Technology
De La Rue agrees £300m sale of authentication division
De La Rue announced on Tuesday that it had agreed to sell its authentication division to Crane NXT for £300m, as part of a strategic move to unlock capital and strengthen its financial position.
Revenue falls, gross profits rise for Bytes Technology
Bytes Technology Group shares were in the red on Tuesday morning, after it reported a 2. 9% drop in revenue to £105. 5m, but a 13. 7% increase in gross invoiced income (GII), reaching £1. 23bn.
Good Energy's Zapmap partners with Centrica's Hive
Good Energy Group announced a strategic partnership between its EV charging app subsidiary Zapmap and Hive, the eco-tech subsidiary of Centrica, on Monday.
Augmentum taps William Reeve as its new chairman
Augmentum Fintech announced the appointment of William Reeve as chairman of its board on Monday, effective 1 November.
Rosslyn raises £0.25m through retail offer
Rosslyn Data Technologies announced on Friday that it had successfully raised £0. 25m through an oversubscribed retail offer, issuing five million shares at 5p each.
CT Automotive secures $20m working capital facility
Automotive interior components supplier CT Automotive announced on Friday that it had secured a new $20m working capital facility with FGI Worldwide, extending its debt agreement to October 2027.
Braveheart acquires 29.5pc stake in IQ-AI
Braveheart Investment Group announced on Friday that it had acquired a 29. 51% stake in IQ-AI, an imaging software and healthcare diagnostics company, for £0. 72m.
Verici Dx announces delay to Medicare determination for Tutivia test
Verici Dx, a developer of advanced clinical diagnostics for organ transplants, announced an extension to its timeline for submitting supplemental information to the US Centers for Medicare and Medicaid Services in support of coverage determination for its ‘Tutivia’ test.
Digital 9 appoints new investment manager for portfolio wind-down
Digital 9 Infrastructure announced the appointment of InfraRed Capital Partners as its new investment manager and alternative investment fund manager (AIFM) on Friday, overseeing the managed wind-down of its portfolio.
QinetiQ wins three year UK defence contract worth up to £150m
QinetiQ announced on Friday that it has been awarded a three-year contract by Defence Digital, part of the UK Ministry of Defence, to support the development of next-generation tactical military communications systems.
PayPoint's Obconnect wins New Zealand banking system contract
PayPoint announced that its Open Banking technology subsidiary Obconnect had been chosen by the New Zealand Banking Association (NZBA) to deliver the confirmation of payee ecosystem in New Zealand.
Chemring Nobel to look into new Norway explosives production plant
Chemring Group announced on Thursday that its subsidiary Chemring Nobel was partnering with the Norwegian government on a feasibility study to assess the development of a new military explosives production facility.
Electric Guitar subsidiary 3radical deploys NFC technology
Electric Guitar announced the successful first deployment of its subsidiary 3radical's Voco platform with near field communication (NFC) technology on Wednesday.
Netcall reports strong set of full-year results
Netcall reported a strong set of full-year results on Wednesday, driven by robust demand for its cloud-based services and enhanced product offerings.
Intercede reports strong half-year revenue growth
Cybersecurity software company Intercede reported strong revenue growth for the six months ended 30 September in an update on Tuesday.
Gooch & Housego reports strong second half of trading
Gooch & Housego, a specialist manufacturer of photonic components and systems, reported a strong second half of trading in an update on Tuesday, in line with market expectations.
IQE appoints Mark Cubitt as its new chair
Compound semiconductor wafer products and advanced material solutions IQE announced the appointment of Mark Cubitt to its board on Tuesday, as an independent non-executive director and chair-elect.
Fusion Antibodies reports positive recent trading
Fusion Antibodies reported positive trading in an update on Tuesday, highlighting significant progress for the first half of its financial year.
hVIVO upbeat on positive human challenge trial results with client
Specialist contract research organisation hVIVO announced positive results from a phase 2a human challenge trial (HCT) for Enanta Pharmaceuticals' RSV antiviral candidate, EDP-323, on Monday.
FD Technologies agrees £230m sale of First Derivative business
FD Technologies announced an agreement to sell its First Derivative business to EPAM Systems on Monday, for £230m.