{"id":69250,"date":"2026-01-30T02:40:34","date_gmt":"2026-01-30T05:40:34","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/887845089"},"modified":"2026-01-30T02:40:34","modified_gmt":"2026-01-30T05:40:34","slug":"harvest-tech-makes-key-advances-during-quarter","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/01\/30\/harvest-tech-makes-key-advances-during-quarter\/","title":{"rendered":"Harvest Tech makes key advances during quarter"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i2.wp.com\/content.api.news\/v3\/images\/bin\/36d5abdaa3f402d87978eb8cf17d84a6?ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"bullets\">\n<li class=\"body-link\">\n<p>Harvest Technology reports operational growth in defence and maritime surveillance markets in December quarter<\/p>\n<\/li>\n<li class=\"body-link\">\n<p>EBITDA losses improve to $520,000 down from $1.11m in H1 FY25<\/p>\n<\/li>\n<li class=\"body-link\">\n<p>European investors now account for 25-30% of trading volume, reflecting rising global interest in defence technologies<\/p>\n<\/li>\n<\/ul>\n<p><strong><em>Special Report:<\/em> Harvest Technology Group has released its quarterly activity report, highlighting ongoing operational growth in defence and maritime surveillance markets, alongside early signs of financial recovery in H1 FY26.<\/strong><\/p>\n<p><a class=\"body-link\" href=\"https:\/\/stockhead.com.au\/company\/harvest-technology-group-htg\/\" target=\"_blank\" rel=\"noopener\"><strong>Harvest Technology Group (ASX:HTG)<\/strong><\/a>recorded total revenue of $2.73 million for H1 FY26, down slightly from $3.02m in the prior corresponding period (pcp).<\/p>\n<p>However, EBITDA losses narrowed to $520,000 for H1 FY26, an improvement on the $1.11 million loss in H1 FY25, reflecting operational efficiencies and cash flow management initiatives.<\/p>\n<p>HTG reported cash receipts of $2.534m for the December quarter, supporting a net operating cash inflow of $44,000.<\/p>\n<p>The company also drew down an additional $1m (before costs) from its $6m funding facility with RiverFort Global Opportunities PCC Ltd.<\/p>\n<p>Key cash movements during the quarter included a R&amp;D tax rebate of $1.279m, $730,000 received from the final settlement of the VOS Shine vessel matter, and repayment of $1.2m in convertible notes secured against the R&amp;D rebate.<\/p>\n<p>Cash balances stood at $782,000 at the end of the quarter, with $3.5m in undrawn financing facilities.<\/p>\n<h2><strong>Completes operational milestones<\/strong><\/h2>\n<p>On the operational front, HTG achieved several milestones in the December quarter, particularly in defence and maritime sectors with its Nodestream platform.<\/p>\n<p>The platform enables secure, live video and data to be transmitted even over weak or unreliable connections.<\/p>\n<p>The company executed a binding agreement with Pyxis Controls to act as the exclusive reseller of HTG\u2019s proprietary Nodestream technology across the MENATISA region.<\/p>\n<p>Pyxis will leverage its established networks to accelerate adoption of Nodestream across national security, energy, marine, and government communications, with multiple customer engagements already underway.<\/p>\n<p>HTG also signed a memorandum of understanding with Annex Digital to jointly pursue government and defence tenders, further expanding its commercial footprint.<\/p>\n<p>Production started for the rollout of a national integrated maritime surveillance system, planned to scale beyond 30 autonomous or remotely managed unmanned surface vessels (USVs).<\/p>\n<p>Direct engagement with NATO customers led to initial orders for testing and development platforms, with larger-scale rollouts anticipated.<\/p>\n<p>A major NATO contractor has placed additional orders for Nodestream systems following successful field trials, while a US defence contractor has begun testing the technology within its drone product development program.<\/p>\n<p>Marine services customers have also ramped up adoption of Nodestream, with several requesting enterprise licences as part of broader remote operations initiatives.<\/p>\n<p>Defence-sector interest continues to grow as the platform demonstrates capabilities in contested environments.<\/p>\n<p>HTG is finalising a dedicated defence strategy, including recruitment of a senior leader to drive engagement with defence clients, with a full update expected in its upcoming half-year report.<\/p>\n<h2><strong>Growth in European investors <\/strong><\/h2>\n<p>Investor relations activities remained strong during the quarter, supported by partners Dr Reuter, Spark+, and Stockhead.<\/p>\n<p>European investors now account for 25\u201330% of trading volume, reflecting rising global interest in defence technologies.<\/p>\n<p>The company plans multiple roadshows in the coming quarter to further strengthen investor engagement, particularly following release of its upcoming defence strategy.<\/p>\n<p><em>This article was developed in collaboration with Harvest Technology Group, &nbsp;a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p>Originally published as <a class=\"body-link\" href=\"https:\/\/www.theaustralian.com.au\/business\/stockhead\/content\/harvest-tech-advances-defence-and-maritime-operations-in-december-quarter\/news-story\/2ff2dfc8422441fe33eed448538ab991\">Harvest Tech advances defence and maritime operations in December quarter<\/a><\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; defence technologies Special Report: Harvest <span class=\"match\">Technology<\/span> Group has released its quarterly &#8230; developed in collaboration with Harvest <span class=\"match\">Technology<\/span> Group, \u00c2\u00a0a Stockhead advertiser &#8230; . Originally published as Harvest <span class=\"match\">Tech<\/span> advances defence and maritime operations &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-69250","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/69250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=69250"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/69250\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=69250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=69250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=69250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}