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Growbi Reveals New CPL vs CPA Strategy: Why Precision Beats Lead Volume

BusinessMagazine — Wed, 14 Oct 2026 14:02:00 +0000

Growbi has developed a new performance marketing strategy after identifying a growing disconnect between lead costs and actual acquisition outcomes, combining proprietary AI tools, creative testing, deeper funnel measurement and structured follow-up.

A New Customer Acquisition Model

AVENTURA, Fla., Oct. 14, 2026 (GLOBE NEWSWIRE) — Growbi has announced a new performance marketing strategy developed from patterns the agency identified across its campaign and customer acquisition operations. The agency found that optimizing primarily around cost per lead can provide an incomplete picture of performance. Lower-cost leads do not always translate into stronger qualification, attendance or customer acquisition, while campaigns with higher lead costs can sometimes produce better economics further down the funnel.

That finding became the foundation for a new approach developed by Growbi: shifting the focus from generating the cheapest possible lead to understanding and improving the full customer acquisition journey. The strategy connects creative testing, advertising, lead management, follow-up, qualification and later-funnel outcomes into one performance system centered on cost per acquisition.

The model was developed as advertising and marketing operations became increasingly automated. AI has accelerated creative production, campaign platforms can process a larger volume of creative options, and businesses have more opportunities to connect advertising activity with CRM and offline outcomes. Growbi’s strategy brings AI-assisted creative testing, CRM-linked measurement and structured lead follow-up together while keeping business outcomes at the center of optimization.

Why Growbi Shifted From CPL to CPA Optimization

Cost per lead (CPL) measures the advertising cost of generating an inquiry, while cost per acquisition (CPA) measures the cost of achieving a defined conversion outcome. Growbi continues to use CPL as a diagnostic measure, but the agency found that CPL alone can hide major differences in lead quality and downstream performance.

A simple comparison demonstrates the issue. A creative generating leads at $20 can appear stronger than one generating leads at $30. If only 20 percent of the first group becomes customers, however, the effective acquisition cost is $100. If 50 percent of the second group becomes customers, the effective acquisition cost is $60. In that example, the creative with the higher CPL produces the lower CPA.

Creative	CPL	Lead to customer	CPA
Creative A	$20	20%	$100
Creative B	$30	50%	$60

AI-Assisted Creative Testing

Creative testing is one of the central components of Growbi’s strategy. The agency has built internal AI tools and workflows to support creative analysis, concept development, performance data interpretation and repetitive marketing processes. These systems help the team identify patterns, develop new hypotheses and move from performance data into the next round of creative testing.

The objective is not simply to generate more advertisements. Growbi’s model emphasizes meaningful creative diversity by testing different hooks, concepts, customer problems, offers and formats. Producing many cosmetic variations of the same idea can increase asset volume without creating genuinely different tests. The strategy instead treats creative production as a continuous learning process.

AI is used as a decision-support and production layer rather than as a replacement for marketing judgment. Faster production has limited value if a team cannot determine which ideas are associated with better business outcomes. For that reason, Growbi connects creative testing with data from later stages of the customer journey.

CRM and Full-Funnel Conversion Measurement

Measurement is the second major component of the strategy. Growbi’s framework is designed to connect advertising activity with CRM and downstream outcomes so campaigns can be evaluated beyond the initial form submission.

Depending on the business, the relevant acquisition event may be a patient arrival, qualified appointment, opportunity or completed sale. The specific event changes, but the principle remains the same: performance measurement should move as close as practical to the outcome that creates economic value.

This deeper measurement also changes how creative and campaign decisions are evaluated. A campaign that generates a higher CPL may still deserve more budget if its leads qualify, attend or purchase at a significantly higher rate. Conversely, a low CPL may be misleading when later-funnel performance is weak.

How Structured Lead Follow-Up Influences CPA

The period immediately after a lead is generated is another part of the model. CRM workflows, SMS, email, automation and SDR processes are used to improve response consistency, qualification, booking and confirmation. These stages can materially affect CPA even when advertising spend and CPL remain unchanged.

Growbi therefore treats lead generation and lead management as connected parts of the same acquisition system. If a business improves the percentage of existing leads that reach the desired conversion event, it can lower acquisition cost without requiring cheaper traffic.

This approach is particularly relevant to appointment-driven businesses, including med spa marketing and home services, where response time, qualification and confirmation can influence whether an advertising lead becomes an actual customer. The same operating principle can be applied to B2B companies and longer sales cycles with different conversion events and measurement windows.

Case Study: From $16 CPL to $38.48 Cost per Patient Arrival

A campaign for Predire Champlain, a med spa, illustrates the model in practice. During a one-month period, the campaign generated 392 leads from $6,272 in Meta advertising spend, producing a $16 CPL. Of those leads, 163 arrived at the business, representing a 41.6 percent lead-to-arrival rate. With patient arrival defined as the conversion action for this case, the resulting cost per patient arrival was $38.48.

Metric	Result
Ad spend (Meta, 1 month)	$6,272
Leads	392
CPL	$16.00
Patient arrivals	163
Lead-to-arrival rate	41.6%
CPA (cost per patient arrival)	$38.48

The case demonstrates the distinction between lead generation efficiency and acquisition performance. The $16 CPL measured the cost of generating an inquiry, while the $38.48 CPA measured advertising spend against patient arrivals, not completed sales. Tracking both metrics created a clearer view of where performance was being gained or lost.

Growbi’s process combines creative testing, measurement, structured follow-up, qualification, confirmation and feedback from later-funnel stages. Rather than allowing those activities to operate as separate systems, the strategy is designed to use later outcomes to improve earlier advertising and creative decisions.

Connecting Advertising Data to Acquisition Outcomes

The feedback loop is a defining part of Growbi’s new strategy. Advertising produces leads, leads move through follow-up and qualification, and later outcomes generate information about the quality of the original marketing decisions. That information can then be returned to the advertising and creative process to guide the next round of testing.

This creates a different operating model from one that ends at lead generation. Creative performance can be evaluated not only by click or lead cost but also by the quality of the people generated and their progress through the funnel. Campaign allocation can then reflect downstream performance instead of relying on a single early-stage metric.

The framework also gives Growbi’s creative, media-buying and lead-management functions a shared measurement structure. Each stage contributes to the final CPA, allowing teams to identify whether the largest opportunity is in the advertisement, the offer, the funnel, response speed, qualification, confirmation or another part of the customer journey.

The Future of Performance Marketing

Growbi expects AI-assisted production and automation to continue increasing the speed at which campaigns can create and process marketing activity. The agency’s strategy is built around using that additional speed with deeper measurement and more precise decision-making.

CPL remains useful, but Growbi’s approach treats it as one part of a larger acquisition equation. The agency’s new strategy brings proprietary AI workflows, creative testing, lead management and full-funnel measurement into a single model designed to understand and improve the cost of the outcome that matters to the business.

The central principle behind the framework is precision. Rather than optimizing for the largest possible volume of inexpensive leads, Growbi’s model is designed to identify which combinations of creative, campaign decisions and downstream processes produce stronger acquisition economics and then use those signals to guide the next cycle of performance marketing.

Media Contact

Growbi
Phone: 754-344-7779
2950 NE 188th St, Unit 418, Aventura, FL 33180
Email: office@growbi.co

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Slick City Action Park Opens 50th Park as Expansion Accelerates Across the U.S. and Europe

BusinessMagazine — Wed, 14 Oct 2026 14:02:00 +0000

New park in Milford, Massachusetts, marks the milestone as the brand prepares to debut two additional European locations

Slick City Action Park

Slick City Action Park Manalapan, NJ

CHESTERFIELD, Mo., Oct. 14, 2026 (GLOBE NEWSWIRE) — Slick City Action Park, the world’s first indoor slide park featuring proprietary dry-slide technology, today announced the opening of its 50th park located in Milford, Massachusetts, marking a major milestone in the brand’s growth since its first park opened in Lakewood, Colorado, in 2022. Slick City has opened 25 locations in 2026 alone.

Founded in 2021 and franchising since early 2024, Slick City has grown into a network of corporate, affiliate and franchise parks serving families across the United States and Europe. As of September 2026, the brand had 173 locations signed or open globally and had recorded more than 6 million guest visits since its debut. Over 45% of those visits occurred in the preceding 12 months.

“Opening our 50th park just four years after our debut reflects the enthusiasm of our guests and the commitment of our entire Slick City community, from our franchise owners to our park teams,” said Bron Launsby, co-founder and CEO of Slick City. “Growth with alignment is key to success and stability. From the beginning, our focus has been on building more than a rapidly expanding brand. We’re building a franchise system where operational excellence, ongoing innovation and strong owner support work together to create lasting success. That’s the foundation guiding our next chapter of growth.”

That focus is guiding the company’s next phase of growth following a minority investment from Endeavour announced earlier this year. Slick City has grown its corporate team to over 150 employees and is investing in franchise support, business systems, technology (including a US-based call center) and operational infrastructure to support its expanding network of parks and franchise partners. Its vertically integrated affiliate, Slick Slide, serves as the dedicated manufacturing and research and development arm behind the brand’s signature attractions, supporting continued innovation across the growing park network.

Internationally, Slick City is building on its Nottingham, United Kingdom debut with parks launching in Gothenburg, Sweden and Vienna, Austria, in partnership with European indoor leisure group Activeon. Both are expected to open in late 2026. Activeon initially committed to developing at least 26 Slick City locations across the European Union, and the companies have identified more than 135 potential markets across Europe.

The Milford park, owned by local entrepreneur Elliot Field, is the first Slick City to open in Massachusetts, and sports 13 signature slides and attractions for a range of ages. The opening expands the brand’s footprint to 23 U.S. states. Additional U.S. parks are in the works in Vancouver, Washington; Boise, Idaho; Yorba Linda, California; and Ogden, Utah, extending the brand’s reach into new communities. Looking ahead, Slick City anticipates exceeding 60 locations open by the end of 2026 and more than 120 locations open by the end of 2027.

Designed to have all-ages appeal, Slick City combines large-scale slides, air courts and other active attractions with birthday parties, group outings and year-round entertainment. Slick Slide’s portfolio includes 21 unique slide designs, with modular construction that allows new designs to be introduced into existing parks.

Slick City also recently made its debut on the Franchise Times Top 400 at No. 388, earning the recognition in its first year of eligibility. The ranking adds to the brand’s momentum as it continues introducing its indoor slide park concept to new markets.

To find a park or learn more about franchise opportunities, visit www.slickcity.com

About Slick City Action Park
Founded in 2021 by Bron Launsby, Slick City’s mission is to combine proprietary “We’ve gotta do that!” attractions with an exceptional guest experience that inspires, engages and entertains thrill seekers of all ages. As the world’s first indoor slide park, Slick City offers a truly one-of-a-kind experience designed for everyone. Unlike other brands in the family entertainment industry, Slick City is built to bring all generations together. Through its partnership with Slick Slide Co., the brand continually innovates, regularly unveiling new slides and attractions while maintaining all innovation processes in-house. To date, 63 patents and patent applications have been filed for Slick City’s proprietary slide technology, with more on the way. With more than 173 locations signed, under construction or open globally, Slick City is rapidly expanding and building momentum. The company is seeking franchise partners with experience in business management, family entertainment or franchising who are ready to be part of the movement. To find the nearest location or to learn more about franchise opportunities, visit www.slickcity.com.

MEDIA CONTACT
RACHEL CHICK
MEKKY MEDIA RELATIONS
847-331-5861
SLICKCITYPR@MEKKYMEDIA.COM

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83893ad9-9dcf-412d-9fc9-3e5d90e032a0

PZZA DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Papa John’s International, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PZZA

BusinessMagazine — Wed, 14 Oct 2026 00:12:00 +0000

NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Papa John’s International, Inc. (NASDAQ: PZZA) between August 7, 2025 and August 5, 2026, both dates inclusive (the “Class Period”), of the important November 2, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Papa Johns common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Papa Johns class action, go to https://rosenlegal.com/cases/papa-johns-international-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 2, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or concealed material adverse facts concerning the true state of Papa Johns’ transformation; notably, that it was “taking longer than expected,” and ultimately was unable to prevent further market share losses. Papa Johns ultimately required a significant shift in strategy toward a sharp increase in promotional efforts to abate Papa Johns’ declining competitive position. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Papa Johns class action, go to https://rosenlegal.com/cases/papa-johns-international-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

INTELLIGENCE, ENLIGHTENED: LUXEED Global Brand Launch Kicks Off a New Chapter

BusinessMagazine — Tue, 13 Oct 2026 23:50:00 +0000

Brand Vision, Two Flagships and Global Strategy Take the Stage in Wuhu, China

WUHU, China, Oct. 13, 2026 (GLOBE NEWSWIRE) — On October 21, the LUXEED Global Brand Launch will take center stage at Shenshan Zhigu, Wuhu, Anhui, China. Held under the theme “INTELLIGENCE, ENLIGHTENED,” the event will bring together the brand’s core identity, avant-garde design language, product prowess, and global strategy—presenting in full LUXEED’s vision and brand identity for the global market.

As intelligent technology advances at an unprecedented pace, the very benchmarks of luxury are being rewritten. Today’s Pioneers with Power refuse to compromise among Extreme Driving Pleasure, Beyond-Class Enjoyment and Ultimate Intelligence—expecting all three to be delivered as one seamless, holistic mobility experience. On October 21, LUXEED will set out to answer the defining questions of this moment: Who defines the new luxury? How is engineering translated into tangible user experiences? And where is the brand headed next?

A Brand Rooted in the Moment

The launch will trace the arc of change sweeping across the mobility industry. A deputy general manager from Chery International will articulate LUXEED’s brand positioning, vision, mission, target audience, and value proposition—unveiling the three values at the heart of the brand: Extreme Driving Pleasure, Beyond-Class Enjoyment and Ultimate Intelligence.

Where Design and Engineering Converge

Two LUXEED flagships will make their global debut. The stage will blend physical and digital elements to bring two distinct ownership scenarios to life: refined executive travel and intelligent driving performance. LUXEED’s design chief will decode the AERO WING design philosophy, while the product director will trace three key narrative threads—the intelligent cockpit, intelligent driving assistance, and chassis architecture—translating engineering into experiences that drivers can truly feel.

A Global Roadmap Takes Shape

Following the launch, a series of in-depth immersive experiences—including media test drives and visits to the LUXEED Gigafactory—will roll out in succession, putting LUXEED’s capabilities to the test on both the road and the production line.

October 21. Shenshan Zhigu, Wuhu, China.

INTELLIGENCE, ENLIGHTENED.

LUXEED’s answer is about to be revealed.

Media Contact
LUXEED International
Ms. Wu Yi
Email: wuyi@luxeedinternational.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/bebf66a8-1fd9-46da-8490-0ab079455f93

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Lantronix Introduces Spotter to Close the Compute Gap Holding Back Drone and Robot Autonomy

BusinessMagazine — Tue, 13 Oct 2026 11:05:00 +0000

Purpose-built, production-ready robotics platform combines onboard AI, vision, sensing and flight control at the size, power and cost small autonomous vehicles demand

Lantronix Spotter

Lantronix Spotter robotics platform featuring onboard AI, vision, sensing and vehicle control for autonomous drones and unmanned systems.

IRVINE, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) — Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge Intelligence and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today introduced Spotter, a compact, cost-effective robotics platform that gives drone and robot makers the onboard compute, sensing and vehicle control to run autonomy. Lantronix is previewing Spotter this week at AUSA 2026 in Washington, D.C., with availability in the fourth quarter of calendar 2026.

Autonomy has become the defining requirement for unmanned systems, as operators manage more vehicles at once and coordinated swarms move from demonstrations to deployment. Yet a gap in the compute market has left builders with two poor options: low-end embedded boards that can’t run meaningful AI, or GPU platforms whose cost, power and size make little sense for small, often attritable vehicles. Too many autonomy programs stall in that gap. Spotter was built to close it.

“Drone and robotics companies shouldn’t have to choose between a board that can’t think and a platform they can’t afford to put on every vehicle,” said Saleel Awsare, president and CEO of Lantronix. “Spotter gives them the right amount of AI at the right size, power and cost, so they can stop wrestling with hardware and start deploying autonomy.”

Built for Autonomy, Not Adapted to It

Powered by the Qualcomm® Dragonwing QCS6490, Spotter delivers up to 12.5 TOPS of AI performance at single digit watts on a 42 x 120 mm board. Unlike general-purpose development kits, it is engineered for drones and mobile robots, combining AI, vision, flight-grade sensing and vehicle control on one board. It retrofits into existing aerial, ground and maritime platforms or anchors new designs, supports PX4, ArduPilot, Betaflight and MAVLink, and leaves customers in full control of their own autonomy and mission software. Built on the Lantronix Open-Q 6490 system on module and backed by Lantronix unmanned systems engineering services, Spotter gives OEMs a production-ready path from prototype to fielded fleet. Spotter builds on a track record defense programs already trust, with Lantronix compute flying today in Blue UAS–approved drones.

“With Spotter, Lantronix moves from supplying compute to delivering the platform autonomy is built on,” said Awsare. “Customers can fly on day one and focus their engineers on the software that sets their vehicles apart.”

Availability

Spotter will be available in the fourth quarter of calendar 2026. To learn more or request a demonstration, visit lantronix.com/spotter.

About Lantronix
Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge Intelligence and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks. It delivers intelligent computing, secure connectivity and remote management for mission-critical applications, enabling customers to optimize operations, enhance security and accelerate digital transformation. Its comprehensive portfolio of hardware, software and services powers applications ranging from mission-critical autonomous platforms and edge analytics for critical infrastructure to intelligent surveillance and secure network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security and a competitive edge in today’s AI-driven world. For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning the expected availability, features, performance and benefits of Spotter, customer demand for Edge Intelligence platforms for autonomous systems, and Lantronix’s positioning to capitalize on opportunities in the drone, robotics and defense technology markets. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; changes in defense spending or procurement programs, including the Drone Dominance Program; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2026, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 27, 2026, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

©2026 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark, and Open-Q is a trademark, of Lantronix, Inc. Qualcomm and Qualcomm Dragonwing are trademarks or registered trademarks of Qualcomm Incorporated. Other trademarks and trade names are those of their respective owners.

Investor Contact:
Matt Glover and Greg Robles
Gateway Group, Inc.
LTRX@gateway-grp.com

Media Contact:
Diana Puckett
PRforLantronix@Bospar.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/83f52147-d56d-4b00-b8d9-133ea28619b1

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a51f6d01-e789-4dfc-9c00-eb75a9cb0018

Ever After Foods and Roslin Technologies Achieve Major Leap in Cultivated Meat Productivity

BusinessMagazine — Tue, 13 Oct 2026 11:00:00 +0000

Collaboration Demonstrates Substantially Higher Protein and Biomanufacturing Productivity While Producing Structured Cultivated Tissue

HAIFA, Israel and EDINBURGH, Scotland, Oct. 13, 2026 (GLOBE NEWSWIRE) — Ever After Foods (EAF) and Roslin Technologies today announced results from their joint cultivated meat production program. Combining Roslin Technologies’ advanced cell platform with Ever After Foods’ proprietary Edible Packed Bed (EPB) technology, the companies demonstrated substantial gains in protein and biomass productivity while producing structured tissue directly within a scalable and food-grade process.

For more than a decade, increasing cell density has been a primary focus for the cultivated meat industry. However, cell expansion is only one part of the manufacturing challenge. Commercial production ultimately depends on how efficiently those cells can produce edible protein, biomass and structured tissue.

“The industry has become very good at growing cells, but cells are not the final product. What matters commercially is how efficiently those cells can produce edible protein and tissue,” said Eyal Rosenthal, CEO of Ever After Foods. “What is particularly important in these results is that the improvement went well beyond simply increasing cell density. The cells produced substantially more protein and biomass on a per-cell basis. This points to a broader way of thinking about cultivated meat productivity: how much edible protein and tissue the cells ultimately produce, rather than cell count alone.”

The EAF platform achieved cell density above 150 million cells/ml and volumetric productivities of 326gr/L wet biomass, 57gr/L dry biomass and 40gr/L cultivated protein. Producing structured cultivated tissue directly on PlantriX, EAF’s proprietary edible scaffold, these results demonstrate 19 times higher dry biomass, 19 times higher cultivated protein productivity and 11 times higher wet biomass productivity compared to the same cells grown in the stirred-tank suspension benchmark. The results indicate that the productivity improvement came from achieving 5 times higher cell density, as well as increasing the amount of protein and dry biomass produced by each cell by 4 times. Importantly, all productivity and composition metrics reported were achieved with an edible plant-based scaffold representing less than 2% of the final product by weight. All wet biomass, dry biomass, and protein values were calculated after excluding the scaffold and media contribution, ensuring that the reported results reflect only cultivated cell-derived material.

“Commercial cultivated meat production requires both robust cell biology and manufacturing technologies capable of translating that biology into productive tissue formation. Our collaboration results demonstrate the versatility of our porcine pluripotent stem cells across bioreactor systems and the opportunity to achieve substantial gains in productivity in EAF’s tissue-production environment. The collaboration provides an encouraging example of how complementary technologies can be integrated to address key scale-up challenges,” added Ernst van Orsouw, CEO, Roslin Technologies.

The collaboration demonstrates how complementary cell and manufacturing technologies can support an integrated production approach. Combining Roslin’s cell platform with EAF’s tissue-production technology provides a path from cell expansion through structured tissue production and manufacturing scale-up. For more details on the tests and results, please contact info@everafterfoods.com.

EAF and Roslin are now building on the results through additional development and scale-up work to advance the combined cell and tissue-production platform.

About Ever After Foods
Ever After Foods is an industrial technology company building the next generation of protein manufacturing infrastructure. Its platform integrates biology, media, bioprocess engineering and advanced manufacturing technologies into scalable production systems that enable food and ingredient companies to produce next-generation proteins efficiently, sustainably and at industrial scale. By combining internal innovation with selective technology integration, Ever After Foods is building a platform designed to strengthen the resilience, scalability and long-term security of global protein production. Learn more at https://everafterfoods.com/.

About Roslin Technologies
Roslin Technologies develops advanced animal cell technologies and cell lines for the cultivated meat sector. The cells come with the know-how and services to grow cells into cultivated meat at scale. The company is working with cultivated meat producers and established food companies across North America, Latin America, Europe, Asia and the Middle East.

Media Contacts
EAF
Erica Camilo
erica@connexacommunications.com
+1 610 639 5644

Roslin Technologies
Ernst van Orsouw
Ernst.vanorsouw@roslintech.com
+44 791 893 5538

Fluence Energy, Inc. Investors: November 27, 2026, Filing Deadline in Securities Fraud Class Action – Contact Kessler Topaz Meltzer & Check, LLP

BusinessMagazine — Mon, 12 Oct 2026 21:50:00 +0000

Did you buy FLNC securities between November 24, 2025 and September 16, 2026?

Affected FLNC Investor Summary

Who: Fluence Energy, Inc. (NASDAQ: FLNC)
What: Securities fraud class action lawsuit filed
Class Period: November 24, 2025 through September 16, 2026
Deadline to Seek Lead Plaintiff Status: November 27, 2026
Key Lawsuit Allegations: Material misstatements and/or omissions concerning the company’s ability to meet its financial guidance
Investor Action: Contact Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) for recovery options

RADNOR, Pa., Oct. 12, 2026 (GLOBE NEWSWIRE) — Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Fluence Energy, Inc. (Fluence Energy) (NASDAQ: FLNC) on behalf of those who purchased or acquired Fluence Energy securities between November 24, 2025 and September 16, 2026, inclusive. The lawsuit is filed in the United States District Court for the Southern District of New York and is captioned Hatweek v. Fluence Energy, Inc., No. 26-cv-08475 (S.D.N.Y.). Investors have until November 27, 2026, to file for lead plaintiff status.

CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS:
If you purchased or acquired Fluence Energy securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/flnc-fluence-energy-inc-class-action-lawsuit?utm_source=Globe&utm_medium=pressrelease&utm_campaign=flnc&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at info@ktmc.com. There is no cost or obligation to speak with an attorney.

To view the Fluence Energy video on YouTube, click here: https://youtu.be/Hmn8AUJTqQQ

FLUENCE ENERGY, INC. CLASS ACTION LAWSUIT – COMPLAINT ALLEGATION SUMMARY:
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Fluence Energy’s ability to deliver its backlog and recognize the revenue underlying its fiscal 2026 guidance depended on new contract manufacturing facilities, including facilities that were not completed, not operational, and/or not capable of producing at the volumes the company’s guidance assumed; (2) the corrective measures Fluence Energy had implemented to address production problems at its contract manufacturers were not resolving those problems, which continued and extended to the company’s new facilities; and (3) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Why did Fluence Energy’s Stock Drop?
On February 4, 2026 and August 5, 2026, Fluence Energy reported disappointing quarterly financial results, including GAAP gross profit margin declines, an increase in net losses, and weaker than expected revenue. As a result, Fluence Energy’s stock price fell significantly and the company slashed its fiscal year 2026 revenue guidance and its adjusted EBITDA guidance.

Then, on September 16, 2026, Fluence Energy announced through a mid-quarter guidance update that the company was cutting its full year revenue guidance by approximately $600 million to $2.4 billion. Additionally, Fluence Energy further cut its full year adjusted EBITDA guidance from negative $10 million to negative $200 million, attributed to “delays in the ramp-up of our contract manufacturing facility.” On this news, Fluence Energy’s stock price fell $1.39 per share, or 15.36%, to close at $7.66 per share on September 17, 2026.

WHAT FLUENCE ENERGY, INC. INVESTORS CAN DO NOW:

File to be lead plaintiff by November 27, 2026.
Contact KTMC for a free case evaluation. All representation is on a contingency fee basis, there is no cost to you.
Retain counsel of choice or take no action.

THE LEAD PLAINTIFF PROCESS FOR FLUENCE ENERGY, INC. INVESTORS:
Fluence Energy investors may, no later than November 27, 2026, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages Fluence Energy investors to contact the firm for more information.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC):

Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500’s Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. The complaint in this matter was not filed by KTMC.

CONTACT:

Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
info@ktmc.com

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

Inseego Brings Flexible Multi-WAN Resilience to Wireless Broadband Offerings

BusinessMagazine — Mon, 12 Oct 2026 21:28:00 +0000

Demonstrated on the Inseego Wavemaker FX4200 at Network X, the capability gives operators flexible connectivity and failover options at a price point suited to business and residential broadband offerings

VIENNA, Oct. 12, 2026 (GLOBE NEWSWIRE) — Inseego Corp. (Nasdaq: INSG) today introduced intelligent multi-WAN control software for its portfolio of SD-WAN appliances, making resilient connectivity across multiple broadband sources simpler and more accessible for operators and their customers. The capability provides intelligent traffic handling across outdoor 5G receivers, low Earth orbit satellite terminals, fiber, other wired broadband connections, and integrated cellular WAN links.

Operators can offer failover and traffic prioritization tailored to each customer’s available connections, at a price point typical of simpler, single-link solutions. This flexibility supports customers ranging from businesses with unreliable, wired service to rural homes that rely on satellite because they are beyond the reach of 5G coverage.

“Operators need the flexibility to address different customer needs while keeping their broadband offerings commercially attractive,” said Ryan Sullivan, Chief Product Officer of Inseego. “We’re bringing those needs together, allowing operators to dynamically manage the connections available at each location at a price point that makes resilient broadband accessible to more businesses and homes.”

Automatic failover and recovery

The new capability enables Inseego SD-WAN appliances, such as the Wavemaker FX4200, to manage multiple WAN links according to configured priorities. The system continuously monitors WAN availability and stability. As WAN sources become unavailable or are restored, the system automatically selects the active connection based on criteria defined by the customer or operator, whether fiber, fixed wireless, satellite, or integrated cellular. Link verification helps to ensure a stable connection and minimize disruption without manual intervention.

This multi-WAN link diversity approach is designed for mission-critical environments where uptime is essential, including remote sites, transportation, industrial deployments, and enterprise edge networks. By integrating multiple heterogeneous WAN sources into a single intelligent routing framework, the solution provides organizations with greater resilience, flexibility, and operational continuity.

Cloud management through Inseego Connect

Operators and business customers can configure the solution through Inseego Connect, Inseego’s cloud-based management platform. Operators can include these capabilities in their managed-service offerings or give business customers control to manage their own configurations.

Combining Inseego’s indoor and outdoor portfolio

These multi-WAN capabilities build on Inseego’s extensive portfolio of indoor FWA and SD-WAN products and its recently expanded outdoor 5G receiver portfolio following the acquisition of Nokia’s fixed wireless access business, including FastMile.

For example, operators can pair the Wavemaker FX4200’s intelligent multi-WAN capability with Inseego’s FastMile outdoor receivers, which deliver sub-6 GHz or millimeter wave cellular broadband into the premises through an Ethernet connection. Together, these products provide indoor routing, outdoor cellular reception, and cloud management all from one vendor, with the flexibility to incorporate satellite or other broadband services. This combination extends the value of Inseego’s expanded portfolio across both business and residential deployments.

Inseego will demonstrate the capability on the Wavemaker FX4200 at its Network X booth, showing prioritized failover and recovery across multiple WAN connections under simulated link failures.

About Inseego

Inseego is a global leader in wireless broadband, delivering fast, reliable connectivity to homes, businesses, and people on the move. With the acquisition of Nokia’s FastMile fixed wireless access product, Inseego offers one of the industry’s broadest cellular broadband portfolios, spanning fixed wireless gateways, mobile hotspots and routers, enterprise and industrial gateways, and cloud-based device, network, and subscriber management software. Backed by decades of wireless engineering expertise across 5G, Wi-Fi, antenna design, and cloud software, Inseego partners with mobile network operators worldwide to deliver connectivity at scale. Headquartered in San Diego, California, Inseego has offices in Amsterdam, Bangalore, and Athens. Learn more at www.inseego.com.

Media Relations Contact:

pr@inseego.com

BROAD ARROW ZOUTE CONCOURS SALE BECOMES THE HIGHEST GROSSING COLLECTOR CAR AUCTION IN BELGIAN HISTORY

BusinessMagazine — Mon, 12 Oct 2026 08:15:00 +0000

Broad Arrow celebrating success of second annual Zoute Concours Auction in collaboration with Zoute Grand Prix with €34.6 million in total sales and 91 percent sell-through rate | 2015 Ferrari LaFerrari the most valuable car ever sold at auction in Belgium with a final price of €5.181.250 | 2015 Porsche 918 Spyder Weissach Package and 2015 McLaren P1 complete ‘Holy Trinity’ sale | Unique BMW M5 W10 prototype driven by Dr. Ferdinand Piëch breaks world record for price of an E39 BMW at €411.250 | Complete results from Broad Arrow’s Zoute Concours Auction now available at broadarrowauctions.com

The “Holy Trinity” of modern hypercars that headlined top sales at Broad Arrow’s record-setting 2026 Zoute Concours Auction

Credit – Courtesy of Broad Arrow Auctions

A snapshot of the packed auction room at Broad Arrow’s 2026 Zoute Concours Auction in Knokke-Heist during Zoute Grand Prix Car Week

Credit – Courtesy of Broad Arrow Auctions

BICESTER, United Kingdom, Oct. 12, 2026 (GLOBE NEWSWIRE) — Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is celebrating the record-setting success of its second annual Zoute Concours Auction, which took place on Friday 9 October 2026 at Approach Golf in Knokke-Heist, Belgium as an official auction partner of the renowned Zoute Grand Prix.

A packed room was treated to a highly charged atmosphere as bids got underway on more than 90 lots in a carefully curated catalogue that featured everything from desirable classic cars to icons of the modern hypercar world. The number of registered bidders increased by over 44 percent compared to the inaugural auction in 2025, more than a third of which were bidding with Broad Arrow for the first time. Bidders hailed from 33 countries around the world and the final results represented the highest grossing collector car auction in Belgian history with total sales of €34.6 million and a sell-through rate of 91 percent.

“Our second Zoute Concours sale was a spectacular success, setting new records not just for the incredible cars but for the overall auction value itself,” says Gregory Tuytens, Head of Consignments, Belgium and The Netherlands at Broad Arrow Auctions. “This is testament to our incredible team who curated a world-class catalogue and to our valued buyers and sellers who again put their trust in us. We are enormously grateful to them and to the organisers of the Zoute Grand Prix and look forward to returning to Knokke-Heist again in 2027.”

The biggest stars of the auction were the ‘Holy Trinity’ of the Ferrari LaFerrari, McLaren P1 and Porsche 918 Spyder, all of which led to excited bidding online and in the room. The first of the famous trio to sell, the 2015 McLaren P1 achieved €1.890.625, followed by the stunning 2015 Porsche 918 Spyder Weissach Package in unique Individualfarbe Paint-to-Sample Sport Classic Grey over Espresso leather, which sold for €3.212.500. Completing the trio and the final lot in the auction was a rare Grigio Ferro Metallizzato 2015 Ferrari LaFerrari. Bidding opened at €2.000.000 and quickly rose to €4.000.000 as the crowded room went quiet. Thunderous applause drowned out the sound of the rain outside as the hammer finally fell on this modern Maranello marvel, which set a record for the most valuable collector car sold at auction in Belgium with a final price of €5.181.250.

Genuine rarities in the sale created great excitement as bidders fought to add something unique to their collections. Topping the list was a 2000 E39 BMW M5 in which Dr. Ferdinand Piëch had a Volkswagen W10 engine installed, the engine that formed the basis of the famous Bugatti W16. Only three prototype engines were built and this is the only car in which it was installed. The car was then used by Dr. Piëch as his personal car during the engine’s development. Intense international interest in this truly unique BMW saw it sell for €411.250, setting a new world record for the sale of any E39 BMW and making it the most valuable non-charity M5 ever sold at auction. A 1976 Lancia Kimera EVO37, one of only 37 examples of this superb reinterpretation of the legendary Lancia Rally 037 sold for €1.131.250. Another extremely rare car was the 1990 Monte Carlo Automobile Centenaire, the second of just 16 examples produced in collaboration with Lamborghini and the very first road car with a carbon fibre monocoque chassis. It found a new home at €821.875.

Aston Martins proved to be a marque in demand, particularly those of the more modern era as bids for a 1987 Aston Martin V8 Vantage X-Pack shot through the upper estimate faster than James Bond to sell for €647.500, setting a new auction record for a V8 Vantage Coupe. A 1997 Aston Martin Virage 6.3 Volante Wide Body then eclipsed its upper estimate, selling for €264.500.

Other highlights included a 2005 Porsche Carrera GT finished in Guards Red, the rarest colour for this turn of the century supercar which sold for €2.762.500. One of the greatest modern Porsche 911 models, a 2016 Porsche 911 R far surpassed its upper estimate at €540.625. A poster car of the 1990s supercar era, a 1992 Jaguar XJ220 achieved €512.500 and a 1992 Lamborghini Diablo far exceeded its upper estimate, selling for €343.750.

Provenance always plays a crucial role in the value of collector cars and the Zoute Concours Auction featured the cars of automotive, sporting, and European royalty. A 2000 BMW Z8 formerly owned by seven-time Wimbledon tennis champion, Pete Sampras, sold for €287.500, while a 1951 Cadillac Series 62 convertible that once belonged to Belgium’s King Baudouin sold for €44.850.

Automobilia also attracted a great deal of interest with an original ex-Allan McNish 2002 Toyota Formula One engine far exceeding its upper estimate at €50.000 and a bidding battle for two 1960s Porsche Junior Sport Toboggans saw them glide through their upper estimate to sell for €5.625.

“The atmosphere in the room for our Zoute Concours Auction was incredible,” says Joe Twyman, VP of Sales, Broad Arrow EMEA Region. “From automobilia to iconic classic collector cars and the world’s most desirable hypercars in the ‘Holy Trinity’, this was surely the greatest collector car auction Belgium has ever seen.”

Top Ten Sales – Broad Arrow 2026 Zoute Concours Auction

Lot 193 | 2015 Ferrari LaFerrari – €5.181.250
Lot 173 | 2015 Porsche 918 Spyder Weissach Package – €3.212.500
Lot 146 | 2005 Porsche Carrera GT – €2.762.500
Lot 129 | 2015 McLaren P1 – €1.890.625
Lot 130 | 2022 Ferrari 812 Competizione – €1.496.875
Lot 121 | 2010 Ferrari 599 GTO – €1.131.250
Lot 158 | 1976 Lancia Kimera EVO37 – €1.131.250
Lot 136 | 1964 Ferrari 250 GT Berlinetta Lusso – €1.075.000
Lot 122 | 1957 Mercedes-Benz 300 SL Roadster – €1.041.250
Lot 123 | 2020 Ferrari 488 Pista Piloti Ferrari – €838.750

Zoute continues to be the centre of attention for collectors with the ongoing Global Icons: Zoute Online Auction, closing for bidding on 14 October. Broad Arrow’s 2026 European calendar will then move to the Zürich Auction, taking place on 7 November. Interested bidders are invited to contact a Broad Arrow Car Specialist via info@broadarrowauctions.com or by calling +44-2045-920-16.

Further details, high-res images and interviews with Broad Arrow Executives and Specialists available on request.

Ends.

Editor’s Notes

Photo Credit: All images Courtesy of Broad Arrow Auctions.

About Broad Arrow Auctions

Broad Arrow Auctions, driven by Hagerty (NYSE: HGTY), is a leading global collector car auction house founded in 2021 by industry veterans. As the fastest-growing auction house in its segment, Broad Arrow connects exceptional collector cars with enthusiasts worldwide through flagship events including The Broad Arrow Quail Auction (the official auction of The Quail by The Peninsula, A Motorsports Gathering), The Amelia Auction (the official auction of The Amelia Concours), The Porsche Auction in collaboration with Air | Water by Luftgekühlt, the Las Vegas Auction in partnership with Concours at Wynn Las Vegas, as well as international auctions held in partnership with Concorso d’Eleganza Villa d’Este, Zoute Grand Prix, and Auto Zürich.

Learn more at broadarrowauctions.com and follow us on Instagram, Facebook, LinkedIn, and Twitter.

About Hagerty, Inc. (NYSE: HGTY) 

Hagerty is a company built by drivers for drivers, protecting 2.8 million vehicles in the United States, Canada and the UK. We make it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love through innovative insurance products, live and digital auctions, engaging media and events, as well as the Hagerty Drivers Club, the world’s largest community of car lovers. For more information, please visit www.hagerty.com or www.newsroom.hagerty.com.

The Hagerty Automotive Intelligence team uses their collector car expertise to analyse Hagerty’s massive trove of public auction results, private sales and insurance data, and buyer and seller behaviour. Learn more about how we collect our data at hagerty.com/valuation-tools.

Forward-Looking Statements – This press release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. All statements provided, other than statements of historical fact, are forward-looking statements, including those regarding Hagerty’s future operating results and financial position, Hagerty’s business strategy and plans, products, services, and technology implementations, market conditions, growth and trends, expansion plans and opportunities, and Hagerty’s objectives for future operations. The words “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “ongoing,” “contemplate,” and similar expressions, and the negative of these expressions, are intended to identify forward-looking statements.

Hagerty has based these forward-looking statements largely on current expectations about future events, which may not materialize. Actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. These factors include, among other things, Hagerty’s ability to: (i) compete effectively within our industry and attract and retain our insurance policyholders and paid Hagerty Drivers Club (“HDC”) subscribers; (ii) maintain key strategic relationships with our insurance distribution and underwriting carrier partners; (iii) prevent, monitor, and detect fraudulent activity; (iv) manage risks associated with disruptions, interruptions, outages or other issues with our technology platforms or our use of third-party services; (v) accelerate the adoption of our membership and marketplace products and services, as well as any new insurance programs and products we offer; (vi) manage the cyclical nature of the insurance business, including through any periods of recession, economic downturn or inflation; (vii) address unexpected increases in the frequency or severity of claims, and (viii) comply with the numerous laws and regulations applicable to our business, including state, federal and foreign laws relating to insurance and rate increases, privacy, the internet, and accounting matters.

The forward-looking statements herein represent the judgment of Hagerty as of the date of this release and Hagerty disclaims any intent or obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise. This press release should be read in conjunction with the information included in Hagerty’s other press releases, reports and other filings with the Securities and Exchange Commission. Understanding the information contained in these filings is important in order to fully understand Hagerty’s reported financial results and its business outlook for future periods.

Attachments

CONTACT: Ian Kelleher Broad Arrow Auctions +1 917-971-4008 ikelleher@hagerty.com Meghan McGrail Broad Arrow Auctions +1 519-365-8750 mmcgrail@hagerty.com

Crypto News: Remittix Opens PayFi to 1,000 Holders as Bitcoin Price Prediction Explodes to $200,000 and Solana’s 200ms Upgrade Fuels a $300 SOL Target

BusinessMagazine — Sun, 11 Oct 2026 17:00:00 +0000

Remittix advances its crypto-to-bank platform into real-user testing as ambitious Bitcoin and Solana forecasts intensify interest in payment-focused digital assets

MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) — Remittix has opened PayFi access to 1,000 invited RTX holders, moving its crypto-to-bank payment platform into a hands-on testing phase ahead of the scheduled November 24, 2026 token launch.

Invited participants can test EUR and USD routes while Remittix prepares additional currencies, assets and networks. The rollout lets users experience crypto-to-bank settlement before wider availability.

The milestone arrives as Bitcoin price prediction models extend toward $200,000 and Solana completes a major speed upgrade targeting 200-millisecond block times. Both developments reflect the scale of crypto’s next adoption cycle, but Remittix offers an earlier opportunity through a utility ecosystem approaching its first public-market launch.

Remittix Opens PayFi to 1,000 Invited Holders

Remittix PayFi is designed to remove the complexity that often separates cryptocurrency from everyday financial activity. A sender can fund an eligible transaction with supported digital assets while the intended recipient receives conventional currency through a compatible bank account.

The current testing phase supports crypto-to-fiat and fiat-to-crypto activity through EUR and USD routes. USDT and USDC are available across selected networks including Ethereum, Celo, Base and Polygon, with wider asset and currency support planned.

This model could serve freelancers, overseas suppliers, families sending remittances and crypto holders withdrawing portfolio value. Recipients do not need to manage tokens, exchanges or complicated off-ramps.

A Connected Ecosystem Strengthens the RTX Story

The Remittix ecosystem extends beyond payments. Its iOS wallet has recorded over 10,000 downloads, an Android edition is awaiting approval and a planned rebuild will connect the project’s major products.

Its trading platform, Remittix Markets, is already used by thousands of traders, offers hundreds of perpetual pairs and has processed more than $50 million in volume. Remittix Earn is approaching release with advertised yields of up to 22% APY on eligible crypto and stablecoin holdings.

Combining payments, asset management, derivatives trading and earning could give RTX multiple sources of recurring demand. A user entering the ecosystem to make a transfer could remain to trade, hold assets or access earning opportunities without moving capital between separate platforms.

Bitcoin Price Prediction Hits $200,000 as Solana Targets $300

Bitcoin recently traded near $83,000 after rebuilding liquidity and institutional demand during 2026. A $200,000 Bitcoin price prediction implies approximately 141% upside from that level and reflects an aggressive scenario driven by ETF adoption, corporate treasury demand and Bitcoin’s fixed supply.

Solana recently traded near $110, making $300 a potential 173% move. Its 200-millisecond block-time upgrade completes a series of cuts from 400 milliseconds and creates up to five block-production opportunities per second.

Bitcoin and Solana require substantial capital to deliver those returns. Remittix enters the same market from a much earlier stage, with PayFi already being tested before RTX reaches public exchanges.

The RTX Pre-Launch Window Is Narrowing

Remittix has raised more than $32 million from over 40,000 participants toward its $36 million hard cap. RTX is currently available at $0.23, while $0.46 is the announced final presale price and planned minimum exchange launch price.

With the November 24 date locked and invited users now testing PayFi, the remaining presale allocation represents the final entry period before open-market trading begins. Remittix is approaching that moment with payments, Markets, wallet adoption and Earn converging around a single token economy.

About Remittix

Remittix is developing a connected PayFi ecosystem for crypto-to-bank and bank-to-crypto transactions. Its products include international payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.

Website: https://remittix.io

X: https://x.com/remittix

Media Contact
Company: Remittix
Email: marketing@remittix.io

Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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