18, Aug 2026
NORDAC FUSION: combines motor and inverter into a compact high-performance unit
NORDAC FUSION – the compact drive solution with the decentralised NORDAC ON inverter for dynamic applications

With NORDAC FUSION, NORD DRIVESYSTEMS launches a powerful drive system that combines motor and inverter into a compact unit.
Aug 18: Thanks to the optimal electrical and mechanical adjustment of both components, NORDAC FUSION achieves high power density, while particular attention was given to keeping the installation space as small as possible. Users benefit from a ready-to-use system that operates reliably once connected. This eliminates extensive parameterisation or time-consuming selection of components. NORDAC FUSION is the answer for everyone, who looks for maximum drive power in a very small space – simple, quick and efficient.
For logistics projects with a high level of automation, this means: less engineering efforts per drive axle, faster commissioning and consistently high drive quality – from the first conveying point to the last transfer station. NORDAC FUSION’s decentralised design furthermore allows for direct mounting on the respective unit. Centralised control cabinets are thus no longer required and wiring efforts are considerably reduced.
NORDAC FUSION – Various combinations
NORDAC FUSION combines asynchronous motors (IE3) and permanent magnet synchronous motors (IE5+) in ventilated and unventilated versions with a decentralised NORDAC ON frequency inverter. The optimised motor/inverter combinations cover a power range from 0.31 to 3.7 kW. They feature consistent safety and communication properties, are suitable for worldwide use, and can be ideally complemented with a gear unit from the manufacturer’s modular product range.
The decentralised frequency inverters are characterised by their compact design, full plug-in capability and high reliability. Special features include the integrated PLC and their multi-protocol Ethernet interface. PROFINET, EtherNet/IP and EtherCAT can be easily set via parameters. Integrated safety functions enable safe operation of almost all motion sequences in automated production.
Advanced communication and safety functions
Apart from STO and SS1, the NORDAC ON series will also feature the motion monitoring function SLS, SMS or SSM for fail-safe control of the rotary movement. They can be integrated via PROFIsafe or FSoE into a fail-safe application within an existing Industrial Ethernet network. Stand-alone use is also possible. The safe digital inputs and outputs can be used to incorporate fail-safe peripheral components or functions. Emergency stop buttons, safety door switches, photoelectric sensors, etc. can thus be connected directly. Two safe single-channel digital inputs can be combined into one safe two-channel digital input, and two safe outputs can be combined into one safe two-channel output. The level of functional safety can thus be individually set with NORDAC FUSION as well.
Encoderless control in dynamic applications
Another advantage is the encoderless control of NORDAC FUSION with the manufacturer’s highly efficient IE5+ synchronous motors (PMSM). Using the CFC open-loop injection method, the motor’s rotor position and speed can be captured without additional sensors. With this, NORD offers a robust, streamlined and economical drive solution that is also suitable for dynamic applications.
Highly efficient IE5+ motor technology
NORD’s highly efficient IE5+ permanent magnet synchronous motors (PMSM) are characterised by a constantly high efficiency of up to 95% over a wide torque range. In partial load and partial speed ranges, they therefore achieve optimum energy consumption performance and allow for a reduction of variants for more streamlined production, logistics, warehousing and service processes.
Ideal for demanding environments
The NORDAC FUSION drive solution can be used up to a temperature of -30 °C. The combination of IE5+ synchronous motors and NORDAC ON PURE with NXD tupH® is, for example, suitable for wash-down applications in the food sector. Ethernet on board, hybrid cables and daisy chain technology enable efficient and hygienic topologies that are more streamlined and easier to clean than conventional decentralised wiring.
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- By Neel Achary
18, Aug 2026
Aitech Announces New U-C6850 SOSA-Aligned Rugged High-Speed Ethernet Switch/Router for Defense and Aerospace Systems
CHATSWORTH, Calif., Aug. 18, 2026 /PRNewswire/ — Aitech, a global leader in AI-powered rugged embedded computing and connectivity systems for defense and space applications, today announced the new U-C6850 10/40GbE Fully Managed Ethernet Switch/Router, a SOSA®-aligned, high-speed, flexible and secure Ethernet connectivity solution for military and aerospace systems.
As its first SOSA-aligned Ethernet Switch/Router, Aitech is expanding its portfolio of high-speed connectivity solutions for military and aerospace platforms to support a more modular, interoperable and future-ready approach to defense system design.
“The new SOSA-aligned U-C6850 Ethernet Switch provides the high-speed networking backbone needed to connect compute resources, sensors and communications systems while supporting the Modular Open Systems Approach (MOSA) architectures defense customers need,” said Alex Trigoub, product manager, Aitech. “By enabling seamless integration into open architectures, the U-C6850 helps customers modernize legacy platforms with advanced networking technology, accelerate technology insertion and reduce lifecycle risks associated with proprietary systems.”
The U-C6850 is based on an advanced and flexible Layer2/Layer3 (L2/L3) Ethernet switch and packet processor and offers up to 320 Gbps of total switching capacity, through configurations supporting up to 8x 40GbE or 32x 10GbE Ethernet interfaces, for data-intensive defense applications. By enabling high-speed data exchange across compute, sensors and communications networks, the new U-C6850 enables high-speed, low-latency video and data processing capabilities across modern sensor fusion architectures.
In addition to its networking performance, the U-C6850 supports SWaP-C optimization by delivering high bandwidth and port density with relatively low power consumption, helping defense contractors and system integrators maximize performance while minimizing size, weight, power and lifecycle costs.
The U-C6850 complements the M622 10/40GbE Ethernet Switch/Router on an XMC form factor, giving Aitech customers two available SWaP-C optimized high-speed connectivity form factors depending on the number of required Ethernet ports and the target system architecture: a fully managed Switch/Router on an XMC or a fully managed 3U SOSA-aligned board.
The new rugged Ethernet Switch/Router is designed for military and aerospace platforms that rely on fast, reliable movement of data across distributed mission systems and high-performance computing environments where bandwidth and low latency are crucial. Its SOSA-aligned architecture makes it particularly well suited for technology refresh and modernization initiatives where system integrators need to upgrade networking, sensor processing and mission computing capabilities within existing aircraft, ground vehicles, naval platforms while minimizing redesign efforts.
Key features include:
- Up to 320Gbps total switching capacity
- Configurations supporting 8x 40GbE or 32x10GbE Ethernet interfaces
- Advanced networking capabilities, supporting a full range of Layer2 (Switching) and Layer3 (Routing) standards and protocols
- Fast boot with all features enabled
- Integrated security features
- 3U VPX form factor, aligned with SOSA Technical Standard
- Low power consumption supporting SWaP-C optimization
- Rugged design optimized for military and aerospace systems
- IEEE 1558v2 Precision Time Protocol (PTP) support for accurate network time synchronization
Availability and Technical Details
The U-C6850 is now available for mission development. For more information, visit Aitech’s website.
About Aitech
Aitech Rugged Group, Inc. (“Aitech”) is the world’s first independent, open-systems COTS/MOTS innovator, offering rugged boards and subsystems that serve as the building blocks for integrated computing and networking solutions. With a portfolio of SOSA-aligned SBCs, high-performance AI-enabled GPGPUs and Ethernet switches, Aitech enables defense customers to build comprehensive, high-performance mission computing architectures from a single trusted supplier.
With more than 40 years of experience in aerospace, defense, and space, Aitech delivers mission-proven, customizable solutions across sea, land, air, and space domains. Customers include Airbus, BAE Systems, Boeing, Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries (IAI), Larsen & Toubro Limited (L&T), Leonardo, Lockheed Martin, NASA, Northrop Grumman, Rafael, and Virgin Galactic.
Aitech is committed to building a better tomorrow with reliable, cost-effective embedded systems engineered for the most demanding missions. For more information, visit www.aitechsystems.com.
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18, Aug 2026
Chandigarh University Student builds AI-Powered Startup ‘Fovea Infotech’; Crosses Rs 50 Lakh Turnover in Less Than a Year of Operations
Startup offering integrated software, AI automation, branding, & digital growth solutions to businesses
CHANDIGARH, India, Aug. 18, 2026 /PRNewswire/ — Turning his Startup idea conceived on Chandigarh University (CU) campus, CU alumnus Abubakar Akhlaq has founded an AI-powered tech company ‘Fovea Infotech’ which is helping businesses improve their efficiency and accelerate growth by offering integrated software, AI automation, branding, and digital growth solutions.
As a student of Computer Science Engineering (CSE) at Chandigarh University, Abubakar Akhlaq envisioned ‘Fovea Infotech’ in 2022 which has rapidly evolved into a full-service technology and digital transformation company serving businesses across multiple sectors, Fovea Infotech’s turnover has crossed Rs 50 lakh in sales in less than one year of its operations.
“The concept of Fovea Infotech was conceived by me during my engineering journey at Chandigarh University. While interacting with startups and local businesses, I realized that many companies struggled with outdated processes, disconnected systems and ineffective digital strategies. I saw an opportunity to bridge the gap between technology and business by offering integrated software, AI automation, branding, and digital growth solutions under one roof with Fovea Infotech,” Abubakar Akhlaq said.
“As a CSE student, I was always passionate about solving business challenges through technology and create real-world impact. I wanted to build solutions that help businesses automate operations, improve customer experiences, and grow faster. Instead of following a traditional career path, I chose entrepreneurship because I believed technology should simplify businesses rather than complicate them,” he added.
On his company’s Unique Selling Proposition (USP), Akhlaq said, “Fovea Infotech addresses the challenge of fragmented digital transformation. Many businesses work with multiple vendors for software, websites, apps, tech systems, marketing, automation, and branding, leading to inefficiencies and increased costs. Our goal is to provide an integrated ecosystem where businesses can access all their technology and digital growth solutions from one trusted partner. Fovea Infotech offers comprehensive technology and digital transformation services including Custom Software Development, Mobile Application Development, AI Automation & RAG-based AI Solutions, CRM & ERP Development, SaaS Product Development, Website Design and Development, Brand Strategy and Digital Branding, Performance Marketing, Social Media Management, Search Engine Optimization (SEO), Cloud & DevOps Solutions, Corporate Identity Design and Digital Transformation Consulting. We primarily serve startups, SMEs, hospitality businesses, healthcare, education, real estate, retail, and manufacturing industries.”
On his future goals, Fovea Infotech CEO and founder said, “Our vision is to become one of India’s leading AI-powered digital transformation companies by building scalable software products and intelligent automation solutions for businesses worldwide. We aim to expand internationally, launch our own SaaS products, strengthen AI capabilities, and help thousands of organizations embrace digital transformation. I founded Fovea Infotech in July 2025 and it’s client portfolio and service offerings have seen consistent growth ever since. We work with clients across various sectors including Real Estate, Hospitality, Healthcare Education, Manufacturing, Retail, Professional Services, Startups, SMEs and B2B tech Vendors. Our solutions are designed to meet the unique operational and digital transformation needs of each industry. In future, , Fovea Infotech will launch proprietary SaaS platforms and expand AI and automation products. Besides serving international clients across the Middle East, Europe, and North America, Fovea Infotech will build strategic technology partnerships, create employment opportunities for young technology professionals and invest in research and innovation in Artificial Intelligence.”
On Chandigarh University’s role in shaping his idea into a startup, Abubakar Akhlaq said, “During my academic journey, Chandigarh University provided valuable support through its innovation-driven environment, industry-oriented curriculum, experienced faculty, practical project opportunities, technical workshops, and entrepreneurial culture. The University’s focus on innovation and skill development gave me the confidence to transform ideas into practical business solutions and prepared me for building a technology company. Chandigarh University helped in developing my technical knowledge and entrepreneurial mindset with hand-on learning environment, interactions with industry leaders and encouragement to think beyond academics to pursue entrepreneurship and innovation.”
Advising aspiring student entrepreneurs at Chandigarh University, Abubakar Akhlaq said, “If you have an idea, don’t wait for the perfect opportunity to come, rather start with the resources you have today. For making impact, focus on solving real-world problems instead of following trends. Learn continuously, embrace failures as lessons, and build something that creates genuine value for people. Entrepreneurship is a journey of persistence, adaptability, and lifelong learning. Believe in your vision, stay consistent, and never stop innovating.”
Congratulating Abubakar Akhlaq on his entrepreneurial journey and extending best wishes for the success of his startup, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University said, “Chandigarh University’s promotes the culture of creating the jobs by nurturing entrepreneurship skills among students. The industry-collaborated and futuristic program of Chandigarh University are meticulously designed to equip students with the latest industry insights, practical skills, and hands-on experiences, ensuring they are well-prepared to tackle the challenges of the modern business landscape.”
“Chandigarh University encourages its students for innovating new technologies, CU students have created over 250 Start-Ups ever since its inception in 2012. As a Research-Intensive University, Chandigarh University remains focused on research and innovation by fostering an entrepreneurial ecosystem which encourages its students for innovating new technologies and unlock boundless opportunities for growth. Chandigarh University’s Technology Business Incubator (CU-TBI) is mobilising Rs 5 crore to catalyze growth in the startup ecosystem at CU. This initiative brings together key stakeholders from Chandigarh University and venture capital partners to empower innovative startups and foster entrepreneurship,” he added.
About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.
Website address: https://www.cuchd.in/
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18, Aug 2026
National Sports Awards 2025 Announced; 17 Sportspersons Named for Arjuna Awards
New Delhi, August 18: The Ministry of Youth Affairs and Sports on Tuesday announced the National Sports Awards 2025, recognising outstanding performances and contributions by sportspersons, coaches and organisations across various sporting disciplines.
The awards have been decided based on the recommendations of a selection committee headed by former Supreme Court judge Justice (Retd.) Arun Kumar Mishra. The committee included eminent sportspersons, sports journalists and sports administrators.
The National Sports Awards are presented annually to honour excellence in sports and encourage continued contribution to the development of Indian sport.
17 Sportspersons to Receive Arjuna Awards
A total of 17 sportspersons have been selected for the Arjuna Award for Outstanding Performance in Sports and Games 2025. The award recognises consistent performances over the previous four years, along with qualities of leadership, sportsmanship and discipline.
The awardees are:
- Tejaswin Shankar – Athletics
- Muhammed Ajmal V – Athletics
- Priyanka Goswami – Athletics
- Treesa Jolly – Badminton
- Pullela Gayatri Gopichand – Badminton
- Narender – Boxing
- Vidit Santosh Gujarathi – Chess
- Divya Jitendra Deshmukh – Chess
- Dhanush Srikanth – Deaf Shooting
- Lalremsiami – Hockey
- Rajkumar Pal – Hockey
- Surjeet – Kabaddi
- Pooja – Kabaddi
- Rudransh Khandelwal – Para-Shooting
- Ekta Bhyan – Para Athletics
- Arvind Singh – Rowing
- Akhil Sheoran – Shooting
Arjuna Award (Lifetime)
The Arjuna Award (Lifetime) has been announced for I Arumainayagam in recognition of his contribution to football.
The lifetime category is intended to honour sportspersons who have made significant contributions through their performances and continued to promote sports even after retiring from active competition.
Five Coaches Selected for Dronacharya Award
Five coaches have been selected for the Dronacharya Award for Outstanding Coaches in Sports and Games 2025.
In the regular category, the awardees are:
- Parveer Singh – Athletics
- Chhote Lal Yadav – Boxing
- Neha Nandkumar Chavan – Shooting
The lifetime category recognises:
- Dharmendra Singh Yadav – Boxing
- Virender Kumar – Wrestling
The Dronacharya Award recognises coaches for sustained and meritorious work that helps athletes achieve excellence at international competitions.
Army Paralympic Node Gets Rashtriya Khel Protsahan Puraskar
The Army Paralympic Node, Pune has been selected for the Rashtriya Khel Protsahan Puraskar 2025.
The award is presented to corporate entities, both public and private, as well as non-governmental organisations that have played a significant role in promoting and developing sports.
Large Number of Applications Received
The Ministry said applications for the National Sports Awards were invited through an online portal, allowing sportspersons, coaches and eligible entities to apply themselves.
A large number of applications were received this year. These were examined by the selection committee headed by Justice (Retd.) Arun Kumar Mishra, along with members drawn from the sporting fraternity, sports journalism and sports administration.
The awards are aimed at recognising sporting excellence while encouraging athletes, coaches and organisations to make continued contributions towards strengthening India’s sporting ecosystem.
18, Aug 2026
Zomato launches PackSwitch, a guide to help restaurants find sustainable packaging for every dish

Aug 18: Zomato, India’s food ordering and delivery platform, announced the launch of PackSwitch, an interactive website to help restaurants and other interested users find the right sustainable packaging for each item on their menu. The platform offers information on alternative packaging materials, their functionality, business viability, and environmental impact in three simple steps: find your dish, view relevant sustainable packaging material, browse information of relevant suppliers. The launch event was graced and addressed by Prashanth Prakash, Founding Partner, Accel India.
Packaging accounts for a significant share of global plastics production, and food delivery is one of its fastest-growing use cases. While awareness of sustainable alternatives has grown, restaurants are often left navigating a fragmented, hard-to-verify market, weighing performance, cost, availability, and end-of-life disposal with little credible guidance. PackSwitch is designed to bridge that gap by providing restaurants with an accessible informational resource to speed up adoption of sustainable food delivery packaging.
PackSwitch provides:
- Practical information on sustainable packaging materials
- Packaging recommendations tailored to different food categories
- Information regarding a network of 100+ verified suppliers across India
Speaking at the launch, Prashanth Prakash, Founding Partner, Accel India noted “The responsibility of protecting our cities from plastic pollution rests with each and every one of us. Sustainable food delivery packaging adoption by restaurants often stalls at good intentions because knowledge, awareness and products are not aligned. With Zomato‘s PackSwitch initiative, restaurants now have a tool that simplifies decision-making around sustainable packaging. I hope to see more restaurants use PackSwitch to transition away from plastic packaging paving the way for greener cities.”
Anjali Ravi Kumar, Chief Sustainability Officer, Eternal Limited, shared “Sustainability is embedded in how we do business across Eternal companies. Over the last two years, we’ve invested in building consumer awareness through Zomato‘s Plastic-Free Future program which awards restaurants a ‘low plastic packaging tag’ on the app to recognize them for moving away from plastic to pack main dishes. PackSwitch focuses on building restaurant awareness through dish-led sustainable packaging information. Now the question – what sustainable material can I pack biriyani in? becomes a much easier one for restaurants to answer and find solutions for.”
The launch builds on Zomato‘s ongoing efforts to encourage restaurants to adopt sustainable food delivery packaging. Its Plastic-Free Future Packathon, run in collaboration with Startup India, DPIIT, has spotlighted innovators building plastic-free packaging alternatives to restaurants. The Plastic-Free Future Program has recognized more than 10,000 restaurants across 500+ cities for using alternatives to plastic packaging for their main menu items. As of March 31, 2026, restaurants part of the program have collectively delivered over 100 million ‘low plastic packaging’ orders. PackSwitch aims at widespread adoption of sustainable food delivery packaging by restaurants across the country.
To mark the launch, Zomato brought together restaurant partners, packaging manufacturers, sustainability practitioners, and investors for an immersive exhibition on the future of food delivery packaging. Curated by Shashwat Das and Jyoti Shrestha, the centerpiece exhibit set out eight sustainable materials and a range of coatings used in the category. Through exhibits and expert-led discussions, attendees explored how these materials perform in delivery operations, their commercial feasibility, and their environmental trade-offs.
As part of the supplier directory made available on PackSwitch, restaurants and other interested users may also explore the sustainable packaging solutions provided by Hyperpure, Eternal’s B2B supply platform serving 100,000+ restaurant outlets across India.
Restaurants already using lower-plastic packaging can be identified through the ‘low plastic packaging‘ tag on the Zomato app and discovered using the filter of the same name, making it easier for customers to support businesses adopting more sustainable packaging practices.
18, Aug 2026
Funskool India Ltd. Acquires License to Manufacture and Distribute Spin Master’s PAW Patrol Collectible Toys in India
New Delhi, Aug 18: Funskool India Ltd., India’s domestic toy manufacturer has made a landmark move by acquiring the license to manufacture and distribute the popular Paw Patrol Merchandise “Collectible Toys” across Mom-and-Pop Stores and Online Platforms.

Funskool has obtained the license from Spin Master, the Canadian multinational toy and entertainment company headquartered in Toronto to launch the PAW Patrol collectible toys in India.
Commenting on the partnership, K. A. Shabir, CEO of Fuskool India, commented:
“Our collaboration with Spin Master reflects Funskool’s continued commitment to bringing globally loved brands and characters to children and families across India. With our strong distribution network and deep understanding of the Indian toy market, we look forward to making PAW Patrol collectibles more accessible to young fans across the country and creating opportunities for imaginative play.”
The association marks another step in Funskool’s strategy of expanding its licensed portfolio with well-known global entertainment properties. The addition of PAW Patrol strengthens Funskool’s portfolio of character-led products, offering families new ways to engage with the much-loved franchise.
The merchandise will be available through mom-and-pop stores and major e-commerce platforms, combining Funskool’s extensive offline presence with the convenience of online shopping.
With the latest addition, Funskool continues to create new avenues for globally recognised franchises to find a place in the everyday play and collecting experiences of Indian families.
18, Aug 2026
Blockchain.com Admitted to Nigeria SEC’s Accelerated Regulatory Incubation Programme
Admission advances Blockchain.com’s engagement with Nigerian regulators and reinforces the Company’s broader commitment to operating within clear regulatory frameworks globally
LAGOS, Nigeria, Aug. 18, 2026 /PRNewswire/ — Blockchain.com has been admitted into the Nigerian Securities and Exchange Commission’s (SEC) Accelerated Regulatory Incubation Programme (ARIP), marking an important step in the Company’s long-term commitment to Nigeria and its broader expansion across Africa.
Nigeria is a key market for digital assets in Africa, with growing adoption increasingly playing a practical role in how people access, hold, and move value. Blockchain.com’s admission into ARIP means the Company has satisfied the SEC’s initial requirements to participate in the programme and is authorized to operate within its defined sandbox scope, subject to the Commission’s ongoing compliance obligations, testing parameters, and regulatory conditions.
Through ARIP, Blockchain.com will work directly with the SEC as the Commission evaluates digital asset business models, tests appropriate safeguards, and develops its long-term regulatory framework for the market.
“Nigeria is one of Africa’s most important digital asset markets and participating in the SEC’s ARIP is an important step forward in our long-term commitment to the country,” said Owen Odia, General Manager for Africa at Blockchain.com. “The programme gives us the opportunity to work directly with the SEC in a controlled environment, bring our global experience to the Nigerian market, and help support a framework that protects consumers while enabling responsible innovation. We appreciate the SEC’s proactive approach and look forward to contributing to a safe, transparent, and well-regulated digital asset ecosystem.”
Blockchain.com’s participation in ARIP forms part of a broader global strategy to engage constructively with regulators and operate within established regulatory frameworks. Over the past year, Blockchain.com has secured several major regulatory approvals, including registration with the UK Financial Conduct Authority (FCA), authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework, and a Virtual Asset Service Provider (VASP) licence from the Cayman Islands Monetary Authority (CIMA).
Participation in ARIP provides Blockchain.com with a structured pathway to responsibly expand its presence in Nigeria, a priority market within the Company’s broader Africa strategy.
Established by Nigeria’s SEC, ARIP is a regulatory incubation framework for Virtual Asset Service Providers (VASPs) and fintech innovators, designed to help the Commission assess emerging digital asset models, operational risks, and appropriate investor protection and anti-money laundering standards.
Blockchain.com looks forward to participating in ARIP and working alongside Nigerian regulators to support Nigeria as it continues to develop its digital asset regulatory framework.
About Blockchain.com
Blockchain.com is connecting the world to the future of finance. The most trusted and fastest-growing global crypto company helps millions safely access cryptocurrency. Since its inception in 2011, Blockchain.com has supported over 94 million wallets, 44 million confirmed accounts, and more than $1.1 trillion in crypto transactions. Operating in more than 70 jurisdictions, Blockchain.com offers secure self-custody, institutional services, and a growing product suite aligned with global regulation and privacy standards.
Media Contact:
Press@blockchain.com
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18, Aug 2026
Vantage Expands Pre-IPO CFD Offering with Unitree Robotics as Interest in Frontier AI Grows
PORT VILA, Vanuatu, Aug. 18, 2026 /PRNewswire/ — Vantage Markets expanded its Pre-IPO CFD offering with the launch of its Unitree Pre-IPO CFD for eligible clients, available from 10 August 2026 under the symbol UNITREEUSD. The launch provides eligible clients with exposure to movements in the applicable reference price of Unitree Robotics, a company operating in the fields of embodied artificial intelligence (AI) and robotics.
The Unitree Pre-IPO CFD is a leveraged derivative product that provides eligible clients with exposure to movements in its applicable reference price, as determined in accordance with Vantage’s applicable pricing methodology and trading terms. It does not provide ownership of Unitree shares, participation in or entitlement to the Unitree IPO or any IPO allocation, voting rights, dividends or other shareholder benefits. Availability is subject to jurisdictional restrictions, client eligibility and applicable trading conditions.
The launch extends Vantage’s existing range of Pre-IPO CFDs linked to OpenAI and Anthropic, reflecting increasing interest in companies operating at the forefront of artificial intelligence and emerging technology.
“As innovation increasingly happens before companies reach public exchanges, investors are paying closer attention to opportunities that sit outside traditional listed markets,” said Marc Despallieres, Chief Executive Officer of Vantage Markets. “The growing interest surrounding companies such as Unitree demonstrates how investor demand is evolving beyond established technology names towards frontier AI and robotics.”
The situation reflects a broader shift across global capital markets. As high-growth technology companies remain private for longer and increasingly choose domestic listing venues, market participants are paying greater attention to businesses shaping the future of artificial intelligence before they become publicly listed.
Some trading platforms have introduced derivative products linked to selected private companies, allowing eligible clients to trade CFDs based on movements in applicable reference prices. Such products do not provide ownership of the underlying companies or participation in their IPOs.
Against this backdrop, Unitree’s IPO represents more than a milestone for a single robotics company. It also illustrates how significant technology innovations can emerge before they become readily accessible through conventional investment channels.
Unitree began book-building on 5 August, with online and offline subscriptions opening on 10 August ahead of settlement on 12 August. The company priced its IPO at RMB150.80 per share, implying a valuation of approximately RMB61 billion at the offering price.
For mainland investors, participation proved highly competitive. At the final offer price of RMB150.80 per share, a standard 500-share subscription lot represented a nominal value of RMB75,400. The offering was more than 8,000 times oversubscribed by retail investors, resulting in a final retail allocation rate of approximately 0.018%.
For investors outside mainland China, direct participation is subject to China’s regulatory framework and applicable investor eligibility requirements. Because Unitree’s IPO is taking place on Shanghai’s STAR Market, offshore retail investors generally cannot subscribe to a mainland STAR Market IPO directly through a conventional overseas brokerage account. For much of the international retail investing community, this makes direct participation in one of the year’s most closely watched AI listings difficult to access.
By expanding its pre-IPO CFD offering to include Unitree alongside OpenAI and Anthropic, Vantage continues to broaden its range of CFD products linked to companies operating in emerging technology sectors. As AI and robotics continue to develop, these companies are attracting increasing attention across global markets.
For further information about Vantage’s Unitree Pre-IPO CFD and applicable trading conditions, visit Vantage Markets.
About Vantage
Vantage Markets is a multi-asset CFD broker offering access to Gold, Forex, Commodities, Indices, Shares, ETFs, and Bonds. With over 17 years of experience, Vantage provides a reliable trading platform, an award-winning mobile app, and a user-friendly trading experience.
Risk Warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trading CFDs may not be suitable for all investors. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. The Unitree Pre-IPO CFD does not provide ownership of Unitree shares, participation in or entitlement to the Unitree IPO or any IPO allocation. Vantage is not affiliated with, sponsored by, endorsed by, or otherwise associated with Unitree Robotics, OpenAI or Anthropic. The names and trademarks of these companies are used for identification purposes only. Availability of products and services described in this release is subject to jurisdictional restrictions and may not be available to residents of certain countries or regions.
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18, Aug 2026
ByteLens Turns Operator Data Into Compounding Knowledge
Accelerating every operator’s journey to autonomous operations, inside their own network.
AMSTERDAM, Aug. 18, 2026 /PRNewswire/ — ByteLens today launched its AI-native operational intelligence product for telecom operators. It warns of faults before customers are affected, pinpoints the cause across vendors and domains in seconds, and repairs fault types the operator has approved. Human judgment stays where it is needed.
Fragmented data with no intelligence inside is the industry’s most imminent problem. Operators are not short of data. They have become short of knowledge that lasts. An incident is solved once, and the knowledge quite often leaves with the engineers.
Prevention is the point. ByteLens learns the patterns that precede an outage, fixes the cause, and keeps the record: the reasoning, the fix, the engineer’s correction. The next similar fault starts there, not from zero.
It runs on open telemetry standards operators already produce, alongside existing monitoring. No new agents. No re-architecture. No second copy. ByteLens spans the operator’s data estate, enriching it with every fault resolved.
ByteLens replaces the dashboard, not the engineer. It shapes what it knows to each persona inside the operator and answers in conversation. Ask a question, get an answer, not a screen.
“Autonomous operations arrive when the network handles what it has already learned to handle, and the engineer sees only what needs a human,” said Anil Jain, Co-Founder and Chief Executive Officer, ByteLens.
“Expertise stops living in individual heads and becomes something the operator owns,” said Yogesh Malik, Co-Founder and Chief Product Officer, ByteLens.
“ByteLens is addressing one of the industry’s most important operational challenges,” said Ruza Sabanovic, Executive Director, CP Group. “I wish them every success.”
“Networks are rich in data but lack actionable insight,” said Jai Prakash, a career telecom CTO. “AI has to be built into how the network runs, not added later.”
ByteLens arrives full. Deep telecom intelligence meets the operator’s own data estate. The two compound into an advantage no competitor can copy. Autonomy follows one resolved fault at a time, running with live network data at four tier-1 operators.
What the network learns, the operator keeps.
About ByteLens
ByteLens is an AI-native operational intelligence product with cross-domain root-cause correlation for telecom operators. Founded in Amsterdam by Yogesh Malik and Anil Jain, with three decades in the industry, and engineers in Europe, India and the US. www.bytelens.ai
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18, Aug 2026
Atom Group Acquires Amaltas Partners, Secures DFSA Approval For Dubai DIFC Entry Amidst Deepening India–UAE Financial Ties

Dubai, UAE/ Aug 18: Atom Group, a diversified financial services conglomerate spanning wealth management, insurance advisory and investment banking across India, the UAE and Singapore, today announced it has received formal approval from the Dubai Financial Services Authority (DFSA) for a change in control of Amaltas Partners Limited, a DIFC-regulated firm. The approval gives Atom Group a direct presence within the Dubai International Financial Centre (DIFC) and marks a landmark step in its international expansion.
Under the transaction, Atom Privé Global Holdings becomes the controlling entity of Amaltas Partners, bringing the firm under the Atom Group umbrella as a DIFC-based platform. The DFSA’s clearance followed a rigorous review, underscoring the strength of Atom Group’s governance, ownership and compliance framework.
A Strategic Gateway Through DIFC
DIFC remains the pre-eminent financial centre linking the Middle East, Africa and South Asia with global capital markets, offering a common-law legal framework and deep institutional infrastructure. For Atom Group, a foothold here is a natural extension of its multi-jurisdictional strategy across Dubai, India and Singapore.
“DIFC represents the gold standard for financial services oversight and infrastructure in this part of the world. Establishing our presence here is not just a milestone for Atom Group; it’s a statement of intent,” said Harsha Vardhana, Founder and Group CEO, Atom Group. “This approval lets us serve clients with greater institutional credibility and reinforces Dubai’s role as the bridge between Indian wealth, Gulf capital and global markets.”
Leadership Transition at Amaltas Partners
Naveen Rastogi, current Global CIO, Multi-Family Office, Atom, has been appointed CEO and Group CIO of the newly acquired entity. He will lead Amaltas’ integration into the Atom ecosystem while continuing to oversee investment strategy and advisory for global families.
“Amaltas has built a high-quality, client-centric franchise within DIFC, with deep relationships across entrepreneurs, professionals, and family offices,” said Rastogi. “Our focus now is on ensuring continuity and stability for existing clients, while progressively bringing the full breadth of Atom Group’s capabilities to bear, from multi-family office and risk advisory to investment banking and cross-border solutions.”
Pradeep Chandra, outgoing CEO and owner of Amaltas Partners, will step away from day-to-day leadership following completion of the transaction.
“When we founded Amaltas, the vision was a focused, DIFC-based advisory platform built around client interests and governance,” said Chandra. “Joining Atom Group is a natural next chapter — one that brings scale and breadth while staying true to the values we built the firm on.”
Strengthening the India–UAE Financial Corridor
The India–UAE relationship has accelerated in recent years, anchored by the Comprehensive Economic Partnership Agreement (CEPA), with bilateral trade now crossing USD 100 billion. A growing number of Indian entrepreneurs, family offices and high-net-worth individuals are choosing Dubai as a base for global wealth structuring and cross-border expansion.
With a base in DIFC alongside its established India operations and Singapore holding structure, Atom Group is positioned to offer seamless, compliant and well-governed advisory solutions to families and businesses moving capital, wealth and ambition between these markets.
“India and the UAE are no longer just trade partners. They’re becoming deeply intertwined financial ecosystems,” Harsha added. “Our DIFC presence lets us walk alongside Indian families as they globalize their wealth, while giving international clients a trusted gateway into India’s growth story. This is about building the financial corridor of the future between two of the world’s most dynamic economies.”