• TechForce Robotics is expanding beyond hospitality into pharmaceutical, semiconductor and industrial automation markets.
• Recent developments include expanded manufacturing capabilities, pharmaceutical automation deployments and a potential program involving up to 5,000 robotic systems.
• Nightfood Holdings is also strengthening its leadership and governance structure as it works to scale TechForce’s robotics platform across multiple industries.

Nightfood Holdings (OTCQB: NGTF), doing business as TechForce Robotics, is broadening the commercial scope of its robotics platform as automation continues to gain traction across industries facing complex operational and labor challenges.

In its September 3 shareholder update, the company outlined a series of developments spanning advanced manufacturing, pharmaceutical automation, connected robotics and corporate governance. The updates illustrate a strategy that is moving TechForce beyond its original hospitality robotics focus and toward a broader enterprise automation platform.

That expansion is important because the company’s target markets have very different operational requirements.

TechForce is developing an AI-powered enterprise automation platform designed to connect robotic systems and support operations across pharmaceutical, semiconductor, industrial and other environments where automation can improve efficiency, consistency and resource utilization.

The company’s manufacturing strategy provides one example of how it is attempting to support that broader opportunity.

TechForce has a strategic supply and development agreement with Taiwan-based Jiun Jiang Enterprise Co., Ltd. Under the arrangement, the companies are evaluating up to approximately 100,000 square feet of additional manufacturing capacity across the United States and Taiwan.

Nightfood has also previously announced a nonbinding letter of intent to acquire a 51% controlling interest in JJ Enterprise through an all-stock transaction. If completed, the proposed transaction could further connect TechForce’s robotics business with additional manufacturing capabilities and capacity.

The pharmaceutical sector represents another avenue for the platform.

TechForce has advanced to Phase 2 of its joint development collaboration with Oncotelic Therapeutics, deploying its PUR E autonomous support robot at SAPU Bio’s OEB 5 sterile injectable cGMP facility.

The deployment follows the completion of Phase 1 objectives involving LIM-E, which was used to support materials logistics and internal transportation. Moving into a second phase gives TechForce an opportunity to continue developing its robotics technology within a highly controlled pharmaceutical manufacturing environment.

Beyond individual robotic systems, TechForce is also developing the connectivity layer intended to tie those machines together.

Its patent-pending Robotic Connective Network(TM) is designed to allow robotic fleets and connected devices to coordinate tasks across different systems. Rather than viewing each robot as a standalone piece of equipment, the technology is intended to create a broader software and connectivity layer around physical automation.

That becomes particularly relevant as the potential scale of deployments increases.

Through a letter of intent with Singapore-based NBR Intelligence Pte. Ltd., TechForce is evaluating a potential multi-site factory automation program with a planning target of up to 5,000 robotic systems.

The figure illustrates the potential scale of the opportunity, although it is important to distinguish potential deployment capacity from contracted business. Nightfood has emphasized that the quantities, pricing and schedule remain preliminary estimates and that the proposed program does not represent purchase orders, backlog or contracted revenue.

That distinction aside, the opportunity illustrates the type of larger-scale deployment that TechForce is positioning its platform to support as it expands into industrial automation.

At the same time, Nightfood is strengthening the corporate infrastructure behind the company’s expansion.

Nightfood has established an independent board majority and three standing committees, appointed Yury Pyatigorsky as chief financial officer and formed a six-member Industry Advisor Board with experience spanning business development, sales, operations and organizational leadership.

These developments come as TechForce works to expand on multiple fronts at once: developing robotic systems, building connectivity between machines, establishing additional manufacturing capacity and pursuing opportunities across several industries.

The broader strategy is therefore becoming less about deploying individual robots and more about building an integrated automation platform capable of operating across different environments.

For Nightfood Holdings, the next stage of the story will center on executing advancing development programs, converting potential opportunities into actual deployments and establishing the manufacturing and organizational infrastructure needed to support growth.

If TechForce can successfully scale those components together, the company’s addressable market could extend well beyond its original hospitality focus into pharmaceutical, semiconductor, industrial and other automation-intensive applications.

For more information, visit the company’s website at TechForceRobotics.com.

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF

Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising.

• The company has completed its 2026 field exploration program at the Cameron Rare Earth Element Project in British Columbia.
• The campaign generated 250 samples, comprising 50 rock-chip, 50 soil and 150 stream-sediment samples, all submitted to AGAT Laboratories for analysis.
• Assay results will help determine whether previously identified REE anomalies and geological observations warrant additional exploration.
• Cameron is part of a broader Powermax portfolio spanning Ontario and Wyoming, giving the company exposure to multiple North American REE districts.
• The company has also advanced exploration at Atikokan, Pinard, and Hopkins, broadening its pipeline of exploration targets during 2026.
• Powermax’s exploration activity comes as rare-earth supply chains remain geographically concentrated and governments in North America pursue greater domestic access to critical minerals.

Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF), a Canadian mineral exploration company, has completed its 2026 field exploration campaign at the Cameron Rare Earth Element Project in British Columbia, shifting attention from fieldwork to laboratory analysis as the company works to establish whether previously identified rare-earth anomalies merit further exploration.

The July-August program covered priority areas across the approximately 2,984-hectare project and produced 250 samples. The dataset includes 50 rock-chip samples, 50 soil samples and 150 stream-sediment samples. Powermax has submitted the samples to AGAT Laboratories in Calgary, with results expected after laboratory analysis and the company’s quality-control and quality-assurance procedures.

The assays will provide quantitative information that can be compared with earlier geochemical results and geological observations, potentially helping Powermax refine targets for subsequent work.

Cameron had already produced evidence that justified the expanded field program. Earlier 2026 work reported Total Rare Earth Oxide values in soil samples ranging from approximately 135 parts per million to 2,840 ppm, with an average of about 340 ppm TREO. Several samples exceeded 400 ppm. The latest campaign was designed to broaden that dataset and improve the geological interpretation of the property.

Field teams encountered gneissic and granodioritic rocks, quartzite, pegmatitic material and quartz-veined or contact-zone material. Quartz, feldspar, biotite and muscovite were among the minerals observed, while localized oxidation and iron staining were also recorded. Those observations are useful for geological mapping, but they are not equivalent to laboratory assays. Similarly, handheld radiometric measurements collected at selected locations serve as field-screening tools rather than direct measurements of REE concentrations.

Cameron’s exploration is one part of a broader portfolio strategy. Powermax currently identifies four principal REE projects: Atikokan and Pinard in Ontario, Cameron in British Columbia and Ogden Bear Lodge in Wyoming. The company holds options to acquire the Canadian properties and owns a 100% interest in Ogden Bear Lodge.

Atikokan represents the largest Canadian land position in the portfolio. The project covers approximately 9,416 hectares in northwestern Ontario. Earlier airborne magnetic and radiometric surveys identified multiple exploration targets associated with geological structures, granitic and pegmatitic rocks and radiometric anomalies.

Powermax has continued expanding its exploration pipeline in Ontario. In June, the company commenced airborne geophysical surveys and field programs at the Pinard and Hopkins properties, using magnetic, radiometric spectrometric and VLF-EM data to help identify geological structures and potential REE targets.

The company also owns the 184-hectare Ogden Bear Lodge property in Crook County, Wyoming. The 22-claim property sits within the Bear Lodge district and shares a border with Rare Element Resources’ Bear Lodge Critical Rare Earth Project. Powermax describes its property as prospective for neodymium-praseodymium oxide mineralization, although mineralization on neighboring properties does not establish the presence or grade of mineralization on Powermax’s ground.

The geographic spread gives Powermax exposure to two major North American mining jurisdictions while allowing exploration results from individual properties to inform the broader portfolio. It also places the company within a market increasingly shaped by supply-chain considerations.

Rare earth elements used in permanent magnets are particularly important to electric motors, wind turbines and other advanced technologies. McKinsey estimates that demand for magnetic REEs could rise from 59,000 tonnes in 2022 to 176,000 tonnes by 2035. Its analysis also found that the currently announced project pipeline could leave a potential shortfall of roughly 60,000 tonnes by 2035, although market outcomes will depend on new mine development, processing capacity, substitution and recycling.

Supply concentration remains another consideration. McKinsey reported that China accounted for more than 60% of mined REE supply and more than 80% of refined supply in 2023. Recent export restrictions on certain medium and heavy rare earths have added to efforts by other countries to develop more resilient supply chains.

For more information, visit the company’s website at www.PowermaxMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://ibn.fm/PWMXF

Exploration Target Cautionary Statement

The exploration targets discussed are conceptual, and there is currently not enough data to confirm a mineral resource. Further exploration may not yield successful results.

Disseminated on behalf of SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) and may include paid advertising.

• Recent tests conducted by SPARC AI matter because vision-dependent navigation is one of the most common alternatives to GPS currently in use.
• The company’s Overwatch platform enables a drone to send the sensor and telemetry data it generates to SPARC AI’s servers through an API.
• The vision-free approach also shapes how Overwatch fits into a drone’s existing setup.

Most technologies built to help drones navigate without GPS still lean heavily on cameras, matching what the aircraft sees against preloaded maps or terrain imagery. That approach can work in daylight and clear skies, but it tends to break down at night, when the air is filled with smoke or dust, over open water or across featureless desert and snow. Those are exactly the conditions where a GPS-denied backup is needed most, which makes the weakness a serious one. SPARC AI (CSE: SPAI) (OTCQB: SPAIF) just put that weakness to a direct test. The company covered a test drone’s camera lens completely, flew it through a structured flight pattern and had its Overwatch Positioning Network calculate accurate target coordinates using nothing but the aircraft’s existing flight telemetry. 

The test matters because vision-dependent navigation is one of the most common alternatives to GPS currently in use. Researchers have proposed methods that pair a drone’s monocular camera with its inertial sensors to detect GPS spoofing, an approach that can work in a controlled demonstration but depends on the camera having something usable to see. When visibility drops, so does the reliability of that method.

Modern conflict zones have made this limitation more than an academic concern. GPS jamming and spoofing have become routine tools in electronic warfare, and security researchers have documented cases where a drone’s video feed looks completely normal while its reported coordinates are entirely wrong. A navigation method that only works when the camera has a clear, matchable view is of limited use in the vital moments when jamming or spoofing is most likely to be happening.

This gap is what Overwatch is designed to close. A drone using the service sends the sensor and telemetry data it already generates to SPARC AI’s servers through an API, and the network calculates the aircraft’s position before sending back latitude, longitude and time in roughly a third of a second. According to the company, the service requires no new hardware, no new software installed on the aircraft and no modification to the airframe.

The September flight tests were designed specifically to confirm that this calculation does not secretly depend on the camera working. With the lens fully obscured for the entire flight, Overwatch’s API still returned accurate target coordinates computed from telemetry alone. SPARC AI says the results confirm a core design principle of the platform: The positioning calculation uses no image recognition software and no pre-loaded reference imagery of any kind.

That distinction carries a practical benefit beyond raw reliability. Because no imagery is ever captured, transmitted or processed by the Overwatch service, no visual data leaves the aircraft when the system is used in the field. Combined with a stateless design that does not retain customer telemetry or location data once a position has been returned, this simplifies the security review process for defense and government customers who are often wary of data exposure.

The vision-free approach also shapes how Overwatch fits into a drone’s existing setup. Because its only inputs are telemetry that virtually every commercial flight controller already produces and its output looks identical to a standard GPS fix, drone manufacturers can integrate the SPARC AI API without redesigning the aircraft or its autonomy software. 

The company has already built integrations with PX4 and ArduPilot, the autopilot systems that power a large share of the world’s fielded drones. Consequently, Overwatch can be deployed as a backup that activates only when GPS is degraded, blended continuously alongside existing sensors, or used as the primary position source in denied environments.

The blindfolded flight tests offer a concrete answer to a question that matters increasingly across defense, public safety and commercial drone operations alike: What happens when the systems a drone normally depends on stops working. By showing that Overwatch’s positioning holds up with no camera input at all, SPARC AI is making the case that resilience shouldn’t hinge on any single sensor working correctly. As GPS interference becomes more common rather than less, that kind of redundancy may end up mattering more than any individual feature. 

For more information, visit the company’s website at https://sparcai.co.

NOTE TO INVESTORS: The latest news and updates relating to SPAIF are available in the company’s newsroom at https://ibn.fm/SPAIF

Disseminated on behalf of SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) and may include paid advertising.

• Overwatch returns latitude, longitude, and time in roughly a third of a second with no additional hardware or software onboard the aircraft.
• Ukrainian drone manufacturers producing at a scale of millions of units have been invited to connect to the network as SPARC AI’s primary delivery model.
• Darren Wolfe, who grew a U.S. Department of State portfolio from approximately US$5–8 million to US$79 million in under three years, now leads the company’s federal and public safety sales effort.

GPS is a one-way broadcast. A receiver listens, and when the signal is jammed or spoofed it has no recourse. In contested airspace that failure is now routine, while conventional alternatives carry their own deployment burden: hardware, onboard compute, or software that must be installed, integrated, tested, and maintained on each individual aircraft. For an operator fielding a few dozen drones, that is a project. For a country producing millions, it is a wall. SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) is treating the problem as infrastructure rather than equipment.

On August 25, 2026, SPARC AI launched the Overwatch Positioning Network, a live service that gives drones their position when satellite navigation is jammed, spoofed, or unavailable. Two days later, the company granted restricted share units to Darren Wolfe, the executive charged with taking that service into the U.S. federal market.

Moving the Computation Off the Aircraft

Overwatch inverts where the work happens. The aircraft sends the telemetry it already generates to Overwatch over an API and receives latitude, longitude, and time in roughly a third of a second. No additional hardware or software is installed onboard. All processing runs in memory inside secure data centers, and no customer telemetry or location data is retained.

The returned data matches the basic output of a GPS fix, allowing Overwatch to complement the drone’s existing navigation system rather than replace it. The aircraft continues using whatever it was designed to use, whether GNSS, inertial, or visual, and requests a position from Overwatch when another source is needed. The API is the integration surface: a manufacturer connects telemetry to an endpoint rather than fitting another payload or proprietary software package to every airframe.

Behind that API sits a four-layer stack of terrain elevation models, telemetry models, machine-learned refinement, and proprietary solvers. The stack never leaves the data center, so the company’s intellectual property is never exported to customer aircraft.

Scaling in Data Centers, Not in Hangars

Conventional GPS-denied navigation repeats its deployment burden across every airframe, fleet, and new customer. Overwatch instead replicates across multiple geographic data-center regions, with compute scaling automatically as the number of connected aircraft grows. Adding a thousand drones means adding server capacity, not shipping and fitting a thousand kits. For governments that require it, a sovereign instance can run inside classified infrastructure. The commercial model follows suit: an annual fee per connected drone or a whole-of-government service fee.

Ukraine as Proving Ground

Ukraine manufactures drones at a scale of millions of units in a heavily contested electronic environment. SPARC AI has existing engagements with Ukrainian drone manufacturers and other stakeholders, and those parties have been invited to access the Overwatch network as the company’s primary delivery model. The next step is validation at operational volume, which SPARC AI believes will support expansion into other allied markets.

Company staff are also attending MSPO in Poland, the largest defense exhibition in Central and Eastern Europe, beginning September 8. Meetings are scheduled with several European drone OEMs, and further announcements concerning network expansion are expected from the event.

Building the U.S. Federal Channel

Darren Wolfe, Director Sales, Federal & Public Safety, is building SPARC AI’s pipeline across U.S. federal agencies and state and local public safety operators whose unmanned programs depend on positioning that survives jamming. He has more than 20 years of experience in federal defense, homeland security, and public safety sales.

At Noble, he grew the Department of State portfolio from approximately US$5–8 million to US$79 million in under three years and led captures including a US$90 million blanket purchase agreement alongside counter-UAS, border security, and unmanned systems awards. His background spans CBRNE, C5ISR, procurement, and export licensing. His 100,000 RSUs vests in four equal tranches from February 2027 through August 2029.

A Market That Repeats Itself

Every nation faces the same problem across agencies, from search and rescue and border patrol to critical infrastructure and joint operations. SPARC AI counts roughly 170 sovereign geographies and more than 20,000 agencies in that addressable base. The pathway is straightforward: validate in Ukraine, grow the network as OEMs connect, then monetize per drone and per sovereign instance.

The company has not yet published accuracy or error-radius figures, making performance at operational volume in Ukraine an important test. If that performance supports the architecture, Overwatch will have moved GPS-denied positioning off individual aircraft and into the network.

For more information, visit the company’s website at https://sparcai.co.

NOTE TO INVESTORS: The latest news and updates relating to SPAIF are available in the company’s newsroom at https://ibn.fm/SPAIF

• VERAXA has appointed Raju Willener as Chief Financial Officer, effective immediately.
• Willener brings more than 30 years of international experience spanning investment banking, corporate finance, asset management and capital markets.
• His appointment comes as VERAXA advances its proprietary BiTAC platform and a pipeline centered on antibody-drug conjugates and T-cell engagers.
• VERAXA has reported encouraging early data for its BiTAC technologies, including an in-vitro proof of concept for its BiTAC-ADC platform.

VERAXA Biotech (NASDAQ: VRXA), an emerging leader in designing novel cancer therapies, has appointed Raju Willener as chief financial officer, adding a finance executive with more than three decades of international capital-markets experience as the biotechnology company works to advance its oncology pipeline. The appointment is effective immediately. Willener will report to Chief Executive Officer and co-founder Christoph Antz, Ph.D. (https://ibn.fm/Eibml).

Willener’s career spans investment banking, corporate finance, asset management and strategic leadership across the United States, Europe and Asia. Before joining VERAXA, he served as director of corporate development at Exentis Group AG and became its CFO in 2025, where he was involved in financial strategy and M&A activities.

Earlier positions included senior responsibilities in corporate finance, capital markets and investment management, including oversight of portfolios exceeding CHF 30 billion in assets under management. He holds an MBA and a master’s degree in accounting and finance and is qualified in financial risk management.

“VERAXA has built a highly differentiated technology platform and a compelling oncology pipeline at an important stage of its development,” said Willener. “I am excited to join the company and work alongside [CEO] Christoph [Antz] and the leadership team to further strengthen VERAXA’s financial and capital markets strategy, support disciplined capital allocation and pursue strategic opportunities that can accelerate development of a differentiated pipeline and create sustainable long-term value for shareholders.”

The appointment comes at a point when VERAXA is attempting to turn its technology platform into a broader therapeutic pipeline. At the center of that strategy is BiTAC, short for Bi-targeted Tumor-Associated Cytotoxicity. The platform is designed around an “AND-gated” approach in which two complementary components must engage with the same cancer cell before the therapeutic mechanism becomes fully active.

For BiTAC-TCE candidates, VERAXA uses two antibody constructs directed at separate tumor-associated targets. Only when both components bind to the same cancer cell is the T-cell-binding function established. The intended result is greater selectivity between tumor tissue and healthy tissue.

The company is applying the concept to both T-cell engagers and antibody-drug conjugates, or ADCs. The approach matters because conventional ADCs and T-cell engagers can face challenges associated with activity outside the intended tumor environment. VERAXA’s development thesis is that conditional activation could potentially widen the therapeutic window, although that proposition ultimately must be established through increasingly rigorous preclinical and clinical testing.

The company has already reported early evidence supporting the concept. At the AACR 2026 Annual Meeting, VERAXA presented data from its most advanced BiTAC-TCE program. The company said the candidate attacked cells expressing both target molecules while sparing cells expressing only one target, with in-vivo results showing a safety profile that compared favorably with a conventional TCE while maintaining comparable efficacy.

In June, VERAXA added another data point when it reported an in-vitro proof of concept for its BiTAC-ADC platform. The company said its two-component approach demonstrated selective activity against breast-cancer cells while distinguishing them from healthy cells in laboratory testing, including dose-dependent killing of three-dimensional tumor spheroids.

VERAXA’s pipeline now extends beyond a single lead program. Its published portfolio includes BiTAC-TCE candidates targeting solid tumors and multiple-myeloma applications, bispecific ADC programs, BiTAC-ADC candidates and additional antibody-based therapeutics. Its VXA-901 monoclonal antibody program targets FLT3 in acute myeloid leukemia and has already generated Phase I clinical data.

The company has also been expanding intellectual-property protection. In July, VERAXA reported more than 50 granted owned or exclusively licensed patents across 14 countries and 26 patent families, with additional applications covering BiTAC-TCE and BiTAC-ADC technologies.

For more information, visit the company’s website at www.Veraxa.com.

NOTE TO INVESTORS: The latest news and updates relating to VRXA are available in the company’s newsroom at https://ibn.fm/VRXA

PAID ADVERTISEMENT. This article is a paid advertisement for BOXABL Inc. (Nasdaq: BXBL), distributed by NetworkNewsWire (“NNW”), a division of InvestorBrandNetwork (“IBN”). IBN has been compensated for advertising and digital media services related to BOXABL Inc. Readers should review the full disclaimer at the foot of this article before making any investment decision.

• BOXABL recently began trading on the Nasdaq, marking the latest stage in the company’s ongoing expansion of its factory-built housing platform.
• The company is applying advanced manufacturing, automation and AI to standardize home production and improve construction efficiency.
• BOXABL is directly addressing major issues of the large but troubled U.S. housing market, including persistent affordability challenges and an estimated multi-million-unit housing shortage.
• The company’s modular platform is designed to support single-family homes, multifamily developments, hotels, and mixed-use projects.
• While the small and highly affordable Casita is its initial product, the company is already developing larger housing units and modular configurations for broader residential and commercial applications.
• BOXABL’s business model plans to combine home production with complementary services including financing, insurance, and maintenance.

BOXABL (NASDAQ: BXBL), an innovative technology construction company addressing the U.S. and ultimately global housing crisis, has entered a new phase of its corporate development following its recent listing on the Nasdaq, providing public market investors with exposure to a company seeking to modernize residential construction through factory-built modular housing.

The Nasdaq listing comes as housing affordability and supply remain among the most significant long-term challenges facing the U.S. residential market. BOXABL is positioning its manufacturing platform around those foundational issues by moving much of the homebuilding process from construction sites into a controlled factory environment in ways intended to improve efficiency relative to traditional construction methods (https://ibn.fm/RHyqf).

BOXABL has developed a standardized construction system intended to improve production efficiency, cost predictability, and scalability. The company’s approach combines specialized engineering, manufacturing, and modular design, into a repeatable production process to cover a broad range of housing needs.

At the center of the platform is BOXABL’s folding building technology. Homes are manufactured in a compact configuration that can be transported using standard trailers before unfolding on-site into completed residential structures. The design is intended to simplify transportation logistics while allowing factory production to replace many of the labor-intensive steps associated with conventional construction.

The company’s initial and best-known product is the Casita, a fully finished modular home measuring approximately 361 square feet. Each unit includes a kitchen, bathroom and living space and is designed for rapid installation after delivery. BOXABL also plans to offer the Baby Box, a smaller RV-code unit intended for applications that require greater deployment flexibility. A potential start date for production of Baby Box has not yet been finalized.

However, management emphasizes that the company’s long-term strategy extends well beyond compact homes. The same modular construction platform is designed to support larger residences, with one-bedroom and two-bedroom layouts already available and additional larger base units under development. Individual modules can also be connected or stacked to create significantly larger structures.

That flexibility expands the potential range of applications beyond entry-level housing. BOXABL envisions its system supporting single-family homes, townhouses, multifamily residential developments, hotels, workforce housing and mixed-use commercial projects. By using standardized components across multiple building types, the company aims to create manufacturing efficiencies that are difficult to achieve through traditional site-built construction.

Production takes place at the company’s approximately 400,000-square-foot manufacturing facility in Las Vegas. BOXABL continues refining manufacturing processes and expanding production capabilities. Automation plays an increasingly important role within that strategy. The company is integrating robotics, artificial intelligence, and digital manufacturing tools into factory operations to optimize production efficiency and reduce defects. 

The market opportunity remains substantial. Company estimates place the total addressable U.S. housing market at approximately $2.2 trillion, based on an estimated need for more than 5 million additional homes. Persistent affordability challenges and years of underbuilding have contributed to a structural housing shortage that continues to plague many regions of the country.

Within that broader market, BOXABL initially targets the modular and manufactured housing segment, estimated to represent roughly $36 billion in annual opportunity. Management estimates that a factory, outfitted with up-to-date automated manufacturing processes and equipment operating at full capacity could produce approximately 5,000 homes annually, creating an initial serviceable obtainable market approaching $1 billion.

The company also believes its business model extends beyond manufacturing homes. In addition to home sales, BOXABL plans to generate recurring and higher-margin revenue through complementary services including financing, insurance, maintenance and related homeowner offerings. Management views those services as an important component of long-term customer relationships and overall business economics. These service lines are stated goals and not yet a meaningful part of reported revenue.

For more information, visit the company’s website at www.Boxabl.com.

NOTE TO INVESTORS: The latest news and updates relating to BXBL are available in the company’s newsroom at https://ibn.fm/BXBL

Cautionary Note Regarding the Business Combination and Capital Structure. BOXABL Inc. became a publicly traded company through a business combination with FG Merger II Corp., a special purpose acquisition company, completed in July 2026, with the shares beginning trading on the Nasdaq Stock Market under the symbol BXBL on July 20, 2026. Companies that become public through special purpose acquisition transactions may be subject to risks including share price volatility, dilution, limited operating history as a public company, and redemption-related capital reductions. In July 2026, the Company filed a universal mixed shelf registration statement that would permit it to offer up to $500,000,000 of securities over time; any such issuance would be dilutive to existing holders. References to capital raised since inception and to the number of investors are as disclosed by the Company. Readers should review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov, including its periodic reports, in full.

Cautionary Note Regarding Forward-Looking Statements. This publication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including projections of market opportunity and market share, estimates of customer adoption, projections of development and commercialization costs and timelines, expectations regarding the Company’s ability to execute its business model, the deployment of the Casita, the development and potential production of the Baby Box and of stackable and connectable modules, the pursuit of additional state regulatory approvals, expectations concerning relationships with customers, developers, strategic partners, suppliers, governments and regulatory bodies, and the potential for future projects. Such statements are generally identified by words such as “plan”, “project”, “will”, “estimate”, “intend”, “expect”, “believe”, “target”, “continue”, “could”, “may”, “might”, “possible”, “potential” or “predict”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause actual circumstances, events, or results to differ materially, including manufacturing, supply chain, permitting, regulatory, financing, dilution, listing, competitive and market risks, and other risks identified in the Company’s filings with the Securities and Exchange Commission. Do not place undue reliance on such statements. The forward-looking statements in this publication are made as of the date above and IBN undertakes no obligation to update them.

Full Disclaimer. NetworkNewsWire (“NNW”) is a division of InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company. IBN has been compensated for advertising and digital media services for BOXABL Inc. This publication is for informational purposes only and is not, and should not be construed as, a research report, investment advice, or a recommendation to buy or sell any security. The information contained herein is believed to be reliable but no guarantee can be made as to its accuracy or completeness. Neither IBN nor NNW is registered as an investment adviser or broker-dealer. Readers should review BOXABL Inc.’s filings with the U.S. Securities and Exchange Commission and consult with a licensed financial advisor before making any investment decision. Please see the full terms of use and disclaimers applicable to all content provided by IBN, wherever published or re-published, at https://IBN.fm/Disclaimer.

• The company reported continued growth of its SSi Mantra surgical robotic system, with installations reaching 238 as of September 8, 2026, with the installed base now spanning 12 countries, following recent launches in Colombia and Sri Lanka and further international expansion.
• The company said cumulative SSi Mantra procedures reached 14,103, a 79% increase from 7,885 at the end of 2025.
• Pediatric applications continue to expand, including a robotic kidney procedure performed on a 45-day-old infant in India using 5-millimeter instruments.
• SS Innovations reported 188 cumulative robotic telesurgeries as of August 31, alongside long-distance procedures connecting surgeons and patients across countries.
• The company expects FDA review of its 510(k) submission by the end of Q1 2027 and believes EU CE marking for SSi Mantra could be obtained by the end of 2026.

SS Innovations International (NASDAQ: SSII), a developer of innovative surgical robotic technologies, is reporting continued growth in the use of its SSi Mantra surgical robotic system, with the company’s installed base and procedure count increasing as it expands into new countries and surgical applications.

In an update issued September 10, the company said 238 SSi Mantra systems were installed as of September 8, up 42% from 168 at the end of 2025. Procedures performed with the system reached 14,103, representing a 79% increase from 7,885 at year-end. The company also said approximately 1,500 physicians have now been trained on SSi Mantra, which has been used in more than 170 different types of surgical procedures (https://ibn.fm/PESjb).

International expansion remains a central component of that growth. On July 29, SS Innovations said Dr. Sudhir Srivastava, its chairman and CEO, launched a robotic cardiac surgery program at La Fundación Cardiovascular de Colombia in Bucaramanga. The program included Colombia’s first Totally Endoscopic Beating-Heart Bypass Surgery performed using SSi Mantra.

Less than a month later, Kings Hospital Colombo installed the first SSi Mantra system in Sri Lanka. The company said the system subsequently supported the country’s first robotic-assisted cardiac surgery and more than 25 additional robotic procedures during its first three weeks of operation.

The Sri Lankan launch followed the company’s earlier expansion into other international markets and brought the global installed base to 12 countries. These deployments are significant for SS Innovations because regulatory approvals and clinical adoption outside its established Indian market are important steps in building a broader commercial footprint. The company is simultaneously pursuing U.S. Food and Drug Administration clearance and European regulatory certification.

SS Innovations expects the FDA to complete its review of the SSi Mantra 510(k) premarket notification by the end of the first quarter of 2027. The company believes it can obtain European Union CE marking by the end of 2026.

The latest update also highlighted the system’s use in pediatric surgery, where smaller anatomy places particular demands on surgical instruments and robotic control. On August 14, Dr. M. Ramalingam used SSi Mantra with 5-millimeter instrumentation to perform a robotic pyeloplasty on a 45-day-old infant at Hindusthan Hospital in Coimbatore, India. SS Innovations said the procedure was completed successfully and that the infant recovered rapidly. As of August 31, the company reported 258 pediatric robotic surgeries performed with SSi Mantra.

Telesurgery is another area where SS Innovations has accumulated a growing body of experience, although it remains an emerging application rather than the company’s primary commercial revenue driver. On July 29, a team led by Dr. Srivastava performed a robotic sleeve gastrectomy remotely between Colombia and India. The company said the procedure involved more than 13,600 miles, or approximately 22,000 kilometers, of fiber-network distance. The remote procedure connected Hospital Internacional de Colombia in Bucaramanga with Mohak Bariatrics and Robotics in Indore, India.

SS Innovations subsequently reported another telesurgery milestone in India. On August 9, surgeons at the company’s headquarters in Gurugram remotely performed three procedures on patients at Shalby Hospital in Ahmedabad, covering approximately 950 kilometers.

On September 5, SSi Mantra was used for what the company described as the first telesurgery within the Philippines, connecting Pampanga and Cotabato across approximately 1,710 kilometers.

As of August 31, the company said 188 robotic telesurgeries had been completed using SSi Mantra. The technology is also being tested at higher utilization levels. On August 15, a surgical team at Mohak Bariatrics and Robotics used five SSi Mantra systems to complete 50 robotic general-surgery procedures in one day.

SS Innovations has been building its installed base primarily around India, where it has had several years to train surgeons and expand procedure volumes. The company is now seeking to replicate that model internationally. 

“Our advanced, cost-effective SSi Mantra surgical robotic system is benefitting lives globally, one patient at a time, from a 45-day old baby needing kidney surgery in India to a cardiac patient in Sri Lanka,” said Dr. Srivastava. “Our progress in democratizing access to state-of-the-art surgical robotic care continues to be reflected in growing SSi Mantra installations, procedures and utilization.”

For more information, visit the company’s website at www.SSInnovations.com.

NOTE TO INVESTORS: The latest news and updates relating to SSII are available in the company’s newsroom at https://ibn.fm/SSII

• Forward Industries has released an open letter to shareholders of SkyAI, urging them to vote against SkyAI’s 2026 Equity Incentive Plan at SkyAI’s annual meeting.
• This follows the Board of SkyAI rejecting a proposal from Forward to acquire the company, which would have been an opportunity for shareholders to realize a 20% premium.
• In addition to highlighting this rejected opportunity for shareholders, the letter also mentions SkyAI’s mounting losses and underperformance relative to its peers.

Forward Industries (NASDAQ: FWDI), a Solana (SOL) treasury company, just released an open letter to shareholders of SkyAI outlining its concerns and announcing that it urges shareholders to vote against SkyAI’s 2026 Equity Incentive Plan and withhold on each of SkyAI’s five director nominees at SkyAI’s annual meeting of shareholders that’s scheduled for Sept. 18 (https://ibn.fm/DJora).

In the letter, Forward said it believes in the value opportunity at SkyAI and that a combination between the two could unlock value for the shareholders of both companies. It also outlined the proposal it submitted to acquire SkyAI in an all-stock transaction, which was a proposal that valued SkyAI at $1.55 per share, which was a 20% premium on its closing price prior to the proposal.

Ultimately, instead of engaging with Forward about the potential combination, the Board at SkyAI unanimously rejected the proposal. In addition to disagreeing with the decision then, Forward stated that SkyAI’s subsequent disclosures have only increased its concerns about the Board’s judgment.

Forward, which has assembled the largest Solana treasury, built a platform designed to compound SOL per share, and supports the continued growth of the SOL ecosystem, initially approached SkyAI because it believed that the combined scale, resources, and capabilities of the companies could create a stronger platform within the SOL ecosystem. It also believed that the move would unlock greater value for Forward and SkyAI shareholders.

At the upcoming annual meeting, SkyAI is asking shareholders to approve a new equity incentive plan that would dilute their ownership to provide additional equity compensation to the Board and management team that have failed to deliver commensurate value to shareholders in Forward’s view. SkyAI is also asking them to re-elect the same five directors who have overseen it during a period of significant value destruction.

Forward urges shareholders to vote “AGAINST” SkyAI’s 2026 Equity Incentive Plan, and vote “WITHHOLD” on each of SkyAI’s five director nominees.

It outlined the reasons for the request in the letter, which include the Board rejecting an opportunity for shareholders to realize a 20% premium, related-party payments that exceeded SkyAI’s entire market value, and SkyAI’s mounting losses and underperformance compared to peers.

Near the end of the letter, Forward asks SkyAI shareholders to participate in the meeting to have the opportunity to hold the Board accountable and make their opposition count.

This communication is being provided as an exempt solicitation pursuant to Rule 14a-2(b)(1) under the Securities Exchange Act of 1934, and Forward isn’t seeking authority to act as proxy for any SkyAI shareholder.

The information contained in the letter reflects Forward’s views as of the date hereof and is based on publicly available information, including disclosures made by SkyAI, that Forward believes to be reliable. Forward has not independently verified such information and does not represent that it is complete or accurate. 

About Forward Industries Inc. (NASDAQ: FWDI)

Forward Industries is building and managing a large-scale Solana (SOL) treasury and is backed by many of the most influential investors in the digital space. It aims to create long-term value through actively participating in the Solana ecosystem by deploying assets through on-chain opportunities like staking, lending, and participating in decentralized finance (“DeFi”). Forward is also the first U.S.-listed company to bring its stock onto the Solana blockchain.

For more information, visit the Forward Industries website at www.ForwardIndustries.com.

NOTE TO INVESTORS: The latest news and updates relating to FWDI are available in the company’s newsroom at https://ibn.fm/FWDI

• Energy is one of the sectors where the debt vs. equity decision has become especially pressing.
• As Market Street frames it, the tradeoff is straightforward in concept but consequential in practice.
• This is the kind of decision Market Street Capital’s platform is built to help energy founders work through.

For a growing number of middle-market energy founders, the hardest strategic decision is not what to build next but how to pay for it. Market Street Capital, a capital markets and financial advisory firm, works with established middle-market businesses navigating exactly this kind of decision. The company’s team members have spent more than two decades helping owners weigh whether debt, equity or some combination of the two best fits their growth plans.

Energy is one of the sectors where that decision has become especially pressing. Power demand tied to artificial intelligence, electrification and data center buildout is reshaping capital needs across the industry. According to PwC’s midyear 2026 outlook on U.S. energy deals, rising power demand and infrastructure access are now central to how energy assets are valued, with hyperscalers and industrial users driving investment across natural gas, liquified natural gas (“LNG”) and dedicated generation. In addition, deal value rose 80.5% year to date compared to the first half of 2025, a shift attributed to power becoming the binding constraint on new infrastructure development rather than capital itself.

For founders running established, cash-generating energy businesses, that demand creates real growth opportunity, but funding it raises the same fundamental question every growing company faces: debt or equity. As Market Street frames it, the tradeoff is straightforward in concept but consequential in practice. Debt generally preserves ownership and avoids dilution, but it creates fixed repayment obligations regardless of performance, along with covenants and collateral requirements that can constrain flexibility. Equity generally carries no scheduled repayment obligation and is intended to align investor returns with company performance. However, it also reduces a founder’s share of future profits and often introduces new governance dynamics, including board representation and investor input on major decisions.

The economics of that choice matter too. The after-tax cost of debt financing typically runs between 3 and 8%, while equity investors generally expect returns in the range of 15 to 25%, which may make debt less expensive than equity for companies with the cash flow to support it, depending on the borrower and market conditions. 

That said, access to debt is not always straightforward. Post-2008 regulatory changes pushed banks toward tighter lending standards, particularly for companies without investment-grade credit or substantial hard assets, a gap that has fueled rapid growth in private credit. Morgan Stanley estimates that the private credit market stood at roughly $2 trillion in 2020, grew to about $3 trillion entering 2025 and is projected to reach approximately $5 trillion by 2029, much of it aimed at middle-market borrowers that cannot access broadly syndicated loan markets.

That growth has expanded the toolkit available to energy founders well beyond a simple bank loan. Senior debt, unitranche facilities, mezzanine financing and asset-based lending each offer different pricing, covenant structures and risk profiles, and the right fit depends on the specific project or growth initiative being financed. Mezzanine debt sits between senior debt and equity, filling the gap between what a senior lender will provide and what a founder wants to contribute in equity. Unitranche facilities combine senior and subordinated debt into a single loan agreement with one blended rate, often simplifying and accelerating deal execution compared with a traditional multitranche structure.

Equity still has its place, particularly for founders pursuing genuinely transformational moves, entering a new market, funding a major platform acquisition or building out generation capacity that may not produce returns for several years. In those cases, patient equity capital from aligned investors can offer more flexibility than debt, which requires scheduled payments regardless of how quickly a new asset ramps up.

This is the kind of decision Market Street Capital’s platform is built to help energy founders work through. The firm’s debt capital markets and specialty lending practice seeks to connect clients with senior debt, unitranche and mezzanine structures, and asset-based lending through relationships with banks, private credit funds, insurance companies and specialty finance providers. For founders who determine equity is the better path, Market Street’s private equity raises practice works with clients to structure and execute customized raises and to introduce them to institutional investors, family offices and private equity sponsors. Any securities-related activity, including the placement of securities, is conducted through Pickwick Capital Partners, LLC, Member FINRA/SIPC. No financing or transaction outcome can be assured.

As power demand continues to reshape the energy sector’s capital needs, the founders best positioned to capture that growth may be those that treat the financing decision with the same rigor as the underlying business plan. That means matching each dollar raised to the cash flow profile and time horizon it is meant to support, rather than defaulting to whichever source of capital is easiest to access in the moment.

For more information about the company, visit www.MarketStreetCP.com.

NOTE TO INVESTORS: The latest news and updates relating to Market Street are available in the company’s newsroom at https://ibn.fm/MarketSt

Disclosures:

This article is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any such offer may be made only pursuant to definitive offering materials and applicable transaction documents.

Nothing in this article is tax, legal or accounting advice. Readers should consult their own advisers.

Market data and third-party information are from sources believed to be reliable but have not been independently verified. No representation is made as to accuracy or completeness. Statements about financing structures and transaction outcomes are general in nature; no financing or transaction outcome can be assured. Any investment in securities is illiquid and speculative and is subject to a risk of loss, including a risk of the total loss of principal. Market Street Capital and its associated persons may have conflicts of interest, including transaction-based compensation, in connection with the services described.

Broker-dealer services are provided by Pickwick Capital Partners, LLC, Member FINRA/SIPC.

PAID ADVERTISEMENT. This article is a paid advertisement for BOXABL Inc. (Nasdaq: BXBL), distributed by NetworkNewsWire (“NNW”), a division of InvestorBrandNetwork (“IBN”). IBN has been compensated for advertising and digital media services related to BOXABL Inc. Readers should review the full disclaimer at the foot of this article before making any investment decision.

• BOXABL has begun trading on Nasdaq under the ticker symbol BXBL.
• The move values BOXABL at approximately $3.5 billion, with approximately 350 million shares issued at $10 per share.
• The company has so far raised over $230 million from 50,000+ investors.
• BOXABL is pursuing a technology-driven approach to factory-built housing, emphasizing automation, standardized production, and scalable manufacturing.
• The company has produced more than 800 modular homes while expanding manufacturing capacity at its Las Vegas production facility.
• Management is expanding beyond its flagship Casita product with additional housing formats targeting residential, multifamily, and commercial applications.

BOXABL (NASDAQ: BXBL), an innovative technology construction company on a mission to solve the global housing crisis, is now trading on Nasdaq under the symbol BXBL. To date, BOXABL has raised over $230 million from more than 50,000 investors, indicating substantial public interest in its vision. 

The transaction represents a significant milestone for the company as it seeks to expand production of its factory-built housing platform while addressing growing demand for more affordable residential construction.

The Nasdaq listing represents the next stage in BOXABL’s evolution from a privately funded startup into a growing publicly traded manufacturing company, placing greater emphasis on the company’s ability to execute its production strategy at scale while operating under the financial transparency and performance expectations associated with public markets.

BOXABL aims to disrupt the traditional housing construction industry by delivering affordable, high-quality homes at an accelerated pace. The company has attracted attention through its approach to factory-built housing, which differs from traditional site-built residential construction. Rather than assembling homes at individual building sites, the company manufactures standardized housing units inside its Las Vegas production facility before transporting them in a folded configuration for installation at their final location.

Its flagship product, the Casita, is a 361-square-foot studio-style home equipped with a kitchen, bathroom and living area, designed to unfold on-site in under an hour. The unit is engineered to fold to highway-legal dimensions, allowing transportation without many of the specialized permits typically required for modular housing.

BOXABL is also broadening its product portfolio building upon its original Casita design. The company recently introduced the Baby Box, a smaller, 120-square-foot unit built to recreational vehicle standards that offers greater deployment flexibility in certain jurisdictions. Larger modular units remain under development and are intended to support townhomes, multifamily housing, hotels and mixed-use developments through stackable and connectable building designs.

Management believes factory production can reduce several inefficiencies associated with conventional construction, including weather delays, fragmented subcontractor coordination and inconsistent building schedules.

Unlike many traditional manufactured housing companies, BOXABL emphasizes automation and standardized manufacturing techniques similar to those used in advanced industrial production. The company’s manufacturing campus now encompasses approximately 400,000 square feet, serving as the primary proving ground for its automated production system.

According to BOXABL, the company has completed installations across multiple states, including Nevada, California, Utah, Oklahoma, South Carolina, Arizona and Texas. Management also reports that production efficiencies have contributed to a 43% reduction in manufacturing costs since 2022, supported by assembly-line improvements, automation initiatives and larger purchasing volumes.

Management believes additional automation and artificial intelligence can play an important role in improving factory efficiency, amid growing demand for affordable housing. The company has been incorporating AI and digital manufacturing technologies into production operations to optimize throughput, reduce defects and improve quality control, reflecting broader trends across advanced manufacturing sectors.

Management estimates the company’s total addressable market at approximately $2.2 trillion, citing persistent housing shortages, annual residential demand and continuing affordability pressures that have resulted in an approximately shortfall of 5 million homes throughout the United States. Industry studies continue to estimate that millions of additional housing units are needed nationally, while elevated construction costs have complicated efforts to increase supply using conventional building methods. BOXABL believes factory-built modular construction can help address part of that imbalance by reducing construction timelines and improving manufacturing consistency.

For more information, visit the company’s website at www.Boxabl.com.

NOTE TO INVESTORS: The latest news and updates relating to BXBL are available in the company’s newsroom at https://nnw.fm/BXBL https://ibn.fm/BXBL

Cautionary Note Regarding the Business Combination and Capital Structure. BOXABL Inc. became a publicly traded company through a business combination with FG Merger II Corp., a special purpose acquisition company, completed in July 2026, with the shares beginning trading on the Nasdaq Stock Market under the symbol BXBL on July 20, 2026. Companies that become public through special purpose acquisition transactions may be subject to risks including share price volatility, dilution, limited operating history as a public company, and redemption-related capital reductions. In July 2026 the Company filed a universal mixed shelf registration statement that would permit it to offer up to $500,000,000 of securities over time; any such issuance would be dilutive to existing holders. References to capital raised since inception and to the number of investors are as disclosed by the Company. Readers should review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov, including its periodic reports, in full.

Cautionary Note Regarding Forward-Looking Statements. This publication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including projections of market opportunity and market share, estimates of customer adoption, projections of development and commercialization costs and timelines, expectations regarding the Company’s ability to execute its business model, the deployment of the Casita, the development and potential production of the Baby Box and of stackable and connectable modules, the pursuit of additional state regulatory approvals, expectations concerning relationships with customers, developers, strategic partners, suppliers, governments and regulatory bodies, and the potential for future projects. Such statements are generally identified by words such as “plan”, “project”, “will”, “estimate”, “intend”, “expect”, “believe”, “target”, “continue”, “could”, “may”, “might”, “possible”, “potential” or “predict”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause actual circumstances, events, or results to differ materially, including manufacturing, supply chain, permitting, regulatory, financing, dilution, listing, competitive and market risks, and other risks identified in the Company’s filings with the Securities and Exchange Commission. Do not place undue reliance on such statements. The forward-looking statements in this publication are made as of the date above and IBN undertakes no obligation to update them.

Full Disclaimer. NetworkNewsWire (“NNW”) is a division of InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company. IBN has been compensated for advertising and digital media services for BOXABL Inc. This publication is for informational purposes only and is not, and should not be construed as, a research report, investment advice, or a recommendation to buy or sell any security. The information contained herein is believed to be reliable but no guarantee can be made as to its accuracy or completeness. Neither IBN nor NNW is registered as an investme