EnergyPathways PLC (AIM:EPP) has been awarded a gas storage licence for its MESH project in the East Irish Sea, covering up to 60 salt caverns and potentially doubling Britain's gas storage capacity. The project, already nationally significant, combines gas storage, compressed air energy storage and hydrogen production, with a final investment decision targeted for 2028.
Coiled Therapeutics (AIM:COIL) says its lead cancer drug AO-252 achieved an 80% clinical benefit rate in early-stage trials, with no serious side effects reported. The company is now targeting expansion cohorts in ovarian and prostate cancer, with data expected in the second half and partnering talks to follow.
Zanaga Iron Ore Co Ltd (AIM:ZIOC, FRA:6ZA) has updated the economics of its Congo iron ore project, with Stage One NPV rising 31% to $2.54 billion and IRR improving to 22.5%. A final investment decision process is expected to kick off in early 2027.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) delivered record automotive production of 1.28 million units in the third quarter, up 122% on the previous quarter, as car makers race to meet the July 2026 European safety deadline. Royalty revenue in the quarter alone exceeded the entire first half of the financial year.
Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) has completed a fully operational testing environment for its Method C AI Oracle on a live mining rig. Preliminary performance results are expected to be shared with its ASIC manufacturing partner within weeks.
Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) has started drilling at the Crossroads Well in Oklahoma, with results expected within around 10 days. The company holds a 43% interest and says its share of costs is covered by existing cash.
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