Latest Defence News

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.

Aquirian Limited reports a 16.7% revenue increase alongside key operational advances at its Wubin facility and new leadership appointments, signaling strong momentum in mining services and technology.

Vection Technologies reports a 60% revenue surge in 1H25, secures a $21 million equity raise, and strengthens its position in defence AI and spatial computing with a robust $75 million sales pipeline.

Vection Technologies has secured $21 million through an upsized placement driven by strong defence sector momentum and announced a binding offer to acquire digital transformation firm DXLabs, bolstering its revenue and growth prospects.

Electro Optic Systems updates its 2025 revenue outlook to $115-125 million from existing contracts, with potential for an additional $25 million from new orders. The company’s contract backlog has jumped to $299 million, reflecting strong demand despite some delays in contract signings.

Harvest Technology Group has inked a $6 million convertible securities funding deal with RiverFort Global Capital, providing immediate working capital and a framework for future financing to accelerate its Nodestream platform expansion.

Morella Corporation has expanded its critical minerals portfolio by acquiring the Dixon Well Project in Western Australia, confirming significant titanium mineralisation with assays up to 17.0% TiO2. This move diversifies Morella’s assets beyond lithium and rubidium into a mineral critical for aerospace and defence industries.

KGL Resources updates on its Jervois Copper Project optimisations and financing progress, welcoming Resource Capital Fund as a new significant shareholder. The company is capitalising on higher metal prices and exploring critical mineral opportunities.

Trigg Minerals has acquired a 100% stake in the Central Idaho Antimony Project, a district-scale high-grade antimony-gold asset in a Tier-1 US jurisdiction, supported by a $5 million strategic placement from Tribeca Investment Partners.

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.

Tivan Limited has agreed to acquire full ownership of the Molyhil Tungsten-Molybdenum Project, positioning itself at the forefront of critical minerals development in Australia's Northern Territory. This strategic move complements its adjacent Sandover Fluorite Project, promising operational synergies and accelerated growth.

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.