Technology

TERAGO Reports Second Quarter and Six Months Ended 2026 Financial Results

Published

4 hours ago

August 12, 2026

TORONTO, Aug. 12, 2026 /CNW/ — TERAGO Inc. (“TERAGO” or the “Company”) (TSX: TGO) (https://terago.ca/), Canada’s largest mmWave spectrum holder (91% of spectrum held) and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN solutions today reported financial and operating results for the second quarter and six months ended June 30, 2026. All figures reported in this release are in thousands of Canadian dollars.

“The second quarter marked another period of meaningful progress for TERAGO, driven by stronger year-to-date booking activity and continued growth in ARPA,” said Daniel Vucinic, CEO of TERAGO. “We achieved year-over-year growth in Adjusted EBITDA, increased ARPA, and generated improved booking activity, which contributed to sequential growth in Backlog MRR¹ from the first quarter. These results reflect the strength of our operating strategy and the growing demand for our services. We are encouraged by the positive momentum across the business and remain focused on delivering sustainable profitable growth.

The quarter also marked a transformative milestone for TERAGO with ISED’s recent decision establishing a clear transition path to flexible-use licensing and the 2027 mmWave spectrum auction. This represents a pivotal development for the Canadian mmWave ecosystem. As Canada’s largest mmWave spectrum holder, we believe the framework significantly enhances the strategic value and future monetization potential of our spectrum portfolio, while expanding opportunities across advanced fixed wireless, private 5G, enterprise and consumer mobility, and other next-generation connectivity applications. We believe TERAGO is uniquely positioned to capitalize on these emerging opportunities and drive long-term shareholder value.”

Selected Financial Highlights and Key Developments

Total revenue decreased for quarter and six months ended June 30, 2026 by 2.1% to $6,210 and by 2.9% to $12,382 respectively, compared to $6,344 and $12,758 for the same periods in 2025. The decrease was primarily driven by a combination of decreased bookings in 2025 and delays in installations associated with larger multi-site deployments. In addition, management continued its initiatives to optimize the customer base by discontinuing service to unprofitable accounts. The overall decrease was partially offset by revenue from new customers in the current period.Adjusted EBITDA1,2 for the quarter ended June 30, 2026 increased by 16.8% to $1,055 as compared to an Adjusted EBITDA1,2 of $903 for the same period in 2025. For the six months ended June 30, 2026, Adjusted EBITDA1,2 increased by 2.6% to $1,986 as compared to an Adjusted EBITDA1,2 of $1,935 for the same period in 2025. The increases were primarily attributable to lower operating expenses in 2026 compared to the same periods in 2025.Net loss for the quarter and six months ended June 30, 2026, was $3,823 or $(0.10) per share (basic and diluted) and $6,960 or $(0.18) per share (basic and diluted) respectively, compared to a loss of $4,256 or $(0.21) per share (basic and diluted) and $7,792 or $(0.39) per share (basic and diluted), respectively in the same period in 2025.ARPA1 for the quarter ended June 30, 2026 increased by 4.2% to $1,279 compared to $1,228 for the same period in 2025. For the six months ended June 30, 2026, ARPA1 increased by 3.0% to $1,266 compared to $1,229 for the same period in 2025. The increase in ARPA1 was a result of the Company’s ongoing focus to attract mid-market and large-scale, predominantly multi-location customers, as well as increasing wallet share with existing customers through its high-touch telecom aggregator service model. Churn1 for the quarter and six months ended June 30, 2026 increased to 1.0% compared to 0.9% for the same periods in 2025. The Company continues to review, modify and improve its customer experience practices with a focus on reducing customer churn.

Backlog MRR1 in the connectivity business decreased to $78,788 as of June 30, 2026, compared to $93,279 as of June 30, 2025. The decrease was primarily attributable to higher installation volumes, partially offset by lower booking levels experienced during fiscal 2025. Backlog MRR1 increased from March 31, 2026, reflecting improved booking activity, with bookings in 2026 trending above 2025 levels.

__________________________________

(1)

See ” Non-IFRS Measures”

(2)

See “Adjusted EBITDA” for a reconciliation of net loss to Adjusted EBITDA.

Regulatory Development

On May 14, 2026, ISED released its Policy and Licensing Framework for Spectrum in the 26 GHz and 38 GHz bands, providing regulatory clarity on the future licensing and use of mmWave spectrum in Canada. The decision established the framework and timetable for the mmWave spectrum auction that is set to take place in October 2027. 2,400 MHz in 26 GHz and 2,400 MHz in 38 GHz bands is to be auctioned subject to a cross-band spectrum cap of 1,200 MHz. The framework also enables eligible incumbent licensees to transition existing spectrum holdings to flexible-use licences. TERAGO believes the decision affirms the strategic importance of mmWave spectrum to Canada’s communications infrastructure and provides long-term certainty regarding the licensing and future use of the Company’s spectrum holdings. As the largest holder of mmWave spectrum licences in Canada, the Company expects to hold contiguous 400 MHz spectrum blocks in the lower 26 GHz band and contiguous blocks varying in the upper 38 GHz band following completion of the transition process. TERAGO believes it is well positioned to participate in the flexible-use transition framework and to capitalize on future opportunities enabled by flexible-use licensing. These opportunities include fixed, nomadic, and mobile applications such as enterprise connectivity, private 5G wireless networks, public hotspot capacity expansion and advanced fixed wireless access. The Company intends to actively participate in the transition process and expects the decision to support continued investment, innovation, and long-term growth across its spectrum portfolio and network platform.

RESULTS OF OPERATIONS

Comparison of the quarter and six months ended June 30, 2026 and 2025
(In thousands of dollars, except with respect to gross profit margin1, earnings per share1, backlog MRR1, churn rate,1 and ARPA1)

(in thousands of dollars, unaudited)

Quarter ended June 30

Six months ended June 30

2026

2025

% Chg

2026

2025

% Chg

Financial

Total Revenue

6,210

6,344

(2.1)

12,382

12,758

(2.9)

Cost of Services1

1,681

1,663

1.1

3,323

3,335

(0.4)

Gross Profit Margin1

72.9 %

73.8 %

(1.2)

73.2 %

73.9 %

(0.9)

Salaries and Related Costs1

2,330

2,508

(7.1)

4,745

5,232

(9.3)

Other Operating Expenses1

1,144

1,270

(9.8)

2,328

2,256

3.2

Adjusted EBITDA1,2

1,055

903

16.8

1,986

1,935

2.6

Net Loss

(3,823)

(4,256)

(10.2)

(6,960)

(7,792)

(10.7)

Basic & diluted loss per share

(0.10)

(0.21)

(53.3)

(0.18)

(0.39)

(54.3)

Quarter ended June 30

Six months ended June 30

2026

2025

Chg

2026

2025

Chg

Operating

Backlog MRR1

Connectivity

78,788

93,279

(14,491)

78,788

93,279

(14,491)

Churn Rate1

Connectivity

1.0 %

0.9 %

0.1 %

1.0 %

0.9 %

0.1 %

ARPA1

Connectivity

1,279

1,228

4.2 %

1,266

1,229

3.0 %

Conference Call

Management will host a conference call on Thursday, August 13, 2026, at 10:00 AM ET to discuss these results.

To access the conference call, please dial 888-506-0062 or 973-528-0011 and use conference ID 411519 if applicable. Please call the conference telephone number 15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through.

An archived recording of the conference call will be available through Thursday, August 27, 2026. To listen to the recording, call 877-481-4010 or 919-882-2331 and enter passcode 54348# if applicable.

A reconciliation of net loss to Adjusted EBITDA1 is found below and in the MD&A for the quarter and six months ended June 30, 2026. Adjusted EBITDA1 does not have any standardized meaning under IFRS/GAAP. TERAGO’s method of calculating Adjusted EBITDA1 may differ from other issuers and accordingly, Adjusted EBITDA1 may not be comparable to similar measures presented by other issuers. The table below reconciles net loss to Adjusted EBITDA1 for the quarter and six months ended June 30 2026 and 2025.

__________________________________

(1)

See ” Non-IFRS Measures”

(2)

See “Adjusted EBITDA” for a reconciliation of net loss to Adjusted EBITDA.

(in thousands of dollars, unaudited)

Quarter ended June 30

Six months ended June 30

2026

2025

2026

2025

Adjusted EBITDA1

1,055

903

1,986

1,935

Deduct:

Depreciation of network assets, property and equipment

and amortization of intangible assets

2,173

2,305

4,355

4,647

Stock-based compensation expense, net

427

251

331

479

Restructuring and other costs

196

267

196

332

Loss from operations

(1,741)

(1,920)

(2,896)

(3,523)

Add/deduct:

Foreign exchange loss (gain)

(20)

(29)

Finance costs

2,142

2,372

4,194

4,336

Finance income

(67)

(16)

(139)

(38)

Net loss for the period

(3,823)

(4,256)

(6,960)

(7,792)

(1) Non-IFRS Measures

This press release contains references to “Cost of Services”, “Gross Profit Margin”, Salaries and Related Costs”, “Other Operating Expenses”, “Adjusted EBITDA”, “Backlog MRR”, “Churn” and “ARPA” which are not measures prescribed by International Financial Reporting Standards (IFRS).

Cost of Services consists of expenses related to delivering service to customers and servicing the operations of our networks. These expenses include costs for the lease of intercity facilities to connect our cities, internet transit and peering costs paid to other carriers, network real estate lease expense, spectrum lease expenses, salaries and related costs of staff directly associated with the cost of services.

Gross Profit Margin % consists of gross profit margin divided by revenue where gross profit margin is revenue less cost of services.

Salaries and related costs includes regular payroll related expenses, commissions and consulting fees. All share based compensation, restructuring and other related costs are excluded from salaries and related costs.

Other operating expenses includes sales commission expense, advertising and marketing expenses, travel expenses and administrative expenses including insurance and professional fees, communication expenses, maintenance expenses and rent expenses for office facilities. All restructuring and other related costs are excluded from other operating expenses.

Adjusted EBITDA – The Company believes that Adjusted EBITDA is useful additional information to management, the Board and investors as it provides an indication of the operational results generated by its business activities prior to taking into consideration how those activities are financed and taxed and also prior to taking into consideration asset depreciation and amortization and it excludes items that could affect the comparability of our operational results and could potentially alter the trends analysis in business performance. Excluding these items does not necessarily imply they are non-recurring, infrequent or unusual. Adjusted EBITDA is also used by some investors and analysts for the purpose of valuing a company. The Company calculates Adjusted EBITDA as earnings before deducting interest, taxes, depreciation and amortization, foreign exchange gain or loss, finance costs, finance income, gain or loss on disposal of network assets, property and equipment, impairment of property, plant & equipment and intangible assets, stock-based compensation which includes equity settled deferred share unit expense and restructuring costs. Investors are cautioned that Adjusted EBITDA should not be construed as an alternative to operating earnings (losses), or net earnings (losses) determined in accordance with IFRS as an indicator of our financial performance or as a measure of our liquidity and cash flows. Adjusted EBITDA does not take into account the impact of working capital changes, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed in the consolidated statements of cash flows.

Backlog MRR – The term “Backlog MRR” is a measure of contracted monthly recurring revenue (MRR) from customers that have not yet been provisioned. The Company believes backlog MRR is useful additional information as it provides an indication of future revenue. Backlog MRR is not a recognized measure under IFRS and may not translate into future revenue, and accordingly, investors are cautioned in using it. The Company calculates backlog MRR by summing the MRR of new customer contracts and upgrades that are signed but not yet provisioned, as at the end of the period. TERAGO’s method of calculating backlog MRR may differ from other issuers and, accordingly, backlog MRR may not be comparable to similar measures presented by other issuers.

__________________________________

(1)

See ” Non-IFRS Measures”

(2)

See “Adjusted EBITDA” for a reconciliation of net loss to Adjusted EBITDA.

ARPA – The term “ARPA” refers to the Company’s average revenue per account per month in the period. The Company believes that ARPA is useful supplemental information as it provides an indication of our revenue from an individual customer on a per month basis. ARPA is not a recognized measure under IFRS and, accordingly, investors are cautioned that ARPA should not be construed as an alternative to revenue determined in accordance with IFRS as an indicator of our financial performance. The Company calculates ARPA by dividing our total revenue before revenue from early terminations by the number of customers in service during the period and we express ARPA as a rate per month. TERAGO’s method of calculating ARPA has changed from the Company’s past disclosures to exclude revenue from early termination fees, where ARPA was previously calculated as revenue divided by the number of customers in service during the period. TERAGO’s method may differ from other issuers, and accordingly, ARPA may not be comparable to similar measures presented by other issuers.

Churn – The term “churn” or “churn rate” is a measure, expressed as a percentage, of customer cancellations in a particular month. The Company calculates churn by dividing the number of customer cancellations during a month by the total number of customers at the end of the month before cancellations. The information is presented as the average monthly churn rate during the period. The Company believes that the churn rate is useful supplemental information as it provides an indication of future revenue decline and is a measure of how well the business is able to renew and keep existing customers on their existing service offerings. Churn and churn rate are not recognized measures under IFRS and, accordingly, investors are cautioned in using it. TERAGO’s method of calculating churn and churn rate may differ from other issuers and, accordingly, churn may not be comparable to similar measures presented by other issuers.

About TERAGO
TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TERAGO serves Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999. For more information about TERAGO and its suite of wireless internet and SD-WAN solutions, please visit www.terago.ca.

Forward-Looking Statements
This news release includes certain forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond TERAGO’s control. Forward-looking statements may include but are not limited to statements regarding, the increasing importance of the mmWave spectrum, the progress of the ISED mmWave consultation, and having sufficient capital to support its growth strategy, consistently executing across all fronts of the business, success in providing Canadian enterprises with managed services and the 5G fixed wireless trials being conducted by the Company. All such statements constitute “forward-looking information” as defined under, applicable Canadian securities laws. Any statements contained herein that are not statements of historical facts constitute forward-looking information. The forward-looking statements reflect the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those risks set forth in the “Risk Factors” section in the Annual Information Form for the year ended December 31, 2025 available on www.sedarplus.ca and under the Company’s corporate profile. Factors that could cause actual results or events to differ materially include the inability to consistently achieve sales growth across all lines of TERAGO’s business including managed services, inability to complete successful 5G technical trials, the results of the 5G trials not being satisfactory to TERAGO or any of its technology partners, regulatory requirements may delay or inhibit the trial, the economic viability of any potential services that may result from the trial, the ability for TERAGO to further finance and support any new market opportunities that may present itself, delays with the ISED mmWave spectrum consultation, and industry competitors who may have superior technology or are quicker to take advantage of 5G technology. Accordingly, readers should not place undue reliance on forward-looking statements as several factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed with the forward-looking statements. Except as may be required by applicable Canadian securities laws, TERAGO does not intend, and disclaims any obligation, to update or revise any forward-looking statements whether in words, oral or written as a result of new information, future events or otherwise.

_____________________

(1)

See ” Non-IFRS Measures”

SOURCE TeraGo Inc.

Technology

Collaborative Shared Technologies LLC® and Asha Aziza Peterson Unveil KnowledgeRoots™ Enterprise Intelligence Architecture™ Executive Guide and Companion Workbook, Launching Together November 3, 2026

Published

5 minutes ago

August 13, 2026

New executive publications introduce Knowledge Debt™ and Enterprise Intelligence™ to help organizations build intelligent, future-ready enterprises

UPPER MARLBORO, Md., Aug. 12, 2026 /PRNewswire/ — Collaborative Shared Technologies LLC® today announced the simultaneous November 3, 2026 publication of KnowledgeRoots™ Enterprise Intelligence Architecture™: The Executive Guide to Building Intelligent Organizations and the KnowledgeRoots™ Enterprise Intelligence Architecture™ Executive Companion Workbook, while unveiling the official covers of both publications.

Launching together on November 3, 2026, the Executive Guide and Executive Companion Workbook represent the first major publications within the broader KnowledgeRoots™ Executive Series, a growing body of thought leadership, intellectual property, and executive learning resources focused on helping organizations reduce Knowledge Debt™ and build Enterprise Intelligence™.

Created by Asha Aziza Peterson, Founder and Chief Executive Officer of Collaborative Shared Technologies LLC®, the publications address a growing challenge facing organizations across every sector: the inability to consistently transform information into trusted knowledge, organizational learning, informed decision-making, and sustainable performance.

Introducing Knowledge Debt™

At the center of the book is a concept Peterson calls Knowledge Debt™.

Knowledge Debt™ represents the accumulated organizational liability created when critical knowledge is not intentionally captured, governed, preserved, maintained, transferred, and made available for reuse.

Over time, Knowledge Debt™ can manifest through:

Repeated workKnowledge lossWorkforce disruptionInformation silosDelayed decision-makingInstitutional memory lossIncreased operational riskReduced organizational effectiveness

According to Peterson, many organizations unknowingly accumulate Knowledge Debt™ while focusing primarily on technology investments without strengthening the knowledge foundations required to support them.

From Knowledge Management to Enterprise Intelligence™

The book introduces Enterprise Intelligence™ as a strategic capability that extends beyond traditional Knowledge Management, governance, learning, data, technology, and artificial intelligence initiatives.

Enterprise Intelligence™ is defined as the organizational capability to transform trusted knowledge into informed decisions, coordinated action, continuous learning, resilience, and sustained organizational performance.

“Organizations do not have an information shortage. They have an integration problem. Knowledge, governance, people, processes, technology, learning, data, and artificial intelligence are deeply interconnected, yet organizations frequently attempt to improve them through disconnected initiatives. Enterprise Intelligence™ begins when those capabilities start working as an ecosystem.”

— Asha Aziza Peterson, Founder & CEO, Collaborative Shared Technologies LLC®

The KnowledgeRoots™ Executive Equation

The book introduces what Peterson describes as the KnowledgeRoots™ Executive Equation:

Knowledge Debt™ is the Problem.

Enterprise Intelligence™ is the Strategic Capability.

KnowledgeRoots™ Enterprise Intelligence Architecture™ is the Blueprint.

KnowledgeRoots™ Enterprise Maturity Framework™ is the Measurement System.

Intelligent Organizations are the Outcome.

According to Peterson, organizations that successfully connect these elements will be better positioned to adapt, learn, innovate, and compete in an increasingly knowledge-intensive and AI-enabled world.

Introducing KnowledgeRoots™ Enterprise Intelligence Architecture™

The KnowledgeRoots™ Enterprise Intelligence Architecture™ provides an executive-level blueprint for connecting organizational capabilities that are often managed independently.

Rather than treating knowledge, governance, people, culture, processes, technology, learning, data, and artificial intelligence as separate initiatives, the architecture positions them as components of an interconnected enterprise intelligence ecosystem.

The objective is not simply to create more information, implement more tools, or deploy more technology.

The objective is to create organizational conditions through which trusted knowledge becomes intelligence, and intelligence drives meaningful action and measurable impact.

Beyond Knowledge Management. Beyond Artificial Intelligence.

Artificial intelligence is accelerating the urgency of this challenge.

Organizations increasingly seek AI capabilities that can automate work, support decisions, improve productivity, and augment human performance.

However, fragmented, outdated, inaccessible, poorly governed, or unreliable knowledge limits the value organizations can realize from increasingly sophisticated AI technologies.

The KnowledgeRoots™ approach therefore positions organizational knowledge as a strategic foundation for intelligent operations.

Its central proposition is straightforward:

Knowledge is an Asset.

Knowledge Debt™ is a Liability.

Enterprise Intelligence™ is the Advantage.

Executive Guide + Executive Companion Workbook

Alongside the official cover reveal, Collaborative Shared Technologies LLC® is unveiling the KnowledgeRoots™ Enterprise Intelligence Architecture™ Executive Companion Workbook, which will launch simultaneously with the Executive Guide on November 3, 2026.

The two publications serve complementary purposes.

The Executive Guide introduces Knowledge Debt™, Enterprise Intelligence™, and the conceptual foundations of the KnowledgeRoots™ Enterprise Intelligence Architecture™.

The Executive Companion Workbook extends the learning experience by helping readers evaluate, reflect upon, and apply those concepts within their own organizational environments.

Together, the two publications establish the first product family within the broader KnowledgeRoots™ Executive Series and provide complementary executive resources for understanding and applying the KnowledgeRoots™ Enterprise Intelligence Architecture™.

Growing Industry Recognition

Interest in Peterson’s work is expanding through published media coverage, invitations for executive and podcast interviews, growing professional engagement around Knowledge Debt™, the launch of the KnowledgeRoots™ Community, and thought leadership published across digital platforms. These activities are advancing conversations focused on:

Knowledge ManagementEnterprise Intelligence™Organizational LearningAI ReadinessInformation GovernanceDigital TransformationFuture-of-Work Strategies

As organizations seek practical approaches for navigating AI adoption, knowledge fragmentation, and organizational complexity, interest in Knowledge Debt™ and Enterprise Intelligence™ is continuing to grow ahead of the November 3 launch.

Building the KnowledgeRoots™ Ecosystem

KnowledgeRoots™ is being developed as more than a publishing initiative.

The broader ecosystem includes:

KnowledgeRoots™ Enterprise Intelligence Architecture™KnowledgeRoots™ Enterprise Maturity Framework™Knowledge Debt™Enterprise Intelligence™KnowledgeRoots™ Executive SeriesExecutive workbooksAssessmentsProfessional learning resourcesAdvisory servicesCommunity engagement initiativesFuture certification and training opportunities

The recently launched KnowledgeRoots™ Community further extends this mission by providing a collaborative environment for executives, practitioners, consultants, and organizational leaders interested in Enterprise Intelligence™, Knowledge Management, AI readiness, governance, and organizational learning.

About the Author

Asha Aziza Peterson is the Founder and Chief Executive Officer of Collaborative Shared Technologies LLC®, a Service-Disabled Veteran-Owned Small Business (SDVOSB) and Woman-Owned Small Business (WOSB).

A retired United States Air Force veteran with more than two decades of federal government experience, Peterson is a Knowledge Management professional, executive author, speaker, consultant, and creator of the KnowledgeRoots™ intellectual property ecosystem.

“I believe the organizations that thrive in the future will not necessarily be those with the most technology. They will be the organizations that learn the fastest, preserve knowledge most effectively, and consistently transform knowledge into better decisions. That belief ultimately led to the creation of KnowledgeRoots™, Knowledge Debt™, and Enterprise Intelligence™.”

— Asha Aziza Peterson

Publication Information — Simultaneous Launch

Executive Guide:
KnowledgeRoots™ Enterprise Intelligence Architecture™: The Executive Guide to Building Intelligent Organizations

Executive Companion Workbook:
KnowledgeRoots™ Enterprise Intelligence Architecture™ Executive Companion Workbook

Author: Asha Aziza Peterson

Series: KnowledgeRoots™ Executive Series

Simultaneous Publication Date: November 3, 2026

Publisher: Collaborative Shared Technologies LLC®

Join the KnowledgeRoots™ Early Access List

Executives, Knowledge Management professionals, AI leaders, consultants, organizational development practitioners, and digital transformation leaders can join the KnowledgeRoots™ Early Access List to receive exclusive pre-launch updates, KnowledgeRoots™ thought leadership, publication news, and information leading up to the simultaneous November 3, 2026 release of the Executive Guide and Executive Companion Workbook.

Join the KnowledgeRoots™ Early Access List:
Join the KnowledgeRoots™ Community

About Collaborative Shared Technologies LLC®

Collaborative Shared Technologies LLC® helps organizations strengthen Knowledge Management, Information Governance, Organizational Learning, Process Excellence, AI Enablement, Enterprise Platforms, Data & Analytics, and Digital Transformation.

Through consulting services, intellectual property development, executive thought leadership, and innovative methodologies, the company helps organizations reduce Knowledge Debt™ and build Enterprise Intelligence™.

Websites

Federal Website Newsroom
https://collaborativesharedtech.net/newsroom

Commercial Website Newsroom
https://collaborativesharedtechnologies.com/newsroom

KnowledgeRoots™:
www.collaborativesharedtechnologies.com/knowledgeroots

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SOURCE Collaborative Shared Technologies, LLC

Technology

Agentic AI Foundation Welcomes 57 New Members, Gaining Major Financial Services Players and APAC Leaders

Published

5 minutes ago

August 13, 2026

Alibaba, Visa, and Wells Fargo join as Gold Members as demand for open agentic AI infrastructure accelerates globally

Summary

The Agentic AI Foundation (AAIF) grows to 247 member organizations with the addition of 57 new members over the past three months across Gold, Silver and Associate tiers.New members include leading financial institutions, enterprise software companies, research organizations, and APAC technology leaders, reflecting rising global demand for open agentic AI standards.Momentum builds across the Asia-Pacific region with MCP Dev Summit Seoul followed by AGNTCon + MCPCon Japan and China this September, bringing organizations together to advance interoperable, open source agentic AI infrastructure.

SEOUL, South Korea, Aug. 12, 2026 /PRNewswire/ — MCP Dev Summit Seoul — The Agentic AI Foundation (AAIF), the neutral home where the open standard agentic AI stack is being built, today announced 57 new member organizations over the past quarter. The influx – comprising 3 Gold, 33 Silver, and 21 Associate Members – brings total foundation membership to 247 organizations worldwide.

The AAIF’s recently released Agentic AI Momentum Report, which tracks 116 open source projects across five layers of the agentic AI stack, shows that open source agentic AI has evolved into a mature, densely connected ecosystem. Continuous participation from new members – including financial institutions, enterprise platforms, and international leaders – reinforces the demand for robust, secure, and interoperable agentic AI infrastructure as organizations standardize how agents interact, especially across compliance-critical domains like payments, banking, and supply chain management.

“Top financial institutions like Visa and Wells Fargo, alongside major APAC technology leaders like Alibaba, recognize that building agents at scale requires neutral infrastructure they can depend on,” said Mazin Gilbert, Executive Director of the Agentic AI Foundation. “By bringing these organizations together under a neutral foundation and creating opportunities to collaborate at events like MCP Dev Summit Seoul, we’re helping build the open standards that will enable the Internet of Agents.”

At MCP Dev Summit Seoul, the AAIF is highlighting rapid developer and enterprise momentum across the Asia-Pacific region. In addition to new Gold Member Alibaba, participation from prominent regional leaders including NHN KCP, Coocon, Galaxia Moneytree, and South Korea’s Electronics and Telecommunications Research Institute (ETRI), reinforces APAC’s influential role in advancing open, interoperable standards for agentic AI.

New Gold Members

The following organizations have recently joined the AAIF as Gold Members:

Alibaba Group is a global technology pioneer fueling AI innovation at scale. Through Alibaba Cloud and its advanced AI research, the company delivers industry-leading infrastructure, open-source models, and enterprise services to empower developers and businesses worldwide.Visa is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Its mission is to connect the world through an innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.Wells Fargo & Company: is a leading financial services company with approximately $2.3 trillion in assets. The company provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.

New Silver Members include Action State Group, AgentCat, Asana, AuthPlane, Boomi, Bread Financial, Buoyant, Causely, CData Software, Coder, Coocon, Datavant, FusionAuth, Galaxia Moneytree, Gierd, Guild.ai, iTmethods, MathWorks, NHN KCP, NexaScience, OPAQUE Systems, Postman, Pulumi, Sapiom, SerpApi, Silver Lake, Speakeasy, Tigera, Traefik Labs, warblecloud, WebPros International GmbH, Xerg, and Zafin Labs Americas.

New Associate Members include Astron SkillHub, Cable Television Laboratories, Center for Democracy & Technology, Commerce Operations Foundation, Concordia University, Electronics and Telecommunications Research Institute, Georgia Tech Applied Research Corporation, Lancaster University, L’Autre Intelligence & Nous, MR Kloud Foundation, Queen Arwa University, Sage Bionetworks, Soundboard, Stanford University, Technology For Development Nepal, THE GEOSTRATA, The European Organization for Nuclear Research (CERN), The Mifos Initiative, The VettID Project, and UnGovr.

By joining the AAIF, new members gain access to a global ecosystem where they can directly shape emerging standards, collaborate on open source innovation, and help meet growing demand for interoperable, standardized agentic infrastructure. For information on becoming a member, visit our website.

New and existing AAIF members will gather in Seoul at MCP Dev Summit from August 13-14. View the agenda and register to attend here.

Supporting Quotes

“In the AI era, open collaboration is essential to ensure that the benefits of advanced AI are affordable and accessible to everyone. Alibaba is proud to join AAIF to help build a more equitable AI ecosystem. We are committed to contributing our expertise in large-scale AI systems, open-source models, and cloud computing to make powerful AI capabilities available to developers and enterprises of all sizes, across all regions.”
– Zeming Wu, Group Chief Technology Officer, Alibaba Group

“Building a foundation of trust, interoperability, and collaboration is essential to the continued growth of agentic commerce,” said Rubail Birwadker, SVP & Global Head of Growth Products & Partnerships at Visa. “As AI agents play a bigger role in commerce, the industry needs to create infrastructure that makes these experiences scalable. Visa is proud to join the Agentic AI Foundation and help build a trusted, open ecosystem for agentic commerce.”
– Rubail Birwadker, Global Head of Growth, Visa

“Wells Fargo is pleased to join the Agentic AI Foundation and collaborate with industry leaders to advance the responsible development of agentic AI. We believe open collaboration and interoperability are essential to unlocking the technology’s potential while maintaining strong governance, transparency, and accountability. As agentic AI evolves, we look forward to sharing our experience, contributing to industry standards, and helping shape practical approaches that drive innovation while supporting trust and responsible adoption.”
– Chintan Mehta, CIO and Head of Digital Technology & Innovation, Wells Fargo

About the Agentic AI Foundation
The Agentic AI Foundation (AAIF) is the neutral home where the open standard agentic AI stack is being built. With founding projects including MCP, goose, AGENTS.md, and agentgateway, AAIF governs the core standards and protocols that enable agents to operate interoperably across platforms. Through transparent governance and broad industry participation, AAIF is driving adoption and ensuring agentic AI infrastructure evolves openly, predictably, and at production scale. For more information, please visit aaif.io.

Media Contact
Sarah Zonouzi
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Technology

A-ROSA anniversary brochure launches with new look

Published

5 minutes ago

August 13, 2026

“Cruise Your Way” in the 2027 season | New itineraries on the Rhine & Danube

ROSTOCK, Germany, Aug. 13, 2026 /PRNewswire/ — A-ROSA River Cruises has released the brochure for its 2027 anniversary season. Headed under the company’s new claim, “Cruise Your Way”, the digital brochure presents the 2027 river cruise programme, including 20 new itineraries on the Rhine and Danube, in a refreshed design. Developed specifically for international markets, it serves as both a product guide and a sales tool for travel partners.

Additionally, the brochure starts off a new chapter of the A-ROSA brand presence. To mark its 25th anniversary, the company is positioning itself stronger than ever as a modern premium river cruise brand, emphasising individuality and guest choice. Under the claim “Cruise Your Way”, A-ROSA intends to stand for ultimate freedom and flexibility. The new brand identity reflects this ambition, presenting itself in a clear, inspiring and emotive look with a focus on personalised experiences, contemporary comfort and international appeal, whilst maintaining the trusted strengths that have defined A-ROSA for 25 years.

In line with this, A-ROSA is continuing to develop its portfolio throughout the anniversary year 2027, offering a diverse range of itineraries. A total of 20 new cruises on the Rhine and Danube guarantee greater variety and allow for more in-depth visits to the ports of call. A particular highlight is A-ROSA SENA sailing southwards on the Rhine for the first time ever. With Vienna and Duisburg, A-ROSA also offers guests new ports of departure with excellent infrastructure. Thanks to their central locations, these berths are easily accessible by all means of transport, whether by plane, train or car. The operator is also strengthening the quality of the onboard experience through its popular “Premium All Inclusive” fare, with add-on services such as the Drinks Package Plus underlining the importance of indulgence and personal choice.

The digital brochure has been designed to support individual guests and travel partners alike with interactive features including clickable itineraries, embedded links and videos. It is available in a consumer edition or a trade edition featuring dedicated contact information and sales resources for travel professionals. The new A-ROSA brochure “European River Cruises 2027” is accessible in digital format and available for download on the website at www.arosa-cruises.com/catalogue.

About A-ROSA

A-ROSA is the creator of cruises with a difference that take in cities, towns and countryside along Europe’s most beautiful rivers: Danube, Douro, Rhine/Main/Moselle, Rhône/Saône and Seine. The current fleet is made up of 15 ships, all of which combine the amenities of a hotel with the benefits of a cruise. On board, Premium All-Inclusive fare guests can enjoy varied buffets, a choice of high-quality drinks and access to the SPA-ROSA, which features a sauna, massage room and gym. The ships dock in central locations, close to the heart of European metropolises, renowned historical sites and famous cultural and natural attractions – providing unforgettable experiences. To ensure that the cruise is a hit with the whole family, there are generously sized cabins, a Kids Club and heated outdoor pools, as well as a programme to suit every guest’s needs. The company’s flagship is innovative A-ROSA SENA with a hybrid propulsion system and battery storage. A-ROSA is headquartered in Rostock/Germany.

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SOURCE A-ROSA River Cruises