Technology
Aston Martin welcomes China's Geely as new shareholder
Aston Martin welcomed Chinese automotive giant Geely as a new shareholder, while welcoming the Saudi sovereign wealth fund as a new anchor shareholder.
AFC Energy announces new finance chief
Hydrogen power technology company AFC Energy announced its intention to appoint Peter Dixon-Clarke to its board on Thursday, as chief finance officer.
N4 Pharma reduces losses as Nuvec development continues
Specialist pharmaceutical company N4 Pharma reduced its operating loss in the first half, it reported on Thursday, to £0. 75m from £0. 97m a year earlier.
Kibo Energy to spin-out renewable, clean energy portfolio
Kibo Energy is proceeding with a proposal for an initial public offering to be named Ultimate Sustainable Energy (USE), it announced on Thursday, as part of its corporate strategy towards “significant” renewable and clean energy developer status.
Avacta losses narrow as it progresses clinical programmes
Clinical-stage oncology drug developer Avacta reported first-half revenue of £5. 5m on Thursday, up from £1. 5m year-on-year and from £2. 9m for the full 2021 period.
CML Microsystems trading ahead of expectations
Radiofrequency and microwave semiconductor developer CML Microsystems said in an update on Wednesday that trading for its first half had been “strong”.
Proton Motor Power makes progress amid 'challenging trading'
Fuel cell and electric hybrid technology company Proton Motor Power Systems reported a first-half order intake of £1. 5m on Wednesday, down from £1. 8m year-on-year.
EMIS pleased with first-half ahead of takeover by UnitedHealth
Connected healthcare software company EMIS Group reported a 5% improvement in total first-half revenue on Wednesday, to £87. 3m, as its recurring revenue grew 9% to £71. 8m.
TinyBuild ends first half 'slightly ahead' of expectations
Video games publisher and developer tinyBuild reported first-half results “slightly ahead” of expectations on Tuesday, with revenue rising 54% year-on-year to $28. 8m on the back of a “strong” catalogue performance.
Boku upbeat as strong dollar impacts first-half numbers
Mobile payment technology company Boku reported first-half payments revenues of $30. 3m on Tuesday, down from $30. 7m, year-on-year, with its performance affected by the strength of the dollar against other major currencies.
Eqtec signs heads-of-terms for Deeside project transaction
Hydrogen, biofuels and alternative energy technology company Eqtec announced on Monday that it has signed non-binding heads of terms with Deeside WTV and Logik Developments for the acquisition by a publicly-quoted corporate investor of the project at Deeside, Flintshire.
OptiBiotix launching new product in deal with Shandong Longlive
Life science company OptiBiotix Health has signed an exclusive distribution agreement with Shandong Longlive Biotechnology, it announced on Monday, for the distribution of Longlive's unique xylooligosaccharide (XOS) prebiotic into the human nutrition markets in Europe and Africa.
Eckoh trading in line with market expectations
Customer engagement security company Eckoh issued a short, positive update on its trading on Monday.
Genedrive test to go through new, faster NICE process
Molecular diagnostics technology company Genedrive announced on Monday that the UK's National Institute for Health and Clinical Excellence (NICE) has transferred the evaluation of its ‘MT-RNR1’ test to a new ‘early value assessment programme’.
Devolver maintains guidance despite underperformance of games
Indie video game publisher and developer Devolver Digital reported a 14% improvement in first-half revenues on Monday, to $53m.
Scancell presents new, positive data on possible cancer therapies
Immunotherapy developer Scancell was presenting two posters at the EuroMAbNet 12th annual meeting in Hamburg on Friday, with the first highlighting new data on its ‘AvidiMab’ and ‘GlyMab’ technologies.
Crossword Cybersecurity raises £3.6m for product and sales development
Crossword Cybersecurity announced that it had raised £3. 6m in a placing on Friday, to be used on sales and marketing, product development and geographical expansion.
Tekcapital's MicroSalt to launch US retail product
Intellectual property investor Tekcapital announced on Friday that its portfolio company MicroSalt would launch the “first full-flavour” lower sodium table salt shaker to major retail chains on 1 October.
Revenues rise, losses narrow for B90 Holdings
Gaming marketing and operating company B90 reported a 150% increase in revenues in its first half on Friday, to €1m.
Tern assets under management decrease 'marginally'
Technology investor Tern reported assets under management of £30. 2m at the end of its first half on Friday - a “marginal decrease” from the £30. 6m it recorded at the end of December.