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AMPAM Expands Integrated Services Platform with Acquisition of Coastal Fire & Integration Systems

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CARSON, Calif., June 11, 2026 /PRNewswire/ — AMPAM Parks Mechanical, Inc. (“AMPAM”), a portfolio company of Gemspring Capital and a California-based provider of integrated residential mechanical, electrical, and plumbing (“MEP”) solutions, announced today that it has acquired Coastal Fire & Integration Systems (“Coastal”), a San Diego-area provider of fire protection, low-voltage, and life safety systems. Terms of the transaction were not disclosed.

Founded in 2014 and headquartered in Poway, California, Coastal provides life safety and technology-based consulting, design, installation, inspection, and quality-control services for multifamily and mixed-use projects. The acquisition expands AMPAM’s integrated services platform, further strengthening the company’s ability to deliver comprehensive building infrastructure solutions for multifamily, hospitality, student housing, senior living, and mixed-use developments across California.

“Coastal has built a strong reputation for technical expertise, responsiveness, and trusted customer relationships, and we are pleased to welcome Denny and the Coastal team to AMPAM,” said Payman Farrokhyar, Chief Executive Officer of AMPAM. “This acquisition strengthens our integrated platform and supports our continued growth as a trusted partner to developers, builders, and clients throughout California.”

“We are excited to join AMPAM and begin this next chapter for Coastal,” said Denny Stover, Founder of Coastal Fire & Integration Systems. “Since our founding, we have focused on building a company grounded in quality, trust, and long-term relationships. AMPAM shares those values, and this partnership provides additional resources, capabilities, and opportunities for our team while allowing us to continue delivering the service and responsiveness our clients expect.”

As part of AMPAM, Coastal will continue to serve new and existing clients while gaining the scale and resources to grow its team and expand its capabilities.

About Coastal Fire & Integration Systems

Founded in 2014 and headquartered in Poway, California, Coastal Fire & Integration Systems offers life safety and technology-based consulting, design, and installation services. Coastal specializes in low-voltage networks and systems for multifamily and mixed-use projects and takes a hands-on, customized approach covering preconstruction, design, inspection, and quality control. Coastal has become a trusted partner in many facets of the industry.

About AMPAM

Founded in 1978 as a plumbing contractor, AMPAM has grown to be the leading provider of integrated Mechanical, Electrical, Plumbing, and Service solutions throughout California. Headquartered in Carson, California, AMPAM delivers comprehensive preconstruction, prefabrication, installation, and service solutions with a focus on safety, quality, innovation, and long-term client partnerships. For more information, visit www.ampam.com or follow AMPAM on LinkedIn.

About Gemspring Capital

Gemspring Capital, a Westport, Connecticut-based private equity firm with $5.1 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages. Target companies have up to $2.0 billion in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Contact: Alex Shakibnia, alex@gemspring.com

View original content:https://www.prnewswire.com/news-releases/ampam-expands-integrated-services-platform-with-acquisition-of-coastal-fire–integration-systems-302798011.html

SOURCE Gemspring Capital

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Hyperscale Data Confirms Production of First 30 Omnipresent Robotics OPR-R2 Humanoid Robots Has Begun

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Company Expects to Deploy First 30 OPR-R2 Humanoid Robots in Third Quarter of 2026 

LAS VEGAS, June 11, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary, Omnipresent Robotics, LLC (“Omnipresent Robotics”), has confirmed the beginning of production through its partner of the first 30 OPR-R2 humanoid robots and expects to begin receiving the components and assembling them for deployment at the Company’s Michigan AI data center campus (the “Michigan Campus”) in the third quarter of 2026.

The initial production represents the first phase of a broader initiative involving 143 OPR-R2 humanoid robots scheduled for deployment throughout the Michigan Campus. The robots are expected to operate from the Company’s planned 100,000-square-foot Robotics Research, Testing and Innovation Center and are intended to support the development of embodied artificial intelligence applications, autonomous workflows, and advanced robotics systems.

The initial 30 robots will be assigned to Omnipresent Robotics’ Model Training Laboratory (the “Laboratory”), where they will work side-by-side with AI infrastructure personnel and data center employees. The robots will assist with data collection, model training, simulation validation, facility operations, and the development of next-generation embodied AI systems.

The Laboratory is being designed to support the training, testing, and validation of advanced foundation models and frontier AI systems, including large language models, vision-language-action models, robotics foundation models, and other forms of physical AI. The Company believes the integration of humanoid robots with high-performance AI computing infrastructure will create a unique environment for developing and evaluating next-generation AI systems capable of operating in real-world environments.

As part of its broader embodied AI strategy, Hyperscale Data intends to utilize its Michigan Campus to generate large-scale real-world training data through Omnipresent Robotics and its fleet of humanoid robots. The Company believes that high-quality real-world data is essential to advancing the next generation of AI systems and robotics applications.

The Laboratory is expected to leverage advanced AI computing resources, including NVIDIA-based infrastructure, to support simulation, training, inference, and robotics workloads. The Company believes the combination of AI infrastructure, humanoid robotics, simulation environments, and real-world data collection will position its Michigan Campus as a significant center for embodied AI research, testing, and commercialization.

“We believe that physical AI is an incredibly important aspect in the future of artificial intelligence,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “While today’s leading AI models excel at reasoning, language, and content generation, tomorrow’s AI systems must be capable of understanding and interacting with the physical world. Our Michigan Campus is being developed to help bridge that gap by creating a large-scale environment where humanoid robots and advanced AI models can continuously learn, train, and improve.”

As additional robots are produced and eventually deployed, Hyperscale Data, through Omnipresent Robotics, expects to expand robotics activities across research, testing, training, logistics, facility operations, customer demonstrations, and commercial application development. The Company believes its Michigan Campus provides a unique opportunity to integrate AI infrastructure, robotics development, and high-performance computing into a single scalable platform.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyperscale-data-confirms-production-of-first-30-omnipresent-robotics-opr-r2-humanoid-robots-has-begun-302798498.html

SOURCE Hyperscale Data Inc.

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KTech Releases Technology State of the Union Report, Showcasing Knoxville’s Rise as a National Innovation Hub

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The Knoxville area is emerging as a leader in advanced energy, high-performance computing, and research commercialization due to a rare combination of assets that distinguish this region from other metropolitan areas.

KNOXVILLE, Tenn., June 11, 2026 /PRNewswire-PRWeb/ — The Knoxville Technology Council (KTech) has released its inaugural Technology State of the Union Report, an assessment of the Knoxville region’s technology economy and the forces shaping its future growth.

“Knoxville is uniquely positioned at the AI-energy convergence. We must work together to address the challenges and capitalize on the opportunities, ensuring that we build the workforce and infrastructure that accelerates innovation and secures a successful future for our community.”

The report evaluates Knoxville’s tech ecosystem across three major areas: workforce and talent, technology investment, and entrepreneurial growth. It highlights a rare combination of assets that distinguish Knoxville from other metropolitan areas:

Culture of Innovation — World-class research institutions and a flagship research university that generate breakthroughs in emerging technologies and attract top talentEnergy Infrastructure — Home to one of the nation’s largest public power providers, clean energy innovation, and a growing advanced nuclear energy sectorEntrepreneurial Spirit — An energetic startup community with an established network of supporting organizationsQuality of Life — A lower cost of living, strong job market, family-friendly amenities, and abundant outdoor and cultural activities

Together, these advantages are fueling Knoxville’s economic growth, particularly in advanced energy, artificial intelligence, and high-performance computing.

KTech Board Member, Travis Howerton, who led the initiative to release the report, said that East Tennessee has “all the raw ingredients we need to create a booming tech economy in the coming decades. At KTech, we want to be part of empowering our tech leaders to make Knoxville a premier tech hub in the U.S.”

The report draws from a survey of regional technology leaders along with economic data and research from leading organizations, including the East Tennessee Economic Council, Knoxville Chamber, Tennessee Valley Authority, Tennessee Advanced Energy Business Council, University of Tennessee, and Oak Ridge National Laboratory.

While it highlights where the region is gaining momentum, the report also identifies workforce readiness as the region’s primary constraint on growth. Other recommendations include expanding hands-on workforce development opportunities, strengthening research-to-commercialization pathways, improving broadband and digital infrastructure, and increasing access to growth-stage capital for startups.

“Knoxville is uniquely positioned at the AI-energy convergence. We must work together to address the challenges and capitalize on the opportunities, ensuring that we build the workforce and infrastructure that accelerates innovation and secures a successful future for our community,” said KTech President, Matt Kittrell.

Download the Report

The full Technology State of the Union Report is available at:
https://www.knoxtech.org/state-of-the-union/

About KTech

The Knoxville Technology Council (KTech) exists to connect, develop, and promote the technology industry in the Greater Knoxville region. Founded on the belief that the technology industry is essential for the Knoxville community to thrive, KTech aims to unite the region’s technology leaders and advocate for ideas and policies that support the growth of Knoxville as a vibrant and sustainable technology hub. Learn more at https://www.knoxtech.org/

Media Contact

Jenna Spooner, Knoxville Technology Council, 1 865.246.2617, admin@knoxtech.org, knoxtech.org

View original content to download multimedia:https://www.prweb.com/releases/ktech-releases-technology-state-of-the-union-report-showcasing-knoxvilles-rise-as-a-national-innovation-hub-302797813.html

SOURCE Knoxville Technology Council

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RHODE ISLAND LAWMAKERS PASS TEAMSTERS-SUPPORTED WAREHOUSE WORKER PROTECTION ACT

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Governor Dan McKee’s Signature Expected Imminently

PROVIDENCE, R.I., June 11, 2026 /PRNewswire/ — Teamsters are celebrating the passage of S2504A/H7364A, the Rhode Island Warehouse Worker Protection Act, out of the General Assembly. The legislation will prevent companies like Amazon from abusing their workforce by regulating the use and disclosure of warehouse quotas.

“Amazon and other bad actors who make up the worst employers in our state have been wreaking havoc on workers’ livelihoods and physical well-being for far too long, but we’re putting a stop to in Rhode Island,” said Matt Taibi, Secretary-Treasurer of Teamsters Local 251 in East Providence.

Gov. McKee has already said he will sign the bill into law. Rhode Island will become the seventh state to enact the Warehouse Worker Protection Act, following California, Minnesota, New York, Oregon, Washington, and most recently Connecticut.

“Far too many people who work in warehousing go to work every day and put themselves in harm’s way because of strain or exhaustion, and even then, are told they’re still not abiding by an unknown production standard,” Taibi said. “By working with our allies in the legislature, particularly Rep. Evan Shanley and Senate Majority Leader Frank Ciccone, we’ve leveled the playing field by increasing something that isn’t measured enough: corporate accountability.”

The warehouse bill is the latest legislative success for Rhode Island Teamsters — last session, the union successfully got laws passed to enhance school bus safety and prevent mandatory attendance at anti-union propaganda meetings.

Teamsters Local 251 represents over 6,200 workers in a wide variety of industries throughout Rhode Island and southeastern Massachusetts. For more information, go to teamsters251.org.

Contact:
Matt McQuaid, (771) 241-0015
mmcquaid@teamster.org  

View original content to download multimedia:https://www.prnewswire.com/news-releases/rhode-island-lawmakers-pass-teamsters-supported-warehouse-worker-protection-act-302798461.html

SOURCE International Brotherhood of Teamsters

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