Rocket Lab Satellite Platforms Built for MDA Space Successfully Reach Orbit, Supporting Globalstar Direct-to-Device Communications Services

LONG BEACH, Calif., Aug. 16, 2026 (GLOBE NEWSWIRE) — Rocket Lab Corporation (Nasdaq: RKLB), a global leader in launch services and space systems, today announced the successful launch of eight advanced satellite platforms the Company built for MDA Space (TSX: MDA; NYSE: MDA), prime contractor for the replenishment of Globalstar’s (Nasdaq: GSAT) existing constellation, which provides direct-to-device communications services and IoT applications from orbit.

The satellite platforms are the first batch in a constellation of 17 platforms Rocket Lab has built under a $143 million deal with MDA Space.

The first eight of the 17 satellites were launched on Aug. 15 from Cape Canaveral Space Force Station at 9:12 p.m. ET.

Rocket Lab has made contact with all eight satellites and confirmed all are performing nominally and generating power on orbit. Spacecraft commissioning has now begun to prepare the satellites to extend reliable mobile satellite services to customers globally as part of Globalstar’s existing network.

Rocket Lab founder and CEO, Sir Peter Beck, says: “Our satellite platforms are a powerful demonstration of Rocket Lab’s capabilities brought to life. From spacecraft platform design, build, testing, and on-orbit operations, we’re executing across the entire mission lifecycle and our approach is delivering the speed, reliability, and agility that competitive direct-to-device constellations like this one demand. With our scaled manufacturing, operational expertise, and vertically integrated satellite platforms that bring cost and schedule under control, we’re positioned to be the partner of choice for the constellation economy and proud to have supported this deployment for MDA Space and its customer Globalstar.”

The 500kg satellite platforms are a tailored version of the Company’s standard Lightning platform. Built and tested at Rocket Lab’s Headquarters in Long Beach, California, the satellite platforms feature the Company’s suite of in-house components and subsystems including solar arrays, reaction wheels, flight & ground software, parts of the suite of avionics, and Telemetry, Tracking and Command (TT&C) radios.

The Lightning platform is in production for multiple other high-profile missions, including a recently awarded space domain awareness program with the U.S. Space Force and the Space Development Agency’s Tranche 2 Transport Layer-Beta and Tranche 3 Tracking Layer constellations.

Rocket Lab Media

Matt McKinney
[email protected]

About Rocket Lab

Rocket Lab is a leading space company that provides launch services, spacecraft, payloads and satellite components serving commercial, government, and national security markets. Rocket Lab’s Electron rocket is the world’s most frequently launched orbital small rocket; its HASTE rocket provides hypersonic test launch capability for the U.S. government and allied nations; and its Neutron launch vehicle in development will unlock medium launch for constellation deployment, national security and exploration missions. Rocket Lab’s spacecraft and satellite components have enabled more than 1,700 missions spanning commercial, defense and national security missions including GPS, constellations, and exploration missions to the Moon, Mars, and Venus. Rocket Lab is a publicly listed company on the Nasdaq stock exchange (RKLB). Learn more at www.rocketlabcorp.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding our launch and space systems operations, launch schedule and window, safe and repeatable access to space, Neutron development, operational expansion and business strategy, and statements regarding our satellite capabilities, manufacturing scale, and constellation support are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including but not limited to the factors, risks and uncertainties included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the “SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of our website at https://investors.rocketlabcorp.com which could cause our actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/17902b54-0174-466d-9466-fff7a79c5324



BE INVESTOR DEADLINE: Bloom Energy Corporation Investors with Substantial Losses Have Opportunity to Lead the Bloom Energy Class Action Lawsuit – September 28, 2026 Deadline

PR Newswire

SAN DIEGO, Aug. 16, 2026 /PRNewswire/ — The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Bloom Energy Corporation (NYSE: BE) securities between February 27, 2025 and July 8, 2026, inclusive (the “Class Period”), have until Monday, September 28, 2026 to seek appointment as lead plaintiff of the Bloom Energy class action lawsuit.  Captioned Nevins v. Bloom Energy Corporation, No. 26-cv-07944 (N.D. Cal.), the Bloom Energy class action lawsuit charges Bloom Energy and certain of Bloom Energy’s top executives with violations of the Securities Exchange Act of 1934.

Robbins Geller Rudman & Dowd LLP

If you suffered substantial losses and wish to serve as lead plaintiff of the

Bloom Energy

class action lawsuit, please provide your information here:


https://www.rgrdlaw.com/cases-bloom-energy-corporation-class-action-lawsuit-be.html
 

You can also contact attorneys

Ken Dolitsky

or

Michael Albert
 of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.  Scandium is a rare earth metal used as a dopant to stabilize the zirconia-based ceramic electrolyte in Bloom Energy’s solid oxide fuel cells.

The Bloom Energy class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Bloom Energy obtained scandium through intermediaries who sourced the metal from China; (ii) as a result, Bloom Energy understated the extent to which it relied on scandium from China; and (iii) as a result of the foregoing, defendants’ positive statements about Bloom Energy’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The Bloom Energy class action lawsuit further alleges that on July 8, 2026, at approximately 1:00 p.m. EST, Hunterbrook Media published a report titled “Bloom’s Big Lie,” which alleged, among other things, that “Bloom is, in fact, reliant on Chinese scandium, according to global trade data, Chinese corporate filings, satellite imagery, and Hunterbrook’s messages with Bloom’s suppliers in China.”  The report allegedly states “Hunterbrook traced four separate China-linked routes into Bloom’s supply chain – scandium oxide shipped directly to its Delaware plant, plus scandium-bearing ceramics and powders flowing through intermediaries in Thailand, Japan, and South Korea.”  On this news, the price of Bloom Energy stock fell nearly 6%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Bloom Energy securities during the Class Period to seek appointment as lead plaintiff in the Bloom Energy class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the Bloom Energy class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the Bloom Energy class action lawsuit.  An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Bloom Energy class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation.  Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025.  This marks our fourth #1 ranking in the past five years.  And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:


https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:

          Robbins Geller Rudman & Dowd LLP

          Ken Dolitsky

          Michael Albert

          655 W. Broadway, Suite 1900, San Diego, CA 92101

          800/851-7783

          [email protected] 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/be-investor-deadline-bloom-energy-corporation-investors-with-substantial-losses-have-opportunity-to-lead-the-bloom-energy-class-action-lawsuit—september-28-2026-deadline-302850605.html

SOURCE Robbins Geller Rudman & Dowd LLP

JEF INVESTIGATION ALERT: Investigation Launched into Jefferies Financial Group Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm

PR Newswire

SAN DIEGO, Aug. 16, 2026 /PRNewswire/ — The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Jefferies Financial Group Inc. (NYSE: JEF) focused on whether Jefferies as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

Robbins Geller Rudman & Dowd LLP

If you have any information that could assist in the Jefferies investigation or if you are a Jefferies investor who suffered a loss and would like to learn more, you can provide your information here:


https://www.rgrdlaw.com/cases-jefferies-financial-group-inc-investigation-jef.html

You can also contact attorneys

Ken Dolitsky

or

Michael Albert
 of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

THE COMPANY: Jefferies Financial Group Inc. is a global full-service investment banking and capital markets firm.  Under the Leucadia Asset Management (“LAM”) umbrella, Jefferies manages and provides services to a diverse group of alternative asset management platforms.  Point Bonita Capital is a division of LAM.

THE REVELATION: On September 29, 2025, The Wall Street Journal published an article entitled “Auto Supplier First Brands Files for Bankruptcy Amid Accounting Questions,” reporting that “[t]he closely held company’s lenders and independent board directors are now probing whether First Brands made misrepresentations in its financial reporting” and that “First Brands relied heavily on accounts-receivable-backed financing, supplying automotive products to customers on delayed payment terms and borrowing from outside investors against the billed receivables.”

On October 8, 2025, The Wall Street Journal further reported, in an article entitled “First Brands Bankruptcy Damage Spreads to Jefferies UBS,” that Jefferies “said funds run by an asset-management unit, Point Bonita Capital, are owed around $715 million from companies that bought First Brands’ parts.”  The following day, Reuters disclosed that “The U.S. Department of Justice has launched an inquiry into the collapse of bankrupt auto parts maker First Brands Group” and that “[t]he Justice Department is probing the company and its dealings with creditors.”

On October 12, 2025, The Wall Street Journal published another article entitled “Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO,” reporting that First Brands’ now former CEO “was working on an effort to refinance the nearly $6 billion of corporate loans with the help of Jefferies” and that “[t]he pitch to prospective lenders didn’t mention the billions of dollars of off -balance-sheet debt, people familiar with the matter said.”

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading firms representing investors in securities fraud and shareholder litigation.  Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors.  In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five firms combined, according to ISS.  With 200 attorneys in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:


https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.  
Services may be performed by attorneys in any of our offices. 

Contact:

          Robbins Geller Rudman & Dowd LLP

          Michael Albert

          Ken Dolitsky

          655 W. Broadway, Suite 1900, San Diego, CA  92101 

          800/851-7783

          [email protected] 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/jef-investigation-alert-investigation-launched-into-jefferies-financial-group-inc-attorneys-encourage-investors-and-potential-witnesses-to-contact-law-firm-302850608.html

SOURCE Robbins Geller Rudman & Dowd LLP

PRCT Deadline: PRCT Investors with Losses in Excess of $100K Have Opportunity to Lead PROCEPT BioRobotics Corporation Securities Fraud Lawsuit

PR Newswire

NEW YORK, Aug. 16, 2026 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) between February 28, 2024 and February 25, 2026, inclusive (the “Class Period”), of the important September 22, 2026 lead plaintiff deadline.

Rosen Law Firm Logo

So what: If you purchased PROCEPT common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the PROCEPT class action, go to https://rosenlegal.com/cases/procept-biorobotics-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) during the Class Period, Procept had utilized an extensive discount program designed to incentivize its customers to place bulk orders in excess of procedure demand; (2) Procept’s undisclosed discount program had artificially and unsustainably inflated Procept’s reported U.S. handpiece unit sales and revenues by pulling forward sales at the expense of future periods; (3) Procept’s undisclosed discount program had caused customer handpiece orders to materially exceed underlying procedure demand throughout the Class Period and that this differential had materially grown over time; (4) Procept’s consistent surplus of U.S. handpiece unit sales relative to performed procedures had created a glut of field inventory and overstocking amongst Procept’s customer base, amounting to more than 10,000 excess units by the end of the Class Period; (5) as a result of the foregoing, defendants’ representations during the Class Period regarding Procept’s handpiece unit sales and the utilization of Procept’s field Systems were materially overstated; and (6) as a result of the foregoing, Procept was acutely exposed to material undisclosed risks of significant operational and financial harm; and as a result of the foregoing, Procept was unable to achieve its stated 2025 handpiece sales and revenue guidance and such guidance lacked a reasonably achievable factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the PROCEPT class action, go to https://rosenlegal.com/cases/procept-biorobotics-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/prct-deadline-prct-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-procept-biorobotics-corporation-securities-fraud-lawsuit-302852251.html

SOURCE THE ROSEN LAW FIRM, P. A.

MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED

PR Newswire


First set of eight satellites for Globalstar
 2-R mission deployed to low Earth orbit on a
SpaceX Falcon
 9 rocket, marking the beginning of the commissioning phase

TORONTO, Aug. 16, 2026 /PRNewswire/ — MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, confirms the successful deployment of the initial eight replenishment satellites for Globalstar Inc.’s (NASDAQ:GSAT) existing low Earth orbit (LEO) constellation. Developed and fully integrated and tested in Montréal, the satellites were launched on Saturday, Aug. 15, 2026, at 9:12 p.m. ET aboard a SpaceX Falcon 9 rocket from Space Launch Complex 40 in Cape Canaveral, Florida, and will now undergo a series of in-orbit tests as part of the commissioning phase.

MDA Space satellites developed, fully integrated and tested in Montréal for Globalstar 2-R mission.

This marks a defining moment in MDA Space history, as these LEO satellites are the first to be delivered by MDA Space as a prime contractor for commercial communications constellations.

“This program for Globalstar marked a major transformation in our design and high-volume satellite production process, enabling us to accelerate development and manufacturing,” said Mike Greenley, CEO of MDA Space. “With the execution of this constellation nearing completion, and with our new high-volume manufacturing facility now in operation, we are ramping up even further, giving us the capacity to meet customer requirements as market demand increases.”

The remaining nine satellites on order are in the final stages of integration at MDA Space. Once fully operational on orbit, they will enable Globalstar to extend the life of its existing constellation, which supports direct-to-device satellite-enabled services on select mobile phones and IoT applications.

FORWARD-LOOKING STATEMENTS

This news release may contain forward-looking information within the meaning of applicable securities legislation, which reflects MDA Space’s current expectations regarding future events. Such forward-looking information includes, but is not limited to, the commissioning of the satellites following in-orbit testing, completion of the Globalstar constellation program, and integration of the delivered satellites into Globalstar’s existing LEO constellation. Forward-looking statements are based on certain assumptions and analyses made by MDA Space in light of management’s experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties and other factors which may cause the actual results, performance or achievements of MDA Space to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the “Risk Factors” section of MDA Space’s annual information form dated March 4, 2026 and MDA Space’s Management’s Discussion and Analysis for the quarter ended June 30, 2026, each of which is available on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Although MDA Space believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect and there can be no assurance that actual results will be consistent with the forward-looking statements. There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information included within this news release. These forward-looking statements speak only as of the date of this news release. Except as required by law, MDA Space is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ABOUT MDA SPACE

Building the space between proven and possible, MDA Space (TSX:MDA; NYSE:MDA) is a trusted mission partner to the global defence and space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The global MDA Space team of more than 4,000 space experts has the knowledge and know-how to turn an audacious customer vision into an achievable mission—bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that’s been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we’ll take you there. For more information, visit mda.space.

SOCIAL MEDIA 

LinkedIn:     


linkedin.com/company/mdaspace

X:     


x.com/MDA_space

Facebook:     


facebook.com/MDAspace

YouTube:     


youtube.com/c/mdaspace

Instagram:     


instagram.com/MDA_space

 

MDA Space logo

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mda-space-satellites-for-globalstar-successfully-launched-302852349.html

SOURCE MDA Space

Globalstar Confirms Successful Launch of All 8 HIBLEO-4 Replacement Satellites

Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane

COVINGTON, La., Aug. 16, 2026 (GLOBE NEWSWIRE) — Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the successful launch and deployment of its latest satellites, marking another significant milestone in the continued expansion of the Company’s low Earth orbit (LEO) satellite constellation.

Following a successful launch, all satellites were successfully dispensed from the launch vehicle and have reached their intended orbital planes. Globalstar’s Satellite Operations Command Center team has established communications with each satellite, and all are currently under the Company’s command and control. Initial health assessments indicate the satellites are performing as expected, and engineers are actively monitoring their status as they progress through early orbit operations.

“The successful launch and deployment of these satellites is an important milestone for Globalstar and our customers around the world,” said Dr. Paul E. Jacobs, Globalstar CEO. “With all satellites safely in their intended orbital planes and under our command and control, we are pleased with the mission’s progress and are now focused on completing early orbit operations for the satellites to provide additional resiliency across our network.”

The newly launched satellites will undergo a series of commissioning activities, including comprehensive system testing and calibration, before being integrated into Globalstar’s operational constellation. These activities are designed to verify satellite performance and ensure they meet the Company’s rigorous operational standards prior to entering commercial service.

Additional updates on the commissioning process and the satellites’ entry into operational service will be provided as key milestones are achieved.

About Globalstar, Inc.

Globalstar is a global telecommunications provider connecting what matters most. Through our industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum, we deliver reliable satellite and terrestrial connectivity solutions that empower customers worldwide to connect, transmit, and communicate smarter. 

Our comprehensive connectivity ecosystem includes software-defined, purpose-built private wireless network platform, coupled with Globalstar Band 53 in XCOM RAN™ and trusted GPS messengers Saved by SPOT™ for safety and personal communication for business and enterprise applications. 

Serving business, enterprise, and consumer markets across the globe, Globalstar supports applications that track and protect assets, enable automation, enhance operational efficiency, and safeguard lives. With unmatched reach and a relentless focus on innovation, and mission-critical performance, we’re redefining what’s possible for global connectivity. 

To learn more, visit www.globalstar.com

Media Contact:
Alisa Moloney
[email protected]

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3b30ddab-95b1-450c-9b66-e035aac38b6c



/C O R R E C T I O N — Noah Holdings Limited/

PR Newswire

In the news release, Noah to Report Second Quarter and Half Year 2026 Unaudited Financial Results on August 25, 2026, issued 13-Aug-2026 by Noah Holdings Limited over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

Noah to Report Second Quarter and Half Year 2026 Unaudited Financial Results on August 25, 2026

SINGAPORE, Aug. 13, 2026 /PRNewswire/ — Noah Holdings Limited (the “Company” or “Noah”) (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors, today announced that it will report its unaudited financial results for the second quarter and half year ended June 30, 2026, after U.S. markets close on August 25, 2026.

Noah’s management team will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Tuesday, August 25, 2026 (8:00 a.m. Beijing/Hong Kong Time on Wednesday, August 26, 2026). 

The conference call may be accessed with the following details:

Dial-in details:

Conference title:

Noah Holdings Limited Second Quarter and Half Year 2026 Earnings Conference Call

Date/Time:                               

Tuesday, August 25, 2026, at 8:00 p.m., U.S. Eastern Time

Wednesday, August 26, 2026, at 8:00 a.m., Hong Kong Time

Dial in:

– Hong Kong Toll Free:

800-963976

– United States Toll Free:

1-888-317-6003

– Mainland China Local Toll:

4001-206115

– International Toll:

1-412-317-6061

Participant Password:


4116275

A telephone replay will be available starting approximately one hour after the end of the conference until August 31, 2026 at 1-855-669-9658 (US Toll Free) and 1-412-317-0088 (International Toll) with the access code 8252319.

A live and archived webcast of the conference call will be available on the Company’s investor relations website under the “News & Events” section at http://ir.noahgroup.com.


ABOUT
 NOAH HOLDINGS LIMITED

Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah’s American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol “NOAH,” and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code “6686.” One ADS represents five ordinary shares, par value $0.00005 per share.

In the first quarter of 2026, Noah distributed RMB23.3 billion (US$3.4 billion) of investment products. Through Gopher Asset Management and Olive Asset Management, Noah had assets under management of RMB140.2 billion (US$20.3 billion) as of March 31, 2026.

Founded in 2005, the firm pioneered a business model combining wealth management and asset management and has continued to build its international platform over the years. As of March 31, 2026, Noah had 468,983 registered clients. The Group reports its operations under six business segments — Domestic public securities (Noah Upright), Domestic asset management (Gopher Asset Management), Domestic insurance (Glory), Overseas wealth management (ARK Wealth Management), Overseas asset management (Olive Asset Management), and Overseas insurance and comprehensive services (Glory Family Heritage) — plus headquarters. As of March 31, 2026, Noah had established branches and service capabilities across mainland China, Hong Kong, Singapore, Japan, and key U.S. markets, including New York, Los Angeles, and Silicon Valley, reflecting its international operating footprint.

For more information, please visit Noah’s investor relations website at ir.noahgroup.com.


SAFE HARBOR STATEMENT

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. These statements include, but are not limited to, estimates regarding the sufficiency of Noah’s cash and cash equivalents and liquidity risk. A number of factors could cause Noah’s actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; investment risks associated with investment products distributed to Noah’s investors, including the risk of default by counterparties or loss of value due to market or business conditions or misconduct by counterparties; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions globally and in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah’s filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law.

Cision View original content:https://www.prnewswire.com/news-releases/noah-to-report-second-quarter-and-half-year-2026-unaudited-financial-results-on-august-25-2026-302850744.html

SOURCE Noah Holdings Limited

ComEd Restores Power to 99% of Customers Impacted by Aug. 11-12 Storms

ComEd Restores Power to 99% of Customers Impacted by Aug. 11-12 Storms

Nearly 410,000 customer outages reported following severe storms that impacted all of northern Illinois

CHICAGO–(BUSINESS WIRE)–
ComEd has restored power to approximately 99% of customers impacted by the Aug. 11-12 storms, nearly completing one of the company’s largest restoration efforts of the year. More than 4,500 personnel, contractors and mutual assistance crews supported the response after destructive winds, tornadoes and repeated rounds of severe weather damaged electric infrastructure and disrupted service to nearly 410,000 customers.

Crews remain in the field restoring service to remaining customers and addressing damage identified as portions of the electric system are re-energized.

“This week’s storms were not an isolated event, but part of a historic summer of severe weather across northern Illinois,” said David Perez, ComEd’s executive vice president and COO. “We’re grateful for the patience of our customers and proud of the tremendous efforts of the thousands of employees, contractors and mutual assistance personnel who worked tirelessly to restore service safely. Their response highlights both the dedication of our workforce and the importance of building an electric system capable of withstanding increasingly frequent extreme weather.”

ComEd crews received mutual assistance from sister utilities and regional partners, including overhead lineworkers and control room personnel from PECO, PHI and Ameren, helping accelerate restoration efforts across northern Illinois while navigating periods of rain and scattered thunderstorms.

The most significant impacts from the Aug. 11 storms were concentrated in ComEd’s south region, including communities such as Homewood, Flossmoor, Lansing, Chicago Heights, Mokena, Tinley Park, Joliet, Ford Heights, Glenwood and Lynwood. Across these communities, severe winds and tornado activity uprooted mature trees, blocked roadways, damaged homes and businesses, snapped utility poles and brought down power lines, requiring complex and time-intensive repairs.

In the hardest-hit Southland communities, crews encountered extensive transmission system damage, including broken poles, damaged equipment and downed wire that required complex repairs before neighborhood restoration could begin. Transmission lines serve as the backbone of the electric grid and must be repaired before power can flow to substations and local distribution networks. Crews restored all damaged transmission segments, allowing restoration efforts to advance at the neighborhood level. Nearly 130 crews and five specialized feeder repair teams remained dedicated to restoration work in these communities throughout the response.

The Aug. 11-12 storms mark the 20th major weather event affecting ComEd customers in 2026, the highest number experienced in more than two decades. ComEd’s northern Illinois service territory has now experienced more than 52 confirmed tornadoes this year, reflecting one of the most active severe weather years on record for the region. Illinois has recorded 207 tornadoes in 2026, more than any other state in the nation.

ComEd’s continued investments in grid modernization and smart grid technology have helped avoid millions of potential outages over the past decade and strengthened the company’s ability to respond more efficiently when severe weather strikes.

Safety Reminders

Public safety is paramount, and ComEd encourages customers to take the following precautions:

  • If a downed power line is spotted, call ComEd immediately at 1-800-EDISON1 (1-800-334-7661). Spanish-speaking customers should call 1-800-95-LUCES (1-800-955-8237).

  • Never approach a downed power line. Always assume a power line is energized and extremely dangerous.

  • In the event of an outage, do not approach ComEd crews working to restore power to ask about restoration times. Crews may be working on live electrical equipment, and the perimeter of the work zone may be hazardous.

  • For the latest outage and restoration information, visit ComEd’s outage map at ComEd.com/Map.

ComEd urges customers to contact the company immediately if they experience a power outage. Customers can text OUT to 26633 (COMED) to report an outage and receive restoration information and follow the company on X @ComEd or on Facebook at Facebook.com/ComEd. Customers can also call 1-800-EDISON1 (1-800-334-7661), or report outages via the website at ComEd.com/Report. Spanish-speaking customers should call 1-800-95-LUCES (1-800-955-8237).

With ComEd’s Outage Tracker, customers can report outages, check estimated restoration times, view crew status, and explore ComEd’s outage map. Visit ComEd.com/OutageTracker.

ComEd’s mobile app for iPhone and Android® smart phones gives customers the ability to report power outages and manage their accounts; download the app at ComEd.com/App.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving nearly 11 million electricity and natural gas customers. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information, visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X and YouTube.

ComEd Media Relations

312-394-3500

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Utilities Energy

MEDIA:

HII’s Newport News Shipbuilding Completes Successful Acceptance Sea Trials of John F. Kennedy (CVN 79)

NEWPORT NEWS, Va., Aug. 15, 2026 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division has successfully completed acceptance sea trials of John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier.

Kennedy returned to NNS after further testing and evaluation of important ship systems and components at sea. Earlier this year, Kennedy underwent successful builder’s sea trials.

“It is an honor to take Kennedy to sea to demonstrate the quality work and commitment by our shipbuilders,” said Derek Murphy, NNS vice president of new construction aircraft carrier programs. “This critical set of sea trials is a testament to the entire nuclear shipbuilding enterprise and the work of thousands across our country to prepare CVN 79 to join the fleet.”

The sea trials brought together NNS shipbuilders, John F. Kennedy sailors and Navy personnel to execute the testing and evaluation of ship operations.

CVN 79 continues the legacy of highly capable nuclear-powered aircraft carrier platforms. With the successful completion of acceptance trials, the next step for the ship is preliminary acceptance that will enable the Navy to begin underway test and evaluation of Kennedy’s unique systems.

Photos accompanying this release are available at: http://hii.com/news/hiis-newport-news-shipbuilding-completes-successful-acceptance-sea-trials-of-john-f-kennedy-cvn-79/.

About HII

HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.

With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 45,000 strong. For more information, visit:

Contact:

Todd Corillo 
[email protected]
(757) 688-3220

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae46f4c2-3750-4ec1-94df-c0ec56760376



CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit Against Pentwater Capital Management LP

PR Newswire

NEW YORK, Aug. 15, 2026 /PRNewswire/ —

Rosen Law Firm Logo

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR), including those who bought Avis common stock to cover a short position, between February 20, 2025 and April 21, 2026, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 29, 2026.

So What: If you purchased Avis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Avis class action, go to https://rosenlegal.com/cases/avis-budget-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants Pentwater Capital Management LP and Matthew Halbower (Pentwater’s CEO, CIO and Founder) orchestrated a scheme to manipulate the market for Avis securities. Taking advantage of Pentwater’s position as one of Avis’s largest shareholders, holding a total economic interest of approximately 51% of Avis through stocks and cash-settled swaps as of March 2026, defendants’ aggressive purchasing of Avis stock during the Class Period triggered unusual volatility and a short squeeze in the market for Avis securities – i.e., a rapid surge in Avis’s stock price caused by short sellers buying back shares to cut their losses, thereby fueling further price spikes – all of which served to greatly increase the value of Pentwater’s holdings of Avis stock.

To join the Avis class action, go to  https://rosenlegal.com/cases/avis-budget-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/car-investors-have-opportunity-to-lead-avis-budget-group-inc-securities-fraud-lawsuit-against-pentwater-capital-management-lp-302852218.html

SOURCE THE ROSEN LAW FIRM, P. A.