Tag: GlobeNewswire

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

• 2026-11-02 FBM26-66 BioMar guidance ENG

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

• 2026-11-02 FBM26-66 BioMar guidance ENG

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

• 24 PDMR Notification – Frandsen Holding ApS (29.10.2026)
• 24 PDMR Notification – Frandsen Holding ApS (30.10.2026)

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

• 24 PDMR Notification – Frandsen Holding ApS (29.10.2026)
• 24 PDMR Notification – Frandsen Holding ApS (30.10.2026)

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

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

Building on several years of issuing tokenized reinsurance securities, Oxbridge is expanding its tokenization activities and exploring applications in AI data center financing.

GRAND CAYMAN, Cayman Islands, Nov. 02, 2026 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge” or the “Company”) today announced that Chairman and CEO Jay Madhu will return as a speaker at Uncorrelated Cayman 2026. Madhu will discuss the Company’s experience issuing tokenized reinsurance securities through SurancePlus, the expansion into third-party reinsurance opportunities, and how tokenization could support AI infrastructure financing through AI GridWorks.

Uncorrelated Cayman brings together institutional investors, family offices and fund managers for discussions on alternative investments. Madhu will join the “Tokenization & Digital Assets” panel, sharing a practitioner’s perspective on structuring and issuing tokenized securities, investor access, and the practical considerations involved in using blockchain infrastructure.

Through SurancePlus, Oxbridge has completed tokenized reinsurance offerings across four consecutive treaty years. The Company is building on that experience by broadening the reinsurance opportunities available through its platform and exploring potential applications in other real-world assets, including AI data centers.

Developments Since Uncorrelated Cayman 2025

• 2025–2026 Reinsurance Results: SurancePlus’ EtaCat Re and ZetaCat Re offerings, presented at last year’s conference with target annual returns of 20% and 42%, delivered annualized returns of 29.3% and 43.4%, respectively, as announced on June 17, 2026.
• 2026–2027 Offerings: SurancePlus completed its T20-2027 and T42-2027 tokenized reinsurance offerings, continuing the Company’s use of blockchain infrastructure to provide access to reinsurance investments.
• Expansion into Third-Party Reinsurance: SurancePlus completed three HCI-related tokenized securities offerings. The securities provide qualified investors with synthetic contractual exposure to specified reinsurance risk associated with HCI Group’s Fortex Re program through a separate investment structure, without direct participation in the underlying reinsurance program.
• AI GridWorks: Launched in August 2026, Oxbridge’s AI infrastructure subsidiary is focused on developing, owning and operating AI data centers. The Company is exploring how SurancePlus’ tokenization experience could support capital formation for these projects.

Jay Madhu, Chairman and CEO of Oxbridge, commented: “We’re excited to return to Uncorrelated Cayman, right here in our home jurisdiction. Last year we told this audience what we believed tokenized reinsurance could deliver, and those offerings exceeded their targets. Our next chapter is bringing SurancePlus and AI GridWorks together, and we are exploring how tokenization could open AI data center infrastructure to a broader base of investors.”

Conference Details

Panel: Tokenization & Digital Assets
Date: Tuesday, November 3, 2026
Time: 11:30 a.m.–12:10 p.m. Cayman time / Eastern Standard Time
Venue: Hotel Indigo Grand Cayman

Conference attendees interested in meeting with Madhu to discuss SurancePlus, AI GridWorks or potential partnerships may contact the Company using the details below.

About Oxbridge Re Holdings Limited

Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is a publicly traded holding company headquartered in the Cayman Islands, focused on building and growing businesses at the intersection of digital finance and artificial intelligence infrastructure, through its two complementary growth platforms.

Through its SurancePlus platform, Oxbridge has pioneered the tokenization of Real-World Assets (RWAs) by developing one of the first blockchain-based platforms to offer tokenized reinsurance securities sponsored by a subsidiary of a publicly traded company. The Company’s regulated reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge Re NS, provide property and casualty reinsurance solutions serving insurers in the Gulf Coast region of the United States.

Through AI GridWorks, Oxbridge is expanding into AI infrastructure with a focus on developing, owning, and operating AI data centers and the supporting infrastructure required to meet the rapidly growing demand for AI compute.

For more information, visit www.oxbridgere.com, www.suranceplus.com, and www.aigridworks.ai

Company Contact
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
JMadhu@OxbridgeRe.com

Important Notice

This press release is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offer and sale of the tokens by SurancePlus are not required to be, and have not been, registered under the United States Securities Act of 1933, as amended, in reliance on the exemptions provided by Regulation S and SEC Rule 506(c) thereunder. Any securities described herein will be offered only pursuant to definitive offering documents and in accordance with applicable securities laws and regulations. Participation in any offering will be limited to investors who satisfy the applicable eligibility requirements and regulatory exemptions. Past performance of any SurancePlus offering is not indicative of future results. Nothing contained herein should be construed as investment, legal, or tax advice.

Building on several years of issuing tokenized reinsurance securities, Oxbridge is expanding its tokenization activities and exploring applications in AI data center financing.

GRAND CAYMAN, Cayman Islands, Nov. 02, 2026 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge” or the “Company”) today announced that Chairman and CEO Jay Madhu will return as a speaker at Uncorrelated Cayman 2026. Madhu will discuss the Company’s experience issuing tokenized reinsurance securities through SurancePlus, the expansion into third-party reinsurance opportunities, and how tokenization could support AI infrastructure financing through AI GridWorks.

Uncorrelated Cayman brings together institutional investors, family offices and fund managers for discussions on alternative investments. Madhu will join the “Tokenization & Digital Assets” panel, sharing a practitioner’s perspective on structuring and issuing tokenized securities, investor access, and the practical considerations involved in using blockchain infrastructure.

Through SurancePlus, Oxbridge has completed tokenized reinsurance offerings across four consecutive treaty years. The Company is building on that experience by broadening the reinsurance opportunities available through its platform and exploring potential applications in other real-world assets, including AI data centers.

Developments Since Uncorrelated Cayman 2025

• 2025–2026 Reinsurance Results: SurancePlus’ EtaCat Re and ZetaCat Re offerings, presented at last year’s conference with target annual returns of 20% and 42%, delivered annualized returns of 29.3% and 43.4%, respectively, as announced on June 17, 2026.
• 2026–2027 Offerings: SurancePlus completed its T20-2027 and T42-2027 tokenized reinsurance offerings, continuing the Company’s use of blockchain infrastructure to provide access to reinsurance investments.
• Expansion into Third-Party Reinsurance: SurancePlus completed three HCI-related tokenized securities offerings. The securities provide qualified investors with synthetic contractual exposure to specified reinsurance risk associated with HCI Group’s Fortex Re program through a separate investment structure, without direct participation in the underlying reinsurance program.
• AI GridWorks: Launched in August 2026, Oxbridge’s AI infrastructure subsidiary is focused on developing, owning and operating AI data centers. The Company is exploring how SurancePlus’ tokenization experience could support capital formation for these projects.

Jay Madhu, Chairman and CEO of Oxbridge, commented: “We’re excited to return to Uncorrelated Cayman, right here in our home jurisdiction. Last year we told this audience what we believed tokenized reinsurance could deliver, and those offerings exceeded their targets. Our next chapter is bringing SurancePlus and AI GridWorks together, and we are exploring how tokenization could open AI data center infrastructure to a broader base of investors.”

Conference Details

Panel: Tokenization & Digital Assets
Date: Tuesday, November 3, 2026
Time: 11:30 a.m.–12:10 p.m. Cayman time / Eastern Standard Time
Venue: Hotel Indigo Grand Cayman

Conference attendees interested in meeting with Madhu to discuss SurancePlus, AI GridWorks or potential partnerships may contact the Company using the details below.

About Oxbridge Re Holdings Limited

Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is a publicly traded holding company headquartered in the Cayman Islands, focused on building and growing businesses at the intersection of digital finance and artificial intelligence infrastructure, through its two complementary growth platforms.

Through its SurancePlus platform, Oxbridge has pioneered the tokenization of Real-World Assets (RWAs) by developing one of the first blockchain-based platforms to offer tokenized reinsurance securities sponsored by a subsidiary of a publicly traded company. The Company’s regulated reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge Re NS, provide property and casualty reinsurance solutions serving insurers in the Gulf Coast region of the United States.

Through AI GridWorks, Oxbridge is expanding into AI infrastructure with a focus on developing, owning, and operating AI data centers and the supporting infrastructure required to meet the rapidly growing demand for AI compute.

For more information, visit www.oxbridgere.com, www.suranceplus.com, and www.aigridworks.ai

Company Contact
Oxbridge Re Holdings Limited
Jay Madhu, CEO
+1 345-749-7570
JMadhu@OxbridgeRe.com

Important Notice

This press release is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offer and sale of the tokens by SurancePlus are not required to be, and have not been, registered under the United States Securities Act of 1933, as amended, in reliance on the exemptions provided by Regulation S and SEC Rule 506(c) thereunder. Any securities described herein will be offered only pursuant to definitive offering documents and in accordance with applicable securities laws and regulations. Participation in any offering will be limited to investors who satisfy the applicable eligibility requirements and regulatory exemptions. Past performance of any SurancePlus offering is not indicative of future results. Nothing contained herein should be construed as investment, legal, or tax advice.

• SKYOVI automates fiber connection design, and tracks materials to keep construction on time and on budget

LITTLE ROCK, Ark., Nov. 02, 2026 (GLOBE NEWSWIRE) — Kinetic, the residential and business insurgent fiber internet provider, today announced its partnership with SKYOVI to bring an artificial intelligence design platform to its fiber-installation operations.

The AI platform helps Kinetic plan and build its final fiber connection to each home and business more quickly and accurately, so customers can get online sooner and have a better internet experience.

All fiber customers need a “drop,” otherwise known as the last stretch of fiber that runs from a nearby network terminal to the home or business. Planning each drop has traditionally meant mapping a route, confirming an open connection point and estimating materials, often by hand.

SKYOVI uses AI to handle much of that work automatically, examining all 2.2 million homes in Kinetic’s 18-state footprint and designing the drop and calculating the distance from its network terminal all the way to the home or business before crews are deployed to the build. This frees up engineers and field teams to focus on ensuring everything works perfectly on installation day.

“As we continue expanding fiber to more communities, the speed and accuracy of every connection matters,” said Jim Dacey, senior vice president of Kinetic Center Operations. “SKYOVI gives our teams smarter tools to design each drop right the first time, reduce delays and deliver a better installation experience for our customers.”

Much of the time saved for crews comes before they even break ground. SKYOVI automates drop design and lets teams survey each route virtually, cutting down on in-person site visits. Together, these capabilities significantly reduce the cycle time for placing buried fiber drops by over 60%.

How SKYOVI helps

• Built-in AI with predictable costs. SKYOVI uses proprietary AI models rather than outside services that charge each time an image or map is analyzed. This gives Kinetic steady, predictable operating costs and more control as the program scales.
• Designs that adapt to the real world. Engineers and field managers can review and adjust AI-generated fiber routes. When they flag an obstacle, structure or change on the ground, the system automatically recalculates the route.  
• Smarter material planning. The platform creates a job-specific list of materials for each installation and compares what was planned with what was used. That helps teams spot discrepancies, control costs, and reduce waste.

“Fiber connectivity is essential to the future of communities across America, enabling better access to education, healthcare, economic opportunities, and digital services,” said Gaurav Deshmukh, president and CEO of SKYOVI. “We commend Kinetic for its continued investment in expanding high-speed fiber connectivity and are proud to support these efforts. This partnership marks an important step toward making fiber deployment more predictable, scalable, and cost-efficient while accelerating broadband connectivity to more homes and businesses and building a more connected America.”

SKYOVI complements Kinetic’s broader fiber expansion and network modernization, helping the company keep pace as it connects more homes and businesses across its footprint.

Kinetic is committed to delivering fast, reliable, future-proof connectivity that supports local economic growth, education, telehealth and small business competitiveness. This investment underscores the company’s dedication to serving its communities, the same communities where its employees live and work, with lasting value now and for years to come.

For more information about Kinetic, or to see if you’re eligible for Kinetic Fiber Internet, visit www.gokinetic.com or call 1-877-90-Fiber.

About Kinetic:

Named the 2026 Telecommunications Company of the Year (Stevie Gold/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT) and a leading provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern and Northeastern United States. Additional information is available at gokinetic.com.

About SKYOVI: SKYOVI is a boutique technology company focused on AI-powered products and platforms for telecommunications, enterprise operations, contact centers, computer vision, field operations, and digital transformation. SKYOVI combines product engineering, industry expertise, and implementation services to help clients simplify operations, improve customer experience, automate workflows, and accelerate business outcomes.

Media Contact:

Kinetic: Victoria Carman, kinetic.pr@uniti.com

SKYOVI: Gaurav Deshmukh, GD@SKYOVI.COM

• SKYOVI automates fiber connection design, and tracks materials to keep construction on time and on budget

LITTLE ROCK, Ark., Nov. 02, 2026 (GLOBE NEWSWIRE) — Kinetic, the residential and business insurgent fiber internet provider, today announced its partnership with SKYOVI to bring an artificial intelligence design platform to its fiber-installation operations.

The AI platform helps Kinetic plan and build its final fiber connection to each home and business more quickly and accurately, so customers can get online sooner and have a better internet experience.

All fiber customers need a “drop,” otherwise known as the last stretch of fiber that runs from a nearby network terminal to the home or business. Planning each drop has traditionally meant mapping a route, confirming an open connection point and estimating materials, often by hand.

SKYOVI uses AI to handle much of that work automatically, examining all 2.2 million homes in Kinetic’s 18-state footprint and designing the drop and calculating the distance from its network terminal all the way to the home or business before crews are deployed to the build. This frees up engineers and field teams to focus on ensuring everything works perfectly on installation day.

“As we continue expanding fiber to more communities, the speed and accuracy of every connection matters,” said Jim Dacey, senior vice president of Kinetic Center Operations. “SKYOVI gives our teams smarter tools to design each drop right the first time, reduce delays and deliver a better installation experience for our customers.”

Much of the time saved for crews comes before they even break ground. SKYOVI automates drop design and lets teams survey each route virtually, cutting down on in-person site visits. Together, these capabilities significantly reduce the cycle time for placing buried fiber drops by over 60%.

How SKYOVI helps

• Built-in AI with predictable costs. SKYOVI uses proprietary AI models rather than outside services that charge each time an image or map is analyzed. This gives Kinetic steady, predictable operating costs and more control as the program scales.
• Designs that adapt to the real world. Engineers and field managers can review and adjust AI-generated fiber routes. When they flag an obstacle, structure or change on the ground, the system automatically recalculates the route.  
• Smarter material planning. The platform creates a job-specific list of materials for each installation and compares what was planned with what was used. That helps teams spot discrepancies, control costs, and reduce waste.

“Fiber connectivity is essential to the future of communities across America, enabling better access to education, healthcare, economic opportunities, and digital services,” said Gaurav Deshmukh, president and CEO of SKYOVI. “We commend Kinetic for its continued investment in expanding high-speed fiber connectivity and are proud to support these efforts. This partnership marks an important step toward making fiber deployment more predictable, scalable, and cost-efficient while accelerating broadband connectivity to more homes and businesses and building a more connected America.”

SKYOVI complements Kinetic’s broader fiber expansion and network modernization, helping the company keep pace as it connects more homes and businesses across its footprint.

Kinetic is committed to delivering fast, reliable, future-proof connectivity that supports local economic growth, education, telehealth and small business competitiveness. This investment underscores the company’s dedication to serving its communities, the same communities where its employees live and work, with lasting value now and for years to come.

For more information about Kinetic, or to see if you’re eligible for Kinetic Fiber Internet, visit www.gokinetic.com or call 1-877-90-Fiber.

About Kinetic:

Named the 2026 Telecommunications Company of the Year (Stevie Gold/American Business Awards), Kinetic is a business unit of Uniti (NASDAQ: UNIT) and a leading provider of multi-gigabit fiber internet, whole-home Wi-Fi, internet security and voice services in 1,400 markets across 18 states in the Southwestern, Southeastern, Midwestern and Northeastern United States. Additional information is available at gokinetic.com.

About SKYOVI: SKYOVI is a boutique technology company focused on AI-powered products and platforms for telecommunications, enterprise operations, contact centers, computer vision, field operations, and digital transformation. SKYOVI combines product engineering, industry expertise, and implementation services to help clients simplify operations, improve customer experience, automate workflows, and accelerate business outcomes.

Media Contact:

Kinetic: Victoria Carman, kinetic.pr@uniti.com

SKYOVI: Gaurav Deshmukh, GD@SKYOVI.COM