposits globally.
Maxwell Dee
Maxwell Dee
16 Sept 2025
HighCom Limited reports a sharp 90% reduction in net loss for FY25, turning EBITDA positive and advancing new product development with XTclave technology. Leadership changes and strategic focus set the stage for growth despite cautious US market conditions.
Maxwell Dee
Maxwell Dee
29 Aug 2025
Magnum Mining & Exploration has initiated leach testing on high-grade samples from its Palmares Rare Earth Element Project in Brazil, aiming to validate recovery rates ahead of planned drilling. Results expected by September will guide the next phase of exploration across its extensive REE portfolio.
Maxwell Dee
Maxwell Dee
29 Aug 2025
Aurora Labs reported a 34% increase in loss after tax to $3.75 million for FY2025, alongside a 327% surge in revenue driven by defence contracts and 3D printing services. The company is progressing its micro gas turbine propulsion systems and pursuing aerospace certification to expand its market footprint.
Victor Sage
Victor Sage
28 Aug 2025
EOS has reported a 126% increase in its contract backlog to $307 million in 1H 2025, driven by strong demand for its defence and space technologies despite a revenue decline. The company secured a landmark €71.4 million high energy laser weapon export contract and continues to strengthen its balance sheet.
Victor Sage
Victor Sage
22 Aug 2025
Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.
Maxwell Dee
Maxwell Dee
13 Aug 2025
Nagambie Resources has completed a $1.2 million capital raise to fund diamond drilling at its Nagambie Mine, targeting a recent high-grade gold-antimony discovery and updating its mineral resource estimate.
Maxwell Dee
Maxwell Dee
12 Aug 2025
Larvotto Resources has given the final nod to develop its Hillgrove Antimony-Gold Project in NSW, fully funded and moving into construction with production set for mid-2026.
Maxwell Dee
Maxwell Dee
31 July 2025
Vection Technologies has won a $7.2 million extension to its existing defence contract with a European client, reinforcing its role in a multi-year digital transformation program backed by a $19 million budget through FY29.
Sophie Babbage
Sophie Babbage
29 July 2025
DroneShield Limited has secured a $5 million contract under Australia’s Project LAND156 to supply portable counter-drone systems to the Australian Defence Force, positioning itself as a key player in the nation’s evolving defence technology landscape.
Victor Sage
Victor Sage
24 July 2025