SINGAPORE - Media OutReach Newswire - 13 August 2026 - Global fintech company PayerMax today announced that Last War: Survival Game ("Last War"), one of the world's leading strategy mobile games, has successfully integrated the cashless payment service Rakuten Pay, marking a key milestone for the company.

As a leading overseas payment service provider (PSP), PayerMax has integrated Rakuten Pay to enable international merchants to adopt this payment method in Japan. This integration marks a significant milestone in the technical collaboration, successfully supporting merchants in leveraging Rakuten Pay for their local operations.

The milestone not only enhances the localized payment experience for Last War players in Japan, but also demonstrates how international game publishers can leverage trusted local payment partnerships to accelerate market entry, strengthen localization and better engage Japanese consumers.

Connecting with Japanese Players Starts with Local Payments

As more global game publishers expand into Japan, localized payment experiences have become an increasingly important part of player acquisition, monetization and long-term growth.

As one of the flagship payment services within the Rakuten Ecosystem, Rakuten Pay plays a central role in Japan's digital commerce landscape. The Rakuten Ecosystem connects more than 100 million registered members across e-commerce, financial services, travel, mobile and offline retail, and Rakuten Pay has become one of Japan's most widely adopted local payment methods.

For international game publishers, integrating Rakuten Pay is about more than offering another payment option. It provides access to one of Japan's most established consumer ecosystems, allowing games to deliver payment experiences aligned with local player preferences while building stronger engagement in one of the world's most competitive gaming markets.

Supporting Last War Highlights PayerMax's Local Payment Expertise in Japan

As one of the fastest-growing strategy games worldwide, Last War continues to expand its global footprint, with Japan representing one of its key strategic markets. As expectations for localized payment experiences continue to rise, enabling familiar and trusted local payment methods has become an important part of enhancing player experience and supporting sustainable growth.

With support from PayerMax, Last War successfully integrated Rakuten Pay, becoming a leading overseas game to support the payment method and offering Japanese players a more localized and seamless payment experience.

Designed to support international businesses entering Japan, PayerMax provides a unified payment solution that bridges the gap between global merchants and the local ecosystem. By leveraging PayerMax's integration with Rakuten Pay, PayerMax serves as a gateway for international businesses to establish a strong presence in the Japanese market.

Faster Market Entry

Through PayerMax's system integration with Rakuten Payment, eligible merchants benefit from a standardized integration pathway that shortens implementation timelines and accelerates go-to-market execution in Japan.

Reliable Compliance and Fund Management Enablement

Leveraging the established business relationships between PayerMax and Rakuten Pay, merchants are empowered to integrate Rakuten Pay through a streamlined, standardized pathway which is aligned with Japan's local regulatory and operational requirements, thereby delivering a payment experience that resonates with the everyday spending habits of Japanese players. Furthermore, within this collaborative framework, PayerMax and Rakuten Pay facilitate the unified orchestration of critical processes including KYC, anti‑money laundering (AML) and fund management, effectively alleviating the operational complexities and associated costs of local payment execution. This enables merchants to refocus their resources on sustainable business growth and enriched player engagement.

Access to Japan's Consumer Ecosystem

Through PayerMax, businesses can better engage local consumers, strengthen brand presence and build sustainable long-term growth in Japan.

The successful integration for Last War not only demonstrates the commercial value of the partnership between PayerMax and Rakuten Payment, but also provides a proven reference for more global game publishers and digital content companies expanding into Japan.

Executive Quotes

Hiroki Sogawa, Executive Officer, Rakuten Payment, said:

"We are pleased to partner with PayerMax and to see Last War, a leading title, successfully integrate Rakuten Pay as a payment option. Through this collaboration, we look forward to supporting more international businesses and digital content providers in delivering trusted, localized payment experiences for Japanese consumers."

Will, APAC General Manager of PayerMax, said:

"Integrating with Rakuten Pay marks an important milestone in PayerMax's expansion of local payment capabilities in Japan. The successful launch of Last War reflects the strength of our partnership and demonstrates our ability to help global game publishers and international businesses localize faster through trusted local payment infrastructure. Looking ahead, we will continue working with leading local payment partners worldwide to deliver secure, compliant and scalable payment solutions for global merchants."

Strengthening Local Payment Infrastructure for Global Growth

The partnership with Rakuten Payment represents another important milestone in PayerMax's strategy to strengthen local payment infrastructure across key global markets and further expand its local payment capabilities in Japan.

Today, PayerMax supports businesses across more than 150 markets and offers access to over 600 payment methods worldwide, backed by an extensive network of local payment partners spanning Japan, Southeast Asia, the Middle East, Latin America and other high-growth regions.

Rather than simply aggregating payment methods, PayerMax focuses on connecting businesses with the local payment ecosystems that shape consumer behavior in each market. By combining enterprise-grade payment technology with trusted local partnerships, PayerMax enables international businesses to localize faster, operate more efficiently and achieve sustainable global growth.

Hashtag: #PayerMax #RakutenPay

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

BEIJING, CHINA - Media OutReach Newswire - 13 August 2026 - Recently, the Hinggan League Agricultural, Cultural and Tourism Consumption Carnival, themed "Taste the Best of Hinggan Discover the Grasslands in Beijing," was officially held in Beijing.

As a grand industry promotion event for buyers, cultural and tourism professionals, and media outlets from across the country, the carnival showcased a wide range of Hinggan League's distinctive eco-friendly agricultural and livestock products.

Through industry stories, product tastings, business matchmaking, and the launch of cultural and tourism routes, the event highlighted the tangible results of Hinggan League's efforts to leverage its pristine natural ecology, modern agricultural technologies, and full-chain industrial development to promote green development and increase local incomes. It also served as a bridge connecting Hinggan League's premium ecological products with markets across China and overseas.

At the event, Hinggan League's beef cattle and rice industries were among the key highlights, attracting considerable attention from numerous market players attending for exchanges and potential partnerships. Located in the golden latitude belt for agriculture and animal husbandry, Hinggan League enjoys exceptional natural advantages. In the early stages of industrial development, the league made coordinated plans for two key industries?beef cattle and rice?and launched an industrial upgrade covering the entire value chain, from breeding stock and forage to farming, processing, and branding.

Breeding is the "chip" of the beef cattle industry. In recent years, Hinggan League has vigorously introduced national-level cattle breeding technology enterprises and established its first national-level bull breeding station. More than 5.5 million doses of frozen semen from high-quality breeding cattle, including Simmental and Angus, are produced annually and distributed to various parts of China. At the same time, the region has continued to improve its technical service system. Through a tiered extension-agent system and on-site guidance in rural communities, local experts are helping herders adopt more scientific cattle-raising practices. In terms of forage supply, the Forage Industry Processing, Logistics and Trading Park in Keyouzhong Banner, Hinggan League, has officially begun operations, collecting crop straw from surrounding farmland and processing it into high-quality forage. Research teams have also successfully developed palatable fermented feed using microbial fermentation technology, substantially reducing the average daily feeding cost per head of cattle and securing the "first mile" of the industry chain.

At the sales and branding end, Hinggan League's beef cattle industry is making a comprehensive transition from "selling live cattle" to "selling brands." The region has not only cultivated large-scale meat processing enterprises and developed more than 100 product categories for e-commerce and foodservice channels nationwide, but has also established a livestreaming e-commerce operations center and set up marketing centers and forward warehouses in the Beijing-Tianjin-Hebei region. With the official launch of regional public brands such as "Keyouzhong Banner Beef," a complete modern beef cattle industry chain is now taking shape.

As with beef, the key to the development of Hinggan League rice also lies in the full value chain from seed to table. The fragrant, glutinous, and sweet taste of Hinggan League rice comes from its pristine ecological foundation-clean water, clean soil, and clean air. Local research teams have been working on the front lines of rice breeding for more than 30 years, independently developing and registering 21 high-quality rice varieties and helping thousands of farming households increase their incomes each year.

With quality seeds in place, farming methods are also undergoing profound changes. In Duerji Town, Keyouzhong Banner, local rice cooperatives have adopted a model of "unified planting, unified processing, and unified sales," while developing their own brands. By combining contract farming with online and offline sales, they have secured reliable sales channels and helped cooperative members achieve significant income growth. In Zhalaite Banner, meanwhile, entrepreneurs who returned to their hometowns took the lead in introducing integrated fertigation technology using drip irrigation beneath plastic film, enabling rice to be grown on "dry land" and achieving both ecological and economic benefits, including water savings of 700 cubic meters per mu. With rice now entering a critical period for field management, agricultural technicians and farmers are busy carrying out scientific foliar nutrient supplementation, applying nitrogen fertilizer appropriately, and conducting regular field inspections for pests. Through precise water and fertilizer management and green pest and disease control, they are laying a solid foundation for stable high yields in the autumn harvest.

From a quality seed to a premium cut of beef, and from a bowl of rice to a regional brand, the cattle and rice industries may appear to follow two separate paths, but in reality they are part of a single coordinated strategy. Under Hinggan League's overall planning and coordination, the concentrated beef cattle breeding and finishing base in Zhalaite Banner has brought in a state-owned enterprise to operate the facility, significantly increasing collective village income. Meanwhile, 38 enterprises in Hinggan League authorized to use the "Hinggan League Rice" brand have all adopted the nine standards established for the brand, driving the brand value beyond RMB 31 billion.

Winds sweep across the Horqin Grassland, sending waves through the grass and bending the heavy ears of rice. Moving from selling raw grain and live cattle to selling brands and quality, Hinggan League's more than a decade of dedicated efforts have transformed the grassland's ecological advantages into industrial strengths and its resource advantages into greater income for local communities, making "cattle and rice" a solid pillar of prosperity for the people and development across the league.

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

MACAU SAR - Media OutReach Newswire - 13 August 2026 - W Macau - Studio City, located within Melco Resorts & Entertainment's integrated resort of Studio City in Cotai, Macau, is pleased to announce the appointment of Sammy King as General Manager. In this role, Sammy will lead the hotel in delivering its commitment to exceptional guest experiences, while driving operational excellence, enhancing business performance and supporting the continued evolution of unique experiences that define the property.

With a career spanning both hotel operations and commercial leadership, Sammy brings 38 years of hospitality experience across the Chinese Mainland and Hong Kong to the role. He spent a decade in hotel operations before moving into sales leadership, where he drove growth for a number of hotel brands. His experience across Marriott luxury brands including St. Regis and Mandarin Oriental, equipped him with a well-rounded perspective to guest experience, making him well-placed to navigate the dynamic pace of Macau's fast-evolving lifestyle luxury landscape.

In 2021, Sammy rejoined Marriott International as Director of Sales & Marketing at W Hong Kong and was promoted to Hotel Manager during his tenure there. His contributions to the property were recognized with the "Sales Hotelier of the Year" title from Stelliers Greater China in 2023, and W Hong Kong retained its Four-Star rating in the Forbes Travel Guide 2026 under his leadership.

"It's an honor to step into this role at W Macau - Studio City, a hotel that captures the bold spirit at the very heart of the W Hotels brand. This property embodies the vibrant energy and cultural crossroads that make Macau such an electric destination, and I'm thrilled to lead our dynamic talents as we continue delivering the iconic Whatever/Whenever experience our guests have come to expect. offering a unique brand of contemporary luxury that goes above and beyond," said Sammy King, General Manager, W Macau - Studio City.

Born and raised in Hong Kong, Sammy holds a Bachelor's Degree in Business Administration (Marketing Management) from the Royal Melbourne Institute of Technology. Outside of his professional life, he is passionate about traveling, snowboarding and fitness, adding to his dynamic personality.

About W Macau - Studio City

Situated within the vibrant Studio City integrated resort on Macau's Cotai Strip, W Macau - Studio City is envisioned as a gateway for guests to explore and discover the city in an exciting contemporary context. Drawing inspiration from the enchanting nostalgia of the golden age of cinema, the hotel seamlessly weaves a tangible thread of Macau's unique East-meets-West culture and history into its design. With 557 stylish guest rooms, W Macau - Studio City showcases four distinctive B&F offerings, state-of-the-art facilities and amenities, and Greater China's first W Sound Suite, epitomizing its unique manifestation of new luxury.

About W Hotels

Born from the social electricity of New York City, W Hotels has been at the forefront of lifestyle hospitality for over two decades. With 70 destinations around the world, the detail-driven design, signature Whatever/Whenever service, and buzzing Living Rooms cultivate experiences of social connectivity. Each location brings together the magnetic energy of W Hotels and the essence of local culture, creating spaces for new perspectives and a freedom of self-expression. W Hotels is currently undergoing a multi-year brand evolution, to meet the needs of today's guests and deliver a new generation of luxury lifestyle experiences. For more information on W Hotels, visit w-hotels.com and stay connected on Instagram, TikTok, X, Facebook, and YouTube.

W Hotels is proud to participate in Marriott Bonvoy, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including complimentary nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com.

About Marriott Bonvoy

Marriott Bonvoy's extraordinary portfolio offers renowned hospitality in the most memorable destinations in the world, with more than 30 brands that are tailored to every type of journey. From The Ritz-Carlton and St. Regis to W Hotels and more, Marriott Bonvoy has more luxury offerings than any other travel program. Members can earn points for stays at hotels and resorts, including all-inclusive resorts and premium home rentals, and through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays, Marriott Bonvoy Moments, or through partners for luxurious products from Marriott Bonvoy Boutiques. To enroll for free or for more information about Marriott Bonvoy, visit marriottbonvoy.com.

For more information on W Macau ? Studio City, visit www.wmacaustudiocity.com or get social with W Macau - Studio City on Facebook @W Macau - Studio City/ Instagram @wmacaustudiocity / WeChat: 澳门W酒店.

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

Hashtags: #WMacau?StudioCity

http://www.wmacaustudiocity.com/

https://www.facebook.com/WMacauSC

Wechat: 澳门W酒店

https://www.instagram.com/wmacaustudiocity/

ABU DHABI, Uni Emirat Arab, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Space42, perusahaan Teknologi Antariksa (SpaceTech) berteknologi AI yang berbasis di UEA dengan jangkauan global, telah menandatangani Nota Kesepahaman (MoU) dengan Leonardo DRS. Perjanjian tersebut menetapkan kerangka kerja untuk mengintegrasikan sistem misi Leonardo DRS dengan konektivitas satelit aman Space42 dalam rangka memperkuat kedaulatan serta keamanan nasional di seluruh Uni Emirat Arab.

Berdasarkan MoU tersebut, Leonardo DRS akan menyumbangkan keahliannya dalam sistem misi C5ISR, sedangkan Space42 akan menyediakan komunikasi satelit yang aman dan didukung AI, serta konektivitas Beyond Line of Sight (BLOS). Secara bersama-sama, kedua perusahaan akan mengeksplorasi perancangan dan integrasi kapabilitas misi canggih untuk UEA.

"Menjadi pemimpin tepercaya di bidang konektivitas aman merupakan salah satu prioritas strategis Space42, karena kami menetapkan standar bagi jaringan yang tangguh dan siap mendukung kebutuhan misi," ujar Ahmed AlMehrzi, Chief Commercial Officer ? Government di Space42. "Dengan memadukan infrastruktur satelit berdaulat dan kapabilitas komunikasi kami yang didukung AI dengan sistem misi canggih milik Leonardo DRS, kami memperkuat komunikasi terlindungi untuk memajukan ekosistem keamanan nasional UEA."

"MoU ini menandai langkah maju yang penting dalam komitmen kami untuk mendukung prioritas keamanan nasional UEA melalui kapabilitas terintegrasi yang canggih dan telah teruji, guna memastikan keberhasilan misi di tengah lanskap ancaman yang terus berkembang," ujar Denny Crumley, Senior Vice President & General Manager unit bisnis Land Electronics Leonardo DRS. "Kami bangga dapat mengambil bagian dalam peluang ini bersama Space42, sekaligus terus memperluas bisnis internasional kami melalui kemitraan strategis di seluruh dunia."

Dengan semakin kompleks dan saling terhubungnya operasi keamanan nasional, kekuatan pertahanan suatu negara membutuhkan sistem misi yang terintegrasi, komunikasi satelit yang aman, serta kesadaran situasional yang berkelanjutan. Leonardo DRS menghadirkan keahlian teruji dalam pengembangan dan integrasi teknologi C5ISR yang tangguh dan berkinerja tinggi, serta sistem elektronik kendaraan yang penting bagi kebutuhan misi mitra internasional. Untuk melengkapi kemampuan tersebut, Space42 menyediakan komunikasi satelit berdaulat dan layanan antariksa yang memperluas konektivitas aman di luar jangkauan jaringan terestrial, sekaligus mendukung pengambilan keputusan berbasis informasi serta ketahanan operasional UEA.

Leonardo DRS merupakan penyedia tepercaya untuk sistem manajemen misi canggih, komputasi jaringan, serta kemampuan integrasi kendaraan bagi militer AS dan pasukan sekutu di seluruh dunia. Perusahaan ini dikenal sebagai salah satu pemimpin dalam penyediaan teknologi komputasi taktis berkinerja tinggi yang telah teruji, layar pintar, pemrosesan yang didukung AI, serta solusi C4/C5/C6ISR terintegrasi yang mengurangi beban kognitif komandan dan awak saat beroperasi di lingkungan keamanan yang kompleks. Sistem tersebut dirancang untuk memberikan kesadaran situasional secara real time, yang bersifat skalabel, kompatibel di berbagai platform, serta mendukung arsitektur terbuka.

Tentang Space42

Space42 (ADX: SPACE42) merupakan perusahaan Teknologi Antariksa (SpaceTech) berteknologi AI yang berbasis di UEA yang mengintegrasikan komunikasi satelit, analitik geospasial, dan kemampuan kecerdasan buatan untuk menerangi Bumi dari ruang angkasa. Dibentuk pada tahun 2024 melalui merger yang berhasil antara Bayanat dan Yahsat, jangkauan global Space42 memungkinkannya untuk memenuhi kebutuhan pelanggannya yang berkembang pesat di sektor pemerintahan, perusahaan, dan masyarakat. Space42 terdiri dari dua unit bisnis: Layanan Ruang Angkasa dan Solusi Cerdas. Layanan Ruang Angkasa berfokus pada operasi satelit hulu untuk layanan satelit tetap dan bergerak. Solusi Cerdas mengintegrasikan akuisisi dan pengolahan data geospasial dengan AI untuk mendukung pengambilan keputusan, meningkatkan kesadaran situasional, dan meningkatkan efisiensi operasional. Pemegang saham utama meliputi G42, Mubadala, dan IHC.

Untuk informasi selengkapnya, kunjungi: www.space42.ai; ikuti kami di X: @space42ai 

Tentang Leonardo DRS

Leonardo DRS, Inc. (Nasdaq: DRS) berada di garis terdepan dalam mengembangkan dan menghadirkan teknologi pertahanan transformatif bagi militer AS dan negara-negara sekutunya. Perusahaan ini memiliki spesialisasi dalam teknologi penginderaan berkinerja tinggi, komputasi jaringan, perlindungan pasukan, serta solusi tenaga listrik dan propulsi yang dirancang untuk memenuhi kebutuhan misi yang paling berat. Untuk informasi tambahan, kunjungi www.LeonardoDRS.com.

Pemberitahuan Hukum dan Pernyataan Peringatan mengenai informasi berwawasan ke depan 

Pengumuman ini mungkin berisi pernyataan berwawasan ke depan berdasarkan ekspektasi dan asumsi saat ini tentang peristiwa di masa mendatang. Pernyataan-pernyataan ini, yang ditandai dengan istilah seperti "diperkirakan," "akan," atau istilah serupa, dipengaruhi oleh berbagai risiko dan ketidakpastian serta mungkin terbukti tidak akurat. Pernyataan ini mencerminkan informasi yang tersedia hingga tanggal dokumen ini, dan perusahaan secara tegas menyangkal adanya kewajiban untuk memperbaruinya. Tidak ada jaminan yang diberikan bahwa pernyataan berwawasan ke depan itu akan terwujud, dan pernyataan tersebut tidak boleh dijadikan dasar pertimbangan secara berlebihan. Pengumuman ini bukan merupakan promosi keuangan atau penawaran untuk membeli atau menjual sekuritas di yurisdiksi mana pun. 

KONTAK MEDIA

Tim Komunikasi Space42 - media@space42.ai

Photos: Kartik Srinivasan will serve as the New Editor-in-Chief of Optica Quantum

Srinivasan brings extensive expertise in quantum photonics and a distinguished record of scientific leadership to the position

WASHINGTON, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Optica Publishing Group is pleased to announce that Kartik Srinivasan has been appointed as the new editor-in-chief of Optica Quantum.

Srinivasan is a National Institute of Standards and Technology (NIST) Fellow and Fellow of the NIST/University of Maryland Joint Quantum Institute, where he also serves as Co-Director and as an Adjunct Professor of Physics. He is widely recognized for research on integrated quantum photonics, nonlinear nanophotonics, and photonic crystals, with applications in quantum communications, sensing, and metrology.

He has authored more than 200 peer-reviewed publications and is a Fellow of Optica, in addition to receiving numerous honors, including the Presidential Early Career Award for Scientists and Engineers (PECASE) and the NIST Samuel Wesley Stratton Award. Srinivasan has been engaged with Optica Quantum as a Deputy Editor since its inception in 2023.

He brings extensive expertise in quantum photonics and a distinguished record of scientific leadership to the position, following the Founding Editor-in-Chief, Michael G. Raymer. When asked about his new role, Srinivasan stated: "I firmly believe it is important to support Society-led publications such as Optica Quantum. It has been a privilege to help develop this Journal from the beginning and I am proud of the success it has achieved so far. I am honored to continue working with an exceptional editorial board and support team to serve our community."

Commenting on this appointment, Alison Taylor, Chief Publishing Officer at Optica said: "The success of our journals depends on community engagement and trust. We are sincerely grateful to Optica Quantum's Founding Editor, Michael G. Raymer, for his leadership and vision, which have shaped the quality and reputation of the Journal. I am confident Prof. Srinivasan will ensure Optica Quantum remains a premier publishing resource for the photonic quantum science and technology community and I am delighted to welcome him as incoming Editor-in-Chief."

About Optica Publishing Group

Optica Publishing Group is a division of the society Optica, Advancing Optics and Photonics Worldwide. It publishes the largest collection of peer-reviewed content in optics and photonics, including 19 prestigious journals, the society's flagship member magazine, and papers and videos from over 1,200 conferences. With over 520,000 journal articles, conference papers and videos to search, discover and access, Optica Publishing Group represents the full range of research in the field from around the globe. Find more information at opg.optica.org/

About Optica

Optica, Advancing Optics and Photonics Worldwide, is the Society dedicated to promoting the generation, application, archiving and dissemination of knowledge in the field. Founded in 1916, it is the leading organization for scientists, engineers, business professionals, students and others interested in the science of light. Optica's renowned publications, meetings, online resources and in-person activities fuel discoveries, shape real-life applications and accelerate scientific, technical and educational achievement. Discover more at: Optica.org. 

Media Contacts:

mediarelations@optica.org

KUALA LUMPUR, Malaysia, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Founder Energy Sdn Bhd, a subsidiary of Founder Group Limited (NASDAQ: FGL) ("Founder Group" or the "Company"), has signed a turn-key EPCC (engineering, procurement, construction and commissioning) contract to build a 1.78 MW-peak rooftop solar system for a client that operates a facility powers shrimp farming and processing plant in Ayer Hitam, Kedah.

The contract is valued at approximately RM5.58 million (US$1.37 million).

Malaysia Renewable Energy Acceleration

Malaysia's renewable energy (RE) sector is undergoing rapid structural growth, driven by national policy initiatives under the National Energy Transition Roadmap (NETR), which targets 70% RE capacity by 2050. Driven by new market mechanisms: including the Corporate Renewable Energy Supply Scheme (CRESS), the launch of Solar ATAP (Solar Accelerated Transition Action Programme), and upcoming Large-Scale Solar (LSS6) frameworks where expected investment ranging RM13 billion to RM15 billion (USD 3.2 billion to USD3.7 billion).

With national utility tariffs adjusting under Regulatory Period 4 (RP4) and fluctuating Automatic Fuel Adjustments (AFA), energy-intensive businesses are increasingly seeking distributed solar solutions to insulate their bottom line from power cost volatility.

Expanding Footprint in Malaysia's Aquaculture Sector

Securing this contract also marking our second major clean energy project tailored for the agricultural sector, following its first shrimp farm project in Terengganu, and its first to combine an integrated shrimp farm with a processing plant. This facility is engineered to deliver a 25-year operational design life, supplying clean energy directly to its agricultural operations while supporting Malaysia's broader commercial decarbonization targets.

According to the Department of Fisheries Malaysia, domestic aquaculture produced over 500,000 metric tons valued at approximately US$1 billion in 2023. Under the National Agro-Food Policy 2.0, the government aims to expand aquaculture output to 40% of total fisheries production by 2030, driving significant power requirements across coastal and rural farming facilities.

The adoption of solar energy in commercial aquaculture is rapidly expanding across Southeast Asia. In farming operations, electricity and fuel represent the second-largest controllable expense after feed. Recent regional studies in Brunei and Taiwan demonstrate that rooftop solar can lower aquaculture power costs by as much as 72%, while government-backed solar initiatives in Indonesia achieved up to 50% grid-electricity savings by powering continuous 24/7 pond aeration equipment.

Expanding Service Capabilities: Full-Suite EPCC & AI-Powered O&M

Under the contract, Founder Energy's scope is to manage the complete EPCC, including structural integrity assessments, plus coordination with national utility Tenaga Nasional Berhad, TNB to connect the system to the grid, and to comply with the FM Global standard.

Beyond the turnkey EPCC execution, Founder Group in general also provides long-term asset lifecycle management. The Company integrate the Company's proprietary AI-driven Operations & Maintenance (O&M) technologies. Featuring automated diagnostics, predictive maintenance algorithms, and drone-assisted visual and thermal inspections. Founder Group's O&M platform autonomously identifies anomalies and detects module defects without human intervention. This ensures uninterrupted system uptime, minimizes performance degradation, and guarantees energy output for high-stakes, 24/7 commercial operations.

CEO Commentary 

"Following our entry into aquaculture contract based in Terengganu, this second contract confirms that our solar technology is repeatable and on demand across this sector," said Lee Seng Chi, chief executive officer of Founder Group Limited. "Aquaculture is a non-stop, high demand industry where energy cost efficiency directly safeguards production yield and business continuity. For farm operators, power is not an administrative cost, it is a core operational driver. By deploying solar energy, we are enabling operators to stabilize their energy costs, insulate their margins against tariff volatility, and achieve meaningful sustainable decarbonization. This project further establishes our operational blueprint for how renewable energy can transform traditional food production sectors across Malaysia and the broader region."

In short, Founder Group's expansion into aquaculture sector provides a scalable operational blueprint for commercial aquaculture farms seeking to reduce reliance on grid electricity and diesel power while improving long-term business profitability.

About Founder Group Limited

Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia. The company's primary focus is on two key segments: large-scale solar projects and commercial and industrial (C&I) solar projects. The company's mission is to provide customers with innovative solar installation services, promote eco-friendly resources and achieve carbon neutrality.

For more information on the Company, please visit https://www.founderenergy.com.my/.

Safe Harbor Statement

This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under "Risk Factors" in the Company's filings with the U.S. Securities and Exchange Commission, may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs.

These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.

CONTACT INFORMATION:

For media queries, please contact:

Founder Group Limited

info@founderenergy.com.my

Complete qTest projects - test cases, folder hierarchies, custom fields, attachments, and linked Jira requirements, now move into TestMu AI Test Manager in a single click, with no CSV exports, mapping spreadsheets, or scripts.

SAN FRANCISCO & NOIDA, Aug. 12, 2026 (GLOBE NEWSWIRE) -- TestMu AI (formerly LambdaTest), the Agentic AI Quality Engineering platform, announced one-click migration from qTest to TestMu AI Test Manager. Teams can now move complete qTest projects, including test cases and steps, folder hierarchies, custom fields, attachments, and linked Jira requirements, into Test Manager automatically, replacing weeks of manual migration effort with a single background job.

The process requires only a qTest instance URL, an API token, and a project selection: the migration runs in the background, stays strictly read-only against the source data, and notifies users by email on completion.

"Test case migration has always been the part of a tooling transition that nobody wanted to own, flattened folder trees, custom fields rebuilt manually , attachments re-uploaded one case at a time," said Mudit Singh, Head of Growth at TestMu AI. "We've turned all of that into a background job. Connect, select your projects, and review the results when the email arrives, with your source data untouched the whole way through."

The migration rebuilds projects with structure fully intact: folder hierarchies are recreated in the same order, custom fields are automatically detected and created with required-field flags preserved, attachments and inline images carry over with refreshed links, and linked Jira requirements move with their test cases where Jira is integrated. Original qTest IDs are stored as external IDs and tags for full traceability, and because the migration is read-only, teams can migrate live projects and validate everything inside Test Manager with source data unchanged throughout. qTest joins TestRail, Xray, and Zephyr Scale as the fourth tool with a one-click migration path into Test Manager.

The migration covers test design data, while execution history remains accessible in qTest for audit purposes. To start, log in to TestMu AI, navigate to Test Manager > Projects > Import data, and select qTest. Full documentation is available at: Link 

About TestMu AI

TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.

For more information, visit www.testmuai.com.

Media Contact

Nikhil Saxena

Corporate Communication Manager, TestMu AI

nikhils@testmuai.com

+91 98709 81968

Media Contact

Nikhil Saxena

Corporate Communication Manager, TestMu AI

nikhils@testmuai.com

+91 98709 81968

Copyright ? 2026 GlobeNewswire, Inc.

ABU DHABI, United Arab Emirates, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company with global reach has signed a Memorandum of Understanding (MoU) with Leonardo DRS. The agreement establishes a framework to integrate Leonardo DRS mission systems with Space42's secure satellite connectivity to boost sovereign national security across the United Arab Emirates.

Under the MoU, Leonardo DRS will contribute its expertise in C5ISR mission systems while Space42 will provide secure, AI-enabled satellite communications and Beyond Line of Sight (BLOS) connectivity. Together, the companies will explore the joint design and integration of advanced mission capabilities for the UAE.

"It is a strategic priority for Space42 to be recognized as a trusted leader in secure connectivity, as we set the standard for resilient, mission-ready networks," said Ahmed AlMehrzi, Chief Commercial Officer - Government at Space42. "By combining our sovereign satellite infrastructure and AI-enabled communications capabilities with Leonardo DRS's advanced mission systems, we are strengthening protected communications that advance the UAE's national security ecosystem."

"This MoU marks a significant step forward in our commitment to supporting U.A.E. national security priorities with proven, advanced integrated capabilities that enable mission success in today's evolving threat landscape," said Denny Crumley, Senior Vice President & General Manager of the Leonardo DRS Land Electronics business unit. "We are proud to be a part of this opportunity with Space42 as we continue to grow our international business with strategic partners around the world."

As national security operations grow more complex and interconnected, sovereign forces require integrated mission systems, secure satellite communications, and ongoing situational awareness. Leonardo DRS delivers proven expertise in developing and integrating rugged, high-performance C5ISR technologies and mission-critical vehicle electronics for international partners. Complementing this capability, Space42 provides sovereign satellite communications and space services that extend secure connectivity beyond terrestrial networks, supporting informed decision-making and operational resilience for the UAE.

Leonardo DRS is a trusted provider of advanced mission management systems, network computing and vehicle integration capabilities for the U.S. military and allied forces around the world. The company is a recognized leader in providing proven, high-performance tactical computing, smart displays, AI-enabled processing, and integrated C4/C5/C6ISR solutions that reduce the cognitive burden on commanders and crews operating in complex security environments. The systems are designed to deliver real-time situational awareness and are scalable, platform agnostic, and support open architectures.

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.

For more information, visit: www.space42.ai; follow us on X: @space42ai 

About Leonardo DRS

Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing and delivering transformative defense technologies for U.S. and allied military customers. The company specializes in high-performance sensing, network computing, force protection, and electric power and propulsion solutions designed to address the most demanding mission requirements. For additional information, visit www.LeonardoDRS.com.

Legal Notice and Cautionary Statement regarding forward-looking information 

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements-identified by terms such as "expect," "will," or similar-are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction. 

MEDIA CONTACT  

Space42 Communications Team - media@space42.ai

Coalburn 1, a 500 MW, two-hour duration battery energy storage system in Scotland, is now the largest operational battery in Europe.

COPENHAGEN, Denmark, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), through its flagship fund Copenhagen Infrastructure IV (CI IV), is pleased to announce that Coalburn 1 has commenced commercial operations.

Coalburn 1 is a 500 MW, two-hour lithium-ion battery energy storage system (BESS) located in South Lanarkshire in southern Scotland. It will play an important role in strengthening the flexibility and resilience of the UK power system and supporting the continued integration of renewable energy generation.

Coalburn 1 is part of CIP's expanding portfolio of UK energy infrastructure investments. It is one of three transmission-connected BESS assets developed by CIP in Scotland. Together, Coalburn 1, Coalburn 2 and Devilla will provide 1.5 GW of power capacity and 3 GWh of energy storage, helping to enhance security of supply and enable greater deployment of renewable energy across the UK.

Nischal Agarwal, Partner at CIP, said: "The successful delivery of Coalburn 1 marks an important milestone for CIP and our growing European BESS portfolio. As Europe's largest operational battery energy storage system, Coalburn 1 will enhance the flexibility and resilience of the UK electricity system, support the integration of more renewable power, and contribute to lowering costs for consumers. Alongside Coalburn 2 and Devilla this project demonstrates CIP's industrial capabilities in developing, commercialising and delivering energy infrastructure at scale."

Notes to Editors

About Copenhagen Infrastructure Partners

Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) is a global fund manager and leading investor in energy infrastructure. CIP builds value that matters by developing and constructing critical infrastructure projects that shape the future of energy.

Through its funds, CIP invests in power generation (solar and wind), energy storage, transmission and distribution, advanced bioenergy, low-carbon fuels and carbon capture.

With 15 funds currently under management, CIP is trusted by over 200 of the world's largest and most sophisticated institutions, having raised EUR -43 billion to date. CIP has projects in more than 30 countries, with presence on the ground through a network of +2,300 professionals.

For more information, visit www.cip.com

Media Contact:

Email: media@cip.com

Experts say a self-contained, service-led residential format built for multigenerational ownership is emerging at the very top of the market - and that demand for it is rising worldwide.

SINGAPORE - Media OutReach Newswire - 13 August 2026 - Experts in premium residential real estate note that a distinct new category is forming at the top of the market, and that demand for it is rising around the world. Property market specialists describe the emerging tier as the presidence: a self-contained community of private residences bound together by shared infrastructure and anchored by a five-star hotel under an international brand - a format designed to be lived in and passed down across generations, rather than simply owned.

The trend reflects a structural shift in global wealth. According to Knight Frank's Wealth Report 2026, the number of individuals worth more than US$30 million climbed from 551,435 to 713,626 between 2021 and 2026 - a gain of more than 160,000, equivalent to 89 people crossing that threshold every day. Forbes, meanwhile, records 3,428 billionaires worth a combined US$20.1 trillion.

This wealth is also increasingly mobile. Henley & Partners projects that 165,000 high-net-worth individuals will relocate internationally in 2026 - a 16 per cent rise on the record 142,000 of 2025 - as affluent families build cross-border portfolios of homes and residence rights rather than tying themselves to a single jurisdiction. The appetite for professionally serviced, brand-anchored homes is visible in the development pipeline: Savills reports that the number of branded residential schemes worldwide grew 19 per cent in 2025, to around 910, and is on course to reach 1,747 by 2032, with the Middle East and North Africa the fastest-growing region over the past five years, at 187 per cent.

As the apex of the wealth pyramid rises, specialists say, demand at the very top is moving away from headline price-per-square-foot toward space, privacy, wellbeing, autonomy and a home that can be held and handed down across generations. The case for treating this as a distinct category was set out in a recent column by real estate adviser Ku Swee Yong, CEO of International Property Advisor Pte Ltd and an adjunct faculty member at Singapore Management University, where he teaches Real Estate Investments & Finance."Luxury residence has a new crown, and it has a name: presidence," he writes.

According to the expert, a property of this kind should meet several defining criteria: it should occupy an exceptional location among peer residences, be built to the highest standards of quality, provide space, a healthy natural environment, security and self-sufficiency, and create a place where owners and their families can live out every stage of life - building careers, raising children, enjoying leisure, prioritising health and wellbeing, welcoming family and friends, and ultimately passing the home down through generations. Privacy in this case does not mean isolation: rather than retreating behind their own gates, members of the presidence become part of a carefully formed community of peers, surrounded by people with comparable values, interests and ways of life.

These principles are, in practice, being formalised into a fuller set of criteria that distinguish a presidence from a conventional luxury development. At its most complete, the format is defined by:

A five-star hotel operated by an international brand present in at least three countries, located within the development;

A single estate of 200 hectares (around 500 acres) or more;

Full-spectrum infrastructure within one perimeter - indoor and outdoor sport, a central clubhouse, wellness, dining, parks and natural areas, a medical centre, recreation and security, plus a lifestyle anchor such as a golf, equestrian or yacht club;

A clear separation of public and private zones, with residences kept behind their own multi-layered security perimeter and isolated from guest-facing spaces such as the hotel, restaurants and spa;

A 24/7 premium service model featuring a dedicated resident care team, concierge services, standardised service-level agreements (SLAs), and a digital platform for managing every household and lifestyle need;

A unified architectural code governing the style and coherence of every building on the estate;

An equal-neighbour principle, under which a community of like-minded owners who can enjoy privacy while remaining part of an engaging social environment is formed.

Fully integrated examples remain rare worldwide, and demand, specialists say, is running ahead of supply as the number of ultra-wealthy households continues to grow.

Prosvet Communication Studio

Prosvet Communication Studio is a full-cycle communication studio working across PR and communications strategy, media relations and influence, personal branding, digital PR, events and production.

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

Hashtags: #property #realestate #residentialproperty #hnwi

Food & Drink is now the fastest-growing category among Airbnb Experiences in Indonesia by search demand, with Bali emerging as the top spot for culinary bookings.

BALI, INDONESIA - Media OutReach Newswire - 12 August 2026 - For many travelers, exploring local culinary traditions is the trip itself. New Airbnb data highlights the popularity of culinary Experiences across Indonesia, with both domestic and international travelers seeking out food-led activities for a more authentic taste of the culture.

Since its launch, Food & Drink has become Airbnb Experiences' third-most-popular category in Indonesia, behind only Nature & Outdoors and History & Culture[1]. Bali sits at the heart of this culinary interest, with over 90% of all culinary Experience bookings in Indonesia taking place on the island1.

Guest feedback backs this up. Indonesia's culinary Experiences carry a 4.94 average rating, with reviewers most often reaching for words like "authentic," "traditional," "hands-on," "local," and "family"[2].

The appetite extends beyond Experiences, too: searches for Airbnb homes with kitchen amenities in Indonesia are up over 20% year-on-year[3], suggesting that more guests are choosing stays where they can cook together and recreate the local flavours they discover during their trip.

Amanpreet Bajaj, Airbnb's Country Head for Southeast Asia & India, said, "Today's travelers are increasingly looking for experiences that help them connect more deeply with the places they visit, and food has become one of the most meaningful ways to do that. Whether it's shopping at a neighbourhood market, learning a family recipe, or cooking together in an Airbnb, these moments create lasting memories while supporting local communities. Through Airbnb Experiences, we're proud to help travelers discover Indonesia in a way that feels more personal, immersive, and connected to local culture."

To spotlight this growing appetite for culinary travel, Airbnb recently hosted a one-off Culture & Culinary Trail luncheon in Bali with renowned chefs Arnold and Reynold Poernomo - a chef-curated dining moment celebrating Bali's culinary heritage through local ingredients and stories. The luncheon offered a preview of what travelers can already find on Airbnb Experiences: intimate sessions on local food culture, interactive dining sessions, and meals hosted by local chefs in Bali and beyond.

Arnold Poernomo said, "As chefs, we've always believed that some of the most memorable travel memories happen around the dining table. Food has a unique way of bringing people together and telling the story of a place through its ingredients, traditions, and the people behind them. By hosting this luncheon with Airbnb, we wanted to celebrate Bali's rich culinary heritage and inspire travelers to look beyond the plate, to discover the culture, communities, and local stories."

For Reynold Poernomo, the most memorable travel experiences often begin with discovering the people behind the food.

"For the more adventurous, go to the markets, and you'll discover some unique produce that you'll most likely not find in any other part of the world. That's part of why we love what Airbnb Experiences does - it connects you directly with local hosts who can take you to those markets and show you ingredients you'd never find wandering on your own."

The Poernomo brothers recommend three Airbnb Experiences worth booking on a Bali trip:

A guided 15-course tasting menu at Room4Dessert - Join Chef Will Goldfarb, winner of the 2021 World's Best Pastry Chef award, on a five-stop journey from his kitchen and garden to a fireside dessert finale.

Organic Balinese farm cooking in Ubud - Explore organic farming practices, pick fresh ingredients and prepare Balinese dishes.

Track fireflies in Bali with a conservationist - Harvest herbs, cook a Balinese feast, and watch Indonesia's only firefly breeding lab light up the night with conservationist Wayan Wardika.

As travelers continue seeking slower, more meaningful ways to explore destinations, Airbnb Experiences inspire visitors to discover a different side of Bali - through the people, ingredients, and stories shared around the table.

Disclaimer: All Experiences referenced are intended purely to inspire and illustrate. Airbnb does not recommend or endorse specific listings on the Airbnb platform.

[1]Based on Airbnb internal data of Experience categories across Indonesia

[2] Based on Airbnb internal data reflecting Q1 2026 average star ratings and 5-star rates for culinary Experiences in Indonesia, as well as the highest-ranking review keywords mentioned for culinary Experiences in Bali

[3]Based on Airbnb internal data of the most searched amenities for listings in Indonesia, comparing February?March 2025 to February-March 2026

Airbnb

About Airbnb

Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5.5 million hosts who have welcomed 2.5 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way. https://news.airbnb.com

For more information, please contact:

Nicolette Koh, Airbnb - nicolette.koh@ext.airbnb.com

Maverick Indonesia - airbnb@maverick.co.id

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

Hashtags: #Airbnb #AirbnbExperiences #Travel #TravelTrends

https://www.airbnb.com/

https://www.instagram.com/airbnb/

BEIJING, CHINA - Media OutReach Newswire - 12 August 2026 - SOKOYO, a top manufacturer of solar street lights, has installed 252 sets of lighting units in QatarEnergy's solar power project in Ras Laffan and Masaieed in Qatar.

Installation of SOKOYO's split solar street lights for the project being built by Samsung C&T Corp. was completed in July. The arrangement of solar panels was customized at the customer's request for ease of maintenance.

"SOKOYO provided us with a specially customized solution for our power station," said Ms. Kathy, senior procurement manager for Samsung. "The entire solar street lighting system consistently met our expectations for brightness, battery life and overall reliability."

SOKOYO, founded in 2008, has manufactured more than 1 million lighting units installed in a wide range of settings across SoutheastAsia, Africa, the Middle East and Central Asia.

The company manufactures its own LED modules, solar panels, batteries, light housings and light poles. They have third-party certification for European Union and other safety and reliability standards, which qualifies them for export to global markets.

SOKOYO is regularly appointed to bodies that establish national and industry standards.

SOKOYO's product line includes all-in-one solar street lights, all-in-two solar street lights and split-type solar street lights. They can be controlled remotely with IoT technology to improve safety and efficiency. Using solar power makes them immune to disruptions in supplies of oil and gas.

As the industry evolves to focus on "system-level R&D," SOKOYO is reducing customer costs by enhancing reliability and resistance to heat and cold. To improve efficiency, it is developing smart lighting and IoT applications. It is promoting modular production, intelligent manufacturing and standardized process management.

The research team has seven engineers, some with more than two decades of industry experience. They develop technology for a wide range of environments and customer needs.

SOKOYO has experience in markets including Thailand, thePhilippines, Pakistan, Saudi Arabia and Nigeria. It has developed technology to cope with heat, humidity, sandstorms and low light during extended rains, a challenge in central Africa and other areas.

In Uganda, SOKOYO supplied 1,000 light sets to help improve safety on a busy expressway between the capital, Kampala, and the eastern industrial center of Jinja. They provide the first nighttime lighting on a 22-kilometer section of road crowded with trucks, buses and motorcycles.

In Yemen and the United Arab Emirates, SOKOYO lights use LED modules developed to cope with heat, sun and sand.

The company supplied more than 2,000 light units to Saudi Arabia's planned high-tech city of NEOM as part of the Saudi 2030 Vision plan.

Customers can use SOKOYO's test facilities to try out different light configurations. Lights can be tested on roads of up to four lanes in an1,100-square-meter darkroom. Designers and urban planners can ensure light is distributed effectively, eliminating dark areas on the road and improving safety.

Batteries are tested to confirm they resist crushing, heat and cold, vibration, overcharging or being dropped. LED modules are drenched in salt spray for up to 72 hours to make sure they resist corrosion.

SOKOYO has been chosen for bodies that formulated eight national and industry standards including the "General Technical Specification for Solar Photovoltaic Lighting Devices" in 2025 with definitions and standards for split-type and integrated solar devices.

SOKOYO products have third-party certification that they meet standards of the International Electrotechnical Commission (IEC) and other bodies.Its batteries meet the requirements of the CB scheme under the IEC, recognized in more than 50 countries. Tests confirm they withstand overcharging, high temperature, vibration, impact and short circuit.

The company's solar panels received IEC certification that they meet standards for electric shock protection, temperature changes, damp, heat, humidity, hail impact and other factors.

SOKOYO participates in efforts to improve the industry's reputation by promoting "zero false labeling" and reliable products that refuse to cut corners.

SOKOYO pays attention to the environment. Its products are designed to minimize light pollution and limit disruption for wildlife, stargazers and the public.

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

Hashtags: #SOKOYO

Pitch Notes:

Surging investment around the globe is transforming the risk profile of data centers from commercial real estate into critical infrastructure with the US and China accounting for more than 60% of global capacity additions through 2030.

Climate resilience is emerging as a major issue for data center construction as almost 80% of global capacity is located in areas with heightened natural catastrophe risks.

The global data center insurance market is expected to more than double in value to US$24bn by 2030, while losses from major fire and natural catastrophes can already run into hundreds of millions of dollars.

SINGAPORE - Media OutReach Newswire - 12 August 2026 - Artificial intelligence is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of data centers is also creating a new era of construction, operational, climate and insurance risks, according to the latest Allianz Commercial The data center construction boom: risks and claims trends report. Annual investment in data centers is projected to double from around US$500bn in 2024 to more than US$1trn as early as 2027. The investment opportunity extends far beyond server halls to electricity generation, grid infrastructure, cooling, networking, and semiconductors. According to Allianz Research, the US and China are expected to account for around 62% of new global capacity additions through 2030, but the next wave of investment is becoming increasingly global. In Europe, Germany, the UK and Ireland remain major markets, but faster expansion is expected in Spain, Finland and Denmark, where power availability and permitting conditions can be more favorable. Across Asia Pacific, excluding China, installed capacity is projected to increase from around 9GW today to more than 28GW by 2030, with Malaysia expected to grow more than tenfold.

"AI is turning the latest generation of data centers from a specialist real estate asset into mission-critical infrastructure," says Thomas Lillelund, CEO of Allianz Commercial. "The scale of investment is extraordinary and, as these centers evolve beyond traditional data storage to high-performance compute demands, success will increasingly depend on resilience: access to power, reliable supply chains, robust construction controls, as well as climate-aware site selection and insurance programs that reflect the true accumulation risk. Indeed, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects."

Resilience must be central to data center operations

The sector's biggest constraints are increasingly physical rather than financial. Competitive advantage is increasingly determined by access to electricity, grid connections, permitting, specialized equipment and skilled labor. In the US alone, the construction industry faces a shortage of around 439,000 skilled workers, while an estimated 349,000 additional workers may be needed in 2026. Climate resilience is increasingly a strategic consideration rather than an operational afterthought. Around 79% of global data center capacity is already located in areas exposed to heightened natural catastrophe risk, while 54% is exposed to chronic heat and drought stress. Some of the fastest-growing AI infrastructure markets are also among the most climate-exposed, including Northern Virginia, US, Johor in Malaysia, and Marseille, France. Acute flood, wildfire and wind exposure is highest in the Americas, affecting 86% of capacity, while chronic heat and drought stress is greatest in Asia Pacific, where 89% of capacity is exposed.

Global data center insurance market will more than double by 2030

Insurance is evolving alongside the sector. As data centers assume a more critical role in infrastructure, comprehensive insurance cover has become a prerequisite for financing many large-scale AI infrastructure projects. Construction costs for a single AI campus can exceed US$20bn, with insured values rising substantially once high-performance computing equipment is installed. The global data center insurance market is projected to grow from around US$11bn today to more than US$24bn by 2030, reflecting rapid capacity expansion, rising insured values and increasing operational complexity. Demand is expected to extend beyond traditional property cover towards integrated solutions spanning construction, engineering, property, business interruption, cyber and liability, while also creating new opportunities in areas such as energy resilience, operational continuity, and technology risk.

Risk and claims trends: fire drives severity; water damage frequency

Allianz Commercial analysis of insurance industry data center-related claims shows that fire is the leading driver of loss severity, accounting for well over 50% of around ?700mn (US$800mn) worth of losses. Natural catastrophe activity ranks second, followed by willful acts, which include crime and cyber incidents, followed by power failure. Water damage is the most frequent cause of data center claims, followed by willful acts, fire, and equipment breakdown. Business interruption is the primary driver of claims severity by line of insurance, highlighting the significant financial impact of operational downtime.

The data center risk profile is changing as facilities become larger, more complex, and more increasingly interdependent. Hyperscale and colocation of campuses can bring together multiple tenants, construction works, servers, supporting utilities and on-site infrastructure in one physical or operational space. A single event can therefore trigger claims across property, construction, business interruption, liability, cyber, and financial lines. Real-life claims case studies show that in hyperscale facilities, damage to external cooling systems, hot works-related fire damage, and a delay in start-up caused by power disturbances have each resulted in losses in the US$50mn to US$100mn range.

"For insurers, the key question is not only the value of the building, but the concentration of value and dependency inside and around it. Power, cooling, batteries, fiber routes, testing and commissioning, and business continuity planning are all part of the same risk picture. Effective risk mitigation must begin early and continue throughout the data center lifecycle. Resilience must be designed in from the earliest planning stage," explains Christian Kolbe, Global Head of Construction Claims at Allianz Commercial.

Clarity between policies essential to avoid ambiguity

Data center projects encompass different project phases with several stakeholders and interests involved, which can create complications. During the construction phase, stakeholders include the owner, developer, contractor, and subcontractors, whereas in the operational phase, the stakeholders include the owner-operator, and potentially multiple tenants or end users. For example, different policies could respond to a hot works-related fire resulting in damage to a data center nearing completion, and this would impact different stakeholders.

"Clarity is critical with an insurance claim," says Charlotte Field, Regional Head of Short-tail Claims, Asia, at Allianz Commercial. "Clearly documented handovers are essential between your construction all-risk policy and operational policy. There must be no ambiguity about practical completion, in order to avoid disputes over which policy responds to a particular event and the extent of cover."

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world's largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, financial strength, and network of the world's #1 insurance brand, we work together to help our customers prepare for what's ahead: They trust us in providing a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2025, the integrated business of Allianz Commercial generated around ?17.3 billion in gross premium globally. https://commercial.allianz.com/

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

Hashtags: #AllianzCommercial

https://commercial.allianz.com/

https://www.linkedin.com/company/allianz-commercial/

SYDNEY, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Sepuluh trader Pro M yang diberi modal sebesar US$1 juta oleh Axi Select berkumpul di Madrid pada bulan Juli lalu untuk mengikuti acara eksklusif yang memadukan pencapaian, pendampingan, dan dialog bermakna dengan jajaran pimpinan eksekutif Axi.

Setelah mencapai tingkatan bergengsi Pro M (level tertinggi dalam program alokasi modal Axi Select), para trader tersebut datang dari berbagai penjuru dunia untuk menghadiri acara eksklusif khusus undangan. Acara ini diselenggarakan untuk mengapresiasi kesuksesan mereka sekaligus mempererat hubungan antara Axi dan talenta trading berkinerja terbaiknya.

Berbeda dari konferensi atau seremoni penghargaan pada umumnya, pertemuan di Madrid ini berfokus dalam membangun hubungan yang tulus. Agenda utama dalam program ini adalah sesi diskusi informal dalam suasana akrab bersama CEO Axi, Rajesh Yohannan, dan COO, Gavin Ward. Melalui sesi tersebut, para trader berkesempatan membahas perjalanan pribadi mereka, realitas pengelolaan modal yang didanai, serta tuntutan dunia trading modern yang terus berkembang.

Diskusi tersebut membahas berbagai topik termasuk strategi pasar. Peserta berbagi pengalaman tentang perbedaan psikologis antara trading dengan modal yang dialokasikan dan trading dengan menggunakan dana pribadi, pentingnya disiplin untuk menjaga konsistensi keuntungan, serta berbagai pelajaran yang diperoleh selama mengikuti tahapan pendanaan Axi Select. Percakapan tersebut berkembang menjadi pertukaran ide yang nyata. Jajaran pimpinan Axi juga menyimak langsung pandangan para trader yang turut membentuk masa depan trading dengan modal yang diberikan perusahaan penyedia dana.

Sepanjang acara, sesi formal dipadukan dengan berbagai kesempatan untuk berbincang dalam suasana yang lebih santai, termasuk makan bersama, diskusi individual, dan kegiatan sosial. Berbagai kegiatan tersebut memberi ruang bagi trader dan pimpinan eksekutif untuk membangun hubungan di luar sesi presentasi dan ruang pertemuan.

Rajesh Yohannan, Chief Executive Officer di Axi mengatakan:

"Berinteraksi langsung dengan para trader Pro M di Madrid mengingatkan saya bahwa di balik setiap pencapaian dalam tahapan pendanaan terdapat individu yang telah menjalani proses selama bertahun-tahun dengan penuh disiplin, berbekal keyakinan diri yang kuat. Axi Select hadir untuk mendukung talenta seperti mereka, dan acara seperti ini membantu kami tetap dekat dengan orang-orang yang menjadi alasan program ini dibuat."

Peserta Acara di Madrid dari Kelompok Trader Pro M

Sook Yen

Francisco

Alejandro

Yoleny G

Ramon

Jaime

Sergio

Tomas

Daniel

Vincente

Dengan terus berkembangnya Axi Select di tingkat global, inisiatif seperti pertemuan di Madrid ini menunjukkan komitmen perusahaan untuk mengapresiasi keunggulan, menciptakan peluang kolaborasi yang bermakna, serta menempatkan trader sebagai inti dalam setiap pembahasan.

Tentang Axi 

Axi merupakan penyedia layanan trading online global yang menawarkan akses ke valas, indeks, komoditas, dan aset digital bagi klien di lebih dari 100 negara. Perusahaan memadukan teknologi trading, edukasi, dan berbagai inisiatif kemitraan untuk mendukung pengembangan trader di seluruh dunia.

Pertanyaan media: mediaenquiries@axi.com

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ST. PAUL, Minnesota, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Egg Medical mengumumkan bahwa Rampart IC, LLC ("Rampart") telah mencabut bandingnya atas keputusan pemeriksaan ulang USPTO yang menyatakan bahwa klaim-klaim dalam Paten AS No. 11, 660,056 milik Rampart, sebagaimana awalnya diberikan, tidak sah.

Pembatalan oleh USPTO tersebut didasarkan pada alasan bahwa invensi dalam Paten '056 yang telah diterbitkan sebelumnya sebenarnya telah lebih dahulu ditemukan oleh pihak lain, atau hanya merupakan variasi yang jelas dari karya pihak lain, termasuk Egg Medical.

Klaim-klaim yang kemungkinan tetap berlaku setelah pemeriksaan ulang merupakan hasil dari pembatasan signifikan yang diterapkan Rampart terhadap klaim-klaim yang diterbitkan sebelumnya sehingga mempersempit cakupan Paten '056.

Pemeriksaan ulang terhadap Paten '056 diajukan oleh Egg Medical setelah Rampart menggugat Egg Medical di Pengadilan Distrik AS atas pelanggaran terhadap Paten '056 dalam bentuk aslinya. Egg Medical tidak pernah sengaja memicu perselisihan dengan Rampart. Namun, karena tindakan Rampart tersebut, Egg Medical telah memberikan pemberitahuan bahwa pihaknya memiliki paten yang lebih dahulu dan mendesak Rampart untuk menghentikan segala kegiatan yang melanggar paten milik Egg Medical.

Chief Executive Officer Egg Medical, Robert Wilson, berkomentar, "Melindungi hak sebagai penemu merupakan hal yang penting. Kami berterima kasih kepada Kantor Paten atas pemeriksaan ulang yang menyeluruh terhadap paten Rampart. Pembatalan klaim-klaim yang awalnya dikabulkan dalam Paten '056 serta kemungkinan diterbitkannya klaim dengan cakupan lebih sempit dan tidak mencakup lini produk kami semakin memperkuat integritas sistem paten AS."

Gavin Philips, Chief Commercial Officer Egg Medical, menambahkan, "Egg Medical akan terus berinvestasi pada hal-hal yang benar-benar penting bagi pelanggan kami, yaitu teknologi yang telah mendefinisikan kategori Perangkat Perlindungan Radiasi yang Ditingkatkan: perlindungan seluruh ruangan melalui reduksi radiasi hambur yang melindungi seluruh tim prosedural, tanpa perlu pekerjaan konstruksi, tanpa perangkat beroda yang memicu risiko tersandung, serta tanpa mengganggu alur kerja."

Tentang Egg Medical

Egg Medical merupakan perusahaan terkemuka di bidang perlindungan radiasi global, yang didirikan dengan tujuan mereduksi paparan radiasi pada tenaga kesehatan yang menggunakan pencitraan sinar-X untuk menjalankan prosedur diagnostik dan terapeutik guna menyelamatkan nyawa pasien.

Kontak Media:

Susan Storm, sstorm@eggmedical.com

JAKARTA, INDONESIA - Media OutReach Newswire - 11 August 2026 - Green SM has officially launched the "Green SM Is Listening" program across Indonesia as part of its ongoing commitment to enhancing service quality and delivering an even better customer experience.

Through the program, Green SM aims to establish a new benchmark for ride-hailing service standards, with a focus on greater transparency, consistency, and reliability across Indonesia.

Starting August 2026, the "Green SM Is Listening" program will be rolled out nationwide, further reinforcing the role of customers in shaping and raising service standards in line with Green SM's previously announced "5 Green Promises" service commitment.

Through the program, customers are invited to submit feedback, report unsatisfactory experiences, or share suggestions for improvement via Green SM's official email address at listening.id@greensm.com. To support the verification process, customers are encouraged to include relevant photos or supporting documents where applicable. Feedback may cover every stage of the service experience, including pick-up and drop-off, vehicle condition, safety, and driver conduct.

Green SM's dedicated team will review, verify, classify, and respond to all submissions as quickly as possible. Every case will be assessed based on available data, supporting materials, and relevant evidence to help the company continuously improve its service quality and customer experience.

Customers whose verified feedback contributes to improving service quality will be eligible to receive appreciation rewards ranging from IDR 300,000 to IDR 5,000,000. Any additional recognition will be provided at Green SM's discretion and in accordance with its applicable policies. Alongside the launch of the customer feedback program, Green SM has also updated its Driver Code of Conduct, incorporated into its partnership agreements with driver-partners, reflecting shared standards for professionalism and behavior to support consistent service quality across the network.

Through this pioneering initiative, coupled with meaningful appreciation rewards, Green SM aims to encourage customers to actively contribute to the continuous improvement of its services. The program reflects not only the company's customer-first mindset and willingness to listen, but also its commitment to continuously strengthening service standard in line with its partnership agreement, raise service standards across the industry, and foster the continued development of the entire GSM ecosystem.

Deny Tjia, Managing Director of Green SM Indonesia, said: "We believe that how a company responds when a customer's experience falls short of expectations is one of the fastest and most effective ways to build trust. Through the 'Green SM Is Listening' program, we are turning customer feedback into opportunities to further enhance our service standards while promoting a transparent and fair process. This initiative reflects our long-term commitment to building a safe, reliable, and responsible mobility service in Indonesia."

Nearly two years after entering the Indonesian market, Green SM has expanded its presence to five major cities, including Jakarta, Bali, Surabaya, Makassar, and Bandar Lampung, steadily building an integrated all-electric mobility network across key urban centers. Today, Green SM serves millions of all-electric trips each day, not only meeting growing mobility demand but also contributing to higher service standards across the market, creating a positive impact on urban transportation while accelerating Indonesia's green transition.

Green SM welcomes and is committed to receiving all customer feedbacks, with appreciation gifts offered for contributions related to:

Service quality issues and driver professionalism, including inappropriate communication, uniform violations, passenger pick-up and drop-off issues, vehicle condition, and assistance in the event of incidents;

Incorrect fare calculation and payment issues, including unauthorized charges, incorrect toll fees or other additional charges, and requests for cash payments or tips;

Safety and integrity issues, including harassment, threats, the use of alcohol or prohibited substances, fraud, and theft;

Failure to safeguard customer privacy and property, including unauthorized recording, dissemination of images, or misappropriation of customer property;

Application and system issues, as well as suggestions for improving service quality.

With a commitment to reviewing all feedback and reports through a transparent and objective process that respects the rights and interests of all parties, Green SM will provide an initial response within two hours of receiving customer feedback.

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

Hashtags: #GreenSM