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Mitsubishi Electric India Inaugurates Centre of Excellence at CGC Landran to Nurture Industry-Ready Engineering Talent

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• Centre to provide hands-on training in Factory Automation technologies and strengthen industry-academia collaboration
•  First of its kind to be established by Mitsubishi Electric in North India

MOHALI, India, Oct. 1, 2026 /PRNewswire/ — Mitsubishi Electric India Pvt. Ltd. inaugurated a Centre of Excellence (CoE) at Chandigarh Group of Colleges (CGC), Landran, Mohali, to provide engineering students with practical exposure to industrial automation technologies and strengthen industry-academia collaboration.

The CoE was inaugurated by Mr. Atsushi Takase, Managing Director, Mitsubishi Electric India along with senior representatives from Mitsubishi Electric India and CGC Landran. Parampal Singh Dhillon, Vice Chairman, CGC Landran; Dr. Rajdeep Singh, Campus Director, CGC Landran; Dr. Sukhpreet Kaur, Director Principal, CEC-CGC Landran; Dr. Vinay, HoD, ECE Department; Dr. Ashok Kumar, Director Academics, along with Directors and Deans from the institution were also present on the occasion.

Established in collaboration with the Factory Automation & Industrial Division of Mitsubishi Electric India, the Centre will enable students at CGC Landran to undertake additional learning modules on Mitsubishi Electric’s Factory Automation technologies alongside their academic curriculum.

The CoE is equipped with training systems covering Programmable Logic Controllers (PLC), Human-Machine Interfaces (HMI), Supervisory Control and Data Acquisition (SCADA), AC Servo Systems, Variable Frequency Drives (VFDs), Industrial Robotics, Collaborative Robots (COBOTs), Computer Numerical Control (CNC) and other Factory Automation and Industry 4.0 technologies. Mitsubishi Electric India will also train CGC Landran faculty members on these technologies, enabling them to further impart practical knowledge to students and support sustained, application-oriented learning at the institution.

Speaking at the inauguration, Mr. Atsushi Takase, Managing Director, Mitsubishi Electric India, said, “Technology moves fast, but it is people who turn technology into progress. At Mitsubishi Electric, we believe in nurturing talent through practical learning, curiosity and continuous improvement. This Centre of Excellence is a meaningful step in bringing industry and academia closer and giving young engineers the opportunity to learn with the technologies they may work with tomorrow. We are proud to partner with CGC Landran in building this foundation for the next generation of engineers.”

Dr. Rajdeep Singh, Campus Director, CGC Landran, said, “This Centre of Excellence brings advanced industrial technologies closer to our students and strengthens the link between academic learning and industry practice. Our collaboration with Mitsubishi Electric brings advanced Factory Automation technologies into the classroom and gives our students the opportunity to learn from industry-standard systems. This Centre of Excellence reinforces CGC Landran’s commitment to developing skilled engineers equipped for the demands of modern manufacturing.”

The Centre of Excellence is the first of its kind established by Mitsubishi Electric in North India, marking an important step in the company’s engagement with the region’s academic ecosystem. Through the initiative, the company aims to contribute to the development of industry-ready talent while creating greater awareness and understanding of Factory Automation technologies among the next generation of engineers.

The partnership also reflects the growing importance of practical, application-oriented learning as Indian manufacturing adopts automation, robotics and digital technologies. By bringing industry-standard equipment and training into an academic environment, the Centre will provide students with an opportunity to understand how automation technologies are applied to real-world manufacturing and industrial processes.

The establishment of the Centre forms part of Mitsubishi Electric India’s broader engagement with educational institutions and its efforts to support skill development in India. As industries increasingly adopt advanced manufacturing technologies, initiatives that bridge the gap between academic knowledge and practical application will play an important role in preparing engineers for evolving workplace requirements.

Through its collaboration with Mitsubishi Electric India, CGC Landran continues to advance its mission of delivering skill-focused, industry-relevant education in line with the objectives of the National Education Policy (NEP 2020). The partnership further strengthens the institution’s efforts to bridge the industry-academia gap by providing students with exposure to advanced technologies, practical learning and evolving industry requirements.

About Mitsubishi Electric India:

Guided by its corporate philosophy, Mitsubishi Electric Corporation (TOKYO: 6503) places sustainability at the core of its operations and values stakeholder trust—encompassing society, customers, shareholders and employees. In pursuing profitability, capital efficiency and growth, Mitsubishi Electric works closely alongside customers to develop value-added solutions that address today’s complex challenges while enhancing the company’s sustainable corporate value.

Founded in 1921, Mitsubishi Electric has over a century of experience in delivering reliable, high-quality products and solutions. With over 200 group companies and approximately 150,000 employees worldwide, the company is a recognized global leader in manufacturing, marketing and selling electrical and electronic equipment and systems across a broad range of sectors, including public utility systems, energy systems, defense and space systems, factory automation systems, automotive equipment, building systems, air conditioning systems & home products, digital innovations, and semiconductor & devices. Mitsubishi Electric recorded consolidated revenue of 5,894.7 billion yen (U.S.$ 36.8 billion*) in the fiscal year that ended on March 31, 2026.

Mitsubishi Electric in India has grown to become a company offering a wide range of innovative and high-quality products for the Indian market. This includes products and solutions for Air Conditioners, Factory Automation and Industrial Systems, and Semiconductors & Devices. For more information visit: http://in.MitsubishiElectric.com/en/

For more information, please visit www.MitsubishiElectric.com *JPY 160=USD 1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2026

About CGC Landran

Chandigarh Group of Colleges CGC Landran, established in 2001, is a leading higher education institution in Mohali, Punjab. Spread across over 40-acres, the campus hosts around 15,000 students from across India and offers 55+ undergraduate and postgraduate programmes in Engineering, Business Management & Commerce, Biotechnology, Pharmacy and Hotel Management. The institution has secured NAAC A+ ranking and is also recognized by NBA, NIRF, QS I-Gauge and IIC. Supported by state-of-the-art labs, 60-plus global academic alliances, a 55,000 alumni network and the Atal Community Innovation Centre (ACIC) RISE Association, backed by NITI Aayog, which has incubated close to 150 startups thus far, the institution continues to drive excellence in education, research and entrepreneurship.

 

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Solstice Advanced Materials to Announce Third Quarter 2026 Financial Results on November 4, 2026

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MORRIS PLAINS, N.J., Oct. 1, 2026 /PRNewswire/ — Solstice Advanced Materials (NASDAQ: SOLS) (“Solstice” or “the Company”) will issue its third quarter financial results before market open on November 4, 2026. The Company will also hold a conference call to discuss the results at 8:30 a.m. ET.

Presentation Materials / Webcast Details
A live webcast of the investor call as well as related presentation materials will be available on the Investor Relations section of the Company’s website, investor.solstice.com. The teleconference can be accessed by dialing 877-407-8029 (North America toll-free) or +1 201-689-8029 (international).

A replay of the webcast will be available shortly after the call concludes and will be available for 30 days following the presentation.

About Solstice Advanced Materials
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry’s most renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™ and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents and pending applications, Solstice’s approximately 4,100 employees worldwide drive innovation in materials science. For more information, visit www.solstice.com.

Contacts:

Investor Relations

Media

Mike Leithead

Phil Terrigno

(973) 370-8188

(973) 768-8868

Michael.Leithead@solstice.com 

Phil.Terrigno@solstice.com 

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SOURCE Solstice Advanced Materials US, Inc.

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Sharon AI Enters Into GPU-Backed Debt Facility, Expanding Funding Flexibility for AI Factory Deployments

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Proceeds from the facility will support the deployment of compute infrastructure dedicated to customer contracts

NEW YORK, Oct. 1, 2026 /PRNewswire/ — SharonAI Holdings Inc. (NASDAQ: SHAZ) (“Sharon AI” or the “Company”), a leading Australian Neocloud delivering trusted AI infrastructure, today announced it has entered into its inaugural US$356m committed senior secured, GPU-backed SPV debt facility priced at a fixed rate of 9.95%, excluding fees.

The facility will be secured against the GPUs and associated cash flows, with the contract-backed funding structure reflecting the security and delivery discipline underpinning Sharon AI’s platform and marks a further step towards the Company’s ambition of delivering gigawatt-scale AI compute capacity across Australia, New Zealand and the broader Asia-Pacific.

The facility includes marquee Australian, Asian and global investors including Goldman Sachs and select large private credit funds. This facility is the first in an expected series of GPU financings supporting the scheduled build out of over 68,000 NVIDIA GPUs deployed by mid-2027.

With the closing of this transaction, Sharon AI will have secured over US$2.6bn of institutional debt and equity capital over the past 10 months, extending the Company’s capital markets program and underscoring Sharon AI’s ability to access diversified sources of capital as it scales its AI infrastructure platform for a growing customer base of hyperscale, AI natives, government, enterprise, and research organizations.

“As demand for sovereign and secure, trusted AI infrastructure continues to outpace available supply globally, and particularly across Australia, New Zealand and the broader Asia-Pacific, access to scalable debt capital is an important enabler of our growth,” said James Manning, Co-founder and Chief Executive Officer of Sharon AI.

“This facility demonstrates how we expect to access debt markets to fund our GPU deployments, leveraging our book of quality customer offtake now standing at a TCV of over US$8.8bn. This is designed to enhance return on equity and ultimately drive increased long-term shareholder value. With a strong balance sheet, growing contracted capacity pipeline and a disciplined approach to capital allocation, we believe we are well positioned to continue scaling our AI platform across the Asia-Pacific region.”

Jarden Australia acted as sole financial advisor and arranger.

ENDS

About Sharon AI

Sharon AI (NASDAQ: SHAZ) is a leading Australian Neocloud delivering trusted sovereign AI infrastructure. Through its AI Factory platform and world-class ecosystem of technology and co-location partners, Sharon AI expands access to the scalable capabilities organizations need to build, train and run AI, from model training through to inference and agentic AI. Serving customers globally, Sharon AI helps organizations move faster from AI potential to measurable value. For more information, visit www.sharonai.com.

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Disclosure Information

Sharon AI primarily uses its Investor Relations page (https://sharonai.com/investors/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. The Company also notes that, at times, it discloses material non-public information through other communication mediums including, but not limited to, its X account (sharon__ai) and/or LinkedIn account (sharon-AI), press releases, and regulatory filings with the SEC, or through conference calls, webcasts, and investor days, etc. that the company may hold.

Forward-Looking Statements

This press release may contain, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are not historical facts, and which are not assurances of future performance. Forward-looking statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. In some cases, you can identify these statements by forward-looking words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “should,” “would,” “project,” “strategy,” “plan,” “expect,” “goal,” “seek,” “future,” “likely” or the negative or plural of these words or similar expressions or references to future periods. Examples of such forward-looking statements include but are not limited to express or implied statements regarding Sharon AI’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future including, without limitation, statements regarding:

Service and product offerings;The deployment of assets and expansion of network procurement;Sharon AI’s ability to engage with additional potential customers;Expansion of Sharon AI’s data center footprint and capacity;The strengthening of Sharon AI’s partner network;Additional or future GPU financings;Complete fulfillment of all customer contracts;The impact and effect of debt structures designed to enhance return on equity and to drive stockholder value; andThe Company’s position to continue scaling its AI platform across the Asia-Pacific region.

In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. You are cautioned that such statements are not guarantees of future performance and that actual results or developments may differ materially from those set forth in these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements include, among others, all of the risks described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the SEC and other reports subsequently filed with the SEC. Additional assumptions, risks and uncertainties are described in detail in our registration statements, reports and other filings with the SEC, which are available at www.sec.gov.

The forward-looking statements and other information contained in this press release are made as of the date hereof and Sharon AI does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

 

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SOURCE SharonAI Holdings Inc.

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Oak Essentials Launches Antioxidant Hand Serum

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Advanced Repair for Aging Hands, Powered by the Longevity Molecule.

SANTA MONICA, Calif., Oct. 1, 2026 /PRNewswire/ — Oak Essentials, the clean, hydrating skincare line by Jenni Kayne, launches Antioxidant Hand Serum, a targeted serum formulated for the skin that shows signs of aging first. Powered by antioxidant-rich Grapevine Stem Cells, a source of Resveratrol, also called the longevity molecule, the silky, fast-absorbing formula helps visibly reduce dark spots and soften the appearance of wrinkles while lightly hydrating for supple, youthful-looking hands.

Created with ingredients of 96% natural origin, Antioxidant Hand Serum launches Oct. 1 at $38 and joins the Jenni Kayne x Oak Essentials Hand Wash and Hand Balm in the Oak Essentials hand care collection.

“At this stage of life, caring for my hands feels just as important as anything I put on my face,” said Jenni Kayne, Founder of Oak Essentials.

Antioxidant Hand Serum absorbs quickly with no tacky residue and layers seamlessly under moisturizer or SPF, leaving hands looking visibly smoother, more even-toned and supple. It is gently scented with Oak Essentials’ Cashmere Musk, with notes of calming Lavender and warm Musk grounded by an earthy Vetiver base.

“The hands are always the tell,” said Lauren Harris, CEO of Oak Essentials. “We wanted to give them the same serious, results-driven care we bring to every face product.”

Suitable for all skin types, including sensitive skin, the formula targets dark spots, wrinkles and fine lines, dehydration, loss of elasticity, uneven texture, and mature or changing skin. Key ingredients include:

Grapevine Stem Cells: Rich in Resveratrol, help visibly reduce the appearance of dark spots and soften the look of wrinkles.Rosehip Oil: Naturally high in Vitamin A, Vitamin C and Omega fatty acids, helps replenish hydration, reinforce the skin barrier and reduce transepidermal water loss.Botanical Stem Cells: A biotech blend of Hollyhock and Lingonberry Stem Cells that helps support elasticity, visibly improve firmness and protect against daily environmental stressors, including UV exposure and pollution.Bamboo Juice: Naturally rich in silica, amino acids and trace minerals, helps deliver lightweight, lasting hydration.Lingonberry Fruit Extract: Concentrated with polyphenols and Vitamin C, helps defend the skin against oxidative stress.Pullulan: A naturally derived film former made from fermented tapioca that visibly smooths the appearance of fine lines on contact.

“Hands were the brief, but this had to be serum-grade, not a dressed-up lotion,” said Kim Price, COO and Head of Product Development at Oak Essentials. “We built around Grapevine Stem Cells because the science was genuinely compelling, then layered in Rosehip Oil and Botanical Stem Cells until we had something that delivers the way a face serum does—just for hands.”

Antioxidant Hand Serum (1.7 oz / 50 mL, $38) is available now at oakessentials.com/products/antioxidant-hand-serum.

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SOURCE Oak Essentials

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