Business · Markets · 4 hrs ago

Three ASX tech firms pursue markets beyond their original focus

Three ASX tech firms pursue markets beyond their original focus

Three Australian-listed technology companies are seeking new markets for technologies they first developed for other uses.

1414 Degrees, which focused on storing heat for industrial users, has licensed a separate silicon nanoparticle technology designed to help lithium-ion batteries store more energy.

In 2026, it agreed to test that technology with Ukrainian defence manufacturer Energia 2000 and space company Orbit Boy, and set up an aerospace and defence division.

AML3D has deployed a metal 3D printer with the Tennessee Valley Authority in the US to help repair and maintain power-generation equipment, expanding beyond its defence work.

Vection Technologies, known for virtual and augmented reality, received a $2.2 million order in February 2026 for a military data system used in AI applications; the order was part of a larger $22.3 million defence agreement.

These moves could give the companies access to more customers and new ways to earn money, but a change of direction does not guarantee success.

1414 Degrees says it is pursuing aerospace and defence opportunities, while AML3D has said it is looking beyond defence; the material provided gives no further next steps for Vection.

Sources

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