Synertec (ASX:SOP) raised its fiscal 2027 revenue guidance to AU$37.5 million to AU$40 million, up from AU$29.5 million to AU$31.7 million previously, as it targets 77% to 89% growth on fiscal 2026 external revenue of AU$21.1 million, according to a Wednesday filing with the Australian bourse.

The upgrade reflects strong contract momentum, including the AU$45.5 million Australian Nuclear Science and Technology Organization (ANSTO) contract, and growing revenue visibility across government, healthcare, nuclear and critical infrastructure markets, per the filing.

The company said the ANSTO award validates the quality of its probability-weighted engineering pipeline, previously valued at AU$174 million, with the contract adding only around AU$9 million as much of the opportunity had already been factored in, the filing added.

The company's shares rose around 8% in recent trading on Wednesday and earlier hit their highest since March 2024.