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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

Innovaero Technologies has listed on the ASX with the ticker code of INN. It is an aerospace and aircraft product business with two distinct divisions. The first division is an aerospace product development and commercialisation business focused on uncrewed aerial systems. Innovaero Technologies’ second division is a crewed aircraft product development, engineering, certification, composite manufacturing and Maintenance, Repair and Overhaul services business. Currently, the company’s primary product is the OWL-B, a one-way loitering munition system, which is being developed in collaboration with the Australian Department of Defence.
 
Media: The Stock Network, Lel Smits
Weebit Nano (ASX:WBT) CEO Coby Hanoch has presented at The Stock Network's ASX Gems Investment Conference: AI Spotlight.
Macmahon Holdings (ASX:MAH) agrees to acquire Aspect Engineering Solutions for a headline enterprise value of $75 million, expanding its engineering and minerals processing capabilities across the mining value chain.

⚙️ Engineering expansion: Aspect Engineering Solutions generated $75 million in revenue and posted a $15.2 million EBIT in its FY26; the acquisition has more than 295 employees and over 50 active clients.
💰 $75m acquisition: Macmahon will pay $30 million upfront, with $30 million in retention payments and potential earn-outs of $15 million to $30 million. The deal is expected to deliver approximately 6.2% underlying EPS accretion before synergies.
📈 Growth platform: Aspect Engineering Solutions had $66.6 million of contracted backlog and a $225.8 million unweighted pipeline as at 31 May 2026. Completion is expected in calendar 2026, subject to customary conditions.

“This strategic acquisition represents an important step in our drive to become a more comprehensive service provider across the mining value chain.” – Michael Finnegan, Macmahon Holdings Managing Director and CEO
Parbo Resources has listed on the ASX with the ticker code of PRB. It is a resource explorer that owns the Mount Padbury and Bryah Projects located near the town of Meekatharra, within the Mid-West region of Western Australia. The Mount Padbury Project, a gold-focused exploration asset, is located in the northern Murchison region of Western Australia, and consists of eight tenements. The Bryah Project, which is both a copper-gold and gold-focused exploration asset consists of 13 tenements. The proceeds from the IPO raise will help fund Parbo Resources’ plans to undertake a staged exploration programme at both these projects.

Media: The Stock Network, Lel Smits
DXN Limited (ASX:DXN) is positioning its prefabricated modular data-centre solutions to capitalise on the rapidly growing demand for AI and high-performance computing infrastructure. With its share price up more than 2000% in the last three months and AI HPC projects providing an early entry point, DXN Managing Director Shalini Lagrutta joins The Stock Network's Lel Smits to discuss how AI is reshaping data centres, why modular infrastructure is becoming increasingly important, and where DXN sees the biggest opportunities ahead.

🏢 AI is changing data centres
⚙️ The case for modular infrastructure
📈 The opportunity ahead
AI is moving from experimentation into everyday business, creating demand for technology that can capture knowledge, automate workflows and deliver measurable productivity. Decidr AI Industries is targeting this next phase through DecidrOS, Sugarwork and Rumi, with the Company now fully owning Decidr.ai, expanding its US presence and building a growing technology partner network. Decidr AI Industries Executive Chair and Co-CEO David Brudenell joins The Stock Network’s Lel Smits to discuss where enterprise AI is heading, how businesses are operationalising the technology and where the company is looking for growth.

🤖 AI moves into the workplace
🤝 The SCX.ai partnership
🚀 The opportunity ahead
Tolu Minerals (ASX:TOK) has increased the Mineral Resource Estimate (MRE)for its Tolukuma Gold Mine in Papua New Guinea by 81% to 909koz of gold. At the same time, the company is continuing with a major near-mine drilling campaign at Tolukuma ahead of its planned return to production in early 2027.

⛏️ 909koz gold resource: The updated Mineral Resource for the Tolukuma Gold Mine comprises 4.31Mt at 6.57g/t gold, containing 909koz of gold and 3.9Moz of silver at a 3g/t gold cut-off.
📈 Broader mineralised system: A rebuilt geological model recognises 44 mineralised veins and splays, compared with 15 previously. Only 10 of these are included in the current MRE, while the broader vein system extends for at least 8km of strike.
🚀 75,000m drilling campaign: Tolu Minerals is undertaking a 75,000m-plus near-mine drilling campaign across the Central Mine Zone and Northern and Southern Expansion Zones, and is targeting a return to production at Tolukuma in Q1 CY2027.

“This is a step change for Tolu. In only four months of full run-rate drilling we have grown the Tolukuma resource by 81% to 909,000 ounces of gold at 6.6 grams per tonne.” – Dr Chris Muller, Tolu Minerals Managing Director & CEO
Aussie fertiliser company making weapons 💣

Why is an Aussie fertiliser company suddenly making weapons for the US? Dyno Nobel just told investors that its joint venture has won a $581 million contract from the US Department of Defense. You might know Dyno Nobel as a fertiliser company. But they've split off that business and now focus on mining explosives, which use the same chemical. The US is partnering with Dyno Nobel because it wants to make its own explosives again. The joint venture is building the first new TNT plant there in over 40 years. Here's the catch. Dyno Nobel is targeting $800 million of earnings by 2031. Only $30 to $40 million of that is US defence and the rest is still mining. So the defence story is real - it's just small, and it's years away. The TSN take: Markets don't buy this year's earnings. They buy the story about the next ten.

#US #trump #defense #stocks #money

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Last Update: 22-09-2026
Today's Date: 2026-09-22
Market Status: Closed
Last Update: 22-09-2026

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