News Archives - TechMediaWire

MondayJun 01, 2026 3:07 pm

TechMediaBreaks – SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) Appoints Don Hilton as Independent Non-Executive Director

This article has been disseminated on behalf of SPARC AI Inc. and may include paid advertising. SPARC AI (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) a defense technology company developing its Overwatch GPS-denied navigation and targeting platform for drones and autonomous systems, announced the appointment of Don Hilton as an Independent Non-Executive Director, effective immediately. Hilton brings decades of executive, financial, governance and commercial leadership experience, including senior roles with Spotlight Group, Monsanto Australia, Ecogen Energy, Norwich Union Australia, Prudential-Bache Securities and Coopers & Lybrand. The company said his appointment strengthens board independence and adds expertise in finance, governance, capital raising, mergers and acquisitions, compliance and business growth as SPARC AI advances…

MondayJun 01, 2026 3:00 pm

TechMediaBreaks – Apptronik Raises $520 Million to Scale Apollo Humanoid Robots, CNBC Reports

Apptronik, an Austin-based humanoid robotics developer, has raised $520 million at a $5 billion valuation to accelerate commercialization of its Apollo humanoid robots, according to a CNBC report by Lora Kolodny. The funding round, which brings the company's Series A financing to $935 million, was co-led by B Capital and Google and will support expanded operations, increased robot production and new facilities in Texas and California. Apollo robots are currently being tested in factory and warehouse environments with partners including Mercedes-Benz, GXO Logistics and Jabil. The report notes that Apptronik is competing with a growing field of humanoid robotics companies, including Tesla (NASDAQ: TSLA), Figure, Agility Robotics, 1X and…

MondayJun 01, 2026 2:51 pm

TechMediaBreaks – BOXABL, FG Merger II (NASDAQ: FGMC) Positioned for Growth as Factory-Built Housing Moves Toward Public Markets, ChannelChek and Noble Analysts Report

BOXABL, which plans to become a publicly traded company through its proposed business combination with FG Merger II (NASDAQ: FGMC), is applying centralized manufacturing and assembly-line production techniques to residential construction in an effort to address housing affordability and supply challenges. In a June 1 SPACtrac report published by ChannelChek and Noble Capital Markets, analysts Michael Kupinski and Jacob Mutchler highlighted BOXABL's proprietary folding-home technology, growing contract backlog of 271 units and current production capacity of approximately 3,000 units annually, with longer-term automation initiatives targeting up to 5,000 units per year. The analysts noted that the company's factory-built housing model is designed to reduce construction timelines, improve efficiency and…

MondayJun 01, 2026 2:42 pm

TechMediaBreaks – Global Mofy AI Limited (NASDAQ: GMM) Prices $8 Million Registered Direct Offering

Global Mofy AI (NASDAQ: GMM), a generative AI-driven technology solutions provider focused on virtual content production and 3D digital assets, announced the pricing of an $8 million registered direct offering consisting of 8,247,420 Class A ordinary shares and accompanying Series A and Series B warrants. The securities are being offered at a combined price of $0.97 per share and accompanying warrants, with gross proceeds expected to total approximately $8 million before fees and expenses. The company said it intends to use the net proceeds for general corporate purposes, including working capital, product development and the continued expansion of its AI-powered technology platforms and related infrastructure. The…

MondayJun 01, 2026 1:52 pm

TechMediaBreaks – BOXABL, FG Merger II (NASDAQ: FGMC) Advance Toward Public Listing as Factory-Built Housing Gains Attention Amid U.S. Supply Shortage

BOXABL, which has signed a definitive merger agreement with FG Merger II (NASDAQ: FGMC), is positioning itself at the intersection of housing innovation, advanced manufacturing and scalable residential development as the United States continues to face a housing shortage estimated at more than 4 million homes. The company's factory-built, foldable housing model is designed to reduce construction timelines and improve efficiency, while a recent milestone saw the U.S. Securities and Exchange Commission declare effective the companies' Form S-4 registration statement tied to their proposed business combination. If approved by shareholders and completed, the combined company is expected to trade on Nasdaq…

MondayJun 01, 2026 12:00 pm

TechMediaBreaks – ParaZero Technologies Ltd. (NASDAQ: PRZO) Receives First DefendAir Order from Major U.S. Defense Contractor

ParaZero Technologies (NASDAQ: PRZO), an aerospace defense company focused on autonomous solutions for manned and unmanned aerial systems, announced it has received its first order from a U.S.-based Tier-1 defense corporation for its DefendAir Net Pods. The order supports integration into advanced autonomous defense applications and marks ParaZero's initial engagement with the major defense contractor. The company said its DefendAir system provides a non-explosive, net-based counter-drone interception capability designed for autonomous, unmanned and other defense platforms where precision and reduced collateral risk are critical, and views the order as an important step toward broader adoption of its counter-UAS technologies within…

MondayJun 01, 2026 9:40 am

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Subsidiary TechForce Deploys Autonomous Lab Robot in Pharmaceutical Automation Milestone

Nightfood Holdings (OTCQB: NGTF) announced that its subsidiary, TechForce Robotics, has successfully completed Phase 1 objectives under its joint development agreement with Oncotelic Therapeutics (OTCQB: OTLC), highlighted by the initial deployment of LIM-E, an autonomous laboratory support robot. The deployment marks TechForce's first expansion into pharmaceutical and laboratory automation and validates the adaptability of its AI-enhanced robotics platform beyond hospitality and service-industry applications into life sciences and pharmaceutical environments. TechForce said the deployment completed the initial operational goals established under the companies' April 2026 collaboration agreement and will provide operational data and workflow insights to support future automation initiatives. The…

MondayJun 01, 2026 9:00 am

TechMediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) Signs Term Sheet for Potential $2 Billion Structured Financing

Datavault AI (NASDAQ: DVLT) a provider of data monetization, credentialing, digital engagement and real-world asset (“RWA”) tokenization technologies, announced the execution of a non-binding term sheet for a potential $2 billion dilutive structured financing transaction intended to support its digital asset exchanges and RWA tokenization strategies. The proposed transaction is expected to be structured across four successive tranches of up to $500 million each, with the initial tranche targeting completion by the third quarter of 2026, and includes strategic exclusivity for the counterparty digital asset tokenization projects through Datavault AI patented platform unless otherwise agreed. To view the full press release,…

FridayMay 29, 2026 11:35 am

TechMediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) to List RWA Token Programs on Perpetuals Exchange Platform

Datavault AI (NASDAQ: DVLT) a provider of data monetization, credentialing, digital engagement and real-world asset (“RWA”) tokenization technologies, announced that it has entered into a Mutual Services Agreement and Statement of Work with Perpetuals.com Ltd. (NASDAQ: PDC) to list Datavault AI RWA token programs on the Perpetuals exchange platform, targeting trading on regulated venues including PM MTF Ltd., an EU-licensed Multilateral Trading Facility regulated by the Cyprus Securities and Exchange Commission. The agreement initially covers the MTB Copper project, with provisions for future expansion to additional commodity programs spanning gold, copper, geothermal energy infrastructure, U.S. strategic minerals and European iron-nickel resources. Datavault AI said the agreement provides a regulated…

FridayMay 29, 2026 11:15 am

TechMediaBreaks – Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) (WKN: A422EZ) Signs LOI to Acquire Quantum Cybersecurity Company Quantum.IQ

This article has been disseminated on behalf of Redwood AI Corp. and may include paid advertising. Redwood AI (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) (WKN: A422EZ)  announced it has entered into a non-binding letter of intent to explore the acquisition of Vancouver-based Quantum.IQ, an AI-driven quantum cybersecurity company focused on helping organizations prepare for emerging quantum-enabled cyber threats. Quantum.IQ's post-quantum cryptography platform is designed to assist government, defense, financial services and critical infrastructure organizations in assessing cryptographic vulnerabilities, planning migration to quantum-resistant security systems and monitoring ongoing cybersecurity readiness. Under the proposed transaction, Redwood would acquire all outstanding shares of Quantum.IQ in exchange for up to 14 million Redwood common shares, including milestone-based consideration, with all shares subject to a staged escrow release…

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