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Israeli airstrikes killed a hospital director at his home in northeastern Lebanon and six others, while at least five paramedics were killed by Israeli strikes in the country's south on Friday, Lebanon's Health Ministry said. The United Nations reported heavy clashes between Israeli troops and Hezbollah fighters in southern Lebanon. Four Italian peacekeepers were lightly wounded when a rocket, likely fired by Hezbollah, hit their base, the U.N. said. A full-blown war between Israel and Hezbollah erupted in September after nearly a year of lower-intensity conflict. More than 3,640 people have been killed in Lebanon and 15,350 wounded, the majority following Israel’s escalation and ground invasion, the Health Ministry said Friday. In Gaza, Israeli strikes hit Kamal Adwan Hospital, one of the few hospitals still partially operating in the northernmost part of the territory, wounding nine medical staff and damaging its generator and oxygen systems, the hospital director said Friday. More than 44,000 Palestinians have been killed in the Gaza Strip, the Health Ministry said. It does not distinguish between civilians and combatants in its count, but it has said that more than half of the fatalities are women and children. Israel launched the war in Gaza after Hamas-led militants stormed into southern Israel on Oct. 7, 2023, killing some 1,200 people, mostly civilians, and abducting another 250 . Around 100 hostages are still inside Gaza, at least a third of whom are believed to be dead. Here’s the Latest: Israeli strike on besieged hospital in northern Gaza wounds 9 medics DEIR AL-BALAH, Gaza Strip — Israeli strikes hit Kamal Adwan Hospital, one of the few hospitals still partially operating in the northernmost part of Gaza, wounding nine medical staff and damaging its generator and oxygen systems, its director said Friday. Hossam Abu Safiya said strikes before dawn Friday hit the entrance of the emergency unit as well as in the hospital courtyard. He said six staff were wounded, including two critically. Friday night, he said an armed drone hit the entrance again, wounding three staffers. There was no immediate comment from the Israeli military. Abu Safiya said the strikes caused damage to the functioning of the generator and disrupted oxygen supplies. The hospital is currently treating 85 wounded, 14 children in the pediatric ward and four newborns in the neonatal unit, he said. During the past month, Kamal Adwan Hospital has been hit several times, was put under siege and was raided by Israeli troops, who are waging a heavy offensive in the nearby Jabaliya refugee camp and towns of Beit Hanoun and Beit Lahiya. The Israeli military says it detained Hamas fighters hiding in the hospital, a claim its staff denies. Israeli airstrikes kill a hospital director and 5 paramedics in Lebanon BEIRUT — An Israeli airstrike killed the director of a university hospital and six others at his home in northeastern Lebanon, state media said. The strike targeted Dr. Ali Allam’s house near Dar Al-Amal Hospital, the largest health center in Baalbek-Hermel province, which has provided vital health services amid Israel's campaign of airstrikes, the Health Ministry said. State-run media reported that the strike came without warning. The ministry described his death as a “great loss,” and provincial governor Bachir Khodr said in a post on X that, “Mr. Allam was one of the best citizens of Baalbek.” In two separate episodes on Friday, Israeli airstrikes in southern Lebanon killed five paramedics with Hezbollah's medical arm, the Health Ministry said, describing it as “war crime.” The militant group provides extensive social services, including running schools and health clinics. In a report published Friday, the World Health Organization said nearly half of all attacks on health care in Lebanon since Oct. 7, 2023, have resulted in fatalities. “This is a higher percentage than in any active conflict today across the globe,” WHO said. In Lebanon, 226 health workers and patients were killed and 199 were injured between Oct. 7, 2023, and Nov. 18, 2024, the report said. The Health Ministry said Friday that 3,645 people have been killed in nearly 14 months of war between Hezbollah and Israel, while 15,356 were wounded, the majority following Israel’s escalation in late September. The death count includes 692 women and 231 children. UN offers details on rocket fire that wounded 4 Italian peacekeepers in Lebanon UNITED NATIONS – Two rockets hit a headquarters of the U.N. peacekeeping force in southern Lebanon, injuring four Italian peacekeepers, the United Nations says. U.N. spokesperson Stephane Dujarric said the rockets were likely launched by Hezbollah militants or by affiliated groups Friday, impacting a bunker and a logistics area in the southwest headquarters at Chamaa. One of the structures that was hit caught fire, and the blaze was swiftly put out by U.N. staff, he said. According to Italy’s Defense Ministry, some glass shattered due to the explosion, hitting the four soldiers. Dujarric said the four injured peacekeepers were receiving treatment at the medical facility of the mission, known as UNIFIL. “Thankfully, none of the injuries are life-threatening,” he said. Italy’s Defense Minister Guido Crosetto called the attack on the UNIFIL base “intolerable.” He reiterated that the Italian contingent remains in southern Lebanon “to offer a window of opportunity for peace, and cannot become hostage to militia attacks.” Dujarric said Friday’s attack was the third on Chamaa in a week and came amid heavy shelling and ground skirmishes in the Chamaa and Naqoura areas in recent days. UNIFIL’s main headquarters is in Naqoura. Friday’s attack follows a rocket attack on a UNIFIL base east of the village of Ramyah on Tuesday that injured four peacekeepers from Ghana. Dujarric said UNIFIL strongly urges Hezbollah and its affiliates and Israel to avoid fighting near its positions, which are supposed to be protected. “We remind all parties that any attack against peacekeepers constitutes a serious violation of international law” and the U.N. Security Council resolution that ended the 2006 Israel-Hezbollah war, he said. Israeli airstrikes pound southern Beirut and Tyre BEIRUT — Israeli airstrikes hit Beirut’s southern suburbs and the southern port city of Tyre on Friday, after the Israeli army issued several evacuation warnings saying it is targeting Hezbollah sites. The strikes in Beirut came dangerously close to central Beirut and Christian neighborhoods. One strike hit a building housing a gym and medical and beauty clinics, located just meters (yards) from a Lebanese army base. “What is there in the building to target? This attack they carried out on us in this building is a criminal and vile act,” resident Hassan Najdi told The Associated Press. “Because if their intention is targeting Hezbollah, this building has nothing to do with Hezbollah.” Najdi said he purchased an apartment in the building last year but had not yet moved in. He allowed a displaced family to move in and urgently asked them to evacuate after receiving the Israeli warning. The blasts sent plumes of smoke into the air and shattered glass in the vicinity. No casualties have been reported, but the strikes caused damage to nearby infrastructure and a key road connecting central Beirut to its southern suburbs. “We remain steadfast,” said Ali Daher, an employee at a mall facing the targeted building. “Everything that is lost can be replaced, and whatever is destroyed can be rebuilt in (no time).” In Tyre city, the Israeli military conducted multiple airstrikes after a series of warnings, claiming the targets belonged to Hezbollah’s Aziz unit, accusing it of firing projectiles into Israel. The Israeli military carried out other airstrikes across Lebanon, many without warnings, as heavy fighting between Israeli troops and Hezbollah in villages along the Lebanon-Israel border intensified. Italy plans to discuss Netanyahu arrest warrants with G7 ministers ROME — Italy said Friday it plans to discuss the arrest warrants issued by the International Criminal Court over the Israel-Hamas war when it hosts Group of Seven foreign ministers next week. Premier Giorgia Meloni insisted that one point remained clear for Italy: “There can be no equivalence between the responsibilities of the state of Israel and the terrorist organization of Hamas.” Italy is a founding member of the court and hosted the 1998 Rome conference that gave birth to it. But Meloni’s right-wing government has been a strong supporter of Israel after the Oct. 7 Hamas attacks, while also providing humanitarian aid for Palestinians in Gaza. In a statement Friday, Meloni said Italy would study the reasonings behind the decision to issue arrest warrants against Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas’ military chief. Foreign Minister Antonio Tajani said Italy respects the ICC and supports it. “But at the same time we are also convinced that the court must have a judicial role, and should not take up a political role.” Tajani will host G7 foreign ministers Monday and Tuesday outside Rome for the final meeting of the Italian G7 presidency. “As far as decisions are concerned, we will take them together with our allies,” Tajani said. During the G7 meetings, “we will talk about this with my allies there, and we will see what to do next.” Another member of the governing coalition, the outspoken Transport Minister Matteo Salvini was more defiant in supporting Israel. “If Netanyahu comes to Italy he will be welcomed,” Salvini was quoted by Italian media as saying. This item has been updated to correct that Salvini spoke of a potential Netanyahu visit to Italy, not Israel. 4 Italian soldiers injured after UN peacekeeping base in Lebanon was hit ROME — Four Italian soldiers were slightly injured after two exploding rockets hit the United Nations' peacekeeping mission base on Friday in Chamaa in southern Lebanon, Italy's defense ministry said. Initial information suggested that two rockets hit a bunker and a room of the mission base, damaging the surrounding infrastructure, the ministry said. Shattered glass hit the four soldiers. The incident was the latest in which UN peacekeeping posts have been hit since Israel began its ground invasion of Lebanon on Oct. 1, leaving a number of peacekeepers wounded. Defence Minister Guido Crosetto called Friday's attack “intolerable.” He said he will try to speak to the new Israeli Defense Minister to ask him “to avoid using the UNIFIL bases as a shield.” Crosetto said the conditions of the four Italian soldiers “did not cause concern.” He reiterated that the Italian contingent remains in southern Lebanon “to offer a window of opportunity for peace and cannot become hostage to militia attacks.” Italy’s Premier Giorgia Meloni on Friday said she learned about the new attack with “deep indignation and concern.” Meloni reiterated that “such attacks are unacceptable,” renewing her appeal for the parties on the ground “to guarantee, at all times, the safety of UNIFIL soldiers and to collaborate to quickly identify those responsible.” Almost half of attacks on health care in Lebanon have been deadly, WHO says GENEVA — The World Health Organization says nearly half of the attacks on health care in Lebanon have been deadly since the Middle East conflict erupted in October last year, the highest such rate anywhere in the world. The U.N. health agency says 65 out of 137, or 47%, of recorded “attacks on health care” in Lebanon over that time period have proven fatal to at least one person, and often many more. WHO’s running global tally counts attacks, whether deliberate or not, that affect places like hospitals, clinics, medical transport, and warehouses for medical supplies, as well as medics, doctors, nurses and the patients they treat. Nearly half of attacks on health care in Lebanon since last October and the majority of deaths occurred since an intensified Israeli military campaign began against Hezbollah militants in the country two months ago. The health agency said 226 health workers and patients have been killed and 199 injured in Lebanon between Oct. 7, 2023 and this Monday. Israeli defense minister says he will end detention without charge of Jewish settlers JERUSALEM — Israel’s new defense minister said Friday that he would stop issuing warrants to arrest West Bank settlers or hold them without charge or trial — a largely symbolic move that rights groups said risks emboldening settler violence in the Israeli-occupied territory. Israel Katz called the arrest warrants “severe” and said issuing them was “inappropriate” as Palestinian militant attacks on settlers in the territory grow more frequent. He said settlers could be “brought to justice” in other ways. The move protects Israeli settlers from being held in “administrative detention,” a shadowy form of incarceration where people are held without charge or trial. Settlers are rarely arrested in the West Bank, where settler violence against Palestinians has spiraled since the outbreak of the war Oct. 7. Katz’s decision was celebrated by far-right coalition allies of Prime Minister Benjamin Netanyahu. National Security Minister and settler firebrand Itamar Ben-Gvir applauded Katz and called the move a “correction of many years of mistreatment” and “justice for those who love the land.” Since Oct. 7, 2023, violence toward Palestinians by Israeli settlers has soared to new heights, displacing at least 19 entire Palestinian communities, according to Israeli rights group Peace Now. In that time, attacks by Palestinian militants on settlers and within Israel have also grown more common. An increasing number of Palestinians have been placed in administrative detention. Israel holds 3,443 administrative detainees in prison, according to data from the Israeli Prison Service, reported by rights group Hamoked. That figure stood around 1,200 just before the start of the war. The vast majority of them are Palestinian, with only a handful at any given time Israeli Jews, said Jessica Montell, the director of Hamoked. “All of these detentions without charge or trial are illegitimate, but to declare that this measure will only be used against Palestinians...is to explicitly entrench another form of ethnic discrimination,” said Montell. German official suggests Germany would be reluctant to arrest Netanyahu on ICC warrant BERLIN — A German official has suggested that his country would be reluctant to arrest Israeli Prime Minister Benjamin Netanyahu on a warrant issued by the International Criminal Court. The ICC’s warrants for Netanyahu and former Defense Minister Yoav Gallant put Germany, a staunch ally of Israel, in an awkward position. The government said in a statement Friday that it is one of the ICC’s biggest supporters, but “at the same time, it is a consequence of German history that unique relations and a great responsibility connect us with Israel.” The government said it takes note of the arrest warrants and that “we will examine conscientiously the domestic steps.” It said that any further steps would only be an issue if a visit by Netanyahu or Gallant were “foreseeable.” Government spokesperson Steffen Hebestreit was pressed repeatedly at a regular news conference on whether it would be conceivable to arrest an Israeli prime minister. He replied: "It’s hard for me to imagine that we would carry out arrests in Germany on this basis.” Kremlin calls ICC warrant decision ‘insignificant’ for Russia Kremlin spokesperson Dmitry Peskov on Friday refused to comment on the International Criminal Court’s arrest warrants for Israeli Prime Minister Benjamin Netanyahu and others, saying that the court's rulings are “insignificant” for Russia, which doesn’t recognizes the court’s jurisdiction. The ICC last year issued an arrest warrant for Russian President Vladimir Putin and a number of other top Russian officials, accusing them of war crimes in Ukraine. The Kremlin has brushed off the warrants, saying that in Moscow’s eyes they’re “null and void.” Asked if the ICC warrants for Netanyahu and others can help resolve the tensions in the Middle East, Peskov said: “Well, in general, the actions of the ICC are unlikely to help anything. That’s the first thing. And secondly, we don’t see any point in commenting on this in any way, because for us these rulings are insignificant.” Crowds in Gaza are desperate for bread amid food shortages and huge price hikes DEIR AL-BALAH, Gaza Strip — Large crowds of displaced people crammed themselves in front of a bakery in the Gaza Strip for the second day in a row, desperate to get their share of bread after bakeries closed for five days due to a flour shortage and the lack of aid. “I am a 61-year-old man. This is the third day that I have come to Zadna Bakery and I still cannot get bread ... I have children to feed,” said Majdi Yaghi, a displaced man from Gaza City. The price of a small bag of pita bread increased to $16 by Friday, a stark increase from about 80 cents last month. A bag of pasta now costs $4 and a small bag of sugar costs nearly $14. That has left many Palestinian families surviving on one meal a day and reliant on charitable kitchens to survive. In Khan Younis, women and children lined up at the al-Dalu charitable kitchen for bulgur, the only food available at the makeshift charity. One of the workers there, Anas al-Dalu, told the AP that they cook ten pots every day of either rice, beans, or bulgur. But that hardly fills the need for the thousands of people displaced in the area. “The charity here is in a difficult situation. It is a drop in the ocean, and there is no aid or charities. There is nothing," said Nour Kanani, a displaced man from Khan Younis. “It is a crisis in every sense of the word. There is no flour, no charities, and no food.” UN monitoring heavy clashes in south Lebanon locations BEIRUT — Israeli troops fought fierce battles with Hezbollah fighters on Friday in different areas in south Lebanon, including a coastal town that is home to the headquarters of U.N. peacekeepers. A spokesperson for the U.N. peacekeeping force known as UNIFIL told The Associated Press that they are monitoring “heavy clashes” in the coastal town of Naqoura and the village of Chamaa to the northeast. UNIFIL’s headquarters are located in Naqoura in Lebanon’s southern edge close to the border with Israel. “We are aware of heavy shelling in the vicinity of our bases,” UNIFIL spokesperson Andrea Tenenti said. Asked if the peacekeepers and staff at the headquarters are safe, Tenenti said: “Yes for the moment.” Several UNIFIL posts have been hit since Israel began its ground invasion of Lebanon on Oct. 1, leaving a number of peacekeepers wounded.Ben Foster leads Kansas' largest independently owned broadband and communications company. OVERLAND PARK, Kan. , Dec. 12, 2024 /PRNewswire/ -- NTCA–The Rural Broadband Association announced the election of board officers for 2025, including Ben Foster as Vice Chair. Foster is the president & CEO of Twin Valley and ISG Technology – together the largest independently owned broadband and communications company in Kansas . Twin Valley is rapidly growing as a rural Kansas fiber and small-to-medium business IT provider, while ISG is a top national competitor in mid-to-enterprise level IT services with locations in Kansas , Missouri and Oklahoma . As the premier association representing nearly 850 independent, community-based broadband companies, NTCA is committed to advancing policies that help close the digital divide and advocating on behalf of its members in the legislative and regulatory arenas. The association also provides educational programming, training and development by publishing comprehensive industry research, conducting in person and virtual events, and offering an array of employee benefit programs. "NTCA is instrumental in setting industry policy and putting important legislation in front of lawmakers," Foster said. "In my role as Vice Chair of the NTCA board, I aim to bring a rural Kansas perspective to national broadband policy discussions, ensuring the voices of local providers and communities are heard." In its Pledge made to rural communities, Twin Valley commits to building the most reliable broadband network and supporting meaningful outreach initiatives, including digital inclusion efforts. Industry policy and federal funding are keys to delivering on those commitments. As a fourth-generation leader of the Twin Valley family of companies, Foster brings a wealth of industry knowledge to the NTCA board, which he has served on from 2011 to 2014 and 2022 to present, acting as secretary/treasurer in the 2024 board year. He also serves as a board member for the Kansas Fiber Network. As NTCA board vice chair, Foster joins officers Roxie Jorgenson , director at MTA ( Palmer, Alaska ), who will serve as chair, and Ross Petrick , general manager/CEO of Alliance Communications Cooperative Inc. ( Garretson, S.D. ), who will serve as secretary/treasurer. Foster was also re-elected to serve as the Central Region Commercial Director. "As we head into a new year, I look forward to working with all of our board members to implement our new strategic plan centered around our efforts to advocate for the continued viability and sustainability of the Universal Service Fund," said NTCA CEO Shirley Bloomfield . About Twin Valley Twin Valley is a fourth-generation family business that has over 80 years' experience providing cutting-edge technology and connectivity throughout the central U.S. Twin Valley helps customers unlock possibilities to realize their full potential by providing a unique combination of broadband, mobile, home security, managed IT services, technology consulting, professional services and cloud/data center solutions for both residential and business customers. Twin Valley made a Pledge to their communities and customers, always striving to provide the most reliable broadband network, the best value for internet, local hometown customer service and meaningful community outreach initiatives. Learn more at twinvalley.com/pledge. About NTCA NTCA–The Rural Broadband Association is the premier association representing about 850 independent, community-based telecommunications companies that are leading innovative change in smart rural communities across America. In an era of transformative technological developments, regulatory challenges and marketplace competition, NTCA members are advancing efforts to close the digital divide by delivering robust and high-quality services over future-proof networks. Their commitment to building sustainable networks makes rural communities fertile ground for innovation in economic development, e-commerce, health care, agriculture and education, and it contributes billions of dollars to the U.S. economy each year. Visit us at www.ntca.org . SOURCE Twin ValleyTAT to repair APUs on the Carrier's Boeing 757 and 767 aircraft NETANYA, Israel , Dec. 11, 2024 /PRNewswire/ -- TAT Technologies Ltd. TAT TATT , a leading supplier of products and services for the commercial and military aviation industries and the ground defense industries, today announced that it has signed a five-year agreement with a major North American cargo carrier. Under the terms of the agreement, TAT will provide repair and overhaul services under an MRO agreement for auxiliary power units (APUs) on the Carriers' Boeing 757 and 767 aircraft. The total contract value over the duration of the agreement is estimated at approximately $17 million . Igal Zamir , President and Chief Executive Officer of TAT, commented, "This new contract marks another milestone for TAT's leadership in the APU cargo carrier market, representing a significant addition to the MRO agreements that are already in place with all of the major cargo carriers in North America . The customer will benefit from our best-in-class APU repair capabilities, our unique cost structure, and our unwavering level of customer service." About TAT Technologies LTD TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries. TAT operates under four segments: (i) Original equipment manufacturing ("OEM") of heat transfer solutions and aviation accessories through its Gedera facility; (ii) MRO services for heat transfer components and OEM of heat transfer solutions through its Limco subsidiary; (iii) MRO services for aviation components through its Piedmont subsidiary; and (iv) Overhaul and coating of jet engine components through its Turbochrome subsidiary. TAT controlling shareholders is the FIMI Private Equity Fund. TAT's activities in the area of OEM of heat transfer solutions and aviation accessories primarily include the design, development and manufacture of (i) broad range of heat transfer solutions, such as pre-coolers heat exchangers and oil/fuel hydraulic heat exchangers, used in mechanical and electronic systems on board commercial, military and business aircraft; (ii) environmental control and power electronics cooling systems installed on board aircraft in and ground applications; and (iii) a variety of other mechanical aircraft accessories and systems such as pumps, valves, and turbine power units. TAT's activities in the area of MRO Services for heat transfer components and OEM of heat transfer solutions primarily include the MRO of heat transfer components and to a lesser extent, the manufacturing of certain heat transfer solutions. TAT's Limco subsidiary operates an FAA-certified repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers and the military. TAT's activities in the area of MRO services for aviation components include the MRO of APUs, landing gears and other aircraft components. TAT's Piedmont subsidiary operates an FAA-certified repair station, which provides aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military. TAT's activities in the area of overhaul and coating of jet engine components includes the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes and afterburner flaps. For more information of TAT Technologies Ltd., please visit our website: www.tat-technologies.com . Safe Harbor for Forward-Looking Statements This press release contains forward-looking statements which include, without limitation, statements regarding possible or assumed future operation results. These statements are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause our results to differ materially from management's current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations including, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, the change of control that will occur on the sale by the receiver of the Company's shares held by our previously controlling stockholders, and other risks detailed from time to time in the Company's filings with the Securities Exchange Commission, including, its annual report on form 20-F and its periodic reports on form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. Contact: Mr. Eran Yunger Director of IR erany@tat-technologies.com View original content: https://www.prnewswire.com/news-releases/tat-technologies-signs-a-5-year-17-million-mro-agreement-with-major-north-american-cargo-carrier-302329563.html SOURCE TAT Technologies Ltd. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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SAN DIEGO (AP) — With his stellar America’s Cup career behind him, Jimmy Spithill introduced his new Red Bull Italy SailGP Team on Thursday in Dubai just ahead of the opening regatta of the global league’s fifth season. Spithill, the team’s CEO and founder, pulled a major coup by hiring his old America’s Cup crewmate and fellow Australian, wing trimmer Kyle Langford, from the Australian team that dominated SailGP for the first three seasons. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest sports news delivered right to your inbox six days a week.WILMINGTON, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced that it has completed the acquisition of OhmniLabs, a Silicon Valley-based innovator in the field of robotics solutions for health care. “Combining Symbotic’s expertise in large-scale automation with OhmniLabs’ ground-breaking mobile robots, vision and A.I. solutions will enable the development of unparalleled automation innovations across different settings,” said Rick Cohen, Executive Chairman and CEO of Symbotic. “We were drawn to OhmniLabs for its impressive talent and industry experience that will enable our expansion beyond the four walls of the warehouse.” Founded in 2015 by robotics experts, OhmniLabs has pioneered a fully in-house development and manufacturing model, enabling rapid innovation and speed-to-market for cutting-edge robotics solutions. The company is best known for its autonomous disinfection and telepresence robots, which create safer and healthier environments globally. With the strategic acquisition of OhmniLabs’ industry expertise and talented robotics team, Symbotic will be better positioned to both expand its leading automation capabilities for supply chain customers while delivering enhanced innovation to customers in the health care industry. “OhmniLabs’ mission has been to develop meaningful robotics to provide real-world solutions, and we have made significant progress with the support of our loyal team members and customers. Being a part of Symbotic, a true leader in robotics innovation, will propel this vision forward to deliver cutting-edge solutions that redefine what’s possible in health care, logistics and beyond,” said Jared Go, Co-founder and CTO, OhmniLabs. ABOUT SYMBOTIC Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com . FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements about Symbotic’s acquisition of substantially all of the assets of OhmniLabs and Symbotic’s expectations or predictions of future financial or business performance or conditions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 4, 2024. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC. INVESTOR RELATIONS CONTACT Charlie Anderson Vice President, Investor Relations & Corporate Development ir@symbotic.com MEDIA INQUIRIES mediainquiry@symbotic.com
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