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Black Box Innovations Power Control System (PCS) Product Line is Now Certified to UL 3141 and UL 1741 as New NEC Requirements Take Hold

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• This UL listing meets the newest NEC requirements to be used to connect EV chargers and many other high draw electrical devices to an existing electrical panel alleviating costly electrical service upgrades. • Extensive product line has solutions for the control of single and multiple devices as well as solar PV installations of various ratings. Applicable to single and multi-residential (MERB) buildings, and 3 phase commercial structures. • UL 3141 & UL 1741 certification for Black Box Innovations product line, combined with unmatched patented technology, North American manufacturing, international partnerships, and widespread availability through their extensive wholesaler networks makes Black Box Innovations Power Control System product line the industry standard for electrical load mitigation.

CALGARY, AB, June 3, 2026 /PRNewswire-PRWeb/ — Black Box Innovations continues to lead this sector by announcing their patented product line is now UL listed and certified to the newest Power Control System (PCS) standard UL 3141 for the USA, and ULC/ORD-C3141 for Canada. This achievement is in addition to being certified to meet UL 1741 and CSA 22.2 No.14 standards. It is an important development for the continued affordable adoption of home EV charging in single, multi-family residential, and commercial environments as the newest National Electrical Code (NEC) requires electrical load mitigation devices to have this certification. Their products can also be used for the addition of other electrical devices like air-conditioning, heat pumps, water heaters, hot tubs and other appropriate electrical devices allowing them to be added to an existing electrical structure without the need for additional electrical service upgrade costs. In addition to its certified PCS product lines, Black Box Innovations also offers a Combination Splice Box (CSB) designed to complement these systems and expand integration capabilities into solar (PV) applications. Having extensive offerings certified to the most up-to-date safety standards simplifies installation and approval of the product portfolio and ensures the Power Control System (PCS) and Energy Management System (EMS) can provide viable options to significantly reduce installation costs and help avoid the need for expensive electrical service and panel upgrades. This further solidifies our position as the gold standard in this sector of the industry.

UL 3141 & UL 1741 certification for Black Box Innovations PCS product line

Historically, enforcement of purpose-built safety standard requirements was sometimes constrained by lack of market availability of qualifying products. Black Box Innovations’ UL 3141 & UL 1741 certified products solve this as they are now readily available through a broad network of national electrical and HVAC wholesalers in the USA and Canada, making compliant products accessible for electricians and simplifying inspection and safety standards enforcement.

As electrification accelerates, electrical systems are increasingly operating closer to their design limits. Power control systems and energy management equipment are no longer a convenience feature—it is becoming a part of safety critical infrastructure. With the rapid increase in adoption of faster home EV charging and other high draw devices the demand for their products has grown exponentially, as a result they have expanded their operations and increased automation at their production facilities to accommodate this growth. There are also plans to continue to expand further to accommodate anticipated growth throughout 2026 and into 2027. Black Box Innovations expects this certification milestone to also drive increased demand as awareness grows of how their solution both simplifies installation and delivers significant cost savings for electrical and HVAC contractors, commercial building owners, condo boards, and homeowners.

“The team at Black Box Innovations continues to listen carefully to industry stakeholders and then rapidly develop reliable products that balance the need for being quick and easy to install, while also being the most efficient and technically advanced in this industry. Our patent portfolio, technology advancements and the product lines that come from them, continue to be trusted by both our loyal customers and some of the largest manufacturers of electrical products in the industry,” said Taner Cairns, CEO. He continues, “But we are not done. We are committed to build on this solid foundation as we continue to look forward to a brighter future.”

Black Box Innovations has also recently launched a network of approved installers across the USA and Canada to provide assurance of installation compliancy. Although our products are designed to be easily installed by any qualified personnel, these authorized installers provide manufacturer education and testing as well as access to advanced tools and software to further fine tune and diagnose product installations to achieve excellence even in the most complicated installations.

For more information on Black Box Innovations products, installation and training please see www.blackboxinnovations.com or call 1 833 325 5269.

An Industry Reaching Maturity — Moving Beyond General-Purpose Standards

This sector of the electrical industry is maturing rapidly. Historically, products in the broader energy management systems category were evaluated under an insufficient general-purpose industrial control standard such as UL 508, and CSA C22.2 No. 14 or inappropriate standards such as UL 916. These standards were not created to verify essential safety functional performance, component specific safe usage, and the fail-safe behavior of modern Power Control Systems that actively work to protect service conductors, feeders, and busbars.

The new UL 3141 standard addresses this gap with application-specific performance-oriented verification. Readily understandable examples of the safety improvements enabled by UL 3141 evaluation include:

Service-entry monitoring device requirements that drive the use of properly rated current transformers (CTs) suitable for installation and operation associated with electrical service conductors.Verification testing that confirms a device operates in accordance with this new standard and the manufacturer’s specifications, rather than assuming correct behavior that is self-declared by the manufacturer.Verification of fail-safe behavior under abnormal conditions, including fault detection and diagnostic indicators intended to support installation verification and troubleshooting.

Without the basic critical safety features contained in the standard, many products currently on the market may not operate safely.

Black Box Innovations Continues To Go Beyond Minimum Requirements: Protecting Long-Term Electrical System Health

While UL 3141 establishes a robust baseline for safety and performance, Black Box Innovations continues to go beyond these requirements and has implemented additional innovative protective and efficiency measures that provide better protection and extended run times, including:

AI-Predictive Thermal Modeling for longer run times without sacrificing safety. While other devices are simple threshold on/off systems or operate to intentionally keep your electrical service running at red line all the time, Black Box Innovations employs predictive technology to allow the electrical equipment to cool appropriately when needed, while still allowing the system to avoid nuisance tripping when common events happen, like high current draw when motors start. This proprietary system reduces long term thermal stress of electrical equipment both inside and outside the installation site.Thermal Runaway Protection which detects improper installation conditions and takes steps to ensure safety while alerting the users so remediation can take place and catastrophic failures are avoided.AI-Enhanced Multistage Continuous Integrity Verification of Current Transformers is designed to more accurately detect abnormal conditions and alerts the user to have these critical devices checked to ensure safe operation while reducing false readings.Adjustable Anti-Short Cycling Prevention. This is an important function that prevents damage to equipment by allowing the installer to adjust the time consideration after an overload but before energizing the devices being controlled, thus avoiding damage to the end device by quick on and off cycles.

These proprietary measures are designed to reduce long-term stress on the electrical structure, lower maintenance requirements, and decrease the likelihood of premature failures while increasing operating time of the devices being controlled.

Inventor-Led Technology, Patents, and Global Licensing Adoption

Black Box Innovations has invested and pioneered much of the technology in this class of Power Control Systems and Energy Management technology and holds patents in both Canada and the United States to that effect.

To facilitate the dramatic increase in demand internationally Black Box Innovations patented technology is licensed to some of the largest electrical manufacturing brands in the world, reflecting additional rigorous third-party validation and compliance-driven applications. Today you can find the Black Box Innovations brand on these licensed products in many jurisdictions. This also helps to elevate our trusted brand as we continue to scale our own product line through broad North American deployment while establishing new markets and partnerships.

Proudly Designed, Manufactured in North America

In a modern world of increasingly complex supply chains, Black Box Innovations’ entire product line is proudly designed and manufactured in the USA and Canada.

For electricians, wholesalers, and inspection authorities, this matters because it supports better quality control, traceability, faster technical support, and long-term availability of safety-critical parts and products. It also aligns product development with North American codes and standards, field practices, and inspection realities while supporting our shared North American economies.

About Black Box Innovations

Black Box Innovations develops and manufactures patented Power Control Systems and Energy Management solutions that enable safe, cost-effective electrification of single and multi-residential buildings, as well as commercial applications. Designed with the installer’s needs at the forefront, Black Box Innovations’ products support EV charging and other high-demand installations while helping maintain compliance with applicable North American electrical codes and providing for the best customer experience. Innovation is not just in our name; it is part of our corporate DNA.

Media Contact
Jasmine Norgaard, Black Box Innovations, 1 8333255269, jasminen@blackboxinnovations.com, blackboxinnovations.com

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SOURCE Black Box Innovations

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Australian Investors Want Innovation, But Structural Barriers are Holding Them Back, New Report Finds

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SYDNEY, June 10, 2026 /PRNewswire/ — Australian investors are very optimistic about innovation-led investments, with 9 in 10 reporting a moderate-to-high risk tolerance, according to a new report released today by Black Tie.

The Future of Funding & Innovation Report 2026-27 is Australia’s first dedicated report canvassing investor sentiment across funding and innovation. It draws on survey responses from 100 Australian investors and in-depth interviews with industry leaders.

The report’s findings paint a picture of a sophisticated, capital-ready investment community being held back by information gaps, regulatory friction, and limited access to quality deal flow with top barriers including a lack of reliable and transparent information (26%), high perceived risk (24%) and insufficient capital (19%).

Caroline Macdonald, Founder and CEO of Black Tie Holdings Group, says the findings revealed a critical disconnect at the heart of Australia’s investment and innovation landscape.

“Australian investors are ready to deploy capital into innovation right now. The appetite and risk tolerance is there, and the sectors are clear, with technology, health and biotech, clean energy, and FinTech top of mind. What’s missing is the infrastructure to connect investors with the right opportunities at the right time.”

“Digital marketplaces and tokenisation are a direct solution to this problem, as they reduce information asymmetry and broaden access to high-quality investment opportunities,” she adds.

The report highlights Australia’s underperformance in R&D relative to OECD peers as a structural concern. Despite a government R&D Tax Incentive program supporting approximately 14,000 companies annually at a cost of $4 billion, many eligible businesses remain unaware of their entitlements.

Marty Gauvin, Principal Advisor of R&D Certainty and one of the report’s featured industry experts, said the issue runs much deeper than awareness. “A comfortable life can lead to complacency. Businesses are often receiving very conservative advice and missing out on the government-led support that’s consistent with their goals. We need to elevate the R&D conversation at every level: government, business, and advisory,” he says.

The report also identifies tokenisation of real-world assets as one of the most significant opportunities for Australian investors and businesses in the near term, enabling fractional investment, secondary trading, and broader access to previously illiquid asset classes.

Karan Bhai, Vice President of Products and Delivery at Antier Solutions, explains: “Over the next three to five years, tokenisation will move from being a blockchain narrative to becoming a financial markets standard.”

The report calls on Australian investors, businesses, and government to close the gap between investor demand and quality investment opportunity to advance Australia’s innovation agenda. The Future of Funding & Innovation Report 2026-27 is available at https://blacktie.digital/industry-reports

About Black Tie

Black Tie Holdings is a Sydney-based digital capital markets business specialising in the tokenisation and management of real-world assets. Its Capital Markets Stack, comprising BT Asset Hub, BTX Markets, BTSmart, and BT Treasury, provides end-to-end infrastructure for innovation-led investment across property, resources, technology ventures, and digital infrastructure. Learn more at blacktie.digital.

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SOURCE Black Tie

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Rocket Companies Announces Upsizing and Pricing of Senior Notes due 2031 and Senior Notes due 2034

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DETROIT, June 9, 2026 /PRNewswire/ — Rocket Companies, Inc. (NYSE: RKT) (the “Company”), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today priced its previously announced private offering of $900,000,000 aggregate principal amount of 6.125% senior notes due 2031 and $600,000,000 aggregate principal amount of 6.500% senior notes due 2034 (collectively, the “Notes” and such offering, the “Offering”). The aggregate principal amount of the Notes to be issued was increased to $1.5 billion from the previously announced $1.2 billion.

The Notes will initially be fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by each of the Company’s direct and indirect domestic subsidiaries that are guarantors under the Company’s existing senior notes.

The Offering is expected to close on June 16, 2026, subject to certain customary conditions.

The Company intends to use the proceeds from the Offering to repay Rocket Mortgage, LLC’s 2.875% Senior Notes due 2026 (the “2026 Rocket Mortgage Notes”), Rocket Mortgage, LLC’s 5.250% Senior Notes due 2028 (the “2028 Rocket Mortgage Notes”) and certain other indebtedness of the Company and its subsidiaries.

The Company issued conditional notices of redemption for the entire outstanding principal amount of each of the 2026 Rocket Mortgage Notes and the 2028 Rocket Mortgage Notes to be redeemed on or about June 19, 2026 and July 9, 2026, respectively, at a redemption price equal to 100.0% of the principal amount of the applicable notes to be redeemed, plus accrued and unpaid interest to, but excluding, the applicable redemption date. Each redemption is conditioned on the closing of the Offering.

This press release does not constitute a notice of redemption with respect to the 2026 Rocket Mortgage Notes or the 2028 Rocket Mortgage Notes.

The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, to non-U.S. investors pursuant to Regulation S. The Notes and related guarantees will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or in a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, which involve risks and uncertainties. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts, including statements regarding the Offering, our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management and expected market growth are forward-looking statements. As you read this press release, you should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions, including those described under the heading “Risk Factors” in our Annual Report on the Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission (the “SEC”) on March 2, 2026, and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, submitted to the SEC on May 11, 2026. Although we believe that these forward-looking statements are based upon reasonable assumptions, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release. We expressly disclaim any intent, obligation or undertaking to update or revise any forward-looking statements made herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements contained in this press release.

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SOURCE Rocket Companies, Inc.

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Teen-Founded Nonprofit Busy Buzzy Bots Reaches 11,000+ Kids Through STEM Education–and It Is Just Getting Started

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Sparking curiosity among underprivileged students through hands-on STEM education.

SAN FRANCISCO, June 9, 2026 /PRNewswire/ — STEM education has become an increasingly important part of today’s world, but for many students, it still feels distant, overly academic, or inaccessible. Without opportunities to build, experiment, and explore hands-on projects, many underserved children never develop an interest in science and technology. Youth-led nonprofit Busy Buzzy Bots (BBB) was created to help spark that curiosity.

Addressing Community Needs With BBB

During the COVID-19 pandemic in 2020, Bay Area students Saahithi Madhuvarsu and Saaketh Madhuvarsu identified a gap in STEM accessibility affecting underserved K-12 students. While still students themselves, the siblings helped establish Busy Buzzy Bots to provide more direct access to STEM education opportunities for children in under-resourced communities.

“BBB addresses this through hands-on community workshops, affordable STEM kits, and a volunteer network that helps bring STEM learning directly to underserved students,” Saahithi stated.

An Organization Dedicated to STEM Accessibility

Busy Buzzy Bots is led by young founders who believe students become excited about STEM when they are allowed to create firsthand. Saahithi and Saaketh developed the organization to make STEM learning more engaging and accessible for students who may not otherwise have exposure to robotics kits or coding programs.

The nonprofit operates primarily through volunteer support, allowing donations and resources to remain focused on student programming. Through workshops, mentorship initiatives, STEM kits, and coding activities, BBB works directly with students and educators in underserved communities.

Measurable Impact in the San Francisco Bay Area

Busy Buzzy Bots has grown from a student-led initiative into a STEM nonprofit with measurable community impact across the San Francisco Bay Area. To date, BBB reports that it has directly helped more than 7,500 underprivileged children, distributed 800+ STEM kits, and conducted more than 55 workshops and community events focused on hands-on STEM learning.

In addition to STEM kits, BBB organizes coding camps and interactive workshops intended to introduce students to practical STEM applications in an accessible setting. The organization states that these initiatives are designed to help students build familiarity with coding, engineering concepts, and problem-solving skills through direct participation.

“Over the years,” Michael Wittner wrote for Patch, “Busy Buzzy Bots has developed and distributed DIY STEAM kits that teach children essential science and engineering skills through fun and creative projects. From building small robots to experimenting with electric circuits, these kits are designed to spark curiosity.”

Awards and Accolades

For its contributions in the nonprofit space, BBB has received recognition for its work. Most notably, the organization was acknowledged as a Top-Rated nonprofit by GreatNonprofits in 2024. BBB has also been invited to exhibit at Maker Faire for four consecutive years and was recently recognized among the event’s frequent exhibitors, a nod to its growing presence in youth-led STEM education initiatives. These milestones reflect BBB’s momentum within the San Francisco Bay Area and its continued impact in STEM education.

BBB has also received multiple awards at children’s business fairs and community events for originality, creativity, and community impact. These milestones reflect BBB’s momentum within the San Francisco Bay Area and its continued impact in STEM education.

Saaketh states that community volunteers continue to play an important role in helping expand workshops, distribute STEM kits, and mentor students participating in BBB programming.

Ambition for the Future

As Saahithi Madhuvarsu and Saaketh Madhuvarsu continue growing Busy Buzzy Bots, the organization plans to expand its reach through additional workshops, coding camps, STEM kits, volunteer engagement, and community partnerships across underserved communities.

BBB states that its long-term goal is to help reach 10,000 underserved students by 2030 through continued growth in coding camps, STEM kit distribution, workshops, and community partnerships. Through these initiatives, the organization aims to increase access to STEM education for students who may otherwise face barriers to participation.

Media Contact:
Busy Buzzy Bots
Vidya Madhuvarsu
busybuzzybots@gmail.com
San Francisco, CA

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