Norwood Systems, Cauldron Energy and 1414 Degrees Shares Rise on ASX

Norwood Systems shares rose 200 percent to 2.7 cents after the company announced a pilot agreement with a major UK telecommunications provider for its OpenSpan AI Services Orchestration Platform and CogVoice AI voice applications. The contract, valued at approximately £150,000, will test intelligent call routing, scheduling, automated provisioning and analytics on a cloud-native platform built on Microsoft Azure.

Energy shares increased 133 percent to 13.5 cents after large buy orders appeared during the week. The company also reported passive seismic survey results at its Yanrey uranium project in Western Australia that identified potential uranium-bearing palaeochannels near its existing 55.6-million-pound resource.

1414 Degrees 1414 Degrees shares climbed 260 percent to 14.5 cents as investors linked the company’s Aurora Energy Precinct near Port Augusta to potential demand from AI data-centre operators. The precinct can support up to 900 megawatts of renewable generation along with battery storage and data-centre infrastructure.