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The Oberix Group and Leading Edge Automation Acquire Profisol Industrial Automation

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MELBOURNE, Australia, June 24, 2026 /PRNewswire/ — The Oberix Group and Leading Edge Automation have acquired Profisol Industrial Automation, strengthening the group’s industrial automation and operational technology capabilities and expanding support for customers across Australia.

The acquisition brings together complementary expertise in automation, control systems, monitoring, and critical infrastructure. By combining Profisol’s specialist knowledge with the engineering resources of The Oberix Group and Leading Edge Automation, customers will benefit from broader technical expertise and increased project delivery capacity.

For more than 20 years, Profisol has delivered automation, monitoring, and alarming solutions for process, infrastructure, and utility systems. The company has established a strong reputation for practical engineering, reliable project delivery, and long-term customer partnerships across critical industries.

“Profisol has built an outstanding reputation for delivering high-quality automation solutions and exceptional customer service,” said Michael Dowling, Director of Technology at The Oberix Group.

“Their technical expertise, industry knowledge, and strong customer relationships make them a natural fit for our group. This acquisition strengthens our ability to deliver automation and operational technology solutions across Australia while giving customers access to a broader range of specialist skills.”

Bela Farbas Snr, Director at Profisol Industrial Automation, said the acquisition creates opportunities for customers and employees.

“We are proud of the business we have built over two decades and the relationships we have established with our customers. Joining The Oberix Group and Leading Edge Automation provides additional resources and opportunities while allowing us to deliver the service and technical excellence our customers expect.”

Profisol will continue operating with its existing team, maintaining the trusted relationships and service standards customers rely on.

Together, the businesses provide automation and control solutions across process control systems, SCADA and monitoring platforms, alarming systems, industrial communications, operational technology, and ongoing support services.

The acquisition reflects The Oberix Group’s ongoing investment in specialist engineering and technology businesses that support Australian industry and critical infrastructure.

About The Oberix Group

The Oberix Group is an Australian technology and engineering services organisation delivering solutions across industrial automation, operational technology, digital transformation, smart buildings, and critical infrastructure sectors.

About Leading Edge Automation

Leading Edge Automation delivers automation and control system solutions that help organisations improve operational efficiency, reliability, and performance.

About Profisol Industrial Automation

Profisol Industrial Automation specialises in automation, monitoring, and alarming solutions for process, infrastructure, and utility systems.

 

View original content:https://www.prnewswire.com/apac/news-releases/the-oberix-group-and-leading-edge-automation-acquire-profisol-industrial-automation-302808792.html

SOURCE OBERIX GROUP PTY LTD; Leading Edge Automation; Profisol Industrial Automation

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BIWATT Expands Sodium-Ion Energy Storage Portfolio with UL-Certified NFPP-Based R5 and I3 Batteries

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MUNICH, June 24, 2026 /PRNewswire/ — BIWATT today unveiled its new PowerNest R5 residential storage battery and PowerLake I3 commercial and industrial storage battery at Intersolar Europe 2026, expanding its sodium-ion energy storage portfolio for residential and commercial applications.

Unlike conventional battery integration approaches, BIWATT has taken an active role in cell-level development, defining the performance, safety, and reliability requirements of energy storage applications from the earliest stages of product design. This approach has enabled the company to develop a dedicated sodium-ion battery platform optimized specifically for energy storage.

The launch of R5 and I3 builds on BIWATT’s ongoing advancement of sodium-ion energy storage commercialization. The company previously introduced its rack-mounted PowerNest R2 and stackable PowerNest R3 sodium-ion batteries, both of which have entered commercial delivery across international markets.

Built on the same technology platform, the new PowerNest R5 delivers modular scalability, intelligent battery optimization, and active balancing technology for residential energy storage applications. The PowerLake I3 extends the platform into commercial and industrial markets, offering flexible deployment options and intelligent maintenance capabilities for solar-plus-storage, backup power, and distributed energy projects.

To support future international market expansion, BIWATT is also progressing UL1973 certification and UL9540A testing for its sodium-ion battery products, reinforcing its commitment to high safety standards.

“Energy storage requires more than simply selecting a battery chemistry,” Owen, CEO of BIWATT, emphasized in his remarks at the launch event. “Our focus has been to participate deeply in cell-level innovation and develop sodium-ion batteries specifically engineered for energy storage applications. The launch of R5 and I3 reflects that long-term commitment.”

Today, BIWATT sodium-ion products are deployed across more than 20 countries, primarily in Europe, demonstrating the growing commercial adoption of sodium-ion energy storage.

About BIWATT
BIWATT is a digital green power innovator and sodium-ion technology pioneer. Focused on energy storage and system integration, BIWATT delivers a complete sodium-ion ecosystem for residential, mobility, and commercial applications, including battery systems, sodium-ion-optimized inverters, and in-house BMS, cloud platform, and intelligent APP solutions.

For more details, please contact:
Rita Ouyang
Phone: +86-755-86961716
E-mail: Biz@biwattpower.com 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/biwatt-expands-sodium-ion-energy-storage-portfolio-with-ul-certified-nfpp-based-r5-and-i3-batteries-302808538.html

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Stegra announces closing of €1.4 billion financing round

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STOCKHOLM, June 24, 2026 /PRNewswire/ — Stegra today announces the closing of its €1.4 billion financing round. The round is led by a Wallenberg Investments-consortium and has strong support from existing investors as well as the original lender group.

In April, 2026 Stegra announced that the new financing round had been agreed in principle, subject to certain approvals, including customary regulatory approvals. The financing round is now completed.

The Wallenberg Investments-led consortium consists of existing investors IMAS and Temasek as well as new investors Bolero and SEB-Stiftelsen. In addition, a large group of Stegra’s existing shareholders continue to invest in the company. These investors include Altor, that will become the second largest shareholder, Hy24 and Just Climate, as well as AMF, AP2, Climate Infrastructure Fund**, Kallskär, Kobe Steel, Lingotto Innovation, Scania, Schaeffler, Security Trading* Stena Metall Finans and Swedbank Robur. Also, a group of Stegra’s second lien lenders, led by AIP Management, have decided to support the project as direct equity investors.

“We are grateful for the support for the work we are doing in bringing near zero emissions steel to the market from both new and existing investors, as well as from lenders. It’s a strong sign of confidence in our business case and the project,” says Henrik Henriksson, CEO Stegra.

The financing has also received 100% approval from the Stegra lender group. All banks participating in Stegra’s financing package continue to support the project and the company will have access to the undrawn debt facilities established as part of the company’s 2024 financing.

“We are pleased that this transaction is now closed. Together with Bolero, IMAS, SEB-Stiftelsen and Temasek, as well as Altor and other new and existing investors, we will now work closely with the Stegra team to complete and commission the plant in Boden. This large-scale green project represents an important step in Sweden’s competitiveness and the EU’s security of supply,” says Håkan Buskhe, Head of Special Investments at Wallenberg Investments and incoming board member of Stegra.

“We close this financing round with a higher equity ratio and a stronger and more resilient financial position for the company. We welcome the increased Swedish ownership through the Wallenberg Investments-led consortium and the continued support from the Swedish National Debt Office and SEK which remain committed to previously agreed facilities and have worked constructively with different stakeholders during the funding process,” says Henriksson.

Stegra is in the process of ramping up construction activities in Boden. During this period, the project timeline is under review.

* the investment company of Antti Herlin’s family
** managed by Demea Sustainable Investment

For more information, contact: Karin Hallstan, Head of Communications, Stegra at press@stegra.com or +46 76 842 81 04

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stegra/r/stegra-announces-closing-of–1-4-billion-financing-round,c4366881

The following files are available for download:

https://mb.cision.com/Main/20623/4366881/4164862.pdf

Stegra announces closing of €1.4 billion financing round

 

View original content:https://www.prnewswire.co.uk/news-releases/stegra-announces-closing-of-1-4-billion-financing-round-302808923.html

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JustMarkets to Launch SpaceX Stocks CFDs Trading for Clients

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KUALA LUMPUR, Malaysia, June 24, 2026 /PRNewswire/ — JustMarkets, one of the leading international brokerages, is pleased to inform its clients about the upcoming launch of the trading in SpaceX (SPCX) CFD shares. Starting from 17 June 2026, traders will be able to trade on one of the most watched private aerospace enterprises on the JustMarkets trading platform, thus gaining access to trading in the innovative sphere that may affect the development of the global economy in the future.

SpaceX IPO is seen by many experts as a landmark moment in global financial markets. With SpaceX being one of the leading private enterprises in the aerospace field, satellite manufacturing and private space explorations, its entry to the public market may draw significant attention to the company from traders, investors, institutions and financial analysts.

A representative of JustMarkets commented on the upcoming launch:

“Financial markets continue to grow, and traders are increasingly interested in companies that are driving innovation across industries. SpaceX is one of the most recognized names in modern aerospace and technology. By adding SpaceX stocks CFDs to our product lineup, we are providing our clients with access to new market opportunities while continuing to expand the range of instruments available for trading.”

Including SpaceX stocks CFDs in the trading portfolio, JustMarkets will allow its clients to track the dynamics of price movement, study the situation on the market and perform transactions with the instrument, utilizing all the trading instruments offered by the company.

This instrument will complete the existing portfolio of the CFDs products offered by the brokerage firm including forex, raw materials, precious metals, indices, crypto-currencies and stocks. The arrival of SpaceX CFDs demonstrates the commitment of the company to providing its clients with relevant, popular and internationally discussed market instruments.

Starting from 17 June 2026, JustMarkets clients will be able to trade SpaceX (SPCX) stocks CFDs and take part in one of the most significant stock market launches of history.

About JustMarkets

JustMarkets is a global financial trading platform designed to eliminate technical “noise,” enabling investors to focus on what matters most: making accurate decisions. With modern infrastructure and professional services, JustMarkets stands as a reliable partner for those seeking to master the financial markets.

JustMarkets has earned the trust of millions of clients across 160+ countries. Recognized as one of the world’s most popular brokers, the company continues to provide reliable services and build lasting relationships with traders and partners.

Risk Warning: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. This article is for informational purposes only and does not constitute investment advice.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/justmarkets-to-launch-spacex-stocks-cfds-trading-for-clients-302808940.html

SOURCE JustMarkets

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