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Overview of Atlantic Pwr & Infrastructure Corp (AWSL)
Atlantic Pwr & Infrastructure Corp is a pioneering company in the field of sustainable infrastructure and environmental technologies. Specializing in transforming recycled tire material into durable, eco‐friendly construction products, the company has developed a comprehensive portfolio that addresses urban safety, environmental stewardship, and infrastructural longevity. Its flagship product, Flexi®-Pave, embodies the company’s core philosophy: to harness innovative technology in order to create flexible, porous, and crack-resistant surfaces that mitigate environmental impacts while offering exceptional performance.
Innovative Technologies and Core Products
The heart of Atlantic Pwr & Infrastructure's operations lies in its proprietary Flexi®-Pave technology. Developed through advanced research and utilizing recycled tire granules, Flexi®-Pave provides a sustainable alternative to traditional paving methods. This material is celebrated for its permeability, which allows for effective stormwater management, reduction of urban heat island effects, and promotion of groundwater recharge. Its crack and trip hazard resistance make it ideally suited for applications ranging from pedestrian walkways and urban parks to shoreline break walls and marine infrastructure projects.
Diverse Applications and Market Segments
Beyond its renowned paving solutions, Atlantic Pwr & Infrastructure has diversified its operations into several key segments:
- Sustainable Infrastructure: With an emphasis on urban development and pedestrian safety, Flexi®-Pave is deployed in high-traffic public areas, educational institutions, and municipal projects where durability and slip resistance are paramount.
- Next Generation Agriculture: Under its agricultural division, the company has introduced innovative solutions that promote regenerative farming practices. Its bio-stimulant product, marketed as Ascogel, aims to optimize soil moisture and enhance crop yields by improving water retention and soil structure.
Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) announced a surge in demand for its certified installer, LAUB's Landscape, Drainage, and Flexi-Pave, with a notable contract awarded in Louisville, KY. LAUB’s founder reported consistent annual revenue growth of 35%-40%, attributed to the performance of Flexi-Pave, a sustainable construction product made from recycled tires. Flexi-Pave’s advantages include environmental benefits and durability, leading to its use in various high-profile infrastructure projects.
Atlantic Power & Infrastructure Corp. (OTC PINK: AWSL) announced the successful installation of its Flexi®-Pave material in Grand Park, Sarasota, Florida, adhering to the county's 2050 Community program for permeable trails. The project aims to preserve the community's ecological integrity by using environmentally friendly materials. Flexi®-Pave, developed by K.B. Industries, is known for its durability and permeability that supports tree root systems and reduces maintenance costs. The installation was completed by 'Custom Park Surfacing,' showcasing KBI's innovative recycled tire technology.
Atlantic Power and Infrastructure Corp. (OTC PINK:AWSL) continues its partnership with the City of Tampa, installing its proprietary Flexi-Pave as tree surrounds, a practice ongoing for over a decade. This material, developed from recycled tire granules, enhances tree health and reduces maintenance. City representatives noted its flexibility allows for the preservation of old-growth trees while eliminating tripping hazards. Flexi-Pave is recognized for its durability and environmental benefits, making it suitable for diverse applications, including shoreline protection.
Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) has successfully installed 33,000 feet of its proprietary KBI Flexi®-Pave at Atlanta's Beltline Walkway and Bicycle Park. This installation enhances the path's width by 2 feet on each side, improving stormwater management and reducing erosion. KBI Flexi®-Pave allows over 3,000 gallons of water to pass through per square foot per hour and promotes better water quality. Additionally, it utilized 11,000 recycled tires, demonstrating the company’s commitment to sustainability.
Atlantic Power and Infrastructure Corp (OTC PINK:AWSL) has appointed Thomas F. Alfredo to its Board of Directors, enhancing its leadership team. Recognized for his expertise in landscape design and successful projects with high-profile clients, Alfredo has a long-standing association with KBI's Flexi®-Pave, integrating it into many of his projects since 2006. His extensive experience spans consulting for major corporations and contributing to charitable foundations. CEO Kevin Bagnall highlights Alfredo's potential as a valuable asset, emphasizing the alignment with the company's sustainable technology goals.
Atlantic Power and Infrastructure Corp (OTC PINK:AWSL) recently introduced its innovative Flexi®-Twall (Patent Applied) technology, presented by CEO Kevin Bagnall at a workshop in California. Developed in collaboration with Intertek Building & Construction, this solution aims to transform industry standards for retaining walls and embankments. The Flexi®-Twall has been certified to effectively stabilize slopes, replace traditional retaining systems, and significantly reduce costs associated with repairs and maintenance, promising a sustainable future in construction.
Atlantic Power and Infrastructure Corp. (OTC PINK:AWSL) has acquired a controlling interest in K.B. Industries UK Ltd, known for its Flexi-Pave technology. Based in South Yorkshire, K.B. Industries has shown steady sales growth, reporting £2,700,000 (USD$3,700,000) in 2020. The acquisition involves issuing 10,800,000 shares to K.B. Industries shareholders, aiming to enhance product offerings and international market reach. This strategic move is expected to drive revenue growth by integrating additional technologies under the API umbrella.
Atlantic Power and Infrastructure Corp. (OTC PINK: AWSL) announces that Bridgeport, CT has chosen its proprietary Flexi®-Pave for the 'Seaside Park Band Shell' outdoor pavilion. The city aims to improve the 1380-foot jogging loop while reducing ongoing maintenance costs associated with traditional materials. Flexi®-Pave offers a durability and permeability that supports flood resistance and long-term sustainability. The project will recycle over 4,500 used tires and enhance the area for recreational use, benefiting both the community and the environment.