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Unlocking innovation: Endeavour Energy and mPrest expand partnership to enhance management of community batteries

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SYDNEY and TEL AVIV, Israel, May 5, 2025 /PRNewswire/ — Endeavour Energy and mPrest today announced the expansion of their strategic collaboration to deliver a dynamic market-network approach to energy storage and flexibility which enables customers, retailers and networks to work together to maximise the value of local energy resources.

 

At the heart of this expanded partnership is the broader deployment of mPrest’s Distributed Energy Resource Management System (mDERMS), which enables real-time monitoring and control of Endeavour Energy’s growing fleet of community batteries.

The mDERMS platform enables real-time optimisation of both network assets and customer-owned technologies such as rooftop solar and batteries, with advanced visibility, forecasting, and control over local demand, generation, and grid constraints – supporting smarter use of locally generated renewables while enhancing power quality, reliability, and energy flow efficiency.

By providing real-time data access to energy retailers and aggregators, the platform creates opportunities for innovative new products that expand customer choice, flexibility, and engagement to enhance participation in broader energy markets, helping to maximise customers’ use of renewable energy and strengthen grid stability.

Endeavour Energy has already deployed mDERMS to oversee its community microgrid and Virtual Power Plant (VPP) in Bawley Point and Kioloa on the NSW South Coast. This next phase will scale those capabilities to support one of New South Wales’ largest community battery initiatives.

In partnership with the Australian Government, Endeavour Energy is deploying the largest community battery program in NSW and is nearing completion in the rollout of 76 community batteries across 33 suburbs to give households access to more affordable, sustainable energy through shared renewable storage.

The integration of MPrest’s mDERMS solution will mark another significant step toward a smarter, more sustainable energy future for Endeavour Energy customers by supporting innovation and creating more flexibility in local energy markets.

Quotes attributable to Endeavour Energy

Endeavour Energy’s General Manager Future Grid and Asset Management, Colin Crisafulli: “Our vision is to lead the transition to smarter, more sustainable energy solutions which provide our customers with greater choices and access to renewable energy options for a more sustainable energy future.In partnership with the Federal Government, we are delivering the largest community battery program in NSW, and this extended partnership with mPrest will further enhance local grid resilience by increasing Customer Energy Resources hosting capacity as well as providing opportunities for retailers and aggregators to desing new products and services for our customers.” 

Quotes attributable to mPrest

mPrest Chief Executive Officer Natan Barak: echoed this sentiment, noting that the development of this critical use case demonstrates the depth of collaboration between both companies. “Now is the time for transformative change in the energy landscape, and we are proud to partner with Endeavour Energy to empower communities for a sustainable energy future,” he said. Additionally, this distinct use case highlights additional mDERMS capabilities, providing support and advantages for utilities, VPPs, retailers, C&I sectors, and customers alike. 

mPrest Chief Commercial Officer Ron Halpern: highlighted the significance of the Australian market, “We are honoured to play a pivotal role in supporting Australia’s leading renewable energy sector through key initiatives such as Endeavour Energy’s microgrid and community battery projects. As the global market evolves, Australia’s advancements in renewable CER/DER and DERMS will serve as a model for others to follow.” 

Media enquiries:
•  Endeavour Energy: 0409 664 608 CorporateComms@endeavourenergy.com.au
•  mPrest: info@mprest.com  

About Endeavour Energy 
Endeavour Energy is one of Australia’s most efficient electricity distribution networks, powering NSW’s fastest growing economies and sustaining the jobs and lifestyles of 2.7 million Australians, living, and working in Central West NSW, The Blue Mountains, Greater Western Sydney, Southern Highlands, Illawarra and South Coast of NSW.

Since 1890, we have expanded our footprint to be at the forefront of Australia’s energy industry in integrating traditional and renewable energy sources to deliver a smarter, cleaner, affordable and more reliable energy system, with clear commitments and pathways to creating sustainable value for customers and communities. Endeavour Energy is committed to decarbonising the grid by 2035. Our mission is to leverage the latest technology and data to plan the grid of tomorrow where batteries, microgrids and solar integrate seamlessly with the traditional distribution network to power communities for a brighter future.

About mPrest 
Leveraging its unparalleled experience and expertise in real-time mission-critical command and control software, mPrest has developed the world-leading distributed asset orchestration and optimization software. mPrest’s micro-services based, real-time orchestration and optimization platform brings the power of AI and IoT to the digital transformation of the energy and other industrial IOT markets. mPrest’s applications suite, including Distributed Energy Resources Management Systems (DERMS) and Asset Health Management (AHM) are deployed on premise or in the cloud in record time in the most forward-looking and efficient organizations worldwide, including some of the world’s largest energy companies. mPrest’s vendor-agnostic product suite interfaces with millions of sensors, devices, machines, assets, subsystems, IT and OT applications, creating a system of systems that provides end-to-end visibility and control over complex and distributed operations. Visit us at www.mprest.com.

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SOURCE mPrest; Endeavour Energy

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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Amy Johnson Appointed President of GDIT

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

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SOURCE General Dynamics

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Yazan Al Homsi Invests US$500,000 in Toronto Drone Maker Arcanus Aerial Systems

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Private investment comes as Arcanus builds out Canadian manufacturing capacity for autonomous aerial systems

DUBAI, UAE, Oct. 23, 2026 /PRNewswire/ — Yazan Al Homsi, a UAE-based investor and managing partner of Catalyst Communications DMCC, has invested US$500,000 in Arcanus Aerial Systems Inc., a Toronto-headquartered developer and manufacturer of unmanned aerial systems for defence, public safety and critical infrastructure customers. Al Homsi is an investor only and holds no operational, advisory or board role with the company. Other terms were not disclosed.

Arcanus is a Canadian-controlled company. It currently lists more than 15 platforms across heavy-lift, intelligence, surveillance and reconnaissance (ISR), cargo, strike and counter-drone missions. According to the company, its published line-up includes:

AB 516e: a long-endurance vertical take-off fixed-wing aircraft rated for three hours of flight.AE 401: a counter-drone interceptor with a top speed of 300 km/h.AC 5250: a cargo platform with a 250 kg payload and a range of more than 2,300 km.

Alongside defence, Arcanus markets its systems for wildfire detection, search and rescue, Arctic sovereignty, border and maritime patrol, and pipeline and power line monitoring.

The company has spent 2026 assembling its domestic production base. In April, Arcanus signed a binding term sheet with Portugal-based Beyond Vision, granting it rights to manufacture, commercialize and support Beyond Vision’s unmanned aerial systems in Canada.

In June, Arcanus announced a five-year agreement appointing FeralX Systems Inc. as a non-exclusive Canadian contract manufacturer for several of its platforms.

“Canada has the engineering talent to build these systems at home, and recent years have shown how much depends on having that capacity domestically,” said Yazan Al Homsi. “What stood out to me about Arcanus was the manufacturing groundwork already in place: licensing, a production partner, and a range of aircraft that serves wildfire crews and search-and-rescue teams alongside defence customers.”

About Yazan Al Homsi

Yazan Al Homsi is a UAE-based investor and managing partner of Catalyst Communications DMCC, which he founded in Dubai in 2018. He was previously based in Vancouver, where he founded Founders Round Capital in 2017 and built a track record of investments in early-stage and small-cap companies. He earned a finance degree from McGill University in 2004 and holds the Chartered Financial Analyst designation. Before turning to investing, he spent more than a decade with PricewaterhouseCoopers in the Middle East, rising to director and focusing on transaction due diligence and valuation.

Media Contact
Catalyst Communications DMCC
catalyst-wire@protonmail.com

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SOURCE Yazan Al Homsi

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