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AI Demand Drives $5 Billion in New Business and Massive Expansion of the Internet

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Lumen Creates Custom Networks Division to Meet New Demand

DENVER, Aug. 5, 2024 /PRNewswire/ — Lumen Technologies (NYSE: LUMN) today announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI. Large companies across industry sectors are seeking to secure fiber capacity quickly, as this resource becomes increasingly valuable and potentially limited, due to booming AI needs. In addition, Lumen is in active discussions with customers to secure another $7 billion in sales opportunities to meet the increased customer demand.

To address this tremendous demand, which includes the recent Microsoft announcement, Lumen will more than double its intercity network miles over the next five years, while also providing access to a significant amount of installed dark fiber. In addition, Lumen has secured an agreement with Corning to be its preferred partner for its next-generation fiber-dense cable, which will help accommodate the increased data processing that AI requires.

“The AI economy is changing business operations, and companies are recognizing they need powerful network infrastructure to manage the unprecedented data flows today and the demand in the future,” said Kate Johnson, president and CEO, Lumen Technologies. “Our partners are turning to us because of our AI-ready infrastructure and expansive network. This is just the beginning of a significant opportunity for Lumen, one that will lead to one of the largest expansions of the internet ever.”

Lumen has created a new Custom Networks division to manage its portfolio of Private Connectivity Fabric℠ solutions and address additional interest from hyperscalers and other large organizations. The division will provide customized network solutions that include dark fiber, custom fiber routes, and digital services that securely connect companies’ data centers to protect data and support AI-intensive workloads. Lumen may also operate and maintain the network as part of its services.  

Forward Looking Statements
Except for the historical and factual information contained herein, the matters set forth in this release and other of our oral or written statements, including statements related to opportunities with respect to our Private Connectivity Fabric business, other revenue generating opportunities, future sales and business, future events, business outlook, priorities, sales and business growth, demand for products and services, and potential future transactions, and that may be identified by words such as “will,” “estimates,” “expects,” “projects,” “plans,” “could” and similar expressions, are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including the risks that we may not reach agreements with respect to any such opportunities or transactions on the expected timeframe or terms or at all, that the revenue from any such opportunities or transactions may be less than our current expectations or that the obligations associated with any such opportunities may be more significant than our current expectations, that the completion of any future transactions may be subject to conditions that may not be satisfied on expected timeframes or at all, and that any such opportunities or transactions may not be executed in a timely manner, or at all. Many of these risks, uncertainties and assumptions are beyond our control. Actual events and results may differ materially from those anticipated, estimated or projected if one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date made. Unless legally required, we undertake no obligation and expressly disclaim any such obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

About Lumen Technologies 
Lumen connects the world. We are igniting business growth by connecting people, data, and applications – quickly, securely, and effortlessly. Everything we do at Lumen takes advantage of our network strength. From metro connectivity to long-haul data transport to our edge cloud, security, and managed service capabilities, we meet our customers’ needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.

 

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SOURCE Lumen Technologies

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Elbit Systems of America Awarded Contracts from U.S. Customs and Border Protection Totaling Over $370 Million to Enhance U.S. National Security

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HAIFA, Israel, July 20, 2026 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that its U.S. subsidiary, Elbit Systems of America, LLC (“Elbit America”), has received multiple awards from U.S. Customs and Border Protection (CBP) totaling over $370 million to enhance U.S. national security, with work to be performed through May 2029.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “These new awards demonstrate Elbit Systems of America’s continued contribution to enhancing the security and defense capabilities of the United States. Our advanced and operationally proven worldwide technologies are designed to deliver reliable, real–time situational awareness, helping our customers address complex operational challenges.”

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported $2,188.8 million in revenues for the three months ending March 31, 2026, and an order backlog of $30.2 billion as of such date.

For additional information, visit: https://elbitsystems.com, follow us on X or visit our official Facebook, YouTube and LinkedIn Channels.

Company Contact: 

Dr. Yaacov (Kobi) Kagan, Executive VP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communications & Brand
Tel: +972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; including the duration and scope of the war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this press release.

Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this press release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

 

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SOURCE Elbit Systems Ltd.

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ANTHBOT M9 Pro Launches with HoloSense™ Quad-Fusion Navigation for Easy, Wire-Free Lawn Care

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DÜSSELDORF, Germany, July 20, 2026 /PRNewswire/ — ANTHBOT has officially launched the M9 Pro, its flagship wire-free robotic lawn mower designed for smarter, effortless lawn care in complex residential gardens. Combining advanced navigation, intelligent automation, and professional mowing performance, the M9 Pro makes maintaining a beautiful lawn easier than ever.

HoloSense™ Quad-Fusion Navigation for Reliable All-Scenario Auto-Pilot

Powered by HoloSense™ Quad-Fusion Navigation, the M9 Pro combines 360° LiDAR, RTK, NetRTK, and Dual AI Vision to deliver reliable All-Scenario Auto-Pilot. The system continuously adapts to open lawns, shaded areas, narrow passages, and complex garden layouts for stable, precise mowing without boundary wires.

Designed for Complex Gardens and Wire-Free Convenience

Built for lawns up to 1,000 m², the M9 Pro features wire-free installation, automatic mapping, and intelligent scheduling, eliminating the complexity of traditional robotic mower setup. Through the ANTHBOT app, users can manage up to 32 mowing zones and enjoy a true Drop & Mow experience from day one.

Intelligent route planning and AI-powered obstacle recognition help the mower navigate trees, flower beds, pathways, and other real-world garden challenges with confidence.

Professional Mowing Performance

The M9 Pro delivers a clean, professional-looking lawn with intelligent U-shaped mowing patterns and EdgeWiz™ edge mowing technology. Its compact design passes through spaces as narrow as 65 cm, climbs slopes up to 45% (24°), crosses obstacles up to 3 cm, and recognizes more than 1,000 obstacle types using AI Vision.

Operating at ≤58 dB with IPX6 waterproof protection, the M9 Pro is built for reliable, low-maintenance lawn care throughout the mowing season.

Availability

Pre-orders for the ANTHBOT M9 Pro began on July 15, 2026, with official sales starting July 27, 2026. Customers placing qualifying pre-orders through the official ANTHBOT online store will receive a complimentary mower garage (valued at €169) while supplies last.

The ANTHBOT M5 Pro, designed for lawns up to 500 m², will be available at a later date.

About ANTHBOT

ANTHBOT simplifies residential lawn care through AI-powered automation and advanced navigation. Operating in over 30 countries, the brand is a top-selling robotic lawn mower brand on Amazon Germany and a trusted partner to premier European retailers including BAUHAUS, Boulanger, Elkjøp, Salling Group, and Landi.For more information, visit anthbot.com.

Media Kit
https://drive.google.com/drive/folders/1ioo0iSCbvHiwicSMZYqsWo9PUm7w9Huk

 

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Short Documentary “South China Sea: Our Story” Highlights Regional Peace and Cooperation

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BEIJING, July 20, 2026 /PRNewswire/ — As the waters of the South China Sea are increasingly stirred by geopolitical rivalry, how do the people who live around this vast expanse of blue see the waters they call home? On July 12, the Voice of the South China Sea, a platform of China Media Group (CMG), released the short documentary “South China Sea: Our Story,” which explores a vision of peace, cooperation, and development through the perspectives of a fisherman, a scholar, and a scientist.

Lu Jiabing, a fisherman from Tanmen Township in Hainan, is an inheritor of the Geng Lu Bu – a traditional handwritten navigation guide passed down through generations of Chinese fishermen in the South China Sea. Guided by its routes, he has sailed to the major islands, reefs, and shoals across the South China Sea, retracing the voyages of his ancestors. In his view, this is not merely a traditional way of life for Chinese fishermen; more importantly, it carries forward the wisdom and courage of the generations who first ventured into these waters.

Wu Shicun, a Chinese scholar who has devoted his life to the study of the South China Sea, believes that the historical record should speak for itself. Through irrefutable historical evidence, he hopes to show the international community that the South China Sea is a homeland developed and sustained by generations of Chinese people, and equally, a shared maritime homeland for the countries that border it – one whose peace and stability should be safeguarded through joint efforts.

Huang Hui, a Chinese marine scientist, has turned her attention to the shared ecological challenges facing the world’s oceans. To help protect coral reef ecosystems from the threat of mass bleaching, she has led her team in establishing the world’s largest coral reef ecological restoration demonstration area in the South China Sea, while also actively engaging in international cooperation on coral reef conservation.

“South China Sea: Our Story” is jointly produced by the Voice of the South China Sea, a platform under CMG’s Chinese Language Programming Center, together with the Huayang Center for Maritime Cooperation and Ocean Governance, and the National Institute for South China Sea Studies.

Structured around three chapters – Homeland, Protection, and Renewal – the documentary responds to the international community’s shared aspiration for a “sea of peace, friendship, and cooperation,” and adds a warm human touch to the story of regional cooperation and development in the South China Sea.

https://vscs.cri.cn/20260712/482cc9dc-7fce-4571-a6ca-17e353008157.html 

 

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SOURCE China Media Group (CMG)

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