Astra Energy Inc., Sustainable Energy Technologies, Inc. and Holcomb Energy Systems LLC Are Joining at the Fort Lauderdale International Boat Show Sponsored by Camper and Moretti Yacht Group

Rhea-AI Summary

Astra Energy Inc. is exhibiting at the Fort Lauderdale International Boat Show to showcase their breakthrough technologies that will cut fuel consumption and harmful emissions in the marine industry. They are addressing the growing demand for sustained and sustainable energy in the maritime community.

Positive

• Astra's debut in the marine industry through Camper and Moretti Yacht Group can lead to significant growth opportunities.
• The projected $20.62 billion yacht industry by 2032 provides a lucrative market for Astra's clean energy solutions.
• Astra's breakthrough technologies have the potential to introduce a new alternative to traditional diesel in the marine industry.

Negative

• None.

SAN DIEGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- via IBN -- Astra Energy Inc. (OTCQB: ASRE) (“Astra” or the “Company”) an innovative clean and renewable energy solution provider, together with Holcomb Energy Systems LLC (“HES”) and Sustainable Energy Technologies, Inc. (“SETI”), is exhibiting at the Fort Lauderdale International Boat Show (“FLIBS”), sponsored by Camper and Moretti Yacht Group, today through Oct. 29, 2023.

FLIBS 2023 is the world’s largest boat show, promoting luxury, innovation, sustainable initiatives, and cutting-edge designs. The event provides an ideal opportunity to debut the HES In-Line Power Generator (“ILPG”) and the SETI Power Pack, both breakthrough technologies that will cut fuel consumption and harmful emissions — a “sea-change” in power use for the marine industry.

This is Astra’s first exposure into the marine industry through Camper and Moretti Yacht Group, addressing the growing demand for sustained and sustainable energy for the maritime community. The projected $20.62 billion (by 2032) yacht industry relies on the pioneering of new technology solutions to reduce the sector’s impact on the ocean. The potential exists to introduce a whole new alternative to traditional diesel.

Astra is also excited to congratulate HES and Dr. Robert Holcomb, who received a nomination for the Marine Research Hub Innovation and Sustainability Award. The award considers organizations that are advancing innovative and sustainable practices that reduce their impact on the marine environment.

For more information on FLIBS 2023, visit the website at www.flibs.com.

For more information on Camper and Moretti Yacht Group, visit their website at www.morettiyachts.com.

About Astra Energy Inc.
Astra Energy is an integrated solutions provider investing in and developing clean and renewable energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs.

Astra’s corporate strategy is rooted in securing technologies and assets, identifying viable market opportunities, and bringing together resources, expertise, technology and defined action plans to execute first-in-class projects that benefit communities, local economies, the planet and the Company’s investors.

Its goal is to create a more secure and sustainable power sector that supports the Company’s purpose, mission and values to transform the economic, environmental and social landscape for generations to come.

For more information on Astra Energy Inc., visit the Company’s website at www.astraenergyinc.com.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements. In evaluating these forward-looking statements, readers should consider various factors, including the Company’s ability to change its direction, its ability to keep pace with new technology and changing market needs, and the competitive environment of its business. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement.

Corporate Communications:
Heidi Thomasen
IR@astraenergyinc.com
1-800-705-2919

Wire Service Contact
InvestorWire (IW) 
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com

FAQ

What is Astra Energy Inc. showcasing at the Fort Lauderdale International Boat Show?

Astra Energy Inc. is showcasing their breakthrough technologies, the HES In-Line Power Generator and the SETI Power Pack, which aim to cut fuel consumption and harmful emissions in the marine industry.

What is the significance of Astra's debut in the marine industry?

Astra's debut in the marine industry through Camper and Moretti Yacht Group presents growth opportunities and addresses the increasing demand for sustained and sustainable energy in the maritime community.

What is the projected size of the yacht industry by 2032?

The yacht industry is projected to reach $20.62 billion by 2032, providing a lucrative market for Astra's clean energy solutions.

What potential does Astra's breakthrough technologies have?

Astra's breakthrough technologies have the potential to introduce a new alternative to traditional diesel in the marine industry, cutting fuel consumption and harmful emissions.