Harvest Technology Group Secures AUD 6 Million Financing Facility from RiverFort Global Capital to Accelerate Growth in Defense Sector

Reuters

2025/10/04

Harvest Technology Group Secures AUD 6 Million Financing Facility from RiverFort Global Capital to Accelerate Growth in Defense Sector

**Harvest Technology Group Secures AUD 6 Million Financing to Accelerate Growth in Defense Sector** Harvest Technology Group Ltd. (ISIN: AU0000082422) has announced a new financing agreement with RiverFort Global Capital, securing a funding line of AUD 6 million (approximately EUR 3.36 million). The agreement aims to support Harvest Technology's growth initiatives, particularly in the marine and defense sectors. The first tranche of AUD 1.5 million (about EUR 0.84 million) will be disbursed immediately to strengthen the company's working capital. CEO Ilario Faenza highlighted that the partnership enables the company to execute its expansion plans without delay and provides flexibility for future capital needs. RiverFort Global Capital's CEO, Gytis Martinkus, noted the strong growth potential in Harvest's target markets and the relevance of the company's Nodestream technology in areas where robust communication under challenging conditions is essential. The new financing is expected to drive Harvest Technology's expansion in highly profitable markets with strong demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harvest Technology Group Ltd. published the original content used to generate this news brief via pressetext (Ref. ID: 20251004007) on October 04, 2025, and is solely responsible for the information contained therein.

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