MONTREAL, Québec, May 13, 2026 /3BL/ – Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) is pleased to announce the publication of its 22nd Sustainability Report1, highlighting progress under its Next Generation Sustainability strategy2 and ongoing efforts to create long-term value.

“Since its launch in 2022, our Next Generation Sustainability strategy has steadfastly guided our approach to making apparel with respect for the environment, our people, and our communities,” says Glenn J. Chamandy, President and CEO of Gildan. “In 2025, thanks to the commitment of our employees, we saw notable advancements towards our targets. As we move forward with the integration of HanesBrands, we look forward to setting revised goals and scaling our sustainability efforts to reflect the organization’s continued growth.”

In 2025, Gildan made notable progress towards its Next Generation Sustainability targets as the Company:

  • Achieved its goal of sourcing 100% sustainable cotton3 and began using a third-party platform to strengthen cotton traceability
  • Surpassed its water intensity reduction target for the second consecutive year, achieving an approximate 25% reduction in water withdrawn per kilogram of fabric produced compared to a 2018 base year
  • Increased the amount of recycled polyester or alternative fibre and/or yarns sourced to 25.2% in 2025
  • Strengthened its commitment to health and safety, with nine Gildan-operated facilities achieving ISO 45001 certification by the end of 2025

Gildan also continued to be recognized for its sustainability practices. The Company was:

  • Included in the Dow Jones Best-in-Class North America Index for the 13th consecutive year4
  • Included in the 2026 Sustainability Yearbook by S&P Global for the 14th consecutive year
  • Recognized by CDP with an A- score for its 2025 Climate Change disclosure
  • Recognized by several leading sustainability ratings and assessments, including MSCI, ISS ESG, TIME, and Corporate Knights
  • Awarded the FUNDAHRSE Socially Responsible Company Seal 2025

The full 2025 Sustainability Report is available on Gildan’s corporate website, along with refreshed sustainability webpages featuring additional information on the Company’s approach to key sustainability topics.

1. This press release and the 2025 Sustainability Report cover Gildan-operated assets for the full 2025 reporting period, from January 1 to December 31, 2025. Unless otherwise indicated, they do not include or reflect data or information from HanesBrands.
2. Formerly known as the Next Generation ESG strategy.
3. We consider the following types of cotton to be sustainable: sustainable cotton provided through third-party verified programs that support environmental and/or social sustainability improvements and/or outcomes. Sustainable cotton from third-party verified programs includes, for example, verified U.S.-grown cotton (USCTP), Better Cotton (formerly BCI), organic cotton, recycled or regenerative cotton, and fair-trade cotton. 
4. Formerly known as Dow Jones Sustainability™ North America Index. Gildan has been included in the Index for 13 consecutive years as of May 1, 2026.

About Gildan

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear, socks, and intimates sold to a broad range of customers, including wholesale distributors, screenprinters, embellishers, retailers or e-commerce platforms, as well as global lifestyle brand companies and directly to consumers. Gildan markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, Hanes®, Comfort Colors®, American Apparel®, ALLPRO™, GOLDTOE®, Peds®, Bali®, Playtex®, Maidenform®, Bonds®, as well as Champion® which is under an exclusive licensing agreement for the printwear channel in the U.S. and Canada.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Asia. Gildan integrates industry-leading labour, environmental, and governance practices into its operations and supply chain under a sustainability program that is aligned with its long-term business strategy. More information about Gildan and its sustainability commitments and initiatives can be found at www.gildancorp.com

Investor inquiries:

Jessy Hayem, CFA
Senior Vice-President, Head of Investor Relations and Global Communications
(514) 744-8511
jhayem@gildan.com

Media inquiries:

Jonathan Binder
Director, Corporate Communications
(336) 519-6330
communications@gildan.com

Two years ago, Southwire partnered with SKILLED Nation, formerly SkillPointe Foundation, a national nonprofit dedicated to innovative scholarship solutions, to create a scholarship for 12 for Life® students graduating high school.

Since then, the Southwire 12 for Life SKILLED Scholarship has helped students take the next step toward meaningful careers in the skilled trades.

“As a Georgia-headquartered organization, SKILLED Nation is especially proud to support Southwire in helping the next generation discover and pursue meaningful careers in the skilled trades,” said Alvin Townley, Founding Executive Director of SKILLED Nation. “Through innovative initiatives like the 12 for Life program, Southwire is uniquely preparing young people for high-demand career pathways, while the Southwire 12 for Life SKILLED Scholarship ensures they can continue their journey beyond high school. We are honored to partner with an organization so committed to investing in talent and strengthening the communities we serve.”

In its first year, the scholarship was awarded to 10 graduating seniors in Carrollton, Georgia, and Florence, Alabama, with each student receiving $10,000 to continue their education.

Among the first recipients was Magnum Cannon, a 2024 graduate of the 12 for Life program, who said the experience has significantly shaped his future.

“Receiving this scholarship means a lot to me,” Cannon said. “The program I am in provides me with hands-on experience in advanced manufacturing technology. It has influenced my future by giving me practical skills and a deep understanding of the manufacturing field.”

Cannon, who is studying Industrial Systems Technology and HVAC, is expected to graduate this year from Northwest Shoals Community College.

Fellow 2024 recipient Robert Anthony shared a similar perspective on the program’s impact.

“12 for Life has not only influenced my future career path, but has also shaped me into a more compassionate, understanding and dedicated individual,” said Anthony, who is expected to graduate from West Georgia Technical College this year. “Receiving the scholarship lifted a huge financial burden and allowed me to focus on my studies instead of worrying about expenses. It motivated me to work even harder to succeed.”

Over the past two years, the scholarship has provided more than $200,000 to support students pursuing community college, technical, vocational or other postsecondary education.
This year, the Southwire 12 for Life SKILLED Scholarship will continue to build on its impact by funding $100,000 in scholarships to help students pursue postsecondary education and careers in the skilled trades.

“Through our partnership with SKILLED Nation and the 12 for Life program, we’re proud to invest in the bright futures of these outstanding students. This isn’t just support for education—it’s an investment in the strength and success of the communities where we live and serve. These scholarships open doors to meaningful careers and lasting achievement, and we can’t wait to see what our students accomplish,” said Burt Fealing, Executive Vice President, General Counsel, Corporate Secretary, and Chief Sustainability Officer at Southwire.

To learn more about sustainability initiatives at Southwire, visit https://southwire.com/sustainability.

May 13, 2026 /3BL/ – W. L. Gore & Associates Marks 50 Years of GORE-TEX Fabrics.

W. L. Gore & Associates is celebrating 50 years of GORE-TEX® Fabrics – highlighting science-led innovation and a commitment to “responsible performance,” bringing performance, durability, and sustainability forward together. The announcement spotlights efforts to design longer-lasting products, collaborate on durability standards with external stakeholders, advance next-generation materials like ePE, and transition manufacturing to 100% renewable electricity. Learn more about the 50-year milestone story at gore-tex.com/about/50-years.

Discover what 50 years of Going Further, Together looks like: 50 Years of GORE-TEX® Brand Innovation

Gore-Tex Laminate... waterproof, breathable, versatile

About Gore Fabrics
Gore introduced GORE-TEX® Fabric to the outerwear industry more than 45 years ago and continues to develop performance apparel technologies. Gore’s Fabrics products provide comfort and protection in challenging environments and in everyday life, enabling wearers to safely and confidently achieve and experience more. From hiking in downpours to defense operations and fighting fires, Gore’s deep understanding of consumer and industry needs drives development of products with meaningful performance advantages. https://www.gore-tex.com and https://www.goretexprofessional.com/

About Gore
W. L. Gore & Associates is a global materials science company dedicated to transforming industries and improving lives. Since 1958, Gore has solved complex technical challenges in demanding environments – from outer space to the world’s highest peaks to the inner workings of the human body. With more than 13,000 Associates and a strong, team-oriented culture, Gore generates annual revenues of $5 billion.
For more information, visit gore.com.

# # #

Products listed may not be available in all markets.
GORE, GORE-TEX, Together, improving life and designs are trademarks of W. L. Gore & Associates.
© 2026 W. L. Gore & Associates, Inc.

Gore Fabrics Business Media Contacts

Molly Cuffe
W. L. Gore & Associates
mcuffe@wlgore.com
 

Monika Lischke
W. L. Gore & Associates
mlischke@wlgore.com

May 13, 2026 /3BL/ – Trane® and RunTru®, brands of Trane Technologies, a global climate innovator, have been recognized by Green Builder® in Green Builder’s 2026 Sustainable Brand Index, which highlights the companies that builders, architects, and industry professionals trust most in sustainable building.

Featured in the March/April issue of Green Builder magazine, the 2026 Sustainable Brand Index evaluates companies across three key dimensions—survey-based feedback, market visibility, and public sentiment—to generate a comprehensive Brand Index Score. The index offers a snapshot of the brands leading the market, building momentum, and helping shape the future of high-performance housing.

In the HVAC category, Trane® and RunTru® were recognized for high-performance heat pump systems aligned with electrification and energy efficiency trends. This recognition reflects Trane’s continued commitment to helping homeowners, builders, and industry partners advance more sustainable and efficient buildings.

Trane is also leading the industry through Trane Technologies’ 2030 Sustainability Commitments, including the Gigaton Challenge – the company’s pledge to help customers reduce greenhouse gas emissions by one billion metric tons – and its goal to achieve net-zero emissions by 2050.

Trane and RunTru are trademarks of Trane in the United States and other countries. All trademarks referenced are the trademarks of their respective owners.

May 13, 2026 /3BL/ – Trane® and RunTru®, brands of Trane Technologies, a global climate innovator, have been recognized by Green Builder® in Green Builder’s 2026 Sustainable Brand Index, which highlights the companies that builders, architects, and industry professionals trust most in sustainable building.

Featured in the March/April issue of Green Builder magazine, the 2026 Sustainable Brand Index evaluates companies across three key dimensions—survey-based feedback, market visibility, and public sentiment—to generate a comprehensive Brand Index Score. The index offers a snapshot of the brands leading the market, building momentum, and helping shape the future of high-performance housing.

In the HVAC category, Trane® and RunTru® were recognized for high-performance heat pump systems aligned with electrification and energy efficiency trends. This recognition reflects Trane’s continued commitment to helping homeowners, builders, and industry partners advance more sustainable and efficient buildings.

Trane is also leading the industry through Trane Technologies’ 2030 Sustainability Commitments, including the Gigaton Challenge – the company’s pledge to help customers reduce greenhouse gas emissions by one billion metric tons – and its goal to achieve net-zero emissions by 2050.

Trane and RunTru are trademarks of Trane in the United States and other countries. All trademarks referenced are the trademarks of their respective owners.

May 13, 2026 /3BL/ – Trane® and RunTru®, brands of Trane Technologies, a global climate innovator, have been recognized by Green Builder® in Green Builder’s 2026 Sustainable Brand Index, which highlights the companies that builders, architects, and industry professionals trust most in sustainable building.

Featured in the March/April issue of Green Builder magazine, the 2026 Sustainable Brand Index evaluates companies across three key dimensions—survey-based feedback, market visibility, and public sentiment—to generate a comprehensive Brand Index Score. The index offers a snapshot of the brands leading the market, building momentum, and helping shape the future of high-performance housing.

In the HVAC category, Trane® and RunTru® were recognized for high-performance heat pump systems aligned with electrification and energy efficiency trends. This recognition reflects Trane’s continued commitment to helping homeowners, builders, and industry partners advance more sustainable and efficient buildings.

Trane is also leading the industry through Trane Technologies’ 2030 Sustainability Commitments, including the Gigaton Challenge – the company’s pledge to help customers reduce greenhouse gas emissions by one billion metric tons – and its goal to achieve net-zero emissions by 2050.

Trane and RunTru are trademarks of Trane in the United States and other countries. All trademarks referenced are the trademarks of their respective owners.

SHANGHAI, May 13, 2026 /PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China” or the “Company”) today announced that the Company has continued to be included in the Dow Jones Best-in-Class World Index (DJBIC World, formerly DJSI World) and the Dow Jones Best-in-Class Emerging Markets Index (DJBIC Emerging Markets, formerly DJSI Emerging Markets) for the sixth consecutive year. Notably, Yum China is the only consumer services company from mainland China to be included in the DJBIC World Index. This achievement underscores the Company’s long-standing commitment and leading practices in environmental, social, and governance (ESG).

The Company’s inclusion in the DJBIC indices is driven by its strong performance in the S&P Global Corporate Sustainability Assessment (CSA). Yum China achieved a record-high score of 81 in the 2025 S&P Global CSA, ranking first globally in the Restaurants & Leisure Facilities industry for the sixth consecutive year, and was also named to the S&P Global Sustainability Yearbook. Of the 25 CSA evaluation criteria, Yum China ranked in the top 1% in 13 criteria, and achieved the highest score in the industry in 8 criteria, including Sustainable Raw Materials, Labor Practices, Customer Relations, and Privacy Protection, among others.

Furthermore, Yum China’s outstanding sustainability performance continues to be recognized by other leading ESG agencies. In March 2026, the Company maintained its AA MSCI ESG Rating for the fifth consecutive year, highlighting its continued leadership within the restaurant industry.

Together, these recognitions reflect Yum China’s long-term commitment and continued dedication to sustainability. As Yum China looks ahead, its focus is clear: to grow with purpose, lead with responsibility and create long-term value across its ecosystem. Whether it is safeguarding food safety, empowering its employees, or driving decarbonization across the value chain, the Company strives to strengthen the connection between sustainable development and business performance. This alignment has been and will continue to be a core competitive advantage for Yum China. The Company is confident in its ability to deliver meaningful and lasting impact for its stakeholders and for society.

To learn more about Yum China’s ESG efforts,

please visit: https://www.yumchina.com/sustainability/en/home/Index

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “project,” “likely,” “will,” “continue,” “should,” “forecast,” “outlook,” “commit” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 18,000 restaurants under six brands across over 2,600 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.

Contacts

Investor Relations Contact:
Tel: +86 21 2407 7556
IR@YumChina.com

Media Contact:
Tel: +86 21 2407 3824
Media@YumChina.com

 

Cision View original content:https://www.prnewswire.com/news-releases/yum-china-included-in-dow-jones-best-in-class-world-index-formerly-djsi-world-for-the-sixth-consecutive-year-retaining-global-industry-no-1-302770278.html

SOURCE Yum China Holdings, Inc.

SHANGHAI, May 13, 2026 /PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China” or the “Company”) today announced that the Company has continued to be included in the Dow Jones Best-in-Class World Index (DJBIC World, formerly DJSI World) and the Dow Jones Best-in-Class Emerging Markets Index (DJBIC Emerging Markets, formerly DJSI Emerging Markets) for the sixth consecutive year. Notably, Yum China is the only consumer services company from mainland China to be included in the DJBIC World Index. This achievement underscores the Company’s long-standing commitment and leading practices in environmental, social, and governance (ESG).

The Company’s inclusion in the DJBIC indices is driven by its strong performance in the S&P Global Corporate Sustainability Assessment (CSA). Yum China achieved a record-high score of 81 in the 2025 S&P Global CSA, ranking first globally in the Restaurants & Leisure Facilities industry for the sixth consecutive year, and was also named to the S&P Global Sustainability Yearbook. Of the 25 CSA evaluation criteria, Yum China ranked in the top 1% in 13 criteria, and achieved the highest score in the industry in 8 criteria, including Sustainable Raw Materials, Labor Practices, Customer Relations, and Privacy Protection, among others.

Furthermore, Yum China’s outstanding sustainability performance continues to be recognized by other leading ESG agencies. In March 2026, the Company maintained its AA MSCI ESG Rating for the fifth consecutive year, highlighting its continued leadership within the restaurant industry.

Together, these recognitions reflect Yum China’s long-term commitment and continued dedication to sustainability. As Yum China looks ahead, its focus is clear: to grow with purpose, lead with responsibility and create long-term value across its ecosystem. Whether it is safeguarding food safety, empowering its employees, or driving decarbonization across the value chain, the Company strives to strengthen the connection between sustainable development and business performance. This alignment has been and will continue to be a core competitive advantage for Yum China. The Company is confident in its ability to deliver meaningful and lasting impact for its stakeholders and for society.

To learn more about Yum China’s ESG efforts,

please visit: https://www.yumchina.com/sustainability/en/home/Index

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “project,” “likely,” “will,” “continue,” “should,” “forecast,” “outlook,” “commit” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 18,000 restaurants under six brands across over 2,600 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.

Contacts

Investor Relations Contact:
Tel: +86 21 2407 7556
IR@YumChina.com

Media Contact:
Tel: +86 21 2407 3824
Media@YumChina.com

 

Cision View original content:https://www.prnewswire.com/news-releases/yum-china-included-in-dow-jones-best-in-class-world-index-formerly-djsi-world-for-the-sixth-consecutive-year-retaining-global-industry-no-1-302770278.html

SOURCE Yum China Holdings, Inc.

MOU supports the commercialization of fusion energy technology

OTTAWA, ON and OXFORD, United Kingdom, May 13, 2026 /PRNewswire/ — Stellarex Energy and the United Kingdom Atomic Energy Authority (UKAEA) are pleased to announce the signing of a Memorandum of Understanding (MOU) to collaborate on the advancement of stellarator fusion energy technology.

This MoU provides a framework for joint scientific research and engineering validation to accelerate the deployment and development of Stellarex’s simplified stellarator fusion power plant design.

The collaboration focuses on critical technical areas required to transition fusion from experimental science to industrial-scale engineering. Under the terms of the MOU, Stellarex and UKAEA will partner on several key initiatives, including plasma physics and confinement, high-temperature superconductors technology, operational systems, diagnostics, and fuel cycle.

“Stellarex is delighted to be collaborating with the UKAEA, an organization at the forefront of the global effort to commercialize fusion energy,” said Dr. Spencer Pitcher, Co-founder and CEO of Stellarex Energy. “By combining our simplified stellarator approach with UKAEA’s unparalleled fusion expertise, we are significantly de-risking the path to a commercially viable fusion power plant.”

Stephen Wheeler, UKAEA Executive Director, said: “UKAEA has decades of experience operating powerful fusion machines and solving complex fusion challenges that are relevant to many different fusion system designs. We are committed to supporting fusion developers around the globe to help develop fusion as a source of clean energy for tomorrow’s power plants.

“There are many innovative approaches to fusion and UKAEA is pleased to work with Stellarex to support the development of stellarator technology.”

About Stellarex Energy

Stellarex Energy is a Princeton University spin-off focused on fusion energy development. By leveraging a simplified stellarator design, Stellarex Energy reduces technical risk and utilizes staged demonstration devices to validate technology, de‑risk scale‑up, and accelerate the commercial and economical deployment of fusion power. Through its strategic partnership with Ontario Power Generation (OPG) and its leadership in the Centre for Fusion Energy – a new Canadian public-private partnership focused on advancing fusion energy research and developing a demonstration reactor – the company is accelerating the deployment of fusion power in Canada. Stellarex Energy is headquartered in Toronto, Canada.

About the United Kingdom Atomic Energy Authority 

The United Kingdom Atomic Energy Authority (UKAEA) is the UK’s national fusion energy research organisation. We are an executive non-departmental public body of the Department for Energy Security and Net Zero (DESNZ). 

The work we do 

UKAEA’s mission is to lead the delivery of sustainable fusion energy to maximise scientific and UK economic benefit. We do this by being technical experts, partnering with companies and the international research community. At the core of UKAEA’s efforts is the operation of world-leading facilities that build a comprehensive knowledge base for fusion energy. By addressing and solving the challenges across the full lifecycle of fusion, and integrating solutions from various disciplines, we establish technical centres of excellence that serve as the foundation for future fusion power plant programmes. UKAEA collaborates with its partners to develop fusion power plants by providing access to our skills, facilities and expertise. UKAEA owns UK Fusion Energy (UKFE) on behalf of the UK government. Through UKFE, we’re spearheading the Spherical Tokamak for Energy Production (STEP) programme to design and build the UK’s first prototype fusion energy power plant in Nottinghamshire. To grow the fusion ecosystem, UKAEA focuses on cultivating skilled talent, growing the fusion industry and creating ‘innovation clusters’. We actively seek opportunities to advance fusion technologies and communicate its vast potential to stakeholders and the public alike to accelerate fusion energy’s future – the energy of tomorrow we need today. 

For further information, please contact:
Stellarex
info@stellarex.energy

UKAEA Media Relations
mediaenquiry@ukaea.uk

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ukaea-and-stellarex-energy-to-advance-fusion-power-development-302770709.html

SOURCE Stellarex, Inc.

MOU supports the commercialization of fusion energy technology

OTTAWA, ON and OXFORD, United Kingdom, May 13, 2026 /PRNewswire/ — Stellarex Energy and the United Kingdom Atomic Energy Authority (UKAEA) are pleased to announce the signing of a Memorandum of Understanding (MOU) to collaborate on the advancement of stellarator fusion energy technology.

This MoU provides a framework for joint scientific research and engineering validation to accelerate the deployment and development of Stellarex’s simplified stellarator fusion power plant design.

The collaboration focuses on critical technical areas required to transition fusion from experimental science to industrial-scale engineering. Under the terms of the MOU, Stellarex and UKAEA will partner on several key initiatives, including plasma physics and confinement, high-temperature superconductors technology, operational systems, diagnostics, and fuel cycle.

“Stellarex is delighted to be collaborating with the UKAEA, an organization at the forefront of the global effort to commercialize fusion energy,” said Dr. Spencer Pitcher, Co-founder and CEO of Stellarex Energy. “By combining our simplified stellarator approach with UKAEA’s unparalleled fusion expertise, we are significantly de-risking the path to a commercially viable fusion power plant.”

Stephen Wheeler, UKAEA Executive Director, said: “UKAEA has decades of experience operating powerful fusion machines and solving complex fusion challenges that are relevant to many different fusion system designs. We are committed to supporting fusion developers around the globe to help develop fusion as a source of clean energy for tomorrow’s power plants.

“There are many innovative approaches to fusion and UKAEA is pleased to work with Stellarex to support the development of stellarator technology.”

About Stellarex Energy

Stellarex Energy is a Princeton University spin-off focused on fusion energy development. By leveraging a simplified stellarator design, Stellarex Energy reduces technical risk and utilizes staged demonstration devices to validate technology, de‑risk scale‑up, and accelerate the commercial and economical deployment of fusion power. Through its strategic partnership with Ontario Power Generation (OPG) and its leadership in the Centre for Fusion Energy – a new Canadian public-private partnership focused on advancing fusion energy research and developing a demonstration reactor – the company is accelerating the deployment of fusion power in Canada. Stellarex Energy is headquartered in Toronto, Canada.

About the United Kingdom Atomic Energy Authority 

The United Kingdom Atomic Energy Authority (UKAEA) is the UK’s national fusion energy research organisation. We are an executive non-departmental public body of the Department for Energy Security and Net Zero (DESNZ). 

The work we do 

UKAEA’s mission is to lead the delivery of sustainable fusion energy to maximise scientific and UK economic benefit. We do this by being technical experts, partnering with companies and the international research community. At the core of UKAEA’s efforts is the operation of world-leading facilities that build a comprehensive knowledge base for fusion energy. By addressing and solving the challenges across the full lifecycle of fusion, and integrating solutions from various disciplines, we establish technical centres of excellence that serve as the foundation for future fusion power plant programmes. UKAEA collaborates with its partners to develop fusion power plants by providing access to our skills, facilities and expertise. UKAEA owns UK Fusion Energy (UKFE) on behalf of the UK government. Through UKFE, we’re spearheading the Spherical Tokamak for Energy Production (STEP) programme to design and build the UK’s first prototype fusion energy power plant in Nottinghamshire. To grow the fusion ecosystem, UKAEA focuses on cultivating skilled talent, growing the fusion industry and creating ‘innovation clusters’. We actively seek opportunities to advance fusion technologies and communicate its vast potential to stakeholders and the public alike to accelerate fusion energy’s future – the energy of tomorrow we need today. 

For further information, please contact:
Stellarex
info@stellarex.energy

UKAEA Media Relations
mediaenquiry@ukaea.uk

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ukaea-and-stellarex-energy-to-advance-fusion-power-development-302770709.html

SOURCE Stellarex, Inc.

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