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Cyberlux Corporation is a leading company that specializes in designing, developing, and marketing portable lighting products for commercial and industrial users in the United States. They offer the BrightEye Tactical Illumination Systems and related products to address the lighting needs of various branches of the military and government organizations, including the National Guard, the U.S. Air Force, and the U.S. Army. With a focus on the Department of Defense/Military markets and homeland security customers, Cyberlux Corporation has been a key player in providing innovative lighting solutions since its establishment in 2000.
Cyberlux Corporation (OTC PINK:CYBL) announced its acquisition of Kreatx SHPK to enhance its Infrastructure Software Solutions strategy. This deal includes both stock valued between $0.020 and $0.25 and a cash component paid over a one-year earnout period. Kreatx, based in Albania, specializes in SaaS solutions relevant to government and commercial markets. The acquisition aims to bolster Cyberlux's Digital Software Platform, targeting a $500 billion market for digital transformation solutions and expanding its capabilities across Europe and the Americas.
Cyberlux Corporation (OTC Bulletin Board: CYBL) announced a significant revenue guidance increase for 2022, raising expectations from $30.5 million to $44.8 million, a remarkable 47% increase. This revision reflects strong growth across its four business units, particularly in its newly emerging Infrastructure Software Solutions group. CEO Mark Schmidt expressed optimism about the company's transformation and growth strategy, which prioritizes aggressive business development and expansion into new markets.
Cyberlux Corporation (OTC PINK:CYBL) released its November 2021 recap, highlighting strong financial performance with a revenue of $1,509,267, exceeding forecasts by 37%. Year-to-date revenue reached $6,045,174. The company increased its 2021 revenue guidance from $5.2 million to $6.6 million. Key developments include the acquisition of 30 hectares of solar property for 20MW of renewable energy production, successful collaborations with the Department of Defense, and positive net income projections for the year. Upcoming growth strategies are being discussed with investment banking partners.
Cyberlux Corporation (OTC Bulletin Board: CYBL) announced the appointment of Aaron Goodman to its Board of Directors, aimed at enhancing its acquisition strategy and achieving a NASDAQ uplisting. Mr. Goodman brings over 20 years in investment banking, M&A, and technology, having previously held senior roles at major financial firms like Morgan Stanley and Bridgewater Associates. CEO Mark Schmidt expressed confidence in Goodman's capabilities to drive growth and strengthen internal operations at Cyberlux, which specializes in LED lighting and unmanned aircraft systems.
Cyberlux Corporation (OTC PINK:CYBL) has increased its revenue guidance for the fiscal year 2021 from $5.2 million to $6.6 million, representing a growth of 26.9% over previous estimates. The company anticipates posting a positive net income from operations for the year. CEO Mark Schmidt emphasized the ongoing transformation into an Advanced Technology Platform and outlined the focus on business development, joint ventures, and core market growth. Strategic initiatives include advancing new technologies in unmanned aircraft systems and renewable energy.
Cyberlux Corporation (OTC Bulletin Board: CYBL) reported a 613% increase in quarter-over-quarter revenue, achieving $2.251 million for the quarter ended September 30, 2021. Year-to-date revenues reached $2.62 million, with a net income of $155,299 for the quarter, representing a 252% year-over-year growth. The company reduced total liabilities by 12.5% and increased total assets by 1,169%. CEO Mark Schmidt announced successful operational results and future growth plans, including the launch of Operation Alpha and the acquisition of stealth works CTMC Drone Solutions.
Cyberlux Corporation (OTC: CYBL) reported significant milestones for October 2021, achieving record revenues of $1,917,875, surpassing projections of $1,000,000. Year-to-date revenue reached $4,096,581, exceeding the $3 million target. Key updates include $4.5 million funding from RB Capital Partners, acquisitions of FBD Group and HAVAS Group, and the addition of government expert Cheri Nolan as a Strategic Advisor. Cyberlux also opened a new Miami office and launched social media channels, reflecting efforts to boost growth and shareholder engagement.
Cyberlux Corporation (OTC PINK:CYBL) has announced its acquisition of HAVAS Group S.A.S., aiming to enhance its renewable infrastructure capabilities in South America and expand into European markets by 2022. The deal provides Cyberlux with rights to three renewable energy projects covering over 100 hectares, projected to generate over 100MW of electric power and $6 million in annual revenue starting in 2022. This strategic move aligns with Cyberlux's Operation Alpha roadmap and targets over $30 million in revenue by 2024.
Cyberlux Corporation (OTC PINK:CYBL) has appointed Ms. Cheri Nolan as a Strategic Advisor to enhance its business development and operational capabilities. With over 40 years of experience, including senior roles at the Department of Justice and the State Department, Nolan will support the company’s four business units: FlightEye UAS Solutions, Advanced Lighting Solutions, Infrastructure Technology Solutions, and Infrastructure Software Solutions. Her expertise aims to accelerate growth and revenue generation. This partnership with Strikepoints Consulting, LLC is expected to unlock significant opportunities within U.S. government markets.
Cyberlux Corporation (OTC PINK:CYBL) has secured $4.5 million in funding from RB Capital Partners to accelerate its growth across four business units: FlightEye UAS Solutions, Advanced Lighting Solutions, Infrastructure Technology Solutions, and Infrastructure Software Solutions. The financing is structured as a premium-to-market fixed-price convertible note, convertible at $0.25 per share, significantly above the current trading price of ~$0.046. The funds will support the Company's Operation Alpha plan, focusing on aggressive growth through acquisitions and new product development.
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