Home Blog Page 439

Green Xentro scales up taxi deployment to 2,500 fully electric vehicles (BEV) with Green GSM platform in the Philippines

ANTIPOLO CITY, PHILIPPINES – Media OutReach Newswire – 24 March 2026 – Green Xentro has launched the initial phase of a 2,500-unit fleet of fully electric (BEV) taxis in Rizal province, under a strategic partnership with the global mobility platform Green GSM. This marks one of the largest BEV taxi rollouts in the Philippines to date, as well as the first large-scale implementation of a partner-led expansion model designed to accelerate electric mobility adoption across emerging markets.

Green Xentro announced the deployment of a 2,500 fleet of fully electric taxis, now serving passengers in the Philippines through the Green GSM platform.
Green Xentro announced the deployment of a 2,500 fleet of fully electric taxis, now serving passengers in the Philippines through the Green GSM platform.

With its scale and structured implementation, the deployment is expected to serve as a model for expanding electric mobility through local partnerships across Southeast Asia.

The deployment builds on a memorandum of understanding signed in October 2025 between Xentro Group and Green GSM. Initially planned at 2,000 vehicles, the fleet has since been expanded to 2,500, reflecting growing operational confidence and long-term commitment from both parties. The Rizal rollout marks the first phase of implementation, with further expansion expected across Metro Manila and adjacent areas.

At the center of this initiative is a partner-led operating model that combines local market leadership with a standardized global platform. Green Xentro leads on-the-ground execution, overseeing operations, driver management, and local market adaptation, while Green GSM provides a fully integrated electric mobility platform encompassing full electric vehicles, technology infrastructure, and standardized service protocols.

The platform is designed to ensure operational consistency at scale, offering real-time fleet monitoring, centralized safety management, and consistent service delivery standards. Each vehicle is equipped with GPS tracking, CCTV, and dashcams, as well as emergency features such as panic buttons, all connected to a 24/7 monitoring center. The entire fleet is also covered by comprehensive insurance policies, reinforcing safety and reliability.

Passengers can expect a more reliable and predictable travel experience, with standardized service quality and fully electric, air-conditioned vehicles. Services are offered with transparent, value-driven pricing and support multiple payment options, including cash and digital platforms. Rides can be accessed via street hailing or the Green GSM mobile app.

On the supply side, the model introduces a salaried driver system to enhance income stability and professional standards in the transport sector. Drivers earn a fixed monthly salary, performance-based incentives, and full statutory benefits, along with structured training programs focused on safety, service quality, and electric vehicle operations.

Beyond mobility, this rollout is expected to boost local economic activity through job creation and ecosystem development, supported by an expanding EV charging network across commercial hubs within the Xentro system. As a fully electric fleet, the deployment also helps national efforts to cut emissions and improve urban air quality, aligning with broader policy goals for energy transition and sustainable urban growth.

Mr. Noel M. Ignacio, CEO of Green Xentro, shared: “We see this as a long-term investment in building a transport system that is more reliable, more structured, and better aligned with the needs of Filipino communities. By combining electric vehicles with a professional driver model, we are creating a service ecosystem that elevates everyday journeys while also improving the quality of livelihoods for drivers. Over time, we believe this approach can help set a new standard for public transport one that balances efficiency, sustainability, and human-centered service.”

Mr. Dao Quy Phi, Managing Director of Green GSM Southeast Asia, said: “This is not just a fleet deployment. It represents the early stage of a scalable model where strong local partners lead market execution, while Green GSM enables growth through a unified electric mobility platform. We believe this approach can unlock a more practical pathway to green mobility—one that is not only scalable, but also adaptable to the realities of emerging markets. By combining global standards with local expertise, we aim to accelerate adoption in a way that is both commercially viable and operationally sustainable over the long term.”

Green Xentro is among the first international partners to adopt the Green GSM operating model. Developed and refined in Vietnam through extensive collaboration with multiple stakeholders, the model has played a key role in shaping a highly integrated and scalable electric mobility ecosystem. Its rollout in the Philippines marks a significant milestone in the model’s global expansion, thoughtfully localized to suit market conditions while upholding consistent standards of safety, service excellence, and user experience.
Hashtag: #GreenGSM #GreenXentro

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

About Green Xentro

Green Xentro is an electric mobility company committed to transforming public transportation in the Philippines through innovative, safe, and sustainable EV taxi services. A subsidiary of Xentro Group of Companies owned by their visionary Chairman, Mr. Alexander M. Cruz.

About GSM & Green GSM

GSM (Green and Smart Mobility) is the world’s first company to operate an all-electric ride-hailing service across multiple platforms. As a pioneer in sustainable transportation, GSM has laid the foundation for a cleaner, more responsible, and future-ready mobility model, while inspiring greener lifestyles in countries rapidly embracing sustainability.

Green GSM is GSM’s official brand in the Philippines, operating under the global Green SM brand, alongside Xanh SM in Vietnam and Laos, and Green SM in Indonesia. Across all markets, the brand offers a refined travel experience with VinFast electric cars, professional drivers, and a service culture centered on safety and care.

X Square Robot and Global Partners Launch ManipArena at CVPR 2026

The launch sets a new global benchmark for evaluating real-world embodied intelligence

SHENZHEN, China, March 24, 2026 /PRNewswire/ — X Square Robot, a pioneer in general purpose embodied intelligence, announced today its pivotal role as a founding partner in”ManipArena”, the official competition sponsored by the CVPR 2026 Embodied AI Workshop. The partnership was jointly initiated by Sun Yat Sen University in China and Mohamed bin Zayed University of Artificial Intelligence in Abu Dhabi, representing a major milestone in establishing a unified, high-standard benchmarking system for embodied intelligence through large-scale, real-world robotic evaluations.

The IEEE/CVF Computer Vision and Pattern Recognition Conference (CVPR) is the world’s largest annual event in computer vision, artificial intelligence and pattern recognition. The conference draws leading researchers, engineers and technology companies to present breakthroughs shaping the next generation of visual intelligence systems and AI-driven applications.

As embodied intelligence transitions from research and development to large-scale deployment, the lack of unified, high-fidelity real-robot evaluation systems has become a key bottleneck to progress. Addressing this need, ManipArena provides a comprehensive, scientifically grounded benchmarking platform that enables quantitative, repeatable, and high-credibility evaluation across a diverse range of physical tasks and environments.

Transforming the evaluation of real-world AI systems

Building on deep technical expertise and extensive industry experience, X Square Robot has played a central role in developing ManipArena’s foundational evaluation framework. The competition introduces a series of 20 real-world robotic manipulation tasks, encompassing execution reasoning, semantic reasoning, and mobile operation. Each task is supported by over 10,000 high-quality teleoperation trajectories and executed under a unified, controlled environment to guarantee fairness and comparability of results.

Unlike traditional simulation-based or simplified testing methods, ManipArena evaluates a model’s true physical reasoning, generalization, and decision-making capabilities. All evaluations are conducted under consistent conditions, ensuring that performance differentials accurately reflect model capability rather than environmental variability.

“ManipArena establishes a credible, data-driven foundation for embodied intelligence assessment,” said WANG Qian, founder and CEO of X Square Robot. “By grounding evaluation in reproducible real-world conditions, we enable the global AI community to measure genuine progress toward general-purpose embodied intelligence.”

Founded in December 2023, X Square Robot is a trailblazer in developing general-purpose end-to-end embodied AI foundation models in China. The company’s in-house developed VLA model, WALL-A, pioneered a system paradigm that deeply integrates VLA with World Models, ranking among the world’s most advanced systems.

A new framework for scientific and industrial evaluation

ManipArena is distinguished through five key innovations that collectively redefine real-world AI benchmarking:

1. Unified model structure: Participating teams must deploy a single model to complete all tasks, emphasizing general reasoning over single-task optimization.

2. Layered out-of-distribution (OOD) evaluation: Each task incorporates controlled variations in material, layout, and semantics, allowing researchers to precisely chart a model’s generalization curve—from minor visual shifts to unseen object categories.

3. End-to-End manipulation coverage: In addition to 15 tabletop tasks, ManipArena includes 5 full-body mobile manipulation challenges such as organizing garments and hanging pictures, addressing both precision and spatial intelligence.

4. Comprehensive multimodal dataset: A 56-dimensional dataset incorporating end-effector poses, joint positions, current feedback, joint velocities, and gripper dynamics advances the study of contact-aware control and fine manipulation.

5. Cloud-based remote testing: By leveraging X Square Robot’s proprietary Quanta XI dual-arm robotic platform, ManipArena eliminates hardware barriers, enabling worldwide participation through cloud-based, real-robot testing.

Lowering Barriers, Enhancing Impact

More than a competition, ManipArena serves as an open international research and development platform. Its structured scoring design, layered variation system, and interpretable results framework make it ideally suited for both academic exploration and industry benchmarking. 

The initiative offers global participants: (1) zero hardware entry costs, with full remote testing support;  (2) Access to 188 hours of verified real-robot operational data for model training and validation; (3) transparent and interpretable evaluation metrics that move beyond traditional leaderboard approaches; and (4) endorsement by CVPR 2026, providing winning teams with an opportunity to present results at one of the world’s most prestigious AI conferences.

The ManipArena program officially opened for registration and data access on March 18, inviting global research teams to prepare models for evaluation across the five preliminary tasks. The submission window will remain open until April 30, after which selected teams will advance to the final round of testing between May 6 and May 27. The initiative will culminate in an awards ceremony and technical presentations at the CVPR 2026 Embodied AI Workshop in Seattle, United States, from June 3 to June 7, where the top‑performing teams will be officially recognized.

By merging academic rigor with industrial precision, X Square Robot and its partners are establishing ManipArena as the definitive global benchmark for embodied intelligence evaluation. The initiative underscores the company’s commitment to transparency, reproducibility, and cross‑sector collaboration in advancing intelligent robotic systems for real‑world adoption.

About X Square Robot

X Square Robot is a global innovator in embodied artificial intelligence, robotics, and autonomous systems. The company develops integrated software and hardware platforms that enable robots to perceive, reason, and act safely in complex environments. Partnering with leading universities and technology institutions, X Square Robot delivers scalable AI infrastructure and establishes open benchmarks to drive worldwide progress in intelligent robotics.

Erayak Power Solution Strategic Update: Accelerating High-Capacity UPS-Integrated Platforms to Support AI-Driven Energy Demand

Prototype preview expected at the 2026 National Hardware Show as Ruike Electronics facility advances

WENZHOU, China, March 24, 2026 /PRNewswire/ — Erayak Power Solution Group Inc. (Nasdaq: RAYA) (“Erayak” or the “Company”), a developer and manufacturer of portable power equipment, today announced a strategic business update centered on its transition toward high-capacity, mission-critical power solutions. The Company is pivoting to address the growing energy gap created by the North American AI infrastructure boom through integrated UPS (Uninterruptible Power Supply) functionality and expanded manufacturing capabilities.

The update reflects Erayak’s continued investment in product innovation and manufacturing capabilities as backup power, energy resilience, and grid reliability have become increasingly discussed topics across North America, particularly in connection with extreme weather events and residential preparedness planning.

Addressing the AI Power Gap with High-Capacity Inverter Platforms

As AI-driven edge computing and residential technology demands stress the North American grid, Erayak is accelerating the development of next-generation inverter generator platforms that function as more than just backup power.

Key developments include:

  • Expansion into >13 kW Platforms: While current offerings lead in the 1 kW to 13 kW range, Erayak is now integrating diesel manufacturing resources and R&D to push into higher power tiers designed for industrial-grade resilience and decentralized power support.
  • Integrated UPS Capabilities: Leveraging its expertise in sine wave inverters and battery storage , the Company is optimizing its new 9 kW and 13 kW tri-fuel platforms to include seamless UPS functionality. This ensures “zero-latency” power transitions for sensitive hardware, positioning Erayak as a specialized player in the AI-adjacent power sector.
  • Tri-Fuel Engineering Testing: New 4 kW to 13 kW platforms have entered the engineering testing phase. These units maintain the stability and fuel efficiency of inverter systems while offering the high output required for modern energy-intensive environments.

Expansion of Camping and Outdoor Portable Power Solutions

In addition to higher-capacity generator platforms, Erayak is also continuing to upgrade its lineup of 1 kW to 4 kW portable quiet inverter generators for RV and camping-oriented applications. The Company is evaluating the introduction of additional battery-based portable power stations designed to complement traditional generators in outdoor environments, which may become available during the upcoming camping season.

Manufacturing Milestone: Ruike Electronics

Erayak provided an update on the construction progress of the industrial facility for its subsidiary Ruike Electronics. More than half of the main structural framework of the facility has been completed, marking a key milestone. The facility is progressing ahead of schedule and is expected to reach completion and delivery in the second half of 2026. Once operational, this site will serve as the production hub for Erayak’s high-capacity platforms and next-gen UPS-integrated power stations, supporting the Company’s strategic pivot toward mission-critical infrastructure.

Management Commentary

“The conversation in North America has shifted from simple backup power to total energy resilience,” said Lingyi Kong, Chairman and CEO of Erayak. “We are evolving Erayak to be a critical link in the AI power chain. By integrating diesel resources and advancing our UPS-capable inverter technology, we are filling a unique niche: providing the reliable, high-output, and stable electricity that high-performance computing and smart infrastructure demand. We are no longer just a generator company; we are an essential component of the distributed power grid.”

About Erayak Power Solution Group Inc.

Erayak specializes in the manufacturing, research and development, and wholesale and retail of power solution products. Erayak’s product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Our products are used principally in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. Our goal is to be the premier power solutions brand and a solution for mobile life and outdoor living. For more information, visit www.erayakpower.com

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Investor Relations
Erayak Power Solution Group Inc.
Email: investor@erayakpower.com
Website: www.erayakpower.com

 

Discovery Life Sciences and Mindpeak Partner to Bring AI Precision to Cancer Biomarker Testing in Global Clinical Trials

New alliance takes aim at inconsistent biomarker interpretation across pathologists, a persistent challenge in drug development

HUNTSVILLE, Ala. and HAMBURG, Germany, March 24, 2026 /PRNewswire/ — Inconsistent biomarker interpretation across pathologists remains one of the more stubborn challenges in clinical trial development, contributing to variability in patient stratification and eroding confidence in critical go/no-go decisions. Discovery Life Sciences (Discovery), a provider of biospecimens and biomarker specialty lab services, and Mindpeak, a leading company in AI-powered digital pathology, today announced a partnership designed to address that problem directly, integrating AI-enabled digital image analysis into pathology services for immunohistochemistry (IHC) and multiplex immunofluorescence (mIF) in global clinical trials.

The collaboration aims to support biopharma R&D and clinical research by improving biomarker quantification and inter-reader concordance, helping to reduce variability, de-risk biomarker-driven trials and strengthen confidence in critical development decisions.

The partnership couples Mindpeak’s AI platform with Discovery’s tissue biomarker services to analyze IHC and mIF slides. Mindpeak’s technology acts as a safeguarding tool for biopharma, reducing risks in biomarker development by improving consistency in interpretation across pathologists. It includes AI-enabled pathology workflows, pathologist training via Mindpeak’s peakAcademy, and AI-guided microdissection algorithms to isolate specific tissue regions with high accuracy.

Discovery brings significant clinical infrastructure to the alliance. Its Biomarker Academy, a peer-to-peer pathologist training program established in 2008, has trained more than 6,000 pathologists in biomarker interpretation and scoring over the past 15 years. Discovery has supported more than 2,000 clinical trial programs, with 350 currently active, and has completed over 35 IVDR-compliant studies across 16 EU countries involving 25 biomarkers in the past four years. This partnership extends Discovery’s AI advancements, building on existing H&E-focused AI solutions for biospecimen analysis, including automated quality control, tumor quantification, and detailed tumor microenvironment characterization across various therapeutic areas.

“As AI use in pathology increases for clinical research, this partnership with Mindpeak allows integration of modeling tools that can enable improved accuracy in biomarker analysis,” said Greg Herrema, CEO of Discovery Life Sciences. “Combining these AI capabilities with our clinical trials expertise will help assist in advancing the development of biomarker-focused therapies.”

The Mindpeak and Discovery alliance aims to streamline trial processes and enhance data reproducibility in regulated settings, supporting more confident decisions in patient stratification and therapeutic development.

“This collaboration with Discovery Life Sciences provides access to our AI platform, training and microdissection tools, supporting researchers in IHC and mIF applications and helping to drive greater consistency and confidence in biomarker assessment,” said Felix Faber, Founder and CEO of Mindpeak. Additional details on the partnership and use cases will be presented at the AACR Annual Meeting 2026. Attendees can join a flash talk at the Discovery Life Sciences exhibit from April 17-22 at the San Diego Convention Center in San Diego, California. Contact info@dls.com for more information.

About Discovery Life Sciences

Discovery Life Sciences is a global leader in biospecimens and specialty lab services, enabling the discovery and development of therapeutics and diagnostics that improve patient outcomes. Our extensive portfolio of biospecimens, cellular starting materials, and preclinical ADME-tox solutions accelerates research with reliable, high-quality products and expertise. Through our comprehensive suite of specialty lab services in genomics, proteomics, cell biology, and molecular pathology, we deliver critical data and insights for biomarker discovery and both retrospective and prospective clinical trials. With a vision to be the most trusted partner in life science research and clinical development, Discovery Life Sciences is committed to advancing life sciences and transforming lives.

Visit www.dls.com and follow us on LinkedIn for more information. 

About Mindpeak

Mindpeak is the leading company in AI-powered digital pathology, bridging the gap from biomarker development to clinical diagnostics. Founded in 2018, Mindpeak’s AI technology enables laboratories to extract actionable insights from H&E, IHC and mIF tissue images – ranging from subcellular biomarker quantification to predictive patient stratification. The solutions support both routine diagnostics and the translation of novel biomarkers into real-world clinical applications.

For more information, visit www.mindpeak.ai or follow us on LinkedIn.

Discovery Life Sciences Media
Todd Poley
Chief Marketing Officer
+1 256 505 1578
todd.poley@dls.com

Mindpeak Media
Tanya von Ahlefeldt
MD Health – on behalf of Mindpeak
+44 (0)7590 754906
mindpeak@mdhealthcomms.com

Discovery Life Sciences partners with Mindpeak
Discovery Life Sciences partners with Mindpeak

 

Dynacast Expands Integrated Manufacturing Capabilities with Addition of Platinadora Baja

CHARLOTTE, N.C., March 24, 2026 /PRNewswire/ — Form Technologies, the parent company of Dynacast, a global leader in precision die casting, announced today the acquisition of Platinadora Baja, expanding Dynacast’s integrated manufacturing capabilities and broadening its portfolio of precision component manufacturing solutions.

With the addition of Platinadora Baja’s capabilities, Dynacast builds on its existing strengths in precision manufacturing, expanding its integrated offering to span the full manufacturing process—from engineering, tooling, and die casting to specialized downstream processes and assembly.

Platinadora Baja has built a strong reputation in the industry as a single-source manufacturing partner, combining specialized metal finishing capabilities with high-pressure zinc die casting and, more recently, aluminum die casting. The company offers a range of downstream processes that complement die casting, including plating, powder coating, machining, deburring, impregnation, pad printing, and assembly.

As part of the transaction, Platinadora’s founder, Guillermo Fernandez, will continue leading operations, working closely with Dynacast leadership as the business continues to grow. Platinadora Baja will continue operating with its existing team, ensuring continuity for customers while building on the strong foundation the company has established.

Demand for more integrated manufacturing solutions continues to grow as companies seek to streamline and optimize their supply chains. The addition of Platinadora Baja further expands Dynacast’s capabilities and strengthens its global manufacturing network.

“Platinadora has built an impressive reputation in metal finishing and complementary manufacturing capabilities, and we are excited to welcome their team to Dynacast,” said Reza Messdaghi, President of Dynacast. “Their expertise strengthens our integrated manufacturing platform and expands the range of solutions we can deliver to customers.”

“We’ve spent years building a strong team and developing deep expertise in specialized finishing and precision manufacturing processes,” said Guillermo Fernandez, Founder of Platinadora Baja. “Partnering with Dynacast allows us to build on that foundation, expand our capabilities, and continue delivering high-quality solutions as we grow the business together.”

About Dynacast
Dynacast is a global manufacturer of precision engineered metal components and proprietary manufacturing technology, specializing in precision die casting and the in-house design and construction of die casting machines and tooling. The company produces engineered components using proprietary multi-slide technology and serves industries including aerospace, defense, automotive, consumer electronics, healthcare, and industrial markets. With operations worldwide, Dynacast combines advanced die casting with machining, finishing, and other integrated manufacturing capabilities to deliver precision metal components for complex applications. Dynacast is part of Form Technologies, a global leader in advanced precision component manufacturing.

About Form Technologies
Form Technologies is a global leader in advanced precision component manufacturing, delivering complex, high-performance solutions to leading OEMs worldwide. Through its portfolio of specialized brands, including Dynacast, Signicast, and OptiMIM, the company provides a range of precision manufacturing technologies, including die casting, investment casting, and metal injection molding, serving diverse end markets.

For more information, visit www.dynacast.com

Media Contact:
Form Technologies Marketing
MarketingFormTechnologies@formtechnologies.com

Rain Expands Visa Membership Into Asia-Pacific, Advancing the Reach of Its Global Stablecoin Payment Infrastructure

Rain’s expanded issuing footprint enables global consumer and corporate credit card programs across some of the world’s most digitally active economies.

NEW YORK, March 24, 2026 /PRNewswire/ — Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced a major expansion of its Visa Membership into Asia-Pacific (APAC). Through Visa, a world leader in digital payments, Rain is expanding its card issuing footprint in the region, broadening its global infrastructure and allowing partners to launch and scale consumer and corporate credit card programs in some of the world’s most digitally active economies, with initial launches expected in Q2 2026.

The expansion builds on Rain’s existing issuing infrastructure and introduces a regulated presence in the region, strengthening the company’s long-term issuing capabilities across APAC and enabling partners to launch and scale programs with greater regional stability. This milestone establishes Rain as one of the few stablecoin infrastructure platforms with direct Visa Membership supporting programs at this scale.

Asia-Pacific has emerged as one of the world’s most active regions for digital asset adoption, consistently ranking among global leaders in stablecoin usage and home to some of the world’s largest remittance corridors. According to the International Monetary Fund, the region accounted for more than $500 billion in stablecoin transactions in 2024, making it the second-largest region globally after North America.

“Businesses operating internationally should not have to stitch together multiple issuing partners and vendors just to launch a global card program,” said Farooq Malik, CEO and Co-Founder of Rain. “Our expansion into Asia-Pacific allows partners to build and scale global programs through a single platform, while stablecoins improve how money moves behind the scenes.”

The expansion unlocks a range of high-impact payment use cases across the region, including:

  • Consumer and retail payments: Partners can launch Visa-branded card programs across APAC, with acceptance at over 150 million merchant locations worldwide. Stablecoins power settlement flows behind the scenes while preserving the familiar card experience for consumers.
  • Instantly spendable remittances: APAC is home to some of the world’s largest remittance corridors. Stablecoin-backed card infrastructure allows recipients to instantly spend remittance funds at Visa-accepted merchants worldwide, while keeping value within the provider’s ecosystem and reducing reliance on costly cash-out and bank transfer flows.
  • Corporate treasury and global payouts: Export-driven businesses across APAC can use stablecoin-backed card infrastructure to manage multi-currency treasury operations, fund corporate cards, and distribute payouts across global workforces and supply chains.

Rain’s model keeps stablecoins simple for the end user. Cardholders transact as they normally would at millions of merchants worldwide, while stablecoins power efficient settlement flows behind the scenes. This architecture allows enterprises to modernize their financial infrastructure without requiring changes to consumer behavior or merchant acceptance.

“Visa is committed to enabling innovative partners and expanding global access to digital payments,” said Nischint Sanghavi, Visa’s Crypto Lead for the Asia-Pacific region. “Our collaboration with Rain reflects our focus on delivering secure, scalable payment experiences as digital assets continue to evolve.”

This milestone marks the beginning of Rain’s broader strategic buildout across APAC, with additional markets and program capabilities expected throughout 2026 and beyond. It builds on Rain’s rapid growth and continued investment in borderless infrastructure, enterprise-grade compliance, and the systems that enable partners to launch and scale payment programs worldwide. As stablecoins become embedded within mainstream commerce, Rain remains focused on advancing the infrastructure that makes tokenized money spendable everywhere.

About Rain

Rain is the global stablecoin payments platform for enterprises, neobanks, platforms, and developers. Its technology allows partners to move, store, and use stablecoins instantly and compliantly through global payment cards, rewards, on/offramps, wallets, and cross-border rails. Rain issues cards that work at over 150 million merchants across 150 countries. Built natively for stablecoins and trusted by more than 200 organizations worldwide, Rain delivers secure, scalable infrastructure that makes money move freely and instantly around the world. Learn more at https://www.rain.xyz/.

Media Contact:
Lucas Piazza
Marketing Lead, Rain
lucas@rain.xyz

SPESYN Launches ST3 on Kickstarter, Bringing Drill-Press Precision to a Handheld Power Tool

Empowered by 90° alignment, real-time depth sensing with 0.1 mm accuracy, and Adaptive Torque Intelligence, the ST3 redefines precision for drilling and controlled tapping.

NEW YORK, March 24, 2026 /PRNewswire/ — SPESYN today announced the launch of SPESYN Tool 3, a smart cordless power tool designed to make precision drilling, tapping and screw-driving more consistent. A Kickstarter campaign will go live on March 24, giving makers, DIYers and professional users early access to this new tool.

SPESYN Tool 3_Game-Changing Precision at Every Step
SPESYN Tool 3_Game-Changing Precision at Every Step

Drilling straight, controlling depth in blind holes and cutting clean internal threads are common workshop tasks, but achieving consistent results with handheld tools is difficult. Users often need large drill presses or separate tapping tools for accuracy, which can slow down smaller jobs and require different setups.

While traditional drills offer basic functionality, the SPESYN ST3 is engineered with specialized control for drilling, screw-driving and a dedicated tapping mode. It achieves 90° alignment through a precision mechanical guide, while integrated sensors and an LCD display provide real-time depth readings with ±0.1 mm accuracy.

Founded by robotics engineers, the team behind SPESYN spends much of its time machining parts and building hardware prototypes. “Many makers and builders rely on large machines or multiple tools to achieve precise results,” said Sam Tsai. “SPESYN ST3 was designed to bring that level of precision into a compact handheld tool for everyone from hobbyists and homeowners to professionals.”

The SPESYN Tool 3 Kickstarter campaign will launch at 9:00 AM EST on March 24, offering early supporters exclusive rewards and the opportunity to be among the first to get their hands on the tool. Visit the website for details and early-bird pricing: https://www.kickstarter.com/projects/spesynlab/spesyn-tool-3-the-ultimate-smart-power-tool?ref=14mqvw

Key Features of SPESYN ST3

All-in-One Precision Tool
Integrates drilling, screw-driving and a dedicated tapping mode, with task-specific control and optimized output for more consistent results every time.

90° Precision Alignment
A detachable Front Guide Module (FGM) and dual guide rails help keep the bit perpendicular to the work surface, even on smooth materials such as tile or glass.

±0.1 mm Depth Accuracy
A built-in LCD displays drilling depth in real time with one-touch zeroing, helping users drill and tap blind holes accurately.

Adaptive Torque Intelligence (ATI)
The ST3 features a robust brushless motor and an electronic clutch powered by Adaptive Torque Intelligence (ATI). By sampling current up to 25,000 times per second, the system dynamically optimizes power delivery for any task – ensuring stable performance while providing the surgical precision to prevent material damage without sacrificing raw strength.

Modular and Expandable Design
An interchangeable Front Guide interface allows the ST3 to adapt to various bit lengths and drilling angles via specialized modules. In addition to official options like integrated dust collection, the system’s open architecture supports custom-built jigs for highly specialized applications.

Portable Design and Material Versatility
The ST3 reaches a 20% to 80% charge in under 30 minutes (65W fast charging). From raw power for hardened metal to crack-free precision for glass and tile, the ST3 delivers professional mastery in a compact form.

About SPESYN
SPESYN is a hardware company focused on developing precision tools that make complex tasks easier and more reliable. Founded by engineers with backgrounds in robotics and hardware development, the company designs products that combine mechanical accuracy with intelligent control. SPESYN’s tools are built to help makers, engineers and DIY builders work with greater precision, efficiency and confidence across a wide range of materials and applications. Learn more at www.spesyn.com.

Press Inquiries:
Sam Tsai
Head of Marketing, SPESYN
marketing@spesyn.com

 

RESPEC Engaged to Upgrade Nevada North Lithium Mineral Resource Estimate

High-resolution 3D geological model handed over – process underway to convert resource to Measured and Indicated categories to support ongoing Pre-Feasibility Study.

West Vancouver, British Columbia – Newsfile Corp. – March 24, 2026 – Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the “Company” or “Surge“) is pleased to announce that Nevada North Lithium LLC (“NNL”), the joint venture formed by Surge and Evolution Mining Limited (“Evolution”), has engaged RESPEC to complete an updated Mineral Resource Estimate (MRE) for the Nevada North Lithium Project (NNLP) located in Elko County, Nevada.

Following a highly successful 2025 drill program, all geological data has been processed, and a comprehensive, 3D geological model has been successfully handed over to the RESPEC team. RESPEC is expected to deliver the updated MRE by late April 2026.

A primary objective of this updated MRE is the conversion of a significant portion of the current Inferred resource into the higher-confidence Measured and Indicated categories. This upgraded resource will serve as the foundational geological baseline for the ongoing Pre-Feasibility Study (PFS), which is currently being advanced by Fluor Corporation.

Founded in 1969, RESPEC is a global leader in geoscience, engineering, data, and integrated technology solutions. The firm specializes in supporting the mining industry from exploration to reclamation, offering deep expertise in mineral resource estimations, subsurface geology interpretation, and mining engineering.

Mr. Greg Reimer, President & Chief Executive Officer and Director of Surge, commented, “This upcoming MRE update is a significant milestone for the NNLP. The 2025 drill program was successful in confirming the continuity, true thickness, and premium grade of the Nevada North deposit. By upgrading this resource to the Measured and Indicated categories, we continue to derisk the asset and provide our world-class engineering partners at Fluor with the high-confidence data they need to finalize our Pre-Feasibility flowsheet.”

Qualified Person:
Alan J. Morris, MSc, CPG of Spring Creek, Nevada, Geological Advisor to the Company, and a Qualified Person as defined under National Instrument 43-101, has reviewed and approved the technical aspects of this news release.

About Surge Battery Metals Inc.
Surge Battery Metals Inc., a Canadian-based mineral exploration company, is at the forefront of securing the supply of domestic lithium through its active engagement in the Nevada North Lithium Project. The project focuses on development of high-grade lithium energy metals in Nevada, USA, a crucial element for powering battery electric storage and electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and a listing on the OTCQX Market in the USA, Surge Battery Metals Inc. is strategically positioned as a key player in advancing lithium exploration.

About Evolution Mining Limited
Evolution Mining is a leading, globally relevant gold miner. Evolution operates six mines, comprising five wholly-owned mines – Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada, and an 80% share in Northparkes in New South Wales.

About Nevada North Lithium LLC
Nevada North Lithium LLC, jointly owned by Surge Battery Metals Inc (72.5%) and Evolution Mining Limited (27.5%), owns the Nevada North Lithium Project southeast of Jackpot, Nevada about 73 km north-northeast of Wells, Elko County. The first three rounds of drilling at the project identified a strongly mineralized zone of lithium bearing clays occupying a strike length of more than 4,300 meters and a known width of greater than 1,500 meters. Highly anomalous soil values and geophysical surveys suggest there is potential for the clay horizons to be much greater in extent. The Nevada North Lithium Project has a pit-constrained Inferred Resource containing an estimated 11.24 Mt of Lithium Carbonate Equivalent (LCE) grading 3010 ppm Li at a 1,250-ppm cutoff. The recently completed PEA for the project reported an after-tax NPV8% US $9.17 Billion and after-tax IRR of 22.8% at $24,000/t LCE and an OPEX of US $5,243/t LCE.

On behalf of the Board of Directors
“Greg Reimer”
Greg Reimer,
Director, President & CEO

Contact Information
Email: info@surgebatterymetals.com
Phone: 604-662-8184
Website: surgebatterymetals.com

Keep up-to-date with Surge Battery Metals:
Twitter Facebook LinkedIn Instagram YouTube.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This document may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan” or “planned”, “possible”, “potential”, “forecast”, “intend”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities including lithium and nickel, the accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction and other factors or information. The Company’s current plans, expectations, and intentions with respect to development of its business and of its Nevada properties may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions (including US government subsidies or incentives) on its ability to secure further financing or funding of its Nevada properties. Such statements represent the Company’s current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental (including endangered species, habitat preservation and water related risks) and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

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