Collaboration brings together Ukraine-tested technology and American-made autonomous systems to advance capabilities for U.S. and allied forces

SALT LAKE CITY, Nov. 02, 2026 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced a strategic partnership with Sine Engineering, a Ukraine-rooted global technology company providing resilient communications, navigation and networking technologies developed and tested in Ukraine. The partnership is established through a memorandum of understanding (MOU) signed with Sine Advanced Engineering, Inc., Sine’s U.S. business.

The agreement establishes a framework for a long-term strategic commercial and technology relationship focused on the integration of Sine’s technologies into Red Cat’s autonomous platforms, including its Blue Ops uncrewed surface vessels (USVs) and Red Cat Aerial UAV platforms. The collaboration aims to help unmanned systems maintain command and control (C2), video and data links, and positioning capabilities in GPS-denied and communications-contested environments.

“Ukraine has become one of the world’s most important proving grounds for drone communications and electronic warfare,” said Jeff Thompson, CEO of Red Cat. “This partnership shows how companies can combine battlefield-tested technology with U.S.-designed and manufactured drones to deliver critical capabilities to our warfighters and allies. Sine brings the resilient communications, navigation and networking capabilities we see as foundational to the next generation of Red Cat’s air and maritime platforms. Together, we’re building toward autonomous systems designed to succeed on the modern battlefield.”

Sine’s technologies include resilient communications, video and control links, GPS-independent positioning, networking and the critical infrastructure that supports connected unmanned systems. The companies intend to evaluate these capabilities across interconnected aerial and maritime platforms, including USVs, buoys, beacons and other distributed infrastructure. These applications could extend operational reach and support coordinated unmanned missions across strategically important maritime regions.

Integration and field work involving the companies’ technologies are already underway, providing an initial foundation for the broader collaboration. Initial integration with Sine technology has been crucial to Red Cat’s success in the Ukraine with its Hellcat™ platform. Under the MOU, the companies intend to focus initially on maritime platforms and distributed networking infrastructure, while exploring opportunities across Red Cat’s broader portfolio.

The partnership is intended to support opportunities with U.S., Ukrainian and other global allied defense customers where distributed maritime operations and resilient communications are increasingly important. Connecting autonomous vessels, aerial platforms and supporting infrastructure could help forces maintain situational awareness and operational flexibility across hundreds of islands and other geographically dispersed environments.

“Ukraine has made one thing clear: resilient communications and navigation are not optional. They are foundational to the next generation of unmanned systems,” said Mark Edgar, Co-CEO of Sine Advanced Engineering. “Sine brings technology developed and tested in Ukraine under the realities of modern electronic warfare. Red Cat’s combination of American manufacturing, air and maritime platforms, and all-domain vision makes it a powerful partner to bring these capabilities to U.S. and allied forces. Through this non-exclusive partnership, our ambition is to set a new standard for resilient, connected unmanned systems operating in contested environments.”

The collaboration supports Red Cat’s all-domain strategy to build an integrated portfolio of autonomous defense technologies across air, land, sea and space, combining platforms, communications infrastructure, and mission capabilities to address evolving mission needs.

About Red Cat Holdings, Inc.

Red Cat (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security. Through its integrated portfolio of trusted U.S. and allied hardware and software offerings, Red Cat supports military, government, and public safety operations across air, land, sea and space. Its systems span small unmanned aircraft systems, uncrewed surface vessels, wireless power transfer technology, and autonomous swarming software to enhance situational awareness, operational effectiveness, and mission safety. Learn more at www.redcat.red.

About Sine Engineering

Sine Engineering is a Ukraine-rooted global tech company, developing resilient communications, navigation and onboard autonomy for highly contested environments since 2022. The company provides critical infrastructure that enables uncrewed systems to operate when satellite navigation and conventional links fail.  With offices and R&D centers across Ukraine, the United States (Sine Advanced Engineering), and Finland, Sine Engineering technologies have both civil and dual-use applications. In 2026, Sine became the first investment of the U.S.-Ukraine Reconstruction Investment Fund (URIF). https://sine.engineering

Safe Harbor Forward-Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. These and other risks and uncertainties are described more fully in Red Cat’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Red Cat undertakes no duty to update such information except as required under applicable law.

Investor Contact

Ankit Hira
Solebury Strategic Communications for Red Cat Holdings, Inc.
Email: RCAT@soleburystrat.com

Red Cat Media Contact

Peter Moran
Phone: (347) 880-2895
Email: peter@indicatemedia.com

Festi hf., kt. 540206-2010, Dalvegur 10-14, 201 Kópavogur, has published a base prospectus in connection with an issuance programme for bonds and bills. The base prospectus, dated 2 November 2026, has been approved by the Financial Supervisory Authority of the Central Bank of Iceland. The prospectus is issued in Icelandic and published electronically on Festi’s website, https://www.festi.is/en/skuldabrefogvixlar

The base prospectus will be available on Festi’s website for ten years from the date of its approval.

Íslandsbanki hf. managed the process of having the prospectus approved by the Financial Supervisory Authority of the Central Bank of Iceland.

For further information, please contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).

Attachment

Festi hf., kt. 540206-2010, Dalvegur 10-14, 201 Kópavogur, has published a base prospectus in connection with an issuance programme for bonds and bills. The base prospectus, dated 2 November 2026, has been approved by the Financial Supervisory Authority of the Central Bank of Iceland. The prospectus is issued in Icelandic and published electronically on Festi’s website, https://www.festi.is/en/skuldabrefogvixlar

The base prospectus will be available on Festi’s website for ten years from the date of its approval.

Íslandsbanki hf. managed the process of having the prospectus approved by the Financial Supervisory Authority of the Central Bank of Iceland.

For further information, please contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).

Attachment

Festi hf., kt. 540206-2010, Dalvegur 10-14, 201 Kópavogur, has published a base prospectus in connection with an issuance programme for bonds and bills. The base prospectus, dated 2 November 2026, has been approved by the Financial Supervisory Authority of the Central Bank of Iceland. The prospectus is issued in Icelandic and published electronically on Festi’s website, https://www.festi.is/en/skuldabrefogvixlar

The base prospectus will be available on Festi’s website for ten years from the date of its approval.

Íslandsbanki hf. managed the process of having the prospectus approved by the Financial Supervisory Authority of the Central Bank of Iceland.

For further information, please contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).

Attachment

Today, BioMar has released an announcement with updated guidance for the full year 2026. BioMar now expects revenue in the range of DKK 17.8-18.6 billion against previously DKK 17-18 billion and EBIT in the range of DKK 1,290-1,360 million compared to previously DKK 1,200-1,300 million.

BioMar constitutes a material part of the portfolio and is fully consolidated into the Schouw & Co. figures, and the information from BioMar will be incorporated into Schouw & Co.’s guidance.

Schouw & Co. provides guidance to the market on revenue and EBITDA and will consider its consolidated full-year guidance based on the information from BioMar and the outlook for the other portfolio businesses no later than in connection with the release of the Q3 interim report scheduled on 6 November 2026.

Aktieselskabet Schouw & Co.

Jørgen Wisborg, Chairman of the Board of Directors
Jens Bjerg Sørensen, President & CEO

Please direct any questions to President Jens Bjerg Sørensen, telephone no. +45 86 11 22 22.

Attachment

Today, BioMar has released an announcement with updated guidance for the full year 2026. BioMar now expects revenue in the range of DKK 17.8-18.6 billion against previously DKK 17-18 billion and EBIT in the range of DKK 1,290-1,360 million compared to previously DKK 1,200-1,300 million.

BioMar constitutes a material part of the portfolio and is fully consolidated into the Schouw & Co. figures, and the information from BioMar will be incorporated into Schouw & Co.’s guidance.

Schouw & Co. provides guidance to the market on revenue and EBITDA and will consider its consolidated full-year guidance based on the information from BioMar and the outlook for the other portfolio businesses no later than in connection with the release of the Q3 interim report scheduled on 6 November 2026.

Aktieselskabet Schouw & Co.

Jørgen Wisborg, Chairman of the Board of Directors
Jens Bjerg Sørensen, President & CEO

Please direct any questions to President Jens Bjerg Sørensen, telephone no. +45 86 11 22 22.

Attachment

Today, BioMar has released an announcement with updated guidance for the full year 2026. BioMar now expects revenue in the range of DKK 17.8-18.6 billion against previously DKK 17-18 billion and EBIT in the range of DKK 1,290-1,360 million compared to previously DKK 1,200-1,300 million.

BioMar constitutes a material part of the portfolio and is fully consolidated into the Schouw & Co. figures, and the information from BioMar will be incorporated into Schouw & Co.’s guidance.

Schouw & Co. provides guidance to the market on revenue and EBITDA and will consider its consolidated full-year guidance based on the information from BioMar and the outlook for the other portfolio businesses no later than in connection with the release of the Q3 interim report scheduled on 6 November 2026.

Aktieselskabet Schouw & Co.

Jørgen Wisborg, Chairman of the Board of Directors
Jens Bjerg Sørensen, President & CEO

Please direct any questions to President Jens Bjerg Sørensen, telephone no. +45 86 11 22 22.

Attachment

Pursuant to the Market Abuse Regulation (EU) no. 596/2014, as amended, article 19, InstallatørGruppen A/S (“InstallatørGruppen”) hereby notifies receipt of information of transactions made by the following persons discharging managerial responsibilities in InstallatørGruppen and their closely associated persons in InstallatørGruppen’s shares:

  • Frandsen Holding ApS (legal person closely associated to Peter Frandsen, Denmark CEO)

Please see the attached notifications for further details.

Contact details
Head of ESG & Communications
Morten Reedtz Kjellev
+45 2921 6999
mk@i-g.dk

Head of M&A and Investor Relations
Maximillian Hjorth Beste
+45 2899 2846
mhb@i-g.dk

About InstallatørGruppen
InstallatørGruppen is a leading provider of multi-disciplinary technical installation services in Denmark and Switzerland. The Group comprises independent companies with a strong local presence and in-depth technical expertise. The companies within the Group offer solutions in the fields of plumbing, heating, ventilation/air conditioning, refrigeration and electrical systems, as well as in selected specialist areas such as sprinkler systems, energy optimisation, building automation, fibre-optic infrastructure and solar panel installations. The Group’s aim is to be a preferred partner for its customers in implementing the energy transition.

Attachments

Pursuant to the Market Abuse Regulation (EU) no. 596/2014, as amended, article 19, InstallatørGruppen A/S (“InstallatørGruppen”) hereby notifies receipt of information of transactions made by the following persons discharging managerial responsibilities in InstallatørGruppen and their closely associated persons in InstallatørGruppen’s shares:

  • Frandsen Holding ApS (legal person closely associated to Peter Frandsen, Denmark CEO)

Please see the attached notifications for further details.

Contact details
Head of ESG & Communications
Morten Reedtz Kjellev
+45 2921 6999
mk@i-g.dk

Head of M&A and Investor Relations
Maximillian Hjorth Beste
+45 2899 2846
mhb@i-g.dk

About InstallatørGruppen
InstallatørGruppen is a leading provider of multi-disciplinary technical installation services in Denmark and Switzerland. The Group comprises independent companies with a strong local presence and in-depth technical expertise. The companies within the Group offer solutions in the fields of plumbing, heating, ventilation/air conditioning, refrigeration and electrical systems, as well as in selected specialist areas such as sprinkler systems, energy optimisation, building automation, fibre-optic infrastructure and solar panel installations. The Group’s aim is to be a preferred partner for its customers in implementing the energy transition.

Attachments

HONG KONG, Nov. 02, 2026 (GLOBE NEWSWIRE) — On October 29, 2026, Neo-Concept International Group Holdings Ltd (the “Company”) held the Company’s Extraordinary General Meeting (the “EGM”) , amongst which a share consolidation (the “Share Consolidation”) was approved by the shareholders, whereby every two (2) to every four hundred (400) issued and unissued shares (namely, both class A ordinary shares of par value US$0.0025 each and class B ordinary shares of par value US$0.0025 each) in the share capital of the Company (the “Range”), with the exact ratio to be set at a specific number within the Range to be determined by the board of directors of the Company in their discretion by not later than the Effective Date (the “Consolidation Ratio”), be consolidated into one (1) share (the “Consolidation Share(s)”), and such Consolidated Share(s) shall have the rights and be subject to the restrictions set out in the Third Amended and Restated Memorandum and Articles of Association of the Company (the “Share Consolidation”). The Share Consolidation was to be effective from such date and time to be determined by the board of directors of the Company which in any event shall not be later than 31 December 2026.

The Share Consolidation , within the Range that every eight (8) issued and unissued shares of the Company of US$0.0025 par value each be consolidated into one (1) share of par value US$0.02 each, shall be reflected with the Nasdaq Capital Market and in the marketplace at the open of business on November 10, 2026, whereupon the Class A ordinary shares will continue trading under the symbol “NCI” and under the new CUSIP Number of G6421C146. Immediately prior to the Share Consolidation, the Company has 8,481,952 ordinary shares issued and outstanding, comprising 8,341,952 Class A ordinary shares and 140,000 Class B ordinary shares. Upon the Share Consolidation becoming effective, the Company will have approximately 1,060,246 ordinary shares issued and outstanding, comprising approximately 1,042,746 Class A ordinary shares and 17,500 Class B ordinary shares, subject to adjustment as a result of the treatment of fractional shares in the Share Consolidation.

At the EGM, the shareholders also approved a separate ordinary resolution granting the board of directors a standing authority, for two (2) years from the date of the EGM, to effect one or more further share consolidations at a ratio of up to five hundred (500) to one (1) in the aggregate, which cap the Share Consolidation does not count towards or consume.

About Neo-Concept International Group Holdings Limited

Neo-Concept International Group Holdings Limited (“NCI”) is a one-stop apparel solution services provider. It offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management, serving customers located in the European and North American markets. It also sells its own branded fashion products under the brand “Les100Ciels” through retail stores in the UK and UAE, as well as the e-commerce platforms www.les100ciels.com and www.les100ciels.me.

NCI is dedicated to minimizing its environmental footprint by implementing various eco-friendly practices. It prioritizes recycling, clean processes, and traceable sourcing as part of its commitment to reducing environmental impact. Additionally, NCI actively seeks sustainable solutions throughout the garment production process, aiming to meet the needs of its customers in an environmentally responsible manner.

SAFE HARBOR STATEMENT

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 the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. 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, which are available for review at www.sec.gov.

Enquiries:

Neo-Concept International Group Holdings Limited Investor Relations Contact:

10/F, Seaview Centre
No.139-141 Hoi Bun Road
Kwun Tong, Kowloon, Hong Kong
(+852) 2798-8639
Email: ir@neo-ig.com

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