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AmpliTech Group Receives over $9 million for its $4 Unit Subscription Rights Offering
Prism Media Wire· 2026-01-12 13:00
Core Viewpoint - AmpliTech Group, Inc. successfully raised approximately $9 million through its unit subscription rights offering, which consisted of 1,247,086 basic subscriptions and 1,021,118 over-subscriptions, at a price of $4 per unit [2][3]. Financial Summary - The total current assets of AmpliTech Group increased from $18,746,566 to $19,181,043, reflecting a growth of approximately 2.3% [1]. - Total liabilities rose slightly from $6,853,267 to $6,890,390, indicating a marginal increase of about 0.5% [1]. - Stockholders' equity increased from $16,278,998 to $16,664,000, representing a growth of approximately 2.4% [1]. Use of Proceeds - The net proceeds from the unit rights offering will be utilized for scaling domestic manufacturing and operations, advancing R&D and product commercialization, enhancing vertical integration and supply-chain resilience, engaging in strategic partnerships, supporting corporate growth initiatives, and for working capital and general corporate purposes [3]. Share Issuance - Following the issuance of 2,268,204 shares of common stock in the unit rights offering, the total number of shares issued and outstanding will be 22,951,299 [4]. Rights Offering Details - The unit rights offering included one share of common stock and one series A right and one series B right, with each right allowing the purchase of an additional share of common stock [5]. - The subscription price for series A rights is set at $5 per share, with a deadline for delivery of subscription certificates by July 18, 2026 [6]. - The subscription price for series B rights is set at $6 per share, with a deadline for delivery of subscription certificates by November 20, 2026 [7].
BLAQclouds, Inc. Announces Assignment of Corporate CUSIP Identifier for BLAQclouds Property Group, Inc.
Prism Media Wire· 2026-01-09 13:00
Core Viewpoint - BLAQclouds, Inc. has announced the assignment of a Corporate CUSIP Identifier for its spinout, BLAQclouds Property Group, marking a significant step towards establishing it as a standalone public company focused on real estate [3][4][9]. Group 1: Corporate CUSIP Assignment - The Corporate CUSIP Identifier 09341B 104 has been assigned to BLAQclouds Property Group, Inc., facilitating its planned separation from BLAQclouds, Inc. [3][4]. - This assignment is a crucial administrative milestone in the spinout process, allowing BLAQclouds Property Group to focus on income-producing commercial real estate in select U.S. markets [3][4][6]. Group 2: Four Pillars Strategy - The assignment of the Corporate CUSIP supports BLAQclouds' Four Pillars strategy, which aims to guide long-term growth and capital allocation [7][9]. - Following the spinout, BLAQclouds, Inc. will retain a 60% ownership interest in BLAQclouds Property Group, ensuring majority control while enabling the property group to operate independently [7][9]. Group 3: Technology and Infrastructure - BLAQclouds will act as the Chief Technical and Blockchain Architect for BLAQclouds Property Group, providing essential technology and infrastructure for managing its real estate portfolio [8][9]. - The company aims to leverage its blockchain and fintech capabilities to enhance operational efficiency and transparency in the property group's operations [6][8]. Group 4: Next Steps in Spinout Process - With the Corporate CUSIP assigned, BLAQclouds, Inc. plans to advance the remaining steps for the spinout, including regulatory filings and coordination with its transfer agent [10]. - Further updates regarding the timing and shareholder distribution will be communicated as milestones are achieved [11].
SS Innovations Appoints Milan Rao as Global Chief Operating Officer and Chief Financial Officer
Prism Media Wire· 2026-01-08 22:01
Core Insights - SS Innovations International, Inc. has appointed Milan Rao as the Global Chief Operating Officer and Chief Financial Officer to enhance global growth and operational scale in affordable robotic surgery [2][3][5] Company Overview - SS Innovations is focused on developing innovative surgical robotic technologies aimed at making robotic surgery affordable and accessible to a larger global population [2][9] - The company’s product offerings include the proprietary "SSi Mantra" surgical robotic system and the "SSi Mudra" surgical instruments, which support various robotic surgical procedures, including cardiac surgery [9][10] Leadership Appointment - Milan Rao brings over 30 years of executive leadership experience, particularly in technology-enabled transformation and operational efficiency across various industries, including healthcare [4][6] - Rao will succeed Naveen Kumar Amar as CFO, who resigned for personal reasons, and will work closely with the executive leadership team during the transition [3][5] Strategic Goals - The appointment of Milan Rao reflects the company's commitment to attracting top talent to expand the global footprint of its advanced, cost-effective surgical robotic systems [5][6] - Rao is expected to play a crucial role in defining the company's growth strategy and enhancing operational readiness for long-term value creation [6]
AmpliTech Group Appoints Professor Tommaso Melodia To Its Board of Advisors to Support Strategic Growth Across ORAN Architectures and AI-native Wireless Networks
Prism Media Wire· 2026-01-08 13:00
Core Insights - AmpliTech Group has appointed Professor Tommaso Melodia to its Board of Advisors to enhance strategic growth in Open RAN architectures and AI-native wireless networks [1][4] Group 1: Appointment and Expertise - Professor Melodia has over 20 years of experience in wireless communications and next-generation network architectures, currently serving as the William L. Smith Professor of Electrical and Computer Engineering at Northeastern University [2] - He leads significant research in Open RAN architectures, AI-native wireless networks, and 6G technologies, directing one of the nation's top wireless research facilities [2][3] - His extensive network includes leading academic institutions, government research agencies, and industry partners, providing AmpliTech with strategic insights into emerging standards and technology transitions [3] Group 2: Strategic Importance - The addition of Professor Melodia is expected to strengthen AmpliTech's capabilities in expanding into commercial and federal opportunities, particularly in next-generation network development [4] - His expertise in ORAN and AI technology positions AmpliTech to better navigate the evolving ecosystems of 5G and artificial intelligence [4] Group 3: Company Overview - AmpliTech Group, Inc. operates through five divisions and is a leading designer, developer, manufacturer, and distributor of advanced RF microwave components and 5G network solutions [4] - The company serves various global markets, including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, emphasizing its commitment to technology and innovation [4]
Renewal Fuels, Inc. (OTC: RNWF) Releases Independent Harbinger Research Report Evaluating Kepler Fusion's Texatron™ Platform
Prism Media Wire· 2026-01-06 13:23
Core Insights - Renewal Fuels, Inc. has announced the publication of an independent research report by Harbinger Research, which evaluates Kepler Fusion Technologies' Texatron™ platform and its commercialization strategy [2][4][5] Group 1: Company Developments - The independent research coverage is seen as a significant milestone for Kepler, enhancing institutional awareness and third-party validation of its technology and commercial model [5] - Renewal Fuels is completing an independent valuation of Kepler's intellectual property and operating assets to support financial reporting and capital markets initiatives [6] - The company is advancing its corporate transition, including redomiciling from Delaware to Texas and preparing for a name change to American Fusion [9] Group 2: Technology and Market Position - The Harbinger Research report assesses Kepler's fusion architecture, intellectual property, and its Power-as-a-Service commercialization strategy [5] - Kepler's Texatron™ platform is positioned as a modular, aneutronic fusion solution aimed at providing long-duration baseload power across various markets, including data centers and defense [7] - The report distinguishes Kepler's platform from primarily research-oriented fusion programs, emphasizing its focus on infrastructure-grade deployment and recurring revenue generation [5][7] Group 3: Future Initiatives - Looking ahead to Q1 2026, the company plans to continue its audit process and file a Form 10, along with ongoing intellectual property development and patent filings related to Kepler's fusion platform [8] - The company aims to strengthen its regulatory posture and operational readiness through various initiatives, including a website and social media refresh [9]
Easy Environmental Solutions Announces New Distribution Partnership to Expand Access to Terreplenish®
Prism Media Wire· 2026-01-05 13:40
Easy Environmental Solutions Announces New Distribution Partnership to Expand Access to Terreplenish® New partnership accelerates Easy Environmental Solutions’ growth while bringing Terreplenish® regenerative soil technology to nearly 800 retail locations nationwideTakeways:Easy Environmental Solutions expands its national footprint through a new distribution partnership, accelerating access to regenerative soil technologies.Terreplenish® will reach nearly 800 retail locations, supporting growers and land ...
AmpliTech Group Reports Unaudited Record FY2025 Revenue And Reaffirms $50M+ FY2026 Revenue Outlook
Prism Media Wire· 2026-01-05 13:08
Core Insights - AmpliTech Group reported record unaudited revenue of approximately $25 million for fiscal year 2025, representing a 163% year-over-year increase, exceeding analyst expectations and aligning with the company's revenue guidance [1][2] - The company reaffirmed its revenue outlook for fiscal year 2026, projecting at least $50 million, indicating approximately 100% year-over-year growth [1][5] Financial Performance - The total current assets as of May 31, 2024, were approximately $19.18 million, an increase from $18.75 million as of February 29, 2024 [1] - Total liabilities stood at approximately $6.89 million as of May 31, 2024, compared to $6.85 million in the previous period [1] - Stockholders' equity was reported at approximately $16 million as of May 31, 2024, down from $16.28 million as of February 29, 2024 [1] Operational Developments - Fiscal year 2025 marked the strongest annual revenue performance in the company's history, driven by increased customer demand and effective execution across its Open RAN and RF product portfolio [2] - The company advanced its ORAN 5G Division into commercial execution, achieving critical milestones necessary for network operators and ecosystem partners [3] - Production shipments under a $100 million letter of intent began in December 2025, with additional shipments under a $40 million LOI expected to resume in early 2026 [4] Market Position and Strategy - AmpliTech is actively participating in ORAN Alliance Plugfests, focusing on network optimization using Artificial Intelligence, which enhances its position in the 5G and AI ecosystem [3] - The company remains committed to disciplined growth and long-term shareholder value creation, supported by a strong backlog and active customer programs [5] - AmpliTech Group operates across five divisions, providing advanced radio frequency microwave components and 5G network solutions to various global markets [6]
BLAQclouds, Inc. Begins Marketing ApolloCASH – A Faster, Cheaper and More Secure Global Remittance Platform Looking To Disrupt The $1.2 Trillion Global Remittance Market
Prism Media Wire· 2026-01-02 13:00
Core Insights - BLAQclouds, Inc. has launched ApolloCASH, a global remittance platform aimed at disrupting the $1.2 trillion remittance market by offering faster, cheaper, and more secure transactions [3][4]. Company Overview - BLAQclouds, Inc. operates in the Web3 infrastructure, fintech, and digital asset sectors, focusing on enhancing global remittance services [3][4]. - The company aims to bridge traditional finance with decentralized ecosystems, simplifying commerce and payments through various blockchain applications [17]. Product Features - ApolloCASH is designed to provide near-instant settlement, significantly lower fees, and enterprise-grade security compared to traditional money transfer providers [3][4]. - The platform utilizes Single-Use Liquidity Pools (SULPs) for each transaction, which reduces operational and counterparty risk by isolating each remittance [7]. - ApolloCASH incorporates Zero-Knowledge Proof (ZKP) technology for transaction verification, ensuring compliance and integrity without exposing personal data [8]. - The core of ApolloCASH is APUSD, a settlement-optimized digital dollar that enhances speed and predictability in remittance execution [9]. - The platform features a customizable global off-ramp integrated with Real-Time Payment (RTP) networks, allowing for same-day or real-time settlements [10]. Market Strategy - BLAQclouds is implementing targeted email marketing campaigns and forming affiliate partnerships with banks in multiple countries, reaching over 9 million international account holders [12]. - A referral rebate program has been introduced, offering customers a 20% rebate on fees generated by referred users, incentivizing community growth [13].
BLAQclouds, Inc. Announces Spinout of BLAQclouds Property Group and Shareholder Distribution Details
Prism Media Wire· 2025-12-31 13:03
Core Viewpoint - BLAQclouds, Inc. is executing a strategic spinout of BLAQclouds Property Group, aimed at unlocking real-asset value and providing shareholders with direct access to income-producing commercial real estate [4][6][11]. Spinout Details - The spinout will allow shareholders to receive shares in BLAQclouds Property Group, with an ex-dividend date set for January 5, 2026, at 4:00 PM Eastern Time [5][13]. - Shareholders will receive one share of BLAQclouds Property Group for every one hundred shares of BLAQclouds, Inc. owned as of the ex-dividend date [13]. Strategic Focus - BLAQclouds Property Group will concentrate on acquiring, owning, and managing brick-and-mortar commercial real estate in high-growth U.S. markets [9]. - The separation of real estate assets from Web3 operations is intended to create clearer investment opportunities for shareholders [6][11]. Ownership and Structure - BLAQclouds will retain a 60% ownership stake in BLAQclouds Property Group, ensuring a continued relationship between the two entities [13]. - BLAQclouds will serve as the Chief Technical and Blockchain Architect for BLAQclouds Property Group, integrating blockchain-based property management systems and other technological solutions [13]. Management and Operations - The spinout allows BLAQclouds Property Group to operate independently while benefiting from BLAQclouds' technology stack [10]. - The structure aims to bridge digital infrastructure with tangible, income-producing real-world assets, enhancing scalability and shareholder focus [11].
Easy Environmental Solutions Announces Availability Of EasyFEN Liquid Microbial Production System
Prism Media Wire· 2025-12-30 13:43
Core Viewpoint - Easy Environmental Solutions has announced the availability of the EasyFEN Liquid Microbial Production System, aimed at enhancing sustainable agriculture and food security while reducing methane emissions [3][4]. Group 1: Product Overview - The EasyFEN system is designed to produce organic microbial soil amendments by extracting juices from local biomass and seeding them with proprietary microbials to create Terreplenish, a 100% organic soil amendment [6]. - Each EasyFEN system can process up to 17,500 tons of green biomass, food waste, and crop residue annually, producing as much as 2.7 million gallons of Terreplenish, sufficient to treat approximately 1.35 million acres (546,000 hectares) of farmland each year [6]. - The technology is patent pending and represents a significant advancement in waste-to-soil technology [3][6]. Group 2: Environmental Impact - By converting food and crop waste instead of allowing it to decompose in fields and landfills, each EasyFEN system can prevent methane emissions equivalent to removing about 30,000 cars from the road annually [9]. - The deployment of EasyFEN systems supports global food security and contributes to the reduction of greenhouse gas emissions [3][11]. Group 3: Global Deployment Strategy - The first EasyFEN system is set to be shipped to East Africa, with additional units planned for Central America, Europe, West Africa, and the United States [4]. - The company emphasizes the importance of locally controlled production systems to address immediate food security needs worldwide [10]. Group 4: Economic and Humanitarian Impact - The EasyFEN system is positioned as a solution to severe food insecurity, aligning the mission to end world hunger with sustainable agricultural practices and economic growth [11]. - The technology is expected to empower countries to produce nutrient-rich fertilizers locally, fostering agricultural independence [10][11].