Finnish Study: 40,000 m3 Hydrogen Cavern in Bedrock Costs EUR 30M

Espoo – October 19, 2026 -- A 40,000 cubic metre underground hydrogen storage facility in Finnish crystalline bedrock would cost approximately EUR 30 million and take four to five years to deliver, including planning and permitting, according to a study by VTT Technical Research Centre of Finland and the Geological Survey of Finland GTK.

The Business Finland-funded HUG project is the first comprehensive assessment of hydrogen storage requirements under Finnish conditions. Nearly twenty companies active in Finland's hydrogen economy took part.

Elbit Systems Wins $235M European Rocket Artillery Contract

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Elbit Systems Wins $235M European Rocket Artillery Contract

Haifa – October 19, 2026 -- Elbit Systems Ltd. has been awarded a contract valued at approximately $235 million to supply EXTRA-MR rockets and PULS rocket artillery systems to an unnamed European customer, to be performed over three years.

Government-to-government deal links Israeli and European defense ministries

The award falls under a government-to-government agreement between the Israel Ministry of Defense and the Ministry of Defense of the customer country. The source does not name the buyer.

Package covers medium-range rockets, PULS launchers and logistics support

Elbit will supply the medium-range variant of its EXTRA supersonic rocket system. The scope also includes Precise & Universal Launching System (PULS) launchers, additional rocket-artillery-related platforms and integrated logistics support.

Ericsson Buyback Lifts Treasury Stock to 129.9M Class B Shares

Stockholm – October 19, 2026 -- Ericsson now holds 129,915,894 Class B shares in treasury after repurchases made between October 12 and October 16, 2026, under its SEK 15 billion buyback program.

Ericsson runs the SEK 15 billion program through March 2027

The program was announced on April 16, 2026. It runs from April 23, 2026, until March 31, 2027, at the latest. The weekly disclosure covers purchases of Class B shares (ISIN: SE0000108656). The source text does not include the volumes or prices for the week, which are given in an attached breakdown.

Goldman Sachs Bank Europe executes all trades on Nasdaq Stockholm

Goldman Sachs Bank Europe SE carried out all acquisitions on Nasdaq Stockholm on behalf of Ericsson. The program follows Regulation (EU) No 596/2014 on market abuse and Commission Delegated Regulation (EU) 2016/1052, known as the Safe Harbour Regulation.

WuXi Biologics to Expand to 300 IND Programs a Year by 2027

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WuXi Biologics to Expand to 300 IND Programs a Year by 2027

Basel – October 19, 2026 -- WuXi Biologics will expand annual capacity to approximately 300 IND programs and 20 BLA programs by 2027, as bispecific antibodies and ADCs made up 71% of the 169 projects it added in the first half of 2026. More than two-thirds of those new programs originated in the United States and Europe, the company said at its 3rd annual Basel CRDMO+ Day, held alongside Festival of Biologics Basel 2026, which drew more than 3,000 industry professionals.

The company's portfolio stands at 1,064 integrated projects, including 399 first-in-class programs, 732 global IND clearances and more than 90 market authorizations. More than 100 biotech and pharma leaders attended the Basel session.

METI's Global Startup EXPO 2026 Draws 10,000+ Visitors in Osaka

Tokyo – October 19, 2026 -- Japan's Ministry of Economy, Trade and Industry (METI) drew more than 10,000 visitors to Global Startup EXPO 2026 (GSE2026) in Osaka and named 10 winners at the Nippon Startup Awards 2026, putting robotics and genome-editing startups at the center of its deep-tech push.

GSE2026 hosts 50+ sessions with global investors in Osaka

GSE2026 ran October 5-7 in Osaka and featured more than 50 conference sessions. METI said the event generated business matchmaking sessions between global investors and Japanese startups exploring strategic investments and collaborations.

Ben Horowitz, co-founder of Andreessen Horowitz (a16z), and Andy Rubin, co-founder of Android, took part. METI plans to hold the Global Startup EXPO again next year.

Linker Vision Launches ESG AI Agent to Model Urban Tree Shade

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Linker Vision Launches ESG AI Agent to Model Urban Tree Shade

Berlin – October 19, 2026 -- Linker Vision launched an ESG AI agent that, in a pilot, projected urban shade coverage rising from 15.7% to more than 50% within 15 years through targeted tree planting.

Agent simulates 15 years of planting scenarios in minutes

The agent combines environmental predictions with AI reasoning to assess urban heat and shade coverage. It identifies heat hotspots, selects suitable tree species and simulates the results. A planner asks where new trees would best reduce street-level heat. The agent then tests planting options and models shade and temperature over 15 years in minutes. Planners review the recommended plan before an urban heat hotspot project moves forward.

Trend Micro Offers Up to ¥10B in Credits for Japan Cyber Push

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Trend Micro Offers Up to ¥10B in Credits for Japan Cyber Push

Tokyo – October 19, 2026 -- Trend Micro (TSE: 4704) plans to make available up to ¥10 billion in TrendAI Flex licensing credits under a new Japan Cyber Resilience Initiative, as publicly disclosed cyber incidents in Japan hit 607 in the first nine months of 2026, already above the 594 recorded for all of 2025.

The incident tally comes from TrendAI threat research and is current as of October 9, 2026. Trend Micro notes the figure may change as incidents are disclosed retroactively and further cases are added.

HKU, GCSA Launch Joint AI and Cybersecurity Research Centre

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HKU, GCSA Launch Joint AI and Cybersecurity Research Centre

Hong Kong – October 19, 2026 -- The University of Hong Kong (HKU) and the Global Cybersecurity Alliance (GCSA) have jointly established the Centre for AI and Cybersecurity Research, with four defined research directions spanning large language model security, automated threat defence, frontier-technology risk and global AI security standards.

Professor Ho Chen, Chair of Cybersecurity at the HKU School of Computing and Data Science, will serve as Acting Director. The Centre will bring together researchers from HKU, GCSA and international partner institutions. It will also engage experts in artificial intelligence, cybersecurity and technology governance for research and advisory roles.

Salmon Group Secures $140M to Scale Philippine Lending

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Salmon Group Secures $140M to Scale Philippine Lending

Manila – October 19, 2026 -- Salmon Group, a technology-driven banking and lending platform in the Philippines, has secured an additional $140 million in financing to expand its lending operations in the country.

Financing combines $90 million in commitments with $50 million in bond proceeds

The round consists of $90 million committed by Spice Expeditions, WashU and Moore, plus $50 million of bond proceeds.

Proceeds will fund the scaling of profitable lending, specifically the Salmon Credit Line and in-store lending. They will also finance the nationwide roll-out of new products, including motorcycle and MSME lending.

Salmon reaches 9 million app downloads in under four years of operations

Salmon operates through two licensed entities: Salmon Bank (Rural Bank), licensed by the BSP, and Salmon Finance, licensed by the SEC. The company describes itself as one of the fastest-growing technology companies in the Philippines.

Truecaller Q3 Sales Reach SEK 464M as Premium Offsets Ad Drop

Stockholm – October 19, 2026 -- Truecaller expects third-quarter 2026 net sales of SEK 464 million (468), a 3% rise in constant currencies year over year and an 18% increase on the second quarter, according to preliminary unaudited figures.

Ad revenue falls 12% year over year but rebounds 23% on the quarter

Ad revenues are expected at SEK 245.6 million (290.2), down 12% in constant currencies from the third quarter of 2025 and up 23% from the previous quarter. CEO Rishit Jhunjhunwalam said the company is moving to its own ad platform and auction process, and revenue improved gradually during the quarter.

Premium revenue jumps 32% to SEK 127.1 million

Premium revenues are expected at SEK 127.1 million (96.4), up 32% in constant currencies year over year. Truecaller for Business is expected to bring in SEK 85.1 million (79.9), up 14% in constant currencies year over year and 15% on the previous quarter.