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Karma Automotive to Present Kaveya Supercar and Engage a Global Dialogue on the Future of Collectible Value at Hong Kong Web3 Festival

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IRVINE, Calif., April 21, 2026 /PRNewswire/ — Karma Automotive, America’s only ultra‑luxury vehicle manufacturer, is participating in the Hong Kong Web3 Festival from April 20-23, where the company is presenting the Karma Kaveya, its flagship supercar, and engaging global media, investors, and industry leaders in a forward‑looking discussion on how value creation and collectability are evolving in the automotive sector.

As part of the program, Marques McCammon, President and Chief Executive of Karma Automotive, will participate in a panel discussion with leaders in blockchain infrastructure and asset tokenization including Nazmus Saquib, Chief Executive Officer of Oak Network. The panel will explore how real‑world assets—such as automobiles—may responsibly integrate with digital networks as regulatory frameworks continue to mature.

Karma Automotive’s participation takes place against the backdrop of a rapidly expanding digital asset economy. The global cryptocurrency market today represents more than $2.5 trillion in aggregate market value, reflecting broad global adoption of blockchain‑based networks, tokens, and digital value exchange. While this market does not yet directly represent the widespread tokenization of physical assets, it demonstrates the scale, liquidity, and consumer familiarity that digital networks have already achieved.

At the same time, digitally native industries such as esports, online gaming, and online betting—each exceeding $100 billion in annual global activity—have normalized the idea that value can be created, exchanged, and tracked digitally at scale. These markets illustrate how younger generations engage with assets, rewards, and scarcity in environments governed by transparent, rules‑based systems.

Within this context, Karma Automotive is in development of a network token in collaboration with Oak Network, a Web3 infrastructure startup backed by Andreessen Horowitz, one of the world’s leading venture capital firms. The token under exploration is intended to function as a digital network participation mechanism.

The proposed network token would reflect verified transaction activity occurring within Karma Automotive’s ecosystem, as well as agentic AI-based transactions that occur within the vehicle ownership experience that are managed using blockchain computing. Karma has emphasized that legal and regulatory policies surrounding asset tokenization are still evolving, and any future implementation will be structured in compliance with applicable laws and regulatory guidance.

While the tokenization of organizational workflows remains an untapped frontier, it offers significant potential for enterprise efficiency. As AI agents begin to manage complex industrial workloads, Oak Network and Karma are developing an agentic framework for automotive health data. This solution will leverage the Karma token to facilitate:
AI compute and analysis, powering real-time assessments of vehicle health and resale valuation; immutable records, generating transparent, permanent public records on the blockchain; and operational settlement, using tokens to compensate agents for on-chain data entry and verified workloads. This model serves as a scalable blueprint for tracking and remunerating autonomous operational activities through decentralized assets.

Importantly, the network token is not designed to represent ownership in a vehicle or in Karma Automotive itself. Rather, it is envisioned as a digital mechanism that reflects participation and transactional value across a broader network—separate from but related to the business of the physical vehicle—providing a reward to owners and a new way for clients to engage with the brand’s ecosystem.

The Karma Kaveya, presented at the Hong Kong Web3 Festival, represents both the flagship of the Karma brand and the flagship of its technological direction. As announced by Karma Automotive in February, the Kaveya is expected to be the first vehicle in North America to feature solid‑state battery technology, marking a significant milestone in energy density, performance, and next‑generation vehicle architecture.

Kaveya’s presence at the festival underscores Karma’s commitment to integrating next‑generation technologies with next‑generation ultra‑luxury products. While the company continues to honor the craftsmanship, design, and performance that define the ultra‑luxury segment, it is also engaging with how digital networks, blockchain infrastructure, and emerging ownership models may shape the future of collectability.

“As an American ultra‑luxury manufacturer, we believe our role is to innovate on what modern collectability looks like,” said McCammon. “That means pairing groundbreaking physical technology—like solid‑state batteries—with a thoughtful exploration of how digital ecosystems can responsibly coexist with physical assets. Our first step – allowing clients to reserve and purchase with USDC stablecoin – was completed last year. Now we are looking to what’s next.”

By participating in the Hong Kong Web3 Festival and engaging openly with industry experts, regulators, and technology partners, Karma Automotive aims to contribute to a transparent, forward‑thinking dialogue around how ultra‑luxury vehicles, digital networks, and evolving value systems may intersect in the years ahead.

About Karma Automotive

Karma Automotive is America’s only full-line ultra-luxury vehicle manufacturer, and a pioneer of Hybrid EREV (Extended Range Electric) vehicles which it manufactures at its Karma Innovation and Customization Center (KICC) in Moreno Valley, CA. Its Executive, Product Development, and Design headquarters are located in nearby Irvine, CA. The Karma portfolio embodies California’s spirit of innovation and entrepreneurial boldness, reflected by the signature Comet Line which is the central hallmark of Karma’s new design language. Sales of the 3rd Generation Karma Revero sport sedan, the world’s first luxury Hybrid EREV plug-in, and its performance-tuned stablemate, Revero Invictus, are now underway in the USA and EU, offering luxury balanced with conscientiousness delivered without compromise. The Gyesera Grande Coupé, a Hybrid EREV four-seater, is due in Q2 2026; and the Amaris GT Coupé Hybrid EREV arrives in Q4 2026. The Karma Kaveya super-coupe, with over 1,000HP and butterfly-doors, will arrive in Q4 2027, and the Karma Ivara GT-UV will arrive in 2028: both EVs will incorporate SDVA (Software-Defined Vehicle Architecture) developed with leading technology partners. For more information, visit www.karmaautomotive.com) 

Media Contact:
Joe Richardson, Beautiful Noise PR
joe@beautifulnoisepr.com

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PlanetiQ Selected for NOAA’s Space-Based Environmental Monitoring IDIQ

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43 minutes ago

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September 11, 2026

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Selection builds on PlanetiQ’s long-standing relationship with NOAA and adds thermospheric neutral density to its environmental data offerings

GOLDEN, Colo., Sept. 11, 2026 /PRNewswire/ — PlanetiQ, a leading provider of commercial satellite-based environmental data, today announced that it has been selected as an industry partner under NOAA’s new Space-Based Environmental Monitoring (SBEM) Indefinite Delivery, Indefinite Quantity (IDIQ) contract. Through the SBEM IDIQ, PlanetiQ will be eligible to compete for task orders to provide NOAA with two types of commercial environmental data: Global Navigation Satellite System-Radio Occultation (GNSS-RO) observations for atmospheric profiling and ionospheric monitoring, and thermospheric neutral density data for satellite orbit prediction.

“This selection builds on our long-standing partnership with NOAA and expands the ways our data can support the agency, from high-resolution atmospheric and ionospheric observations to thermospheric neutral density for satellite orbit prediction,” said Ira Scharf, CEO of PlanetiQ.  

The SBEM IDIQ, established by NOAA’s National Environmental Satellite, Data, and Information Service (NESDIS) through its Commercial Data Program. The contract has a five-year base period followed by a five-year option and is effective from September 1, 2026, through August 31, 2036.

Under SBEM, PlanetiQ will provide data from its existing satellite constellation as well as additional satellites planned for launch later this year. The company’s GNSS-RO observations provide high-resolution atmospheric profiles for numerical weather prediction and measurements of the ionosphere, including Total Electron Content (TEC) and scintillation. PlanetiQ will also introduce thermospheric neutral density data as a new commercial data product for NOAA NESDIS, supporting improved satellite orbit prediction and space-weather applications.

“PlanetiQ has built its business around delivering high-quality GNSS-RO data with the precision needed to improve weather forecasting,” said Ira Scharf, CEO of PlanetiQ. “This selection builds on our long-standing partnership with NOAA and expands the ways our data can support the agency, from high-resolution atmospheric and ionospheric observations to thermospheric neutral density for satellite orbit prediction. We look forward to continuing to work with NOAA to advance weather forecasting and space weather applications.”

Per NOAA’s own press release, NOAA is expanding its procurement and use of new commercial environmental satellite data streams that will enhance weather forecasting and space weather monitoring. The SBEM IDIQ contract is a key part in the agency’s ongoing effort to boost U.S. weather forecasting capabilities.

PlanetiQ currently provides GNSS-RO data to NOAA NESDIS under the agency’s previous commercial data contract vehicle. The company’s most recent task order, announced in August, provides GNSS-RO and ionospheric data and bridges the transition to the new SBEM contract.

About PlanetiQ

PlanetiQ provides the highest-quality GNSS radio occultation (RO) data available from a commercial constellation of satellites, offering unmatched temporal and spatial resolution. The data drive accurate, high-impact weather and climate forecast models, helping improve Numerical Weather Prediction and AI forecasts, safeguard lives and property from severe weather. In 2025, PlanetiQ was awarded NOAA’s largest-ever contract for satellite weather data, valued at $24.3 million. PlanetiQ is a space-tech company that serves the most mission-critical government, defense, and industry leaders, including international weather agencies, enabling more resilient operations across sectors. Founded in 2015 and privately owned, PlanetiQ designs, builds, and operates the preeminent commercial constellation of GNSS-RO satellites, setting the standard for precision and reliability in atmospheric monitoring. For more information, contact info@planetiq.com

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SOURCE PlanetiQ

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New Bloomberg Tax Projections Give Tax Professionals an Early Start on 2027 Planning

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43 minutes ago

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September 11, 2026

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ARLINGTON, Va., Sept. 11, 2026 /PRNewswire/ — Bloomberg Tax & Accounting released its 2027 Projected U.S. Tax Rates, which indicates a 3.2% increase in inflation from 2026 (compared to the 2.7% increase from 2025). The full report is available at https://aboutbtax.com/bmN8.

Bloomberg Tax’s annual Projected U.S. Tax Rates Report provides early, accurate notice of the potential tax savings that could be realized due to increases in deduction limitations, upward adjustments to tax brackets, and increases to numerous other key thresholds.

In an unprecedented event, the Bureau of Labor Statistics did not report the data from October of 2025. Thus, the C-CPI-U has been computed on an 11-month average.

The report accounts for several new adjustments made under the One Big Beautiful Bill Act (OBBBA) that affect tax planning for taxpayers in 2027 and beyond. For corporate taxpayers and passthroughs, they include an adjustment to the employer-provided child care credit, initially enhanced by the OBBBA. It also includes an adjustment to the threshold for information at source reporting requirements, which was initially increased by the OBBBA. For individuals, the report includes varied income tax rates with steeper adjustments for lower brackets.

“Tax professionals are being asked to make consequential planning decisions amid constant policy change and growing complexity,” said Evan Croen, head of Bloomberg Tax & Accounting. “By providing trusted projections before official figures are released and carrying those updates directly into the tools where professionals work, we can help them move from information to action sooner and spend more time applying their expertise to the decisions that matter most.”

The updated rates flow directly into Bloomberg Tax’s innovative software solutions including Bloomberg Tax Provision, Bloomberg Tax Fixed Assets, and Bloomberg Tax Workpapers. This is an example of the power and efficiency of Bloomberg Tax & Accounting’s integrated suite of solutions, which modernizes the corporate tax process, from data collection to tax calculations that power key deliverable.

Other key adjustments, with comparisons of the 2026 amounts and 2027 projections, include:

Individual Income Tax Rate Brackets 

Married Filing Jointly and Surviving Spouses

2026 Tax Rate Bracket Income Ranges

Projected 2027 Tax Rate Bracket Income Ranges

10% – $0 to $24,800

10% – $0 to $25,600

12% – Over $24,800 to $100,800

12% – Over $25,600 to $104,050

22% – Over $100,800 to $211,400

22% – Over $104,050 to $218,250

24% – Over $211,400 to $403,550

24% – Over $218,250 to $416,650

32% – Over $403,550 to $512,450

32% – Over $416,650 to $529,100

35% – Over $512,450 to $768,700

35% – Over $529,100 to $793,650

37% – Over $768,700

37% – Over $793,650

Unmarried Individuals (other than Surviving Spouses and Heads of Households)

2026 Tax Rate Bracket Income Ranges

Projected 2027 Tax Rate Bracket Income Ranges

10% – $0 to $12,400

10% – $0 to $12,800

12% – Over $12,400 to $50,400

12% – Over $12,800 to $52,025

22% – Over $50,400 to $105,700

22% – Over $52,025 to $109,125

24% – Over $105,7000 to $201,775

24% – Over $109,125 to $208,325

32% – Over $201,775 to $256,225

32% – Over $208,325 to $264,550

35% – Over $256,225 to $640,600

35% – Over $264,550 to $661,375

37% – Over $640,6000

37% – Over $661,375

Standard Deduction

Filing Status

2026

Standard Deduction

Projected 2027

Standard Deduction

Married Filing Jointly/Surviving Spouses

$31,500

$33,200

Heads of Household

$23,625

$24,925 ($24,950)

All Other Taxpayers

$15,7500

$16,600

Alternative Minimum Tax (AMT)

Filing Status

2026

AMT Exemption Amount

Projected 2027

AMT Exemption Amount

Married Filing Jointly/Surviving Spouses

$140,200

$144,700

Unmarried Individuals

(other than Surviving Spouses)

$90,100

$93,000

Married Filing Separately

$70,100

$72,350

Estates and Trusts

$31,400

$32,500

About Bloomberg Tax

Bloomberg Tax delivers a comprehensive suite of solutions designed to help tax and accounting professionals navigate a complex global landscape. By combining practitioner-driven insights with intelligent, AI-powered tools, we provide the expertise you need to ensure compliance, streamline workflows, and drive strategic decision-making. Our integrated solutions simplify intricate calculations and adapt to changing regulations in real time, empowering your organization to mitigate risk, optimize tax strategies, and achieve measurable results with confidence and precision.

Bloomberg Tax is part of Bloomberg Industry Group, an affiliate of Bloomberg L.P., a global leader in business and financial information, data, news, and insights.

For more information, visit bloombergtax.com.

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SOURCE Bloomberg Tax

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o15 Capital Partners Announces Realization of $31 Million Senior Secured Credit Facility to Simplify Compliance

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43 minutes ago

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September 11, 2026

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ATLANTA, Sept. 11, 2026 /PRNewswire/ — o15 Capital Partners (“o15”), through its Emerging America Credit Opportunities (“EACO”) fund and its affiliates, is pleased to announce the successful exit of a $31 million senior secured credit facility provided to Simplify Compliance Holdings, LLC (“Simplify” or the “Company”), a diversified provider of B2B training, events, and subscription information backed by Leeds Equity Partners (“Leeds Equity”). Repayment followed the sale of the Company’s datacenterHawk business unit to S&P Global.

The successful realization reinforces o15’s continued conviction in the lower middle market, where disciplined underwriting, sector expertise, and close sponsor partnerships can drive strong investment outcomes. The facility provided flexible capital to support the Company’s strategic objectives and Leeds Equity’s ongoing value creation initiatives.

“Leeds Equity was an excellent partner throughout this investment, and the outcome speaks to their track record building durable businesses,” said Kenneth Saffold, co-CEO and Managing Partner at o15. “We were glad to underwrite behind the strength of Simplify’s digital-first product suite across compliance, workforce training, and data and information assets.”

“o15 was a thoughtful and responsive partner throughout this investment. Their speed and ability to tailor a solution to the Company’s needs were meaningful factors in our financing relationship,” said Chris Mairs, Managing Director at Leeds Equity.

The exit underscores o15’s differentiated investment approach, combining thoughtful structuring, sector expertise, and a focus on measurable impact. Business services and information platforms remain a core area of focus for o15, given the critical role these businesses play across the lower middle market.

About o15 Capital Partners

Based in Atlanta, o15 Capital Partners is an alternatives investment firm that provides growth capital to undercapitalized lower middle market businesses and communities in the Healthcare, Education and Business Services industries.

To learn more about o15 Capital Partners or discuss a new investment opportunity, please visit and follow us on LinkedIn, or reach out to a member of our investment team.

Disclaimer: The information herein should not be construed as investment advice or a recommendation of any security, investment, or investment strategy. References to this investment are for illustrative purposes only, are not representative of all investments made by o15, and should not be construed as a recommendation of any particular investment or investment strategy. Other investments made by o15 have had, and future investments may have different characteristics and results.

media@o15.com

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SOURCE o15 Capital Partners

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