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embedUR systems spins out ModelNova to accelerate Edge AI development lifecycles

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With 18 months of momentum and nine semiconductor partners, ModelNova launches as an independent company to solve Edge AI’s hardest unsolved problem — shipping AI on any silicon

SAN RAMON, Calif., July 15, 2026 /PRNewswire-PRWeb/ — ModelNova™, an Edge AI company from embedUR systems, today announced its full-scale launch as an independent company dedicated to making artificial intelligence practical on power-efficient edge devices.

“The gap between a working model and a shipping product is what’s holding the industry back — ModelNova is focused on precisely that problem, and its launch is a meaningful step for the whole ecosystem,” said Michael Hurlston, President and CEO, Lumentum

As the industry accelerates toward “physical AI” — bringing intelligence out of the cloud and into the real world so that machines can sense, decide, and act on their own — the hardest problem is no longer training a model but getting it to run reliably on constrained, AI-accelerated silicon. ModelNova was created to close that gap by pairing ready-to-use building blocks with the tooling and expertise needed to take models all the way to high-volume production.

“Every technology wave lives or dies on whether developers can actually build with it, and Edge AI is at that inflection point now. The gap between a working model and a shipping product is what’s holding the industry back — ModelNova is focused on precisely that problem, and its launch is a meaningful step for the whole ecosystem,” said Michael Hurlston, President and CEO, Lumentum.

One company, the full Edge AI lifecycle

ModelNova’s offering spans three complementary pillars:

Model Zoo — A free, open-source library of pre-trained models, datasets, and use-case blueprints, optimized for small, power-efficient devices. The Zoo gives developers a fast, no-cost starting point to validate a concept on real hardware, from a Raspberry Pi to AI-native silicon from ModelNova’s semiconductor partners, who include ARM, STMicroelectronics, Infineon, Alif Semiconductor, NXP, Silicon Labs, Renesas, Synaptics, and Ceva. ModelNova is also a Leadership Partner of the EDGE AI FOUNDATION, the global community advancing Edge AI research, education, and adoption.

Fusion Studio — A commercial development platform that orchestrates the full path from model to product across MCU and NPU silicon. Where other tools stop at compiling a model, Fusion Studio delivers system-level integration – handling the pipeline, the runtime, and the silicon-specific optimization that turns a promising prototype into a shippable product.

Licensable production-ready models — Five hardened, production-ready models. NovaEyeD (facial recognition) is purpose-built for security-sensitive applications such as access control, keyless entry, and personalization, while a suite of wireless sensing models enables applications from motion and micro-motion detection to automotive child presence detection via WiFi, UWB, mmWave, and more.

“The Alif Ensemble Series was built to bring real AI inference to power-efficient silicon, and ModelNova has been the partner proving what’s possible on it — from free Zoo models to production-ready deployments optimized for our MCUs. Their launch as an independent company gives developers an even clearer path from concept to product, and that’s exactly what this partnership has always been about,” said Reza Kazerounian, Co-Founder & President at Alif Semiconductor.

Built on two decades of embedded expertise ModelNova’s launch as an independent company reflects 18 months of momentum. Its model zoo already powers Edge AI ecosystems for two major silicon vendors, with production models proven in real-world consumer, medical, and AIoT markets.

“ModelNova began as our answer to a simple question: why is it still so hard to turn a working AI model into a real product at the edge? Establishing ModelNova as an independent company lets us go after that problem with full focus — giving developers a free place to start, a platform to build on, and production-ready models they can license and ship,”

said Rajesh Subramaniam, CEO & Founder of embedUR systems.

“When we started the EDGE AI FOUNDATION, we believed that if you brought silicon vendors, researchers, and developers together around shared knowledge, the market would respond with real companies solving real deployment problems. ModelNova’s launch as an independent company — spanning open-source models, professional tooling, and production licensing — is exactly the kind of maturation we hoped to see. It’s a proud moment for the whole Edge AI community,” said Pete Bernard, CEO of the EDGE AI FOUNDATION.

Availability

The ModelNova Zoo is free today, Fusion Studio is available now in beta, and NovaEyeD and other production-ready models are available for licensing. Explore the full offering at modelnova.com.

About ModelNova

ModelNova is an embedUR systems company built to serve the Edge AI silicon ecosystem — AI-focused semiconductor vendors and the developers and product teams building on their chips. By pairing ready-to-use building blocks with silicon-aware tooling, ModelNova helps chipmakers and their customers turn AI ambitions into shipping products. Learn more at modelnova.com.

About embedUR systems

embedUR systems is a Silicon Valley-based engineering company with over two decades of expertise spanning firmware, connectivity, and device intelligence, serving the world’s leading networking, telecom, and connectivity providers. embedUR is the parent company of ModelNova. Learn more at embedur.ai.

Media Contact

Sai Rajesh, ModelNova, 1 5103539111, marketing@modelnova.ai, https://modelnova.com

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SOURCE ModelNova

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NEREUS™ Powers Forward: Sponsors No. 47 IndyCar Entry, Celebrating 47 Years Since Last New U.S. Motion Sickness Treatment

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48 minutes ago

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July 15, 2026

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WASHINGTON, July 15, 2026 /PRNewswire/ — Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that NEREUS™ (tradipitant), the first new prescription medication approved for prevention of vomiting induced by motion in 47 years, will sponsor the No. 47 entry in the NTT IndyCar Series with Rahal Letterman Lanigan Racing.

The partnership aligns NEREUS’™ breakthrough innovation in motion relief with the high-speed world of IndyCar racing, where focus and stability are essential.

This sponsorship marks a symbolic milestone: 47 years since the last new motion sickness treatment was introduced in the United States. NEREUS™ represents a modern advancement as a selective NK-1 receptor antagonist designed to prevent vomiting induced by motion, offering a new option for millions who experience motion sickness during travel.

“Partnering with the No. 47 car perfectly captures this historic moment and our shared commitment to performance under challenging conditions,” said Mihael H. Polymeropoulos, M.D., President, CEO and Chairman of the Board of Vanda. 

The NEREUS™-branded No. 47 IndyCar will feature prominent sponsorship visibility across select NTT IndyCar Series events in 2026.

About NEREUS™ (tradipitant)

NEREUS™ is an oral NK-1 receptor antagonist FDA-approved for the prevention of vomiting induced by motion in adults. It is the first new pharmacologic treatment approved for this indication in over four decades.

About Vanda Pharmaceuticals Inc.

Vanda is a leading global biopharmaceutical company focused on the development and commercialization of innovative therapies to address high unmet medical needs and improve the lives of patients. For more on Vanda Pharmaceuticals Inc., please visit www.vandapharma.com and follow us on X @vandapharma.

About Rahal Letterman Lanigan Racing

Rahal Letterman Lanigan Racing is a championship-winning team competing in the NTT IndyCar Series.

Corporate Contact:
Kevin Moran
Senior Vice President, Chief Financial Officer and Treasurer
Vanda Pharmaceuticals Inc.
202-734-3400
pr@vandapharma.com 

Jim Golden / Jack Kelleher / Dan Moore
Collected Strategies
VANDA-CS@collectedstrategies.com

Follow us on X @vandapharma

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SOURCE Vanda Pharmaceuticals Inc.

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VIAVI Announces Date for Fiscal Fourth Quarter and Fiscal Year 2026 Financial Results

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48 minutes ago

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July 15, 2026

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CHANDLER, Ariz., July 15, 2026 /PRNewswire/ — Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) will announce its fiscal fourth quarter and fiscal year 2026 financial results for the period ended June 27, 2026, on Wednesday, August 5, 2026, after the close of market.

The Company will host an earnings call at 1:30 p.m. PT / 4:30 p.m. ET. A live webcast of the call and the replay will be available on the VIAVI website at https://investor.viavisolutions.com. The quarterly earnings press release, supplementary slides and historical financial tables will be posted under the “Quarterly Results” section.

To participate via telephone:

Toll-Free Dial-In Number:

1 (833) 461-5787

Toll Dial-In Number:

1 (585) 542-9983

Conference ID:

687 725 628

About VIAVI Solutions
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.

Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.

Investors Contact:
Vibhuti Nayar, 408-404-6305; investor.relations@viavisolutions.com
Press Contact:
Amit Malhotra, 202-341-8624; amit.malhotra@viavisolutions.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/viavi-announces-date-for-fiscal-fourth-quarter-and-fiscal-year-2026-financial-results-302822275.html

SOURCE VIAVI Financials

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The American Council of the Blind to Distribute Ray-Ban Meta AI Glasses to Blind Veterans in St. Louis on July 27

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48 minutes ago

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July 15, 2026

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ALEXANDRIA, Va., July 15, 2026 /PRNewswire/ — The American Council of the Blind is proud to partner with Meta and the Blinded Veterans Association (BVA) to distribute Ray-Ban Meta AI glasses to eligible veterans who are blind during the upcoming 2026 ACB Conference and Convention in St. Louis.

The distribution will take place on Monday, July 27, from 1 to 5 p.m. CT at the Hyatt St. Louis at The Arch in downtown St. Louis. Eligible veterans can receive Ray-Ban Meta AI glasses at no cost while supplies last and a complimentary day pass to the ACB convention for July 27.

The initiative is part of Meta’s commitment to donate Ray-Ban Meta AI glasses to 130,000 blinded veterans worldwide, expanding access to technology that can support greater independence, access to information, and everyday tasks. As a distribution partner, ACB will also provide access to training resources for veterans receiving Meta glasses.

“Supporting veterans who are blind or have low vision has long been an important part of ACB’s mission,” said ACB Executive Director Scott Thornhill. “We are honored to partner with Meta and BVA to help connect veterans with innovative technology that can make a meaningful difference in their daily lives.”

Ray-Ban Meta AI glasses combine a lightweight, hands-free design with built-in artificial intelligence to help users complete everyday tasks more independently. Wearers can ask the glasses to describe their surroundings, read printed text, identify objects, and capture photos or videos.

To receive a pair of Ray-Ban Meta AI glasses at the July 27 distribution event, individuals must provide proof of military service, acknowledge legal blindness, and own a compatible smart phone.

A day pass to the ACB Conference and Convention with access to the Exhibit Hall will be available for recipients.

For more details about the Ray-Ban Meta AI glasses distribution, visit https://www.acb.org/glasses.

About the American Council of the Blind

The American Council of the Blind is a national member-driven consumer organization representing Americans who are blind or have low vision. With 65 affiliates, ACB strives to increase independence, security, equality of opportunity, and to improve the quality of life for all people who are blind or have low vision. For more information, visit https://www.acb.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-american-council-of-the-blind-to-distribute-ray-ban-meta-ai-glasses-to-blind-veterans-in-st-louis-on-july-27-302826844.html

SOURCE American Council of the Blind

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