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PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Advances New 6.9 MW Solar Project in New York’s Capital District

  • The renewable energy company has signed a lease agreement for a 6.9 MW DC ground-mounted solar project in New York’s Capital District.
  • The project, known as NY-Crawford Rd, is expected to qualify for incentives under the NYSERDA NY-Sun Program, and, once operational, it will supply enough clean energy to power approximately 800 homes.
  • The company has already begun the interconnection application and preliminary screening analysis, marking the first stage of development.
  • PowerBank brings experience from over 100 MW of completed projects and a development pipeline exceeding 1 GW, contributing to New York’s Climate Leadership and Community Protection Act goal of 6 GW of solar capacity by 2025.

Disseminated on behalf of PowerBank Corporation

PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced progress on a new 6.9-megawatt (“MW”) direct current (“DC”) solar project in New York’s Capital District. The initiative, called the NY-Crawford Rd Project, represents another step in the company’s ongoing strategy to expand its footprint in distributed and community solar infrastructure across North America (https://ibn.fm/lKPjF).

According to PowerBank’s announcement, the lease agreement for the project site has been finalized. The company has initiated the interconnection process, which includes a preliminary screening analysis to assess grid capacity and technical feasibility. Once approval is granted, PowerBank plans to move forward with permitting and project financing before construction begins.

The NY-Crawford Rd Project will operate as a community solar development, a model that enables residents, businesses, and renters to access renewable energy without installing panels on their own properties. Under this model, subscribers receive credits on their monthly utility bills based on the electricity produced by the shared solar array. The system feeds clean energy directly into the local grid, allowing participants to offset their consumption with renewable power and lower their overall electricity costs.

For the region, the project will contribute enough renewable energy to power around 800 homes, furthering the state’s broader decarbonization and energy resilience goals.

The project aligns with the New York State Energy Research and Development Authority (“NYSERDA”) NY-Sun Program, which provides financial incentives and technical support for solar developers. The initiative is a cornerstone of New York’s Climate Leadership and Community Protection Act (“CLCPA”), which mandates at least 6 GW of distributed solar capacity by 2025 and 70% renewable electricity by 2030.

With nearly one-third of the U.S.’s 6.2 GW of installed community solar capacity located in New York, the state remains a national leader in the sector. PowerBank’s project adds incremental progress toward those targets while broadening access to renewable power in the Capital District region.

PowerBank Corporation has more than 100 MW of completed renewable energy projects and a development pipeline exceeding 1 GW. Its business model combines project origination, financing, and long-term asset management, with customers spanning utilities, municipalities, and commercial entities.

By developing projects like NY-Crawford Rd, PowerBank aims to diversify its revenue streams and strengthen its portfolio of income-generating clean energy assets.

Following the completion of interconnection and permitting, PowerBank intends to secure financing for the construction phase. The company has not yet announced a construction start date but indicated that the project will proceed upon approval of the necessary regulatory steps.

For more information, visit the company’s website at https://PowerBankCorp.com.

This report contains forward looking information. Please refer to the press release entitled “PowerBank Announces New 6.9 MW Solar Project in the Capital District, New York” and dated October 7, 2025, for additional details on the information, risks and assumptions.

NOTE TO INVESTORS: The latest news and updates relating to SUUN are available in the company’s newsroom at https://ibn.fm/SUUN

SuperCom Ltd. (NASDAQ: SPCB) Cements Leading Role in Electronic Monitoring with New Contracts, Technological Advancements

  • The company continues to expand its role in the global electronic monitoring (“EM”) market, securing new contracts in the U.S. and Europe.
  • PureSecurity(TM) platform integrates GPS, RFID, and mobile-based monitoring solutions for a range of public safety programs.
  • EM technology for offender monitoring has demonstrated significant reductions in recidivism across international studies, underscoring its growing importance in justice reform.
  • SuperCom’s recent win in Virginia marks its second engagement in the state since May 2025, reflecting accelerated U.S. growth.
  • In Germany, SuperCom secured a national contract worth approximately $7 million, replacing a long-standing provider of over two decades.
  • The company has signed more than 30 new contracts globally since mid-2024, expanding its footprint in offender tracking and domestic violence prevention.

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, is cementing its position as a key player in the growing market for electronic monitoring (“EM”). With new contract wins across North America and Europe, the company is seeing strong adoption of its modular PureSecurity(TM) platform, which integrates GPS, RFID, and cloud-based tracking systems into one unified solution.

The expansion comes amid a broader shift in how governments and courts approach public safety and rehabilitation. Recent academic studies show that EM used for offender monitoring can significantly reduce recidivism. Research from Argentina found that electronic monitoring reduced the one-year recidivism rate by up to 48% (Di Tella and Schargrodsky, 2013) (https://ibn.fm/OpkuO), while a study in Australia showed a 28% drop over two years (Williams and Weatherburn, 2020) (https://ibn.fm/BfjRO). In France, researchers observed a 10% reduction in re-offending within five years (Henneguelle et al., 2016) (https://ibn.fm/Qxl0z).

These findings support EM’s growing reputation as an effective alternative to incarceration, promoting rehabilitation while reducing public costs. EM solutions are now used to enforce house arrest, probation compliance, and domestic violence protection orders, areas where SuperCom has developed particular expertise.

SuperCom’s electronic monitoring technology is anchored by its PureSecurity(TM) platform, a modular suite that can be adapted to a range of correctional and law enforcement applications. The system integrates wearable devices, mobile applications, and cloud-based analytics to enable real-time supervision.

SuperCom’s solutions function as part of an integrated system. For example, PureProtect(TM) notifies potential victims via smartphone alerts if a tracked individual violates a restricted zone, while law enforcement receives immediate data through PureMonitor(TM). This approach ensures both compliance and safety without requiring constant physical supervision.

Additional modules such as PureCom, PureTag, PureBeacon, and PureTrack expand the platform’s flexibility, allowing jurisdictions to tailor configurations for different programs and populations.

Earlier this month, SuperCom announced another U.S. contract win in Virginia, where a local service provider selected the company’s PureSecurity(TM) system to replace an incumbent vendor’s solution (https://ibn.fm/rqhAS). This marks SuperCom’s second contract in the state since May 2025 and the twelfth new reseller partnership across the U.S. since mid-2024.

The new engagement reflects the company’s steady progress in its U.S. expansion strategy. According to CEO Ordan Trabelsi, smaller regional contracts often develop into multi-program collaborations, similar to what has occurred in states such as Alabama, Kentucky, and Tennessee.

Beyond North America, SuperCom continues to grow in Europe. In September, the company reported a national contract win in Germany valued at approximately $7 million, following a competitive tender process (https://ibn.fm/FhHes). The contract replaces a vendor that had managed the program for more than two decades, underscoring SuperCom’s rising reputation among European public safety agencies.

SuperCom already operates multi-year programs in Romania, Sweden, Latvia, and Germany, among others. These projects often involve replacing legacy systems with cloud-integrated solutions that improve real-time monitoring and data analytics capabilities.

Across all markets, the company has signed more than 30 new contracts since mid-2024. Many involve the rollout of upgraded infrastructure or new deployments of the PureSecurity(TM) platform for domestic violence prevention and community-based supervision programs.

The company’s recent momentum reflects a broader industry trend: governments are increasingly adopting digital tools to enhance efficiency, transparency, and rehabilitation outcomes. As demand for electronic monitoring solutions grows, SuperCom’s expanding global footprint positions it well to capture a larger share of the market, as its technology offers measurable cost savings compared to incarceration while maintaining public safety standards.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at https://ibn.fm/SPCB

West Vault Mining Inc. (TSX.V: WVM) (OTCQX: WVMDF): Gold Exposure by Holding Nevada Gold Reserves in the Ground

  • West Vault Mining Inc. (West Vault) has a long-term bullish outlook for gold
  • West Vault seeks lower risk and higher long-term returns by keeping its gold in the ground
  • West Vault has substantially derisked its Hasbrouck Gold Project located in mining-friendly Nevada through completion of a PFS and obtaining all major permits

A Safe Haven Reasserts Itself

Gold’s reputation as a hedge against inflation, weakening currencies and market volatility has rarely felt more relevant. Global investors, from central banks to individuals, continue accumulating the metal as protection against persistent inflation, geopolitical conflict, and the uncertain trajectory of monetary policy.  Many analysts are forecasting rising gold prices, driven by geopolitical tensions and recessionary tailwinds.  With gold already trading over US$4,200 per oz, such forecasts are trending higher. On October 15th J.P. Morgan Chase Chief Executive Officer Jamie Dimon stated that gold “could easily go to $5,000 or $10,000 in environments like this”. With such forecasts as a backdrop, advanced-stage projects in safe jurisdictions are attracting greater attention as future sources of supply.

West Vault’s Strategy

West Vault Mining (TSX.V: WVM) (OTCQX: WVMDF) is a different kind of gold company. It is value driven, seeking to do things that are accretive to long term value per share while not exposing shareholders to development and financing risk until the risk-reward balance is compelling.  What is often missed by investors is that the per ounce cost of holding gold reserves in the ground is typically lower than holding the same number of ounces in a bank vault.  West Vault seeks to provide investors with a platform to hold gold in the ground, and the opportunity to achieve low risk, high long-term returns by minimizing permitting risk, construction risk, operating risk, financial risk, and geopolitical risk.  Reducing risks can lower the assumed discount rate to net asset value (“NAV”) while maximizing long-term exposure to gold.

How does West Vault provide exposure to gold in the ground and lower risks?  Its 100% owned Hasbrouck Gold Project in Nevada has secured all major development permits and is construction-ready, resulting in low permitting risk.  Until a decision is taken to construct and operate a mine, or sell the project, exposure to construction and operating risk does not occur.  Likewise, West Vault seeks to reduce the risk and dilution to shareholders associated with mine financing by waiting for the most opportune economic circumstances – when higher gold prices provide exceptional returns at a low cost of capital.  With the project located in Nevada, amongst the safest, most mining-friendly jurisdictions globally, geopolitical risk is substantially reduced.

A Permitted Project in Nevada

West Vault’s Hasbrouck Gold Project has all the above positive attributes – holding its gold reserves in the ground in a geopolitically favourable location with all major permits and a positive pre-feasibility study in hand.  This is WVM’s “gold vault” and hence the name “West Vault.”

As investors know, jurisdiction matters in mining, and Nevada remains a premier location (Fraser Institute 2024 Annual Survey of Mining Companies). The Hasbrouck Gold Project is located between Tonopah and Goldfield, historically one of Nevada’s most prolific gold-silver districts. With decades of production history, a transparent regulatory system, and robust infrastructure, Nevada consistently attracts investment from juniors and majors alike. For the Hasbrouck Gold Project, the combination of established infrastructure, nearby power grid, valid permits, and secured water rights reduces development risk and accelerates potential development timelines, once a ‘go’ or ‘sell’ decision is made. In contrast to projects in less predictable jurisdictions, West Vault offers exposure to rising gold prices without the same project execution uncertainty and risk of expropriation that often plagues international developments.

An independent 2023 NI 43-101 Pre-feasibility Study (2023 PFS) completed by RESPEC estimated the project’s mineral reserve at 753,000 ounces of proven and probable gold in 44.02 million tons at a grade of 0.017 oz Au/ton. The simple heap leach process is forecast to achieve a 75% average gold recovery based on 13 metallurgical test programs, with a low waste to ore strip ratio, enhancing economics.  Annual production is forecast at 71,000 oz/year with an all in sustaining cost of just US$877/oz, less than a quarter of the current gold price.  The 2023 PFS base case estimates a 51% internal rate of return (“IRR”) and US$206 million net present value (“NPV5%”) at just US$1,790/oz gold, increasing to a 110% IRR and US$503 million NPV5% at US$2,600/oz gold, which is the highest value in the sensitivity analysis found in the 2023 PFS.  With only 58 million common shares issued by West Vault, a favourable value per share is implied.  West Vault’s strategy is aligned with shareholders who seek exposure to rising gold prices.

Exploration and Expansion Potential

Beyond its defined mineral reserves, Hasbrouck offers exploration upside across multiple targets. Four targets at Three Hills include extensions to known mineralization, open high-grade corridors, and potential high-grade structures. The Hasbrouck pit demonstrates three centers of mineralization with expansion potential, while the 500 acre Hill of Gold area represents an additional upside opportunity.

With infrastructure already nearby and widespread prospective ground under control, the company has positioned Hasbrouck as both a near-term production candidate and a platform for longer-term exploration and potential resource expansion.

Disciplined Strategy and Shareholder Alignment

West Vault’s corporate strategy centers on the principle that “disciplined patience drives value creation.” The company focuses on minimizing dilution, avoiding premature development, and timing a construction, sale, or M&A decision to maximize per-share value. With US$2.3 million in cash (as of June 2025), no debt, and an efficient burn rate of approximately US$1 million per year, West Vault maintains financial flexibility for roughly two years without additional financing pressure.

Management and insider ownership stands at 48%, with institutional participation reaching 72%. This structure reflects long-term commitment and alignment with shareholders. The West Vault leadership team brings proven construction and M&A experience, including CEO Sandy McVey’s mine building career and CFO Frank Hallam’s involvement in the co-founding, merger and sale of a half dozen successful mining companies, and multiple significant financings, totaling several billion dollars in value.

Looking Ahead

With gold’s role as a safe-haven asset strengthening and prices forecast to trend higher through 2026, West Vault is strategically positioned to benefit from both timing and jurisdictional advantage. The Hasbrouck Gold Project stands apart as one of the few permitted, construction-ready assets among junior developers, offering both strong base-case economics and significant leverage to gold price appreciation with zero construction or production risk until management determines conditions and returns justify moving forward to construction.

For investors seeking exposure to gold without development risk or near-term construction obligations, West Vault offers a compelling proposition: shovel-ready optionality, disciplined capital strategy, and jurisdictional safety, all anchored in Nevada’s historically prolific mining neighborhood.

For more information, visit the company’s website at www.WestVaultMining.com.

NOTE TO INVESTORS: The latest news and updates relating to WVM/ WVMDF, including relevant qualifications, cautionary language and forward-looking statements, are available in the company’s newsroom at ibn.fm/WVMDF. Readers are advised to read these documents and the 2023 PFS to fully understand the information in this article. Sandy McVey, P.Eng., the company’s qualified person under National Instrument 43-101, has reviewed and approved the technical information herein.

Safe Pro Group Inc. (NASDAQ: SPAI) Has Processed Over 2 Million Drone Images and Detected More Than 36,000 Landmines and UXO with Its Battle-Tested AI Technology

  • Safe Pro Group’s AI technology for drone-based imagery processing continues to confirm its remarkable sensing capabilities for the detection of landmines and UXO (unexploded ordnance).
  • The company’s AI is trained on data collected by a wide range of end users, providing Safe Pro Group with diverse dataset drawn from a wide range of missions, including commercial, military, and humanitarian roles.
  • Safe Pro Group has entered into numerous partnerships with leaders in the drone industry as the company’s technology proves its reliability.

Safe Pro Group (NASDAQ: SPAI), a technology company that offers AI-powered defense and security solutions, recently announced that the company’s AI models have analyzed and processed over 2 million images and detected over 36,000 real-world landmines and UXO (https://ibn.fm/EsujE).

The data was gathered by analyzing and surveying over 22,500 acres (more than 9,000 hectares) of land in Ukraine. The AI uses years of real-world data to rapidly identify and detect many types of small and hard-to-locate explosive threats in both images and video. It also converts raw data into maps to give ground teams a birds-eye view of the potential threats around them.

This battle-tested AI is trained and improved using imagery captured by a variety of end users, such as drone operators that are supporting military, commercial, and humanitarian missions. Using a crowd-sourced, Uber-like model allows Safe Pro to collect varied data from many different types of missions and multiple drone platforms.

When speaking about this milestone, Chairman and CEO of Safe Pro Group, Dan Erdberg, said “From our first detections in Ukraine to now over two million analyzed images, we remain focused on advancing some of the world’s most capable AI models for small-threat detection.” He added that “Ukraine’s real-time feedback loop provides rapid refining to continuously improve our algorithms so that soldiers, peacekeepers, and humanitarian responders can operate more safely and effectively in the world’s most dangerous environments.”

In addition to announcing these figures, Safe Pro Group was recently selected by the U.S. Army to participate in the 2026 Concept Focused Warfighting Experiment (“CFWE”) Maneuver and Live Breach events, recognizing the company’s real-time drone imagery processing and threat detection capabilities.

The company has also entered a collaboration to outfit Red Cat Holdings’ (NASDAQ: RCAT) Black Widow(TM) drones with its AI technology, and signed Memorandums of Understanding (“MOUs”) with other leaders in the drone industry, such as Ondas Holdings (NASDAQ: ONDA) and Unusual Machines (NYSE: UMAC), to deploy the company’s AI ecosystem on more drones.

About Safe Pro Group Inc. (NASDAQ: SPAI)

Safe Pro Group is a mission-driven tech company that delivers advanced AI-enabled defense solutions and computer vision software for analyzing drone imagery. The company’s proprietary AI supports the real-time detection and identification of a variety of explosive threats.

For more information, visit the company’s website at www.SafeProGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to SPAI are available in the company’s newsroom at https://ibn.fm/SPAI

Applied Digital Corporation (NASDAQ: APLD) Accelerates National AI Infrastructure Buildout with $5B in Financing and New North Dakota Campus

  • Construction begins on 280 MW “Polaris Forge 2” data center in North Dakota, anchored by hyperscale leases
  • $5B equity facility, $160M strategic financing, and $3B campus launch position Applied Digital as a U.S. AI infrastructure leader
  • Combined investments target sustainable, liquid-cooled, GPU-optimized data centers for next-generation AI workloads

Applied Digital (NASDAQ: APLD) has kicked off an aggressive expansion strategy that cements its role as one of the most ambitious builders of AI-ready infrastructure in the United States, according to head of news reporting at AiNews.com, Alicia Shapiro. The company has broken ground on Polaris Forge 2, a $3 billion, 280-megawatt data center in Harwood, North Dakota—its second large-scale “AI factory” in the state. Shapiro notes that the facility, slated to begin operations in 2026, will incorporate waterless cooling systemsrenewable-energy integration, and create more than 200 permanent jobs.

In a separate AiNews feature, Shapiro detailed Applied Digital’s new $5 billion equity facility with Macquarie Asset Management, structured to finance the company’s high-performance computing (HPC) expansion and strengthen liquidity across upcoming buildouts. The preferred-equity deal—one of the largest of its kind in the sector—ties capital access directly to executed leases and carries flexible redemption options after five years. Shapiro noted that this structure provides a scalable model for funding next-generation AI infrastructure while preserving balance-sheet discipline.

Rounding out the financing surge, AiNews’ Alicia Shapiro also covered Applied Digital’s $160 million capital raise led by Nvidia and Related Companies, underscoring deep investor confidence in the firm’s AI-driven data-center model. The proceeds will accelerate development of GPU-optimized, liquid-cooled facilities engineered for sustainability and efficiency. With these combined initiatives, Shapiro writes, Applied Digital is positioning itself as a cornerstone of the emerging U.S. AI compute economy—where renewable energy, advanced cooling, and capital agility define the next wave of high-performance data infrastructure.

About Applied Digital

Applied Digital Corporation (Nasdaq: APLD) named Best Data Center in the Americas 2025 by Datacloud – designs, builds and operates high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads. Headquartered in Dallas, TX, and founded in 2021, the company combines hyperscale expertise, proprietary waterless cooling, and rapid deployment capabilities to deliver secure, scalable compute at industry-leading speed and efficiency, while creating economic opportunities in underserved communities through its award-winning Polaris Forge AI Factory model.

For more information about the company, see www.applieddigital.com.

PEA Study for Near-Term Gold Producer LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) to Deliver Support for Restarting Vertically Integrated Abitibi Operation

  • Gold explorer and near-term producer LaFleur Minerals has hired global environmental consultant firm Environmental Resources Management (“ERM”) to provide a Preliminary Economic Assessment (“PEA”) that for the company’s restart of gold production at its Beacon Gold Mill in the prolific Abitibi Greenstone Belt
  • LaFleur wholly-owns the Beacon Gold Mill and a nearby exploration operation in Canada’s largest gold-producing district, providing the foundation of a vertically integrated resource that also includes a fully permitted tailings storage facility
  • The company’s recent fully subscribed equity offering and other planned financing opportunities will deliver the capital needed for the expected launch of gold production anticipated for early next year
  • LaFleur has already begun diamond drilling on the significantly sized 18,304-hectare (45,230-acre) Swanson site, with assays showing high-grade, near-surface intercepts, and “twinning” definition drilling is expected to provide confident updated mineral resource confirmation

The recent announcement that sustainable mining consultancy Environmental Resources Management (“ERM”) will provide technical expertise for a Preliminary Economic Assessment (“PEA”) of gold explorer LaFleur Minerals’ (CSE: LFLR) (OTCQB: LFLRF) core assets for the purpose of restarting its fully permitted Beacon Gold Mill, using mineralized material from the nearby Swanson Gold Deposit in Val-d’Or, in the Abitibi greenstone belt, underscoring the strong potential of the Quebec operation.

LaFleur Minerals’ Swanson Gold Deposit, only 60 km from the company’s gold mill, is located in Canada’s largest gold-producing district and has already shown high-grade, near-surface intercepts from diamond core holes drilled on the approximately 18,304-hectare (45,230-acre) district-scale site.

ERM’s Technical Mining Services Group, based in Ontario, will oversee the technical study and report on Swanson’s mineral resource estimate update, open-pit mine plan, and ore-sorting and metallurgical testing programs, as well as the expected costs of resuming the operation of the company’s nearby Beacon Gold Mill, according to an Oct. 6 news release (https://ibn.fm/CQvi9).

LaFleur obtained the mill at a bargain price after the site’s previous operator refurbished it with over $20 million worth of upgrades. The mill forms a key element of LaFleur’s vertically integrated setup, which includes a fully permitted tailings storage facility, ability to expand production capacity, several previously explored prospects rich in gold and critical metals, and easily accessible-by-road transport infrastructure.

Those assets distinguish LaFleur from single-facet junior gold exploration companies. While the company intends to use the mill to process ore from the Swanson site by early next year, it also anticipates the potential of building near-term revenue if it reaches agreement with a number of other nearby operators’ gold projects to perform custom toll milling contracts on their behalf as high gold prices create a sense of market urgency.

The mill is capable of processing over 750 metric tons per day and is in a state of readiness after last operating in 2022, requiring only some equipment upgrades that will be advanced by a non-brokered private placement equity round of financing completed last month alongside a financing led by FMI Securities Inc.

At the time the mill was last in operation under the former owner, gold prices had fallen to $1,600 an ounce in the pandemic-recovery economy. Gold has since reached record territory, recently topping $4,000 an ounce, which highlights the opportunity LaFleur sees before it.

The first 100,000 tonnes of material taken from what is planned as an open-pit mining project will be processed as a bulk sample at the Beacon Gold Mill, reducing project risk related to costs and recovery in the buildup to project readiness.

“We think we are strongly aligned with both strong investor appetite for safe, secure, and high-quality assets and favorable market timing … as we advance the Swanson Gold Deposit with near-term production potential,” CEO Paul Ténière stated in the news release.

For more information, visit the company’s website at LaFleurMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF

Qualified Person Statement:

All scientific and technical information contained in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company and considered a Qualified Person for the purposes of NI 43-101.

NRx Pharmaceuticals Inc. (NASDAQ: NRXP) Pursues Dual Pathway for Preservative-Free Ketamine-Based Therapies

  • The company has refiled its Abbreviated New Drug Application (“ANDA”) for KETAFREE(TM), a preservative-free IV ketamine formulation.
  • The filing follows FDA approval of the company’s Suitability Petition to remove benzethonium chloride (“BZT”), a preservative linked to neurotoxicity.
  • In parallel, NRx is advancing NRX-100, another preservative-free ketamine formulation under a New Drug Application (“NDA”) for suicidal ideation in depression, including bipolar depression.
  • NRX-100 holds Fast Track Designation and may qualify for the FDA’s National Priority Voucher Program.
  • The company also continues work on NRX-101, a Breakthrough Therapy for suicidal bipolar depression.
  • CEO Dr. Jonathan Javitt recently discussed new pipeline developments and veteran-focused clinical collaborations during the Noble Capital Markets Emerging Growth Virtual Equity Conference.

NRx Pharmaceuticals (NASDAQ: NRXP), a clinical-stage biopharmaceutical company, is advancing a two-pronged approach to bring preservative-free ketamine-based therapies to market, pursuing distinct regulatory and commercial pathways for both KETAFREE(TM) and NRX-100. (https://ibn.fm/BYg97). The company recently refiled an Abbreviated New Drug Application (“ANDA”) for KETAFREE(TM), a preservative-free intravenous (“IV”) ketamine formulation intended for all currently approved ketamine indications.

This filing follows the U.S. Food and Drug Administration’s approval of NRx’s Suitability Petition to eliminate benzethonium chloride (“BZT”), a chemical preservative still found in many ketamine formulations. BZT, a quaternary ammonium compound, has been associated with cytotoxic and neurotoxic effects. It is no longer considered Generally Recognized as Safe and Effective (“GRASE”) for parenteral or topical pharmaceutical use. The European Medicines Agency has already discouraged its use in injectable drugs, and the FDA previously removed it from topical antiseptics and hand cleansers over safety concerns.

NRx has been active in petitioning for regulatory reform on this issue. The company previously filed a Citizen Petition urging the FDA to ban BZT from all IV ketamine products, citing published toxicology data and potential long-term neurological risks.

By developing KETAFREE(TM), NRx aims to provide a safer and fully compliant version of ketamine for both hospital and outpatient use, at a time when supply constraints and rising demand have challenged healthcare providers.

Alongside the ANDA pathway for KETAFREE(TM), NRx is advancing NRX-100, a separate preservative-free ketamine product, under a New Drug Application (“NDA”) for the treatment of suicidal depression, including bipolar depression. The formulation has been granted Fast Track Designation by the FDA, positioning it for potential expedited review.

NRX-100 builds upon data from controlled clinical studies supported by the U.S. National Institutes of Health, as well as new datasets licensed from French health authorities. The company expects NRX-100 to qualify for consideration under the FDA’s National Priority Voucher Program, which supports therapies that address urgent public health needs.

In addition to its clinical progress, NRx has filed a new patent covering its preservative-free manufacturing process. The company’s approach challenges longstanding assumptions that benzethonium chloride or similar agents are necessary to maintain the sterility and stability of injectable ketamine products. If validated, this process could set a new benchmark for how future IV formulations are developed and manufactured across the broader pharmaceutical sector.

NRx also continues to advance NRX-101, an oral investigational therapy combining D-cycloserine and lurasidone, designed for patients with suicidal bipolar depression. The treatment has received FDA Breakthrough Therapy Designation and is being evaluated for potential accelerated approval. Beyond depression, NRX-101 is also being studied as a non-opioid treatment for chronic pain and potentially for complicated urinary tract infections.

At the recent Noble Capital Markets Emerging Growth Virtual Equity Conference on October 8, CEO Dr. Jonathan Javitt presented updates on the company’s research pipeline, including a forthcoming low-dose extended-release D-cycloserine (“DCS”) product designed to enhance the effects of transcranial magnetic stimulation (“TMS”) in depression therapy (https://ibn.fm/NMFPY).

Dr. Javitt also highlighted the company’s collaborations with the U.S. Department of Veterans Affairs to explore treatment options for veterans suffering from suicidal depression and PTSD. These initiatives align with NRx’s broader strategy of developing NMDA-based therapeutics aimed at improving mental health outcomes.

The company’s timing coincides with a period of heightened demand for ketamine therapies in the U.S. and abroad. Ketamine’s use has expanded from anesthesia to mental health, where its fast-acting antidepressant properties have shown promise in treatment-resistant cases. Yet supply limitations and safety concerns over preservatives have hindered broader adoption.

By developing preservative-free formulations such as KETAFREE(TM) and NRX-100, NRx is positioning itself to meet this demand while addressing a significant public health gap in formulation safety.

For more information, visit the company’s website at www.NRxPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to NRXP are available in the company’s newsroom at https://ibn.fm/NRXP

Safe and Green Holdings Corp. (NASDAQ: SGBX) Is ‘One to Watch’

  • Safe and Green operates a vertically integrated business across modular construction, environmental solutions, healthcare, and energy.
  • SG Echo’s relocation and consolidation into a new Texas facility supports streamlined manufacturing and operational synergy with Olenox Energy.
  • Olenox has delivered strong early production results and continues to expand its U.S. energy footprint through strategic acquisitions and field revitalization.
  • SG Modular Medical has deployed real-world installations at major public sites such as LAX and is working with nonprofit and labor organizations on scalable healthcare delivery.
  • The company’s environmental division leverages proprietary Sanitec technology to provide sustainable, cost-reducing solutions for medical waste management.

Safe and Green Holdings (NASDAQ: SGBX) is a diversified holding company focused on delivering innovative solutions across infrastructure, construction, energy, healthcare, and environmental sectors. Originally established in 2007 as SG Blocks, the company has evolved into a vertically integrated platform serving both public and private sector clients with modular, sustainable systems. Its operations span a range of industries unified by a commitment to efficient, scalable design and sustainability-driven development.

The company’s model centers on the production and deployment of prefabricated modular structures, energy systems, and infrastructure technologies, leveraging vertical integration and cross-sector synergies to support government agencies, medical networks, developers, and commercial enterprises. Safe and Green’s subsidiaries operate collaboratively to generate multiple revenue streams while pursuing opportunities in both traditional and next-generation infrastructure.

Safe and Green Holdings Corp. is headquartered in Miami, Florida.

Portfolio

SG Echo Manufacturing

SG Echo is the modular manufacturing arm of Safe and Green Holdings Corp., delivering prefabricated structures built from steel, wood, and repurposed shipping containers. As a Made-in-America manufacturer, SG Echo combines industry-leading machinery and skilled labor to execute modular projects for clients across the U.S. and globally. The company holds an ESR certification from the International Code Council for repurposed containers, enabling faster approvals and widespread applicability in commercial and industrial construction.

With the ability to reduce construction time by up to 50% and cut costs by 10–20%, SG Echo’s manufacturing process emphasizes speed, sustainability, and resilience. In October 2025, SG Echo’s operations were consolidated into a new facility in Conroe, Texas, where they now operate alongside Olenox Corp., a Safe and Green subsidiary focused on oil and gas operations, to streamline logistics and integrate manufacturing with field operations. Revenue is also generated through third-party property leasing at the Conroe site.

SG Modular Medical

SG Modular Medical designs and deploys modular point-of-care solutions tailored for the evolving demands of healthcare infrastructure. The system enables clinics and labs to be rapidly assembled from clinical, administrative, and diagnostic modules, offering adaptability based on local needs and population shifts. This modular approach is positioned as a lower-emission alternative to traditional medical construction, helping reduce the substantial carbon footprint associated with healthcare infrastructure.

Notable deployments include COVID-19 testing pods at Los Angeles International Airport (“LAX”), designed and delivered in partnership with airport authorities. Another initiative, launched with The People’s Healthcare and Teamsters Local 848, involves delivering modular clinics to serve union members with onsite, high-quality care staffed by a top-tier clinical operator.

SG Development Corp.

SG DevCorp is the real estate development division of Safe and Green Holdings Corp., focused on building modular single- and multifamily projects across various income levels. The company pursues strong, green developments supported by vertically integrated manufacturing from SG Echo. SG DevCorp has stated development targets of more than 4,000 modular units totaling over 3.2 million square feet across 1,000+ acres of acquired land—a construction pipeline valued at approximately $765 million.

The division prioritizes sustainability throughout the lifecycle of its developments, reducing construction waste, energy usage, emissions, and noise pollution. Its projects aim to minimize the environmental impact while enhancing speed-to-market and structural resilience.

SG Environmental Solutions

SG Environmental Solutions provides modular environmental infrastructure and sustainable waste management technologies. At the core of this division is Sanitec, a patented system designed for medical waste sterilization and volume reduction. The technology helps organizations reduce their environmental impact while significantly lowering operational costs.

The company emphasizes responsible construction and stewardship through upcycling, waste reduction, and adaptable modular deployments. Its container-based platforms are built for diverse use cases across commercial, residential, industrial, and environmental applications, with a focus on high-efficiency, reduced-emission outcomes.

Olenox Energy

Olenox Energy is the energy development arm of Safe and Green Holdings, focused on acquiring and revitalizing distressed oil and gas assets. In May 2025, the company acquired 1,600 acres of wells and leases from Sherman Oil & Gas and its affiliates, adding 111 wells to the Olenox portfolio. Since the acquisition, Olenox has produced over 3,000 barrels of oil and is currently achieving peak production rates of 55 barrels per day. The company is preparing additional workovers to add 25–30 bpd and has completed full asset mobilization into Texas. Olenox also holds a 51% stake in Winchester Oil & Gas, representing more than 500 wells across the state.

The company is executing its strategy to build a fully integrated oil and gas platform. Olenox operations remain in full compliance with the Texas Railroad Commission, with a stated emphasis on environmental stewardship and reduced lease operating expenses.

In September 2025, Safe and Green entered into an Open Collaborative Framework with OneQode, a global digital infrastructure company. The agreement supports joint development of spill detection, real-time telemetry, and command systems for remote energy assets, enhancing Olenox’s operational capabilities through automation and data infrastructure.

Market Opportunity

Safe and Green Holdings is positioned to capitalize on macro trends across multiple sectors. The construction and real estate industries continue to seek faster, greener alternatives to traditional building methods—needs that SG Echo and SG DevCorp address through prefabricated, modular designs. In healthcare, rising demand for scalable care infrastructure underscores the relevance of SG Modular Medical’s point-of-care solutions.

Within energy, Olenox targets long-term value in revitalizing overlooked oil and gas assets. Its operational model, combined with emerging infrastructure technology partnerships, aims to improve field performance while maintaining environmental compliance. Through this diversification, Safe and Green aligns its platform with infrastructure modernization, energy resilience, and sustainability imperatives.

Leadership Team

Michael McLaren, Chairman and Chief Executive Officer, brings over 30 years of leadership in the energy industry, including military and field service projects, mergers and acquisitions, and technology development. He is the founder of Olenox Ltd., a developer of proprietary energy systems, and holds advanced degrees in Science and Business from the University of British Columbia. McLaren has authored multiple papers on alternative fuels and energy systems and serves as a lead strategist for Safe and Green’s cross-sector growth.

Patricia Kaelin, CPA, Chief Financial Officer, has more than 30 years of experience in public company financial management, mergers and acquisitions, and strategic capital deployment. She previously served as CFO and CIO of a billion-dollar construction company overseeing operations across 14 states. Her background spans construction, healthcare, manufacturing, and real estate. Kaelin holds a bachelor’s degree in business administration with a concentration in accounting from California State University, Fullerton.

Jim Pendergast, Chief Operating Officer, has held executive leadership roles across multiple sectors, including energy, construction, and agriculture. He has served as COO, CFO, and CEO at public and private firms, overseeing operations, acquisitions, and project execution. He holds an MBA in international business and finance from McMaster University and a BA in political studies and economics from Queen’s University.

For more information, visit the company’s website at www.SafeandGreenHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to SGBX are available in the company’s newsroom at https://ibn.fm/SGBX

Izotropic Corp. (CSE: IZO) (OTCQB: IZOZF) Advances AI-Powered Breast CT Innovation and Reinforces Its Commitment to Safer, Smarter Cancer Imaging

  • Izotropic recently published a piece that explores the way AI is redefining breast imaging and the way the innovative IzoView system was designed for the future
  • The company’s 3D breast CT platform helps tackle one of the major concerns of cancer screening: radiation exposure in CT imaging
  • With its trade-secret reconstruction algorithm, AI-native design, and fair price model, IzoView strategically places Izotropic to dominate the future of breast imaging technology
  • These latest updates further highlight Izotropic’s mission: to redefine breast diagnostics using innovation that prioritizes safety, precision, and accessibility

Izotropic (CSE: IZO) (OTCQB: IZOZF) is changing how breast cancer imaging is done using its IzoView system, a CT platform designed for AI integration. Recent studies from the NIH show that there are increasing concerns about the radiation coming from CT scans. Izotropic’s technology presents a solution that helps optimize breast images while prioritizing dose risk (ibn.fm/NqSvV).

The company’s latest piece highlights how AI is changing the game for cancer detection. Studies conducted in the U.S. and Europe show that AI-assisted mammography boosts overall accuracy by about 18% while optimizing diagnostic workflows. However, many AI tools operate on old hardware, not designed for the heavy demands of AI and the challenges that come with imaging breast tissue. The IzoView innovation bridges this gap.

IzoView uses a unique machine-learning algorithm that works on raw X-ray information into de-noise it outputs images without the need to increase radiation dose. This technology is a product of studies in collaboration with the Johns Hopkins University School of Medicine and leverages 15 years’ worth of specialized breast CT images, that offer ~100x greater spatial resolution than MRI. The blend of safety and performance helps solve one of the biggest challenges in cancer screening: maintaining low radiation exposure without compromising on image quality.

According to recent estimates by the NIH, current CT imaging practices in America could lead to over 100,000 future cancer occurrences if scan frequency and dose levels don’t change. The company’s strategy addresses this fear by redefining the CT imaging framework on AI efficiency, leading to high-fidelity, low-dose imaging that could boost diagnostic confidence while prioritizing patient safety.

Izotropic has plans to expand the IzoView imaging platform. The company holds the only U.S. patent for AI-based computer-aided diagnosis in breast CT, an important feature that could enable radiologists to triage caseloads and identify abnormalities quickly and efficiently (ibn.fm/BC2KQ). IzoView’s target price of half a million dollars means that it would cost three times less than the competition, thereby boosting access for imaging centers and hospitals globally.

With these latest updates, Izotropic’s mission to deliver AI-driven medical imaging that protects patients and empowers clinicians is further highlighted. With the increased adoption of AI in the healthcare industry, IzoView holds a strategic position as an economic and clinical differentiator. Its strategy is to detect cancer early enough in an intelligent, safe, and efficient manner.

For more information, visit the company’s website at www.IzoCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to IZOZF are available in the company’s newsroom at ibn.fm/IZOZF

BluSky AI Inc. (BSAI) is Revolutionizing AI Computing with a Focus on Modular Data Center Design and the Neocloud

  • BluSky AI is positioned to build AI-ready compute factories from the ground up to help entities with data-intensive requirements and low latency improve performance and boost efficiency
  • The company will operate a Neocloud, which is a cloud that’s been built from scratch based on the AI needs of today and the future. Many traditional data centers weren’t built for AI and most struggle to meet high energy compute demands
  • The modular design of BluSky AI’s future data centers offers advantages like scalability, flexibility, cost efficiency, optimization, and seamless integration

BluSky AI (OTC: BSAI) is a company that’s leading the next generation of AI compute infrastructure with plans for 20 or more AI-ready data centers (called SkyMods) from the ground up. They refer to these data centers as AI Factories that will be integrated into a Neocloud, which is a cloud built based on AI’s needs for not only today, but also in the future.

Data centers of the past weren’t built in a way that’s able to support AI, due to the high compute consumption of AI and LLM training that can take 100x the compute and energy of past data center demands. These data-intensive workloads require specific technology and high-performance GPUs, CPUs, or LMUs optimized for AI-related tasks and processing.

The company is revolutionizing the space by using modular design, which allows for scalability and flexibility. As a result, businesses will scale up or down AI infrastructure based on needs and demand at any given time (ibn.fm/kL6XQ).

The modular architecture of BluSky AI SkyMod factories also helps to boost efficiency and overall performance, as it enables load balancing, parallel processing, and lets multiple models run at the same time.

These AI Factories also offer seamless integration with existing cloud environments, so businesses can integrate new capabilities and tailor solutions without having to completely overhaul or adjust the system.

They’re also designed with cost efficiency in mind, as there are customizable modules and numerous pricing options to choose from. This will let businesses only use and pay for the AI resources they need, and nothing more, to avoid unnecessary expenses.

The company is collaborating with top GPU, CPU, and LMU chip manufacturers and others to ensure the latest technology will always available and will offer advanced networking with high-speed connectivity.

These AI data centers are also designed with sustainability in mind. They’re first focused on renewable energy like wind, solar, and geothermal, planning carbon-neutral operations, and will use air-cooled solutions where appropriate as well as sustainable water-cooling systems.

BluSky AI is targeting many leading industries with SkyMod AI Factories that will be built for their specific applications, such as education, AI and ML research, gaming, big data, IT, and fintech.

In recent months, BluSky AI has been moving aggressively to scale its AI infrastructure ready for deployment and broaden access through several strategic moves. First, the company signed a Letter of Intent (“LOI”) with Lilac to create a partnership for a GPU-marketplace. BSAI will make idle GPU capacity, including unallocated inventory and some customer-opted capacity, available via Lilac’s marketplace, helping monetize otherwise wasted compute resources and expanding Lilac’s supplier base with enterprise-grade GPUs.

Second, to expand its Neocloud footprint, BluSky AI has entered an LOI to lease a site in Nephi, Utah for modular AI infrastructure expansion (ibn.fm/4Z6zD). The space is about 16,000 square feet with room for scalable wattage (up to 4 megawatts initially). The Lease terms include a base rate that escalates over time, with an option for extension. This is the 6th announced location, which in total will provide over 85 MW of compute power between these future AI Factory sites.

Lastly, BluSky AI has been selected to participate in the AI Platform Alliance (“APA”), which is an ecosystem of companies offering enterprise-grade, scalable AI solutions. Being part of APA gives BluSky more exposure in the AI infrastructure world, aligning it with other major players in the sector.

About BluSky AI (BSAI)

Headquartered in Salt Lake City, Utah, BluSky AI Inc. will be the Neocloud of the future purpose-built for artificial intelligence through rapidly deployable SkyMod data centers. SkyMods are next-generation, scalable AI Factories that will provide speed-to-market and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI will empower small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.

For more information, visit the company’s website at BluSkyAIDataCenters.com.

NOTE TO INVESTORS: The latest news and updates relating to BSAI are available in the company’s newsroom at https://ibn.fm/BSAI

From Our Blog

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Advances New 6.9 MW Solar Project in New York’s Capital District

October 17, 2025

Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced progress on a new 6.9-megawatt (“MW”) direct current (“DC”) solar project in New York’s Capital District. […]

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