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Chef Robotics Advances Bi-Manual Physical AI System for Prep Table Food Assembly Powered by a Food Foundation Model
SAN FRANCISCO--(BUSINESS WIRE)--Chef Robotics, a leader in physical AI for the food industry, today announced the development of a bi-manual physical AI system for prep table food assembly. While today’s Chef robots handle high-volume meal assembly on food manufacturing conveyor lines, this new bi-manual physical AI system will focus on lower-volume, higher-complexity prep-table-based assembly for industries such as ghost kitchens, fast-casual restaurants, airline catering, schools, hospitals,...
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Penguin Solutions Strengthens AI Factory Platform Strategy with Appointment of David Heard to Board of Directors
FREMONT, Calif.--(BUSINESS WIRE)--Penguin Solutions today announced that David Heard, President of Network Infrastructure at Nokia, has been appointed to Penguin's board of directors....
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Agilysys Announces 17th Consecutive Record Revenue Quarter of $82.9M and Full Year Record Revenue of $319.3M
ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions and services, today reported results for its fiscal 2026 fourth quarter and full year ending March 31, 2026. Summary of Fiscal 2026 Fourth Quarter Financial Results Total net revenue increased 11.7% to a record $82.9 million compared to total net revenue of $74.3 million in the comparable prior-year period. Recurring revenue (comprised of subscription and maintenance char...
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Sonos Announces Participation in 2026 Jefferies Software, Internet, and AI Conference
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos, Inc. (Nasdaq: SONO) today announced that Saori Casey, Chief Financial Officer, will participate in a fireside chat with Jefferies analyst Brent Thill at the 2026 Jefferies Software, Internet, and AI Conference on Wednesday, May 27th. The fireside chat will begin at 3:30 pm Pacific. A live webcast and replay of the fireside chat will be accessible in the News & Events section of the Sonos investor relations website: https://investors.sonos.com/n...
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AXT, Inc. Announces Financial Conference Participation for the Second Quarter 2026
FREMONT, Calif.--(BUSINESS WIRE)--AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the upcoming financial conferences: 26th Annual B. Riley Securities Institutional Investor Conference on May 21st in Los Angeles 23rd Annual Craig-Hallum Institutional Investor Conference on May 28th in Minneapolis Northland Securities Virtual Growth Conference 2026 on June 23rd About AXT, Inc. AXT is a material science company that...
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Transcat to Host Fourth Quarter Fiscal Year 2026 Conference Call and Webcast on Tuesday, May 26, 2026 at 4:30 p.m. Eastern Time
ROCHESTER, N.Y.--(BUSINESS WIRE)--Transcat to Host Fourth Quarter Fiscal Year 2026 Conference Call and Webcast on Tuesday, May 26, 2026 at 4:30 p.m. Eastern Time...
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Advanced Energy Announces Closing of $1.15 Billion 0% Convertible Senior Notes With Initial Purchasers’ Option Fully Exercised
DENVER--(BUSINESS WIRE)--Advanced Energy Industries, Inc. (“Advanced Energy”) (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today the closing of its previously announced private offering of $1.15 billion aggregate principal amount of 0% Convertible Senior Notes due 2031 (the “notes”), which amount includes the full exercise of the initial purchasers’ option to purchase an additional $150.0 million aggregate princi...
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Leonardo DRS Launches Tenum® 640 Orbit™ Uncooled Thermal Drone Camera at SOF Week
ARLINGTON, Va.--(BUSINESS WIRE)--Announcement of Tenum® 640 Orbit™, an uncooled long-wave infrared (LWIR) thermal camera module for unmanned air, ground, and maritime platforms....
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Power for AI, Presented at PCIM Seminars by Rompower Energy Systems
TUCSON, Ariz.--(BUSINESS WIRE)--Dr. Ionel “Dan” Jitaru, President of Rompower Energy Systems Inc., will present advanced power architectures for artificial-intelligence applications, featuring direct conversion from 800V input to low output voltages such as 48V, 12V, and 6V, with power levels reaching 20kW and power densities exceeding 2000W/in³. As part of Seminar 10 and Seminar 19 at PCIM Europe 2026, a dedicated chapter has been added to address these next-generation AI power-conversion tech...
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Motorola Solutions Declares Quarterly Dividend
CHICAGO--(BUSINESS WIRE)--Motorola Solutions, Inc. (NYSE: MSI) today announced that its board of directors has approved a regular quarterly dividend of one dollar and twenty-one cents ($1.21) per share. The next quarterly dividend will be payable in cash on July 15, 2026, to shareholders of record at the close of business on June 17, 2026. About Motorola Solutions | Solving for safer Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect technologie...