Duck Creek Launches Agentic FNOL to Transform Claims Intake with Intelligent, Real-Time Automation
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Duck Creek Launches Agentic FNOL to Transform Claims Intake with Intelligent, Real-Time Automation

New solution uses AI Agents orchestrated to capture, validate and route claims across channels, helping insurers improve first-contact data quality, accelerate claims handling, and enhance the policyholder experience

BOSTON, Sept. 28, 2026 /PRNewswire/ -- Duck Creek, the intelligent core of insurance, today announced Duck Creek Agentic First Notice of Loss (FNOL), an AI-powered solution that transforms claims intake into an intelligent, real-time experience, is now available for early access customers.

Built on the Duck Creek Agentic AI Platform, Agentic FNOL uses orchestrated and extensible AI agents to capture, validate, enrich, and route claims across digital, voice-to-text, and mobile channels. The solution helps insurers improve data quality at first contact, reduce claims cycle times, lower loss adjustment expense, and deliver a more responsive experience for policyholders at a critical moment.

"First notice of loss sets the trajectory for the entire claims experience," said Jose Lazares, Chief Product Officer at Duck Creek. "With Agentic FNOL, insurers can replace fragmented, manual intake processes with an intelligent experience that captures the right information, verifies coverage, identifies potential issues early, and moves each claim to the right next step. This gives claims teams greater capacity to focus on the decisions and customer interactions where their expertise has the greatest impact."

Celent's most recent annual survey on generative AI usage in insurance found that 22% of participating insurers plan to have an agentic AI solution in place by the end of 2026, and Celent expects claims and underwriting to be among the areas that lead adoption.

Through the digital customer experience, Agentic FNOL enables claimants to report a loss in their own words rather than navigate a rigid form. The solution listens to natural-language inputs, determines the right follow-up questions, and delivers a structured, enriched, adjuster-ready claim file in seconds.

From the first description of a loss, Agentic FNOL verifies coverage, assesses injury and legal severity, and identifies anomaly signals across claim characteristics without manual data entry. It cross-references reported circumstances, submitted images, policy data, and the broader claim record to surface inconsistencies that may warrant closer review. Each AI-driven determination is clearly logged, with exceptions flagged for human review, so adjusters can begin informed conversations with claimants and focus on support and resolution rather than administrative intake.

"For years, adjusters have begun work on claims that are incomplete, unverified, and missing critical context, creating manual follow-up that adds cost and delays a claimant's path to resolution," said Ella Jurotte, Senior Director, Product Management at Duck Creek. "With Agentic FNOL, enrichment begins the moment a loss is reported. By the time an adjuster opens the file, coverage has been verified, anomaly signals have been assessed, and the claim has been routed to the right next step. It gives adjusters more time to focus on informed decisions and meaningful claimant interactions, while delivering a faster, more consistent experience from the first notice of loss."

Agentic FNOL brings insurance-specific intelligence and governance directly into the claims intake process. By combining Duck Creek's core system data, insurance domain models, and AI orchestration, the solution enables agents to work within carrier-defined workflows, rules, and controls. Every AI-driven action is designed to be traceable, explainable, and auditable.

Developed in collaboration with Google Cloud and powered by Gemini models, Agentic FNOL supports critical intake capabilities, including:

- Policy and coverage verification to help ensure claims are accurately associated with the appropriate policy and coverage information

- Conversational claims intake across digital, voice-to-text, and mobile channels

- Data capture and validation that improves submission quality and completeness at first contact

- Intelligent triage and routing to direct claims efficiently based on carrier-defined workflows

- Early fraud and anomaly detection to help identify potential concerns during intake

- Real-time integration with claims data and workflows to support faster, more informed handling

Agentic FNOL is designed to seamlessly work with Duck Creek Claims and can support third-party core system environments, allowing insurers to introduce agentic capabilities while preserving their existing technology investments. The solution combines autonomous automation with human-in-the-loop controls, helping carriers scale claims operations without sacrificing oversight, compliance, or the human judgment required for complex claims.

Agentic FNOL is part of Duck Creek's growing portfolio of agentic applications, which also include Agentic Underwriting and Agentic Product Configurator. Together, these solutions extend intelligent, governed automation across the insurance lifecycle, helping carriers move beyond task-level AI to orchestrated end-to-end workflows.

About Duck Creek Technologies

Duck Creek is the intelligent core that leading insurers choose to build on. Purpose-built for property and casualty (P&C) and general insurance, Duck Creek unifies the full insurance lifecycle on a single platform with one data foundation. As an agentic platform, it connects intelligence across underwriting, policy, billing, claims, reinsurance, and payment workflows where decisions are made and compliance is non-negotiable. Duck Creek enables carriers to launch products faster, adapt quickly to change, and grow with precision and confidence. Solutions are available individually or as a full suite via Duck Creek OnDemand. Visit www.duckcreek.com and follow Duck Creek on LinkedIn and X.

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Tara Lefave Stred / Marianne Dempsey

[email protected] 

SOURCE Duck Creek

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<p>New solution uses AI Agents orchestrated to capture, validate and route claims across channels, helping insurers improve first-contact data quality, accelerate claims handling, and enhance the policyholder experience BOSTON, Sept. 28, 2026 /PRNewswire/ -- Duck Creek, the intelligent core...</p>

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Pranjal Gambhir Joins Lazard as Head of Medical Technology
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NEW YORK, Sept. 28, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) announced today that Pranjal Gambhir joined the firm as Head of Medical Technology, based in New York.

In this role, Pranjal will lead coverage of Medical Technology companies, advising clients on strategy and corporate development transactions across the sector.

"Pranjal has broad and deep experience across the Medical Technology sector, and his arrival deepens the coverage we can offer clients," said David Gluckman, Global Head of Healthcare at Lazard. "His background across multiple sub-sectors gives our Healthcare Group added strategic depth as we continue to grow our practice."

Pranjal joins Lazard from Citi, where he was most recently Managing Director covering Medical Technology companies across multiple sub-sectors. He spent 20 years at Citi across various roles in New York and New Delhi.

"The Medical Technology sector continues to evolve rapidly, creating both opportunity and complexity for clients," said Pranjal Gambhir. "Lazard's independent perspective and global platform are exactly what leadership teams, boards and investors need, and I look forward to helping them navigate what's ahead. "

Pranjal earned his MBA from the Indian School of Business and Bachelor of Commerce from Delhi University.

Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.

Media Relations         

Jessica Francisco

+1 212-632-6571

[email protected]

Shannon Houston

+1 212-632-6880                   

[email protected]

Investor Relations

William Murdock

+1 212-632-1564

[email protected] 

SOURCE Lazard

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<p>NEW YORK, Sept. 28, 2026 /PRNewswire/ -- Lazard, Inc. (NYSE: LAZ) announced today that Pranjal Gambhir joined the firm as Head of Medical Technology, based in New York. In this role, Pranjal will lead coverage of Medical Technology companies, advising clients on strategy and corporate...</p>

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Bybit and Franklin Templeton Form Strategic Collaboration to Expand Access to Tokenized Investing
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Bybit and Franklin Templeton Form Strategic Collaboration to Expand Access to Tokenized Investing

The wider collaboration launches with a new off-exchange collateral program that unlocks trading liquidity for institutional clients, alongside initiatives to bring tokenized wealth and yield-generation strategies to wallet-based investors

DUBAI, UAE, Sept. 28, 2026 /PRNewswire/ -- Bybit, the New Financial Platform trusted by more than 80 million users worldwide, today announced a strategic collaboration with Franklin Templeton, a global investment leader with $1.7 trillion in assets under management* and a pioneer in digital asset innovation.

The collaboration's first initiative allows eligible clients to use tokenized money market fund shares as off-exchange collateral when trading on Bybit. The shares are issued through the Benji Technology Platform, Franklin Templeton's proprietary blockchain-integrated recordkeeping and transfer agency infrastructure.

Eligible investors can now pledge Benji-issued fund shares through ByCustody, an institutional-grade custody platform, to access USDT or USDC trading credit lines on Bybit while the underlying tokenized assets remain held off-exchange in custody. The value is mirrored within Bybit's trading environment, allowing clients to continue earning yield on holdings while supporting their trading activity.

"As institutional adoption of digital assets accelerates, investors increasingly expect the same flexibility, capital efficiency, and risk management standards they are accustomed to in traditional markets," said Yoyee Wang, Global Head of RWA and TradFi at Bybit. "By expanding the range of high-quality collateral available through our off-exchange infrastructure, we are helping clients deploy capital more effectively while maintaining exposure to trusted, regulated investment products."

The program extends Bybit's growing suite of institutional infrastructure, giving eligible clients another way to access trading liquidity against regulated, yield-bearing collateral without moving those assets onto the exchange, reducing counterparty exposure and improving capital efficiency and treasury management.

The collaboration also extends to wallet-based investors, with a tokenized wealth product on the Bybit exchange and Mantle chain that provides access to Franklin Templeton investment strategies. Bybit and Mantle will share further details separately.

Franklin Templeton and Bybit will also release digital content programs and education initiatives designed to help wallet-based retail investors explore traditional investment strategies and better understand concepts like goals-based investing and diversification.

"Tokenization continues to reshape finance, and we're excited to partner with Bybit to increase access to actively managed retail investment solutions that meet the evolving needs of the wallet ecosystem," said Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton. "For institutions, extending connectivity of the Benji Technology Platform to Bybit offers a trusted venue to put regulated, yield-bearing assets to work in digital markets, and is a great example of how blockchain-integrated solutions can drive innovation and efficiency across markets."

These initiatives mark the beginning of a broader collaboration between Franklin Templeton and Bybit aimed at closing the distance between regulated investment management and on-chain markets. For institutions, that means the collateral, custody, and capital efficiency standards familiar from traditional finance, applied inside a digital asset trading environment. For wallet-based investors, it means access to professionally managed strategies, and the education to use them, in the venues where they hold their assets.

#Bybit / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That's why we're building the first intelligent platform that connects anyone, anywhere to the world's finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For updates, please follow: Bybit's Communities and Social Media

Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

SOURCE Bybit

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<p>The wider collaboration launches with a new off-exchange collateral program that unlocks trading liquidity for institutional clients, alongside initiatives to bring tokenized wealth and yield-generation strategies to wallet-based investors DUBAI, UAE, Sept. 28, 2026 /PRNewswire/ -- Bybit,...</p>

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Trading Technologies Elevates Maxime Jeanniard du Dot to Lead TT® Margin Business Line
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CHICAGO, Sept. 28, 2026 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology provider, today announced the promotion of Maxime Jeanniard du Dot to EVP, Margin Analytics. In that role, he leads the TT Margin business, created following TT's acquisition of OpenGamma in December.

Jeanniard du Dot served as Chief Operating Officer of OpenGamma for 10 years prior to the acquisition.

Alun Green, EVP, Managing Director, Futures and Options, said: "OpenGamma is the industry-leading solution for margin analytics, helping our clients save billions of dollars in capital every year. Maxime is the ideal choice to assume responsibility for TT Margin to continue OpenGamma's leading role in providing margin analytics services to the world's largest hedge funds, asset managers, commodity trading firms and banks. He understands the challenges our customers face along with the efficiencies and insights our products can provide across all asset classes and trade flows. He will be instrumental as we introduce cross-asset margin optimization to meet the growing demand for cross-asset trading from our clients."

Prior to OpenGamma, Jeanniard du Dot was Trading Platform Owner for HSBC's cleared over-the-counter (OTC) derivatives in London. He previously was a Market Specialist at Calypso Technology and served as an Analyst at Accenture in the greater Paris metropolitan region.

About Trading Technologies

Trading Technologies (www.tradingtechnologies.com), owned by Thoma Bravo and 7RIDGE, is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers "multi-X" solutions across asset classes, functions, workflows and geographies. The TT platform ecosystem features trade execution across futures, options, fixed income, foreign exchange (FX) and cryptocurrencies, augmented by solutions for data and margin analytics, trade surveillance, clearing and post-trade allocation.

SOURCE Trading Technologies

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<p>CHICAGO, Sept. 28, 2026 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology provider, today announced the promotion of Maxime Jeanniard du Dot to EVP, Margin Analytics. In that role, he leads the TT Margin business, created following TT's...</p>

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Universal Parking Announces Management of Bayshore Gardens in Tampa Bay
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Parking leader expands Florida presence with new self-park garage along the Bayshore corridor

TAMPA, Fla., Sept. 28, 2026 /PRNewswire/ -- Universal Parking, a leading innovator in the parking industry, today announces its latest parking management contract for Bayshore Gardens, one of South Tampa's most desirable office environments, located off Bayshore Boulevard.

Steps from Hillsborough Bay, Bayshore Gardens combines premier office space with walkability, waterfront proximity, and a variety of surrounding retail and dining options. The self-park garage, with an entrance on S. Ysabella Avenue between Barcelona Wine Bar and Altura Bayshore, offers covered parking, accessible parking spaces and touchless parking options designed to provide a convenient arrival and departure experience.

"We're excited to continue our partnership with Asana Partners to enhance the experience at Bayshore Gardens," said Justin Kinsey, CPP, Vice President of Operations – Central Florida at Universal Parking. "As South Tampa continues to grow, our goal is to deliver a seamless parking experience, making it easier for tenants and visitors to access the property and surrounding areas."

With the addition of Bayshore Gardens, Universal Parking continues to expand its footprint across high-profile mixed-use and hospitality destinations throughout the Southeast, remaining focused on delivering innovative parking solutions tailored to complex, high-traffic urban environments.

To learn more about Universal Parking and the projects it supports, visit universalparking.com

About Universal Parking

Universal Parking provides tailored parking management services on behalf of property owners and asset managers. With a leadership team boasting over 175 years of combined experience, Universal Parking specializes in operating complex and diverse parking facilities while leveraging technology and customer-focused strategies to enhance the parking experience.

Media Contact

Clare Meyers

[email protected]

On behalf of Universal Parking

SOURCE Universal Parking

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<p>Parking leader expands Florida presence with new self-park garage along the Bayshore corridor TAMPA, Fla., Sept. 28, 2026 /PRNewswire/ -- Universal Parking, a leading innovator in the parking industry, today announces its latest parking management contract for Bayshore Gardens, one of...</p>

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SJE® Acquires Wilson Controls, Expanding New England Automation Capabilities
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SJE strengthens engineered control solutions for water and wastewater markets

DETROIT LAKES, Minn., Sept. 28, 2026 /PRNewswire/ -- SJE, Inc., the global industry leader in control systems, today announced the acquisition of Wilson Controls, LLC, a provider of automation and control solutions for water, wastewater, and environmental applications. The acquisition expands SJE's PLC and SCADA systems integration, instrumentation, and UL-listed control panel capabilities while strengthening the company's presence across New England.

Located in Lee, New Hampshire, Wilson Controls was founded in 2012. The company engineers, programs, integrates, and supports PLC and SCADA systems, instrumentation, and control panels. Its UL 508A and UL 698A panel capabilities serve municipal and industrial customers throughout New England and beyond.

"Wilson Controls is a strong strategic fit for SJE," said Bjorn Haldorsen, CEO of SJE. "Their engineering expertise, regional customer relationships, and complete automation solutions complement our Engineered Control Solutions business. Together, we can offer customers broader capabilities backed by responsive service."

"Wilson Controls has always focused on understanding each customer's process and delivering a reliable system that meets the project's requirements," said Scott E. Drapeau, P.E., owner of Wilson Controls. "Joining SJE gives our team additional resources while preserving the technical focus and customer commitment that define our work."

"Wilson Controls adds experienced automation professionals and an important New England presence," said Andy Wilson, President of SJE's Engineered Control Solutions Division. "Their strengths in PLC and SCADA integration, instrumentation, and UL-listed panel fabrication align closely with our work for water, wastewater, and industrial customers."

"SJE remains focused on delivering reliable control and automation solutions for critical infrastructure," said Haldorsen. "Wilson Controls helps us support more customers from engineering and panel fabrication through programming, startup, training, and long-term service."

About SJE Inc.

SJE® was founded in 1975. Over 50 years later, SJE has evolved into a global industry leader in control systems, operating throughout the United States and Canada, as well as in international markets. SJE, a privately held company, is comprised of over thirteen well-respected brands known for their innovation and quality. SJE has locations throughout the United States, Mexico, and Asia. SJE offers a wide variety of control products for residential, commercial, municipal, water, wastewater, and industrial markets, representing the most reliable integration of engineering and manufacturing capabilities in the industry. To learn more, visit www.sjeinc.com.

About Wilson Controls

Located in Lee, New Hampshire, Wilson Controls, LLC provides automation and control solutions for water, wastewater, environmental, and industrial applications. Founded in 2012, Wilson Controls has extensive experience in PLC and SCADA programming and integration, instrumentation, control and monitoring systems, UL 508A and UL 698A control panel manufacturing, engineering, testing, maintenance, startup, training, and operations documentation. Wilson Controls serves customers throughout New England and supports select projects beyond the region. To learn more, visit www.wilson-controls.com.

SOURCE SJE Inc

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<p>SJE strengthens engineered control solutions for water and wastewater markets DETROIT LAKES, Minn., Sept. 28, 2026 /PRNewswire/ -- SJE, Inc., the global industry leader in control systems, today announced the acquisition of Wilson Controls, LLC, a provider of automation and control...</p>

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Stark Power Secures $85 Million Credit Facility from Bank Hapoalim to Fund U.S. Power Acquisitions
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Stark Power Secures $85 Million Credit Facility from Bank Hapoalim to Fund U.S. Power Acquisitions

The facility supports the acquisition of operating utility-scale power assets and the initial construction of projects ahead of financial close

TEL AVIV, Israel, Sept. 28, 2026 /PRNewswire/ -- Stark Power Ltd. (TASE: STRK), a developer and acquirer of utility-scale power plants and powered land infrastructure in the United States, today announced it has signed an $85 million financing agreement with Bank Hapoalim, one of Israel's largest banks.

Proceeds will be used to acquire operating utility-scale power assets in the U.S. and to fund the acquisition and construction of projects ahead of financial close.

The financing significantly enhances Stark's financial capacity, allowing Stark to pursue opportunities across the investment lifecycle, from late-stage development projects through operating assets, and to act expeditiously on ongoing transactions while preserving capacity for additional ones.

"This facility provides us with the financial flexibility to execute on our current pipeline and it positions us for what comes next," said Michael Avidan, Chief Executive Officer of Stark Power. "We see a strong set of opportunities in operating assets and late-stage projects in the U.S. With Bank Hapoalim's support, we can move faster and with greater certainty when the right opportunities emerge."

"Stark Power's team has a proven track record, and this transaction marks a step change for the company in the U.S. market," said Shmulik Arbel, Deputy CEO of Bank Hapoalim and Head of the Corporate Banking Division. "We are actively financing power projects in the U.S. and Europe and are committed to backing Israeli companies as they scale internationally."

About Stark Power

Stark Power Ltd. (TASE: STRK) is a power plant and powered land infrastructure development company focused on the U.S. market. Founded by former senior executives of Enlight Renewable Energy and Nofar Energy, the Company pursues large-scale opportunities at the intersection of power generation and digital infrastructure, leveraging deep experience in power development, capital markets, and project execution.

SOURCE Stark Power Ltd.

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<p>The facility supports the acquisition of operating utility-scale power assets and the initial construction of projects ahead of financial close TEL AVIV, Israel, Sept. 28, 2026 /PRNewswire/ -- Stark Power Ltd. (TASE: STRK), a developer and acquirer of utility-scale power plants and...</p>

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TOYO Co., Ltd. Provides Second Half 2026 Business Outlook
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TOYO Co., Ltd. Provides Second Half 2026 Business Outlook

TOKYO, Sept. 28, 2026 /PRNewswire/ -- TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF) ("TOYO" or the "Company"), a solar manufacturing company, today provided its business outlook for the second half of 2026.

The Company continues to operate in a dynamic U.S. trade and regulatory environment, including the pending U.S. Customs and Border Protection ("CBP") examination of shipments of solar cells, countervailing duty ("CVD") investigation activity, and the status of the Trump Administration's action under Section 232 of the Trade Expansion Act of 1962 addressing imports of polysilicon and downstream solar products, including provisions intended to encourage domestic manufacturing investment (the "Section 232 program"). As a result, TOYO believes there is meaningful uncertainty regarding its specific financial results for the second half of 2026, and the Company is not providing quarterly guidance or specific guidance on revenue, net income or other financial measures or metrics at this time.

Notwithstanding this uncertainty, TOYO is confident that it will achieve positive EBITDA for the second half of 2026. The Company will provide further updates to the market as greater visibility emerges on these policy and regulatory matters.

"In the second half of 2026, we remain in a relatively dynamic policy environment, and that creates meaningful uncertainty around our specific results," said Takahiko Onozuka, Chairman and Chief Executive Officer of TOYO. "That said, we are confident in positive EBITDA for the second half of the year. As we gain greater visibility on these policy matters, we will provide further updates to the market."

About TOYO Co., Ltd.

TOYO is a solar manufacturing company that is committed to becoming a vertically integrated solar manufacturer in the global market, integrating the upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells and modules at a competitive scale and cost.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the Company's expectations for positive EBITDA in the second half of 2026 and the timing of future updates to its outlook. These forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks include, but are not limited to, the outcome and timing of the CBP examination, the CVD investigation activity, and the Section 232 program, changes in market conditions, regulatory requirements, the availability and price of the Company's shares, macroeconomic conditions, and other factors described in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's most recent Annual Report on Form 20-F. TOYO assumes no obligation to update any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.

Contact Information

For TOYO Co., Ltd.

[email protected] 

Crocker Coulson

Email: [email protected]

Tel: (646) 652-7185

SOURCE TOYO Co., Ltd

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<p>TOKYO, Sept. 28, 2026 /PRNewswire/ -- TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF) ("TOYO" or the "Company"), a solar manufacturing company, today provided its business outlook for the second half of 2026. The Company continues to operate in a dynamic U.S. trade and regulatory environment,...</p>

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Star Catcher Prepares Orbital Power Beaming Demonstration For Launch
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'Protostar' Power Node Prototype Ready to Launch at Vandenberg Space Force Base

JACKSONVILLE, Fla., Sept. 28, 2026 /PRNewswire/ -- Star Catcher Industries, Inc. ("Star Catcher"), the pioneering energy company building the first power grid in space, has its prototype power node, Protostar, prepared for launch at Vandenberg Space Force Base. Launching aboard SpaceX's Transporter-18 mission scheduled for October 2026, the Protostar mission aims to conduct a landmark power beaming demonstration between two untethered spacecraft, a feat that has never been achieved. This mission is a key milestone in actualizing the orbital energy infrastructure that will power the next era of space operations and exploration.

Since the company's founding in 2024, Star Catcher has successfully demonstrated its power beaming technology terrestrially, including setting a world record for optical power beaming at NASA's Kennedy Space Center. In late 2025, the company also completed Sextant Alpha, an on-orbit demonstration mission of their proprietary spacecraft acquisition and tracking software. Star Catcher leveraged the data from these demonstrations to build and ship Protostar on an accelerated timeline.

"It takes an extraordinary engineering team to build, validate, and ship a space-qualified orbital power beaming spacecraft within two years of inception," says Michael Snyder, co-founder and CTO of Star Catcher. "This mission will yield critical operational data in real-world orbital conditions that will directly support the build out of our commercial power grid in space."

Protostar is the first end-to-end prototype of the company's core technology stack on orbit: energy harvesting, satellite acquisition and tracking, and energy transmission. Following launch and commissioning, Protostar will deploy and track a CubeSat, to which it will beam measurable power to off-the-shelf solar panels, validating commercial power beaming operations.

Upon completion, this will be the world's first optical power beamed between two free-flying spacecraft — a technological advancement that will enable on-demand wireless power transmission and act as the foundation of Star Catcher's orbital power grid.

"Every major application driving the space economy — from real-time national security intelligence to AI-powered orbital computing and Earth observation — is limited by power," said Andrew Rush, co-founder and CEO of Star Catcher. "We are closer to activating an orbital power grid than most can imagine; flying this prototype in only two years is meaningful evidence of the capability of our team and what's to come."

Star Catcher has publicly announced ten major commercial Power Purchase Agreements (PPAs) with leading space companies such as Starcloud, Loft Orbital, Astro Digital, and Aethero. These agreements, along with over 40 Letters of Intent (LOIs), a $60M Strategic Funding Increase (STRATFI) Award from the United States Space Force, and $88M in venture capital, have enabled Star Catcher's rapid technology advancement. The company has already begun development on its follow-on satellite to beam operational levels of orbital power, is actively recruiting to more than double its team size, and is building out a new 100,000 square foot headquarters in Jacksonville, FL.

For more information, please visit www.star-catcher.com

For press inquiries, please contact Daniel Sherman at [email protected]

About Star Catcher

Star Catcher is an energy company building a power grid in space, providing the infrastructure to enable the next generation of spacecraft and advanced missions. Star Catcher removes power as a limiting factor for spacecraft, allowing continuous mission execution, increased operational endurance, and the ability to support higher power payloads without redesigning existing platforms. Founded in 2024 by Andrew Rush and Michael Snyder (Made In Space, Redwire), alongside Bryan Lyandvert (T-Bird Capital, Amazon), the company has raised $88M to date from B Capital, Shield Capital, Cerberus Ventures, Initialized Capital, among others. Based in Jacksonville, FL, the company currently holds the world record for optical power beaming.

SOURCE Star Catcher Industries, Inc.

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<p>'Protostar' Power Node Prototype Ready to Launch at Vandenberg Space Force Base JACKSONVILLE, Fla., Sept. 28, 2026 /PRNewswire/ -- Star Catcher Industries, Inc. ("Star Catcher"), the pioneering energy company building the first power grid in space, has its prototype power node, Protostar,...</p>

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Sampled Awarded Five-Year, $27.1 Million VA Contract to Support Genomics Research for the Million Veteran Program
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PISCATAWAY, N.J., Sept. 28, 2026 /PRNewswire/ -- Sampled, an integrated analytical laboratory and biorepository service provider, has been awarded a five-year contract valued at up to $27.1 million from the Department of Veterans Affairs (VA) to provide genomics analyses for the Million Veteran Program (MVP).

Veterans are at greater risk than the general population for developing a range of health conditions, including post-traumatic stress disorder (PTSD), cardiovascular disease, and certain types of cancer. The MVP is focused on understanding how molecular factors, lifestyle, and service-related experiences contribute to these risks, generating insights into long-term health and disease patterns that benefit both veterans and the broader population. Published findings from the program have improved understanding of factors contributing to conditions such as PTSD, artery disease, suicide risk, stroke, and substance use. Since its launch in 2011, the program has surpassed one million enrolled veterans, making it one of the world's largest research programs of its kind.

Building on years of work supporting the MVP, Sampled has provided array genotyping, long-read whole genome sequencing, DNA methylation analysis, and proteomics assays for the program. Equipped with multiple PacBio Revio long-read sequencing systems, Sampled is uniquely positioned to deliver robust and high-throughput long-read sequencing workflows and is among the largest users of the Revio platform in the US. The renewed VA contract to support the MVP highlights Sampled's ability to provide reliable, high-quality support for high-stakes longitudinal studies. It also reflects Sampled's experience managing and analyzing valuable biospecimens generously donated by program participants.

In addition to advanced analytical tools such as the PacBio Revio, Sampled provides integrated CAP-accredited biobanking services, CLIA-licensed laboratory operations, and scalable automated processing for diverse sample types. Together, these capabilities enable end-to-end support for large-scale longitudinal research programs and clinical trial support.

"We are honored to continue supporting the Million Veteran Program and its mission to advance our understanding of veteran health," said John DelliSanti, Chief Executive Officer at Sampled. "The renewed trust placed in Sampled by the Department of Veterans Affairs reflects the quality, reliability, and scale of our genomics capabilities, and underscores our commitment to advancing large-scale longitudinal research that generates meaningful insights into human health and disease."

About Sampled

Sampled is an integrated laboratory and biorepository service provider delivering solutions for collecting, analyzing, and storing biological samples. Founded in 1999 as RUCDR at Rutgers University, Sampled provides state-of-the-art biobanking, multiomics, cell services, and custom clinical kitting solutions. Sampled's CAP-accredited and CLIA-licensed operations support high-quality sample storage, management, and analysis, empowering life science organizations to speed time to reliable data, enable new discoveries, and advance human health.  

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Caroline Mitchell, PhD

Marketing Director

[email protected]

SOURCE Sampled

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<p>PISCATAWAY, N.J., Sept. 28, 2026 /PRNewswire/ -- Sampled, an integrated analytical laboratory and biorepository service provider, has been awarded a five-year contract valued at up to $27.1 million from the Department of Veterans Affairs (VA) to provide genomics analyses for the Million...</p>

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