Month: February 2026

Reusable, recyclable, and compostable products will be available through UK-based Vegware, a sister company of Eco-Products

EDINBURGH, Scotland, Feb. 2, 2026 /PRNewswire/ — Eco-Products^®, a certified B Corp and leader in environmentally responsible foodservice packaging, is officially launching in the U.K. The Eco-Products portfolio of reusable, recyclable and compostable packaging will be available through UK-based Vegware, a sister company.

For more than 30 years, Eco-Products has been redefining what is possible in foodservice packaging in the U.S. From stadiums and universities to cafés and caterers, the company partners with organisations to deliver practical packaging solutions and support waste diversion goals.

Eco-Products has been active in Europe since 2017, building a strong customer base across the EU with a growing portfolio of compostable, recyclable, and reusable packaging. The U.K. launch marks the next step in expanding access to this proven range, supported by local expertise and service through Vegware.

“We’re excited to officially launch Eco-Products in the U.K.,” said Wendell Simonson, General Manager of Eco-Products. “As in the U.S., demand continues to grow for products and services designed to help the foodservice industry meet its sustainability goals. Working closely with the Vegware team to support customers in their home market is something we’re really looking forward to.”

“We’re seeing strong customer interest in reusable and recyclable options alongside compostables,” said Helen Mathieson, Managing Director at Vegware. “Partnering with Eco-Products allows to offer proven designs, reliable performance, and a joined-up approach to packaging that fits the realities today’s foodservice operations.”

The Eco-Products U.K. portfolio includes:

• Reusables, including the new Veda™ collection — durable, high-performance products designed for closed-loop reuse systems.
• Recyclable products, such as hot and cold cups compatible with U.K. recycling streams.
• Compostable packaging designed for industrial composting.

Together, these products offer U.K. operators practical, high-impact solutions for managing packaging responsibly across every service model, from on-the-go to dine-in.

Through this partnership, U.K. customers gain access to a broader range of high-performance packaging, supported by Vegware’s local expertise and customer support.

As a Certified B Corporation, Eco-Products meets the highest verified standards of social and environmental performance, transparency, and accountability.

ABOUT ECO-PRODUCTS, PBC
Eco-Products^®, a Novolex^® brand and certified B Corp, is a leading provider of foodservice packaging made from renewable, recycled, and reusable materials. Eco-Products offers packaging with real environmental benefits, works with customers to improve composting and recycling, and collaborates with the broader industry to shift how businesses and consumers think about and manage waste. Visit www.ecoproducts.com for more information. 

ABOUT VEGWARE
Vegware, a Novolex brand, is a trusted brand of compostable foodservice packaging, made from renewable and recyclable plant-based materials. Our products are designed for industrial composting alongside food waste, supported by our award-winning environmental consultancy, which helps businesses successfully compost their Vegware packaging. For more information, visit www.vegware.com.

NOTES TO EDITORS:
Find the press kit here containing free to use images.
Press Contact:
Kelly Falconer
+44 7543 222742
Head of Marketing, Eco-Products UK (via Vegware)
408480@email4pr.com 

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SOURCE Eco-Products

PowerBank Secures Mini-Perm Financing Following Successful Commissioning of Community Solar Asset

TORONTO, Feb. 2, 2026 /PRNewswire/ – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) (“PowerBank” or the “Company“), a leader in North American energy infrastructure development and asset ownership, is pleased to announce that is has received $920,00 USD from the closing of the term conversion of the construction loan for the Geddes Project (the “Project”) in upstate New York. The loan was initially announced by PowerBank on June 24, 2024.

PowerBank entered into a loan agreement with Seminole Financial Services, LLC (“Seminole”) for an initial $2,600,000 USD construction to mini-perm loan (the “Loan“) which was used to complete construction of the Geddes Project located in Upstate, New York. This funding structure enables PowerBank to efficiently transition from construction financing to long-term debt to support operations .

Seminole Financial Services was founded with the goal of financing Renewable Energy and Real Estate projects across the United States. To date, Seminole has directly funded over US$3.5 Billion in capital for Renewable Energy projects, demonstrating their strong commitment to the clean energy transition. Their expertise in renewable energy financing has made them a trusted partner for developers seeking to scale sustainable infrastructure projects.

Under the terms of the Loan, upon the substantial completion of the Project receiving permission to operate, the loan was eligible to be converted into a mini-perm loan subject to the satisfaction of certain customary conditions. The Geddes Project was announced to be fully operational on July 25, 2025 and the conversion to a mini-perm loan has now been completed. As a result of conversion, the principal amount of the Loan is $1,695,000 USD and it has a maturity date of January 20, 2032.

The Geddes Project is now operating as a community solar project. Community solar is a group of solar panels with access to the local electricity grid. Once the panels are turned on and generating electricity, clean energy from the site feeds into the local power grid. Depending on the size and number of panels the project has, dozens or even hundreds of renters and homeowners can save money from the electricity that is generated by the project. By subscribing to a project, a homeowner earns credits on their electric bill every month from their portion of the solar that’s generated by the project, accessing the benefits of solar without installing panels on their home.

There are several risks associated with the operation of the Project and the Loan. If the Company defaults under the terms of the agreement for the Loan, the lender may declare the Loan repayable in full and if the Company is unable to repay, the lender may realize on its security and enforce the guarantee against the Company. Please refer to “Forward-Looking Statements” for additional discussion of the assumptions and risk factors associated with the statements in this press release.

About PowerBank Corporation

PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built.

To learn more about PowerBank, please visit www.powerbankcorp.com.

About Seminole Financial Services

Seminole Financial Services, LLC is a specialized renewable energy investment firm providing comprehensive financing solutions for distributed generation and mid-scale solar, wind, and battery storage projects. The company focuses on market segments often underserved by large financial institutions, offering tailored financing solutions designed to support successful project development and long-term deployment. Since 2009, Seminole has provided over $3.5 billion in financing across more than 2+ GW of renewable energy projects, underscoring its commitment to advancing clean energy infrastructure nationwide. Seminole Financial Services, LLC is the operating entity for the six companies that, collectively, comprise The Seminole Companies. For more information, visit www.seminolefs.com or contact Chris Diaz, Co-CEO, at 727-460-0578.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding industry trends and overall market growth; the expectations regarding the power produced from the Project and its operation; the repayment of the Loan; and the size of the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar Project exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

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SOURCE PowerBank Corporation

BOISE, Idaho, Feb. 2, 2026 /PRNewswire/ — Inspire Advisors announced today that veteran financial advisor Ted DeLisi has joined the firm, bringing with him decades of experience, a deeply rooted faith, and a commitment to serving clients with integrity and purpose.

DeLisi, who has been in the financial services industry since 2018, said the decision to transition with his team and $90 million AUM at this stage of his career followed a season of prayer, reflection, and thoughtful consideration about the legacy he hopes to leave.

“My faith in Jesus Christ has always guided my life, and I felt a growing conviction that it should be more fully integrated into my professional work. I don’t view this business as mine, but as something I’ve been entrusted to steward on God’s behalf,” DeLisi shared.

While a move at “60 years young,” as DeLisi describes it, was not a decision he took lightly, he said the alignment he found with Inspire Advisors brought clarity and peace.

“In thinking about the long-term future of my practice, it was important to me that it ultimately be entrusted to people who share the same faith and values,” he said. “Aligning with Inspire Advisors gives me confidence that we are building a legacy that will attract like-minded, Godly people who will continue to honor that calling.”

Beyond compensation or platform considerations, DeLisi emphasized that culture was the most important factor in his evaluation of firms. “I wanted to be part of a firm where integrity, service, and faith are genuinely lived out,” he said.

What ultimately confirmed Inspire Advisors as the right long-term home was witnessing the firm’s values in action.

“Seeing that Inspire’s values are not just words made all the difference,” DeLisi said. “From leadership to daily interactions, there is a genuine commitment to faith, integrity, and service. Visiting their headquarters and seeing meetings begin with prayer was a defining moment—it confirmed this is a place where my staff and I can grow, serve clients well, and build our practice in an environment rooted in faith.”

DeLisi noted that the transition will allow him to better serve clients both professionally and personally. “Professionally, this expands the solutions and guidance we can provide,” he said. “Personally, it brings a deep sense of peace and fulfillment, knowing my work is aligned with my faith and that I am serving both my clients and God with integrity.”

When asked what advice he would give to other advisors feeling tension between their convictions and their firm’s direction, DeLisi encouraged them to listen carefully.

“That tension is often a signal worth paying attention to,” he said. “Making a move requires courage and sometimes sacrifice, but aligning your work with your convictions brings peace, clarity, and renewed purpose. For me, stepping into that alignment has allowed me to better serve my clients and follow God’s calling.”

“Ted and his team are a tremendous addition, and we’re excited to walk alongside them in this next chapter,” said Aaron Moon, President of Inspire Advisors. “We’re having an increasing number of conversations with advisors who are asking deeper questions about faith, legacy, and alignment. We believe this is a trend and that more advisors will seek out firms that allow them to fully integrate their faith with their practice.”

About Inspire Advisors

Inspire Advisors is the wealth management division of the Inspire family of companies. Built to equip Christian financial advisors to serve clients with excellence while aligning investments with biblical values, Inspire Advisors provides cutting-edge technology, training, and community support to help advisors integrate faith and finance. Learn more at www.inspireadvisors.com.

Important Disclosures

Advisory services are offered through Inspire Investing, LLC, a Registered Investment Adviser with the SEC. All expressions of opinion are subject to change without notice and are provided for informational purposes only. Nothing in this article should be construed as an offer, solicitation, recommendation, or endorsement of any particular security, strategy, or investment product.

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SOURCE Inspire Advisors

BOISE, Idaho, Feb. 2, 2026 /PRNewswire/ — Inspire Advisors announced today that veteran financial advisor Ted DeLisi has joined the firm, bringing with him decades of experience, a deeply rooted faith, and a commitment to serving clients with integrity and purpose.

DeLisi, who has been in the financial services industry since 2018, said the decision to transition with his team and $90 million AUM at this stage of his career followed a season of prayer, reflection, and thoughtful consideration about the legacy he hopes to leave.

“My faith in Jesus Christ has always guided my life, and I felt a growing conviction that it should be more fully integrated into my professional work. I don’t view this business as mine, but as something I’ve been entrusted to steward on God’s behalf,” DeLisi shared.

While a move at “60 years young,” as DeLisi describes it, was not a decision he took lightly, he said the alignment he found with Inspire Advisors brought clarity and peace.

“In thinking about the long-term future of my practice, it was important to me that it ultimately be entrusted to people who share the same faith and values,” he said. “Aligning with Inspire Advisors gives me confidence that we are building a legacy that will attract like-minded, Godly people who will continue to honor that calling.”

Beyond compensation or platform considerations, DeLisi emphasized that culture was the most important factor in his evaluation of firms. “I wanted to be part of a firm where integrity, service, and faith are genuinely lived out,” he said.

What ultimately confirmed Inspire Advisors as the right long-term home was witnessing the firm’s values in action.

“Seeing that Inspire’s values are not just words made all the difference,” DeLisi said. “From leadership to daily interactions, there is a genuine commitment to faith, integrity, and service. Visiting their headquarters and seeing meetings begin with prayer was a defining moment—it confirmed this is a place where my staff and I can grow, serve clients well, and build our practice in an environment rooted in faith.”

DeLisi noted that the transition will allow him to better serve clients both professionally and personally. “Professionally, this expands the solutions and guidance we can provide,” he said. “Personally, it brings a deep sense of peace and fulfillment, knowing my work is aligned with my faith and that I am serving both my clients and God with integrity.”

When asked what advice he would give to other advisors feeling tension between their convictions and their firm’s direction, DeLisi encouraged them to listen carefully.

“That tension is often a signal worth paying attention to,” he said. “Making a move requires courage and sometimes sacrifice, but aligning your work with your convictions brings peace, clarity, and renewed purpose. For me, stepping into that alignment has allowed me to better serve my clients and follow God’s calling.”

“Ted and his team are a tremendous addition, and we’re excited to walk alongside them in this next chapter,” said Aaron Moon, President of Inspire Advisors. “We’re having an increasing number of conversations with advisors who are asking deeper questions about faith, legacy, and alignment. We believe this is a trend and that more advisors will seek out firms that allow them to fully integrate their faith with their practice.”

About Inspire Advisors

Inspire Advisors is the wealth management division of the Inspire family of companies. Built to equip Christian financial advisors to serve clients with excellence while aligning investments with biblical values, Inspire Advisors provides cutting-edge technology, training, and community support to help advisors integrate faith and finance. Learn more at www.inspireadvisors.com.

Important Disclosures

Advisory services are offered through Inspire Investing, LLC, a Registered Investment Adviser with the SEC. All expressions of opinion are subject to change without notice and are provided for informational purposes only. Nothing in this article should be construed as an offer, solicitation, recommendation, or endorsement of any particular security, strategy, or investment product.

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SOURCE Inspire Advisors

SION, Switzerland, Feb. 2, 2026 /PRNewswire/ — Electric aviation has faced a single, unresolved bottleneck: proving to regulators that high-energy propulsion batteries can safely contain worst-case failures.

H55 today announces that it has completed the industry’s first regulator-required and authority-witnessed propulsion battery module certification test sequence — addressing a critical gating factor that has constrained the commercialisation and financing of electric aircraft programs.

Completed on December 19, 2025, the EASA-supervised campaign places H55 at the forefront of efforts to establish certification-grade, aviation-safe propulsion battery systems, setting the standards against which future programs will be assessed. The campaign provides certification-level evidence that commercial lithium battery cells can be integrated into aviation propulsion battery systems capable of safely containing worst-case failure scenarios, especially fire propagation.

From Validation to Scalable Certification

This milestone goes beyond documenting or promising safety performance. It confirms H55’s ability to engineer and manufacture propulsion battery systems developed to certification standards on regulatory-approved manufacturing lines and supply chains.

The test campaign was conducted in a certified production facility using serial-conforming hardware (not prototypes) manufactured through validated processes. It confirms H55’s ability to engineer and manufacture propulsion battery systems built to certification standards on regulatory-approved manufacturing lines and supply chains.

H55’s unique, patented Energy Storage System design embeds monitoring, redundancy, and hazard mitigation at the cell level as foundational principles, ensuring containment of extreme failure conditions consistent with aviation safety requirements.

This approach establishes a repeatable certification pathway for H55’s battery technology, rather than advancing a single aircraft programme. By defining a certification-grade battery module reference framework, H55 materially reduces adoption risk for aircraft manufacturers, operators, insurers, and investors by enabling actuarial risk assessment based on authority-validated failure data rather than programme-specific assumptions. With certification evidence able to compound across a wide range of aircraft platforms, capital, engineering resources, and industrial capacity can expand without proportional increases in programme-level uncertainty.

The system foundations established through H55’s first conforming propulsion battery system now support accelerated development and regulatory progress for both fully electric and hybrid-electric aircraft. The data, infrastructure, and certification-standard evidence produced through this campaign underpin multiple ongoing customer programmes, including the BRM B23 Energic, CAE’s transition toward all-electric pilot training platforms, and the hybrid-electric Dash 8 demonstration programme with Pratt & Whitney Canada.

With more than 20 years of electric aviation experience, six electric aircraft designed, built, and flown, and over 2,000 fully electric flight hours accumulated with zero battery-related incidents, H55 brings the operational depth required to execute certification-grade programmes — not merely comply with them.

André Borschberg, Executive Chairman and Co-Founder of H55, said:

“H55 was created with a single objective: to make electric aviation certifiable, not just possible. From the outset, that meant designing systems around aviation safety standards and preventing failure while optimising performance.

This milestone validates that choice. Electric aviation can be engineered to meet the same certification discipline and safety expectations as conventional aircraft. At H55, disciplined, focused ambition is what translates certification into real market adoption and scalable commercial impact.”

Rob Solomon, Chief Executive Officer of H55, added:

“This achievement marks a structural inflection point for electric aviation. By completing the first

EASA-agreed battery module test campaign, H55 has addressed the most critical technical bottleneck on the certification path, materially reducing risk for aircraft manufacturers, operators, insurers, and investors.

By providing monitoring, active and passive protections of every individual cell, H55 transforms the propulsion battery from a ‘black box’ of latent risk into an actuarially transparent asset, establishing cell-level monitoring as the non-negotiable threshold for both regulatory type certification and fleet insurability. What’s most exciting, is the engine-like business model this enables for H55.

In parallel, through a joint multi-authority Certification Management Team, EASA and the U.S. Federal Aviation Administration (FAA) have committed to mutual recognition of agreed means of compliance for ongoing programs. Test results will be transferred to the FAA, providing a basis for supporting and accelerating H55’s U.S. certification activities and market presence.”

Sébastien Aymon-Demont, Co-Founder and Chief Technology Officer of H55, commented on battery module architecture and the cell level approach

“By designing protection, monitoring, and mitigation directly at cell level, rather than relying on pack-level assumptions, we have built a fundamentally different Energy Storage System. This cell-level architecture not only enables effective protection at the point of origin, but also allows us to optimise battery efficiency, performance, and long-term reliability — all of which are essential for certifiable electric aviation.”

About the Test Campaign

To execute this campaign, H55 produced more than 100 test articles drawn from its approved and audited product configuration. The six-month effort covered environmental, safety, functional, and performance conditions under worst-case failure modes, including authority-witnessed thermal runaway tests without propagation. Collectively, these results confirm readiness for certification and industrial deployment, including:

• Completion of the certification campaign for propulsion battery modules
• Confirmation that H55 remains the only organisation holding both EASA Design Organisation Approval (DOA) and Production Organisation Approval (POA) for electric propulsion systems
• Production of series-manufacturing-conforming propulsion battery modules
• Completion of the first EASA-validated cell characterisation campaign for certified propulsion battery systems
• The safety demonstrated during testing completed in December 2025 is now being documented into final test reports, which H55 is submitting to EASA for formal acceptance in Q1 2026

Clearing the Certification Bottleneck to Enable Scalable Commercialisation

Electric aviation scales on certification. By completing this regulator-approved propulsion battery module test campaign, H55 has materially reduced the primary constraint that determines which electric aviation technologies can commercialise. Formal demonstration of containment under worst-case failure scenarios materially reduces regulatory and insurance exposure, unlocking repeatable, certifiable deployment across aircraft programs while ensuring aircraft-level safety.

With this achievement, H55 is transitioning from validation to scale. A single, certifiable Energy Storage System architecture can now be deployed across multiple platforms, allowing certification evidence to compound as revenue potential expands without proportional increases in development cost, supporting repeatable deployment across fleets and aircraft lifecycles rather than one-off programme deliveries. With propulsion battery-module certification risk now addressed, electric aviation moves from speculative development to a certifiable industrial category — reshaping how programs are evaluated, financed, and insured.

About H55

H55 is a Swiss-based company specialising in certified electric propulsion and certification-grade energy storage systems for aviation. The company enables electric aviation to scale by transforming commercial lithium cells into aviation-safe Energy Storage Systems that regulators approve, insurers underwrite, and OEMs can deploy repeatedly as a certified propulsion platform across aircraft programs. This is achieved through independent cell characterisation, rigorous incoming screening, redundant safety architectures, and regulator-aligned testing designed around worst-case failure scenarios.

Founded as the technological legacy of the Solar Impulse program, H55 builds on more than two decades of hands-on electric aviation experience. The company has designed, built, and flown multiple electric aircraft and accumulated more than 2,000 hours of fully electric flight with zero battery-related incidents—providing the operational depth required to execute certification-grade programs, not merely comply with them.

To support its next phase of industrialisation and international growth, H55 has strengthened its executive leadership team. Rob Solomon, Chief Executive Officer, brings experience in scaling technology-driven platforms and is leading H55’s expansion in the United States. Walt Lifsey,

Chief Operating Officer, brings deep experience building and scaling technology companies at the operational level and oversees industrial operations, certification execution, and production readiness, ensuring a reliable transition from certified design to repeatable, series manufacturing.

H55’s leadership structure supports a platform-based approach, allowing certification evidence to compound across programmes, reducing adoption risk, and supporting capital-efficient deployment of electric and hybrid-electric aircraft.

Media Contact

Axelle Krummenacher
+41 79 464 22 60
press@h55.ch www.h55.ch
H55 SA
Route de l’Aéroport 10 1950 Sion
Switzerland

Annex — Technical Fact Sheet

Certification-Grade Battery Module Safety Test Campaign

Since 2017, H55 has maintained continuous engagement with global regulatory authorities to establish a certification-grade framework for propulsion batteries. Through this sustained interaction, H55 has developed an evidence-based, regulator-aligned understanding of propulsion battery failure behaviour, grounded in systematic risk evaluation across the full operational lifecycle.

This understanding was developed through the design, construction, and flight operation of fully electric aircraft, supported by extensive development and certification test activities. Rather than adapting assumptions from adjacent industries, H55 deliberately built its own engineering capability, production systems, and test infrastructure, enabling direct, regulator-approved demonstration of compliance.

Regulatory Foundations

H55 holds Design Organisation Approval (DOA), confirming the organisational competence, qualified personnel, and technical capability required to certify electric propulsion systems.

H55 also holds Production Organisation Approval (POA), validating robust production and quality systems capable of manufacturing fully conforming aerospace products.

Battery Cell Characterisation and Risk Definition

H55 has invested substantial resources in battery cell characterisation, generating proprietary datasets that enable aerospace-grade cell qualification, validation of all plausible failure modes, and definition of worst-case scenarios formally accepted by authorities.

Summary of Key Outcomes

• Confirmation that certification-grade lithium propulsion battery systems for aviation are achievable today
• Formal demonstration of containment of worst-case battery failure scenarios, including thermal runaway
• Resolution of the primary technical uncertainty at the battery-module certification level
• Establishment of an authority-accepted means of compliance applicable across multiple aircraft programs
• Validation of a multi-layer propulsion battery safety architecture

With battery-module certification risk now addressed, electric aviation transitions from experimentation to scalable, certifiable commercial deployment.

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SOURCE H55

HUARAZ, Peru, Feb. 1, 2026 /PRNewswire/ — On January 20, a launch event for the newly completed broadband network was held in Peru’s Ancash region, marking the project’s completion and entry into operation. The national broadband project, undertaken by Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), is set to significantly enhance local digital infrastructure, bridge connectivity gaps, and support economic and social development.

Senior government officials, including Raúl García, Vice Minister of Transport and Communications of Peru, and Angelly Epifania, Vice Governor of the Ancash region, attended the ceremony alongside representatives from YOFC’s Peru operations, local community members, and the project team. Together, they celebrated the completion of a major national connectivity initiative that is expected to deliver tangible benefits to local communities.

Six years ago, Raúl García, then representing the Peruvian government, signed a project agreement with YOFC at the Government Palace. After six years of implementation, YOFC has delivered a large-scale national broadband network, drawing on its technical expertise and proven delivery capabilities. The project underscores YOFC’s commitment to fulfilling contractual obligations and achieving sustainable outcomes.

As a key component of Peru’s digital infrastructure upgrade, the network spans four regions, connecting over 1,600 towns and more than one million people while reducing regional disparities in broadband access. To date, more than 9,000 kilometers of optical cable have been deployed and over 1,500 sites constructed, providing internet access to more than 4,000 public institutions—including schools, hospitals, police stations, and central plazas—and making high-quality digital services readily available to local communities.

The project also created substantial employment opportunities during construction, generating more than 5,000 jobs. By fostering knowledge sharing, technology transfer, and collaboration with local partners, it has supported the growth of related local industries.

As a global provider of optical communications solutions, YOFC’s successful delivery of this project demonstrates its ability to execute complex international infrastructure projects and provide end-to-end solutions.

Looking ahead, YOFC will continue to deepen its global partnerships, maintaining a strong focus on building digital infrastructure worldwide. Leveraging its technological and industrial expertise, the company aims to expand fibre connectivity across global markets, help more countries and regions overcome digital infrastructure constraints, and contribute to a more inclusive, sustainable digital ecosystem while advancing global connectivity.

View original content to download multimedia:https://www.prnewswire.com/news-releases/yofc-completes-peru-national-broadband-project-expanding-fibre-connectivity-for-local-communities-302675869.html

SOURCE YOFC

HUARAZ, Peru, Feb. 1, 2026 /PRNewswire/ — On January 20, a launch event for the newly completed broadband network was held in Peru’s Ancash region, marking the project’s completion and entry into operation. The national broadband project, undertaken by Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), is set to significantly enhance local digital infrastructure, bridge connectivity gaps, and support economic and social development.

Senior government officials, including Raúl García, Vice Minister of Transport and Communications of Peru, and Angelly Epifania, Vice Governor of the Ancash region, attended the ceremony alongside representatives from YOFC’s Peru operations, local community members, and the project team. Together, they celebrated the completion of a major national connectivity initiative that is expected to deliver tangible benefits to local communities.

Six years ago, Raúl García, then representing the Peruvian government, signed a project agreement with YOFC at the Government Palace. After six years of implementation, YOFC has delivered a large-scale national broadband network, drawing on its technical expertise and proven delivery capabilities. The project underscores YOFC’s commitment to fulfilling contractual obligations and achieving sustainable outcomes.

As a key component of Peru’s digital infrastructure upgrade, the network spans four regions, connecting over 1,600 towns and more than one million people while reducing regional disparities in broadband access. To date, more than 9,000 kilometers of optical cable have been deployed and over 1,500 sites constructed, providing internet access to more than 4,000 public institutions—including schools, hospitals, police stations, and central plazas—and making high-quality digital services readily available to local communities.

The project also created substantial employment opportunities during construction, generating more than 5,000 jobs. By fostering knowledge sharing, technology transfer, and collaboration with local partners, it has supported the growth of related local industries.

As a global provider of optical communications solutions, YOFC’s successful delivery of this project demonstrates its ability to execute complex international infrastructure projects and provide end-to-end solutions.

Looking ahead, YOFC will continue to deepen its global partnerships, maintaining a strong focus on building digital infrastructure worldwide. Leveraging its technological and industrial expertise, the company aims to expand fibre connectivity across global markets, help more countries and regions overcome digital infrastructure constraints, and contribute to a more inclusive, sustainable digital ecosystem while advancing global connectivity.

View original content to download multimedia:https://www.prnewswire.com/news-releases/yofc-completes-peru-national-broadband-project-expanding-fibre-connectivity-for-local-communities-302675869.html

SOURCE YOFC