Technology
Ethernity reports positive discussions with potential customers
Networking processing semiconductor technology specialist Ethernity Networks said in an update on Thursday that, throughout the year to date, it had engaged positively with several potential new customers, including two OEM vendors.
Simec Atlantis gets first £5m under EL land sale deal
Simec Atlantis Energy confirmed the receipt of the first £5m milestone payment under its agreement with EL Uskmouth, a subsidiary of FPC Electric Land, on Thursday.
MediaZest reports continued robust trading
Audio-visual specialist MediaZest said in an update on Thursday that, as explained in its full-year results earlier this month, it had seen a significant increase in activity during the final quarter of the last financial year ended 30 September.
Hutchmed cancer treatment indication accepted for review in China
Hutchmed China announced a significant milestone in its cancer treatment work on Thursday, with the supplemental new drug application (sNDA) for savolitinib had been accepted for review by the China National Medical Products Administration (NMPA).
Idox trading as expected in year-to-date
Information management and geospatial software specialist Idox said in a trading update on Thursday that its operational and financial performance had remained in line with the board's expectations in the financial year to date, instilling confidence in its outlook.
Strix posts growth in full-year revenue and operating profit
Strix Group reported a 35. 2% jump in revenue in its 2023 results on Wednesday, to £144. 6m, accompanied by an increase in gross profit to £57. 2m, up 37. 7%.
Accesso enters partnership with Saudi Entertainment Ventures
Accesso Technology Group announced a partnership on Wednesday with Saudi Entertainment Ventures (Seven), a subsidiary of the Saudi Arabia Public Investment Fund (PIF).
Big Technologies confident in return to growth after decent year
Remote monitoring technology specialist Big Technologies reported double-digit organic revenue growth of 10% in its preliminary results on Tuesday, reaching £55. 2m compared to £50. 2m in 2022.
Softcat hits operating profit record even as revenue slips
IT infrastructure specialist Softcat reported an 8. 8% fall in first-half revenue on Tuesday, to £467. 2m, but still achieved double-digit growth in gross profit, rising 11% to £196. 5m.
Eurowag reports sustained growth as it completes investment phase
WAG Payment Solutions, trading as Eurowag, reported sustained robust growth across its products and services in its preliminary results on Tuesday, meeting expectations for 2023.
Ocado Retail sees strong first-quarter growth
Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8. 1% year-on-year increase in total item volumes propelling retail revenue to £645. 3m, itself up 10. 6%.
Abingdon Health progresses at-home STD test programme
Abingdon Health updated the market on the development of self-tests for sexually transmitted diseases (STDs) on Monday, announcing the completion of the 'design freeze' stage for four key tests in collaboration with Devyn.
Sondrel strikes deal for next phase of video chip contract
Chip specialist Sondrel announced on Monday that it has successfully concluded negotiations for a material design and supply contract, as first announced on 27 February.
Gamma Communications hikes dividend after year of growth
Gamma Communications reported an 8% increase in revenue in its final results on Monday, reaching £521. 7m, and a similar 8% growth in gross profit to £267. 2m.
BioVentix revenue, earnings rise in first half
Monoclonal antibody specialist BioVentix reported a 13% rise in first-half revenue on Monday, to £6. 7m, compared to £5. 9m in the prior year.
Wise appoints new finance chief
Wise announced the appointment of Emmanuel Thomassin as its new chief financial officer and director Monday.
Trakm8 shares slide as it lowers expectations
Shares in fleet management, insurance telematics and connected vehicle technology specialist Trakm8 were sliding on Friday, after it warned that the conclusion of a large contract deal would slip into next financial year.
Light Science Technologies enters Defra-funded collaboration
Light Science Technologies announced its participation in a 12-month collaboration funded by the Department for Environment, Food and Rural Affairs (Defra) and Innovate UK's Transforming Food Production Challenge on Friday, with a total value of £0. 23nm.
4basebio client gets approval to start trial in Australia
Synthetic DNA product developer 4basebio announced on Thursday that its client, Helix Nanotechnologies, has achieved a significant milestone with the receipt of HREC approval in Australia.
Cambridge Cognition forms scientific advisory board
Digital brain health solutions developer Cambridge Cognition announced the creation of a scientific advisory board on Thursday.