PERTH: Altech Batteries Limited (ASX: ATC) announced Monday it has reached an agreement with major shareholder Deutsche Balaton AG to secure up to €2.5 million ($2.7 million) in funding through interest-bearing bearer bonds. The move aims to advance the company’s CERENERGY® sodium chloride solid-state battery and Silumina Anodes™ projects without diluting shareholder value. The funding, structured as…
Leeuwin Metals prepares for maiden drilling at Marda Gold Project
SUBIAKO: Leeuwin Metals Ltd. (ASX: LMI) announced it is set to begin its first drilling program at the Marda Gold Project in Western Australia’s Eastern Goldfields after completing its acquisition of the site. Shareholders approved the deal on March 17, clearing the way for field work to start this week. The company plans to drill 10,000 meters…
5th Planet Games forms partnership with Glomerk SA in Poland
COPENHAGEN: 5th Planet Games today announced a new partnership with Glomerk SA based in Poland; the agreement will see Glomerk provide a distribution capability covering Poland, Czech Republic, Slovakia and Hungary. 5th Planet Games also announces an extension to the agreement with Nordisk A/S, which will see Nordisk extend its partnership to include distribution across…
CMB.TECH signs landmark agreement for nine ammonia-powered vessels
ANTWERP: CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) announced Monday it has entered into an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) and MOL CHEMICAL TANKERS PTE. LTD. (MOLCT) for the construction of nine ammonia-powered vessels. These ships, which include some of the world’s first ammonia-powered Newcastlemax bulk carriers and chemical tankers, are expected to be…
Conygar Investment sells Anglesey assets to Stena Line Ports for £6.6 million
LONDON: The Conygar Investment Company has announced the sale of its development land at Holyhead Waterfront and Parc Cybi, located in Anglesey, Wales, to Stena Line Ports Limited. The transaction, which includes an adjoining seabed at Holyhead, is set to be completed on March 28, 2025. The sale will generate net proceeds of £6.6 million after costs,…
Argo Blockchain Names Justin Nolan as CEO
LONDON: Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) announced Monday the appointment of Justin Nolan as chief executive officer and director, effective March 22, 2025. Nolan, formerly CEO of Arkon Energy, brings extensive experience in the digital infrastructure and cryptocurrency mining sectors. He previously served as Argo’s chief growth officer, where he spearheaded the development of the…
CamGraPhIC secures €25 million Series A funding
CAMBRIDGE: CamGraPhIC Srl, a leader in energy-efficient, high-bandwidth optical interconnect technology and a subsidiary of 2D Photonics SpA, announced Monday the successful completion of a €25 million Series A equity funding round. The investment, raised through 2D Photonics, will accelerate innovation in graphene photonics transceivers, revolutionizing artificial intelligence (AI) and cellular data transmission by enhancing energy efficiency,…
Plus500 to acquire Mehta Equities for $20 million
LONDON: Plus500, a global multi-asset fintech group, announced Monday that it has conditionally agreed to acquire 100% of Mehta Equities Limited, an Indian financial services company specializing in broking services, including futures, options, and cash equities trading. The acquisition, valued at approximately $20 million, is part of Plus500’s strategy to expand its geographic footprint into India’s…
Augustine Therapeutics raises €77.7 million in Series A funding
LEUVEN: Augustine Therapeutics NV announced the successful completion of its €77.7 million ($84.8 million) Series A funding round. Co-led by Novo Holdings and Jeito Capital, the financing also included investments from Asabys Partners, Eli Lilly, AdBio Partners, V-Bio Ventures, and others. Augustine focuses on developing therapies for neuromuscular, neurodegenerative, and cardio-metabolic diseases by selectively inhibiting the…
SEALSQ Corp to acquire a 30% equity stake in WeCanGroup SA
GENEVA: SEALSQ Corp (NASDAQ: LAES), a subsidiary of WISeKey, has entered into a strategic agreement to acquire a 30% equity stake in WeCanGroup SA. The collaboration aims to bolster cybersecurity resilience in the Web 3.0 ecosystem, focusing on post-quantum cryptography, Internet of Things (IoT) security, and safeguarding financial sectors against quantum-enabled cyber threats. The partnership will…
Teledyne FLIR Defense secures $7.8 million Saudi contract
RIYADH: Teledyne FLIR Defense has secured a $7.8 million contract with Middle East Task Company (METCO) to supply its next-generation Lightweight Vehicle Surveillance System (LVSS) to a military entity in Saudi Arabia. The deal includes mission support equipment, training, and aligns with an approved localization plan involving the General Authority for Military Industries (GAMI). The…
Steadfast Group announces executive leadership changes
SYDNEY: Steadfast Group has announced key changes to its executive leadership team. Chief Operating Officer (COO) Nigel Fitzgerald will step down on 1 July 2025 to pursue a personal business venture. He will remain in a senior advisory role until 30 September 2025 and maintain close ties with the company, including board positions in several Steadfast subsidiaries….