Latest It Services News

QPM Energy has made significant strides in advancing its 112MW Isaac Power Station, securing major financing and operational milestones that position it well for mid-2027 commissioning.

Swift Networks has locked in key contracts with Australia's largest Aged Care provider and Chevron, while progressing its Swift TV rollout on track for Q3 FY26. The company also completed a $2.2 million capital raise, positioning itself for growth in new markets.

Medibank has set ambitious goals to triple its health segment earnings by FY30, expand its private health insurance market share, and double its health engagement, signaling a strategic pivot towards integrated, technology-driven care.

Suzerain Investments Holdings Limited has initiated an off-market takeover bid for all remaining shares of Entertainment Rewards Ltd (EAT) at $0.022 per share, a substantial premium over recent trading prices. The offer comes with unanimous support from EAT's Independent Board Committee, subject to regulatory approvals and an independent expert's fairness opinion.

Hydrix Limited reports a robust quarter with $3.35 million in sales, a 7% revenue increase, and a strong international client base, while advancing US market ventures.

Triangle Energy (Global) Limited has amended its quarterly cash flow report to correct key figures while advancing new permits in the Philippines and progressing the transition of its Cliff Head Oil Field to a carbon capture and storage project.

VRX Silica Limited has secured critical environmental and mining approvals for its Arrowsmith North silica sand project, alongside binding offtake contracts with major Asian customers, setting the stage for production by late 2026.

Rubix Resources has completed co-funded drilling at its Paperbark Project in Queensland and is progressing due diligence on a potential new asset, with assay results expected soon.

Macro Metals Limited has bolstered its financial position with a $2 million capital raise while making significant progress across its iron ore and construction sand projects, underpinned by strong Indigenous joint ventures and mining services development.

Assetora Limited has reopened its flagship fund under a new name, secured a $3 million strategic investment, and reported its first positive operating cashflow since adopting its fund-management model.

Ryzon Materials has made significant progress on the Nachu Graphite Project with detailed engineering funded through equity, while securing debt conversion and additional financial support despite ongoing ASX suspension.

Triangle Energy (Global) Limited has secured three new permits in the Philippines, advancing its gas exploration portfolio while navigating joint venture withdrawals in Australia and finalising the sale of its Cliff Head onshore assets.