RC Fornax, Bango, Quantum Blockchain, Seraphim Space Investment Trust - Small Cap Snapshot

RC Fornax (AIM:RCFX) has been selected by Thales UK for its sonar and naval architecture supplier framework, in a deal that could run for up to five years. Thales has historically accounted for around 30% of RC Fornax's revenue. Shares in Bango Bango PLC (AIM:BGO, OTCQX:BGOPF) soared after the company reported strong first-half results, with annual recurring revenue up 31% to $20.4 million. The company remains on track to meet full-year expectations, with adjusted EBITDA expected to rise 34%. Quantum Blockchain Technologies (AIM:QBT) says its R&D team has developed a new mathematical variant of Method B for Bitcoin mining using chaos mathematics. Live testing has begun on a Bitaxe Gamma miner, with further tests on an ASIC manufacturer's development kit to follow. Seraphim Space Investment Trust (LSE:SSIT) has completed the sale of portfolio company ALL.SPACE to York Space Systems, but the deal's value has come in below the last reported carrying value. The shortfall is down to York's share price falling below the agreed issue price for the equity component. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.