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JMA receives $44 million in federal funding to boost state-of-the-art 5G manufacturing facility in Syracuse

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SCHUMER ANNOUNCES NEARLY $44 MILLION FOR SYRACUSE’S JMA WIRELESS FROM HIS BIPARTISAN CHIPS & SCIENCE LAW TO PIONEER NEW STATE-OF-THE-ART AMERICAN-MADE 5G TECHNOLOGY, CREATING NEW, GOOD-PAYING JOBS, & NEW PRODUCTION IN CENTRAL NY

JMA’s CNY Facility Is The Only Major American-Owned 5G Manufacturing Factory; The Smart Factory Complies With “Buy America” Standards Schumer Included In The Bipartisan Infrastructure Investment & Jobs Law To Expand American Manufacturing Of Telecom Technology

Now, With Support From Wireless Innovation Fund Schumer Created In Bipartisan CHIPS & Science Law, JMA Will Invest A Total $75+ Million In CNY To Create Dozens Of New, Good-Paying Jobs With A New Production Line To Enhance 5G Networks At Leading Wireless Carriers Like AT&T, Verizon, Boost, And More

Schumer: Thanks To CHIPS & Science, JMA Wireless Will Make Central NY An Epicenter Of Keeping America Ahead Of China In 5G.

SYRACUSE, N.Y., Dec. 13, 2024 /PRNewswire/ — U.S. Senate Majority Leader Chuck Schumer today announced $43,940,612 in federal funding from his bipartisan CHIPS & Science Law for JMA Wireless to pioneer the domestic manufacturing of 5G Open Radio Access Network (O-RAN)-compliant radio units (RU), and upgrade its state-of-the-art 5G manufacturing facilities in Central NY.

This award will support JMA to further invest $30 million in private capital, creating up to 30 new, good-paying jobs, with the potential for more down the road, to develop and commercialize new technology accelerating America’s wireless and 5G network capabilities. Schumer said this new production will help maintain America’s 5G leadership, which is critical to support advanced high-speed internet and the ability to directly compete with the Chinese Communist Party and companies like Huawei and ZTE, which the senator has long warned threaten U.S. national security.

“We need the future of America’s 5G technology built in Central NY, not China. Now thanks to my bipartisan CHIPS & Science Law, nearly $44 million in federal funding is on the way to make Syracuse’s JMA Wireless an epicenter for American innovation and manufacturing for the next generation of 5G wireless technology,” said Senator Schumer. “I’ve long sounded the alarm on companies backed by the Chinese Communist Party, like Huawei, and the threat their technology possess to our national security and economic primacy by stealing American’s personal data. Investments like this show the federal government is serious about taking back the reigns on critical technology like 5G and making sure the future of broadband and wireless technology is stamped ‘Made in America’ with JMA leading the way.”

Schumer added, “Today’s investment works in tandem with the new Buy America requirements for telecom technology I delivered through the Bipartisan Infrastructure & Jobs Law, boosting opportunities for Syracuse’s JMA to manufacture the equipment needed for building new high-speed internet across the country. Because of these efforts, JMA is bringing back this industry & good-paying jobs from overseas and ensuring the future of America’s high-speed network is secure and developed right here in Central NY.”

“The future of global security and economic leadership hinges on our ability to control and protect the next generation of wireless technology. No one understands this better than Leader Schumer. While this was bipartisan legislation, he was there at the beginning – advocating for secure, American-made 5G solutions that not only strengthen our supply chain but also put a critical check on adversaries like China. With this Wireless Innovation Fund grant, we’re bringing high-tech manufacturing jobs to upstate New York and accelerating the deployment of ORAN technology that will secure the U.S. position as a leader in wireless for years to come,” said John Mezzalingua, CEO of JMA Wireless.

Schumer explained that, currently, 5G wireless network coverage at major carriers like AT&T, Verizon, and Boost are capped by the limitations of commercially available radio technology, and JMA’s ARMOR platform will provide carriers with a next-generation solution to overcome existing limitations, increase their high-speed network capacity, and bring high-quality 5G coverage to communities across Central New York, New York State, and the entire U.S. The senator added that JMA will combine this nearly $44 million in new federal funding with more than $30 million of matching private investment to inject $75 million into growing their CNY manufacturing and workforce.

According to JMA, the investment will create up to 30 new, good-paying jobs initially to develop the technology and ramp to full production – with the potential for significant demand from major wireless carriers to drive the addition of more new manufacturing jobs in the years to come. In addition to accelerating JMA’s leadership in 5G open radio access network (ORAN) technology, reshoring critical domestic manufacturing, and strengthening our national security, Schumer said this investment will allow JMA to centralize and co-locate their testing capabilities and advanced manufacturing process prototype at their new, state-of-the-art 5G Innovation Campus and Global HQ in CNY where the company projects to produce and sell more than 12,000 state-of-the-art 5G ORAN radios per year.

The U.S. Department of Commerce’s Wireless Innovation Fund, funded by the bipartisan CHIPS & Science Law Schumer led to passage in the Senate, is dedicated to fostering U.S. wireless innovation and developing strong wireless networks across the country. The CHIPS & Science Law invested $1.5 billion for this program to reinforce U.S. leadership in the next generation of high-speed internet, foster competition, and strengthen U.S. supply chains. JMA is currently building a new ARMOR (American, Ruggedized, Modular, O-RAN, Radio) platform to improve operational efficiency and lower costs for 5G infrastructure across the country. This will increase capacity while lowering costs and reducing deployment time for 5G infrastructure, making wireless service more accessible.

JMA Wireless is ensuring the future of wireless networks is being powered in Central NY! I’ve long supported JMA’s effort to reinforce American leadership in 5G wireless, and I’m proud that nearly $44 million in federal funding from my CHIPS & Science Law is going to help JMA boost its state-of-the-art manufacturing facility in Syracuse.

Syracuse Mayor Walsh said, “JMA Wireless’s leadership in 5G technology has and will continue to advance the Syracuse Surge, our strategy for inclusive growth in the New Economy. Thanks to the CHIPS & Science Law and the strong support of Senator Schumer, Syracuse is emerging as a global leader in technology manufacturing and innovation.”

“This Wireless Innovation Fund Grant is a critical step toward ensuring that the U.S. is at the forefront of global 5G innovation. By investing in companies like JMA, the US is creating a safer, more resilient supply chain while providing the tools our country and infrastructure need to remain competitive. JMA’s work, along with key partnerships from U.S. carriers, will drive forward the innovation that keeps America secure,” said Diane Rinaldo, Executive Director of the ORAN Alliance.

Schumer explained that he worked to include the Build America, Buy America Act in the Bipartisan Infrastructure & Jobs Law to ensure that Buy America rules apply to all taxpayer-funded infrastructure and public works projects. Before, American-made sourcing requirements applied to some federal infrastructure projects, but not all, including federal broadband programs. Schumer said that the Bipartisan Infrastructure Investment & Jobs Law closed these loopholes and ensures taxpayer dollars are used to sustain and grow jobs in domestic manufacturing and throughout product supply chains when investing in the nation’s infrastructure.

Schumer said JMA Wireless – and its over 500 employees – received a boost from Build America, Buy America for high-speed internet expansion in the Bipartisan Infrastructure Investment & Jobs Law. Schumer said JMA Wireless, which has invested over $400 million in RAN R&D, facilities, and manufacturing capacity since 2017, is working hard to restore U.S. leadership in cutting-edge wireless technology at a critical time in the transition to 5G by producing some of the world’s most advanced wireless broadband products right in Syracuse. By harnessing funds from the Bipartisan Infrastructure Investment & Jobs Law and the “Build America, Buy America” requirement, the radios and antennas made at JMA’s new Syracuse factory are supplying efforts to help bridge the digital divide while also creating high-tech manufacturing jobs in Central New York.

The Bipartisan Infrastructure Investment & Jobs Law, which Schumer led to passage in the Senate, contained a record $65 billion for the expansion of high-speed internet, including $42.45 billion for broadband deployment grants to states which New York received over $600 million, $2.75 billion for Digital Equity and Inclusion, $2 billion for the Tribal Connectivity Fund and $1 billion for Middle Mile Broadband infrastructure – all of which will be distributed by the Department of Commerce’s National Telecommunications and Information Administration (NTIA).

Schumer explained investing in American telecommunications companies like JMA Wireless is especially important amid fears that foreign-owned telecommunications companies, particularly Chinese state-owned ones, could spy on Americans. Schumer has long been critical of the Chinese state-owned telecommunications company Huawei, successfully fighting to put Huawei and its affiliates on the U.S. Department of Treasury’s Specially Designated Nationals list and introducing a bill to prohibit Huawei from operating in the U.S. The senator explained that by boosting companies like JMA, more American-made telecommunications equipment will be made available, reducing reliance on foreign-made technology, as well as helping make JMA a global leader.

Media Contact:
John Puskar
jpuskar@jmawireless.com

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SOURCE JMA Wireless

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Aker Solutions receives letter of award for engineering scope on the Maydan Mahzam project in Qatar

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November 5, 2026

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OSLO, Norway, Nov. 5, 2026 /PRNewswire/ —  Aker Solutions has received a letter of award (LOA) from PTSC Mechanical and Construction Limited Company (PTSC M&C) for a sizeable1 contract for detail design work related to the redevelopment of the Maydan Mahzam oil field offshore Qatar.

The work will be executed by Aker Solutions’ engineering teams in Kuala Lumpur, Malaysia, and Mumbai, India.

The Maydan Mahzam oil field is located about 100 kilometres (km) northeast of the Qatari coastline and 28 km southeast of Halul Island, in water depths of about 40 metres. The oil field, along with the nearby Bul Hanine field, was discovered in the 1960s and has been in production since 1965. Operator QatarEnergy is now planning a major redevelopment project to upgrade and extend the operational life of the field. PTSC M&C has been selected by QatarEnergy for a key package in the redevelopment program.

Aker Solutions will provide detail design services for several offshore installations under PTSC M&C ‘s project scope, including three major topsides, four jackets and brownfield tie-in.

“This award reflects the strength of our engineering organization and our long track record of delivering complex offshore projects. Our team in Kuala Lumpur brings extensive offshore oil and gas experience, complemented by the capabilities of our office in Mumbai and the wider Aker Solutions organization. Together, we look forward to supporting the successful execution of the Maydan Mahzam project,” said Guro Rausand, Executive Vice President of New Build at Aker Solutions.

The LOA is subject to the signing of the final contract. Upon signing, Aker Solutions expects to book a sizeable1 order intake in the fourth quarter of 2026 in the Renewables and Field Development segment.

1Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and NOK 1.5 billion. 

CONTACT: 

Preben Ørbeck
investor relations
preben.orbeck@akersolutions.com 
+47 470 10 611

Odd Naustdal
media contact
odd.naustdal@akersolutions.com 
+47 905 76 079

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

https://news.cision.com/aker-solutions-asa/r/aker-solutions-receives-letter-of-award-for-engineering-scope-on-the-maydan-mahzam-project-in-qatar,c4420299

 

 

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SOURCE Aker Solutions ASA

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Cathay United Bank Ho Chi Minh City Branch Wins Bronze Stevie Award, Advancing Digital Lending Innovation in Vietnam

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November 5, 2026

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Building on its award-winning digital innovation, CUBHCM continues to enhance the customer journey with “View Your Offers”

HO CHI MINH CITY, Vietnam, Nov. 5, 2026 /PRNewswire/ — Cathay United Bank Ho Chi Minh City Branch (CUBHCM) has been named a Bronze Stevie Award winner in the Financial Services/Banking category at the 23rd Annual International Business Awards, recognizing the success of its innovative digital lending platform, the CUB Vietnam App. The app was also the only Vietnam-based winner in the App Categories of this year’s awards, highlighting CUBHCM’s continued efforts to leverage digital innovation and deliver a more convenient, secure and responsible financial services.

“This award reflects our commitment to developing financial solutions around the everyday needs of our customers,” said Keng Yang Lin, General Manager of Cathay United Bank Ho Chi Minh City Branch. “Since launching the CUB Vietnam App, we have continued to enhance the digital lending experience by making access to credit simpler, more transparent, and more convenient. Building on this progress, we introduced ‘View Your Offers’ in August this year to help customers better understand their potential credit options before formally applying for a loan.”

Launched in 2024, the CUB Vietnam App enables customers to complete the entire lending journey digitally, from identity verification and application to credit assessment, approval, and disbursement. Since its launch, up to October 2026, the platform has attracted more than 1.3 million registered users and surpassed 9.6 million downloads, demonstrating strong demand for convenient digital financial services in Vietnam.

A key feature of the app is its revolving credit model, which allows eligible customers to apply once and access an approved credit line multiple times for up to five years. Customers can obtain credit limits of up to VND 40 million, with the entire process completed online. The platform also integrates eKYC, automated credit assessment, NFC-enabled identity verification, and advanced security technologies to provide a secure and seamless borrowing experience.

Building on its digital lending capabilities, CUBHCM introduced “View Your Offers” in August 2026. The pre-screening feature allows prospective customers to check their estimated credit limit before formally applying for a loan. Without downloading the app or uploading documents at the initial stage, users can provide basic information and receive a preliminary credit offer in approximately two minutes. Those who wish to proceed can seamlessly continue their application through the CUB Vietnam App, providing greater transparency and convenience throughout the borrowing journey.

The Bronze Stevie Award adds to a series of international recognitions for the CUB Vietnam App in 2026. The platform was also named “Best Consumer Lending Technology in Vietnam” at The Asian Banker Financial Technology Innovation Vietnam Awards 2026 and received the “Customer Experience Solution Award – Vietnam” at the Asian Banking & Finance Fintech Awards 2026.Together, these recognitions demonstrate CUBHCM’s continued progress in digital innovation and customer experience.

With 21 years of operations in Vietnam, the country remains a cornerstone of Cathay United Bank’s “Second Home” strategy. Drawing on its deep local market experience and the financial and technological capabilities of Cathay Financial Holdings, CUBHCM will continue to advance digital innovation and financial inclusion, delivering responsible and customer-centric financial solutions that support Vietnam’s long-term economic development.

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SOURCE Cathay United Bank

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Pudu Robotics Unveils “One Brain, Multiple Embodiments” Strategy and Showcases Full Portfolio in European First

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November 5, 2026

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Global commercial robotics leader showcased six product lines together for the first time at its 2026 European Partner Summit in Amsterdam.

AMSTERDAM, Nov. 5, 2026 /PRNewswire/ — Pudu Robotics, a global leader in commercial robotics, yesterday set out the next phase of its global strategy in Amsterdam at its first European Partner Summit. At the event, which was themed “AI in Action: Scaling Impact Across Europe—Together,” Pudu unveiled its “One Brain, Multiple Embodiments” strategy along with its full product ecosystem spanning six product lines for the very first time.

“The next stage of growth will depend not only on advancing robot capabilities, but also on making robots easier to deploy, more adaptable and commercially viable at scale,” said Felix Zhang, founder and CEO of Pudu Robotics. “With our ‘One Brain, Multiple Embodiments’ strategy, we are building a shared technological foundation across different robot forms—from specialized service robots to semi-humanoid and humanoid robots. By combining reusable AI capabilities with purpose-built hardware, we aim to accelerate innovation, improve development efficiency and bring robotics into more real-world applications.”

Unveiling the Robotics Portfolio Under the “One Brain, Multiple Embodiments” Strategy

At the summit, Pudu debuted its full product ecosystem, guided by its “One Brain, Multiple Embodiments” strategy and spanning six product lines: service delivery, commercial cleaning, industrial delivery, general embodied AI, commercial lawn mowing and home lawn care. The home lawn care line includes the PUDU TOMO S Series, the company’s first consumer robotics product, announced on November 3. The debut of Pudu’s full product ecosystem marks the company’s expansion into a broader range of application scenarios, from indoor to outdoor environments and from commercial to home use.

“Under our ‘One Brain, Multiple Embodiments’ strategy, we will continue to invest in foundational technologies, including hardware, operating systems and embodied foundation models,” said Zhang.

At the core of the “One Brain, Multiple Embodiments” strategy is a shared technological architecture designed to support different robot forms. Built on Pudu’s proprietary technologies, including PuduFM, an Embodied Foundation Model, and PuduAgent OS, an Embodied AI Agent Platform, the architecture enables reusable AI capabilities, software modules and skills across different robotic platforms, while allowing hardware and motion-control systems to remain optimized for specific tasks. By sharing these underlying technologies across different robot forms, the strategy helps reduce R&D and deployment cycles and costs, bringing robotics into more industries and making adoption more practical for customers.

Strong Presence in Europe: 60% Annual growth, Footprint in 20+ Countries

The Pudu Robotics 2026 European Partner Summit marks the company’s first large-scale strategic brand event in Europe. Pudu chose Amsterdam to unveil its global “One Brain, Multiple Embodiments” strategy, reflecting Europe’s importance as a key market for the company’s next phase of strategic growth.

Pudu operates across more than 20 European countries including Germany, Austria, Switzerland, France, the Netherlands, Norway, the United Kingdom, Spain, Italy, the Czech Republic and Poland. The company serves customers across a range of European industries including retail, food and beverage, hospitality, healthcare and transportation, such as EDEKA, Albert Heijn, Carrefour, Denner, Marriott, Van der Valk, Pizza Hut and Intermarché, as well as Paris Charles de Gaulle Airport.

This footprint has been accompanied by strong business growth. Over the past two years, Pudu’s revenue in Europe has grown by an average of more than 60% annually, reflecting the strong momentum of its business across the region.

Pudu is also strengthening its local presence to support its continued expansion. On October 30, the company announced the establishment of its European headquarters in Germany. The multifunctional regional hub brings together offices, a showroom, warehousing, training, sales, after-sales support and repair services, strengthening Pudu’s ability to provide localized support, improve service responsiveness and work more closely with distributors and customers across Europe.

Expanding Pudu Robotics Across Every Scenario

Today, Pudu’s technologies serve 16 industries and more than 900 application scenarios, reflecting the breadth of environments in which its robotics solutions are being applied. Pudu’s full product portfolio was showcased at the summit, demonstrating the full-scenario range of Pudu’s innovative use cases. Among the robots on show were:

BellaBot Pro – An upgraded delivery and interactive service robot featuring multimodal interaction, enhanced mobility and Omni-Sense safety. With a 65 cm path clearance, it is designed to navigate tight and complex commercial environments while delivering an engaging service experience.PUDU CC1 Pro – An AI-powered 4-in-1 commercial cleaning robot that integrates sweeping, scrubbing, vacuuming and dust mopping. Its AI capabilities include real-time cleaning performance detection and targeted spot cleaning, helping deliver more precise and efficient cleaning operations.PUDU MP2000 – An AI-native autonomous pallet handling robot with a 2,000 kg payload capacity. Featuring AI load-carrier recognition, adaptive fork alignment and 20-second fork insertion, it is designed to simplify pallet transport across manufacturing, warehousing and logistics environments.PUDU D5, D7 and D9 – Pudu’s general embodied AI portfolio spanning quadruped, semi-humanoid and humanoid robots. Combining embodied mobility, perception and manipulation capabilities, the portfolio reflects Pudu’s approach to advancing embodied intelligence across different robot forms.PUDU GT Series – A three-model lineup of commercial robotic mowers—GT3, GT5 and GT7—designed for professional grounds and turf management. With purpose-built mowing and collection systems, the series addresses the distinct needs of commercial properties, large turf areas and golf courses or professional sports fields.PUDU TOMO S Series – Pudu’s first consumer robotics product, bringing intelligent lawn care into the home. Featuring the proprietary SharpLoop™ Self-Sharpening System, TOMO S is designed to maintain blade sharpness automatically, supporting convenient and consistent lawn maintenance.

Looking Ahead: Innovating to Build Robots for Europe

Whether through its “One Brain, Multiple Embodiments” strategy or its product ecosystem spanning a full range of application scenarios, Pudu’s goal remains the same: to use AI and robotics to improve the productivity and well-being of human society.

“We want Europe to be among the first markets where this strategy is put into practice,” said Bella Sun, Vice President and General Manager for Europe at Pudu Robotics. “This means not only bringing Pudu’s most advanced technologies and best talent to Europe, but also working more closely with our customers, distributors and other partners across the region to translate advances in robotics into practical value for commercial and household scenarios.”

About Pudu Robotics

Pudu Robotics is a global commercial robotics leader dedicated to empowering easier work and better lives through AI and robotics, with a vision of building a global intelligent robotics infrastructure serving 10 billion people worldwide.

Pudu develops robotic solutions across commercial and home robotics, with a portfolio spanning service delivery, commercial cleaning, industrial delivery, general embodied AI, commercial grounds care, and consumer lawn care.

With over 130,000 robots shipped and a presence in more than 85 countries and regions, Pudu serves customers across diverse industries, including retail, hospitality, manufacturing, healthcare, real estate and property services, education, entertainment and sport, and public services.

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