Welcome to our dedicated page for C-Bond Systems news (Ticker: CBNT), a resource for investors and traders seeking the latest updates and insights on C-Bond Systems stock.
C-Bond Systems, Inc. (OTC: CBNT) is frequently featured in news coverage as a developer and marketer of glass strengthening solutions for enhanced safety, as well as a marketer of patented C-Bond technology for architectural glass applications. News about the company often highlights contracts, installations, and product developments associated with its Patriot Glass Solutions subsidiary and related activities.
Recent announcements have described Patriot Glass Solutions being awarded projects at universities, movie theater and entertainment company offices, theme parks, religious facilities, and private residences of high-profile individuals. These news items detail installations of C-Bond BRS ballistic-resistant systems, C-Bond Secure forced-entry resistant systems, solar film, and other protective films designed to improve safety and security.
Company news has also covered joint development efforts between Patriot Glass Solutions and Fox2Sierra, LLC to create a portable, transparent, bullet-resistant shield intended for use during public speaking events by politicians, school officials, and business executives. Additional coverage has focused on demand from synagogues and other religious facilities, reflecting interest in ballistic-resistant and forced-entry resistant solutions in response to social unrest and security threats.
Financial updates, such as quarterly revenue highlights and discussions of revenue growth at Patriot Glass Solutions, are another recurring theme in C-Bond Systems’ news. The company has also reported on a debt forgiveness, equity redemption, and strict foreclosure transaction with secured creditors, and the launch of a podcast series that discusses its history, technology, and market opportunities.
More recently, C-Bond Systems announced that it entered into a term sheet to acquire the assets of Gummy USA, SureDose, and Creative Manufacturing, which are associated with patent-pending technology for more precise dosing in nutraceutical and pharmaceutical gummies. Together, these news items provide insight into C-Bond Systems’ glass strengthening activities, security-focused projects, corporate transactions, and exploration of new business opportunities.
C-Bond Systems (OTC: CBNT) announced a $28,000 installation of its protective technologies, C-Bond Secure and C-Bond BRS, at a high-end jewelry store. The technologies strengthen glass to delay forced entry and provide ballistic-resistant protection. C-Bond Secure is a glass strengthening primer enhancing safety while C-Bond BRS offers NIJ Level I & II ballistic protection. The company has equipped over 80 facilities, including schools and government buildings, with its patented solutions, showcasing a growing trend among retailers opting for enhanced security.
C-Bond Systems (OTC: CBNT) announced the promotion of Allison Tomek to President and Board Member, effective March 15, 2021. Tomek joined the company in 2018 as Vice President of Corporate Communications. With over 20 years of experience in leadership roles across corporate communications and investor relations, she succeeds Vince Pugliese. Chairman and CEO Scott R. Silverman expressed confidence in Tomek's ability to enhance the company's growth strategy. Tomek emphasized the need for revenue growth and collaboration to advance C-Bond's unique technologies and product offerings.
C-Bond Systems (OTC: CBNT) has announced that a significant U.S. metropolitan housing authority has purchased samples of its C-Bond Secure and C-Bond BRS products for evaluation. These solutions are designed to enhance glass strength, helping to protect against forced entry and gun violence. C-Bond Secure is a versatile glass-strengthening primer, while C-Bond BRS is a ballistic-resistant system validated for multiple protection levels. The company emphasizes its commitment to safety and has deployed its products in over 80 facilities nationwide.
C-Bond Systems (OTC: CBNT) has announced a new order for its C-Bond BRS ballistic-resistant system from a major news organization for its New York office. This product, independently validated to meet NIJ and UL ballistic protection standards, has already been installed in multiple major news outlets across the U.S. C-Bond BRS combines patented glass strengthening technology with a security film to enhance impact resistance. The company has secured installations in over 80 high-security facilities, highlighting its growing market presence in the safety sector.
C-Bond Systems (OTC: CBNT) announced that a major U.S. city has chosen C-Bond nanoShield to protect its municipal vehicle fleet from windshield damage, reducing repair costs and vehicle downtime. This nanotechnology solution strengthens windshields by repairing microscopic flaws, aiming to expand usage across several thousand city vehicles. The company anticipates significant savings for the city in fleet maintenance costs. The U.S. automotive glass replacement market growth is projected to surpass $8 billion by 2025.
C-Bond Systems (OTC: CBNT) has announced a strategic partnership with Professor Andrew R. Barron to develop a groundbreaking self-healing glass technology aimed at the automotive sector. This initiative focuses on creating a nano-liquid solution that repairs chips and cracks in windshield glass, enhancing safety and reducing replacement needs. The U.S. automotive glass replacement market, valued at over $5 billion in 2016, is projected to exceed $8 billion by 2025. The CEO, Scott R. Silverman, highlighted a strong IP portfolio valued at $33.7 million, indicating ongoing commitment to innovation.
C-Bond Systems (OTC: CBNT) plans to hold an investor call on February 10, 2021, to discuss a significant technology development initiative led by Professor Andrew R. Barron. Barron, a prominent chemist and nanotechnology expert, is the founder of the Energy Safety Research Institute at Swansea University. Investors can join the live call at 10:30 AM EST by dialing specified numbers. A replay will be available from February 9 to February 16, 2021. C-Bond specializes in nanotechnology solutions, including products that enhance glass strength and safety across various sectors.
C-Bond Systems (OTC: CBNT) announced that its MB-10 Tablets are included on the EPA’s List N, effectively sanitizing schools and school buses from viruses, including SARS-CoV-2, when used as directed. With the push for safe school reopenings, the company aims to reach decision-makers in education systems to promote MB-10 Tablets, which are fast-acting, safe for various surfaces, and leave no chemical residue. The tablets disinfect a wide range of materials, ensuring a clean environment for students and staff.
C-Bond Systems (OTC: CBNT) has partnered with American Guardian Warranty Services (AGWS) to include C-Bond NanoShield in AGWS's Appearance Protection Solutions for automotive and recreational vehicles. This move aims to enhance revenue through AGWS's extensive distribution network. The C-Bond NanoShield strengthens glass using advanced nanotechnology, addressing increasing windshield repair costs due to ADAS sensors. The partnership is expected to provide long-term benefits and broaden C-Bond's market reach.
C-Bond Systems (OTC: CBNT) anticipates record revenue of approximately $250,000 for Q3 2020, marking a 40% increase year-over-year. The company forecasts $400,000 for Q4 2020, driven by strategic international distribution partnerships in India and Southeast Asia, indicating a potential 115% growth. Initial orders from distributors are crucial, with minimum commitments of $100,000 for initial orders and $1.0 million annually to maintain exclusivity. Full financial results will be available in the upcoming Form 10-Q in November.