SOLSTICE ADVANCED MATLS INC Stock Price, News & Analysis

Sollensys Corp (OTCQB:SOLS) has partnered with Wise Telecom to distribute its Cybersecure product in Mexico, targeting Wise Telecom's employees and client base. This employee benefit program aims to enhance cybersecurity awareness and protect personal data amid increased remote working risks. The product utilizes dual blockchain technology to provide security typically reserved for larger corporations. CEO Donald Beavers emphasized the significance of personal cybersecurity understanding among employees, paving the way for better practices in the workplace.

Sollensys Corp (OTCQB:SOLS) has expanded its cybersecurity suite to include corporate-sponsored employee accounts aimed at combating malware and ransomware threats. This program allows companies to provide blockchain-based data storage solutions to their employees for personal device security. CEO Don Beavers emphasized the importance of extending data protection tools to employees working from home, fostering improved security awareness. This initiative aligns with Sollensys' goal of becoming a leading blockchain data company, catering to rising security concerns amid increased remote work.

Sollensys Corp (OTCQB:SOLS) has partnered with Eta Space to provide cybersecurity solutions for their upcoming cryogenic refueling depots, launching in 2024. This collaboration focuses on protecting critical data from ransomware in the space economy. Eta Space, awarded by NASA, is developing orbital test platforms like LOXSAT to study cryogenic fluids in space. Sollensys offers blockchain-based cybersecurity solutions to secure organizations' operational data against cyber threats. The initiative illustrates a significant advancement in space infrastructure safety.

Sollensys Corp (OTCQB:SOLS) has announced the acquisition of a new data center facility in Little Rock, Arkansas, expanding its operational capacity. This acquisition adds a 5,044 sq/ft facility and is part of a larger real estate investment totaling approximately $3.3 million. The new center features essential infrastructure, including a Kohler back-up generator and high-speed fiber optic connectivity. CEO Don Beavers stated that this facility will enhance the company’s capabilities and provide improved value to clients.

Sollensys Corp (OTCQB:SOLS) announced a definitive agreement to merge with Celerit, a 37-year-old IT services firm, for approximately $22 million in cash and stock. This merger aims to enhance Sollensys' cybersecurity solutions, specifically in ransomware recovery using blockchain technology, targeting the financial sector. Celerit brings over $11 million in annual gross revenues and a skilled workforce. The deal is expected to strengthen both companies' positions in the market, with Sollensys leveraging Celerit's established client base.

Sollensys Corp (OTCQB:SOLS) announced a partnership with Constant, integrating its blockchain data assurance solution into Constant's digital loan servicing and loss mitigation platform. This integration will provide an immutable archive for banking transactions, enhancing security against cyber threats. As financial services face increasing cyber-attacks, this collaboration aims to deliver superior data protection. The agreement was facilitated by Acadia Leadership Partners. The partnership is expected to strengthen Constant's position in the banking sector by improving operational efficiency and customer engagement.

Sollensys Corp (OTCQB:SOLS) has entered an agreement with Smart City Capital to provide blockchain-based ransomware recovery solutions for smart city projects. The partnership aims to enhance data security for state, local, and educational agencies, addressing increasing cyber-attack threats. Smart City Capital plans to invest $2.25 million in Sollensys' infrastructure over five years, with an additional $2 million annual commitment for blockchain storage. This collaboration is expected to facilitate faster disaster recovery and reduce operating costs for municipalities.

Sollensys Corp (OTCQB:SOLS) has appointed Chele Rider as Head of Indigenous Relations. Rider, an expert in Emergency Management with 16 years at the American Red Cross and FEMA, will leverage her experience to bolster the company's mission of enhancing cybersecurity through blockchain technology. CEO Don Beavers emphasized the importance of rapid response to ransomware threats, highlighting Rider's background in teaching cybersecurity. Rider aims to protect tribal communities and their businesses from cybercrime, reinforcing Sollensys's commitment to safeguarding organizational data.

Sollensys Corp (OTCQB:SOLS) has entered into a strategic reseller agreement with Octopy, a technology firm serving major institutions, including the Mexican government. This partnership aims to enhance cyber defense by utilizing Sollensys's advanced blockchain technology to protect critical data assets from hacking and ransomware threats. Sollensys emphasizes its mission to prevent ransom payments by securing immutable data copies. The collaboration is set to bolster cybersecurity measures across various industries, including government and finance.