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LACI Announces Nearly $600 Million in New Commitments to Action at Road to 2028 Summit; Commitments will Improve Air Quality and Economic Opportunity Through Clean Energy, Transportation Electrification, and Sustainability Investments by the Time of the 2028 Games

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Co-Chaired by NBA All-Star and Entrepreneur Russell Westbrook, LACI’s Road to 2028 Summit Convened Olympic Athletes, Policymakers, Entertainment Industry Advocates, and Other Leaders Working to Ensure the 2028 Games Deliver a Legacy of Economic Investment, Green Jobs, and Cleaner Air Across Greater LA

Forthcoming LACI White Paper Will Show at Least $11 Billion Invested in EV Charging, Batteries, Heat Pumps and More across LA County since 2020

LOS ANGELES, July 17, 2026 /PRNewswire/ — This week, the Los Angeles Cleantech Incubator (LACI) announced nearly $600 million in new commitments to action to advance clean air, clean energy, clean transportation, and other sustainable solutions for the Greater Los Angeles region by the time of the 2028 Olympic and Paralympic Games. This Summit marks the second major convening in the Road to 2028 Summit Series, and follows the inaugural Summit of December 2025, which inspired $125 million in commitments to action for LA.

Inspired by LACI’s Road to 2028 and announced at the Road to 2028 Summit earlier this week, these commitments from key public and private sector leaders will advance the critical infrastructure and cleantech solutions necessary to help meet the needs of the 2028 Games and serve LA communities for decades to come. Moreover, the progress made on the Road to 2028 will be on full display when the world arrives for the Games, providing an opportunity to showcase the best of LA, California, and American leadership–all while helping to inspire global action.

“As the countdown to the 2028 Games continues, the investments we make over the next 18-24 months will determine the progress we can achieve by the time of and long after the 2028 Games,” said Matt Petersen, President and CEO of LACI. “Presented with a generational opportunity to drive sustainable progress, we must continue to commit to bold action now–and I’m grateful to see key public and private sector leaders from across the region coming together to accelerate the progress our region needs.”
 

“Being from LA, I want to be able to leave a legacy, not just on the court but to use that platform to be able to bring business and communities together–and there’s no better way to be doing that than through the 2028 Games,” said Russell Westbrook, NBA All-Star, Entrepreneur, and Road to 2028 Co-Chair. “I am proud to co-chair LACI’s Road to 2028 with Matt–together with our partners, we can help all Angelenos feel and see improvements in air quality and investments in our communities, in particular for our youth.”

“We are continuing to lead the way in sustainability by advancing our clean energy goals, installing more EV charging stations than ever before, and reimagining the way Angelenos think about public transportation,” said City of LA Mayor Karen Bass. “Together, with our private and community partners, we are making investments that will deliver environmental and economic benefits for Angelenos long after 2028.”

Hosted at Intuit Dome–the future home of 2028 Games basketball–the two-day Summit featured panels, presentations, and spotlight conversations from a wide range of regional and national figures, including policymakers, industry leaders, startup entrepreneurs, investors, Team USA athletes, advocates from the entertainment industry, startup founders, and community members.

“LADWP is investing now to strengthen reliability, expand clean energy, and make the progress our communities deserve,” said President of the Los Angeles Board of Water and Power Commissioners Allan Marks. “From modernizing aging infrastructure and implementing innovative technologies to accelerating EV charging, streamlining new connections and expanding drought‑resilient local water supplies, we’re taking action today to ensure that the benefits of these investments endure long after the Games.”

“Climate change is real and a big human issue, not a political one,” said Bea Kim, Olympic Snowboarder, Climate Advocate, and Greater LA Native. “While nowadays it is associated with a political point of view, it feels wrong not to bring attention to the issue.”

Nearly $600 Million in New Commitments to Action by 2028
LACI announced nearly $600 million in new commitments that will be deployed by the time the world arrives in 2028 by their partners and others. LACI is proud to announce the following commitments to action:

LA County committed to administering $280 million to accelerate the clean energy transition through two major regional initiatives:Backed by the California Legislature and California State Leadership, the County is on track to source over 75% of its electricity from zero-carbon energy by 2028.Adding 500 new EV chargers at County facilities by 2028, for a total of 2,500 chargers to serve County fleet vehicles.LADWP is investing $186 million to expand clean energy access, lower costs, and strengthen grid reliability for LA residents, including: a first-in-nation vehicle-to-grid (V2G) and storage-to-grid program; a low-income multifamily retrofit buildings program to reduce energy bills; and two incentive programs that increase solar access, and help low-income homeowners to install solar and battery storage.LAUSD committed to fully electrifying its yellow fleet, marking one of the largest school bus electrification initiatives in the U.S. By 2028, LAUSD will have electrified 25% of their bus operations, completing the purchase of 329 EV buses and 329 EV charging stations. In partnership with LAUSD and Highland Electric, LACI was recently awarded $2.93 million from the California Energy Commission to support this commitment.TreePeople committed to investing $50 million in green, living infrastructure–planting and stewarding 28,000 trees across Southern California by 2028, helping improve air quality and urban heat gain.Balance is working with the Dutch government’s National Climate Platform (NKP) to support their national athletes to reduce unavoidable impacts (e.g., air travel) by enhancing biodiversity, forests, and climate resilience, representing more than $28.5 million of annual investment, for an estimated total of $57 million by 2028.CSU Dominguez Hills committed to expanding existing and deploying new clean energy, clean transportation, and sustainable solution projects, including installing 200 EV chargers, increasing battery storage by 6MWh, and investing $1 million in facility energy efficiency retrofits. CSUDH is en route to becoming one of the first carbon-neutral universities in the U.S. over the next decade.Los Angeles Neighborhood Initiative (LANI) committed to expanding resident-led stormwater solutions that capture runoff, reduce flooding, and improve water quality in LA. LANI will invest over $2 million in creating an outdoor green space, planting 45 new shade trees and 28,378 square feet of groundcover and shrubs, building five green outdoor learning/play environments, and removing 29,131 square feet of asphalt.Archer Aviation is investing in electric aircraft charging infrastructure at 7 airports across Southern California. As the official air taxi provider of the 2028 Games, Archer plans to bring aircraft charging infrastructure online at its Los Angeles hub at Hawthorne Municipal Airport, along with Los Angeles International, Hollywood-Burbank, Van Nuys, Santa Monica, Long Beach, and John Wayne airports. Based on LACI estimates from USDOT data, similar investments averaged $1 million per facility.Liatris has committed to retrofitting existing homes in Southern California using thinner and more fire-resilient R-10 / inch building insulation–which performs two times better than traditional insulation and can result in up to 35 in HVAC energy savings. Liatris, a portfolio company of LACI partner organization Maryland Energy Innovation Accelerator, will invest $400,000 in the region, specifically targeting low-income households.

With just two years until LA hosts the Games, the Road to 2028 builds on the leadership of LACI’s unprecedented, public-private Transportation Electrification Partnership (TEP) and Clean Energy Partnership (CEP), both of which seek to advance bold 2028 targets, pilots, and policies that will enhance equity, create quality jobs, and grow the green economy in LA and beyond.

During the Summit, LACI President and CEO Matt Petersen also shared details around a forthcoming White Paper, Going for Gold on the Road to 2028. The White Paper will provide a snapshot of climate investment and policy leadership in LA and California, and notably finds that approximately $11 billion has moved from climate ambition into deployed clean transportation and clean energy infrastructure across Los Angeles County since 2020. 

Support for the Road to 2028 Summit was made possible in part by cornerstone-level sponsor Airbnb, platinum-level sponsor LADWP, gold-level sponsor Orrick, and a host of additional sponsors and partners

Media assets from the Summit are available here:

Video recordings of every Summit sessionPhoto selects from the SummitMatt Petersen’s Road to 2028 interview on the Energy Gang podcast

ABOUT LACI:
The Los Angeles Cleantech Incubator (LACI) is unlocking innovation by scaling cleantech startups, transforming markets through catalytic partnerships with policymakers, innovators, and market leaders, and enhancing communities through workforce training, pilots and other programs. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP) in 2011, LACI is recognized as one of the top 10 innovative business incubators in the world by UBI. LACI has helped 537 portfolio companies raise over $1.5 billion in funding, generated $477 million in revenue, and created more than 3,000 jobs throughout the Los Angeles region, with a long term economic impact of more than $733 million.

Contact:
Cameron Edinburgh
419037@email4pr.com
(213) 358-6500 Ext. 6623

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Chainguard Named a CVE Numbering Authority, Advancing Open Source Vulnerability Disclosure

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Authorization enables Chainguard to assign CVEs for qualifying open source vulnerabilities processed through Athena, helping protect open source software from AI attacks

NEW YORK, Sept. 22, 2026 /PRNewswire/ — Chainguard, the trusted source for open source, today announced that it has been authorized by the Common Vulnerabilities and Exposures (CVE®) Program as a CVE Numbering Authority (CNA). The mission of the CVE Program is to identify, define, and catalog publicly disclosed cybersecurity vulnerabilities. As a CNA, Chainguard can assign CVE identifiers and publish CVE Records for qualifying vulnerabilities. The authorization is scoped to include open source vulnerabilities processed through the Athena coalition, when upstream maintainers have already fixed the flaw without an identifier, no maintainer remains to assign one, or no more specific CNA covers the project.

This milestone underscores Chainguard’s deep commitment to transparent, coordinated vulnerability disclosure and protecting open source software from AI attacks. Frontier AI models are surfacing latent vulnerabilities in widely used open source software that traditional security tools and years of expert review failed to detect. As AI compresses the time between discovery and exploitation, vulnerabilities without CVE identifiers may remain invisible to the scanners, databases, and compliance systems organizations rely on to identify and prioritize risk.

“AI-driven zero-day discovery is pushing traditional approaches to vulnerability handling and disclosure to the breaking point,” said Quincy Castro, Chief Information Security Officer, Chainguard. “Through Athena, we are working to get fixes as quickly as possible into as many hands as possible. Becoming a CNA allows us to communicate about vulnerability fixes in a ‘language’ familiar to many organizations and open source maintainers.”

The designation strengthens Athena, Chainguard’s industry coalition for the orchestrated defense of open source software, by providing precise affected and fixed version ranges and technical details that help organizations assess their exposure, reduce false positives, and take appropriate action. Chainguard’s CVE Records also defer to maintainers and project-specific CNAs wherever they exist. With the help of coalition members and mitigation partners, such as Akamai, BNY, Cisco, Cloudflare, JPMorganChase, Kyndryl, Morgan Stanley, and Upwind, Athena validates AI-discovered vulnerabilities, and develops fixes, then partners with Akrites to carry vulnerabilities through disclosure and toward durable upstream remediation.

To learn more about how Chainguard advances open source vulnerability discovery through Athena, visit chainguard.dev/athena.

About Chainguard

Chainguard is the trusted source for open source. By providing engineers and AI agents with hardened, trusted, and production-ready artifacts, Chainguard helps organizations prevent AI supply chain attacks, increase engineering velocity while reducing toil, and maintain continuous compliance. Customers include Fortune 500 enterprises and global industry leaders, including Anduril, Canva, DocuSign, OpenAI, Public Storage, Snap Inc., and Snowflake. Chainguard is venture-backed by leading investors, including Amplify, IVP, Kleiner Perkins, Lightspeed Venture Partners, Mantis VC, Redpoint Ventures, Sequoia Capital, and Spark Capital.  For more information, visit: https://www.chainguard.dev/ 

Brittany Hendrickson, press@chainguard.dev 

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Coveo announces its intention to repurchase for cancellation 2,615,859 subordinate voting shares held by a subsidiary of Qatar Investment Authority

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MONTREAL, Sept. 22, 2026 /CNW/ — Coveo (“Coveo” or the “Company”) (TSX: CVO), the leader in AI-Relevance, delivering best-in-class search and generative experiences, today announced that it has entered into an agreement with Al-Rayyan Holding LLC (“Al-Rayyan”), a wholly-owned subsidiary of Qatar Investment Authority (“QIA”), to repurchase for cancellation 2,615,859 Subordinate Voting Shares of Coveo (“SVS”) held by Al-Rayyan (the “Repurchase”) immediately following the conversion by Al-Rayyan of an equivalent number of Multiple Voting Shares of Coveo (“MVS”), for a total repurchase price of approximately C$9,809,471. In addition, Al-Rayyan will pay Coveo a transaction fee.

The Repurchase will be completed at a price of $3.75 per SVS, which represents a discount of 10.5% on the closing price of the SVS on the Toronto Stock Exchange (“TSX”) on September 22, 2026. The purchase price will be paid using cash on hand.

In a separate concurrent transaction (the “Brokered Sale” and, together with the Repurchase, the “Transactions”), Al-Rayyan intends to dispose of an additional 4,800,000 SVS for aggregate consideration of $18,000,000, immediately following the conversion by Al-Rayyan of an equivalent number of MVS, through a separate prospectus-exempt bought deal block trade led by RBC Dominion Securities Inc. (“RBC”). In addition, Al-Rayyan will pay RBC a commission. Completion of the Repurchase is conditional upon completion of the Brokered Sale. Upon completion of the Transactions, Al-Rayyan will cease to hold any equity interest in Coveo.

The board of directors of Coveo (the “Board”) approved the Repurchase after considering, among other factors, the Company’s financial position and capital requirements and the terms of the Repurchase. The Board determined that the Repurchase represents an efficient use of excess capital, in addition to being immediately accretive to the Company’s shareholders. The Transactions also facilitate an orderly exit of Al-Rayyan’s investment in Coveo, and are expected to enhance trading liquidity by increasing the Company’s public float. The Repurchase demonstrates Coveo’s conviction in its business and the Board’s strong belief that Coveo’s SVS remain undervalued.

The Repurchase constitutes a “related party transaction” within the meaning of Regulation 61-101 Protection of Minority Security Holders in Special Transactions (“Regulation 61-101”) as Al-Rayyan is a “related party” of the Company within the meaning of Regulation 61-101. The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements under Regulation 61-101 on the basis that the fair market value of the SVS being repurchased and the consideration to be received by Al-Rayyan in respect of the Repurchase do not exceed 25% of the Company’s market capitalization determined in accordance with sections 5.5(a) and 5.7(1)(a) of Regulation 61-101, respectively. Closing of the Transactions is expected to occur on or before September 24, 2026, which is less than 21 days from the date hereof. Such shorter period is consistent with market practice and the Company believes is reasonable and necessary in the circumstances as it wishes to complete the Transactions in an expeditious manner.

Early Warning Disclosure

Prior to the Transactions, QIA, through Al-Rayyan, had beneficial ownership of, or control and direction over, 7,415,859 MVS, representing approximately 18.5% of the issued and outstanding MVS on an undiluted basis and approximately 16.4% of the aggregate voting rights associated with the issued and outstanding MVS and SVS. Immediately prior to the Transactions, QIA converted such MVS into 7,415,859 SVS, representing approximately 12.2% of the issued and outstanding SVS on an undiluted basis and approximately 1.9% of the aggregate voting rights associated with the issued and outstanding MVS and SVS. QIA has caused Al-Rayyan to undertake the Transactions to monetize QIA’s investment in Coveo.

This press release and QIA’s corresponding early warning report, which is expected to be filed on SEDAR+ in the near term, constitutes the required disclosure pursuant to pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

QIA’s head office is located at Ooredoo Tower (Building 14), Al Dafna Street (Street 801), Al Dafna (Zone 61), Doha, Qatar. Al-Rayyan exists under the laws of Qatar. Coveo’s head office is located at 1100 Av. Des Canadiens-de-Montréal, Suite 401, Montréal, Quebec, Canada.

Forward-Looking Information

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements relating to the Transactions (including with respect to the timing of settlement, completion and anticipated benefits thereof), and other statements that are not historical facts (collectively, “forward-looking information”). This forward-looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “might”, “will”, “achieve”, “occur”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, “continue”, “target”, “opportunity”, “strategy”, “scheduled”, “outlook”, “forecast”, “projection”, or “prospect”, the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking information contains these terms and phrases. In addition, any statements that refer to expectations, intentions, projections, or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates, and projections regarding future events or circumstances.

Forward-looking information is necessarily based on a number of opinions, estimates, and assumptions that we considered appropriate and reasonable as of the date such statements are made. Although the forward-looking information contained herein is based upon what we believe are reasonable assumptions, actual results may vary from the forward-looking information contained herein. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors, many of which are beyond our control, that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to macro-economic uncertainties and the risk factors described under “Risk Factors” in the Company’s most recently filed Annual Information Form available under our profile on SEDAR+ at www.sedarplus.ca. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only as of the date made. Moreover, we operate in a very competitive and rapidly changing environment. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward- looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information.

You should not rely on this forward-looking information, as actual outcomes and results may differ materially from those contemplated by this forward-looking information as a result of such risks and uncertainties. Except as required by law, we do not assume any obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

About Coveo

Coveo brings superior AI-Relevance to every point-of-experience, transforming how enterprises connect with their customers and employees to maximize business outcomes.

Relevance is about moving from person to person, the degree to which the enterprise-wide content, products, recommendations, and advice presented to a person online aligns easily with their context, needs, preferences, behavior and intent, setting the competitive experience gold standard. Every person’s journey is unique, and only AI can solve the complexity of tailoring experiences across massive, diverse audiences and large volumes and variety of content and products.

Stay up to date on the latest Coveo news and content by subscribing to the Coveo blog, and following Coveo on LinkedIn and YouTube.

SOURCE Coveo Solutions Inc.

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OxiWear and Alfardan Medical with Northwestern Medicine (AMNM) Announce Exclusive Distribution Partnership in Qatar

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Partnership marks an important step in OxiWear’s international expansion and growing presence in the Middle East

ARLINGTON, Va. and DOHA, Qatar, Sept. 22, 2026 /PRNewswire/ — OxiWear Inc., a wearable technology company focused on continuous physiological measurements, today announced an exclusive distribution partnership with Alfardan Medical with Northwestern Medicine (AMNM) in Qatar.

The partnership brings together OxiWear’s wearable measurement technology with AMNM’s established presence, local expertise, and network in Qatar, supporting OxiWear’s continued expansion across the Middle East.

The partnership marks another milestone in OxiWear’s international growth as the company continues to expand its technology and build strategic relationships across the United States and international markets.

“Qatar has built an incredible ecosystem around technology and innovation, and we are excited to partner with AMNM as we continue expanding OxiWear internationally,” said Shavini Fernando, Founder and CEO of OxiWear. “Having a strong local partner that understands the market and shares our long-term vision is incredibly important to us. We see significant opportunities for OxiWear in Qatar and across the region, and we look forward to working closely with Dr. Abdulla and the AMNM team to build that presence.”

Under the partnership, the organizations will collaborate on distribution, market development, customer engagement, and opportunities for OxiWear across Qatar.

“We are pleased to partner with OxiWear and support the company’s expansion into Qatar,” said Dr. Abdulla Al-Ansari, CEO of AMNM. “Innovation and the introduction of new technologies are important to the continued development of Qatar’s ecosystem. OxiWear’s approach to continuous physiological measurements presents exciting opportunities across a range of applications, and we look forward to working together to establish and grow its presence in Qatar.”

The partnership is part of OxiWear’s broader international expansion strategy and reflects the company’s focus on establishing strong local relationships as it enters and develops new markets.

About OxiWear: OxiWear Inc. is a wearable technology company developing solutions for continuous physiological measurements. Through its wearable technology and connected platform, OxiWear is building new ways to capture physiological data continuously across a range of environments and applications. Headquartered in Arlington, Virginia, OxiWear works with organizations and partners in the United States and internationally across research, performance, industrial, and other markets.

For more information, visit oxiwear.com.

Alfardan Medical with Northwestern Medicine (AMNM) is a multi-specialty private day-care surgery center located in Lusail, Qatar, operating in affiliation with Northwestern Medicine, the Chicago-based academic health system. AMNM brings together internationally trained physicians, advanced surgical facilities, and Northwestern Medicine’s clinical standards to deliver high-quality, patient-centered outpatient care across a wide range of specialties. Committed to innovation and clinical excellence, AMNM works to introduce new medical technologies and best practices that advance healthcare in Qatar and the wider region.

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SOURCE OxiWear

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