Workflow
BranchOut Food (BOF)
icon
Search documents
BranchOut Food Enters the $300 Billion Industrial Food Ingredients Market
Newsfilter· 2024-06-25 12:30
Industrial food ingredients expected to be a valuable additional commercialization channel About IFT Company to build out internal sales and marketing team to pursue new channel BranchOut Food will showcase its products and services at the ITF Annual Expo in July 2024 Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts of future events ...
U.S. Army Selects BranchOut Food Products for Field Test with Aim of Revolutionizing MREs
Prism Media Wire· 2024-06-24 12:02
Core Insights - BranchOut Food Inc. has been selected by the U.S. Army for a field test of its innovative MRE products, specifically the Cinnamon Churro Banana Bites and potentially the Chili Lime Pineapple Chips, utilizing its GentleDry technology [1][3] Company Overview - BranchOut Food Inc. is a pioneering food technology company specializing in dehydrated fruit and vegetable-based products, with a commitment to high-quality, nutritious snacks [3][5] - The company’s GentleDry technology preserves up to 95% of the original nutrition of fresh produce, supported by over 17 patents [5] Product Development and Testing - The U.S. Army's Combat Capabilities Development Command (DEVCOM) has conducted successful shelf-life and sensory tests on BranchOut's products, leading to their selection for further field testing [3][4] - If successful in the field, each selected product could see a volume of approximately 1,500,000 units per year incorporated into MREs, with potential increases if multiple items are selected [3] Strategic Collaboration - The partnership with the U.S. Army aims to enhance the variety and enjoyment of MREs, focusing on delivering functional and appealing nutritional options for soldiers [3]
BranchOut Food Inc. Secures Fourth EnWave Dehydration Machine for New Peru Factory with $40M Production Capacity
Newsfilter· 2024-06-17 12:00
BEND, Ore., June 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced it has signed a purchase agreement for a 10kW Radiant Energy Vacuum (REV) machine, built by EnWave Corporation (TSXV:ENW, FSE: E4U))). The machine will be installed at BranchOut Food's new, large-scale facility in Peru and will be used for R&D, rapid product development and production scale-up in response to new produ ...
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology
prismmediawire.com· 2024-05-28 12:02
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology Live troop field tests mark the final phase in integrating GentleDry technology into military rations BEND, Ore., May 28, 2024 — BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, has completed a successful shelf-life test through a strategic collaboration with the U.S. Army Combat Capabilities Development Command (DEVCOM) t ...
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology
Newsfilter· 2024-05-28 12:00
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology Live troop field tests mark the final phase in integrating GentleDry technology into military rations BEND, Ore., May 28, 2024 — BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, has completed a successful shelf-life test through a strategic collaboration with the U.S. Army Combat Capabilities Development Command (DEVCOM) t ...
BranchOut Food Inc. Secures Third EnWave Dehydration Machine; Announces $40M Production Capacity with New Peru Facility
Newsfilter· 2024-05-24 12:00
BEND, Ore., May 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the expansion of its agreement with EnWave Corporation (TSXV:ENW, FSE: E4U))). As part of this enhanced partnership, BranchOut has purchased its third large-scale EnWave dehydration machine. This addition is strategically aimed at expanding its new facility in Peru, with operations anticipated to commence in Q3, ultima ...
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate
Newsfilter· 2024-05-15 12:00
BEND, Ore., May 15, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the first quarter ended March 31, 2024. The Company reported a 1,407% increase in revenue for the first quarter ending March 31, 2024 of $1.47 million compared to $97,000 in the year ago quarter. Additionally, BranchOut Food achieved a gross margin of 19% in Q1 2024, ...
BranchOut Food (BOF) - 2024 Q1 - Quarterly Report
2024-05-14 13:15
Title or class Shares outstanding as of May 14, 2024 Common Stock, $0.001 par value 4,253,288 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Nevada 81-3980472 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such s ...
BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins
Newsfilter· 2024-05-14 12:00
LIMA, Peru, May 14, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has signed a long term lease for a 50,000 square foot production facility in Peru. Under the terms of the agreement, BranchOut Food has the first right to purchase the facility at a fixed price at any point during the 10- year term. The Company has expanded its operations in Peru and moved to 100% vertical i ...
Why Is BranchOut Food (BOF) Stock Up 84% Today?
InvestorPlace· 2024-04-24 16:38
BranchOut Food (NASDAQ:BOF) stock is taking off on Wednesday after the company announced its third contract with a major retailer in the U.S.According to the company, this deal comes with a commitment of $300,000. That’s enough to push BranchOut Food’s annualized revenue above $8 million. It will also see the company’s frozen fruits come to more than 1,400 stores by September 2024.BranchOut Food doesn’t name the retailer that it has signed these three contracts with. However, the company does claim that its ...