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Nanoveu Expands Drone Capabilities with Spinoff Robotics Acquisition

Nanoveu Ltd, a technology company specializing in advanced semiconductor and materials sciences, has made a strategic move to bolster its drone capabilities. The company has entered into a binding agreement to acquire Spinoff Robotics, a Singapore-based deep-tech company that develops proprietary drone platforms.

This acquisition will add two validated technologies to Nanoveu's portfolio - the ALICE tethered drone and the METRON sub-millimetre photogrammetry system. Crucially, it will also bring in-house engineering expertise to design and build next-generation drones. By combining Nanoveu's ECS-DoT edge AI silicon with Spinoff's aerial robotics expertise, the company will be able to unlock better on-device intelligence and flight responsiveness for its drone solutions.

The acquisition positions Nanoveu to target high-value defence, surveillance, and critical infrastructure applications, where conventional drone technologies have been constrained. The company will prioritize integrating its technologies to deliver fully-owned drone platforms purpose-built for each target market.

Vicinity Centres Expands Sydney Footprint with Eastern Creek Quarter Acquisition

Vicinity Centres, a leading Australian retail property group, has exchanged contracts to acquire the Eastern Creek Quarter (ECQ) retail asset in Western Sydney for $400 million. ECQ is a hybrid asset comprising an Outlet centre, traditional retail shopping centre, and large format retail, strategically located in a growing region.

The acquisition aligns with Vicinity's strategy to increase its exposure to metropolitan Sydney and strengthen its Outlet centre network. The company sees opportunities to leverage its retail partnerships, property management, and development capabilities to drive enhanced performance and value growth at ECQ.

Vicinity's CEO, Peter Huddle, noted that the company's conservative yet flexible capital structure has enabled it to capitalize on this attractive acquisition, which will enhance earnings resilience and future income and value growth.

Ventia Secures Yarra Valley Water Contract Renewal

Ventia Services Group Ltd, a leading provider of essential services, has announced the renewal of its maintenance services contract with Yarra Valley Water. The $405 million, 9-year contract consolidates Ventia's existing service agreements and reinforces the company's position as a trusted delivery partner.

Under the new contract, Ventia will manage sewerage and water network reactive maintenance, as well as mechanical and electrical planned and reactive maintenance, for Yarra Valley Water's South region. This builds on Ventia's longstanding relationship with the utility, which dates back to 2015.

Ventia's Managing Director and Group CEO, Dean Banks, expressed the company's pleasure in continuing its partnership with Yarra Valley Water, focusing on transformational asset management and enhanced service delivery.

Alkane Delivers Record Q3 Results

Alkane Resources Ltd, an Australian gold and antimony producer, has reported exceptional financial results for the third quarter of fiscal year 2026. The company generated record revenues of $274 million, driven by gold equivalent sales of 43,373 ounces at an average price of $6,315 per ounce.

Alkane's three-mine portfolio, which includes the Tomingley, Costerfield, and Björkdal operations, delivered record production of 44,669 ounces of gold and 377 tonnes of antimony. This strong operational performance translated into a record EBITDA of $161 million and $161 million in cash generated from operating activities, resulting in a net profit of $93 million.

Looking ahead, Alkane remains on track to meet its full-year 2026 guidance, which includes gold production of 180,000-190,000 ounces and antimony production of 1,200-1,300 tonnes, at all-in sustaining costs of $2,800-$3,000 per ounce of gold equivalent.

Clean TeQ Water Awarded Dewatering Contract at Rasp Mine

Clean TeQ Water, a provider of water treatment solutions, has been awarded a contract by Broken Hill Operations Pty Ltd to deploy its proprietary ATA® rapid dewatering technology at the Rasp Mine in Broken Hill, New South Wales.

The Design and Construct contract covers the engineering, procurement, and installation of a single-train ATA® Tailings Dewatering Plant, which will allow the mine to transition from conventional wet tailings storage to safer, filtered tailings disposal. Clean TeQ Water and Broken Hill Operations are also negotiating a long-term Polymer Supply Agreement for the ATA® reagents and technology licensing.

The ATA® technology will significantly enhance the Rasp Mine's tailings dewatering capacity, reducing both operating and capital costs. The plant is targeted for practical completion in the first half of 2027, supporting Broken Hill Operations' ramp-up of the Rasp Mine to its 750,000 tonnes per annum production rate.

Nanoveu Reinstated to ASX Quotation

Nanoveu Ltd has been reinstated to ASX quotation with immediate effect, following the release of an announcement regarding the company's proposed acquisition of Spinoff Robotics to expand its drone technology capabilities.