BUZZ-Australia's HITIQ surges on Hockey Australia partnership

Reuters02-03 09:59
BUZZ-Australia's HITIQ surges on Hockey Australia partnership

** Shares of HITIQ HIQ.AX rise as much as 11.1% to A$0.02, their biggest intraday pct gain since Dec. 30, 2025

** Shares hit highest level since Jan. 8

** Co partners with Hockey Australia for three years; agreement allows for integration of PROTEQT across Australia's entire hockey pathway

** PROTEQT is co's mouthguard and analytics platform for detection, assessment and management of head‑impact exposure through real‑time impact data

** Co says partnership represents nearly A$20 million-A$25 million ($13.95 million-$17.44 million) multi‑year revenue opportunity

** Shares fell 14.3% in January

($1 = 1.4337 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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