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Tech7 Awarded Direct to Phase II SBIR to Build the Proliferated LEO Agile Testbed Environment (PLATE) for Space Development Agency (SDA)

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COLORADO SPRINGS, Colo., Oct. 19, 2026 /PRNewswire/ — The Tech7 Company, a rapidly growing innovator in the US defense and national security sector, is proud to announce the award of a Direct to Phase II Small Business Innovation Research (SBIR) contract, facilitated by SpaceWERX, to develop the Proliferated LEO Agile Testbed Environment (PLATE). Work under the award is scheduled to begin this month.

The United States Space Force’s evolution toward proliferated Low Earth Orbit (pLEO) constellations is driving an unprecedented increase in the volume, velocity, and variety of space-derived data. In the future, hundreds of distributed sensors will generate continuous, low-latency data streams that must be processed and acted upon in near real time — a paradigm that today’s stove-piped, mission-specific data pipelines were never designed to support. PLATE directly addresses that gap.

Under this award, Tech7 will prototype an AWS-based Space Development Agency (SDA) testbed at the unclassified level that can mature, test, and demonstrate applications for use within one or more SDA tranches, with a clear transition path to an objective multi-security-level system in a future SBIR Phase III. When complete, PLATE will support SDA’s Proliferated Warfighter Space Architecture (PWSA).

“This Direct to Phase II award reflects the confidence our government customers have in Tech7’s ability to move quickly from concept to fielded capability,” said Juan Echeverry, President and CEO of Tech7. “PLATE gives the Space Force a place to safely try new ideas at the speed the pLEO mission demands. PLATE will build  an environment where the best technology — from large primes, small businesses, and non-traditional innovators alike — can be evaluated on its merits and transitioned to operations without introducing operational risk.”

Tech7’s approach builds on the company’s existing on-site support to the SSC Missile Warning enterprise, including the OPIR Tools, Applications and Processing (TAP) Lab and SSC OPIR Modeling and Simulation Analysis Center (OMAC), allowing the team to leverage mature, high-TRL applications rather than starting from scratch.

“The hard problem in proliferated LEO is not collecting data — it is processing it, fusing it, trusting it, and acting on it fast enough to matter,” said Paul Zetocha, Tech7 Principal Investigator and Chief Engineer. “PLATE is designed from the ground up to be modular, zero-trust, and continuously scalable, with a deliberate path to multi-level security and coalition operations. It will enable the early evaluation and testing of technologies in order to bring optimal capabilities to orbit as quickly as possible. “

As Tech7 begins execution on PLATE, the company remains dedicated to its mission of delivering innovative solutions that empower government agencies to achieve their objectives, while maintaining its industry-leading company culture. This award marks another significant milestone in Tech7’s journey and reinforces its position as a rapidly growing leader in the defense and national security community.

About SpaceWERX

SpaceWERX, the innovation arm of the U.S. Space Force and a division of AFWERX, partners with startups, small businesses and nontraditional vendors to accelerate commercial space technologies for Guardians. Headquartered in Los Angeles, SpaceWERX connects industry innovation with defense needs to deliver capabilities faster. In partnership with Space Systems Command’s Commercial Space Office, SpaceWERX bridges innovation and acquisition to accelerate capability adoption. In fiscal year 2025, SpaceWERX awarded more than 300 contracts totaling $510 million. For more information, visit spacewerx.us.

The views expressed in this release are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of War, or the U.S. government. For more information about Tech7, please visit www.tech7.us.

Contact:
PR Contact:
David Hutchison
The Tech7 Company
Email: dhutchison@tech7.us

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SOURCE The Tech7 Company

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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