Bigger Budgets, Less Relief: 83% of In-House Teams Expect Legal Budgets to Increase in 2027, Yet 55% Still Expect Workload to Outpace Budget
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The findings come from the Axiom 2027 In-House Legal Budget Report, a global study of 510 in-house legal and finance leaders across six countries, conducted by InsightDynamo and commissioned by Axiom. Sixty-four percent of respondents represent companies with $1 billion or more in annual revenue. The full report benchmarks budgets by company revenue, team size, and region and gives legal leaders peer data to bring into budget season.

For years, budget math was simple. Workload went up, the budget went up, and you either hired another lawyer or sent the work to a firm," said Sara Morgan, Chief Legal AI and Talent Officer at Axiom. "That formula is breaking down. Compensation is climbing, firm rates are climbing, and AI mandates arrive without funding. So legal teams cover it from other lines, the gains take longer to land than anyone planned, and the work still has a deadline. The firm gets the call by default, not because it's the only option. Law firms win either way, and a bigger budget doesn't break that cycle. It just funds another year of it."

Other key takeaways from this year's study:

- AI mandates are typically unfunded. When the business asks legal to implement AI, the funding does not come with it 92% of the time, up from 78% a year ago. Teams absorb the cost by pulling from other line items, usually the existing technology budget, and AI spend grows as adoption spreads across the department.

- AI is raising law firm bills, not lowering them. Fifty-nine percent of legal leaders say their law firms raised fees while positioning AI as a value-add, roughly double last year's share. Firms pass savings through more often than they did a year ago, but AI is unlikely to curb law firm rates in any material way anytime soon.

- First-year associate rates are a pain point. Outside counsel rates rose for 85% of teams over the past year, and many single out first-year associate pricing as a key reason they are shifting work elsewhere — usually to alternative legal service providers (ALSP).

- Talent costs keep climbing even as hiring gets easier. Fully loaded compensation rose for 83% of in-house teams over the past year and fell for none, yet clear majorities say both recruiting and retention have gotten easier. Teams are paying more for talent in a market that has, by their own account, loosened.

The teams getting out from under this vicious cycle are changing how they deploy their budgets rather than simply asking for more. Run-the-company work that once went to law firms by default is coming back under in-house control, supported by ALSPs, AI tools, and smaller firms. More than six in ten teams increased their ALSP use over the past year, and nearly seven in ten expect to spend more within two years. Cost is not the main factor. Quality, specialized expertise, and integration all rank higher as reasons in-house teams use alternative providers. Price seals the decision, but it isn't what prompts it.

In most cases, CFOs are the ones pushing. Eighty-three percent of CFOs suggest or actively encourage moving law firm work to alternative providers, and just 2% would rather Legal stick with its established firms. Axiom's 2026 GC Report found the same trajectory earlier this year, with 80% of in-house legal leaders planning to move significant firm work in-house or to alternative providers within 24 months.

"Legal leaders have long faced pressure on their budgets, but rising workloads, law firm costs, and expectations around technology have made that pressure harder to manage," said Kirke Weaver, Executive Vice President and General Counsel at Organon. "Companies also ask legal departments to demonstrate clearer value, often without providing meaningful new funding. Legal leaders need credible, flexible ways to maintain quality, manage risk, and make smarter resourcing decisions, so they can turn budget growth into real capacity and impact, rather than simply absorb the higher costs."

"Flex capacity used to be the thing you reached for when something broke," said Chase Farmer, Chief Commercial Officer at Axiom. "The legal teams handling today's pressures most effectively have incorporated it into the operating model instead. They decide at the start of the year what share of the work should be handled by flex resources to maximize budget agility and ensure that they are allocating work strategically rather than reactively."  

This year's report also works as a benchmark. Legal budgets average roughly $22.4 million overall, from about $7 million at companies under $1 billion in revenue to $49 million above $5 billion. By team size, departments of 15 lawyers or fewer average $9.5 million, while those of 51 or more average $33 to $34 million.

Along with the report, Axiom is offering a free legal spend consultation, a customized assessment that helps legal departments model the potential cost impact of moving work from traditional law firms to Axiom. As the year closes, the consultation can also help teams identify how Axiom can help support backlogged projects, get a jump-start on 2027 initiatives, or simply create additional capacity to relieve the in-house team during the end-of-year sprint.

"Nobody walks into budget season with a comparison," Farmer said. "A GC knows exactly what their own department spent last year and has no idea whether that's high or low for a company of their size. So, what the CFO hears is a bigger number and more money Put the rest of the market on the table, and the meeting changes. You stop arguing over the percentage and start talking about what the work actually costs. And the next question is always the same: what happens if some of this work doesn't go to the firm? That's a number you can run before you commit to anything."

To see how Axiom can help you do more with less, sign up for a consultation: https://www.axiomlaw.com/legal-cost-savings-calculator-demo

The Axiom 2027 In-House Legal Budget Report is available at: https://www.axiomlaw.com/resources/articles/legal-budgeting-survey-report

About Axiom

As the leading alternative legal services provider globally, Axiom Law gives in-house legal teams on-demand access to top legal talent and lawyers — deployed when, where, and how clients need it, for up to 50% less than national law firms.

Axiom's network of 14,000+ legal professionals includes 4,000+ lawyers with Fortune 500 experience, delivering AI-enabled legal services across more than 12 practice areas: M&A, regulatory compliance, data privacy, labor and employment, technology and AI, and more. Engagements range from legal secondments and complex project support to fully embedded team solutions.

The results speak for themselves. Trusted by 75% of the Fortune 100 and thousands of mid-market leaders, Axiom ranks #1 among Alternative Legal Service Providers in 8 of 9 performance categories — including talent quality, breadth, productivity, and client experience — according to a top 5 global consulting firm. Across more than 3,000 engagements annually in 6 regions and 4 continents, 93% of clients rate Axiom lawyers as good as or better than top law firm attorneys, with 96% client satisfaction and measurable cost savings that reduce outside counsel spend without sacrificing quality.

Stop overpaying for law firm work. Start with Axiom. For more information, visit www.axiomlaw.com.

SOURCE Axiom

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Bigger Budgets, Less Relief
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<p>New Axiom study of 510 in-house legal leaders and CFOs finds that bigger budgets are not bringing relief. Legal departments are being squeezed by rising talent costs, ballooning law firm fees, an AI bill nobody budgeted for, and a workload that is outrunning all of it NEW YORK, Sept. 8,...</p>

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Bright Uro expands Board Leadership with addition of two Medtech and Urology Industry Veterans
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Joseph DeVivo and Ted Lamson, Ph.D. join Bright Uro's Board, bringing decades of medical device leadership, digital health innovation and urology device commercialization experience to guide the company's next phase of growth

IRVINE, Calif., Sept. 8, 2026 /PRNewswire/ -- Bright Uro, Inc., the company transforming care for lower urinary tract dysfunction (LUTD) through innovations in urodynamics, today announced the addition of two accomplished medical device pioneers to its Board: Joseph DeVivo, President, CEO and Chairman of the Board of Butterfly Network, will serve as a Board Director, and Ted Lamson, Ph.D., co-founder and co-inventor of the UroLift® System at NeoTract, will serve as a Strategic Advisor to the Board of Directors. The appointments come as Bright Uro accelerates commercialization of the Glean® Urodynamics System — the first wireless, catheter-free urodynamics platform to offer multi-channel studies — and continues development of Urodynamic Intelligence™, its proprietary AI and machine learning platform for interpreting urodynamic data.

Joseph DeVivo is President, CEO and Chairman of the Board of Butterfly Network, a pioneer and leader in semiconductor-based ultrasound, cloud software and AI. He brings 37 years of business leadership, including more than two decades in medical devices and nearly a decade in digital health. Over his career, DeVivo has acquired and integrated eight companies, led four business turnarounds, and delivered three company exits as CEO and two as Chairman. Prior to Butterfly Network, DeVivo led InTouch Health and Teladoc Health's Hospitals and Health Systems business, and previously chaired the board of Caption Health, an AI-guided ultrasound company. He has served on the AdvaMed Board for 15 years, including as Chairman of its Center for Digital Health.

Ted Lamson, Ph.D. is the co-founder and co-inventor of the UroLift® System, the minimally invasive BPH implant that became one of urology's most widely adopted device-based therapies. Lamson served as President and CEO of NeoTract, then as Chief Technical Officer, guiding UroLift through FDA clearance, reimbursement and a $1.1 billion acquisition by Teleflex Incorporated. He holds more than 100 patents and received the Endourological Society's Industry Award for Innovations in Endourological Instrumentation. Lamson currently serves as Special Advisor to multiple urology device companies including ProVerum and Calyxo.

Both appointees bring experience directly relevant to Bright Uro's mission and growth stage. DeVivo's track record scaling connected, software-enabled diagnostic and digital health platforms — including his leadership of an AI-guided ultrasound company — closely mirrors Bright Uro's work building Urodynamic Intelligence™. Lamson's experience taking a novel urology device from concept through FDA clearance and a category-defining commercial exit speaks directly to the path Bright Uro is charting for the Glean Urodynamics System within the broader urology device landscape.

"Glean is doing for urodynamics what connected, data-driven platforms have done across the rest of medtech — replacing a cumbersome, artisanal process with something more streamlined, consistent, and built to scale. I've spent my career helping devices like this cross the gap from clinical promise to standard of care, and I see that same inflection point here." — Joseph DeVivo

"UroLift taught me that even clinically transformative technologies only reach patients by building a solid path to adoption. Glean is tackling something urodynamics has lived with for decades — a test that's highly operator dependent and inconsistent because of the catheters and setup it requires. I'm looking forward to helping Bright Uro continue on the path to becoming the preferred modality for the field." — Ted Lamson, Ph.D.

"I couldn't be more excited to work alongside and learn from Joe and Ted. They each have taken a device from clinical insight to standard of care — Joe by scaling connected, AI-enabled platforms across health systems, and Ted by building UroLift into one of the most innovative and widely adopted therapies in urology. They've led at every stage of the journey, and their guidance will be invaluable as we rapidly accelerate commercial growth at Bright Uro." — Derek Herrera, Founder and CEO, Bright Uro

The appointments come as Kurt Azarbarzin rejoins the Board, alongside current directors Jane Kiernan, Sofia Gerard and Derek Herrera.

About Glean

The Glean® Urodynamics System is a urodynamic analyzer system intended to quantify the pressure and flow characteristics of the lower urinary tract. Glean is the first and only method to perform wireless, catheter-free urodynamics — delivering more accurate data, quicker proficiency for clinical staff and a more dignified patient experience. The system can be used in adult patients to perform standard urodynamic tests such as uroflow, cystometrogram, urethral pressure profile and micturition studies to support diagnosis of conditions such as overactive bladder (OAB) and benign prostatic hyperplasia (BPH)/lower urinary tract symptoms (LUTS). For more information, visit www.GleanUDS.com.

About Bright Uro

Based in Irvine, Calif., Bright Uro's mission is to offer a superior urodynamics experience by building the most advanced diagnostic devices and data science for urodynamics. Founded in 2021 by Derek Herrera — a Marine Raider Special Operations Officer who was paralyzed in combat and went on to become a medical device entrepreneur — Bright Uro is committed to becoming the most trusted and reliable partner for clinicians and patients during their time of need. For more information, visit www.GleanUDS.com.

SOURCE Bright Uro

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<p>Joseph DeVivo and Ted Lamson, Ph.D. join Bright Uro's Board, bringing decades of medical device leadership, digital health innovation and urology device commercialization experience to guide the company's next phase of growth IRVINE, Calif., Sept. 8, 2026 /PRNewswire/ -- Bright Uro, Inc.,...</p>

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Amino Minder Brings Real Pharmacokinetic Modeling to Peptide and GLP-1 Tracking, Now Live on the Web -- Android App Coming Soon
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Amino Minder Brings Real Pharmacokinetic Modeling to Peptide and GLP-1 Tracking, Now Live on the Web -- Android App Coming Soon

New tracker goes beyond dose logging to model estimated plasma levels over time, including downstream hormone cascades for GH-secretagogue stacks

KINGMAN, Ariz., Sept. 8, 2026 /PRNewswire/ -- Baya Lobo LLC today announced the web launch of Amino Minder (aminominder.com), a peptide, GLP-1, TRT, and HRT protocol tracker built around a feature no competing app currently claims: a real pharmacokinetic (PK) engine that estimates and graphs a user's plasma level for each tracked compound over time, rather than simply logging that a dose was taken.

Most peptide-tracking apps on the market function as digital logbooks — a calendar of doses, reminders, and inventory. Amino Minder's PK engine goes further, using standard one-compartment absorption/elimination modeling to show users a rise-and-decay curve for every compound they log, adjustable for route of administration, individual half-life, and a user-configurable clearance modifier. For compounds like the GHRH- and GHRP-class growth-hormone secretagogues — where the injected peptide triggers a downstream cascade of natural GH release, which in turn drives a separate, slower IGF-1 response — Amino Minder models that full chain, including synergy effects when GHRH- and GHRP-class compounds are stacked together, a combination known to produce a greater GH response than either compound alone.

"When I started my peptide journey, I couldn't find the app I wanted, at any cost. So we built it, and made it affordable," said Jim Hamilton, founder of Baya Lobo LLC.

Additional features include pre-built multi-compound stack templates (including commonly-used combinations like GLOW, KLOW, and Wolverine), a low-clutter inventory tracker, streaks and milestone tracking to support consistency, customizable dose reminders, and a polished PDF export designed to be shared with a doctor or research partner. Consistent with its position as an informational tracking tool — not a source of medical advice — Amino Minder deliberately does not include an AI chat assistant or any feature that suggests dosing decisions to users.

Amino Minder is priced at $1.99/month, $9.99/year, or $24.99 as a one-time lifetime purchase — undercutting every comparable app in the category, and one of the only ones offering a straightforward lifetime tier with no retroactively-added sub-tiers.

The web app is available now at aminominder.com. An Android app is in final preparation for Google Play, with iOS to follow.

About Amino Minder

Amino Minder is a product of Baya Lobo LLC, based in Kingman, Arizona. Amino Minder is intended for personal tracking and informational purposes only. It is not a medical device and does not provide medical advice.

Media Contact

Jim Hamilton

Baya Lobo LLC

[email protected]

(928)473-1591

SOURCE Amino Minder

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<p>New tracker goes beyond dose logging to model estimated plasma levels over time, including downstream hormone cascades for GH-secretagogue stacks KINGMAN, Ariz., Sept. 8, 2026 /PRNewswire/ -- Baya Lobo LLC today announced the web launch of Amino Minder (aminominder.com), a peptide, GLP-1,...</p>

Noticia de Artprice: D-12 | 18ª Bienal de Lyon - Arte Contemporáneo
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Noticia de Artprice: D-12 | 18ª Bienal de Lyon - Arte Contemporáneo

17 Y 18 DE SEPTIEMBRE PARA PROFESIONALES,

ABIERTO AL PÚBLICO A PARTIR DEL 19 DE SEPTIEMBRE 

PARIS, 8 de septiembre de 2026 /PRNewswire/ -- Doce días antes de su inauguración al público, la 18ª Bienal de Lyon – Arte Contemporáneo se prepara para recibir a artistas, profesionales del arte contemporáneo, coleccionistas, instituciones y miembros de la comunidad artística internacional durante dos jornadas de preestreno profesional, el jueves 17 y el viernes 18 de septiembre de 2026.

A partir del sábado 19 de septiembre, la Bienal abrirá sus puertas al público durante casi tres meses de exposiciones en 11 sedes de Lyon y su área metropolitana, hasta el 13 de diciembre de 2026.

17 Y 18 DE SEPTIEMBRE: DOS DÍAS DEDICADOS A LOS PROFESIONALES DEL ARTE CONTEMPORÁNEO

Antes de su inauguración al público, la Bienal de Lyon invita a la comunidad artística francesa e internacional a dos jornadas de preestreno profesional que ofrecen un vistazo exclusivo a su 18ª edición.

Artistas, curadores, galeristas, directores de museos y centros de arte, coleccionistas y profesionales que trabajan en instituciones culturales, producción, mediación, comunicación e investigación están invitados a unirse a nosotros en Lyon los días 17 y 18 de septiembre.

La acreditación profesional incluye:

- Acceso exclusivo a las sedes de la exposición durante los días de preestreno para profesionales, el 17 y 18 de septiembre;

- Acceso a la recepción de inauguración de la 18ª Bienal de Lyon – Arte Contemporáneo, el viernes 18 de septiembre en Les Grandes Locos;

- Acceso a todas las sedes de la Bienal durante los dos primeros días de la apertura al público, el 19 y 20 de septiembre.

La acreditación es personal y obligatoria para acceder a las jornadas de presentación profesional. El plazo de solicitud está abierto hasta el miércoles 16 de septiembre de 2026 inclusive.

Solicitar la acreditación profesional: https://www.labiennaledelyon.com/espaceprofessionnel/accreditation-faq

Programa de Jornadas Profesionales: https://www.labiennaledelyon.com/espaceprofessionnel/journees-professionnelles-programme?compact=1

Reuniones, conversaciones con artistas, oportunidades de intercambio y eventos profesionales marcarán estos dos días. El programa incluye, entre otros, encuentros internacionales y sesiones de networking en Les Grandes Locos, así como una serie de conversaciones que reunirán a artistas y profesionales de diferentes ámbitos artísticos internacionales.

Contacto profesional

[email protected] 

+33 (0)4 27 46 65 67

A PARTIR DEL 19 DE SEPTIEMBRE, LA BIENAL ABRE SUS PUERTAS AL PÚBLICO

Del sábado 19 de septiembre al domingo 13 de diciembre de 2026, la 18ª Bienal de Lyon – Arte Contemporáneo invita al público a descubrir un nuevo mapa artístico de Lyon y su área metropolitana.

Bajo el título "Passer d'un rêve à l'autre / Pasar de un sueño a otro", esta 18ª edición está bajo la dirección artística de Isabelle Bertolotti y comisariada por Catherine Nichols.

Inspirada en los traboules de Lyon —pasajes que atraviesan patios y edificios, conectando un espacio con otro—, la Bienal explora las maneras en que podemos transitar de un modo de percepción a otro y, quizás, de un sueño colectivo a otro.

Partiendo de la historia de Lyon como ciudad de comercio, producción, circulación e intercambio, esta edición examina las economías que organizan nuestras vidas: las formas en que los seres humanos y más que humanos adquieren, transforman, comparten y circulan los recursos materiales e inmateriales que les permiten vivir.

11 LUGARES PARA VIVIR LA CIUDAD DE FORMA DIFERENTE

Con 120 artistas y 11 espacios de exposición, la Bienal de este año va mucho más allá del itinerario tradicional de un museo. Instituciones culturales, lugares patrimoniales, antiguos espacios industriales, espacios públicos y lugares de tránsito conforman una geografía por descubrir en toda la ciudad y el área metropolitana:

- Les Grandes Locos

- Musée d'art contemporain de Lyon – macLYON

- Musée des Tissus et des Arts décoratifs

- Traboules des pentes de la Croix-Rousse

- Jardin du Musée des Beaux-Arts

- IAC – Institut d'art contemporain / Frac Rhône-Alpes

- Musée des Confluences

- Fondation Bullukian

- Parking LPA Saint-Antoine

- Metro Line B – Gare Part-Dieu station

- Cour des Loges, A Radisson Collection Hotel

Tres sedes constituyen los pilares fundamentales de esta edición: Les Grandes Locos, macLYON y el Musée des Tissus et des Arts décoratifs.

En Les Grandes Locos, la escala industrial del recinto evoca cuestiones de producción, transformación, extracción y circulación. En macLYON, la exposición explora con mayor profundidad las condiciones de existencia, la vida y la muerte, la herencia y la deuda. En el Musée des Tissus, las obras examinan las formas de relación, cuidado e intercambio.

En torno a estos tres grandes centros, la Bienal se extiende por toda la ciudad, ocupando instituciones artísticas, lugares patrimoniales y espacios cotidianos por igual.

LYON: UNA EXPERIENCIA ARTÍSTICA QUE ABARCA TODA LA CIUDAD

Durante casi tres meses, la Bienal invita al público a descubrir Lyon desde una perspectiva diferente.

Entrar en un museo, pasear por un traboule, encontrarse con una obra de arte en un antiguo complejo ferroviario-industrial, un jardín, un aparcamiento o una estación de metro: el recorrido convierte la ciudad en uno de los territorios de la exposición.

Con esta 18ª edición, la Bienal de Lyon reafirma con más fuerza que nunca su misión: hacer del arte contemporáneo una experiencia de encuentro, circulación y compartición, abierta a todos.

INFORMACIÓN PRÁCTICA

18ª Bienal de Lyon – Arte Contemporáneo: "Passer d'un rêve à l'autre / Pasar de un sueño a otro"

Director Artístico: Isabelle Bertolotti

Comisaria invitada: Catherine Nichols

Director General, Biennale de Lyon: Cécile Bourgeat

Jornadas de preestreno para profesionales: 17 y 18 de septiembre de 2026

Recepción de inauguración: 18 de septiembre de 2026 a las 18:30 h, solo con invitación

Apertura al público: 19 de septiembre de 2026

Exposición: 19 de septiembre a 13 de diciembre de 2026

11 espacios de exposición en Lyon y su área metropolitana

120 artistas

400 obras

Acreditación profesional abierta hasta el 16 de septiembre de 2026 inclusive.

Entradas para el público general: venta anticipada hasta el 18 de septiembre. El Pase de la Bienal está disponible por 20 € en lugar de 25 €.

Bienal de Lyon

https://www.labiennaledelyon.com

Imágenes:

[https://imgpublic.artprice.com/img/wp/sites/11/2026/07/img1-BAC26_VISUEL_V.jpg]

[https://imgpublic.artprice.com/img/wp/sites/11/2026/07/img2-BIENNALE_LYON_BAC26_BLOC-MARQUE_EN_DATES.jpg]

[https://imgpublic.artprice.com/img/wp/sites/11/2026/07/LOGO-labiennaledelyon.jpg]

SE ABRE OTRO CAMINO

Junto a su compromiso de larga trayectoria con la Bienal de Lyon, Artprice abre un nuevo camino, esta vez a través del lenguaje.

'Diálogo entre un pensador y la IA', el manuscrito RAW de 1.800 páginas de acceso abierto de thierry Ehrmann, pone en circulación la memoria, el arte, el humanismo y la inteligencia artificial.

No es un producto para consumir, sino un texto para adentrarse, explorar y compartir.

El Códice es tuyo: https://www.dialoguebetweenathinkerandai.com/en/

Acerca de:

Artprice by Artmarket y La Demeure du Chaos/Abode of Chaos se asocian con la 18ª Bienal de Lyon, comisariada por Catherine Nichols y bajo la dirección artística de Isabelle Bertolotti.

Esta colaboración reúne a dos actores clave del mundo del arte, ambos profundamente arraigados en Lyon y con una marcada proyección internacional. Durante más de cuarenta años, la Bienal de Lyon ha impulsado la evolución del arte contemporáneo y ha contribuido a consolidar el área metropolitana de Lyon como plataforma líder para artistas, profesionales del arte y público de todo el mundo. Artprice, líder mundial en información sobre el mercado del arte, lleva décadas documentando las transformaciones del panorama artístico internacional y las trayectorias de los artistas que lo configuran.

Contacto: Thierry Ehrmann, [email protected]

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<p>17 Y 18 DE SEPTIEMBRE PARA PROFESIONALES, ABIERTO AL PÚBLICO A PARTIR DEL 19 DE SEPTIEMBRE PARIS, 8 de septiembre de 2026 /PRNewswire/ -- Doce días antes de su inauguración al público, la 18ª Bienal de Lyon – Arte Contemporáneo se prepara para recibir a artistas, profesionales del arte...</p>

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Avianca secures first of its kind financing from the Brazilian Agency for the Management of Guarantee Funds and Guarantees (ABGF) for Maintenance, Repair and Overhaul (MRO) services at GE Aerospace's MRO shop in Brazil
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- The financing through Citibank and backed by ABGF supports shop visits for Avianca's fleet of CFM56 engines performed at GE Aerospace's Celma MRO shop

BOGOTÁ, Colombia, Sept. 8, 2026 /PRNewswire/ -- Avianca -part of Abra Group along with Gol and Wamos-, GE Aerospace, and the Brazilian Agency for Management of Guarantee Funds and Guarantees (ABGF) today announced a financing agreement supporting maintenance, repair and overhaul (MRO) services for Avianca's CFM56 aircraft engines at GE Aerospace's Celma MRO shop in Brazil

The financing includes up to US$300 million arranged through Citibank and supported by Export Credit Insurance (SCE) provided by ABGF, operator of the Brazilian export credit insurance program. The structure supports the export of high-value Brazilian services and marks the first time a non-Brazilian airline has secured financing under this framework for aircraft engine maintenance services.

"Maintaining a reliable and efficient fleet is fundamental to delivering the experience our customers deserve," said Felipe Gutierrez, Chief Operating Officer of Avianca. "According to Abra Group's approach to fleet synergies and growth, this agreement provides additional flexibility to execute our maintenance plans while continuing to invest in the resilience, reliability, and performance of our operation."

"Supporting high-technology services performed in Brazil generates value, skilled employment and foreign exchange earnings for the country," said Maíra Madrid, President of ABGF. "By supporting transactions such as this one, ABGF helps strengthen the international presence of Brazilian companies and contributes to expanding Brazil's participation in global aerospace value chains."

"This innovative financing solution, a first-of-its-kind with ABGF, provides Avianca with access to world-class maintenance and overhaul services at our Celma facility in Brazil," said Mahendra Nair, Group VP of Global Commercial Sales at GE Aerospace. "We look forward to building on this initiative to deliver even greater value for our customers across the region."

The agreement reinforces Brazil's position as a regional hub for specialized aerospace services and highlights the country's ability to serve international airlines through highly qualified talent, internationally certified facilities and advanced technical capabilities.

GE Aerospace's Celma MRO facility in Brazil serves as the company's main aircraft engine overhaul operation in Latin America. Close to 25% of GE Aerospace's internal engine maintenance work worldwide is carried out by the Brazilian operation, across its five sites in the municipalities of Petrópolis, Rio de Janeiro, and Três Rios.

About Avianca

Avianca, a Star Alliance member and part of Abra Group, encompasses Aerovías del Continente Americano S.A., Taca International Airlines S.A., Avianca Costa Rica S.A., Avianca Ecuador S.A., Aviateca S.A., Regional Express Américas S.A.S., LifeMiles, and Avianca Cargo. With more than 106 years of operations, Avianca comprises the leading airline group in Colombia, Ecuador, and Central America, and operates one of the largest air transportation networks in Latin America. Together, Avianca's passenger operation and its dedicated cargo business, Avianca Cargo, operate a fleet of more than 160 aircraft. In passenger transportation, Avianca offers more than 160 routes, operates more than 700 daily flights, and connects more than 80 destinations across more than 25 countries in the Americas and Europe. In 2025, Avianca transported nearly 37 million customers through the operation of more than 262,000 flights. Its loyalty program, Lifemiles, is one of the largest in Latin America, with over 16 million members and more than 200 partner merchants. In cargo transportation, Avianca Cargo is the leading operator in various markets across the Americas, connecting over 350 destinations through its 220 weekly cargo flights, passenger flight network, and interline agreements. For more information, visit www.avianca.com.

About Abra

Abra is a leading air transportation company across Latin America that brings together the iconic Avianca and GOL airline brands, along with a strategic investment in Wamos Air, on a unified, pan-Latin American platform. The Company also encompasses leading loyalty programs (LifeMiles and Smiles) and robust cargo operations.

Avianca, the second-oldest airline in the world, operates a fleet primarily comprised of A320 and B787 passenger aircraft, as well as cargo aircraft. GOL, one of Brazil's leading airlines, operates a fleet largely composed of B737 passenger aircraft. Wamos Air is a leading European provider of wide-body Aircraft, Crew, Maintenance and Insurance (ACMI) services, operating A330 passenger aircraft. Abra has approximately 30,000 employees and operates a fleet of more than 300 aircraft, with scheduled flights serving more than 25 countries and over 145 destinations. For more information, visit www.abragroup.net

About GE Aerospace

GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 50,000 commercial and 30,000 military aircraft engines. With a global team of approximately 57,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow, and the future at www.geaerospace.com.

About ABGF

The Brazilian Agency for Guarantee Funds and Guarantees (ABGF) is a federal public company responsible for managing guarantee funds and structuring guarantee instruments that support public policies and expand access to credit and investment in Brazil. Linked to the Ministry of Finance, ABGF manages Brazil's Export Credit Insurance program (SCE) in partnership with the Ministry of Development, Industry, Foreign Trade and Services (MDIC) and works in cooperation with government entities, financial institutions, and private-sector stakeholders to reduce risks, strengthen strategic transactions, and promote Brazil's economic and social development.

SOURCE Avianca

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<p>The financing through Citibank and backed by ABGF supports shop visits for Avianca's fleet of CFM56 engines performed at GE Aerospace's Celma MRO shop BOGOTÁ, Colombia, Sept. 8, 2026 /PRNewswire/ -- Avianca -part of Abra Group along with Gol and Wamos-, GE Aerospace, and the Brazilian...</p>

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Harmonic presenta la plataforma de inteligencia cOS SensAI para operaciones de banda ancha
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Harmonic presenta la plataforma de inteligencia cOS SensAI para operaciones de banda ancha

La nueva plataforma de inteligencia de banda ancha independiente del proveedor reduce la complejidad operativa y mejora la calidad del servicio para los proveedores de servicios de banda ancha

SAN JOSE, California, 8 de septiembre de 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) presentó hoy cOS SensAI™, una plataforma de inteligencia basada en software, independiente del proveedor, que unifica datos heterogéneos de cualquier fuente en la red de un operador de banda ancha, creando una única capa de información coherente. SensAI transforma datos operativos complejos en información clara y práctica, lo que permite a los proveedores de servicios de banda ancha gestionar proactivamente sus operaciones, mejorar la experiencia de los suscriptores, aumentar el Net Promoter Score y fidelizar a sus clientes a largo plazo.

"El próximo capítulo del éxito en los servicios de banda ancha estará marcado por la inteligencia operativa, que mejora continuamente la experiencia del suscriptor a la vez que reduce los costes operativos. En lugar de alternar reactivamente entre paneles de control, los operadores ahora pueden aprovechar sus datos para obtener información útil y anticiparse a las necesidades futuras", afirmó Nimrod Ben-Natan, presidente y consejero delegado de Harmonic. "Nacida de la colaboración con los principales proveedores de servicios de banda ancha, cOS SensAI marca el comienzo de una nueva era de operaciones proactivas basadas en inteligencia, que proporciona a los operadores de cualquier tamaño la información que necesitan para operar de forma más eficiente, responder con mayor rapidez y ofrecer mejores experiencias al cliente"

cOS SensAI en el mundo real

Los principales operadores de banda ancha ya están experimentando el valor de SensAI en entornos reales.

"Correlacionar una información operativa suele implicar extraer datos de una docena de sistemas diferentes distribuidos por nuestra red, herramientas, aplicaciones y los dispositivos domésticos de los clientes, lo que puede ser un proceso tedioso y que consume mucho tiempo", afirmó Pragash Pillai, director de tecnología de Hotwire Communications. "Nos entusiasman los resultados que estamos viendo con SensAI de Harmonic. La plataforma inteligente procesa los datos y nos proporciona un razonamiento claro y rastreable detrás de cada diagnóstico. Esta transparencia ha sido fundamental para que nuestros equipos de NOC e ingeniería resuelvan los problemas con una rapidez asombrosa. Y lo mejor de todo es que podemos integrarnos con los sistemas existentes para ofrecer una visión integral".

"En GCI, conectamos comunidades en todo Alaska, prestando servicio en algunas de las zonas geográficas más remotas y de difícil acceso del país. Esto significa que cada visita de nuestros técnicos y cada hora dedicada a resolver un problema tiene un impacto duradero en nuestro negocio", afirmó Troy Goldie, director de tecnología de GCI. "SensAI está diseñado para guiar a los técnicos no solo hacia la ubicación del problema, sino también hacia la solución, lo que nos ayuda a reducir el tiempo de respuesta. Igualmente importante, esperamos que SensAI contribuya a disminuir el porcentaje de incidencias repetidas, lo que constituye una validación sistemática del buen funcionamiento de nuestra red. Al asociarnos con Harmonic, confiamos en que podremos operar con mayor eficiencia y ofrecer una experiencia diferenciada a nuestros clientes".

Cómo generar valor para los operadores de banda ancha

La firma de análisis Analysys Mason estima que el mercado total al que puede acceder SensAI es de aproximadamente 2.200 millones de dólares al año¹ en los mercados objetivo entre los proveedores de servicios de banda ancha de nivel 2 y más pequeños.

"Para aprovechar al máximo el potencial de la IA en la mejora de la fiabilidad de la red y la experiencia del usuario, los proveedores de banda ancha necesitan la plataforma fundamental adecuada", afirmó Joseph Attwood, analista sénior de Analysys Mason. "Como plataforma de inteligencia integrada, SensAI permite a los proveedores de banda ancha recopilar datos de diversas fuentes, sustituir herramientas fragmentadas y lograr la visibilidad integral necesaria para correlacionar las señales de datos de diferentes dispositivos y sistemas".

Inteligencia en el núcleo

SensAI se basa en un modelo en tiempo real, actualizado continuamente, del ecosistema operativo del proveedor de servicios, que incluye dispositivos de red y las relaciones entre sus sistemas. Este modelo se enriquece con una enorme cantidad de datos recopilados de miles de fuentes. SensAI correlaciona los datos y las señales entre los sistemas, explica el razonamiento detrás de cada diagnóstico y automatiza progresivamente los flujos de trabajo que los operadores repiten con mayor frecuencia.

Con SensAI, los proveedores de servicios de banda ancha pueden:

- Transformaroperaciones: Simplifique la clasificación de incidencias y elimine las brechas de habilidades para que los equipos dediquen menos tiempo a solucionar problemas urgentes y más tiempo a mejorar la red.

- Fidelizar a los suscriptores: Actúe en función de predicciones claras y explicables para mejorar la calidad de la experiencia, a menudo antes de que los suscriptores detecten un problema.

- Reducir los costes: Convierta la información por suscriptor en menos visitas técnicas y menos esfuerzo desperdiciado, generando ahorros tangibles.

Para obtener más información sobre SensAI, visite www.harmonicinc.com/cos-sensai. Harmonic presentará la innovadora plataforma de inteligencia artificial SensAI en Connected Britain, del 9 al 10 de septiembre, en el stand J25, y en SCTE TechExpo en Atlanta, del 29 de septiembre al 1 de octubre, en el stand A153.

Para obtener más información sobre Harmonic, visite www.harmonicinc.com.

1. Justin van der Lande and Joseph Attwood, Analysys Mason, "Applying proactive intelligence to fixed broadband access", www.analysysmason.com/research/content/perspectives/fixed-broadband-access-networks-intelligence .

Acerca de Harmonic

Harmonic (NASDAQ: HLIT), líder mundial en soluciones de banda ancha virtualizadas, está transformando la conectividad multigigabit. Su plataforma de banda ancha virtualizada cOS™, líder en el sector, su conjunto de soluciones para fibra y DOCSIS, y una creciente cartera de soluciones de inteligencia de red basadas en IA, permiten a los proveedores de servicios de banda ancha simplificar sus operaciones, ofrecer experiencias excepcionales a sus suscriptores y diversificar sus fuentes de ingresos. Con miles de servidores vCMTS y cientos de miles de RPD desplegados globalmente, Harmonic impulsa los servicios de banda ancha de próxima generación con una fiabilidad del 99,999 %. Con un enfoque centrado en el cliente y una larga trayectoria de innovación, Harmonic apoya a los proveedores de servicios de banda ancha en cada etapa de la evolución de su red. Para más información, visite www.harmonicinc.com.

Harmonic, el logotipo de Harmonic y otras marcas comerciales de Harmonic son propiedad de Harmonic Inc. o sus filiales. Todas las demás marcas comerciales mencionadas en este documento son propiedad de sus respectivos dueños.

Aviso legal sobre declaraciones prospectivas

Este comunicado de prensa contiene declaraciones prospectivas según lo dispuesto en la Sección 27A de la Ley de Valores de 1933 y la Sección 21E de la Ley del Mercado de Valores de 1934. Las declaraciones relativas al negocio de Harmonic y a las capacidades, ventajas, fiabilidad, eficiencia, aceptación en el mercado, crecimiento del mercado, especificaciones y beneficios previstos de los productos, servicios y tecnología de Harmonic son declaraciones prospectivas. Estas declaraciones se basan en nuestras expectativas y creencias actuales y están sujetas a riesgos e incertidumbres, incluidos los riesgos e incertidumbres descritos con mayor detalle en los documentos presentados por Harmonic ante la Comisión de Bolsa y Valores (SEC), incluido su Informe Anual en el Formulario 10-K para el año finalizado el 31 de diciembre de 2025, sus Informes Trimestrales en el Formulario 10-Q y sus Informes Actuales en el Formulario 8-K. Las declaraciones prospectivas de este comunicado de prensa se basan en la información disponible para Harmonic a la fecha del presente comunicado, y Harmonic declina cualquier obligación de actualizar dichas declaraciones.

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<p>La nueva plataforma de inteligencia de banda ancha independiente del proveedor reduce la complejidad operativa y mejora la calidad del servicio para los proveedores de servicios de banda ancha SAN JOSE, California, 8 de septiembre de 2026 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) presentó...</p>

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OffersTree Releases 2026 Vacant Land Due Diligence Guide for U.S. Buyers
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OffersTree releases a free 2026 vacant land due diligence guide to help U.S. buyers evaluate zoning, access, utilities, title, boundaries and other key property factors.

BEAR, Del., Sept. 7, 2026 /PRNewswire/ -- OffersTree, a minority women-owned real estate technology company and nationwide vacant land marketplace, today announced the release of its 2026 Vacant Land Due Diligence Guide, created specifically to help buyers research and evaluate vacant land before completing a purchase.

The guide focuses on six areas that can significantly affect a land purchase: legal access, zoning and permitted uses, utilities and infrastructure, title and property boundaries, environmental and physical conditions, and property taxes and ongoing ownership costs.

To learn more about the key due diligence steps involved in buying vacant land, buyers can read the OffersTree "Vacant Land Due Diligence Guide" and explore available land for sale across the United States.

Buying vacant land requires careful research because important property characteristics may not be immediately apparent from an online listing. A property may appear suitable based on its location, acreage, or asking price, while factors such as legal access, zoning restrictions, utility availability, easements, flood zones, property boundaries, and title issues can affect how the land can be used and what it may ultimately cost to own or develop.

"Buying vacant land is a significant decision, and buyers need to look beyond the listing price and acreage," said AnuSavi Tara, founder and CEO of OffersTree. "Our goal with this guide is to give buyers a practical starting point for identifying the questions they should ask and the property details they should investigate before moving forward."

What Does Vacant Land Due Diligence Include?

Due diligence is the process of researching and verifying important information about a property before completing a purchase. For vacant land, that process can involve several factors that may not be obvious from photographs, maps, or a property description.

The OffersTree guide organizes the process around six key areas.

- Legal access: Buyers should determine whether the property has legally established access and understand any recorded easements or rights-of-way. A visible road does not necessarily mean a property has a legally recognized right to use it.

- Zoning and permitted uses: Current zoning can determine whether land may be used for residential, agricultural, commercial, industrial, recreational, or other purposes. Buyers should also review setbacks, overlay zones, and applicable local restrictions.

- Utilities and infrastructure: Water, sewer, electricity, gas, and internet availability can vary significantly between properties. When utilities are not already available, buyers may need to investigate connection costs or alternatives such as wells, septic systems, or off-grid solutions.

- Property taxes and carrying costs: The purchase price is only one part of the cost of owning land. Buyers should also understand property taxes, special assessments, HOA fees where applicable, and other ongoing expenses associated with the property.

- Environmental and physical conditions: Flood zones, wetlands, slope, drainage, soil conditions, wildfire risk, and previous land uses can affect the suitability of a property for a buyer's intended purpose.

- Title, boundaries, and encumbrances: Buyers should review available title information and investigate recorded easements, liens, boundary questions, and other rights affecting the property. Depending on the circumstances, a professional title review or property survey may also be appropriate.

Why Due Diligence Matters Before Buying Land

For many buyers, the intended use of the property is a major part of the purchasing decision. Someone looking for a future homesite may have very different requirements from a commercial buyer, agricultural buyer, recreational buyer, or long-term investor.

Commercial and industrial buyers may need to evaluate zoning, infrastructure, transportation access, and permitted uses. Buyers interested in ranches, timberland, conservation property, off-grid living, or renewable energy projects may have additional considerations based on the property's location and intended use.

"Land is highly dependent on the details of the individual parcel," Tara said. "Two properties with similar acreage can have very different opportunities and limitations because of zoning, access, utilities, taxes, or other property characteristics. Buyers should evaluate the specific property and verify important information rather than relying only on an asking price or listing description."

Online Land Listings Are Only the Starting Point

Digital marketplaces have made it easier for buyers to discover land across different states and compare properties based on location, acreage, price, and available information. However, online listings should be viewed as the beginning of the research process rather than a replacement for property-level due diligence.

OffersTree provides a marketplace where buyers can discover and compare vacant land opportunities across the United States. Buyers can use available property information to identify properties that may fit their goals and then independently verify important details before purchasing.

This may include confirming zoning, legal and physical access, easements, utilities, taxes, property boundaries, environmental conditions, and other restrictions that could affect the property's intended use.

"Technology can make it easier for buyers to discover land and compare opportunities, but the research process does not end with finding a property online," Tara said. "We want buyers to have a clearer understanding of the questions they should ask and the information they should verify before making a purchase."

A More Informed Approach to Buying Vacant Land

As buyers increasingly use online marketplaces to discover land across the United States, having access to clear and practical information can make the initial research process more efficient.

The 2026 Vacant Land Due Diligence Guide is designed to help buyers organize that research and identify important areas that may require additional investigation before completing a purchase.

The guide is available as a free resource through the OffersTree website. Buyers can also browse available land listings and explore properties based on their individual needs, budget, location preferences, and intended use.

About OffersTree

OffersTree is a minority women-owned real estate company and nationwide vacant land marketplace connecting buyers with landowners and Realtors across the United States. As a technology-enabled marketplace, not a brokerage, OffersTree provides free listings, direct buyer negotiation, and coordinated closings through licensed third-party title and escrow partners. Headquartered in Bear, Delaware, OffersTree is a member of the New Castle Chamber of Commerce. Learn more at www.offerstree.com.

About the Founder

AnuSavi Tara is the founder and CEO of OffersTree and Green Tara Investments, a land-investing company founded in 2021 with over five years of land-investing experience. She is a member of the Realtors Land Institute (RLI) and holds a Bachelor's in Computer Engineering, a Graduate Certificate in Advanced Project Management from Stevens Institute of Technology, and Lean Six Sigma Green Belt certification from Rutgers Business School and Lockheed Martin. Connect with her on LinkedIn.

Media Contact

AnuSavi Tara

Founder and CEO, OffersTree

Phone: 352-763-3377 (352-7OFFERS)

Email: [email protected]

Website: https://www.offerstree.com

Facebook: https://www.facebook.com/offerstree

Instagram: https://www.instagram.com/offerstree_usa/

LinkedIn: https://www.linkedin.com/company/offerstree-com/

X (Twitter): https://x.com/offerstree_usa

YouTube: https://www.youtube.com/@OffersTree-us

SOURCE GT Xchange LLC dba Offerstree

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<p>OffersTree releases a free 2026 vacant land due diligence guide to help U.S. buyers evaluate zoning, access, utilities, title, boundaries and other key property factors. BEAR, Del., Sept. 7, 2026 /PRNewswire/ -- OffersTree, a minority women-owned real estate technology company and...</p>

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CRESUD S.A.C.I.F. y A. announces its results for the Fiscal Year 2026 ended June 30, 2026
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CRESUD S.A.C.I.F. y A. announces its results for the Fiscal Year 2026 ended June 30, 2026

BUENOS AIRES, Argentina, Sept. 8, 2026 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for FY 2026 ended June 30, 2026.

HIGHLIGHTS

- Net income for fiscal year 2026 amounted to ARS 372,280 million, compared to a gain of ARS 299,635 million in the previous fiscal year.

- Adjusted EBITDA from agribusiness segments reached ARS 17,812 million, while the Urban Properties and Investments segment (through IRSA) recorded ARS 291,055 million.

- The 2026 campaign was carried out with a larger planted area across the region, amid rising commodity prices and input costs and highly favorable weather conditions, except in certain production regions, mainly in Brazil. We planted 314,000 hectares, approximately 5% more than in the previous campaign, and achieved record grain production, exceeding one million tons.

- Argentina recorded excellent production results, with record wheat production and strong soybean and corn yields. BrasilAgro faced a more challenging campaign, particularly in sugarcane due to weather conditions, fires and operational issues, while other crops performed in line with expectations, although with tighter margins.

- Livestock activity reached record levels of cattle production, prices and margins, supported by continued production intensification through feedlots and investments in infrastructure.

- In agricultural real estate, during the fiscal year BrasilAgro agreed to sell a 921-hectare portion of the Morotí farm in Paraguay for USD 1.5 million, of which 372 hectares, representing approximately USD 0.6 million, were recognized as of fiscal year-end.

- On the financial front, during the fiscal year we issued approximately USD 256 million in notes, reducing the Company's average financing cost and extending maturity. In addition, the warrant program issued in 2021 was completed, and we distributed ARS 93,800 million in dividends, representing an approximate 8% dividend yield.

The Company's market capitalization as of June 30, 2026, was approximately USD 795.1 million. (70,930,830 ADS with a price per ADS of USD 11.21)

Cresud, leading Argentinean agricultural company with a growing presence in Latin American countries, cordially invites you to participate in its FY 2026 Results Conference Call on Tuesday, September 8, 2026, at 11:00 AM Eastern Time / 12:00 PM BA Time.

To access the Webinar:

https://us02web.zoom.us/webinar/register/WN_yxWCWXIHRvmgRkrIBzJLJw

Webinar ID: 810 2640 3132

Password: 256107

In addition, you can participate by dialing the following numbers:

Argentina: +54 115 983 6950, +54 341 512 2188, +54 343 414 5986, +54 112 040 0447

Israel: +972 3 978 6688, +972 2 376 4509, +972 2 376 4510

Brazil: +55 21 3958 7888, +55 11 4632 2236, +55 11 4632 2237, +55 11 4680 6788, +55 11 4700 9668

US: +1 719 359 4580, +1 929 205 6099, +1 253 205 0468, +1 253 215 8782, +1 301 715 8592

Chile: +56 41 256 0288, +56 22 573 9304, +56 22 573 9305, +56 23 210 9066, +56 232 938 848

UK: +44 330 088 5830, +44 131 460 1196, +44 203 481 5237, +44 203 481 5240, +44 208 080 6591

Investor Relations Department.

https://www.cresud.com.ar/home-inversores.php?lng=en

Cresud S.A.C.I.F. y A.

+5411 4323-7449

[email protected]

Follow us on X: @cresudir

SOURCE Cresud S.A.C.I.F. y A.

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<p>BUENOS AIRES, Argentina, Sept. 8, 2026 /PRNewswire/ -- Cresud S.A.C.I.F. y A. (NASDAQ: CRESY, BYMA: CRES), leading Argentine agricultural company, announces today its results for FY 2026 ended June 30, 2026. HIGHLIGHTS Net income for fiscal year 2026 amounted to ARS 372,280 million,...</p>

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CAE and WB Electronics advance Polish-Canadian collaboration in unmanned systems training and readiness
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CAE and WB Electronics advance Polish-Canadian collaboration in unmanned systems training and readiness

KIELCE, Poland, Sept. 8, 2026 /PRNewswire/ -- (NASDAQ: CAE) (TSX: CAE) – CAE and WB Electronics, a leading company in Poland's defence sector specializing in advanced technologies, today announced the signing of a Memorandum of Understanding (MoU) at MSPO 2026. The agreement marks an important step in strengthening defence cooperation between Canada and Poland while supporting the growing need for training and mission readiness in the unmanned and autonomous systems sector.

CAE and WB Electronics will explore joint opportunities to advance training and operational readiness solutions for unmanned and autonomous systems, combining CAE's global leadership in simulation, synthetic training environments, and mission rehearsal with WB Electronics' expertise in advanced unmanned platforms and mission systems. As militaries expand the use of these technologies in multi-domain operations, the collaboration aims to help defence forces train operators, build proficiency, enhance readiness, and maximize the operational effectiveness of these capabilities for customers in Canada, Poland, and allied nations.

"Autonomous and unmanned capabilities are becoming a defining element of modern defence forces," said Thibaut Trancart, Vice President and General Manager, CAE Defense & Security, EMEA. "As Canada and Poland deepen defence cooperation, there is a unique opportunity to combine leading technologies with advanced readiness and training capabilities. Together with WB Electronics, we will explore how to help defence forces maximize the operational impact of these systems, enhance mission readiness, and prepare for the future of military operations."

"This MoU with CAE allows us to explore how best to combine our respective strengths to create advanced training and mission readiness capabilities for current and future operators of unmanned systems," said Piotr Wojciechowski, President of WB Electronics, the lead company of WB GROUP. "Together, we see opportunities not only in our respective domestic markets but also internationally."

The agreement between CAE and WB Electronics reflects the strong and enduring relationship between Canada and Poland, as well as the growing opportunities for defence-industrial cooperation. Canada's increasing engagement with European defence industrial initiatives further reinforce the strategic importance of partnerships, helping to drive innovation, strengthen ties, and create future export opportunities.

About CAE

At CAE, we exist to make the world safer. We deliver cutting-edge training, simulation, and critical operations solutions to prepare aviation professionals and defence forces for the moments that matter. Every day, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defence and security personnel to perform at their best and when the stakes are the highest. Around the globe, we're everywhere customers need us to be with sites and training locations in over 40 countries. For nearly 80 years, CAE has been at the forefront of innovation, consistently seeking to set the standard by delivering excellence in high-fidelity flight simulators and training solutions, while embedding sustainability at the heart of everything we do. By harnessing technology and enhancing human performance, we strive to be the trusted partner in advancing safety and mission readiness - today and tomorrow.

Follow us on: LinkedIn | Facebook | Instagram | YouTube

CAE Contacts:

Media Relations:

Samantha Golinski, Senior Vice President, Communications

+1-438-805-5856, [email protected] 

Investor Relations: 

Andrew Arnovitz, Chief Strategy Officer

+1-514-734-5760, [email protected]

SOURCE CAE Inc.

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<p>KIELCE, Poland, Sept. 8, 2026 /PRNewswire/ -- (NASDAQ: CAE) (TSX: CAE) – CAE and WB Electronics, a leading company in Poland's defence sector specializing in advanced technologies, today announced the signing of a Memorandum of Understanding (MoU) at MSPO 2026. The agreement marks an...</p>

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Homewerks, an H.I.G. Capital Portfolio Company, Completes Acquisition of GTR Technologies
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MIAMI, Sept. 8, 2026 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that its portfolio company, Homewerks Worldwide ("Homewerks" or the "Company"), has completed the strategic acquisition of GTR Technologies ("GTR").

Headquartered in the Seattle metro area, GTR is a leading specialist provider of ventilation fans, technology switches, access panels, and related products to the home improvement sector. Over the past several years, GTR has achieved significant sales growth, expanding its presence with major U.S. home improvement retailers, and building a growing footprint in the wholesale and distribution channels.

Tony Branham, Founder of GTR, said: "GTR plays a critical role in supplying our customers with high-quality, durable home improvement products. We are exceptionally proud of our team's accomplishments and the reputation we have earned with our customers. Partnering with Homewerks allows us to continue expanding our product lineup in support of our customers while strengthening our position as the market's leading innovator."

Peter Berkman, President and CEO of Homewerks, added: "GTR is a market leader with a rich history of innovation coupled with deep customer relationships, and we believe its focused strategy and proven track record is well-positioned for continued growth as part of the Homewerks family. We look forward to working with Tony and the broader GTR team in this exciting new chapter for the organization."

Jon Fox, Managing Director at H.I.G., noted: "The highly strategic and complementary combination of GTR and Homewerks enhances the growth capabilities and customer value-add for the overall platform. This transaction marks the fourth add-on acquisition for Homewerks and is the continuation of our strategic growth plan of adding attractive, innovative product offerings that build on Homewerks' leading product lines, operations, and supply chain capabilities."

About GTR Technologies

GTR Technologies is a leading specialist designer and provider of ventilation fans, technology switches, access panels, and related products to the home improvement sector. Headquartered in Port Orchard, Washington, GTR goes to market under both private-label and branded product offerings, focused on easy-to-install technology designed for professionals. For more information, please visit gtr-inc.com.

About Homewerks

Based in Lake Bluff, Illinois, Homewerks develops, sources, and markets a variety of home improvement products under their own brand names as well as retailer private brands across the rough plumbing, fashion plumbing, HVAC, and bath accessory categories. The Company's reputation for continuous innovation, high-quality products and services, and its expansive product portfolio drive significant value for its customers. For more information, please visit homewerks.com.

About H.I.G. Capital

H.I.G. Capital is a leading global alternative investment firm with $75 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

- H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

- H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets.

- H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices.

- H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contacts:

Jon Fox

Managing Director

[email protected]

Stephen Deal

Principal

[email protected]

H.I.G. Capital

1450 Brickell Avenue

31st Floor

Miami, FL 33131

P: 305.379.2322

hig.com

SOURCE H.I.G. Capital

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Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
2ca69b4ccbcadd1cafc8f69d12b889dc
Press Eligible
Yes
Press Eligible Reason
Corporate acquisition involving home improvement product companies, private equity, and supply chain growth.
Source Name
Unknown Company
Original Summary

<p>MIAMI, Sept. 8, 2026 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that its portfolio company, Homewerks Worldwide ("Homewerks" or the "Company"), has completed the strategic...</p>

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