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Relativity Acquires Gavel to Extend its AI Platform for Legal Data Intelligence into Microsoft Word

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Relativity has acquired Gavel, an AI-native legal technology company whose solutions are used by thousands of legal professionals to draft, review and automate legal work product.With the integration of Gavel, work product created in RelativityOne and Relativity aiR could be opened, drafted, edited, redlined and finalized inside Microsoft Word, with each edit syncing back to the matter in RelativityOne.The Gavel team joins Relativity, bringing deep expertise in AI-native drafting, document automation and the Microsoft Word experience that lawyers depend on.

CHICAGO, June 12, 2026  /CNW/ — Relativity, a legal data intelligence company, today announced its acquisition of Gavel, an AI-native legal technology company whose solutions are used by thousands of legal professionals to draft, review and automate work product directly in Microsoft Word and on the web. Through the acquisition, Relativity plans to extend its AI platform for legal data intelligence into Microsoft Word, helping keep work product connected to the data and context behind matters.

“We believe that Relativity’s role as a driving force in legal AI innovation requires investing in the technology and people that create real value for our customers and partners. We’re delivering on that through Rel Labs, our partnership and startup investment program, and strategic moves like this one,” said Phil Saunders, CEO of Relativity. “This acquisition enhances our ability to support a wider arc of legal work, in the place where lawyers spend most of their time. The Gavel team is exceptional, and we’re excited to come together and bring what they’ve built to the Relativity community.”

RelativityOne serves as the AI platform for legal data intelligence and the system of action where teams organize, analyze and act on the evidence at the heart of their most important matters. Yet the documents that follow from that work–motions, briefs and contracts–have historically remained in Microsoft Word, separate from the data and context that shaped them. With Relativity’s integration of Gavel, that work should no longer need to leave the platform, deepening attorney engagement with RelativityOne across the full matter lifecycle.

Work product generated by Relativity aiR for Case Strategy, aiR Assist and more could become editable directly in Microsoft Word, enabling lawyers to refine, route for comments and redlines, and finalize documents within their natural workflow. Every change could sync back to the matter in RelativityOne, creating a more connected experience where legal intelligence and the work product it shapes move together.

“With Gavel, drafting and collaboration happen directly in Microsoft Word. Once integrated with RelativityOne, that work could happen against the full context of the matter, with edits syncing back to the platform,” said Chris Brown, Chief Product Officer at Relativity. “We would be taking the system of action that lawyers already rely on and extending it into the surfaces where they actually do the work.”

Gavel was founded by Dorna Moini, a former associate at Sidley Austin LLP, who began building document automation tools for pro bono clients and eventually grew Gavel into an AI-native platform used by legal teams worldwide. Gavel’s Chief Technology Officer, Pierre Martin, joined the company in 2022, bringing deep experience at the intersection of AI and enterprise software, with previous leadership and executive roles at Microsoft, Amazon and high-growth startups. Now, the Gavel team joins Relativity with a shared commitment to helping legal professionals work smarter, move faster and act with greater confidence.

“This is an exciting next chapter for Gavel employees and our customers,” said Dorna Moini, Founder and CEO of Gavel. “Joining Relativity gives us an unrivaled opportunity to scale our shared vision for the industry, build faster and bring our technology to more legal teams. Relativity’s footprint, data platform and deep trust across the legal industry will help us take everything we’ve built at Gavel to the next level.”

Law firms and organizations across 28 countries use Gavel to draft, edit and automate legal work product with a combination of generative AI and rules-based workflows. Operating in Microsoft Word and on the web, Gavel supports drafting, contract review, redlining and analysis with contextual guidance grounded in legal norms and playbooks, helping work product stay consistent with firm standards and connected to the most relevant information.

Relativity’s immediate focus is on thoughtful integration and continuity for customers. The company intends to maintain Gavel’s regular operations while bringing its capabilities into RelativityOne over time.

About Relativity 
Relativity is a leading legal data intelligence company that builds technology to help users organize data, discover the truth, and act on it. Its extensible, AI cloud platform, RelativityOne, transforms complex data into actionable insights at massive scale for litigation, investigations, regulatory inquiries, data breach responses, and other legal use cases. The world’s largest law firms and corporations, government agencies, and a robust network of channel partners rely on Relativity’s legal AI software to securely surface and manage the most relevant and impactful information in their matters. The company also expands access to technology by providing its platform at no cost to academic institutions through its Relativity Academic program and to organizations supporting pro bono legal work through its Justice for Change initiative. 

CONTACT: PR@relativity.com

 

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SOURCE Relativity

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Luxel Corporation Appoints KOS, Inc. as Exclusive Distributor in South Korea

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FRIDAY HARBOR, Wash., June 12, 2026 /PRNewswire/ — Luxel Corporation, a global leader in the design and manufacture of ultrathin freestanding polymer and metallized optical bandpass filters, today announced the appointment of KOS, Inc. as its exclusive distribution partner for South Korea, effective immediately.

This partnership marks a significant milestone in Luxel’s international expansion, aiming to elevate the local customer experience, streamline regional communication, and provide accelerated response times to a rapidly growing South Korean market.

Under the new agreement, KOS, Inc. will serve as Luxel’s primary commercial representative in South Korea, supporting commercial operations, logistics, customer relations, and sales and marketing efforts. The collaboration seamlessly pairs Luxel’s world-class manufacturing and engineering expertise with KOS, Inc.’s deeply rooted, dedicated local market presence.

“We are thrilled to partner with KOS, Inc.,” said Adrian Polliack, PhD, President of Luxel Corporation. “Their exceptional team is uniquely positioned to serve our broad customer base in South Korea, delivering the high-touch local support and value our customers expect.”

DaeHee Choi, President of KOS, Inc., shared the enthusiasm: “We have extensive experience supporting customers in the optical systems industry. We are excited to represent Luxel in South Korea and believe the combination of Luxel’s technology and our local market expertise will create significant value for customers.”

The partnership is designed to bridge the gap between regional customer needs and technical execution. Brett Paul, Luxel’s Business Development Manager, added: “By combining KOS, Inc.’s dedicated local presence with Luxel’s technical expertise, we are creating a more responsive and efficient customer experience, while continuing to deliver the precision solutions our customers rely on.”

About Luxel Corporation

Since 1975, Luxel has been a premier global innovator in the design and manufacture of ultrathin freestanding polymer and metallized optical bandpass filters. Luxel’s advanced technology supports mission-critical applications across semiconductor EUV lithography, fusion energy research, spaceflight missions, and scientific exploration. In addition to its core filter technology, Luxel provides specialized polymer supports for microscopy and high-performance physical vapor deposition furnaces. Luxel pairs sophisticated technical design with world-class manufacturing to deliver high-quality, ultra-reliable solutions worldwide. For more information, visit the company’s website.

About KOS, Inc.

For over 20 years, KOS, Inc. has been a leading supplier of high-tech optical systems and laboratory supplies in South Korea. The company specializes in precision technology used in scientific research, advanced microscopy, and light measurement technologies, including lasers, spectrometers, and CCD cameras. Headquartered in Hanam City, just outside of Seoul, KOS Inc’s longstanding presence in the scientific instrumentation and optical systems markets make it uniquely positioned to support Luxel’s growing customer base in South Korea.

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SOURCE Luxel Corporation

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Bitmine Immersion Technologies Announces Initial Dividends and NYSE Listing for Series A Preferred Stock

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Bitmine’s Board of Directors declares initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred StockSeries A Preferred Stock approved for listing on the New York Stock Exchange under the symbol “BMNP” with trading expected to commence on Tuesday, June 16, 2026

NORWALK, Conn., June 12, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) announced today that its Board of Directors has declared the initial cash dividends on the Company’s 9.50% Series A Perpetual Preferred Stock (CUSIP: 09175D 200) (the “Series A Preferred Stock”).

The initial dividend, which represents accumulated regular dividends from the initial issue date of June 10, 2026, will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The initial dividend of $0.316667 per share will be paid on June 22, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 12, 2026.

The Company further announced that the Board of Directors also declared the second weekly cash dividend of $0.105556 per share on the Series A Preferred Stock, which will be paid on June 26, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 16, 2026.

The Company also announced that the Series A Preferred Stock has been approved for listing on the New York Stock Exchange and will begin trading on Tuesday, June 16, 2026 under the ticker symbol “BMNP”. Equiniti Trust Company, LLC serves as the transfer agent, registrar and paying agent for the Series A Preferred Stock.

About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “projects,” “projected,” “intends,” “believes,” “anticipates,” “estimates,” and similar expressions. This document specifically contains forward-looking statements regarding the Company’s dividend payments on the Series A Preferred Stock, the listing and commencement of trading of the Series A Preferred Stock on the New York Stock Exchange, and the Company’s digital asset accumulation strategy and staking operations. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to finance its current business, Ethereum treasury operations, and proposed future business; market conditions affecting the trading price of the Company’s common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company’s staking operations; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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SOURCE Bitmine Immersion Technologies, Inc.

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Arcanus Aerial Systems Appoints Rahim Rajwani as Interim Chief Executive Officer to Lead Company Through Planned U.S. Public Listing

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Capital Markets Veteran Joins as Arcanus Advances Toward a Nasdaq Listing on the Strength of Signed Production Contracts, Sovereign Procurement Programs, and an Expanding NATO-Aligned Manufacturing and Partner Ecosystem

TORONTO, June 12, 2026 /CNW/ – Arcanus Aerial Systems Inc. (“Arcanus” or the “Company”), a sovereign Canadian defence technology company specializing in advanced unmanned aerial systems, counter-UAS, and integrated battlefield solutions for NATO and allied markets, today announced the appointment of Rahim Rajwani as Interim Chief Executive Officer, effective June 11th, 2026.

Mr. Rajwani joins the executive team at a pivotal moment for Arcanus. The Company is advancing preparations for a planned listing on a major U.S. stock exchange while executing against a rapidly expanding base of contracted production, sovereign procurement engagements, and strategic manufacturing partnerships across Canada, Europe, and allied markets. His appointment places dedicated capital markets and public company leadership at the top of the organization through this critical phase, while the Company’s operational leadership remains focused on program delivery and manufacturing scale-up.

A LEADER BUILT FOR THE PUBLIC-COMPANY TRANSITION

Mr. Rajwani is Managing Director of Triumph Advisors Inc., a Vancouver based capital markets and strategic advisory firm focused on public listings, mergers and acquisitions, financings, and strategic transactions. He brings more than 25 years of experience spanning investment banking, corporate finance, capital markets, regulatory affairs, and public company leadership – a skill set squarely matched to the next phase of Arcanus’ growth.

Over the course of his career, Mr. Rajwani has participated in and advised on numerous private placements, initial public offerings, reverse takeovers, mergers and acquisitions, and public company financing transactions across Canadian and U.S. capital markets, spanning industries from technology and healthcare to natural resources and emerging growth companies. He has served as a director and senior executive – including as chief executive officer – of multiple public companies, with experience covering the full public company lifecycle: early-stage growth and financing, exchange listings, corporate governance, exchange compliance, and ongoing public market operations.

In addition to his corporate leadership roles, Mr. Rajwani has more than two decades of experience with Canadian and U.S. regulated securities firms, including senior investment banking and corporate finance roles with Salman Partners and other securities firms, where he advised issuers on financings, public listings, and strategic growth initiatives. Most recently, he has served as a Strategic Advisor to Arcanus, working closely with the Company’s leadership on capital markets strategy, financing execution, and listing readiness – giving him deep, first-hand familiarity with the business he now leads.

His mandate as Interim Chief Executive Officer will centre on three priorities: completing the Company’s go-public transaction and associated institutional financing; institutionalizing governance, reporting, and public company readiness; and supporting the conversion of Arcanus’ international procurement pipeline into contracted, deliverable programs.

MANAGEMENT COMMENTARY

Rahim Rajwani, Interim Chief Executive Officer of Arcanus, commented: “Arcanus has assembled something rare – binding contracts, sovereign Canadian manufacturing, a NATO aligned partner ecosystem, and a leadership team that has delivered in some of the most demanding operating environments in the world. My job is to match that operational reality with the capital markets execution it deserves. We are moving deliberately toward a U.S. listing, and I intend for Arcanus to arrive on the public markets as a disciplined, institutional grade defence company.”

Matthew Ewing, Executive Vice President of Arcanus, commented: “Rahim has been inside our capital markets strategy from the start, and he brings exactly the public-company discipline this next chapter demands. This appointment lets our operating team stay locked on what they do best – delivering systems to customers and scaling Canadian production – while Rahim leads the Company through the listing process and the institutional buildout that comes with it.”

About Arcanus Aerial Systems Inc.

Arcanus Aerial Systems Inc. is a Canadian-sovereign defence technology company that aggregates, Canadianizes, and manufactures battle-proven unmanned aerial systems, counter-UAS, ground systems, and integrated defence platforms for NATO and allied markets. Headquartered in Toronto, Ontario, Arcanus combines licensed, combat-validated platform technology with sovereign Canadian production capacity and a partner ecosystem spanning Europe, Ukraine, and North America.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the Company’s planned public listing, anticipated financings, pipeline conversion, production scale-up, and strategic partnerships. Forward-looking statements are based on current expectations and assumptions and are subject to significant risks and uncertainties, including capital markets conditions, regulatory and exchange approvals, defence procurement timing, export-control and licensing requirements, counterparty performance, and execution risk. Letters of intent and pipeline engagements referenced herein are non-binding and may not result in definitive agreements or revenue. There can be no assurance that the planned listing or any related financing will be completed on the terms described or at all. Actual results may differ materially from those expressed or implied. Arcanus undertakes no obligation to update forward-looking statements except as required by applicable law.

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

SOURCE Arcanus Aerial Systems Inc.

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