AVM, a privately owned German company founded in 1986, manufactures products for broadband internet connectivity and home networking. Employing approximately 500 people, the company's primary focus is on broadband aggregation and home networks. In 2023, AVM's revenue was less than $1 billion.
Advance Metals Limited (ASX:AVM) announced initial assay results from its maiden drilling program at the Myrtleford Project in the Victorian Goldfields, Australia, on April 1, 2025. These results included high gold grades of up to 93.2 grams per tonne. Separately, AVM entered into a binding agreement with Serra Energy Metals Corp. (CNSX:SEEM) (OTCMKTS:ESVNF) to acquire an 80% interest in the Myrtleford and Beaufort Gold Projects via a joint venture. Meanwhile, AVM's focus shifted back to developing new features for its routers after addressing previous update issues. Testing of Fritzos 8.10 commenced. Since the end of 2024, there has been limited news regarding the company's laboratory activities.
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