Technology
Mkango to take full ownership of HyProMag
Mkango Resources has entered into an agreement to increase its ownership stake in HyProMag from 42% to 100%, it announced on Tuesday, in a cash and share transaction.
Seeing Machines inks collaboration deal with Collins Aerospace
Driver monitoring technology specialist Seeing Machines announced an exclusive, perpetual licence agreement with Raytheon Technologies subsidiary Collins Aerospace on Tuesday.
Boohoo confident in recovery, analysts agree after net cash surprise
Online fast-fashion retailer Boohoo Group reported revenue of £1. 77bn in its final results on Tuesday, representing an 11% year-on-year decrease.
FDM maintains confidence despite second-quarter slowdown
IT professional service specialist FDM Group said in an update on Tuesday that trading in the first three months of its financial year met expectations, though it saw a slowdown in the second quarter due to prevailing global macroeconomic and geopolitical uncertainty.
Restore lowers profit forecast as technology segment slows
Digital and information management specialist Restore reported revenue of £92. 8m for the first four months of the year in a trading update on Monday, representing growth of 4% year-on-year, though it also lowered its profit expectations amid a slower recovery in technology.
Revenue up, operating profit falls for CentralNic Group
Internet services specialist CentralNic reported significant first-quarter growth in revenue and adjusted EBITDA on Monday, although operating profit declined due to increased non-cash charges.
Keywords chairman passes away two weeks before retirement
Video games developer and distributor Keywords Studios announced the sudden passing of its chairman Ross Graham on Monday, two weeks ahead of his planned retirement.
Cerillion reports strong first-half performance
Billing, charging and customer relationship management software specialist Cerillion reported a strong first-half financial performance and operational growth in its half-year results on Monday.
Proteome Sciences to open new San Diego facility
Proteomics service provider Proteome Sciences announced its plan to expand operations into the United States on Friday, with a new facility to be located in San Diego, California.
A&E Networks cancels contract with Blackbird
Video editing software specialist Blackbird announced on Friday that A&E Television Networks would terminate its contract with the company at the end of June.
Eden Research gets product approvals in California and Florida
Biopesticides developer Eden Research announced the receipt of regulatory approvals for its formulated products ‘Cedroz’ in California, and ‘Mevalone’ and ‘Cedroz’ in Florida on Friday.
FireAngel wins £1.5m Middle East government contract
Home safety technology developer FireAngel announced the award of a £1. 5m contract by a government agency on Friday, to provide smoke and heat alarms for a significant connected alarm project in the Middle East.
CMO Group confident after full-year revenue growth
Building materials retailer CMO Group reported a 9% increase in revenue in its preliminary results on Friday, to £83. 1m, despite a challenging year for retail.
Gamma reportedly courting ex-Softcat boss as its next chair
London-based telecommunications company Gamma Communications is reportedly in advanced talks with ex-Softcat chief executive officer Martin Hellawell, it emerged on Thursday, to take up the role of chairman.
Ilika makes first shipments of Stereax M300 batteries
Solid-state battery technology developer Ilika announced the successful shipment of its stacked ‘Stereax M300’ batteries to its first customers on Thursday.
Keywords Studios acquires Seattle-based Hardsuit
Video game services provider Keywords Studios announced the acquisition of Hardsuit, a prominent game development studio based in Seattle, on Thursday.
Currency movements hit Airtel Africa profits
Airtel Africa reported revenue growth of 11. 5% in its full-year results on Thursday, to $5. 26bn in reported currency.
Velocys confirms Altalto claims first tranche of DfT grant funding
Velocys announced on Wednesday that Altalto has claimed the first tranche of £7m from the UK Department for Transport (DfT) advanced fuel funds grant for the Altalto Immingham sustainable aviation fuel project.
SkinBioTherapeutics pleased with progress on two fronts
Skin health-focussed life science company SkinBioTherapeutics said in an update on Wednesday that its partner Sederma, a division of Croda International, was planning to undertake additional studies on SkinBiotix.
Ixico set to report first-half loss as legacy issues unwind
Medical imaging analytics specialist Ixico reported first-half revenue of £3. 2m in a trading update on Wednesday, down from £3. 9m in the first six months of the 2022 financial year.