Technology

The Week in Canadian Press Releases: 10 Stories You Need to See

Published

2 years ago

August 30, 2024

A roundup of the most newsworthy press releases from Cision Distribution this week

TORONTO, Aug. 30, 2024 /CNW/ – With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

More McDonald’s to Love: The Big Arch Arrives in Canada
Calling all burger lovers! McDonald’s Canada is satisfying cravings like never before with the introduction of the new Big Arch™ burger, starting August 27th. This BIG menu addition highlights more of the McDonald’s ingredients guests know and love, all wrapped into one big, satisfying burger. It’s so craveable, even the Hamburglar has set his sights on it! The Big Arch was designed as McDonald’s response to guests’ desire for a burger that satisfies the extra hungry.Air Canada Comments on the End of Federal Conciliation in Negotiations with Air Line Pilots Association
Air Canada today issued the following update in its ongoing contract negotiations with the Air Line Pilots Association (ALPA). Air Canada’s intention remains to reach a negotiated settlement with its pilots, one that recognizes their professionalism and contributions to the airline. During the talks, there has been significant progress and the three-week cooling off period gives the parties more than sufficient time to address any outstanding issues. Air Canada is fully committed to bargaining meaningfully throughout the period. Flair Airlines Declares: We Are the Home of the $1 Base Fare
Flair Airlines, renowned for redefining affordability in Canadian aviation, is proud to launch its $1 base fare initiative, further cementing its position as the airline dedicated to making travel more accessible for everyone. Starting today, travellers can explore select northbound routes from Mexico, the USA, Jamaica, and the Dominican Republic to Canada at an unbeatable base fare of just $1. This groundbreaking offer is only the beginning, as Flair will continue to introduce $1 base fares on different routes across its network throughout the year.Canada Post reports $46-million profit before tax in second quarter as one-time sale of subsidiaries offset $269-million loss from operations
The Corporation’s profit before tax in the second quarter improved by $300 million compared to a loss before tax of $254 million in the second quarter of 2023, largely due to dividend income from the sale of SCI and Innovapost. As a result of the divestitures of SCI and Innovapost, the segment’s loss before tax in the first two quarters was $30 million, compared to a loss before tax of $361 million in the first half of 2023.Canada Post’s revenue in the second quarter was relatively flat compared to the same period a year earlier. CIBC Announces Third Quarter 2024 Results 
“Our strong third quarter results reflect the consistent, disciplined execution of our client-focused strategy and the diversification of our North American platform as we continue to create value for our stakeholders,” said Victor G. Dodig, CIBC President and Chief Executive Officer. “We’re deepening client relationships, and have both a highly connected team and a strong balance sheet, all of which are contributing to CIBC’s continued momentum.”Royal Bank of Canada Reports Third Quarter 2024 Results
“Our Q3 results demonstrate that RBC continues to operate from a position of strategic and financial strength with solid revenue growth and momentum underpinned by a strong balance sheet, robust capital position and prudent risk management. Combined with our recently announced changes to the executive leadership team and business segments, RBC is better positioned than ever to accelerate our next phase of growth and deliver long-term value to clients, communities and shareholders.” – Dave McKay, President and Chief Executive Officer of Royal Bank of CanadaTokyo Smoke Alters Retail Footprint to Align with Current Market and Regulatory Conditions
Following a thorough review of all available options and alternatives, Tokyo Smoke commenced the restructuring to align its operations with current market and regulatory conditions, which have significantly changed since the initial licensing regimes in the provinces where Tokyo Smoke operates were introduced. The Company will pursue an exit from CCAA protection as a stronger business, better positioned to continue providing premium products to its customers over the long-term, while continuing to provide jobs to its more than 500 dedicated employees across Canada.It’s time to think outside the jar! This fall, Tim Hortons and Nutella® team up to help Canadians enjoy Nutella in a new way across six classic Tims menu items
Enjoy Tims favourites this fall with a Nutella twist across a delicious line-up of baked goods including a Dream Cookie and Dream Donut topped with Nutella and a Croissant with Nutella – Sip on some mouthwatering hot and cold beverages made with Nutella, including a chocolate hazelnut flavoured Latte, an Iced Capp topped with Nutella, and a chocolate hazelnut flavoured Cold Brew topped with a layer of cold foam made with Nutella.ReconAfrica Announces an Operations Update, Filing of Quarterly Financial Reports and First Sustainability Report
Elsewhere on PEL 73, the Company continues to make progress in the construction of the access road for the second Damara Fold Belt exploration well, Prospect P, which is expected to start drilling in the fourth quarter of 2024. Prospect P is targeting 309 million barrels of unrisked prospective light/medium oil resources(1) or 1.6 trillion cubic feet of prospective natural gas resources(1), on a 100% working interest basis, based on the most recent prospective resources report prepared by NSAI.Shift4 to Acquire Givex in All-Cash Transaction Valued at C$200 Million
Under the Arrangement Agreement, each of Givex and Shift4 have provided representations and warranties customary for a transaction of this nature. In addition, the Arrangement Agreement includes customary deal protection provisions, including customary provisions relating to non-solicitation of alternative transactions, subject to customary “fiduciary out” rights. Givex has also granted Shift4 a right-to-match any superior proposal for a period of five business days, and will pay a termination fee of C$7.75 million to Shift4 if the Arrangement Agreement is terminated under certain circumstances.

Read more of the latest releases from Cision, see our resources for journalists, and stay caught up on the top press releases by following @cnwnews.

About Cision Canada

Cision is a comprehensive communications platform enabling more than 100,000 public relations and marketing professionals around the world to understand, influence and amplify their stories. As the market leader, Cision enables the next generation of communication professionals to strategically operate in the modern media landscape where company success is directly impacted by public opinion. Cision has offices in 24 countries through the Americas, EMEA and APAC, and offers a suite of best-in-class solutions, including Newswire, Brandwatch, Cision Communications Cloud® and Cision Insights. To learn more, visit www.cision.ca and follow @CisionCA on Twitter.

SOURCE Cision Canada

Technology

Quintus Flexform™ Press Enables Sona SPEED to Deliver Flight-Critical Aerospace Components Faster

Published

27 minutes ago

April 22, 2026

Advanced forming technology strengthens precision manufacturing capabilities and reduces lead times for global high-performance industries

VÄSTERÅS, Sweden, April 22, 2026 /PRNewswire-PRWeb/ — Sona SPEED Pvt. Ltd., a specialist in precision mechatronics manufacturing solutions, is investing in a Quintus Flexform™ fluid cell press to expand its capabilities in producing high-precision prototype and low-volume components for aerospace and other demanding industries. The new press will support the company’s growing role as a supplier of flight-critical components for global customers.

Quintus Technologies’ expertise in high-pressure forming solutions meets the strict standards required for aerospace applications, enabling us to deliver consistent quality, performance, and reliability to customers operating in mission-critical environments.– Sona SPEED General Manager Bart Korff

Reflecting rising demand for lightweight, high-strength structures used in aircraft, satellites, and launch systems, Sona SPEED is strengthening its advanced forming and structural assembly capabilities, according to General Manager Bart Korff.

“We are expanding our metal forming and structural assembly capabilities to support next-generation aircraft, satellite, and launch vehicle programs,” says Mr. Korff. “Quintus Technologies brings proven expertise in high-pressure forming solutions that meet the stringent standards required for aerospace applications. Their technology enables us to deliver consistent quality, performance, and reliability to customers operating in mission-critical environments.”

The investment reflects broader industry trends toward lighter, stronger materials and faster development cycles across aerospace, defense, and high-performance industrial sectors. Advanced forming technologies such as the Flexform process enable manufacturers to reduce tooling complexity, improve structural performance, and accelerate product development timelines.

Sona SPEED selected the Flexform press model QFC 1×3-800, capable of applying up to 800 bar of forming pressure across a 1000 mm × 3000 mm work area. This performance is enabled by Quintus’ proven wire-winding pre-stress technology, which allows consistent pressure distribution across large forming surfaces.

“Flexform is a versatile solution for manufacturing complex sheet metal components, particularly in industries where precision, speed, and cost control are essential for maintaining global competitiveness,” explains Peter Henning, Chief Commercial Officer, Quintus Technologies.

Designed for both prototyping and low-volume production, the Flexform process offers significant advantages compared with conventional rubber pad pressing and mechanical stamping. High-pressure forming reduces tooling complexity, eliminates secondary process steps, and improves fabrication productivity. Multiple forming tools can be used in a single operation, enabling faster transitions from design to production. High-cycle systems can produce up to 120 parts per hour, supporting rapid response to customer requirements.

The user-friendly press includes advanced features such as equipment serviceability, remote system control, and a high degree of self-diagnostics. It is also equipped with state-of-the-art high pressure hydraulics and a semi-automatic service system for quick and easy service of the unique Quintus flexible rubber diaphragm.

“This investment completes Sona SPEED’s aerospace offering by enabling us to manufacture high-integrity, near-net-shape components with enhanced mechanical properties. The Quintus press integrates seamlessly into our production line, allowing the delivery of flight-critical parts with reduced lead times and improved material performance – essential for aerospace and space missions,” notes Mr. Korff.

To support long-term operational reliability, Sona SPEED has chosen to participate in the Quintus® Care Program, a customized service solution that ensures operational reliability, maximum performance, controlled annual costs, and long-term partnership.

The program includes forming process and tool design support, access to Quintus Application Centers, prioritized technical assistance, and reliable availability of spare and wear parts. It also provides annual press inspections, operator training, and personnel recertification to maintain high levels of technical competence and production readiness.

“The added value of the high pressure process allows Sona SPEED to meet the quality, volume, and cost demands for sheet metal parts in major industrial sectors across the globe,” comments Johan Hjärne, CEO of Quintus Technologies. “We are pleased to be a strategic partner as they scale operations, invest in advanced manufacturing technologies, and enhance their engineering capabilities.”

The press will be installed in Sona SPEED’s 100,000-square-foot advanced manufacturing facility on the outskirts of Bengaluru (Bangalore), India in mid-December 2026.

About Quintus Technologies

Quintus Technologies is the global leader in high pressure technology. The company designs, manufactures, installs, and supports high pressure systems in four main areas: densification of advanced materials; sheet metal forming; battery processing; and high pressure processing for food and beverage innovation, safety, and shelf life. Quintus has delivered approximately 1900 systems to customers within industries such as energy, medical implants, space, aerospace, automotive, and food processing. The company is headquartered in Västerås, Sweden, with a presence in 45 countries worldwide. For more information, visit Quintus Technologies.

About Sona SPEED

Part of the century-old Sona Group, a premier business group in India, Sona Special Power Electronics & Electric Drives (Sona SPEED) was established in 2003 as an R&D division specializing in cutting-edge mechatronics manufacturing solutions. The company provides a comprehensive range of metal treatment solutions tailored to the specific needs of a worldwide client base across industries like aerospace, defense, heavy equipment, medical wearables, space, marine, industrial, automotive, and more. Sona SPEED’s unwavering commitment to precision and quality in metal treatments is reflected in state-of-the-art facilities and advanced technology that ensure the delivery of products that excel in performance and durability, thus meeting highest standards required for the most sophisticated and mission-critical applications. To know more, go to Sona SPEED.

Media Contact

Peter Henning, Quintus Technologies, 46 736 20 24 49, peter.henning@quintusteam.com, quintustechnologies.com

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SOURCE Quintus Technologies

Technology

Hannover Messe 2026: Zoomlion Debuts Robot Ops, Showcasing Industrial AI and Intelligent Manufacturing Capabilities

Published

27 minutes ago

April 22, 2026

HANNOVER, Germany, April 22, 2026 /CNW/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion” or “the Company”; 1157.HK) has made the global debut of its embodied intelligence operating system, Robot Ops, at Hannover Messe 2026, taking place from April 20 to 24. At the event, Zoomlion is showcasing the robot operating system for industrial applications, along with its industrial AI and intelligent manufacturing (IM) solutions. Through live demonstrations and themed presentations, Zoomlion is highlighting its latest advances in embodied intelligence development platforms and IM practices.

Built for the Software 3.0 era, Robot Ops is a professional embodied intelligence development platform centered on the engineering concept of “Data, Software, and Agents.” It integrates DevOps, DataOps, and AgentOps into a full-stack, engineering-grade solution, enabling coordinated development across software, data, and intelligent agents.

The platform comprises four modules: basic tools, imitation learning, reinforcement learning, and task orchestration, enabling full-lifecycle management from data collection and model training to simulation verification, application development, and deployment maintenance. Designed to be ready to use with a low barrier to adoption, Robot Ops improves closed‑loop iteration efficiency by over 50%.

It directly addresses four key industry challenges: high technical barriers, scenario migration difficulty, data bottlenecks, and lack of lifecycle management. By providing a standardized, replicable engineering path for large‑scale deployment, Robot Ops can be widely adapted to humanoid robots, industrial robots, construction machinery, and autonomous driving. As one platform empowering multiple industries, it supports a more scalable and standardized approach to embodied intelligence development.

At Hannover Messe 2026, Zoomlion is presenting live demonstrations under the unified scheduling of Robot Ops, in which a wheeled humanoid robot and a logistics mobile robot collaborate on a logistics-sorting scenario, while the first-generation mass-produced humanoid robot Z1 performs a dance routine and dynamic motion-control demonstration. The multi-robot collaborative demonstration shows how Robot Ops connects algorithms, task orchestration, and on-site execution.

Zoomlion is also presenting its Industry 5.0 IM solutions, including insights into Zoomlion Smart Industrial City. The showcase highlights how digital technologies such as intelligent scheduling, industrial AI, digital twins, and end-to-end intelligent logistics are integrated into manufacturing processes.

Zoomlion is exhibiting at Booth D76 in Hall 15 and Booth D70 in Hall 11, the China Pavilion. The Company is also co-exhibiting with Amazon Web Services (AWS) and participating in the China Pavilion’s “Invest in China” launch ceremony.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hannover-messe-2026-zoomlion-debuts-robot-ops-showcasing-industrial-ai-and-intelligent-manufacturing-capabilities-302749747.html

SOURCE Zoomlion

Technology

Realm Raises $4.5M to Bring the ‘Cursor Moment’ to Enterprise Sales

Published

27 minutes ago

April 22, 2026

HELSINKI, April 22, 2026 /PRNewswire/ — Realm has raised a $4.5 million Seed round to speed up enterprise sales cycles. Its platform gives AI the structured context needed to automate deal-defining materials like RFP responses. The round was led by Frontline Ventures, with participation from HubSpot Ventures, Slack Co-founder Cal Henderson and Deel Co-founder Alex Bouaziz.

Realm CEO Mikko Mäntylä believes revenue work is next to undergo the agentic revolution that has already transformed software development.

“Tools like Cursor and Claude Code have fundamentally changed programming. Developers now manage fleets of agents, often running five to ten simultaneous tasks in different terminal windows,” Mäntylä says. “The best revenue teams are starting to replicate this approach, offloading RFP responses, security questionnaires, and other customer-facing materials to AI.”

However, the shift is still held back by a fundamental constraint. Unlike in software development, where the codebase provides structured context for AI, revenue teams work with fragmented systems and unstructured data. Critical information, such as why a deal was won, has to be pieced together from subtle, scattered signals.

Realm solves this by turning raw information into a structured representation of a company’s market, products, pipeline, and strategies. This purpose-built context graph mirrors how human sellers are onboarded and gives agents the foundation they need to contribute effectively.

“Our customers use Realm to draft their most important deliverables, from multi-million dollar bids to business cases that will make or break months of work,” Mäntylä says. “Typically, 70-80% of Realm’s work is approved as-is. Any edits feedback into Realm’s context, creating a compounding record that everyone in the organisation benefits from.”

That institutional memory extends beyond Realm’s own application. The platform integrates with Slack, CRMs, and AI assistants like Claude and ChatGPT, allowing teams to leverage Realm’s context and agents wherever they already work.

“The GTM stack has been built to record and report on what has already happened,” says George Radford from Frontline Ventures. “The emerging paradigm is tools that actually do the work, and Realm is building at the forefront of this shift. The team’s exceptional execution velocity and the rate at which customers are expanding usage convinced us Realm is the right team to back.”

The company will use the fresh funding to triple its team by the end of the year and accelerate its entry into the US.

About Realm

Realm builds a structured understanding of a company’s go-to-market and turns it into execution. As a result, work like RFPs, security reviews, and deal coordination happens in the background, not at the expense of time with buyers. Founded in 2023 by former Slush leaders Mikko Mäntylä and Miika Huttunen alongside Johan Jern, Realm is headquartered in Helsinki, Finland. Realm’s customers include Visma, Aiven, and Hostaway. Learn more: https://www.withrealm.com/

About Frontline Ventures

Frontline Ventures backs the most ambitious tech companies across the US and Europe, and positions them to win the transatlantic market. Frontline Seed backs European Seed startups when early US traction is critical to hyperscale. Frontline Growth backs US scaleups at Series B-D when European revenues are essential to IPO-readiness. Frontline Ventures’ portfolio includes companies like Navan, Lattice, and Vanta. Learn more: https://frontline.vc/

About HubSpot Ventures

HubSpot Ventures partners with ambitious entrepreneurs who are redefining how businesses grow and operate. The fund backs early- and growth-stage software companies building products that deliver unique value to HubSpot’s customer base, with a mission to help millions of organizations grow better. HubSpot Ventures’ portfolio includes companies like Clay, ElevenLabs, and Lovable. Learn more: https://www.hubspot.com/ventures.

Media Contact
Mikko Mäntylä
CEO & Co-founder
mikko@withrealm.com

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https://news.cision.com/realm-technologies-oy/r/realm-raises–4-5m-to-bring-the–cursor-moment–to-enterprise-sales,c4338044

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SOURCE Realm Technologies Oy