Technology

Lyntris Inc. Announces Pricing of its Initial Public Offering

Published

2 days ago

August 19, 2026

WASHINGTON, Aug. 18, 2026 /PRNewswire/ — Lyntris Inc. (“Lyntris” or the “Company”), a defense technology company delivering “sense-to-act” connectivity solutions for the modern, connected battlespace, announces the pricing of its initial public offering of 17,000,000 shares of its common stock at a public offering price of $17.50 per share. The offering consists of 5,714,286 shares of common stock being offered by Lyntris and 11,285,714 shares of common stock being offered by certain of Lyntris’s existing stockholders (the “Selling Stockholders”). Lyntris will not receive any proceeds from the sale of common stock by the Selling Stockholders. The shares of Lyntris’s common stock are expected to begin trading on the New York Stock Exchange under the ticker symbol “LYNX” on August 19, 2026, and the offering is expected to close on August 20, 2026, subject to customary closing conditions.

In addition, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,550,000 shares (solely to cover overallotments, if any) of common stock at the initial public offering price, less underwriting discounts and commissions. Lyntris will not receive any proceeds from the sale of shares by the Selling Stockholders if the underwriters exercise their option to purchase additional shares of common stock.

Lyntris currently intends to use the net proceeds it receives from this offering, together with its existing cash, cash equivalents and short-term investments, (i) to repay approximately $60.0 million outstanding under its new revolving credit facility and (ii) the remainder, if any, for general corporate purposes, including additional development efforts, working capital and operational expenses.

Evercore ISI, Citigroup and Guggenheim Securities are acting as lead book-running managers for the proposed offering. BofA Securities is also acting as a joint book-running manager for the proposed offering. Baird, Raymond James and William Blair are acting as bookrunners for the proposed offering.

A registration statement relating to the common stock was declared effective by the U.S. Securities and Exchange Commission (“SEC”) on August 18, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from: Evercore ISI, Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone: (888) 474-0200 or by email: ecm.prospectus@evercore.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone: (800) 831-9146; and Guggenheim Securities, LLC, Attention: Equity Syndicate, 330 Madison Avenue, New York, New York 10017 or by email: gsequityprospectusdelivery@guggenheimpartners.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the common stock, nor shall there be any sale of the common stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Lyntris

Lyntris is a defense technology company delivering “sense-to-act” connectivity solutions for the modern, connected battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers to detect threats earlier, decide faster and act with precision in contested, multi-domain environments.

Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking statements”. Words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. These forward-looking statements include statements regarding the anticipated use of proceeds from the offering, closing of the offering and commencement of trading of the common stock on the New York Stock Exchange. These statements are not historical facts but rather are based on the Company’s current expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved, and they are subject to risks, uncertainties and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements, including those described in the registration statement filed with the SEC. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the registration statement filed with the SEC in connection with the Company’s initial public offering. You are cautioned not to place undue reliance on these forward-looking statements.

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SOURCE Lyntris

Technology

Green Water & Power Scales Nationwide EV Charging Deployment and Clean-Energy Workforce Development

Published

16 minutes ago

August 21, 2026

Los Angeles-based company surpasses 15,000 EV chargers nationwide while investing more than $500,000 in employee training and career advancement.

LOS ANGELES, Aug. 21, 2026 /PRNewswire/ — Green Water & Power, a Los Angeles-headquartered clean-energy infrastructure company, has installed more than 15,000 EV chargers nationwide while employing more than 130 team members in Los Angeles and nationwide. The company delivers reliable EV charging infrastructure for businesses, fleets, multifamily properties, schools, nonprofits, public agencies, and communities.

Green Water & Power manages each stage of EV charging deployment, from design, engineering, permitting, procurement, and construction to commissioning, maintenance, and operations. The company has also partnered with more than 30 utility, state, and incentive programs to help customers reduce project costs and accelerate electrification.

“We are not just installing chargers; we are building the systems that make EV adoption practical at scale,” said Danny Gold, President of Green Water & Power. “Each project supports skilled jobs, training investment, local economic impact, and cleaner transportation access for drivers across the country.”

“Green Water & Power has been an exceptional turnkey partner in helping Rockdyne expand EV charging across our portfolio,” said Maureen Funk, Project Manager, Rockdyne Ent., LLC. “GWP delivered 164 Level 2 chargers across seven properties and managed the process seamlessly from design and installation through rebate processing, operations, and maintenance. Their expertise has allowed us to move faster, reduce complexity, and bring reliable charging access to our communities, and we look forward to adding more chargers across additional properties.”

Workforce development remains central to Green Water & Power’s growth. The company supports more than 130 California residents in roles spanning electricians, technicians, engineers, project managers, and support staff, and has invested more than $500,000 in company-funded professional education and development so employees can advance without out-of-pocket training costs.

That investment includes EVITP certification, Registered Service Agent training, OSHA 10 and OSHA 30, forklift certification, electrical apprenticeship sponsorships, certified electrician exam preparation, and leadership development. To date, 21 Green Water & Power employees have earned EVITP certification and 33 employees have become Registered Service Agents, strengthening the company’s ability to deliver safe, compliant, large-scale EV infrastructure.

Green Water & Power also sponsors registered electrical apprenticeships that combine paid on-the-job training with classroom instruction, helping employees advance from apprentice to journeyman to leadership while expanding the skilled labor pipeline needed for California’s clean-energy future.

About Green Water & Power
Green Water & Power (GWP) is a national turnkey provider of clean-energy infrastructure with more than a decade of renewable energy experience. The company specializes in electric vehicle charging, battery storage, and solar energy systems, managing projects from design and permitting through construction, commissioning, operations, and maintenance. GWP has installed more than 15,000 EV chargers nationwide and has a portfolio that includes more than 4 MW of solar capacity. For more information, visit www.greenwaterandpower.com.

Media Contact:
Green Water & Power
Christine Karlovic
Vice President
(213) 219-2988
media@greenwaterandpower.com

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SOURCE Green Water & Power, LLC

Technology

North Miami Police Department Deploys Mark43 to Drive Efficiency, Data-Driven Policing, and Safer Communities

Published

16 minutes ago

August 21, 2026

NEW YORK, Aug. 21, 2026 /PRNewswire/ — The North Miami Police Department (NMPD) has launched on Mark43, the leading cloud-native public safety operations platform, bringing its dispatch, records, analytics and mobile operations together on one modern, cloud-native system. Serving more than 60,000 residents across 10 square miles, the department’s 125 sworn officers and 30 professional staff are now operating on an upgraded technology platform designed to enhance efficiency, visibility, resiliency, and service to the community.

Under the leadership of Chief Cherise G. Gause, NMPD developed a Five-Year Strategic Plan that represents its collective vision and goals for a more proactive police department, anchored by a core commitment to leveraging modern technology to enhance efficiency and public safety. “This upgrade isn’t just for the Police Department; it’s for the entire City of North Miami,” shared Chief Gause. “As the City of North Miami has continued to grow and evolve over the years, so have the operational and technology needs of our Police Department. As such, it became important to transition to a more modern platform that can better support our officers, improve efficiency, and meet the expectations of a growing community. This new system now gives our officers the tools they need to work more efficiently and safely. With Mark43, we have real-time data at our fingertips, allowing us to provide the most efficient, accurate information possible to support our community.”

Bob Hughes, CEO of Mark43, shared, “Florida agencies are increasingly investing in modern public safety technology to better serve their communities, and we’re proud to help meet that demand. Chief Gause and the North Miami Police Department’s commitment to operational excellence and community safety make them an outstanding partner as they build a more efficient and resilient future.”

For agencies in South Florida, resilient technology is essential. As hurricanes and severe weather threaten local infrastructure year-over-year, agencies risk losing power and disruptions to the systems that keep their communities safe. By upgrading to a cloud-native platform, NMPD ensures its mission critical systems remain stable and connected even if on-premises environments are compromised. Built in the AWS GovCloud, Mark43 provides the highest level of resiliency, connectivity, and security to keep officers and the community safe during all conditions.

“Resiliency is always something we must consider, especially during hurricane season. Knowing that our systems will now remain operational despite any potential local disruptions is important. Mark43’s cloud-native architecture gives us a level of stability, security, and continuity that is required for our work and keeping our community safe,” shared Chief Gause.

The NMPD will utilize a number of products from Mark43’s innovative portfolio:

The interoperability of Mark43 CAD and RMS will ensure all users, from telecommunicators and investigators to command staff, share the same source of truth.Mark43 RMS streamlines and automates NMPD’s reporting workflows, reducing errors, and improving efficiency.With the automated reporting and real-time dashboards within Mark43 Insights, leaders, analysts, and investigators gain instant insights into emerging trends and resource needs.Mark43 OnScene enables NMPD to work more safely and effectively from the field.

North Miami Police Department joins surrounding agencies including Coral Gables Police Department, Miami Gardens Police Department, Bay Harbor Islands Police Department, Venice Police Department, Boynton Beach Police Department, Fort Myers Police Department, and Miami Springs Police Department on the Mark43 Public Safety Platform.

To learn more, visit www.mark43.com.

About Mark43
Mark43 brings modern technology to enhance public safety, making state, local and federal agencies faster, smarter, and their communities safer. Its integrated Records Management System, Computer-Aided Dispatch, and Data Analytics form the backbone of a unified, real-time public safety operating platform to streamline workflows, improve response times, and foster collaboration. Trusted by over 300 agencies, Mark43 increases effectiveness and efficiency amid rising demands and limited resources. By supporting first responders with innovative tools, AI technology, and a strong cybersecurity foundation, Mark43 equips public safety agencies to address the challenges of today and tomorrow. To learn more visit www.mark43.com.

About the City of North Miami
Incorporated in 1926 and currently celebrating its centennial anniversary, the City of North Miami is nestled in the northeast of Miami-Dade County and is one of the 10 largest municipalities in the county. With more than 60,000 residents, North Miami is one of the most diverse municipalities in Florida, with a rich tapestry of communities contributing traditions, languages, and cultures that shape the city’s distinctive character and spirit. The City is home to Oleta River State Park, the largest urban park in the Florida State Park system; the nationally accredited Museum of Contemporary Art (MOCA); and the Biscayne Bay Campus of Florida International University, all which exemplify the dynamic quality of life rooted in community and opportunity offered in North Miami. More information about the City can be found at www.NorthMiamiFL.gov.

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SOURCE Mark43

Technology

Blue Elephant CNC Expands Global CNC Solutions for Furniture Manufacturers

Published

16 minutes ago

August 21, 2026

Blue Elephant CNC provides global CNC solutions for furniture manufacturers and woodworking businesses.

JINAN, China, Aug. 21, 2026 /PRNewswire-PRWeb/ — Blue Elephant CNC, a China-based CNC router machine manufacturer, is expanding its global CNC solutions for furniture manufacturers and woodworking businesses seeking efficient and flexible production equipment.

With more than 16 years of experience in CNC manufacturing, Blue Elephant provides a range of CNC equipment for furniture production, including CNC furniture machines, nesting CNC machines, CNC drilling machines, edge banding machines and panel saws. These solutions are designed for applications such as cabinet, wardrobe and panel furniture production.

Blue Elephant’s CNC furniture machines support processes including panel cutting, nesting, drilling, grooving and other furniture manufacturing operations. Customized machine configurations are available based on materials, working areas, production processes and individual manufacturing requirements.

The company operates a 75,000-square-meter manufacturing facility and has sold more than 20,000 CNC machines to customers in more than 80 countries and regions. Its equipment serves furniture manufacturing, woodworking, advertising, construction and other industries.

As furniture manufacturers continue to adopt automated production technologies, Blue Elephant focuses on providing CNC equipment that can support consistent processing, flexible production and streamlined manufacturing workflows. The company also provides installation guidance, software training, maintenance support and equipment upgrades for customers worldwide.

For more information about Blue Elephant’s CNC furniture machines and manufacturing solutions, visit Blue Elephant CNC.

About Blue Elephant CNC

Blue Elephant CNC is a China-based CNC machine manufacturer specializing in CNC routers, CNC furniture machines, nesting CNC machines, CNC drilling machines, edge banding machines, panel saws and related CNC solutions. The company provides customized equipment and technical support for customers in furniture manufacturing, woodworking and other industries.

Media Contact

Jack, Blue Elephant CNC Router, 86 19106401832, manager@elephant-cnc.com, https://www.elephant-cnc.com/

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SOURCE Blue Elephant CNC Router