KUALA LUMPUR, April 15 (Bernama) -- Arla Foods Ingredients has announced it will showcase high-protein, nutrient-dense application concepts for users of GLP-1 anti-obesity medications at Vitafoods Europe, taking place in Barcelona from May 5 to 7.
Originally developed to treat diabetes, GLP-1 receptor agonists have reshaped the weight management market, the company said in a statement.
In 2025, 11 per cent of consumers globally and 18 per cent in the United States (US) who were actively trying to lose weight reported using them, with uptake expected to rise as availability expands, tablet formats emerge and prices fall.
However, GLP-1 use is associated with side effects. Lean muscle loss may account for up to 40 per cent of total weight lost, compared with around 25 per cent for traditional interventions, while up to 76 per cent of users report gastric discomfort and reduced appetite.
To help address these challenges, Arla Foods Ingredients has developed high-protein concepts using Nutrilac and Lacprodan BLG-100, delivering essential amino acids for muscle health in nutrient-dense formats, alongside probiotics and cultures from Novonesis to support digestive well-being.
Arla Foods Ingredients Chief Commercial Officer, Anne Widart said nutrition for GLP-1 users is a growing category, creating opportunities for dairy manufacturers.
“There is increasing demand for nutrient-dense, high-protein products in formats suited to smaller appetites. Our concepts are designed to help manufacturers respond to these evolving needs,” she added.
The company said the range includes formats tailored for reduced appetites, such as a fermented high-protein shot offering 10 grammes (g) of protein per 70 millilitres (ml) serving, which is low fat, lactose-reduced and contains no added sugar.
Other concepts include a fermented high-protein drinking yoghurt providing 20g of protein per 200ml serving, and a high-protein water-based shot for ambient storage delivering 21g of protein per 100ml serving.
Arla Foods Ingredients will also showcase two additional concepts at Vitafoods Europe, namely an aerated protein bar solution and ready-to-stir medical nutrition powder solutions.
-- BERNAMA
Wednesday, 15 April 2026
XCF Global, Southern Energy Renewables and DevvStream Sign Definitive Business Combination Agreement with Respect to Previously Announced Proposed Three-Party Merger to Create Next-Generation Energy Platform
- Creation of a next‑generation energy transition platform: The proposed transaction brings together SAF, green methanol, renewable products, environmental attribute monetization, and advanced energy infrastructure into a single, globally scalable platform.
- Integrated fuels, infrastructure, and environmental markets: The combined company is expected to link low‑carbon fuel production with carbon credits and related instruments, long‑term offtake commercialization, and infrastructure development.
- Supports customer decarbonization strategies: By combining scalable low‑carbon fuels with environmental attribute monetization, the platform helps airlines and corporate customers address regulatory and sustainability requirements with greater flexibility.
HOUSTON & CALGARY, Alberta, April 15 (Bernama-BUSINESS WIRE) -- XCF Global, Inc. (Nasdaq: SAFX) (“XCF”), a key player in decarbonizing the aviation industry through sustainable aviation fuel (“SAF”), and DevvStream Corp. (NASDAQ: DEVS) (“DevvStream”), a leading carbon management and environmental-asset monetization firm, today announced the execution of a definitive Business Combination Agreement with Southern Energy Renewables Inc. (“Southern”), an important next milestone in the three parties’ previously announced initiative to establish a combined energy transition platform designed to develop and scale sustainable aviation fuel (“SAF”), green methanol, renewable products, and next-generation low-carbon energy infrastructure, while embedding environmental attribute monetization across the value chain. This platform will be able to compete with China and the world on providing fuels and other products without subsidies. The transaction remains subject to customary closing conditions as well as the other terms, closing conditions and termination events (including failure to timely receive the applicable fairness opinions) set forth in the Business Combination Agreement.
The combined company is being formed with the objective of building a multi-asset, globally scalable alternative energy platform. The platform is expected to integrate low-carbon fuels, including SAF, methanol, renewable products, and methanol-to-jet fuel pathways; environmental attribute monetization, including carbon credits and related instruments; advanced energy systems, including small modular nuclear reactors (“SMRs”) to power fuel production and AI data centers; and infrastructure development together with long-term offtake commercialization.
The parties believe the platform has the potential to achieve substantial scale and has significant long-term growth potential across fuel production, infrastructure and environmental markets.
Transaction Structure
The transaction will be executed through a series of mergers and restructuring steps. DevvStream will domesticate from Alberta to Delaware prior to closing. XCF will acquire 100% of DevvStream and Southern through merger subsidiaries, and DevvStream and Southern will each survive as wholly owned subsidiaries of XCF. Existing shareholders of DevvStream and Southern will receive shares of XCF common stock.
Following closing, ownership of the combined company is expected to be approximately 66.7% for existing XCF shareholders, 23.3% for Southern shareholders, and 10.0% for DevvStream shareholders.
Capital Formation and Infrastructure Investment
As part of the transaction, XCF has been investing ~$10 million into the buildout and conversion of its New Rise Reno facility to support SAF production and blending capacity. The platform is designed to support large-scale fuel production and commercialization, including long-term offtake agreements. Southern is also expected to pursue up to $400 million in bond financing to support infrastructure expansion.
The combined company is also targeting (and the transaction is conditioned upon the achievement of) key operational milestones, including annualized fuel-related revenues exceeding $1 billion, minimum annualized EBITDA of $100 million.
Strategic Rationale
The combination brings together complementary capabilities across the energy and sustainability value chain. DevvStream contributes environmental asset development, carbon credit generation and monetization capabilities. Southern contributes product diversification, technology development, and clean end products that compete with traditional end products. XCF contributes platform-level capital markets access and an alternative energy investment strategy. For customers, this integrated platform is designed to expand access to lower-carbon, non-fossil-based fuel solutions while providing greater flexibility in how emissions reductions are achieved and verified, helping airlines and corporate customers meet regulatory, compliance, and decarbonization objectives across diverse markets and feedstock pathways.
Together, the parties believe the combined company will be positioned to accelerate deployment of renewable and distributed energy infrastructure, scale the generation and monetization of environmental assets, and deliver integrated, financeable sustainability solutions to global markets.
Leadership Commentary
Chris Cooper, Chief Executive Officer of XCF Global, added, “Our goal is to build one of the most comprehensive alternative energy platforms in the market, combining production, power, and monetization. This transaction accelerates that vision. For airlines and corporate customers, this means greater access to scalable SAF solutions, paired with high-integrity environmental attributes that support compliance, reporting, and long-term decarbonization goals across diverse markets.”
Sunny Trinh, Chief Executive Officer of DevvStream, commented, “This transaction establishes a platform with the scale, integration, and ambition to compete globally in the energy transition. We are aligning infrastructure, fuels, and environmental markets into a single, scalable business model.”
Jay Patel, Chief Executive Officer of Southern Energy Renewables, commented, “Southern’s ability to bring the next generation of technology and projects to help provide clean products without the need of government subsidies is a true gamer changer. Together we plan to bring energy independence and support the domestic supply chain with a diversified product portfolio. The great thing about this platform is that we will be able to compete with China and the rest of the world; too long has China been able to set the benchmark products used worldwide.”
Approvals and Closing Conditions
The transaction is subject to shareholder approvals, SEC registration statement effectiveness on Form S-4, stock exchange approvals including Nasdaq listing, completion of financing, plant conversion and commercial milestones and fairness opinions.
About XCF Global, Inc.
XCF Global, Inc. (“XCF”) (Nasdaq: SAFX) is an emerging sustainable aviation fuel company dedicated to accelerating the aviation industry’s transition to net-zero emissions. Our flagship facility, New Rise Reno, has a permitted nameplate production capacity of 38 million gallons per year, positioning XCF as an early mover among large-scale SAF producers in North America. XCF is working to advance a pipeline of potential expansion opportunities in Nevada, North Carolina, and Florida, and to build partnerships across the energy and transportation sectors to scale SAF globally. XCF is listed on the Nasdaq Capital Market and trades under the ticker, SAFX.
To learn more go to XCF.Global
About DevvStream
DevvStream (Nasdaq: DEVS) is a carbon management company focused on the development, investment, and sale of environmental assets worldwide, including carbon credits and renewable energy certificates.
About Southern Energy Renewables
Southern Energy Renewables Inc. is a U.S.-based clean fuels, chemicals and products developer focused on advancing large-scale biomass-to-fuels projects. These projects are designed to produce carbon-negative SAF and green methanol, supported by integrated carbon capture and sequestration.
Additional Information and Where to Find It
In connection with the proposed business combination transaction among XCF, DevvStream and Southern, XCF will prepare and file relevant materials with the Securities and Exchange Commission (the “SEC”), including a registration statement on Form S-4 that will contain preliminary proxy statements of DevvStream and XCF that also constitutes a prospectus of XCF (the “Proxy Statements/Prospectus”). A definitive proxy statement is expected to be mailed to stockholders of DevvStream and XCF as of a record date to be established for voting on the proposed business combination transaction and other matters as described in the Proxy Statements/Prospectus. DevvStream, XCF and Southern may also file other documents with the SEC and Canadian securities regulatory authorities regarding the proposed transaction. This communication is not a substitute for any proxy statement, registration statement or prospectus, or any other document that DevvStream and Southern (as applicable) may file with the SEC or Canadian securities regulatory authorities in connection with the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS OF DEVVSTREAM ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENTS/PROSPECTUS WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED BY DEVVSTREAM OR SOUTHERN WITH THE SEC OR CANADIAN SECURITIES REGULATORY AUTHORITIES, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION, WHEN THEY BECOME AVAILABLE BECAUSE THESE DOCUMENTS CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. DevvStream’s investors and security holders will be able to obtain free copies of the Proxy Statement/Prospectus (when they become available), as well as other filings containing important information about DevvStream, Southern, and other parties to the proposed transaction, without charge through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by (i) XCF will be available free of charge under the tab “Financials” on the “Investors” page of the XCF’s website at https://xcf.global/investor-relations/financials/sec-filings/ or by contacting the XCF’s Investor Relations Department at safx@xcf.global and (ii) DevvStream will be available free of charge under the tab “Financials” on the “Investor Relations” page of DevvStream’s website at www.devvstream.com/investors/ or by contacting DevvStream’s Investor Relations Department at ir@devvstream.com.
Participants in the Solicitation
DevvStream, Southern, XCF, EEME and their respective directors and certain of their respective executive officers and employees may be deemed to be participants in the solicitation of proxies from DevvStream’s and XCF’s stockholders in connection with the proposed transaction. Information regarding directors and executive officers of (i) XCF is contained in a Current Report on Form 8-K/A, filed with the SEC on October 31, 2025, its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 31, 2026, and in other documents subsequently filed with the SEC and (ii) DevvStream is contained in DevvStream’s proxy statement for its 2025 annual meeting of stockholders, filed with the SEC on November 18, 2025 and in other documents subsequently filed with the SEC. Additional information regarding the participants in the proxy solicitations and a description of their direct or indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement/Prospectus and other relevant materials filed with the SEC (when they become available). These documents can be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This press release is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties, including statements regarding the proposed transactions contemplated by the business combination agreement, the anticipated structure, timing and conditions of the proposed transaction, the anticipated completion of the plant conversion, the achievement of specified financial and operational milestones (including annualized blended fuel product revenues in excess of $1.0 billion and minimum annualized EBITDA of $100 million), the anticipated issuance of state-supported bonds by Southern, the valuation the parties are aiming to achieve. All statements, other than statements of historical facts, are forward-looking statements, including: statements regarding the expected timing, structure and terms of the proposed transaction; the ability of the parties to complete the proposed transaction considering the various closing conditions; the expected benefits of the proposed transaction; legal, economic, and regulatory conditions; and any assumptions underlying any of the foregoing. Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words “aim,” “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “plan,” “could,” “would,” “project,” “predict,” “continue,” “target,” “objective,” “goal,” “designed,” or the negatives of these words or other similar terms or expressions that concern XCF’s, DevvStream’s, or Southern’s expectations, strategy, priorities, plans, or intentions. Forward-looking statements are based upon current plans, estimates, expectations, and assumptions that are subject to risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by such forward-looking statements.
We can give no assurance that such plans, estimates, or expectations will be achieved, and therefore, actual results may differ materially from any plans, estimates, or expectations in such forward-looking statements.
Forward-looking statements are based on current expectations, estimates, assumptions and projections and involve known and unknown risks and uncertainties that may cause actual results, developments or outcomes to differ materially from those expressed or implied by such statements. Important factors that could cause actual results, developments or outcomes to differ materially include, among others: (1) changes in domestic and foreign business, market, financial, political, regulatory and legal conditions; (2) the risk that the plant conversion is delayed, not completed on the anticipated timeline, or requires additional capital beyond current expectations; (3) the risk that XCF is unable to achieve the specified annualized revenue and EBITDA thresholds, which depend in significant part on XCF’s business performance, operating results, market demand, execution capabilities, and other factors; (4) the risk that Southern does not receive authorization to issue up to $400 million of bonds, that such bonds are delayed, issued on less favorable terms, or not issued at all; (5) the risk that XCF is unable to obtain or maintain compliance with applicable Nasdaq continued listing standards, including regaining compliance with $1.00 minimum bid price requirement, which could result in delisting if compliance is not regained within applicable cure periods; (6) the inability to satisfy or waive the closing conditions contemplated by the business combination agreement; (7) the occurrence of events, changes or other circumstances that could give rise to the termination of the business combination agreement, or that could result in disputes or litigation relating to the interpretation, enforceability or performance of the business combination agreement; (8) the outcome of any legal proceedings that may be instituted against XCF, DEVS, Southern, EEME or their respective affiliates, which could be costly, time-consuming, divert management attention and adversely affect liquidity or financial condition; (9) uncertainty with respect to the scope, timing or completion of due diligence by any party and each party’s satisfaction therewith; (10) uncertainty regarding valuations, capital structure, financing arrangements, equity ownership, or the allocation of economic interests contemplated by the business combination agreement, including the risk that, in the event the proposed transaction closes, the parties may never achieve their aim of creating a $3.0 billion combined enterprise (as of the date hereof this statement only represents an objective that the parties intend to achieve on a future date and such objective has not in the past and may never in the future be achieved); (11) changes to the structure, timing or terms of any proposed transaction that may be required or deemed appropriate as a result of applicable laws, regulations, accounting considerations, stock exchange requirements or regulatory guidance; (12) the risk that required regulatory, governmental, stock exchange or shareholder approvals are not obtained, are delayed or are subject to conditions that could adversely affect the parties or the expected benefits of any contemplated transaction; (13) the risk that the announcement of the business combination agreement or the pursuit of the contemplated transactions disrupts current plans, operations or relationships of XCF, DEVS or Southern; (14) the risk that anticipated benefits of any contemplated transaction are not realized due to competition, execution challenges, market conditions, or the inability to grow and manage operations profitably; (15) costs, expenses and management distraction associated with the potential litigation and any contemplated transactions; (16) changes in applicable laws, regulations or enforcement priorities, including extensive regulation and compliance obligations applicable to the parties’ businesses; and (17) other economic, business, competitive, operational or financial factors beyond management’s control, including those set forth in (i) XCF's filings with the SEC, including the final proxy statement/prospectus relating to the Business Combination filed with the SEC on February 6, 2025, this Press Release and other filings XCF made or will make with the SEC in the future and (ii) DevvStream’s Form 10-K for the fiscal year ended July 31, 2025, filed with the SEC on November 6, 2025, and subsequent reports filed with SEC and Canadian securities regulatory authorities available on DevvStream’s profile at www.sedarplus.ca.
Although the business combination agreement is binding on the parties, it does not obligate the parties to consummate the proposed transaction. The consummation of the proposed transaction remains subject to the satisfaction or waiver of applicable closing conditions, and the business combination agreement may be terminated in accordance with its terms. There can be no assurance that the proposed transaction will be consummated on the terms described herein or at all. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are not guarantees of future performance or outcomes.
Any forward-looking statements speak only as of the date of this press release. Neither DevvStream, XCF, Southern or EEME undertakes any obligation to update any forward-looking statements, whether as a result of new information or developments, future events, or otherwise, except as required by law. Neither future distribution of this press release nor the continued availability of this press release in archive form on DevvStream’s website at www.devvstream.com/investors/ or XCF’s website at www.xcf.global/investor-relations should be deemed to constitute an update or re-affirmation of these statements as of any future date.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260414958840/en/
Contact
Investor Relations Contact
DevvStream: ir@devvstream.com
XCF: media@xcf.global
Southern: info@southernenergyrenew.com
Source : DevvStream Corp.
Tuesday, 14 April 2026
Abaxx Exchange Recognized as Organised Market Place by ACER
TORONTO, April 14 (Bernama-GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), today announced that Abaxx Exchange has registered as an Organised Market Place (“OMP”) with the European Union Agency for the Cooperation of Energy Regulators (“ACER”) as of April 8, 2026.
This registration enables Abaxx Exchange to meet reporting obligations under the European Union’s Regulation on Wholesale Energy Market Integrity and Transparency (“EU REMIT”).
The EU REMIT framework (Regulation (EU) No. 1227/2011) establishes requirements for transparency and integrity in wholesale energy markets. As amended by EU REMIT II (Regulation (EU) No. 1106/2024), the framework introduces a mandatory registration requirement for Organised Market Places and standardized reporting requirements for trading activity on such venues.
Abaxx’s OMP registration will provide European market participants access to the only physically deliverable liquefied natural gas (LNG) futures contract linked to regional import flows, in compliance with EU REMIT, ahead of updated reporting requirements in 2026. This compliance framework extends to any future products introduced by Abaxx Exchange which may fall within the scope of EU REMIT, including derivatives related to electricity, hydrogen, and natural gas, as well as their transportation and storage within the European Union, if and when such products are listed.
Abaxx Exchange has engaged Equias B.V., the largest Registered Reporting Mechanism for REMIT compliance, to provide reporting services to its market participants.
To view a list of registered Organised Market Places, please visit acer-remit.eu/portal/organised-marketplaces.
About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure Inc.
Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.
Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.
Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.
For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media
For more information about this press release, please contact:
Steve Fray, CFO
Tel: +1 647-490-1590
Media and investor inquiries:
Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech
Cautionary Statement Regarding Forward-Looking Information
This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.
In particular, this press release contains forward-looking statements including, without limitation, Abaxx’s objectives and future plans, anticipated reporting obligations under the EU Remit, development and expansion of Abaxx’s market infrastructure and Abaxx’s role in the development of commodities and energy markets. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: the failure of energy markets and collateral use cases to develop according to the expectations of Abaxx; operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in global weather patterns; changes in the price of commodities, capital market conditions, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management’s discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.
Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.
SOURCE: Abaxx Technologies Inc.
This registration enables Abaxx Exchange to meet reporting obligations under the European Union’s Regulation on Wholesale Energy Market Integrity and Transparency (“EU REMIT”).
The EU REMIT framework (Regulation (EU) No. 1227/2011) establishes requirements for transparency and integrity in wholesale energy markets. As amended by EU REMIT II (Regulation (EU) No. 1106/2024), the framework introduces a mandatory registration requirement for Organised Market Places and standardized reporting requirements for trading activity on such venues.
Abaxx’s OMP registration will provide European market participants access to the only physically deliverable liquefied natural gas (LNG) futures contract linked to regional import flows, in compliance with EU REMIT, ahead of updated reporting requirements in 2026. This compliance framework extends to any future products introduced by Abaxx Exchange which may fall within the scope of EU REMIT, including derivatives related to electricity, hydrogen, and natural gas, as well as their transportation and storage within the European Union, if and when such products are listed.
Abaxx Exchange has engaged Equias B.V., the largest Registered Reporting Mechanism for REMIT compliance, to provide reporting services to its market participants.
To view a list of registered Organised Market Places, please visit acer-remit.eu/portal/organised-marketplaces.
About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.
In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiaries Abaxx Spot Pte. Ltd. and Adaptive Infrastructure Inc.
Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.
Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.
Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.
For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media
For more information about this press release, please contact:
Steve Fray, CFO
Tel: +1 647-490-1590
Media and investor inquiries:
Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: ir@abaxx.tech
Cautionary Statement Regarding Forward-Looking Information
This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.
In particular, this press release contains forward-looking statements including, without limitation, Abaxx’s objectives and future plans, anticipated reporting obligations under the EU Remit, development and expansion of Abaxx’s market infrastructure and Abaxx’s role in the development of commodities and energy markets. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: the failure of energy markets and collateral use cases to develop according to the expectations of Abaxx; operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in global weather patterns; changes in the price of commodities, capital market conditions, restrictions on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management’s discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.
Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.
SOURCE: Abaxx Technologies Inc.
Dive Into the Beat of Songkran: Where Music, Water, and Global Culture Collide
EBC Financial Group celebrates the spirit of Thailand’s most iconic festival as an official sponsor of the S2O Songkran Music Festival 2026
BANGKOK, April 14 (Bernama-GLOBE NEWSWIRE) -- There is a moment each April when Bangkok comes alive in a way that nowhere else on earth can match. Streets flood with colour and water. Music thunders through open-air stages. Strangers become friends in seconds. That moment is Songkran and this year, EBC Financial Group (“EBC”) is proud to celebrate it as an official sponsor of the S2O Songkran Music Festival 2026.
The sponsorship reflects EBC’s long-standing commitment to supporting vibrant cultural traditions in the communities where it operates. One of Asia’s most celebrated water-and-music festivals, S2O has grown into a global symbol of Thai cultural identity – a fusion of centuries-old tradition and world-class contemporary entertainment that draws thousands of international and local attendees each year.
A Broker That Shows Up Where Its Community Lives
As the Official Foreign Exchange Partner of FC Barcelona, EBC stands alongside one of the world’s most iconic sporting institutions. It connects with millions of football fans across Asia, Latin America, the Middle East, and Africa through a shared belief in teamwork, ambition, and excellence. Through its ongoing collaboration with the University of Oxford’s Department of Economics, this World’s Best Brokerage, according to World Finance in 2023-2025, helps bring world-class economic thinking to a global audience, making financial and economic literacy more accessible and inclusive. And as a partner of the United Nations Foundation’s United to Beat Malaria campaign, now in its second year, EBC invests in the health and equity of the communities it serves – because a broker’s responsibility does not end at the trading screen.
Supporting S2O is the natural next chapter in that story. Where FC Barcelona channels the thrill of competition, Oxford sharpens the mind, and the UN Foundation protects the most vulnerable, S2O celebrates culture, joy, and the spirit of coming together. For a broker that has always believed in showing up meaningfully in the communities it serves, Songkran is the perfect stage.
Celebrating Thai Culture on a Global Stage
Songkran is more than a holiday. It is a living expression of Thai generosity, renewal, and togetherness: values that resonate far beyond Thailand’s borders. The S2O Songkran Music Festival has become a powerful ambassador for that spirit, introducing the world to a celebration that is joyful, inclusive, and unmistakably Thai.
For EBC, the opportunity to be part of that story is significant. Thailand’s cultural richness and creative energy have long made it one of Southeast Asia’s most dynamic societies. By supporting a festival that amplifies Thai traditions for a global audience, EBC honours the culture of a country that holds an important place in its regional presence – and reinforces its belief that the communities it operates in deserve to be celebrated, not just served.
Beyond the Screen, Into the Moment
At its core, this sponsorship reflects what kind of broker EBC chooses to be – one that deeply connects with the people in every region it serves, shares their passions, supports what they love, and encourages them to live fully. Songkran, with its energy, its warmth, and its tradition of bringing people together, is the perfect expression of that ambition.
As the countdown to Songkran begins, EBC looks forward to standing alongside the thousands of festival-goers who will gather at S2O Land Bangkok this April, not as a brand on a billboard, but as part of the celebration itself. Some of the best partnerships, after all, are built not in boardrooms but in the moments people remember.
For more analysis from EBC, visit: www.ebc.com.
Disclaimer: This material is for information only and does not constitute a recommendation or advice from EBC Financial Group and all its entities ("EBC"). Trading Forex and Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Losses can exceed your deposits. Before trading, you should carefully consider your trading objectives, level of experience, and risk appetite, and consult an independent financial advisor if necessary. Statistics or past investment performance are not a guarantee of future performance. EBC is not liable for any damages arising from reliance on this information.
About EBC Financial Group
Founded in London, EBC Financial Group (“EBC”) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, South Africa and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.
Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.
EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia's Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC); EBC Financial Group SA (Pty) Ltd is authorised and regulated by the Financial Sector Conduct Authority (FSCA).
At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.
EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Department of Economics at the University of Oxford, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.
https://www.ebc.com/
Media Contact:
Ginny Dang
Public Relations Executive
Ginny.dang@ebc.com
Aldric Tinker
Global Public Relations Lead
aldric.tinker@ebc.com
SOURCE: EBC Tech Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
BANGKOK, April 14 (Bernama-GLOBE NEWSWIRE) -- There is a moment each April when Bangkok comes alive in a way that nowhere else on earth can match. Streets flood with colour and water. Music thunders through open-air stages. Strangers become friends in seconds. That moment is Songkran and this year, EBC Financial Group (“EBC”) is proud to celebrate it as an official sponsor of the S2O Songkran Music Festival 2026.
The sponsorship reflects EBC’s long-standing commitment to supporting vibrant cultural traditions in the communities where it operates. One of Asia’s most celebrated water-and-music festivals, S2O has grown into a global symbol of Thai cultural identity – a fusion of centuries-old tradition and world-class contemporary entertainment that draws thousands of international and local attendees each year.
A Broker That Shows Up Where Its Community Lives
As the Official Foreign Exchange Partner of FC Barcelona, EBC stands alongside one of the world’s most iconic sporting institutions. It connects with millions of football fans across Asia, Latin America, the Middle East, and Africa through a shared belief in teamwork, ambition, and excellence. Through its ongoing collaboration with the University of Oxford’s Department of Economics, this World’s Best Brokerage, according to World Finance in 2023-2025, helps bring world-class economic thinking to a global audience, making financial and economic literacy more accessible and inclusive. And as a partner of the United Nations Foundation’s United to Beat Malaria campaign, now in its second year, EBC invests in the health and equity of the communities it serves – because a broker’s responsibility does not end at the trading screen.
Supporting S2O is the natural next chapter in that story. Where FC Barcelona channels the thrill of competition, Oxford sharpens the mind, and the UN Foundation protects the most vulnerable, S2O celebrates culture, joy, and the spirit of coming together. For a broker that has always believed in showing up meaningfully in the communities it serves, Songkran is the perfect stage.
Celebrating Thai Culture on a Global Stage
Songkran is more than a holiday. It is a living expression of Thai generosity, renewal, and togetherness: values that resonate far beyond Thailand’s borders. The S2O Songkran Music Festival has become a powerful ambassador for that spirit, introducing the world to a celebration that is joyful, inclusive, and unmistakably Thai.
For EBC, the opportunity to be part of that story is significant. Thailand’s cultural richness and creative energy have long made it one of Southeast Asia’s most dynamic societies. By supporting a festival that amplifies Thai traditions for a global audience, EBC honours the culture of a country that holds an important place in its regional presence – and reinforces its belief that the communities it operates in deserve to be celebrated, not just served.
Beyond the Screen, Into the Moment
At its core, this sponsorship reflects what kind of broker EBC chooses to be – one that deeply connects with the people in every region it serves, shares their passions, supports what they love, and encourages them to live fully. Songkran, with its energy, its warmth, and its tradition of bringing people together, is the perfect expression of that ambition.
As the countdown to Songkran begins, EBC looks forward to standing alongside the thousands of festival-goers who will gather at S2O Land Bangkok this April, not as a brand on a billboard, but as part of the celebration itself. Some of the best partnerships, after all, are built not in boardrooms but in the moments people remember.
For more analysis from EBC, visit: www.ebc.com.
Disclaimer: This material is for information only and does not constitute a recommendation or advice from EBC Financial Group and all its entities ("EBC"). Trading Forex and Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Losses can exceed your deposits. Before trading, you should carefully consider your trading objectives, level of experience, and risk appetite, and consult an independent financial advisor if necessary. Statistics or past investment performance are not a guarantee of future performance. EBC is not liable for any damages arising from reliance on this information.
About EBC Financial Group
Founded in London, EBC Financial Group (“EBC”) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, South Africa and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.
Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.
EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia's Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC); EBC Financial Group SA (Pty) Ltd is authorised and regulated by the Financial Sector Conduct Authority (FSCA).
At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.
EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Department of Economics at the University of Oxford, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.
https://www.ebc.com/
Media Contact:
Ginny Dang
Public Relations Executive
Ginny.dang@ebc.com
Aldric Tinker
Global Public Relations Lead
aldric.tinker@ebc.com
SOURCE: EBC Tech Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Friday, 10 April 2026
IFLYTEK SHOWCASES AI TRANSLATION DEVICES AT GITEX ASIA 2026
KUALA LUMPUR, April 10 (Bernama) -- iFLYTEK showcased its latest artificial intelligence (AI) translation devices, including AI Glasses and the AI Interpret Mic, at GITEX ASIA 2026, highlighting its expanding portfolio of AI-powered communication solutions.
In a statement, the company said it demonstrated how its large-model AI technology enables accurate, secure and scalable multilingual interactions across business and everyday scenarios.
“Clear communication is the cornerstone of global collaboration. With our AI translation technologies, we are helping people and businesses connect with greater clarity and confidence worldwide,” said iFLYTEK Vice President, Vincent Zhan.
The new AI Glasses support real-time face-to-face translation with a first-of-its-kind multimodal noise reduction with lip-reading recognition, while the AI Interpret Mic is designed for professional conferences, offering simultaneous interpretation integrated with event systems.
Beyond these devices, iFLYTEK presented a broader ecosystem of AI translation tools spanning office productivity, travel and large-scale events. These include AI-powered transcription solutions, translation earbuds, smart translators and enterprise-level interpretation systems, all aimed at enabling seamless cross-language communication.
The portfolio reflects iFLYTEK’s strategy to build a full-scenario AI translation framework, leveraging its long-standing expertise in speech and language technologies to support global collaboration.
The solutions are being showcased at GITEX ASIA 2026, where iFLYTEK is also presenting its broader AI infrastructure and enterprise applications.
-- BERNAMA
In a statement, the company said it demonstrated how its large-model AI technology enables accurate, secure and scalable multilingual interactions across business and everyday scenarios.
“Clear communication is the cornerstone of global collaboration. With our AI translation technologies, we are helping people and businesses connect with greater clarity and confidence worldwide,” said iFLYTEK Vice President, Vincent Zhan.
The new AI Glasses support real-time face-to-face translation with a first-of-its-kind multimodal noise reduction with lip-reading recognition, while the AI Interpret Mic is designed for professional conferences, offering simultaneous interpretation integrated with event systems.
Beyond these devices, iFLYTEK presented a broader ecosystem of AI translation tools spanning office productivity, travel and large-scale events. These include AI-powered transcription solutions, translation earbuds, smart translators and enterprise-level interpretation systems, all aimed at enabling seamless cross-language communication.
The portfolio reflects iFLYTEK’s strategy to build a full-scenario AI translation framework, leveraging its long-standing expertise in speech and language technologies to support global collaboration.
The solutions are being showcased at GITEX ASIA 2026, where iFLYTEK is also presenting its broader AI infrastructure and enterprise applications.
-- BERNAMA
Horizon Quantum and IonQ Enter into Strategic Agreement to Unlock Quantum Potential
This photo depicts a current trapped ion system from IonQ. The system to be delivered to Horizon will be IonQ’s next-generation 256-qubit technology
Horizon Quantum To Acquire IonQ 256-Qubit Trapped-Ion System
SINGAPORE & COLLEGE PARK, Md., April 10 (Bernama-BUSINESS WIRE) -- Horizon Quantum Holdings Ltd. (“Horizon Quantum”), a pioneer of software infrastructure for quantum applications and IonQ — the world’s leading quantum platform company — today announced a strategic agreement. Horizon Quantum will purchase one of IonQ’s first 6th-generation, chip-based 256-qubit trapped-ion systems, in furtherance of Horizon Quantum’s mission to unlock the full potential of quantum computing with its software platform. The acquisition of the 256-qubit system marks a further step in Horizon Quantum’s efforts to enable broad quantum advantage.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260409584530/en/
IonQ’s 256-qubit system is designed to provide researchers and developers significantly more computing capacity to explore complex problems, with its microwave gate operations and 99.99% gate fidelity, while producing more accurate and reliable solutions using Horizon Quantum’s real-world software infrastructure. The forthcoming IonQ system will be designed so all of its qubits can work together efficiently from its “all-to-all connectivity” and parallel operations enabling a broader range of calculations with greater flexibility.
With this technology, Horizon Quantum plans to expand the capabilities of its quantum hardware testbed beyond the initial superconducting system with a second, technologically distinct hardware modality. Horizon Quantum will be among only a few efforts globally to operate commercial systems of multiple modalities, which will allow Horizon Quantum to make further progress towards its goal of building the most capable, hardware-agnostic environment for quantum software development. Horizon Quantum intends to expand support for trapped-ion systems in Triple Alpha, along with enhancing the real-time runtime capabilities within its execution infrastructure. This is expected to enable advanced functionality, including general control flow, dynamic memory allocation, and concurrent classical/quantum function evaluation, empowering developers to go beyond the limits of static circuit execution and create adaptive, expressive quantum programs. By tightly integrating Triple Alpha with frontier quantum computing systems, Horizon Quantum aims to ensure that its software infrastructure provides developers with the most direct path to broad quantum advantage.
“I could not be more delighted to be working with IonQ to bring trapped ion and world-leading gate fidelities to our testbed,” said Horizon Quantum Founder and CEO Dr Joe Fitzsimons. “Bringing a state-of-the-art system with the capabilities of hundreds of qubits will provide an important and cutting-edge resource to bear in our quest to unlock broad quantum advantage for developers.”
About Horizon Quantum
Horizon Quantum [Nasdaq: HQ] is on a mission is to unlock broad quantum advantage by building software infrastructure that empowers developers to use quantum computing to solve the world’s toughest computational problems. Founded in 2018 by Dr Fitzsimons, a leading researcher and former professor with more than two decades of experience in quantum computing, Horizon Quantum seeks to bridge the gap between today’s quantum hardware and tomorrow’s applications through the creation of advanced software development tools. Its integrated development environment, Triple Alpha, enables developers to write sophisticated, hardware-agnostic quantum programs at multiple levels of abstraction. Learn more at www.horizonquantum.com.
About IonQ
IonQ, Inc. [NYSE: IONQ] is the world’s leading quantum platform and merchant supplier - delivering integrated quantum solutions across computing, networking, sensing, and security. IonQ’s newest generation of quantum computers, the forthcoming IonQ Tempo, will be the latest in a line of cutting-edge systems that have been helping customers and partners including Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results and accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. In 2025, the company achieved 99.99% two-qubit gate fidelity, setting a world record in quantum computing performance.
Headquartered in College Park, Maryland, IonQ has operations in California, Colorado, Massachusetts, Tennessee, Washington, Italy, South Korea, Sweden, Switzerland, Toronto, and the United Kingdom. Our quantum computing services are available through all major cloud providers, while we also meet the needs of networking and sensing customers across land, sea, air, and space. IonQ is making quantum platforms more accessible and impactful than ever before. Learn more at IonQ.com.
Note to Investors Regarding Forward-Looking Statements
This press release includes forward-looking statements. The expectations, estimates, and projections of the businesses of Horizon Quantum and IonQ may differ from their actual results and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “anticipate,” “intend,” “may,” “will,” “could,” “should,” “potential,” “plan” “enable,” and similar expressions are intended to identify such forward-looking statements. Actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and Horizon Quantum and IonQ therefore caution against placing undue reliance on any of these forward- looking statements. Many of these factors are outside of the control of Horizon Quantum and IonQ and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) statements regarding estimates and forecasts of other financial, performance and operational metrics and projections of market opportunity; (2) references with respect to the anticipated benefits of the strategic relationship with IonQ; (3) the outcome of any efforts to integrate IonQ’s trapped-ion technology with Horizon Quantum’s software infrastructure; (4) Horizon Quantum’s ability to scale and grow its business, and the advantages and expected growth of Horizon Quantum; (5) the cash position of Horizon Quantum; (6) the ability to recognize the anticipated benefits of the recently completed business combination with dMY Squared Technology Group, Inc., which may be affected by, among other things, competition, the ability of Horizon Quantum to grow and manage growth profitably and source and retain its key employees; (7) costs related to the strategic relationship with IonQ; (8) changes in applicable laws and regulations or political and economic developments; (9) the possibility that Horizon Quantum may be adversely affected by other economic, business and/or competitive factors; (10) Horizon Quantum’s estimates of expenses and profitability; (11) difficulties operating Horizon Quantum’s quantum processors and the possibility that the quantum processors do not provide the advantages that Horizon Quantum expects; (12) the ability of Horizon Quantum to integrate access to its quantum computing test bed, including IonQ’s technology, within its Triple Alpha platform; (13) the ability of Horizon Quantum’s coding languages to provide additional abstraction when compared to other quantum computing solutions; (14) the entry into the Quantum Systems Agreement, dated March 31, 2026 among Horizon Quantum and IonQ, Inc. (the “IonQ Agreement”), and Horizon Quantum’s ability to recognize the benefits of the IonQ Agreement; (15) the ability to maintain the listing of Horizon Quantum’s Class A ordinary shares and warrants on Nasdaq; and (16) other risks and uncertainties included in the “Risk Factors” sections of the Registration Statement on Form F-4 filed by Horizon Quantum in connection with the Business Combination, other documents filed or to be filed with the SEC by Horizon Quantum, and those described under the heading “Risk Factors” in IonQ’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC. The foregoing list of factors is not exclusive. New risks emerge from time to time, and it is not possible for management to predict all risks, nor can management assess the impact of all factors on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. Horizon Quantum and IonQ do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260409584530/en/
Contact
Horizon Quantum media contact
Yanina Blaclard
media@horizonquantum.com
Horizon Quantum investor contact
Katherine Bailon
investors@horizonquantum.com
IonQ media contacts
Cheryl Krauss
cheryl.krauss@ionq.co
Tor Constantino
tor.constantino@ionq.co
IonQ investor contact
investors@ionq.co
Source : Horizon Quantum Holdings Ltd.
iFLYTEK Showcases AI Glasses and AI Interpret Mic at GITEX ASIA 2026, Highlighting Full-Scenario AI Translation Solutions
Bridging Language Gaps with Secure, Scalable AI for Real-World Global Communication
SINGAPORE, April 10 (Bernama-GLOBE NEWSWIRE) -- iFLYTEK showcased its AI Glasses and AI Interpret Mic at GITEX ASIA 2026. Alongside the new devices, the company presented its broader AI translation portfolio, demonstrating how advanced AI helps break down language barriers and enable intelligent communication across industries and everyday life. Powered by large-model AI, the portfolio underscores iFLYTEK’s focus on delivering accurate, secure, and scalable multilingual interaction in real-world scenarios.
AI Glasses for Face-to-Face Communication
Designed for international business environments, the iFLYTEK AI Glasses integrate real-time AI vision and speech translation to support seamless multilingual interaction. The glasses feature a first-of-its-kind multimodal noise reduction system with lip-reading recognition, allowing the device to accurately identify the active speaker and filter background noise in complex, multi-person conversations. Weighing just 40 grams, about 20% lighter than comparable products, they offer a lightweight and comfortable design for all-day wear.
AI Interpret Mic for Professional Conferences
The AI Interpret Mic is a simultaneous interpretation microphone combining high-precision speech recognition with real-time translation. It is designed for multilingual conferences and integrates directly with conference systems to support synchronized cross-language communication in professional event settings.
Building a Comprehensive AI Translation Ecosystem
Beyond the newly launched devices, iFLYTEK’s AI translation capabilities extend across a wide range of real-world scenarios. In daily office settings, AINOTE integrates AI-powered recording and transcription to improve note-taking efficiency. For users on the move, iFLYTEK AI Watch offers a lightweight, always-available way to capture conversations, with built-in transcription and AI-generated summaries that turn moments into actionable insights.
For cross-language meetings and calls, AI Translation Earbuds enable natural, real-time communication. In business travel scenarios, the Smart Translator supports instant multilingual interaction. At large-scale conferences and international forums, AI Interpreta delivers enterprise-level simultaneous interpretation, while the AI Translation Screen supports public services and tourist destinations with a dual-sided transparent display showing bilingual content simultaneously. The lineup also includes the Bavvo app for everyday translation needs, as well as the AI Recorder, which further enhances productivity by converting spoken content into usable text with real-time transcription and translation.
Together, these applications reflect iFLYTEK’s strategy of building a full-scenario AI translation framework, supporting communication from individual productivity to global events.
These capabilities are built on iFLYTEK’s 26 years of expertise in speech and language technologies. Its machine translation system has completed national-level evaluation and performed strongly in international spoken-language benchmarks, reflecting the company’s continued focus on advancing secure and scalable multilingual AI.
“Clear communication is the cornerstone of global collaboration,” said Vincent Zhan, Vice President of iFLYTEK. “With our AI translation technologies, we’re helping people and businesses connect with greater clarity and confidence worldwide.”
iFLYTEK’s AI translation portfolio is showcased April 9–10 at Booth HB-A80 at GITEX ASIA 2026. Visitors can also explore the company’s AI infrastructure and AI solutions, and see how these technologies support enterprise innovation and everyday productivity.
Learn more at: https://www.iflytek.com/en/index.html
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ef73e151-100b-436b-ae85-414aa5fcc470
Media contact: Jack Zheng, jkzheng@iflytek.com
SOURCE: iFLYTEK
--BERNAMA
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