The US Food and Drug Administration (FDA) has given the green light to respiratory imaging technology company 4DMedical (ASX: 4DX) for its CT-based lung ventilation analysis product (CT LVAS™). This FDA clearance will allow 4DMedical to leverage the US’s available CT hardware and boost its presence in the region. The FDA clearance follows the rollout
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Questions regarding reliability, transparency and scalability came to the fore after the multi-asset exchange company Australian Stock Exchange (ASX: ASX) decided to replace its 25-year-old clearing and settlements system CHESS with blockchain tech in 2016. To do so, the ASX brought on the New York-based tech startup Digital Asset. However, after multiple delays and issues,
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Major conflicts in Israel and the Ukraine are tearing nations apart but for ballistics defence company XTEK (ASX: XTE), someone needs to offer protection to the people involved and if that means lacing them up in high-end ballistic body armour products, they’re happy to do it. Some might call it a coincidence but since Russia’s
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The XJO is expected to rise this morning following continued strength in US markets on Friday. Our futures are pointing to a rise of around 20 points, to roughly 7,070 index points. Our XJO traded a bit nervously towards the end of last week as if we were almost expecting a US pullback, but should
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In what might be construed as a slow takeover bid, asset finance broking group COG Financial Services Limited (ASX: COG) has acquired 19.99% of diversified financial services company Centrepoint Alliance (ASX: CAF) for a consideration of $13 million. COG has utilised cash and debt to fund the acquisition. The approximately 39.56 million shares were bought
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AEM’s newly launched Forest Service radio, the MTP136D, is flying off the shelves, as the electronics manufacturer Structural Monitoring Systems (ASX: SMN) subsidiary signed a contract with a Canadian-based helicopter provider within a month of its launch. The contract has been signed with Yellowhead Helicopters, based in British Columbia and Alberta. For over fifty years,
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