SAN JOSE, Calif.--(BUSINESS WIRE)--Jun 3, 2026--
US Orange Inc (“Orange”) and Huaxia USA Corp. (“Huaxia”) were formed by Silicon Valley-based veteran inventor Darwin Hu, together with MAS Capital this week, to commercialize AI XR (Extended Reality) Glasses powered by Terahertz (THz)-based 6G technology. Orange has retained Winston Taylor LLP as its SEC counsel and MAS Capital as its exclusive financial advisor in connection with a potential initial public offering. XR is an umbrella term for immersive technologies, including VR (Virtual Reality), AR (Augmented Reality) and MR (Mixed Reality).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603741374/en/
“We are pleased to provide seed and bridge capital to Orange and Huaxia in connection with capital raising activities. With the experience of Winston Taylor and MAS Capital, we look forward to working with Orange on its potential public company aspirations,” said Aaron Tsai, Founder and Chief Capitalist of MAS Capital.
“We are working to develop 200-inch full color, AI XR eyeglasses with estimated weight of less than 35gram and a target retail price of $129. Belon Technology, an integration company in Shenzhen led by Tsinghua University alumni that we plan to work with, has existing AI glasses, using WiFi solution. We plan to introduce AI XR eyeglasses with Huaxia’s ultra high-speed 6G transceiver, which we believe has potential applications in healthcare, manufacturing, education, real estate and entertainment,” said Leif Tang, Co-Founder of Orange and Vice President of MAS Capital in Taipei.
About Darwin Hu
Darwin Hu has over 30 years of experience in business and product development in the technology sector, including work with various technology companies. He has filed numerous patents worldwide in areas including CMOS sensor, high resolution & speed scanner, MFP, LED backlighting, LCoS microdisplay, Meta-surface planar lens, optics and laser projection display. Innovation on LCoS, SLM holographic display, Terahertz (THz) transceiver, laser light and waveguide for light weight and AR/VR smart glasses solution.
About MAS Capital
Since 1995 MAS Capital provides financial advisory services, direct investments and incubations to deep tech companies in North America and Greater China. MAS Capital’s advisory services include pre-IPO capital raise, Nasdaq and HKEX IPO, post-IPO capital raise, M&A and global expansion strategy. MAS Capital is a US investment bank with its Asian affiliate HQ based in Shanghai.
About Winston Taylor
Winston Taylor is a transatlantic law firm built for the businesses, people, and markets driving capital and innovation. The firm is present in the major commercial centers that matter to global clients: the U.S., the U.K., Europe, Latin America, and the Middle East. With a team of over 1,400 lawyers, Winston Taylor brings deep experience in Major Litigation, Critical Transactions, Strategic IP, and Private Wealth; and four focus sectors: Technology, Media & Telecommunications, Life Sciences & Healthcare, Financial Services, and Projects, Energy & Infrastructure. Whatever the challenge, Winston Taylor is in the room with its clients, shoulder to shoulder in the everyday moments, and the ones that change everything.
Please visit winstontaylor.com for additional information about our services, our experience, and the sectors we serve.
Important Notice
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements. Forward-looking statements include, but are not limited to, statements about the Company’s plans, objectives, expectations, and intentions, including with respect to product development, technological capabilities, and potential capital raising activities. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially from those anticipated due to numerous factors, including the risks that the Company may not be able to develop its products as planned, that technologies may not perform as expected, that market conditions may change, and that regulatory approvals may not be obtained. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by law.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offering of securities will be made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Orange AI XR Glasses with 6G Transmission
BEIRUT (AP) — Israel and Lebanon agreed Wednesday to renew their fragile ceasefire and create a number of “pilot” security zones inside Lebanon from which Hezbollah militants would be banned.
In a joint statement released after a fourth round of U.S.-mediated talks at the State Department, the two sides said the ceasefire “is contingent on a complete cessation of Hezbollah fire and the evacuation of all Hezbollah operatives” from areas south of the Litani River. It was not immediately clear how the security zones would be established but the agreement calls for the Lebanese army to take full control of those areas.
“These steps will enable progress towards a comprehensive peace and security agreement,” the statement said. “All countries reaffirmed that the future of the relationship between Israel and Lebanon must be decided by the two sovereign governments. They rejected any attempt, by any state or non-state actor, to hold Lebanon’s future hostage.”
The latter is a reference to Iran, which supports Hezbollah and has insisted that Israeli attacks on Lebanon be halted as part of a tentative agreement with the U.S. to end the conflict with Iran. Hezbollah is not part of the Israel-Lebanon talks.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
BEIRUT (AP) — President Donald Trump acknowledged criticizing Israeli Prime Minister Benjamin Netanyahu as “crazy” in a phone call that involved expletives, saying he was “a little bit perturbed” that Israel’s fighting with Hezbollah militants in Lebanon was holding back peace talks with Iran.
But even as the U.S. president conceded the tensions in an interview released Wednesday, he insisted that his relationship with Netanyahu was solid and that they connected, in part, because they are both “wartime” leaders.
“We’ve worked very well together. I like Bibi a lot. And I work very well with him,” Trump told The New York Post’s “Pod Force One.”
In an interview on the American business-news channel CNBC, Netanyahu responded that he and Trump sometimes have “tactical disagreements” but have “common goals” and “agree on the main things.”
“He respects me. I respect him. We always find a way to work out our differences,” the prime minister said.
The president's comments about the Monday call offered a sign of the growing pressure he faces to resolve the Iran war as higher energy prices and economic uncertainty threaten Republican prospects in the midterm elections and hamper global commerce.
Talks have dragged on for weeks as mediators seek to extend a fragile ceasefire into a more enduring truce. The negotiations are further strained by Israel’s broadening war with the Iranian-backed militia group in Lebanon. The conflicts have become increasingly intertwined as Iran insists that any potential truce in the war there must also quell the fighting in Lebanon.
Trump remained noncommittal about a timeline for settling the Iran conflict, saying the Strait of Hormuz might stay blocked through the Labor Day holiday on Sept. 7. He has insisted that Iran stop any efforts that could lead to a nuclear weapon and that the strait be reopened for shipments of oil and natural gas.
“I don’t know. I mean, I think it could be (closed through Labor Day), but I think it’s unlikely. I think that we’ll have it. I think this will resolve itself fairly quickly,” Trump said.
Iran’s Supreme Leader Mojtaba Khamenei, who succeeded his late father, is “involved” in peace talks, Trump added.
“They have a lot of respect for him,” the president said in the interview.
Trump said that Khamenei is not doing well due to wounds sustained in an airstrike, but “they say he’s giving approval because that’s the way it has been for a long, long time." Khamenei's father was killed in an airstrike when the U.S. and Israel attacked Iran at the end of February.
Meanwhile in the Persian Gulf region, Kuwait briefly shut its main airport Wednesday after Iranian drones hit a passenger terminal building, killing one person and wounding dozens. It was the latest in the back-and-forth attacks by Tehran and Washington that have tested the ceasefire.
The strike again brought home the risks to residents and travelers in Gulf countries that had considered themselves relative safe havens before the war, now in its fourth month.
The path toward a lasting ceasefire between Israel and Hezbollah remained unclear as hostilities continued in Lebanon.
An Israeli strike Wednesday hit a car on a busy highway just south of Beirut, hours before the second day of talks between Lebanon and Israel in Washington were set to take place. The strike in Khaldeh came without warning, and it was not immediately clear if the person targeted was killed.
Israel and Lebanon on Monday reached a U.S.-brokered agreement in which Israel would not strike Beirut's southern suburbs and Hezbollah would end its attacks on northern Israel.
The agreement was made hours after Israel announced that it was going to launch strikes across the sprawling urban neighborhoods near the Lebanese capital in what would have been the most intense strikes since a nominal ceasefire went into effect on April 17.
Lebanon hopes to widen the scope of the ceasefire so it becomes comprehensive across the country. Israel wants to disarm Hezbollah immediately before the Israeli military ends its operations in Lebanon and withdraws its troops from dozens of villages and towns.
Not long after the strike on Khaldeh, the Israeli military said it intercepted what it called a hostile aircraft coming from southern Lebanon, but it did not immediately blame Hezbollah. Hezbollah has not claimed a cross-border attack since the agreement.
Israeli strikes over southern Lebanon continued, especially in and around the battered cities of Tyre and Nabatiyeh. Two overnight strikes near Tyre, a coastal city, killed four Syrians and two Palestinians.
Israel warned the Christian neighborhoods in Tyre that Hezbollah members were among them. Many Lebanese Shiite Muslims fled to those areas in recent days because they were spared from the aerial bombardment along the Mediterranean coast.
After the warning, the Lebanese army deployed to the Christian district of Tyre in an effort to prevent Israeli attacks there and to show that Hezbollah has no armed presence in the area.
Israel launched an invasion of southern Lebanon days after the latest war was sparked on March 2, when Iran-backed Hezbollah fired rockets toward northern Israel in solidarity with Iran. Israeli troops have pushed deeper into Lebanon over the past week, as Hezbollah continues to claim rocket and drone attacks.
The latest round of fighting between Israel and Hezbollah has killed 3,468 people in Lebanon and displaced 1.2 million people. According to Netanyahu’s office, at least 27 Israeli soldiers and a defense contractor have been killed in or near southern Lebanon. Two civilians have also been killed in northern Israel.
Many residents of southern Lebanon remained in villages near the hostilities or returned to areas where strikes occurred after evacuation warnings.
The Al-Abdallah family returned to their home in Marwanieyh, which they left because they thought the village was unsafe following earlier strikes. A day later, two rockets hit the home, bringing down the three-story building and killing six family members, said the brother of Hassan Al-Abdallah, who was killed.
Ahmed Al-Abdallah, 13, was thrown away from the building by the force of the blasts and was the only member of his family to survive. His uncle, Eissa Al-Abdallah, said the boy has two broken legs and shrapnel wounds all over his body.
“What good is talking now? They are gone, and nothing will bring them back,” the uncle told The Associated Press in a phone call Tuesday. “This land costs blood.”
Boak reported from Washington.
This version has been updated to correct that the Iran war began at the end of February, not March.
United States Ambassador to Israel Mike Huckabee, second from left, is joined by third from left: State Department Chief of Staff Dan Holler, Sr., State Department Counselor and Director, Office of Policy Planning Michael A. Needham and United States Ambassador to Lebanon Michel Issa, as they meet with Israeli Ambassador to the United States Yechiel Leiter and Lebanese Ambassador to the United States Nada Hamadeh, at the State Department, Tuesday, June 2, 2026, in Washington. (AP Photo/Rod Lamkey, Jr.)
Israeli troops gather on the border with Lebanon in northern Israel, Tuesday, June 2, 2026. (AP Photo/Ariel Schalit)
A nurse treats an injured man at the damaged Jabal Amel Hospital, following Monday's Israeli airstrike that was hit a nearby building, in the southern port city of Tyre, Lebanon, Tuesday, June 2, 2026. (AP Photo/Mohammed Zaatari)
A man removes debris of a building that was hit Monday in an Israeli airstrike in the southern port city of Tyre, Lebanon, Tuesday, June 2, 2026. (AP Photo/Mohammed Zaatari)
Rescue workers use an excavator, as they search for victims under the rubble of a building that was hit Monday in an Israeli airstrike in the southern port city of Tyre, Lebanon, Tuesday, June 2, 2026. (AP Photo/Mohammed Zaatari)
United States Ambassador to Israel Mike Huckabee, left, is joined by second from left: State Department Chief of Staff Dan Holler, Sr., State Department Counselor and Director, Office of Policy Planning Michael A. Needham and United States Ambassador to Lebanon Michel Issa, as they meet with Israeli Ambassador to the United States Yechiel Leiter and Lebanese Ambassador to the United States Nada Hamadeh, at the State Department, Tuesday, June 2, 2026, in Washington. (AP Photo/Rod Lamkey, Jr.)
Smoke rises from an Israeli airstrike that hit Burj al-Shamali village near the southern port city of Tyre, Lebanon, Tuesday, June 2, 2026. (AP Photo/Mohammed Zaatari)
