Cryogenic Cooling
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Reflect Scientific Secures Over $1 Million in Follow-On Orders for B-90 Blast Freezer
Globenewswire· 2025-09-29 12:00
Core Insights - Reflect Scientific, Inc. has received follow-on orders exceeding $1 million for its B-90 blast freezer, indicating strong customer adoption and momentum for this flagship product [1][3] - The B-90 blast freezer is designed for rapid freezing, emphasizing speed, efficiency, and reliability, particularly for biopharmaceuticals and cold-chain logistics sectors, which are experiencing significant growth [2][3] - The CEO of Reflect Scientific highlighted that securing over $1 million in repeat orders signals the lasting value of the B-90 blast freezer, and the company aims to expand into high-growth markets while enhancing shareholder value [3] Company Overview - Reflect Scientific, Inc. is based in Orem, Utah, and specializes in developing and marketing proprietary cryogenic cooling technologies for various markets, including biotechnology, pharmaceuticals, and transportation [5] - The company's product offerings include low-temperature freezers and refrigerated systems tailored for laboratory, transportation, and computer server room applications [5]
Reflect Scientific, Inc. Announces Strategic Cost-Cutting Initiative to Reduce SG&A Expenses by Up to 35% in 2025
Globenewswire· 2025-05-27 12:00
Core Viewpoint - Reflect Scientific, Inc. is implementing a comprehensive initiative to reduce Selling, General & Administrative (SG&A) expenses by up to 35% in fiscal year 2025 through the integration of artificial intelligence and expanded contract manufacturing relationships [1][3]. Cost Reduction Strategy - The company anticipates annual SG&A savings of up to 35% compared to 2024 levels, with initial benefits expected in the second quarter of 2025 [3]. - The cost-cutting initiative will allow the company to redirect resources toward core research and development activities, improving the bottom line and enhancing customer service through continued innovation [3]. Key Components of the Initiative - **AI Integration**: Implementation of artificial intelligence solutions across multiple business functions, including customer service, inventory management, and administrative processes [7]. - **Expanded Contract Manufacturing**: Strategic partnerships with additional contract manufacturers to optimize production efficiency and reduce overhead costs [7]. - **Operational Streamlining**: Reorganization of internal processes to eliminate redundancies and improve workflow efficiency [7].