Wednesday, May 27, 2026

OpenRouter Raises $113 Million CapitalG-led Series B as Weekly Volume Explodes to 25T Tokens

 NVentures, ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures join CapitalG, a16z, Menlo Ventures, and others in backing the high-growth AI infrastructure startup


(BUSINESS WIRE)--OpenRouter, the AI model exchange, today announced a $113 million Series B led by Alphabet’s independent growth fund, CapitalG, with participation from investors including NVentures (NVIDIA’s venture capital arm), ServiceNow Ventures, MongoDB Ventures, Snowflake Ventures, Databricks Ventures, alongside existing investors including Andreessen Horowitz and Menlo Ventures.


OpenRouter’s volume has surged to 25 trillion tokens per week (100 trillion tokens per month), representing a 5X increase from the 5 trillion tokens processed per week just six months ago. The explosion in token demand illustrates how quickly enterprises are deploying agents and scaling AI across multiple models and providers. OpenRouter’s infrastructure manages and optimizes inference and provides access to 400+ models across leading AI providers, including Anthropic, Google, OpenAI, xAI, and DeepSeek, among others. The platform is used by over 8 million global users, including AI-native startups and large enterprises, and its rankings and usage data have become a widely referenced signal of real-world model adoption, performance, and pricing dynamics.


The company will use the new capital to expand its routing, governance, and optimization capabilities as enterprises increasingly deploy AI into production. A 2026 Deloitte study found that 67% of enterprises are already consuming over one billion tokens per month. OpenRouter is seeing a shift toward multi-model strategies, where companies route across models and providers to optimize for cost, latency, and capability, creating operational complexity that requires centralized control.


"Running inference at scale is fundamentally a multi-model problem. The era of picking a single model is over," said Alex Atallah, CEO and co-founder of OpenRouter. "Success now depends on continuously routing across a changing market. Because OpenRouter sits in the flow of production traffic, we can optimize every request for cost, performance, and reliability in real time."


“Every platform shift creates infrastructure gaps: from Cloudflare with the internet and Stripe with digital payments, to Databricks with data and AI. These infrastructure gaps create opportunities for generational businesses to solve real customer needs. OpenRouter is solving the infrastructure gap for inference in the AI era,” said Mo Jomaa, partner at CapitalG.


“As companies shift toward a multi-model paradigm, OpenRouter enables them to seamlessly leverage the right model for every task,” added Jane Alexander, partner at CapitalG. “OpenRouter is uniquely positioned to become the data clearinghouse and unified intelligence layer for AI models.”


As AI usage has exploded worldwide, OpenRouter’s public rankings and usage data have become a widely referenced source of real-world insight into model adoption, performance, and pricing, used by investors, researchers, and media organizations to understand how the AI market is evolving.


About OpenRouter


OpenRouter is the AI model exchange, enabling developers and enterprises to access, route, and optimize across hundreds of AI models through a single API. Founded in 2023, the company sits between agents, applications, and the model ecosystem, standardizing access to leading providers through one unified interface. Organizations can enforce controls like per-request data handling policies, team-level access and routing permissions, spend visibility, and audit-friendly usage reporting. Intelligent routing improves cost and performance while automated failover increases reliability, and multi-provider interoperability reduces lock-in and vendor risk.


Learn more at https://openrouter.ai


About CapitalG


CapitalG, Alphabet's independent growth fund, invests in generational technology companies transforming the world’s largest markets. CapitalG partners with growth stage companies in their transition from startup to scale up through hands-on assistance and connections to advisors at Google, Alphabet and beyond. CapitalG’s portfolio companies include Baseten, Clay, CrowdStrike, Databricks, Duolingo, LangChain, Lovable, OpenRouter, Stripe, and Whatnot, among others. Learn more at https://capitalg.com.


 


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Contacts

 

Media Contact

Melissa Sobel, melissasobel@capitalg.com


 

Quectel Expands EMEA Reach With Future Electronics Distribution Agreement

 

(BUSINESS WIRE)--Quectel Wireless Solutions, a global end-to-end IoT solutions provider, today announced an expanded distribution partnership with Future Electronics to bring its full portfolio of products and services to customers across the EMEA region.

Under this agreement, Future Electronics will bring Quectel’s full IoT portfolio to customers across Europe, the Middle East and Africa, with a strong focus on its non-cellular solutions, including antennas, GNSS, Wi-Fi, Bluetooth and smart modules.

This collaboration marks a significant step in strengthening Quectel’s presence in EMEA, leveraging Future Electronics’ strong regional infrastructure, technical expertise, and established customer relationships to accelerate growth and innovation.

“Future Electronics’ extensive footprint and demand creation capabilities make them an ideal partner for expanding our reach across EMEA,” said Natasha Barrios, Senior Vice President, EMEA, Quectel Wireless Solutions. “By working together, we can ensure faster adoption of our full global end-to-end IoT portfolio across diverse industries.”

With the complete Quectel portfolio now available through Future Electronics, customers in a wide range of sectors including industrial, smart homes and cities, and healthcare can leverage a full end-to-end IoT ecosystem. From modules, antennas and GNSS solutions to design-in support, certification, and a wide range of value-added services, the offering is designed to accelerate development and shorten time to market.

“Future Electronics continues to invest in strategic partnerships that add real value across the electronics supply chain,” said Matthew Rotholz, Corporate Vice President at Future Electronics. “Our engagement with Quectel in EMEA, complemented by core semiconductor suppliers, enables us to support customers with technical expertise and resilient supply.”

The expanded partnership is effective immediately, with Quectel products and services now available through Future Electronics’ EMEA distribution network and digital platforms.


About Quectel

Quectel’s passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global end-to-end IoT solutions provider backed by outstanding support and services.

With a worldwide team of over 5,800 professionals, we lead the way in delivering end-to-end IoT solutions, spanning cellular, GNSS, satellite, Wi-Fi and Bluetooth modules, high-performance antennas, value-added services and full turnkey offerings including ODM services and system integration.

With regional offices and support across the globe, our international leadership is devoted to advancing IoT and helping build a smarter world.


For more information, please visit: www.quectel.com or LinkedIn


About Future Electronics:

Future Electronics is a global leader in the electronic components industry. The company’s award‑winning customer service, comprehensive global supply chain programs, and industry‑leading engineering design expertise make it a strategic partner of choice for customers worldwide.

A WT Microelectronics company, Future Electronics is headquartered in Montreal, Canada, and operates in 44 countries and 159 offices. Its global footprint enables exceptional service and efficient, end‑to‑end supply chain solutions. The company is fully integrated and supported by a single IT infrastructure that provides real‑time inventory visibility and seamless global operations, sales, and marketing capabilities.


For more information, visit www.FutureElectronics.com.



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Contacts

Media contact: media@quectel.com

Royal London Asset Management Expands Relationship with SS&C to Service New Australian Funds

WINDSOR, Conn. - Wednesday, 27. May 2026


(BUSINESS WIRE)--SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Royal London Asset Management, a leading U.K. fund management company, has extended its relationship with SS&C. SS&C Global Investor & Distribution Solutions will provide fund administration and unit registry services for its new range of Australian active funds, including:


Royal London Global Equity Diversified Fund

Royal London Global Equity Enhanced Fund

Royal London Global Equity Select Fund

Royal London Short Duration Global High Yield Bond Fund

RLAM is part of Royal London, the U.K.’s largest mutual life, pensions and investment company. SS&C services approximately £72bn in assets under management across its U.K. fund range.


Equity Trustees will serve as the Responsible Entity for RLAM’s new funds, which have launched with around AUD $1 billion in AUM. The unit trusts are structured as feeder funds, providing investors with indirect exposure to RLAM’s range of Dublin-domiciled Undertakings for Collective Investment in Transferable Securities (UCITS) funds.


SS&C will provide its full suite of fund administration services to the funds, including fund accounting, unit pricing, transfer agency, valuation and tax/financial reporting.


“We are thrilled to extend our partnership with SS&C to encompass our new range of Australian funds,” said Ed Venner, Chief Client Officer at Royal London Asset Management. “We’ve been partnering with SS&C for the last three years in the U.K. with positive results. The firm’s global scale and their growing presence in the Australian market made SS&C a natural choice to service our new Australian funds. SS&C’s expertise has streamlined the unit trust launch process for our team, allowing us to focus on building direct relationships with Australian investors and advisers.”


“We are pleased to further our long-term relationship with Royal London Asset Management as they continue developing their distribution model in the growing Australian market,” said Nick Wright, Global Head of SS&C Global Investor & Distribution Solutions. “SS&C has invested significant time and resources in expanding our local team and offerings to best serve fund managers in the region. We are honored RLAM has entrusted us with supporting their new range of Australian funds and look forward to continuing to work with their team.”


The announcement follows a wave of recent Australian growth for SS&C, including a number of client wins and renewals across superannuation and wealth. To support growth in the APAC business, the firm recently hired Chrys Wickremeratne to serve as Regional Head of Fund Accounting. Wickremeratne brings 25 years of experience across Australian financial services, and most recently served as Head of Fund Services for Australia and New Zealand at HSBC.


About Royal London Asset Management


Royal London Asset Management is an integral part of customer-owned mutual, Royal London, and free from short-term shareholder demands.


Managing £199 billion* on behalf of a broad range of clients, Royal London Asset Management is committed to active investment excellence and responsible investing. It works in close partnership with clients to deliver a spectrum of investment solutions to help investors navigate complex market conditions and achieve their financial goals.


*As at 31 December 2025


About SS&C Technologies


SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 23,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.


SOURCE: SS&C


Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.


Follow SS&C on X, LinkedIn and Facebook.


 


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Contacts

Brian Schell | Chief Financial Officer, SS&C Technologies

Tel: +1-816-642-0915 | E-mail: InvestorRelations@sscinc.com


Justine Stone | Investor Relations, SS&C Technologies

Tel: +1-212-367-4705 | E-mail: InvestorRelations@sscinc.com


Media Contacts

Breanna Taylor

Prosek Partners

Email: pro-SSC@prosek.com

NIQ Launches Survey Groups to Connect Consumer Sentiment with Real Purchase Behavior


 CHICAGO - 

New integrated capability connects consumer sentiment with real-world purchase data, enabling more confident, action‑driven decisions


(BUSINESS WIRE)--NIQ (NYSE: NIQ), a global leader in consumer intelligence, today announced the launch of Survey Groups in NIQ Discover, a new capability that enables brands and retailers to understand not just what is changing in the market, but why.


Available immediately within NIQ Discover, Survey Groups build on NIQ Panel Surveys by linking attitudinal insights to real-world purchase behavior from NIQ’s consumer panels—helping clients uncover the motivations behind performance shifts, identify opportunity gaps, and act with greater confidence in an increasingly complex consumer landscape.


What’s New: Survey Groups in Discover


Survey Groups make NIQ Panel Survey insights easier to access, analyze, and activate within existing workflows. By grouping survey responses with purchase behavior, clients can:


Analyze key consumer segments with greater precision

Understand the drivers behind brand and category performance

Identify barriers to purchase and causes of brand or category lapsing

Surface emerging growth opportunities rooted in real behavior

Create self-serve analyses directly within Discover

Why It Matters: Moving Beyond Claimed Behavior


As consumer decision‑making becomes more fragmented and unpredictable, traditional surveys often based solely on claimed behavior can fall short of explaining real‑world outcomes. Survey Groups address this gap by tying what consumers say directly to what they do. This integration allows businesses to move beyond surface‑level insights and gain a deeper, more reliable understanding of motivations, helping teams prioritize actions that inform growth strategies.


“NIQ has delivered Panel Survey capabilities for many years, helping clients understand the motivations behind consumer behavior through verified purchase data,” said Troy Treangen, Chief Product Officer at NIQ. “What’s new with Survey Groups is that these insights are now integrated directly into Discover, making them easier to access, analyze, and activate within existing workflows. By bringing survey insights and consumer behavior together in one platform, clients can move faster from insight to action with a more connected view of performance.”


How It Works: Sentiment Meets Verified Purchase Data


Survey Groups are powered by NIQ Panel Surveys, which are directly connected to NIQ’s robust consumer panels in the FMCG industry. This linkage provides a more representative view of consumer behavior, grounding insights in transactional purchase data rather than intention alone.


Within NIQ Discover, the same surveyable population can be analyzed while maintaining consistent sample coverage as Survey Groups are activated for deeper analysis. Teams can independently create and analyze Survey Groups at the question-and answer-level, enabling self-serve segmentation across markets. By bringing these insights into Discover, NIQ enables faster analysis, easier collaboration, and more confident decision‑making across teams.


What’s Next: Continued Investment in Panel Surveys


Survey Groups represent the first step in a broader roadmap for NIQ Panel Surveys. NIQ will continue to invest in making these insights more accessible, actionable, and deeply integrated within Discover, with additional enhancements planned throughout 2026 and beyond.


These advancements support NIQ’s broader strategy to unify measurement, panel, and survey insights within a single platform enabling faster, clearer, and more confident decision‑making for clients worldwide.


As consumer behavior grows more complex, the ability to connect motivations to outcomes is becoming a critical advantage. By integrating survey sentiment with real-world purchase behavior, Survey Groups help brands and retailers turn insight into action—closing gaps between understanding and execution, and enabling more informed, confident decision-making.


In a market where knowing why matters as much as knowing what, NIQ is redefining how consumer intelligence powers performance. For more information visit NIQ Discover.


Frequently Asked Questions:


Q: What are NIQ Survey Groups?

A: Survey Groups are a new capability within NIQ Discover that connect consumer survey responses directly to real-world purchase behavior from NIQ’s consumer panels, enabling deeper insight into the motivations behind market performance.


Q: How are NIQ Survey Groups different from traditional surveys?

A: Traditional surveys rely on claimed or self‑reported behavior, which can differ from actual actions. Survey Groups link what consumers say with what they actually buy, providing a more accurate view of consumer decision‑making.


Q: Who can benefit from Survey Groups?

A: Survey Groups are designed for brands, retailers, and manufacturers looking to understand the drivers behind brand and category performance, identify growth opportunities, reduce churn or lapsing, and make more confident, data‑driven decisions.


Q: Where are Survey Groups available?

A: Survey Groups are available directly within NIQ Discover, allowing clients to access, analyze, and apply these insights within their existing workflows.


Q: What types of insights do Survey Groups deliver?

A: Survey Groups help uncover key consumer segments, drivers of brand and category growth or decline, barriers to purchase, reasons for lapsing, and emerging opportunities—grounded in real purchasing behavior.


Q: How do Survey Groups support faster decision‑making?

A: By integrating survey, panel, and measurement data in a single platform, Survey Groups make insights easier to access and apply, reducing time to insight and enabling teams to move from analysis to action more quickly.


Q: Is this a standalone launch or part of a broader roadmap?

A: Survey Groups represent the first step in a broader set of enhancements to NIQ Panel Surveys. NIQ will continue to invest in expanding and improving these capabilities throughout 2026 and beyond.


Q: How does this fit into NIQ’s overall strategy?

A: Survey Groups support NIQ’s mission to deliver the Full View™ of consumer behavior by connecting measurement, panel, and survey insights in a single, integrated platform—helping clients navigate increasingly complex consumer ecosystems with confidence.


About NIQ

NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing the pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.


With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.


For more information, please visit www.niq.com.


NIQ-GENERAL


© 2026 Nielsen Consumer LLC. All Rights Reserved.


 


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Contacts

 

Media Contact:

NIQ: media.relations@niq.com

Monday, May 25, 2026

JEOL: Sales Launch of the Laser SEM System “LazEdge”

 (BUSINESS WIRE) -- JEOL Ltd. (President & CEO: Izumi Oi) has developed the “LazEdge”, an SEM system equipped with a laser processing system, and begins sales on May 25, 2026.

Cross-section preparation instruments such as the focused ion beam system (FIB system), are widely used in science and technology fields across research institutes, universities, and industries. In recent years, demand is increasing for a system that can process large-areas at a high speed, while achieving high-quality of the processed surface. “LazEdge” is an instrument integrating JEOL’s SEM with the laser technology proprietary of Hamamatsu Photonics K.K., and enables laser processing inside the specimen chamber of the electron microscope.

This system enables high-quality cross-section specimens produced through high-speed, large-area processing to be transferred seamlessly to subsequent analyses, such as SEM observation, elemental analysis, and crystal orientation analysis, without exposure to the external environment. As a result, it meets a wide range of analytical needs, including metal specimen analysis, battery analysis requiring air-isolation, and semiconductor failure analysis requiring high-speed cross-sectioning.


[Main Features]

1. High-quality cross-sectioning inside the specimen chamber

By integrating a laser processing system into the SEM, LazEdge achieves high-quality cross-sectioning of large-areas with reduced LIPSS structures at a high speed in the specimen chamber, through the use of a proprietary optical system that enables phase modulation of the laser beam spatially.


2. Stable and clean processing enabled by “LazEdge Shield”

The proprietary shielding technology “LazEdge Shield”, minimizes debris generated during processing from scattering, and achieves clean processing without the contamination of detectors, columns, and specimen chamber walls. Moreover, the laser system can simultaneously focus on the specimen processing position and the laser irradiation position on the shield. This technology allows for processing and cleaning of the shield (contamination prevention) at the same time. These technologies provide high-quality cross-sectioning while always maintaining stable power.


3. Seamless, high-throughput processing and observation

By installing a shield inside the SEM specimen chamber and performing the processing within the chamber, it is possible to carry out both processing and observation seamlessly and with high throughput. For example, in EBSD measurements, laser processing alone can produce cross-section with sufficient quality for EBSD measurement. By automatically repeating the processing and measurement, 3D EBSD acquisition is also possible.


[Sales target] 10 units/year


Related link

Product Information: LazEdge Laser SEM system

https://www.jeol.com/products/scientific/sem/lazedge.php


JEOL Ltd.

3-1-2, Musashino, Akishima, Tokyo, 196-8558, Japan

Izumi Oi, President & CEO

(Stock code: 6951, Tokyo Stock Exchange Prime Market)

www.jeol.com



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Contacts

JEOL Ltd.

SI Sales Division

webmaster@jeol.co.jp

https://www.jeol.com/contacts/products.php

The LYCRA Company and Dukane Advance Ultrasonic Bonding for Nonwovens at INDEX™ 26

 LYCRA FUSION™ Fiber for Personal Care Applications Debuts


(BUSINESS WIRE)--The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the personal care industry, and Dukane, a manufacturer of ultrasonic bonding technologies for the hygiene and nonwovens market, are showcasing their latest co-developed advances in ultrasonic bonding at INDEX™ 26, taking place in Geneva, Switzerland, from May 19–22.


Since 2014, both companies have collaborated to advance ultrasonic bonding solutions that help diaper manufacturers improve product softness, fit, and performance while reducing energy consumption, material waste, and maintenance costs. Ultrasonic bonding creates bonded channels between two layers of nonwoven materials, mechanically securing elastic fibers without using adhesives. Dukane’s patented rotary and rigid ultrasonic bonding systems enable high-speed, adhesive-free assembly by delivering precisely controlled ultrasonic energy into nonwoven substrates.


LYCRA FUSION™ fiber, originally developed to prevent snags in hosiery from turning into runs, can now fuse to nonwoven layers during ultrasonic bonding. Its sheath/core construction fuses with surrounding materials, strengthens ultrasonic bonds, and delivers superior yarn creep (snapback). When this fiber is paired with Dukane’s advanced ultrasonic bonding modules, manufacturers can achieve precise elastic placement, improved bond integrity, and consistent product performance while eliminating the variability associated with hot-melt adhesives.


“As ultrasonic bonding gains traction in the hygiene industry, our longstanding collaboration with Dukane focuses on expanding technical capabilities while preparing for commercial scale-up,” said Doug Kelliher, executive vice president, product, The LYCRA Company. “We’re excited to introduce LYCRA FUSION™ fiber for personal care, which provides excellent performance with fewer breaking points and improved bond integrity during the ultrasonic bonding process.”


Building on this shared commitment to innovation, The LYCRA Company and Dukane are aligning fiber development with ultrasonic process engineering to support broader adoption of adhesive‑free elastic attachment in nonwovens.


“From ultrasonic lamination to precision sealing and cutting, our technologies are engineered for consistent quality, global scalability, and sustainable production,” said Justin Lafferty, global product development manager - nonwovens, Dukane. “By advancing ultrasonic bonding with LYCRA FUSION™ fiber, we’re helping customers improve product performance while enabling more efficient production.”


Explore more hygiene and nonwovens solutions at The LYCRA Company stand (2151) and the Dukane stand (1568) at INDEX™ 26.


About The LYCRA Company


The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries and owns the leading consumer brands: LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX® and TACTEL®. Headquartered in Wilmington, Delaware, U.S., The LYCRA Company is recognized worldwide for its sustainable products, technical expertise, and marketing support. The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. Learn more at thelycracompany.com.


About Dukane


Headquartered in St. Charles, DUKANE is a global leader in ultrasonic bonding technologies for the hygiene and personal care industries. Unlike single-approach bonding systems, Dukane offers a range of ultrasonic bonding modules designed to replace adhesive-based processes in hygiene and personal care manufacturing. Manufacturers can select the right bonding technology based on product design, production speed, and long-term operational goals. Dukane’s flexible platform supports intermittent and continuous bonding, as well as blade and rotary technologies, without locking manufacturers into a single technology path. Learn more at dukane.com/nonwoven.


 


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Contacts

 

Karie J. Ford

Karie.j.ford@lycra.com


Shivani Singh

ssingh@dukane.com


 

MOBX to Acquire U.S. Defense Rare Earth, Critical Minerals Company

 (BUSINESS WIRE)--Mobix Labs (Nasdaq: MOBX) today announced a non-binding Letter of Intent to acquire Special Project Delivery LLC ("SPD"), a U.S. company building sovereign supply chains for rare earth elements, critical minerals, and energy storage.


The proposed acquisition would extend Mobix Labs' national security work — already supplying U.S. and allied fighter jets, missiles, submarines, and satellites — directly into one of the world's most strategically important industrial sectors. MOBX is moving directly into the supply chain powering modern defense, aerospace, and AI infrastructure.


Forward-Looking Statements


This press release contains forward-looking statements regarding the proposed acquisition of Special Project Delivery LLC ("SPD"), which are subject to risks and uncertainties described in Mobix Labs' SEC filings and similar provisions under applicable non-U.S. securities laws. The Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed or the proposed transaction completed.


Follow us on X: @MobixLabs_MOBX

Follow on StockTwits: MobixLabs

Follow us on LinkedIn: Mobix Labs


 


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Contacts

MOBX Investor Relations Contacts

Chris Eddy or David Collins

Catalyst IR

mobx@catalyst-ir.com or 212-924-9800