Australia's Energy Technologies set to soar most in 8 years on smart-glass deal

Energy Technologies

21/10/2026 04:09

** Energy Technologies EGY.AX shares surge as much as 315% to A$0.083, hitting highest level since February 15, 2022
** Stock logs largest intraday pct gain since November 2018
** Australian energy technology firm says its unit Cogenic signs commercial framework agreement with Israel-based communications technology firm SYNCH
** Co says SYNCH may place purchase orders with an aggregate value of up to $10 million under current framework
** Deal involves Cogenic delivering 10 field-operational smart-glasses units for a proof-of-concept program
** More than 16.7 million shares change hands, 111 times the 30-day average volume
** Stock up 128.6% YTD, including the day's moves

 (Reporting by Swetha Lakshmi in Bengaluru)
 ((Swetha.Lakshmi@thomsonreuters.com;))