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Studsvik and ReNu Industries partner to bring inDRUM waste treatment technology to Fukushima

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Studsvik AB and ReNu Industries Inc. will adapt Studsvik’s inDRUM technology for radioactive waste treatment to Japanese conditions, with the aim of building a pilot plant in Fukushima. Studsvik’s Japanese subsidiary, Studsvik Japan, Ltd., and ReNu signed an agreement on technical advisory services at Studsvik’s headquarters in Nyköping on 21 October 2026.

NYKÖPING, Sweden, Oct. 23, 2026 /PRNewswire/ — Under the agreement, Studsvik will provide ReNu with technical information and advice on design conditions for a Japanese version of inDRUM. ReNu will design a pilot plant adapted to Japan’s seismic and regulatory requirements and to the characteristics of the waste to be treated.

The partnership is the first step in the model Studsvik has chosen for taking inDRUM to international markets. Studsvik will build and operate its own inDRUM facilities in Sweden, while abroad it will license the technology and work with local partners that design, build and operate the plants.

inDRUM, developed and patented by Studsvik, treats radioactive waste inside sealed drums. Each drum is placed in a treatment unit and heated under a nitrogen blanket, which removes free liquids, breaks down organic material and leaves a stable residue suitable for long-term storage and disposal. Because the drums are neither opened nor sorted, worker exposure and manual handling are minimised. For spent ion-exchange resins and similar wastes, volume can be reduced by up to 90 per cent. Studsvik operates a full-scale inDRUM demonstration facility in Nyköping and is advancing the adoption of inDRUM for the treatment of radioactive waste from the European Spallation Source (ESS) in Lund.

Decommissioning of the Fukushima Daiichi Nuclear Power Plant is expected to take 30–40 years, and the decommissioning of other nuclear power plants in Japan is gathering pace. At the same time, Japan is restarting reactors shut down after 2011, which increases the need for waste treatment and for other services Studsvik provides. Reducing and stabilising the volume of radioactive waste is a long-term challenge in this work.

ReNu has been awarded up to JPY 700 million (approximately USD 4.4 million) under the Subsidy for Projects Promoting Practical Development for Regional Reconstruction, implemented by Fukushima Prefecture under the Japanese Government’s Fukushima reconstruction initiative, to develop a radioactive waste treatment pilot plant in Fukushima. ReNu aims to establish the basic design conditions for the Japanese version of inDRUM during fiscal year 2026, which ends in March 2027, and, subject to the necessary agreements, to complete the pilot plant in fiscal year 2028.

Building on the Fukushima project, Studsvik and ReNu will explore deploying inDRUM elsewhere in Japan and in Asia, as well as broader cooperation in nuclear engineering, including fusion.

“Fukushima will need radioactive waste treatment for decades. ReNu is based in Okuma, the town that hosts the plant, and brings the local knowledge needed to adapt inDRUM to Japanese conditions. Fukushima is our starting point in Japan and in Asia,” says Karl Thedéen, President and CEO, Studsvik.

“Studsvik Japan will coordinate the Studsvik Group’s experts and support ReNu as it develops the Japanese version of inDRUM,” says Masatoshi Yamasaki, President and Representative Director, Studsvik Japan.

“Decommissioning Fukushima requires technology proven around the world, re-engineered to fit Japan’s regulations and site conditions and implemented with local hands. Through our technical collaboration with Studsvik, ReNu will adapt inDRUM to Japanese regulatory and site requirements. We intend to build on our experience in Fukushima to pursue opportunities elsewhere in Japan and overseas,” says Ryohei Takahashi, CEO, ReNu Industries Inc.

The agreement is not expected to have a financial impact of such materiality that it significantly affects Studsvik Group’s results during 2026–2027.

For more information, please contact:

Studsvik AB, Media Relations: media.relations@studsvik.com 

ReNu Industries Inc., Public Relations: info@renu-industries.com 

About Studsvik

Studsvik is an independent nuclear technology company active across the full nuclear lifecycle, from new build development to existing fleet services, operations support and decommissioning. It is a leading supplier of vendor-independent reactor analysis software, and its hot cell laboratories in Nyköping test fuel and materials for fission and fusion applications worldwide. Studsvik also provides radiation protection services and technology for treating radioactive waste, and handles and packages radioisotopes for healthcare and industry. ReFirm is Studsvik’s platform for new nuclear development in Sweden. Founded in 1947 as the centre of Sweden’s national nuclear programme, Studsvik today serves operators, fuel vendors, technology developers and regulators in more than 20 countries, has approximately 540 employees in six countries, and is listed on Nasdaq Stockholm (SVIK).

www.studsvik.com  https://www.linkedin.com/company/studsvik/

About ReNu Industries

ReNu Industries Inc. is a nuclear engineering start-up founded in December 2025 and headquartered in Okuma Town, Futaba District, Fukushima Prefecture, Japan. Through the business succession of local nuclear suppliers and the introduction of advanced technologies from overseas partners and universities, ReNu works to rebuild the nuclear supply chain and accelerate decommissioning. ReNu has raised seed funding from leading Japanese venture capital firms including Spiral Capital, Miraisozo Investments, Mitsubishi UFJ Capital, Fukui Capital Partners and Joyo Capital Partners.

Media Relations
media.relations@studsvik.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/studsvik-ab/r/studsvik-and-renu-industries-partner-to-bring-indrum-waste-treatment-technology-to-fukushima,c4413974

The following files are available for download:

https://mb.cision.com/Public/4019/4413974/85e3330f75e328d9.pdf

Press Release Studsvik and ReNu Industries partner to bring inDRUM waste treatment technology to Fukushima October 2026

https://news.cision.com/studsvik-ab/i/renu-studsvik,c3575245

ReNu Studsvik

View original content:https://www.prnewswire.com/apac/news-releases/studsvik-and-renu-industries-partner-to-bring-indrum-waste-treatment-technology-to-fukushima-302917858.html

SOURCE Studsvik AB

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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October 24, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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57 minutes ago

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October 24, 2026

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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Club Offers for Travel Enthusiasts in Canada

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2 hours ago

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October 23, 2026

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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