Australia's Nanoveu rises on buying deep-tech firm Spinoff Robotics
15/05/2026 02:09
** Shares of Australia's Nanoveu NVU.AX rise as much as 33.33% to A$0.084, their biggest intraday pct gain since April 10, 2025 ** Stock has gained 15.8% so far this week, set for its best weekly gain since the week ended January 9, if trend holds ** The advanced nanotechnology firm acquires Spinoff Robotics, a Singapore-based deep-tech company, to expand drone capabilities ** Around 5.8 million shares change hands, nearly 3.4x 30-day average ** NVU stock down 13.1%, YTD (Reporting by Keshav Singh Chundawat in Bengaluru) ((Keshav.singhchundawat@thomsonreuters.com))