• Planned 300MW Badajoz campus provides foundation for European AI Cloud capacity; initial operations targeted for 2028
  • IREN establishes IREN Europe, with Roberto Purcaro appointed as Executive Director for Europe, and the European board chaired by former Banco Santander CEO Ángel Corcóstegui
  • Campus designed for compatibility with NVIDIA DSX AI Factory Platform; IREN to offer managed AI cloud services for customers with data residency and operational requirements

BERLIN, Oct. 21, 2026 (GLOBE NEWSWIRE) — At NVIDIA GTC Berlin, IREN (NASDAQ: IREN) today announced that it has established IREN Europe and secured the civil works license for its planned AI data center in Badajoz, Extremadura, Spain. The project is planned to deliver approximately 300MW of capacity, with initial operations targeted for 2028.

IREN plans to offer AI cloud services from Badajoz, including managed services, to customers seeking greater choice over where their AI workloads run and how their data and infrastructure are managed in Europe. The campus is part of IREN’s announced portfolio of more than 5GW of grid-connected power across North America, Europe and Asia-Pacific, positioning IREN to serve customers with different data residency requirements in each region.

“For customers in Europe, sovereign AI starts with two questions: where their data sits and who’s running the infrastructure,” said Daniel Roberts, Co-Founder and Co-CEO of IREN. “That’s what IREN Europe is for: our own sites, run by our own people, with a board that’s accountable in Europe. Ángel and Roberto have spent their careers building and financing infrastructure globally and in Iberia, and Badajoz is the first project in Europe.”

The Badajoz campus

At Badajoz, IREN has secured grid-connected power and the civil works license for its planned 300MW campus. IREN continues to be in close consultation with local, regional and national authorities as the project advances. The campus is designed around closed-loop liquid cooling, which requires minimal water for cooling. It’s also designed for compatibility with NVIDIA DSX AI Factory Platform.

IREN establishes European leadership

IREN has appointed Ángel Corcóstegui as Chair of the newly established board of directors of IREN Europe, the holding company for its European operations. Roberto Purcaro has been appointed Executive Director for Europe and joins the board.

IREN entered Europe in June 2026 with the acquisition of Nostrum Group, a Spain-based data center developer, and its team of more than 60, led by Gabriel Nebreda, Chief Executive Officer of IREN Spain.

Corcóstegui served as First Vice Chairman and Chief Executive Officer of Banco Santander, where he led the integration of Banco Santander and Banco Central Hispano. He co-founded Magnum Capital, a private equity firm focused on Spain and Portugal. His infrastructure and energy experience includes chairing the engineering group Eptisa, Magnum Capital’s control of the Portuguese wind operator Iberwind from 2008 to 2015, and a current seat as independent director of Moeve.

Purcaro brings more than 25 years of international experience in infrastructure, energy transition and digital infrastructure. Most recently, as Global Head of Complex Opportunities and Head of Italy at Macquarie Capital, he led the structuring of large-scale transactions involving multinational corporations, sovereign institutions and global investors.

“Spain has exceptional conditions to become a European hub for AI digital infrastructure, thanks to its excellent connectivity and abundant, competitive renewable energy,” said Corcóstegui. “It is an honor to chair IREN Europe and I look forward to helping execute our growth plans.”

“Badajoz is where IREN Europe begins,” said Purcaro. “IREN develops its own sites and operates them directly, and that’s how we’ll work in Europe. Our focus from here is the campus and the customers who’ll use it.”

Managed AI cloud services in Europe

Following the completion of its acquisition of Mirantis, IREN’s software capabilities, including k0rdent AI, can provision and manage AI infrastructure. These capabilities include workload isolation and operational controls that can help customers address data residency, security and governance requirements. k0rdent AI also integrates NVIDIA technologies, including NVIDIA Infra Controller (NICo) and NVIDIA Run:ai, into its unified platform. IREN intends to offer these capabilities alongside its European capacity as it comes online.

About IREN

IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of land and grid-connected power in renewable-rich regions across North America, Europe and Asia-Pacific.

Contacts

Investors
ir@iren.com

Media
media@iren.com

Forward-Looking Statements

This press 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, that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or IREN’s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, expectations as to development and construction timelines, anticipated benefits of new board and executive appointments, expansion into new geographies, receipt of government permits and approvals, grid connections, availability of financing, and other trends we expect to affect our business. Forward-looking statements often include words such as “anticipate,” “believe,” “may,” “can,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “target,” “will,” “estimate,” “predict,” “potential,” “continue,” “scheduled” “aim,” or other similar terminology. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this press release.

These forward-looking statements are based on management’s current expectations, plans, estimates, assumptions, and beliefs. These statements are neither promises nor guarantees, but involve and are subject to known and unknown risks, uncertainties and other important factors that may cause IREN’s actual results, performance or achievements to differ materially from any future results performance or achievements expressed or implied by the forward-looking statements, including IREN’s ability to successfully execute on its growth strategies and operating plans, including to commence operations of the Badajoz campus in 2028, deploy up to 5GW of NVIDIA DSX-aligned AI infrastructure and deliver AI cloud services in the European region, achieve its targeted annualized AI Cloud Services revenue, continue to develop its existing data center sites, design and deploy direct-to-chip liquid and air cooling systems, provide software, and operate and expand its AI Cloud Services business, along with other important factors discussed under the caption “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in IREN’s Annual Report on Form 10-K, filed with Securities and Exchange Commission (the “SEC”) on August 27, 2026 and IREN’s Quarterly Reports on Form 10-Q, filed with the SEC from time to time. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement included in this press release speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

ST. LOUIS, Oct. 21, 2026 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV), announced today that it will release financial results for the third quarter at 7 a.m. EST on November 4, 2026, followed by a conference call at 8:30 a.m. EST on the same day.

The conference call can be accessed live by dialing 1-833-461-5787 for U.S. callers or 1-585-542-9983 for international callers. The conference ID is 693618856. Interested investors and other parties may also listen to a simultaneous conference call webcast by logging onto the Investor Relations section of the Advantage Solutions website at ir.youradv.com.

A replay of the webcast will be available for a limited time on the Investor Relations section of the Advantage Solutions website at ir.youradv.com.

About Advantage Solutions

Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit YourADV.com.

Investor Contacts:
investorrelations@youradv.com

Media Contacts:
press@youradv.com

  • Hebei Shoulang New Energy Technology Co., Ltd. (“Hebei Shoulang”) in Tangshan, Hebei Province, China, has achieved ISCC EU Recycled Carbon Fuel (RCF) producer certification
  • ISCC EU certification verifies compliance with the sustainability criteria and GHG savings methodology implemented under the EU’s Renewable Energy Directive (RED III) and is recognized by the European Commission. It is also approved by the UK’s Department for Transport to demonstrate compliance with the Renewable Transport Fuel Obligation (RTFO) and the UK SAF Mandate
  • Certificate was issued under the ISCC EU scheme, following an audit by SCS Global Services and its China-based affiliate, Beijing Green Forest Certification

SKOKIE, Ill., Oct. 21, 2026 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”) today announced that Hebei Shoulang, located in Tangshan, Hebei Province, China, has been certified under the International Sustainability and Carbon Certification (ISCC) EU scheme as a Recycled Carbon Fuel (RCF) producer.

The ISCC EU certification standard is recognized by the European Commission. It complies with the sustainability criteria laid down in the Renewable Energy Directive (2018/2001/EU), which promotes the use of renewable energy sources.

Hebei Shoulang is a wholly-owned subsidiary of Beijing Shougang LanzaTech Technology Co., Ltd., (“SGLT”, 02553.HK). The facility uses patented gas fermentation technology licensed from LanzaTech to convert waste gases from steel production into ethanol. Certification enables certified and compliant volumes of the facility’s ethanol to be marketed as recycled carbon fuel for direct use in European Union marine and road markets, as well as for aviation fuel markets in the European Union and United Kingdom, subject to any additional regulatory requirements in those markets.

“This is a significant milestone for SGLT and for the Hebei Shoulang facility,” said Qingkun Song, Deputy General Manager of SGLT. “Achieving ISCC EU certification for recycled carbon fuel shows that carbon recycling is not only technically proven, but commercially relevant in regulated fuel markets. We are proud to help establish this new category and to support growing demand for certified lower-carbon fuels across Europe and beyond.”

Under RED III, EU Member States require fuel suppliers to incorporate increasing shares of renewable fuels to meet national transport decarbonization targets, and may allow recycled carbon fuels to count toward them. ISCC EU certification provides the verified sustainability, GHG emission savings calculations and chain-of-custody documentation obligated parties need to count certified volumes of ethanol, including from Hebei Shoulang, toward these targets, where national rules allow.

Meo Carbon Solutions, a sustainability consultancy specializing in greenhouse gas accounting, regulatory advice, and certification pathways for sustainable fuels, supported LanzaTech and Hebei Shoulang through the process. LanzaTech also worked with Brookfield to address renewable power requirements for the facility, a complex element of the pathway that is expected to inform future recycled carbon fuel certifications.

“Achieving ISCC EU certification for recycled carbon fuel at Hebei Shoulang is a critical step in opening regulated European fuel markets to our CarbonSmart ethanol,” said Dr. Jennifer Holmgren, CEO and Board Chair of LanzaTech. “This is not just another certificate; it creates a near-term pathway to monetize recycled carbon in EU marine and road markets, while positioning us for aviation opportunities in the EU and UK. In mandated markets where verified carbon intensity carries real value, certification is what turns customer interest into revenue opportunity and accelerates our path to profitability.”

Additional Supporting Quotes:

Quote from Dario Formenti, ISCC Senior Manager & Technical Lead for Aviation & Maritime, ISCC System GmbH:
“For ISCC, it has been a pleasure to continue working with LanzaTech and to see its facility in China achieve ISCC EU certification for Recycled Carbon Fuels, supporting the broader development of the renewable fuels ecosystem. As a leading sustainability certification scheme, ISCC supports organizations globally to build credible, sustainable supply chains through rigorous certification, including for innovative feedstocks and production pathways. This allows emerging technologies and fuels to demonstrate compliance with sustainability requirements and access regulated markets.”

Quote from Don Scott, ISCC Program Director, SCS Global Services:
“This certification proves that recycled carbon fuels can meet the same rigorous sustainability standards that govern the rest of the renewable fuel market. Our audit confirmed that Hebei Shoulang’s chain of custody and greenhouse gas accounting meet the ISCC EU scheme’s requirements. This achievement shows that facilities converting industrial waste gas into usable fuel can meet the standards that regulated European markets demand.”

Quote from Dr. Carola Krevert, Senior Project Manager & Team Lead New Market Certification, Meo Carbon Solutions GmbH:
“The successful certification of Hebei Shoulang demonstrates the value of combining deep local market expertise with strong regulatory and certification knowledge. LanzaTech’s understanding of the Chinese market and innovative technology, together with Meo Carbon Solutions’ expertise in certification requirements, including the EU Renewable Energy Directive (RED) framework and ISCC EU scheme, helped support a complex certification process. We are proud to have contributed to this important milestone and look forward to seeing recycled carbon fuels play an increasing role in the transition to more sustainable transport fuels.”

About LanzaTech

LanzaTech (NASDAQ: LNZA) is a leader in carbon management, using its proprietary gas-fermentation platform to transform waste carbon into valuable products. Through global partnerships, LanzaTech enables the production of feedstocks for high-value markets including SAF and chemicals. Headquartered in the U.S., the company provides technology and commercial pathways that strengthen industrial resilience and unlock new economic value from carbon.

About ISCC

Founded in 2010 through a multi-stakeholder initiative, the International Sustainability and Carbon Certification (ISCC) is a globally applicable and leading certification system designed to enhance traceable, sustainable, deforestation-free, and climate-friendly supply chains.

Public Relations/Media Contact:
freya@lanzatech.com

EDMONTON, Alberta, Oct. 21, 2026 (GLOBE NEWSWIRE) — TSX,NYSE: STN

Stantec, a global leader in sustainable design and engineering, will release its third quarter 2026 financial results after markets close on Thursday, November 12, 2026. On Friday, November 13, 2026, at 7:00 AM Alberta Time (8:00 AM Eastern Time), Susan Reisbord, president and chief executive officer, and Vito Culmone, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company’s performance.

Q3 2026 Webcast and Conference Call
Friday, November 13, 2026 at 7:00 AM Alberta Time (8:00 AM Eastern Time)
Go to Webcast

Conference Call – Pre-registration is recommended

To participate in the Q&A, please register: 
Conference Call Registration (Canada and United States).

After registering, an email will be sent including dial-in details and a unique conference call access code required to join the live call. Ensure you have registered at least 10 minutes before the start of the call.

The conference call and slideshow presentation will be broadcast live and available on the Events and Presentations section of Stantec.com.

About Stantec

Stantec empowers clients, people, and communities to rise to the world’s greatest challenges at a time when the world faces more unprecedented concerns than ever before.   
​
We are a global leader in sustainable architecture, engineering, and environmental consulting. ​Our professionals deliver the expertise, technology, and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more. ​

Today’s communities transcend geographic borders. At Stantec, community means everyone with an interest in the work that we do—from our project teams and industry colleagues to our clients and the people our work impacts. The diverse perspectives of our partners and interested parties drive us to think beyond what’s previously been done on critical issues like climate change, digital transformation, and future-proofing our cities and infrastructure.  ​

We are designers, engineers, scientists, project managers, and strategic advisors. We innovate at the intersection of community, creativity, and client relationships to advance communities everywhere, so that together we can redefine what’s possible.​

Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at stantec.com or find us on social media.

Investor Contact
Jess Nieukerk
Stantec Investor Relations
Ph: (403) 569-5389
ir@stantec.com

To subscribe to Stantec’s email news alerts, please fill out the subscribe form, which is available on the Contact Information page of the Investors section at Stantec.com.

  • For 40 years, Bombardier Smart Services programs have been delivering comprehensive cost coverage across major systems, including component exchanges, avionics, tires, brakes and corrosion protection, giving customers greater cost predictability and peace of mind
  • Today, more than 1,500 Bombardier aircraft are enrolled in Smart Services programs, which have logged more than 11 million total flight hours
  • Smart Services’ portfolio continues to evolve with offerings such as Smart Services Elite and Smart Services Defense, providing tailored support solutions for both business aviation and defense customers
  • With top rankings in both Aviation International News for three years in a row and Professional Pilot Product Support surveys for two years in a row, Bombardier continues to exceed the standard for industry-leading service and support for its customers worldwide

MONTREAL, Oct. 21, 2026 (GLOBE NEWSWIRE) — Bombardier today celebrated the 40th anniversary of its industry-leading Smart Services cost-per-flight-hour programs. More than 1,500 Bombardier aircraft are enrolled in Smart Services programs, representing more than 11 million total flight hours.

Bombardier’s Smart Services programs – including Smart Services Elite and Smart Services Defense – deliver comprehensive cost coverage for major systems such as cost coverage for component exchanges, avionics, tires, brakes, corrosion protection and more, providing customers with essential peace of mind and budget predictability. Today, leading operators around the world, including many fleet customers, rely on Smart Services programs to help ensure predictable maintenance costs while benefiting from an elevated client experience. In addition to comprehensive maintenance cost coverage, Smart Services go beyond standard support. With a dedicated account manager assigned to every customer, operators benefit from proactive, personalized guidance from someone who knows their aircraft, understands their operational needs and helps ensure they get the most value from their program.

“For 40 years, Smart Services have helped redefine what customers expect from aircraft support by delivering predictable maintenance costs and a premium ownership experience,” said Bill Molloy, Vice-President, Aftermarket Sales, Defense & Parts at Bombardier. “As we celebrate this milestone, we are not only reflecting on four decades of innovation and customer collaboration – we are looking ahead to the next 40 years of support excellence. Our customers’ needs continue to evolve, and we remain committed to expanding our capabilities and delivering increasingly comprehensive support solutions that provide confidence for years to come.”

That commitment to customer support continues to be recognized today, byAIN Product Support Survey and the Professional Pilot Magazine Product Support Survey. These recognitions reflect the dedication of Bombardier teams around the world and their continued focus on delivering confidence, care and convenience to customers.

This focus on customer support has continued to shape the evolution of Smart Services. The origins of today’s Smart Services programs trace back 40 years to the launch of Bombardier’s pioneering Smart Parts program, one of the industry’s first cost-per-flight-hour solutions. Bombardier was first in the aviation industry to launch cost-per-flight-hour coverage on airframe system components with the Smart Parts program in 1986. What began with predictable parts cost coverage has steadily expanded over the decades, with the introduction of new capabilities and services that have kept pace with the evolution of business aviation. Today, the Smart Services portfolio reflects four decades of continuous evolution, delivering broader, more integrated support throughout the aircraft lifecycle.

Smart Services Elite builds on Bombardier’s existing Smart Services portfolio with expanded maintenance cost coverage for major components, including scheduled and unscheduled aircraft systems and landing gear overhauls, as well as cost coverage for parts shipping, technical publications and support, a guaranteed flight-hour rate for the term, subject to annual adjustments, and Mobile Response Team (MRT) cost coverage. Smart Services Defense extends this offering through cost-per-flight-hour programs tailored specifically for defense customers, leveraging Bombardier’s 40 years of Smart Services expertise to ensure predictable maintenance costs for essential aircraft parts and services.

As Bombardier continues to expand its global aftermarket capabilities and invest in innovative customer support solutions, Smart Services will remain a cornerstone of the company’s customer support strategy.   As part of the milestone, Bombardier will celebrate the 40th anniversary of Smart Services during NBAA-BACE in Las Vegas from October 20 to 22, with an evening event on October 21 bringing together customers and stakeholders.

About Bombardier

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

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

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

For Information

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

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

Media Contacts
General media contact webform

Christina Lemyre McCraw
+1-514-497-4928 
christina.lemyremccraw@aero.bombardier.com

Bombardier, Smart Services, Smart Services Defense and Smart Services Elite are registered or unregistered trademarks of Bombardier Inc. and its subsidiaries.

Einride Adopts NVIDIA Alpamayo for Autonomous Trucks

An Einride autonomous truck on a public road in the port of Antwerpen.
An Einride autonomous truck on a public road in the port of Antwerpen.
  • The collaboration will bring NVIDIA Alpamayo into Einride’s safety-first architecture as the Company plans to be the first trucking company to deploy Alpamayo on NVIDIA Hyperion.
  • This collaboration extends Einride’s strategic relationship with NVIDIA, which was announced on September 21, to build the next generation of the Einride Driver on the NVIDIA Hyperion platform.
  • The objective is to cost-effectively scale Einride’s autonomous deployment across highway and point-to-point routes within a freight network already serving customers

STOCKHOLM, Oct. 21, 2026 (GLOBE NEWSWIRE) — Einride AB (Nasdaq: ENRD) (“Einride” or the “Company”), a company leading the transition to cost-efficient autonomous and electric freight, today announced a collaboration with NVIDIA to evaluate NVIDIA Alpamayo, an AI reasoning driving model, as part of Einride’s autonomous driving system, the Einride Driver. Einride plans to be the first trucking company to deploy Alpamayo on Hyperion, partnering closely with NVIDIA to advance autonomous trucking through reasoning-based AI.

As part of the collaboration, Einride will adapt Alpamayo to its own vehicles, routes and operating data. The approach is designed to shorten development cycles and reduce the cost of further extending the Einride Driver to new vehicle types and routes. Einride’s data from real freight operations is what turns a general driving model into a capability built for trucking. The project builds toward a live road evaluation planned for the second half of 2027.

Alpamayo is NVIDIA’s Vision Language Action (VLA) model. It interprets the driving scene, proposes how the vehicle should move and explains its reasoning. Within the Einride Driver, Alpamayo will operate inside Einride’s safety architecture, which keeps full authority over the vehicle.

“Our advantage has always been running autonomous freight in the real world, for real customers,” said Henrik Green, chief technology officer at Einride. “Alpamayo brings valuable reasoning capabilities we can build on as we continue to design, build and operate the Einride Driver and our safety architecture. Being the first trucking company in this engagement gives us the opportunity to help shape the model for freight.”

Einride will post-train and distill Alpamayo on its proprietary operational data, testing the model in “shadow mode”. In shadow mode, Alpamayo runs live without controlling the vehicle, allowing its outputs to be evaluated against Einride’s driving planner and human driver performance while existing safety systems remain in full control.

“Physical AI is opening new possibilities for autonomous freight,” said Rishi Dhall, vice president of automotive at NVIDIA. “By combining NVIDIA Alpamayo and NVIDIA Halos safety system with Einride’s real-world freight data and safety engineering on Hyperion, we’re exploring how reasoning-based AI can help trucks navigate complex driving conditions and accelerate development for new routes and vehicle types.”

The collaboration extends the strategic relationship Einride announced on September 21, under which Einride is building the next generation of the Einride Driver on the NVIDIA Hyperion platform, integrated with NVIDIA Halos safety system, and training and validating its driving models with NVIDIA Cosmos and Blackwell infrastructure. NVIDIA Blackwell is a groundbreaking architecture designed for generative AI and accelerated computing, featuring the second-generation Transformer Engine and advanced NVLink interconnects to deliver unprecedented performance and efficiency.

About Einride

Founded in Stockholm in 2016, Einride (Nasdaq: ENRD) is a technology leader driving the transition to sustainable, cost-efficient autonomous and electric freight operations. The Company’s platform integrates AI-powered freight intelligence, proprietary autonomous technology, and one of the world’s largest electric heavy-duty fleets. Einride serves a global customer base across North America, Europe, and the Middle East through a dual business model encompassing Freight-Capacity-as-a-Service (FCaaS) and a Software-as-a-Service (SaaS) platform.

Media Contact

Einride Media Contact: Christina Zander, press@einride.tech, +46 728 889 610

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/30140810-ea5d-4585-ba4f-51a2dad5ad72

Press Release

Nokia advances AI-RAN toward commercial deployment and physical AI, launches sovereign agentic AI platform for telco autonomy with NVIDIA

  • New capabilities improve radio performance, enable real-time intelligence at the edge and extend governed AI agents across network operations.
  • Nokia AI-native anyRAN software and NVIDIA accelerated computing turn the radio access network into a distributed platform for sensing, intelligence and real-time action.
  • BT, Deutsche Telekom, Elisa and Orange provide growing evidence of AI-RAN progress among European operators.
  • dApps and an expanding infrastructure ecosystem extend the platform for physical-AI and edge-AI applications.

21 October 2026

Berlin, Germany – Nokia today announced the next step in how it is bringing AI-native networks to commercial reality with NVIDIA, with new capabilities that apply AI within radio processing, support intelligence close to where data is generated and extend governed AI agents for cross-domain network operations. Building on the industry’s first commercial AI-RAN platform, announced in July, AI-RAN is being integrated into live networks and moving closer to deployment. Together, Nokia and NVIDIA are creating the real-time network foundation needed for physical-AI applications while giving operators a practical path to improve today’s 5G and 5G Advanced networks and evolve to AI-native 6G.

Customer progress moves AI-RAN closer to deployment
One year ago, Nokia and NVIDIA formed a partnership to add NVIDIA-powered, commercial-grade AI-RAN products to Nokia’s radio access network portfolio. The companies are now applying AI within the 5G signal-processing chain, including channel estimation, beamforming, multi-user MIMO pairing and scheduling. Nokia AI-native anyRAN software, running on NVIDIA Aerial RAN Computer, provides a software-defined foundation for integrating AI-powered radio functions that improve network capacity and performance.

“The next era of connectivity will be defined by networks that do far more than connect: They will distribute intelligence, continuously optimize performance and enable entirely new AI-powered services, including the emerging world of physical AI,” said Pallavi Mahajan, Chief Technology and AI Officer at Nokia. “Together with NVIDIA and leading operators, Nokia is turning this vision into reality by bringing AI into the radio network and across network operations. This creates a trusted, software-defined foundation that helps operators get more from their spectrum today while enabling new Physical AI use cases and opening a practical path toward increasingly autonomous, AI-native 6G networks.”

“The next generation of telecommunications infrastructure will be built on a software-defined architecture,” said Ronnie Vasishta, Senior Vice President, Telecom at NVIDIA. “NVIDIA and Nokia are combining CUDA accelerated computing and AI with Nokia’s network software and expertise to improve radio performance and deploy trusted AI agents. Together, we are advancing software-defined, AI-native 5G and laying the foundation for 6G.”

Recent customer activity provides growing evidence of deployment progress: 

  • In Helsinki, Elisa ran voice, mobile data and video analytics simultaneously on the same AI-RAN platform in its 5G network, demonstrating how AI-RAN can support radio and AI workloads in a live network environment. Distributed deployment and the evaluation of customer use cases and commercial AI-RAN services are expected in 2027.
  • BT is preparing to deploy a live-network trial in Birmingham in 2027.
  • Deutsche Telekom and Nokia are developing AI-based channel estimation as part of a broader set of AI-driven capabilities to improve network performance and efficiency. While this is just one element of the broader AI-RAN opportunity, initial laboratory measurements showed typical uplink throughput improvements of 10–15%, with greater gains under more complex radio conditions. The next phase will extend this work with additional AI spectral-efficiency algorithms and field validation.
  • Orange plans to progress on testing AI-RAN in both lab and real network conditions.

Together, these customer programs are part of a broader platform built around three capabilities: AI-led spectral efficiency to extract more capacity from existing spectrum; integrated sensing and communications to help the network understand the physical environment; and localized inference to process intelligence close to where data is generated.

An open ecosystem for AI-RAN applications and deployment
In addition to its work with telecommunications providers, Nokia is extending its AI-RAN ecosystem through distributed applications (dApps) that run at the network edge and enable new services. Nokia’s E3 interface gives these applications real-time access to RAN data, turning the radio network into a programmable platform for sensing and localized intelligence. Using dApps: 

  • DeepSig, a pioneer in AI-native wireless communications, is developing spectrum-sensing software that uses existing radio infrastructure to identify RF threats, interference and rogue transmitters.
  • ZaiNar, a Physical AI company building real-time spatial intelligence technology, is integrating its positioning software with Nokia Cloud AI-RAN to enable precise, network-based location capabilities using existing wireless infrastructure, without requiring changes to connected devices or radio hardware.

At NVIDIA GTC Berlin, Nokia is demonstrating integrated sensing and communications, showing how the RAN can detect and understand activity in the physical environment. Nokia and NVIDIA are working with a growing infrastructure ecosystem to provide the deployment foundation for these capabilities: 

  • Dell Technologies, Quanta Cloud Technology and Supermicro are supporting flexible NVIDIA Aerial RAN Computer configurations for distributed and centralized deployments that run Nokia 5G anyRAN software alongside AI inference workloads.
  • Red Hat is bringing AI-RAN technologies onto a common cloud-native platform with Red Hat OpenShift, creating a secure foundation for RAN functions and AI workloads on shared infrastructure.

Sovereign agentic AI platform for telco autonomy, co-created by Nokia and NVIDIA
Nokia and NVIDIA are also advancing their collaboration on agentic AI for trusted, sovereign, cross-domain network autonomy. NVIDIA AI Enterprise software and NVIDIA Nemotron models and libraries are being integrated into Nokia’s agentic platform, allowing operators to build, evaluate, deploy and operate telco-specific agents across radio, core, transport and cloud networks. Nokia provides the network intelligence, operational context and governance needed for agents to understand network conditions and take controlled action. Glass-box autonomy maintains operator oversight, while agentic guardrails govern how actions are tested and executed.

The combined architecture, integrated with NVIDIA open models and libraries, supports on-premises, cloud and hybrid deployments, giving operators control over where operational data, models and policies reside. It extends the Nokia and NVIDIA collaboration from AI in the radio network to autonomous operations, creating a common foundation to optimize the RAN, support AI workloads close to where data is generated and enable low-latency autonomy across network domains. Several telecommunication providers, including etisalat UAE, MEO and Airtel, are working with Nokia to identify advanced use cases and integration timelines.

High-performance solutions that link distributed AI infrastructure
At GTC, Nokia will also showcase high-performance IP and optical solutions required to link distributed AI infrastructure. Nokia’s data center connectivity, IP gateway and wide-area networking solutions, including 800G coherent pluggables, help cloud and AI builders scale connectivity across a diverse and growing set of data center locations. By connecting radio, edge and data-center resources as one coordinated infrastructure environment, Nokia’s technology supports AI workloads everywhere.

Multimedia, technical information, and related news
Webpage: AI-RAN
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Distribution arrangement marks the Company’s entry into Romania

VANCOUVER, British Columbia, Oct. 21, 2026 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (TSX: BOIL) (OTCQB: BEOLF) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while improving food quality, lowering operational costs, minimizing waste and enhancing sustainability, today announced that it has entered the Romanian market through a new distribution arrangement with GRUP GENERAL ID (the “Distributor”), a leading provider of professional kitchen and hygiene solutions to Romania’s HoReCa (hotel, restaurant and catering) sector, which has placed an initial order for one container of Beyond Oil’s product valued at approximately US$75,600.

The Distributor will market and distribute Beyond Oil’s product to foodservice customers across Romania’s HoReCa market, which is estimated at roughly EUR 7.3 billion in 2024 (Hospitality Culture Institute). The initial order marks Beyond Oil’s entry into the Romanian market and extends the Company’s growing European distribution footprint.

“Romania represents an attractive new market for Beyond Oil, and we are pleased to begin our entry with GRUP GENERAL ID, a partner that shares our focus on food quality, health and sustainability,” said Jonathan Or, CEO and Co-Founder of Beyond Oil. “This initial order is the first step in what we believe can become a meaningful presence in the Romanian foodservice market, and it reflects the continued momentum of our European distribution strategy as we expand our reach across the region.”

“Romania’s foodservice operators are under growing pressure to control frying-oil costs without compromising food quality, and Beyond Oil answers that need directly,” said Ionut Roatis, CEO of GRUP GENERAL ID. “We have dedicated nearly two decades to equipping and servicing Romania’s professional kitchens, and we see every day how much oil quality and cost matter to our customers. Beyond Oil’s technology is a genuine step change, and we are excited to bring it to the market through a phased rollout that begins with live demonstrations and pilots with our leading customers before expanding across the country.”

About Beyond Oil Ltd.

We all love fried food. Let’s make it better. Not by changing what people love. By improving the system behind it. Beyond Oil Ltd. (TSX: BOIL, OTCQB: BEOLF) is a food-tech innovation company on a mission to help foodservice operators improve fried food across every dimension that matters: quality, health, consistency, safety, sustainability and profitability. We achieve these outcomes by improving the system behind every kitchen, the frying performance and oil management that determine what lands on the plate. The Company’s patented technology, cleared by the FDA and Health Canada, integrates into existing kitchen workflows to improve frying performance and oil management, helping operators deliver more consistent food, strengthen operational control and reduce oil waste. Beyond Oil’s solution serves restaurant chains, supermarkets, hotels, catering, institutions and industrial frying operations worldwide, turning frying into a measurable, repeatable and scalable brand standard. The result is a better frying standard, helping every fryer, every shift and every plate live up to the food people love. For more information, please visit: www.beyondoil.co.

About GRUP GENERAL ID

Founded in 2007 and based in Baia Mare, GRUP GENERAL ID supplies professional solutions to Romania’s HoReCa (Hotel, Restaurant, Catering) sector. For nearly two decades, GRUP GENERAL ID has evolved from hygiene and professional cleaning into the full commercial-kitchen cycle: design, supply, installation, servicing and maintenance carried out by its own technicians.

Forward-Looking Statements and Information

This news release contains “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of other relevant securities legislation, including applicable securities laws in Canada, which reflect Beyond Oil Ltd.’s current views with respect to, among other things, its operations and financial performance (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and include, but are not limited to, statements which reflect management’s current estimates, beliefs and assumptions and which are in turn based on our experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. The estimates, beliefs and assumptions of Beyond Oil Ltd. are inherently subject to significant business, economic, competitive and other uncertainties and contingencies regarding future events and as such, are subject to change. Forward-looking statements are typically identified by words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, this news release contains forward-looking statements regarding: the Company’s entry into the Romanian market and the expansion of its European distribution footprint; the potential for the initial order from GRUP GENERAL ID to lead to additional orders or broader adoption of the Company’s product in Romania; and the Company’s ability to grow revenue through new distributor relationships. Forward-looking statements are subject to specific risks and uncertainties, including: the risk that the initial order does not lead to additional orders or broader adoption in Romania; the timing, pace, and extent of customer adoption in new markets; supply chain and distribution capabilities in new markets; competitive pressures in commercial kitchen and oil management solutions; and general economic and market conditions affecting the foodservice industry. Although Beyond Oil Ltd. believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in the USA and Canada, as well as factors not presently known to Beyond Oil Ltd. or that Beyond Oil Ltd. currently believes are not material, could cause actual results to differ materially from those contemplated or implied by forward-looking statements. Readers are urged to consider these risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements, which are based only on information available to us as of the date of this news release. Except as required by law, Beyond Oil Ltd. undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.

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

Contacts

Company Contact:
Adi Olesker, VP of Investor Relations
Phone: +972-50-694-2517
adio@beyondoil.co

Investor Relations Contact:
Arx Investor Relations
North American Equities Desk
BOIL@arxhq.com

Hong Kong, Oct. 21, 2026 (GLOBE NEWSWIRE) — Green Circle Decarbonize Technology Limited (the “Company”) (NYSE: GCDT), a premier provider of customized energy-saving solutions, has officially entered into a non-binding Memorandum of Understanding (the “MOU”) with SANVO Fine Chemicals Group Limited (“SANVO”) and Menzies Eurus Aviation Services Limited (“Menzies Eurus”), third-party strategic partners.

Under the MOU, the parties will work together to introduce energy-saving solutions across airport facilities. By combining SANVO’s chemical formulations with Menzies Eurus’s aviation ground-handling operations, the Company plans to deliver tailored decarbonization strategies to help optimize energy use, lower carbon emissions, and improve the heating, ventilation, and air conditioning efficiency across airport infrastructure.

Menzies Eurus a premier joint venture combining the global airport services expertise of Menzies Aviation Limited (“Menzies Aviation”) with the robust logistics network of Eurus Express Limited (“Eurus Express”). Menzies Aviation and Eurus Express hold equity interest of 49% and 51% in Menzies Eurus, respectively. Eurus Express is a comprehensive logistics solutions provider headquartered in the Greater Bay Area (Hong Kong, Shenzhen) and the Hainan Free Trade Port (Haikou), operates a global network spanning 58 locations across 17 countries.

The MOU reflects the dedication of the Company to facilitating sustainable transformation in the aviation industry. Through the strategic integration of each party’s technical strengths and operational networks, the partnership seeks to catalyze the implementation of advanced decarbonization technologies, establishing upgraded benchmarks for environmental excellence in the airport infrastructure.

The Company previously entered into a strategic partnership agreement (the “Partnership Agreement”) with SANVO in September 2026. Pursuant to the Partnership Agreement, SANVO has been appointed as the sole supplier and exclusive manufacturer for the mass production of the Company’s BocaPCM-TES Panels in the People’s Republic of China.

About Green Circle Decarbonize Technology Limited

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Green Circle Decarbonize Technology Limited

Investor Relations Department
Email: dr.richardchan@gmail.com

News Summary

  • Nutanix and Netris have announced a strategic collaboration to deliver a jointly engineered multitenant infrastructure stack designed specifically for neoclouds and enterprises — combining Nutanix Cloud Platform and its proven capabilities with Netris Network Automation, Abstraction, and Multitenancy (NAAM).
  • The joint solution will enable neoclouds to launch secure, NVIDIA GPU-accelerated IaaS offerings faster, create new revenue opportunities and meet NVIDIA’s technical requirements for delivering multitenant services to neocloud customers.
  • Enterprises will be able to run business-critical AI workloads on multitenant GPU infrastructure with hard isolation (enforced on networking hardware) between tenants.
  • The combined solution will deliver automation and abstraction across compute and networking, enabling infrastructure to be provisioned and consumed through a cloud-like experience.

Why It Matters
An offering that integrates Nutanix technology with Netris technology will enable neoclouds and enterprises to bring secure, multitenant GPU services to market faster, expand their service offering, and accelerate time to revenue. By simplifying how AI infrastructure is deployed and consumed across bare-metal and virtualized environments, neoclouds will be able to scale more efficiently and improve margins as their business grows.

BERLIN, Oct. 21, 2026 (GLOBE NEWSWIRE) — NVIDIA GTC – Nutanix (NASDAQ: NTNX), a hybrid cloud leader and AI platform company, and Netris, the leading provider of Network Automation, Abstraction, and Multitenancy (NAAM) for AI infrastructure, today announced a strategic collaboration to deliver a jointly engineered infrastructure stack designed specifically for neoclouds and enterprises. By combining Nutanix Cloud Platform and Nutanix’s expertise in cloud infrastructure and compute orchestration with the Netris NAAM platform, the joint solution will provide neoclouds and enterprises with a scalable, secure, and multitenant solution across the infrastructure.

As the demand for AI infrastructure accelerates, neoclouds and enterprises are leading the deployment of large GPU clusters to support a broad range of AI workloads. Delivering this infrastructure as a service requires both soft isolation and hard isolation (enforced on networking hardware) that extends across every layer of the infrastructure, from the compute layers and data processing units to the physical switches.

An Automated Multitenant Infrastructure Stack for AI Clouds

Bringing together Nutanix’s cloud infrastructure capabilities with Netris network automation and multitenancy, the joint solution will provide neoclouds and enterprises with a secure, multitenant AI infrastructure stack across bare-metal and virtualized environments, enabling providers to instantly onboard customers, maintain strict isolation between tenants from compute through the physical network, and deliver AI services through a cloud-like self-service experience.

Key highlights of the joint solution for neoclouds and enterprises will include:

  • Automated Network Fabric Operations: Simplifies AI infrastructure deployment by automatically configuring the physical network as tenant resources are provisioned, reducing manual effort, accelerating time to value, and improving operational consistency.
  • Unified Multitenant Networking: Delivers a consistent networking experience across physical and virtual environments by translating Nutanix tenant requirements into the appropriate underlying network services for bare-metal and virtualized GPU nodes.
  • Self-Service Cloud Networking: Provides cloud-grade networking constructs — VPCs, elastic IPs, NAT, and L4 load balancers — through a web console, REST API, and Terraform, enabling infrastructure to be consumed through a self-service, cloud-like experience.
  • High-Performance AI Factory Networking: Supports the connectivity for demanding AI workloads, enabling efficient edge, East-West, North-South, scale-up, and host-based networking traffic flows.
  • End-to-End Tenant Isolation: Extends secure hard and soft tenant isolation across the entire network — from virtual workloads through the physical switching layer — supporting secure, reliable GPU-as-a-Service offerings on shared infrastructure.

Executive Commentary

“Neoclouds and NVIDIA Cloud Partners are at the forefront of the AI transformation, but building the cloud operating stack required to monetize GPU clusters at scale is remarkably complex,” said Ketan Shah, Vice President, Product Management, Nutanix. “By pairing Nutanix’s Agentic AI solution with the Netris NAAM platform, we will provide AI cloud operators with an out-of-the-box solution to accelerate their journey from metals to margins. We chose to partner with Netris, a leader in network automation, abstraction, and multitenancy, to give operators true self-service networking across both bare-metal and virtualized environments. This will enable our partners to deliver secure, multitenant IaaS environments quickly while maintaining the simplicity and enterprise reliability that Nutanix is known for.”

“AI infrastructure is scaling incredibly fast, and the network has to scale with it,” said Alex Saroyan, CEO and Co-Founder of Netris. “An AI cloud needs two layers working as one — Nutanix’s compute orchestration and virtualization, backed by deep operational leadership and experience, and Netris network automation, abstraction, and multitenancy. What makes this collaboration matter is that those layers stay continuously in sync, giving neoclouds and enterprises a single automated stack for secure, multitenant GPU services.”

Analyst Commentary

“AI infrastructure providers are evolving beyond GPU capacity to deliver trusted inference environments, workload orchestration, agent lifecycle management, and managed AI services. The differentiator will be a cloud-like operating model that combines performance with control, isolation, and security at every layer of the stack.”

  • Steve McDowell, Principal Analyst, NAND Research

Availability

The joint solution is planned to be available in tech preview in early 2027.

About Nutanix

Nutanix is a hybrid cloud leader and AI platform company, offering organizations a unified infrastructure software platform to safely run applications, data, and AI anywhere. Trusted by customers worldwide, Nutanix empowers more than 50% of the Global 2000 to innovate faster with AI, while modernizing infrastructure, simplifying operations, and controlling costs. Learn more at www.nutanix.com or follow us on social media.

About Netris

Netris is the leading provider of network automation and multitenancy for AI infrastructure, purpose-built for neoclouds, sovereign AI operators, and AI factories. The Netris NAAM (Network Automation, Abstraction, and Multitenancy) platform delivers network orchestration for AI clusters, hard multitenancy enforced on networking hardware, and cloud-provider-grade automation across Ethernet, InfiniBand, DPUs, and virtual and edge networking — from Day Zero design and simulation through live operations. Netris enables operators to launch GPU clouds in weeks, provision tenants instantly with isolation configured automatically, and maximize GPU utilization by dynamically reallocating capacity across tenants. Netris is the most widely deployed network automation platform for AI clusters, with 70+ live deployments. Founded in 2018 and backed by Andreessen Horowitz, Netris is headquartered in Santa Clara, California. Learn more at netris.io.

©2026 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo and all Nutanix product and service names mentioned are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. All other brand names mentioned are for identification purposes only and may be the trademarks of their respective holder(s).

This content may contain express and implied forward-looking statements, including but not limited to statements regarding our plans and expectations relating to new product features and technology under development, the capabilities of such product features and technology, and our plans to release product features and technology. Such statements are not historical facts and are instead based on our current expectations, estimates and beliefs, including statements about The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond our control, and actual results may differ materially and adversely from those anticipated or implied by such statements, including, among others: failure to develop, or unexpected difficulties, delays or disruptions in developing, releasing or distributing, new products, services, product features or technology in a timely or cost-effective basis. Any forward-looking statements included speak only as of the date hereof and, except as required by law, we assume no obligation to update or otherwise revise any such forward-looking statements to reflect subsequent events or circumstances. Certain products and features or functionalities described herein remain in varying stages of development and will be offered on a when-and-if-available basis. The development, release, and timing of any such products, features or functionalities are subject to change. Nutanix will not have any liability for any failure to deliver or delay in the delivery of any such products, features or functionalities. Any future product or product feature information is intended to outline general product directions, and is not a commitment, promise, or legal obligation for Nutanix to deliver any functionality. This information should not be used when making a purchasing decision.

CONTACT: Contacts

Nutanix
Ken Lotich
pr@nutanix.com

Netris
Jason Klein
pr@netris.io

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