Technology

Aura Completes Acquisition of Qoria

Published

3 hours ago

July 17, 2026

Global Leader in Online Safety to Begin Normal Trading on Australian Securities Exchange on Monday, July 20 Under the Ticker AXQ

BOSTON, July 17, 2026 /PRNewswire/ — Aura (ASX: AXQ), a global leader in online safety and wellbeing, today completed its acquisition of Qoria (formerly ASX: QOR), a global leader in student safety and wellbeing. The combined group’s CHESS Depositary Interests (CDIs) will begin trading on a normal (T+2) settlement basis on or about Monday, July 20th at 10:00 AM AEST.

“Aura and Qoria are both mission-driven companies. We exist to empower people of all ages to not only stay safe, but thrive in a fully connected world,” said Hari Ravichandran, founder and CEO of Aura. “Together, we will accelerate our shared vision for an end-to-end, AI-first model that helps proactively protect users across the environments that matter most– home, school and work.”

A Global Leader in Online Safety
The integration of Aura and Qoria unites Aura’s AI-powered suite of online safety and wellbeing tools with Qoria’s global connected schools ecosystem and strengthens the company’s position in the digital safety market, providing all-in-one protection for individuals, families and enterprises worldwide.

The acquisition creates a significantly larger, more diversified business with global reach, bolstering Aura’s scaled consumer platform with a global base of Qustodio parent accounts and approximately 32,000 school customers. On a pro forma combined basis, the group generated more than US$300 million in annual recurring revenue (ARR) for the year ending December 31, 2025, targeting more than 20 percent growth in calendar year 2026 and positive free cash flow from closing to December 31, 2026. 1

Transaction Details
This acquisition has been finalized following the completion of all conditions outlined under the Australian Scheme of Arrangement, including approval of the acquisition by Qoria shareholders and the Federal Court of Australia. Eligible Qoria shareholders received Aura CDIs in exchange for their Qoria shares at a ratio of approximately 1 Aura CDI for every 17.32 Qoria shares held.

Aura’s CDIs, which began conditional and deferred settlement trading on July 9, 2026, are expected to move to normal (T+2) settlement trading on July 20, 2026.

Alongside the completion of this acquisition, Aura raised US$100 million through an equity placement to existing Aura shareholders, including Hari Ravichandran, WndrCo, Accel and General Catalyst.

Earnings
Following its public debut, Aura will report second quarter 2026 financial results on August 6, 2026 prior to the ASX market opening. The company will host its first earnings webcast at 10:30 AM AEST the same day to discuss its financial results and business outlook.

Q2 2026 Earnings Call Details

August 6, 2026 10:30am AEST | August 5, 2026 8:30pm EDTLink to register: https://events.q4inc.com/attendee/280029693

A replay of the webcast will be available on Aura’s investor relations website at investors.aura.com.

About Aura

Aura (ASX: AXQ) is a global leader in online safety and wellbeing. Built on the belief that people deserve a trusted, always-on layer of protection, Aura’s AI-powered platform delivers protection for individuals, families and enterprises– from proactive protection against identity theft, financial fraud and online threats to tools that help schools and parents protect children from cyberbullying, harmful content, and threats to their wellbeing. Aura’s platform spans the environments that matter most– home, school and work– empowering people of all ages with end-to-end protection for every aspect of online life. Learn more at aura.com.

Forward-looking statements

This press release contains “forward-looking information” and “forward-looking statements” regarding possible or assumed future performance or potential growth of Aura which are based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of Aura believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects’, ‘anticipates’, ‘plans’, ‘believes’, ‘estimates’, ‘seeks’, ‘intends’, ‘targets’, ‘projects,’ ‘forecasts’, or negative versions thereof and other similar expressions, or future or conditional verbs such as ‘may’, ‘will’, ‘should’, ‘would’ and ‘could’. Although management believes that the assumptions made by Aura and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will provide to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aura to be materially different from any anticipated future results, performance or achievements or expressed or implied by such forward-looking information.

1 Free cash flow is operating cash flow plus investing cash flow and lease payments and excludes net interest and business restructure costs. ARR and free cash flow are non-GAAP measures that do not have standardized meanings under Australian Accounting Standards, International Financial Reporting Standards or Generally Accepted Accounting Principles (GAAP) and therefore may not be comparable to similar measures presented by other entities.

CATEGORY: Financial News

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Technology

Cherokee Federal Expands Customer Access Through NASA SEWP VI Award

Published

8 minutes ago

July 17, 2026

Company earns position on NASA’s premier government-wide acquisition contract

TULSA, Okla., July 17, 2026 /PRNewswire/ — Cherokee Federal, the federal contracting division of Cherokee Nation Businesses, today announced that Cherokee Nation Government Solutions (CNGS), a Cherokee Federal company, has been awarded a position on the National Aeronautics and Space Administration’s (NASA) Solutions for Enterprise-Wide Procurement (SEWP) VI Government-Wide Acquisition Contract (GWAC).

The award provides federal agencies with another streamlined way to access Cherokee Federal’s digital transformation, mission support and advanced technology capabilities.

“Federal agencies need acquisition vehicles that help them move quickly while keeping mission success at the forefront,” said Clint Bickett, President of Cherokee Federal. “Our position on SEWP VI makes it easier for customers to access Cherokee Federal’s technology expertise and creates new opportunities for us to help agencies solve complex challenges with secure, scalable capabilities that improve operational performance.”

Through SEWP VI, Cherokee will compete for future task orders supporting defense, civilian and intelligence customers with enterprise modernization, secure technology and digital transformation services.

SEWP VI is a multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract that enables federal agencies to procure information technology, communications, audiovisual solutions and related services. NASA recently announced more than 2,100 awards across multiple contract categories.

Cherokee Federal’s portfolio of Advanced Technology Services includes enterprise IT, cloud modernization, cybersecurity, software engineering, data analytics, intelligent automation and program management, enabling the company to support a broad range of federal missions.

For more information on Cherokee Federal, visit cherokee-federal.com.

About Cherokee Federal
Cherokee Federal is the federal contracting division of Cherokee Nation Businesses — the economic engine of Cherokee Nation, the largest Native American tribe in the U.S. The mission of Cherokee Federal is to build a talented team that provides innovative solutions that solve America’s greatest challenges and serves the Cherokee Nation with strong conviction and heart. For more information, please visit cherokee-federal.com or follow Cherokee Federal on LinkedIn, Facebook, X and YouTube.

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Technology

ID Logistics US Debuts at No. 17 on Armstrong & Associates’ Top North American Warehousing 3PL Rankings

Published

8 minutes ago

July 17, 2026

JOHNS CREEK, Ga., July 17, 2026 /PRNewswire/ — ID Logistics, a global leader in contract logistics, today announced it has debuted at No. 17 on Armstrong & Associates’ annual ranking of the Top 25 North American Warehousing 3PLs, recognizing the company’s rapidly expanding logistics footprint across the United States and Canada.

The annual ranking is based on the total warehouse space third-party logistics providers operate on behalf of customers across North America. ID Logistics earned the No. 17 position with 19.6 million square feet of managed warehouse space in 2025, supporting customers across the fast-moving consumer goods (FMCG), food and beverage, wine and spirits, retail, e-commerce, fashion and apparel, and temperature-controlled logistics sectors.

This distinction comes as part of ID Logistics’ continued growth that the company has experienced in the United States since the Group’s acquisition of Kane Logistics in 2022, as well as the opening of operations in Canada. This is the first year since the acquisition that ID Logistics US has responded to Armstrong’s survey.

“This recognition reflects the trust our customers place in us and the dedication of our team members across North America,” said Stan Schrader, CEO, ID Logistics US, “Over the past several years we’ve significantly expanded our network and capabilities while remaining focused on delivering innovative, scalable, and sustainable solutions that help our customers grow.”

ID Logistics continues to grow, expanding operations into South Carolina, North Carolina, Virginia, and Kentucky. In addition to warehousing and distribution, ID Logistics has become a key player in third-party co-packing for its US-based customers as well.

About ID Logistics

ID Logistics, headed by Eric HÉMAR, is an international contract logistics Group with revenues of €3.7 billion in 2025. ID Logistics manages nearly 450 sites in 19 countries representing 10 million m² operated in Europe, America, Asia and Africa, with 55,000 employees. With a customer portfolio balanced between distribution, e-commerce, consumer goods, cosmetics and fashion, ID Logistics is characterized by offers involving a high level of technology. Since its creation in 2001, the Group has developed a social and environmental approach through a number of original projects, and is now firmly committed to an ambitious CSR policy. ID Logistics shares are listed on the Euronext regulated market in Paris and are included in the SBF 120 index (ISIN code: FR0010929125, Mnemo: IDL).

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SOURCE ID Logistics Warehousing, LLC

Technology

ASRC Federal Announces New CEO Mike Manzo

Published

8 minutes ago

July 17, 2026

RESTON, Va., July 17, 2026 /PRNewswire/ — Mike Manzo has been named President and Chief Executive Officer of ASRC Federal. He succeeds Jennifer Felix, who was with the company for seven years, six as CEO.

Manzo most recently served as head of the company’s Defense and Intelligence operating group. He brings more than thirty years of experience leading operations and technical organizations supporting federal government clients across the defense, intelligence and civilian markets. His expertise in setting strategic direction and driving both excellence in contract performance and new business growth stems from the long-term, trusted relationships he has developed with customers by consistently meeting commitments.

“I am extremely honored and proud to take the mantle of CEO at ASRC Federal during this time of positive momentum and growth,” said Manzo. “ASRC Federal is in a strong position to deliver broad expertise and innovative solutions to U.S. defense and civilian service missions with speed and precision. I am excited to get to work leading our talented employees across the ASRC Federal family of companies as we drive value for our shareholders and federal customers.”

Manzo previously worked at General Dynamics serving the Department of War and the intelligence community. He holds bachelor’s and master’s degrees in electrical engineering from West Virginia University.

About ASRC Federal

ASRC Federal delivers solutions and services to more than 30 U.S. government agencies in support of some of our Nation’s most critical missions – from space exploration to cyber defense to military base operations and public health. Our capabilities include IT modernization, mission systems engineering and other engineering solutions, software applications and analytics, critical infrastructure and base operations, supply chain management and logistics and professional services. As a family of Alaska Native-owned companies, our work helps secure an enduring future for more than 14,000 Iñupiaq shareholders from Alaska’s North Slope. Since inception, ASRC Federal has contributed to more than $2 billion in shareholder dividends paid by its parent company, Arctic Slope Regional Corporation. For more information, please visit www.asrcfederal.com.

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