Contract Award

Quarterhill Wins $28.2M LA Metro ExpressLanes Subcontract

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Quarterhill Wins $28.2M LA Metro ExpressLanes Subcontract

Toronto – October 15, 2026 -- Quarterhill Inc. (TSX: QTRH; OTCQX: QTRHF) has been selected as a subcontractor to BRiC-TPS, LLC on the Los Angeles County Metropolitan Transportation Authority's (Metro) new ExpressLanes Back Office System, in a subcontract valued at approximately $28.2 million.

Contract covers I-10, I-110, I-105 and future corridors for up to 14 years

The work supports Metro ExpressLanes Operations and Maintenance on the I-10, I-110 and I-105 interstate freeways, plus future corridors. The term comprises an 8-year base period and two 3-year option periods, for a maximum of 14 years.

Metro serves Los Angeles County, which has nearly 10 million residents.

SIMFLO Wins El Salvador Municipal Water Pump Supply Contract

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SIMFLO Wins El Salvador Municipal Water Pump Supply Contract

Lubbock – – October 15, 2026 -- SIMFLO, the Texas-based pump maker, has been selected to supply high-efficiency vertical turbine pump bowl assemblies across all four key regions of El Salvador for municipal well construction and scheduled water system maintenance.

SIMFLO equipment will serve El Salvador's Western, Central, Eastern and San Salvador Metropolitan regions

The equipment is being distributed across Zona Occidental, the Central region, Zona Oriental and the San Salvador Metropolitan area. It will support municipal water services in various departments. The source does not disclose the contract value or the number of units.

SIMFLO supplied 1800 RPM models with stainless steel impellers for 10- to 14-inch wells

To meet specific well requirements, SIMFLO provided 1800 RPM vertical turbine models fitted with stainless steel impellers and conical strainers. The assemblies are engineered for well diameters of 10 to 14 inches.

Nel Wins $12M U.S. Tech Order for Containerized PEM Electrolysers

Oslo – October 14, 2026 -- Nel Hydrogen US, a subsidiary of Nel ASA (OSE: NEL), has received a purchase order worth about USD 12 million from an undisclosed U.S.-based global technology company for multiple containerized PEM electrolyser units and related services.

Order covers MC-series units with delivery estimated in 2027

The order is for Nel's MC-series, a containerized PEM electrolyser platform built for on-site hydrogen production. Delivery is estimated for 2027. The customer's name was not disclosed.

Nel will build the stacks in Wallingford, Connecticut

Production of the stacks will take place at Nel's facility in Wallingford, CT. The company said the containerized format supports faster installation and integration in technology environments where performance, reliability and supplier execution are critical.

Mainspring Energy Wins 1.6 GW Linear Generator Deal With AEP

Menlo Park – October 14, 2026 -- Mainspring Energy has signed a sales agreement with American Electric Power (AEP) to supply up to 1.6 gigawatts (GW) of Mainspring Linear Generators through 2034, the largest linear generator procurement to date.

AEP orders first 190 MW tranche for delivery from 2027

AEP has already purchased an initial tranche of 190 megawatts (MW). Deliveries of that first batch begin in 2027, while the remaining capacity under the agreement would be supplied over the period to 2034.

AEP is one of North America's largest electric utilities.

CPI Wins Multimillion-Dollar US ISR Antenna Contract

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CPI Wins Multimillion-Dollar US ISR Antenna Contract

Plano, Texas – October 14, 2026 -- Communications & Power Industries (CPI) has won a multimillion-dollar contract to supply an antenna system for a U.S. government intelligence, surveillance and reconnaissance (ISR) program.

CPI to deliver quadband RF antenna with multi-motor drive on each axis

The system combines a quadband radio frequency (RF) design with a multi-motor drive architecture on each axis. CPI said the award draws on its RF engineering, motion control and system integration expertise to meet demanding mission requirements.

CPI cites 50 years supplying large-aperture antennas

The company describes itself as a major global supplier of large-aperture antennas for 50 years. Its installed base includes hundreds of ISR antennas, ranging from small tactical and transportable systems to large-aperture systems exceeding 30 meters in diameter.

Schemata Wins $3.25M AFWERX Contracts for AI Air Force Training

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Schemata Wins $3.25M AFWERX Contracts for AI Air Force Training

San Francisco – October 14, 2026 -- Schemata has been awarded $3.25 million in fully funded, milestone-based contracts through the U.S. Air Force innovation arm AFWERX to deliver AI-enabled virtual training for Air Force equipment. The total comprises an initial $1.25 million award and a $2 million extension, which funds training for members of the 97th Air Mobility Wing.

Altus pilot spreads to nine installations at no added cost

Schemata began with two civilian equipment platforms at Altus. Each module is a photorealistic, interactive 3D copy of the real equipment, paired with an AI Instructor that guides Airmen through inspection procedures and answers their questions. Airmen use the modules to prepare for the hands-on inspection portion of equipment certification, and can practice on their own schedule without the physical equipment or an instructor present.

Raytheon Wins $729M for LIDS Counter-Drone Systems in U.S., Qatar, Jordan

Tucson – October 14, 2026 -- Raytheon, an RTX business, was awarded $729 million to deliver key components of the LIDS counter-drone system to the U.S. Army, Qatar and Jordan. The contracts include the first international sales of both the Ku-band Radio Frequency Sensor (KuRFS) and the Coyote effector.

LIDS contract covers fixed-site and mobile configurations

LIDS, the Low, slow, small, unmanned aircraft Integrated Defeat System, incorporates KuRFS and Coyote. The award includes a mix of fixed-site and mobile LIDS configurations.

KuRFS provides 360-degree threat detection within the U.S. Army's LIDS program. Coyote's low-cost kinetic and non-kinetic effectors defeat individual drones as well as swarms, and have recorded hundreds of intercepts in combat.

Arevon Signs Three 20-Year REC Deals for 200 MW Illinois Solar

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Arevon Signs Three 20-Year REC Deals for 200 MW Illinois Solar

Perry County – October 13, 2026 -- Arevon Energy has executed three 20-year Indexed Renewable Energy Credit (REC) contracts with Ameren Illinois, ComEd and MidAmerican Energy for its 200 MWac/275 MWdc Panther Energy Project in Perry County, Illinois.

Panther Energy to deliver 421,131 RECs in its first year

The contracts follow Panther Energy's selection in the Illinois Power Agency's (IPA) Summer 2026 Indexed REC procurement, which the Illinois Commerce Commission (ICC) approved. Under the IPA methodology, the project will deliver 421,131 RECs in year one. Those volumes will be allocated among the three utilities through separate long-term contracts with each.

The utilities will use the RECs to meet obligations under the Illinois Renewable Portfolio Standard. The Indexed REC structure provides long-term revenue certainty that supports development and financing of new renewable projects.

Aeon Industrial Puts 10,000+ MERC Fuzing Devices Into Production

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Aeon Industrial Puts 10,000+ MERC Fuzing Devices Into Production

Austin, Texas – October 13, 2026 -- Aeon Industrial has placed more than 10,000 of its MERC high-voltage electronic safe-and-arm devices into production, one of several milestones behind its selection to the inaugural 2026 Austin Deep Tech 50.

Aeon wins eight-figure defense contract and Army interceptor selection

The vertically integrated defense manufacturer secured a key eight-figure defense contract in recent weeks. It was also selected for the U.S. Army's interceptor challenge with its layered air and missile defense architecture.

The MERC production order followed successful performance at the Department of War's Drone Dominance initiative. MERC is a low-cost safe-and-arm device that supports time, proximity, and impact fuzing across drones, missiles, and interceptors.

Aeon also delivered ahead of schedule on a complex U.S. Army contract covering development of an all-up weapon system and warhead, including successful live testing.

Cvi Wins Air Force Contract for Tinker AFB Maintenance Stands

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Cvi Wins Air Force Contract for Tinker AFB Maintenance Stands

Prineville, Oregon – October 13, 2026 -- Cv International, Inc. (Cvi) has won a U.S. Air Force contract to design, fabricate, test and install a modular maintenance work stand system at Tinker Air Force Base in Oklahoma. The system will support the 76th Aircraft Maintenance Group's Program Depot Maintenance mission, with the aim of speeding aircraft servicing and improving mission-capable rates. The company did not disclose a contract value.

New stands will be interchangeable with existing Tinker equipment

The system will be compatible and interchangeable with current maintenance stand sets, including the Conect/Crown and Staircase Stands. Design features include electrically powered height adjustment, recessed hardware and collapsible engine stand railings. Integrated electrical power, compressed air and lighting will run throughout each stand.