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Ute Tribe Farm and Ranch Enterprise Announces First System-Wide In-Conduit Hydropower Clean Energy Projects with Rentricity

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Multiple Rentricity Renewable Energy AgriPower (REAP™) systems will generate approximately 115 kilowatts of Clean Energy Seasonally

NEW YORK, Sept. 5, 2024 /PRNewswire/ — The Ute Mountain Ute Tribe Farm and Ranch Enterprise (UMUFRE), a tribally owned farm known for its innovative agricultural practices, is proud to announce the successful installation of the first enterprise-wide in-conduit hydropower system across its 7,700-acre irrigated farmland. This pioneering project, which integrates sustainable energy production with advanced center-pivot irrigation technology, marks a significant milestone in clean energy generation and agricultural efficiency.

The installation consists of 5 similar in-conduit hydropower sites strategically positioned within the piped center-pivot irrigation system. These systems have been integrated into the UMUFRE system over the past two years. The sites collectively generate over 115 kilowatts of clean, renewable energy seasonally, which is used to power onsite farming operations thereby reducing the community’s energy needs and reducing reliance on fossil fuels.

As part of these projects, Rentricity, the premier New York-based In-conduit Hydropower Company, is excited to introduce the Renewable Energy AgriPower™ (REAP™) platform, a cutting-edge clean energy solution designed specifically for large farm enterprises utilizing gravity-fed center-pivot irrigation systems. REAP enables farms to seasonally recover clean energy, significantly reducing operational costs and supporting the local electrical grid.

Key Highlights of the UMUFRE System include:

Scope of the Installation: The hydropower system spans approximately 1000 irrigated acres dedicated to the cultivation of alfalfa, corn, and wheat and grazing cattle.Clean Energy Generation: The five (5) in-conduit hydropower sites harness excess pressure in the water flowing through the irrigation pipes, converting it into electrical power without disrupting the irrigation process.Environmental Impact: This project underscores the Ute Mountain Ute Tribe Farm and Ranch Enterprise’s commitment to sustainable farming practices and environmental stewardship, significantly reducing the farm’s carbon footprint and promoting renewable energy use. The overall project included renovations to 18 associated center-pivots to optimize hydropower resources and water-use efficiency improvements appropriate to their desert environment.Community Benefits: The generated power supports the local electrical grid, enhancing energy security and contributing to the tribe’s economic development and energy independence.

“We are thrilled to lead the way in integrating Rentricity’s in-conduit hydropower technology into our irrigation systems,” said Simon Martinez, General Manager of the Ute Mountain Ute Tribe Farm and Ranch Enterprise. “These projects not only showcase our commitment to sustainability but also provide a replicable model for other agricultural enterprises looking to adopt clean energy solutions. We are proud to contribute to our community’s energy needs while maintaining our dedication to efficient and innovative farming practices.”

This is Rentricity’s first enterprise-wide REAP installation and hopes it serves as a best practice for sustainable agriculture in North America. “Three months of the 115-kW operation could charge electric vehicles to travel a combined total of approximately 750,000 miles,” said Frank Zammataro CEO and Founder of Rentricity.  This is a terrific project demonstrating the importance of harvesting clean energy from solid pipe water infrastructure.  Rentricity and UMUFRE have completed the installation of 5 sites with 5 more in development.

The Colorado Department of Agriculture (CDA) and the United States Department of Agriculture’s Natural Resources Conservation Service (NRCS) have been key stakeholders working with the Ute Mountain Ute Tribe Farm and Ranch Enterprise on the hydro assessments and developments since 2016. CDA provided technical assistance and the project is jointly funded in full by NRCS and CDA under the NRCS Regional Conservation Partnership Program (RCPP).

“CDA has been proud to be an integral partner on this multi-year effort through its ACRE3 irrigation energy–recovery hydropower initiative,” says Sam Anderson, Program Manager for CDA’s ACRE3 energy grants program.  

“This an important project and partnership for the NRCS,” says, Clint Evans, State Conservationist for the NRCS in Colorado. “The NRCS supports this pioneering initiative that leverages in-conduit hydropower technology to enhance the sustainability and energy efficiency of agricultural operations. This UMUFRE’s system-wide installation not only exemplifies our commitment to promoting innovative solutions for resource conservation but also sets a new standard for integrating clean energy into agricultural practices. By harnessing the power of gravity-fed irrigation systems, this project will generate substantial clean energy, reduce greenhouse gas emissions, and contribute to the economic and environmental resilience of this tribal farm enterprise. We look forward to seeing the transformative impact this initiative will have on the community and the broader agricultural sector.”

About Ute Tribe Farm and Ranch Enterprise
The UMUFRE is a tribally owned agricultural business specializing in the production of alfalfa, corn, wheat, and cattle. With a focus on innovation and sustainability, the enterprise integrates advanced farming techniques to enhance productivity while preserving natural resources. The farm’s commitment to environmental stewardship and community well-being drives its ongoing efforts to adopt and promote sustainable practices.

About Rentricity – www.rentricity.com
Rentricity is the premier provider of sustainable energy solutions, specializing in in-conduit hydropower technology and renewable energy systems. With a focus on innovation, reliability, and environmental stewardship, Rentricity is dedicated to powering a cleaner, greener future for water operations in North America.

About the Colorado Department of Agriculture – www.colorado.gov/ag/energy
The mission of the Department of Agriculture is to strengthen and advance Colorado agriculture; promote a safe and high-quality food supply; protect consumers; and foster responsible stewardship of the environment and natural resources. CDA’s ACRE3 program provides technical assistance and grants for on-farm renewable energy and energy efficiency projects.

About the Natural Resources Conservation Service – www.nrcs.usda.gov
The NRCS is an agency of the United States Department of Agriculture (USDA) that provides technical assistance to farmers and other private landowners and managers. NRCS aims to conserve natural resources on private lands, with a focus on soil conservation, water quality improvement, and sustainable agricultural practices. RCPP is a partner-driven approach to conservation that funds solutions to natural resource challenges on agricultural land. It is NRCS’ policy to provide equal opportunity in all programs, services, and activities for all individuals and communities. 

Media Contacts:

Frank Zammataro, CEO, Rentricity | 732.319.4501 | frankz@rentricity.com
Simon Martinez, General Manager, UMUFRE | 970.749.2765 | simon@utemtn.com
Sam Anderson, ACRE3 Program Manager, CDA | 303.869-9044 | sam.anderson@state.co.us
Petra Popiel, Public Information Officer, NRCS | 720.544.2808 | petra.popiel@usda.gov 

Full PDF Release with Photos

Rentricity Ute Farm & Ranch Case Study

 

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SOURCE Rentricity Inc

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11:11 Systems Announces Strategic Partnership with Cato Networks to Deliver SASE Solution for Distributed Enterprises

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New Managed Secure Access Service Edge (SASE) solution combines SD-WAN, cloud-native networking and security capabilities with 11:11’s connectivity, cyber resilience and cloud expertise

SYDNEY, July 22, 2026 /PRNewswire/ — 11:11 Systems, a leading managed infrastructure solutions provider, today announced the global availability of its 11:11 Managed Secure Access Service Edge (SASE) solution and a new strategic partnership with Cato Networks.

11:11 Managed SASE is a fully managed secure connectivity solution leveraging Cato Networks AI-native network security platform. This solution brings together intelligent SD-WAN, cloud-delivered security and global connectivity into a single offering. It enables organisations to simplify and secure access across branch offices, data centres, users and cloud environments, reducing complexity without sacrificing performance or control.

Built on the Cato Networks cloud-native SASE platform, 11:11 Managed SASE combines zero trust network access (ZTNA), firewall as a service (FWaaS), secure web gateway (SWG), cloud access security broker (CASB), advanced threat protection and centralised visibility into a unified managed experience. 11:11 also delivers 24x7x365 monitoring and support, incident management integration and operational accountability to help customers limit vendor sprawl, increase agility and free internal teams to focus on higher-value priorities.

The offering is backed by 11:11’s broader networking, cloud and cyber resilience capabilities. Through its global backbone, carrier-agnostic connectivity options and integrated portfolio spanning cloud, backup, disaster recovery and security services, 11:11 gives customers a practical path to modernise network and security architecture while strengthening resilience across the business.

“Enterprises are under pressure to support users, applications and locations that are more distributed than ever, while limiting complexity and improving security,” said Justin Giardina, CTO, 11:11 Systems. “Our Managed SASE solution provides customers with a unified approach to modernising networking and security, along with the visibility, support and flexibility they need to thrive in a rapidly changing environment.”

According to Karl Soderlund, global channel chief, Cato Networks, “As enterprises move beyond fragmented legacy networking and security stacks, they need a simpler way to gain visibility, context and control across hybrid work environments and reduce the operational burden on IT. Through our partnership, we can address these challenges head on and deliver end-to-end visibility and protection in a single service built for the reality of modern work.”

The joint offering is well suited for distributed enterprises, multi-site organisations, hybrid workforce initiatives, SD-WAN refreshes, security modernisation efforts and businesses with limited IT resources. 11:11 meets customers where they are by supporting existing environments, simplifying multi-vendor operations and serving as a single provider accountable for network, security, cloud and data integration.

This partnership expands 11:11’s Network as a Service portfolio and follows Forrester’s inclusion of 11:11 Systems in its report, “The Secure Access Service Edge Services Landscape, Q1 2026.”

About 11:11 Systems

11:11 Systems is a managed infrastructure solutions provider that empowers customers to modernise, protect and manage mission-critical applications and data, leveraging 11:11’s resilient cloud platform. Learn more at www.1111Systems.com and follow 11:11 on LinkedIn.

View original content:https://www.prnewswire.com/apac/news-releases/1111-systems-announces-strategic-partnership-with-cato-networks-to-deliver-sase-solution-for-distributed-enterprises-302830322.html

SOURCE 11:11 Systems

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Crowell & Moring Expands Financial Services Group with Former UBS Bank USA General Counsel Cristina Diaz

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NEW YORK, July 21, 2026 /PRNewswire/ — Crowell & Moring has added Cristina Diaz, former executive director and general counsel of UBS Bank USA, and most recently head of legal for UBS’s U.S. Remediation Management Office, to the firm’s Financial Services Group as senior counsel in New York. Diaz brings more than two decades of in-house counsel and law firm experience in bank regulation, compliance, and risk management.

At Crowell, Diaz will counsel banks, fintechs, and digital assets companies on a broad range of bank regulatory matters, including charters and licensing, permissible activities, capital requirements, regulatory enforcement, M&A, and corporate governance. She will also counsel clients navigating the intersection of traditional banking and emerging financial services, including digital assets companies seeking to acquire or establish national banks, and banks exploring partnerships with fintechs and digital assets firms.

At UBS, Diaz advised on the firm’s most pressing regulatory matters, including most recently UBS Bank USA’s charter conversion from a Utah industrial bank to an OCC national bank and key compliance remediations. This work gave Diaz extensive experience navigating relationships with state and federal financial regulators. Earlier in her career, Diaz spent eight years at Davis Polk & Wardwell advising U.S. and foreign banks on bank regulatory matters, M&A, and capital markets transactions.

“Cristina is a highly experienced, solution-oriented attorney who brings deep knowledge in the bank regulatory space. She will be an enormous asset to the firm’s growing regulatory and transactional offerings to banks, digital assets businesses, and fintechs,” said Carlton Greene, Co-Chair of Crowell’s Financial Services Group.

“I am delighted to join Crowell & Moring and integrate my bank regulatory experience with the firm’s nationally-recognized digital assets practice. As traditional banking and emerging financial technologies continue to evolve, clients need actionable and sophisticated legal counsel. Crowell offers the collaborative platform to help institutions successfully execute their growth and compliance strategies,” said Diaz.

Diaz received her J.D. from New York University School of Law, where she was a member of the New York University Law Review, and received her B.A., summa cum laude, from New York University. She is fluent in Spanish.

About Crowell & Moring LLP
Crowell & Moring is an international law firm with operations in the United States, Europe, and MENA. Drawing on significant government, business, industry, and legal experience, the firm helps clients capitalize on opportunities and provides creative solutions to complex regulatory and policy, litigation, transactional, and intellectual property issues. The firm is consistently recognized for its commitment to pro bono service, as well as its comprehensive programs and initiatives to advance the professional and personal development of all members of the Crowell community.

Media Contact:
Email: prteam@crowell.com

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SOURCE Crowell & Moring LLP

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Quantinuum and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era

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The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to Quantinuum’s hardware roadmap.The paper provides a framework for assessing how advances in quantum hardware and algorithms, could affect when practical industrial applications become feasible.SoftBank Corp. and Quantinuum will use the roadmap to inform their exploration of future quantum AI data center services and related business models.

TOKYO and BROOMFIELD, Colo., July 22, 2026 /PRNewswire/ — Quantinuum (NASDAQ: QNT) and SoftBank Corp. (“SoftBank”) today announced the publication of “Quantum Computing Frontiers,” a joint white paper that maps two commercially-relevant quantum computing application areas against Quantinuum’s hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.

The paper focuses on two representative application domains that SoftBank is actively using Quantinuum’s systems to research: quantum chemistry for new materials discovery and energy research, and topological data analysis for large-scale graph analytics, including for telecommunications fraud detection. The authors anchor their assessment of the scalability of these two application areas against Quantinuum’s published hardware roadmap, examining how projected advances in hardware capabilities and algorithms may enable the commercial readiness of future industrial applications.

Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the Quantinuum and SoftBank partnership announced last year.

“The key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,” said Duncan Jones, General Manager, Applications Group at Quantinuum. “By using today’s systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.”

“The question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,” said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. “However, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.”

The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.

The full white paper is available to download on the SoftBank and Quantinuum websites.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit https://www.softbank.jp/en/corp/

About Quantinuum

Quantinuum (NASDAQ: QNT) is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.[1] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

[1] As of December 31, 2025.

SOURCE Quantinuum

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