Technology

Marpai Reports Second Quarter 2026 Financial Results

Published

1 day ago

August 13, 2026

Successful turnaround leads to lower operating costs and improved gross margin; debt restructuring and subsequent financing strengthen capital structure

TAMPA, Fla., Aug. 13, 2026 /PRNewswire/ — Marpai, Inc. (“Marpai” or the “Company”) (OTCQX: MRAI), a leader in innovative healthcare technology, Third-Party Administration (TPA), and Pharmacy Benefit Management (“PBM”) services, announced its financial and operational results for the three and six months ended June 30, 2026.

SECOND QUARTER 2026 FINANCIAL HIGHLIGHTS

The second quarter marked the successful continuation of Marpai’s turnaround.

Metric

Q2 2026

Q2 2025

Year-over-year

Revenue

$4.2 million

$4.7 million

10.5% decrease

Cost of revenue

$3.2 million

$3.9 million

19.0% decrease

Gross profit

$1.0 million

$0.7 million

33.6% improvement

Gross margin

23.9 %

16.0 %

Improved by 7.9
percentage points

Total costs and
expenses

$7.6 million

$8.3 million

8.0% decrease

Operating loss

$(3.4) million

$(3.6) million

4.8% improvement

Net loss

$(4.6) million

$(4.4) million

4.9% increase

Revenue declined primarily due to turnover and continued customer pruning. Cost of revenue decreased faster than revenue due to a reduction in claims processing expense, resulting in higher gross profit and gross margin. Total costs and expenses also declined, reflecting lower cost of revenue, information technology, sales and marketing, depreciation and amortization, and facilities expense, partially offset by higher general and administrative expense.

OPERATING AND STRATEGIC UPDATE

We continue to prune and adjust our customer base while adjusting our cost base to reflect our growing use of artificial intelligence (“AI”) and other technological solutions to improve our efficiency and generate better returns.

Marpai continued to streamline its operating model during the quarter. Information technology expenses decreased to $1.1 million from $1.3 million in for the six months ended June 30, 2025, while sales and marketing expenses decreased to $136 thousand from $312 thousand for the six months ended June 30, 2025. Facilities expenses declined to $116 thousand from $160 thousand for the six months ended June 30, 2025.

Debt Restructuring:

As previously disclosed, in May 2026, the Company amended its senior secured convertible debentures, extending their maturity to April 15, 2028, and revising the amortization schedule. In July 2026, the Company amended its AXA notes extending their maturity to 2029 and revising the amortization schedule and repayment schedules.

Capital raise:

Subsequent to the end of the second quarter of 2026, on July 31, 2026, the Company priced a private placement offering of newly designated Series A Preferred Stock, generating aggregate gross proceeds of $12.1 million to the Company. The financing is expected to support the Company’s operations and strategic priorities.

Management Commentary

“We believe that our second-quarter results demonstrate continued progress in revamping our cost structure to support the expected growth of the business by deploying AI and other technological solutions to improve our efficiency and increase our margins,” said Damien Lamendola, Chief Executive Officer of Marpai. “While revenue continued to reflect lingering customer pruning and turnover, our lower cost of revenue and disciplined investments in process improvements and technology improved gross margin and reduced our operating loss. The debt amendments and subsequent financing improved our capital structure as we focus on growing our customer base profitably, improving client services, and building a more scalable platform.”

SIX-MONTH 2026 RESULTS

For the six months ended June 30, 2026, revenue was $8.6 million, compared with $10.1 million for the six months ended June 30, 2025. Total costs and expenses were $14.5 million, compared with $15.9 million for the six months ended June 30, 2025. Operating loss was $5.9 million, compared with $5.9 million for the six months ended June 30, 2025, and net loss was $7.8 million, or $(0.31) per basic and diluted share, compared with $7.4 million, or $(0.49) per basic and diluted for the six months ended June 30, 2025.

Net cash used in operating activities was $4.6 million for the first six months of 2026. As of June 30, 2026, unrestricted cash and cash equivalents were $138 thousand. These balances do not include the $12.1 million of gross proceeds from the private placement completed after quarter-end, as disclosed above.

About Marpai, Inc.

Marpai, Inc. (OTCQX: MRAI) is a technology platform company which operates subsidiaries that provide TPA, PBM and value-oriented health plan services to employers that directly pay for employee health benefits. Marpai works to deliver the healthiest member population for the health plan budget through its Marpai Saves initiative. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna. For more information, visit www.marpaihealth.com, the content of which is not incorporated by reference into this press release. Investors are invited to visit https://ir.marpaihealth.com.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “guidance,” “may,” “can,” “could”, “will”, “potential”, “should,” “goal” and variations of these words or similar expressions. For example, the Company is using forward-looking statements when it discusses statements regarding the Company’s continued adjustments to its customer base while adjusting is cost base to reflect growing use of artificial intelligence and other technological solutions to improve efficiency and generate better returns; the Company’s expectation that the capital raise through a private placement offering will support its operations and strategic priorities; the Company’s belief that its second-quarter results demonstrate continued progress in revamping its cost structure to support the expected growth of the business by deploying AI and other technological solutions to improve its efficiency and increase its margins; and the Company’s focus on growing its customer base profitably, improve client services and build a more scalable platform. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai’s current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai’s current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements is set forth in Marpai’s filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov.

MARPAI, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

(in thousands, except share and per share data)

June 30, 2026

December 31, 2025

ASSETS:

Current assets:

Cash and cash equivalents

$ 138

$ 133

Restricted cash

6,437

8,818

Accounts receivable, net of allowance for credit losses of $86 and $21 as of June 30,
2026, and December 31, 2025, respectively

1,017

697

Unbilled receivables

1,085

280

Prepaid expenses and other current assets

327

408

Total current assets

9,004

10,336

Capitalized software, net

—

Operating lease right-of-use assets

193

218

Security deposits

227

229

Other long-term asset

Total assets

$ 9,467

$ 10,904

LIABILITIES AND STOCKHOLDERS’ DEFICIT

Current liabilities:

Accounts payable

$ 5,783

$ 3,668

Accrued expenses

2,456

2,115

Accrued fiduciary obligations

7,270

8,521

Deferred revenue (including related party amounts of $317 and $0, respectively)

317

Current portion of operating lease liabilities

278

264

Current portion of convertible debentures, net

1,966

3,037

Other short-term liabilities

2,450

8,000

Vendor financing advance

2,000

—

Due to related party

1,026

—

Total current liabilities

23,546

25,694

Other long-term liabilities

18,306

11,450

Convertible debentures, net of current portion

6,122

5,795

Operating lease liabilities, net of current portion

384

528

Total liabilities

48,358

43,467

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS’ DEFICIT

Preferred stock, $0.0001 par value, 2,000,000 shares authorized; 0 shares issued and
outstanding at June 30, 2026 and December 31, 2025.

—

Common stock, $0.0001 par value, 227,791,050 shares authorized; 26,667,334 shares and
24,035,610 shares issued and outstanding at June 30, 2026, and December 31, 2025,
respectively

Additional paid-in capital

84,266

82,829

Accumulated deficit

(123,160)

(115,394)

Total stockholders’ deficit

(38,891)

(32,563)

Total liabilities and stockholders’ deficit

$ 9,467

$ 10,904

MARPAI, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

(in thousands, except share and per share data)

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

June 30, 2026

June 30, 2025

Revenue (including related party amounts of $183, $0, $183, and $0, respectively)

$ 4,166

$ 4,656

$ 8,610

$ 10,074

Costs and expenses

Cost of revenue (exclusive of depreciation and amortization
shown separately below)

3,169

3,910

6,408

7,395

General and administrative

3,069

2,483

5,199

4,766

Information technology

1,109

1,291

2,266

2,681

Sales and marketing

136

312

365

556

Research and development

—

Depreciation and amortization

—

107

214

Facilities

116

160

229

311

Total costs and expenses

7,599

8,263

14,527

15,930

Operating loss

(3,433)

(3,607)

(5,917)

(5,856)

Other income (expenses)

Other income, net

153

Interest expense, net

(1,227)

(813)

(2,002)

(1,633)

Loss before provision for income taxes

(4,583)

(4,371)

(7,766)

(7,440)

Income tax expense

—

Net loss

$ (4,583)

$ (4,371)

$ (7,766)

$ (7,440)

Net loss per share, basic & fully diluted

$ (0.18)

$ (0.28)

$ (0.31)

$ (0.49)

Weighted average common shares outstanding, basic and
diluted

25,860,374

15,503,132

25,277,172

15,140,332

MARPAI, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

(in thousands)

Six Months Ended

June 30, 2026

June 30, 2025

Cash flows from operating activities:

Net loss

$ (7,766)

$ (7,440)

Adjustments to reconcile net loss to net cash used in operating activities:

Depreciation and amortization

214

Share-based compensation

1,120

1,043

Shares issued to vendors in exchange for services

1,008

Amortization of right-of-use asset

Non-cash interest expense

1,331

914

Amortization of debt premium and debt issuance costs, net

(17)

Bad debt expense

178

—

Changes in operating assets and liabilities:

Accounts receivable and unbilled receivables

(1,303)

(56)

Prepaid expense and other assets

101

176

Accounts payable

2,115

479

Accrued expenses

604

(516)

Accrued fiduciary obligations

(1,251)

871

Operating lease liabilities

(130)

(123)

Due to related party

—

Other liabilities

203

Net cash used in operating activities

(4,576)

(3,324)

Cash flows from investing activities:

Proceeds from sale of business unit

—

500

Net cash provided by investing activities

—

500

Cash flows from financing activities:

Proceeds from issuance of related party promissory notes

660

—

Payments on related party promissory notes

(660)

—

Proceeds from vendor financing advance

2,000

—

Proceeds from related party advance

1,000

—

Proceeds from issuance of convertible debentures

—

3,000

Payments of convertible debenture issuance costs

—

(162)

Payments on convertible debentures

(800)

(1,500)

Payments to seller for acquisition

—

(196)

Proceeds from issuance of common stock in a private offering, net

730

Net cash provided by financing activities

2,200

1,872

Net (decrease) increase in cash, cash equivalents and restricted cash

(2,376)

(952)

Cash, cash equivalents and restricted cash at beginning of period

8,951

9,232

Cash, cash equivalents and restricted cash at end of period

$ 6,575

$ 8,280

Reconciliation of cash, cash equivalents, and restricted cash reported in
the condensed consolidated balance sheet

Cash and cash equivalents

$ 138

$ 619

Restricted cash

6,437

7,661

Total cash, cash equivalents and restricted cash shown in the condensed
consolidated statement of cash flows

$ 6,575

$ 8,280

Supplemental disclosure of cash flow information

Cash paid for interest

$ 591

$ 781

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SOURCE Marpai

Technology

Dallas County Schools Show Continued Progress in 2026 Accountability Ratings

Published

38 minutes ago

August 15, 2026

Results provide an updated look at student outcomes across Dallas County, with more campuses earning A or B ratings and fewer receiving D or F ratings

DALLAS, Aug. 14, 2026 /PRNewswire/ — The Texas Education Agency (https://tea.texas.gov/) today released its 2026 A–F Accountability Ratings, providing families, district leaders, and communities across Texas with an annual look at student outcomes across Texas public schools.

Accountability ratings provide a comparable measure of school performance, helping families and education leaders understand where students are experiencing strong academic outcomes and where additional attention and support may be needed.

Dallas County Results
This year’s results show modest improvement across Dallas County. In 2026, 60% of campuses received an A or B rating, 26% received a C, and 14% received a D or F.

Compared with 2025, the share of Dallas County campuses earning an A or B increased from 58% to 60%, while the share receiving a D or F declined from 16% to 14%. The share of campuses receiving a C remained relatively stable at 26%. Overall, Dallas County outpaced the state, with stronger growth in A- or B-rated campuses and a greater decline in D- or F-rated campuses.

This year’s results provide encouraging momentum for Dallas County, while also pointing to an important opportunity to build on that progress. While relatively few campuses are receiving the state’s lowest ratings, there remains significant room to help more schools move toward stronger student outcomes that ultimately ladder up into postsecondary success.

2026 Statewide Results
Dallas County’s results largely mirrored trends across the state. Across Texas, 61% of campuses received an A or B rating, 24% received a C, and 15% received a D or F, compared with 60%, 26%, and 14% in Dallas County, respectively.

Statewide results remained relatively stable compared with 2025, with a slight shift toward higher ratings. The share of Texas campuses earning an A or B increased from 60% to 61%, while C-rated campuses declined from 25% to 24% and D- or F-rated campuses remained at 15%.

“Seeing more Dallas County campuses earn higher ratings is encouraging, especially as the county saw stronger improvement than the state overall. These ratings reflect stronger outcomes for students, and the opportunity now is to build on those results and ensure that more schools and students experience that same success,” said Miguel Solis, president of The Commit Partnership (www.commitpartnership.org). “Helping more schools achieve stronger student outcomes will require continued focus on what we know matters most for students: high-quality instruction and materials, expanding instructional time, and ensuring schools can attract, develop, and retain effective teachers. By pairing those investments with actionable data that helps educators understand and respond to student needs, we can prepare more students for success in college, career, and beyond.”

What Is the A–F Accountability System?
Texas’ accountability system assigns every eligible public school district and campus an overall grade from A through F based on student outcomes.

Ratings are based on three components that consider overall student achievement, academic progress year-over-year, and outcomes across different student groups. Importantly, the system considers the better of student achievement or academic progress, allowing schools to receive credit when students demonstrate strong growth regardless of where they begin academically. For high schools, ratings also incorporate graduation rates and measures of college, career, and military readiness (CCMR).

The system provides families with a transparent and comparable way to understand school performance while helping education leaders identify which campuses are demonstrating strong instruction, areas for improvement, and schools where additional support may be needed.

Economically Disadvantaged Students Remain Less Likely to Attend Higher-Rated Schools
The 2026 ratings also provide an important look at whether students across Dallas County have equitable access to high-performing schools.

Economically disadvantaged students remain more than twice as likely to attend a D- or F-rated campus than students who are not economically disadvantaged.

In 2026:

14% of economically disadvantaged students attend a D- or F-rated campus. That compares with 6% of students who are not economically disadvantaged.57% of economically disadvantaged students attend an A- or B-rated campus, compared with 77% of their peers.

This persistent gap highlights the need to ensure that every student attends a school with the staffing, resources, and support necessary to deliver strong academic outcomes, regardless of their economic circumstances.

Middle Schools Make Significant Gains in 2026
Accountability ratings also reveal differences in outcomes across school types. In Dallas County, 60% of middle schools received an A or B rating in 2026, compared with 52% of elementary schools and 90% of high schools. At the same time, 14% of middle schools received a D or F, compared with 19% of elementary schools and no high schools.

Middle schools demonstrated notable growth in 2026. The share of Dallas County middle schools receiving an A or B increased 14 points year over year, while the share receiving a D or F declined 7 points.

Building on this progress will be important as students navigate the middle grades and develop the academic foundation needed to successfully transition into high school and remain on track for postsecondary success. Improving middle school outcomes is also among the Texas House Public Education Committee’s interim charges, signaling an area of focus for lawmakers as they study potential policy solutions ahead of the 90th Legislative Session. Furthermore, strengthening student proficiency in math and reading is among the key charges of the Texas Classroom Commission, which held its inaugural meeting this month with Governor Abbott, demonstrating a sustained commitment to improving student outcomes ahead of the 90th legislative session.

Sustained Campus Turnarounds Show What Is Possible
While accountability ratings provide an annual snapshot of school performance, looking across multiple years can help identify campuses demonstrating sustained improvement.

Across Dallas County, 40 campuses that received a D or F rating in 2023 improved to an A or B by 2026, improving or maintaining their rating each year along the way. Thirteen of these campuses are elementary schools, 7 are middle schools, 17 are high schools, and 3 span multiple school levels.

These sustained turnarounds demonstrate that significant improvements in student outcomes can be achieved and maintained over time. Understanding what contributed to their success can help identify practices and investments that could support improvement at other campuses across Dallas County and the state.

Looking Ahead: Texas’ 2028 Accountability Refresh
Texas periodically refreshes its A–F accountability system to ensure it continues to reflect the state’s expectations for student success. The next refresh will take effect with the 2028 accountability ratings and incorporate feedback from families, school leaders, and policymakers.

One area of continued evolution is how the system measures college, career and military readiness (CCMR). The 2026 reports show 87% of Texas graduates met the state’s CCMR standard for accountability, meanwhile the latest THECB HS Graduates to Higher Ed Outcomes report on postsecondary completion show only 26% of graduates ultimately earn a credential. This highlights a gap between how the current system measures readiness and students’ longer-term postsecondary outcomes.

As part of the refreshed system, Texas will begin differentiating among CCMR indicators based on how strongly they are associated with postsecondary success. The Class of 2030, or students entering ninth grade this school year, will be the first class evaluated under the new CCMR framework. The updated weighting will be reflected in accountability ratings beginning in 2031.

The changes provide an opportunity to better align how Texas defines and rewards college and career readiness with the outcomes students experience after high school, while also giving school systems time to adjust how they prepare students for postsecondary education and the workforce.

“Accountability is most useful when it helps us turn information into action,” said Bridget Worley, Chief State Impact Officer at the Commit Partnership. “Families deserve clear information about how their schools are serving students, and education leaders need reliable data to understand where students are succeeding and where additional support is needed. As Texas prepares for changes to how college, career, and military readiness is measured, we’re grateful that districts have been given time to evaluate their outcomes and adjust how they prepare students, and we’re already seeing districts across Dallas County and Texas begin that work.”

Explore the 2026 Accountability Data
The Commit Partnership will continue analyzing the 2026 Accountability Ratings in the coming weeks, including statewide and regional trends, Dallas County performance, student-group outcomes, and campuses demonstrating significant improvement.

Explore Commit’s initial analysis and interactive accountability resources:

2026 Accountability Latest Learnings Analysis Accountability Ratings Data Dashboard

About The Commit Partnership
The Commit Partnership (www.commitpartnership.org) aims to break the cycle of poverty in Dallas County by examining its numerous root causes and working with others to remove systemic barriers to opportunity for all students. Commit Partnership discovers robust data insights and activates them through trusted relationships to innovate systems and unlock public funding in ways that address the root causes creating current student outcomes. Commit Partnership’s true north goal is that, by 2040, at least half of all 25–34-year-old residents in Dallas County, irrespective of race, will earn a living wage.

Media Contact
John Walls
Director, Communications & Engagement
The Commit Partnership
john.walls@commitpartnership.org

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SOURCE The Commit Partnership

Technology

CleanCore Solutions, Inc. Announces Planned Corporate Name Change to Zone Frontier Inc.

Published

5 hours ago

August 14, 2026

HOUSTON, Aug. 14, 2026 /PRNewswire/ — CleanCore Solutions, Inc. (NYSE American: ZONE) (the “Company”) today announced that it intends to change its corporate name from “CleanCore Solutions, Inc.” to “Zone Frontier Inc.” The Company has submitted a Certificate of Amendment to its Amended and Restated Articles of Incorporation for filing with the Nevada Secretary of State that specifies a delayed effective date, and the name change will become effective at 5:00 p.m. Pacific Time on August 31, 2026.

Upon effectiveness of the name change, the Company’s common stock will continue to trade on the NYSE American under the ticker symbol “ZONE.” The name change will not affect the rights of the Company’s stockholders. No action is required by existing stockholders, and all outstanding stock certificates and book-entry positions will remain valid.

“Our rebrand to Zone Frontier reflects the evolution of our business and strategic direction, as well as our commitment to developing next-generation data center campuses for the world’s leading AI and technology companies,” said Tyler Hassen, Chief Executive Officer of ZONE. “As we continue to execute on our growth initiatives, we believe the new name better represents who we are today and where we are headed.”

The Company intends to file a Current Report on Form 8-K with the U.S. Securities and Exchange Commission in connection with the name change upon the effectiveness of the Certificate of Amendment.

The Company’s new website is www.zonefrontier.com.

About CleanCore Solutions, Inc.

CleanCore Solutions, Inc. (NYSE American: ZONE) is helping to build the critical infrastructure that powers the AI economy. Through a growing pipeline of projects, the Company aims to help meet the increasing demand for compute capacity, power, and digital infrastructure required by the world’s leading AI companies. The Company expects to operate under the name Zone Frontier Inc. upon effectiveness of the name change.

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 include, but are not limited to, statements regarding the planned name change and the anticipated timing and effectiveness thereof, the Company’s expected continued listing and trading of its common stock on the NYSE American under the symbol “ZONE,” the Company’s business strategy and pipeline of projects, and the Company’s expected transition to an AI infrastructure business. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “may,” “will,” “could,” “should,” “estimates,” “projects,” “potential,” “focused on,” “aims,” “expand,” “expected,” “look forward,” and similar expressions. These forward-looking statements are based on management’s current expectations and assumptions as of the date of this press release and are subject to significant risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the risk that the name change does not become effective on the specified delayed effective date, including as a result of the Certificate of Amendment being abandoned, withdrawn, amended, or otherwise not given effect by the Nevada Secretary of State; the risk that the Company’s new name or trading symbol is not processed or recognized by the NYSE American, the Financial Industry Regulatory Authority, or other market participants on the anticipated timeline; the highly speculative and uncertain nature of the Company’s AI critical infrastructure business; the Company’s continued ability to successfully transition its business model from cleaning services; the Company’s lack of operating history in the data center or computing infrastructure industry; the Company’s limited experience in the data center and AI infrastructure industries; the Company’s ability to obtain project-level debt financing on acceptable terms or at all; the status of the Company’s operations, results of operations, growth strategy and liquidity; and general economic, financial, capital market and industry conditions.

For a more complete discussion of risks and uncertainties, please refer to the Company’s filings with the SEC, including the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. All forward-looking statements are qualified in their entirety by this cautionary statement.

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SOURCE CleanCore Solutions (NYSE AMERICAN: ZONE)

Technology

FuelRod Brings Portable Power to the Players at the 2026 FedEx St. Jude Championship

Published

5 hours ago

August 14, 2026

Wireless MAX10 selected for player gifting at the PGA TOUR’s FedEx Cup Playoffs event in Memphis.

MEMPHIS, Tenn., Aug. 14, 2026 /PRNewswire/ — FuelRod, the company behind the Nationwide Swappable Power Network, today announced that its Wireless MAX10 portable power kits have been selected as player gifts at the 2026 PGA FedEx St. Jude Championship at TPC Southwind in Memphis.

The FedEx St. Jude Championship brings many of the world’s top professional golfers to Memphis for the opening event of the PGA TOUR’s FedEx Cup Playoffs. For players who spend much of the year traveling from city to city, reliable portable power has become an essential part of staying connected on the road, and FuelRod built its Nationwide Swappable Power Network around that same need.

“Golf and travel go hand in hand, which makes the FedEx St. Jude Championship a natural fit for FuelRod,” said Joe Yeagley, Co-Founder and Chief Operating Officer of FuelRod. “FuelRod was founded on the idea that people shouldn’t have to worry about staying powered while on the move, and we’re excited to put MAX10 into the hands of players who spend so much of their lives traveling and introduce them to portable power designed to travel with them.”

FuelRod currently serves travelers and guests at more than 50 major U.S. airports, including Memphis International Airport, as well as major theme parks across the United States and other high-traffic destinations—providing convenient access to portable power at many of the places people travel and play.

The Wireless MAX10 extends that experience with 10,000mAh of portable power, wireless charging and dual USB-C ports in a compact design built for life on the go. Players receiving MAX10 during tournament week can take that power with them well beyond Memphis as they continue traveling throughout the season.

“I’ve experienced firsthand the convenience FuelRod provides, particularly while traveling,” said Jack Sammons, General Chairman of the FedEx St. Jude Championship. “Professional golfers spend a significant amount of time on the road, and we believe FuelRod will be a practical and valuable addition to this year’s player gifts—something they can continue to use throughout the season.”

The FedEx St. Jude Championship also represents something much larger than golf, bringing the sport’s top players to Memphis while supporting the lifesaving mission of St. Jude Children’s Research Hospital.

FuelRod continues to expand its Nationwide Swappable Power Network across major U.S. airports, theme parks, hotels, healthcare facilities, convention centers, entertainment venues and other high-traffic destinations, creating more places for customers to buy, swap and stay powered while on the go.

For more information about FuelRod or to find a FuelRod location, visit FuelRod.com.

About FuelRod

FuelRod is the company behind the Nationwide Swappable Power Network, providing consumers with convenient access to portable power through self-service kiosks across North America. It’s Swap & Go program allows customers to purchase or exchange FuelRods at participating locations, making it easy to stay powered while on the go.

About the FedEx St. Jude Championship

The FedEx St. Jude Championship is the opening event of the PGA TOUR’s FedEx Cup Playoffs and is played at TPC Southwind in Memphis, Tennessee. The tournament brings together the world’s leading professional golfers while supporting the lifesaving mission of St. Jude Children’s Research Hospital.

Media Contact:

Claudio Frescas

claudio@fuel-rod.com

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SOURCE FuelRod