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Deploys BluWave-ai EV Everywhere and Energy Storage Autopilot to Mitigate EV Load on the Grid, Enabled by IESO’s Grid Innovation Fund

OTTAWA, ON / ACCESS Newswire / October 2, 2025 / BluWave-ai and Area X.O, a multi-sector research and development complex founded by Invest Ottawa, announced the deployment of a groundbreaking project to optimize the performance of grid-scale batteries using BluWave-ai EV Everywhere™ and BluWave-ai Energy Storage Autopilot to manage grid congestion. The project is co-funded by the Independent Electricity System Operator (IESO), and partnered with Hydro Ottawa and Moment Energy.

The BluWave-ai technology suite uses AI prediction and optimization in real-time to intelligently manage battery energy storage systems (BESS) in conjunction with electric loads, particularly Electric Vehicles (EV). This will mitigate the growing electricity load from all sources spiked by the massive onboarding of EVs in the grid. Implementing these AI-driven solutions is anticipated to save costly distribution of grid infrastructure upgrades. The International Energy Agency (IEA) estimates that the global digitization of power networks, largely driven by AI, could save $1.8 trillion by 2050 in grid investment deferment.

This project involves the operation of two separate BESS, in partnership with Hydro Ottawa and Moment Energy. One battery is strategically located at Area X.O, functioning as a behind-the-meter system, while the second is installed at the Hydro Ottawa Dibblee Road facility, operating as a front-of-meter deployment.

The core purpose of this project is to address a critical challenge: the increasing deployments of EVs and the significant demand they place on the distribution grid, often during peak times. Based on projections, the number of zero-emission light-duty vehicles on the road in Canada is expected to grow from approximately 901,000 today to 5 million by 2030. If all these EVs were to charge simultaneously at a typical rate of approximately 7 kW (level 2 charging), the total power needed would be 35,000 megawatts (MW), about the total production capacity of Ontario.

By 2030, Canada’s grids face a potential peak demand of 5GW from EV charging, an amount comparable to the power generated by 17 small nuclear reactors (SMR); by then, only one such reactor is expected to be operational. This practical challenge is highlighted by BluWave-ai’s current data, which shows 15% of vehicles are already grid-connected. To help manage this challenge to the grid, earlier this year BluWave-ai announced the EV Everywhere Pan-Canadian Infrastructure cube which is coordinating EVs with Grids across the country. This current project further enhances this platform by integrating with batteries directly within distribution.

This overall initiative is a new way of thinking about the grid. The combined energy storage of these 5 million vehicles, assuming an average battery size of 63 kWh, would amount to 315,000 megawatt-hours (MWh) or 315 giga watt-hours (GWh).This greatly exceeds the projected total Canada-wide grid-scale battery storage. In Ontario , the IESO is planning for 3GW / 12 GWh, However this project creates the possibility of additional storage not just via EV’s but also stationary storage in the distribution grid.

“This highlights the immense potential of EVs to serve as a decentralized mobile battery fleet, offering a massive flexible resource for grid resilience,” said Devashish Paul, CEO and Founder of BluWave-ai, “the strategic placement of BESS inside distribution grids mitigates impacts of how these EVs affect the grid while they serve as a storage resource to compliment projected grid scale storage deployments leveraging BluWave-ai’s 48 international patent filings.”

The project focuses on operationalizing and testing these new capabilities for the future of building Canada’s grids supported by the extensive patent portfolio in this domain from BluWave-ai and also builds on a recent BESS project announced with Evolugen, a subsidiary of Brookfield Renewable Energy

“This collaboration highlights the ingenuity of homegrown companies scaling in our region, and how Area X.O helps these founders bring breakthrough technologies to market faster, safely,” said Sonya Shorey, President & CEO of Invest Ottawa. “By combining BluWave-ai’s advanced AI software with our cutting-edge infrastructure for testing and commercialization, we are driving solutions that make our energy systems smarter and more resilient. These advancements also have important dual-use applications in sectors such as defense and security that strengthen Canada’s capacity and sovereignty while helping our firms to compete in global markets.”

The AI-driven system will make real-time decisions based on factors such as general load prediction, current and predicted EV loads, energy prices, and grid conditions to ensure EV’s and batteries work in an automated manner in real time to help the grid while maximizing the needs of EV drivers.

EV drivers can connect to the BluWave-ai EV Everywhere platform at www.ev-everywhere.ca for direct rewards for their smart charging including a Canada wide Clean Charge Challenge.

Utilities can deploy EV Everywhere in their service area working directly with BluWave-ai.

To learn more about BluWave, please contact info@bluwave-ai.com

About BluWave-ai

Founded in Canada in 2017, BluWave-ai is building the premier AI company for the global energy transition, headquartered here in Canada’s capital of Ottawa. BluWave-ai is focused on driving the proliferation of renewable energy and electric transportation, working with electricity utilities, independent power producers, system operators, vehicle fleet operators, grid-connected and off-grid enterprises. AI-enabled SaaS software is applied to the hardware of clients to optimize their cost, carbon footprint, and the reliability of renewable (and non-renewable) energy sources in real-time. Backed by global investors, BluWave-ai has raised over $16M to date, inclusive of a $9.5M Series A round.

About Area X.O

Area X.O, hosted by Invest Ottawa, is Canada’s all-season, state-of-the-art R&D complex for next-generation technologies, proudly ITB-certified and aligned with NATO DIANA as a trusted partner in global innovation. This unique, secure, and integrated test facility accelerates the safe, rapid deployment of cutting-edge solutions in smart mobility, advanced agriculture, defence, telecom, and other mission-critical domains. By bridging industry, government, and research, Area X.O enables innovators to develop, validate, and showcase technologies in real-world conditions year-round-driving economic growth, national resilience, and global competitiveness.

About Invest Ottawa:

Invest Ottawa is the lead economic development agency for Canada’s Capital Region, driving growth and job creation in knowledge-based industries. Guided by a vision to position Ottawa as a globally recognized, innovative, inclusive, and future-ready city, Invest Ottawa delivers programs that help startups, scaleups, and mainstreet businesses succeed through training, mentorship, acceleration, investment and talent attraction, and business expansion services. Home to Bayview Yards, Ottawa’s innovation hub, and Area X.O, Canada’s all-season R&D complex for next-generation smart mobility, autonomy, and connectivity technologies, Invest Ottawa fuels collaboration, commercialization, and global competitiveness. Since 2013, the organization has supported nearly 14,000 companies, contributed to the creation of more than 14,700 jobs, and attracted over $3.3 billion in capital and investment to Canada’s Capital.

SOURCE: BluWave-ai

View the original press release on ACCESS Newswire

Non-dilutive facility strengthens financial position and secures a long-term global sales channel for Montauban’s gold and silver dore

VANCOUVER, BC / ACCESS Newswire / October 2, 2025 / ESGold Corp. (“ESGold” or the “Company”) (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is pleased to announce it has entered into a binding term sheet with Ocean Partners UK Ltd. (“Ocean Partners”) for a Prepayment and Working Capital Facility of up to C$9 million. The agreement represents a significant milestone in advancing the Company’s Montauban Gold-Silver Project in Quebec, while establishing a long-term partnership with a leading international metals trader.

Key Terms of the Facility

• Facility Size: Up to C$9 million, to be drawn in two tranches.

• Purpose: Supports completion of the Montauban processing facility and provides working capital.

• Drawdown Schedule:
  • First tranche of C$3 million available approximately three months prior to anticipated Phase 1 production (expected February 2026).
  • Second tranche of C$6 million available approximately five months prior to Phase 2 production (expected March 2027).

• Repayment: Facility repaid through dore deliveries in line with structured schedules per tranche.

• Offtake Contract: Ocean Partners to purchase 100% of gold and silver dore production from Montauban tailings and crown pillar material, subject to minimum deliveries of 50,000 oz gold and 1,000,000 oz silver.

• Pricing & Payments: Payable gold and silver at LBMA/COMEX settlement, with 90% provisional cash payment on the first business day following delivery.

• Interest Rate: 3M SOFR + 7% per annum, with arrangement fee of 1% deducted from drawdowns.

The Facility is subject to customary conditions precedent, including completion of definitive agreements, lender due diligence, and confirmation of construction and production timelines.

Gordon Robb, CEO of ESGold, stated:
“This agreement with Ocean Partners is an important step forward for ESGold. We are very pleased to partner with such a first-class global group, and this facility significantly strengthens our financial position and provides additional financial flexibility as we advance Montauban. Ocean Partners’ support ensures that debt obligations will be serviced through operating cash flow rather than equity dilution, while establishing a stable long-term sales channel for the gold and silver dore produced from Montauban. We are excited to move ahead together on the Montauban Project and to build a lasting partnership that supports ESGold’s growth well into the future.”

A Strengthened Financial Platform
This partnership with Ocean Partners enhances ESGold’s balance sheet and secures a globally recognized partner as the Montauban Project advances through construction. The prepayment facility not only bolsters working capital and provides additional financial flexibility, it also aligns repayment directly with production, ensuring that debt obligations are serviced through operating cash flow rather than equity dilution. The accompanying offtake agreement establishes a stable, long-term sales channel for all gold and silver dore produced from Montauban, creating certainty around revenue realization and reinforcing the economic foundation of the project. Together, these elements provide ESGold with a stronger platform to deliver on its construction milestones and transition into cash-flow generation.

Brent Omland, CEO of Ocean Partners, stated:
“The Montauban project is exactly the type of innovative opportunity in which we like to be involved. ESGold has found an economically viable path forward for precious metal production from tailings and surface rock. We are very pleased to form a long-lasting partnership with the ESGold team and are excited about the long-term potential in this area of Quebec.”

Why This Matters to Investors
This agreement secures a robust financing solution with a world-class counterparty. By aligning funding directly with production milestones, ESGold reduces financing risk while reinforcing its ability to deliver near-term cash flow at Montauban. The partnership further validates the Company’s strategy of advancing permitted, low-capex projects designed to generate high-margin returns while minimizing dilution.

What’s Next

• Ongoing Montauban construction, with building completion targeted for mid Q4 2025.

• Concentrate test results from Montauban expected in the coming weeks.

• Preparatory work and validation advancing in Colombia, with funding in place to support growth initiatives.

• Comprehensive 3D geological model of Montauban currently in progress, designed to integrate ANT survey results and guide systematic exploration.

• Exploration at Montauban will progress to include systematic drilling to highlight the district-scale significance of the deposit.

This agreement with Ocean Partners reinforces ESGold’s position as a fully funded company with the financial strength, strategic partnerships, and operational readiness to bring Montauban into production. With construction advancing, exploration initiatives underway, and a world-class partner now aligned with the project, ESGold is building a scalable platform designed to deliver near-term cash flow, long-term discovery potential, and sustainable shareholder value.

About ESGold Corp.
ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North and South America. The Company’s flagship Montauban Gold-Silver Project in Quebec is under construction with production anticipated in 2026. ESGold is also advancing a joint venture in Colombia, validating one of South America’s most prolific gold regions for tailings reprocessing and systematic exploration. With a dual-track strategy of cash flow today and discovery tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder value.

For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.

Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel.

For further information or to connect directly, please reach out to Gordon Robb, CEO of ESGold Corp. at gordon@esgold.com or call 250-217-2321.

On behalf of the Board of Directors
ESGold Corp.
Paul Mastantuono
Chairman & COO
info@esgold.com
+1-888-370-1059

Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws, including statements regarding future production, cash flow, exploration results, project economics, and permitting. Forward-looking information is based on reasonable assumptions that management believes are current but involve known and unknown risks and uncertainties that may cause actual results to differ materially. These risks are detailed in the Company’s public filings on SEDAR+. Readers are cautioned not to place undue reliance on such statements. ESGold disclaims any obligation to update or revise any forward-looking information, except as required by law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release

SOURCE: ESGold Corp

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / October 2, 2025 / The most dangerous plots don’t look cinematic. They look ordinary. A server rack in a rented apartment. A shipment of SIM cards that look no different than millions already in circulation. A cloned router indistinguishable from the real thing. That’s the camouflage of modern conflict – weapons that hide in plain sight until they scale fast enough to bring entire systems to their knees.

That’s why SMX (Security Matters) (NASDAQ:SMX) belongs at the center of this discussion. Its technology embeds invisible molecular markers into plastics, chips, metals, and, yes, telecom hardware, giving every component a permanent, auditable identity. It also makes a product that once passed as anonymous suddenly become verifiable in seconds. That flips the advantage. Scale without accountability becomes impossible.

When investigators uncovered more than 300 servers and 100,000 SIM cards staged in New York apartments, they weren’t exposing fraud. They were staring at a logistics operation waiting to transform into a weapon. One activation could have jammed towers, suffocated emergency lines, and forced the United States to respond as though the country were under attack. The chilling truth is that geography offers no protection. These aren’t threats brewing in foreign bunkers; they’re assembled on our doorstep.

History That We Don’t Ever Want To Repeat

And history shows what happens when surprise meets unpreparedness. Pearl Harbor began with a morning of shock but expanded into four years of global war. 9/11 took less than two hours but ignited two decades of conflict. The pattern is always the same: the first strike is not the end, it’s the trigger. If those SIMs had lit up at the wrong moment, hospitals would have scrambled, financial markets would have frozen, and the political response would have been immediate escalation. Quiet attacks force loud responses, and escalation is the true enemy.

That is the urgency SMX was built to address. For too long, supply chains have been treated as procurement problems. In reality, they are the front lines of national defense. Forensics may eventually trace counterfeit parts back to their origin, but by then the damage is done. Prevention is the only margin that matters, and prevention begins with proof at the component level.

SMX delivers that proof. Its system embeds unique chemical signatures into every part and ties them to an immutable ledger. The result is a machine-readable identity that instantly answers three questions: where did this component come from, who handled it, and is it the same one that passed certification? A cloned SIM fails before it activates. A counterfeit router never makes it onto the grid. A nuclear sensor without a verified chain of custody is rejected outright. Proof doesn’t just expose counterfeit – it destroys anonymity, and with it, the ability to weaponize scale.

The Doctrine of “Proof”

This is the doctrine modern security demands. The next Pearl Harbor or 9/11 won’t arrive with bombs or planes. It will arrive with silence: emergency channels drowned, grids stalled, sensors blinded. But if every device carries an auditable identity, the logistics behind these attacks collapse. Escalation never begins because the opening bell never tolls.

SMX has already proven this model in industries where authenticity is currency, from certifying recycled plastics to securing complex supply chains. The same molecular fingerprint that validates a polymer can validate a telecom chip. The same ledger that authenticates steel can authenticate grid hardware. Proof is transferable, and so is deterrence.

The future of security won’t be written by bigger arsenals or more retaliation. It will be written by who controls proof. SMX turns prevention into policy, certainty into strategy, and proof into the most valuable form of defense. The threats are already here. The difference between panic and prevention is whether we choose to embed proof before the attack ever arrives.

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company’s fight against abusive and possibly illegal trading tactics against the Company’s stock; successful launch and implementation of SMX’s joint projects with manufacturers and other supply chain participants of gold, steel, rubber and other materials; changes in SMX’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.

EMAIL: info@securitymattersltd.com

SOURCE: SMX (Security Matters)

View the original press release on ACCESS Newswire

BOCA RATON, FL / ACCESS Newswire / October 2, 2025 / Newsmax Inc. (NYSE:NMAX) (“Newsmax” or the “Company”) today announced that the Company will participate in the Maxim Group 2025 Growth Summit taking place October 22-October 23, 2025, at the Hard Rock Hotel in New York City.

Christopher Ruddy, Chief Executive Officer of Newsmax, will deliver the keynote address on October 23 and the Company’s management will also be available for 1-on-1 meetings that day.

For more information, or to schedule a meeting with management, please contact your Maxim Group representative.

About Newsmax
Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation’s leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major pay TV providers. Newsmax’s media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches 20 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax “a news powerhouse.”

For more information, please visit Investor Relations | Newsmax Inc.

Investor Contacts
Newsmax Investor Relations
ir@newsmax.com

SOURCE: Newsmax Inc.

View the original press release on ACCESS Newswire

ORLANDO, FLORIDA / ACCESS Newswire / October 2, 2025 / RedChip Companies will host an investor webinar with 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP)(NASDAQ:SXTPW), a pharmaceutical company focused on developing new medicines for vector-borne diseases, on October 22, 2025, at 4:15 p.m. ET. The event will feature 60 Degrees Pharmaceuticals’ CEO Geoffrey Dow, PhD.

Dr. Dow will highlight the potential of ARAKODA® (tafenoquine), an FDA-approved antimalarial developed with the U.S. Army, and its expanding commercial footprint in the U.S. He will also outline the company’s plan to expand FDA approval for tafenoquine to babesiosis-a growing tick-borne illness, incidence of which, management believes is vastly underrepresented by CDC estimates and for which there is no FDA-approved therapy. 60 Degrees Pharmaceuticals has two clinical trials (hospitalized babesiosis patients and relapsing patients) underway, and initiation of a third planned near-term.

60 Degrees Pharmaceuticals has Orphan Drug status for tafenoquine for babesiosis and patent exclusivity for the malaria indication through 2035.

A live Q&A session with management will follow the presentation.

To register for the free webinar, please visit: https://www.redchip.com/webinar/SXTP/88177419350

Questions can be pre-submitted to SXTP@redchip.com or online during the live event.

About 60 Degrees Pharmaceuticals, Inc.

60 Degrees Pharmaceuticals, Inc., founded in 2010, specializes in developing and marketing new medicines for the treatment and prevention of vector-borne diseases that affect the lives of millions of people. 60 Degrees Pharmaceuticals, Inc. achieved FDA approval of its lead product, ARAKODA® (tafenoquine), for malaria prevention in 2018. 60 Degrees Pharmaceuticals, Inc. also collaborates with prominent research organizations in the U.S., Australia, and Singapore. The 60 Degrees Pharmaceuticals, Inc. mission has been supported through in-kind funding from the U.S. Department of War and private institutional investors including Knight Therapeutics Inc., a Canadian-based pan-American specialty pharmaceutical company. 60 Degrees Pharmaceuticals, Inc. is headquartered in Washington D.C., with a majority-owned subsidiary in Australia. Learn more at www.60degreespharma.com.

About RedChip Companies

RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on microcap and small-cap companies. For 33 years, RedChip has delivered concrete, measurable results for its clients. Our newsletter, Small Stocks, Big Money™, is delivered online weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated millions of unique investor views; investor webinars and group calls; a television show, Small Stocks, Big Money™, which airs weekly on Bloomberg US; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more. RedChip also offers RedChat™, a proprietary AI-powered chatbot that analyzes SEC filings and corporate disclosures for all Nasdaq and NYSE-listed companies, giving investors instant, on-demand insights.

To learn more about RedChip’s products and services, please visit:

https://www.redchip.com/corporate/investor_relations

“Discovering Tomorrow’s Blue Chips Today”™

Follow RedChip on LinkedIn: https://www.linkedin.com/company/redchip/

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Subscribe to our Mailing List: https://www.redchip.com/newsletter/latest

Contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
1-800-REDCHIP (733-2447)
SXTP@redchip.com

–END–

SOURCE: RedChip Companies, Inc.

View the original press release on ACCESS Newswire

LOS ANGELES, CALIFORNIA / ACCESS Newswire / October 2, 2025 / Pacific Avenue Capital Partners (“Pacific Avenue”), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, announced today that an affiliate of Pacific Avenue has completed the acquisition of Pick Your Part (“PYP”) from LKQ Corporation (Nasdaq:LKQ). PYP is a long-established, environmentally-conscious auto salvage business known for its self-service salvage yards. PYP operates 61 locations across the United States, enabling customers to remove and purchase used auto parts at affordable prices. PYP operates one of the largest networks of self-service salvage yards, serving a broad base of customers seeking cost-effective solutions.

The acquisition of PYP is the latest example of Pacific Avenue’s ability to navigate complex transactions and partner with corporate parents to effectively execute seamless carve-outs of non-core business units across a wide variety of industries. Under Pacific Avenue’s stewardship, PYP will focus its efforts on meeting the needs of its customers and driving forward a series of strategic growth initiatives, including actively pursuing add-on acquisitions, to strengthen its leading position.

PYP’s existing leadership team will remain in place, continuing to prioritize quality, service, and support to PYP stakeholders across the country. In addition, Robert Wagman and Dom Schiano are expected to become board members of the standalone business.

“We are thrilled to officially complete our acquisition of Pick Your Part, the nation’s leading self-service salvage yard operator. The company’s strong brand, customer value proposition, and commitment to sustainable automotive recycling are all hallmarks of its industry leadership and also what make PYP a particularly attractive platform for future M&A. We look forward to partnering with the management team to execute on our shared vision for value creation and long-term success of the business.”

-James Oh, Partner of Pacific Avenue

“We are pleased to close on Pacific Avenue’s latest corporate carve-out acquisition and are proud to have partnered with LKQ on this important strategic transaction. PYP is a natural fit with our portfolio of industry-leading companies, and we are impressed with its ability to consistently provide customers with affordable, high-quality parts. We look forward to supporting the management team with the resources and expertise to drive growth and create lasting value.”

-Chris Sznewajs, Managing Partner of Pacific Avenue

“Pacific Avenue’s acquisition marks an exciting new chapter for Pick Your Part. This new partnership will provide incremental resources and strategic support to accelerate growth, drive operational excellence, pursue accretive M&A, and continue delivering unmatched value to our customers and partners. We’re proud of what the PYP team has built thus far, and we look forward to the many opportunities that lie ahead under our new ownership.”

-Mike Dufresne, CEO of Pick Your Part

Kirkland & Ellis served as the legal advisor for Pacific Avenue. Partners Capital was a lead co-investor in the transaction.

About Pacific Avenue Capital Partners

Pacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with an office in Paris. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has approximately $3.8 billion of Assets Under Management (AUM) as of August 31, 2025 (based on Q2 2025 valuations, presented pro forma for the capital commitments of Pacific Avenue Fund II and its sidecar vehicle, which closed in Q3 2025). For more information, please visit www.pacificavenuecapital.com.

About Partners Capital

With more than $63 billion in assets under management, Partners Capital is a leading global investment firm acting for distinguished endowments, foundations, senior investment professionals and prominent families. For more information, please visit www.partners-cap.com/co-investment.

About LKQ

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Contact Information
Chris Baddon
Principal
cbaddon@pacificavenuecapital.com

SOURCE: Pacific Avenue Capital Partners

View the original press release on ACCESS Newswire

US Med-Equip reports record demand as hospitals face flu & COVID surges, seek flexible, cost-controlling solutions without compromising patient care

HOUSTON, TX / ACCESS Newswire / October 2, 2025 / Across the U.S., hospital systems are increasingly relying on medical equipment rentals to meet fluctuating patient care needs, such as flu and COVID surges, fueled by supply chain pressures and the need for operational flexibility.

US Med-Equip, a national leader in medical equipment rentals, reported record growth as more hospitals turn to its on-demand rental solutions for timely access to critical devices without the financial burden of ownership.

From ventilators and infusion pumps to bariatric beds and advanced therapeutic surfaces, rental solutions allow hospitals to scale resources up or down as patient volumes fluctuate, support complex care cases and reduce equipment downtime.

“As cases of respiratory illnesses start to climb, hospitals assess their equipment utilization to ensure their staff has the necessary equipment when they need it, where they need it to help their patients heal,” said Greg Salario, CEO of US Med-Equip.

With healthcare costs rising and unpredictable patient surges becoming the norm, hospitals are prioritizing flexible, data-driven equipment management strategies to help avoid equipment shortages and budget strains. More hospitals than ever are turning to US Med-Equip’s rentals and ASAP Asset Management program, which offers strategic solutions, equipment tracking and award-winning EMR connectivity to help optimize costs, improve care and better prepare for ongoing and future health crises.

“Healthcare is evolving, and hospitals need solutions that match their pace,” Salario said. “Renting high-quality, patient-ready equipment allows hospitals to adapt quickly, maintain safety standards and manage costs effectively without compromising care.”

US Med-Equip’s nationwide network provides fast, reliable delivery of equipment that meets the highest standards for preventative maintenance and cleanliness. Around-the-clock support from in-house customer experience associates and clinical services support hospitals’ operational and patient care needs, helping give clinicians confidence that equipment is always patient-ready.

About US Med-Equip
US Med-Equip provides top hospitals with rental and asset management solutions that help optimize operational efficiency, improve patient outcomes and reduce total cost of care. With dedicated employees across more than 100 locations, US Med-Equip supports hospitals in delivering safe, patient-ready medical equipment within 2 hours plus drive time 24/7, 365 days a year.

SOURCE: US Med-Equip

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View the original press release on ACCESS Newswire

Company to Collaborate with Colorado State University on High-Energy Pulsed Laser Optics to Advance Fusion Energy Commercialization

PALO ALTO, CALIFORNIA / ACCESS Newswire / October 2, 2025 / Blue Laser Fusion Inc. (BLF), a leading fusion energy company, has won a highly competitive US Department of Energy (DOE) INFUSE project award to further develop its novel high-energy pulsed laser for inertial fusion energy applications in collaboration with Colorado State University (CSU).

The project focuses on the development of advanced optical interference coatings for the Blue Laser Fusion optical enhancement cavity (OEC) laser to generate the high pulse energy and fast repetition rates required for high gain, efficient fusion energy generation. The DOE funded work leverages the expertise of Dr. Carmen Menoni, University Distinguished Professor of Electrical and Computer Engineering at Colorado State University. Professor Menoni is a world leader in amorphous oxide interference coatings, critical components of the most advanced laser systems. She is also the Director of the Inertial Fusion Energy RISE HUB, supported by the US Department of Energy.

The project was awarded as part of the DOE’s Innovation Network for Fusion Energy (INFUSE) initiative, which awarded $6.1M to private public collaborations in 2025 to accelerate the development of cost-effective, innovative fusion energy technologies in the private sector. The DOE INFUSE program’s overarching objective is to ensure U.S. energy, environmental & security needs.

Dr. Shuji Nakamura, CEO of Blue Laser Fusion and 2014 Nobel Prize Winner, commented, “We are proud to announce this DOE INFUSE project award and our special collaboration with Colorado State University as we work to accelerate the commercialization of laser-based fusion energy. By cooperating with Professor Menoni and her group at CSU, Blue Laser Fusion will have access to world-class optics expertise and capabilities to advance our OEC laser innovations.”

Professor Carmen Menoni describes, “In this INFUSE project we will fabricate and evaluate interference coatings to create world-class mirrors to support the BLF optical enhancement cavity platform and develop characterization tools to evaluate the reflectivity and thermal performance of the mirrors. The BLF OEC enables a new performance regime for high energy pulsed lasers that can be used to drive fusion reactions.”

Blue Laser Fusion was founded in 2022 by Dr. Shuji Nakamura, 2014 Nobel Laureate in Physics and solid-state lighting pioneer, whose high efficiency LED lighting inventions have helped transform the world by substantially reducing the global energy power consumption. BLF’s enabling technology innovations include a high efficiency, cost effective megajoule class pulse energy laser with a fast repetition rate, coupled with a high gain fuel target to achieve commercial fusion. BLF is a corporate partner in the US DOE RISE HUB for fusion and is on the industrial council for the US DOE FIRE Collaboratives led by General Atomics on fusion targets and by Idaho National Labs on
fusion reactor design.

For additional information of DOE INFUSE program, see: https://infuse.ornl.gov.

About Blue Laser Fusion, Inc.
Blue Laser Fusion Inc. (BLF) is a leading fusion energy company based in Santa Barbara, CA with offices in Silicon Valley and Tokyo, Japan. The company is commercializing a proprietary and novel laser fusion technology to achieve the world’s first carbon-free, on demand, renewable, clean energy generation and to accelerate a transition to an electrified world. BLF aims to commercialize a GW scale reactor to provide power to the grid to meet the acute and increasing demand for clean energy for data centers and to support the AI revolution, for semiconductor chip fabrication facilities and chemical and steel production plants, as well as for electric vehicles and homes. The company has a comprehensive IP portfolio with more than 100 patents and applications internationally.
To learn more, please visit: www.bluelaserfusion.com

CONTACT:

Ayako Muraoka
Administrative Assistant
ayako@bluelaserfusion.com

SOURCE: Blue Laser Fusion Inc.

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SASKATOON, SK / ACCESS Newswire / October 2, 2025 / Bridlewood Home Products has been recognized with the 2025 Consumer Choice Award in the Fireplace Sales and Service category for Saskatoon. This marks the company’s seventh win, a testament to its commitment to providing high-quality Canadian-made products and reliable customer service.

Family owned and operated, Bridlewood Home Products has been part of the Saskatoon community since 2004. Under the leadership of current owner John Christenson since 2010, the company has remained focused on offering superior radiant heat products and ventilation equipment that bring both comfort and efficiency to Canadian homes.

“Our mission has always been to provide customers with products they can trust and service they can rely on,” says John Christenson, Owner of Bridlewood Home Products. “Winning the Consumer Choice Award for the seventh time reflects the loyalty of our customers and the dedication of our team.”

Recognition From the Community

The Consumer Choice Award is the only organization in North America that recognizes business excellence based entirely on the opinions of consumers. Winners are selected through an independent research process that evaluates reputation, customer satisfaction, and overall business excellence.

For Bridlewood Home Products, being chosen as Saskatoon’s top fireplace sales and service provider for seven consecutive years highlights the trust the community has placed in their products and expertise.

Specializing In Canadian-Made Comfort

Bridlewood Home Products takes pride in offering Canadian-made products of exceptional quality. From radiant heat solutions to ventilation systems, the company provides equipment designed to withstand Canada’s unique climate while delivering comfort and efficiency. With a knowledgeable team and a customer-first approach, Bridlewood Home Products ensures every client receives personalized service and support.

A Continued Commitment to Excellence

As Bridlewood Home Products celebrates its seventh Consumer Choice Award win, the company remains committed to its founding values of quality, service, and community trust. By continuing to provide dependable products and expert service, the business looks forward to serving homeowners in Saskatoon for many years to come.

To learn more about Bridlewood Home Products, visit www.bridlewoodhome.com or CLICK HERE.

About Bridlewood Home Products
Founded in 2004, Bridlewood Home Products is a family-owned and operated business in Saskatoon specializing in fireplace sales, radiant heat products, and ventilation equipment. Since 2010, under the ownership of John Christenson, the company has been committed to offering Canadian-made products of superior quality and delivering reliable service to its customers. Learn more at www.bridlewoodhome.com.

About Consumer Choice Award
Since 1987, Consumer Choice Award has been recognizing and promoting business excellence across North America. Through a rigorous selection process, only the most outstanding businesses in each category earn this prestigious recognition. Learn more at www.ccaward.com.

Contact Information:
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

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Transoft Solutions Named First North American Company to Become an Accredited AiRAP Data Provider for iRAP Global Road Assessments

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / October 2, 2025 / Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is now officially an accredited AiRAP data provider, reinforcing its support for the International Road Assessment Programme’s (iRAP) vision of a world free of high-risk roads. This achievement enables more efficient iRAP Star Rating assessments performed by road safety professionals and practitioners.

iRAP’s Star Rating methodology uses a predictive, risk-based approach to assess roads universally by reviewing attributes present along the road corridor. The time-consuming traditional method of conducting an iRAP Star Rating involves accredited coders manually reviewing video footage of road, 100m at a time, and coding more than 50 road attributes. These attributes are then processed through iRAP’s ViDA software to get an objective star rating measure of the level of safety for vehicle occupants, motorcyclists, cyclists, and pedestrians. To scale this process, iRAP launched AiRAP in 2019, which stands for the “accelerated and intelligent” capture of road safety data. Learn more about AiRAP at: www.irap.org/airap.

Figure 1. Star Rating Calculations as demonstrated in AssetMAPPER Roads

Transoft AssetMAPPER® Roads, an AiRAP accredited inspection system, has expanded its capabilities to simplify the road coding and data preparation steps in road assessments, lowering costs per unit of road assessed and streamlining inventory and condition data collection, performance monitoring and risk analysis, and lifecycle planning.

Under the traditional road coding approach, AssetMAPPER allows users to manually code road attributes from 360° video footage through its user-friendly web browser interface. Under the AiRAP framework, AssetMAPPER enables open-source data and advanced computer vision in 360° video footage to accelerate the automated coding of 20 road attributes.

As an accredited AiRAP data provider with an accredited inspection system, AssetMAPPER can help you:

• Accelerate the road coding and data preparation processes for iRAP Star Ratings

• Leverage multiple data sources, including open-source data and advanced computer vision in 360° video footage

• Enhance road assessments and planning with repeatable, scalable tools

Figure 2. Road Coding Features as demonstrated in AssetMAPPER Roads

“We are honored to receive AiRAP accreditation for AssetMAPPER, reaffirming Transoft Solutions’ commitment to advancing global road safety through innovation. This recognition highlights the power of automation in transforming how road attributes are assessed, making safety evaluations more efficient, consistent, and scalable,” says Matthieu Levivier, Director of Business Development at Transoft Solutions.

About AssetMAPPER

AssetMAPPER is a web-based application designed to support the inventory, inspection, and assessment of roads. Featuring an intuitive interface, 360° video integration, and advanced computer vision, it streamlines data collection, performance monitoring, and lifecycle planning.

Trusted by transportation agencies, governments, and port authorities, AssetMAPPER automates asset collection and classification, helping reduce costs, save time, and improve decision-making for infrastructure management at any scale. With the added AiRAP capabilities, road assessment is further streamlined in the coding and data preparation steps, allowing for faster planning of preventative maintenance and upgrades.

To learn more about AssetMAPPER, visit: www.transoftsolutions.com/landing/assetmapper-airap-accreditation

About Transoft Solutions

Transoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modelling, and design solutions is used in over 150 countries, serving more than 50,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Spain, Slovenia, and China. For more information on Transoft’s range of aviation, civil design, and traffic safety solutions, visit: www.transoftsolutions.com.

Media Contact

Public Relations, Transoft Solutions
Email: publicrelations@transoftsolutions.com

SOURCE: Transoft Solutions, Inc.

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