GB Railfreight and HyOrc sign MOU to Advance Rail Decarbonisation in the UK
Globenewswire· 2026-02-18 15:34
Core Insights - GB Railfreight (GBRf) has signed a Memorandum of Understanding (MOU) with HyOrc Corporation to collaborate on Project Phoenix, which aims to retrofit part of GBRf's older diesel locomotive fleet with zero-emission-ready propulsion technology [1][2] Group 1: Project Overview - Project Phoenix will scale HyOrc's validated 1MW factory system to a 3MW pilot in the UK, focusing on replacing the diesel engine of a legacy locomotive [2] - The initiative seeks to provide a low-risk pathway for transitioning freight locomotives from diesel to sustainable fuels, initially using onboard Natural Gas or LPG before moving to 100% onboard Hydrogen [3] Group 2: Strategic Benefits - A significant advantage of Project Phoenix is the potential to avoid expensive railway electrification infrastructure, thus reducing overall costs [3] - The project aligns with GBRf's commitment to sustainability and carbon reduction, allowing for the retrofitting of existing assets while introducing new bi-mode Class 99 locomotives [4] Group 3: Financial Implications - HyOrc's CFO highlighted that retrofitting existing assets allows rail operators to decarbonize immediately, potentially saving billions in new fleet costs [5] - The companies are exploring structured funding through the Connected Places Catapult Accelerator to support the initiative [5] Group 4: Company Background - GB Railfreight operates over 1,000 trains weekly and is responsible for approximately 22% of the UK's rail freight [7] - HyOrc Corporation specializes in developing patented hydrogen-capable combustion and waste-to-fuel systems for various sectors, including rail [7]
Heritage Distilling Holding Company, Inc. Changes Company Name to IP Strategy Holdings, Inc.
Globenewswire· 2026-02-18 15:30
GIG HARBOR, Wash., Feb. 18, 2026 (GLOBE NEWSWIRE) -- IP Strategy Holdings, Inc. (Nasdaq: IPST) (“IP Strategy” or the “Company”) today announced that it effected a change in its name from Heritage Distilling Holding Company, Inc. to IP Strategy Holdings, Inc., effective as of 12:01 a.m., Eastern Time, on February 18, 2026. The name change underscores IP Strategy’s strategic focus on programmable intellectual property and AI-native data networks, including its $IP token treasury and validator operations withi ...
Cosmos Health Announces Growing Momentum for C-Scrub in the United Kingdom; Now Available at Tesco, the UK’s Largest Retailer
Globenewswire· 2026-02-18 15:17
Core Viewpoint - Cosmos Health Inc. has significantly expanded its retail presence in the UK by launching its antimicrobial skin cleanser, C-Scrub, through Tesco, the largest retailer in the UK, enhancing the product's visibility and market credibility [1][3][6]. Group 1: Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada, with a portfolio of proprietary pharmaceutical and nutraceutical brands [7]. - The company manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union through its subsidiary, Cana Laboratories S.A., which is licensed under European Good Manufacturing Practices (GMP) [7]. - Cosmos Health also distributes a wide range of pharmaceuticals and parapharmaceuticals, including branded generics and OTC medications, to retail pharmacies and wholesale distributors in Greece and the UK [7]. Group 2: Product Details - C-Scrub is a powerful antiseptic wash designed to reduce bacteria and help prevent infection, supporting effective skin hygiene [5]. - The product's entry into Tesco represents a pivotal moment for the company, enhancing its retail presence and credibility in the market [6]. Group 3: Market Strategy - Expanding distribution through Tesco is a meaningful advancement in Cosmos Health's UK growth strategy, expected to drive continued momentum for C-Scrub as the company strengthens retail partnerships [3][5]. - The CEO of Cosmos Health highlighted that this milestone not only provides immediate growth opportunities for C-Scrub but also establishes a platform for the potential rollout of additional products from the company's portfolio in the UK and broader European markets [6].
Banqup and Visa enter strategic partnership to deliver integrated e-invoicing and e-payment solutions
Globenewswire· 2026-02-18 15:16
Core Insights - Banqup SA has announced a strategic partnership with Visa to enhance its business administration and payment automation platform, focusing on e-invoicing and payment solutions [1][2] Group 1: Partnership Details - The collaboration aims to address the increasing demand for integrated payment solutions due to new e-invoicing regulations across Europe, which require businesses to digitize and standardize invoice processes [2][4] - Banqup will utilize Visa's global network to offer virtual commercial cards, enabling SMEs to optimize cash flow by extending payment terms while ensuring immediate payments to suppliers [2][3] Group 2: Technological Integration - By integrating Visa's payment capabilities into the Banqup platform, customers can comply with e-invoicing and tax regulations while benefiting from advanced payment options, reducing costs and improving business insights [3][4] - The partnership is designed to simplify complex European e-invoicing regulations and administrative tasks, allowing SMEs to focus on business growth rather than compliance burdens [4][5] Group 3: Market Impact - By 2028, mandatory e-invoicing and near real-time digital reporting will be implemented across most European economies, affecting over 26 million SMEs in the EU as part of VAT reforms [5] - The partnership is positioned as a response to the fundamental changes in how money and data must move together, enhancing cash flow visibility and reducing administrative friction for businesses [5]
Competition Councils of Lithuania and Latvia have granted clearance for the sale of 100% of the shares in RUAB “Baltic Champs”
Globenewswire· 2026-02-18 15:02
On 10 February 2026, the Competition Council of the Republic of Lithuania, and on 16 February 2026, the Competition Council of Latvia, granted clearance to Global Champs, UAB (legal entity code 307494558) to implement a concentration by acquiring 100% of the shares in RUAB “Baltic Champs” (legal entity code 302942064, hereinafter – Baltic Champs) from AUGA group, AB, a company under restructuring (legal entity code 126264360, hereinafter – the “Company”). The Company continues to carry out all other actions ...
Malibu Boats Named Official Towboat of the Performance Ski & Surf Gravel Tour
Globenewswire· 2026-02-18 14:40
Core Insights - Malibu Boats has partnered as the exclusive towboat sponsor for the Performance Ski & Surf Gravel Tour, a significant grassroots wake sports tournament series, for the 2026 season [1][3] Company Overview - Malibu Boats, Inc. designs, engineers, manufactures, and markets a range of recreational powerboat brands, headquartered in Loudon, Tennessee [6] Industry Context - The Gravel Tour, founded in 1999, emphasizes grassroots competition to foster the growth of wake sports, bringing together riders of all ages and skill levels [2] - The 2026 season will feature the Malibu M230 towing riders in various divisions, highlighting the importance of performance and consistency for competitive athletes [3] Community Impact - The Gravel Tour serves as a platform for aspiring athletes, with many riders advancing to higher levels of competition after participating in grassroots events [4] - The tour fosters community and family involvement, with an emphasis on building friendships among participants and their families [5]
EuroDry Ltd. Sets Date for the Release of Fourth Quarter 2025 Results, Conference Call and Webcast
Globenewswire· 2026-02-18 14:40
Core Viewpoint - EuroDry Ltd. is set to release its financial results for the fourth quarter ended December 31, 2025, on February 19, 2026, after market closes in New York [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and webcast on February 20, 2026, at 8:00 a.m. Eastern Time [2] - Participants can join the call by dialing in 10 minutes before the scheduled time using specific numbers provided [3] - An audio webcast of the conference call will be available live and archived on the company's website [5] Group 2: Company Overview - EuroDry Ltd. was formed on January 8, 2018, to consolidate the drybulk fleet of Euroseas Ltd. into a separate public company and trades on NASDAQ under the ticker EDRY [7] - The company operates in the dry cargo, drybulk shipping market, managed by Eurobulk Ltd., which handles day-to-day operations [8] - EuroDry has a fleet of 11 vessels with a total cargo capacity of 766,420 dwt, and plans to expand to 13 vessels with a capacity of 893,420 dwt after the delivery of two Ultramax vessels in 2027 [9]
Visionary Holdings (Nasdaq: GV) Establishes Three Wholly Owned Subsidiaries in Qingdao, Wuxi and Wuhu, Advancing Commercial Expansion in China
Globenewswire· 2026-02-18 14:31
HONG KONG, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Visionary Holdings Inc. (“GV” or the “Company”) (Nasdaq: GV), a technology-driven multinational enterprise, today announced that its wholly owned subsidiary, Visionary Health Technology Group Limited, has established three new regional wholly owned subsidiaries in Qingdao, Wuxi and Wuhu, China. These subsidiaries are primarily dedicated to localized market expansion, institutional partnerships, and frontline sales execution for GV’s regenerative medicine, cellula ...
TG-17, Inc. Announces Corporate Name Change to Our Bond, Inc. to Align with Brand as Company Expands Sales and Marketing Initiatives Globally
Globenewswire· 2026-02-18 14:30
Name Change Reflects Company’s Continued Focus on Scaling Awareness of Its AI-Powered Preventative Personal Security PlatformNEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- TG-17, Inc. (the “Company”) (Nasdaq: OBAI), the creator of the world’s first AI-powered Preventative Personal Security platform which is already widely adopted by leading multinational companies, today announced that it has changed its corporate name to Our Bond, Inc. in order to better align its corporate identity with its consumer and ente ...
Ellis Jacob to Receive Legend of Cinema Award at CinemaCon 2026
Globenewswire· 2026-02-18 14:30
Pioneering CEO of Canada’s Largest Cinema Chain to be Recognized for Decades Long Leadership and Vision at the Forefront of the Global Exhibition Industry Canadian Cinema Icon Becomes Second Recipient of Cinema United’s Most Prestigious Award Following Legendary Filmmaker Martin Scorsese LOS ANGELES, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Ellis Jacob, President and CEO of Canada’s leading entertainment and media company Cineplex, will receive the Legend of Cinema Award during opening night at this year’s Cinema ...