6, Oct 2026
Fiesta Americana Travelty Gives U.S. Travelers the Opportunity to Know Mexico and the Caribbean Like a Local
MEXICO CITY, MEXICO, FALL 2026 — Fiesta Americana Travelty, the online booking platform bringing together the distinct portfolio of Grupo Posadas hotel brands, has introduced a new U.S. consumer campaign inviting travelers to discover Mexico and the Dominican Republic with the insight of a hospitality company that has called Mexico home for more than 50 years.
Available at seven participating resorts, the offer includes 25% savings on stays of three nights or more plus a $300 Experience Credit toward select culinary, wellness, adventure, and destination experiences.
The “Know It Like We Do” campaign builds on Grupo Posadas’ Mexican-born hospitality philosophy and more than five decades of experience welcoming guests. Rather than focusing on rooms and amenities, the campaign highlights the local knowledge, personal connection, and experiences that allow travelers to see beyond the resort and go deeper than familiar landmarks and hotspots.
“Our resorts are gateways into the places we call home,” said Jose Jaime Lorenzo, Grupo Posadas Chief Commercial Officer. “We want guests to leave with more than beautiful photographs. We want them to carry home a story, a connection, a flavor. And with it all, we want them to gain a new understanding of the destination.”
Participating resorts include Devossion by Live Aqua Playa del Carmen, Live Aqua Punta Cana, Live Aqua Cancun, Grand Fiesta Americana Coral Beach Cancun, Fiesta Americana Condesa Cancun, Fiesta Americana Riviera Nayarit, and Fiesta Americana Puerto Vallarta.
The collection includes adults-only and family-friendly options; all are all-inclusive resorts, offering a wealth of elevated culinary journeys that bring local flavors and authentic traditions to life. Eligible experiences vary by resort and may include select dining, wellness, recreation, and destination activities.
For more information on participating resorts, eligible experiences, and booking details, visit https://www.
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- By Neel Achary
6, Oct 2026
Leonardo DRS Establishes UK Subsidiary and Launches Local Capabilities for its Tactical Radars including Full Manufacturing
New DRS UK capability will support growing demand for counter-UAS, air defence and active protection system applications
ARLINGTON, Va.– Oct. 6, 2026 – Leonardo DRS, Inc. (Nasdaq: DRS) announced the establishment of DRS UK, a new subsidiary created to support the company’s business in the United Kingdom, along with the launch of local production of tactical radars in the UK.
The newly purpose-built production site expands DRS’s manufacturing footprint and creates a dedicated local presence to support UK defence customers, industry partners and system integrators. The company said the investment is intended to strengthen long-term support for UK programmes and provide greater flexibility to meet evolving operational requirements.
DRS tactical radars are designed to detect, track and classify a wide range of airborne and ground threats, including unmanned aircraft systems (UAS) and rockets, artillery and mortars (RAM). The radars support counter-UAS, air defence, force protection and active protection system applications.
DRS said more than 10,000 radar panels have been deployed worldwide with operational service with the United States Armed Forces, NATO allies and other international customers.
“Establishing DRS UK and launching a full local tactical radar capability, strengthens our ability to support customers and partners with the proximity, responsiveness and manufacturing capacity needed to meet evolving operational requirements,” said John Baylouny, president and chief executive officer of Leonardo DRS. “This investment enables closer collaboration with UK industry partners and integrators to deliver counter-UAS, air defence and force protection capabilities that help protect the warfighter.”
“Our investment in UK-based manufacturing for advanced sensing technologies reinforces the industrial capability, supply chain resilience and skilled workforce needed to support critical defence priorities,” said Max Cohen, senior vice president and general manager overseeing DRS’s tactical radar portfolio. “By establishing this local capacity, we are creating high-value engineering and manufacturing opportunities while positioning DRS UK to support future export growth and deliver greater value to customers across the UK and Europe.”
The UK operation will serve as a strategic hub for DRS’s tactical radar business in the UK and Europe, the company said.
6, Oct 2026
Shasta Pools Hires 30-Year Builder to Head Residential Construction Division
SCOTTSDALE, Arizona (October 6, 2026) – Shasta Pools, Phoenix Metro’s most recognized pool builder, named Vic Harshman as Head of Residential Construction. Harshman joins the new leadership team with more than three decades of hands-on industry experience and a long-standing relationship with the company to one of its most critical leadership roles.
Harshman has held senior construction leadership positions in Arizona and Texas, and worked closely with Shasta Pools, developing firsthand knowledge about the company’s standards, culture and customers. The appointment reflects the momentum Shasta Pools has built since its August 6 acquisition by Dansons Capital Group, Accrual Equity Partners, and Hydro Construction, and positions the full-service 60-year old pool company for continued growth.
Leadership Perspective
“Vic brings exactly the kind of no-nonsense, customer-first leadership our residential construction division needs,” said Jeff Thiessen, President, Dansons Capital Group. “His philosophy is deeply aligned with ours. Keeping customers’ needs as the foremost priority at every stage of the build process is at the center of everything we do, and Vic lives that every day.”
Harshman’s career in pool construction began at age 19, when he purchased a backhoe and launched a business digging plumbing trenches and footings. When the housing market declined in the late 1980s, he relocated to Las Vegas and began excavating swimming pools, a move that led to the creation of Harshman Excavating.
Harshman built and operated excavation businesses in Nevada, Arizona and Texas, primarily serving the pool industry, and served for a period as Shasta’s exclusive excavation contractor.
In 2012, Harshman joined A&A Manufacturing, serving pool builders across an eight-state region and growing annual sales by 10x. In 2020, he joined Keith Zars Pools in Texas as Director of Construction, where he brought together decades of ownership, leadership and industry knowledge.
A Return Rooted in Relationships
“I have always believed that strong relationships, hard work, accountability and taking care of people are the foundation of a successful business,” said Vic Harshman, Head of Residential Construction, Shasta Pools. “Shasta has been a meaningful part of my career for many years. I am genuinely excited to come back and help lead this team into a very exciting future.”
Harshman steps into the role with the full support of Dan Thiessen, Chairman of the new ownership team, and John Mortensen, the outgoing head of residential construction. Mortensen recommended Harshman for the position and will now serve as the company’s lead trainer. That transition reflects Shasta Pools’ commitment to investing in its people and preserving institutional knowledge as the organization continues to grow.
5, Oct 2026
Applied Intuition Announces Collaboration with Nissan to Provide AI-Native Development Platform and Support AI-Defined Vehicle Development
Applied Intuition will provide its Vehicle OS software and support the development of Nissan’s next-generation SDVs through its AI-native development tooling, extending a relationship that began in 2020.
SUNNYVALE, Calif., Oct. 6, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI solutions for all moving machines, today announced it is deploying its AI-powered software-development tools with Nissan Motor Co., Ltd. to support development of AI-defined vehicles (AIDVs).
As part of the engagement, Applied Intuition will leverage its Vehicle OS software to support development of Nissan’s scalable and open next-generation in-vehicle software platform. Applied Intuition’s software teams in Japan and Silicon Valley will work alongside Nissan’s engineering team in Japan to help shorten software-development timelines and accelerate AI-native vehicle development.
“Nissan is strengthening its software and AI-driven development capabilities as we advance toward the realization of AI-defined vehicles,” said Takashi Yoshizawa, corporate executive, SDV Engineering Division, Nissan Motor Co., Ltd. “As we pursue a more efficient and agile approach to vehicle development, we highly value Applied Intuition’s technical expertise and proven track record in advanced vehicle-software development.”
Applied Intuition’s Vehicle OS software and AI-native development tooling are designed to support Nissan’s internal engineering teams by modernizing software workflows, reducing development complexity, and enabling a common software platform that spans multiple powertrains. By abstracting hardware complexity and unifying legacy and modern software development practices, Applied Intuition will help accelerate the development of Nissan’s future vehicle programs.
“Nissan is taking an ambitious approach to transforming how vehicles are developed,” said Qasar Younis, co-founder and CEO of Applied Intuition. “By combining AI-native software development with Nissan’s vehicle engineering expertise, we aim to redefine how vehicles are developed, evolved and continuously updated over time, as well as the value customers expect from their vehicles.”
This collaboration builds on a relationship that began in 2020, when Nissan adopted Applied Intuition’s simulation technology. Since then, the two companies have jointly advanced AI-powered vehicle development workflows, including a live demonstration of a Nissan LEAF–based test vehicle at AWS Summit Japan. With this expanded collaboration, the partnership extends beyond simulation into in-vehicle operating systems and AI-native software development.
The work with Nissan further strengthens Applied Intuition’s position as a trusted software partner to leading global automakers, including those based in Japan. Applied Intuition combines its engineering strengths with an AI-native development approach to redefine how intelligent vehicles are developed, built and continuously evolved. Applied Intuition’s work with Nissan aims to establish a new industry standard for bringing AIDVs to market.
About Applied Intuition
Applied Intuition is building the technology to make a billion machines intelligent. Founded in 2017, the Silicon Valley company powers physical AI in the automotive, defense, trucking, construction, mining and agriculture industries. Applied Intuition is based in Sunnyvale, California, with nearly two dozen offices around the world, including London, Munich, Tokyo, Seoul and the Washington, D.C., metro area. Learn more at applied.co, or email press@applied.co.
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5, Oct 2026
Applied Intuition Partners with Honda to Accelerate Next-Generation Software-Defined Vehicles
Collaboration brings Silicon Valley software speed and Japanese engineering excellence together to advance Honda’s full-vehicle SDV platform
SUNNYVALE, Calif. and TOKYO, Oct. 6, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI solutions for all moving machines, today announced a partnership with Honda Motor Co., Ltd., to accelerate software development for the automaker’s next-generation software-defined vehicles (SDVs).
Through the partnership, Applied Intuition will leverage its Vehicle OS software to significantly speed up Honda’s in-house development of a centralized, upgradable and highly personalized SDV platform. The collaboration brings together top engineering talent from Honda and elite software teams in Japan and Silicon Valley to advance a full-vehicle SDV platform designed to support Honda’s next-generation vehicle architecture.
“Honda is advancing toward a software-defined future where vehicles can continuously evolve and deliver highly personalized experiences to our customers,” said Mahito Shikama, Chief Officer, Corporate Strategy Operations of Honda Motor Co., Ltd. “By partnering with Applied Intuition, we can accelerate our internal development efforts while maintaining control over our vehicle architecture and software direction.”
Honda leads one of the world’s top mass-market OEM production programs, and the partnership reflects the technical ambition of delivering a single SDV platform that supports advanced vehicle architectures and differentiated consumer experiences at global scale. Applied Intuition’s Vehicle OS software is designed to support Honda’s internal teams in their effort to speed up development and reduce costs during the company’s SDV transition. Applied Intuition will contribute its OS and software development expertise in working across all powertrains, including hybrid vehicles, while supporting Honda’s longstanding commitment to quality, safety and reliability.
“Honda is a world-class, technology-forward automaker, and together we are accelerating the development of a full-vehicle SDV platform,” said Qasar Younis, co-founder and CEO of Applied Intuition. “By bringing Silicon Valley software practices together with Honda’s engineering excellence, we’re enabling a centralized and upgradable vehicle platform that can scale to production.”
Applied Intuition’s work with Honda further demonstrates the company’s role as a trusted software partner for leading global automakers. With existing partnerships spanning major passenger vehicle regions — including Europe and the United States — Applied Intuition now works with automakers across all major global regions.
Together, Applied Intuition and Honda are establishing a collaboration built on shared engineering rigor, global teamwork and a common vision for how software will shape the next era of mobility.
About Applied Intuition
Applied Intuition is building the technology to make a billion machines intelligent. Founded in 2017, the Silicon Valley company powers physical AI in the automotive, defense, trucking, construction, mining and agriculture industries. Applied Intuition is based in Sunnyvale, California, with nearly two dozen offices around the world, including London, Munich, Tokyo, Seoul and the Washington, D.C., metro area. Learn more at applied.co, or email press@applied.co.
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5, Oct 2026
Nelnet Business Services Acquires International School Management Technology Provider, Entab
LINCOLN, Neb. and NEW DELHI, Oct. 6, 2026 /PRNewswire/ — Nelnet Business Services (NBS), a division of Nelnet, Inc. (NYSE: NNI), announced the acquisition of Entab Infotech Pvt. Ltd. (Entab), a leading provider of school administration, management, and learning technology software in India.
The acquisition marks an important step in the international expansion strategy of NBS, extending opportunities for its school management, tuition, and campus-technology offerings into India, one of the world’s largest K-12 education markets. Going forward, the business will operate as “Entab, a Nelnet company,” preserving the Entab brand, leadership, and customer relationships that schools across India rely on today.
“This acquisition represents an important milestone in our strategy to build a global platform that helps educational institutions operate more effectively and better serve students and families,” said DeeAnn Wenger, President of Nelnet Business Services. “Entab has established itself as one of India’s most trusted education technology providers, earning the confidence of more than 1,000 schools through innovation, customer commitment, and deep market expertise. Together, we have an opportunity to accelerate innovation, expand our impact, and deliver even greater value to the education communities we serve around the world.”
Founded and headquartered in New Delhi in 2000, Entab provides enterprise resource planning (ERP) and learning management systems (LMS) through its flagship CampusCare® platform, serving more than 1,000 schools and supporting over 1.5 million students in 28 states across India.
“Joining Nelnet Business Services significantly enhances our access to resources and expertise that will enable us to accelerate our product roadmap while continuing to serve our schools with the same team and commitment to service they experience today,” said Lawrence Zacharias, Entab CEO and co-founder.
Shaji Thomas, Entab co-founder added, “With the capabilities and scale of NBS supporting Entab, we look forward to delivering greater value to schools, teachers, students and parents, and expanding our reach across India.”
Both Zacharias and Thomas, along with Entab’s 290 associates, will remain with the company and maintain its existing offices in New Delhi to continue to serve customers without interruption.
“As we have gotten to know the Entab team, their customers, and their deep commitment to serving schools, we have seen firsthand the strength of their platform and the trust they have earned throughout the education community,” said Maheshwar Tiruchinapalli, Executive Vice President and General Manager of International Markets for Nelnet Business Services. “This combination represents more than an acquisition. It is the coming together of two organizations united by a shared mission to help schools thrive. Our integration strategy will be thoughtful and deliberate, ensuring continuity for customers and associates while creating a stronger, more innovative platform that can help define the next generation of school management solutions.”
Cyril Amarchand Mangaldas acted as India legal advisor and Baker McKenzie acted as International legal counsel for Nelnet. IndusInd Bank Ltd., India provided transaction banking and foreign exchange advisory services.
Moxie Capital Mumbai acted as financial advisor, PMA Associates provided project consulting, and Khaitan & Co. acted as legal advisor to the shareholders of Entab.
About Nelnet Business Services
Nelnet Business Services (NBS) is a division of Nelnet, Inc. (NYSE: NNI), which provides payment technology and community management solutions for K-12 schools, higher education institutions, and businesses in the U.S. and internationally. NBS serves more than 1,200 higher education institutions and nearly 12,000 K-12 schools worldwide.
About Nelnet
Nelnet is a diversified company with primary businesses in consumer lending, loan servicing, payments, and technology—all with a large customer emphasis in the education space. Headquartered in Lincoln, Neb., Nelnet has more than 5,700 associates. Learn more about Nelnet at www.nelnet.com.
About Entab
Founded in 2000, Entab provides ERP, learning management, and experiential learning solutions for India’s K-12 education sector. Its flagship CampusCare® platform integrates key school functions, including admissions, fee management, school operations, real-time tracking, and parent engagement within a unified digital ecosystem. Following the introduction of India’s National Education Policy (NEP) 2020, Entab expanded its offerings to include experiential learning solutions designed to support teaching and learning outcomes.
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5, Oct 2026
KSAT and Xoople Partner on Ground Network for Xoople Constellation
TROMSO, Norway and MADRID, Oct. 5, 2026 /PRNewswire/ — Kongsberg Satellite Services (KSAT) and Xoople have entered into a partnership under which Xoople has selected KSATlite, KSAT’s fully automated Ground Segment-as-a-Service, to support the deployment and operation of its pioneering constellation of satellites.

KSATlite was launched in 2016 to give satellite operators standardized, scalable access to the ground. Ten years on, it supports missions ranging from single satellites to large constellations with an average contact success rate above 99.8%. Xoople is building Earth’s System of Record™, a continuously updated representation of physical change across the planet.
By combining trusted Earth data, scalable cloud infrastructure and advanced AI, Xoople’s end-to-end system creates a foundation for organizations to understand, monitor and respond to change across the natural and built environment. The platform is designed to integrate seamlessly into government and enterprise systems, workflows and AI applications, transforming complex geospatial data into operational intelligence at global scale.
Through the partnership, Xoople will use the global KSATlite network, including new sites, to support the downlink of large volumes of Earth observation data and enable rapid delivery of information from space to users on the ground.
The collaboration will also drive the continued development of the KSATlite service. To support the requirements of Xoople’s program, KSAT is adding new ground station sites and developing two key capabilities together with Xoople: faster delivery of data from the ground station to the cloud, and new service endpoints that let operators further automate their own operations. These capabilities will become part of the standard KSATlite service and benefit future customers across the network.
“Through our collaboration, Xoople has challenged us with ambitious requirements that continue to drive the development of KSATlite, including faster data delivery and increased automation capabilities. Because KSATlite is a standardized service, these enhancements will strengthen the offering available to future customers across the network. We look forward to continuing the partnership as the program progresses,” says Marte Indregard, President and CEO of KSAT.
“Reliable, scalable access to Earth data is a critical part of building the infrastructure behind Earth’s System of Record. By working with KSAT and its global KSATlite network, we are strengthening the data supply chain that enables us to continuously capture, process and understand physical change on Earth. This partnership helps ensure we can support the scale, frequency and reliability required to deliver trusted intelligence into enterprise workflows and AI-driven decision-making,” says Fabrizio Pirondini, CEO of Xoople.
The partnership represents an important milestone for both organizations, bringing together Xoople’s ambition to build Earth’s System of Record ™with KSAT’s global ground segment expertise. Together, they are helping establish the infrastructure needed to transform Earth data into a trusted enterprise asset, powering operational intelligence, automation and AI-driven decision-making around the world. For KSAT, the partnership extends both the reach and the capabilities of the KSATlite network, strengthening its ability to support high-volume Earth observation missions in the years ahead.
About Xoople
Xoople is building Earth’s System of Record™ – the largest continuously updated source of daily physical-world ground truth for the AI era. Powered by a proprietary constellation with NASA-grade optical sensors and a fully integrated space-to-cloud network, Xoople generates 100x more data than the current gold standard. We transform calibrated global Earth measurements into structured, machine-readable, open tabular formats that integrate directly into AI agents, enterprise workflows and operational platforms. Designed in collaboration with users across industries, Xoople closes the physical-world knowledge gap that limits AI performance, enabling organizations to detect change, uncover predictive insight and make faster, more confident decisions at global scale.
About KSAT
Kongsberg Satellite Services (KSAT) is a global provider of ground network services, Earth observation services and government programs. Headquartered in Tromsø, Norway, and co-owned by Kongsberg Defence & Aerospace and Space Norway, KSAT operates the world’s largest commercial satellite ground station network, including sites in Svalbard and Antarctica, and delivers mission-critical infrastructure for government, civil and commercial space customers worldwide. Its fully automated Ground Segment-as-a-Service, KSATlite, supports everything from single small satellites to mega-constellations. Machine-to-machine interfaces, a customer portal and state-of-the-art anomaly detection help it maintain a contact success rate above 99.8%.
CONTACT: Mediacontact@ksat.no

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5, Oct 2026
Godrej Properties Marks 100th Home Handover at Godrej Nest with ‘Shubh Aarambh’; Actor Sanya Malhotra Surprises the Family
NOIDA, India, Oct. 5, 2026 /PRNewswire/ — Godrej Properties Limited (GPL) (BSE scrip ID: GODREJPROP), one of India’s leading real estate developers, celebrated its 100th home handover at Godrej Nest, Sector 150, Noida, through ‘Shubh Aarambh’, its signature home-handover initiative.

Godrej Properties has delivered over 3,000 homes in Delhi-NCR in the last 12 months, reinforcing the focus on execution and commitment to customers. Over the last few weeks, 120 families have received the keys to their new homes at Godrej Nest, a community built around convenience and well-being. In one of the most memorable moments of this Shubh Aarambh season, actor Sanya Malhotra surprised the 100th family as they entered their home at Godrej Nest.
Speaking on the occasion, actor Sanya Malhotra said, “There is something incredibly special about witnessing a family’s first moments in a new home. It’s a milestone filled with excitement, hope and the promise of new memories. What I particularly love about Godrej Nest is the idea that life doesn’t have to follow a fixed schedule. Movement and wellness have always been central to my life, which is why the philosophy of ‘Life, On Your Time’ resonates so strongly with me. It was wonderful to surprise the family today and be part of their Shubh Aarambh as they begin this exciting new chapter.”
For many families, homeownership represents years of aspiration, planning and dreams. Through Shubh Aarambh, Godrej Properties seeks to honour this milestone by transforming a routine possession process into a meaningful celebration that recognises the emotional significance of receiving the keys to one’s home.
Today’s lifestyles are increasingly dynamic. As work, wellness, leisure and family time extend beyond conventional schedules, the idea of home is evolving too. ‘Life, On Your Time’ is rooted in the belief that a home should adapt to the rhythm of its residents, rather than requiring residents to adapt to it. Godrej Nest has been envisioned around this shift, offering a curated mix of lifestyle and wellness amenities including a 24×7 gym, swimming pool, tennis and basketball courts, cricket facilities, indoor games and yoga and meditation spaces, alongside conveniences such as a 24×7 party lounge, e-library and medical support services. Together with Godrej Nest’s five-tier security framework, this ecosystem is designed to give residents not only access around the clock, but the confidence and freedom to use their community on their own terms.
Commenting on the occasion, Geetika Trehan, CEO – North Zone, Godrej Properties, said, “Homebuyers today are seeking more than a well-designed residence. They want communities that adapt to their changing routines and support different dimensions of their lives. Through the philosophy of ‘Life, On Your Time’, Godrej Nest brings together thoughtful planning, flexible access to lifestyle amenities, security and well-being, giving residents the freedom to truly live life on their own terms.”
She further added, “Every handover represents a promise fulfilled and, more importantly, a significant milestone in our customers’ lives. We remain firmly committed to delivering with consistency, quality and care, and to creating lasting joy for the families who place their trust in us.”
While receiving the keys, Mr. Sampath Kumar Bodhulla, Mrs. Charu Bodhulla homeowner, said, “Today was one of those days we’ll always remember. Getting the keys to our Godrej home was special enough, but meeting Sanya Malhotra was the kind of surprise that made it even more joyous and memorable. We can’t wait to move in, make the space our own, and start creating memories here with our family and friends.”
Godrej Nest is located in Sector 150, within one of Noida’s premium residential micro-markets along the Noida–Greater Noida Expressway. The micro-market’s low-density planning, green environment and connectivity have contributed to its growing residential appeal. The handovers at Godrej Nest mark another step in Godrej Properties’ focus on creating communities that respond to changing lifestyles and evolving expectations from urban homeownership.
About Godrej Properties Limited
At Godrej Properties, we are driven by a singular purpose: crafting joy. Over 100,000 families have found a home with us, making us India’s largest residential developer by both the value and volume of homes sold. As part of the Godrej Industries Group, we combine a 129-year legacy of trust and excellence with a forward-looking vision to shape the future of urban India.
Our approach is anchored in thoughtful design, sustainability, thriving communities, and uncompromising quality. As of December 2025, we were ranked the number one real estate company worldwide on both the Dow Jones Best-in-Class Sustainability Indices and the Global Real Estate Sustainability Benchmark.

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5, Oct 2026
Umia Raises $6 Million to Build the Onchain Formation Platform for Token-Native Projects, Joined by Galaxy Ventures, DCG and Draper Associates
Most tokens have no formal link to the business behind them: its IP, revenue and treasury usually sit in a separate entity. Umia places all three in one legal structure alongside the token, with treasury decisions made through onchain decision markets.
NEW YORK, Oct. 5, 2026 /PRNewswire/ — Umia (umia.finance), the onchain platform for launching, funding and governing projects, today announced it has raised $6 million through the auction of $UMIA, the first token launched through its own system. Ten funds and nearly 700 individual bidders took part in the seven-day sale, which ran on Base from August 26 to September 2 and opened with a three-day early round for vetted funds and zkTLS-verified community members. The public round then reached its cap seven minutes after opening on August 29, and the sale closed at more than 3x its $2 million minimum. Galaxy Ventures, DCG, Draper Associates, RenGen, Alpha EV, Maven 11 and Eon Capital were among the funds, all bidding on the same terms as every other participant, with no discounts.

“Serious teams have never had a way to launch a token that is actually tied to the project behind it, so we put our own token through our system first,” said Francesco Mosterts, Co-Founder of Umia. “The result is a framework we believe will change how projects are funded, launched and governed.”
Umia itself now operates under the same structure every project on the platform will use. Its IP, operating team and treasury sit within one legal wrapper, funds raised went into a non-custodial treasury rather than a team wallet, and board-level decisions go through decision markets.
Those decisions are made through futarchy: each proposal opens a conditional market per option, and participants trade on each option’s expected impact. The option the markets value highest is the one executed.
Umia’s first decision market went live on September 17, asking traders how to deploy $4.77 million of treasury USDC into lending protocols on Base. Three strategies competed against a do-nothing baseline, and the winning strategy, allocating to Aave and Steakhouse, has since been executed.
“Onchain capital formation typically means choosing between a fair mechanism and a credible structure,” said James Kibbie, Investor at Galaxy Ventures. “Umia’s auction mechanism pairs the two: a clearing process that treats funds and individuals identically, and a legal and treasury framework that gives the token a defined relationship with the project behind it.”
With the full stack now live, the first external projects are expected to launch through Umia in Q4 2026, subject to onboarding and legal review. Timelines are indicative and may change.
Umia is built by the team behind Chainbound, an Ethereum research and development lab with more than four years of experience designing core EVM infrastructure, including work with Flashbots and the Ethereum Foundation. Co-Founder and CEO Francesco Mosterts previously worked at Point72, and Co-Founder and CTO Nicolas Racchi previously built DeFi protocols and Ethereum infrastructure. The wider team also includes specialists in trading, governance, growth and operations.
About Umia
Umia is a full-stack platform for launching, funding and governing projects onchain. Each project launched through Umia operates within a single legal wrapper, with its intellectual property, operating team and treasury under one structure and board-level decisions delegated to onchain decision markets. $UMIA, Umia’s own token, was the first launched through the system. Umia is incubated by Chainbound. Learn more at umia.finance, docs.umia.finance and x.com/umia_finance.
Media contact:
Umia Media Relations
hello@umia.finance
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5, Oct 2026
NAHA PORT AUTHORITY, CRUISE PORT NAHA G.K., MSC CRUISES AND ROYAL CARIBBEAN GROUP BEGIN CONSTRUCTION OF NEW CRUISE TERMINAL AT NAHA PORT, OKINAWA
The new terminal will support the long-term development of tourism in Okinawa, strengthen regional connectivity, and enhance the guest experience.
NAHA, OKINAWA, Japan, Oct. 5, 2026 /PRNewswire/ — Naha Port Authority, Cruise Port Naha G.K., Royal Caribbean Group and MSC Cruises celebrated the groundbreaking of a new cruise terminal at Naha Port, marking a significant milestone in the continued growth of cruising in Japan and across the East Asia region.

Cruise Port Naha G.K. is a joint venture between CTL Maritime and RCL Cruises Ltd., representing the respective interests of MSC Cruises and Royal Caribbean Group. Under the Cruise Hub Formation Agreement concluded with the Naha Port Authority in August 2026, Cruise Port Naha G.K. will develop and operate the new terminal, with completion and the start of operations targeted for March 2028.
The new terminal will provide modern, purpose-built facilities designed to enhance the guest experience, improve operational efficiency, and support the long-term growth of cruise tourism in Okinawa.
As one of Japan’s most strategically located ports, Naha offers year-round accessibility and serves as an ideal gateway for cruise itineraries throughout the region. Once completed, the new terminal will provide enhanced passenger facilities, strengthening the port’s ability to accommodate some of the most advanced cruise ships in the world, thereby supporting increased passenger capacity and growing demand for cruise vacations in Asia.
“For Royal Caribbean Group, Japan is one of the most important cruise markets in Asia – not only as a destination, but as a long-term partner in our global business. We do not simply bring guests here, we also invest here and with Naha Okinawa, we are investing in infrastructure that will benefit the local community for years to come,” said Jason Liberty, chairman and CEO of Royal Caribbean Group. “The future of cruising in Japan is about shared ambition, collaboration, and responsible innovation, and we are honored to be a part of it.”
“Okinawa is uniquely positioned at the crossroads of some of Asia’s most exciting cruise destinations, and we see real potential for its future,” said Pierfrancesco Vago, Executive Chairman, MSC Group, Cruises Division. “This project forms part of our long-term vision to expand our presence in the region and create new opportunities for guests of MSC Cruises and Explora Journeys to enjoy Asia year-round. As we continue to develop our itineraries and invest in infrastructure, we are making cruising more accessible for both international and Asian travellers while strengthening connections across the region. We are proud to partner with Royal Caribbean Group and the Naha Port Authority in bringing this vision to life, and I thank all those whose commitment, collaboration and shared ambition have made today’s milestone possible. Together, we are investing not only in a port, but in the future growth of cruise tourism in Okinawa and across Asia.”
The project follows Naha Port’s designation by Japan’s Ministry of Land, Infrastructure, Transport and Tourism as an International Cruise Ship Hub Formation Port in 2019 and represents an important public-private collaboration to support the long-term development of tourism in Okinawa.
Today’s groundbreaking included a traditional Japanese ceremony at the future terminal site, marking the formal start of construction and bringing together several esteemed public officials for the event, including Okinawa Governor Genta Koja and representatives from the Cabinet Office of Japan, alongside representatives from Naha Port Authority, Cruise Port Naha G.K., MSC Cruises and Royal Caribbean Group.
About Royal Caribbean Group
Royal Caribbean Group is a leading global vacation company spanning cruise, one-of-a-kind destinations, and land-based vacation experiences. The company operates 71 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands – Royal Caribbean, Celebrity Cruises, and Silversea – and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.
The Group is expanding its portfolio of private destinations through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.
Named to the Fortune World’s Most Admired Companies 2026 list and to Forbes’ 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.
About MSC Cruises
Headquartered in Geneva, Switzerland, the privately-owned MSC Cruises is the world’s third largest cruise line and the market leader in Europe with a strong and growing presence in North America. A global cruise brand with 23 modern ships offering cruises across five continents, guests can visit more than 100 countries worldwide with more than 300 destinations, making unforgettable memories and enjoying the finest hospitality. For more information visit MSC Cruises.

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