Golden Bake Pushes Biscuit Automation Further with Smart Ingredient Handling at the 140th Canton Fair

From storage and dosing to baking, Golden Bake's automatic silo and material-feeding system aims to lower costs, raise productivity and support ESG goals.

ZHUHAI, China, Oct. 28, 2026 /PRNewswire/ -- Golden Bake, the flagship baking equipment division of EVERGROWING MACHINERY COMPANY LIMITED, brought its biscuit machines and moulds to the 140th Canton Fair. A 3D model, however, offered a fuller picture of its approach to factory automation. It showed how intelligent silos, automated dosing and conveying systems could work alongside mixing, forming, and baking as one production line.

Much of the work starts before the dough reaches the mixer. Flour needs to arrive in the right quantity and at the right time; a delay here can hold up everything downstream. To address this situation, Golden Bake's automated ingredient handling system is designed to keep production stages running in step.

"Biscuit manufacturers focus on three things: safe operations, product quality, and productivity," said Golden Bake's marketing manager at the fair. "We wanted to show how smart ingredient handling and line-wide controls can cut flour dust exposure and weighing errors at the source, while keeping production moving."

Flour Dust is the First Problem

Before flour reaches a mixer, it must be unpacked, sifted, moved, and stored. Increased exposure to airborne dust and contamination results from manual tipping. The US Occupational Safety and Health Administration (OSHA) states that flour is a flammable dust that, in some circumstances, could cause an explosion.

Golden Bake's feeding station combines bag emptying, 30-mesh sifting, and dual-suction, negative-pressure dust extraction. Up to 50kg of flour per minute can be fed and screened through a pulse-cleaned cartridge separator with food-grade anti-static filter media and a rotary valve at the hopper base.

The pneumatic conveying system then transports flour in sealed pipes to storage, including between floors. The powder handling system and the electrical system are designed in compliance with the explosion-proof requirements of GB 50058-2014 and AQ 3009-2007. In a 1,000 kg buffer hopper, dust is controlled by gravity separation and filtration, with intermittent agitation at the bottom to avoid bridging and blockages.

Three Minutes Weighing and ±200 Grams Error

Precision ingredient dosing is not merely about hitting a target weight. The real challenge is keeping small dosing variations from becoming larger process inconsistencies.

A Golden Bake food technologist explained, "With mixed-flour recipes, even a small shift in the ratio can change water absorption, dough strength, and forming performance. In high-volume production, that quickly shows up in biscuit thickness and texture."

That concern is increasingly reflected in bakery investment priorities. According to Baking Business, 59% of respondents to a 2025â26 industrial bakery capital spending survey cited improvements in quality, consistency, and precision among their key investment objectives for 2026.

Golden Bake's automatic dosing system is controlled by a PLC and an HMI touchscreen for ingredient feeding, weighing, and discharge. The 1,000 kg automatic weighing hopper can be fed with different flours separately, by vacuum feeding and pneumatically sealed discharge, to feed horizontal, vertical, or other mixers.

The weighing cycle for a two-flour recipe is about 3 minutes. The tested tolerance is ±200 grams. The system supports recipes and weighing data recording, which helps with product changeovers and reduces the impact of operator turnover.

Cut the Cost of Waiting

Even accurately weighed flour does little good if the mixer is waiting for powdered sugar. And when mixing stalls, the rest of the production line can follow.

Golden Bake's integrated bakery production line is designed to close those gaps. The PLC-controlled scheduling allows sugar to be milled and weighed online and additives to be metered to recipe. Separate temperature-controlled modules pump oils, water and other liquids into the mixer in parallel. This means less waiting for ingredients and a steadier supply of dough to form and bake.

Setups can be adapted to the product, ingredients, and biscuit machine involved. A cookies production line, for example, puts more emphasis on the order in which sugar, fat, and flour enter the process. A cracker production line may require staged mixing and fermentation.

Retrofit, or Build From Scratch

Baking Business also revealed that, among the surveyed bakery enterprises, 32% are focusing on upgrades and retrofitting, while 22% plan to add new equipment or production lines by 2026.

Golden Bake's modular feeding system can be configured for integration with existing biscuit lines, depending on the plant layout and existing equipment. Furthermore, to support clients in establishing new facilities or expanding production areas, Golden Bake offers turnkey biscuit factory solutionsâcovering everything from facility planning and equipment layout to manufacturing, installation, and on-site commissioning.

Alongside the multifunction cookies machine and cream puff production line shown at the fair, its range includes the biscuit sandwich machine, biscuit creaming machine, and wafer stick machine.

As more biscuit makers invest in automation and digital controls, Golden Bake is expanding its global service network and using its engineering experience to help customers improve overall equipment effectiveness (OEE) and extend the useful life of production assets.

About Golden Bake

Golden Bake was founded in 1999 by a team of machine engineers and food processing technologists. As a biscuit production line manufacturer, the company offers equipment for producing various types of biscuitsâincluding cookies, soda crackers, Marie biscuits, and sandwich biscuitsâalong with customized, fully integrated production systems covering ingredient preparation, forming, baking, cooling, and downstream automation.

With its own R&D center and manufacturing facilities, Golden Bake has installed over 3,500 production lines across more than 30 countries and regions. The company has established long-term strategic partnerships with several leading overseas food enterprises.

Media Contact:

EVERGROWING MACHINERY COMPANY LIMITED

Email: [email protected]

Website: https://www.foodsmachine.net/ 

SOURCE EVERGROWING MACHINERY COMPANY LIMITED

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Acquisition adds commercially deployed sensor systems, proprietary mission software and European manufacturing capabilities, supporting growth across commercial, infrastructure and defence markets

MIRABEL, Québec, Oct. 28, 2026 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSX: FLT | OTCQX: TAKOF | Frankfurt: ABB.F) (“Volatus” or the “Company”), a Canadian-headquartered global aerospace and defence company, today announced the completion of its previously announced acquisition of AISPECO UAB (“AISPECO”), a Lithuania-based developer and manufacturer of modular airborne sensor systems and proprietary flight-management software.

The acquisition brings ownership of sensor integration platforms, onboard electronics and mission software into Volatus’ existing aircraft operations, manufacturing capabilities and international customer network. This combination positions the Company to expand technology sales, deliver higher-value aerial intelligence services and develop additional solutions for commercial, infrastructure, defence and security customers.

AISPECO has an established commercial business serving applications including utility inspection, forestry, surveying, mapping and infrastructure monitoring. Its sales activity also includes systems intended for defence-related and border-surveillance applications. Volatus intends to build on this foundation by combining AISPECO’s technology with its aviation operations and pursuing broader opportunities in government and allied markets.

“This acquisition brings us closer to delivering a complete, end-to-end aerial intelligence ecosystem,” said Glen Lynch, CEO of Volatus. “By integrating AISPECO’s proprietary sensors and software with our aircraft platforms and operational capabilities, we can accelerate innovation, strengthen our technology base and deliver more comprehensive solutions to defence, industrial and commercial customers worldwide.”

AISPECO’s portfolio includes its HELIUX modular sensor pods, FOCUS AI-guided gimbal, CORE electronics and ROBINCOP flight-management software. These technologies complement Volatus’ existing capabilities and support applications ranging from intelligence, surveillance and reconnaissance (ISR) to infrastructure inspection, energy, utilities, surveying and geospatial intelligence.

The acquisition also adds an engineering and manufacturing base in Lithuania, a NATO and European Union member country. This presence complements Volatus’ Canadian manufacturing operations and supports further growth in European and allied markets, alongside opportunities for technology integration and development in Canada.

Transaction Details

In connection with the acquisition, Volatus will pay US$3.0 million in cash and issue 17,434,193 common shares at a deemed price of C$0.5813 per share, reflecting customary working capital adjustments. The Company will also grant 1,859,804 restricted share units as part of the acquisition consideration. Additional contingent consideration of up to US$2.5 million may be payable in cash or common shares, at Volatus’ option, upon achievement of specified financial, commercial and product-development milestones over three years.

About AISPECO

AISPECO is a Vilnius, Lithuania-based developer of aerial survey payload systems and flight management technology. Its HELIUX platform and ROBINCOP software enable the integration of multiple sensor technologies across a range of aircraft platforms, supporting applications including LiDAR mapping, utility inspection, pipeline surveillance, forestry, city mapping, transport infrastructure and other aerial data acquisition activities.

About Volatus Aerospace

Volatus Aerospace is a Canadian-headquartered global aerospace and defence company delivering intelligence and cargo solutions through piloted and remotely piloted aircraft systems. With operations, training programs and strategic partnerships spanning multiple continents, Volatus supports government, defence and commercial customers worldwide. The Company leverages advanced technologies, remote operations expertise and aviation experience to solve complex operational challenges in demanding environments.

Forward-Looking Information

This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities, events, developments and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “seeks”, “strategy” or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the business plans, business outlook and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors.

Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSX. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The Toronto Stock Exchange accepts no responsibility for the adequacy or accuracy of this news release.

For additional information, please contact:

Volatus Aerospace Inc. 

Abhinav Singhvi, Chief Financial Officer 

+1-833-865-2887 

investorrelations@volatusaerospace.com 

https://volatusaerospace.com

New NIR calibration platform for SpectraStar⢠XT analyzers reviews every calibration against ASTM and ISO recommendations as the user works, builds a comparison calibration automatically, and teaches with built-in lessons. A 30-day free trial of UCAL 5 Pro is available today.

WESTBOROUGH, Mass., Oct. 28, 2026 /PRNewswire/ -- KPM Analytics today announced UCAL 5, a near-infrared (NIR) calibration customization platform for SpectraStar XT Series analyzers. Its patent-pending guided workflow lets users start from KPM calibration libraries with spectra, add their own samples, and publish a calibration for their own products in four steps. As they work, UCAL Insight⢠reviews the data, calibration, and validation results using recommendations from ASTM E1655 and ISO 12099 for developing and validating NIR calibrations. It highlights items the user may want to check before publishing the calibration.

UCAL 5 comes in three editions: Lite, currently included with new SpectraStar XT analyzers, which provides guided calibration development with the essential methods and tools; Pro for the analyst who builds and maintains calibrations; and Enterprise for teams that share projects on a company server.

A reviewer, a builder, and a coach inside the platform

In practice, a user imports spectra and laboratory values, builds the calibration in the Workbench, and sees UCAL Insight's marks on the screen as each step is completed. With UCAL Autopilot switched on, the software builds its own calibration alongside the user's from the same data, and the two appear side by side with the settings that differ. The lessons open from inside the software whenever they are needed.

UCAL Insight is the reviewer. At each step it checks whether there are enough samples, how well the laboratory values cover the required range, and whether new samples confirm the calibration. Each point is marked green, yellow, or red with an explanation of what it means and what to check. They are suggestions, not rules: the user always decides.

UCAL Autopilot⢠is the builder. It tries several methods, presents the best, and lists every setting that differs from the user's choices. After validation, the user compares the two calibrations property by property and decides which to publish.

Built-in lessons are the coach. Fifteen lessons inside the software explain what a calibration is, how it is judged, and why calibrations go wrong, then walk through the real UCAL 5 screens, from adding spectra to publishing a validated calibration. A separate introduction helps experienced UCAL 4 users move over. No previous calibration experience is needed.

"Most calibrations do not fail because the math is wrong. They fail because the samples did not cover the range, or because nobody checked the calibration against new samples before it went on the instrument," said Yuegang Zhao, President of KPM Lab Solutions and Chief Commercial Officer at KPM Analytics. "UCAL 5 puts those checks in front of the user at every step, in the language of the standards the industry already trusts."

Start from a proven KPM calibration

The KPM Analytics Web Store offers over 250 calibrations built and maintained by KPM's application laboratories for food, feed, and agricultural products, from alfalfa hay and canola meal to cheddar cheese. They are sold by the property measured, such as moisture or protein, or in one of 15 ready-made bundles. A calibration is ready to use: it loads directly onto a SpectraStar XT analyzer, for one instrument or as a single file for a full fleet. Optionally, the same calibration can be bought as a calibration library with its spectra. The library opens in UCAL 5, where users add their own samples and keep the calibration current for their own products. The result is published as the user's own calibration and loaded onto one analyzer or the whole fleet, like any KPM calibration.

"Our calibration library represents many years of application work with food, feed, and agricultural products," said Zhao. "UCAL 5 is how a customer takes one of those calibrations and makes it their own."

Four steps from data to a published calibration

UCAL 5 works in four steps: collect the data; clean the data and build the calibration in the Workbench; validate it against samples it has not seen; and combine and publish the final calibration. Every adjustment is saved apart from the original files, so any decision can be reversed. Users can try different settings on the same data, compare all results in one table, and publish the best result for each property as a single calibration file. Projects can be reopened and updated as crops, suppliers, and processes change. Through KPMLink® cloud-based management software, a finished calibration can be loaded onto every connected SpectraStar XT analyzer in the organization.

Editions for individual users and laboratory teams

UCAL 5 Lite provides guided calibration development: the lessons, UCAL Insight, UCAL Autopilot, and four calibration methods, with up to 500 samples per calibration from the user's own files and no limit from KPM library files. It is currently included with new SpectraStar XT analyzers, available at an introductory price to other SpectraStar XT owners, and upgrades to Pro with a license key.

UCAL 5 Pro gives one analyst the full toolset: 18 calibration methods, including Modified PLS and three neural networks; advanced tools for sample selection and instrument standardization; and no limit on samples, so laboratories can build from years of historical data.

UCAL 5 Enterprise brings Pro to large teams. It installs on a company server, is used through a web browser, and is licensed per user, so data stays on the organization's network. Each project can be private or shared.

UCAL 5 opens UCAL 4 files directly, and calibrations already on SpectraStar XT analyzers give the same results, so UCAL 4 users move their work without losing anything; they can upgrade to UCAL 5 Pro at a discount. Pro and Enterprise licenses include yearly maintenance for new versions. All editions are available in 11 languages.

Availability

A 30-day free trial of UCAL 5 Pro, Lite licenses, and calibrations are available today for current SpectraStar XT Series Analyzer users at https://store.kpmanalytics.com/join. Pro and Enterprise licenses are available now from KPM Analytics and its authorized distributors. See UCAL 5 in action at https://www.kpmanalytics.com/lp/ucal-5 or contact [email protected].

About KPM Analytics

KPM Analytics is a global leader in scientific instrumentation, providing analytical and vision inspection solutions to laboratories and industrial operators in the food, feed, agriculture, industrial, and environmental sectors. KPM products have a long history of helping companies secure product quality, optimize production processes, and make confident, data-driven decisions through reliable solutions, supported by dedicated application expertise and local service. Visit https://www.kpmanalytics.com to learn more.

Media contacts:

Andy Dambeck

Product Marketing Manager

+1 774-399-0477

SOURCE KPM Analytics

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NexBank Partners with MaxMyInterest to Expand Customer Relationships Nationwide

Max members can apply for new NexBank high-yield money market accounts in as little as 2 minutes.

DALLAS and PORTSMOUTH, N.H., Oct. 28, 2026 /PRNewswire/ -- NexBank, the banking subsidiary of NexBank Capital, Inc. and the largest privately held bank based in Texas, today announced its partnership with MaxMyInterest (Max), an intelligent cash management service for individual investors and financial advisors.

Through this partnership, consumers nationwide can now open the NexBank MaxMyInterest Money Market Account, a high-yield account available exclusively through Max. The account offers competitive rates and a streamlined application process.

Max helps depositors seamlessly distribute their cash balances across multiple bank accounts to earn more on their deposits by earning highly competitive yields while simultaneously benefiting from greater aggregate FDIC insurance coverage, one-click funds transfers, and consolidated tax reporting. Deposits at NexBank are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

"We are proud to partner with NexBank to help expand its reach to all 50 states," said Rachel Bourne, Head of Bank Partnerships at Max. "Together with NexBank, we can help clients earn competitive rates while keeping their deposits safely within the FDIC insurance limits in their own bank accounts."

To find information about the NexBank MaxMyInterest Money Market Account, contact your financial advisor or visit MaxMyInterest.com.

About NexBank

NexBank is the largest privately held bank based in Texas with assets of $14 billion and a charter that dates to 1922. NexBank provides institutional banking, commercial banking, mortgage banking, and personal banking services to meet the needs of its clients, which include institutional clients, financial institutions, corporations, and consumers nationwide. NexBank is a subsidiary of NexBank Capital, Inc., a financial holding company. 

www.NexBank.com

Member FDIC | Equal Housing Lender

About Max

Max, a service of Six Trees Capital LLC, offers intelligent cash management solutions for individual investors and their financial advisors, enabling clients to earn competitive yields on their cash. Max's patented technology helps customers reallocate funds among their checking and high-yield savings accounts to earn the highest yield while keeping their funds safe in their own FDIC-insured partner bank accounts. Banking services are provided by participating FDIC-insured banks, including NexBank. For more information, visit MaxMyInterest.com, MaxForAdvisors.com, or MaxForBanks.com.

SOURCE NexBank; MaxMyInterest

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MILWAUKEE, Oct. 28, 2026 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today announced the election of Lidia Fonseca, former Executive Vice President and Chief Digital and Technology Officer at Pfizer, to its Board of Directors, effective November 1, 2026.

"Lidia brings a rare combination of technology leadership, business transformation experience and a clear understanding of how AI can create value at scale," said Jonas Prising, ManpowerGroup Chair & CEO. "Her strategic perspective, operational expertise and track record of leading change strengthen our ability to evolve the business and advance our transformation strategy. We are pleased to welcome her to our Board."

Fonseca served as Chief Digital and Technology Officer and Executive Vice President of Pfizer from January 2019 to April 2026, leading the company's enterprise AI, digital, data and technology strategy, as well as Learning & Development, and Business Process Excellence. She built Pfizer's enterprise AI program from inception, and scaled it across the enterprise, contributing to significant growth and cost savings. She currently serves as Senior Advisor to Pfizer's Chief Executive Officer and serves on the Board of Directors of Medtronic plc.

Previously, Fonseca spent a decade in diagnostics as Senior Vice President and Chief Information Officer of Quest Diagnostics and, earlier, of LabCorp. She began her career in operations and executive leadership roles at Philips Healthcare. Fonseca holds a bachelor's degree from the University of California, Berkeley, and an MBA and a Master of Business Informatics from Rotterdam School of Management at Erasmus University.

ABOUT MANPOWERGROUP

ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands â Manpower, Experis, and Talent Solutions â creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time; all confirming our position as the brand of choice for in-demand talent.

For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.

SOURCE ManpowerGroup

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DELRAY BEACH, Fla., Oct. 28, 2026 /PRNewswire/ -- According to MarketsandMarketsâ¢, the Risk Analytics Market is projected to grow from USD 35.68 billion in 2026 to USD 54.69 billion by 2031, at a CAGR of 8.9% during the forecast period.

Browse 350 market data Tables and 75 Figures spread through 420 Pages and in-depth TOC on 'Risk Analytics Market - Global Forecast to 2031'

Risk Analytics Market Size & Forecast:

- Market Size Available for Years: 2021â2031

- 2025 Market Size: USD 31.61 billion

- 2026 Market Size: USD 35.68 billion

- 2031 Projected Market Size: USD 54.69 billion

- CAGR (2026â2031): 8.9%

Risk Analytics Market Trends & Insights:

- The market is driven by increasing adoption of predictive analytics, artificial intelligence, machine learning, quantitative risk modeling, fraud detection, stress testing, and integrated risk management platforms across banking, insurance, capital markets, and other industries.

- Software is estimated to account for 37.2% of the Risk Analytics Market in 2026.

- The technology risk segment is expected to register the fastest growth of 11.4% CAGR between 2026 and 2031.

- The healthcare & life sciences segment is expected to be the fastest-growing segment across the forecast period.

- North America is estimated to account for the largest regional share of 37.01% in 2026.

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The expansion of the Risk Analytics Market is influenced by various factors, including the growing frequency and complexity of global risks, the increasing demand for efficient decision-making tools in companies, and technological advancements like artificial intelligence (AI) and machine learning (ML). Organizations across sectors such as finance, healthcare, and manufacturing are using risk analytics to anticipate potential disruptions and ensure regulatory compliance. The growing reliance on big data, combined with the rise in IoT devices, has expanded the volume of data available for analysis, enabling more precise risk evaluations. Moreover, rising cyber threats, coupled with demand for robust cybersecurity strategies, are driving the need for risk management solutions. Additionally, the evolving landscape of climate-related risks and natural disasters is prompting organizations to integrate climate risk models into their assessments. Together, these factors underscore the need for comprehensive, timely risk management strategies, making risk analytics an essential resource in today's business landscape.

By software type, the Governance, Risk, and Compliance (GRC) software segment is expected to account for the largest market share during the forecast period (2026â2031).

Governance, Risk, and Compliance (GRC) software dominates the Risk Analytics Market because it helps organizations meet stringent regulatory demands and follow internal policies. GRC software is designed to ensure that organizations operate within legal and ethical boundaries while minimizing compliance risks. As regulations grow more complex and sector-specific across regions, businesses increasingly adopt GRC solutions to automate compliance monitoring, maintain audit readiness, and ensure transparency. These systems provide real-time tracking and reporting, enabling organizations to quickly detect non-compliance or policy breaches and implement corrective measures. Moreover, GRC platforms can consolidate and standardize compliance processes across departments, improving efficiency and reducing the risk of human error. As firms face rising costs from regulatory fines and reputational damage, the importance of robust GRC systems continues to grow, reinforcing their dominance in the risk analytics sector.

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By risk type, strategic risk is projected to grow at the second-fastest rate in the Risk Analytics Market during the forecast period.

Strategic risk analytics is expected to gain importance as organizations address uncertainties related to market dynamics, competitive positioning, business diversification, and long-term sustainability. Increasing market volatility and interconnected business environments are driving the need to assess risks from market concentration, new product development, and expansion into unfamiliar markets. Digital transformation, evolving business models, and platform-based strategies also introduce interconnected risks that require systematic assessment and monitoring. Strategic initiatives such as mergers, partnerships, and business expansion can also expose organizations to financial, operational, and competitive uncertainties. Risk analytics supports these activities by enabling scenario analysis, predictive modeling, and data-driven evaluation of potential outcomes. These capabilities help organizations assess the implications of strategic decisions, identify emerging threats, and align risk management practices with business objectives.

By region, North America is estimated to account for the largest share of the Risk Analytics Market in 2026.

Regional demand is supported by the adoption of risk analytics across banking, insurance, healthcare, and other industries. Organizations in the region use these solutions for credit risk assessment, fraud detection, regulatory compliance, cybersecurity risk monitoring, and operational risk management. Regulatory frameworks, including Basel III and the Dodd-Frank Act, contribute to demand for risk measurement, reporting, and compliance solutions in the financial sector. The integration of artificial intelligence, machine learning, big data analytics, and cloud computing is expanding the application of risk analytics in risk identification, predictive modeling, and decision-making. The presence of established technology providers, financial institutions, and specialized analytics vendors also contributes to the development and adoption of risk analytics solutions across the region.

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Top Companies in Risk Analytics Market:

The Top Companies in Risk Analytics Market are Marsh McLennan (US), Aon (England), Deloitte (UK), Capgemini (France), Moody's Analytics (US), IBM (US), Oracle (US), FIS (US), Lockton (US), SAS Institute (US), MetricStream (US), Milliman (US), and Protiviti (US).

Risk Analytics Market - Investment & funding + Merger & Acquisition

Investment And Funding Context

Investment activity in the Risk Analytics Market is increasingly focused on credit risk modeling, predictive analytics, regulatory compliance, fraud detection, and AI-enabled risk intelligence. In August 2026, ICRA Limited launched ICRA Risk & Analytics, bringing together ICRA Analytics, Fintellix, and D2K Technologies after completing acquisitions totaling USD 30.65 million. The platform was designed to address risk management, regulatory compliance, and data management requirements for financial institutions, regulators, and corporates.

Technology development and strategic collaborations also remained important in 2026. In April 2026, Moody's announced the integration of its credit intelligence and analytical capabilities into Microsoft 365 Copilot workflows, expanding access to credit ratings, research, entity data, and related risk intelligence. In August 2026, Moody's also announced that its intelligence was available through Google Cloud's Gemini Enterprise for Financial Services. These developments show investment in integrating risk analytics with enterprise AI platforms rather than relying solely on standalone analytical systems.

Revenue Shift Context

Revenue generation in the Risk Analytics Market spans software subscriptions, analytical data, risk models, regulatory reporting solutions, and advisory services. Financial institutions and enterprises use these capabilities for credit assessment, market risk measurement, portfolio monitoring, fraud detection, and compliance management. In July 2026, FICO reported third-quarter fiscal 2026 revenue of USD 674.2 million, including USD 215.3 million from its Software segment, which covers analytics and digital decisioning technology. The company's reported results demonstrate the commercial importance of software-based analytics and decisioning, although its total revenue also includes scoring solutions and should not be treated as Risk Analytics Market revenue alone.

Insurance-focused analytics also represents an important revenue source for providers serving property, casualty, and catastrophe risk applications. Verisk reported USD 806 million in revenue for the second quarter of 2026, up 4.3% year over year. However, this figure reflects company-wide revenue rather than revenue attributable exclusively to risk analytics. Accordingly, company financial results should be distinguished from revenue generated specifically within the Risk Analytics Market when evaluating competitive positions.

Mergers & Acquisitions

Direct mergers and acquisitions among pure-play risk analytics vendors remain selective, while strategic acquisitions and partnerships help companies expand their capabilities in risk modeling, financial data analytics, regulatory compliance, fraud detection, and enterprise risk management. Transactions and integrations in this market can strengthen proprietary data assets, analytical models, risk intelligence, and software capabilities. Companies also use acquisitions to expand their coverage of credit risk, insurance risk, operational risk, and regulatory reporting, enabling them to serve a broader range of financial institutions and enterprises.

Recent examples illustrate this trend. In July 2026, Moody's expanded its partnership with Intapp by integrating credit risk assessments, entity screening, and ownership data into Intapp's Celeste AI platform, supporting risk evaluation and due diligence workflows.

Formation Bio Drug Development Accelerator Fund pairs dedicated capital with the company's AI-native development platform to scale its portfolio of clinical-stage medicines

NEW YORK, Oct. 28, 2026 /PRNewswire/ -- Formation Bio, an AI-native pharmaceutical company, today announced the Formation Bio Drug Development Accelerator Fund (the "Fund"), with $600 million in capital commitments. The Fund is designed to expand the company's portfolio of clinical-stage medicines. Combining dedicated capital with Formation Bio's AI-native development platform and clinical operating infrastructure, the Fund will support the company's ambition to acquire 10â15 drug programs over the next 3â5 years and advance them through key clinical milestones.

The Fund's limited partners include leading research foundations, institutional endowments, hospitals, and philanthropic organizations.

The Fund helps scale Formation's hub-and-spoke model, exclusively financing the acquisition and development of drug programs within Formation Bio's portfolio. Formation Bio serves as the Fund's general partner through a wholly owned subsidiary and has committed its own capital alongside the Fund's limited partners.

Each funded program is housed in a standalone corporate entity supported by Formation Bio's established development organization, keeping the economics of each asset financially distinct, while allowing more capital to be directed toward clinical development rather than toward separate, redundant operating infrastructure within multiple companies. The Fund's limited partners benefit from all of Formation Bio's scientific, clinical and operational expertise and capabilities, both in evaluating programs and executing their development plans.

"This Fund gives our LPs access to an important and emerging investment categoryâindividual drug assetsâthrough a capital-efficient structure," said Benjamine Liu, Co-Founder and CEO of Formation Bio. "For Formation Bio, it expands the number of promising drugs we can pursue, gives us strategic and financing flexibility, creates paths to liquidity without selling the parent company, and positions us to lower our cost of capital over time. Together, these advantages address structural challenges in our industry, allow us to develop more drugs for patients, and support our ambition to build this generation's enduring pharma company."

Formation Bio acquires or in-licenses Phase 1 and Phase 2 programs from pharmaceutical companies and biotechs, prioritizing assets with a clear path to clinical proof of concept. The company focuses on diseases with substantial unmet need but limited active development across the industry, targeting major clinical milestones within 2â4 years of acquisition, depending on the program.

Capital will be deployed according to each program's development needs, allowing Formation Bio to concentrate resources on the most promising opportunities. As the portfolio grows, Formation Bio expects to continuously improve its technology and development capabilities, creating efficiencies that benefit future programs. Following meaningful clinical progress, the company expects to partner programs with pharmaceutical companies for commercialization or co-commercialization.

"As a biotech investor and founder, I've seen firsthand how promising medicines can get stranded in company pipelines," said David Steinberg, Chief Business Officer at Formation Bio. "The Formation Bio Fund offers a new way to unlock their potential, leveraging the scale and sophistication of an AI-native drug developer."

The Fund represents an important step toward the company's broader ambition: developing more medicines, more efficiently and with a greater likelihood of success, so that more innovative therapies can reach patients.

"Few applications of AI have the potential to deliver as profound an impact on society as accelerating the development of new medicines," said Michael Ehlers, Chief Scientific Officer and Head of R&D at Formation Bio. "This is a meaningful next step for real-world application of AI that expands our ability to bring innovative therapies to patients."

About Formation Bio

Formation Bio is an AI-native pharmaceutical company building a more efficient model for drug development. The company combines deep pharmaceutical and clinical expertise with proprietary technology and AI systems designed to accelerate the development of medicines. Formation Bio acquires and in-licenses clinical-stage drug programs, then applies its technology, operational capabilities and development expertise to advance them toward clinical proof of concept and beyond. The company is headquartered in New York City, with a second office in Boston.

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Former eBay executive brings deep luxury merchandising expertise and a proven track record of scaling global fashion marketplaces to accelerate The RealReal's next phase of growth

SAN FRANCISCO, Oct. 28, 2026 /PRNewswire/ -- The RealReal (Nasdaq: REAL), the world's largest online marketplace for authenticated resale luxury goods, today announced the appointment of Alexis Hoopes as Chief Merchandising Officer. Hoopes joins from eBay, where she led the company's $10 billion global fashion business, bringing extensive experience in luxury merchandising, international marketplace expansion and digital commerce from leadership roles at eBay, Mattel and Nordstrom.

In her new role, Hoopes will lead The RealReal's merchandising strategy, with a focus on strengthening its luxury assortment, enhancing personalized product discovery and unlocking new opportunities for growth through technology, data and global marketplace expertise.

"Alexis is a proven leader who brings a rare combination of luxury merchandising expertise, global marketplace experience and operational discipline," said Rati Sahi Levesque, President and CEO of The RealReal. "As we build on our leadership in luxury resale, her ability to connect exceptional merchandise with evolving consumer demand will be instrumental in accelerating growth, elevating the shopping experience and realizing the full potential of our platform."

At eBay, Hoopes served as Vice President and General Manager of Global Fashion, leading teams across the U.S., U.K. and Europe. She helped build and scale the company's fashion business, expanding its Authenticity Guarantee program into new categories, price points and international markets to strengthen trust among buyers and sellers. She also expanded luxury supply through cross-border commerce between Asia and the U.S. and developed resale-as-a-service partnerships with leading brands and retailers.

Previously, Hoopes served as Senior Vice President of E-commerce at Mattel, where she built the company's direct-to-consumer business, launched two digital commerce platforms and integrated American Girl's e-commerce operations. Earlier in her career, she spent nearly 15 years at Nordstrom in leadership roles spanning merchandising, strategy, e-commerce and planning.

"I've long admired The RealReal for bringing together the best of luxury fashion with the excitement of discovery," said Alexis Hoopes, Chief Merchandising Officer of The RealReal. "The opportunity to combine luxury products, deep proprietary data and emerging technologies to create a more personalized shopping experience is incredibly compelling. I'm excited to work with the team to expand our assortment, unlock new sources of supply and help shape the future of luxury resale."

Hoopes' appointment comes as The RealReal continues to advance its AI-powered capabilities and strengthen its position as a destination for luxury discovery. With more than 15 years of proprietary data and an ever-changing assortment of over one million luxury items, the company is uniquely positioned to expand opportunities for luxury goods to find new owners.

About The RealReal

The RealReal is the world's largest online marketplace for authenticated resale luxury goods, trusted by a community of 45 million members. Its full-service consignment model across fashion, fine jewelry and watches, art and home makes it easy for customers to buy and sell luxury wherever they are. The company combines rigorous, expert-led authentication with AI and proprietary technology to optimize operations and pricing while streamlining the customer experience. Backed by 15 years of proprietary data and more than 55 million items sold, The RealReal has become the preferred destination for modern luxury resale, redefining the luxury lifecycle.

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Next-generation facial recognition built to help you keep people and spaces safer

FOOTHILL RANCH, Calif., Oct. 28, 2026 /PRNewswire/ -- FaceFirst alerts your team when an enrolled known offender walks in, now with faster performance, a streamlined interface, and more features to empower your team.

Gatekeeper Systems, a global leader in intelligent loss prevention and safety solutions, today announced the launch of the new FaceFirst, a next-generation facial recognition platform designed to preempt retail violence and loss. FaceFirst identifies known offenders the moment they enter a location, giving security teams the immediate intelligence they need for human review, decision-making, and response.

The new FaceFirst delivers even faster performance, a streamlined UI, and a modern architecture with enhanced security, privacy, and compliance features.

Detailed solution information and implementation strategies are available at gatekeepersystems.com/facefirst-next-generation.

The FaceFirst update introduces a modern framework and streamlines the user interface while increasing system speed and performance. FaceFirst now integrates the separate portal, dashboards, and insights panels into a single, cohesive environment. This new interface lets loss prevention and security professionals complete common tasks with fewer clicks and delivers extensive new analytics, data governance, and audit features.

Advanced security, intelligence, and compliance features

- Accomplice Linking: Helps recognize and track associations among known offenders to uncover organized retail crime networks and fraud rings.

- Criminal Behavior Analysis: Provides visibility to known offender patterns in monitored stores across multiple cities and states to help retailers build prosecutable cases and prevent repeat offenses.

- Data Governance and Compliance: Expanded tools to help ensure responsible technology use and comply with privacy laws and regulations.

- Enhanced Mapping: Provides visibility into top repeat offender locations and pre-enrollment visit history to improve resource allocation.

FaceFirst integrates ROC's facial recognition algorithm, which is ranked #1 among American developers and #3 globally based on the National Institute of Standards and Technology (NIST) Face Recognition Technology Evaluation (FRTE) testing. FaceFirst continues to deliver rapid matching capabilities that are critical for threat recognition and mitigation. This accuracy and speed are now paired with a streamlined navigation menu and faster event-resolution tagging, so security personnel spend less time managing software and more time protecting employees, customers, and inventory.

The FaceFirst update also prioritizes responsible AI use through expanded data governance features. As facial recognition technology becomes a standard component of the retail safety stack, these additional compliance tools provide the necessary framework for transparency and ethical oversight. These updates reflect a direct response to the increasing complexity of retail environments, where rapid threat recognition is essential for loss-prevention and workplace-violence-prevention strategies.

"The next-generation FaceFirst represents the evolution of facial recognition for life safety and loss prevention," said Eric Schoch, CEO of Gatekeeper Systems. "When a known repeat offender enters a store, FaceFirst's real-time alerts give associates the opportunity to engage early with attentive, service-oriented interaction. That presence alone often resolves the situation â no escalation, no loss."

"We've taken an industry-leading solution and made it more accessible and efficient for loss prevention teams," said Matt Howard, Vice President & Head of Product at Gatekeeper Systems. "The new FaceFirst empowers responders with even faster performance, a streamlined interface, and the continued confidence that comes from the integration of top NIST-ranked technology."

About Gatekeeper Systems

Gatekeeper Systems is a global leader in retail loss prevention and store intelligence, helping retailers create safer, more frictionless shopping environments. Its solutions, including FaceFirst real-time facial recognition and Purchek pushout theft prevention, are trusted by major retailers worldwide to reduce shrink, protect employees and customers, and preserve the customer experience. For more information, please visit gatekeepersystems.com/solutions/facefirst/.

Please direct media enquiries to [email protected].

SOURCE Gatekeeper Systems, Inc.

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Salesforce will purchase 500,000 high-integrity, data-backed methane reduction credits from Mitti Labs by 2030, bringing water resilience to India's smallholder farmers.

SAN FRANCISCO and BENGALURU, India, Oct. 28, 2026 /PRNewswire/ -- Deep-tech company Mitti Labs today announced a five-year carbon credit offtake agreement with Salesforce to scale Climate-smart rice farming across tens of thousands of smallholder farms in India. Coming just weeks after Mitti Labs' offtake agreement with Google, this new partnership shows the growing corporate demand for satellite-verified rice methane credits as a scalable offset solution with near-term impact.

Climate-smart rice farming replaces traditional continuous irrigation with alternate irrigation, where farmers let their fields dry out during safe windows in the growing cycle. This low-cost practice shift helps the world grow more rice with less water, while abating methane emissions derived from microbe growth in oxygen-free soils. Alternate irrigation can cut methane emissions by up to 50% and water usage by up to 40%, without affecting yields.

Agriculture is responsible for 40% of all human-induced methane emissions, which are a powerful driver of climate change. Methane traps 85 times more heat than COâ but only stays in the atmosphere for a decade, meaning that every ton that is not emitted today delivers a fast, tangible reduction in near-term warming.

Commitments from companies like Salesforce are helping Mitti Labs scale these practices. Mitti Labs plans to scale its operations to meet this demand: by 2028, it plans to issue 2 million credits per year from its projects located in India and Southeast Asia.

"Salesforce is a founding member of the Beyond Alliance's Superpollutant Action Initiative. We know that superpollutant reduction is one of the best ways to slow near-term warming, and we are committed to directing capital toward high-impact mitigation efforts. Reducing methane emissions from rice farming is a scalable climate solution that also helps preserve water resources for future generations," said Jamila Yamani, PhD., Director of Climate & Energy at Salesforce.

Every credit delivered under the agreement will be backed by field-level evidence and satellite-verified field dry-downs. Mitti Labs' GeoAI platform, developed with support from NASA, fuses high-resolution satellite radar with field-collected ground truth to track flooding, soil moisture and crop health across individual smallholder plots. This provides credit buyers with transparent, independently verifiable proof of impact at a scale that manual monitoring is not able to match.

Beyond reducing methane emissions, the partnership is projected to save 700 billion liters of water, or roughly eighteen months of Bengaluru's annual supply, easing pressure on groundwater retrievals in regions where rice farming competes with urban and industrial water usages.

"Carbon credit buyers are increasingly asking not just what impact a project delivers, but how they can see it for themselves. Having Salesforce join Google in backing rice methane reductions shows that high-integrity, data-verified agricultural credits are becoming a core part of serious climate offsetting strategies. This agreement lets us reach tens of thousands more farmers with practices that cut emissions, save water and strengthen livelihoods," said Xavier Laguarta, co-founder at Mitti Labs.

With Salesforce's support, Mitti Labs will deepen its engagement with rice farming communities and expand the 'digital twins' GeoAI datasets that support the roll-out of its programs. As demand for the world's staple crop continues to grow and rainfall patterns become less predictable, the next five years in the partnership offer a chance to strengthen food security and realize the full potential of rice farming as a climate solution.

About Mitti Labs

Mitti Labs combines satellite technology, AI and field operations to create a water and climate resilient future for rice farming. To date, its programs have saved 500 billion liters of water â the equivalent of Bengaluru's annual supply. In July 2026, Mitti Labs received an 'A' rating from leading ratings agency Sylvera in recognition of its rigorous implementation and measurement protocols.

Mitti Labs customers include global technology, service, food and agriculture businesses such as Google, Cool Effect, Ebro Foods, and Syngenta. Since launching in 2023, Mitti Labs has grown to 150 employees and secured $12.5 million from investors such as Lightspeed India, Aramco Ventures, Voyager Ventures, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle. Visit mittilabs.earth to learn more.

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