STOCK TITAN

Echo Defense Projects Inc. Provides Corporate Update and Strategy for 2024

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Echo Defense Projects Inc. (ECDP) provides a corporate update and strategy for 2024 and beyond, focusing on innovations that contribute to sturdier infrastructure and a healthier planet. The company, formerly known as Eco Depot Inc. (OTC PINK:ECDP), offers investments, funding, and support for disruptive acquisitions and start-ups. Key highlights include the Eko Pave, Eko Crack, Eko Patch, and Eko Seal product lines, which have been evaluated by the US Army Corps of Engineers and are in use at NASA and US Military bases.
Positive
  • None.
Negative
  • None.

Echo Defense Projects Inc. Provides Corporate Update and Strategy for 2024 and Beyond

LAS VEGAS, NV / ACCESSWIRE / December 21, 2023 / Echo Defense Projects Inc. ("ECDP"), formerly Eco Depot Inc., (OTC PINK:ECDP), offers investments, funding, and support for acquisitions and start-ups poised to disrupt their industries. Upholding strict environmental, social, and corporate governance principles, ECDP aims to advance innovations that contribute to both sturdier infrastructure and a healthier planet.

As we approach the end of a productive 2023, ECDP is pleased to provide shareholders with an overview of our achievements and a glimpse into our strategy for 2024.

Portfolio Highlights:

Eko Pave

This pioneering product line rejuvenates asphalt and concrete, significantly extending their lifespan and reducing costs. These products have been evaluated by the US Army Corps of Engineers and are in use at NASA and US Military bases.

  • Eko Crack & Eko Patch: An eco-friendly and cost-effective cold patch asphalt solution for repairing asphalt cracks and potholes
  • Eko Seal: A third-generation PCMO (Polymer Composite Micro-Overlay) that adds a quarter-inch protective layer to concrete and asphalt surfaces, potentially extending their lifespan by an additional 20 years.

Eko Seal is a sustainable and economical alternative shown to potentially lower urban heat by up to 12 degrees Fahrenheit (2-4 degrees Celsius).

Cement contributes significantly to global industrial CO2 emissions, accounting for about 8% of the total, according to Yale University. The Eko Pave product line represents a superior alternative to traditional materials and is now a focal point for ECDP. The company is actively establishing joint ventures and distribution agreements to expedite growth.

Bronya Climate Shield

Bronya, a revolutionary insulative paint, has been adopted by industry leaders such as Enbridge and Coca-Cola, owing to its exceptional insulating properties.

Despite the challenges posed by the Ukraine war, which disrupted operations in Odesa, Ukraine, ECDP has secured alternative material sources and plans to resume production of Bronya Climate Shield's building envelope products.

AMSI Labs

Developing HRILF scanning technology remains a priority for AMSI Labs, with promising research and demonstrations underway aimed at commercialization.

Current Focus

ECDP is actively pursuing distribution and partnership opportunities for Eko Pave and is currently engaged in negotiations.

Hadelin Carlos Diericx Trouyet, President of Echo Defense, underscores the market potential for Eko Pave, citing its cost-effectiveness and ecological advantages amidst rising material costs. "We are confident that Eko Pave will meet a significant market need. In an era of escalating material costs, the strengths of Eko Pave-being more durable, eco-friendly, and cost-efficient-stand out. We are eager to establish new business partnerships globally and to acquire innovative technologies and robust companies within our areas of interest. Our commitment is strong, and I anticipate sharing exciting developments with our shareholders soon."

Updates on these promising developments will be communicated to shareholders in the near future. Additional information about our product lines is available at www.ecdp.co.

About Echo Defense Projects Inc.

Echo Defense Projects Inc., previously known as Eco Depot Inc., is committed to providing investment, funding, and support for acquisitions and start-ups that aspire to be industry disruptors while maintaining rigorous environmental, social, and corporate governance standards.

Press Contact:

Echo Defense Projects Inc. (formerly Eco Depot Inc.) 2300 West Sahara Avenue, Suite 800 Las Vegas, NV, 89102 Website: www.ecdp.co Email: info@ecdp.co

Safe Harbor Statement

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. ECDP has endeavoured to identify these forward-looking statements with words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential," and similar terms. These statements reflect the Company's current views and are based upon information presently available.

As such, these forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause ECDP's actual results, performance, or achievements to differ materially from those projected in the statements. ECDP assumes no obligation to update or inform regarding changes or alterations to the information contained in this Press Release, including any forward-looking statements.

SOURCE: Echo Defense Projects Inc.



View the original press release on accesswire.com

FAQ

What is the corporate update provided by Echo Defense Projects Inc. (ECDP)?

Echo Defense Projects Inc. (ECDP) has provided a corporate update and strategy for 2024, emphasizing innovations contributing to sturdier infrastructure and a healthier planet. The company, formerly known as Eco Depot Inc. (OTC PINK:ECDP), offers investments, funding, and support for disruptive acquisitions and start-ups.

What are the key product highlights mentioned in the update?

Key highlights include the Eko Pave, Eko Crack, Eko Patch, and Eko Seal product lines, which have been evaluated by the US Army Corps of Engineers and are in use at NASA and US Military bases.

What is the focus of Echo Defense Projects Inc. (ECDP)'s strategy for 2024 and beyond?

The strategy focuses on advancing innovations that contribute to sturdier infrastructure and a healthier planet, upholding strict environmental, social, and corporate governance principles.

ECO DEPOT INC

OTC:ECDP

ECDP Rankings

ECDP Latest News

ECDP Stock Data

22.18M
Real Estate - Diversified
Real Estate
Link
United States of America
Pensacola