TVS Motor Company Reinforces Its Commitment to Europe at EICMA 2026

  

4 production-ready models, the TVS Orbiter, TVS M1-S, TVS X and TVS RTR 125, presented to European customers, dealers and media in Milan

For the first time at EICMA, hundreds of visitors experienced the TVS Motor range through test rides

 

(BUSINESS WIRE)--TVS Motor Company, the world's third-largest two-wheeler manufacturer, has reinforced its commitment to Europe as a strategic market at EICMA 2026 in Milan, where it presented four production-ready models developed for European customers. For the first time at EICMA, TVS Motor also gave hundreds of visitors the chance to test ride its range.

Europe plays an increasingly important role in TVS Motor's international business as the company continues to strengthen its presence in developed markets. This strategy reflects the company's objective to increase the contribution of international business to its overall revenue, with the potential to reach 40% by 2030.

Peyman Kargar, President, International Business, TVS Motor Company, said: “As we continue to strengthen our presence in Europe, our focus is on expanding customer access to the TVS brand, deepening customer engagement and delivering products that combine quality, technology and customer experience.”

Peyman Kargar, who has more than three decades of international automotive leadership experience, has been appointed Director and Chief Executive Officer of TVS Motor Company, effective 27 January 2027. He will succeed K. N. Radhakrishnan.

A growing network

TVS Motor's Italian network now counts more than 100 retailers, and sales in Italy have grown by 110 per cent over the past year. A further 22 retailers are operating in Spain and Portugal, with France and Germany next. The RTX 300, introduced at EICMA 2025, is scheduled to reach European dealerships.

Four models for European riders

Three of the four models are electric. The Orbiter is a city scooter with a choice of two removable batteries. With a top speed of 105 km/h and room for a full-face helmet under the seat, the M1-S brings an electric powertrain to the maxi-scooter segment. At the top of the range sits the TVS X, with a 10.2-inch touchscreen and its own LTE connection.

The TVS RTR 125 is built for A1 licence holders. It gives younger and first-time riders an entry point to TVS Motor's motorcycle portfolio in Europe, which also includes the RR 310, RTR 310, Ronin and RTX 300.

First test rides at EICMA

Hundreds of visitors rode TVS Motor models over the course of the event, experiencing the range for themselves rather than only seeing it on the stand.

Racing since 1982

TVS Motor also gave the '82 Series Collection its first global showing in Milan: four one-off concept motorcycles developed as a tribute to the company’s racing heritage. The '82 Series Collection celebrates TVS Racing's contribution to the company's engineering philosophy and its commitment to transferring learning from motorsport into products for everyday riders. The four bikes are concept builds, shown for display only.

 

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Contacts

Press Contact:

Kanika Mehta: Kanika.Mehta@tvsmotor.com

 

FDA Approves Promega OncoMate® MSI Dx Analysis System as Companion Diagnostic for KEYTRUDA® in MSI-High Solid Tumors

 MADISON, Wis. - 

(BUSINESS WIRE) -- The U.S. Food and Drug Administration (FDA) has approved the Promega OncoMate® MSI Dx Analysis System designed to identify patients with microsatellite high (MSI-H) solid tumors as a companion diagnostic designed for KEYTRUDA®, Merck’s (known as MSD outside the U.S. and Canada) anti-PD-1 therapy.

OncoMate® MSI Dx Analysis System is a PCR-based assay designed to evaluate MSI status in solid tumor tissue. MSI status can be used to inform treatment decisions and support precision oncology strategies.

“This approval reflects our dedication to providing meaningful diagnostic advances, developed to the highest quality and regulatory standards,” says Alok Sharma, Global Clinical Market Director at Promega. “Our test connects patients with the therapy most likely to help them, working alongside our pharmaceutical collaborators and the clinicians who use the result.”

This approval was supported through a collaboration with Merck, which markets KEYTRUDA®. Together, the companies are working to advance personalized medicine and expand access to diagnostics that enable informed therapeutic choices.

OncoMate® MSI Dx Analysis System was previously cleared by the FDA as the first PCR-based molecular diagnostic for identifying colorectal cancer patients who may benefit from additional testing to diagnose Lynch syndrome. It is also an approved companion diagnostic to identify patients with microsatellite stable (MSS) endometrial carcinoma who may benefit from treatment with KEYTRUDA® plus LENVIMA® (Lenvatinib), the orally available multiple receptor tyrosine kinase inhibitor discovered by Eisai. These approvals apply to the United States and its territories. Promega MSI technology is also CE-marked under IVDR in the European Union and has received approval from China's National Medical Products Administration (NMPA) as a companion diagnostic to identify patients with MSI-H solid tumors who may benefit from treatment with KEYTRUDA®.

KEYTRUDA® is indicated for adult and pediatric patients with unresectable or metastatic microsatellite instability-high (MSI-H) or mismatch repair deficient cancer who have progressed following prior treatment and who have no satisfactory alternative treatment options. KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.

Learn more about Promega MSI technology at www.promega.com/MSI

About Promega Corporation

Promega Corporation is a leader in providing innovative solutions and technical support to the life sciences industry. The company’s portfolio of over 4,000 products supports a range of life science work across areas such as cell biology; DNA, RNA and protein analysis; drug development; human identification and molecular diagnostics. These tools and technologies have grown in their application over the last 45 years and are used today by scientists and technicians in labs for academic and government research, forensics, pharmaceuticals, clinical diagnostics and veterinary, agricultural and environmental testing. Promega is headquartered in Madison, WI, USA with branches in 16 countries and over 50 global distributors. Learn more at promega.com

 

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Contacts

Penny Patterson

VP, Corporate Affairs

Promega Corporation

Phone: (608) 274-4330

E-mail: penny.patterson@promega.com

شركة Transition Industries تختار شركة Technip Energies شريكًا استشاريًا لإدارة مشروع Pacifico Mexinol لإنتاج الميثانول فائق الانخفاض في الانبعاثات الكربونية

(BUSINESS WIRE)-- أعلنت شركة Transition Industries اختيار شركة Technip Energies شريكًا استشاريًا لإدارة مشروع Pacifico Mexinol، الواقع في ولاية سينالوا بالمكسيك، والذي يُتوقع أن يصبح أكبر منشأة في العالم لإنتاج المواد الكيميائية فائقة الانخفاض في الانبعاثات الكربونية.

عند بدء تشغيل المنشأة، ستنتج سنويًا نحو 350,000 طن متري من الميثانول المُنتَج من وقود متجدد غير حيوي المنشأ (RFNBO)، و1.8 مليون طن متري من الميثانول فائق الانخفاض في الانبعاثات الكربونية المنتج من الغاز الطبيعي باستخدام تقنية احتجاز الكربون، ما سيسهم في تلبية الطلب العالمي المتزايد من خلال نموذج إنتاج منخفض الانبعاثات الكربونية.

صرح Diego Martinez، الرئيس التنفيذي لقسم العمليات في شركة Transition Industries، قائلاً: "يسرّنا انضمام Technip Energies إلى فريق المشروع، والاستفادة من خبراتها العالمية في إدارة المشروعات ضمن مشروعنا التطويري الصناعي الرائد في المكسيك. وقد وقع الاختيار على Technip Energies لما تتمتع به من خبرة ثرية في إدارة المشروعات، ومعرفة فنية متخصصة، وقدرات فعالة على صعيد التنفيذ".

سيستفيد المشروع من البنية التحتية القائمة في ميناء توبولوبامبو، وسيعتمد حلاً مبتكرًا لإدارة المياه، من خلال استخدام مياه الصرف الصحي في مدينة لوس موتشيس، ما سيجعلها مصدرًا للدخل لبلدية أهومي. وبذلك، يتجنب المشروع الضغط على موارد المياه العذبة الذي عادةً ما تتسبب فيه المشروعات التجارية الجديدة، كما يتجنب إحداث أي تأثيرات سلبية في خليج أوهويرا.

بالإضافة إلى ذلك، سيستخدم مشروع Mexinol الكهرباء المولّدة من مصادر متجددة تحت مظلة شهادات الطاقة النظيفة (CELs)، بما يضمن استدامة استهلاكه للكهرباء، ويعكس التزام مشروع Mexinol برسالته المتمثلة في توظيف التكنولوجيا والابتكار لإنتاج الميثانول بأمان وكفاءة، مع الحد من البصمة البيئية والمشاركة الفاعلة في التحول نحو كوكب منخفض الانبعاثات الكربونية.

يشمل شركاء المشروع الآخرون الذين يسهمون في أعمال الهندسة والإنشاء كلاً من SAMSUNG E&A Co., Ltd.‎ وTechint Engineering and Construction وSiemens Energy وBonatti S.p.A وVeolia Water Technologies & Solutions وSIAD Americas LLC وNextChem التابعة لمجموعة MAIRE.

 نبذة عن Transition Industries

 ينصب تركيز شركة Transition Industries LLC، التي يقع مقرها في هيوستن بولاية تكساس، على تطوير مشروعات لإنتاج الميثانول ذي صافي الانبعاثات الكربونية الصفري والهيدروجين الأخضر على نطاق عالمي في أمريكا الشمالية، بهدف التصدي لتغير المناخ وتعزيز مبادئ الاستدامة البيئية والاجتماعية. لمزيد من المعلومات عن Pacifico Mexinol أو Transition Industries، راسلنا على inquiries@transitionind.com.

 نبذة عن Technip Energies

 تُعدّ Technip Energies شركة عالمية رائدة في مجالي التكنولوجيا والهندسة، وبفضل ريادتها في مجالات الغاز الطبيعي المسال والهيدروجين والإيثيلين والكيمياء المستدامة وإدارة ثاني أكسيد الكربون، نسهم في تطوير أسواق حيوية، مثل الطاقة ومشتقات الطاقة وإزالة الكربون والاقتصاد الدائري. إضافة إلى ذلك، يُحوّل قطاعا أعمالنا المتكاملان، وهما التكنولوجيا والمنتجات والخدمات (TPS) وتنفيذ المشروعات، الابتكار إلى واقع صناعي ملموس قابل للتوسع. هذا، ومن خلال مد جسور التعاون البنَّاء والتميز في التنفيذ، يكرّس أكثر من 18,000 موظف لدينا في 35 دولة جهودهم بالكامل لتحقيق التوازن بين الازدهار والاستدامة، من أجل عالم مستدام للأجيال القادمة.

إن نص اللغة الأصلية لهذا البيان هو النسخة الرسمية المعتمدة. أما الترجمة فقد قدمت للمساعدة فقط، ويجب الرجوع لنص اللغة الأصلية الذي يمثل النسخة الوحيدة ذات التأثير القانوني.

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جهات الاتصال

جهات الاتصال الإعلامية:

 Karin Nunan

 الرئيس العالمي لقسم الشؤون المؤسسية

 knunan@transitioinind.com  

Transition Industries Selects Technip Energies as PMC Partner for Pacifico Mexinol Ultra-Low Carbon Methanol Project

 

 (BUSINESS WIRE) -- Transition Industries announces the selection of Technip Energies as its Project Management Consultancy (PMC) partner for the Pacifico Mexinol project, located in Sinaloa, Mexico, which is expected to become the world's largest ultra-low carbon chemical production facility.

Once operational, the facility will produce annually approximately 350,000 metric tons of RFNBO (Renewable Fuel of Non-Biological Origin) methanol and 1.8 million metric tons of ultra-low carbon methanol from natural gas with carbon capture, helping meet growing global demand through a lower-carbon production model.

“We are pleased that Technip Energies has joined the project team and will bring their global project management expertise to our landmark industrial development project in Mexico. Technip Energies was selected for their project management expertise, technical know-how and execution capabilities,” says Diego Martinez, Transition Industries Chief Operating Officer.

The project will use existing infrastructure in the port of Topolobampo and incorporate an innovative water management solution, using wastewater from the city of Los Mochis which will become a source of income for the municipality of Ahome. This eliminates the freshwater pressure that new businesses usually generate, and it avoids any impacts to the Bay of Ohuira.

In addition, Mexinol will use electricity from renewable sources through Clean Energy Certificates (CELs), ensuring that its electricity consumption is sustainable and fulfilling Mexinol's mission to leverage technology and innovation to produce methanol safely and efficiently, while minimizing the environmental footprint and actively participating in the transition to a planet with low carbon emissions.

Other project partners contributing to the engineering and construction include SAMSUNG E&A Co., Ltd., Techint Engineering and Construction, Siemens Energy, Bonatti S.p.A, Veolia Water Technologies & Solutions, SIAD Americas LLC and NextChem, MAIRE Group.

About Transition Industries

Transition Industries LLC, based in Houston, Texas, develops global-scale, net-zero carbon methanol and green hydrogen projects in North America to address climate change and promote environmental and social sustainability. For more information about Pacifico Mexinol or Transition Industries, please email inquiries@transitionind.com.

About Technip Energies

Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality. Through collaboration and excellence in execution, our 18,000+ employees across 35 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

 

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Contacts

Media Contacts:

Karin Nunan

Global Head of Corporate Affairs

knunan@transitioinind.com

 

Sparxity Closes Series A, Bringing Total Funding to $90M

 DRESDEN, Germany - 

Strategic funding accelerates next-generation sparse-native AI computing, building upon an existing commercial ecosystem and proven silicon

(BUSINESS WIRE) -- Sparxity, a leader in sparse-native computing, today announced the close of its Series A, bringing cumulative funding secured by its team to $90M. The round was led by ICM HPQC Fund and joined by investors such as Lockheed Martin Ventures, GlobalFoundries, GS Futures, Cloudberry Ventures, TGFS and the EIC Fund. The financing also includes angel investments from TIME100 AI leaders Richard Socher (Recursive Superintelligence) and Nancy Xu (Salesforce-acquired Moonhub), alongside continued support from Atlantic and Silicon Catalyst. The funding will accelerate the development of specialized chips for fine-grained dynamic sparsity, targeting up to 44× faster AI inference in ultra-sparse models, bringing greater energy efficiency by computing only what matters.

“Our work with PEER demonstrated the potential of dynamic sparsity, activating only a fraction of the compute across millions of fine-grained experts,” said Xu Owen He, former Google DeepMind researcher and Sparxity strategic advisor. “Yet today’s hardware limits how far we can take these approaches. Co-designing AI models, distillation pipelines and hardware around sparsity unlock a new level of computing efficiency.”

Sparxity builds full-stack systems around a simple principle: compute only what matters. Its approach addresses rising AI infrastructure costs and energy consumption. The funding follows the sparse-native startup quadrupling its revenue between 2024 and 2025 with continued momentum in 2026. Sparxity has successfully created a robust value proposition around sparse-native computing with tremendous traction. To date, the company’s foundation includes three tapeouts, more than 70,000 chips produced and 12 racks deployed. Sparxity currently has more than 30 customers worldwide, including some of the globe’s largest supercomputing facilities.

“The next era of AI will be defined not just by how much computing power we can deliver, but by how intelligently and efficiently we use it,” said Sparxity co-founder and CEO Hector Gonzalez. “This financing is a powerful validation of our vision for sparse-native computing and the complementary positioning of our systems. With the backing of leading, strategic investors, we're accelerating the transition from dense, energy-intensive architectures to heterogeneous datacenters with dedicated silicon for ultra-sparse workloads to unlock greater AI performance and lower costs.”

Sparse computing reduces unnecessary operations and data movement. Sparxity’s current systems bring this approach to HPC and AI, with reported results, including 10× faster sparse solvers, 18× lower energy use for event-based machine learning and 20× shorter runtimes for optimization problems on selected workloads. Its next-generation chip technology is being designed specifically for dynamic sparsity in AI inference. For model developers, this offers finer-grained sparse architectures. For operators, the goal is higher throughput and lower energy and infrastructure costs.

“Sparxity has a unique complementary positioning at the infrastructure stack. Its architecture is grounded in first principles, addressing the inevitable shift toward sparse activation and the structural limitations of conventional hardware,” said Matthew Gould of ICM HPQC Fund. “Sparxity has demonstrated the ability to manufacture its technology and deploy systems with major customers. We are pleased to lead this financing as the team builds on that track record to address next-generation AI inference.”

The funding follows two major announcements by Sparxity. The first was a multi-million-dollar deployment of its sparse-native computing systems at the Jülich Supercomputing Centre (JSC), part of Forschungszentrum Jülich and home to Europe's first exascale supercomputer. The second was a major partnership with Deutsche Telekom to bring Sparxity's sparse-native technology into T-Systems' data center infrastructure. This partnership marks a significant step toward deploying energy-efficient, sparse-native AI computing at industrial scale.

“We are looking forward to having Sparxity on board in our AI factory soon. The German company scores particularly well with its energy-efficient use of AI computing power,” said Ferri Abolhassan, CEO of T-Systems.

The company also recently introduced Sparxity (formerly SpiNNcloud) as its new identity, reflecting its broader commitment to sparse computing.

To learn more about Sparxity and its sparse-native computing systems, please visit sparxity.ai.

About Sparxity

Sparxity builds sparse-native compute for AI. Our principle is simple: compute only what matters. For years, models have been shaped by the dense hardware they run on. Sparxity builds the hardware that lets them go further: full-stack systems, from custom chips to software, built for fine-grained, dynamic sparsity, where intelligence scales without trading off speed or efficiency. Deployed in rack- and supercomputer-scale systems across Europe and the US, Sparxity opens a new world of compute for the builders shaping what comes next. Learn more at sparxity.ai.

About ICM HPQC

The ICM HPQC Fund is a specialist investment vehicle focused on the infrastructure and technologies supporting high-performance computing and quantum infrastructure. Managed by ICM Global Funds Pte Ltd, the Fund invests in businesses developing foundational technologies across advanced semiconductors, photonics, data centre systems, and quantum hardware. With a global investment mandate focused on early- and growth-stage deep-tech companies, the Fund’s investment focus reflects the growing demand for compute, bandwidth, and energy efficiency as next-generation technologies and applications continue to evolve.

 

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Contacts

Media Contact:

Mackenzie Whitfield

Wireside Communications for Sparxity

+1 804-215-0843

Sparxity@wireside.com