Technology
eEnergy increases ownership of smart metering platform to 85.5pc
Digital energy services company eEnergy has increased its ownership in its ‘MY ZeERO’ smart metering and analytics platform to 85. 5%, it announced on Tuesday, from 51%.
CPP Group trims earnings expectations despite renewing contract
Insurance and assistance technology company CPP Group updated the market on its trading on Tuesday, confirming that it had successfully negotiated its previously-reported contract extension, although it also lowered its earnings expectations for the next two years.
Catenae announces orders as shares remain suspended
Digital media and technology company Catenae Innovation updated the market on its trading on Monday, reporting that it received a purchase order for £95,000 from an existing customer to provide “further digital technology solutions”.
Eqtec upbeat after positive report on its syngas technology
Hydrogen and biofuel energy specialist Eqtec announced on Monday that the Université de Lorraine (UoL) has released a report verifying that its advanced gasification technology successfully converts contaminated plastic waste into synthesis gas (syngas) “cleanly, stably and efficiently”.
MediaZest remains profitable in first half
Audio-visual solutions company MediaZest said in an update on Monday that it was profitable on both an EBITDA and profit after tax level in the half-year just ended.
RUA Life Sciences tumbles as losses look set to widen
RUA Life Sciences reported increased sales growth in a full-year trading update on Friday, amid recovery from Covid-19 disruption and advances in its business processes and management to minimise the risk of a further delay to the regulatory approval of RUA Vascular's graft range.
Big Technologies confident in ongoing growth
People monitoring technology company Big Technologies said in an update on Friday that it was “confident” in its future prospects, given its performance since initial public offering in July last year.
Zinc Media wins another £4m of new business
Television and multimedia content producer Zinc Media Group said in an update on Thursday that, in the four weeks since its last update, it has won an additional £4m of new business.
Strix maintains expectations in 'challenging' environment
Kettle safety and water filtration developer Strix said in an update on Thursday that, based on its performance in the year-to-date, it was maintaining its trading expectations for the full year.
CMA opens fresh probe into Google's ad practices
The Competition and Markets Authority is investigating whether Alphabet division Google has broken the law by restricting competition in the digital advertising technology market, it announced on Thursday.
Accsys to raise EUR 20m ahead of 'pivotal year'
Chemistry and technology-focussed wood building products developer Accsys announced plans to raise gross proceeds of €20m (£17. 07m), to strengthen its balance sheet, increase its headroom, and fund additional costs at Arnhem.
Eleco upbeat amid temporary 'softening' of revenue
Construction software specialist Eleco reported positive performance in the first four months of 2022 in an update on Wednesday, despite “challenging” market conditions.
Tekcapital raises £2m to help grow portfolio companies
Intellectual property investor Tekcapital has raised £2m before expenses, it announced on Wednesday, to accelerate the growth of its portfolio companies.
Tekmar awarded 'significant' new US offshore wind contract
Offshore energy technology and service provider Tekmar Group announced the award of a “significant” new contract on Wednesday.
Marlowe acquires Cedrec Information Systems in £3m deal
Safety and regulatory software and service provider Marlowe has acquired environmental health and safety data platform Cedrec Information Systems, it announced on Wednesday, for an enterprise value of up to £3m.
Advanced Medical Solutions gets US approval for LiquiBand XL
Advanced Medical Solutions has received approval in the United States for ‘LiquiBand XL’, it announced on Wednesday, which it described as a new device that can close longer wounds than existing LiquiBand products.
De La Rue warns of flat performance amid macro pressures
De La Rue shares were in the red on Wednesday morning, after it reported a fall in adjusted operating profit, and warned of flat operating profit in the year ahead.
Audioboom reports strong trading in response to share price slide
Podcast producer and distributor Audioboom reported ongoing strong trading on Tuesday, in response to a slide in its share price since the beginning of May.
Velocity Composites first-half sales meet expectations
Aerospace and manufacturing composites supplier Velocity Composites said first-half sales were in line with management expectations in an update on Tuesday, rising to £5. 9m from £4. 4m year-on-year.
Greencoat to acquire four French wind farms
Greencoat Renewables has agreed to acquire a 65MW portfolio of operating wind farms in France from Switzerland’s largest renewable energy generator Axpo, it announced on Tuesday.