The OTC market serves as a vibrant platform for emerging companies striving for growth and recognition. Every day, a number of stocks listed on the OTC exchange make significant news announcements, capturing the attention of investors searching for potential opportunities. This article provides a brief recap of a few noteworthy developments from yesterday, with a focus on stocks trading below 5 cents.
EPAZZ, INC. (OTC: EPAZ)
EPAZ, a prominent player in the mission-critical technology sector, continues to capture investor attention with its cutting-edge solutions in drone technology, blockchain mobile apps, and cloud-based business software. Within their expanding portfolio, EPAZ has established Galaxy Batteries, Inc. as a dedicated subsidiary focused on pushing the boundaries of battery technology.
Galaxy Batteries, Inc., born out of EPAZ's expertise and innovation, aims to revolutionize battery technologies for high-powered devices and aircraft. Leveraging their experience and commitment to advancing mission-critical solutions, Galaxy Batteries has filed its first patent for artificial intelligence (AI) smart battery technology, signaling a significant leap forward in the field.
The AI smart battery technology developed by Galaxy Batteries harnesses environmental data, including wind speed, humidity, temperature, and pressure, to optimize performance. This innovative approach allows devices like the ZenaDrone 1000 to achieve maximum flight time while ensuring other devices benefit from enhanced battery duration and efficiency. As the ZenaDrone 1000 operates over long distances, the AI smart battery dynamically adjusts output and voltage to adapt to changing weather conditions. Additionally, it monitors battery temperature and health, maintaining a comprehensive history of each battery pack, with the data seamlessly uploaded to the cloud. By leveraging insights from numerous flights, the AI smart battery continuously fine-tunes its algorithms to optimize performance and extend battery life.
The filing of the first patent by Galaxy Batteries is a significant milestone in their journey to become a leader in battery technology. As a subsidiary of EPAZ, Galaxy Batteries is uniquely positioned to drive innovation and shape the future of high-powered battery solutions. The company's commitment to research and development, as evidenced by their focus on AI smart battery technology, underlines their dedication to meeting the evolving needs of the market.
Shaun Passley, PhD, CEO of EPAZ, expressed his enthusiasm, stating, "We are excited to achieve this milestone with Galaxy Batteries, Inc. While our initial emphasis is on ZenaDrone 1000, the broader implications extend to future electric airplanes and various other applications."
By consistently pushing the frontiers of battery technology, EPAZ and its subsidiary, Galaxy Batteries, aim to revolutionize the industry. Investors are encouraged to closely monitor the progress of these companies, as their innovative solutions offer significant potential for growth in the mission-critical technology sector.
Galaxy Next Generation (OTC: GAXY)
GAXY is a provider of interactive learning technology solutions and school communication platforms. With a strong market presence and a network of 22 resellers across the United States, GAXY primarily serves the commercial and educational sectors, with a focus on the K-12 education segment, which contributes significantly to the company's sales.
In recent news, Galaxy announced securing a significant contract worth a minimum of $200,000 from a distinguished school district in Northeast Ohio. Under this contract, Galaxy will supply G2 Bell, Paging, Intercom, and Clock (BPIC) hardware, along with G2 Communicator software, to five schools within the district. This contract win represents a promising growth opportunity for Galaxy as they continue to deliver innovative solutions that meet the evolving needs of educational institutions.
Strategic partnerships have played a pivotal role in Galaxy's expansion. Collaborations with major AV dealers have contributed to increased sales and a robust sales pipeline exceeding $5 million. With an expanded product portfolio, Galaxy is well-positioned to capitalize on higher-margin products and expects to improve profit margins in the future. These partnerships exemplify Galaxy's dedication to delivering exceptional customer service and cutting-edge technology solutions.
Additionally, GAXY received two additional purchase orders worth at least $100,000 under their contract with the same Ohio school district. This repeat business from an existing customer demonstrates the value Galaxy's products add and highlights their commitment to excellent customer service. Licking Heights Local School District expressed satisfaction with Galaxy, citing the user-friendly interface and potential for future upgrades, solidifying a long-term partnership.
GBT Technologies Inc. (OTC: GTCH)
GBT Technologies Inc. (GTCH) is a development stage company specializing in Internet of Things (IoT), Artificial Intelligence (AI), and Mobile Technology Platforms. With a focus on building a robust intellectual property portfolio, including multiple patents, GTCH aims to license its innovative technology and intellectual property to strategic partners in both the hardware and software domains. The company's comprehensive suite of products encompasses smart microchips, AI capabilities, encryption, Blockchain solutions, IC design, mobile security applications, and database management protocols. Notably, GTCH's products enable advanced tracking and cloud software without relying on GPS technology.
In recent news, GTCH provided an update on its EDA (Electronic Design Automation) segment intellectual properties (IP) portfolio. The company introduced Magic2, an AI-driven electronic design automation (EDA) software Suite designed to assist engineers in the integrated circuits (IC) design phase. Magic2 consists of eight integrated software applications that cover specific component processes of the IC design cycle. These tools complement each other, significantly reducing development costs and accelerating the IC design development cycle.
GBT Technologies received patent approval for its Epsilon tool, marking a significant milestone as four out of the eight tools have now received patent approval. The suite of tools, including Epsilon, Omega, Sigma, Phi, Tau, Delta, Kappa, and Zeta, is poised to save substantial engineering time, enhance microchip design efficiency, and deliver better, faster, greener, cheaper, and more reliable microchips. GTCH continues to focus on expanding its family of EDA patents and seeks strategic partnerships to integrate these technologies into a broad marketplace, diversifying risk, and increasing shareholder value.
To provide more transparency and facilitate a better understanding of the technology, GBT Technologies is launching a limited video series, 'GBT News from the CEO Corner,' on the company blog. The CEO, Mansour Khatib, will share insights and short video clips about ongoing news and patents, offering shareholders a deeper understanding of the company's advancements.
DIGITAL LOCATIONS COMPANY (OTC: DLOC)
DLOC is a company operating in the satellite-to-smartphone technology space. Their innovative solution aims to deliver high-speed Internet directly to smartphones worldwide, overcoming the limitations of existing infrastructure. By leveraging satellites and advanced wireless communications, Digital Locations envisions a future where high-speed Internet is accessible to anyone, anywhere, without the need for cell towers or dead zones.
According to CEO Rich Berliner, 'We believe that our satellite-to-smartphone technology can have worldwide impact and be the most disruptive satellite communications technology since the introduction of GPS.'
The company recently announced a significant milestone in their development program by partnering with Florida International University, renowned for its expertise in wireless communications and antenna systems. This collaboration positions Digital Locations to lead the way in developing a truly disruptive technology that can revolutionize the wireless industry.
CEO Rich Berliner expressed his excitement about the collaboration, stating, 'We are thrilled to be working with Florida International University. Their research team includes world-renowned experts in the field of wireless communications and antenna systems.'
The potential impact of Digital Locations' satellite-to-smartphone technology is substantial. With the global broadband market projected to reach $875 billion by 2030, the demand for high-speed Internet continues to grow across various industries. Digital Locations' solution can empower remote learning, enhance healthcare accessibility, facilitate telework, enable participation in public affairs, and provide seamless access to popular online platforms like Netflix and Amazon.
CEO Rich Berliner emphasized the disruptive potential of their technology, stating, 'We believe that our technology will disrupt the wireless world as we know it. Anyone, anywhere, regardless of location, economic status, race or gender will be able to access high-speed Internet service.'
Digital Locations' dedication to innovation and its strategic partnership with Florida International University exemplify their commitment to advancing the satellite industry. As the costs of manufacturing and launching satellites decrease, and with advancements in antenna technology, the company is poised to capitalize on the direct-to-mobile connectivity trend.
While this overview provides insight into Digital Locations and its promising satellite-to-smartphone technology, it's important for potential investors to conduct their own research and consult financial experts before making any investment decisions
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