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Ginkgo Bioworks and SaponiQx Awarded MCDC Contract to Discover and Manufacture Next-Generation Vaccine Adjuvants Using Generative Molecular Design

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BOSTON and LEXINGTON, Mass., Feb. 15, 2024 /PRNewswire/ — The Defense Threat Reduction Agency’s (DTRA) Joint Science and Technology Office (JSTO) for the Chemical and Biological Defense (CBD) Program has awarded, through the Medical CBRN [Chemical, Biological, Radiological, and Nuclear] Defense Consortium (MCDC) requirement 22-05, “Adjuvant Activity to Vaccines Prototype,” a 5-year contract totaling up to $31 million including program options to the team of Ginkgo Bioworks, Inc. (NYSE: DNA) and SaponiQx, Inc. (a subsidiary of Agenus Inc., NASDAQ:AGEN) to discover and develop next-generation vaccine adjuvants. Partners in adjuvant discovery and development since 2021, Ginkgo, which is building the leading platform for cell programming and biosecurity, and SaponiQx, developing a visionary adjuvant development platform, will use a combination of high-throughput empirical and artificial intelligence/machine learning approaches, including Generative Molecular Design (GMD), to develop superior novel saponin-based adjuvants.

Adjuvants are components of vaccines that help to enhance the magnitude, breadth, and duration of the immune response to vaccination. Currently, only a handful of adjuvants are available for human use in licensed vaccines. SaponiQx’s STIMULON™ QS-21 is a key adjuvant component in market-leading vaccines for shingles, malaria, and respiratory syncytial virus. Novel adjuvants with enhanced properties, including tailored humoral and cellular immune responses, could pave the way for a new wave of innovative vaccines against existing and emerging pathogens.

“The COVID-19 pandemic revealed the critical need for safe, effective, and accessible vaccines against emerging biothreat agents,” said Jennifer Wipf, SVP, Head of Commercial Cell Engineering at Ginkgo Bioworks. “Imagine a future where vaccines are not only more affordable but also provide consistent protection in fewer doses, without causing discomfort or requiring refrigeration. We’re very excited by this opportunity to strengthen and expand the SaponiQx–Ginkgo partnership and to work with DTRA to make that future a reality.”

“Building on our achievements with STIMULON QS-21, SaponiQx is excited to realize our company’s founding vision of harnessing the potential of Generative Molecular Design to dramatically increase access to lifesaving vaccines around the world,” said Rebecca Kurnat, Head of Operations at SaponiQx.

The partners aim to demonstrate in the laboratory and in animal studies the ability of these novel adjuvants to protect against challenges from biothreat agents, such as the plague, and to provide lower cost, sustainable and scalable manufacturing processes by leveraging Ginkgo’s leading platform for cell programming. The partners intend to design candidate adjuvants using SaponiQx’s leading platform for adjuvant generation, and to identify additional candidates by screening natural extracts for previously uncharacterized saponins and creating non-natural saponins with enzyme-based techniques. Harnessing a first-of-its-kind “data lake” for adjuvants, they plan to use iterative GMD to propose and optimize adjuvant structures against eight functional parameters. Adjuvant candidates will be put through in-depth testing, first in the laboratory for immune and toxicity responses, and then in studies of their effectiveness in protecting vaccinated animals from pathogens; QS-21 and the related QS-7 will serve as benchmarks.

By leveraging Ginkgo’s leading platform for cell programming, the partners also intend to develop more affordable, sustainable, and scalable adjuvant manufacturing processes. Ginkgo will develop a first-generation Adjuvant Development Candidate (ADC) production method, using a heterologous production strain such as brewers’ yeast, Saccharomyces cerevisiae. Ginkgo’s platform powers iterative Design–Build–Test–Learn-driven cell engineering to enable the rapid prototyping, optimization, and development of proteins, enzymes, metabolic pathways, and whole organisms under commercial-scale manufacturing conditions. Development of a first-generation ADC production method could facilitate further development of a sustainable mass-production manufacturing process for these complex adjuvants.

About Ginkgo Bioworks

Ginkgo Bioworks is the leading horizontal platform for cell programming, providing flexible, end-to-end services that solve challenges for organizations across diverse markets, from food and agriculture to pharmaceuticals to industrial and specialty chemicals. Ginkgo’s biosecurity and public health unit, Concentric by Ginkgo, is building global infrastructure for biosecurity to empower governments, communities, and public health leaders to prevent, detect and respond to a wide variety of biological threats. For more information, visit ginkgobioworks.com and concentricbyginkgo.com, read our blog, or follow us on social media channels such as X (formerly known as Twitter) (@Ginkgo and @ConcentricByGBW), Instagram (@GinkgoBioworks and @ConcentricByGinkgo), Threads (@GinkgoBioworks) or LinkedIn.

About SaponiQx

Founded in 2021, SaponiQx, a subsidiary of Agenus Inc., stands at the forefront of saponin-based adjuvant discovery and manufacturing. Its mission is to provide scalable and affordable vaccine adjuvants to enhance global health. Its proprietary adjuvant, STIMULON QS-21, forms an integral part of the AS01 adjuvant used in several leading vaccines. STIMULON is a trademark of Agenus Inc., the parent company of SaponiQx Inc.

Forward-Looking Statements of Ginkgo Bioworks

This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the capabilities and potential success of Ginkgo’s cell programming platform. These forward-looking statements generally are identified by the words “believe,” “can,” “project,” “potential,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) volatility in the price of Ginkgo’s securities due to a variety of factors, including changes in the competitive and highly regulated industries in which Ginkgo operates and plans to operate, variations in performance across competitors, and changes in laws and regulations affecting Ginkgo’s business, (ii) the ability to implement business plans, forecasts, and other expectations, and to identify and realize additional business opportunities, (iii) the risk of downturns in demand for products using synthetic biology, (iv) the uncertainty regarding the demand for passive monitoring programs and biosecurity services, (v) changes to the biosecurity industry, including due to advancements in technology, emerging competition and evolution in industry demands, standards and regulations, (vi) our ability to realize the expected benefits of merger and acquisition transactions, (vii) the outcome of any legal proceedings against Ginkgo, including as a result of recent acquisitions, (viii) our ability to realize the expected benefits from and the success of our Foundry platform programs, (ix) our ability to successfully develop engineered cells, bioprocesses, data packages or other deliverables, and (x) the product development or commercialization success of our customers. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Ginkgo’s quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 8, 2023 and other documents filed by Ginkgo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Ginkgo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Ginkgo does not give any assurance that it will achieve its expectations.

GINKGO BIOWORKS INVESTOR CONTACT:

investors@ginkgobioworks.com 

GINKGO BIOWORKS MEDIA CONTACT:

press@ginkgobioworks.com 

Forward-Looking Statements of SaponiQx

This press release includes forward-looking statements, subject to risks and uncertainties, concerning the development of vaccines and adjuvants. Refer to the Risk Factors in Agenus’ latest Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the SEC for a detailed discussion of these risks.

SAPONIQX MEDIA CONTACT:

communications@saponiqx.com

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SOURCE Ginkgo Bioworks

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CHAI AI, Backed by CoreWeave and AMD, Hits $80M ARR with talks of $2.4B Valuation

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PALO ALTO, Calif., April 30, 2026 /PRNewswire/ — Following a pivotal 2025 investment from CoreWeave and AMD, CHAI AI has maintained an unstoppable growth trajectory, surpassing $80 million ARR at the close of Q1 2026, propelling the company to an estimated $2.4 billion valuation.

“Millions of people use our social AI platform every day, and our continued growth is a direct reflection of our incredible talent,” said William Beauchamp, founder of CHAI AI. “I moved the company from the UK to Palo Alto in 2022 because it is where I can find talented engineers. Our growth is driven by fast iteration cycles and the hard work of the engineers.”

What is the mission of CHAI AI? People want to create their own AI and share it with others, and they want to discover and interact with AI built by people they follow. Just as social media platforms emerged when video creation and consumption became ubiquitous, social AI platforms are now emerging to meet an equivalent wave of consumer demand for generative AI creation, sharing, and interaction.

What is the growth rate and traction? In the last three consecutive years, CHAI AI has sustained a 3x growth rate with ARR crossing $80 million by the end of Q1 2026 and a projection to surpass $200 million.

What is the valuation of CHAI AI? CHAI AI is estimated to have a valuation of $2.4 billion as of Q1 2026, based on $80 million in ARR and its sustained growth rate.

Who are the major investors in CHAI AI? AMD and CoreWeave are the primary, strategic investors in CHAI AI, bringing its total investment to date to over $55 million.

What is the culture like at CHAI AI? Our fast-growing company is supported by a talented engineering team that thrives on fast iteration cycles and takes on the most challenging problems in the field. CHAI AI operates with a high-bar, high-reward culture where engineers own entire product segments end-to-end, from prototyping to production.

What is the compensation? CHAI AI competes with top-paying companies such as Jane Street, OpenAI, Meta, and Citadel. We pay 100% cash salaries and are known for generous compensation offers, with the option to trade a portion of cash for stock options. The founding team’s background is in quantitative trading, and they have maintained a compensation philosophy consistent with that culture.

How do promotions and performance reviews work? Performance is reviewed on a daily basis, and engineers are expected to work hard and drive impact. At the beginning of each year, there is a performance-based salary increase.

What is the management structure? The structure is flat, with a team of 15 to 20 engineers.

What are the typical working hours? Engineers at CHAI AI typically work from 9 AM to 5 PM during weekdays, as well as Saturday morning.

Is there vacation or PTO? CHAI AI does not have a set number of vacation days on the calendar, but we respect that employees need time to recharge. In practice, most engineers take around 20 days off per year.

Is the role fully in-person in Palo Alto, hybrid, or remote-friendly? All CHAI employees are expected to work in person in Palo Alto. As a startup that moves fast, we want to ensure the team stays in sync.

What’s the onboarding experience like for new engineers? New hires follow a structured 3-month onboarding plan. Each new hire is paired with an experienced hire and ramped up quickly. You will be assigned high-impact tasks from day one, with clear evaluation metrics and direct mentorship from peers.

Press Contact:
CHAI AI Press
+1 (626) 594-8966

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SOURCE Chai AI

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Greenberg Traurig Shareholder Lisa M. Lanham to Speak at MBA Legal Issues & Regulatory Compliance Conference

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MIAMI, April 30, 2026 /PRNewswire/ — Lisa M. Lanham, a shareholder in global law firm Greenberg Traurig, P.A.‘s Financial Regulatory & Compliance Practice, will speak at the Mortgage Bankers Association’s (MBA) Legal Issues & Regulatory Compliance Conference, taking place May 4-7 at the InterContinental Hotel in Miami.

Lanham will participate in the session titled “Emerging Issues Track: The Risk Behind the Race — Employee Mobility, Data, and Licensing,” scheduled for 3:30-4:45 p.m. Monday, May 4. The panel will examine how competitive hiring practices, proprietary data use, and evolving multistate licensing frameworks are creating heightened legal and regulatory risks for independent banks. Panelists will discuss recent litigation trends, data protection considerations, and operational practices that can expose institutions to increased scrutiny.

Based in the firm’s Miami office, Lanham’s practice focuses on consumer financial services regulatory compliance and licensing. She regularly advises mortgage lenders, servicers, fintech companies, and financial institutions on navigating complex federal and state regulatory regimes, workforce mobility issues, and compliance risk management.

The MBA Legal Issues & Regulatory Compliance Conference is a leading industry forum bringing together legal, compliance, and business professionals to address emerging regulatory challenges facing the mortgage banking industry.

About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,100 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI “Best of the Best Recommended Law Firm” by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.

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SOURCE Greenberg Traurig, LLP

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Teenage Mutant Ninja Turtles: Empire City Out Now on Meta Quest, Pico, and Steam VR

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Award-winning Cortopia Studios launches the first-ever Turtles VR game

STOCKHOLM, April 30, 2026 /PRNewswire/ — The Teenage Mutant Ninja Turtles have been everywhere from New York City to Dimension X, but with the launch of Teenage Mutant Ninja Turtles: Empire City, Beyond Frames Entertainment and Cortopia Studios take the iconic heroes into an all-new reality for the very first time: virtual reality.

Watch the full release trailer here: https://youtu.be/TK2PFmvvVf0

Available now on Meta Quest, Steam VR, and Pico for $24.99, Teenage Mutant Ninja Turtles: Empire City is a story-based action adventure game that can be enjoyed single-player, or with friends in optional co-operative multiplayer, allowing players to join together and push against the forces of The Foot.

Teenage Mutant Ninja Turtles: Empire City takes players to a New York City where the Shredder has been defeated and, in the void left behind, warring factions are vying for total control – from Karai, the leader of the Japanese branch of The Foot Clan, to Mashima, a mystic determined to resurrect the ruthless chaos and power that he believes their fallen leader stood for. 

Players will explore the neighborhoods you’ve sworn to protect, square off against classic foes, and chow down on pizza – just like a real Turtle. In Teenage Mutant Ninja Turtles: Empire City, players are in full control of their play style and experience, engaging however they feel their favorite Turtle would – from stealthy attacks to outright berserker action. 

In addition to the base game, Teenage Mutant Ninja Turtles: Empire City is available with a Digital Deluxe Edition upgrade for $4.99, featuring four alternate skins for each Turtle (Mirage, Nostalgia, Owari Masks and Red Masks), alongside an in-game digital art book and an in-game browsable soundtrack.

To learn more, follow Teenage Mutant Ninja Turtles: Empire City on Discord, X, TikTok, Instagram and Facebook.

PRESS KIT

Press kit for Teenage Mutant Ninja Turtles: Empire City can be found here: https://bit.ly/3GMgdqP

CONTACT:

Press Contact: Jim Squires, press@beyondframes.com
Beyond Frames Publishing: Maeva Sponbergs, Head of Publishing, hello@beyondframes.com, +46 8 50235808

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/beyond-frames/r/teenage-mutant-ninja-turtles–empire-city-out-now-on-meta-quest–pico–and-steam-vr,c4342105

The following files are available for download:

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SOURCE Beyond Frames

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