Phunware Inc Stock Price, News & Analysis

Phunware, Inc. (NASDAQ: PHUN) announced that the USPTO has issued a Notice of Allowance for its patent application US10038972B1 entitled “Monitoring Outdoor and Indoor Regions with Mobile Devices.” This patent enhances Phunware's core patent portfolio for its Multiscreen-as-a-Service (MaaS) platform, enabling improved indoor and outdoor tracking capabilities. The allowance is expected to help Phunware monetize its IP through licensing or legal enforcement, providing clients with precise tracking technology and maintaining competitive advantages in the market.

Phunware, Inc. (NASDAQ: PHUN) will participate in the 34th Annual ROTH Conference from March 13-15, 2022 in Laguna Niguel, California. Executives including President & CEO Alan Knitowski and CFO Matt Aune will hold one-on-one meetings and engage in discussions about blockchain technologies. The ROTH Conference is a leading event for small-cap companies, featuring over 550 participants and 5,100 attendees. Phunware offers a fully-integrated enterprise cloud platform aimed at enhancing mobile user experiences through its innovative solutions.

Phunware, a cloud platform for mobile, announced the launch of its PhunToken (PHTK) liquidity pool rewards program on Uniswap V2. This program incentivizes liquidity providers by offering rewards in PHTK for locking ETH and PHTK for at least 30 days. The initiative aims to enhance the liquidity and decentralization of PhunToken, with the first rewards distributed in April. To participate, liquidity providers must complete a KYC/AML verification and provide a minimum liquidity of 1 ETH and 1 ETH equivalent in PHTK. Future similar initiatives are planned for other decentralized exchanges.

Phunware, a mobile enterprise cloud platform, will participate in the HIMSS Global Health Conference & Exhibition in Orlando, Florida, from March 14-18, 2022. The conference connects healthcare professionals for education and innovation.

Phunware's sales team will showcase their Digital Front Door Solution at Booths from Kontak.io and COX. The HIMSS22 event draws a variety of attendees, including CIOs, executives, and IT professionals, focusing on reimagining health and wellness.

AUSTIN, Texas, Feb. 07, 2022 - Phunware (NASDAQ: PHUN) announced a strategic partnership with Campaign Nucleus to enhance its Smart Advocacy Solution for mobile platforms. This collaboration aims to integrate AI capabilities to support center-right political candidates and organizations. The Smart Advocacy Solution, previously utilized in the Trump 2020 campaign, offers features for audience engagement and voter management. Initial efforts will focus on U.S. political activities, with potential expansion internationally. This partnership underscores Phunware's commitment to leveraging technology in modern political advocacy.

Phunware (NASDAQ: PHUN) will host a fireside chat featuring COO Randall Crowder and advisor Steve Grasso on January 27, 2022, at 12:00 PM ET. The discussion aims to provide insights into Phunware's business outlook for 2022. Steve Grasso, a seasoned market analyst and CEO of Grasso Global Capital, will lead the dialogue, sharing his extensive Wall Street experience. This event will be live-streamed and available for later viewing, facilitating broader investor engagement.

Phunware, Inc. (NASDAQ: PHUN) announced new strategic supplier relationships to enhance its LYTE Technology division, launching a series of optimized high-performance personal computers. These products are tailored for high-end gamers, traders, streamers, and cryptocurrency miners, and were introduced at CES in Las Vegas. The offerings include four specialized PC series: Gaming, Trading, Streaming, and Mining, each designed to meet specific user needs like enhanced graphics, multi-monitor support, and superior hash rates.

Phunware (NASDAQ: PHUN) has partnered with Singapore-based PrimusTech to enhance digital transformation solutions through its Smart Solutions mobile platform. This collaboration aims to provide integrated services, including building management systems and IoT analytics. PrimusTech CEO Amanda M. J. Shen expressed enthusiasm for leveraging Phunware's technology to improve customer value. Phunware's Multiscreen-as-a-Service (MaaS) platform will support operational efficiency and data utilization for clients globally, expanding Phunware's reach into the Asian market.

Phunware, Inc. (NASDAQ: PHUN) has announced the acquisition of 100 bitcoin for approximately $4.975 million, averaging $49,750 per bitcoin, as part of its larger investment strategy in cryptocurrency. This purchase brings Phunware's total bitcoin holdings to about 630, with a total investment of around $36.8 million and an average cost of $58,513 per bitcoin. The move indicates Phunware's commitment to diversifying its asset portfolio and leveraging potential future gains in the cryptocurrency market.