Technology

Filtronic Secures $8.4m Contract with SpaceX
August 30, 2024 09:09 PM AEST| By Team Kalkine MediaCommunications equipment company Filtronic,(LSE:FTC),has announced a significant contract with SpaceX valued at $8.4 million. The agreement, which is irrevocable, continues the demand for Filtronic's E-band solid-state power amplifier modules, essent...

Nexteq Appoints Duncan Faithfull as CEO
August 30, 2024 12:21 AM AEST| By Team Kalkine MediaOn Thursday, Nexteq,(LSE:NXQ),, a prominent technology solutions provider, announced that Duncan Faithfull has been appointed as the new chief executive officer, effective immediately. Faithfull, who has been with the company since 2020, previously h...

Essensys Reports Revenue Growth and Narrowed Losses for FY
August 29, 2024 10:31 PM AEST| By Team Kalkine MediaEssensys, a prominent software and technology group, reported on Thursday that its full-year revenue, underlying losses, and cash position are set to surpass current market expectations.,The company anticipates revenues of £24.0 million for the fisca...

What Tracsis expects from next financial year?
August 29, 2024 08:23 PM AEST| By Team Kalkine MediaTracsis (LSE:TRCS), a prominent transport technology provider, has released its trading update for the fiscal year ending July 31, 2024. The company's performance aligns with its revised guidance, reflecting a stable financial trajectory despite some...

London Open: Stocks Inch Up Ahead of Nvidia Earnings
August 28, 2024 09:10 PM AEST| By Team Kalkine MediaLondon stocks showed a modest increase in early trading on Wednesday, following a positive performance on Wall Street. At 0820 BST, the FTSE 100 index was up by 0.1% to 8,356.95.,Susannah Streeter, head of money and markets at Hargreaves Lansdown, no...

CyanConnode Wins Major Contract, Boosting Growth Prospects
August 28, 2024 08:38 PM AEST| By Team Kalkine MediaCyanConnode,(LSE:CYAN),, a company specializing in radio frequency networks, announced on Wednesday that it has secured a significant contract from a global partner to supply 6.5 million Omnimesh modules for various smart metering projects across Ind...

Seeing Machines Reports Revenue Growth but Wider Losses for Full Year
August 28, 2024 08:37 PM AEST| By Team Kalkine MediaSeeing Machines,(LSE:SEE),, a company specializing in driver monitoring technology, reported strong performance for the 2024 financial year, highlighted by substantial revenue growth, expansion in its automotive programs, and strategic partnerships....

Seeing Machines Reports 17% Growth in Revenue in FY24
August 28, 2024 04:24 PM AEST| By Team Kalkine MediaSeeing Machines Limited (LSE:SEE), a leader in advanced computer vision technology, has released its trading update for the financial year ended June 30, 2024, highlighting significant growth and strategic achievements across its key sectors. The com...

PCI-PAL No Longer Anticipates Reporting FY Adjusted Pre-Tax Profit
August 28, 2024 02:50 PM AEST| By Team Kalkine MediaOn Wednesday, PCI-PAL,(LSE:PCIP),, a payment solutions firm, disclosed that it will not meet its previous forecast of adjusted pre-tax profit for the fiscal year 2024 due to issues with the timing of revenue recognition linked to a particular custome...

evoke (LSE: EVOK) Expands Presence in Romania with Acquisition of Winner.ro, Enhancing Market Position
August 26, 2024 03:44 PM AEST| By Team Kalkine Mediaevoke (LSE: EVOK), a leading global player in the betting and gaming sector known for its prestigious brands including William Hill, 888, and Mr Green, has announced the acquisition of New Gambling Solutions S.R.L (NGS), which operates Winner.ro ("Wi...

Nvidia Under Pressure Ahead of Q2 2025 Amid Blackwell Delays
August 24, 2024 01:21 AM AEST| By Team Kalkine MediaDemand for Nvidia's high-end graphics processing units (GPUs), crucial for running generative AI workloads, remains robust. However, despite this strong demand, the company's stock performance has been turbulent, reflecting the high expectations and...

Corero Network Security Boosts Presence with Latin America Channel Deals
August 24, 2024 12:17 AM AEST| By Team Kalkine MediaCorero Network Security,(LSE:CNS),, a company specializing in DDoS protection solutions, has made notable strides in expanding its presence in Latin America by securing new channel partnerships. On Friday, the company announced the establishment of t...

Dillistone Group Faces 'Challenging' Market, Secures £300k Funding
August 24, 2024 12:15 AM AEST| By Team Kalkine MediaDillistone Group,(LSE:DSG),has communicated that its interim results for the first half of the year are expected to align with market forecasts, highlighting a significant improvement in operational profitability compared to the first half of 2023. T...

BenevolentAI Receives High Praise from Leading Investment Bank
August 24, 2024 12:01 AM AEST| By Team Kalkine MediaBenevolentAI,(OTC:BAIVF),is being recognized for its innovative approach to pharmaceutical research in the era of artificial intelligence. Deutsche Bank recently initiated coverage on the London-based company, highlighting its significant role in rev...

Who is Mike Lynch? Tech Billionaire Missing After Yacht Sinks in Italy
August 23, 2024 08:53 PM AEST| By Team Kalkine MediaBritish tech entrepreneur Mike Lynch is among six individuals reported missing following the sinking of a superyacht off the coast of Sicily, The Independent has learned. The 59-year-old, renowned for founding Invoke Capital and Autonomy Corporation,...

Mike Lynch’s Death Ends the Tragic Saga of the Exonerated British Tech Icon
August 22, 2024 09:00 AM AEST| By Team Kalkine MediaMichael Richard Lynch, a prominent British businessman, has passed away at the age of 59 following a yachting accident on Monday. Lynch, along with seven others including his daughter, tragically drowned when their yacht encountered severe weather co...

Pebble Beach Revenue Declines, Profits Rise in First Half
August 21, 2024 11:35 PM AEST| By Team Kalkine MediaBroadcast and media technology software provider Pebble Beach Systems,(LSE:PEB),reported a 12% increase in order intake for the first half of the year, reaching £4.9 million, up from £4.4 million in the same period of 2023. Despite a slight decrease...

Sony PS5 Sales Surge in China with Black Myth: Wukong Release
August 21, 2024 11:02 PM AEST| By Team Kalkine MediaAs the Sony PlayStation 5 nears the latter part of its lifecycle, the recent launch of the highly anticipated game,Black Myth: Wukong,has significantly boosted sales in the typically subdued Chinese market.,Black Myth: Wukong,, developed by the Hangz...

Rosslyn Data Secures £2M Deal, Reports Smaller FY Losses
August 21, 2024 10:24 PM AEST| By Team Kalkine MediaCloud-based software provider Rosslyn Data Technologies,(LSE:RDT),announced on Wednesday that it has secured a significant new client contract worth at least £2.0 million. This development follows the company reporting underlying losses for the fisca...

Former Darktrace Executive Stephen Chamberlain Passes Away in Tragic Accident
August 20, 2024 10:16 PM AEST| By Team Kalkine MediaStephen Chamberlain, the former Chief Operating Officer of the British cybersecurity firm Darktrace PLC an,Technology sector,firm, tragically passed away after being struck by a car on Saturday. Chamberlain was a key figure in the early development o...
AI on the Rise: A Look at Top AI Companies and Their Stocks