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DAVION HEALTHCARE ANNOUNCES PROPOSED ACQUISITION OF HUMASKAN AND ESTABLISHMENT OF UK FINANCE SUBSIDIARY TO SUPPORT STRATEGIC ACQUISITION PROGRAMME

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DUBLIN, June 25, 2026 /PRNewswire/ — Davion Healthcare Plc (“Davion” or the “Company”), a next-generation digital healthcare company developing non-invasive remote health monitoring solutions for the early identification of medical anomalies associated with serious health conditions, today announces that it has entered into a share purchase agreement to acquire 100% of Humaskan Ltd (“Humaskan”), a medical technology company, focused on proprietary healthcare products and intellectual property.  

In addition, the Company announces the proposed establishment of a wholly owned United Kingdom subsidiary, Davion Healthcare Finance Ltd, which is intended to support the Group’s planned acquisition and expansion strategy across the United States and Europe.

As previously announced, Davion continues to execute its strategy of building a broader healthcare platform through a combination of product development, commercial infrastructure, strategic financing capability and selective acquisitions. The proposed acquisition of Humaskan follows the recently announced acquisition of Solar Medical and Chemical Limited, which is intended to establish Davion’s principal commercial and distribution platform in the United Kingdom.

Transaction Summary – Humaskan Acquisition

The proposed acquisition comprises the purchase of 100% of the issued share capital of Humaskan for total consideration of $60 million.

The consideration is proposed to be satisfied through:

$10 million in cash consideration; and$50 million through the issue of ordinary shares in Davion.

The equity consideration is proposed to be issued at a reference price of $13.00 per share and would be subject to a nine-month lock-up arrangement and orderly market disposal provisions thereafter.

Strategic Financing Initiative – Davion Healthcare Finance Ltd

To support the Company’s planned acquisition programme and provide additional acquisition funding flexibility, Davion intends to establish Davion Healthcare Finance Ltd as a wholly owned United Kingdom subsidiary.

Subject to market conditions, regulatory processes, final approvals and completion of transaction documentation, Davion Healthcare Finance Ltd anticipates establishing a corporate bond programme of up to £100 million.

The proposed programme is expected to comprise three intended series:

Series 1 – up to £30 million.
Series 2 – up to £30 million.
Series 3 – up to £40 million.

The Company currently expects the bonds to carry an indicative fixed coupon of 10.5% per annum and an intended maturity profile of five years.

The Company currently intends that the bonds will be offered exclusively to professional, sophisticated and institutional investors and will not be made available to retail investors.

Subject to final approvals and market conditions, the Company currently expects each bond series to apply for admission to trading on the Vienna Stock Exchange MTF platform and currently anticipates launch activities commencing in August 2026.

The Company intends that proceeds raised under the proposed programme will be directed toward the Group’s acquisition programme across the United States and Europe.

The Company currently expects that any bond programme would be structured through Davion Healthcare Finance Ltd as issuer, and that acquisition assets funded through the programme may form part of the overall Group structure while being subject to dedicated security arrangements in support of the financing programme.

Reasons for Acquisition and Financing Strategy

The Board believes the proposed acquisition of Humaskan, together with the proposed financing structure, has the potential to accelerate Davion’s broader healthcare platform strategy through the addition of complementary intellectual property, products and commercial opportunities while supporting disciplined capital deployment.

The combined strategy is intended to:

Broaden Davion’s healthcare technology and intellectual property portfolio;Expand the Group’s product development and manufacturing capabilities;Create additional routes for revenue growth and commercial expansion;Support acquisition opportunities across target healthcare sectors in Europe and the United States; andStrengthen the scalability and flexibility of the Group’s healthcare platform.

Completion of the Humaskan acquisition and implementation of any financing programme remain subject to completion of definitive documentation, regulatory considerations, and satisfaction of customary conditions.

Jack Kaye, CEO of Davion Healthcare Plc, commented:

“The proposed acquisition of Humaskan and the intended establishment of Davion Healthcare Finance Ltd reflect our strategy of building a broader and more scalable healthcare platform.

“We believe combining proprietary technologies, commercial capability, targeted acquisitions and access to long-term institutional capital has the potential to create a flexible foundation for future growth.

“Our intention is to create a financing platform capable of supporting disciplined acquisition activity whilst maintaining a long-term approach to value creation.”

The Company will provide further updates regarding the proposed acquisition, financing programme and anticipated implementation timetable in due course.

Contacts

Media Enquiries:
media@davionhealthcare.com

For more information please visit:
www.davionhealthcare.com

FORWARD LOOKING STATEMENTS

This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, those identified by words such as “believes,” “will,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “projects” and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in these forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, the results of product evaluations, studies, regulatory reviews and commercial adoption and/or other studies, clinical trials, the challenges inherent in new product development initiatives, the impact of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future, changes in government policy and/or regulation, potential litigation by or against us, any governmental review of our products or practices, and other risks discussed from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements, or any information contained in this press release or in other public disclosures, at any time. Finally, the investing public is reminded that only announcements or information about Davion Healthcare Plc disseminated by the Company and bearing its name are considered official.

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SOURCE DAVION HEALTHCARE PLC

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Tuya Smart Brings Full-Stack AI into Everyday Life at IFA 2026

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Tuya Smart (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, is showcasing its latest advances in physical AI at IFA 2026 under the theme “Hey Tuya.”

Headlining the exhibit is the global debut of the new AI companion robot Doova, alongside the European debut of Tuya’s AI Home, AI Energy, and AI Robot ecosystems, the Hey Tuya whole-space intelligent interaction experience, a full-stack Matter portfolio, and development tools designed to help turn AI hardware concepts into working products.

The showcase illustrates how Tuya is connecting cloud intelligence, devices, and developer tools to move AI beyond screens and into practical use across homes, energy systems, robotics, pet care, and personal assistance.

Doova Extends Physical AI to Home Companionship and Assistance

Following the debut of Aura, Tuya’s AI companion robot for pets, Tuya is expanding its robotics portfolio with Doova, a home companion robot designed for independently living seniors to combine emotional companionship, everyday assistance, health-related reminders, and home monitoring. Doova is equipped with LDS LiDAR, sound source localization, and AI vision-based posture recognition algorithms.

Doova can respond to a simple voice request for help and navigate to the user’s location, assess their posture, and, if necessary, place a video call to family members. Day to day, it can hold conversations, play audio and video, help users understand complex bills and letters, flag potential fraud risks, and guide them through the operation of smart appliances. It can also provide medication, weather, and schedule reminders, along with practical suggestions related to meals, gardening, and clothing. When users are away, Doova can patrol the home and generate a security report.

Together, these capabilities demonstrate how physical AI can combine contextual awareness with connected-device control to support more responsive and accessible living experiences.

AI Home, AI Robot, and AI Energy Make Their European Debut

At IFA 2026, Tuya is presenting its AI Home, AI Robot, and AI Energy application ecosystems together in Europe for the first time, combined with the Company’s full-stack Matter solutions.

AI Home brings together a range of AI-powered devices, including an AI radar sleep speaker, AI printer, baby monitor, AI flower pot, and AI learning companion, extending AI capabilities into everyday scenarios such as home care, pet care, and plant care.

For example, the AI radar sleep speaker integrates millimeter-wave radar technology to accurately detect user activity and trigger adaptive smart home functions—such as automatically turning off the lights once the user falls asleep. It can also monitor heart rate, breathing, and snoring in real time to generate daily sleep analysis reports. In addition, built-in white noise, natural soundscapes, and meditation music help users relax and drift into sleep more easily.

The smart pet collar uses sensitive audio capture and AI-based emotion analysis to interpret changes in a pet’s vocalizations and breathing. The AI radar speaker combines natural-language control of connected devices with contactless radar sensing for heart rate, breathing, snoring, and sleep quality, alongside functions such as alarms, focus timers, and white noise.

AI Robot products span pet care, interactive collectibles, and desktop tools, including Aura, Fuzozo, Walulu, an AI owl, and an AI robot dog. Aura combines behavioral analysis and sound recognition to interpret a pet’s emotional state, while features such as laser play, treat dispensing, and simulated pet sounds support interactive companionship.

Tuya AI Energy connects balcony solar and storage, smart metering and distribution, and EV charging into a household energy network spanning generation, storage, measurement, management, and consumption. By integrating real-time and dynamic tariff data from more than 800 electricity providers and more than 1,000 dynamic tariff service providers across Europe, the system intelligently shifts household loads to help reduce overall energy costs, improving energy efficiency and reshaping the value proposition of home energy storage. The exhibit demonstrates how Tuya’s energy management capabilities coordinate infrastructure and connected devices across the home.

A Full-Stack Matter Portfolio for Interoperable Products

Tuya is also showcasing an end-to-end Matter portfolio spanning chip modules and cloud services. The offering supports Matter over Wi-Fi, Matter over Thread, and Ethernet, as well as bridges from Zigbee, Bluetooth, and Wi-Fi to Matter. It covers product categories including gateways, central control panels, lighting, plugs, sensors, curtain motors, thermostatic radiator valves, locks, and cameras.

Beyond standard Matter capabilities, Tuya layers on distinctive features — remote management, energy tracking, music-synced lighting — and integrates ecosystem tools like Amazon Frustration-Free Setup and the Google Matter API — allowing products to achieve cross-platform interoperability while preserving a differentiated user experience.

Hey Tuya Coordinates the Connected Home through Natural Language

Built on a multi-agent collaborative architecture, Hey Tuya is designed to coordinate services and devices across everyday scenarios rather than operate as a single-device assistant. Users can issue natural-language commands such as “Turn on the dining room lights” or “I’m leaving — activate monitoring,” allowing multiple devices and scenes to respond together.

The experience centers on four capabilities: round-the-clock home security monitoring; energy analysis and personalized efficiency recommendations; natural-language control and automation across multiple devices; and personalized services that adapt to household routines and preferences.

Tuya plans to continue improving the reliability, response speed, and task execution of Hey Tuya, while exploring subscription and value-added services in areas such as energy optimization, pet care, and video understanding.

Developer Tools Shorten the Path from Concept to Working Hardware

Tuya’s developer showcase presents a full technology stack for AI hardware development, where visitors can experience firsthand how ideas can be rapidly turned into functional AI applications that interact with and enhance daily life through the TuyaOpen open-source framework, Tuya Cobuilder, and Tuya AI Coding.

Tuya Cobuilder is an end-to-end Physical AI Builder designed for AI hardware developers. By simply describing an AI hardware concept in natural language, users can complete the entire development workflow in one place, ultimately enabling the application to run directly on real hardware. Tuya AI Coding, the Company’s AI-native no-code application development platform, lets users turn ideas into AI-powered applications with a single prompt—enabling non-technical creators to become builders of AI-powered experiences.

By bringing AI applications, interoperable device infrastructure, and development tools into one ecosystem, Tuya aims to help its global AIoT developer ecosystem create practical AI products more efficiently. The Company will continue advancing AI Home, AI Energy, and AI Robot applications and collaborating with developers and partners to make intelligent living safer, more convenient, and more responsive to individual needs.

About Tuya Smart

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a leading global AI cloud platform service provider dedicated to bringing AI into everyday life. Through its TuyaOpen open-source development framework and universal AI Agent engines, including the AI Agent development platform, Tuya integrates multimodal AI capabilities to lower barriers for AI development, efficiently advancing the realization of AI-driven lifestyles and accelerating AI integration with the physical world. Tuya offers innovative physical AI solutions for smart devices, commercial applications, and industry developers through its cloud computing and spatial intelligence capabilities. It also provides a complete, open, and neutral global AIoT ecosystem.

As of June 30, 2026, the Tuya AI Developer Platform had over 2,092,000 registered AI developers from more than 200 countries and regions.

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Changhong at IFA 2026: From Going Global to Going Local

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BERLIN, Sept. 6, 2026 /PRNewswire/ — At IFA 2026, Changhong unveiled a new lineup of AI-powered home appliances spanning TVs, refrigerators, air conditioners and laundry appliances. Centered on real-life scenarios, the company is bringing AI technologies designed to better understand everyday needs into the product experience, highlighting its transition from technological innovation toward more intuitive living experiences. The showcase also signals Changhong’s continued localization efforts.

The concept comes to life across Changhong’s latest AI products. The Q60S Pro TV features the Changhong LeDong AI sports platform, extending the TV beyond a traditional content screen into a space for family fitness and interaction. An AI human-sensing air conditioner can recognize users’ locations and habits and adjust airflow accordingly, while an AI refrigerator uses intelligent sensing to help users take a more proactive approach to food freshness. Rather than adding complexity, Changhong is making everyday life simpler.

This is at the heart of Changhong’s exploration of “seamless technology”—technology that works quietly in the background. The best technology does not always need to be seen; it simply helps people worry less.

A distinctive cultural element is also finding its way into Changhong’s smart product experience. The brand has incorporated the giant panda into AI assistant interactions, bringing greater warmth and approachability to AI-powered TVs and other home appliances. Closely associated with Changhong’s Sichuan heritage, the panda also provides a natural way to bring a recognizable element of Chinese culture into the technology experience.

Skiing offers another bridge to European lifestyles. In recent years, Changhong has continued to strengthen its presence in Europe with CHiQ as an important brand vehicle, building closer connections with local consumers through sports partnerships, including sponsorship of FIS Ski World Cup events in Germany, collaboration with the German Ski Association and its role as an official partner of the FIS Ski Jumping World Cup. More than a sporting platform, skiing allows CHiQ to connect the speed, passion and outdoor spirit of the sport with its product experience, bringing technology closer to the way European consumers live.

Behind these initiatives is a deeper commitment to localization. From product experience and brand expression to sports, culture and local lifestyles, Changhong is creating more diverse touchpoints with the European market. From “going global” to “going local,” the company is moving beyond products and channels toward a deeper integration of its brands, technology and the markets it serves.

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CoolFly to Showcase Personal Flight Portfolio and NA80 Flight-Control Technology at IFA Berlin 2026

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Dream ST will be on display as CoolFly highlights flagship Urban, high-performance Dream Pro and its expanding global dealer network

BERLIN, Sept. 6, 2026 /PRNewswire/ — CoolFly, a developer of personal electric aircraft and eVTOL technologies, is showcasing its Dream ST personal aircraft at IFA Berlin 2026, taking place September 4–8 at Messe Berlin.

Dream ST is on display at CityCube Hall B, Booth CCBB-143, in IFA’s Mobility area. While Dream ST is the aircraft physically presented at the show, CoolFly is also introducing its broader product portfolio, including high-performance Dream Pro and flagship Urban.

Dream ST is a lightweight, single-seat electric aircraft designed for personal and recreational flight, featuring a seated configuration and quick-fold design for easier transportation and storage.

Dream Pro extends the platform with greater payload, endurance and performance. It supports a maximum payload of 120 kg, reaches a maximum speed of 100 km/h, and can achieve up to 40 minutes of flight time with a 70 kg pilot onboard, depending on operating and environmental conditions.

Urban, CoolFly’s flagship personal aircraft, features a standing-position configuration and enclosed-propeller architecture, reflecting the company’s effort to create a more intuitive and distinctive personal flight experience.

All three aircraft share CoolFly’s self-developed NA80 flight control system. NA80 uses a dual-redundant architecture with two independent flight-control units, each integrating three aviation-grade inertial measurement units (IMUs). The system continuously monitors aircraft attitude and motion, supports millisecond-level fault detection and failover, and serves as a common technology foundation across CoolFly’s product portfolio.

Dream ST, Dream Pro and Urban have all obtained CE and FCC certifications for applicable product compliance requirements, supporting CoolFly’s continued international expansion.

CoolFly is also actively recruiting dealers, distributors and commercial partners worldwide, with a current focus on Europe, North America, Australia, the Middle East and other key markets.

Prospective partners and media are invited to visit CoolFly at IFA Berlin 2026, CityCube Hall B, Booth CCBB-143.

About CoolFly
CoolFly develops personal electric aircraft and eVTOL technologies, integrating aircraft design, propulsion and self-developed flight-control systems to make personal flight more accessible.

Media: press@coolflyaircraft.com
Business: support@coolflyaircraft.com

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