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The Stock Network

The Stock Network (TSN) is your trusted source for ASX stock market news, key trends, and investment insights. Stay tuned for the latest reports, expert market analysis, and IPO updates.

ASX & US stock news headlines

Enlitic, Inc. (ASX:ENL) has secured a new contract with globally recognised paediatric healthcare institution St. Jude Children’s Research Hospital, further expanding the Company’s presence in North America and providing a potential pathway for broader adoption of its AI-powered imaging data platform, Ensight.

🏥 Major healthcare institution secured, with Enlitic entering a collaboration agreement with St. Jude Children’s Research Hospital for the provision of medical imaging data migration services valued at US$250,000.

🧠 Potential SaaS expansion opportunity, with the migration contract acting as a catalyst for possible adoption of Enlitic’s AI-powered Ensight platform, which provides higher-margin enterprise SaaS imaging and data management solutions.

🌎 Expansion into paediatric healthcare, marking Enlitic’s first commercial engagement in the paediatric healthcare sector and opening exposure to a specialised, research-intensive segment of the global healthcare market.

📈 Growing commercial momentum, with the St. Jude contract taking the value of new contracts secured in March to US$1.75 million, following the previously announced US$1.5 million agreement with Penn Medicine.

🔗 Strengthening healthcare and original equipment manufacturer (OEM) pipeline, with Enlitic continuing to secure commercial engagements both directly with leading healthcare institutions and through global OEM relationships supporting deployment of its migration and AI-enabled imaging solutions.

Enlitic CEO Michael Sistenich said: “This strategic relationship is another strong validation of our technology and reflects the growing need among healthcare providers for solutions that extend beyond migration and standardisation, supporting a more effective approach to managing their data over time. We are proud to work with such a respected healthcare institution as St. Jude on an engagement which supports those priorities.”
Kaoko Metals has listed on the ASX with the ticker code of KAO. The Company 100% owns the Chalkos Project, located in the Kunene area, within the Kaoko Copper Belt in north-western Namibia. Kaoko Metals also has the right to earn up to an 85% interest in the Karibib Project in Namibia’s Damara Belt. Exploration work to date across these two assets suggests substantial potential upside in copper, gold and silver. The IPO raise will fund additional exploration activities across both the Chalkos and Karibib Projects.
Synertec Corporation (ASX: SOP) has entered into a strategic collaboration with Hitachi Energy, progressing the development of battery energy storage systems (BESS) and microgrid solutions and establishing a structured pathway to scale its Powerhouse platform across Australia’s energy transition.

🔋 Strategic collaboration secured, with Synertec partnering with Hitachi Energy to jointly pursue and deliver BESS and microgrid projects, combining global power conversion technology with Synertec’s engineering-led integration capabilities.

⚙️ Integrated technology offering, with the partnership bringing together Hitachi Energy’s grid integration and digitally enabled power conversion systems with Synertec’s Powerhouse platform to deliver scalable, high-performance energy solutions.

🌏 Exposure to high-growth markets, with a focus on sectors including energy, mining, data centres and critical infrastructure, targeting projects in the 5MW–30MW range amid rising demand driven by AI and data centre expansion.

Synertec Managing Director, Mr. Michael Carroll, commented:
“This collaboration with Hitachi Energy represents a strong strategic alignment between global technology capability and local engineering-led delivery. There is a clear convergence in demand across both the energy industry and the rapidly expanding data centre sector for reliable, scalable and high-performance power systems.

With strong overlap in our target customers and growing recognition of both organisations’ capabilities, we are already seeing meaningful opportunities emerge. Importantly, this partnership complements our existing relationships with leading technology providers, further strengthening our ability to deliver flexible, best-in-class solutions tailored to customer needs.

By combining Hitachi Energy’s advanced power conversion and grid integration expertise with our Powerhouse technology platform, we are well positioned to deliver integrated solutions that meet the evolving needs of these markets.”
Impact Minerals (ASX:IPT) Managing Director Dr Mike Jones will present at The Stock Network's ASX Gems Critical Minerals livestream investor event tomorrow.

💡 Friday 8 May
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Neometals (ASX:NMT) Managing Director & CEO Chris Reed will present at The Stock Network's ASX Gems Critical Minerals livestream investor event tomorrow.

💡 Friday 8 May
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Axel REE (ASX:AXL) Non-Executive Chairman Paul Dickson will present at The Stock Network's ASX Gems Critical Minerals livestream investor event this week.

💡 Friday 8 May
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Western Mines Group Ltd (ASX: WMG) has secured a $250,000 co-funded grant under the WA Government’s Exploration Incentive Scheme, progressing an active seismic survey at its Mulga Tank Ni-Co-Cu-PGE Project and establishing a structured pathway to enhance targeting of large-scale nickel sulphide deposits.

⛏️ Government funding secured, with Western Mines Group awarded the maximum $250,000 under the Co-funded Geophysics Program 2026–2027, covering up to 50% of survey costs following a competitive application process.

🌏 Advanced geophysical survey planned, with the Company set to complete a circa 35km² active seismic survey across the Mulga Tank Ultramafic Complex, aimed at imaging the 3D architecture and emplacement within the Minigwal Greenstone Belt.

⚙️ Targeting high-value nickel sulphides, with the survey focused on mapping the basal contact and potential feeder systems to support discovery of Perseverance-style massive sulphide deposits, alongside integration with existing magnetic and gravity datasets.

Western Mines Group Chairman Rex Turkington commented:
 “Once again, congratulations and great work by Caedmon, Ben and the exploration team for another successful EIS application. We’ve waited three years for the regional EIS Geophysical Program to reach the Mulga Tank project area and we’re very pleased to receive the maximum $250,000 award towards a seismic survey. This survey will help unlock the 3D architecture of the Complex and combined with our other datasets will greatly aid our understanding and targeting of Perseverance-style basal massive sulphide accumulations.”
EQ Resources (ASX:EQR) Managing Director Craig Bradshaw will present at The Stock Network's ASX Gems Critical Minerals livestream investor event this week.

💡 Friday 8 May
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Last Update: 08-05-2026
Today's Date: 2026-05-09
Market Status: Closed
Last Update: 08-05-2026

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