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Solstice Advanced Materials Inc. reports developments in high-performance specialty materials, with recurring updates on refrigerants, electronic materials, nuclear services, protective fibers and healthcare packaging. Its announcements discuss sales and margin performance across Refrigerants & Applied Solutions and Electronic & Specialty Materials, demand tied to semiconductor manufacturing, data center cooling and nuclear power, and the transition toward lower global warming potential refrigerants.
Company news also includes common-stock dividend declarations and updates on uranium hexafluoride conversion at the Metropolis Works facility. That nuclear business converts uranium ore concentrate into UF6 for the nuclear fuel supply chain, with ConverDyn serving as the exclusive marketing agent for UF6 produced at the facility.
Sollensys Corp (OTC:SOLS) announces the launch of its new Sollensium portal, a private blockchain data storage solution aimed at individuals and small businesses. This platform democratizes access to blockchain security, providing an affordable and user-friendly interface for safeguarding digital assets against cyber threats. The portal supports various file types, including video, and allows easy retrieval of data. Sollensys aims to protect users from data theft and ransomware, offering a reliable digital vault for creative content and personal data.
Sollensys Corp (OTC PINK:SOLS) announced a successful preliminary validation test of a blockchain verification algorithm designed to withstand attacks from advanced quantum computers. This test utilized lattice-based cryptography and aimed to secure data comparable to that produced daily by large banking corporations. CEO Don Beavers emphasized the importance of developing quantum-resistant cryptographic algorithms as a national priority, positioning Sollensys to lead in this critical security sector. The new algorithms will be offered alongside existing products to enhance data security.
Sollensys Corp (OTC PINK:SOLS) has successfully acquired Abstract Media, LLC, a leading AR/VR company, enhancing its cybersecurity solutions built on blockchain technology. This acquisition aims to secure corporate training data against cyber threats, contributing to Sollensys' mission to mitigate cybercrimes. Abstract Media's proprietary training modules serve clients like Rolls Royce and Texas A&M University, which supports Sollensys in safeguarding critical training data. The integration is expected to bolster Sollensys' capabilities and provide significant market advantages.
Sollensys Corp (OTC PINK:SOLS) has announced a merger agreement to acquire Celerit Corporation and Celerit Solutions Corporation, enhancing its cybersecurity capabilities within the banking sector. The acquisition, expected to close within 60 days, aims to provide banking institutions with critical protection against cyber threats. With Celerit, Sollensys will gain industry expertise, assets, and a robust customer success department serving major financial institutions since 1985. This strategic move aligns with Sollensys' mission to create a secure digital environment for banking.
Sollensys Corp (OTC PINK:SOLS) has appointed Julie Rieger, former President of Twentieth Century Fox Film, as Chief Data Strategist. Rieger brings extensive experience in technology and data-driven strategies to enhance Sollensys' mission of creating a blockchain-based cybersecurity platform. Rieger emphasized the importance of protecting personal identifiable information and intellectual property as critical assets. The company's flagship product, the Blockchain Archive Server, secures data against ransomware, providing a resilient backup system through blockchain technology.
Sollensys Corp has acquired Abstract Media, LLC to enhance its cybersecurity offerings utilizing blockchain technology. This acquisition aims to secure corporate training data from cyber threats, making it impossible for cybercriminals to compromise training content. Abstract Media, renowned for its AR/VR solutions, has partnered with major organizations, enhancing Sollensys' strategy against cybercrimes. The acquisition is expected to bolster data integrity and competitive advantages for clients by integrating advanced technology with innovative training methodologies.
Sollensys Corp (OTC PINK:SOLS) has acquired a 35,793 sq. ft. facility in Palm Bay, Florida for approximately $2.5 million. The new headquarters will enhance the company's capacity to deliver blockchain solutions, catering to a growing client base. Key features of the building include a 3.7-acre lot, emergency power, and specialized communication facilities. This acquisition reflects Sollensys's commitment to expanding its infrastructure to meet the increasing demand for data integrity services.
Sollensys Corp (OTC PINK:SOLS) has officially registered for the International Traffic in Arms Regulations (ITAR) with the U.S. State Department. This registration enhances Sollensys's commitment to compliance with regulations governing the export and transfer of defense-related articles and services. It aims to strengthen the company’s position in the aerospace and defense markets by offering its Blockchain Archive Server solution to government customers. CEO Don Beavers emphasized that ITAR compliance is crucial for meeting customer needs in new sectors.
Sollensys Corp (OTC:SOLS) has announced that Southeast Imaging, part of American Medical Imaging, has implemented its Blockchain Regional Service Center to secure critical client and patient data against ransomware and malware. This advanced disaster recovery solution enhances data protection through blockchain technology, ensuring data integrity and security. Southeast Imaging aims to set a standard in the imaging sector for data safety. The Blockchain Archive Server from Sollensys provides a turn-key solution that encrypts and distributes data, reinforcing cybersecurity measures for healthcare facilities.
Sollensys Corp. (OTC PINK:SOLS), a blockchain solutions company, has contracted to acquire a 35,793 sq. ft. laboratory in Palm Bay, Florida, for $2.5 million. This facility, set to close in late May 2021, will serve as the company's new headquarters and is designed to accommodate all data storage needs for at least three years. Key features include emergency power generation, sensitive compartmented information facility (SCIF) areas, and ample parking. CEO Don Beavers emphasized that this expansion aims to enhance services for the growing client base in blockchain technology.