Home Blog Page 2061

From Corporate Philanthropy to Global Consensus: OMODA & JAECOO Parent Company’s CSR Ride Unites the World for a Sustainable Future

By
Advertorial Desk
-

KUALA LUMPUR, Malaysia and WUHU, China, Oct. 21, 2025 /PRNewswire/ — As a globally recognized automotive brand, OMODA & JAECOO parent company is delivering its vision of harmonious mobility between technology, humanity, and nature through consistent, tangible green actions.

Over the past three years, OMODA & JAECOO parent company’s CSR ride has evolved from a corporate philanthropic initiative into a global green cultural IP, fostering the spread of green ideas worldwide. Building on the dual-drive model of “Green Ride + Public Good” from previous editions, this year’s event deepened collaboration with the International Union for Conservation of Nature (IUCN), integrating the ride into the global ecological protection network.

At the event, OMODA & JAECOO parent company announced the renewal of its three-year strategic partnership with UNICEF, committing an additional USD 6 million to support education in under-resourced regions worldwide. This initiative further strengthens the integrated “Green Mobility – Ecological Protection – Educational Equality” responsibility ecosystem.

Leaders and representatives from Asia, Europe, the Americas, and Africa gathered at the event. Cultural volunteers wearing traditional attire from their countries formed unique formations, creating a vivid tableau of “appreciating each beauty, sharing all beauty” in global dialogue.

At 9:30 a.m., as the starter’s gun fired and the checkered flag waved, a “green dragon” of cyclists set off along a 9-km scenic route, passing landmarks such as the Yangtze Bend and Luhua Wetland — a vivid dialogue between technology and nature.

The most striking innovation appeared at the finish ceremony. Two Argos robotic dogs assisted IUCN representatives and China Cycling Association officials in awarding medals, delighting guests with agility and reliability. As a key member of OMODA & JAECOO parent company’s ecosystem, the AI-powered robotic dogs perfectly combined technology with environmental awards, exemplifying harmony between tech and nature.

At the 2025 OMODA & JAECOO International User Summit, OMODA & JAECOO parent company successfully built a multi-dimensional global communication ecosystem. By integrating diverse user communities — including technology, cycling, outdoors, environmental protection, public welfare, and animation — the summit connected offline experiences with online platforms and China with the global stage. This approach amplified the company’s voice and actions, fostered international resonance on sustainability, and spread the “Ride Green Life” philosophy worldwide.


As the last rider of the nearly 3,000 cyclists crossed the finish line, OMODA & JAECOO parent company’s green journey had just begun. On its path to becoming a global leader in green intelligent mobility, the company will continue to move forward with technology as its vessel and responsibility as its sail toward a greener tomorrow.

In Malaysia, OMODA & JAECOO currently offers models including J7, J7 PHEV, J8, and C9, and will continue to introduce more new models that meet local market demand. Under the same group, OMODA&JAECOO has 3 sister brands in Malaysia – Chery, iCAUR and Lepas.

First Phosphate Accelerates 30,000 Metre Drilling Program to Provide Final Geological Model for its Begin-Lamarche Igneous Phosphate Property

By
Advertorial Desk
-
Saguenay, Quebec – Newsfile Corp. – October 21, 2025 – First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce that it will undertake a 30,000-metre accelerated drill program at its Bégin-Lamarche property in Saguenay-Lac-St-Jean, Quebec, Canada, commencing this month.

The drilling program is expected to build on the Company’s initial resource estimate and to confirm the final geological model for the property. A full and comprehensive understanding of the deposit is anticipated after completion of this drill program. The Company’s initial resource estimate effective September 9, 2024 is available at https://firstphosphate.com/projects/begin-lamarche/).

“The Bégin-Lamarche property is located near existing infrastructure, skilled workforce and at only ~70 km driving distance from the deep-sea Port of Saguenay and our eventual secondary and tertiary phosphate processing facilities,” explained John Passalacqua, CEO, of First Phosphate “We have Bégin-Lamarche on an accelerated development path to support potential full vertical integration of the Company’s future lithium iron phosphate (“LFP”) cathode active material (“CAM”) operations in Saguenay-Lac-St-Jean, Quebec.”

The campaign will encompass the entire 2.5 km long known phosphate mineralization zone at 50 m x 50 m intervals (see Figure 1 below). The drill program will begin with two drill rigs in the coming weeks and increase up to four rigs by mid-November with expected completion by April 2026. The drill program is fully funded by the Company’s recent financings, and all drill and work authorizations are in place.

The campaign will be managed by Laurentia Exploration of Jonquière, Quebec. Drilling operations will be conducted by First Nations Drilling of Mashteuiatsh, Quebec, and Forages Diafor of Rivière-Héva, Quebec.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/271118_48097d5824b658c7_001full.jpg

First Phosphate’s proposed secondary phosphate processing plant is to be located at the Port of Saguenay and very close to the Company’s intended LFP CAM material production plant in La Baie, Quebec. The Bégin-Lamarche igneous phosphate property is located next to major paved highway and at only ~70 km driving distance from both the deep-sea Port of Saguenay and La Baie, Quebec for eventual full vertical integration of mining and advanced processing of high purity igneous phosphate into LFP CAM to support the onshoring of the North American LFP battery industry.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/271118_48097d5824b658c7_002full.jpg

First Phosphate has recently produced perhaps the first ever commercial-grade LFP 18650 battery cells using North American critical minerals. Please see: https://firstphosphate.com/north-american-lfp-battery-cells.

The high-purity phosphoric acid and iron powder for these LFP 18650 battery cells was produced using rare igneous anorthosite rock extracted from the First Phosphate Bégin-Lamarche property in the Saguenay-Lac-Saint-Jean region of Quebec, Canada.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8917/271118_48097d5824b658c7_003full.jpg

Qualified Person

The scientific and technical information contained in this press release has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Chief Geologist of First Phosphate and a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).

About First Phosphate Corp

First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development and cleantech company dedicated to building and onshoring a vertically integrated mine-to-market lithium iron phosphate (LFP) battery supply chain for North America. Target markets include energy storage, data centers, robotics, mobility and defense.

First Phosphate’s flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, Canada is a North American rare igneous phosphate resource yielding high-purity phosphate with minimal impurities.

For additional information, please contact:

Bennett Kurtz
CFO, CAO
bennett@firstphosphate.com
Tel : +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
X: https://x.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statement

This release includes certain statements that may be deemed “forward-looking information”. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In particular, this press release contains forward-looking information relating to the Company’s plans for vertical integration into North American supply chains, the commencement and completion of a 30,000-metre accelerated drill program at its Bégin-Lamarche property, the results of the drill program in relation to the Company’s initial resource estimate and the confirmation of the final geological model for the property, the Company having a full and comprehensive understanding of the deposit after completion of the drill program, the scope and timing of the drill program, the continued availability of all drill permits and work authorizations, and the location and construction of the Company’s secondary processing plant and LFP cathode active material production plant. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include development and exploration successes, continued availability of capital and financing, general economic, market or business conditions, relationships with and the performance of drilling contractors and subcontractors, exploration results, future plans and objectives of the Company, and economic, geopolitical and logistical matters relating to the processing and productions plants. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company’s relationship with First Nations and other Indigenous parties remaining consistent with the Company’s expectations; the Company’s relationship with other third party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. The Company does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. All forward-looking information contained in this release is qualified by these cautionary statements.

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

Iridium Awarded U.S. Department of Transportation Contract for Complementary Positioning, Navigation, and Timing Services Deployment and Testing

By
Advertorial Desk
-

Iridium to join forces with T-Mobile for live-site activations throughout the United States

MCLEAN, Va., Oct. 21, 2025 /PRNewswire/ — Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice, data, and PNT satellite services, today announced it has been selected by the U.S. Department of Transportation (DOT) for an award through its Complementary Positioning, Navigation, and Timing (CPNT) Action Plan Rapid Phase Award II to support a broad network deployment of Iridium® PNT services. Iridium is working with T-Mobile (NASDAQ: TMUS) to launch live-site activations across the United States, which delivers state-of-the-art, 5G network complementary timing synchronization that further strengthens their network resilience and helps to ensure customers enjoy the most reliable experience possible.

Iridium Satellite Network
Iridium Satellite Network

As the U.S. government’s civil lead for PNT, the U.S. Department of Transportation CPNT Action Plan is designed to evaluate mature and commercially available CPNT technologies in order to strengthen PNT resilience and enhance the safety of critical infrastructure, like 5G networks. Through this contract, T-Mobile will expand its installation of Iridium PNT receivers to 90 additional live 5G network sites in geographically diverse locations. Iridium PNT will help protect against GPS disruptions that cause downtime and compromise the data integrity and performance of 5G networks, which rely on coordinated, precise timing to deliver the necessary speed, capacity, and reliability of service to end-users.

“It is essential for the U.S. to strengthen the resilience of our 5G wireless networks and other critical infrastructure that relies on PNT,” said Dr. Michael O’Connor, executive vice president, PNT, Iridium. “Our partnership with an industry-leading company like T-Mobile underscores the proven performance of our solution and reinforces why it’s the gold standard for PNT services like timing synchronization.”

T-Mobile will also perform nominal and adverse user equipment exercises at its testing range. The indoor location, which includes the necessary wireless infrastructure, provides an ideal setting for DOT, Iridium, and T-Mobile to observe and record results.

Capable of sub-100-nanosecond accuracy—better than a millionth of a second—and secured using cryptographic techniques, Iridium PNT signals are 1,000 times stronger than GNSS systems like GPS and work inside buildings with no need for an outdoor antenna. The service is delivered by Iridium’s low-Earth orbit (LEO) satellite constellation, which provides truly global weather-resilient L-band connectivity.

To learn more about Iridium PNT, visit www.iridium.com/pnt 

About Iridium Communications Inc.
Iridium® is the only mobile voice, data, and PNT satellite network that spans the entire globe. Iridium enables connections between people, organizations, and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. In 2024, Iridium acquired Satelles and its positioning, navigation, and timing (PNT) service. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM. For more information about Iridium products, services, and partner solutions, visit www.iridium.com.

Press Contact:

Investor Contact:

Jordan Hassin

Kenneth Levy

Iridium Communications Inc.

Iridium Communications Inc.

Jordan.Hassin@Iridium.com

Ken.Levy@Iridium.com

+1 (703) 287-7421

+1 (703) 287-7570

 

Paxia Appoints Tom Samuel as Chief Executive Officer

By
Advertorial Desk
-

Veteran Software Executive Partners Again with Liberty Hall to Execute Strategic Plan

HERNDON, Va., Oct. 21, 2025 /PRNewswire/ — Paxia, Inc. (“Paxia”), a leading global provider of integrated, value-enhancing onboard services and catering management software solutions serving the commercial aerospace industry, announced today the appointment of Tom Samuel to Chief Executive Officer. Paxia is a portfolio company of Liberty Hall Capital Partners (“Liberty Hall”).

Mr. Samuel is a proven aviation software industry executive with more than 25 years of experience leading commercial, operational and corporate functions for global aviation software companies. Prior to joining Paxia, he held multiple leadership positions at Comply365, another Liberty Hall portfolio company, including Chief Executive Officer, a role he held for six years, and most recently Vice Chairman. Prior to joining Comply365 in 2015, Mr. Samuel spent nearly two decades with Sabre Airline Solutions, where he held a series of senior leadership roles in the U.S. and abroad. He is a proven business transformation leader with significant experience leading teams through periods of growth, innovation and customer value creation.

Mr. Samuel succeeds Rodney Duty, who has successfully led Paxia as President and CEO for the last six years following its divestiture from gategroup. Mr. Duty will continue his long and storied tenure at Paxia, as he moves into the role of President and COO. This role will allow him to focus more on the products and services Paxia delivers to its customers.

“We are thrilled to welcome Tom Samuel to the Paxia team. His experience leading growth, strategy, innovation and operations at global software businesses will be extremely valuable as we look forward to scaling key functional areas and increasing our investment in our products and services,” said Mr. Duty, President and COO.

James Black, Partner at Liberty Hall, added, “We enjoyed our successful partnership with Tom at Comply365 and are thrilled to be working with him again to execute our strategic plan for Paxia. Tom has a demonstrated track record of building high-performing teams while leading significant growth in aviation software businesses, and we’re glad that he will be joining Rodney and the Paxia team as we seek to accelerate growth and further extend product differentiation.”

“I am extremely excited about joining Rodney and the Paxia team,” said Mr. Samuel. “They have done an incredible job creating and delivering market-leading solutions to their airline customers. I’m looking forward to collaborating with the team to further transform the aviation onboard services market, enhance our ability to deliver innovative solutions to our customers and accelerate the execution of our go-to-market growth opportunities.”

About Paxia

Paxia, headquartered in Herndon, Virginia, is a premier provider of cloud-based airline catering management solutions, transforming onboard services for global airlines. With over 25 years of industry expertise, Paxia’s integrated platform, Paxia Cloud, streamlines catering operations by connecting suppliers, caterers and airline operations with a single source of truth. Its modular applications, including end-to-end service management and galley planning, optimize meal specifications, flight schedules, inventory and invoicing, reducing waste, fuel costs and operational complexities. Trusted by the world’s leading airlines, Paxia delivers data-driven insights, predictive analytics, and automation to enhance efficiency, cut costs and improve the in-flight dining experience. For more information, please visit paxiasolutions.com.

About Liberty Hall Capital Partners

Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall’s principals have a 25-plus year history of working together and have led the investment of $3.0 billion in equity capital in over 30 businesses serving multiple segments of the aerospace and defense industry, including the investment of $1.2 billion in equity capital in over 20 acquisitions since the formation of Liberty Hall. Liberty Hall was founded in July 2011 as the first, and remains the only, private equity firm focused solely on investments in middle market businesses serving the aerospace and defense industry. Liberty Hall executes a proven and repeatable investment strategy designed to transform middle market businesses into larger, more capable and diverse strategic assets. For more information, please visit libertyhallcapital.com.

For Paxia:

For Media:

Rodney Duty

Val Mack

Paxia, Inc.

FTI Consulting

P: +1 (678) 756-7936

P: +1 (212) 247-1010

rodney@paxiasolutions.com 

libertyhallcapitalpartners@fticonsulting.com 

For Liberty Hall:

Rowan Taylor

Liberty Hall Capital Partners

P: +1 (646) 291-2602

rtaylor@libertyhallcapital.com

 

Altair Unlocks Next-Level HPC, AI, and Quantum Performance with Altair® HPCWorks® 2026

By
Advertorial Desk
-

Enhancements to the industry-leading high-performance computing and cloud platform elevate next-generation computing

TROY, Mich., Oct. 21, 2025 /PRNewswire/ — Altair, a global leader in computational intelligence, today announced significant upgrades to the Altair® HPCWorks® high-performance computing (HPC) and cloud platform. The release of Altair HPCWorks 2026 enables faster discovery with new features and improvements including enhanced GPU integration and utilization, expanded AI and machine learning tools and support, and extended reporting so users can understand, tune, and optimize their HPC environments.

Altair announced significant upgrades to the Altair HPCWorks, enabling faster discovery with new features and improvements.
Altair announced significant upgrades to the Altair HPCWorks, enabling faster discovery with new features and improvements.

“The technology landscape is rapidly evolving, and we’re tailoring Altair solutions to support the latest AI, machine learning, data analytics, EDA, and even quantum workloads,” said Sam Mahalingam, chief technology officer, Altair. “Now as part of Siemens, we can push the technology even further, with the industry-leading Altair HPCWorks platform as the foundation of intelligent, data-driven computing.”

Powerful AI and GPU Integration

Altair HPCWorks solutions are designed with AI workloads in mind, with broad support for GPUs and an updated Kubernetes connector. Altair HPCWorks 2026 includes new features such as Jupyter Notebook integration for AI and machine learning model training. Because GPU-accelerated computing is essential for data-intensive activities, Altair tools are tailored to efficiently support GPU discovery and optimization. Altair HPCWorks supports NVIDIA, AMD, and Intel accelerators and gives IT administrators fast GPU integration and extended reporting.

Paving the Road to Agentic HPC

The advent of smart AI tools makes it easier for users to get fast results without needing deep IT or scheduling expertise. Agentic HPC uses AI to automate tasks and get answers faster, using intelligent scheduling and memory selection to optimize workloads. Altair HPCWorks takes advantage of AI-assisted functionality, including new AI-powered memory resource prediction to streamline job submission and optimize resource utilization. Integration with platforms like Altair® RapidMiner® allows users to create custom AI models trained for individual workloads.

Hybrid Classical and Quantum Computing 

The quantum frontier promises to dramatically speed up processing and bring technological development to a new level. While quantum computing still faces significant hurdles, it’s already being used alongside classical HPC; both technologies excel at different types of challenges, and hybrid classical-quantum workflows show promise for science, engineering, and financial applications. The 2026 Altair HPCWorks release makes it possible to efficiently run novel hybrid quantum-classical workflows that can detect complex, changing patterns such as fraudulent credit card transactions.

Additional Highlights

New features and upgrades to the Altair HPCWorks product suite include expanded reports, cluster dashboard enhancements, and tighter integration within Altair HPCWorks and with additional Altair solver and data analytics solutions. Windows users get a new desktop client for easy access to HPC tools, and IT administrators can use a streaming API to compose automations that respond to cloud changes in real time, among other capabilities. Altair HPCWorks 2026 also includes security, performance, and functionality improvements.

To learn more about Altair HPCWorks 2026 and see the full list of enhancements, visit https://altair.com/hpcworks-2026.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit altair.com or sw.siemens.com.

Media contacts

Altair Corporate

Bridget Hagan

+1.216.769.2658

corp-newsroom@altair.com

Altair Europe/The Middle East/Africa      

Altair Asia-Pacific

Louise Wilce

Man Wang

+44 (0)7392 437 635

86-21-5016635,,825

emea-newsroom@altair.com

apac-newsroom@altair.com

 

 

Recurrent Energy Closes $825 Million in Project Financing for Arizona Energy Projects

By
Advertorial Desk
-

Recurrent Energy’s latest solar and energy storage projects support Arizona Public Service’s record power needs

KITCHENER, ON, Oct. 21, 2025 /PRNewswire/ — Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, today announced it has closed $825 million in construction financing and tax equity for its Desert Bloom Storage and Papago Solar facilities. Nord/LB, Mitsubishi UFJ Financial Group, Inc. (MUFG), CoBank, and Siemens Financial Services provided the construction financing, and Wells Fargo provided the tax equity.

Desert Bloom Storage and Papago Solar, both located in Maricopa County, are part of Recurrent Energy’s previously announced multi-project partnership with Arizona Public Service (APS). Desert Bloom Storage is a 600 MWh standalone energy storage facility, and Papago Solar is a 150 MWac solar power plant. Both assets are currently under construction and are expected to begin operations in the first half of 2026.

Sondra Martinez, Head of Project Finance-Origination at Nord/LB, said, “We are excited to have supported Recurrent Energy on the landmark Desert Bloom Storage and Papago Solar financing. This transaction demonstrates Nord/LB’s commitment to financing best-in-class projects that will deliver clean, reliable power to communities. We look forward to continuing our longstanding partnership with Recurrent Energy and to providing financing solutions in a rapidly evolving market.”

Fred Zelaya, Managing Director of Project Finance at MUFG, added, “MUFG is pleased to support Recurrent Energy on its latest landmark transaction. Desert Bloom Storage and Papago Solar will help provide the community with reliable, carbon-free energy while enhancing the resiliency of the grid. We look forward to continuing to support Recurrent Energy’s ambitious growth in the renewable energy sector.”

Ismael Guerrero, CEO of Recurrent Energy, stated, “For the third consecutive year, APS set a new peak energy demand record this summer. We’re proud to continue supporting APS with dispatchable energy resources that enhance reliability and meet the needs of their growing customer base. We thank the APS team for their trust as we bring these projects online safely and efficiently. Together with our long-term partners at Nord/LB, MUFG, CoBank, and Siemens Financial Services, we’re building critical infrastructure that strengthens Arizona’s grid and supports the state’s growing economy.”

Primoris Services Corporation’s Renewable Energy business is the engineering, procurement, and construction (EPC) provider for Desert Bloom Storage, while Blattner Energy is constructing Papago Solar. Both projects employ hundreds of construction workers and, once energized, will generate significant local tax revenue.

Recurrent Energy is proud to be part of the Maricopa County community, supporting local organizations, including Arlington Elementary School. The Desert Bloom Storage and Papago Solar projects are the company’s second and third developments in the county, reinforcing its long-term commitment to reliable energy infrastructure and local partnerships. In July 2025, Recurrent Energy announced the start of operations at its 1,200 MWh Papago Storage facility with APS, which came online ahead of peak summer electricity demand. The facility operates under a 20-year tolling agreement with APS.

About Recurrent Energy
Recurrent Energy, a subsidiary of Canadian Solar Inc., is one of the world’s largest and most geographically diversified utility-scale solar and energy storage project development, ownership, and operations platforms. With an industry-leading team of in-house energy experts, Recurrent Energy serves as Canadian Solar’s global development and power services business. To date, Recurrent Energy has successfully developed, built, and connected 12 GWp of solar projects and 6 GWh of energy storage projects across six continents. As of June 30, 2025, its global pipeline comprises approximately 26 GWp of solar power and 73 GWh of energy storage capacity, excluding China. The company also provides operations and maintenance (O&M) services for nearly 14 GW of contracted solar and energy storage projects. Additional details are available at www.recurrentenergy.com.

About Canadian Solar
Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 165 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 13 GWh of battery energy storage solutions to global markets as of June 30, 2025, boasting a $3 billion contracted backlog as of June 30, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 27 GWp of solar and 80 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as China, the U.S., Europe, Brazil and Japan; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance (“ESG”) requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

Canadian Solar Inc. Investor Relations Contact
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com 

Recurrent Energy Media Inquiries
Inés Arrimadas
Recurrent Energy
comm_global@recurrentenergy.com

HanchorBio Secures US Patent for Innovative SIRPα/CD47 Fusion Protein HCB101

By
Advertorial Desk
-

TAIPEI and SHANGHAI and SAN FRANCISCO, Oct. 21, 2025 /PRNewswire/ — HanchorBio today announced that its proprietary HCB101, a SIRPα/CD47 fusion protein candidate, has been officially granted a US patent (Patent No. 12,447,195) by the United States Patent and Trademark Office (USPTO). Titled “ENGINEERED SIRPα VARIANTS AND METHODS OF USE THEREOF”, the patent represents major international recognition for the company’s innovative technology for immuno-oncology.

Mechanism of Action and Novelty of HCB101: An Innovative Fusion Protein Design

Developed using HanchorBio’s proprietary FBDB™ (Fc-Based Designed Biologics) platform, HCB101 is an engineered SIRPα/CD47 fusion protein designed to precisely modulate the immune system’s recognition and phagocytic functions, effectively overcoming the challenge of tumor immune evasion and enhancing the clearance of cancer cells.

The molecule employs an engineered variant strategy, featuring novel amino acid substitutions at previously unclaimed and undisclosed SIRPα sites.
These innovative structural mutations significantly enhance the binding affinity and functional potency of HCB101 toward CD47 expressed on tumor cells, thereby reactivating macrophage-mediated cancer cell killing while minimizing the hematologic toxicities commonly associated with traditional CD47 monoclonal antibody therapies.

The USPTO recognized HCB101’s original mutation design and unprecedented potency as clear evidence of novelty and inventive step, distinguishing it from prior technologies and enabling the molecule to successfully pass the rigorous US patent examination process.

In addition to robust intellectual property protection, the patent also strengthens HanchorBio’s position for licensing negotiations and strategic collaborations, further enhancing its global partnership and value creation potential.

Dr. Scott Liu, Chairman of HanchorBio, commented: “The US patent grant for HCB101 is a testament to HanchorBio’s robust R&D capabilities in immunotherapy, while also illustrating the heights of innovation that Taiwan’s biotech industry is capable of reaching. Backed by a solid IP position, we are committed to further expanding global collaboration.”

Why the United States: A Strategic and Symbolic First Step

HanchorBio strategically selected the United States as the first jurisdiction for patent filing and issuance, recognizing it as the world’s most influential and standard-bearing market for biopharmaceutical innovation and licensing. US patent approval often serves as a benchmark for patent examiners in other countries, amplifying both credibility and momentum for subsequent filings.

For the filing, HanchorBio worked with Fish & Richardson, one of the largest and most respected intellectual property law firms in the US. The successful approval of HCB101’s US patent demonstrates the molecule’s technical originality and therapeutic advancement, paving the way for accelerated future examinations in Europe and multiple Asian territories.

Dr. Wenwu Zhai, Chief Scientific Officer of HanchorBio, remarked:
“We prioritized the US market as the foundation of our IP strategy, as its market scale and influence align closely with our long-term growth objectives. Building on this milestone, we will further build a comprehensive global IP protection network.”

Global Patent Strategy: Strengthening Licensing and Partnerships

Following this US patent grant, HanchorBio will advance patent filings across Europe, Taiwan, and other Asian countries as part of its broader global IP roadmap.
This strategy aims to consolidate the company’s leadership in immuno-oncology and fusion protein drug development, while significantly enhancing its negotiating power for international licensing and co-development opportunities.

The HCB101 patent represents not only a technological milestone but also a pivotal step in HanchorBio’s journey toward global market expansion.

About HanchorBio

Based in Taipei, Shanghai, and the San Francisco Bay Area, HanchorBio (7827.TWO), a global biotechnology company specializing in immuno-oncology, is led by an experienced team of pharmaceutical industry veterans with a proven track record of success in biologics discovery and global development, aiming to rewrite cancer therapies. Committed to reactivating the immune system to fight diseases, the proprietary Fc-based designer biologics (FBDB™) platform enables the development of unique biologics with diverse multi-targeting modalities, unleashing both innate and adaptive immunity to overcome the current challenges of anti-PD1/L1 therapies. The FBDB™ platform has successfully delivered proof-of-concept data in several in vivo tumor animal models. By making breakthroughs in multi-functional innovative molecular configurations in R&D and improving the manufacturing process in CMC, HanchorBio develops transformative medicines to address unmet medical needs. For more information, please visit: https://www.HanchorBio.com

Bybit Pay Bridges Web3 and Retail Payment in Armenia

By
Advertorial Desk
-

DUBAI, UAE, Oct. 21, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce a new strategic partnership between Bybit Pay and Idram, Armenia’s established financial service provider and digital payment powerhouse. The integration underscores Bybit Pay’s unwavering commitment to building crypto’s global payment rails through incremental, localized initiatives that bring real-life benefits to digital asset holders.

To mark the official debut of Bybit Pay’s collaboration with Idram in Armenia, a launch ceremony will take place on October 22, 2025 in Yerevan, Armenia. Key stakeholders from Bybit and Idram will address fintech partners and the payment community in the region, unveiling their shared commitment to advancing digital payment infrastructure and innovation across the region.

Joining forces to launch comprehensive payment services in Armenia, Bybit Pay and Idram will enable users to make QR code payments in the country at over 25,000 in-store points of sales.  With over 90% in QR payment market share in Armenia, Idram specializes in compliant and innovative digital payment solutions and has been serving the community for over two decades.

For merchants, Idram enables a single-point access within the uniformed market of Eurasian Economic Union countries, home to over 185 million people. International users of Bybit Pay will also get to enjoy a seamless payment experience with just their app when they travel to Armenia.

“Bybit and traditional fintech companies are natural partners. Bybit Pay’s expansion to Armenia powered by Idram’s network is another step in building our global reach and elevating crypto convenience for our community,” said Sophie Chen, Head of Marketing, Payment Business Unit at Bybit. “We are committed to establishing deep, meaningful partnerships that create lasting value for local communities.”

“This partnership demonstrates Idram’s commitment to innovation and strengthening global connections,” said Arsene Kdenian, CEO of Idram. “By integrating our QR system with Bybit Pay, we enable international visitors to make convenient and secure payments while visiting Armenia. At the same time, recognizing that the use of cryptocurrency just started to develop worldwide, this collaboration allows Bybit users to make payments already in Armenia with their digital assets app at more than 25,000 points of sale in an easy and accessible way,” added Kdenian.

Scan to Pay with QR Code – How it Works

  1. The user scans merchant QR code with the Bybit Pay app (by choosing “Bybit Pay” -> “QR Pay”)
  2. In a few seconds the payment confirmation window opens, displaying the transaction details
  3. The user taps “Confirm” to approve and complete the payment

Bybit Pay continues to unlock new destinations for its users while advancing the broader mission of global financial accessibility. The crypto-native payment solution currently serves eligible global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may visit the Bybit Pay official page.

Bybit Pay Bridges Web3 and Retail Payment in Armenia
Bybit Pay Bridges Web3 and Retail Payment in Armenia

#Bybit / #CryptoArk / #BybitPay

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

About Idram

Founded in 2004, Idram is Armenia’s premier digital financial platform, offering comprehensive services including e-wallet, QR/NFC payments, money transfers, and other financial tools to individuals and businesses. For more details about Idram, please visit idram.am.

For media inquiries, please contact: pr@idram.am

For updates, please follow: Facebook, Instagram

1...2,0602,0612,062...6,460Page 2,061 of 6,460