#EV/ #Solar #Stock news -Solar Integrated Roofing (OTC: $SIRC) to Form Dominant Player in EV Charging Market; @SIRCStock

#EV/ #Solar #Stock news -Solar Integrated Roofing (OTC: $SIRC) to Form Dominant Player in EV Charging Market; @SIRCStock

 

Planned Acquisition of Charging Installer with $100 Million Order Pipeline, Buoyed by $5 Billion in Federal Stimulus

 

Company to Refocus Sales Efforts from National Roofing Segments to Address Significant Near-Term EV Charging Opportunity; Sales Run Rate Expected to Exceed $400 Million Annually After Closing Announced Acquisitions

 

Las Vegas, NV / March 1, 2022 / Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com - Solar Integrated Roofing Corp. (OTC: SIRC),  an integrated, single-source solar power, roofing systems installation and EV charging company, today announced a strategic shift towards prioritizing its over $30 million electric vehicle (EV) charging project pipeline and $20.2 million EV charging project backlog given the immense near-term revenue opportunity, better aligning with the Company’s planned corporate name change to ‘SolarEV’.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2022/renewable-energy/03011SIRC-EV-Charging.asp

 

In conjunction with the strategy shift and to bolster its national EV charging business line, Solar Integrated Roofing has signed an LOI for an acquisition of three complementary Los Angeles-based EV charging installers with over $100 million of contracts in their sales pipeline.

 

“Electric vehicle charging is the next massive opportunity in our market, and this calculated alignment of our near-term focus will help to position SIRC as a clear national player in the space,” said David Massey, Chief Executive Officer of Solar Integrated Roofing. “The expanding EV charging market is being driven by the rapid the adoption of electric vehicles nationwide – for example, the U.S. Energy Information Administration predicts there will be 7.5 million EVs on American roads by 2025.

 

“To meet this expected surge in demand, just last week the Biden administration announced a plan to allocate $5.0 billion to states to fund electric vehicle chargers over five years as part of the bipartisan infrastructure package. This creates an absolutely immense opportunity for our family of companies nationwide. Grand View Research reports that the U.S electric vehicle charging infrastructure market size will increase from $2.1 billion in 2020 to $28.4 billion in 2028, a compound annual growth rate of 38.9%. With our proven success in solar, the EV charging market is opening the door for our company to capture dual-industry, synergistic avenues of growth.

 

“We are currently leveraging our vast network of nationwide installers to ramp sales efforts and capitalize on the exponential increase in demand. As of today, we have over $20.2 million in EV charging projects in our backlog with a further $30 million in the pipeline. I expect to further grow this through a recent LOI to acquire three complementary Los Angeles-based EV charging installers with over $100 million of contracts in their sales pipeline and the potential for significant additional growth in the quarters to come. After we close our announced acquisitions, I believe our sales run rate is likely to exceed $400 million annually.

 

“These strategic shifts, paired with our planned rebranding to ‘SolarEV’, better reflects our increased emphasis on solar and EV charging, with a tempered focus on roofing. We expect this corporate name change to take effect upon FINRA approval, for which we have already applied. I look forward to sharing our accomplishments in these exciting new markets in the months to come, as we continue to strive to create sustainable value for our shareholders and their communities,” concluded Massey.

 

Closing of any potential acquisition is subject to final due diligence, negotiation and execution of a definitive purchase agreement and all necessary approvals.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power, roofing systems installation and EV charging company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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#Cybersecurity #Stock News: GBT (OTCPink: $GTCH) Developing a Proprietary #Cryptographic #Technology Designed to Secure a Long Range Radio Communication System

#Cybersecurity #Stock News: GBT (OTCPink: $GTCH) Developing a Proprietary #Cryptographic #Technology Designed to Secure a Long Range Radio Communication System

 

SAN DIEGO, March 1, 2022 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is developing a proprietary cryptographic technology to secure its long range radio system, which has been assigned an internal project code name of Infinia. The Infinia System design contemplates communication through ionospheric propagation environment with the goal of reaching long distances, creating a private, secured radio frequency (RF) network.   

 

Read this in full at https://www.investorideas.com/CO/GOPH/news/2022/03011Proprietary-Cryptographic-Technology.asp

 

The main aim of the application-specific, cybersecurity technology is to create secured level communications with the goal of serving military and governmental applications. The Infinia System is being developed with the goal of using a few types of encryptions/decryptions techniques, including authentication/authorization measures to ensure robust wireless network protection.  The technology’s AI algorithms will automatically apply the best encryption/decryption technique according to application type, weather/terrain conditions and priorities. The Infinia System contemplates the incorporation of a deep learning module that will periodically change the exchanged keys to prevent a network interception, maintaining data integrity and real-time error correction. The techniques include implementation of symmetric and asymmetric encryption methodologies according to the network’s characteristics and nature.  When fully implemented, it is believed that the system’s main advantage will be its analytics-based reasoning capabilities to elect the best cryptographic method to ensure robust security.

 

When fully developed, GBT intends to target the Infinia System for use by civil and military long range communication applications including, among them emergency response, remote telemedicine and worldwide rescue. GBT intends to file a comprehensive non-provisional patent for the system during the next few months.

 

"We are now working on proprietary data protection and secured communication cryptographic methodologies. Wireless systems suffer from serious security vulnerabilities especially when used in military and governmental applications.  Data can be exposed to intruders’ attacks, theft and jamming. We believe our advanced cryptographic methods, upon development, will provide a cognitive cybersecurity system ensuring its reliability and security. The AI governed system is intended to make real time intelligent decisions regarding the use of symmetric or asymmetric encryption methods according to the application nature, weather and terrain conditions. For example, an emergency communication will be automatically using a symmetric encryption technique due to its high-speed response requirements with the goal of rushing rescue teams to the site. In case of an operation requiring confidentiality, an asymmetric encryption method will be used to ensure an extra level of security.  As asymmetric encryption sacrifices speed due to key’s length.  Accordingly, a symmetric encryption may be the right choice to enable faster response.  Our comprehensive cybersecurity solution is being designed to include adaptive capabilities to address various communication perspectives. The system is targeting to manage the RF communication security dynamically and will quantify the network’s radio devices, identify unauthorized intruders and supervise encryption/decryption operations. We intend to incorporate a real time response that will be made in case of a security breach detection by isolating nodes, changing RF characteristics, encryption keys change and additional steps. We intend to incorporate a deep learning module that will continuously monitor Infinia’s communication channel characteristics ensuring vigorous security. A highly secured, reliable, global communication is the main aim for the Infinia System and a comprehensive cybersecurity technology is a must have, especially for military and governmental applications,”  stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval (upon filing), the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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#AIEye #Podcast 665: #Stocks discussed: (NYSE: $ACN) (OTC: $ALPMY) (NasdaqGM: $VERI) #artificialintelligence

 

#AIEye #Podcast 665: #Stocks discussed: (NYSE: $ACN) (OTC: $ALPMY) (NasdaqGM: $VERI) #artificialintelligence

 

Accenture Helps Astellas Pharma Create IT Platform, and Veritone Announces AI-Powered Intelligent Distributed Energy Resource Management Solution

 

Global AI in Drug Discovery to Reach $2.01B by 2025

 

Vancouver, Kelowna, Delta, BC – February 28, 2022  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/022822-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/02281ACN-ALPMY.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NYSE:ACN) (OTC:ALPMY) (NasdaqGM:VERI)

 

Accenture (NYSE:ACN) has helped Astellas Pharma Inc. (OTC:ALPMY) to create a “cloud-based core IT platform that serves as the foundation for an advanced, data-driven management model for the company’s global operations.” Data collected by this platform is then combined with technologies, such as artificial intelligence, robotic process automation and analytics to streamline its enterprise processes. Motoki Fujita, vice president and head of Global Business Services at Astellas, explained:

 

"The new platform will accelerate our Global Business Service efforts to integrate operations on a global scale. This will create an environment that contributes to the business by optimizing selling and administrative expenses and creating an environment that allows employees to focus on high value-added work. We will leverage AI, RPA, and other digital technologies to thoroughly visualize and automate operations, and drive toward the goal of Intelligent Operation."

 

Veritone, Inc. (NasdaqGM:VERI) has announced the launch of its intelligent distributed energy resource management solution (iDERMS) to “enable utilities, Independent Power Producers (IPP’s) and microgrid developers to accelerate the transition to clean energy, while still meeting their strategic, regulatory and environmental objectives.” Sean McEvoy, senior vice president of Energy at Veritone, said:

 

"We are extremely excited to make this launch official. The energy industry is in desperate need of more advanced technologies to solve the challenges and opportunities the rapid growth of distributed energy resources (DERs) brings. AI is the answer. We worked hard to ensure our iDERMS solution is prime-time ready and look forward to sharing the success our customers are experiencing using this technology."

 

 

Global AI in Drug Discovery to Reach $2.01B by 2025

 

A report published by Market Research Future finds that the global AI in Drug Discovery market is projected to reach $2.01 billion USD by 2025, registering a compound annual growth rate (CAGR) of 40.8 percent in the forecast period 2019-2025. An excerpt from the report’s description outlines the applicability of AI in the Drug Discovery space:

 

Artificial intelligence (AI) has captured the imagination and attention of medical industry professionals over the past couple of years as several companies, and large research hospitals have been working on perfecting these systems for clinical use. The first concrete examples of how AI (also called deep learning, machine learning, or artificial neural networks) will help clinicians are now being commercialized. These systems may offer a paradigm shift in clinician workflow to boost efficiency while improving care and patient throughput at the same time.

 

Sam Mowers, Investorideas.com

 

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#CryptoCorner #Podcast 783: #Stocks discussed: (NasdaqGS: $EBAY) (NYSE: $SQ) (TSXV: $BLOK.V)

 

 

 

#CryptoCorner #Podcast 783: #Stocks discussed: (NasdaqGS: $EBAY) (NYSE: $SQ) (TSXV: $BLOK.V)

 

eBay Considering Crypto as Payment Method, Block Reports Q4 Results, and GlobalBlock Gives Update on FCA Application

 

Vancouver, Kelowna, Delta, BC February 28, 2022 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2022/022822-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/02281EBAY-SQ-BLOK.asp

 

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Stocks discussed: (NasdaqGS:EBAY) (NYSE:SQ) (TSXV:BLOK)

 

TheStreet reports that eBay, Inc. (NasdaqGS:EBAY) is considering adding cryptocurrencies as a method of payment. The company’s CEO, Jamie Iannone, explained :

 

"We're not accepting crypto currently. [But] on March 10, we're going to go deeper on all of these things, payments, advertising, our focus categories."

 

Iannone also explained the company’s addition of NFT trading:

 

"We did change our policies last year so that you could trade NFT[s] on the platform and essentially, you know, eBay is a place where people have something to sell and people have something by showing up. So even without announcing anything or doing anything, people started trading NFT[s] on a platform. It reminded me of many years ago when people just started selling cars when we didn't even have a vehicle business at that point. So we're seeing the same type of thing [with NFTs]."

 

Block, Inc. (NYSE:SQ), formerly Square, Inc., has published a shareholder letter outlining its results for the fourth quarter of 2021. The following excerpt details the results of its bitcoin (BTC) business through Cash App:

 

Cash App generated $1.96 billion of bitcoin revenue and $46 million of bitcoin gross profit during the fourth quarter of 2021, up 12% and 14% year over year, respectively. On a two-year CAGR basis, bitcoin revenue and gross profit grew 232% and 285%, respectively. Bitcoin revenue and gross profit benefited from year-over-year increases in the price of bitcoin and number of bitcoin actives. Compared to the third quarter of 2021, bitcoin revenue and gross profit increased on a quarter-over-quarter basis, driven primarily by increased volatility in the price of bitcoin, which affected trading activity compared to the prior quarter. For the full year of 2021, Cash App generated $10.01 billion of bitcoin revenue and $218 million of bitcoin gross profit, up 119% and 124% year over year, respectively. In future quarters, bitcoin revenue and gross profit may fluctuate as a result of changes in customer demand or the market price of bitcoin, particularly as we lap strong growth rates on a year-over-year basis in the first quarter of 2021.

 

GlobalBlock Digital Asset Trading Limited (TSXV:BLOK) has shared an update on the pending application by its wholly-owned UK subsidiary, GlobalBlock Limited, for registration as a cryptoasset business with the Financial Conduct Authority in the United Kingdom. According to the press release, “GlobalBlock UK has now received a Warning Notice from the FCA indicating that it is minded to refuse the Application.” The company now plans to  “present a rigorous and fulsome response to the FCA,” in a bid to change its conclusion.

 

Sam Mowers, Investorideas

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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