Supply Chain

Mnzil, TDG, Capital Partners Launch SAR 1bn Saudi Housing Fund

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Mnzil, TDG, Capital Partners Launch SAR 1bn Saudi Housing Fund

Riyadh – October 05, 2026 -- Mnzil, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built workforce housing across Saudi Arabia, targeting up to 50,000 worker beds.

Partners split roles across operations, development and fund management

Mnzil will act as strategic partner and exclusive operator of the portfolio, TDG will lead site selection, design and property development, while Capital Partners will serve as fund manager under its Capital Market Authority license (25315-32).

GDRTA Picks ConnXAI Maestro to Unify Transit Rider Communications

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GDRTA Picks ConnXAI Maestro to Unify Transit Rider Communications

Plainsboro Township, N.J. – October 05, 2026 -- Greater Dayton Regional Transit Authority (GDRTA) has selected ConnXAI to deploy its Unified Customer Communications Platform, powered by ConnXAI MaestroTM, to merge fixed-route, paratransit and customer-service data into a single operational layer.

GDRTA aims to replace fragmented transit systems with one operational truth

Transit data at GDRTA currently sits across separate systems covering fixed-route schedules, paratransit, vehicle locations, incident tracking and customer service. ConnXAI MaestroTM will connect these existing platforms rather than replace them, creating a shared operational context designed to improve the accuracy and timing of rider communications.

"The goal is to establish one operational truth and turn that truth into the right customer message, delivered through the right channels at the right time," said Shawn Prince, IT Director at GDRTA.

CAMINUS to Manufacture Amprius Silicon-Anode Cells in Indianapolis

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CAMINUS to Manufacture Amprius Silicon-Anode Cells in Indianapolis

Indianapolis – October 05, 2026 -- CAMINUS, formerly EnPower, has signed a contract manufacturing agreement with Amprius Technologies (NYSE: AMPX) to produce Amprius-designed silicon-anode pouch cells at its Indianapolis facility, adding domestic capacity for the aviation, defense, and uncrewed systems markets. Qualification builds are already underway, with volume production scheduled for the first quarter of 2027.

Agreement covers full production chain from partial assembly to finished cells

The deal spans the entire cell production process, from partial assembly of Amprius-supplied components to full cell manufacturing. This staged structure allows different cell formats to be produced according to their volume needs and qualification status, supporting Amprius's contract manufacturing strategy of expanding capacity with minimal capital investment.

GETCHOICE! Utility Platform Grows 220% as U.S. Power M&A Hits $216B

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GETCHOICE! Utility Platform Grows 220% as U.S. Power M&A Hits $216B

Houston – October 05, 2026 -- GETCHOICE!, the enterprise utility intelligence platform, reported 220% growth in total spend under management over the past two years, alongside a 50% run-rate revenue pace and 130% year-over-year net revenue retention. Spend managed on the platform grew more than 20% in the most recent quarter alone.

U.S. power and utilities M&A surged 173% year over year to $216 billion

PwC data cited by the company show announced U.S. power and utilities M&A totaled $216 billion in the six months ended May 2026, up 173% versus the prior-year period. GETCHOICE! frames its own expansion as a direct response to this broader shift, in which electricity, natural gas, steam, water, wastewater, waste and recycling, telecom and internet spend are increasingly treated as a single mission-critical category.

Expand Energy Taps Thoughtworks to Scale AI Across Operations

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Expand Energy Taps Thoughtworks to Scale AI Across Operations

Chicago – October 05, 2026 -- Expand Energy (NASDAQ: EXE), North America's largest independent natural gas producer, has selected global technology consultancy Thoughtworks to design and build an enterprise-wide AI capability, with a production-ready solution targeted for deployment by the end of 2026.

Expand Energy moves beyond isolated AI pilots toward enterprise-scale deployment

The multi-phase engagement spans AI strategy, use case prioritization, machine learning platform implementation and production delivery across Expand Energy's exploration, production and energy marketing operations. Josh Viets, executive vice president and chief operating officer at Expand Energy, said the company selected Thoughtworks for its ability to connect strategy, technology and delivery within a single engagement.

EPAM Launches Data and Evaluation Services for Frontier AI Models

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EPAM Launches Data and Evaluation Services for Frontier AI Models

Newtown, Pa. – October 05, 2026 -- EPAM Systems (NYSE: EPAM) has launched a strategic offering aimed at powering frontier AI models through high-fidelity data generation, model evaluation and custom reinforcement learning (RL) environments, targeting what it calls a critical industry bottleneck in enterprise AI deployment.

EPAM positions engineering heritage against shift from compute to domain intelligence

Elaina Shekhter, Chief Strategy & Transformation Officer at EPAM, said demand has moved from raw compute to specialized domain intelligence as frontier AI models shift from general experimentation toward complex enterprise workflows and multi-step agentic execution. The company is leveraging its multi-decade enterprise engineering background to build what it describes as a foundational intelligence layer for the AI ecosystem.

AOI Completes $600M ATM Equity Offering for AI Data Center Push

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AOI Completes $600M ATM Equity Offering for AI Data Center Push

Sugar Land, Texas – October 05, 2026 -- Applied Optoelectronics (NASDAQ: AAOI) has completed a $600 million at-the-market equity offering, selling 5,694,845 shares at an average price of $105.36 to net $587,999,985.89 for the company.

AOI raises $588 million through third ATM program of 2026

The offering, disclosed on August 21, 2026 via a prospectus supplement filed with the U.S. Securities and Exchange Commission, marks the company's third at-the-market equity raise this year. AOI confirmed the program's completion today, closing a capital-raising effort aimed at funding its optical networking manufacturing expansion.

Traditional Medicinals Opens $47M Virginia Tea Plant, Goes Bicoastal

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Traditional Medicinals Opens $47M Virginia Tea Plant, Goes Bicoastal

Rocky Mount, Va. – October 05, 2026 -- Traditional Medicinals has started tea production at its new $47 million, 110,000-square-foot manufacturing facility in Franklin County, Virginia, marking the botanical wellness company's shift to bicoastal manufacturing after more than five decades of operating solely from California.

New Virginia plant becomes company's second manufacturing site after Sebastopol, California

The facility, located in Summit View Business Park, joins Traditional Medicinals' original site in Sebastopol as the company seeks more efficient, sustainable distribution to meet nationwide demand for botanical wellness products. The plant is the first and only tilt-up concrete construction project in Franklin County, built with regionally based design and construction partners including MB Contractors, Interactive Design Group, ProCon Inc., Jamison Electric, Varney Inc., and Bowman Excavation.

AerCap Signs 85 Leases, Buys Back $783M in Shares in Q3

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AerCap Signs 85 Leases, Buys Back $783M in Shares in Q3

Dublin – October 05, 2026 -- AerCap Holdings N.V. (NYSE: AER) signed 85 lease agreements and repurchased 5.3 million shares for approximately $783 million during the third quarter of 2026, the Dublin-based aviation lessor disclosed in a business update.

AerCap expands its leased fleet with 85 new agreements covering widebody, narrowbody and helicopter assets

The lease volume included 16 widebody aircraft, 45 narrowbody aircraft, 13 engines and 11 helicopters, reinforcing AerCap's position as the largest global aircraft lessor by fleet size.

The company completed 34 aircraft purchases to replenish its owned portfolio

Acquisitions totaled 32 aircraft and 2 helicopters, including 8 Airbus A320neo Family jets, 20 Boeing 737 MAX aircraft, 2 Boeing 787-9s and 2 Embraer E195-E2s added to AerCap's owned fleet.

Diray Media Taps MCG to Optimize Streaming Supply Pre-Bid

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Diray Media Taps MCG to Optimize Streaming Supply Pre-Bid

New York – October 05, 2026 -- Diray Media, a woman-owned, WBENC-certified performance media company, has named Media Consulting Group (MCG) as its upstream optimization partner for streaming TV, extending its outcomes-based media model into the supply chain before bids are placed.

Diray extends its performance model upstream into supply-side procurement

Diray built its business model on scoring every media placement against client outcomes -- sales, orders, leads, and market share -- then adjusting buys to improve results. The company identified supply-side structuring as the next lever in that discipline, selecting MCG to shape streaming inventory before it reaches the bid rather than optimizing only after a placement is won.