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SecureTech Directs AI UltraProd’s U.S. Expansion Through High-Growth ADU Market
Globenewswire· 2025-12-11 18:30
Core Insights - SecureTech Innovations, Inc. is launching its AI-driven construction subsidiary, AI UltraProd, in the U.S. market, focusing on the rapidly growing Accessory Dwelling Unit (ADU) sector [1][2] - The ADU market is projected to grow from approximately $19.6 billion in 2025 to over $43 billion by 2034, addressing a significant housing shortage in the U.S. [2] - AI UltraProd's technology, including proprietary materials and a multi-robot matrix, enables efficient construction, capable of printing vertical wall structures for a 2,000 sq. ft. home in days [3] Company Strategy - SecureTech's executive team identified the ADU sector as a scalable entry point for AI UltraProd's technology, allowing for early revenue generation and performance validation [4] - AI UltraProd generated over $3.7 million in revenue during the three months ending September 30, 2025, and is expected to approach eight-figure revenue by the end of 2025 [4] - The company plans to extend its roadmap beyond ADUs to include medical facilities, disaster relief housing, and smart infrastructure [5] Future Initiatives - SecureTech and AI UltraProd are planning a U.S. "Lighthouse Project" to showcase their AI-integrated construction platform in a live environment [5] - Further details on the Lighthouse Project, including deployment locations and strategic partnerships, will be announced [5] - The company encourages stakeholders interested in AI UltraProd's initiatives to reach out for updates [6]
SecureTech Reports Strong Third Quarter 2025 Results
Globenewswire· 2025-11-20 17:53
Core Insights - SecureTech Innovations, Inc. reported a profitable third quarter for 2025, marking a significant milestone in its operational strategy and integration of AI UltraProd [4][9] - The company achieved revenue of $3.7 million, with a gross profit of $1.0 million, resulting in a gross margin of approximately 27% [9] - Net income attributable to shareholders was $490,999, a turnaround from a net loss of $93,708 in the same quarter of the previous year [9] Financial Performance - Revenue for the third quarter was $3.7 million, reflecting the first full quarter of consolidated results from AI UltraProd [9] - Gross profit reached $1.0 million, indicating a gross margin of about 27% [9] - The company reported net income of $490,999, compared to a net loss of $93,708 in the prior year quarter, marking its first profitable fiscal quarter [9] - Earnings per share (EPS) were reported at $0.01 basic [9] - The balance sheet was strengthened with total assets of $15.4 million and stockholders' equity of $10.4 million [9] Strategic Initiatives - The company is focused on executing its roadmap, which includes finalizing the recapitalization of the business, pursuing strategic acquisitions, uplisting to a national exchange, and spinning off Top Kontrol to unlock shareholder value [4] - The uplisting to the OTCQB Venture Market has enhanced visibility and credibility with investors [4] - Management expects continued revenue growth in the fourth quarter of 2025 as AI UltraProd scales production capacity and expands into new markets [5]
SecureTech Further Reduces Outstanding Shares 11.3%
Globenewswire· 2025-11-11 13:30
Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]
SecureTech Announces Uplisting to OTCQB Venture Market
GlobeNewswire News Room· 2025-08-01 12:30
Company Overview - SecureTech Innovations, Inc. is a pioneering technology company focused on advancing artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [6] - The company’s portfolio includes AI UltraProd, Piranha Blockchain, and Top Kontrol, which address various real-world challenges [6] Market Position - SecureTech's common stock has been approved for trading on the OTCQB® Venture Market, marking a significant upgrade from the previous OTCID market [1][2] - The OTCQB is recognized by the U.S. Securities and Exchange Commission (SEC) as an established public market, providing enhanced transparency, improved liquidity, and increased visibility for investors [2] Strategic Goals - The uplisting to the OTCQB is viewed as a major milestone and a validation of the company's commitment to transparency and shareholder value [3] - The company aims for a long-term goal of listing on a national exchange such as the NYSE or NASDAQ, which would enhance capital access and strategic partnerships [3]
SecureTech Announces Major Milestones in Strategic Growth Plan
Globenewswire· 2025-05-20 12:30
Roseville, Minnesota, May 20, 2025 (GLOBE NEWSWIRE) -- SecureTech Innovations, Inc. (OTC: SCTH), an emerging leader in cybersecurity, Web3 solutions, and advanced security technologies, is pleased to share a comprehensive update on its strategic initiatives for 2025. Since joining the SecureTech team in January, President and CEO J. Scott Sitra has focused on advancing the key priorities outlined in SecureTech’s roadmap for innovation and growth. Each achieved strategic milestone increases underlying shareh ...