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Novity, a Leading Provider of Predictive Maintenance for Process Industries, Announces Strategic Investment from Acario Innovation

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SAN FRANCISCO, May 20, 2026 /PRNewswire/ — Novity, the leading predictive maintenance platform for process industries, announced a strategic investment from Acario Innovation (“Acario”) the corporate venture capital division of Tokyo Gas. Tokyo Gas is simultaneously the largest gas utility in Japan and a globally diversified energy company with businesses spanning LNG, natural gas, electricity, and energy solutions serving over 13 million customer accounts.

The investment supports Novity’s expansion of its TruPrognostics platform, a hybrid AI and physics-based software solution that was spun out of Xerox PARC, the storied Silicon Valley R&D lab. Novity’s technology provides unmatched accuracy in early detection of faults in industrial equipment, with actionable leads times for any form of machinery, from compressors, to pumps, fans, induction motors and beyond.

Natural gas operations rely heavily on high-availability assets in this class, many of which operate 24/7. If any of this equipment suffers from unplanned downtime or failures, it creates substantial safety risk to personnel and disrupts supply, leading to significant lost revenue and higher operating costs. Downtime losses for only the processing and compression assets responsible for increasing natural gas pressure prior to pipeline transportation can easily exceed $500,000 per hour. Applying Novity’s AI in this category alone has demonstrated significant improvements to reliability, safety and maintenance efficiency for Fortune 500 operators in avoiding these issues with accurate early detection. While Tokyo Gas downstream customers are mainly located in Japan, the company has steadily expanded its upstream operations globally, with a significant presence in the United States. Through its Tokyo Gas Natural Resources subsidiary (“TGNR”), the company is consistently one of the largest producers in the Haynesville Shale, following the Chevron JV in 2025 and the Rockcliff Energy acquisition announced in 2022 and integrated thereafter.

With the unprecedented growth in power demand for AI data centers, reliability has become a major concern further downstream from natural gas supply. Operators are prioritizing speed to power, which has created a surge in behind-the-meter (BTM) power projects. Nearly 20GW in BTM power generation was announced in ERCOT alone in 2025 (35% of nationwide), with another 10GW through April of 2026. The majority of these assets are gas-fired turbines, which require a high level of reliability to ensure the onsite power is dispatchable. Novity is well positioned to provide stability and uptime in this asset class and the associated hybrid configurations that utilize battery storage.

“This investment reflects a shared conviction that AI-based predictive maintenance is now a foundational capability for critical energy infrastructure through the supply chain,” said Markus Larsson, Co-Founder and CEO at Novity. “We’re aligned on evaluating high-impact equipment use cases — starting with compression — where earlier detection and Remaining Useful Life Prognostics materially improves uptime and operational performance.”

“Improving reliability and operational efficiency across a diverse asset base is one of our core priorities,” said Kenji Maeda, CEO at Acario. “Predictive maintenance has historically been difficult to achieve, but we believe that with Novity’s hybrid AI solution, plant managers don’t just get anomaly alerts and alarms, but instead an actionable fault diagnosis and a precise failure timeline, often providing the ability to act months before issues arise.. We believe Novity is a powerful solution to address maintenance challenges in this regard, with the potential to support a wide range of industrial customers operating equipment in both field and factory environments.”

Novity’s goal is to enable all process industries to finally transition away from fixed maintenance schedules – starting with oil and gas infrastructure. To accomplish this, Novity’s platform uses a proprietary combination of physics-based models, machine learning, and AI, to detect early signals of developing equipment issues, translate them into actionable insights for reliability and maintenance teams, and avoid unplanned downtime events.

While the industry has previously attempted to solve these problems with wireless single sensors, the approach effectively limits operators to condition monitoring. By contrast, Novity is sensor agnostic and combines multiple types of data from multiple types of sensors, from acoustic emissions, temperature, mass, current, cavitation, open and close times for values and much more. Novity processes this data in its algorithms to drive actionable maintenance plans for operators by predicting specific dates for equipment failures that are updated dynamically in real time, with 90% or higher detection accuracy rates routinely observed in production.

Acario’s investment follows previous investment from Myriad Ventures, WERU Investment, Japan’s first university originated independent asset management company, and Metawater, a water and environmental engineering company that was formed as a joint venture of Fuji Electric and NGK Insulators.

About Novity

Novity provides truly predictive intelligence purpose-built for industrial reliability teams in the energy and process industries. The company’s TruPrognostics AI platform combines physics-based models, machine learning, and contextual AI to diagnose faults, forecast remaining useful life, and recommend specific maintenance actions for rotating machinery and other industrial assets. Every model is transparent about what it can detect, what data it needs, and where its limits are. Novity works with data customers already collect, with diagnostic true positive rates routinely above 90% and proven deployments across upstream and midstream oil and gas, LNG terminals, and wastewater operations.

Learn more: www.novity.us

About Tokyo Gas Co., Ltd.

Founded in 1885, Tokyo Gas Co., Ltd. is Japan’s largest provider of city gas primarily in the Tokyo metropolitan area and surrounding Kanto region. Since the liberalization of Japan’s electricity market, it has also been providing electricity in the same area. As of its group’s management vision “Compass2030,” Tokyo Gas promotes the challenge of achieving “Net-Zero CO2” and will lead the transition to a carbon-neutral society.

For more information about Tokyo Gas, visit www.tokyo-gas.co.jp.

About Acario Innovation LLC.

Founded in 2017 and headquartered in Silicon Valley, Acario Innovation LLC is the corporate venture capital and open innovation division of Tokyo Gas Co., Ltd. The name “Acario” comes from the word “Akari,” which means “light” in Japanese. Acario is focused on funding market leading companies in the new energy economy, sustainability and digital transformation sectors, including mobility, energy storage, and next-generation customer and energy services. As a dedicated subsidiary of Tokyo Gas, Acario plays a key role on the path to Compass 2030, as outlined by Tokyo Gas.

For more information about Acario, visit www.acarioinnovation.com

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Nuveen Prices Senior Notes Offerings

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NEW YORK, Sept. 22, 2026 /PRNewswire/ — Nuveen, LLC (“Nuveen”) announced today the pricing of (1) an offering (the “GBP Offering”) of £550 million aggregate principal amount of 6.052% Senior Notes due 2031 (the “2031 GBP Notes”), and (2) an offering (the “USD Offering”) of $2 billion aggregate principal amount of Senior Notes which were offered in three series: (i) a series of 5.572% Senior Notes due 2029 in an aggregate principal amount of $750 million (the “2029 USD Notes”), (ii) a series of 5.738% Senior Notes due 2031 in an aggregate principal amount of $750 million (the “2031 USD Notes”) and (iii) a series of 6.063% Senior Notes due 2036 in an aggregate principal amount of $500 million (the “2036 USD Notes” and, together with the 2031 GBP Notes, the 2029 USD Notes and the 2031 USD Notes, the “Notes”).

Nuveen intends to use the net proceeds for general corporate purposes, which may include, among other things, to fund a portion of the cash consideration for Nuveen’s acquisition (the “Acquisition”) of Schroders plc and to pay fees and expenses related to the Acquisition and to this offering.

The Notes will be unsecured, senior obligations of Nuveen. The 2031 GBP Notes will mature on September 25, 2031, the 2029 USD Notes will mature on September 25, 2029, the 2031 USD Notes will mature on September 25, 2031 and the 2036 USD Notes will mature on September 25, 2036.

The closing of the GBP Offering is not contingent on the closing of the USD Offering, nor is the closing of the USD Offering contingent on the closing of GBP Offering.

The Notes were offered only to (i) persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and (ii) certain non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act or any state securities laws and therefore may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Nuveen

Nuveen, a TIAA Company, is a global investment leader, managing $1.4 trillion in public and private assets for clients around the world, as of June 30, 2026. With broad expertise across income and alternatives, we invest in the growth of businesses, real estate, infrastructure, and natural capital, providing clients with the reliability, access, and foresight unique to our 125+ year heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors — all to pursue lasting performance for our clients, our communities, and our global economy.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward- looking statements” are, among other things, statements regarding Nuveen’s business strategy, plans and objectives, including the use of proceeds from the offering. Though Nuveen believes that the expectations reflected in these “forward-looking statements” are reasonable, they are inherently uncertain and involve a number of risks and uncertainties beyond Nuveen’s control. In addition, assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied in “forward-looking statements” as a result of a variety of factors. These “forward-looking statements” speak only as of the date made, and other than as required by law, Nuveen undertakes no obligation to update or revise any “forward-looking statement” or provide reasons why actual results may differ, whether as a result of new information, future events or otherwise.

Media Contact
Sally Lyden | Sally.Lyden@nuveen.com

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UTulsa rises to Top 75 private research university in U.S. News rankings

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TULSA, Okla., Sept. 22, 2026 /PRNewswire/ — The University of Tulsa is ranked a Top 75 private research university, according to the 2027 U.S. News & World Report’s Best College report released Tuesday. The publication also ranks UTulsa the No. 1 best value for higher education in the state of Oklahoma.

Academic excellence and outstanding outcomes drive UTulsa’s recognition as a leading small, private research university.

UTulsa advanced 10 places in overall rank for national universities, increased 16 spots in undergraduate engineering programs, jumped 57 positions in undergraduate computer science programs, climbed 26 places in undergraduate business programs and rose eight spots among the best colleges for veterans.

The University of Tulsa remained No. 3 for undergraduate petroleum engineering programs among all national universities and No. 1 in Oklahoma.

Earlier this year, UTulsa took the bold step to increase access to academic excellence by announcing that the annual undergraduate rate for tuition and required fees will be set at $25,000 beginning in fall 2027. Additionally, new undergraduates will have that rate locked in for at least four years. And once students factor in merit- and need-based financial aid, most will pay even less than the published cost. This move makes The University of Tulsa the most affordable private research university in the nation’s heartland.

U.S. News collected data for the 2027 report before UTulsa made its tuition announcement, signaling that future best value rankings will continue an upward trajectory once the new pricing structure is fully considered.

Tuesday’s rankings news is just the latest of many accolades UTulsa has acquired this year, including:

Named No. 11 in the country for best student experience by the Wall Street JournalRated the top university in Oklahoma by WalletHubRecognized by Money magazine for highest median income for recent grads in Oklahoma

According to Niche.com, students who receive a bachelor’s degree from The University of Tulsa report a median starting salary of $58,279.

“While student experience and post-graduation outcomes will always be our primary focus, these and other rankings confirm that we are a university on the rise. We are on the right track and poised for growth and more significant impact in the near and long term,” said President Stacy Leeds. “Today’s announcement highlights the outstanding achievements of our students, the dedication of our faculty and staff and the generosity of donors who provide opportunity at every turn.”

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SOURCE The University of Tulsa

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Streem Welcomes Back Tess Fezzuoglio as Commercial Director to Lead Next Phase of Growth

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SYDNEY, Sept. 23, 2026 /PRNewswire/ — Streem is pleased to announce the return of Tess Fezzuoglio, who rejoins the business as Commercial Director to lead the next phase of commercial growth.

Having previously been part of Streem’s early growth from 2020 to 2022, Fezzuoglio returns to Streem armed with international experience, a fresh perspective and a deep understanding of the industry to continue Streem’s expansion.

Tess brings over 11 years of experience in the media intelligence industry, having spent the last 4 years in London at Onclusive, leading Northern Europe’s commercial arm.

In her new role, Fezzuoglio will oversee Streem’s commercial operations and client strategy, continuing to drive expansion across corporate, government, and agency sectors in Australia and New Zealand.

“I’m incredibly excited to be coming back to Streem. Having spent the last few years on the other side of the world, working across the UK and Europe, I can honestly say it has only reinforced how special Streem is. The product truly is the best in the market, and seeing the landscape from the outside has given me an even greater appreciation for what Streem has built, and excited for what’s to come for our customers,” said Tess Fezzuoglio.

“I’m really looking forward to reconnecting with familiar faces and rolling up my sleeves to help drive the next stage of growth alongside such a talented team”.

Senior Vice President for APAC at Cision, Royce Shih, said, “We are thrilled to have Tess re-join Streem, bringing her wealth of international experience, strategic vision, and proven leadership back home to Streem.”

“Her deep understanding of Streem’s roots, combined with the global expertise she has gained, makes her uniquely positioned to guide our commercial teams into our next phase of growth.”

Tess’s appointment is effective immediately.

About Streem

Streem is a leading provider of media intelligence solutions in Australia and New Zealand, empowering organisations to make informed decisions and drive business success through realtime content and insights. Streem is part of Cision, the global leader in PR and marketing communications technology.

For media inquiries, please contact:
Streem 
marketing@streem.com.au

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