By Editor , 5 October 2026
Navy Awards Ursa Major $137M for Air, Naval Missile Rocket Motors

Berthoud, Colo. – October 05, 2026 -- The U.S. Navy has awarded Ursa Major two contracts totaling $137 million to develop and qualify tactical solid rocket motors for the Compact Air-to-Air Missile (CAAM) and Naval Modular Missile (NMM) programs. The awards, funded through the Office of the Under Secretary of War, break down to $91 million for the CAAM motor and $46 million for the NMM Quad-Pack Medium-Range motor.

By Editor , 5 October 2026
Pro Shop Closes $24M Series B Led by Arthur Blank's AMBSE

Ponte Vedra Beach, Fla. – October 05, 2026 -- Pro Shop, the golf media and commerce platform, has closed a $24 million Series B financing round led by Arthur M. Blank Sports and Entertainment (AMBSE), bringing new investors Causeway Media Partners and Ares Sports, Media and Entertainment funds into the cap table.

By Editor , 5 October 2026
Rich Products Commits $2M to Buffalo Education Nonprofits

Buffalo, N.Y. – October 05, 2026 -- Rich Family Foundation, the philanthropic arm of Rich Products, has committed more than $2 million to three Western New York education nonprofits, marking the company's largest education-focused funding commitment to date.

By Editor , 5 October 2026
CREFC Sentiment Index Plunges 17.5% to Three-Year Low on Rate Fears

New York – October 05, 2026 -- The CRE Finance Council's Board of Governors Sentiment Index dropped 17.5% to 83.3 in the third quarter of 2026, down from 101.0 in the prior quarter and its lowest reading since the third quarter of 2023 (82.7), as commercial real estate finance executives confront a 10-year Treasury yield stuck near 5%.

By Editor , 5 October 2026
Datasea Narrows Net Loss 57%, Turns Cash Flow Positive in FY2026

Beijing – October 05, 2026 -- Datasea Intelligent Technology Ltd. (Nasdaq: DTSS) narrowed its net loss by 57.0% to approximately $2.19 million in fiscal year 2026, as operating cash flow turned positive at approximately $1.98 million, the company reported for the year ended June 30, 2026.

By Editor , 5 October 2026
GAC Exports 197,701 Vehicles in Nine Months, Up 138.9%

Guangzhou, China – October 05, 2026 -- GAC Group exported 197,701 own-brand vehicles between January and September 2026, up 138.9% year-on-year and equal to 156.7% of the company's full-year 2025 export total. September exports alone reached 25,693 units, up 160.9% year-on-year, marking the ninth consecutive month in which GAC's overseas shipments more than doubled. The automaker is now tracking toward an annual export target of 300,000 units.

By Editor , 5 October 2026
Mnzil, TDG, Capital Partners Launch SAR 1bn Saudi Housing Fund

Riyadh – October 05, 2026 -- Mnzil, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built workforce housing across Saudi Arabia, targeting up to 50,000 worker beds.