Author Archives: 862global

Day Two of the 11th World FZO Congress Highlights the Role of Digitization and Sustainability in Shaping the Future of Free Zones

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Day Two of the 11th World FZO Congress Highlights the Role of Digitization and Sustainability in Shaping the Future of Free Zones




Day Two of the 11th World FZO Congress Highlights the Role of Digitization and Sustainability in Shaping the Future of Free Zones

HAINAN, China–(BUSINESS WIRE)–The World Free Zones Organization’s 11th annual World Congress continued its agenda today with a focus on the role of digitization and sustainability in the future of free zones and the mechanisms for enhancing their position as strategic trade gateways.




The day’s sessions featured a series of sessions addressing critical themes such as the digitization of trade corridors, the impact of the OECD Global Minimum Tax, and the role of free zones as regional trade gateways.

Sustainability took centre stage with sessions focusing on the transition to net-zero through renewable energy, circular economy models, and green financing frameworks. Speakers underscored that decarbonization is not only a climate imperative but also a competitive advantage for the next generation of free zones.

The Congress also witnessed the inauguration of the Global Free Zones Research Institute, a pioneering international think tank dedicated to advancing research, policy dialogue, and capacity-building for free zones worldwide.

The Institute’s activities will include conducting research on critical issues facing free zones, providing policy recommendations, organizing expert panels and international exchanges, publishing industry reports, and offering specialised training and consulting services to governments and free zone authorities.

The second day of the Congress witnessed the signing of a Memorandum of Understanding (MoU) between six free zones and five economic and technology zones in Hainan Province. The agreement aims to enhance cooperation in cross-border data flows and strengthen the position of the signatories as key hubs in the global digital economy.

The signatories on the free zone side included the Dubai Integrated Economic Zones Authority (DIEZ) from the United Arab Emirates, PIROT Free Zone from Serbia, Tatu City Free Zone from Kenya, Luanda Special Economic Zone from Angola, Santa Fiesta Free Zone from Argentina, and the General Authority for Investment and Free Zones (GAFI) from Egypt.

From Hainan Province, the signatories included Haikou Jiangdong New Area, Haikou Fosing Industrial Internet Park, Hainan Resort Software Community, Sanya Yazhou Bay Science and Technology City, and Overseas Returnees Town Lingshui.

The MoU establishes a framework for cooperation on cross-border data flows through the development of joint mechanisms that ensure data security and resilience while facilitating the smooth and secure transfer of information between the signatories.

*Source: AETOSWire

Contacts

Mazen Dirany

World-FZO Media

meldirany@diez.ae

Day Two of the 11th World FZO Congress Highlights the Role of Digitization and Sustainability in Shaping the Future of Free Zones

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Day Two of the 11th World FZO Congress Highlights the Role of Digitization and Sustainability in Shaping the Future of Free Zones




Day Two of the 11th World FZO Congress Highlights the Role of Digitization and Sustainability in Shaping the Future of Free Zones

HAINAN, China–(BUSINESS WIRE)–The World Free Zones Organization’s 11th annual World Congress continued its agenda today with a focus on the role of digitization and sustainability in the future of free zones and the mechanisms for enhancing their position as strategic trade gateways.




The day’s sessions featured a series of sessions addressing critical themes such as the digitization of trade corridors, the impact of the OECD Global Minimum Tax, and the role of free zones as regional trade gateways.

Sustainability took centre stage with sessions focusing on the transition to net-zero through renewable energy, circular economy models, and green financing frameworks. Speakers underscored that decarbonization is not only a climate imperative but also a competitive advantage for the next generation of free zones.

The Congress also witnessed the inauguration of the Global Free Zones Research Institute, a pioneering international think tank dedicated to advancing research, policy dialogue, and capacity-building for free zones worldwide.

The Institute’s activities will include conducting research on critical issues facing free zones, providing policy recommendations, organizing expert panels and international exchanges, publishing industry reports, and offering specialised training and consulting services to governments and free zone authorities.

The second day of the Congress witnessed the signing of a Memorandum of Understanding (MoU) between six free zones and five economic and technology zones in Hainan Province. The agreement aims to enhance cooperation in cross-border data flows and strengthen the position of the signatories as key hubs in the global digital economy.

The signatories on the free zone side included the Dubai Integrated Economic Zones Authority (DIEZ) from the United Arab Emirates, PIROT Free Zone from Serbia, Tatu City Free Zone from Kenya, Luanda Special Economic Zone from Angola, Santa Fiesta Free Zone from Argentina, and the General Authority for Investment and Free Zones (GAFI) from Egypt.

From Hainan Province, the signatories included Haikou Jiangdong New Area, Haikou Fosing Industrial Internet Park, Hainan Resort Software Community, Sanya Yazhou Bay Science and Technology City, and Overseas Returnees Town Lingshui.

The MoU establishes a framework for cooperation on cross-border data flows through the development of joint mechanisms that ensure data security and resilience while facilitating the smooth and secure transfer of information between the signatories.

*Source: AETOSWire

Contacts

Mazen Dirany

World-FZO Media

meldirany@diez.ae

Oralift Neuro: A New Concept to Support Brain Recovery in Contact Sports

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Oralift Neuro: A New Concept to Support Brain Recovery in Contact Sports




Oralift Neuro: A New Concept to Support Brain Recovery in Contact Sports

Innovation aims to complement post-game recovery in rugby and American football

LONDON, Oct. 10, 2025 (GLOBE NEWSWIRE) — Concern over the long-term effects of head injuries in rugby and American football has inspired a new approach to athlete care. Oralift Neuro, an emerging concept at the initiation stage, explores how gentle neuromuscular stimulation might help the brain’s natural recovery after repeated impact.

Even mild head knocks can trigger inflammation and raise the risk of Motor Neurone Disease (MND) and Chronic Traumatic Encephalopathy (CTE). The challenge is to find non-invasive ways to aid recovery during the crucial hours after play, when the brain begins to repair itself.

Building on Real-World Results

Oralift Neuro builds on the heritage of the original Oralift appliance, used for more than 25 years.
A 2018 peer-reviewed paper in The Open Dentistry Journal reported measurable improvements in skin texture and facial features, while an independent 2021 study by Cutest Systems Ltd found a 12.5 per cent wrinkle reduction and 20 per cent rise in skin elasticity after two weeks, with early responses seen within minutes.
Users have also reported wellbeing benefits such as better sleep, relaxation, and improved memory, thought to result from neuromuscular adaptation and enhanced craniofacial circulation.

Many notice changes within 10 minutes of first using both the 3 mm and 5 mm devices, showing how quickly the body adapts. This rapid response motivates further study of whether similar mechanisms could help create a favourable environment for neurological recovery after head impacts.

A Personal Insight from Dr Mohindra

“For over two decades Oralift has shown how the body can adapt and rejuvenate naturally,” said Dr Naresh Mohindra, inventor of Oralift. “Nearly five years ago I suffered a skull fracture from a fall caused by postural hypotension. After hospital care I used Oralift briefly during recovery. Within two weeks I returned to work — and I’m still working today. Though anecdotal, this reinforced my belief in the body’s ability to heal and inspired Oralift Neuro.”

Crowdfunding and Collaboration

To move the concept forward, Oralift has launched an Indiegogo campaign to fund prototype testing and a collaborative study with a leading UK university, investigating how jaw-based neuromuscular stimulation might influence cranial blood flow and post-impact recovery markers.

“Our aim is to unite science and innovation to protect athletes’ long-term brain health,” Dr Mohindra added. “We welcome support from the sports community and the public to advance this research.”

To learn more or support the campaign, visit www.oralift.com.

Media Contact:
Oralift Communications Team
research@oralift.com 		 www.oralift.com

Troilus en nomination pour le prix d’Excellence en développement durable de l’AEMQ

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MONTRÉAL, 08 oct. 2025 (GLOBE NEWSWIRE) — Troilus Gold Corp. (« Troilus » ou la « Société ») (TSX : TLG; OTCQX : CHXMF; FSE : CM5R) a l’honneur d’annoncer qu’elle a été nommée finaliste pour le prix d’Excellence en développement durable dans le cadre des prix annuels de reconnaissance de l’Association de l’exploration minière du Québec (« AEMQ »). Ces distinctions soulignent les entreprises dont le dynamisme et le leadership contribuent à l’avancement de l’industrie de l’exploration minière au Québec.

Le prix d’Excellence en développement durable reconnaît les organisations qui se distinguent par leur leadership et leurs plus hauts standards en matière de gestion environnementale, d’engagement communautaire et de pratiques de développement responsable. Troilus a également soumis sa candidature pour le prix Entrepreneur de l’année, qui récompense les entreprises ayant réalisé des progrès significatifs au cours de la dernière année dans l’avancement de leurs projets.

Les lauréats des deux prix seront annoncés lors du Gala de reconnaissance 2025 de l’AEMQ, le mercredi 29 octobre, à Montréal, dans le cadre du congrès annuel Xplor, qui se tiendra au Westin Montréal du 27 au 30 octobre 2025. Les lauréats sont sélectionnés par un comité relevant du conseil d’administration de l’AEMQ, sur la base d’une évaluation des travaux, projets et initiatives réalisés par les entreprises candidates au cours de l’année.

Justin Reid, chef de la direction et administrateur de Troilus, a déclaré : « Nous sommes honorés d’avoir été sélectionnés comme finalistes pour le prix d’Excellence en développement durable de l’AEMQ, parmi les entreprises d’exploration et de développement minier du Québec. Cette reconnaissance reflète les valeurs qui guident notre travail au quotidien — qu’il s’agisse de minimiser les impacts environnementaux ou de favoriser des partenariats transparents et durables avec nos communautés d’accueil. En tant que futur producteur d’or et de cuivre parmi les plus importants au Canada, nous sommes fiers de faire progresser le projet Troilus de manière responsable et en cohérence avec la vision du Québec pour un secteur minier durable et innovant. Mener à bien un projet de cette envergure exige dévouement, collaboration et recherche de l’excellence, et je suis extrêmement fier de notre équipe qui incarne pleinement ces valeurs. »

À propos de Troilus Gold Corp.

Troilus Gold Corp. est une société minière canadienne en phase de développement qui se concentre sur l’avancement systématique de l’ancienne mine d’or et de cuivre Troilus vers la production. Troilus se situe dans les territoires miniers de premier rang du Québec, au Canada, où elle possède un vaste territoire de 435 km² dans la ceinture de roches vertes de Frotet-Evans. Une étude de faisabilité terminée en mai 2024 appuie une exploitation minière à ciel ouvert de grande envergure, d’une durée de 22 ans et d’une capacité de 50 000 tpj, positionnant ainsi Troilus comme un projet phare en Amérique du Nord.

Pour plus de renseignements :

Caroline Arsenault
Vice-présidente, communications de l’entreprise
+1 (647) 276-0050
info@troilusgold.com 

Mise en garde relative aux énoncés prospectifs et à l’information prospective

Le présent communiqué de presse contient des « énoncés prospectifs » au sens de la législation canadienne applicable en matière de valeurs mobilières. Les énoncés prospectifs comprennent, sans s’y limiter, des déclarations concernant l’incidence des nominations sur la Société et la probabilité que sa sélection comme finaliste mène à l’obtention des prix; les plans de développement; les possibilités d’accroître l’envergure du projet; le projet devenant une pierre angulaire de l’industrie minière en Amérique du Nord; ainsi que le potentiel de développement du projet et son échéancier. De façon générale, les énoncés prospectifs se reconnaissent à l’utilisation de termes comme « planifie », « s’attend à » ou « ne s’attend pas à », « est prévu », « budget », « prévu à l’horaire », « estime », « projette », « entend », « continue », « anticipe » ou « n’anticipe pas », ou encore « croit », ainsi qu’à l’emploi de formulations indiquant que certaines actions, certains événements ou certains résultats « peuvent », « pourraient », « devraient », « seront », « pourraient être pris », « surviendront » ou « seront réalisés ». Les énoncés prospectifs sont fondés sur certaines hypothèses et sur d’autres faits importants qui, s’ils s’avéraient inexacts, pourraient faire en sorte que les résultats réels, le rendement ou les réalisations de Troilus diffèrent considérablement des résultats futurs exprimés ou sous-entendus dans ces énoncés. Ces déclarations et informations reposent sur de nombreuses hypothèses concernant les stratégies commerciales actuelles et futures, ainsi que sur le contexte dans lequel Troilus exercera ses activités. Certains facteurs importants pouvant faire en sorte que les résultats réels, le rendement ou les réalisations diffèrent de façon significative de ceux exprimés dans les énoncés prospectifs comprennent notamment : les fluctuations des devises, la conjoncture économique mondiale, la dilution des actions, la volatilité du cours des actions et la concurrence. Les énoncés prospectifs sont soumis à des risques connus et inconnus, à des incertitudes et à d’autres facteurs importants qui peuvent faire en sorte que les résultats réels, le niveau d’activité, le rendement ou les réalisations de Troilus diffèrent de façon importante de ceux exprimés ou sous-entendus par ces énoncés prospectifs, notamment, sans s’y limiter : l’absence de garantie que les programmes d’exploration mèneront à une expansion des ressources minérales; les incertitudes et risques inhérents aux estimations des ressources et réserves minérales; le fort degré d’incertitude associé aux études de faisabilité et autres études minières ou économiques, lesquelles reposent largement sur diverses hypothèses; les variations du prix de l’or et d’autres métaux; les fluctuations des taux de change; les variations du coût des fournitures et de la main-d’œuvre; l’obtention des approbations nécessaires; la disponibilité du financement pour le développement du projet; les incertitudes et risques liés au développement de projets miniers; les incertitudes générales d’ordre commercial, économique, concurrentiel, politique et social; les prix futurs de l’or et des autres métaux; les accidents, conflits de travail et pénuries; les risques environnementaux et autres risques liés à l’industrie minière, y compris, sans s’y limiter, ceux décrits dans le plus récent formulaire d’information annuel de la Société, ses rapports techniques et autres documents d’information continue disponibles sous le profil de la Société sur www.sedarplus.ca. Même si Troilus a tenté de cerner les facteurs importants pouvant entraîner un écart notable entre les résultats réels et ceux exprimés dans les énoncés prospectifs, d’autres facteurs pourraient faire en sorte que les résultats diffèrent de ceux anticipés, estimés ou prévus. Rien ne garantit que ces énoncés s’avéreront exacts, car les résultats réels et les événements futurs pourraient différer de façon importante de ceux prévus. En conséquence, les lecteurs sont priés de ne pas accorder une confiance indue aux énoncés prospectifs. Troilus ne s’engage aucunement à mettre à jour ces énoncés prospectifs, sauf si les lois applicables en matière de valeurs mobilières l’exigent.

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NeXtGen Biologics Announces Issuance Of A Third New Patent Covering Axolotl-Derived Technology

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NeXtGen Biologics Announces Issuance Of A Third New Patent Covering Axolotl-Derived Technology




NeXtGen Biologics Announces Issuance Of A Third New Patent Covering Axolotl-Derived Technology

GAINESVILLE, Fla., Oct. 07, 2025 (GLOBE NEWSWIRE) — NeXtGen Biologics announces the issuance of a third U.S. patent, US12311079, on May 27, 2025, as part of its suite of U.S. and foreign patents directed to extracellular matrix components derived from a highly regenerative, non-mammalian species, namely axolotls, a urodele amphibian. In addition to our previous patents1, the most recent patent is directed to a tissue culture system that provides patent coverage for two conditioned media and ECM, and methods of use of these products.

“This additional patent’s issuance bears testament to the patentability and importance of our two previously issued patents, as well as to our team’s pursuit of meaningful solutions to transform patients’ lives. Our groundbreaking platform technology is setting a new standard, not only in wound care with FDA-cleared NeoMatriX® Wound MatriX, but also in the future of regenerative medicine as a whole,” said Jonelle Toothman, CEO.

NeXtGen’s strong portfolio of patents includes 3 U.S. patents, 1 U.S. pending patent, and 8 foreign patents, have led to life-enhancing and life-saving clinical applications. NeXtGen is the only commercially operating enterprise in the world leveraging axolotl-derived technology in clinical applications.

About NeXtGen Biologics, Inc.

Headquartered in Alachua, FL, NeXtGen Biologics is a medical device company with a suite of patents covering an extracellular matrix (ECM) platform technology derived from the axolotl. Leveraging expertise in medical devices and breakthrough tissue technologies, the company is developing advanced solutions to address complex challenges in wound care, trauma, plastic surgery, cardiovascular disease, neurosurgery, orthopedics, and ophthalmology.

1See US Patent Nos. 10617790 and 11660376, which cover multiple configurations and combinations of decellularized extracellular matrix products derived from the urodeles, including axolotls, and methods of making and using those products, such as tissue grafts and medical implants.

Contact:
Jonelle Toothman, 904-599-3264, jltoothman@nextgenbiologics.com

FurtherAI announces $25M Series A from Andreessen Horowitz to transform insurance workflows with AI, automating busywork

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FurtherAI announces $25M Series A from Andreessen Horowitz to transform insurance workflows with AI, automating busywork




FurtherAI announces $25M Series A from Andreessen Horowitz to transform insurance workflows with AI, automating busywork

The $7 trillion insurance industry runs on the judgment and expertise of its professionals — but outdated systems bury that talent under busywork. FurtherAI helps process billions in premiums each year, giving insurers measurable impact: hours of work reduced to minutes, millions saved annually, and faster, more accurate workflows across underwriting, claims, and compliance.

San Francisco, Oct. 07, 2025 (GLOBE NEWSWIRE) — The people who keep insurance running are overwhelmed. They’re doing trillion-dollar work with outdated tools – buried in PDFs and Excels, juggling manual reviews, and navigating disconnected systems. FurtherAI, the leading AI for insurance, is changing that. Today, the company announced a $25 million Series A led by Andreessen Horowitz – one of the largest Series A ever raised in insurance AI.

The raise comes just six months after its $5M seed round, underscoring the industry’s rapid embrace of domain-specific AI. The round also included Nexus Venture Partners, Y Combinator, amongst others bringing their total funding to $30 million.

FurtherAI founders: Aman Gour and Sashank Gondala.

With this new funding, FurtherAI will expand its library of  insurance-specific workflows, deepen integrations with carrier and broker systems, and scale its go to market teams to meet surging demand. The goal is simple: help insurers with its long awaited technology transformation by automating workflows like submissions processing, underwriting audits, claims handling, and policy comparisons through AI so professionals can focus on risk, clients, and growth.

FurtherAI is the AI Workspace for Insurance.

Insurance is under pressure on every front – talent is scarce, climate risk is rising, and regulators demand more transparency. Many insurers have already experimented with AI, but the results fall short: generic tools miss the nuances of complex insurance documents, while point solutions only solve a slice of the problem. FurtherAI offers a third path – an insurance-native workspace that lets insurance teams start with one workflow and expand across many, all while ensuring accuracy, auditability, and scale.

“We’re grateful to partner with leaders across the industry as they modernize operations,” said Aman Gour, Co-Founder and CEO of FurtherAI. “Insurance is the backbone of the economy, but the people running it have been stuck with outdated tools. With this funding, we’re doubling down on building AI workflows that give underwriters, brokers, and claims teams superpowers – freeing them to focus on the work that truly matters.”

Today, FurtherAI processes billions in premiums each year — powering submissions, policy comparisons, claims intake, and compliance checks for leading insurers like Accelerant, MSI, and Leavitt Group.

FurtherAI team.

“We’re excited to partner with the insurance industry to unlock real value with AI – automating the busy work and opening new avenues of growth. With our forward-deployed engineering model, insurance teams work side-by-side with an AI engineer to ensure impact at scale.” said Sashank Gondala, Co-Founder and CTO of FurtherAI.

The impact is clear: teams are doubling productivity, improving submission-to-quote ratios by 15%, reaching over 95% accuracy in policy comparisons, and generating proposals 10x faster.

Industry leaders are seeing the results firsthand. “The FurtherAI team has been a fantastic partner in rapidly standing up complex enterprise workflows,” said Venkat Raman, Chief BizOps Officer at Accelerant. While Laurie Flanagan of Leavitt Group summed it up: “Implementing FurtherAI has been game-changing — faster turnarounds, higher accuracy, and a platform we can keep expanding.”

This raise cements FurtherAI as the AI workspace powering the future of insurance. “FurtherAI is redefining how insurance gets done,” said Joe Schmidt, Partner at Andreessen Horowitz. “Aman and Sashank are technical founders whose customers see them as true AI partners, not just AI tools. Their early traction signals a generational opportunity to transform insurance.”

Media images can be found here. 

About FurtherAI
FurtherAI is the AI workspace purpose-built for insurance. By automating submission intake, policy comparison, claims processing, and compliance workflows, FurtherAI eliminates busywork so insurance professionals can focus on strategy and growth. Founded in San Francisco, FurtherAI is backed by Andreessen Horowitz, Nexus Venture Partners, Y Combinator, and other leading investors. For more information, visit www.furtherai.com.

About Andreessen Horowitz
Andreessen Horowitz (a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. a16z invests in seed to venture to growth-stage technology companies, across AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, infrastructure, and companies building toward American dynamism. Founded in Silicon Valley in 2009, a16z has $46B in committed capital across multiple funds.

CONTACT: For further information please contact the FurtherAI press office: Ellen Park on ellen@furtherai.com or Bilal Mahmood on b.mahmood@stockwoodstrategy.com or +447714007257.

Mitsubishi Electric Collaborating with JICA and Hankyu to Promote Energy Conservation of Manila’s Light Rail

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Mitsubishi Electric Collaborating with JICA and Hankyu to Promote Energy Conservation of Manila’s Light Rail




Mitsubishi Electric Collaborating with JICA and Hankyu to Promote Energy Conservation of Manila’s Light Rail

Using data-analysis services to reduce environmental impact of Manila’s light rail system

TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it is collaborating with the Japan International Cooperation Agency (JICA) and Hankyu Corporation on a technical-cooperation project to promote the energy conservation of the Manila Light Rail Transit Authority’s (LRTA) Line 1, which is operated and maintained by the Light Rail Manila Corporation (LRMC). Mitsubishi Electric will leverage its data-analysis services for railways to assess the railway line’s energy usage, verify energy-saving measures and propose corresponding solutions.

Railway infrastructure development is being promoted in the Manila metropolitan area, where reliance on automobiles as the main mode of transportation has led to chronic traffic congestion, worsening air pollution and increasing CO2 emissions. LMRC requested JICA’s support to achieve more energy-efficient operations and reduce CO2 emissions of LRT Line 1. In turn, JICA launched a technical-cooperation project with Hankyu, a company with a proven record of operating energy-efficient railways in Japan.


Commissioned by Hankyu to participate in the project, Mitsubishi Electric will use its SerendieTM digital platform to analyze the LRT Line 1’s current power consumption, verify the feasibility and effectiveness of various energy-saving measures and then propose optimal solutions. For example, using mapping technology that visualizes surplus regenerative energy produced when railcars brake, Mitsubishi Electric expects to propose energy-saving solutions such as installing auxiliary-power supply equipment to enable station buildings to use energy and installing separate equipment to store surplus energy for later use.

For the full text, please visit: www.MitsubishiElectric.com/news/

Contacts

Customer Inquiries
Mobility Infrastructure Systems Marketing Division

Public Utility Systems Group

Mitsubishi Electric Corporation

rail.webmaster@nb.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/

Media Inquiries
Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2332

prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/en/pr/

Arrcus Expands India Operations to Transform AI, Datacenter and Mobile Networks

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Arrcus Expands India Operations to Transform AI, Datacenter and Mobile Networks




Arrcus Expands India Operations to Transform AI, Datacenter and Mobile Networks

SAN JOSE, Calif. & BENGALURU, India–(BUSINESS WIRE)–Arrcus, the hyperscale networking software company and a leader in core, edge, and multi-cloud routing and switching infrastructure, today announced significant growth in its India operations as demand accelerates for next-generation AI, datacenter and mobile networks. Along with expanding partnerships across the Indian technology ecosystem and new leadership in-country, Arrcus is strengthening its commitment to deliver scalable, AI-ready networking solutions for datacenter operators, telecom and communication service providers, and enterprises.


At the heart of Arrcus’ strategy is its Arrcus Connected Edge-AI (ACE-AI) Networking fabric, purpose-built to seamlessly connect xPUs (GPUs, DPUs, CPUs) and AI workloads scaling across datacenters, cloud, and mobile networks. This fabric enables customers to scale inferencing and training while reducing latency and cost and optimizing use of power —capabilities increasingly critical in India’s rapidly growing AI and digital economy.

“India is leading in the global AI revolution both as an innovation hub as well as a consumer of AI, with unparalleled market potential,” said Shekar Ayyar, CEO of Arrcus. “By expanding our in-country workforce and leadership as well as deepening our local partnerships, Arrcus’ networking solutions are now the best choice for Indian customers as an alternative to incumbent providers like Cisco, Arista, and HPE-Juniper. We are excited to be at the GFF and IMC events in Mumbai and Delhi in India this week.”

To support its rapid growth, Arrcus recently appointed Vikram Anand as Managing Director of India sales and business development. Vikram brings strong sales experience in building and scaling global technology operations, including leadership roles at Dell, VMware, and Persistent Systems. He will lead Arrcus’ go-to-market initiatives in India, working with customers and partners. Arrcus’ growing engineering team in India is led by Ashutosh Sharma, a veteran networking executive with over 25 years of industry experience from companies like Citrix, Cisco and Motorola.

Arrcus is expanding its partner ecosystem in India to facilitate the supply of open, disaggregated networking solutions that power digital transformation across industries. Arrcus’ innovative network infrastructure is now available for financial institutions, telecom and cloud operators, and other enterprises participating in India’s AI and 5G-driven growth.

“Fujitsu and Arrcus share a vision of delivering open, high-performance solutions that accelerate digital transformation,” stated Masaaki Moribayashi, SEVP Network & Data Center, Fujitsu Ltd. “By collaborating in India, we’re enabling customers to build agile, AI-ready infrastructures that deliver efficiency, scalability, and sustainability across industries.”

“UfiSpace is committed to empowering operators with open, disaggregated networking platforms that scale seamlessly,” said Vincent Ho, CEO of UfiSpace. “Partnering with Arrcus in India strengthens our ability to deliver carrier-class solutions that meet the demands of AI workloads and next-generation mobile networks.”

“The future of networking in India is disaggregated and open,” said Nanda Ravindran, VP of Product Management & India Operations at Edgecore. “By combining Edgecore’s proven open hardware with Arrcus’s advanced ArcOS software, we are together delivering an agile, high-performance foundation that is essential for India’s digital future, from 5G expansion to the rise of cloud and AI.”

Arrcus executives will spotlight the company’s leadership in AI networking at two major events in India this month (October 2025). At the Global Fintech Fest (GFF25) in Mumbai on October 7, Umesh Bellur, Consulting Architect at Arrcus and Professor at UC San Diego, will contribute his expertise on a panel discussion titled “AI-powered Finance: Efficiency in Financial Operations”, followed by a masterclass on “Signals, Smart and Sentiment: AI in Capital Markets”. On October 9, Arrcus CEO Shekar Ayyar will deliver a keynote address at the India Mobile Congress (IMC25) in New Delhi on “AI Networking for the Next Era of Mobility and Digital Infrastructure.”

As India continues to emerge as a global hub for AI innovation and digital transformation, Arrcus is committed to playing a central role in building the networks that will power this next era of growth for India. By investing in local talent and leadership, strengthening its ecosystem of partners, and showcasing thought leadership at premier industry forums, Arrcus is deepening its commitment to India as both a market and an innovation center for the future of AI networking.

“India represents one of the most exciting opportunities in networking today, and Arrcus is well-positioned to capture it,” stated Roy Chua, Founder and Principal, AvidThink. “The company’s focus on AI-ready infrastructure and open networking alternatives comes at the right time, as Indian organizations look for modern solutions to support their ambitious digital transformation and AI initiatives.”

“Arrcus is making a smart move by expanding its presence in India at a time when the country is becoming a major force in AI adoption and digital infrastructure,” said Scott Raynovich, Founder and Principal Analyst, Futuriom. “Their ACE-AI fabric addresses real challenges that enterprises and service providers face as they scale AI workloads, and having local leadership and partnerships will be key to their success in this fast-growing market.”

About Arrcus

Arrcus is a leading provider of networking software solutions that empower businesses to achieve unparalleled scalability, performance, and reliability in their infrastructure. Arrcus is disrupting the industry with disaggregated solutions that deliver innovative, agile, and cost-effective networking, allowing enterprises to break free from traditional, monolithic systems and embrace a more flexible, efficient, and scalable approach to modern networking. The Arrcus team consists of world-class technologists who have an unparalleled record in shipping industry-leading networking products, complemented by industry thought leaders, operating executives, strategic partners, and top-tier VCs. The company is headquartered in San Jose, Calif. For more information, go to www.arrcus.com or follow Arrcus on LinkedIn and Twitter/X.

Contacts

Arrcus-India Regional Media Contact
Rashmi Adukoorie

rashmi.adukoorie@arrcus.com

Arrcus Media Contact
Sean Griffin

sean@arrcus.com

payabl. Joins Forces with London Lions to Support UK Basketball Growth

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payabl. Joins Forces with London Lions to Support UK Basketball Growth




payabl. Joins Forces with London Lions to Support UK Basketball Growth

LONDON–(BUSINESS WIRE)–payabl., a leading European fintech offering payments and business accounts, has partnered with London’s premier basketball team – the London Lions – for the 2025–2026 season, marking a new commitment to supporting the growth of basketball in the UK and beyond.


Founded in 1977, the London Lions are the most ambitious professional basketball team in the UK, competing in the Super League Basketball (SLB) and representing London on the European stage in the EuroCup.

With a fast-growing fan base, record attendance at the Copper Box Arena, and strong performances in international competitions, the 2025-26 season marks another moment on their upward trajectory.

For payabl., this partnership goes beyond visibility. It reflects a belief in harnessing the power of basketball to elevate the next generation and unite the community, values that strongly align with payabl.’s own journey.

Commenting on the partnership, Kristaps Zips, UK CEO at payabl., said: “The London Lions embody ambition, diversity, and a relentless drive to perform, qualities that resonate deeply with us at payabl. As we continue to expand in the UK, we’re proud to stand alongside a team that represents London on the European stage and inspires the next generation of talent. This sponsorship is about more than basketball; it’s about community, culture, and building something lasting together.”

Lenz Balan, CEO of London Lions, said: “We’re really proud to welcome payabl. into the London Lions family. They’re building something exciting in payments, and we see a lot of similarities in the way we’re growing basketball in the UK. We both are bold, ambitious, and forward-thinking. This partnership is about creating real value for our fans and our community, and we couldn’t be more excited to have payabl. on board.”

Fans will see the partnership come to life both on and off the court throughout the season, with payabl. branding featured during SLB and EuroCup home games at the Copper Box Arena, and community initiatives designed to bring supporters closer to the team.

Building momentum in the UK

By investing in UK sport, payabl. builds on its broader mission of supporting local communities in the markets where it operates, while reinforcing London as a key hub for innovation, culture, and connection.

The partnership underscores payabl.’s growing presence in the UK. In the last 12 months, the company welcomed a new UK CEO, Kristaps Zips, and opened a new office in Holborn to support its growing team. The London team has tripled in size, with a focus on Sales, Product, Compliance, and Marketing, and plans further expansion in the months ahead.

Strong demand from businesses, fuelled by recent launches such as point-of-sale terminals (2023), multi-currency business accounts (2024) and virtual card issuing (2025), coupled with the company’s long-standing expertise in online acquiring, has made the UK a priority market for the company.

According to the UK Government’s National Payments Vision (2025), almost 50 billion payments were made in the UK last year, around 1,500 every second. Payments are one of the country’s most critical systems: when they work seamlessly, they remain invisible. The Vision sets out a future where resilience, innovation, and inclusion underpin this infrastructure. At payabl., that’s exactly where the focus is: giving merchants the stability and visibility they need, so that they can keep payments moving without interruption – for everything from shopping online to purchases at sporting events.

Ugne Buraciene, Group CEO of payabl., added: “The UK has become one of the most important fintech markets globally, combining scale, innovation, and a thriving ecosystem. It’s a place where merchants set the pace for how payments evolve. That’s why London is a natural hub for payabl., and why our investment here continues to grow, from expanding our team and opening a new office, to building partnerships that connect us more deeply with the community. Partnering with the London Lions makes sense in that context: like us, they represent London on an international stage and inspire ambition far beyond their home court.”

Contacts

Media contacts
Viali Munteanu

viali.munteanu@payabl.com
+44 (0) 7547 819 438

payabl. Joins Forces with London Lions to Support UK Basketball Growth

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payabl. Joins Forces with London Lions to Support UK Basketball Growth




payabl. Joins Forces with London Lions to Support UK Basketball Growth

LONDON–(BUSINESS WIRE)–payabl., a leading European fintech offering payments and business accounts, has partnered with London’s premier basketball team – the London Lions – for the 2025–2026 season, marking a new commitment to supporting the growth of basketball in the UK and beyond.


Founded in 1977, the London Lions are the most ambitious professional basketball team in the UK, competing in the Super League Basketball (SLB) and representing London on the European stage in the EuroCup.

With a fast-growing fan base, record attendance at the Copper Box Arena, and strong performances in international competitions, the 2025-26 season marks another moment on their upward trajectory.

For payabl., this partnership goes beyond visibility. It reflects a belief in harnessing the power of basketball to elevate the next generation and unite the community, values that strongly align with payabl.’s own journey.

Commenting on the partnership, Kristaps Zips, UK CEO at payabl., said: “The London Lions embody ambition, diversity, and a relentless drive to perform, qualities that resonate deeply with us at payabl. As we continue to expand in the UK, we’re proud to stand alongside a team that represents London on the European stage and inspires the next generation of talent. This sponsorship is about more than basketball; it’s about community, culture, and building something lasting together.”

Lenz Balan, CEO of London Lions, said: “We’re really proud to welcome payabl. into the London Lions family. They’re building something exciting in payments, and we see a lot of similarities in the way we’re growing basketball in the UK. We both are bold, ambitious, and forward-thinking. This partnership is about creating real value for our fans and our community, and we couldn’t be more excited to have payabl. on board.”

Fans will see the partnership come to life both on and off the court throughout the season, with payabl. branding featured during SLB and EuroCup home games at the Copper Box Arena, and community initiatives designed to bring supporters closer to the team.

Building momentum in the UK

By investing in UK sport, payabl. builds on its broader mission of supporting local communities in the markets where it operates, while reinforcing London as a key hub for innovation, culture, and connection.

The partnership underscores payabl.’s growing presence in the UK. In the last 12 months, the company welcomed a new UK CEO, Kristaps Zips, and opened a new office in Holborn to support its growing team. The London team has tripled in size, with a focus on Sales, Product, Compliance, and Marketing, and plans further expansion in the months ahead.

Strong demand from businesses, fuelled by recent launches such as point-of-sale terminals (2023), multi-currency business accounts (2024) and virtual card issuing (2025), coupled with the company’s long-standing expertise in online acquiring, has made the UK a priority market for the company.

According to the UK Government’s National Payments Vision (2025), almost 50 billion payments were made in the UK last year, around 1,500 every second. Payments are one of the country’s most critical systems: when they work seamlessly, they remain invisible. The Vision sets out a future where resilience, innovation, and inclusion underpin this infrastructure. At payabl., that’s exactly where the focus is: giving merchants the stability and visibility they need, so that they can keep payments moving without interruption – for everything from shopping online to purchases at sporting events.

Ugne Buraciene, Group CEO of payabl., added: “The UK has become one of the most important fintech markets globally, combining scale, innovation, and a thriving ecosystem. It’s a place where merchants set the pace for how payments evolve. That’s why London is a natural hub for payabl., and why our investment here continues to grow, from expanding our team and opening a new office, to building partnerships that connect us more deeply with the community. Partnering with the London Lions makes sense in that context: like us, they represent London on an international stage and inspire ambition far beyond their home court.”

Contacts

Media contacts
Viali Munteanu

viali.munteanu@payabl.com
+44 (0) 7547 819 438