SK Telecom Announces Q1 2026 Results

Seoul, Korea, May 07–SK Telecom (NYSE:SKM, hereinafter referred to as “SKT”) today announced its consolidated earnings for the first quarter of 2026, based on Korean International Financial Reporting Standards (K-IFRS): revenue of KRW 4.3923 trillion, operating income of KRW 537.6 billion, and net income of KRW 316.4 billion.

Revenue increased 1.5% quarter over quarter (QoQ), driven by a recovery in the wireless business and growth in the AI Data Center (AIDC) business. Through company-wide productivity improvement efforts, operating income exceeded KRW 500 billion on a quarterly basis for the first time since the first quarter of last year.

Following a period of subdued performance last year, SKT posted a clear turnaround in the first quarter of 2026, driven by efforts to innovate customer value and restore trust. The company’s AI business, built on a strategy of focus and selectivity, also improved its profitability and delivered tangible results.

On a non-consolidated basis, the company reported revenue of KRW 3.1058 trillion, operating income of KRW 409.5 billion, and net income of KRW 332.7 billion. SKT also reinstated its quarterly dividend, with a dividend of KRW 830 per share for the first quarter.

■ Handset subscribers up 210,000 as trust restoration efforts bring customers back

SKT achieved net additions of approximately 210,000 handset subscribers in the first quarter of 2026. Mobile service revenue increased 1.7% QoQ. These results are attributable to the company’s commitment to placing customers at the core of its business and implementing a range of measures to strengthen fundamental competitiveness.

SKT recently revamped its membership program to expand customer benefits and improve ease of use. The company is also advancing a restructuring of its rate plans to further enhance customer choice.

SK Broadband, the company’s fixed-line subsidiary, recorded revenue of KRW 1.1498 trillion and operating income of KRW 116.6 billion, up 3.2% and 21.4% year over year (YoY), respectively, driven by growth in high-speed internet subscribers.

AI Data Center business accelerates, fuelling full-scale push into AI B2B market

SKT’s AI business is delivering tangible results through its strategy of focus and selectivity.

The AIDC business, a key growth engine, recorded revenue of KRW 131.4 billion in the first quarter, surging 89.3% YoY. Performance was driven by higher utilization rates at data centers including the Gasan (Seoul) data center, as well as increased revenue from GPUaaS (GPU-as-a-Service), adding further momentum to the business.

A service that provides GPU resources in a cloud-based model according to customer demand

As AI infrastructure demand from global Big Tech companies accelerates rapidly, SKT plans to reinforce its competitiveness across the full AIDC value chain and continuously expand its infrastructure footprint.

The company will also broaden its push into the AI Business-to-Business (B2B) market. As the only domestic provider with full-stack capabilities spanning AI infrastructure, models, and services, and drawing on its accumulated experience in the enterprise business, SKT plans to make a full-scale entry into the AI B2B market going forward. To this end, the company has recently established an integrated organization to drive enterprise business, reporting directly to the CEO.

In the AI Business-to-Consumer (B2C) space, SKT plans to enhance its fundamental competitiveness by creating synergies between the AI agent business and the telecommunications industry. In particular, its flagship AI service ‘A.’ (pronounced “A-dot”) is set to enhance its performance by leveraging a sovereign AI foundation model on par with leading global models, thereby strengthening its standalone competitiveness.

“The first quarter of 2026 was a meaningful period in which we delivered tangible results in line with this year’s goals — strengthening fundamental competitiveness centered on customer value and restoring profitability through a focused AI business,” said Park Jong-seok, CFO of SK Telecom. “Going forward, we will make every effort to restore our earnings by generating sustained results.”

The conference call in regard to SKT’s 1Q 2026 earnings results can be heard via SKT’s webpage on Thursday, May 7, from 16:00 Seoul Time.

Attachment 1. Summary of Consolidated Income Statement (Unit: KRW billion)

 

Type

26.1Q

25.1Q

YoY

25.4Q

QoQ

Revenue

4,392.3

4,453.7

△1.4%

4,328.7

1.5%

Operating Income

537.6

567.4

△5.3%

119.1

351.3%

Net Income

316.4

361.6

△12.5%

97.0

226.2%

Attachment 2. Summary of Non-Consolidated Income Statement (Unit: KRW billion)

 

Type

26.1Q

25.1Q

YoY

25.4Q

QoQ

Revenue

3,105.8

3,167.5

△1.9%

3,083.7

0.7%

Operating Income

409.5

482.4

△15.1%

130.8

213.2%

Net Income

332.7

474.6

△29.9%

106.0

214.0%

 

Epson celebrates innovation and sustainable design at Australian Fashion Week 2026

SYDNEY, May 07– As the official digital print and projector partner of the Australian Fashion Council (AFC), Epson Australia has announced its participation in Australian Fashion Week 2026, taking place from 11–15 May 2026 at the Museum of Contemporary Art (MCA) and venues across Sydney.

 

Epson celebrates innovation and sustainable design at Australian Fashion Week 2026

 (l-r) Epson Australia Managing Director Craig Heckenberg, Samantha Delgos, General Manager, Australian Fashion Council, Marianne Perkovic, Executive Chair, Australian Fashion Council and Epson Australia Corporate Marketing Manager, Priscilla Dickason

This year’s event will bring together the nation’s most creative and forward‑thinking designers and innovators in a celebration of Australian culture, design and sustainable fashion manufacturing. 

For Epson, participation in Australian Fashion Week builds on its continuing partnership with the Australian Fashion Council, strengthening a shared commitment to fostering a more sustainable, innovative and locally empowered fashion industry.

Epson A/NZ MD Craig Heckenberg said, “As a key strategic partner of the AFC, we are fully committed to our support of Australian Fashion Week 2026. Together with the AFC, Epson is championing the future of Australian fashion manufacturing by creating meaningful opportunities between designers, brands and local makers. We’re showcasing how digital textile printing technology supports more sustainable, on‑demand production, helping designers bring their creativity to life locally and responsibly.”

A highlight of Epson’s program at Australian Fashion Week 2026 will be ‘Meet the Makers’, a curated matchmaking experience co‑hosted with the AFC and part of the AFC Talks, presented by Afterpay during AFW. The event brings Australian fashion brands and local manufacturers together under one roof, allowing designers to discover the craftsmanship, skill and production capacity available within Australia’s own borders.

Epson will take a leading role in the manufacturer showcase, demonstrating how digital textile printing technologies, such as the Epson Monna Lisa direct‑to‑fabric printer, integrate seamlessly into modern local production.

Featuring water‑based pigment inks and precision print technology, the Monna Lisa enables sustainable on‑demand manufacturing, reducing waste and making local production far more cost‑effective.

 

Epson celebrates innovation and sustainable design at Australian Fashion Week 2026

Epson Monna Lisa direct‑to‑fabric printer

By connecting brands with local manufacturing capability, Epson aims to help strengthen domestic supply chains, empower Australian fashion makers and reduce the environmental footprint of fashion creation.

Epson is also partnering with the AFC as the naming sponsor of the Epson Media Centre at AFW, providing a dedicated hub where local and international press can capture, file and share the stories shaping Australian fashion throughout the week. It’s also where the press and media can report on AFC Talks, presented by Afterpay.

“AFC Talks, presented by Afterpay, brings together the conversations that are most critical to our industry right now and shaping its future,” said Marianne Perkovic, Chair of the Australian Fashion Council. “These sessions go to the heart of the challenges we face and the opportunities ahead, from building global distribution to developing circular business models that deliver both commercial outcomes and cultural impact. They also recognise the broader economic importance of the fashion industry and the critical role it plays as a connected ecosystem. AFC Talks provides a platform to hear directly from industry leaders, share insights and bring the community together beyond the runway, creating space for everyone to engage, connect and help shape the future of Australian fashion.”

Epson’s involvement in Australian Fashion Week complements its ongoing collaboration with the AFC on long‑term initiatives that support onshore manufacturing, skills development and sustainability across the fashion and textile sector.

Since 2023, Epson and the AFC have worked together to:

• Deliver research on the current and future state of Australian fashion manufacturing

• Undertake a feasibility study for a smart manufacturing facility, integrating advanced machinery, software and digital production systems to support a local, on-demand model

• Explore circular economy pathways and sustainability programs to ensure the industry transitions responsibly by 2030

Epson also fully supported the AFC’s National Manufacturing Strategy launched in March 2026 at Parliament House to drive investment and innovation.

These collective efforts aim to build a future where Australian designers can produce collections sustainably and competitively on home soil supported by technologies that enhance efficiency and enable creative freedom.

Heckenberg added, “By showcasing what’s increasingly possible onshore, we will collectively strengthen local supply chains. The AFC’s National Manufacturing Strategy, which Epson proudly supports, represents an important step toward building a more resilient, sustainable and innovative future for Australian fashion.”

Epson’s global leadership in digital textile printing positions it as a technology partner of choice for designers and manufacturers seeking to produce responsibly and efficiently.

With solutions such as its Monna Lisa direct-to-fabric series printers Epson enables print‑on‑demand manufacturing that minimises waste, reduces energy use and shortens supply chains – all key goals for an industry striving to meet both environmental and creative challenges.

Epson’s participation in Australian Fashion Week 2026 underlines its role as a technology enabler for local innovation, connecting creativity with sustainability while supporting the AFC’s mission to future‑proof Australian fashion.

Australian Fashion Week 2026
Dates: 11–15 May 2026
Venues: Museum of Contemporary Art (MCA) and various locations around Sydney
Presented by: The Australian Fashion Council

Toshiba Releases 2:1 Multiplexer / 1:2 Demultiplexer Switches Supporting High-Speed Differential Signals such as PCIe® 6.0 and USB4® Version 2.0

Business Wire India

Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched “TDS5C212MX” and “TDS5B212MX,” 2:1 multiplexer (Mux) / 1:2 demultiplexer (De‑Mux) switches that support next-generation high-speed interfaces such as PCIe® 6.0 [1] and USB4® Version 2.0 [2]. Volume shipments of the new products start today.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260506857843/en/

 

 

Toshiba: TDS5C212MX and TDS5B212MX, multiplexer/demultiplexer switches for high-speed differential signals such as PCIe® 6.0 and USB4® Ver.2, for PCs, servers and more.

Toshiba: TDS5C212MX and TDS5B212MX, multiplexer/demultiplexer switches for high-speed differential signals such as PCIe® 6.0 and USB4® Ver.2, for PCs, servers and more.

 

As servers, industrial testers, robots, and PCs continue to evolve, demand is growing for reliable switching of ultra‑high‑speed, wide‑bandwidth differential signals—such as PCIe® 6.0 and USB4® Version 2.0—within increasingly limited board space. Toshiba’s new products meet this requirement with a proprietary SOI process (TarfSOI™) [3] that achieves an industry‑leading [4] -3‑dB bandwidth (differential) of 34GHz (typ.) for TDS5C212MX and 29GHz (typ.) for TDS5B212MX. These wide bandwidths significantly suppress signal waveform distortion and help to improve reliability in high-speed data transmission.

 

The new devices can be used as 2-input/1-output Mux switches or 1-input/2-output De-Mux switches in high-speed differential signal applications, such as PCIe® 6.0 and USB4® Version 2.0. They support sharing of a single high-speed interface among multiple devices and switching signal paths according to system requirements.

 

 

Both products feature pin layouts optimized for high-frequency characteristics. In particular, TDS5C212MX minimizes signal path length to reduce reflections and losses, improving high-speed signal integrity. They both support an operating temperature range of -40°C to 125°C, making them suitable for industrial applications.

 

 

Toshiba will continue to contribute to next‑generation systems by developing high‑performance, highly reliable analog switches that support the evolution of high‑speed interfaces.

 

 

Notes:

[1]

A next-generation interface standard defined by PCI-SIG that doubles the data transfer rate to 64 GT/s compared with PCIe® 5.0.

[2]

An interface standard defined by USB‑IF that supports high‑speed data transfer of up to 80 Gbps.

[3]

TarfSOI™ (Toshiba advanced RF SOI): TarfSOI™ is an SOI-CMOS (silicon-on-insulator-complementary metal oxide semiconductor) front-end process technology developed by Toshiba for high‑frequency semiconductor applications.

[4]

As a 2:1 Mux / 1:2 De-Mux switch. Based on Toshiba survey as of May 2026.

 

 

Applications

 

  • Industrial testers, robots
  • PCs, servers, mobile devices, wearable devices, etc.

 

 

Supported Interfaces

 

  • PCIe® series: PCIe 6.0 / 5.0 / 4.0 / 3.0
  • CXL™ series: CXL 3.0 / 2.0 / 1.0
  • USB series: USB4® Version 2.0 / USB4® / USB 3.2 Gen2×1 / Gen1×1
  • Thunderbolt™ series: Thunderbolt 5 / 4 / 3 / 2
  • DisplayPort™ series: DisplayPort 2.0 / 1.4 / 1.3 / 1.2

 

 

Features

 

  • High -3-dB bandwidth (differential) supporting high‑speed differential signals such as PCIe® 6.0 and USB4® Version 2.0
    TDS5C212MX: 34GHz (typ.)
    TDS5B212MX: 29GHz (typ.)
  • Wide operating temperature range: -40°C to 125°C

 

 

Main Specifications

 

Part number

TDS5C212MX

TDS5B212MX

Package

Name

XQFN16

Size (mm)

2.4×1.6 (typ.), t=0.4 (max)

Operating ranges

 

(Ta=-40 to 125°C)

Supply voltage VCC (V)

1.6 to 3.6

Signal pins differential voltage

 

VI/O(Diff) (V)

0 to 1.8

Signal pins common mode voltage

 

VI/O(Com) (V)

0 to 2.0

DC characteristics

 

(Ta=-40 to 125°C)

Current consumption Iope (μA)

VS = 0V

Typ.

70

High frequency characteristics

 

(Ta=25°C)

–3-dB Bandwidth (differential) BW(Diff) (GHz)

Typ.

34

29

Differential insertion loss

 

DDIL (dB)

f=5.0GHz

Typ.

-0.7

-0.7

f=8.0GHz

-0.8

-0.8

f=10.0GHz

-0.9

-0.9

f=12.8GHz

-1.1

-1.1

f=16.0GHz

-1.2

-1.2

Differential return loss

 

DDRL (dB)

f=5.0GHz

Typ.

-21

-20

f=8.0GHz

-24

-20

f=10.0GHz

-21

-19

f=12.8GHz

-20

-20

f=16.0GHz

-14

-15

Differential OFF isolation

 

DDOIRR (dB)

f=5.0GHz

Typ.

-33

-36

f=8.0GHz

-27

-29

f=10.0GHz

-25

-26

f=12.8GHz

-24

-26

f=16.0GHz

-24

-27

Differential Crosstalk

 

DDXT (dB)

f=5.0GHz

Typ.

-41

-41

f=8.0GHz

-37

-37

f=10.0GHz

-35

-35

f=12.8GHz

-33

-33

f=16.0GHz

-31

-31

Sample Check & Availability

Buy Online

Buy Online

         

 

 

 

Follow the links below for more on the new products.
TDS5C212MX
TDS5B212MX

 

Follow the link below for more on Toshiba’s General Purpose Logic ICs.
General Purpose Logic ICs

 

 

To check availability of the new products at online distributors, visit:
TDS5C212MX
Buy Online

 

 

TDS5B212MX
Buy Online

 

 

* USB4® is a registered trademark of USB Implementers Forum.
* Thunderbolt™ is a trademark of Intel Corporation or its subsidiaries.
* DisplayPort™ is a trademark owned by the Video Electronics Standards Association (VESA®) in the United States and other countries.
* PCIe® is a registered trademark of PCI-SIG.
* TarfSOI™ is a trademark of Toshiba Electronic Devices & Storage Corporation.
* Other company names, product names, and service names may be trademarks of their respective companies.
* Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

 

 

About Toshiba Electronic Devices & Storage Corporation

 

 

Toshiba Electronic Devices & Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products.

 

 

Its 17,400 employees around the world share a determination to maximize product value, and to promote close collaboration with customers in the co-creation of value and new markets. The company looks forward to building and to contributing to a better future for people everywhere.

 

 

Find out more at https://toshiba.semicon-storage.com/ap-en/top.html

 

 

 

 

 

XBOW Secures Additional $35M from Strategic Investors, Including Select Customers and Ecosystem Partners

Business Wire India

XBOW, the leader in autonomous offensive security, today announced $35 million in additional Series C financing from investors Accenture Ventures, DNX Ventures, Liberty Global Tech Ventures, NVentures (NVIDIA’s venture capital arm), Samsung Ventures, and SentinelOne S Ventures. The raise extends its previously announced $120 million Series C round, and highlights a broader shift: major enterprises are not just adopting XBOW’s platform, but investing in it as they look to keep pace with increasingly sophisticated, AI-driven attacks.

 

“We’re learning in real time from teams operating at massive scale, and using that insight to build faster for defenders on the front lines,” said Oege de Moor, Founder and CEO, XBOW. “The strongest alignment is when your customers are also in the trenches with you as investors and partners.”

 

 

XBOW now serves more than 100 customers worldwide, including several strategic investors in this round, alongside industry leaders like Moderna and Seznam.

 

 

“The attacker’s point of view is foundational to defense, but difficult to operationalize. XBOW changes this by surfacing exploitable and novel findings at machine speed,” said Alex Krongold, Director, Corporate Development & Ventures, SentinelOne. “Each XBOW agent operates like an extension of our in-house red team, allowing us to scale offensive testing with speed and depth that was previously out of reach.”

 

 

Continuous Offensive Security at Machine Speed

 

 

Until now, attackers were constrained by talent. Even the most sophisticated adversaries could not target every system, every version, all the time. With AI, attackers now operate continuously and at scale, probing every release, every environment, and every exposed surface. Traditional human-led penetration testing cannot keep pace with AI-driven attackers and modern development cycles.

 

 

XBOW uses AI to find and exploit vulnerabilities in applications the way attackers do, running continuously instead of as a point-in-time pentest. It produces validated findings with a low false-positive rate, and can also confirm the exploitability of findings surfaced by other tools so security teams aren’t chasing noise.

 

 

As software ships faster, continuous offensive testing is becoming a core part of the security stack. XBOW lets customers test more often, cut validation backlogs, and proactively stay ahead of attackers rather than reacting to them.

 

 

Fueling Global Expansion

 

 

This latest financing further accelerates XBOW’s go-to-market expansion and international growth strategy. With the deep expertise and regional network of DNX Ventures across Asia Pacific, combined with Samsung’s role as a preferred reseller in South Korea, XBOW is expanding its distribution channels and partner ecosystem to accelerate adoption in this key global market.

 

 

“We’re seeing accelerating demand for XBOW as organizations look for continuous, intelligent security testing,” said a Samsung Ventures America representative. “As a customer, we’ve experienced the platform’s ability to surface real-world risks with speed and precision. XBOW stands out in a crowded market, and we’re excited to now back this talented team as both a partner and investor.”

 

 

The company recently surpassed 250 employees and continues to scale its go-to-market, engineering, and operations teams to meet accelerating enterprise demand. As XBOW enters its next phase of growth, it remains focused on expanding its global footprint and enabling security teams to operate at attacker speed, continuously, safely, and at scale.

 

 

For more information, please visit xbow.com.

 

 

About XBOW

 

 

XBOW is the autonomous offensive security company redefining cyber defense for the AI era. Combining AI reasoning with offensive security workflows, the XBOW platform delivers expert-level security testing at machine speed. XBOW empowers security teams to transform from reactive to proactive defense at AI scale. For XBOW customers, autonomous offense is the best defense.

 

 

 

 

 

Submission Deadline for 5th Cycle of the Mohammed bin Rashid Al Maktoum Global Water Award Extended to 30 September 2026

Business Wire India

In response to requests from a large number of participants, the UAE Water Aid Foundation (Suqia UAE) has extended the submission deadline for the fifth cycle of the Mohammed bin Rashid Al Maktoum Global Water Award to 30 September 2026. The extension aims to enable the widest possible participation from applicants around the world.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260505894901/en/

 

 

Submission deadline for 5th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award extended to 30 September 2026 (Photo: AETOSWire)

Submission deadline for 5th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award extended to 30 September 2026 (Photo: AETOSWire)

 

Launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and overseen by Suqia UAE under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, the award supports research and development efforts to develop sustainable solutions to address the global water crisis using renewable energy. It aims to tackle water scarcity challenges and improve access to safe water for less developed communities worldwide.

 

The fifth cycle of the award places greater emphasis on digital transformation, prioritising projects that utilise artificial intelligence and machine learning algorithms to enhance proactive monitoring and improve operational efficiency. This approach underscores the award’s commitment to addressing human needs while keeping pace with global technological advancements.

 

 

With a total prize value of USD 1 million, the award comprises four main categories: the Innovative Projects Award, the Innovative Research and Development Award, the Innovative Individual Award and the Innovative Crisis Solutions Award. The largest share, amounting to USD 540,000, is allocated to the Innovative Projects Award, comprising USD 300,000 for large projects and USD 240,000 for small projects. The Innovative Research and Development Award totals USD 400,000, divided equally between national and international institutions. Meanwhile, the Innovative Individual Award offers USD 40,000, split evenly between the Distinguished Researcher Award and the Youth Award, with USD 20,000 allocated to the Innovative Crisis Solutions Award.

 

 

Over the last four cycles, the award recognised 43 winners from 26 countries for their pioneering work in water production, desalination and purification. Millions of people have benefited from the fourth cycle’s winning projects, which have been implemented in many countries, including Tunisia, Egypt, Botswana, Vietnam, Laos, Cambodia, Côte d’Ivoire, Lebanon, Syria, Colombia, Venezuela, Haiti, Turkey, Bangladesh, Myanmar, the Philippines, Fiji, Ukraine, Georgia and Indonesia.

 

 

Applications can be submitted via https://www.mbrwateraward.ae/en/awards and inquiries can be sent to award@suqia.ae.

 

 

*Source: AETOSWire

 

 

 

 

 

Vayana Trade Receivables Securitisation Wins PICUP 2026 Award for Innovation in RAM Lending

May 07: Vayana – India’s Most Trusted Trade Credit Infrastructure, has been named the Innovator in RAM Lending – Mature Category at the PICUP Fintech 2026 Awards, jointly organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks’ Association (IBA). The recognition, adjudicated by a senior jury of banking leaders, regulators, and industry experts, is among the most credible institutional acknowledgments in Indian fintech.
 
The award honours Vayana Trade Receivables Securitisation (TRS) product – India’s first corporate-originated securitisation structured under SEBI’s Securitisation of Debt Instruments Regulations, 2008. This instrument allows corporates to convert accepted trade receivables into rated securities, placed directly with institutional investors through a Special Purpose Vehicle trust. This TRS structure is listed on the BSE and rated by ICRA. It establishes a New Asset Class in India that is at the intersection of Trade Finance and Global Capital Markets.
 
“No corporate in India had originated a Trade Receivables Securitisation under SEBI SDI Regulations before Vayana. The legal framework, rating structure, trust setup, and escrow mechanism were all established for the first time, enabling affordable and timely trade credit.” – Ram Iyer, Founder & CEO Vayana.
 
The jury’s recognition in this category, reserved for innovations with demonstrated, scalable deployment reflects the product’s live performance record. At the time of the award evaluation, multiple TRS deals had been completed with participation from institutional investors.
 
While the award recognises Vayana‘s impact in the Retail, Agriculture, MSME (RAM) segment, the TRS structure is built for scale well beyond it. Corporates across sectors that have a pool of accepted trade receivables, can originate a securitisation under this framework, unlocking institutional capital without bank intermediation.
 
In its current deployment, unrated and underbanked MSME buyers across Tier 2 and Tier 3 markets receive formal supply chain credit for the first time, without individual borrowing requirements, collateral, or credit checks. For Vayana, this is not just a product milestone, it is proof that India’s Trade Credit Infrastructure can be reimagined to reach those the formal credit system has long left behind.

Servotech Renewable Secures 1415 kW Solar Rooftop Project Order from South Central Railway, Vijayawada Division

Servotech Renewable Secures 1415 kW Solar Rooftop Project Order from South Central Railway, Vijayawada Division

 

New Delhi, May 07, 2026: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), an NSE-listed renewable energy and EV charging solutions company, has secured a 1415 kW solar rooftop project order from the Vijayawada Division (BZA) of the South Central Railway (SCR), strengthening its growing engagement with Indian Railways and public infrastructure renewable energy projects.

Under the scope of the project, Servotech Renewable will be responsible for the design, engineering, supply, installation, testing, and commissioning of grid-connected rooftop solar systems across multiple railway sites under the Vijayawada Division. The project aligns with Indian Railways’ ongoing focus on accelerating renewable energy adoption and reducing carbon emissions through sustainable infrastructure development. The order was secured through a competitive bidding process, further reflecting Servotech Renewable’s capabilities in executing institutional and government-led renewable energy projects.

Commenting on the order, Sarika Bhatia, Director, Servotech Renewable Power System Ltd., said, “We are pleased to strengthen our association with Indian Railways through this project with the Vijayawada Division. Such projects reflect the growing momentum towards clean energy integration across critical public infrastructure in India. We remain committed to delivering efficient, reliable, and high-performance solar solutions that support institutions in achieving their sustainability objectives while contributing to broader renewable energy adoption goals.”

The project further strengthens Servotech Renewable’s institutional order book and reflects the company’s continued participation in government-led renewable energy initiatives.

Suvendu Adhikari’s Aide Shot Dead in Bengal, Another Critically Injured in Late-Night Attack!

KOLKATA, May 7 (BNP): In a shocking incident that has intensified political tensions in West Bengal following the Assembly election results, Chandranath Rath, personal assistant to senior BJP leader Suvendu Adhikari, was shot dead by motorcycle-borne assailants in Madhyamgram near Kolkata airport late Wednesday night.

According to police, the incident took place around 10:20 PM when Rath, accompanied by another aide, Buddhadeb Bera, was returning home in a Scorpio vehicle. Their car was allegedly intercepted in a narrow lane by another vehicle, after which armed attackers on a motorcycle opened fire at point-blank range through the front passenger-side window.
Rath, who had been associated with Adhikari’s close team for nearly five years, sustained critical injuries and was declared dead upon arrival at a nearby hospital. Buddhadeb Bera was also seriously injured and is currently undergoing treatment.

Investigators said multiple rounds were fired during the attack. Police have launched an intensive probe and are examining all possible angles, including political rivalry and personal enmity. No arrests had been reported till the filing of this report.

The incident comes just 48 hours after the BJP secured a massive victory in West Bengal, winning 207 seats in the 294-member Assembly. Suvendu Adhikari retained his Nandigram seat and also defeated outgoing Chief Minister Mamata Banerjee in Bhowanipore.

Adhikari reached the crime scene around midnight but had not issued any official statement immediately after the incident. Meanwhile, the killing triggered fresh concerns over post-poll violence in the state.

West Bengal BJP president Samik Bhattacharya condemned the attack and called for strict action against those responsible. Senior BJP leaders have reportedly directed party workers to maintain peace and avoid further escalation.

 

Haiqu Launches Agentic Quantum Operating System for Enterprise Applications R&D

Full-stack platform combines agentic AI with proprietary middleware that helps build and solve complex problems faster with fewer computational resources on today’s quantum hardware

NEW YORK CITY – May 6, 2026 – Haiqu, a leading developer of quantum middleware, today announced the launch of its Agentic Quantum Operating System (OS), the first full-stack quantum intelligence platform for enterprise and scientific quantum R&D.

Currently, quantum development is impeded by the time and costs it takes to design the right application, execute the experiment, and iterate on the results.

Haiqu’s Agentic Quantum OS is designed to bring new performance standards to quantum R&D teams. It combines quantum research agents with Haiqu’s proprietary software stack to help teams identify the right problem, design executable quantum experiments, and run them efficiently on real quantum hardware.

Coupled with additional performance and execution layers, the platform is designed to help enterprise R&D teams get usable results faster, spend less money per experiment, train new researchers more easily, and turn early ideas into testable prototypes faster.

“The bottleneck for quantum R&D teams is often not access to a QPU. It is the time and expertise required to identify the right problem, structure the work and get credible application prototypes,” said Richard Givhan, CEO and Co-founder of Haiqu. “With our first Agentic Operating System, we are giving R&D teams effective tools to achieve commercial applications as systems become more powerful.”

Haiqu’s end-to-end platform equips quantum engineers to guide application development using natural language through business questions or exploratory research ideas to produce an execution-ready quantum application plan using three key pillars:

  • Agentic Intelligence — built on Haiqu’s proprietary quantum algorithm research, domain-specific workflows, and a curated quantum theory knowledge base, that automates application design and guides users to optimal approaches.
  • Haiqu SDK — developer tools built using agents with users in mind that can be easily deployed in agentic development workflows to maximize performance through data loading, algorithmic optimization and error mitigations, enabling users to extract more value from every quantum operation.
  • Haiqu Runtime — an orchestration engine that streamlines how applications execute with an optimal infrastructure layer, reducing cost and time required to iterate on quantum applications.

In recent tests completed by the company on a quantum system, a molecular dynamics simulation that previously required $30,000 and more than nine hours to run was reproduced for about $25 in roughly 30 seconds by optimizing execution on the Haiqu platform. Similar results or better were found for optimization algorithms, quantum machine learning models, and probability distributions.

HaiquOS also demonstrated that agentic quantum workflows can translate advanced scientific problems into executable experiments. The system prepared simulations of the single-impurity Anderson model, a foundational model for strongly correlated electron systems, from scratch and built a Haiqu OS/SDK pipeline for simulating neutron-scattering experiments on one-dimensional quantum magnets. The pipeline reproduced experimentally observed signatures of magnetic materials, showing that today’s quantum computers, when paired with the right software stack, can already support meaningful scientific simulations. Learn more about these results here.

A number of enterprises already received early access to the OS, including Capgemini and Deloitte.

Dr. Kristin Milchanowski, Chief AI & Quantum Officer at BMO and Founding Director of the BMO Institute for Applied Artificial Intelligence & Quantum, said research into emerging quantum software platforms can help inform how the industry addresses foundational scalability challenges.

“As quantum hardware continues to evolve, foundational challenges such as data loading and efficient utilization of limited qubits remain critical hurdles,” said Milchanowski. “Observing research into tools like Haiqu’s middleware allows for a deeper understanding of how these bottlenecks might eventually be addressed. These early-stage, research-driven insights are vital for informing the long-term direction of the quantum landscape and understanding the future scalability of the technology.”

Netwrix Builds Out Leadership Bench with CTO, VP of Engineering, and Head of Americas Channel

FRISCO, Texas – May 6, 2026 – Netwrix, a recognized leader in identity and data security solutions, today announced the appointment of Avesta Hojjati as Chief Technology Officer, Marcin Gierlak as Vice President of Engineering and Kraków Site Leader, and Natalie Tomlin as Head of Channel for North America.

“With AI fueling both external attackers and data leakage, our customers are confronted by security challenges that are more complex than ever — more identities, more data, more risk,” said Grady Summers, CEO at Netwrix. “We’re bringing in leaders across engineering and channel to accelerate innovation and help partners improve customers’ security posture and AI governance.”

Avesta Hojjati joins from SecurityScorecard, where he served as CTO and led cross-functional teams spanning AI, data science, threat intelligence, product engineering, and core platform operations taking a new platform from concept to production in under 12 months. He brings experience on both the offensive and defensive sides of security, alongside deep expertise in AI, machine learning, and distributed systems. Before SecurityScorecard, he spent eight years at DigiCert leading engineering across IoT security, automation, and digital trust. Earlier roles include Symantec and Yahoo. He holds a Ph.D. in Computer Science from the University of Illinois Urbana-Champaign and is named on more than 45 patents.

Marcin Gierlak most recently served as VP of Engineering at Napster, where he led teams focused on machine learning and AI research in production systems. He has held engineering leadership roles at HID Global and IBM and has led distributed engineering teams across multiple geographies. Based in Krakow, he will also serve as site leader for Netwrix’s innovation center and engineering hub there.

Natalie Tomlin brings extensive channel and partner leadership experience across leading cybersecurity companies, including McAfee and Trellix, with additional experience building partner programs at Palo Alto Networks. Recognized by CRN as a Woman of the Channel, she has built and scaled partner-driven growth across national and commercial markets, working with MSPs and cloud providers such as AWS and Azure. At Netwrix, she will expand the North American partner network and strengthen how the company goes to market through the channel.