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Hale Capital Partners Invests in ExistX to Bridge the Technology Transition Gap for National Security

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WASHINGTON, Dec. 30, 2024 /PRNewswire/ — Hale Capital Partners (“Hale Capital”), a US-based private growth equity firm, recently closed an investment in ExistX, Inc., a trailblazing federal solutions company redefining how cutting-edge innovations transition into operational impact. By bridging the “technology transition valley of death,” ExistX ensures groundbreaking research becomes operational capabilities, supporting high-stakes missions across the battlefield and in critical defense operations.

Founded in 2023, ExistX has rapidly established itself as a leader in delivering agile, adaptable digital solutions tailored to the Department of Defense (DoD) and Intelligence Community (IC). With a steadfast commitment to dual-use solutions, the company is empowering national security efforts across four critical domains: cyber resilience and network-agnostic data transport, secure communications and data privacy, user-friendly autonomy and automated reasoning, and specialized commercial applications.

ExistX’s success is rooted in its origins as the applied engineering spinout of Galois, a leading research organization specializing in advanced computing and secure systems. Recognizing the industry-wide challenge of transitioning research into field-ready, operational applications, Galois intentionally created ExistX to bridge this gap for their research in order to maintain its own research-focused culture. Purpose-built to address this challenge, ExistX combines deep technical expertise with repeatable engineering practices and organizational compliance to ensure groundbreaking innovations make it into mission-critical operations.

With a proven track record of transitioning Galois research into operational solutions, ExistX has demonstrated the strength of its business model and its focus on addressing technology transition. Now, with the support of Hale Capital, ExistX is poised to expand its network of research partnerships, leveraging Hale’s nearly three decades of experience with technology-forward defense and intelligence contractors. Hale Capital’s investment will enable ExistX to grow its business development team, build on its profitable operations and established customer base, and collaborate with Hale’s portfolio of companies, leading research firms, and national labs. This strategic partnership positions ExistX to unlock new opportunities for fielding transition-ready innovations and delivering a lasting impact on national security.

Hale Capital is a growth-oriented private equity fund that recently raised its sixth pool of capital, focusing on special situations such as spinouts, divestitures, and federal and dual-use technology solutions and services. As a DoD Trusted Investor, Hale Capital seeks to back companies leveraging differentiated technology to meet the critical needs of elite customers. The investment in ExistX builds on Hale Capital’s proven track record of scaling successful Galois spinouts, including TangramFlex (enabling complex system interoperability), thatDot (enabling streaming graph data at massive scale), and Niobium (developing hardware accelerators supporting fully homomorphic encryption). Together, Hale Capital and ExistX aim to shape the future of defense innovation, delivering breakthrough technologies that empower mission success and redefine national security capabilities.

About Hale Capital

Hale Capital partners with talented business leaders to accelerate growth in special situations, including spinouts, recapitalizations, and divestitures, and federal technology sectors. Hale Capital is a DoD Trusted Investor with active TS clearances on its Investment Committee, and a roadmap to success which centers on a program of financial, cultural, and operational transformation developed from extensive work over nearly three decades. This critical intellectual property helps our companies evolve, grow, and compete in an ever-shifting marketplace. To learn more, visit www.halecapital.com.

About ExistX

ExistX develops and delivers digital solutions, specializing in bridging the gap between groundbreaking research and field-ready, operational applications through effective technology transition. Partnering with unique R&D firms, our team of applied engineering and operational execution professionals excel at transforming innovative ideas into scalable, mission-critical solutions. Founded as a spinout of Galois, Inc., ExistX is uniquely positioned to overcome the “technology transition valley of death,” delivering practical solutions tailored to the complex needs of national security and commercial challenges. To learn more, visit www.existx.com.

Media Contacts:

Hale Capital Partners

Nate Foos

nate@halefunds.com

www.halecapital.com 

ExistX

Janie Robinson

jrobinson@existx.com

www.existx.com

 

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BCE reports results of Series S and T preferred share conversions

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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SOURCE 3M Company

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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SOURCE Scott Vicknair Personal Injury Lawyers

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