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Research and Development (R&D) stories

xReality lifts revenue 69% & wins first European deal
Software-as-a-Service

xReality lifts revenue 69% & wins first European deal

A first European contract and stronger US demand lifted annual recurring revenue to AUD $8 million as xReality broadened its defence training reach.

By Sean Mitchell • 4 min read • 2 days ago
ZuriQ raises USD $25.5 million to scale quantum chips
High Performance Computing

ZuriQ raises USD $25.5 million to scale quantum chips

The Swiss start-up will use fresh funding to expand its team and scale fabrication of trapped-ion chips aimed at hundreds of qubits.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
DroneShield wins AUD $23.2m European defence contracts
Software-as-a-Service

DroneShield wins AUD $23.2m European defence contracts

Orders for vehicle-mounted counter-drone systems will lift committed revenue to AUD $206 million for 2026, even as margins ease.

By Mark Tarre • 5 min read • 3 days ago
Kong opens Milan & Paris offices amid Europe growth
Software-as-a-Service

Kong opens Milan & Paris offices amid Europe growth

Customer demand across Europe has fuelled a 72% rise in Kong's regional base, prompting new offices in Milan and Paris.

By Mark Tarre • 3 min read • 4 days ago
Vertiv expands Padua campus to boost chiller output
DataCentre infrastructure

Vertiv expands Padua campus to boost chiller output

Demand from AI data centres is prompting Vertiv to add capacity in Italy, with chiller output set to double by 2026.

By Sean Mitchell • 4 min read • Last week
Tekenable launches partnership programme & 30-job plan
Software-as-a-Service

Tekenable launches partnership programme & 30-job plan

The Irish technology services firm expects partnerships to drive up to 30% of revenue growth as it adds 30 roles over 12 months.

By Sean Mitchell • 3 min read • Last week
WAGO appoints Björn Twiehaus as Chief Executive Officer
Manufacturing

WAGO appoints Björn Twiehaus as Chief Executive Officer

The family-owned industrial group is seeking steadier leadership as it pursues overseas growth in connection and automation technology.

By Sofiah Nichole Salivio • 3 min read • Last week
Novo Nordisk eyes faster drug approvals with Celonis
Software-as-a-Service

Novo Nordisk eyes faster drug approvals with Celonis

Better process visibility could help the Danish drugmaker shave 12 months or more off development, bringing medicines to patients sooner.

By Mark Tarre • 3 min read • Last week

Stories from Other Regions

Research and Development (R&D) stories

UK urged to back AI charter as readiness doubts grow
Data Protection

UK urged to back AI charter as readiness doubts grow

Most Britons think the government is moving too slowly, with 58% saying the UK is not ready for AI's impact on jobs and the economy.

By Sofiah Nichole Salivio • 4 min read • Yesterday
Cato Networks tops USD $415 million ARR on enterprise demand
Robotics

Cato Networks tops USD $415 million ARR on enterprise demand

Enterprise appetite for single-vendor network security has lifted the company's recurring revenue 42% to USD $415 million, with 4,800 customers.

By Karen Joy Bacudo • 3 min read • 3 days ago
UK SMEs cut R&D after tax relief reforms, survey finds
Manufacturing

UK SMEs cut R&D after tax relief reforms, survey finds

Many firms have scaled back research, hiring and projects after HMRC tightened the UK's R&D tax relief rules, a survey finds.

By Karen Joy Bacudo • 4 min read • 4 days ago
Logicalis launches enterprise private 5G service in Ireland
Robotics

Logicalis launches enterprise private 5G service in Ireland

Enterprises in Ireland can now buy dedicated 5G networks directly from Logicalis after a regulatory change opened spectrum to non-telecoms firms.

By Sofiah Nichole Salivio • 3 min read • Last week
UK IT firms eye defence growth as confidence rises
Supply Chain

UK IT firms eye defence growth as confidence rises

A Barclays survey found 62 per cent of IT and telecoms firms expect more defence work, but skills and funding gaps still hinder growth.

By Karen Joy Bacudo • 4 min read • Last week
Delta buys Fremont site to boost Silicon Valley push
Semiconductors

Delta buys Fremont site to boost Silicon Valley push

The site gives Delta a larger Bay Area base for testing and demonstrations as AI and data centre customers demand more power infrastructure.

By Sean Mitchell • 3 min read • Last week
Google commits USD $40 million to US Genesis Mission
Digital Transformation

Google commits USD $40 million to US Genesis Mission

The White House-backed research push will give tens of thousands of Department of Energy staff access to Google AI tools for a year.

By Sean Mitchell • 4 min read • Last week
UK cybersecurity startups surge as scaleups stay rare
Data Protection

UK cybersecurity startups surge as scaleups stay rare

Funding shortages and weak customer demand are limiting UK cybersecurity startups' path to scale, despite a 252% surge in new firms.

By Sofiah Nichole Salivio • 4 min read • Last week
CIMA urges tax & skills reset to back business growth
Human Capital Management

CIMA urges tax & skills reset to back business growth

Businesses want clearer tax rules and broader training support as CIMA warns weak productivity could hold back UK growth.

By Karen Joy Bacudo • 4 min read • Last week
Jagex moves Cambridge HQ to Granta Park office hub
Gaming

Jagex moves Cambridge HQ to Granta Park office hub

The relocation gives the RuneScape maker a larger, sustainable base as Cambridge landlords court more than just life science tenants.

By Sofiah Nichole Salivio • 4 min read • Last week