Technology

UNION: The West’s New Arsenal of National Security Lethality–The World’s Newest Manufacturing Superpower

Published

1 year ago

April 30, 2025

How UNION’s Factories-as-a-Stockpile™ Will Forge Peace, Strength, and Ignite America as an Industrial Titan

DALLAS, April 30, 2025 /PRNewswire/ — The world’s newest superpower is not a country, but a collection of founders — and their launch of UNION, The Manufacturing Prime, emerges from stealth today, founded by a group of common Americans, exhausted by an uncommon feeling: vulnerability.

The World’s Newest Manufacturing Superpower

Vulnerability not of spirit, but of production — of the West’s deteriorating ability to manufacture, at speed or scale, anything needed to defend itself or its allies.

Today, UNION announced the close of an oversubscribed $50 million Seed round of financing led by Bravo Victor Venture Capital (BVVC), a national security-focused venture firm with deep ties to Special Operations and Intelligence Communities, alongside their strategic co-lead and first customer, Regulus, a boutique defense prime focused on securing global supply chains and logistics.

Additional participation came from a coalition determined to restore America’s industrial might, including Silent Ventures, Decisive Point, Vanderbilt University, RKKVC, IronGate, and several prominent family offices committed to reindustrializing the American manufacturing sector.

At a moment when adversaries expand their arsenals daily and America’s energetics enterprise has fallen dangerously behind, UNION exists to reforge the West’s backbone: a stockpile of American super-factories designed to win wars without firing a shot.

This sector has been in elegant decay, plagued by a lack of innovation and sophistication, dominated by outdated technologies and entrenched legacy players who have failed to adapt, eroding their credibility and trust currency with Americans and our allies around the globe.

UNION’s Factories-as-a-Stockpile™ model represents a new doctrine for national security manufacturing. Alongside former Tesla and Anduril engineers, the UNION team has fused software-driven autonomous robotics with precision manufacturing and continuous improvement practices.

Their initial focus will be on munitions production — restoring America’s ability to scale capacity on demand and secure sovereign supply chains.

“UNION factories are the new arsenal of deterrence for America. Our factories are smarter and faster–our supply chains resilient,” said Will Somerindyke, Co-Founder and CEO of UNION. “We have designed factories that are software-driven, where each component of every line will speak to each other as a neural network and leverage reinforcement learning. Our factories will talk to each other, and eventually, build themselves, anywhere on this planet or any other. With this Tesla-inspired manufacturing capacity applied to munitions as our first SKU, we will quickly become the most lethal national security resource available to the USG or allies— not just factories, but strength. Not just munitions, but deterrence. Not just deterrence, but peace.”

Since forming in Q4 2024, UNION has moved with deliberate speed, achieving key milestones:

Avoided Long Lead Times: Pre-ordered heavy manufacturing machinery in Q1 2024, months ahead of formation.

Deployed Three Breakthrough Technologies: Developed Faction™ (Factory Operating System), Fabric™ (SCADA, reimagined for secure, autonomous manufacturing), and Factorial™ (Factory Site Intelligence Engine)

Factory Development: Initiated engineering of the first production line for high-demand munitions SKUs, including 155mm–107, 795, and 120mm metal components.

Forged Strategic Partnerships: Secured strategic partnership agreements and LOIs with NATO and non-NATO U.S. Allies to support allied defense restockpiling efforts.

Campus Buildout: Launched development of Factory-1, Line-1 (F1, L1) in Dallas, TX — purpose-built for continuous improvement and software-driven manufacturing operations.

Elite Engineering Team: Onboarded top-tier talent from Tesla, Anduril, and General Dynamics across engineering, robotics, artillery, and other manufacturing disciplines.

Secured Sovereign Supply Chains: Established near-peer-proof sourcing pipelines for critical materials to reinforce factory operations and scalability.

Veteran-Led: Built a leadership core composed of U.S. Navy (NSW, Nuclear), Marine Corps, and Army veterans, including U.S. Marine, Co-Founder Jon Reiland, UNION’s first employee.

The company’s first factory, initial line, and first suite of SKUs — including 155mm–107, 795 variants, and 120mm munitions — are now underway, representing a self-reinforcing arsenal capable of scaling rapidly to meet current stockpile demands and future deterrence needs.

“America should never encounter a fair fight. We have this decade to win the next century of deterrence — we must forge steel in America once again,” said Joe Musselman, Co-Founder and Chairman of UNION, and Managing Partner of BVVC. “Victory in the next 100 years will belong to a new generation of leadership — gritty engineers, builders, and doers, the patriotic founders, who focus on the problem sets that manufacture in the physical world, providing peace through strength. The safety of Americans will be won by production, not false promises or panel discussions. UNION will lead the way.”

As adversaries race to outbuild and outrange the United States and its allies, UNION stands as a declaration: America will not be outbuilt. America will not be outmatched. America will be a titan again.

About UNION Technologies
UNION Technologies is reindustrializing America’s defense manufacturing base with a next-generation software-driven Factories-as-a-Stockpile™ model, integrating advanced robotics and continuous improvement manufacturing into sovereign factory systems at scale. Headquartered in Dallas, Texas, UNION is dedicated to restoring America’s industrial strength and guaranteeing deterrence for the century ahead.

For more information, please visit https://union.tech/ and connect on LinkedIn.

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SOURCE UNION Technologies

Technology

Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

Published

14 hours ago

June 2, 2026

LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets.

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades.

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes.

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.”

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.”

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg L.P.

Technology

Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

Published

14 hours ago

June 2, 2026

SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

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SOURCE TeraWatt Technology Inc.

Technology

Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

Published

14 hours ago

June 2, 2026

HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

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SOURCE Tencent Cloud