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Doug Barron Clinches Pure Insurance Championship Victory with Newton Golf Shafts at Pebble Beach
Globenewswire· 2025-09-22 15:45
Core Insights - Newton Golf Company celebrates the victory of sponsored athlete Doug Barron at the 2025 Pure Insurance Championship, marking a significant achievement for both the athlete and the brand [1][4]. Company Performance - Doug Barron secured his fourth career PGA TOUR Champions title and his first win of the 2025 season with a final score of 12-under 204, finishing with a 6-under-par 66 [2][3]. - Barron demonstrated exceptional performance, ranking in the Top 10 for driving accuracy at 78.6%, showcasing the effectiveness of Newton Golf's shafts [3]. Brand Impact - The victory at the prestigious $2.4 million Pure Insurance Championship enhances Newton Golf's visibility and reputation on the Tour, as its shafts gain traction among professional golfers [4]. - Greg Campbell, Chairman & CEO of Newton Golf, expressed pride in Barron's win, highlighting the alignment of Barron's resilience and skill with the company's values of precision and performance [3]. Product Innovation - Newton Golf Company is recognized for its innovative approach in the golf technology sector, focusing on physics-based engineering and precision design to improve performance [5]. - The flagship products, Newton Motion and Fast Motion shafts, are designed to provide measurable improvements in stability, control, and consistency for golfers [5].
TruGolf Announces Portable Launch Monitor, LaunchBox, Available Globally on July 1st
Globenewswire· 2025-06-30 12:15
Core Insights - TruGolf Holdings, Inc. is launching its new portable launch monitor, LaunchBox, globally on July 1, 2025, which aims to provide professional-grade accuracy at an accessible price point for golfers worldwide [1][4][8] Product Features - LaunchBox utilizes advanced hyper-speed camera technology to measure over 12 key shot metrics without the need for special balls or calibration, making it user-friendly for various environments [8] - The product is fully integrated with E6 APEX, offering features such as club fitting, access to over 1,500 virtual golf courses, gamified practice challenges, and broadcast-quality commentary powered by IBM watsonx.ai [6][7] Market Positioning - The launch of LaunchBox marks TruGolf's entry into the $300 million portable launch monitor market, targeting millions of home users and driving range regulars [4][5] - Priced at $2,200, LaunchBox is designed to be affordable for everyday golfers while maintaining the accuracy and realism that TruGolf is known for [8] Strategic Partnerships - The product enhances TruGolf's digital ecosystem through subscription-based software and strengthens its partnership with IBM, leveraging IBM watsonx.ai for smarter golf experiences [5]
IBN Announces Latest Episode of The GotStocks Podcast featuring Dr. Greg Campbell, CEO of Newton Golf Company Inc.
GlobeNewswire News Room· 2025-04-22 12:00
Core Insights - The latest episode of The GotStocks Podcast features Dr. Greg Campbell, CEO of Newton Golf Company Inc., highlighting the company's focus on technology-driven golf equipment and its significant growth trajectory [2][3]. Company Overview - Newton Golf Company, previously known as Sacks Parente, emphasizes its identity as a technology company rather than just a golf equipment manufacturer, inspired by the principles of physics [3][6]. - The company aims to enhance player performance through innovative designs that prioritize physics over gimmicks [3]. Financial Performance - Newton Golf achieved an impressive 887% year-over-year revenue growth in 2024, driven primarily by the introduction of the Newton Motion driver shaft [3][4]. - The company targets a gross margin of 80% for 2025, benefiting from economies of scale as production volume increases [4]. Marketing and Expansion Strategy - Newton Golf is implementing an omni-channel marketing strategy, utilizing paid television and social media advertising to build brand awareness and support diverse revenue streams [4]. - The company is focused on promoting the adoption of its products on professional tours such as the PGA and LPGA [4].