HOUSTON and LONDON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- LyondellBasell (NYSE: LYB) today announced it has entered into an agreement to sell its former Houston Refinery site and related assets to Valero Refining-Texas, L.P., a wholly owned subsidiary of Valero Energy Corporation (NYSE: VLO, "Valero").

The transaction represents another step in the company's ongoing portfolio transformation, sharpening its focus on businesses and assets that offer the strongest strategic fit and long-term value creation potential while strengthening its ability to allocate capital in line with its company strategy.

"This transaction reflects the disciplined approach we are taking to transform our portfolio and create long-term value," said LYB CEO Peter Vanacker. "It provides an opportunity to realize value from a non-core asset while positioning the site, its infrastructure and employees with an owner whose core business is refining. We are pleased that the agreement provides continued employment for the site's workforce and look forward to working with Valero on an orderly transition."

Following the decision to cease refining operations, LYB evaluated a range of options for the site and determined that the sale offered the most compelling opportunity to advance the company's strategic priorities.

The total purchase price for the transaction is $320.5 million. Valero is assuming responsibility for ongoing site operations, environmental liabilities, pension costs and related employee obligations. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and other customary closing conditions. 

About LyondellBasell

We are LyondellBasell (NYSE: LYB), a global leader in the chemical industry. We develop, manufacture and market innovative products for applications ranging from transportation and infrastructure to food safety, clean water and quality healthcare.

We hold leading positions in polyolefins, oxyfuels, propylene oxide and acetyls. Our focus on safe and reliable operations, proprietary technologies and strong portfolio positions us for success. Through disciplined investments, we strengthen our core businesses, and build profitable circular and low-carbon solutions that create long-term value for our customers, investors and other stakeholders.

Our commitment to an inclusive global workplace enables employees to do their best work as they create solutions for everyday sustainable living. For more information, please visit www.lyb.com or follow @LyondellBasell on LinkedIn.

Cautionary Note Regarding Forward-looking Statements

The statements in this press release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties.

Actual results could differ materially from the anticipated results, or other expectations expressed in this press release, including, but not limited to, receipt of required regulatory approvals or the expiration of applicable waiting periods; the satisfaction of closing conditions; and our ability to complete the transaction described herein within the time period included herein. While these statements are made in good faith, LyondellBasell and its management cannot guarantee that anticipated future results will be achieved.

Copyright 2026 GlobeNewswire, Inc.

MUSCAT, Oman, Oct. 30, 2026 (GLOBE NEWSWIRE) -- The Muscat Maritime Resilience Forum 2026 concluded under the patronage of H.E. Abdulsalam bin Mohammed Al Murshidi, President of Oman Investment Authority (OIA).

In his closing remarks, His Excellency praised the constructive engagement and actionable outcomes of the forum, stating: "The profound discussions held during this forum reflect a shared understanding of the sector's future dynamics and opportunities.

They reaffirm Oman's pivotal role in strengthening international cooperation and knowledge exchange. As we thank all participants for their transparent insights and valuable perspectives, we reiterate our commitment to activating the forum's outcomes. We will translate these recommendations into concrete action plans that bolster supply chain resilience, drive sustainable economic growth and cement Oman's position as a vital hub for global supply chains and trade."

The final day featured a comprehensive session for the specialized working groups, reviewing the priorities and proposals generated by industry leaders to present an integrated vision of the maritime ecosystem. These sessions successfully highlighted the deep interconnectivity across eight core sectors: Marine Resources, Infrastructure, Regulatory Frameworks, Supply Chains, Logistics Services, Proactive Readiness, Platforms and Networks. Driven by the commercial and operational expertise of the participants, these discussions aimed to formulate solutions that guarantee operational efficiency and support market agility.

The forum's strategic dialogues served as the foundational launchpad for the Muscat Maritime Resilience Framework. Analytical and framing efforts will continue to transform these shared visions into an integrated operational model capable of navigating commercial and operational shifts. The framework will be developed and implemented in phases, beginning with strengthening integration among Gulf Cooperation Council (GCC) naitions before expanding its scope to serve the entire global maritime trade ecosystem.

The working group discussions underscored the importance of building a unified approach to risk management, enhancing the exchange of reliable data across the maritime network and developing regulatory alignment alongside proactive readiness and response mechanisms. Participants also addressed the critical nexus between protecting the marine environment and sustaining the economic activities that depend on it, emphasizing the need to base strategic decisions on empirical data and field expertise.

Strategic insights highlighted the necessity of deploying advanced digital technologies to share knowledge and trusted data. Discussions also called for deeper coordination between government entities and the commercial sector to build mutual trust and institutional readiness. This approach prioritizes the commercial and operational dimensions of the industry, focusing on innovating tools that empower maritime professionals and leaders to make informed decisions and adapt to the rapid variables shaping international trade.

Once finalized, the Muscat Maritime Resilience Framework will be accessible as an open knowledge resource serving all stakeholders. It will be shared with governments, regulatory bodies and public and private sector enterprises to enrich operational readiness across the industry. This direction aligns seamlessly with the vision outlined by Eng. Abdulrahman bin Salem Al Hatmi, Chief Executive Officer of Asyad Group, in his opening keynote. He emphasized that integrating field expertise and joint action constitutes the fundamental pillar for ensuring maritime network resilience and the uninterrupted flow of global trade.

These outcomes reflect Oman's success in leveraging its economic diplomacy, strategic location and logistics infrastructure to converge perspectives and strengthen international cooperation. Through its direct contribution and integrated expertise in ports, shipping and logistics services, Asyad Group has launched a new era of collaborative action from Muscat, charting a pathway that enhances trade connectivity and builds a more prepared, sustainable maritime future.

Copyright 2026 GlobeNewswire, Inc.

SHENZHEN, China, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Emdoor Information, a leading provider of rugged computing solutions, today announced the expansion of its AI-ready portfolio designed to bring high-performance artificial intelligence directly to industrial edge environments.

As enterprises accelerate Industry 4.0 and intelligent operations initiatives, the demand for on-device inference in demanding field conditions has reached an inflection point. Emdoor Information's new range of rugged AI PCs directly addresses this requirement by combining dedicated AI acceleration, industrial-grade durability, and extensive industrial connectivity into deployment-ready terminals.

Why the Industrial Edge Needs the Rugged AI PC

The migration of AI workloads from centralized data centers to operational technology (OT) environments presents a fundamental infrastructure paradox. While cloud computing offers abundant resources, transmitting all production data upstream introduces latency bottlenecks, connectivity vulnerabilities in remote locations, and heightened data-security exposure.

Compounding the issue, standard consumer-grade and office computing devices lack the environmental resilience required for factory floors, moving vehicles, and outdoor deployments. Industrial edge computing must therefore simultaneously withstand extreme temperatures, persistent shock and vibration, airborne dust, and moisture ingress while delivering sufficient computational power for real-time AI inference.

Emdoor Information's AI-Ready Edge Solution

Emdoor Information's AI-Ready Edge Solution addresses this paradox through a series of AI rugged computing terminals.

First, heterogeneous AI computing: the portfolio leverages diverse processor platforms to match specific workload requirements.

Intel platform products: Intel Meteor Lake-powered AI rugged devices-the EM-X14M and EM-X15M laptops and the EM-I14M tablet-provide up to 33 TOPS with integrated NPU efficiency. Intel Lunar Lake-powered AI rugged tablets (EM-I10L, EM-I20L) achieve up to 120 TOPS in compact, handheld form factors, functioning as high-performance AI-powered industrial tablets at the network edge.

AMD platform products: AMD Ryzen-powered AI rugged laptops (EM-A14, EM-A15) deliver up to 126 TOPS of AI performance.

These heterogeneous options enable on-device inference for computer vision, predictive analytics, and localized large language model applications-eliminating dependency on continuous cloud connectivity.

Second, rugged reliability: every product carries IP65 ingress protection and meets MIL-STD-810H standards for shock, vibration, and wide temperature ranges, ensuring uninterrupted operation across environmental extremes.

Third, comprehensive edge connectivity: the products are equipped with Thunderbolt 4 (Type-C), RJ45, RS232, HDMI, Oculink, and multiple USB ports, supplemented by wireless options including Wi-Fi 6E/Wi-Fi 7 and 4G with optional 5G, enabling direct integration with industrial machinery, networks, and sensor arrays.

Smart Manufacturing: Driving Automated Quality Inspection

In smart manufacturing deployments, Emdoor Information's rugged AI PCs function as high-performance AI vision processing nodes at the production line edge. Connected to high-precision industrial cameras and equipped with optional discrete graphics accelerators, the devices run integrated AI vision models and visual inspection software to execute complete machine vision workflows for quality inspection-from initial sample processing and dataset annotation through model training, image acquisition, and real-time analytical inference.

This capability enables automated surface defect detection, internal assembly verification, label recognition, and intelligent product classification operating at full production throughput. Upon detecting anomalies during quality inspection, the system generates immediate alerts and transmits inspection data through high-speed communication interfaces directly to Manufacturing Execution Systems (MES) and enterprise quality management platforms, closing the loop between detection and corrective action while supporting automated decision-making initiatives.

Transportation: AI-Enabled Vehicle Diagnostics at the Edge

Within the transportation sector, Emdoor Information's rugged AI PCs are engineered to serve as intelligent mobile vehicle diagnostic workstations in service bays and fleet maintenance facilities. Through both wired protocols and wireless interfaces, the devices establish comprehensive vehicle-to-device diagnostic links to capture real-time data from engine, transmission, chassis, and electronic subsystems.

Fault prediction and guided vehicle diagnostic applications run locally on the device, enabling rapid parsing of complex fault codes and identification of system anomalies without relying on garage-wide network infrastructure. A standout capability integrates local large language models (LLMs) with structured technical knowledge bases, functioning as an AI-assisted diagnostic advisor that helps technicians derive logical, step-by-step troubleshooting sequences from reported fault symptoms and vehicle behavior patterns. This compresses mean-time-to-repair and reduces dependency on centralized technical support.

Product Portfolio: AI Rugged Laptops, Tablets, and Copilot+ PCs

To accommodate diverse deployment scenarios, Emdoor Information's rugged AI PC portfolio spans multiple rugged form factors with clearly differentiated performance profiles. Organizations requiring high compute density in traditional clamshell designs can select Intel Meteor Lake-powered AI rugged laptops (EM-X14M, EM-X15M) for balanced performance and power efficiency, or AMD Ryzen-powered AI rugged laptops (EM-A14, EM-A15) for peak AI throughput. For field engineers, inspectors, and mobile operatives, Intel-powered AI rugged tablets-the Meteor Lake-based EM-I14M and the Lunar Lake-based EM-I10L and EM-I20L-deliver substantial AI capability in highly portable chassis, serving as flexible AI-powered industrial tablets for mobile field operations.

Common features across the portfolio include high-capacity memory, scalable SSD storage, high-definition and high-brightness displays optimized for outdoor readability, backlit keyboards on laptop variants, and dual-battery designs featuring hot-swappable large cells to ensure continuous operation during extended shifts. Security is hardened through TPM 2.0 or fTPM 2.0 hardware protection modules and integrated fingerprint authentication. All AI rugged laptops feature a dedicated Copilot physical key, extending Copilot+ PC convenience to field professionals in harsh industrial environments. The key is configured to launch Windows Copilot or, in regions where the service is unavailable, to default to Windows Search functionality.

Customer Value: Operational Advantages of Rugged AI PCs

The convergence of these capabilities translates into measurable operational advantages for enterprises deploying rugged AI PCs at the edge. Faster decision-making emerges from localized AI inference that eliminates round-trip cloud latency. Greater reliability results from rugged hardware architectures engineered for continuous operation in physically demanding environments. Simpler integration is achieved through extensive native I/O that connects directly to existing cameras, sensors, machinery, and vehicle systems without adapter proliferation.

We Are Ready for the Mission-Critical Edge

"AI is increasingly moving to the edge, where decisions need to be made in real time and computing systems must operate reliably far beyond the confines of controlled IT environments," said a spokesperson for Emdoor Information. "By combining dedicated AI acceleration with purpose-built rugged computing platforms, we are helping our customers bring intelligent processing directly to where data is generated-whether on a high-speed production line, inside a busy vehicle service bay, or at a critical public safety incident scene."

With this integrated approach to rugged hardware design, heterogeneous AI acceleration, and industrial-grade connectivity, Emdoor Information is positioned to support the continued global deployment of intelligent edge computing, providing a robust, scalable foundation for organizations seeking to operationalize AI across industrial manufacturing, transportation, and mission-critical field applications.

About Emdoor Information

Emdoor Information (SZ: 001314) specializes in providing high-quality rugged mobile computing devices and customized solutions for industry clients worldwide. Its portfolio includes rugged handhelds, rugged tablets, rugged notebooks, vehicle PCs, and industrial panel PCs. For more information, visit www.emdoorrugged.com. Follow us on LinkedIn, YouTube, and Facebook.

Copyright 2026 GlobeNewswire, Inc.

*Speaking at the Asia-Pacific Conference of German Business in Seoul, Boehringer Ingelheim Chairman of the Board of Managing Directors, Shashank Deshpande, highlights the region's growing role

*Boehringer builds on its integrated R&D and manufacturing operations in Japan, a growing presence in China and an expanding network of collaborations and partnerships across the entire region

*Boehringer runs more than 200 clinical trials in Asia-Pacific and partners with some 160 institutions

*Marking 50 years in Korea, Boehringer reaffirms its long-term commitment to life science R&D in the country

Seoul, Korea - Boehringer Ingelheim today highlighted Asia-Pacific's increasing importance in global life science innovation. Speaking at the Asia-Pacific Conference of German Business (APK) 2026 in Seoul, Shashank Deshpande, Boehringer Ingelheim Chairman of the Board of Managing Directors, said that "Asia-Pacific is rapidly gaining importance as a major pillar in global life science innovation", driving patient access to new medicines and improving animal health and food chain safety and security.

"Predictable and science-friendly policy frameworks that attract investment are essential to improve access to new human and animal health products," Deshpande said. "As international competition for talent, research and development capabilities and investments is increasing globally, Asia-Pacific is rapidly gaining importance in life science innovation." He went on to explain: "We draw on Europe's scientific depth, the broad US innovation environment and Asia-Pacific's speed, scale and growing R&D capabilities to drive our global innovation engine. Our ability to integrate technologies and scientific expertise from around the world puts Boehringer in a strong position to deliver breakthrough innovation for the patients and animals we care for."

Partnering with Asia-Pacific

Boehringer Ingelheim's partnerships in Asia-Pacific span the full pathway from discovery to patient access. In 2025, the company conducted more than 200 clinical studies with more than 160 academic institutions across the ASEAN countries, Japan, Korea, Australia and New Zealand. Its screening programs for chronic kidney disease and heart failure have reached more than 72,000 people in Malaysia, the Philippines and Thailand, with several pilots now being scaled by local governments. In Animal Health, its "Stop Rabies" program has provided more than 65 million vaccine doses for dogs and cats across five Southeast Asian countries since 2022.

"Across Asia-Pacific, we increasingly innovate with the region, not only for it," said Deshpande. "Progress happens when governments, researchers, healthcare providers and industry work together. This is how ideas move from the lab into clinical practice and successful pilots into national health systems."

Bridging innovation ecosystems

Boehringer Ingelheim is advancing around 80 projects in its human pharma pipeline alone, with around 50% anchored in external collaborations. Boehringer has operated in Asia-Pacific since establishing its Japanese subsidiary in 1961, where it is one of the only foreign pharmaceutical companies with both R&D and manufacturing capabilities. In 2025, the company invested EUR 300 million in its Yamagata plant to expand its strategic positioning as an export hub for the Asia-Oceania region. Today, there are 65 local clinical studies with more than 1,900 participants, and its 2,280 employees contribute to our global research and manufacturing network.

50 years in Korea, focused on the future

As host of APK 2026, Korea reflects Asia-Pacific's growing strengths in AI-enabled drug discovery, health data and clinical research. Boehringer Ingelheim currently conducts around 50 clinical studies in the country and is expanding its partnerships across Korea's life science ecosystem. Marking 50 years in Korea, the company and Yuhan signed a Memorandum of Understanding on the sidelines of APK 2026, extending their partnership of more than 15 years into clinical and scientific collaboration, as well as patient access.

About Boehringer Ingelheim

Boehringer Ingelheim is a biopharmaceutical company active in both human and animal health. As one of the industry's top investors in research and development, the company focuses on developing innovative therapies that can improve and extend lives in areas of high unmet medical need. Independent since its foundation in 1885, Boehringer takes a long-term perspective. Our approximately 54,300 employees serve over 130 markets to build a healthier tomorrow. Learn more at www.boehringer-ingelheim.com.

Copyright 2026 GlobeNewswire, Inc.

Source: Hitachi Construction Machinery Co., Ltd.

Bringing "Solutions Beyond Machinery" to the World, Built on More Than 75 Years of Trust

TOKYO, JAPAN - Media OutReach Newswire - 30 October 2026 - Hitachi Construction Machinery Co., Ltd. (President and Executive Officer: Masafumi Senzaki; hereafter referred to as "Hitachi Construction Machinery") announces that it will change its trade name to LANDCROS Corporation and its corporate brand to "LANDCROS" effective April 1, 2027.

A global brand campaign has been launched to raise awareness of the new name "LANDCROS" among stakeholders worldwide, and to deepen their understanding of, and their expectations for, what LANDCROS is striving to achieve, and the value it brings. From November 2, we are unveiling four key graphics expressing "Solutions Beyond Machinery," and will gradually roll them out worldwide.

This global brand campaign is being implemented as a global initiative, aimed at countries and regions across the world where we operate, including South East Asia, Oceania, and Latin America.

"Solutions Beyond Machinery" - The Message of the New Global Brand Campaign

Since launching a mechanical excavator in 1950, Hitachi Construction Machinery has been one of the industry leader as a construction and mining machinery manufacturer for over 75 years, and has built a reputation for "Reliable Solutions."

"Solutions Beyond Machinery" is the message that expresses what LANDCROS is, the new corporate brand that will keep evolving into the future and its' aims to be and the value it delivers. This expresses our determination to go beyond simply supplying hardware such as construction machinery and mining machinery, but to provide solutions that solve the real issues confronting customers with construction sites, and society, through open collaboration with partners.

In this global brand campaign, LANDCROS is portrayed as the response to customer challenges through Reliability, built on the Japanese manufacturing excellence and global service network we have inherited; Openness, through collaboration with partners both inside and outside the company; and professionalism, grounded in deep expertise and understanding of worksites.

In addition to developing next-generation construction machinery combining AI, robotics, sensing, and communication technologies, LANDCROS aims to provide integrated support that includes services and digital solutions. Through these efforts, we aim to contribute to stable machine operation and improved safety and productivity at worksites, while creating new value beyond the boundaries of the industry.

Hitachi Construction Machinery will continue to develop LANDCROS, its new corporate brand, as a brand that consistently delivers innovative solutions beyond the traditional boundaries of a construction machinery manufacturer.

Comment from Masafumi Senzaki, President and COO, Hitachi Construction Machinery

For more than 75 years, we have worked closely with customers at worksites around the world, continuously strengthening our Japanese manufacturing capabilities and our global sales and service capabilities. The unwavering trust we have built along the way will remain at the heart of who we are, even as we become LANDCROS.

At the same time, as the challenges facing our customers and their worksites become increasingly diverse and complex, the role expected of us is also changing significantly. That is why we will continue to evolve the strengths we have built over the years, demonstrating Professionalism through our deep understanding of worksites, listening closely to our customers, and embracing Openness by connecting and collaborating with a wide range of partners.

"Solutions Beyond Machinery" embodies our determination to go beyond the boundaries of machinery, create new value together with our customers, and shape the future of worksites. Through this global brand campaign, we will share this ambition with people around the world.

Trademark Notes

LANDCROS is a registered trademark of Hitachi Construction Machinery Co., Ltd.

Related Information

- October 28, 2025 News Release "Hitachi Construction Machinery Changes Trade Name to LANDCROS Corporation"

- LANDCROS Special Site

About Hitachi Construction Machinery Co., Ltd.

Hitachi Construction Machinery (TSE: 6305), headquartered in Tokyo, Japan, is a global construction machinery manufacturer engaged in the development, manufacturing, sales, and servicing of products such as hydraulic excavators, wheel loaders, compaction equipment, and mining machinery.

In addition to the company's new machinery business, it is expanding its "value chain businesses" that include parts and services, remanufacturing (parts and machines), rentals, and used equipment. The company continues to grow with its customers as a solutions provider delivering innovative solutions. With roughly 25,000 employees around the world, the consolidated sales revenue for Hitachi Construction Machinery was 1,405.5 billion yen for fiscal year 2025 (ended March 2026), of which overseas sales revenue accounted for 84%. For more details, see the  Hitachi Construction Machinery website.

The company plans to change its trade name to "LANDCROS Corporation" and its corporate brand to "LANDCROS" on April 1, 2027.

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

The issuer is solely responsible for the content of this announcement.

Hashtags: #Landcros

WUHU, Tiongkok, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Pada sore hari tanggal 20 Oktober, LUXEED Global Media Long-Distance Test Drive tiba di tujuan akhir, Guangde Proving Ground, setelah menempuh perjalanan sejauh 185 kilometer. Pencapaian ini sekaligus menandai dimulainya serangkaian uji performa ekstrem.

Dengan memanfaatkan lintasan oval berkecepatan tinggi dan berbagai pengujian berkendara yang menantang, Stormax, model mewah berperforma tinggi dari LUXEED, menunjukkan kemampuannya kepada awak media otomotif dan para pemuka pendapat (KOL) dari UEA, Thailand, Indonesia, serta pasar lainnya.

Tenaga dan Pengereman yang Harmonis: Performa Penuh Keyakinan

Stormax menunjukkan kemampuan tenaga dan pengeremannya melalui serangkaian uji performa tinggi. Arsitektur listrik murni 800V dan sistem penggerak semua roda dengan dua motor listrik menghasilkan daya maksimum 460 kW dan torsi maksimum 775 Nm. Dengan mengaktifkan mode Boost sekali sentuh, Stormax mampu berakselerasi hingga mencapai kecepatan lebih dari 250 km/jam di lintasan oval berkecepatan tinggi.

Dalam uji pengereman dari kecepatan 100 km/jam hingga berhenti, Stormax mampu berhenti dengan jarak pengereman kurang dari 34 meter. Kaliper rem enam piston yang dipadukan dengan ban berperforma tinggi memberikan kemampuan pengereman yang kuat, bahkan dalam kondisi pengujian yang berat.

Rekayasa Presisi dan Pengendalian Sasis: Tetap Percaya Diri Hingga Batas Performa

Stormax juga menunjukkan kemampuan pengendaliannya melalui tiga pengujian yang menantang, yaitu uji moose pada kecepatan lebih dari 82 km/jam, uji S-slalom, dan uji berkendara melingkar dengan kondisi stabil. Performa Stormax mendapat tanggapan positif dari para perwakilan media di lokasi pengujian.

Sistem sasis dan aerodinamika kendaraan bekerja sama untuk mendukung stabilitas dan pengendalian yang presisi. Diffuser aktif berukuran besar dan desain aerodinamisnya menghasilkan gaya tekan ke bawah (downforce). Di sisi lain, suspensi depan double-wishbone, suspensi belakang independen multi-link, suspensi udara dua ruang, sistem peredaman yang dikendalikan secara kontinu (CDC), serta sistem Vehicle Motion Control (VMC) bekerja secara terkoordinasi untuk mengendalikan dinamika kendaraan.

Akhir yang Mengesankan: Memperkenalkan Janji Merek LUXEED kepada Audiens Global

Keberhasilan menuntaskan rangkaian uji performa ekstrem di Guangde Proving Ground menandai berakhirnya LUXEED Global Media Long-Distance Test Drive. Melalui teknologi cerdas, desain yang berfokus pada kemewahan, dan performa berkendaranya, LUXEED menunjukkan kemampuan sejumlah kendaraannya kepada media internasional. LUXEED juga memperkenalkan visinya tentang kemewahan cerdas dan kenikmatan berkendara kepada audiens di berbagai pasar global.

Copyright 2026 GlobeNewswire, Inc.

MEXICO CITY, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Fundacion Reintegra has been named the Mexican winner of the F1 Allwyn Global Community Award at the FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MEXICO 2026.

The organisation, which for four decades has specialised in violence prevention and adolescent rehabilitation, has been awarded EUR100,000 from Allwyn, the lottery-led entertainment company. The donation will enable it to support a further 80 adolescents in contact with the justice system to prevent recidivism and facilitate social reintegration.

In Mexico, young people who have come into contact with the justice system face urgent, high-need social challenges that typically receive less visibility and support. Many of these young people face underlying factors such as unresolved trauma, a lack of family support and constructive opportunities. Creating real alternatives for these adolescents and reducing the likelihood of reoffending is a critical challenge affecting local safety and future opportunities.

Fundaci?n Reintegra tackles this issue through a proven model where nine out of ten adolescents who complete its social reintegration programme do not reoffend. The EUR100,000 donation from Allwyn will allow Reintegra to scale this work, providing 80 adolescents and their families with comprehensive individual and family support, socio-emotional skill development, and work-readiness opportunities to help build a life plan away from violence. A prime example is the initiative's bakery social enterprise, which trains and employs young people undergoing community reintegration in artisanal baking and pastry production, equipping them with technical skills, formal work experience, and practical employability.

The organisation's relationship with Formula 1 is already established through a practical connection to the Grand Prix. The FORMULA 1 GRAN PREMIO DE LA CIUDAD DE MEXICO currently supports Reintegra's vocational programme by purchasing bread from their bakery for use in its hospitality areas, demonstrating how race operations help drive positive social impact in the local community.

Jan Karas, CEO at Allwyn Hellas and F1 Allwyn Global Community Award judge, said: "Our goal with the F1 Allwyn Global Community Award is to drive a meaningful, lasting impact in local communities around the world. Fundaci?n Reintegra exemplifies this commitment to transformative change, and we are proud to support their vital work where it matters most."

Margarita P?rez Rocha, Chair of Fundaci?n Reintegra's Board of Directors, said: "We are thrilled to have won the F1 Allwyn Global Community Award. It is crucial to create real opportunities and provide at-risk young people with the tools they need to make different choices and build a different future. To reduce violence and build safer communities, we must address its causes and invest in prevention, socio-emotional development, and opportunities that help build a life away from violence. This donation from Allwyn will help us do exactly that for so many more adolescents and their families who need our support."

Ellen Jones, Head of ESG at Formula 1 and F1 Allwyn Global Community Award judge, added: "At Formula 1, we're focussed on creating meaningful impact in the markets where we race. Fundaci?n Reintegra represents a perfect alignment with this vision. The Mexican Grand Prix already support their incredible work-readiness programme by purchasing their bread for our Grand Prix hospitality, and we are thrilled to further champion their bold, strategic efforts to help young people build a sustainable future."

Fundacion Reintegra is the sixth non-profit to be recognised by the F1 Allwyn Global Community Award in 2026. This follows the Canadian charity La Tablee des Chefs; Austrian non-profit Sindbad Mentoring; the British Starlight Children's Foundation; Dutch charity Spieren voor Spieren; and the recent winner in Austin, the Del Valle ISD Education Foundation. Another organisation will be recognised at the final Grand Prix race location this season in Las Vegas. After all the season's winners have been announced, Formula 1 fans will have the chance to cast their vote on their favourite winning initiatives as part of Allwyn's plan to bring fans closer to the programme.

About Allwyn

Allwyn AG is a multi-national gaming entertainment company, lottery-led and with leading market positions and trusted brands across Europe and North America, listed on Euronext Athens. Its purpose is to make play better for all by focusing on innovation, technology, player safety and returning more to good causes across a growing casual gaming entertainment portfolio.

About Allwyn's partnership with Formula 1

The multi-year partnership with Formula 1 represents a drive towards increased global awareness for Allwyn, with the sport's 24 races across the globe, 750 million fans, and 96 million social media followers, as well as its reach across broadcast channels and entertainment outlets.

The partnership will reinforce Allwyn's position as an international brand driving community impact across the world, in support of its global growth plans.

At the heart of the partnership is the development of initiatives that will support the company's ambition to be a positive contributor to society globally. With Allwyn and Formula 1 equally committed to empowering fans and local communities, the partnership will give Allwyn the opportunity to utilise the sport's ever-growing international fan base to celebrate those making positive change, sharing these inspiring stories on a global level.

About Formula 1

Formula 1 racing began in 1950 and is the world's most prestigious motor racing competition, as well as the world's most popular annual sporting series. Formula One World Championship Limited is part of Formula 1 and holds the exclusive commercial rights to the FIA Formula One World Championship. Formula 1 is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLYVK) attributed to the Formula One Group tracking stock. The F1 logo, F1 Formula 1 logo, Formula 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.

Further information about the F1 Allwyn Global Community Award, including eligibility criteria and the selection process, can be found on our website: https://www.allwyn.com/responsibility/community-award.

About Fundaci?n Reintegra

Fundaci?n Reintegra is a civil society organisation with more than 40 years of experience in violence prevention and the social reintegration of adolescents. Through a comprehensive, proven, and measured model, Reintegra works with adolescents and their families to strengthen socio-emotional skills, family and community relationships, and access to educational, employment, and personal development opportunities.

Reintegra's work demonstrates that social reintegration can produce sustainable results and that, by strengthening the capacities of adolescents and their families, it is possible to prevent violence, reduce reoffending, and build safer communities. For more information, visit: www.reintegra.org.mx

Copyright 2026 GlobeNewswire, Inc.

Expands Robotics-as-a-Service (RaaS) footprint in Singapore's premier hospitality hub, delivering autonomous fleet delivery, smart lift integration, and operational productivity enhancements.

SINGAPORE, Oct. 30, 2026 (GLOBE NEWSWIRE) -- YYForce Inc. (NASDAQ: YFOR) ("YYForce" or the "Company"), a leading technology-driven workforce management and integrated facility solutions provider, today announced the commercial deployment of an 11-robot autonomous service fleet at the dual-branded Novotel Singapore on Stevens and Mercure Singapore on Stevens complex.

Under the 24-month commercial agreement, YYForce is deploying a specialized fleet of autonomous service robots engineered to streamline intra-hotel logistics, guest room deliveries, and inter-floor service workflows across the property's extensive hospitality infrastructure. The deployment reflects an ongoing commitment to advancing Physical AI and automation across commercial real estate portfolios.

Key Highlights of the Commercial Deployment:

Scalable Fleet Architecture: An integrated 11-robot service ecosystem operating seamlessly across daily hospitality and housekeeping workflows to enhance guest engagement and reduce routine service transit times.

Full-Stack Building Automation: End-to-end multi-floor navigation powered by dedicated elevator IoT and API systems integration, allowing the fleet to autonomously call lifts and traverse the multi-tower development.

Telephony & PBX Ecosystem Connectivity: Seamless interoperability with hotel Private Branch Exchange (PBX) and SIP communication protocols, enabling direct in-room automated guest notifications and real-time operational coordination.

Commercial RaaS Growth: Highlights the expanding enterprise adoption of YYForce's Robotics-as-a-Service (RaaS) framework, which delivers recurring high-margin service revenue while eliminating capital expenditure barriers for hospitality partners.

"The commercial deployment of our 11-robot autonomous fleet at Novotel and Mercure on Stevens represents a major operational milestone in physical AI and hospitality automation. By integrating advanced multi-floor elevator IoT, communication networks, and fleet robotics into established enterprise workflows, we are actively solving service labor constraints while driving tangible productivity gains. This deployment underscores the accelerating market demand for our integrated RaaS platform across Southeast Asia's premium hotel assets." - Mike Fu, Chairman and Chief Executive Officer of YYForce Inc.

The 11-unit deployment serves as a commercial blueprint for YYForce's continued rollout of embodied physical AI and smart automation solutions across commercial hospitality and integrated facility management portfolios throughout the Asia-Pacific region.

About YYForce Inc.

YYForce Inc. (NASDAQ: YFOR) is an innovative technology enterprise redefining workforce management, integrated facility services, and commercial operations through AI-enabled platforms and autonomous robotics. Leveraging proprietary marketplace tech, intelligent staffing algorithms, and smart robotics deployment, YYForce empowers enterprise clients across hospitality, logistics, healthcare, and commercial real estate to optimize productivity, enhance service delivery, and navigate the future of work.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on the Company's current expectations, assumptions and information available to it as of the date of this release. Forward-looking statements can be identified by words such as "may," "will," "should," "expects," "anticipates," "plans," "intends," "believes," "estimates," "potential" or similar expressions, or the negative of these terms.

Forward-looking statements in this release include, but are not limited to, statements regarding the timing, scope and expected outcomes of the Company's humanoid robot deployment; potential hospitality and other applications of humanoid robotics; the Company's robotics strategy and future robotics services; and the development, commercialization and adoption of humanoid technologies generally.

Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors.

These factors include, but are not limited to, the Company's goals and strategies; the Company's future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company's revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company's products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company's industry, and other factors that may affect the Company's financial condition, liquidity and results of operations.

For a more detailed discussion of risk factors, please refer to the Company's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section of the Company's most recent annual report on Form 20-F, as amended. Readers should also consider the risks described in the Company's filings with the U.S. Securities and Exchange Commission. YYForce undertakes no obligation to update these statements except as required by applicable law.

Copyright 2026 GlobeNewswire, Inc.

1. Space42 dan Viasat, dua perusahaan pendiri Equatys, bersama Terrestar Solutions menandatangani nota kesepahaman (MoU) untuk mengembangkan kerangka kerja interoperabilitas terbuka berbasis standar antara Equatys dan konstelasi satelit CaStar milik Terrestar 

2. Setiap operator infrastruktur akan tetap memiliki dan mengendalikan aset antariksa dan aset darat serta pelanggan masing-masing. Sementara itu, CaStar akan beroperasi sebagai sistem berdaulat milik Kanada yang tetap dapat terhubung dan beroperasi bersama Equatys secara global

3. Kerangka kerja infrastruktur bersama ini menggabungkan aset yang dikendalikan oleh masing-masing negara dengan infrastruktur satelit bersama berskala global sehingga memungkinkan peningkatan skala dan manfaat ekonomi. Kerangka kerja ini juga mendukung penyediaan layanan konektivitas langsung ke perangkat (direct-to-device) generasi berikutnya serta layanan satelit bergerak canggih bagi negara, perusahaan, dan konsumen di seluruh dunia

OTTAWA, Ontario, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Space42 (ADX: SPACE42), perusahaan Teknologi Antariksa (SpaceTech) berteknologi AI yang berbasis di UEA, Viasat, Inc. (NASDAQ: VSAT), pemimpin global dalam komunikasi satelit dan komunikasi aman, serta Terrestar Solutions Inc., satu-satunya operator layanan satelit bergerak berdaulat di Kanada, hari ini menandatangani nota kesepahaman (MoU) untuk bekerja sama mengembangkan kerangka kerja interoperabilitas terbuka berbasis standar antara CaStar, konstelasi satelit orbit Bumi rendah (LEO) Kanada yang direncanakan oleh Terrestar, dan Equatys, platform infrastruktur bersama global yang direncanakan untuk layanan konektivitas langsung ke perangkat (D2D) serta Layanan Satelit Bergerak (MSS) canggih lainnya.

MoU tersebut ditandatangani di sela-sela kunjungan resmi Yang Mulia Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Putra Mahkota Abu Dhabi, Uni Emirat Arab, ke Kanada. Dalam kunjungan tersebut, Yang Mulia menghadiri pembicaraan dengan Yang Terhormat Mark Carney, Perdana Menteri Kanada.

Kerangka kerja ini dirancang agar kedua sistem, beserta segmen darat masing-masing, dapat terhubung dan beroperasi bersama sebagai infrastruktur jaringan nonterestrial (NTN) multisistem yang terkoordinasi. Setiap operator akan tetap memiliki dan memegang kendali penuh atas asetnya masing-masing. Pendekatan ini dirancang untuk mendukung penerapan dalam skala global sekaligus menjaga kedaulatan nasional atas infrastruktur komunikasi yang vital.

MoU ini mendorong pengembangan model kemitraan yang memadukan posisi Terrestar sebagai penyedia MSS yang dikendalikan dan dioperasikan oleh pihak Kanada dengan peran Equatys sebagai infrastruktur global bersama yang bersifat interoperabel dan mendukung banyak tenant. Infrastruktur ini memungkinkan penyediaan layanan D2D dan MSS canggih dalam lingkungan jaringan 5G. Kolaborasi antara para pendiri Equatys dan Terrestar menjadi contoh pertama penerapan pendekatan "sovereign shell" dari Equatys.

Pendekatan ini menggabungkan sistem komersial global dengan konstelasi satelit yang dioptimalkan untuk negara atau wilayah tertentu. Setiap konstelasi memiliki segmen darat khusus dan dioperasikan oleh operator lokal tepercaya. Seluruh sistem dibangun berdasarkan standar yang sama untuk memastikan interoperabilitas penuh antarsistem.

Para pihak berencana menetapkan lapisan interoperabilitas bersama yang terbuka dan berbasis standar, tanpa bergantung pada integrasi point-to-point dengan teknologi milik pihak tertentu. Pendekatan ini diharapkan dapat mendorong kolaborasi, meningkatkan adopsi, mengurangi belanja modal dan biaya operasional, serta memungkinkan koordinasi yang lebih baik dalam pengelolaan daya, berkas sinyal (beam), kapasitas, dan akses gateway darat di antara sistem yang berpartisipasi.

Pengumuman hari ini menyusul penandatanganan perjanjian yang mengikat antara Space42 dan Viasat pada September 2026 untuk bersama-sama mendirikan Equatys. Pendirian Equatys didukung oleh komitmen penyertaan modal gabungan hingga USD 1 miliar.

Dalam kesempatan tersebut, Karim Michel Sabbagh, Managing Director Space42, mengatakan: "MoU ini menunjukkan bagaimana sistem satelit berdaulat dan infrastruktur global bersama dapat beroperasi secara terintegrasi untuk menyediakan layanan D2D di seluruh dunia. Terrestar tetap mempertahankan posisinya sebagai operator MSS independen di Kanada sekaligus menjajaki peluang untuk berpartisipasi dalam ekosistem yang lebih luas. Kami memperkenalkan model yang memungkinkan kemampuan nasional dan kolaborasi internasional saling memperkuat, bukan saling bersaing."

Mark Dankberg, Chairman dan CEO Viasat, mengatakan: "Dengan mengembangkan arsitektur terbuka global berbasis standar yang dilengkapi kerangka kerja interoperabilitas melalui model infrastruktur bersama, kami terus memperluas ekosistem yang memiliki posisi unik untuk mendorong adopsi massal di pasar D2D dan MSS generasi berikutnya yang signifikan. Kolaborasi dengan Terrestar ini menegaskan pendekatan inovatif Equatys dalam menyediakan landasan yang mendukung pilihan dan interoperabilitas. Pendekatan ini juga memberikan manfaat ekonomi yang menarik melalui efisiensi geografis dan spektrum bagi operator antariksa global, regional, dan nasional yang berpartisipasi. Equatys berkomitmen untuk bekerja sama dengan berbagai pihak di industri antariksa global serta ekosistem yang lebih luas, termasuk MNO, OEM, pemasok chipset, regulator, dan badan standardisasi."

Jacques Leduc, Presiden dan CEO Terrestar Solutions, mengatakan: "Masa depan konektivitas satelit bergerak tidak akan dibangun oleh negara atau konstelasi satelit yang bertindak sendiri-sendiri. Masa depan tersebut akan dibangun melalui jaringan terbuka berbasis standar yang menggabungkan kedaulatan nasional dan jangkauan global, sekaligus memperkuat posisi kami untuk bersaing dalam skala besar. Melalui kerja sama erat dengan ekosistem antariksa Kanada, CaStar menjadi kontribusi Kanada dalam mewujudkan masa depan tersebut. CaStar dikendalikan oleh pihak Kanada, terhubung secara global, dan dirancang untuk bekerja sama dengan negara-negara berkekuatan menengah lainnya seperti Kanada. Kami berharap dapat turut membangun jaringan yang benar-benar berskala global bersama mitra kami di Space42 dan Viasat.

Terrestar berambisi mengintegrasikan jaringan seluler berbasis satelit dan terestrial secara lancar untuk menghadirkan konektivitas pada perangkat sehari-hari. Tujuan kami adalah mewujudkan konektivitas satelit bergerak yang dapat dinikmati oleh setiap warga Kanada, di mana pun mereka tinggal, bekerja, atau bepergian di seluruh dunia. MoU ini barulah permulaan."

Yang Mulia Dr. Thani bin Ahmed Al Zeyoudi, Menteri Perdagangan Luar Negeri, mengatakan: "Hubungan perdagangan dan investasi antara UEA dan Kanada semakin erat, sebagaimana tercermin dalam Perjanjian Kemitraan Ekonomi Komprehensif yang baru saja ditandatangani. Hubungan ini menjadi landasan bagi kerja sama jangka panjang yang saling menguntungkan di sektor-sektor penting. Nota kesepahaman antara Space42, Viasat, dan Terrestar Solutions merupakan contoh nyata dari kerja sama tersebut. Kesepakatan ini menyatukan perusahaan-perusahaan dari UEA, Amerika Serikat, dan Kanada untuk mengembangkan infrastruktur bersama berbasis standar bagi konektivitas satelit generasi berikutnya. Kolaborasi semacam ini mencerminkan visi UEA untuk mempererat integrasi ekonomi melalui kemitraan yang mendorong inovasi lintas negara, dapat berkembang dengan cepat, dan menarik modal jangka panjang."

Kerangka Kerja Kemitraan

MoU ini mencerminkan peralihan dari sistem satelit tertutup yang dioperasikan oleh satu operator menuju model terbuka berbasis standar. Melalui model ini, konstelasi satelit independen dapat terhubung dan beroperasi bersama sebagai infrastruktur NTN multisistem yang terkoordinasi. Berdasarkan kerangka kerja yang diusulkan, para pihak akan menetapkan lapisan interoperabilitas bersama yang terstandardisasi untuk menghubungkan segmen antariksa dan segmen darat masing-masing. Lapisan ini akan mengandalkan antarmuka yang dipublikasikan dan tidak terikat pada vendor tertentu, serta selaras dengan spesifikasi 3GPP NTN, kerangka kerja roaming dan interkoneksi GSMA, serta standar industri lainnya yang diakui. Dengan demikian, ketergantungan pada teknologi milik vendor tertentu dapat dihindari.

Setiap operator yang berpartisipasi akan tetap memegang kendali atas aset antariksa dan aset darat, perizinan, serta hubungan dengan pelanggan masing-masing. Interaksi dengan sistem lain hanya akan dilakukan melalui antarmuka yang telah disepakati. Dalam batasan tersebut, setiap sistem akan menyediakan sumber daya dan kemampuan yang telah ditentukan, seperti daya, beam, dan akses gateway, bagi sistem lainnya. Penyediaan ini didukung oleh mekanisme bersama untuk permintaan sumber daya, alokasi, pemantauan, pencatatan penggunaan, serta penyelesaian pembayaran.

Kerangka kerja ini juga dirancang untuk menghormati kedaulatan dan keamanan nasional. Infrastruktur sistem yang melayani yurisdiksi tertentu dapat ditempatkan dan dioperasikan dengan mematuhi ketentuan setempat terkait peraturan, keamanan, dan akses yang sah. Sebagai contoh, di Kanada, konstelasi CaStar akan beroperasi sebagai sistem nasional yang berdaulat, dengan gateway dan jaringan darat Kanada yang memastikan data domestik tetap berada dalam yurisdiksi Kanada. Sistem ini juga dapat terhubung dan beroperasi bersama Equatys dalam skala global.

Terakhir, kerangka kerja ini dirancang agar dapat diperluas untuk mengakomodasi sistem satelit, operator jaringan seluler, dan penyedia layanan tambahan dari waktu ke waktu. Kerangka kerja ini juga dapat terus berkembang mengikuti rilis-rilis standar industri berikutnya.

Tentang Equatys

Equatys akan menjadi platform infrastruktur antariksa dan darat bersama yang independen dan netral bagi pemegang lisensi layanan konektivitas langsung ke perangkat dan layanan satelit bergerak canggih. Equatys didirikan bersama oleh Space42 dan Viasat berdasarkan perjanjian yang mengikat, dengan dukungan komitmen penyertaan modal gabungan hingga USD 1 miliar. Dengan menerapkan model Perusahaan Menara Telekomunikasi, Equatys dirancang untuk memberikan manfaat ekonomi dan kinerja yang menarik bagi operator global, regional, dan nasional yang memiliki lisensi MSS dan/atau SCS yang sesuai.

Platform ini juga memungkinkan peserta ekosistem memperoleh pilihan, interoperabilitas, dan akses NTN yang menarik secara ekonomi. Seiring bertambahnya jumlah pengguna melalui akses ke spektrum yang terkoordinasi secara global, Equatys berupaya mendorong pertumbuhan yang terus meningkat dan menciptakan nilai berkelanjutan bagi pemegang saham. Platform ini sedang dibangun berdasarkan standar 3GPP NTN.

Untuk mengetahui informasi selengkapnya, kunjungi www.equatys.com

Tentang SPACE42

Space42 (ADX: SPACE42) merupakan perusahaan Teknologi Antariksa (SpaceTech) berteknologi AI yang berbasis di UEA. Perusahaan ini mengintegrasikan komunikasi satelit dan kecerdasan geospasial untuk menerangi Bumi dari ruang angkasa. Space42 beroperasi melalui dua unit bisnis.

Space Services mengoperasikan armada satelit geostasioner, termasuk jaringan seluler Thuraya, untuk menyediakan konektivitas yang aman di darat, laut, dan udara di lebih dari 120 negara. Smart Solutions mengoperasikan konstelasi satelit radar apertur sintetis di orbit Bumi rendah yang mencakup 90% populasi dunia. Unit bisnis ini menggunakan AI untuk mengolah citra tersebut menjadi informasi yang dapat ditindaklanjuti. Space42 melayani pemerintah dan perusahaan di berbagai sektor, termasuk pertahanan dan keamanan, energi, pelestarian lingkungan, serta mobilitas otonom. Pemegang saham utamanya mencakup G42, Mubadala, dan International Holding Company (IHC).

Tentang Viasat

Viasat merupakan perusahaan komunikasi global yang percaya bahwa setiap orang dan setiap hal di dunia dapat terhubung. Dengan kantor di 24 negara di seluruh dunia, misi kami membentuk cara konsumen, bisnis, pemerintah, dan militer di seluruh dunia berkomunikasi dan terhubung.

Viasat tengah mengembangkan jaringan komunikasi global terbaik untuk mendukung koneksi berkualitas tinggi, andal, aman, terjangkau, dan cepat. Jaringan ini dirancang untuk memberikan dampak positif bagi kehidupan masyarakat di mana pun mereka berada, baik di darat, udara, maupun laut, sekaligus membangun masa depan yang berkelanjutan di luar angkasa. Pada Mei 2023, Viasat menyelesaikan akuisisi Inmarsat, menggabungkan tim, teknologi, dan sumber daya kedua perusahaan untuk menciptakan mitra komunikasi global baru. Pelajari lebih lanjut di www.viasat.com, Viasat News Room atau ikuti kami di LinkedIn, X, Instagram, Facebook, Bluesky, Threads, dan YouTube.

Tentang Terrestar Solutions

Terrestar Solutions Inc. merupakan satu-satunya operator satelit bergerak yang dikendalikan oleh pihak Kanada dan turut bersaing untuk menghadirkan layanan satelit langsung ke perangkat (D2D) pada ponsel pintar dan perangkat IoT. Perusahaan ini juga berupaya mewujudkan komunikasi yang dapat diakses di mana saja di Kanada.

Terrestar berkomitmen untuk terus mengembangkan ekosistem jaringan terbuka berbasis standar yang senantiasa berkembang sehingga memungkinkan operator jaringan seluler menyediakan layanan komunikasi yang dapat diakses di mana saja. Berkat satelit Echostar T1, infrastruktur jaringan darat, dan spektrum satelit bergerak pita S sebesar 40 MHz, Terrestar menghubungkan masyarakat Kanada dari hampir seluruh wilayah negara tersebut, termasuk daerah-daerah paling terpencil, melalui Layanan Satelit Bergerak (MSS) Strigo miliknya.

Layanan Strigo juga mendukung organisasi nirlaba dan organisasi First Nations, yang merupakan bukti kuatnya rasa tanggung jawab Perusahaan ini terhadap kesejahteraan dan kemajuan masyarakat yang dilayaninya. Konstelasi satelit orbit Bumi rendah (LEO) CaStar yang akan datang akan mendukung pengembangan layanan satelit agar mampu menghadirkan pengalaman konektivitas layaknya jaringan seluler di seluruh daratan Kanada. Untuk mengetahui informasi selengkapnya, kunjungi terrestarsolutions.ca atau ikuti mereka di LinkedIn.

Pemberitahuan Hukum dan Pernyataan Kehati-hatian terkait informasi berwawasan ke depan

Pengumuman ini memuat pernyataan berwawasan ke depan yang didasarkan pada ekspektasi dan asumsi saat ini mengenai peristiwa di masa mendatang, yang tunduk pada ketentuan perlindungan hukum (safe harbor) berdasarkan Undang-Undang Sekuritas AS Tahun 1933 dan Undang-Undang Bursa Sekuritas AS 1934. Pernyataan ini, yang ditandai dengan istilah seperti "memperkirakan", "akan", "mengantisipasi", "merencanakan", "dirancang", "menargetkan", atau istilah serupa, mengandung risiko dan ketidakpastian serta mungkin terbukti tidak akurat.

Pernyataan berwawasan ke depan mencakup, antara lain, pernyataan yang merujuk ke pembentukan Equatys; waktu dan jumlah penyertaan modal masing-masing pihak; penyediaan layanan D2D global dan layanan satelit bergerak canggih, termasuk waktu peluncuran komersial; pengadaan, perancangan, pembuatan, peluncuran, dan pengoperasian konstelasi generasi pertama Equatys beserta jaringan darat terkait; desain, model bisnis, fitur, kinerja, dan manfaat platform Equatys; kerangka kerja investasi, termasuk manfaat, risiko, dan imbal hasil yang diharapkan; penyelesaian perjanjian definitif, termasuk pemenuhan persyaratan regulasi dan persyaratan penyelesaian transaksi lainnya; serta rencana, tujuan, dan strategi operasional di masa mendatang. Pembaca diingatkan bahwa hasil aktual dapat berbeda secara signifikan dari yang dinyatakan dalam pernyataan berwawasan ke depan apa pun.

Faktor-faktor yang dapat menyebabkan hasil aktual berbeda meliputi: risiko dan ketidakpastian terkait pembentukan Equatys dan penyelesaian perjanjian definitif, termasuk kegagalan memperoleh persetujuan regulasi yang diperlukan; kegagalan memenuhi persyaratan penyelesaian transaksi tepat waktu atau tidak memenuhinya sama sekali; kemampuan para pihak untuk memenuhi komitmen penyertaan modal masing-masing; risiko yang terkait dengan pembangunan, peluncuran, dan pengoperasian satelit, termasuk dampak dari anomali, kegagalan peluncuran, pengoperasian, atau penempatan satelit, maupun penurunan kinerja satelit; perubahan hubungan dengan pelanggan, pemasok, atau mitra ekosistem utama, maupun kondisi keuangan mereka; kemampuan untuk berhasil mengembangkan, memperkenalkan, dan menjual teknologi, produk, serta layanan baru; peningkatan persaingan di pasar sasaran; kemampuan Equatys untuk berhasil melaksanakan rencana bisnisnya sesuai jadwal yang diperkirakan atau bahkan untuk melaksanakannya sama sekali; risiko regulasi; serta risiko lain yang secara umum memengaruhi industri komunikasi dan D2D.

Selain itu, silakan merujuk pada faktor-faktor risiko yang tercantum dalam dokumen Viasat yang disampaikan kepada SEC dan tersedia di www.sec.gov, termasuk Laporan Tahunan terbaru Viasat pada Formulir 10-K dan Laporan Triwulan pada Formulir 10-Q. Pembaca diingatkan agar tidak terlalu bergantung pada pernyataan berwawasan ke depan, yang hanya berlaku pada tanggal pernyataan tersebut dibuat. Para pihak tidak berkewajiban untuk merevisi atau memperbarui pernyataan berwawasan ke depan karena alasan apa pun.

Copyright 2026 GlobeNewswire, Inc.

HONG KONG, Oct. 30, 2026 (GLOBE NEWSWIRE) -- The "Empowering a Sustainable Future" Summit, co-hosted by The Hong Kong and China Gas Company Limited (Towngas) and the International Gas Union (IGU), was successfully held today.

Approximately 500 energy enterprise representatives, governmental officials, and scholars from around 70 countries and regions attended the Summit, discussing topics covering energy security, the green and low-carbon transition, and green finance. Over 1,000 people participated in the Summit both online and offline.

IGU is the world's most influential and authoritative international non-profit membership organisation of the global Gas industry, with members accounting for over 90% of the global Gas market. Amid a backdrop of geopolitical risks and energy price volatility, advancing the green transition while ensuring a stable and secure energy supply remains a shared challenge for the international energy industry.

Mr Tse Chin-wan, Secretary for Environment and Ecology, said in his keynote speech at the opening: "The HKSAR Government has formulated its first Five-Year Plan, which is our comprehensive roadmap for the future. Hong Kong is establishing green and low-carbon hydrogen standards and certification systems that align with both the Chinese mainland and international norms. We are also working on greening our port and developing sustainable aviation fuel, and are determined to bring the city through the green transformation."

Mr Andrea Stegher, President of the IGU, also echoed the core value of Gas in global development in his welcoming speech: "Sustainability, in the industry we represent, the Gas industry, means a fundamental role in sustaining and empowering human progress and global growth, as Gas is essential as an energy source, but also as a fundamental feedstock for fertilisers and for medicines, which are the two pillars of our civilisation today." Therefore, in these complex times, it is crucial to reflect on what sustainability really means.

Speaking of the future paths of energy evolution, Mr Peter Wong Wai-yee, Managing Director of Towngas, emphasised the synergy between traditional and emerging energy sources in his opening remarks: "Natural gas and renewables will be in partnership. Renewables provide incremental clean energy while natural gas ensures the stability of that expansion, jointly meeting surging demand while reducing emissions."

The Summit featured four keynote speeches and panel discussions, bringing together representatives from international energy organisations, energy companies, financial institutions and academic institutions from the Chinese mainland, Hong Kong and across the globe to exchange views and share forward-looking insights.

The first panel discussion featured in-depth discussions on the current state and future development of the natural gas industry. The speakers focused on the Asia-Pacific region's role as the engine of global natural gas growth, exploring three key priorities-diversification, flexibility, and collaboration in energy supply security-as well as long-term supply security. They concluded that "reliability and collaboration" will define the industry's direction over the next decade.

The second panel discussion focused on the development opportunities for the Chinese mainland's natural gas market under the dual carbon goals, as well as the green and low-carbon evolution pathways of the Chinese mainland and Hong Kong. Panellists provided an in-depth analysis of the current state of the natural gas industry and the challenges it faces. In light of the increasingly complex international environment, they recommended further diversifying sources of natural gas imports and optimising supply chain arrangements to mitigate the risk of supply disruptions arising from geopolitical risks.

The third panel discussion in the afternoon discussed strategic directions for Asia's energy development. Panellists from Japan, Singapore, and Malaysia exchanged views on their respective low-carbon transition pathways, suggesting leveraging existing gas pipeline infrastructure to avoid further large-scale investments, thereby reducing costs and shortening decarbonisation timelines. They also advocated for regional harmonisation of certification standards and financing cooperation mechanisms.

The fourth panel discussion focused on the financing of energy evolution. The panellists pointed out that energy security, energy affordability, and decarbonisation goals must advance in parallel, while the core bottleneck for evolution projects lies in their investability. Therefore, bankable projects are needed to support them in attracting capital investment and driving the energy evolution process.

Prior to the Summit, Towngas hosted the IGU Council Meeting in Hong Kong and organised site visits for delegates to its hydrogen pilot project at a padel court in Sai Kung and Hong Kong's first hydrogen-powered EV charging system for a commercial building. The visits provided delegates with first-hand insight into the latest progress of green energy applications in Hong Kong.

In addition, Towngas curated a series of cultural tours for guests, including visits to Hung Shing Temple in Wan Chai, heritage sites in Central and Sheung Wan districts, and Victoria Peak, offering them an opportunity to experience Hong Kong's rich historical heritage and cultural landscape. Towngas also arranged a Victoria Harbour night cruise, allowing guests to experience the unique charm of this dynamic international metropolis.

As the IGU's corporate member representing Hong Kong, Towngas has long been actively involved in the organisation's various international activities. Following its hosting of the Council Meeting and Summit in Hong Kong, Towngas will continue to support IGU's future events around the world, including the 30th World Gas Conference (WGC2028) to be held in London in 2028. Through these engagements, Towngas aims to further promote international exchange and collaboration while sharing with the global community the country's development achievements and Hong Kong's unique story.

Copyright 2026 GlobeNewswire, Inc.

WUHU, China, Oct. 29, 2026 (GLOBE NEWSWIRE) -- On October 21, LUXEED held its Global Brand Launch at Shenshan Intelligent Valley in Wuhu, where its two flagship models, LLounge and Stormax, made their global debut.

Jonathan James Hodder, Senior Designer of LUXEED, and Danny Xia, Vice President of LUXEED International, presented the design philosophy and technology architecture underpinning the two flagships, offering a comprehensive look at the thinking and engineering behind the vehicles.

Design: Reshaping Luxury Aesthetics Through "TIANDIRENHE"

LUXEED's global design philosophy, "TIANDIRENHE" (Heaven, Earth, and Humanity in Harmony), brings together three elements. Heaven shapes the vehicle's form through the principles of airflow, creating a body that flows naturally and confidently through the air. Earth connects design with the powertrain, making the underlying engineering a foundation for the vehicle's form. Humanity puts people first, with driving pleasure at the heart of the design process.

Supported by cutting-edge technology, relation between cabin-body-wheel position, the balance of light and shadow, and aerodynamic efficiency, LUXEED has established four major design aesthetics: Digital Aesthetic, Proportional Aesthetic, Sculptural Aesthetic, and Performance Aesthetic.

Guided by the ambition of "100 METERS, ONE GLANCE, RECOGNIZED," the two flagships express distinct design identities. LLounge conveys presence and refinement through its vertical L-shaped headlights, while Stormax projects a dynamic sense of speed through its horizontal dual-L headlights and wind-cut lines.

Inside the cabin, the design team has developed four defining dimensions: "CLEAR ARCHITECTURE," "LIVING AURA," "ICONIC TOUCH," and "SCULPTED SUPPORT." Color emphasizes "prismatic" shifts with changing light, while materials are guided by the principle of "touch the texture, sense the essence." Craftsmanship follows the standard of "precise to the detail, refined to perfection."

Technology: Reconstructing the Driving Experience Through Intelligent Anticipation

LUXEED's intelligent driving technology is built on three pillars: one-stage end-to-end learning, reinforcement learning, and world models. Together, these technologies aim to move beyond simply perceiving the environment toward understanding and anticipating it. Supported by world models and eight layers of hardware redundancy, the intelligent driving assistance system is designed to handle diverse road conditions, including urban streets and highways, while anticipating changes in the driving environment.

Inside the cabin, the 8397 intelligent chip, multimodal sensing architecture, and onboard AI model work together to recognize occupants' states and their surroundings, enabling more proactive, responsive interactions.

The Vehicle Motion Control (VMC) system coordinates six key vehicle systems: electric drive, thermal management, body control, steering, suspension, and braking. It achieves end-to-end decision latency of less than 1ms, with coordinated control capability more than 10 times that of traditional systems.

The chassis combines dual-chamber air suspension, dual-valve Continuous Damping Control (CDC), an all-aluminum double-wishbone front suspension, and a five-link rear suspension to balance ride comfort and vehicle stability. Rear-wheel steering of up to ?7? enables the over 5.3-metre-long LLounge to achieve a turning radius of just 5.35 metres, enhancing manoeuvrability despite its size.

Technology also enhances comfort, privacy, and safety. Adjustable-tint privacy glass can change to an opaque state in one second, with a shading rate of ≥99.6%. A privacy sound shield and 33-speaker audio system further enhance the cabin experience. Meanwhile, 2,400 MPa steel, wraparound airbags, and the 3-6-0 comprehensive safety system provide an additional foundation for occupant protection.

From its "TIANDIRENHE" design philosophy to its technology architecture built around intelligent anticipation, LUXEED brings design and engineering together to express a distinctive vision of luxury in the intelligent era. The global debut of LLounge and Stormax marks an important step in establishing the brand's global product portfolio.

Copyright 2026 GlobeNewswire, Inc.

WUHU, China, Oct. 29, 2026 (GLOBE NEWSWIRE) -- LUXEED staged its Global Brand Launch in Wuhu on October 21, unveiling its two flagships: the high-performance luxury sport SUV Stormax and the flagship luxury business MPV LLounge.

At the launch, LUXEED unveiled the core design and technologies underpinning the vehicles' driving dynamics, while defining its global proposition for driving pleasure. Stormax, a high-performance luxury sport model, is engineered for pure driving control, while LLounge, the brand's flagship luxury business model, focuses on effortless, refined comfort.

Although designed for different needs, both reflect LUXEED's belief that driving pleasure is not exclusive to sports cars, but the shared value at the core of both flagships.

Core Architecture: Engineering the Foundation of Driving Pleasure

Both flagships feature Vehicle Motion Control (VMC), which coordinates six vehicle domains-electric drive, braking, steering, suspension, body control and thermal management-to deliver precise, responsive handling. Both models are also equipped with dual-chamber air suspension and Continuous Damping Control (CDC) dampers, helping absorb road imperfections, control body movement and reduce roll through corners.

Stormax further enhances its driving dynamics with a suite of performance-focused hardware, including 6-piston fixed front calipers with FNC-ventilated brake discs, an all-aluminum double-wishbone front suspension with virtual steering axis and four ball joints, and a five-link independent rear suspension, adaptive to every road condition.

Combining global R&D capabilities with specialist chassis engineering and meticulous calibration, LUXEED brings hardware and software together to establish a strong foundation for driving pleasure.

Performance in Reserve: Confidence When It Counts

Building on LUXEED's AERO WING design language, Stormax features sculpted surfaces shaped to enhance aerodynamic efficiency and overall performance. With acceleration from 0 to 100 km/h in 3.8 seconds and a top speed of 251 km/h, it delivers serious performance. Yet the focus extends beyond outright speed to confident, composed control. When BOOST mode is activated, the powertrain delivers an immediate surge of power, putting exhilarating performance at the driver's command.

Big Vehicle, Nimble Handling: A Different Kind of Driving Pleasure

Despite its length of more than 5.3 metres, LLounge delivers agile, confident handling without compromising driving performance. Its rear-wheel steering system, with a steering angle of up to ?7?, helps the more-than-5.3-metre-long MPV achieve a turning radius of just 5.35 metres. The system enhances manoeuvrability during U-turns and parking while helping maintain stability at higher speeds. The result is a more agile, assured driving experience in a vehicle of this size.

Driving Pleasure that Sets You Free

For LUXEED, driving pleasure means making every journey more engaging. Built on a strong technical foundation, pioneering design, performance reserves and advanced chassis hardware, LUXEED delivers a responsive, agile and composed driving experience. Across models designed for different needs, the brand makes driving pleasure a defining part of the experience-bringing its promise of "Driving Pleasure that Sets You Free" to life.

At the launch, LUXEED also unveiled its global expansion roadmap. From 2026 to 2030, the brand plans to enter more than 60 markets worldwide, bringing its driving pleasure to more customers through "one global standard, one enriched experience" - consistent products, retail experiences and services across markets.

Copyright 2026 GlobeNewswire, Inc.

How does Pharmaprojects data reveal drug trends, competition and opportunities?

NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Citeline, a Norstella company and leading provider of clinical, drug and commercial intelligence for the life sciences industry, continues its partnership with LEO Pharma, a global leader in medical dermatology, to provide pharmaceutical pipeline intelligence.

Information on drugs in development is ingested from Citeline's Pharmaprojects database into LEO Pharma's proprietary AI tool, the Innoviewer, supporting LEO Pharma in monitoring industry competition as well as identifying market opportunities for partnerships, licensing and acquisitions.

Pharmaprojects contains 90,000 drug profiles - including 20,000 in active development - delivering a complete view of the global R&D pipeline across diseases, drugs, and companies. Spanning the drug development lifecycle from early discovery to launch, Pharmaprojects data also reveals medical device and AI-driven health trends.

"For over forty years, Pharmaprojects has provided the industry with timely, accurate and comprehensive information for drugs in development," says Suzanne Caruso, President, Citeline Clinical, Regulatory and Strategic Intelligence at Norstella. "Our data is curated by subject-matter experts who not only track trends but analyze them, too. This enables our customers, like LEO Pharma, to make highly informed business decisions. And with our API, we offer a seamless way for customers to integrate our gold-standard data into their own platforms."

"We are pleased to continue our collaboration with Citeline, integrating external data with our internal knowledge about skin biology and dermatology to help power our machine-assisted asset scouting and evaluation," says Mikkel Lundorf, Digital Lead, External Innovation, LEO Pharma A/S.

To learn more about Pharmaprojects, visit Citeline.com.

About Citeline

Citeline, backed by the strength of Norstella, the AI company for biopharma's highest-stakes decisions, powers a full suite of complementary business intelligence offerings to meet the evolving needs of life science professionals to accelerate the connection of treatments to patients and patients to treatments. These patient-focused solutions and services deliver and analyze data used to drive clinical-, commercial- and regulatory-related decisions and create real-world opportunities for growth.

Citeline's global teams of analysts, journalists and consultants keep their fingers on the pulse of the pharmaceutical, biomedical and medtech industries, covering them all with expert insights: key diseases, clinical trials, drug R&D and approvals, market forecasts and more. For more information on one of the world's most trusted health science partners, visit Citeline and follow on LinkedIn and X.

Copyright 2026 GlobeNewswire, Inc.

Source: PhotonPay

Led by Blockchain Capital, the funding will accelerate the expansion of PhotonPay's stablecoin-centric Financial OS, connecting stablecoin liquidity with global fiat networks to unlock digital assets for everyday corporate operations and cross-border settlement.

HONG KONG SAR - Media OutReach Newswire - 29 October 2026 - PhotonPay today announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.

The new capital will support the expansion of PhotonPay's stablecoin-centric Financial Operating System (Financial OS), with investment focused on enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in key markets, and developing an agent-ready financial execution layer.

As of August 2026, PhotonPay's annualized transaction volume reached US$65 billion. The company has secured 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia, and serves over 200,000 business customers across more than 200 countries and territories.

As stablecoins move beyond crypto-native use cases into corporate treasury, settlement and commercial spending, PhotonPay sees the next phase of global finance not as a choice between stablecoins and fiat currencies, but as the convergence of both. Its Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations.

"Moving money across borders in seconds means little if it still takes days to put that capital to work," said Lewison Chen, Founder and CEO of PhotonPay. "Stablecoins are accelerating global money movement, while local clearing and global card issuing connect that liquidity to local settlement and everyday business spending. Our Financial OS brings these capabilities together, making the underlying infrastructure far less visible to businesses, even as it becomes more essential than ever."

"At the same time, business software is becoming increasingly autonomous," Chen added. "AI is shifting financial workflows from people manually operating fragmented tools toward systems that understand business intent and coordinate execution across assets, accounts and financial rails. That creates the foundation for agentic commerce. Stablecoins change how money moves. AI changes how it gets put to work. But commerce is still what money is for."

Moving Money Across Assets and Markets

PhotonPay's Financial OS brings together multi-asset wallets, global money movement, foreign exchange, local clearing, and global card issuing through an integrated API-first architecture. This unified system gives businesses access to the financial capabilities they need to manage and deploy funds across markets.

Stablecoins sit at the core of this architecture. PhotonPay's multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow. This enables businesses to move funds across supported on-chain and traditional financial networks, turning digital asset liquidity into purchasing power for local payments and everyday corporate spending.

Supporting this dual-rail infrastructure is PhotonPay's established global financial network. Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, including payouts to 74 major local e-wallets. Approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.

Global card issuing extends these capabilities into programmable business spending. Through PhotonPay's APIs, businesses and platforms can issue virtual and physical cards, configure granular spending controls, and embed card payments directly into their software and automated workflows. Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% YoY.

Beyond its first-party payment solutions, PhotonPay makes its infrastructure available through embedded finance, enabling technology platforms to natively integrate global accounts, payments, and card issuing into their own products. The company now serves more than 100 enterprise and platform partners, extending the reach of its Financial OS into industry-specific workflows.

From Financial Intent to Agentic Commerce

As AI agents assume active operational roles, financial infrastructure must evolve beyond API access to enable programmable, policy-governed execution. It requires systems capable of translating high-level instructions into coordinated financial actions, with deterministic controls governing how those actions are executed.

In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.

Building on this milestone, PhotonPay is developing standardized financial interfaces designed for developers and AI agents. With planned support for the Model Context Protocol (MCP), PhotonPay aims to make account information, balances, card functions, and payments accessible as composable financial primitives, allowing AI agents to securely retrieve context and initiate financial workflows within defined authorization boundaries.

To govern this agent-ready layer, PhotonPay is developing a policy-based execution framework designed to enforce programmable authorization rules, spending limits, and transaction-level controls. The framework is intended to enable AI agents to coordinate financial tasks across supported accounts and assets, while ensuring that execution remains subject to explicit, enforceable policies set by businesses.

PhotonPay is also advancing its AI-assisted risk review capabilities, designed to identify complex cases for human assessment. Together, these initiatives reflect a foundational principle of autonomous finance: AI may interpret intent and coordinate tasks, but financial execution must remain governed by verifiable authorization, deterministic controls, and auditable records.

"Connecting financial networks is only the beginning. The real breakthrough is abstracting that complexity behind a unified, programmable financial layer, so businesses and AI agents can move from intent to execution within clearly defined boundaries," said Chen.

Simple on the Surface, Deep by Design

The promise of a Financial OS is simplicity: enabling businesses to manage assets, route money, and execute payments through a unified financial operating layer. Yet delivering that simplicity requires deep financial infrastructure beneath the surface.

While stablecoins accelerate borderless value transfer, turning that liquidity into local settlement, supplier payments, and corporate spending still depends on established banking relationships, domestic clearing rails, foreign exchange infrastructure, and global card networks. Each market brings its own regulatory and operational requirements.

For PhotonPay, building a Financial OS means abstracting these fragmented global networks into a programmable, interconnected financial system. The objective is not to eliminate financial complexity, but to manage it within the underlying infrastructure, so businesses can operate without having to navigate these systems themselves.

"AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them," said JP Pi, Chief Compliance Officer at PhotonPay. "Establishing local financial capabilities takes years of investment, institutional partnerships, and regulatory engagement. Software or AI models alone cannot replicate that depth. The simplicity businesses experience is the result of that heavy lifting, not a substitute for it."

PhotonPay has engineered a financial foundation spanning both stablecoin and fiat rails, connecting multi-asset conversion with local clearing networks. Institutional partnerships with J.P. Morgan, Standard Chartered, and DBS, alongside connections to domestic payment systems such as Brazil's Pix and Mexico's SPEI, form the backbone of this network.

The new capital will enable PhotonPay to strengthen its local clearing and compliance infrastructure in existing markets while expanding into new jurisdictions, scaling the reach of its Financial OS across corporate spending, embedded finance, and agentic commerce.

"Businesses want one provider that can handle their payments across currencies and markets, whether they're using bank transfers, stablecoins or cards. Lewison and his team have spent a decade building the banking relationships, licenses and local payment infrastructure to deliver that. We believe PhotonPay's ability to bring these capabilities together gives it a strong advantage as businesses adopt stablecoins for everyday payments." - BCAP，Yuanhan Li，Partner

"As stablecoins become increasingly integrated into global payment systems, bridging digital assets with traditional financial infrastructure will be essential to unlocking their real-world potential. PhotonPay's established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group's strategy to advance digital financial infrastructure and expand the practical adoption of digital assets. We look forward to supporting PhotonPay's continued growth and exploring opportunities for strategic collaboration across the SBI Group ecosystem." - Eiichiro So, CEO & Managing Director of SBI Ven Capital

About PhotonPay

Founded in Hong Kong in 2015, PhotonPay is a global fintech company building a next-generation, stablecoin-centric Financial Operating System (Financial OS). Its API-first architecture brings together multi-asset wallets supporting stablecoins and fiat currencies, global money movement, foreign exchange, global card issuing, embedded finance, and local clearing infrastructure, connecting digital and traditional financial rails within an integrated financial system.

PhotonPay operates 16 offices worldwide, employs nearly 600 people, and holds 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia. The company serves businesses across more than 200 countries and territories.

For more information, visit www.photonpay.com.

The issuer is solely responsible for the content of this announcement.

Hashtags: #PhotonPay #SeriesC #Stablecoin

https://www.photonpay.com

Teams can import a Katalon Studio project as a single zip, see exactly which steps will carry over before anything is created, and land every supported test case as an already-authored KaneAI test in a new Test Manager project

SAN FRANCISCO and NOIDA, Oct. 29, 2026 (GLOBE NEWSWIRE) -- TestMu AI, the Full Stack Agentic AI Quality Engineering platform, announced one-click migration from Katalon. Teams can now move their Katalon Studio desktop web tests into KaneAI, TestMu AI's end-to-end AI testing agent, without retyping or rebuilding a single test.

The migration runs inside TestMu AI Test Manager. A team uploads its Katalon project as one zip file of up to 500 MB. Test Manager reads the archive, finds the test suites and test cases, and translates the Katalon operations it recognizes into KaneAI instructions. Every supported test case lands in a new Test Manager project as a KaneAI New Experience test that is ready to open, edit and run the moment the import finishes.

What sets the migration apart is the review that happens before anything is created. A four-screen step-by-step review shows  which steps translate, which are excluded, and which KaneAI handles on its own, such as opening, maximizing and closing the browser. Each supported case carries an "Imports X of Y steps" count and conversion notes that flag where a translated step may behave differently from the original. Teams decide what comes across; nothing is created until they confirm the final preview.

Key capabilities of the Katalon migration:

*         Authored, not archived: Imported cases arrive as editable KaneAI tests, not read-only copies of the original suite.

*         Compatibility shown up front: Supported and unsupported cases are listed separately, with a Step Error Type filter that groups incompatibilities by category so large projects can be triaged at once.

*         Partial imports are a choice: Cases with unsupported steps stay excluded by default. Teams can use Import Anyway to bring in the supported steps and repair the rest in KaneAI.

*         Masked values restored on the way in: The review lists  every masked variable from the Katalon export and lets teams save each value as a Secret or a Global Variable.

*         Work continues during import: The import runs in the background, with progress shown on the Projects page and an email on completion.

Once imported, cases behave like any other case in Test Manager. They can be versioned, grouped into plans and cycles, linked to defects. Migration currently covers desktop web tests only; it does not bring over mobile app tests, generated code, step screenshots or past execution history.

"Teams rarely stay on a testing tool because they love it. They stay because moving years of test cases is painful," said Mudit Singh, Co-Founder, TestMu AI. "Katalon migration removes that wall. You upload a zip, see exactly what will carry over, and your tests arrive in KaneAI already authored and ready to run. We built the review step on purpose. No one should migrate blind, and no one should have to rebuild what they already have."

Katalon migration is available now to all TestMu AI users with access to Test Manager, under Projects > Import Data. To get started, read the migration guide or the walkthrough on the TestMu AI blog.

About TestMu AI

TestMu AI is a Full Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality across web, mobile, and enterprise applications on real devices, real browsers, and custom real-world environments. TestMu AI Agents accelerate testing throughout the entire SDLC, moving beyond automation to agentic intelligence.

Copyright 2026 GlobeNewswire, Inc.

Signing ceremony for the cooperation memoranda

JS007 for the First-Line Treatment of Advanced Hepatocellular Carcinoma

SHANGHAI, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Shanghai Junshi Biosciences Co., Ltd (Junshi Biosciences, HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced that the first patient dosing has been completed in a multi-center, randomized, controlled, and open-label phase 3 clinical study evaluating the efficacy and safety of the company's product, recombinant humanized anti-PD-1/VEGF bispecific antibody (code: JS207), in combination with recombinant humanized anti-CTLA-4 monoclonal antibody (code: JS007) compared to toripalimab in combination with bevacizumab for the first-line treatment of advanced hepatocellular carcinoma (JS207-017-III-HCC Study, NCT07823348).

Liver cancer is a common malignant tumor of the digestive system worldwide, with hepatocellular carcinoma (HCC) being the main pathological type (accounting for approximately 90%). China bears an exceptionally heavy disease burden of liver cancer. According to statistics of GLOBOCAN 2024, there were approximately 354,100 new liver cancer cases and 303,800 liver cancer deaths in China in 2024, making it the second leading cause of cancer-related death after lung cancer. Due to its insidious onset, over 50% of patients are diagnosed at an intermediate or advanced stage.

Systemic therapy is an important treatment modality for intermediate and advanced liver cancer, which primarily includes molecular targeted drugs, immunotherapy and systemic chemotherapy. However, as the median overall survival of current first-line systemic therapies is less than 2 years, there remain substantial unmet clinical needs for patients with intermediate and advanced liver cancer.

In October 2026, the results of a phase 2 clinical study of JS207 in combination with JS007 for the first-line treatment of advanced HCC were presented at the European Society for Medical Oncology (ESMO) Congress 2026 (Abstract No.: #1693eP). The study results showed that the drug combination therapy exhibited robust anti-tumor activity. A total of 36 patients received treatment of JS207 in combination with JS007 (3 mg/kg Q6W for two cycles, and 1 mg/kg Q6W (i.e. recommended dose) thereafter). Among 34 efficacy-evaluable patients, the objective response rate (ORR) of combined treatment reached 44.1%, the disease control rate (DCR) reached 85.3%, the median progression-free survival (PFS) had not yet been reached, and the six-month PFS rate reached 67%. The drug combination therapy was well tolerated.

JS207-017-III-HCC study is a multi-center, randomized, controlled, open-label phase 3 clinical study. The study aims to evaluate the efficacy and safety of JS207 in combination with JS007 compared to toripalimab in combination with bevacizumab for the first-line treatment of advanced hepatocellular carcinoma. This study plans to enroll 560 subjects, and the primary endpoints are PFS and overall survival (OS).

About JS207

JS207 is a recombinant humanized anti-PD-1/VEGF bispecific antibody self-developed by Junshi Biosciences, mainly used for the treatment of advanced malignant tumors. JS207 can simultaneously bind to PD-1 and VEGFA with high affinity, effectively block the binding of PD-1 to PD-L1 and PD-L2, and inhibit the binding of VEGF to its receptor. JS207 has the efficacy properties of both immunotherapeutic drugs and anti-angiogenic drugs. Through the neutralization of VEGF, JS207 inhibits the proliferation of vascular endothelial cells, improves the tumor microenvironment and increases the infiltration of cytotoxic T lymphocytes in the tumor microenvironment, thereby achieving better anti-tumor activity.

JS207 is designed based on the high-affinity, clinically proven and differentiated anti-PD-1 drug toripalimab as the backbone. The anti-PD-1 moiety of JS207 adopts a Fab structure to maintain binding affinity to PD-1 and thereby attain better enrichment in the tumor microenvironment. The anti-VEGF moiety has a binding affinity for human vascular endothelial growth factor that is comparable to that of bevacizumab. In non-clinical in vitro cytological tests, compared with the combination of an anti-PD-1/PD-L1 monoclonal antibody and a VEGF monoclonal antibody, a bispecific antibody simultaneously targeting PD-1/PD-L1 and VEGF demonstrated significantly enhanced PD-1 antigen binding and internalization, and synergistic enhancement of the NFAT signaling pathway, thereby better activating immune cells in the tumor microenvironment.

About JS007

JS007 is a recombinant humanized anti-CTLA-4 monoclonal antibody injection self-developed by the Company, mainly used for the treatment of advanced malignant tumors. Cytotoxic T lymphocyte-associated antigen-4 (CTLA-4) is an important receptor for T cell surface modulates immune response. Studies have shown that JS007 is able to bind to CTLA-4 specifically and block the interaction between CTLA-4 and its ligand B7 (CD80 or CD86) effectively, thereby activates T-lymphocyte and inhibits the growth of tumor.

About Junshi Biosciences

Founded in December 2012, Junshi Biosciences (HKEX: 1877; SSE: 688180) is an innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of innovative therapeutics. With our outstanding capacity for innovative drug discovery, strong biotechnology R&D capability, and large-scale production capacity, we have successfully developed a drug candidate portfolio with global competitiveness and a well-structured research pipeline, which covers therapeutic areas including cancer, autoimmune, metabolic, and infectious diseases.

Our innovative field spans cutting-edge therapeutic modalities, including mAbs, small-molecule drugs, ADCs, bsAb/msAb, fusion proteins, nucleic acid drugs and vaccines. Five of the company's products have received marketing authorizations in China and international markets, one of which is toripalimab, China's domestically developed anti-PD-1 monoclonal antibody. Toripalimab has been approved in over 50 countries and regions including China, the US, and Europe.

With a mission of "providing patients with world-class, trustworthy, affordable, and innovative drugs," Junshi Biosciences is "In China, For Global." The company currently employs more than 3,000 people worldwide. Headquartered in Shanghai, China, it has a business presence in multiple countries and regions around the world. For more information, please visit: http://www.junshipharma.com.

Copyright 2026 GlobeNewswire, Inc.

Two new data centres aim to bring robust infrastructure, lower latency and in-region data residency to local and European customers

New AI and cloud products unveiled to meet the growing demand of enterprise AI in Europe

AMSTERDAM, NETHERLANDS - Media OutReach Newswire - 29 October 2026 - Alibaba Cloud, a leading global provider of AI infrastructure and the intelligence backbone of Alibaba Group, today announced the launch of its first public cloud region in the Netherlands, located in Amsterdam, with two new data centres now available to meet growing European demand for cloud and AI services. The announcement was made at the first International Apsara Conference, Alibaba Cloud's flagship technology event in Amsterdam, the Netherlands.

"The Netherlands is one of Europe's most vibrant digital economies, and our first region here is a direct response to the strong demand we see from local businesses building and scaling with AI. By bringing our advanced AI and cloud capabilities to Amsterdam, we are giving customers the in-region infrastructure, performance and data residency they need to innovate faster, scale securely and operate with greater efficiency in the AI era," said Dr. Feifei Li, Chief Technology Officer and President of International Business, Alibaba Cloud Intelligence.

The launch reflects surging customer demand as European businesses scale cloud-native operations and integrate AI at scale. By establishing infrastructure locally, Alibaba Cloud can deliver more resilient, low-latency services, strengthen disaster recovery, and support customers who require their data to be processed and stored locally in Netherlands and within Europe.

The new region offers a comprehensive suite of cloud computing products-spanning elastic computing, storage, container, networking, big data, security, database and cloud-native services. To meet the growing demand for enterprise agents across Europe, Alibaba Cloud also plans to bring a suite of agentic AI services to the region.

These products include ACS Agent Sandbox, which provides hardware-level security isolation while reducing the operational cost of AI agents; Agent Security Center, an integrated defense platform for AI agents; AI Security Guardrails 2.0, an upgraded security solution with end-to-end risk detection capabilities; Agentic SOC, an enterprise-grade, AI agent-driven security operations platform; and STAROps, a comprehensive intelligent operations platform. Together, these products are designed to streamline the building and running of enterprise-scale agents in a secure environment, giving enterprises full-cycle management of agent engineering.

During the conference, Alibaba Cloud also unveiled the latest generation of Apsara Stack, a flexible hybrid cloud solution built on public cloud architecture for public sector and enterprise AI workloads. The new solution delivers more than 80 cloud and AI products and provides round-the-clock service to customers worldwide. Powered by AI-driven operations and maintenance, it has improved operational accuracy to 92.5% and increased automation rates to 70%.

Apsara Stack offers a seamless hybrid cloud experience by bringing full-stack capabilities on premises. The platform combines flexible deployment and licensing with robust disaster recovery and enhanced security. This enables finance, telecom and public sector organizations to maintain controlled asset ownership and compliance while benefiting from agile cloud scalability.

Building a Robust Ecosystem with Customers and Partners to Thrive in the AI-powered Digital Era

As AI and cloud adoption accelerate, the new Netherlands region enhances Alibaba Cloud's ability to deliver AI-ready infrastructure to European businesses?improving resilience, reducing latency, strengthening data localisation and supporting broader digital transformation goals. A growing ecosystem of Netherlands-based innovators is already building on Alibaba Cloud's advanced and secure cloud and AI technologies.

JetBrains, a software development company is working with Alibaba Cloud to explore the integration of Qwen models to power Junie, JetBrains AI coding assistant, across both cloud and local scenarios. The collaboration gives JetBrains and its developers strong cost-to-performance, early access to frontier Qwen models, and the flexibility to choose where models run ? from in-region cloud to fully local, on-device setups.

"AI development is moving quickly, and developers need the freedom to choose the tools and models that work best for them. Working with Alibaba Cloud gives us an opportunity to combine JetBrains' expertise in software development and AI with Alibaba Cloud's infrastructure and AI capabilities, giving developers more choice while keeping them in control of how they build with AI," said Kirill Skrygan, CEO of JetBrains.

Netherlands-based LLM platform orq.ai has partnered with Alibaba Cloud to integrate Qwen models into its hosted model garden, served natively from Alibaba Cloud's AI development platform Model Studio. This integration allows orq.ai's customers to access diversified cutting-edge generative AI while maintaining strict EU data localisation.

"For us at orq.ai, the value of local infrastructure is what businesses can build on it. We welcome Alibaba's investment in the Netherlands and look forward to working together to help more organisations put AI into everyday use in a reliable and scalable way," said Anthony Diaz, Co-Founder and CPTO, orq.ai.

Monks, a global digital-first marketing and technology services company headquartered in Amsterdam is integrating Alibaba's latest generative AI models into Monks.Flow, its proprietary end-to-end AI marketing platform through Alibaba Cloud Model Studio platform. By leveraging Alibaba Cloud's advanced AI capabilities, Monks can deliver highly ambitious creative assets faster, providing global brands with greater speed-to-market and flexible token optionality. The companies plan to expand the use of these models beyond content creation into wider marketing workflows, with Monks adopting Alibaba latest AI models in the future.

"AI moves fast. Our job is to turn that progress into a creative and commercial advantage for our clients, and to provide flexibility and optionality in their token usage. Our partnership with Alibaba Cloud will give our teams access to its latest image, video and language models for use in Monks.Flow, helping us bring more ambitious ideas to life and get great work into market faster," said Wesley ter Haar, Co-Founder of Monks and Chief AI Officer.

Magnific, the world's leading AI platform for creatives serving more than one million subscribers and thousands of enterprise clients worldwide, has integrated Alibaba's advanced AI models into its platform to help content creators generate, enhance, and refine content more efficiently, while unlocking new levels of creativity and productivity.

"We are pleased to partner with Alibaba and integrate its advanced AI models into Magnific. This collaboration strengthens our platform and gives creators more powerful tools to accelerate their work and expand their creative possibilities," said Jose Florido, CGO from Magnific.

Idea.ai, an Amsterdam-based digital design marketplace, has leveraged Alibaba's advanced AI models to power its next generation of generative media inside idea.ai, delivering high-quality, cost-competitive creative tools to its tens of millions of registered users. The two companies plan to deepen their collaboration across the full creative spectrum.

"We are committed to making great creative tools accessible to everyone, and Alibaba Cloud's advanced AI models help us deliver that at scale cost-effectively. This is just the start; we're excited to deepen the collaboration across the whole creative industry," said Roemie Hillenaar, CEO and Co-founder, Idea.ai.

Alibaba Cloud's Growing Presence Across Europe

As part of Alibaba's previously announced US$53 billion investment in AI and cloud infrastructure, the new Netherlands region expands Alibaba Cloud's global infrastructure to 109 availability zones across 32 regions worldwide, providing secure, scalable and robust cloud and AI infrastructure to support customers everywhere on their digital innovation journeys.

Joining Alibaba Cloud's existing European regions in Germany (Frankfurt), the UK (London) and France (Paris), the Netherlands becomes the company's fourth region in Europe, giving businesses more in-region options for data residency and keeping their data and AI workloads within Europe.

In addition, Alibaba Cloud is also planning to establish its first cloud regions in Finland, while expanding its data center footprints in Germany and France over the next 12 months. The expansion will further increase Alibaba Cloud's global computing capacity and strengthen its ability to provide localized cloud and AI services to customers across key European markets.

About Alibaba Cloud

Alibaba Cloud (www.alibabacloud.com) is a global leader in full-stack AI+Cloud solutions. It offers a comprehensive suite of flexible, scalable and secure cloud services built on a three-tiered architecture of Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Model-as-a-Service (MaaS). Alibaba Cloud empowers enterprises worldwide with its full-stack AI capabilities, powered by Qwen (Chinese: Qianwen), a family of large language and multimodal AI models developed by Alibaba. Debuted in 2023, Qwen models are available to global developers via HuggingFace (open-weight) or through API on Model Studio, Alibaba's one-stop, enterprise-grade AI development platform offering access to the full suite of Qwen foundation models.

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