Technology
Morgan Advanced Materials revenue rises in first quarter
Morgan Advanced Materials said in an update on Thursday that in the first three months of the year, it saw a notable increase in sales, with a 12% rise on an organic constant currency basis compared to the same period last year.
AFC Energy chooses Illuming Power as manufacturing partner
Hydrogen power generation technology specialist AFC Energy announced the selection of North American manufacturer Illuming Power as its primary producer of fuel cell plates and stacks for its ‘S Series’ air-cooled platform.
Acuity RM enters partnership with BSI Group
Software company Acuity RM announced a significant partnership between its subsidiary Acuity Risk Management (ARML) and BSI Group on Wednesday.
Eric Sanderson appointed as chair of Digital 9
Digital 9 Infrastructure announced the appointment of Eric Sanderson as its independent non-executive chair on Wednesday, to oversee the company’s wind-down.
First-quarter losses surge at Spirit AeroSystems
Losses at Spirit AeroSystems Holdings soared in the first quarter, the Boeing supplier confirmed on Tuesday, as production slowed and inventory built up.
Abingdon Health acquires IVDeology in £0.7m deal
Lateral flow contract research, development and manufacturing provider Abingdon Health announced the acquisition of IVDeology and its subsidiaries on Tuesday, for up to £0. 7m.
Aferian extends maturity dates on bank facilities, shareholder loan
Video streaming specialist Aferian announced an extension of the maturity dates for its senior loan facilities and shareholder loan on Tuesday.
Seeing Machines reports strong third quarter
Shares in driver monitoring technology company Seeing Machines were rising on Tuesday, after it reported a strong set of performance indicators for its third quarter.
Nexxen launches $50m share buyback programme
Connected television advertising technology company Nexxen International announced the start of a new share repurchase programme of up to $50m on Tuesday.
AdvT to acquire Celaton amid robust trading
Business software and solutions specialist AdvancedAdvT announced an agreement to acquire Celaton on Tuesday, in a deal valued at £5m net of cash acquired.
Zotefoams inks five-year deal with Chinese firm Shincell
Cellular materials specialist Zotefoams announced a strategic alliance agreement with Suzhou Shincell New Materials of Suzhou, China on Tuesday.
Tekmar sells Subsea Innovation in £1.9m deal
Tekmar Group announced the sale of Subsea Innovation (SIL) to Unique Group on Friday, through its subsidiary Unique System UK, for a total cash consideration of £1. 9m.
Polarean gets new polariser order from Cincinnati Children's
Polarean Imaging announced a new polariser order to replace the research polariser at Cincinnati Children's Hospital Medical Center on Friday.
Seeing Machines secures extension with North American customer
Driver monitoring technology company Seeing Machines announced a significant extension to its generational programme with an existing North American tier-one customer and original equipment manufacturer (OEM) on Wednesday.
Boku finance chief hands in notice
Mobile payment solutions specialist Boku announced the retirement of its chief financial officer Keith Butcher on Wednesday.
Smith & Nephew maintains guidance after strong first quarter
Smith & Nephew reported first-quarter revenue of $1. 39bn in an update on Wednesday, up 2. 9% year-on-year, as its orthopaedics business continued to recover.