Workflow
Food Technology
icon
Search documents
ReposiTrak Announces Second Patent-Pending Within Its Enterprise Platform for Touchless Traceability™ Technology
Businesswire· 2026-02-12 12:00
SALT LAKE CITY--(BUSINESS WIRE)--ReposiTrak (NYSE: TRAK), the world's largest food traceability and regulatory compliance network, today announced that its Touchless Traceabilityâ"¢ solution is patent pending. The innovation is a core capability of the ReposiTrak Enterprise Platform, enabling automated, end-to- end food traceability without manual case scanning or modifications to existing warehouse management systems (WMS). Touchless Traceabilityâ"¢ addresses a central challenge of FSMA 204 complia. ...
EnWave inks deal with Australia's Bowen Gumlu - ICYMI
Proactiveinvestors NA· 2026-02-07 13:22
Core Viewpoint - EnWave Corp has announced a significant contract with Bowen Gumlu in North Queensland, Australia, which will enhance the adoption of its vacuum microwave drying technology in the processing of fruits and vegetables [1][3]. Group 1: Contract Details - The contract with Bowen Gumlu is the first to be finalized, with expectations for more deals to follow in the coming months [3]. - This agreement allows EnWave to connect with multiple new potential adopters of its technology, particularly in the agricultural sector focused on fresh and frozen products [3][4]. Group 2: Market Potential - The Bowen Gumlu area has an annual farmgate production valued at AU$650 million, primarily involving crops like tomatoes, beans, and corn, which are suitable for EnWave's technology [4]. - The utilization of vacuum microwave technology is expected to enable the production of various snack and ingredient forms, targeting both domestic and export markets, particularly in neighboring Asian countries [4]. Group 3: Equipment and Support - The deal includes the procurement of a ten-kilowatt unit that will be available to Bowen Gumlu's industry association partners for testing and development [5]. - EnWave has established a presence in Australia through a third-party machine reseller, Cytek, which will assist with product and process development, potentially leading to additional large-scale orders [5].
Cannibble Food-Tech Ltd. Appoints Doron Hazan as Director of Robotics and AI Market Development
Globenewswire· 2026-02-03 13:00
ROSH HAAYIN, Israel, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Cannibble Food-Tech Ltd. (CSE: PLCN) (“Cannibble” or the “Company”) today announced that Doron Hazan has joined the Company as Director of Robotics and AI Market Development. In this role, Mr. Hazan will be responsible for leading the development and execution of Cannibble’s domestic market strategy for its robotics and artificial intelligence solutions. His mandate includes supporting revenue growth initiatives, expanding the Company’s market presence, ...
Exceptional demand, while earnings weakened: Report by Munters Group AB
Prnewswire· 2026-01-29 07:58
Core Insights - The company has completed the divestment of its FoodTech Equipment offering, marking a strategic shift towards enhancing its digital focus and recurring revenues [1][12] - The fourth quarter saw an exceptional order intake growth of 191%, particularly in Data Center Technologies (DCT), which experienced a 416% increase in order intake [4][6] - Despite strong demand, profitability was impacted by temporary factors such as lower volumes and tariffs, leading to a decline in the adjusted EBITA margin [5][6] Financial Performance - For the full year 2025, order intake increased by 85%, reaching a record level, with a significant backlog growth of 53% driven by DCT and FoodTech [8] - Net sales for the fourth quarter declined by 8%, influenced by currency effects and a decrease in AirTech, while FoodTech showed growth [6][8] - Earnings per share for the fourth quarter amounted to SEK -0.06, compared to SEK 0.85 in the previous year, indicating a decline in profitability [6] Operational Highlights - The company maintained a strong cash flow from operating activities, largely due to advances from customers in DCT [6][8] - In AirTech, order intake remained stable, but profitability was affected by underutilization and lower volumes due to a weaker battery market [6][7] - The company has implemented cost reduction measures, achieving over MSEK 100 in savings in 2025, with additional savings expected by the end of 2026 [10] Strategic Outlook - The company anticipates historically high turnover for the full year 2026, with stronger contributions expected in the second half driven by increased shipments and improved execution [4][15] - In DCT, customer demand is expected to remain strong, with improvements in margins anticipated as tariff effects ease [14][15] - The company aims to focus on continued growth in DCT, scaling FoodTech's digital platform, and improving margins in AirTech through operational measures [16]
Beyond Oil Strengthens Leadership With Appointments of Giora Bardea and Daniel Birnbaum to Advisory Board
Globenewswire· 2025-12-16 13:00
Core Insights - Beyond Oil Ltd. is transitioning from an early-stage startup to a global commercial growth company, focusing on reducing health risks associated with fried food while enhancing sustainability and operational efficiency [1][3][12] Leadership Appointments - Giora Bardea and Daniel Birnbaum have been appointed to the Advisory Board, bringing extensive experience in the food and beverage industry [1][2][4] - Bardea has over three decades of experience and has been instrumental in shaping Beyond Oil's global strategy and organizational structure [4][5] - Birnbaum is recognized for transforming SodaStream into a global brand and is expected to leverage his expertise in operational scaling for Beyond Oil [7][9] Strategic Transition - The company is moving towards a mature commercial phase with a focus on global sales execution, operational scale, and sustained growth [3][12] - International pilots have been completed, and distributor networks are expanding, indicating rising interest from major quick-service restaurant (QSR) chains [3][12] Advisory Board Role - The Advisory Board will guide the company in go-to-market systems, distributor management, scaling frameworks, operational readiness, and global strategy [10][11] - Regular meetings with senior management will ensure alignment and support for the company's transition to a sales-driven organization [11] Company Mission and Technology - Beyond Oil is dedicated to creating solutions that mitigate health risks, reduce costs for food service companies, and improve sustainability [13] - The company's patented technology significantly reduces harmful compounds in frying oil, addressing critical health concerns associated with reused oil [13]
EnWave to Report Fourth Quarter and Annual 2025 Financial Results on December 15, 2025 and Host Investor Conference Call 
Globenewswire· 2025-12-09 01:30
Core Viewpoint - EnWave Corporation will report its financial results for Q4 2025 and the fiscal year ending September 30, 2025, on December 15, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial statements and Management Discussion and Analysis (MD&A) will be available on SEDAR and the company's website [1] - A conference call is scheduled for December 15, 2025, at 7:00 a.m. Pacific Time to discuss the results and business outlook [2][3] Group 2: Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a proven drying solution for food, pharmaceutical, and cannabis industries [4] - The company has over fifty partners across twenty-four countries, utilizing its technology to create innovative snacks and improve existing products [5] Group 3: Business Strategy - EnWave's strategy focuses on signing royalty-bearing commercial licenses with food producers to enhance drying efficiency compared to traditional methods [6]
EnWave to Report Fourth Quarter and Annual 2025 Financial Results on December 15, 2025 and Host Investor Conference Call
Globenewswire· 2025-12-09 01:30
Core Viewpoint - EnWave Corporation will report its financial results for Q4 2025 and the year ended September 30, 2025, on December 15, 2025, before market opens [1] Financial Results Announcement - The financial statements and Management Discussion and Analysis (MD&A) will be available on SEDAR and the company's website [1] - A conference call is scheduled for December 15, 2025, at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time) to discuss the results and business outlook [2][3] Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and patented Radiant Energy Vacuum (REV™) technology [4] - The company provides a scalable drying solution that outperforms traditional methods in efficiency, capacity, product quality, and cost [4] Partnerships and Market Reach - EnWave has over fifty partners across twenty-four countries and five continents, enabling the creation of innovative snacks and ingredients [5] - The company's technology helps partners improve product quality, consistency, and market speed [5] Strategic Focus - EnWave aims to sign royalty-bearing commercial licenses with food producers to enhance drying processes compared to freeze drying, rack drying, and air drying [6] - Benefits include faster moisture level achievement, improved product taste, texture, color, and nutritional value [6]
GreetEat Corporation (OTC: GEAT) Highlighted in Forbes - “Can You Share Meals Over Zoom? One Startup Thinks So”
Globenewswire· 2025-12-03 14:37
Core Insights - GreetEat Corporation is a platform that combines video conferencing with food delivery to enhance remote dining experiences, recently featured in Forbes [1][2] - The company's mission is to bridge emotional and cultural gaps in remote meetings by facilitating shared meals through food vouchers and synchronized video calls [2][4] Company Overview - GreetEat Corporation (OTC: GEAT) aims to create meaningful connections through virtual dining, catering to various occasions such as business meetings and personal gatherings [4] - The company also owns WallStreetStats.io, a fintech app that utilizes AI and machine learning for real-time market analysis [4] Market Positioning - GreetEat is strategically positioned at the intersection of two high-growth markets: food delivery and video conferencing, capitalizing on the ongoing trend of remote and hybrid work [6] - The meal-voucher model has shown to increase attendance, engagement, and satisfaction among users, indicating its effectiveness [6] Investor Appeal - The platform's potential for enterprise applications makes it attractive for corporate HR departments and remote-first companies, providing scalable monetization opportunities [6] - Media coverage from Forbes enhances GreetEat's visibility among strategic partners and institutional investors, elevating its brand profile [6]
Beyond Oil to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor Conference in New York City
Globenewswire· 2025-12-02 13:30
Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability [5] - The company has over 15 years of experience in creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies [5] - Beyond Oil's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [5] Health and Environmental Impact - The company's solution addresses the widespread practice of reusing frying oil, which is common in various food service settings, including restaurants, hotels, and institutions [5] - Research indicates that reused frying oil is linked to health risks such as cancer and cardiovascular diseases, and Beyond Oil's product aims to mitigate these risks [5] - Additional benefits of Beyond Oil's product include improved food quality, operational cost savings, and reduced environmental impact [5] Upcoming Events - Beyond Oil will present at The Benchmark Company's 14th Annual Discovery One-on-One Investor Conference on December 4, 2025, in New York City [1] - The conference provides a platform for emerging growth companies to engage with institutional and individual investors through one-on-one meetings [2]
Beyond Oil Reports Financial Results for the Third Quarter of 2025
Globenewswire· 2025-12-01 12:30
Core Insights - Beyond Oil Ltd. reported a significant revenue increase of 779%, rising from US$133K in Q3 2024 to US$1.2M in Q3 2025, indicating strong commercial expansion [1][5] - The company achieved a gross profit of US$550K in Q3 2025, with a gross profit margin of 47.1%, up from 39.8% in Q3 2024, reflecting improved cost efficiencies [5] - Beyond Oil's cash position strengthened to US$10.6 million as of September 30, 2025, compared to US$3.6 million at the end of 2024, bolstered by investments and warrant exercises [5] - The company is focused on building long-term partnerships and expanding its distribution network to support future growth [3][6] Financial Highlights - Revenue for Q3 2025 reached US$1.2 million, an increase from US$1.1 million in Q2 2025, showcasing ongoing commercial progress [5] - Operating expenses rose to US$2.4 million in Q3 2025 from US$0.8 million in Q3 2024, driven by strategic investments in marketing and operational capabilities [5] - The net loss improved to US$1.55 million in Q3 2025, down from US$2.7 million in Q3 2024, as finance income offset operational losses [5] Business Developments - Beyond Oil surpassed US$3 million in aggregate revenue, triggering the release of 4,882,101 milestone shares to original shareholders [7] - The company appointed Giora BarDea as VP of Global Strategy to enhance long-term planning and international partnerships [6][10] - A new supplier agreement with Sodexo Israel was established, expanding Beyond Oil's reach in the catering services sector [10]