{"success":true,"data":{"pressRelease":{"id":"164127","rtpr_id":"nGNX9LQz1H-20261008","ticker":"VHUB","exchange":"NASDAQ","all_tickers":["VHUB"],"title":"VenHub to Expand Smart Store Deployments Into Multifamily Residential Market; First VenHub Autonomous Retail Store Will Be at Penn Lofts in Bend, Oregon","author":"Globe Newswire","published_at":"2026-10-08T11:45:00.096Z","article_body":"LAS VEGAS, Oct. 08, 2026 (GLOBE NEWSWIRE) -- VenHub Global, Inc. (NASDAQ:\nVHUB) (“VenHub” or the “Company”), a leader in fully autonomous Smart\nStore technology, today announced plans for the first deployment of its Smart\nStore autonomous retail platform at Penn Lofts, a new 59-unit multifamily\ndevelopment in Bend, Oregon.\n\nThe deployment represents an important expansion of the VenHub Smart Store\nplatform into the multifamily residential market, where the Company is seeing\ngrowing demand from developers and property owners seeking new ways to enhance\nthe resident experience and differentiate their communities. By bringing\nconvenient access to everyday products and essentials directly to where people\nlive, VenHub aims to create value for both residents and multifamily owners.\n\nFor residents, a VenHub Smart Store offers the convenience of on-site shopping\nwithout a separate trip to a traditional store. For developers, owners and\nproperty managers, it provides a distinctive amenity that can strengthen a\nproperty’s appeal, support resident satisfaction and retention, and add a\ntangible point of differentiation to leasing and marketing efforts. As a\nhighly visible feature within a community, a VenHub Smart Store can also help\nowners showcase their investment in convenience, technology and the resident\nexperience.\n\nVenHub has worked closely with the developer to integrate the VenHub Smart\nStore directly into the design and plans for the new community. Rather than\nbeing added to the property as an afterthought, the VenHub Smart Store is\nbeing incorporated as a core resident amenity, allowing it to fit seamlessly\nwithin the development while providing convenient access to everyday products\nand essentials.\n\nThe deployment also demonstrates the flexibility of VenHub’s autonomous\nretail platform across residential properties of varying sizes. VenHub can\noffer various configurations of its Smart Store format including smaller-sized\nformats that are well suited to serve communities such as this 59-unit\ndevelopment and full-size stores capable of serving a greater number of\nresidents and a broader range of products.\n\nVenHub expects the multifamily residential sector will serve as a significant\nlong-term growth opportunity and intends to make autonomous retail a valuable\namenity for apartment communities, deploying VenHub Smart Stores based on the\nsize, density and needs of each community. This first deployment at Penn Lofts\ncan serve as a test case for future deployments in other multifamily\ndevelopments as the Company addresses this attractive market opportunity.\n\n“Multifamily residential communities represent a significant growth\nopportunity for VenHub, and we are seeing increasing demand from developers\nand property owners who recognize the value of bringing autonomous retail\ndirectly into their communities,” said Shahan Ohanessian, Founder and CEO of\nVenHub. “Residents increasingly expect convenience to be built into where\nthey live. Our flexible platform helps owners meet that expectation with a\ndistinctive, highly visible amenity that adds value for residents and helps\nproperties stand out – from smaller communities to larger multifamily\ndevelopments. Penn Lofts is an ideal first deployment to demonstrate how our\ntechnology can be thoughtfully integrated into a community from the\nbeginning.”\n\nPenn Lofts is being developed as a modern residential community in Bend,\nOregon. The development team worked with VenHub during the planning process to\nidentify a location and configuration that makes the store a natural part of\nthe property and easily accessible to residents.\n\nVenHub plans to build on the Penn Lofts deployment as it expands into the\nmultifamily sector. The Company believes its autonomous retail platform can\nprovide developers, apartment owners and property managers with a new type of\nresident amenity while creating a significant new deployment channel for\nVenHub.\n\nThe company is actively evaluating additional multifamily opportunities and\nexpects to provide updates regarding additional properties and deployments as\nits multifamily strategy develops. Developers, apartment owners and property\nmanagers interested in collaborating with VenHub should contact the Company at\nhello@venhub.com or visit\nhttps://www.venhub.com/partners-and-opportunities/become-a-smart-store-owner. \n\nAbout VenHub\nVenHub Global, Inc. (NASDAQ: VHUB) is focused on fully autonomous Smart Store\ntechnology. The Company develops automated retail solutions intended to enable\nconvenient, unattended retail experiences across a range of locations and\ncustomer environments. VenHub’s Smart Store platform is designed to support\nscalable deployment, 24/7 product availability, and retail access in locations\nwhere a traditional staffed store may not be feasible. For more information,\nvisit www.venhub.com.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\napplicable federal securities laws. Forward-looking statements include, but\nare not limited to, statements regarding the planned deployment of a VenHub\nSmart Store at Penn Lofts in Bend, Oregon; the integration of the Smart Store\ninto the development’s design and resident amenities; the anticipated\nfunctionality, accessibility, convenience, product availability and other\nbenefits of the store; the suitability of different Smart Store configurations\nfor residential communities of varying sizes and densities; the potential for\nthe Penn Lofts deployment to serve as a test case for future multifamily\ndeployments; the size and potential of the multifamily residential market as a\nlong-term growth opportunity and new deployment channel for VenHub; and the\nCompany’s plans to evaluate additional properties, expand deployments and\nprovide future updates.\n\nWords such as “anticipate,” “believe,” “can,” “could,”\n“designed,” “expect,” “intend,” “may,” “opportunity,”\n“plan,” “potential,” “should,” “will,” and similar expressions\nare intended to identify forward-looking statements, although not all\nforward-looking statements contain these words. These statements are based on\nthe Company’s current expectations, assumptions and information available as\nof the date of this release and are subject to risks, uncertainties and other\nfactors that could cause actual results to differ materially from those\nexpressed or implied.\n\nSuch factors include, but are not limited to: changes in the construction\nschedule, design, completion or occupancy of Penn Lofts; the ability of VenHub\nand the developer to finalize and execute installation and operating\narrangements; site readiness, space constraints, utility and connectivity\nrequirements, and necessary permits and approvals; the availability and timely\ndelivery of equipment, components and inventory; the performance, reliability,\nsecurity and maintenance of the Smart Store technology; the ability to\nestablish suitable product assortments and effective replenishment and service\narrangements; resident adoption, purchasing activity and demand; acceptance of\nautonomous retail amenities by developers, property owners and property\nmanagers; the costs and economic viability of individual deployments; the\navailability of financing and other resources to support deployment and\nexpansion; competition and general economic and real estate market conditions;\napplicable regulatory and contractual requirements; and other risks and\nuncertainties described in VenHub’s filings with the U.S. Securities and\nExchange Commission.\n\nForward-looking statements speak only as of the date of this release. VenHub\nundertakes no obligation to publicly update or revise any forward-looking\nstatement, whether as a result of new information, future events or otherwise,\nexcept as required by applicable law.\n\nMedia and investor contacts\n\nVenHub Global, Inc.\nAlyssa Barry\nDirector of Investor Relations and Public Relations\nAlyssa@VenHub.com\n\nRichard Land\nAlliance Advisors\nvhub@allianceadvisors.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d690c88d-a706-4af4-92d0-30df57c4e2a0)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9LQz1H-20261008","title":"VenHub to Expand Smart Store Deployments Into Multifamily Residential Market; First VenHub Autonomous Retail Store Will Be at Penn Lofts in Bend, Oregon","author":"Globe Newswire","ticker":"VHUB","created":"2026-10-08T11:45:00.096Z","tickers":["VHUB"],"exchange":"NASDAQ","article_body":"LAS VEGAS, Oct. 08, 2026 (GLOBE NEWSWIRE) -- VenHub Global, Inc. (NASDAQ:\nVHUB) (“VenHub” or the “Company”), a leader in fully autonomous Smart\nStore technology, today announced plans for the first deployment of its Smart\nStore autonomous retail platform at Penn Lofts, a new 59-unit multifamily\ndevelopment in Bend, Oregon.\n\nThe deployment represents an important expansion of the VenHub Smart Store\nplatform into the multifamily residential market, where the Company is seeing\ngrowing demand from developers and property owners seeking new ways to enhance\nthe resident experience and differentiate their communities. By bringing\nconvenient access to everyday products and essentials directly to where people\nlive, VenHub aims to create value for both residents and multifamily owners.\n\nFor residents, a VenHub Smart Store offers the convenience of on-site shopping\nwithout a separate trip to a traditional store. For developers, owners and\nproperty managers, it provides a distinctive amenity that can strengthen a\nproperty’s appeal, support resident satisfaction and retention, and add a\ntangible point of differentiation to leasing and marketing efforts. As a\nhighly visible feature within a community, a VenHub Smart Store can also help\nowners showcase their investment in convenience, technology and the resident\nexperience.\n\nVenHub has worked closely with the developer to integrate the VenHub Smart\nStore directly into the design and plans for the new community. Rather than\nbeing added to the property as an afterthought, the VenHub Smart Store is\nbeing incorporated as a core resident amenity, allowing it to fit seamlessly\nwithin the development while providing convenient access to everyday products\nand essentials.\n\nThe deployment also demonstrates the flexibility of VenHub’s autonomous\nretail platform across residential properties of varying sizes. VenHub can\noffer various configurations of its Smart Store format including smaller-sized\nformats that are well suited to serve communities such as this 59-unit\ndevelopment and full-size stores capable of serving a greater number of\nresidents and a broader range of products.\n\nVenHub expects the multifamily residential sector will serve as a significant\nlong-term growth opportunity and intends to make autonomous retail a valuable\namenity for apartment communities, deploying VenHub Smart Stores based on the\nsize, density and needs of each community. This first deployment at Penn Lofts\ncan serve as a test case for future deployments in other multifamily\ndevelopments as the Company addresses this attractive market opportunity.\n\n“Multifamily residential communities represent a significant growth\nopportunity for VenHub, and we are seeing increasing demand from developers\nand property owners who recognize the value of bringing autonomous retail\ndirectly into their communities,” said Shahan Ohanessian, Founder and CEO of\nVenHub. “Residents increasingly expect convenience to be built into where\nthey live. Our flexible platform helps owners meet that expectation with a\ndistinctive, highly visible amenity that adds value for residents and helps\nproperties stand out – from smaller communities to larger multifamily\ndevelopments. Penn Lofts is an ideal first deployment to demonstrate how our\ntechnology can be thoughtfully integrated into a community from the\nbeginning.”\n\nPenn Lofts is being developed as a modern residential community in Bend,\nOregon. The development team worked with VenHub during the planning process to\nidentify a location and configuration that makes the store a natural part of\nthe property and easily accessible to residents.\n\nVenHub plans to build on the Penn Lofts deployment as it expands into the\nmultifamily sector. The Company believes its autonomous retail platform can\nprovide developers, apartment owners and property managers with a new type of\nresident amenity while creating a significant new deployment channel for\nVenHub.\n\nThe company is actively evaluating additional multifamily opportunities and\nexpects to provide updates regarding additional properties and deployments as\nits multifamily strategy develops. Developers, apartment owners and property\nmanagers interested in collaborating with VenHub should contact the Company at\nhello@venhub.com or visit\nhttps://www.venhub.com/partners-and-opportunities/become-a-smart-store-owner. \n\nAbout VenHub\nVenHub Global, Inc. (NASDAQ: VHUB) is focused on fully autonomous Smart Store\ntechnology. The Company develops automated retail solutions intended to enable\nconvenient, unattended retail experiences across a range of locations and\ncustomer environments. VenHub’s Smart Store platform is designed to support\nscalable deployment, 24/7 product availability, and retail access in locations\nwhere a traditional staffed store may not be feasible. For more information,\nvisit www.venhub.com.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\napplicable federal securities laws. Forward-looking statements include, but\nare not limited to, statements regarding the planned deployment of a VenHub\nSmart Store at Penn Lofts in Bend, Oregon; the integration of the Smart Store\ninto the development’s design and resident amenities; the anticipated\nfunctionality, accessibility, convenience, product availability and other\nbenefits of the store; the suitability of different Smart Store configurations\nfor residential communities of varying sizes and densities; the potential for\nthe Penn Lofts deployment to serve as a test case for future multifamily\ndeployments; the size and potential of the multifamily residential market as a\nlong-term growth opportunity and new deployment channel for VenHub; and the\nCompany’s plans to evaluate additional properties, expand deployments and\nprovide future updates.\n\nWords such as “anticipate,” “believe,” “can,” “could,”\n“designed,” “expect,” “intend,” “may,” “opportunity,”\n“plan,” “potential,” “should,” “will,” and similar expressions\nare intended to identify forward-looking statements, although not all\nforward-looking statements contain these words. These statements are based on\nthe Company’s current expectations, assumptions and information available as\nof the date of this release and are subject to risks, uncertainties and other\nfactors that could cause actual results to differ materially from those\nexpressed or implied.\n\nSuch factors include, but are not limited to: changes in the construction\nschedule, design, completion or occupancy of Penn Lofts; the ability of VenHub\nand the developer to finalize and execute installation and operating\narrangements; site readiness, space constraints, utility and connectivity\nrequirements, and necessary permits and approvals; the availability and timely\ndelivery of equipment, components and inventory; the performance, reliability,\nsecurity and maintenance of the Smart Store technology; the ability to\nestablish suitable product assortments and effective replenishment and service\narrangements; resident adoption, purchasing activity and demand; acceptance of\nautonomous retail amenities by developers, property owners and property\nmanagers; the costs and economic viability of individual deployments; the\navailability of financing and other resources to support deployment and\nexpansion; competition and general economic and real estate market conditions;\napplicable regulatory and contractual requirements; and other risks and\nuncertainties described in VenHub’s filings with the U.S. Securities and\nExchange Commission.\n\nForward-looking statements speak only as of the date of this release. VenHub\nundertakes no obligation to publicly update or revise any forward-looking\nstatement, whether as a result of new information, future events or otherwise,\nexcept as required by applicable law.\n\nMedia and investor contacts\n\nVenHub Global, Inc.\nAlyssa Barry\nDirector of Investor Relations and Public Relations\nAlyssa@VenHub.com\n\nRichard Land\nAlliance Advisors\nvhub@allianceadvisors.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d690c88d-a706-4af4-92d0-30df57c4e2a0)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-08T11:45:00.133430426Z","server_sent_at_ms":1791459900133},"received_at":"2026-10-08T11:45:00.187Z","source_url":null},"analysis":{"id":"152562","press_release_id":"164127","analysis_json":{"industry":{"label":"Specialty Retail","sector":"Consumer Discretionary"},"redFlags":["No financial terms or unit economics disclosed; deployment remains subject to construction completion, permits and final operating arrangements per forward-looking statements"],"eventType":"operations_update","narrative":"VenHub announced the first deployment of its autonomous Smart Store platform into the multifamily residential market at Penn Lofts, a new 59-unit development in Bend, Oregon.\n\nThe Smart Store is being integrated into the property design as a core resident amenity rather than an afterthought, and the company positions this site as a test case for future multifamily deployments.\n\nManagement frames multifamily residential as a significant long-term growth channel, though no financial terms, revenue figures or rollout timelines were disclosed.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Early channel-expansion signal for VHUB autonomous retail into multifamily, but a single 59-unit test site with no financials — monitor for follow-on deployments before treating as material."},"keyFigures":{"customDimensions":{"property_units":59}},"quotedText":"Multifamily residential communities represent a significant growth opportunity for VenHub, and we are seeing increasing demand from developers and property owners who recognize the value of bringing autonomous retail directly into their communities","namedEntities":{"people":[{"name":"Shahan Ohanessian","role":"Founder and CEO of VenHub"},{"name":"Alyssa Barry","role":"Director of Investor Relations and Public Relations, VenHub"},{"name":"Richard Land","role":"Investor relations contact, Alliance Advisors"}],"products":["VenHub Smart Store"],"companies":[{"name":"VenHub Global, Inc.","ticker":"VHUB"},{"name":"Penn Lofts","relationship":"deployment site / development partner"},{"name":"Alliance Advisors","relationship":"investor relations firm"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"First deployment of the Smart Store into the multifamily residential market at a 59-unit property — an early-stage channel expansion with no revenue or financial figures disclosed. Promotional in tone; the company itself frames it as a test case."},"tickerRelevance":{"others":[],"primary":"VHUB"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"first-deployment-announcement-no-financials","issuerAuthored":true,"retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"VenHub announced the first deployment of its autonomous Smart Store platform into the multifamily residential market at Penn Lofts, a new 59-unit development in Bend, Oregon.\n\nThe Smart Store is being integrated into the property design as a core resident amenity rather than an afterthought, and the company positions this site as a test case for future multifamily deployments.\n\nManagement frames multifamily residential as a significant long-term growth channel, though no financial terms, revenue figures or rollout timelines were disclosed.","key_figures":{"customDimensions":{"property_units":59}},"named_entities":{"people":[{"name":"Shahan Ohanessian","role":"Founder and CEO of VenHub"},{"name":"Alyssa Barry","role":"Director of Investor Relations and Public Relations, VenHub"},{"name":"Richard Land","role":"Investor relations contact, Alliance Advisors"}],"products":["VenHub Smart Store"],"companies":[{"name":"VenHub Global, Inc.","ticker":"VHUB"},{"name":"Penn Lofts","relationship":"deployment site / development partner"},{"name":"Alliance Advisors","relationship":"investor relations firm"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-08T11:45:08.002Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"first-deployment-announcement-no-financials","issuerAuthored":true,"retailFavoriteBoost":0}},"durationMs":7827,"modelName":"glm-5.3-flashx"}}