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LG Energy Solution Releases 2026 First-Quarter Financial Results

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LG Energy Solution posts KRW 6.6 trillion in consolidated revenue and KRW 207.8 billion in operating loss in Q1 2026In Q1, the company secured over 100GWh of new orders for its 46-Series cylindrical EV batteries, with the order backlog exceeding 440GWh as of AprilIts North American ESS battery production network is now in place, with the aim to achieve more than 50GWh production capacity by year-end

SEOUL, South Korea, April 29, 2026 /PRNewswire/ — LG Energy Solution (KRX: 373220) today announced its first-quarter earnings for 2026, reporting an increased quarterly revenue mainly driven by stable demand and solid orders for both 46-Series cylindrical EV batteries and ESS batteries.                                                              

The company posted consolidated revenue of KRW 6.6 trillion, a 1.2 percent increase quarter-on-quarter. The revenue includes the North America production incentive, which is estimated at KRW 189.8 billion. The operating deficit stood at KRW 207.8 billion.

In the first quarter, shipment of pouch-type EV batteries declined due to inventory adjustments by a major North American customer. However, stable shipments of cylindrical EV batteries and active response to growing North American ESS demand through capacity expansion resulted in a slight quarter-on-quarter increase in the revenue, with the ESS business now representing mid-20 percent of the total revenue.

At the same time, despite increase in shipments of both cylindrical EV and ESS batteries and ongoing cost-reduction efforts, the company posted a quarterly loss, driven by initial ramp-up costs associated with the expansion of ESS production sites and deterioration of product mix resulting from reduced sales of pouch-type EV batteries in North America.

Q1 Achievements                                               

In the first quarter, LG Energy Solution fully leveraged its local manufacturing capabilities in North America and the product competitiveness of its 46-Series cylindrical EV batteries to win over 100GWh of new orders for the product, bringing its total order backlog to over 440GWh (as of the end of April 2026). The company started producing 4695 cells at its Ochang facility late last year and will start producing diverse 46-Series cylindrical cells, ranging from 4680 to 46120 cells, at its Arizona facility late this year.

It also secured an additional ESS battery supply contract for grid-scale project in North America. Under the contract, the company will start supplying its next-generation product, which has reduced total cost by 15 percent compared to its current ESS LFP products, in 2028. Through such projects, the company is actively responding to growing customer demand for ESS batteries produced locally in the United States.

In addition, the company has successfully established its ESS battery production network in North America, comprising three standalone facilities (Holland, Lansing, Windsor) and two joint venture facilities (Ultium Cells facility in Tennessee and L-H Battery Company in Ohio). Leveraging this robust production network, the company will secure over 50GWh of ESS battery production capacity in the region by the end of this year.

Key Initiatives

As electricity consumption rises, driving the need for a more stable power grid amid the possibility of prolonged energy supply instability and high oil prices, the importance of ESS is emerging as a key component of power infrastructure that can offset the limitations of traditional power sources. This environment may also boost consumer demand for EVs, supported by their improving total cost of ownership relative to ICE vehicles, as well as advances in autonomous driving technologies.

Also, the U.S. and Europe continue to require local battery production to qualify for government incentives, which is increasing the customers’ preference for companies that can manufacture locally—enabling them to maximize policy benefits and respond swiftly to logistics risks.

In light of these circumstances, the company will focus on four areas going forward:

1. Strengthening cash flow management

Improve financial structure through EBITDA growth, divestment of non-core assets, and enhanced asset turnoverExecute Capex only for essential investments and best allocate strategic resources

2. Maximizing response to customer demand

ESS: actively secure new projects for power infrastructure and data centers, and promptly stabilize North American production facilitiesEV: proactively respond to EV demand recovery, leverage global production sites to respond to a solid demand for cylindrical EV batteries

3. Stabilizing the supply chain

Enhance monitoring for all raw materials and advance proactive sourcing strategiesMinimize logistics costs impacts by securing shipping capacity in advance, etc.

4. Reinforcing product competitiveness

Advance product specs: system integration (SI)-based software for ESS, fast charging for EVsSecure next-generation technologies: dry electrode processing, all-solid-state batteries, sodium-ion batteries

About LG Energy Solution

LG Energy Solution (KRX: 373220) is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With more than 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 90,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

 

View original content:https://www.prnewswire.com/news-releases/lg-energy-solution-releases-2026-first-quarter-financial-results-302758128.html

SOURCE LG Energy Solution

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Agile & Co Launches Core, a Proprietary AI Marketing Platform Built for Local Service Businesses

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New system pairs AI-driven strategy with human oversight, giving contractors, clinics, auto shops and med spas a marketing partner that remembers their business and compounds results over time

ST. LOUIS, Sept. 3, 2026 /PRNewswire/ — Agile & Co, a full-service marketing agency specializing in local service businesses, today announced the launch of Core, a proprietary AI-powered marketing platform. Built on an 80% AI, 20% human strategy model, Core is designed to help contractors, clinics, auto shops, med spas and other local service businesses generate more booked jobs without their marketing strategy starting from scratch every month. More information on Core is available at agileandco.com.

Core connects directly to a business’s operational data, including services, pricing, and past campaign performance, and applies that context across advertising, SEO, and website work. According to Agile & Co, this removes the need for clients to repeatedly re-explain their business to a rotating cast of marketers, since Core retains that context across every campaign.

Each new campaign also feeds Core’s models directly. The system analyzes lead and conversion data and adjusts strategy automatically, a design intended to help marketing performance compound over time rather than reset with every new push.

“We built Core because we were tired of watching service businesses get sold black-box AI tools that don’t know their market. Core learns your business, your customers, and what actually converts, so every dollar you spend gets smarter over time instead of starting from zero,” said Chans, Founder and CEO of Agile & Co.

Despite the AI foundation, Agile & Co said human strategists review every campaign and write final copy before anything goes live. The company built Core using MCP architecture, RAG retrieval, and vector databases rather than off-the-shelf AI tools, and applies it across SEO, Google Ads, Meta Ads, and website design. Agile & Co also offers transparent, attribution-based reporting, tracking leads to their source and optimizing toward booked jobs rather than clicks, and operates without long-term client contracts.

About Agile & Co

Founded in 2012, Agile & Co has grown from a scrappy SEO shop into a full-service growth partner powered by proprietary AI. The mission never changed: do right by the businesses that trust us, even when it’s the harder path.

Media Contact:

Chans, Founder and CEO
Agile & Co
1535 S 8th St, Suite A, St. Louis, MO 63104
(314) 661-2375

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SOURCE Agile & Co.

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Position² Introduces Arena, the Proprietary Technology Powering Its AI-Native Growth System That Turns Two Decades of Expertise Into an Intelligence Layer, Orchestrated Agents, and Client Delivery in One Workspace

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Built for enterprise marketing teams and the agencies that serve them, Arena connects Position²’s Growth Intelligence, senior experts, and AI Agents across brand, demand, and campaign execution, working with the tools marketers already use and getting smarter with every engagement.

SANTA CLARA, Calif., Sept. 3, 2026 /PRNewswire/ — Position², the AI-Native Growth System for enterprise brands and GTM leaders, today introduced Arena, the proprietary technology at the core of its approach to modern marketing. Arena connects Position²’s Growth Intelligence Layer, senior experts, and AI Agents across the full marketing journey, from brand and positioning to demand generation, campaign execution, and client delivery. Built on more than two decades of marketing expertise, Arena brings together performance signals, brand context, connected workflows, and accumulated knowledge so teams can make better decisions, act faster, and strengthen every engagement that follows.

The business case

“Marketing has drowned in tools and starved for answers. Arena ends that,” said Rajiv Parikh, CEO of Position². “Enterprise marketing isn’t just campaigns, it’s brand, positioning, and every decision that compounds into a reputation. We turned two decades of that expertise into a system that tells teams what’s coming, what to do about it, and remembers everything it learns along the way. Stop paying to describe the past. Start building the brand that wins the next decade.”

Marketing is more than campaigns

Enterprise marketing is not a series of isolated campaigns. It spans brand positioning, audience intelligence, go-to-market strategy, content, creative, demand generation, and performance across channels. Yet many marketing organizations still manage these functions through disconnected tools and workflows, making it difficult to carry insights from one initiative into the next.

Arena connects the context behind strategy, performance, execution, and outcomes so Position² teams and clients can work from a shared foundation, and apply what they learn across the entire growth journey.

Built on Position² Expertise, Not Generic AI

Arena is grounded in Position²’s experience helping enterprise brands grow across industries, including healthcare, computing, consumer electronics, automotive, and industrial technology. Position² Experts apply senior judgment, strategic direction, and quality standards across disciplines such as SEO, paid media, creative, content, and demand generation.

That expertise guides how AI Agents prioritize and execute scoped work, ensuring recommendations and actions reflect each organization’s brand, market, goals, and performance history.

One Connected Approach: Growth Intelligence, Position² Experts, and AI Agents

Arena runs on three layers that work as one system. The intelligence layer forecasts performance and reasons about what to do next, from brand health to campaign ROI. The orchestration layer turns that intelligence into action, coordinating a library of Smart Marketing Agents that plan, execute, and hand off work across channels and disciplines. The workflow layer ships the output as on-brand, client-visible delivery, with Gantt and list views, task hierarchies, and dependencies. Underpinning all three are Arena’s connectors to hundreds of the top platforms marketers already run on: Google Ads, GA4, Meta, LinkedIn, HubSpot, Salesforce, Shopify, Slack, Gmail, Zoom, and 300+ data sources and 50+ business tools in all — each feeding the same intelligence layer, so the system reasons across the entire stack rather than one channel at a time.

“Arena connects the intelligence behind marketing decisions, the Position² Experts who guide them, and the AI Agents that help execute the work,” said Vikrant, Chief Technology Officer at Position², who heads product and technology for Arena. “Because it all runs as one connected system, Arena remembers every brand decision, campaign, and outcome, and gets sharper with each one. That memory is the moat: brand strategy that once lived in a few people’s heads becomes a durable, compounding asset. Most tools reset to zero. Arena compounds.”

Compounding Intelligence Across Every Engagement

The broader you draw marketing, the more corporate memory matters. Brand equity, positioning, and audience understanding are built over years, yet they usually live in slide decks and a handful of people’s heads, and walk out the door when those people leave. Arena changes that. As Position² Experts guide strategy and AI Agents execute, Arena captures a shared growth memory, a living record of brand decisions, campaigns, market intelligence, outcomes, and context that strengthens every engagement that follows. New agents and new team members inherit that institutional knowledge from day one rather than starting from scratch, and the intelligence layer learns from real results to sharpen future strategy and forecasts. The longer a team runs on Arena, the more the system reflects that organization’s own brand and playbook, turning tacit knowledge that usually disappears into a durable, compounding asset.

Built for the enterprise marketing team and the agency that serves it

Arena supports enterprise marketing organizations and the agencies serving them, particularly teams responsible for growth across multiple channels, stakeholders, and programs.

The CMO / VP of Marketing: a forward-looking read on brand health and whether spend will hit its target, with the reasoning to defend both to the board.The Brand / Growth / Performance Marketing lead: brand programs and campaigns across PPC, SEO, creative, and performance, running daily without routing every task through a specialist.The Marketing Operations / Analytics owner: one blended source of truth in place of hand-assembled reports.The Agency account and delivery lead: on-brand, client-visible results shipped on or before deadline, across every account and geography.

Connected Capabilities Across the Full Funnel

Arena is organized around three growth engines, all drawing on the same intelligence layer and shared corporate memory. AI Agents provide a library of Smart Marketing Agents users can chat with, customize, connect to a knowledge base, and schedule, spinning up project tasks directly from an agent’s response. Analytics (Calibrate) delivers predictive marketing analytics with cross-channel, blended dashboards, anomaly detection, and AI-driven forecasting that flags risks early rather than reporting them late. Project Management brings AI-powered delivery built for marketing and client work. Tying it together, Highlights provides a daily AI executive briefing on revenue at risk and pipeline upside, and Client Intelligence (CIS) generates per-client executive briefings with real-time health, owners, and due dates, auto-updated from Slack, Gmail, Zoom, and Arena activity.

That shift from reporting to decision support is already visible in how customers use Arena. “I use Arena on a daily basis to stay plugged into our performance. It’s an extremely efficient tool for viewing every angle of our paid channels’ performance. Detailed reporting and easy drill-downs make campaign analysis quick and allow me to focus more on strategic planning rather than pulling the numbers,” said Caroline Weisenhorn, Performance Marketing Manager at Eventgroove.

Early results

Marketing teams running on Arena are seeing measurable gains

60% reduction in time spent assembling reports and dashboards8–10 hours/week saved per marketer by automating routine campaign tasks2–3x faster client project delivery across agency accountsAt-risk revenue surfaced days earlier, before the budget is committed, not after

Enterprise-grade by design

Arena is enterprise-grade by design, SOC 2 Type II, ISO 27001, and HIPAA-compliant. The same intelligence and memory foundation can extend into adjacent functions over time, but Arena’s focus is unambiguous: it is built for marketing first.

Learn more about Arena and how it powers Position²’s AI-Native Growth System at https://thearena.ai 

About Position²: Position² is the AI-Native Growth System for enterprise brands and GTM leaders, combining Growth Intelligence, senior experts, and AI Agents to help organizations drive smarter, more connected growth. Powered by Arena, Position²’s proprietary technology, the company connects strategy, execution, and continuous learning across brand, demand, and marketing performance. Learn more at www.position2.com

Media Contact: Position² info@position2.com 

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SOURCE Position2

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Diameter Pay Raises $10 Million to Expand Global Access to the US Dollar

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Series A Round Co-Led by CMT Digital and Lightspeed Faction, with participation from SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital

JERSEY CITY, N.J., Sept. 3, 2026 /PRNewswire/ — Diameter Pay, a fintech platform building the infrastructure for global U.S. dollar payments and virtual accounts, today announced a $10 million Series A financing round co-led by CMT Digital and Lightspeed Faction, with participation from SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital.

Diameter Pay gives banks, fintechs, digital asset exchanges and their customers around the world access to U.S. dollar accounts and payment rails through a single API. The platform supports virtual accounts, domestic and international payments, stablecoin on- and off-ramps, and embedded compliance controls across multiple U.S. banking partners. Diameter Pay has processed more than $10 billion year-to-date in 2026.

The U.S. dollar remains the foundation of global trade and payments, but accessing it has become increasingly difficult in many parts of the world. Correspondent banks have pulled back from entire markets amid rising sanctions and anti-money laundering risk. The result is a global financial system in which legitimate businesses can be excluded alongside the bad actors those safeguards are designed to stop.

“The world is becoming more global, but the financial system is becoming more fragmented,” said David Lighton, founder and CEO of Diameter Pay. “Diameter Pay takes a different approach: rather than asking banks to accept more risk, we provide the technology, data, and compliance infrastructure to understand and manage that risk with greater precision. That’s the bridge we’re building, between traditional finance and digital finance, so money can move at the speed people and businesses actually need in a world that now runs 24/7.”

Stablecoins are amplifying the need for solutions. They enable dollar value to move globally, around the clock, but institutions still need regulated, reliable connectivity between digital dollars and the U.S. banking system, especially to fight financial crimes. Diameter Pay provides that connective tissue, giving banks the technology, data, and compliance infrastructure to manage digital risk with more precision.

The financing will accelerate Diameter Pay’s mission to expand access to the U.S. dollar for financial institutions around the world. The company will use the capital to expand its banking and payment capabilities, deepen its stablecoin and FX infrastructure, and continue investing in the technology and compliance capabilities required to safely move dollars across borders.

Stablecoins are transforming how dollars move globally, but they don’t replace the need for trusted access to the U.S. banking system,” said Charlie Sandor, Partner at CMT Digital. “Diameter provides that connective layer, combining traditional payment rails, stablecoin infrastructure, and compliance in a platform built for regulated financial institutions.”

“The challenging part of modernizing global payments with stablecoins isn’t just technology. It’s building reliable and trustworthy compliance and banking infrastructure,” said Tim Khoury, Partner at Lightspeed Faction. “Diameter started with a relentless focus here, and has won the trust of a growing number of clients as a result. We’re thrilled to be backing the company for its next leg of growth.”

“The modern payments stack is no longer just about speed-to-market; it’s about speed-to-trust. The components: verified counterparties, transactions screened before they move, and licensed settlement behind them,” said Evan Thorpe, Principal at SixThirty Ventures.  “Diameter is the settlement layer that ties each of those critical parts together, turning a trusted counterparty and a clean transaction into dollars that actually arrive, compliantly, across borders. It reflects a conviction we hold about this market: trust, not transport, is the product in modern money movement. Diameter delivers it.”

About Diameter Pay
Diameter Pay’s mission is to expand global financial institutions’ and fintechs’ access to the U.S. dollar through compliance-first infrastructure trusted by banks and regulators. The platform provides U.S. virtual accounts, domestic and international payment rails, stablecoin on- and off-ramps, and embedded compliance controls across multiple banking partners. Diameter Pay is led by a team of banking, payments, technology, and regulatory veterans with decades of experience building and operating financial systems, including former senior executives and founders from Deutsche Bank, Fidelity Investments, Segovia Technology, Reserve Trust, and the World Bank.

Media Contact
Press@Diameterpay.com

View original content:https://www.prnewswire.com/news-releases/diameter-pay-raises-10-million-to-expand-global-access-to-the-us-dollar-302869225.html

SOURCE Diameter Pay

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