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Aemetis Biogas Signs $27 Million Agreement with Centuri to Build Gas Cleanup Systems for 15 Dairy Digesters
Prism Media Wire· 2025-05-13 11:58
Core Viewpoint - Aemetis, Inc. has signed a $27 million agreement with Centuri Holdings to construct biogas cleanup systems for 15 dairy digesters, which will enhance the production of renewable natural gas (RNG) from dairy waste [2][3]. Group 1: Agreement and Impact - The agreement with Centuri will facilitate the rapid scaling of dairy digesters, enabling Aemetis Biogas to produce RNG for a total of 50 dairies [3]. - Aemetis Biogas plans to have 16 dairies operational this summer as part of the Central Digester Project near Modesto, California, which includes a biogas pipeline and a production facility delivering RNG into the PG&E utility gas pipeline [3]. Group 2: Strategic Relationship - Aemetis is expanding its strategic relationship with Centuri, which includes plans for construction management and pipe assembly for future energy efficiency and carbon sequestration projects [4]. - Centuri's expertise in utility distribution and renewable natural gas projects aligns well with Aemetis' goals, adding significant value to upcoming projects [5]. Group 3: Renewable Energy Projects - Aemetis aims to generate over 1 million MMBtu of RNG from the 50 dairies involved in the project [6]. - Other projects include a Keyes ethanol plant expected to generate $32 million in annual cash flow starting in 2026, and a carbon sequestration project to inject 1.4 million tons of CO2 per year [6]. - Aemetis is also developing a sustainable aviation fuel and renewable diesel plant, which has received necessary permits and approvals [6]. Group 4: Company Overview - Aemetis is focused on the operation, acquisition, development, and commercialization of technologies that replace petroleum products and reduce greenhouse gas emissions [7]. - The company operates a biogas digester network and pipeline system in California, converting dairy waste gas into RNG, and has ethanol production facilities in both California and India [8].
Aemetis India Plant Visited by U.S. Consul General
Prism Media Wire· 2025-04-23 11:59
Core Insights - Aemetis, Inc. is actively collaborating with the U.S. government to enhance its operations in India, particularly through its subsidiary Universal Biofuels, which operates an 80 million gallon per year biodiesel production facility in Kakinada, Andhra Pradesh [2][3][4] Company Overview - Aemetis is a diversified global renewable natural gas and biofuels company, headquartered in Cupertino, California, focusing on innovative technologies for energy independence and security [7][8] - Universal Biofuels has been operational for over 17 years and is one of the largest biodiesel producers in India, recently increasing its production capacity from 60 million gallons to 80 million gallons [5][6] Industry Context - India aims to increase the biodiesel blend from 1% to 5% as part of its National Policy on Biofuels, which aligns with Aemetis' expansion plans [3][4] - The Indian government is committed to enhancing biofuels production to improve air quality and market agricultural products, addressing significant public health issues caused by diesel engine emissions [4][3] Financial and Operational Highlights - Universal Biofuels completed $112 million in biodiesel and glycerin shipments in the twelve months ending September 2024, with ongoing contracts with government-owned oil marketing companies [6] - The company is preparing for an IPO in India, targeting completion in late 2025 or early 2026, contingent on favorable market conditions [5]
Blackboxstocks Inc. Merger Target REalloys Inc. Acquires Rare Earth Magnet Producer PMT Critical Metals
Prism Media Wire· 2025-04-09 11:59
Core Viewpoint - Blackboxstocks Inc.'s merger target, REalloys Inc., has acquired PMT Critical Metals Inc., enhancing its position in the rare earth magnet production sector, which is crucial for U.S. national defense and industrial applications [2][9]. Company Overview - Blackboxstocks Inc. is a financial technology provider that offers real-time analytics and news for stock and options traders, utilizing predictive technology and artificial intelligence [12]. - REalloys Inc. focuses on the development and production of rare earth elements, with a significant asset in the Hoidas Lake deposit in Saskatchewan, Canada, which contains 2,153,000 metric tonnes of Total Rare Earth Oxides [6][8]. Acquisition Details - REalloys acquired 100% of PMT Critical Metals in a share exchange that represents approximately 14% of REalloys' outstanding common stock, closing the transaction on March 31, 2025 [2]. - The acquisition includes rare earth magnet production equipment, intellectual property, and existing contracts, positioning REalloys as a critical supplier for U.S. Protected Markets [2][7]. Strategic Importance - The facility in Euclid, Ohio, produces rare earth metals and magnet materials for key U.S. government agencies, including the Defense Logistics Agency and the Department of Energy [3][11]. - REalloys aims to secure a reliable North American supply chain for high-performance magnets, which are essential for national defense and various industrial applications [5][10]. Market Context - The acquisition is timely given recent tariffs and export restrictions imposed by China on rare earth elements, highlighting the need for a resilient North American supply chain [5]. - REalloys is targeting sectors such as National Defense Stockpiles, the Defense Industrial Base, and electric aviation, which are increasingly reliant on domestic sources of critical materials [4][10].
BranchOut and MicroDried Partner to Expand Dried Ingredient Market
Prism Media Wire· 2025-03-19 15:30
Core Viewpoint - BranchOut Food Inc. has partnered with MicroDried to enhance the dried ingredient market, leveraging innovative technology and large-scale production capabilities to meet growing demand [2]. Company Overview - BranchOut Food Inc. specializes in next-generation dehydration technology known as GentleDry [2]. - MicroDried is recognized as a leading provider of premium dried fruit and vegetable ingredients [2]. Financial Highlights - For the three months ended May 31, 2024, BranchOut reported net sales of $45.031 million, an increase from $43.603 million in the same period of 2023 [1]. - Gross profit for the same period was $2.454 million, up from $1.777 million year-over-year [1]. - Net income for the three months was $330,837, compared to $53,406 in the previous year [1]. Market Potential - The collaboration is expected to generate $5-6 million in annual ingredient sales, indicating significant growth potential in the dried ingredient market, valued at $36 billion [2]. - The partnership allows MicroDried to expand its product offerings with GentleDry processed ingredients, catering to the demand for high-quality, clean-label solutions in the food and beverage sector [2]. Strategic Implications - The agreement signifies BranchOut's strategic expansion into the industrial ingredient market, complementing its existing retail and private label divisions [2].
AmpliTech Group Announces Pricing of $1.4 Million Registered Direct Offering, Priced At-The-Market
Prism Media Wire· 2024-11-25 13:59
Company Overview - AmpliTech Group, Inc. is a designer, developer, and manufacturer of advanced signal processing components for satellite, Public and Private 5G, and other communications networks, including complete 5G/6G systems [2][6] - The company operates five divisions: AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services [6] Offering Details - The company announced a registered direct offering of 1,603,259 shares of common stock at an offering price of $0.92 per share, resulting in gross proceeds of approximately $1.4 million before expenses [2][3] - The offering is expected to close on or about November 26, 2024, subject to customary closing conditions [3] - Maxim Group LLC is acting as the sole placement agent for the offering [4] Regulatory Information - The securities are being offered under a shelf registration statement on Form S-3, which was declared effective by the SEC on April 24, 2024 [4]
AmpliTech Group's AGMDC Division Moves to Allen Tech Hub in Watters Creek District in Allen, Texas
Prism Media Wire· 2024-08-26 13:30
Core Viewpoint - AmpliTech Group's AGMDC Division has relocated to the Allen Tech Hub in Allen, Texas, marking a significant step in the company's growth strategy and commitment to innovation in technology [1][2][3] Group 1: Relocation Details - The new facility at the Allen Tech Hub is designed to enhance AmpliTech's capabilities in delivering next-generation MMIC and Microwave Technology solutions for Public and Private 5G networks [2][3] - The move reflects the company's dedication to fostering innovation and providing an environment conducive to collaboration and growth [2][3] Group 2: Strategic Importance - The relocation is a testament to AmpliTech's rapid growth and the increasing demand for its innovative products and solutions, particularly in the 5G industry [3] - The new headquarters will support current initiatives and position the company to explore new opportunities and technologies [3] Group 3: Company Overview - AmpliTech Group, Inc. operates five divisions and is a leading designer, developer, manufacturer, and distributor of RF microwave components and 5G network solutions, serving global markets including telecommunications, satellite communications, and defense [4]
SKYX Announces Corporate Update Call
Prism Media Wire· 2024-08-07 12:30
Core Viewpoint - SKYX Technologies is set to host a Corporate Update call on August 12, 2024, to present its second quarter 2024 financial results, highlighting its mission to make homes and buildings smart, safe, and advanced as the new standard [1][2]. Group 1: Corporate Update Call Details - The Corporate Update call will take place on August 12, 2024, at 4:30 PM Eastern Time [1]. - Key participants in the call include Rani Kohen (Founder and Executive Chairman), Steve Schmidt (President), Lenny Sokolow (Co-CEO), and Marc Boisseau (CFO) [1]. - Dial-in information for the call includes a U.S./Canada number (1-877-269-7751) and an international number (1-201-389-0908) [1]. Group 2: Company Overview - SKYX holds over 97 issued and pending patents in the U.S. and globally, focusing on advanced-safe-smart platform technologies [2]. - The company owns more than 60 lighting and home décor websites, targeting both retail and commercial segments [2]. - SKYX emphasizes high quality and ease of use in its products, aiming to enhance safety and lifestyle in homes and buildings [2].
Phytanix Bio Publishes New Investor Deck Highlighting Strategic Vision and Growth Potential
Prism Media Wire· 2024-07-30 13:00
Company Overview - Phytanix Bio is a preclinical stage pharmaceutical company focused on developing therapeutics based on cannabinoid and cannabinoid-like molecules [1][15] - The company was founded by former members of GW Pharmaceuticals, leveraging their extensive experience and intellectual property to create innovative therapies for serious unmet medical needs [15] Strategic Vision and Growth Potential - The newly released investor deck outlines Phytanix Bio's strategic vision, scientific advancements, and growth potential as it progresses towards next-generation cannabinoid medicines [1][10] - The global cannabis pharmaceuticals market was estimated at USD 3.4 billion in 2023 and is projected to grow at a CAGR of 53.3% from 2024 to 2030, indicating significant market opportunities for Phytanix Bio [13] Scientific and Clinical Progress - The investor deck provides detailed updates on the company's preclinical studies, research collaborations, and upcoming clinical milestones [14] - Phytanix Bio is developing lead product candidates aimed at treating treatment-resistant facial seizures and Painful Bladder Syndrome (PBS) [14] Intellectual Property Portfolio - The company holds exclusive intellectual property related to cannabinoid and cannabinoid-like medicines, including patents and proprietary technologies [14] Management Team - The leadership team includes experienced professionals such as CEO Barrett Evans, COO Colin Stott, and Chief Legal Officer Dominic Schiller, all of whom are former key members of GW Pharmaceuticals [14] Business Combination Agreement - Phytanix Bio has entered into a Business Combination Agreement with Chain Bridge I (Nasdaq: CBRG), a blank-check company, to facilitate a merger or similar business combination [3][10]
BLAQclouds, Inc. Engages ZEUS Blockchain Partners
Prism Media Wire· 2024-07-25 14:00
Core Insights - BLAQclouds, Inc. has engaged ZEUS Blockchain Partners to develop and manage the "BLAQ" token, which will operate on both Ethereum and ZEUS blockchains [1][4] - The BLAQ token will have a total supply of 500 million tokens, with a planned price of $0.01 per token and a pre-launch price of $0.005 [1][5] - The BLAQ token will integrate with the DiVinciPay merchant platform, allowing holders to use BLAQ tokens as currency at participating merchants [1] Token Details - The BLAQ token will utilize layered smart contracts for funding liquidity pools on the ZEUS Chain, automating funding and managing distributions via time-locked contracts [5] - The token will operate under the ERC20 and ZRC20 standards, with a contract address of 0x81324d217089CEe039e3b660d9265FfeBBF534cD [1] - There will be no reflections or taxes associated with the BLAQ token, and the Uniswap pool fee is set at 0.03% [1] Company Overview - BLAQclouds, Inc. is a publicly traded company based in Nevada, specializing in artificial intelligence and innovative blockchain technology solutions [6] - The company aims to deliver high-performance, secure, and scalable AI-powered blockchain solutions, focusing on future growth and value addition for shareholders [6] - The company has updated its communication strategy, urging shareholders to disregard past social media posts and to rely on verified channels for information [2]
AmpliTech Group's Division, AmpliTech Inc, Unveils Quantum Computing Cryogenic Power Supplies
Prism Media Wire· 2024-07-25 12:30
Core Insights - AmpliTech Group, Inc. has launched new Cryogenic Power Supplies designed for the quantum computing industry, available in two models with adjustable low-voltage outputs [1][2] - The new products complement the existing line of cryogenic low noise amplifiers, showcasing the company's commitment to innovation in critical industries [2] - AmpliTech Group operates multiple divisions and serves various global markets, including telecommunications, satellite communications, and quantum computing [3] Product Details - The Cryogenic Power Supplies are ergonomic bench-top models ideal for reliability testing, laboratory instrument testing, and cryogenic amplifier testing [1] - The products are available for individual purchase or as a set with AmpliTech's cryogenic amplifiers [1] Company Overview - AmpliTech Group, Inc. consists of five divisions and is a leading designer, developer, manufacturer, and distributor of RF microwave components and 5G network solutions [3] - The company is focused on advancing technology and innovation across various sectors, including space exploration and defense [3]