ALAMEDA, Calif., April 15, 2026 /PRNewswire/ — Pyka, a California-based leader in autonomous electric aviation, today announced it will serve as the lead technology partner on the California Zero-Emission Aviation Demonstration Project. The project is funded by California Climate Investments through the California Air Resources Board’s Sustainable Heavy-Duty Initiatives for Future Technology (SHIFT) program and supported by the California Energy Commission (CEC).

 

Administered by the Foundation for California Community Colleges (FoundationCCC), the project will deploy one of the first large-scale commercial demonstrations of all-electric, autonomous aircraft in California agriculture. The multi-year project will demonstrate the real-world viability of zero-emission aviation by deploying Pyka’s all-electric autonomous Pelican 2 aircraft. The aircraft will operate under Federal Aviation Administration approvals for agricultural operations at Victoria Island Farms in California’s Sacramento–San Joaquin Delta.

Power will come primarily from off-grid solar charging systems, with additional support from project-funded zero-emission ground-support vehicles. Together, these systems will significantly reduce fossil fuel use associated with both flight operations and on-site agricultural support. The project brings together partners from industry, agriculture, and workforce development, including Pyka, Victoria Island Farms, Ogive Technology, Inc., NPower California, and the Bay Area Community College Consortium (BACCC).

“This project will demonstrate the scalability of zero-emission autonomous aircraft,” said Chuma Ogunwole, Chief Operating Officer of Pyka. “By operating autonomous electric aircraft at commercial scale in a real agricultural environment, we’re proving that aviation can reduce emissions today — not decades from now — while improving safety, efficiency, and community outcomes.”

Advancing CARB’s Climate, Equity, and Technology Goals
The California Zero-Emission Aviation Demonstration Project is part of California Climate Investments, a statewide initiative that uses Cap-and-Invest funds to reduce greenhouse gas emissions, strengthen the economy and improve public health and the environment, particularly in disadvantaged communities.

Over the course of the project, operations with Pyka’s aircraft are expected to reduce greenhouse gas emissions by more than 1,000 metric tons of carbon dioxide. The project is also expected to reduce nitrogen oxides (NOx), particulate matter and other criteria pollutants by displacing conventional fossil-fuel-powered crop dusters and diesel agricultural equipment.

Additional benefits may include reduced noise pollution, improved application precision that can lower overall chemical use, and reduced spray drift in nearby communities.

“California’s responsibility to protect its citizens from harmful air pollution and the effects of climate change extends beyond cars and trucks,” said CARB Deputy Executive Officer of Mobile Sources & Incentives Christopher Grundler. “CARB investments in SHIFT projects like this one are taking zero-emissions technology to new heights and demonstrating that clean aviation is not only feasible, but already capable of doing many jobs better and cheaper than polluting alternatives.”

“The CEC is proud to fund the deployment of zero-emission aviation infrastructure for this pilot project,” said Melanie Vail, Deputy Director of the CEC Fuels and Transportation Division. “Zero-emission aviation is California’s next frontier, and this off-grid solar charging system could become an industry blueprint.”

The project also includes an equity-centered workforce development and training program, led by FoundationCCC in partnership with NPower California and BACCC. Through paid work experience, professional training pathways, and community college engagement, the program aims to prepare California residents for skilled, living-wage jobs in zero-emission aviation manufacturing and operations.

“This project reflects the kind of collaboration California needs to advance innovative technologies alongside workforce and economic development,” said Dr. Jeffrey Clary, Senior Director of Climate Strategies at the Foundation for California Community Colleges. “By combining zero-emission aviation with workforce initiatives, we’re working to deliver air quality benefits while building pathways into high-quality clean jobs in agriculture and aviation. FoundationCCC is proud to partner with Pyka and the project team on this first-of-its-kind demonstration.”

Building a Scalable Model for Zero-Emission Aviation
Pyka will manufacture and operate the aircraft from its Bay Area facility in Alameda, California, collecting detailed operational data throughout the demonstration. The data will support reporting to CARB and the CEC and help inform future policy development, regulatory pathways, and industry adoption. The project is designed as a replicable model that can be scaled across California’s agricultural sector and adapted to additional aviation uses, including cargo logistics and other critical services. Broader deployment could amplify long-term emissions reductions statewide and beyond.

“This investment demonstrates California’s leadership in tackling some of the most challenging decarbonization challenges,” Ogunwole added. “Aviation has long been one of the most difficult sectors to electrify. This project shows that with the right partners and technology, zero-emission flight is no longer a distant goal – it’s taking shape today.”

About Pyka:
Pyka is a robotics company on a mission to build the most useful autonomous aircraft on Earth. At the core of every Pyka aircraft is a vertically integrated aircraft-first robotics stack: proprietary flight control software, avionics, high-power density electric motors, motor controllers, batteries, and carbon fiber composite airframes, developed entirely in-house and manufactured in the United States of America. Learn more at www.flypyka.com.

About the Foundation for California Community Colleges (FoundationCCC):
The Foundation for California Community Colleges works to benefit students, colleges, and communities by accelerating paths to economic and social mobility, strengthening communities, and reducing barriers to opportunities for all Californians. FoundationCCC is a 501(c)(3) tax-exempt non-profit organization founded in 1998. It serves as the official statewide nonprofit organization supporting the California Community Colleges, the largest system of higher education in the nation. For more information, visit www.foundationccc.org.

About the California Air Resources Board (CARB) and Sustainable Heavy-Duty Initiatives for Future Technology (SHIFT):
This project is part of SHIFT, a program administered by the California Air Resources Board and funded through California Climate Investments.

CARB’s mission is to promote and protect public health, welfare, and ecological resources through effective reduction of air pollutants while recognizing and considering effects on the economy. CARB is the lead agency for climate change programs and oversees all air pollution control efforts in California to attain and maintain health-based air quality standards.

SHIFT is an incentive program administered by the California Air Resources Board (CARB) supporting the development and demonstration of advanced, low- and zero-emission technologies for heavy-duty vehicles, off-road equipment, and goods movement. Formerly known as Advanced Technology Demonstration and Pilot Projects, SHIFT investments help accelerate the transition of emerging technologies from pre-commercial demonstration to commercially available options by supporting early deployments and at-scale testing in real-world use. As a part of CARB’s Clean Transportation Incentives, SHIFT projects advance innovative on- and off-road solutions that reduce air pollution, improve public health and support California’s climate and air quality goals.

About California Climate Investments:
California Climate Investments uses billions of Cap-and-Invest dollars to fund projects that reduce harmful emissions, protect public health, strengthen local economies, and support natural environments. With a strong focus on communities most impacted by pollution and limited access to resources, California Climate Investments helps build a more equitable and sustainable future.

About the California Energy Commission (CEC):
The California Energy Commission supports the implementation of the SHIFT projects by contributing from its Emerging Opportunities fund for the purchase and installation of supporting infrastructure and workforce development investments. The California Energy Commission is the state’s primary energy policy and planning agency. It has seven core responsibilities: advancing state energy policy, encouraging energy efficiency, certifying power plants, investing in energy innovation, developing renewable energy, transforming transportation, and preparing for energy emergencies.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pyka-and-foundation-for-california-community-colleges-awarded-carb-and-cec-grant-for-commercial-scale-zero-emission-autonomous-aviation-demonstration-in-california-agriculture-302742397.html

SOURCE Pyka

LONDON, April 15, 2026 /PRNewswire/ — Persistence Market Research, a leading management consulting firm, has released this update on the construction chemicals market. These specialized materials enhance the performance, durability, and sustainability of construction projects across residential, commercial, and infrastructure sectors.

 

Persistence Market Research Logo

 

The global construction chemicals market is growing steadily, expected to be valued at around US$ 61.2 billion in 2026 and projected to reach US$ 89.0 billion by 2033, with a CAGR of 5.5% in the coming years. This expansion is driven by increasing demand for high-performance and sustainable construction materials, alongside rapid urbanization and infrastructure investments worldwide. Construction chemicals such as concrete admixtures, waterproofing systems, sealants, and repair materials play a crucial role in improving structural integrity and extending the lifespan of buildings and infrastructure. Market dynamics reflect strong momentum supported by technological advancements, regulatory push for eco-friendly materials, and rising adoption of modern construction techniques.

Boom in Infrastructure Development and Urbanization

The global surge in infrastructure development and urban expansion is a primary driver of the construction chemicals market. Governments and private investors are allocating substantial funds toward transportation networks, energy systems, water infrastructure, and urban housing to accommodate population growth and economic development. India’s National Infrastructure Pipeline and China’s large-scale urban development initiatives continue to generate strong demand for concrete admixtures, waterproofing chemicals, and repair solutions. These materials are essential for ensuring durability, strength, and resistance to environmental stress in large-scale projects such as highways, bridges, tunnels, and smart cities.

Urban concentration in megacities such as Tokyo, New Delhi, and Shanghai further strengthens the need for high-performance construction chemicals capable of supporting high-rise buildings and complex infrastructure. In 2025, global infrastructure spending trends showed consistent growth, reinforcing demand for specialized construction inputs. Manufacturers are responding by developing innovative formulations that enhance material performance under extreme conditions while reducing maintenance costs. This ongoing construction boom ensures long-term growth opportunities for market players and supports economic development globally.

Download Your Free Sample & Explore Key Insights: https://www.persistencemarketresearch.com/samples/3182

Key Highlights

  • The global construction chemicals market is projected to grow from US$ 61.2 billion in 2026 to US$ 89.0 billion by 2033, registering a CAGR of 5.5%.
  • Asia Pacific leads the market, accounting for nearly 25% share, driven by rapid urbanization and mega infrastructure projects.
  • Middle East & Africa emerges as the fastest-growing region, supported by large-scale investments and urban development initiatives.
  • Waterproofing chemicals dominate product demand, capturing around 21% market share due to their critical role in structural durability.
  • Concrete admixtures are the fastest-growing segment, fueled by demand for high-performance and sustainable construction materials.

Shift toward Sustainable and Green Construction Practices

The transition toward sustainable construction practices is transforming the construction chemicals market. Increasing environmental awareness and stringent regulations are pushing developers to adopt eco-friendly materials that reduce carbon emissions and improve indoor air quality. Green building certifications such as LEED and BREEAM are becoming standard requirements for modern construction projects, driving demand for low-VOC and bio-based construction chemicals. The construction sector accounts for nearly 39% of global carbon emissions, prompting governments and organizations to prioritize energy-efficient and sustainable building solutions. As a result, eco-friendly construction chemicals such as low-emission adhesives, sustainable concrete admixtures, and green waterproofing systems are gaining widespread adoption.

Countries such as South Korea and China are implementing stricter environmental standards to promote green buildings, while Europe and North America continue to enforce regulatory frameworks such as REACH and VOC emission limits. These regulations encourage manufacturers to innovate and develop sustainable product lines. Advancements in green chemistry and material science are enabling the development of high-performance products that meet both environmental and functional requirements. This shift not only enhances market growth but also positions sustainability as a core competitive factor in the industry.

Request Strategic Market Customization: https://www.persistencemarketresearch.com/request-customization/3182

Key Highlight: Strategic Expansion by Saint-Gobain in Construction Chemicals Market (2025)

  • A standout development in 2025 was the expansion of Saint-Gobain through the completed acquisition of Fosroc, a leading player in construction chemicals across Asia and emerging markets. This move significantly strengthens Saint-Gobain’s position in the global construction chemicals sector, enhancing its portfolio with advanced solutions such as admixtures, waterproofing, and repair systems.
  • The deal reinforces Saint-Gobain’s strategic focus on high-growth regions, particularly Asia-Pacific, India, and the Middle East, where Fosroc has an established presence. By integrating Fosroc’s operations, the company expands its geographic footprint and gains access to a strong customer base in infrastructure and commercial construction segments, aligning with broader market growth trends identified in the construction chemicals industry.
  • This expansion addresses increasing demand for high-performance and sustainable construction materials. The construction chemicals market is witnessing growth driven by rising infrastructure development, urbanization, and the need for durable and efficient building solutions. The acquisition enables Saint-Gobain to leverage Fosroc’s expertise to meet these evolving industry requirements and strengthen its competitive positioning.

This development highlights a broader shift in the construction chemicals market toward consolidation and expansion into emerging economies. Companies are increasingly focusing on strengthening capabilities and regional presence to capitalize on growing demand, particularly in infrastructure-driven markets.

Segmentation Insights: Waterproofing Chemicals Lead While Concrete Admixtures Drive Rapid Growth Momentum

Based on product type, waterproofing chemicals are expected to account for nearly 21% of the global construction chemicals market in 2026, supported by their critical role in protecting structures from water ingress and enhancing long-term durability across infrastructure and residential projects. Their widespread use in rooftops, basements, tunnels, and water-retaining structures continues to anchor their dominance. Meanwhile, concrete admixtures are projected to be the fastest-growing segment, creating a significant million-dollar absolute opportunity between 2026 and 2033, driven by rising demand for high-performance and sustainable construction materials. These admixtures improve concrete strength, workability, and lifecycle efficiency, making them essential for modern infrastructure. A key development shaping this segment is the increasing adoption of low-carbon and high-strength admixture formulations, as manufacturers innovate to meet sustainability regulations and green building standards, particularly across North America and Europe.

Regional Insights: Asia Pacific Dominates Market Share While Middle East & Africa Emerges as Fastest-Growing Region

Asia Pacific holds a leading position in the construction chemicals market, accounting for approximately 25% of market share, driven by rapid urbanization and large-scale infrastructure projects. China dominates regional demand due to extensive investments in transportation, smart cities, and renewable energy infrastructure, while India’s growth is fueled by initiatives such as the Smart Cities Mission and increased infrastructure spending. North America follows with steady growth supported by a well-established construction industry and rising adoption of sustainable building practices. In 2025, the total value of construction in the United States reached approximately US$ 2.1 trillion, reflecting strong demand for advanced construction materials.

The Middle East and Africa are emerging as the fastest-growing regions, driven by large-scale infrastructure investments and urban development. Major projects in Saudi Arabia, including Vision 2030 initiatives such as NEOM and The Line, are significantly boosting demand for construction chemicals. Europe maintains stable growth supported by stringent environmental regulations and strong demand for energy-efficient buildings. Across regions, supply chains are evolving, with increasing localization of production to reduce costs and improve efficiency. These regional dynamics highlight diverse growth opportunities and the importance of strategic market positioning.

Buy Now the Detailed Report: https://www.persistencemarketresearch.com/checkout/3182

Market Segmentation

By Product Type

  • Concrete Admixture
    • Plasticizer (lingo, SNF, PCE)
    • Accelerator
    • Retarder
    • Air Enterainer
  • Water Proofing Chemicals
    • Bitumen
    • PVC
    • EPDM
    • TPO
    • PTFE
    • Silicone
    • Acrylic polymer
    • SBR – Styrene-butadiene
    • Cementitious Membrane
    • PU membrane – Liquid applied membrane
    • Crystalline
    • Additives in water proofing
  • Protective Coating
    • Epoxy
    • Polyurethane
    • Acrylic
    • Alkyd
    • Polyester
    • Others
  • Adhesives & Sealants
  • Adhesives
      • Tile Adhesive
        • Cemintitous
        • Epoxy
      • Tile Adhesive
        • Cementitous
        • Epoxy
  • Sealants
    • Silicone
    • MS Hybrid
    • PU
    • Weatherproof Silicone
    • Polysulfide
  • Concrete Repair Mortar
    • Cement based
    • Epoxy based
    • Micro concrete
  • Plaster
    • Cement Based
    • Gypsum Based
  • Asphalt Additives

By Application

  • Commercial
  • Residential
  • Industrial
  • Institutional
  • Infrastructure

By Region

  • North America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Latin America
  • Middle East and Africa

Key Players and Business Strategies

Leading players include Sika AG, Saint-Gobain, Mapei S.p.A., 3M Company, and Pidilite Industries.

  • Sika AG focuses on expanding its global footprint through acquisitions and advanced product innovations targeting high-performance construction solutions.
  • Saint-Gobain emphasizes sustainability and strategic acquisitions to strengthen its eco-friendly product portfolio.
  • Mapei invests in R&D to develop durable and environmentally compliant construction chemicals for diverse applications.
  • 3M Company leverages material science expertise to introduce innovative bonding and sealing solutions.
  • Pidilite Industries expands its presence in emerging markets through localized manufacturing and strong distribution networks.

Strategies across the market emphasize sustainability, product innovation, regional expansion, and digital integration. Companies are increasingly focusing on developing eco-friendly solutions, enhancing performance characteristics, and forming strategic partnerships to maintain competitive advantage.

Get More Insights — Specialty & Fine Chemicals Market Reports:

Specialty Chemicals Market by Product Type (Agrochemicals, Dyes and Pigments, Construction Chemicals, Specialty Polymers, Textile Chemicals, Base Ingredients, Surfactants, Functional Ingredients, Water Treatment, Others), Application (Institutional & Industrial Cleaners, Rubber Processing Chemicals, Construction Chemicals, Food & Feed Additives, Cosmetic Chemicals, Oilfield Chemicals), and Regional Analysis for 2025 – 2032

Cement Additives Market by Additives Type (Chemical, Mineral, Fiber), Function (Water Reducers, Coloring Agents, Retarding Agents, Chemical Resistance, Plasticizers, Others), and Regional Analysis for 2025 – 2032

Building & Construction Sealants Market by Resin Type (Silicone, Polysulfide, Polyurethane, Emulsion, Plastisol, and Butyl-based), Technology (Reactive, Water-based, Solvent-based, and Others), Function (Bonding, Protection, Insulation, Glazing & Seal, and Others), Application, End-user, and Regional Analysis for 2026 – 2033

Wood Preservative Chemicals and Coatings Active Ingredients Market by Active Ingredient Type (Organic, Inorganic, Other), Use Class (UC 1/2 – Indoor, UC 3 – Outdoor, UC 4 – Outdoor with Ground Contact, UC 5 – Marine), and Regional Analysis for 2026 – 2033

Concrete Admixtures Market by Product (Water-Reducing Agents, Accelerators and Retarders, Waterproofing, And Air-Entraining), Application (Residential, Infrastructure, Commercial, And Industrial), Form (Liquid and Powder), Regional Analysis for 2025 – 2032.

Polymer Concrete Market by Material Type (Polyester, Vinyl Ester, Epoxy-based, Other), Binding Agent (Natural Resin, Synthetic Resin), Application (Flooring Blocks, Containments, Pump Bases, Waste Containers, Other), Industry (Industrial, Residential, Infrastructure, Commercial), and Regional Analysis for 2025 – 2032

Sustainable Construction Market by Product Type (Interior, Exterior), Material (Green Building, Energy Efficient, Recycled, Others), End-User (Residential, Commercial, Infrastructure), and Regional Analysis for 2026-2033.

Wetting Additives Market by Product Type (For Solvent-Based Media, For Water-Based Media), Application (Paints & Coatings, Printing Inks, Adhesives & Sealants, Textiles, Plastics & Films), and Regional Analysis for 2026 – 2033

Precast Construction Market by Structure Type (Beam and Column, Floor and Roof, Bearing Wall), Construction (Modular, Residential Homes, Manufactured Homes), End-user (Residential, Industrial, Commercial), and Regional Analysis for 2026 – 2033

Construction Aggregates Market by Product Type (Crushed Stone Manufactured Sand, Natural Sand, Gravel, Recycled Aggregate, and Others), Application (Commercial, Residential, Industrial, and Infrastructures), and Regional Analysis for 2026 – 2033

About Persistence Market Research:

At Persistence Market Research, we are pioneers in Market Research and Consulting, bringing you the most dynamic insights into market trends, consumer behaviours, and competitive intelligence! For over a decade, we’ve been at the forefront of delivering game-changing analytics and research that drive businesses toward growth.

Our extensive market report database is a go-to resource for Fortune 500 companies, savvy business investors, media and entertainment channels, and academic institutions, empowering them to navigate the global and regional business landscape with confidence. With thousands of statistics and in-depth analyses covering over 20 diverse industries across 25 major countries, we provide the insights you need to succeed in today’s competitive environment.

Contact
Ritika Khandelwal
Persistence Market Research
Second Floor, 150 Fleet Street, London, EC4A 2DQ
+44 203-837-5656
United Kingdom
USA Phone – +1 646-878-6329
Email: sales@persistencemarketresearch.com

Logo – https://mma.prnewswire.com/media/2876873/Persistence_Market_Research_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/construction-chemicals-market-to-reach-us-89-0-billion-by-2033-expands-amid-infrastructure-growth-and-sustainable-innovation-302743359.html

SOURCE Persistence Market Research Pvt. Ltd.

Veteran Department of Energy Deputy and former GE Vernova leader join nationally strategic energy platform as company advances toward commercial-scale operations.

DALLAS, April 15, 2026 /PRNewswire/ — T5 Smackover Partners, a subsidiary of T5 Holdings, LP, is a Texas-based energy company advancing the potential of the East Texas Smackover region. The company today announced that Cole Fisher has been named President, and that Robert H. Edwards, Jr. has been appointed to the company’s Strategic Advisory Board.

The appointments represent a decisive step in T5 Smackover’s institutional maturation as the company moves toward commercial-scale development of its Smackover Formation project in East Texas. The company is backed by a resource report prepared by W.D. Von Gonten Engineering, one of the nation’s leading petroleum engineering and reservoir characterization firms.

“Our Geothermal strategy can deliver gigawatt-hours of baseload battery capacity throughout the state of Texas and that’s before you get to our critical mineral potential. This resource will be producing this year, not in ten years. That’s why you need innovators. Cole advanced global low-carbon solutions at GE Vernova. Rob negotiated the $465 million DOE loan that funded Tesla‘s assembly line while serving as Deputy General Counsel at the DOE. When the opportunity is this real, these are the people you want in the room.” said Bruce Thompson, CEO and Founder of T5 Smackover Partners.

Robert H. Edwards, Jr. — Strategic Advisory Board

Managing Director, Hamilton Clark Sustainable Capital | Former Deputy General Counsel for Energy Policy, U.S. Department of Energy

Rob Edwards is a senior energy executive with more than 30 years of experience across the U.S. electric sector, critical minerals, energy storage, and adjacent industries. Over the course of his career, he has closed more than $25 billion in energy and auto project financings and M&A transactions spanning domestic power markets, renewable energy, energy infrastructure, and electric vehicles.

Edwards brings to T5 Smackover Partners a rare depth of investment banking and legal experience in the development, construction, and operation of energy projects, alongside direct knowledge of U.S. government financing and grant programs across the Department of Energy, EXIM, and the Development Finance Corporation.

He began his career as a project finance lawyer, spending 13 years at Hunton & Williams where he became an equity partner advising major utilities on the development, financing, and construction of power plants and M&A transactions across the United States and Mexico. He later served as a Senior Presidential Appointee at the U.S. Department of Energy as Deputy General Counsel for Energy Policy, where he negotiated the landmark $465 million DOE ATVM loan closed in 2010 that funded Tesla‘s Model S assembly line.

Edwards also served on JPMorgan Chase‘s Global Commodities Group structured finance team in New York, advising on complex energy commodity transactions across the power, natural gas, and clean technology sectors. In 2021, he returned to the DOE as the first Director of the Outreach and Business Development Division of the Office of Energy Dominance Financing.

Today, Edwards serves as Managing Director at Hamilton Clark Sustainable Capital, a FINRA-member investment bank focused on energy transition financing, and as Vice Chairman of the Board of Directors of the Maryland Clean Energy Center, confirmed by the Maryland State Senate. A Life Member of the Council on Foreign Relations, Edwards holds a joint JD/MBA from Stanford Law School and the Stanford Graduate School of Business, and an AB magna cum laude in Economics from Harvard University.

Cole Fisher — President and Co-Founder

Cole Fisher brings deep energy transition and institutional markets experience to T5 Smackover Partners, where he leads the company’s strategic direction, capital formation, and commercial development as President.

Prior to T5, Fisher served as Global Director of Decarbonization Business Development at GE Vernova, one of the world’s largest energy technology companies, where he led global commercial initiatives and decarbonization strategy.

Earlier in his career, Fisher held institutional business development and corporate development roles at ESG Book, an Energy Impact Partners portfolio company, Voya Financial, and Dimensional Fund Advisors, building experience across energy, institutional investing, and growth markets. Fisher holds a BA from Trinity College, CT and an MBA from Rice University.

“What we’ve proven in the Smackover Formation is extremely compelling,” said Fisher. “We believe it can play a meaningful role in strengthening America’s energy independence. Our focus right now is on bringing together the right people, partners, and capital to develop it at the scale it deserves.”

About T5 Smackover Partners

T5 Smackover Partners, a subsidiary of T5 Holdings, LP, is a nationally strategic, Texas-based energy company developing the Smackover Formation of East Texas. Positioning the region as one of the most compelling domestic opportunities for geothermal energy and critical minerals in decades.

T5 Smackover Partners is headquartered in Dallas, TX.

T5 Smackover Partners, LLC
A subsidiary of T5 Holdings, LP
Dallas, TX 75201
info@T5Smackover.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/t5-smackover-partners-appoints-financier-former-doe-senior-presidential-appointee-robert-h-edwards-jr-to-strategic-advisory-board-names-cole-fisher-as-president-302742816.html

SOURCE T5 Smackover Partners

DENVER, April 15, 2026 /PRNewswire/ — If you’ve been told you have a herniated disc, you probably have also been told you need a spinal fusion, which up to recently has been the traditional treatment for herniated discs in the neck. However, that advice for a spinal fusion in the neck no longer applies, according to Sanjay Jatana, MD, a fellowship-trained cervical spine surgeon in Denver, who is featured in the national website CentersForArtificialDisc.com.

“The most current spine research from the North American Spine Society has shown that artificial disc replacement can reduce the rate of next level degeneration in the neck,” explains Dr. Jatana. “With spinal fusion, you are locking two vertebrae together. Fusion unfortunately puts extra stress on the discs above and below. The result can be a second herniated disc caused by spinal fusion. With an artificial disc, you are preserving the rotation of the neck which lessens the risk to other disc levels. This is especially important in the neck as you only have six disc levels to maintain needed rotation.”

“There is a lot of bias out there related to the treatment options for herniated discs,” explains Dr. Maahir Haque, a fellowship-trained spine surgeon at Spine Group Orlando in Orlando, Florida one of few spine surgeons in the nation who does both lumbar and cervical disc replacement. “Patients often do not know that they are candidates for motion-preserving disc replacements. It can be hard for the back or neck pain sufferer to learn the most current and advanced treatment options.”

Those with back and neck problems can download a free 20-page Patient Guide at CentersforArtificialDisc.com that shows the pros and cons of artificial disc replacement and the emergency symptoms for when to see a doctor for herniated disc symptoms to prevent permanent and lifelong weakness or numbness in a hand or foot.

Artificial disc surgery — also referred to as motion preservation surgery — has rapidly evolved with new implants designed to replicate the rotation and shock absorption function of the healthy disc. “The FDA now has more than 10 artificial discs approved for use in the neck,” notes Dr. James Lynch, a fellowship-trained spine surgeon at The Swift Institute, the largest spine and orthopedic center in the State of Nevada. “Not everyone qualifies for an artificial disc. But each year there are newer discs coming out that preserve the natural rotation of the spine and lowers the risk of other disc herniations.’

Recognizing that some spine surgeons bias the information in their web sites to their own capabilities, CentersforArtificialDisc.com was created to provide an unbiased source of information to patients. The Patient Guide PDF can be downloaded free at CentersforArtificialDisc.com.

Media Contact:
Bob Reznik
817-481-2450
412048@email4pr.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/centersforartificialdisccom-provides-free-patient-guide-on-when-to-consider-artificial-disc-replacement-in-2026-302742371.html

SOURCE CentersforArtificialDisc.com

President’s Budget requested significant FDA funding increases, signaling growing support for Else’s next-generation plant-based infant formula

Builds Upon FY26 Congressional Appropriations Directive Report Language to Implement and Modernize Guidance for Plant-Based, Non-Soy, Non-Dairy Infant Formulas

VANCOUVER, BC, April 15, 2026 /PRNewswire/ – ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) (“Else” or the “Company”), a pioneer in whole-food plant-based, non-soy, non-dairy nutrition for early childhood and adult nutrition, today commended recent actions by the Trump Administration and the U.S. Food and Drug Administration (FDA) that signal increasing support for innovation and modernization within the infant formula market.

The President’s Budget request for Fiscal Year 2027 reinforces funding for infant formula modernization through the FDA’s Human Foods Program, including a proposed increase of approximately $108.5 million compared to the FY2026 enacted level. This requested increase, which was announced in early April 2026, identifies infant formula regulation as a key investment area within this program, reflecting growing institutional prioritization.

Else believes this increased funding will expand FDA resources—including dedicated infant formula personnel, expertise, and research capabilities—to help advance modernization efforts such as finalizing Protein Efficiency Ratio (PER) guidance and clinical validation pathways, while enabling broader investments to strengthen the nation’s infant formula supply. This intention coincides with the FY26 Congressional appropriations directive report language, which encourages the FDA to implement and modernize guidance for plant-based, non-soy, non-dairy infant formulas; an area where Else is uniquely positioned as a pioneer.

Further supporting this momentum, infant formula has also been included among the FDA Human Foods Program’s Priority Deliverables for 2026, demonstrating increased regulatory attention and potential pathway clarity for next-generation formulations. In addition, the FDA recently indicated that updated regulatory guidance on Protein Efficiency Ratios (PER) is expected to be finalized in 2026. While final guidance has not yet been released, the agency’s decision to revisit PER standards represents an encouraging step toward enabling broader innovation and modernization across the category, particularly for alternative protein sources.

“We are highly encouraged by the Administration’s continued focus on modernizing the regulatory framework for infant formula and advancing innovation in this critical category, as part of Operation Stork Speed,” said Hamutal Yitzhak, Chief Executive Officer and Co-Founder of Else Nutrition. “These developments reflect a growing recognition of the need for more diverse, high-quality nutritional options, including plant-based alternatives. As a company dedicated to redefining infant and children’s nutrition, we believe these efforts will help create a more supportive environment for innovation and ultimately expand access to safe, nutritious choices for families.”

Else believes that the evolving regulatory landscape, including initiatives such as Operation Stork Speed and increased FDA prioritization, has the potential to unlock new opportunities across the infant nutrition market. The Company continues to monitor these developments closely and remains engaged in supporting regulatory progress that aligns with its mission to deliver clean, sustainable, and nutritionally complete products.

Else expects to provide further updates as these regulatory initiatives continue to evolve.

About Else Nutrition Holdings Inc.

Else Nutrition Holdings Inc. (TSX: BABY, OTCQX: BABYF, FSE: 0YL) is a food and nutrition company in the international expansion stage focused on developing innovative, clean, and Plant-Based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, Plant-Based, non-soy formula is a clean-ingredient alternative to dairy-based formulas. Since launching its Plant-Based Complete Nutrition for Toddlers, made of whole foods, almonds, buckwheat, and tapioca, the brand has received thousands of powerful testimonials and reviews from parents, gained national retailer support, and achieved rapid sales growth.

Awards and Recognition:

  • “2017 Best Health and Diet Solutions” award at Milan’s Global Food Innovation Summit
  • #1 Best Seller on Amazon in the Fall of 2020 in the New Baby & Toddler Formula Category
  • “Best Dairy Alternative” Award 2021 at World Plant-Based Expo
  • Nexty Award Finalist at Expo West 2022 in the Plant-Based lifestyle category
  • During September 2022, Else Super Cereal reached the #1 Best Seller in Baby Cereal across all brands on Amazon

TSX

Neither the TSX nor its regulation services provider (as that term is defined in the policies of the TSX) accept responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This press release contains statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “will” or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the company’s financial disclosure documents. Such forward-looking statements reflect current estimates, beliefs, and assumptions, which are based on management’s perception of current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that there will be no interruptions or supply chain failures as a result of COVID-19 and that the manufacturing, broker, and supply logistic agreement with the company does not terminate. Actual results may differ from the estimates, beliefs, and assumptions expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s expectations only as of the date of this press release. The company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/else-nutrition-commends-trump-administrations-expanded-commitment-to-bolstering-infant-formulas-regulation-in-fy2027-302742255.html

SOURCE Else Nutrition Holdings Inc.

Partnership to further accelerate Infosys’ role as the AI-powered transformation partner of global champions in tennis, and beyond

BENGALURU, India and EL PALMAR, Spain, April 15, 2026 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, today announced a multi-year partnership with the youngest athlete ever to achieve the World No. 1 ranking in men’s tennis Carlos Alcaraz, welcoming him as its Global Brand Ambassador. The collaboration is a true convergence of excellence – the relentlessness and grit of a champion combined with the consistency and AI-powered innovation of an enterprise technology leader – celebrating the champion mindset across tennis and global businesses.

Carlos Alcaraz is a champion athlete, recognized not only for his seven Grand Slam titles but also for being the youngest man in history to complete a career Grand Slam. More importantly, he is a sportsperson recognized for his relentless drive, pursuit of excellence, consistency, and integrity. These are the values that guide Infosys – responsible leadership and excellence in innovation to amplify human potential and power global enterprises.

In an era where the difference between a champion and the next best is separated by a small margin, tennis is a perfect embodiment of that fierce competitiveness where data and insight-driven expertise can tilt that margin favorably. Leveraging Infosys Topaz, an AI-first offering powered by generative and agentic AI technologies, Infosys will now work with Alcaraz and his coaching team to develop an AI-powered match analytics and a personalized performance application to aid match preparation and in-game strategy.

Beyond the court, the partnership also extends to joint initiatives between Infosys and the Carlos Alcaraz Foundation. Together, they will leverage technology to drive social impact, focusing on tech-for-good initiatives.

This partnership builds on Infosys’ decade-long commitment to transforming tennis through AI and digital innovation. Over the last decade, Infosys has propelled tennis to the cutting edge of technological excellence. Its tennis platform has democratized insights powered game strategy for the leading players across the tennis ecosystem while reimagining experience for billions of global fans. Partnering with Alcaraz marks the next chapter in Infosys’ mission to elevate tennis through AI and extend its impact across the sport’s global community.

Carlos Alcaraz said, “I’m honored to partner with Infosys; a company I’ve followed closely and admired for how it is transforming tennis through technology. Innovations delivered by them are elevating the sport for everyone – players, coaches, and fans alike. At the highest level, it’s often the small details that make the biggest difference. I’m always looking for new ways to improve, and working with Infosys will give me the opportunity to leverage data and AI to gain deeper insights into my game and push my performance to new heights. Beyond the court, I’m also excited to collaborate with Infosys through my foundation, leveraging technology to make a meaningful impact in communities around the world.”

Sumit Virmani, Global Chief Marketing Officer, Infosys, said, “We are delighted to welcome Carlos Alcaraz as our Global Brand Ambassador. Carlos embodies the spirit of a new generation that is fearless, agile, and driven to push boundaries in pursuit of excellence. At Infosys, we share this passion for innovation and progress, using technology to amplify human potential, and helping our clients achieve extraordinary outcomes. Together with Carlos, we look forward to redefining performance in tennis and inspiring progress both on and off the court.”

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 330,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in 63 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Video: https://mma.prnewswire.com/media/2956920/Carlos_Alcaraz_Infosys.mp4
Logo: https://mma.prnewswire.com/media/633365/5460444/Infosys_Logo.jpg

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/7-time-grand-slam-champion-carlos-alcaraz-is-infosys-global-brand-ambassador-302743086.html

SOURCE Infosys

SÃO PAULO, April 14, 2026 /PRNewswire/ — Aegea Saneamento closed 2025 once again consolidating its growth trajectory. The Company reported pro forma net revenue of R$ 18.3 billion, a 21% increase compared to the previous year, reflecting the strengthening of its operations and expansion across different regions of Brazil.

Aegea is currently the leading private sanitation company in Brazil, operating in 15 states, 893 cities, and serving more than 39 million people. In recent years, the Company has evolved from a regional player into one of the main infrastructure investment platforms in Brazil, with a strong track record in growth and execution sanitation projects.

This context of strong growth and increasing complexity required improvements in processes and financial information. The Company conducted, together with auditors, an in-depth technical review, including the reprocessing of prior periods. The financial statements were issued with an unqualified opinion, with no impact on liquidity or covenants compliance.

The Company’s performance follows the consistent evolution of its operations, with growth in the number of customers served, the start of new concessions, and efficiency gains. In the period, pro forma EBITDA reached R$ 10.3 billion, up 24%, and Operating Cash Flow grew 45%, reaching R$ 6.7 billion.

Throughout 2025, Aegea invested R$ 8.6 billion, of which R$ 7.3 billion was allocated to infrastructure expansion and modernization. Investments were primarily directed toward expanding access to water and sewage services, contributing to bringing sanitation to millions of people and advancing the challenge of universalization in Brazil.

This growth was also driven by the start of five new operations, including relevant projects such as Águas do Piauí, Águas do Pará, and PPP Ambiental Paraná 2.

On the financial front, the Company raised approximately R$ 22.3 billion throughout 2025, strengthening its capital structure and creating conditions to sustain growth in the coming years. A significant portion of these resources was allocated to debt management, extending maturities and reducing costs.

Aegea’s growth is supported by a combination of financial discipline, access to diversified funding sources, and operational efficiency. The Company also advanced in governance and access to capital markets, with the conversion of its registration to category “A” at the CVM, increasing flexibility for future fundraising.

According to André Pires, CFO of Aegea, “This performance reflects the maturity of our portfolio and the consistent value generation of our assets, considering the lower per capita concession fees paid in auctions with higher efficiency margins of the sector, with a 45% increase in operating cash generation in 2025, reaching R$ 6.7 billion.”

With a consistent trajectory and robust investments, Aegea reinforces its position as a key player in Brazilian sanitation and advances toward universalization, combining solidity, responsible investments, and social impact.

About Aegea

Aegea operates through sanitation assets across all regions of Brazil. With sustainable growth, the Company has expanded from six municipalities served in 2010 to more than 890 in 2025, across 15 states, benefiting more than 39 million people. The Company’s leadership position and evolution are the result of its business model, based on efficiency and operational expertise, financial discipline, and alignment with ESG principles. For more information, visit: http://www.aegea.com.br/en

Cision View original content:https://www.prnewswire.com/news-releases/aegea-maintains-sustainable-growth-with-pro-forma-net-revenue-of-r-18-billion-a-21-increase-compared-to-2024-302742382.html

SOURCE Aegea Saneamento

HANNOVER, Germany, April 15, 2026 /PRNewswire/ — Delta, a global leader in power management and smart green solutions, will showcase its latest solutions for AI-driven manufacturing and digital twins, industrial power, clean mobility, and sustainable energy at Hannover Messe2026 (Hall 13, Stand C02). Under the theme “Delta Sustainable Factory,” the Company will demonstrate how the integration of smart automation, digital twin technology, and high-efficiency power solutions helps enable intelligent manufacturing, electrified mobility, and energy-efficient industrial operations. Key highlights include a live AI-enabled production demonstration, the launch of the new Chameleon Series industrial power supplies, and the C-Series All-In-One Energy Storage Solution.

Intelligent Automation, Seamless Integration

A key highlight of Delta’s Smart Factory is the cyber-physical integrated demonstration that seamlessly integrates advanced PCB insertion systems. Another featured showcase on efficient, flexible production is the innovative collaborative robot applications, including an advanced palletizing system powered by the DC16 cobot for seamless end-of-line automation. Furthermore, the exhibition will feature the Compact Multi-Drive MX300 Series. Designed to deliver greater flexibility and space efficiency in modern facilities, its modular multi-axis architecture allows users to perfectly configure drive setups according to specific application requirements.

Launch of Chameleon Series Industrial Power Supplies

Delta will officially introduce the Chameleon Series, a rugged industrial AC/DC power supply with rated output voltage of 48V designed for reliable performance in demanding environments.

With high power density and fan-less operation, the Chameleon platform is engineered for industrial applications exposed to dust, humidity, and other adverse conditions. The 1,000 W power supply delivers efficiency of up to 95% and operates across a wide temperature range from –40 °C to +85 °C, ensuring stable power delivery in challenging industrial conditions. The platform also supports digital output adjustment, PMBus communication, and integrated status signaling, enabling seamless system integration and advanced monitoring capabilities while supporting predictive maintenance strategies.

Charging-Centric and Energy Infrastructure Solutions for Commercial & Industrial Applications

In the energy infrastructure segment, Delta will showcase its charging-centric clean mobility and energy infrastructure solutions, combining EV charging, energy storage and energy management system to support scalable and efficient charging infrastructure for commercial and industrial applications.

The portfolio includes high-power EV charging systems such as the UFC 500 DC fast charger. Built for heavy-duty charging and fleet operations, the UFC 500 combines high throughput with ultra-fast performance. It is complemented by the C-Series All-In-One Energy Storage Solution, it effectively meets high-power commercial demands even in grid-constrained environments.

The C-Series integrates battery packs, a Power Conditioning System (PCS), a liquid cooling system and a unit controller within a single cabinet, offering 125 kW / 261 kWh capacity with only 1.42 m2 footprint. The system supports MW-scale deployments with a modular design that ensures ease of transportation and installation. In combination with Delta’s energy management capabilities, the solutions support applications such as peak shaving, load balancing and energy shifting, enabling charging operators to improve infrastructure utilization and maintain power stability.

Enabling Intelligent and Sustainable Industries

Through its exhibition across Smart Manufacturing, Clean Mobility and Sustainable Energy, Delta demonstrates how intelligent automation, advanced power electronics and smart mobility solutions can be seamlessly integrated to address the dual challenges of digitalization and decarbonization. From AI-enabled robotics and digital twin-driven production optimization to modular industrial power systems, energy storage solutions, and high-power EV charging infrastructure, Delta presents a comprehensive portfolio designed to support resilient, energy-efficient and future-ready industrial operations worldwide.

By combining advanced manufacturing technologies with energy-efficient power solutions, electrified intralogistics infrastructure, and smart mobility systems, Delta continues to support industries in accelerating digital transformation while advancing the global transition toward sustainable energy systems.

Delta will exhibit at Hannover Messe 2026 from 20 to 24 April in Hall 13, Stand C02.

For more information, please visit: https://www.delta-emea.com/en-GB/landing/hannover-Messe-2026

About Delta

Delta is a leading global supplier of switched-mode power supplies and thermal management products. Founded in 1971, Delta is listed on the Taiwan Stock Exchange under stock code 2308. Delta offers an extensive portfolio of IoT-based intelligent energy-saving systems and solutions in industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage, and displays. The company’s goal is to promote sustainable cities and smart production.

As a globally respected company with a mission to “provide innovative, clean and energy-efficient solutions for a better tomorrow”, Delta leverages its core expertise in high-efficiency power electronics and its ESG (environmental, social, governance) integrated business model to address key environmental issues such as climate change. Delta serves its customers through its sales offices, R&D centers, and manufacturing facilities in nearly 200 locations on 5 continents.

Throughout its history, Delta has received various global awards and recognitions for economic achievement, innovative technologies and ESG commitment. Since 2011, Delta has been listed in the Dow Jones Best-in-Class World Index (formerly DJSI World Index of Dow Jones Sustainability™ Indices) for 14 consecutive years. Delta has also won the CDP with a double A list three times for its significant contribution to climate change and water security and has been recognized as a Supplier Engagement Leader for eight consecutive years for the continuous development of a sustainable value chain.

For more information about Delta, please visit: www.delta-emea.com

Photo – https://mma.prnewswire.com/media/2956288/Delta_Electronics.jpg
Logo – https://mma.prnewswire.com/media/2727090/5915921/Delta_Electronics_logo.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-to-showcase-ai-driven-smart-manufacturing-advanced-ev-charging-and-industrial-power-solutions-at-hannover-messe-2026-302742323.html

SOURCE Delta Electronics

HONG KONG and SHANGHAI, April 15, 2026 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or “the Group”; HKEX: 2318/82318; SSE: 601318) is pleased to announce that its subsidiary, Ping An Bank Co., Ltd. (“Ping An Bank” or “the Bank”; SZSE: 000001), has been upgraded to AAA, the highest rating, in the latest MSCI ESG Ratings.

This marks the fifth consecutive year that Ping An Bank has achieved an upgrade, bringing its rating from BBB to AAA. This achievement underscores the effective execution of the Group’s ESG strategy and its commitment to sustainable development of its subsidiaries.

Ping An continues to advance its core “integrated finance + health and senior care” strategy while enhancing a structured and consistently applied ESG governance framework across the Group. According to the MSCI ESG Ratings report, Ping An Bank delivered strong performance across multiple key issues, including Consumer Financial Protection, Financing Environmental Impact, Human Capital Development, Privacy & Data Security, and Access to Finance, achieving scores materially above the industry average.

Supporting Financial Accessibility and Consumer Protection

In “Access to Finance,” Ping An Bank achieved a score of 6.3, compared with an industry average of 3.8, reflecting its ongoing efforts to support small-and-medium sized enterprises and improve their access to financial services.

In “Consumer Financial Protection,” the Bank also recorded a score of 6.3. In 2025, customer complaint volumes declined by 10.43% year-on-year, while the Bank reported a Net Promoter Score of 91.0%, reflecting continued improvements in customer service management.

Advancing Green Finance and Environmental Risk Management

In “Financing Environmental Impact,” Ping An Bank recorded a score of 6.4, compared with an industry average of 3.9. As of 31 December 2025, the Bank’s green loan balance reached approximately RMB 266.4 billion, representing a year-on-year increase of 12.2% and supporting the transition to a low-carbon economy.

Fostering Talent Development and Workplace Inclusivity

In “Human Capital Development,” Ping An Bank achieved a score of 6.3, compared with an industry average of 5.2. MSCI cited the Bank’s regular performance appraisal and feedback processes, its variable performance-based component to pay, and the frequency of employee satisfaction surveys as contributing factors to its assessment.

Strengthening Data Security and Safeguarding Governance Practices

In “Privacy & Data Security,” a key area of focus across the global financial sector, Ping An Bank recorded scores materially above industry averages. The Bank achieved full scores of 10.0 in both its data protection programs covering suppliers and business partners and the scope of employee training on privacy and data security.

The Bank also recorded a score of 6.7 in “Corporate Behavior,” reflecting performance above the industry average.

Outlook

Ping An is encouraged by Ping An Bank’s MSCI ESG Ratings upgrade. The Group will remain customer-centric and continue to deepen its sustainable finance strategy through innovation, while further strengthening its governance and risk management framework. It will also continue to support the low carbon transition and social inclusion, creating long-term and sustainable value for customers, employees, shareholders, and society.

Ping An Bank stated that this upgrade represents important recognition from international capital markets of its long-term commitment to high quality and sustainable development. The Bank will continue to strengthen its ESG management framework and deliver high quality financial services that support coordinated economic, social, and environmental development.

About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-enabled “integrated finance + health and senior care” dual-pronged strategy, the Group provides professional “financial advisory, family doctor, and senior care concierge” services to its over 250 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses’ quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2025, Ping An had more than RMB13 trillion in total assets. The Group ranked 27th in the Forbes Global 2000 list in 2025, 47th in the Fortune Global 500 list in 2025, and ranked AAA in MSCI ESG Ratings in 2025.

For more information, please visit the www.group.pingan.com and follow our LinkedIn page – PING AN.

Cision View original content:https://www.prnewswire.com/news-releases/ping-an-bank-upgraded-to-aaa-in-msci-esg-ratings-ranking-among-the-leading-global-banks-302742822.html

SOURCE Ping An Insurance (Group) Company of China, Ltd.

A new approach to battery manufacturing, enabling in-house separator production and reduced supply chain dependence

MELBOURNE, Australia, April 15, 2026 /PRNewswire/ — Voltavate has been awarded $3.55 million in grant funding from the Australian Renewable Energy Agency (ARENA) to advance a new approach to battery manufacturing and accelerate its transition from laboratory development into pilot-scale production.

Backed by the Australian Government through ARENA’s Advancing Renewables Program, the project will establish pilot-scale manufacturing and integrate Voltavate’s separator technology into battery cells for independent performance and safety testing under real-world conditions.

As global battery demand accelerates, manufacturers face increasing pressure to scale production while maintaining performance, cost, and supply chain resilience. Existing separator supply chains remain highly concentrated, limiting flexibility and control.

Voltavate is addressing this challenge through a separator manufacturing platform designed to integrate directly into battery production lines. This drop-in approach enables battery manufacturers to produce their own separators in-house—similar to how electrodes are manufactured—allowing them to tailor separator properties to their specific cell designs while reducing dependence on third-party suppliers with limited flexibility.

The underlying separator technology is designed to improve battery performance, including energy density and lifespan, while the platform enables more efficient and scalable production.

“This project marks a critical step in moving from lab-scale development into real manufacturing environments,” said Amir Hooshang Taheri, CEO and Co-founder of Voltavate.

“We’re focused on improving how batteries are made—reducing production waste, enabling scalable manufacturing, and giving manufacturers more control over a key component of the battery.”

Darren Miller, CEO at ARENA, said: “This project demonstrates how Australia can play a stronger role in the global battery value chain by supporting the development of advanced manufacturing capabilities for clean energy technologies.

ARENA’s support helps accelerate the transition from innovation to real-world deployment, strengthening local capability while contributing to more resilient and scalable battery manufacturing globally.”

Through the project, Voltavate will scale production, integrate its materials into battery cells, and generate validated prototype cells for customer evaluation, supporting its pathway toward commercial deployment.

Voltavate is positioning itself as an enabler of next-generation battery manufacturing, supporting industry partners in improving performance, reducing waste, and scaling production more effectively.

Media Contact
hello@voltavate.com
www.voltavate.com
Melbourne, VIC, Australia

Read the full release: https://www.voltavate.com/news/voltavate-arena 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/voltavates-manufacturing-breakthrough-gains-arena-backing-to-transform-battery-production-at-scale-302742639.html

SOURCE Voltavate Pty Ltd