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MDWerks Issues Shareholder Update
Globenewswire· 2025-05-13 21:30
Core Viewpoint - MDWerks, Inc. is focused on sustainable technology and has made significant progress in its business model, particularly with the launch of its "Whiskey-as-a-Service" (WaaS) initiative, which is expected to generate recurring revenue streams and enhance shareholder value [1][2][3][12]. Business Developments - The company successfully launched its WaaS business model, signing contracts for the construction and deployment of proprietary Spirits Rapid Aging Systems (SRAS) [2][3]. - Construction of SRAS units began in March 2025, with completion expected in the third quarter of 2025, leading to new recurring cash flow streams [4]. - MDWerks has entered into an asset purchase agreement to acquire 680 barrels of aged whiskey, which will be matured using its SRAS unit, enhancing its raw material inventory [7]. Strategic Partnerships - A new agreement with an international spirits investment fund grants limited exclusivity for deploying SRAS units in three countries, contingent on the annual deployment of at least one unit in each country [6]. - The company anticipates additional SRAS deployments from both existing customers and new third parties within the next twelve months [5]. Product Launches - The subsidiary, Two Trees Beverage Company, launched a new product line called Uplifting Spirits, with a portion of sales from a limited-edition bourbon whiskey dedicated to Hurricane Helene relief efforts [8]. Operational Updates - The company is nearing completion of a molecular sawdust drying machine for a major lumber mill customer, with deployment expected in the third quarter of 2025 [9]. - David Stephens has been appointed as Chief Financial Officer, bringing nearly two decades of experience in financial reporting and accounting [11]. Financial Outlook - MDWerks expects revenue to trend upward in the second quarter of 2025 and significantly increase in subsequent periods compared to the first quarter [12].
Digital Utilities Ventures Finalizes Full Ownership of Technology Integration Subsidiary
Globenewswire· 2025-04-30 12:30
Core Insights - Digital Utilities Ventures, Inc. (DUTV) has achieved 100% ownership of Easy Energy Systems Technologies, LLC, enhancing its platform unification and long-term value strategy [1][2] - The full ownership aligns DUTV's operational and technology assets, facilitating a transition from development to execution [2][7] - CEO Mark K. Gaalswyk emphasized that this consolidation strengthens the foundation for broader commercial rollout and investor engagement [3][8] Company Overview - DUTV, now operating as Easy Environmental Solutions Inc., focuses on regenerative agriculture and clean water technologies [1][9] - The company aims to provide innovative modular technologies to address significant global challenges, emphasizing sustainability and efficiency [9] Technology and Operations - Easy Energy Systems Technologies serves as the internal technology integration arm, supporting DUTV's modular platforms like Easy NanoVoid™ and Easy FEN™ [2][4] - Key capabilities include smart monitoring, advanced technology for remote operation, and system optimization, which contribute to a scalable, asset-light business model [4][5] - The patented Modular Energy Production Systems (MEPS) convert biomass waste into biofuels and other clean energy solutions, while also enabling CO2 sequestration [5][6] Strategic Moves - The consolidation of Easy Energy Systems Technologies follows DUTV's acquisition of Easy Modular Manufacturing, Inc., simplifying corporate structure and enhancing operational efficiency [7] - These strategic realignments are designed to capture full value from commercial deployments and technology intellectual property [7][8] - The company is positioning itself for global scalability and aligning operations with investor expectations as it prepares for expanded commercial activities [8]
KBR Selected as Key Commercialization Partner for Samsara Eco's First-of-a-Kind Enzymatic Recycling Plant
GlobeNewswire News Room· 2025-04-29 20:30
Core Insights - KBR will support Samsara Eco in designing a pioneering enzymatic recycling plant for plastics and textiles, expected to be completed by early 2028 [1][2] - Samsara Eco's technology aims to create a continuous recycling loop for difficult-to-recycle materials, utilizing proprietary AI and patented enzymes to break down plastics into monomers [2][4] - The project will include a pre-FEED engineering phase by KBR, with plans for a facility capable of processing 20,000 metric tons of nylon 6,6 annually [3][4] Company Overview - KBR is committed to delivering sustainable technology solutions and has a workforce of approximately 38,000 across over 29 countries [6] - Samsara Eco, founded in 2021, focuses on infinite plastic recycling and has raised over AUD $150 million from various investors, including lululemon and Temasek [8] Technological Innovation - Samsara Eco's enzymatic recycling technology has successfully recycled challenging materials like nylon 6,6 and mixed fibers, contributing to a circular economy [2][4] - The company has already collaborated with brands like lululemon to produce products from recycled materials, including the first enzymatically recycled nylon 6,6 product [4][8]