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Energy Technologies Limited (ASX:EGY)

ALERT: Price-sensitive ASX Announcement for EGY
Current share price for EGY : $0.025 0 (0%)+
Announcement
Release
30 Apr 2026 11:08AM
Price at Release
$0.025
Full Release
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Summary
Energy Technologies Limited (EGY) released its Quarterly Activities Report and Appendix 4C for the period ending 31st March 2026. During this quarter, EGY achieved significant milestones including the acquisition of Maradin Limited’s Laser Optical Engineering IP Portfolio through its subsidiary, Cogenic Pty Limited. This acquisition is expected to enhance EGY's presence in the Defense, Aerospace, and Lifestyle industries. The company reported cash receipts of $690k against cash outflows of $1.39m, reflecting ongoing restructuring efforts primarily through its subsidiary Bambach Wires and Cables Pty Ltd. EGY also appointed Doron Eldar as a non-executive director and incurred $64,010 in payments to related parties for director’s fees, salaries, and superannuation. The report highlights a net cash usage of $1.394 million in operating activities, with a total available funding of $8.938 million, suggesting sufficient capital to fund operations for approximately 6.41 quarters.
Key Points
  • Energy Technologies Limited (EGY) released its Quarterly Activities Report and Appendix 4C for the quarter ending 31st March 2026.
  • EGY acquired Maradin Limited’s Laser Optical Engineering IP Portfolio through its subsidiary Cogenic Pty Limited.
  • Cash receipts for the quarter were $690k, with cash outflows of $1.39m.
  • The company continues restructuring efforts through its subsidiary Bambach Wires and Cables Pty Ltd.
  • EGY appointed Doron Eldar as a non-executive director.
  • Total payments of $64,010 were made to related parties for director’s fees, salaries, and superannuation.
  • Net cash used in operating activities was $1.394 million for the quarter.
  • EGY has a total available funding of $8.938 million with estimated quarters of funding available being 6.41.
  • Cogenic Pty Limited is focused on the Defense, Aerospace, and Lifestyle industries using its new IP Portfolio.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.