Connect with us

Technology

DZYNE Technologies Announces the Acquisition of High Point Aerotechnologies, Strengthening an Autonomous Technology Platform Built for the Future of Defense

Published

on

The transaction adds robust, proven counter-UAS capabilities to one of the world’s leaders in autonomous flight innovation

IRVINE, Calif., June 27, 2024 /PRNewswire/ — DZYNE Technologies (“DZYNE”), a leading developer and manufacturer of autonomous technologies including Group I-V UAS platforms, today announced the strategic acquisition of High Point Aerotechnologies (“High Point”), a global leader in the design and manufacture of innovative air defense technologies focused on counter-uncrewed autonomous systems (“C-UAS”). The transaction marks a significant milestone as DZYNE continues to accelerate its growth trajectory and broaden its autonomous technology offerings. 

The acquisition creates a unique platform encompassing a range of proven defense technology solutions, including (i) autonomous aircraft technologies, encompassing both long endurance ISR and launched effects, (ii) counter-UAS solutions, (iii) AI/software technologies, and (iv) mission operations capabilities. The combination allows DZYNE to leverage its 12+ years of expertise in advancing sensitive autonomous defense technologies to the Department of Defense by extending into the C-UAS domain. 

“This acquisition represents a new chapter for DZYNE’s AI-enabled products,” stated Matt McCue, CEO of DZYNE Technologies. “By combining cutting-edge, mission-proven C-UAS technologies with our cost disruptive airborne ISR and innovative launched effect platforms, DZYNE is able to bring end-to-end technology and mission solutions for our country’s most important missions sets.” 

Known for its rapid design, development, and deployment of advanced autonomous aircraft systems, DZYNE has consistently pushed the technological bounds of autonomy while also upending the traditional cost paradigm of unmanned autonomous systems. DZYNE’s long-endurance uncrewed aircraft, LEAP, and ultra-long-endurance uncrewed aircraft, ULTRA, offer unmatched combinations of endurance, payload capacity, and affordability. 

Al White, CEO of High Point, will continue to manage the C-UAS business inside of DZYNE as EVP of Air Defense Technologies. As part of a previously planned leadership transition, Mr. Matt McCue has succeeded Dr. Tom Strat to serve as DZYNE’s CEO; Dr. Strat will continue as a member of DZYNE’s Board. The Company also announced the hiring of Mr. Jeff Payne as Chief Financial Officer and appointments of Dr. Jeff Maas as Chief Technology Officer, Hon. Christopher C. Miller as Chief Strategy Officer, Mr. Joseph Francescon as Chief of Government Affairs, and Mr. Davey Gibian as Head of AI Strategy. Recently announced Chief Revenue Officer Mr. David Levy will continue in this role.

DZYNE and High Point are both portfolio companies of Highlander Partners, a Dallas-based private investment firm.

“The combination of DZYNE and High Point establishes an autonomous defense platform with a remarkable and synergistic range of capabilities, and the integration of these premier engineering teams will even further accelerate the development of creative solutions demanded in a rapidly evolving industry,” commented Ben Slater, a Partner at Highlander and the Chairman of DZYNE. “DZYNE is very well-positioned to continue to play a meaningful, disruptive role in the future of defense technology.”

About DZYNE Technologies:
DZYNE is a high-growth, leading technology developer and manufacturer of airborne and ground based autonomous defense solutions purpose-built to meet the modern defense needs of customers around the globe. The company’s solutions encompass the entire autonomous defense lifecycle and include multiple U.S. Government Programs of Record across UAS and C-UAS technologies. Together with legacy subsidiary companies High Point Aerotechnologies and Flex Force Enterprises, DZYNE is proud to support U.S. and allied military and civil defense partners and operations globally. For more information, visit www.dzyne.com. 

About High Point Aerotechnologies
High Point is a global and mission-proven leader in C-UAS solutions across air, land, and maritime domains. Its innovative physical solutions and DefenseOS open architecture software environment enable operations at machine speed to detect, identify, track, and defeat UAS threats. Its products range from exquisite military-grade air defense systems capable of kinetic defeats, to the compact and cost-effective Dronebuster jammer, the most widely deployed handheld C-UAS system in the world. For more information, visit www.highpointaerotech.com. 

About Highlander Partners
Highlander Partners, L.P. is a Dallas-based private investment firm with more than $3 billion in assets under management. The firm focuses on making investments in businesses in targeted industries in which the principals of the firm have significant operating and investing experience. Highlander Partners employs a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. For more information, visit www.highlander-partners.com. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/dzyne-technologies-announces-the-acquisition-of-high-point-aerotechnologies-strengthening-an-autonomous-technology-platform-built-for-the-future-of-defense-302183717.html

SOURCE DZYNE Technologies

Continue Reading

Technology

LianLian Global and PayPal Power Cross-Border Payouts for Social Commerce, Marketplace, and eCommerce Customers

Published

on

By

Social commerce, marketplaces and eCommerce players served by LianLian Global can now pay creators, influencers, developers, and independent contractors directly to their PayPal and Venmo wallets.

NEW YORK, Oct. 22, 2026 /PRNewswire/ — LianLian Global  today announced it has partnered with PayPal (NASDAQ: PYPL) to enable its social commerce, marketplace and e-commerce clients to send payouts directly to PayPal accounts globally and to Venmo accounts in the U.S.

The creator and gig economy runs on fast, low-friction payouts. Brands are expected to spend $32.6 billion on creators in 2026 and roughly 50 million people worldwide create content professionally or semi-professionally (Gigapay Global Creator Economy Report 2026). Many of these recipients already hold a PayPal or Venmo account: PayPal had over 400 million active accounts across approximately 200 markets at the end of Q2 2026, and Venmo reached 67 million monthly active accounts in Q4 2025.

Paypal Payouts is live in 96 global markets and 24 currencies. It allows merchants to send to any email address, mobile number, or Venmo user handle, with or without an existing PayPal or Venmo account.

To support enterprises expanding globally, LianLian Global provides digital payment services including pay-in, pay-out, acquiring, foreign exchange, virtual cards and payment aggregation. To date, its parent company Lianlian DigiTech has served more than 13.3 million clients. Its services reach more than 200 countries and regions, support transactions and settlement in more than 140 currencies, and connect with more than 180 global e-commerce platforms.

The partnership combines LianLian Global’s cross-border collection, FX and compliance infrastructure with PayPal’s global wallet network. Key offerings include:

Pay to PayPal: Payouts from LianLian Global clients to PayPal account holders in 96 markets, using only the recipient’s email or phone numberPay to Venmo: Domestic U.S. payouts to Venmo users, including creators, influencers and independent contractorsPayPal Payouts for Platforms: Mass disbursements for social commerce, marketplaces and affiliate platforms paying large numbers of sellers, creators and contractorsSpeed to settle: Save time and money by eliminating check runs and postage; no need for routing numbers and bank accounts.

Sandra Lam, Deputy CEO of US at LianLian Global: “Social commerce is creating a new economy, where creators, influencers and independent sellers drive discovery and sales alongside the platforms they sell on. Paying these participants fast, across borders and in small amount is what powers the network effect of social commerce. We see our work with Paypal as a key step in building the payout rails for the global gig economy.”

The collaboration expands LianLian Global’s payout coverage and supports its growth in the U.S. and global markets as cross-border platforms scale their creator and contractor programs.

View original content:https://www.prnewswire.com/news-releases/lianlian-global-and-paypal-power-cross-border-payouts-for-social-commerce-marketplace-and-ecommerce-customers-302917635.html

SOURCE LianLian Global

Continue Reading

Technology

Crab2B Debuts as Hong Kong’s First Dedicated B2B Platform for Mobile Electronics

Published

on

By

HONG KONG, Oct. 23, 2026 /PRNewswire/ — With the global population surpassing 8 billion, mobile electronics have become essential to modern life, with smartphones now used by billions of people. Across approximately 13,861 cities worldwide, electronics wholesalers play a vital role in the supply chain. Among the world’s three major wholesale hubs for digital electronics, Dubai serves the Middle East and Africa, Miami connects markets across Latin America, and Hong Kong draws strength from its unique position linking mainland China with global markets. According to Hong Kong Customs data, re-exports of used mobile phones from Hong Kong reached 51.5 million units in 2025, while the total value of electronics exports hit HK$3.9216 trillion. Yet despite its value running into the trillions of Hong Kong dollars, it has long lacked a dedicated online platform.

Crab2B was created to fill this gap as Hong Kong’s first B2B platform dedicated to mobile electronics. Inspired by Alibaba’s online B2B marketplace model, the platform focuses on consumer electronics, bringing together hundreds of thousands of buyers and sellers worldwide and enabling them to connect directly.

Crab2B covers a broad range of products, including smartphones, tablets, laptops and other smart devices. Listings span brand-new and used devices, as well as certified pre-owned (CPO) and as-is products. The platform also connects buyers and suppliers with service providers offering product inspection, international logistics and repair services. Users can search for products by brand and model, while all merchants undergo rigorous verification before joining the platform. With these safeguards in place, Crab2B is designed to meet the needs of businesses across the value chain, protect the interests of both buyers and sellers, and facilitate mutually beneficial transactions.

Building on Hong Kong’s established trading network, Crab2B made its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, held at AsiaWorld-Expo from October 18 to 21, 2026, where it also launched the Crab2B app. Looking ahead, Crab2B will remain firmly rooted in Hong Kong while expanding its global reach, continuing to refine the platform to deliver a smarter, more comprehensive digital marketplace for mobile electronics. By helping international buyers identify suitable suppliers, simplifying cross-border sourcing and reducing transaction costs, Crab2B aims to support the continued growth of Hong Kong’s digital trade sector and contribute to the city’s long-term prosperity and stability.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/crab2b-debuts-as-hong-kongs-first-dedicated-b2b-platform-for-mobile-electronics-302917652.html

SOURCE CRAB 2B TECHNOLOGY INVESTMENT CO., LIMITED

Continue Reading

Technology

AiMOGA Launches Global Robot Innovation: Mobo Debuts from Wuhu, Empowering Homes and Businesses

Published

on

By

KUALA LUMPUR, Malaysia, Oct. 23, 2026 /PRNewswire/ — AiMOGA Robotics has officially launched Mobo, its first consumer-grade humanoid family companion robot, marking a new chapter in intelligent living for Malaysian households and enterprises. Unveiled globally from AiMOGA’s headquarters in Wuhu, China, during a joint international users summit with its sister brands, this groundbreaking product reflects the company’s commitment to worldwide innovation and technological excellence.

Standing 0.9 meters tall with 22 degrees of freedom, Mobo supports over 20 languages—including Bahasa Malaysia—and delivers rich, personalized interactions. Designed for family life, it offers children interactive learning, storytelling, and object recognition, while providing elders with conversational companionship and customizable reminders. Powered by MoAgent, AiMOGA’s embodied intelligence system, Mobo features a dual-brain architecture enabling real-time responses, multi-tasking capabilities, and adaptive learning through facial recognition and secure MogaCloud integration.

Peng Xia, AiMOGA Robotics Executive Vice President, said Mobo’s spatial perception, interaction, execution, decision-making, and cognition layers form a perception-decision-execution-feedback loop. Spatial memory enables object retrieval, while social navigation recognizes pedestrian paths and interaction zones. Multimodal technologies coordinate language, facial expressions, and movement for natural interaction.

Beyond home use, Mobo shows strong potential in professional settings—from customer service to logistics—supporting AiMOGA’s vision of integrating robotics into everyday workflows.

Since its debut in August 2026, Mobo has attracted over 10,000 prospective users. Thirty-five were selected as Global User Experience Officers, receiving one year of complimentary use to help shape future improvements.

At the event, Guibin Zhang, AiMOGA Robotics General Manager, outlined strategies in R&D, cost optimization, sales and leasing. The “Platform Institute + Scenario Institute” model drives validation for bipedal, quadruped, and wheeled robots. Plans include 300 global experience centers and “Jia Tian Xia”, a robot leasing brand launching in Wuhu. Leveraging Chery’s manufacturing and platform resources enhances cost efficiency and scalability.

Notably, AiMOGA’s impact in Malaysia is amplified through strategic collaboration with sister brands Chery, OMODA & JAECOO, iCAUR, and LEPAS. Their partnership extends far beyond vehicle showrooms and daily operations—jointly developing integrated smart ecosystems that span mobility, retail, smart offices, and connected living.

As part of a global rollout with over 3,000 units deployed across 60+ markets, this initiative aims to bring intelligent, accessible robotics to more Malaysian families and businesses—enhancing productivity, convenience, and quality of life.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aimoga-launches-global-robot-innovation-mobo-debuts-from-wuhu-empowering-homes-and-businesses-302917658.html

SOURCE AiMOGA Robotics

Continue Reading

Trending