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Market Roundup: Megaport Secures Major Contract, Nido Expands, and More

Megaport Lands $35.4M Compute Deal Megaport Limited (ASX: MP1) announced a major win for its Latitude.sh subsidiary, securing a 3-year, $35.4 million compute and storage contract. This significant deal has driven strong growth in Megaport's compute and network businesses, with Compute ARR up 31% and Megaport Network ARR up 23%. The company reaffirmed its FY26 guidance and provided an update on the potential impact on capital expenditure.

Nido Education Acquires 4 Child Care Services Nido Education Limited (ASX: NDO) has completed the $9.1 million acquisition of four child care services, with an estimated annualised EBITDA of $1.9 million and an average daily fee of $197. While the sector remains challenging, Nido is maintaining a disciplined approach to site selection and actively assessing additional acquisition opportunities to complement its greenfield incubation pipeline.

AML3D Expands Footprint, Secures Major Orders AML3D Limited (ASX: AL3) reported strong quarterly results, including $2.2 million in customer receipts and a total of $29 million in orders on hand. The company received a $9.9 million order from US Navy shipbuilder Newport News Shipbuilding and a $2.6 million order for US Navy submarine components. AML3D is expanding its US facilities to meet growing demand and making progress in the UK and European defence markets.

Paradigm Biopharmaceuticals Advances Phase 3 Trial Paradigm Biopharmaceuticals Ltd (ASX: PAR) provided an update on its global Phase 3 PARA_OA_012 clinical trial for the treatment of knee osteoarthritis. The company has dosed 50% of patients and expects interim analysis results in Q3 2026. Paradigm also highlighted positive biomarker and translational study publications and completed a $14 million placement to fund the trial through the interim analysis and beyond.

Adisyn Achieves Graphene Milestone, Secures Funding Adisyn Ltd (ASX: AI1) made significant progress in developing graphene-based semiconductor interconnects, including successfully demonstrating the low-temperature deposition of graphene using an industrial ALD system. The company also identified a new application for graphene in radar signature reduction and secured a $14 million placement to support its technology development and commercialization efforts.