Releases

23921 items in section

Liam Aranda-Michel Wins O'Shaughnessy Fellowship for Vascular Research

A MIT undergraduate is bypassing traditional, invasive surgery for circulation restoration by developing injectable vascular units. Liam Aranda-Michel, a researcher at the Broad Institute, received the 2026 O'Shaughnessy Fellowship to advance his work on delivering pre-formed vessels directly into damaged tissue to restore blood flow.

Big Red Oak and New Hill Consulting Merge Services for Nuclear Sector

As the North American nuclear industry accelerates through rapid technological shifts and increased investment, two specialized firms are formalizing a partnership to bridge the gap between technical complexity and public perception. Toronto-based Big Red Oak and Washington D.C.’s New Hill Consulting now offer an integrated communications and public affairs package.

AtaCor Medical Launches Global Trial for Extravascular ICD System

AtaCor Medical has enrolled the first patient in its ALARION-EV pivotal trial, testing a new approach to cardiac rhythm management. The study evaluates the investigational Atala™ lead paired with an Abbott pulse generator, aiming to treat ventricular tachyarrhythmias without placing hardware inside the patient’s heart or blood vessels.

Estate Planning Emerges as a Critical Retention Tool for Financial Advisors

Nearly seven in ten advised clients are prepared to switch financial advisors if their current provider fails to offer estate planning services. According to Trust & Will’s 2026 Financial Advisor Report, economic volatility has transformed estate planning from an optional add-on into a primary expectation for younger, high-growth client segments.

XY Retail Taps Vivek Veeramani to Lead Global Ecosystem Expansion

With over 25 years of experience in enterprise technology and digital transformation, Vivek Veeramani joins XY Retail as vice president of ecosystem and delivery. His appointment signals a strategic push to scale the company's partner network and streamline deployment frameworks for luxury and fashion brands operating across international markets.

Hadhramout Bank Partners with IFI to Bolster Yemeni Compliance

Yemen’s Hadhramout Bank has launched an enterprise-wide training initiative in collaboration with the Institute for Financial Integrity to fortify its defenses against financial crime. The multi-year program focuses on refining cross-border payment compliance and fostering a rigorous culture of risk management across the institution’s workforce.

Lexington Financial Joins Cetera Following Commonwealth Acquisition

After a three-decade tenure with Commonwealth Financial Network, Edward Duffy and his Braintree-based team at Lexington Financial have moved their $608 million practice to Cetera. The transition follows LPL’s acquisition of Commonwealth, a shift that prompted the veteran advisors to seek a new partner capable of preserving their established service model.

General Motors’ Vincent Greene Named Board Chair of FEI

Vincent Greene, the automotive controller at General Motors, has been appointed as the new National Board Chair for Financial Executives International. His leadership marks the start of the 2026-2027 fiscal year for the professional association, which represents CFOs, CAOs, and senior finance leaders across the United States.

Exhibitus Launches Podcast Focused on Experiential Marketing

Most events are forgettable because they prioritize logistics over human connection, a gap Jay Menashe aims to bridge with his new podcast, Event Experience Experts. Launching July 8, 2026, the series invites brand executives and agency professionals to dissect the craft of designing moments that resonate long after an event concludes.

Pulse Clean Energy Secures First UK Battery Insurance Policy

Pulse Clean Energy has achieved financial close on its Plymouth and Dowlais battery projects, becoming the first developer in the UK to secure Technology Performance Insurance. The bespoke 13-year policy from Ariel Green provides the long-term risk protection necessary to bolster lender confidence and operational flexibility during the assets' lifecycles.

Rigel Pharmaceuticals Issues Stock Awards to New Hires

South San Francisco-based Rigel Pharmaceuticals has issued restricted stock units to six incoming non-executive employees. The grants, finalized by the company's compensation committee, serve as an inducement for new staff joining the biotechnology firm, adhering to specific NASDAQ regulatory requirements regarding equity compensation for incoming talent.

Pulse Clean Energy secures first UK battery insurance deal

Pulse Clean Energy has finalized financial backing for its Plymouth and Dowlais battery storage projects using a specialized insurance policy from Ariel Green. This agreement marks the first time Technology Performance Insurance has been utilized for energy storage assets in the UK, offering protection for up to 13 years.

DoiT Debuts Attribute to Track AI Costs Without Code Changes

With enterprise AI spending projected to triple over the next year, only 15 percent of leaders currently possess the visibility to calculate returns accurately. Santa Clara-based DoiT is attempting to solve this blind spot with Attribute, a new tool designed to track GPU cycles and token costs without manual instrumentation.

PNC Launches Modernized Mobile Banking App to Boost Personalization

PNC Bank is rolling out a redesigned mobile application aimed at streamlining digital banking through a highly customizable interface. The platform, currently undergoing a phased release, prioritizes user-defined dashboards and responsive navigation, marking a shift toward faster, more adaptable financial management for its retail clients.

Barrel Proof Technologies Secures Patents for AI-Driven Barrel Monitoring

Nashville-based Barrel Proof Technologies has expanded its intellectual property portfolio to six issued U.S. patents, cementing its position in the non-invasive verification of sealed spirits inventory. The latest additions cover machine learning models and multi-frequency RF sensing, addressing a $50 billion global market that has historically lacked independent data transparency.

PlayChange Launches Athlete-Owned Gaming Ecosystem

To mark National Video Game Day, Atlanta-based PlayChange.io has unveiled Round One, an expansive launch initiative designed to integrate professional athletes into the core of video game development. The platform aims to merge blockchain, artificial intelligence, and digital commerce into a unified hub for sports entertainment.

Royal Grand Resorts Targets Growing LGBTQ+ Travel Market

Royal Grand Resorts launches this month, positioning itself to capture the premium gay male travel market. By centering its brand on the intersection of sustainability, wellness, and authentic inclusion, the company aims to serve a demographic that consistently reports higher-than-average travel frequency and spending power compared to the broader hospitality sector.

CollegeSource Names 2026 Sourcie Award Winners

CollegeSource has unveiled the recipients of its eighth annual Sourcie Awards, honoring the higher education professionals and institutions that have leveraged technology to dismantle barriers in student mobility. The accolades recognize those who have successfully transformed transfer pathways and degree planning into more transparent, student-centered academic journeys.

US Private Hiring Cools for Second Consecutive Week

U.S. private employers added an average of 21,000 jobs per week for the period ending June 20, 2026, marking a steady decline in hiring momentum. According to the latest NER Pulse data, this represents the second consecutive week of deceleration in labor market growth across the country.

CovationBio Unveils Bio-Based Textile Innovations in New York

At the Functional Fabric Fair in New York City, Covation Biomaterials LLC is introducing two sustainable material breakthroughs: the Xatryx bioPTMEG and the Sorona elasterell-p fiber. These products aim to replace petroleum-based components in performance apparel with plant-derived alternatives, marking a shift toward supply chain defossilization.

Avient Sets August 6 Date for Second Quarter Earnings Call

Investors will get a look at Avient Corporation’s latest financial performance on August 6, 2026, when the Cleveland-based materials innovator releases its second quarter results before the opening bell. The company plans to follow the release with a live webcast and presentation scheduled for 8:00 a.m. Eastern Time.

ADNOC Distribution to Acquire Shell South Africa for $1 Billion

Abu Dhabi-based ADNOC Distribution has signed a definitive agreement to acquire 100% of Shell Downstream South Africa, a deal valued at approximately $1 billion. The move marks a significant expansion for the UAE retailer, adding 580 fuel stations to its international network as it targets growth across the African continent.

Zircon Expands Into Smart Home Market With Leak Alert 360 System

With water damage accounting for nearly 24% of all homeowners' insurance claims, Silicon Valley firm Zircon is leveraging 50 years of sensor expertise to launch the Leak Alert 360. The new system aims to mitigate costly residential and commercial property damage through proactive, real-time moisture detection and remote monitoring.

AoToRoBo Enters U.S. Market to Retrofit Older Vehicles with AI Tech

Millions of older vehicles currently lacking modern connectivity are the target of AoToRoBo, a new hardware brand launching in the U.S. today. The company is debuting two plug-and-play devices, Civo and Aero, designed to bring artificial intelligence and smart infotainment to cars without requiring expensive factory replacements or complex modifications.

Greenix Pest Control Enters Tennessee Market with Essential Acquisition

Greenix Pest Control has officially crossed into its 21st state, acquiring Tennessee-based Essential Pest Control to bolster its regional reach. The deal, which also deepens the company’s existing foothold in Dayton, Ohio, signals a push for greater operational density across its Midwest and Southeast service territories.

VolitionRx details prognostic potential of Nu.Q lung cancer test

A new clinical study conducted with the Hospices Civils de Lyon indicates that VolitionRx’s Nu.Q Cancer Assay can effectively predict survival outcomes in patients with newly diagnosed lung cancer, offering a potential tool for clinicians to refine treatment strategies and identify individuals who may benefit from curative care.

MacLean Power Systems to Acquire Brazil’s Indel Bauru

Fort Mill-based MacLean Power Systems has signed a definitive agreement to acquire Indel Bauru, a Brazilian manufacturer specializing in electrical fuse links. The deal, slated to close in the third quarter of 2026, aims to integrate Indel’s grid protection technology into the parent company’s existing infrastructure portfolio.

Sound Physicians CEO to Address Anesthesia Revenue Challenges in Asheville

As traditional hospital anesthesia models face mounting financial pressure, Sound Physicians CEO David Leachman will take the stage at the North Carolina Healthcare Association Summer Meeting on July 16. His presentation aims to reframe anesthesia as a core driver of institutional growth rather than a persistent clinical constraint.

Innoviz and Cogniteam Partner on AI-Driven Drone Detection Module

Innoviz Technologies and software provider Cogniteam have launched a joint counter-UAS perception module designed to improve drone detection and classification. By integrating high-resolution LiDAR data with AI-powered analytics, the system aims to reduce false alarms in critical infrastructure and border surveillance environments by distinguishing drones from birds and other objects.

Dr. Emad Mikhail Adds Hybrid Concierge Care to Irvine Practice

Patients at the Irvine Internal Medical Group can now opt for the Hybrid Choice™ program, an enhanced service model introduced by Dr. Emad Mikhail in partnership with Concierge Choice Physicians. The program offers members direct access, extended appointment times, and personalized medical advocacy while maintaining standard care for the broader patient base.