Technology
Somero trading buoyant on 'healthy' construction market
Laser concrete screeding technology developer Somero Enterprises said in an update on Monday that in the five months through May, the non-residential construction market had remained “healthy”.
Ethernity Networks progressing contract with wireless vendor
Networking semiconductor technology company Ethernity Networks updated the market on the delivery of its contract with an unnamed “international wireless connectivity vendor” on Monday, for the supply of its ‘UEP’ module, as announced last July.
Midatech taps Stephen Parker as its new chairman
Biotechnology company Midatech Pharma announced on Friday that its chairman and non-executive director Rolf Stahel intends to retire after its annual general meeting on 20 June.
4basebio enters neurofibromatosis collaboration with two universities
Life sciences company 4basebio announced a collaboration with the University of Alabama (UA) and Teesside University (TU) on Friday, in a research project aimed at developing an effective treatment for neurofibromatosis type-1 (NF1).
Renalytix reports positive outcomes from Mount Sinai
Renalytix updated the market on the deployment of its ‘KidneyIntelX’ bioprognostic testing in 1,112 adult diabetic kidney disease (DKD) patients at Mount Sinai Health System on Friday.
Velocys taps Philip Sanderson as its new finance chief
Sustainable fuel technology company Velocys announced the appointment of Philip Sanderson as an executive director and its new chief financial officer on Thursday, with effect from 22 June.
Sopheon positive on transition to SaaS-focussed model
Enterprise software company Sopheon updated the market on its outlook on Thursday, as its recent acquisition of Solverboard accelerated our software-as-a-service (SaaS) strategy.
TruFin's Satago inks partnership with Sage and Lloyds Bank
TruFin announced on Thursday that its invoice financing and lending-as-a-service software subsidiary Satago has signed a letter of intent to enter into a three-way partnership with Sage and Lloyds Banking Group.
RWS Holdings reports 'robust' first half
Language, content and intellectual property service provider RWS Holdings reported a “robust” first half on Thursday, with revenue rising 9% to £357. 3m.
Senior to acquire Spencer Aerospace in £48m deal
Senior has signed a definitive agreement to acquire “substantially all” of Spencer Aerospace Manufacturing, it announced on Thursday, in a deal worth £48m.
Musk's efforts to finance Twitter acquisition on hold amid spat with takeover target
Elon Musk's funding efforts for his attempted takeover of Twitter are being stymied by the uncertainty around whether the deal will finally go through.
Citi and RBC upbeat on Melrose after fresh guidance for aerospace
Analysts at Citi reiterated their 'buy' recommendation for shares of Melrose on the back of the company's update guidance ahead of its Aerospace Capital Markets Day.
Nexus Infrastructure confident after first-half revenue growth
Sustainable infrastructure company Nexus reported first-half group revenue of £80. 3m in its interim results on Wednesday, up from £63. 7m year-on-year.
Xeros progressing towards delayed India consumer launch
Sustainability-focussed laundry technology developer Xeros updated the market on the upcoming India domestic market launch of the first Xeros-enabled domestic washing machine on Wednesday, by IFB Industries.
Cordel wins contract with Pennsylvania's SEPTA
Transport-focussed artificial intelligence analytics developer Cordel announced on Wednesday that, in partnership with Holland LP, it has been awarded a contract to deliver its lidar-based solutions to the Southeastern Pennsylvania Transportation Authority (SEPTA) in the United States.
Marlowe acquires HR Solutions in £6.1m deal
Business and regulatory compliance software company Marlowe has acquired Business HR Solutions Consultancy and Business Human Resources Solutions, which trade together as HR Solutions, it announced on Wednesday.
Marks Electrical announces maiden dividend after revenue record
Online appliance retailer Marks Electrical Group reported record full-year revenue in its results on Wednesday, with growth of 44% to £80. 5m.
Haydale revenue set to beat full-year expectations
Advanced materials group Haydale Graphene updated the market on its trading ahead of its financial year-end on Tuesday, saying it anticipated announcing revenue ahead of market expectations.
Gooch & Housego optimistic after revenue, profit slips
Optical components and systems manufacturer Gooch & Housego reported a record order book at the half-year point on Tuesday, rising 29. 2% year-on-year to £119. 9m.
Helios Towers finds 30pc partner for Oman acquisition
Mobile communications infrastructure investor Helios Towers announced on Tuesday that it has entered into an agreement under which Rakiza Telecommunication Infrastructure, a wholly owned subsidiary of the Oman Infrastructure Fund, will purchase a 30% minority stake in a new Oman holding company.