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AIxCrypto Holdings (NASDAQ: AIXC soon to be traded under FFR), Signs Term Sheet with Faraday Future to Acquire its Robotics Business at an Estimated $200 Million Valuation, Aiming to be the First Nasdaq-Listed Pure-Play Robotics Ecosystem Company

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AIxC (FFR) proposes to acquire FFAI’s robotics business, targeting to become the first Nasdaq-listed pure-play robotics ecosystem company and transforming into a platform-based EAI robotics ecosystem company centered on “Four-Core Full-Stack AI.” Now both the Board of FFAI and AIxC have approved the Term Sheet.AIxCrypto Holdings, Inc. will be renamed FF EAI Robotics Ecosystem Inc. and change its NASDAQ symbol to FFR, effective September 30, 2026. Through this proposed acquisition, AIxC will discontinue its crypto strategy entirely and transform into a pure-play Robotics Ecosystem Company, accelerate achievement of its five-year goal to maintain a Top 3 comprehensive ranking in the EAI robotics ecosystem market.Under the non-binding term sheet, AIxC would acquire FFAI’s robotics business for around $200 million in stock.The per share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, AIxC’s pre-closing equity value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only. If the per share price is below $2.246, AIxC would declare a one-time special stock dividend to holders of record prior to closing. The dividend would be payable only on closing and remains subject to tax analysis. The transaction is subject to diligence, definitive agreements, and approval of the Company’s special committee.In less than one year, FFAI’s EAI robotics business has achieved significant progress, exceeding initial expectations. The Company has completed Phase One of its “Built in USA” Acceleration Program and is advancing the “One-Brain Multi-Form, Multi-Capability” FF EAI Robot World 2.0. FFAI has launched 24 products across three robot forms, all of which have received FCC certification, with user deliveries underway. The Company’s “Four-Core Full-Stack AI” Ecosystem is beginning to take shape. By the end of August, cumulative EAI Device sales and shipments reached 552 units. In the second quarter, the average gross margin of FFAI’s robotics products exceeded 30%, while cumulative revenue reached approximately $1.52 million.Under preliminary projections prepared by FFAI management for the FF EAI Robotics business on a standalone basis, the business is projected to reach positive operating cash flow in the third quarter of 2028.Those projections contemplate unaudited revenue of approximately $7.1 million in 2026 and approximately $45.17 million in 2027, with gross margins expected to improve over time, along with cumulative 2026–2030 revenue of approximately $1.98 billion and growing cumulative EAI Device sales exceeding 130,000 units. They also contemplate a shift in revenue mix from EAI Device sales toward the EAI Brain and Developer Platform, Industry Productivity Solutions, the EAI Data Factory and related services, with ecosystem revenue expected to become a materially larger share. AIxC has not adopted these projections as Company guidance.If the transaction is completed, FF EAI Robotics would become a wholly owned subsidiary of AIxC, and its operating performance, capital requirements and uses of capital would be reported within AIxC’s financial statements, subject to the deal closing.Following completion of the proposed transaction, FFAI is expected to consolidate FFR’s financial results into its own financial statements based on the applicable accounting treatment of FFAI’s interest in FFR under U.S. GAAP, with such consolidation expected to be reflected beginning with FFAI’s fiscal year 2026 Form 10-K, around the time of closing.The Company will advance definitive agreements, financing, and transaction closing in an orderly manner.

LOS ANGELES, Sept. 28, 2026 /PRNewswire/ — AIxCrypto Holdings, Inc. (“AIxC” or the “Company”) today announced that it has entered into a non-binding term sheet with Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FFAI”) for a proposed all-stock acquisition of FFAI’s robotics assets and businesses and a major strategic transformation. AIxC will be renamed FF EAI Robotics Ecosystem Inc., with its ticker changing to FFR, effective September 30, 2026.  The proposed transaction remains subject to definitive agreements, special committee and stockholder approvals, and other customary closing conditions, and may not be completed.

FFAI has described that business as a “Four-Core Full-Stack AI” ecosystem comprising the EAI Brain and Developer Platform, EAI Devices, Industry Productivity Solutions and the EAI Data Factory. The EAI Brain supports the Company’s “One-Brain Multi-Form Multi-Capability” technology, product and ecosystem development, while the Developer Platform continues to expand. FF EAI Robot World 2.0 covers three robot forms, five product series, 11 models and 24 products, all of which are available for sale and delivery. As of the end of August, cumulative shipments of FF EAI robots reached 552 units, and the robotics business recorded a gross margin of approximately 30.9% in the Company’s unaudited second quarter 2026 financial results. FFAI’s robotics business has also launched four Industry Productivity Solutions for K-12 Education, Research, Security and Inspection, and will use continued sales and multi-scenario deployments to accumulate scenario-specific real-world data, strengthen the data collection, training and application loop, and further power an evolutionary flywheel for technology and business development.

Due to the related-party nature of the proposed acquisition as FFAI is the Company’s majority stockholder, a special committee (the “Special Committee”) of the Company’s board of directors (the “Board”), composed of Chen Shi and Jason E. Dodier, both independent directors, was formed in connection with the proposed acquisition. The Special Committee unanimously approved the execution of the term sheet and recommended the same to the Board. Acting upon the recommendation of the Special Committee, the Board unanimously approved the execution of the term sheet. Approval of the term sheet by the Special Committee and the Board does not constitute approval of the proposed acquisition or any definitive agreement related thereto. Any definitive agreement and the proposed acquisition remain subject to the Special Committee’s ongoing review and favorable recommendation following completion of its evaluation, including consideration of the terms of the definitive agreement and receipt of a fairness opinion satisfactory to the Special Committee, and approval by the Board acting upon the recommendation of the Special Committee.

AIxC Proposes a Special Stock Dividend Mechanism Based on a $2.246 Per-Share Reference Price

Under the non-binding term sheet, AIxC would acquire FFAI’s robotics business for $200 million in stock.

The per share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, AIxC’s pre-closing equity value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only.

If the per share price is below $2.246, AIxC would declare a one-time special stock dividend to holders of record prior to closing. The dividend would be payable only on closing and remains subject to tax analysis.

The transaction is subject to diligence, definitive agreements, and approval of the Company’s special committee.

Shares issued to FFAI would be subject to an 18-month lock-up period, with specific terms subject to the definitive agreements.

FFR Aims to Maintain a Top-Three Comprehensive Ranking in the EAI Robotics Ecosystem Market Over Five Years Through “Four-Core Full-Stack AI” Strategy

Following its strategic transformation, FFR (currently AIxC) anticipates that it will build a business covering the full lifecycle of the robotics business, including R&D, supply chain, manufacturing, sales, deployment, data and operations. Through “Four-Core Full-Stack AI,” FFR expects to build a platform-based EAI robotics ecosystem and usher in an era of competition across the full ecosystem in the U.S. embodied AI robotics industry. In anticipation of becoming the first Nasdaq-listed pure-play robotics ecosystem company, FFR intends to define and establish core EAI robotics industry and valuation benchmarks that drive broader value recognition.

With continued growth in sales and revenue, major breakthroughs in “Four-Core Full-Stack AI,” accelerated implementation of Built in USA, and ongoing multi-scenario data accumulation, FFR aims to achieve and maintain a top-three comprehensive ranking in the EAI robotics ecosystem market over the next five years and rapidly advance achievement of its five-year business-plan objectives.

The Company will continue to pursue its existing businesses, including RoboShare, following the proposed transaction. RoboShare aims to become one of the top two robot-sharing and rental platforms in the United States. FFR will explore business synergies across robot sales, leasing, deployment and operating services, expand robotics application scenarios, and enhance user-service value.

FFR Anticipates Revenue to Evolve from EAI Device Sales to Four-Core Ecosystem Growth, With Ecosystem Revenue Reaching 49% Over Five Years

Under preliminary projections prepared by FFAI management, the FF EAI Robotics business anticipates total revenue from the Four-Core Full-Stack AI ecosystem is expected to reach $7.1 million in 2026, with a positive gross margin. Total revenue is expected to reach $45.17 million in 2027, with gross margin increasing to 30.5% as the business enters a higher-margin phase. Over five years, the projected cumulative revenue of around $1.98 billion, with gross margin gradually rising to about 54% in 2030. As the EAI Brain and Developer Platform, Industry Productivity Solutions, EAI Data Factory and service businesses develop, ecosystem revenue is expected to increase from 22% in 2026 to 49%, further demonstrating the value of the Four-Core Full-Stack AI ecosystem. The Company also expects to significantly increase R&D investment, with a cumulative five-year investment of approximately $300 million to maintain product and technology leadership.  Actual results may differ materially.

FFAI management projects that EAI Device unit sales are targeted at 2,001 units in 2026 and 7,400 units in 2027, exceeding 130,000 units cumulatively over five years. The data business is expected to grow rapidly, with cumulative five-year data supply exceeding 19 million hours, supporting the continued optimization of the EAI Brain and advancement of its computing capabilities. While peers such as Figure AI and Agility Robotics pursue a “One Form Does It All” model, FFR believes that relying on a single form to address every use case has inherent limits. Through ongoing “One Brain, Multiple Forms” R&D, the Company will support the scaled deployment of multiple robot forms while maintaining strong product competitiveness.

FFR anticipates that Industry Productivity Solutions will initially focus on education and research, security and inspection, industrial, and service-sector productivity applications, before expanding into additional verticals. This will accelerate the industry’s deployment and application of robots with multiple forms and capabilities.

Standalone Listing of Robotics Business Expected to Unlock Value

Through the proposed acquisition, FFR plans to establish a standalone platform to discover and unlock the value of the robotics business and support FFAI management’s five-year business-plan objectives.

For two years following closing, FFAI and its affiliates propose to observe non-competition restrictions in territories where FFR and its affiliates conduct robotics business. The specific terms and applicable scope remain subject to definitive agreements signed by the parties.

At the signing of the definitive agreements, FFAI and AIxC plan to enter into an Investor Rights Agreement setting forth governance arrangements agreed by the parties, including rights to nominate members of AIxC’s Board of Directors. These arrangements are expected to be like the governance arrangements between FFGP and FFAI.

Next, FFR will advance definitive agreements, financing, and transaction closing in an orderly manner. Upon completion of the transaction, the Company will announce FFR’s next-stage strategy and business plan.

“AIxC appreciates FFAI’s support for this proposed transaction, as well as the strong foundation FFAI has built in EAI robotics technology, products, supply chain and ecosystem development. This proposed acquisition represents an important step in AIxC’s strategic transformation. Following completion of the transaction, AIxC will focus on the robotics business and drive the commercialization, scaled deployment and value creation of its Four-Core Full-Stack AI ecosystem, with the goal of creating substantial value for stockholders,” said Jerry Wang, Global CEO & Director of AIxC and Global Executive Chairman of FF.

Management Conference Call

The Company will host a conference call and webcast to discuss the proposed transaction, its strategic rationale, expected financial and operational benefits, and the Company’s long-term growth plans. Executives from both organizations will provide additional details regarding the transaction, followed by a question-and-answer session.

Date: September 29, 2026

Time: 8:30 a.m. ET / 5:30 a.m. PT

Dial-In: 1-877-407-9716 or 1-201-493-6779

Participant Link: https://callme.viavid.com/viavid/?callme=true&passcode=13759533&h=true&info=company&r=true&B=6

Telephone Replay

Replay Dial-In: 1-844-512-2921 or 1-412-317-6671

Access ID: 13762866

About FF EAI Robotics Ecosystem Inc.

FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (to be renamed from AIxCrypto Holdings, Inc. and AIXC, effective September 30, 2026) is a U.S.-based Embodied AI (EAI) robotics company that is in the process of acquiring the FF EAI Robotics business. Upon completion of the acquisition, the Company will focus on the research and development, manufacturing, commercialization, and deployment of intelligent robotic technologies, products, and industry solutions.

The Company is committed to building a “Four-Core Full-Stack” AI ecosystem covering the full lifecycle of robotics, consisting of EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Guided by the technology and product philosophy of “One Brain, Multi-forms, Multi-capabilities,” the Company aims to empower humanoid, biomimetic, and other robotic form factors through a unified EAI Brain, while continuously expanding their multi-task and multi-scenario capabilities. The ecosystem is designed to support the full robotics lifecycle, including R&D, deployment, data collection and training, operations, and commercial applications.

The FF EAI Robotics business has already achieved commercial deliveries of humanoid and biomimetic robotic products. Through its multi-form-factor robotic products, EAI technology platform, closed-loop data capabilities, and industry solutions, the business continues to advance the scaled adoption of robotics across real-world applications. The Company also operates RoboShare, a robot-sharing and services platform designed to connect robotic assets, service capabilities, customer demand, and ecosystem partners, further strengthening its robotics commercialization and service ecosystem.

For more information, visit www.ff.com.

Forward-Looking Statements

This communication, including any presentation, press release, investor materials or other document of which it forms a part (this “Communication”), contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws, regarding AIxCrypto Holdings, Inc. (“AIxCrypto,” the “Company,” “us,” “our,” or “we”) and our industry. All statements, whether written or oral, other than statements of historical fact, including any financial projections and any statements regarding future events, our strategy, our transition to robotics operations, our plans for RoboShare, our digital asset disposition plans, the proposed acquisition of the FF EAI Robotics business, the projections referenced in this communication, our name and ticker change, any related financing, and the anticipated benefits and timing of the foregoing, our objectives, expectations, or anticipated actions or results, are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking. These statements reflect our current expectations and projections about future events as of the date of this Communication and are necessarily based on estimates and assumptions that, while considered reasonable by management, are inherently uncertain. AIxCrypto can give no assurance that such forward-looking statements or financial projections will prove to be correct.

Actual results may differ materially from those expressed or implied by these forward-looking statements as a result of numerous risks and uncertainties, both general and specific, including, but not limited to:

The proposed transaction. The term sheet is non-binding and may not result in definitive agreements; the proposed transaction may not be approved by our special committee of independent directors, our stockholders or applicable regulators, and may not be completed on the terms described or at all; the conditions to closing and the parties’ ability to satisfy them; the timing of the transaction and the costs of pursuing it; the issuance of a substantial number of shares as consideration and the resulting dilution; the proposed special stock dividend and our ability to declare and pay it; the fact that the counterparty is our controlling stockholder and the conflicts of interest inherent in the transaction; our dependence on the counterparty for transition, supply and support following any closing; the scope and enforceability of the proposed non-competition and governance arrangements; the consequences of the transaction under Nasdaq listing rules, including the possibility that we must satisfy initial listing requirements in connection with a change of control or change in the nature of our business; our ability to integrate and operate the acquired business; and the risk that the acquired business performs differently than anticipated.

Projections. The projections referenced in this communication were prepared by FFAI management for the FF EAI Robotics business on a standalone basis and do not reflect our existing business, transaction-related expenses or the combined company. We have not independently verified them or adopted them as guidance. They were not prepared with a view toward public disclosure or toward compliance with the published guidelines of the Securities and Exchange Commission or the American Institute of Certified Public Accountants regarding prospective financial information, and no independent registered public accounting firm has examined, compiled or performed any procedures with respect to them, and none expresses an opinion or any other form of assurance with respect to them. The projections reflect estimates and assumptions that are inherently uncertain and subject to change, including through due diligence and the review of our special committee and its financial advisor. Actual results are likely to differ, and may differ materially.

Liquidity, capital and going concern. Our limited cash and liquidity position and our history of operating losses and negative operating cash flow; substantial doubt regarding our ability to continue as a going concern, as described in our periodic reports; our need to obtain additional financing on acceptable terms or at all, and the substantial dilution to existing stockholders that additional financing may cause,including any financing completed in connection with the proposed transaction, which may not be completed or may be on less favorable terms than anticipated; our ability to fund operations pending and following the disposition of our digital asset positions; and our ability to satisfy the continued listing requirements of The Nasdaq Stock Market, including stockholders’ equity, minimum bid price and other applicable standards.

Our strategic transition and the disposition of digital assets. Risks associated with a fundamental shift in our business strategy and the redeployment of resources from a digital asset treasury strategy to robotics operations; our ability to execute the disposition of our digital asset positions in an orderly manner and on acceptable terms; the risk that amounts realized on disposition are materially less than carrying value as a result of price volatility, market depth, execution timing, custody or transfer constraints, or other limitations; tax, accounting and regulatory consequences of the dispositions; the continued volatility and regulatory uncertainty associated with digital assets and cryptocurrencies during the wind-down period; the concentration of a substantial portion of our assets in a single equity investment, including an investment in a related party, and the illiquidity, valuation uncertainty, holding-period and transfer restrictions associated with that investment; and risks arising from our relationships and agreements with related parties and significant stockholders.

Our robotics operations business. Our limited operating history in robotics operations and commercialization and the absence of a meaningful revenue history; the early stage of RoboShare and the risk that customer demand, repeat demand, pricing, utilization or unit economics do not develop as anticipated; our dependence on a small number of customers, on a single initial geographic market, and on individual events or engagements, and the risk that the loss of, or a change in the terms of, any such relationship has a disproportionate effect; our dependence on third-party robot owners, operators, suppliers, original equipment manufacturers and local partners, and on their willingness to make robots available on our platform; risks relating to the availability, cost, quality, maintenance, transport, insurance and technological obsolescence of robots and related equipment, and to supply chains, tariffs and trade measures affecting them; and our ability to expand into additional markets and to attract and retain participants on both sides of our marketplace.

Operations, safety and liability. Risks of property damage, personal injury or death arising from the operation of humanoid robots, quadrupeds and other autonomous or semi-autonomous machines in proximity to performers, employees, guests and the public, including at live events and in uncontrolled environments; product liability, premises liability, negligence and related claims and the adequacy, scope, availability and cost of our insurance coverage and of contractual indemnities from customers, owners and suppliers; the allocation of responsibility among us, robot owners, venues, event producers and customers; permitting, licensing, occupational safety and event-specific regulatory requirements; and the reputational consequences of any safety incident.

Technology, data and intellectual property. Systems, network, telecommunications or service disruptions, failures, defects or cyber-attacks; the performance, reliability and autonomy limitations of robotic systems and of the software, models and networks that support them; our collection, use, storage, transmission and protection of personal information, including images and any biometric or biometric-adjacent data captured in the course of robot deployments, and evolving privacy, biometric and artificial intelligence laws and regulations across the jurisdictions in which we operate or intend to operate; our ability to obtain, maintain, protect and enforce our intellectual property rights and to defend against third-party claims of infringement or misappropriation; and our reliance on third-party technology, platforms and licenses.

Legal, regulatory and general. The regulated industries and jurisdictions in which we operate; current or future laws or regulations and new interpretations of existing laws or regulations, including those applicable to digital assets, robotics, autonomous systems, consumer protection, advertising and endorsements; the risk that our marketplace arrangements, or the manner in which they are described, are characterized differently than we intend by regulators or courts; the failure of counterparties to perform their contractual obligations; litigation, regulatory inquiries, investigations and enforcement actions, and their costs and outcomes; business, economic, market and capital-market conditions; competition in our industry; changes in market demand for, and the pricing of, our products and services; our ability to define, design and release new products and services in a timely manner that meet customer needs; our ability to attract, retain and motivate qualified personnel, including key management; our ability to manage our growth and our transition; and our ability to maintain effective internal control over financial reporting and disclosure controls and procedures.

This list of factors is not exhaustive. Additional risks and uncertainties are described more fully in our filings with the U.S. Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Reports on Form 10-Q, and our subsequent filings, which are available on the SEC’s website at www.sec.gov. Investors are urged to review the liquidity, capital resources and going concern disclosures contained in those reports.

The forward-looking statements in this Communication speak only as of the date hereof. Except as required by law, neither AIxCrypto nor any other person undertakes any obligation to update or revise any forward-looking statement or financial projection set out herein, whether as a result of new information, future events or otherwise. This Communication is provided for informational purposes only, does not constitute an offer to sell or the solicitation of an offer to buy any security, and does not constitute investment, tax or legal advice or any investment recommendation, and does not take into account the investment objectives or financial situation of any person. AIxCrypto reserves the right to amend or replace the information contained herein, in whole or in part, at any time, and undertakes no obligation to notify any recipient thereof. Readers are cautioned not to place undue reliance on these forward-looking statements. This caution is made under, and these forward-looking statements are intended to be covered by, the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

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SOURCE AIxCrypto Holdings Inc.

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California Waste Solutions Advances Environmental Technology in Vietnam With Industrial UAVs at Da Phuoc

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September 30, 2026

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Through subsidiary Vietnam Waste Solutions, CWS expects regular UAV operations in October 2026 after flight permits and operator certification are granted; the program would be the first large-scale aerial environmental-control application at a Vietnamese waste-treatment site.

OAKLAND, Calif., Sept. 29, 2026 /PRNewswire/ — California Waste Solutions (CWS), an Oakland-based recycling and waste management company, is applying advanced environmental technology to its operations in Vietnam. Through its wholly owned subsidiary, Vietnam Waste Solutions (VWS), CWS is preparing to deploy industrial drones for odor control and disinfection at the Da Phuoc Integrated Waste Management Facility in Ho Chi Minh City.

California Waste Solutions subsidiary VWS to launch industrial UAVs in Vietnam for odor control and worker safety.

Regular flight operations are expected to begin in October 2026, once the company has completed required legal procedures and obtained flight permits under Vietnam’s regulations governing unmanned aircraft. Preparations are being conducted to strict standards, with particular emphasis on legal compliance, airspace authorization and certification of flight-control personnel.

Under the program, VWS will use industrial UAVs to spray biological treatment products over active waste-receiving areas, landfill cells and other odor-sensitive zones at Da Phuoc Integrated Waste Management Facility. The drones will help neutralize odors and disinfect surfaces from the air before contaminants disperse more widely, while replacing higher-risk manual spraying work that currently requires crews to operate in close proximity to waste and treatment chemicals.

“We are really excited about these environmentally friendly UAVs. Just as in California, where parent company California Waste Solutions has recently introduced AI into its optical scanners to better support employees, here in Vietnam we are adding another layer of the latest technology to similarly assist our Vietnamese workers with the daily tasks they undertake. Once approved, the plan for the new drones will also benefit the environment and the people of Ho Chi Minh City. It is really a game-changer,” said David Duong, Founder & Owner of California Waste Solutions.

The rollout will make Vietnam Waste Solutions the first waste-treatment company in Vietnam to apply intelligent aerial equipment to routine, large-scale environmental control at an integrated solid-waste facility. The investment is part of a broader modernization of environmental services and is consistent with national policy encouraging enterprises to apply advanced technology, automation and artificial intelligence in operations and environmental protection, including the National Strategy on Digital Transformation and Innovation.

READY TO FLY

Vietnam Waste Solutions has conducted multiple trial drone flights at Da Phuoc to evaluate economic efficiency, coverage quality and environmental improvement before committing to a regular operating schedule. Those trials informed the decision to move from experimental use to a standardized, permit-based program using higher-capacity industrial aircraft.

While VWS is technically ready to fly the drones immediately, the company will not deploy them until all required permissions have been received. The approval process includes flight-route planning, coordination with competent authorities regarding low-altitude operations over an active waste-treatment facility, and standardization of the operating workforce so that personnel meet required qualifications and hold flight-control certification.

“Being a step ahead in demonstrating our leadership in employing environmental technologies is consistent with what we have done throughout our history since starting in Ho Chi Minh City in the mid-2000s. Back then, we said we wanted to build the only U.S.-type Subtitle D-standard landfill and we were willing to invest in the technology to do so. Once again, with this new UAV initiative, Vietnam Waste Solutions is taking the lead in the way it continuously deploys investment in Vietnam,” said Michael Duong, President of California Waste Solutions.

Spraying by UAV is expected to be 50 to 70 times faster than manual methods, allowing tens of thousands of square meters to be treated within minutes, optimizing operating time and resources while reducing the amount of time that active working areas and leachate surfaces remain untreated.

Automated flight mapping, meanwhile, is intended to produce repeatable coverage rather than operator-dependent patterns, with intelligent precision spraying and real-time assessment supporting proactive control instead of reactive, ground-only response.

The technology produces a fine atomized spray so that treatment can occur in the air column and on exposed surfaces before odors, bacteria and other contaminants have an opportunity to travel off-site. The system can also be tasked with insect-control spraying where required.

Operations will be flown only on authorized routes and schedules as permitted. Safety protocols for an active landfill, including weather limits, obstacle clearance around facilities and vehicles, and coordination with ground crews, will be incorporated into standard operating procedures before regular service begins.

“Everything has been meticulously planned ahead of time, and once we receive the permissions to operate the new UAVs, the substantial investment we have made in this state-of-the-art technology is going to provide an immediate benefit to employees, customers and local residents,” said David Duong. “Thanks to Ho Chi Minh City’s visionary local government leadership, we feel that the time is very close when we can see the first few drones in the air.”

EMPLOYEE SAFETY FIRST

In earlier trial work at Da Phuoc, staff reported that a receiving-area spraying task that typically required six workers could be performed by a single trained operator when an unmanned sprayer was used. The aircraft could also treat areas that crews could not safely or practically reach.

For employees, the shift from backpack and vehicle-mounted spraying to remotely piloted application increases labor productivity and reduces workers’ direct and prolonged exposure to chemicals and biological products. One of the biggest benefits will be protecting the long-term health of employees at a facility that operates continuously and handles more than half of Ho Chi Minh City’s daily waste.

“Our employees are the heart and soul of Vietnam Waste Solutions, which is a family company first and foremost. We don’t see investment in our employees as an expense, but as a long-term driver of additional revenue. After all, the healthier and happier your workers are, the more productive they are, and the better the operations of the business become as a result. We have always operated with that principle first in mind,” said David Duong.

The new initiative reflects the increasing trend among market leaders in Vietnam toward modernizing environmental protection and encouraging businesses to apply advanced technology, automation and AI in commercial operations and environmental protection.

The program has received positive assessments from local government authorities familiar with the facility’s odor-control work. Automating a portion of environmental monitoring and treatment reduces dependence on manual labor for hazardous, weather-sensitive tasks and improves the efficiency of urban environmental control, an area Ho Chi Minh City has been actively promoting.

“This is really a major part of our community-relations efforts, which, as we like to say at California Waste Solutions and Vietnam Waste Solutions, are continuous and always improving. It is a really exciting new technology and one we think many of our competitors are likely to copy. In that respect, it is always nice being first,” said Michael Duong, President of California Waste Solutions.

UAV TECHNICAL SPECIFICATIONS — DJI AGRAS T100

The aircraft designated for the regular program is the DJI Agras T100, an industrial UAV configured for high-volume spraying. Company reference specifications for the platform are as follows:

Flight dimensions of 3,220 mm by 3,224 mm by 975 mm; folded dimensions of 1,105 mm by 1,265 mm by 975 mmLiquid payload of up to 100 litersSpraying capacity of up to 40 liters per minute; spreading capacity of up to 400 kilograms per minute where granular application is usedMaximum operating flight speed of 20 meters per secondEffective spraying performance in the field of approximately 10 to 18 hectares per hour, depending on application rate, wind and terrainGPS-RTK positioning for centimeter-class accuracy on pre-programmed, automated flight paths

HISTORY OF DA PHUOC AND VIETNAM WASTE SOLUTIONS

Vietnam Waste Solutions is the investor, developer and operator of the Da Phuoc Integrated Waste Management Facility, a large-scale integrated solid-waste management complex in what is now Hung Long Commune, Ho Chi Minh City.

The facility is designed to receive up to 10,000 tonnes of municipal solid waste per day and is one of the principal treatment sites serving the city. Published operating figures for Da Phuoc Integrated Waste Management Facility in recent periods have ranged from approximately 4,000 to 6,500 tonnes per day, representing more than 50 percent of Ho Chi Minh City’s daily municipal waste, depending on municipal allocation.

VWS is a wholly owned Vietnamese subsidiary of Oakland, California-based California Waste Solutions, Inc. (CWS) and has operated Da Phuoc since November 2007 under a long-term public-private arrangement. Da Phuoc was developed as Vietnam’s first sanitary-landfill model based on U.S. Subtitle D standards.

Existing operations include sanitary landfill management, recycling and material recovery, composting, leachate and wastewater treatment with treated-water reuse, and landfill-gas collection for on-site electricity generation.

Vietnam Waste Solutions has consistently been a leader in odor management, implementing extensive landfill-covering protocols, disinfection and biological-product spraying, specialized waste-truck washing systems, and landfill-gas collection and electricity generation measures designed to limit environmental impacts outside the facility.

VWS is accelerating the proposed Da Phuoc waste-to-energy project, representing a proposed investment of more than half a billion U.S. dollars and capacity of up to 50–60 megawatts, while continuing to invest in development of the Green Environmental Technology Park in Tay Ninh Province, in the area formerly within Long An Province.

ABOUT CALIFORNIA WASTE SOLUTIONS

Founded in 1992 by David Duong, California Waste Solutions provides recycling collection, processing, customer service and material recovery for residential, commercial and municipal customers in Northern California, including Oakland and San José.

Through its subsidiary Vietnam Waste Solutions, the company also operates large-scale environmental infrastructure in Ho Chi Minh City.

Headquarters: 1211 Embarcadero, Suite 300, Oakland, CA 94606. www.calwaste.com.

MEDIA CONTACT

Wendy Nguyen
PR & Marketing Manager
California Waste Solutions
wendynguyen@calwaste.com

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SOURCE California Waste Solutions

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Flytxt Recognised as a Challenger in the 2026 Gartner® Magic Quadrant™ for CSP AI-Enabled Marketing and Sales Solutions

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September 30, 2026

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DUBAI, UAE, Sept. 30, 2026 /PRNewswire/ — Flytxt, a global provider of Enterprise AI for subscription businesses, today announced that it has been recognised as a Challenger in the 2026 Gartner® Magic Quadrant™ for CSP AI-Enabled Marketing and Sales Solutions.

Flytxt views this positioning as a progression from its recognition as a Niche Player in 2025, reflecting the company’s continued growth and strong competitive position in the CSP AI market. It comes amid an expanding global footprint, broader coverage of AI-enabled marketing and sales use cases, and sustained investment in enterprise AI capabilities designed to drive business outcomes at scale. 

“We view our inclusion in a Gartner Magic Quadrant for the third time, and our positioning as a Challenger this year, as an affirmation of our pioneering work in enterprise AI,” said Dr. Vinod Vasudevan, CEO, Flytxt. “Our vision is to move beyond Co-pilots and task automation agents by creating an AI Expertforce that combines domain intelligence with agentic execution to autonomously drive growth and marketplace efficiency for CSPs.”

Flytxt’s AI combines causal reasoning, counterfactual simulation and privacy-preserving federated learning. These capabilities enable it to understand the factors influencing outcomes, evaluate alternative scenarios and determine an effective course of action tailored to each CSP’s business context, enterprise policies and data privacy requirements.

Through a continuous perceive–reason–act–learn cycle, Niya-X operates as an outcome-directed AI Expertforce rather than a collection of standalone task agents. It supports sales and marketing decisions across the value chain – from product and proposition design to growth marketing and continuous optimisation. By directly connecting customer and market signals with decisions and execution, Niya-X helps CSPs shorten the path from signal to outcome and adapt quickly as customer behaviour, market conditions and business priorities change.

Gartner, Magic Quadrant for CSP AI-Enabled Marketing and Sales Solutions, Pulkit Pandey, Khurram Shahzad, September 2026.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

To know more, visit www.flytxt.ai

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Australia’s biosolutions sector could nearly triple to AUD$ 13.1 billion by 2035

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September 30, 2026

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New report finds the sector could support nearly 44,000 jobs, but stronger incentives are needed to turn Australia’s agricultural resources into jobs, resilience and economic value

MELBOURNE, Australia, Sept. 30, 2026 /PRNewswire/ — As Australia seeks to strengthen its domestic supply chain and create more economic value at home, new research shows that Australia’s biosolutions sector could support nearly 44,000 jobs by 2035. The findings come from The Value of Biosolutions: Growth and Prosperity to 2035 – Australia edition, released today.

With supportive policies, the sector could grow by nearly 170% to AUD$13.1 billion by 2035, creating opportunities across Australian farming, manufacturing and local supply chains. This equals up to 30% of what the Australian pharmaceutical market is projected to reach by 2033.

The sector’s economic impact extends well beyond biosolutions companies themselves. For every direct job in biosolutions, a further 5.1 jobs are supported elsewhere in the economy, more than twice the global average and the highest multiplier identified among the 13 countries assessed in the study.

Creating jobs across agriculture and its wider value chain

According to the report, biosolutions can help Australia create more value from its agricultural resources, industrial capabilities and domestic supply chains. As countries invest in their bioeconomies, Australia has an opportunity to grow a sector that supports growth, regional development and long-term competitiveness.

“Biosolutions are already creating value in Australia, but the opportunity ahead is significantly greater. The policy choices made today will determine whether more jobs and economic value are created here or elsewhere,” says Kylie Evans, Head of Food & Beverage Biosolutions Oceania & Country Manager Australia at Novonesis.

The opportunity is immediate as well as long term. In biofuels, for example, Australia has local feedstocks and production capacity that could be used to create more value at home, reduce reliance on imported fuels and strengthen resilience to global supply disruption. Yet some production capacity remains underused and significant volumes of potential feedstock are exported.

“Clear measures to support domestic demand for bioethanol and biodiesel could help turn this existing potential into jobs, investment and greater energy resilience,” says Kylie Evans.

Turning potential into growth

To translate the potential of biosolutions into jobs and investment, the report recommends explicitly recognizing biosolutions within Australia’s existing industrial, agricultural and innovation frameworks. It also calls for measures including clearer demand for incentives for low-carbon fuels, improved regulatory pathways and greater access to finance for agricultural biosolutions.

“Embedding biosolutions in initiatives such as Future Made in Australia, the Cleaner Fuels Program and the Australian Agricultural Sustainability Framework would help unlock investment, innovation and jobs across the economy. Australia can also use its role as President of Negotiations for COP31 to demonstrate how economic growth and climate ambition can reinforce each other by strengthening energy resilience and food security, advancing sustainable agriculture and supporting industrial bioprocessing,” says Kylie Evans.

Today, biosolutions are used across more than 30 industries globally and are increasingly recognized as an important driver of economic growth, innovation, and resource efficiency.

Download The Value of Biosolutions: Growth and Prosperity to 2035 – Australia Edition: https://www.thevalueofbiosolutions.com/australia-edition

What are biosolutions?

Microbes, enzymes and other proteins are the building blocks of all living things. Using modern science and technology, these microscopic changemakers can be used as solutions to help businesses reduce waste, save energy and water, cut dependence on fossil resources and develop innovative and profitable products. These biological solutions — biosolutions — are already used across more than 30 industries from preventive health and industrial applications to agriculture and food production.

About Novonesis

Novonesis is leading the era of biosolutions.

By leveraging the power of microbiology with science, we transform the way the world produces, consumes and lives. In more than 30 industries around the world, our biosolutions are already creating value for thousands of customers and benefiting the planet. Our 11,000 people worldwide work closely with our partners and customers to transform business with biology.

Let’s better our world with biology.

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SOURCE Novonesis

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