Connect with us

Technology

AlgoFace Awarded a $150K Grant by the Arizona Commerce Authority

Published

on

AlgoFace, a leader in ethical Face AI, is proud to announce that they have been selected for a $150,000 grant by the Arizona Commerce Authority (ACA) as an Awardee of the Arizona Innovation Challenge (AIC). The AIC grant is a prolongation of growth momentum and recognition for AlgoFace.

CAREFREE, Ariz., Feb. 27, 2024 /PRNewswire-PRWeb/ — AlgoFace, a leader in ethical Face AI, is proud to announce that they have been selected for a $150,000 grant by the Arizona Commerce Authority (ACA) as an Awardee of the Arizona Innovation Challenge (AIC). As one of the largest business plan competitions in the nation, the AIC has evaluated more than 2,800 applications and selected 140 Awardees since 2011. AIC’s startup portfolio has collectively raised over $1.8B in funding, seen 29 successful exits, and has a portfolio valuation greater than $2.8B. After three rounds of the 2023 competition, AlgoFace was selected as one of the 10 grant Awardees. The $150K in grant funding will be unlocked by completing milestones in Arizona’s premier, Venture Ready Accelerator program, offered only to AIC Awardees by the ACA.

“We are honored and humbled to have been chosen as one of the 10 recipients of the AIC 2023 awards and to become an ACA portfolio company. As a member of the ACA’s illustrious group of startups, we look forward to accelerating our path of success,” states Andrew Bart, CEO and Cofounder of AlgoFace.

“We are honored and humbled to have been chosen as one of the 10 recipients of the AIC 2023 awards and to become an ACA portfolio company. As a member of the ACA’s illustrious group of startups, we look forward to accelerating our path of success,” states Andrew Bart, CEO and Cofounder of AlgoFace.

ACA’s Venture Ready Accelerator program is designed to ensure companies based in Arizona have access to local resources. This program connects Arizona small business owners with experienced CEOs as a mentor for their 6-month-long panel series designed to assist early-stage ventures to scale.

The AIC grant is a prolongation of growth momentum and recognition for AlgoFace.

AlgoFace was named as one of the 10 Startups to Watch 2024 by the Phoenix Business JournalAlgoFace was selected as an Arizona FAST Grant Awardee by the Arizona Commerce AuthorityAlgoFace CEO Andrew Bart was presented as the “Innovation Award” winner at the Phoenix Business Journal’s 2023 Small Business AwardsAlgoFace participated as a cohort company in the Fuel AI/ML Accelerator sponsored by the Walton Family FoundationAlgoFace was twice picked by Invest Southwest as a presenting company and once as an Alumni presenter at the Venture Madness CompetitionTwo years in a row AlgoFace was chosen as a finalist for Startup of the Year for the AZ Governor’s Celebration of Innovation (2022, 2023)

About AlgoFace

AlgoFace makes it easier to build and deploy trusted responsible Face AI solutions. Our B2B & B2G Ethical Face AI Enablement Engine leverages computer vision, machine learning, and generative AI to power applied AI solutions that operate on the edge. Featuring privacy by default and ethical AI frameworks, our 2D facial landmark tracking, 3D face mesh, iris tracking, head pose estimation, and hair segmentation offer enterprise-grade accuracy and speed, with minimal power requirements. Our core Face AI Enablement Engine can be used to develop 2D and 3D Face AI solutions across mobile, desktop, embedded systems, AR/VR, and the Metaverse.

About the Arizona Commerce Authority

The Arizona Commerce Authority (ACA) is the state’s leading economic development organization with a streamlined mission to grow and strengthen Arizona’s economy. The ACA uses a three-pronged approach to advance the overall economy: recruit, grow, create – recruit out-of-state companies to expand their operations in Arizona; work with existing companies to grow their business in Arizona and beyond; and partner with entrepreneurs and companies large and small to create new jobs and businesses in targeted industries.

Media Contact

Jeffrey Freedman, AlgoFace, 1 4105753330, jeffrey@algoface.ai, https://www.algoface.ai/ 

View original content:https://www.prweb.com/releases/algoface-awarded-a-150k-grant-by-the-arizona-commerce-authority-302069670.html

SOURCE AlgoFace

Continue Reading

Technology

CoolFly to Showcase Personal Flight Portfolio and NA80 Flight-Control Technology at IFA Berlin 2026

Published

on

By

Dream ST will be on display as CoolFly highlights flagship Urban, high-performance Dream Pro and its expanding global dealer network

BERLIN, Sept. 6, 2026 /PRNewswire/ — CoolFly, a developer of personal electric aircraft and eVTOL technologies, is showcasing its Dream ST personal aircraft at IFA Berlin 2026, taking place September 4–8 at Messe Berlin.

Dream ST is on display at CityCube Hall B, Booth CCBB-143, in IFA’s Mobility area. While Dream ST is the aircraft physically presented at the show, CoolFly is also introducing its broader product portfolio, including high-performance Dream Pro and flagship Urban.

Dream ST is a lightweight, single-seat electric aircraft designed for personal and recreational flight, featuring a seated configuration and quick-fold design for easier transportation and storage.

Dream Pro extends the platform with greater payload, endurance and performance. It supports a maximum payload of 120 kg, reaches a maximum speed of 100 km/h, and can achieve up to 40 minutes of flight time with a 70 kg pilot onboard, depending on operating and environmental conditions.

Urban, CoolFly’s flagship personal aircraft, features a standing-position configuration and enclosed-propeller architecture, reflecting the company’s effort to create a more intuitive and distinctive personal flight experience.

All three aircraft share CoolFly’s self-developed NA80 flight control system. NA80 uses a dual-redundant architecture with two independent flight-control units, each integrating three aviation-grade inertial measurement units (IMUs). The system continuously monitors aircraft attitude and motion, supports millisecond-level fault detection and failover, and serves as a common technology foundation across CoolFly’s product portfolio.

Dream ST, Dream Pro and Urban have all obtained CE and FCC certifications for applicable product compliance requirements, supporting CoolFly’s continued international expansion.

CoolFly is also actively recruiting dealers, distributors and commercial partners worldwide, with a current focus on Europe, North America, Australia, the Middle East and other key markets.

Prospective partners and media are invited to visit CoolFly at IFA Berlin 2026, CityCube Hall B, Booth CCBB-143.

About CoolFly
CoolFly develops personal electric aircraft and eVTOL technologies, integrating aircraft design, propulsion and self-developed flight-control systems to make personal flight more accessible.

Media: press@coolflyaircraft.com
Business: support@coolflyaircraft.com

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/coolfly-to-showcase-personal-flight-portfolio-and-na80-flight-control-technology-at-ifa-berlin-2026-302870767.html

Continue Reading

Technology

Experience AI Companion in Everyday Life at Hisense IFA 2026

Published

on

By

BERLIN, Sept. 6, 2026 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, is inviting visitors at IFA 2026 to experience how AI can make everyday home routines simpler and more intuitive. Under the theme “Innovating a Brighter Life,” the Hisense AI Companion Suite, powered by ConnectLife, brings connected intelligence to the kitchen, laundry and living spaces.

Step into the kitchen and a simple question— “What should I make?”—can set the experience in motion. The AI Companion Refrigerator recognizes stored ingredients and suggests meal ideas based on personal preferences. Once a recipe is selected, it can sync with the AI Companion Oven to support automatic cooking, while the AI Companion Wine Cabinet recommends pairings and maintains suitable storage conditions. After the meal, the AI Companion Dishwasher recognizes dish conditions and adjusts cleaning, demonstrating how AI can support the journey from planning dinner to cleaning up.

In the laundry area, visitors can see how the AI Companion Laundry Suite turns a routine load into a simpler, more automated experience. By recognizing clothing characteristics, it selects suitable wash and dry cycles and adjusts the process automatically, creating a load-and-go experience.

The experience continues in the living space. The AI Companion Air Conditioner senses indoor conditions and user presence, adapting airflow as people move through the room. Meanwhile, the AI Companion Energy System considers weather and time-of-use electricity pricing to help optimize household energy use.

Building on ConnectLife’s support, Hisense is collaborating with Alexa+ to be among the first home appliance brands bringing smart home devices to Amazon’s Alexa+ AI assistant using Amazon’s new Smart Home AI Toolkit. Available in the coming months, Alexa+ customers will be able to control select Hisense air conditioners by simply saying what they need. Alexa+ will then map the request, navigate the settings, and complete the action for them.

Hisense’s approach to innovation has also earned recognition at IFA, with several of its products receiving awards. The Multi Function II Series, an all-in-one energy-saving HVAC solution, received a Winner Award, while the X-zone Master was named an Honoree. The U8 Air Master Air Conditioner, W60 3D Kitchen-fit Series and 60cm Integrated Wine Cabinet were also recognized that underscores Hisense’s focus on combining intelligent technology, thoughtful design and everyday usability.

Across these IFA scenarios, Hisense brings its Smart Home Companion capabilities to life through V AIOS, giving devices the ability to Sense what is happening, Think through what to do, Communicate naturally with users and across devices, and Execute tasks by orchestrating devices and services autonomously. Together, these capabilities help AI Companion Suites understand context, make decisions and take action, helping the home do more while asking less of its users.

About Hisense

Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 180 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2026H1). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026TM, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/experience-ai-companion-in-everyday-life-at-hisense-ifa-2026-302870765.html

Continue Reading

Technology

Roborock Reports 27.6% Revenue Growth in H1 2026, Reinforcing Global Market Leadership

Published

on

By

BERLIN, Sept. 6, 2026 /PRNewswire/ — Roborock, a global leader in home robotics engineered to simplify daily life, reported revenue of RMB 10.084 billion in the first half of 2026, up 27.6% year on year, while net profit attributable to shareholders rose 45.6% to RMB 986 million. The company also reached a new global milestone, with Roborock recognized as the world’s No.1 robotic vacuum cleaner brand by both IDC and Euromonitor International.

Global Expansion Continues to Strengthen Growth

Roborock’s international business continued to deliver strong growth in H1 2026 across both mature and high-potential markets. During Amazon Prime Day 2026, Roborock ranked No.1 in the robotic vacuum category in Germany, the United Kingdom, Spain, the Netherlands, Belgium, the United States and Canada. In Europe, Roborock reached a 45% share of the robotic vacuum market, with unit sales up 24% year on year, while wet-dry vacuum unit sales grew 112%. In North America, Roborock reached a 33% share of the robotic vacuum market, with unit sales increasing 30% year on year.

Momentum was also strong across key Asia-Pacific markets. Roborock ranked No.1 in both unit shipments and sales value in Australia, Korea, Taiwan region and Türkiye from Q1 2023 to Q1 2026. In Korea, the brand maintained more than 70% share of the premium robotic vacuum segment, while the S10 MaxV Ultra generated approximately KRW 28 billion in sales within ten days of its February 2026 launch. In Japan, Roborock continued to deepen its premium retail presence through cooperation with Yamada Denki, including dedicated brand displays and nationwide availability of flagship products. Across Asia-Pacific, the company continued to combine its global technology platform with localized channel, marketing and service strategies.

Roborock’s global leadership has also been independently recognized by IDC and Euromonitor International. According to IDC, Roborock ranked No.1 globally by both unit shipments and sales value among robotic vacuum brands in H1 2026, while Euromonitor International ranked the brand No.1 globally by retail sales value in 2025. Together, the two rankings reinforce Roborock’s global market leadership and reflect sustained consumer demand worldwide.

Sustained R&D Investment Supports Long-Term Competitiveness

Roborock continued to invest heavily in technology in the first half of 2026, with R&D spending reaching RMB 720 million, up 5.11% year on year and accounting for 7.14% of revenue. The company continues to build capabilities in intelligent navigation, AI-powered environmental perception, cleaning systems and robotic mobility, while increasingly bringing these technologies together at the system level rather than improving individual specifications in isolation. This integrated approach allows technologies proven in flagship products to be brought into a wider range of models and price segments, helping Roborock strengthen its portfolio while making advanced features available to more consumers.

IFA 2026 Highlights the Next Phase of Innovation

At IFA 2026, Roborock is showcasing its latest advances across indoor and outdoor cleaning. Its new robot vacuums and wet-dry vacuums bring advances in steam-powered care, adaptive cleaning and whole-home versatility, while the Roborock Saros Rover introduces a two-wheel-leg architecture designed to expand robotic mobility beyond flat floors. Roborock is also broadening its intelligent cleaning ecosystem with the debut of the RockAqua P1, its first intelligent pool cleaner, alongside the RockNeo Q2 LiDAR robotic mower, extending its autonomous cleaning capabilities across floors, pools and gardens.

View original content:https://www.prnewswire.co.uk/news-releases/roborock-reports-27-6-revenue-growth-in-h1-2026–reinforcing-global-market-leadership-302868216.html

Continue Reading

Trending