Stardust Solar Adds 93rd Franchise Territory with Biloxi, Mississippi Expansion
Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) has expanded its franchise network by awarding a new territory in Biloxi, Mississippi, bringing its total to 93 franchise territories across North America. The agreement, effective May 15, 2025, grants exclusive rights to six counties in southern Mississippi and includes a right of first refusal for four additional territories in Louisiana and Alabama.
The Biloxi franchise covers a region with approximately 400,000 residents and strategic proximity to port, tourism, and military infrastructure. This expansion represents significant progress from the company's 78 territories at the start of 2024, keeping them on track to exceed 100 franchises by year-end. New franchisees receive access to Stardust's turnkey sales platform, engineering resources, and solar-training programs.
Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) ha ampliato la sua rete di franchising assegnando un nuovo territorio a Biloxi, Mississippi, portando il totale a 93 territori in franchising in tutta l'America del Nord. L'accordo, valido dal 15 maggio 2025, concede diritti esclusivi su sei contee del sud del Mississippi e include un diritto di prelazione per quattro territori aggiuntivi in Louisiana e Alabama.
Il franchise di Biloxi copre una zona con circa 400.000 abitanti e una posizione strategica vicino a porti, turismo e infrastrutture militari. Questa espansione rappresenta un progresso significativo rispetto ai 78 territori all'inizio del 2024, mantenendo l'obiettivo di superare i 100 franchise entro fine anno. I nuovi franchisee avranno accesso alla piattaforma di vendita chiavi in mano di Stardust, alle risorse di ingegneria e ai programmi di formazione nel settore solare.
Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) ha ampliado su red de franquicias otorgando un nuevo territorio en Biloxi, Mississippi, aumentando su total a 93 territorios de franquicia en toda América del Norte. El acuerdo, vigente desde el 15 de mayo de 2025, concede derechos exclusivos sobre seis condados del sur de Mississippi e incluye un derecho de tanteo para cuatro territorios adicionales en Louisiana y Alabama.
La franquicia de Biloxi cubre una región con aproximadamente 400,000 habitantes y una ubicación estratégica cercana a puertos, turismo e infraestructura militar. Esta expansión representa un avance significativo respecto a los 78 territorios a principios de 2024, manteniendo la meta de superar las 100 franquicias para fin de año. Los nuevos franquiciados tendrán acceso a la plataforma de ventas llave en mano de Stardust, recursos de ingeniería y programas de capacitación en energía solar.
Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF)는 미시시피주 빌록시에 새로운 프랜차이즈 지역을 추가하며 북미 전역에 총 93개의 프랜차이즈 지역을 보유하게 되었습니다. 2025년 5월 15일부터 유효한 이번 계약은 미시시피 남부의 6개 카운티에 대한 독점 권리를 부여하며, 루이지애나와 앨라배마의 4개 추가 지역에 대한 우선 매수권도 포함합니다.
빌록시 프랜차이즈는 약 40만 명의 주민이 거주하는 지역을 포함하며 항구, 관광, 군사 인프라와 전략적으로 인접해 있습니다. 이번 확장은 2024년 초 78개 지역에서 크게 진전된 것으로, 연말까지 100개 이상의 프랜차이즈를 목표로 하고 있습니다. 신규 프랜차이즈는 Stardust의 원스톱 판매 플랫폼, 엔지니어링 자원, 태양광 교육 프로그램을 이용할 수 있습니다.
Stardust Solar Energy Inc. (TSXV : SUN) (OTCQB : SUNXF) a étendu son réseau de franchises en accordant un nouveau territoire à Biloxi, Mississippi, portant son total à 93 territoires franchisés à travers l'Amérique du Nord. L'accord, effectif à partir du 15 mai 2025, accorde des droits exclusifs sur six comtés du sud du Mississippi et inclut un droit de premier refus pour quatre territoires supplémentaires en Louisiane et en Alabama.
La franchise de Biloxi couvre une région d'environ 400 000 habitants et bénéficie d'une proximité stratégique avec des infrastructures portuaires, touristiques et militaires. Cette expansion représente un progrès significatif par rapport aux 78 territoires au début de 2024, maintenant l'objectif de dépasser les 100 franchises d'ici la fin de l'année. Les nouveaux franchisés auront accès à la plateforme de vente clé en main de Stardust, aux ressources d'ingénierie et aux programmes de formation solaire.
Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) hat sein Franchise-Netzwerk erweitert und ein neues Gebiet in Biloxi, Mississippi vergeben, womit die Gesamtzahl auf 93 Franchise-Gebiete in Nordamerika steigt. Die Vereinbarung, gültig ab dem 15. Mai 2025, gewährt exklusive Rechte für sechs Landkreise im Süden von Mississippi und beinhaltet ein Vorkaufsrecht für vier weitere Gebiete in Louisiana und Alabama.
Das Franchise in Biloxi umfasst eine Region mit etwa 400.000 Einwohnern und liegt strategisch nahe an Hafen-, Tourismus- und Militärinfrastruktur. Diese Erweiterung stellt einen bedeutenden Fortschritt gegenüber den 78 Gebieten zu Beginn des Jahres 2024 dar und hält das Unternehmen auf Kurs, bis Jahresende über 100 Franchises zu erreichen. Neue Franchisenehmer erhalten Zugang zur schlüsselfertigen Vertriebsplattform von Stardust, zu technischen Ressourcen und zu Schulungsprogrammen im Solarbereich.
- Expansion to 93 franchise territories from 78 at the start of 2024, showing rapid growth
- Strategic location in the U.S. Gulf Coast, a fast-growing solar market with favorable conditions
- Coverage of six counties with 400,000 population and proximity to key infrastructure
- Option to expand into four additional territories in Louisiana and Alabama
- On track to exceed 100 franchises by year-end 2025
- None.
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) a North American leader in residential and commercial solar energy solutions, today announced that it has awarded a new franchise in Biloxi, Mississippi, effective May 15, 2025. The Biloxi agreement brings the Company's network to 93 franchise territories across Canada and the United States, up from 92 prior to this announcement.
The new franchise grants exclusive rights to six counties in southern Mississippi and provides a right of first refusal to acquire up to four additional territories in neighboring Louisiana and Alabama.
"The U.S. Gulf Coast is one of the fastest-growing solar markets, thanks to abundant sunshine, favorable incentives, and a resilient energy-conscious customer base," said Mark Tadros, Founder & Chief Executive Officer of Stardust Solar. "Adding Biloxi as our 93rd franchise underscores our strategy of concentrating growth in high-demand regions and keeps us firmly on track to exceed 100 franchises by year-end."
Key Highlights
Strategic Location: Biloxi franchise covers six coastal counties with a combined population of roughly 400,000 and proximity to major port, tourism, and military infrastructure.
Growth Optionality: Right-of-refusal could add up to four more territories across Louisiana and Alabama, providing regional economies of scale.
Network Milestone: Stardust Solar's franchise system now stands at 93 territories, reflecting the Company's rapid expansion from 78 territories at the start of 2024.
Franchise Support: New partners benefit from Stardust Solar's turnkey sales platform, engineering resources, and industry-leading solar-training programs.
About Stardust Solar:
Stardust Solar is a North American franchisor of renewable energy installation services, specializing in solar panels (PV), energy storage systems, and electric vehicle supply equipment. The Company equips entrepreneurs with branded business management services, cutting-edge equipment, and comprehensive support, including marketing, sales, engineering, and project management. With franchises across Canada and the United States, Stardust Solar drives the adoption of clean energy solutions that boost economic development and create a more sustainable future.
Media and Investor Contacts:
Steve Rickaby
Communications and Investor Relations
Phone: 1-672-472-1345
Email: steve@stardustsolar.com
Website: www.stardustsolar.com
Disclaimer:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements, including statements relating to the Company's business plans and expected future growth, expected franchise expansions, the outlook of future operations, revenue growth, new opportunities and the demand for the Company's products. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Any number of factors could cause actual results to differ materially from these forward‐looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention. It assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252361
FAQ
How many franchise territories does Stardust Solar (SUNXF) now have after the Biloxi expansion?
What is the population coverage of Stardust Solar's new Biloxi franchise territory?
How many franchise territories has Stardust Solar (SUNXF) added since the start of 2024?
What expansion options does the Biloxi franchise agreement include?
What is Stardust Solar's (SUNXF) franchise target for the end of 2025?
