"Create a graphic using this specific icon, <https://s.mj.run/baWH3PVUTeA> preserving its original design of three interchanging rings. Modify only the right side of the icon to incorporate the word 'Catalyst' flowing out horizontally in a modern, sleek font that complements the icon. The text should seem like a natural extension of the icon's right edge, transitioning smoothly into the open space. Ensure the final image is formatted in a 16:9 aspect ratio to accommodate the layout of the text extending to the right."