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Energy Plug Technologies Corp. (PLGGF) delivers innovative battery storage and energy management solutions for residential, commercial, and decentralized applications. This news hub provides timely updates on strategic developments and technological advancements in renewable energy infrastructure.
Access comprehensive coverage of earnings announcements, product innovations, and partnerships with Indigenous communities and technology leaders. Stay informed about PLGGF's progress in enhancing grid reliability through quantum-secure energy systems and off-grid EV charging solutions.
Key updates on decentralized power networks for crypto mining and modular energy storage deployments. All content is curated to meet investor needs while adhering to financial disclosure standards.
Bookmark this page for ongoing insights into PLGGF's role in advancing sustainable energy technologies. Regular updates ensure you remain informed about critical developments in smart grid solutions and industry partnerships.
Energy Plug Technologies Corp. (PLGGF) has announced the engagement of Atlas Strategic Advisors as its strategic advisors. Cody Mallette, Managing Director of Atlas, who brings extensive experience in government relations and regulatory affairs, will lead the advisory role.
As part of the engagement, the company has granted 600,000 restricted share units (RSUs) to Mallette and Atlas, valid for 5 years. Additionally, the company has granted 1,100,000 RSUs to consultants and 1,500,000 stock options to officers and consultants, with 500,000 options exercisable at $0.18 per share and 1,000,000 at $0.165 per share.
The company also announced a warrant amendment extending the expiry date of 7,800,000 warrants from September 14, 2025, to September 14, 2026, maintaining the exercise price at $0.10. The amendment requires Canadian Securities Exchange approval.
Energy Plug Technologies Corp (CSE: PLUG) (OTCQB: PLGGF) has announced the appointment of Rebecca Hudson as Chief Financial Officer. Hudson brings over 26 years of experience in accounting, financial reporting, corporate finance, risk management, financial audit, and corporate governance.
Hudson, a Chartered Professional Accountant (CPA, CA), holds a Bachelor's Degree and Masters of Accounting from the University of Waterloo. Her extensive experience spans various industries, including mining and exploration, oil and gas, cannabis, manufacturing and retail, and not-for-profit. She has previously served as CFO and consultant for multiple publicly-listed resource companies with projects across North and South America and Europe.
The company has bid farewell to outgoing CFO, Connie Hang.
Energy Plug Technologies (CSE: PLUG) (OTCQB: PLGGF) has appointed John Keith King to its Advisory Board. Mr. King brings extensive expertise in secure communications, enterprise architecture, and AI-driven cybersecurity, having previously served as Lead Engineer for the U.S. Presidential Direct Communications Link between The White House and the Kremlin.
His distinguished career includes key positions at USSPACECOM, USAFRICOM, the Joint Chiefs of Staff, and the U.S. Department of State. In his new advisory role, King will focus on expanding Energy Plug's market presence in government and defense energy procurement, strengthening industry partnerships, and integrating advanced cybersecurity measures into energy storage solutions.
The appointment aligns with Energy Plug's strategy to enhance its position in resilient, quantum-secure energy solutions and leverage King's extensive network of industry leaders, government officials, and military stakeholders to secure high-value partnerships.
Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) has successfully closed the second and final tranche of its non-brokered private placement, raising $50,000 through the issuance of 333,333 units at $0.15 per unit. Each unit includes one common share and one warrant exercisable at $0.25 for one year.
The total private placement was oversubscribed, raising aggregate gross proceeds of $1,217,999 through the issuance of 8,119,993 units. The securities will have a four-month plus one day regulatory hold period. The company plans to use the net proceeds for general working capital purposes. No finder's fees were paid for the final tranche.
Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) has closed the first tranche of its non-brokered private placement, raising $1,167,999 through the issuance of 7,786,660 units at $0.15 per unit. Each unit consists of one common share and one purchase warrant with an exercise price of $0.25 per share, valid for one year from the closing date.
The company reports the placement was oversubscribed. The securities will have a regulatory hold period of four months plus one day. The net proceeds will be used for general working capital purposes. As part of the closing, 529,066 Finders Warrants were issued to Haywood Securities Inc. (311,999), Ventum Financial Corp. (162,667), and Research Capital (54,400).
Energy Plug Technologies Corp. (PLGGF) has signed an MOU with Quantum eMotion Corp. to incorporate quantum encryption technology into their energy storage and management solutions. This strategic partnership aims to address growing cybersecurity challenges in digitalized power grids.
The collaboration will integrate Quantum eMotion's quantum-secure encryption into Energy Plug's battery energy storage systems (BESS), inverters, and energy management platforms. This initiative targets enhanced protection for critical infrastructure against cyber threats in various sectors including utilities, microgrids, AI-powered data centers, and defense.
According to Paul Dickson, Energy Plug's CEO, the partnership focuses on fortifying critical infrastructure security as energy systems become increasingly smart and decentralized. Francis Bellido, QeM's CEO, emphasized that conventional security measures are insufficient for protecting energy infrastructure. This development comes as 65% of energy professionals identify cybersecurity as their industry's greatest current risk, according to DNV Cyber.
Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) has signed an MOU with Quantum eMotion Corp. to integrate quantum encryption technology into Energy Plug's energy storage and management solutions. The partnership aims to address cybersecurity challenges in digitalized power grids by incorporating Quantum eMotion's quantum-secure encryption into battery energy storage systems (BESS), inverters, and energy management platforms.
The collaboration focuses on protecting critical infrastructure against cyber threats, with applications across utilities, microgrids, AI-powered data centers, defense, and critical infrastructure. According to a DNV Cyber report, 65% of energy professionals identify cybersecurity as their industry's greatest current risk. This strategic initiative is expected to create new opportunities in both domestic and international markets by setting new standards for data protection in the energy sector.
Energy Plug Technologies Corp. (PLGGF) has announced significant advancements in energy storage technology, combining enhanced inverter capabilities with quantum cybersecurity integration. The company is developing an upgraded controller system that offers increased efficiency through optimized power conversion, enhanced reliability with advanced diagnostics, and improved adaptability for various applications from residential to grid-level installations.
The company is actively exploring quantum encryption integration into its inverter systems, aiming to provide superior security for critical infrastructure and large-scale renewable energy projects against sophisticated cyberattacks. Energy Plug is seeking partnerships with quantum technology providers to implement these security features.
The company has also reappointed Dr. Ramtin Rasoulinezhad as Director of Innovation and Technology. Dr. Rasoulinezhad, a Clean Energy 50 honoree and Business in Vancouver top 40 under 40 recipient, brings extensive engineering expertise in Energy and Security sectors, holding dual MSc degrees in Power Systems and Power Electronics, and a PhD focused on hybrid distributed energy resources.
Energy Plug Technologies Corp. (OTCQB: PLGGF) has announced significant advancements in energy storage technology, combining enhanced inverter technology with quantum cybersecurity integration. The company's upgraded controller offers increased efficiency through optimized power conversion, enhanced reliability with advanced diagnostics, and improved adaptability for various applications from residential to grid-level deployments.
The company is actively exploring quantum encryption integration into its inverter systems to protect against cyber threats, particularly for critical infrastructure and large-scale renewable energy projects. Energy Plug is seeking partnerships with quantum technology providers to implement these security features.
Additionally, Dr. Ramtin Rasoulinezhad has been reappointed as Director of Innovation and Technology. Dr. Rasoulinezhad, a Clean Energy 50 honoree and Business in Vancouver top 40 under 40 recipient, brings extensive engineering expertise in Energy and Security sectors.
Energy Plug Technologies Corp (CSE: PLUG) (OTCQB: PLGGF) has completed the final tranche of its non-brokered private placement, raising $185,010 through the issuance of 2,643,000 units at $0.07 per unit. Combined with the previous tranche, the total gross proceeds reached $1,200,194 from 17,145,624 units.
Each unit consists of one common share and one purchase warrant exercisable at $0.10 per share for one year. The warrants include an acceleration clause if shares trade at $0.15 or higher for 20 consecutive days. The securities have a four-month plus one-day hold period.
The company will use proceeds for R&D, product certification, trade payables repayment, and working capital. A finder's fee of $14,000 and 200,000 Finder's Warrants were issued to Canaccord Genuity Corp.
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