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RTX’s Collins Aerospace opens UK Engineering Center of Excellence to advance next-generation aircraft systems

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Modular and scalable test facility drives innovation for electric thrust reverser actuation systems

WOLVERHAMPTON, England, July 9, 2026 /PRNewswire/ — Collins Aerospace, an RTX (NYSE: RTX) business, announced today its Engineering Center of Excellence in Wolverhampton, U.K. is fully operational, advancing next-generation electric thrust reverser actuation systems (elecTRAS™). The CoE is home to a new state-of-the-art, modular and scalable test facility designed to facilitate innovation in aircraft actuation system design, testing and certification.

With a more streamlined solution, elecTRAS supports the elimination of actuation hydraulic interfaces and fluids and facilitates a 15-20% reduction of the nacelle actuation weight at the integrated aircraft system level. Wolverhampton’s advanced testing capabilities simulate real-world conditions for aircraft components, actuators, subsystems, and full systems. By integrating early-stage test results into system analysis, potential issues are resolved quickly, reducing delays and enhancing distinctive design scalability for future applications.

“Our Engineering Center of Excellence reflects RTX’s commitment to delivering innovative, efficient and cost-effective solutions for the aerospace industry,” said Ajay Mahajan, president of Advanced Structures at Collins Aerospace. “This unique modular approach supports the industry’s transition to more-electric systems, aligning with original equipment manufacturers’ forward-looking goals while improving fuel efficiency, operational performance, and ease of maintenance.” The Wolverhampton test capability spans from modules to integrated systems. This allows for scalability and interchangeability, reducing development time and cost while enabling the facility to support multiple programs and system variants.

Co-located elecTRAS systems and nacelle actuation design expertise streamlines development and fosters efficient collaboration. Highly skilled engineers at the facility are driving innovation in electric systems, smart algorithms, and motor control architecture, while continuing to support current fleets. Already in use on the Airbus A350 family, Collins’ elecTRAS technology has logged more than 15 million flight hours and 2.2 million flight cycles on more than 700 aircraft as of 2025.

About Collins Aerospace

Collins Aerospace, an RTX business, provides advanced aerospace and defense solutions across avionics, aircraft interiors, aerostructures and engine components, mission systems, and power and control systems. Our global employees are dedicated to delivering innovative technologies to enhance aircraft performance, passenger comfort, operational safety and reliability.

About RTX

With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

 

View original content:https://www.prnewswire.com/news-releases/rtxs-collins-aerospace-opens-uk-engineering-center-of-excellence-to-advance-next-generation-aircraft-systems-302816925.html

SOURCE RTX

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Sivers Semiconductors Updates Financial Reporting Calendar

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KISTA, Sweden, July 9, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE), Sivers Semiconductors AB (publ), today announced updates to its financial reporting calendar as the Company continues to strengthen its financial reporting processes and prepare for future regulatory and US PCAOB audit requirements associated with the dual-listing objective.

Updated Reporting Dates:

Q2 2026 Interim Report: August 27, 2026Q3 2026 Interim Report: November 26, 2026Q4 2026 Interim Report: February 25, 2027

This decision reflects management’s commitment to maintaining the highest standards of financial reporting accuracy, transparency, and compliance as the Company continues to mature its internal controls and reporting processes.

“As we continue to scale our business, pursue the dual-listing objective, and execute on our long-term strategy, it is important that our financial reporting processes evolve accordingly,” said Vickram Vathulya President & CEO.” Taking the additional time to complete our reporting process ensures compliance with the US PCAOB audit standards, as well as the quality, rigor, and transparency expected by shareholders and the broader investment community.”

For more information, please contact:

Heine Thorsgaard
CFO, Sivers Semiconductors
Tel: +46 (0)8 703 68 00
Email: ir@sivers-semiconductors.com

About Sivers Semiconductors

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com (SIVE.ST).

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

https://news.cision.com/sivers-semiconductors/r/sivers-semiconductors-updates-financial-reporting-calendar,c4372754

 

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SOURCE Sivers Semiconductors

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PhilWeb secures exclusive partnership with Pragmatic Play, expanding tech-enabled gaming services in the PH

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MANILA, Philippines, July 9, 2026 /PRNewswire/ — Listed PhilWeb Corporation (“PhilWeb” or the “Company”, PSE: WEB) today announced an exclusive partnership with Pragmatic Play that will enable licensed gaming operators in the Philippines to utilize international ecosystem partner Pragmatic Play’s gaming services through PhilWeb. The partnership represents a significant expansion of PhilWeb’s technology-enabled gaming services business and further strengthens its position as a trusted technology and commercial partner for licensed gaming operators in the Philippines.

Under the arrangement, PhilWeb provides hosted services through remote technology infrastructure and API-enabled integration, enabling operators to efficiently make available a broad portfolio of gaming offerings to their end users, subject to applicable regulatory approvals and contractual arrangements, within the third quarter of 2026.

“This partnership represents an important milestone in PhilWeb’s long-term strategy of expanding its technology-enabled gaming services business. By collaborating with one of the industry’s leading international gaming services providers, we are positioned to broaden our commercial relationships with licensed operators while creating a scalable and recurring revenue stream through technology-enabled services,” said Edgar Brian K. Ng, President of PhilWeb.

Pragmatic Play is already utilized by a substantial majority of online gaming platforms licensed to operate in the Philippines. PhilWeb expects the exclusive commercial arrangement to strengthen its existing operator relationships while creating opportunities for further growth as additional operators adopt the hosted gaming services available through the partnership.

The partnership also establishes a platform for PhilWeb to pursue additional collaborations with international gaming services providers, supporting its objective of building a diversified portfolio of technology-enabled offerings for the regulated Philippine gaming market.

About Pragmatic Play

Pragmatic Play is a leading multi-product software provider to the iGaming industry and is licensed and regulated by industry governing bodies such as the Gambling Commission of Great Britain (GCGB), the Gibraltar Gambling Commissioner (GGC), and the Malta Gaming Authority (MGA).

Its award-winning portfolio of slots, live casino and more is available through a single API integration in all major regulated markets, languages, and currencies.

Headquartered in Gibraltar, Pragmatic Play is owned by a private group of investors led by Veridian (Gibraltar) Limited.

About PhilWeb Corporation

PhilWeb Corporation is a Philippine Stock Exchange-listed technology company providing digital infrastructure, technology integration, hosted gaming platform solutions and other technology-enabled services to licensed operators within regulated gaming ecosystems.

Investor Relations Contact:

Kenneth Ke
Group Investment Head
PhilWeb Corporation
Email: kenneth.ke@philweb.com.ph

Media Relations Contact:

Arnel Vasquez
Media Relations Director
Rebel Marketing Philippines
Email: arnelvasquez@rebelmarketing.com.ph
Mobile: +63 917 584 3573

View original content:https://www.prnewswire.com/apac/news-releases/philweb-secures-exclusive-partnership-with-pragmatic-play-expanding-tech-enabled-gaming-services-in-the-ph-302821636.html

SOURCE PhilWeb Corporation

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Arrow Global Insurance strengthens specialty insurance platform through acquisition of Fusion Specialty Group

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Acquisition marks another significant milestone for Arrow Global Insurance, reinforcing its leadership in specialty insurance markets where disciplined underwriting is critical

LONDON, July 9, 2026 /CNW/ — Arrow Global Group (“Arrow”), a leading pan-European alternative investment manager, today announces a significant milestone for Arrow Global Insurance (“AGI”) through the acquisition1 of Fusion Specialty Group (“Fusion”), a specialist managing general agent (“MGA”).

AGI is an established specialty insurance platform providing institutional investors with access to specialty, non-catastrophe insurance markets by combining Arrow-backed MGAs, rated risk-bearing capacity and Arrow’s investment capabilities. Supported by long-term institutional capital, AGI targets attractive underwriting performance in markets characterised by high barriers to entry, fragmented competition and technical complexity.

The acquisition further enhances AGI’s platform by adding another high-quality specialist MGA with a well-established underwriting track record. Through Halldora Re Ltd² (“Halldora Re”), AGI’s A- (Excellent) AM Best-rated reinsurer, and the broader Arrow platform, Arrow’s MGAs benefit from access to long-term underwriting capacity, institutional capital and scalable operating infrastructure, enabling them to grow responsibly while maintaining underwriting discipline.

Operating on behalf of leading London market, European and other specialty insurers, Fusion has established a highly regarded underwriting franchise serving policyholders across the UK, Europe, North America and other international markets. Since launch, Fusion has processed more than 23,000 submissions and written approximately £290m of gross written premium for approximately 1,500 policyholders, with premium volume more than doubling over the past two years.

Zach Lewy, Chief Executive Officer and Chief Investment Officer of Arrow Global Group, said: “Arrow Global Insurance is an established specialty insurance platform that combines exceptional underwriting businesses with institutional capital. The addition of Fusion, a high-quality specialist MGA with an outstanding underwriting track record, further strengthens that platform and expands the range of differentiated specialty insurance opportunities available to our institutional investors.”

Katie Simmonds, Chief Executive Officer of Fusion Specialty Group, said: “Access to additional underwriting capacity through Halldora Re, together with Arrow’s long-term investment approach, provides a strong foundation for our next phase of growth while allowing us to remain focused on the underwriting discipline and client service that define Fusion.”

David Rogers, Founder and Executive Chairman of Fusion Specialty Group, said: “Building Fusion into a global specialist MGA has been a genuine privilege. Arrow shares our commitment to underwriting discipline and long-term thinking, and its backing, including the reinsurance capacity behind Halldora Re, accelerates our growth and potential. I’m pleased to remain involved and excited for what comes next.”

The transaction is subject to customary closing conditions. All required regulatory approvals have been obtained and completion is expected during the third quarter of 2026.

Notes to editors:

1: Acquisition will be funded by (i) capital initially generated from shares issued by Sherwood Topco Limited and (ii) from funds managed by Arrow Global Group. Given the majority ownership, Fusion will be a subsidiary of Sherwood Topco Limited but will not be a direct or indirect subsidiary of Sherwood Parentco Limited.

2: Entity is owned by funds managed by Arrow Global Group.

Arrow Global Group
For more information visit www.arrowglobal.net

Fusion Specialty Group
For more information visit www.fusionspecialty.com

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SOURCE Arrow Global

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