NEW YORK, NY / ACCESS Newswire / June 11, 2025 / There are countless headlines about the “supply chain.” And most people just shrug, assuming it means their groceries might arrive late or that next-day delivery becomes two-day. But in its truest sense, “supply chain” goes much deeper – especially when it comes to its integrity. That concept is no longer just a logistical concern; it has become a core pillar of national security.
SMX (NASDAQ:SMX), a leader in converting physical items into secure digital records for circular economy applications, now finds itself at the center of this shift. And that’s no accident. Unlike any known tracking system, SMX’s technology is a critical ally for a defense sector under increasing scrutiny over foreign-sourced components and an urgent need for technological sovereignty.
More importantly, SMX’s technological arsenal is purpose-built for a moment when the Pentagon and its contractors are rethinking how they track, verify, and secure critical materials. SMX’s platform – featuring molecular-level tagging, blockchain authentication, and AI-driven lifecycle tracking – delivers more than innovation. It delivers certainty.
When the Front Line Begins at the Supply Chain
As highlighted in recent OAN reporting, that’s now an uncompromising benchmark. Because in the modern defense arena, vulnerability doesn’t start on the battlefield – it begins in the backend. Weapons systems, aircraft, cybersecurity hardware, and communication equipment are built with parts sourced from thousands of vendors. Any one of them could be a weak link. Counterfeit chips, tampered sensors, or unverified alloys don’t just represent quality concerns – they’re conduits for sabotage.
The good news? SMX shuts that vulnerability down at the source. Its molecular-level marking system embeds traceability directly into the material itself – long before it ever enters a warehouse, factory floor, or combat zone. More specifically, each component is invisibly tagged and tied to an unchangeable blockchain ledger that records every phase of its lifecycle: origin, movement, installation, and eventual disposal. Whether it’s a turbine blade, encrypted processor, or missile guidance chip, SMX makes it instantly verifiable – anywhere, anytime, with zero room for compromise.
There’s no ambiguity here. SMX technology checks every box, including policies centered on resilience, domestic sourcing, and end-to-end oversight. And that matters – because the need for tamper-proof tracking isn’t just a nice-to-have anymore. It’s quickly becoming a requirement.
Why SMX Technology Fits into the DoD’s New Playbook
And national security is just one dimension. SMX technology answers the call of multiple federal priorities: securing U.S. supply chains, preventing counterfeit parts, complying with ESG mandates, and ensuring that every component used in defense systems is documented, verifiable, and safe. It’s a streamlined solution to a growing list of problems.
SMX’s emergence as a strategic defense partner didn’t come from chasing headlines. It came from solving the kinds of problems that today’s national security infrastructure can no longer afford to overlook. The company has already demonstrated its value across industries like plastics, metals, and textiles – but its role in defense may be its most mission-critical application yet.
Yesterday’s OAN segment made the case clear: the future of defense readiness depends on more than firepower. It depends on knowing exactly where every bolt, circuit, and compound comes from- and ensuring it hasn’t been compromised. That’s the level of trust SMX brings to the table.
And in this context, trust isn’t optional. Because when it comes to national defense, “almost certain” isn’t good enough. Validation, authentication, and full accountability are non-negotiable. SMX delivers all of that – and more.
About SMX (Security Matters) Public Limited Company As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.
Forward-Looking Statements The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company’s fight against abusive and possibly illegal trading tactics against the Company’s stock; successful launch and implementation of SMX’s joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX’s ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX’s ability to successfully and efficiently integrate future expansion plans and opportunities; SMX’s ability to grow its business in a cost-effective manner; SMX’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX’s business model; developments and projections relating to SMX’s competitors and industry; and SMX’s approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX’s business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX’s filings from time to time with the Securities and Exchange Commission.
Beyond the Grid: Neutrino® Energy Group’s Strategy for Land, Sea, Sky, and Space
MUNICH, DE / ACCESS Newswire / June 11, 2025 / A global energy transition is no longer optional-it’s a necessity. But behind the scenes of solar and wind, another technology is entering industrial reality with far greater implications. Neutrinovoltaic technology, developed by the Neutrino® Energy Group, is not a distant concept. It’s an operational platform for decentralized, 24/7 energy generation that is now expanding into mobility, aerospace, marine systems, and even high-security communications.
Neutrinovoltaic technology converts the kinetic energy of neutrinos and other non-visible radiation into electricity. These omnipresent particles trigger atomic vibrations in a nanomaterial composed of alternating layers of graphene and doped silicon. The resulting resonant frequency is transformed into direct current. Far from ambient energy scavenging, this is a controlled, scalable generation method already powering advanced applications.
Power Without Fuel: The Neutrino Power Cube
The Neutrino Power Cube is a compact, modular, and emission-free energy system delivering 5 to 6 kilowatts of continuous power. Weighing just 50 kilograms, it operates silently and autonomously, independent of weather or location. With no fuel, no combustion, and no grid connection required, the Cube holds the potential to decentralize energy infrastructure and become a cornerstone of clean, off-grid power generation worldwide.
Autonomous Mobility: The Pi Car
The Pi Car applies neutrinovoltaic integration to electric vehicles. Instead of relying on traditional charging infrastructure, the Pi Car generates power continuously by embedding neutrinovoltaic materials into structural components like the body panels and roof. After an hour in ambient conditions, the vehicle can achieve up to 100 kilometers of additional range. Collaborators include Simplior Technologies for AI-based energy optimization, C-MET Pune for materials development, and SPEL Technologies for battery integration. The concept also supports retrofitting existing EV platforms to enhance range and energy independence.
Flight Beyond Limits: Pi Fly
Pi Fly is Neutrino® Energy Group’s aeronautics program, developing UAVs powered by onboard neutrinovoltaic systems and supercapacitor storage. Current prototypes include multirotor and flying wing models. The next phase targets autonomous VTOL aircraft for cargo delivery. Supporting this effort are mobile hydrogen refueling units, also powered by neutrinovoltaics, enabling off-grid aviation infrastructure.
Maritime Transformation: Nautic Pi
Nautic Pi brings this energy platform to the sea. Neutrinovoltaic-powered marine vessels are under conceptual development, allowing autonomous navigation without onboard fuel or external charging. The system is particularly suited for long-duration missions, remote operations, and submersible platforms.
Communication Breakthrough: Project 12742
Finally, Project 12742 explores neutrino-based data transmission. Unlike radio signals, neutrinos pass through dense materials with minimal interference. This allows for real-time, secure global communication even through rock, oceans, or planetary bodies-an enormous leap for high-security and interplanetary data systems.
As governments and industries seek viable decarbonization paths, the Neutrino® Energy Group is no longer just proposing solutions-it’s deploying them. With a multidisciplinary team of hundreds of researchers, engineers, and scientists from over 40 countries, strategic alliances, and a growing portfolio of high-impact applications, neutrinovoltaic technology isn’t coming-it’s already here. And it’s conquering the world.
Neutrino Energy Group Neutrino Scientific Board Holger Thorsten Schubart – CEO Website: www.neutrino-energy.com
Contact Information
Holger Thorsten Schubart CEO and member of the Scientific Advisory Board office@neutrino-energy.com +493020924013
NEW YORK, NY / ACCESS Newswire / June 11, 2025 / New to The Street (NTTS) and High Performance Battery Technology (HPB) announce the launch of the Future of Batteries (FOB) Summit, an exclusive gathering in New York City for industry leaders ready to scale solid-state battery production in the United States. This inaugural summit with the theme, ‘Bridging Innovation: From Proven European Battery Technology to Scalable US Manufacturing‘, will take place from June 17-19 in some of NYC’s most exclusive locations.
FOB Summit offers practical dialogue aimed at commercializing advanced solid-state battery technologies in the US market, crucial for renewable energy storage, electric mobility, and infrastructure resilience.
Vince Caruso, CEO of NTTS, said, “This summit brings European battery technology leaders into direct conversation with US manufacturers, investors and media. It’s all about real opportunities to license, produce and scale innovation here in the United States.”
“Bringing proven solid-state battery technology from Europe to US manufacturing is a pivotal step for sustainable energy security,” added Sebastian Heinz, CEO of HPB. “We are not here to discuss technology in theory. We are here to transfer it into manufacturing. Our battery technology is non-flammable, built for long life and more environmentally friendly than conventional batteries. The next step is execution in the American market and FOB is designed as a launchpad for these cross-Atlantic partnerships,” said Dr. Sebastian Heinz, CEO of HPB.
With confirmed speakers from Porsche Consulting, Jonas & Redmann, ZNL Energy, and McKinsey & Company, the summit convenes decision-makers for high-level conversations around licensing, infrastructure, and supply chain readiness.
Marcus Andreas Olsen, Business Development Manager at ZNL Energy, a separator technology provider said, “The US battery market requires a robust supply chain, safety, and consistent quality. At ZNL, we are contributing advanced separator technologies to make solid-state batteries more scalable. FOB brings together the kind of strategic dialogue and partnerships needed to make that possible.”
Dr. Ing. Harald Wanka from Jonas & Redmann, an automation and production systems company, will be joining the summit virtually from Germany. He added, “From automated production lines to technical execution, we know what is needed to scale. This summit is the right forum to align strategies and timelines.”
Taking place in iconic venues including the Blackbarn restaurant, FOB provides networking sessions to foster immediate and lasting business connections. With panels on licensing, policy alignment, and manufacturing scalability, attendees will explore solutions to real-world challenges facing battery commercialization.
US manufacturers and investors seeking to participate or learn more about the Future of Batteries Summit 2025 can apply via the event website: https://hpb.ch/fob-summit-2025-waitlist-0
Attendance is limited to ensure impactful interactions. If you would like to participate in the summit or have any questions for the organisers, write to Monica Brennan (Head of Communications) at NTTS: monica@newtothestreet.com.
About New to The Street (NTTS)
About Us – New to The Street
New to The Street is a premier multi-platform media brand and long-form TV series that features innovative public and private companies from around the globe. Broadcasting weekly as sponsored programming on Fox Business Network and Bloomberg Television, and digitally across a rapidly growing 2.5 million+ subscriber YouTube channel, New to The Street delivers powerful exposure to a national and international investor audience.
For over 15 years, our Emmy-nominated anchors and expert correspondents have conducted over 600 interviews from the floor of the New York Stock Exchange, Nasdaq MarketSite, and other iconic venues. We specialize in showcasing visionary leaders, cutting-edge technology, and disruptive ideas-providing companies with guaranteed television airtime, earned media distribution, and unparalleled social and outdoor billboard visibility.
Through our trademark segment Opportunities To Consider™, we offer viewers exclusive insight into the people, products, and strategies shaping the next generation of market success stories.
New to The Street is where founders become known, where innovation meets exposure, and where success leaves clues.
About High Performance Battery (HPB)
High Performance Battery Technology GmbH is a German company specializing in the research and development of a new generation of batteries with outstanding properties. The HPB Solid-State Battery is characterized by its non-flammability, extreme longevity and significantly improved environmental properties, and is already ready for series production thanks to an innovative production process. HPB cooperates with renowned European plant manufacturers for industrial production. High Performance Battery Technology GmbH, based in Bonn/DE, is a wholly owned subsidiary of High Performance Battery Holding AG, based in Teufen/CH, which is responsible for financing the research work.
Clear Start Tax Warns That Hitting $10,000 in IRS Debt Can Trigger Serious Consequences – Including Passport Restrictions and Federal Liens
IRVINE, CA / ACCESS Newswire / June 11, 2025 / If you owe the IRS less than $10,000, you might think you’re in the clear. But Clear Start Tax says crossing that five-figure threshold can quietly trigger a cascade of government actions – including federal tax liens, denied passport renewals, and enhanced IRS collection efforts.
Most taxpayers don’t realize that $10,000 is a critical line in the sand for several IRS enforcement triggers. In 2025, enforcement is faster and more automated than ever, meaning debts that creep over this threshold can lead to serious consequences before the taxpayer even receives a phone call.
“The number isn’t arbitrary,” says the Head of Client Solutions at Clear Start Tax. “Once your tax debt hits $10,000, multiple systems within the IRS and State Department can flag your account for escalating enforcement – and that includes federal lien filings and passport holds.”
What Happens at the $10,000 Mark
According to Clear Start Tax, several federal programs and IRS enforcement protocols use $10,000 as a key trigger point:
Federal Tax Liens: Once debt crosses $10,000, the IRS may begin filing a public Notice of Federal Tax Lien, which attaches to property, credit, and assets.
Passport Revocation: Under the FAST Act, the IRS can certify seriously delinquent tax debt over $59,000 (adjusted annually) to the State Department – but debts over $10,000 often trigger early scrutiny that can affect renewals or travel.
FBAR Filing Requirement: U.S. persons with more than $10,000+ in foreign accounts at any point in the year must file an FBAR – Failure to do so can result in steep civil fines and even criminal charges.
Levy Readiness: Debts over $10,000 often place taxpayers in line for wage garnishments or bank levies, especially if no resolution plan is in place.
“Crossing the $10,000 mark can quietly activate IRS systems that move fast and leave little room to react,” said the Head of Client Solutions at Clear Start Tax. “By the time a taxpayer realizes what’s happening, they may already be dealing with a lien, frozen accounts, or even passport issues.”
What You Can Do Before It Hits
Clear Start Tax emphasizes that the best strategy is to act before your balance reaches – or exceeds – the $10,000 threshold. Early intervention opens the door to more flexible IRS programs, such as:
Installment Agreements: Monthly payments that prevent liens and enforcement
Offer in Compromise: A negotiated settlement for less than you owe
Lien Withdrawal Requests: Preventing or reversing lien filings
Currently Not Collectible (CNC): A temporary freeze on collections for qualifying hardship cases
These options are often more accessible and more successful when applied proactively, before enforcement action has started.
How Clear Start Tax Helps
Clear Start Tax takes a preventive and personalized approach to tax debt relief, beginning with a full financial analysis to assess each client’s risk of enforcement. Their team communicates directly with the IRS to quickly halt any escalating actions and then builds a customized resolution plan tailored to the client’s income, assets, and financial hardship.
About Clear Start Tax
Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm’s unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry.
SAN FRANCISCO, CA / ACCESS Newswire / June 11, 2025 / Consumer Choice Award (CCA) is thrilled to announce NutriGastro as the 2025 winner in the Caterers category in San Francisco. This landmark win not only celebrates NutriGastro’s trailblazing role in the Bay Area’s culinary scene, but also marks a significant moment as CCA officially launches in San Francisco to recognize the region’s top-rated service providers.
Founded by Michelin-trained Chef Hakeem Otenigbagbe, NutriGastro is redefining what it means to eat well. By combining the precision and elegance of fine dining with the science of nutrition, the company has carved out a niche as one of the most respected food service providers in the Bay Area. From premium catering for private and corporate events to personal chef experiences and curated meal prep, NutriGastro delivers on taste, health, and presentation.
“This award is more than a milestone for our team-it’s a validation of our commitment to food that’s thoughtful, nourishing, and delicious,” said Chef Hakeem Otenigbagbe, founder and culinary director of NutriGastro. “We’re honoured to be among the first in San Francisco to receive a Consumer Choice Award. It’s a moment of pride not just for us, but for our city’s dynamic and diverse culinary culture.”
NutriGastro has served a distinguished list of clients, including the Golden State Warriors, SF Jazz, and a variety of local tech firms, artists, and families. Whether it’s a high-profile event or an intimate dinner, the company brings intention, artistry, and care to every dish.
NutriGastro’s offerings include:
High-end catering for events of all sizes
Personalized meal prep programs
In-home personal chef experiences
Corporate wellness and nutrition-driven food service
Locally sourced, seasonal ingredients and custom menus
NutriGastro’s approach is as much about people as it is about food. With an unwavering focus on client experience, sustainability, and culinary creativity, the company has earned a loyal following throughout the Bay Area. Their chef-led team brings a depth of experience that includes Michelin-star kitchens, nutrition certifications, and hospitality expertise.
The 2025 award also underscores Consumer Choice Award’s expansion into the San Francisco market. Backed by independent research and community input, CCA’s process identifies the best-rated companies in key sectors. NutriGastro’s recognition sets a high bar for quality and trust in the local catering industry.
As the Bay Area continues to evolve as a hub of innovation and diversity, NutriGastro remains dedicated to fuelling lives through food that’s equal parts nourishing and inspiring.
About Consumer Choice Award: Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.
Collaboration to Integrate NRC-Approved Instrumentation and Control (I&C), Safety Systems, and Manufacturing Support as Reactor Development Advances Toward 2028 Deployment
NEW YORK, NY AND DALLAS, TX / ACCESS Newswire / June 11, 2025 / Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced that Terra Innovatum has signed a Memorandum of Understanding (“MOU”) with U.S.-based Paragon Energy Solutions, LLC (“Paragon”), a recognized leader in safety-related Instrumentation and Control (I&C) systems for the nuclear energy sector, to support the design and integration of I&C systems into Terra Innovatum’s micro-modular reactor, SOLO™, as well as manufacturing support for its global deployment.
In Picture (Left to Right): John Portillo – Vice President, Paragon Energy Solutions and Giordano Morichi – Partner, Chief Business Development Officer & Investor Relations in Signing Ceremony at Paragon Headquarter, Dallas (TX).
“We are thrilled to partner with Paragon, a leading nuclear component manufacturer who has the nuclear engineering know-how, capabilities, and capacity to support the global manufacturing and deployment of our SOLO™ units once commercialized. We are working closely with their world-class team to implement NRC-approved I&C systems into our advanced nuclear reactors to ensure SOLO™ maintains industry-leading performance, safety and reliability,” announced Alessandro Petruzzi, Co-founder & CEO of Terra Innovatum. “This partnership reflects the agility of our model as we aim to leverage the existing nuclear supply chain and licensed components for our reactor design and production, which accelerates our regulatory and commercial pathway.”
Tighe Smith, Chief Nuclear Officer of Paragon commented: “We’re proud to collaborate with Terra Innovatum and help push the frontier of advanced nuclear forward to address worldwide energy demand. We are well positioned to support their innovative and unique design elements as well as deployment plans as an established partner-of-choice for the advanced reactor industry. We share in Terra Innovatum’s long-term commitment to both innovation and safety profile and are excited to build the future of nuclear together.”
Giordano Morichi, Partner, Chief Business Development Officer & Investor Relations of Terra Innovatum continued: “We engineered SOLO™ for modular scalability and rapid commercialization, and this partnership with Paragon marks a critical first step toward our 2028 deployment timeline. By aligning with established industry leaders like Paragon, we are not only integrating proven I&C and safety systems into our technology-we are also laying the foundation for a resilient, responsive supply chain across the U.S. and globally. Together, we’re accelerating our mission to deliver low-cost, zero-carbon, and highly reliable energy to the places that need it most.”
“We deeply recognize the urgency of bringing advanced nuclear technologies like SOLO™ to market. Our expertise in delivering high-integrity safety systems aligns perfectly with Terra Innovatum’s ambitious roadmap. We are committed to supporting their deployment goals by ensuring that all instrumentation and control components are engineered, tested, and delivered with the highest standards of nuclear-grade reliability,” concluded John Portillo, Vice President of Paragon.
In Picture: A visual rendering of the SOLO™ micro-modular reactor (1MWe-5MWt) seamlessly integrated into a high-density urban environment, showcasing its compact footprint and suitability for safe, public-facing energy deployment in city settings.
The MOU formalizes a strategic collaboration to initiate the design integration and validation of advanced I&C systems for Terra Innovatum’s SOLO™ reactor, as well as related manufacturing support for global deployment. Work has already begun between the engineering teams, and initial planning milestones are underway. The agreement lays the foundation for purchase orders, long-term service contracts, and commercial engagements, signaling a strong mutual commitment to accelerate deployment and scale.
Recent Highlights
Terra Innovatum recently announced a proposed business combination with GSR III Acquisition Corp., positioning the Company to accelerate its mission of delivering zero-carbon, cost-efficient, and reliable power. SOLO™ is the first micro-modular reactor designed to operate on widely available Low-Enriched Uranium (LEU) and is built using commercial off-the-shelf components, streamlining regulatory review and shortening construction timelines. In May, the Company submitted an advanced nuclear proposal to the New York State Energy Research and Development Authority’s Advanced Nuclear Request for Information, outlining plans for a potential reactor site, production facility, and deployment opportunities to address New York’s 2040 zero-carbon goal. Earlier this year, Terra Innovatum submitted its regulatory engagement plan to the U.S. Nuclear Regulatory Commission (NRC), a critical step toward its targeted first commercial deployment in 2028.
ABOUT TERRA INNOVATUM & SOLOTM
Terra Innovatum’s mission is to make nuclear power accessible. We deliver simple and safe micro-reactor solutions that are scalable, affordable and deployable anywhere 1 Mwe at a time.
Terra Innovatum is a pioneering force in the energy sector, dedicated to delivering innovative and sustainable power solutions. Terra Innovatum plans to leverage cutting-edge nuclear technology through the SOLO™ Micro-Modular Reactor (SMR™) to provide efficient, safe, and environmentally conscious energy. With a mission to address global energy shortages, Terra Innovatum combines extensive expertise in nuclear industry design, manufacturing, and installation licensing to offer disruptive energy solutions. Committed to propelling technological advancements, Terra Innovatum and SOLO™ are dedicated to fostering prosperity and sustainability for humankind.
It is anticipated that SOLO™ will be available globally within the next three years. Conceptualized in 2018 and engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, SOLO™ addresses pressing global energy demands with a market-ready solution. Built from readily available commercial off-the-shelf components, the proven licensing path for SOLO™ enables rapid deployment and minimizes supply chain risks, ensuring final cost predictability. Designed to adapt with evolving fuel options, SOLO™ supports both LEU+ and HALEU, offering a platform ready to transition to future fuel supplies.
SOLO™ will offer a wide range of versatile applications, providing CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. It also has the ability to supply heat for industrial applications and other specialized processes, including water treatment, desalination and co-generation. Thanks to its modular design, SOLO™ can easily scale to deliver up to 1GW or more of CO2-free power with a minimal footprint, making it an ideal solution for rapidly replacing fossil fuel-based thermal plants. Beyond electricity and heat generation, SOLO™ can also contribute to critical applications in the medical sector by producing radioisotopes essential for oncology research and cancer treatment.
For more than 30 years, Paragon has provided an unmatched level of commitment to tackling the nuclear industry’s most difficult challenges. Dedicated to quality, safety, reliability, and carbon-free energy, the company delivers premium products to nuclear energy facilities with proven reductions in direct costs, parts inventory, improved process efficiency, and obsolescence solutions.
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or constitute a solicitation of any vote or approval.
In connection with the business combination, a Dutch public limited liability company (“Pubco”), GSR III Acquisition Corp. (“GSRT”) and Terra Innovatum s.r.l. (“Terra Innovatum” and, together with GSR III and Pubco, the “Registrant Parties”) have filed with the SEC a registration statement on Form S-4 (the “Registration Statement”), which includes a preliminary prospectus of Pubco relating to the offer of securities to be issued in connection with the business combination, and a preliminary proxy statement of GSRT to be distributed to holders of GSRT’s ordinary shares in connection with GSRT’s solicitation of proxies for a vote by GSRT’s shareholders with respect to the Business Combination and other matters described in the Registration Statement. The Registrant Parties also plan to file other documents with the SEC regarding the business combination. After the Registration Statement has been declared effective by the SEC, a definitive proxy statement/prospectus will be mailed to the shareholders of GSRT. INVESTORS OF THE REGISTRANT PARTIES ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS CONTAINED THEREIN (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND ALL OTHER DOCUMENTS RELATING TO THE BUSINESS COMBINATION THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION.
Investors will be able to obtain free copies of the proxy statement/prospectus and other documents containing important information about the Registrant Parties once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. In addition, the documents filed by GSRT may be obtained free of charge by written request to GSRT at 5900 Balcones Drive, Suite 100, Austin TX 78731.
PARTICIPANTS IN THE SOLICITATION
Each of the Registrant Parties, and their respective directors and executive officers, may be considered participants in the solicitation of proxies with respect to the potential transaction described in this communication under the rules of the SEC. Information about the directors and executive officers of GSRT is set forth in GSRT’s filings with the SEC. Information regarding other persons who may, under the rules of the SEC, be deemed participants in the solicitation of the shareholders in connection with the potential transaction and a description of their direct and indirect interests will be set forth in the Registration Statement (and will be included in the proxy statement/prospectus) and other relevant documents when they are filed with the SEC. These documents can be obtained free of charge from the sources indicated above.
FORWARD LOOKING STATEMENTS
The statements contained in this press release that are not purely historical are forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on GSRT and the other Registrant Parties. There can be no assurance that future developments affecting GSRT and the other Registrant Parties will be those that we have anticipated. These forward-looking statements speak only as of the date this press release is delivered and involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreements with respect to the Business Combination; (2) the outcome of any legal proceedings that may be instituted against GSRT, any of the Registrant Parties, the combined company or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (3) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of GSRT or the SEC’s declaration of the effectiveness of the Registration Statement (which will include the proxy statement/prospectus contained therein) to be filed by the Registrant Parties or to satisfy other conditions to closing; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (5) the ability of Pubco to meet stock exchange listing standards following the consummation of the Business Combination; (6) the risk that the Business Combination disrupts current plans and operations of Terra Innovatum as a result of the announcement and consummation of the Business Combination; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the Business Combination, including the reorganization described in the business combination agreement; (9) changes in applicable laws or regulations; (10) the possibility that the Registrant Parties or the combined company may be adversely affected by other economic, business, and/or competitive factors; (11) the amount of redemption requests made by GSRT shareholders and (12) other risk factors described herein as well as the risk factors and uncertainties described in the Form S-4 and GSRT’s other filings with the SEC, as well as any further risks and uncertainties to be contained in the proxy statement/prospectus filed after the date hereof. In addition, there may be additional risks that neither GSRT nor any of the other Registrant Parties presently know, or that GSRT or the other Registrant Parties currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward- looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
None of GSRT, the other Registrant Parties, or any of their respective affiliates, officers, employees or agents, makes any representation or warranty, either express or implied, in relation to the fairness, reasonableness, adequacy, accuracy, completeness or reliability of the information, statements or opinions, whichever their source, contained in this press release or any oral information provided in connection herewith, or any data it generates and accept no responsibility, obligation or liability (whether direct or indirect, in contract, tort or otherwise) in relation to any of such information. GSRT, the other Registrant Parties and their respective affiliates, officers, employees and agents further expressly disclaim any and all liability relating to or resulting from the use of this press release and any errors therein or omissions therefrom. Further, the information contained herein is preliminary, is provided for discussion purposes only, is only a summary of key information, is not complete and is subject to change without notice.
In addition, the information contained in this press release is provided as of the date hereof and may change, and neither GSRT nor the other Registrant Parties undertakes any obligation to update or revise any forward- looking statements, whether as a result of new information, inaccuracies, future events or otherwise, except as may be required under applicable securities laws.
ATW Partners and DWF Labs invested $55 million in initial closing
TRNR is expected to have the largest US publicly listed crypto treasury focused on an AI-token
TRNR enters into technology collaboration with Fetch.ai to power its fitness training with AI technology
AUSTIN, TX / ACCESS Newswire / June 11, 2025 / Interactive Strength Inc. (Nasdaq:TRNR), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it has entered into a Securities Purchase Agreement to raise up to $500 million, the net proceeds of which are expected to be used exclusively to acquire $FET tokens, a leading AI digital asset developed by Fetch.ai.
This transaction is expected to result in TRNR having the largest publicly-listed crypto treasury focused on an AI-token. TRNR is already in the process of acquiring $FET tokens with the initial $55 million of new capital that has been invested by private equity firm ATW Partners and crypto market-maker DWF Labs.
“Digital assets are rapidly becoming an essential part of global financial infrastructure and AI is the biggest technological leap in our lifetimes,” said Trent Ward, CEO of TRNR. “Fetch.ai is the market leader at the intersection of the two most important technology trends today: artificial intelligence and crypto. We believe our strategy to acquire a significant number of $FET tokens could dramatically accelerate our mission to create significant long-term value for TRNR shareholders.”
“We are proud to support this landmark deal, advancing institutional crypto adoption,” said Andrei Grachev, Managing Partner of DWF Labs. “As a global leader in crypto investments and market making, we see enormous potential in TRNR’s treasury strategy and Fetch.ai’s vision, signaling the next wave of corporate capital markets embracing AI-driven digital assets.”
“Unlike traditional models that generate isolated responses, Fetch.ai’s ecosystem is built on autonomous agents that can interact, collaborate, and transact in real time,” said Humayun Sheikh, CEO of Fetch.ai. “This enables users to build and monetize AI tools that operate independently -whether for booking doctor appointments, market forecasting, or personalized fitness plans.”
Fetch.ai’s platform features the world’s first decentralized LLM designed for autonomous action, not just content generation, and powers AI agents that optimize critical industries – from medical research and energy to logistics and finance. Fetch.ai is the original issuer of $FET and a member of the Artificial Superintelligence Alliance (ASI). As part of the deal, Fetch.ai will collaborate with TRNR to expand its digital fitness services into, e.g., an AI-driven personal training platform.
This investment accelerates TRNR’s momentum from its two pending acquisitions, which TRNR believes highlights the strong institutional investor support for the Company’s strategy of combining crypto treasury assets and accretive acquisitions. The crypto treasury asset strategy is expected to strengthen TRNR’s financial flexibility, as well as support its AI and digital fitness ambitions, and increase shareholder exposure to next-generation growth assets.
$FET is a top-50 cryptocurrency and a top-5 AI-focused cryptocurrency by market capitalization according to coinmarketcap.com.
TRNR will leverage BitGo for both the trading and custody of its $FET holdings through BitGo’s best-in-class custody platform.
Advisors: Legal advisors included Lucosky Brookman (Interactive Strength), K&L Gates/Ed Dartley (Fetch.ai), Kelly Drye & Warren (ATW Partners), Blank Rome (ATW Partners) and Nixon Peabody (DWF Labs). Wachsman is the communications and strategy firm for the transaction and the agency of record for Fetch.ai.
For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR’s investor website as well as its required filings with the U.S. Securities and Exchange Commission (SEC).
About Fetch.ai: Fetch.ai Inc. is a Delaware-based AI company and founding member of the ASI Alliance, is redefining the possibilities of an intelligent and connected world through its AI agent-based technology. Fetch.ai’s infrastructure technology enables developers and businesses to build, deploy and monetize through an agent-based modular platform for the new generation of AI applications. The company’s core product, Agentverse, fuses Language Models (LLMs) and AI Agents to create an open and dynamic marketplace that connects users to services and reimagines the current search experience. For additional information, visit: Fetch.ai.
About Interactive Strength Inc.: Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on NASDAQ (symbol:TRNR). CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR’s design is compact and easy to move – making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. www.clmbr.com.
FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company’s connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. www.formelife.com.
Channels for Disclosure of Information In compliance with disclosure obligations under Regulation FD, we announce material information to the public through a variety of means, including filings with the Securities and Exchange Commission (“SEC”), press releases, company blog posts, public conference calls, and webcasts, as well as via our investor relations website. Any updates to the list of disclosure channels through which we may announce information will be posted on the investor relations page on our website. The inclusion of our website address or the address of any third-party sites in this press release are intended as inactive textual references only.
Forward Looking Statements: This press release includes certain statements that are “forward-looking statements” for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management’s assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”, “may”, “should”, “will”, “would”, “will be”, “will continue”, “will likely result” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of acquiring future businesses or completing the referenced pending transactions in a timely manner or at all, the ultimate gross proceeds of the financing, the Company having the largest US publicly listed crypto treasury focused on an AI-token, and the financing strengthening the Company’s financial flexibility, supporting the Company’s AI and digital fitness ambitions, and increasing shareholder exposure to next-generation growth assets. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: whether ATW Partners and / or DWF Labs will invest further amounts, other US publicly listed companies’ crypto strategies, and the price of $FET tokens. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
CAMBRIDGE, MA / ACCESS Newswire / June 11, 2025 / Moderna, Inc. (Nasdaq:MRNA), today announced its participation in the following upcoming investor event:
Barclays Speaking the Science Call Series, on Monday, June 16th at 10:00am ET
A live webcast of this presentation will be available under “Events and Presentations” in the Investors section of the Moderna website.
A replay of this webcast will be archived on Moderna’s website for at least 30 days following the presentation.
About Moderna
Moderna is a leader in the creation of the field of mRNA medicine. Through the advancement of mRNA technology, Moderna is reimagining how medicines are made and transforming how we treat and prevent disease for everyone. By working at the intersection of science, technology and health for more than a decade, the company has developed medicines at unprecedented speed and efficiency, including one of the earliest and most effective COVID-19 vaccines.
Moderna’s mRNA platform has enabled the development of therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases and autoimmune diseases. With a unique culture and a global team driven by the Moderna values and mindsets to responsibly change the future of human health, Moderna strives to deliver the greatest possible impact to people through mRNA medicines. For more information about Moderna, please visit modernatx.com and connect with us on X (formerly Twitter), Facebook, Instagram, YouTube and LinkedIn.
Investors: Lavina Talukdar Senior Vice President & Head of Investor Relations 617-209-5834 Lavina.Talukdar@modernatx.com
Team of global leaders to showcase telcos’ advancing role in enabling immersive, context-aware digital experiences
FOSTER CITY, CA / ACCESS Newswire / June 11, 2025 / MATRIXX Software, a global leader in billing and monetization solutions, today announced its participation in a groundbreaking TM Forum Moonshot Catalyst project titled “Spatial Web: Open Gateway to the Immersive Future.” The project, developed in collaboration with industry leaders including Telefónica, TIM Brasil, Red Hat, Hansen Technologies and nabstract.io, will be unveiled at TM Forum’s Digital Transformation World (DTW) Ignite event, June 17-19, in Copenhagen, Denmark.
The Catalyst showcases how telcos can become enablers of the Spatial Web through standardized, programmable access to network capabilities via the GSMA Open Gateway initiative and TM Forum’s Operate APIs. It provides a blueprint for transforming connectivity providers into orchestrators of the immersive, context-aware digital experiences that will become the “killer apps” of the Spatial Web.
“Real-time, scalable monetization capabilities will be central to telcos’ role in the Spatial Web ecosystem,” said Marc Price, chief technology officer at MATRIXX Software. “This Catalyst project demonstrates how telcos can unlock that potential by automating lifecycle operations, exposing new value through APIs and enabling flexible monetization models that appeal to developers and aggregators alike.”
The Spatial Web Opportunity
The Spatial Web is the next evolution of the internet, where digital content and services are seamlessly integrated with the physical world through technologies like augmented reality, real-time data and AI agents. It promises to deliver immersive, context-aware experiences for users and new monetization opportunities for businesses. Emerging use cases include interactive marketing and virtual storefronts, immersive games and contextualized spatial tourist attractions, each of which will be served by direct and indirect monetization models to underpin their commercial success. To realize its full potential, the Spatial Web requires a programmable network foundation-one that can provide low latency, high bandwidth and context-rich data services. Telecom operators are uniquely positioned to deliver these capabilities, enabling developers to build applications that interact intelligently with the physical environment in real-time.
A Gateway to the Next Internet Era
Built on TM Forum’s Open Digital Architecture and CAMARA APIs, the Catalyst highlights the technical advances needed to support next-generation digital services. Key project innovations include:
First implementation of TMF936 Operate API for dynamic product catalog exchange
Usage data exchange standardization via TMF937, enabling automated billing and settlement
Flexible CAMARA API pricing models supporting diverse application monetization
Integration of the Decentralized Spatial Web Protocol (DSSP) to orchestrate real-time, immersive experiences
Collectively, these advances lay the foundation for commercializing high-value Spatial Web applications in numerous industries-moving beyond simple connectivity toward a forecasted $34B+ telco API economy.
Scaling the Open Gateway
The Open Gateway, initiated by the GSMA, standardizes network capabilities through APIs, enabling developers to build applications interacting directly with telecom infrastructure. By simplifying complex operator functions into programmable interfaces, like quality of service and identity, it bridges networks and cloud ecosystems, accelerating innovation and creating new monetization opportunities for telcos. With 73 operators and 43 channel partners supporting the MoU, the Catalyst project highlights the automation of these API deployments and commercialization at scale.
Visit the Catalyst at DTW
The “Spatial Web: Open Gateway to the Immersive Future” Catalyst will be presented at DTW’s Innovation Zone, kiosk i3.18. Attendees will experience how standardized APIs and real-time monetization can unlock new business models, speed developer onboarding and transform the telco role in the emerging Spatial Web ecosystem. Learn more about the Catalyst project here.
About MATRIXX Software
MATRIXX Software delivers a modern converged charging and digital monetization solution proven at scale. Global operators like Telefónica and Telstra, IoT providers like Tata Communications and network-as-a-service (NaaS) providers like DISH rely on the platform to overcome the limitations of traditional Business Support Systems (BSS). With MATRIXX, service providers can rapidly configure, deploy and monetize personalized, innovative offerings. Its cloud native platform delivers accurate, real-time information that improves customer engagement. MATRIXX enables commercial innovation and real-time customer experiences that drive revenue and growth opportunities across multiple markets.
U.S.-Assembled 45.36 kWh High-Voltage Packs from Nevada Facility to Promote Accelerated OEM and Consumer Growth Through E-Motion™ Platform
MONTREAL, QC / ACCESS Newswire / June 11, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) (“Vision Marine” or the “Company”), a pioneer in high-voltage electric marine propulsion systems, today announced a major milestone in its U.S. scale-up strategy: the expansion of its longstanding partnership with Octillion Power Systems, a top-tier U.S.-based lithium-ion battery manufacturer, to produce Vision-branded high-voltage battery packs dedicated exclusively to the American market.
Under the terms of the agreement, Octillion will assemble Vision Marine’s new proprietary 45.36 kWh battery packs at its state-of-the-art facility in Nevada, aiding in fast, cost-efficient distribution across North America. These batteries are designed to support both Vision Marine’s OEM integrations and consumer-facing electric boat offerings, delivering increased power, extended range, and improved performance-while reducing total system cost and simplifying logistics.
This renewed and enhanced partnership establishes a partial U.S. supply chain for Vision Marine’s proprietary E-Motion™ 180E electric outboard system, unlocking key efficiencies. In addition to supporting factory integration with third-party manufacturers, the partnership provides a reliable and consistent battery supply for Vision Marine’s direct-to-consumer electric boat sales, including those produced under formal production agreements with multiple established boat manufacturers. These vessels are sold through Vision Marine’s channels while retaining the original manufacturer’s branding, enabling broad market reach without altering brand identity.
“Octillion has been an integral technology partner to Vision Marine for several years, powering our most high-performance programs-including multiple electric world speed record boats,” said Alexandre Mongeon, CEO of Vision Marine Technologies. “With this expanded partnership and the support of Octillion’s Nevada facility, we are positioned to scale commercial deliveries and prepare for our next record-setting performance with more power and higher efficiency.”
Founded in 2009 and headquartered in California, Octillion Power Systems is a global leader in lithium-ion battery technology, with over 2 million battery systems deployed across electric vehicles, industrial equipment, and energy storage sectors. Octillion brings deep technical expertise and proven large-scale manufacturing capabilities-essential components to Vision Marine’s growth roadmap.
“Having collaborated with Vision Marine since 2021 on the development of this American-built, marine-dedicated battery platform has been both technically rewarding and strategically significant,” said Paul Beach, President of Octillion Power Systems. “We are proud to manufacture these 45.36 kWh packs at our Nevada facility and to work in close alignment with Vision Marine’s team as they scale delivery and continue to push the boundaries of electric propulsion on water.”
In addition to supporting near-term production, Octillion’s close proximity and embedded technical collaboration introduce a new phase in Vision Marine’s development strategy. By aligning with a team that has delivered over 2 million battery systems globally, Vision Marine is now embracing a more agile, partner-integrated model of innovation, leveraging Octillion’s energy systems expertise to guide refinements and influence the evolution of future battery architectures.
The battery systems being manufactured by Octillion are integrated with Vision Marine’s patent-pending proprietary high-voltage marine propulsion powertrain -the first battery pack purpose-built for electric marine propulsion. Engineered to meet the demanding conditions of marine use, these packs deliver enhanced energy density, ruggedness, and integration simplicity-promoting optimal performance across a wide range of recreational and commercial applications.
The packs will be available exclusively with the E-Motion™ 180E outboard and offered as part of a fully integrated, plug-and-play powertrain solution. Designed for rapid OEM adoption and simplified factory installation, this system addresses long-standing industry barriers to electric adoption-namely cost, complexity, and limited performance.
By leveraging Octillion’s Nevada-based production infrastructure and forward-leaning technical engagement, Vision Marine becomes the first company in North America offering a fully industrialized, high-voltage electric marine outboard system with a U.S.-sourced battery solution -positioning the Company to meet growing demand for electrified boating while supporting regulatory and content compliance initiatives.
With domestic battery sourcing secured, enhanced pack performance, and ongoing collaboration with Octillion’s technical team, Vision Marine enters the second half of 2025 with the foundation to scale its go-to-market operations and accelerate its innovation agenda. As the Company advances, it remains committed to shaping the future of marine electrification by embracing cross-functional partnerships and leading-edge development models to bring next-generation technologies to the water.
About Octillion Power Systems Octillion Power Systems is a U.S.-based global provider of advanced lithium-ion battery solutions for electric mobility and stationary energy storage. With over 2 million battery packs shipped worldwide, Octillion specializes in scalable, safe, and high-performance battery packs for transportation, industrial, and grid-connected applications. Visit www.octillion.us to learn more.
About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ:VMAR) is a pioneer in marine electrification. Its flagship E-Motion™ 180E system is a fully integrated high-voltage electric outboard powertrain built for OEM adoption at scale. Vision Marine designs and manufactures electric propulsion systems and boats to transform recreational and commercial boating into a zero-emission experience. Learn more at www.visionmarinetechnologies.com
Forward-Looking Statements Certain statements in this press release constitute “forward-looking statements.” These statements include, but are not limited to, expectations regarding the benefits of the new patent, its impact on future product development and original equipment manufacturer integrations, and Vision Marine’s competitive position. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could affect results are discussed in the Company’s filings with the Securities and Exchange Commission. Vision Marine undertakes no obligation to update any forward-looking statements except as required by law.
Investor & Company Contact Vision Marine Technologies Bruce Nurse – Investor Relations (303) 919-2913 bn@v-mti.com
