Recent Articles from Business Wire

Nolan Capital, the family office of Peter Nolan based in Hermosa Beach, CA focused on investing in leading middle-market companies, is pleased to announce it has reached an agreement to sell its portfolio company Water Engineering to Kemira, a global leader in sustainable chemical solutions for water-intensive industries headquartered in Helsinki, Finland. The transaction is expected to close before the year-end 2025, following regulatory approvals and customary closing conditions.

KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles (LADWP) Power System Revenue Bonds, 2025 Series C. The Outlook is Stable.

Robbins Geller Rudman & Dowd LLP announces that it has filed a class action lawsuit seeking to represent purchasers of RxSight, Inc. (NASDAQ: RXST) common stock between May 7, 2024 and July 8, 2025, inclusive (the “Class Period”). Captioned Gémesi v. RxSight, Inc., No. 25-cv-02093 (C.D. Cal.), the RxSight class action lawsuit charges RxSight and certain of RxSight’s top executives with violations of the Securities Exchange Act of 1934. A previously filed complaint is captioned Makaveev v. RxSight, Inc., No. 25-cv-01596 (C.D. Cal.).

Key Risk (a Berkley company), a leading provider of workers compensation insurance products and services, today announced it has been named to the 2025 Best Places to Work in Insurance program. This marks the sixth consecutive year and the eighth time overall the business has earned this national recognition.

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its offering (the “Notes Offering”) of approximately US$3.2 billion aggregate principal amount of Zero Coupon Convertible Senior Notes due 2032 (the “Notes”) to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the United States Securities Act of 1933, as amended (the “Securities Act”).

YuJa, Inc., a leading provider of cloud-based digital compliance and accessibility solutions for regulated sectors, announces that YuJa and the University of Notre Dame have been selected to co-present an accessibility-focused session at the EDUCAUSE 2025 Annual Conference in Nashville, Tennessee.

ORCA Computing, a leading quantum computing company, today announced a blueprint for integrating photonic quantum AI into real-world data centers. By integrating ORCA’s photonic quantum processors with NVIDIA accelerated computing and the NVIDIA CUDA-Q software platform, the collaboration shows how data centers can immediately begin deploying scalable hybrid quantum–classical systems for next-generation AI and machine learning workloads, underscoring how GPU–quantum integration is moving rapidly from concept to reality.

American Financial Group, Inc. (NYSE: AFG) announced today the registered offering of $350 million of 5.0% Senior Notes (the “Notes”) due September 23, 2035. The Notes were priced at 99.162% of their principal amount.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Wells Fargo, YES Housing and elected officials celebrated the grand opening today of Calle Cuarta, which received a $610,000 FHLB Dallas Affordable Housing Program (AHP) grant through Wells Fargo.

CoreWeave, Inc. (NASDAQ: CRWV) the AI Hyperscaler™, today announced the next £1.5 billion phase of its investment in AI data centre capacity and operations in the United Kingdom, bringing the total investment in the country to £2.5 billion. The investment is designed to power the next wave of AI innovation by building facilities that prioritise sustainability and environmental responsibility.

Rosen Law Firm, a global investor rights law firm, announces that an investor filed a class action lawsuit on behalf of purchasers of securities of Savara Inc. (NASDAQ: SVRA), between March 7, 2024 and May 23, 2025, both dates inclusive (the “Class Period”). Savara is a clinical-stage biopharmaceutical company.

Mirion (NYSE: MIR), a leading provider of advanced radiation safety solutions, has signed a partnership agreement and practical arrangements with the International Atomic Energy Agency (IAEA), the world’s central intergovernmental forum for scientific and technical cooperation in the nuclear field, to cooperate in the area of radiation detection and measurement. Through this collaboration, Mirion’s advanced instrumentation and profound understanding of ionizing radiation will combine with the IAEA’s expertise and influence to advance the safe and secure use of nuclear technology worldwide.

University of Phoenix proudly recognizes National IT Professionals Day, celebrating the vital contributions of information technology professionals and its ongoing commitment to career-relevant education through the College of Business and Information Technology.

KBRA assigns preliminary ratings to 21 classes of mortgage-backed notes from RCKT Mortgage Trust 2025-CES9 (RCKT 2025-CES9).

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today issued the following statement from Daniel J. Horwitz of the law firm Tannenbaum Helpern, counsel for the company.

Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) announced that the Canada Energy Regulator (the “CER”) has approved the negotiated settlement (the “Settlement”) between Alliance Pipeline Limited Partnership (“Alliance”) and shippers and interested parties (the “Shipper Committee”) on the Canadian portion of the Alliance Pipeline.

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology, today announced that Founder and Chief Executive Officer Andy Florance has been named one of Washingtonian Magazine’s 2025 Tech Titans. This marks the fourth consecutive year Florance has earned a place on the prestigious list, which recognizes the region’s most influential and innovative leaders driving the future of technology.

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of September 2025. The distribution will be paid by Granite on October 15, 2025 to unitholders of record at the close of trading on September 29, 2025.

Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced it has amended and extended its existing unsecured revolving credit facility, which was set to mature at year-end 2026 including extension options. The amendment initially increases permitted borrowings to $795 million, compared to $775 million previously, with a year-end 2026 maturity date. Thereafter, the company will have access to $462 million of permitted borrowings maturing year-end 2029 including two six-month extension options.

American Eagle Outfitters, Inc. (NYSE: AEO) announced a quarterly cash dividend of $0.125 per share. The dividend was declared on September 16, 2025 and is payable on October 29, 2025 to stockholders of record at the close of business on October 10, 2025.

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 14, 2025 to file lead plaintiff applications in a securities class action lawsuit against Fluor Corporation (NYSE: FLR), if they purchased or otherwise acquired the Company’s securities between February 18, 2025 and July 31, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Texas.

Redwood Credit Union (RCU) members have collectively saved more than $1.5 million in just eight months thanks to a suite of new financial tools and services designed to promote financial resilience and long-term stability.

Mach Natural Resources LP (NYSE: MNR) (“Mach” or the “Company”) announced today the completion of its previously announced transactions (collectively, the “Transactions”) consisting of the acquisition of certain oil and gas assets from Sabinal Energy, LLC (“Sabinal”) and the acquisition of entities owning oil and gas assets managed by IKAV Energy Inc (collectively “IKAV San Juan”).

Thompson Child & Family Focus (Thompson), a national leader in trauma-informed care and child welfare services, announced today a new partnership with the Commonwealth of Kentucky, Cabinet for Health and Family Services (CHFS), Department for Community Based Services (DCBS), to deliver placement stabilization services across the state.

Thompson Child & Family Focus (Thompson), a nationally recognized leader in trauma-informed child welfare and family support services, is expanding into Seminole County, Florida, in collaboration with Family Partnerships of Central Florida (FPOCF). Beginning September 15, 2025, Thompson will assume responsibility for providing case management and family support services to children and families across the county. This expansion underscores Thompson’s mission to ensure that children grow up safe, healthy, and nurtured in families that can support their long-term success.

Together with the President of Botswana Duma Boko, Minister of Minerals and Energy Bogolo Kenewendo, Minister of Environment and Tourism Wynter Mmolotsi, Ambassador of the United States Howard Van Vranken, and British High Commissioner Giles Enticknap, Global Critical Resource Corporation’s (GCR) Executive Chairman Cevdet Caner and Chief Executive Officer Richard Bunning formally reopened Tataki Mine, a polymetallic mine in the North-East district of Botswana.

As previously announced, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) will host a conference call to review third-quarter 2025 financial results on Tuesday, October 14, 2025 at 8:30 a.m. (ET). The results are scheduled to be released at approximately 7:00 a.m. (ET). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations.

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorganChase. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.

Tanger® (NYSE: SKT), a leading owner and operator of outlet and open-air retail shopping destinations, has acquired Legends Outlets (“Legends”), an approximately 690,000-square-foot open-air outlet center in Kansas City, Kansas, that expands the company’s footprint into the state. This acquisition continues the company’s strategic external growth and is the fourth outlet center of seven total open-air shopping centers to join Tanger’s portfolio since 2022.

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a contract valued at approximately $41.9 million by the National Park Service for the repair of critical utility systems in the Glen Canyon National Recreation Area in Arizona.

Ecolab will host a live webcast to discuss its 2025 third quarter results. A news release containing third quarter results is expected to be issued before market open on October 28, 2025.

State Street Corporation (NYSE: STT) plans to announce its third-quarter 2025 financial results on Friday, October 17, 2025 at approximately 7:30 a.m. ET. A conference call to review the firm’s financial results will be held at 11:00 a.m. ET.

Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financial Officer, will participate in a fireside chat with Water Tower Research on Thursday, September 18, 2025 at 10:00 a.m. Central Time.

Stoke Therapeutics, Inc. (Nasdaq: STOK) is a biotechnology company dedicated to restoring protein expression by harnessing the body’s potential with RNA medicine and has a lead investigational medicine, zorevunersen, in development as a first-in-class potential disease-modifying treatment for Dravet syndrome. The Company today announced that, effective on September 15, 2025, it granted stock options to purchase an aggregate of 135,300 shares of common stock to five new employees, as a material inducement to their employment in accordance with Nasdaq Listing Rule 5635(c)(4).

NUBURU, Inc. (NYSE American: BURU), a global pioneer in high-performance blue laser technology, today announces the closing of its previously announced $12 million public offering.

Superior Industries International, Inc. (OTC Pink: SSUP) (“Superior”) previously announced on July 9, 2025 that it entered into definitive agreements to be acquired by a group of its term loan investors, including Oaktree Capital Management. On September 15, 2025, Superior received the affirmative vote of a majority of shareholders at a special meeting held to approve the transaction. In addition, all requisite regulatory approvals have been received, and Superior anticipates the closing of the transaction will occur on or before September 30, 2025.

Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today the Trust income distribution for the month of September 2025. Unitholders of record on September 30, 2025 will receive distributions amounting to $0.001723157 per unit, payable on October 31, 2025. The Trust received $20,029, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in September 2025 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $3,211.

World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.20 per share, which is payable on October 16, 2025 to shareholders of record on September 30, 2025.

AST Revolution, LLC (AST Revolution) today announced its official launch following the recent completion of a court-approved acquisition of select assets of Accelerate Diagnostics, Inc. (Accelerate) under the Chapter 11 process.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it has launched a private placement, subject to market conditions and other factors, of $350,000,000 aggregate principal amount of Convertible Senior Notes due 2030 (the “Notes”). The Company expects to grant to the initial purchasers of the Notes an option to purchase up to an additional $50,000,000 aggregate principal amount of the Notes solely to cover over-allotments, if any, for settlement within a 13-day period beginning on, and including, the first date on which the Notes are issued.

Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share. The cash dividend will be paid on November 7, 2025 to holders of record of its Class A common stock and Class B common stock as of October 9, 2025.

New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) announced today that it has reached agreement on contract terms with the Third-Party Procurement Office (“3PPO”) and the Puerto Rico Public-Private Partnerships Authority (“P3A”) for the long-term supply of liquefied natural gas (“LNG”) to Puerto Rico. The contract is currently under review for approval by the Financial Oversight and Management Board of Puerto Rico (“FOMB”).

Marchex, Inc. (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive revenue acceleration and operational excellence, today announced that Edwin Miller, CEO, is stepping down from this role and will be serving as a senior advisor to the Chairman going forward. In addition, the Company announced that Troy Hartless, Chief Revenue Officer, has also been appointed President; Francis Feeney, Chief Corporate and Legal Affairs Officer, has also been appointed Chief Operating Officer; and Brian Nagle, Senior Vice President, Controller, has been appointed Chief Financial Officer.

Urban Edge Properties (NYSE: UE) announced today that it will release its third quarter earnings prior to the market open on Wednesday, October 29, 2025. The Company will host an earnings conference call and audio webcast on October 29, 2025 at 8:30 AM ET.

BWX Technologies, Inc. (NYSE: BWXT) announced today that it has been awarded a contract valued at $1.5 billion by the Department of Energy’s National Nuclear Security Administration (NNSA) to support the national mission of establishing a domestic uranium enrichment capability for defense purposes.

GATX Corporation (NYSE: GATX) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with its pending acquisition of Wells Fargo’s rail operating lease portfolio through a joint venture formed with Brookfield Infrastructure.

Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management ("HCM") company, will release financial results for its fiscal 2026 first quarter ended August 31, 2025 before the financial markets open on Tuesday, September 30, 2025.

TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a quarterly distribution of $0.065 per share payable to shareholders of record on September 30, 2025, with the payable date of October 10, 2025.

The Board of Directors of First Internet Bancorp (the “Company”) (Nasdaq: INBK) has declared a quarterly cash dividend of $0.06 per common share. The dividend will be payable on October 15, 2025 to shareholders of record at the close of business on September 30, 2025.

Astronics Corporation (Nasdaq: ATRO) (“Astronics” or the “Company”), a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission critical industries, today announced the closing of $225.0 million aggregate principal amount of 0% convertible senior notes due 2031 (the “Notes”), which includes the exercise in full of the $15.0 million aggregate principal amount option granted to the initial purchasers of the Notes.

Chimera Investment Corporation (NYSE: CIM) (the “Company”) announced today that it has closed its previously announced underwritten public offering of $120 million aggregate principal amount (including $5 million issued pursuant to the over-allotment option) of its 8.875% senior notes due 2030 (the “Notes”). The Company has been authorized to list the Notes on the New York Stock Exchange under the symbol “CIMP” and expects trading in the Notes on the New York Stock Exchange to begin on September 18, 2025. The Notes have received an investment grade rating of BBB from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

Resources Connection, Inc. (Nasdaq: RGP) (the “Company”), a global consulting firm, today announced that Chief Executive Officer Kate Duchene, Chief Operating Officer Bhadresh Patel, and Chief Financial Officer Jennifer Ryu, will participate in a virtual fireside chat at William Blair’s inaugural Human Capital Services Conference on Wednesday, September 24, 2025 at 11:00 AM Central Time. Management will also host virtual investor meetings throughout the day. For additional information or to request a meeting, please contact your William Blair sales representative.

Arrow Electronics, Inc. (NYSE: ARW) (Arrow) today announced that William (“Bill”) F. Austen, member of Arrow’s Board of Directors, has been named Interim President and CEO, effective today. Mr. Austen will succeed Sean Kerins, who separated from his roles as Director, President and CEO of the Company effective today. Mr. Austen will continue to serve as a Director on Arrow’s Board of Directors, though he has stepped down as Chair of the Board’s corporate governance committee and as a member of the compensation committee. The Board is launching a search for a permanent President and CEO.

Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced additional orders for its Neon platform from a leading U.S.-based customer specializing in memory and data storage technologies. These systems will be used for inspection and metrology of high bandwidth memory (HBM) devices, which are critical components in high-performance computing (HPC) and generative artificial intelligence (AI) applications.

InvenTrust Properties Corp. (NYSE: IVT) announced today that its Board of Directors declared a third quarter 2025 cash distribution of $0.2377 per share of common stock. When annualized, this is equal to a rate of $0.9508 per share. This distribution will be paid on or about October 15, 2025, to stockholders of record as of September 30, 2025.

Kilroy Realty Corporation (NYSE: KRC) (“Kilroy” or the “Company”) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.54 per common share payable on Wednesday, October 8, 2025 to stockholders of record Tuesday, September 30, 2025. The dividend is equivalent to an annual rate of $2.16 per share.

Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that it will release its third quarter 2025 financial results on Wednesday, October 29, 2025, after the close of markets on the New York Stock Exchange. A conference call will be held on Thursday, October 30, 2025, at 12:00 p.m. Eastern Time.

agilon health, inc. (NYSE: AGL), the trusted partner empowering physicians to transform health care in our communities, today announced that its management team will participate in a fireside chat at the 2025 Jefferies Healthcare Services Conference on Tuesday, September 30 at 8:45am ET.

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced today that Rick Matros, the company’s Chair and Chief Executive Officer, Michael Costa, the company’s Chief Financial Officer, Talya Nevo-Hacohen, the company’s Chief Investment Officer, Darrin Smith, the company’s Executive Vice President of Investments, and Lukas Hartwich, the company’s Executive Vice President of Finance, will host Jefferies during their So Cal Tour on September 30, 2025, at Sabra’s corporate office in Tustin, California.

Penguin Solutions, Inc. ("Penguin Solutions") (NASDAQ: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its fourth quarter and full year fiscal year 2025 earnings after market close on Tuesday, October 7, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call.

Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative, agile space and defense technology company today announced the closing of its previously announced best-efforts public offering of 9,800,000 shares of its Class A common stock. Each share of Class A common stock was sold at a public offering price of $1.00 per share for gross proceeds of approximately $9.8 million, before deducting the placement agent’s fees and offering expenses. All of the shares of Class A common stock were offered by the Company.

Illinois American Water encourages students to showcase their creativity by submitting artwork to the company’s “Water Keeps Life Flowing” art contest. Entries from 3rd, 4th, and 5th grade students will capture what high-quality water service means to them, and artwork will be accepted through Friday, Oct. 24, 2025.

Dollar Tree, Inc. (NASDAQ: DLTR) today announced that it will host an Investor Conference at the NASDAQ MarketSite in New York, NY on Wednesday, Oct. 15, 2025.

NanoVibronix, Inc. (NASDAQ: NAOV) (“NanoVibronix” or the “Company”), a medical technology company specializing in non-invasive therapeutic systems, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 291,204 shares of its common stock (or common stock equivalents), at an offering price of $7.01 per share of common stock (or per common stock equivalent) in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about September 17, 2025, subject to the satisfaction of customary closing conditions.

Kirby McInerney LLP reminds SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE:SLQT) investors of the October 10, 2025 deadline to seek the role of lead plaintiff in a pending federal securities class action.

Cintas Corporation (Nasdaq: CTAS) hosted the Cincinnati 9/11 Memorial Stair Climb at the Cintas Center at Xavier University this past weekend. Nearly 1,000 participants at the Cincinnati event, alongside other Cintas stair climb events and participants across the nation, helped raise more than $100,000 in support of the National Fallen Firefighters Foundation (NFFF).

From September 17 through October 16, HG Insights will invite media and registered attendees to attend multiple industry events where company leaders will be sponsoring, speaking, and hosting thought leadership sessions on the future of AI, data, and go-to-market strategy.

A new study by the Sage Policy Group shows that real estate transfer taxes, one-time levies on property sales, cause serious unintended consequences in jurisdictions across the United States that have approved them. Instead of solving local budget issues, these taxes trap families in their homes, slow commercial development, and reduce housing construction, all while falling billions short of expected revenue.

Chrome Holding Co. (formerly operating as “23andMe Holding Co.”) today announced it has entered into a Stock Purchase Agreement with Bambu Ventures (“Bambu”). Through the creation of a Special Purpose Vehicle (SPV) formed in partnership with Innova Capital Partners (“Innova”) the SPV will acquire 100% of the equity of Lemonaid Health, Inc. and Lemonaid Pharmacy Holdings, Inc., pending approval by the United States Bankruptcy Court for the Eastern District of Missouri.

Reserv, Inc., a tech-enabled third-party administrator (TPA), announced today that its oversubscribed series B round has been extended to accommodate demand, with an additional $16M raised – bringing the total Series B round to $41M. Reserv’s substantial growth in the last six months, coupled with its strong alignment with several new strategic investors and substantial new customer demand for Reserv products, was a key driver of investor momentum. The additional funding was led by QBE Ventures and included additional new strategic partners and pro-rata participation from existing investors such as Bain Capital Ventures, Flourish Ventures, and more. The strategic capital injection will be used to accelerate Reserv’s roadmap for AI orchestration at scale, to define a new standard for intelligent claims operations and management.

Publix, its associates and Publix Super Markets Charities (PSMC) are working together during Hunger Action Month to address food insecurity in the company’s operating area. PSMC is donating $15 million to more than 400 local food banks and other nonprofit organizations, including 40 Feeding America® partner food banks.

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Forestry Mutual Insurance Company (FMIC) (Raleigh, NC).

Today, the Council for Citizens Against Government Waste (CCAGW) announced the launch of a national multi-faceted initiative to hold the Center for Medicare and Medicaid Innovation (CMMI) responsible for its lack of transparency, unchecked spending, and failed experimentation with Americans’ healthcare.

Dr. Krishnan Suthanthiran, President and Founder of TeamBest Global (TBG), announces the establishment of the Global Non-Resident Indians Association (GNRIA) as a division of Global Best Cure Foundation, a nonprofit organization established in India. Suthanthiran left India in 1969 and has lived in the U.S. for the past 53 years. As an Indo-American, he is proud to cherish his Indian heritage and American citizenship and to be an Indo-American.

Somnee, the award-winning sleep technology delivering pioneering AI-powered neurotech and software that improves sleep, today launched the highly anticipated second-generation smart sleep headband and revamped service, designed for deeper, faster sleep and optimized performance. Launched in 2022 by renowned sleep expert, Dr. Matt Walker, PhD, and an esteemed group of scientists from the University of California, Berkeley, Somnee is a closed-loop sleep aid that tracks your sleep with lab-grade sensors and uses gentle neurostimulation to help you fall asleep faster and maintain deeper, more restorative sleep. Somnee offers a first-of-its-kind, targeted solution for the nearly one in three adults who suffer from poor sleep.