Light Science Technologies Holdings PLC

Sunda Energy PLC has raised £5.25 million to fund completion of its New Zealand acquisition, and is launching a retail offer for a further £525,000. Meridian Mining Plc reported a net present value of $2.09 billion for its Cabaçal project in Brazil, with its CEO saying the economics could make it the next major near-term gold-copper mine. Quantum Helium Ltd is targeting Q4 2026 for a larger fracture stimulation programme at Sagebrush-1 in Colorado, and is taking a 9% stake in Herencia Resources. Light Science Technologies Holdings PLC secured a repeat order from a healthcare devices customer, pushing that contract past £500,000, as it builds out higher-margin work in the defence and medical sectors. Foresight Solar Fund Ltd said it is considering all strategic options to lift a share price stuck below the value of its assets, with the board saying it needs to act decisively to close that gap, while hVIVO PLC appointed Caroline Shaw as an independent non-executive director, bringing more than 30 years of senior healthcare leadership to the board.

Light Science Technologies CEO Simon Deacon said the Injectaclad acquisition has helped drive the company's quoted pipeline to over £50 million, with more than £20 million tied to passive fire protection. Since the April deal, the company has secured orders and projects worth between £1.28 million and £1.66 million, with order volumes exceeding expectations and integration progressing well. Deacon noted that owning both the product and installation capability allows the company to engage with projects at the grassroots level, improving conversion of opportunities across a market where over 40,000 buildings require fire safety remediation. Beyond fire protection, the company has completed a Nottingham Trent University AgTech project, started another, and won over 14 new clients in its contract electronics business.

Tower Resources has raised £400,000 to bolster working capital while it waits on government approvals in Namibia and Cameroon, with both farm-out deals potentially completing as early as July. Buccaneer Energy reported an 18% rise in proved reserves in an independent review tied to its bank credit facility, with the borrowing base confirmed at $4.45 million and more growth expected as production ramps up. Light Science Technologies secured up to £1.66 million in orders for its passive fire protection division since April's RLUK Injection acquisition, becoming a vertically integrated business spanning installation and material supply. Eco Buildings Group has started building a second-generation AI-enabled manufacturing line in Albania, the first major use of its recent £2.35 million fundraise, with the new line expected to be operational by the fourth quarter. Fieldwork Robotics, backed by Frontier IP Group, picked up a £300,000 investment from SEED Innovations to roll out its soft fruit harvesting robots, with multi-robot fleets potentially on farms from 2027 if trials succeed. ImmuPharma flagged new research suggesting its lead drug candidate could help treat glioblastoma, an aggressive brain cancer, while its main focus remains autoimmune disease.