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Monarch Tractor Announces Establishment of Monarch Tractor Europe N.V.

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Official launch of new legal entity positions Monarch Tractor for sales in the European market.  

LIVERMORE, Calif. and ANTWERP, Belgium, Dec. 19, 2024 /PRNewswire/ — Building on the successful introduction of its MK-V electric tractor and having established itself as the leading electric, autonomous, and data-driven off-road manufacturer in the specialty and compact tractor market, Monarch Tractor is pleased to announce the establishment of Monarch Tractor Europe, N.V.  

Poised for growth across Europe

“This milestone reflects our long-term engagement to serve the European market with a portfolio of solutions.”

Recognized by Forbes in 2023 as one of the top 25 U.S. startups it believes will achieve a $1 billion valuation, Monarch has continued expanding its U.S. sales and dealer network across the U.S., into Canada, and now Europe. In addition to late-stage beta testing fully autonomous operations across several ag markets, Monarch is developing more opportunities for OE licensing collaborations and cementing itself as an energy and data platform.  

“With Monarch’s ongoing strategic growth journey, the expansion to Europe is a logical next step with planned local manufacturing, an R&D hub, a digital center of excellence, and its EU headquarters in Flanders, Belgium,” says Monarch Tractor CEO and co-founder, Praveen Penmetsa.  

Monarch Tractor Europe, N.V. is based in Antwerp, Belgium and serves as the business entity for all European operations. The European team is headed by Stéphane Jacobs who, in the role of Managing Director of Europe, will oversee a leadership team responsible for developing and deploying European market entry, growth, and strategy.  

“This milestone reflects our long-term engagement to serve the European market with a portfolio of solutions fulfilling the requirements of European farmers,” Jacobs says. “Enthusiastic feedback from visitors from our booth at EIMA [Bologna, Italy] and Vinitech-Sifel [Bordeaux, France] confirms that we are on a promising path.”  

By the end of the 2024 growing season, Monarch’s MK-Vs have amassed nearly 67,000 hours of usage and abated more than 2,000 tonnes of CO2e.  

About Monarch Tractor 

Monarch Tractor’s MK-V is the world’s first fully electric, driver-optional, smart tractor that combines electrification, automation, machine learning, and data analysis to enhance farmer’s existing operations, cut overhead costs, reduce emissions and increase labor productivity and safety. Monarch Tractor is committed to elevating farming and land management practices to enable clean, efficient, and economically viable solutions for today and the generations to come. Operating in more than five continents, Monarch Tractor serves vineyards, orchards, blueberries, dairy, and land management sectors. With cutting-edge technology and a global presence, Monarch is delivering meaningful change for the future of farming. For more information on Monarch Tractor, visit www.monarchtractor.com.    

Monarch Tractor Media Contact: 

Pearl Driver, pdriver@monarchtractor.com 

 

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SOURCE Monarch Tractor

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MAXHUB Showcases AI-Powered Collaboration and Display Solutions at InfoComm 2026

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LAS VEGAS, June 18, 2026 /PRNewswire/ — As MAXHUB takes part in InfoComm 2026, the trusted solution provider in integrated commercial display and unified communications is showcasing its latest innovations in AI-powered collaboration and professional display technology. The exhibition runs from June 17–19 at the Las Vegas Convention Center.

So, what can visitors experience at MAXHUB Booth C7036?

AI Meeting Experience in Action

At InfoComm 2026, MAXHUB is demonstrating its AI Meeting Experience on the XBoard V7, showcasing how AI can simplify hybrid collaboration through intelligent audio and video optimization, real-time transcription, AI-assisted meeting controls, and automated meeting summaries.

Visitors can explore AI-enhanced workflows designed to improve productivity before, during, and after meetings. Live meeting scenarios are simultaneously streamed to MAXHUB CMB Series commercial displays via NDI®, demonstrating seamless, low-latency content distribution across meeting and display environments.

Smarter Solutions for Modern Workspaces

Alongside its AI collaboration capabilities, MAXHUB is presenting a portfolio of solutions designed to create more connected, efficient, and scalable workplace experiences.

Highlights include the CMB Series commercial displays with built-in NDI® technology, the Pivot⁺ platform for centralized device and content management, and an expanded Microsoft Teams Rooms portfolio featuring the Scheduling Panel SP10, Mic Pod DM30, and Universal Console TCP33T.

Further underscoring MAXHUB’s commitment to innovation, the MAXHUB XBar W70 Kit was recognized with the SCN Installation Product Award for Most Innovative AI-Powered Product at InfoComm 2026.

Visitors can also explore the FA27 Series Indoor LED displays, the XBoard V7 collaboration board, and the WT15S wireless screen sharing dongle, providing flexible solutions for communication, collaboration, and content sharing across a variety of environments.

Global Leadership, Local Presence

MAXHUB holds the No.1 global market share in collaboration boards and all-in-one LED displays, according to Futuresource and TrendForce. Today, the company serves customers in more than 140 countries and supports them through local teams across 35 countries worldwide.

Visit MAXHUB at Booth C7036

Throughout InfoComm 2026, visitors can experience live demonstrations of MAXHUB’s latest collaboration and display technologies while connecting with solution specialists to explore workspace solutions tailored to their business needs.

For more information about MAXHUB, visit MAXHUB.com or stop by Booth C7036 during InfoComm 2026.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/maxhub-showcases-ai-powered-collaboration-and-display-solutions-at-infocomm-2026-302803968.html

SOURCE MAXHUB

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Shaw Investment A.P.A.C. and InCorp Singapore Strengthen China-Singapore-ASEAN Innovation Corridor to Support the Global Expansion of China’s Next Generation Technology Enterprises

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SINGAPORE, June 18, 2026 /PRNewswire/ — InCorp Singapore, An Ascentium Company, and Shaw Investment A.P.A.C. have entered into a strategic collaboration to support the internationalisation of high-potential Chinese technology companies, innovation-led enterprises and family offices through Singapore.

The collaboration forms part of Shaw Investment’s China–Singapore–ASEAN internationalisation platform, supporting qualified enterprises aligned with China’s 15th Five-Year Plan to establish regional headquarters, access capital and international markets, and expand through structured, compliant cross-border investment frameworks.

Priority sectors include artificial intelligence, advanced manufacturing, robotics, digital infrastructure, semiconductors, biotechnology, life sciences, green energy, smart mobility, enterprise software and other strategic emerging industries identified as key drivers of China’s future economic development.

Dr Ivan Lew, Executive Chairman of Shaw Investment A.P.A.C., said:

“China’s 15th Five-Year Plan places significant emphasis on technological innovation, advanced manufacturing, digital transformation, green development and the cultivation of globally competitive enterprises. As Chinese companies continue to move up the value chain, many will increasingly seek to establish regional and international operations beyond China as they pursue new markets, strategic partnerships and global growth opportunities.

Singapore is uniquely positioned to serve as the bridge between Chinese innovation, ASEAN growth opportunities and international capital. At Shaw Investment, we are creating an ecosystem that connects enterprises with family offices, financial institutions, technology partners and professional advisers across multiple markets.”

Under the collaboration, InCorp Singapore has been appointed as Shaw Investment’s preferred business services partner, providing corporate structuring, governance, accounting, tax, compliance, immigration and administrative support to companies establishing operations in Singapore and expanding across ASEAN and international markets.

KG Tan, CEO of InCorp Singapore, said:

“International expansion requires much more than setting up an entity in another jurisdiction. Businesses need the right structure, strong governance, reliable compliance support and experienced advisers who understand how different regulatory environments interact.

Through this partnership with Shaw Investment, we are excited to help participating Chinese enterprises translate their expansion strategies into well-structured and compliant operations in Singapore. Our goal is to give business leaders the operational confidence and local support they need to focus on long-term growth.”

Cody Lee, Executive Director of Shaw Investment A.P.A.C., said:

“Shaw Investment is building a practical China–Singapore–ASEAN growth corridor through initiatives involving Zhongguancun, Forbes China AI50, leading financial institutions, family office networks and a growing ecosystem of public and private sector partners. We support international enterprises beyond incorporation by helping them access customers, pilot projects, strategic partnerships, capital and compliant cross-border investment pathways.

By combining Shaw Investment’s internationalisation platform with InCorp Singapore’s operational expertise and Ascentium’s wider global reach, we provide companies with a coordinated pathway from market entry and structuring through to execution, compliance and regional expansion.”

Gary Tok, Group Chief Commercial Officer of Ascentium, said:

“This partnership brings together complementary capabilities across strategic advisory, capital deployment and professional services execution. Shaw Investment provides access to an important ecosystem of internationally ambitious Chinese enterprises, while InCorp and the wider Ascentium platform provide the infrastructure and expertise needed to support their expansion.

As InCorp Singapore prepares to transition to the Ascentium brand, this collaboration reflects our broader ambition to connect businesses with integrated expertise across markets and provide a consistent, client-led experience wherever their growth takes them.”

The collaboration is expected to strengthen connectivity between China’s enterprise ecosystem and Singapore’s corporate, financial and professional services infrastructure, helping internationally ambitious companies build credible and compliant foundations for global growth.

About InCorp Singapore

InCorp Global, An Ascentium Company, is a leading corporate services provider offering corporate, compliance, accounting, tax, human resources, risk assurance, and advisory services to businesses operating in Singapore and across international markets.

InCorp is part of Ascentium, a global business services platform. This brings together InCorp’s local expertise in corporate, accounting, tax, and compliance services with Ascentium’s global network of over 3,000 professionals across 58 cities and 27 markets.

About Shaw Investment A.P.A.C. Pte. Ltd.

Shaw Investment A.P.A.C. Pte Ltd is a Singapore-based single-family office and strategic investment platform with interests across financial services, infrastructure, energy, telecommunications, technology, healthcare, engineering, marine, education and industrial sectors.

With more than USD3.5 billion in assets and business interests under management and oversight, Shaw Investment serves as a platform architect focused on internationalisation, capital mobilisation and strategic ecosystem development.

Through partnerships with family offices, financial institutions, technology ecosystems, government agencies and professional service providers, Shaw Investment supports enterprises seeking to establish and expand internationally through Singapore. Its growing China–Singapore–ASEAN platform facilitates outbound investment, cross-border structuring, strategic partnerships, market access and capital formation initiatives, enabling companies to leverage Singapore as a regional headquarters and gateway to ASEAN and global markets.

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SOURCE InCorp Singapore, An Ascentium Company

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MediSun Energy and Yanrun Announce Strategic Joint Venture at SIWW 2026 to Drive Global Advanced Water Treatment and Zero Liquid Discharge Solutions

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SINGAPORE, June 18, 2026 /PRNewswire/ — MediSun Energy, a Singapore-based leader in integrated brine management, announced a strategic joint venture with Yanrun Membrane Technology Co., Ltd., a premier national-level high-tech electro-membrane pioneer, at the Singapore International Water Week (SIWW) 2026.

Through this strategic partnership, MediSun Energy and Yanrun will establish a new Singapore-based corporate entity, led by MediSun Energy, to serve as the exclusive global launchpad for their combined solutions outside of mainland China.

This joint venture will drive the international development, manufacturing, and distribution of a highly specialized suite of advanced systems, including Electrodialysis Bipolar Membrane (EDBM), Electrodialysis Metathesis (EDM), Electrodialysis (ED) stack systems, and Pressurised Forward Osmosis (PFO) systems, alongside integrated Zero Liquid Discharge (ZLD) solutions.

By combining MediSun Energy’s extensive international network and proprietary expertise in energy-efficient brine management with Yanrun’s deep R&D legacy in advanced electro-driven and bipolar membranes, the two companies will collaborate to address critical water scarcity and tightening industrial environmental regulations globally, with a specific focus on the Gulf Cooperation Council (GCC) region and Southeast Asia.

Dusun Kim, CEO & Co-Founder of MediSun Planet Pte Ltd, stated: “The global industrial market is facing an inflection point where conventional wastewater disposal is no longer sustainable, environmentally compliant, or economically viable. By combining MediSun Energy’s international market reach and deep-tech brine management capabilities with Yanrun’s world-class, multi-patent electro-membrane manufacturing engine, this partnership will bridge a critical industry gap. We are excited to offer heavy industry and desalination sectors across Southeast Asia and the GCC region access to next-generation, circular ZLD solutions that turn environmental liabilities into valuable resource streams.”

Huang Quansen, Chairman of Yanrun, added: “Yanrun has consistently spearheaded the development, industrial application, and industry standard-setting of advanced electro-driven membranes within China. Establishing this exclusive international commercial platform alongside MediSun Energy marks a pivotal milestone in our global expansion strategy. This partnership allows us to seamlessly match our manufacturing excellence and cutting-edge membrane technology with MediSun Energy’s prominent international presence, bringing clean, green, and circular industrial water reuse technologies to the global stage.”

The launch of this joint venture underscores Singapore’s position as a premier global hydrohub and a leading center for green technological innovation. By anchoring this international initiative in Singapore, both companies are uniquely positioned to leverage the nation’s world-class business ecosystem to accelerate global climate resilience, decarbonize heavy industry, and promote long-term water security on an international scale.

About MediSun Energy

MediSun Energy is an integrated brine management company headquartered in Singapore. The company specializes in turning desalination brine and industrial waste streams into valuable resources through energy-efficient and circular solutions. MediSun’s proprietary technologies — including Reverse Electrodialysis (RED) and CO₂ mineralization — are designed to decarbonize energy-intensive sectors such as desalination and heavy industry, supporting a more sustainable and resource-resilient future.

About Yanrun

Yanrun Membrane Technology Co., Ltd. is a Chinese national-level high-tech enterprise founded in 2010, specializing in the research, production, and industrial applications of electro-driven membranes. Led by prominent R&D teams, Yanrun has successfully undertaken several national-level initiatives, including China’s prestigious 863 Plan, and holds 47 national invention and utility model patents, including the China Patent Excellence Award. With expansive manufacturing facilities in Mianzhu and Quanzhou, Yanrun produces tens of thousands of square meters of monolithic bipolar and homogeneous exchange membranes annually, driving sustainable circular industrial applications globally.

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SOURCE MediSun Energy

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