market_expansion

Excess Share Insurance Expands to South Dakota, Alaska, New Mexico

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Excess Share Insurance Expands to South Dakota, Alaska, New Mexico

United States – October 15, 2026 -- Excess Share Insurance Corporation (ESI) now covers 41 states and the District of Columbia and serves more than 350 credit unions after entering South Dakota, Alaska and New Mexico.

ESI adds three states to its national footprint

American Share Insurance (ASI) and its wholly owned subsidiary ESI are establishing a presence in the three states. Theresa Mason, President and CEO of both ASI and ESI, said the companies aim to build lasting relationships with credit unions in the new markets.

ESI covers balances above the $250,000 primary insurance limit

ASI is a member-owned share guaranty corporation licensed by the Ohio Department of Insurance. It provides up to $250,000 of primary share insurance per member account. ESI, which has operated since 1993, lets qualifying credit unions, both federally and privately insured, give members coverage above that level.

AITO Targets Autumn 2027 European Entry, Shows Platform in Paris

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AITO Targets Autumn 2027 European Entry, Shows Platform in Paris

Paris – October 14, 2026 -- AITO, the luxury mobility brand of SERES Group, plans to enter the European market in autumn 2027, using the 2026 Paris Motor Show to present the platform and factory capabilities behind its push.

SERES MF Platform covers battery-electric, range-extender and plug-in hybrid drives

The SERES MF Platform is AITO's core vehicle technology architecture. It combines diverse powertrains, intelligent safety, an intelligent chassis, an intelligent central hub, cabin and ADAS integration, and intelligent services. The powertrain range spans BEV, REEV and PHEV configurations, so one architecture can serve different powertrain needs.

Noah Medical Completes First Commercial Galaxy Procedure in Asia

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Noah Medical Completes First Commercial Galaxy Procedure in Asia

San Carlos – October 12, 2026 -- Noah Medical has completed its first commercial procedure in Asia with the Galaxy System at Prince of Wales Hospital in Hong Kong, moving the robotic bronchoscopy platform from clinical study to routine hospital use in the region.

Hong Kong hospital moves Galaxy from clinical study to commercial use

The hospital performed the first clinical use of the platform in Asia in December 2023. The new procedure marks the transition from clinical investigation to commercial integration, according to the company.

Thoracic surgeon Dr. Calvin S. H. Ng, a Professor at the Chinese University of Hong Kong and Consultant Thoracic Surgeon at Prince of Wales Hospital, performed the procedure. Dr. Ng took part in early development of the Galaxy System, and the company says his input shaped its design.

Xcotton Pitches Post-Purchase Protection to Brands at IFA 2026

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Xcotton Pitches Post-Purchase Protection to Brands at IFA 2026

Berlin – September 09, 2026 -- While thousands of exhibitors at IFA 2026 promote smarter devices and AI-driven gadgets, U.S.-based Xcotton is using the Berlin trade show to sell brands on a different proposition: what happens to a customer relationship after the checkout button is clicked.

Xcotton offers shipping, product and insurance-backed protection for e-commerce merchants

Xcotton operates as a post-purchase protection platform, enabling online merchants to bundle shipping protection, product protection and insurance-backed coverage into the buying experience. The company positions these tools as a way to offset delivery risk -- lost, delayed, stolen or damaged shipments -- that can trigger refunds, replacement costs and customer-service workload as order volumes scale internationally.

Hyosung TNC Pushes Bio-Spandex Platform Across Europe, U.S. Markets

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Hyosung TNC Pushes Bio-Spandex Platform Across Europe, U.S. Markets

Seoul – September 09, 2026 -- Hyosung TNC is scaling its sugarcane-based regen™ Bio Spandex platform across Europe and North America, positioning the fiber as an alternative to fossil-fuel-based textiles amid tightening EU climate rules.

Hyosung TNC showcased its Vietnam-based integrated bio-spandex system at three major global events

The company presented its fully integrated production ecosystem -- converting raw sugar certified under the VIVE Sustainable Supply Programme into Bio-BDO, Bio-PTMG and Bio-Spandex within a single Vietnam-based facility -- at the Global Fashion Summit 2026 in Copenhagen in May, the Future Fabrics Expo in Brussels in June, and the Functional Fabric Fair in New York in July.