SCHMID Group secures Major Orders for AI Server PCB Production Equipment - Schmid Group (NASDAQ:SHMD)

Schmid Group (NASDAQ:SHMD) shares rose after the close after the company raised its 2026 order intake outlook to 125 million to 130 million euros from about 114 million euros, citing improved order momentum. Schmid booked 30.7 million euros in new orders and reported 27.7 million euros revenue in Q2 2026, with a 54.8 million euro backlog. It kept full-year revenue guidance above 100 million euros and EBITDA margin above 12%.

SCHMID Group (NASDAQ: SHMD) said it received a repeat order from a leading Chinese customer for advanced HDI-ML and mSAP production equipment exceeding EUR 37 million. The order follows a first phase delivered in 2025 and supports the customer’s next mSAP capacity expansion for AI server boards and optical modules. SCHMID reported EUR 44.3 million order intake for six months ended June 30, 2026 (EUR 81.7 million since Jan. 1) and is reviewing upward guidance, with revised guidance expected aroun

SCHMID Group N.V. (NASDAQ: SHMD) said it entered a July 7, 2026 investment agreement to issue and sell $20.0 million of senior convertible notes in a private placement. Notes pay 5% interest (compounded quarterly, payable-in-kind) and mature Jan. 14, 2029. Conversion is at the lower of $10.50 or 97% of VWAP (min $1.93). Proceeds fund working capital and China plant expansion.

Eaton (NYSE:ETN) said the U.S. Air Force Research Laboratory awarded it a $7 million, 24-month contract to use quantum computing, machine learning, and advanced visualization to improve power grid resilience and protection. The work, with Infleqtion and Penn State, targets detection and response to multiple concurrent physical and cyber threats, addressing NERC N-2 contingency requirements.

ExxonMobil Moçambique Limitada issued McDermott Energy Solutions (UK) a letter of intent for limited engineering and procurement work on Rovuma LNG Phase 1 midstream development. The award supports planning ahead of a final investment decision expected in 2026. Rovuma LNG targets 12 modular trains totaling 18.6 mtpa, with start-up in 2031. ExxonMobil says the 30-year project could generate about $150B in revenues for Mozambique’s government.

Serbia President Aleksandar Vucic said Serbia will open a joint UAV factory with Elbit Systems, with inauguration expected Sept 15-20. Elbit will hold 51% and Serbia’s state arms firm SDPR 49%. The factory relates to a five-year contract covering precision rockets and unmanned systems, plus ISTAR, digitization and upgrades.