3 ASX Companies Showing Stronger Growth Momentum

These shares are showing growing business momentum, with stronger customer activity, fresh funding, new contracts and developments that could support future growth.

FleetPartners Group Limited (ASX: FPR)

On 14 September 2026, received three revised non-binding, indicative and conditional proposals to acquire all outstanding shares through a scheme of arrangement. SG Fleet offered $4.55 per share, while ORIX and the Sumitomo Consortium each proposed $4.65. Element chose not to submit a revised proposal. The Board has allowed SG Fleet, ORIX and the Sumitomo Consortium to enter another due diligence phase. No certainty exists that these proposals will become binding offers or lead to a transaction, and shareholders do not need to act now.

On 13 July 2026, FleetPartners reported 8% YTD NBW growth versus the prior corresponding period. AUMOF increased 6% and Core income rose 7%. FY26 AUMOF was expected to grow mid-single digits, while NBW guidance was upgraded to high-single-digit growth.

The company said NBW momentum remained strong, with pipeline 27% above the 1H26 average. Core margin was expected to stay broadly stable. EOL income was forecast to improve in 4Q26, while FY26 operating expenses were estimated at $98.5–$99.5m.

NOVONIX Limited (ASX: NVX)

On 10 September 2026, received lead customer testing results for its C-sample synthetic graphite AAM. The material met 12 of 14 specifications. One unmet requirement was within about 1% of the target, while the other was assessed pass/fail. Internal testing found all specifications met. Actions were identified, with mass production sales still expected in H2 2027, subject to qualification.

On 10 September 2026, NOVONIX announced an Amortisation Event under its funding agreement with YA II PN, Ltd. The agreement, announced 24 July 2025, provides convertible-debt funding of up to US$100 million. The event applies when ASX daily VWAP falls below the A$0.12 Floor Price for the specified period.

For the six months ended 30 June 2026, NOVONIX delivered a Panasonic C-sample, raised A$21.66 million through placement and SPP, retained the 35% tariff, received Riverside 48C certification, paused the adjacent land purchase, and completed the BTS sale while retaining 15% in Dryve’s Cathode business.

Titomic Limited (ASX: TTT)

On 14 September 2026, announced a US$5.0 million (AU$6.9 million) U.S. Air Force contract for a next-generation TKF high-pressure cold spray system at Tinker Air Force Base, Oklahoma City. The TKF 1000-based system will include robotics, powder and gas management, monitoring, safety and real-time quality verification. Delivery is planned for Q3 2027.

On 2 September 2026, Titomic reported new U.S. purchase orders worth more than A$750,000 from major aerospace prime contractors and a leading energy company. The orders cover military and commercial space, commercial and military aircraft, and oil & gas. They provide near-term revenue and show customer movement toward repeat orders and larger production programs.

Also, on 2 September 2026, TTT secured a A$16.5 million institutional placement through about 126.9 million new shares. Funds will support Huntsville capacity, hiring, technology, automation, digital improvements, working capital and reserves. The placement extends the runway to projected cashflow breakeven during 2027.

(Source: Company Report)