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The Markets
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The Markets
by Proactive
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Seeing Machines, Frontier IP, ImmuPharma, MP Evans, Ariana Resources, 88 Energy - Small Cap Snapshot

Seeing Machines, Frontier IP, ImmuPharma, MP Evans, Ariana Resources, 88 Energy - Small Cap Snapshot

Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) has won a new driver monitoring contract with a European carmaker worth around $5 million in lifetime revenue, just 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. Read more

Frontier IP Group PLC (LSE:FIPP, FRA:8WT) says portfolio company Cambridge Raman Imaging has secured a €400,000 European grant to scale up its AI-powered pharmaceutical quality control technology. The company has also appointed a China-based distributor with over 100 customers globally. Read more

ImmuPharma PLC (AIM:IMM, FRA:25I) has appointed Thermo Fisher Scientific to develop and manufacture the finished form of its experimental diabetes treatment Kapiglucagon. That completes the main manufacturing partnerships alongside Swiss group Bachem, which is handling the active ingredient. Read more

MP Evans Group PLC (AIM:MPE) grew crude palm oil production 11% to 192,300 tonnes in the first half, supported by higher harvests across its Indonesian estates. Pricing also held firm at around $873 per tonne. Read more

Ariana Resources PLC (AIM:AAU, ASX:AA2, FRA:4A6) 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. Gold recovery is tracking at around 70%. Read more

88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) has moved its Augusta-1 Alaska well closer to a first-quarter 2027 spud after securing a rig and camp. Prospective resources at South Prudhoe have also been upgraded by 35%. Read more

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