XTEK raises $11.4 million and joins C4 EDGE consotrium

Defence technology group XTEK is raising $11.4 million from investors and also moving to join the C4 EDGE consortium of 17 SMEs that are developing a sovereign C4 (commend, control, communications and computing) environment for the Australian army. The company announced it had successfully raised $9.2 million from an oversubscribed placement with institutional investors, and…