U.S. Army Selects BranchOut Food Products for Field Test with Aim of Revolutionizing MREs
BranchOut Food (NASDAQ: BOF) has been selected by the U.S. Army DEVCOM to enhance Meals Ready-to-Eat (MREs) with its GentleDry technology. The company's Cinnamon Churro Banana Bites and Chili Lime Pineapple Chips excelled in shelf life and sensory tests. The Cinnamon Churro Banana Bites will undergo a field test with soldiers, with the Chili Lime Pineapple Chips potentially following. Each product, if selected for MRE inclusion, could see a production volume of 1.5 million units annually. This partnership underscores BranchOut's commitment to providing nutritious, flavorful, and durable food options for military use.
- Selection by U.S. Army DEVCOM enhances credibility.
- Shelf life and sensory tests passed with excellent scores.
- Potential annual production volume of 1.5 million units per product.
- Use of proprietary GentleDry technology preserves flavor and nutrition.
- Additional iteration needed for Chili Lime Pineapple Chips before field testing.
- No guaranteed long-term contract or volume commitment yet announced.
Insights
The announcement that BranchOut Food's products are being field-tested by the U.S. Army is significant for multiple reasons. The use of GentleDry technology preserves up to
The potential annual volume of 1,500,000 units per MRE inclusion is substantial, reflecting a significant increase in production scale and revenue if the field test is successful. Additionally, the technology's ability to maintain flavor and nutritional value could open new markets focused on health-conscious consumers. This diversification into military contracts and the potential scaling effect can drive growth and stabilize revenue streams.
BranchOut Food Inc.'s collaboration with the U.S. Army for MREs has important financial implications. If the field tests are successful and lead to incorporation into MREs, the company could see a notable uptick in revenue. With 1,500,000 units per year per product, even one product being selected would significantly boost their sales. Given the company's current market position, a government contract provides a reliable revenue stream, which is highly valued by investors.
Additionally, the success in this field test could serve as a strong validation of BranchOut's GentleDry technology, potentially leading to future government and private sector contracts. This diversification of revenue sources can enhance the company's financial stability and growth potential.
The selection of BranchOut Food’s products for U.S. Army field tests highlights an increasing demand for nutritious and convenient food options in high-stress environments. This trend isn't limited to military applications but extends to outdoor enthusiasts, emergency kits and health-conscious consumers. The GentleDry technology's ability to retain nutritional value positions BranchOut strongly within these growing markets.
Future growth could also be supported by consumer trends favoring clean-label products and the rising interest in plant-based and natural foods. Investors should watch how BranchOut leverages this technology for broader market applications beyond military contracts, which could result in increased market share and brand loyalty.
Cinnamon Churro Banana Bites and Chili Lime Pineapple Chips—Both Made with GentleDry Technology—Excelled in Recent Shelf Life and Sensory Tests
BEND, Ore., June 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, is taking the next step in its strategic collaboration with the U.S. Army Combat Capabilities Development Command (DEVCOM) to enhance Meals Ready-to-Eat (MRE) through its proprietary GentleDry technology. Following BranchOut Food’s successful six-month shelf-life test and sensory panels, the U.S. Army selected Cinnamon Churro Banana Bites for a subsequent field test with live soldiers, and will likely include the company’s Chili Lime Pineapple Chips pending an additional iteration.
Made with GentleDry technology at low temperatures to preserve flavor and up to
“We are excited to advance our partnership with the U.S. Army as our innovative snacks have passed rigorous tests and captured the troops’ interest with their freshness and flavor,” said Eric Healy, CEO of BranchOut Food. “These snacks not only provide the nutritional density needed in the field but also offer the taste of real fruit, which is a welcome addition to the MREs. As we continue to develop new MRE concepts, we are focused on enhancing meal variety and enjoyment for soldiers, reinforcing our commitment to delivering high-quality, nutritious, and enjoyable options.”
Dedicated to offering extraordinary natural snacks and real superfood ingredients, BranchOut Food is committed to delivering products that excel in flavor, color and nutrition, while also providing an exceptional taste experience.
About DEVCOM
The U.S. Army Combat Capabilities Development Command (DEVCOM) is a major research and development organization within the U.S. Army. DEVCOM leads scientific research, technology development and engineering efforts to provide innovative solutions to the Army’s operational challenges and maintain its technological advantage.
About BranchOut Food Inc.
BranchOut Food is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by its licensed dehydration technology. The company’s GentleDry technology is the next generation in dehydration technology, preserving up to
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts of future events. Forward-looking statements may be identified using words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate", "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements with respect to the operations of BranchOut Food, Inc., (the Company) strategies, prospects and other aspects of the business of the Company are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
For more information:
Jeff Ramson
PCG Advisory
646-863-6893
jramson@pcgadvisory.com
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