Author: Ravi Shankar

More than 140,000 home batteries dispatched power to California’s statewide energy grid during extreme heat on September 9, 2026, equaling the capacity of a large power plant

SAN FRANCISCO, Sept. 21, 2026 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN) and Tesla (Nasdaq: TSLA) announced today that the companies’ fleets of home batteries dispatched more than 580 megawatts of peak power to California’s grid on the evening of September 9, 2026. The combined output marks the largest distributed power plant dispatch event on record—with enough capacity to power all households in Sacramento County during peak hours.

The dispatch event occurred amid scorching temperatures, elevated demand for electricity, and the resulting increase in wholesale energy rates. At the request of the California Energy Commission and utilities, Sunrun and Tesla discharged their customers’ home batteries to the grid for a three-hour evening period to increase the grid’s operating margin and put downward pressure on real-time energy prices.

Sunrun and Tesla coordinated 580 megawatts of residential battery capacity during the event—combining 517 megawatts from Tesla Powerwalls with 63 megawatts from additional batteries. 110,000 Powerwalls participated in the event; more than half of those (55%) are owned and operated by Sunrun. In addition, Sunrun dispatched more than 30,000 of its customers’ batteries from other manufacturers.

“Sunrun’s distributed home batteries are operating at a scale larger than many peaker power plants combined,” said Sunrun CEO Mary Powell. “Families depend on their Sunrun energy systems for outage protection and energy independence. This historic dispatch shows that the benefits of distributed energy go well beyond individual households as we help control the cost of electricity for all Californians and reduce the need for new costly poles and wires.”

The dispatch event was coordinated through two statewide grid service programs: the California Energy Commission’s Demand Side Grid Support (DSGS) program and the California Public Utilities Commission’s Emergency Load Reduction Program (ELRP). The participating batteries were located statewide, with customers participating in all three investor-owned utilities’ service territories.

The DSGS dispatch event was triggered by the California Independent System Operator’s day-ahead locational marginal price exceeding $200 per megawatt-hour. The ELRP dispatch was an event called to coincide with the heat wave by Pacific Gas and Electric Company for batteries located within its territory.

An even larger distributed power plant event in California is possible from Sunrun’s and Tesla’s battery fleets. The Sept. 9 event did not dispatch the companies’ additional batteries participating in the ELRP program in Southern California Edison’s territory.

However, the following evening, Sept. 10, Southern California Edison requested a three-hour dispatch during peak hours. Together, Sunrun and Tesla delivered more than 140 megawatts of battery capacity to the grid. Had the dispatch events from Sept. 9 and 10 occurred on the same night, Sunrun and Tesla would have had the ability to deliver over 720 megawatts in a single dispatch.

A report by The Brattle Group, commissioned by Sunrun and Tesla, found that these kinds of programs could provide up to $206 million in net cost savings to Californians by 2028. These savings would benefit all grid-connected customers, the report said. Additionally, participants benefit from direct compensation for the power they share with the grid.

The historic dispatch event provides a strong proof point for Sunrun, Tesla, and Renew Home’s existing initiative to unlock more than 16.8 gigawatts of flexible capacity for hyperscalers and utilities from home batteries, solar, smart thermostats, and EVs. The three companies announced earlier this month that they will enroll nearly 21,000 existing flexible energy devices into a new, Google-funded distributed power plant with PG&E. The resource is expected to begin supporting the grid as early as this fall.

About Sunrun
Sunrun Inc. (Nasdaq: RUN) is America’s largest provider of home battery storage, solar, and home-to-grid power plants. As the pioneer of home energy systems offered through a no-upfront-cost subscription model, Sunrun empowers customers nationwide with greater energy control, security, and independence. Sunrun supports the grid by providing on-demand dispatchable power that helps prevent blackouts and lowers energy costs. Learn more at www.sunrun.com.

Media Contact
Wyatt Semanek
Sr. Director, Corporate Communications
press@sunrun.com

Investor & Analyst Contact
Patrick Jobin
SVP, Deputy CFO & Investor Relations Officer
investors@sunrun.com

Ahead of an extensive completions program at the Lawson Complex, aimed at confirming the world’s first large-scale commercial discovery of an emerging new primary energy source, the 30-km step-out at Lawson 5 sets the stage for a robust new phase of exploration targeting the basin-scale potential of Natural Hydrogen in Saskatchewan.

New Video: The Next Chapter
https://youtu.be/LUIHqS35rMg

REGINA, Saskatchewan, Sept. 21, 2026 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to provide the following exploration and operations update as crews prepare to mobilize for ramped-up drilling aimed at adding even greater scale to both the Lawson Complex Natural Hydrogen Discovery and the geological potential of the entire 475-km-long (~300-mile) Genesis Trend that stretches from south-central Saskatchewan to the North Dakota border.

Highlights

• Savanna Drill Rig #629 and crew are preparing to mobilize for the largest step-out yet (Lawson 5) as part of the Lawson Discovery, targeting an area approximately 27 to 31 km northeast of the current discovery represented by the first four wells – Lawson 1 to Lawson 4. Savanna Rig #629 is a top drive tele-scopic double;
• Lawson 5 has two key objectives, each testing the scale potential of the broader Genesis Trend – west to east across a 30-km mobile belt, and north-to-south along the “Salt Wall” flanking the Prairie Evaporite that extends 475 km (~300 miles) down the Genesis Trend to the North Dakota border;
• Lawson 4 has been successfully cased and cemented after drilling encountered the highest Natural Hydrogen readings to date at Lawson, a thick basal Cambrian reservoir with high permeability and porosity, exotic terrane source rocks, and a sub-vertical crustal fault (conduit) with an unknown depth extent in the Precambrian basement complex.

Mr. Steve Halabura, MAX Power Chief Geoscientist, commented: “Lawson 5 will give us the information we need with respect to an additional important trap and seal mechanism on the Genesis Trend, beyond the ones we have already identified, and other data, to launch an aggressive exploration program along the broader Salt Wall Corridor continuing north-south for at least 475 km. In addition, Lawson 5 will test the west-to-east up-dip potential, across a mobile belt, of the current discovery. What this is quickly building up to, given our confidence in the science, is an even more robust program of exploratory drilling at Genesis and elsewhere, concurrent with an extensive completions program covering the Lawson discovery wells slated to begin soon. All of this will provide a massive input of new data into MAXX LEMI, our AI-assisted proprietary platform that Kyndryl is developing a commercialization strategy for (refer to Sept. 18, 2026 news release).”

Bracken Well Update

While Lawson 5 represents the biggest step-out to date associated with the current discovery area, the Bracken well along the Saskatchewan-Montana border completed earlier this year stepped out 325 km from the Lawson Complex to the Grasslands Projects in the southwest and underscored the basin-scale potential of Natural Hydrogen deposits in Saskatchewan (refer to June 30, 2026 news release).

Independent petrophysical evaluation by GLJ Ltd. (“GLJ”), one of the world’s leading energy consultants, identified multiple prospective Natural Hydrogen and helium zones at Bracken. The well was successfully cased and cemented, and a near-term completions program is planned at Bracken to coincide with Lawson completions.

Figure 1 – The Genesis Trend

Why This Matters to Investors

Lawson 5 marks a pivotal shift in the MAX Power story. The first four Lawson wells have progressively defined Canada’s first confirmed subsurface Natural Hydrogen system. Now MAX Power is stepping out approximately 30 km northeast to begin testing something potentially much larger, including whether the geological architecture being identified at Lawson extends to the Salt Wall and across the broader 475 km Genesis Trend. With Bracken also showing multiple prospective Natural Hydrogen and helium zones approximately 325 km southwest, on a different trend, the opportunity is increasingly moving beyond the boundaries of a single discovery area. 

The bigger thesis is basin scale. Completions testing at Lawson and Bracken will begin addressing flow, composition and deliverability, while Lawson 5 also takes the first major step toward testing scale across a vastly larger geological corridor potentially extending across the entire Salt Wall flanking the full eastern border of Genesis. Every new well also expands the proprietary geological, geophysical and reservoir dataset feeding MAXX LEMI, creating a growing intelligence layer alongside MAX Power’s exploration assets.

Lawson established the first subsurface discovery of Natural Hydrogen in Canada. The next phase is about proving deliverability and testing just how big this basin scale Natural Hydrogen opportunity could become.

Figure 2: Drilling at Lawson 3 Well, Genesis Trend (Aug. 2026)

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Recent Videos

Video: The Time is Now
https://youtu.be/TKnEnBEQ0TM

What if the Answer to Natural Hydrogen Was Beneath Our Feet All Along?
https://youtu.be/srV-RCmzzPk

President Chad Levesque On Significance of Lawson
https://youtu.be/wCeFQTKtOuI

What is Natural Hydrogen?
https://www.youtube.com/watch?v=S0bqqZeIpxc

Genesis Explained: Its “Salt Barrier” Advantage and Proximity to Demand
https://www.youtube.com/watch?v=3ytpHdve6S8

The Genesis Trend’s Industrial Corridor
https://youtube.com/shorts/IAgALH_s3mI

Lawson – Canada’s First Big Step into Natural Hydrogen
https://www.youtube.com/watch?v=lTTOwMxz_zo

MAX Power Leaps at Lawson
https://www.youtube.com/watch?v=Yr4Ha06__Eg

Watch the Drill in Action
https://www.youtube.com/watch?v=eguNGAfdIek

MAX Power Saskatchewan Natural Hydrogen Documentary Video
https://www.youtube.com/watch?v=TXGDtTUbJ2c

History in The Making at Lawson – Video Immediately Ahead of Drill Rig Setup
https://www.youtube.com/watch?v=BNHazk9Sy4E

About MAX Power

MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company’s Lawson Discovery near Central Butte, Saskatchewan, represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling with data validated by three independent labs. MAX Power has built dominant district-scale land positions across Saskatchewan with approximately 2.5 million acres (~1 million hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen, and has commenced a multi-well follow-up drill program to validate the commerciality of the broader Lawson Complex interpreted to cover a 28 sq. km area along the 475-km Genesis Trend. MAX Power also holds a significant equity position in Homeland Critical Minerals, which now owns the Willcox Project in Arizona, a lithium discovery confirmed in early 2024 by MAX Power. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.

On behalf of the Board of Directors,

Ran Narayanasamy, CEO
MAX Power Mining Corp.
info@maxpowermining.com

For further information, please contact:

Chad Levesque, President
Ph: 1-306-981-4753
chad@maxpowermining.com

Media Contact:

Sarah Mawji, Venture Strategies
sarah@venturestrategies.com

Cautionary Statement and Forward-Looking Information

This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is often identified by words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “predict”, “project”, “should”, “will” and similar expressions.

Forward-looking information is based on management’s current expectations, estimates, projections and assumptions, including, among other things, that required regulatory approvals will be obtained, financing will be available on acceptable terms, planned exploration, appraisal and development activities will proceed as anticipated, equipment and personnel will be available as required, geological interpretations and technical results will support further advancement of the Company’s projects, and market conditions will remain favourable.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, without limitation, risks relating to exploration and development activities, geological and technical uncertainties, commercialization of Natural Hydrogen, reservoir performance, infrastructure availability, strategic partnership opportunities, market acceptance, commodity and energy prices, access to capital, regulatory approvals, environmental and permitting requirements, and general economic, market and business conditions.

There can be no assurance that the Company’s plans, expectations or objectives will be achieved. Readers are cautioned not to place undue reliance on forward-looking information. Forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update or revise any forward-looking information, whether due to new information, future events or otherwise, except as required by applicable securities laws.

Additional information regarding the Company and the risks and uncertainties affecting its business and operations is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/36f8022c-5352-49a2-b079-e272566eb13a
https://www.globenewswire.com/NewsRoom/AttachmentNg/8de2c905-1000-4c1d-a809-d84ef3133793

• Revenues rose 36.6% year over year, mainly driven by higher average selling prices
• AI infrastructure and liquid cooling continue to gain strategic importance, with large-volume customer orders secured subsequent to the first half of 2026

SHENZHEN, China, Sept. 21, 2026 (GLOBE NEWSWIRE) — ZJK Industrial Co., Ltd. (NASDAQ: ZJK) (“ZJK” or the “Company”), a high-tech precision parts and hardware manufacturer serving artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace, and other smart technologies, today announced its unaudited financial results for the six months ended June 30, 2026.

First Half of Fiscal Year 2026 Financial Highlights

• Revenues were US$33.74 million for the first half of 2026, an increase of 36.60% from US$24.70 million for the same period of 2025.
• Gross profit was US$14.29 million for the first half of 2026, an increase of 16.01% from US$12.32 million for the same period of 2025.
• Net income was US$5.24 million for the first half of 2026, compared with US$5.84 million for the same period of 2025.
• Basic and diluted earnings per share were US$0.08 for the first half of 2026, compared with US$0.10 for the same period of 2025.
• Net cash provided by operating activities increased 28.75% year over year to US$3.19 million for the first half of 2026, while net cash provided by investing activities and financing activities increased 254.38% and 78.85%, respectively.
• Cash and cash equivalents, restricted cash, and short-term investments amounted to US$23.16 million as of June 30, 2026, an increase of 24.37% from US$18.62 million as of December 31, 2025.

Mr. Ning Ding, chairman of the board of directors, chief executive officer and chief financial officer, commented, “We are pleased to report another period of strong revenue growth in the first half of 2026, reflecting our deeper participation in customer programs and the ongoing shift of our product portfolio toward more sophisticated, higher-value products with increased average selling prices. Notably, our revenues grew 36.60% year over year to US$33.74 million.

“As newer and increasingly complex products move into larger-scale production, we have made the necessary investments in materials, labor, manufacturing processes and production capacity to support their ramp-up and meet increasingly stringent customer requirements. We will continue to advance automation and process optimization to enhance manufacturing efficiency, while investing in research and development to strengthen our technical capabilities and support the continued growth of our high-value precision component business.

“On the demand side, AI infrastructure and liquid cooling are becoming increasingly important growth drivers for ZJK, as our strengths in precision manufacturing, product reliability and production consistency enable us to address the increasingly stringent requirements arising from the greater computing density and power consumption of AI systems. Subsequent to the first half of 2026, we secured large-volume purchase orders for AI infrastructure components from several major customers and have commenced deliveries, further demonstrating growing customer recognition of our capabilities across the product development and manufacturing lifecycle, from early-stage design collaboration and validation to engineering, mass production and quality control. Supported by ongoing deliveries under these orders and continued demand from AI and other advanced technology applications, we anticipate that strong growth momentum will continue through the second half of 2026.

“We also continue to execute our global expansion strategy, including the development of our international customer base. We are investing in sales and marketing across North America, Singapore and Taiwan to broaden our market reach beyond mainland China.

“We believe the rapid growth of AI computing infrastructure and adoption of liquid cooling, together with increasing precision requirements across other advanced smart technologies, will create substantial long-term opportunities for ZJK. We will continue to focus on innovation-driven development, operational efficiency, customer diversification and the expansion of our global footprint to enhance our capabilities to capture these opportunities, drive sustainable revenue and profit growth, and deepen ZJK’s strategic role in the global high-precision components supply chain.”

First Half of Fiscal Year 2026 Financial Results

Revenues

Revenues were US$33.74 million for the first half of 2026, an increase of 36.60% from US$24.70 million for the same period of 2025. This increase was mainly due to an increase of 35.29% in the average sales unit price for the six months ended June 30, 2026 compared to the same period of 2025.

Cost of Revenues

Cost of revenues was US$19.45 million for the first half of 2026, an increase of 57.08% from US$12.38 million for the same period of 2025. The increase was driven by higher material procurement prices coupled with increased material consumption from the expanded production scale of new products, and increased labor costs as more personnel were required and more complex manufacturing procedures were involved in the production of new products.

Gross Profit and Gross Profit Margin

Gross profit was US$14.29 million for the first half of 2026, an increase of 16.01% from US$12.32 million for the same period of 2025. This increase was mainly due to the increased average sales unit price of ZJK’s hardware products, partially offset by the decreased sales volume.

The gross profit margin was 42.35% for the first half of 2026, compared with 49.87% for the same period of 2025, mainly attributable to the increase in average unit cost of products. Despite an increase in average sales unit price of products, to remain competitive, such price growth was insufficient to fully offset the incremental manufacturing costs.

Total Operating Expenses

Total operating expenses were US$8.64 million for the first half of 2026, compared with US$6.46 million for the same period of 2025.

• General and administrative expenses were US$4.11 million for the first half of 2026, an increase of 52.86% from US$2.69 million for the same period of 2025. This increase was primarily attributable to (i) an increase of US$0.63 million in share-based compensation expenses, (ii) an increase of US$0.16 million in salaries and benefits for administrative personnel due to an increase of employee headcounts resulting from ZJK’s business growth, (iii) an increase of US$0.12 million in depreciation and amortization expenses, and (iv) an increase of US$0.40 million in other miscellaneous expenses due to business expansion.
• Selling and marketing expenses were US$4.24 million for the first half of 2026, an increase of 19.33% from US$3.56 million for the same period of 2025. This increase was primarily due to (i) an increase of US$0.31 million in sales commissions resulting from business expansion into markets such as North America, Singapore, and Taiwan, China, (ii) an increase of US$0.10 million in salaries and benefits for sales and marketing personnel due to higher headcounts to support ZJK’s business expansion, and (iii) an increase of US$0.18 million in freight costs for sale of products, reflecting expanded overseas shipping demands.
• Research and development expenses were US$0.28 million for the first half of 2026, an increase of 32.28% from US$0.21 million for the same period of 2025. This increase was primarily attributable to salaries and benefits for an increased number of research and development personnel resulting from business growth.

Income from Operations

Income from operations was US$5.66 million for the first half of 2026, compared with US$5.86 million for the same period of 2025.

Other Income, Net

Other income, net was US$1.37 million for the first half of 2026, compared with US$1.91 million for the same period of 2025, primarily due to a decrease in foreign exchange gains.

Net Income

Net income was US$5.24 million for the first half of 2026, compared with US$5.84 million for the same period of 2025.

Basic and Diluted Earnings per Share

Basic and diluted earnings per share were both US$0.08 for the first half of 2026, compared with US$0.10 for the same period of 2025.

Financial Condition

As of June 30, 2026, the Company had cash and cash equivalents, restricted cash and short-term investments of US$23.16 million, an increase of 24.37% from US$18.62 million as of December 31, 2025.

About ZJK Industrial Co., Ltd.
ZJK Industrial Co., Ltd. is a high-tech precision parts and hardware manufacturer serving artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace, and other smart technologies. With over 15 years in the precision metal parts manufacturing industry, the Company maintains a skilled professional team, a series of highly automated and precision manufacturing equipment, a stable and diversified customer base, and comprehensive quality management systems. ZJK mainly offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning parts, stamping parts and Computer Numerical Control (CNC) machining parts, CNC milling parts, high precision structural components, Surface Mounting Technology (SMT) for miniature parts packaging, and technology service for research and development from a professional engineering team. For more information, please visit the Company’s website at https://ir.zjk-industrial.com/.

Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties (including, but not limited to, uncertainties of whether contract value of our purchase orders will be fully realized) and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” “propose” or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the U.S. Securities and Exchange Commission.

For more information, please contact:
ZJK Industrial Co., Ltd.
Phone: +86-755-28341175
Email: ir@zjk-industrial.com

The Blueshirt Group Asia
Feifei Shen
Phone: +86-134-66566136
Email: feifei@blueshirtgroup.co

ZJK Industrial Co., Ltd.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In U.S. dollars, except for numbers of shares data)
		As of
		December 31, 2025				June 30, 2026
						(Unaudited)
ASSETS
Current assets
Cash and cash equivalents			14,350,959				16,543,610
Restricted cash			2,037,041				4,484,487
Short-term investments			2,234,078				2,132,706
Accounts receivable, net			15,974,676				15,644,701
Accounts receivable-due from a related party			11,227,799				8,498,381
Inventories, net			12,143,316				14,245,898
Prepaid expenses and other current assets, net			964,194				4,379,431
Other receivables-due from related parties			598,467				3,713
Total current assets			59,530,530				65,932,927
Non-current assets
Property, plant and equipment, net			12,271,875				13,098,045
Intangible assets, net			97,433				144,361
Operating lease right-of-use assets			3,574,775				3,309,694
Long-term investment			3,706,080				1,786,703
Deferred tax assets, net			—				95,926
Other non-current assets			347,569				630,674
Total non-current assets			19,997,732				19,065,403
TOTAL ASSETS			79,528,262				84,998,330
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable			18,233,194				15,369,397
Notes payable			3,803,926				3,781,226
Income tax payable			3,431,262				3,906,101
Accrued expenses and other current liabilities			3,583,457				3,650,004
Other payables-due to related parties			2,322,224				2,659,954
Operating lease liabilities, current			726,152				726,186
Total current liabilities			32,100,215				30,092,868
Non-current liabilities
Operating lease liabilities, non-current			2,876,209				2,592,046
Deferred tax liabilities			957,610				658,971
Total non-current liabilities			3,833,819				3,251,017
TOTAL LIABILITIES			35,934,034				33,343,885
Commitments and contingencies (Note 15)
Shareholders’ equity
Ordinary share ($0.000016666667 par value, 3,000,000,000 and nil shares authorized, 63,822,249 and nil shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively*)			1,063				—
Class A Ordinary shares ($0.000016666667 par value, nil and 2,991,000,000 shares authorized, nil and 55,322,249 shares issued and outstanding as of December 31 and June 30, 2026, respectively**)			—				921
Class B Ordinary shares ($0.000016666667 par value, nil and 9,000,000 shares authorized, nil and 9,000,000 shares issued and outstanding as of December 31 and June 30, 2026, respectively**)			—				150
Additional paid-in capital			8,977,814				10,372,982
Statutory surplus reserves			2,662,115				2,662,115
Retained earnings			32,132,905				37,378,247
Accumulated other comprehensive (loss)/income			(304,868	)			1,004,477
Total ZJK Industrial Co., Ltd. shareholders’ equity			43,469,029				51,418,892
Non-controlling interests			125,199				235,553
Total shareholders’ equity			43,594,228				51,654,445
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY			79,528,262				84,998,330

* The shares and per share information are presented on a retroactive basis to reflect the reorganization completed on March 28, 2023, the two share splits that occurred on June 19, 2023 and June 6, 2024, respectively.

ZJK Industrial Co., Ltd.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(In U.S. dollars, except for the number of shares data)
		For the six months ended June 30,
		2025				2026
		(Unaudited)
Revenues
Third-party sales			15,153,800				24,389,206
Related-party sales			9,549,460				9,355,383
Total revenues			24,703,260				33,744,589
Cost of revenues
Third-party sales			(5,653,621	)			(11,837,351	)
Related-party sales			(6,730,162	)			(7,615,072	)
Total cost of revenues			(12,383,783	)			(19,452,423	)
Gross profit			12,319,477				14,292,166
Operating expenses
Selling and marketing expenses			(3,555,816	)			(4,243,018	)
General and administrative expenses			(2,690,131	)			(4,112,062	)
Research and development costs			(212,193	)			(280,698	)
Total operating expenses			(6,458,140	)			(8,635,778	)
Income from operations			5,861,337				5,656,388
Other income, net
Interest expenses			(6,291	)			—
Interest income			149,496				166,458
Share of profits from equity method investment			1,431,032				1,475,335
Currency exchange gain/(loss)			149,352				(399,575	)
Other income, net			186,949				131,697
Total other income, net			1,910,538				1,373,915
Income before income tax provision			7,771,875				7,030,303
Income tax provision			(1,931,362	)			(1,789,902	)
Net income			5,840,513				5,240,401
Less: net loss attributable to non-controlling interests			(10,569	)			(4,941	)
Net income attributable to ZJK Industrial Co., Ltd.’s shareholders			5,851,082				5,245,342
Other comprehensive (loss)/income
Foreign currency translation adjustment attributable to parent company			559,787				1,309,345
Foreign currency translation adjustment attributable to non-controlling interests			717				(876	)
Total comprehensive income			6,401,017				6,548,870
Comprehensive income/(loss) attributable to non-controlling interests			(9,852	)			(5,817	)
Comprehensive income attributable to ZJK Industrial Co., Ltd.’s shareholders			6,410,869				6,554,687
Earnings per share*
Basic			0.10				0.08
Diluted			0.10				0.08
Weighted average shares used in calculating earnings per share*
Basic			61,490,641				64,283,575
Diluted			61,510,641				64,283,575

 * The shares and per share information are presented on a retroactive basis to reflect the reorganization completed on March 28, 2023 and the two share splits that occurred on June 19, 2023 and June 6, 2024, respectively.

ZJK Industrial Co., Ltd.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In U.S. dollars, except for the number of shares data)
		For the six months ended June 30,
		2025				2026
		(Unaudited)
Cash flows from operating activities:
Net income			5,840,513				5,240,401
Adjustments to reconcile net income to net cash provided by operating activities:
Reversal for credit loss			(64	)			—
Depreciation of property, plant and equipment			333,037				725,762
Amortization of intangible assets			11,769				20,345
Amortization of operating lease right-of-use assets			213,488				369,495
Amortization of finance lease right-of-use assets			38,495				—
Provision for inventories			552,180				438,681
Share of profits from equity method investment			(1,431,032	)			(1,475,335	)
Provisions/(Benefits) for deferred income tax			131,411				(419,145	)
Share-based compensation			676,625				1,395,176
Loss on operating lease early termination			—				853
Changes in operating assets and liabilities:
Accounts receivable			(1,601,880	)			329,975
Accounts receivable-due from a related party			1,254,624				2,729,418
Inventories			(2,620,454	)			(2,541,263	)
Prepaid expenses and other current assets			(274,981	)			(1,672,525	)
Other receivables-due from related parties			(355,145	)			582,305
Accounts payable			(3,037,042	)			(2,981,256	)
Notes payable			754,083				(22,700	)
Income tax payable			1,150,797				474,839
Accrued expenses and other current liabilities			681,688				66,547
Other payables-due to related parties			380,049				322,050
Operating lease liabilities			(217,245	)			(389,396	)
Net cash provided by operating activities			2,480,916				3,194,227
Cash flows from investing activities:
Purchase of property, plant and equipment			(873,418	)			(1,305,650	)
Purchase of intangible assets			(28,410	)			(63,792	)
Net proceeds from short-term investment			288,453				101,372
Purchase of construction in progress			(483,781	)			(41,464	)
Dividends received from long-term equity investment			1,354,377				1,742,712
Loans to related parties			(310,510	)			—
Collection of loans to related parties			179,036				12,449
Net cash provided by investing activities			125,747				445,627
Cash flows from financing activities:
Proceeds from short-term bank borrowings			1,382,017				—
Repayments of short-term bank borrowings			(1,317,062	)			—
Contribution from non-controlling shareholders			—				116,171
Net cash provided by financing activities			64,955				116,171
Effect of exchange rate changes			211,903				884,072
Net change in cash, cash equivalents and restricted cash			2,883,521				4,640,097
Cash, cash equivalents and restricted cash at the beginning of period			13,052,455				16,388,000
Cash, cash equivalents and restricted cash at the end of period			15,935,976				21,028,097
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the unaudited Condensed Consolidated Balance Sheets that sum to the total of the same amounts shown in the unaudited Condensed Consolidated Statements of Cash Flows:
Cash and cash equivalents			14,450,968				16,543,610
Restricted cash			1,485,008				4,484,487
Total cash and cash equivalents and restricted cash shown in the unaudited Condensed Consolidated Statements of Cash Flows			15,935,976				21,028,097
Supplemental disclosure of cash flow information:
Income tax paid			781,335				1,839,031
Interest expenses paid			6,064				—
Supplemental disclosures of non-cash activities:
Obtaining operating right-of-use assets in exchange for operating lease liabilities			—				21,361
Acquiring property, plant and equipment transferred from construction in progress			284,456				155,923
Acquiring property, plant and equipment in exchange for accounts payable			719,921				117,459

• Research finds AI in buildings can cut whole-building energy use by up to 22% against traditional controls
• Annual utility savings of $13,600 to $49,300 per building at current commercial rates, with savings recurring year after year
• Carbon avoided is more than 100 times the AI system’s own footprint

NEW YORK, Sept. 21, 2026 (GLOBE NEWSWIRE) — Schneider Electric, a global energy technology leader, today published new research at Climate Week NYC 2026 finding that AI-enabled buildings can cut whole-building energy use by up to 22% against traditional controls. The research highlights annual utility savings as $13,600 to $49,300 per building at current commercial rates, helping organizations reduce operating costs every year with the potential to scale across larger portfolios. The research also finds the carbon avoided is more than 100 times greater than the AI system’s footprint.

As concerns grow over AI’s environmental impact, buildings remain one of the world’s largest sources of emissions, accounting for approximately 37% of global energy-related carbon emissions. Schneider Electric’s new research, AI for Climate: Quantifying the Energy and Carbon Impact of Building Optimization, found that AI-driven HVAC optimization deployed through a smart building management system can contribute 7.2-12.7% of additional building energy savings. This shows how AI manages energy more intelligently, easing pressure on building systems and the wider electric grid.

Other key findings include:

• Up to 60 metric tons of carbon emissions avoided annually per building (59,869kg CO₂e), comparable to the environmental benefit of planting 2,700 mature trees¹
• More than 200 MWh of annual energy savings in some building scenarios, enough electricity to power dozens of average homes for a year
• AI can more than double the energy savings achieved by smart building controls alone
• Both cloud and edge AI deployments can deliver significant energy and carbon benefits

“The future of building management will be defined by how effectively organizations connect and contextualize data that was previously trapped in silos. An AI layer on top of existing business systems can turn complexity into intelligence and intelligence into action, reducing emissions, lowering costs and improving performance simultaneously,” said Pankaj Sharma, EVP, Software & Services at Schneider Electric. “As energy demand continues to rise, the ability to deliver these outcomes together, rather than forcing organizations to choose between them, will be critical to achieving both business and sustainability goals.”

The research uses building energy modeling validated against real-world pilot deployments to assess how AI-enabled HVAC control impacts energy consumption, carbon emissions and operating costs across Australia, India and the U.S in differing building scenarios.

The study examined how an AI layer deployed on top of digital building management systems can connect previously siloed data sources, continuously analyze building conditions, and automate HVAC optimization in real time. By incorporating data from occupancy patterns, weather forecasts, equipment performance, and other operational inputs, AI can enable buildings to operate more efficiently while reducing the burden on facility management teams.

The research also found that small and mid-sized buildings (less than 100,000 sqft) stand to benefit significantly from AI-enabled optimization. Historically, energy management systems have been considered too complex or costly for smaller facilities, where dedicated facilities expertise is often limited. By helping automate and simplify optimization, AI can make sophisticated building management more accessible, enabling smaller buildings to reduce energy consumption, lower operating costs and cut emissions.

“AI is putting the power of energy intelligence into the hands of smaller building owners and operators. What once required significant expertise and investment can now be achieved more simply and at greater scale, helping organizations reduce energy waste, lower costs, improve performance, and make smarter decisions with confidence,” added Sharma.

Download the full report: LINK.

Press contact: mediarelations@se.com

About Schneider Electric
Schneider Electric is a global energy technology leader, driving efficiency and sustainability by electrifying, automating, and digitalizing industries, businesses, and homes. Its technologies enable buildings, data centers, factories, infrastructure, and grids to operate as open, interconnected ecosystems, enhancing performance, resilience, and sustainability. The portfolio includes intelligent devices, software-defined architectures, AI-powered systems, digital services, and expert advisory. With 160,000 employees and 1 million partners in over 100 countries, Schneider Electric is consistently ranked among the world’s most sustainable companies. 

www.se.com

Learn more about Advancing Energy Tech on Schneider Electric Insights.

________________________
¹ USDA Forest Service (McPherson et al., 1994)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/70ce2839-2ae2-417e-a7cd-e1fb4ca99cd4

NAPLES, Fla., Sept. 21, 2026 (GLOBE NEWSWIRE) — via IBN — HealthLynked Corp. (OTCQB:HLYK), a healthcare technology company focused on AI-powered patient engagement and care coordination, today announced a strategic enterprise pilot with Palm Beach Accountable Care Organization (PBACO), one of the nation’s leading physician-owned Medicare Shared Savings Program (MSSP) Accountable Care Organizations.

The pilot will evaluate HealthLynked’s AI-powered patient engagement, intelligent scheduling, digital onboarding, care coordination, and virtual healthcare technologies across participating PBACO physician practices. The initiative is designed to determine how artificial intelligence can improve patient access and experience while reducing administrative burden, streamlining physician workflow, and supporting value-based care.

PBACO supports approximately 10,000 physicians and healthcare professionals serving more than 325,000 Medicare beneficiaries across 32 states plus the District of Columbia. PBACO has ranked #1 nationally in Medicare Shared Savings performance in five of the past nine years and maintains an average quality performance score of 93.32%.

AI-Powered Patient Engagement

The pilot will deploy HealthLynked’s patient engagement platform, including the HealthLynked AI Care Agent, AI-powered patient call management, intelligent appointment scheduling, digital patient onboarding, QR-code patient check-in, secure patient communications, provider workflow tools, digital care coordination, and population health engagement capabilities.

The HealthLynked AI Care Agent functions as a digital extension of the physician practice, answering patient calls 24 hours a day, onboarding new patients, securely collecting demographic and insurance information, scheduling and managing appointments, helping patients locate appropriate physicians or specialists, answering common administrative questions, and delivering reminders and follow-up communications.

For patients, the platform is designed to make healthcare easier to navigate by providing 24/7 access to assistance, faster and more convenient scheduling, simplified onboarding and check-in, help identifying the appropriate provider, improved communication with physician practices, and better coordination before and after visits. By reducing friction at each step of the healthcare journey, HealthLynked aims to create a more responsive, connected, and patient-centered experience.

For physicians and their staff, automating routine administrative interactions can reduce repetitive work and allow clinical teams to devote more time to patient care.

Throughout the pilot, PBACO will evaluate key performance indicators including patient engagement, scheduling efficiency, digital onboarding, administrative workload reduction, patient and provider satisfaction, care coordination, and operational efficiencies supporting value-based care.

“Healthcare is rapidly evolving toward intelligent, patient-centered care,” said Dr. Michael Dent, Chairman and Chief Executive Officer of HealthLynked. “Partnering with one of the nation’s premier physician-led Accountable Care Organizations gives us an opportunity to demonstrate how AI can benefit both sides of the healthcare experience—making it easier for patients to access and navigate care while reducing administrative friction for physicians and their teams. Our goal is to create a more connected healthcare experience that improves access, strengthens engagement, and allows providers to spend more time caring for patients.”

“Quality execution is at the heart of value-based care,” said David Klebonis, Chief Operating Officer of Palm Beach Accountable Care Organization. “Our goal is to eliminate unnecessary work and elevate what has the greatest impact on patients. When thoughtfully applied, AI can reduce clicks and administrative burden, surface the right information at the right time, and enable timely interventions that support better outcomes. Ultimately, we want physicians and their teams spending less time managing workflows and more time focused on the patients who need them most.”

Building a Scalable Model for Value-Based Care

HealthLynked and PBACO intend for the pilot to evaluate a scalable model for applying AI, digital patient engagement, and workflow automation within value-based healthcare organizations.

If successful, data generated from the pilot may support broader deployment discussions involving accountable care organizations, commercial insurers, Medicare Advantage organizations, employer-sponsored health plans, clinically integrated networks, physician groups, and other healthcare organizations.

“This pilot provides an opportunity to demonstrate measurable value at the physician-practice level while establishing a model that can potentially scale across much larger healthcare organizations,” added Dr. Dent. “We believe connecting patients, providers, and AI through a unified engagement platform can improve access to care, strengthen care coordination, increase practice efficiency, and help reduce the overall cost of healthcare.”

About Palm Beach Accountable Care Organization

Palm Beach Accountable Care Organization (PBACO) is a physician-owned Medicare Shared Savings Program (MSSP) Accountable Care Organization dedicated to improving healthcare quality, enhancing patient outcomes, and reducing the total cost of care through coordinated, value-based healthcare delivery.

About HealthLynked Corp.

HealthLynked Corp. enhances healthcare through artificial intelligence, personalized care coordination, and innovative patient engagement technologies designed to improve outcomes while reducing healthcare costs. The Company’s cloud-based platform connects patients with providers for virtual or in-office appointments, consolidates medical records into one secure location, and delivers intelligent healthcare navigation designed to simplify access to care.

HealthLynked’s growing suite of AI-powered technologies—including the HealthLynked AI Care Agent, intelligent scheduling, digital care coordination, telemedicine, healthcare navigation, and enterprise software solutions—supports patients, providers, payers, and healthcare organizations in delivering a more connected, efficient, and consumer-centered healthcare experience.

Learn more at www.hlykgroup.com.

Download the HealthLynked App

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Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Such statements are inherently uncertain and may differ materially from actual results. Forward-looking statements reflect management’s current expectations and are subject to risks, uncertainties, and assumptions. HealthLynked disclaims any obligation to update these statements except as required by law.

Investor & Media Contact

HealthLynked Corp.
Email: IR@healthlynked.com

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David Foulkes to retire from Brunswick as Chief Executive Officer and Chairman of the Board at the end of 2026; Aine Denari appointed as Chief Executive Officer effective January 1, 2027; Lead Independent Director, David Everitt will become Non-Executive Chairman

METTAWA, Ill., Sept. 21, 2026 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC), the global leader in marine manufacturing and technology, today announced that Executive Chairman of the Board of Directors & Chief Executive Officer David Foulkes, will retire from Brunswick at the end of the year.  Aine Denari, currently Executive Vice President and President, Navico Group, and Brunswick Chief Technology Officer has been appointed Chief Executive Officer and will join the Brunswick Board of Directors effective January 1, 2027. David Everitt, currently Brunswick Lead Independent Director, will assume the role of Non-Executive Chairman  also effective January 1, 2027.

“It has been the greatest honor and privilege of my professional life to lead Brunswick Corporation as CEO for the last eight years,” said Foulkes. “With the best leadership team in our industry and the hard work and support of our thousands of committed and talented global employees, we have built the world’s largest and most innovative marine technology company and have outperformed the market and delivered strong shareholder returns through a prolonged period of external turbulence.”

Foulkes has had a distinguished two-decade career at Brunswick, including service as the Company’s Chairman since February 2025 and Chief Executive Officer since January 2019, leading Brunswick through one of the most successful and transformational periods in its history.  Prior to his appointment as Chief Executive Officer, Foulkes served as the Company’s first Chief Technology Officer and ran Brunswick’s Boat Group and financial services businesses, which later became the core of Business Acceleration. His first role with Brunswick was as Vice President of Product Development in the Mercury Marine division, leading the development of the range of outboard, sterndrive, and diesel engines, and advanced controls that now form the core of Mercury Marine’s industry-leading product line-up.

“I am very proud of the exceptional organization we have built, the rich culture we have cultivated, and the leadership position we have earned across the recreational marine industry,” said Foulkes. “With the support of my colleagues, I have achieved much of what I set out to do as Brunswick CEO. I am especially grateful to the Senior Management Team, whose individual and collective leadership I consider exceptional and among the strongest in any industry. I also want to thank my family, especially my wife Gillian, whose unwavering support made my professional achievements possible.”

Foulkes continued, “One of the most important duties of the CEO is to work with the Board to prepare a successor. I believe the time is right for a transition, and I am extremely confident that Aine is the right person to lead Brunswick on the next stage of its journey.  Aine’s broad skill set as a business and technology leader, her strong commitment to Brunswick’s employees and partners, her deep understanding of the marine industry and her ability to deliver financial results will position Brunswick for continued success. I look forward to working with Aine to ensure the smoothest possible transition.”

Denari is a seasoned leader with over 30 years of experience across automotive, mobility, industrial and manufacturing businesses. In 2024, as part of Brunswick’s robust talent development and rotation process, Denari moved into a dual role as President of Navico Group and Brunswick Chief Technology Officer, further broadening her marine, technology, and enterprise leadership experience. In these roles, she helped drive Navico Group market share gains, strong financial performance, and new product innovation from brands such as Lowrance and Simrad including AutoCaptain, the market’s first fully integrated autonomous boat docking solution. She joined Brunswick in 2020 as Executive Vice President and President of Brunswick Boat Group, leading the business through dynamic market conditions while launching new and award-winning boat models and brands and delivering strong financial results. Denari also serves as a director of Masco Corporation. Her experience spans multiple industries, geographies, and customer channels, and she is well positioned to build on Brunswick’s legacy of advanced technology, product leadership, and continuous improvement. 

Denari brings deep engineering expertise and business leadership experience, supported by advanced degrees in engineering and business as well as executive education from several globally recognized institutions, including Stanford, Northwestern, Purdue, the University of Detroit Mercy, and University College Dublin.

“I am thrilled to be appointed CEO of Brunswick Corporation, an exceptional company with a proud legacy, and I look forward to building on its strong foundation,” said Denari. “I thank Dave and the Board for their confidence and trust, and I am committed to a seamless transition. As we move forward, we will continue to execute the strategy outlined at our 2026 Investor Day and build on our strong momentum to deliver transformational growth. I deeply believe in our Next Never Rests culture of continuous improvement and am excited to help lead the next generation of innovative, technology-enabled solutions that make boating easier and more enjoyable. We will continue to strengthen our industry-leading portfolio of marine products while advancing our position as a technology leader in the marine industry. I look forward to working with our Board and leadership team to support and develop our award-winning global workforce of 14,500 employees, while continuing to create long-term value for our shareholders and all stakeholders”

Everitt commented, “This leadership transition is the culmination of the Board’s robust and thoughtful succession planning process leveraging the Company’s talent development work. On behalf of the entire Board, our employees, customers, and shareholders, I thank Dave for his remarkable service and his commitment to ready the next generation of Brunswick leaders and maintain an award-winning culture. We are confident Aine is the ideal next CEO for Brunswick, and we are excited to work with her as she leads the Company forward to deliver its next phase of growth and success.”

About Brunswick Corporation:

Brunswick Corporation (NYSE: BC) is a global leader in marine recreation, delivering innovation that transforms experiences on the water and beyond. Its technology-driven solutions are informed by deep consumer insights and guided by the belief that “Next Never Rests™.” Brunswick is home to more than 60 industry-leading brands across marine propulsion (including Mercury Marine), parts and accessories (including Attwood), and marine electronics (including Simrad and Lowrance), as well as boat brands including Boston Whaler, Sea Ray, Bayliner, Lund, and Harris. Headquartered in Mettawa, Illinois, Brunswick has approximately 14,500 employees operating in 26 countries. Learn more at Brunswick.com.

Forward-Looking Statements

Certain statements in this news release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, and projections about Brunswick’s business and by their nature address matters that are, to different degrees, uncertain. Words such as “may,” “could,” “should,” “will,” “expect,” “anticipate,” “project,” “position,” “intend,” “target,” “plan,” “seek,” “estimate,” “believe,” “predict,” “outlook,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this news release. These risks include, but are not limited to: the effect of adverse general economic conditions, including rising interest rates, and the amount of disposable income consumers have available for discretionary spending; changes to trade policy and tariffs, including retaliatory tariffs; fiscal and monetary policy changes; adverse capital market conditions; changes in currency exchange rates; competitive pricing pressures; higher energy and fuel costs; managing our manufacturing footprint and operations; loss of key customers; international business risks, geopolitical tensions or conflicts, sanctions, embargoes, or other regulations; actual or anticipated increases in costs, disruptions of supply, or defects in raw materials, parts, or components we purchase from third parties; supplier manufacturing constraints, increased demand for shipping carriers, and transportation disruptions; adverse weather conditions, climate change events and other catastrophic event risks; our ability to develop new and innovative products and services at a competitive price; absorbing fixed costs in production; our ability to meet demand in a rapidly changing environment; public health emergencies or pandemics; our ability to successfully implement our strategic plan and growth initiatives; attracting and retaining skilled labor, implementing succession plans for key leadership and executing organizational and leadership changes; our ability to integrate acquisitions and the risk for associated disruption to our business; the risk that restructuring or strategic divestitures will not provide business benefits; our ability to identify and complete targeted acquisitions; maintaining effective distribution; dealer and customer ability to access adequate financing; inventory reductions by dealers, retailers, or independent boat builders; requirements for us to repurchase inventory; risks related to the Freedom Boat Club franchise business model; outages, breaches, or other cybersecurity events regarding our technology systems, which have affected and could further affect manufacturing and business operations and could result in lost or stolen information and associated remediation costs; our ability to protect our brands and intellectual property; an impairment to the value of goodwill and other assets; product liability, warranty, and other claims risks; legal, environmental, and other regulatory compliance, including increased costs, fines, and reputational risks; risks associated with joint ventures that do not operate solely for our benefit; changes in income tax legislation or enforcement; managing our share repurchases; and risks associated with certain divisive shareholder activist actions.

Additional risk factors are included in the Company’s Annual Report on Form 10-K for 2025 and in subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and Brunswick does not undertake any obligation to update them to reflect events or circumstances after the date of this news release.

CONTACT: Lee
Gordon —
Chief Communications Officer
M: (904) 860-8848 | O: (847) 735-4003

CEO Bill Grieco directs Innventure’s focus on increasing the value of Accelsius

Parent-level cash expenses expected to significantly decline

Eric Stober to join as new CFO to guide strategic transformation

Michael Madon appointed as new independent director to replace Michael Otworth

ORLANDO, Fla., Sept. 21, 2026 (GLOBE NEWSWIRE) — Innventure, Inc. (NASDAQ: INV) (“Innventure” or the “Company”) today announced that it is concentrating on increasing the value of its interest in Accelsius, streamlining the parent organization to control costs while retaining the core capabilities to operate effectively as a public company, and enhancing the composition of its Board of Directors (the “Board”) to ensure greater independence.

Under the leadership of CEO Bill Grieco and Chairman Bruce Brown, the Board has undertaken the following:

• Reoriented Innventure to primarily focus on Accelsius achieving success in the market.
• Implemented cost reductions that are expected to lower quarterly parent-level cash expenses to approximately $3.2 million by year-end 2026, subject to exceptions outlined below, compared to $7.5 million at the beginning of 2026.
• Appointed Eric Stober as the Company’s new Chief Financial Officer to guide strategic transformation.
• Appointed Michael Madon to the Board as an independent director, bringing technology commercialization, AI, and cybersecurity expertise.
• Further enhanced the independence of the Board through the resignations of Michael Otworth and John Hewitt from their positions on the Board.
• Reduced the size of the Board from eight to seven directors, six of whom will be independent.

Increasing Focus on Accelsius

Innventure is primarily concentrating on preserving and increasing the value of its interest in Accelsius. “We continue to believe that Accelsius is a very valuable asset with compelling growth prospects. It is well positioned to be a leader in two-phase, direct-to-chip liquid cooling, and John Hewitt is the right leader for Accelsius at this important time,” said Bill Grieco, Innventure’s CEO. “Innventure is committed to Accelsius’ success as they execute against their key milestones,” continued Dr. Grieco.

Streamlining Parent-Level Operations

The Company continues to take further actions to reduce its cash requirements and align the structure of the organization with its current priorities. Since the start of Q2 2026, the Company has significantly reduced parent-level headcount and operating expenses. By the end of 2026, the Company expects quarterly parent-level cash expenses to be approximately $3.2 million, compared with $7.5 million at the beginning of 2026, a reduction of approximately 56%. These amounts exclude debt service, severance, litigation, and certain other non-recurring expenses. As appropriate, the Company will continue to keep shareholders updated as further progress is made.

“Innventure remains committed to disciplined stewardship and long-term shareholder value, supported by independent Board oversight,” said Bill Grieco. “We are taking decisive steps at the parent-company level and evaluating funding alternatives with a focus on managing costs while protecting the value of our interests in Accelsius,” Dr. Grieco continued.

Eric Stober to Join as Chief Financial Officer

Innventure has appointed Eric Stober as Chief Financial Officer, effective October 19, 2026. Mr. Stober brings public-company finance experience and a track record helping businesses navigate strategic transformations and periods of change. He served for nine years as Chief Financial Officer of Astrotech Corporation (Nasdaq: ASTC), where he played a key role in restructuring the company, managed the sale of its satellite operations business to Lockheed Martin, and spearheaded capital formation. He most recently served as Chief Financial Officer of Capital Factory, previously held private-equity roles, and holds an MBA from the McCombs School of Business at the University of Texas at Austin and a bachelor’s degree in finance from the University of Illinois.

In connection with Mr. Stober’s appointment, Innventure’s current Chief Financial Officer, David Yablunosky, will step down from that role on October 19, 2026. Thereafter, Mr. Yablunosky will serve in an advisory role for a transitional period.

Michael Madon Joins as New Independent Director Following Certain Board Resignations

The Board appointed Michael Madon as a new independent director, effective as of September 28, 2026. He currently serves as Chief Revenue Officer of ABCorp, a secure printing and additive manufacturing company, and has founded and led venture-backed cybersecurity and AI companies, including Ataata, Inc., a cybersecurity training and awareness platform, which was acquired by Mimecast Limited, an information security company. He serves on the board of Cyabra (Nasdaq: CYAB), an AI-driven threat intelligence company, and The Village Bank, and previously served on the boards of TeleCommunication Systems and VerifyMe. He also previously served as Deputy Assistant Secretary for Intelligence at the U.S. Department of the Treasury and retired as a Lieutenant Colonel in the U.S. Army Reserve. He holds an MBA from the Wharton School of the University of Pennsylvania, a Master of International Affairs degree from Columbia University and a bachelor’s degree from Cornell University.

On September 18, 2026, Michael Otworth and John Hewitt resigned from the Innventure Board to further increase the Innventure Board’s independence. In connection with Mr. Madon’s appointment and these resignations, the Board reduced its authorized size from eight to seven directors. Six of the seven directors will be independent. Mr. Hewitt will continue to serve as the Chief Executive Officer of Accelsius; Mr. Otworth will provide transitional advisory services to the Company.

“Our Board remains fully engaged as Innventure executes its operating, capital allocation and strategic priorities, with independent oversight being central to our work,” said Bruce Brown, independent Chairman of the Board. Mr. Brown continued, “We are pleased to welcome Michael Madon, whose significant experience will further strengthen the Board’s ability to provide rigorous oversight and hold management accountable to shareholders. The Board is well positioned to oversee execution and maintain a clear focus on long-term shareholder value.”

About Innventure

Innventure (NASDAQ: INV) builds and scales the companies that it has founded as they commercialize new technologies. Innventure is focused on preserving and maximizing the value of its operating company interests for shareholders through disciplined capital allocation, focused execution, strong governance, and strategic initiatives. Learn more at innventure.com.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are often identified by future or conditional words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “will,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions), but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements are based on the current assumptions and expectations of future events that are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.

These risks and uncertainties include, but are not limited to, those factors described in Innventure’s public filings with the U.S. Securities and Exchange Commission, including, but not limited to, the following: Innventure’s ability to preserve and increase the value of its interest in Accelsius; Innventure’s ability to control costs while retaining Innventure’s core capabilities; Innventure’s and its subsidiaries’ ability to execute on their strategies, book sales and achieve future financial performance; developments and projections relating to Innventure’s and its subsidiaries’ competitors and industry; the implementation, adoption, market acceptance and success of Innventure’s and its subsidiaries’ products, business models and growth strategies; Innventure’s and its subsidiaries’ ability to generate sufficient revenue and operating cash flow; the timing and magnitude of expected cash expenditures; the availability, timing and terms of additional financing, including debt or equity financing; market conditions affecting access to capital; potential dilution resulting from future financings; Innventure’s ability to successfully implement cost reduction initiatives; risks related to recent shareholder litigation; changes in economic conditions; competitive pressures; regulatory developments; and Innventure’s ability to maintain control over its subsidiaries.

Forward‑looking statements speak only as of the date of this release, and Innventure undertakes no obligation to update them except as required by law.

Investor Relations Contact: Kyle Nagarkar, Solebury Strategic Communications
investorrelations@innventure.com 

Media Contact: Gabriel Hasson, ICR Inc. / Phil Denning, ICR Inc.
Innventure@ICRinc.com

Building on its AI soldier gear breakthrough earlier this year, the 25-year-old defense innovator solidifies its role at the vanguard of defense tech

ROCHESTER, NEW YORK, Sept. 21, 2026 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a leading provider of deep tech for the defense, space, and AI data centers, today announced the most critical order in its 25-year history: a monumental order to enable vital U.S. Space Force infrastructure and advanced reconnaissance operations. 

“This is the most significant milestone in our over the quarter-century history,” said Dean Rudy, CFO. “Working alongside the nation’s greatest minds, we are proud to scale our technology to protect our skies and secure the country’s future.”

Strategic Alignment with National Defense Priorities

This milestone arrives at a pivotal inflection point for national defense, directly aligning with a sweeping prioritization of space as a primary security frontier. Air Force Secretary Troy Meink spoke at the Air & Space Forces Association’s annual conference in Maryland, providing the first-ever public confirmation: “The threat is changing actually faster than thought possible.” 

Syntec’s advanced technology positions the company at the forefront of this vital, rapidly evolving operational landscape.

Meink’s landmark doctrine shift followed an executive order issued by the U.S. President to establish a commission to further advance space as a core defense arm. Further underscoring the urgency of these developments, NASA Administrator Jared Isaacman stressed the vital nature of these defense commitments in a recent interview, stating, “I’d be extremely concerned if we didn’t have the United States Space Force looking out for us.” 

Advanced Optics for Next-Gen Satellite Constellations

To meet this imperative national security need, Syntec will contribute by building optics for government satellite constellations that are intended to protect the country. The U.S. National Reconnaissance Office (NRO) is beginning to build out the constellation, and the U.S. Space Force can use the information sent down to help keep our military safe. NRO states that having hundreds of satellites as part of this constellation shall provide greater reconnaissance revisit rates, increased coverage, and eliminate single points of failure when satellites are attacked by the enemy. The farthest reaches of the planet are within our grasp—to see it, hear it, and sense it.

Syntec’s optics can survive the hot and freezing temperatures of space, and they can very accurately track things on Earth in real time without missing a beat.

Matt Carey, vice president at Syntec and ex-Marine, said, “Because we already know how to make thousands of optics for amazing communication satellites, we are ready to help with reconnaissance. Our military—the Army, Navy, Air Force, and Coast Guard—all need sharp, clear views of Earth to do their jobs.” He added, “We have talked about convergence of space and defense futures all year; our team is excited to help out.”

Syntec will contribute to gathering critical information that can be beamed safely and very fast straight from space down to military bases on Earth, without needing ground stations that could break down.

Growing Backlog

Dean Rudy, the company’s CFO, added, “The NRO is funding a giant network of low-flying satellites, and the Space Force is going to keep growing that network through the rest of the 2020s. With the dawn of the space age 60 years ago in America, we are now at a tipping point of the limitless potential of space to make our nation even safer and stronger. We are beginning to build a pro forma for space product lines in excess of $100 million in backlog.”

Syntec has already built thousands of special laser connections so satellites can talk to each other in space, and is fully ready to help defend the United States.  

About Syntec Optics

Headquartered in Rochester, N.Y., Syntec Optics Holdings, Inc. (NASDAQ: OPTX) is one of the nation’s largest bespoke manufacturers of high-precision optics and photonics. With a dedicated team of nearly 180 employees, the company pushes the limits of light-based technologies to connect and protect the world. Syntec supports critical missions ranging from low-Earth-orbit satellites to advanced connected-battlefield defense platforms, AI data centers, and life sciences. As light-enabled technologies continue to account for a significant portion of global economic output—representing nearly $16 trillion of the $106 trillion in total worldwide production as of 2023—Syntec Optics remains positioned at the forefront of the modern optical revolution.

For more information, visit syntecoptics.com.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to the intended use of net proceeds from the public offering, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Syntec Optics), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Syntec Optics and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) risk outlined in any prior SEC filings; 2) ability of Syntec Optics to successfully increase market penetration into its target markets; 3) the addressable markets that Syntec Optics intends to target do not grow as expected; 4) the loss of any key executives; 5) the loss of any relationships with key suppliers including suppliers abroad; 6) the loss of any relationships with key customers; 7) the inability to protect Syntec Optics’ patents and other intellectual property; 8) the failure to successfully execute manufacturing of announced products in a timely manner or at all, or to scale to mass production; 9) costs related to any further business combination; 10) changes in applicable laws or regulations; 11) the possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) Syntec Optics’ estimates of its growth and projected financial results for the future and meeting or satisfying the underlying assumptions with respect thereto; 13) the impact of any pandemic, including any mutations or variants thereof and the Russian/Ukrainian or Israeli conflict, and any resulting effect on business and financial conditions; 14) inability to complete any investments or borrowings in connection with any organic or inorganic growth; 15) the potential for events or circumstances that result in Syntec Optics’ failure to timely achieve the anticipated benefits of Syntec Optics’ customer arrangements; and 16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in prior SEC filings. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Syntec Optics does not give any assurance that Syntec Optics will achieve its expected results. Syntec Optics does not undertake any duty to update these forward-looking statements except as otherwise required by law.

For further information, please contact:

Investor Relations

InvestorRelations@syntecoptics.com 

SOURCE: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)

Poster presentations further characterize clinical profile of HLP003 and 
Phase 3 PARADIGM program evaluating HLP003 as a potential adjunctive treatment
for major depressive disorder (“MDD”)

NEW YORK and TORONTO, Sept. 21, 2026 (GLOBE NEWSWIRE) — Helus Pharma (Nasdaq: HELP) (Cboe CA: HELP) (the “Company” or “Helus Pharma”), a clinical-stage pharmaceutical company committed to helping minds heal by developing novel serotonergic agonists (“NSAs”), today announced the presentation of four posters evaluating HLP003, an investigational oral deuterated psilocin analog being developed as an adjunctive treatment for MDD, at Psych Congress 2026, September 15–19, 2026, at the Ernest N. Morial Convention Center in New Orleans, Louisiana.

Three of the poster presentations build on findings from Helus Pharma’s completed Phase 1/2a randomized, double-blind study of HLP003 as a potential adjunctive therapy in participants with MDD. Data presented includes 12-month efficacy results. A trial-in-progress overview of PARADIGM, the ongoing Phase 3 clinical program of HLP003 was also presented.

Poster #1

• Title: Effects of HLP003 on MADRS Individual Items and Anhedonia Subscale in Adults With Major Depressive Disorder: Post Hoc Analysis of a Phase 1/2a Study 
• Authors: Atul R. Mahableshwarkar, MD; Ken Kramer, PhD; Alexandra Kulikova, PhD; Amir Inamdar, MBBS, DNB (Psych), MFPM
• Poster Number:124

Poster #2

• Title: Understanding and Assessing the Psychedelic Experience From a Phase 1/2a Study of the Deuterated Psilocin Analog HLP003 in Adults With Major Depressive Disorder
• Authors: Atul R. Mahableshwarkar, MD; Sunita Shinde, MD; Ken Kramer, PhD; Alexandra Kulikova, PhD; Amir Inamdar, MBBS, DNB (Psych), MFPM
• Poster Number: 123

Poster #3

• Title: Expanded Safety Analysis of the Deuterated Psilocin Analog HLP003 From a Phase 1/2a Study of Adult Participants With Major Depressive Disorder
• Authors: Sunita Shinde, MD; Alexandra Kulikova, PhD; Atul Mahableshwarkar, MD; Ken Kramer, PhD; Amir Inamdar, MBBS, DNB (Psych), MFPM
• Poster Number: 122

Poster #4

• Title: A Phase 3 Clinical Program Evaluating the Efficacy and Safety of the Deuterated Psilocin Analog HLP003 as an Adjunctive Treatment for Major Depressive Disorder (PARADIGM)
• Authors: Amir Inamdar, MBBS, DNB (Psych), MFPM; Annette Massa, PharmD; Ken Kramer, PhD; Heather Prichard, PhD; Sunita Shinde, MD; Atul Mahableshwarkar, MD
• Poster Number: 121

About Helus Pharma

Helus Pharma, the commercial operating name of Cybin Inc., is a clinical-stage pharmaceutical company committed to helping minds heal by developing proprietary NSAs, synthetic molecules designed to activate serotonin pathways that are believed to promote neuroplasticity. The Company’s proprietary NSAs are intended to address the large unmet need for people who suffer from depression, anxiety, and other mental health conditions.

With class-leading data, Helus Pharma aims to improve the treatment landscape through the introduction of NSAs that aim to provide durable improvements in mental health. Helus Pharma is currently developing HLP003, a proprietary NSA, in Phase 3 clinical development for the adjunctive treatment of MDD that has received Breakthrough Therapy Designation from the U.S. Food and Drug Administration and HLP004, also a proprietary NSA in Phase 2 for generalized anxiety disorder. Additionally, Helus Pharma has an extensive research portfolio of investigational NSAs.

The Company operates in Canada, the United States, the United Kingdom, and Ireland. For Company updates and to learn more about Helus Pharma, visit www.helus.com or follow the team on X, LinkedIn, YouTube and Instagram. Helus Pharma™ is a trademark of Helus Pharma Corp.

Cautionary Notes and Forward-Looking Statements

Certain statements in this news release relating to the Company are forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, “forward-looking statements”) and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “could”, “potential”, “possible”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding HLP003 as a potential adjunctive treatment for MDD; and the Company’s plans to engineer proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for mental health conditions.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the NSA market; the ability of the Company to successfully achieve its business objectives; plans for growth; political, social and environmental uncertainties; employee relations; the presence of laws and regulations that may impose restrictions in the markets where the Company operates; implications of disease outbreaks on the Company’s operations; and the risk factors set out in each of the Company’s management’s discussion and analysis for the three months ended June 30, 2026, and the Company’s annual information form for the year ended March 31, 2026, which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca/ and with the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov/edgar. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

The Company makes no medical, treatment or health benefit claims about the Company’s proposed products. The U.S. Food and Drug Administration, Health Canada or other similar regulatory authorities have not evaluated claims regarding NSAs or HLP003, HLP004 and other programs of the Company. The efficacy of such products has not been confirmed by approved research. There is no assurance that the use of NSAs, HLP003, HLP004 or other programs of the Company can diagnose, treat, cure or prevent any disease or condition. Rigorous scientific research and clinical trials are needed. If Helus Pharma cannot obtain the approvals or research necessary to commercialize its business, it may have a material adverse effect on the Company’s performance and operations.

Neither Cboe Canada, nor the Nasdaq Global Market stock exchange, have approved or disapproved the contents of this news release and are not responsible for the adequacy and accuracy of the contents herein.

Investor Contact:
Matthew Beck
astr partners
Managing Partner
(917) 415-1750
Matthew.beck@astrpartners.com

Gabriel Fahel
Chief Legal Officer
Helus Pharma
1-866-292-4601
irteam@helus.com – or – media@helus.com

Media Contact:
Victoria Verdeja
RXMD
Public Relations Director
(212) 537-9495
vverdeja@rxmedyn.com

• This year’s theme, “Evolution Fueled by Legacy,” reminds aviation professionals that sharing the wisdom gained from past experiences can help lead to a safer, more resilient future for generations to follow
• Free-to-attend safety seminars provide lifelong learning opportunities for a wide cross-section of industry professionals
• Jam-packed lineup includes must-attend educational seminar sessions focusing on building a safety culture, reimagining team dynamics and more

MONTREAL, Sept. 21, 2026 (GLOBE NEWSWIRE) — Bombardier today announced that its highly-influential Safety Standdown safety seminar is returning to Wichita, Kansas on November 10-12, celebrating 30 years of Bombardier-led knowledge-based training in one of America’s most important aviation hubs. Bringing together aviation professionals from across America and around the world, this free-to-attend three-day seminar will be held in person and online and will feature unique learning opportunities, dynamic workshops and cutting-edge presentations by key industry thought leaders. The seminar is open to all aviation professionals from all manufacturers, regardless of the aircraft type they operate.

The theme for the milestone 30^th anniversary event focuses on “Evolution Fueled by Legacy,” reminding aviation professionals that progress doesn’t happen by chance. It happens because they choose to learn, adapt, and act. The wisdom gained from past experiences, for example, helps pave the way for our future, providing the foundation for tomorrow. Registration for this year’s milestone event is now open.

“For 30 years, Bombardier’s Safety Standdown has provided aviation professionals with invaluable opportunities to glean new perspectives on safety, helping them evolve and grow in every aspect of flight operations,” said Chris Milligan, Vice President, Pre-owned Aircraft Services and Flight Operations, Bombardier. “This free-to-attend conference is coming back to Wichita, the air capital of the world, again this year to provide aviation professionals with an opportunity to hone their skills by enabling sought-after industry experts to share invaluable information about aviation safety – and we are honoured to be safety stewards, leading the way for a better tomorrow.”

Since its inception, Safety Standdown has offered free safety-based educational opportunities for a wide range of aviation professionals. Bombardier works closely with its advisory council and key sponsors to ensure this seminar remains free of charge and explores safety knowledge-based learning in all sectors of the aviation industry.

First conceived by a group of Learjet demonstration pilots who were determined to make the Bombardier flight demonstration team in Wichita the safest in the industry, Safety Standdown continues to grow in size and scope. Attendees span the industry spectrum from flight crews and maintenance technicians to flight dispatchers and schedulers. They also represent a wide range of corporate, commercial and military organizations. Since its inception, more than 10,000 aviation professionals have attended Safety Standdown seminars worldwide, either at live seminars or through its webcasts.

Headlining this year’s seminar, as in previous years, is the popular Dr. Tony Kern, CEO of Convergent Performance. Dr. Kern will kick off this year’s event with a provocative keynote that traces a direct line from John Boyd’s legendary combat instincts to the algorithms now reshaping how we perceive risk. Other poignant presentations at this year’s milestone event include: Ivan Pupulidy, PhD, University of Alabama at Birmingham and author of “Human & Organization Potential”, exploring “Risk: The Untold Story”; Jermaine Cadogan, a 20-plus year retired U.S. Marine Corps Major who enlisted in the U.S. Marine Corps as an Aviation Ordnance Marine presenting, “Building a Culture of Excellence & Proactive Compliance”; and Tim Wade, Corporate Director of Environmental, Health & Safety, Flexjet sharing, “What you lead, you leave”, a look at the importance of sharing your safety legacy. The full program for Bombardier’s 30^th Safety Standdown can be found here.

About Bombardier

At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.

For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.

Bombardier customers operate a fleet of more than 5,200 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service centres across six countries. Bombardier’s performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious “Red Dot: Best of the Best” award for Brands and Communication Design.

For Information

For corporate news and information, including Bombardier’s Sustainability report, as well as the company’s initiative to cover all its flight operations with a Sustainable Aviation Fuel (SAF) blend utilizing the Book-and-Claim system visit bombardier.com.

Learn more about Bombardier’s industry-leading products and customer service network at bombardier.com. Follow us on X @Bombardier.

Media Contacts
General media contact webform

Matthew Nicholls
+1-514-243-8214
Matthew.Nicholls@aero.bombardier.com

Bombardier, Learjet and Safety Standdown are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a043f5b8-5427-414d-ba6b-8f6048f0b381