Targeted Strategies for Today's Evolving Markets

MissionIR Blog

Check out some of our latest original content that was created and distributed as part of our ongoing collaborations with IR firms and other companies.

MissionIRNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update Strategic Focus on Commercial Vehicle Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its continued focus on the commercial vehicle segment with production and deliveries of its Class 1 and Class 3 commercial EVs. According to the announcement, the company is in full commercial production of the Class 1 and Class 3 EV vehicles while subsidiary Bollinger Motors is focused on Class 4–6 vehicles; production of the Class 4 EV is set to begin in the second half of 2024. In addition, Mullen saw positive gross margin per Class 1 and Class 3 vehicles invoiced. The company also noted that it is integrating advance battery solutions and artificial intelligence (“AI”)-driven battery management systems.

“Strategically, in 2022 we understood EV adoption in the commercial sector would occur faster and doubled down on our acquisition efforts with both the majority acquisition of Bollinger Motors and the purchase of Electric Last Mile Solutions assets, which included full ownership of a large automotive manufacturing facility in Mishawaka, Indiana,” said Mullen Automotive CEO and chair David Michery in the press release. “These acquisitions allowed us to scale faster, which is best demonstrated by the launch of commercial vehicle production and customer deliveries in 2023. Mullen’s effort will be matched when Bollinger begins Class 4 production launch, which is planned later in 2024. Our effort on the commercial segment is laser focused, and the opportunity has never been better with increased demand seen across all our commercial vehicle offerings.”

To view the full press release, visit https://ibn.fm/RnBuB

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover; the Mullen-GO Commercial Urban Delivery EV; the Mullen commercial class 1–3 EVs; and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and class 4–6 commercial offerings. In 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive and Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP as well as a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Mullen Automotive Inc. MULN | Leave a comment

Amid Signs of New Real Estate Interest, Diamond Lake Minerals Inc. (DLMI) Builds Case for Fractional Investment Through STOs

  • Some high-profile investors and street-level market watchers are expressing faith that the real estate market is rebounding from last year’s slump, and are loading their money into key properties they believe have serious growth potential
  • Utah-based Diamond Lake Minerals Inc. is creating a “powerful parent umbrella company” that pairs quality real world assets, such as real estate, with a digital “STO” asset, using the pairing as a means of inspiring confidence among those wary of involvement in the digital sector
  • DLMI has teamed with U.S. Securities and Exchange Commission (“SEC”)-registered digital asset exchange INX to offer desired security in terms of real regulation
  • The company envisions a portfolio that spans numerous market sectors such as real estate, wireless technology, and entertainment, providing a vertical integration of subsidiaries that are mutually supportive and of meaningful quality to investors

In San Francisco, the epicenter of last year’s nationwide downturn in the commercial real estate market with a similar slump in housing, real estate agents are seeing signs of new life as open houses draw surging numbers of visitors and stronger YOY sales.

“Open house visitor numbers have surged, new listings coming on market have risen, the pipeline of coming listings is filling up faster than last year, and the number of homes going into contract has begun to climb,” Compass chief market analyst Patrick Carlisle told SFGATE this month (https://ibn.fm/fPoB3). “With dramatic improvements since October in interest rates, stock markets and consumer confidence, both buyers and sellers are re-engaging to a much greater degree, and the velocity of the market is rapidly accelerating.”

A former Warren Buffet apprentice tied to the Toronto-based Reichmann real-estate dynasty is casting high-profile bets on San Francisco’s office buildings, further demonstrating an emerging confidence in the market for 2024 (https://ibn.fm/9UeRP).

Salt Lake City-based Diamond Lake Minerals (OTC: DLMI) CEO Brian J. Esposito is also promoting the evergreen potential of real estate investing — in DLMI’s case, it’s through a strategy of fractional ownership, using security tokens as a confidence-boosting gateway to an asset class many investors would not otherwise be able to access.

“There’s been great wealth created by cryptocurrencies and other types of digital assets that don’t operate in a regulatory environment … but it scares me that there’s so much money out there that is not protected or regulated,” Esposito told Proactive Investors last month (https://ibn.fm/LmEoy). “In a regulated environment, you’d create a giant funnel of liquidity and access to capital that was not able to be accessed before because there was no such thing as blockchain technology.”

Esposito noted that a lot of commercial properties may be overvalued and struggling to gain loans from rebank financing, but may nonetheless have “the ability to earn and create value.” Through regulated security token offerings (“STOs”), the property could be opened up to financing from “millions of people around the world.”

For its security token offerings, DLMI has partnered with U.S. Securities and Exchange (“SEC”)-registered security token exchange INX to provide a strict framework governed by guidelines that U.S. regulators have established.

Diamond Lake currently acquires, creates, and builds value in an industry-agnostic selection of companies that can exist within a variety of sectors, including the musical arts, health care, media, and varied forms of entertainment. Those companies are each imbued with an STO, making it easier for seasoned investors to turn to real world assets, but then explore the attached digital asset realm as well. The growing potential for similar investment in real estate is clear.

“We’re going to create a powerful parent umbrella company that has tremendous assets on its balance sheet as we continue to build and grow. Wonderful subsidiaries that we identify as great targets for our shareholders,” Esposito told financial media outlet Benzinga in December (https://ibn.fm/JtX7N).

For more information, visit the company’s website at www.DiamondLakeMinerals.com or LinkedIn page at www.LinkedIn.com/company/Diamond-Lake-Minerals/.

In addition, for information on the company’s security token SEC regulated exchange partner INX, and the development of the INX Way, visit https://www.inx.co/inx-ebook/. This free security token bible, written with the SEC on the rollout of security tokens and the future of digital assets, will greatly deepen your understanding of security tokens.

NOTE TO INVESTORS: The latest news and updates relating to DLMI are available in the company’s newsroom at https://ibn.fm/DLMI

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Diamond Lake Minerals Inc. DLMI | Leave a comment

MissionIRNewsBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters Exclusive Distributor Agreement, Receives ‘Significant’ PO

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has entered into a “groundbreaking” partnership with Nautical Ventures Marine Group. According to the announcement, partnership includes an initial purchase order (“PO”) for 50 of VMAR’s innovative rotomolded, recyclable boat, known as the Phantom. In addition, the agreement establishes an exclusive distributorship arrangement between the two companies, identifying Nautical Ventures Marine Group, a premier provider of maritime products and services, as the sole distributor of the Phantom in the growing South Florida market. The company observed that the Phantom has already established a reputation for its sustainable design and ecofriendly footprint, being constructed from fully recyclable materials; delivery of the 50 units of the Phantom will made over the next four months. “Vision Marine Technologies is excited to partner with Nautical Ventures Marine Group, a company that shares our commitment to innovation, quality, and environmental stewardship,” said Vision Marine Technologies CEO Alex Mongeon in the press release. “This partnership and the initial order of 50 units are a testament to the Phantom’s unique value proposition and our shared vision for a greener future in maritime recreation.”

Vision Marine also noted that it has received notification that the company is not in compliance with NASDAQ’s minimum bid price requirement. The company has been granted a compliance period of 180 calendar days to regain compliance with the requirement.

To view the full press release, visit https://ibn.fm/ttObd

About Vision Marine Technologies Inc.

Vision Marine Technologies epitomizes the marine industry’s shift toward electric propulsion, offering the pioneering E-Motion(TM) outboard powertrain system. This innovative technology represents a significant leap forward in marine propulsion, combining advanced battery packs, inverters and high-efficiency motors with proprietary software and assembly techniques. Vision Marine’s commitment to ecofriendly electric powerboats is reshaping the recreational boating experience, offering higher speeds, longer ranges and smoother rides than traditional internal combustion engine boats. With a focus on design, innovation and craftsmanship, Vision Marine continues to redefine recreational boating for a more sustainable future. For more information about the company, please visit www.VisionMarineTechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at http://ibn.fm/VMAR

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Vision Marine Technologies Inc. VMAR | Leave a comment

SenesTech Inc. (NASDAQ: SNES) Continues to Increase Rat Birth Control Product Distribution Through Agreement with Poppe Enterprises

  • Arizona-based SenesTech has developed a portfolio of rodent birth control products as a very effective alternative to deadly poisons often used to control rat populations
  • SenesTech’s most recent product rollout is a soft bait formulation of its Birth Control for Rats(TM) branded Evolve(TM), in response to pest management businesses that prefer solid baits to SenesTech’s initial liquid products
  • The company recently announced a partner agreement with grain management market distributor Poppe Enterprises to stock Evolve(TM) at outlets in states from North Dakota to Kansas and Colorado, following on the heels of a similar agricultural distribution agreement with a global irrigation solutions company

From New Orleans (https://ibn.fm/MyxuC) to Michigan (https://ibn.fm/nBfPB), eastward to Massachusetts (https://ibn.fm/1sMU1), and across the Atlantic to Europe (https://ibn.fm/6lMiL), concerns about confronting rats in the world’s cities continue to occupy news reports. But rats cause even more damage in agriculture.

Rodent pest control enterprise SenesTech (NASDAQ: SNES) is based in Arizona has begun to establish a global reach for its innovative Birth Control for Rats(TM) products, and the company is expanding its operations within agricultural sectors where rodent predation may otherwise have costly effects on food markets.

On Jan. 29, SenesTech announced the signing of a distribution agreement with Poppe Enterprises LLC for the grain management market. Poppe Enterprises will be a stocking distributor for SenesTech’s Evolve(TM) soft bait in the outlets it serves in Nebraska, South Dakota, North Dakota, Kansas, Wyoming, Iowa, and Colorado, according to the announcement.

“We are partnering with a leader and innovator in grain management and pest control,” SenesTech President and CEO Joel Fruendt stated (https://ibn.fm/K4hrs). “Poppe Enterprises has a keen focus on innovation, safety, and sustainability, and a strong reputation in this substantial market. Their presence and market knowledge will mean immediate penetration of the Evolve product.”

SenesTech’s Evolve(TM) soft bait delivers a cottonseed oil formulation that inhibits fertility in both male and female rats, using a highly palatable and effective alternative to deadly poisons. While Evolve(TM) can also work in concert with poisons to stop rodents from breeding and then to eliminate the rodents altogether, poisons can’t be broadcast in agricultural settings and the use of traps has limited effectiveness.

SenesTech’s agreement with Poppe Enterprises follows close on the heels of its agreement with a global sustainable irrigation solutions company to introduce Evolve(TM) to a California dairy and almond growing customer, with an eventual expansion goal to other customers around the world (https://ibn.fm/RMAhh).

Evolve(TM) is the latest entry into SenesTech’s portfolio of rat fertility control products. The company’s liquid bait formulation ContraPest(R) was the first rat contraceptive registered with the U.S. Environmental Protection Agency (“EPA”) that affects both male and female rats, and the company remains unchallenged in that regard.

The introduction of Evolve(TM) in October marked a new era for the company in response to pest management businesses that prefer solid baits they’re already equipped to use, as opposed to liquid formulations that are used far less often.

Market analysts at Straits Research valued the global rodent control market size at $2.86 billion in 2022 with an anticipated CAGR of 6.19 percent between 2023 and 2031, when it is expected to reach $4.9 billion (https://ibn.fm/3tkW2). MarketsandMarkets analysts valued their estimates at $5.4 billion in 2022, with an expected CAGR of 5.8 percent through 2027 lifting the market to a $7.1 billion valuation by that year (https://ibn.fm/39cX6).

For more information, visit the company’s website at www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in SenesTech Inc. SNES | Leave a comment

SuperCom Ltd. (NASDAQ: SPCB) Closes Second North America Contract for 2024

  • SuperCom, a global leading provider of digital identity and electronic monitoring (“EM”) solutions, has announced a new contract with an established California services provider in the judicial sector
  • This marks the second closed contract in 2024, a milestone that Ordan Trabelsi, President and CEO of SuperCom, has attributed mainly to the company’s introduction of its PureOne technology
  • According to Mr. Trabelsi, this milestone showcases SuperCom’s ability to compete in the market successfully and its commitment to innovation and customer satisfaction

SuperCom (NASDAQ: SPCB), a leading global provider of digital identity and EM solutions, offering advanced identification and security products to governments, has announced a new contract with an established California services provider in the judicial sector. This marks the second closed contract for the 2024 calendar year. “We are pleased to announce a second new contract in North America since the start of 2024, reflecting momentum and reputation in the industry,” noted Ordan Trabelsi, SuperCom’s President and CEO. “This collaboration showcases not only our ability to compete in the market successfully but also our commitment to innovation and customer satisfaction,” he added (https://ibn.fm/C3B44).

The partnership with a new client showcases SuperCom’s capability to establish important new connections in the US. The flexible contract structure opens significant scaling and long-term partnership possibilities, underscoring SuperCom’s robust and versatile business approach.

In January, SuperCom closed a new contract with a renowned Canadian industry partner in the tracking solutions sector. The Canadian win was the first contract of 2024 and an important new project with an existing client. It represented a new chapter in SuperCom’s long-standing collaboration with this partner, transitioning from successful collaboration for providing RF-based tracking technology to embracing new GPS technologies (https://ibn.fm/MLpvy). Most notably, this was made possible by SuperCom’s introduction of its PureOne solution, a new offering that Trabelsi also attributed to securing the second California contract. “Introducing our PureOne solution was a game-changer in securing this contract,” he noted. “It underscores our competitive edge and commitment to providing innovative and superior technology solutions,” he added.

The latest partnership with the new customer in California aligns with SuperCom’s vision of expanding its footprint in the US market while demonstrating its competitive edge in delivering superior technology solutions. “By securing this contract and displacing an incumbent competitor, we further reinforce our position as a market leader. We view our recent wins as indicators of our growing influence and expansion potential in North America and worldwide,” noted Mr. Trabelsi.

SuperCom sees these recent wins as indicators of the company’s growing influence and expansion potential in North America and worldwide.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in SuperCom Ltd. SPCB | Leave a comment

MissionIRNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Positioning in Dynamic Landscape of AI-Driven Green Energy

Turbo Energy (NASDAQ: TURB) is a European innovator designing, developing and manufacturing photovoltaic energy generation, management and storage equipment. “Boasting cutting-edge products labeled as ‘the market’s most advanced AI-driven energy management system,’ Turbo Energy makes no secret of its ambitious goals. In this dynamic landscape of AI-driven green energy, the company aims to position itself as a key player with a bold mission ‘to protect the world from energy and economic crisis,’” a recent article reads. “Turbo Energy recently released its flagship product, Sunbox, an all-in-one device for residential solar installations powered by AI capable of connecting to everything. Sunbox’s software analyzes energy data, optimizes battery usage, reduces bills, and provides peak-use reduction and uninterruptible power supply functions. With the 2023 launch of higher-power models, Turbo Energy plans to expand Sunbox internationally into industrial and commercial markets.”

To view the full article, visit https://ibn.fm/4Q0Ch

TAbout Turbo Energy S.A.

Turbo Energy is a leading photovoltaic energy storage technology company based in Valencia, Spain. The company develops innovative solutions that allow end users to harness the full potential of solar energy and reduce their electricity costs. With a combination of artificial intelligence and advanced technology, Turbo Energy is paving the way toward a more sustainable and energy-efficient future. For more information, visit the company’s website at www.Turbo-E.com.

NOTE TO INVESTORS: The latest news and updates relating to TURB are available in the company’s newsroom at https://ibn.fm/TURB

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Turbo Energy S.A. TURB | Leave a comment

MissionIRNewsBreaks – Correlate Energy Corp. (CIPI) Adding Partners as Companies Prioritize Clean Energy

Correlate Energy (OTCQB: CIPI) has completed one of the largest rooftop solar-power facilities in Illinois. The facility was constructed at the manufacturing plant of Continental Envelope, one of the oldest envelope manufacturers in the country. Continental Envelope is focused on going green and partnered with Correlate Energy to construct the facility, which is now fully operational, along with all engineering, permitting and interconnection work completed. According to the announcement, the new solar-powered facility will supply an estimated 20%–25% of the plant’s overall energy requirements and offset approximately 18,849 tons of carbon dioxide over the next two decades. Correlate also collaborated with EnerSys, a global leader in stored-energy solutions, on a solar-energy installation project totaling 3.8 megawatts. The project, which is located at the Pennsylvania headquarters of EnerSys, is one of the largest behind-the-meter solar installations in the United States.

“Continental Envelope and EnerSys are just two examples of the shift on the part of manufacturers and other businesses away from emission-causing energy sources and toward greener options,” stated the press release. “Solar is a popular choice, providing 30% of the new electricity produced in the U.S. in 2019, according to the U.S. Department of Energy (‘DOE’). That was up from just 4% in 2010. The cost is also coming down, making it an affordable choice for manufacturers and businesses. At last check, installing solar panels cost less than $3 per watt, 65% cheaper than the $8.50 per watt cost a decade ago, the DOE said. As a result of all that, the solar market is projected to reach $373.84 billion by 2029, growing at a CAGR of 6.9% from now through then. . . . Correlate Energy is seeing some of that demand firsthand. In addition to Continental Envelope and EnerSys, it counts American Tire Distributors Holdings Inc. and Kyocera Corp. as customers and has a total pipeline of $512 million. Of that, about $152 million is in immediate and active projects, providing everything from solar panels to microgrids.”

To view the full press release, visit https://ibn.fm/GZlWX

About Correlate Energy Corp.

Correlate Energy, with its focus on commercial, industrial and residential segments, stands out for its holistic approach to energy solutions. The company provides tailored strategies that encompass renewable energy, energy efficiency and utility contract management. The company, with its network of expert partners, executes these strategies, optimizing facility performance and yielding substantial cost savings and profitability. The Harbinger Research report particularly highlights Correlate Energy’s commitment to combining organic growth with strategic acquisitions, enhancing its market position. For more information about the company, please visit www.Correlate.Energy.

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Correlate Infrastructure Partners Inc. CIPI | Leave a comment

MissionIRNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Statistically Significant Results from Independent Analyses of ALS Patient Data

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, today reported new, significant survival results in amyotrophic lateral sclerosis (“ALS”) patients. According to the announcement, the results are from two independent analyses of pooled data from two intermediate-size “Companionate Use” Expanded Access Programs (“EAPs”) supported by the company. The EAPs provided access to treatment with CNM-Au8(R) to 256 participants, all people living with ALS who were generally too advanced in their disease to qualify for clinical trials. According to the announcement, a pooled survival analysis of EAP participants treated with CNM-Au8 30 mg was compared to two independent datasets derived from PRO-Act and the ALS/MND Natural History Consortium. “The results in the EAP participants versus the matched controls demonstrated a significant benefit for each comparison,” the announcement stated. “Analysis including all 256 EAP participants compared to the 220 matched controls also showed statistically significant survival benefits with long-rank p-values of p < 0.0001 and p=0.006 for the PRO-ACT and ALS/MND Natural History Consortium matched controls, respectively.”

To view the full press release, visit https://ibn.fm/js5kR

About Clene Inc.

Clene (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson’s disease and multiple sclerosis. CNM-Au8(R) is an investigational first-in-class therapy that improves central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the NAD pathway while reducing oxidative stress. CNM-Au8(R) is a federally registered trademark of Clene Nanomedicine, Inc. The company is based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland. For more information, please visit www.Clene.com.

NOTE TO INVESTORS: The latest news and updates relating to CLNN are available in the company’s newsroom at https://ibn.fm/CLNN

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Clene Inc. CLNN | Leave a comment

MissionIRNewsBreaks — SenesTech Inc. (NASDAQ: SNES) Reports Q4, FY 2023 Financial Results

SenesTech (NASDAQ: SNES), the rodent-fertility control experts and inventors of the only EPA-registered contraceptive for male and female rats, ContraPest(R), has released its financial results for fiscal year 2023. According to the report, year-to-date 2024 total revenue is up more than 80% compared to YTD 2023 driven by orders for the company’s proprietary Evolve(TM) soft bait. Other highlights from the report show revenue during 2023 increased 17%, reaching $1.2 million compared to $1 million in 2022; gross profit during 2023 was also up, totaling $539,000 compared to $464,000 in 2022, with gross profit margin at 45.2% in 2023 compared to 45.5% in 2022; net loss decreased in 2023, coming in at $7.7 million compared to $9.7 million for 2022; and Adjusted EBITDA loss, which is a non-GAAP measure of operating performance, was $6.9 million for 2023, compared to $8.5 million in 2022, an improvement of $1.5 million.

“During 2023, we executed on a number of key initiatives that will be the foundation to drive growth into the future, most notably was the development of Evolve, our all-new soft bait product that was launched on a limited basis at the end of 2023,” said SenesTech president and CEO Joel Fruendt in the press release. “Since the full launch of Evolve in January 2024, we have seen a significant uptick in interest and orders from a wide range of sales channels and geographies. For instance, we were recently approved as a vendor for a major nationwide hardware retailer; we have signed distribution and stocking agreements for grain-management and open-field agricultural applications; and we have expanded our geographical reach outside the United States, including Hong Kong, Macau, the United Arab Emirates, Singapore, Australia, New Zealand and the Netherlands. It is increasingly clear that Evolve is a game changing product that will be a key driver to our revenue growth in 2024.”

To view the full press release, visit https://ibn.fm/sk8Ye

About SenesTech Inc.

SenesTech is committed to improving the health of the world by humanely managing animal-pest populations through fertility control. SenesTech is an expert in fertility control to manage animal pest populations. The company invented ContraPest, the only U.S. EPA-registered contraceptive for male and female rats, and Evolve, an EPA-designated minimum-risk contraceptive currently offered for rats. ContraPest and Evolve fit seamlessly into all integrated pest-management programs, significantly improving the overall goal of effective pest management. The company strives for clean cities, efficient businesses and happy households by providing a product designed to be humane, effective and sustainable. For more information about the company, please visit www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in SenesTech Inc. SNES | Leave a comment

MissionIRNewsBreaks — Longeveron Inc. (NASDAQ: LGVN) Announces Plans to Release Year-End 2023 Financial Results, Corporate Update

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing regenerative medicines for unmet medical needs, has scheduled a conference call to discuss its financial results for 2023. The company announced that it will release its 2023 financial results after market close on Feb. 27, 2024, and will host a conference call at 5 p.m. ET that same day. During the call, company officials will provide an overview of the financial report as well as a corporate update. Those interested in participating on the call can dial 1-877-407-0789, then use conference ID 13744350.

To view the webcast, visit https://ibn.fm/stZJx

To view the full press release, visit https://ibn.fm/vPIb3

About Longeveron Inc. 

Longeveron is a clinical-stage, biotechnology company developing regenerative medicines to address unmet medical needs. The company’s lead investigational product is Lomecel-B(TM), an allogeneic medicinal signaling cell (“MSC”) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B has multiple potential mechanisms of action encompassing provascular, proregenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently advancing Lomecel-B through clinical trials in three indications: hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease and Aging-Related Frailty. To learn more about the company, visit www.Longeveron.com.

NOTE TO INVESTORS: The latest news and updates relating to LGVN are available in the company’s newsroom at https://ibn.fm/LGVN

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Longeveron Inc. LGVN | Leave a comment