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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) has successfully installed security and ballistic film in approximately 100 Texas schools through its Patriot Glass Solutions Division. The Texas Legislative Budget Board has allocated $400 million for enhancing school safety measures, which includes window upgrades. The Texas Education Agency has proposed a mandate for security window film in schools, offering a significant market opportunity for C-Bond. The company plans to discuss this proposal and market prospects in an investor call on January 24, 2023. C-Bond's products meet stringent safety standards, positioning it as a leading provider in the security film market.
C-Bond Systems (OTC: CBNT) announced a significant investment by CEO Scott R. Silverman, who purchased over 54 million shares at a market price of $0.0055, totaling $300,000. This investment reflects Silverman's confidence in the company's potential, particularly within its Patriot Glass Solutions division, which is experiencing increased demand due to heightened concerns over school safety. Furthermore, the C-Bond nanoShield is seeing growth opportunities in the vehicle warranty sector. C-Bond plans to file a Form 8-K with further details on this investment.
C-Bond Systems (OTC: CBNT) reported significant revenue growth in 2022, driven by safety solutions for schools and partnerships in the transportation sector. The company installed its ballistic-resistant film, C-Bond BRS, in about 100 Texas schools, and expanded its dealer network to 19. C-Bond Secure improves window film adhesion and deters break-ins. The nanoShield product has shown sales growth, especially in the warranty market. With a robust patent portfolio valued over $33 million, C-Bond is poised for further growth in 2023 amid rising safety concerns.
C-Bond Systems (OTC: CBNT) announced a purchase order for its C-Bond BRS ballistic-resistant film system from a private school in Uvalde, TX, aiming to enhance student safety against gun violence. This film has received validation from independent laboratories for its ballistic protection capabilities. Scott R. Silverman, CEO, noted this is the second private school in Uvalde to implement their security film since earlier tragedies. C-Bond provides proven and cost-effective solutions for vulnerable glass areas, reinforcing safety measures in educational environments.
C-Bond Systems (OTC: CBNT) reported over $200,000 in sales of its nanoShield™ product to a significant distributor in the windshield warranty market this year. The distributor’s business has shown consistent growth, attributed to the product’s effectiveness in reducing repair and replacement claims. C-Bond nanoShield is a liquid solution that enhances windshield strength and has hydrophobic properties, improving visibility in wet conditions. CEO Scott R. Silverman expressed optimism about the distributor's success and increasing customer adoption, which is creating a profitable warranty program.
C-Bond Systems (OTC: CBNT) announced the successful installation of its shooter attack and safety film at 40 schools in San Antonio, Texas, fulfilling a previously awarded contract for 10 schools. This initiative is part of the company's efforts to enhance school safety using two key products: C-Bond Secure and C-Bond BRS. The latter has been validated for NIJ Level IIA to Level II ballistic resistance. Demand for these products remains strong, with the company working on expanding their usage in schools nationwide.
Charlie Clark Automotive Group has adopted C-Bond nanoShield™ for all new and used vehicles at its six Texas dealerships. This patented windshield strengthener aims to lower claim rates under their existing warranty program. C-Bond nanoShield enhances windshield durability by preventing chips and cracks, thus reducing repair costs associated with Advanced Driver Assistance Systems. CEO Scott R. Silverman expressed confidence in the product's potential to reduce claims, which could lead to broader use across Charlie Clark’s operations.
C-Bond Systems (OTC: CBNT) announced a significant purchase order exceeding $127,000 from Cotulla Independent School District in Texas for its C-Bond BRS bullet-resistant and Secure forced entry film systems. This marks the largest order from a school district to date, with installations set to begin later this month. The products are aimed at enhancing security in educational facilities. The quick decision by the school district follows concerns over safety after a recent shooting. C-Bond's products are validated to provide multiple levels of ballistic resistance.
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C-Bond Systems, Inc. (OTC:CBNT) will present at the 148th National Investment Banking Association (NIBA) conference on September 8, 2022, in Hollywood, FL. CEO Scott R. Silverman will discuss the company's patented C-Bond technology, which enhances glass strength for automotive and structural uses. The firm offers products like nanoShield for windshields and ballistic-resistant solutions via A1 Glass Coating. The NIBA conference connects small-cap companies with investors, having raised over $30 billion in its history.