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Boom Supersonic Announces Symphony Engine Test Site at Colorado Air & Space Port

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Preparations underway at former hypersonic facility where supersonic engine testing will begin by the end of 2025

DENVER, April 25, 2025 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced that it has selected a site at the Colorado Air and Space Port in Watkins, CO to conduct engine tests for its Symphony propulsion system. The site was previously used for hypersonic engine development. Symphony, the bespoke engine for Overture, is a medium bypass turbofan optimized for supersonic flight. Boom is investing $3-5 million into the site this year to prepare it for supersonic engine testing, slated to start later this year.

“Symphony is rapidly advancing from concept to reality. By leveraging an existing site, Boom will have the first independently-owned supersonic engine test facility for less than it would have cost to rent a government facility,” said Blake Scholl, Founder and CEO of Boom Supersonic. “By vertically integrating propulsion, we are able to accelerate development, reduce costs, and custom-tailor an engine for Overture—unlocking capabilities like Boomless Cruise.”

The Symphony engine test facility, located in Adams County only 35 miles from Boom’s headquarters, will support this year’s test of Symphony’s prototype core. Measuring 12 feet long and 4 feet in diameter, the core is the high pressure spool of the engine, consisting of the compressor, combustor, and turbine—the most critical components of the first independently-developed supersonic jet engine.

“This is an exciting moment not just for Adams County, but for the future of aerospace innovation in Colorado,” said Lynn Baca, Chair of the Adams County Board of Commissioners. “Boom’s investment in our community puts us at the forefront of the aerospace industry and reflects our shared commitment to advancing next-generation transportation technologies.”

The facility at the Colorado Air and Space Port includes a control room and advanced instrumentation. Data collected from Symphony core tests will allow Boom to refine engineering and manufacturing design for Symphony. Boom expects to expand the site in 2026 to facilitate full-scale testing of the entire Symphony turbofan prototype.

“We are very excited to welcome Boom Supersonic to the Colorado Air and Space Port and to support the development of its revolutionary Symphony engine,” said Jeff Kloska, Director of the Colorado Air and Space Port (CASP). “We look forward to a great partnership with Boom and to advancing our aviation and aerospace ecosystem at CASP.”

The Symphony engine continues to progress rapidly. In March, Symphony passed a key technical review—enabling the manufacturing launch. Multiple parts have already entered the manufacturing phase and engine assembly will start later this year. When the Symphony program moves into production, Boom will leverage the skilled team and facility at StandardAero in San Antonio, TX to build Symphony engines at rate.

Purpose-building and vertically integrating Symphony enables Boom to unlock additional capabilities for Overture, including flying at supersonic speeds without an audible sonic boom on the ground with Boomless Cruise. Symphony features enhanced transonic performance compared to commercially-derived engines, allowing Overture to efficiently accelerate to supersonic speeds at altitudes above 30,000 feet—where Boomless Cruise is possible.

In February, Boom’s XB-1 demonstrator broke the sound barrier six times without creating a sonic boom that was heard on the ground, opening the door to supersonic flight over land onboard Overture with Boomless Cruise. Overture has 130 orders and pre-orders from United Airlines, American Airlines, and Japan Airlines, representing the first five years of production at its Overture Superfactory in Greensboro, North Carolina.

About Boom Supersonic
Boom Supersonic’s mission is to make the world dramatically more accessible through flights that are faster, more affordable, more convenient, and more sustainable.

Boom is developing Overture, the world’s fastest airliner, optimized for speed, safety, and sustainability. Overture will fly at twice the speed of today’s airliners and is optimized to run on up to 100% sustainable aviation fuel (SAF). Overture’s order book stands at 130 aircraft, including orders and pre-orders from American Airlines, United Airlines, and Japan Airlines. Boom is working with Northrop Grumman for government and defense applications of Overture. Suppliers and partners collaborating with Boom on the Overture program include Aernnova, Aciturri, Collins Aerospace, Eaton, Honeywell, Latecoere, Leonardo, Safran Landing Systems, Universal Avionics, and the United States Air Force.

Symphony™ is the purpose-built turbofan engine that will enable supersonic flight. The Boom-developed engine is supported by world-class suppliers including Florida Turbine Technologies (FTT), a Kratos company, Colibrium Additive, and StandardAero.

XB-1 is Boom’s technology demonstrator aircraft and the world’s first independently developed supersonic jet. First taking flight in March 2024, XB-1 completed a series of flight tests in Mojave, CA, culminating in successful supersonic test flights in January and February 2025. For more information, visit https://boomsupersonic.com. 

Photos and video available at https://boomsupersonic.com/newsroom/media-assets

Connect with Boom Supersonic on X, LinkedIn, Facebook, Instagram, YouTube

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SOURCE Boom Supersonic

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

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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

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

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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

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

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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

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