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DETROIT--(BUSINESS WIRE)--Grounded, the Detroit-based advanced manufacturing and mobility company known for its modular electric vehicles, today announced it has closed a $5 million seed round and is moving production into a 50,000-square-foot manufacturing facility in Detroit. The expansion increases Grounded’s production capacity by 1,900% and will support the launch of a new vehicle-agnostic box platform that extends the company’s software-defined, modular vehicle architecture into a signifi...

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Capital Construction Services and Capital Fire & Water (together, “Capital”) by Summit Restoration Group, an existing portfolio company of Point 41 Capital Partners. Headquartered in Richmond, VA, Capital is an integrated mitigation-to-rebuild platform, handling both the immediate emergency respons...

WESTFORD, Mass.--(BUSINESS WIRE)--NETSCOUT® (NASDAQ: NTCT), a leading provider of observability, AIOps, cybersecurity, and DDoS attack protection solutions, today announced an extension of its Adaptive DDoS Protection (ADP) solution enabling service providers to automatically detect and mitigate outbound DDoS attack traffic. By extending protection from the attack target towards its source, NETSCOUT helps operators prevent compromised subscriber devices from disrupting their own networks, consu...

HOUSTON--(BUSINESS WIRE)--Gain.Energy today announced the launch of Upstrima, a specialized AI platform built for the oil and gas industry. Upstrima brings together AI Agents, AI Workflows, intelligent data processing, and engineering expertise to automate complex technical tasks while augmenting the capabilities of industry professionals. Upstrima was built from the ground up as a native AI ecosystem designed around the industry specific data, workflows and common best practices. Its Marketpla...

DURHAM, N.C.--(BUSINESS WIRE)--Semiconductor Research Corp. launches SPARC, advancing industry-driven university research in semiconductor innovation, packaging and manufacturing....

SAN CARLOS, Calif. & SEATTLE--(BUSINESS WIRE)--BeOne Medicines Ltd. (“BeOne”) (Nasdaq: ONC; HKEX: 06160; SSE: 688235), a global oncology company, together with the BeOne Care Foundation, a nonprofit charitable foundation, and The Max Foundation, a leading global health nonprofit organization, today announced the renewal of their partnership through 2028 to expand access to BRUKINSA® (zanubrutinib) for the treatment of chronic lymphocytic leukemia (CLL) in low- and middle-income countries, with...

NEW YORK--(BUSINESS WIRE)--NewEdge Capital Group, LLC, announced today that it has continued its nationwide expansion with the establishment of a NewEdge Wealth office in Houston, Texas. NewEdge Wealth is a registered investment advisor specializing in servicing the needs of ultra high net worth and high net worth families, family offices and institutional clients. The new Houston location marks the firm’s 20th location nationwide and will be anchored by Jeffrey Thompson, Shannon Willems and Sa...

NEW YORK--(BUSINESS WIRE)--Amer Sports, Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the second quarter of 2026. CEO James Zheng commented "Our global momentum continued through the second quarter with over 30% revenue growth and strong operating margin expansion. All segments, geographies, and channels achieved strong double-digit growth led by another exceptional quarter from Salomon Softgoods, a strong Arc'teryx omni-comp, and a Wilson Tennis 360...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--O2 Investment Partners today announced a partnership with Evolution Physical Therapy & Fitness and True Sports Physical Therapy....

SUNNYVALE, Calif.--(BUSINESS WIRE)--Avicena, the pioneer in microLED-based optical interconnects, today announced that it has begun shipping 1 Tbps LightBundle™ evaluation kits (eKits) to customers and partners developing next-generation AI infrastructure. The shipment milestone follows the introduction and demonstration of the LightBundle eKit in March 2026 at the Optical Fiber Conference (OFC26) and advances the platform from initial evaluation availability to terabit-class operation in custo...