Company ships in-document protection that lets AI read a contract without seeing what is confidential inside it

NEW YORK, Oct. 14, 2026 /PRNewswire/ -- Cyphlens has been named a 2026 Gartner® Cool Vendor™ in "Coolest Vendor Innovations in Data Security report."

Asking AI to help with a document should not mean handing it every confidential detail inside.

You want AI to find the renewal deadline in a customer agreement. You do not want it reading the negotiated price.

Cyphlens encrypts the price inside that agreement while leaving the rest readable. AI can review the document and find the deadline, but sees a cipher where the price would be. Only an authorized person can reveal the protected information. Selected regions are replaced in place, so the file stays an ordinary Word or PDF with no encrypted container, and each region carries its own recipients. One document can disclose different things to different readers.

The capability is generally available today, applied through a Cyphlens skill for Claude.

Cyphlens also protects whole files, up to one terabyte, through the same control. Teams share them through the channels they already use. File content never touches Cyphlens servers, because CypherFile encrypts and decrypts on the sender's own devices. Senders keep control after sharing: revocation renders a copy permanently inaccessible wherever it traveled, because every open is checked before content is revealed.

"For years, security could largely assume that the person opening a document was the one reading it. That assumption no longer holds. We built Cyphlens so AI can work with the context it needs while sensitive information remains under human control," said Rocky Motwani, CEO of Cyphlens.

"As AI takes on more document-heavy workflows, security will increasingly center on granular access: what each reader, human or AI, is able to see," said Rob Keith, Partner at Salesforce Ventures. "Cyphlens is building that control layer, giving organizations governance over sensitive data even after a file leaves their hands."

AI gets the context it needs. People retain control over what becomes visible.

Learn more: https://cyphlens.com/

#DataSecurity #AISecurity #AgenticAI

Media contact: [email protected]

Source: Gartner, "Coolest Vendor Innovations in Data Security," Joerg Fritsch, Andrew Bales, Paulo Aresta, Sarah Almond and Niyati Daftary, 26 August 2026.

Gartner, COOL VENDORS™ is a trademark of Gartner Inc. and its affiliates. Gartner does not endorse any company, vendor, product, or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner's business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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ROCKVILLE, Md., Oct. 14, 2026 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP for the Smart Edge, will announce results for the third quarter 2026 on November 9, 2026 before the NASDAQ market opens.

Following the release, Ceva management will conduct a conference call at 8:30 a.m. Eastern Time to discuss results for the quarter and business outlook.

The conference call will be available via the following dial in numbers:

- U.S. Participants: Dial +1 844-435-0316 (Access Code: Ceva)

- International Participants: Dial +1 412-317-6365 (Access Code: Ceva)

The conference call will also be available live via webcast at the following link: https://app.webinar.net/oKLP6DwbXyv. Please go to the website at least fifteen minutes prior to the call to register.

For those who cannot access the live broadcast, a replay will be available by dialing +1 855-669-9658 or +1 412-317-0088 (access code: 7028120) from one hour after the end of the call until 9:00 a.m. (Eastern Time) on November 16, 2026. The replay will also be available at Ceva's web site at www.ceva-ip.com.

About Ceva, Inc.

Ceva powers the Smart Edge, bridging the digital and physical worlds to bring AI-driven products to life. Our Ceva AI fabric portfolio of silicon and software IP enables devices to Connect, Sense, and Infer – the essential capabilities for the intelligent edge. From 5G, cellular IoT, Bluetooth, Wi-Fi, and UWB connectivity to scalable Edge AI NPUs, AI DSPs, sensor fusion processors and embedded software, Ceva provides the foundational IP for devices that connect, understand their environment, and act in real time.

With more than 22 billion devices shipped and trusted by 400+ customers worldwide, Ceva is the backbone of today's most advanced smart edge products - from AI-infused wearables and IoT devices to autonomous vehicles and 5G infrastructure. Our differentiated solutions deliver seamless integration into existing design flows, total flexibility to combine solutions based on design needs and ultra‑low‑power performance in minimal silicon footprint, helping customers accelerate development, reduce risk, and bring innovative products to market faster. As technology evolves toward Physical AI, Ceva's IP portfolio lays the foundation for systems that are always connected, contextually aware, and capable of intelligent, real-time decision-making.

Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram.

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Backed by $10 million in venture capital, Bind AI automates the entire process from quote to bind so insurance brokers can spend their time with clients

NEW YORK, Oct. 14, 2026 /PRNewswire/ -- Bind AI today announced its public launch as the AI workforce for insurance. The company, which is already live with hundreds of insurance agencies and touching billions of dollars in commercial premium, automates submission intake, quoting, proposals and binding on brokers' behalf. Bind AI has raised $10 million in funding from Bonfire Ventures and other leading VCs to date.

Agents and brokers sell roughly 90% of business insurance in the United States, yet spend only about 10% of their time with clients. The rest is lost to paperwork: rekeying submissions, chasing carriers for quotes, assembling proposals and processing binds. Bind AI does that work autonomously and delivers the outcome from quote to bind, saving agencies hundreds of hours per month.

Instead of being a standalone platform, Bind AI is the only solution in the market that integrates directly with where agents spend the most time: their inbox. Bind AI processes every inbound email and document, recognizes what needs to happen and does it before the agent even has to ask. Instead of requiring agents to change their behavior and learn a new portal, Bind AI simply sends them the completed work for their review.

"Agents and brokers didn't get into insurance to do data entry, but that's where their days go," said Tony Marshi, founder of Bind AI. "We built Bind AI to be the AI teammate that handles the work no one wants to do, so brokers can be in front of clients instead of behind a screen. The hundreds of agencies live on Bind AI today are proof that when you deliver outcomes instead of tools, brokers adopt fast."

In addition to email, Bind AI works directly inside the quoting portals where agents spend the majority of their days. Bind AI has already quoted hundreds of millions in premium across major carriers, helping agents win and retain millions in commercial business.

The $10 million in fundraising has contributed to Bind AI's rapid expansion across agencies and brokerages nationwide, along with the growth of its team in New York. Other investors include Ramp Co-Founder Karim Atiyeh and Draper Associates.

"Building AI-powered, service-as-software solutions to modernize legacy workflows in the insurance vertical is one of today's most exciting opportunities," said Jim Andelman, Bonfire Ventures Co-Founder and Managing Director. "Bind AI has already built impressive momentum and is poised to revolutionize this trillion-dollar market.

Bind AI is available today to insurance agencies and brokers. To learn more or request a demo, visit bind.ai.

About Bind AI

Bind AI is building the AI workforce for insurance, starting with agents and brokers. By integrating natively with agencies' email systems, Bind AI handles submission intake, quoting, proposals, servicing and binding, then delivers the finished work back to the agent. Headquartered in New York, Bind AI is live with hundreds of agencies representing billions in commercial premium and is backed by leading VCs. Learn more at bind.ai.

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DALLAS, Oct. 14, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI" or the "Company"), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, ("Drone Nerds"), a leading drone solutions platform serving commercial, enterprise and government customers, today announced the appointment of Dr. Allan Evans as a director and Chairman of its Board of Directors. His addition returns the Board to five members. In connection with Dr. Evans' appointment as Chairman, the Board designated Mr. Ornstein as Vice Chairman of the Board.

"We are very pleased to welcome Allan to XTI's Board," said Jonathan Ornstein, XTI Aerospace's Vice Chairman. "Allan brings deep engineering expertise, proven business development and corporate strategy experience, as well as a firsthand understanding of the domestic supply chain for the growing U.S. drone industry. We look forward to leveraging his experience at Unusual Machines as we seek to help advance the next generation of unmanned operations across complex environments."

Dr. Evans, age 43, currently serves as Chief Executive Officer and a director of Unusual Machines, Inc. (NYSE American: UMAC), positions he has held since December 2023. From 2021 to 2023 he was Chief Operating Officer of Red Cat Holdings, Inc., a drone technology company and previously served as Chief Executive Officer of Fat Shark from 2017 until its acquisition by Red Cat in 2020. Dr. Evans received his PhD in Electrical Engineering from the University of Michigan.

Jeremy Schneiderman, Interim CEO, added, "XTI Aerospace and Drone Nerds are well‑positioned to expand our leadership in the U.S. enterprise drone market, and Allan's industry expertise, relationships, and strategic insight will be invaluable as we capitalize on that opportunity."

"I am excited to work with Jeremy, XTI's board, and the entire executive team as we focus on leveraging the Company's leadership position in the U.S. drone market during this critical transition away from foreign manufacturers," said Dr. Evans. "We have a unique opportunity to dramatically grow the business and drive meaningful outcomes for our partners and shareholders."

About XTI Aerospace, Inc.

XTI Aerospace, Inc. ("XTI") (Nasdaq: XTIA) is focused on building a leading platform for commercial and government drone adoption in the growing unmanned aircraft systems ("UAS") industry. Through its subsidiary, Drone Nerds, LLC, XTI supports enterprise and government customers in sectors including public safety, agriculture, construction, and energy across the drone program lifecycle, from hardware sourcing and deployment to training, service, repair, and the proprietary Always Flying™ program. Its established U.S. customer base and reputation as a trusted solutions provider position the company as a go-to-market partner for drone manufacturers and software developers seeking to scale in the domestic market.

For more information about XTI, please visit xtiaerospace.com and follow XTI on LinkedIn, Instagram, X, and YouTube.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this press release that are not historical facts (including any statements concerning plans and objectives of management for future operations or economic performance, or assumptions or forecasts related thereto) are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "poised," "positioned," "potential," "seem," "seek," "future," "outlook," "target," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking.

Forward-looking statements in this press release include, without limitation, statements regarding Dr. Evans' expected contributions, the Company's market position and growth opportunities, and trends in customer demand for domestically manufactured and NDAA-compliant drones. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including Drone Nerds' reliance on DJI and other foreign suppliers, U.S. regulatory restrictions affecting foreign-manufactured drones and components, and the Company's ability to execute its strategy. For additional risks, see "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and its subsequent filings with the Securities and Exchange Commission. The risks and uncertainties above are not exhaustive, and there may be additional risks that XTI presently does not know or that XTI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XTI's expectations, plans or forecasts of future events and views as of the date of this press release. XTI anticipates that subsequent events and developments will cause XTI's assessments to change. However, while XTI may elect to update these forward-looking statements at some point in the future, XTI specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing XTI's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements contained in this press release.

Contacts:

General inquiries:

Email: [email protected]

Web: https://xtiaerospace.com/contact

Investor Relations:

[email protected]

SOURCE XTI Aerospace, Inc.

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DELRAY BEACH, Fla., Oct. 14, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the pet food ingredients market is estimated to be USD 41.55 billion in 2026 and is projected to reach USD 57.68 billion by 2031, at a CAGR of 6.8% from 2026 to 2031.

Pet Food Ingredients Market Size & Forecast

- Market Size Available for Years: 2022–2031

- 2026 Market Size: USD 41.55 billion

- 2031 Projected Market Size: USD 57.68 billion

- CAGR (2026–2031): 6.8%

Pet Food Ingredients Market Trends & Insights:

- The pet food ingredients market is experiencing substantial growth. This is primarily driven by rising pet ownership and pet humanization, increasing demand for premium and functional pet food, a growing focus on pet health and nutrition, and the expanding use of proteins, fibers, vitamins, minerals, palatants, and other specialty ingredients across pet food, treats, and supplements.

- The Asia Pacific region is estimated to account for 21.8% of the pet food ingredients market in 2026.

- By source, the animal-based segment is estimated to lead the market with a share of 53.8% in 2026.

- By form, the dry segment is projected to witness a higher CAGR of 7.0% from 2026 to 2031.

- By ingredient, the meat & meat products segment is expected to hold a dominant market share during the forecast period.

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The demand for pet food ingredients is increasing across dry food, wet food, treats, supplements, and specialized diets, supported by growing pet humanization and increasing consumer focus on pet health, nutrition, wellness, and preventive care. In dry and wet pet food, ingredients such as animal proteins, plant proteins, fats and oils, grains, functional carbohydrates, vitamins, minerals, and fibers are used to provide balanced nutrition, while functional ingredients such as probiotics, prebiotics, enzymes, omega-3 fatty acids, antioxidants, and specialty proteins are increasingly incorporated to support digestive health, immunity, skin and coat health, healthy aging, and overall well-being. Demand for natural, clean-label, sustainably sourced, highly digestible, and functional ingredients is also increasing as pet owners seek greater transparency and nutritional benefits. At the same time, advances in fermentation, protein processing, algae cultivation, enzyme technology, stabilization, and formulation are enabling ingredient suppliers to develop more specialized, sustainable, and application-specific solutions, further expanding the use of innovative ingredients across the pet food industry.

By source, animal-based segment to exhibit fastest growth rate during forecast period.

Animal-based ingredients are expected to be the fastest-growing source segment in the pet food ingredients market during the forecast period, driven by the increasing shift toward premiumization, specialized nutrition, and biologically targeted formulations. Pet food manufacturers are increasingly incorporating animal-derived ingredients to differentiate products through higher meat inclusion, novel protein sources, functional animal ingredients, and species-specific formulations. The expansion of fresh, refrigerated, freeze-dried, air-dried, and minimally processed pet food is creating additional opportunities for meat, poultry, fish, egg, and other animal-derived ingredients. Growing interest in novel and alternative animal proteins, including insect and marine-based sources, is also broadening the ingredient base while addressing sustainability and supply-chain considerations. Furthermore, advances in processing and ingredient preservation are enabling suppliers to maintain nutritional quality and improve the functionality of animal-derived ingredients, supporting their adoption in premium foods, treats, and specialized diets.

By ingredient, vegetables & fruits segment to record highest CAGR during forecast period.

By ingredient, the vegetables & fruits segment is expected to witness the fastest growth in the pet food ingredients market during the forecast period, driven by increasing demand for natural, functional, and nutrient-rich ingredients in pet diets. Pet owners are increasingly seeking formulations that include recognizable whole-food ingredients, while vegetables and fruits provide dietary fiber, vitamins, minerals, antioxidants, and other phytonutrients that can complement animal-based proteins and support digestive health and overall wellness. Their use is also increasing in premium, natural, fresh, and holistic pet food formulations, where ingredient transparency and clean-label positioning are important purchasing considerations. In addition, growing interest in functional nutrition is encouraging the incorporation of specific fruits and vegetables to support areas such as digestive health, immune function, and healthy aging, while improvements in ingredient processing and preservation are enabling manufacturers to incorporate these ingredients into dry food, wet food, treats, and specialized diets.

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Asia Pacific to be fastest-growing regional market for pet food ingredients during forecast period.

Asia Pacific is expected to be the fastest-growing region in the pet food ingredients market, supported by rapid growth in pet ownership and increasing spending on companion animals, particularly in China, India, Japan, South Korea, and Southeast Asia. In China, rising demand for premium and functional pet foods is driving the use of high-quality proteins, vitamins, minerals, probiotics, prebiotics, and omega-3 fatty acids, while India is witnessing expanding pet ownership, urbanization, and growth of organized pet food channels. Japan and South Korea have mature pet-care markets with strong demand for specialized, age-specific, and health-oriented nutrition. Across the region, pet humanization, rising disposable incomes, urban lifestyles, e-commerce penetration, premiumization, growing awareness of pet health, expansion of local pet food manufacturers, and increasing demand for sustainable and alternative ingredients are key factors accelerating the pet food ingredients market.

Top Companies in the Pet Food Ingredients Market

The report profiles key players such as BASF SE (Germany), Darling Ingredients Inc. (US), Cargill, Incorporated (US), Ingredion (US), dsm-firmenich (Netherlands), International Flavors & Fragrances Inc. (US), ADM (US), Kemin Industries, Inc. (US), Novonesis Group (Denmark), Roquette Frères (France), The Scoular Company (US), Symrise (Germany), Mowi Nutrition (Norway), Lallemand Inc. (Canada), Phileo by Lesaffre (France), and others.

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Investment Funding Context

Investment activity in the pet food ingredients market is supporting capacity expansion, manufacturing scale-up, and the development of next-generation nutritional solutions. In October 2023, ADM invested USD 33 million to establish a new pet food production line in Guadalajara, Jalisco, increasing its manufacturing capacity and supporting the expansion of its Ganador and Minino pet food brands. In November 2021, Petsource (US), a subsidiary of the Scoular Company (US), announced a USD 75 million investment to enhance its pet food ingredient portfolio and expand its production capacities. More recently, in April 2026, Symrise made a strategic equity investment in Bond Pet Foods to advance precision-fermentation technology for animal-identical proteins and accelerate the commercialization of sustainable ingredients for pet nutrition. These investments indicate increasing industry focus on expanding production capacity, improving processing capabilities, developing alternative and functional proteins, strengthening supply-chain resilience, and supporting sustainable pet food formulations.

Revenue Shift Context

The pet food ingredients market is shifting from conventional commodity ingredients toward higher value, functional, specialty, and differentiated ingredient solutions, supported by rising demand for premium, natural, clean label, sustainable, and nutritionally optimized pet food. Market spending is projected to increase from USD 41.55 billion in 2026 to USD 57.68 billion by 2031, at a CAGR of 6.8%, with growth increasingly driven by value-added ingredients such as meat & meat products, cereals, vegetables & fruits, fats, and additives that provide targeted benefits related to pet health, digestion, immunity, and overall well-being. This shift indicates that value growth is supported not only by increasing pet food consumption but also by premiumization, pet humanization, greater adoption of functional nutrition, and increasing use of differentiated and sustainably sourced ingredients at the ingredient level.

Mergers and Acquisitions

Key players have pursued acquisitions to strengthen their presence across the pet food ingredients value chain, expand ingredient portfolios, and enhance production and processing capabilities. In 2024, Darling Ingredients acquired Miropasz Group in Poland, strengthening its supply of animal-derived raw materials for proteins, meals, and pet food ingredients, while in 2023, the Scoular Company acquired Northwest Farm Food Cooperative's frozen fish processing plant to expand its capabilities in producing fish ingredients for pet food manufacturers. ADM acquired South Sunrays Milling Corporation in the Philippines, while Symrise acquired Wing Pet Food in China to strengthen their portfolio of pet food solutions.

NORTH CANTON, Ohio, Oct. 14, 2026 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a leader in advanced motion technology, will release its 2026 third-quarter financial results on Wednesday, November 4, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com.

About The Timken Company

The Timken Company (NYSE: TKR; www.timken.com), a leader in advanced motion technology, designs and manufactures highly engineered systems and components for customers in strategic end markets, including aerospace and defense, power and electrification, and automation and industrial solutions. With more than 125 years of specialized expertise and a multinational presence, Timken is a trusted partner worldwide, innovating and powering performance across the application lifecycle. The company posted $4.6 billion in sales in 2025 and employs approximately 19,000 people, operating from 45 countries. Learn more at www.timken.com or @TheTimkenCompany.

Media Relations:

Sarah Factor

234.262.4878

sarah.factor@timken.com

Investor Relations:

Neil Frohnapple

234.262.2310

[email protected] 

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DELRAY BEACH, Fla., Oct. 14, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the Battery Thermal Management System Market is projected to grow from USD 5.26 billion in 2026 to USD 10.97 billion by 2033 at a CAGR of 11.1%.

Browse 353 market data Tables and 69 Figures spread through 365 Pages and in-depth TOC on 'Battery Thermal Management System Market'

Battery Thermal Management System Market Size & Forecast:

- Market Size Available for Years: 2022-2033

- 2026 Market Size: USD 5.26 billion

- 2033 Projected Market Size: USD 10.97 billion

- CAGR (2026–2033): 11.1%

Battery Thermal Management System Market Trends & Insights:

- The BEV segment is expected to have the largest share in the global BTMS market.

- The cooling plates segment is projected to hold the highest value share in the global BTMS market.

- Europe is set to experience significant growth in the global battery thermal management system market.

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Increasing battery energy density, fast-charging requirements, higher power output, and stringent battery safety requirements are driving the value and technology intensity of BTMS. OEMs are transitioning from conventional air-cooling toward liquid-cooled and integrated thermal architectures capable of managing battery temperature with greater precision and efficiency. Technology is also shifting toward AI-based thermal simulation, cell-level temperature monitoring, direct cell cooling, and intelligent controls, particularly for high-voltage 800 V EV platforms requiring faster charging and tighter thermal uniformity. 800V BTMS solutions are being developed with higher coolant flow, faster preconditioning, and integrated battery heating and cooling to manage higher charging loads.

- In June 2026, MAHLE started series production of battery cooling plates at its Montblanc plant in Spain to support growing demand for liquid cooled battery systems. The company plans to increase production from around 1,000 units per week to 8,000 units per week by the end of 2026, with the facility capable of reaching up to 15,000 units per week. The cooling plates use optimized coolant channels to distribute heat uniformly across the battery and maintain operating temperatures below 40°C. MAHLE is also expanding the production area by around 10,000 m², supporting higher volume production of battery thermal management components.

- In December 2025, Webasto developed its Heated Chiller to combine battery cooling, battery heating, and cabin heating within a single thermal management unit. The system integrates the chiller, battery heater, and interior heater, reducing component count and simplifying thermal system integration. The architecture supports coordinated temperature control across the battery and cabin, enabling battery preconditioning for charging while also meeting cabin heating requirements. Webasto is positioning the Heated Chiller as a compact thermal management solution for electric vehicles, with the technology currently progressing toward production applications.

The BEV segment is expected to have the largest share in the global BTMS market.

BEVs are expected to be the fastest-growing vehicle type in the battery thermal management system market, as they account for more than 50% globally, supported by higher battery energy density, tighter cell temperature-control requirements, and greater integration of battery and vehicle thermal systems. Within passenger BEVs, NMC batteries require active thermal control as higher energy density and charging power increase heat generation and cell temperature variation, which supports liquid cooling, direct cell cooling, battery preconditioning, and active temperature control. OEMs and BTMS suppliers are focusing on integrated and actively controlled thermal architectures. For instance, the Mercedes AMG GT 4 Door Coupe uses direct cooling of cylindrical NCMA battery cells, with intelligent thermal management controlling cell temperature during high power operation, while Bosch provides intelligent battery temperature control and diagnostics for BEVs. These developments are increasing the need for optimized coolant distribution, low-thermal-resistance cooling structures, and coordinated thermal control across the battery, heat pump, HVAC, electric motor, and power electronics. High energy density batteries and higher charging power are therefore supporting demand for advanced active BTMS solutions, particularly for NMC-based passenger BEVs.

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The cooling plates segment is projected to hold the highest value share in the global BTMS market.

The battery cooling plates segment is estimated to hold the highest value share in the battery thermal management system market, supported by their growing use in high-capacity battery packs where consistent temperature control is required across multiple modules. Commercial EVs require advanced cooling plates because their larger battery packs and sustained high-power operation generate higher thermal loads during vehicle operation and charging. OEMs are integrating cooling-plate-based liquid cooling into commercial EV battery architectures to support higher battery capacity and operating power. For instance, Scania uses liquid cooling with cooling channels or cooling plates integrated into or around battery modules in its electric trucks. Additionally, in January 2026, Volvo Group along with SAE stated that it was working on optimizing battery cooling plate design to improve heat transfer and coolant flow in electric vehicle battery thermal systems. The move toward higher capacity packs is also increasing the need for optimized coolant flow paths and larger effective cooling surfaces, while compact pack architectures are pushing suppliers to develop thinner plates with improved thermal contact. The increasing deployment of high-capacity batteries in commercial EVs is therefore driving the adoption of advanced cooling plate architectures and supporting their leading position in the BTMS component market.

Europe is set to experience significant growth in the global battery thermal management system market.

Europe is expected to account for a significant share of the battery thermal management system market, supported by the adoption of advanced thermal architectures across electrified vehicle platforms. In Europe, BEVs account for more than a 60% share in 2025, creating demand for BTMS. The growing use of BEVs and PHEVs in Europe is increasing demand for hybrid BTMS technology, as these systems combine liquid cooling, refrigerant cooling, and heating functions to manage different battery operating conditions. OEMs and BTMS suppliers are focusing on these requirements through integrated hybrid thermal architectures. For instance, MAHLE combines low-temperature and refrigerant circuits for battery and power electronics cooling, allowing different thermal loads to be managed within the same system. The growing use of high power charging is also increasing the need for coordinated battery preconditioning and cooling in Europe. The shift toward high-voltage, high-power EV platforms is therefore supporting adoption of the BTMS market in Europe.

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Top Companies in Battery Thermal Management System Market:

The Top Companies in Battery Thermal Management System Market Robert Bosch GmbH (Germany), Gentherm (US), Valeo (France), AUMOVIO (Germany), and Denso (Japan).

Battery Thermal Management System Market - Investment and Funding Scenario

Investment Funding Context

Investment and funding activity in the battery thermal management system (BTMS) market was the highest in 2024, reaching approximately USD 18.96 billion, compared with USD 0.87 billion in 2023, USD 0.02 billion in 2025, and USD 0.007 billion through September 2026. The sharp increase in 2024 reflects significant capital deployment toward battery thermal management technologies and electrification-related thermal systems. Funding activity declined substantially after 2024, with only one recorded deal each in 2025 and 2026, indicating lower disclosed investment activity in the battery thermal management system ecosystem.

Revenue Shift Context

Battery thermal management system revenue is shifting from conventional cooling components such as cold plates, pumps, heat exchangers, chillers, heaters, and temperature sensors toward integrated thermal architectures for high-voltage, high-power, and fast-charging EV platforms. Future revenue opportunities are expanding across immersion cooling, advanced battery chillers, heat pump-based battery thermal management, thermoelectric cooling, predictive thermal control, and integrated battery and powertrain thermal systems. This shift allows BTMS suppliers to capture higher value through integrated cooling, sensing, and control functions rather than standalone thermal hardware. As EV platforms move toward higher-energy-density batteries, 800 V architectures, and faster charging, revenue is increasingly linked to technologies that improve cell-level temperature uniformity, charging performance, and thermal control.

Mergers & Acquisitions (M&A)

Mergers & acquisitions in the BTMS market are driven by automotive thermal management suppliers, Tier 1 suppliers, and automotive component groups seeking to expand their alternative fuel infrastructure and transportation portfolios. Recent acquisition activity is focused on battery cooling systems, thermal management components, heat pumps, fluid management, and integrated vehicle thermal systems. Transactions involving companies such as Hankook & Company Group, Hanon Systems, Mutares, and S.M.A.

Robert J. Collier Trophy-winning technology reaches a major milestone as availability continues to expand

OLATHE, Kan., Oct. 14, 2026 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced that more than 2,500 aircraft are now equipped with Garmin Autoland, a major milestone achieved just over six years after the technology's initial certification. Now available on more than 15 aircraft models, including piston-powered aircraft and twin-engine jets, Autoland is bringing added peace of mind to a growing number of pilots and passengers across the aviation industry. Recipient of the prestigious Robert J. Collier Trophy and numerous other industry honors, Garmin Autoland is the world's first certified autonomous system that activates during an emergency to control and land an aircraft without human intervention.

"Surpassing 2,500 Autoland-equipped aircraft reflects the incredible adoption of a technology designed to provide pilots and passengers with added confidence when it matters most. From the first certification in 2020 to the expansion in the general aviation market and now into twin-engine jets, Garmin Autoland continues to demonstrate certified, real-world capability across a growing range of aircraft and flight decks."

– Phil Straub, Garmin Executive Vice President and Managing Director, Aviation

First certified in May 2020 on the Piper M600 SLS, Garmin Autoland has expanded across a diverse range of aircraft and can now be found on more than 15 certified models around the world. These include the Piper M600 SLS and M700 FURY; Cirrus Vision Jet G2, G2+ and G3, as well as the SR20 G7+, SR22 G7+ and SR22T G7+; Daher TBM 940, TBM 960 and TBM 980; HondaJet Elite II; select Beechcraft King Air 200, B200, 300 and 350 aircraft; Pilatus PC-12 PRO; and Epic E1000 AX.

In 2026 alone, Garmin Autoland received certifications on four additional aircraft models: the HondaJet Elite II, Embraer Phenom 300EV, Pilatus PC-12 PRO and Epic E1000 AX. The HondaJet Elite II and Phenom 300EV certifications mark the first availability of Garmin Autoland on twin-engine jet aircraft, extending the technology into a new segment of business aviation. Additionally, in 2027, Garmin Autoland certification is expected for Textron Aviation's Cessna Citation M2 Gen3, Cessna Citation CJ3 Gen3, Cessna Citation CJ4 Gen3 and the Beechcraft Denali.

Autoland availability has also expanded across Garmin integrated flight decks, including G1000® NXi, G3000® and G3000 PRIME. Of the more than 2,500 aircraft now flying with Autoland, nearly 250 were retrofitted after delivery, including eligible platforms that were initially delivered without the technology enabled as well as a full retrofit for King Air aircraft, giving new capabilities to an aircraft produced over 50 years ago.

Designed for an emergency situation, such as a pilot incapacitation, a passenger can activate Garmin Autoland to autonomously land the aircraft with a simple press of a dedicated button. Autoland can also activate automatically if the system detects no pilot interaction. Once activated, the system calculates a flight path to the most suitable airport, while avoiding terrain and adverse weather, initiates a stabilized approach to the runway and lands the aircraft – without pilot or passenger intervention. Garmin Autoland is designed to provide the pilot, passenger, and air traffic control (ATC) with confidence and security that the aircraft will autonomously aviate, navigate, and communicate en route to a safe destination during one of the most dire situations – an inflight emergency in which the pilot is unable to perform their normal duties as pilot in command.

Garmin continues to work with aircraft manufacturers and operators to bring Autoland to additional aircraft, building on a proven record of certified, real-world capability and expanding access to the safety-enhancing technology across the aviation industry. For more information, visit Garmin.com/Autoland.

Garmin products and services have revolutionized flight and become essential to the lives of pilots and aircraft owners and operators around the world. A leading provider of solutions to general aviation, business aviation, rotorcraft, advanced air mobility, government and defense, and commercial air carrier customers, Garmin believes every day is an opportunity to innovate. Visit the Garmin Newsroom, email our media team, connect with @garminaviation on social, or follow our blog.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, G1000 and G3000 are registered trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 27, 2025, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of such Form 10-K are available at https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made, and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

MEDIA CONTACT:

Mikayla Rudolph

913-397-8200

[email protected] 

SOURCE Garmin International, Inc.

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Zayed National Museum's First Temporary Exhibition Explores 7,000 Years of Camel History

ABU DHABI, UAE, Oct. 14, 2026 /PRNewswire/ -- Zayed National Museum, the national museum of the UAE, announces its inaugural temporary exhibition, Tracks Through Time: The Camel in Society, Trade and Art. The world's first exhibition to comprehensively explore more than 7,000 years of camel history will open early December 2026, coinciding with the museum's first anniversary celebration.

Tracks Through Time examines the camel's role in society, trade networks and creative cultures of the UAE and the wider region, from the earliest evidence of wild camels on this land to the living traditions practised today.

The exhibition will include wild camel bones excavated from the archaeological site of Baynunah in Abu Dhabi dating to the Neolithic Period (4,500-4,000 BCE), on loan from Natural History Museum Abu Dhabi, alongside remains from Al Sufouh in Dubai dating back to the Bronze Age (2,500-1,300 BCE) loaned from Dubai Culture and Arts Authority. This is the first time that detailed evidence of the now-extinct wild camel species will be presented to the public.

Dr. Peter Magee, Director of Zayed National Museum, said: "We are excited to present our first temporary exhibition, which celebrates the camel's profound significance in Emirati culture and the broader story of the UAE. This exhibition represents our mission to deepen understanding of the UAE through original research and meaningful public engagement. Grounded in the latest scientific research and built through collaboration, the exhibition traces the unique archaeological evidence for the presence of wild camels in the UAE thousands of years ago, initial camel domestication in the UAE, camel-human bonds and daily life, culminating in the prestige of Al Hejin camel racing and Mazayna beauty competitions."

Also included are domesticated camel bones from the site of Saruq Al Hadid in Dubai, dating back to the Iron Age (2,000-1,300 BCE) loaned from Dubai Culture and Arts Authority. These remains provide some of the earliest evidence in the world for the taming and rearing of wild camels into a domesticated species.

Other highlights include a rare children's book detailing the different species of camel and their uses dating to the 1840s, examples of rock art depicting camels from Fujairah dating to 3,000 years ago and representations of camels in UAE postage stamps throughout the years. Audiovisual elements will present rare archival photography and film footage alongside recordings of Taghrooda and Alheda'a (camel calling), oral traditions inscribed on UNESCO's Representative List of the Intangible Cultural Heritage of Humanity, and oral testimonies from camel herders and community members.

Tracks Through Time will form part of a wider programme of activities and experiences marking the museum's first anniversary milestone. Visitors will be able to take part in exhibition-related workshops, activities, tours, alongside special anniversary programming across the museum, as well as enjoy a standalone retail offering inspired by the themes of the exhibition.

For images and more information about Zayed National Museum, please visit this folder.

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EP YAYING Debuts SS27 Collection at MODE Shanghai Fashion Week

SHANGHAI, Oct. 14, 2026 /PRNewswire/ -- EP YAYING will present its Spring/Summer 2027 collection at the 2027 Shanghai Fashion Week MODE trade show from October 8 to 12, 2026, at Booth F17-01, Tower T2, Jingyao Hongqiao, 688 Tianshan Road, Changning, Shanghai, marking the global buyer launch of its new season. As an international brand defined by high-end luxury positioning, EP YAYING anchors its MODE presentation around world-class materials, Chinese craftsmanship and cultural heritage, creating a buying space where international retailers can select, trace and order across materials, ateliers and full-scenario product lines.

For SS27, EP YAYING centers its material story on the "YAYING Three Treasures," reflecting the brand's deep commitment to natural materials and artisanal mastery. 6A-grade mulberry silk from the brand's organic sericulture base in Ningnan, Sichuan, is used for lightweight spring/summer silk apparel and textiles. Snowfield yak down continues the brand's supply-chain collaboration with Aba and Nagqu, using naturally collected fiber and low-dyeing processes for knitwear and light outerwear. Alashan "white-on-white" cashmere, at approximately 15.5 microns, is supported by a self-built ranch base and per-item QR traceability for premium knits and trans-seasonal pieces. Together, these three top-tier Chinese natural materials embody the brand's enduring commitment to making fine clothing with fine materials, upheld by generations of dedication and craftsmanship.

At the booth, EP YAYING will present five interconnected directions: the EP YAYING main line, Blue Label contemporary ethnic collection, Red Label high-end collection, shoes, bags and accessories, and home lifestyle. The main line covers elegant workwear, relaxed everyday dressing and fashion sport. Blue Label draws on the octagonal-star motif and Miao and Yi intangible cultural heritage patterns, developed through the embroidery and pleating ateliers for cultural-occasion dressing, carrying forward the legacy of Chinese ethnic traditions. Red Label uses peony and ruyi as heritage codes for elevated workwear, daily wear and social occasions. Shoes, bags, accessories and the home line complete the lifestyle offer, extending from apparel into tea, porcelain, silk textiles and garment care.

The brand operates three creative centers in Paris, Shanghai and Jiaxing respectively, together with its Traditional Chinese Garment Culture Research Building, and runs ateliers covering embroidery, pleating, handbags, footwear, cashmere outerwear and reconstruction. This system connects mulberry silk, yak down and cashmere from raw-material swatches and pattern drawings through to finished-garment craft, showcasing a profound heritage of craftsmanship and savoir-faire. For SS27, the display replaces heavy conceptual packaging with material swatches, physical craft samples and collection prototypes, helping international buyers read construction, made-to-order lead times and sustainable packaging more clearly.

EP YAYING first joined MODE in March 2026 and returns for this second consecutive participation. Through MODE's "See All • See Together" trade platform, the brand aims to deepen long-term partnerships with buyers from Europe, Southeast Asia, the United States and Central Asia, communicating Chinese materials, owned ateliers and multi-scenario product systems as professional assets — positioning its global growth around culture, material and craft rather than low-price export.

Founded in 1988 and rooted in Jiangnan, EP YAYING specializes in China's finest natural materials — mulberry silk, yak down and cashmere — supported by in-house ateliers, and creates high-quality lifestyle products for contemporary women across work, culture, daily life and home.

SOURCE EP YAYING

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