Technology
Newmark reports progress across both divisions
Newmark Security reported substantial progress across both of its business segments in an update on Tuesday, with the last financial year culminating in its return to profitability.
Yellow Cake reports solid September quarter performance
Specialist uranium investor Yellow Cake described a solid performance for the September quarter on Tuesday, reporting that the uranium spot price experienced a notable increase of 31. 3% from $56 per pound on 30 June to $73. 50 on 30 September.
Velocys shares plunge as loan note funding falls through
Shares in sustainable fuels technology developer Velocys were plunging on Tuesday after it updated the market on its funding plans.
RHI Magnesita lifts earnings expectations after solid quarter
Refractory specialist RHI Magnesita hiked its full-year earnings expectations on Tuesday after its adjusted EBITA remained stable in the third quarter thanks to resilient pricing, strategic initiatives, and mergers and acquisitions.
Tissue Regenix gets approval for Irish hub, inks deal in Spain
Tissue Regenix announced on Monday that it has won approval from the Irish Health Products Regulatory Authority (HPRA) to establish a logistics hub in Ireland, facilitating the distribution of its allograft products throughout the European Union (EU).
Quantum Blockchain raises £2m to fund research and development
Quantum Blockchain Technologies raised £2m before expenses in a placing on Monday to fund its research and development programme.
Restore appoints new finance chief, non-executive chair
Digital and information management specialist Restore announced significant changes to its board of directors on Monday, with Dan Baker appointed as its new chief financial officer (CFO) and director, effective 13 November.
Computacenter trading as expected in third quarter
Technology and services provider Computacenter said in a trading update on Monday that its third-quarter performance was in line with expectations.
Airtel Africa reports customer growth, naira devaluation bites
Airtel Africa reported robust first-half growth in both operating key performance indicators (KPIs) on Monday, as its total customer base jumped 9. 7% to 147. 7 million customers, although its financial figures were hit by the Nigerian central bank’s currency devaluation in the summer.
Beowulf's Grafintec seeing opportunities in China export ban
Beowulf Mining updated the market on its graphite strategy on Friday as it looked to capitalise on a new, restrictive regulatory move from China.
Arcontech inks significant deal with tier-one bank client
Arcontech announced a significant deal with an unnamed tier-one bank client for its CityVision platform on Friday.
Cordel inks new contracts in Mexico and Australia
Transport artificial intelligence (AI) specialist Cordel Group announced two significant contracts on Friday, expanding its global footprint.
Evgen upbeat on start of glioblastoma research project
Clinical-stage drug developer Evgen Pharma announced on Thursday that it has partnered with Dr Marjolein Geurts, a neuro-oncologist at Erasmus University Medical Centre, to start a ground-breaking research initiative in glioblastoma.
Hunting gets $59m subsea order, maintains earnings performance
Precision engineering group Hunting announced a substantial subsea order worth $59m for titanium stress joints on Thursday, confirming it maintained its earnings performance through the third quarter.
Senior secures production order for EV battery cooling plates
Components and systems manufacturer Senior announced a significant development in its partnership with Valmet Automotive on Thursday, with Senior Flexonics Crumlin securing a production order for battery cooling plates.
Renishaw revenue, profits fall amid challenging market
Engineering technology group Renishaw reported challenging market conditions in the September quarter in a trading update on Thursday, with total revenue falling 9% year-on-year to £164. 5m.
GSK HIV injection regimen gets approval in China
GSK announced on Thursday that its majority-owned HIV specialist subsidiary ViiV has received approval from the National Medical Products Administration (NMPA) of China for an injection regimen.
Creo Medical accelerating EU launch of Speedboat UltraSlim
Creo Medical Group announced the acceleration of its EU launch of the ‘Speedboat UltraSlim’ device by around 18 months on Wednesday.
Molecular Energies upbeat on its strategic shift
Molecular Energies updated the market on its ongoing activities on Wednesday, reporting significant developments in its Paraguay drilling project and a strategic pivot towards sustainable aviation fuel (SAF).
Advanced Medical Solutions inks three hospital distribution deals
Tissue-healing technology specialist Advanced Medical Solutions announced the execution of its new US ‘LiquiBand’ route-to-market strategy on Wednesday, signing three hospital distribution agreements.