TECH BULLETIN

Monday, August 24, 2026

Tech Market Context: Macro Drivers

Key macro instruments that drive tech market movements: yields, dollar, risk appetite

Market Commentary

Today's Interesting Company News

Tersis Technologies and Ameri-Green Environmental Recycling Sign MOU for First Planned U.S. Commercial Deployment of SynGenic V3 Technology

(OTC:TERS) Tersis Technologies, Inc. announced that it has entered into a Memorandum of Understanding with Ameri-Green Environmental Recycling, LLC to pursue a joint venture focused on the deployment and commercialization of Tersis' SynGenic V3 resource-recovery technology in Americus, Georgia. Under the MOU, the parties intend to designate Ameri-Green's Americus operations as the planned site for the first stateside commercial deployment of the SynGenic V3 system. The SynGenic V3 is a modular and scalable resource-recovery platform designed to convert waste feedstocks into energy and other recoverable resources. Ameri-Green operates established waste collection, recycling and materials-handling infrastructure in Americus and the surrounding region. The parties intend to collaborate on site assessment, engineering, feedstock characterization, permitting, regulatory review, project development, technology licensing, operator training and commercialization planning. Ameri-Green is expected to contribute its Americus site and related infrastructure, existing waste and recycling operations, feedstock relationships and supply, permits and local regulatory relationships, community relationships, and day-to-day site operations support. Tersis is expected to contribute the SynGenic V3 technology, engineering and process design, technology-development expertise, technology licensing, operator training, project-development capabilities and commercialization support.

Windar Photonics: Result of Placing & Direct Subscription

(AIM:WPHO) Windar Photonics plc announced that the Placing and Direct Subscription, together with the Directors' Intended Subscription, was significantly over-subscribed and has conditionally raised gross proceeds of approximately £4.055 million (before expenses) through the issuance of 81,100,000 New Ordinary Shares at the Issue Price of 5 pence per Ordinary Share. The Directors' Intended Participation is expected to raise a further £865,000, resulting in expected total gross proceeds of £4.92 million. The Company is providing existing eligible shareholders with the opportunity to subscribe for up to 4,000,000 Retail Offer Shares at the Issue Price, to raise up to £200,000 (before expenses) pursuant to the separate Retail Offer. Each New Ordinary Share will have one warrant to subscribe for one Ordinary Share attached, exercisable at 10 pence per Ordinary Share each for a period of three years. Admission of the New Ordinary Shares and commencement of dealings is expected at 8.00 a.m. on 27 August 2026. Zeus is acting as Nominated Adviser, sole Broker and Sole Bookrunner in connection with the Fundraising. The Placing Shares and Direct Subscription Shares will be issued fully paid and will rank pari passu in all respects with the Company's Existing Ordinary Shares.

Star Navigation Systems Group Announces Strategic Partnership With Aero Intelligence and Collaboration With Toronto Metropolitan University

(CSE:SNA) Star Navigation Systems Group Ltd. announced a strategic partnership with Aero Intelligence Corp. in support of Aero's research and technology collaboration with Toronto Metropolitan University. Under the agreement, Aero will leverage Star's STAR-A.D.S.® / STAR-ISMS® technology platform as a foundational component in the development of next-generation solutions. The collaboration between Aero and TMU is expected to explore and advance research and commercialization initiatives focused on innovative technologies for the aviation sector, with potential applications across transportation, energy, and industrial monitoring industries. Solutions developed through the Aero-TMU collaboration will be marketed under the 'Powered by Star' brand, recognizing the foundational role of Star's technology to the partnership. Star Navigation Systems Group Ltd. develops and manufactures the STAR-ISMS® (In-flight Safety Monitoring System), the core component of the Company's STAR-A.D.S.® (Aircraft Data System) platform. The STAR-A.D.S.® system provides real-time tracking, performance monitoring, trend analysis, and predictive capabilities designed to enhance aviation safety, improve fleet management, and reduce operating costs. Through its MMI Division (Military and Defense), Star also designs and manufactures high-performance, mission-critical flight deck flat-panel displays for defense and commercial aviation markets worldwide.

Leidos to Strengthen Cyber Defenses Across Department of War Networks

(NYSE:LDOS) Leidos will help the Department of War detect and defend against cyber threats by monitoring military networks 24 hours a day, seven days a week under a five-year contract. Work under the $301 million contract with the U.S. Army strengthens the Department of War Information Network, the global network used by all U.S. military organizations. This follow-on contract continues Leidos' work supporting this Army mission to deliver defensive cyber capabilities for the U.S. and its allies. Throughout the program, Leidos has combined operational excellence with continuous innovation, enhancing cyber defense with advanced AI-enabled technologies. Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026.

Mynd.ai Unveils Privacy-First AI Tools to Improve Engagement in Classrooms and Workplaces

(NYSE:MYND) Mynd.ai, Inc. announced that its Promethean brand is introducing a new generation of AI-powered solutions designed to help educators and workplace teams better understand engagement, reduce friction, and act with confidence in real time. The new capabilities are built around privacy, reliability, and ease of adoption, bringing practical AI into existing workflows without adding complexity or compromising trust. Promethean's AI strategy is grounded in data privacy, security, fairness, transparency, and accountability, with personal information remaining on local customer-owned devices by default. Beginning in Q4, schools and districts will be able to opt in to new AI-powered tools as they become available, including Engage Meter and the Promethean Companion for ActivSuite and EE (on iOS). Engage Meter delivers immediate feedback on class or team engagement and processes all personal data locally on the customer-owned device. The Promethean Companion helps educators with setup, preparation, and lesson delivery by providing timely, contextual support within familiar workflows. Mynd.ai, Inc. serves users in over 125 countries through its Promethean brand, headquartered in Alpharetta, Georgia but founded in Blackburn, England.

Everkind Wellness Inc. Announces Closing of Qualifying Transaction

(TSXV:EK) Everkind Wellness Inc. has completed its previously announced qualifying transaction pursuant to which the Company acquired all of the issued and outstanding securities of Everkind Inc. The transaction was completed by way of a three-cornered amalgamation under the Business Corporations Act (Ontario) among the Company, its wholly-owned subsidiary 1001520531 Ontario Inc. and Everkind. In connection with the transaction, Everkind completed a non-brokered private placement of an aggregate of 7,625,000 subscription receipts at a price of $0.80 per subscription receipt for aggregate gross proceeds of $6,100,000. The Company paid aggregate cash finder's fees of $100,776 in connection with the concurrent financing. Immediately prior to the closing of the transaction, the Company changed its name from 'AF2 Capital Corp.' to 'Everkind Wellness Inc.' and consolidated its issued and outstanding common shares on the basis of one post-consolidation common share for every 5.33333 pre-consolidation common shares. On completion of the transaction, the issued and outstanding share capital of the Company consists of 101,523,249 common shares, outstanding stock options to acquire 5,536,276 common shares, and 593,908 restricted share units. Subject to the Company fulfilling all of the Exchange's listing requirements, it is expected that the common shares will commence trading on the Exchange under the new ticker symbol 'EK' at the open of markets on August 26, 2026.

Alithya Strengthens Enterprise Project Portfolio Management Capabilities With Addition of Project Technologies Group

(TSX:ALYA) Alithya Group inc. announced that it has acquired certain assets of Project Technologies Group, Inc. (PTG) and welcomed its team members to Alithya. The addition strengthens Alithya's Oracle Primavera Cloud capabilities and expands its ability to serve clients in engineering, construction, and other project-centric industries. The PTG team brings more than 40 years of Primavera solutions experience as a dedicated Oracle Primavera Cloud partner. Its expertise spans implementation, training, and enablement across scheduling, resource and risk management, and portfolio and capital planning. By helping clients manage complex, capital-intensive projects, PTG supports effective schedule and budget management. Together, these capabilities strengthen Alithya's established Enterprise Project Portfolio Management practice, enabling the company to deliver end-to-end services across the full project lifecycle. This reflects Alithya's continued investment in its partnership with Oracle and its commitment to helping clients maximize the value of their Oracle investments.

IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE

(NYSE:IBM) IBM announced the first dual-architecture mainframe processor, designed to enable enterprises to run operating systems and applications on both the IBM and Arm compute platforms in future IBM Z and LinuxONE systems. The processor is being developed to allow organizations to run Arm-native Linux environments simultaneously with z/OS and Linux on IBM Z, while benefiting from IBM's established security, reliability, and scale. The new processor is built on a 2 nanometer technology node and will contain 11 high-performance cores operating at more than 5.7 GHz, AI inference accelerators for in-transaction fraud detection, a dedicated on-chip data processing unit for I/O acceleration, and a large cache architecture for demanding enterprise workloads. Each processor core can natively execute Arm and IBM Z, or Arm and LinuxONE, instructions concurrently. IBM Z and LinuxONE platforms are capable of scaling to hundreds of cores and tens of terabytes of memory. The announcement marks the first processor milestone to emerge from the IBM and Arm collaboration established in April 2026.

SU Group Secures Exclusive Macao Rights for Award-Winning Robotic Infrastructure Inspection Solution

(NASDAQ:SUGP) SU Group Holdings Limited announced that its subsidiary, Shine Union (Macao) Limited, has entered into an exclusive distribution agreement with Green Light Multiplex Co. Limited to market, distribute and sell the Inspec Spider high-mast inspection robot. Shine Union Macao has received the sole and exclusive right to market, advertise, distribute and sell the Inspec Spider in the Macao Special Administrative Region. The Inspec Spider is Hong Kong's first robotic high-mast lighting inspection and maintenance solution and can climb polygonal high masts and poles up to 35 meters. The technology has received a Silver Edison Award in the innovation field and the highest accolade of a Gold Medal at the International Exhibition of Inventions Geneva. The Inspec Spider has undergone field testing at Hong Kong International Airport. The partnership represents an early commercial milestone for Shine Union Macao and supports SU Group's strategy of expanding its addressable market through differentiated technologies. The partnership is an important proof point in SU Group's strategy to introduce differentiated security and infrastructure technologies into additional markets over time.

Robo.ai Inc. Reports First Half 2026 Financial Results

(NASDAQ:AIIO) Robo.ai Inc. announced its unaudited financial results for the six months ended June 30, 2026, reporting net revenue of US$55.1 million compared with US$0.6 million for the same period of 2025. The acquisition of QC Capital on June 15, 2026 contributed US$54.4 million in net revenue from the acquisition date to period end. Gross profit was US$0.2 million, compared with a loss of US$0.4 million for the same period of 2025. Net income attributable to Robo.ai's shareholders was US$46.7 million, compared with a net loss of US$2.2 million for the same period of 2025. Basic and diluted income per ordinary share attributable to shareholders was US$0.81, compared with a loss per ordinary share of US$0.15 for the same period of 2025. Total shareholders' equity as of June 30, 2026 was US$95.8 million, compared with a shareholders' deficit of US$116.1 million as of December 31, 2025. In May 2026, the Company acquired 100% of Neurovia AI Limited, and in June 2026, the Company acquired 100% of QC Capital.

Nuix Posts 18.8% FY26 Revenue Growth as Neo Platform Scale Accelerates

(ASX:NXL) Nuix Limited lifted revenue 18.8% to $263.2 million in the 2026 financial year as rapid adoption of its Nuix Neo platform helped drive stronger profitability and cash generation. Annualised contract value (ACV) increased 13.9% to $260.0m, while Nuix Neo ACV surged 179% to $78.5m across 135 customers and reached 30% of total ACV. Nuix’s core adjusted management profitability measure rose 60.4% to $59.8m as revenue growth outpaced operating costs, lifting its margin from 16.8% to 22.7%. Underlying cash flow increased 154% to $51.0m and overall free cash flow rose from $4.0m to $37.4m, leaving Nuix with net cash of $49.9m after completing the Linkurious acquisition. Statutory NPAT reached $16.4m compared with a $9.2m loss in the prior year, while EBITDA increased 40.5% to $66.9m on a statutory basis. Nuix completed the Linkurious acquisition on 20 April, with the business contributing $12.0m of ACV at 30 June on an annualised run-rate basis, plus $3.8m of revenue and $2.0m of EBITDA for the 72 days following financial close. The company plans a one-off $15m R&D Accelerator investment to strengthen platform integration, AI capabilities, cloud delivery, and user experience.

DXN Signs Turnkey Contract With AI Compute Operator to Deliver HPC Modular Data Centre

(ASX:DXN) DXN has secured a $12.2 million contract with an undisclosed artificial intelligence (AI) compute operator for the design, engineering, manufacture, delivery, installation and commissioning of a 2 megawatt AI high-performance computing (HPC) modular data centre. The turnkey contract will combine purpose-built DXN AI modules with an upgrade of existing onsite infrastructure through a single high-density data hall. Detailed design and long-lead procurement will commence immediately, with the customer’s site expected to be operational in the new year. The new contract follows the $8.8 million deal DXN signed in June with an undisclosed US-based neo-cloud operator for the delivery of a 1.36MW HPC modular data centre. Managing director Shalini Lagrutta said the new contract reflected accelerating global demand for modular, rapidly deployable, high-density AI compute infrastructure. The global data centre GPU market was estimated at approximately USD$99 billion in 2025 growing at approximately 14% per annum, while GPU-as-a-Service global revenue is forecast to reach approximately USD$134 billion by 2030. DXN’s prefabricated AI HPC module range is designed for the AI compute market, fully tested prior to shipment and deployable within eight months from contract signing.

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