00:14:27 EST Tue 24 Feb 2026
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Telescope Innovations Corp
Symbol TELI
Shares Issued 79,697,569
Close 2026-02-23 C$ 0.35
Market Cap C$ 27,894,149
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Telescope installs second self-driving lab at Pfizer

2026-02-23 18:19 ET - News Release

Mr. Henry Dubina reports

TELESCOPE INNOVATIONS INSTALLS SECOND SELF-DRIVING LAB AT PFIZER

Telescope Innovations Corp. has installed its second self-driving laboratory (SDL) at Pfizer, as part of the multiyear agreement between the companies. The installation was completed in January, 2026.

Transaction highlights

The present SDL installation marks a key milestone in the transition from collaborative R&D (research and development) to potential full-scale deployment.

The SDL is designed to significantly reduce development timelines and generate cost savings; it is a leading-edge approach to chemistry research guided by artificial intelligence, informed by advanced process analytical technology and executed by robotic automation.

About the self-driving lab (SDL)

The SDL is a fixed-position physical AI platform that integrates collaborative robotics, real-time inline analytics (process analytical technology or PAT) and machine-learning-guided experimental design within a continuous, autonomous closed-loop workflow. The system sets up chemical reactions, measures kinetics in real time and determines the next optimal experiment, all without researcher intervention, enabling 24/7 operation across multiple reaction vessels simultaneously. By dramatically increasing experimental throughput, the SDL accelerates the development of chemical synthesis methods by up to 100 times compared with traditional manual approaches.

Management commentary

Henry Dubina, chief executive officer of Telescope Innovations, commented: "The installation of our second SDL at one of the world's largest pharmaceutical companies is a testament to the strength of our ongoing partnership with Pfizer. Beyond the potentially significant cost savings during drug development, the SDL aims to compress the development cycles, which could enable the acceleration of new innovations into the market."

Dr. Jason Hein, founder and chief technology officer, added: "With this second SDL deployment, we are pleased to continue demonstrating physical AI at work, moving beyond digital models into the real world of chemistry, where the platform generates novel insights that could not be obtained through simulation alone. The core closed-loop architecture is directly transferable to any domain that requires rapid optimization of chemical or materials processes, from pharmaceutical innovation to advanced manufacturing and beyond."

About Telescope Innovations Corp.

Telescope Innovations is a developer of intelligent automation and advanced chemical manufacturing technologies. The company builds and deploys enabling technologies including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency and data quality. The company's self-driving labs are fully autonomous, physical AI platforms that plan, execute and analyze experiments far more efficiently than traditional manual approaches. Biopharmaceutical, high-value specialty chemical and advanced materials companies utilize Telescope's products and services to accelerate the development and optimization of chemical processes, thereby cutting down time and costs from lab to market.

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