Puro

New Report Shows U.S. Among Global Leaders in Quickly Growing Carbon Removals Market

Retrieved on: 
Monday, April 8, 2024

SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors. These carbon removal methods are defined by their use of technology to remove and store carbon long-term. The report, "Ready for Offtake: U.S. Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.

Key Points: 
  • SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors.
  • These carbon removal methods are defined by their use of technology to remove and store carbon long-term.
  • Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.
  • The full report, which includes additional data on global market trends, as well as supply and demand insights, is available for download here .

New Report Shows U.S. Among Global Leaders in Quickly Growing Carbon Removals Market

Retrieved on: 
Monday, April 8, 2024

SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors. These carbon removal methods are defined by their use of technology to remove and store carbon long-term. The report, "Ready for Offtake: U.S. Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.

Key Points: 
  • SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors.
  • These carbon removal methods are defined by their use of technology to remove and store carbon long-term.
  • Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.
  • The full report, which includes additional data on global market trends, as well as supply and demand insights, is available for download here .

Applied UV’s Subsidiary Files Patent Application for New Industry Disruptive Integrated Disinfection System for Healthcare Facilities

Retrieved on: 
Monday, March 11, 2024

NEW YORK, NY, March 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (“Applied UV” or the “Company”) (Nasdaq: AUVI), a leader in smart building technology solutions, today announced that its SteriLumen subsidiary has filed a new patent application with the United States Patent and Trademark Office (“USPTO”) entitled "Disinfection System Comprised of Multiple Wavelengths Each Controlled Optimally" with claims pertaining to a method of integrating disinfection systems uniquely designed to optimize environmental cleanliness across different rates of occupancy within healthcare settings, especially operating rooms. Management estimates the annual market size to be in excess of $150M per year with roughly 4,000 operating rooms renovated annually in the United States.

Key Points: 
  • The demand for effective disinfection methods in healthcare environments, particularly operating rooms, has never been more critical.
  • The cornerstone of this novel system is the PURONet Control System, which represents a seamless integration of the best elements of continuous and terminal disinfection methods.
  • The PURONet Control System serves as the central nervous system, seamlessly interfacing with the Puro Protect 222 system for safe, continuous disinfection during occupancy, and the Helo LED system for deep, terminal disinfection when spaces are unoccupied.
  • This integrated approach underscores Applied UV’s strategic focus on delivering innovative, energy-efficient, and effective disinfection solutions that meet the rigorous demands of modern healthcare environments.

Stronghold Announces Fourth Quarter 2023 Operating and Financial Results

Retrieved on: 
Wednesday, March 6, 2024

Revenues comprised $15.1 million from cryptocurrency self-mining, $5.4 million from cryptocurrency hosting, and $1.1 million from the sale of energy.1

Key Points: 
  • Revenues comprised $15.1 million from cryptocurrency self-mining, $5.4 million from cryptocurrency hosting, and $1.1 million from the sale of energy.1
    Stronghold generated 599 Bitcoin during the fourth quarter of 2023, which was down 3% versus the third quarter of 2023 and represented 34% growth compared to the fourth quarter of 2022, respectively.
  • Bitcoin price averaged $36,247 during the fourth quarter of 2023, up 101% compared to the average of $18,073 during the fourth quarter of 2022.
  • Transaction fees averaged 14.6% of block subsidies during the fourth quarter of 2023, up 620% or 1,255 basis points compared to 2.0% of block subsidies during the fourth quarter of 2022.
  • To access the call by phone, please use the following link Stronghold Digital Mining Fourth Quarter 2023 Earnings Call .

Stronghold Announces Third Quarter 2023 Operating and Financial Results and Launches Carbon Capture Initiative

Retrieved on: 
Tuesday, November 14, 2023

Stronghold and third-party engineering, design, and construction partners have developed direct air capture (“DAC”) technology to utilize the beneficial use ash to capture CO2.

Key Points: 
  • Stronghold and third-party engineering, design, and construction partners have developed direct air capture (“DAC”) technology to utilize the beneficial use ash to capture CO2.
  • Network hash rate grew ~9% sequentially from the second quarter of 2023 to the third quarter 2023.
  • On December 12, 2023, Stronghold will host an analyst and investor day in New York, NY to discuss the carbon capture initiative and other items.
  • To access the call by phone, please use the following link Stronghold Digital Mining Third Quarter 2023 Earnings Call .

Applied UV Inc. Secures New Patent Approval From the USPTO for Interchangeable Drain Disinfecting Device Undergoing Validation at Mt Sinai Hospital

Retrieved on: 
Thursday, November 2, 2023

New Patent Approval - Interchangeable Drain Disinfecting Device:

Key Points: 
  • New Patent Approval - Interchangeable Drain Disinfecting Device:
    The Company’s patent for this innovative device optimizes UV source irradiation to effectively disinfect drain systems, contributing to enhanced hygiene and safety.
  • This strategic development aligns with Applied UV Inc.'s commitment to providing cutting-edge solutions for healthier living and working environments.
  • Current Testing at Mt Sinai University Hospital, NYC:
    Applied UV’s Interchangeable Drain Disinfecting Device is currently undergoing rigorous testing at the esteemed Mt Sinai Hospital System in New York City.
  • For more information about these recent patent approvals and Applied UV Inc.'s innovative solutions, please visit our website and explore the press release section at https://www.applieduvinc.com .

Applied UV Inc. Granted Significant New Patents by USPTO and Enters Into Strategic Partnership With Canon Virginia, Inc.

Retrieved on: 
Monday, October 30, 2023

NEW YORK, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV Inc. (NASDAQ: AUVI), a pioneer in UV disinfection technology, is elated to announce today that the United States Patent and Trademark Office (USPTO) issued a patent US 2023/0059472 A1 for the Company’s Airo™ Vortex, encompassing advanced disinfection capabilities and Photocatalytic Oxidation (PCO). Concurrently, the Company also received publication notice on its Fighter Flex™ LED

Key Points: 
  • These milestones underscore a significant stride in Applied UV Inc.’s capabilities and focus on advancing innovation in the disinfection domain, with an aim to foster safer and healthier environments for all.
  • At the 2023 Global Produce & Floral Show held last week, Applied UV Inc. and strategic partner, Canon Virginia, Inc. (a unit of Canon USA) showcased its next-generation Airocide™ technology, which incorporates its patented Airo vortex design.
  • This initiative is further bolstered by an ongoing partnership for additional testing with Johnson Controls and Ushio at Purdue University.
  • This extensive realm of testing highlights the potential and efficacy of Applied UV Inc.’s technologies in addressing diverse community requisites.

Dr. Don Fosnacht Joins Verde as National Certification & Biochar Carbon Removal Specialist

Retrieved on: 
Monday, October 23, 2023

ST. LOUIS, Oct. 23, 2023 /PRNewswire/ -- Verde Resources, Inc (OTCQB: VRDR) proudly welcomes Dr. Don Fosnacht to its dynamic team as the National Certification & Extensive BCR (Biochar Carbon Removal) Implementation Specialist.

Key Points: 
  • ST. LOUIS, Oct. 23, 2023 /PRNewswire/ -- Verde Resources, Inc (OTCQB: VRDR) proudly welcomes Dr. Don Fosnacht to its dynamic team as the National Certification & Extensive BCR (Biochar Carbon Removal) Implementation Specialist.
  • With over 21 years of groundbreaking leadership in innovation and applied research, Dr. Fosnacht joins Verde after an illustrious career as the Associate Director at the Natural Resources Research Institute (NRRI) .
  • His work has extended to industrial biochar applications, displacing coal use and harnessing carbon's unique chemical properties for a reduced carbon footprint.
  • Dr. Fosnacht will spearhead the execution of an all-encompassing strategy for the national and regional certification of carbon net-negative construction products for Verde.

Applied UV Announces Operational Efficiencies to Simplify Corporate Structure, Increase Gross Margins, Enhance Profitability and Drive Organic Growth

Retrieved on: 
Monday, August 28, 2023

NEW YORK, NY, Aug. 28, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and intelligent building solutions, today announced an organizational restructuring plan intended to improve operational performance and drive shareholder value creation. The Company has initiated a series of steps to position the business for long-term growth while establishing a clear path to consistent profitability and sustainable free cash flow in an effort to improve Applied UV’s market capitalization.

Key Points: 
  • “Applied UV is at an important juncture, and we are taking decisive steps.
  • Our focus is on accelerating the momentum we have across our businesses while optimizing our organization to deliver profitable growth,” said Max Munn, CEO of Applied UV.
  • “With today's announcements, we are taking action to ensure Applied UV capitalizes on the large, immediate, and long-term opportunities in the targeted markets we serve.
  • The operational efficiencies and strategic initiatives include the following:
    Substantially all SteriLumen disinfection-related product manufacturing has now been transferred to Canon, Virginia.

Applied Food Sciences Partners With KÄÄPÄ Biotech to Launch Organic Nordic Mushroom Extracts

Retrieved on: 
Tuesday, August 8, 2023

This strategic partnership will expand AFS' primarily botanical portfolio with the addition of Nordic grown, functional mushroom extracts for use in food, beverages, and supplements.

Key Points: 
  • This strategic partnership will expand AFS' primarily botanical portfolio with the addition of Nordic grown, functional mushroom extracts for use in food, beverages, and supplements.
  • The launch will include six organic powdered mushroom extracts: Lion's Mane, Reishi, Cordyceps, Chaga, Shiitake, and Maitake.
  • The mushrooms are grown and cultivated at KÄÄPÄ Biotech in Finland, whose award-winning mycological technology and sustainable practices distinguish them from other suppliers.
  • KÄÄPÄ Biotech is proud to grow its organic mushrooms using local birch wood, the national tree in Finland, instead of more common grain alternatives.