Articles On Xtek (ASX:XTE)

The S&P ASX 200 fell -3.8% in October with mid-caps falling -6.94% and small-caps down -5.45% for the month S&P ASX 200 Energy was the only sector that closed October in the black with all Australian equity factors in red Dimerix...

The ASX200 closed down just over a third of a per cent today, with nearly all sectors falling into negative territory.  Energy stocks however gained nearly three-quarters of a per cent, materials were also up by .4 of a per cent. In...

Benchmark ASX index finishes ever so slightly up ASX Sectors led by Financial, IT, Property and Materials Small cap gainers: RBL, PIL, and LPI   Here’s how we ended on Thursday. Local markets largely did okay, and then wilted when we go...

XTEK (ASX:XTE), soon to be renamed HighCom after its armour, will shut down its Adelaide-based manufacturing facility by the year’s end The company holds the patent rights to a manufacturing process it calls “XTclave”, used to produce it...

The ASX200 has thrived today gaining about a percent, with all sectors recording positive growth. Utilities gained the most, more than four per cent – driven by ACCC giving the sale of Origin Energy to Canadian and US companies the green...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Canberra-based military technology company XTEK (ASX: XTE) has secured a key support contract with the Australian Department of Defence that could be worth more than $110 million over the next decade. The agreement stems from the $26.9 mil...

The ASX200 finished off the week on a good note, up about a third of a per cent. The materials sector performed best and was the biggest gainer, up more than 1.2 per cent, while after a strong run through the week, energy pulled back more t...

The ASX200 is trading higher today – up almost .4 of a per cent, hovering just above the 7050-point mark. The market is being boosted by the materials sector, which is more than 1.5 per cent ahead.In the news again – former Qantas (ASX:QAN)...

Body armour maker XTEK (ASX:XTE) receives a $3.2 million order for its body armour products The customer is an undisclosed military entity XTEK states ‘thousands’ of its products will be sold which will reduce inventory levels into...

The ‘drone in the box’ is changing the game for the drones market RocketDNA’s CEO Christopher Clark explains big opportunities that lie ahead Are there other drone stocks on the ASX?   By 2030, the commercial drone market is projected to...

Defence spending for Australia, like much of the world, is on the rise which may not be surprising given all the sabre-rattling that is going on. Funding for 2023-24 has exceeded $50 billion for the first time, set at AU$52.588 billion, amo...

Defence is big business on a global scale with the sector expected to reach US$838 billion in 2031 Several ASX companies are proving their prowess in defence manufacturing sector with ability to compete globally Titomic says ASX companies...

ASX  gains 0.46% while the emerging companies index falls RBA board will meet eight times instead of 11 times annually to set interest rates Nickel Search again intersects massive sulphide mineralisation at the Sexton prospect   After e...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Good morning to you all. The good news is that the ASX posted its best one-day gain since April yesterday, after way better than expected CPI data for May had investors punting that the RBA is likely to keep things on hold next week, after...

An already buoyant ASX boosted past +1.1% on happy CPI data for May. Consumer Discretionary just pipped by Real Estate, both up more than 2.1%. Stellar Resources takes line honours after hitting fresh zinc finds in Tassie.   A pleasing ba...

Defence Strategic Review could be positive for XTEK but company also looking at exports for growth CEO Scott Basham said Aussie military small compared to global market so overseas markets crucial XTEK achieves record half-year revenue of...

The S&P ASX 200 closed up 0.2%, while the S&P XEC fell 0.61% Polymetal Resources soars 64% after announcing thick high grade drill hits at Endeavour polymetallic mine XTEK subsidiary HighCom Armour Solutions signs a collaboration d...

The ASX fell today because US data gave Wall Street the willies on Friday A month’s worth of shipping data shows coal shipments to China are on the rise Qantas celebrates last week’s $1bn profit by slashing regional services. Again   Toda...

Highlights The ASX 200 benchmark index closed in the green today (December 1), gaining 65.50 points or 0.90% to end at 7,349.70 points. Over the last five days, the index has gained 1.49%, but is down 1.27% for the last year to date....

01 Dec 2022 - A snapshot of the stocks on the move featuring Greenstone Resources (ASX:GSR), Chase Mining Corporation (ASX:CML) and XTEK (ASX:XTE).

ShareCafeASX opens to 7-month high after Powell’s positive news: Aus shares up 0.8% by Peter Milios   The ASX has reacted positively to overnight news from the Federal Reserve. Chair Jerome Powell has confirmed the central bank will slow th...

ShareCafeStocks of the Hour: GSR, CML, XTE                    Greenstone Resources (ASX:GSR) has announced a shallow high-grade bonanza at its flagship Burbanks Gold Project in Western Australia. The recent JORC Exploration Target sho...

XTEK (XTE) receives a $26.9 million purchase order from the Australian Department of Defence for new military dronesThe company expects to deliver the order for the small unmanned aerial systems (SUAS) towards the end of its 2023 financial...

The ASX will open higher on Thursday after a rally on Wall Street overnight US Fed Chair Jerome Powell signalled slower rate hikes EU inflation rate has softened   The ASX is set to open higher on Thursday on the back of a strong rally in...

Highlights:  Drones are “unmanned” or “unpiloted” aircraft that can be used for various purposes, for example in the defence sector and for photography.  Drones are in demand these days because of their versatility and suitability for...

Highlights:  Space & drone technology is currently one of the growing sectors globally. The are companies in the sector which have recently seen a rise in demand for drones. Space & drone technology has recently emerged as...

The UK Government reckons it’ll have a fusion reactor up and running by 2040 Beam nabs $2.5m Iridium GO! portable satellite hotspot devices order  BSA and Intellihub team up to roll out Smart Metering services for utilities   The UK Gove...

Whether it’s two-for-one shopper docket deals or snaring a slightly used treadmill from the ‘free’ classification of Gumtree, we all like something for nothing and share market trading is no different. In the small to mid cap space, it’s po...

XTEK’s (XTE) HighCom Armor Solutions ships the $2.7 million order it received from a US federal government agency customer for specialist body armour and ballistic helmetsThe company’s HighCom business has already shipped and recognised rev...

Matternet has secured FAA approval for its M2 delivery drone Aerologix says once you’ve jumped the regulatory hurdle its basically blue sky from there Elsight says this opens the door for Aussie drone stocks to accelerate roll-out plans  ...

XTEK’s (XTE) HighCom Armor Solutions business receives a $2.7 million order from a US Federal Government agency customer The order is for XTEK’s specialist body armour and ballistic helmets with the order expected to be shipped before the...

ShareCafeLunch Report: 17 August, 2022 by Paul Sanger   At noon, the S&P/ASX 200 is 0.08 per cent or 5.90 points lower at 7099.50. The SPI futures are pointing to a rise of 1 point. Best and worst performers The best-performing sector i...

17 Aug 2022 - A snapshot of the stocks on the move featuring Nuheara (ASX:NUH), Frontier Energy (ASX:FHE) and XTEK (ASX:XTE).

The Kronos armoured submarine looks like a high-tech manta ray space ship Nearly a unicorn Nearmap says it could be cash flow positive in FY24 SILEX welcomes US Inflation Reduction Act, eyes commercialisation of its laser enrichment tech...

114 tech stocks were trading down for the month of June 11 stocks flatlined and only 22 were in the green The biggest losers were iSYNERGY, Icetana and Eroad   Wowzers. Even by tech stocks standards, June was a bit of a shocker, with the...

Google engineer reckons chatbot has become sentient Xtek sends $9.5m of specialist ballistic products to secret US customer Micro-X nabs new US distributor for its mobile Rover x-ray product   Google engineer Blake Lemoine has been sent o...

Xtek (XTE) receives two new purchase orders from Australia’s Department of Defence, totalling $8.1 million The first contract is for spare parts for the existing fleet of Small Unmanned Aerial Systems (SUAS), with a value of $5.7 million I...

ShareCafeEvening Report: 27 May, 2022 by Lauren Evans   Australian shares had their best day this week buoyed by resources and travel stocks while news in the M&A space also got some attention. Wall Street provided a solid lead with its...

The Xtek Ltd (ASX: XTE) share price entered the stratosphere today following a positive announcement from the company. The defence contractor’s shares shot up to an astounding high of 49 cents this morning before settling 39% higher around...

ShareCafeLunch Report: 27 May, 2022 by Melissa Darmawan   Travel stocks are stronger for a second straight day as Australian shares rally on the back of a strong lead from Wall St. A batch of upbeat earnings reports with several retailers u...

27 May 2022 - A snapshot of the stocks on the move featuring Sayona Mining (ASX:SYA), Infomedia (ASX:IFM) & XTEK (ASX:XTE).

XTEK (XTE) receives a US$33.21 million (A$46.8 million) purchase order through its HighCom Armour Solutions business from an undisclosed international customer The contract’s scope of supply is for tens of thousands of individual advanced...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

 ASX to open 1% higher this morning Wall Street surge in a broad based rally overnight April retail sales data to be released today Local shares are poised to open higher this morning following a jump in US stocks overnight. At 8am AEDT,...

Defence specialist XTEK (XTE) receives a $9.5 million purchase order for the supply of its HighCom body armour and ballistic helmets to an undisclosed customer The order is expected to be shipped and delivered to the customer in the comin...

ASX to rise as Wall Street rallies Fed minutes reveal plan to rise rates by 50bp over the next two months Appen gets takeover offer   Local shares are poised to open higher this morning following a broad based rally on Wall Street overnig...

Failing an election day voting glitch that installs Craig Kelly as PM, Australians should be waking up to an Albo or ScoMo-led nation tomorrow morning and – yes – we’re familiar enough with them now to use their nicknames. So how will the s...

The preferred, often heroic index of the Australian small cap, The Emerging Companies XEC has shed 2.4% today, to add to the haemorrhaging of the last four weeks. The ASX200 (XJO) has closed just 0.2% lower. If this is a cash rate thing, wh...