Technology
Directa Plus trading accelerates after solid first quarter
Graphene products producer Directa Plus said in an update on Friday that it has seen an acceleration in trading in the last two months, having performed in line with 2021 in the first quarter.
Klarna mulling fresh fundraise at much lower valuation
Buy now, pay later lender Klarna Bank is mulling a fresh fundraise at a much lower value than what it achieved last year, it was reported on Friday.
Immotion inks three-year licensing deal for Chinese aquariums
Entertainment developer Immotion has entered into a three-year licensing deal for the Chinese aquarium market, it announced on Thursday.
Genedrive test to be evaluated by NICE
Molecular diagnostics company Genedrive announced on Thursday that the UK's National Institute for Health and Clinical Excellence (NICE) has started an evaluation of the Genedrive MT-RNR1 test, via its Diagnostics Assessment Programme (DAP).
Seeing Machines appointed to new automotive programme
Driver monitoring technology company Seeing Machines has been appointed by an existing global automotive tier-1 customer, it announced on Thursday, to deliver its ‘FOVIO’ driver monitoring system (DMS) for a large global automotive group.
GB Group hikes dividend after 'strong' results
Location, identity and fraud software specialist GB Group reported an 11. 4% improvement in revenue in its preliminary results on Thursday, after a year of “significant” strategic progress.
Kape maintains guidance as it integrates ExpressVPN
Security and privacy software company Kape Technologies said in an update on Thursday that it has traded “strongly” in the year to date, with a “record” first quarter performance fuelled by organic growth.
T42 gets first order under Latin America deal
Freight and logistics tracking technology company T42 has received its first commercial order for sensor fusion-based tracking solutions and cloud platform services in Latin America, it announced on Wednesday.
Scancell updates protocol for UK trial in melanoma patients
Immunotherapy developer Scancell updated the market on the phase 2 ‘SCOPE’ clinical trial in melanoma patients on Wednesday, being conducted at multiple centres in the UK.
Saietta announces more integrated technology focus
Electric powertrain company Saietta Group updated the market on developments with its core ‘axial flux technology’ (AXT) on Wednesday, which is primarily targeted at the light-duty automotive and ‘e-drive’ sector.
Dillistone carries improved trading into new year
Recruitment software company Dillistone Group said in an update on Wednesday that the improved trading performance it noted in the later part of 2021 had continued into the new year.
Idox performing well as it focuses on software
Information management software company Idox reported a 7% improvement in revenue from continuing operations in its first half on Wednesday, to £33. 2m, driven by “double digit growth” in public sector software.
Aferian pleased with progress despite difficulties in China
Video streaming technology company Aferian said in a trading update on Tuesday that it continued to make “strong progress” in improving the quality of earnings and enhancing revenue visibility in its first half.
Spectra Systems taps Colleen Hamill as its new CFO
Banknote authentication and security technology company Spectra Systems has agreed to appoint Colleen Hamill as its new chief financial officer, it announced on Tuesday.
Synectics sees mixed trading as end markets recover
Security and surveillance systems designer Synectics said in a trading update on Tuesday that activity levels in its major end-user markets were gathering further momentum, particularly in oil and gas, and in US gaming.
Xeros surges on licensing deal with German components maker
Laundry technology developer Xeros announced the signing of a licensing agreement for its ‘XFilter’ filtration technology with Hanning Elektro-Werke.
Frontier Developments flags record full-year revenue
Video games developer and publisher Frontier Developments updated the market on the financial year just ended on Tuesday, reporting a 26% rise in unaudited revenue to a record £114m.
Bitcoin tumbles as Celsius halts withdrawals
Bitcoin fell sharply on Monday, as the sell-off across cryptocurrencies showed no sign of abating and US firm Celsius Network froze withdrawals.
Proton Motor Power increases loan facilities by EUR 12.5m
Fuel cell and electric hybrid technology developer Proton Motor Power Systems has agreed to increase each of its existing loan facilities with SFN Cleantech and Falih Nahab, it announced on Monday, by €6. 25m (£5. 36m) each.
Spectral MD starts clinical diabetic foot ulcer study
Wound care-focussed predictive artificial intelligence (AI) developer Spectral MD announced the start of its clinical validation study to support its diabetic foot ulcer (DFU) application for the ‘DeepView’ wound imaging system.