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OpenSpace Surpasses 1,000 Data Center Projects, Defining the Construction Intelligence Standard for AI Infrastructure

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Visual Intelligence Platform enables owners and contractors to track progress, reduce risk, and accelerate delivery across the world’s most complex data center programs

SAN FRANCISCO, June 1, 2026 /PRNewswire/ — As demand for AI-driven and hyperscale infrastructure accelerates, data center construction is experiencing unprecedented global growth, placing new pressure on owners and contractors to deliver more complex projects on tighter timelines – while the cost of delays or missteps continues to rise.

Amid this surge, OpenSpace, a leader in Visual Intelligence for construction, is seeing rapid adoption across data center builds worldwide. More than 1,000 data center projects globally have used OpenSpace to capture and analyze jobsite conditions, with just 500 of these critical projects using OpenSpace in this last year to get real-time visibility into what is actually being built. Leading general contractors, including Suffolk and Sweet Projects, are deploying the platform on complex data center projects supporting major hyperscale and AI infrastructure builds. Adoption of OpenSpace for mission critical projects spans major markets across the U.S. and globally, including the Middle East, Europe, U.K., Australia, Singapore, and Canada, reflecting the growing need for better coordination and control in one of the world’s fastest-expanding infrastructure sectors.

Data centers represent some of the most complex construction environments today, with compressed timelines, intricate systems, and multiple trades working in parallel. Yet one of the industry’s biggest bottlenecks remains a lack of real-time visibility into on-site progress.

“Data center construction is pushing the limits of speed and complexity, and the industry can’t afford blind spots,” said Jeevan Kalanithi, CEO and co-founder of OpenSpace. “Traditional tools capture intent, but often fail to reflect reality, and on a data center build, that gap is where schedules slip and costs spiral. Teams need to see exactly what’s happening on-site, in real time. That level of visibility is becoming foundational for managing risk and delivering projects at the scale and pace the market now demands.”

“The Industrial Revolution transformed the world through factories and mechanical power. Today, data centers are becoming the factories of the AI era – and as these projects scale in complexity, trusted progress data is becoming essential for maintaining a reliable picture of project reality,” said Will Synnott, Director of Sales, Major Projects, OpenSpace.

The OpenSpace Visual Intelligence Platform captures a complete visual record of jobsites using smartphones, off-the-shelf 360° cameras, and drones, transforming that data into a spatially indexed, real-time record of construction progress. Using Spatial AI, the platform automatically maps imagery to floor plans, drawings, and BIM models – enabling teams to verify work, detect issues earlier, and improve coordination across stakeholders. For data center programs spanning multiple phases and trades, that means a single source of project truth for everyone – whether they’re on site or across the globe.

Across data center construction, OpenSpace is delivering measurable results, including 41% fewer claims, representing significant reductions in dispute-related costs across large-scale projects; 5X more quality issues captured; 10X faster documentation; and a 5-week average payback period – while giving teams real-time visibility into actual vs. planned progress across complex, multi-phase builds, and faster resolution of the issues that threaten schedules and budgets.

A recent data center project in Longcross, U.K., delivered by Sweet Projects, highlights the impact of real-time visual visibility on schedule certainty and risk reduction.

“On our Longcross project, OpenSpace gave us a clear, tamper‑proof record of what was happening on‑site at every stage,” said Andrew Moss, Project Director, Sweet Projects. “That visibility helped us stay on schedule and, in one case, unequivocally defend our position and avoid what could have become a dispute.”

Today, OpenSpace supports more than 100,000 projects globally, with nearly 400,000 users across 131 countries. As construction becomes increasingly data-driven, real-time visibility into the physical world is emerging as a foundational capability for delivering complex projects at scale.

For more information, visit www.openspace.ai.

About OpenSpace
OpenSpace is the Visual Intelligence Platform for builders, helping them reduce risk and increase efficiency. Powered by Spatial AI, its image-first platform streamlines coordination between field and office teams, providing reality-based, real-time intelligence for faster decisions and fewer delays. Customers like Suffolk, Comfort Systems, and Tishman Speyer rely on OpenSpace to gain critical insights from their sites, avoid destructive investigations, and finish projects ahead of schedule. To date, general contractors, trades, and owners have relied on OpenSpace to analyze imagery on more than 100,000 construction projects across 131 countries, representing over 69 billion square feet. To learn more, visit www.openspace.ai and follow us on LinkedIn.

Media Contact:
media@openspace.ai

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SOURCE OpenSpace

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Mirae Asset Securities Expands Digital Distribution of Funding Notes with Solana Foundation and Marketnode

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56 minutes ago

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October 28, 2026

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The transaction demonstrates how Mirae Asset Securities’ US$3 billion structured note programme can extend into on-chain distribution, establishing a model for a broader range of structured products over time while showcasing its advanced tokenisation capabilities and long-term commitment to expanding into digital assets.

HONG KONG, Oct. 28, 2026 /PRNewswire/ — Mirae Asset Securities (HK) Limited (“Mirae Asset Securities”) today announced the completion of a tokenised funding note issuance to eligible institutional investors on Solana, a public blockchain network, expanding the digital distribution of its structured products. The transaction was supported by Marketnode, a Singapore-regulated digital market infrastructure operator acting as an authorised distributor.

The transaction involved USD-denominated six-month floating rate notes issued in Hong Kong under Mirae Asset Securities’ US$3 billion Guaranteed Structured Note Programme, with Mirae Asset Securities managing token issuance, payments, and lifecycle management of the tokenised notes.

This milestone highlights Mirae Asset Securities’ robust in-house tokenisation capabilities and operational readiness to power end-to-end digital asset lifecycles. By leveraging its proprietary digital infrastructure, Mirae Asset Securities continues to lead the capital markets’ transition into next-generation financial architectures, actively expanding its footprint across the digital asset ecosystem.

The transaction demonstrates how established structured products can be extended into digitally native distribution, enabling eligible institutional investors to hold the notes in tokenised form on public blockchain infrastructure such as the Solana network. Its successful execution provides a scalable model that Mirae Asset Securities can extend to a broader range of structured products over time.

Kelly Sohn, Head of Digital Assets at Mirae Asset Securities, said: “Mirae Asset has always looked to the future of financial markets and how innovation can create better ways to serve investors. Extending our structured note capabilities into digitally native channels is a natural progression of our strategic focus on digital assets. By building robust internal tokenisation capabilities and leveraging next-generation blockchain infrastructure, we are establishing a flexible foundation to expand our digital product suite and serve institutional investors across global markets.”

Lu Yin, Head of APAC at the Solana Foundation, said: “Public blockchain infrastructure becomes meaningful to capital markets when it can support the products and workflows institutions already use. We’re proud to support this transaction and demonstrate how Solana can connect established financial markets with a growing digitally native ecosystem.”

Andrew Scott, Head of Digital Assets at Marketnode, said: “The next stage of tokenisation is about distribution. Financial institutions already know how to manufacture sophisticated investment products; the opportunity is to connect those products with new institutional investors and new channels. Mirae Asset’s structured note programme shows how established product capabilities can extend into digitally native markets and reach new pools of demand.”

Important Note: This press release is for information only and does not constitute an offer, solicitation or invitation to buy or sell any securities. The notes were offered by way of private placement to eligible professional investors (as defined in Hong Kong’s Securities and Futures Ordinance) only and have not been authorised by or registered with Hong Kong’s Securities and Futures Commission.

About Mirae Asset Securities (HK) Limited

Mirae Asset Securities (HK) Limited (SFC CE No.: BJB333) is a member of the Mirae Asset Financial Group. Its parent company, Mirae Asset Securities Co., is one of the largest securities firms in South Korea. Established in Hong Kong, Mirae Asset Securities (HK) Limited serves as an important platform for connecting clients to global markets, supported by Mirae Asset’s international network, investment expertise and long-standing commitment to innovation.

Guided by the Mirae Asset 3.0 vision, Mirae Asset Securities (HK) Limited is focused on building a client-first, future-ready financial services platform in Hong Kong. As a Permanent Innovator, Mirae Asset continues to develop responsible, trusted and globally connected investment solutions, while contributing to the long-term development of Hong Kong as an international financial centre and regulated digital asset hub.

About Marketnode

Marketnode is Asia-Pacific’s digital market infrastructure (DMI) operator, backed by Euroclear, HSBC, SGX Group and Temasek. Our unique combination of data, networks and access capabilities enables financial institutions to turn data into operational intelligence, streamline transactions over shared networks and shorten time to market for funds, structured products and credit in traditional and digitally native formats. For more information, visit www.marketnode.com.

About the Solana Foundation

The Solana Foundation is a non-profit foundation based in Zug, Switzerland, dedicated to the decentralization, adoption, and security of the Solana ecosystem.

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SOURCE Mirae Asset Securities (HK) Limited

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oToBrite Showcases 3D Stereo Vision Camera and Teams Up with YUAN for GMSL2™ to HSB Demo at ROBOTWORLD 2026

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October 28, 2026

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HSINCHU, Oct. 28, 2026 /PRNewswire/ — oToBrite Electronics, a leading Vision AI company, will showcase its advanced robotic vision technologies at ROBOTWORLD 2026 in South Korea, highlighting its compact IP69K-rated 3D stereo vision camera module co-developed with the team at indie. Featuring sub-microsecond (<1 µs) hardware-level 3MP global shutter synchronization and built-in image quality tuning, the module delivers precise depth perception with oToBrite oToVision SDK. oToBrite will also team up with YUAN to demonstrate GMSL2™ to HSB (NVIDIA Holoscan Sensor Bridge) integration, enabling high-speed image transmission and connectivity with the NVIDIA Jetson Thor platform to meet the diverse application needs of humanoid robots, quadruped robots, and unmanned vehicles.

Co-developed with indie, the 3D stereo vision camera module incorporates indie’s iND880 image signal processor (ISP), enabling highly synchronized exposures between the left and right cameras and consistent image quality for reliable depth perception in dynamic outdoor environments. Available in 60 mm and 120 mm baseline configurations, the 60 mm version is designed for humanoid robots and robotic arms, while the 120 mm version provides precise depth perception at distances of up to 20 meters for outdoor autonomous robots and unmanned vehicles.

oToBrite will also showcase its 1MP to 8MP automotive-grade GMSL2™ camera modules, NVIDIA Jetson development kits, and GMSL2™ Repeater. The development kits enable GMSL2™ camera connectivity and image capture, accelerating robotics development. The GMSL2™ Repeater extends high-speed image transmission distances beyond 30 meters while offering low latency and IP69K-rated protection for demanding outdoor environments.

In a joint demonstration, oToBrite and YUAN will showcase GMSL2™ to HSB interface conversion, connecting oToBrite’s GMSL2™ camera module to YUAN’s AI computing platform powered by NVIDIA Jetson Thor. By combining the high-speed, low-latency transmission capabilities of GMSL2™ with HSB’s ultra-low-latency data streaming, the solution helps simplify sensor fusion and data transmission while supporting high-resolution imaging and real-time visual perception.

As autonomous robotics applications continue to expand, oToBrite is collaborating with industry partners to advance visual perception technologies and deliver comprehensive vision solutions for robotics and unmanned vehicles. oToBrite’s latest products and Vision AI technologies will be on display at ROBOTWORLD 2026, November 4–7, at KINTEX, Hall 5, Booth I30, in South Korea.

 

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SOURCE oToBrite Electronics, Inc.

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Barzan Holdings Joint Venture with Rheinmetall AG, Rheinmetal Barzan Advanced Technologies (RBAT), and Shield AI to advance autonomy on Qatari Unmanned Surface Vessels (USV)

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October 28, 2026

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DOHA, Qatar, Oct. 28, 2026 /PRNewswire/ — Shield AI, a leader in AI-powered mission autonomy, and Barzan Holdings Joint Venture RBAT signed a Memorandum of Understanding (MoU) at Milipol Qatar 2026 to explore the integration of Shield AI’s Hivemind autonomy software into Qatari-designed maritime autonomous defense and security solutions.

This strategic partnership will build on established local capabilities in advanced maritime technologies, combining RBAT’s indigenous engineering expertise with Shield AI’s autonomy solutions into Barzan Holdings solutions.

Shield AI and RBAT will work closely to explore integration of Hivemind autonomy software, leveraging the combined expertise of both companies and building upon Qatar’s established engineering capabilities and technological strengths.

Mimi Shalash, senior director for Hivemind at Shield AI, welcomed the MoU:

“Qatar continues to demonstrate its leadership in maritime defense, leveraging its advanced capabilities to safeguard critical infrastructure while driving innovation in coastal security and defense operations. 

The integration of Hivemind with Barzan Holdings autonomous solutions will expand advanced capabilities and enable coordinated autonomous operations across multiple vessels while optimizing operational efficiency and effectiveness. We are proud to collaborate with RBAT’s highly skilled engineers, combining our respective technological strengths to advance next-generation maritime autonomy.”

Dr. Sinan Al-Obaidi, Chief Executive Officer of Rheinmetall Barzan Advanced Technologies (RBAT) said:

“Autonomy delivers its full value only when it is part of a wider operational picture. Shield AI brings proven, battle-tested autonomy through integrating Hivemind onto Barzan Holdings autonomous solutions. This elevates Qatar from individual unmanned platforms, to coordinated teams of vessels that protect our coastal waters and critical infrastructure.”

The MoU was signed on Day 2 of Milipol Qatar 2026 by Mimi Shalash, senior director for Hivemind at Shield AI, and Dr. Sinan Al-Obaidi, Chief Executive Officer of Rheinmetall Barzan Advanced Technologies (RBAT).

Notes to Editors:

About Shield AI and Hivemind

Founded in 2015, Shield AI is a venture-backed defense-tech company with the mission of protecting service members and civilians with intelligent systems. Its products include Hivemind autonomy software, V-BAT and X-BAT aircraft, and Aechelon simulation and synthetic reality technologies. With offices and facilities across the U.S., Europe, the Middle East, and Asia-Pacific, Shield AI’s technology actively supports operations worldwide.

Hivemind has piloted more than 40 platforms, including F-16s, jet-powered uncrewed aircraft, helicopters, uncrewed surface vessels, ground vehicles, and a satellite in low Earth orbit. This collaboration follows similar partnerships and successful demos with Taiwan’s Thunder Tiger Corp. and with Kraken Technology Group Ltd in the UK for autonomy on maritime platforms.

Media Contact: Serene Koh; media@shield.ai

About Barzan Holdings

Barzan Holdings is a leading defense and security company that aims to strengthen Qatar’s sovereignty and strategic position by investing in the long-term development of its human capital and armed forces capabilities.

As the commercial gateway for the country’s military industry, Barzan Holdings prioritizes impactful collaborations and global partnerships that foster knowledge exchange and investments into innovative defense technologies to keep Qatar at the forefront of present and future market opportunities.

Through its global portfolio of investments and joint ventures, Barzan Holdings serves as a knowledge and technology hub that drives efficiencies in delivery and execution to meet the various needs of Qatar’s defense and security sector.

About RBAT

Founded in 2017, Rheinmetall Barzan Advanced Technologies is a joint venture company between Barzan Holdings and Rheinmetall AG, with the mission of designing, developing and integrating advanced defense and security technologies, leveraging sovereign engineering and software expertise to deliver scalable, AI-enabled, mission-ready systems. RBAT product portfolio includes advanced Command and Control (C2) software, a comprehensive family of unmanned systems (UXV) and field-proven Counter-Unmanned Aircraft Systems (C-UAS) solutions.

For more information on Barzan Holdings and RBAT, please visit the official Barzan Holdings website at www.barzanholdings.com

For media inquiries, please contact: groupcomm@barzanholdings.com

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