Oversubscribed financing follows a breakout year of satellite launches, manufacturing expansion, and accelerating demand for Muon’s Mission Foundry.

MOUNTAIN VIEW, Calif. – August 20, 2026 – Muon Space, the Mission Foundry for high-performance satellite constellations, today announced the close of a $250 million Series C financing in a heavily oversubscribed round. The round was led by Eclipse Capital, with participation from Galvanize, Google, Salesforce Ventures, Wellington Management, I Squared Capital, and Woven Capital. Existing investors Radical Ventures, Congruent Ventures, Costanoa Ventures, Activate Capital, ACME Capital, ArcTern Ventures, and Overlap Holdings also participated in the round.

The new capital brings Muon’s total equity funding to more than $386 million and will accelerate production of large-scale constellations, expand the company’s dual-use spacecraft platforms, and support growing demand from commercial, government, and international sovereign customers. The company is also investing in differentiated mission capabilities, including advanced payloads, on-orbit AI compute, and real-time, ultra-high bandwidth satellite connectivity in partnership with SpaceX Starlink. 

“Space infrastructure needs to scale the way cloud infrastructure did. We’ve built the Mission Foundry to help customers deploy complete constellation systems in months instead of years,” said Jonny Dyer, CEO of Muon Space. “As more industries rely on space-based intelligence, communications, and compute, this investment allows us to accelerate the next generation of space infrastructure.”

“Muon is redefining how space infrastructure is built,” said Lior Susan, Founder and CEO of Eclipse. “By integrating mission design, manufacturing, launch, and operations into a single platform, the team has turned what was once a bespoke, years-long process into a repeatable model built to scale. With multiple successful constellations already in orbit and demand accelerating across commercial, government, and international sovereign customers, Muon is positioned to become the foundational platform for the next generation of space-based capabilities.”

A Year of Execution Behind the Raise

The Series C follows the most productive stretch in Muon’s history. Seven satellites launched in the first half of 2026 brought Muon’s total to 11 satellites deployed across six launches, with a 100% mission success record. The company is also bringing two customer constellations into operation this year: Vindlér^® 2.0 for SNC, delivering RF data and analytics, and FireSat, the global wildfire-monitoring constellation developed with Earth Fire Alliance and Google.org that was named one of TIME’s Best Inventions of 2025.

Muon recently opened its advanced manufacturing facility in San Jose, designed to produce up to 500 satellites annually by 2027, a tenfold expansion over its previous capacity. 

The company now has over 50 satellites in development for customers, including 13 satellites already manifested for launch over the next year.

The Mission Foundry Model

Traditional space companies supply spacecraft or individual components. Muon’s Mission Foundry delivers complete, mission-ready constellations by integrating mission design, spacecraft, payloads, software, operations, and data into a single platform, enabling customers to deploy advanced space capabilities in months instead of years.

With the Series C complete, Muon is focused on expanding production, accelerating new spacecraft platforms, investing in mission-enabling technologies and payload capabilities, and scaling the Mission Foundry to meet growing demand across commercial, national security, and international sovereign markets.

About Muon Space

Muon Space is the Mission Foundry, designing, building, and operating high-performance satellite constellations for defense, civil, and commercial customers. Founded in 2021, the company has engineered every layer: spacecraft, instruments, software, and operations, all designed to work together from simulation to orbit. With advanced production facilities in Silicon Valley and multiple constellations already on orbit, Muon delivers in months, not years. For more information, visit: https://www.muonspace.com/.

Media Contact


Michael Sias

Firm 19 for Muon Space
comms@muonspace.com 

Source: Muon Space

TORONTO, Ontario, AUGUST 12, 2026 – Hydrostor, a global long-duration energy storage (LDES) developer and operator, has secured a $230 million USD equity investment, including previously announced funding from a convertible note that had been committed from Canada Growth Fund Inc. (“CGF”), Goldman Sachs Alternatives (“Goldman Sachs”), and Canada Pension Plan Investment Board (“CPP Investments”). The additional funding comes from a strategic equity round, which includes investments from Baker Hughes; Hatch; Realize Capital Partners, a Social Finance Fund wholesaler; and others.

The transactions will fund development of Hydrostor’s 7 GW global pipeline of advanced compressed air energy storage (A-CAES) projects, and will propel Hydrostor’s flagship U.S. project, the Willow Rock Energy Storage Center, to financial close later this year.

“The grid needs bankable long-duration energy storage that can be deployed today to enable affordable and reliable electricity for all, and Hydrostor’s continued fundraising success is a testament to the potential of our A-CAES technology to get us there,” said Curtis VanWalleghem, Chief Executive Officer and Co-Founder of Hydrostor. “We’re excited to bring in sophisticated partners who understand the role Hydrostor will play in modernizing the grid.”

Hydrostor’s advanced compressed air energy storage (A-CAES) technology represents a critical solution for developing affordable and reliable modern grids amidst unprecedented electricity demand growth. The 500 MW Willow Rock Energy Storage Center, Hydrostor’s flagship project in the U.S., has received the necessary permits for development and plans to break ground later this year.

About Hydrostor Inc.

Hydrostor is a leading developer and operator of long duration energy storage systems, leveraging a proven, patented technology solution for delivering long duration energy storage to power grids around the world, using compressed air and water to store energy.

Founded in 2010 and with offices in Toronto, Canada; Melbourne, Australia; and Denver, USA; Hydrostor is backed by Goldman Sachs Alternatives, CPP Investments, Canada Growth Fund, and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects. Hydrostor has an extensive pipeline of A-CAES projects in North America, Australia, and Europe, poised to meet their evolving grid and reliability needs.

To learn more, visit https://www.hydrostor.ca/ or follow us on LinkedIn.

Advisors

National Bank of Canada Capital Markets and Rothschild & Co. acted as financial advisors to Hydrostor, and Goldman Sachs & Co. LLC acted as placement agent, in connection with the transaction.

Source: Hydrostor

TORONTO, ON, June 30, 2026 (GLOBE NEWSWIRE) — On Canada Day, Xeal Energy, the technology-first electric vehicle (EV) charging company behind the patented Xeal Protocol™, officially launches in Canada to bring their self-reliant, zero-IT charging solution to Canadian property owners. The launch arrives as Canada sets its sights on a 75% EV adoption rate by 2035 and 90% by 2040, supported by launching a new C$2.3-billion five year fund, offering rebates of up to $5,000 on battery-electric vehicles, and up to $2,500 on plug-in-hybrids. The consumer demand is coming, but the charging infrastructure to meet it needs expansion.

As Canadians celebrate national pride and look toward the future, Xeal is arriving with technology designed specifically for the built environments Canadian properties present across multifamily and commercial deployments. 

“Xeal Energy is entering the Canadian market at exactly the right moment. As the energy transition accelerates, Canadians are looking for practical, affordable ways to make the shift to
electric vehicles. Xeal is helping solve one of the biggest barriers to EV adoption by making charging infrastructure accessible for multi-unit residential buildings and institutional properties—two markets that will be essential to Canada’s clean transportation future,” said Catherine McKenna, CEO of Climate and Nature Solutions and Canada’s former Minister of Environment and Climate Change and Minister of Infrastructure and Communities.

A Reliability Problem, Finally Solved
Nearly 1 in 3 EV charger sites experiences regular downtime and 95% of that downtime is caused by centralized network dependency. Traditional chargers rely on cellular towers, cloud, and signal boosters to function, creating multiple points of failure that result in charger downtime and leaves drivers stranded when they need charging the most. 

Xeal has solved this at the architecture level. The company’s patented Xeal Protocol™ establishes a direct, encrypted communication channel between the driver’s smartphone and the charger itself with no cellular network, no Wi-Fi, and no dependence on an external server. The result is a 100% uptime guarantee and a seamless tap-to-charge experience that works every time, in every environment.

“As EVs become increasingly accessible to Canadian consumers through a growing range of available incentives, EV models and price points, adoption will continue to accelerate. With these new EV adoption targets set in Canada, developers need to act now to ensure buildings are equipped to handle the needs of today’s residents and tomorrow’s drivers. 

Roughly 35% of Canadians live in multi-family settings and with 80%+ charging happening at home, property owners need charging infrastructure that just works. Backed by strong government support for the market, Xeal is expanding into Canada to support the next wave of EV charging infrastructure adoption for real estate. By eliminating the primary challenge for charger uptime, our self-reliant Helix Computing™ protocol guarantees a 100% uptime to empower Canadian real estate leaders to scale charging seamlessly and meet this increased demand.”
— Nikhil S. Bharadwaj, CEO & Co-Founder, Xeal Energy

Built for Canadian Properties
Beyond reliability, Xeal’s dynamic power optimization technology allows properties to install up to three times more charging stations on the same electrical capacity, without costly infrastructure upgrades. Where a standard power supply might support five EV chargers, Xeal’s system can support up to fifteen, dramatically expanding charging access while reducing capital expenditure.

Proven Across 500+ US Cities, Now Coming to Canada
Xeal enters Canada with a proven track record: 300+ partners across commercial, multifamily, healthcare, retail, education, and enterprise properties in more than 500 US cities. Partners include UBS, AvalonBay Communities, Lincoln Property Company, Brookfield, Princeton University, the University of Texas at Austin, Pfizer, among others.

About Xeal Energy
Xeal is a technology-first EV charging company operating at the intersection of mobility, real estate, IoT, and energy. Powered by its patented Xeal Protocol, Xeal’s self-reliant charging solution delivers 100% uptime with no cellular, Wi-Fi, or ethernet required. This eliminates costly IT infrastructure while offering property owners metered payments, dynamic load management, revenue sharing, and a seamless tap-to-charge experience for drivers. Xeal operates in 500+ cities across the U.S. For more information, visit xealenergy.com

Source: Business Insider

SAN FRANCISCO, CA — June 17, 2026 — Earth Fire Alliance (EFA) today announced a $26 million grant from the Bezos Earth Fund in support of the FireSat program — a satellite constellation that will generate an unprecedented, near real-time global dataset on wildfire and its effects on the planet and our communities. The grant, the largest single philanthropic commitment to wildfire detection to date, will fund the launch and operations of the first three operational FireSat satellites set to go into orbit in Q3 2026, and includes dedicated support for on-the-ground adoption and use of FireSat data by fire agencies, land managers, and communities in the Amazon Basin, one of the most fire-vulnerable regions on Earth.

The Bezos Earth Fund commitment brings EFA’s total funding to $69.2M to date, reflecting a growing coalition of mission-aligned supporters that also includes $15.5M in funding from Google.org, $12.5M from the Gordon & Betty Moore Foundation, and $15.2M from additional, anonymous, and individual supporters.

The FireSat protoflight, which launched in March 2025, is already collecting sample data and demonstrating the powerful impact FireSat will have on communities worldwide. By the end of 2026, FireSat’s first operational satellites will provide wildfire monitoring at least twice daily over the world’s more fire-prone geographies, including a near-term focus on the Amazon Basin.

By 2029, the growing FireSat constellation will detect fires as small as 5×5 meters—roughly the size of a standard shipping container—anywhere on the planet within 1 hour, enabling earlier intervention when necessary to prevent large, catastrophic fires. Once fully operational in the early 2030s with approximately 50 satellites, FireSat will monitor every point on Earth every 20 minutes or less. With this unprecedented capability to detect small fires in near real-time, there is vast potential to protect homes, communities, and biodiversity while also reducing carbon emissions from wildfires by an estimated 5–10% annually.

Early wildfire detection is among the highest-leverage interventions available. Developed for EFA by space systems company Muon Space, FireSat represents a fundamental leap in how the world detects, responds to, and understands wildfires. These advanced infrared satellites can detect small, cool fires within minutes of ignition and deliver high-resolution data to fire agencies and scientists in near real time.

“At the Bezos Earth Fund, we’re focused on supporting innovation that helps solve some of the hardest challenges in climate and nature, and breakthrough technology that addresses the challenges with uncontrolled wildfires is an important area that our funding can help move forward, faster,” said Tom Taylor, Bezos Earth Fund President and CEO. “Advancing detection and prevention technologies such as FireSat have incredible potential to better protect homes and communities, preserve forests and biodiversity, and reduce emissions, and we’re excited to be working together on these areas.”

EFA operates on a public-private-philanthropic partnership, or “P4” model, uniting commercial innovation, end-user co-development, and philanthropic and government investment around a shared goal: collecting and delivering critical wildfire data to every corner of the globe. Radical collaboration across sectors is one of the nonprofit’s core operating principles and was fundamental to the development of FireSat.

“The Bezos Earth Fund’s commitment to Earth Fire Alliance and the FireSat program sends an unmistakable signal,” said EFA Executive Director Brian Collins. “With the support of global, high-impact organizations like Bezos Earth Fund—alongside Google.org, the Gordon and Betty Moore Foundation, other funders, and the wildfire community that helped shape this technology—Earth Fire Alliance and FireSat will bring critical new tools to firefighters, scientists, and policymakers in their efforts to strengthen wildfire resilience. The combined expertise, resources, and credibility of EFA’s growing, global coalition helps us not only build and launch innovative technology but also ensures our mission doesn’t end in orbit, and that this unprecedented data will reach the firefighters, land managers, and communities who need it most.”

Fire agencies and scientific organizations worldwide helped shape FireSat’s design and have already committed to use its data, partnering with EFA through its Early Adopter program. Their participation reflects the urgent, practical demand for faster, more reliable fire data on the ground. In addition to agencies and organizations in the Amazon region, FireSat Early Adopters include leading fire organizations in California, Colorado, Oregon, Texas, Africa, Australia, and Portugal.

As the FireSat constellation grows, EFA is building additional programs to ensure its data is globally accessible and actionable. FireConnect will work with communities, firefighters, land managers, and researchers globally to connect wildfire data to on-the-ground decision-making. FireImpact will translate FireSat’s global dataset and EFA’s growing partner network into actionable scientific knowledge, informing fire management strategies that minimize devastating impacts while preserving fire’s essential role in healthy ecosystems.

About Earth Fire Alliance

Earth Fire Alliance (EFA) is a global nonprofit coalition building the technological infrastructure the world needs to detect, monitor, and understand fire — and delivering critical data to the firefighters, scientists, and communities who need it most. EFA’s flagship program, FireSat, is the first satellite constellation designed specifically to address the wildfire challenge: generating an unprecedented dataset on fire and its effects on people and the planet. EFA partners with operational agencies, scientists, and technologists across continents to make fire data globally accessible, actionable, and available for the public good. 

EFA Media Contact: Kristin Q. Cody, press@earthfirealliance.org

About the Bezos Earth Fund

The Bezos Earth Fund, guided by the belief that Earth is the best planet in this solar system, works to protect and restore the natural world. Working with partners around the globe, we are developing innovative solutions to ensure the planet remains a place we can — and want to — live on. Based in the United States, the organization is led by CEO Tom Taylor, under the direction of Chairman Jeff Bezos and Vice Chair Lauren Sánchez Bezos. To learn more, visit: bezosearthfund.org

Source: Earth Fire Alliance

Company Contributes to 300mm Wafer-Scale Superconducting Qubit Manufacturing and Workforce Development

ELMSFORD, N.Y.–(BUSINESS WIRE)–SEEQC, Inc. (“SEEQC” or the “Company”), a developer and manufacturer of scalable, energy efficient digital chips for quantum computing systems, today announced its participation in a four-year Microelectronics Commons Northeast Regional Defense Technology Hub (NORDTECH) program. As one of eight U.S. Microelectronics Commons hubs, NORDTECH collaborates with regional partners across New York State and the United States to enable innovative R&D projects and advance critical lab-to-fab innovations in direct support of Department of War objectives, while also supporting workforce development goals.

The NORDTECH project is aimed at advancing scalable fabrication of superconducting qubits using next-generation materials on 300mm industrial-grade silicon wafers. SEEQC is a subcontractor to NY CREATES (Albany, NY) and collaborates with academic, industry, and government partners including Cornell University, NYU, Princeton University, Syracuse University, Quantum Circuits / D-Wave, and the Air Force Research Laboratory.

The program focuses on improving materials such as tantalum (Ta) and tantalum nitride (TaN) for high-coherence qubit fabrication and establishing scalable manufacturing processes within a U.S.-based 300mm wafer fabrication environment.

SEEQC’s role includes:

• Developing a high-throughput, high-fidelity cryogenic qubit evaluation platform
• Providing performance feedback to fabrication teams
• Development of one of the world’s first quantum Process Design Kits (PDK) within the Cadence EDA ecosystem
• Supporting integration of qubit designs compatible with SEEQC’s digital SFQ-based control architecture

Scaled, standardized quantum chip processing is expected to accelerate research, improve fabrication repeatability, and strengthen domestic manufacturing capabilities.

“Industrial-scale quantum fabrication requires both materials innovation and reliable evaluation infrastructure,” said Dr. Oleg Mukhanov, Chief Scientific Officer of SEEQC. “Our work supports the transition from laboratory-scale experimentation to repeatable, scalable quantum chip production.”

“The U.S. Microelectronics Commons hubs, like NORDTECH, are foundational to building resilient U.S. semiconductor and quantum supply chains,” said John Levy, CEO of SEEQC. “SEEQC is proud to contribute our expertise in digital superconducting technology to a national effort aimed at accelerating quantum innovation.”

The program also includes workforce development initiatives, including educational content and experiential internship opportunities across participating institutions.

About SEEQC
SEEQC is building quantum computers on a chip. SEEQC’s digital chip technology is designed to make quantum systems scalable, energy efficient, and commercially viable. The company operates advanced chip development and fabrication facilities in the United States and Europe. More than three-quarters of SEEQC’s workforce hold Ph.D. degrees across physics, electrical engineering, materials science, computer science, and related disciplines.

Contacts

Media & Investor Contact: SEEQC@icrinc.com

Source: Businesswire

ll-inclusive resorts using Winnow typically cut food cost by 2% to 8% by reducing buffet overproduction. The impact scales with food spend: at $5m annual purchasing, that’s $100k to $400k a year; at $10m, $200k to $800k.

The results across Winnow’s portfolio back that range. Royalton CHIC Cancun cut food waste 56% in six months at one buffet, saving $165,000 a year. Iberostar has deployed Winnow across 60+ resorts, achieving more than 80% reduction in total waste to landfill. Across 3,500+ kitchens globally, Winnow clients prevent more than $100 million in food waste each year and avoid 122,000 tonnes of CO2e – roughly two meals saved from waste every second.

Key facts

• 3,500+ commercial kitchens use Winnow across 90+ countries
• 2% to 8% typical reduction in food cost
• $100m+ in food waste prevented every year
• 122,000 tonnes of CO2e avoided annually (approximately two meals saved per second)
• IKEA restaurants alone have saved $37m+ through systematic waste reduction
• Resort kitchens waste an average of 12% of all food purchased – around 191g per cover per meal (Winnow, 2025 baseline data from 180 resort kitchens)
• 70% of hotel operators underestimate their food waste volume; 40% are not measuring it at all (easyJet holidays & Winnow Hotel Partner Survey, 2025)

How much food waste do resorts generate?

All-inclusive resorts generate large volumes of food waste because of how their buffets and kitchens operate. The combination of overproduction, multiple service points, and demand variability means a meaningful share of prepared food never gets eaten.

Four operational factors account for most of it: buffet overproduction to maintain visual abundance through service; variable occupancy, which makes it hard to estimate how much to prepare; multi-kitchen operations across the main buffet, specialty restaurants, and central kitchen; and different types of trim, including preparation waste and food prepared but not served.

Winnow data from 180 resort kitchens at baseline confirms that resort kitchens consistently generate higher food waste per cover than both economy/midscale hotels and premium/luxury properties. This is especially visible in post-consumer plate waste, which the all-inclusive buffet model compounds – but overproduction (23% to 57% of total waste) and preparation trim (20% to 42%) are the two categories the kitchen can directly address.

How much can resorts save by preventing food waste?

Professional kitchens that begin measuring and managing food waste typically see 2% to 8% reductions in food cost. The financial impact scales with purchasing volume.

Estimated annual savings by food spend and reduction level:

$3,000,000 in annual food spend:

• 2% reduction → $60,000 in savings
• 5% reduction → $150,000 in savings
• 8% reduction → $240,000 in savings

$5,000,000 in annual food spend:

• 2% reduction → $100,000 in savings
• 5% reduction → $250,000 in savings
• 8% reduction → $400,000 in savings

$10,000,000 in annual food spend:

• 2% reduction → $200,000 in savings
• 5% reduction → $500,000 in savings
• 8% reduction → $800,000 in savings

These results come when teams use specific waste data to adjust production, improve planning, and tighten purchasing decisions. Savings come from operational decisions, not from the act of recording.

What global results has Winnow achieved in food waste reduction?

Global key data:

• 3,500+ professional kitchens use Winnow worldwide
• Typical reductions of 2% to 8% in food cost
• $100m+ in food waste prevented every year
• Deployments in 90+ countries
• 122,000 tonnes of CO2e reduced each year
• Equivalent to roughly two meals saved from waste per second

The most prominent example is IKEA, where restaurants have saved over $37 million by reducing food waste in global operations.

What do real case studies show about food waste reduction in resorts?

Three documented examples, with verified numbers.

Royalton CHIC Cancun (Blue Diamond Resorts). Mexico / Caribbean. 456 rooms, 9 restaurants, 4,000+ daily covers.

A six-month deployment at Elements Gourmet Buffet cut food waste by 56%, exceeding the original 40% target. Specific operational changes included switching to live cooking for high-waste dishes, repurposing surplus proteins into ravioli and cannelloni, redirecting excess bread to staff meals, and using fruit peels in sauces and infusions.

Verified results: 56% reduction in food waste by value; $165,000 in annualised cost savings; 246.4 tonnes of CO2e prevented annually; 140,000 meals saved annually. The programme has since expanded to three additional Blue Diamond properties.

Iberostar Hotels & Resorts. Europe, Africa, and the Americas. 60+ properties.

Iberostar has deployed Winnow Vision AI across 60+ resorts as part of its Wave of Change sustainability strategy, with daily reports informing production decisions across kitchens. Preliminary 2025 data shows more than 80% reduction in total waste to landfill compared to 2021 across the group (Iberostar Group, 2026 preliminary data).

H10 Hotels (Spain). Seven properties. Structured food waste reduction programme combining digital tools with process changes: smaller batch cooking, adjusted portion sizes, increased team ownership. Results: 46% reduction in food waste; 860,000 meals saved annually; 1,500 tonnes of CO2e avoided.

How consistent are food waste reduction results across regions?

Results from food waste reduction are consistent across regions and operation types. Winnow’s technology is currently used in 3,500+ professional kitchens across 90+ countries, in hotels, resorts, universities, and large-scale foodservice operations across Europe, Latin America, North America, the Middle East, and Asia.

The consistency comes from the fact that the main causes of waste in professional kitchens are similar everywhere: buffet overproduction, preparation trim, food prepared but not served, and imprecise production planning.

The regulatory dimension: why the numbers matter more now

For resorts in Europe, waste reduction is no longer only a financial question. Spain’s Ley 1/2025 requires a 50% reduction in food waste by 2030 and a formal Food Waste Prevention Plan with quantified data – enforceable from April 2026. The EU’s revised Waste Framework Directive requires member states to introduce food waste prevention programmes by mid-2027.

The result: operators in affected markets who are not yet measuring waste are falling behind both on cost efficiency and on compliance readiness. The financial case has always been clear. The regulatory case is now too.

Can food waste reduction scale from a pilot to multiple properties?

Yes. Many programmes start as a pilot in one kitchen before expanding. Measuring waste lets organisations compare performance across properties, identify the most common waste causes, standardise operational processes, replicate improvements, and build effective team collaboration.

In multi-site operations, this visibility makes regional or global expansion possible. Over time, waste monitoring becomes a management tool that compares performance across kitchens and supports continuous operational improvement.

How resorts measure waste in practice with Winnow

For high-volume resort buffets, the system most operators adopt is VisionAI with Throw & Go. Staff throw food away the way they normally would, and the system identifies and weighs each item automatically through AI vision, with no scanning, manual category selection, or workflow change. Daily and weekly reports surface the highest-cost waste items, and the Winnow Hub analytics platform lets multi-property groups compare sites and track corporate reduction targets.

For all-inclusive resorts running multiple kitchens at scale, this combination is the basis of the 2% to 8% food cost reduction Winnow customers see.

Conclusion

For resorts evaluating food waste prevention initiatives, the numbers are no longer theoretical. Global data shows that when waste is measured effectively and integrated into operational kitchen decisions, food cost optimisation becomes a measurable, replicable result.

Sources and further reading

• Royalton CHIC Cancun case study
• A Practical Guide to Reducing Food Waste in Resorts
• Winnow for hotels and resorts

See what Winnow can do in your kitchen. Request a demo →

Source: Winnow

CHINO HILLS, CALIFORNIA — May 2026 — King Energy, the nationwide leader in multi-tenant commercial solar, held a ribbon-cutting ceremony at The Shoppes at Chino Hills, marking a milestone for the property, its tenants, and the broader Chino Hills community. The event, hosted in partnership with Dunhill Partners, was attended by property management, King Energy leadership, and City Council Member Peter Rogers.

The Shoppes at Chino Hills represents a significant milestone project for King Energy, combining technical sophistication with meaningful impact for tenants, ownership, and the broader community.

Behind the project is a highly coordinated multi-array solar system designed to maximize onsite clean energy generation across the property.

“This is a five-point interconnection system with five different solar arrays tied into the local power grid, so there is a lot of complexity here,” said Rob Porter, Chief Commercial Officer at King Energy. “The cumulative impact is close to two million kilowatt hours of emissions-free clean energy being generated and consumed on site by local businesses. Tenants here are saving money and using clean energy. The property owner has a new rent-paying tenant in King Energy. And the community benefits from distributed solar generated right here at the city center. That is the King Energy model working as designed.”

The Shoppes at Chino Hills has become a central gathering place and city center of Chino Hills, drawing residents daily for coffee, lunch, errands, and local retail. For Dunhill Partners, the investment reflects a long-term commitment to the property and the businesses that depend on it.

“The ownership team at Dunhill Partners has always been committed to making smart, long-term investments in the property,” said Darryll Goodman, General Manager of The Shoppes at Chino Hills. “From local small businesses to national retailers, tenants across the property now have access to discounted clean energy generated right here on site. That supports the businesses, invests in the long-term future of the property, and reflects the kind of thoughtful growth this community values.”

City Council Member Peter Rogers attended the ceremony and spoke to the significance of the project for Chino Hills and its potential to serve as a model for commercial properties across the region.

“This project is more than just panels on a roof,” said Council Member Rogers. “It represents a serious commitment to sustainability and forward-thinking investment in our community. The Shoppes at Chino Hills is essentially our city center, and when our retail partners take the lead on initiatives like this, they make our community stronger and more attractive to residents and visitors alike. I hope this serves as a fantastic example for other commercial properties to follow.”

The Chino Hills installation is part of King Energy’s broader mission to deliver financial and environmental value to commercial properties and the communities surrounding them. By generating clean energy directly where it is consumed, projects like this help support local businesses, reduce strain on the grid, and create long-term value for property owners and tenants alike.

King Energy manages all aspects of the system, from installation and permitting through long-term operations and tenant billing. Its enterprise-grade software platform, OneBill™, consolidates utility and solar charges into a single transaction, simplifying participation for tenants and eliminating operational burden for property owners.

King Energy thanks Dunhill Partners, the City of Chino Hills, Southern California Edison, and the entire project team for their collaboration and partnership in bringing this system to life.

Source: King Energy

The new app enables Flashfood’s grocery partners to power faster, smarter and more efficient surplus operations

TORONTO, ON – May 12, 2026 — Flashfood, the leading marketplace for surplus groceries, today announced Flashfood For Partners, a new app for its retail partners. The app’s technology is designed to deliver better ROI within existing operations by powering more efficient and trackable shrink reduction. This grows the supply on Flashfood’s marketplace, increasing access to affordable groceries for Flashfood shoppers and keeping more food out of landfills.

Flashfood For Partners was built in close collaboration with Flashfood’s retail partners and designed to reduce friction and improve insights at all touchpoints: reducing the time it takes to post items and improving the reporting tools and functionality within the app. With enhanced posting tools and in-app reporting, retailers can post items faster, recover more margin, and further reduce shrink.

Key new capabilities on the app include:

• Bulk Posting: Enabling store associates to scan and post up to 10 items at once, in under 30 seconds.
• Smarter Scanning: Better barcode recognition, weighted item scanning, and auto-filled product information.
• Reporting Dashboard: A real-time reporting dashboard gives store teams a live view of the dollar value of items posted and sold, making it easier than ever to track ROI in real time.

“Every technology we build is designed to reduce friction and create more value on both sides of our marketplace. The new app is just the beginning,” said Yixin Zhu, VP of Engineering at Flashfood. “Retailers today rely largely on manual labor and guesswork to manage their surplus food, and that contributes to the billions of dollars of retail food waste each year. Our grocery partner app attacks both of those challenges by enabling store teams to post more food faster, and see in real time the dollar value of what’s posted and sold.”

Powered by Scandit

Flashfood For Partners enhanced scanning capabilities are powered by Scandit, a leader in smart data capture technology. By leveraging Scandit’s Smart Label Capture, the app instantly captures and processes multiple barcodes and product details with high accuracy. This reduces manual input and minimizes posting errors. Store associates can scan items more efficiently, with support for bulk posting workflows and automatic best-by date capture directly from product labels, helping teams save time while improving data quality and consistency.

About Flashfood

Flashfood is on a mission to feed families, not landfills. The app marketplace connects shoppers with fresh produce, meat and other groceries at discounted prices. By partnering with retailers across North America, Flashfood offers shoppers nutritious staples at affordable prices, and reduces the amount of food going to landfills. To date, Flashfood has rerouted more than 160 million pounds of food from landfills while saving its shoppers more than $400 million on their groceries. Flashfood is a B-Corp certified company currently partnered with more than 2,000 stores across North America. For more information, please visit www.flashfood.com.

Source: Flashfood

Dr. Klaus Kleinfeld’s leadership at two Fortune 500 companies will support the company’s global expansion.

TORONTO – May 20th, 2026 – Cyclic Materials, the rare earth recycling company enabling domestic circular supply chain for critical materials around the world, today announced the appointment of Dr. Klaus Kleinfeld to its Board of Directors.

‍

Dr. Kleinfeld brings decades of experience leading global industrial and advanced manufacturing businesses, including serving as CEO of two Fortune 500 companies – Siemens AG and Alcoa. His experience growing complex international operations, navigating global markets, and leading large industrial transformations will support Cyclic Materials’ industrial expansion to meet an accelerating global demand.

‍

An internationally recognized executive, investor, and entrepreneur, Dr. Kleinfeld has advised multiple U.S. Presidents and global leaders on industrial competitiveness, technology, and economic development.

‍

“Cyclic Materials is scaling a strategically vital solution that diversifies the global supply of critical materials,” said Dr. Kleinfeld. “Establishing resilient supply chains for rare earth elements is becoming increasingly essential to industrial competitiveness and advanced manufacturing. I look forward to actively supporting the company as it scales its technology and global operations.”

‍

From 2008 to 2017, Dr. Kleinfeld served as Chairman and CEO of Alcoa and Arconic. Prior to that, he spent more than 20 years at Siemens, ultimately serving as CEO of Siemens AG until 2007. He currently serves as Chairman of KONUX and as a member of the supervisory boards of Brainlab, GreyOrange, and Fero Labs. 

‍

“Dr. Kleinfeld has operated at the scale and complexity Cyclic Materials is growing into,” said Ahmad Ghahreman, CEO and founder of Cyclic Materials. “His experience leading global industrial organizations, navigating geopolitical complexity, and scaling advanced manufacturing businesses will be highly valuable as we continue expanding our commercial footprint and creating a secure, resilient supply chain for rare earth materials.”

‍

As demand for rare earth elements continues to accelerate and governments increasingly prioritize supply chain security, Cyclic is expanding its footprint globally to support a domestic supply of these critical materials across North America, Europe, and Asia.

‍

Dr. Kleinfeld’s appointment reflects Cyclic Materials’ continued investment in strengthening its governance and industrial operating expertise as the company scales globally. This announcement follows Cyclic’s recent appointment of Roger Zakheim as Strategic Advisor. Mr. Zakheim currently serves as the Washington Director for the Ronald Reagan Presidential Foundation and Institute, and brings decades of experience in U.S. policy, including serving as General Counsel and Deputy Chief Staff Director of the U.S. House Armed Services Committee, as well as Deputy Assistant Secretary of Defense.

‍

Cyclic Materials Media Contact

Phil Sgro  

email: cyclicmaterials@antennagroup.com

‍

About Cyclic Materials

Cyclic Materials is building a resilient supply chain for rare earth elements (REEs) and other critical materials through the recycling of magnet-containing end-of-life products. Its innovative technology transforms end-of-life products into valuable raw materials that are essential to automotive, AI, robotics, defense, energy, medical, and other advanced manufacturing. With the success of its commercial demonstration and first shipments of high purity recycled Mixed Rare Earth Oxides (rMREO) to customers, the company is rapidly expanding its cutting-edge technology to commercial scale across North America, Europe and Asia, leveraging its proprietary MagCycle® and REEPure℠ processes to feed strategic industries with a secure supply of rare earths. The company was named Top 10 Climate Tech Companies to Watch by MIT Tech Review in 2025. Learn more at cyclicmaterials.earth.

Source: Cyclic Materials