Sportstech Revenue Growth Accelerated from 18% YoY in Second Quarter, and is Expected to Surpass 30% YoY in Fourth Quarter
Current FX Rates Indicate that Sportstech’s LTM September 2025 Revenue Would Be Approximately $58M with $6M in LTM EBITDA
TRNR Confirms that All Parties Working Diligently on Completing Acquisition Closing Requirements
AUSTIN, TEXAS / ACCESS Newswire / November 5, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) (“TRNR” or the “Company”), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, today provided an update to its shareholders about the recently released results of Sportstech Brands Holding GmbH (“Sportstech”), its pending acquisition target.
Earlier today, Sportstech announced third quarter 2025 revenue of more than $13M at current FX rates, representing 24% YoY growth, an acceleration from 18% YoY in the second quarter. Sportstech shared that it expects a further acceleration in revenue growth in the fourth quarter, its highest-revenue quarter, to expected growth of more than 30% YoY. Sportstech noted that this acceleration in its revenue growth is directly driven by increased inventory availability as a result of ongoing coordination with, and working capital from ,TRNR.
The target company indicated that last twelve months (“LTM”) performance was approximately $58M in revenue, with $6M in positive EBITDA at current FX rates (reported in local currency as €50M in LTM Revenue and more than €5M in LTM EBITDA). Sportstech third quarter EBITDA margin increased by more than 200bps YoY to leading to LTM EBITDA margin of more than 10%.
Ali Ahmad, Founder and CEO of Sportstech, said in the press release that the “continued monthly and YoY momentum shows just how much demand there is for our products and fitness content, when we’re coordinated with the larger TRNR platform and have better access to working capital.”
Mr. Ahmad also shared that: “The addition of Caleb Morgret to the TRNR team is helping us also accelerate the completion of the closing requirements. Our big ambitions remain, and we expect the post-closing period to be even more exciting than our growth is currently.”
Trent Ward, Co-Founder and CEO of TRNR, commented that: “We remain pleased by Sportstech’s strong performance – which validates our investments in it to date, and confirms the potential of the pending acquisition. With our most senior finance executive now on the ground in Europe working directly with the Sportstech team, we have increased confidence that we’ll complete the final deal closing requirements quickly. We look forward to sharing more about the deal and the exciting initiatives that are ahead for Sportstech.”
For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR’s investor presentation on the Company’s investor website as well as its required filings with the US Securities and Exchange Commission (SEC).
Interactive Strength Inc. (NASDAQ:TRNR) has established a leading portfolio of premium fitness brands – Wattbike, CLMBR, and FORME – that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.
Wattbike offers a range of high-performance indoor bikes that set the global standard in cycling. Known for unmatched accuracy, realistic ride feel, and advanced performance tracking, Wattbike is trusted by elite athletes, national teams, and fitness enthusiasts around the world.
CLMBR redefines the next-generation vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout that’s both efficient and effective.
FORME delivers strength, mobility, and recovery training through immersive content, performance-grade hardware, and expert coaching. Its wall-mounted systems include the Studio, a smart fitness mirror for guided programming and live 1:1 personal training, and the Lift, which adds smart resistance cable training-ideal for high-performance environments and sport-specific development.
From elite performance to everyday wellness, our ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.
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 completing the acquisition of Sportstech in a timely manner or at all, the financial performance of the acquisition target, including the reported financials of Sportstech that have not been audited or reviewed by a PCAOB auditor and could vary materially once that audit or review work is completed and such financials are included in the Company’s reported financials, as well as the effect of the exchange rates of foreign currencies which can be volatile, in addition to any statements regarding the future performance or initiatives of Sportstech. 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: demand for our products and for Sportstech’s products if the acquisition is completed (collectively, the “Products”); competition, including technological advances made by and new products released by our and Sportstech’s competitors; our ability to accurately forecast consumer demand for our Products and adequately maintain inventory of our Products; and our reliance on a limited number of suppliers and distributors for our Products. 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.
BOISBRIAND, QUEBEC / ACCESS Newswire / November 5, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) (“Vision Marine” or the “Company”) today announced that it has selected BRP Electrification Engineering Services to collaborate on the next stage of its growth. This engagement brings BRP’s recognized expertise in electric vehicle engineering to Vision Marine’s available high-voltage propulsion platform, reinforcing the Company’s commitment to future innovations.
Through this collaboration, BRP Electrification Engineering Services will provide targeted resources to help advance performance and accelerate next-generation development within Vision Marine’s propulsion platform. The engagement complements Vision Marine’s leadership in marine-specific electrification with additional innovation capabilities that expand the Company’s long-term roadmap.
“Partnering with BRP Electrification Engineering Services allows us to focus not only on what we deliver today, but also on the breakthroughs that will define tomorrow,” said Alexandre Mongeon, Co-Founder and CEO of Vision Marine. “This collaboration supports our growth while keeping Vision Marine firmly in the lead as we continue shaping the future of marine propulsion.”
“This collaboration marks a defining moment in Vision Marine’s journey. Working alongside BRP’s electrification experts validates the years of innovation and determination our team has invested to redefine marine propulsion. Together, we’re not just improving performance, we’re shaping the next era of clean, powerful, and inspiring boating experiences for generations to come.” Maxime Poudrier, COO & Head of Growth, Vision Marine Technologies Inc.
Vision Marine Technologies Inc. (NASDAQ: VMAR) is a disruptive marine company offering premium boating experiences across both electric and internal combustion segments. Through its E-Motion™ high-voltage technology and Nautical Ventures’ eight-location retail and service network in Florida, Vision Marine unites proprietary engineering with direct-to-consumer sales, after-sales support, and integration services.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding anticipated benefits of the agreement with BRP Electrification Engineering Services, expected consumer adoption, innovation roadmap development, and the Company’s broader strategic objectives. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Risks include, but are not limited to, market conditions, operational execution, customer demand, competitive factors, and those described in the Company’s filings with the SEC. Vision Marine disclaims any obligation to update forward-looking statements, except as required by law.
Investor and Company Contact: Bruce Nurse Investor Relations (303) 919-2913 bn@v-mti.com
Partnerships intend to make “proof” a currency across plastics, precious metals, textiles, and rare earth sectors
NEW YORK, NY / ACCESS Newswire / November 5, 2025 / Some companies talk about traction. SMX (NASDAQ:SMX) is showing it. The company’s molecular markers and digital passports are no longer a lab story. They are moving through factories, sort lines, institutes, and refineries, converting proof into a working supply chain language that brands, regulators, and investors can use.
2025 has been a pivot point. Not hype, not a headline cycle, but a realignment where execution meets timing. The partners now lined up with SMX signal a network effect that is starting to compound.
And when proof compounds, markets pay attention.
Singapore Turns Proof Into Policy
Start with Singapore. SMX and A*STAR are building what many have talked about and nobody has delivered at a national scale, a plastics passport that gives materials a durable identity from manufacture to reuse. It is policy-grade infrastructure in a place known for standards, and it positions SMX at the center of a first-of-its-kind reference model.
That distinction matters. A national program is more than a pilot. It is a framework other governments and consortia can copy, with shared data schemas, verification rules, and certification paths that unlock finance. Singapore is setting the template while SMX provides the molecular truth layer.
If you want to see where market adoption begins, it begins where proof becomes law and industry follows.
Sorting Lines Become Certification Engines
On the ground, SMX and REDWAVE are turning sorters into certifiers. By embedding SMX markers into plastics and teaching REDWAVE’s machines to read them, a conveyor belt becomes a verification checkpoint. That creates feedstock you can certify in real time, not months later with paperwork.
Speed and certainty change economics. Certified bales command better pricing, and verified streams reduce chargebacks and contamination risk. The result is a cleaner ledger for buyers, sellers, and auditors without extra friction.
Add Tradepro, an established Miami plastics player, to the loop, and you connect verification to distribution. SMX’s marker tech has already been demonstrated in FDA-compliant rPET, and Tradepro’s role is to move verified resin into U.S. supply chains that are under mandate pressure to raise recycled content. Proof meets the purchase order.
Spain Plugs Into The Loop
In Spain, SMX and CARTIF have signed a letter of intent to evaluate integrating molecular markers and analytics across Industry 5.0 and circularity projects. It’s a practical bridge between research pilots and industrial deployment inside one of Europe’s more ambitious regional innovation ecosystems.
The near-term value is acceleration. CARTIF’s testbeds let SMX validate, iterate, and localize quickly, then hand those results to companies and municipalities that need confident data for procurement, policy, and financing.
As Europe tightens reporting rules, the ability to prove recycled content and track end-of-life handling is no longer a nice-to-have: it’s a must-have. It is a market-access requirement, and CARTIF gives SMX a fast lane to Spanish and EU projects that require measurable outcomes.
Precious Metals Get A Memory
Gold and silver are trust assets that still lean on stamps and paper trails. SMX’s trueGold partnership with Goldstrom points to a different future, where bars, nuggets, ounces, and scrap carry a molecular identity through refining, trading, and re-melting. The goal is end-to-end traceability and circularity across a market that moves trillions in value.
When metals carry their own receipt, provenance disputes shrink, insurance risk improves, and banks can finance with tighter collateral rules. That is how verification upgrades pricing power, not just compliance optics.
The most interesting unlock is secondary flows. Recycled precious metals with authenticated origin and handling can be priced with less discount, because uncertainty is priced out. That is margin creation driven by proof.
Textiles Stop Guessing
Fashion and technical textiles are crowded with claims that are hard to verify. SMX and CETI are tackling that with industrial validation across fibers and fabrics, integrating molecular markers and digital passports into CETI’s pilot lines so brands can test, certify, and scale with auditable data.
This is not a showroom demo. CETI’s role is to translate lab capability into production-ready workflows that meet EU reporting regimes and sustainability-linked financing requirements. That shortens the time from concept to contract.
Once fibers carry their own identity, durability, recycled content, and origin stop being marketing language and become measurable attributes that buyers can pay for. Proof upgrades product, and product upgrades price.
The Traction That Matters
Partnerships are currency only when they unlock use. A*STAR signals a national-scale backbone, REDWAVE and Tradepro turn belts and pellets into verified commodities, CARTIF speeds deployment across Spain and the EU, Goldstrom extends proof into metals, and CETI gives textiles a production-grade path to transparency. Together, they look less like deals and more like a distribution map.
The common thread is utility. SMX is wiring proof into the places where value moves, then letting markets do what they do best once uncertainty is removed. That is why this moment feels different.
Call it traction or product-market fit for verification. Either way, the network is forming, and SMX is at its center.
About SMX
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 gold, 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.
At Mushroom Lake – situated along the Lac 50 Trend and outside of the Lac 50 Exploration Target 3 area – the Company successfully completed two drillholes targeting the depth extent of uranium mineralization identified in outcrops over a 3 km strike length;
Both drillholes successfully intersected uranium mineralization along 1 km of strike, with drilling highlighted by:
Drillhole ML-DD-014: intersected two zones of uranium mineralization between 334.85 m and 364.45 m, with total composite mineralization of 2.1 m, including 0.2 m of high-grade mineralization 2 . The first zone (334.85 to 335.95 m) had average radioactivity of 2,830 counts per second (CPS 1 ) and a maximum reading of 7,659 CPS 1 measured on the downhole gamma probe. The second zone (363.45 to 364.45 m) had average radioactivity of 8,045 CPS 1 and a maximum reading of 23,365 CPS 1 (Figure 4).
At the KU Discovery – situated within the 31 km RIB-Nine Iron Trend – the Company successfully completed an additional five drillholes, following up on the initial discovery hole KU-DD-001 (See June 24 th , 2025, News Release);
Additional drillhole results from KU are highlighted by:
Drillhole KU-DD-004: intersected eight zones of uranium mineralization between 478.05 m and 583.45 m, with total composite mineralization of 10.4 m 2 . The thickest zone of mineralization was intersected between 480.65 and 483.45 m, with average radioactivity of 1,674 CPS 1 and a maximum reading 5,805 CPS 1 (Figure 7).
The 2025 Program’s unparalleled success directly corresponds to ATHA’s exploration approach, which has unlocked the geological controls hosting uranium mineralization at Angilak along the RIB-Nine Iron Trend. Expert Geophysics Ltd.’s Advanced Electromagnetic Inversion (“EM Inversion”) modeling of its MMT survey data has proven successful in identifying prospective structural corridors associated with uranium mineralization;
EM Inversion modeling is now complete over the northeastern section of the Angikuni Basin, inclusive of the Lac 50 Trend and sections of the RIB-Nine Iron Trend – from the KU Discovery to the Nine Iron Discovery (Figure 2a & b).
Lac 50 Trend: The EM Inversion modelling proved successful in mapping structural corridors hosting the currently defined footprint of mineralization outlined in the Exploration Target. Outside of the Lac 50 Exploration Target area, numerous areas with structural complexities similar to the Mineralized RIB Corridor (MRC), have been identified and remain untested (Figure 2a);
KU Discovery – Nine Iron: Beyond the current discoveries at KU and Nine Iron, numerous areas of intense structural complexity, similar to the MRC, have been identified and remain untested (Figure 2b);
ATHA has now concluded the diamond drilling component of its highly impactful 2025 Angilak Exploration Program, which successfully tested regional exploration targets outside of the Lac 50 Exploration Target area;
2025 Angilak Exploration Program comprised twenty-three diamond drillholes totaling 10,774 m and resulted in the discoveries of five new areas of uranium mineralization along the 31 km RIB-Nine Iron Trend;
All mineralized drill core samples have been submitted for analysis and assay results are pending. The Company anticipates receiving results from other components of the 2025 Angilak Exploration Program within Q4 2025.
Troy Boisjoli, CEO commented: “The successful results from Mushroom Lake and KU Discovery continue to demonstrate the Angilak difference. The 2025 Angilak Exploration Program was an unprecedented success with five new discoveries along the RIB-Nine Iron Trend and the effective application of EM Inversion providing a road map to discovery. The Company has transformed the Angilak Uranium Project and set the stage for what will be a catalyst filled 2026. At a time when the world is looking to stable jurisdictions to supply the Nuclear Renaissance with the raw materials it needs to make it happen, ATHA Energy is primed to help answer those demands.”
Cliff Revering, VP Exploration added: “The 2025 Angilak exploration program was designed with two core objectives: expanding the mineralization footprint at the Lac 50 deposit and advancing two high-priority regional targets – KU and RIB – located along the RIB-Nine Iron Trend. The program not only met these objectives but also exceeded expectations, yielding multiple new discoveries at both KU and RIB. A key highlight was the identification of a 12 km-long structural corridor associated with uranium mineralization, anchored by the significant new discovery at RIB North.
The 3D inversion modeling of the 2024 MMT survey data, developed by Expert Geophysics, has proven to be a highly reliable tool for mapping prospective structural corridors tied to uranium mineralization and has substantially enhanced our targeting strategy. The most recent 3D inversion model covering the Lac 50, KU, and Nine Iron areas, further highlights numerous prospective trends and structural complexities comparable to those already drill-tested and confirmed within the RIB mineralized corridor.
With the successful completion of the 2025 Angilak exploration program, I want to extend my gratitude to our dedicated employees, contractors, and service providers. Their commitment enabled us to achieve these significant technical milestones while upholding the highest standards of safety and environmental stewardship. At ATHA, we firmly believe that technical success must go hand-in-hand with rigorous safety and environmental practices, and we deeply value the effort and professionalism of everyone involved in our operations.”
VANCOUVER, BC / ACCESS Newswire / November 5, 2025 /ATHA Energy Corp. (TSX.V:SASK)(FRA:X5U)(OTCQB:SASKF) (“ ATHA ” or the “ Company “), is pleased to announce additional drilling results from the 2025 Angilak Exploration Program at its 100%-owned Angilak Uranium Project in Nunavut, Canada. The drillhole results are from two areas: the Mushroom Lake Discovery, situated along the Lac 50 Trend, and the KU Discovery, located along the RIB-Nine Iron Trend. At the Mushroom Lake Discovery, two drillholes were completed, ML-DD-013 and ML-DD-014, both of which intersected uranium mineralization. At the KU Discovery, five additional drillholes were completed, all designed to follow-up on the initial discovery drillhole KU-DD-001 (See June 24 th, 2025, News Release).
The Company is also pleased to announce the results from the latest round of Expert Geophysics Ltd.’s Advanced Electromagnetic Inversion (“ EM Inversion “) modeling of its 2024 MMT survey data. The Company focused on modelling the northeastern section of the Angikuni Basin, inclusive of the Lac 50 Trend and sections of the RIB-Nine Iron Trend – from the KU Discovery to the Nine Iron Discovery. Across the Lac 50 Trend and the RIB-Nine Iron Trend, the EM Inversion modeling highlights prospective trends coincident with identified uranium mineralization drill tested in 2025. Furthermore, the latest round of modeling has identified numerous additional high-priority targets within the project area.
Figure 2a: 2025 Angilak Exploration Program – EM Inversion Model & Drill Collar Locations from KU Discovery area, along the RIB-Nine Iron Trend.
Figure 2b: 2025 Angilak Exploration Program – EM Inversion Model & Drill Collar Locations from Mushroom Lake. Situated along the Lac 50 Trend.
Table 1: 2025 Angilak Exploration Program Drill Collar Information
Hole ID
Trend
Zone
Azimuth (°)
Dip (°)
Easting (mE)
Northing (mN)
Elevation (m)
Final Depth (m)
*KU-DD-001
RIB-Nine Iron
KU Target
30
70
515830
6936190
256.5
599
*J4R-DD-091
Lac 50
J4/Ray
25
57
522295
6938558
218
650
*RIBE-DD-001
RIB-Nine Iron
RIB East
145
-55
497928
6929449
270
443
*RIBE-DD-002
RIB-Nine Iron
RIB East
145
-55
497766
6929322
271
345
*RIBE-DD-003
RIB-Nine Iron
RIB East
145
-63
497524
6929337
271
398
*RIBE-DD-004
RIB-Nine Iron
RIB East
145
-60
497404
6920180
271
428
*RIBE-DD-005
RIB-Nine Iron
RIB East
155
-65
497530
6929401
270
472
*RIBE-DD-006
RIB-Nine Iron
RIB East
145
-60
497670
6929501
273
491
*RIBE-DD-007
RIB-Nine Iron
RIB East
325
-50
497798
6929101
274
467
*RIBE-DD-008
RIB-Nine Iron
RIB East
325
-55
498284
6929287
264
464
*RIBW-DD-001
RIB-Nine Iron
RIB West
150
-50
495831
6929490
274
503
*RIBW-DD-002
RIB-Nine Iron
RIB West
145
-55
497766
6929322
271
380
*RIBW-DD-003
RIB-Nine Iron
RIB West
325
-55
497645
6930031
275
347
*RIBN-DD-001
RIB-Nine Iron
RIB North
300
-65
499574
6929887
261
623
*RIBS-DD-001
RIB-Nine Iron
RIB South
150
-50
495747
6927640
277.5
377
KU-DD-002
RIB-Nine Iron
KU Target
30
-70
515525
6936210
251
616
KU-DD-003
RIB-Nine Iron
KU Target
30
-70
515758
6936059
268.5
56
KU-DD-003A
RIB-Nine Iron
KU Target
30
-68
515758
6936059
268.5
605
KU-DD-004
RIB-Nine Iron
KU Target
30
-60
515757
695641
255
602
KU-DD-005
RIB-Nine Iron
KU Target
210
-70
515980
6935734
256
302
KU-DD-006
RIB-Nine Iron
KU Target
30
-70
514794
6935805
275
647
ML-DD-013
Lac 50
ML Target
25
-50
523968
6939404
215
551
ML-DD-014
Lac 50
ML Target
25
-50
524869
6939109
206
407
* Previously released drillholes from 2025 Angilak Exploration Program
Figure 3: Striplog ML-DD-013 showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
Figure 4: Striplog ML-DD-014 showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
Figure 5: Striplog KU-DD-002 showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
Figure 6: Striplog KU-DD-003A showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
Figure 7: Striplog KU-DD-004 showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
Figure 8: Striplog KU-DD-005 showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
Figure 9: Striplog KU-DD-006 showing radioactivity based on 40TGU-1000 Triple Gamma Down Hole Probe 1 & 2 .
MARKET MAKING SERVICES
ATHA is also pleased to announce that it has engaged the services of ICP Securities Inc. (“ ICP “) to provide market making services in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes, which will be payable within five (5) business days of the receipt of an invoice from ICP by the Company, which will be provided on the first day of every month. The market making services agreement (the “ Agreement “) between the Company and ICP is dated effective November 3 rd , 2025, and is for an initial term of three (3) months (the “ Initial Term “). The Agreement will automatically renew for subsequent one (1) month terms (each month called an “ Additional Term “) unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement of ICP by the Company. ICP and its clients may acquire an interest in the securities of the Company in the future.
ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.
ICP is a closely held Canadian corporation and an arm’s length party to the Company. ICP and its affiliates do not own any securities in the Company.
About ICP Securities Inc.
ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.
Down Hole Gamma Probe
1. A Mount Sopris 40TGU-1000 Triple Gamma Geiger down hole probe was utilized for radiometric surveying.
2 The Company considers high-grade mineralization to be any interval with radioactivity derived from downhole gamma probe >10,000 CPS. The total gamma results provided were selected using an average cutoff of 500 CPS over intervals of 0.1 metre width. All drill intercepts are core width and true thickness is yet to be determined.
Core samples are submitted to the Saskatchewan Research Council (SRC) Geoanalytical Laboratories in Saskatoon. The SRC facility is ISO/IEC 17025:2005 accredited by the Standards Council of Canada (scope of accreditation #537). The samples are analyzed for a multi-element suite using partial and total digestion inductively coupled plasma methods, for boron by Na2O2 fusion, and for uranium by fluorimetry.
References for Historic Diamond Drilling Results and Surficial Sampling
3 For additional information regarding ATHA’s Angilak Project please refer to the Technical Report entitled “Technical Report on the Angilak Property, Nunavut, Canada” with an effective date of October 14, 2025, prepared by Matt Batty, MSc, P. Geo, who is a “qualified person” under NI 43-101, available under ATHA’s SEDAR+ profile at www.sedarplus.ca.
Qualified Person
The scientific and technical information contained in this news release have been reviewed and approved by Cliff Revering, P.Eng., Vice President, Exploration of ATHA, who is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About ATHA
ATHA is a Canadian mineral company engaged in the acquisition, exploration, and development of uranium assets in the pursuit of a clean energy future. With a strategically balanced portfolio including three 100%-owned post discovery uranium projects (the Angilak Project located in Nunavut, and CMB Discoveries in Labrador, and the newly discovered basement hosted GMZ high-grade uranium discovery located in the Athabasca Basin). In addition, the Company holds the largest cumulative prospective exploration land package (>7 million acres) in two of the world’s most prominent basins for uranium discoveries – ATHA is well positioned to drive value. ATHA also holds a 10% carried interest in key Athabasca Basin exploration projects operated by NexGen Energy Ltd. and IsoEnergy Ltd. For more information visit www.athaenergy.com .
On Behalf of the Board of Directors
Troy Boisjoli, CEO, ATHA Energy Corp
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. These forward-looking statements or information may relate to ATHA’s proposed exploration program, including statements with respect to the expected benefits of ATHA’s proposed exploration program, any results that may be derived from ATHA’s proposed exploration program, the timing, scope, nature, breadth and other information related to ATHA’s proposed exploration program, any results that may be derived from the diversification of ATHA’s portfolio, the prospects of ATHA’s projects, including mineral resources estimates and mineralization of each project, the prospects of ATHA’s business plans and any expectations with respect to defining mineral resources or mineral reserves on any of ATHA’s projects, and any expectation with respect to any permitting, development or other work that may be required to bring any of the projects into development or production.
Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management at the time, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Such assumptions include, but are not limited to, assumptions that the anticipated benefits of ATHA’s proposed exploration program will be realized, that no additional permit or licenses will be required in connection with ATHA’s exploration programs, the ability of ATHA to complete its exploration activities as currently expected and on the current anticipated timelines, including ATHA’s proposed exploration program, that ATHA will be able to execute on its current plans, that ATHA’s proposed explorations will yield results as expected, and that general business and economic conditions will not change in a material adverse manner. Although ATHA has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.
Such statements represent the current view of ATHA with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by ATHA, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Risks and uncertainties include, but are not limited to the following: inability of ATHA to realize the benefits anticipated from the exploration and drilling targets described herein or elsewhere; in ability of ATHA to complete current exploration plans as presently anticipated or at all; inability for ATHA to economically realize on the benefits, if any, derived from the exploration program; failure to complete business plans as it currently anticipated; overdiversification of ATHA’s portfolio; failure to realize on benefits, if any, of a diversified portfolio; unanticipated changes in market price for ATHA shares; changes to ATHA’s current and future business and exploration plans and the strategic alternatives available thereto; growth prospects and outlook of the business of ATHA; and the ability to advance the Company projects and its proposed exploration program; risks inherent in mineral exploration including risks related worker safety, weather and other natural occurrences, accidents, availability of personnel and equipment, and other factors; aboriginal title; failure to obtain regulatory and permitting approvals; no known mineral resources/reserves; reliance on key management and other personnel; competition; changes in laws and regulations; uninsurable risks; delays in governmental and other approvals, community relations; stock market conditions generally; demand, supply and pricing for uranium; and general economic and political conditions in Canada, Australia and other jurisdictions where ATHA conducts business. Other factors which could materially affect such forward-looking information are described in the filings of ATHA with the Canadian securities regulators which are available on ATHA’s profile on SEDAR+ at www.sedarplus.ca . ATHA does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEW YORK, NY / ACCESS Newswire / November 5, 2025 / Technology rarely reinvents something as timeless as gold. Yet SMX (NASDAQ:SMX), through its majority-owned subsidiary trueGold, is doing precisely that by embedding molecular-level proof into the world’s oldest store of value. What makes this special is that the proof added is as enduring as gold itself. It can travel with each nugget, bar, component, or jewelry piece indefinitely.
Once applied, SMX’s digital identity survives every melt, mint, and movement. That’s a result of the company’s molecular-marking system, which embeds an invisible chemical signature as early as the mine, creating a unique molecular serial number that survives refining, manufacturing, vaulting, and recycling. Each transfer is logged on a secure digital registry, producing a tamper-proof, end-to-end record of authenticity.
That innovation has drawn the interest of another big player. Adding to prior deals, SMX announced that trueGold has entered a strategic partnership with Goldstrom, a global precious-metals enterprise spanning trading, vaulting, logistics, bullion banking, and wealth management. The collaboration plans to integrate trueGold’s molecular-marking technology into Goldstrom’s advisory and operational framework, combining trueGold’s proof-based infrastructure with Goldstrom’s scale and market access.
Together, they plan to set a new standard for accountability and traceability across the gold supply chain. This time, compliance boxes will be checked by chemistry and digital verification rather than declarations.
A New Gold Standard
trueGold’s platform merges three distinct layers: a molecular marker, a proprietary reader, and a blockchain-secured registry. In simple terms, the system links physical matter, such as gold and other metals, to digital truth, allowing them to self-identify throughout their entire lifecycles. Once applied, the marker is permanent, invisible, and chemically neutral, as verified by independent Intertek testing under the AnchorCert Pro 2 protocol, demonstrating compliance with U.S., EU, and Canadian jewelry-safety standards.
But safety is only part of the story. The mission is accountability. Unlike conventional tracking that relies on paperwork or disconnected block-chain entries, trueGold authenticates the material itself. The result is proof that cannot be separated, altered, forged, duplicated, or lost.
Through its partnership with Goldstrom, that proof now enters one of the most globally integrated precious metals infrastructures. Goldstrom’s vaulting, logistics, and bullion-banking capabilities make it the ideal launch partner to move SMX’s technology from validation to full-scale commercial deployment. The value is this: the partnership transforms traceability from a technical feature into an operational standard for the entire sector. Call it as it is: a new gold standard for accountability.
Mining Plenty of Interest
Regulators are taking notice. The London Bullion Market Association (LBMA) has accredited SMX’s molecular-marker technology as a Gold Bar Security Feature, placing it among the industry’s most trusted authentication tools. That endorsement marks a pivotal moment where regulation, innovation, and market adoption align.
Goldstrom is placing an exclamation point on the value of that SMX win. By incorporating SMX’s traceability system into its client advisory work, it enables refiners, traders, and wealth managers to deliver verifiable ESG assurance to investors and institutions that demand it. The result is an auditable chain of custody that turns compliance into capital.
The industry isn’t the only potential winner. With SMX as the only known company capable of delivering molecular-level certification, stakeholders across the spectrum, from stakeholders to environmental advocates, stand to benefit. The ability to track gold with scientific precision under a single verifiable identity, from extraction to ownership to recycling, could unlock enormous financial and environmental impact across the supply chain. Combined with Goldstrom’s operational reach, that proof becomes the backbone of a next-generation accountability framework for precious metals.
Timing, As They Say, Is Everything
The timing could not be better. Consumer demands for transparency have outpaced the industry itself. IBM research shows that more than 70% of consumers would pay up to 40% more for products that are transparent and traceable. PwC reports an average 10% premium for sustainably sourced goods. Those margins represent billions in unrealized value for brands and institutions able to verify the origin of their materials.
In other words, by embedding identity directly into gold, SMX and trueGold turn sustainability into substance, doing so at a fraction of the value it creates. Even better, their molecular markers can distinguish recycled content, authenticate origin, and verify purity without disrupting design or production. That capability resonates across the entire supply chain. And now, through Goldstrom’s advisory network, this technology can reach even niche markets, transforming traceability from a regulatory requirement into a commercial advantage.
SMX’s move into precious metals through trueGold is not a new experiment. It is an evolution of an investment. The partnership with Goldstrom takes that even further by transforming the company’s molecular science into infrastructure, creating a global framework built on proof instead of promise. Each collaboration, from secure logistics to digital verification, reinforces the same principle: authenticity is no longer assumed. It is engineered and embedded.
What began as a molecular marking breakthrough at SMX has become a market architecture connecting physical matter with digital certainty. For the first time, gold does not just hold value; it proves it. In that sense, SMX and trueGold have positioned themselves not only as the arbiters of trust but as the architects of the precious-metals market’s next era, where proof is currency.
About SMX
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 gold, 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.
AUCKLAND, NZ / ACCESS Newswire / November 5, 2025 / Michelin is pleased to announce the arrival of the MICHELIN Guide in Aotearoa New Zealand, marking its first-ever expansion into Oceania. The inaugural edition will cover four vibrant culinary destinations: Auckland, Wellington, Christchurch, and Queenstown.
Set to be unveiled in the middle of 2026, the restaurant selection process is already under way, as MICHELIN Guide Inspectors are currently on the ground, dining anonymously to identify the very best restaurants that showcase the unique character of Auckland, Wellington, Christchurch, and Queenstown culinary scenes.
Gwendal Poullennec, International Director of the MICHELIN Guide states: “We are thrilled to bring the MICHELIN Guide to Aotearoa New Zealand for the very first time. The country offers a rich and diverse culinary landscape, shaped by its indigenous Māori heritage, Pacific influences, and a new generation of chefs who champion local produce with creativity and passion. By highlighting the exceptional restaurants of Auckland, Wellington, Christchurch, and Queenstown, we hope to share with the world the unique flavours and talent that make New Zealand such an exciting gastronomic destination.”
The expansion of the MICHELIN Guide to Aotearoa New Zealand is made possible through the valued support of Tourism New Zealand.
New Zealand’s Minister for Tourism and Hospitality, Louise Upston said: “This recognition is more than a win for our chefs and winemakers – it’s a triumph for our entire hospitality and tourism sector. It celebrates the incredible dedication and talent of the people who bring our food and beverage experiences to life every day.”
Tourism New Zealand Chief Executive René de Monchy said: “We couldn’t be prouder of our vibrant food and beverage scene, and it’s thrilling to see it now shining on the international stage through the prestigious MICHELIN Guide. The recognition not only celebrates our culinary excellence but also signals to the world that New Zealand is a must-visit destination. We warmly invite the world to come and experience it for themselves – to taste the flavours of this land and discover the stories behind every plate and pour.”
A Gourmet Destination
Aotearoa New Zealand is a land shaped by a fusion of cultures, and contemporary cosmopolitan influences. Its cuisine reflects this melting pot of traditions, combined with an abundance of world-class local produce. From fresh seasonal vegetables to iconic grass-fed lamb and beef, New Zealand ingredients are elevated into modern cuisine which include international flair and paired with some of the world’s most acclaimed wines.
Joining the MICHELIN Guide puts New Zealand on the global culinary map, a destination where food is an experience worth travelling for. It validates the excellence of New Zealand’s chefs, producers and hospitality and invites discerning travellers to explore through taste. With Michelin’s spotlight, New Zealand’s food story becomes part of a global conversation – driving tourism, elevating local talent and deepening international appreciation for its unique flavours and manaakitanga.
The MICHELIN Guide Worldwide app for iOS and Android devices.
About Michelin: Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world. Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare. The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide. Headquartered in Clermont-Ferrand, France, Michelin is present in 175 countries and employs 129,800 people. (www.michelin.com).
Shareholders, Investors, and followers are invited to join CEO Brett H. Pojunis on X Spaces for an open discussion on revenue growth, scaling, and upcoming opportunities.
LAS VEGAS, NV / ACCESS Newswire / November 5, 2025 / GPO Plus, Inc.(OTCQB:GPOX), an AI-powered Distributor revolutionizing distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model, today announced a live Investor Q&A session hosted via X Spaces.
The Investor Q&A is scheduled for 4:00 PM Eastern Standard Time on Thursday, November 6th, 2025. This Q&A will feature our Chief Executive Officer, Brett H. Pojunis. Questions will be accepted from the audience during the live event.
The Live Investor Q&A will feature updates on the company’s recent revenue growth, scaling model, partnerships, and goals for 2026.
GPOX is an AI-powered Distributor revolutionizing the future of distribution to gas stations and convenience stores with its innovative technology-driven Direct Store Delivery (DSD) model. Our goal is clear and ambitious: “to build the largest nationwide DSD distribution company servicing gas stations, convenience stores, and beyond.” Our technology-driven AI network, featuring strategically placed Regional Hubs and Mini Hubs, is designed to optimize efficiency and maximize reach. Central to our operations is our in-house AI technology platform, PRISM+. Designed to streamline the distribution process, PRISM+ supports efficient delivery, inventory management, data analytics, and overall operational excellence, enabling us to reliably and effectively meet the dynamic needs of our partners. Our mission is to consolidate the fragmented market segment managed by numerous regional vendors. Our dedication to excellence is evident in our product selection process, where we align offerings with consumer demand and partner with top-tier vendors and brands, ensuring our portfolio remains diverse and highly profitable. For more information, please visit www.GPOPlus.com.
Forward-Looking Statements
This press release contains “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 GPO Plus, Inc.’s (“the Company” or “GPOX”) expected financial performance, business growth, strategic initiatives, product development, market opportunities, and future events. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “continue,” or the negative of these terms or other comparable terminology.
These statements are based on management’s current expectations, estimates, projections, and assumptions, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause or contribute to such differences include, among others: the Company’s ability to raise additional capital; changes in consumer demand or market conditions; competition; changes in applicable laws and regulations (including those related to hemp, cannabis, and cannabinoids); dependence on key personnel; supply chain constraints; product liability risks; reliance on third-party partners and vendors; volatility in the trading price of the Company’s common stock; and other risks described in the Company’s filings with the Securities and Exchange Commission (“SEC”), available at www.sec.gov.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Company Contacts:
GPOX Shareholder Success Team: Brett H. Pojunis, CEO Email: ir@gpoplus.com Shareholder’s Line: 855.935.GPOX (4769)
Revenue Growth Accelerated from 18% YoY in Second Quarter, and is expected to Surpass 30% YoY in Fourth Quarter
Third Quarter EBITDA margin increased by more than 200bps YoY, leading to LTM EBITDA margin of more than 10%
LTM Revenue Surpasses €50M with More than €5M in LTM EBITDA
Company is Working on Completing Acquisition Closing Requirements
BERLIN, DE / ACCESS Newswire / November 5, 2025 / Sportstech Brands Holding GmbH (“Sportstech” or the “Company”), a leading provider of connected fitness equipment and digital content in Europe, today provided an update on its continued top-line momentum and positive EBITDA improvements as it works to finalize the closing of its pending acquisition by Interactive Strength Inc. (Nasdaq:TRNR).
Sportstech reported that revenue in the third quarter of 2025 was 24% higher than the same period last year, coming in at almost €12 million. This is an acceleration from the 18% growth achieved in the second quarter of 2025.
Given its fourth-quarter performance to date and planned new product releases, Sportstech expects that its revenue growth for the fourth quarter, its highest-revenue quarter, will accelerate still further and exceed 30% YoY.
This acceleration continues to be driven by working capital from pending acquirer TRNR that increases inventory availability, enabling Sportstech to better meet consumer and market demands. For the last twelve months (LTM) through September, Sportstech has generated more than €50 million in revenue and more than €5 million in EBITDA.
“Our continued monthly and YoY momentum shows just how much demand there is for our products and fitness content, when we’re coordinated with the larger TRNR platform and have better access to working capital,” said Ali Ahmad, Founder and CEO of Sportstech. “The addition of Caleb Morgret to the TRNR team also is helping us also accelerate the completion of the closing requirements. Our big ambitions remain, and we expect the post-closing period to be even more exciting than our growth is currently.”
The pending acquisition by TRNR is expected to close as soon as all approvals are received, and the partnership will combine Sportstech’s strong European presence with TRNR’s premium connected fitness brands, Wattbike, CLMBR and FORME, creating a more diverse and scalable international platform in the digital fitness and equipment category.
About Sportstech Brands Holding GmbH:
Sportstech is Germany’s leading connected fitness brand, offering a unique ecosystem of smart fitness equipment, interactive digital content, and gamified training experiences. Headquartered in Berlin, the company serves over three million customers across the DACH region, France, and Spain – combining German engineering with a fast-moving, tech-driven approach to home fitness.
Founded in 2012 by CEO Ali Ahmad, Sportstech was born out of a deeply personal mission to redefine the way people engage with fitness. What began as a transformation story became one of Europe’s most dynamic direct-to-consumer fitness brands – driven by innovation, design, and a clear focus on long-term motivation.
With a portfolio of display-equipped devices, proprietary apps, and exclusive content such as fitness games and AI-based training assistants, Sportstech empowers individuals to train smarter, stay consistent, and enjoy every step of their fitness journey.
WASHINGTON, DC / ACCESS Newswire / November 4, 2025 / Trust Consulting Services, Inc. (Trust), under the strategic vision and leadership of founder and CEO JW Radford, is proud to announce its appearance in the Winter 2025/26 profile of the prestigious Inc. 5000 list of America’s fastest-growing private companies. Trust achieved ranking No. 3035, a testament to its high-growth trajectory and commitment to excellence in the federal contracting and professional services arena.
A Milestone in the Trust Growth Story
This recognition marks a significant milestone in Trust’s evolution. Under JW Radford’s leadership, the company has built a dynamic platform that spans federal acquisitions, cybersecurity services, logistics support, and professional staffing – all while maintaining a culture of performance, ethics, and innovation. According to Trust’s corporate narrative, the firm is a “full-service consultancy based in Washington, D.C., offering cost-effective, customer-focused, and scalable solutions.”
JW Radford, a former USAF contracting officer and acquisitions subject-matter expert, launched Trust in 2015 with a bold vision: to build a trust-based firm that delivers mission-critical services to government and commercial clients at scale. Over the past decade, Trust has scaled rapidly, driven by disciplined operations, a metrics-based governance structure, and a relentless focus on deep-dive staffing, training, and quality assurance.
Why This Recognition Matters
Being featured on the Inc. 5000 signals that Trust is outperforming thousands of peer firms across the country in terms of revenue growth, strategy execution, and operational scalability. For clients, partners, and stakeholders, this external validation offers three key assurances:
Sustained Growth – Trust is not a flash-in-the-pan startup but a maturing enterprise executed over years of consistent performance.
Credibility & Maturity – Ranking on the Inc. list underscores credibility with federal agencies, prime contractors, and commercial enterprises seeking proven execution and vendor stability.
Empowered Leadership & Culture – Under Radford’s stewardship, Trust has built a culture around accountability, innovation, and human-capital development – which serves as a competitive differentiator.
Key Insights from JW Radford
“This recognition by Inc. is not just about numbers – it’s about people … our team, our family, our mission. At Trust, we believe everyone is born with a passion to achieve their dreams and goals, but circumstances can sabotage those dreams. We must rediscover and tap into that lost passion to overcome obstacles and realize our dreams. That’s what every person at Trust lives every day. This ranking is for them.” – JW Radford, CEO, Trust Consulting Services, Inc.
Looking Ahead: Strategic Priorities for 2026 and Beyond
As Trust enters its next growth chapter, the company remains laser-focused on several strategic priorities:
Expanding its DoD-cybersecurity training school initiative, designed to up-skill cleared professionals for evolving mission demands.
Building an AI Center of Excellence, under the brand EchoHostAI™, to deliver next-generation analytics and rapid decision-support capabilities.
Pursuing organic and inorganic growth through targeted acquisitions of boutique firms that enhance vertical depth or geographic footprint (with an expressed goal of workforce optimization and overhead reduction by 20-30%).
Further strengthening its philanthropic and community impact work, including the Courage to Climb Foundation and scholarship programs championed by the Radford family.
About Trust Consulting Services
Trust Consulting Services (Trust) is a high-growth government and commercial services firm headquartered in Waldorf, MD, with a presence across the continental United States. Founded in 2015 by JW Radford, Trust provides full-spectrum contract solutions – including acquisitions support, program management, cybersecurity training, logistics/resupply, and professional staffing – to federal agencies, prime contractors, and commercial clients.
With a culture rooted in “performance with integrity,” Trust applies rigorous governance, metrics-driven quality processes, and human-capital investment to deliver mission-critical outcomes. Visit www.trustconsultingservices.com for more information.
NEW YORK, NY / ACCESS Newswire / November 5, 2025 / Every industrial revolution has a birthplace. The steam engine had Birmingham. The microchip had Silicon Valley. The circular economy now has Valladolid. Inside this quiet corner of Spain, a transformation is taking shape that could define Europe’s next century of growth. SMX (NASDAQ:SMX), the company turning physical materials into digital assets, has announced plans to collaborate with CARTIF, Spain’s powerhouse research center, to give circularity a capital city in the EU, and, as importantly, to give the continent proof that progress can be measured in molecules instead of paper and faith.
For decades, sustainability lived in the margins of reports and the language of pledges. Europe promised to reuse, recycle, and reduce. But without verification, ambition stayed abstract. Valladolid is where that changes. Here, in the heart of Castilla y León, industry, government, and innovation have converged around one simple idea: circularity cannot exist without proof. That proof now exists in the form of SMX’s molecular “physical-to-digital” platform, a system that gives every material its own digital passport from birth to rebirth.
CARTIF, one of Spain’s leading applied-research institutions, has been waiting for a tool like this. Its pilot plants, industrial demonstrators, and sustainability programs cover packaging, renewables, construction, automotive materials, and more. By embedding SMX’s traceability system into that ecosystem, the region gains something rare: the ability to track, trace, and certify every recycled or recovered resource in real time. What once required endless documentation can now be confirmed by chemistry itself. And in minutes, not days, weeks, months, or even years.
Tracking the Billions Made
That advance has implications far beyond the lab. The Castilla y León region contributes over €12 billion to Spain’s economy. Now, through CARTIF, that industrial output is set to become more efficient, more compliant, and more bankable. Not through billions more in investment but by making proof an asset. This isn’t the traditional proof on paper.
With SMX technology embedded, manufacturers can instantly digitally verify the origin and lifecycle of materials, unlocking ESG-linked financing, export credentials, and premium market value. Following Singapore’s unprecedented move to “prove” circularity with SMX, CARTIF also intends to show that sustainability carries not just moral weight but measurable worth.
The story unfolding in Valladolid feels less like policy and more like destiny. Every technological movement has its ignition point, the place where theory meets function. For the circular economy in the EU, this is it. SMX’s molecular tracers allow materials to remember all their past lives, while CARTIF’s industrial infrastructure gives them a new one. Together, they form an immutable feedback loop of regeneration that connects research labs, production lines, logistics hubs, and financial institutions into a single transparent system of truth.
Using Innovation as a Mint
CARTIF’s Deputy General Manager, Sergio Sanz, described the alliance in absolute terms: “Our mission is to deploy technologies that help stakeholders meet their sustainability goals. SMX’s platform offers exactly the kind of breakthrough capability our clients need to prove and improve circular performance.” That clarity of purpose turns Valladolid into more than a regional project. It makes it the newest testing ground for an entirely new kind of economy where verification itself fuels competitiveness. And compliance.
Imagine a future where every product, from an EV battery to a building panel, carries a digital history encoded within it. Governments could track compliance in seconds. Stakeholders could verify environmental impact before allocating capital. Consumers could choose brands based on proof instead of marketing. That is the world SMX and CARTIF are constructing from the inside out. Just like in Singapore, the infrastructure being built in Valladolid will ripple across borders, creating a unified standard for measurable sustainability.
Spain’s advantage lies not only in its innovation but in its timing. As the EU tightens environmental legislation and mandates traceability for everything from packaging to rare earths, Valladolid is already living in that future. The SMX-CARTIF collaboration gives Spain a practical head start, turning ESG compliance from a regulatory burden into a competitive export. The country that once powered Europe with steel and ceramics is now poised to power it again. This time, using proof as its primary asset.
Powering the Industrial Revolution 3.0
Every industrial revolution rewrites how value moves. Version 2.0 digitized communication and commerce. This newest version, 3.0, will digitize materials itself. And here’s the thing to know most: SMX’s technology doesn’t just digitize resources to trace them; it transforms them into verified data streams that can be priced, financed, and traded. It’s an entirely new economy-one where the molecules we use tell their own story of accountability.
Valladolid is no longer just a dot on Spain’s map. It is becoming the blueprint for Europe’s circular future. What Silicon Valley was to software, Valladolid is to EU sustainability. A proving ground where science meets scale, and where trust isn’t assumed, it’s earned. The EU’s verified economy is being forged in Valladolid, one material at a time, in a city that has risen from the factory floor to the world stage as more than a contributor to the circular mission. It is becoming the EU’s capital of proof.
About SMX
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 gold, 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.
