Welcome to our dedicated page for American Aires news (Ticker: AAIRF), a resource for investors and traders seeking the latest updates and insights on American Aires stock.
American Aires Inc. (AAIRF) pioneers nanotechnology solutions for electromagnetic field (EMF) protection through its Lifetune product line. This page aggregates official announcements, financial updates, and strategic developments from the company advancing silicon-based resonator technology.
Investors and industry observers will find curated press releases covering earnings reports, research breakthroughs, and partnership expansions with sports organizations and educational institutions. All content is sourced directly from verified corporate communications to ensure reliability.
Key updates include product innovation timelines, clinical study results validating EMF modulation efficacy, and market penetration metrics through collaborations with UFC, WWE, and health-focused entities. Regular visitors gain insights into how AAIRF balances technological innovation with consumer wellness advocacy.
Bookmark this page for streamlined access to American Aires' latest regulatory filings, executive commentary, and progress in establishing EMF protection standards across consumer electronics and 5G networks.
American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a company focused on EMF protection technology, held its 2024 Annual General Meeting on August 1, 2024. 27,836,832 common shares (30.32% of outstanding shares) were voted. All motions, including director appointments and auditor selection, passed with over 99% approval.
The company also announced a partnership agreement with MK Barber, Inc. for athlete Maycee Barber's name, image, and likeness rights. The agreement, effective July 1, 2024, includes content creation and product promotion. MK Barber will receive $68,413 in company shares upon project completion. The partnership includes ongoing social media promotion and whitelisting rights for paid promotions by American Aires.
Aires Tech and WWE, part of TKO Group Holdings (NYSE: TKO), have announced a multi-year global marketing partnership. The collaboration aims to educate fans about electromagnetic frequency (EMF) protection and support WWE Superstars in enhancing their performance and recovery. Aires Tech will be featured across WWE properties, including 'WWE NOW' and 'Celtic Warrior Workouts' on Sheamus's YouTube channel.
The partnership, effective from June 11 through the end of 2025, will be visible at WWE SummerSlam on August 3. This agreement follows Aires Tech's partnership with UFC earlier this year. Aires Tech's CEO, Josh Bruni, emphasized the importance of raising awareness about EMF's potential health effects. The company has also partnered with Canada Basketball and individual athletes as part of their #AiresAthletes campaign.
American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a pioneer in EMF protection technology, has partnered with Toronto Raptors and Canada Basketball star RJ Barrett as its newest #AiresAthletes campaign ambassador. Barrett joins other notable athletes like John Tavares, Maycee Barber, and Tiki Barber in promoting Aires Tech's EMF protection products, which aim to enhance recovery and overall well-being for athletes.
The partnership aligns with Aires Tech's strategy to dominate the EMF protection market and establish itself as a household brand. The #AiresAthletes campaign, launched in March, connects Aires Tech with top performers and sports leagues to increase consumer awareness of their advanced technology's benefits for physical and mental well-being.
This collaboration comes as RJ Barrett and Canada Basketball prepare for an exciting summer sports schedule, providing an opportunity to promote healthier living and enhanced recovery to millions of basketball athletes and fans worldwide.
American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a pioneer in EMF protection technology, has announced a strategic partnership with Gray Wolf Agency, This collaboration, effective from June 24, 2024, aims to amplify Aires Tech's sports partnerships and #AiresAthletes campaign, driving earned media attention to boost sales growth in the EMF protection segment.
Aires Tech's partnerships include an official UFC partnership, an athlete partnership with UFC star Maycee Barber, and a recent agreement with Canada Basketball as their Official EMF Protection Technology Partner. Gray Wolf, co-founded by Shaun Clair and Layton Lassiter, specializes in amplifying brand partnerships through media relations, communications strategy, content strategy, influencer marketing, and measurement services.
The partnership aims to leverage Aires Tech's sports connections to demonstrate how their technology enhances health and performance, connecting the brand with peak performance in consumers' minds while growing market awareness and driving sales growth.
On July 11, 2024, Aires Tech announced a partnership with Canada Basketball, designating Aires Tech as the Official EMF Protection Technology Partner. The multi-year agreement includes exclusive logo usage, promotional rights, and co-branded content emphasizing Aires' EMF protection technology. Notable initiatives include a content series featuring brain science demos and VIP experiences granting fans and stakeholders exclusive access to players and practices. The partnership aims to highlight Aires' technology's benefits in athletic performance, supported by research indicating improved sleep, recovery, and cognitive function. The collaboration builds on Aires' recently announced partnership with UFC and aligns with its strategy to promote health and wellness through sports.
American Aires (CSE: WIFI, OTCQB: AAIRF) has issued a clarification regarding financial disclosures made on June 18, 2024. The company reported significant year-over-year order volume increases for April and May 2024. In April, order volume rose by 47% to $561,206, and in May, it increased by 98% to $940,695. From June 1-25, volume grew by 18% to $477,691. These figures were converted to Canadian dollars, showing similar increases. The company uses order volume as a growth metric instead of revenue. In Q1 2024, advertising and promotion expenses were 53% of revenue, a trend expected to continue in Q2. This release serves as Corrective Disclosure requested by OSC staff.
American Aires reports robust growth and a promising future. The company achieved a 47% YoY increase in order volume in April and a 98% surge in May. CEO Josh Bruni's appearance on Fox Business Network contributed to this growth. Gross profit margins were steady at 58% and 60% in April and May, respectively. A recent partnership with UFC gives Aires access to 170 countries and 700 million fans. Despite stock price volatility, the fundamentals remain solid. On June 17, 26.67 million common shares were released from a 4-month hold, causing anticipated market fluctuations. The company, with a 23% stake held by the management team, aims to become a global leader in health technology.
American Aires has expanded its #airesathletes campaign by partnering with John Tavares, Captain of the Toronto Maple Leafs. Tavares will receive the majority of his compensation in Aires shares and will promote Aires' technology, which aims to protect against electromagnetic radiation and enhance human health. This partnership follows similar agreements with UFC fighter Maycee Barber and NFL player Tiki Barber. The campaign seeks to educate consumers and athletes on the benefits of Aires' technology for performance and recovery. The agreement includes rights for Aires to use Tavares' name, image, and likeness in promotional materials.
UFC and Aires Tech have announced a multi-year global marketing partnership. Aires Tech, known for its EMF protection technology, will showcase its brand during UFC's major events, gaining visibility among more than 700 million fans across 170 countries.
Aires Tech will be featured prominently in UFC Pay Per View broadcasts and the UFC Live Weigh-In Show, along with producing original content for UFC's digital and social channels.
This partnership is expected to enhance Aires Tech's global reach, particularly among millennials, aligning with UFC's performance-focused audience. The collaboration kicks off at UFC 302: Makhachev vs. Poirier on June 1 in Newark, New Jersey.
American Aires (CSE: WIFI, OTCQB: AAIRF) reported a strong Q1 2024, with sales up 37% year-over-year (YoY) to $2.0 million despite traditionally soft consumer spending. Gross margin held steady at 60%. The cash balance grew significantly from $0.03 million in Q4 2023 to $2.3 million in Q1 2024, thanks to a $4 million oversubscribed financing in February 2024. Additional financing in May 2024 raised another $3.77 million.
Key highlights include a 47% YoY order volume increase in April 2024 and a 132% YoY increase to date in May 2024. However, costs rose: advertising and promotion expenses surged 63%, marketing expenses went up 27%, and the adjusted EBITDA loss widened by 38% to $876,897. The net loss for the quarter was $1.08 million, a 26% increase YoY.
The company plans to use the raised capital to enhance marketing partnerships, build brand awareness, and expand internationally, aiming for accelerated sales growth throughout the year.
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