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KTJV, a KBR Joint Venture, Selected for Transformative Lake Charles LNG Project

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HOUSTON, Sept. 19, 2024 /PRNewswire/ — KBR (NYSE: KBR) announced today that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.

Under the terms of the agreement, KTJV will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services, subject to Lake Charles LNG’s decision to issue a notice to proceed for the project.

The project would transform Energy Transfer’s existing import facility into a world-class LNG export facility to meet the world’s growing LNG and energy security demands. This conversion would include the delivery of three liquefaction trains and modifications to existing storage and dock facilities designed to enable the export of 16.45 metric tons per annum of LNG.

“KBR is proud to work with Energy Transfer and Lake Charles LNG to support the development of this world-class LNG facility alongside our joint venture partner,” said Stuart Bradie, KBR President and CEO. “Lake Charles LNG will help bolster global energy security and it will be designed to be one of the most efficient and cleanest operating facilities in the United States. Lake Charles LNG is yet another example of how we are committed to helping our clients accomplish their business objectives in line with our strategy and lower-risk business model.”

“Lake Charles LNG is pleased to obtain the commitment of two world-class companies to be the engineering, procurement and construction contractor for our liquefaction project,” Tom Mason, President of Lake Charles LNG. “The structure of the contract provides alignment between KTJV and Lake Charles LNG to achieve a high-quality, cost-effective project. Our determination to issue a notice to proceed under the contract will be subject to our making a final investment decision to proceed with the project, which will be based upon obtaining commercial offtake commitments and third-part equity sufficient to satisfy our internal objectives. We believe that our alignment with KTJV is one more positive step in our continuing progress on the project.”

KBR has nearly 50 years of experience designing, developing and supporting LNG facilities. This deep domain knowledge, combined with our JV partners’ expertise, makes KTJV ideally suited to support this crucial project.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 people performing diverse, complex and mission-critical roles in 33 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding our strategy, business risks, project outcomes, costs, design performance and Energy Transfer’s potential issuance of a notice to proceed, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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SOURCE KBR, Inc.

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Most Robots Still Aren’t Insured. YAS and Robolist Are Changing That.

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YAS and Robolist.ai partner to bring a free Risk Score and a path to insurance to robotics companies, giving firms, investors, and buyers a safer, more transparent foundation for an industry entering mass production

HONG KONG, Nov. 4, 2026 /PRNewswire/ — Artificial intelligence’s next phase is getting a body. Humanoid robot shipments are up sharply in 2026, with global shipments reaching roughly 30,000 units in the first half of the year alone, nearly 300% higher than a year earlier. But humanoids are only the headline category. Robolist.ai (“Robolist”), an independent market intelligence layer for robotics used by investors worldwide, tracks more than 4,200 robots from over 1,300 manufacturers across categories including industrial arms, warehouse AMRs, cobots, commercial cleaning, delivery, hospitality, and home robots, and growth is accelerating across nearly all of them.

Across every one of those categories, most of what is shipping today carries no insurance. YAS, a data risk intelligence platform that helps insurers underwrite EV, robotaxi, and now robotics risk, today announced a strategic partnership with Robolist to close that gap — starting with a free Risk Score for the companies Robolist already ranks, and a path to coverage for those who want one.

Putting safety first, for an industry still finding its footing

Robotics is moving from pilots to mass production, and that shift changes who is exposed and what’s at stake. YAS and Robolist both see the same underlying problem: an industry growing faster than the risk infrastructure built to support it. Pairing YAS’s risk intelligence with Robolist’s independent market data gives the industry one more layer of transparency, a shared, safety-first foundation that the companies believe is necessary for robotics to grow into a trusted, durable category rather than a fast-moving one with uneven guardrails.

What it means for robotics firms

Every manufacturer listed on Robolist is already independently ranked. Starting with this partnership, any of them can also request a free Risk Score, built with YAS, covering their systems across whichever category they operate in, not just humanoid. A strong, transparent risk profile is becoming a competitive advantage in its own right, a signal to enterprise buyers and partners that a company takes safety seriously. There is no cost to check it and no obligation attached.

What it means for investors

Robolist’s independent data has always given investors a clear picture of what a company has actually raised and shipped. Adding YAS’s Risk Score introduces a second, forward-looking signal: a working estimate of operational risk exposure, sitting alongside funding and deployment evidence. Together, the two offer a more complete basis for diligence, and support the kind of informed, patient capital that helps the category grow in a healthy, sustainable way rather than on hype alone.

What it means for buyers

Enterprises deciding whether to deploy a robot fleet have historically had almost no independent way to compare risk across vendors. The Risk Score gives buyers a transparent reference point alongside Robolist’s existing rankings, and a direct route to insurance for the deployments they choose to move forward with, so adoption decisions can be made with more confidence and less guesswork.

Status

The partnership is in its exploratory phase under a signed Memorandum of Understanding, beginning with Hong Kong, with other markets under consideration as it develops. The Risk Score is an indicative analytical tool, not a safety certification or a guarantee of coverage; insurance, where available, is issued by licensed carriers.

Quotes

“Robotics is scaling faster than the risk infrastructure around it. You can’t insure what you can’t measure — so we start by measuring. A free Risk Score, built on live operating data, gives every robotics company a transparent read on their exposure and, when they want it, a path to coverage. That’s how a fast-moving category becomes a durable one.”— Andy Ann, Founder, YAS

“We built Robolist as an independent market intelligence layer for robotics. Partnering with YAS deepens that layer. There’s a lot of natural overlap between what we do. Robotics insurance is a long-term project that benefits everyone in the industry, and it matters more now that the category is moving into mass production. Part of that is simply caring about what happens to the people and businesses actually using these machines.” — Matthew Cheung, Co-founder, Robolist.ai

About YAS

YAS is a Hong Kong-based risk intelligence platform for the machine economy, turning live operating data from vehicles, fleets, and robots into real-time risk scores used by licensed insurers to underwrite fairer, faster coverage. YAS works with insurance carrier partners across robotics and humanoids, EV and commercial fleets, with autonomous vehicles next.

About Robolist.ai

Robolist.ai is an independent market intelligence layer for robotics, used by investors to track what manufacturers actually raise, ship, and deploy. Robolist tracks more than 4,200 robots from over 1,300 manufacturers across categories from humanoids and industrial arms to cleaning, delivery, and home robots.

Learn more

Manufacturers can claim their profile and request a free Risk Score, and investors and buyers can explore the data, at robolist.ai. To learn more about YAS’s risk intelligence platform, visit yas.io.

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SOURCE YAS

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UN Global Compact Convenes Latin American Leaders in Montevideo and Launches CEO-led Coalition

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MONTEVIDEO, Uruguay, Nov. 4, 2026 /PRNewswire/ — The United Nations Global Compact today convened its second Latin America and the Caribbean Leaders Forum in Montevideo, Uruguay, bringing together more than 300 leaders from business, government, finance, the UN and academia to accelerate collective action on sustainable development and showcase how Latin America and the Caribbean is delivering innovative, scalable solutions to global challenges.

Held today under the theme “From Ambition to Action: Latin America and the Caribbean Leading Global Sustainable Solutions,” the Forum builds on the inaugural regional gathering held in Paraguay in 2024. The United Nations Global Compact — together with its eleven Country Networks in the region: Argentina, Brazil, Bolivia, Chile, Colombia, Caribbean, Guatemala, Mexico, Paraguay, Peru and Uruguay and the team in Ecuador — convened the forum to provide a platform for regional dialogue, cross-border collaboration and practical solutions to some of the most pressing challenges facing businesses and societies across Latin America and the Caribbean.

Discussions at the Forum addressed the region’s evolving role in a rapidly changing global landscape, shaped by geopolitical shifts, technological transformation, climate risks and changing global value chains. Through high-level dialogues, leaders explored how Latin America and the Caribbean can leverage its natural resources, innovation and business leadership to strengthen competitiveness and resilience while advancing sustainable development. Key topics included responsible artificial intelligence, sustainable finance and investment, supply chain resilience, climate action, business integrity and inclusive economic growth, with a focus on translating sustainability commitments into tangible business, social and environmental outcomes.

The gathering also marks an important moment for the UN Global Compact’s growing regional engagement. Latin America and the Caribbean is its second-largest region by participation, with more than 4,300 participating companies, nearly 60 per cent of them small and medium-sized enterprises.

UN Assistant Secretary-General and Executive Director of the UN Global Compact, Sanda Ojiambo, joined regional business leaders and senior representatives at the Forum, underscoring the importance of private sector leadership and cross-border cooperation in addressing shared challenges and advancing sustainable development.

As a key milestone of the Forum, the UN Global Compact announced the launch of the Latin America Business Leaders Coalition (LBLC), a new CEO-led regional platform bringing together a select group of leading business executives to address shared challenges, advance regional competitiveness and prosperity, and amplify Latin America’s private sector voice on the global stage. At a pivotal moment for the region, the Coalition aims to strengthen Latin America’s influence in shaping global priorities, while positioning the region’s business community as a strategic partner in multilateral dialogue.

“Responsible business is resilient business. Latin America and the Caribbean has the resources, talent and entrepreneurial energy the world economy needs. Together we are harnessing these attributes to build a robust platform for business leaders to act together across borders,” said Sanda Ojiambo, UN Assistant Secretary-General and Executive Director of the UN Global Compact. “This Coalition changes that. It brings CEOs together to tackle shared challenges and give Latin American business a stronger voice on the global stage.”

Designed to move beyond dialogue, LBLC will enable CEOs to define shared priorities, mobilize their organizations, and translate collective commitments into coordinated action and measurable results. The Coalition is convened by the UN Global Compact, with support from Boston Consulting Group, and builds on the experience of the Africa Business Leaders Coalition, which brings together 75 leading companies operating across 52 African countries and has advanced collective action on climate, gender and intra-African trade.

Founding companies include Grupo AJE (Peru), Motiva (Brazil), Natura (Brazil), Softtek (Mexico), LATAM Airlines (Chile), UNACEM (Peru), Grupo Sancor Seguros (Argentina) and Grupo Mariposa (Guatemala).

The Forum also marked the publication of From Commitment to Action: Business Cases from Latin America and the Caribbean, a collection of practical examples showcasing how companies across the region are translating sustainability commitments into measurable business, social and environmental outcomes, released in Spanish, Portuguese and English to ensure broad accessibility. The publication demonstrates how integrating sustainability into business strategies and operations can reduce costs, manage risks, improve working conditions and unlock new commercial opportunities. These examples highlight the business value of sustainability and offer practical insights to inspire further action across Latin America and the Caribbean.

Notes to Editors

About the Latin America Business Leaders Coalition
The Latin America Business Leaders Coalition (LBLC) is a CEO-led initiative convened by the United Nations Global Compact, with support from Boston Consulting Group. Launched in Montevideo on 3 November 2026, it brings together business leaders from across Latin America to advance shared priorities, strengthen regional cooperation and amplify the region’s business voice globally.

About the United Nations Global Compact
As a special initiative of the United Nations Secretary-General, the UN Global Compact is a call to companies worldwide to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our vision is clear: to mobilize business to transform sustainability ambition into action at the scale the world demands. With more than 25,000 participants and a presence in over 100 countries through 5 Regional Hubs and more than 70 Country Networks and expansion territories, the UN Global Compact is the world’s largest corporate sustainability initiative. For more information, follow @globalcompact on social media and visit the UN Global Compact website.

SOURCE United Nations Global Compact

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Fractal delivers its first ever $100 million revenue quarter, reports EBITDA growth of 71% YoY

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Fractal Q2 Net Income Jumps 139% on revenue growth of 20%

NEW YORK, Nov. 4, 2026 /PRNewswire/ — Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL), an enterprise AI company that builds its own AI models, platforms and products for Fortune 500® organizations, announced its consolidated financial results for Q2 FY27, ending September 30, 2026.

In Q2 FY27, the Company reported consolidated operating revenue of INR 9,565 m, a growth of 20% year on year (YoY) and 10% in constant currency terms YoY. Revenue growth was led by the company’s Healthcare and Life Sciences (HLS) industry, which clocked 79% growth YoY. Banking, Financial Services and Insurance (BFSI) also performed very well, growing 30% YoY in Q2 and the company has delivered strong sustained growth in HLS and BFSI over the last several quarters. Fractal’s largest industry vertical, Consumer Packaged Goods and Retail (CPGR), grew 11% YoY. TMT saw strong sequential recovery with 6% QoQ growth. Fractal’s products, including the Cogentiq agentic AI platform, reached an annual revenue run-rate of over INR 1,500 m, up 39% YoY.

Fractal’s focus on deepening customer relationships continues to yield good outcomes. Its clients collectively increased their spending with the company, as reflected in the Net Revenue Retention1 of 115% in Q2. Further, its Net Promoter Score (NPS) during the period stood at 76.

The company reported improved profit margins at all levels. Adjusted EBITDA Margin expanded by 123 bps2 YoY to 16%. Net Income grew 139% YoY to INR 792 m.

Commenting on the performance, Srikanth Velamakanni, Co-founder and Group CEO of Fractal said:
“AI models are getting more capable every week and cheaper every quarter. Within the next few quarters, we will cross a threshold where it becomes irresponsible and downright risky for companies to leave their most important decisions unchanged. We are building Fractal for that moment, and this quarter shows it: revenue crossed $100 million and net income more than doubled.”

About Fractal 

Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) is an enterprise AI company with a vision to power every human decision in the enterprise. Fractal builds AI models, platforms and products, and engineers them into the critical decisions of Fortune 500® organizations. Fractal’s strategy is focused on three pillars: AIT, which rebuilds business workflows and decisions with AI; AIF, which builds the trusted, governed data and knowledge layer that enterprise AI reasons with; and AIW, which helps organizations redesign work, develop AI-ready talent, and build the capabilities needed for the AI-native enterprise. All three pillars are powered by Cogentiq, Fractal’s flagship agentic AI platform.

With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal partners with business leaders to drive competitive differentiation for their organizations by embedding AI into critical decisions across business functions and industry verticals.

Fractal invests more than 6% of its revenue in AI R&D, and its research team builds its own models, including the Fathom reasoning models. Fractal was selected under the IndiaAI Mission to build a large reasoning model for India. Its models and products include Vaidya.ai, whose Vaidya 2.0 model was the first to score above 50 on OpenAI’s HealthBench (hard), and PiEvolve. Fractal also incubated and spun out Qure.ai, a global healthcare AI leader focused on the rapid identification and management of tuberculosis, lung cancer, and stroke. Fractal’s businesses also include Asper.ai (a Revenue Growth Management product for CPG companies) and Analytics Vidhya (an Ed-tech platform).

For more information, go to www.fractal.ai.

1 Net Revenue Retention in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period’s revenue from the clients who existed at the start of the period, with their revenue in the previous period – including the effects of upsells, cross-sells and contractions

2 Basis points = 1/100th of 1%

 

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