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Reap Goes Live on Hyperliquid with USDC funding capabilities

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Clients can now move USDC more efficiently and manage balances on the Hyperliquid network.

HONG KONG, Aug. 11, 2026 /PRNewswire/ — Reap, a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure, today announced support for USDC funding via Hyperliquid. Clients can now generate a Hyperliquid wallet address within Reap and send USDC on the Hyperliquid network to fund their cards and payments balances.

In May 2026, Hyperliquid phased out its native stablecoin, with Circle expanding its infrastructure role across the network. USDC is now the dominant collateral asset on Hyperliquid, and stablecoin supply on the platform has nearly doubled year-over-year, reaching a record $7.04 billion in early June 2026, up almost 20% in a single month.

As USDC cements itself as the anchor stablecoin of one of the largest on-chain trading venues, a growing number of businesses already hold or transact in USDC on Hyperliquid as part of their treasury activity. Until now, moving that USDC into a Reap balance meant routing it through an intermediary exchange or wallet. A direct funding rail removes that extra step, letting clients put Hyperliquid-based USDC to work in their cards and payment balances. This launch also expands Reap’s own network coverage for stablecoin funding, with Hyperliquid joining Ethereum, Tron, and Polygon as supported networks for on-chain USDC deposits.

For businesses that already keep working capital on Hyperliquid, this adds a direct path to convert on-chain USDC into operating balances, without routing funds through an intermediary exchange or wallet. That can reduce settlement time and operational overhead, improve liquidity management between trading and treasury activity and day-to-day spend, and support smoother reconciliation by keeping funding flows on a single, supported rail. The addition of Hyperliquid gives clients another stablecoin funding rail, reducing friction for businesses that already hold or transact in USDC on Hyperliquid, and makes it easier for clients to fund their cards and payments balances directly.

“With Hyperliquid now supported in Reap, clients now have a more direct bridge between where they already hold USDC on-chain and where they need to deploy it in day-to-day operations. We are excited to build a simpler, faster path for treasury teams to move value from on-chain liquidity into the balances they use to run their businesses.” said Harris Leow, Head of Product, Reap.

Reap is also exploring additional ways to expand the utility of Hyperliquid across a broader suite of products and solutions over time, from making it easier for clients to fund and deploy USDC held on Hyperliquid, to unlocking more seamless ways to move value between on-chain liquidity and real-world spend. By deepening this integration, Reap aims to create more flexibility for clients while supporting greater real-world utility for stablecoins on Hyperliquid.

About Reap

Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-native infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.

Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.

Founded and headquartered in Hong Kong, Reap employs 300 people worldwide.

More information about Reap can be found at reap.global.

 

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SOURCE Reap

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DeTect Awarded Contract to Supply MERLIN™ True3D® Bird Detection Radar to the Soekarno-Hatta Airport in Jakarta

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The bird radar flight safety system will enhance the airport’s wildlife control program and provide real-time hazard risk alerts to air traffic control and airfield operations.

PANAMA CITY, Fla., Aug. 11, 2026 /PRNewswire/ — DeTect, Inc. has been awarded the contract to supply its MERLIN 7360 True3D Bird Detection Radar (BDR) to the Soekarno-Hatta Airport in Jakarta. MERLIN is the most advanced and widely used bird radar system with over 600 BDRs worldwide in aviation safety and bird protection applications. The MERLIN technology was originally developed for and is currently used by the U.S. Air Force and NASA for detection and alerting of hazardous bird and drone activity on an around airfields, with systems currently used by commercial airports in Canada, the EU, the Middle East, Africa and Asia.

The Jakarta system will include 7360 True3D radars at the ends of each of its two runways to provide full 3D 360-degree airfield and surrounding airspace, with automatic display and alerting of high-risk bird activity via monitors in the airport bird control team vehicles and at airfield operations and in the control tower. The system will be manufactured in the US, and the project will be managed by DeTect’s APAC Regional office in South Korea. DeTect’s CEO, Gary Andrews, said of this order, “We are gratified to have been selected by InJourney Airports to supply and support DeTect’s bird radar system technology at Soekarno-Hatta International Airport (CGK), one of Southeast Asia’s busiest airports.”

ABOUT DETECT INC:
DeTect is a fully integrated radar company founded in 2003 with research, engineering and manufacturing facilities and offices worldwide. DeTect products include MERLIN™ BDR, HARRIER™ Security and Surveillance Radars, DroneWatcher™ Counter- UAS systems, MERLIN Bird Monitoring and Mitigation Systems, HARRIER Aircraft Detection Lighting Systems, and HARRIER Beyond Visual Line-of-Sight radars.  Since 2003, DeTect has manufactured and commissioned over 1100 radar systems in the US, Canada, the UK, Europe, Africa, Asia and Australia and New Zealand.

Reference sites:  https://detect-inc.com/   

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Selangor To Convene Asean Industrial Leaders at Government-Backed Techsphere Summit 2026

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Alex Capri and Federation of Malaysian Manufacturing President Jacob Lee Chor Kok confirmed for the four-day summit as registration opens. 

KUALA LUMPUR, Malaysia, Aug. 11, 2026 /PRNewswire/ — Registration is now open for the Selangor Techsphere Summit 2026, a state-backed industrial technology platform taking place from 14 to 17 October 2026 at the Kuala Lumpur Convention Centre.

Hosted by the Selangor State Government and delivered in collaboration with the Selangor Technical Skills Development Centre, the summit will bring together manufacturers, technology companies, investors, policymakers and researchers from Malaysia and across ASEAN. 

The Selangor Techsphere Summit returns as a key component of the Selangor International Business Summit 2026, supporting the state’s ambition to strengthen its position as a regional centre for advanced manufacturing, industrial innovation and technology-led investment. 

Powered by HANNOVER MESSE, the world’s leading industrial technology platform, this impressive four-day summit will feature an industry conference, technology showcase, curated business meetings and networking opportunities focused on the practical adoption of artificial intelligence, automation, robotics, smart manufacturing and advanced digital technologies. 

YAB Dato’ Seri Amirudin Bin Shari, Chief Minister of Selangor said:  

“Selangor has established itself as one of Malaysia’s most important industrial and investment destinations. As manufacturers respond to rapid developments in technology, sustainability and global supply chains, it is important that the government and industry work together to create the conditions for continued innovation and growth. 

“The Selangor Techsphere Summit provides a platform for businesses to access new ideas, technologies and partnerships while contributing to the next phase of Selangor’s industrial development.” 

Responding to Industry’s Most Pressing Priorities 

Manufacturers across Malaysia and ASEAN are under increasing pressure to improve productivity, modernise operations, strengthen resilience and respond to sustainability and workforce challenges. 

The Selangor Techsphere Summit 2026 will examine how artificial intelligence, industrial automation, robotics, smart manufacturing and advanced digital technologies can be applied across real-world industrial operations. The programme will also address semiconductor manufacturing, energy efficiency, workforce development, investment and regional industrial growth. 

These issues will be brought into focus by two newly confirmed speakers representing international and Malaysian industry perspectives. 

Alex Capri, a former US Treasury Department official and globally recognised authority on geopolitics and Techno-nationalism, has been confirmed as the opening-day keynote speaker, while newly appointed Federation of Malaysian Manufacturing President, Jacob Lee Chor Kok, will deliver the opening address on the second day of the summit. 

Manufacturers, technology providers, government agencies, investors, researchers and industry specialists will contribute practical perspectives on the challenges and opportunities shaping the region’s industrial future. 

Mike Nissen, Senior Commercial Director, Hannover Fairs Asia-Pacific said: 

“Industrial transformation is no longer simply about adopting individual technologies. It requires manufacturers to align technology, people, investment and long-term business strategy. 

“Through the support of the Selangor State Government and the global industrial network of HANNOVER MESSE, the Selangor Techsphere Summit will connect regional industry leaders with practical expertise, proven solutions and potential partners that can support their transformation journey.” 

Connecting Industry and Government 

Across four days, the Selangor Techsphere Summit 2026 will examine the major forces shaping the future of industry, with each day dedicated to a distinct business and operational priority:

Day 1 – Wednesday, 14 October: AI & The Digital Economy
Exploring the practical application of artificial intelligence and digital technologies across industry and the wider economy.Day 2 – Thursday, 15 October: Semiconductors & Microelectronics
Focusing on advanced manufacturing, automation and the technologies strengthening industrial productivity and competitiveness.Day 3 – Friday, 16 October: Green Tech & Smart Automation
Examining how manufacturers can strengthen operational resilience while responding to sustainability, energy and resource-efficiency priorities.Day 4 – Saturday, 17 October: Governance, Talent & TVET 4.0
Addressing the skills, workforce capabilities and leadership needed to support the next phase of industrial transformation.

Delegates can select the day most relevant to their organisation or attend the full four-day programme for a broader view of the technologies, strategies and capabilities reshaping industry across Malaysia and ASEAN.

Across the programme, conference sessions, technology showcases, curated meetings and networking opportunities will connect perspectives from industry, government, technology and research.

Building on Regional Momentum 

The 2025 edition of the Selangor Techsphere Summit welcomed 1,535 attendees, 21 exhibitors and 39 speakers from more than 15 countries, reflecting growing regional demand for industrial technology expertise and stronger collaboration between government and industry. 

The 2026 summit will build on this momentum by creating further opportunities for knowledge exchange, technology discovery, investment engagement and regional business development. 

Registration Now Open 

Industry professionals, government representatives, investors, researchers, educators and technology leaders are invited to register for the Selangor Techsphere Summit 2026. 

Registration: https://selangortechsphere.com/ticketing-options/

Event Details 

Selangor Techsphere Summit 2026 
14–17 October 2026 
Kuala Lumpur Convention Centre, Malaysia 
A key component of the Selangor International Business Summit 2026 
www.selangortechsphere.com 

Exhibition and Sponsorship Enquiries 

Mike Nissen 
Senior Commercial Director 
Hannover Fairs 
+61 (0)405 421 838 
mike.nissen@hannoverfairs.com.au 

About the Selangor Techsphere Summit 

The Selangor Techsphere Summit is an industrial technology and transformation platform connecting manufacturers, technology providers, government representatives, investors, researchers and industry leaders from Malaysia and across ASEAN. 

Powered by HANNOVER MESSE and held as part of the Selangor International Business Summit, the summit supports knowledge exchange, technology discovery, investment engagement and collaboration across the industrial ecosystem. 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/selangor-to-convene-asean-industrial-leaders-at-government-backed-techsphere-summit-2026-302847967.html

SOURCE Hannover Fairs Asia-Pacific (HFAP)

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LX Pantos Strengthens Global ESG Leadership Through Its 2026 Sustainability Report

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Completes calculation and third-party verification of Scope 1 and 2 GHG emissions across Korea and key overseas operationsExpands ESG disclosures to cover human rights, safety, working conditions, and training for global employees

SEOUL, South Korea, Aug. 11, 2026 /PRNewswire/ — LX Pantos (President & CEO: Lee Yong-ho) has released its 2026 Sustainability Report, highlighting progress in advancing ESG management across its domestic and global operations.

The report covers nine material ESG issues identified through a double materiality assessment, including climate change adaptation and mitigation, energy, eco-friendly logistics services, customer value management, human resources management, information security, risk management, business conduct, and new growth engines and business diversification.

A key highlight of this year’s report is the expanded reporting scope, which now includes global worksites. The expansion reflects LX Pantos’s strong international footprint and the growing scale of its overseas operations.

On the environmental front, the company calculated Scope 1 direct greenhouse gas emissions and Scope 2 indirect greenhouse gas emissions from its domestic operations and key overseas sites. Third-party verification further strengthened the reliability of its environmental disclosures.

In the social area, LX Pantos collected and analyzed employee data from nine subsidiaries in Europe, covering human rights and labor, occupational health and safety, working conditions, education, and career development.

In governance, the report highlights progress in Jeong-do Management, the company’s ethics- and compliance-based management philosophy. LX Pantos recorded zero significant legal violations related to anti-corruption and fair trade rules and achieved a 100% completion rate for Jeong-do Management training in 2025.

The report was prepared in accordance with the GRI Standards 2021 and references global ESG frameworks including SASB, the UN SDGs, the UNGC, and the TCFD. An independent third-party assurance agency verified the report for accuracy and reliability.

In 2025, LX Pantos also earned a Bronze rating from EcoVadis, a B rating from the Carbon Disclosure Project (CDP), LEED Gold certification for the MegaWise Cheongna Center, and an A+ rating under the Regional Social Contribution Recognition System administered by the Korean Ministry of Health and Welfare.

Commenting on the release of this report, Lee Yong-ho, President & CEO of LX Pantos said, “LX Pantos is further advancing its sustainability management by expanding the scope of ESG management beyond Korea to our overseas operations. Under our ESG vision, ‘Value Deliverer for People and the Planet,’ we will continue to communicate with stakeholders in a transparent manner.”

■ About LX Pantos
Established in 1977, LX Pantos is a leading global logistics provider headquartered in Korea. It delivers comprehensive logistics solutions across sea, air, rail, and contract logistics through a worldwide network spanning more than 40 countries.
Learn more about LX Pantos online and follow it on LinkedIn.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/lx-pantos-strengthens-global-esg-leadership-through-its-2026-sustainability-report-302846866.html

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