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Webus International Officially rebrands as Wetour Robotics, Establishes Austin, Texas Headquarters for Physical AI and Wearable Robotics
Globenewswire· 2026-03-16 13:00
Core Viewpoint - Wetour Robotics Limited has officially changed its name from Webus International Limited and is transitioning from a travel technology provider to a Physical AI infrastructure company focused on wearable robotics [1][2]. Company Name Change - The name change to Wetour Robotics reflects the company's strategic evolution and was approved by shareholders on February 27, 2026 [2]. - The new name will be effective on the Nasdaq Capital Market starting March 17, 2026, with shares continuing to trade under the ticker symbol "WETO" [2]. Headquarters and Research Center - The company has established its U.S. headquarters and principal research center in Austin, Texas, chosen for its concentration of robotics and AI talent, proximity to the University of Texas at Austin, and established infrastructure for advanced technology [3][4]. Technology Strategy - The core of Wetour Robotics' technology strategy is the Orchestra platform, a next-generation operating system designed for Physical AI and wearable robotics [5]. - Orchestra externalizes computing power from wearable devices into a high-performance AI hub, allowing for lightweight and energy-efficient wearable hardware [6]. Open Architecture Approach - The Orchestra platform will feature an open architecture, enabling third-party hardware manufacturers to integrate with it while retaining proprietary capabilities in its core intelligence engine [7]. - The company aims to empower non-technical builders to create innovative applications, emphasizing that the future of computing will involve dedicated hubs for processing while wearables handle specific tasks [7]. Future Developments - Further details regarding the company's technology roadmap, research partnerships, and product development timeline will be provided in future communications [8].
Planisware a Leader in 2025 Gartner® Magic Quadrant™ for Adaptive Project Management & Reporting, Four Years Running
Globenewswire· 2025-09-22 16:00
Core Insights - Planisware has been recognized as a Leader in the 2025 Gartner "Magic Quadrant for Adaptive Project Management and Reporting," marking its fourth consecutive year in this position, based on "Completeness of Vision" and "Ability to Execute" [1][2] - The product Orchestra by Planisware received high ratings across all four Gartner-defined use cases, with scores of 3.66/5 for IT Project and Work Management, 3.53/5 for Collaborative PPM, 3.60/5 for Enterprise Project Management, and 3.60/5 for Product and Work Management, ranking second or third overall in each category [1][2] Company Overview - Planisware is a leading B2B provider of AI-powered SaaS platforms, focusing on the Project Economy, with a mission to transform how organizations strategize, plan, and deliver projects [3][4] - The company employs approximately 800 people across 18 offices and serves around 600 clients in over 30 countries, including large international corporations, medium-sized businesses, and public sector entities [4] Leadership Commentary - Loïc Martinot, VP of Mid-Market Americas, emphasized that the recognition from Gartner validates Planisware's commitment to placing the end user at the center of its product roadmap [2] - Antoine Villata, CEO of Planisware North America, highlighted that Orchestra provides best-practice driven project and portfolio management solutions, enabling customers to manage resources effectively and adapt methodologies to hybrid realities [2]