MLLP-VRAIN UPV system for the IWSLT 2026 Simultaneous Speech Translation task The MLLP-VRAIN research group submitted a cascaded system for the IWSLT 2026 Simultaneous Speech Translation task, using Parakeet and Qwen 3.5 models with adaptive policies. Their system achieved a +5.82 XCOMET-XL quality improvement on the MCIF En→De test set compared to last year, and a context track further boosted performance by +1.03. arXiv:2606.17255v1 Announce Type: new Abstract: This work describes the participation of the MLLP-VRAIN research group in the shared task of the IWSLT 2026 Simultaneous Speech Translation track. Our submission utilizes the recently released Parakeet and Qwen 3.5 models to create a robust, cascaded solution for long-form SimulST through the use of adaptive "black-box" policies. We explore relaxations of these policies to achieve better quality-latency trade-offs. Compared to last year, we participate on all language directions. In addition to this, for the En$\rightarrow${De, It, Zh} directions we also participate in this year's new context track employing a combination of ASR word-boosting and a RAG mechanism of offline pre-translated exemplars to guide generation and enrich our system with domain-specific context. Finally, we provide a detailed latency analysis of our system. Compared to last year, results on the MCIF En$\rightarrow$De test set shows a substantial quality improvement of +5.82 XCOMET-XL. Our context track processing further improves performance by +1.03.