Blue star

Blue Star Foods Awarded License Renewal for Soft-Shell Crab Operations in South Carolina

Retrieved on: 
Wednesday, September 6, 2023

Miami, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that its soft-shell crab operations in South Carolina received a license renewal from the South Carolina Department of Natural Resources.

Key Points: 
  • Miami, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that its soft-shell crab operations in South Carolina received a license renewal from the South Carolina Department of Natural Resources.
  • The new license covers Blue Star as a wholesale dealer and wholesale dealer-peeler for crab and runs through June 2024.
  • John Keeler, Chairman and CEO of Blue Star Foods, commented, “Our plans for the next twelve months include the expansion of operations for our crab hibernation facility, processing, cold storage distribution hub, and footprint for soft-shell crabs in South Carolina.
  • This proprietary technology and process enables us to utilize high performing blue crab strains.

Welldoc Receives 11th 510(k) Clearance from FDA for Award-Winning Diabetes Platform BlueStar®

Retrieved on: 
Wednesday, August 23, 2023

This clearance immediately follows Welldoc’s 10th 510(k) clearance announcement earlier this month, solidifying the company’s continued leadership in chronic care innovation.

Key Points: 
  • This clearance immediately follows Welldoc’s 10th 510(k) clearance announcement earlier this month, solidifying the company’s continued leadership in chronic care innovation.
  • This feature enhances BlueStar’s existing digital coaching capabilities, which guide dietary and lifestyle decisions and assist individuals in self-managing their diabetes.
  • Welldoc is the first company to receive clearance for a CGM-informed bolus calculator specifically designed for adults who manage their diabetes with multiple daily injections of insulin.
  • “This 11th 510(k) clearance is a remarkable achievement for Welldoc and demonstrates our steadfast commitment to transforming chronic care.

Blue Star Foods Reports $3.5 Million Revenue for First Half 2023 Ended June 30, 2023

Retrieved on: 
Tuesday, August 22, 2023

Miami, FL, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (“ESG”) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (“RAS”), announced unaudited financial and operational results for the three and six months ended June 30, 2023.

Key Points: 
  • We look forward to the remainder of 2023 and look forward to providing updates on our progress.”
    Financial Results for the Three Months Ended June 30, 2023
    Revenue for the three months ended June 30, 2023, decreased by $1.3 million, or 44%, to $1.7 million compared to $3.0 million for the three months ended June 30, 2022.
  • Gross profit for the three months ended June 30, 2023, decreased by $0.3 million, or 76%, to $0.1 million compared to $0.3 million for the three months ended June 30, 2022.
  • Financial Results for the Six Months Ended June 30, 2023
    Revenue for the six months ended June 30, 2023, decreased by $4.7 million, or 57%, to $3.6 million compared to $8.3 million for the six months ended June 30, 2022.
  • Adjusted EBITDA loss for the six months ended June 30, 2023, decreased by $0.8 million, or 62% to $0.5 million, compared to $1.3 million for the six months ended June 30, 2022.

Welldoc Receives 10th 510(k) Clearance from FDA for Award-Winning Diabetes Platform BlueStar®

Retrieved on: 
Tuesday, August 15, 2023

Welldoc® , a digital health leader revolutionizing chronic care, today announced the receipt of its 10th 510(k) clearance from the Food and Drug Administration (FDA) for its award-winning diabetes digital health solution, BlueStar®.

Key Points: 
  • Welldoc® , a digital health leader revolutionizing chronic care, today announced the receipt of its 10th 510(k) clearance from the Food and Drug Administration (FDA) for its award-winning diabetes digital health solution, BlueStar®.
  • This clearance reinforces Welldoc’s position as a leader in technology in diabetes management.
  • This 10th 510(k) clearance enables BlueStar to use connected insulin dosing data in personalized bolus insulin dosing recommendations.
  • “The receipt of our 10th 510(k) clearance is another milestone demonstrating Welldoc’s commitment to leading innovation in digital health.

Citizens Bank of Edmond and Nymbus Join Forces to Introduce Roger

Retrieved on: 
Tuesday, August 15, 2023

Today, veteran-led Citizens Bank of Edmond publicly launched Roger, the only digital-first bank tailored to service members, under the leadership of President and CEO Jill Castilla.

Key Points: 
  • Today, veteran-led Citizens Bank of Edmond publicly launched Roger, the only digital-first bank tailored to service members, under the leadership of President and CEO Jill Castilla.
  • In this groundbreaking move, Citizens Bank of Edmond has forged a strategic partnership with Nymbus, the frontrunner in next-generation digital banking solutions.
  • “We’re extremely proud to partner with Citizens Bank of Edmond on this essential niche bank for the military community,” commented Jeffery Kendall, Chairman and CEO of Nymbus.
  • To learn more, visit the website: www.roger.bank
    About Citizens Bank of Edmond:
    Citizens Bank of Edmond, a nationally renowned $375 million community bank, operates at the same downtown Edmond intersection where it was founded in 1901.

Matterport Expands Environmental Commitments To Reduce Carbon Footprint Through Hardware Recycling Program with Blue Star Services

Retrieved on: 
Monday, July 24, 2023

As a zero-landfill company, Blue Star is committed to reducing waste in landfills by recycling what other companies no longer accept, reusing any item or device that is still functioning and recycling the rest.

Key Points: 
  • As a zero-landfill company, Blue Star is committed to reducing waste in landfills by recycling what other companies no longer accept, reusing any item or device that is still functioning and recycling the rest.
  • With Blue Star, Matterport customers in North America can now reduce the impact of their electronic waste by recycling unrepairable Matterport products for free, supporting Matterport’s goals of operating more sustainably throughout the lifecycle of its products.
  • Businesses, universities, and the public sector alike are turning to Matterport to reduce their carbon footprint by collaborating more effectively, remotely, with Matterport digital twins.
  • Learn more about Matterport’s commitments to ESG and how businesses can meet their own ESG goals with Matterport at: https://matterport.com/esg .

Blue Star Foods Granted Option to Purchase Land for RAS Expansion in South Carolina

Retrieved on: 
Friday, June 30, 2023

Miami, FL, June 30, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced it has officially received an option from Beaufort County, South Carolina to purchase land for its RAS expansion.

Key Points: 
  • Miami, FL, June 30, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced it has officially received an option from Beaufort County, South Carolina to purchase land for its RAS expansion.
  • Blue Star is working closely with the South Carolina Department of Commerce in regards to economic development and incentives specific for the crab project in Beaufort County.
  • Preliminary proposals from South Carolina are offering up to $3 million in incentives.
  • John Keeler, Chairman and CEO of Blue Star Foods, commented, “We are thrilled to partner with Beaufort County, South Carolina in expanding our softshell crab RAS shedding operations, processing & cold storage facility.

Bluestar Energy Capital Appoints Ben Pratt as CEO of its US Renewables Development Platform, Nova Clean Energy

Retrieved on: 
Tuesday, June 27, 2023

Bluestar Energy Capital (‘Bluestar’ or ‘the Company’) today announced the appointment of Ben Pratt as CEO of its United States renewable development platform, Nova Clean Energy.

Key Points: 
  • Bluestar Energy Capital (‘Bluestar’ or ‘the Company’) today announced the appointment of Ben Pratt as CEO of its United States renewable development platform, Nova Clean Energy.
  • He will be based in Nova Clean Energy’s Chicago headquarters.
  • “Ben’s deep understanding of U.S. energy markets and proven leadership capability make him an ideal fit as CEO of Nova Clean Energy as we continue to execute our ambitious business plan,” commented Bluestar Energy Capital Founder and CEO Declan Flanagan.
  • “It’s particularly important that Nova is backed by shareholders who take a long-term view of the market.

Blue Star Foods Signs $1 Million Supply Agreement with Bloomin’ Brands

Retrieved on: 
Thursday, June 1, 2023

Miami, FL, June 01, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce it has entered into a new $1 million supply agreement with Bloomin’ Brands.

Key Points: 
  • Miami, FL, June 01, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce it has entered into a new $1 million supply agreement with Bloomin’ Brands.
  • Blue Star started to deliver approximately 115,000 pounds of pasteurized crab meat (valued at around $1 million) to Bloomin’ Brands for its Outback Steakhouse crab related menu such as Crab-Topped Barramundi.
  • NEW MENU ITEM ALERT Crab-Topped Barramundi | A delicious whitefish native to the coasts of Northern Australia, seasoned and seared then topped with crab and lemon butter.
  • John Keeler, Chairman and CEO of Blue Star Foods, commented, “We are very excited to enter into this new relationship with Bloomin’ Brands for its Outback Steakhouse locations.

Blue Star Foods Reports $1.9 Million Revenue for First Quarter Ended March 31, 2023

Retrieved on: 
Tuesday, May 23, 2023

Gross profit for the three months ended March 31, 2023, decreased by $0.2 million, or 42%, to $0.3 million compared to $0.5 million for the three months ended March 31, 2022.

Key Points: 
  • Gross profit for the three months ended March 31, 2023, decreased by $0.2 million, or 42%, to $0.3 million compared to $0.5 million for the three months ended March 31, 2022.
  • Operating loss for the three months ended March 31, 2023, increased by $0.1 million, or 12%, to $0.9 million, compared to $0.8 million for the three months ended March 31, 2022.
  • Net loss for the three months March 31, 2023, increased by $0.9 million, or 85%, to $2.0 million, compared to $1.1 million for the three months ended March 31, 2022.
  • Adjusted EBITDA loss for the three months ended March 31, 2023, increased by $0.5 million, or 125% to $0.9 million, compared to $0.4 million for the three months ended March 31, 2022.