Technology
AudioCodes Reports Second Quarter 2026 Results and Declares Semi-Annual Dividend of 20 cents per share
Published
2 hours agoon
By
OR YEHUDA, Israel, Aug. 4, 2026 /PRNewswire/ —
Second Quarter Highlights
Quarterly revenues increased by 3.1% year-over-year to $63 million;Quarterly services revenues increased by 6.2% year-over-year to $34.6 million;GAAP results:
– Quarterly GAAP gross margin was 65.7%;
– Quarterly GAAP operating margin was 5.1%;
– Quarterly GAAP net income was $0.5 million, or $0.02 per diluted share.Non-GAAP results:
– Quarterly Non-GAAP gross margin was 65.8%;
– Quarterly Non-GAAP operating margin was 7.4%;
– Quarterly Non-GAAP net income was $3.9 million, or $0.15 per diluted share;Net cash provided by operating activities was $6.1 million for the quarter.AudioCodes repurchased 950,133 of its ordinary shares during the quarter at an aggregate cost of $8.9 million.
Details
AudioCodes (NASDAQ: AUDC) (the “Company”), a global leader in enterprise voice and VoiceAI business solutions, today announced its financial results for the second quarter ended June 30, 2026.
Revenues for the second quarter of 2026 were $63 million compared to $61.1 million for the second quarter of 2025.
Net income was $0.5 million, or $0.02 per diluted share, for the second quarter of 2026 compared to net income of $0.3 million, or $0.01 per diluted share, for the second quarter of 2025.
On a Non-GAAP basis, net income was $3.9 million, or $0.15 per diluted share, for the second quarter of 2026 compared to $4.1 million, or $0.14 per diluted share, for the second quarter of 2025.
Non-GAAP net income excludes: (i) share-based compensation expenses; (ii) amortization expenses related to intangible assets; and (iii) financial income (expenses) related to exchange rate differences in connection with revaluation of assets and liabilities in non-dollar denominated currencies. Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income and non-GAAP operating margin exclude: (i) share-based compensation expenses and (ii) amortization expenses related to intangible assets. Reconciliations of the non-GAAP measures to their most directly comparable GAAP measures are provided in the tables that accompany the condensed consolidated financial statements contained in this press release.
Net cash provided by operating activities was $6.1 million for the second quarter of 2026. Cash and cash equivalents, short-term bank deposits, short-term marketable securities, and long-term financial investments were $64.2 million as of June 30, 2026, compared to $75.7 million as of December 31, 2025. The decrease in cash and cash equivalents, short-term bank deposits, short-term marketable securities, and long-term financial investments was the result of the use of cash for the continued repurchase of the Company’s ordinary shares pursuant to its share repurchase program and the payment of a cash dividend during the first quarter. This was partially offset by cash generated from operating activities and proceeds from the maturity of marketable securities.
“I am pleased to announce strong financial results for the second quarter of 2026, reflecting well on the execution of our strategic initiative to transform AudioCodes into a voice AI-driven cloud software and services company,” stated Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.
Second-quarter results were propelled again by sustained momentum across our two principal growth pillars: the Live suite of managed services for UCaaS and CX, alongside our Conversational AI business. Collectively, these segments advanced Annual Recurring Revenue (ARR) to $84 million, marking an increase of 20% compared to the year ago period. Notably, our Microsoft Teams business maintained its strong momentum, growing 5% year over year.
Consistent with the first quarter of this year, our Conversational AI business grew by more than 50% year over year in the second quarter, reflecting strong and broad-based demand across our Voice AI portfolio. The growing adoption of voice as the most natural and preferred medium for business communication and collaboration is becoming the experience of many and strengthens our confidence in the long-term growth potential of the business. During the quarter, Voice AI Connect and Live Hub delivered record bookings, driven by an accelerating pipeline, consistent new logo acquisition, and significant expansion within our existing customer base. These solutions support both virtual agent and agent-assist capabilities across the growing contact center market, in both cloud and on-premises deployments. Voca CIC, our Microsoft Teams-certified contact center solution has also generated good business progress. In addition, Meeting Insights, our enterprise-grade meeting intelligence solution for cloud and on-premises environments, continues to gain traction as customer interest grows and the opportunity pipeline steadily expands.
“Overall, we achieved our operational and financial targets through maintaining budgetary and managerial discipline. The ongoing investments in Live services and Voice AI have significantly contributed to our current success and position us favorably for continued healthy top-line growth throughout the remainder of 2026,” concluded Mr. Adlersberg.
Share Buy Back Program
In May 2026, the Company received court approval in Israel to purchase up to an aggregate amount of $25 million of ordinary shares. The court approval also permits AudioCodes to declare a dividend out of any part of this amount. The approval is valid through November 12, 2026.
During the quarter ended June 30, 2026, the Company acquired 950,133 of its ordinary shares under its share repurchase program for a total consideration of $8.9 million.
As of June 30, 2026, the Company had $17.4 million available under this approval for the repurchase of shares and/or declaration of cash dividends.
As of June 30, 2026, the total outstanding shares of the Company are 24,590,849.
Cash Dividend
AudioCodes also announced today that the Company’s Board of Directors has declared a semi-annual cash dividend in the amount of 20 cents per share. The aggregate amount of the dividend is approximately $4.8 million. The dividend is payable on September 3, 2026, to all of the Company’s shareholders of record at the close of trading on the NASDAQ Global Select Market on August 19, 2026.
In accordance with Israeli tax law, the dividend is subject to withholding tax at source at the rate of 25% of the dividend amount payable to each shareholder of record, subject to applicable exemptions. If the recipient of the dividend is at the time of distribution or was at any time during the preceding 12-month period the holder of 10% or more of the Company’s share capital, the withholding rate is 30%.
The dividend will be paid in U.S. dollars on the ordinary shares of AudioCodes Ltd. that are traded on the Nasdaq Global Select Market or the Tel-Aviv Stock Exchange. The amount and timing of any other dividends will be determined by the Company’s Board of Directors.
Conference Call & Web Cast Information
AudioCodes will conduct a conference call at 8:30 A.M., Eastern Time today to discuss the Company’s second quarter of 2026 operating performance, financial results and outlook. Interested parties may participate in the conference call by dialing one of the following numbers:
United States Participants: 888-506-0062
International Participants: +1 (973) 528-0011
The conference call will also be simultaneously webcast. Investors are invited to listen to the call live via webcast at the AudioCodes investor website at http://www.audiocodes.com/investors-lobby.
Follow AudioCodes’ social media channels:
AudioCodes invites you to join our online community and follow us on: AudioCodes Voice Blog, LinkedIn, X, Facebook, and YouTube.
About AudioCodes
AudioCodes Ltd. (NASDAQ, TASE: AUDC) is a global leader in enterprise voice and VoiceAI business solutions. We help organizations unlock the full value of voice, transforming every conversation, whether human or AI, into a strategic asset that drives better business outcomes. Our portfolio spans voice connectivity, unified communications and contact center integration, and next-generation voice AI applications that enhance collaboration, automate workflows and deliver real-time insights. With over 30 years of global experience and trusted by 65 of the Fortune 100, AudioCodes powers the intelligent enterprise, connecting people, platforms and data to move business forward.
For more information on AudioCodes, visit http://www.audiocodes.com.
Statements concerning AudioCodes’ business outlook or future economic performance, product introductions and plans and objectives related thereto, and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are “forward-looking statements” as the term is defined under U.S. federal securities laws. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to, the following: the effect of global economic conditions in general and conditions in AudioCodes’ industry and target markets in particular, including governmental undertakings to address such conditions; shifts in supply and demand; market acceptance of new products and the demand for existing products; the impact of competitive products and pricing on AudioCodes’ and its customers’ products and markets; timely product and technology development, upgrades, the advent of artificial intelligence, and the ability to manage changes in market conditions and evolving regulatory regimes, as applicable; possible need for additional financing; the ability to satisfy covenants in AudioCodes’ financing agreements; possible impacts and disruptions from AudioCodes’ acquisitions, including the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes’ business; possible adverse impacts attributable to any pandemic or other public health crisis on our business and results of operations; the effects of the current and any future hostilities involving Israel, including in the regions in which we or our counterparties operate, which may affect our operations and may limit our ability to produce and sell our solutions; any disruption in our operations by the obligations of our personnel to perform military service as a result of current or future military actions involving Israel; and any other factors described in AudioCodes’ filings made with the U.S. Securities and Exchange Commission from time to time. AudioCodes assumes no obligation to update the information in this release.
©2026 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD VoIP, HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, What’s Inside Matters, OSN, SmartTAP, User Management Pack, VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP, 3GX, AudioCodes One Voice, AudioCodes Meeting Insights, and AudioCodes Room Experience are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners. Product specifications are subject to change without notice.
AUDIOCODES LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
U.S. dollars in thousands
June 30,
December 31,
2026
2025
(Unaudited)
(Unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
$ 51,414
$ 45,282
Short-term bank deposits
255
239
Short-term marketable securities
10,001
27,350
Trade receivables, net
62,877
67,358
Other receivables and prepaid expenses
18,581
19,064
Inventories
23,764
22,032
Total current assets
166,892
181,325
LONG-TERM ASSETS:
Long-term Trade receivables
$ 10,785
$ 13,065
Long-term financial investments
2,492
2,790
Deferred tax assets
7,026
7,773
Operating lease right-of-use assets
31,573
30,077
Severance pay funds
23,057
21,163
Total long-term assets
74,933
74,868
PROPERTY AND EQUIPMENT, NET
29,636
29,248
GOODWILL, INTANGIBLE ASSETS AND OTHER, NET
37,560
37,579
Total assets
$ 309,021
$ 323,020
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Trade payables
9,439
6,416
Other payables and accrued expenses
29,640
30,284
Deferred revenues
41,466
38,243
Short-term operating lease liabilities
7,430
6,635
Total current liabilities
87,975
81,578
LONG-TERM LIABILITIES:
Accrued severance pay
$ 19,097
$ 18,278
Deferred revenues and other liabilities
22,230
20,517
Long-term operating lease liabilities
33,938
31,348
Total long-term liabilities
75,265
70,143
Total shareholders’ equity
145,781
171,299
Total liabilities and shareholders’ equity
$ 309,021
$ 323,020
AUDIOCODES LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
U.S. dollars in thousands, except per share data
Six months ended
Three months ended
June 30,
June 30,
2026
2025
2026
2025
(Unaudited)
(Unaudited)
Revenues:
Products
$ 56,508
$ 56,290
$ 28,378
$ 28,515
Services
68,593
65,162
34,580
32,563
Total Revenues
125,101
121,452
62,958
61,078
Cost of revenues:
Products
20,160
21,936
10,249
10,919
Services
22,455
21,258
11,348
11,035
Total Cost of revenues
42,615
43,194
21,597
21,954
Gross profit
82,486
78,258
41,361
39,124
Operating expenses:
Research and development, net
27,354
25,899
13,296
12,873
Selling and marketing
40,664
38,376
20,984
19,815
General and administrative
7,906
7,738
3,883
3,836
Total operating expenses
75,924
72,013
38,163
36,524
Operating income
6,562
6,245
3,198
2,600
Financial income (expenses), net
(2,141)
522
(1,759)
(1,194)
Income before taxes on income
4,421
6,767
1,439
1,406
Taxes on income, net
(1,991)
(2,445)
(962)
(1,100)
Net income
$ 2,430
$ 4,322
$ 477
$ 306
Basic net earnings per share
$ 0.09
$ 0.15
$ 0.02
$ 0.01
Diluted net earnings per share
$ 0.09
$ 0.15
$ 0.02
$ 0.01
Weighted average number of shares used in computing
basic net earnings per share (in thousands)
25,826
29,202
25,185
28,877
Weighted average number of shares used in computing
diluted net earnings per share (in thousands)
26,322
29,699
25,753
29,353
AUDIOCODES LTD. AND ITS SUBSIDIARIES
RECONCILIATION OF GAAP TO NON-GAAP RESULTS
U.S. dollars in thousands, except per share data
Six months ended
Three months ended
June 30,
June 30,
2026
2025
2026
2025
(Unaudited)
(Unaudited)
Gross profit
$ 82,486
$ 78,258
$ 41,361
$ 39,124
Gross margin
65.9 %
64.4 %
65.7 %
64.1 %
Share-based compensation (1)
153
225
75
130
Amortization expenses (2)
–
244
–
122
Non-GAAP gross profit
82,639
78,727
41,436
39,376
Non-GAAP gross margin
66.1 %
64.8 %
65.8 %
64.5 %
Operating income
$ 6,562
$ 6,245
$ 3,198
$ 2,600
Operating margin
5.2 %
5.1 %
5.1 %
4.3 %
Share-based compensation (1)
2,811
3,276
1,422
1,688
Amortization expenses (2)
19
266
8
133
Non-GAAP operating income
9,392
9,787
4,628
4,421
Non-GAAP operating margin
7.5 %
8.1 %
7.4 %
7.2 %
Net income
$ 2,430
$ 4,322
$ 477
$ 306
Net earnings per share
$ 0.09
$ 0.14
$ 0.02
$ 0.01
Share-based compensation (1)
2,811
3,276
1,422
1,688
Amortization expenses (2)
19
266
8
133
Exchange rate differences (3)
2,388
918
1,980
1,953
Non-GAAP net income
$ 7,648
$ 8,782
$ 3,887
$ 4,080
Non-GAAP diluted net earnings per share
$ 0.28
$ 0.29
$ 0.15
$ 0.14
Weighted average number of shares used in computing
Non-GAAP diluted net earnings per share (in thousands)
27,075
30,422
26,430
30,120
(1) Share-based compensation expenses related to options and restricted share units granted to employees and others.
(2) Amortization expenses related to intangible assets.
(3) Financial income (expenses) related to exchange rate differences in connection with revaluation of assets and liabilities in non-dollar denominated currencies.
Note: Non-GAAP measures should be considered in addition to, and not as a substitute for, the results prepared in accordance with GAAP. The Company believes that non-GAAP information is useful because it can enhance the understanding of its ongoing economic performance and therefore uses internally this non-GAAP information to evaluate and manage its operations. The Company has chosen to provide this information to investors to enable them to perform comparisons of operating results in a manner similar to how the Company analyzes its operating results and because many comparable companies report this type of information.
The non-GAAP measures used by the Company may not be comparable to similarly titled non-GAAP measures used by other companies.
AUDIOCODES LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
U.S. dollars in thousands
Six months ended
Three months ended
June 30,
June 30,
2026
2025
2026
2025
(Unaudited)
(Unaudited)
Cash flows from operating activities:
Net income
$ 2,430
$ 4,322
$ 477
$ 306
Adjustments required to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
2,212
1,913
1,131
959
Amortization of marketable securities premiums and accretion of discounts, net
122
197
44
93
Decrease (increase) in accrued severance pay, net
(1,075)
76
(823)
(57)
Share-based compensation expenses
2,811
3,276
1,422
1,688
Decrease in deferred tax assets, net
690
307
165
(312)
Cash financial loss (income), net
407
22
168
(31)
Decrease in operating lease right-of-use assets
2,263
2,199
1,057
1,453
Decrease (increase) in operating lease liabilities
(374)
422
786
1,965
Decrease (increase) in trade receivables, net
6,761
(3,136)
(2,905)
(3,922)
Decrease (increase) in other receivables and prepaid expenses
483
(4,444)
850
(6,827)
Decrease (increase) in inventories
(1,866)
4,976
(911)
2,121
Increase in trade payables
2,883
87
1,269
1,376
Decrease in other payables and accrued expenses
(4,150)
6,750
2,009
9,345
Increase in deferred revenues
5,320
4,215
1,357
(432)
Net cash provided by operating activities
18,917
21,182
6,096
7,725
Cash flows from investing activities:
Proceeds from short-term deposits
(16)
(18)
(13)
(19)
Proceeds from financial investment
122
178
88
65
Proceeds from maturity of marketable securities
17,377
3,200
14,377
–
Purchase of financial investments
(135)
(442)
(135)
–
Purchase of property and equipment
(2,296)
(3,259)
(1,051)
(1,785)
Net cash provided by (used in) investing activities
15,052
(341)
13,266
(1,739)
AUDIOCODES LTD. AND ITS SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
U.S. dollars in thousands
Six months ended
Three months ended
June 30,
June 30,
2026
2025
2026
2025
(Unaudited)
(Unaudited)
Cash flows from financing activities:
Purchase of treasury shares
(22,548)
(11,818)
(8,876)
(6,610)
Cash dividends paid to shareholders
(5,289)
(5,326)
–
–
Proceeds from issuance of shares upon exercise of options
–
173
–
110
Net cash used in financing activities
(27,837)
(16,971)
(8,876)
(6,500)
Net increase (decrease) in cash and cash equivalents
6,132
3,870
10,486
(514)
Cash and cash equivalents at beginning of period
45,282
58,749
40,928
63,133
Cash and cash equivalents at end of period
$ 51,414
$ 62,619
$ 51,414
$ 62,619
Company Contacts
Niran Baruch,
Chief Financial Officer
AudioCodes
Tel: +972-3-976-4000
Roger L. Chuchen
VP, Investor Relations
AudioCodes
Tel: +1-732-764-2552
Logo – https://mma.prnewswire.com/media/2391462/audiocodes_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/audiocodes-reports-second-quarter-2026-results-and-declares-semi-annual-dividend-of-20-cents-per-share-302842022.html
SOURCE AudioCodes
You may like
Technology
WEPSEA 2026 to Spotlight AI, Sustainability and Regional Growth Through 20+ Conferences and Networking Events
Published
51 minutes agoon
August 4, 2026By
SHANGHAI, Aug. 4, 2026 /PRNewswire/ — As Southeast Asia continues to strengthen its position as one of the world’s fastest-growing manufacturing and consumer markets, the packaging industry is undergoing rapid transformation driven by digitalisation, sustainability and supply chain diversification. Against this backdrop, WEPSEA 2026 (World Expo of Packaging Industry Southeast Asia), organised by RX (China) in strategic cooperation with the World Packaging Organisation (WPO), will take place from 27–29 August 2026 at Jakarta International Expo (JIExpo), Indonesia.
Bringing together the complete packaging value chain, WEPSEA 2026 will showcase the latest innovations in corrugated packaging, folding cartons, digital printing, specialty paper, food packaging, converting technologies and packaging applications. More importantly, the event will feature 20+ conferences, workshops and networking activities, providing industry professionals with valuable market intelligence, technical insights and business development opportunities across Southeast Asia.
Opening Conference to Explore Southeast Asia’s Packaging Future
The exhibition will officially open with the Southeast Asia Packaging Industry Conference 2026, the flagship forum bringing together leaders from industry associations, market research organisations and leading enterprises across the region.
The conference will examine how paper and packaging companies can strengthen competitiveness amid growing sustainability requirements while identifying new growth opportunities across Southeast Asia. Discussions will also explore regional collaboration, evolving supply chain dynamics and investment prospects, offering strategic guidance for businesses seeking to expand in one of the world’s most promising packaging markets.
Additional sessions will focus on emerging industry trends, including digital printing for short-run production and packaging innovation driven by ESG initiatives in the food and beverage sector.
AI and Smart Manufacturing Take Centre Stage
Artificial intelligence and automation are reshaping packaging manufacturing, and WEPSEA 2026 will place these technologies at the heart of its conference programme.
The Next-Generation Smart Packaging Solutions Forum, taking place on 28 August, will showcase how AI-powered automation is improving productivity throughout the printing and packaging workflow.
Industry experts will present practical applications covering intelligent prepress automation, workflow optimisation and automated imposition technologies, demonstrating how digital solutions can improve operational efficiency while reducing production costs.
The forum will also feature a dedicated session led by Indonesian experts on Halal packaging labelling, helping international companies better understand certification requirements and branding opportunities in one of the world’s largest halal consumer markets.
Complementing the technical programme, the Printerpreneur Talk Show will bring together experienced business leaders to discuss practical cost-optimisation strategies through lightweight packaging materials—including corrugated and honeycomb paper—as well as print-on-demand production models.
Addressing Industry Challenges Through Innovation
As manufacturers face increasing pressure from rising raw material costs, geopolitical uncertainty and changing customer expectations, innovation has become essential for maintaining competitiveness.
The afternoon forum, “Navigating Challenges and Innovations in the Packaging Industry,” will explore how packaging companies can adapt to evolving market conditions through flexible manufacturing, advanced materials and sustainable business practices.
Experts will discuss the transition towards short-run production, innovative packaging materials, Extended Producer Responsibility (EPR), and strategies for building resilient supply chains, providing valuable insights for companies pursuing long-term growth.
Hands-on Workshop Delivers Practical Packaging Expertise
Beyond keynote presentations, WEPSEA 2026 will offer an interactive workshop dedicated to solving the Top Ten Printing Challenges in FMCG Packaging.
Designed as a practical learning experience, the workshop will analyse real production cases covering common printing defects from artwork preparation through post-press finishing.
Participants will also join immersive “Packaging Detective” exercises, learning how to identify hidden prepress risks, inspect print registration, evaluate die-cutting quality and improve on-site quality control. The workshop is expected to deliver immediate value for production managers, quality engineers and packaging professionals seeking to enhance manufacturing performance.
Business Networking Beyond the Exhibition Floor
Creating meaningful business connections remains one of the defining features of WEPSEA 2026.
On 29 August, the exhibition will host an exclusive Business Networking Cocktail Reception, bringing together exhibitors, buyers, technology providers, converters, brand owners and industry associations in a relaxed setting designed to encourage cross-border collaboration and business matching.
Additional networking activities, including the PACT Alliance Indonesia Golf Invitational, will provide senior executives with further opportunities to strengthen industry relationships and explore new partnerships beyond the exhibition halls.
To enhance the overall visitor experience, organisers will also provide digital visitor tools, VIP hospitality services and comprehensive on-site support, enabling attendees to maximise both learning and business outcomes throughout the three-day event.
A Gateway to Southeast Asia’s Expanding Packaging Market
Southeast Asia continues to attract global investment in manufacturing, consumer goods, logistics and industrial production, creating strong demand for advanced packaging technologies and innovative solutions.
Positioned at the centre of this rapidly growing market, WEPSEA 2026 offers international suppliers, converters, packaging manufacturers, brand owners and buyers a unique opportunity to connect with the region’s expanding packaging ecosystem, discover cutting-edge technologies and establish long-term business partnerships.
From strategic market intelligence and technology sharing to hands-on workshops and high-value networking, WEPSEA 2026 is set to become one of Southeast Asia’s most influential gatherings for the global packaging industry, empowering businesses to unlock new opportunities and accelerate growth across the ASEAN market.
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/wepsea-2026-to-spotlight-ai-sustainability-and-regional-growth-through-20-conferences-and-networking-events-302841082.html
SOURCE RX (China)
Technology
Exploring an Innovative Path for Desert Green Power —- China-Egypt Belt and Road Joint Laboratory on Renewable Energy
Published
51 minutes agoon
August 4, 2026By
SOHAG, Egypt, Aug. 4, 2026 /PRNewswire/ — A news report from Science and Technology Daily:
On Karaman Island in Sohag, southern Egypt, rows of photovoltaic (PV) panels cover the roofs of the PV R&D base of Egypt’s Academy of Scientific Research and Technology (ASRT). The PV modules absorb sunlight, converting it into green electricity.
This is the work of the China-Egypt Belt and Road Joint Laboratory on Renewable Energy. Speaking of the major achievements made by the joint lab so far, Mohamed Zahran, a professor at the ASRT, listed several “firsts.”
In October 2023, Egypt produced its first locally made half-cut solar cell. One month later, Egypt fabricated its first locally made high-efficiency half-cell solar module.
“The joint lab is the core driver behind these achievements, providing comprehensive support for our technological breakthroughs and independent production,” Zahran said.
Building an R&D and production system
“Before the joint lab was launched for establishment, Egypt’s PV sector faced numerous constraints,” Zahran noted. There was a lack of standardized R&D facilities, complete sets of production equipment, and mature fabrication processes or technical systems. Since all solar cells relied on imports, local research teams had no means to conduct hands-on R&D or test trial-mass production.
The joint lab changed all of that.
“It established a complete PV cell R&D and production system for Egypt,” Zahran said. The system covers core processes of PV cell manufacturing, a complete set of professional production and testing equipment, and a standardized, clean R&D and production facility tailored for desert climates.
“Over the years, the joint lab has truly become a standout ‘Chinese business card’ locally,” said Zhou Meng, deputy director of the research department at the 48th Research Institute of China Electronics Technology Group Corporation (CETC). Moving forward, the two sides will further promote joint R&D and transformation of advanced PV technologies, enabling local residents to enjoy more technological dividends from renewable energy.
Broadening the scope of collaboration
“Egypt is rich in solar resources, with an average of 3,000 hours of full sunshine per year, giving it uniquely gifted natural conditions for developing renewable energy like solar power. China possesses the world’s most mature PV technologies, equipment, and supply chains,” Zhou said. The cooperation between China and Egypt in the renewable energy sector represents a textbook case of complementary advantages, making the partnership “a perfect match right from the start.”
During the initial construction phase of the joint lab on Karaman Island, the site faced constraints in local power supply and water access.
“In response to these challenges, the joint lab has established a series of PV demonstration systems, including an on/off-grid PV system, a PV water pumping system, and a PV water purification system,” said Lu Yunzhang, a research fellow at the 48th Research Institute of CETC. These “small and beautiful” livelihood projects have effectively mitigated local power and water scarcity, serving as a practical model for regional energy security.
In the eyes of Aref Eliwa, a professor at the ASRT, there is immense potential for China-Egypt cooperation in the renewable energy sector, and the joint lab has a promising future in driving Egypt’s energy transition.
“Through the invaluable platform of the joint lab, scientists from China and Egypt can carry out deep cooperation and drive joint innovation,” Eliwa noted, citing an example. With collaborative research efforts, the joint lab overcame technical bottlenecks in high-resistance dense-grid solar cell technology. The milestone significantly enhanced PV cell efficiency and laid a solid technological foundation for developing PV products tailored to Egypt’s local solar environment.
Forging a deep friendship
In building and running the joint lab side by side, the two sides have shared thick and thin, leading to a steady deepening of their friendship and collaboration.
“In our day-to-day work, despite differences in language, culture, and habits, we have always been completely aligned, moving forward with a single mind and a shared purpose,” Lu said. One memory remains particularly vivid for him. On one occasion, the joint lab urgently needed an industrial component that could not be found locally. Upon hearing this, an Egyptian contractor immediately dispatched a courier to drive more than 600 kilometers through the night from Cairo to deliver it. “This kind of ‘we’re in this together’ solidarity is truly moving.”
What remains especially unforgettable for Zahran is that at the initial construction phase of the joint lab, the temperature inside the joint lab soared past 40 degrees Celsius during the testing and commissioning of the diffusion furnace. Yet, the Chinese staff still worked tirelessly for long hours to ensure the project stayed on schedule.
“It is moments like these that make me say with certainty: we have never been two separate teams, but rather one family tightly bound by a shared mission,” Zahran said. This shared mission is to jointly tackle breakthroughs in renewable energy technologies, steering Egypt and the entire African continent toward success in the green energy sector.
“In the future, we plan to upgrade the joint lab into a regional renewable energy innovation center,” stated Zhou. Through collaborative R&D, technology demonstration and promotion, as well as technical training, the joint lab will amplify its spillover and driving effects across the region.
View original content to download multimedia:https://www.prnewswire.com/news-releases/exploring-an-innovative-path-for-desert-green-power–china-egypt-belt-and-road-joint-laboratory-on-renewable-energy-302842069.html
SOURCE Science and Technology Daily
Technology
PERIOD., the Dutch #1 period-tracking app that sells nothing about its users launches in the UK
Published
51 minutes agoon
August 4, 2026By
LONDON, Aug. 4, 2026 /PRNewswire/ — PERIOD., a cycle tracking app that does not ask for a user’s name, carries no advertising and sells nothing about the women who use it, launches in the UK today. It reached number one in the Dutch health App Store within weeks of its March launch.
It arrives a year to the week after a California jury found Meta liable for intercepting the menstruation and pregnancy data of women using the period app Flo, the first verdict of its kind. Meta faces exposure of up to $8 billion for Californian users alone.
Around one-in-three UK women have used a period or fertility app. The University of Cambridge’s Minderoo Centre called that data a “gold mine” for profiling, warning it can expose women to insurance discrimination, workplace monitoring, cyberstalking and barriers to abortion.
PERIOD. is built on a simpler premise: an app cannot lose, sell or surrender what it never asked for. No name required, no advertising, no data sales, and none of the tracking tools much of the category relies on. The company is bootstrapped, with no investors to satisfy.
It was built by Lisa Volkers, former chief editor of the Dutch title LINDA.meiden, and her partner Diederick Trampe.
“I wanted to understand my own cycle, and instead I was handing over everything about myself to companies I knew nothing about,” said Volkers, co-founder and CEO of PERIOD. “So we built the opposite. You hold your data, and you can delete all of it in a second.”
Basic tracking is free and data is held on servers in the European Union. Users can export or delete everything at any time. The paid tier, PERIOD. plus, adds an AI assistant that answers questions about symptoms and hormones in 19 languages and does not train on what users tell it.
“Britain has just taken women out of the criminal law on abortion, but the records those investigations relied on are still being collected, in apps women cannot see inside. Laws change. The only reliable protection is not to hold the information in the first place.”
PERIOD. reached 10,000 users in its first two weeks and is now used by tens of thousands of women in the Netherlands.
Please find images here and for more information visit: myperiod.app
View original content:https://www.prnewswire.co.uk/news-releases/period-the-dutch-1-period-tracking-app-that-sells-nothing-about-its-users-launches-in-the-uk-302841307.html
WEPSEA 2026 to Spotlight AI, Sustainability and Regional Growth Through 20+ Conferences and Networking Events
Exploring an Innovative Path for Desert Green Power —- China-Egypt Belt and Road Joint Laboratory on Renewable Energy
PERIOD., the Dutch #1 period-tracking app that sells nothing about its users launches in the UK
Send Rakhi to UK swiftly with UK Gifts Portal
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
New Gooseneck Omni Antennas Offer Enhanced Signals in a Durable Package
Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Near Videos4 days agoThe next AI power users won’t be big companies.
-
Technology5 days ago37th Parallel Properties Expands Dallas-Fort Worth Footprint with Off-Market Acquisition of 222-Unit Woodbridge Villas
-
Coin Market4 days agoBhutan’s Gelephu taps 3iQ to manage part of Bitcoin treasury
-
Coin Market4 days agoCrypto’s next altseason may have fewer winners: Wintermute
-
Technology5 days ago1 in 5 Small Businesses Will Hit a Cash Crunch in the Next 90 Days, New Clockwork.ai Data Finds
-
Technology4 days agoHanon Systems Releases of 2025/26 ESG Report
-
Coin Market4 days agoBIS Project Agorá settles $1 million in tokenized cross-border payment trials
-
Coin Market4 days agoEx-FTX users report funds being released in $900M distribution round
