MOVIN TRACIN reaches KRW 1 billion in global revenue within a year of launch, with expansion into robotics, live entertainment, sports and rehabilitationMOVIN extends its technology from ultra-light devices to large-space, multi-person environments and plans to build a 330㎡ R&D center

SEOUL, South Korea, Nov. 9, 2026 /PRNewswire/ — NAVER D2SF-backed MOVIN, a LiDAR-based 3D motion data AI company led by CEO Byeoli Choi, has raised KRW 10 billion in a Series A round. The round was led by IMM Investment, with participation from Industrial Bank of Korea (IBK) and Voyager Ventures. Existing investors Atinum Investment, NAVER D2SF, and Schmidt also made follow-on investments. This marks NAVER D2SF’s third consecutive investment in MOVIN, following its seed investment in 2023 and the pre-Series A round in 2025. With the new funding, MOVIN plans to grow its motion capture business and build an R&D center of approximately 330 square meters to strengthen its technology development in physical AI.

Founded in 2023, MOVIN develops technology that converts human movement into precise 3D data. Its flagship solution, MOVIN TRACIN, combines LiDAR sensors and camera vision with the company’s proprietary AI to capture movement in real time without suits or markers, replacing the complex setup and reducing the cost associated with conventional motion capture equipment. Building on this, MOVIN has secured global customers primarily in content production, including games, film, and virtual creators. Within a year of the product’s commercial launch, overseas sales accounted for 70% of total revenue, reflecting growing demand in international markets.

Building on its core technology, MOVIN is developing industry-specific solutions to address evolving market needs. Global robotics companies and research institutes such as Boston Dynamics and the RAI Institute have used MOVIN’s technology for robot teleoperation and training, and MOVIN TRACIN Lite, is being used by partners to collect human motion data for robot learning.  MOVIN was also selected as the only South Korean Launching Adoption Partner for NVIDIA SOMA, integrating its technology to support robot learning with real-world human motion data. In live entertainment, MOVIN unveiled MOVIN TRACIN Stage, which tracks the movements of multiple performers simultaneously, at the 2026 NAB Show in the U.S. this April, where it also demonstrated integrations with Disguise and Notch. Based on these use cases, MOVIN plans to expand into live interactive content and shows, as well as sports, rehabilitation, and other industries that utilize human movement as data.

MOVIN, which raised a KRW 4 billion pre-Series A round last year, plans to use the new funding to advance its technology and grow its global business. Starting with MOVIN TRACIN, its single-person markerless motion capture solution, the company plans to extend its technology into on-device multimodal AI-based motion data infrastructure that supports everything from ultra-light devices to large-space, multi-person environments.

MOVIN is also expanding its R&D infrastructure. The planned R&D center will focus on collecting real-world multimodal datasets for world-model development and advancing MOVIN’s AI and motion data processing technologies.

“AI is moving beyond understanding text and images toward understanding and learning from movement in the real world,” said Byeoli Choi, CEO of MOVIN. “Having seen the potential of our accessible motion capture technology in the global market, we will continue growing our content and entertainment business while building the motion data infrastructure the physical AI era needs.”

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SOURCE NAVER D2SF

New 12-month sponsorship will cover grocery costs for the children’s residential foster home, supporting nutritious meals for children and young people in need of protection in the Cayman Islands.

GEORGE TOWN, Cayman Islands, Nov. 9, 2026 /PRNewswire/ — Eightpoint today announced a new 12-month sponsorship agreement with the National Children’s Voluntary Organisation (NCVO), committing to cover grocery costs for the Nadine Andreas Residential Foster Home beginning November 1, 2026.

The sponsorship will provide consistent support for one of the home’s essential day-to-day needs, helping ensure that children and young people in its care have access to nutritious meals throughout the year.

The Nadine Andreas Residential Foster Home provides 24-hour residential care for up to 10 children and young people aged 5 to 18 who are in need of protection. The children are placed in its care by the Department of Children and Family Services (DCFS). Beyond providing a safe place to live, the home offers a stable, nurturing and family-oriented environment where children can build healthy relationships, develop confidence and receive the support they need to thrive.

“Every child deserves a safe, supportive environment where their everyday needs are met,” said Thomas Redford, Eightpoint President. “The NCVO plays an important role in caring for children in our community, and we’re pleased to support that work in a practical way. By covering the foster home’s grocery costs for the next year, we hope to help provide consistency in one of its most essential daily needs.”

Eightpoint Technologies has operated within Cayman Enterprise City since 2018 and is based at Signal House in George Town, where its leadership and commercial operations are located. The company continues to strengthen its presence in the Cayman Islands through long-term investment in its local operations and initiatives that create meaningful community impact.

“At NCVO, we believe that every child deserves to feel safe, supported and cared for, and something as fundamental as a nutritious meal plays an important part in that. We are deeply grateful to Eightpoint for their generosity in supporting food supplies at the Nadine Andreas Residential Foster Home. Their contribution means that we can continue to provide the children and young people in our care with healthy, nourishing meals, while helping to create a home where they feel valued and supported.

“Eightpoint is helping the NCVO to provide a sense of security and belonging, and we cannot thank them enough for investing in our children, their wellbeing and their future,” said Katie Edwards of the National Children’s Voluntary Organisation (NCVO).

For Eightpoint, the sponsorship reflects the company’s commitment to supporting local organisations through practical contributions that address essential needs within the community.

“Meaningful community support starts with understanding where we can make a difference,” said Deniz Gezgin, Eightpoint CEO. “The NCVO provides important care and support for children in the Cayman Islands, and we’re pleased to contribute to that work. Covering grocery costs is a straightforward commitment, but one that we hope will provide valuable support to the organisation and the children who depend on its services.”

The sponsorship will begin November 1, 2026, and continue for 12 months, reflecting Eightpoint’s ongoing commitment to supporting organisations that provide essential services to the Cayman Islands community.

About Eightpoint Technologies Ltd. SEZC

Eightpoint Technologies Ltd. SEZC is a special economic zone company based at Signal House in George Town, Grand Cayman, where it has operated within Cayman Enterprise City since 2018. It builds and commercialises user-first digital products across desktop and mobile interfaces. Eightpoint Technologies is one of a group of sister companies, each a separate legal entity. Learn more at https://eightpoint.io.

About the National Children’s Voluntary Organisation

The National Children’s Voluntary Organisation (NCVO) is a Cayman Islands-based non-profit organisation dedicated to the care, education and wellbeing of children and families in need of support.

Its programmes include the Nadine Andreas Residential Foster Home, which provides 24-hour care for children and young people in need of protection; Miss Nadine’s Preschool & Nursery, which offers subsidised early childhood education; Miss Olive’s Community Pantry, which provides essential food and household supplies to families experiencing food insecurity; and the New to You Thrift Store, which helps generate funds to support the organisation’s work.

Through these initiatives, NCVO works to provide safe, nurturing environments and practical support that help children and families across the Cayman Islands. Learn more at https://www.ncvo.org.ky.

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SOURCE Eightpoint

Skyways and Shell to demonstrate autonomous shore-to-offshore infrastructure inspection and logistics in the Gulf of America

FAA authorization clears Skyways to conduct the first autonomous long-range beyond-visual-line-of-sight operations from the US coastline to offshore infrastructure in the Gulf of America.Skyways will support Shell by combining pipeline right-of-way inspection with a simulated cargo delivery to an offshore platform.The mission will demonstrate how autonomous aircraft can perform inspection and logistics across extended offshore distances.

AUSTIN, Texas, Nov. 9, 2026 /PRNewswire/ — Skyways, developer and operator of long-range, hybrid-powered VTOL autonomous aircraft, today announced that it has received authorization from the Federal Aviation Administration (FAA) to conduct long-range beyond-visual-line-of-sight (BVLOS) operations from the US coastline over the high seas, the first authorization of its kind for an uncrewed aircraft. The authorization, granted through the FAA’s Section 927 waiver process for unmanned aircraft systems, clears the way for Skyways to execute a planned mission with Shell Pipeline Company LP (SPLC) in the Gulf of America.

“This authorization opens up a much larger operating envelope for us in the US,” said Charles Acknin, co-founder and CEO of Skyways. “We expect this mission to show what’s possible when long-range autonomous aircraft are applied to real offshore operations, combining inspection and logistics in a single flight, over distances that are difficult to support today. More broadly, it gives Skyways another real-world environment, in the United States, to prove the aircraft, build operational experience and keep pushing the system farther.”

During the mission, Skyways will operate its V2 hybrid-powered vertical takeoff and landing aircraft from the SPLC facility in Gibson, Louisiana to an offshore platform in the Gulf. The aircraft will inspect a pipeline right-of-way during the flight and demonstrate simulated delivery of critical equipment to the platform, combining two offshore missions in a single operation.

The FAA authorization follows extensive coordination among Skyways, SPLC and the FAA to establish the operating and safety framework for long-range flights from shore to offshore infrastructure. The planned operation will use Skyways’ V2 aircraft, which combines electric vertical takeoff and landing with a heavy-fuel cruise engine and satellite-based command and control for extended-range operations.

“We’re committed to American aviation innovation and ensuring new technologies can be deployed safely, efficiently, and at scale,” said Acting FAA Deputy Administrator Liam McKenna. “This authorization follows extensive coordination among Skyways, Shell and the FAA to establish a safe framework for these novel operations.”

For SPLC, the mission builds on the company’s existing high-seas drone program and its work with Skyways on pipeline right-of-way inspection across the Gulf of America.

“We are proud to receive this unprecedented authorization from the FAA for this first of its kind application,” said Wesley Stewart, President, SPLC. “This waiver allows us to use uncrewed aircraft in a way that will streamline offshore inspections, maintenance and logistics, making pipeline transportation even more safe, efficient and cost effective.”

For Skyways, the mission will add to their broader track record of 3,500 autonomous flights and approximately 90,000 kilometers flown worldwide, including BLVOS cargo missions for the U.S. Navy, Japanese Ministry of Defense, DSV, Skyports Drone Services, and All Nippon Airways (ANA).

Skyways expects this authorization to serve as a foundation for expanded, longer-term operations across the Gulf of America, including more frequent infrastructure inspection and delivery of cargo for compensation.

About Skyways

Skyways builds and operates long-range, hybrid-powered VTOL uncrewed aircraft, the only operational long-range VTOL of its kind, flying for commercial and government customers across multiple continents. Electric motors handle vertical takeoff and landing; a heavy-fuel cruise engine carries the aircraft hundreds of miles to the delivery or inspection point. Missions are planned, dispatched, and monitored through SkyNav, Skyways’ U.S.-built flight operations software.

Media Contact

Skyways
Press@skyways.com

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SOURCE Skyways