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) reports growing demand for its Patriot Glass Solutions security film, with a recent purchase order exceeding $30,000 from a high school in San Antonio, Texas.
This film, C-Bond Secure, uses patented nanotechnology to enhance glass strength and deter break-ins. The company emphasizes its reputation in Texas schools and its expanding efforts across the country.
The C-Bond BRS ballistic-resistant film also offers advanced protection validated by independent labs for various levels of security.
C-Bond Systems (OTC: CBNT) announced a significant milestone, selling over 5,000 applications of its patented product, C-Bond nanoShield, to a leading automotive warranty company. This product enhances windshield strength and water resistance, aiming to decrease repair claims while providing safety to consumers. The warranty company, renowned in automotive protection, will distribute the product through thousands of dealerships across the U.S. CEO Scott R. Silverman expressed optimism about the partnership, highlighting the value-added benefits for both the warranty provider and customers.
C-Bond Systems (OTC: CBNT) reported record revenue exceeding $540,000 for Q2 2022, marking a remarkable 300% increase compared to Q2 2021. Year-to-date revenue also rose significantly to $1,051,076, a 263% increase. Despite these gains, the company experienced a net loss of $1,009,352, attributed mainly to increased interest expenses. The growing demand for C-Bond's safety and security products, particularly in schools post-Uvalde incidents, has driven this expansion. C-Bond continues to innovate, launching new products and expanding its dealer network.
C-Bond Systems (OTC: CBNT) announced a new order for security film from a private school in Uvalde, TX, through its division Patriot Glass Solutions. The product, C-Bond Secure, enhances glass strength and is aimed at preventing break-ins. Additionally, the company offers C-Bond BRS, a ballistic-resistant film validated to stop bullets, providing vital safety solutions for schools. President Michael Wanke noted a surge in inquiries from Texas schools for such safety enhancements, reflecting a growing demand for protective glass solutions.
C-Bond Systems (OTC: CBNT) announced a purchase order from a D’Hanis, TX school for its security window film and vision control film. This decision follows heightened concerns for safety after the Uvalde tragedy. The C-Bond Secure product enhances glass strength and works with security films to deter break-ins. Additionally, the school is installing vision control film for privacy. C-Bond's Patriot Glass Solutions aims to improve safety in schools nationwide, with significant interest noted.
C-Bond Systems (OTC: CBNT) reports a surge in demand for its ballistic-resistant and forced entry protective window film, especially following the tragic shooting in Uvalde, Texas. The Patriot Glass Solutions division has received purchase orders and numerous bid requests from 15 schools in Texas. As of now, approximately 100 schools have installed the C-Bond BRS system. The company plans to discuss its outlook for the remainder of 2022 during a conference call on July 20.
C-Bond Systems (OTC: CBNT) announced a successful demonstration of its C-Bond BRS ballistic-resistant system on June 22 in San Antonio, TX. This event highlighted the effectiveness of their product, especially in light of the newly enacted Safer Communities Act, which allocates $200 million for school safety programs. The company conducted another demonstration in Los Angeles on June 29. CEO Scott R. Silverman emphasized that these initiatives could generate additional revenue in the school safety market. C-Bond BRS is validated for various levels of ballistic protection.
C-Bond Systems (OTC: CBNT) announced live-fire demonstrations of its C-Bond BRS (ballistic-resistant system) on June 22 in San Antonio, TX, and June 29 in Los Angeles, CA. The demonstrations aim to showcase how their product can enhance school safety amidst recent bipartisan Senate discussions on school security. C-Bond BRS is validated for NIJ Level I and II protection, using patented glass strengthening technology. Interested parties including school personnel and law enforcement are invited to attend.
C-Bond Systems (OTC: CBNT) announced significant growth with purchase orders exceeding $100,000 for its C-Bond Secure product at three federal facilities in Texas, including a U.S. Air Force Base. This product, designed to enhance glass strength and deter forced entry, is compatible with various window films. The division aims to provide increased security amid rising safety concerns. C-Bond also offers C-Bond BRS, a ballistic-resistant film system validated for multiple levels of protection, further showcasing its commitment to innovative security solutions.
C-Bond Systems (OTC: CBNT) announced a new purchase order for its C-Bond BRS, a ballistic-resistant film system designed for school safety in Texas. This development follows an interview with CEO Scott R. Silverman and President Allison Tomek, where they emphasized the importance of this technology in enhancing school security against active shooter situations. The C-Bond BRS system combines patented glass strengthening technology with security film, providing verified ballistic resistance. The company aims to promote its solutions nationwide to improve safety in educational institutions.