BUZZ-Australia's Adisyn jumps on setting up new defence tech unit
Reuters
7 hours ago
BUZZ-Australia's Adisyn jumps on setting up new defence tech unit
** Shares of Adisyn AI1.AX rise as much as 31.6% to A$0.05, their highest level since March 5
** Tech co establishes new unit 2D Radar Absorbers Ltd to progress radar signature reduction technologies for drone, unmanned aerial vehicle $(UAV)$, and other defence applications
** About 8.9 million shares change hands, 5x 30-day average
** Stock down 32.8% so far this year, including the day's move
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.