Supply Chain

Paxos Labs Launches PAXGy, Bringing Institutional Gold Leasing Yield On-Chain

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Paxos Labs Launches PAXGy, Bringing Institutional Gold Leasing Yield On-Chain

New York – September 25, 2026 -- Paxos Labs has launched PAXGy, a gold-backed token that accrues value in gold terms by routing reserves into the multi-billion dollar institutional gold leasing market that has set bullion lending rates for four decades.

PAXGy deploys PAXG reserves into a market previously closed to retail holders

Holders deposit PAXG or swap accepted stablecoins for PAXGy, which is redeemable for PAXG at any time. The underlying gold is deployed to a network of vetted institutional borrowers -- refiners, jewelry manufacturers, miners and bullion banks -- through the same leasing market that has priced bullion lease rates for decades. As reserves are deployed, value accrues to the PAXGy exchange rate, meaning each token becomes worth more PAXG over time and holders can exit with more notional ounces than their principal.

Hyosung Scales HVDC Tech to 2 GW, Targets Top-3 Grid Rank in 5 Years

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Hyosung Scales HVDC Tech to 2 GW, Targets Top-3 Grid Rank in 5 Years

Seoul – September 25, 2026 -- Hyosung Heavy Industries is scaling its proprietary voltage-source converter (VSC) HVDC technology to 2 gigawatts, building on a commercial base of 200 MW systems, as it targets a position among the world's top three power solutions providers within five years.

Hyosung began HVDC development in 2012 with a 20 MW demonstration project in Jeju

The company subsequently developed 200 MW converter valves and control systems and deployed them on live grids, building operational experience that it is now applying to large-scale 2 GW systems. Since 2012, Hyosung has pursued in-house development of core HVDC components rather than licensing external technology, part of a South Korean government push to localize converter valves, control systems and converter transformers.

Honor Shipments Hit 71 Million in 2025 After Rebuilding From 3% Share

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Honor Shipments Hit 71 Million in 2025 After Rebuilding From 3% Share

Beijing – September 25, 2026 -- Honor's global smartphone shipments surpassed 71 million units in 2025, making it the fastest-growing leading smartphone vendor after the company's domestic market share had collapsed to just 3% following its November 2020 spinoff from Huawei.

Shipments climbed 25% in Q1 2026 despite market headwinds

Honor extended its recovery into 2026, with first-quarter shipments rising 25% even as broader smartphone demand faced pressure. The gains follow a period in which the roughly 7,000-person team operated without an owned operating system or manufacturing facilities.

Baseline Integrates Xactus Verification Into Lending Platform

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Baseline Integrates Xactus Verification Into Lending Platform

New York – September 25, 2026 -- Baseline, a loan origination and servicing platform built for private real estate lenders, has integrated Xactus verification solutions directly into its workflow, allowing clients to order, track, and receive credit and flood reports without leaving the platform.

Integration eliminates manual data re-entry across separate verification systems

Private lenders previously had to log into a separate system, re-enter borrower data, and manually pull results back into the loan file to complete verification. Baseline says the new integration removes that step, embedding Xactus verification data directly into its dashboard.

Celebree CEO Pushes American Franchise Act at IFA Summit

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Celebree CEO Pushes American Franchise Act at IFA Summit

Baltimore – September 25, 2026 -- Richard Huffman, founder, president and CEO of Celebree School, joined U.S. Rep. Johnny Olszewski and a local Chick-fil-A owner on a featured panel at the 2026 International Franchise Association Advocacy Summit in Washington, D.C., pressing for passage of the American Franchise Act.

Record crowd of 500 franchise executives lobbies Congress

The Summit, hosted by IFA Senior Director of Federal Government Relations Haider Murtaza, drew more than 500 franchise executives, owners and Franchisees of the Year to the capital. Attendees spent the week urging lawmakers to pass the bipartisan American Franchise Act, which would establish a single, permanent federal joint-employer standard for the franchise industry after a decade of shifting rules.

Rock Tech Lithium Joins Muskoka Capital Event to Court Canadian Investors

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Rock Tech Lithium Joins Muskoka Capital Event to Court Canadian Investors

Toronto – September 25, 2026 -- Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) will hold 18 scheduled one-to-one meetings at the Muskoka Capital Event running September 25-27, 2026, as part of a push to deepen ties with Canadian institutional capital.

Rock Tech books 18 meetings among 47 companies and 55 investors at CEM's year-end event

The event, hosted by Capital Event Management Ltd. (CEM) at the JW Marriott The Rosseau Muskoka Resort & Spa in Muskoka, Ontario, marks CEM's final Capital Event of 2026. Rock Tech's 18 sessions, each 20 minutes, will run alongside roughly 47 other participating companies and more than 55 institutional investors, portfolio managers, investment advisors, family offices and high-net-worth investors drawn from across North America.

Lyntris Completes Two-Year Wedgelock Qualification for Navy's SPY-6 Radar

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Lyntris Completes Two-Year Wedgelock Qualification for Navy's SPY-6 Radar

Washington – September 25, 2026 -- Lyntris Inc. (NYSE: LYNX) has completed qualification of a wedgelock assembly critical to Raytheon's SPY-6 radar family, closing a supply chain gap identified during the U.S. Navy program's shift to full-rate production.

Two-year effort converts a long-lead bottleneck into an in-house capability

The qualification followed nearly two years of joint work between Lyntris and Raytheon, an RTX business, after a supply chain review flagged the wedgelock -- a sub-assembly within the Radar Modular Assembly (RMA) chassis -- as a risk to build-rate targets. Lyntris established manufacturing processes, validated performance, and secured qualification as a scalable production source meeting U.S. Navy requirements.

Minaris, Asimov Partner to Boost AAV Gene Therapy Production Titers

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Minaris, Asimov Partner to Boost AAV Gene Therapy Production Titers

Philadelphia and Boston – September 25, 2026 -- Minaris, a global cell and gene therapy CDMO, has partnered with synthetic biology firm Asimov to integrate proprietary OXGENE viral vector technology into Asimov's AAV Edge producer cell lines, targeting higher manufacturing titers and improved product quality for adeno-associated virus (AAV) gene therapies.

Stable production systems aim to replace costly transient manufacturing

Most AAV programs currently rely on transient production, requiring multiple GMP plasmids to be transfected for every batch. This method drives up costs, limits scalability, and can produce inconsistent product quality. Stable production systems have historically been difficult to develop due to the complexity and interdependency of viral genetics involved.

C-Store Chains Cut Support Incidents 40% With Scale Computing Edge Tech

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C-Store Chains Cut Support Incidents 40% With Scale Computing Edge Tech

Austin, Texas – September 25, 2026 -- Scale Computing announced that a growing roster of major convenience and fuel retail chains has standardized on its edge computing and network platform, with deployments delivering measurable operational gains across thousands of locations ahead of the NACS Show in Las Vegas, October 6-9, 2026.

Casey's General Stores rolled out edge computing to 2,600 stores in ten months

Casey's General Stores, the third-largest U.S. convenience chain with nearly 2,900 locations, partnered with Intel to deploy SC//Reliant Manager Edge Computing as a Service across more than 2,600 stores. The cloud-to-edge platform let Casey's virtualize legacy point-of-sale and fuel systems, extend the life of existing hardware, and run containerized applications alongside virtualized workloads to support mobile ordering and loyalty programs.

Duck Creek Debuts Agentic Underwriting Platform at ITC Vegas

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Duck Creek Debuts Agentic Underwriting Platform at ITC Vegas

Las Vegas – September 25, 2026 -- Duck Creek Technologies will showcase its new agentic underwriting-to-core platform at ITC Vegas 2026, built on its July acquisition of underwriting orchestration provider Send. The company positions the combined system as the industry's first solution to unite core insurance operations and intelligent underwriting workflows across the full policy lifecycle.

Duck Creek arrives at the conference after being recognized by industry analysts as the most visionary provider of core insurance systems currently on the market.