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Sustainability software player Simble Solutions (ASX:SIS) has secured a one-year deal (with a two-year option agreement) with Origin Energy to provide the SimbleSense solution to their commercial and industrial customers.
SimbleSense enable customers to use real time data to monitor energy usage, identify trends and potential savings opportunities, and to assist in measurement and verification of energy efficiency projects.
The platform will be offered by Origin Zero, a business unit of Origin that provides energy solutions and services to their large business customers – including helping them to decarbonise their energy supply.
SIS chief revenue officer Fadi Geha says the deal is a validation of the company’s energy management tech.
“Our arrangement with Origin Zero further builds on the success of our sales channel strategy,” he said.
“This approach opens access to a substantial customer base and we are confident that this strategic agreement will drive strong sales and engagement for both companies.”
The drone company’s operating division, Rocketmine WA, has signed a contract to formalise its continued delivery of drone surveying services to AngloGold Ashanti Australia’s Sunrise Dam gold mining operation in WA.
The contract is for two years, with a Total Contract Value (TCV) of $307k and Annual Recurring Revenue (ARR) of $154k.
Drone surveying services will include monthly aerial surveying of ore stocks, tailings storage facility, and other infrastructure on an as-needed basis.
“We are very pleased to have converted AngloGold Ashanti from being a regular project-based customer to a multi-year term partnership,” CEO Christopher Clark said.
“AngloGold Ashanti will immediately benefit from our long-range Beyond Visual Line Of Sight (BVLOS) and above 400ft approvals, allowing us to capture and processes all their geospatial requirements more quickly and efficiently.
“This contract also contributes to the growth of DLT’s Annual Recurring Revenue, which is key metric investors use to value our company and its future revenue potential.”
Semiconductor company 4DS has achieved cell operation in the megabit memory array of the Third Platform Lot (third batch of chips) utilising improved test capabilities, after reporting late last year that the etch process had induced damage to the crystallinity of the 4DS PCMO layer.
The company can now further explore optimised programming conditions with the access transistors and write circuitry of imec’s megabit memory platform (imec being the ones manufacturing the Lots).
4DS says results indicate that the 4DS Interface Switching ReRAM cells are potentially more likely to be compatible with imec’s megabit memory platform which de-risks the testing of the Fourth Platform Lot expected to be received by 4DS in late Q2 2023 – as previously guided.
The company has completed its $120m institutional placement at an offer price of $4.05 per new share to accelerate commercialisation of its laser enrichment technology.
The focus of acceleration includes significant strategic market opportunities in uranium production and enrichment (nuclear power) (via GLE1); Zero-Spin Silicon (ZS-Si) (silicon quantum computing); and medical isotopes (nuclear medicine cancer diagnostics and treatments).
“This is an exciting and transformational juncture in our company’s development,” CEO and MD Michael Goldsworthy said.
“This capital underpins a highly value-accretive acceleration in our various technology commercialisation activities, at a time of increasing impetus to improve the security of the global nuclear fuel supply chain and to support a smooth transition toward decarbonisation.”
The data centre player has signed a binding agreement to dispose of its non-core modular infrastructure assets for a total consideration of $3 million in cash to D Comm Infrastructure, a subsidiary of web3 technology company D Comm Ventures.
DComm’s Infrastructure division has a pipeline of $3.5 million renewable energy projects in WA and their CEO Brett Endersby said the purchase of DC2’s modular data centre business is a “strategic acquisition which will allow DComm to expand the data centres to this pipeline of renewable energy projects.”
DC2 recently announced plans to acquire manged IT and cloud services provider Attained – which is expected to close by the end of March – and says these two transactions are expected to drive further growth by leveraging its IT infrastructure foundations built over the last three years, from a position of financial strength.
At Stockhead we tell it like it is. While Simple Solutions is a Stockhead advertiser, it did not sponsor this article.
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