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AUSTIN, Texas, April 30, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (“Swarmer”) (Nasdaq: SWMR), a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, will hold a conference call and webcast on Wednesday, May 13, 2026, at 9:00 a.m. Eastern time (6:00 a.m.

Four companies will combine detection, targeting and autonomous intercepting technologies to counter aerial and maritime threats at lower cost May 12, 2026 08:00 ET  | Source: Swarmer

AUSTIN, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc. (NASDAQ: SWMR), a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced a collaboration with three other battle-proven companies to provide an end-to-end solution to intercept unmanned threats at a fraction of the cost of surface-to-air missiles currently being used for site defense.

Through memorandums of understanding, Swarmer will lead the integration of detection, counter-drone and targeting systems provided by X-Drone, Norda Dynamics and Kara Dag Technologies into its advanced collaborative autonomy platform. These partnerships will aim to create a turnkey service to defend against Group 1-3 unmanned aerial vehicles and unmanned surface vessels up to eight meters in length.

“Interception is a complex process that requires detection, coordination, terminal guidance and kinetic engagement,” said Erik Prince, Non-Executive Chairman of Swarmer. “An end-to-end interception stack requires multiple products integrated with a single software platform. I believe that site defense can one day be offered as a service with a standardized, replicable, container-sized product kit that can be transported to any location and deployed in 24 hours or less.”

In March, Swarmer became the first defense technology company from Ukraine’s defense ecosystem to complete an initial public offering on the Nasdaq stock exchange. Swarmer’s primary mission areas include autonomous swarm coordination, multi-domain unmanned systems integration, AI-powered collaborative autonomy and command and control software for distributed drone operations.

“We are seeing an urgent demand for rapid interceptor solutions across the globe,” said Alex Fink, President and U.S. CEO of Swarmer. “Swarmer’s software platform is hardware-agnostic and designed to make multiple systems interoperable. It enables a shift from fixed one-to-one targeting to large, coordinated swarms that can engage a swarm of incoming threats and even reassign targets in midair.”

X-Drone is a Ukrainian company focused on next-generation AI drone technologies. Its product line includes multiple types of drones and drone-based interceptors, and it has delivered more than 70,000 unmanned systems to the front lines.

“We believe that unpiloted interceptors are the future,” said an X-Drone spokesperson. “Our interceptor platform has demonstrated a proven ability to take down Shahed-type drones for 1/400th the cost of a Patriot missile.”

Norda Dynamics is a Ukrainian provider of terminal guidance and navigation software. Its Underdog system has been deployed on more than 60,000 attritable drones used by Ukraine’s armed forces.

“We have a proven track record of hitting moving vehicles in a wide variety of weather and visibility conditions,” said Nazar Bigun, Norda Dynamics’ CEO. “Maritime threats and slower-moving Group 1 aerial threats are next in line. Our software transforms any fast-moving FPV-type drone into an autonomous interceptor for UGVs, USVs and slower-moving Group 1 UAS.”

Kara Dag Technologies is a Ukrainian provider of portable RF detectors, acoustic detectors and mesh triangulation software. It has deployed more than 3,000 detector units to the Ukrainian military.

“Radar systems are large, expensive and serve as easy targets for the enemy,” said a Kara Dag spokesperson. “Our approach distributes the detection process across dozens of small nodes, achieving the same accuracy as an expensive radar system without a single point of failure.”

Together, the companies aim to create an integrated end-to-end system that can intercept aerial, marine and ground-based threats without the need for a human pilot.

About Swarmer

Swarmer™ is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements that are not historical facts and may be identified by words such as “aim,” “anticipate,” “believe,” “can,” “could,” “design,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would” and similar expressions.

Forward-looking statements in this press release include, but are not limited to, statements regarding the anticipated collaboration between Swarmer, X-Drone, Norda Dynamics and Kara Dag Technologies; the parties’ ability to develop, integrate, test, validate, deploy, scale or commercialize an end-to-end drone interceptor solution; the potential creation of a turnkey site-defense service or standardized, replicable, container-sized product kit; the potential deployment of any such solution within 24 hours or less; the potential ability of any integrated solution to intercept aerial, marine or ground-based threats without a human pilot; anticipated cost, performance, interoperability, autonomy, targeting, detection, terminal guidance or counter-drone capabilities; the potential use of Swarmer’s platform with third-party hardware, software, sensors, communications systems and unmanned systems; the expected benefits of the memorandums of understanding and related collaboration; and Swarmer’s broader product development, commercialization, growth and defense market strategy.

These forward-looking statements are based on current expectations, estimates, assumptions and beliefs and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. These factors include, but are not limited to: the non-binding nature of the memorandums of understanding; the parties’ ability to negotiate and enter into definitive agreements on acceptable terms, or at all; the parties’ ability to allocate technical, operational, commercial, intellectual property, support, liability and compliance responsibilities; the ability to integrate third-party communications, detection, targeting, terminal guidance, counter-drone, unmanned systems and related technologies into Swarmer’s platform; technical, interoperability, cybersecurity, testing, qualification, safety, reliability and field-performance challenges; delays, cost increases or performance limitations in developing, testing, validating, producing, deploying or scaling any integrated solution; limitations of existing software, hardware, components, suppliers, manufacturing capacity, engineering resources, field support, trained operators and operational infrastructure; the ability to demonstrate the effectiveness, affordability, scalability, safety and reliability of any combined solution in operational environments; the ability to attract customers, vendors, integrators, channel partners and government or defense partners; procurement timelines, funding availability, budget priorities, contracting requirements and acceptance criteria applicable to government and defense customers; competition in the defense technology sector; reliance on government contracts and related procurement processes; geopolitical conditions affecting operations in Ukraine and other regions; risks related to operating through foreign subsidiaries and working with international partners; regulatory requirements applicable to defense technology, unmanned systems, artificial intelligence, data, cybersecurity, sanctions, export controls, defense trade controls and international partnerships; the risk that partner technologies, operational claims or performance data may not be independently verified or may not translate to an integrated commercial solution; and the possibility that the collaboration may not result in a definitive agreement, commercial product or service, customer adoption, revenue or other anticipated benefits.

Forward-looking statements speak only as of the date of this press release. Swarmer undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additional risks and uncertainties are described in Swarmer’s filings with the Securities and Exchange Commission, including under the caption “Risk Factors” in Swarmer’s registration statement and other filings filed with or furnished to the SEC.

Investor Relations Contact: [email protected]

Media Relations Contact: [email protected]

May 13, 2026 08:00 ET  | Source: Swarmer

AUSTIN, Texas, May 13, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc (“Swarmer” or the “Company”) (Nasdaq: SWMR), a drone autonomy software company which has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced financial results for the quarter ended March 31, 2026 (“Q1 2026”), and discussed recent business developments.

Management Commentary
Swarmer President & U.S. CEO Alex Fink stated: “The first quarter of 2026 represented an important step forward for Swarmer as we completed our initial public offering, strengthened our leadership team and continued to expand our presence within the autonomous systems ecosystem. These milestones support our ability to pursue a rapidly expanding market, as demand for autonomous and collaborative unmanned systems continues to accelerate amid rising deployment volumes and persistent operator constraints. Swarmer’s software is purpose‑built for this environment, and we are seeing expanding engagement from manufacturers developing next‑generation, high‑volume platforms across multiple domains.

“Looking ahead, we are focused on expanding adoption across a wider range of unmanned platforms, deepening our integration with leading manufacturers and supporting programs as they transition from development into scaled deployment. As these initiatives mature, we believe Swarmer can serve as a foundational software layer for autonomous and collaborative systems, enabling long‑term growth as deployment volumes increase across multiple domains.”

First Quarter 2026 and Recent Operational Highlights

Successfully listed on the Nasdaq Capital Market under the ticker symbol "SWMR” and raised $17.3 million in cash proceeds from the Company’s initial public offering.Awarded $2.8 million contract for more than 16,000 software licenses to be used aboard SkyKnight quadcopter bombers and other unmanned aerial vehicles.Expanded into Japan with support from Rakuten Group, accelerating market entry and advancing deployment of Swarmer’s solutions within Japan’s advanced unmanned systems ecosystem.Entered into a memorandum of understanding with HIMERA, a Ukraine-based provider of jam-resistant radios, to integrate resilient communications into Swarmer's next-generation autonomy stack.Announced the development of a deployable drone interceptor kit, leading the collaboration with X-Drone, Norda Dynamics, and Kara Dag Technologies to create an affordable counter-drone solution.Appointed Mykhailo Nestor as Chief Product Officer to lead product strategy and development, bringing seven years of experience as Chief Product Officer at Kyivstar Group Ltd., Ukraine's largest digital operator. First Quarter 2026 Financial Results
Results compare Q1 2026 to the 2025 first quarter ended March 31, 2025 (“Q1 2025”), unless otherwise indicated.

Revenue for Q1 2026 was $20,325 compared to $110,704 in Q1 2025. The decline reflects the wind-down of service-related deferred revenue associated with the Company’s historically largest customer in Ukraine. The Company does not expect future revenue from this customer and is focused on scaling engagements with higher-volume customers in Ukraine and international markets.Gross profit (loss) for Q1 2026 was $(19,599) compared to $65,162 in Q1 2025, driven primarily by lower revenue during the period.Operating expenses for Q1 2026 were $4.5 million compared to $0.8 million in Q1 2025. The increase was primarily attributable to higher consulting and professional services expenses associated with becoming a public company, together with increased investment in engineering and product development initiatives. The Company continues to prioritize investment in engineering, product development and platform integration capabilities to support long-term growth initiatives.Net income (loss) for Q1 2026 was $(4.5) million compared to $(0.7) million in Q1 2025, primarily reflecting higher operating expenses.Cash and cash equivalents at March 31, 2026 totaled $23.5 million compared to $9.3 million at December 31, 2025. The increase primarily reflects gross proceeds of approximately $17.3 million from the Company’s initial public offering, together with approximately $3.5 million in gross proceeds from the sale of Series A-1 convertible preferred stock. Conference Call
The Company’s management will host a conference call today, May 13, 2026, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results, followed by a question-and-answer period.

Toll-Free Number: 877-407-6184
International Number: +1 201-389-0877
Webcast: Register and Join

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

The conference call will be broadcast simultaneously and available for webcast replay here.

About Swarmer
Swarmer™ is a defense technology company that specializes in vendor-agnostic software which allows one operator to intuitively control hundreds of autonomous platforms in real time. Swarmer’s primary mission areas include autonomous swarm coordination, integration of multi-domain unmanned systems and AI-powered autonomy software for distributed operations. Swarmer is not a drone manufacturer and does not depend on any single platform, supplier or hardware lifecycle. Instead, Swarmer operates at the intelligence layer, developing autonomy, coordination and decision-making software that enables large numbers of low-cost unmanned systems to operate collectively as one coherent, resilient force. Swarmer’s technology has been rigorously validated in real-world kinetic environments and was first deployed in combat operations in Ukraine in April 2024. Since then, it has completed more than 100,000 combat missions, generating terabytes of proprietary data that informs its machine-learning models and enables the replication of advanced pilot performance at scale. Swarmer’s routine use in combat missions generates continuous streams of telemetry, sensor data and operational feedback which are then used to refine performance, increase resilience and accelerate learning. Swarmer has headquarters in Austin, Texas, and maintains operations and teams in Ukraine, Poland and Estonia.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements about Swarmer’s strategy, market opportunity, customer engagement, product development, technology integrations, expansion into new markets, future revenue opportunities, expected customer mix, potential deployments, and the anticipated benefits of the Company’s relationships, memoranda of understanding, partnerships, and other commercial initiatives. Forward-looking statements are based on current expectations, estimates, forecasts, and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied.

These risks and uncertainties include, among others: the Company’s limited operating history as a public company; its history of losses and limited current revenue; customer concentration and the timing, non-renewal, or loss of customer engagements; the Company’s ability to convert pilot programs, memoranda of understanding, and development-stage relationships into binding commercial contracts or revenue; defense procurement cycles and government budget priorities; geopolitical conditions affecting operations, customers, suppliers, and deployments in Ukraine and other regions; export control, sanctions, defense trade, procurement, and other regulatory requirements; competition in the defense technology and autonomous systems markets; the Company’s ability to develop, validate, scale, and integrate its software across third-party unmanned platforms; risks associated with artificial intelligence, machine learning, data availability, data quality, cybersecurity, and operational performance in real-world environments; reliance on key personnel and technical talent; supply chain and manufacturing constraints affecting the Company’s customers or partners; and the other risks described in the Company’s filings with the Securities and Exchange Commission.

Forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.

Investor Relations Contact: [email protected]

Media Relations Contact: [email protected]

SWARMER, INC
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)  March 31,
2026  December 31,
2025        Assets      Current assets:      Cash and cash equivalents $23,472,156  $9,283,566 Prepaid expenses and other current assets  795,309   115,473 Total current assets  24,267,465   9,399,039 Property and equipment, net  309,457   227,908 Operating lease right-of-use asset  115,494   131,184 Deferred offering costs  —   471,719 Other assets  234,694   106,830 Total assets $24,927,110  $10,336,680 Liabilities, convertible preferred stock and shareholders' deficit      Current liabilities:      Accounts payable $344,253  $223,236 Accrued expenses and other current liabilities  747,538   680,782 Grant advance  182,667   189,200 Deferred revenue  2,371   23,272 Operating lease liability - current  72,070   70,703 Total current liabilities  1,348,899   1,187,193 Operating lease liability - non-current  57,620   76,273 Total liabilities  1,406,519   1,263,466 Convertible preferred stock, par value $0.00001 per share:      Series A preferred stock: 10,000,000 shares authorized as of March 31, 2026 and 4,358,597 shares authorized as of December 31, 2025; no shares issued and outstanding as of March 31, 2026 and 3,661,083 shares issued and outstanding as of December 31, 2025  —   19,013,673 Commitments and contingencies (Note 5)      Shareholders' equity (deficit)      Common stock, $0.00001 par value; 200,000,000 and 25,000,000 shares authorized as of March 31, 2026 and December 31, 2025, respectively; 11,210,256 and 1,410,975 shares issued as of March 31, 2026 and December 31, 2025, respectively; and 10,798,722 and 911,255 shares outstanding as of March 31, 2026 and December 31, 2025, respectively  110   10 Additional paid-in capital  38,606,840   663,514 Accumulated other comprehensive loss  (28,441)  (4,900)Accumulated deficit  (15,057,918)  (10,599,083)Total shareholders' equity (deficit)  23,520,591   (9,940,459)Total liabilities, convertible preferred stock and shareholders' equity (deficit) $24,927,110  $10,336,680           SWARMER, INC
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(Unaudited)  Three Months Ended March 31,   2026  2025        Revenue $20,325  $110,704 Cost of revenue  39,924   45,542 Gross margin  (19,599)  65,162 Operating expenses:      Selling, general and administrative  3,004,879   255,281 Research and development  1,486,082   522,198 Total operating expenses  4,490,961   777,479 Loss from operations  (4,510,560)  (712,317)Other income:      Other income  51,725   18,340 Loss before income taxes  (4,458,835)  (693,977)Income tax expense  —   — Net loss $(4,458,835) $(693,977)Net loss per share of common stock, basic and diluted $(0.28) $(0.25)Weighted-average shares of common stock outstanding, basic and diluted  16,064,920   2,725,467 Comprehensive loss:      Foreign currency translation adjustments  (23,541)  266 Total comprehensive loss $(4,482,376) $(693,711)          SWARMER, INC
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)  Three Months Ended March 31, Operating activities: 2026  2025 Net loss $(4,458,835) $(693,977)Adjustments to reconcile net loss to net cash used in operating activities:      Depreciation expense  38,237   — Amortization of ROU asset  15,690   — Share-based compensation expense  281,880   10,233 Changes in operating assets and liabilities:      Unbilled revenue  —   (34,269)Prepaid expenses and other current assets  (220,046)  (23,036)Other assets  (128,108)  (2,945)Accounts payable  98,580   40,890 Accrued expenses and other liabilities  133,172   6,570 Deferred revenue  (20,332)  14,737 Operating lease liability  (17,286)  — Net cash used in operating activities  (4,277,048)  (681,797)Investing activities:      Purchase of property and equipment  (124,331)  — Cash used in investing activities  (124,331)  — Financing activities:      Proceeds from initial public offering, net of underwriting discounts  16,015,000   — Proceeds from sale of Series A-1 convertible preferred stock  3,472,095   — Payment of deferred financing costs  (870,790)  — Cash provided by financing activities  18,616,305   — Effect of exchange rates on cash and cash equivalents  (26,336)  (1,785)Net increase (decrease) in cash and cash equivalents  14,188,590   (683,582)Cash and cash equivalents at the beginning of the period  9,283,566   2,081,086 Cash and cash equivalents at the end of the period $23,472,156  $1,397,504 Supplemental non-cash investing and financing activities:      Conversion of Series A convertible preferred stock into common stock and pre-funded warrants $22,485,768  $— Financing costs included in accounts payable $22,500  $—          

President Donald Trump’s administration is preparing to deepen its ties with corporate America by way of talks with several prominent drone companies.

Specifically, Washington is allegedly looking to invest in Unusual Machines Inc (NYSEAMERICAN: UMAC), and the privately-owned and Sequoia-backed firm called Neros, per a May 27 Wall Street Journal report.

The latest developments come on the back of previous reports that developing drone capabilities is a priority for the proposed $1.5 trillion in defense spending – a decision likely driven by the experience from the previous stage of the Iran war, but also years of warfare in Ukraine.

UMAC stock rallied a substantial 28.52% in the May 28 pre-market from its latest closing price of $18.83 to $24.20.

Unusual Machines stock price one-day chart. Source: Google Additionally, though not named as explicitly as Unusual Machines and Neros, other American drone companies, including Kratos (NASDAQ: KTOS), Swarmer (NASDAQ: SWMR), AeroVironment (NASDAQ: AVAV), and Red Cat Holdings (NASDAQ: RCAT), also enjoyed strong extended session performance.

Why U.S. drone stocks are likely to see long-term tailwinds from the possible investments Elsewhere, another prominent example of President Donald Trump’s efforts to boost domestic capability hints that the latest rallies for the considered drone companies are but the beginning.

For example, the previously-troubled semiconductor giant Intel (NASDAQ: INTC) saw a complete reversal of fortunes after Washington invested nearly $9 billion during the summer of 2025 as part of its work to compete with China and reduce reliance on Taiwanese foundries.

INTC stock fell roughly 70% between 2021 and mid-2025 but is up a remarkable 500% since then and soared 209.22% year-to-date (YTD) to $121.77.

Intel stock price five-year chart. Source: Google Lastly, the rest of 2026 is likely to see additional and more expansive investments in the military-industrial complex, both due to President Trump’s proposed $1.5 trillion defense budget and earlier developments in the year aimed at significantly expanding on-shore production.

Featured image via Shutterstock

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Swarmer stock is taking a hit today. Why are SWMR shares down? Swarmer Establishes Lucid Liquidity LineSwarmer filed a prospectus covering the potential resale of up to three million shares by Lucid Capital Markets under a common stock purchase agreement, the company calls the “Lucid Liquidity Line.”

Under the agreement, Swarmer may issue and sell up to three million shares to Lucid Capital Markets over time, establishing a liquidity line.

The company said it’s not selling any securities under the prospectus and will not receive any proceeds from the sale of common stock by the selling stockholder. However, the company could receive up to approximately $181 million in gross proceeds from the selling stockholder under the purchase agreement in connection with the potential sales of common stock.

Swarmer is a defense technology company focused on drone-swarm autonomy software. The company went public in March. Swarmer had approximately $23.5 million in total cash and cash equivalents as of March 31.

SWMR Shares Dive After The BellSWMR Price Action: Swarmer shares were down 11.52% in after-hours Wednesday, trading at $49.96 at the time of publication, per Benzinga Pro.

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Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Aduro Clean Technologies Inc. (ADUR - Free Report) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Aduro Clean Technologies Inc. currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for ADUR that show why this company shows promise as a solid momentum pick.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For ADUR, shares are up 20.59% over the past week while the Zacks Technology Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 27.72% compares favorably with the industry's 1.33% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Aduro Clean Technologies Inc. have increased 23.4% over the past quarter, and have gained 115.25% in the last year. On the other hand, the S&P 500 has only moved 6.19% and 31.79%, respectively.

Investors should also pay attention to ADUR's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ADUR is currently averaging 322,146 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with ADUR.

Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost ADUR's consensus estimate, increasing from -$0.46 to -$0.40 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that ADUR is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Aduro Clean Technologies Inc. on your short list.

LONDON, Ontario, May 14, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced that it has joined the Utah Petroleum Association ("UPA"), the statewide trade association representing companies involved in all aspects of Utah's oil and gas industry. The membership supports Aduro’s efforts to expand its work in paraffinic crude upgrading, an application area directly relevant to the Uinta Basin’s distinctive “yellow wax” and “black wax” feedstocks.

The Uinta Basin is one of North America’s most recognized regions for paraffinic crude production, with output that today requires insulated transport, reheating infrastructure, and selective refinery acceptance due to the feedstock’s high wax content. Founded in 1958, UPA represents producers, refiners, midstream operators, and service providers across Utah’s oil and natural gas value chain. Membership provides Aduro with the opportunity to engage directly with stakeholders, including operating companies whose insight will inform how HCT can potentially be integrated within the Uinta Basin ecosystem.

“Joining the Utah Petroleum Association supports our efforts to advance our petroleum applications program from laboratory validation toward structured, pilot-scale engagement with industry,” said Ofer Vicus, CEO of Aduro. “UPA’s membership base reflects the full Uinta Basin value chain and gives Aduro the opportunity to present the potential benefits of HCT for paraffinic crude upgrading while deepening our understanding of the transport, handling and refinery compatibility considerations associated with waxy crude streams. Solidifying industry relationships now positions Aduro to evaluate, alongside operators, where HCT can deliver the greatest commercial impact.”

“We're pleased to welcome Aduro Clean Technologies to UPA,” said Rikki Hrenko-Browning, President of the Utah Petroleum Association. “Innovation in how we move and process Utah’s waxy crudes has real implications for the competitiveness of our basin. We are excited for Aduro to explore pilot opportunities here in Utah.”

Aduro’s UPA membership follows several recent advancements in the Company’s petroleum applications program. These include a continuation-in-part patent application filed with the United States Patent and Trademark Office seeking to extend Hydrochemolytic™ Technology intellectual property protection to the upgrading of highly paraffinic crude oils, and the appointment of Scott Smith, M.A.Sc., P.Eng., as Program Director, Petroleum Technology Solutions. Recent bench-scale testing on Uinta Basin yellow wax and black wax feedstocks demonstrated that HCT processing reduced wax content of treated crude, and that the treated crude remained stable at ambient conditions — a result that, if reproduced at scale, would directly address long-standing transport and refinery compatibility constraints associated with waxy crude production.

Paraffinic crude upgrading represents a further demonstration of HCT’s applicability across distinct feedstock chemistries, alongside the Company’s existing programs in waste plastics upcycling, heavy bitumen upgrading, and renewable oils. Through its UPA membership, Aduro intends to engage with operators in the Uinta Basin and across Utah to evaluate how HCT may fit within existing production, transport, and processing infrastructure, including approaches that could reduce reliance on heated logistics and expand refinery access for paraffinic crude streams.

About the Utah Petroleum Association

The Utah Petroleum Association (UPA) is a Utah-based, statewide petroleum trade association representing companies involved in all aspects of Utah's oil and gas industry. Founded in 1958, UPA exists to serve its member companies and advance the responsible development of Utah's natural resources and the manufacture of fuels that drive Utah's economy. UPA's work spans regulatory advocacy, government affairs, public outreach, member networking, and industry information. More at www.utahpetroleum.org

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ Technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations
[email protected]
+1 226 784 8889

Jon Ekstrom, Communications Lead
[email protected]
+1 720 936 2393

KCSA Strategic Communications
Jack Perkins, Senior Vice President
[email protected]

Forward Looking Statements

This news release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws, including the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release include, but are not limited to: statements regarding Aduro’s petroleum applications program; the potential application of Hydrochemolytic™ Technology (“HCT”) for paraffinic crude upgrading; anticipated engagement with members of the Utah Petroleum Association; the evaluation of pilot opportunities and industry collaborations; the ability of HCT to integrate into existing production, transport, refining, and processing infrastructure; the potential to reduce reliance on heated logistics and expand refinery access for paraffinic crude streams; the interpretation and implications of recent bench-scale testing results; the advancement of the Company’s intellectual property portfolio; and the continued development, validation, scale-up, and commercialization of HCT.

Forward-looking statements are based on management’s current expectations and assumptions, including assumptions regarding: the technical performance and scalability of HCT; the applicability of laboratory and bench-scale results to future pilot or commercial operations; the continued availability of industry partners and engagement opportunities; the ability of the Company to advance its petroleum applications program; the ability to secure future commercial opportunities and strategic relationships; the continued development and protection of the Company’s intellectual property portfolio; and the stability of regulatory, market, and economic conditions supporting development and commercialization activities.

These statements are subject to a number of risks and uncertainties, including, but not limited to: the risk that laboratory or bench-scale results may not be replicated at pilot or commercial scale; challenges associated with scaling up the Company’s technology; operational and technical risks; changes in market conditions, commodity prices, or industry adoption; the availability of funding and resources; the ability to protect and enforce intellectual property rights; the availability and willingness of partners to participate in future collaborations or pilot programs; changes in applicable laws and regulations; and other factors described in the Company’s filings with Canadian securities regulators available on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission available at www.sec.gov. Actual results may differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, Aduro undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e63081d3-10d6-42d6-bb5b-ff01d83ef795

May 20, 2026 02:02 ET  | Source: Aduro Clean Technologies Inc.

LONDON, Ontario, May 20, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. („Aduro“ oder das „Unternehmen“) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), ein Cleantech-Unternehmen, das mithilfe chemischer Verfahren minderwertige Ausgangsstoffe wie Kunststoffabfälle, Schwerbitumen und erneuerbare Öle in Ressourcen für das 21. Jahrhundert umwandelt, gibt bekannt, dass es die bedingte Genehmigung für die Notierung seiner Stammaktien an der Toronto Stock Exchange („TSX“) unter dem Börsenkürzel „ACT“ erhalten hat. Die endgültige Genehmigung der Börsennotierung steht noch unter dem Vorbehalt, dass das Unternehmen sämtliche Anforderungen der TSX erfüllt, einschließlich der Einreichung aller erforderlichen Unterlagen.

Das Unternehmen wird eine Pressemitteilung veröffentlichen, sobald die TSX den voraussichtlichen Handelsbeginn bestätigt. Im Zusammenhang mit der Notierung an der TSX erwartet das Unternehmen das Delisting seiner Stammaktien von der Canadian Securities Exchange („CSE“). Für Aktionäre besteht kein Handlungsbedarf; weder ein Umtausch der Aktienzertifikate noch sonstige Maßnahmen sind erforderlich, da sich weder das Börsenkürzel noch der CUSIP-Code der Stammaktien ändern.

„Seit dem Börsengang an der CSE im Jahr 2021 hat sich Aduro von einem jungen börsennotierten Technologieunternehmen zu einem an der Nasdaq notierten Unternehmen für chemische Verfahrenstechnologien mit einer gestärkten Bilanz und umfangreichen Programmen zur industriellen Kommerzialisierung entwickelt“, so Ofer Vicus, Chief Executive Officer von Aduro. „Das Unternehmen hat seine Hydrochemolytic™-Technologie („HCT“) durch Betriebskampagnen in der Next-Generation-Process („NGP“)-Pilotanlage, die Entwicklung eines First-of-a-Kind („FOAK“)-Industrieprojekts, die Vereinbarung kommerzieller Abnahmeverträge, die Entwicklung von Lizenzpaketen und erweiterte Anwendungen im Erdölbereich vorangetrieben. Wir danken der CSE aufrichtig dafür, dass sie uns eine Plattform für unser frühes Wachstum am Kapitalmarkt sowie den Zugang zu Investoren geboten hat, und freuen uns auf diesen nächsten Schritt an der Toronto Stock Exchange, während wir die HCT-Technologie in den Bereichen Kunststoffabfälle, schwere Kohlenwasserstoffe und erneuerbare Öle weiter vorantreiben.“

Aduro ist derzeit im CSE25-Index vertreten, der die 25 größten Unternehmen der Canadian Securities Exchange nach Marktkapitalisierung umfasst. Dies unterstreicht das wachsende Profil von Aduro an den Kapitalmärkten sowie das Vertrauen der Aktionäre in die kontinuierlichen Fortschritte, die seit dem Börsengang von Aduro an der CSE erzielt wurden. Die geplante Notierung an der TSX stellt die nächste Phase in der Entwicklung von Aduro am Kapitalmarkt dar und soll die Marktpräsenz erhöhen, den Zugang zu institutionellen Investoren verbessern sowie das Kapitalmarktprofil des Unternehmens in Kanada weiter stärken.

Über Aduro Clean Technologies

Aduro Clean Technologies entwickelt patentierte wasserbasierte Technologien zur chemischen Wiederverwertung von Kunststoffabfällen, zur Umwandlung von Schweröl und Bitumen in leichtere und wertvollere Ölprodukte sowie zur Veredelung erneuerbarer Öle zu höherwertigen Kraftstoffen oder erneuerbaren Chemikalien. Die Hydrochemolytic™-Technologie des Unternehmens nutzt Wasser als wichtigstes Prozessmedium in einer chemischen Plattform, die bei relativ niedrigen Temperaturen und zu relativ niedrigen Kosten arbeitet. Dabei handelt es sich um einen bahnbrechenden Ansatz, der minderwertige Rohstoffe in Ressourcen für das 21. Jahrhundert umwandelt.

Für weitere Informationen wenden Sie sich bitte an:

Abe Dyck, Head of Corporate Development / Investor Relations
[email protected]
+1 226 784 8889

KCSA Strategic Communications
Jack Perkins, Senior Vice President
[email protected]

Zukunftsgerichtete Aussagen

Diese Pressemitteilung enthält zukunftsgerichtete Aussagen im Sinne der geltenden kanadischen und US-amerikanischen Wertpapiergesetze, einschließlich des US-amerikanischen Private Securities Litigation Reform Act von 1995. Zukunftsgerichtete Aussagen in dieser Pressemitteilung umfassen unter anderem Aussagen bezüglich der geplanten Notierung der Stammaktien des Unternehmens an der TSX; der Erfüllung der endgültigen Voraussetzungen für die Notierung an der TSX; des voraussichtlichen Zeitpunkts der Aufnahme des Handels an der TSX; des voraussichtlichen Delistings der Stammaktien des Unternehmens von der CSE; der erwarteten Vorteile der Notierung an der TSX, einschließlich einer größeren Marktpräsenz, eines verbesserten Zugangs zu institutionellen Anlegern und der weiteren Entwicklung des Profils des Unternehmens auf dem kanadischen Kapitalmarkt; sowie der Weiterentwicklung der Hydrochemolytic™-Technologie durch das Unternehmen in den Bereichen Kunststoffabfälle, schwere Kohlenwasserstoffe und erneuerbare Öle.

Zukunftsgerichtete Aussagen beruhen auf den derzeitigen Erwartungen und Annahmen des Managements, einschließlich Annahmen hinsichtlich der Fähigkeit des Unternehmens, die endgültigen Anforderungen der TSX zu erfüllen, sämtliche erforderlichen Unterlagen und Genehmigungen zu erhalten, den Handel an der TSX planmäßig aufzunehmen, das Delisting von der CSE umzusetzen, die Hydrochemolytic™-Technologie weiterzuentwickeln und erfolgreich einzusetzen sowie die für die Entwicklungsprogramme des Unternehmens erforderlichen finanziellen Mittel, Genehmigungen, Ausrüstungen, Partner und sonstigen Ressourcen bereitzustellen. Darüber hinaus basieren sie auf Annahmen über die Fähigkeit des Unternehmens, seine Geschäftspläne umzusetzen und die erklärten Ziele zu erreichen, seine Marktpräsenz und den Zugang zu Investoren aufrechtzuerhalten und auszubauen sowie auf stabile Markt-, Regulierungs- und Wirtschaftsbedingungen.

Diese Aussagen unterliegen Risiken und Unsicherheiten, die dazu führen können, dass die tatsächlichen Ergebnisse wesentlich von den in diesen zukunftsgerichteten Aussagen ausgedrückten oder implizierten Ergebnissen abweichen. Zu diesen Risiken und Unsicherheiten zählen unter anderem das Risiko, dass die endgültige Genehmigung der TSX nicht oder verspätet erteilt wird; das Risiko, dass der Handel an der TSX nicht wie erwartet oder überhaupt nicht aufgenommen wird; das Risiko, dass sich das erwartete Delisting von der CSE verzögert oder nicht wie vorgesehen erfolgt; Risiken im Zusammenhang mit Marktbedingungen, Handelsliquidität und Investoreninteresse; Risiken im Zusammenhang mit der Entwicklung, Skalierung, Kommerzialisierung und Marktakzeptanz der Hydrochemolytic™-Technologie; technische, operative, genehmigungsbezogene, finanzielle, lieferkettenbezogene und Integrationsrisiken; Risiken hinsichtlich Verfügbarkeit und Qualität der Ausgangsstoffe; regulatorische Risiken sowie Risiken im Zusammenhang mit Zertifizierungen und politischen Rahmenbedingungen; Wettbewerbsrisiken sowie weitere Risiken, die in den öffentlichen Einreichungen des Unternehmens unter www.sedarplus.ca und www.sec.gov beschrieben sind. Die Leser werden ausdrücklich darauf hingewiesen, kein unangemessenes Vertrauen in zukunftsgerichtete Aussagen zu setzen. Sofern nicht durch geltendes Recht vorgeschrieben, ist Aduro nicht verpflichtet, zukunftsgerichtete Aussagen zu aktualisieren oder zu überarbeiten, sei es aufgrund neuer Informationen, zukünftiger Ereignisse oder aus anderen Gründen.

Ein Foto zu dieser Mitteilung finden Sie unter https://www.globenewswire.com/NewsRoom/AttachmentNg/33a335d1-8410-4dcb-877a-3fb64fe2124e

Aduro Clean Technologies (ADUR 8.41%) has already delivered huge gains, but the next move may depend on whether its commercial milestones can become real agreements. The balance sheet is stronger, the licensing model could scale, and the Netherlands facility gives investors something concrete to watch, but the valuation and promotion risks are hard to ignore.

*Stock prices used were the market prices of May 13, 2026. The video was published on May 19, 2026.

Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

LONDON, Ontario, May 26, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is pleased to announce that it received final approval to list its common shares on the Toronto Stock Exchange (“TSX”) under the symbol “ACT”. Trading on the TSX will commence at market open on May 27, 2026.

In connection with the TSX listing, the Company will concurrently delist its common shares from the Canadian Securities Exchange (“CSE”). Shareholders are not required to exchange their share certificates or take any other action in connection with the listing, as there will be no change in the trading symbol or CUSIP for the common shares. Aduro common shares will continue to trade on the Nasdaq Capital Market under the symbol “ADUR” and Frankfurt Stock Exchange under the symbol “9D5”.

The TSX is the senior equities marketplace in Canada and one of the world’s leading public equities markets. According to TMX Group, as of April 2026, the TSX had 2,176 listed issuers and approximately C$6.8 trillion in market capitalization of listed issues across a broad range of sectors, including resources, financials, industrials, technology, and clean technology. The listing represents the next step in the Canadian capital markets development of Aduro and aligns the Canadian listing profile of the Company with its broader public-market presence in the United States and Europe.

Aduro previously traded on the CSE and was included in the CSE25 Index, a benchmark of the 25 largest companies on the exchange by market capitalization. The Company appreciates the role the CSE has played in supporting its early public-market growth and development.

The TSX listing is expected to support the next stage of the Company’s capital markets development by providing:

Senior Exchange Recognition: Listing on the TSX places Aduro on the senior equities marketplace in Canada and reflects the progression of the Company through the applicable listing review process.Broader Institutional Access: The TSX is widely recognized by Canadian and international institutional investors, and the listing is expected to improve accessibility for Aduro within institutional investment mandates, research platforms, and capital markets workflows, including mandates that give preference to senior-exchange issuers.Enhanced Trading Infrastructure: TSX-listed securities benefit from Canada’s senior equity market infrastructure, including efficient access to liquidity, quality execution, broader broker-dealer participation, market-making support, and visibility across institutional trading systems.Index Eligibility Pathway: Listing on the TSX positions Aduro to be evaluated against applicable Canadian index eligibility criteria, including criteria related to market capitalization, trading liquidity, public float, and other issuer-level requirements. Inclusion in any index is not automatic and remains subject to the applicable index methodology and future Company performance.Market Visibility and Research Discoverability: The TSX listing is expected to increase Aduro’s visibility within Canadian capital markets and improve discoverability among institutional investors, analysts, investment dealers, and financial media.Multi-Market Investor Reach: With listings on the Toronto Stock Exchange, the Nasdaq Capital Market, and the Frankfurt Stock Exchange, Aduro maintains access to investor communities in Canada, the United States, and Europe as it advances its commercialization pathway. “The commencement of trading on the Toronto Stock Exchange marks an important step in the capital markets development of Aduro and reflects the progress the Company has made since first entering the public markets in Canada,” said Ofer Vicus, Chief Executive Officer of Aduro. “As we advance NGP Pilot Plant operating campaigns, FOAK industrial planning, and commercial engagement across our Hydrochemolytic™ Technology applications, the TSX listing provides a senior Canadian market platform that better aligns with Aduro’s current stage of development and international investor profile. We are grateful to the Canadian Securities Exchange for supporting the early public-market growth of Aduro, and we thank our shareholders, partners, and the Aduro team for helping us reach this next milestone.”

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ Technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations
[email protected]
+1 226 784 8889

KCSA Strategic Communications
Jack Perkins, Senior Vice President
[email protected]

Forward Looking Statements

This news release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws, including the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release include, but are not limited to, statements regarding the expected timing of the commencement of trading on the TSX; the expected delisting of the common shares of the Company from the CSE; the anticipated benefits of the TSX listing, including senior exchange recognition, broader institutional accessibility, enhanced trading infrastructure, index eligibility pathways, market visibility, research discoverability, and continued access to investor communities in Canada, the United States, and Europe; and the continued advancement of the Company’s Hydrochemolytic™ Technology and commercialization pathway.

Forward-looking statements are based on current expectations and assumptions of management, including assumptions regarding the timing of the commencement of trading on the TSX; the delisting of the common shares of the Company from the CSE; the continued development and performance of Hydrochemolytic™ Technology; the availability of capital, permits, approvals, equipment, partners, and other resources required to support the development programs of the Company; the ability of the Company to execute its business plans and achieve its stated objectives; the ability of the Company to maintain and expand market visibility, investor access, trading liquidity, and capital markets engagement; and the stability of market, regulatory, and economic conditions.

These statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: the risk that the commencement of trading on the TSX may not occur on the anticipated timeline or at all; the risk that the expected delisting from the CSE may be delayed or may not occur as anticipated; risks related to market conditions, trading liquidity, investor interest, analyst coverage, index eligibility, and institutional investor participation; risks related to the development, scale-up, commercialization, and market acceptance of Hydrochemolytic™ Technology; technical, operational, permitting, financing, supply chain, and integration risks; risks related to feedstock availability and quality; regulatory, certification, and policy risks; competition; and other risks described in the public filings of the Company available at www.sedarplus.ca and www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable law, Aduro undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/f992198e-98cf-483a-b09d-8417b49e591c

May 26, 2026 22:50 ET  | Source: Aduro Clean Technologies Inc.

LONDON, Ontario, 27 mai 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (« Aduro » ou la « Société ») (Nasdaq : ADUR) (CSE : ACT) (FSE : 9D5), une société du secteur des technologies propres qui recycle chimiquement les matières premières de moindre valeur comme les déchets plastiques, le bitume lourd ou les huiles renouvelables en ressources adaptées au XXIe siècle, a le plaisir d’annoncer avoir reçu l’approbation finale pour la cotation de ses actions ordinaires à la Bourse de Toronto (« TSX ») sous le symbole « ACT ». Le trading sur la TSX débutera à l’ouverture des marchés le 27 mai 2026.

Dans le cadre de sa cotation à la TSX, la Société retirera simultanément ses actions ordinaires de la Bourse canadienne des valeurs mobilières (la « CSE »). Les actionnaires ne sont pas tenus d’échanger leurs certificats d’actions et n’ont aucune autre formalité à accomplir relativement à cette cotation, car le symbole boursier et le code CUSIP des actions ordinaires demeureront inchangés. Les actions ordinaires d’Aduro continueront d’être négociées sur le Nasdaq Capital Market sous le symbole « ADUR » et à la Bourse de Francfort sous le symbole « 9D5 ».

La TSX est le principal marché boursier d’actions au Canada et l’un des plus importants marchés publics au monde. Selon TMX Group, en avril 2026, la TSX comptait 2 176 émetteurs inscrits et environ 6 800 milliards de dollars canadiens de capitalisation boursière couvrant un large éventail de secteurs, notamment les ressources, la finance, l’industrie, la technologie et les technologies propres. Cette cotation marque une nouvelle étape dans le développement d’Aduro sur les marchés de capitaux canadiens et aligne le profil canadien de cotation de la Société sur sa présence plus large sur les marchés publics aux États-Unis et en Europe.

Aduro était auparavant cotée à la CSE et figurait dans l’indice CSE25, qui regroupe les 25 plus grandes sociétés de la bourse en fonction de leur capitalisation boursière. La Société souligne le rôle joué par la CSE dans le soutien à sa croissance initiale et à son développement sur les marchés publics.

La cotation à la TSX devrait soutenir la prochaine phase du développement d’Aduro sur les marchés financiers en offrant :

Reconnaissance sur un marché de premier plan : la cotation à la TSX positionne Aduro sur le principal marché boursier canadien et reflète la progression de la Société dans le cadre du processus d’évaluation applicable à la cotation.Accès institutionnel élargi : la TSX est largement reconnue par les investisseurs institutionnels canadiens et internationaux, et cette cotation devrait améliorer l’accessibilité d’Aduro au sein des mandats d’investissement institutionnels, des plateformes de recherche et des circuits des marchés financiers, notamment ceux privilégiant les émetteurs cotés sur des marchés de premier rang.Infrastructure de trading améliorée : les titres cotés à la TSX bénéficient de l’infrastructure du principal marché canadien des actions, notamment d’un accès efficace à la liquidité, d’une meilleure qualité d’exécution, d’une participation élargie des courtiers-négociants, d’un soutien en matière de tenue de marché et d’une visibilité accrue dans les systèmes de négociation institutionnels.Voie d’accès aux indices : la cotation à la TSX permet à Aduro d’être évaluée selon les critères d’admissibilité applicables aux indices canadiens, notamment en matière de capitalisation boursière, de liquidité des échanges, de flottant public et d’autres exigences propres aux émetteurs. L’inclusion dans un indice n’est toutefois pas automatique et demeure soumise à la méthodologie applicable ainsi qu’aux performances futures de la Société.Visibilité accrue et meilleure couverture de recherche : la cotation à la TSX devrait accroître la visibilité d’Aduro sur les marchés financiers canadiens et améliorer sa notoriété auprès des investisseurs institutionnels, analystes, courtiers et médias financiers.Portée multi-marchés auprès des investisseurs : grâce à ses cotations à la Bourse de Toronto, au Nasdaq Capital Market et à la Bourse de Francfort, Aduro conserve un accès aux communautés d’investisseurs au Canada, aux États-Unis et en Europe alors qu’elle poursuit son parcours de commercialisation. « Le début des négociations à la Bourse de Toronto marque une étape importante dans le développement d’Aduro sur les marchés financiers et reflète les progrès accomplis depuis notre entrée sur les marchés publics au Canada », a déclaré Ofer Vicus, PDG d’Aduro. « Alors que nous poursuivons les campagnes d’exploitation de l’usine pilote NGP, la planification industrielle FOAK et les démarches commerciales autour des applications de notre technologie Hydrochemolytic™, cette cotation à la TSX nous offre une plateforme de marché canadienne de premier plan davantage alignée sur le stade actuel de développement d’Aduro et sur son profil d’investisseur international. Nous remercions la Bourse canadienne des valeurs mobilières d’avoir soutenu la croissance initiale d’Aduro sur les marchés publics, et nous remercions nos actionnaires, nos partenaires et l’équipe d’Aduro de nous avoir aidés à franchir cette nouvelle étape importante. »

À propos d’Aduro Clean Technologies

Aduro Clean Technologies développe des technologies brevetées à base d’eau destinées à recycler chimiquement les déchets plastiques, convertir le pétrole brut lourd et le bitume en huile plus légère et à plus forte valeur, et transformer les huiles renouvelables en combustibles ou produits chimiques renouvelables à plus forte valeur ajoutée. La technologie Hydrochemolytic™ de la Société exploite l’eau comme agent essentiel d’une plateforme chimique fonctionnant à des températures et à des coûts relativement bas. Cette approche novatrice permet de convertir des matières premières à faible valeur ajoutée en ressources adaptées au XXIe siècle.

Pour tout complément d’informations, veuillez contacter :

Abe Dyck, responsable du développement d’entreprise et des relations investisseurs
[email protected]
+1 226 784 8889

KCSA Strategic Communications
Jack Perkins, vice-président principal
[email protected]

Déclarations prospectives

Le présent communiqué contient des déclarations prospectives au sens des lois canadiennes et américaines sur les valeurs mobilières, y compris la loi américaine Private Securities Litigation Reform Act de 1995. Les déclarations prospectives contenues dans le présent communiqué comprennent, sans toutefois s’y limiter, le calendrier prévu pour le début des négociations à la TSX ; le retrait prévu des actions ordinaires de la Société de la cote de la CSE ; les avantages anticipés de sa cotation à la TSX, notamment la reconnaissance sur un marché de premier plan, un accès institutionnel élargi, une infrastructure de trading améliorée, les perspectives d’admissibilité aux indices, la visibilité accrue du marché, la couverture par les analystes et le maintien de l’accès aux communautés d’investisseurs au Canada, aux États-Unis et en Europe ; ainsi que la poursuite du développement de la technologie Hydrochemolytic™ et du parcours de commercialisation de la Société.

Les déclarations prospectives reposent sur les attentes et hypothèses actuelles de la direction, notamment en ce qui concerne le calendrier du début des négociations à la TSX ; le retrait des actions ordinaires de la Société de la cote de la CSE ; le développement et le rendement continus de la technologie Hydrochemolytic™ ; la disponibilité des capitaux, permis, approbations, équipements, partenaires et autres ressources nécessaires au soutien des programmes de développement de la Société ; la capacité de la Société à exécuter ses plans d’affaires et à atteindre ses objectifs ; sa capacité à maintenir et à accroître sa visibilité sur les marchés et son accès aux investisseurs ; la liquidité des échanges et son engagement sur les marchés financiers ; ainsi que la stabilité des conditions de marché, réglementaires et économiques.

Ces déclarations sont assujetties à un certain nombre de risques et d’incertitudes qui pourraient entraîner des résultats réels sensiblement différents de ceux qui sont exprimés ou sous-entendus dans les présentes déclarations prospectives. Ces risques et incertitudes comprennent, sans toutefois s’y limiter : le risque que le début des négociations à la TSX ne se produise pas dans les délais prévus ou ne se produise pas du tout ; le risque que le retrait prévu de la cote de la CSE soit retardé ou ne se produise pas comme prévu ; les risques liés aux conditions du marché, à la liquidité des transactions et à l’intérêt des investisseurs ; les risques liés au développement, au déploiement à grande échelle, à la commercialisation et à l’acceptation par le marché de la technologie Hydrochemolytic™ ; les risques techniques, opérationnels, d’autorisation, de financement, de chaîne d’approvisionnement et d’intégration ; les risques liés à la disponibilité et à la qualité des matières premières ; les risques réglementaires, de certification et d’évolution des politiques publiques ; la concurrence ; et les autres risques décrits dans les documents publics de la Société disponibles sur les sites Internet suivants : www.sedarplus.ca et www.sec.gov. Les lecteurs sont invités à ne pas accorder une confiance excessive aux déclarations prospectives. Aduro décline toute obligation de les actualiser ou de les réviser publiquement, que ce soit à la suite de nouvelles informations, d’événements futurs ou d’autres circonstances, sauf si la loi applicable l'exige.

Une photo annexée au présent communiqué est disponible à l’adresse suivante :
https://www.globenewswire.com/NewsRoom/AttachmentNg/f992198e-98cf-483a-b09d-8417b49e591c

May 29, 2026 10:58 ET  | Source: Aduro Clean Technologies Inc.

LONDON, Ontario, 29 mai 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (« Aduro » ou la « Société ») (Nasdaq : ADUR) (TSX : ACT) (FSE : 9D5), une société du secteur des technologies propres qui recycle chimiquement les matières premières de moindre valeur comme les déchets plastiques, le bitume lourd ou les huiles renouvelables en ressources adaptées au XXIe siècle, annonce sa participation à plusieurs conférences sectorielles et événements destinés aux investisseurs au cours du mois de juin 2026. Le programme comprend des rencontres individuelles avec des investisseurs institutionnels à Londres, au Royaume-Uni, un événement investisseurs organisé par la Bourse de Toronto au Canada, ainsi que deux conférences techniques.

Temps forts des conférences et programmes commerciaux :

Rencontres individuelles avec des investisseurs institutionnels dans le cadre de la 16e conférence annuelle ROTH à Londres. Aduro y sera représentée par son président-directeur général, Ofer Vicus, et son directeur financier, Mena Beshay. Ces échanges s’inscrivent dans la continuité du dialogue engagé avec des investisseurs institutionnels internationaux à la suite de la participation de la Société à la 38e conférence annuelle ROTH plus tôt cette année.Présentation aux investisseurs et participation à une table ronde lors de la Canadian Climate Investor Conference, organisée par la Bourse de Toronto et la Bourse de croissance TSX. Cet événement marquera la première conférence investisseurs organisée par la TSX pour Aduro depuis la récente inscription de la Société à la Bourse de Toronto sous le symbole « ACT ».Présentation technique à l’AMI Chemical Recycling Europe 2026, à Francfort, consacrée à la technologie Hydrochemolytic™. L’intervention portera notamment sur l’efficacité carbone, la flexibilité des matières premières, la qualité des produits et les exigences d’intégration en aval nécessaires au déploiement du recyclage chimique.Présentation technique lors de l’événement Future of Advanced Recycling North America 2026, à Pittsburgh, axée sur les conditions pratiques de mise à l’échelle des projets de recyclage avancé tout au long de la chaîne de valeur.
AMI Chemical Recycling Europe 2026 réunira des acteurs de l’ensemble de la chaîne de valeur du recyclage chimique, notamment des développeurs de technologies, des producteurs de polymères, des recycleurs, des transformateurs, des détenteurs de marques et des utilisateurs en aval, afin d’examiner les exigences techniques et commerciales liées au déploiement industriel de ces solutions. À cette occasion, Eric Appelman présentera la technologie Hydrochemolytic™ (« HCT ») d’Aduro ainsi que les avancées réalisées dans le passage de la validation à l’échelle pilote à la planification industrielle d’une première installation commerciale de type « première du genre » (« FOAK »). Sa présentation mettra notamment l’accent sur l’efficacité carbone, la flexibilité des matières premières, la qualité des produits et les exigences d’intégration en aval. La participation d’Aduro à cet événement s’inscrit dans la poursuite du développement de son marché européen et dans le renforcement de ses échanges avec les acteurs industriels concernés par le projet d’installation industrielle « FOAK » de la Société à Chemelot.

Organisée par la Bourse de Toronto et la Bourse de croissance TSX, la Conférence canadienne des investisseurs pour le climat réunira des entreprises en croissance dans les secteurs des technologies propres et des énergies renouvelables, ainsi que des investisseurs sensibles aux enjeux climatiques. L’événement vise à favoriser les échanges autour des possibilités d’accélérer le déploiement de capitaux vers des solutions contribuant à la transition climatique. Le programme comprendra des présentations d’entreprises, des tables rondes animées par des experts sectoriels, ainsi que des occasions de rencontre entre investisseurs, entreprises de technologies propres et équipes de direction.

La participation d’Aduro fait suite à la récente cotation de la Société à la Bourse de Toronto sous le symbole « ACT ». Elle constitue une occasion opportune de présenter les avancées d’Aduro à des investisseurs canadiens engagés dans le financement de solutions climatiques. Abe Dyck présentera les activités de la Société et prendra part à une table ronde aux côtés d’autres entreprises canadiennes spécialisées dans les technologies climatiques. Il abordera notamment le rôle de la technologie Hydrochemolytic™ dans le traitement des plastiques difficiles à recycler, l’amélioration de l’efficacité des ressources et la promotion de l’économie circulaire industrielle. Il présentera également la stratégie de commercialisation progressive de la Société, qui comprend les campagnes d’exploitation de l’usine pilote NGP, la planification du projet « FOAK » et les initiatives de développement commercial.

La 16e conférence annuelle ROTH à Londres offrira aux investisseurs institutionnels l’occasion de rencontrer les équipes de direction de plus de 80 entreprises dans le cadre de réunions individuelles ou en petits groupes, conçues pour favoriser des échanges approfondis. Ofer Vicus et Mena Beshay représenteront Aduro lors des rencontres prévues avec les investisseurs. Ils présenteront notamment les progrès réalisés dans le cadre des campagnes d’exploitation de l’usine pilote NGP d’Aduro, l’avancement de la planification de l’installation industrielle « FOAK », les discussions commerciales en cours ainsi que la situation financière de la Société. La participation d’Aduro à cet événement s’inscrit dans la continuité de son dialogue avec les investisseurs institutionnels internationaux, alors que la Société poursuit sa transition de la validation à l’échelle pilote vers la mise en œuvre industrielle de sa première installation « FOAK ».

L’événement Future of Advanced Recycling North America 2026 portera sur les exigences pratiques nécessaires à la mise en œuvre de projets de recyclage avancé commercialement viables, finançables et crédibles à grande échelle. Les thèmes abordés comprendront notamment la sécurisation de l’approvisionnement en matières premières, le cadre réglementaire, les performances technologiques, le financement, la demande du marché, la qualité des produits, les allégations liées aux solutions de recyclage avancé et la coordination de la chaîne de valeur. Eric Appelman y présentera la technologie Hydrochemolytic™ ainsi que l’approche de la Société visant à passer de la validation à l’échelle pilote au déploiement industriel de sa première installation « FOAK ». En amont de la conférence, Eric a également participé à un bref entretien mettant en lumière la contribution d’Aduro au programme de l’événement. Sa présentation mettra l’accent sur les efforts déployés par Aduro pour faire progresser le recyclage avancé au-delà des annonces d’intention, en générant des données d’exploitation, en validant les filières de produits, en s’alignant sur les exigences en aval et en établissant les partenariats nécessaires à une mise en œuvre commerciale crédible.

Outre sa participation à ces événements, Aduro prévoit d’organiser des réunions tout au long des conférences et des salons professionnels. Les parties intéressées sont invitées à contacter les organisateurs respectifs ou à envoyer un e-mail à [email protected] pour convenir de rendez-vous individuels.

À propos d’Aduro Clean Technologies

Aduro Clean Technologies développe des technologies brevetées à base d’eau destinées à recycler chimiquement les déchets plastiques, convertir le pétrole brut lourd et le bitume en huile plus légère et à plus forte valeur, et transformer les huiles renouvelables en combustibles ou produits chimiques renouvelables à plus forte valeur ajoutée. La technologie Hydrochemolytic™ de la Société exploite l’eau comme agent essentiel d’une plateforme chimique fonctionnant à des températures et à des coûts relativement bas. Cette approche novatrice permet de convertir des matières premières à faible valeur ajoutée en ressources adaptées au XXIe siècle.

Pour plus d’informations, veuillez contacter :

Abe Dyck, responsable du développement d’entreprise et des relations avec les investisseurs
[email protected]
+1 226 784 8889

Déclarations prospectives

Le présent communiqué de presse contient des déclarations prospectives au sens de la législation sur les valeurs mobilières applicable. Ces déclarations prospectives comprennent, sans s’y limiter, les déclarations relatives à la participation prévue d’Aduro à des conférences sectorielles et à des événements destinés aux investisseurs en juin 2026, aux présentations attendues, à la participation à des tables rondes, aux rencontres avec des investisseurs, aux discussions avec les acteurs de l’industrie, ainsi qu’aux retombées attendues de ces activités. Les déclarations prospectives portent également sur les programmes de développement de la Société, notamment les campagnes d’exploitation de l’usine pilote NGP, la planification de l’installation industrielle « FOAK », les initiatives de commercialisation, l’alignement des contrats d’achat, l’élaboration d’un ensemble de licences, ainsi que le rôle potentiel de la technologie Hydrochemolytic™ dans des applications liées aux déchets plastiques, au bitume lourd et aux huiles renouvelables.

Ces déclarations prospectives reposent sur les attentes actuelles de la direction et sont assujetties à des risques et incertitudes susceptibles d’entraîner des résultats réels sensiblement différents de ceux exprimés ou sous-entendus dans ces déclarations. Ces risques et incertitudes comprennent notamment les changements pouvant affecter le calendrier ou le format des conférences, les conditions de marché, l’intérêt des investisseurs, la mobilisation des acteurs du secteur, la capacité de la Société à exécuter ses plans de développement et de commercialisation, l’avancement des opérations de l’usine pilote, la progression du projet « FOAK », l’engagement des partenaires, les discussions relatives aux contrats d’achat et aux licences, ainsi que d’autres risques décrits dans les documents déposés par la Société, disponibles sur SEDAR+ à l’adresse www.sedarplus.ca et sur EDGAR à l’adresse www.sec.gov.

La Société décline toute intention ou obligation de mettre à jour ou de réviser les déclarations prospectives, sauf si la loi applicable l’exige.

Une photo annexée au présent communiqué est disponible à l’adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/48eb5432-6e8e-433b-a8e0-49a20bbaee48

LONDON, Ontario, June 03, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (TSX: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today formally announced the appointment of Jan Lemmens as Project Director for the Company’s First-of-a-Kind (“FOAK”) industrial facility at the Chemelot Industrial Park in Sittard-Geleen, the Netherlands.

Mr. Lemmens will lead project development, engineering, and construction activities for the FOAK facility, bringing more than three decades of industrial leadership experience across European specialty materials, plastics, and chemical processing industries. The appointment adds dedicated, on-the-ground leadership as the FOAK program transitions into its engineering, permitting, and construction-preparation phase, reflecting the project’s progress.

In this role, Mr. Lemmens will oversee the planning and execution of site development activities for the FOAK facility, including civil works, permitting, contractor coordination, and preparation of the site for construction and operations. He will support coordination between project activities in the Netherlands and Aduro’s Canadian engineering, operations, and logistics teams to help align site execution with process requirements, material movement, and operational planning. Mr. Lemmens will also help lead the development of the local operating organization, including recruitment, safety, training, and commissioning-readiness programs required for the transition from project execution to industrial operations.

Mr. Lemmens has held senior operational and engineering leadership positions across the Netherlands and Europe, including Director of Operations and Plant Manager at Sekisui S-Lec BV; General Manager at RPC BEBO NL; Operations Director at Transilwrap Company, where he established the company’s first European manufacturing facility; and Group Engineering Manager at Rexam, where he led major industrial investment projects across the United Kingdom.

In recent years, Mr. Lemmens has supported multiple industrial companies through project leadership and operational advisory roles focused on manufacturing expansion, engineering execution, operational improvement, safety systems, and industrial site development. His experience includes working within the Chemelot industrial ecosystem and coordinating with contractors, infrastructure providers, and industrial stakeholders across complex operating environments.

“This project has reached a stage where local industrial execution experience becomes critically important,” said Ofer Vicus, Chief Executive Officer at Aduro. “Jan brings practical experience building and operating industrial facilities in this region, with a strong understanding of safety, project discipline, and how projects are executed within the Chemelot environment. His appointment strengthens Aduro’s ability to advance the FOAK facility through engineering, permitting, and construction preparation with the discipline and structure required for a first-of-a-kind project.”

“Aduro’s technology is entering an important stage of industrial advancement,” said Jan Lemmens, Project Director at Aduro. “The focus now is on establishing the project organization and execution framework required to advance engineering, equipment procurement, contractor and vendor engagement, permitting coordination, construction planning, and operational readiness as the FOAK facility progresses toward construction and future scale-up. I am pleased to be invited to lead this project at such an important stage of its development.”

The FOAK facility, announced in January 2026, is designed to deploy Hydrochemolytic™ Technology (“HCT”) for the chemical recycling of waste plastics at an initial capacity of approximately 10,000 tonnes per year. The site is configured to support phased expansion to larger-scale operations, providing a modular pathway intended to establish industrial-scale operating experience while preserving capacity for future growth.

The project has advanced through several milestones, including site selection within the Chemelot Industrial Park and the engagement of Ebert HERA B.V. to lead permitting activities. Aduro has also secured an offtake letter of intent covering an initial parcel of the facility’s production, an early commercial validation that links process development to a defined downstream market.

Located within one of Europe’s most integrated chemical industry clusters, the project is well positioned to benefit from existing infrastructure, feedstock access, and proximity to downstream users of circular hydrocarbons. Chemelot’s interconnected industrial ecosystem supports the development of circular value chains through shared utilities, logistics, and material flows, creating a practical pathway for scaling advanced recycling technologies.

The FOAK facility is intended to establish a scalable foundation for Hydrochemolytic™ Technology in Europe, contributing to the region’s efforts to expand chemical recycling capacity and integrate circular feedstocks into existing petrochemical systems.

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations
[email protected]
+1 226 784 8889

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release include, but are not limited to, statements regarding the development, engineering, permitting, construction, commissioning, and start-up of Aduro’s First-of-a-Kind (“FOAK”) industrial facility at Chemelot; the expected design capacity and phased expansion of the facility; the advancement of permitting and engineering activities; the progression of commercial discussions and product offtake arrangements; and the anticipated role of the project in supporting chemical recycling and circular feedstock integration in Europe.

Forward-looking statements are based on management’s current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements, including risks related to project development and execution, permitting and regulatory approvals, engineering and construction activities, technology scale-up, feedstock supply, commercial arrangements, financing, market conditions, and other factors beyond the Company’s control. Additional information regarding these risks and uncertainties is available in the Company’s public filings available at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, Aduro undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/793f3749-73dd-415a-b5af-854ae2e535f5

LONDON, Ontario, June 09, 2026 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (TSX: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today provided an update on results from the latest operating campaigns at its Next Generation Process (NGP) Pilot Plant.

Highlights

Continuous operation: Latest campaign conducted under Aduro’s current 24/4 operating model, meaning 24-hour operation across a planned four-day campaign window.Steady-state performance: Steady-state conditions were achieved under typical Hydrochemolytic™ conditions and sustained during the defined operational window, with samples collected at regular intervals.Process robustness: Steady-state conditions were re-established within approximately two hours after intentional operating changes, providing data on process-control response and operator procedures.Liquid hydrocarbon recovery: Results showed 86% liquid hydrocarbon recovery over the steady-state window, and 85% of the liquid product consisted of C20-and-below hydrocarbons, a carbon-number range typically associated with naphtha cracker feedstocks.Product quality analysis: Product quality indicators were as expected and comparable to products from batch and R2 experimental campaigns using the same polypropylene recovered from waste plastics.Feedstock selection: Polypropylene recovered from waste plastics was used as a controlled feedstock to establish a reliable operating baseline under defined Hydrochemolytic™ conditions.Next campaign progression: Results support planning for longer-duration campaigns using mixed polypropylene and polyethylene feedstocks, while also informing design inputs for Aduro’s planned first-of-a-kind (FOAK) Industrial Plant.
Over the past few months, Aduro has conducted a structured series of operating campaigns as it transitions from commissioning to sustained pilot plant operations with the goal of achieving continuous, longer-duration runs. These campaigns have ranged from single-day tests to four-day operating windows and have progressively evaluated the performance of reactor, feed-handling, and product-recovery systems, and overall operability of the plant under typical process conditions of Hydrochemolytic™ technology. Each campaign has produced practical operating data that has been used to refine startup, stabilization, product recovery and mass balance, and shutdown procedures; establish operating parameters; improve equipment performance; and better integration of the feed-handling, reaction, and product recovery sections of the Pilot Plant into a unified process.

Central to this work is achieving and holding steady state – the condition in which the reactor, and the material entering and leaving it, remain stable over time. Sustained steady-state operation is an important measure of process operability because it demonstrates that the feed-handling, reaction, product recovery, and process-control systems can operate together under various operational conditions.

As part of this normal pilot plant development process, the Aduro team has completed equipment adjustments, troubleshooting, cleaning, targeted repairs, and procedural refinements. These activities have been incorporated into successive campaigns to improve functionality, reliability, control, and resilience.

Building on prior campaigns, Aduro completed its latest planned operating campaign under its current 24/4 operating model, meaning 24-hour operation across a planned four-day campaign window. Excluding startup and shutdown phases, the run operated continuously for 47 hours using polypropylene recovered from waste plastics as a controlled feedstock. During the run, the feed-handling, reaction, and product recovery systems operated together under controlled conditions, wherein the reactor was maintained at target temperature, pressure, and recipe for Hydrochemolytic™ conversion.

Within the 47-hour run, steady-state conditions were achieved after approximately 12 hours and maintained for an additional 35 hours. Samples were collected at regular intervals to assess process performance, stability of the process, and product quality under representative operating conditions. To further evaluate stability, operating conditions were intentionally changed during the campaign. Steady-state conditions were re-established within approximately two hours, providing data on process robustness, operator response, and process-control strategy.

Over the steady-state window, the total liquid hydrocarbon recovered represented approximately 86% of the mass of polypropylene fed into the reactor during that period. Of the liquid hydrocarbon recovered, approximately 85% consisted of compounds with carbon numbers of 20 or below, which is the range typically associated with naphtha cracker feedstocks. Chemical analysis of the samples collected during the defined steady-state period demonstrated product quality consistent with prior HCT testing using the same feedstock, including batch testing and R2 continuous flow operation at smaller throughput.

The results provide additional data regarding process performance under integrated Pilot Plant operation and are being used to refine operating parameters, evaluate scale-up decisions, and inform the design basis for Aduro’s planned FOAK Plant. They also support the next phase of the Pilot Plant program, including progression from the current 24/4 model toward sustained 24/7 operation and longer-duration campaigns using mixed polypropylene and polyethylene feedstocks.

“The NGP Pilot Plant is doing what it was designed to do: generate practical operating, yield, and product-quality data that helps us define the parameters for the next stage of scale-up,” said Ofer Vicus, Chief Executive Officer at Aduro. “The latest campaign builds on prior runs and provides additional insight into the way the process operates under steady-state conditions. These results strengthen our confidence in our understanding of how the process operates and are helping us to refine the design basis for our planned FOAK Plant and support the engineering planning required for longer-duration campaigns and next-stage scale-up activities.”

“The latest campaign represents an important operating milestone for the NGP Pilot Plant,” said David Weizenbach, Chief Operating Officer at Aduro. “It demonstrated the team’s ability to move the process through startup, stabilization, steady-state operation, and controlled recovery after deliberate operating changes. Each campaign is generating the practical data needed to refine procedures, improve process control, and prepare for longer-duration operation.”

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company’s Hydrochemolytic™ technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

For further information, please contact:

Abe Dyck, Head of Corporate Development / Investor Relations
[email protected]
+1 226 784 8889

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws, including statements regarding the Company’s Next Generation Process (NGP) Pilot Plant operating campaigns; the duration, stability, and repeatability of continuous operations; the interpretation of process robustness and recovery following deliberate operating-condition disturbances; the evaluation and analytical results of product samples; the planned extension of operating campaigns, including longer-duration and 24/7 operations; the integration of pilot plant data into the design basis for the Company’s planned first-of-a-kind (FOAK) Plant; the Company’s broader development and commercialization pathway; and the potential scale-up and commercialization of the Company’s technology.

Forward-looking statements are based on management’s current expectations and assumptions, including assumptions regarding the continued performance and operability of the NGP Pilot Plant; the ability to extend run durations and achieve stable continuous operations; the consistency and quality of product outputs; the applicability of pilot-scale results to larger-scale systems; the effectiveness of engineering design and scale-up activities; the availability of personnel, capital and other resources; the timely receipt of any required regulatory approvals; and general economic and market conditions.

These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those expressed or implied, including, but not limited to: operational challenges in pilot plant campaigns; variability in performance across extended run durations; the possibility that analytical results may differ from initial observations; challenges in scaling the technology or translating pilot data into engineering design; the availability of capital and resources to support ongoing development; differences between pilot-scale results and commercial-scale outcomes; delays or changes in development plans; the risk that product quality, yields, operability or continuous run performance may not be maintained or replicated; risks related to the Company’s ability to successfully develop, scale, and commercialize its technologies; risks related to attracting and retaining key personnel; risks related to securing and maintaining necessary regulatory approvals; and general market, supply chain and macroeconomic conditions; and other factors described in the Company’s public filings available at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are provided for the purpose of assisting readers in understanding management’s current expectations and plans and may not be appropriate for other purposes. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/efb24259-163e-43f6-a929-73bb8efcfd33

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HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its first quarter 2026 earnings will be released after the market closes on Thursday, April 30, 2026. The Company will host a conference call on Friday, May 1, 2026, at 10:00 AM Central Time, which will include prepared remarks by management and a question-and-answer session. Camden’s complete earnings release and supplemental data will be available in the Investors section of the Company’s website at https://investors.camdenliving.com

Conference Call and Webcast Details
Domestic Dial-In Number: (888) 317-6003
International Dial-In Number: (412) 317-6061
Passcode: 4099400
Live Webcast: https://investors.camdenliving.com

Conference Call Replay
Domestic Dial-In Number: (855) 669-9658
International Dial-In Number: (412) 317-0088
Passcode: 8152910
Phone Replay Available through May 15, 2026
Webcast Replay: https://investors.camdenliving.com

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 171 properties containing 58,254 apartment homes across the United States. Upon completion of 3 properties currently under development, the Company’s portfolio will increase to 59,416 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 19 consecutive years, most recently ranking #13.

For additional information, please contact Camden’s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com.

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The dollar's dominance is quietly cracking, which will likely lead to a significant macro shift in the coming years. While I have bet heavily on several real asset sectors, they have all soared materially higher since I started investing in them. I detail two of the best opportunities remaining in the real asset space to benefit from the coming macro shift.

U.S. equity markets extended their rebound this week as investors welcomed tentative progress toward de-escalation in the Middle East following several days of dramatic threats of significant escalation. The fragile pause in hostilities temporarily eased fears of a prolonged disruption to global energy supplies and fueled a sharp retreat in oil prices after a surge to four-year highs. Markets also found support from lukewarm inflation data and signs that the U.S. labor market continues to demonstrate resilience despite elevated energy costs and geopolitical uncertainty.

U.S. equities surged to record highs as optimism over a potential U.S.-Iran peace deal and the reopening of the Strait of Hormuz drove a risk-on rally, pushing oil sharply lower. Markets rapidly repriced the risk of a prolonged oil shock after the Strait of Hormuz reopened, easing fears of a major energy disruption that could have derailed global growth. Cooler-than-expected PPI data and a solid start to earnings season supported equities, though renewed threats to shipping traffic over the weekend underscored that progress toward de-escalation remains fragile.

Key Takeaways Camden Property Trust is set to report Q1 results with revenues expected to rise modestly year over year.CPT may benefit from demand rebound and easing supply, supporting occupancy and rental stability.Higher concessions and weak rent growth in Sun Belt markets could pressure Camden's FFO. Camden Property Trust (CPT - Free Report) is slated to report first-quarter 2026 results on April 30, after market close. The company’s quarterly results are likely to witness a year-over-year rise in revenues, though funds from operations (FFO) per share might decline.

In the last reported quarter, this residential real estate investment trust (“REIT”) reported FFO per share of $1.76, delivering a surprise of 1.73%. Results reflected higher same-property revenues. Lower effective blended lease rates and occupancy decline marred the growth tempo.

In the preceding four quarters, CPT’s FFO per share outpaced the Zacks Consensus Estimate on all occasions, with the average beat being 1.32%. The graph below depicts this surprise history:

In this article, we will dive deep into the U.S. apartment market environment and the company's fundamentals and analyze the factors that might have contributed to its first-quarter 2026 performance.

US Apartment Market in Q1The U.S. apartment market entered 2026 in better shape than many investors feared, though not yet in a clean pricing recovery. RealPage reported that first-quarter demand rebounded, with absorption of nearly 93,300 units, making it one of the strongest first quarters of the past decade. The snapback helped reverse the late-2025 move-out weakness, but annual demand still ran only a little above 303,000 units, below the roughly 340,000-unit decade average.

The good news is that the new supply is finally rolling over. Roughly 367,000 units were completed in the year-ending first quarter of 2026, including about 75,200 units in the quarter itself. This is still elevated in absolute terms, but it is a major comedown from the late-2024 peak of more than 589,000 unit annual deliveries and now sits near the 10-year average annual completion volume. 

National occupancy stood at 94.9% in first-quarter 2026, up 10 basis points sequentially but 20 basis points below the prior year. Rents rose 0.4% in the quarter after two consecutive quarterly declines but remained down 0.5% year over year. Concessions continue to do much of the heavy lifting: 25.5% of apartments were offering concessions, with the average incentive at 7.2%.

The weakest rent trends remain in high-supply Sun Belt markets. Austin, Denver and Phoenix posted some of the deepest annual rent cuts, while San Antonio, TX, Tampa, FL, Nashville, TN, and Las Vegas also lost momentum. In contrast, San Francisco, San Jose, CA, and New York showed rent growth, helped by easing supply pressure and better demand. Several Midwest markets, including Chicago, St. Louis and Cleveland, also posted steady gains because new supply has been more limited.

Factors at Play for Camden Property and Q1 ProjectionsAgainst this residential industry backdrop, Camden is expected to have drawn support from the rebound in apartment demand and easing supply pressures, which likely aided occupancy and stabilized rental trends.

A favorable demographic profile, resilient renter base and strong presence in high-growth Sun Belt markets are likely to have supported steady revenue performance, with improving conditions anticipated in the latter half of 2026.

However, elevated supply in certain markets, continued use of concessions and still-muted rent growth are expected to have limited pricing power, potentially weighing on overall earnings momentum.

For the first quarter, the Zacks Consensus Estimate for CPT’s revenues currently stands at $390.7 million, implying a marginal growth from the year-ago reported number.

For the first quarter, Camden expected core FFO per share in the range of $1.64-$1.68. However, before the first-quarter earnings release, the company’s activities were not adequate to gain analysts’ confidence. The Zacks Consensus Estimate for the quarterly core FFO per share has remained unchanged over the past two months at $1.67, which lies within the guided range and shows a decline of 2.9% year over year.

Here Is What Our Quantitative Model Predicts for CPT:Our proven model does not conclusively predict a surprise in terms of FFO per share for Camden this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an FFO beat, which is not the case here.

Camden currently carries a Zacks Rank of 3 and has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks That Warrant a LookHere are two stocks from the broader REIT industry — BXP, Inc. (BXP - Free Report) and Cousins Properties (CUZ - Free Report) — you may want to consider, as our model shows that these have the right combination of elements to report a surprise this quarter.

BXP is slated to report quarterly numbers on April 28. It has an Earnings ESP of +0.17% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cousins Properties, slated to release quarterly numbers on April 29, has an Earnings ESP of +0.94% and carries a Zacks Rank of 3 at present.

Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs.

On April 30, 2026, Camden Property Trust CPT released its 8-K filing detailing first quarter 2026 results. GAAP EPS was $0.40 per diluted share, which is above the estimated EPS of $0.27. Property revenue was $388.8 million, which is above the estimated revenue of $388.05 million. The quarter included litigation-related charges that reduced FFO and a gain on the sale of an operating property that lifted GAAP EPS.

Camden Property Trust is a real estate investment trust engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owned interests in, operated, or developing nearly 175 multifamily properties comprised of nearly 59,921 apartment homes across the United States.

Quarterly performance and operating trends GAAP EPS was $0.40, which is higher than the 1Q26 guidance midpoint of $0.24. FFO per share was $1.15, which is below the 1Q26 guidance midpoint of $1.63. Core FFO per share was $1.70, which is higher than the 1Q26 guidance midpoint of $1.66.

Management noted the unusual items influencing these comparisons.

(1) The Company's EPS and FFO included approximately $0.48 per diluted share primarily due to litigation-related charges and EPS included approximately $0.64 per diluted share mainly due to the gain on sale of an operating property.Versus the prior year, EPS increased to $0.40 from $0.36. FFO declined to $1.15 from $1.70. Core FFO declined to $1.70 from $1.72. Core AFFO declined to $1.55 from $1.58. Property revenue was $388.8 million, which is below $390.6 million a year ago.

Same-property operating metrics reflected modest demand and rent pressure. Same-property revenue increased by 0.2% year over year. Same-property expenses increased by 1.9% year over year. Same-property NOI decreased by 0.7% year over year. Sequentially, revenue increased by 0.1%. Sequentially, expenses increased by 2.1%. Sequentially, NOI decreased by 1.0%.

Occupancy was 95.1%, which is below 95.4% in 1Q25. Occupancy was also below 95.2% in 4Q25. Effective new lease rates were down 5.2% year over year. Effective renewal rates increased 2.9% year over year. The effective blended lease rate declined 1.4% year over year.

Capital allocation, balance sheet and liquidity Camden was active in both capital markets and portfolio recycling.

During the quarter, the Company issued $600 million of senior unsecured notes due 2036.The notes carry a 4.90% coupon and a 5.03% effective interest rate. The unsecured revolving credit facility maturity was extended to March 2030. Liquidity totaled approximately $881.9 million at March 31, 2026, including $40.7 million of cash and $841.2 million of availability.

Shareholder returns featured sizable repurchases.

During the quarter, Camden repurchased 2,633,030 common shares at an average price of $105.88 per share for a total of $278.8 million.Subsequent to quarter end, the company repurchased an additional 1,429,136 shares for $144.1 million, leaving $297.8 million under the authorized program.

Portfolio activity remained balanced between dispositions, acquisitions, and development. The company sold a 516-home Irving, TX community for approximately $77.0 million and recognized a gain of approximately $67.9 million. It began marketing 11 operating communities in California. Subsequent to quarter end, Camden acquired communities in the Atlanta and Orlando metros for a combined $171.3 million. Development leasing progressed at Camden Village District in Raleigh, NC, which was 72% leased as of April 29, 2026.

Regarding the class action tied to revenue management software, the filing stated:

Subsequent to quarter end, the Company entered into a binding term sheet to settle the class action litigation related to the use of a revenue management software and agreed to pay an aggregate of $53.0 million into a settlement fund which is subject to preliminary and final court approval.The company recorded this charge in the quarter and indicated it is excluded from Core FFO and Core AFFO.

Metric Q1 2026 Q1 2025 Analyst/Guidance Ref Comparison GAAP EPS (diluted) $0.40 $0.36 $0.27 (Analyst est) / $0.24 (Guidance midpoint) Above est by $0.13. Above guidance by $0.16. FFO per share $1.15 $1.70 $1.63 (Guidance midpoint) Below guidance by $0.48. Core FFO per share $1.70 $1.72 $1.66 (Guidance midpoint) Above guidance by $0.04. Core AFFO per share $1.55 $1.58 n/a Down $0.03 year over year. Property revenue $388.8M $390.6M $388.05M (Analyst est) Above est by $0.75M. Down $1.8M year over year. Same-property NOI -0.7% y/y — — Decline vs prior year. Occupancy 95.1% 95.4% 4Q25: 95.2% Down 30 bps y/y. Down 10 bps q/q. Effective new lease rate change -5.2% -3.1% 4Q25: -5.3% Weaker y/y. Slightly better q/q. Effective renewal rate change +2.9% +3.3% 4Q25: +2.8% Softer y/y. Slightly better q/q. Effective blended lease rate -1.4% -0.1% 4Q25: -1.6% Weaker y/y. Improved q/q.Why these results matter for REIT investors For apartment REITs, Core FFO and Core AFFO are key measures of recurring earnings power and dividend capacity. Core FFO of $1.70 per share was stable relative to last year and slightly above guidance, underscoring resilient cash earnings despite market headwinds. However, negative blended lease growth and higher expenses pushed same-property NOI modestly lower, signaling ongoing pressure on organic growth.

The large discrepancy between GAAP EPS and FFO stems from non-core items that affect comparability. The litigation charge lowered FFO materially, while the property sale gain lifted GAAP EPS. These items highlight why Core FFO is often the preferred lens for evaluating operations in this sector. Balance sheet actions—issuing 10-year unsecured notes and extending the revolver—support liquidity, while sizable buybacks can be accretive to per-share metrics but reduce cash and borrowing capacity.

Additional context and notable disclosures As of quarter end, liquidity stood at approximately $881.9 million, and Camden had approximately $176.6 million left to fund under its existing wholly-owned development pipeline. The company also began marketing 11 operating communities in California, continuing its capital recycling efforts. Development at Camden Village District in Raleigh, NC, progressed with 72% of homes leased, while subsequent acquisitions in the Atlanta and Orlando markets added 557 apartment homes for $171.3 million.

The litigation update indicates a pending $53.0 million settlement fund subject to court approvals. The charge was recorded in the quarter and is excluded from Core FFO and Core AFFO, which helps maintain comparability of operating performance across periods but represents a cash outlay to be managed alongside other capital priorities.

GuruFocus Valuation Check Based on GuruFocus’ proprietary GF Value, Camden Property Trust CPT appears modestly undervalued. The GF Value stands at $111.9 versus a current price of $105.02, implying the shares are 6.1% undervalued. This suggests a slight margin of safety for investors who anchor valuations to long-term intrinsic value estimates.

CPT’s GF Score is 78/100, which is above average and indicates a favorable overall investment profile when balancing growth, profitability, and financial quality. The Profitability Rank is 7/10, reflecting solid operating efficiency for a REIT. The Growth Rank is 5/10, pointing to moderate expansion prospects consistent with recent same-property trends. Financial Strength is 4/10, which signals a need to watch leverage and liquidity amid ongoing capital returns and development funding. Predictability is 1 star, indicating that earnings and cash flows may be more variable, a common trait in property cycles. The Moat Score is 5/10, implying a moderate competitive position supported by scale and diversification.

Insider Activity shows no insider transactions in the last three months, offering no additional bullish or cautionary signal from management alignment. For a deeper dive, visit the Camden Property Trust stock page on GuruFocus.

Explore the complete 8-K earnings release (here) from Camden Property Trust for further details.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

For the quarter ended March 2026, Camden (CPT - Free Report) reported revenue of $388.77 million, down 0.5% over the same period last year. EPS came in at $1.70, compared to $0.36 in the year-ago quarter.

The reported revenue represents a surprise of -0.48% over the Zacks Consensus Estimate of $390.66 million. With the consensus EPS estimate being $1.67, the EPS surprise was +2.1%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Camden performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Rental revenues: $345.7 million versus $388.49 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.Non-property income- Total: $1.24 million versus $4.38 million estimated by three analysts on average.Non-property income- Interest and other income: $0.25 million versus $0.39 million estimated by three analysts on average.Net Earnings per Share (Diluted): $0.40 compared to the $0.03 average estimate based on three analysts.Non-property income- Fee and asset management: $2.14 million versus the three-analyst average estimate of $2 million.Non-property income- Income/(loss) on deferred compensation plans: $-1.16 million versus the two-analyst average estimate of $2.98 million.View all Key Company Metrics for Camden here>>>

Shares of Camden have returned +7.2% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Camden Property Trust (CPT) Q1 2026 Earnings Call Transcript

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Camden Property Trust (NYSE: CPT) (the “Company”) announced today it will participate in the Nareit REITweek 2026 Investor Conference on Tuesday, June 2 and

Eli Lilly and Co (NYSE:LLY) said on Tuesday it will acquire Centessa Pharmaceuticals PLC (NASDAQ:CNTA) for $38 per share in cash, with a potential contingent value right worth up to $9 per share, valuing the deal at approximately $6.3 billion upfront and up to $7.8 billion including milestones.

The acquisition adds Centessa’s sleep-wake disorder pipeline, including its lead asset cleminorexton, to Lilly’s neuroscience business.

Cleminorexton is being evaluated in clinical trials for narcolepsy type 1, narcolepsy type 2, and idiopathic hypersomnia.

Centessa shares surged about 45% in early trading on Tuesday, while Lilly shares rose roughly 2.9%.

BMO Capital reiterated an Outperform rating and a $1,300 price target on Eli Lilly shares following the acquisition announcement. The firm said the deal is positive for Lilly, noting the company is acquiring from a position of strength and diversifying its business ahead of any major loss of exclusivity events.

The deal highlights Lilly’s effort to broaden its portfolio beyond metabolic treatments and strengthen its presence in neuroscience.