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The Power Is Back On: LIBO (a Hape Company) Debuts the New PowerOn™ Energy-Generating Soccer Ball at New York Toy Fair 2026, Ahead of Broader Retail and E-Commerce Launch Later This Year

This year’s Hape booth showcases PowerOn™, a next-generation, air-filled soccer ball that turns play into usable power and community impact — building on the original concept previously known as SOCCKET®, now enhanced for improved playability, durability, and accessibility.

NEW YORK, Feb. 12, 2026 /PRNewswire/ — Life Is Better Outside (LIBO), a subsidiary of Hape, will debut PowerOn™, the world’s only energy-generating soccer ball, at New York Toy Fair 2026. Attendees can experience it first-hand at the Hape booth #635 beginning February 14, 2026, where the ball’s kinetic energy technology is showcased powering small external devices via USB-C and illuminating through its integrated lighting feature.

Built on the simple idea that the more you play, the more power you create, PowerOn is designed to resonate with parents, educators, and young athletes alike—bringing together sport, STEM learning, and real-world utility in a single product.


A New Era of Play-Powered Innovation

PowerOn represents the next evolution of the original SOCCKET energy-generating concept—reimagined for today’s families, communities, and modern play. The new version is air-filled for dramatically improved playability, engineered for greater durability, and is designed to be more accessible, with manufacturing efficiencies targeted to bring the product to market at an estimated 30–40% lower cost than earlier generations.

“PowerOn represents a new generation of play-powered products,” said Ed O’Brien, Managing Director of LIBO. “We’re committed to building an entire platform of energy-generating sports and play—from soccer to other ball sports and beyond—and Toy Fair is the perfect place to reintroduce this category to the world.”


Purpose Built for Everyday Life—and When It Matters Most

PowerOn is designed for both daily play and practical utility. In addition to helping kids stay active, the product’s generated energy can be used in moments when backup power and light are especially meaningful—whether at home during outages or as part of broader community and humanitarian use cases.

LIBO also plans to continue the impact model behind the original SOCCKET product: for every 10 PowerOn balls purchased, one will be sponsored for a community in need and distributed through partner organizations and programs.

Continuing the SOCCKET Legacy

LIBO acquired Uncharted Power’s energy-generating play product business to carry the SOCCKET legacy forward through PowerOn, grounded in the idea that play can create real-world value.

The original SOCCKET ball was invented by Jessica O. Matthews while she was a student at Harvard. Matthews held dual U.S.–Nigeria citizenship, and an experience during a family trip to Nigeria—in which frequent power outages forced reliance on noisy diesel generators—helped spark her belief that energy access could be reimagined through simple, everyday activities.

SOCCKET and Uncharted’s early energy-generating play work drew support from athletes and cultural leaders over the years, including Magic Johnson, Carmelo Anthony, and Chris Paul, helping raise awareness of the intersection of play and community impact.

“I created the first version of this ball because I wanted to prove—especially to kids and families facing daily challenges—that you don’t have to accept the status quo,” said Matthews. “It was born from a desire to solve a real problem, and seeing PowerOn bring that idea forward with better playability, broader accessibility, and a renewed commitment to community impact is incredibly meaningful.”

What’s Next: World Cup Activations and Retail Availability

Following Toy Fair, LIBO plans PowerOn activations tied to global football culture and major summer moments, including events aligned with World Cup host cities, ahead of anticipated retail availability later in Fall 2026.

To learn more, schedule a demo, or request press materials, visit PowerOnBall.com or contact Swerve Strategic (contact info below).

Product & Press Information

 Toy Fair Location: Hape Booth #635
 Toy Fair Dates: February 14–17, 2026   Booth Hours: 10 am – 4 pm
 Product Availability: Targeting Fall 2026; U.S. availability expected September 9, 2026   Estimated Price Range: $59.99 – $69.99 anticipated

About LIBO

Life Is Better Outside (LIBO) is a Colorado-based company focused on outdoor active experiences that inspire movement, connection, and discovery. Across its family of brands, including P/1, Do-U-Play, and Trelines, LIBO develops innovative sporting goods, games, and backyard adventure accessories that meet the evolving expectations of today’s consumers. A subsidiary of Hape International, LIBO is committed to quality, innovation, and elevating everyday active play.

About Hape

Hape is one of the world’s largest manufacturers and distributors of high-quality, eco-friendly toys. Hape’s mission is to promote the development of young minds through playful, innovative toys designed to inspire creativity and learning. With a focus on sustainability and craftsmanship, Hape brings educational play to families worldwide.

About Uncharted Power and SOCCKET

Uncharted Power is an award-winning renewable energy company that pioneered motion-based energy innovation and introduced the SOCCKET energy-generating play concept as a new way to turn everyday activity into power and possibility.

Sanyou Biopharmaceuticals Lang Guojun: Making Innovative Biologics R&D Easier for Clients Worldwide

Tagline: Empowering Global Innovative Biologics R&D through Ecosystem Strength

SHANGHAI, Feb. 12, 2026 /PRNewswire/ — On February 8, at the 2026 China New Drug Source Innovation Forum in Shanghai, Lang Guojun, Founder & CEO of Sanyou Biopharmaceuticals, shared the story of a vision that began ten years ago.

A decade ago, China’s biopharmaceutical innovation ecosystem was still taking shape. Biologics R&D was largely seen as the arena of global pharmaceutical giants. The industry faced significant constraints – immature technologies, limited capital exploration, and high technical barriers.

Against this backdrop, Lang Guojun led a team of three and began in a modest 107-square-meter laboratory, guided by a simple but determined belief: making quality antibodies accessible.

Ten years later, Sanyou Biopharmaceuticals has served nearly 2,000 clients worldwide, built a 10-trillion-scale intelligent molecule library, and advanced more than ten collaborative projects into clinical development.

Lang Guojun stated that drug development is a difficult endeavor, but more importantly, it is the right thing to do. The raison d’être of Sanyou Biopharmaceuticals is precisely “to make this endeavor less difficult.”

A Decade of Staying True to the Original Aspiration

Today, the global biologics industry is undergoing unprecedented transformation. Demand continues to grow, with nearly 2 billion patients worldwide still facing unmet clinical needs. The rising burden of non-communicable diseases remains a major driver of biopharmaceutical innovation.

Industry forecasts project that global biologics sales will reach approximately $1.4 trillion, accounting for 57% of the pharmaceutical market, while annual R&D investment by global pharmaceutical companies exceeds $3 trillion.

China’s biopharmaceutical innovation has also achieved a leap from “following” to increasingly “defining” global trends. In 2025, the total value of license-out deals by Chinese pharmaceutical companies exceeded $130 billion. The share of antibody drugs in comparable global transactions rose from 18% in 2020 to 67% in 2024.

However, innovative drug R&D is not a sprint but a marathon. It cannot rely solely on a single spark of inspiration or an isolated breakthrough. Instead, it requires a comprehensive system engineering approach: from target to molecule, from process to quality, from laboratory research to clinical development. Each step demands strong support from talent, systems, and integrated platforms.

For this reason. Sanyou Biopharmaceuticals chose to build an open platform model designed to collaborate with and empower partners in accelerating the drug discovery process. Its vision extends beyond completing individual projects to addressing a more fundamental challenge of producing core source molecules. The company is committed to building a continuous source of innovation capable of continuously nurturing breakthroughs. Through ongoing innovation in molecular formats, we aim to significantly improve both the quality and quantity of candidate molecules, thereby enhancing overall development efficiency and success rate.

At the core of Sanyou Biopharmaceuticals’ philosophy is the belief that innovation should not depend on chance, but on cumulative capabilities, nor on sporadic opportunities but on scientific mechanisms and data-driven approaches.

A Decade of Cultivation, Initial Fruits Bearing

Sanyou Biopharmaceuticals’ R&D and GMP facilities have expanded to over 20,000 square meters. The team has grown to more than 200 members, and the company has obtained over ten authoritative qualifications and certifications, including the National High-Tech Enterprise Certification, the Shanghai Specialized, Sophisticated, Unique and Innovative Small and Medium-sized Enterprises (SMEs) Certification, and the Shanghai Technology Giant Enterprise Certification.

On the business front, its network now spans China, North America, and Europe, serving nearly 2,000 clients worldwide. We have successfully delivered over 2,000 projects, signed over 60 collaborations, of which 10 have completed IND submissions, 8 are clinically active projects, and 3 have progressed to Phase III or confirmatory clinical stages.

The Marathon

Looking back at Sanyou Biopharmaceuticals’ journey, several core themes have consistently defined its growth.

The company has remained focused on a fundamental challenge in drug R&D: how to efficiently discover high-quality source molecules. Its solution has been the development of a world-class intelligent ultra-trillion-scale molecule library.

Since establishing its technological foundation in 2015, Sanyou Biopharmaceuticals has successively launched a hundred-billion-scale fully human antibody library, a ten-billion-scale Natural Single-Domain Antibody Library, and a billion-scale Common Light Chain Antibody Library. In 2021, the company completed three trillion-scale antibody libraries. After the platform went online in 2022, its capacity exceeded seven trillion. In 2023, it surpassed ten trillion, alongside the development of high-efficiency discovery platforms such as the “21-Day Rabbit/Canine mAb” platform.

Today, Sanyou Biopharmaceuticals has entered a new phase driven by the dual engines of “AI + Trillion-Scale Library,” focusing on the development of a Generative Intelligent Drug Screening System and advancing toward the automated future of “lights-out laboratories.”

The industry widely recognizes that the deep integration of AI technology and biotechnology represents a key direction for the future of pharmaceutical R&D. In response, Sanyou Biopharmaceuticals is committed to building an intelligent Dry-Wet Integration R&D Platform.

This integration goes beyond a simple “computer + lab bench” model; it reflects a fully digitized R&D system built on the integration of computational modeling, AI-driven optimization, and high-throughput experimental capabilities. The platform integrates multi-omics databases and AI predictive functions, aiming to enhance both predictability and efficiency. It enables key decisions to be computable, verifiable, and iterative, thereby establishing a robust framework for data-driven development.

In the survival and development of a startup, balancing survival pressure with building core competencies are two key priorities. Sanyou Biopharmaceuticals’ strategy is described as “R&D innovation in the left hand, commercial operation in the right hand.”

Lang Guojun compares R&D and business to the two ends of the same value chain: one end connects real clinical needs and market trends, while the other connects feasible technological pathways and molecular solutions.

Currently, Sanyou Biopharmaceuticals has incubated more than 100 early-stage projects across nine major disease areas, covering critical fields like oncology, autoimmune diseases, and metabolic disorders. This allows the platform’s capabilities to be continuously validated and refined through real-world projects.

Ultimately, the company’s development depends on its people. Sanyou Biopharmaceuticals has established a structured talent and culture system built around value creation, long-term orientation, people-oriented development. This framework defines clear competency standards and growth expectations. Through structured documents such as “Talent Development White Papers” and “Position Work Blue Papers,” the company provides transparent career pathways for every employee.

Lang Guojun believes that only by striving to create an environment where top talents can wholeheartedly innovate and grow sustainably can the grand mission be sustained.

The Relay Race

The difficulty of drug development represents the ultimate test of a company’s intellectual endurance, financial strength, and perseverance.

Real-world data shows that while over 6,800 companies globally maintain active R&D pipelines, the probability of breaking into the industry’s top 50 is less than one percent, highlighting the industry’s intense competition and low overall success rates.

Greater challenges arise from overall probabilities and costs. Even for biologics, which have a relatively higher success rate, nearly 80% of projects fail between clinical entry and final market approval. A new drug begins with thousands of candidate molecules, undergoes multiple rounds of screening, and ultimately, only one typically gains approval. When accounitn for the cost of failures, the median cost of successfully bringing a new drug to market is estimated at $1.1-1.6 billion and often takes more than a decade.

In Lang Guojun’s view, the difficulty of developing new drugs lies in the necessity to simultaneously pursue extreme speed and top-tier quality; to maintain strategic focus while strengthening core capabilities and embracing bold transformation, and to translate long-term vision into tangible improvements in patients’ lives.

Facing the industry’s inherent challenges, a new vision is emerging: transforming drug development from a solitary “marathon” into a collaborative “relay race.” The core idea is to enable different capability modules, partners, and resource elements to seamlessly connect and continuously accelerate, like passing a baton, making each stage more professional and efficient.

In this context, Sanyou Biopharmaceuticals proposes a collaborative innovation model. The “Innovative Drug Foundry,” a scalable, platform-based ecosystem that integrates advanced technologies, standardized workflows, and cross-industry partnerships to accelerate the discovery and development of innovative biologics.

This is not a closed laboratory but an open, intelligent, and collaborative new drug R&D ecosystem driven by the dual engines of the “Intelligent Ultra-Trillion-Scale Molecule Library” and the “Dry-Wet Integration Platform.” Within this system, the R&D process is structured into standardized, modular functional units that can be rapidly deployed and combined at different stages.

This ecosystem aims to achieve several major goals:

First, to build a mutually empowering network that brings together diverse stakeholders such as pharmaceutical companies, upstream/downstream industry partners, research institutions, clinical centers, and investors to enable efficient integration and value creation across the innovation chain.

Second, to establish an open and modular R&D platform that integrates critical capabilities from early discovery through preclinical development, transitioning from project-based services to scalable platform collaboration.

Ultimately, to connect novel targets, global pharmaceutical partners, and unmet patient needs at scale – accelerating the translation of scientific breakthroughs into real-world impact.

As a core strategic initiative, Sanyou Biopharmaceuticals will advance its Fifth Five Year Plan through two key drivers: the AI-powered multi trillion molecule library (AI-STAL) and the Innovative Drug Foundry. Through platform-based operations and standardized processes, the company aims to reduce marginal costs, improve delivery efficiency, and ultimately enhance the overall success rate of innovation through ecosystem collaboration.

Conclusion

A decade of sharpening a single blade marks the beginning of a new journey today.

Over the past 10 years, Sanyou Biopharmaceuticals’ ten years has grown alongside China’s biopharmaceutical innovation. It has been a decade of transition – from technological exploration to ecosystem building and, more importantly, a decade defined by staying true to its original aspiration and continuous cultivation. Standing at the beginning of a new decade, the global wave of biologics innovation continues to accelerate, and China’s innovation capabilities are stepping into the world stage with confidence and vision.

“Making innovative biologics R&D easy for clients worldwide” is no longer merely the mission statement of one company. It represents a shared commitment to advancing healthcare and shaping the future, co-created by an entire ecosystem.

From this point forward, each day marks the first step of the next chapter in this journey.

About Sanyou

Sanyou Biopharmaceuticals is a high-tech biopharmaceutical enterprise driven by its super-trillion molecule library and artificial intelligence technology, with the mission of “making innovative biologics R&D easy for clients worldwide”.

Sanyou Bio has been dedicated to developing a world-class innovative biological drug R&D hub. The company is centered on its AI-driven super-trillion antibody library (AI-STAL) and supported by its world-leading, integrated and intelligent R&D platform for innovative biologics development that seamlessly combines in silico and wet-lab capabilities. Sanyou drives the global development and industrialization of innovative new drugs through diversified business models.

Headquartered in Shanghai, China, Sanyou has established global business centers across Asia, North America, and Europe, forming an international business network. The company currently operates and has planned over 20,000 square meters of R&D and GMP facilities.

Sanyou has established strong collaborations with more than 2,000 pharmaceutical and biotech companies worldwide, empowering over 1,200 new drug discovery and development projects. It has completed more than 50 collaboration projects, over 10 of which have advanced to IND approval and clinical development stages.

The company has filed over 130 invention patents, with more than 30 granted. It has also obtained over 10 national and international qualifications and system certifications, including National High-Tech Enterprise, Shanghai “Specialized and Innovative” Enterprise, ISO9001, and ISO27001.

Sourcing with Direct Factories at One-stop Consumer Goods Sourcing Platform: China Daily-use Articles Trade Fair to Kick Off This July

SHANGHAI, Feb. 12, 2026 /PRNewswire/ — The China Daily-use Articles Trade Fair (CDATF), one of Asia’s most established B2B sourcing platforms for homeware, lifestyle, and consumer goods, will take place July 23–25, 2026 at Shanghai New International Expo Center (SNIEC). The event will connect global buyers with thousands of export-ready manufacturers from China’s most competitive production clusters.

The upcoming edition will host 3,500+ exhibitors across 200,000 square meters, welcoming an estimated 110,000+ professional trade visitors from over 70 countries and regions with Asia, Europe, and Americas as main source. More than 95% of exhibitors are source factories offering verified OEM/ODM manufacturing capabilities, such as HAERSGROUP, D. KADI, HEENOOR, LONGSTAR, CHAHUA, and Yeda, enabling buyers to work directly with production partners and streamline sourcing processes.

Comprehensive Product Coverage for Global Buyers

CDATF presents a full-spectrum product portfolio spanning Kitchenware & Cookware, Drinkware & Containers, Cleaning & Bathroom Essentials, Storage & Organization, Home Textiles, Disposable Products, Smart Appliances & Electronics, and Lifestyle & Gift Products. This broad category coverage positions CDATF as an efficient one-stop sourcing destination for retailers, distributors, e-commerce operators, and private-label brands seeking scalable, compliant, and cost-effective supply solutions.

Manufacturing Strength and OEM/ODM Capabilities

Exhibitors at CDATF 2026 demonstrate strong R&D capabilities, stable production capacity, and international compliance, with extensive experience serving overseas markets. Suppliers offer end-to-end OEM/ODM services, including trend-driven product development, sustainable and eco-friendly materials, flexible MOQs, and customized packaging, supporting both mass-market retail programs and differentiated brand strategies.

Designed for Sourcing Efficiency

CDATF places strong emphasis on sourcing efficiency and buyer experience. Through pre-show digital sourcing tools, clear exhibitor classification, and onsite matchmaking, buyers can quickly identify qualified suppliers and accelerate decision-making. Onsite services—including guided sourcing tours, interpretation support, and smart sourcing assistance—help ensure smooth communication and productive business negotiations.

Industry Recognition

The exhibition’s value continues to gain recognition among industry organizations across Asia.
Min Hyunsik, Secretary-General of the Seoul Online Business Association (Korea), commented:

“Many people may not yet be familiar with CDATF, but once you attend, you discover numerous outstanding companies hidden like gems. This fair is truly a treasure trove for sourcing, and I highly recommend it”.

Supporting Global Supply Chain Strategies

As global companies face rising costs, supply chain restructuring, and increasing demand for product differentiation, CDATF provides direct access to China’s manufacturing ecosystem. The platform helps buyers shorten sourcing cycles, reduce operational risks, and establish long-term, sustainable supplier partnerships.

Pre-register now for a complimentary visitor badge:
https://reed.infosalons.com.cn/reg/RXWeb/cda26/#/en/login?track=E365MC

For more information:
https://www.cdatf.com/en-gb/about.html

CDATF is organized by RX Huabai, a member of RX Global, one of the world’s leading exhibition organizers. RX operates over 350 events across 25 countries and 41 industry sectors, connecting businesses and professional communities worldwide.

For more information, visit www.rxglobal.com.

 

Hydrexia Completes Historical Regional Maritime Shipment of Solid-state Hydrogen System

KUCHING, Malaysia, Feb. 12, 2026 /PRNewswire/ — Hydrexia Holding Limited (“Hydrexia”), a leading hydrogen technology solution provider, today announced the successful completion of a first-ever regional maritime shipment of its solid-state metal hydride hydrogen storage container (MHX).  The months-long maritime roadshow, which commenced in late September 2025, traversed several major seaports across Asia. Enabled by MHX, it marks the inaugural maritime shipment of soli-state hydrogen in collaboration with SEDC Energy Sdn Bhd (SEDCE), a subsidiary of Sarawak Economic Development Corporation in Malaysia.

This milestone represents a significant advancement for the hydrogen transport industry, underscoring the commercial viability of regional maritime hydrogen trade.  The sea shipment of hydrogen using MHX effectively mitigates risks associated with conventional hydrogen logistics, enhances transport safety, and reduces operational costs – positioning MHX as a critical enabler for cross-border hydrogen exchange.

“The successful roadshow has significantly boosted the confidence of potential regional off-takers in our product. Positive responses and feedback from our regional collaborators have been overwhelming,” said Alex Fang, the chairman and chief executive officer of Hydrexia. “This achievement reaffirms our commitment to delivering viable solutions that accelerate global hydrogen adoption by leveraging our unique MHX technology,” added Fang.

“This Proof-of-Concept (PoC) represents a crucial milestone as we progress into commercial negotiations with potential customers. Together with the successful roadshow, this initiative will open new market opportunities for Sarawak in the global hydrogen transport value chain,” said the SEDCE chief executive officer, Robert Hardin.

“We are very pleased to have collaborated with our partner Hydrexia and SEDCE on this roadshow,” said John Tay, chief executive officer of KPT Chemical Group Vietnam. “Hydrexia’s MHX offers unique advantages and serves as a pivotal enabler in our efforts to develop hydrogen-related businesses. This marks an important initial step in introducing advanced solid-state hydrogen solutions to the Vietnamese market and supports the future development of green hydrogen projects.”

“MHX stands out with its impressive ton-scale production capacity, which has the potential to significantly reduce hydrogen transport costs,” said Xin Zhou, the sales director at Hong Kong MomentuX Technology. “The successful regional maritime shipment further demonstrates its intrinsic safety and reliability.”

With the growing maturity of MHX technology and its readiness for commercialization, Hydrexia remains committed to serving regional and global customers by providing safe, efficient, and cost-effective solid-state hydrogen transport solutions—supporting the development of green hydrogen infrastructure worldwide.

About Hydrexia

Hydrexia Holding Limited is a leading integrated hydrogen technology solution provider with global presence. Hydrexia specializes in providing technology solutions for hydrogen production, storage, transportation, and end-use applications. Leveraging its solid research and development capabilities and industry-leading technology, Hydrexia aims to effectively address the technology and application needs across the global hydrogen industry value chain.

 

NYSE Content Update: Forgent Power Solutions, Post IPO, to Ring Opening Bell

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Feb. 12, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Forgent Power Solutions to ring Opening Bell

Ashley Mastronardi delivers the pre-market update on February 12th

  • Markets are higher after mixed reactions to yesterday’s hotter than expected Jobs Report as the Bureau of Labor Statistics reported that the U.S. economy added 130,000 jobs.
  • Forgent Power Solutions (NYSE: FPS) is celebrating its early February IPO this morning with shares having jumped 22% since trading began.
  • Veradermics (NYSE: MANE) CEO Dr. Reid Waldman will join NYSE Live to discuss company shares popping more than 150% since pricing its IPO last week.
  • The NYSE announced the launch of the NYSE Texas Advisory Board, developed to support its mission of offering public companies a listing and trading venue centered within the Southwestern U.S.

Opening Bell
Forgent Power Solutions (NYSE: FPS) celebrates its recent IPO

Closing Bell
Veradermics (NYSE: MANE) celebrates its recent IPO

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App: TV.NYSE.com

Brazilian bank AGI debuted for trade on Wednesday
Brazilian bank AGI debuted for trade on Wednesday

 

 

NYSE Content Update: Forgent Power Solutions, Post IPO, to Ring Opening Bell

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Feb. 12, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Forgent Power Solutions to ring Opening Bell

Ashley Mastronardi delivers the pre-market update on February 12th

  • Markets are higher after mixed reactions to yesterday’s hotter than expected Jobs Report as the Bureau of Labor Statistics reported that the U.S. economy added 130,000 jobs.
  • Forgent Power Solutions (NYSE: FPS) is celebrating its early February IPO this morning with shares having jumped 22% since trading began.
  • Veradermics (NYSE: MANE) CEO Dr. Reid Waldman will join NYSE Live to discuss company shares popping more than 150% since pricing its IPO last week.
  • The NYSE announced the launch of the NYSE Texas Advisory Board, developed to support its mission of offering public companies a listing and trading venue centered within the Southwestern U.S.

Opening Bell
Forgent Power Solutions (NYSE: FPS) celebrates its recent IPO

Closing Bell
Veradermics (NYSE: MANE) celebrates its recent IPO

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App: TV.NYSE.com

Brazilian bank AGI debuted for trade on Wednesday
Brazilian bank AGI debuted for trade on Wednesday

 

 

Ocean Tomo Releases 2025 Intangible Asset Market Value Study Results

50-year study of the US market and 20 years of foreign market data informs components of market value.

NEW YORK, Feb. 12, 2026 /PRNewswire/ — Global consulting firm J.S. Held announces the release of the Ocean Tomo Intangible Asset Market Value (IAMV) study. With this release, the study now reflects a panel of 50 years of data in the US market and 20 years of data in foreign markets.

50-year study of the US market and 20 years of foreign market data informs components of market value.
50-year study of the US market and 20 years of foreign market data informs components of market value.

The study examines the components of market value, specifically the role of intangible assets, across a range of global indexes. IAMV is shown as of calendar year end by subtracting net tangible asset value from market capitalization.

Commenting on the Components of S&P 500® Market Value, economic expert and study author Matthew Johnson observes, “the composition of corporate value has undergone a fundamental transformation over the past five decades.” In 1975, tangible assets—property, plant, equipment, inventory, and other physical capital—represented 83% of the market value of companies comprising the S&P 500 index, with intangible assets accounting for only 17%. By the end of 2025, this relationship had completely inverted: intangible assets now constitute approximately 92% of S&P 500 market capitalization, while tangible assets have been reduced to a mere 8%. Johnson adds, “This 75 percentage point shift represents what Ocean Tomo has defined as ‘economic inversion’— a wholesale transformation in the nature of value creation whereby economic worth has migrated from what can be ‘touched’ to what can be ‘thought’.”

The magnitude and implications of this transformation are comparable to the Industrial Revolution of the 18th and 19th centuries. Just as the Industrial Revolution fundamentally restructured economic activity from agrarian and craft-based production to mechanized manufacturing, the intangible revolution has redefined the sources and measurement of corporate value in the 21st century. Ocean Tomo Co-founder and J.S. Held Chief Intellectual Property Officer, James E. Malackowski observes, “While the Industrial Revolution required a century to unfold fully, the intangible revolution has occurred within a single human lifespan, with particularly rapid acceleration occurring in the 1985-2005 period when intangible asset market value increased from 32% to 79%—a remarkable 47 percentage point surge in just two decades.”

The 2020-2025 period deserves special attention: S&P 500 IAMV remained stable at approximately 90% despite the Federal Reserve implementing the most aggressive monetary tightening cycle in four decades. Dr. Nikki Tavasoli, PhD, shares, “Traditional financial theory predicts that intangible-intensive firms should be highly sensitive to interest rate changes due to their long-duration cash flows and limited collateral value.”  She adds, “The observed stability challenges this prediction and requires explanation, which we address in a forthcoming paper.”

In 2005, the IAMV study was expanded beyond the S&P 500 to explore the components of value in several key international markets. Stock market indexes from Europe, China, Japan, and South Korea were selected and analyzed to determine the comparable role of intangible assets.

To learn more about the 2025 Intangible Asset Market Value Study, download the report, visit: https://oceantomo.com/intangible-asset-market-value-study/. 

Ocean Tomo’s unique understanding of intellectual property (IP) value is driven by the firm’s engagement across all matters involving intangible assets, spanning strategic planning, investments, disputes, and transactions.  Litigation outcomes refine valuation methodologies, while advisory engagements are shaped by real-world insights from both the boardroom and public markets. Transaction outcomes—buying, selling, and licensing IP—validates strategic decisions and informs how IP is valued in practice. Ocean Tomo valuations used by IP owners to access capital provides insight on how financial institutions recognize IP as a bankable asset. This continuous feedback strengthens the team’s ability to deliver credible, actionable insights across all matters involving intangible assets.

About J.S. Held

J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.

More than 1,500 professionals serve organizations across six continents, including 84% of the Global 200 Law Firms, 75% of the Forbes Top 20 Insurance Companies (90% of the NAIC Top 50 Property & Casualty Insurers), and 71% of Fortune 100 Companies.

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice.  Securities offered through PM Securities, LLC, d/b/a Phoenix IB or Ocean Tomo Investments, a part of J.S. Held, member FINRA/SIPC.  All rights reserved.

Media Contact
Kristi L. Stathis, J.S. Held, +1 786 833 4864, Kristi.Stathis@JSHeld.com, JSHeld.com

 

 

Ocean Tomo Releases 2025 Intangible Asset Market Value Study Results

50-year study of the US market and 20 years of foreign market data informs components of market value.

NEW YORK, Feb. 12, 2026 /PRNewswire/ — Global consulting firm J.S. Held announces the release of the Ocean Tomo Intangible Asset Market Value (IAMV) study. With this release, the study now reflects a panel of 50 years of data in the US market and 20 years of data in foreign markets.

50-year study of the US market and 20 years of foreign market data informs components of market value.
50-year study of the US market and 20 years of foreign market data informs components of market value.

The study examines the components of market value, specifically the role of intangible assets, across a range of global indexes. IAMV is shown as of calendar year end by subtracting net tangible asset value from market capitalization.

Commenting on the Components of S&P 500® Market Value, economic expert and study author Matthew Johnson observes, “the composition of corporate value has undergone a fundamental transformation over the past five decades.” In 1975, tangible assets—property, plant, equipment, inventory, and other physical capital—represented 83% of the market value of companies comprising the S&P 500 index, with intangible assets accounting for only 17%. By the end of 2025, this relationship had completely inverted: intangible assets now constitute approximately 92% of S&P 500 market capitalization, while tangible assets have been reduced to a mere 8%. Johnson adds, “This 75 percentage point shift represents what Ocean Tomo has defined as ‘economic inversion’— a wholesale transformation in the nature of value creation whereby economic worth has migrated from what can be ‘touched’ to what can be ‘thought’.”

The magnitude and implications of this transformation are comparable to the Industrial Revolution of the 18th and 19th centuries. Just as the Industrial Revolution fundamentally restructured economic activity from agrarian and craft-based production to mechanized manufacturing, the intangible revolution has redefined the sources and measurement of corporate value in the 21st century. Ocean Tomo Co-founder and J.S. Held Chief Intellectual Property Officer, James E. Malackowski observes, “While the Industrial Revolution required a century to unfold fully, the intangible revolution has occurred within a single human lifespan, with particularly rapid acceleration occurring in the 1985-2005 period when intangible asset market value increased from 32% to 79%—a remarkable 47 percentage point surge in just two decades.”

The 2020-2025 period deserves special attention: S&P 500 IAMV remained stable at approximately 90% despite the Federal Reserve implementing the most aggressive monetary tightening cycle in four decades. Dr. Nikki Tavasoli, PhD, shares, “Traditional financial theory predicts that intangible-intensive firms should be highly sensitive to interest rate changes due to their long-duration cash flows and limited collateral value.”  She adds, “The observed stability challenges this prediction and requires explanation, which we address in a forthcoming paper.”

In 2005, the IAMV study was expanded beyond the S&P 500 to explore the components of value in several key international markets. Stock market indexes from Europe, China, Japan, and South Korea were selected and analyzed to determine the comparable role of intangible assets.

To learn more about the 2025 Intangible Asset Market Value Study, download the report, visit: https://oceantomo.com/intangible-asset-market-value-study/. 

Ocean Tomo’s unique understanding of intellectual property (IP) value is driven by the firm’s engagement across all matters involving intangible assets, spanning strategic planning, investments, disputes, and transactions.  Litigation outcomes refine valuation methodologies, while advisory engagements are shaped by real-world insights from both the boardroom and public markets. Transaction outcomes—buying, selling, and licensing IP—validates strategic decisions and informs how IP is valued in practice. Ocean Tomo valuations used by IP owners to access capital provides insight on how financial institutions recognize IP as a bankable asset. This continuous feedback strengthens the team’s ability to deliver credible, actionable insights across all matters involving intangible assets.

About J.S. Held

J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.

More than 1,500 professionals serve organizations across six continents, including 84% of the Global 200 Law Firms, 75% of the Forbes Top 20 Insurance Companies (90% of the NAIC Top 50 Property & Casualty Insurers), and 71% of Fortune 100 Companies.

J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice.  Securities offered through PM Securities, LLC, d/b/a Phoenix IB or Ocean Tomo Investments, a part of J.S. Held, member FINRA/SIPC.  All rights reserved.

Media Contact
Kristi L. Stathis, J.S. Held, +1 786 833 4864, Kristi.Stathis@JSHeld.com, JSHeld.com