Vision Marine Technologies Inc. (NASDAQ: VMAR) Partners with Leading Florida Boat Rental in Win-Win-Win Expansion

 

• VMAR is expanding its clean-energy boating solution with the opening of a boat-rental location in Florida
• The partnership with Blue Water Boat Rentals calls for the launch of an e-boat rental operation in Riviera Beach
• The location will offer year-round services, providing uninterrupted fleet and prototype operations

In a world focused on sustainability and clean energy, Vision Marine Technologies (NASDAQ: VMAR) is making a difference on the water. A global leader in the electric recreational boating industry, Vision Marine is pioneering the clean-energy transition in the marine space. Most recently, the company expanded its clean-energy boating solution with the opening of a boat-rental location in Florida.

Vision Marine, which develops and offers 100% electric boats, outboard motors and technology, has partnered with Blue Water Boat Rental in Riviera Beach, Florida (https://nnw.fm/B5Fm7). Blue Water Boat Rental is a leader in internal combustion engine boat rentals, and this collaboration with Vision Marine is a game-changer for boat lovers.

“It would be an understatement to say we are excited about our partnership with Vision Marine,” said Blue Water Boat Rentals CEO Mark Pollio. “Many have given thought to the idea of how electric propulsion would work, but Vision Marine has actually developed and produced the technology that made this idea a reality. How cool is it that people will be able to put this exciting technology through its paces before buying their own electric outboard or boat? I knew after seeing their operations on the West Coast, as well as getting to better know the people behind the innovation, that this partnership is going to be a win-win-win situation for Blue Water, Vision Marine and our mutual customers.”

The collaboration calls for the opening of an e-boat rental operation in Riveria Beach located near Peanut Island, which had more than 9.1 million visitors last year. The location, which is scheduled to open its doors this month, will offer year-round services, providing uninterrupted fleet and prototype operations, ideal for VMAR’s expansion plans and technological advancements.

“Our partnership in Riviera Beach is a testament to our dedication to ecofriendly marine practices, marking a significant shift from gas-powered to electric boats,” the company stated. “By combining our state-of-the-art electric propulsion technology with the operational expertise of Blue Water Boat Rental, we are redefining the standards in the marine-rental industry.

“Furthermore, this rental operation will serve as a vital hub for showcasing the 180E E-Motion(TM) Powertrain to potential customers and for ongoing development and testing of this innovative technology,” the statement continued. “This approach is expected to enhance sales growth and provide invaluable feedback for the continuous improvement of our electric marine powertrain technologies.”

Vision Marine has unveiled a range of popular boat brands, now outfitted with the innovative 180E E-Motion(TM) Powertrain. Customers now have an array of choices, from center console boats to bowriders and pontoons. In addition, classic models such as Fantails, Volts and Vision Pontoons will also be available. “Our aim is to grow our fleet to 25 diverse boats, blending high-performance E-Motion(TM)-equipped models with our traditional offerings, thereby showcasing the unique versatility and innovation of Vision Marine,” the company said.

Vision Marine Technologies is committed to be a guiding force for change and an ongoing driving factor in fighting the problems associated with waterway pollution by disrupting the traditional boating industry with electric power, in turn directly contributing to zero pollution, zero emission and a noiseless environment. VMAR’s flagship E-Motion(TM) 180E electric marine powertrain is the first fully electric, purpose-built outboard powertrain system that combines an advanced battery pack, inverter and high-efficiency motor with proprietary union assembly between the transmission and the electric motor design utilizing extensive control software.

For more information, visit the company’s website at www.VisionMarineTechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to VMAR are available in the company’s newsroom at https://nnw.fm/VMAR

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SenesTech Inc. (NASDAQ: SNES) Adds to Impressive 2023 Winning Streak with ContraPest(R) Registration in Puerto Rico

 

• SenesTech, a rodent fertility control innovator, just announced that its ContraPest(R) line of products is now registered for sale and immediate use in Puerto Rico
• Entry into Puerto Rico allows the company to tap into this lucrative market while also offering a viable solution to a problem that has posed a considerable threat to the island
• Fertility control works by fixing the root cause of the problem- rats’ incredible rate of reproduction
• Discussions are underway a large agricultural firm in the region to be the lead customer, opening the company up to new opportunities in the region

SenesTech (NASDAQ: SNES), a rodent fertility control expert and the inventor of the only EPA-registered contraceptive for male and female rats, just announced that its ContraPest(R) line of products are now registered for sale and immediate use in Puerto Rico. This adds to the company’s winning streak for the 2023 calendar year, having just recently launched its Evolve(TM) Soft Bait product at Ace Hardware franchise locations in California and closing a public offering that resulted in gross proceeds of $5 million (https://nnw.fm/LbVdm), quintupling its market cap.

Since its inception in 2004, SenesTech has been committed to its mission to improve the health of our world by humanely managing animal populations through fertility control. It has also been guided by the vision to lead responsible and innovative solutions for a better world, embodying five central values – integrity, creativity, urgency, sustainability, and diversity. These have influenced and shaped the four fertility control products for SenesTech, all of which have helped define the brand and mark it as a leader in its space. These include the Ultimate Bait System(TM), Isolate Bait System(TM), and Elevate Bait System(TM) for ContraPest(R) and Evolve(TM) Soft Bait.

With its venture into the Puerto Rico market, SenesTech looks to not only tap into a lucrative market but also offer a viable solution to a problem that has posed a massive threat to society.

“Puerto Rico, as an island nation, is ideally positioned to benefit from ContraPest’s unique fertility control features,” noted Joel Fruendt, SenesTech’s President and CEO.

“Similar to many other islands, rats in Puerto Rico have posed a huge problem for society, whether it be food contamination or destruction, infrastructure damage or public health risks,” he added (https://nnw.fm/ZBJAS).

Under threat is Puerto Rico’s grain industry, which has been primarily affected by rat infestations, ultimately posing a threat to the island’s food security. SenesTech looks to address this, mainly by fixing the root cause of the problem -reproduction. Unlike traditional pest control tools like poisons, which are reactive, the company’s approach is more proactive, addressing the main challenge with rats, which is their incredible rate of reproduction.

“Given sufficient food, water, and harborage, which most cities have, two breeding rats can result in 15,000 offspring after a single year. You cannot poison them or trap them, or gas them fast enough to overcome their fertility. You need to control the population by reducing the birth rate, and that is our why,” noted Mr. Fruendt on a Stock2Me Podcast (https://nnw.fm/rEC2z).

SenesTech is currently finalizing plans with a large agricultural firm to be the lead customer in Puerto Rico. They have also completed product registration for Evolve(TM), adding to its line of offerings for this market, and asserting itself as a leader in its space. This foray opens up a new market for the company and new growth opportunities. It reflects the company’s commitment to its mission and vision and its goal to create shareholder value.

“We look forward to bringing our unique rodent control approach to the integrated pest management companies and do-it-yourselfers of Puerto Rico in years to come,” noted Mr. Fruendt.

For more information, visit the company’s website at www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://nnw.fm/SNES

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Lexaria Bioscience Corp. (NASDAQ: LEXX) To File its IND Application with the FDA for its planned U.S. Phase 1b Hypertension Clinical Trial

 

• Lexaria, a global innovator in drug delivery platforms, expects to submit its IND application for its planned U.S. Phase 1b Hypertension Clinical Trial with the FDA within the next 45 days
• The HYPER-H23-1 clinical study will build on five successful human clinical trials conducted so far, studying the company’s patented DehydraTECH(TM)-processed CBD in an aggregate total of 134 individuals
• Lexaria’s patented DehydraTECH(TM) “drug delivery platform technology” increases bioavailability, improving the way active pharmaceutical ingredients (“APIs”) enter the bloodstream

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just announced that it anticipates submitting its Investigational New Drug (“IND”) application with the U.S. Food and Drug Administration within the next 45 days. The submission will be for its U.S. Phase 1b Hypertension Clinical Trial, whose primary objective will be to evaluate safety and tolerability in hypertensive patients, with secondary objectives including efficacy evaluation in reducing blood pressure together with detailed pharmacokinetic testing (https://nnw.fm/Lyv6V).

The HYPER-H23-1 clinical study, titled “A Phase 1b Randomized, Double-Blind, Placebo-Controlled Study of the Safety, Pharmacokinetics, and Pharmacodynamics of DehydraTECH-CBD in Subjects with Stage 1 or Stage 2 Hypertension” will explore Lexaria’s patented DehydraTECH(TM) technology, specifically its DehydraTECH-processed CBD for the potential treatment of hypertension. It will be a successful build-up from five human clinical trials conducted so far, studying DehydraTECH-CBD in an aggregate total of 134 individuals. Its management is optimistic that these previous studies will contribute to the success of the current one while allowing for the IND review process to run smoothly.

Only a handful of other published research studies have investigated whether a sustained decrease in resting blood pressure is possible following multiple weeks of oral CBD dosing; none of which have been successful in achieving this.. All of the company’s clinical studies showed that DehydraTECH-CBD achieved a sustained decrease in resting blood pressure following multiple weeks of oral dosing. In addition, DehydraTECH-CBD has evidenced superior power to reduce blood pressure, especially compared to other oral CBD formulations. DehydraTECH-CBD has also shown the potential to offer additive blood pressure reduction benefits in addition to any degree of improvement that standard-of-care medications achieved for patients prior to DehydraTECH-CBD dosing, ultimately showing the product’s superiority, overall efficiency, and potential.

Despite having encountered delays before, mainly owing to awaited documentation from one of its key raw material suppliers, Lexaria’s management is excited to submit its IND. Should it be approved, Lexaria will enjoy increased market opportunity for its DehydraTECH technology, specifically its DehydraTECH-CBD. In addition, it will get the company closer to tapping into the cardiovascular drugs market, valued at $138.33 billion in 2022 and expected to hit $200.9 billion by 2032 (https://nnw.fm/1phrU).

For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://nnw.fm/LEXX

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Correlate Energy Corp. (CIPI) Completes Two Solar Projects and Commences a Third, Promoting Sustainability and Carbon Footprint Reduction

 

• Correlate recently completed solar projects for American Tire Distributors’ headquarters and Continental Envelope’s manufacturing plant
• The projects are a major milestone in Correlate’s initiative to showcase a powerful link between sustainability and profitability
• The global renewable energy market was valued at $881.7 billion in 2020 and is expected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4%
• To drive shareholder value, Correlate is leveraging a three-pronged strategy enhanced by current investment trends – sell, retain, and acquire

Correlate Energy (OTCQB: CIPI), a growth-oriented distributed energy company, recently announced the successful completion of solar projects for American Tire Distributors’ headquarters and Continental Envelope’s manufacturing plant, and the commencement of a third project in Reading, Pennsylvania. These projects help further the company’s mission to capitalize on America’s unstoppable trend toward decentralized energy generation – emphasizing both the affordability and potential profit the company’s environmental, social, and governance (“ESG”) related energy solutions offer companies and organizations.

The first project was completed at American Tire Distributors (“ATD”) headquarters in Huntersville, North Carolina. The initiative aims to reduce ATD’s carbon footprint and generate substantial cost savings by reducing reliance on traditional energy sources. Over the next two decades, it’s expected to reduce CO2 emissions by 5,463 tons.

“We are thrilled to unveil this remarkable project, reflecting our dedication to providing clients with best-in-class sustainability solutions and reducing their carbon footprint,” said Todd Michaels, Correlate’s CEO (https://nnw.fm/i307L). “Completing this project at another nationally recognized headquarters building is a major milestone as this initiative showcases the powerful link between sustainability and profitability.”

The second solar project was constructed at Continental Envelope’s manufacturing plant in Geneva, Illinois, one of Illinois’ largest rooftop solar facilities. Continental Envelope serves prominent clients in various industries and has integrated the clean energy system into its 84-year-old printing facility, producing 2 billion envelopes annually. This solar project will provide approximately 20%-25% of the facility’s energy needs, ensuring energy stability and promoting sustainability for years.

The third project in Reading, Pennsylvania, which has grown from 3.8 MW to 5.2 MW, is the company’s largest project to date. When completed, it will be among Pennsylvania’s largest corporate solar installations (https://nnw.fm/qQLkJ). 

These projects exemplify Correlate’s commitment to delivering customized energy solutions that benefit businesses and the environment. Correlate has identified several key economic drivers powering the decentralized energy trend, including:

• Real Cost Savings – Customers pay zero money down and get an instant electrical discount to current rates.
• Massive Project Investment Funding – The International Energy Agency estimates that over one billion dollars per day will be invested in solar energy in 2023.
• Consistent Long-Term Incentives – The Inflation Reduction Act is a game-changer, supercharging renewables with $1.2 trillion in tax credits for ten years of market support.
• Robust Customer Demand – Wood Mackenzie expects the U.S. solar industry to nearly triple in size over the next five years.

According to Allied Market Research, the global renewable energy market was valued at $881.7 billion in 2020. By 2030, it is expected to reach $1,977.6 billion, growing at a CAGR of 8.4%. Several factors driving renewable energy worldwide include increased output efficiency, less pollution, and low maintenance costs (https://nnw.fm/5PpIt).

Clean energy earnings are being sought after by investors. To drive shareholder value, Correlate is leveraging a three-pronged strategy enhanced by current investment trends – sell, retain, and acquire. The Correlate team consists of multi-decade experts who have worked with renowned global brands that are positioning the company to make the most of opportunities while consolidating a fragmented industry. The team has developed, financed, and deployed over $2 billion in clean energy projects to date.

For more information, visit the company’s website at www.Correlate.Energy.

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://nnw.fm/CIPI

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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