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Novo Holdings and SUBRA join forces to accelerate development of innovative superconductor technology for power transmission and fusion energy

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FARUM, Denmark, Dec. 19, 2024 /PRNewswire/ — Today, Novo Holdings and SUBRA announce a partnership to fast-track the advancement of innovative superconductor technology supported by a convertible loan from Novo Holdings in Danish deep-tech SUBRA.

The global energy transition has become one of the most pressing challenges of our time. As the world strives to reduce carbon emissions and meet ambitious climate targets, innovative technologies are needed to modernise energy systems and enable sustainable power generation.

Superconductors can become the key to transforming our energy system. They hold promise to enable a new generation of zero resistance power cables as well as fusion reactors, playing a crucial role in improving energy efficiency, supporting renewable energy integration, and advancing next-generation solutions like fusion energy. The partnership between SUBRA and Novo Holdings aims to advance SUBRA’s development and position SUBRA for scaling towards making a critical impact in the green transition.

Despite their significance in advanced technologies, present superconductors face several critical challenges, including difficulties in scalability and cost-effective production. SUBRA’s technology takes a different approach to high-temperature superconductors. Bringing superconductors from flat tape technology to bundled wires, the SUBRACABLE innovation has the potential to overcome limitations of traditional copper cables and current flat tape superconductors. This is realised by enabling the production of superconductors that are scalable to extreme lengths, with superior properties such as thermal robustness, mechanical flexibility and high current capacity.

Anders C. Wulff, CEO, SUBRA, said: “This partnership is an immensely important step towards ensuring a strong and long-term strategic path for realising our shared vision of a greener tomorrow. Accelerated development of superconductors plays a key role in this vision, enabling more efficient energy transmission and extremely powerful magnets for fusion reactors. Partnering with Novo Holdings is a vital step towards growing our company as we are positioning SUBRA for its Series A financing come 2025.”

Marcus Remmers, Partner, Planetary Health Investments, Novo Holdings, said: “We are very pleased to partner with SUBRA, since we believe that Novo Holdings’ commitment to planetary health aligns well with SUBRA’s impact-driven strategy for advancing the green transition, creating meaningful opportunities for synergy and innovation. We look forward to building this partnership into a long-term commitment and contributing to SUBRA’s continued growth and success.

By working in tandem, we can enable the shift toward a more sustainable, resilient, and environmentally friendly future.”

About SUBRA A/S

SUBRA is a science-based deep-tech company pioneering in the field of superconductivity. With more than 15 years of excellency in superconductor R&D, the spin-off from the Technical University of Denmark (DTU), is pursuing the vision to transform the way we transport electricity. As an impact-driven company, SUBRA is strongly committed to a sustainable future and to being a key player in the climate solution. All SUBRA’s technologies help to strive towards that goal.

With world-leading expertise in superconductivity and surface technology, SUBRA is building the bridge between superconductor research, innovative production systems, and engineering technology to make low-cost manufacturing of superconductors feasible at scale. SUBRA aims to be the first in the sector to reach this objective, by providing the game changing solution for ramping up a pan-European energy grid and enabling fusion companies to build more robust and cost-effective magnets.

About Novo Holdings A/S

Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. Wholly owned by the Novo Nordisk Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk A/S and Novonesis A/S (Novozymes A/S) and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seeds, Venture, Growth, Asia, Planetary Health and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2023, Novo Holdings had total assets of EUR 149 billion. www.novoholdings.dk

View original content:https://www.prnewswire.co.uk/news-releases/novo-holdings-and-subra-join-forces-to-accelerate-development-of-innovative-superconductor-technology-for-power-transmission-and-fusion-energy-302335308.html

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Airbnb to Announce Third Quarter 2026 Results

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October 1, 2026

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SAN FRANCISCO, Oct. 1, 2026 /PRNewswire/ — Airbnb, Inc. (NASDAQ: ABNB) today announced that the company’s third quarter 2026 financial results will be released after market close on November 5, 2026. The company’s shareholder letter will be made available on the Airbnb Investor Relations website at https://investors.airbnb.com.

Airbnb will host an audio webcast to discuss its results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The link to the webcast will be made available on the Investor Relations website at https://investors.airbnb.com.

Interested parties can register for the call in advance by visiting https://registrations.events/direct/Q4I66365VIPKKgpWVXKPMxfVC. After registering, instructions will be shared on how to join the call.

About Airbnb
Airbnb was born in 2007 when two hosts welcomed three guests to their San Francisco home, and has since grown to over 5.5 million hosts who have welcomed over 2.5 billion guest arrivals in almost every country across the globe. Every day, hosts offer unique stays, experiences, and services that make it possible for guests to connect with communities in a more authentic way.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/airbnb-to-announce-third-quarter-2026-results-302895691.html

SOURCE Airbnb, Inc.

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Spacelift Named an AI-Driven Cloud Infrastructure Finalist in the SiliconANGLE TechForward Awards

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19 minutes ago

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October 1, 2026

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Spacelift governs AI-assisted infrastructure changes with policy-as-code, approval gates and complete audit history across Terraform, OpenTofu, Pulumi and Kubernetes.

REDWOOD CITY, Calif., Oct. 1, 2026 /PRNewswire/ — Spacelift, the infrastructure orchestration company, today announced it has been named a finalist in SiliconANGLE’s 2026 TechForward Awards in the AI-Driven Cloud Infrastructure category.

Spacelift applies the same controls to AI-assisted infrastructure that govern traditional IaC pipelines: policy-as-code through Open Policy Agent, role-based access control, approval gates, drift detection, and a complete audit history of what ran and who changed it.

“AI changed how fast developers ask for infrastructure, and platform teams absorbed all of it,” said Pawel Hytry, chief executive officer and co-founder of Spacelift. “Speed only helps if policy, approvals, and an audit trail arrive with it. That’s what we’ve built for.”

The TechForward Awards recognize the technologies and solutions driving business forward. As the trusted voice of enterprise and emerging tech, SiliconANGLE applies a rigorous editorial lens to highlight innovations reshaping how businesses operate in our rapidly changing landscape. This awards program honors both established enterprise solutions and breakthrough technologies defining the future of business, spanning AI innovation, security excellence, cloud transformation, data platform evolution and blockchain/crypto tech. Spacelift was selected from a competitive field of nominees by a panel of industry experts and technology leaders.

“Congratulations to this year’s finalists,” said Dave Vellante, co-founder and co-CEO of SiliconANGLE Media. “Every company on this list earned its place through customer results including renewal rates, expansion revenue and direct feedback from the individuals using these products daily. Our judges evaluate that evidence when deciding who deserves this recognition.”

Spacelift, headquartered in Redwood City, California, was founded in 2020 and has raised $82.3 million in venture funding. Spacelift is also a major contributor to the platform engineering community as a founder and major contributor to OpenTofu and as the founder of IaCConf, the leading vendor-neutral IaC conference.

Spacelift is also a major contributor to the platform engineering community as a founder and major contributor to OpenTofu and as the founder of IaCConf, the leading vendor-neutral IaC conference.

For more information, visit https://siliconangle.com/awards/. 

Spacelift is also featured in the 2026–2027 SiliconANGLE TechForward Buyer’s Guide as the AI-driven cloud infrastructure finalist.

About Spacelift
Spacelift is the infrastructure orchestration platform built for the AI-accelerated software era, managing the full lifecycle for both traditional IaC and AI-provisioned infrastructure. Spacelift Intelligence adds an AI-powered layer for natural-language provisioning, diagnostics, and operational insights across both traditional and AI-driven workflows, helping organizations deliver secure, compliant infrastructure at scale. Spacelift works with tools including Terraform, OpenTofu, CloudFormation, Pulumi, and Ansible. Visit https://spacelift.io/customers to see how Duolingo, Figma, Moody’s, Checkout.com, 1Password, Redfin, and others manage infrastructure for the AI-accelerated software era with Spacelift.

About SiliconANGLE Media | theCUBE
SiliconANGLE Media operates at the intersection of media, technology, and AI through SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI, and theCUBE SuperStudios. Founded by John Furrier and Dave Vellante, theCUBE broadcasts from its studio on the NYSE trading floor and from Silicon Valley, delivering leading live coverage at major tech events worldwide. SiliconANGLE reaches more than 15 million technology professionals and has interviewed over 11,000 C-suite and technical leaders.

MEDIA CONTACT
Cristin Connelly
Cathey.co for Spacelift
cristin@cathey.co

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SOURCE Spacelift

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Los Angeles Pacific University Becomes Azusa Pacific University Global, Bringing Fully Online Education Under the APU Name

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19 minutes ago

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October 1, 2026

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New brand strengthens the connection between two independently accredited institutions while expanding access to Christ-centered online education

GLENDORA, Calif., Oct. 1, 2026 /PRNewswire/ — Los Angeles Pacific University (LAPU) is now Azusa Pacific University Global (APU Global), marking a new chapter for the university and strengthening its connection to Azusa Pacific University (APU).

LAPU becomes APU Global, bringing fully online, Christ-centered education under the Azusa Pacific University name.

APU Global is the fully online university within the APU ecosystem, offering 100% online, asynchronous associate’s, bachelor’s, and master’s degree programs designed to meet the needs of working adults and learners wherever they are. APU continues to provide excellent on-campus and hybrid educational experiences.

Together, APU and APU Global provide students with distinct educational pathways under a shared APU brand and a common commitment to Christ-centered, faith-integrated education.

“By aligning under the APU name, we’re creating a recognized, powerful identity for online learners,” said Jay Goin, president of APU Global. “This reduces market confusion and expands our reach to a wider audience, making it easier than ever for students to find the exact education path that fits them best.”

“This move enables us to present a unified brand to the marketplace and amplify our impact,” said Adam J. Morris, president of Azusa Pacific University. “It ensures that whether a student is seeking a premier residential and hybrid experience on our campuses or a specialized world-class online journey, they find their home within the APU ecosystem.”

The transition from LAPU to APU Global strategically leverages the unique strengths of both institutions, expands their reach, and makes it easier for students to find the educational experience that best fits their goals and lives.

Two Institutions, One Shared Mission

While APU and APU Global now share a unified brand presence, they remain two distinct, independently accredited institutions. Each institution maintains its own leadership, academic governance, faculty handbooks, and operating structures.

The partnership is grounded in a shared commitment to providing a Christ-centered, faith-integrated educational experience.

“Our God First mission will guide this partnership, ensuring we continue to deliver a top Christ-centered education to the students we serve,” Morris said.

A Clearer Path for Online Learners

APU Global serves students seeking a fully online education through asynchronous learning designed to provide flexibility for working adults and learners wherever they are located. As the #1 Christian university for alumni earnings in the Council for Christian Colleges & Universities, APU will continue to focus on its on-campus and hybrid educational experiences.

The partnership also creates opportunities for APU and APU Global to leverage online resources to enhance the experience for existing and future learners.

For current LAPU students, the transition to APU Global is seamless, allowing them to continue their day-to-day educational experience without disruption. Students continue taking their online courses, receiving support from dedicated faculty and staff, and progressing toward their degrees as planned. The primary change is the transition of the university’s name and visual identity to APU Global.

About Azusa Pacific University

Since 1899, Azusa Pacific University, a top Christian higher education institution in the nation, has helped students discover their higher calling to impact the world for Christ. Featuring world-class faculty, an APU education leads to lifelong transformation and eternal impact. APU offers 59 bachelor’s degrees, 34 master’s degrees, 35 certificates and credentials, and 7 doctoral programs to more than 7,000 students at the university’s main campus in Azusa, several regional locations across Southern California, and online. Learn more at apu.edu.

About Azusa Pacific University Global

Azusa Pacific University Global (APU Global), formerly Los Angeles Pacific University (LAPU), is a nonprofit, Christ-centered institution offering flexible, 100% online associate, bachelor’s, and master’s degree programs. Designed to meet the needs of working adults, APU Global delivers asynchronous courses that allow students to learn on their own schedules. As part of the APU ecosystem, APU Global is committed to academic excellence and faith integration, preparing students to pursue their calling with purpose and confidence.

To learn more about APU Global and the transition from Los Angeles Pacific University, visit apuglobal.edu/apuglobal

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SOURCE Azusa Pacific University Global

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