Samso News reviews the Overwatch Technologies (ASX: OWL) IPO. A$8 million at 20 cents, a licensed sensing core from a related party, A$1.88 million received but no revenue recognised, and a 38.8 per cent free float.

Innovaero Technologies is raising A$40 million to list on the ASX on 18 September 2026. What the OWL loitering munitions and the numbers actually say.