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American Power Group Corporation - APGI STOCK NEWS

Welcome to our dedicated news page for American Power Group Corporation (Ticker: APGI), a resource for investors and traders seeking the latest updates and insights on American Power Group Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Power Group Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Power Group Corporation's position in the market.

News
American Power Group Provides Fiscal 2024 Mid-Year Corporate Update
Rhea-AI Summary
American Power Group (APGI) reports a significant increase in revenue for the first half of fiscal 2024, with a 267% rise in quarterly revenue and a 193% increase in year-to-date revenue compared to the previous year. The company attributes this growth to its expanding market share in the dual fuel stationary conversion market for frack engines in the oil and gas production sector. Despite a net loss for the period, APG remains focused on enhancing its technology and expanding its engine family approvals. The company's innovative S4000 technology has garnered a strong reputation for high performance and cost-effectiveness in the dual fuel industry. APG's CEO/CFO highlights the potential of the V7000 dual fuel vehicular solution as a game-changer in decarbonization efforts, with plans for co-marketing partnerships and participation in industry conferences to showcase the technology's environmental benefits.
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American Power Group To Showcase Their V6000 Class 8 Truck Dual Fuel Solution as A Gold Sponsor of The National Star Route Mail Contractors Association's January 2024 Las Vegas Convention
Rhea-AI Summary
American Power Group Corporation (APGI) announces Gold Sponsorship role of the National Star Route Mail Contractors Association's 2024 Las Vegas Convention. CEO/CFO Chuck Coppa to present on dual fuel solutions for Class 8 trucks. APG's V6000 Dual Fuel System offers up to 65% natural gas substitution, lowering diesel-related pollutants and carbon footprint.
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American Power Group Announces $950,000 S4000 Stationary Dual Fuel Systems Order
Rhea-AI Summary
American Power Group Corporation (APGI) has received approximately $1.26 million of follow-on orders for its Dual Fuel Technology, with a recent $950,000 order anticipated to ship in January. The technology seamlessly introduces natural gas into the induction system of a diesel engine, displacing up to 65% of the diesel fuel. APG's CEO/CFO, Chuck Coppa, expressed optimism for future orders and highlighted the impact of the technology on operating costs, emissions, and carbon footprint.
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-31.03%
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American Power Group Granted U.S. Patent Allowing for a Dual Fuel-Electrification Hybrid Solution
Rhea-AI Summary
APG (American Power Group Corporation) (APGI) announces the granting of a new patent for a Multi-Fuel, Range Extending Power Generation Propulsion System. CEO/CFO Chuck Coppa highlights the importance of this patent in enhancing the company's technical capabilities and product offerings, with potential benefits including reduced emissions, increased efficiency, and potential fuel savings of 25% to 30%. The company also plans to evaluate existing electrification enhancement solutions for hybrid capability development.
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-22.22%
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American Power Group To Discuss Their V6000 Class 8 Truck Dual Fuel Technology At the 20th Annual AltWheels Fleet Day on October 2, 2023
Rhea-AI Summary
American Power Group Corporation (APG) will be discussing their V6000 Dual Fuel Technology for existing Class 8 diesel-powered trucks at the AltWheels Fleet Day. The V6000 provides the ability to realize meaningful net fuel savings of 20% to 30% based on current average fuel pricing. APG believes their system is the most affordable and effective alternative fuel solution for existing Class 8 trucks available today.
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American Power Group To Showcase Their V6000 Class 8 Truck Dual Fuel Solution as the Title Sponsor of The National Star Route Mail Contractors Association’s August 2023 National Convention
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American Power Group Announces the Appointment of Seung Baik, Tod Hynes and Don Wilkins as Strategic Advisors to the Company
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American Power Group Signs Class 8 Dual Fuel Marketing Agreement with Nat G(R) CNG Solutions, LLC
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American Power Group Corporation (APG) has signed a collaborative agreement with Nat G® CNG Solutions to market and service APG's low carbon V6000 Dual Fuel diesel engine conversion solutions for heavy-duty Class 8 trucks. Nat G® is a leading provider of alternative fuel systems, and their primary service coverage area includes Texas, Oklahoma, New Mexico, and Louisiana.
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-8%
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American Power Group Closes $3.45 Million Private Placement With Existing Shareholders
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American Power Group Completes $6 Million Acquisition of All Dual Fuel Patents, Technology and Related Intellectual Property
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American Power Group Corporation

OTC:APGI

APGI Rankings

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APGI Stock Data

21.21M
39.13M
Petroleum Refineries
Manufacturing
Link
United States
Algona

About APGI

american power group corporation provides patented dual fuel conversion system for primary and back-up diesel generators, and mid-to heavy-duty vehicular diesel engines in north america and internationally. it operates through two segments, dual fuel conversion operations and natural gas liquids operations. the company's dual fuel conversion system is a fuel delivery enhancement system that converts existing diesel engines into engines, which run on diesel fuel and compressed natural gas or liquefied natural gas; diesel fuel and pipeline gas, well-head gas, or approved bio-methane; and diesel. it also provides flare capture and recovery services to oil and gas production companies. the company was formerly known as greenman technologies, inc. and changed its name to american power group corporation in august 2012. american power group corporation was founded in 1992 and is headquartered in algona, iowa.