Welcome to our dedicated page for C-BOND SYSTEMS news (Ticker: CBNT), a resource for investors and traders seeking the latest updates and insights on C-BOND SYSTEMS stock.
C-Bond Systems, Inc. is a leading company that owns, develops, manufactures, and sells patented C-Bond technology in the United States. Their innovative products include C-Bond NanoShield, a nanotechnology windshield glass strengthening and hydrophobic system, C-Bond I, a non-toxic nanotechnology solution to enhance glass properties, and C-Bond BRS, a ballistic resistant film system. With headquarters in Houston, Texas, the company primarily serves the glass industry.
C-Bond Systems (OTC: CBNT), a nanotechnology company, has announced new independent sales representative agreements targeting the heavy-duty fleet market for its patented C-Bond nanoShield. This product enhances windshield strength, potentially reducing repair costs and vehicle downtime. New representatives include RPS Heavy Duty, Sherman-Pearson Company, Schnair Sales & Service, and GPM – Enterprises, LLC. The C-Bond nanoShield is expected to improve safety and visibility for fleet vehicles, indicating an expansion of C-Bond's market reach and growth opportunities for 2022.
C-Bond Systems (OTC: CBNT) is showcasing its C-Bond nanoShield windshield strengthener at the Heavy Duty Aftermarket Week '22 from January 24-27, 2022, in Grapevine, TX. This innovative product is designed to reduce windshield repairs and replacements, ultimately lowering maintenance costs for truck operators. C-Bond nanoShield works by strengthening glass and improving visibility through its hydrophobic properties. The event attracts over 2,500 industry professionals, emphasizing C-Bond's commitment to advancing automotive technology.
C-Bond Systems (OTC: CBNT) has partnered with Autocado, LLC and Certified Global Solutions to sell private label versions of C-Bond nanoShield, a windshield strengthener. This move aims to tap into direct-to-consumer sales channels, expanding the product's availability beyond automotive dealers. C-Bond nanoShield utilizes patented nanotechnology to enhance glass strength and includes hydrophobic properties that improve visibility. The company anticipates increased demand for its product, which repairs microscopic defects in glass, enhancing durability and safety.
C-Bond Systems (OTC: CBNT) announced record annual revenue in 2021, surpassing $900 thousand by Q3. The company acquired 80% of A1 Glass Coating, elevating its Patriot Glass Solutions division, which secured substantial contracts including a $384,000 order for a technology campus. Notable patents received include core technology for glass strengthening and the C-Bond nanoShield. The company aims to further acquisitions and boost sales of its nanoShield product in 2022 through new distributors and direct marketing strategies.
C-Bond Systems announced the issuance of Patent No. 16/003,872 for its glass strengthening technology, marking a significant addition to its intellectual property portfolio. This patent is crucial for the company’s nanoShield™ product and is valued at $33.7 million by an independent firm. The patent outlines methods to strengthen glass without heat or chemical processing, using emulsions that fill surface defects. CEO Scott R. Silverman emphasized the importance of this patent for the company's future.
C-Bond Systems (OTC: CBNT) announced a joint development project with the Energy Safety Research Institute, resulting in a provisional patent for a new super-hydrophobic coating. This innovative coating, designed for automotive windshields, enhances water repellency and visibility during adverse weather. Developed by renowned chemist Professor Andrew Barron, the new product is claimed to be both more effective and less expensive than existing options. The hydrophobic coating market is expected to grow significantly, reaching $2.33 billion by 2025, driven by demand in automotive and construction sectors.
C-Bond Systems (OTC: CBNT) announced a significant order for its C-Bond BRS ballistic-resistant system from a Fortune 500 customer in the San Francisco Bay Area. The order underlines the rising demand for security solutions amid increasing crime rates, including break-ins and robberies. C-Bond BRS is designed to enhance safety by preventing bullet penetration in glass, validated by independent testing for various ballistic levels. The company aims to address the urgent need for effective security measures through its innovative products.
C-Bond Systems (OTC: CBNT) announced its Patriot Glass Solutions division is promoting protective solutions to combat rising smash-and-grab robberies. With a surge in theft incidents this month, the company is advocating for its ballistic-resistant window film applications to safeguard personal and commercial properties. Key products include the C-Bond BRS, which offers ballistic protection, and C-Bond Secure, a glass-strengthening primer. President Michael Wanke emphasizes the cost-effectiveness of these solutions, vital for businesses facing increasing security threats.
C-Bond Systems (OTC: CBNT) announced its Q3 2021 results, reporting record quarterly revenue of $674,000, a 167% increase from Q3 2020. Gross profit stood at $425,911, representing 63.3% of sales, down from 74.0% in the previous year. Operating expenses rose to $886,788, leading to a loss from operations of $460,877, though improved by $204,581 from last year. The Company continues to expand with the acquisition of A1 Glass Coating and the establishment of Patriot Glass Solutions, securing multiple purchase orders totaling over $1 million.
C-Bond Systems (OTC: CBNT) announced a $95,000 purchase order for bird strike film installation at a Texas community college. This safety film helps prevent bird injuries by making reflective windows visible. Installation is set to begin this month. Michael Wanke, President of Patriot Glass Solutions, highlighted the film's role in protecting hundreds of millions of birds annually. C-Bond offers various window films, including ballistic-resistant solutions, targeting personal, commercial, and government properties.
FAQ
What is the current stock price of C-BOND SYSTEMS (CBNT)?
What is the market cap of C-BOND SYSTEMS (CBNT)?
What products does C-Bond Systems, Inc. offer?
Where is the headquarters of C-Bond Systems, Inc. located?
When was C-Bond Systems, Inc. founded?
What is the primary industry served by C-Bond Systems, Inc.?
What is the focus of C-Bond BRS?
What recent achievement did C-Bond BRS attain?
How does C-Bond Systems, Inc. contribute to safety in schools?
What recent demonstration did Patriot Glass Solutions host for the C-Bond BRS system?
What are the potential risks for C-Bond Systems, Inc.?