TECH BULLETIN

Tuesday, June 16, 2026

Tech Market Context: Macro Drivers

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Today's Interesting Company News

CLEAR Launches at Indianapolis International Airport

(NYSE: YOU) CLEAR announced the launch of its identity verification technology at Indianapolis International Airport (IND), introducing CLEAR+ Lanes, automated eGates, and CLEAR Concierge to enhance the travel experience. The launch brings CLEAR's full suite of airport services to IND, including biometric eGates that allow CLEAR+ Members to verify their identity in under five seconds. CLEAR now serves more than 8.2 million Active CLEAR+ Members at 62 airports and more than 41 million Total CLEAR Members across its secure identity platform. IND generates a $7.5 billion total annual economic impact to the state of Indiana and served more than 10.6 million business and leisure travelers in 2025. More than 11,000 people work at the airport each day, and nearly 54,000 jobs statewide have a connection to the airport. The airport is home to the world's second-largest FedEx operation and the nation's eighth-largest cargo facility. The company projects a network-wide eGate rollout in 2026 and continued national growth of its products, services, membership base, and airport network.

Silicon Labs Advances Large-Scale Matter Deployments With 200-Node Matter-over-Thread Validation Network

(NASDAQ:SLAB) Silicon Labs announced the successful deployment and operation of a 200-node Matter-over-Thread validation network, demonstrating the scalability, reliability and performance of Matter for large-scale smart building, commercial IoT and next-generation smart home applications. The deployment was conducted across Silicon Labs' Boston Connectivity Lab and office environment, with devices distributed throughout the facility and exposed to real-world wireless conditions including active Wi‑Fi, Bluetooth and Thread traffic. Key findings include 100% commissioning success using on-network commissioning, reliable multicast and multi-hop unicast communications with mean multicast latencies as low as 87 ms, and less than 1% packet loss across most payload sizes. The network tested multicast messaging, unicast communications, commissioning workflows and long-term network stability under deployment-like conditions. The company projects that Matter-over-Thread can support commercial-scale lighting, building automation and large IoT deployments. Silicon Labs supports the latest Matter specifications, including Matter 1.6 capabilities, and provides OpenThread Border Router solutions and Concurrent Multiprotocol Technology across its latest wireless platforms, including MG26 and Series 3 devices.

Intouch Insight Report Reveals Six Trends Redefining Convenience Stores in 2026

(TSXV:INX) Intouch Insight Ltd. announced the release of its 2026 C-store Trends Report, identifying six trends redefining how convenience stores compete for customer visits, loyalty, and operational consistency. The report, The New Convenience Battleground: C-store Trends Shaping 2026, shows that nearly 60% of c-stores visited in a recent Intouch Insight audit were serving made-to-order food. 58% of consumers said they are likely to choose a brand over a closer competitor because of exclusive food items. Intouch Insight survey data found that 75% of consumers had visited a convenience store at least once in the past 30 days primarily to buy a beverage without purchasing fuel or snacks. The report also found that 30% of consumers have increased their preference for high-protein options or smaller, portion-controlled food packaging at convenience stores over the last 12 months. Only 6% of c-store locations in a recent Intouch Insight audit had EV charging stations. The company projects that execution standards must evolve alongside the store format as c-stores serve more customer missions.

HammerPay Reaches New Milestone in Liberia as Expanding Merchant Network Drives Next Phase of Digital Commerce

Hammer Technology Holdings (OTCID: HMMR) today announced a significant milestone in the continued growth of HammerPay Liberia, marked by the expansion of its merchant network and the ongoing development of HammerMarketplace. Over the past several years, HammerPay has focused on building the infrastructure, partnerships, and local relationships needed to support digital commerce in Liberia. HammerPay users can access a growing network of participating businesses that includes healthcare providers, pharmacies, supermarkets, and specialty retailers. Participating merchants include GIMS Hospital, Karish Eye Care, Buntu Pharmaceuticals, Redemption Pharmacy, Moony Pharmacy, Right Choice Supermarket, Dominion Super Store, Saksouk Shopping Center, Pee Cee Super Store, Sunshine Mini Mart, and other local businesses serving communities throughout Liberia. HammerMarketplace brings commerce and payments together in a single experience that allows users to browse participating merchants, purchase products and services, fund wallets, and support family members and friends across Liberia. The continued growth of HammerPay and HammerMarketplace represents another step forward in the Company's effort to expand access to digital commerce and financial services while supporting economic participation throughout Liberia.

Sidus Space's LizzieSat® Completes Vibration Testing Ahead of Expected Fall 2026 Launch

(NASDAQ: SIDU) Sidus Space, Inc. announced that its next LizzieSat® has successfully completed vibration testing, a key environmental qualification milestone for SpaceX's Transporter-18 rideshare mission. The Transporter-18 mission is currently scheduled for launch no earlier than October 2026 from Vandenberg Space Force Base in California. The vibration testing was conducted at Element U.S. Space & Defense's facility in Orlando, Florida. This mission will be the first to carry Sidus Space's proprietary Fortis™ Maxima Command and Data Handling (C&DH) system, which features a quad-core ARM processor, reconfigurable FPGA, integrated NVIDIA edge AI/ML engine, and assured positioning, navigation, and timing (A-PNT) suite. Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration, and testing facility in Cape Canaveral, Florida. The company designs, manufactures, assembles, and tests its LizzieSat spacecraft in-house. The company projects that operating Fortis Maxima aboard LizzieSat in space is expected to advance it to Technology Readiness Level 9 (TRL-9), the highest level of technology maturity.

Waterdrop Inc. Reports First Quarter 2026 Unaudited Financial Results, Q1 Net Revenue up 64.8% Year-over-Year

(NYSE: WDH) Waterdrop Inc. announced its unaudited financial results for the first quarter ended March 31, 2026, reporting net operating revenue of RMB1,242.2 million, a 64.8% year-over-year increase. Net profit attributable to the Company's ordinary shareholders was RMB98.4 million, marking the Company's 17th consecutive quarter of profitability. As of May 31, 2026, Waterdrop had cumulatively repurchased approximately 61.8 million American Depositary Shares (ADSs) from the open market. Insurance-related income in the first quarter was up 74.1% year-over-year, and first-year premiums facilitated by the "AI Insurance Expert" increased by 17.7% quarter-over-quarter. Premiums for pre-existing condition insurance increased 24.3% year over year, and the KEYI.AI underwriting assistant has processed more than 10,000 inquiries to date. Waterdrop Medical Crowdfunding has seen approximately 494 million users donate RMB73.5 billion to help 3.75 million patients since its launch in 2016. The company projects to move faster toward becoming an AI-native company to strengthen execution and support durable value for users and shareholders.

Syntec Optics (Nasdaq: OPTX) Lands Space Optics Order, Boosting Total to $4.3M for Weekly Satellite Launches

(NASDAQ:OPTX) Syntec Optics Holdings, Inc. announced nearly $2.4 million in new purchase orders for the product line, scaled for higher production in Q1 2026, to support weekly launches of Low Earth Orbit satellites. This order expands the previously announced nearly $1.9 million Q1 order, bringing total recent awards for this product line to nearly $4.3 million, with full delivery expected before the middle of next quarter. Tens of thousands of Syntec Optics nanoscale-precision optics are already operational in low-Earth orbit. The company states that nearly 20,000 of its ultra-precise optics are orbiting the Earth. Goldman Sachs projects that nearly 30 percent of the world population still lacks internet services, and the satellite market could grow significantly, from $15 billion to $108 billion by 2035. Morgan Stanley forecasts that the global space economy will reach $1 trillion by 2040. According to SPIE, the monetary value of all light-enabled products and related services accounts for over 15% of worldwide economic output (nearly $16 trillion of the total $106 trillion value of all finished goods and services produced worldwide in 2023).

Telescope Innovations Provides Financial Results of Third Fiscal Quarter 2026

(CSE:TELI) Telescope Innovations Corp. reported financial results for the fiscal quarter ended May 31, 2026 (Q3 FY2026), generating revenues of approximately $2.1 million during this period, with an adjusted EBITA loss of $1.1 million. Revenues for Q3 FY2026 were $2.12MM compared to $1.39MM in Q3 FY2025, and year-to-date gross revenues increased to $6.5 million compared with $3.6 million in the same six-month period last year, representing 80% growth. Expenses for Q3 FY2026 were $3.53MM versus $1.90MM in Q3 FY2025. The company secured its third Self-Driving Lab platform contract in Q3 for a major global pharmaceutical company and received a contract from a major European pharmaceutical company for its third Self-Driving Lab, expected to be installed at the client's European facilities within the coming months. Telescope signed a Development and Collaboration Agreement with AGI Group's Synthesis, Digitization, and Automation division to develop new chemical reactor technology. In Q3 2026, Telescope invoiced against a platform for analysis of minerals based on DirectInject-IC™ to support the Lithium battery industry. The company projects continued development and commercialization of its Self-Driving Lab platforms, expansion of contract services and technology offerings, advancement and integration of automation technologies, execution of its project pipeline, and the ability to generate future revenues and achieve profitability.

QuantumCore Achieves Major Breakthrough in Quantum Amplifier Technology, Accelerating Commercialization Timeline

(CSE: QNCR) QuantumCore Ltd. announced a significant technical breakthrough in the development of its kinetic inductance traveling wave parametric amplifier ("KI-TWPA") platform, achieving performance levels that approach rival existing semiconductor-based amplification technologies. The Company expects to begin shipping evaluation units to select customers under non-disclosure agreements in the coming weeks. The breakthrough addresses a critical infrastructure bottleneck as quantum computing systems scale beyond 1,000 qubits, a milestone expected to be reached across multiple quantum computing architectures beginning in 2027. QuantumCore's superconducting KI-TWPA technology provides high-performance signal amplification while dissipating a fraction of the power consumed by semiconductor alternatives. The company will continue to invest aggressively in research and development focused on integrating additional critical infrastructure functions directly into the amplifier platform. QuantumCore has entered into an investor awareness agreement with Altura Media Co. Inc., a Vancouver, British Columbia-based marketing and communications firm, for a term of twelve months with a total budget of C$300,000 plus applicable taxes. All content and materials produced under the engagement will be subject to the Company's review and approval and will comply with applicable securities laws and Canadian Securities Exchange policies.

Boardwalktech Announces Expanded Adoption of AI-Enhanced Velocity Platform by Existing Customers

(TSXV: BWLK) (OTCQB: BWLKF) — Boardwalktech Software Corp. announced that three existing customers, Levi Strauss & Co., SiTime Corporation, and Sekisui Specialty Chemicals, have expanded their use of Boardwalktech's Velocity platform and adopted new AI capabilities. The expanded deployments represent continued momentum and increasing revenue among Boardwalktech's existing customer base. A large semiconductor company using the digital thread of curated AI data in Velocity saw deal flow increase 8.6%, a reduction in average quote response time from 8.2 days to 2.9 days, and win rates increased 15.8%, delivering millions of dollars of additional deals and revenue. Boardwalktech's enhanced Velocity and Unity Central platforms unify every enterprise document, signal, and information flow into a single living digital information thread. The Company is headquartered in Palo Alto, California, with offices in India and operations across North America. The company projects that these customer expansions reflect a broader trend among enterprises seeking to deploy AI solutions on top of trusted, governed data environments like Velocity.

Rockwell Automation and the Center for Automotive Research Release New White Paper on the Next Phase of Smart Manufacturing in Automotive

(NYSE:ROK) Rockwell Automation, Inc. has partnered with the Center for Automotive Research (CAR) to release a new white paper titled 'Smart Manufacturing in Automotive: Deployment and Impact.' The report uses comprehensive data from Rockwell Automation's 11th annual State of Smart Manufacturing report and details measurable results such as up to 50% reductions in unplanned downtime in select applications, approximately 5% improvements in overall equipment effectiveness, and 5% to 7% gains in throughput from real-time production analytics. Rockwell Automation employs approximately 26,000 problem solvers dedicated to customers in more than 100 countries. The white paper highlights key drivers accelerating adoption, including more complex production environments, ongoing warranty pressures, rising costs, and increasing global competition. Automation is also helping enable onshoring by supporting cost-competitive production in tight labor markets. The company projects that differences in adoption are creating gaps in quality, uptime, and productivity, with implications for supplier performance and long-term competitiveness.

InterDigital Awarded Injunction Against Disney by Unified Patent Court

(NASDAQ:IDCC) InterDigital, Inc. announced it has been awarded another injunction against Disney by a court in Europe. The Mannheim Local Division of the Unified Patent Court (UPC) ruled that InterDigital is entitled to an injunction over Disney’s infringement of an InterDigital patent covering certain video encoding techniques related to HEVC and confirmed the validity of this patent. The injunction against Disney spans 11 EU countries. Other injunctions have been issued by courts in Germany and Brazil for Disney’s infringement of InterDigital’s intellectual property related to high dynamic range (HDR) technology, the dynamic overlaying of multiple video streams, and additional compression technologies related to HEVC and AVC. The judgment from the Mannheim court is the first injunction InterDigital has received from the UPC against Disney. InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. The company remains committed to securing a long-term agreement with Disney, which reflects fair value for innovation that Disney uses every day, and which enables ongoing investment in research to develop next generation video technology.

Valens Semiconductor's HDBaseT Chipsets Power Barco's ClickShare USB-C Extension Over CAT Kit

(NYSE: VLN) Valens Semiconductor announced that its HDBaseT chipsets will form the connectivity infrastructure inside of Barco's ClickShare USB-C Extension over CAT kit. The ClickShare USB-C Extension over CAT kit is capable of supporting seamless extension of 4K video and USB2 for distances of up to 40 meters. Barco's ClickShare products are recognized as premium wireless meeting room systems for easy video conferencing, collaboration, and presentation. Valens' chipsets are integrated into countless devices from leading customers, powering state-of-the-art audio-video installations and next-generation videoconferencing. The company projects anticipated future results, including financial results, anticipated growth projections, and expectations regarding future revenues, gross margin, and adjusted EBITDA loss. The press release also notes the company's technology forms the basis for leading industry standards such as HDBaseT® and MIPI A-PHY. The announcement highlights the continued and growing demand for high-performance connectivity in the Pro AV market.

Infosys Collaborates With Valmet to Reimagine IT Operations With AI Accelerated Transformation

(NSE:INFY) Infosys announced a strategic, long-term collaboration with Valmet to modernize Valmet's core IT services and deliver end-to-end IT transformation. Infosys will leverage Infosys Topaz Fabric and Infosys Cobalt to embed intelligence across IT operations and accelerate Valmet's cloud journey. Valmet's net sales in 2025 totaled approximately EUR 5.2 billion, and the company has a global team of 18,500 professionals in approximately 40 countries. Infosys employs over 325,000 people and enables businesses in 63 countries to unlock AI value at scale. The collaboration aims to reduce operational costs, optimize existing resources, and enable proactive management of enterprise-wide IT operations. The company projects that these capabilities will enable an AI-first operating model that supports sustained operational efficiency, improved resiliency, and long-term business agility.

DXC Expands Relationship With Norske Skog to Modernize Network and Technology Operations

(NYSE:DXC) DXC Technology announced an expansion of its long-standing relationship with Norske Skog, a leading producer of publication paper and recycled containerboard in Norway, to design, implement, and operate a new software-defined wide area network (SD-WAN) over the next four years. The new network solution is designed to deliver stronger security, improved performance, greater scalability, and simplified management across Norske Skog's locations. DXC will serve as the primary technology partner and trusted advisor across Norske Skog's broader technology estate. Norske Skog operates four mills in Europe with an annual production capacity of packaging paper at 0.8 million tonnes and publication paper at 1.2 million tonnes. Norske Skog has approximately 1 650 employees and is incorporated in Norway with its head office in Oslo. DXC Technology has more than 20 years of experience delivering end-to-end business and IT services to Norske Skog. The company projects that the new SD-WAN will provide secure, scalable connectivity across its sites, improving performance and supporting continued digital development.

Cirata Symphony, IBM OEM Agreement

(AIM: CRTA) Cirata plc announced that it has entered into a revised Original Equipment Manufacturer agreement with International Business Machines Corporation ("IBM"). Under the terms of the Revised OEM Agreement, Cirata Symphony, the Company's Data Orchestration product, will be offered by IBM to its customer base and branded as Cirata Symphony for IBM Big Replicate. On 28 April 2026, IBM published a Statement of Direction announcing its intention to expand its strategic partnership with Cirata to offer Cirata Symphony for IBM Big Replicate. The solution is designed to deliver continuous data movement at petabyte scale with near-zero downtime, expand native support for open table formats including Apache Iceberg, and provide real-time data lineage and immutable audit trails. The agreement is expected to accelerate Cirata's commercial reach by leveraging IBM's global distribution network and its established relationships with enterprise clients at scale. The combined solution is expected to deliver accelerated time to value, operational continuity, and data confidence to IBM's client base. Management believe that the inclusion of Cirata Symphony in the Revised OEM agreement represents a significant milestone in Cirata's strategy to embed its technology within leading enterprise technology ecosystems.

Nanoveu Demonstrates Microphone-Free Keyword Capture on ECS-DoT Chips for Wearable Devices

(ASX: NVU) Nanoveu subsidiary Embedded AI Systems (EMASS) has demonstrated microphone-free keyword spotting at under 1 milliwatt on the ECS-DoT chipset for extreme power efficiency and ultra-low latency AI applications. The novel sensing wearable device architecture achieved real-time keyword spotting from jawbone vibration, capturing speech through the body rather than the air at a sub-milliwatt power envelope. The EMASS trial was able to simultaneously deliver noise immunity, low power, and real-time response. Nanoveu chief executive officer of semiconductor technologies Mark Goranson said the demonstration addressed common power consumption and ambient noise constraints of wearable voice interface design. The hearables market is forecast to grow from US$62 billion in 2026 to US$107b by 2031, with voice emerging as the primary control interface for next-gen devices. Nanoveu said microphone-free technology would surpass existing approaches to wearable voice activation which feature responsive “always on” microphones capable of capturing all noises but consuming more power in louder environments. ECS-DoT can now perform keyword spotting directly on the vibration signal, removing the microphone from the detection path.

VIQ Solutions Announces Client Contract Extensions and an Upcoming Product Release

(TSXV: VQS) VIQ Solutions Inc. announced the extension of two multi-year, multi-million-dollar client contracts in the USA and UK business units. The first extension, with a Media client, pushes the next renewal date out to Q2 2029 and represents approximately US $1.6 million in annual revenue. The second, with a UK Government client, pushes the next renewal to Q3 2028 and represents approximately US $800,000 in annual revenue. The company has also successfully renewed a number of client contracts in courts, law enforcement and other government agencies in the USA. VIQ Solutions Inc. has issued stock options and restricted share units covering a total of 2,010,000 common shares, including a grant of 300,000 stock options and 1,300,000 RSUs to certain officers and directors. All stock options will vest between the grant date and October 31, 2026, and all RSUs will vest following the one-year anniversary of the grant date. The company projects the upcoming release of a new approach to audio capture, which will bring together resilient recording, streaming transcription and translation, and secure remote access in a single connected experience.

TON Strategy Company Highlights Toncoin Rebrand to Gram as TON Ecosystem Advances Telegram-Native Currency Identity

(NASDAQ:TONX) TON Strategy Company announced the TON community’s rebrand of Toncoin, the native currency of The Open Network, to “Gram.” The rebrand follows a community governance vote that concluded on June 8, 2026, with public reports indicating that 81.22% of participating voting power supported the proposal. The scheduled implementation of the change occurred on June 15, 2026, and the rebrand changes the native asset ticker from $TON to $GRAM, while the underlying blockchain and network name remain TON. No token swap, migration, bridge, claim or conversion is required in connection with the rebrand, and TON Strategy’s Nasdaq ticker, TONX, is unchanged. TON Strategy remains focused on accumulating, staking and supporting Gram, formerly known as Toncoin, as part of its long-term digital asset treasury strategy. The company continues to operate legacy business units, including MARKET.live and LyveCom. The company projects benefits, utility, growth, adoption and development of the TON blockchain and Gram ecosystem as a result of these changes.

SAFRAN and THEON Partner to Establish a Joint Venture

Theon International Plc (THEON) and Safran Electronics & Defense (SAFRAN) have signed a Memorandum of Understanding to establish a joint venture dedicated to the design, development and commercialization of airborne electro-optical and infrared systems for unmanned aerial vehicles. The joint venture will develop next generation optronic solutions, covering small gimbals weighing less than 8 kilograms, to address the growing demand for intelligence, surveillance, reconnaissance (ISR) and targeting capabilities in defense and security markets. THEON GROUP has more than 280,000 systems in service with Armed and Special Forces in 72 countries around the world, 26 of which are NATO countries. Safran has a global presence, with more than 110,000 employees and revenue of 31.3 billion euros in 2025. THEON INTERNATIONAL PLC has been listed on Euronext Amsterdam (AMS: THEON) since February 2024. The joint venture aims to deliver platform-agnostic solutions spanning the full spectrum of operational needs for affordable mass deployment systems. The partnership marks a concrete step in strengthening Europe’s technological sovereignty in a critical defense domain.

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