GPG

GSA Administrator Visits Alpen High Performance Products

Retrieved on: 
Tuesday, August 29, 2023

LOUISVILLE, Colo., Aug. 29, 2023 /PRNewswire/ -- Alpen High Performance Products, a U.S. based manufacturer of high efficiency window technology for commercial and residential markets, was visited in its Louisville headquarters last week by the U.S. General Services Administration's (GSA) Administrator, Robin Carnahan. The GSA Administrator was on site at Alpen to tour the company's facilities and gain new insights from Alpen, which is a supplier of products tested in GSA's Green Proving Ground (GPG) Program. According to GSA's website, the GPG program was created to leverage GSA's real estate portfolio to evaluate innovative building technologies and drive down energy costs in federal buildings. To date, the GPG program has evaluated 104 different technologies from 965 applicants.

Key Points: 
  • LOUISVILLE, Colo., Aug. 29, 2023 /PRNewswire/ -- Alpen High Performance Products , a U.S. based manufacturer of high efficiency window technology for commercial and residential markets, was visited in its Louisville headquarters last week by the U.S. General Services Administration's (GSA) Administrator, Robin Carnahan.
  • The GSA Administrator was on site at Alpen to tour the company's facilities and gain new insights from Alpen, which is a supplier of products tested in GSA's Green Proving Ground (GPG) Program.
  • "We are thrilled to be part of the GSA's Green Proving Ground Program and were honored to have Administrator Carnahan visit us at our headquarters today," said Brad Begin, CEO of Alpen High Performance Products.
  • The GSA has installed Alpen's quad-pane high performance windows throughout Building 40 at the Denver Federal Center as a part of its goal to achieve net zero through energy efficiency products and electrification efforts of federal buildings.

HYPERGIANT INDUSTRIES PARTNERS WITH TRIVE CAPITAL

Retrieved on: 
Tuesday, August 22, 2023

AUSTIN, Texas, Aug. 22, 2023 /PRNewswire/ -- Trive Capital, a Dallas-based private equity firm, announces the acquisition of AI defense platform and solutions company Hypergiant Industries, to complement its current portfolio company Forward Slope. The acquisition is a natural partnership for the two organizations who believe in the future of next-generation, AI-enabled technology solutions to secure both America's defenses across all military domains and critical infrastructure. Mike Betzer, CEO of Hypergiant, will continue leading the company into its next phase of accelerated growth.

Key Points: 
  • Hypergiant has also garnered strong market recognition for its futuristic inventions, including award-winning AI-enabled projects such as the Hypergiant Eos Bioreactor, Hypergiant Project Orion , then Hypergiant Disaster Mapping System , the Hypergiant Chameleon prototype constellation , Project Argus in partnership with Amazon among others.
  • Hypergiant has over 195 employees and contractors and investors include lead investor Align Capital along with GPG, Perot Jain, Beringer Capital, and Capital Factory.
  • Trive Capital is a Dallas, Texas based private equity firm with more than $4 billion of regulatory assets under management.
  • Hypergiant Industries is an AI company focused on developing world-changing technologies to solve the world's biggest problems in the areas of space, defense, and critical infrastructure.

Hypergiant Industries Partners With Trive Capital

Retrieved on: 
Tuesday, August 22, 2023

Trive Capital , a Dallas-based private equity firm, announces the acquisition of artificial intelligence (AI) defense platform and solutions company, Hypergiant Industries , to complement its current portfolio company, Forward Slope.

Key Points: 
  • Trive Capital , a Dallas-based private equity firm, announces the acquisition of artificial intelligence (AI) defense platform and solutions company, Hypergiant Industries , to complement its current portfolio company, Forward Slope.
  • Mike Betzer, the Chief Executive Officer (CEO) of Hypergiant, will continue leading the company into its next phase of accelerated growth.
  • David Stinnett, Partner at Trive Capital, commented, “Hypergiant’s unique geospatial data visualization capability has positioned the company at the leading edge of C5ISR technologies that address mission-critical defense priorities.
  • Hypergiant now has over 150 employees and contractors, and its investors include lead investor Align Capital, along with GPG, Perot Jain, Beringer Capital, and Capital Factory.

Applied UV Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 21, 2023

Record backlog of $20 million as of August 21, 2023

Key Points: 
  • Record backlog of $20 million as of August 21, 2023
    NEW YORK, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and intelligent building solutions today announced its financial results for the second quarter 2022.
  • For the quarter, revenues were $10.8 million, increasing 83.6%, compared with $5.9 million in the second quarter of 2022.
  • Gross profit for the second quarter of 2023 increased to $2.4 million, up 84.8%, compared with $1.3 million in the second quarter of 2022.
  • This significant milestone represents the successful culmination of three years of research, investment, and intellectual property development by Applied UV.

Applied UV’s Subsidiary, PURO, and Its Partner Academy Energy Group (AEG), Have Been Selected As a Finalist for the GSA’s Green Proving Ground (GPG) Program

Retrieved on: 
Monday, July 24, 2023

NEW YORK, NY, July 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ: AUVI), a top Smart Buildings Technologies provider (including food security), announced today that its subsidiary, PURO, and its partner Academy Energy Group (AEG), have been selected as a finalist for the GSA’s Green Proving Ground (GPG) program.

Key Points: 
  • Germicidal Ultraviolet, PURO with its Partner Academy Energy Group – Using next-generation LEDs and Far-UVC light to disinfect air without the need to increase ventilation.
  • Applied UV Founder, CEO and Director Max Munn, stated: “We are truly honored and humbled to have been selected as a finalist in this groundbreaking advanced technology testbed program.
  • We look forward to working side by side with the GSA, DOE, and Academy Energy Group during this process.”
    Academy Energy Group President, Bill Morrison, stated: “As a Service-Disabled Veteran Owned Small Business (SDVOSB), we are honored to be selected, for a second time, to the GSA GPG Program.
  • We look forward to working with PURO to improve the Indoor Air Quality in the GSA’s buildings for the clients they serve.”

nZero Joins Green Proving Ground Program as U.S. General Services Administration Integrates Carbon Tracking Software for the First Time

Retrieved on: 
Tuesday, July 11, 2023

RENO, Nev., July 11, 2023 /PRNewswire/ -- Carbon management and accounting platform nZero will be tracking real-time 24/7 carbon-free electricity under the U.S. General Services Administration's (GSA) Green Proving Ground (GPG) program as part of the Federal Government's quest to decarbonize federal buildings. The government agency recently announced that, in collaboration with the U.S. Department of Energy, it will invest $30 million from the Inflation Reduction Act to increase the sustainability of federal buildings by testing novel technologies through the GPG program. This marks the first year GSA is integrating carbon tracking software. nZero will be supporting the Biden-Harris Administration's larger initiative to advance clean energy tech offerings and establish net-zero federal buildings.

Key Points: 
  • RENO, Nev., July 11, 2023 /PRNewswire/ -- Carbon management and accounting platform nZero will be tracking real-time 24/7 carbon-free electricity under the U.S. General Services Administration 's (GSA) Green Proving Ground (GPG) program as part of the Federal Government's quest to decarbonize federal buildings.
  • nZero will be supporting the Biden-Harris Administration's larger initiative to advance clean energy tech offerings and establish net-zero federal buildings.
  • "The opportunity to work with GSA and the GPG program as one of the first carbon accounting software to be evaluated under this program is an honor.
  • "nZero is playing an important role in the Green Proving Ground program, as the Federal Government drives further innovation and clean energy initiatives across the country," said Robin Carnahan, Administrator of GSA.

ADS-TEC Energy ChargeBox selected by GSA for Green Proving Ground program to drive toward net-zero emissions in federal buildings

Retrieved on: 
Monday, June 12, 2023

The GPG program will be evaluating technologies in seven different areas and ChargeBox falls within the Electric Vehicle Supply Equipment category.

Key Points: 
  • The GPG program will be evaluating technologies in seven different areas and ChargeBox falls within the Electric Vehicle Supply Equipment category.
  • The ADS-TEC Energy ChargeBox system is designed to charge an electric vehicle (EV) in minutes instead of hours.
  • Its battery-buffered technology enables widespread, ultra-fast charging (up to 320kW) on existing power-limited grids without additional infrastructure power upgrades.
  • “ADS-TEC Energy is honored to have ChargeBox evaluated as a part of the Green Proving Ground program to support the agency’s efforts to achieve net-zero emissions in federal buildings,” said Thomas Speidel, CEO, ADS-TEC Energy.

EQS-News: ADS-TEC Energy GmbH: ADS-TEC Energy ChargeBox selected by GSA for Green Proving Ground program to drive toward net-zero emissions in federal buildings

Retrieved on: 
Monday, June 12, 2023

The GPG program will be evaluating technologies in seven different areas and ChargeBox falls within the Electric Vehicle Supply Equipment category.

Key Points: 
  • The GPG program will be evaluating technologies in seven different areas and ChargeBox falls within the Electric Vehicle Supply Equipment category.
  • The ADS-TEC Energy ChargeBox system is designed to charge an electric vehicle (EV) in minutes instead of hours.
  • Its battery-buffered technology enables widespread, ultra-fast charging (up to 320kW) on existing power-limited grids without additional infrastructure power upgrades.
  • “ADS-TEC Energy is honored to have ChargeBox evaluated as a part of the Green Proving Ground program to support the agency’s efforts to achieve net-zero emissions in federal buildings,” said Thomas Speidel, CEO, ADS-TEC Energy.

Metropolitan Bank Holding Corp. Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, April 18, 2023

Net interest income for the first quarter of 2023 was $58.5 million, a decrease of $5.4 million from the prior linked quarter and an increase of $11.9 million from the prior year period.

Key Points: 
  • Net interest income for the first quarter of 2023 was $58.5 million, a decrease of $5.4 million from the prior linked quarter and an increase of $11.9 million from the prior year period.
  • Net interest margin for the first quarter of 2023 was 3.86% compared to 4.05% and 2.71% for the prior linked quarter and prior year period, respectively.
  • Non-interest income was $7.0 million for the first quarter of 2023, an increase of $624,000 from the prior linked quarter and a decrease of $453,000 from the prior year period.
  • The effective tax rate for the first quarter of 2023 includes a favorable discrete benefit related to the conversion of stock awards in the first quarter of 2023.

FULCRUM COLLECTIVE - SELLS 1ST BRAND CONCEPT GEN Z WITHIN A YEAR AFTER ITS LAUNCH

Retrieved on: 
Monday, March 20, 2023

BENTONVILLE, Ark., March 20, 2023 /PRNewswire/ -- It takes a trendsetter to spot one. Fulcrum Collective, a firm with a century of collective experience in business and investment strategy, CPG, brand marketing and corporate coaching, announced that its first brand, GEN Z, has closed on acquisition in less than a year from Fulcrum's initial launch. Fulcrum's partners draw their expertise and extensive network from years of driving fiscal and marketing success at some of the largest household brands, including Walmart, Welch's, Gatorade, Scotts Miracle-Gro, Amazon, Barilla, Betty Crocker and more. Fulcrum Collective sets to identify, support and guide emerging brands to create enduring value and positive change.

Key Points: 
  • Fulcrum Collective , a firm with a century of collective experience in business and investment strategy, CPG, brand marketing and corporate coaching, announced that its first brand, GEN Z , has closed on acquisition in less than a year from Fulcrum's initial launch.
  • Fulcrum Collective sets to identify, support and guide emerging brands to create enduring value and positive change.
  • The acquisition of GEN Z demonstrates Fulcrum Collective's ability to spot great companies with big upside.
  • It made us empathetic to the lonely founder, their position and the weight of strategic decisions," said Fulcrum Collective Managing Partner, Doug Batie.