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New GAC R&D Center Europe to Strengthen Innovation and Grow Talent Pool

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GUANGZHOU, China, Oct. 31, 2022 /PRNewswire/ — GAC Group recently announced the opening of GAC Research and Development Center Europe (R&D Center Europe) in Milan, Italy. As part of GAC’s ongoing mission to go global, the launch of R&D Center Europe marks another milestone in the company’s expansion strategy. The hub pools together the world’s top industry resources including leading suppliers and R&D institutions, forming an ecosystem of global excellence to strengthen overall innovative and design capabilities.

The Milan facility plays a pivotal role in implementing the company’s R&D scheme abroad. As per the long-term strategic move of “Design First, Other Fields to Follow”, the team plans to prioritize prospective research in the design of concept cars and pre-production models and explore the field of emerging technologies at a later stage.

Zhang Fan, Vice President of GAC R&D Centre, said: “Design is one of the most important values for the GAC Group and, in today’s market, a key decision factor for customers. We have chosen the city of Milan as our first European design hub for its strong cultural and creative identity, which combines ideas in motion, innovation, and heritage of style and design. “

Stephane Janin, Director of GAC Advanced Design Europe, will oversee operations at the new facility in Milan. Janin is known as “the master of concept cars” in the design industry and was a former lead of Renault’s concept car department.

Janin will head a team of “Made in Europe” talent, joined by members of GAC Design studios in China and the US. Together, they will play an active part in Milan’s creative community, facilitating the exchange of innovative ideas and practices on a global level. 

With the support of the new team, GAC MOTOR can leverage Europe’s sophisticated culture and talent, as well as the region’s extensive experience in production, R&D network and progressive design outlook to maximize GAC MOTOR vehicles’ appeal and perceived value. 

The carmaker exported 23,544 units between January and September of 2022, up 84% year-on-year. Since entering international markets, GAC MOTOR has established a network of overseas distribution system in over 28 countries and regions.

In view of the automobile industry’s promising export potential, the inauguration of GAC R&D Center Europe will offer a rare opportunity to gain deeper access to customers abroad with the variety of resources now available to the brand.

SOURCE GAC MOTOR

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GI Partners Acquires a Majority Interest in Otodata Holdings Inc., Partnering with Existing Investor Renovo Capital

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MONTREAL, Sept. 1, 2026 /PRNewswire/ — Otodata Holdings Inc. (“Otodata” or the “Company”), a market leader in remote monitoring and vehicle tracking solutions, announced today that GI Partners, a leading private investment firm, has closed on a majority investment in the Company. Existing shareholders, including Renovo Capital (“Renovo”) and management, will retain a minority stake in the Company.

Founded in 2010 and based in Montreal, Canada, Otodata provides full-stack remote monitoring solutions for distributed tank assets, with an installed base of more than 3.5 million monitored tanks globally. Its solutions enable Otodata’s customers to monitor tank levels remotely, delivering real-time, insightful data to optimize asset utilization and workforce efficiency while helping to prevent costly runouts. The Company’s products enable large-scale implementation of remote monitoring, delivering a compelling return on investment for its customers worldwide. Otodata also operates Tag Tracking, the leading provider of vehicle tracking, theft prevention, and stolen vehicle recovery solutions through its proprietary communications network in Canada.

“We’re excited to welcome GI Partners as our new majority partner,” said Jeremy Eaton, CEO of Otodata. “GI Partners’ deep experience investing in Internet of Things (“IoT”) businesses, paired with its operational and digital infrastructure expertise, will help us strengthen our current offerings, better serve current and new customers, and accelerate our expansion into new verticals.”

Jerry Stapp, Managing Director at GI Partners, said, “Otodata is a best-in-class business that we have admired for a number of years, operating in a mission-critical category. We see strong tailwinds in IoT from artificial intelligence, automation, and digitization, and Otodata is well positioned to capture them. The Company’s track record speaks for itself, and we’re excited to partner with Otodata and Renovo to accelerate that momentum through continued investment in the team and product roadmap.”

Matt Farrell, Partner at Renovo, commented, “Working alongside the Otodata management team since our initial investment in 2020 has produced incredible results. From building out manufacturing capabilities to expanding both geographically and into other verticals, the team has executed flawlessly. We are excited to be part of the next chapter with GI Partners and are looking forward to what the combined team can accomplish.”

Evercore served as financial advisor and DLA Piper served as legal advisor to the Company.

Robert W. Baird & Co. served as financial advisor and Ropes & Gray LLP served as legal advisor to GI Partners.

Financial terms of the transaction were not disclosed.

About Otodata
Founded in 2010 and headquartered in Montreal, Canada, Otodata provides industry-leading remote monitoring hardware, software, and applications for various industries. Its solutions enable distributors to monitor their tanks remotely, delivering real-time, insightful data to optimize asset utilization and workforce efficiency. The company has an installed base of more than 3.5 million monitored tanks across North America, Europe, Latin America, and the Middle East. Otodata also operates Tag Tracking, a leading provider of vehicle tracking, theft prevention, and stolen vehicle recovery solutions in Canada. For more information, visit www.otodata.com.

About GI Partners
Founded in 2001, GI Partners is a private investment firm with over 150 employees and offices in San Francisco, New York, Dallas, Chicago, Greenwich, Scottsdale, and London. The firm has raised more than $50 billion and invests on behalf of leading institutional investors around the world through its private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the healthcare, services, and software sectors. The real estate team focuses primarily on technology and healthcare properties as well as other specialized types of real estate. The data infrastructure team invests primarily in hard-asset infrastructure businesses underpinning the digital economy. For more information, please visit www.gipartners.com.

About Renovo Capital
Renovo Capital is a Dallas, TX-based lower middle market private equity firm comprised of seasoned operating and investing professionals. Renovo makes control investments in technical product and service businesses that have the potential to generate meaningful value through operational improvements and strategic initiatives. Since its founding in 2009, Renovo has completed over 43 transactions and raised over $750 million of committed capital. Renovo is currently investing out of Renovo Capital Fund IV, LP, a $350 million committed capital fund raised in 2024. For more information, please visit https://www.renovocapital.com.

Media Contacts

GI Partners
Chris Tofalli, Public Relations
chris@tofallipr.com

Emily Kuan, Investor Relations
pr@gipartners.com

Renovo Capital
Matt Farrell, Partner
matt.farrell@renovocap.com

Otodata
Gregory Bronner, Marketing Director
gbronner@otodata.com

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SOURCE GI Partners

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Sumsub Launches Flagship Podcast ‘Trust Forward’ Exploring the Architecture of Human Belief

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From ancient scams to modern deepfakes, the six-part series brings together world-class experts to decode the invisible mechanics of human credibility.

LONDON, Sept. 1, 2026 /PRNewswire/ — Sumsub, the first AI-powered trust infrastructure for compliance operations at scale, today announced the launch of its new narrative podcast series, Trust Forward. Releasing fortnightly starting Tuesday, September 1, the show pairs immersive storytelling with expert analysis to investigate how human society builds, tests, and rebuilds systems of credibility—from ancient commercial seals to modern digital identity networks.

“The truth is, deepfakes and forgeries are just the latest take on old tricks,” says Mary-Ann Ochota, host of Trust Forward, anthropologist, and broadcaster. “The technology evolves, but the pattern never changes: we’ve been building, breaking, and rebuilding trust for millennia. Who and what do we trust? How do we decide? And how can we avoid getting played? Understanding how the trust cycle played out in the past can help us navigate it in the present. We need all the skills we can!”

Drawing on its work in digital verification and fraud prevention, Sumsub created the series to examine trust as humanity’s original technology, and show how the fight against fraud has evolved alongside it.

“At Sumsub, our daily focus is on securing digital identity and preventing fraud, but trust itself is much bigger than software—it’s the fundamental technology that holds human society together,” says Andrew Sever, Co-founder and CEO of Sumsub. “Trust Forward takes a step back to look at how mechanisms of trust have evolved over centuries, how they inevitably get tested, and what that history tells us about securing the future.”

World-Class Expert Lineup

Across six 30-minute episodes, Season 1 pairs multiple expert voices per episode, including historians, economists, criminologists, and technologists. Alongside a wide range of guest contributors, featured experts across the series include:

Episode 1: Money, Seals, and Portable Trust – Tracing the evolution of portable trust from ancient currency to paper promissory notes, with Harvard fellow and cryptographer Bruce Schneier (A Hacker’s Mind).Episode 2: Status as a Proxy for Truth – Examining how social standing historically dictated scientific truth, with pioneering astrophysicist Dame Jocelyn Bell Burnell.Episode 3: The Architecture of Synthetic Reputation – Unpacking classic confidence tricks and fabricated credibility, with psychologist and New York Times bestselling author Maria Konnikova (The Confidence Game).Episode 4: Outlaw Governance and Honor Systems – Exploring pirate codes and self-enforced rules outside formal law, with Oxford University Criminology Professor Federico Varese (Mafias on the Move).Episode 5: From Community Gossip to Credit Scores – Detailing the shift from informal reputation to structured financial ledgers, with The Economist Deputy Editor Tom Standage (A History of the World in 6 Glasses).Episode 6: Planetary Scale and Digital Manipulation – Analyzing ancient merchant guilds scaled up to modern social platforms, with Harvard cryptographer Bruce Schneier.

Trust Forward Episode 1 is live now—click here to listen. This and the subsequent episodes will be available on all audio platforms including Apple Podcasts, Spotify, Castbox, Amazon Music, and YouTube Music.

About Sumsub

Sumsub is the first AI-powered trust infrastructure for compliance operations at scale. By bringing together identity and business verification, fraud prevention, ongoing monitoring, and risk management in a single layer, Sumsub enables companies to streamline operations, adapt to evolving regulations, enter new markets, and grow securely.

Recognized as a Leader by Gartner, Forrester, and IDC, Sumsub combines seamless integration with advanced fraud prevention to deliver industry-leading performance. Sumsub also invests in responsible AI innovation through its AI Academic Program, forming alliances with top academia and institutions globally to enhance the world’s resilience against AI-powered fraud.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sumsub-launches-flagship-podcast-trust-forward-exploring-the-architecture-of-human-belief-302866192.html

SOURCE Sumsub

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OSCP announces ArduPilot support across its MK2 IMU family

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An ArduPilot driver is now available for download at docs.oscp.com for every member of the MK2 family. The company is meeting drone builders at Commercial UAV Expo in Las Vegas this week.

LAS VEGAS, Sept. 1, 2026 /PRNewswire/ — OSCPS Motion Sensing Inc., operating as OSCP, today announced ArduPilot support across its MK2 family of inertial measurement units. The OSCP ArduPilot driver is available for download at docs.oscp.com, alongside integration documentation, a C SDK and Python examples.

For uncrewed aircraft the failure mode is the same everywhere: the platform flies until the satellite fix goes away. GNSS jamming and interference now reach far beyond declared conflict zones, and beyond-visual-line-of-sight operations leave no one with eyes on the aircraft. What bounds the drift in those minutes is the quality of the gyroscope.

The driver connects any MK2-family unit to an ArduPilot system over standard RS-422 or CAN-FD. Builders can start with the MK2M2, a MEMS unit measuring 40 by 40 by 25 millimetres, weighing 75 grams and drawing 1.2 watts, and move to the photonic MK2E2 for tactical-grade performance with the same driver and the same interfaces.

The photonic option matters on airframes because it is resilient to vibration: MEMS gyros are g-sensitive and accrue extra error under vibration and sustained acceleration, where OSCP’s photonic sensing holds its bias stability.

“Drone builders settled on ArduPilot a long time ago, and they were right,” said Kazem Zandi, founder and chief executive of OSCP. “We are not asking anyone to change their autopilot. We are giving the autopilot they already trust a better sense of motion.”

In a published road test over 21 minutes with satellite positioning denied, navigating on the gyroscope and a one-hertz speed input with no filter, OSCP’s photonic IMU finished 5.7 metres from ground truth against 20.5 metres for a MEMS unit on identical aiding.

OSCP sensors are designed and manufactured in Montreal and are ITAR-free. The company’s sales leadership is at Commercial UAV Expo, September 1 to 3. To arrange a meeting, contact sales@oscp.com. For details, visit oscp.com.

ABOUT OSCP

OSCPS Motion Sensing Inc., operating as OSCP, designs and manufactures photonic gyroscopes and inertial measurement units. Founded in 2015 and based in Montréal, Québec, the company builds inertial sensors that deliver tactical-grade accuracy at the size, weight, power and cost of MEMS, for navigation where GNSS is jammed, degraded or unavailable. Its customers work in space, defence, marine and subsea, rail, robotics and ground autonomy. OSCP products are made in Canada and are ITAR-free.

Media contact: info@oscp.com, +1 (438) 383-6727

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/oscp-announces-ardupilot-support-across-its-mk2-imu-family-302863224.html

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