Connect with us

Technology

Greenland Energy Company Issues Shareholder Letter Providing Update with Greenlandic Authorities and Regulators and Preparations Occurring at the Jameson Land Basin

Published

on

DENVER, Aug. 6, 2026 /PRNewswire/ — Greenland Energy Company (NASDAQ: GLND) (“the Company” or “Greenland Energy”), an oil exploration company focused on East Greenland’s Jameson Land Basin, today issued the following letter to shareholders from its management and board of directors. The letter sets out the Company’s progress with the Greenlandic authorities and regulators and preparations occurring at the Jameson Land Basin:

Shareholder Update Advancing Jameson Land Through Disciplined Execution

To Our Shareholders,

Over the past several weeks, Greenland Energy has continued advancing preparations for what we believe will be one of the most significant onshore exploration programs undertaken in Greenland in decades. While much of this work occurs behind the scenes, it represents the essential foundation required to safely and responsibly execute a successful drilling campaign in one of the world’s most challenging operating environments.

Our priorities remain unchanged. While 80 Mile Plc, as licensee of the Jameson Land joint venture, continues to lead the permitting process and stakeholder engagement, Greenland Energy remains actively engaged in supporting technical planning, operational readiness, logistics, and overall project coordination. Together, our objective is to ensure that once all required approvals are received, the project is positioned to commence drilling safely, efficiently, and in accordance with Greenland’s rigorous regulatory standards.

Recent high-level meetings between project leadership and Greenlandic regulatory and oversight authorities have been constructive, and we continue to be encouraged by the progress being made toward the remaining approvals required for drilling.

Supporting Our Joint Venture Partner

Under the terms of our joint venture, 80 Mile Plc continues to serve its role in overseeing permitting process, stakeholder and regulatory engagement.

Greenland Energy’s role is to work alongside our partner in preparing every aspect of the project for execution.

Our management team continues to support engineering, operational planning, logistics, procurement, and project drilling. This collaborative approach allows both companies to leverage their management team’s decades of Greenland operating experience while maintaining clear governance responsibilities within the joint venture.

The permitting process continues to move forward through constructive engagement between the operator and Greenlandic authorities. We appreciate the professionalism and collaboration demonstrated throughout these discussions and remain confident that our shared commitment to responsible development continues to build positive momentum for the project.

A Deliberate and Responsible 2026-2027 Winter Exploration Program

As planning for the 2026-2027 Winter campaign has evolved, Greenland Energy, 80 Mile Plc, and Greenlandic government officials have carefully evaluated the optimal approach for this year’s exploration activities.

Following those discussions, the parties agreed that concentrating the 2026-2027 Winter program on one exploration well, rather than pursuing two wells during the current field season, represents the most responsible course of action.

This decision was not driven by funding constraints. Rather, it reflects a shared commitment to executing the first well with the highest standards of operational excellence, environmental stewardship, and safety.

Arctic exploration presents unique logistical and environmental challenges. By focusing resources on a single well, the project team can devote its full attention to executing the inaugural campaign safely while incorporating valuable operational experience into future drilling activities. The second well will be forthcoming after we analyze the results of the first well.

This measured approach provides several important benefits, including:

Enhanced operational oversight throughout the drilling campaign;Additional flexibility to respond to Arctic operating conditions;Continued emphasis on environmental protection and regulatory compliance;The opportunity to incorporate operational learnings into future campaigns; andExecution consistent with the expectations of Greenlandic regulators, our partners, local communities, and shareholders.

We believe disciplined execution creates significantly greater long-term value than attempting to accelerate activity beyond what is prudent.

Significant Work Continues Behind the Scenes

Although drilling has not yet commenced, substantial work continues every day to ensure the project remains on schedule.

Large-scale Arctic exploration campaigns require months of preparation before the first drill bit turns. Waiting until permits are issued before initiating logistical preparations would unnecessarily delay operations and risk losing valuable time within Greenland’s limited operating season.

Accordingly, Greenland Energy continues supporting numerous critical-path activities, including:

Engineering and well planning;Logistics coordination;Procurement of long-lead equipment;Transportation planning;Contractor coordination;Environmental compliance activities;Operational readiness reviews; andSupply chain management.

Why Jameson Land Matters

We believe that Jameson Land remains one of the largest underexplored conventional hydrocarbon basins in the Western world.

Decades of geological work have demonstrated the presence of a working petroleum system, while independent technical assessments have identified significant prospective resource potential across the basin.

The upcoming exploration well is designed to test that geological model using modern drilling techniques.

Exploration by its nature involves risk, and commercial success can never be guaranteed. However, disciplined preparation, rigorous technical analysis, and responsible execution provide the strongest foundation for evaluating the basin’s true potential.

Our Commitment to Greenland

From the beginning, Greenland Energy has believed that responsible natural resource development can create meaningful long-term benefits for Greenland and its people.

We remain committed to operating transparently, protecting the environment, respecting local communities, and working collaboratively with Greenlandic authorities and stakeholders.

Our objective extends beyond drilling a successful exploration well.

We seek to demonstrate that responsible energy development, environmental stewardship, and meaningful economic opportunity can successfully coexist in Greenland.

Looking Ahead

As the permitting process continues, shareholders should expect further updates regarding:

Regulatory progress;Operational readiness;Continued logistics and mobilization planning;Contractor deployment;Equipment movement;Final preparations for drilling; andCommencement of drilling activities.

Each of these milestones represents another important step toward testing one of the world’s most prospective frontier conventional hydrocarbon basins.

Closing Remarks

The past several months have been characterized by careful planning, disciplined execution, and close collaboration with our joint venture partner and Greenlandic stakeholders.

While much of this work occurs outside the public eye, it forms the foundation upon which successful exploration programs are built.

Our team remains focused on supporting our partner in delivering a safe, environmentally responsible, and technically rigorous exploration campaign. We believe the deliberate decisions made throughout the planning process—including our jointly agreed approach to concentrate this season’s activities on a single exploration well—best position the project for long-term success.

We appreciate the continued confidence and patience of our shareholders. We look forward to providing additional updates as meaningful milestones are achieved and as the Jameson Land project continues to advance toward drilling.

On behalf of the Board of Directors and Management,

Greenland Energy Company

About Greenland Energy Company

Greenland Energy Company is an exploration-stage oil and gas company focused on responsibly exploring and seeking to develop Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin in East Greenland. The Company’s primary mission is to unlock the frontier hydrocarbon potential of the Jameson Land Basin, an approximately 2-million-acre onshore licensed area, through the application of modern exploration technologies. The Company is preparing to execute the first modern onshore drilling campaign in the region, currently planned for 2026. For more information, please visit www.GreenlandEnergyCo.com.

Cautionary Note Regarding Forward-Looking Statements

This press release of Greenland Energy Company (“Greenland Energy,” the “Company,” “we,” “our,” and “us”) contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of historical fact included in this Quarterly Report, are forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding our business strategy, exploration plans, drilling activities, expected timing of operations, capital requirements, liquidity, financing plans, use of proceeds, regulatory approvals, contractor engagement, equipment procurement and mobilization, resource potential, market conditions, public company costs, and other statements that are not historical facts.

Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions may identify forward-looking statements, although not all forward-looking statements contain these words.

These forward-looking statements are based on current expectations, estimates, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to: risks relating to our limited operating history; our exploration-stage status; our ability to obtain sufficient financing; our ability to execute our exploration program on the expected timeline or at the expected cost; geological and technical uncertainties inherent in oil and gas exploration; the absence of proved reserves or production revenues; commodity price volatility; regulatory, permitting, environmental and political risks associated with operations in Greenland; Arctic operating and logistics risks; reliance on third-party contractors, advisors and service providers and the other risks and uncertainties described under “Risk Factors” in our Registration Statement on Form S-1, as amended, and in our other filings with the Securities and Exchange Commission. Should one or more of these risk or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws. You should not place undue reliance on any forward-looking statements.

Forward-looking statements speak only as of the date they are made. This press release and all subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. We do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date of this release except as may be required by law.

Contact:
contact@greenlandenergyco.com

View original content:https://www.prnewswire.com/news-releases/greenland-energy-company-issues-shareholder-letter-providing-update-with-greenlandic-authorities-and-regulators-and-preparations-occurring-at-the-jameson-land-basin-302844700.html

SOURCE Greenland Energy Company

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Alpha School Expands to Atlanta With New K-8 Campus Opening Fall 2026

Published

on

By

Enrollment Now Open for Founding Families as Demand for AI-Powered, Mastery-Based Learning Continues to Grow Nationwide

ATLANTA, Aug. 6, 2026 /PRNewswire/ — Alpha School, a national network of private K-12 schools known for its two-hour academic model, today announced the opening of Alpha Atlanta, a new K-8 campus located at 1169 Canton St, Roswell, GA 30075. The campus opens for the 2026-2027 school year this fall, with enrollment now open for founding families at https://alpha.school/application/?submission_campus=atlanta. Annual tuition is $50,000.

Alpha Atlanta is one of several new Alpha School locations opening nationwide this fall, reflecting continued demand for a personalized, outcomes-driven alternative to traditional schooling. The campus serves students in kindergarten through eighth grade, combining mastery-based core academics with hands-on life skills workshops led by Alpha’s guides.

Key Takeaways

Alpha Atlanta is located at 1169 Canton St, Roswell, GA 30075.The campus serves students in grades K-8.Annual tuition is $50,000.The academic model pairs two hours of personalized, mastery-based core academics with afternoon life skills workshops.Alpha Atlanta opens for the 2026-2027 school year this fall.Families can apply now at https://alpha.school/atlanta/.

Why Are More Families Choosing a Different Kind of School Experience?

Alpha School’s model is built around two hours of personalized, mastery-based core academics each day, guided by adaptive technology that adjusts to each student’s pace and skill level. Instead of a traditional lecture-based classroom, students work through material at the speed that matches their own progress, supported by guides who coach and mentor rather than lecture. Afternoons are reserved for life skills workshops covering public speaking, entrepreneurship, teamwork, and leadership.

What Makes Alpha Atlanta Unique?

Serves students in grades K-8 at 1169 Canton St, Roswell, GA 30075.Two-hour daily core academic model built around individualized, mastery-based progression.Afternoon life skills workshops focused on public speaking, entrepreneurship, teamwork, and leadership.Guides provide coaching, motivation, and mentorship throughout the school day.Student progress is monitored through third-party standardized assessments.Annual tuition is $50,000.

How Does This Expansion Reflect National Momentum?

“Families across the country are actively seeking a more personalized and engaging approach to education, and that demand is driving our expansion into new communities like Atlanta,” said MacKenzie Price, co-founder of Alpha School. “As we open new campuses this fall, including Atlanta, we’re focused on building environments where students can move at their own pace, develop confidence, and gain the skills they need for the future.”

What Are Parents Saying About the Alpha School Model?

“The reason the kids can learn in two hours is it’s all individualized. No wasting time, no boredom. It’s always right there in that optimized learning zone,” said an Alpha Parent. Parents across Alpha’s campuses point to the same outcome: students learn 2x in 2 hours, love school, and build meaningful life skills.

Frequently Asked Questions

When does Alpha Atlanta open? 
Alpha Atlanta opens for the 2026-2027 school year this fall.

What grades does Alpha Atlanta offer? 
Alpha Atlanta serves students in kindergarten through eighth grade (K-8).

Where is Alpha Atlanta located? 
Alpha Atlanta is located at 1169 Canton St, Roswell, GA 30075.

How does the academic model work at Alpha Atlanta? 
Alpha Atlanta students complete two hours of personalized, mastery-based core academics each day using adaptive technology, supported by guides, followed by afternoon life skills workshops covering public speaking, entrepreneurship, teamwork, and leadership.

For more information on how families can apply to Alpha Atlanta, please visit https://alpha.school/atlanta/.

About Alpha School
Founded in 2014, Alpha School is a national network of private K-12 schools dedicated to transforming education through innovative, tech-powered learning. Led by co-founder MacKenzie Price, Alpha combines a two-hour daily core academic model with immersive, real-world life skills workshops to help students thrive academically, socially, and emotionally. By personalizing learning and prioritizing essential skills like communication, critical thinking, and leadership, Alpha prepares students not just for tests but for life. With campuses across the U.S., Alpha is helping shape the future of education.
Official Website: https://alpha.school/atlanta/
Google Business Profile: https://maps.app.goo.gl/LXcURth59QE7Rj8p8

Media Contact:
Daphne Ortiz
420302@email4pr.com
312.488.3472

View original content to download multimedia:https://www.prnewswire.com/news-releases/alpha-school-expands-to-atlanta-with-new-k-8-campus-opening-fall-2026-302844457.html

SOURCE Alpha School

Continue Reading

Technology

Pusan National University Introduces ASTRA-Net for Improved Lung Airway Mapping

Published

on

By

ASTRA-Net helps reconstruct overlooked peripheral airways, creating more complete maps for bronchoscopy procedures

BUSAN, South Korea, Aug. 6, 2026 /PRNewswire/ — Lung cancer is the most diagnosed cancer globally and is one of the leading causes of cancer-related deaths. Early detection can improve survival. However, collecting tissue samples from small tumors located deep within the lungs remains a big challenge. As many of these lesions are found in the peripheral regions of the lungs, physicians must navigate through an intricate network of tiny branching airways to reach the target.

In these cases, clinicians rely on lung navigation systems that use three-dimensional airway maps reconstructed from computed tomography (CT) scans to guide instruments toward suspicious lesions. The accuracy of these navigation systems depends on the completeness of the airway maps. Creating these maps is again difficult, as the smallest peripheral airways are extremely thin and difficult to distinguish from the surrounding tissues. This restriction raises a concern that if artificial intelligence (AI) systems are trained using incomplete information, they may also overlook clinically important airways.

To address this challenge, researchers from Pusan National University in South Korea developed ASTRA-Net (Anatomical Segmentation with Tree-aware Refinement Attention), an AI framework designed to identify previously overlooked airway branches and generate more complete airway maps. The study was led by Dr. MinWoo Kim from the School of Biomedical Convergence Engineering, Pusan National University, and Dr. Hee Yun Seol from the Division of Pulmonary and Critical Care Medicine, Research Institute for Convergence of Biomedical Science and Technology, Pusan National University Yangsan Hospital, in collaboration with other researchers. The paper was published in IEEE Transactions on Medical Imaging (Volume 45, Issue 6) on June 1, 2026.

Unlike conventional models that may be limited by incomplete training annotations, ASTRA-Net was designed to identify anatomically plausible airway structures that may have been omitted from the original labels.

“ASTRANET is not simply another airway segmentation model. It was specifically designed to identify peripheral airways that may have been overlooked during manual annotation, thereby helping to create a more complete roadmap for bronchoscopy,” explains Dr. Kim.

ASTRA-Net utilizes a multi-stage deep learning architecture like those employed in advanced medical image analysis. A part of this network learns the overall structure of the lungs, whereas another refines regions where airway boundaries are unclear. An additional attention mechanism helps the model focus on regions where small peripheral airways are difficult to distinguish or may have been omitted from the annotations. This allows the reconstruction of airway branches that are often missing from CT annotations. By incorporating anatomical clues from the surrounding lung tissues and blood vessels, which often run alongside the airways, the system can infer the continuity of previously unrecognized airway pathways.

Researchers also evaluated the framework using multiple datasets as well as clinical CT scans obtained from Pusan National University Yangsan Hospital. This model demonstrated strong performance in identifying fine peripheral airways and remained robust even when CT scans varied in image quality and slice thickness. Additionally, expert review of the model predictions showed that some structures initially counted as false positives were genuine airway branches that had been omitted from the original annotations.

“By providing physicians with a more complete airway roadmap, we hope this technology will improve navigation to difficult-to-reach lung lesions and support the development of future AI-assisted and robotic bronchoscopy systems,” concludes Dr. Kim.

Reference

Title of original paper: Discovery of Peripheral Airway Beyond Incomplete CT Annotations for Navigational Bronchoscopy

Journal: IEEE Transactions on Medical Imaging

DOI: 10.1109/TMI.2026.3672178 

About Pusan National University

Website: https://www.pusan.ac.kr/eng/Main.do

Contact:

Goon-Soo Kim

82 51 510 7928

420227@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/pusan-national-university-introduces-astra-net-for-improved-lung-airway-mapping-302844459.html

SOURCE Pusan National University

Continue Reading

Technology

Lupa Technology Launches Forensics Agent to Transform Construction Claims, Risk, and Dispute Analysis with Data Intelligence

Published

on

By

Lupa Forensics Agent connects scattered construction data, source-linked evidence, expert workflows, and reusable project knowledge inside the Lupa Data Intelligence Platform

NEW YORK, Aug. 6, 2026 /PRNewswire/ — Lupa Technology, a trusted technology partner to contractors, owners, consultants, and institutions across the construction value chain, today announced the launch of a Forensics Agent, a construction intelligence solution built on the company’s proprietary Lupa Data Intelligence Platform.

Each year, billions of dollars in enterprise value are lost because project teams cannot efficiently access, connect, or interpret information spread across contracts, schedules, drawings, emails, change orders, meeting minutes, spreadsheets, and project correspondence. Lupa Forensics Agent addresses this challenge by enabling professionals to access, rapidly search, analyze, and produce defensible, source-linked outputs from project information systems.

Designed for claims, disputes, project controls, and risk management, Lupa Forensics Agent helps teams:

Search project data to identify evidence across contracts, schedules, emails, drawings, RFIs, meeting minutes, field communications, and project systems.Reconcile spreadsheets, logs, trackers, and reports into structured analyses.Connect communications with project dates, activities, work fronts, events, and issues.Identify gaps, inconsistencies, outliers, and assumptions requiring expert review.Produce chronologies, evidence collections, workbooks, summaries, reports, and presentation-ready deliverables linked directly to source documentation.

Unlike conventional software solutions that simply respond to prompts, Lupa Forensics Agent is purpose-made for construction forensic workflows built on the Lupa Data Intelligence Platform. As construction projects generate an unprecedented and growing volume of data, organizations increasingly need intelligent systems that transform fragmented records into actionable commercial, legal, operational, and risk insights. The Agent executes complex investigative tasks while maintaining complete traceability to original project records, supporting more transparent and defensible decision-making.

“Lupa Forensics Agent represents the next generation of construction intelligence,” said John Braley, Head of Americas Operations at Lupa Technology. “Recent Lupa use cases have included analyzing millions of project records, identifying previously hidden project risks, reducing document review timelines from months to hours, and helping project teams build stronger evidentiary foundations for claims, disputes, and commercial negotiations.”

Lupa Forensics Agent is designed to augment the expertise of construction professionals. Engineers, claims consultants, project controls specialists, and legal experts remain responsible for interpretation, strategy and final conclusions while the platform accelerates the investigative work required to reach them.

For more information about Lupa Forensics Agent, visit https://lupa.technology/.

Media Contact:
Anna Walsh
917-969-7081

View original content to download multimedia:https://www.prnewswire.com/news-releases/lupa-technology-launches-forensics-agent-to-transform-construction-claims-risk-and-dispute-analysis-with-data-intelligence-302844460.html

SOURCE Lupa Technology

Continue Reading

Trending