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Lithuanian company AUGA Group launched the first batch of a new hybrid tractor

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VILNIUS, Lithuania, Feb. 16, 2023 /PRNewswire/ — The Agtech company and organic food producer AUGA group today officially launched its hybrid tractor, AUGA M1, for professional use from the first batch of production. Developed and assembled in Lithuania, the tractor is powered by biomethane and electric drives and is able to operate continuously for up to 12 hours. Compared to diesel-powered analogues, one such tractor reduces carbon dioxide emissions by up to 100 tonnes a year, AUGA group data shows. 

To view the Multimedia News Release, please click: 
https://www.multivu.com/players/uk/9142151-auga-launched-hybrid-tractors/ 

 “Agriculture is responsible for 20% of global emissions, and there have been no real solutions for reducing pollution in this sector. AUGA group took the initiative several years ago to develop technologies that could enable a breakthrough in this area and let to farmers work more sustainably and to consumers choose food with no cost to nature. A year ago, we introduced a prototype of a hybrid tractor and undertook a series of technology tests which allowed us to improve that conceptual model. Today, a year later, we have the result that we promised everyone − the new version of the AUGA M1. The tractors from this first production batch will start their work on farms already in 2023,” says Kęstutis Juščius, the CEO of AUGA group. 

According to the CEO, AUGA group received proposals to manufacture the first batch of tractors not only from Lithuania, but also from foreign manufacturers. But AUGA group was keen to ensure that these technologies developed in Lithuania would be assembled in the country as well. So for this first batch AUGA group chose the Rokiškis Machine Factory, which has many years of experience in the production of agricultural machinery. 

 Differences between the factory tractor and the conceptual model 

During tests, AUGA group engineers found ways to reduce energy losses and boost the overall efficiency of the electric drive. They also managed to lighten the tractor’s construction, resulting in lower energy consumption and less pressure on the soil during operation. 

The first production batch consists of three tractors. Each includes different components. Serial production will use a combination of the technological solutions that showed the best results over this year’s production tests. The factory version of the AUGA M1 hybrid tractor incorporates components from world-renowned manufacturers, such as a Ford internal combustion engine and a CLAAS cab. 

 AUGA group also updated the design of the AUGA M1 tractors. According to Kęstutis Juščius, this version of tractor’s design will be the basis for further production. 

“In creating the prototype, we focused on developing the technology without paying much attention to the design. Now we are presenting the appearance of the future serial production model. The colour of the new tractor is anthracite brown. Anthracite is the world’s oldest coal, while brown is the colour of naturally fertile earth. With the help of all the technologies we develop, we will be storing carbon in the soil in order to reduce the amount in the atmosphere. And as we work sustainably, the land will become more fertile,” the CEO of AUGA group says. 

Unique solutions

Developed by Lithuanian engineers, the AUGA M1 hybrid tractor is unique for its solutions to problems that the world’s largest agricultural machinery manufacturers have not managed to solve – achieving long hours of operation and convenient refuelling. 

 “To date, the gas-powered tractors that have been developed around the world have only been able to work up to 4 hours at a time in the field, as the gas cylinders did not physically fit into the tractor’s structure. The design by our engineers allows the tractor to accommodate larger biomethane gas cylinders. The second obstacle to the spread of biomethane-powered tractors is the underdeveloped biomethane refuelling station infrastructure. We’ve solved this problem by offering a quick and convenient gas cartridge replacement, which is filled at the biomethane plant, not on the tractor, and delivered to each farm. This will eliminate the need for biomethane refuelling stations on farms” says Kęstutis Juščius. 

The AUGA M1 tractor uses a hybrid biomethane-electric fuel system. During the operation of the tractor, an internal combustion engine powered by biomethane generates energy and transmits it directly to electric motors that rotate the wheels. 

Under normal conditions which do not require high power, the tractor accumulates the generated energy reserve in its batteries. The system does not waste energy under low-load conditions, uses a relatively small but efficient engine, and is capable of producing enormous power when needed. 

Plans for the future 

According to the AUGA group’s CEO, the aim is for the new tractors to be used not just by Lithuanian farmers but also by farmers around the world. Moreover, it is aimed that the operating costs of the AUGA M1 tractor will be the same as those of diesel-powered tractors. 

The total investment to date to develop the conceptual model of the AUGA M1 tractor and to produce the first batch is more than €3 million. Since the launch of the prototype, the company has doubled the size of its engineering team and plans to hire even more engineering personnel. 

After the technological tests in the fields, AUGA group will aim to start mass production as soon as possible this year. 

Video – https://mma.prnewswire.com/media/2003153/AUGA.mp4
Photo – https://mma.prnewswire.com/media/2003154/AUGA_Group_CEO.jpg
Logo – https://mma.prnewswire.com/media/2003155/AUGA_Group_Logo.jpg

 

 

 

 

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SOURCE AUGA Group

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BCE reports results of Series S and T preferred share conversions

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October 19, 2026

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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October 19, 2026

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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SOURCE 3M Company

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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October 19, 2026

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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SOURCE Scott Vicknair Personal Injury Lawyers

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