Financial Disclosure

Backswing Ventures Warns Defense Tech Valuations Are Outrunning Exits

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Backswing Ventures Warns Defense Tech Valuations Are Outrunning Exits

Orlando, Fla. – September 18, 2026 -- Mach Industries doubled its valuation to $3.7 billion in three months, up from $470 million a year earlier, as defense startup funding heads for a record 2026 even while exits remain scarce, according to Backswing Ventures.

Crunchbase data shows 2026 funding at record levels with few exits in sight

Crunchbase News reported this month that 2026 is on pace to be the largest year on record for defense startup funding. Backswing Ventures founder Kyle Asman said that surge is not matched by liquidity, since government sales cycles and dual-use commercial traction can take years to materialize into a sale or IPO.

"Raising money has never been faster in this sector," Asman said. "Turning that money into an exit is a separate problem, and a much slower one."

Wi-Fi 7 Drives Record WLAN Shipments as Memory Costs Push Prices Higher

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Wi-Fi 7 Drives Record WLAN Shipments as Memory Costs Push Prices Higher

Redwood City – – September 18, 2026 -- Vendors shipped a record volume of Access Points in the second quarter of 2026, pushing the global WLAN market to double-digit growth across every region, according to Dell'Oro Group's newly published Wireless LAN Quarterly Report.

Wi-Fi 7 captures more than half of second-quarter WLAN sales

Wi-Fi 7 equipment accounted for over 50% of the market in 2Q26, and Dell'Oro Group expects adoption of the standard to keep rising through 2028. Senior Director Siân Morgan said the first Wi-Fi 8 revenue could appear as early as next year, but that Wi-Fi 7 will remain the dominant purchase for enterprise buyers in the interim.

KPS Sells Aluminum Extrusion Maker Metra to Grupa Kęty for €645 Million

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KPS Sells Aluminum Extrusion Maker Metra to Grupa Kęty for €645 Million

New York – – September 18, 2026 -- KPS Capital Partners, LP has signed a definitive agreement to sell its portfolio company Metra to Warsaw-listed Grupa Kęty S.A. for €645 million, with closing expected in the first quarter of 2027 pending customary approvals.

Metra operates nine plants and 1,400 employees across Europe and North America

Metra, headquartered in Rodengo Saiano, Italy, is a vertically integrated manufacturer of extruded aluminum profiles offering painting, oxidation, machining, welding and assembly services. Its products serve rail, industrial and building & construction end-markets. The company runs nine global manufacturing facilities with roughly 1,400 employees.

Tenon Medical Raises $2.87M via Warrant Inducement Deal

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Tenon Medical Raises $2.87M via Warrant Inducement Deal

Jersey City, N.J. – September 18, 2026 -- Tenon Medical, Inc. (NASDAQ: TNON) has closed a warrant inducement agreement generating $2,872,338.58 in gross proceeds from an institutional investor exercising 572,179 outstanding warrants in full.

Institutional investor exercises warrants for immediate cash proceeds

The exercising holder converted 572,179 existing warrants into common stock, delivering gross cash proceeds of $2,872,338.58 to Tenon before deducting advisor fees and other expenses.

Company issues new warrants covering 858,269 shares at $5.02 exercise price

In exchange for the immediate exercise, the investor received new unregistered warrants to purchase up to 858,269 shares of common stock, equal to 150% of the shares issued in the original exercise. The new warrants carry a $5.02 per-share exercise price, are immediately exercisable upon issuance, and expire five years from that date.

Spa Medicca Adds Dr. Sherock & Associates to Ohio Women's Health Network

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Spa Medicca Adds Dr. Sherock & Associates to Ohio Women's Health Network

Canton, Ohio – September 18, 2026 -- Spa Medicca has finalized a partnership with Dr. Sherock & Associates, a women's health practice serving Massillon and Orrville, Ohio, marking the medical aesthetics and wellness platform's latest acquisition in the state.

Seven Hills Capital financed the transaction as Spa Medicca's private equity partner

Seven Hills Capital, an operator-centric healthcare private equity firm, served as Spa Medicca's financial partner in completing the deal and will continue backing the organization's regional expansion strategy.

Netflix to Report Q3 2026 Earnings on October 20

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Netflix to Report Q3 2026 Earnings on October 20

Los Gatos, Calif. – September 18, 2026 -- Netflix, Inc. (NASDAQ: NFLX) will release its third quarter 2026 financial results and business outlook on its investor relations website on Tuesday, September 18, 2026, at approximately 1:01 p.m. Pacific Time.

Netflix schedules live executive interview for 1:45 p.m. Pacific Time on October 20

Co-CEOs Greg Peters and Ted Sarandos, CFO Spence Neumann and VP of Finance/IR and Corporate Development Spencer Wang will appear in a live video interview to answer questions submitted by sell-side analysts.

Session will stream on Netflix's Investor Relations YouTube channel

The live earnings interview will be accessible via the Netflix Investor Relations YouTube channel at 1:45 p.m. Pacific Time, with a recording available approximately 2:30 p.m. Pacific Time the same day.

Network Automation Market to Hit $14.42B by 2032, AI Drives Growth

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Network Automation Market to Hit $14.42B by 2032, AI Drives Growth

Delray Beach, Fla. – September 18, 2026 -- The global network automation market is projected to grow from USD 8.69 billion in 2026 to USD 14.42 billion by 2032, a compound annual growth rate of 8.8%, according to MarketsandMarkets. The market stood at USD 7.88 billion in 2025, marking steady acceleration as enterprises replace fragmented manual network operations with centralized, programmable management systems.

Miral Commits AED 12 Billion to Expand Yas Island Over Five Years

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Miral Commits AED 12 Billion to Expand Yas Island Over Five Years

Abu Dhabi – September 18, 2026 -- Miral will invest more than AED 12 billion in Yas Island over the next five years, funding new attractions, expanded theme parks and additional hotel capacity across the Abu Dhabi destination.

Investment targets attraction expansion and hospitality growth

The capital will support new immersive rides and experiences at existing theme parks, alongside enhancements designed to meet shifting visitor expectations. Miral also plans to grow Yas Island's hotel room inventory and upgrade its accommodation portfolio as part of the five-year pipeline.

Spending sits outside the previously announced Disney project

The AED 12 billion commitment is separate from Miral's earlier announced Disney development on Yas Island, representing an additional layer of investment rather than a consolidation of existing plans.

Forrester Study: Atera's Robin AI Delivers 321% ROI on IT Tickets

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Forrester Study: Atera's Robin AI Delivers 321% ROI on IT Tickets

New York – September 18, 2026 -- A composite enterprise deploying Robin by Atera achieved $7.3 million in risk-adjusted benefits against $1.7 million in costs over three years, yielding a 321% return on investment and $5.5 million in net present value, according to a new Total Economic Impact study conducted by Forrester Consulting on behalf of Atera.

The study found payback occurred in less than six months, with Forrester interviewing four enterprise decision-makers and modeling their combined experiences into a single composite organization: a 2,500-employee enterprise generating $800 million in annual revenue with a 30-person Level 1/Level 2 service desk team.

Robin's autonomous ticket resolution rate climbs from 60% to 90% over three years

Forrester's model forecasts Robin autonomously resolving 60% of manual service desk tickets in Year 1, rising to 90% by Year 3 as system integrations matured and Robin's knowledge base expanded.

Northwind Backs $219M Loan for 100 Wall Street Office-to-Residential Conversion

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Northwind Backs $219M Loan for 100 Wall Street Office-to-Residential Conversion

New York – September 18, 2026 -- Northwind Group has originated a $219 million first mortgage construction loan for 100 Wall Street, a 29-story, 463,000-square-foot office building in Manhattan's Financial District, retiring existing debt and funding conversion of floors 2 through 11 into 168 residential rental apartments.

Conversion targets base floors while upper office space stays nearly full

Floors 15 through 29 will remain office space and are already more than 95% leased and cash-flowing, according to Northwind Group. The joint venture behind the project, formed by Lloyd Goldman's BLDG Management and David Werner Real Estate Investments, acquired the building in July 2024 and relocated office tenants from lower floors to the top of the tower to clear space for residential conversion.