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Eltek Reports $2.7 Million Quarterly Loss Amid Operational Overhaul
Petach Tikva-based circuit board manufacturer Eltek Ltd. reported a $2.7 million net loss for the second quarter of 2026, as the company grapples with an extensive internal transition. The results reflect a sharp downturn from the $0.4 million profit recorded during the same period last year, despite ongoing infrastructure investments.
FORT Robotics to Go Public via $556 Million SPAC Merger
Philadelphia-based FORT Robotics, a specialist in safety infrastructure for autonomous machines, has entered a definitive agreement to merge with Newbury Street II Acquisition Corp. The deal, which values the combined entity at $556.6 million, aims to establish the first publicly traded company focused exclusively on the safety layer of physical AI.
BTQ Technologies adds Samsung security veteran to guide QCIM rollout
Dr. Michael Grace, formerly the head of Samsung Mobile's Knox Security team, has joined BTQ Technologies to oversee the integration and commercialization of its Quantum Compute-in-Memory architecture. His appointment marks a shift for the company as it transitions from core architectural development toward real-world deployment and system verification.
World Gym Expands to Thailand With First Location at Imperial World Samrong
Tracing its lineage to the golden era of California bodybuilding, World Gym is planting its first flag in Thailand. The brand, which now operates nearly 300 clubs globally, has officially launched presales for its inaugural facility at Bangkok’s Imperial World Samrong, marking a significant entry into the country’s burgeoning fitness market.
LivAway Suites Begins Construction on First Alabama Property
Construction crews have broken ground in Montgomery on the first Alabama location for LivAway Suites, signaling a push into the Southeast. The project marks a milestone for the economy extended-stay chain, which is currently scaling its footprint across the United States with 13 existing locations already in operation.
FORT Robotics to Go Public via $556 Million SPAC Merger
With over 600 global customers and a 62% revenue surge in 2025, Philadelphia-based FORT Robotics is set to join the Nasdaq. The safety infrastructure provider announced a definitive merger with Newbury Street II Acquisition Corp, aiming to establish a universal trust layer for the rapidly expanding physical AI market.
Stafford Manufacturing Releases High-Hold Double Wide Shaft Collars
Engineers facing strict radial clearance requirements can now increase axial holding power without expanding the outer diameter of their assemblies. Stafford Manufacturing Corp. launched a new line of double-wide shaft collars designed to fit into tight housings while delivering twice the clamping force of traditional, standard-width hardware.
Can-Am Refines 2027 Off-Road Lineup with Tech and Utility Upgrades
BRP Inc. has unveiled its 2027 Can-Am off-road range, prioritizing mechanical refinement and factory-integrated utility features. The update spans the brand’s core Defender, Maverick, and Outlander platforms, introducing high-performance transmission upgrades and advanced digital cockpits designed to bridge the gap between heavy-duty workhorses and high-speed trail machines.
Cove Capital Targets Shreveport Retail for Latest Debt-Free DST Offering
Cove Capital Investments has acquired a 29,000-square-foot retail asset in Shreveport, Louisiana, for its latest Delaware Statutory Trust offering. The firm seeks to raise $7,068,288 in equity for the Bayou Walk Shopping Center property, which was purchased entirely debt-free to mitigate risk for accredited investors.
Can-Am Refines Off-Road Lineup for 2027 with New Tech and Utility
BRP Inc. has unveiled its 2027 Can-Am off-road fleet, focusing on mechanical refinements and expanded factory-installed utility packages. The update spans the Defender, Maverick, and Outlander families, introducing a revamped HD10 powertrain, a second-generation dual-clutch transmission for the Maverick R, and enhanced connectivity features across high-end trim levels.
SoCalGas Efficiency Program Redirects Millions to Public Budgets
With more than $10 million in no-cost upgrades deployed in 2025, Southern California Gas Co. is helping schools and local governments slash operational costs. By replacing aging infrastructure with high-efficiency water heating technology, the utility initiative aims to free up strained public funding for classroom resources and essential community services.
Caliber Public Safety Debuts AI-Driven Quality Assurance for 911 Centers
Dispatch supervisors typically review only a fraction of incoming emergency calls due to time constraints, leaving the majority of operations unmonitored. North Little Rock-based Caliber Public Safety is now addressing this gap with Caliber Insight LS, an AI-powered tool designed to automate standards-based scoring for entire dispatch volumes.
Aviation Capital Group expands Wizz Air fleet with A321neo delivery
Aviation Capital Group has delivered the first of four Airbus A321neo aircraft to Wizz Air under a new sale-and-leaseback agreement. Handed over at the Airbus Delivery Centre in Toulouse, the jet features Pratt & Whitney GTF engines and marks a deepening financial relationship between the asset manager and the carrier.
Silver Palace Heads to gamescom 2026 After Hitting 10 Million Sign-ups
With global pre-registrations topping 10 million, developer Elementa is bringing its Unreal Engine 5 action RPG, Silver Palace, to the floor at gamescom 2026. The studio plans to transform its Cologne booth into an interactive experience featuring live performances, character showcases, and hands-on demos for the title’s growing player base.
Hamilton Zanze Adds 208 Units to Fort Collins Portfolio
San Francisco investment firm Hamilton Zanze has finalized the acquisition of The Seasons at Horsetooth Crossing, a 208-unit apartment complex in Fort Collins, Colorado. The deal, which closed August 6, marks the firm's third sponsored property purchase this year as it deepens its footprint in the regional market.
Diesel Laptops and Trucker Path Partner on Diagnostic-Navigation Bundle
A new collaboration between Diesel Laptops and Trucker Path offers owner-operators a diagnostic and navigation package designed to reduce vehicle downtime. By combining professional-grade hardware with real-time routing data, the companies aim to help drivers bypass unnecessary tows and resolve mechanical issues without leaving the cab.
Quarterra Opens Emblem Orange Blossom to Address Naples Housing Gap
Thirty-eighty-four apartment homes have officially hit the market in Naples, Florida, as Quarterra and Kayne Anderson Real Estate open the doors to Emblem Orange Blossom. The garden-style community targets the region’s growing workforce population, offering upscale amenities and proximity to major employers in a market plagued by supply shortages.
Xuron Debuts Precision Shears for Kevlar Fiber Cutting
Saco-based Xuron Corp. has launched the Model 9180 Kevlar Shears, a tool engineered to solve the persistent challenge of cutting slippery aramid fibers. By utilizing a specialized serrated edge, these shears secure high-tensile material in place, preventing the sliding common with standard cutting implements during assembly or field installations.
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Dr. Lance Feray Launches Hybrid Concierge Program in Tomball
Family physician Lance M. Feray is shifting the service model at his Tomball, Texas practice by introducing the Hybrid Choice program. Developed through Concierge Choice Physicians, this initiative offers patients a paid membership tier for enhanced availability and personalized medical attention while maintaining care for his existing patient base.
Silex Technology Unveils EP-200N Module for Edge AI Deployment
Santa Ana-based Silex Technology has introduced the EP-200N, a new System-on-Module leveraging the NXP i.MX 95 processor to streamline the development of industrial and medical edge devices. The hardware integrates a neural processing unit and Wi-Fi 6E support, specifically targeting demanding environments that require long-term reliability and secure data processing.
Jumio Retains Top Position in 2026 SPARK Matrix for Identity Security
For the third consecutive year, Sunnyvale-based Jumio has secured the top ranking in the QKS Group SPARK Matrix for Identity Capture and Verification. The recognition highlights the company’s strategic pivot from basic point-in-time document checks toward an integrated, AI-driven identity intelligence ecosystem.
Tencent Music Summit Charts Future for IP in the AI Era
Industry leaders gathered in Macao on August 15 for the 2026 TME Chinese Music Impact Summit to address the shifting landscape of intellectual property. As artificial intelligence accelerates content production, the focus has pivoted toward safeguarding high-quality artistry and defining new copyright frameworks for a globalized market.
Silver Palace Hits 10 Million Pre-registrations Ahead of Gamescom
With over 10 million global pre-registrations secured, the Unreal Engine 5-powered action RPG Silver Palace is preparing for its public debut. Developer Elementa confirmed the title will anchor its upcoming exhibition schedule with interactive booths at Gamescom 2026 in Cologne and the subsequent Anime NYC event.
New York Butcher Shoppe Targets Atlanta Expansion with Four New Stores
Georgia is cementing its status as a premier franchise hub as New York Butcher Shoppe confirms a aggressive expansion into the metro Atlanta area. The specialty retailer has secured a new three-store development agreement for the northern suburbs and broken ground on a fourth site in Smyrna.
Capitan Orthopedics Secures $4.1 Million for Rotator Cuff Innovation
With an oversubscribed seed round netting $4.1 million, Grand Rapids-based Capitan Orthopedics is moving toward its first in-human clinical trial. The company intends to leverage this fresh capital to validate its SupraSpacer implant, a device designed to address the persistent medical challenge of irreparable rotator cuff tears in younger, active patients.
Global Automotive Turbocharger Market Projected to Hit $22.35 Billion
The global automotive turbocharger market is poised for steady expansion, with valuations expected to climb from $15.94 billion in 2026 to $22.35 billion by 2033. Driven by a 4.9% compound annual growth rate, this sector is increasingly shaped by the push for engine downsizing, higher fuel efficiency, and stricter emission standards.
Cypherpunk Technologies Launches World's Largest Zcash Mining Fleet
Cypherpunk Technologies has secured its position as the dominant force in Zcash mining, launching a massive fleet following a $33.33 million equity deal with Winklevoss Capital. The new operation contributes 4.2 GSol/s to the network, accounting for roughly 18% of the total global hashrate as of August 2026.
Keyfactor Secures ISO 42001 Certification for AI Governance
As organizations scramble to address the ethical and security risks of rapid AI adoption, Atlanta-based Keyfactor has secured ISO 42001 certification. The audit, performed by A-LIGN, validates the company’s implementation of a structured Artificial Intelligence Management System aimed at governing the deployment and lifecycle of its AI technologies.
Genprex Shifts Diabetes Gene Therapy to Industrial-Scale Manufacturing
Austin-based Genprex has tapped a major U.S. contract development and manufacturing organization to transition its diabetes gene therapy from small-batch research to clinical-grade production. This move marks a pivotal step in moving the company's AAV-based therapeutic candidate toward regulatory approval and upcoming human clinical trials.
HireVue Triples New Bookings Amid Shift to Skills-Based Hiring
A dramatic pivot toward validated, science-backed recruitment has propelled HireVue to a banner first half of 2026. As employers abandon traditional hiring signals in favor of data-driven capability assessments, the Salt Lake City-based firm reported a tripling of new customer bookings and secured key federal security credentials.