Author: Ravi Shankar

Patent submission by its QuantumQ Security operation seeks to protect ownership of proprietary quantum technology against unauthorized copying and redistribution

TEL AVIV, Israel, Sept. 24, 2026 (GLOBE NEWSWIRE) — Quantum X Labs Ltd. (“Quantum X Labs” or the “Company”), a quantum technology company developing technologies across quantum computing, quantum security, quantum software and quantum sensing, today announced that its quantum security operation, QuantumQ Security, has submitted an U.S. patent application with the United States Patent and Trademark Office, titled “Watermarking of Quantum Circuits Using Decomposition of Weyl (KAK) Coordinates in Two-Qubit Blocks.”

This is another quantum cyber milestone and announcement following the appointment of former Mossad chief Yossi Cohen as the President of the Company’s Scientific Advisory Board who, among other duties, will contribute to the expansion of QXL into defense and security markets.

The patent submission relates to a security approach designed to address an emerging challenge in the commercialization of quantum computing: protecting the ownership and intellectual property of quantum circuits against unauthorized copying, redistribution and use. As quantum computing advances toward broader commercial deployment, proprietary quantum algorithms and circuits may represent increasingly valuable intellectual property. Quantum circuits are optimized and decomposed into elementary gates before being executed on quantum hardware, including through third-party or cloud-based quantum computing environments. This process may create potential exposure of proprietary quantum designs to unauthorized access, copying or redistribution.

QuantumQ Security’s patent submission seeks to establish a method for embedding identifiable ownership information within quantum technology through the decomposition of Weyl, or KAK, coordinates in two-qubit blocks. The objective is to enable an owner to subsequently verify ownership while seeking to limit the computational overhead and fidelity degradation that can arise from certain existing watermarking techniques.

Watermarking in this context refers to modifying a quantum computation in a controlled manner so that an embedded signature can be associated with an authorized owner. Unlike conventional digital watermarking, quantum watermarking must operate within the unique constraints of quantum computation, where additional gates and increased circuit depth can introduce additional noise and potentially reduce execution fidelity.

This challenge is particularly relevant to Noisy Intermediate-Scale Quantum (“NISQ”) systems, where quantum resources remain constrained and qubits are susceptible to errors. Security mechanisms intended for these systems therefore need to consider not only their ability to establish ownership, but also their potential effect on circuit depth, two-qubit gate counts and overall performance. The Company believes that the ability to establish and verify ownership of proprietary quantum technology could become increasingly important as quantum computing evolves toward cloud-based and distributed models in which developers may execute proprietary algorithms on quantum infrastructure controlled by third parties.

The patent submission forms part of QuantumQ Security’s broader strategy of developing security technologies specifically for the emerging quantum computing ecosystem. Rather than focusing solely on adapting classical cybersecurity methods to address quantum-related threats, QuantumQ Security is developing technologies intended to use the properties and architecture of quantum systems themselves as part of the security framework.

“As quantum computing becomes increasingly commercialized, proprietary quantum algorithms and the circuits implementing them could become highly valuable intellectual property,” said Prof. Nir Sharon, Chief Technology Scientist of Quantum X Labs. “A developer may eventually need to send proprietary quantum technology to computing infrastructure that it does not own or control. Our work is focused on creating a mechanism through which ownership can effectively travel with that technology, while seeking to minimize the computational burden associated with that protection.”

The patent submission represents another component of QuantumQ Security’s developing multi-layer quantum security architecture, which is focused on detection, protection and verification across the quantum computing lifecycle.

Quantum X Labs intends to continue the theoretical evaluation, simulation and testing of the watermarking technology as part of its development process.

About Quantum X Labs Inc.

Quantum X Labs Inc. and its subsidiaries are focused on quantum technology, digital advertising and computing and enterprise artificial intelligence (AI) solutions. Quantum X Labs Ltd. is focused on developing and promoting quantum algorithms for the transportation, drug discovery and security segments as well as developing quantum- based GPS replacement and quantum atom accuracy solutions. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software and offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.

For more information about Quantum X Labs, visit https://quantumxlabs.xyz/

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Forward-looking statements contained in this press release include, but are not limited to, statements regarding Quantum X Labs’ and its subsidiaries’ strategic and business plans, technology, relationships, objectives and expectations for its business, growth, the impact of trends on and interest in its business, intellectual property, products and its future results, operations and financial performance and condition and may be identified by the use of words such as “may,” “seek,” “will,” “consider,” “likely,” “assume,” “estimate,” “expect,” “anticipate,” “intend,” “believe,” “do not believe,” “aim,” “predict,” “plan,” “project,” “continue,” “potential,” “guidance,” “objective,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target,” “on track” or their negatives or variations, and similar terminology and words of similar import, generally involve future or forward-looking statements. For example, the Company is using forward-looking statements when it discusses the expected benefits, capabilities, development, testing and potential commercialization of its quantum security technologies; the ability of such technologies to protect and verify ownership of quantum intellectual property; the future growth and needs of the quantum computing market; the Company’s strategy and plans for QuantumQ Security and its multi-layer quantum security architecture; the anticipated contribution and impact of Mr. Yossi Cohen’s appointment as President of the Scientific Advisory Board, including the Company’s expansion into defense and security markets; and the Company’s future research, evaluation and development activities. The Company cannot assure that any patent will issue as a result of a pending patent application or, if issued, whether it will issue in a form that will be advantageous to the Company. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s most recent Annual Report on 10-K and in subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Quantum X Labs is not responsible for the content of third-party websites.

Investor Relations Contacts:

Michal Efraty
Investor Relations
michal@efraty.com 

SAN DIEGO, Sept. 24, 2026 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Jon Burnett, Dan Fowler and Chad Carlile have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. Together, the advisors reported serving approximately $430 million in advisory, brokerage and retirement plan assets* and join LPL from Raymond James.

Based throughout the Texas Panhandle and West Texas, Burnett Financial Services, Fowler Investment Services and Carlile Investment Services serve a diverse client base that includes farmers, ranchers, oil and gas professionals, business owners and multigenerational families. While each practice operates independently, the advisors have worked together for more than 14 years and share a collaborative approach to serving clients.

Meet Burnett Financial Services

Based in Amarillo, Texas, Burnett Financial Services is led by financial advisor Jon Burnett. Burnett has nearly three decades of industry experience serving individuals, families and business owners throughout the region. Some of Burnett’s clients’ families are now in their fourth generation of working with his team.

“We’ve always believed financial planning is about building relationships that last,” Burnett said. “Many of our clients have become like extended family over the years, and it’s incredibly rewarding to help guide multiple generations through life’s milestones. Our goal is to be a trusted resource, helping clients make informed decisions and stay focused on what matters most to them.”

Burnett said returning to LPL felt like a natural fit after working with the firm for many years.

“Coming back to LPL feels like a full-circle moment for us,” he said. “We were already familiar with the platform, technology and support model, and we’re excited to once again align our business with a firm that shares our commitment to independent guidance and putting clients first. LPL’s technology, flexibility and advisor-focused culture position us well for the future.”

Supporting the practice is Ryan Houk who has worked with Burnett and his clients for approximately 15 years.

Meet Fowler Investment Services

Fowler Investment Services is based in Pampa, Texas, and is led by financial advisor Dan Fowler, who has worked in financial services since 2012. While working with his clients, Fowler focuses on developing personalized strategies tailored to each client’s goals and circumstances.

“We take the time to understand what is most important to our clients and then build a strategy around those priorities,” Fowler said. “Whether it’s preparing for retirement, navigating a business transition or planning for future generations, our goal is to provide thoughtful guidance and long-term support.”

For Fowler, LPL’s technology capabilities and his familiarity with the platform were significant factors in the decision to affiliate with the firm.

“LPL gives us access to the tools, investment solutions and operational support we need to serve clients efficiently and effectively,” Fowler said. “We’re already familiar with the platform, and we believe the firm’s ongoing investment in technology and advisor resources will benefit both our practice and our clients for years to come.”

Meet Carlile Investment Services

Based in Lubbock, Texas, Carlile Investment Services is led by financial advisor Chad Carlile who has more than two decades of industry experience serving clients across West Texas. His approach centers on building long-term relationships with clients and helping them navigate complex financial decisions with clarity and confidence.

“Our clients value having an experienced partner who understands their goals, their families and the unique circumstances they face,” Carlile said. “We focus on creating personalized strategies and being there for clients through every stage of life, helping them make informed decisions and feel confident about their future.”

Carlile cited LPL’s transition support, technology and familiarity as key drivers behind the move.

“There was a high level of trust because we knew the platform and the people behind it,” Carlile said. “The transition team has been exceptional, and the entire process reinforced that we were making the right decision. LPL provides the resources, support and flexibility we were looking for, and we’re excited about what lies ahead.”

Supporting the practice is Cyan Batchelor who has worked alongside Carlile and his clients for approximately 20 years.

Marc Cohen, chief growth officer at LPL Financial, said, “Building an enduring business requires adaptability, long-term vision and a commitment to continually evolving alongside clients’ needs. Jon, Dan, and Chad have each built firms with strong reputations across Texas, earning the confidence of the communities they serve along the way. We are honored they selected LPL as a partner for their next chapter and look forward to supporting their continued growth and success.”

Related

Advisors, learn how LPL Financial can help take your business to the next level.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 32,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $2.6 trillion in brokerage and advisory assets on behalf of approximately 8 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Burnett Financial Services, Fowler Investment Services and Carlile Investment Services and LPL Financial are separate entities.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

*Value approximated based on asset and holding details provided to LPL from end of year, 2025.

Media Contact: 
Media.relations@LPLFinancial.com  

Tracking #1177091

New York, Sept. 24, 2026 (GLOBE NEWSWIRE) — Columbus Acquisition Corp (the “Company”), a blank check company, today announced additional information regarding the time and location of its Extraordinary General Meeting of the Shareholders (the “Meeting”) that will be reconvened on September 28, 2026. The Meeting will be held at 9:00 a.m. Eastern Time on September 28, 2026 at the offices of Loeb & Loeb LLP, 345 Park Avenue, New York, NY 10154, and virtually via teleconference using the following dial-in information:

Telephone access:
Within the U.S.: and Canada: 1 800-450-7155 (toll-free)
Outside of the U.S. and Canada: +1 857-999-9155 (standard rates apply)
Phone conference ID: 5870682#

Except for the meeting time and access information provided above, the Company’s previously announced information concerning the Meeting remains unchanged.

About Columbus Acquisition Corp

Columbus Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Columbus is led by Fen “Eric” Zhang, Chairman and Chief Executive Officer, and Jie “Janet” Hu, Chief Financial Officer, who are growth-oriented executives with a long track record of value creation across industries. 

Forward Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including but not limited to the date of the Meeting, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Additional Information and Where to Find It

On August 19, 2026, the Company filed a definitive proxy statement with the SEC in connection with its solicitation of proxies for the Meeting. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the website maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

Participants in the Solicitation

The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

Contact

Fen Zhang
Chairman and Chief Executive Officer
Email: eric.zhang@herculescapital.group 
Tel: (+1) 949 899 1827 

LAS VEGAS, NEVADA, Sept. 24, 2026 (GLOBE NEWSWIRE) — Avaí Bio, Inc. (OTCQB: AVAI) (“Avaí” or the “Company”), together with joint venture partner Austrianova, today announced that Prof. Walter H. Günzburg presented the companies’ encapsulated-cell approach to sustained α-Klotho delivery at the Second Annual Klotho Conference, held September 18–19 in Miami.

The 20-minute talk outlined how Austrianova’s Cell-in-a-Box^® technology is being applied through Klothonova, the 50/50 joint venture formed by Avaí Bio and Austrianova in 2025, to develop implanted, encapsulated cells designed for long-term production of α-Klotho.

Prof. Günzburg, Co-Founder and Chief Technology Officer of Austrianova, spoke on behalf of Avaí Bio, Austrianova, and Klothonova. The presentation reviewed what cell encapsulation is intended to provide in this setting: a contained, implantable format designed to support continuous protein secretion while protecting the cells from immune attack. He also updated attendees on Klothonova’s latest development activity around an encapsulated cell product based on the companies’ α-Klotho-producing cell line.

To view Prof. Günzburg’s presentation, visit: https://youtu.be/zDaeLg8SI2w

The program remains preclinical. Avaí Bio and Austrianova have previously reported completion of a GMP master cell bank of genetically modified cells engineered to overexpress α-Klotho, subsequent adventitious-agent and viral testing, and establishment of a working cell bank to support further process development.

“Cell encapsulation is intended to turn a living cell line into a durable delivery system,” Prof. Günzburg said. “Our objective with Klothonova is to evaluate whether encapsulated cells can provide a more sustained source of α-Klotho than repeated dosing of the protein itself.”

The Second Annual Klotho Conference brought together researchers, clinicians, biotechnology companies, investors, and the broader longevity community to review progress in translating Klotho biology toward healthspan applications. The meeting was co-chaired by Dr. Carmela R. Abraham and Howard J. Leonhardt. Dr. Makoto Kuro-o delivered the keynote address.

About Avaí Bio, Inc.
Avaí Bio, Inc. is an emerging biotechnology company focused on identifying genetically modified cell lines, and through joint venture and licensing agreements developing innovative cell-based therapies.

About Austrianova (SGAustria Pte. Ltd.)
Austrianova, based in Singapore, is a leading biotechnology company specializing in cell encapsulation, GMP-grade cell products, and cell line development, backed by over 50 peer-reviewed publications and partnerships with global pharmaceutical and biotech companies.

More information about Avaí Bio can be found at https://www.avaibio.com
More information about Austrianova can be found at https://austrianova.com

You can also follow us on social media at:

https://x.com/AvaiBio
https://www.facebook.com/AvaiBio
https://www.youtube.com/@AvaiBio
https://www.facebook.com/Austrianova

Forward-Looking Statements
Certain statements contained in this press release may constitute “forward-looking statements.”  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact.  Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date after the date of the press release.

CONTACT: Avaí Bio, Inc.
info@avaibio.com

Ness Ziona, Israel, Sept. 24, 2026 (GLOBE NEWSWIRE) —

• Record first half revenue of $1.55 million, up 438%, at a 61% gross margin, all generated by the AME and Quantum segment in its first 86 days after being acquired by QTREX
• INSU300, the first native RF dielectric developed specifically for superconducting quantum computing, launched September 23, 2026, with a dedicated AME system; initial deployments at two government and defense organizations for validation in their own systems
• Company expects to announce additional commercial agreements in the fourth quarter and to provide a 2027 financial outlook

QTREX Quantum Ltd. (Nasdaq: QTEX) (“QTREX” or the “Company”), a company focused on advancing Additively Manufactured Electronics (“AME”) for quantum computing infrastructure, today reported financial results for the six months ended June 30, 2026, and provided a business update.

Revenue reached a record $1.55 million, up approximately 438% from $289,000 in the first half of 2025, with a consolidated gross margin of 61%. All revenue was generated by the AME and Quantum segment in its first 86 days under QTREX following the acquisition on April 6, 2026. The year-over-year comparison reflects the addition of the acquired business. The Company expects to announce additional commercial agreements during the fourth quarter and, in the same quarter, to provide a financial outlook for 2027.

First Half 2026 Financial Highlights

• Completed the acquisition of the AME platform on April 6, 2026 for $2.0 million in cash at closing, with contingent consideration payable only out of net cash collected from the sale of inventory and property acquired with the business over the following twelve months.
• Revenue of $1.55 million comprised $1.24 million from products and $313,000 from services, all within the AME and Quantum segment.
• Consolidated gross profit of $944,000, representing a gross margin of approximately 61%.
• Cash, cash equivalents and deposits of $10.7 million on June 30, 2026, compared with $3.2 million on December 31, 2025.
• Net cash used in operating activities of $3.9 million, compared with $5.1 million in the first half of 2025.

Business Highlights

The Company is using its acquired AME platform to develop proprietary materials and integrated cryogenic components that address the thermal load, wiring density and signal integrity challenges of scaling superconducting quantum computers. Progress since the acquisition:

• Progress with a leading quantum computing company. Following the joint technical evaluation announced on May 21, 2026, with one of the world’s five leading quantum computing companies, additional requirements have been agreed and several stages of testing completed on parameters required for its systems.
• INSU300 launch and validation deployments. Launched INSU300 and a dedicated AME system on September 23, 2026, meeting the target set in August. The material is being provided to two government and defense organizations for validation and testing within their own systems.
• Industry presence. Presented the interconnect architecture designed to support 17,280 coaxial lines per cryogenic stage at IEEE Quantum Week in Toronto, and exhibited the multistage demonstrator built with INSU300 at Quantum World Congress in College Park, Maryland.
• Transition to customer production. One of the largest U.S. interconnect manufacturers, with established product lines for quantum computing applications, moved its AME system from development to production following a validation program in which the manufacturing process achieved a 97% yield.
• Quantum infrastructure components. Received a commercial order for customized shielded RF monolithic components from a leading government-owned international company and began production. Separately, produced a cryogenic chip carrier to the specifications of one of the world’s largest U.S.-based technology companies developing full-stack quantum computing systems.
• Government and defense activity. QTREX AME systems operate at two U.S. government laboratories with quantum programs. On September 2, 2026, the Company announced that one of Israel’s three largest defense companies had begun deployment of its AME technology under a phased program.

CEO Update

Dagi Ben-Noon, Chief Executive Officer of QTREX, commented:

“Less than two months after entering quantum computing, QTREX had already begun a joint technical evaluation with one of the world’s five leading quantum computing companies. Since then, we have agreed additional requirements and completed several testing stages addressing specific parameters of its systems, advancing toward the performance and integration requirements of a partner at this level.

“In less than six months, we have built a network of customers and collaborators that includes Qarakal Quantum, U.S. government laboratories, defense companies and organizations, and academic institutions. This pace is the direct result of acquiring a business our leadership knows inside and out. That operational knowledge enabled seamless integration of its technology, people and manufacturing capabilities into QTREX and immediate execution of our quantum strategy.

“With INSU300, we launched the material and the dedicated system on the timetable we set. The initial deployments at two government and defense organizations are for validation within their own systems. For future commercial deployments, our model is to provide the system and sell the material customers consume. Our objective is to convert successful validation into ongoing commercial use, expand installations and grow material sales as customers increase their activity.

“We are building QTREX to become a dominant technology provider for superconducting quantum computing. Bringing proprietary materials, manufacturing processes and component design into one platform opens multiple paths for integration across the hardware of these systems. Our strategy is to embed QTREX technology in critical parts of the quantum computer and continually expand the range of functions we can deliver.

“Our development work is already addressing thermal load, signal integrity and the physical constraints of scaling these systems. We are using our manufacturing capabilities and working with partners to advance new materials and integrated components from design through testing and qualification. Our current products and commercial activity provide the foundation for this broader research and development effort and the business we intend to build around it.

“We are advancing ongoing technical and commercial discussions with several of the largest companies in quantum computing about supplying our cryogenic connectivity and meeting their integration requirements. Our participation in IEEE Quantum Week and Quantum World Congress this month supported this ongoing work through further technical exchanges and introductions to additional organizations. In parallel, we are working on transactions that would add established revenue and manufacturing capability to QTREX.

“The pace we have established sets the bar for what comes next, and what we have announced so far is a small part of what is in motion. I expect to announce additional commercial agreements during the fourth quarter, when we will also provide our 2027 financial outlook describing a substantially larger business than the one we report today. I expect the next twelve months to bring significant revenue growth, strategic partnerships, broader customer adoption and increased product deliveries.”

Financial Results

Revenue for the six months ended June 30, 2026 included $1.24 million from sales of AME systems, proprietary inks, other consumables and spare parts, and $313,000 from installation, training, support and maintenance services. Gross margin reflected the mix of systems, consumables and services recognized during the period.

Total operating expenses were $7.9 million, compared with $7.2 million in the first half of 2025. The increase primarily reflected research and development expenses associated with the acquired AME and Quantum operations, partly offset by lower general and administrative expenses, primarily lower share-based compensation.

The AME and Quantum segment recorded operating expenses of $2.4 million and an operating loss of $1.4 million in its first 86 days under QTREX. The Medical Technology segment, which recorded no revenue and also carries corporate and public company costs, accounted for the remaining $5.5 million of operating loss. The Company continues to pursue transactions to monetize its medical technology assets.

Consolidated operating loss was $6.9 million, compared with $7.2 million in the first half of 2025. Net loss was $6.4 million, or $0.14 per share, compared with $6.4 million, or $0.24 per share.

Cash Position and Financing

Cash, cash equivalents and deposits totaled $10.7 million at June 30, 2026, compared with $3.2 million at December 31, 2025.

Net cash used in operating activities was $3.9 million, compared with $5.1 million in the first half of 2025. Operating cash flow included the effects of a $2.1 million increase in other accounts payable, a $573,000 increase in accounts receivable and a $443,000 decrease from sale of inventory during the period.

Net cash used in investing activities was $2.0 million, primarily consisting of the cash paid at the closing of the AME and Quantum acquisition. Net cash provided by financing activities was $13.5 million, principally from the registered direct offering completed in February 2026 and the private placement offering completed on June 1, 2026.

On August 20, 2026, after the period end, the Company conducted a registered direct offering consisting of 11,111,111 ordinary shares sold at a purchase price of $0.90 per share, raising approximately $10 million in gross proceeds and approximately $9.2 million net of offering costs. These proceeds are not included in the June 30 cash balance.

Further discussion of liquidity and capital resources is included in the Management’s Discussion and Analysis furnished with the Company’s Report on Form 6-K.

Outlook

The Company expects the fourth quarter of 2026 to be its most active commercial period to date. It expects to announce additional commercial agreements during the quarter and, in the same quarter, to provide a financial outlook for 2027 that reflects a substantially larger business. In addition, the Company has completed a joint work plan with a U.S. national laboratory and is targeting formalization of the collaboration during the quarter, subject to the laboratory’s review and approval process.

Selected Financial Information

Unaudited. U.S. dollars in thousands, except share and per share data. To be read together with the Company’s unaudited condensed interim consolidated financial statements and notes for the six months ended June 30, 2026, furnished on Form 6-K.

Unaudited Condensed Consolidated Statements of Comprehensive Loss

				Six months ended June 30,						Six months ended June 30,
				2026						2025
Revenues						1,554						289
Cost of revenues						(610		)				(287		)
Gross Profit						944						2
Research and development expenses						(4,760		)				(3,638		)
General and administrative expenses						(2,594		)				(3,150		)
Sales and marketing expenses						(545		)				(442		)
Other income (expenses)						19						(7		)
Operating loss						(6,936		)				(7,235		)
Interest income from deposits						22						37
Finance income (income), net						560						800
Loss before tax						(6,354		)				(6,398		)
Taxes on income						–						–
Total comprehensive and net loss						(6,354		)				(6,398		)
Net loss per ordinary share, basic and diluted						(0.14		)				(0.24		)
Weighted average number of ordinary shares						44,566,144						26,782,603

Unaudited Condensed Consolidated Balance Sheet Data

			June 30,				December 31,
			2026				2025
ASSETS
Current Assets:
Cash and cash equivalents				10,666				3,159
Accounts receivable				825				–
Other current assets				738				517
Inventory				2,812				735
Total current assets				15,041				4,411
Non-Current Assets:
Right of use assets, net				2,742				478
Property, plant and equipment, net				2,528				452
Total non-current assets				5,270				930
Total Assets				20,311				5,341
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Trade accounts payable				466				107
Contingent consideration liability				996				–
Deferred revenue				1,004				–
Other accounts payable				3,519				1,349
Lease liabilities				1,545				286
Financial liabilities at fair market value				–				1,082
Total current liabilities				7,530				2,824
Non-Current Liabilities:
Lease liabilities				1,249				194
Deferred revenue				196				–
Royalty-bearing grant liability				597				–
Total non-current liabilities				2,042				194
Total Shareholders’ Equity				10,739				2,323
Total Liabilities and Shareholders’ Equity				20,311				5,341

About QTREX Quantum

QTREX Quantum Ltd. (Nasdaq: QTEX) is a technology company focused on advanced connectivity and electronics manufacturing solutions for quantum computing and other advanced hardware markets. Following its acquisition of the AME platform, the Company is developing high-density, thermally optimized quantum connectivity solutions for dilution cryostats and advancing AME applications for defense, aerospace, missile, space, and other mission-critical environments. The Company also continues to advance its medical technology portfolio, including respiratory support and blood monitoring platforms, while actively working to monetize certain parts of the medical business.

For more information, please visit: www.q-trex.com

Forward-Looking Statement Disclaimer

This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses negotiations and potential entry into definitive agreements; its expectation to announce additional commercial agreements in the fourth quarter and to provide a 2027 financial outlook; the progress and timing of its various projects with its customers and collaborating partners; the progress of its joint technical evaluation with one of the world’s five leading quantum computing companies; its belief that its business pace is the direct result of acquiring a business its leadership knows inside and out and that operational knowledge enabled seamless integration of its technology, people and manufacturing capabilities into QTREX and immediate execution of its quantum strategy; its future commercial deployments and expected business model; its plans to develop proprietary materials, high-density interconnects and integrated cryogenic components to address the thermal load, wiring density and signal integrity challenges of scaling superconducting quantum computers; its objective to become a dominant technology provider for superconducting quantum computing; its strategy to integrate proprietary materials, manufacturing processes and advanced components into multiple critical parts of these systems and continually expand the range of functions its platform can deliver; its discussions with quantum computing companies and potential transactions intended to add established revenue and manufacturing capability; its target to formalize a collaboration with a U.S. national laboratory in the fourth quarter, subject to the laboratory’s review and approval process; its view that the pace it has established in its first six months sets the bar for what comes next, and that what it has announced so far is a small part of what is in motion; its expectation to announce additional commercial agreements during the fourth quarter and that the next twelve months will bring significant business growth, strategic partnerships, broader customer adoption and increased product deliveries; its expectation that its 2027 outlook will describe a business substantially larger than the one it reports today, and that what it has achieved in its first six months is the groundwork for that expansion; and its expectation that the fourth quarter of 2026 will be its most active commercial period to date. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements. More detailed information about the risks and uncertainties affecting the Company is contained under “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission.

Company Contact
QTREX Quantum
Email: info@q-trex.com
Phone: +972-9-9664485

BOISE, Idaho, Sept. 24, 2026 (GLOBE NEWSWIRE) — Idaho Copper Corporation (NYSE American: COPR) (“Idaho Copper” or the “Company”), a critical minerals developer advancing the flagship CuMo copper-molybdenum-silver project in Idaho, today announced that Chief Executive Officer Andrew Brodkey will serve as a featured panelist at the 2026 Mining and Energy Expo, presented by Better In Our Back Yard (BIOBY), taking place September 29 – October 2, 2026, in Bloomington, Minnesota.

Mr. Brodkey will appear on a panel focused on mining in Idaho on Thursday, October 1, 2026. Now in its second year, the Mining and Energy Expo convenes the decision-makers and leaders shaping policy, infrastructure, and investment across the mining and energy sectors, providing a forum to advance domestic critical mineral development and connect industry, investors, and policymakers. Details of Mr. Brodkey’s participation are as follows:

2026 Mining and Energy Expo
Session: Idaho Mining Panel
Date: Thursday, October 1, 2026
Location: Bloomington, Minnesota
Registration: betterinourbackyard.com/mining-and-energy-expo

Andrew Brodkey, Chief Executive Officer of Idaho Copper, commented, “We are honored to take part in the BIOBY Mining and Energy Expo and to represent Idaho on a panel dedicated to responsible mining in our state. This comes at a pivotal time for Idaho Copper, following the recent approval to commence drilling for our flagship CuMo project. Conferences like these bring together the industry leaders, investors, and policymakers who are shaping the future of domestic critical mineral supply, and they offer an important platform to raise awareness of the CuMo project and the role Idaho can play in strengthening America’s copper and molybdenum supply chains. We look forward to sharing our story and continuing to build visibility for Idaho Copper following our recent listing on the NYSE American exchange.”

About Idaho Copper Corp.

Idaho Copper Corporation (NYSE American: COPR) is a critical minerals developer focused on exploring and developing the CuMo copper-molybdenum-silver project located in Boise County, Idaho. The CuMo project is one of the largest undeveloped copper deposits in the western hemisphere, which management believes is among the largest undeveloped molybdenum deposits in the world, and contains significant amounts of silver, rhenium, and tungsten—all considered critical or of strategic importance. The project comprises approximately 2,640 acres and consists of 126 federal unpatented lode mining claims and 6 patented mining claims. To learn more, please visit www.idaho-copper.com.

Safe Harbor Statement

With the exception of historical information contained in this press release, content herein may contain “forward-looking statements” that are made pursuant to the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified by using words such as “anticipate,” “believe,” “plan,” “expect,” “intend,” “will,” and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. Forward-looking statements in this release include statements regarding Idaho Copper’s participation in the 2026 Mining and Energy Expo and statements relating to expected developments and growth in Idaho Copper’s business. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. In addition, this press release contains time-sensitive information that reflects management’s best analysis only as of the date of this press release. Idaho Copper does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance or other forward-looking statements contained in this release can be found in Idaho Copper’s periodic filings with the SEC.

Investor Relations Contact
Lucas A. Zimmerman
Managing Director
MZ Group – MZ North America
(262) 357-2918
COPR@mzgroup.us
www.mzgroup.us

LONDON, September 24, 2026 – Stolt-Nielsen Limited (Oslo Børs: SNI) will host a virtual presentation to discuss the Company’s unaudited results for the third quarter and first nine months of 2026 on Thursday, October 1, 2026 at 15:00 CEST (09:00 EDT, 14:00 BST).

The virtual presentation will be hosted by:

–          Udo Lange – Chief Executive Officer, Stolt-Nielsen Limited 
–          Alex Ng – Chief Financial Officer, Stolt-Nielsen Limited

To join the event online, please click here.

The link will also be available on our website. It may be necessary to download the Teams app to join by mobile phone, although attendees should not need to log in or create an account.

The presentation slides will be published on the Investor section of our website (www.stolt-nielsen.com) on the day of the presentation.

For additional information please contact:

Alex Ng
Chief Financial Officer

Kirsty MacCallum
Head of Corporate Communications

T: +44 207 611 8960
investors@stolt.com

About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the ‘Company’) is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Stolt-Nielsen portfolio consists of its three global bulk-liquid and chemicals logistics businesses – Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers – Stolt Sea Farm and various investments. Stolt-Nielsen Limited is listed on the Oslo Stock Exchange (Oslo Børs: SNI).

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Discussion highlights land-and-expand execution, expansion into new verticals, and commercial scaling initiatives

PALO ALTO, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) — Cloudastructure, Inc. (Nasdaq: CSAI) (“Cloudastructure” or the “Company”), a leader in cloud-native AI surveillance and remote guarding, today announced that James McCormick, Chief Executive Officer, and other members of the Company’s management team, participated in a fireside chat hosted by James Kisner, Managing Director at Water Tower Research on Tuesday, September 22, 2026, at 3:30 pm ET. During the discussion, management highlighted several strategic initiatives, including:

• Existing Account Expansion: Long-term opportunity to expand deployments within relationships with eight of the ten largest U.S. multifamily property managers, creating a significant runway for growth within existing enterprise customers.
• New Vertical Growth: Expansion into construction, commercial real estate, and transportation and logistics, leveraging the Company’s core AI-powered surveillance and remote guarding platform.
• Recurring Revenue Growth: Continued growth in subscription revenue is expected to support long-term margin expansion and operating leverage while maintaining disciplined spending.
• Commercial and Operational Scaling: CRO Nile Coates and CSOO Ed Burnett are leading initiatives to expand key verticals, strengthen strategic partnerships, establish master service agreements and scale the Company’s commercial and operational capabilities.

A replay of the fireside chat is now available on demand in the Investor Relations section of Cloudastructure’s website here.

To schedule a one-on-one meeting with Cloudastructure’s management team, please email KCSA Strategic Communications at Cloudastructure@KCSA.com.

About Cloudastructure, Inc.
Headquartered in Palo Alto, California, Cloudastructure’s patented, advanced, award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/.

Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections, and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statement expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties, and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Factors that could cause or contribute to such differences include the risks and uncertainties discussed in the reports that the Company has filed with the SEC, such as its Annual Report on Form 10-K. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.

Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
704.574.3732
Kathleen@cloudastructure.com

Investor Contact:
Valter Pinto
Managing Director
KCSA Strategic Communications
212.896.1254
Cloudastructure@KCSA.com

WILMINGTON, Mass., Sept. 24, 2026 (GLOBE NEWSWIRE) — Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (NASDAQ: DETX; TSXV: SCAN), a leading technology provider of AI-based, next-generation detection solutions for concealed weapons and threats, today announced the execution of a strategic, non-exclusive distribution agreement with VMI Security.

VMI Security is a recognized leader in non-intrusive security inspection solutions, serving a broad range of market verticals, including aviation, critical infrastructure, government, and public venues. The agreement expands Liberty’s U.S. sales channel network and strengthens the Company’s ability to address the large and growing demand for total security screening applications.

Under the agreement, VMI will offer Liberty’s HEXWAVE™ walkthrough screening system as part of its security solutions portfolio. HEXWAVE combines advanced artificial intelligence and machine learning with active sensing technology to detect metallic and non-metallic weapons, explosives, and other emerging threats in real time, while enabling a high-throughput, frictionless screening experience.

The partnership provides Liberty with access to VMI’s established customer relationships, extensive sales infrastructure, and deep expertise across airports, critical infrastructure, public venues, and other security-sensitive environments. VMI’s established market presence and ability to integrate multiple security technologies into comprehensive screening solutions are expected to enhance Liberty’s ability to introduce HEXWAVE to new customers and support additional commercial opportunities.

“The partnership with VMI Security comes at a critical time for the expanding US security screening market,” said Bill Frain, CEO of Liberty Defense. “VMI has a proven track record of delivering next-generation security inspection technologies and the ability to provide customers with end-to-end checkpoint screening solutions, now including HEXWAVE. We believe the combination of VMI’s security expertise and customer reach with Liberty’s AI-enabled detection capabilities creates a compelling opportunity to expand the adoption of HEXWAVE in high-value security applications.

“We are extremely excited to add HEXWAVE to VMI’s growing portfolio of security screening solutions,” said Scott Ortolani, COO of VMI Security. “I have personally followed the development of HEXWAVE since its introduction to the market, watching the technology evolve and the product demonstrate its capabilities in real-world security environments. I have been consistently impressed by both the technology and Liberty Defense’s vision for what advanced, high-throughput screening can become.

The Company also announces that on September 24, 2026, it granted an aggregate of 43,888 restricted share units (the “RSUs”) to certain directors and officers of the Company pursuant to the Company’s Omnibus Long-Term Incentive Plan dated for reference November 6, 2025 (the “Plan”). Of the RSUs granted, 23,888 RSUs vest on September 24, 2027, and 20,000 RSUs vest on September 24, 2028. All RSUs have an expiry date of September 24, 2031. Each RSU entitles the holder to receive one common share of the Company upon vesting and settlement.

For updates and news, please visit the Company website to subscribe to email alerts or follow Liberty Defense on social channels.

About Liberty Defense
Liberty Defense (NASDAQ: DETX; TSXV: SCAN) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty’s HEXWAVE product, for which the Company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.

For updates and news, please visit the Company website to subscribe to email alerts or follow Liberty Defense on social channels.

ABOUT VMI Security
VMI Security is one of the world leaders in manufacturing and developing X-ray inspection technologies. With non-intrusive inspection solutions that aim to strengthen control and security systems, VMI stands out for developing high-quality equipment and for its continuous support services.

For sales information, please contact:

Ian McNaughton
Senior Director Business Development, Liberty Defense
613-292-3669
imcnaughton@libertydefense.com

FORWARD-LOOKING STATEMENTS
When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because Liberty can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty’s actual results to differ materially from those indicated or implied by forward-looking statements and information, including those appearing in Liberty’s public filings. Such factors include, among others: currency fluctuations; limited business history of Liberty; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; general development, market and industry conditions; and other factors described in Liberty’s public filings. Liberty undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of its securities or its financial or operating results (as applicable).

Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.

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

MindWave will supply and operate the technology, while AQUAE leads the ALCI Credits methodology, brand and market development

MATAWAN, New Jersey, Sept. 24, 2026 (GLOBE NEWSWIRE) — via IBN — MindWave Innovations Inc. (“MindWave”), a subsidiary of Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS), has signed a 12-month technology services agreement with Singapore-based AQUAE Holdings Pte. Ltd. (“AQUAE”) to deploy its MindChain infrastructure as the foundation of AQUAEChain, a platform for insured ALCI Credits.

Under the agreement, MindWave will design, develop, deploy and host AQUAEChain, and provide technical support once it is live. The platform will manage the full life of an ALCI Credit: issuance, verification, tracking, transfer and retirement.

MindWave will earn contracted software development and technology service fees. The agreement also references an allocation to MindWave equal to 20% of the total ALCI Credits issued and outstanding on the AQUAEChain network, calculated at the end of each quarter using the MindChain issuance ledger.

The two companies have divided the work along clear lines. AQUAE will lead the ALCI Credits methodology, brand, business development, partner relationships and ecosystem engagement. MindWave will provide the underlying technology infrastructure and the ongoing technical services required to operate AQUAEChain.

For MindWave, the engagement represents an important expansion of its business. It extends the company’s technology business into environmental and sustainability-focused markets and shows its ability to design, build and operate specialized digital infrastructure for a client over the long term.

AQUAEChain will bring blockchain infrastructure, an ALCI Credits registry, monitoring, reporting and verification (MRV) data management, a marketplace and insurance-related features together in one platform. The MRV tools will collect and analyze project information, including satellite and ground-source data. The marketplace will support the listing, trading and settlement of ALCI Credits between AQUAE and its counterparties.

All issued and outstanding credits will be recorded on the MindChain issuance ledger, giving AQUAE and its partners a traceable record from issuance to retirement. MindWave will host the platform in a cloud environment designed for availability, operational continuity and future growth, with administrative, technical and physical safeguards protecting platform data and transaction records.
The companies’ shared aim is a secure, transparent, traceable and scalable digital market for nature-based assets, with the methodology and market relationships led by AQUAE and the technology built and run by MindWave.

“Being chosen by AQUAE to build the technology foundation for its ecosystem-finance business shows what MindWave can deliver beyond traditional software development,” said Dr. Vin Menon, Chief Executive Officer of MindWave Innovations. “Registry, environmental data, verification and trading will sit on a single platform, and the MindChain ledger means each ALCI Credit can be traced through its entire lifecycle.”

“AQUAEChain is central to our plan for ecosystem-finance infrastructure that the market can depend on,” said Linju Thomas, Chief Operating Officer of AQUAE Holdings.

“MindWave gives us a scalable platform for managing ALCI Credits, so our team can concentrate on the methodology, our partners and the conservation and regenerative-sustainability initiatives behind each credit.”

The agreement took effect on Sept. 14, 2026, with development and delivery tied to agreed project milestones. During the initial 12-month term, MindWave will provide platform hosting, infrastructure maintenance, technical escalation support and embedded engineering assistance, working with AQUAE’s technical team on configuration, deployment and operational readiness.

After the initial term, the parties expect to move to a five-year continuing technology services arrangement, subject to mutual agreement and the execution of definitive documentation.

About MindWave Innovations Inc.

MindWave Innovations Inc., a subsidiary of Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS), develops technology infrastructure and digital solutions for blockchain-enabled applications, data-driven platforms, and emerging commercial ecosystems.

Through projects such as AQUAEChain, MindWave is expanding the application of its technology into ecosystem finance, environmental data management, and sustainability-focused markets.

For more information, visit www.mindwavedao.com.

About MindChain

MindChain is a blockchain infrastructure developed within the MindWave ecosystem to support transparent, traceable, and verifiable digital transactions. It is designed to provide the underlying ledger capabilities required for applications involving digital assets, registries, tokenized ecosystems, and decentralized services.

Within AQUAEChain, the MindChain issuance ledger will be used to record and calculate ALCI Credits issued and outstanding, strengthening transparency and traceability across the credit-management process.

About AQUAE Holdings Pte. Ltd.

AQUAE Holdings Pte. Ltd. is a Singapore-based company focused on technology-driven solutions in ecosystem finance, conservation, and regenerative sustainability. The company is developing AQUAEChain to support its ALCI Credits and ecosystem-finance operations.

For more information, visit www.aquaeimpact.com.

About ALCI

The AQUAE Labs Ecosystems Conservation Index (ALCI) is a comprehensive field-based monitoring recording and verification (MRV) framework designed to evaluate the biomass, biodiversity, and ecological functionality of terrestrial ecosystem types following the approach defined by the IUCN and other replicable scientific approaches.

Forward-Looking Statements

This announcement contains forward-looking statements regarding the development, implementation, anticipated capabilities, and potential performance of the AQUAEChain Platform, the integration and operation of MindChain, and the potential issuance and allocation of ALCI Credits. These statements are based on current expectations and are subject to risks and uncertainties, including development timelines, achievement of project milestones, technical performance, regulatory requirements, issuance volumes, and market acceptance. Actual results may differ materially from those expressed or implied. The company undertakes no obligation to update these statements except as required by applicable law.

Media:

MindWave Innovations Inc.

contact@mindwaveinnovations.com

Corporate Communications:

IBN

Austin, Texas

IBN.Ai

512.354.7000 Office

Editor@IBN.Ai