Strong Results Reflect Rising Demand, Business Growth, and Strategic Investments Amid Saudi Arabia’s Accelerating Energy Transition
RIYADH, SA / ACCESS Newswire / August 10, 2025 / Saudi Electricity Company (SEC) continued to deliver robust financial and operational performance in the second quarter and first half of 2025. Revenue for Q2 grew by 24% to reach SAR 27.7 billion, while gross profit rose by 42% to SAR 7.4 billion. Operating profit increased by 21% to SAR 6.8 billion, and net profit reached SAR 5.3 billion-marking a 22% year-on-year increase.
For the first half of 2025, SEC reported a revenue growth of 23%, totalling SAR 47.2 billion. Gross profit rose by 40% to SAR 10.2 billion, operating profit increased by 20% to SAR 9.1 billion, and net profit grew by 19% to SAR 6.3 billion compared to the same period in 2024.
This strong financial performance was primarily driven by higher allowed revenue due to the growth of the regulated asset base of the electricity network and increased electricity production revenues in response to rising energy demand. These gains were partially offset by higher operating and maintenance expenses due to network expansion, asset growth, and increased loads, as well as a rise in provisions for accounts receivable and a decrease in other income.
SEC noted that the expansion of its regulated asset base reflects the continued growth in its transmission and distribution networks to meet increasing electricity demand, support renewable energy integration, and advance energy storage projects. The company is also maintaining strategic investments in digital transformation and operational excellence initiatives.
Commenting on the results, Engineer Khalid bin Salim Al-Ghamdi, Acting CEO of SEC, stated:
“Our positive performance in the first half of 2025 reflects the company’s continued growth across its business portfolio and asset base. It aligns with our strategy to provide reliable and secure electricity across the Kingdom, improve service quality for our customers, and advance sustainability and operational excellence.
We are committed to further strengthening our position and leveraging the significant opportunities emerging from the energy transition in Saudi Arabia, in line with the ambitions of Vision 2030-enabled by the dedication of our talented national workforce and our unwavering commitment to serving the nation.”
As of the end of H1 2025, the renewable energy capacity connected to the grid exceeded 9.2 GW, and the company successfully commissioned 8.0 GWh of battery energy storage systems across four sites: Bisha, Jazan, Khamis Mushait, and Najran.
SEC is currently developing an additional 14 GWh of storage capacity, expected to be operational and grid-connected next year, further strengthening grid reliability and renewable energy integration.
Reaffirming its commitment to embedding sustainability throughout its operations and enhancing its ESG practices, SEC achieved a significant leap in its Environmental, Social, and Governance (ESG) rating from S&P Global, earning 65 out of 100 in 2025. This marks a 30% increase over2024 and an 85% improvement over 2023.
This accomplishment places SEC at the top of all companies in Saudi Arabia and as the regional leader in the energy sector across the Middle East and North Africa, surpassing the global utilities sector average by 66%, reinforcing its global leadership in sustainability performance.
Electricity demand continued to rise in H1 2025, with peak load growing by 3% to 75.1 GW, and total electricity consumption increasing by 10% to reach 160.5 terawatt-hours. SEC successfully met record-breaking peak loads in Makkah, Madinah, and the Holy Sites during the 1446H Hajj season without a single service interruption-thanks to the company’s full mobilization of resources to serve pilgrims and ensure their comfort.
The company also made strong progress in service expansion and infrastructure development. SEC connected around 110,000 new customers, bringing the total customer base to 11.4 million. The length of the distribution network grew by 6% to exceed 827,000 circuit kilometers, while transmission and fiber optic networks grew by 6% and 9%, respectively, reaching 103.8 thousand and 101 thousand circuit kilometers.
As part of its efforts to enhance service reliability and customer experience, SEC continued digital infrastructure upgrades and automated distribution substations, connecting them to control centers via fiber optic networks.
The automation rate of distribution substations reached 38.4%, and customer satisfaction rose to 85.8%, underscoring improvements in service quality and communication effectiveness.
Contact Information
Saudi Electricity Company (SEC) Saudi Electricity Company (SEC) Media Relations Department alkahrabacare@se.com.sa Unified Call Center: 920000222
NEW YORK CITY, NY / ACCESS Newswire / August 9, 2025 / New to The Street, one of the nation’s longest-running business television brands, will broadcast Show #683 on Bloomberg today at 6:30 PM EST. This week’s episode features four dynamic companies making waves in healthcare, biotech, blockchain gaming, and sports partnerships: BioVie Inc., FLOKI, PetVivo Holdings, Inc., and NRx Pharmaceuticals, Inc.
The program, airing as sponsored programming, will also mark the television commercial debut of FLOKI, introducing the fastest-growing Valhalla Game to Bloomberg’s national audience.
Pedro Vidal, Chief Relationship Officer of FLOKI, discusses how the FLOKI Trading Bot has become the leader on the BNB Chain, giving traders advanced, user-friendly tools to maximize opportunities in the crypto market. Vidal also highlights the Valhalla Game’s explosive success, where assets acquired in-game can be used in the real world – a groundbreaking integration of gaming and blockchain utility. Gamers are already winning Vera tokens, with over 100,000 Veras minted to date. For more information, visit FLOKI.com and Valhalla.Game.
Jonathan Javitt, Founder, Chairman, and CEO of NRx Pharmaceuticals (NASDAQ:NRXP), discusses the Company’s recent Citizen Petition to the U.S. Food and Drug Administration (FDA) seeking the removal of benzethonium chloride from all forms of ketamine sold in the United States. Benzethonium chloride, a preservative with known toxicity, is no longer allowed in hand cleansers, topical antiseptics, and many ophthalmic products. NRx has developed a preservative-free ketamine formulation with three-year stability, filed a supporting patent, and is pursuing FDA approval, including a potential labeled indication for treating suicidal depression under the FDA Commissioner’s National Priority Voucher Program.
Cuong Do, President and CEO of BioVie Inc. (NASDAQ:BIVI), provides an update on two ongoing Phase 3 clinical trials for Bezisterim. The first trial targets newly diagnosed Parkinson’s patients entering therapy for the first time – potentially making Bezisterim the first new therapy for Parkinson’s disease in more than 50 years. The second trial focuses on long COVID, specifically how Bezisterim may alleviate brain fog and fatigue, conditions affecting an estimated 17 million Americans. Both trials are expected to deliver top-line data in the first half of 2026.
John Lai, CEO of PetVivo Holdings, Inc. (NASDAQ:PETV), joins Chase Chamberlin, Managing Partner at Commonwealth, to discuss their strategic partnership in the thoroughbred horse racing industry. Together, they aim to advance equine wellness by introducing PetVivo’s innovative SPRYNG™ with OsteoCushion™ Technology into elite racing circles, offering a natural solution to maintain joint health in performance horses.
About New to The Street For over 16 years, New to The Street has broadcast weekly as sponsored programming on Bloomberg Television and Fox Business, conducting more than 2,000 interviews with leaders from public and private companies. The brand operates the largest and fastest-growing digital business channel, New to The Street TV on YouTube, with over 3.16 million subscribers, delivering all-business, no-ads content.
As a complete media ecosystem, New to The Street combines long-form television interviews, short-form TV commercials, iconic outdoor billboards, and the largest digital business platform to deliver predictable media for companies seeking to share their stories with investors, customers, and global audiences.
For more information about upcoming episodes and featured companies, visit: www.NewToTheStreet.com
Steps Detox has officially opened a new facility in Lake Charles, Louisiana, expanding access to medically supervised detox and addiction recovery services for residents across Southwest Louisiana and the Acadiana region. Located near the heart of Lake Charles, Steps Detox – Lake Charles is positioned to serve communities including Scott, Broussard, Opelousas, New Iberia, and surrounding areas.
The new location offers the same standard of care established at the organization’s Lafayette facility, focusing on personalized, evidence-based treatment that acknowledges the unique nature of each individual’s recovery journey. Steps Detox – Lake Charles accepts most major insurance plans, including Medicaid, in an effort to make treatment more accessible and reduce barriers to care.
“Our team is honored to bring our person-first approach to Lake Charles,” said Roy Viger, Owner of Steps Detox. “We’ve seen the difference compassionate, individualized treatment can make. Expanding to this area allows us to reach more individuals and families in need, and we’re excited to support long-term recovery in this community.”
The addiction treatment center in Lake Charles offers various services tailored to the diverse needs of individuals seeking treatment. One of its signature offerings is veteran addiction support, recognizing the specific challenges former service members face. According to national data, more than one million veterans meet the criteria for substance use disorder, with high rates of alcohol and illicit drug use. Steps Detox – Lake Charles provides dedicated programming for veterans, including medication-assisted treatment, individual counseling, and peer group therapy sessions. These services are designed to address both the physical aspects of addiction and the emotional and psychological toll of military experience. The veteran-focused program also includes aftercare planning to ensure continued access to support networks and recovery resources following discharge.
Steps Detox – Lake Charles also offers a 30-day residential treatment program that provides a stable and structured environment for individuals in early recovery. Residents receive around-the-clock care, including medication-assisted treatment where clinically appropriate, individual and group therapy, and discharge planning. The residential program is intended to give individuals the opportunity to focus entirely on recovery, away from everyday triggers, in a therapeutic setting supported by licensed medical and behavioral health professionals.
Medication-assisted treatment, or MAT, is an integral component of care at Steps Detox. MAT involves the use of FDA-approved medications to ease withdrawal symptoms and reduce cravings, and is delivered in conjunction with therapy and counseling. At the Lake Charles location, MAT services are overseen by trained addiction specialists who develop and monitor individualized treatment plans to ensure safety and effectiveness. The goal of MAT is to support stabilization and provide a foundation for lasting sobriety.
Enrollment into treatment at Steps Detox – Lake Charles begins with a confidential phone assessment, followed by an in-person evaluation within 24 hours. From there, the clinical team develops a personalized treatment plan focused on each individual’s medical, psychological, and emotional needs. Ongoing support is provided throughout and after treatment to promote sustainable recovery.
Steps Detox continues to serve patients at its original Lafayette location and remains committed to expanding high-quality addiction care across Louisiana.
The organization’s expansion into Lake Charles reflects its mission to provide accessible, person-centered services that help individuals regain control of their lives and health.
To learn more, contact Steps Detox – Lake Charles at 337-366-8685 or visit www.stepsdetox.com.
145 Victoria Dr
Lake Charles, LA 70611
About Steps Detox
Steps Detox is an addiction treatment provider with locations in Lafayette and Lake Charles, Louisiana. The organization offers medically supervised detox, residential treatment, medication-assisted treatment, veteran-focused programming, and aftercare planning. Each facility is staffed by licensed professionals who deliver individualized, evidence-based care to help clients achieve and maintain long-term recovery.
Champion Movers has just expanded its services to reach the Lexington, Kentucky area. This step will bring top-notch moving solutions to local residents and businesses. Known for its dedication and professionalism, Champion Movers is growing to provide a wider range of services. The company has always prioritized making the moving process smooth and easy for customers.
In this new venture, Champion Movers Lexington Ky will offer a full suite of services to handle both local and regional moves. The primary goal is to reduce the stress that often comes with moving. By broadening its offerings, Champion Movers aims to enhance the moving experience for clients with customized solutions that fit different needs. This approach shows the company’s commitment to meeting the unique demands of the Lexington community, offering reliable service options tailored to each client.
A representative from Champion Movers expressed the company’s excitement about this expansion: “Our team is excited to bring our trusted services to more people in the Lexington area. Expanding our footprint here allows us to provide enhanced support for families and businesses looking to relocate efficiently and reliably. We are committed to offering a broad range of services that address the unique needs of our clients in this vibrant community.”
Along with its expansion, Champion Movers is introducing specialized services such as expert packing and unpacking, efficient furniture assembly and disassembly, and secure transport of valuable items. This approach streamlines every part of the move, making it more hassle-free for customers. With a focus on detail and trained staff, the company aims to take the headaches out of moving. Clients seeking residential and commercial moving solutions can find assurance in Champion Movers’ established expertise. More details can be discovered by visiting their website.
Champion Movers puts a strong emphasis on safety and security, handling all items with care. Their new services include measures to protect belongings from packing to final delivery. These are part of the company’s promise to be reliable and trustworthy in all its efforts.
The representative shared: “We’re proud to extend our service portfolio in Lexington. Our focus has always been on delivering exceptional service that our clients can depend on, and this expansion reaffirms our dedication to quality and customer satisfaction. By expanding our service offerings, we’re better equipped to meet the varying needs of our clients, from small residential moves to larger corporate relocations.”
For those curious about the new services Champion Movers offers, detailed information can be found on their website at https://s3.us-east-2.amazonaws.com/championmovers.net/CMR-index.html. For those needing services like loading and unloading or moving of heavy items, visiting the platform provides insights into how such tasks are meticulously handled. This online resource gives an overview of the services available, along with options for customization. Clients are encouraged to use this platform to see how Champion Movers can tailor their moving experience to be more efficient and effective.
In summary, Champion Movers is making a strategic move by expanding in the Lexington area. This shows its dedication to delivering quality service and great convenience for anyone in need of reliable moving solutions. By addressing service access and efficiency gaps, this growth marks a significant step forward for the company. It underscores their commitment to meeting client needs, making Champion Movers a leader in the moving industry. Through this expansion, they offer valuable support and peace of mind for clients during their moving journey.
NEW CANAAN, CT / ACCESS Newswire / August 8, 2025 / Network-1 Technologies, Inc. (NYSE AMERICAN:NTIP) (“Network-1”), a company specializing in the acquisition, development, licensing, and monetization of its intellectual property assets, today announced financial results for the second quarter ended June 30, 2025.
Network-1 reported no revenue for the three months ended June 30, 2025, and revenue of $150,000 for the six months ended June 30, 2025, compared to revenue of $100,000 for the three and six months ended June 30, 2024. Revenue in 2025 and 2024 was from litigation settlements involving Network-1’s Remote Power Patent.
Network-1 reported a net loss of $463,000, or $0.02 per share basic and diluted, for the three months ended June 30, 2025, compared to a net loss of $658,000, or $0.03 per share basic and diluted, for the same period in 2024. Included in the net loss is Network-1’s share of the net loss of its equity investee (ILiAD Biotechnologies, LLC) of $279,000 and $677,000 for the three months ended June 30, 2025, and 2024, respectively.
For the six months ended June 30, 2025, Network-1 reported a net loss of $826,000, or $0.04 per share basic and diluted, compared to a net loss of $1,578,000, or $0.07 per share basic and diluted, for the same period in 2024. Included in the net loss is Network-1’s share of the net loss of its equity investee (ILiAD Biotechnologies, LLC) of $741,000 and $1,305,000 for the six months ended June 30, 2025, and 2024, respectively.
On June 27, 2025, Network-1 commenced patent litigation against Samsung Electronics Co., LTD and Samsung Electronics America, Inc. (collectively, “Samsung”) in the United States District Court for the Eastern District of Texas, Marshall Division, for infringement of certain patents within Network-1’s M2M/IoT Patent Portfolio. The lawsuit alleges that Samsung infringes Network-1’s patents by supporting certain eSIM (embedded Subscriber Identification Module) and 5G technologies in its mobile devices, including its Galaxy smartphones, watches and tablets.
On March 31, 2025, Network-1 acquired a patent portfolio from IoT and M2M Technologies, LLC, relating to, among other things, enabling technology to support the interoperability of smart home IoT devices (the “Smart Home Patent Portfolio”). The Smart Home Patent Portfolio currently consists of eight (8) U.S. patents and one (1) international patent as well as eleven (11) U.S. pending patent applications and five (5) pending international patents.
On June 17, 2025, the Board of Directors authorized an extension and increase of Network-1’s share repurchase program (the “Share Repurchase Program”) to repurchase up to $5,000,000 of common stock over the subsequent 24-month period. The common stock may be repurchased from time to time in open market transactions or privately negotiated transactions at Network-1’s discretion except for repurchases under its 10b5-1 plans. The timing and amount of the shares repurchased is determined by management, except for repurchases under its 10b5-1 plans, based on its evaluation of market conditions and other factors. The Share Repurchase Program may be increased, suspended or discontinued at any time. Since the inception of the Share Repurchase Program through June 30, 2025, Network-1 has repurchased an aggregate of 10,525,705 shares of its common stock at an aggregate cost of $20,185,549 (exclusive of commissions) or an average per share price of $1.92. During the three months ended June 30, 2025, Network-1 repurchased 44,811 shares at a cost of $55,337 (exclusive of commissions), or an average price of $1.23 per share. During the six months ended June 30, 2025, the company repurchased 151,473 shares at a cost of $202,194 (exclusive of commissions), or an average price of $1.33 per share. As of June 30, 2025, the remaining dollar value of shares that may be repurchased under the Share Repurchase Program was $4,994,853.
As of June 30, 2025, Network-1 had cash and cash equivalents and marketable securities of $38,485,000 and working capital of $38,288,000. Based on its current cash position, Network-1 believes it has sufficient resources to fund operations for the next twelve months and the foreseeable future.
Network-1 continues to pay dividends consistent with its dividend policy, which consists of semi-annual cash dividends of $0.05 per share ($0.10 per share annually), typically paid in March and September. On February 19, 2025, Network-1’s Board of Directors declared a semi-annual cash dividend of $0.05 per share, paid on March 28, 2025 to shareholders of record as of March 14, 2025. The dividend policy is reviewed periodically and may be adjusted based on earnings, financial requirements, and other relevant factors.
ABOUT NETWORK-1 TECHNOLOGIES, INC.
Network-1 Technologies, Inc. is engaged in the acquisition, development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns one hundred fifteen (115) U.S. patents and seventeen (17) international patents covering various technologies, including enabling technology for authenticating and using eSIM technology in Internet of Things (“IoT”), certain advanced technologies related to high frequency trading, technologies relating to document stream operating systems and the identification of media content and enabling technology to support, among other things, the interoperability of smart home IT devices. Network-1’s current strategy includes efforts to monetize four patent portfolios (the M2M/IoT, HFT, Cox and Smart Home portfolios). Network-1’s strategy is to focus on acquiring and investing in high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1’s Remote Power Patent has generated licensing revenue in excess of $188,000,000 from May 2007 through June 30, 2025. Network-1 has achieved licensing and other revenue of $47,150,000 through June 30, 2025 with respect to its Mirror Worlds Patent Portfolio.
This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning Network-1’s business plans. Such statements are subject to a number of risk factors and uncertainties as disclosed in the Network-1’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission on February 28, 2025and its Quarterly Report on Form 10-Q for the three months ended June 30, 2025 filed with the SEC on August 8, 2025 including, among others, Network-1’s uncertain revenue from licensing its intellectual property, uncertainty as to the outcome of pending litigation involving Network-1’s HFT Patent Portfolio and its M2m/IoT Patent Portfolio, whether Network-1 will be successful in its appeal to the Federal Circuit of the District Court judgment of non-infringement dismissing Network-1’s litigation against Google and YouTube involving certain patents within its Cox Patent Portfolio, the ability of Network-1 to successfully execute its strategy to acquire or make investments in high quality patents with significant licensing opportunities, Network-1’s ability to achieve revenue and profits from its Cox Patent Portfolio, M2M/IoT Patent Portfolio, HFT Patent Portfolio and Smart Home Portfolio, as well as a successful outcome on its investment in ILiAD Biotechnologies, LLC or other intellectual property it may acquire or finance in the future, the ability of Network-1 to enter into additional license agreements, uncertainty as to whether cash dividends will continue be paid, Network-1’s ability to enter into strategic relationships with third parties to license or otherwise monetize their intellectual property, the risk in the future of Network-1 being classified as a Personal Holding Company which may result in Network-1 issuing a special cash dividend to its stockholders, future economic conditions and technology changes and legislative, regulatory and competitive developments. Except as otherwise required to be disclosed in periodic reports, Network-1 expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.
Network-1’s unaudited condensed consolidated statements of operations and condensed consolidated balance sheet are attached.
For additional details regarding the above referenced highlights, please see Network-1’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 filed with the SEC on August 8, 2025.
Contacts:
Corey M. Horowitz, Chairman and CEO Network-1 Technologies, Inc. (917) 692-0000
NETWORK-1 TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ended June 30,
Six Months Ended June 30,
2025
2024
2025
2024
REVENUE
$
–
$
100,000
$
150,000
$
100,000
OPERATING EXPENSES:
Costs of revenue
–
28,000
42,000
28,000
Professional fees and related costs
164,000
147,000
285,000
366,000
General and administrative
519,000
519,000
1,121,000
1,188,000
Amortization of patents
37,000
30,000
67,000
60,000
TOTAL OPERATING EXPENSES
720,000
724,000
1,515,000
1,642,000
OPERATING LOSS
(720,000
)
(624,000
)
(1,365,000
)
(1,542,000
)
OTHER INCOME :
Interest and dividend income, net
445,000
452,000
929,000
883,000
Net realized and unrealized gain on marketable securities
22,000
54,000
171,000
102,000
Total other income, net
467,000
506,000
1,100,000
985,000
LOSS BEFORE INCOME TAXES AND SHARE OF NET LOSSES OF EQUITY METHOD INVESTEE
(253,000
)
(118,000
)
(265,000
)
(557,000
)
INCOME TAXES PROVISION:
Current
(31,000
)
–
(31,000
)
–
Deferred taxes, net
(38,000
)
(137,000
)
(149,000
)
(284,000
)
Total income tax benefit
(69,000
)
(137,000
)
(180,000
)
(284,000
)
INCOME (LOSS) BEFORE SHARE OF NET LOSS OF EQUITY METHOD INVESTEE:
(184,000
)
19,000
(85,000
)
(273,000
)
SHARE OF NET LOSS OF EQUITY METHOD INVESTEE
(279,000
)
(677,000
)
(741,000
)
(1,305,000
)
NET LOSS
$
(463,000
)
$
(658,000
)
$
(826,000
)
$
(1,578,000
)
Net loss per share
Basic
$
(0.02
)
$
(0.03
)
$
(0.04
)
$
(0.07
)
Diluted
$
(0.02
)
$
(0.03
)
$
(0.04
)
$
(0.07
)
Weighted average common shares outstanding:
Basic
22,873,907
23,296,555
22,883,729
23,444,145
Diluted
22,873,907
23,296,555
22,883,729
23,444,145
Cash dividends declared per share
–
–
$
0.05
$
0.05
NETWORK-1 TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
June 30, 2025
December 31, 2024
ASSETS
(Unaudited)
CURRENT ASSETS:
Cash and cash equivalents
$
13,424,000
$
13,145,000
Marketable securities, at fair value
25,061,000
27,455,000
Other current assets
180,000
232,000
TOTAL CURRENT ASSETS
38,665,000
40,832,000
OTHER ASSETS:
Patents, net of accumulated amortization
1,552,000
1,205,000
Equity investment
2,596,000
3,337,000
Operating leases right-of-use asset
–
27,000
Security deposit
13,000
13,000
Total Other Assets
4,161,000
4,582,000
TOTAL ASSETS
$
42,826,000
$
45,414,000
LIABILITIES AND STOCKHOLDERS’ EQUITY:
CURRENT LIABILITIES:
Accounts payable
204,000
$
203,000
Accrued payroll
–
292,000
Other accrued expenses
173,000
247,000
Operating lease obligations
–
24,000
Total Current Liabilities
377,000
766,000
LONG TERM LIABILITIES:
Deferred tax liability
188,000
337,000
TOTAL LIABILITIES
565,000
1,103,000
COMMITMENTS AND CONTINGENCIES (Note G)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value, authorized 10,000,000 shares; none issued and outstanding at June 30, 2025 and December 31, 2024
–
–
Common stock, $0.01 par value; authorized 50,000,000 shares; 22,844,798 and 22,961,619 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively
NEW YORK, NY / ACCESS Newswire / August 8, 2025 / Across industries and regions, momentum around recycling has shifted from aspiration to regulation. Governments are now setting minimum recycled content thresholds, enforcing Extended Producer Responsibility (EPR) laws, and pushing for detailed audit trails-all in an effort to accelerate the shift from linear to circular economies.
It’s a major step forward – and one that advocacy groups like the Plastic Pollution Coalition (PPC) have long championed. Their tireless efforts to raise awareness, challenge greenwashing, and push for stronger legislation have helped shape the global conversation about plastic waste and corporate accountability.
But even they’ve pointed to the disconnect: intent doesn’t equal impact without real enforcement. If the world is going to regulate recycled content and close the loop on plastic, it needs systems that go beyond slogans. That’s where SMX (Security Matters) (NASDAQ:SMX) enters – not as a disruptor, regulator, or judge, but as a silent partner in verification.
SMX doesn’t shape recycling policy. But once that policy is written, it provides the tools to help make it real. Because if circularity is going to be measured, it needs a way to be seen – from the inside out. And that’s exactly what SMX enables.
Policy Is Leading, Now It Needs Infrastructure to Keep Pace
It also makes circularity economically viable through material efficiency. SMX’s technology allows companies to reintroduce their own materials – those that have already completed lifecycle one, two, three, or more-into new production cycles without sacrificing quality, performance, or brand identity.
This means premium and original brand goods can be made from their own recycled inputs, with full traceability and without compromising intellectual property or brand integrity. At the corporate level, this capability unlocks meaningful cost advantages: eliminating dependence on virgin material amid geopolitical risks, reducing insurance exposure, and meeting corporate sustainability mandates with traceable proof. In short, SMX turns reuse into an asset – not a liability – making sustainability, and circularity, not only possible, but practical and profitable.
And this tool comes at a time when demand for it could soar. The EU has mandated 30% recycled content in PET beverage bottles. U.S. states like California and Washington are implementing their own minimum thresholds. Global brands from Coca-Cola to Unilever have pledged to increase the use of post-consumer recycled (PCR) materials across packaging and product lines.
This is progress-and it deserves recognition.
But as mandates expand, so do the challenges. Recycled content is notoriously difficult to audit. Paperwork can be inconsistent. Labels are often self-reported. And material flows cross continents, making traceability even harder to enforce.
That’s not a failure of leadership. It’s a limitation of the tools available to support it.
Tracking The Circular Chain Through Material Efficiency
SMX provides a way to track and trace materials at the molecular level – embedding invisible markers into plastics and other recyclables at the point of origin. These markers stay with the material throughout its lifecycle, allowing for real-time verification of where it came from, how it was processed, and whether it meets regulatory standards.
It doesn’t replace regulation. It supports it – with verifiable data that can’t be altered, removed, or faked. And with SMX’s Plastic Cycle Token (PCT), that verification becomes more than just compliance-it becomes measurable value. The PCT enables materials with verified recycled content to be accounted for, traded, and even monetized through trusted digital infrastructure.
It’s how circularity evolves from ambition to execution-and from execution to economic reward.
Recycled Content Isn’t a Label, It Should Be a Ledger
The Plastic Pollution Coalition is right to call out misleading claims and superficial fixes. But what they – and others – are emphasizing is the need for systems with teeth. Not more paperwork. More proof.
For governments, that means issuing certifications based on facts, not estimates. For brands, it means finally being able to support sustainability claims with embedded data – not marketing language that vanishes in the supply chain. And for consumers, it means being able to trust that “100% recycled” really means what it says.
SMX doesn’t judge the claim. It simply provides the means to prove it – or not.
That shifts recycled content from slogan to asset – verifiable, traceable, and even monetizable. And it levels the playing field by exposing gaps without assigning blame.
Circularity Can’t Be a Guess; It Has to Be Accountable
Let’s be clear: SMX isn’t here to write recycling mandates or enforce them. That work is being done – by policymakers, global brands, and advocacy groups like PPC, who continue to push for systems that are measurable, not theoretical.
But success takes more than vision. It requires infrastructure. Because if recycled content is going to be regulated, it also needs to be accounted for – not just estimated. And certainly not just once at the end of a product’s life, but continuously, from production to reuse.
That’s where SMX technology – and its Plastic Cycle Token (PCT) – fortifies the system, turning verified circularity into something measurable, tradable, and reportable. It transforms sustainability from a promise into a performance-based asset class, grounded in verifiable truth rather than aspirational claims. With precision, accountability, and trust built directly into the product, SMX delivers the infrastructure needed to make circularity real-and make it work.
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.
Nano One, via Arkansas Lithium Technology Accelerator (ALTA), expands and catalyzes its network across Arkansas with stakeholders in government, industry, academia, defence, and the investment community.
Sparks broader exposure to world-class lithium and commercial opportunities in Arkansas, and US priorities on energy growth, national security, and supply chain resilience.
Reinforces Nano One’s position as the only OBBB-ready LFP solution, connecting upstream minerals to downstream cell production.
VANCOUVER, BC / ACCESS Newswire / August 8, 2025 / (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) Nano One® Materials Corp. (“Nano One” or the “Company”), a process technology company specializing in lithium-ion battery cathode active materials, is pleased to provide an update on its participation in the Arkansas Lithium Technology Accelerator (ALTA), the first US-based accelerator aimed at catalyzing a domestic, durable, and resilient lithium-ion battery supply chain. Through ALTA, Nano One has added to its strategic insights, broadened its US presence and industrial relationships, and further validated the critical advantages of its One-Pot™ process for localizing lithium iron phosphate (LFP) cathode production in North America.
“Nano One’s participation was critical to the success of ALTA’s first cohort, and the feedback from Arkansas’ community, industry, and state government leaders has been overwhelmingly positive,” said Arthur Orduña, Executive Director of The Venture Center. “We believe Nano One’s strategy, leadership, and technology will be key to developing a localized US battery supply chain. Their cathode manufacturing process targets the most critical gap in our nation’s supply chain, the midstream, with a disruptive innovation that leapfrogs and significantly improves on current processes so we can accelerate breaking our dependence on overseas manufacturing. This aligns with Governor Sanders’ and Commerce Secretary Hugh McDonald’s vision of leveraging Arkansas’ world-class lithium reserves to attract the best upstream and midstream technology providers, maximize statewide economic benefits, and reduce reliance on adversarial supply chains. The strength of ALTA’s first cohort, featuring Nano One and supported by industry leaders like founding partner Standard Lithium, is a good first step toward turning that vision into a true lithium economy.”
Participation in ALTA enabled Nano One to engage with key stakeholders in government, industry, academia, and the investment community. The Company toured Standard Lithium’s demonstration facilities, gaining valuable perspective on Arkansas’ lithium resources and the state’s commitment to innovation. Arkansas’ pro-business environment, strong ties to defence, and legacy in natural resource development make it an ideal partner in the localization of lithium supply chains. This includes extraction, refining and value-added processing into LFP cathode materials for battery energy storage systems (BESS)-a cornerstone of future-ready grid infrastructure-AI data centers, military and automotive applications.
The program culminated in Demo Day, showcasing the collective strength of ALTA’s inaugural cohort. Nano One was one of only three companies selected to participate, alongside leaders in lithium processing and geothermal technology. Backed by Standard Lithium, the Walton Family Foundation, and a network of Arkansas-based producers, government agencies, and institutions, ALTA is fostering next-generation collaboration between emerging innovators and established players.
Nano One is the only OBBB-ready solution for LFP that can directly link upstream mineral extraction to downstream cell manufacturing. The Company’s One-Pot™ process vertically integrates precursor preparation with processing to drive down cost and it also eliminates foreign-controlled inputs, wastewater byproducts, and permitting barriers that challenge traditional cathode supply chains. It enables cost-effective, modular deployment of localized CAM production across North America.
“ALTA broadened our exposure to US energy growth, its security mandate and localization efforts in Arkansas’ ecosystem,” said Dan Blondal, CEO of Nano One. “Our technology is purpose-built for North American scale-up, and the interest we received confirms that our strategy is accurately focused on a large opportunity in Arkansas that is real and growing. We look forward to working with ALTA to nurture and deepen our presence, collaborations and partnerships across the region.”
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About Nano One® Nano One® Materials Corp. (Nano One) is a technology company changing how the world makes cathode active materials for lithium-ion batteries. Applications include stationary energy storage systems (ESS), portable electronics, and electric vehicles (EVs). The Company’s patented One-Pot process reduces costs, is easier-to permit, lowers energy intensity, environmental footprint, and reliance on problematic supply chains. The Company is helping to drive energy security, supply chain resilience, industrial competitiveness and increased performance through process innovation. Scalability is proven and being demonstrated at Nano One’s LFP (lithium-iron-phosphate) pilot production plant in Québec-leveraging the only facility and expertise of its kind outside of Asia. Strategic collaborations and partnerships with international companies like Sumitomo Metal Mining, Rio Tinto, and Worley are supporting a design-one-build-many licensing growth strategy-delivering cost-competitive, easier-to-permit and faster-to-market battery materials production solutions world-wide. Nano One has received funding from the Government of Canada, the Government of the United States, the Government of Québec, and the Government of British Columbia. For more information, please visit www.nanoone.ca
Company Contact: Paul Guedes info@nanoone.ca +1 (604) 420-2041
About ALTA The Arkansas Lithium Technology Accelerator (ALTA) is a groundbreaking new program from The Venture Center designed to position Arkansas – and the U.S. – as a global leader in lithium technology and battery supply chain innovation. ALTA brings together Arkansas’ top lithium producers, including Standard Lithium, Albemarle, Lanxess, and Tetra, with a hand-picked cohort of technology companies solving real-world problems in energy, materials, and critical mineral processing. This one-of-a-kind, business-driven accelerator provides companies with direct access to customers, investors, and state resources – helping them scale faster and build a presence in Arkansas.
Cautionary Notes and Forward-Looking Statements Certain information contained herein may constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking information includes but is not limited to: LFP production, joint ventures, contracted projects, revenue generation, operational growth, licensing, government funding, the development of technology, supply chains, and plans for construction and operation of cathode production facilities; the Company’s current and future business and strategies; estimated future working capital, funds available, and uses of funds, future capital expenditures and other expenses for commercial operations; industry demand; incurrence of costs; competitive conditions; general economic conditions; the intention to grow the business, operations and potential activities of the Company; the functions and intended benefits of Nano One’s technology and products; the development and optimization of the Company’s technology and products; prospective partnerships and the anticipated benefits of both the Company’s current and prospective partnerships; the ability to attract and retain key talent; the Company’s licensing and, the scalability of developed technology to meet expanded capacity; and the execution of the Company’s stated plans – which are contingent on access to capital and grants. Generally, forward-looking information can be identified by the use of terminology such as ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’, ‘target’, ‘goal’, ‘potential’ or variations of such words and phrases or statements that certain actions, events or results “will” occur.
Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: general and global economic and regulatory changes; next steps and timely execution of the Company’s business plans; the development of technology, supply chains, and plans for construction and operation of cathode production facilities; successful current or future collaborations that may happen with OEM’s, miners or others; the execution of the Company’s plans which are contingent on capital sources; the Company’s ability to achieve its stated goals; the commercialization of the Company’s technology and patents via license, joint venture and independent production; anticipated global demand and projected growth for LFP batteries; and other risk factors as identified in Nano One’s MD&A and its Annual Information Form dated March 25, 2025, both for the year ended December 31, 2024, and in recent securities filings for the Company which are available at www.sedarplus.ca. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or 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 statements 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 statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.
A new collaboration with one of racing’s biggest names kicks off this weekend in Sheboygan, Wisconsin
FT LAUDERDALE, FL / ACCESS Newswire / August 8, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) (“Vision Marine” or the “Company”), a pioneer in high-voltage electric marine propulsion and a multi-brand boat retailer with a strong dealership network across Florida, Nautical Ventures, your go-to people for fun on the water, is proud to announce its collaboration with Shaun Torrente Racing (STR) for the 2025 Offshore Super Stock Series-bringing championship racing energy into the heart of the Nautical Ventures community.
This exciting collaboration pairs Nautical Ventures with Shaun Torrente, a multiple UIM World Champion, XCAT World Champion, and one of the most respected names in offshore powerboat racing. As throttleman for STR, Torrente teams up with driver Matt Jamniczky aboard their custom STR Powerboat, carrying Nautical Ventures branding as they compete across the U.S. this season.
With nine locations across Florida and a lineup that includes everything from pontoons to tenders to electric boats, Nautical Ventures is all about delivering the best on-water experiences-whether you’re relaxing with family or diving into performance. Since 2020, the company has sold and rigged over 1,900 Mercury outboards, helping customers make the most of their time on the water.
Shaun Torrente’s connection to Nautical Ventures and parent company Vision Marine runs deep. He played a leading role in Vision Marine’s historic 116 mph electric speed record at the Lake of the Ozarks Shootout, showcasing how innovation and adrenaline can go hand in hand.
“I’m excited to welcome Vision Marine and Nautical Ventures as part of the STR team,” said Shaun Torrente. “This is more than a sponsorship-it’s a strong collaboration rooted in real alignment and shared passion. We’ve already made history together once, and with the season heating up, I’m glad to have them onboard as we push for even more wins.”
The 2025 Offshore Super Stock season continues this weekend at the Sheboygan, Wisconsin Grand Prix, running August 8-10. If you’re a fan of power, precision, and high-performance boating, this is one race you won’t want to miss.
About Nautical Ventures At Nautical Ventures, we’re the go-to people for fun on the water. With nine Florida locations and one of the widest selections of boats, tenders, electric vessels, outboards, and water toys in the U.S., we make it easy to find your dream boat-and everything you need to enjoy it. Whether you’re cruising, fishing, exploring, or just relaxing, our team is here to help you get out there and make the most of every moment on the water.
About Vision Marine Technologies Inc. Vision Marine Technologies Inc. (NASDAQ:VMAR) is a technology company specializing in high-voltage electric propulsion systems for the marine industry. The Company’s flagship product, the E-Motion™ 180E, is a fully industrialized high-voltage electric outboard system for recreational boating, validated through partnerships with leading industry players.
With the recent acquisition of Nautical Ventures Group, Vision Marine has expanded its sales and service network on the East Coast of the United States. Through Nautical Ventures’ multi-brand retail operations, Vision Marine now offers both traditional internal combustion engine (ICE) boats and next-generation electric propulsion solutions, providing a full range of products to meet the current and evolving needs of recreational boaters.
Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include Vision Marine’s plans for commercial deployment, expansion of sales and service capabilities, and market adoption of its electric propulsion systems. These statements are subject to risks and uncertainties, including the Company’s ability to execute its growth strategy, integrate new operations, and drive market adoption. Actual results may differ materially from those projected. Vision Marine undertakes no 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
SALT LAKE CITY, UT / ACCESS Newswire / August 8, 2025 / FatPipe, Inc. (NASDAQ:FATN) (“FatPipe” or the “Company”), a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions that provide the highest levels of reliability, security, and optimization for Wide Area Networks (WANs) is pleased to announce that the global research and advisory firm, Info-Tech Research Group, has identified FatPipe Inc. #1 for Product and #1 for Support in its 2025 SD-WAN Midmarket Report. The report findings are based on data from user reviews on the firm’s SoftwareReviews platform, the leading source for insights on the software provider landscape. FatPipe is a pioneer in software-defined wide area networking (SD‑WAN) technology, delivering secure, high-performance connectivity solutions for enterprises across the globe.
Info-Tech Research Group’s Data Quadrant report measures the complete software experience to provide a comprehensive perspective on product features and capabilities compared to the provider relationship. These reports recognize outstanding software providers in the technology marketplace as evaluated by users. Providers receive satisfaction scores across:
Net emotional footprint (+96)
Product features satisfaction (93%)
Likelihood to recommend (97%)
These scores are aggregated to result in emotional response ratings (Net Emotional Footprint). FatPipe Inc. received a Net Emotional Footprint of +96 for ease of administration, business value created, and ease of implementation.
FatPipe’s recognition in the report highlights its industry-leading SD‑WAN solutions, which deliver enterprise-grade performance, secure application-aware routing, and seamless failover across hybrid networks. Its integrated cybersecurity stack, including SASE features and real-time monitoring, ensures uninterrupted connectivity and enhanced visibility, even during outages or security incidents.
“We’re honored to be recognized among the leaders in this report. Our team’s commitment to delivering enterprise-grade SD‑WAN solutions with unmatched performance, security, and ease of management remains our top priority” said Sanchaita Data, President and CTO of FatPipe Inc.
Info-Tech’s Emotional Footprint Award is based on authentic user-review data, collected and meticulously verified. The Data Quadrant Award is based on verified feedback from IT and business professionals and indicates product rankings and categorization.
This recognition underscores FatPipe’s ongoing commitment to innovation, reliability, and delivering measurable value to enterprise customers worldwide. Being named a leader by Info-Tech Research Group underscores the trust customers place in FatPipe and its mission to simplify and secure network infrastructure.
To learn more about FatPipe’s award-winning SD‑WAN and cybersecurity solutions, visit www.fatpipe.com or connect with the team at sales123@fatpipeinc.com.
About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, serving over 30,000 IT and HR professionals. It provides unbiased research and advisory services to help leaders make strategic, timely, and informed decisions. Info-Tech’s divisions include SoftwareReviews for software buying insights and McLean & Company for HR research.
About FatPipe, Inc.
FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. FatPipe introduced a full single stack cybersecurity solution designed to be sold to the same customer profile, and buyer as FatPipe. FatPipe currently has 12 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit www.fatpipe.com. Follow us on X @FatPipe_Inc.
Company Contact Info
IR.Press@fatpipeinc.com Please contact the company through this email, for scheduling a conversation with senior management. Responses will be provided within 24 business hours.
Investor Contact
Dave Gentry, CEO RedChip Companies, Inc. 1.800.RED.CHIP (733-2447) FATN@redchip.com
FRISCO, TX / ACCESS Newswire / August 8, 2025 / GameSquare Holdings, Inc. (NASDAQ:GAME), (“GameSquare”, or the “Company”), announced today that it expects to release its second quarter 2025 financial results after the close of business on Thursday, August 14, 2025. A copy of the news release will be available on the investor website.
Shareholders, investors, interested parties, and media are encouraged to join the Company’s earnings call via webcast on Thursday, August 14, 2025, at 5:00 p.m. ET. The call will be hosted by Justin Kenna, GameSquare’s CEO and will be joined by other members of GameSquare’s management team. Please join the call at
GameSquare (NASDAQ:GAME) is a cutting-edge media, entertainment, and technology company transforming how brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. With a platform that spans award-winning creative services, advanced analytics, and FaZe Clan, one of the most iconic gaming organizations, we operate one of the largest gaming media networks in North America. Complementing our operating strategy, GameSquare operates a blockchain-native Ethereum treasury management program designed to generate onchain yield and enhance capital efficiency, reinforcing our commitment to building a dynamic, high-performing media company at the intersection of culture, technology, and next-generation financial innovation.