Connect with us

Technology

Securitize Reports Second Quarter 2026 Results

Published

3 months ago

on

MIAMI, Aug. 12, 2026 /PRNewswire/ — Securitize Corp.(1) (“Securitize” or the “Company”) (NYSE: SECZ), the leader in tokenized assets, today announced financial results for the second quarter of 2026, which ended June 30, 2026.

“On July 2nd, shortly after quarter-end, we began trading on the New York Stock Exchange, becoming the first tokenization company to go public,” said Carlos Domingo, Chairman and CEO of Securitize. “This milestone, combined with our continued leadership in the industry, will serve to strengthen our value proposition and financial position while supporting investments to enhance our suite of tokenization-related products and services for our customers. Simultaneously with our listing, we brought our own common stock onchain, becoming the largest tokenized equity in the industry and the first to do so in the U.S. on its first day of public trading. This demonstrates the model we are building for other public companies under existing regulations.”

Domingo continued: “In the second quarter, Securitize continued to lead the tokenization industry as the largest platform by tokenized assets, showing how years of investment across regulation, technology and institutional infrastructure have come to fruition. We established landmark relationships with Computershare and Continental to advance issuer-sponsored tokenized equities on the back of our earlier partnership announcement with NYSE for 24/7 trading of tokenized stocks, expanded our broker-dealer capabilities, and continued to build the liquidity, collateral and settlement infrastructure required for tokenized assets to function across global capital markets.”

Domingo concluded: “With approximately $5.0 billion in assets now managed onchain and more than seven assets each with $100 million or more in AUM – more than any other platform – and a strengthened balance sheet, we believe we are very well positioned to lead the next stage of institutional tokenization growth.”

Second Quarter 2026 Financial Highlights

Record average tokenized AUM(2) in 2Q26 of $4.3 billion, up 16%, with total AUM(2) of $4.3 billion as of June 30, 2026, up 9%Total Revenue of $14.4 million, down 5% versus the prior-year periodNet loss of $21.7 million, with a net loss per diluted share of $2.37Adjusted EBITDA(3) loss of $5.5 million, versus positive Adjusted EBITDA of $1.8 million in the prior-year periodAggregate Transaction Volume(4) of $5.3 billion during the second quarter of 2026, up 147%663 active funds were being serviced by Securitize Fund Services as of June 30, 2026Securitize Fund Services total AUA(5) of $24.3 billion as of June 30, 2026, down approximately 20%

Percentage comparisons throughout this press release are calculated for the second quarter 2026 versus the second quarter of 2025, unless otherwise specified.

Second Quarter 2026 Business Highlights

Leading transfer agents Computershare and Continental Stock Transfer & Trust selected Securitize for tokenization: Securitize partnered with the world’s largest and third-largest transfer agents to support issuer-sponsored tokenized shares for U.S. public companies. These relationships build on Securitize’s NYSE partnership announced in late 1Q26 to help them deliver a digital trading platform for tokenized equities, acting as a design partner, transfer agent, and broker-dealer. Under this model, tokenized shares remain connected to the issuer’s official shareholder register, corporate actions and existing transfer-agent infrastructure. The relationships create opportunities for Securitize to support public companies, IPO candidates, and SPAC issuers exploring tokenization strategies.

Announced a tokenized-equities collaboration with Jump Trading and Jupiter: The collaboration combines Securitize’s regulated ownership and execution infrastructure with Jump’s institutional liquidity capabilities and Jupiter’s distribution interface. Together, the companies are developing infrastructure to support regulated public equities trading and accessing liquidity onchain.

Received FINRA approval for expanded broker-dealer capabilities: During the second quarter, Securitize Markets received FINRA approval to custody tokenized securities, enabling atomic settlement between tokenized securities and stablecoins. The approval also allows Securitize Markets to participate in underwriting and selling groups for initial and secondary offerings, expanding Securitize’s capabilities across issuance, ownership records, distribution, trading, custody and settlement.

Partnered with Cantor Fitzgerald & Co. to enable onchain IPOs and follow-on offerings for public companies: Entered into shortly after 2Q26, the partnership builds on the recently approved expanded capabilities for Securitize Markets to become part of IPOs and follow-on offerings using blockchain-based infrastructure to tokenize securities. By expanding the application of tokenization beyond secondary market trading, Securitize and Cantor will enable public companies to raise capital and issue securities onchain and gain access to the benefits of blockchain-based infrastructure, including enhanced transparency, improved operational efficiency, modernized ownership records, and a global onchain investor base, while still operating within the established capital markets framework of traditional public offerings.

Securitize was chosen as the tokenization partner of Atlas Capital to launch USAFi under Dubai‘s VARA framework: This product is economist Dr. Nouriel Roubini’s first move into the blockchain and the first project for Securitize to issue an asset under Dubai‘s VARA Asset Reference Virtual Asset Rulebook. USAFi is a digital security backed by the Atlas America Fund, an SEC-registered, actively managed ETF (NASDAQ: USAF) with reserve assets custodied at BNY. It is designed to let regulated, institutional-grade collateral trade with 24/7 accessibility and portability.

Securitize Fund Services and Upshift Partner to deliver institutional-grade reporting for onchain vaults: As the onchain economy continues to grow, vaults are becoming one of the main access points for onchain yield; Securitize Fund Services partnered with Upshift (an institutional-grade onchain yield platform) to add independent, audit-ready reporting, investor-level allocation transparency, performance validation, and reconciliation for onchain vaults. This brings traditional fund administration standards to DeFi-style vault infrastructure.

Grew tokenized assets, institutional products and onchain finance integrations: Securitize added approximately $1 billion in AUM during the second quarter, recovering from crypto-driven declines over the prior two quarters. Average AUM was up 16% YoY, with more than seven assets crossing the $100 million AUM mark. Securitize continues to be the largest tokenization platform and the only one above $4 billion in AUM. BlackRock’s BUIDL became available as yield-bearing collateral through a framework involving OKX and Standard Chartered, extending its use into institutional trading and collateral-management workflows. Securitize also expanded the Securitize Tokenized AAA CLO Fund (STAC) to include Solana, followed by Ethena Labs’ USDe $250 million allocation to the fund. The Company further expanded its multichain infrastructure through an integration with TRON, the second-largest stablecoin blockchain, to continue enhancing the distribution of tokenized assets.

Key leadership and Board roles filled: During the second quarter, Securitize(6) appointed Brett Redfearn as President and a member of the Board of Directors. Redfearn, the former director of the SEC’s Division of Trading and Markets, joined Securitize to help lead its next stage of growth. His appointment strengthens the Company’s expertise across market structure, regulation, and institutional capital markets. Additionally, Securitize(6) appointed Sunil Sabharwal to its Board of Directors. Sabharwal has broad and deep experience across payments, financial infrastructure, international markets, and public policy. His appointment further strengthens the oversight of the Company’s governance as a public company.

Second Quarter 2026 Financial Results

Francisco Flores, Chief Financial Officer, commented: “We continued to make solid progress on our financial goals in the second quarter, reporting total revenue of $14.4 million. While our quarterly revenue can be volatile at this stage of Securitize’s growth, we remain focused on driving top-line growth by making the necessary investments to expand our businesses, strengthen our capabilities, and capitalize on the opportunities ahead. As we scale as a public company, given the underlying operating leverage we see in the business, delivering positive adjusted EBITDA will remain an important near-term goal. Importantly, we closed the business combination one day after quarter-end, leaving Securitize in a strong liquidity position – with approximately $350 million in cash and no debt on our balance sheet – as we entered the third quarter.”

Securitize will host a conference call tomorrow, August 13, 2026, at 8:30 a.m. (ET) to present second-quarter 2026 financial results. The general public can access the conference call by dialing the following numbers: +1(833) 461-5787 or +1(626) 884-3620 (for North American callers). For international callers, please find your local dial-in information here: https://help.events.q4inc.com/eahc/international-dial-in-numbers. The participant passcode for all callers is 815 954 037.

The live audio webcast and presentation slides will be available on the Company’s investor relations website, https://investors.securitize.io/events-and-presentations/. A replay and transcript of the webcast will be available shortly after the event.

SECURITIZE, INC. AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

YoY
Change

2026

2025

YoY
Change

Revenue

$14,435,845

$15,262,176

(5) %

$33,914,311

$29,296,195

16 %

Tokenization

$7,839,139

$8,874,393

(12) %

$18,974,344

$20,136,056

(6) %

Asset Servicing

$6,596,706

$6,387,783

3 %

$14,939,967

$9,160,139

63 %

Operating costs and expenses:

Cost of revenue (exclusive of items
shown below)

3,981,122

3,532,624

13 %

8,451,012

5,279,281

60 %

Selling, general & administrative

8,217,259

3,523,906

133 %

15,955,352

6,845,087

133 %

Compensation and benefits

10,547,883

8,031,538

31 %

19,648,481

20,005,074

(2) %

Provision for expected credit losses

1,315,134

111,885

1,075 %

1,600,587

186,273

759 %

Loss on digital assets from operations,
net

82,705

259,910

(68) %

369,297

1,110,570

(67) %

Total operating costs and
expenses

24,144,103

15,459,863

56 %

46,024,729

33,426,285

38 %

Loss from operations

(9,708,258)

(197,687)

4,811 %

(12,110,418)

(4,130,090)

193 %

Other income (expense):

Interest expense

(1,105,915)

(1,389,167)

(20) %

(3,374,490)

(2,840,058)

19 %

Interest income

176,391

347,802

(49) %

413,505

515,293

(20) %

Dividend income

87,581

43,313

102 %

241,033

85,147

183 %

Loss on digital assets held for
investment, net

(512,615)

—

n/m

(1,433,082)

—

n/m

Other income (expense), net

1,145,805

(148,833)

870 %

1,735,797

431,677

302 %

Change in fair value of option liability

(29,266,000)

(977,000)

(2,895) %

(29,176,000)

(487,000)

(5,891) %

Change in fair value of simple
agreements for future equity

(4,310,000)

(383,000)

(1,025) %

(5,678,000)

(449,000)

(1,165) %

Change in fair value of derivative
liability

21,843,000

(2,754,000)

893 %

19,842,000

(3,044,000)

752 %

Total other expense, net

(11,941,753)

(5,260,885)

127 %

(17,429,237)

(5,787,941)

201 %

Net loss from continuing operations
before income taxes

(21,650,011)

(5,458,572)

297 %

(29,539,655)

(9,918,031)

198 %

Provision for income taxes

(39,191)

(80,216)

(51) %

(82,199)

(162,275)

(49) %

Net loss from continuing operations

$(21,689,202)

$(5,538,788)

292 %

$(29,621,854)

$(10,080,306)

194 %

Net loss from discontinued operations

—

(607,515)

(100) %

—

(1,190,854)

(100) %

Net loss

$(21,689,202)

$(6,146,303)

253 %

$(29,621,854)

$(11,271,160)

163 %

Deemed dividend to preferred
stockholders

—

—

—

(1,493,539)

(100) %

Net loss attributable to common
stockholders

$(21,689,202)

$(6,146,303)

253 %

$(29,621,854)

$(12,764,699)

132 %

Net loss per share of common stock and
Class A common stock – basic and
diluted

$(2.37)

$(0.72)

231 %

$(3.29)

$(1.48)

122 %

Net loss from continuing operations per
share of common stock and Class A
common stock – basic and diluted

$(2.37)

$(0.65)

267 %

$(3.29)

$(1.34)

145 %

Net loss from discontinued operations
per share of common stock and Class A
common stock – basic and diluted

$—

$(0.07)

(100) %

$—

$(0.14)

(100) %

Weighted average common stock and
Class A common stock shares
outstanding – basic and diluted

9,139,723

8,570,963

7 %

8,993,202

8,616,139

4 %

Other comprehensive income:

Foreign currency translation
adjustment

72,399

260,059

(72) %

122,285

333,287

(63) %

Total other comprehensive income

72,399

260,059

(72) %

122,285

333,287

(63) %

Comprehensive loss

$(21,616,803)

$(5,886,244)

267 %

$(29,499,569)

$(10,937,873)

170 %

 

SECURITIZE, INC. AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

June 30, 2026

December 31, 2025

ASSETS

Current assets:

Cash and cash equivalents

$   33,599,243

$        24,871,555

Digital assets from operations

99,915

2,023,098

Digital assets held for investment

887,928

—

Digital assets receivable

1,831,093

2,500,102

Customer escrow funds

18,106,706

44,293,388

Restricted tokenized assets

—

1,722,665

Investments in available-for-sale marketable securities

444,058

928,037

Investments in tokenized assets

7,651,765

12,034,881

Accounts receivable, net

9,120,623

5,321,337

Accounts receivable, related parties

460,213

594,435

Contract assets

15,122,608

12,289,139

Digital assets loan receivable

—

99,647

Digital assets loan receivable, related parties

—

290,356

Deferred offering costs

7,112,971

3,041,602

Prepaid expenses and other current assets

3,043,115

2,396,986

Total current assets

97,480,238

112,407,228

Digital assets receivable, noncurrent

1,690,610

1,556,218

Contract assets, noncurrent

1,081,243

2,982,075

Notes receivable, related parties

8,766,201

5,183,987

Intangible assets, net

20,130,639

20,683,828

Goodwill

26,365,270

26,365,270

Other noncurrent assets

601,415

596,519

Total assets

$ 156,115,616

$      169,775,125

LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’
DEFICIT

Current liabilities:

Accounts payable

$        693,723

$          2,779,997

Digital asset borrowings

—

101,109

Obligation to return collateral

—

1,722,665

Accrued expenses and other current liabilities

13,749,798

4,273,592

Interest payable

6,114,314

5,096,492

Customer escrow funds payable

18,103,958

44,187,723

Deferred revenue

1,148,727

5,154,656

Option prepayment liability

20,000,000

—

Total current liabilities

59,810,520

63,316,234

Deferred revenue, noncurrent

993,665

1,348,701

Simple agreements for future equity

16,127,000

10,449,000

Convertible promissory notes payable, net

74,948,845

72,562,079

Derivative liability

6,328,000

26,170,000

Option liability

40,566,000

11,390,000

Deferred tax liability

342,015

263,634

Total liabilities

199,116,045

185,499,648

Commitments and contingencies (See Note 17)

Mezzanine equity:

J Digital 6 warrants

1,169,721

731,076

Series B-4 redeemable convertible preferred stock, 2,089,457 shares
authorized, issued and outstanding (preference in liquidation of
$45,132,272 for both periods)

42,348,900

42,348,900

Series B-3 redeemable convertible preferred stock, 1,219,998 shares
authorized, issued and outstanding (preference in liquidation of
$21,959,964 for both periods)

21,969,898

21,969,898

Series B-2 redeemable convertible preferred stock, 2,630,197 shares
authorized, issued and outstanding (preference in liquidation of
$19,103,384 for both periods)

24,387,798

24,387,798

Series B-1 redeemable convertible preferred stock, 2,881,387 shares
authorized, issued and outstanding (preference in liquidation of
$26,159,824 for both periods)

21,407,747

21,407,747

Series A redeemable convertible preferred stock, 2,999,412 shares
authorized, issued and outstanding (preference in liquidation of
$14,501,257 for both periods)

14,700,686

14,700,686

Total mezzanine equity

125,984,750

125,546,105

Stockholders’ deficit:

Common stock, $0.0001 par value; 28,059,331 shares authorized at
June 30, 2026 and December 31, 2025; 8,700,776 shares issued at
June 30, 2026 and December 31, 2025; 8,550,776 shares outstanding
at June 30, 2026 and December 31, 2025.

870

870

Class A common stock, $0.0001 par value; 5,100,000 shares
authorized at June 30, 2026 and December 31, 2025; 809,230 and
293,768 issued and outstanding at June 30, 2026 and December 31,
2025, respectively.

81

29

Treasury stock, 150,000 shares at cost

(1,599,978)

(1,599,978)

Additional paid-in capital

26,521,873

24,736,907

Accumulated deficit

(195,124,692)

(165,502,838)

Accumulated other comprehensive income

1,216,667

1,094,382

Total stockholders’ deficit

(168,985,179)

(141,270,628)

Total liabilities, mezzanine equity and stockholders’ deficit

$ 156,115,616

$      169,775,125

 

SECURITIZE, INC. AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 30,

2026

2025

Cash flows from operating activities:

Net loss

$           (29,621,854)

$           (11,271,160)

Net loss from discontinued operations

—

1,190,854

Net loss from continuing operations

(29,621,854)

(10,080,306)

Adjustments to reconcile net loss to net cash used in operating
activities:

Depreciation and amortization

1,105,431

914,333

Provision for expected credit losses

1,600,587

186,273

Share-based compensation expense

1,373,774

8,677,983

Accretion of debt discount

2,386,766

1,508,376

Net losses (gains) from investments

(1,950,878)

(710,231)

Loss on digital assets held for investment, net

1,433,082

—

Loss on digital assets from operations, net

369,297

1,110,570

Deferred tax provision

78,381

30,510

Change in fair value of simple agreement for future equity

5,678,000

449,000

Change in fair value of derivative liability

(19,842,000)

3,044,000

Change in fair value of option liability

29,176,000

487,000

Changes in operating assets and liabilities, net of effects of business
acquisitions and divestitures:

Digital assets from operations

(98,115)

(985,328)

Digital assets receivable

(134,392)

(6,425,985)

Customer escrow funds

26,186,682

2,397,566

Accounts receivable

(5,399,873)

(4,576,873)

Accounts receivable, related parties

134,222

248,973

Contract assets

(932,637)

(4,892,310)

Prepaid expenses and other current assets

(646,129)

(1,275,362)

Accounts payable

(2,111,162)

(365,550)

Accrued expenses and other current liabilities

6,910,195

936,405

Interest payable

1,017,822

1,499,021

Customer escrow funds payable

(26,083,765)

(2,391,578)

Deferred revenue

(4,360,965)

(398,193)

Cash used in operating activities from continuing operations

(13,731,531)

(10,611,706)

Cash used in operating activities from discontinued operations

—

(356,854)

Net cash flows used in operating activities

(13,731,531)

(10,968,560)

Cash flows from investing activities:

Purchases of investments in available-for-sale marketable securities

(642,203)

(474,152)

Proceeds from sales and redemptions of investments and available-for-sale
marketable securities

1,151,827

870,493

Acquisition of a business, net of cash acquired

—

(21,090,525)

Proceeds from partial repayments of notes receivable, related parties

745,910

195,635

Originations of and disbursements for notes receivable, related parties

(2,795,910)

(772,500)

Purchases of tokenized assets for investment

—

(644,767)

Proceeds from redemptions of tokenized assets for investment

5,065,029

—

Purchases of equipment and other long-lived assets

(557,138)

(3,702)

Proceeds from participation and closing positions in DeFi activities

—

21,984,830

Investment activities in DeFi involving use of cash equivalents

—

(1,772,127)

Net cash flows provided by (used in) investing activities

2,967,515

(1,706,815)

Cash flows from financing activities:

Proceeds from issuance of note payable, related party

—

945,343

Proceeds from option prepayment liability

20,000,000

—

Payment of deferred offering costs

(1,480,470)

—

Proceeds from options exercised

849,889

46,905

Net cash flows provided by financing activities

19,369,419

992,248

Effect of exchange rate changes on cash

122,285

333,287

Net increase (decrease) in cash and cash equivalents

8,727,688

(11,349,840)

Cash and cash equivalents from continuing operations, beginning of period

24,871,555

21,788,225

Cash and cash equivalents from discontinued operations, beginning of period

—

175,233

Less: Cash and cash equivalents from discontinued operations, end of period

—

(98,016)

Cash and cash equivalents from continuing operations, end of period

$            33,599,243

$            10,515,602

Supplemental disclosure of cash flow information and non-cash
transactions:

Income taxes paid

$                 193,567

$                   19,479

Digital assets loan receivables originated

—

24,225,263

Digital assets loan receivables repaid

390,003

10,081,943

Digital assets received as collateral

—

28,497,830

Digital assets received as collateral returned

1,351,493

10,081,940

Digital assets borrowed

—

24,868,207

Digital assets borrowed repaid

101,109

31,000,000

Digital assets pledged as collateral

—

29,247,464

Digital assets pledged as collateral returned

1,711,530

31,106,687

Digital assets exchanged with collateral

371,172

—

Non-cash additions or transfers of digital asset investments

2,321,010

—

Non-cash investment asset participation in DeFi activities

277,759

1,168,648

Deferred offering costs in accounts payable and accrued expenses

5,489,048

—

Series B-4 preferred stock issued in exchange of common stock

—

6,325,845

Reissuance of Series A, B-1, and B-2 preferred stock at fair value in
secondary transaction

—

1,493,539

Retirement of common stock reacquired in exchange of preferred stock

—

6,325,845

Deemed dividend on reissuance of preferred stock at fair value in secondary
transaction

—

1,493,539

The following tables reconcile Adjusted EBITDA to Net loss from continuing operations, its most closely comparable GAAP financial measure, for the three and six months ended June 30, 2026 and 2025:

Reconciliation of GAAP to Non-GAAP Results

Three Months Ended June 30,

(Unaudited)

2026

2025

Net loss from continuing operations

$         (21,689,202)

$              (5,538,788)

Add back:

Depreciation and amortization

517,497

600,919

Provision for expected credit losses

1,315,134

111,885

Share-based compensation expense

537,186

1,246,979

Provision for income taxes

39,191

80,216

Interest income

(176,391)

(347,802)

Interest expense

1,105,915

1,389,167

Dividend income

(87,581)

(43,313)

Loss on digital assets held for investment, net

512,615

—

Other income (expense), net

(1,145,805)

148,833

Change in fair value of simple agreements for future equity,
embedded derivatives, and option liability

11,733,000

4,114,000

Acquisition related transaction costs

—

43,931

Professional fees and other one‑time public company
readiness costs

1,879,717

—

Adjusted EBITDA

$           (5,458,724)

$               1,806,027

Six Months Ended June 30,

(Unaudited)

2026

2025

Net loss from continuing operations

$         (29,621,854)

$            (10,080,306)

Add back:

Depreciation and amortization

1,105,431

914,333

Provision for expected credit losses

1,600,587

186,273

Share-based compensation expense

1,373,774

8,677,983

Provision for income taxes

82,199

162,275

Interest income

(413,505)

(515,293)

Interest expense

3,374,490

2,840,058

Dividend income

(241,033)

(85,147)

Loss on digital assets held for investments, net

1,433,082

—

Other income (expense), net

(1,735,797)

(431,677)

Change in fair value of simple agreements for future equity,
embedded derivatives, and option liability

15,012,000

3,980,000

Acquisition related transaction costs

—

290,000

Professional fees and other one‑time public company readiness
costs

3,403,127

—

Adjusted EBITDA

$           (4,627,499)

$               5,938,499

(1) The financial results herein are for Securitize I, Inc. (f/k/a Securitize, Inc.) and were achieved prior to the completion of the companies’ business combination with Cantor Equity Partners II, Inc., which occurred on July 1, 2026. As part of that business combination, Securitize, Inc. was renamed as Securitize I, Inc. and became a wholly owned subsidiary of Securitize Corp.

(2) AUM refers to Tokenized Assets Under Management.

(3) Adjusted EBITDA is a non-GAAP financial metric. Securitize generally reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). However, management believes that the evaluation of its ongoing operating results may be enhanced by a presentation of Adjusted EBITDA, which is a non-GAAP financial measure. Adjusted EBITDA represents net loss from continuing operations adjusted for  the items detailed in the reconciliation tables included in this release. Securitize believes that the use of Adjusted EBITDA provides an additional meaningful method of evaluating certain aspects of its operating performance from period to period on a basis that may not be otherwise apparent under GAAP when used in addition to, and not in lieu of, GAAP measures. Adjusted EBITDA has limitations as an analytical tool and should not be considered in isolation from, or as a substitute for, net loss or other measures of financial performance prepared in accordance with GAAP. Other companies, including companies in Securitize’s industry, may calculate Adjusted EBITDA differently or may use other measures to evaluate their performance, which reduces the usefulness of Adjusted EBITDA as a comparative measure. In addition, Adjusted EBITDA excludes changes in the fair value of simple agreements for future equity, derivative liabilities, and option liabilities, which have been significant to Securitize’s results of operations in the periods presented.

(4) Aggregate Transaction Volume represents aggregate volume of investments, redemptions, dividends, and cross chain movements of assets issued by Securitize’s platform.

(5) AUA refers to Assets Under Administration.  

(6) Board appointments of Redfearn and Sabharwal were made by Securitize, Inc. Following the business combination referred to above in note (1), both Redfearn and Sabharwal were subsequently appointed to the Board of Directors of Securitize Corp.

About Securitize
Securitize, the world’s leader in tokenizing real-world assets with approximately $5B of AUM (as of July 2026), is bringing the world onchain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, VanEck and others.

In the U.S., Securitize operates through its affiliates, including Securitize Markets, LLC, an SEC-registered broker-dealer and member FINRA/SIPC that operates an SEC-regulated Alternative Trading System (ATS); Securitize Transfer Agent, LLC, an SEC-registered transfer agent; Securitize Capital LLC, an SEC-registered investment adviser; and Securitize Fund Services, LLC, which provides fund administration and digital asset reporting services. In Europe, Securitize operates through its affiliate Securitize Europe Brokerage and Markets, S.A., which is fully authorized as an Investment Firm and operates a Trading & Settlement System (TSS) under the EU DLT Pilot Regime, making Securitize the only company licensed to operate regulated digital-securities infrastructure across both the U.S. and EU. Securitize has also been recognized as a 2026 Forbes Top 50 Fintech company. 

For more information, please visit:
Website | X/Twitter | LinkedIn

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements regarding Securitize Corp.’s (“Securitize”) future results of operations and financial position, business strategy, and plans and objectives of management for future operations, are forward-looking statements.

Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties.

Many factors could cause actual results to differ materially from those described in these forward-looking statements, including, but not limited to: regulatory developments relating to digital assets and tokenization; market volatility; competition; and those risks factors described in the filings of Securitize Corp.

Forward-looking statements speak only as of the date they are made. Securitize Corp. does not undertake any obligation to update or revise any forward-looking statements, except as required by law.

Securitize Contacts:

Press:
Tom Murphy
press@securitize.io 

Investor Relations:
Sam Ross
investor.relations@securitize.io 

Source: Securitize (NYSE: SECZ)
XNYS:SECZ

View original content to download multimedia:https://www.prnewswire.com/news-releases/securitize-reports-second-quarter-2026-results-302850119.html

SOURCE Securitize

Related Topics:
Continue Reading

Technology

AEWIN Showcases Server Portfolio with AMD EPYC 9006 SP7 Processors at AMD in Depth: EPYC “Venice”

Published

50 minutes ago

on

November 11, 2026

By

Comprehensive AI, General-Purpose, and Storage Server Portfolio Highlights Platform Readiness and Upcoming System Shipments

LAS VEGAS, Nov. 10, 2026 /PRNewswire/ — AEWIN Technologies Co., Ltd., a member of the Qisda Group and a server and network appliance provider, today announced new servers powered by AMD EPYC™ 9006 SP7 Server CPUs. Originally previewed on November 5th during the AMD in Depth: EPYC “Venice” event in Las Vegas, the BG28-A10710 and BX28-A10710 highlight AEWIN’s platform readiness as the company prepares to bring its latest EPYC servers to the market in alignment.

In addition to the systems demonstrated at the event, AEWIN’s Server portfolio spans AI, general-purpose, and storage servers designed for a broad range of infrastructure requirements. Building on its previously announced lineup, AEWIN offers servers featuring high-performance computing power, high-speed connectivity, and flexible configurations to support AI workloads, enterprise applications, scalable storage, and cloud infrastructure.

For AI computing, the BG18-A10710 1U AI Server supports up to two single-width 600W GPUs and integrates two-phase direct liquid cooling (2P DLC) solutions for CPU and GPU thermal management. The BG28-A10710 2U AI Server accommodates up to four full-height, full-length GPUs, supporting demanding AI training, inference, and accelerated computing workloads through PCIe 6.0 connectivity.

For enterprise and cloud infrastructure, the BX28-A10710 2U General Purpose Server combines balanced compute and storage capabilities with support for two PCIe 6.0 slots, one OCP 3.0 slot, and up to 12 U.2 NVMe SSDs. For performance-critical storage workloads, the BS28-A10710 2U Storage Server supports up to 16 E3.S Gen6 SSDs, providing high-density storage capacity and high-bandwidth connectivity for data-intensive applications.

By translating AMD EPYC 9006 SP7 Server CPU capabilities into purpose-built platforms, AEWIN enables customers to address diverse workload requirements. Its offerings deliver the versatility needed to master shifting market dynamics, seamlessly balancing extreme performance with cost-effective scalability. With its expanding server portfolio and the broader technology capabilities of Qisda Group ecosystem partners, AEWIN is well positioned to empower customers to build reliable, efficient, and future-ready rack-scale AI infrastructure.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aewin-showcases-server-portfolio-with-amd-epyc-9006-sp7-processors-at-amd-in-depth-epyc-venice-302935761.html

SOURCE AEWIN Technologies Co., Ltd.

Continue Reading

Technology

Baylin announces $35.3 million in revenue for the third quarter of 2026 as compared to $16.8 million for the same period in 2025

Published

50 minutes ago

on

November 11, 2026

By

Investor Conference Call on November 11, 2026 at 10:00 a.m. ET

TORONTO, Nov. 10, 2026 /CNW/ — Baylin Technologies Inc. (TSX: BYL) (OTCQB: BYLTF) (the “Company” or “Baylin”), a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services, today announced its financial results for the three and nine months ended September 30, 2026. All amounts are stated in Canadian dollars unless otherwise indicated.

THIRD QUARTER SUMMARY

Revenue of $35.3 million compared to $16.8 million in the third quarter of 2025, an increase of 110.7%. The increase was primarily due to the inclusion of a full quarter of revenue from the Kaelus business line.Gross profit of $12.2 million compared to $7.3 million in the third quarter of 2025, due mainly to the inclusion of gross profit from the Kaelus business line.Gross margin of 34.6% compared to 43.4% in the third quarter of 2025 was largely attributed to product mix within the period combined with inflationary pressures, increased operating costs and the ongoing impact of global economic and geopolitical uncertainty.Adjusted EBITDA* of $0.7 million compared to $0.6 million in the third quarter of 2025 was impacted by the same factors as gross margin.Net loss of $0.7 million compared to $1.1 million in the third quarter of 2025, due primarily to an operating loss of $0.8 million. On a per share basis, a net loss of $0.00 per share in the third quarter of 2026 compared to a net loss of $0.01 per share in the third quarter of 2025.Net debt* of $12.7 million at September 30, 2026 compared to $12.4 million at December 31, 2025.Backlog* of $50.9 million at September 30, 2026 compared to $20.4 million at December 31, 2025. The increase was mainly due to the inclusion of backlog from the Kaelus business line and strong new order intake from the Satcom business line.

* This is a non-IFRS measure. See notes in “Selected Financial Information”.

RECENT DEVELOPMENTS

Term Facility

On May 15, 2026, the Company entered into an agreement (the “Credit Agreement”) with Luis LP (the “Lender”), an entity established by SAF Group, a Calgary-based private credit lender, pursuant to which the Lender established a non-revolving term credit facility (the “Term Facility”) in favour of the Company for up to $30.9 million.

Following September 30, 2026, the Company failed to meet the minimum Lender-defined EBITDA covenant applicable to the second and third quarters of 2026 combined period. On November 10, 2026, the Company and the Lender entered into the First Amending Agreement, under which the Lender waived the Company’s failure to meet the minimum Lender-defined EBITDA covenant for the second and third quarters of 2026 combined, subject to the terms and conditions of the First Amending Agreement. The waiver does not apply to any other Default or Event of Default or to any future covenant tests, including the fourth quarter of 2026 tests, which remain in place. The principal terms of the First Amending Agreement can be found in the Company’s management’s discussion and analysis (the “MD&A”) for the three and nine months ended September 30, 2026.

Pursuant to the terms of the Credit Agreement, the Company is prohibited from making the Kaelus deferred purchase price payments of approximately $10.6 million due November 15, 2026 and $2.7 million due December 15, 2026 when due and the Company is uncertain whether it will be allowed to make the final instalment of $7.3 million due March 27, 2027 (collectively the “Kaelus Payments”). Interest on a portion of the Kaelus Payments accrues at 5% per annum from closing until paid. The Company is evaluating alternatives to address these obligations.

The Kaelus Payments are presented in Canadian dollars based on the September 30, 2026 exchange rate. As previously disclosed, the Kaelus Payments are payable in Swedish Krona (SEK), and the actual Canadian dollar equivalent of the final payments will vary based on the exchange rate in effect on the applicable payment dates.

If a guaranteed Kaelus Payment is not made when due, the former Kaelus shareholders may make written demand under the guarantee against 2385796 Ontario Inc., a corporation controlled by Mr. Royer.

SELECTED FINANCIAL INFORMATION

The table below discloses selected financial information for the periods indicated.

(in $000’s except per share amounts)

Three Months Ended September 30,

Nine Months Ended September 30,

2026

2025

Change

Change

2026

2025

Change

Change

$

$

$

%

$

$

$

%

Profit and Loss

Revenue

35,300

16,754

18,546

> 100.0%

73,383

58,076

15,307

26.4 %

Gross profit

12,230

7,274

4,956

68.1 %

29,273

25,682

3,591

14.0 %

Gross margin

34.6 %

43.4 %

(8.8 pp)

(20.3 %)

39.9 %

44.2 %

(4.3 pp)

(9.7 %)

Net loss

(742)

(1,100)

358

(32.5 %)

(6,249)

(2,142)

(4,107)

> 100.0%

Basic and diluted net loss per share

($0.00)

($0.01)

$0.01

(100.0 %)

($0.03)

($0.01)

($0.02)

> 100.0%

EBITDA(1)

263

249

14

5.6 %

(371)

2,060

(2,431)

N/A

Adjusted EBITDA(2)

703

586

117

20.0 %

3,805

4,695

(890)

(19.0 %)

As at

As at

As at

As at

September

30, 2026

September

30, 2025

Change

Change

September

30, 2026

December

31, 2025

Change

Change

$

$

$

%

$

$

$

%

Balance Sheet and Other

Current assets

75,520

33,399

42,121

> 100.0%

75,520

39,413

36,107

91.6 %

Total assets

114,512

44,243

70,269

> 100.0%

114,512

45,377

69,135

> 100.0%

Current liabilities

92,484

38,433

54,051

> 100.0%

92,484

50,582

41,902

82.8 %

Total liabilities

99,612

54,098

45,514

84.1 %

99,612

57,026

42,586

74.7 %

Net debt(3)

12,695

11,364

1,331

11.7 %

12,695

12,395

300

2.4 %

Backlog(4)

50,874

22,645

28,229

> 100.0%

50,874

20,404

30,470

> 100.0%

Notes:

(1)

See “Non-IFRS Measures”. “EBITDA” refers to net income (loss) plus income tax expense (recovery), interest and other finance expense (income), investment income, fair value adjustments, depreciation and amortization.

(2)

See “Non-IFRS Measures”. “Adjusted EBITDA” refers to EBITDA adjusted for the impact of certain items, including asset impairment charges, expenses from mergers and acquisitions, costs of reorganization of a business, gain or loss on the sale of a business, including related expenses, legal costs incurred from significant non-operating activities, severance and executive recruitment costs, and share-based compensation.

(3)

See “Non-IFRS Measures”. “Net debt” refers to total bank indebtedness less cash and cash equivalents.

(4)

See “Non-IFRS Measures”. “Backlog” refers to the value of unfulfilled purchase orders placed by customers.

A copy of the Company’s unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2026 and corresponding management’s discussion and analysis (the “MD&A”) are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

OUTLOOK

Corporate

In the third quarter of 2026, the Company continued to advance its strategy of building a diversified global RF technology platform following the acquisition of Kaelus in May 2026. The quarterly sequential revenue increase in the third quarter reflected the contribution from the first full quarter of the Kaelus business line, combined with improvements from the Satcom business line. These gains were tempered by the decline in revenue in the Wireless Infrastructure business line as a result of North American wireless carriers redirecting capital spending to fibre assets in support of data centre buildouts. The Company generated positive Adjusted EBITDA of $0.7 million in the third quarter of 2026, its eleventh consecutive quarter of positive Adjusted EBITDA.

The macroeconomic environment remains challenging, given the ongoing geopolitical tensions and continuing uncertainty. Continued disruptions to the oil supply in the Middle East kept the oil and fuel prices elevated, with broader impacts on transportation, logistics and other production costs across multiple industries. In addition, the Company is facing higher manufacturing costs amid industry-wide price spikes affecting a wide range of electronic components, including memory chips and other critical components.

Despite these challenges and uncertainties, we remain committed to our core principles: clear market-driven strategies, cost containment, prioritizing research and product development, and focusing on revenue growth and margin improvement. Management continues to monitor component pricing and supply chain conditions closely and is focused on mitigating the impact through procurement optimization, cost control initiatives and operational efficiencies.

Based on our current assessment for the fourth quarter of 2026, we expect (i) the Kaelus business line will continue to generate solid revenue, with margins improving relative to recent periods; (ii) the Custom Antenna Solutions business line will experience a gradual recovery in order intake, although customer purchasing activity may continue to be affected by macroeconomic conditions; (iii) sales volumes in the Wireless Infrastructure business line will remain below historical levels due to continued project delays and reduced carrier spending, particularly in the United States; and, (iv) the Satcom business line will deliver improved revenue performance compared to earlier periods.

These operating expectations are subject to ongoing financing and liquidity constraints. Although the First Amending Agreement improved the Company’s short-term liquidity, the terms of the Credit Agreement prohibit the Company from making the Kaelus Payments due in November and December 2026. The Company also remains subject to future financial covenant tests, which it may not satisfy. Management is working constructively with its Lender to negotiate amendments to its credit arrangements intended to address these challenges and support the Company’s ongoing liquidity requirements.

Kaelus Business Line

For the third quarter of 2026, Kaelus delivered strong revenue and Adjusted EBITDA in its first full quarter of consolidated operations, significantly bolstering the Company’s consolidated results. Based on current customer order volumes, ongoing sales velocity and efforts on improving margins, management believes that Kaelus will continue to produce healthy results. Looking ahead, management remains focused on integrating Kaelus into the broader organization, pursuing cross-selling opportunities across the combined customer portfolios of the Kaelus and Wireless Infrastructure business lines, as well as diversifying Kaelus’ customer base to drive further growth in 2027.

Custom Antenna Solutions Business Line

Custom Antenna Solutions delivered softer financial results in the third quarter of 2026 compared to the prior year period. The business line is being impacted by customer order delays due to market volatility and macroeconomic uncertainty. In addition, the business line faced higher production costs resulting from industry-wide price spikes across a wide range of electronic components, which placed additional pressure on gross margins. Despite these challenges, we expect Custom Antenna Solutions revenue in the fourth quarter of 2026 to be comparable to the third quarter, and full-year 2026 revenue to be similar to 2025. The number of active bids for new projects remains at a solid level.

Wireless Infrastructure Business Line

Wireless Infrastructure experienced challenging market conditions in the third quarter of 2026, primarily reflecting capital expenditure delays by North American carriers. Looking ahead, management will continue to leverage the competitive advantages of its multibeam and small cell antenna technologies to pursue new opportunities and drive further sales with wireless carriers and third-party network operators in domestic and international markets. Based on our current assessment, we anticipate Wireless Infrastructure’s performance in revenue, gross profit and Adjusted EBITDA for the full year 2026 will be softer than its very strong 2025 results. We expect carriers to resume infrastructure spending in 2027, which we anticipate will support a recovery in backlog and sales volume for the business line.

Satcom Business Line

Satcom recorded a significant increase in its backlog in the latter part of the second quarter of 2026 and early in the third quarter, primarily driven by multi-million-dollar purchase orders for the Genesis amplifiers across high-power broadcast, government and defence satellite applications. Although Satcom’s top line result in the third quarter of 2026 was weaker than the prior year period, Adjusted EBITDA was comparable and also demonstrated sequential improvement compared to the second quarter of 2026. With this backlog in hand, our outlook for the fourth quarter is more favourable as customers continue to transition from legacy lower-margin products to the new Genesis products manufactured in the United States. This shift in product mix coupled with increased sales volume is expected to improve margins, but we still anticipate that Satcom will end 2026 with lower revenue, gross profit and Adjusted EBITDA compared to 2025.

Satcom is generally not subject to US tariffs. See “Tariffs” below.

Tariffs

The Company continues to take proactive steps to monitor and mitigate the effect of US tariffs across all its business lines.

Wireless Infrastructure’s products are manufactured in our facility in China or third-party facilities in Vietnam. The actual margin impact of tariffs on Wireless Infrastructure has been mitigated to a level much lower than the applicable tariff due to a number of measures taken by the Company. This has allowed Wireless Infrastructure to be compliant with current tariff regime while protecting margins.

Custom Antenna Solutions is currently not directly affected by US tariffs on China. Although Custom Antenna Solutions’ products are manufactured in our facility in China or third-party facilities in Vietnam, they are shipped from there to contract manufacturers elsewhere in Asia for embedding in their final products.

Satcom’s products are manufactured in Canada, and a significant proportion (between 40% and 50% annually) is delivered to its customers in the United States. Satcom’s products are compliant with the Canada–United States–Mexico Agreement (“CUSMA”) and are therefore exempt from general tariffs applicable to non-qualifying Canadian goods. Following the initial joint review held on July 1, 2026, the United States declined to extend CUSMA for a new 16-year term in its current form, triggering annual joint reviews among the three countries. CUSMA remains in force. While the tariff treatment for qualifying Satcom products remains unchanged at this time, the ongoing annual joint reviews introduce medium-term trade policy uncertainty that could impact North American tariff structures in the future.

Since completion of the acquisition of Kaelus, the Company has been working to harmonize its tariff mitigation strategy across the Kaelus business line in order to minimize the impact of tariffs on its products shipped to US customers. Kaelus manufactures through its company-owned facility in China as well as through the use of contract manufacturers in China, Vietnam, and India. US sales represent approximately 20% of Kaelus’ total historical revenue.

KAELUS ACQUISITION – PRO FORMA FORECAST

The Company is withdrawing its financial outlook for fiscal 2026, most recently provided on August 5, 2026, including the forecast for combined revenue, gross profit, gross margin and Adjusted EBITDA. Investors should no longer rely on the August 5, 2026 financial outlook.

The August 5, 2026, financial outlook was based on management’s then-current expectations and assumptions regarding customer demand, order patterns and deployment activity across the Company’s businesses. Since that time, the timing of anticipated capital spending and network deployments by certain customers has changed, resulting in the deferral of certain expected customer orders and reduced visibility regarding the timing of future demand. As a result, management no longer believes it has a sufficient basis to support the financial outlook previously provided for fiscal 2026.

Accordingly, the Company is withdrawing its fiscal 2026 financial outlook, is not providing replacement quantitative guidance at this time. The Company will continue to provide disclosure concerning its historical financial results, business and operations and, where appropriate, other forward-looking information in accordance with applicable Canadian securities laws.

INVESTOR CONFERENCE CALL

Baylin will hold a conference call on Wednesday, November 11, 2026 at 10:00 a.m. (ET) to discuss its financial results for the three and nine months ended September 30, 2026. The conference call will be hosted by Leighton Carroll, Chief Executive Officer, and Cliff Gary, Chief Financial Officer. All interested parties are invited to participate using the dial-in details provided below.

Date:                     

November 11, 2026

Time:                     

10:00 a.m. (ET)

Dial-in Number:     

(+1) 888-699-1199 or (+1) 416-945-7677

Conference ID#:     

17616

Rapid Connect:   

To instantly join the conference call by phone, please use the following URL to easily register

and be connected into the conference call automatically: https://emportal.ink/3P7r42x

Webcast:               

This call is also on webcast and can be accessed at: https://app.webinar.net/Ka91P23nGMd

FORWARD-LOOKING INFORMATION AND STATEMENTS

This press release includes forward-looking information and forward-looking statements (together, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact. Rather, forward-looking statements are disclosure regarding the conditions, developments, events or financial performance that we expect or anticipate may or will occur in the future including, among other things, information or statements concerning our objectives and strategies to achieve those objectives, statements with respect to management’s beliefs, estimates, intentions and plans, and statements concerning anticipated future circumstances, events, expectations, operations, performance or results. Forward-looking statements can be identified generally by the use of forward-looking terminology, such as “anticipate”, “believe”, “could”, “should”, “would”, “estimate”, “expect”, “forecast”, “indicate”, “intend”, “likely”, “may”, “outlook”, “plan”, “potential”, “project”, “seek”, “target”, “trend” or “will” or the negative or other variations of these words or other comparable words or phrases and is intended to identify forward-looking statements, although not all forward-looking statements contain these words.

Forward-looking statements in this press release and the MD&A referenced herein include statements concerning the outlook for our business generally and each of our business lines in particular, including our expectation for future financial performance, the effect of the macroeconomic environment, higher interest rates, timing of and potential impacts from US tariffs, and other disruptions to our business and financial performance. Forward-looking statements are based on certain assumptions and estimates made by us in light of experience and perception of historical trends, current conditions, anticipated future developments, including projected growth in the sales of passive and active radio frequency and satellite communications products, and supporting services, and other factors that we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such assumptions and estimates will prove to be correct.

Forward-looking statements in this press release and the MD&A referenced herein include statements regarding the Company’s expected covenant compliance, available liquidity, ability to continue funding operations and meet obligations, treatment or restructuring of the Kaelus deferred purchase price, discussions with the Lender and former Kaelus shareholders, and the timing and consequences of any demand under the guarantee. These statements assume, among other things, continued Lender support, forecast operating performance and identified financing availability. Actual results may differ materially if the Company fails to satisfy future covenants, cannot obtain additional liquidity or accommodations, is required to make payments sooner than anticipated, or a former Kaelus shareholder makes demand under the guarantee.

Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including the risk factors discussed in the Company’s most recent Annual Information Form, which is available under the Company’s profile on SEDAR+ at www.sedarplus.ca. All the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors in this press release. There can be no assurance that the actual results or developments will be realized or, even if substantially realized, will have the expected consequences to, or effects on, the Company. Unless required by applicable securities law, the Company does not intend and does not assume any obligation to update any forward-looking statements.

NON-IFRS MEASURES

This press release includes a number of measures that are not recognized under International Financial Reporting Standards (“IFRS”), do not have any standardized meaning under IFRS and as such may not be comparable to similar measures presented by other companies. Management believes that these measures provide useful information to analysts, investors and other interested parties regarding the Company’s financial condition and results of operation as they provide additional key metrics of the Company’s performance. While management believes that non-IFRS measures provide useful supplemental information, they are not intended to represent, and should not be considered as alternatives to, net income (loss), cash flows generated by operating, investing or financing activities, or other financial statement data presented in accordance with IFRS. For further information, see “Non-IFRS Measures” on page 3 of the MD&A.

ABOUT BAYLIN

Baylin is a leading diversified global wireless technology company focused on cellular radio frequency products, custom antenna solutions, satellite communications products, and supporting services.

For further information, please visit www.baylintech.com.

SOURCE Baylin Technologies Inc.

Continue Reading

Technology

JOAM INNOTECH Accelerates Global Expansion with Integrated Protection PCB Technology

Published

50 minutes ago

on

November 11, 2026

By

SEOUL, South Korea, Nov. 11, 2026 /PRNewswire/ — JOAM INNOTECH Co., Ltd. (CEO Byung-hyun Lee), a Korean company specializing in electrical safety, has announced that it has developed a printed circuit board (PCB) module that combines overvoltage, overcurrent and earth-leakage protection in a single unit. The company now plans to use this technology to expand into the global electrical safety market.

JOAM INNOTECH develops and manufactures PCBs for earth-leakage circuit breakers. Drawing on its experience in mass-producing overcurrent protection PCBs, the company is focused on advancing electrical safety technology. Its latest development, an integrated protection module that combines overvoltage, instantaneous overcurrent and earth-leakage detection on a single PCB, strengthens its product competitiveness.

The new module is designed to detect abnormal conditions in the power system, such as sustained high voltage, overcurrent or earth leakage, and trigger the breaker’s trip mechanism in response. Unlike conventional protection methods that only suppress momentary voltage surges, the module has enhanced overvoltage detection that lets it respond when abnormally high voltage is supplied continuously.

Another key advantage is that the module works with existing compact earth-leakage circuit breaker designs. It was designed around standard PCB dimensions, mounting methods and trip coil connections, so manufacturers can add it without external protection devices or major mechanical redesigns. Circuit breaker and power strip manufacturers can expand protection features and set their products apart while keeping their existing product designs.

JOAM INNOTECH is taking a phased approach to development and commercialization. The company has been mass-producing and supplying overcurrent protection PCBs since late 2024, building up its manufacturing capabilities. In April 2026, it filed a Korean patent application for its overvoltage protection technology, and in May it built prototypes of the integrated protection module and ran initial performance tests. Next, the company plans to run application tests in finished products, verify reliability and set mass-production inspection standards to prepare for commercialization.

“We developed this integrated protection PCB module to add overvoltage protection while keeping the structural advantages of existing compact earth-leakage circuit breakers,” said a JOAM INNOTECH spokesperson. “We will keep advancing the technology and verifying its reliability to strengthen our competitiveness, and we aim to create new business opportunities in the global electrical safety market as well as in Korea.”

JOAM INNOTECH CO., LTD
John B. H. Lee
LBH0917@gmail.com

View original content:https://www.prnewswire.com/apac/news-releases/joam-innotech-accelerates-global-expansion-with-integrated-protection-pcb-technology-302935767.html

SOURCE JOAM INNOTECH CO., LTD

Continue Reading

Trending