88 Energy Ltd

Seeing Machines has won a new driver monitoring contract with a European carmaker worth around $5 million in lifetime revenue, as new EU safety rules make the technology mandatory on new vehicles. Production starts in 2028, with the system built into a rear-view mirror for easy deployment across multiple platforms. Frontier IP portfolio company Cambridge Raman Imaging has secured a €400,000 European grant to scale up its AI-powered pharmaceutical quality control technology and appointed a China-based distributor with over 100 customers globally. ImmuPharma has appointed Thermo Fisher Scientific to develop and manufacture the finished form of its experimental diabetes treatment Kapiglucagon, completing the main manufacturing partnerships alongside Swiss group Bachem, which is handling the active ingredient. MP Evans grew crude palm oil production 11% to 192,300 tonnes in the first half, supported by higher harvests across its Indonesian estates, with pricing holding firm at around $873 per tonne. Ariana Resources says its Tavşan gold mine in Türkiye has completed its ramp-up and is now processing ore at the required rate of at least 4,000 tonnes a day, with gold recovery tracking at around 70%. 88 Energy has moved its Augusta-1 Alaska well closer to a first-quarter 2027 spud after securing a rig and camp, and prospective resources at South Prudhoe have been upgraded by 35%.