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TAT Technologies Reports Record Second Quarter 2026 Results

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3 months ago

on

Revenue Increases 22.8% as Demand Remains Strong and Supply Chain Conditions Ease; Backlog and Long-Term Agreements Reach Record $615 Million 

CHARLOTTE, N.C., Aug. 5, 2026 /PRNewswire/ — TAT Technologies Ltd. (NASDAQ: TATT) (TASE: TAT Tech), a leading supplier of products and services for the commercial and military aerospace and ground defense industries, today reported financial results for the second quarter ended June 30, 2026.

Financial highlights:

Revenues were $52.9 million, a 22.8% increase compared to $43.1 million in the second quarter of 2025. For the first half of 2026, revenues increased by 10.4% to $94.1 million compared to $85.2 million in the first half of 2025.Gross profit increased by 23.0% to $13.3 million, representing 25.2% of revenues, compared to $10.8 million (25.1% of revenues) in the second quarter of 2025. For the first half of 2026, gross profit increased by 12.4% to $23.4 million compared to $20.8 million in the first half of 2025 (24.8% of revenues in the first half of 2026 compared to 24.4% of revenues in the first half of 2025).Operating Income increased by 26.8% to $5.6 million (10.6% of revenues) compared to $4.4 million (10.3% of revenues) for Q2 2025. For the first half of 2026, operating income was $8.6 million (9.1% of revenues) compared to $8.6 million (10.1% of revenues) in the first half of 2025Net Income of $8.1 million (Diluted EPS of $0.61) compared to $3.4 million for Q2 2025 (Diluted EPS of $0.3). The second quarter of 2026 included a $4.3 million (Diluted EPS of $0.26) net of tax, non-operating gain from the sale of a minority interest in an unconsolidated entity. Excluding the non-recurring benefit, net income would have been $4.66 million, an increase of 35.2% compared to the previous period (and Adjusted Diluted EPS of $0.35). For the first six months of the year, net profit was $11.5 (Diluted EPS of $0.87) million. Excluding the one-time net impact of the minority interest sale, net profit for the first six months was $8.06 million, an increase of 11.0% compared to $7.3 million in the previous period.Adjusted EBITDA was $7.4 million (14.0% of revenues), a 22.7% increase from $6.1 million (14.0% of revenues) for Q2 2025. Adjusted EBITDA for the first half of 2026 increased by 4.1% to $12.3 million (13.1% of revenues) compared to $11.8 million (13.8% of revenues) in the first half of 2025.Cash flow used in operations for the second quarter was $(0.6) million compared to $6.9 million provided by operations in Q2 2025. Cash flow from operations was $1.4 million in the first half of 2026 compared to $1.9 million in the first half of 2025.Backlog and Long-Term Agreements: approximately $615 million as of June 30, 2026, up from approximately $580 million on March 31, 2026, reflecting continued strong customer demand and providing multi-year revenue visibility.

“Continued strong demand and solid execution drove nearly 23% revenue growth and continued profitability improvements,” said Igal Zamir, TAT’s CEO and President. “This performance reflects our strategic position in the market, targeting high-demand services backed by established and solid relationships with OEMs. In part, improving supply chain conditions enabled us to convert previously constrained customer demand into revenue in the quarter, further enhancing results. Demand across our end markets remains robust and customer loyalty remained strong despite the supply chain shortages, driving backlog and long-term agreements to the highest in company history. Although supply chain conditions have not fully normalized, we remain focused on securing the components our customers need, reinforcing our position as a trusted aftermarket partner and supporting long-term profitable growth.”

“We have expanded our strategic relationship with Honeywell Aerospace” Zamir continued. “We became the sole authorized distributor(*) of spare parts for the 331-200 auxiliary power unit platform (APU), extended our MRO license through 2036, and acquired three Honeywell Aerospace 131-9A APUs to expand our leasing business. These agreements strengthen our position in the APU aftermarket and ensure that we will continue to be a valued partner for Honeywell for a long time to come.”

“We believe the combination of historically high customer demand, expanding platform coverage, and a record backlog, combined with improving supply chain conditions, positions TAT well for continued profitable growth,” Concluded Zamir.

(*) As previously disclosed in the Company’s Report on Form 6-K filed on July 14, 2026.

Investor Call Information

TAT Technologies will host an earnings webcast and conference call today, August 5, 2026, at 8:00 a.m. Eastern Time to discuss second quarter results. Investors may register using the link below or by visiting the Company’s website.

Webcast Registration: https://us06web.zoom.us/webinar/register/WN_MRtan_3wQoG9XfDYLkuNeA

Investor Relations Website: https://tat-technologies.com/investors/

Non-GAAP Financial Measures

To supplement its GAAP results, the Company presents Adjusted EBITDA to provide investors with additional insight into underlying operating performance. Adjusted EBITDA excludes the Company’s share in results of affiliated companies, share-based compensation, income taxes, net financial (expenses) income, and depreciation and amortization. Adjusted EBITDA should not be considered as an alternative to net income and operating income for the period and may not be indicative of the historic operating results of the Company; nor is it meant to be predictive of potential future results. Adjusted EBITDA is not a measure of financial performance under generally accepted accounting principles and may not be comparable to other similarly titled measures for other companies. See reconciliation of Adjusted EBITDA below.

About TAT Technologies

TAT Technologies Ltd. (NASDAQ: TATT) (TASE: TAT Tech) is a leading provider of services and products to the commercial and military aerospace and ground defense industries, providing OEM heat transfer solutions and aviation accessories, MRO services for aviation components, including heat transfer solutions, overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes and afterburner flaps and MRO services on APU’s, landing gears and other aircraft components for airlines, air cargo carriers, maintenance service centers and the military. For more information, please visit www.tat-technologies.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the United States federal securities laws. These forward-looking statements include, without limitation, statements regarding possible or assumed future operating results, demand conditions, supply chain conditions, customer relationships, backlog conversion, market position, and growth prospects. These statements are hereby identified as “forward-looking statements” for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause our results to differ materially from management’s current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations, including, but not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, LTAs and backlog, the price and continuity of supply of component parts used in our operations, the war and hostilities between Israel and Hamas, Hezbollah and Iran, regional shipping disruptions and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F and its periodic reports on Form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update publicly or revise any forward-looking statement.

Contact:

Eran Yunger
Director of IR
Tel: +1-980-451-1115
erany@tat-technologies.com

UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

 

TAT TECHNOLOGIES LTD.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS 

U.S dollars in thousands

June 30,

December 31,

2026

2025

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$54,629

$51,259

Accounts receivable, net of allowance for credit losses of $228
and $172 as of June 30, 2026, and December 31, 2025,
respectively 

 

38,813

 

33,420

Inventory

85,189

75,549

Prepaid expenses and other current assets

7,041

6,071

Total current assets

185,672

166,299

NON-CURRENT ASSETS:

Property, plant and equipment, net

47,001

46,922

Operating lease right of use assets

5,285

5,807

Intangible assets, net

1,884

1,452

Investment in affiliates

5,726

4,905

Funds in respect of employee rights upon retirement

446

398

Deferred tax assets

573

639

Restricted deposit

–

307

Total non-current assets

60,915

60,430

Total assets

$246,587

$226,729

 

 

TAT TECHNOLOGIES LTD.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS  

U.S dollars in thousands

June 30,

December 31,

2026

2025

LIABILITIES AND SHAREHOLDERS’ EQUITY

CURRENT LIABILITIES:

Current maturities of long-term debts

$164

$2,227

Accounts payable

18,531

12,986

Accrued expenses and other current liabilities

18,309

17,296

Current maturities of operating lease liabilities

1,459

1,474

Total current liabilities

38,463

33,983

NON-CURRENT LIABILITIES:

    Long-term debts, net

11,018

9,485

Operating lease liabilities

4,032

4,448

Liability in respect of employee rights upon retirement

853

770

Deferred tax liabilities

3,286

1,652

 Total non-current liabilities

19,189

16,355

COMMITMENTS AND CONTINGENCIES (NOTE 7)                                                

–

–

Total liabilities

57,652

50,338

 

SHAREHOLDERS’ EQUITY:

Ordinary shares of NIS 0 par value

Authorized: 19,000,000 shares at June 30, 2026, and at December 31, 2025

Issued:13,272,610 shares at June 30, 2026, and 13,257,610 shares at December
31, 2025 

Outstanding: 12,998,137 shares at June 30, 2026, and 12,983,137 shares
at December 31, 2025

–

–

Additional paid-in capital

137,567

136,578

Treasury stock at cost

(2,088)

(2,088)

Accumulated other comprehensive income

727

643

Retained earnings

52,729

41,258

Total shareholders’ equity

188,935

176,391

Total liabilities and shareholders’ equity

$246,587

$226,729

 

 

TAT TECHNOLOGIES LTD. 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME

U.S dollars in thousands

Three Months Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Revenues:

Products

$15,329

$12,463

$29,235

$25,187

Services

37,609

30,641

64,850

60,059

52,938

43,104

94,085

85,246

Costs:

Products

10,775

9,112

20,874

17,443

Services

28,843

23,167

49,860

47,024

39,618

32,279

70,734

64,467

Gross profit

13,320

10,825

23,351

20,779

Operating expenses:

Research and development, net

535

240

1,106

564

Selling and marketing

2,530

2,185

4,712

4,113

General and administrative

4,632

3,965

8,925

7,497

7,697

6,390

14,743

12,174

Operating income

5,623

4,435

8,608

8,605

Gain on sale of equity investment

4,324

–

4,324

–

Interest expenses

(182)

(324)

(330)

(659)

Other financial expenses, net

(368)

(776)

(181)

(499)

Income before taxes on income

9,397

3,335

12,421

7,447

Provision for income taxes

1,911

211

2,056

803

Income before share of equity investment

7,486

3,124

10,365

6,644

Share in profits of equity investment
of affiliated companies

585

318

1,106

611

Net income

$8,071

$3,442

$11,471

$7,255

 

 

TAT TECHNOLOGIES LTD.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME 

U.S dollars in thousands, except share and per share data 

Three Months Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Earnings per share

Basic

$0.62

$ 0.30

$0.88

$ 0.65

Diluted

$0.61

$ 0.30

$0.87

$ 0.64

Weighted average number of shares
outstanding

Basic

12,987,471

11,447,986

12,985,316

11,196,992

Diluted

13,131,610

11,666,309

13,164,168

11,409,488

 

TAT TECHNOLOGIES LTD. 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 

U.S dollars in thousands

Three Months Ended

 June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Net income

$8,071

$3,442

$11,471

$7,255

Other comprehensive income (loss), net:

Change in foreign currency translation adjustments

(100)

148

91

676

Net unrealized losses from derivatives

(7)

–

(7)

–

        Total comprehensive income

$7,964

$3,590

$11,555

$7,931

 

TAT TECHNOLOGIES LTD. 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY 

U.S dollars in thousands, except share data 

Share capital

Accumulated

Number of
shares issued

Amount

Additional
paid-in
capital

other 
comprehensive
income

Treasury shares

Retained earnings

Total equity

BALANCE AT MARCH 31, 2025

11,214,831

$-

$89,919

$452

$(2,088)

$28,249

$116,532

CHANGES DURING THE THREE MONTHS ENDED JUNE 30, 2025:

Comprehensive income

–

–

–

148

–

3,442

3,590

Exercise of stock option

79,633

–

–

–

–

–

–

Issuance of common shares on public offering, net of issuance costs of
$2,769

1,625,000

–

39,415

–

–

–

39,415

Exercise of the underwriters’ option on public offering, net of issuance
costs of $413

242,298

–

5,953

–

–

–

5,953

Share based compensation

–

–

291

–

–

–

291

BALANCE AT JUNE 30, 2025 

13,161,762

$ –

$135,578

$600

$(2,088)

$31,691

$165,781

BALANCE AT MARCH 31, 2026

13,257,610

$-

$137,071

$834

$(2,088)

$44,658

$180,475

CHANGES DURING THE THREE MONTHS ENDED JUNE 30, 2026:

Comprehensive income

–

–

–

(107)

–

8,071

7,964

Exercise of stock option

15,000

–

136

–

–

–

136

Share based compensation

–

–

360

–

–

–

360

BALANCE AT JUNE 30, 2026

13,272,610

$-

$137,567

$727

$(2,088)

$52,729

$188,935

 

TAT TECHNOLOGIES LTD. 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY 

U.S dollars in thousands, except share data 

Share capital

Accumulated

Number of
shares issued

Amount

Additional
paid-in
capital

other
comprehensive
income (loss)

Treasury shares

Retained earnings

Total equity

BALANCE AT DECEMBER 31, 2024 

11,214,831

$-

$89,697

$(76)

$(2,088)

$24,436

$111,969

CHANGES DURING THE SIX MONTHS ENDED JUNE 30, 2025:

Comprehensive income

–

–

–

676

–

7,255

7,931

Exercise of option

79,633

–

–

–

–

–

–

Issuance of common shares on public offering, net of issuance costs of
$2,769

1,625,000

–

39,415

–

–

–

39,415

Exercise of the underwriters’ option on public offering, net of issuance
costs of $413

242,298

–

5,953

–

–

–

5,953

Share based compensation

–

–

513

–

–

–

513

BALANCE AT JUNE 30, 2025

13,161,762

$-

$135,578

$600

$(2,088)

$31,691

$165,781

BALANCE AT DECEMBER 31, 2025

13,257,610

$-

$136,578

$643

$(2,088)

$41,258

$176,391

CHANGES DURING THE SIX MONTHS ENDED JUNE 30, 2026:

Comprehensive income

–

–

–

84

–

11,471

11,555

Exercise of option

15,000

–

136

–

–

–

136

Share based compensation

–

–

853

–

–

–

853

BALANCE AT JUNE 30, 2026

13,272,610

$-

$137,567

$727

$(2,088)

$52,729

$188,935

 

TAT TECHNOLOGIES LTD. 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 

U.S. dollars in thousands

Three Months Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income 

$8,071

$3,442

$11,471

$7,255

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

1,391

1,208

2,704

2,513

Non-cash financial expenses

21

600

352

508

Gain on sale of equity investment (Note 4)

(4,324)

–

(4,324)

–

Change in allowance for credit losses

(14)

75

55

25

Share in profits of equity investment of affiliated companies

(585)

(318)

(1,106)

(611)

Share based compensation

360

291

853

513

Deferred income taxes, net

1,615

63

1,700

582

Changes in operating assets and liabilities:

Decrease (increase) in trade accounts receivable

(8,342)

882

(5,448)

(2,594)

Increase in inventory

(3,453)

(3,434)

(9,883)

(7,295)

Decrease (increase) in prepaid expenses and other current assets

1,445

1,697

(812)

1,183

Increase in trade accounts payable

2,403

2,972

4,874

3,406

Increase (decrease) in accrued expenses and other current liabilities

850

(529)

952

(3,571)

Net cash provided by (used in) operating activities

(562)

6,949

1,388

1,914

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of equity investment

4,493

–

4,493

–

Purchase of property and equipment

(1,139)

(3,305)

(2,559)

(6,167)

Net cash provided by (used in) investing activities

3,354

(3,305)

1,934

(6,167)

CASH FLOWS FROM FINANCING ACTIVITIES:

Repayment of short-term debts

–

(10,719)

–

(4,350)

Repayments of long-term debts

(10,721)

(516)

(11,272)

(1,087)

Proceeds from issuance of ordinary shares and exercise of the underwriters’ option

–

48,550

–

48,550

Issuance costs of ordinary shares and exercise of the underwriters’ option

–

(2,820)

–

(2,820)

Proceeds from long term debt, net

10,877

–

10,877

–

Proceeds from exercise of options

136

–

136

–

Net cash provided by (used in) financing activities

292

34,495

(259)

40,293

Net increase in cash and cash equivalents and restricted cash

3,084

38,139

3,063

36,040

Cash and cash equivalents and restricted cash at beginning of period

51,545

5,335

51,566

7,434

Cash and cash equivalents and restricted cash at the end of period

$54,629

$43,474

$54,629

$43,474

Supplementary information on investing and financing activities not involving cash flows:

   Additions of operating lease right-of-use assets and operating lease liabilities

$217

$1,688

$299

$1,835

   Reclassification between inventory and property, plant and equipment

–

–

–

579

   Unpaid issuance costs on long term debt and issuance of shares

152

362

152

362

   Unpaid addition to property and equipment and intangible assets

1,140

951

1,140

951

Supplemental disclosure of cash flow information:

   Interest paid

154

249

303

516

   Taxes paid

79

176

192

195

 

 RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (NON-GAAP)  (UNAUDITED)

 

TAT TECHNOLOGIES LTD.

RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (NON-GAAP)  (UNAUDITED)

U.S dollars in thousands

Three months ended

Six months ended

June 30,

June 30,

2026

2025

2026

2025

Net income

$8,071

$3,442

$11,471

$7,255

Adjustments:

Share in profits of equity investment of affiliated companies

(585)

(318)

(1,106)

(611)

Provision for income taxes

1,911

211

2,056

803

Interest expenses

182

324

330

659

Gain on sale of equity investment

(4,324)

–

(4,324)

–

Other financial expenses, net

368

776

181

499

Depreciation, amortization and others

1,445

1,328

2,820

2,691

Share based compensation

360

291

853

513

Adjusted EBITDA

$7,428

$6,054

$12,281

$11,809

 

 

TAT TECHNOLOGIES LTD.

ADJUSTED NET INCOME ATTRIBUTABLE TO TAT TECHNOLOGIES LTD.  (UNAUDITED)

U.S. dollars in thousands

Three months ended

Six months ended

June 30,

June 30,

2026

2025

2026

2025

Net income

$8,071

$3,442

$11,471

$7,255

Adjustments:

Gain on sale of equity investment

(4,324)

–

(4,324)

–

Income tax impact

908

–

908

–

Adjusted net income

$4,655

$3,442

$8,055

$7,255

 

Earnings per share

Basic                                                           

$0.62

$ 0.30

$0.88

$ 0.65

Diluted

$0.61

$ 0.30

$0.87

$ 0.64

Adjusted earnings per share                     

Basic

$0.36

$ 0.30

$0.62

$ 0.65

Diluted

$0.35

$ 0.30

$0.61

$ 0.64

 

 

View original content:https://www.prnewswire.com/news-releases/tat-technologies-reports-record-second-quarter-2026-results-302843077.html

SOURCE TAT Technologies Ltd

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Chungnam Partners with Digital Travel Platform Agoda to Welcome World Youth Day Visitors

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The province signed an MOU with Agoda on November 6 to attract domestic and international visitors in connection with World Youth Day 2027

SINGAPORE, Nov. 9, 2026 /PRNewswire/ — Chungnam Province is partnering with digital travel platform Agoda to attract domestic and international visitors ahead of World Youth Day 2027, a major international youth event that South Korea will be hosting for the first time.

World Youth Day is one of the largest gatherings of young people in the world. Its 2027 edition will take place in Seoul from August 3 to 8 and is expected to draw about 500,000 registered participants — including roughly 400,000 from 190 countries and 100,000 from within South Korea[1]. The partnership aims to leverage the occasion to draw international and domestic visitors to Chungnam and build wider awareness of the province’s tourism offerings through Agoda’s global network.

On November 6, the provincial government signed a memorandum of understanding with Agoda at the Provincial Government Office’s situation room. Attendees included Governor Park Soo-hyun and Jay Lee, Agoda’s representative for Northeast Asia.

Under the agreement, the two parties will cooperate on:

Joint integrated marketing campaigns in key global markets through Agoda’s website, mobile app and other platform channels.Joint planning and development of themed tourism products tailored to individual markets in connection with World Youth Day.Strengthening the global competitiveness of Chungnam’s tourism brand.Promoting Chungnam’s tourist attractions and accommodation facilities globally and driving online sales, helping local accommodation providers reach international travelers.Analyzing tourism demand and sharing marketing results.

In particular, the parties plan to leverage Agoda’s global platform reach and market insights to develop tourism marketing campaigns tailored to the needs and preferences of international visitors traveling to Korea for World Youth Day 2027.

Through the agreement, the province expects to expand domestic and international promotion through Agoda’s platform, raise awareness of Chungnam as a tourism destination, and translate that awareness into actual visits. It also expects the partnership to help local tourism businesses expand their online sales channels and strengthen their global marketing capabilities.

“World Youth Day is an excellent opportunity to introduce Chungnam’s appeal to young people around the world,” Governor Park said. “Together with Agoda, we will work to make Chungnam a destination that travelers worldwide want to visit and help the province’s tourism industry achieve tangible results.”

Jay Lee, Senior Director, North Asia at Agoda said: “World Youth Day offers a powerful opportunity to put Chungnam on the global travel map and inspire a new generation to discover more of Korea. By connecting travelers with places to stay, cultural attractions and practical travel information on Agoda, we aim to make Chungnam a compelling part of their journey. This partnership supports our broader ambition to help travelers discover Korea beyond its major destinations and bring the benefits of tourism to more local communities.”

Following the signing, the province plans to recruit accommodation operators and encourage participation from a diverse range of properties, taking into account accommodation demand and property types across its cities and counties.

In the first half of 2027, the province also plans to hold regional workshops for participating accommodation businesses and facility operators to share information on World Youth Day accommodation demand and operational arrangements, and to gather feedback from participants.

Drawing on the accommodation recruitment and survey results, as well as feedback from the workshops, the province will secure the accommodation needed during World Youth Day and develop detailed operational plans.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/chungnam-partners-with-digital-travel-platform-agoda-to-welcome-world-youth-day-visitors-302933000.html

SOURCE Agoda

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November 9, 2026

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ANTALYA, Türkiye, Nov. 9, 2026 /PRNewswire/ — As COP 31 gets underway today, leading standards organizations IEC, ISO and ULSE, along with 13 other international partners, will reconvene the Standards Pavilion in Antalya, Türkiye, continuing joint efforts to position International Standards at the heart of climate implementation as practical tools for effective and accountable action.

This year marks the third edition of the Standards Pavilion at COP, with 16 standards bodies, international organizations, UN agencies and private sector coalitions partnering to champion credible, transparent and interoperable solutions for a sustainable future.

COP31 marks a pivotal moment in global climate negotiations, with a focus on implementation and the clean energy transition. Standards provide essential infrastructure to help turn high-level ambition into accountable, measurable and verified climate action.

Building on the momentum of previous COPs, the Pavilion will bring together policymakers, international organizations, business leaders and standards experts to explore how standards can support climate implementation across sectors, strengthen trust and transparency, and help solutions scale across borders.

“COP31 is about accelerating implementation, and that requires practical tools that work across technologies, sectors and borders,” said Philippe Metzger, IEC Secretary-General & CEO. “We want to show policymakers and business leaders that many of the tools needed to deliver climate action already exist, and that using them can help turn commitments into measurable progress. International Standards provide the technical foundations that help solutions scale safely and effectively, particularly as the clean energy transition accelerates.”

“The challenge now is not only setting climate ambition, but delivering it consistently and credibly around the world,” said Sergio Mujica, ISO Secretary-General. “International Standards provide globally agreed frameworks that help governments and businesses translate commitments into action, measure progress and build trust in the results. At COP31, our focus is on implementation – showing how standards can help turn global goals into practical action across countries, sectors and supply chains.”

The Standards Pavilion at COP31 aims to:

Empower climate action by providing the trusted tools that make progress measurable and accountable.Amplify impact by showcasing how standards drive real outcomes in policy, finance and implementation.Harmonize solutions by aligning approaches across countries, sectors, and reporting systems.Demonstrate global leadership by building alliances and fostering collaboration for a more sustainable future.

 “Advancing climate solutions requires technologies and approaches that are safe, reliable, and built on trust,” said Jeff Marootian, president and CEO of UL Standards & Engagement. “Standards play a critical role in that process, helping translate innovation and scientific knowledge into practical, measurable approaches that can be implemented at scale. COP31 is an important opportunity to highlight how standards can help accelerate the adoption of emerging technologies, strengthen confidence in climate solutions, and ensure progress is grounded in safety.”

Attendees can visit the Standards Pavilion – the dedicated space at COP31 for advancing climate action with standards, in the Blue Zone – D620. More information via www.standardspavilion.org/.

View original content:https://www.prnewswire.com/news-releases/from-ambition-to-implementation-16-global-organizations-unite-at-cop31-to-champion-international-standards-in-the-climate-action-agenda-302929114.html

SOURCE ISO

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Technology

Tencent Cloud Named a Leader in the Inaugural Gartner® Magic Quadrant for Edge Distribution Platforms

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November 9, 2026

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SHENZHEN, China, Nov. 8, 2026 /PRNewswire/ — Gartner has published its inaugural Magic Quadrant™ for Edge Distribution Platforms report, naming Tencent Cloud a Leader for EdgeOne, its edge security and acceleration platform. Tencent’s Ability to Execute and Completeness of Vision are the reasons why it was named a Leader in the Gartner Magic Quadrant for Edge Distribution Platforms.

A Global Distributed Network Underpinning Secure, Accelerated Delivery

Built on more than 3,200 edge nodes across over 70 countries and a backbone network of more than 400 Tbps, EdgeOne carries both inbound China traffic and international traffic, delivering a low-latency, highly resilient digital experience that serves as a network cornerstone for enterprises expanding overseas or entering the Chinese market.

On this network, EdgeOne serves enterprise customers across finance, media, e-commerce, logistics, ticketing, aviation, and hospitality, with standout results in latency-critical industries such as gaming and video. In gaming, IDC’s cloud gaming market research shows that Tencent Cloud CDN services running on EdgeOne have ranked first in China by revenue for four consecutive years and first in game download distribution scale. EdgeOne secures more than 10,000 games worldwide, delivering a stable, smooth experience for over 35 million pre-registered players of Neverness to Everness, providing distribution and security support for over 5.2 million pre-registered players of Mecha BREAK during its global open beta, and helping Delta Force fend off hundreds of large-scale attacks. In video, 80% of China’s top 10 outbound social video apps by scale run on EdgeOne, serving global leaders such as BeLive Technology, DONUTS, Bilibili, and Tencent Music Entertainment Group.

From Hosting to Inference: Bringing AI Applications to Market Faster at the Edge

In this evaluation, we feel Gartner focused on how well edge platforms support AI workloads. As agents move rapidly into production and inference shifts closer to users, EdgeOne has been recognized for two AI advances: the rapid launch of Makers, which helps websites and agents go live faster and reflects strong market responsiveness, and Booster, which runs inference in real time at the edge, closer to users, and demonstrates the strength of its edge inference platform.

As vibe coding takes off, a growing wave of newly generated agents is moving into production, creating new demands for instant deployment and hosting. Makers extends hosting from web pages to agents, letting enterprises deploy and go live quickly without building their own infrastructure, with global acceleration and security protection on by default. Makers now serves more than 500,000 users and over one million hosted sites, and can batch-deploy tens of thousands of assets — static HTML pages, full-stack websites, and more — for a single customer, supporting corporate websites, cross-border e-commerce, and AI SaaS, as well as agent launches and website modernization across healthcare, government, legal, and education.

Booster extends the global distributed infrastructure from content delivery to AI compute, running inference on edge nodes close to the business. For latency- and concurrency-sensitive workloads such as voice interaction, real-time interactive video, image and video generation, embodied AI data annotation, and game AI NPCs, Booster reduces network latency by more than 50%, cuts time-to-first-token by more than 70%, and boosts peak real-time concurrency by three to five times — all through a single integration that also brings acceleration and security protection.

Booster is now deployed across embodied AI, film and video, and outbound short-drama production, helping enterprises speed up real-time interaction, scale compute elastically for major events, and break through content-production bottlenecks. In embodied AI, robot voice-interaction inference runs on EdgeOne edge nodes, cutting first-word response time by 30%, reducing interaction jitter by 4.6x, and keeping end-to-end latency within one second. In film and video, EdgeOne provides on-demand, scalable inference for 4D Gaussian cloud reconstruction at major events. In outbound short-drama, AI dubbing platforms connect to Booster to support global delivery.

In addition, EdgeOne was recently named a Leader in the IDC MarketScape for Worldwide Managed Edge Services, Tencent Cloud was also named a Representative Vendor in two Gartner Market Guides — Cloud Web Application and API Protection, and Edge Distribution Platforms — and has seen related capabilities incorporated into 3GPP international standards. Looking ahead, EdgeOne will keep extending its global network, security, and edge computing capabilities toward AI, helping more enterprises connect with users worldwide and accelerate AI adoption.

Gartner Disclaimer

Gartner, Magic Quadrant for Edge Distribution Platforms, By Amol Nerlekar, Brandon Medford, Jimmy Chuang, 4 November 2026

Gartner, Market Guide for Cloud Web Application and API Protection, By Esraa ElTahawy, Adam Hils, Dale Koeppen, 8 June 2026

Gartner, Market Guide for Edge Distribution Platforms, By Amol Nerlekar, Peter Kjeldsen, Brandon Medford, 17 November 2025

Gartner and Magic Quadrant are trademarks of Gartner, Inc., and/or its affiliates.

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

The Gartner document is available upon request from Tencent Cloud.

View original content:https://www.prnewswire.com/news-releases/tencent-cloud-named-a-leader-in-the-inaugural-gartner-magic-quadrant-for-edge-distribution-platforms-302932950.html

SOURCE Tencent Cloud

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