Author: Ravi Shankar

Company Backlog Reaches Record Level Above $52 Million; Entire Backlog Expected to Convert to Revenue During the Remainder of FY2026 and Throughout FY2027

HAUPPAUGE, N.Y., Oct. 21, 2026 (GLOBE NEWSWIRE) — AmpliTech Group, Inc. (NASDAQ: AMPG, AMPGZ) (the “Company” or “AmpliTech”), a designer, developer, and manufacturer of advanced radio frequency (RF) microwave components, 5G communication systems, and quantum computing low-noise amplifiers (LNAs), today announced that its AmpliTech, Inc. division has received a $1.03 million follow-on purchase order for low-noise amplifiers from a Fortune 1000 satellite communications company.

The additional order increases the Company’s total backlog to a record level above $52 million. Based on current production plans and customer delivery schedules, the Company expects to fulfill this backlog during the remainder of fiscal 2026 and fiscal 2027.

“Following our recently announced record $21.7 million order, this repeat order highlights the continued contribution of our RF component business alongside our growing 5G operations,” said Fawad Maqbool, Founder and CEO of AmpliTech Group. “Our backlog now exceeds $52 million, and our priority is executing these orders efficiently and meeting our customers’ delivery requirements. We continue to pursue additional opportunities across our businesses while maintaining a disciplined approach to production and working capital.” Furthermore Mr. Maqbool continued, “Based on our current operating plan and projected cash requirements, we believe our existing cash resources are sufficient to fund planned operations through the end of fiscal 2027. The Company also announced that it has received all remaining technical documentation and design deliverables required under its amended asset purchase agreement with Titan Crest”.

The Company is now focused on translating the intellectual property acquired and developed independently over the past two years into additional revenue in 2026 and 2027 through repeat and new orders from TELUS and other major mobile network operators (MNOs). Drawing on its advanced radio portfolio and customization capabilities, the Company has also submitted responses to several large requests for proposals (RFPs).

About AmpliTech Group, Inc.

AmpliTech Group, Inc. (Nasdaq: AMPG, AMPGZ) is a designer, developer, and manufacturer of advanced RF and microwave signal processing components and next-generation 5G infrastructure systems. The company’s product portfolio spans low noise amplifiers, cryogenic amplifiers, Massive MIMO O-RAN radio systems, and 5G Network-in-a-Box solutions, serving customers across defense, satellite communications, quantum computing, and telecommunications. AmpliTech is the only American company to have designed and commercialized an O-RAN CAT B 64T64R Massive MIMO radio unit. All products are designed and engineered in the United States. For more information, visit www.amplitechgroup.com

Safe Harbor Statement

This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things, that this follow on order will have any effect on the current pricing of the AMPG publicly traded shares and Rights. Any additional orders beyond those announced today remain subject to definitive purchase orders, customer deployment schedules and other customary conditions. The words “may” “would” “will” “expect” “estimate” “anticipate” “believe” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward- looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, which are available on our website and with the SEC at sec.gov. We undertake no obligation to update, and we do not have a policy of updating or revising these forward-looking statements, except as required by applicable law.

Contacts:

Corporate Social Media
LinkedIn: AmpliTech Group, Inc.

Company Contact:
Jorge Flores
Tel: 631-521-7831
Investors@amplitechgroup.com

Latest 2300 V, 8 mΩ full-bridge SiCPAK™ G power module leverages proprietary GeneSiC™ Trench-Assisted Planar™ technology to deliver the industry’s leading R_DSON, enabling higher and power density for solid-state transformers, grid-scale battery energy storage systems, solar inverters, and megawatt charging infrastructure

TORRANCE, Calif., Oct. 21, 2026 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), a leader in next-generation power semiconductors and power delivery solutions, pioneering GaN, high-voltage and ultra-high-voltage SiC, and IVR technologies, today announced an ultra-high-voltage (UHV) SiC power module family for advanced energy and grid infrastructure.

The new G4H08MT23GB4 2300 V full-bridge module family uses the industry-standard SiCPAK™ form factor and has a class-leading R_DSON (8 mΩ).

It has been developed to enhance efficiency and power density in solid-state transformers, grid-scale battery energy storage systems, solar inverters, and EV megawatt charging infrastructure. These gains are enabled through its deployment of Navitas’ fourth-generation GeneSiC™ Trench-Assisted Planar™ (TAP) architecture, with the launch extending Navitas’ 2300 V and 3300 V ultra-high voltage SiC portfolio.

As grid-tied power architectures increasingly underpin next-generation AI data centers, Navitas’ UHV SiC modules provide the medium-voltage building block for solid-state transformers that convert grid power directly into the high-voltage DC rails used inside AI data center racks. This places the new module family at the center of Navitas’ AI infrastructure portfolio. spanning AI data center and energy and grid infrastructure alongside battery energy storage, solar, EV megawatt charging, hydrogen fuel cell electrolysis and DC-DC conversion, and industrial motor-drive and high-voltage power supply applications.

Advanced Construction for High-Reliability, High-Power Operation

The modules also integrate several construction enhancements that better meet the needs of demanding, high-power applications. For example, its aluminum nitride (AlN) active-metal-braze (AMB) substrate enables superior heat spreading and supports an isolation capability of over 5 kV. Its epoxy-resin potting technology reduces internal stress distribution, limits moisture and contaminant ingress, and delivers 10x improvements in thermal conductivity versus silicone gel.

Additionally, the module’s high-current, press-fit pins have twice the current-carrying capability per pin versus standard press-fit connections. An optional pre-applied thermal interface material (TIM), which simplifies and standardizes heatsink assembly, is also available.

Extended Reliability Testing Validates Long-Term System Lifetime

The new module family will be qualified to Navitas’ AEC-Plus* reliability benchmark, which tests beyond AEC-Q101 and JEDEC standard requirements. The benchmark reflects Navitas’ focus on system-level lifetime requirements for the demanding mission profiles found in energy and grid infrastructure applications.

The AEC-Plus qualification includes dynamic reverse bias (DRB) and dynamic gate switching (DGS) testing to represent stringent fast-switching application mission profiles; it also more than triples the duration of static high-temperature, high-voltage tests (HTRB, HTGB, HTGB-R). Additionally, it implements an extended power-cycling and temperature-cycling testing and delivers HV-H3TRB (HV-THB) qualification for power modules, discrete and known-good-die (KGD) devices.

“Our fourth-generation GeneSiC Trench-Assisted Planar architecture continues to push the limits of what’s possible in ultra-high voltage SiC,” said Paul Wheeler, VP & GM of Navitas’ SiC Business Unit. “This new 2300 V module delivers a leading RDS_(ON) of any device using the SiCPAK form factor, giving system designers a proven, reliability-tested building block for the solid-state transformers and energy storage systems that are reshaping grid and AI data center infrastructure.”

Samples of the G4H08MT23GB4(HC) family are available immediately, with options for pre-applied TIM and high-current variants:

Part Number	Configuration	Pre-Applied TIM	Pins
G4H08MT23GB4	Full-Bridge	No	Standard
G4H08MT23GB4-T	Full-Bridge	Yes	Standard
G4H08MT23GB4HC	Full-Bridge	No	High-Current
G4H08MT23GB4HC-T	Full-Bridge	Yes	High-Current

A double-pulse test (DPT) system, EVB-UHVSIC-GB-E-DPT-1, is also available on request. This has been created to help engineers evaluate the device’s switching performance. A white paper on Trench-Assisted Planar Technology is also available for download from the Navitas website.

To request samples, contact a Navitas representative or email info@navitassemi.com.

________________________________

*AEC-Plus is Navitas’ internal reliability qualification benchmark that extends beyond standard AEC-Q101 and JEDEC test requirements.

About Navitas
Navitas Semiconductor (Nasdaq: NVTS) is a leader in next-generation power semiconductors and power delivery solutions, pioneering GaN, high-voltage and ultra-high-voltage SiC, and IVR technologies for AI infrastructure, including data centers and energy and grid systems, as well as additional markets such as high-performance computing and industrial electrification. Collectively, these technologies address the complete grid-to-xPU power architecture, breaking the AI infrastructure power wall and enabling higher efficiency, greater power density, and increased performance across the entire power chain. Navitas’ GaNFast™ FETs deliver industry-leading power density, efficiency, and high-speed performance, while GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection to enable faster, more efficient power conversion, leading to smaller and more reliable systems. The GeneSiC™ portfolio combines proprietary trench-assisted planar (TAP) SiC technology with leading-edge discrete packaging and SiCPAK™ power modules to deliver industry-leading efficiency, ruggedness and performance. Claros™ IVR technologies extend power delivery directly to the xPU, enabling customers to implement vertical power delivery (VPD) and embedded power delivery (EPD) architectures with high-density power conversion beneath or within millimeters of the processor, minimizing power-delivery losses and impedance while enabling ultra-fast transient response, higher efficiency and maximum power density. Navitas has over 450 patents issued or pending and is a leader in 800 VDC and the advanced AI power infrastructure ecosystem.

Navitas^®, GaNFast^®, GeneSiC™, Claros™, SiCPAK^®, GaNSafe^®, DrGaN™, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited or affiliates. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Cautionary Statement Regarding Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are attempts to predict or indicate future events or trends or similar statements that are not a reflection of historical fact. Forward-looking statements may be identified by the use of words such as “we expect” or “are expected to be,” “estimate,” “plan,” “project,” “forecast,” “intend,” “anticipate,” “believe,” “seek,” or other similar expressions. Forward-looking statements are made based on estimates and forecasts of financial and performance metrics, projections of market opportunity and market share and current indications of customer interest, all of which are based on various assumptions, whether or not identified in this press release. All such statements are based on current expectations of the management of Navitas and are not predictions of actual future performance. Forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions and expectations. Many actual events and circumstances that affect performance are beyond the control of Navitas and, forward-looking statements are subject to a number of uncertainties. Our businesses are subject to certain risks that could materially and adversely affect our respective business, financial condition, results of operations, or the value of our securities. For Navitas, these and other risk factors are discussed in the Risk Factors section of our most recent annual report on Form 10-K, as updated in the Risk Factors section of our most recent quarterly report on Form 10-Q, and in other documents we file with the SEC. If any of these risks, as discussed in more detail in our SEC reports, materialize or if our assumptions underlying forward-looking statements prove to be incorrect, actual results could differ materially from the results implied by these forward-looking statements.

Contact Information
Navitas Semiconductor
Vipin Bothra
info@navitassemi.com

Navitas Investor Contacts
Leanne Sievers | Brett Perry
Shelton Group
sheltonir@sheltongroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ce3de4e-67cd-43d7-863e-96c8cc93aa3b

The Plug & Play and Smart Home Technologies are Expected to Be Delivered in 2027 to Projects in Several States Including Ohio, Georgia, Maryland, and Pennsylvania   

Maronda Has Built Over 70,000 Homes Since It Was Established in 1972

MIAMI, Oct. 21, 2026 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (the “Company” or “SKYX”), a highly disruptive platform technology company with over 120 patents and pending applications globally and over 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced that it will supply over 80,000 units of its advanced technologies to over 1,000 homes of prominent community and home builder Maronda Homes as it continues to grow its market penetration

Maronda Homes is a private, family-owned home builder founded in 1972 by William J. Wolf. Maronda has built over 70,000 homes across the United States and is currently building homes and communities across Florida, Ohio, Georgia, Alabama, Indiana, Kentucky, Maryland, Pennsylvania, South Carolina, Virginia, and West Virginia.

As a community and home builder many of Maronda Homes communities include resort-style pools and clubhouses to fitness centers, pickleball courts, dog parks, walking trails and playgrounds. Maronda communities are designed to bring families together.

The Company expects to deliver over 80,000 units of its advanced plug-and-play and smart home technologies to over 1,000 Maronda Homes residences in several states including Ohio, Georgia, Maryland, and Pennsylvania.

Maronda Homes offers a Certified Energy Efficient package designed to pair everyday comfort with smart home technology. Electrical and smart home package features may vary by market, community, and home.

For information about Maronda Homes, click here: www.marondahomes.com

For more information about SKYX and Deako, go to www.SKYX.com and www.Deako.com

Derek Richardson, Founder and CEO of Deako, stated: “This program with Maronda is a natural next step for Deako. Every new Maronda home in these communities starts with a smart home foundation that is simple for the builder to deliver and easy for the homeowner to grow. Pairing that package with the communities Maronda builds, from resort-style pools to walking trails, is the kind of home people are looking for, and it gives us a model we can repeat with builders across the country.”

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “We are very pleased to be working with such a prominent home builder, Maronda Homes. We expect to keep expanding our builder programs with our subsidiary Deako and look forward to continuing to grow our market penetration while creating safer, more advanced, and smarter homes and buildings of the future.”

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced, safe, smart and AI platform technologies, with over 120 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home décor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://www.skyx.com/ or follow us on LinkedIn.

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s ability to achieve positive cash flows; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws. 

Investor Relations Contacts:

Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com

Ronald A. Both
Encore Investor Relations
rb@encore-ir.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2377d2cc-91d2-4310-8d6b-062d9aeca95f 

Chairman-led transaction marks the first step in a broader series of actions to provide a more flexible framework to support the Company’s commercial plans

HAIFA, Israel, Oct. 21, 2026 (GLOBE NEWSWIRE) — Pluri Inc. (Nasdaq, TASE: PLUR) (“Pluri” or the “Company”), a biotechnology company advancing cell-based solutions in regenerative medicine and longevity, today announced that Alejandro Weinstein, Chairman of the Board and the largest shareholder of the Company, has entered into an agreement to acquire the Company’s loan from the European Investment Bank (“EIB”). Upon completion of the transaction, Mr. Weinstein will replace the EIB as lender under the existing loan arrangements and will succeed to all of the lender’s rights and remedies thereunder, as in effect at the time of the assignment. The underlying loan will remain outstanding, while Pluri will thereafter have no financial or repayment obligations to the EIB.

The transaction transfers one of Pluri’s most significant financing obligations from the EIB to the Company’s Chairman and strategic investor, establishing a more direct and flexible framework for a long-term resolution of the outstanding debt. Pluri and Mr. Weinstein intend to negotiate revised terms for the loan within a reasonable period of time, to present a proposed long-term resolution plan, while allowing management to remain focused on commercialization and strategic growth opportunities.

“I strongly believe in Pluri’s technology, its people and the commercial opportunities ahead of the Company,” said Mr. Weinstein. “I am an active investor, and for me that means taking action when I see an opportunity to help create value. Acquiring the EIB loan is a tangible expression of my confidence in Pluri and in the direction we are taking. I view this transaction not as an isolated step, but as the first in a broader series of actions that I expect will reshape the Company, accelerate its commercial evolution and position Pluri to become a significant player in regenerative medicine and longevity. I look forward to continuing to work closely with management and the Board as we move this strategy forward.”

Yaky Yanay, President and Chief Executive Officer of Pluri, commented: “For Pluri, this is much more than a change of lender. Subject to completion, one of our most significant financing relationships will move from the EIB to our Chairman and strategic investor, creating what we believe is a more aligned and flexible framework for the Company. This comes at an important time for Pluri, as we continue to focus on commercial execution and on advancing opportunities that can translate our technology, manufacturing capabilities and accumulated experience into meaningful value. I want to thank Alejandro for translating his confidence in Pluri into action and for his continued commitment to the Company and its future.”

The proposed assignment was reviewed and approved by a special independent committee of the Company’s Board of Directors and by the Board, with approval by a majority of the independent directors.

Mr. Weinstein is an investor and entrepreneur with a track record of building, scaling and realizing value across healthcare, biotechnology, nutrition and other industries. He has participated in more than 20 M&A transactions and over $5 billion in exits, including the transformation of CFR Pharmaceuticals into a multinational pharmaceutical company that was acquired by Abbott for $2.9 billion. Since becoming a strategic investor in Pluri and later Chairman of the Board, he has worked closely with management to support the Company’s strategic repositioning and commercialization efforts.

About Pluri

Pluri™ is a biotechnology company advancing cell-based solutions for health and longevity. Powered by its proprietary 3D cell expansion platform, Pluri develops and manufactures innovative cell-based products designed to address significant unmet medical needs and support healthier, longer lives. With decades of expertise in cell science, clinical development and scalable manufacturing, Pluri is building a portfolio of regenerative and longevity-focused solutions while leveraging its technology and manufacturing capabilities through strategic partnerships and CDMO services. To learn more, visit www.pluri-biotech.com or follow Pluri on LinkedIn and X.

Safe Harbor Statement

This press release contains express or implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. federal securities laws. For example, Pluri is using forward-looking statements when it discusses the expected benefits of the assignment of the Company’s loan from EIB to Mr. Weinstein, the Company’s ability to work with its new lender in a more direct and flexible framework, the expected negotiation of revised loan terms and the timing thereof, the potential for future actions that may support the Company’s commercial plans, the Company’s expected commercialization efforts and strategic opportunities, and the potential future growth, development and performance of the Company. These forward-looking statements and their implications are based on the current expectations of the management of Pluri only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the possibility that the anticipated benefits of the loan assignment are not realized; the possibility that revised loan terms are not agreed within the anticipated timeframe or at all, and the lender’s continued ability to exercise its existing rights and remedies under the loan arrangements; the Company’s ability to successfully execute its commercialization and strategic initiatives; changes in economic, business, market or regulatory conditions; inability to retain or attract key employees; increased competition, loss of market share or pricing pressure; inability to timely develop and introduce new technologies, products and applications; and other risks and uncertainties that may affect the Company’s business. Except as otherwise required by law, Pluri undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

For a more detailed description of the risks and uncertainties affecting Pluri, reference is made to Pluri’s reports filed from time to time with the Securities and Exchange Commission.

Contact

investor.relations@pluri-biotech.com

European Lithium securityholders to vote on the Schemes on October 22, 2026

NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) — Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals exploration and mining company, today provided an update on its proposed acquisition of European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) (“European Lithium”), ahead of the European Lithium securityholder meetings to be held on Thursday, October 22, 2026.

Under the proposed transaction, Critical Metals Corp would acquire 100% of the issued share capital of European Lithium and all of European Lithium’s listed options by way of Court-approved schemes of arrangement under Part 5.1 of the Australian Corporations Act 2001 (Cth), comprising a scheme between European Lithium and its shareholders (the “Share Scheme”) and a scheme between European Lithium and the holders of its listed options (ASX: EUROC) (the “Option Scheme”, and together with the Share Scheme, the “Schemes”). The consideration payable under each Scheme is to be satisfied by the issue of new ordinary shares in Critical Metals Corp.

Share Scheme Transaction Ratio

European Lithium has announced that the Share Scheme Transaction Ratio, which sets the number of new Critical Metals Corp shares to be issued for each European Lithium share, has been determined in accordance with the terms of the Share Scheme set out in the scheme booklet released to the ASX on September 15, 2026 (the “Scheme Booklet”).

The ratio is set by reference to the average of the daily volume weighted average price of Critical Metals Corp shares on Nasdaq over the 20 consecutive trading days from September 23, 2026 to October 20, 2026 (the “Scheme VWAP”), subject to a floor price of US$8.00 and a ceiling price of US$16.00.

As the Scheme VWAP is at or below the floor price, the Share Scheme Transaction Ratio is the maximum ratio set out in the Scheme Booklet.

Accordingly, subject to rounding, if the Share Scheme is implemented, European Lithium shareholders will receive 0.045 new Critical Metals Corp shares for each European Lithium share held at the record date. The value of the consideration will change with the Critical Metals Corp share price and the AUD/USD exchange rate.

Option Scheme Consideration

The consideration for European Lithium’s listed options will be calculated using the cashless exercise formula set out in the Scheme Booklet, by reference to the Share Scheme Transaction Ratio, the Scheme VWAP and the option exercise price of A$0.10. European Lithium expects to announce the final Option Scheme consideration on or around October 28, 2026.

Securityholder Meetings and Next Steps

The general meeting and the meetings of European Lithium shareholders and optionholders to vote on the Schemes (the “Scheme Meetings”) will be held on Thursday, October 22, 2026 in West Leederville, Western Australia. European Lithium’s Independent Board Committee continues to recommend that European Lithium securityholders vote in favor of the Scheme relevant to them, in the absence of a superior proposal and subject to the independent expert continuing to conclude that the relevant Scheme is in the best interests of those securityholders.

Subject to the approval of European Lithium securityholders, the approval of the Supreme Court of Western Australia (the “Court”), and the satisfaction or waiver of the remaining conditions precedent.

About Critical Metals Corp.

Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals, and producing strategic products essential to electrification and next-generation technologies for Europe and its Western world partners. Its flagship Project, Tanbreez, is one of the world’s largest rare earth deposits and is located in Southern Greenland. The deposit is expected to have access to key transportation outlets as the area features year-round direct shipping access via deep water fjords that lead directly to the North Atlantic Ocean.

Another key asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure and is expected to be the next major producer of key lithium products to support the European market. Wolfsberg is well positioned with offtake and downstream partners to become a unique and valuable asset in an expanding geostrategic critical metals portfolio.

With this strategic asset portfolio, Critical Metals Corp is positioned to become a reliable and sustainable supplier of critical minerals essential for defense applications, the clean energy transition, and next-generation technologies in the western world.

For more information, please visit https://www.criticalmetalscorp.com/.

Cautionary Note Regarding Forward Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements may include expectations of our business and the plans and objectives of management for future operations, including with respect to the proposed acquisition of European Lithium and the anticipated timetable for and implementation of the Schemes. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this news release, forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “designed to” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.

Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors discussed under the “Risk Factors” section in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. These forward-looking statements are based on information available as of the date of this news release, and expectations, forecasts and assumptions as of that date, involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Critical Metals Corp.

Investor Relations: ir@criticalmetalscorp.com
Media: pr@criticalmetalscorp.com

PJM assessment recognizes nearly all of FuelCell Energy’s installed capacity as dependable, an important proof point for reliability and potential capacity-market economics.

DANBURY, Conn., Oct. 21, 2026 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) announced that its FuelCell Energy Block System received a 99.873% rating in PJM Interconnection’s unit-specific Effective Load Carrying Capability (ELCC) assessment conducted as part of PJM’s 2028/29 Reliability Backstop Procurement (RBP) process. The result indicates that PJM may recognize nearly all of FuelCell Energy’s evaluated system’s capacity as dependable, providing an important measure of reliability for customers evaluating on-site power and informing potential participation in PJM’s capacity market.

Rapid data center growth is driving electricity demand and sharpening the focus on how large loads secure power. PJM projects 32 GW of peak load growth across its region from 2024 to 2030, with approximately 30 GW expected to come from data centers.¹ As demand rises, large power users are increasingly considering generation that can provide dependable power where it is needed.

As communities hosting this growth place greater importance on how new electricity demand is met, FuelCell Energy’s carbonate fuel cell technology offers continuous, on-site generation that allows customers to locate power directly at the point of demand.

In practical terms, the 99.873% rating² means PJM may count nearly 99.9 MW of every 100 MW evaluated as dependable capacity under the applicable assessment.

For context, preliminary PJM class ratings for the same 2028/2029 period recognize 96% of nuclear capacity, 93% of diesel utility/engine-based backup capacity and 67% of gas combustion turbine capacity.³

PJM’s unit specific assessment accredited 99.873% of the evaluated FuelCell Energy system’s capacity. PJM’s published technology class ratings provide a clear benchmark for the strength of that result. Following the Federal Energy Regulatory Commission’s approval and delayed implementation of the Reliability Backstop Procurement (RBP), any future participation would be subject to PJM’s applicable evaluation processes and could require updated accreditation using revised assumptions and study inputs for the final procurement timeline.

That reliability can have economic implications as well. For eligible projects in PJM, the amount of installed capacity recognized as dependable may affect the amount of capacity available for capacity-market participation and potential value, subject to applicable market requirements and auction or procurement outcomes.

“Customers aren’t simply looking for more megawatts. They need to understand how much power they can count on as they make decisions about where and how quickly they can grow,” said FuelCell Energy President & CEO Jason Few. “Our technology is designed to provide continuous, on-site distributed generation. This unit-specific assessment gives customers another independent measure of the dependability of our platform. It also has important economic implications: in PJM’s capacity market, the amount of installed capacity recognized as dependable directly influences the capacity a resource can potentially monetize. We believe a 99.873% accreditation highlights the potential for our platform to deliver not only highly dependable power, but attractive capital productivity for utilities and independent power producers deploying generation in PJM.”

Power That Counts

In addition to providing an independent measure of the evaluated system’s potential reliability contribution, capacity accreditation can have economic significance within PJM because it determines how much installed capacity is recognized as accredited capacity.

PJM uses ELCC to assess the reliability contribution of power resources and convert installed capacity (ICAP) into accredited capacity (UCAP). For eligible projects, higher accredited capacity may increase the amount of capacity available for capacity-market participation and potential value, subject to applicable market requirements and procurement or auction outcomes.

The 99.873% value is specific to the system evaluated for the 2028/2029 RBP process. It is not a FuelCell Energy technology-class rating or a measure of operating uptime, and future assessments may differ.

FuelCell Energy, Inc. (NASDAQ: FCEL) is an American clean energy technology company delivering continuous, scalable baseload power for mission-critical applications globally. The company’s fuel cell systems generate electricity directly at the point of use, enabling reliable, low-emissions power for data centers, industrial facilities, utilities, and distributed generation customers. FuelCell Energy delivers commercially proven, modular, utility-scale systems—backed by global fuel cell deployments approaching one gigawatt. Learn more at www.FuelCellEnergy.com. 

Contacts 

Media:                                                                                                                                                                        
Kathleen Blomquist 
kblomquist@fce.com 
203.546.5844 

Investor Relations: 
ir@fce.com

_________________________

¹ PJM Interconnection, “PJM Board Fast-Tracks Effort to Reliably Serve Large Loads,” PJM Inside Lines.
² The 99.873% value is specific to the system evaluated for the 2028/2029 RBP process. It is not a FuelCell Energy technology-class rating or a measure of operating uptime, and future assessments may differ.
³ Preliminary ELCC Class Ratings for Use in the Reliability Procurement Backstop (RBP)

With new leadership and a renewed sense of purpose, Cycurion is bringing mission-focused tenacity and next-generation technology across the company, including to Digital Ally’s proven product line.

MCLEAN, Va., Oct. 21, 2026 (GLOBE NEWSWIRE) — Cycurion, Inc., a Delaware corporation (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading AI-driven, tech-enabled cybersecurity solutions provider, today announced continued growth in its Digital Ally video solutions business. Over the past 30 days, including October activity, Digital Ally has secured approximately $383,000 in new and expanded contracts with law enforcement agencies across the Midwest.

This activity comes as Cycurion’s team of former Special Operations and Intelligence Community professionals leads a broader renewal of the Company’s structure and strategy.

“When we acquired Digital Ally, we inherited a talented, dedicated workforce,” said L. Kevin Kelly, Chairman and CEO of Cycurion. “The same caliber of talent that is rebuilding Cycurion is now driving a broader revitalization across the Company. Our teammates from the Special Operations and Intelligence communities bring a distinct mindset grounded in tenacity and a deep understanding of cutting-edge technology. They also understand, better than most, the importance of reliable equipment. That influence is already visible across the organization.”

Over the past 30 days, Digital Ally has secured approximately $383,000 in new and expanded contracts spanning in-car video systems, body-worn cameras, cloud-based digital evidence management, and expansions for existing customers. Solutions include the EVO HD and EVO Core in-car video systems, FirstVu Pro body-worn cameras, and multi-year unlimited cloud plans (typically 5-year/90-day). Several agencies funded purchases upfront, including through grant sources, while others extended existing plans and added equipment to support ongoing operations.

A consistent theme among these wins is agencies’ preference for Digital Ally’s innovative video products, responsive customer service, and ability to design solutions around each department’s specific requirements.

“These results show the continued demand for practical, high-quality video and evidence solutions among law enforcement agencies. And our products continue to improve,” said L. Kevin Kelly. “Agencies are choosing Digital Ally because the products work in the field, the support is responsive, and we build around what each department actually needs.”

This momentum builds on the strong foundation established with the Digital Ally acquisition and reinforces Cycurion’s broader strategy of delivering integrated public safety technologies. The recent contracts add to Digital Ally’s established base of more than 800 law enforcement, municipal, and public safety clients. Combined with Cycurion’s AI-driven cybersecurity and managed services capabilities, the portfolio positions the Company to offer comprehensive solutions that protect video systems, evidence, and the networks that support them.

About Cycurion, Inc.

Based in McLean, Virginia, Cycurion, Inc. (NASDAQ: CYCU) is an AI-driven, tech-enabled provider of cybersecurity, IT and public safety technology solutions. The Company specializes in cybersecurity, program management and business continuity, and uses its AI-enhanced platform and experienced team to help clients protect their operations. Together with its subsidiaries — Axxum Technologies LLC, Cloudburst Security LLC, Cycurion Innovation, Inc. and Cycurion Digital Ally — Cycurion serves government, healthcare, law enforcement and corporate clients. Through Digital Ally, the Company also provides in-car video systems, body-worn cameras and cloud-based digital evidence management to more than 800 law enforcement, municipal and public safety agencies. For more information, visit www.cycurion.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the operations and prospective growth of Cycurion’s business, including its Digital Ally video solutions business, and the Company’s strategy and vision.

Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, statements regarding continued growth and momentum in the Digital Ally business; the expected value, duration, and performance of the contracts described in this press release; continued demand for the Company’s video and digital evidence solutions among law enforcement agencies; the continued improvement of Digital Ally’s products; the renewal of the Company’s structure and strategy under its leadership team; the anticipated benefits of the Digital Ally acquisition; the Company’s ability to deliver integrated public safety technologies and to offer comprehensive solutions that protect video systems, evidence, and the networks that support them; and other statements that are not historical facts. Words such as “aim,” “continue,” “will,” “may,” “could,” “should,” “expect,” “plans,” “intend,” “designed to,” “anticipate,” “believe,” “estimate,” “potential,” “positions,” “seek,” and similar expressions are intended to identify such forward-looking statements.

All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: the risk that contracts are terminated, reduced, delayed, or not renewed, or that customers do not exercise extensions or expansions; dependence on federal, state, and local government budgets, appropriations, and grant funding; the timing of revenue recognition under multi-year cloud and service plans; the Company’s ability to successfully integrate Digital Ally and realize the anticipated benefits of the acquisition; competition in the law enforcement video and digital evidence management market; supply chain, component availability, and manufacturing risks; product performance, reliability, and warranty matters; the Company’s ability to attract and retain key personnel, including its new leadership team; market acceptance of the Company’s combined video and cybersecurity offerings; the Company’s ability to fund its operations and growth; government contracting, procurement, and compliance requirements; cybersecurity incidents affecting the Company or its clients; any potential legal proceedings; and the future performance of the Company’s stock. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any subsequent date.

Cycurion Investor Relations:
(888) 341-6680
investors@cycurion.com

Cycurion Media Relations:
(888) 341-6680
media@cycurion.com

     Agreement signed at Sheikh Zayed Museum in Abu Dhabi pairs VivoPower’s powered land and data center infrastructure capabilities with Open Innovation AI’s sovereign AI orchestration and security platform.

     The partners see a sovereign AI opportunity of more than 40GW in Europe alone, across government administration, defense, medical, educational and financial services sovereign cloud and will target at least 1GW of capacity over the next three years, with further demand across the GCC and Asia.

     VivoPower to lead site development, power procurement and facility operations; Open Innovation AI to provide the orchestration, AI operations and security layer.

     Builds on Open Innovation AI’s track record, experience designing, deploying and operating sovereign AI platforms for government and enterprise environments and clients in the UAE.

LONDON, UK / ABU DHABI, UAE, Oct. 21, 2026 (GLOBE NEWSWIRE) — VivoPower PLC (Nasdaq: VIVO) (“VivoPower” or the “Company”), a leading B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, today announced that it has executed definitive heads of agreement (“Agreement”) with Open Innovation AI (“OI”), the UAE-based AI orchestration, operations and security platform company to jointly explore and develop secure sovereign AI Data Centers across the Nordics, Mainland Europe, the GCC and selective countries in Asia.

The Agreement was signed at Sheikh Zayed Museum in Abu Dhabi on Wednesday, 21 October 2026, in the presence of senior leadership from both companies. The signing in the UAE capital reflects Abu Dhabi’s growing role as a global hub for sovereign AI, and the ambition of both partners to take that model to new markets.

Demand for AI compute is growing faster than the power, land and platforms available to host it. Governments and enterprises increasingly want capacity that remains under their control, with sovereignty over infrastructure, data, models and AI services, supported by strong cyber security and governance. The collaboration combines VivoPower’s expertise in securing power and developing data center infrastructure with Open Innovation AI’s orchestration, AI operations and security capabilities.

Under the Agreement, the two companies will work together to originate and deliver AI data center projects with control and security embedded from design to operation. Open Innovation AI brings its Full Stack AI Fabric, combining orchestration and scheduling, AI and ML operations, agentic workflows, agent harness and AI security into one platform. VivoPower brings site sourcing and acquisition, site development, power and facility operations, and local market municipality and sovereign relationships.

What sovereign cloud means

Sovereign cloud is AI and cloud infrastructure that a nation, and the organizations it trusts, can fully control. In a conventional public cloud, data, models and operations can ultimately be subject to foreign jurisdiction, foreign-controlled operators or a single vendor’s technology. A sovereign cloud keeps every critical layer secure under local law and local control:

• Sovereign infrastructure: the land, power, buildings and compute are located in-country and owned or controlled by domestic or trusted partners.
• Data sovereignty: data is stored and processed within national borders, governed by local law and protected from extraterritorial access.
• Operational sovereignty: the platform is run, monitored and supported by trusted local teams, and can operate in private cloud, on-premises or fully air-gapped environments.
• Technology sovereignty: governments and enterprises control the software stack, models and security, without lock-in to any single foreign provider or hardware vendor.

Sovereign AI applies these principles across the full AI lifecycle, from GPU orchestration and model training to the AI applications and agents that power public services, critical national infrastructure, defense, healthcare, finance and industry.

A large and growing opportunity

Demand for sovereign AI capacity is accelerating rapidly at a time when sovereigns are realizing they have limited excess power for their own sovereign cloud needs, let alone to allocate to hyperscalers and AI companies. Governments are moving to secure their own compute, and power has become the prerequisite. Without secured, scalable power there can be no sovereign AI, which makes powered land the starting point of every sovereign AI project. In addition, governments need development partners to deliver the AI infrastructure and they need a technology and orchestration partner to deliver the sovereign cloud. Against this backdrop, VivoPower and Open Innovation AI see an initial opportunity of more than 40GW in Europe alone and will target at least 1GW of capacity over the next three years, with further demand across the GCC and Asia. Through VivoPower’s existing assets, Nordic pipeline and sovereign relationships, together with OI’s track record of orchestrating sovereign cloud solutions, the Partnership will seek to become the leading AI sovereign solution for governments in the target jurisdictions.

What the agreement covers

The Agreement sets out the framework for the collaboration. The parties intend to progress individual projects under separate, project-specific agreements, with definitive documentation to follow in due course.

As a first step, VivoPower has partnered with Open Innovation AI to deploy its software solutions, covering orchestration, AI operations and security, across VivoPower’s portfolio and Nordic pipeline.

Open Innovation AI’s role builds on the sovereign AI know-how it has developed in the UAE, one of the world’s earliest and most ambitious adopters of sovereign cloud. The company has designed, deployed and operated AI labs and platforms for government and enterprise environments where local control, security and operational governance are critical. That experience gives the partnership a practical foundation to support projects across the targeted jurisdictions.

A natural fit of ambitions

The partnership is also a natural fit of ambitions. VivoPower is pursuing large-scale growth as a global developer of AI-ready power and data center infrastructure for sovereigns. Open Innovation AI is expanding its orchestration and security platform well beyond the UAE into international markets. Together, the companies intend to combine powered infrastructure with the software layer required to run AI safely, efficiently and under full sovereign control.

The aim is simple: give nations and enterprises a faster path from powered land to production-ready AI capacity that remains secure, governed and locally controlled. This in turn will drive sovereign prosperity and national security.

Why the partnership is positioned to win

Today, most governments building sovereign AI capacity must bring together power developers, builders, hardware suppliers, cloud providers and software vendors themselves, and often still depend on foreign hyperscalers for the critical software layer. The US CLOUD Act means European sovereigns in particular need a neutral solution and those developed in Abu Dhabi are some of the most advanced in the world. VivoPower and Open Innovation AI offer a different model:

• One partner from site to service: a single, integrated offering that covers powered land, data center development and operations, and the orchestration, AI operations and security platform, with clear accountability from day one.
• Power where it is scarcest: access to power is now the main constraint on new AI capacity. VivoPower brings powered land and data center infrastructure across Norway, Finland and the UAE, and a pipeline of sites with access to low-cost power.
• A proven sovereign platform: Open Innovation AI has designed, deployed and operated its platform for government critical infrastructure and enterprise environments in the UAE, where local control, security and governance are essential.
• Independent and hardware-agnostic: the Sovereign AI Fabric runs across private cloud, on-premises and air-gapped environments and is not tied to any single hardware vendor or hyperscaler, so nations keep control of their technology choices.
• Faster time to production: pairing ready sites with a pre-integrated software stack shortens the path from energized site to production-ready AI capacity.
• Security by design: cyber security and governance are embedded from facility design through to the AI models and agents running on the platform.

A partnership across four regions

VivoPower and Open Innovation AI will focus on four regions where demand for sovereign AI capacity is accelerating:

• The Nordics: building on VivoPower’s existing asset in Mo i Rana, Norway and its proprietary pipeline across the Nordics.
• The GCC: building on Open Innovation AI’s home base in the UAE and VivoPower’s regional presence in Abu Dhabi to support national AI strategies across the Gulf and wider region.
• Mainland Europe: helping European governments and industry meet growing requirements for AI capacity, cyber security, data sovereignty and operational control under European governance.
• Selective Asian Countries: serving fast-growing markets investing in domestic AI capability, cyber-resilient infrastructure and strategic digital independence, in jurisdictions that are supportive of AI infrastructure development and where VivoPower has a sourcing advantage through low-cost power.

Alex Cuppage, Chief Investment Officer of VivoPower PLC, said: “VivoPower is committed to working with nations as their most trusted long-term and aligned AI infrastructure partner to deliver leading sovereign AI infrastructure. We believe that sovereigns who develop leading AI infrastructure, supported by a secure and full stack sovereign cloud solution will drive national prosperity and security. In most cases, allocations of a nation’s natural resources of power and water to sovereign cloud represents the highest and best use. The UAE is globally seen as one of the most advanced nations utilizing sovereign compute. We are delighted to establish this partnership with Open Innovation AI, a proven sovereign AI orchestration and security platform, offering governments and enterprises a complete path from site to secure AI service. Signing this agreement in Abu Dhabi, at the heart of the region’s AI ambition, is a fitting start. We are excited to work together with sovereigns across the Nordics, Mainland Europe, the GCC and Asia to help develop their compute power infrastructure, which will equate to national prosperity and national security.”

Kevin Chin, Executive Chairman and CEO, VivoPower PLC, said: “Sovereign AI needs more than power and buildings. It needs a trusted, secure platform to run on. Our partnership with Open Innovation AI lets VivoPower offer sovereigns a complete solution, from powered land to production-ready AI. It is an important step in building VivoPower into a leading independent sovereign AI infrastructure partner, and in creating long-term value for our shareholders across our existing portfolio and near-term pipeline.”

Dr. Abed Benaichouche, Co-Founder and CEO of Open Innovation AI, said: “Sovereign AI is not only about compute capacity; it is about securing and controlling the technology layer that allows governments and enterprises to run AI safely, locally and at scale. VivoPower shares our belief that every nation should control its own intelligence. Together, we can bring secure AI Data Centers online faster across the Nordics, Mainland Europe, the GCC and Asia, and take the UAE’s AI expertise to new markets.”

About VivoPower

Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning B Corporation with data center and powered land infrastructure across Norway, Finland, and the United Arab Emirates. The Company’s mission is to be the independent, trusted partner for sovereign nations that develop and operate sustainable data center infrastructure, ensuring sovereign control over power, data, and national intelligence. In doing so, VivoPower helps sovereign nations bridge the gap between their energy assets and their AI ambitions by providing the Power-to-X infrastructure necessary to build and control their own domestic intelligence hubs.

About Open Innovation AI

Open Innovation AI is a UAE-based technology company helping enterprises adopt AI through its Sovereign AI Fabric, a hardware-agnostic platform for building, deploying, and operating AI. Runtime Fabric provides a production-ready Kubernetes foundation purpose-built for AI environments. Engine Fabric orchestrates GPUs and manages AI workloads from development through deployment. Agent Fabric helps organizations build and operate agentic applications. Security Fabric tests, governs, monitors, and secures AI models, agents, and applications. Designed for private cloud, on-premises, and air-gapped environments, the platform gives organizations control over their infrastructure, data, models, and AI operations.

Forward-Looking Statements

This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the collaboration between VivoPower and Open Innovation AI, the deployment of Open Innovation AI’s software solutions across VivoPower’s portfolio and Nordic pipeline, including the Mo i Rana site, the negotiation and execution of definitive or project-specific agreements, the origination, development and delivery of AI data center projects in the Nordics, Mainland Europe, the GCC and Asia, the expected benefits of the collaboration, the size of the sovereign AI opportunity and of the parties’ potential project pipeline, demand for sovereign AI capacity, or the benefits of the events or transactions described in this communication. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. Specifically in relation to the Heads of Agreement, the Heads of Agreement do not by themselves commit either party to any specific project, and there can be no assurance that project-specific agreements will be entered into, or that any project will proceed on the terms contemplated, on the anticipated timing, or at all. The development of any project is subject to, among other things, the availability of suitable sites, power and financing, customer and government demand, and regulatory and other approvals, the timing of which is outside the control of the Company. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.

Contact
Shareholder Enquiries
media@vivopower.com
press@openinnovation.ai

Agreement with VoxelDox Therapeutics, Inc. Creates a Clear Path to Future Value, Subject to Achievement of Development Milestones in the Planned Phase 1 Glioblastoma Trial

Sale Reinforces IMUNON’s Commitment to Its Core Strategy: Executing the Pivotal Phase 3 OVATION 3 Trial of IMNN-001

LAWRENCEVILLE, N.J., Oct. 21, 2026 (GLOBE NEWSWIRE) — IMUNON, Inc. (Nasdaq: IMNN), a clinical-stage biotechnology company developing DNA-mediated immunotherapies, today announced that it has entered into an agreement to sell its rights to ThermoDox^®, a heat-activated liposomal formulation of doxorubicin, to VoxelDox Therapeutics, Inc. (“VoxelDox”). Under the agreement, VoxelDox intends to advance the development of ThermoDox for the treatment of glioblastoma multiforme (GBM), a difficult-to-treat form of brain cancer. In exchange, IMUNON will receive an equity ownership stake in VoxelDox, payments of up to $16.5 million contingent upon meeting development milestones and significant royalties on future net sales of ThermoDox product following commercial approval.

Closing of the transaction is contingent upon VoxelDox completing a planned $2.5 million financing to support initiation of a Phase 1 clinical trial in patients with glioblastoma. The companies are announcing the agreement in advance of closing to provide visibility into the intended transaction and IMUNON’s continued strategic focus. The transaction enables IMUNON to retain potential long-term economic participation in ThermoDox while dedicating its financial and operational resources to advancing IMNN-001, the Company’s lead clinical program.

“We are pleased that ThermoDox has found a steward committed to advancing its development for the benefit of patients,” said Stacy R. Lindborg, Ph.D., President and Chief Executive Officer of IMUNON. “This agreement is consistent with our previously announced strategy to identify a development partner for this promising drug candidate and demonstrates our disciplined approach to portfolio management and capital allocation. By creating a path to realize future value from a legacy asset that has been fully written off, the transaction allows our organization to remain singularly focused on the successful execution of the pivotal Phase 3 OVATION 3 trial of IMNN-001 in frontline advanced ovarian cancer. We look forward to following VoxelDox’s progress as it works to advance this technology for patients with glioblastoma.”

Under the terms of the agreement, upon completion of VoxelDox’s financing, IMUNON will receive an equity interest of approximately 4.76% in VoxelDox, together with the potential to receive up to $16.5 million in aggregate development and sales-based milestone payments and tiered royalties ranging from 3.5% to 6% on net sales of ThermoDox-related products, if approved. IMUNON’s realization of any milestone or royalty payments, or of value from its equity position, is subject to VoxelDox’s success in financing, developing, and, if applicable, commercializing the asset, and there can be no assurance that any such value will be realized.

About VoxelDox Therapeutics, Inc.

VoxelDox Therapeutics is an emerging biotechnology company developing a precision oncology platform that integrates voxel-level measurement, heat-activated drug delivery, and image-guided treatment optimization. By combining spatially controlled thermal energy with temperature-sensitive therapeutics, VoxelDox aims to localize treatment where it is needed most. Initially focused on glioblastoma, the company is advancing a novel approach to targeted therapy with potential applications across a range of solid tumors. Moving beyond precision in diagnosis to precision in delivery, VoxelDox is advancing the future of precise medicine, one voxel at a time. For more information, visit www.voxeldoxtx.com.

About IMUNON

IMUNON is a clinical-stage biotechnology company focused on advancing a portfolio of innovative treatments that harness the body’s natural mechanisms to generate safe, effective and durable responses across a broad array of human diseases, constituting a differentiating approach from conventional therapies. IMUNON is developing its non-viral DNA technology across its modalities. The first modality, TheraPlas^®, is developed for the gene-based delivery of cytokines and other therapeutic proteins in the treatment of solid tumors where an immunological approach is deemed promising. The second modality, PlaCCine^®, is developed for the gene delivery of viral antigens that can elicit a strong immunological response.

The Company’s lead clinical program, IMNN-001, is a DNA-based immunotherapy for the localized treatment of advanced ovarian cancer that has completed multiple clinical trials, including one Phase 2 clinical trial (OVATION 2), and is currently being studied in a Phase 3 clinical trial (OVATION 3). IMNN-001 works by instructing the body to produce safe and durable levels of powerful cancer-fighting molecules, such as interleukin-12 and interferon gamma, at the tumor site. Additionally, the Company has completed dosing in a first-in-human study of its COVID-19 booster vaccine (IMNN-101). The Company will continue to leverage these modalities and to advance, either directly or through partnership, the technological frontier of plasmid DNA to better serve patients with difficult-to-treat conditions. For more information, please visit www.imunon.com.

Forward-Looking Statements

IMUNON wishes to inform readers that forward-looking statements in this release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, but not limited to, statements regarding expectations regarding the timing and enrollment of the Company’s clinical trials, the potential of any therapies developed by the Company to fulfill unmet medical needs, the market potential for the Company’s products, if approved, the potential efficacy and safety profile of our product candidates, and the Company’s plans and expectations with respect to its development programs more generally, are forward-looking statements. We generally identify forward-looking statements by using words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances). Readers are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, uncertainties relating to unforeseen changes in the course of research and development activities and in clinical trials, including the fact that interim results are not necessarily indicative of final results; the uncertainties of and difficulties in analyzing interim clinical data; the significant expense, time and risk of failure in conducting clinical trials; the need for IMUNON to evaluate its future development plans; possible actions by customers, suppliers, competitors or regulatory authorities; and other risks detailed from time to time in IMUNON’s filings with the Securities and Exchange Commission. IMUNON assumes no obligation, except to the extent required by law, to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

Contacts

Investors
Valter Pinto
KCSA Strategic Communications
212-896-1254
imunon@kcsa.com

NEWPORT NEWS, Va., Oct. 21, 2026 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.41 per share, a $0.03 increase over the $1.38 per share dividend paid in each of the prior four quarters. The $1.41 per share dividend will be payable on Dec. 11, 2026, to shareholders of record as of the close of business on Nov. 27, 2026.

About HII

HII is America’s Seapower Company. The nation’s largest shipbuilder, HII builds the manned and unmanned maritime systems and all-domain mission technologies that project U.S. and allied power around the world. With a more than 140-year history of advancing U.S. national security, HII is headquartered in Virginia and employs 45,000 people across three divisions. For more information, visit:

• HII on the web: https://www.HII.com/
• HII on Facebook: https://www.facebook.com/TeamHII
• HII on X: https://www.twitter.com/WeAreHII
• HII on Instagram: https://www.instagram.com/WeAreHII
• HII on LinkedIn: https://www.linkedin.com/company/wearehii

Contact:

Brooke Hart (Media)
brooke.hart@hii.com
202-264-7108

Christie Thomas (Investors)
christie.thomas@hii.com
757-380-2104