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PNC Celebrates 50th New Branch Opening Since Launch of Coast-to-Coast Build-Out of More Than 300 Branches

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PNC remains on track to open more than 55 new branches this year

PITTSBURGH, Aug. 3, 2026 /PRNewswire/ — PNC Bank today announced the opening of its 50th new location, an important milestone in the company’s coast-to-coast build-out of more than 300 branches across key U.S. markets. This milestone reflects the strong momentum behind the national bank’s multi-year strategy to invest $2 billion in its branch network, including building locations in 19 markets as well as renovating its existing network across the U.S. PNC remains on track to open 55 new branches in 2026, the largest single-year branch expansion effort in its history.

The Hialeah branch in Hialeah, Florida, which opened Aug. 3, 2026, marks PNC’s 50th new branch opening and represents consistent progress against the bank’s long-term expansion commitments. The recently opened branches span strategic growth markets across the country, including Dallas, Miami, Houston and Denver.

“Our branch network is the heartbeat of our retail business, offering hospitable and relationship-based advice and assistance to the millions of customers who visit us each month,” said Alex Overstrom, head of Retail Banking at PNC. “Reaching our 50th branch opening is an important milestone in what is ultimately a journey to create a ubiquitous network across the United States.”

PNC’s expansion strategy began with a nearly $1 billion commitment announced in February 2024, which included plans to open more than 100 new branches and renovate more than 1,200 existing locations nationwide through 2028. Building on that foundation, PNC expanded the initiative in November 2024 with an additional $500 million investment, increasing its planned branch openings to more than 200 across 12 cities. Most recently, in November 2025, PNC increased its goal to add a total of 300 new branches by 2030, raising its total branch investment to approximately $2 billion. The announcement also expanded the company’s market footprint and reaffirmed its commitment to fully renovate its entire branch network.

PNC recognizes that physical branches continue to play an essential role in fostering trusted relationships, offering personalized financial guidance and supporting complex financial needs. Through its growing network of new and modernized locations, PNC is giving customers greater choice in how they bank, whether online, through the new mobile app or in person, while ensuring that customers have seamless access to the expertise, products and resources they need to achieve their financial goals.

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.

CONTACT:
Darby Rowe
(717) 824-6314
darby.rowe@pnc.com

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SOURCE PNC Bank

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Enzene Launches NeX™, a Comprehensive Suite of Solutionsto Enable Cost-Efficient, High-Yielding Local Biomanufacturing

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PUNE, India, Aug. 3, 2026 /PRNewswire/ — Enzene, a leading global continuously innovative development and manufacturing organization (CIDMO™), today announced the launch of NeX™, a transformative end-to-end partnership model that enables governments, institutions, and biopharma organizations to establish world-class biomanufacturing capabilities wherever they need them.

Built on the company’s proven EnzeneX® fully‑connected continuous manufacturing™ (FCCM™) platform, NeX delivers a turnkey, scalable, and sustainable way to make state-of-the-art innovation in biologics manufacturing transportable, close to patients and supply chains, and without the prohibitive capital burden of conventional fed‑batch facilities. By enabling local FCCM‑based manufacturing, governments can significantly expand patient affordability and access to life‑saving biologics.

Enzene’s NeX program includes comprehensive build-out and launch coordination with support for facility design and build-out, technology transfer and IP licensing for the EnzeneX platform, workforce development through the company’s SparX™ structured training curriculum, and ongoing operational support during start-up and commercialization. Where required, participating organizations may also receive access to selected products from Enzene’s biosimilar portfolio for manufacture within their own regions.

“A conventional biologics plant often requires between $300 million and $400 million to build,” commented Himanshu Gadgil, Ph.D., CEO of Enzene. “With our fully-connected continuous manufacturing platform, the same output can be achieved for $60–$80 million. The efficiency comes from a compact, integrated system architecture rather than the scale-intensive layouts of fed-batch facilities, allowing for long-term cost advantage and high product yields for locally manufactured biomedicines.  We are already engaged in discussions with multiple governments and corporations all around the world and are looking forward to helping deliver affordable medicines to patients worldwide.”

Enzene’s NeX program is intended to help regions accelerate the establishment of local biopharma capabilities and risk-mitigated supply chains, develop domestic scientific talent, and reduce long-term manufacturing costs for local patients. The company estimates that facilities built under the program can achieve validation and commercial readiness in under three years.

For more information, visit www.enzene.com/nex.

About Enzene

Enzene is a Continuously Innovative Development and Manufacturing (CIDMO™) partner supporting innovators and biosimilar developers across discovery, development, and commercial supply. Operating from facilities in India and the U.S., Enzene provides integrated biologics development and manufacturing services enabled by its EnzeneX® fully‑connected continuous manufacturing™ (FCCM™) platform, which delivers the world’s leading yields and cost efficiency, and is validated for commercial biologics production.

To expand regional biologics capability, Enzene also offers NeX™, an end‑to‑end partnership program that supports governments, institutions, and biopharma organizations in establishing local biomanufacturing, leveraging all the productivity, operating cost and capital advantages of continuous processing. NeX provides comprehensive facility design guidance, technology and IP transfer, workforce development through its SparX™ training program, operational oversight, and territory‑specific pipeline support.

For more information, visit www.enzene.com.

Media Contact:
Miles Fisher-Pollard
Orientation Marketing
milesfp@orientation.agency

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American Council of the Blind’s 2026 Conference and Convention Showcases Innovation, Advocacy, and Community

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ALEXANDRIA, Va., Aug. 3, 2026 /PRNewswire/ — The American Council of the Blind (ACB) concluded its 2026 Conference and Convention, bringing together nearly 1,200 virtual and in-person attendees from across the country. Held during ACB’s 65th anniversary year, the convention celebrated ACB’s legacy of advocacy and its continued commitment to advancing accessibility, innovation, and opportunity for people who are blind or have low vision.

Throughout the week, attendees participated in educational sessions on artificial intelligence, advocacy, accessible technology, leadership, employment, and more. The convention also featured ACB affiliate meetings, networking events, and tours of local attractions. ACB’s Exhibit Hall showcased the latest advancements in assistive technology and other innovative products and services.

Advocacy remained a central focus, with sessions highlighting ACB’s legislative priorities, including improving digital accessibility, expanding accessible transportation and healthcare, and advancing equal opportunity for people who are blind or have low vision.

The convention also celebrated the strength of community through youth and scholarship programs, leadership development, and opportunities for attendees to connect, learn, and build lasting relationships.

ACB’s annual banquet featured keynote speaker Precious Perez, a blind musician and advocate, who shared her personal journey, discussed her advocacy work, and performed some of her original music.

“Our annual convention demonstrates what’s possible when our community comes together to share ideas, advocate for change, and embrace innovation,” said ACB Executive Director Scott Thornhill. “The connections made, knowledge shared, and partnerships formed throughout the week will continue to advance opportunities for people who are blind or have low vision.”

ACB extends its sincere appreciation to the volunteers, presenters, exhibitors, affiliates, sponsors, and attendees whose contributions made this year’s convention a success. ACB also offers a special thanks to the convention Diamond Sponsors, Microsoft, Vanda Pharmaceuticals, and Waymo, for their generous support and commitment to advancing accessibility and inclusion.

The 2027 ACB Conference and Convention will be held July 23-30 in Jacksonville, Florida.

About the American Council of the Blind

The American Council of the Blind (ACB) is a national member-driven organization representing Americans who are blind and have low vision. Founded in 1961, ACB works to increase independence, security, equality of opportunity, and quality of life through advocacy, education, community engagement, and information. Learn more at https://www.acb.org.

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SOURCE American Council of the Blind

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Mousterian Corporation and Samsung Heavy Industries Sign Engineering Contract for the Partnership’s First Floating Data Center Deployment in the United States

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Agreement launches joint engineering of purpose-built, moored floating data centers for the U.S. market, each facility delivering 50 MW of critical IT capacity — advancing the parties’ April 2026 MOU from framework to execution

DALLAS and SEONGNAM, South Korea, Aug. 3, 2026 /PRNewswire/ — Mousterian Corporation, Inc. (“M3”), a developer of water-adjacent data center infrastructure, and Samsung Heavy Industries Co., Ltd. (“SHI”), one of the world’s largest shipbuilders and maritime engineering firms, today announced the signing of an engineering contract for the parties’ first moored floating data center (“FDC”) deployment in the United States, the priority project advanced under their strategic cooperation. The agreement was executed at a signing ceremony held on July 22, 2026.

Under the engineering contract, M3 and SHI will jointly perform the basic design, detailed engineering, and production design for purpose-built moored FDC units, each delivering 50 megawatts (“MW”) of critical IT capacity, planned for deployment in Texas and other key U.S. markets. The engineering program establishes the technical baseline for a definitive Engineering, Procurement, and Construction (“EPC”) contract, which the parties intend to execute upon or prior to completion of the engineering works. The American Bureau of Shipping (ABS) is expected to serve as classification society for the project.

The data center design emphasizes sustainability and environmental sensitivity alongside speed of delivery. Each facility employs bulk non-evaporative cooling that consumes no potable water and returns zero process discharge to the surrounding waterway; and supports facility-scale, high-density, liquid-cooled AI compute at a very low power usage effectiveness (PUE). Because the design eliminates the air-cooled chillers and fans that dominate conventional data centers, each facility also operates with a minimal noise profile — a meaningful reduction in noise pollution for surrounding communities.

The contract marks the first definitive project agreement under the strategic cooperation framework announced by M3 and SHI in April 2026 and moves the partnership from framework to execution on its priority project. The pilot deployment is designed to demonstrate that purpose-built floating data centers, sited adjacent to existing power generation assets, can materially compress delivery timelines for hyperscale and AI compute by unlocking generation capacity beyond the reach of conventional land-based sites.

“Signing this engineering contract transitions our partnership with Samsung Heavy Industries from intent to execution and gives us a clear path to scaling factory-built critical IT capacity for AI-class facilities,” said Min Suh, Chief Executive Officer of Mousterian Corporation. “We are jointly engineering the first mission-critical data center of its class to be fabricated off-site to shipyard standards. Because the facility is built in a shipyard, fabrication advances in parallel with sitework rather than after it — a schedule and scale that conventional delivery methods cannot match. And by siting these facilities alongside existing stranded baseload generation and maritime infrastructure, we reach power that land-based development cannot.”

“Floating data centers are a natural extension of the engineering, fabrication, and project delivery capabilities we have built over five decades in offshore and maritime construction,” said Sung-an Choi, Vice Chairman and Chief Executive Officer of Samsung Heavy Industries. “Together with Mousterian, we intend to deliver floating data centers with the same rigor, quality, and schedule certainty that define our maritime track record.”

The engineering works build on M3’s broader development platform across site origination, power partnerships, data center design, capital formation, and tenant relationships, and on SHI’s engineering, fabrication, and delivery capabilities for floating maritime assets at scale.

About Mousterian Corporation, Inc.

Mousterian Corporation (“M3”) is a developer of water-adjacent data center infrastructure. The company’s platform pairs proprietary floating data center designs with development, power pipeline, capital formation, and tenant relationships across the hyperscale and AI compute sectors. M3’s leadership includes the team behind the world’s first operational floating data center and senior executives drawn from data center design, delivery, operations, infrastructure policy, and capital markets. The company is headquartered in Dallas, Texas. For more information, visit www.mousterian.com.

About Samsung Heavy Industries Co., Ltd.

Samsung Heavy Industries Co., Ltd. (“SHI”), founded in 1974 and headquartered in Seongnam, South Korea, is one of the world’s largest shipbuilders and a leader in offshore and maritime engineering. SHI designs and delivers a broad range of vessels and floating offshore assets, including LNG carriers, drillships, FPSOs, and floating production platforms, for customers worldwide. For more information, visit www.samsungshi.com.

Forward-Looking Statements

This release contains forward-looking statements regarding the parties’ engineering cooperation, the intended execution of a definitive EPC contract, and the future development of floating data center projects, including the parties’ first deployment in the United States. Such statements involve known and unknown risks and uncertainties, and actual results may differ materially from those expressed or implied. The parties undertake no obligation to update any forward-looking statements except as required by law.

Media Contacts
Mousterian Corporation, Inc.
Min Suh, Chief Executive Officer
min@mousterian.com
Samsung Heavy Industries Co., Ltd.
Seunghyun Lee, Director
shyun80.lee@samsung.com 

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SOURCE Mousterian Corporation

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