C-BOND SYSTEMS INC - CBNT STOCK NEWS

C-Bond Systems announced that its ballistic-resistant system (BRS) has achieved National Institute of Justice (NIJ) Level III certification. This is the highest certification received by the company, confirming that their patented nanotechnology can stop five bullets from an AR-15 rifle when used on laminated glass. The independent testing was conducted by Element U.S. Space & Defense. C-Bond BRS had previously achieved certifications for NIJ Level I, Level IIA, Level II, and UL 752 standards. The certification demonstrates the system's effectiveness in enhancing safety and security. C-Bond's solutions have been installed in over 180 schools, government buildings, and high-security facilities across the country.

C-Bond Systems, a developer of glass strengthening solutions, announced that its Patriot Glass Solutions dealer network has expanded to 50 dealers in the U.S. and overseas. The company is actively bidding on projects nationwide due to the increasing demand for security and bullet-resistant films. Patriot Glass Solutions offers C-Bond Secure and C-Bond BRS, cost-effective solutions that reinforce windows against forced entry and ballistic threats. The company's products have been used in over 180 high-security locations, including schools and government buildings.

C-Bond Systems' Patriot Glass Solutions receives a $185,000 purchase order from Boerne ISD in Texas for installing C-Bond Security Window Film Technology. The company's products offer forced-entry resistant security film and ballistic-resistant film systems, ensuring enhanced safety. The installation is expected to start soon, contributing to the protection of students and staff in schools and compliance with safety standards.

C-Bond Systems, Inc. has engaged Cervitude Intelligent Relations to enhance its investor awareness efforts. C-Bond specializes in glass strengthening solutions and nanotechnology applications for safety and sustainability. The partnership aims to improve transparency and engagement with shareholders and potential investors.

C-Bond Systems (CBNT) reports record annual revenue of $2.49 million and net income of $1.89 million for the year ended December 31, 2023. The company improved net income by $7 million year over year, partly due to the sale of the C-Bond nanoShield patent and related business for $4.1 million. Operating expenses decreased by approximately $1.2 million. The company repaid over $2 million of debt in 2023. C-Bond expects to report first quarter 2024 revenue of over $1 million. The CEO, Scott R. Silverman, highlighted the record year in terms of revenue, reduced expenses, and achieving net income positivity for the first time.

C-Bond Systems (CBNT) will release its financial results for 2023 on April 2, 2024, expecting revenues of over $1 million for the first quarter of 2024. A conference call will be held on April 3, 2024, to discuss the results in detail.

C-Bond Systems' subsidiary, Patriot Glass Solutions, secures a purchase order to install C-Bond BRS at CPS Energy's headquarters, adding to their previous successful installation of C-Bond Secure. The total value of the projects exceeds $100,000, showcasing customer satisfaction and product quality.

C-Bond Systems (CBNT) anticipates reporting over $1 million in revenue for Q1 2024, a first in its history. The company is installing its window film system in large projects, driving revenue growth.

C-Bond Systems' Patriot Glass Solutions, operating as A1 Glass Coating in San Antonio, wins South Central Architectural Film Dealer of the Year. The subsidiary offers innovative safety solutions like C-Bond BRS and C-Bond Secure, providing ballistic and forced entry resistance.