Tag: GlobeNewswire

World-first all-in-one energy storage system with Smart Port and Backup Port integration brings greater flexibility, resilience and intelligent energy management to West African homes

LAGOS, Nigeria, Oct. 30, 2026 (GLOBE NEWSWIRE) — Sigenergy (06656.HK) has announced the West African launch of SigenStor Neo, its next-generation all-in-one residential energy storage system, at Nigeria Energy 2026, currently underway at the Landmark Centre in Lagos.

The regional launch introduces Sigenergy’s latest residential energy innovation to West Africa, bringing together energy storage, power conversion, backup capability and intelligent energy management within one integrated platform.

For many Nigerian households, reliable home energy can depend on a combination of grid electricity and alternative energy sources. This creates a strong need for flexible systems capable of bringing solar generation, battery storage and backup power together within a more integrated home energy ecosystem.

At the centre of SigenStor Neo is its Smart Port and Backup Port architecture. As the world’s first all-in-one energy storage system to integrate both a dedicated Smart Port and Backup Port, SigenStor Neo is designed to become the intelligent core of the home energy ecosystem.

“West Africa is an important market for Sigenergy, with customers looking for reliable and flexible ways to manage increasingly complex home energy needs. SigenStor Neo is designed to bring different energy resources together within one intelligent ecosystem, giving homeowners greater flexibility in how they generate, store and manage their energy. We are excited to introduce the next generation of SigenStor to West Africa at Nigeria Energy 2026,”
– Jade Martyn, Sales Director – Africa at Sigenergy

Bringing Multiple Energy Sources Together

One of SigenStor Neo’s most significant innovations is the flexibility provided by its Smart Port.

The Smart Port can connect compatible third-party inverters, external generators and EV chargers, enabling different energy resources and devices to operate as part of a more integrated home energy system.

This has important practical relevance for Nigerian households that may use generator backup alongside grid electricity and solar. Rather than operating entirely independently, an external generator can form part of the wider SigenStor Neo energy ecosystem.

For homeowners who already have solar equipment installed, the ability to connect compatible third-party inverters also provides greater flexibility when upgrading or expanding an existing energy system.

As household energy requirements evolve, the same architecture creates a pathway to incorporate additional devices and energy resources without requiring the entire system to be redesigned around separate, isolated components.

Reliable Backup When It Matters

Alongside its connectivity features, SigenStor Neo has been engineered to provide dependable household backup power.

The system delivers 0 ms load-side disruption and up to 200% peak power output capacity, helping household loads continue operating when grid power is interrupted.

Its dedicated Backup Port provides flexible extended power supply to household loads during unexpected grid outages, while the Smart Port enables additional backup resources such as an external generator to be incorporated where required.

Together, these capabilities provide homeowners with greater flexibility in how grid electricity, stored energy and additional backup sources are configured and managed.

For households where continuity of power is a priority, this integrated approach allows SigenStor Neo to function as more than a battery system. It becomes the central platform through which multiple energy resources can work together.

Storage That Can Grow with the Household

SigenStor Neo has also been designed around modularity and long-term flexibility.

Its architecture supports up to six vertically stacked battery modules, allowing homeowners to configure storage capacity around their current requirements while retaining the ability to expand the system as their energy needs grow.

This allows customers to start with a system suited to their present electricity consumption rather than necessarily designing an installation around their maximum future storage requirement from day one.

A built-in pack optimiser further supports future expansion by allowing compatible old and new batteries to operate within the same system.

The system also incorporates an eight-layer protection architecture, providing comprehensive protection throughout operation.

For households whose requirements may increase over time through additional appliances, increased solar capacity or future EV ownership, this modular design provides a practical pathway for expansion.

A Streamlined All-in-One Design

SigenStor Neo integrates the inverter, battery, power conversion system (PCS), energy management system (EMS) and gateway into a single streamlined platform.

For installers, this reduces the number of separate components required within a residential energy system and simplifies the overall installation architecture.

Lightweight modules with lifting handles, a single side cover for wiring and an optimised terminal layout and installation process are designed to further reduce deployment time and on-site labour.

The result is a more compact and integrated system for homeowners, while providing installers with a simplified approach to system deployment.

AI-Powered Home Energy Management

SigenStor Neo forms part of Sigenergy’s wider “AI in All” strategy, which integrates artificial intelligence throughout the company’s energy ecosystem.

At the heart of this intelligent management layer is SigenAgent, the energy industry’s first all-domain AI agent, operating through mySigen App 4.0.

Rather than requiring homeowners to manually manage every operating parameter, SigenAgent enables users to define broader objectives, such as reducing electricity costs or maintaining sufficient backup power.

The system can then analyse operating conditions and coordinate connected hardware in support of those objectives.

For a home managing multiple energy sources, this combination of intelligent software and integrated hardware can simplify energy management while providing homeowners with greater visibility and control over how electricity is generated, stored and used.

Introducing SigenStor Neo to West Africa

The launch of SigenStor Neo at Nigeria Energy 2026 marks the system’s introduction to the West African market and another step in Sigenergy’s continued expansion across the region, including key markets such as Nigeria, Ghana, Côte d’Ivoire, Sierra Leone, Liberia and Togo.

Nigeria provides a strong platform for the regional launch, with growing interest in distributed solar, energy storage and flexible residential energy solutions capable of responding to different household requirements.

By bringing together solar, storage, grid electricity, backup resources and AI-driven energy management within one integrated ecosystem, SigenStor Neo introduces a new level of flexibility for homeowners seeking greater control over their energy.

Sigenergy is showcasing SigenStor Neo throughout Nigeria Energy 2026, taking place from 27-29 October at the Landmark Centre in Lagos.

About Sigenergy

Founded in 2022 and headquartered in Shanghai, Sigenergy (06656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded into photovoltaic (PV) generation, smart energy storage and high-efficiency electric vehicle (EV) charging.

Guided by its “AI in All” strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households worldwide.

MEDIA ENQUIRIES

Charl Ducray charl@sigenergy.com www.sigenergy.com

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/37d3f7ae-5499-41cb-bbb0-ae155341355e
https://www.globenewswire.com/NewsRoom/AttachmentNg/611fc03b-f5aa-40a2-926f-9c2660d6af46

World-first all-in-one energy storage system with Smart Port and Backup Port integration brings greater flexibility, resilience and intelligent energy management to West African homes

LAGOS, Nigeria, Oct. 30, 2026 (GLOBE NEWSWIRE) — Sigenergy (06656.HK) has announced the West African launch of SigenStor Neo, its next-generation all-in-one residential energy storage system, at Nigeria Energy 2026, currently underway at the Landmark Centre in Lagos.

The regional launch introduces Sigenergy’s latest residential energy innovation to West Africa, bringing together energy storage, power conversion, backup capability and intelligent energy management within one integrated platform.

For many Nigerian households, reliable home energy can depend on a combination of grid electricity and alternative energy sources. This creates a strong need for flexible systems capable of bringing solar generation, battery storage and backup power together within a more integrated home energy ecosystem.

At the centre of SigenStor Neo is its Smart Port and Backup Port architecture. As the world’s first all-in-one energy storage system to integrate both a dedicated Smart Port and Backup Port, SigenStor Neo is designed to become the intelligent core of the home energy ecosystem.

“West Africa is an important market for Sigenergy, with customers looking for reliable and flexible ways to manage increasingly complex home energy needs. SigenStor Neo is designed to bring different energy resources together within one intelligent ecosystem, giving homeowners greater flexibility in how they generate, store and manage their energy. We are excited to introduce the next generation of SigenStor to West Africa at Nigeria Energy 2026,”
– Jade Martyn, Sales Director – Africa at Sigenergy

Bringing Multiple Energy Sources Together

One of SigenStor Neo’s most significant innovations is the flexibility provided by its Smart Port.

The Smart Port can connect compatible third-party inverters, external generators and EV chargers, enabling different energy resources and devices to operate as part of a more integrated home energy system.

This has important practical relevance for Nigerian households that may use generator backup alongside grid electricity and solar. Rather than operating entirely independently, an external generator can form part of the wider SigenStor Neo energy ecosystem.

For homeowners who already have solar equipment installed, the ability to connect compatible third-party inverters also provides greater flexibility when upgrading or expanding an existing energy system.

As household energy requirements evolve, the same architecture creates a pathway to incorporate additional devices and energy resources without requiring the entire system to be redesigned around separate, isolated components.

Reliable Backup When It Matters

Alongside its connectivity features, SigenStor Neo has been engineered to provide dependable household backup power.

The system delivers 0 ms load-side disruption and up to 200% peak power output capacity, helping household loads continue operating when grid power is interrupted.

Its dedicated Backup Port provides flexible extended power supply to household loads during unexpected grid outages, while the Smart Port enables additional backup resources such as an external generator to be incorporated where required.

Together, these capabilities provide homeowners with greater flexibility in how grid electricity, stored energy and additional backup sources are configured and managed.

For households where continuity of power is a priority, this integrated approach allows SigenStor Neo to function as more than a battery system. It becomes the central platform through which multiple energy resources can work together.

Storage That Can Grow with the Household

SigenStor Neo has also been designed around modularity and long-term flexibility.

Its architecture supports up to six vertically stacked battery modules, allowing homeowners to configure storage capacity around their current requirements while retaining the ability to expand the system as their energy needs grow.

This allows customers to start with a system suited to their present electricity consumption rather than necessarily designing an installation around their maximum future storage requirement from day one.

A built-in pack optimiser further supports future expansion by allowing compatible old and new batteries to operate within the same system.

The system also incorporates an eight-layer protection architecture, providing comprehensive protection throughout operation.

For households whose requirements may increase over time through additional appliances, increased solar capacity or future EV ownership, this modular design provides a practical pathway for expansion.

A Streamlined All-in-One Design

SigenStor Neo integrates the inverter, battery, power conversion system (PCS), energy management system (EMS) and gateway into a single streamlined platform.

For installers, this reduces the number of separate components required within a residential energy system and simplifies the overall installation architecture.

Lightweight modules with lifting handles, a single side cover for wiring and an optimised terminal layout and installation process are designed to further reduce deployment time and on-site labour.

The result is a more compact and integrated system for homeowners, while providing installers with a simplified approach to system deployment.

AI-Powered Home Energy Management

SigenStor Neo forms part of Sigenergy’s wider “AI in All” strategy, which integrates artificial intelligence throughout the company’s energy ecosystem.

At the heart of this intelligent management layer is SigenAgent, the energy industry’s first all-domain AI agent, operating through mySigen App 4.0.

Rather than requiring homeowners to manually manage every operating parameter, SigenAgent enables users to define broader objectives, such as reducing electricity costs or maintaining sufficient backup power.

The system can then analyse operating conditions and coordinate connected hardware in support of those objectives.

For a home managing multiple energy sources, this combination of intelligent software and integrated hardware can simplify energy management while providing homeowners with greater visibility and control over how electricity is generated, stored and used.

Introducing SigenStor Neo to West Africa

The launch of SigenStor Neo at Nigeria Energy 2026 marks the system’s introduction to the West African market and another step in Sigenergy’s continued expansion across the region, including key markets such as Nigeria, Ghana, Côte d’Ivoire, Sierra Leone, Liberia and Togo.

Nigeria provides a strong platform for the regional launch, with growing interest in distributed solar, energy storage and flexible residential energy solutions capable of responding to different household requirements.

By bringing together solar, storage, grid electricity, backup resources and AI-driven energy management within one integrated ecosystem, SigenStor Neo introduces a new level of flexibility for homeowners seeking greater control over their energy.

Sigenergy is showcasing SigenStor Neo throughout Nigeria Energy 2026, taking place from 27-29 October at the Landmark Centre in Lagos.

About Sigenergy

Founded in 2022 and headquartered in Shanghai, Sigenergy (06656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded into photovoltaic (PV) generation, smart energy storage and high-efficiency electric vehicle (EV) charging.

Guided by its “AI in All” strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households worldwide.

MEDIA ENQUIRIES

Charl Ducray charl@sigenergy.com www.sigenergy.com

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/37d3f7ae-5499-41cb-bbb0-ae155341355e
https://www.globenewswire.com/NewsRoom/AttachmentNg/611fc03b-f5aa-40a2-926f-9c2660d6af46

HOUSTON and LONDON, Oct. 30, 2026 (GLOBE NEWSWIRE) — LyondellBasell (NYSE: LYB) today announced it has entered into an agreement to sell its former Houston Refinery site and related assets to Valero Refining-Texas, L.P., a wholly owned subsidiary of Valero Energy Corporation (NYSE: VLO, “Valero”). The transaction represents another step in the company’s ongoing portfolio transformation, sharpening its focus on businesses and assets that offer the strongest strategic fit and long-term value creation potential while strengthening its ability to allocate capital in line with its company strategy.

“This transaction reflects the disciplined approach we are taking to transform our portfolio and create long-term value,” said LYB CEO Peter Vanacker. “It provides an opportunity to realize value from a non-core asset while positioning the site, its infrastructure and employees with an owner whose core business is refining. We are pleased that the agreement provides continued employment for the site’s workforce and look forward to working with Valero on an orderly transition.”

Following the decision to cease refining operations, LYB evaluated a range of options for the site and determined that the sale offered the most compelling opportunity to advance the company’s strategic priorities.

The total purchase price for the transaction is $320.5 million. Valero is assuming responsibility for ongoing site operations, environmental liabilities, pension costs and related employee obligations. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and other customary closing conditions. 

MEDIA INQUIRIES:
Phone: +1 713 309 7575
Email: mediarelations@lyb.com 

About LyondellBasell
We are LyondellBasell (NYSE: LYB), a global leader in the chemical industry. We develop, manufacture and market innovative products for applications ranging from transportation and infrastructure to food safety, clean water and quality healthcare.

We hold leading positions in polyolefins, oxyfuels, propylene oxide and acetyls. Our focus on safe and reliable operations, proprietary technologies and strong portfolio positions us for success. Through disciplined investments, we strengthen our core businesses, and build profitable circular and low-carbon solutions that create long-term value for our customers, investors and other stakeholders.

Our commitment to an inclusive global workplace enables employees to do their best work as they create solutions for everyday sustainable living. For more information, please visit www.lyb.com or follow @LyondellBasell on LinkedIn.

Cautionary Note Regarding Forward-looking Statements
The statements in this press release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially from the anticipated results, or other expectations expressed in this press release, including, but not limited to, receipt of required regulatory approvals or the expiration of applicable waiting periods; the satisfaction of closing conditions; and our ability to complete the transaction described herein within the time period included herein. While these statements are made in good faith, LyondellBasell and its management cannot guarantee that anticipated future results will be achieved.

HOUSTON and LONDON, Oct. 30, 2026 (GLOBE NEWSWIRE) — LyondellBasell (NYSE: LYB) today announced it has entered into an agreement to sell its former Houston Refinery site and related assets to Valero Refining-Texas, L.P., a wholly owned subsidiary of Valero Energy Corporation (NYSE: VLO, “Valero”). The transaction represents another step in the company’s ongoing portfolio transformation, sharpening its focus on businesses and assets that offer the strongest strategic fit and long-term value creation potential while strengthening its ability to allocate capital in line with its company strategy.

“This transaction reflects the disciplined approach we are taking to transform our portfolio and create long-term value,” said LYB CEO Peter Vanacker. “It provides an opportunity to realize value from a non-core asset while positioning the site, its infrastructure and employees with an owner whose core business is refining. We are pleased that the agreement provides continued employment for the site’s workforce and look forward to working with Valero on an orderly transition.”

Following the decision to cease refining operations, LYB evaluated a range of options for the site and determined that the sale offered the most compelling opportunity to advance the company’s strategic priorities.

The total purchase price for the transaction is $320.5 million. Valero is assuming responsibility for ongoing site operations, environmental liabilities, pension costs and related employee obligations. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and other customary closing conditions. 

MEDIA INQUIRIES:
Phone: +1 713 309 7575
Email: mediarelations@lyb.com 

About LyondellBasell
We are LyondellBasell (NYSE: LYB), a global leader in the chemical industry. We develop, manufacture and market innovative products for applications ranging from transportation and infrastructure to food safety, clean water and quality healthcare.

We hold leading positions in polyolefins, oxyfuels, propylene oxide and acetyls. Our focus on safe and reliable operations, proprietary technologies and strong portfolio positions us for success. Through disciplined investments, we strengthen our core businesses, and build profitable circular and low-carbon solutions that create long-term value for our customers, investors and other stakeholders.

Our commitment to an inclusive global workplace enables employees to do their best work as they create solutions for everyday sustainable living. For more information, please visit www.lyb.com or follow @LyondellBasell on LinkedIn.

Cautionary Note Regarding Forward-looking Statements
The statements in this press release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual results could differ materially from the anticipated results, or other expectations expressed in this press release, including, but not limited to, receipt of required regulatory approvals or the expiration of applicable waiting periods; the satisfaction of closing conditions; and our ability to complete the transaction described herein within the time period included herein. While these statements are made in good faith, LyondellBasell and its management cannot guarantee that anticipated future results will be achieved.

Bíldudalur, 30 October 2026

Icelandic Salmon will present its third quarter 2026 results on Tuesday, 3 November 2026, via a Teams webinar in English. To register, please email
robert@arnarlax.is. A link will be distributed before the webinar begins.

CEO Bjørn Hembre and CFO Robert Robertsson will present the results at 09:00
Icelandic time (10:00 CET). A Q&A session will follow, with questions taken at
the end of the webinar.

One-on-one meetings can be arranged on Teams following the webinar.
If interested, please send an email to robert@arnarlax.is.

The results will be published at 06:30 Icelandic time (07:30 CET) on the
company’s website (www.arnarlax.is), the Oslo Stock
Exchange website (http://www.newsweb.com), Nasdaq (http://www.nasdaq.com), and Globe Newswire (http://www.globenewswire.com/newsroom).

For further information, please contact:
CEO Bjørn Hembre Tel: +354 620 1936
Email: bjorn@arnarlax.is

CFO Robert Robertsson Tel: +354 843 0086
Email: robert@arnarlax.is

Icelandic Salmon is dual-listed on the stock exchange market, both on the
Euronext Growth in Oslo and Nasdaq First North in Reykjavík. The Group is the
100% owner of Arnarlax ehf, a farming company in Iceland with head office in
Bíldudalur. The Group is fully integrated, from egg to fish delivered to
customers in the market, with control over all parts of the value chain.

See https://www.arnarlax.is for more information about the Group.

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

Bíldudalur, 30 October 2026

Icelandic Salmon will present its third quarter 2026 results on Tuesday, 3 November 2026, via a Teams webinar in English. To register, please email
robert@arnarlax.is. A link will be distributed before the webinar begins.

CEO Bjørn Hembre and CFO Robert Robertsson will present the results at 09:00
Icelandic time (10:00 CET). A Q&A session will follow, with questions taken at
the end of the webinar.

One-on-one meetings can be arranged on Teams following the webinar.
If interested, please send an email to robert@arnarlax.is.

The results will be published at 06:30 Icelandic time (07:30 CET) on the
company’s website (www.arnarlax.is), the Oslo Stock
Exchange website (http://www.newsweb.com), Nasdaq (http://www.nasdaq.com), and Globe Newswire (http://www.globenewswire.com/newsroom).

For further information, please contact:
CEO Bjørn Hembre Tel: +354 620 1936
Email: bjorn@arnarlax.is

CFO Robert Robertsson Tel: +354 843 0086
Email: robert@arnarlax.is

Icelandic Salmon is dual-listed on the stock exchange market, both on the
Euronext Growth in Oslo and Nasdaq First North in Reykjavík. The Group is the
100% owner of Arnarlax ehf, a farming company in Iceland with head office in
Bíldudalur. The Group is fully integrated, from egg to fish delivered to
customers in the market, with control over all parts of the value chain.

See https://www.arnarlax.is for more information about the Group.

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

GUANGZHOU, China, Oct. 30, 2026 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Advanced Air Mobility (“AAM”) technology platform company, today announced the establishment of an overseas regional hub in Thailand. The hub is intended to support international electric vertical take-off and landing (“eVTOL”) aircraft deployment, regional resource coordination and project implementation across Southeast Asia and other emerging markets.

By positioning aircraft and related resources closer to regional projects, the Thailand regional hub is expected to reduce transportation and coordination time, enable more flexible cross-market allocation, and help overseas projects move more efficiently from preparation to implementation.

In the near term, EHang plans to deploy an initial fleet of 25 units of EH216-S pilotless passenger-carrying eVTOL aircraft in Thailand. The regional fleet will support market-specific flight validation, operational preparation and project implementation across Southeast Asia and other emerging markets.

The hub is intended to support EHang’s broader product portfolio across passenger mobility, aerial logistics, emergency response and aerial media. The Company has already deployed approximately 1,200 units of GD4.0 formation drones in Thailand for its drone light show business, providing an established operational base for its aerial media activities in the market, with plans to expand the fleet to over 10,000 units.

Thailand serves not only as a local market for EHang’s AAM sandbox initiatives, but also as a strategic gateway for the Company’s overseas expansion across Southeast Asia and other emerging markets. EHang’s ongoing flight validation, regulatory engagement and established drone light show business in Thailand provide a practical foundation for the regional hub. Supported by Thailand’s regional connectivity, the hub is expected to strengthen EHang’s ability to serve projects in neighboring markets with greater speed, flexibility and coordination.

Building on this regional platform, EHang is advancing its Global Fast Track Program and AAM sandbox initiatives, establishing presence in Thailand, Sri Lanka, Vietnam and Malaysia while continuously exploring opportunities in other regional markets. The Thailand regional hub is intended to support these projects in a more responsive and coordinated manner by allocating aircraft and related resources according to local needs and project readiness.

Looking ahead, based on current plans, the Company expects the following near-term developments in key overseas projects:

• In Sri Lanka, which joined EHang’s Global Fast Track Program in August 2026, sandbox launch and validation flights at Port City Colombo are expected to begin in November 2026, with commercial operations under the applicable local sandbox regulatory framework targeted to start by year-end.
• In Vietnam, which joined EHang’s Global Fast Track Program in September 2026, the Company is expected to conduct validation flights within the Hanoi sandbox area in November 2026.
• In Malaysia, EHang is preparing an initial EH216-S flight demonstration in Putrajaya in November 2026, following the sandbox cooperation on AAM announced with the Civil Aviation Authority of Malaysia (“CAAM”) in October.
• In Thailand, EHang plans to demonstrate EH216-S flights during the International Civil Aviation Organization (“ICAO”) AAM Symposium in Bangkok in December 2026.

These anticipated developments, including aircraft deployment, flight validation, demonstrations and potential commercial operations, remain subject to applicable local laws and regulations, as well as completion of required operational preparations, safety assessments and relevant regulatory approvals.

About EHang

EHang (Nasdaq: EH) is a global-leading Advanced Air Mobility technology platform company dedicated to making safe, autonomous and eco-friendly air mobility accessible to everyone. EHang focuses on the research, development and manufacturing of a diversified portfolio of pilotless electric vertical take-off and landing (eVTOL) aerial vehicles, covering a wide range of application scenarios including aerial tourism, intra-city commuting, inter-city travel, logistics transportation and emergency firefighting. EHang’s flagship product, the EH216-S, has obtained the world’s first type certificate (TC), production certificate (PC) and standard airworthiness certificate (AC) for pilotless passenger-carrying eVTOL aircraft issued by the Civil Aviation Administration of China (CAAC), and has entered operation under China’s first batch of commercial operation qualifications for pilotless passenger-carrying eVTOL. In addition, the Company’s long-range VT35 model further extends inter-city mobility scenarios, laying the foundation for a multi-tiered low-altitude mobility network. Leveraging its advanced autonomous flight technology and scalable operational infrastructure, EHang is redefining the transportation of people and goods — transcending cities, regions and natural barriers to usher in a new era of air mobility. For more information, please visit www.ehang.com.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “may” and other similar expressions. Statements that are not historical facts, including statements regarding management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Many factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to product certification, the Company’s expectations regarding demand for and market acceptance of its products, the commercialization of the Company’s unmanned aerial vehicle products and solutions and Advanced Air Mobility services, its relationships with strategic partners, its international deployment plans, regulatory sandbox initiatives, aircraft deployment, local operational approvals, the timing of flight validation and commercial operations in overseas markets, and the litigation currently involving the Company and potential litigation. The Company’s management has made such forward-looking statements based on current expectations, assumptions, estimates and projections. While the Company’s management believes that these expectations, assumptions, estimates and projections are reasonable, forward-looking statements are only predictions of future events and involve known and unknown risks and uncertainties that are difficult for the Company’s management to control. These risks and uncertainties may cause EHang’s actual results of operations, performance or achievements to differ materially from those expressed or implied by any forward-looking statements.

Media Contact: pr@ehang.com

Investor Contact: ir@ehang.com

GUANGZHOU, China, Oct. 30, 2026 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Advanced Air Mobility (“AAM”) technology platform company, today announced the establishment of an overseas regional hub in Thailand. The hub is intended to support international electric vertical take-off and landing (“eVTOL”) aircraft deployment, regional resource coordination and project implementation across Southeast Asia and other emerging markets.

By positioning aircraft and related resources closer to regional projects, the Thailand regional hub is expected to reduce transportation and coordination time, enable more flexible cross-market allocation, and help overseas projects move more efficiently from preparation to implementation.

In the near term, EHang plans to deploy an initial fleet of 25 units of EH216-S pilotless passenger-carrying eVTOL aircraft in Thailand. The regional fleet will support market-specific flight validation, operational preparation and project implementation across Southeast Asia and other emerging markets.

The hub is intended to support EHang’s broader product portfolio across passenger mobility, aerial logistics, emergency response and aerial media. The Company has already deployed approximately 1,200 units of GD4.0 formation drones in Thailand for its drone light show business, providing an established operational base for its aerial media activities in the market, with plans to expand the fleet to over 10,000 units.

Thailand serves not only as a local market for EHang’s AAM sandbox initiatives, but also as a strategic gateway for the Company’s overseas expansion across Southeast Asia and other emerging markets. EHang’s ongoing flight validation, regulatory engagement and established drone light show business in Thailand provide a practical foundation for the regional hub. Supported by Thailand’s regional connectivity, the hub is expected to strengthen EHang’s ability to serve projects in neighboring markets with greater speed, flexibility and coordination.

Building on this regional platform, EHang is advancing its Global Fast Track Program and AAM sandbox initiatives, establishing presence in Thailand, Sri Lanka, Vietnam and Malaysia while continuously exploring opportunities in other regional markets. The Thailand regional hub is intended to support these projects in a more responsive and coordinated manner by allocating aircraft and related resources according to local needs and project readiness.

Looking ahead, based on current plans, the Company expects the following near-term developments in key overseas projects:

• In Sri Lanka, which joined EHang’s Global Fast Track Program in August 2026, sandbox launch and validation flights at Port City Colombo are expected to begin in November 2026, with commercial operations under the applicable local sandbox regulatory framework targeted to start by year-end.
• In Vietnam, which joined EHang’s Global Fast Track Program in September 2026, the Company is expected to conduct validation flights within the Hanoi sandbox area in November 2026.
• In Malaysia, EHang is preparing an initial EH216-S flight demonstration in Putrajaya in November 2026, following the sandbox cooperation on AAM announced with the Civil Aviation Authority of Malaysia (“CAAM”) in October.
• In Thailand, EHang plans to demonstrate EH216-S flights during the International Civil Aviation Organization (“ICAO”) AAM Symposium in Bangkok in December 2026.

These anticipated developments, including aircraft deployment, flight validation, demonstrations and potential commercial operations, remain subject to applicable local laws and regulations, as well as completion of required operational preparations, safety assessments and relevant regulatory approvals.

About EHang

EHang (Nasdaq: EH) is a global-leading Advanced Air Mobility technology platform company dedicated to making safe, autonomous and eco-friendly air mobility accessible to everyone. EHang focuses on the research, development and manufacturing of a diversified portfolio of pilotless electric vertical take-off and landing (eVTOL) aerial vehicles, covering a wide range of application scenarios including aerial tourism, intra-city commuting, inter-city travel, logistics transportation and emergency firefighting. EHang’s flagship product, the EH216-S, has obtained the world’s first type certificate (TC), production certificate (PC) and standard airworthiness certificate (AC) for pilotless passenger-carrying eVTOL aircraft issued by the Civil Aviation Administration of China (CAAC), and has entered operation under China’s first batch of commercial operation qualifications for pilotless passenger-carrying eVTOL. In addition, the Company’s long-range VT35 model further extends inter-city mobility scenarios, laying the foundation for a multi-tiered low-altitude mobility network. Leveraging its advanced autonomous flight technology and scalable operational infrastructure, EHang is redefining the transportation of people and goods — transcending cities, regions and natural barriers to usher in a new era of air mobility. For more information, please visit www.ehang.com.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “may” and other similar expressions. Statements that are not historical facts, including statements regarding management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Many factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to product certification, the Company’s expectations regarding demand for and market acceptance of its products, the commercialization of the Company’s unmanned aerial vehicle products and solutions and Advanced Air Mobility services, its relationships with strategic partners, its international deployment plans, regulatory sandbox initiatives, aircraft deployment, local operational approvals, the timing of flight validation and commercial operations in overseas markets, and the litigation currently involving the Company and potential litigation. The Company’s management has made such forward-looking statements based on current expectations, assumptions, estimates and projections. While the Company’s management believes that these expectations, assumptions, estimates and projections are reasonable, forward-looking statements are only predictions of future events and involve known and unknown risks and uncertainties that are difficult for the Company’s management to control. These risks and uncertainties may cause EHang’s actual results of operations, performance or achievements to differ materially from those expressed or implied by any forward-looking statements.

Media Contact: pr@ehang.com

Investor Contact: ir@ehang.com

Strategic deals for nearly 1.6GW of advanced solar modules, including domestic cells from under-construction G2_Austin cell fab, executed

AUSTIN, Texas and NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) announced this morning it has signed new offtake deals totaling more than 1.58GW of advanced solar modules.

Through its latest offtake contracts, including with subsidiaries of independent power producer Avantus, T1 Energy expects to supply high-performance, high-efficiency, TOPCon modules from its G1_Dallas solar module facility in 2027 and 2028. The modules are expected to use a blend of imported solar cells and domestically produced cells from T1’s G2_Austin new solar cell fab. T1 now has more than 4GW of its 2027 manufacturing capacity under contract.

“TOPCon is one of the most advanced crystalline-silicon module technologies in commercial production today,” said T1’s Chairman and CEO Dan Barcelo. “America’s AI infrastructure and energy grid need high-efficiency modules—and we’re building them here, in Texas.”

T1 continues to increase the domestic content of its modules. T1 began construction of G2_Austin, its solar cell fab in Rockdale, Texas, in December 2025. The first 2.1GW phase is expected to produce cells in Q1 2027. T1 expects to offer modules with greater than 60% domestic content in 2027.

The deals mark a continuation of T1’s commercial strategy to offer customers a traceable and reliable solar supply chain. Leveraging its 5GW solar module facility, G1_Dallas, T1 offers integrated solutions that help clients optimize project schedules, financing, and returns.

In addition to building a leading domestic solar supply chain through reshoring manufacturing, T1 has also repatriated key solar technology. T1’s solar modules feature Tunnel Oxide Passivated Contact (“TOPCon”) solar cells, which T1 believes is the most advanced, highly efficient commercially viable solar technology available. In July, the company announced it had acquired foundational TOPCon solar patents and other intellectual property.

About T1 Energy

T1 Energy Inc. (NYSE: TE) is an energy solutions provider building an integrated U.S. supply chain for solar. In December 2024, T1 completed a transformative transaction, positioning the Company as one of the leading solar manufacturing companies in the U.S., with a complementary solar and storage strategy. Based in the U.S. with plans to expand its operations in America, the Company is also exploring value optimization opportunities across its portfolio of assets in Europe.

To learn more about T1, please visit www.T1energy.com and follow us on social media.

Investor contact:

Jeffrey Spittel
EVP, Investor Relations and Corporate Development
jeffrey.spittel@T1energy.com
Tel: +1 409 599 5706

Media contact:

Russell Gold
EVP, Strategic Communications
russell.gold@T1energy.com
Tel: +1 214 616 9715

Cautionary Statement Concerning Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation with respect to: the expected supply and delivery of solar modules under T1’s new offtake agreements; the timing for completion of Phase 1 of G2_Austin; T1’s ability to successfully convert ongoing commercial discussions into binding offtake agreements; the expected use of a blend of imported and domestically produced solar cells in T1’s modules; and T1’s ability to increase the domestic content in offered modules. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results, or achievements to be materially different from the Company’s expectations and projections expressed or implied by the forward-looking statements. Important factors include, but are not limited to, those discussed under the caption “Risk Factors” in T1’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2026, as amended by Amendment No. 1 on Form 10-K/A filed with the SEC on April 30, 2026, T1’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026, filed with the SEC on May 12, 2026 and August 12, 2026, respectively, and T1’s other filings with the SEC, including risks related to: (1) T1’s ability to (i) construct and equip manufacturing facilities in a timely and cost-effective manner; (ii) target and retain customers and suppliers; (iii) attract and retain key employees and qualified personnel; (iv) protect its intellectual property; (v) comply with legal and environmental regulations; (vi) compete in international markets in light of export and import controls; (vii) incur substantially more debt; (viii) remediate the material weakness in T1’s internal control over financial reporting or otherwise maintain effective internal control over financial reporting; (ix) qualify for the advanced manufacturing production credit under Section 45X of the Internal Revenue Code of 1986, as amended; and (x) manage its exposure to warranty claims; (2) the concentration of T1’s operations in Texas and its dependence on a limited number of suppliers; (3) changes adversely affecting the flow of components and materials from international vendors, the costs of raw materials, components, equipment, and machinery; (4) damage, failure, or interruption of T1’s information technology systems, including due to cyber-based attacks and breaches; (5) general economic and geopolitical conditions; (6) the safety and environmental risks inherent to T1’s worksites; (7) changes in applicable laws or regulations, including environmental, export control and tax laws and incentives and renewable energy targets, as well as international trade policies, including tariffs, on T1’s products and competitive position (including T1’s ability to obtain tariff refunds); (8) the outcome of any legal proceedings relating to T1’s products and services, including intellectual property or product liability claims, commercial or contractual disputes, warranty claims, and other proceedings; and (9) the capital-intensive nature of T1’s business and its ability to raise additional capital on attractive terms or service its debt. All of the above referenced filings are available on the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company assumes no obligation to update such forward-looking statements, all of which are expressly qualified by the statements in this section, whether as a result of new information, future events or otherwise, except as required by law.

T1 intends to use its website as a channel of distribution to disclose information which may be of interest or material to investors and to communicate with investors and the public. Such disclosures will be included on T1’s website in the ‘Investor Relations’ section. T1, and its CEO and Chairman of the Board, Daniel Barcelo, also intend to use certain social media channels, including, but not limited to, X, LinkedIn and Instagram, as means of communicating with the public and investors about T1, its progress, products, and other matters. While not all the information that T1 or Daniel Barcelo post to their respective digital platforms may be deemed to be of a material nature, some information may be. As a result, T1 encourages investors and others interested to review the information that it and Daniel Barcelo posts and to monitor such portions of T1’s website and social media channels on a regular basis, in addition to following T1’s press releases, SEC filings, and public conference calls and webcasts. The contents of T1’s website and its and Daniel Barcelo’s social media channels shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Strategic deals for nearly 1.6GW of advanced solar modules, including domestic cells from under-construction G2_Austin cell fab, executed

AUSTIN, Texas and NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) — T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) announced this morning it has signed new offtake deals totaling more than 1.58GW of advanced solar modules.

Through its latest offtake contracts, including with subsidiaries of independent power producer Avantus, T1 Energy expects to supply high-performance, high-efficiency, TOPCon modules from its G1_Dallas solar module facility in 2027 and 2028. The modules are expected to use a blend of imported solar cells and domestically produced cells from T1’s G2_Austin new solar cell fab. T1 now has more than 4GW of its 2027 manufacturing capacity under contract.

“TOPCon is one of the most advanced crystalline-silicon module technologies in commercial production today,” said T1’s Chairman and CEO Dan Barcelo. “America’s AI infrastructure and energy grid need high-efficiency modules—and we’re building them here, in Texas.”

T1 continues to increase the domestic content of its modules. T1 began construction of G2_Austin, its solar cell fab in Rockdale, Texas, in December 2025. The first 2.1GW phase is expected to produce cells in Q1 2027. T1 expects to offer modules with greater than 60% domestic content in 2027.

The deals mark a continuation of T1’s commercial strategy to offer customers a traceable and reliable solar supply chain. Leveraging its 5GW solar module facility, G1_Dallas, T1 offers integrated solutions that help clients optimize project schedules, financing, and returns.

In addition to building a leading domestic solar supply chain through reshoring manufacturing, T1 has also repatriated key solar technology. T1’s solar modules feature Tunnel Oxide Passivated Contact (“TOPCon”) solar cells, which T1 believes is the most advanced, highly efficient commercially viable solar technology available. In July, the company announced it had acquired foundational TOPCon solar patents and other intellectual property.

About T1 Energy

T1 Energy Inc. (NYSE: TE) is an energy solutions provider building an integrated U.S. supply chain for solar. In December 2024, T1 completed a transformative transaction, positioning the Company as one of the leading solar manufacturing companies in the U.S., with a complementary solar and storage strategy. Based in the U.S. with plans to expand its operations in America, the Company is also exploring value optimization opportunities across its portfolio of assets in Europe.

To learn more about T1, please visit www.T1energy.com and follow us on social media.

Investor contact:

Jeffrey Spittel
EVP, Investor Relations and Corporate Development
jeffrey.spittel@T1energy.com
Tel: +1 409 599 5706

Media contact:

Russell Gold
EVP, Strategic Communications
russell.gold@T1energy.com
Tel: +1 214 616 9715

Cautionary Statement Concerning Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation with respect to: the expected supply and delivery of solar modules under T1’s new offtake agreements; the timing for completion of Phase 1 of G2_Austin; T1’s ability to successfully convert ongoing commercial discussions into binding offtake agreements; the expected use of a blend of imported and domestically produced solar cells in T1’s modules; and T1’s ability to increase the domestic content in offered modules. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results, or achievements to be materially different from the Company’s expectations and projections expressed or implied by the forward-looking statements. Important factors include, but are not limited to, those discussed under the caption “Risk Factors” in T1’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2026, as amended by Amendment No. 1 on Form 10-K/A filed with the SEC on April 30, 2026, T1’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026, filed with the SEC on May 12, 2026 and August 12, 2026, respectively, and T1’s other filings with the SEC, including risks related to: (1) T1’s ability to (i) construct and equip manufacturing facilities in a timely and cost-effective manner; (ii) target and retain customers and suppliers; (iii) attract and retain key employees and qualified personnel; (iv) protect its intellectual property; (v) comply with legal and environmental regulations; (vi) compete in international markets in light of export and import controls; (vii) incur substantially more debt; (viii) remediate the material weakness in T1’s internal control over financial reporting or otherwise maintain effective internal control over financial reporting; (ix) qualify for the advanced manufacturing production credit under Section 45X of the Internal Revenue Code of 1986, as amended; and (x) manage its exposure to warranty claims; (2) the concentration of T1’s operations in Texas and its dependence on a limited number of suppliers; (3) changes adversely affecting the flow of components and materials from international vendors, the costs of raw materials, components, equipment, and machinery; (4) damage, failure, or interruption of T1’s information technology systems, including due to cyber-based attacks and breaches; (5) general economic and geopolitical conditions; (6) the safety and environmental risks inherent to T1’s worksites; (7) changes in applicable laws or regulations, including environmental, export control and tax laws and incentives and renewable energy targets, as well as international trade policies, including tariffs, on T1’s products and competitive position (including T1’s ability to obtain tariff refunds); (8) the outcome of any legal proceedings relating to T1’s products and services, including intellectual property or product liability claims, commercial or contractual disputes, warranty claims, and other proceedings; and (9) the capital-intensive nature of T1’s business and its ability to raise additional capital on attractive terms or service its debt. All of the above referenced filings are available on the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company assumes no obligation to update such forward-looking statements, all of which are expressly qualified by the statements in this section, whether as a result of new information, future events or otherwise, except as required by law.

T1 intends to use its website as a channel of distribution to disclose information which may be of interest or material to investors and to communicate with investors and the public. Such disclosures will be included on T1’s website in the ‘Investor Relations’ section. T1, and its CEO and Chairman of the Board, Daniel Barcelo, also intend to use certain social media channels, including, but not limited to, X, LinkedIn and Instagram, as means of communicating with the public and investors about T1, its progress, products, and other matters. While not all the information that T1 or Daniel Barcelo post to their respective digital platforms may be deemed to be of a material nature, some information may be. As a result, T1 encourages investors and others interested to review the information that it and Daniel Barcelo posts and to monitor such portions of T1’s website and social media channels on a regular basis, in addition to following T1’s press releases, SEC filings, and public conference calls and webcasts. The contents of T1’s website and its and Daniel Barcelo’s social media channels shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.