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PATEO Teams Up with Xunce Technology and Saimo Technology to Define a New Paradigm for In-Vehicle AI Value Exchange

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2 months ago

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SHANGHAI, June 8, 2026 /PRNewswire/ — On June 8, PATEO (02889.HK) disclosed a voluntary announcement, announcing that it has signed a tripartite strategic cooperation framework agreement with Xunce Technology and Saimo Technology. The three parties will integrate their core capabilities in in-vehicle terminals, simulation testing, data settlement, and AI large models to jointly develop a physical AI world model based on tokens. Furthermore, they will expand the token-based world model alliance to build a closed-loop industrial system encompassing “edge-side hardware + simulation testing + data infrastructure + token settlement + commercial operations.”

Confronting In-Vehicle AI Commercial Closed-Loop Challenges through Tripartite Collaboration

Currently, the integration of AI large models into vehicles has become a defining trend in the intelligent vehicle industry; however, how AI services in in-vehicle scenarios can achieve a sustainable commercial closed-loop remains in an exploratory stage for the industry as a whole. This cooperation is precisely aimed at solving this proposition.

This time, the three parties will carry out full-chain cooperation around the in-vehicle token economy: from co-building edge-side token infrastructure, extending token pricing models to in-vehicle scenarios, to building a unified token settlement and clearing center, promoting deep integration with operating systems, and jointly developing TokenOS and a physical AI world model. The jointly developed technical modules are uniformly named “PATEO-Xunce-Saimo TokenOS Enhancement Modules,” with relevant brands, intellectual property rights, and commercial rights and interests jointly owned, operated, and shared by the three parties.

From a technical perspective, the capabilities of the three cooperating parties are highly complementary. As an AI solution provider featuring “software, hardware, chip, and cloud integration,” PATEO will contribute in-vehicle terminals, cockpit systems, and edge-cloud synergy capabilities; as a real-time data infrastructure service provider, Xunce Technology, leveraging its full-chain AI data infrastructure capabilities and relying on the TokenOS operating system, will provide core services that integrate token value measurement, dynamic settlement, and standardized billing; Saimo Technology possesses a vast amount of high-value scenario data, a full-stack simulation testing toolchain, and national-level testing site resources, and will provide a simulation validation environment for model training and the implementation of algorithm verification.

In addition, the three parties have also jointly built the first full-stack value closed-loop alliance within the NVIDIA ecosystem: PATEO is responsible for in-vehicle computing power support and world model deployment based on the NVIDIA computing platform; Xunce Technology enables GPU computing power and AI service token measurement as well as full-chain value circulation; Saimo Technology provides simulation compliance validation. This layout completely connects the chain from the computing foundation and simulation validation to token settlement and commercial monetization.

Building TokenOS Enhancement Modules to Reshape Underlying Value Exchange Infrastructure

This agreement specifies nine cooperation directions, which revolve around the full-chain value exchange and commercial closed-loop of the in-vehicle token economy, and ultimately converge on the “PATEO-Xunce-Saimo TokenOS Enhancement Modules”—an edge-side token economy infrastructure oriented to in-vehicle scenarios.

The core breakthrough of this system lies in breaking the traditional hardware-based one-time buyout profit model, replacing it with a brand-new business paradigm characterized by token-based, pay-per-actual-usage billing and multi-party revenue distribution, thereby building a token value circulation system, activating the asset value of in-vehicle data, technology, scenarios, and the like, pioneering brand-new profit channels, and optimizing the overall income structure.

This transformation is not happening in isolation. According to the policy signal from the National Data Administration in March 2026, which officially designated tokens as “ciyuan” (word elements), the token economy has escalated from a technical concept into the national strategic vision. As the token economy continues to be implemented, a trillion-level emerging service market is taking shape at an accelerated pace. The three parties joining forces at this moment to lay out the in-vehicle token economy perfectly coincides with the industry’s turning point from technical verification to large-scale commercial use.

PATEO has previously launched a forward-looking layout around the “token economy model.” The company formerly entered into a deep partnership with NVIDIA to deploy the AI Box based on the NVIDIA DRIVE AGX Thor accelerated computing platform, exploring innovative business modes such as computing power charging and in-vehicle token billing. This deep cooperation with Xunce Technology and Saimo Technology is precisely the continuation and upgrade of the aforementioned strategy, which will further open up the full-chain closed-loop.

This cooperation is a key layout for the company to implement its “software, hardware, chip, and cloud” integration strategy. The company is advancing with full force the joint research and development of the in-vehicle physical AI world model, while partnering with various parties to expand the token-based world model alliance to gather industrial power, thereby co-building a technological ecosystem. Relying on the full layout of optical interconnection, AI computing power, intelligent applications, and value settlement, the company’s comprehensive competitiveness will be further enhanced, laying a solid foundation for its medium- and long-term development.

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SOURCE PATEO

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Military Wallet Launches New Mobile App to Help Military Families Take Control of Their Financial Lives

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10 minutes ago

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July 27, 2026

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All-in-one app combines credit monitoring, identity protection and money management tools designed specifically for service members, Veterans and their families

COLUMBIA, Mo., July 27, 2026 /PRNewswire/ — The Military Wallet today announced the launch of the Military Wallet mobile app, an all-in-one financial wellness platform that helps service members, Veterans and military families monitor their credit, protect their identity and manage their financial well-being.

The app combines credit monitoring, identity protection and money management tools in one place. Free and Premium membership options provide flexible levels of monitoring, protection and support, helping users stay financially prepared from active duty through the transition to civilian life.

“Military families face financial challenges that are different from those of most Americans—from frequent moves and deployments to transitions into civilian life,” said Ryan Guina, founder of The Military Wallet. “The Military Wallet app was built to give them practical tools that help simplify financial management, protect their personal information and provide greater confidence in their financial future.”

The app offers an integrated suite of financial tools, including:

Access to FICO® Score 4 and a detailed credit reportReal-time credit monitoring and score insightsCredit score simulation and personalized score coachingDebt analysis and recommendations for improvementDark web monitoring for exposed personal informationNeighborhood monitoring and security alertsSubscription tracking to identify recurring charges

Premium members receive enhanced financial protection and monitoring, including:

Three-bureau credit monitoringIdentity theft protection with insurance and restoration servicesSocial Security number and address monitoringOngoing personal data monitoring and removal from data broker sitesSubscription cancellation tools

The app complements the trusted educational resources available through TheMilitaryWallet.com by providing personalized financial monitoring and actionable insights in a mobile experience.

The Military Wallet joins the growing number of digital tools helping consumers proactively manage their finances.

The Military Wallet app is available now for download on the App Store and Google Play.

About The Military Wallet
TheMilitaryWallet.com provides personal finance guidance and military benefits information to help service members, Veterans and their families make the most of their money. From VA loans and military pay to insurance, investing and retirement planning, the site delivers expert-reviewed resources covering every stage of military life spanning enlistment through retirement.

View original content to download multimedia:https://www.prnewswire.com/news-releases/military-wallet-launches-new-mobile-app-to-help-military-families-take-control-of-their-financial-lives-302835486.html

SOURCE Military Wallet

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The ePlane Company Strengthens Its Supply Chain and Strategic Partnerships at Farnborough International Airshow 2026

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11 minutes ago

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July 27, 2026

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Electrical Wiring interconnection systems (EWIS): SASMOS HET Technologies signed an MOU with The ePlane Company to collaborate on EWIS engineering and industrialisation for the e200X.Fasteners: Ankit Fasteners Private Limited became a strategic partner supplying aerospace-grade fasteners for the e200X.Avionics: The ePlane Company showcased its ongoing strategic partnership with HENSOLDT Avionics, first announced in February 2026.Composite Materials: Azista became a strategic partner supplying composite materials for the e200X.Modular Interiors & Seating: AMS Heli Design became a strategic partner supporting modular interior and seating solutions for the e200X.

FARNBOROUGH, England, July 27, 2026 /PRNewswire/ — Fresh off the milestone public unveiling of its first full-scale prototype, the PT-01, The ePlane Company (Ubifly Technologies Private Limited), India’s leading developer of electric Vertical Takeoff and Landing (eVTOL) aircraft, today announced a series of strategic partnerships at the Farnborough International Airshow (FIA 2026), held 20-24 July.

Every Great Aircraft Is Built on Great Partnerships

At Farnborough International Airshow 2026, The ePlane Company strengthened the ecosystem behind the e200X – formalizing strategic partnerships with a set of key vendors and collaborators across its supply chain, spanning materials, avionics, medical interiors, and other critical systems. These agreements mark an important step in strengthening ePlane’s Make in India ecosystem of trusted partners as it advances toward its next phase of development and certification.

Electrical Wiring interconnection systems (EWIS): SASMOS HET Technologies

The ePlane Company and SASMOS HET Technologies have signed a Memorandum of Understanding to work together on Electrical Wiring Interconnection Systems (EWIS) engineering, design, and industrialisation for the e200X, with the intent to progress toward a definitive agreement as the collaboration matures. The partnership is expected to cover areas such as harness architecture, design for manufacturability, prototype evaluation, and certification readiness, laying the groundwork for a deeper technical relationship as the e200X program advances. The partnership will also explore in the domains of mission critical electronics integrated system such as Overhead circuit breaker panels, High voltage power distribution units, electronic speed controllers & motor controllers

Aerospace-Grade Fasteners: Ankit Fasteners

Every aircraft is only as strong as its smallest connection. The ePlane Company has entered into a strategic partnership with Ankit Aerospace Private Limited to supply aerospace-grade fasteners for the e200X – these precision-engineered components that hold the aircraft together and keep every critical joint safe under flight loads.

Ankit Aerospace brings global-grade precision manufacturing to the Indian ecosystem. The company has proven its mettle, supplying mission-critical fastening components to ISRO, HAL, NAL, and DRDO, making it a natural partner as ePlane builds a truly Made-in-India electric aircraft from the ground up.

Avionics: HENSOLDT Avionics

The ePlane Company also showcased its ongoing strategic partnership with HENSOLDT Avionics for the e200X, first announced in February 2026. HENSOLDT continues to supply its avionics suite and flight radar for the aircraft, supporting the e200X’s navigation, situational awareness, and connectivity requirements as it advances toward certification.

Composite Materials: Azista

The ePlane Company has entered into a strategic partnership with Azista Composites for the supply of composite materials for the e200X, including carbon fiber prepregs and glass prepregs supporting airframe and radome applications. Beyond supplying from its existing product range, Azista’s ability to configure material specifications to ePlane’s specific requirements, backed by short lead times, makes it a valuable partner as the e200X’s airframe and radome development progresses.

Modular Interiors & Seating: AMS Heli Design

The ePlane Company has entered into a strategic partnership with AMS Heli Design to explore modular interior and seating solutions for the e200X, capable of supporting multiple mission configurations including air ambulance, air taxi, cargo, and VIP use cases. This expertise is expected to support ePlane’s goal of a single airframe capable of efficiently serving multiple use cases – from air ambulance to air taxi, cargo, and VIP transport.

Leadership Commentary

“‘These partnerships reflect the strength and depth of the ecosystem we’re building around the e200X. From wiring and fasteners to avionics, composites, and interiors, each of these relationships strengthens our path toward a certifiable, Made-in-India electric aircraft.”
— Prof. Satya Chakravarthy, Founder & CTO, The ePlane Company

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Zum Hosts Philadelphia Open House Hiring Event Ahead of 2026-27 School Year

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July 27, 2026

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Three-day event offers on-site interviews, competitive pay and benefits, and the opportunity to tour Zum’s next-generation, air-conditioned school bus

PHILADELPHIA, July 27, 2026 /PRNewswire/ — Zum, a leader in modern student mobility, will host a three-day Open House Hiring Event to recruit Zum-employed school bus drivers and attendants who will support Zum’s launch of home-to-school transportation services for the School District of Philadelphia in the 2026–27 school year.

The event will take place Tuesday, July 28 through Thursday, July 30, from 8:00 a.m. to 4:00 p.m., at Unique Experience Social Space, 2823 E. Schiller Street, Philadelphia, PA 19134.

Experienced school bus drivers and monitors, those just starting their career, and those looking for new career opportunities, are all welcome to attend. Candidates will have the opportunity to interview on site and may receive an offer letter within three days.

Open positions include:

School Bus Drivers: $30.23–$37.33/hourBus Attendants: $20.10–$30.00/hour

Drivers and attendants also receive:

Medical, dental, vision, and 401(k) benefitsFive guaranteed hours per dayA modern fleet of air-conditioned, state of the art school busesA supportive team environment and technology designed to make every day easier

As Zum expands in Philadelphia, the company is building more than a transportation operation—it’s building a team of local professionals dedicated to helping students get to school safely, reliably, and on time.

Designed with drivers in mind, Zum’s next-generation buses feature air conditioning, ergonomic seating, turn-by-turn navigation on an easy-to-use driver tablet, and tools that simplify daily operations. Zum’s Connected Mobility Experience (CMX) also keeps families informed with real-time updates and proactive notifications, allowing drivers to stay focused on what matters most—getting students safely to and from school.

“At Zum, we know our drivers are the heart of everything we do,” said Missy Lash, General Manager at Zum. “We are proud to offer competitive pay, excellent benefits, a modern fleet of air-conditioned buses, and the tools drivers need to succeed. Whether you are an experienced driver or new to the profession, we will provide the training and support to help you build a rewarding career while making a real difference for students and families.”

“I love driving and being out on the road rather than being stuck in an office. It feels like you’re your own boss,” said Mark C., a Zum driver. “Going through Zum’s training program prepared me really well for the job. Joining Zum has been a smart choice—it’s not just a job, it’s a rewarding career.”

Today, more than 6,500 schools across 18 states have relied on Zum’s Connected Mobility Experience (CMX) platform to deliver safer, more reliable, and more transparent student mobility.

Members of the media are invited to attend the event, interview Zum leadership and get a first look at Zum’s next-generation, air-conditioned school bus—designed to provide drivers with modern tools and families with greater peace of mind.

About Zum

Zum is revolutionizing mass mobility with its Connected Mobility Experience (CMX) system that connects and coordinates people, vehicles, and operations in real time. In the student mobility market—the largest segment of the mass mobility industry—Zum CMX is transforming a daily source of anxiety and disruption into a reliable, transparent, and efficient mobility experience for students and families. Learn more at www.ridezum.com.

Today, more than 6,500 schools in 18 states have relied on the Zum CMX system. Recognized globally for its innovative approach and operational execution, Zum has been named to Fast Company’s World’s Most Innovative Companies, CNBC Disruptor 50 and Changemakers, the World Economic Forum, and the Financial Times’ Fastest Growing Companies lists. Zum is backed by leading investors including Sequoia Capital, GIC, SoftBank, and TPG.

Media Contact

Jenny Mayfield
VP, Communications, Zum
Press@ridezum.com

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SOURCE Zūm

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