Connect with us

Technology

Proposed Secondary Placing of Ordinary Shares in NextVision Stabilized Systems Ltd.

Published

5 months ago

on

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE SECTION OF THIS ANNOUNCEMENT

RA’ANANA, Israel, June 17, 2026 /PRNewswire/ — NextVision Stabilized Systems Ltd. (TASE: NXSN) (“Nextvision” or the “Company”), a growth technology company that develops, manufactures, and markets stabilized day-and-night imaging solutions for ground and aerial platforms such as micro and mini UAVs and drones, offering one of the world’s best weight/size-to-performance ratios, today announced that a group of current shareholders of NextVision, including founders and members of the management team – namely Chen Golan, Michael Grosman, Boris Kipnis, and Nachman Benchaya (the “Selling Shareholders”) – announced their intention to sell approximately a total of $200m in existing shares (the “Placing Shares”) in NextVision, representing approximately 2% of the Company’s outstanding shares, to Global and Israeli institutional investors through a bookbuilding process (the “Placing”).

Commented Chen Golan, Founder and Chairman of NextVision, “Over the past 17 years, the founding shareholders of NextVision, who continue to lead the business, have been instrumental in building NextVision into a high-quality market leader, and we remain fully committed to the Company’s long-term success and its evolution into a global leader in the drone market. This transaction represents a partial and coordinated monetisation of a portion of the founders’ holdings in NextVision, while all preserving a very meaningful ownership position and strong alignment with shareholders. At the same time, we have seen strong interest from international investors in our shares and wanted to use this opportunity to broaden the Company’s investor base with additional long-term shareholders. Through this process, we aim to improve trading liquidity, and support the Company’s continued growth, while maintaining significant exposure to and confidence in NextVision’s long-term prospects.”

The offer price and the final number of shares in the Placing will be determined through a bookbuilding process (the “Bookbuilding”). The Bookbuilding for the Placing will open with immediate effect and may close at any time on short notice. A further announcement will be made following the completion of the Bookbuilding and pricing of the Placing.

The Company itself will not receive any proceeds from the Placing.

Jefferies is acting as Sole Global Coordinator and Joint Bookrunner in the Placing. UBS and Needham are acting as Joint Bookrunners, and Leader Capital Markets is acting as Sole Local Manager. 

In connection with the Placing, the Selling Shareholders have agreed to undertake a lock-up commitment for 90 calendar days, subject to certain customary exceptions and exemptions.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The securities referred to in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the securities laws of any state of the United States, and may not be offered, sold, resold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In the United States, any offer of the ordinary shares will be made only to “qualified institutional buyers” as defined in and in reliance on Rule 144A under the Securities Act or another available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Outside the United States, any offer will be made in accordance with Regulation S of the Securities Act.

This announcement does not constitute a recommendation concerning any investor’s investment decision with respect to the Placing. Recipients of this announcement should conduct their own investigation, evaluation and analysis of the business, data and other information described in this announcement. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in NextVision’s securities. The price and value of securities can go down as well as up and investors may not get back the full amount invested upon the disposal of the shares. Past performance is not a guide to future performance. The contents of this announcement are not to be construed as legal, business, financial or tax advice. Each investor or prospective investor should consult with his or her or its own legal adviser, business adviser, financial adviser or tax adviser for legal, business, financial or tax advice.

Any indication in this announcement of the price at which NextVision’s shares have been bought or sold in the past cannot be relied upon as a guide to future performance. Persons needing advice should consult an independent financial adviser. No statement in this announcement is intended to be a profit forecast or profit estimate for any period and no statement in this announcement should be interpreted to mean that earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision for the current or future financial periods would necessarily match or exceed the historical published earnings, earnings per share or income, cash flow from operations or free cash flow for NextVision.

IMPORTANT NOTICE

The publication or distribution or release of this announcement and the Placing of the Placing Shares as set out in this announcement in certain jurisdictions may be restricted by law. This announcement is for information purposes only and shall not constitute or form part of an offer to buy, sell, issue, acquire or subscribe for, or the solicitation of an offer to buy, sell, issue, acquire or subscribe for any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. No action has been taken that would permit an offering of such shares or possession or distribution of this announcement or any other offering or publicity material relating to such shares in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

Members of the general public are not eligible to take part in the Placing. This announcement and any offer of securities to which it relates are only addressed to and directed at (1) in any member state of the European Economic Area (each, a “Relevant State”), persons who are qualified investors within the meaning of the Prospectus Regulation (Regulation (EU) 2017/1129) (the “Prospectus Regulation”) (“EEA Qualified Investors”); (2) in the United Kingdom, persons who are qualified investors as defined under paragraph 15 of Schedule 1 of the Public Offers and Admissions to Trading Regulations 2024 (the “POATR”) (“UK Qualified Investors” and, together with EEA Qualified Investors, “Qualified Investors”); and (3) in the United Kingdom, Qualified Investors who (a) have professional experience in matters relating to investments who fall within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”) or (b) fall within article 49(2)(a) to (d) of the Order or (c) are persons to whom an offer of the Placing Shares may otherwise lawfully be made (“relevant persons”). The information regarding the Placing set out in this announcement must not be acted on or relied on by persons in the European Economic Area who are not Qualified Investors or by persons in the United Kingdom who are not relevant persons. Any investment or investment activity to which this announcement relates is available in the European Economic Area only to Qualified Investors and in the United Kingdom only to relevant persons and will be engaged in only with such persons.

In particular, this announcement does not constitute or form part of any offer to buy, sell, issue, acquire or subscribe for, or the solicitation of an offer to buy, sell, issue, acquire, or subscribe for any securities in the United States, Australia, Canada, Japan, South Africa or any other jurisdiction into which such offer or solicitation would be unlawful.

The Placing Shares have not been and will not be registered under the Securities Act, and may not be offered, sold or transferred, directly or indirectly, within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the securities laws of any state or other jurisdiction of the United States.

No public offering of the securities referred to herein is being made in the United Kingdom, the United States, Australia, Canada, Japan, South Africa or any other jurisdiction.

Any offer and sale of the Placing Shares in Canada will be made on a private placement basis only and is exempt from the requirement that the Company prepares and files a prospectus under applicable Canadian securities laws. Any resale of the Placing Shares into Canada must be made in accordance with applicable Canadian securities laws, which may vary depending on the relevant jurisdiction, and which may require resales to be made in accordance with Canadian prospectus requirements, a statutory exemption from the prospectus requirements, in a transaction exempt from the prospectus requirements or otherwise under a discretionary exemption from the prospectus requirements granted by the applicable local Canadian securities regulatory authority. These resale restrictions may under certain circumstances apply to resales of the Placing Shares outside of Canada. This announcement does not contain all of the information that would normally appear in a prospectus under applicable Canadian securities laws. No securities commission or similar authority in Canada has reviewed or in any way passed upon this announcement or the merits of the Placing Shares. Any representation to the contrary is an offense. This announcement is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the Placing Shares in Canada.

No offer and sale of Placing Shares is or will be made in Canada, except to persons who are: (a) an “accredited investor” within the meaning of Section 1.1 of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) of the Canadian Securities Administrators or subsection 73.3(1) of the Securities Act (Ontario) (the “OSA”), as applicable, and is either purchasing the Placing Shares as principal for its own account, or is deemed to be purchasing the Placing Shares as principal for its own account in accordance with applicable Canadian securities laws, for investment only and not with a view to resale or redistribution; (b) such person was not created or used solely to purchase or hold the Placing Shares as an accredited investor under NI 45-106; (c) a “permitted client” within the meaning of National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) of the Canadian Securities Administrators; and (d) entitled under applicable Canadian securities laws to purchase the Placing Shares without the benefit of a prospectus under such securities laws.

No prospectus or offering document has been or will be prepared in connection with the Placing. The publicly available information of the Company is not the responsibility of, and has not been independently verified by, the Selling Shareholders, the Sole Global Coordinator, the Joint Bookrunners and the Sole Local Manager, or any of their respective affiliates (as such term is defined under Rule 501(b) of Regulation D of the Securities Act) (each, an “Affiliate”). The information contained in this announcement is for background purposes only and does not purport to be full or complete.

In connection with the Placing, the Sole Global Coordinator, the Joint Bookrunners and the Sole Local Manager or any of their Affiliates may take up a portion of the Placing Shares as a principal position and in that capacity may retain, purchase, sell, offer to sell for their own accounts such Placing Shares and other securities of the Company or related investments in connection with the Placing or otherwise. Accordingly, references to the shares being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by, the Sole Global Coordinator, the Joint Bookrunners and the Sole Local Manager and any of their Affiliates acting as investors for their own accounts. The Sole Global Coordinator, the Joint Bookrunners and the Sole Local Manager do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

The Sole Global Coordinator, the Joint Bookrunners and the Sole Local Manager are acting for the Selling Shareholders in connection with the Placing and no-one else and they will not be responsible to anyone other than the Selling Shareholders for providing advice in relation to the Placing or any other matter referred to in this announcement.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by the Sole Global Coordinator, the Joint Bookrunners and the Sole Local Manager or by any of their Affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

International Investor Relations

Ehud Helft
nextvision@ekgir.com
EK Global Investor Relations
(US) +1 212 378 8040

View original content:https://www.prnewswire.com/news-releases/proposed-secondary-placing-of-ordinary-shares-in-nextvision-stabilized-systems-ltd-302803421.html

SOURCE NextVision

Related Topics:
Continue Reading

Technology

Kroll Launches Geoeconomic Risk Index to Quantify the Business Impact of Global Uncertainty

Published

14 minutes ago

on

November 12, 2026

By

New capability connects geopolitical and economic intelligence with Kroll data, analytics and expertise to assess impact on financial performance, risk and enterprise value

NEW YORK, Nov. 12, 2026 /PRNewswire/ — Kroll, the leading independent provider of financial and risk advisory solutions, today announced the launch of the Kroll Geoeconomic Risk Index (GRI), an authoritative headline measure that helps businesses and investors understand how geopolitical and economic risks could affect their operations, financial performance and value. The Index currently stands at 70.9 on its 0–100 scale, materially above its historical median of 50 and indicating significantly heightened geoeconomic pressure.

The GRI forms part of Kroll’s broader Geoeconomic Resilience Intelligence Platform (GRIP), which brings together external economic, geopolitical, market, policy and regulatory intelligence with Kroll’s proprietary data, analytics, modeling and expertise across valuations, risk and transactions. It is designed to go beyond monitoring events or identifying exposure by connecting developments in the external environment directly to the financial and strategic decisions facing individual businesses.

Through client-specific analysis, Kroll’s platform can assess how developments including tariffs, sanctions, regulatory change, conflict, supply-chain disruption and market volatility could potentially affect a business. The analysis can connect those developments to revenues, costs, cash flow, financing, deal economics, resilience and enterprise value, helping clients evaluate transactions, investments, operating plans and alternative scenarios. Clients can use the platform to examine an immediate event, stress-test a transaction, pre-emptively evaluate investment, compare alternative scenarios or monitor how changing conditions affect assumptions over time.

“Kroll is the first firm called when decisions are complex, contested or with material capital at risk and so the launch of the Geoeconomic Risk Index is a natural evolution for us. This new capability combines Kroll’s data and analytical technology with economic modeling and professional expertise, using AI to support evidence-led analysis. Together, this delivers unique insights that help clients make more informed decisions when operations, investments and capital are exposed to global change, and thus ultimately protecting people and deals while providing greater peace of mind,” says Jacob Silverman, Chief Executive Officer at Kroll.

“A significant external development rarely remains confined to one part of a business. Geopolitical and macroeconomic change is increasingly an input into financial decision-making rather than a separate risk discussion,” adds Matthew Corkery, Managing Director, Kroll Economics. “For a Chief Financial Officer, investor or board, knowing that risk has changed is only the beginning. They need to understand whether it changes the return on an investment, the cost of borrowing, the resilience of a business model or where capital should be deployed. Kroll sits at the intersection of value, risk and transactions, which means we can connect these questions rather than examine them in isolation.”

The Kroll GRI stood at 70.9 on 9 November 2026, 3.2 points above its October reading of 67.7, as heightened market-implied risk added to persistent energy pressure following the U.S. midterm elections.

It points to an important divergence: geopolitical, trade, commodity and energy pressures remain elevated, while broader financial conditions have so far been less affected. Following the U.S. midterm elections, financial-market volatility added to persistent energy pressure, sharpening the question of whether repricing remains contained or begins to affect credit conditions, investment plans and project delivery. Greater volatility challenges the resilience picture but does not itself establish tighter credit or weaker activity. Financing and investment are therefore immediate watchpoints.

For more information about the Kroll Geoeconomic Risk Index and Kroll Geoeconomic Resilience Intelligence Platform, visit: https://www.kroll.com/en/tools-and-platforms/kroll-geoeconomic-risk-index

About Kroll

As the leading independent provider of financial and risk advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex valuation demands. Kroll’s team of more than 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities. Learn more at kroll.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/kroll-launches-geoeconomic-risk-index-to-quantify-the-business-impact-of-global-uncertainty-302936888.html

SOURCE Kroll

Continue Reading

Technology

How Fibocom Helped Bring Suntek’s Robotic Mowers into Mass Production

Published

14 minutes ago

on

November 12, 2026

By

MUNICH, Nov. 12, 2026 /PRNewswire/ — In a family garden, bare soil and fallen leaves can confuse a robotic mower’s understanding of the lawn. A low-hanging branch presents another challenge: detecting an obstacle is one thing, knowing how far away it is can be another. Across larger properties, reliable positioning and route planning become just as important as cutting the grass.

As electronica 2026 takes place in Munich, Fibocom and Suntek are highlighting the commercial progress of two robotic mower designs built on Fibocom’s established solutions: an entry-level monocular-vision model and a flagship combining stereo vision with RTK positioning.

For lawns up to 600 m², Fibocom’s monocular vision solution uses a single camera and AI algorithms to identify grass boundaries and obstacles, plan mowing routes and operate without buried perimeter wires. Its streamlined sensor design balances hardware cost, complexity and ease of deployment.

For larger, more complex gardens, Fibocom’s stereo vision and RTK solution adds depth perception and high-precision positioning. Stereo cameras capture spatial information about obstacles, including overhanging branches, while visual-inertial odometry (VIO) and RTK positioning support mapping and navigation.

Suntek’s flagship mower, powered by the Rockchip RK3576, integrates stereo cameras, RTK, an IMU and wheel odometry. It supports resume-mowing functionality and covers lawns up to 2,000 m².

Turning these capabilities into commercial products requires more than hardware integration. Fibocom supplies camera modules, algorithm boards, motor-drive boards and, for the flagship, an RTK board, alongside proprietary perception, positioning, navigation, path-planning and energy-management algorithms.

Real gardens also challenge algorithms in unexpected ways. Bare soil, fallen leaves, dark lines on the ground and thin dried leaves can interfere with lawn segmentation. Fibocom has refined its models through multiple rounds of training with challenging field samples, while improving back-and-forth mowing paths, missed-area mowing and resume-mowing logic.

Engineering support continues after production begins. Field feedback and operating logs inform root-cause analysis, software updates and validation, helping Suntek improve product performance in real-world environments.

Suntek’s monocular-vision mower has achieved commercial-scale deployment in Europe. Its stereo-vision and RTK flagship entered initial mass production in Q4 2025, with production continuing in 2026 and sales expanding into North America.

Mass production marks the beginning of continuous improvement through real-world use. As SUNTEK’s robotic mowers reach more gardens, Fibocom continues to support the company with proprietary algorithms, core hardware and ongoing engineering expertise, turning user feedback into improvements in perception, navigation and mowing performance. These refinements help SUNTEK deliver a more reliable user experience, earn user recognition and build market trust.

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets. Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

View original content to download multimedia:https://www.prnewswire.com/news-releases/how-fibocom-helped-bring-sunteks-robotic-mowers-into-mass-production-302936764.html

SOURCE Fibocom Wireless Inc.

Continue Reading

Technology

Climate Institute launches cutting-edge data tool tracking Canada’s progress toward building a clean economy

Published

15 minutes ago

on

November 12, 2026

By

Data tracker offers a new way to measure climate progress with dozens of leading indicators of Canada’s energy transition.

OTTAWA, ON, Nov. 12, 2026 /CNW/ — The Canadian Climate Institute has launched a first-of-its-kind data visualization tool that provides a new approach to climate progress tracking in Canada using leading and lagging indicators of clean technology adoption and emissions reductions.

The tool–called the Climate Progress Tracker–was developed by the Institute’s 440 Megatonnes project using more than 40 indicators of the country’s transition to a cleaner, more competitive economy. It provides close-to-real-time data across five major signals of climate progress: electrification, clean energy, emissions progress, industrial performance, and the clean economy.

Tracking both leading and lagging indicators across these five signals makes it clear where efforts are showing promise, and where stronger policy is needed to accelerate Canada’s energy transition and build a cleaner economy. Some leading indicators show bright spots of progress as the country deploys and exports more clean technology. Broader trends are mixed or negative, however, with national emissions plateauing and insufficient progress being made on clean electrification–the foundation of a more resilient, competitive economy.   

KEY FINDINGS

Among the positive findings: the tracker shows the country’s electric vehicle market share has nearly doubled over the past year and a half, reaching 13 per cent this August. That’s up from just 7 per cent in February 2025, following a crash in sales due to a rollback in government support. Wind and solar power capacity has grown by nearly 7 gigawatts since 2020, an increase of more than 40 per cent. Battery storage capacity has ramped up more than sixfold since 2020, rising to almost 900 MW in January 2026.

Clean technologies are growing in other ways. Clean tech exports have grown by nearly 1.8 times their 2020 levels in 2026. The share of made-in-Canada clean tech has also grown, up 11 per cent since 2020, with 81 per cent of the share of Canada’s clean technology market now supplied by domestically manufactured products rather than imports in August 2026.

Yet overall trends show Canada facing headwinds in its energy transition. Electricity is not yet growing as a share of the country’s energy use, though that could change as governments follow through on a commitment to double Canada’s electricity supply. The country’s power grids are also not getting cleaner in general. Although wind and solar power has grown, some hydro and nuclear power have come offline temporarily, and gas-fired power has filled that gap. As a result, the share of non-emitting power generation in August 2026 dropped 6 percentage points from the same month in 2020.

Likewise, Canada continues to make limited progress reducing emissions. The tracker provides a broader picture of climate progress by pairing leading indicators with new monthly emissions estimates that are tallied in near real time, with just a three-month delay. That can provide a preliminary look at emissions six months ahead of the Institute’s annual Early Estimate of National Emissions, and more than a year before official government numbers are released.

The latest data on the tracker show that Canada’s emissions appear to be plateauing: after a slight increase in 2025, emissions decreased slightly in the first half of 2026. However, that decrease still leaves Canada far from achieving its climate targets. 

Tracking leading and lagging indicators of progress is a growing practice globally as governments, investors, and analysts seek more current, data-driven signals to inform decision making. Similar frameworks have been adopted by climate councils in the UK, Sweden, and Australia; by publicly available platforms like the Systems Change Lab and Ember; and by many private sector firms tracking capital flows and energy system trends.

The 440 Megatonnes team will continue to develop new indicators in the year ahead, including measures of clean investment. Ultimately, the new interactive tool is meant to provide a more actionable view of Canada’s progress towards decarbonization, showing where governments can prioritize efforts and investment to ensure future progress aligns with commitments.

QUOTES

“Canada’s climate progress is about more than just emissions–it’s about a broader transition to clean, electric technologies that are remaking global energy markets in real time. Our Climate Progress Tracker is the only tool of its kind in Canada to offer a broader picture of this progress with easy-to-use data and visualizations showing how the country is building a cleaner economy across sectors.”

— Rick Smith, President, Canadian Climate Institute

“The Climate Progress Tracker is an interactive way for people to access a wide range of data showing how Canada is transitioning to a cleaner economy–from electric vehicle and heat pump sales to detailed emissions estimates that are available nowhere else. It’s a one-stop-shop for energy experts, policymakers, journalists and others interested in Canada’s progress adopting clean technologies using dozens of the latest graphs and charts profiling the energy transition.”

— Ross Linden-Fraser, Acting Director, 440 Megatonnes

RESOURCES

Data tool | Climate Progress TrackerInsight | Introducing the Climate Progress TrackerInsight | Early estimate finds that Canada’s emissions increased in 2025 as clean electrification laggedInsight | Canada is now more than 20 years behind its 2030 target, with net zero nowhere in sight

About the Canadian Climate Institute 

The Canadian Climate Institute is Canada’s leading climate change policy research organization. The Institute produces rigorous analysis, economic modelling, and in-depth research focused on incentivizing clean economic growth and low-carbon competitiveness, reducing emissions and accelerating Canada’s net zero energy transition, and making our economy and infrastructure more resilient to a warming climate.

climateinstitute.ca

SOURCE Canadian Climate Institute

Continue Reading

Trending