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AI Data Center Strategy Drives PowerBank’s Corporate Rebrand

PR Newswire

Strategic Rebranding Highlights the Company’s New Business Vertical

TORONTO, June 4, 2026 /PRNewswire/ – PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) (“PowerBank” or the “Company”), a leader in independent energy development and asset ownership in North America, today announced the launch of its refreshed corporate website at www.powerbankcorp.com and the change of its trading symbols on the NASDAQ and Cboe Canada Exchange to “PBK”. These rebranding efforts reflect the Company’s expanded strategic vision as AI compute infrastructure and modular data centers emerge as a key pillar alongside its core renewable energy development and Independent Power Producer (“IPP”) platform.

The refreshed website presents PowerBank as a North American power company positioned at the intersection of power generation and next-generation digital infrastructure. This articulates the Company’s view that its portfolio of solar and Battery Energy Storage System (“BESS”) sites across Canada and the United States represents a strategic asset base with the potential to co-locate and power distributed AI compute infrastructure.

The rebranding also includes the official change of the Company’s ticker symbol from “SUUN” on the NASDAQ and “SUNN” on Cboe Canada Exchange to “PBK” on both exchanges. This change was previously announced here, and conveys that PowerBank’s business has expanded beyond solar PV and battery storage to include the new strategic focus on providing solutions for AI compute infrastructure and modular data centers.

The rebranding follows the Company’s recent announcement of the core strategic growth vertical, and the announcement of a Letter of Intent (“LOI”) with Nodiac Corp. with plans to leverage PowerBank’s portfolio of solar and BESS sites for the deployment of distributed AI compute infrastructure, and reflects management’s view that the convergence of renewable energy and AI infrastructure represents a significant and durable opportunity.

Dr. Richard Lu, CEO of PowerBank, commented: “Our new corporate brand tells the full story of what PowerBank is building. Our team now works at the convergence of energy and digital infrastructure. The same assets we develop, own, and operate to generate renewable electricity are increasingly valuable as the foundation for distributed AI compute. As demand for power-secure, lower-cost AI infrastructure grows, our pipeline of over one gigawatt of solar and storage projects positions us uniquely to serve that market. This rebranding is a signal to our partners, customers, and investors that we see this as a defining opportunity for the Company.”

About the Strategic Direction

PowerBank’s existing development pipeline totals at over 1 GW across solar energy projects and battery storage, with projects spanning New York, Ontario, Nova Scotia, Pennsylvania, and other North American markets. The Company’s strategy continues to encompass full-cycle renewable energy development, from site origination through EPC, Operations & Maintenance, and IPP ownership, while expanding into the co-location of modular data center infrastructure at suitable sites within its portfolio.

The AI compute infrastructure vertical is being advanced in parallel with the Company’s near-term construction milestones, including the spring 2026 mobilization of nine New York State solar and storage projects and the commercial operation of the SFF 06 BESS project in Ontario.

The LOI is not a definitive agreement. Nodiac and PowerBank will collaborate on deploying modular data centers at suitable sites within PowerBank’s portfolio, with definitive agreements to be negotiated on a site-by-site basis. The construction of any modular data center is subject to conclusion of a definitive agreement, receipt of required permits, technical feasibility and financing arrangements being in place.

There are several risks associated with the development of the projects disclosed in this news release. The development of any project is subject to receipt of a community solar contract, receipt of interconnection approval, receipt of required permits, the availability of third-party financing arrangements for the Company to finance the construction of the projects and the risks associated with the construction of a solar or battery energy storage project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar or battery storage, which could result in future projects no longer being economic. Please refer to “Forward-Looking Statements” for additional discussion of the assumptions and risk factors associated with the projects and statements made in this news release.

About PowerBank Corporation

PowerBank Corporation is a vertically integrated and independent North American clean energy company helping to power the digital economy. The Company develops, builds, owns, and operates solar and battery energy storage systems that deliver reliable, resilient, and clean grid and behind-the-meter power to the electricity grid, commercial and industrial clients, and municipal and residential off-takers. As AI and digital infrastructure drive unprecedented electricity demand, PowerBank is uniquely positioned to deliver the speed, scale, and energy independence that the next generation of power consumers requires, without waiting years for grid interconnection. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about PowerBank, please visit www.powerbankcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding its industry trends and overall market growth; the Company’s growth strategies the expected energy production from the projects  mentioned in this news release; the receipt of interconnection approval, permits and financing to be able to construct the projects; the receipt of incentives for the projects; the Company’s plans to add AI compute infrastructure and modular data centers; the Company’s plan to provide energy and battery storage solutions; the details of the potential transaction with Nodiac; the suitability of solar and BESS sites to host a modular data center; potential revenues; and the size of the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions;  the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; failure to execute definitive agreements for suitable solar or BESS sites; power availability may not be sufficient to support a modular data center; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar Project exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

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SOURCE PowerBank Corporation

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Z Squared, Inc. Enters $50 Million Committed Equity Forward Purchase Agreement to Support AI Infrastructure Buildout

PR Newswire

Agreement Provides Committed Equity Capital to Execute Phase 1 Acquire and Convert Pipeline

FT. LAUDERDALE, Fla., June 4, 2026 /PRNewswire/ — Z Squared, Inc. (Nasdaq: ZSQR) (the “Company”), a digital infrastructure company expanding into AI infrastructure, today announced the Company has entered into a $50 million committed equity forward purchase agreement with LucentHash / Data Part Capital, a trading name of Translucent Matter Inc., a British Virgin Islands company (the “Agreement”). The Agreement gives the Company the ability to fund acquisitions as they close and to stage conversion capital site by site as operational milestones are met, advancing the Company toward its Phase 1 destination of 100 megawatts of AI-ready capacity across multiple U.S. sites.

Each draw under the agreement is a separate, independent forward purchase, initiated by the Company on its own timing and priced at 95% of the volume-weighted average price over a five-day pricing window unique to that draw and subject to a 9-month lock-up by the purchaser. The Company retains full control over whether, when, and how much to draw. Capital is accessed in step with execution, not ahead of it.

The agreement is structured to align the parties’ long-term goals and to protect existing shareholders of the Company. Accordingly, shares issued under the Agreement are subject to a 9-month lock-up period, and LucentHash / Data Part Capital is contractually prohibited from short-selling or otherwise hedging ZSQR common stock.

“Z Squared is moving into a significant AI infrastructure opportunity from a position of strength, with virtually no debt on the balance sheet,” said David Halabu, Chief Executive Officer of Z Squared. “We believe this agreement strengthens that position with flexible equity capital that can be matched to acquisitions and site-level conversion milestones without adding leverage. We intend to move quickly, but with discipline, as we build toward our Phase 1 objective.”

Z Squared enters this financing with its Phase 1 strategy already in motion. The Company has signed a binding letter of intent to acquire Skycore Digital, which currently owns three active North Carolina sites powered by Duke Energy, providing up to 42 megawatts of total potential capacity (of which 18 megawatts is presently available under existing Duke Energy Letters of Authorization) — the first step toward our 100 MW Phase 1 goal. The Company is actively evaluating additional opportunities on the same criteria applied to Skycore: energized, grid-connected sites where conversion to AI-ready capacity can be executed on the timeline customers actually need, without the multi-year delays associated with greenfield development.

About Z Squared, Inc.

Z Squared, Inc. (Nasdaq: ZSQR) is a computing infrastructure company operating advanced computing equipment and expanding into AI infrastructure. The Company’s strategy is built on three principles: lead with power by acquiring operating sites where power is already flowing; build for AI workloads by converting that capacity into AI-ready colocation where the customer brings the compute and runs what they need; and scale with discipline by deploying conversion capital site by site, against signed contracts and operational readiness. Z Squared listed on the Nasdaq Global Market in April 2026.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements may be identified by words such as “believes,” “expects,” “intends,” “plans,” “anticipates,” “aims,” “goal,” “objective,” “potential,” “estimates,” “projects,” “may,” “should,” “will,” “would,” “could,” and similar expressions, although not all forward-looking statements contain such identifying words. Forward-looking statements in this press release include, without limitation, statements regarding: the Company’s plans and ability to draw on the Agreement and the timing and amounts of any draws thereunder; the anticipated use of proceeds from draws to fund acquisitions and site-level conversion capital; the proposed acquisition of Skycore Digital, including the anticipated capacity, conversion timeline, and strategic fit of those sites; the Company’s Phase 1 strategy and its objective of 100 megawatts of AI-ready capacity across multiple U.S. sites; the Company’s evaluation of additional acquisition targets; the Company’s ability to convert acquired sites to AI-ready colocation capacity and attract customers therefor; expected benefits to existing shareholders from the lockup and no-hedging provisions of the agreement; and any other statements regarding the Company’s future operations, financial condition, growth prospects, or strategic plans.

These forward-looking statements are based on management’s current expectations and assumptions and are subject to significant risks, uncertainties, and other factors, many of which are outside the Company’s control, that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, among others: the Company’s ability to satisfy all conditions required to make draws under the forward purchase agreement and to access capital thereunder on acceptable terms or at all, the Company’s ability to achieve its Phase 1 100 MW objective on the contemplated timeline, or at all, including the risk that acquisitions, joint ventures, financing, conversion capital deployment, customer contracting, or site development do not progress as anticipated; the Company’s ability to execute its acquire-and-convert strategy, including its ability to identify suitable energized sites, structure transactions on acceptable terms, and convert acquired sites to AI-ready capacity on the truncated timelines management contemplates; the Company’s ability to negotiate and execute definitive transaction documentation for the Skycore Digital acquisition, satisfy or obtain waivers of conditions to closing, finance the transaction, and consummate the acquisition on the timeline contemplated by the binding letter of intent or at all; the Company’s ability to realize the anticipated benefits of the proposed Skycore Digital transaction, including the projected megawatt capacity and the conversion of the 18 MW available under existing Duke Energy Letters of Authorization into operational capacity; the Company’s ability to execute its post-listing business strategy and to integrate operations and personnel following the recently completed business combination; the Company’s ability to develop the technical, operational, financial, and commercial capabilities required to participate in the AI infrastructure, data center, and high-performance compute hosting markets, none of which currently generate revenue for the Company; whether expected demand from NeoCloud operators and other AI infrastructure customers for production inference capacity materializes on the timeline or in the magnitude management anticipates; the Company’s current dependence on cryptocurrency mining and the volatility of cryptocurrency markets, mining economics, network difficulty, and digital asset values, including with respect to Dogecoin; changes in power costs, energy regulation, grid conditions, interconnection queue dynamics, curtailment programs, and seasonal electricity rate fluctuations; the availability, pricing, and technological obsolescence of mining and computing hardware; the Company’s ability to maintain and expand its facility footprint and respond to localized regulatory shifts or grid instability; the continued service of the Company’s senior management, including its Chief Executive Officer; competition in the computing infrastructure, cryptocurrency mining, AI infrastructure, and digital asset industries; market, economic, and capital-markets conditions, including the Company’s ability to access additional capital on acceptable terms; and regulatory developments affecting cryptocurrency mining, digital assets, power consumption, and data-center operations. Additional risks and uncertainties are described under the heading “Risk Factors” in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on April 30, 2026 reporting the closing of the business combination, the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and the Company’s subsequent filings with the Securities and Exchange Commission, each of which is available at www.sec.gov.

Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
[email protected]

Cision View original content:https://www.prnewswire.com/news-releases/z-squared-inc-enters-50-million-committed-equity-forward-purchase-agreement-to-support-ai-infrastructure-buildout-302791528.html

SOURCE Z Squared Inc.

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Teledyne FLIR Defense Awarded $11.2 Million U.S. Army Contract for Advanced CBRN Sensor Drone Kits

Teledyne FLIR Defense Awarded $11.2 Million U.S. Army Contract for Advanced CBRN Sensor Drone Kits

New autonomous SkyRaider®-based systems strengthen battlefield protection by mapping chemical, biological, radiological, and nuclear threats without exposing soldiers to harm

THOUSAND OAKS, Calif.–(BUSINESS WIRE)–
Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne FLIR Defense, a global leader in intelligent sensing and unmanned systems, has won an $11.2 million contract from the U.S. Army’s Capability Program Executive for Chemical, Biological, Radiological and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system (UAS) kits.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604954474/en/

Teledyne FLIR Defense has won an $11.2 million contract from the U.S. Army’s Capability Program Executive for Chemical, Biological, Radiological and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system kits. The autonomous SkyRaider®-based systems will strengthen battlefield protection by mapping chemical, biological, radiological, and nuclear threats without exposing soldiers to harm.

Teledyne FLIR Defense has won an $11.2 million contract from the U.S. Army’s Capability Program Executive for Chemical, Biological, Radiological and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system kits. The autonomous SkyRaider®-based systems will strengthen battlefield protection by mapping chemical, biological, radiological, and nuclear threats without exposing soldiers to harm.

The kits were developed under the Army’s Chemical, Biological, Radiological, and Nuclear Sensor Integration on Robotic Platforms (CSIRP) program. CSIRP focuses on rapidly prototyping and fielding modular sensor solutions that enhance drones and unmanned ground vehicles through advanced sensing, AI, machine learning, autonomy, and communications technologies.

At the heart of the award is the integration of Teledyne FLIR’s R80D SkyRaider® UAS with a suite of modular CBRN detection payloads and resilient communications technologies. For these kits, the R80D SkyRaider drone is specially configured with semi-autonomous CBRN search and survey capabilities developed under the CSIRP program. Thus equipped, SkyRaider enables dismounted frontline units to rapidly assess contaminated environments while keeping soldiers out of harm’s way. Using the detection payloads mounted on the drone, operators can view real-time hazard data through mapping, targeting, and communications tools. Once deployed, the SkyRaider can autonomously locate and characterize CBRN threats.

“Safe-guarding soldiers from weapons of mass destruction is at the core of our mission,” said Dr. JihFen Lei, President of Teledyne Defense and Aerospace Group and Senior Vice Present of Teledyne Technologies. “These SkyRaider-based sensor kits dramatically improve how units can detect and map CBRN hazards without exposing warfighters to dangerous environments.

“This award also builds on our continued work as lead integrator for the Army’s NBCRV Sensor Suite Upgrade program, where we’re delivering next-generation sensing and autonomy solutions that give U.S. and allied forces a decisive edge,” Dr. Lei added.

Each kit includes the R80D SkyRaider drone carrying a selection of chemical, biological and radiological detection payloads – including the Teledyne FLIR MUVE™ B330 biological sensor – and featuring autonomous operation.

The sensor kits are being built at Teledyne FLIR Defense facilities in Elkridge, Md. and West Lafayette, Ind., with additional engineering performed in Stillwater, Okla. Deliveries are expected to begin in the second quarter of 2026.

For more on Teledyne FLIR Defense’s integrated CBRN detection solutions, visit us online.

About Teledyne FLIR Defense

Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir and @flir_defense.

About Teledyne Technologies

Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne’s website at www.teledyne.com.

The opinions and assertions expressed herein are those of the company and do not reflect the official policy or position of the CPE CBRND, U.S. Army, or the Department of War (DoW). References to non-Federal entities or products do not constitute or imply a DoW, Army, or CPE CBRND endorsement.

Media Contact:

Joe Ailinger, Jr.

Teledyne Defense and Aerospace

Email: [email protected]

KEYWORDS: United States North America California District of Columbia

INDUSTRY KEYWORDS: Security Manufacturing Satellite Defense Telecommunications Other Defense Software Contracts Artificial Intelligence Networks Hardware Homeland Security Drones Technology Public Policy/Government Other Manufacturing Robotics Military

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Teledyne FLIR Defense has won an $11.2 million contract from the U.S. Army’s Capability Program Executive for Chemical, Biological, Radiological and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system kits. The autonomous SkyRaider®-based systems will strengthen battlefield protection by mapping chemical, biological, radiological, and nuclear threats without exposing soldiers to harm.
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Global-e Announces Board Authorization of $500 Million Share Repurchase Program

PETAH-TIKVA, Israel, June 04, 2026 (GLOBE NEWSWIRE) — Global-e Online Ltd. (Nasdaq: GLBE), the platform powering global direct-to-consumer e-commerce, today announced that its Board of Directors (the “Board”) has approved a “distribution”, as defined in the Israeli Companies Law, 5759-1999 (the “Companies Law”) by way of a share repurchase program, pursuant to which the Company may repurchase an aggregate amount of up to $500 million of its ordinary shares (the “Distribution”), subject to the completion of required Israeli regulatory procedures.

“As we have now completed approximately 80% of our $200 million 2025 repurchase plan, we are pleased to announce a new, incremental $500 million repurchase program. This new plan reflects our confidence in the company’s ability to generate strong, sustainable cash flow while continuing to invest in strategic initiatives. Returning capital to shareholders in the form of repurchases is an important lever within our capital allocation strategy,” said Ofer Koren, Global-e’s CFO.

Under the Board authorized repurchase program, Company securities may be repurchased from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise, all in accordance with U.S. securities laws and regulations, including Rule 10b-18 under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into plans that are compliant with Rule 10b5-1 of the Exchange Act to facilitate repurchases of its securities under this authorization. The repurchase program does not obligate the Company to acquire any particular amount of securities, and the repurchase program may be suspended or discontinued at any time at the Company’s discretion. Repurchases under the repurchase program may begin after conclusion of the 30-day period for creditors of the Company to object to the Company’s intention to effect the distribution by way of repurchase in accordance with the Companies Law and the promulgated Companies Regulations (Relief for Public Companies Whose Securities are Traded on Stock Exchanges Outside of Israel), 5760-2000 (the “Relief Regulations”), and Companies Regulations (Approval of Distribution), 5761–2001. The actual timing, number and value of securities repurchased depend on a number of factors, including the market price of the Company’s ordinary shares, general market and economic conditions, any objections received by the Company from its creditors, the Company’s financial results and liquidity, and other considerations. The Company expects to fund repurchases with cash on hand and future cash generated from its operations. According to Section 7C(C) of the Relief Regulations, the Company’s creditors may apply to the Company and object to the Distribution, within 30 days following its publication.

About Global-e

Global-e (Nasdaq: GLBE) is the world’s leading platform enabling and accelerating global, Direct-To-Consumer e-commerce. The chosen partner of over 1,500 brands and retailers across North America, EMEA, and APAC, Global-e makes selling internationally as simple as selling domestically. The company enables merchants to increase the conversion of international traffic into sales by offering online shoppers in over 200 destinations worldwide a seamless, localized shopping experience. Global-e’s end-to-end e-commerce solutions combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics, and vast global e-commerce experience, enabling international shoppers to buy seamlessly online and retailers to sell to and from, anywhere in the world.


Cautionary Note Regarding Forward Looking Statements

Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the expected timing and completion of the share repurchase program and the benefits thereof, our future cash generation and financial position, are forward-looking statements. As the words “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “target,” “seek,” “believe,” “estimate,” “predict,” “potential,” “continue,” “contemplate,” “possible” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Global-e believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, failure to retain our existing merchants, or the gross merchandise value (GMV) generated by such merchants; failure to attract new merchants, or the merchants we attract fail to generate GMV or revenue comparable to our current merchants; failure to develop or acquire new functionality or enhance our existing platform; failure to successfully compete against current and future competition; failure to integrate our platform with e-commerce platforms; failure to maintain the functionality of our platform; failure to manage our growth effectively; risks associated with cross-border sales and operations; risks associated with governmental export controls; the compromise of personal information of our merchants and shoppers we store; failure to enhance our reputation and awareness of our platform; diminished demand for our platform and services as a result of changes in laws and regulations; actual or perceived failure to comply with stringent and changing laws, regulations, standards and contractual obligations related to privacy, data protection and data security; failure to adequately maintain, protect or enforce our intellectual property rights; our ability to develop or maintain the functionality of our platforms, including real or perceived errors, failures, vulnerabilities, or bugs in our platforms; the market price and trading volume of the our ordinary shares may be volatile and could decline significantly; and other factors discussed under the heading “Risk Factors”, under heading “Operating and Financial Review and Prospects,” and under heading “Business” in Global-e’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the SEC on March 26, 2026 and other documents filed with or furnished by Global-e from time to time with the Securities and Exchange Commission (the “SEC”). You should carefully consider the foregoing factors. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this document. Except as required by law, there should not be an expectation that such information will in all circumstances be updated, supplemented, or revised whether as a result of new information, changing circumstances, future events, or otherwise.


Investor Contact:


Alan Katz
Investor Relations
Global-e
[email protected]


Press Contact:


Allison Grey
Headline Media
[email protected]
+1 323 283 8176



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SU Group Awarded Next-Generation Cross-Border Security and High-Speed Vehicle Clearance System Installation

PR Newswire

HONG KONG, June 4, 2026 /PRNewswire/ — SU Group Holdings Limited (Nasdaq: SUGP) (“SU Group” or the “Company”), an integrated security-related engineering services company in Hong Kong, today announced it was awarded a high-profile installation of a cross-border security and high-speed vehicle clearance system for the new Huanggang Port, designed to be a prominent, high-traffic facility connecting Hong Kong and Shenzhen.

“This project is another important validation of our ability to support high-security, high-throughput public infrastructure,” said SU Group’s Chairman and CEO, Dave Chan. “The new Huanggang Port was built for speed, scale and around-the-clock operation, and our UVSS technology plays a critical role in helping strengthen vehicle inspection without creating unnecessary bottlenecks. We believe reference projects like this can strengthen our credibility as we pursue additional opportunities in ports, border checkpoints, logistics hubs, transportation facilities and other government security environments.”

Key Takeaways

  • Strategic infrastructure reference win: SU Group was awarded the supply and installation of an integrated Under Vehicle Surveillance System, or UVSS, for the new Huanggang Port, a major 24/7 border crossing facility connecting Hong Kong and Shenzhen.
  • Leverages AI for higher security and superior system performance: SU Group’s system is powered by AI-enabled image processing to help compensate for uneven vehicle drive-through speeds. This function helps reduce image distortion and supports clearer, more consistent undercarriage images for operator review.
  • Supports high-volume, high-speed clearance: The new port is designed to handle approximately 200,000 to 300,000 daily passenger trips and 15,000 vehicles, while reducing clearance time from about 30 minutes to approximately 5 minutes.
  • Six UVSS units across six lanes/locations: SU Group supplied and fully installed six UVSS systems to support vehicle inspection across multiple lanes and operating points, with each vehicle scanned individually in line with regulatory requirements.
  • AI-enabled image processing: The UVSS uses AI-supported image processing to help reduce distortion caused by uneven vehicle drive-through speeds, supporting clearer and more reliable undercarriage imaging.
  • Critical layer of border security: The system enables rapid, high-resolution scanning of vehicle undercarriages to help detect contraband, hidden compartments, structural tampering and individuals attempting to conceal themselves underneath vehicles.

The new Huanggang Port is expected to open on July 1 and is designed as a next-generation, around-the-clock border crossing facility. The port is expected to feature 134 automated e-channels and 68 manual counters, with capacity to handle approximately 200,000 to 300,000 daily passenger trips and 15,000 vehicles. The facility is also expected to allow travelers to complete both Hong Kong and mainland immigration procedures in a single stop, reducing clearance time from approximately 30 minutes to about 5 minutes.

The UVSS provides rapid, high-resolution imaging of vehicle undercarriages, helping trained operators identify potential security risks such as contraband, suspicious vehicle modifications, hidden compartments, structural tampering or individuals attempting to conceal themselves beneath vehicles. In a high-volume border environment, this capability is especially important because it adds an additional layer of vehicle security without materially slowing traffic flow.

For vehicle crossings, the broader port clearance process is designed to allow drivers to remain inside their vehicles while travel documents, facial verification and fingerprint checks are conducted through the inspection console. SU Group’s UVSS complements this process by separately scanning the underside of each vehicle as part of the security inspection workflow.

SU Group previously installed similar UVSS technology at another border location, further demonstrating its experience in specialized vehicle inspection and security infrastructure. The Company believes demand for integrated security, inspection and surveillance solutions will continue to grow as governments and infrastructure operators modernize border crossings, ports, transportation nodes and other critical facilities.

About SU Group Holdings Limited

SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk.

Forward-Looking Statements

The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, including the closing of the offering, 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.  These statements may be preceded by, followed by or include the words “may,” “might,” “will,” “will likely result,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, and other risks and uncertainties set forth in our reports filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

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SOURCE SU Group Holdings Limited

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Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

PR Newswire

BRIDGEWATER, N.J., June 4, 2026 /PRNewswire/ — Insmed Incorporated (Nasdaq: INSM), a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases, today announced the granting of inducement awards to 103 new employees. The awards were granted under the Insmed Incorporated 2025 Inducement Plan, which is intended to meet the requirements of a plan providing for inducement grants under Nasdaq Listing Rule 5635(c)(4). The awards were approved by Insmed’s Compensation Committee and made as a material inducement to each employee’s entry into employment with the Company.

In connection with the commencement of their employment, on May 29, 2026, the employees received 97,091 restricted stock units and options to purchase an aggregate 12,850 shares of Insmed common stock at an exercise price of $106.91 per share, the closing trading price on the Nasdaq Global Select Market on the date of grant.

The restricted stock units have a four-year vesting schedule, with 25% of the shares underlying each restricted stock unit grant vesting on each anniversary of the first day of the month immediately following the grant date, subject to the relevant employee’s continued service with Insmed on the applicable vesting date.

The options have a 10-year term and a four-year vesting schedule, with 25% of the shares subject to the option vesting on the first anniversary of the first day of the month immediately following the grant date and 12.5% of the shares subject to the option vesting every six months thereafter through the fourth anniversary thereof, subject to the relevant employee’s continued service with Insmed on the applicable vesting date.

About Insmed

Insmed Incorporated is a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases. The Company is advancing a diverse portfolio of approved and mid- to late-stage investigational medicines as well as cutting-edge drug discovery focused on serving patient communities where the need is greatest. Insmed’s most advanced programs are in pulmonary and inflammatory conditions, including two approved therapies to treat chronic, debilitating lung diseases. The Company’s early-stage programs encompass a wide range of technologies and modalities, including gene therapy, AI-driven protein engineering, RNA end-joining, and synthetic rescue.

Headquartered in Bridgewater, New Jersey, Insmed has offices and research locations throughout the United States, Europe, and Japan. Insmed is proud to be recognized as one of the best employers in the biopharmaceutical industry, including spending five consecutive years as the No. 1 Science Top Employer. Visit www.insmed.com to learn more or follow us on LinkedIn, Instagram, YouTube, and X.

Contact:

Investors:

Bryan Dunn
Vice President, Investor Relations
(646) 812-4030
[email protected]

Media:

Claire Mulhearn
Vice President, Corporate Communications
(862) 842-6819
[email protected]

Insmed-Logo-Purple

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SOURCE Insmed Incorporated

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Sunshine Silver Mining & Refining to Begin Trading on NYSE

PR Newswire

KELLOGG, Idaho, June 4, 2026 /PRNewswire/ — Sunshine Silver Mining & Refining Company (the “Company” or “Sunshine”) will begin trading today on the New York Stock Exchange (“NYSE”) under the ticker symbol “SSMR.”

SSMR Logo

Dr. Thomas S. Kaplan, Chairman, Sunshine Silver Mining & Refining Company: “Today marks the beginning of a new chapter for the iconic Sunshine Mine and the United States’ silver production. Sunshine is a truly differentiated, superlative-rich asset, bringing together attributes that matter the most in this market: exceptional grade and scale, excellent exploration targets, a premier U.S. jurisdiction, substantial existing infrastructure, and a clear path toward restarting production. At a time when silver demand is rising across solar, electrification, electronics and advanced technologies, while primary silver supply remains constrained, Sunshine offers investors exposure to a scarce, U.S.-based pure-play silver asset with vertically integrated refining operations that have the potential to produce 99.99 silver bars eligible for the COMEX as well as antimony metal. With both metals having been declared to be critical minerals by both the United States and China, we believe this autonomy away from geopolitics to be a significant advantage.”

Sunshine owns and controls the Sunshine Mine, one of the highest-grade pure-play silver resources in the world. The Sunshine Mine has an average diluted silver grade of 1,022 grams per tonne in Indicated Mineral Resources,1 approximately three-times the grade of other high-grade silver assets globally.2 It hosts 103.9 million ounces of silver Indicated Mineral Resources and 159.8 million ounces of silver Inferred Mineral Resources.3

Once in production, the Sunshine Mine is expected to produce approximately 6.7 million ounces of silver annually in its first five years of production with 5.8 million ounces over a 24-year mine life,3 which would make it the second largest primary silver mine in the U.S.4 It is also one of the few vertically integrated, permitted mine-to-mill-to-refinery platforms in the U.S., with potential on-site production of silver and antimony.

Sunshine has the potential to be a critical minerals hub. Historically, the Sunshine Mine contained economic quantities of antimony, producing over 48.4 million pounds of finished antimony between 1953 and 2001. The Company is currently evaluating the design and engineering for the already permitted Sunshine Antimony Plant, which, including Sunshine’s own byproduct antimony production could potentially produce up to 34.5 million pounds of finished antimony annually5 – supplying up to 60% of U.S. demand for this critical mineral.6

Heather White, CEO, Sunshine Silver Mining and Refining Company: “With our having a clear path to the revitalization and restart of the Sunshine Mine, Sunshine’s NYSE listing represents an important step as we move toward execution. Our near-term focus is on completing infill drilling and engineering designs to support a Feasibility Study for the Sunshine Mine, currently targeted for completion in early 2027. From there, we plan to begin mill construction and complete infrastructure upgrades, with the goal of delivering silver production in late 2028.”

“Sunshine benefits from a significant head start. The Sunshine Mine has permits in-hand, substantial existing infrastructure estimated to be worth $600 million, and the multiple benefits of $208 million of investments made over the last 16 years to explore, maintain, and modernize the asset. This foundation is expected to reduce both timeline and execution risk as we work to bring the historic Sunshine Mine back into production.”

About Sunshine Silver Mining & Refining Company

The Company is dedicated to bringing the historic, permitted Sunshine Mine back into production. As the largest mineral rights holder in Idaho’s Coeur d’Alene Mining District – the most prolific silver district in U.S. history – Sunshine benefits from favorable mining regulations, an existing skilled labor force, mine suppliers and strong support for mining from the local population and government. The Sunshine Mine is one of the highest-grade primary silver resources in the world, and the Company is one of the few U.S.-based entities with a vertically integrated mine-to-mill-to-refinery platform, supported by a permitted onsite silver refinery and the major permits required for antimony production.

Citations

[1,3] Mineral resource estimates are based on the Company’s technical report summary for the Sunshine Mine, filed as an exhibit to the Company’s Registration Statement on Form S-1. For additional information and a copy of the technical report, visit: https://sunshinesilvermining.com/sunshine-mine/.
[2] Based on the median grades of the top fifteen highest grade silver assets globally, excluding Russia, of assets with contained Measured and Indicated Mineral Resources of at least 45 million ounces of silver and Inferred Mineral Resources of at least 5 million ounces of silver.
[4] Based on the Silver Institute’s “World Silver Survey 2025” report.
[5] Assumes antimony facility runs at 100% capacity, producing 34.5 Mlbs antimony annually.
[6] Estimated U.S. market demand as of 2030, as provided by the Argus Report.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the Company’s business strategy, the Company’s plans and objectives for future operations and industry trends. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “might,” “could,” “would,” “achieve,” “budget,” “scheduled,” “forecasts,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” and similar expressions are used to identify these forward-looking statements. All forward-looking statements speak only as of the date on which they are made. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions concerning future events that are difficult to predict. Therefore, actual future events or results may differ materially from these statements. We caution you not to place undue reliance on these forward-looking statements.

 

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SOURCE Sunshine Silver Mining & Refining

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U.S. Energy Corp. Announces Corporate Rebrand to Big Sky Industrial Inc.

New Name Reflects Company Shift to Integrated Industrial Gas, Energy and Carbon Management Strategy

HOUSTON, June 04, 2026 (GLOBE NEWSWIRE) — U.S. Energy Corp. (NASDAQ: USEG) (“Big Sky Industrial” or the “Company”), an integrated industrial gas, energy, and carbon management company, today announced the official change of its corporate name and Nasdaq ticker symbol, both effective June 8, 2026, to Big Sky Industrial Inc. (NASDAQ: BSIN). The change aligns the Company’s public market identity with its core operating strategy: the development and commercialization of helium and carbon management assets at its planned wholly owned and operated Big Sky Carbon Hub in Montana’s Kevin Dome region. Effective June 8, 2026, the Company’s new corporate website is www.bigskyindustrialinc.com and its CUSIP number remains unchanged at 911805307.


MANAGEMENT COMMENTARY

“Big Sky Industrial is an industrial gas and carbon management company, and as of today our name says exactly that,” said Ryan Smith, President and Chief Executive Officer of Big Sky Industrial. “We are on our way to being an industrial gas producer with contracted cash flow, a carbon management business with meaningful Section 45Q tax credit value, and a low-decline oil operation integrated into our platform as a captive CO₂ outlet. Over the past 18 months we have divested non-core oil and gas assets and redirected the proceeds into the largest organic development project in our history: the Big Sky Carbon Hub. We have reached Final Investment Decision on the processing facility, completed our Phase 1 capital stack, and signed a five-year, 100 percent take-or-pay helium offtake agreement with an investment-grade global industrial gas counterparty. The name makes that identity clear to investors, customers, and partners.”

Mr. Smith continued, “Helium is a federally designated critical mineral with no viable substitute across its most important end markets — semiconductors, medical imaging, rocket propulsion, quantum computing, and fiber optic infrastructure. Global supply is structurally constrained and concentrated in regions with meaningful geopolitical risk. Big Sky Carbon Hub is being built to provide reliable, contracted domestic supply of this critical industrial gas. Our new name reflects that mission and positions us accurately within the global industrial gas and critical minerals value chain.”


NAME AND TICKER CHANGE DETAILS

Former Corporate Name: U.S. Energy Corp.
New Corporate Name: Big Sky Industrial Inc.
Former Ticker Symbol: USEG
New Ticker Symbol: BSIN
Exchange: Nasdaq Capital Market
Effective Date: June 8, 2026
New Website: www.bigskyindustrialinc.com
CUSIP: 911805307 (unchanged)
Transfer Agent: Computershare


No action is required by existing shareholders in connection with the name change. All existing shares of common stock will automatically represent shares of Big Sky Industrial Inc. and are expected to begin trading under the new ticker symbol BSIN on June 8, 2026. The number of authorized shares, shares outstanding, par value, and all other terms of the common stock remain unchanged.


ABOUT BIG SKY INDUSTRIAL INC.

Big Sky Industrial Inc. (NASDAQ: BSIN), formerly U.S. Energy Corp. (NASDAQ: USEG), is a Houston-based industrial gas, carbon management, and energy company with operations focused on the Big Sky Carbon Hub and Cut Bank oil field in Montana’s Kevin Dome region. The Company’s asset base supports three distinct business lines: helium production, carbon management, and low-decline oil production. Big Sky Industrial is focused on developing an integrated platform that leverages helium as a federally designated critical mineral, carbon management opportunities supported by Section 45Q federal tax credits, and conventional oil production from its owned and operated assets. The Company’s operations are designed to generate revenue from multiple independent sources across helium, carbon management, and oil. For more information, please visit www.bigskyindustrialinc.com.


MEDIA CONTACT

email: [email protected]
X: @BSIN_IR
LinkedIn: Big Sky Industrial Inc




INVESTOR RELATIONS CONTACT

Mason McGuire 

[email protected]
(303) 993-3200
www.bigskyindustrialinc.com


FORWARD-LOOKING STATEMENTS

Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements.

Important factors that may cause actual results and outcomes to differ materially from those contained in such forward-looking statements include, without limitation, risks relating to: the Company’s ability to complete construction of the Big Sky Carbon Hub on time and on budget; the Company’s ability to comply with the terms of its senior credit facilities; the Company’s access to capital on acceptable terms and potential dilution caused thereby; the volatility of commodity prices, including helium, oil and natural gas; the Company’s success in discovering, estimating, developing and replacing reserves; risks related to the status and availability of gathering, transportation, processing, and storage facilities; risks relating to regulatory changes, including those related to the Section 45Q tax credit, carbon dioxide and greenhouse gas emissions; the business, economic and political conditions in the markets in which the Company operates; actions of competitors or regulators; inflationary risks and changes in interest rates; the potential disruption or interruption of the Company’s operations due to war, accidents, political events, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the Company’s control; and other risk factors included from time to time in documents the Company files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. These reports and filings are available at www.sec.gov.

The Company cautions that the foregoing list of important factors is not complete and does not undertake to update any forward-looking statements except as required by applicable law. All subsequent written and oral forward-looking statements attributable to the Company or any person acting on behalf of the Company are expressly qualified in their entirety by the cautionary statements referenced above. The forward-looking statements included in this communication are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. The Company undertakes no obligation to update these statements after the date of this release, except as required by law.



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Gogo secures $7.5 million NOAA contract, providing mission-critical communications services for ‘hurricane hunter’ aircraft

SD Government, a Gogo company serving the military and government markets, has secured a significant multi-year blanket purchase agreement (BPA) with the United States Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) to support essential airborne “Hurricane Hunting” activities via satellite communications, ahead of the 2026 hurricane season

BROOMFIELD, Colo., June 04, 2026 (GLOBE NEWSWIRE) — SD Government, a Gogo (NASDAQ: GOGO) company serving the military and government markets, announced today that it has secured a multi-year framework contract from the U.S. Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA). This contract supports the NOAA Aircraft Operations Center (AOC), home to the renowned Hurricane Hunter fleet, including the Lockheed Martin WP-3D aircraft known as “Kermit” and “Miss Piggy,” among others. These aircraft provide essential research data, enabling effective, real-time, actionable information.

The agreement includes a total obligation of $7.5 million for SD Government to deliver a comprehensive mission communications solution. This includes L-Band satellite communications (SATCOM), ground infrastructure, and cybersecurity solutions via Gogo’s data center in Melbourne, Florida, along with Gogo’s FlightDeck Freedom cockpit datalink software suite, ensuring reliable communications and streamlined flight operations ahead of the upcoming hurricane season.

“NOAA is a trusted global leader in airborne research, offering life-saving services to the U.S. and other nations. We’re proud to support the delivery of vital data from the storm’s eye to decision-makers, utilizing our robust and reliable networks and infrastructure,” says Ben Massey, Senior Vice President of Government Sales at Gogo.

Photo caption: SD Government, a Gogo company, has secured a $7.5 million NOAA contract providing mission-critical communications services for ‘hurricane hunter’ aircraft including this NOAA Lockheed WP-3D Orion N43RF (Photo: NOAA)

About SD Government, a Gogo Company

SD Government (SDG), a Gogo company, is a leading global operator of customized, secure end-to-end satellite connectivity services that deliver assured global access to networks, voice, data, and video applications on land and in the air. As part of the Gogo family, SDG leverages Gogo’s advanced technology ecosystem to provide integrated, mission-critical connectivity solutions to government and military operators worldwide.

Each SDG solution is scalable from simple point-to-point links to complete, end-to-end global systems that are fully interoperable and seamlessly integrated with government networks for enhanced situational awareness and faster response.

Providing customers with solutions across GEO, MEO, and LEO satellite constellations, encompassing L-, Ku-, Ka-, and frequency bands, SDG delivers innovative turnkey capabilities backed by Gogo’s proven expertise in aviation and connectivity infrastructure. The portfolio includes equipment, systems integration, ground networks, satellite airtime, training, and 24/7/365 global support.

Government customers trust SDG to deliver resilient, agnostic solutions with the highest quality of service and customer support, provided by an expert team of military veterans and technical specialists experienced in managing complex communications requirements to ensure mission success. Visit www.sdgov.gogoair.com

Media contacts

Caroline Phaneuf – Arena Group         
[email protected]                                
+1 514 778 5092                                

Stacey Giglio         
[email protected]                 
+1 321 361 6101


Cautionary Note Regarding Forward-Looking Statements

Certain disclosures in this press release and related comments by our management include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our business outlook, industry, business strategy, plans, goals and expectations concerning our market position, international expansion, future technologies, future operations, margins, profitability, future efficiencies, capital expenditures, liquidity and capital resources and other financial and operating information. When used in this discussion, the words “anticipate,” “assume,” “believe,” “budget,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “future” and the negative of these or similar terms and phrases are intended to identify forward-looking statements in this press release. Forward-looking statements are based on our current expectations regarding future events, results or outcomes. These expectations may or may not be realized. Although we believe the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. Some of these expectations may be based upon assumptions, data or judgments that prove to be incorrect. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors. Although it is not possible to identify all of these risks and factors, they include, among others, the following: our ability to continue to generate revenue from the provision of our connectivity and other service offerings; our development and fixed-price contracts; our reliance on our key OEMs and dealers for equipment sales; our dependence on single-source, third party satellite network providers; the impact of competition; our ability to maintain high-quality customer support; our reliance on third parties for equipment components and services; our participation in U.S. government contracts; our participation in non-U.S. government contracts; the finite useful life of satellites; the impact of global supply chain and logistics issues, tariffs and inflationary trends; the continued expansion of our business outside of the United States; foreign currency risk; our ability to recruit, train and retain highly skilled employees, and the loss of any key personnel; the impact of pandemics or other outbreaks of contagious diseases, and the measures implemented to combat them; the impact of adverse economic conditions; our ability to fully utilize portions of our deferred tax assets; the impact of attention to climate change, conservation measures and other sustainability-related matters; our ability to evaluate or pursue strategic opportunities; our ability to integrate Satcom Direct’s business, and the potential failure to realize or delay in realizing all of the anticipated benefits of the acquisition; the changes in executive management that occurred as part of the Satcom Direct acquisition; our ability to develop and deploy Gogo 5G, Gogo Galileo or other next generation technologies; our ability to maintain our rights to use our licensed 4Mhz of ATG spectrum in the United States and obtain rights to additional spectrum if needed; the impact of service interruptions or delays, cyberattacks, technology failures, equipment damage or system disruptions or failures; the impact of assertions by third parties of infringement, misappropriation or other violations; our ability to innovate and provide products and services; our ability to protect our intellectual property rights; risks associated with the use of artificial intelligence in our products and services; the impact of our use of open-source software; the impact of equipment failure or material defects or errors in our software; our ability to comply with applicable foreign ownership limitations; the impact of government regulation of communication networks, and the internet; the ongoing partial government shutdown; our possession and use of personal information; risks associated with participation in the FCC Reimbursement Program; our ability to comply with anti-bribery, anti-corruption and anti-money laundering laws; the extent of expenses, liabilities or business disruptions resulting from litigation; the impact of global climate change and legal, regulatory or market responses to it; the impact of the distribution of income among various jurisdictions in which we operate as well as changes in tax law or regulation on our U.S. and non-U.S. tax liabilities; the impact of changes in laws and regulations on U.S. government contractors; the impact of our substantial indebtedness; our ability to obtain additional financing to refinance or repay our existing indebtedness the impact of restrictions and limitations in the agreements and instruments governing our debt; the impact of an increase in interest rates; the impact of a substantial portion of our indebtedness being secured by substantially all of our assets; the impact of a substantial change in rating assigned by a rating agency; the volatility of our stock price; our ability to fully utilize our tax losses; the dilutive impact of future stock issuances; the impact of our stockholder concentration; our ability to fulfill the obligations of being  a public company; the impact of an identified material weakness in our internal controls; the impact of certain provisions of our charter, bylaws, and Delaware law; and other factors listed under the caption “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2025 as filed with the Securities and Exchange Commission (“SEC”) on February 27, 2026 and in our subsequent quarterly reports on Form 10-Q as filed with the SEC.

Any one of these factors or a combination of these factors could materially affect our financial condition or future results of operations and could influence whether any forward-looking statements contained in this report ultimately prove to be accurate. Our forward-looking statements are not guarantees of future performance, and you should not place undue reliance on them. All forward-looking statements speak only as of the date made and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3130b397-15a2-41fc-89e3-26b304eb413b



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Ocular Therapeutix™ to Participate in Clinical Trials at the Summit 2026

BEDFORD, Mass., June 04, 2026 (GLOBE NEWSWIRE) — Ocular Therapeutix, Inc. (NASDAQ: OCUL, “Ocular”), an integrated biopharmaceutical company committed to redefining the retina experience, today announced participation at Clinical Trials at the Summit 2026, taking place on June 12-13, 2026, in Las Vegas, Nevada.

Clinical Trials at the Summit (CTS) 2026 Presentation Details
:

  • Fireside Chat with Wiley Chambers, MD

    Fireside Date/Time: Friday, June 12, 2026, 8:05 – 8:30 PM PT
    Moderators: Jeffrey S. Heier, MD, Chief Scientific Officer; Peter K. Kaiser, MD, Chief Development Officer
  • Presentation Title: OTX-TKI: Overview of Science

    Session: Clinical Trials Addressing nAMD, DME, and DR
    Presentation Date/Time: Saturday, June 13, 2026,10:41 – 10:45 AM PT
    Presenter: Peter K. Kaiser, MD, Chief Development Officer
  • Presentation Title: SOL-1 Phase 3 Superiority Trial: Efficacy Outcomes with OTX-TKI in Neovascular AMD

    Session: Clinical Trials Addressing nAMD, DME, and DR
    Presentation Date/Time: Saturday, June 13, 2026,10:53 – 10:57 AM PT
    Presenter: Mark R. Barakat, MD
  • Presentation Title: Safety and Tolerability Profile of OTX-TKI in Neovascular AMD

    Session: Clinical Trials Addressing nAMD, DME, and DR
    Presentation Date/Time: Saturday, June 13, 2026, 10:57 – 11:01 AM PT
    Presenter: Darius M. Moshfeghi, MD
  • Presentation Title: HELIOS Program Update on OTX-TKI in Nonproliferative Diabetic Retinopathy

    Session: Clinical Trials Addressing nAMD, DME, and DR
    Presentation Date/Time: Saturday, June 13, 2026, 11:05 – 11:09 AM PT
    Presenter: Patricio G. Schlottmann, MD
  • Fireside Chat: From Global KOL to CEO: The Journey of Innovation, Leadership, and Patient Impact

    Fireside Date/Time: Saturday, June 13, 2026, 11:22 – 11:42 AM PT
    Fireside Moderator: Arshad M. Khanani, MD, MA, FASRS
    Panelist: Pravin U. Dugel, MD, Executive Chairman, President and CEO
  • Panel Title: From Innovation to Approval: Bringing Novel Treatments to Market

    Panel Date/Time: Saturday, June 13, 2026, 1:43 – 2:03 PM PT
    Panel Moderator: Pravin U. Dugel, MD, Executive Chairman, President and CEO

Exact presentation times may be subject to change.

About Ocular Therapeutix, Inc.

Ocular Therapeutix, Inc. is an integrated biopharmaceutical company committed to redefining the retina experience. AXPAXLI™ (also known as OTX-TKI), Ocular’s investigational product candidate for retinal disease, is an axitinib intravitreal hydrogel based on its ELUTYX™ proprietary bioresorbable hydrogel-based formulation technology. AXPAXLI is currently in Phase 3 clinical trials for wet age-related macular degeneration (wet AMD), and diabetic retinal disease, including non-proliferative diabetic retinopathy (NPDR).

Ocular’s pipeline also leverages the ELUTYX technology in its commercial product DEXTENZA®, an FDA-approved corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery in adults and pediatric patients and ocular itching associated with allergic conjunctivitis in adults and pediatric patients aged two years or older, and in its investigational product candidate OTX-TIC, which is a travoprost intracameral hydrogel that has completed a Phase 2 clinical trial for the treatment of open-angle glaucoma or ocular hypertension. Ocular is currently evaluating next steps for the OTX-TIC program.

Follow the Company on its website, LinkedIn, or X.

DEXTENZA® is a registered trademark of Ocular Therapeutix, Inc. The Ocular Therapeutix logo, AXPAXLI™, ELUTYX™, and Ocular Therapeutix™ are trademarks of Ocular Therapeutix, Inc.

Investors & Media

Ocular Therapeutix, Inc.
Bill Slattery
Vice President, Investor Relations
[email protected]