Latest Technology Sector News

Aerometrex has landed a significant $1.08 million contract to provide LiDAR and aerial imagery services for Shell’s QGC assets in Queensland, marking a key milestone in its multinational client engagements.

European Lithium has sold 0.5 million shares of Critical Metals Corp for US$1.625 million, underscoring the substantial value of its remaining CRML stake, now valued at approximately US$205 million.

Betashares Capital Ltd has released the estimated annual distribution components for its S&P/ASX Australian Technology ETF (ATEC) for the 2024-25 financial year, highlighting a nuanced mix of income types and tax adjustments under the AMIT regime.

InFocus Group Holdings has extended its convertible note facility with Obsidian Global, unlocking up to AUD 450,000 to accelerate growth in digital assets, AI, and machine learning.

Talius Group has secured its first purchase order from Wesco Anixter and signed a global expansion agreement, while subscription numbers near 49,000 amid ongoing pilot programs and regulatory shifts.

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

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.

Locate Technologies Limited has responded to an ASX inquiry about unusual trading activity, confirming no undisclosed information and compliance with listing rules. The company points to recent capital raising announcements as context for the share price movement.

QuickFee Limited has successfully completed an oversubscribed Share Purchase Plan, raising a total of A$1.532 million alongside a recent placement, positioning the fintech for accelerated loan book expansion in the US and Australia.

Inventis Limited has requested a voluntary suspension of its shares on the ASX to finalize an important announcement following regulatory queries. The suspension will last until the announcement is released or trading resumes on 27 June 2025.

Bailador Technology Investments has boosted the carrying value of its DASH investment by 49%, following a fresh capital raise at a significantly higher valuation. This uplift reflects DASH’s growing footprint in Australia’s wealth management technology sector.

DroneShield has landed its largest-ever contract worth $61.6 million from a European military reseller, surpassing its entire 2024 revenue. Delivery is slated for Q3 2025, marking a significant milestone in the company's growth trajectory.