Technology
Revenue, earnings set to rise for Bigblu Broadband
Bigblu Broadband said in an update on Monday that total revenue for the financial year just ended was up 15. 1% year-on-year to £31. 2m.
Tristel returning to pre-pandemic growth trajectory
Infection prevention product developer Tristel said in an update on Monday that it was returning to its “pre-pandemic growth trajectory”, with first-half revenue set to top £17m, compared to £15m in the same period last year.
Announcement of 'major' breakthrough in nuclear fusion expected on Tuesday
Scientists in the US achieved a net energy gain through a fusion reactor for the first time ever, a potential breakthrough in attempts to harness the limitless source of clean energy.
Abcam delisting from AIM going ahead this week
Life science research tool specialist Abcam updated the market on the cancellation of its shares on AIM on Monday, which it first announced on 17 October.
Crawford out, Riedl in as CentralNic chief executive
Internet software company CentralNic announced the appointment of group chief financial officer Michael Riedl as group chief executive officer on Monday, with immediate effect.
Ixico awarded two-year MRI imaging contract
Neuroscience analysis technology specialist Ixico has been selected by an unnamed, “leading” global pharmaceutical company and new client, it announced on Friday, to provide MRI imaging services for an early-phase clinical trial in multiple system atrophy.
Eqtec enters loan facility with its biggest shareholder
Energy technology developer Eqtec has entered into a loan facility with its largest shareholder Altair Group, it announced on Friday.
LifeSafe launches new lithium fire extinguishing product
Fire safety and extinguishing fluids specialist LifeSafe announced the submission of UK and international patent applications for its new fire extinguishing fluid designed to tackle lithium thermal runaway fires on Friday/.
Nanoco confident in January date for Samsung lawsuit
Quantum dot and nanomaterials developer Nanoco has been notified by the court that the case between it and Samsung has been placed first in the trial schedule that starts on 6 January, it told shareholders on Friday.
Porvair signals strong growth in year just ended
Filtration, laboratory and environmental technology specialist Porvair said in an update on Friday that revenue for the financial year just ended was set to be 18% higher year-on-year on a reported basis, and up 13% at constant currency, with all three divisions ahead and margins sustained.
Tern raises £1.5m to pay off loan, improve negotiating position
Technology investor Tern announced on Thursday that it had raised £1. 5m before expenses to improve its investment negotiating position, repay short-term debt, and for general working capital.
MyCelx set to end year 'fully in line' with forecasts
Water and air technology developer MyCelx said in an update on Thursday that it was set to end the year trading “fully in line” with market expectations.
Inspirit agrees short-term working capital facility
Waste-heat recovery technology company Inspirit has entered into a short-term, unsecured debt facility of up to $0. 25m, it announced on Thursday, under which it would initially draw down $0. 08m.
Fiinu progressing to plan as it works towards banking launch
Fintech firm Fiinu further updated the market on its recent progress on Thursday, as well as its current priorities for the rest of its “mobilisation phase”.
Strong momentum continues through Netcall's first half
Automation and customer engagement software specialist Netcall said in an update on Thursday that its “solid trading momentum” continued through the first half, in line with expectations.
BiVictriX identifies development lead for potential cancer drug
Cancer therapy-focussed biotechnology company BiVictriX Therapeutics has identified a development lead for its ‘BVX001’ programme, it announced on Wednesday.
Solid State revenue, profits rise in first half
Computing, power and communications components specialist Solid State reported first-half revenue of £59. 4m on Tuesday, up from £39. 4m year-on-year.
Clean Power promotes operations head to executive role
UK-based green hydrogen technology and manufacturing company Clean Power announced on Tuesday that Arash Selahi had been promoted to the chief operating officer position.
Vianet on track after first-half growth
Hospitality, vending and asset management cloud specialist Vianet reported first-half revenue of £7. 18m on Tuesday, up from £6. 34m year-on-year.
Bidstack expands deal with 'leading' global game publisher
In-game marketing technology company Bidstack announced the expansion of its exclusive native in-game advertising partnership with an unnamed “leading, global AAA game publisher” on Monday, with the addition of two mobile titles.