Technology
Versarien upbeat on recent company progress
Advanced materials engineering group Versarien updated the market on its progress across several key sectors and markets on Friday, reporting a growing pipeline of opportunities, rising from £1. 6m in October 2023 to £4. 7m currently, with £1. 6m in commercial opportunities and £3. 1m in grants.
MicroSalt makes progress in expanding patent portfolio
MicroSalt, which develops and supplies low-sodium, full-flavour salt, announced significant progress in expanding its global patent portfolio on Friday.
Ilika announces key Goliath development milestone
Solid-state battery technology developer Ilika announced a key development milestone on Thursday, with the successful completion of testing on its Goliath D5 prototypes.
FW Thorpe posts strong set of full-year results
Professional lighting system designer and manufacturer FW Thorpe reported a solid set of full-year results on Thursday.
Syncona commits £63.5m to Resolution Therapies
Syncona announced on Thursday that it has committed £63. 5m in series B financing to Resolution Therapeutics, a portfolio company focused on macrophage therapy for inflammatory and fibrotic diseases.
Telecom Plus flags continued robust growth in first half
Telecom Plus reported continued robust growth in customer numbers in a first-half update on Thursday, with a rise of 67,000 customers in the six months ended 30 September.
Transense division Translogik enters southeast Asia partnership
Transense Technologies announced on Wednesday that its Translogik division has entered a strategic distribution partnership with AssetFindr to expand into the southeast Asian market.
Deadline extended as Equals in 'advanced' talks with suitors
Equals Group updated the market on its ongoing strategic review on Wednesday, confirming the ‘put up or shut up’ (PUSU) deadline regarding a possible all-cash offer for the company had been extended.
Quantum Blockchain extends share sale and repurchase deal with CEO
Quantum Blockchain Technologies announced an extension to the sale and repurchase agreement involving its chief executive officer and executive chairman Francesco Gardin and MC Strategies on Wednesday.
Revenue rises, underlying profits narrow for Pinewood Technologies
Pinewood Technologies reported strong growth in revenue and gross profit for the first half of the year on Wednesday, driven by a successful system rollout in its key UK market.
LungLife AI test validation accepted for journal publication
LungLife AI announced on Wednesday that the analytical validation of its blood-based LungLB test had been accepted for publication in the peer-reviewed journal BMC Pulmonary Medicine.
Powerhouse Energy reports progress on Bridgend technical centre
Waste-to-energy technology developer Powerhouse Energy reported progress on the development of its technical centre in Bridgend, Wales on Tuesday, which it described as a key part of its strategy to demonstrate its waste-to-energy technology and explore commercial applications.
Mpac launches £1m retail offer alongside £29m placing
High-speed packaging and automation company Mpac launched a retail offer to raise up to £1m on Tuesday, as part of a larger placing to raise almost £30m.
Intelligent Ultrasound completes £40.5m sale of Clinical AI business
Intelligent Ultrasound announced on Tuesday that it has completed the sale of its Clinical AI Business to GE HealthCare, for an enterprise value of £40. 5m.