HONG KONG SAR – Media OutReach Newswire – 28 May 2026 – AECOM, the trusted global infrastructure leader, has contributed to the successful delivery of Terminal 2 (T2) at Hong Kong International Airport (HKIA), a cornerstone of Airport Authority Hong Kong’s (AAHK) Three‑runway System (3RS). The project marks a significant milestone in strengthening HKIA’s position as a leading international aviation hub, with T2 serving as a critical gateway that enhances integration across passenger, transport and commercial nodes while activating surrounding developments.
AECOM celebrates successful delivery of the new Terminal 2 at Hong Kong International Airport (Photo credit: AAHK)
“Building on AECOM’s long-standing contribution to Hong Kong’s airport development and our partnership with AAHK since the 1990s, we helped deliver a world-class terminal that enhances connectivity and strengthens resilience, setting new benchmarks for aviation in a changing world,” said Dr. Johnny Cheuk, AECOM’s Hong Kong executive leader.
AECOM’s multi-disciplinary team brought together expertise in mega project management,engineering and passenger terminal design to deliver innovative, buildable solutions through phased construction, minimizing disruption within a live airport environment. A signature feature of T2 is its 63,000 m² ‘Feather Roof,’ supported by tree-like columns, combining architectural expression with operational performance. Leveraging multiple digital solutions such as BIM and Tekla, alongside phased modular construction significantly enhanced the precision, safety and delivery efficiency of this iconic roof structure.
Supporting HKIA’s pledge to become the world’s greenest airport, sustainability is embedded throughout the project. Key measures include implementing a high-performance façade that enhances thermal efficiency, natural daylighting and acoustic comfort. AECOM also helped define embodied carbon quantification standards at the outset of this project more than a decade ago. These are complemented by energy-efficient building services that reduce overall energy consumption, contributing to the award of BEAM Plus Provisional Platinum rating — the highest qualification level recognized by the Hong Kong Green Building Council (HKGBC).
The issuer is solely responsible for the content of this announcement.
About AECOM
AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of US$16.1 billion in fiscal year 2025. Learn more at aecom.com.
Malaysia’s leading multi-brand convenience retail group has moved decisively beyond platform adoption, building AI-powered workflows directly into the operational fabric of its business, with Lark as the coordinating infrastructure that makes them run.
KUALA LUMPUR, Malaysia, May 28, 2026 /PRNewswire/ — myNEWS Holdings Berhad today announces the formal adoption of Lark as its organisation-wide productivity and collaboration platform, extending connectivity across headquarters, store operations, franchise partners, and joint venture partners spanning five retail brands: myNEWS, CU, SUPERVALUE, WHSmith, and Maru Coffee.
myNEWS Holdings Deploys Lark as Its Operational Backbone
The rollout reflects a considered approach to organisational change. Rather than a single top-down directive, adoption was seeded deliberately, with early adopters and team leads building meaningful Lark Base applications woven into their own workflows before the platform was extended more broadly. Leadership and staff moved in the same direction, at a pace calibrated to let competence develop alongside confidence.
Lark’s role extended well beyond enabling communication. As the operational coordination layer, it is where automated workflows are initiated and tracked, where the right data reaches the right people, and where tasks, whether triggered by a human or an automated process, are assigned, tracked and completed.
Intelligent pipelines feed directly into Lark Base, turning what were once isolated manual processes into a connected, continuously updated workflow. A field cash reconciliation that previously meant manual form-filling now completes the moment two photographs are taken — computer vision reads both documents, extracts the relevant figures, and flags any variance automatically. Supplier invoices arriving by email are parsed by AI, validated against purchase records, and posted into the finance system. The work gets done faster, with fewer errors, and as the business grows, it is AI that scales alongside it.
Since adopting Lark three months ago, myNEWS has moved from AI-aware to increasingly AI-powered. Approximately 20% of headquarters staff now work daily with AnyGen, Lark’s built-in AI teammate, handling drafting, research, and content generation that previously consumed hours. Adoption has been self-propelling; as productivity gains became visible across teams, demand for access followed. “Lark is not just a communication platform — it is the foundation that lets us deploy AI coherently across the organisation. AnyGen gives every person access to capabilities that used to require specialist roles. We are able to scale smarter,” said Dang Tai Wen, Group CEO, myNEWS Holdings Berhad.
WHAT’S NEXT
The next phase of deployment turns attention to the frontline. Lark is being rolled out at outlet level across all five retail brands, giving store managers a consolidated platform for daily task management, shift handovers, compliance reporting, and direct communications with headquarters.
For franchise partners, Lark becomes the primary gateway to the operational knowledge and institutional support required to run a store well. Standard operating procedures, training materials, brand standards, and day-to-day guidance are migrating into a structured, searchable Wiki.
Dang Tai Wen, Group CEO, myNEWS Holdings Berhad adds:
“Lark is not where our technology story ends. It is the platform we are building the next chapter on, for our teams, our franchise partners, and the stores they run every day.”
About Mynews Holdings Berhad
Mynews Holdings Berhad is a Malaysia’s leading multi-brand convenience retail group, listed on the Main Market of Bursa Malaysia Securities Berhad. The group operates five retail concepts — myNEWS, CU, SUPERVALUE, WHSmith, and Maru Coffee — serving diverse consumer segments across the country. The Group operates a centralised fresh food production facility, a multi-brand customer loyalty application, and a growing franchise network for its CU brand in partnership with BGFretail of South Korea. WHSmith outlets are operated through a joint venture with WHSmith UK.
About Lark
Lark is an AI-powered enterprise collaboration suite built by ByteDance, integrating messaging, video conferencing, document collaboration, calendar management, workflow automation, and Lark Base — a no-code operational database — within a single platform. Lark serves leading organisations across Southeast Asia, with established presence across retail, F&B, logistics, and financial services.
SHANGHAI, May 28, 2026 /PRNewswire/ — On May 20, 2026, Viva Biotech hosted a V-Experts in Conversation webinar, “Managing Complexity in Modern Drug Discovery: A Practical Approach to Integrated Screening & Chemistry.” Moderated by Victoria Ouroutzoglou, the roundtable featured Dr. Bing Xia, Vice President & Head of Early Discovery Platforms, and Dr. Tim Dwight, Senior Director of Medicinal Chemistry & Business Development.
The discussion focused on how teams can make informed decisions when target biology, assay readiness, chemical tractability, and development requirements evolve in parallel. The speakers discussed how an integrated screening and medicinal chemistry workflow can support decision-making from hit identification through lead optimization.
Dr. Xia emphasized that hit identification is highly target-dependent. Strategy selection should begin with target context, including biological validation, tractability, assay readiness, structural information, protein availability, resource constraints, and the IP and competitive landscape. Depending on the target, fragment-based drug discovery, virtual screening, HTS, DEL, ASMS, or SPR may each provide suitable entry points.
The webinar also highlighted V-DEL-facilitated target triage as one of Viva Biotech’s practical approaches for early target and modality assessment. By integrating DEL screening outcomes, protein science expertise, protein QC and conformational-state assessment, and an AI-powered V-DEL Friendly Index, this approach can help assess ligandability, rank targets or constructs, prioritize resources, and inform suitable modality directions.
The speakers noted that primary screening readouts are only the starting point. To advance a hit with confidence, teams need layered validation, including purity and liability checks, dose-response confirmation, orthogonal assays, selectivity and counter-screening, cytotoxicity assessment, and biophysical binding studies. Viva Biotech’s internal “promiscuous frequent hits” dataset also supports informed triage and helps reduce the risk of advancing misleading hits.
From the medicinal chemistry perspective, Dr. Dwight emphasized that design–make–test–analyze cycles require clear hypotheses and close coordination across medicinal chemistry, AIDD/CADD, biology, DMPK, and project teams. Structure-based design, SAR analysis, FEP, MD simulations, ADMET prediction, and AI/ML-supported modeling can all contribute to focused compound prioritization.
The discussion reinforced that integration is less about placing capabilities under one roof, and more about connecting the right data, expertise, and decision points, including go/no-go criteria. Through integrated protein science, structural biology, screening, medicinal chemistry, AIDD/CADD, biology, and DMPK, Viva Biotech supports a continuous discovery workflow from target understanding to validated hits and lead optimization with greater rigor, efficiency, and scientific discipline.
BANGKOK, THAILAND – Media OutReach Newswire – 28 May 2026 –CP AXTRA Public Company Limited, the operator of ASEAN’s leading wholesaler – retailer Makro and Lotus’s, will strengthen mall development and asset management at Makroin Thailand under a Memorandum of Cooperation (MoC) signed with Ayala Corporation, one of the Philippines’ largest conglomerates. Through its consumer retail and mall arms, ACx Holdings Corporation (“ACx”) and AyalaLand Malls, Inc (“ALMI”), the partnership will also unlock greater shared value from CP AXTRA’s mall assets nationwide.
Under the agreement, ACx and ALMI will share methodologies and best practices in mall asset operations, leasing strategy and project development to improve operational efficiency, enhance customer experience and maximize the long-term value of CP AXTRA’s land and assets, initially focusing on seven key stores of Makro. The parties will also explore future investment opportunities related to mall and asset development in Thailand, alongside collaborative initiatives for the development of new sites and the redevelopment of existing CP AXTRA sites across the country. This is the third agreement signed between CP AXTRA and Ayala, underscoring the strong partnership and continued collaboration between the two groups, following their previous agreements to operate Makro in the Philippines and expand regional business opportunities.
“This agreement with Ayala allows us to combine CP AXTRA’s deep understanding of the Thai retail market with Ayala’s decades of experience in developing and leasing shopping mall spaces. By applying proven methodologies to our Makro mall, we aim to elevate the standards of the retail environment we offer, not only improving the experience for our shoppers and tenants, but also fostering sustainable growth and creating long-term value for our asset and the surrounding community,” said Tanit Chearavanont, Group Chief Wholesale Business Officer, CP AXTRA Public Company Limited.”
“This is another milestone in our growing relationship and collaboration with the CP Group. Through this partnership, we intend to leverage the complementary strengths of two leading conglomerates to create world-class retail and real estate developments across markets. This also marks Ayala’s entry into the Thailand market, giving us a strong opportunity not only to share our expertise, but also to gain valuable insights from one of Southeast Asia’s most dynamic and developed retail markets. More broadly, this partnership aligns with Ayala’s strategy of bringing the best of the world to the Philippines while showcasing the best of the Philippines to the world,” said Mark Uy, Managing Director and Group Head of Strategy and Business Development, Ayala Corporation.
“Makro’s nationwide footprint gives it a meaningful role in the everyday lives of Thai consumers. Our opportunity is to help turn that everyday relevance into places people choose to stay, explore, and return to. By combining CP AXTRA’s market knowledge with Ayala Malls’ experience in curating retail partners, improving customer journeys, and building community-oriented retail destinations, we believe these sites can become stronger platforms for shoppers, merchant partners, and long-term asset growth,” said Mariana Zobel de Ayala, Managing Director and Group Head of Leasing and Hospitality of Ayala Land.
The collaboration brings two complementary strengths together. CP AXTRA is one of ASEAN’s leading wholesale and retail operators, with more than 2,700 Makro and Lotus’s stores. The company is a regional leader in multi-format, omnichannel retail platforms across Southeast Asia and is advancing toward retail-tech company. ALMI, is one of the Philippines’ leading mall operators, managing 34 shopping centers recognized for their strong retail planning, curated tenant mix, and enhanced customer experience across Southeast Asia. With extensive expertise in leasing, mall operations, facility management, and mixed-use development, ALMI is well positioned to support CP AXTRA in maximizing the value and potential of its Makro mall assets in Thailand. Ayala Corporation also brings a broader consumer and enterprise ecosystem that can complement CP AXTRA’s regional retail expansion, while ACx, its consumer retail unit, adds perspective on evolving customer behavior, format innovation, and retail partnerships.
The MoC builds on the two groups’ existing strategic partnership, which began in 2025 with the formation of CP AXTRA AC CORPORATION to operate Makro stores in the Philippines and was expanded to include a wider range of collaborative opportunities. This new agreement deepens that partnership further, marking the first time Ayala will bring its mall development and leasing expertise directly to CP AXTRA’s operations in Thailand.
Hashtag: #CPAXTRA
The issuer is solely responsible for the content of this announcement.
About CP AXTRA
CP AXTRA Public Company Limited, is an operator of Asia’s leading wholesaler and retailer, Makro and Lotus’s. The Company is based in Thailand, with operation across 10 countries. CP AXTRA is committed to fulfilling people’s lives with good health, love, joy, and well-being, by providing solutions and meeting customers’ daily needs with technology, innovation, and operational excellence. With over 30 years of retail experience, CP AXTRA is a trusted partner for both B2B and B2C customers, offering a comprehensive range of products and services. Today, it manages over 2,700 offline stores in Thailand and Asia, with strong online presence.
About Ayala Corporation
For more than 190 years, Ayala Corporation has been building businesses that enable people to thrive. Ayala, currently one of the largest conglomerates in the Philippines, has meaningful presence in real estate, banking, digital services and telecommunications, and renewable energy. It likewise has a growing presence in healthcare, mobility, and logistics as well as investments in industrial technologies, education, and other ventures. Ayala manages its corporate social responsibility initiatives through Ayala Foundation.
About Ayala Malls
Ayala Malls is the premier lifestyle mall network in the Philippines, known for creating vibrant, well-curated destinations that bring together shopping, dining, culture, and community experiences. With 34 malls nationwide, Ayala Malls continues to lead in elevating the Filipino retail experience by offering a diverse mix of global and local brands, innovative spaces, and enriching events that celebrate local creativity and inclusivity. As part of Ayala Land, the country’s leading real estate developer, Ayala Malls is committed to building dynamic, sustainable spaces where people can connect, thrive, and enjoy life’s everyday moments.
MANILA, PHILIPPINES – Media OutReach Newswire – 28 May 2026 – Skyro, a digital-first consumer finance platform, disbursed PHP 15.8 billion (over $280 million) and doubled the number of loans issued in the Philippines in 2025. This represents a 2.6-fold increase in loan disbursements year-on-year and places the company among the fastest-growing consumer lenders in the country.
Over the two-year period from 2023 to 2025, cumulative growth reached approximately 5.9-fold in number loans issuedand 8.7-fold in disbursement value. Skyro’s loan portfolio includes POS (point-of-sale) installment loans, cash loans, and сredit lines.
Skyro co-founder, Nasim Aliev:
“We are proud to deliver multiple-fold growth in our loan portfolio, significantly outpacing the overall expansion of consumer lending in the Philippines. Since launching in 2022, Skyro has focused on offering a simple, convenient and mobile-first solution at the point of sale, building a business that is clearly in strong demand. Our core mission is to empower people by providing accessible financing. The priority remains delivering innovative, AI-powered digital finance tools that enhance the customer experience.”
Skyro co-founder, Arsen Liametov:
“We’ve been tripling our revenue every year since 2022. Our success in unsecured lending in the Philippines provides a strong foundation for expansion into additional fintech products and new jurisdictions across developing markets. Backed by Skyro’s multinational team of over 600 fintech professionals with experience across more than 20 markets, we bring a broad perspective that strengthens our ability to scale our business model internationally.”
Over the past year, Skyro’s customer base doubled and remains on a strong upward growth trajectory. At the same time, its loan portfolio was significantly de-risked, primarily dueto Skyro’s AI-driven scoring system. The number of registered users on the Skyro platform reached 6.3 million at the end of 2025. The average loan size grew by nearly 30% year-on-year, driven by a shift toward larger-ticket products.
Skyro’s merchant partner network expanded significantly in 2025, with particularly strong growth in the online channel. The number of online partners grew by 405%, reflecting an active push into e-commerce POS lending. The offline network added 631 new merchant locations, growing by 50%. By the end of 2025, Skyro had partnered with more than 2,000 merchants, including those operating nearly 9,000 brick-and-mortar stores.
Hashtag: #Skyro
The issuer is solely responsible for the content of this announcement.
About SKYRO
Skyro is a high-growth, digital-first fintech group delivering scalable, responsible financial access across high-potential emerging markets. Powered by proprietary data science, AI-driven credit decisioning, and alternative-data scoring, the company combines a mobile-native experience with modular fintech architecture to serve underserved client segments at scale.
In just three years, Skyro has grown to serve over one million active customers in the Philippines, underpinned by a robust credit portfolio exceeding $200 million. The company’s strategic ambition is to establish itself as the preeminent full-spectrum financial services group across dozens of emerging markets worldwide.
MANILA, PHILIPPINES – Media OutReach Newswire – 28 May 2026 – Aon plc (NYSE: AON), a leading global professional services firm, is today hosting its Better Decisions Leadership Forum in Manila, bringing together senior business leaders to discuss how organisations can navigate from risk to resilience and growth in an increasingly complex environment. The invitation-only forum is taking place at the Fairmont Hotel in Makati.
The event is expected to convene more than 70 C-suite and senior business leaders from top organisations across the Philippines for a closed-door exchange on managing economic, workforce, climate and operational pressures. By bringing together diverse perspectives, the forum aims to foster practical insights and strategies that help organisations navigate uncertainty, protect their businesses and drive sustainable growth.
The program will be officially opened by Karl Hamann, CEO of Philippines for Aon, followed by a keynote from Andrew Jeffries, country director for the Asian Development Bank on the macroeconomic and geopolitical trends shaping the business environment.
Notable speakers include Terence Williams, head of Commercial Risk in Asia Pacific for Aon, and other firm executives alongside external regional leaders, including Annacel Natividad, chief risk officer and sustainability head for Aboitiz Foods Group, and Raymond Martin Aguilar, vice president and head of risk and property management for Globe Telecom, Inc.
“This forum reflects a fundamental shift in how organisations are evolving their approach to risk,” said Williams. “Across Asia Pacific, we are seeing a growing focus on using data and analytics to understand trade-offs, test scenarios and act with greater confidence. Bringing leaders together to share practical experience is critical to strengthening resilience while continuing to drive growth.”
A central feature of the forum will be a C-suite panel on adaptive leadership in a digital world, where senior leaders will share how they are balancing risk, resilience and growth, and the decisions shaping their organisations today. The session will be moderated by Irma Gaviola, head of Commercial Risk, Philippines for Aon.
The program will include risk masterclasses focused on key enterprise exposures, including cyber and climate risks, exploring how organisations can quantify risk, strengthen resilience and design more effective risk transfer strategies.
Participants will also be introduced to Aon’s Risk Analyzers, an interactive environment where clients can experience a suite of analytics-led tools that support scenario testing and supports better risk capital decisions. The tools are designed to help organisations assess exposures and evaluate strategic choices in real time.
“The Philippines sits at the intersection of strong economic growth and increasing risk complexity, said Hamann. “This forum creates a space for candid dialogue and practical insights to help organisations navigate risk with greater clarity and confidence.”
The Better Decisions Leadership Forum is part of Aon’s ongoing commitment to helping organisations turn insight into action – enabling more informed decision-making to protect and grow their business.
Hashtag: #Aon
The issuer is solely responsible for the content of this announcement.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.
MarsLab outlines a system-first approach to AI inference infrastructure for enterprise and edge deployment scenarios.
SINGAPORE – Media OutReach Newswire – 28 May 2026 – MarsLab Pte Ltd today introduced its Singapore-based AI inference infrastructure roadmap, focused on deployment-oriented systems for enterprise and edge AI workloads.
MarsLab takes a system-first approach to AI infrastructure, bringing together hardware systems, software stack integration, workload validation, and deployment economics. The company is focused on practical scenarios where AI inference needs to operate reliably across real-world environments, including enterprise applications, edge deployment, and industry-specific systems.
MarsLab’s near-term M100 platform is designed for commercial and system-level validation. The platform is intended to help the company evaluate real workloads, software behavior, integration requirements, operational constraints, and customer deployment needs. These learnings will support MarsLab’s longer-term M200 roadmap, which is planned as a future self-designed silicon direction informed by practical deployment data.
“We believe future AI infrastructure should be developed with a system-first mindset,” said Zhongwei Liao, CEO of MarsLab. “Before moving toward deeper technology roadmaps, it is important to understand real workloads, system integration requirements, and deployment economics in practical environments.”
MarsLab is building its presence in Singapore and engaging with partners across Southeast Asia’s semiconductor and AI infrastructure ecosystem. The company aims to support enterprises and technology partners seeking practical, efficient, and deployable AI inference infrastructure.
The issuer is solely responsible for the content of this announcement.
About MarsLab Pte Ltd
MarsLab Pte Ltd is a Singapore-based AI inference infrastructure company focused on enterprise and edge AI deployment scenarios. The company works across hardware systems, software stack integration, workload validation, and deployment economics, with a system-first approach to practical AI infrastructure.
Data transferred securely and rapidly between space and ground
Compatible with U.S. Space Development Agency standard
UK Space Minister Liz Lloyd welcomed the news
Units for purchase and service contracts available
OXFORD, England, May 27, 2026 /PRNewswire/ — Archangel Lightworks, the laser communications company, has successfully completed field trials of the TERRA-M, the world’s smallest deployable operational optical ground station, proving its capability. The news was warmly welcomed by Liz Lloyd, the UK Space Minister, and the trials were funded by the UK’s Defence Science and Technology Laboratory.
Proved its capability: the Archangel Lightworks TERRA-M deployable operational optical ground station
Data was securely and rapidly transferred between the TERRA-M and a satellite in low Earth orbit over the course of a multi-day field trial in the Mediterranean region earlier this month. The field trials used the U.S. Space Development Agency laser communication standard and were repeated across multiple passes to prove reliability.
The TERRA-M is a small fraction of the size of traditional optical ground stations with an optical head standing just 1.1m tall and 0.7m in diameter. It does not require an external dome, is easily transportable by light vehicle or aircraft, and can be readily deployed on the roof of a building. TERRA-M units and ground-station-as-a-service contracts are already being purchased by and delivered to customers.
“The TERRA-M is uniquely capable of rapid, secure data transfer with satellites while also being small enough to be deployed and redeployed at the point of need,” said Richard Johanson, CEO of Archangel Lightworks.
“We are on a pathway to providing resilient, large-scale deployable networks of optical ground stations,” added Johanson, “the demand for space-based information and connectivity solutions continues to grow exponentially, and we are pleased that our technology will play a role in this exciting new global communications infrastructure.”
Space Minister Liz Lloyd said: “Archangel Lightworks is a prime example of British innovation leading the world in next-generation space technology. The successful trials of the TERRA-M show the UK is at the forefront of laser communications, developing the kind of cutting-edge products that will underpin the future of global connectivity.”
“Investing in homegrown capability like this strengthens our national security, drives economic growth, and brings opportunities to communities that need them most,” added Lloyd, “the UK Government is proud to have supported Archangel Lightworks, and this is a clear demonstration of what our space sector can deliver.”
The TERRA-M’s small size means it can easily be deployed far from existing communications infrastructure – i.e. at the “edge” of networks. Unlike existing optical ground stations, it does not need a dedicated building of its own, or a fixed protective dome. Its modular design was developed to enable broad interoperability with a wide range of lasercom standards and terminals.
Laser communications to and from satellites is a key component of next-generation space infrastructure, supporting rapidly-increasing satellite traffic and providing a high volume, secure alternative to radio-based data transmission. Satellite internet backhaul and earth observation data transfer are among the principal applications of laser communications, which also support space exploration missions such as Artemis.
The technology has both commercial and defence applications, and bypasses the vulnerabilities associated with terrestrial and subsea cables. It also has the potential to bring high volume satellite communications to communities and thereby reduce the digital divide. As compute moves into orbit through the use of orbital data centres, optical ground infrastructure will play an increasingly important role in seamless connectivity between networks in space and networks on the ground.
Archangel Lightworks’ investors include Santander Alternative Investments, National Security Strategic Investment Fund, Blackfinch Ventures, Oxford Capital, Lycka Limited, and Oxford Science Enterprises. The company raised $13.5m (£10m) in an oversubscribed Series A funding round last month, bringing total funding to date to $20m.
Archangel Lightworks is also supported by the UK Space Agency, the UK’s Department of Science and Technology (DSIT) and the UK Ministry of Defence. The company has memoranda of understanding with companies including Starcloud and Omantel, and a number of commercial contracts.
About Archangel Lightworks
Archangel Lightworks builds deployable communication systems to connect networks in space with networks on the ground. Today, space and terrestrial networks are not well-connected leading to insecure, insufficient, and vulnerable infrastructure. High volume, secure links between space and ground are needed. We are driving down the Size, Weight and Power (SWaP) of optical terminals to make lasercom available and affordable. Our core product, the TERRA-M, is a miniature Optical Ground Station. The TERRA-M brings deployable, resilient connectivity to wherever it is needed, helping to solve some of Earth’s most critical problems from economic inclusion to climate change.
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