BEAST

GreenPower Announces Revenue of $34.2 million Year-To-Date for Fiscal 2024, a 40% Increase from Previous Year

Retrieved on: 
Tuesday, February 13, 2024

GreenPower reported record revenues of $34.2 million for the nine months ended December 31, 2023, an increase of 40% over the revenue of $24.4 million for the comparable period in the previous fiscal year.

Key Points: 
  • GreenPower reported record revenues of $34.2 million for the nine months ended December 31, 2023, an increase of 40% over the revenue of $24.4 million for the comparable period in the previous fiscal year.
  • These Nano BEASTs are part of the 41 all-electric GreenPower school buses ordered by the state of West Virginia," said Fraser Atkinson, GreenPower Chairman and CEO.
  • Increased cash by $3.4 million to $4.0 million from $0.6 million at the beginning of the fiscal year.
  • Deferred revenue of $10.7 million at the end of the quarter including the current portion of $8.2 million.

GreenPower Announces Production of its First All-Electric School Buses at West Virginia Manufacturing Facility

Retrieved on: 
Wednesday, December 13, 2023

"Setting up a new manufacturing facility for the production of all-electric, purpose-built school buses is not an easy task," said GreenPower President Brendan Riley.

Key Points: 
  • "Setting up a new manufacturing facility for the production of all-electric, purpose-built school buses is not an easy task," said GreenPower President Brendan Riley.
  • From securing the manufacturing facility to the purchase of $15 million in GreenPower school buses, West Virginia has been the kind of partner that helps a company achieve its startup production and financial goals," he continued.
  • What officials are saying about the first production of GreenPower all-electric, purpose-built school buses in West Virginia:
    "Today marks a significant milestone for the state of West Virginia as GreenPower has completed production of the first group of all-electric, zero-emission school buses in our state.
  • – West Virginia State Senator Eric Nelson
    "Thanks to GreenPower, Kanawha County West Virginia is now seen as the home to the manufacturing of all-electric, purpose-built school buses for markets up and down the East Coast.

GreenPower Announces First Order of Nano BEAST All-Electric School Buses for the New York Market

Retrieved on: 
Monday, December 4, 2023

"Today marks the next phase of GreenPower's entry into the New York school bus market," said Michael Perez, GreenPower's Vice President of School Bus, Contracts and Grants.

Key Points: 
  • "Today marks the next phase of GreenPower's entry into the New York school bus market," said Michael Perez, GreenPower's Vice President of School Bus, Contracts and Grants.
  • Chatham Central School District, a quintessential rural community in Upstate New York, has placed the first order for a GreenPower Type A Nano BEAST.
  • Another Nano BEAST purpose-built school bus will serve as a demo vehicle that Leonard Bus Sales will use to introduce schools throughout the state to GreenPower's offerings of all-electric school buses.
  • New York accounts for about 10% of the school bus fleet nationwide with approximately 50,000 school buses transporting 2.3 million children.

GreenPower Announces First Order of 25 Mega BEASTs to Montebello School District and 10 BEASTs for Garden Grove in California

Retrieved on: 
Tuesday, November 14, 2023

GreenPower received the orders from its exclusive California dealer Model 1 (formerly Creative Bus Sales) for 25 of the Mega BEAST school buses for the Montebello School District and 10 BEAST school buses for the Garden Grove school district.

Key Points: 
  • GreenPower received the orders from its exclusive California dealer Model 1 (formerly Creative Bus Sales) for 25 of the Mega BEAST school buses for the Montebello School District and 10 BEAST school buses for the Garden Grove school district.
  • Funding for the all-electric, zero-emission school buses comes from both the California HVIP program and the EPA Clean School Bus Program.
  • "GreenPower is pleased to see these school districts being able to place orders through Model 1 for the BEAST school buses using program funding that helps them prepare for future transportation requirements.
  • In the past month, California Governor Gavin Newsom signed legislation requiring all new school buses in California be electric by 2035.

GreenPower Announces Revenue of $26 million for First Half of Fiscal 2024, a 125% Increase from Previous Year

Retrieved on: 
Tuesday, November 14, 2023

GreenPower reported record revenues of $26.0 million for the first half of the 2024 fiscal year, an increase of 125% over the revenue of $11.6 million for the first half of the previous fiscal year.

Key Points: 
  • GreenPower reported record revenues of $26.0 million for the first half of the 2024 fiscal year, an increase of 125% over the revenue of $11.6 million for the first half of the previous fiscal year.
  • Generated revenues of $8.4 million in the second quarter, an increase over the revenue of $7.7 million in the same quarter of the previous fiscal year.
  • Cash increased by $1.4 million to $2 million from $0.6 million at the beginning of the fiscal year.
  • Deferred revenue of $10.8 million at the end of the current quarter including the current portion of $7.9 million.

Nexsan Reclaims its Position as Best Storage Vendor for Channel Partners

Retrieved on: 
Tuesday, November 7, 2023

The Nexsan Worldwide Partner Program is fundamental to the company’s commitment to selling 100% through the channel.

Key Points: 
  • The Nexsan Worldwide Partner Program is fundamental to the company’s commitment to selling 100% through the channel.
  • Nexsan resellers, solution providers, and technology partners have access to the industry’s best resources, including sales and technical assistance, marketing tools, and incentives to help them close deals on the full line of the company’s all-flash, unified storage, file, block, and secure data vault storage.
  • Approved Deal Registrations are guaranteed by Nexsan not to be taken directly by the company or granted to another partner.
  • Nexsan channel partners excel at developing systems that address essential functions like high-performance data vaults, bulletproof backup and archive, cybersecurity, and digital video.

Product Launch: GreenPower Unveils the Mega BEAST All-Electric Type D School Bus with the Longest Range and Biggest Battery Pack on the Market

Retrieved on: 
Tuesday, October 31, 2023

This newest version of GreenPower's all-electric Type D school bus provides double the range with the same functionality as GreenPower's trusted and reliable BEAST all-electric school bus that is deployed in school bus fleets across the country.

Key Points: 
  • This newest version of GreenPower's all-electric Type D school bus provides double the range with the same functionality as GreenPower's trusted and reliable BEAST all-electric school bus that is deployed in school bus fleets across the country.
  • GreenPower's Mega BEAST is a 40-foot Type D all-electric, purpose-built, zero-emission school bus that delivers a class-leading range of up to 300 miles on a single charge via a 387 kWh battery pack.
  • It provides for the longest range and has the biggest battery pack in the school bus market.
  • The Mega BEAST joins GreenPower's award-winning line-up of all-electric, purpose-built, zero-emission school buses including the Type D BEAST and the award-winning Type A Nano BEAST.

GreenPower Announces Record School Bus Deliveries For Fiscal 2024 Second Quarter

Retrieved on: 
Friday, October 20, 2023

(NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced record delivers of its all-electric school buses during the second quarter of fiscal 2024.

Key Points: 
  • (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced record delivers of its all-electric school buses during the second quarter of fiscal 2024.
  • "During the quarter, GreenPower focused on increased production, sales and deliveries of its all-electric, purpose-built school bus products," said Fraser Atkinson, CEO of GreenPower.
  • GreenPower delivered a record 16 purpose-built school buses in the second quarter of fiscal 2024 which ended September 30, 2023.
  • We helped school districts nationwide apply for the second round of the EPA Clean School Bus Program.

Nexsan Rewards Organizations for their Loyalty with Trade-Up Incentive on New Purchases of its Highly Reliable Storage Systems

Retrieved on: 
Tuesday, October 3, 2023

Nexsan ®, the pioneer of highly reliable, cost-effective storage, today announced a limited-time Storage Refresh Rebate program for trade-ins of qualifying Nexsan products.

Key Points: 
  • Nexsan ®, the pioneer of highly reliable, cost-effective storage, today announced a limited-time Storage Refresh Rebate program for trade-ins of qualifying Nexsan products.
  • With over 2,600 systems deployed and over 600PB of storage under active maintenance today, Nexsan’s storage products are the workhorses of many of the world’s most demanding data centers.
  • Nexsan systems are known to be the most reliable and long-lasting storage systems in the industry.
  • “Nexsan systems seem to run forever, so getting customers to upgrade can be challenging,” said Jonathan Lassman, Director, Epaton.

GreenPower Highlights Key Findings from All-Electric School Bus Pilot Program and Resulting Vehicle Orders

Retrieved on: 
Tuesday, September 26, 2023

"The GreenPower all-electric school buses did what they were supposed to do throughout the entire pilot.

Key Points: 
  • "The GreenPower all-electric school buses did what they were supposed to do throughout the entire pilot.
  • Several of the pilot program counties have applied for new funding through the EPA and other sources to purchase additional GreenPower school buses as well.
  • The nine-month pilot program covered more than 32,000 miles in 18 counties representing one-third of the school districts in the state.
  • It was just a good experience for our county and we ended up purchasing a GreenPower all-electric BEAST school bus."