However, some investors may choose to allocate some portion of their portfolio to these kinds of equities. 

If you are looking to monitor small caps, these two recently received updated guidance from brokers.

Here's what the experts are predicting. 

Aroa Biosurgery Ltd (ASX: ARX)

Aroa Biosurgery is a New Zealand-based biomedical company specialising in soft tissue regeneration. It develops, manufactures, and distributes medical and surgical products to improve the healing of complex wounds and soft tissue reconstruction.

The team at Morgans has provided updated guidance on the company following its FY26 preliminary results.

The broker highlighted that the company upgraded FY26 revenue and EBITDA guidance. 

We have revised our forecasts in line with guidance and increased our risk free rate (house view) which results in a small downgrade to our DCF valuation to A$0.77 (was $0.79). ARX will release its FY26 results on 26 May which will include FY27 guidance. The market will focus on revenue growth (MorgansF sit at 15%) and commentary around the continuing momentum with Myriad and SymphonyTM. We maintain our BUY recommendation with investor sentiment towards the name improving.

This price target from Morgans indicates an upside potential of 20%. 

Titomic Ltd (ASX: TTT)

Another ASX small cap drawing positive outlooks is Titomic. 

It's TKF technology provides the capabilities to produce commercially viable additively manufactured metal products that compete directly with traditional manufacturing methods. The company serves the aerospace, defence, sporting goods, medical, automotive, industrial equipment, construction, and marine sectors.

It recently received a reiterated buy recommendation from Bell Potter following its quarterly activities report.

The broker was impressed that during the March 2026 quarter, the company progressed on a number of process qualifications, commercial, and leadership fronts.

Looking ahead, TTT is engaged with several tier one aerospace and defence prime contractors for qualification ahead of the potential for initial production agreements. Applications include engine components, pressure vessel, heat-shielding for hypersonics and maintenance work.

Bell Potter is optimistic on this ASX small cap thanks to its competitive advantage. 

TTT's TKFtechnology has several advantages over traditional casting and forging manufacturing process including shorter lead-times and production cycles and improved material properties.

The broker currently has a 50-cent price target on this ASX small cap, indicating an upside potential of more than 80% from the current share price, which is hovering around 27 cents per share.

The post Are these ASX small caps too cheap to ignore? appeared first on The Motley Fool Australia.

The uptick isn't too surprising, given that the counter-drone technology company is one of many ASX defence stocks in the spotlight right now. 

Tensions in the Middle East have seen heavy government defence spending as many nations around the world realise that global volatility could well continue, or even escalate further.

At the time of writing, DroneShield shares are up 0.7% to $3.64 a piece. The shares are now up nearly 10% year to date and are 172% higher than this time 12 months ago.

While DroneShield presents a great success story, it hasn't been a smooth ride. After soaring to an all-time high of $6.60 in October last year, DroneShield shares have swung anywhere between $1.16 to $4.74 a piece. 

Analysts still tip more upside, around 22%, to an average target price of $4.40 at the time of writing.

The upside is impressive, but there are a few other ASX defence stocks I'd rather buy instead.

Electro Optic Systems Holdings Ltd (ASX: EOS)

EOS shares are up 1.13% at the time of writing, to $9.81 each. It's a 1.5% decline for the year-to-date, but an enormous 691% higher than a year ago.

The Aussie defence company develops and produces advanced electro-optic technologies, so it has benefited from surging demand for exposure to the defence sector in 2026. 

The company has won several major contracts over the past few months, helping build investor confidence, keeping the share price hovering around an all-time high. 

Analysts are very bullish on the EOS share price, expecting further upside. All four analysts on TradingView data have a strong buy consensus. 

The maximum target price is $16, which implies a potential 63% upside at the time of writing. Even the average $12.79 target price represents a potential upside of 31% from here.

Titomic Ltd (ASX: TTT)

I also like the look of the lesser-known defence stock, Titomic. The company is a high-tech manufacturing company that uses advanced technology to print 3D metal parts on an industrial scale. 

These are mainly used in defence, aerospace, mining, and oil & gas to produce things like satellite structures, hypersonic shielding, drone parts, and large structural components.

The company posted its latest quarterly update in January, revealing global expansion plans, new defence contracts, and strong cash reserves. 

Titomic also recently announced plans to relocate its corporate headquarters to the US as part of its strategy to grow its defence and aerospace business. 

It looks like there is plenty of growth ahead for the ASX defence stock. At the time of writing, Titomic shares are down 3.45% to 28 cents per share. But the shares are still up 14% for the year-to-date and 19% over the year.

Analysts tip a 75% upside to 50 cents per share over the next 12 months.

Austal Ltd (ASX: ASB)

Austal is an Australian-based global shipbuilding company. The company designs and constructs naval vessels, defence surface warfare combatants, high-speed support vessels, law enforcement patrol boats, offshore vessels, and even passenger and vehicle ferries. 

The company has secured some big contract wins recently, including a $4 billion contract with the Australian Government in February. 

Austal also posted its first-half FY26 results in the same month, revealing a 34.4% year-on-year increase in revenue. Its EBIT also climbed 41.3%, and net profit climbed 21.4%.

Analysts are bullish that the shipbuilding company can keep growing this year. TradingView data shows that three out of six analysts have a strong buy rating on the defence stock. Another two have a hold rating. 

The average target price of $6.69 implies a potential 55% upside at the time of writing. Although some think the shares could jump up to 79% higher to $7.71 each.

The post Forget DroneShield shares, I'd buy these ASX defence stocks instead appeared first on The Motley Fool Australia.

Investors are scrambling to get in on the action, too. 

ASX defence stock superstars like Droneshield Ltd (ASX: DRO) and Electro Optic Systems Holdings Ltd (ASX: EOS) have seen their share prices skyrocket over the past 12 months.

Droneshield shares have jumped 293.2% over the past year alone. The counter drone technology company was one of the fastest-growing stocks on the planet last year. 

Meanwhile, EOS has secured several major contract wins recently, and its shares have risen 728% over the same 12-month period. 

The returns are impressive, and investor and analyst sentiment suggest the share prices of these ASX defence stocks could keep climbing higher this year.

But there are some other lesser-known ASX defence shares which could also experience a boom in value this year.

Titomic Ltd (ASX: TTT)

Titomic specialises in metal additive manufacturing (cold spray technology), which has applications in defence (and other markets). The company manufactures, repairs, and upgrades military equipment using advanced materials such as titanium. This can be done while the equipment is active in the field.

The company's quarterly update, posted in late January, revealed global expansion plans, new defence contracts, and strong cash reserves of $35.8 million as of 31st December 2025.

Titomic also recently announced plans to relocate its corporate headquarters to the US as part of its strategy to grow its defence and aerospace business. 

At the time of writing, the Titomic share price is up 2.27% to 22 cents. Over the past month, the shares have climbed 7.14%, but they're still 13.46% lower over the year.

Just yesterday, Bell Potter confirmed its speculative buy rating and 50 cents price target on the ASX defence stock. That implies a 122.22% upside at the time of writing. The broker said it thinks 2027 could be the year that Titomic's production really starts to kick off. 

Austal Ltd (ASX: ASB)

Austal is an Australian-based global shipbuilding company specialising in the design, construction, and support of defence and commercial vessels.

These include naval vessels, defence surface warfare combatants, and law enforcement patrol boats.

The company also installs and maintains vessel command and control systems, communication and radar technology, and information management systems.

At the time of writing, Austal shares are down 1.25% for the day to $4.75 each. Over the past month, the shares have fallen 18.49%, but they're still 24.98% higher than this time 12 months ago.

The company recently cut its earnings guidance for FY26, citing an accounting issue. The news spooked investors and triggered a sell-off.

Most analysts continue to hold a bullish stance on the ASX defence stock. Data shows three out of six analysts have a strong buy rating, two have a hold rating, and one has a strong sell rating.

The average target price is $6.70, which implies a potential 40.96% upside over the next 12 months, at the time of writing. Although some think the shares could jump 61.97% to $7.71 each.

The post These 2 lesser-known ASX defence stocks are tipped to soar appeared first on The Motley Fool Australia.

This is especially the case given that the broker believes it could more than double in value over the next 12 months.

Which ASX defence stock?

The stock that Bell Potter is recommending to clients is Titomic Ltd (ASX: TTT).

It is a cold spray metal coating technology company specialising in additive manufacturing and coating and repairs.

Bell Potter highlights that cold spray uses compressed gas to accelerate metal powders to supersonic speeds. This enables kinetic energy to fuse/plastically deform the particles onto a substrate in solid form.

In addition, the company's high pressure systems can accept speciality alloy powders and manufacture large high-spec components. This means that key target markets are the global aerospace and defence sectors, and the natural resources and energy sectors.

What is the broker saying?

Bell Potter was at the ASX defence stock's investor day in the US recently and was impressed with what it saw. It said:

The event highlighted TTT's unique additive manufacturing and coating and repairs capabilities, and leverage to US and global defence spending. From the Strategic Advisory Group, it was clear that US aerospace and defence activity is at an inflection point as the country develops hypersonic systems, addresses supply chain vulnerabilities, and updates an ageing installed asset base. TTT is enjoying the tailwinds of a significant culture-change and increased sense of urgency across the US Department of War and broader Washington bureaucratic system.

The broker also notes that 2027 could be the year that production really starts to kick off. It explains:

Last year, TTT established US-based capabilities for technical validation and to service defence prime qualification activities in 2026. TTT is now engaged with NASA and several tier one defence prime contractors for qualification and is progressing other critical industry certifications (AS9100, DNV maritime approval). By the end of 2026, TTT expect to convert from qualification phase to initial production, which should rapidly scale from 2027. The company also expects that non-dilutionary funding opportunities will crystalise this year.

Big potential returns

According to the note, Bell Potter has retained its speculative buy rating and 50 cents price target on the ASX defence stock.

Based on its current share price of 21.5 cents, this implies potential upside of 130% for investors over the next 12 months.

Commenting on its recommendation, the broker said:

TTT provides leverage to the emerging application of its cold spray technology in Additive Manufacturing (AM) for defence, aerospace and natural resources markets. US defence spending as a percentage of GDP is growing off a cyclical low and is largely being driven by modernisation of its defence industrial base. TTT's TKF technology has several advantages over traditional casting and forging manufacturing process including shorter lead-times and production cycles and improved material properties.

The post Bell Potter says this ASX defence stock could rocket 130% appeared first on The Motley Fool Australia.

Three ASX small-cap stocks just received updated guidance from the team at Bell Potter. 

Here is what the broker is tipping for these ASX small-cap companies. 

Titomic Ltd (ASX: TTT)

Titomic provides metal manufacturing as a service, offering end-to-end production, repair, and materials engineering through its proprietary Titomic Kinetic Fusion cold spray technology.

In a report out of Bell Potter yesterday, the broker said the recent financial results reflect expansion & qualification work. 

The broker also is optimistic about the year ahead. 

TTT provides leverage to the emerging application of its cold spray technology in Additive Manufacturing (AM) for defence, aerospace and natural resources markets. US defence spending as a percentage of GDP is growing off a cyclical low and is largely being driven by modernisation of its defence industrial base. TTT's TKF technology has several advantages over traditional casting and forging manufacturing process including shorter lead-times and production cycles and improved material properties.

The broker has a speculative buy recommendation on this stock offering an entry into the defence sector.

Its price target of $0.50 indicates 117.4% upside from yesterday's closing price. 

6K Additive Inc (ASX: 6KA)

6KA is a US-based manufacturer, upcycling metal scrap into premium metal powders and alloying additives.

The ASX small-cap stock is tipped to grow considerably this year according to guidance from Bell Potter. 

The broker has a speculative buy recommendation and $1.45 price target on the company. 

That indicates 73.7% upside.

In a report out of the broker yesterday, it said it is primed for US expansion. 

6KA has a competitive advantage in the production of high-value metal powders for the fast-growing global Additive Manufacturing sector. The company's UniMelt® systems are energy efficient, high yield and accept recycled metal feedstock. 6KA is supporting US-based reshoring of critical metal supply.

Infotrust Ltd (ASX: ITS)

Infotrust is a leading provider of cyber security solutions and secure managed technology services to both small and medium businesses and enterprise customers in Australia.

In a recent report, Bell Potter said the 1HFY26 result was below expectations. 

1HFY26 underlying EBITDA (uEBITDA) was down 38% to $0.4m and only reflected the continuing operations of Cyber Security and Secure Managed Technology following the announced sale of the Cloud & Communications business (Nexgen).

The result was therefore incomparable to our forecasts though we had forecast improved underlying results for each of Cyber Security and Secure Managed Technology so the overall result was below our expectations.

Despite this, Bell Potter has maintained a buy recommendation on this ASX small-cap stock. 

It lowered its price target to $0.60, which still indicates 36.4% upside from current levels. 

The post What is Bell Potter's view on these ASX small-cap stocks? appeared first on The Motley Fool Australia.

That's because Bell Potter believes it could rise more than 100% from current levels over the next 12 months.

Which ASX defence stock?

The stock that Bell Potter is urging investors to buy is Titomic Ltd (ASX: TTT).

It is a $340 million cold spray technology company. It applies this technology in additive manufacturing and coating and repairs.

Bell Potter highlights that cold spray uses compressed gas to accelerate metal powders to supersonic speeds, enabling kinetic energy to fuse/plastically deform the particles onto a substrate in solid form. The company's high pressure systems can accept speciality alloy powders and manufacture large high-spec components.

The broker was pleased to see that the ASX stock has signed a contract with a leading US defence prime contractor. It said:

TTT has announced an Early Manufacturing Development (EMD) contract with a leading US defence prime contractor, valued at US$1.7m and expected to be completed by mid-2026. TTT will manufacture "next generation" defence sector components at its Huntsville Alabama facility. The contract leverages TTT's propriety Titomic Kinetic Fusion cold spray additive manufacturing capabilities.

The broker feels that while it is early days, the successful delivery of this contract could bring about further contracts. It explains:

While it is a relatively early stage proof of concept agreement, successful delivery could lead to qualification and low-rate initial production contracts. The "next generation" designation for "defence modernization initiatives" implies a high-end technology application. TTT has previously outlined defence markets to include hypersonic systems, satellites, munitions and launchers as key segments of the addressable market; hypersonics and satellites being the most advanced applications.

Big potential returns

According to the note, Bell Potter has retained its speculative buy rating and 50 cents price target on the ASX defence stock.

Based on its current share price of 23 cents, this implies potential upside of almost 120% for investors over the next 12 months.

Commenting on its speculative buy recommendation, Bell Potter concludes:

TTT provides leverage to the emerging application of its cold spray technology in AM for defence, aerospace and natural resources markets. US defence spending as a percentage of GDP is at a cyclical low and is expected to lift over the coming decade. NATO members have recently announced increased spending commitments. We expect news flow relating to TTT's participation in US defence programs, new commercial agreements and non-dilutive government-backed funding. We have made no changes to our earnings outlook or valuation in this report.

The post Guess which ASX defence stock could rocket 100%+ appeared first on The Motley Fool Australia.

This was thrown into sharp relief earlier this year when rare earths became a political hot button topic, with China tightening export controls on more of its own resources, sending the share prices of Australian producers and would-be producers higher.

In a recent research note to clients, Bell Potter has taken a tighter focus in terms of the strategic minerals companies it is forecasting will do well.

But as they said in their note, "geopolitical volatility and trade tensions are positive for strategic mineral and processing technology equities''.

They went on to say:

Western governments are increasingly seeking to reshore supply chains and manufacturing capabilities, particularly in high-technology and aerospace/ defence sectors. US defence spending as a percentage of GDP is at a cyclical low and is expected to lift over the coming decade. NATO members have recently announced increased spending commitments.

In terms of stocks they are recommending, they have focused in on high-tech production processes which could differentiate the companies.

Here are their picks:

Alpha HPA Ltd (ASX: A4N)

Bell Potter says this company's proprietary process "produces ultra-high purity aluminium compounds with applications in technology growth sectors including semiconductors, lithium-ion batteries, LED displays/lighting, and direct lithium extraction''.

The analysts say the process is disruptive in terms of its low production costs, "ultra-high" product purity, and low emissions. Australian chemicals group Orica Ltd (ASX: ORI) is also a shareholder.

The broker has a speculative buy rating on the stock and a price target of $2 compared with 71 cents at the moment.

IperionX Ltd (ASX: IPX)

Bell Potter says IperionX "has the potential to disrupt the incumbent titanium supply chain through materially lowering production costs and manufacturing waste".  

The analysts say the company started producing titanium on a large scale this year at its Virginia US site, and will now scale that up, "and progress commercial relationships with aerospace, automotive, luxury goods and government end users''.

As they said:

Titanium is a highly strategic metal given its applications across the defence and aerospace sectors, with around 95% of current US supply met through imports, predominantly from Japan. Russia and China account for more than 70% of global titanium supply.

Bell Potter has a speculative buy recommendation on the stock and a price target of $9.25 compared with $5.01 currently.

Titomic Ltd (ASX: TTT)

Three-D printing company Titomic has applications in the defence, aerospace, and natural resources markets Bell Potter says, with its technology bringing "unique manufacturing capabilities around material selection and component properties".

We expect news flow relating to Titomic's participation in US defence programs, new commercial agreements and non dilutive government-backed funding.

Bell Potter has a speculative buy recommendation on the stock and a 50 cent price target compared with 22 cents currently.

The post Looking for 100% gains? These strategic minerals companies might be worth a look, Bell Potter says appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:

AUB Group Ltd (ASX: AUB)

The AUB Group share price is up almost 2.5% to $31.35. Investors have been buying this insurance broker's shares after a sharp pullback on Monday following the collapse of takeover talks. This morning, Ord Minnett put a buy rating and $35.71 price target on the company's shares. It feels its shares offer a favourable risk/reward at current levels.

Titomic Ltd (ASX: TTT)

The Titomic share price is up 15% to 23 cents. This follows the release of an announcement from the cold spray additive manufacturing company this morning. Titomic revealed that it has successfully completed a hot fire test on a solid rocket motor thrust chamber produced for a major U.S. aerospace and defence customer. Titomic's CEO, Jim Simpson, said: "This successful test validates the strength and performance of Titomic's technology in one of the most challenging environments imaginable. It represents not only a technical achievement but further affirms cold spray as a critical additive manufacturing capability for advanced aerospace and defense solutions. Titomic delivered the components to its customer within weeks of receiving the order, demonstrating our ability to rapidly deliver – from prototype to production – critical missile components which today has significant lead times.

Treasury Wine Estates Ltd (ASX: TWE)

The Treasury Wine share price is up 2% to $5.90. This morning, Morgan Stanley responded to the wine company's US update by retaining its equal weight rating and $6.45 price target. This implies potential upside of 12% from current levels. Elsewhere, Morgans has put a hold rating and $6.10 price target on its shares.

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is up over 1% to $25.46. This has been driven by a decent rise in oil prices overnight amid supply concerns following an attack on a Black Sea terminal. The WTI crude oil price was up 1.35% to US$59.33 a barrel and the Brent crude oil price was up 1.3% to US$63.20 a barrel. It isn't just Woodside that is rising today on the news. The S&P/ASX 200 Energy index is up almost 1.5% at the time of writing.

The post Why AUB, Titomic, Treasury Wine, and Woodside shares are rising today appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are ending the week with a bang:

Cedar Woods Properties Ltd (ASX: CWP)

The Cedar Woods share price is up 5.5% to $8.94. This may have been driven by the release of a bullish broker note out of Bell Potter. According to the note, the broker has retained its buy rating on the property developer's shares with an improved price target of $9.70. It said: "Our bottom-up analysis of key projects, record presales ($763m) and commentary around accelerating momentum (sales velocity and price growth), combined with this early Q1 upgrade from a typically conservative management team suggests to us that there is further upside potential for FY26 (BPe now +17% NPAT growth) and FY27."

Newmont Corporation (ASX: NEM)

The Newmont Corporation share price is up over 4% to $126.28. Investors have been buying this gold miner's shares following a rebound in the gold price overnight. It isn't just Newmont shares that are rising today. Most ASX gold shares are climbing along with it. This has seen the S&P/ASX All Ords Gold index storm 3.9% higher today.

ResMed Inc (ASX: RMD)

The ResMed share price is up almost 2% to $39.55. This follows the release of the sleep disorder treatment company's quarterly update this morning. ResMed posted a 9% increase in revenue to US$1.3 billion and an 11% jump in net income to US$349 million. ResMed's chair and CEO, Mick Farrell, said: "We delivered 9% headline revenue growth year-over-year, with a very strong 280 basis points of non-GAAP gross margin expansion, resulting in double-digit bottom-line performance: 16% non-GAAP EPS growth. These results reinforce the success of our strategy to transform healthcare in the home with hardware, software and solutions that people love."

Titomic Ltd (ASX: TTT)

The Titomic share price is up 8% to 27 cents. This morning, this kinetic fusion cold spray technology company released its quarterly update. It reported customer receipts of $1.3 million but an operating cash outflow of $7.3 million. However, thanks to a share placement during the period, it ended with a cash balance of $46.8 million. Management expects its revenue to continue to grow quarter on quarter and is aiming to be cash flow break-even in 2027.

The post Why Cedar Woods, Newmont, ResMed, and Titomic shares are pushing higher today appeared first on The Motley Fool Australia.

ASX defence stocks storm higher

Over the past month alone, DroneShield Ltd (ASX: DRO) shares have jumped 76.99% to $5.77 per share, at the time of writing. For the year, the counter-drone technology company's share price is 394.83% higher.

Although DroneShield's success story is in a league of its own, many other ASX-listed defence stocks have seen their share price storm higher this year.

Electro Optic Systems Hldgs Ltd (ASX: EOS) has been another strong performer this year. While the share price has fallen 4.33% to $7.00 a piece over the past month, the decline has barely dented its 335.4% hike over the past 12 months. 

Meanwhile, the Titomic Ltd (ASX: TTT) share price has climbed 12.96% over the past month and is now 117.86% higher for the year. At the time of writing, the Titomic share price is 30 cents per share.

Australian-based global shipbuilding company Austal Ltd (ASX: ASB) has seen its share price drop 12.47% to $7.03 a piece over the past four weeks, at the time of writing. Over the year, it is still 130.49% higher. 

The Vaneck Global Defence ETF (ASX: DFND) share price has climbed 5.91% over the past month. It is now 82.52% higher than this time last year. At the time of writing, it is trading at $39.06 per share. 

At the time of writing, the Betashares Global Defence ETF (ASX: ARMR) is $26.07 a piece, up 1.47% over the month and 67.44% over the year.

It's clear that shares in the sector are gaining significant traction, but the real question is: why the sudden surge in popularity?

Why are these stocks gaining momentum?

There are a few reasons, but the key one is the ongoing geopolitical uncertainty. Heightened global tensions and increasing risk are mostly related to trade relationships.

For example, US President Trump's trade tariffs are set to cause global trade tensions and disrupt supply and demand chains around the world. Elsewhere, China is the largest direct geopolitical risk for Australia. This is because it is both our largest trading partner and our largest competitor. Australia is also at risk of being dragged into tensions in the Indo-Pacific region. Any disruption would affect trade routes and even defence assets.

In turn, these geopolitical risks push governments to spend more on their defence sector. This includes development of technology such as drones, AI or electronic warfare. It also includes equipment such as missiles or submarines. 

Earlier this year, the Australian Government announced it would invest an additional $50.3 billion into the Australian Defence Force. 

It's a significant allocation of Government funds, and it is likely to create a reliable and long-term revenue for companies in the defence sector. And of course, a reliable income is beneficial for investors.

Can we expect ASX defence shares to keep climbing?

Analysts think so.

Earlier this month, Bell Potter listed Droneshield shares as one of its best buys. The broker commented that the ASX stock is in a strong position in a booming industry. 

The broker has also recently updated its price guidance on EOS shares to $11.20, which represents a potential 60% upside for investors at the time of writing. Bell Potter also sees a potential 66.7% upside for Titomic shares over the next 12 months, to 50 cents per share.

Meanwhile, Macquarie has a $7.95 target price and a neutral rating on Austal shares, which represents a potential 13.1% upside over the next 12 months, as of the time of writing.

The DFND and ARMR ETFs were also recently highlighted by fellow Fool writer Leigh Gant as top defence ETF options for investors.

Both ETFs are designed to focus exclusively on companies headquartered in NATO or allied nations. This means investors can get access to businesses in the core global defence supply chain. 

This includes traditional hardware, like fighter jets, submarines, and missile systems, as well as advanced software, space technologies, and next-generation intelligence platforms.

The post Why are ASX defence stocks so hot right now? appeared first on The Motley Fool Australia.

The shift in sentiment has attracted a lot of investors to the sector too, with some stocks seeing impressive share price surges.

And it's not too late to jump on board.

Here's a rundown of the best ASX defence stocks to buy right now.

Droneshield Ltd (ASX: DRO)

Droneshield shares have attracted a lot of attention recently. The company announced plans this week to build a new $13 million counter-drone research and development facility in South Australia, doubling its employee numbers to 400.

In September, the counter-drone technology company joined the ASX 200 Index and also released a sales update. 

Droneshield has surpassed 4,000 systems sold worldwide with the receipt of a package of two standalone contracts totalling $7.9 million for handheld systems for delivery to the U.S. Department of Defense.

At the time of writing on Wednesday morning, Droneshield shares are 2.97% lower and changing hands for $5.88 a piece. Droneshield's share price has jumped 84.6% over the past month and is now a huge 337.8% higher over the past year.

Earlier this month, Bell Potter listed Droneshield shares as one of its best buys, commenting that the ASX stock is in a strong position in a booming industry. 

Electro Optic Systems Hldgs Ltd (ASX: EOS)

EOS has been another strong performer this year thanks to strong revenue growth and tailwinds in the defence sector.

The company has seen some big contract wins too. Most recently, it announced a new contract win worth $108 million for its remote weapon system, which means there could easily be much more upside for the stock to come.

At the time of writing, EOS shares are trading 6.75% lower at $8.01 a piece. For the year, the share price is an enormous 399.07% higher.

Yesterday, Bell Potter updated its price guidance on the shares. The broker confirmed its buy rating on the ASX tech stock and raised its price target to $11.20 (up from $11.00 previously). That represents a potential 39.8% upside for investors over the next 12 months.

Titomic Ltd (ASX: TTT)

Titomic is another great defence stock buy. The company specialises in metal additive manufacturing (cold spray technology), which has applications in defence (and other markets). 

There has been no major news out of the company recently, but it announced a strong 37% increase in revenue for FY25 in August. 

At the time of writing, the Titomic share price is down 2.99% to 32.5 cents. For the year, the share price has surged 170.83%.

Bell Potter is optimistic that the share price will keep rising, too. In July, the broker placed a speculative buy rating and 50-cent price target on Titomic shares. That represents a potential 53.85% upside for investors over the next 12 months.

The post Up to 400% higher and set to keep going. What are the best ASX defence stocks to buy right now? appeared first on The Motley Fool Australia.

That was slightly weaker than the benchmark S&P/ASX 200 Index (ASX: XJO) but still an impressive result.

The ASX 200 increased by 9.97% and provided total returns of 13.81%, according to S&P Global data.

The ASX All Ords represents the 500 largest listed companies in Australia by market capitalisation.

Among them, eight companies saw their share prices triple over the financial year.

Let's check them out.

The 8 triple-baggers of the ASX All Ords in FY25

For a stock to triple its value, it needs more than 200% share price growth. These eight ASX All Ords shares achieved just that.

1. Larvotto Resources Ltd (ASX: LRV)

ASX All Ords gold and antimony mining share Larvotto shot the lights out in FY25 with a stunning 479% share price growth.

The stock finished the year at 69.5 cents apiece.

Larvotto says its Hillgrove gold and antimony project in NSW is Australia's largest antimony deposit and the eighth largest in the world.

Antimony is a critical metal used in the production of military applications and solar panels.

2. Catalyst Metals Ltd (ASX: CYL)

Shares of ASX All Ords gold explorer Catalyst Metals rose by an astounding 362% to close at $5.22 apiece on 30 June.

Catalyst benefited from strong growth in the gold price, with the commodity rising to a record US$3,500.05 per ounce on 22 April.

3. Meeka Metals Ltd (ASX: MEK)

Another ASX All Ords gold share, Meeka Metals, leapt 333% to close out the year at 14.5 cents per share.

Meeka Metals is a junior gold and rare earths exploration company with a portfolio of projects across Western Australia.

4. Titomic Ltd (ASX: TTT)

Titomic is benefiting from the rising global defence investment theme, with its shares lifting 311% to 30 cents in FY25.

The company offers industrial-scale metal additive manufacturing solutions using its patented kinetic fusion cold spray technology.

The cold spray is used in the development and production of products for the aerospace, defence, and shipbuilding industries.

5. Elsight Ltd (ASX: ELS)

This ASX All Ords tech stock lifted 290% to close at $1.775 on 30 June.

Elsight develops communications technology for unmanned, autonomous systems used in defence, public safety, and commercial sectors.

6. Canyon Resources Ltd (ASX: CAY)

This ASX All Ords materials share rose 236% to close at 24.5 cents on 30 June.

Canyon Resources is a mineral exploration company specialising in high-grade bauxite resources for the global aluminium market.

7. Orthocell Ltd (ASX: OCC)

ASX All Ords healthcare share, Orthocell, rose by 231% to $1.175 on 30 June.

Orthocell is a regenerative biotech that develops therapies to repair soft tissue injuries and regenerate nerve and tendon tissue.

8. Catapult Group International Ltd (ASX: CAT)

This ASX All Ords tech share soared 210% to close at $5.86 per share on 30 June.

Catapult is a global sports data and analytics company.

It provides professional sporting teams with detailed real-time data to optimise athletes' performances. 

The post 8 ASX All Ords shares that tripled in value in FY25 appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Dimerix Ltd (ASX: DXB)

The Dimerix share price is up 3.5% to 57 cents. Investors have been buying this biopharmaceutical company's shares following the release of its quarterly update. Dimerix achieved cash receipts of $51 million for the quarter. This was driven by the signing of a license agreement for DMX-200 with Amicus Therapeutics in the United States. Looking ahead, management reminded investors that the agreement could see Dimerix receive up to US$590 million (~AU$940 million) in upfront, development, and sales milestone payments, plus royalties.

Newmont Corporation (ASX: NEM)

The Newmont share price is up over 3% to $94.98. This follows the release of the gold mining giant's second quarter update. Newmont posted net income of US$2.1 billion for the three months. Management notes that this means the company is on track to achieve its guidance for FY 2025. CEO Tom Palmer said: "Newmont delivered a strong second quarter, producing approximately 1.5 million attributable gold ounces and generating an all time record quarterly free cash flow of $1.7 billion, underscoring the strength of our world-class portfolio and the disciplined execution of the commitments we shared at the beginning of the year. We remain firmly on track to achieve our 2025 guidance as we continue to strengthen our safety culture, stabilize our operations and deliver long term value to shareholders."

Regal Partners Ltd (ASX: RPL)

The Regal Partners share price is up almost 4% to $2.76. This has been driven by the release of the fund manager's latest funds under management (FUM) update. For the three months ended 30 June, Regal Partners reported a 7% increase in FUM to $17.7 billion. Management notes that the increase in FUM was driven by a combination of continued net client inflows and positive investment performance across a wide range of investment strategies.

Titomic Ltd (ASX: TTT)

The Titomic share price is up 6.5% to 27.7 cents. This morning, the manufacturing company revealed that it has raised $50 million via a non-underwritten placement to new and existing institutional and sophisticated investors. These funds were raised a 25 cents per share, which represents a modest 3.8% discount to its last close price. Titomic's CEO, Jim Simpson, said: "We look forward to using the proceeds raised to accelerate Titomic's expansion, enabling the Company to sustain its momentum across key growth initiatives while reinforcing its global footprint."

The post Why Dimerix, Newmont, Regal Partners, and Titomic shares are storming higher appeared first on The Motley Fool Australia.

That's because the team at Bell Potter sees potential for it to deliver huge returns for investors over the next 12 months.

Which speculative ASX stock?

The stock that Bell Potter is tipping as a high risk buy to clients is Titomic Ltd (ASX: TTT).

It owns a proprietary cold spray technology which has applications in metal coating and repairs, and additive manufacturing (AM).

Bell Potter highlights that the ASX stock has developed portable low- to medium-pressure systems which apply metal coatings for equipment repairs and corrosion prevention. Its high-pressure systems are now being applied to AM of specialty alloy components, with a focus on defence and aerospace markets.

Commenting on its market opportunity, Bell Potter said:

The defence, aerospace and natural resources sectors are key markets for TTT's technology. TTT has several qualification processes and commercial engagements underway with major defence sector prime contractors (Boeing, Northrop Grumman) aiming to apply the technology to AM in aerospace and military settings. The technology brings the typical AM advantages (speed to market, reduced waste) and is particularly suited for large, hollow components when compared with other 3D printing methodologies.

The company also has engagements directly with defence (Royal Netherlands Army) and oil and gas (Woodside (WDS, not rated)/Monadelphous (MND, Hold TP$16.20/sh)) groups for in-field/onsite repairs and maintenance. In June 2025, TTT opened a new US headquarters in Alabama, which along with building a Board and management team with significant experience across the defence and aerospace sectors, highlights the company's focus on the growing US market.

Big return potential

This morning, Bell Potter has initiated coverage on the ASX stock with a speculative buy rating and 50 cents price target.

Based on its current share price of 30 cents, this implies potential upside of approximately 67% for investors over the next 12 months.

Commenting on its speculative buy rating, the broker concludes:

TTT provides leverage to the emerging application of its cold spray technology in AM for defence, aerospace and natural resources markets. US defence spending is at a cyclical low and is expected to lift over the coming decade. NATO members have recently announced increased spending commitments. TTT's US pivot and management with deep defence sector experience should see the company capitalise on growing defence spending globally. We expect news flow relating to TTT's participation in US defence programs, new commercial agreements and non-dilutive government-backed funding.

The post Bell Potter is tipping this speculative ASX stock to rocket 60%+ appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:

GenusPlus Group Ltd (ASX: GNP)

The GenusPlus share price is up 5% to $4.04. Investors have been buying the national essential power and communications infrastructure provider's shares after it announced two contract wins. The first is from Alinta Energy for the Design, Construction & Commissioning of the Reeves Plains Battery Energy Storage System (BESS). It is worth approximately $105 million. The other contract is a major program of maintenance and upgrade works for Western Power for FY 2026. This order is expected to generate revenue of ~$65 million in the next financial year. Commenting on the BESS contract, the company's managing director, David Riches, said: "This flagship project represents a significant step forward in our strategic growth within the renewable energy sector. It underscores the strength of our long-standing client relationships and our proven track record for safe, reliable delivery."

NIB Holdings Limited (ASX: NHF)

The NIB share price is up 6% to $6.86. The catalyst for this appears to have been a broker note out of UBS. According to the note, the broker has upgraded NIB's shares to a buy rating with an improved price target of $7.85. The broker feels that its shares are cheap in comparison to Medibank Private Ltd (ASX: MPL). It highlights that they are trading at a sizeable and unjustified discount to its rival. Especially given its belief that NIB can deliver double-digit earnings growth through to FY 2028.

Superloop Ltd (ASX: SLC)

The Superloop share price is up 2% to $3.04. This follows news that the telco is upgrading its guidance for FY 2025. It advised that due to the ongoing strong trading performance across the business, its underlying EBITDA for FY 2025 is expected to be at or above $91 million. This is above the top of Superloop's existing guidance range of $83 million to $88 million and represents an increase of over 67% year on year. Superloop's FY 2025 cash capex guidance remains on track for the $28 million to $30 million range.

Titomic Ltd (ASX: TTT)

The Titomic share price is up 9% to 30.5 cents. This morning, this cold spray additive manufacturing company announced that its Netherlands division has been awarded key funding through the 3D Print Kompas program. The ~$1.4 million funding is aimed at accelerating industrial innovation and capability expansion across advanced manufacturing in the region. Titomic's cold spray additive manufacturing process enables the creation of large-scale, high-performance parts without melting metals. This eliminates the typical drawbacks of conventional additive manufacturing such as thermal distortion or residual stresses.

The post Why GenusPlus, NIB, Superloop, and Titomic shares are racing higher today appeared first on The Motley Fool Australia.

You'll find some defence companies in the industrials market sector. The first three ASX shares listed below are examples.

You will also find some in the ASX materials sector.

If you prefer investing via exchange-traded funds (ETFs) instead of individual ASX shares, there are thematic defence ASX ETFs.

At the recent ASX Investor Day in Sydney, many analysts raised defence, describing it as an investment trend that could not be ignored.

The US has been encouraging other governments around the world to raise their defence spending.

Just this week, the North Atlantic Treaty Organization (NATO) committed to a massive boost in defence investment over the next 10 years.

NATO Secretary-General Mark Rutte said the 32 member nations had to act urgently to keep up with Russia's and China's military buildup.

In a speech this month, Rutte said Russia could be ready to use military force against NATO by 2030.

By then, China aims to have 435 navy ships and more than 1,000 operational nuclear warheads ready to go.

5 ASX defence shares that are soaring

Electro Optic Systems Holdings Ltd (ASX: EOS)

Electro Optic Systems specialises in advanced weapon systems, counter-drone solutions, and space domain awareness.

The Electro Optic Systems share price is up 3.02% to $2.73 on Friday and up 73% over the past 12 months.

As my colleague James reports, Bell Potter rates this ASX defence share a buy and has bumped up its 12-month price target to $3.10.

There was no price-sensitive news from Electro Optic Systems this week.

Austal Ltd (ASX: ASB)

Austal is a defence shipbuilder and services provider that builds ships for the Australian Navy and US Navy.

The company commenced operations in Perth in 1988 and was listed on the ASX in 1998.

The Austal share price is up 2.15% to $6.19 on Friday and up 151% over the past 12 months.

This week, Austal completed the funding arrangements for its $1.2 billion capital expansion program in the US.

The shipbuilder secured $488 million in credit facilities from a group of Tier 1 financial institutions, including Australian and international banks and Export Finance Australia.

Droneshield Ltd (ASX: DRO)

Droneshield makes drone defence systems.

This ASX defence share has been in the news this week after Dronesheld announced a $61.6 million European military contract.

Droneshield also released a new investor presentation.

The Droneshield share price is down 4.18% to $2.29 today and up 40% over the past year.

Bell Potter has a buy rating on this ASX defence share and lifted its 12-month price target this week from $1.50 to $2.60.

Titomic Ltd (ASX: TTT)

Titomic offers industrial-scale metal additive manufacturing solutions using its patented kinetic fusion cold spray technology.

The cold spray is used in the development and production of products for many industries, including aerospace, defence, and shipbuilding.

This week, Titomic announced that retired Lieutenant General John Frewen, AO, DSC, would join the board from 1 July.

Titomic executive chair, Dag W.R. Stromme, said:

Drawing on his vast experience, John will play an important role in bringing Titomic Kinetic Fusion value added capabilities to the Australian, U.S. and European manufacturing base helping defense and industry Build Smarter, Sustain Longer and Move Faster.

The Titomic share price is up 1.79% to 28 cents today. This ASX defence share has risen 307% over the past year.

VanEck Global Defence ETF (ASX: DFND)

The VanEck Global Defence ETF provides exposure to a portfolio of global companies involved in the military or defence industries. 

This ASX ETF has just rebalanced its portfolio, adding three more defence shares to now hold 32 stocks.

The DFND ETF is up 2.12% to $35.09 today and up 75% since its inception last September.

There are no ASX shares among DFND's stocks, so the ETF is a complementary investment to any ASX defence shares you may hold.

About 52% of holdings are US shares, 11% are in France, 8% in Italy, 8% in South Korea, and 6% in Sweden.

The DFND ETF's top five holdings are AI and defence software firm Palantir Technologies Inc (NASDAQ: PLTR) 8.1%, French defence electronics specialist Thales SA (FRA: CSF) 7.8%, Italian aerospace and defence group Leonardo SpA (FRA: FMNB) 7.8%, US missile and aerospace giant RTX Corp (NYSE: RTX) 7.7%, and Swedish aerospace and defence company Saab AB (STO: SAAB-B) 6.4%.

The post 5 ASX defence shares that have surged 40% to 307% in just one year appeared first on The Motley Fool Australia.

In the Hague Summit Declaration, NATO nations committed to lifting defence spending from 2% to 5% of GDP over the next 10 years.

NATO said:

United in the face of profound security threats and challenges, in particular the long- term threat posed by Russia to Euro-Atlantic security and the persistent threat of terrorism, Allies commit to invest 5% of GDP annually on core defence requirements as well as defence-and security-related spending by 2035 to ensure our individual and collective obligations …

The 5% commitment by 2035 is a substantial lift from the current target of 2% of GDP.

It will comprise at least 3.5% of GDP spent on core military requirements and up to 1.5% spent on defence investments, including infrastructure and building industrial capacity.

NATO reaffirmed its commitment to supporting Ukraine in its war with Russia.

As such, direct contributions to Ukraine's defence will be counted as part of each nation's defence spending.

Member nations agreed to new defence capability targets and will submit annual plans showing a credible, incremental path to 5% GDP.

NATO said it intended to rapidly expand transatlantic defence industrial cooperation to advance the 32 nations' collective security.

This includes eliminating trade barriers between allied nations and promoting defence industrial cooperation.

The 5% commitment is not just words, either.

Several NATO nations sign new defence cooperation agreements

The NATO allies signed several agreements to implement new multinational projects and expand existing ones.  

Belgium, Canada, Denmark, Germany, Greece, Italy, the Netherlands, Norway, Poland, Sweden, Türkiye, and the United Kingdom committed to the joint acquisition, storage, transportation, and management of stockpiles of raw materials critical to the defence industry.

The materials include lithium, titanium, and rare earths.

This agreement will "help make NATO less vulnerable to supply shocks and reduce reliance on external providers", the organisation said.

Denmark and Sweden joined the existing Multinational Multi-Role Tanker Transport Fleet (MMF) program.

The fleet provides participating nations with critical capabilities in air-to-air refuelling, strategic airlift, and aeromedical evacuation.

NATO also signed a contract with Airbus Defence and Space to buy two additional A330 Multi Role Tanker Transport (MRTT) aircraft.

This will increase the current fleet from 10 to 12 aircraft.
 
Estonia, Finland, Italy, Latvia, the Netherlands, and Sweden announced the establishment of the first NATO Innovation Ranges.

This will support further integration of new military technologies and enable allies to test, refine, and validate new technological products.

'Milestone' agreement with Australia

The NATO Support and Procurement Organisation (NSPO), NSPA's governing body, also signed a partnership agreement with Australia.

The agreement will allow Australia's participation in the full range of NSPA's activities and services, including acquisition, logistics, and operational and systems support and services.

The organisation described the agreement as "an important milestone" in its cooperation with NATO partner countries around the globe.

NATO will next review its defence spending in 2029.  

ASX defence shares rising on Thursday

At the recent ASX Investor Day in Sydney, many analysts said defence was an investment theme that should not be ignored.

Here are some examples of ASX defence shares and how they are performing today.

Austal Ltd (ASX: ASB)

Austal is a defence shipbuilder and services provider whose clients include the Australian and US navies.

The Austal share price is up 3.07% to $6.05 on Thursday and up 149% over the past 12 months.

Droneshield Ltd (ASX: DRO)

Droneshield makes drone defence systems.

This ASX defence share is having a strong week following news that the company has received its largest order in its history.

The Droneshield share price is up 6.07% to $2.27 today and up 45% over the past 12 months.

Titomic Ltd (ASX: TTT)

Titomic produces lightweight titanium parts and provides industrial-scale metal additive manufacturing solutions.

These solutions include its patented Titomic Kinetic Fusion cold spray technology, which enables quick repairs of military equipment.

Titomic also manufactures multi-metal components such as barrels, ballistics shielding, casings, and armour systems.

The Titomic share price is up 3.7% to 28 cents today. This ASX defence share has risen 238% over the past 12 months.

Electro Optic Systems Holdings Ltd (ASX: EOS)

This defence technology company specialises in advanced weapon systems, counter-drone solutions, and space domain awareness.

The Electro Optic Systems share price is up 4.02% to $2.72 on Thursday and up 74% over the past 12 months.

VanEck Global Defence ETF (ASX: DFND)

The VanEck Global Defence ETF is up 1.42% to $34.17 today and up 70% since its inception last September.

This exchange-traded fund (ETF) holds 29 stocks.

About 52.2% are US shares, 10.6% are in France, 8.4% in Italy, 8% in South Korea, and 6.4% in Sweden.

Almost 70% of these stocks are aerospace and defence companies, 19.6% are professional services firms, and 10.3% provide software.

The post ASX defence shares lift amid NATO Summit decision to turbocharge spending to 5% GDP appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are pushing higher:

Accent Group Ltd (ASX: AX1)

The Accent Group share price is up 5% to $1.90. This morning, Accent announced that it will be granted the right to launch and operate the Sports Direct business (including online) in the ANZ region for an initial 25-year term. The company revealed that it has plans for an initial roll-out of at least 50 Sports Direct stores over the next 6 years. However, it ultimately sees an opportunity for 100 plus Sports Direct stores in the region. Accent CEO, Daniel Agostinelli said: "After extensive discussions, we are very pleased to announce a long-term strategic relationship with Frasers to open Sports Direct in Australia and New Zealand. Sports Direct is one of the leading sporting goods retailing businesses globally. Frasers and Accent see a significant opportunity to bring a new and exciting global sports business to the Australian and New Zealand markets."

DroneShield Ltd (ASX: DRO)

The DroneShield share price is up a further 11% to $1.15. This counter drone technology company's shares have been storming higher this week after announcing new contract wins. The company received a package of five separate contracts totalling $32.2 million. These contracts were placed by an in-country reseller for delivery to a military end customer in an Asian Pacific country. Bell Potter was impressed. So much so, this morning the broker retained its buy rating and lifted its price target to $1.30 from $1.10. It said: "Current industry tailwinds and DRO's strong performance YTD gives us confidence that customer activity is increasing following a brief pause around the US election last year."

EBR Systems Inc (ASX: EBR)

The EBR Systems share price is up 5% to $1.47. On Monday, this medical device company announced FDA approval for the WiSE CRT System. It is the world's first and only lead-less solution for left ventricular endocardial pacing. Management notes that for the first time, clinicians can deliver cardiac resynchronisation therapy without leads. EBR will initially target a US$3.6 billion addressable market across high-risk upgrade, lead failure, and lead-less CRT expansion categories, with future opportunity to expand into other indications.

Titomic Ltd (ASX: TTT)

The Titomic share price is up 14% to 24 cents. The catalyst for this is news that the cold spray additive manufacturing technology company is collaborating with Northrop Grumman to develop and manufacture high-performance pressure vessels. Management notes that this work is a pivotal step in Titomic's strategic shift toward high-value collaborations in aerospace and defense, demonstrating its commitment to delivering integrated solutions for mission-critical components. It also highlights that the collaboration leverages Titomic's expertise in cold spray systems and Northrop Grumman's leadership in aerospace and defense. They have a shared goal of enhancing the performance, durability, and significantly reducing the production schedule of critical pressure vessels.

The post Why Accent, DroneShield, EBR Systems, and Titomic shares are pushing higher appeared first on The Motley Fool Australia.

The surging company in question is cold spray solutions provider Titomic Ltd (ASX: TTT).

And I say "soon to be" ASX All Ords stock because Titomic won't officially join the All Ords until 24 March.

That's when the rebalances from the S&P Dow Jones Indices March quarterly review take effect. And with Titomic shares going atomic over the past year, its surging market cap has earned it a place among some of the larger ASX companies.

And this could offer up more tailwinds for the stock, as it means index tracking funds meant to mimic the All Ords will now be buying shares.

So, just how much have Titomic shares delivered to an investor who bought $8,000 worth of shares last year?

Let's dig into the maths.

ASX All Ords stock on a tear

One year ago, you could have picked up Titomic shares for 3.3 cents apiece.

Meaning your $8,000 investment would have netted you 242,424 shares (exclusive of brokerage fees).

At Friday's close, the ASX All Ords stock was trading for 24.0 cents per share.

That means the $8,000 worth of shares purchased just 12 months ago is now worth an eye-watering $58,182. Or a gain of 627.3%.

Boom!

What's been happening with Titomic?

Titomic released its half-year results on 28 February.

For the six months to 31 December, the ASX All Ords stock reported a 61% year on year increase in customer sales revenue to $3.7 million.

The half-year also saw Titomic successfully complete a $30 million capital raise to help fund its United States expansion and global growth ambitions.

As for that expansion, the half-year saw the company secure Huntsville, in the US state of Alabama, as the foundation for its operations in the world's largest defence and aerospace market.

Commenting on the half-year performance for the ASX All Ords stock, Titomic managing director Jim Simpson said:

2025 marks a transformation for Titomic. We are pivoting toward a service-oriented business model, recurring revenue streams, and deepening our direct sales capabilities. Our cold spray solutions are not just groundbreaking, they are reshaping the landscape of industrial manufacturing and repair.

Looking ahead, Simpson said Titomic "is not just keeping pace with industry demand, it is shaping the future of metal additive manufacturing".

The post How an $8k investment in this ASX All Ords stock one-year ago is worth $58,182 today appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Silex Systems Ltd (ASX: SLX)

The Silex Systems share price is up 10% to $6.15. This morning, the company announced that GLE, its exclusive licensee of the third-generation laser-based SILEX uranium enrichment technology, has been selected by the US Department of Energy (DOE) as an awardee under the its LEU Enrichment Acquisition request for proposals. The award provides a minimum contract value of US$2 million and a maximum aggregate value for all awardees totalling US$3.4 billion. The final award value will depend on agreed task orders to be subsequently issued by the DOE.

Southern Cross Electrical Engineer Ltd (ASX: SXE)

The SCEE share price is up 13% to $1.57. This morning, this engineering company announced that it has been awarded a range of projects in the data centre, commercial, manufacturing, resources and water sectors. Management advised that the contracts total $125 million. Commenting on the news, SCEE Group Managing Director Graeme Dunn said: "This announcement, with works on a new desalination plant in WA, and major transport projects in Victoria and NSW, clearly demonstrates SCEE's broad exposure to Australian infrastructure expenditure."

Titomic Ltd (ASX: TTT)

The Titomic share price is up 8% to 19.5 cents. This morning, this cold spray solutions provider announced that it has successfully co-developed and sponsored a new cold spray standard for aerospace with SAE International. Titomic USA president, Jim Simpson, said: "SAE AMS7057 compliance validates Titomic's cold spray technology and strategically positions the Company to capitalise on a range of U.S. Government opportunities and initiatives aimed at fostering domestic innovation and manufacturing, such as Department of Defense contracts for military asset repairs, NASA programs for lightweight aerospace components, and Office of Strategic Capital efforts to strengthen domestic supply chains through advanced manufacturing technologies."

WA1 Resources Ltd (ASX: WA1)

The WA1 Resources share price is up 11% to $16.18. This is despite there being no news out of the niobium explorer today. However, it is worth noting that the company did recently report excellent beneficiation results from initial variability testing on a composite sample comprising three drillholes covering over 400m east-west extent in the northeast zone of the Luni deposit.

The post Why Silex Systems, SCEE, Titomic, and WA1 shares are storming higher today appeared first on The Motley Fool Australia.