Home Blog Page 28

Hony Media Officially Expands into Robotics Platform Operation Business Establishes Joint Venture AIROBO (HK) to Deepen AI Application Scenarios

HONG KONG SAR – Media OutReach NewswireHony Media Group (“Hony Media Group“, the “Company“; Stock code: 419.HK; together with its subsidiaries collectively known as the “Group“) today announced that it has jointly established a joint venture, AIROBO (HK) LIMITED, in Hong Kong with AIROBO PTE. LTD (“AIROBO”), marking the Group’s official entry into the robotics platform operation business. The Group holds 70% equity interest in the joint venture, with AIROBO holding the remaining 30%. The joint venture has also set up a wholly‑owned subsidiary, AIROBO (Chengdu) Technology Co., Ltd., in the China (Sichuan) Pilot Free Trade Zone, which serves as the Group’s independent operating entity in Mainland China, taking full responsibility for business development, platform technology operationand customer service for the robotics platform in the PRC market. Both the joint venture and AIROBO (Chengdu) have become subsidiaries of the Group, and their financial results will be consolidated into the Group’s consolidated financial statements, further strengthening the Group’s asset and business foundation.

This business expansion signifies that the Group is extending its artificial intelligence and digitised operation capabilities from the existing healthcare industry sector into physical space scenarios. The Group has long been deeply engaged in digitised operations in the healthcare industry, having accumulated robust capabilities in AI algorithms, data platform operations and intelligent system development. The robotics platform operation business represents an innovative application of these core technologies in the physical world, sharing a common technical foundation with the Group’s existing technology systems, thus enabling efficient synergy and capability reuse. With the rapid advancement of AI, the Internet of Things and automation technologies, the robotics industry is evolving from pure hardware manufacturing toward platform‑based operations, presenting vast market opportunities. The Group’s timely entry into this emerging sector not only represents a meaningful expansion of its existing application scenarios, but also reflects the management’s keen insight into industry trends and forward‑looking strategic planning.

The Group’s partner, AIROBO, brings professional experience in robotics platform operations and technology research and development, while the Group contributes mature corporate management capabilities, abundant market resources and proven hands‑on expertise in digitised operations. The complementary strengths of both parties will provide solid support for the joint venture’s business development, help accelerate technology deployment and market penetration, and achieve resource sharing and capability superimposition. The Board firmly believes that this collaboration will inject new growth momentum into the Group, further diversify its revenue structure, and create sustainable value for shareholders over the long term. The Group will continue to focus on its core competitiveness in AI and digitised operations, actively explore further possibilities for technological innovation and industrial integration, and steadily advance its strategic transformation and upgrade.

Mr. Yuen Hoi Po, Executive Director and Chief Executive Officer of Hony Media Group, said: “This joint venture marks the official extension of the Group’s AI and digitised operation capabilities from the healthcare industry into physical robotics scenarios – a significant cross‑domain application of our technological strengths. As the robotics industry evolves from hardware manufacturing towards platform‑based operations, the Group is seizing this structural opportunity and extending the existing artificial intelligence and digital operation capabilities to robotics platform scenarios. AIROBO brings professional experience in robot platform operation and application scenarios, while the Group contributes market resources and management expertise. The complementary strengths of both parties will provide solid support for the business deployment of the joint venture. We believe this initiative will inject new growth momentum into the Group and generate long‑term sustainable value for our shareholders.”

Hashtag: #HonyMedia

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

About Hony Media Group

Hony Media Group is a Hong Kong‑listed company specialising in digitised operations and AI applications, with deep expertise in intelligent system development and data platform operations in the healthcare industry. The Group remains committed to driving industrial upgrading through technological innovation and actively expanding into emerging business scenarios. For more information about Hony Media Group, please visit the official website of the Group: .

16th IPMEX Malaysia 2026 Opens, Advancing Smart and Sustainable Printing Across ASEAN

More than 1,000 booths showcase next-generation printing, packaging and signage solutions from Malaysian and international companies

KUALA LUMPUR, Malaysia, Aug. 12, 2026 /PRNewswire/ — The 16th International Printing, Paper, Packaging Machinery Exhibition (IPMEX Malaysia 2026) officially opened today at the Malaysia International Trade and Exhibition Centre (MITEC), officiated by YB Datuk Seri Dr. Wee Ka Siong, Member of Parliament for Ayer Hitam and President of the Malaysian Chinese Association (MCA). The four-day exhibition brings the printing, packaging, labelling, signage and textile-printing industries together around automation, sustainability and new commercial opportunities.

16th IPMEX Malaysia 2026 Opens, Advancing Smart and Sustainable Printing Across ASEAN
16th IPMEX Malaysia 2026 Opens, Advancing Smart and Sustainable Printing Across ASEAN

Organised by Kaizer Exhibitions & Conferences Sdn Bhd under the theme “Print Package Possibility”, IPMEX Malaysia 2026 runs from 12 to 15 August 2026. The exhibition is endorsed by the Malaysia External Trade Development Corporation (MATRADE), supported by the Malaysia Convention & Exhibition Bureau (MyCEB) and 15 industry associations.

Malaysia’s printing, packaging, signage and textile industries are essential to our commercial and export ecosystem. We must support SMEs in adopting practical automation, AI-driven inspection, energy-efficient equipment and more sustainable materials, while continuing to upskill our workforce. Platforms such as IPMEX and Sign Malaysia connect local businesses with global technology and partnerships, helping them raise productivity, meet international standards and strengthen Malaysia’s competitiveness in regional supply chains,” said YB Datuk Seri Ir. Dr. Wee Ka Siong.

Occupying 12,530 square metres, the 16th edition features 214 exhibiting companies, comprising 90 international companies and 124 Malaysian companies. Participants represent China, Italy, South Korea, Singapore, the United States and Malaysia, while the organiser expects 13,389 trade visitors across the four days. The scale reflects IPMEX’s continued development as a regional sourcing and technology platform for printers, converters, brand owners, sign makers, equipment distributors and buyers.

“IPMEX Malaysia 2026 is designed to move beyond a static machinery showcase. By bringing commercial printing, smart packaging, label production and visual signage into one sourcing environment, we aim to help regional businesses adopt automation, AI-enabled inspection, digital workflows and lower-waste production,” said Ms. Belle Yam, Managing Director of Kaizer Exhibitions & Conferences Sdn Bhd.

IPMEX Malaysia 2026 is co-located with Sign Malaysia Exhibition, themed “LED Light Up the City”, and features zones for Label & Flexible Packaging and Textile Print. Together, the platforms connect industrial print, paper and packaging machinery with signage, digital displays, advertising media and print applications. This integrated format enables visitors to source across the value chain, from raw print media and automated finishing systems to packaging, labels and illuminated signage.

Technology highlights include high-speed digital and variable-data printing, smart label production, flexible and corrugated packaging, pre-press and post-press systems, UV-LED printing, direct-to-garment and direct-to-film solutions, automated visual inspection, interactive displays and more sustainable inks and materials. Featured brands and technology providers include Epson, HP, Mimaki, Konica Minolta, Ricoh, Kodak, Mutoh, Pulisi and Malaysian manufacturer STH Wire.

Business-matching, live demonstrations and networking programmes will run throughout the exhibition, helping Malaysian companies evaluate new production technologies, identify distribution partners and connect with regional and international buyers. The event also supports the industry’s shift toward shorter production runs, personalised packaging, energy-efficient equipment and more circular manufacturing practices.

As IPMEX enters its 16th edition, the exhibition reinforces Malaysia’s role as an ASEAN gateway for printing, packaging and visual communication technologies, while creating a platform for cross-border sourcing, technology adoption and partnerships. IPMEX Malaysia 2026 continues at MITEC until 15 August 2026.

About IPMEX Malaysia

IPMEX Malaysia is an established biennial business-to-business trade exhibition serving the printing, paper, packaging machinery, labelling, publishing and connected visual communication industries. Organised by Kaizer Exhibitions & Conferences Sdn Bhd, the exhibition has evolved over 16 editions from an industrial printing machinery show into an integrated regional platform covering digital printing, smart labels, flexible packaging, textile printing, signage and sustainable production technologies. IPMEX connects manufacturers, technology providers, printers, converters, brand owners, distributors and trade buyers through live demonstrations, business matching and cross-border networking.

Website: https://kaizer.com.my/ipmex-malaysia/

 

Acwa signs joint development agreement with PT GARAM for Indonesia’s first utility-scale integrated seawater desalination and industrial salt project

  • Approximately USD 400 million project designed to produce around 62,500 cubic meters of desalinated water per day and 500,000 tons of high-purity industrial salt a year
  • Advances Indonesia’s water and industrial-salt security in a single integrated facility at Manyar, Gresik, East Java
  • Joint development agreement signed at Danantara’s office in Jakarta and witnessed by H.E. Rosan Roeslani, Chief Executive Officer of Danantara, and Minister of Investment of the Republic of Indonesia

JAKARTA, Indonesia and RIYADH, Saudi Arabia, Aug. 12, 2026 /PRNewswire/ — Saudi-listed Acwa (formerly ACWA Power), the world’s largest private water desalination company, a leader in the energy transition, and a first mover into green hydrogen at scale, has signed a Joint Development Agreement with PT GARAM, Indonesia’s state-owned salt enterprise, to develop the country’s first utility-scale integrated seawater desalination and industrial salt production facility.

Left to right: Mr. Abraham Mose (President Director of PT GARAM), H.E. Mr. Rosan Roeslani (CEO Danantara, Minister of Investment of the Republic of Indonesia), H.E. Mr. Faisal Abdullah Al-Amodi (Ambassador of the Kingdom of Saudi Arabia to the Republic of Indonesia), Dr. Samir J. Serhan (Group CEO of Acwa) and Mr. Tim Anderson (President Director of PT Acwa Power Indonesia)
Left to right: Mr. Abraham Mose (President Director of PT GARAM), H.E. Mr. Rosan Roeslani (CEO Danantara, Minister of Investment of the Republic of Indonesia), H.E. Mr. Faisal Abdullah Al-Amodi (Ambassador of the Kingdom of Saudi Arabia to the Republic of Indonesia), Dr. Samir J. Serhan (Group CEO of Acwa) and Mr. Tim Anderson (President Director of PT Acwa Power Indonesia)

The agreement was signed by Abraham Mose, President Director of PT GARAM, and Tim Anderson, Chief Executive Officer of PT Acwa Power Indonesia, at Danantara’s office in Jakarta and witnessed by H.E. Rosan Roeslani, Chief Executive Officer of Danantara and Minister of Investment of the Republic of Indonesia. Planned for Manyar in Gresik, East Java, and valued at approximately USD 400 million, the facility will combine a seawater reverse-osmosis (SWRO) plant with an integrated salt production line, producing around 62,500 cubic meters of desalinated water per day and approximately 500,000 tons of high-purity industrial salt a year.

Dr. Samir J. Serhan, Chief Executive Officer of Acwa, said: “Indonesia is an important growth market for Acwa, and this agreement represents another step in our commitment to supporting the country’s long-term water and industrial needs. By combining our expertise in large-scale seawater desalination with the production of high-purity industrial salt, we have an opportunity to deliver an integrated solution that strengthens water security while supporting Indonesia’s ambition to increase domestic salt production. We look forward to working closely with PT GARAM and Danantara to advance this important project.”

The project is designed on a Build-Own-Operate basis and will be developed through a project company established in Indonesia, using a limited or non-recourse project financing structure anchored in the project’s own cash flows. Indonesia currently imports more than 4 million tons of industrial salt a year, with demand expected to rise to more than 7.7 million tons by 2028. By recovering high-purity salt as a co-product of the desalination brine-management process, the Gresik facility is designed to increase domestic salt supply while providing a reliable source of desalinated water for industrial use. The project also creates the potential, subject to feasibility, to recover additional marine minerals from the same process.

Abraham Mose, President Director of PT GARAM, said: “The signing of this Joint Development Agreement marks a significant milestone for PT GARAM in building a salt industry that is more modern, efficient, and competitive. This enables Indonesia to increase salt production capacity while also building an industrial ecosystem that integrates desalination technology, industrial salt production, energy efficiency, and the potential for developing other marine minerals. Technology and knowledge transfer are central to this collaboration, and our aim is to ensure that Indonesia has world-scale production facilities alongside the workforce capable of operating and developing them sustainably.”

Tim Anderson, Chief Executive Officer of PT Acwa Power Indonesia, said: “This is a strong foundation for developing an integrated solution tailored to Indonesia’s needs. Combining desalinated water and high-purity industrial salt production within a single facility creates the potential to address two important national priorities at once. Our focus will now be on working closely with PT GARAM to progress the project responsibly and establish the foundations for its successful long-term development.”

Under the agreement, Acwa will contribute its experience in desalination project development, technology selection, technical design, financing structure, engineering, procurement, and construction, as well as long-term operations and maintenance. The collaboration also includes knowledge and technology transfer, training, and the sharing of operating protocols with personnel from PT GARAM and the project company. PT GARAM will lead site readiness and project access, permitting, and stakeholder coordination in Indonesia, and the development of markets and commercial channels for the facility’s output.

Acwa holds more than 98 GW of global power capacity, including more than 52 GW of renewable energy, and is the world’s largest private water desalination company. Its global experience in developing, financing, constructing, and operating large-scale water and power infrastructure, together with its growing presence in Indonesia, positions the company to support the country’s long-term demand for reliable and sustainable water solutions.

About Acwa

Acwa (TADAWUL: 2082) is a Saudi-listed company and the world’s largest private water desalination company, the first mover into green hydrogen, and a leader in the global energy transition. Registered and established in 2004 in Riyadh, Saudi Arabia, Acwa employs over 4,000 people and is currently present in 16 countries in the Middle East, Africa, Central Asia, and Southeast Asia. As of July 2026, Acwa’s portfolio comprises 111 assets in operation, advanced development, or under construction, representing SAR 475 billion / USD 127 billion of assets under management and the capacity to generate 98.2 GW of power (of which 52.3 GW is renewables) and manage 9.7 million m³/day of desalinated water. The energy and water capacity generated by Acwa’s assets is delivered on a bulk basis to address the needs of state utilities and industries on long-term, off-taker contracts under utility services outsourcing and public-private partnership models.

Learn more: www.acwapower.com 

 

Vinhomes Drives Asia’s Sustainable Real Estate Evolution Through Integrated ESG Scale


HANOI, VIETNAM – Media OutReach Newswire – 12 August 2026 – Vinhomes, Vietnam’s leading real estate developer, is fundamentally redefining the role of ESG (Environmental, Social, and Governance) in urban development. Moving beyond compliance reporting, the company has embedded ESG principles into every phase of its project lifecycle, from construction and governance to operations and resident experience.

Located in Can Gio, Vinhomes Green Paradise is positioned as the world's first
Located in Can Gio, Vinhomes Green Paradise is positioned as the world’s first “ESG++” coastal mega-development, expanding beyond traditional sustainability pillars.

Through two landmark coastal mega-developments, Vinhomes Green Paradise, positioned as the world’s first “ESG++” city, and Vinhomes Global Gate in Hạ Long, which applies the same principles at landmark scale, Vinhomes is redefining sustainable urban development by adding Regeneration and Resilience to the traditional ESG pillars.

This strategic approach reinforces Vietnam’s position within Asia’s evolving sustainable real estate landscape, aligning with global institutional investors’ growing demand for resilient, future-proof assets.

From compliance to competitive advantage, ESG as an operational backbone

Vinhomes has systematically transformed ESG from a reporting obligation into a competitive differentiator. Across its construction sites, the company applies rigorous environmental management protocols long before projects reach completion. Construction sites deploy dust-suppression systems, automated wheel‑washing stations, real‑time emissions tracking, vibration monitoring, comprehensive wastewater treatment and noise control, measures increasingly expected in developed markets, yet still uncommon when implemented consistently at this scale across mega-projects.

Equally, social governance is a priority. Vinhomes invests heavily in workforce development through technical training, strict occupational safety standards, and competitive welfare policies. On the governance front, the company operates under internationally recognized certifications, including ISO 9001 (quality), ISO 14001 (environment), ISO 45001 (health and safety), and SA8000 (social accountability). Standardized construction management, data transparency, and performance‑based accountability further reduce operational risks and ensure project delivery, with compliance extending across the organisation through environmental and safety procedures, including waste segregation, environmental protection measures, and customer response protocols.

Post‑completion, Vinhomes continues to uphold ESG through integrated property management, centralized security, professional facility services, and digital platforms that simplify daily life. Internal surveys indicate that more than 96% of residents express satisfaction with these services, underscoring how operational excellence increasingly forms part of the company’s broader ESG proposition. These efforts have begun earning external recognition: in 2025, Vinhomes received the “Enterprise for Green Community Action” award at the inaugural Vietnam ESG Awards, acknowledging its leadership in integrating ESG principles into both development and operational practices.

Building ESG++ cities, regeneration and resilience as the new frontier

The traditional ESG framework balances environmental protection, social inclusivity, and governance. Vinhomes goes further. Its “ESG++” concept, first embodied in Vinhomes Green Paradise in Can Gio, adds two critical dimensions.

The first is Regeneration, which focuses on actively restoring coastal ecosystems through continuous mangrove reforestation, biodiversity conservation, and environmental education programmes.

The second is Resilience, which entails designing urban infrastructure that can adapt to future climate challenges, including sea‑level rise, rather than merely responding to present conditions.

Vinhomes Green Paradise integrates ecological master planning, renewable energy, efficient water management, and energy‑efficient infrastructure, targeting BREEAM certification for green development and ISO 37122 for smart city performance.

Its social ecosystem, encompassing healthcare, education, cultural venues, sports facilities, and public amenities, is planned to support long‑term community well‑being, not as isolated components but as an interconnected urban fabric.

Governance within Green Paradise is expected to rely heavily on smart-city technologies that optimise transportation, security, public services, and energy management through digital platforms, improving operational efficiency while enhancing residents’ daily experience.

Vinhomes Global Gate Ha Long, officially launched on April 25, 2026, applies the same principles to a different geography. Spanning over 6,200 hectares along the Ha Noi – Hai Phong – Quang Ninh expressway and overlooking UNESCO‑listed Hạ Long Bay, the project is strategically positioned as an international urban gateway, sited directly opposite the planned depot station of the future Ha Noi – Quang Ninh high‑speed railway. Once rail services begin, the line will place Ha Long just 23 minutes from the capital, prompting Vinhomes to envision it as a future “New Ha Noi” beside one of the world’s most celebrated natural wonders.

More than 2,500 hectares of green spaces, waterways, and mangrove systems are woven into the master plan, including 680 hectares of naturally filtered seawater, approximately 200 km of sandy coastline, and over 660 hectares of Globe Ha Long Forest Park. The development is also targeting ISO 37125 (environmental and social governance for cities), further reinforcing its global sustainability credentials.

As Vietnam’s property market enters a more selective recovery phase in 2026, driven by regulatory transparency, disciplined capital allocation, and rising demand for integrated, eco‑responsible developments, Vinhomes’ two flagship projects stand out as benchmarks. By combining resilient planning, operational excellence, and internationally verifiable sustainability standards, Green Paradise and Global Gate are poised to attract keen interest from both domestic homebuyers and institutional investors worldwide.

Ultimately, these projects are not merely large‑scale real estate ventures. They represent a compelling case that Vietnam can actively shape the next generation of globally relevant ESG‑driven cities, where economic growth, ecological restoration, and climate adaptation reinforce rather than compete with each other.

Hashtag: #Vinhomes

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

About Vinhomes

Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.

Cypherpunk Technologies Reports Second Quarter 2026 Financial Results

CAMBRIDGE, Mass., Aug. 12, 2026 /PRNewswire/ — Cypherpunk Technologies Inc., (Nasdaq: CYPH) (“Cypherpunk”), today reported financial results for the second quarter ended June 30, 2026.

“In the second quarter, Cypherpunk built upon the momentum established earlier this year through the disciplined execution of our Zcash digital asset treasury strategy, increasing our treasury holdings to 323,394.38 ZEC, and welcoming Dev Ojha, founder of Valar Group, as an Advisor,” said Douglas E. Onsi, President and CEO of Cypherpunk Technologies. “Our Leap Therapeutics subsidiary reached alignment with the FDA on a proposed Phase 3 trial in a DKK1-high, second-line, metastatic colorectal cancer population, with objective response rate as the primary endpoint to support accelerated approval and overall survival to support full approval in the United States and registration globally. We are conducting a strategic process to determine the best path to advance sirexatamab, whether as an independently financed spin-out company or with a partner who shares our commitment to cancer patients.”

“In an increasingly AI-driven economy, the demand for true privacy is moving from a technical preference to a civilizational necessity. Our execution in the second quarter reinforces Cypherpunk’s conviction in Zcash as a foundational monetary asset. By growing our ZEC treasury, expanding our world-class advisory team, and continuing to back core infrastructure developers like ZODL, we are systematically positioning Cypherpunk to capture the long-term value of digital privacy adoption,” said Will McEvoy, Chief Investment Officer of Cypherpunk.

Cypherpunk Highlights:

  • Zcash treasury holdings increased to 323,394.38 ZEC
    • As of August 11, 2026, Cypherpunk held a total of 323,394.38 ZEC at an average purchase price of $341.83, representing approximately 1.92% of the total circulating supply of the Zcash network.
    • ZEC is a digital currency that can be transmitted over a peer-to-peer payment system. Zcash uses a cryptographic method called “zero-knowledge proofs” to allow users to engage in financial transactions while maintaining greater privacy.
  • Dev Ojha Appointed as an Advisor
    • Cypherpunk appointed Dev Ojha, the founder of Valar Group, a leading development and research team focused on the Zcash Network, as an Advisor. Valar Group has taken a significant role in developing Zakura, a high-performance full node software designed for massive scalability of Zcash, and on the Ironwood shielded pool. Dev also serves as an official ZIP Editor for Zcash protocol standards. Cypherpunk’s Advisory Team also includes: Arjun Khemani, Zcash key opinion leader; Josh Swihart, CEO of ZODL; Jeff Tiller, Chief of Staff of Gemini; and Zooko Wilcox, Founder of Zcash and Chief Product Officer at Shielded Labs.

Leap Therapeutics Subsidiary Highlights:

  • Publication of randomized Phase 2 DeFianCe study in Clinical Cancer Research
    • Leap Therapeutics announced the publication of results from the randomized Phase 2 DeFianCe (NCT05480306) study of sirexatamab (DKN-01), an anti-DKK1 monoclonal antibody, in Clinical Cancer Research. The publication, “Sirexatamab in Combination with Bevacizumab and Chemotherapy as Second-Line Therapy for Advanced Colorectal Adenocarcinoma: the Phase II DeFianCe Trial,” reported the complete efficacy, safety, and biomarker analyses from the study and details the statistical basis for the DKK1 biomarker finding.
    • The peer-reviewed analyses establish that, while the prespecified primary endpoint was not met in the intent-to-treat population, the benefit of sirexatamab increases as a patient’s baseline plasma DKK1 level rises — a relationship confirmed by independent statistical approaches and reinforced by the observation that high DKK1 predicts poorer outcomes on standard of care alone. Together, these findings define DKK1-high metastatic colorectal cancer (mCRC) as a biologically distinct population with high unmet need.
  • Reached FDA alignment on registrational Phase 3 trial in DKK1-high colorectal cancer
    • Leap Therapeutics held a Type C meeting with the FDA to discuss the DeFianCe results and proposed registrational path for sirexatamab in DKK1-high, second-line mCRC. Leap presented its proposed Phase 3 trial design, and the FDA provided feedback supporting key elements of that design, including the use of a DKK1 biomarker-selected patient population and a dual-endpoint structure intended to support both accelerated and full approval.
    • Leap Therapeutics reached alignment with the FDA on a randomized, controlled Phase 3 trial evaluating sirexatamab in combination with investigator’s-choice fluoropyrimidine-based chemotherapy (FOLFIRI or mFOLFOX6) plus bevacizumab, compared with chemotherapy and bevacizumab alone. Approximately 270 patients with mCRC whose disease has progressed following one prior line of systemic therapy prospectively identified as DKK1-high using a baseline plasma DKK1 assay cut point are expected to be enrolled and randomized 1:1. Potential accelerated approval in the United States could be determined by objective response rate (ORR) in an initial group of approximately 160 patients, and overall survival (OS) will be evaluated in the full study population intended to support a filing for full approval in the United States and to support registration in markets outside the United States.
    • A blood-based companion diagnostic would be developed in parallel to identify DKK1-high patients in routine clinical practice.
  • Sirexatamab received Fast Track designation from FDA
    • In May 2026, the FDA granted Fast Track designation to sirexatamab in combination with fluoropyrimidine plus oxaliplatin- or irinotecan-based chemotherapy and bevacizumab, for the treatment of patients with DKK1-high mCRC whose disease has progressed following one prior systemic therapy.
    • The Fast Track program is intended to facilitate the development and expedite the review of drug candidates and vaccines that treat serious conditions and fill an unmet medical need. Programs with Fast Track designation may benefit from frequent communication with the FDA, in addition to a rolling submission of the marketing application.
  • Business update
    • Leap Therapeutics has initiated a strategic process to identify the best path forward for sirexatamab and to secure the resources required to advance the program into Phase 3 development. The process is expected to consider a range of alternatives, which may include financing the program as an independent entity, or a strategic transaction with a pharmaceutical or biotechnology company, including a partnership, license, collaboration, sale, or other business combination.
    • There can be no assurance that the strategic process will result in any transaction or financing, or that any transaction or financing that is completed will be on terms favorable to the Company or its stockholders. The Company has not set a timetable for the conclusion of the process and does not intend to disclose developments unless and until it determines that further disclosure is appropriate or required.

Selected Second Quarter 2026 Financial Results

Net income was $39.4 million, or $0.18 per diluted share, for the second quarter of 2026, compared to a net loss of $16.6 million for the second quarter of 2025. The change was primarily due to a $46.0 million unrealized gain on the fair value of the Company’s ZEC treasury holdings during the second quarter of 2026, which are marked to market at the end of each period. During the second quarter of 2026, the price of ZEC increased from $243.35 to $400.09.

Research and development expenses were $0.2 million for the three months ended June 30, 2026, compared to $10.5 million for the same period in 2025. The decrease was primarily due to a decrease in clinical trial and manufacturing expenses due to the completion of the clinical trials, together with a decrease in payroll and related expenses associated with the 2025 reduction in force.

General and administrative expenses were $4.5 million for the three months ended June 30, 2026, compared to $1.8 million for the same period in 2025. The increase of $2.7 million for the three months ended June 30, 2026 was primarily due to a $1.7 million increase in stock-based compensation related to restricted stock units granted to general and administrative employees and directors in the fourth quarter of 2025, a $0.8 million increase in payroll and related expenses, and a $0.2 million increase in professional fees.

During the three months ended June 30, 2026, the Company recorded a $46.0 million unrealized gain on the change in fair value of the Company’s ZEC treasury holdings as the price of ZEC increased during the second quarter of 2026 from $243.35 to $400.09.

Cash and cash equivalents totaled $7.6 million on June 30, 2026, and ZEC treasury holdings, categorized as digital asset receivable, totaled $129.4 million based on the ZEC price of $400.09 on June 30, 2026.

About Cypherpunk

Cypherpunk Technologies is a privacy technology company. The Company’s mission is to advance technologies that guarantee privacy for humans on the internet. Cypherpunk pursues this mission through two primary strategies: accumulating Zcash (ZEC); and investing in, acquiring, and building technologies that push the frontier of privacy forward. Additionally, through its subsidiary Leap Therapeutics, the Company is developing novel therapies for patients with cancer, continuing the development of sirexatamab and FL-501. For more information about the Company, visit our websites at http://www.cypherpunk.com and http://www.leaptx.com or view our public filings with the SEC that are available via EDGAR at http://www.sec.gov.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Forward-looking statements address various matters including statements relating to the value of the Company’s ZEC holdings, the investment in Zcash Open Development Labs (“ZODL”), or digital assets held or to be held by the Company, the expected future market, price, and liquidity of ZEC or other digital assets the Company acquires, the macro and political conditions surrounding Zcash or digital assets, the Company’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other corporations in similar business strategies, technological and market trends, and future financial condition and performance. Risks and uncertainties of the digital asset treasury strategy include, among others: (a) risks relating to the Company’s operations and business, including the highly volatile nature of the price of ZEC; (b) the risk that material changes in the price of ZEC, such as decreases in price, will result in significant changes to the Company’s financial statements, such as unrealized losses on fair value of ZEC holdings and net loss; (c) the risk that the price of the Company’s common stock may be highly correlated to the price of ZEC; (d) the risk that the Company will fail to realize the anticipated benefits of the ZEC digital asset treasury strategy or the investment in ZODL; (e) risks related to the custody of our ZEC and our reliance on Gemini Space Station and its affiliates for trading and custody services; (f) changes in business, market, financial, political and regulatory conditions; (g) risks related to increased competition in the industries in which the Company does and will operate; (h) risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; (i) risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; and (j) the Company’s ability to comply with the continued listing requirements of the Nasdaq Capital Market.

With respect to our biotechnology operations, important factors that could cause actual results to differ materially from our plans, estimates or expectations could include, but are not limited to: (i) the DeFianCe study did not meet its prespecified primary endpoint of progression-free survival in the intent-to-treat population; (ii) the DKK1 biomarker subgroup and interaction analyses were exploratory, were based on a limited number of patients, were not adjusted for multiplicity, and may not be replicated in a prospective clinical trial; (iii) the impact of imbalances between treatment arms in the DKK1 subgroups; (iv) the risk that alignment with the FDA on trial design does not constitute agreement that any trial will succeed or that any marketing application will be accepted or approved, and the FDA may change its position at any time; (v) accelerated approval, if pursued, requires that the surrogate endpoint be reasonably likely to predict clinical benefit and is subject to confirmatory trial requirements and possible withdrawal if such requirements are not satisfied; (vi) the Company’s ability to initiate or complete the Phase 3 trial on the anticipated timeline or at all; (vii) the Company’s ability to obtain additional capital to advance sirexatamab on acceptable terms or at all; (viii) that risk that the strategic process may not result in any transaction or financing, may be terminated at any time, and any resulting transaction may not be on terms favorable to the Company or its stockholders; (ix) the Company’s ability to develop and validate a companion diagnostic; (x) the success of competing therapies; (xi) the Company’s ability to secure manufacturing capacity for sirexatamab; and (xii) the Company’s ability to maintain and protect its intellectual property rights.

New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. The Company may not actually achieve the forecasts disclosed in such forward-looking statements, and you should not place undue reliance on such forward-looking statements. Such forward-looking statements are subject to a number of material risks and uncertainties including but not limited to those set forth under the caption “Risk Factors” in the Company’s most recent Annual Report on Form 10-K filed with the SEC, or as may be included in other reports or information we file with the SEC, as well as discussions of potential risks, uncertainties, and other important factors in its subsequent filings with the SEC. Any forward-looking statement speaks only as of the date on which it was made. Neither the Company, nor any of its affiliates, advisors or representatives, undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date hereof.

Cypherpunk Technologies Inc.

Consolidated Balance Sheets

(in thousands, except share and per share amounts)

June 30, 

December 31, 

2026

2025

(Unaudited)

Assets

Current assets:

Cash and cash equivalents

$           7,624

$         14,035

Digital assets receivable

1,29,387

1,47,404

Research and development incentive receivable

602

Prepaid expenses and other current assets

539

40

Total current assets

1,37,550

1,62,081

Right of use assets, net

38

38

Deferred costs

348

401

Deposits

33

662

Other investment

5,000

Total assets

$       1,42,969

$       1,63,182

Liabilities and Stockholders’ Equity 

Current liabilities:

Accounts payable

$              588

$           1,981

Accrued expenses

1,014

2,067

Income tax payable

97

472

Lease liability 

38

38

Total current liabilities

1,737

4,558

Non-current liabilities:

Deferred tax liability

1,913

5,118

Total liabilities

3,650

9,676

Stockholders’ equity:

Preferred stock, $0.001 par value; 10,000,000 shares authorized; 0 shares issued
    and outstanding as of June 30, 2026 and December 31, 2025, respectively

Common stock, $0.001 par value; 490,000,000 shares authorized; 107,764,382 and 83,851,051
  shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

108

84

Stock subscription receivable

(150)

Additional paid-in capital

6,39,618

6,16,216

Accumulated other comprehensive loss

(81)

(95)

Accumulated deficit 

(5,00,326)

(4,62,549)

Total stockholders’ equity 

1,39,319

1,53,506

Total liabilities and stockholders’ equity 

$       1,42,969

$       1,63,182

 

Cypherpunk Technologies Inc.
Consolidated Statements of Operations
(in thousands, except share and per share amounts)

 

(Unaudited)

(Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

Operating expenses:

Research and development

$                  197

$             10,537

$                  358

$             23,448

General and administrative 

4,492

1,817

9,148

4,823

Restructuring charges

4,527

4,527

    Total operating expenses

4,689

16,881

9,506

32,798

Loss from operations

(4,689)

(16,881)

(9,506)

(32,798)

Interest income 

63

246

158

683

Interest expense

(6)

(7)

(13)

(13)

Australian research and development incentives

1

56

Change in fair value of embedded derivative

45,993

(31,562)

Foreign currency gain (loss)

1

(2)

1

(6)

Income (loss) before income taxes

41,362

(16,643)

(40,922)

(32,078)

Benefit from (provision for) income taxes

(1,973)

3,145

Net income (loss) attributable to common stockholders

$             39,389

$            (16,643)

$            (37,777)

$            (32,078)

Net income (loss) per share 

Basic 

$                 0.21

$               (0.40)

$               (0.21)

$               (0.78)

Diluted

$                 0.18

$               (0.40)

$               (0.21)

$               (0.78)

Weighted average common shares outstanding 

Basic

18,43,28,441

4,14,44,979

17,62,60,808

4,13,57,423

Diluted

21,73,43,013

4,14,44,979

17,62,60,808

4,13,57,423

 

 Leap Therapeutics, Inc. 
 Condensed Consolidated Statements of Cash Flows 
 (in thousands) 

 

 (Unaudited) 

 (Unaudited) 

 Three Months Ended June 30, 

 Six Months Ended June 30, 

2026

2025

2026

2025

 Cash used in operating activities 

$          (2,692)

$        (14,486)

$          (6,122)

$        (28,966)

 Cash used in investing activities 

(9,544)

(18,544)

 Cash provided by (used in) financing activities 

13,167

(119)

18,242

(180)

 Effect of exchange rate changes on cash and cash equivalents 

4

22

13

27

 Net increase (decrease) in cash and cash equivalents 

935

(14,583)

(6,411)

(29,119)

 Cash and cash equivalents at beginning of period 

6,689

32,713

14,035

47,249

 Cash and cash equivalents at end of period 

$           7,624

$          18,130

$           7,624

$          18,130

CONTACT:
Douglas E. Onsi
President & Chief Executive Officer
Cypherpunk Technologies Inc.
617-714-0360

For Investors:
Matthew DeYoung
Investor Relations
Argot Partners
212-600-1902
leap@argotpartners.com

For Media:
Jacqueline Ortiz Ramsay
It Factor Strategies
954-294-3249
jacqueline@itfactorstrategies.com

 

AI Can Capture Conversations. But Who Turns Them Into Action?

A pocket-sized AI workmate that turns everyday conversations into follow-up emails, presentation drafts, and finished action lists, and makes AI easier to use for everyone.

SAN JOSE, Calif., Aug. 12, 2026 /PRNewswire/ — AI has become increasingly powerful, helping people generate content, answer questions, and process information faster than ever. Yet for many users, putting AI into daily workflows still feels complicated. Learning prompts, switching between tools, and building AI workflows can create barriers before users ever experience the value AI can bring.

Comu Action Pro is designed to change that.

As a pocket-sized AI workmate, Comu Action Pro helps users capture conversations, understand what matters, and turn discussions into practical outcomes, from follow-up emails and presentation drafts to action lists and organized insights. Instead of asking users to learn how to work with AI, Comu is built around a simpler idea:

AI should adapt to people, not the other way around.

Comu Action Pro
Comu Action Pro

Beyond Notes. Into Action.

Traditional AI voice recorders have made capturing conversations easier. But recording is only the beginning. The real challenge starts after the conversation ends.

A meeting creates decisions. An interview creates insights. A customer conversation creates opportunities. But turning those moments into emails, presentations, tasks, and next steps still requires time and manual effort.

That is the work that often fills the 30 minutes after a meeting ends: writing follow-up emails, organizing action items, and turning notes into presentations.

Comu Action Pro goes beyond transcription and summaries by using AI to transform conversations into practical work outputs. Instead of leaving users with another transcript to review, Comu helps turn conversations into actions:

  • Follow-up Emails
    Transform conversations into structured follow-up drafts, helping users quickly communicate decisions and next steps.
  • Action Items & Task Lists
    Identify key decisions, responsibilities, and next steps so important details are captured and easier to act on.
  • Presentation Drafts
    Turn discussions and ideas into organized presentation outlines, reducing the time spent structuring information.
  • Structured Notes & Summaries
    Create clear summaries and organized insights that make conversations easier to review, share, and apply.

By moving beyond recording and note-taking, Comu Action Pro helps users capture conversations, understand what matters, and create meaningful outputs from every discussion.

Capture Every Conversation, Wherever Work Happens

Important ideas rarely happen in perfect environments. They happen during meetings, customer conversations, interviews, networking events, and moments of inspiration.

Comu Action Pro is built with dedicated hardware designed specifically for capturing real-world conversations, so users can focus on the discussion instead of the technology:

  • 6-microphone adaptive array for improved voice capture in group settings
  • AI-powered noise reduction to handle complex, noisy environments
  • Up to 70 hours of recording capability for long meetings, full-day interviews, and travel

Understand What Matters, Not Just What Was Said

Recording words is easy. Understanding meaning is where AI creates real value.

Comu Action Pro uses AI to identify the important information within a conversation, helping users recognize key decisions, important topics, responsibilities, and next steps. Rather than leaving users with another transcript to review, Comu transforms conversations into structured insight.

Make Every Conversation More Productive

The value of AI is not just saving information. It’s helping people complete work.

Comu Action Pro converts conversations into practical outputs, including follow-up email drafts, presentation outlines, action lists, and organized summaries. It cuts out the repetitive work that usually follows a meeting or conversation, so users spend less time processing information and more time moving ideas forward.

Designed for Everyone, Not Just AI Experts

Many AI tools require users to understand prompts, learn workflows, or connect multiple applications before they become useful. Comu takes a different approach, and it starts with a single dedicated AI button built into the device.

No need to learn complicated workflows or master prompt writing. Users simply press the button and speak naturally, just as they would with a colleague. Comu helps transform those conversations into actionable tasks, organized ideas, follow-up emails, and presentation drafts. That one design choice is what actually lowers the barrier to using AI. It removes the steps that usually stand between having an idea and doing something with it, so people don’t need to learn how AI works before they can benefit from it.

Whether someone is an AI expert or just beginning to explore it, Comu Action Pro makes advanced AI capabilities easier to access.

Why Dedicated Hardware Still Matters

With smartphones already capable of recording audio, why create another device?

Because capturing important conversations requires more than a recording function. A phone’s recording is easily interrupted by calls and notifications, and its microphone typically hears whoever happens to be closest to it, not necessarily the person speaking. Dedicated hardware removes that friction, offering faster access when important moments happen, a distraction-free experience, and audio performance built specifically for real conversations rather than borrowed from a general-purpose device.

Comu Action Pro isn’t designed to replace your phone. It’s designed to do one thing better: turning conversations into outcomes, whether that’s a team meeting, an interview, a customer discussion, or a creative brainstorm. With support for 113+ languages and long-lasting battery performance, it’s built to keep up with individuals and teams across a wide range of real-world conversations.

Built Around Business-Grade Data Protection

Many of the conversations Comu Action Pro captures involve sensitive information: client details, internal decisions, unreleased plans. Comu’s security program is built around business data protection requirements, with support for standards and frameworks including GDPR, HIPAA, and SOC II.

For teams handling confidential conversations on a daily basis, that protection isn’t a footnote. It’s part of what makes the device usable in real business settings, not just casual note-taking.

Limited-Time Launch Offer

From August 12 through September 13, 2026, customers can purchase Comu Action Pro for $169.99 with promo code COMULAUNCH20 at checkout.

Offer availability, promo code eligibility and inventory may vary by sales channel. Terms and conditions apply.

About Comu

Comu is building a new generation of AI productivity tools that help people move from capturing information to acting on it.

Originally developed as Comulytic, Comu has evolved beyond AI note-taking into an AI workmate that combines dedicated hardware with intelligent workflows. Comu believes AI should not add complexity to everyday work. It should make work simpler, more natural, and more productive.

For more information, please visit: https://store.comu.com/

Recurrent Energy Powers Up Carwarp Energy Park in Australia Under Long-Term Microsoft PPA

The 150 MWac solar facility near Mildura will generate enough renewable energy to power approximately 65,000 Australian households annually and includes a dedicated fund to support community-led sustainability initiatives

KITCHENER, ON, Aug. 12, 2026 /PRNewswire/ — Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a leading global developer, owner, and operator of solar and energy storage assets, today announced that its 150MWac Carwarp Energy Park near Mildura, Victoria, Australia, has reached commercial operation. The project is backed by a long-term power purchase agreement (PPA) with Microsoft and strengthens Recurrent Energy’s track record of delivering and operating large-scale renewable energy projects in Australia.

Carwarp Energy Park is connected to the National Electricity Market through the 220 kV Victorian transmission network. The project also has planning and grid approvals to incorporate a hybrid 120 MW battery energy storage system (BESS), creating a clear pathway to support grid flexibility and reliability across the National Electricity Market.

The asset incorporates approximately 243,000 high-efficiency Canadian Solar TOPCon modules and is expected to generate around 405 GWh of electricity annually — enough to power approximately 65,000 Australian households with renewable energy. The facility is also expected to avoid approximately 227,000 tonnes of CO₂ emissions each year, equivalent to removing more than 49,000 internal combustion engine vehicles from the road. These figures underscore the project’s contribution to Victoria’s renewable energy targets and long-term decarbonization roadmap.

Carwarp Energy Park was delivered in accordance with rigorous standards and with active community engagement throughout development and construction. To date, the project has supported approximately 300 construction jobs and continues to drive local economic benefits and employment through its operating phase.

As part of this collaboration with Microsoft and through its Community CaRE program, Recurrent Energy has established a dedicated community benefit fund for Carwarp Energy Park. The fund will be administered in Australia by Groundswell Giving, and the Foundation for Rural and Regional Renewal (FRRR). It is designed to support community-led climate and environmental initiatives in rural and metropolitan communities, connected to the project’s wider energy and infrastructure footprint, including initiatives led by First Nations communities. This reinforces Recurrent Energy and Microsoft’s shared commitment to ensuring the energy transition delivers both clean power and enduring community value.

Dylan Marx, CEO at Recurrent Energy, commented, “Carwarp Energy Park reaching commercial operation ahead of schedule demonstrates our ability to deliver high-quality, large-scale renewable infrastructure safely and efficiently. With a long-term PPA secured with Microsoft, an established community fund, and approval to incorporate energy storage, Carwarp is positioned to provide strong community benefits, clean energy, and additional grid benefits for years to come. We thank our partners for their continued support and look forward to advancing the project’s approved storage pathway to deliver further benefits for the Australian energy network and customers.”

Liz Fitch, Head of Corporate, External and Legal Affairs for Microsoft Australia and New Zealand, added, “Australia’s transition to a low-carbon economy will require sustained investment in the energy infrastructure that underpins future growth. Projects like Carwarp Energy Park are an important part of that effort, adding new renewable generation to the grid while supporting regional communities and long-term economic opportunity. As demand for clean electricity grows, including from digital technologies and infrastructure, collaborations like this help strengthen Australia’s energy system and position the country to lead in a more sustainable and innovative future.”

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 more than 5 GWh of energy storage projects across six continents. As of September 30, 2025, its global pipeline includes approximately 23 GWp of solar power and 73 GWh of energy storage capacity. The company also has over 14 GW of solar and energy storage projects under operations and maintenance (O&M) contracts. These figures exclude China. 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 170 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 16 GWh of battery energy storage solutions to global markets as of September 30, 2025, boasting a $3.1 billion contracted backlog as of October 31, 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 25 GWp of solar and 81 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, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales 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 “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. 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

Explanatory Note — Environmental Footprint Sources

The environmental equivalencies referenced in this press release were calculated using the following publicly available sources:

Figures are estimates provided for illustrative purposes only and are based on the assumptions and methodologies of the sources cited above.

Flooding Hits Over 60,000 in Khammouane as Rivers Rise Above Danger Levels

Floods from the Xe Bangfai river surpassed its flood level in Nongbok District Khammouane Province on 11 August 2026.
A picture of floods from the Xe Bangfai river surpassed its flood level in Nongbok District Khammouane Province on 11 August 2026. (Photo by Phoudthasone Souksompheng)

Flooding has affected more than 60,000 people across all 10 districts of Khammouane province as continued heavy rain pushes several rivers  above danger levels, according to the Khammouane media on 12 August.

The flood struck 206 villages and nearly 9,500 households across the central province in late July and early August. Authorities also report damage to over 15,000 hectares of rice fields and other crops, along with dozens of roads and several bridges. 

Officials estimate preliminary losses at least LAK 100 billion (USD 4.4 million).

Several rivers in Khammouane have risen sharply after days of heavy rain. The Xe Bangfai river has surpassed its flood level at both the Mahaxay monitoring station and the Xe Bangfai bridge, while the Mekong River at Thakhek has edged slightly above its danger level.

The flooding follows Tropical Storms Maysak and Bavi, which struck Khounkham district in July, affecting over 1,300 families and causing nearly LAK 40 billion (USD 1.77 million) in damage.

Floods Reported Across Other Provinces

Heavy rain has also triggered flooding and landslides in several other provinces this week.

In Champasak, heavy rain on 10 to 11 August caused flooding and riverbank erosion across five districts and Pakse City, affecting dozens of households and damaging rice fields and roads. Authorities evacuated some residents, with damage estimated at about LAK 1.5 billion (about USD 66,540). Authorities forecast the Mekong River will reach flood level by 15 August.

Further north, sudden flooding struck two villages in Luang Namtha on 11 August, forcing evacuations and damaging homes, farms, and livestock, with authorities still assessing the full losses.

Meanwhile in Savannakhet, the Xe Champhone rose above danger level, flooding thousands of hectares of rice fields and affecting over 2,000 households. The floods cut off eight villages, and authorities are now planning recovery efforts.

Oudomxay and Phongsaly Issue Warnings

Elsewhere, Oudomxay’s Namor district issued a flood warning on 11 August after heavy rain raised water levels in the Nam Kor and Nam Sae , with the Nam Kor rising above danger level. Authorities have urged residents in low-lying areas to prepare for possible flooding.

Further warnings have also come from Phongsaly province, where a low-pressure system and the southwest monsoon are expected to bring widespread rain and strong winds through 16 August. Authorities are cautioning residents about flash floods, landslides, and urban flooding, and urging them to follow weather updates closely.