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Prodigy Processing Solutions Announces Strategic Partnership with inTEST Thermal Solutions

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Prodigy Processing Solutions and inTEST Environmental Technologies (NYSE American: INTT) have announced a worldwide strategic partnership. Prodigy will distribute inTEST's Thermonics® Ultra-Low Temperature and Cryogenic Chillers across cannabis, hemp, biomedical, and pharmaceutical processing industries.

The partnership combines Prodigy's ultra-cold cannabis oil extraction systems, operating at temperatures as low as -300°F, with iTS Thermonics® technology, which provides cooling solutions at -80°C to sub -100°C temperatures. This integration eliminates the need for winterization in cannabis and hemp processing, improving efficiency and yields.

Both companies' technologies are Made in the USA, offering quality solutions for critical industries. The collaboration aims to set new standards in temperature control technology while expanding market reach for both companies.

Prodigy Processing Solutions e inTEST Environmental Technologies (NYSE American: INTT) hanno annunciato una partnership strategica mondiale. Prodigy distribuirà i chillers a temperatura ultra-bassa e criogenici Thermonics® di inTEST nei settori della cannabis, della canapa, biomedicali e farmaceutici.

La collaborazione combina i sistemi di estrazione di olio di cannabis ultra-freddi di Prodigy, che operano a temperature fino a -300°F, con la tecnologia Thermonics® di inTEST, che offre soluzioni di raffreddamento a temperature comprese tra -80°C e sotto -100°C. Questa integrazione elimina la necessità di invernizzazione nella lavorazione della cannabis e della canapa, migliorando l'efficienza e i rendimenti.

Le tecnologie di entrambe le aziende sono prodotte negli Stati Uniti, offrendo soluzioni di qualità per settori critici. La collaborazione mira a stabilire nuovi standard nella tecnologia di controllo della temperatura, ampliando al contempo la portata di mercato per entrambe le aziende.

Prodigy Processing Solutions y inTEST Environmental Technologies (NYSE American: INTT) han anunciado una asociación estratégica mundial. Prodigy distribuirá los enfriadores Thermonics® de temperatura ultra baja y criogénica de inTEST en las industrias de cannabis, cáñamo, biomedicina y farmacéutica.

La asociación combina los sistemas de extracción de aceite de cannabis ultra fríos de Prodigy, que operan a temperaturas de hasta -300°F, con la tecnología Thermonics® de inTEST, que proporciona soluciones de refrigeración a temperaturas de -80°C a menos de -100°C. Esta integración elimina la necesidad de invernización en el procesamiento de cannabis y cáñamo, mejorando la eficiencia y los rendimientos.

Las tecnologías de ambas empresas están hechas en EE. UU., ofreciendo soluciones de calidad para industrias críticas. La colaboración tiene como objetivo establecer nuevos estándares en la tecnología de control de temperatura mientras se expande el alcance del mercado para ambas empresas.

Prodigy Processing SolutionsinTEST Environmental Technologies (NYSE American: INTT)는 전 세계적인 전략적 파트너십을 발표했습니다. Prodigy는 inTEST의 Thermonics® 초저온 및 크라이오닉 냉각기를 대마, 헤ンプ, 생물 의학 및 제약 가공 산업에 배포할 것입니다.

이 파트너십은 -300°F의 낮은 온도에서 작동하는 Prodigy의 초콜릿 대마유 추출 시스템과 -80°C에서 -100°C 이하의 온도에 대한 냉각 솔루션을 제공하는 inTEST의 Thermonics® 기술을 결합합니다. 이러한 통합은 대마 및 헤ンプ 가공에서 겨울화의 필요성을 없애고 효율성과 수확량을 개선합니다.

양사의 기술은 미국에서 제조되어 품질 높은 솔루션을 제공하며, 이번 협업은 온도 제어 기술의 새로운 기준을 설정하고 두 회사의 시장 범위를 확대하는 것을 목표로 합니다.

Prodigy Processing Solutions et inTEST Environmental Technologies (NYSE American: INTT) ont annoncé un partenariat stratégique mondial. Prodigy distribuera les refroidisseurs Thermonics® à ultra-basse température et cryogéniques d'inTEST dans les secteurs du cannabis, du chanvre, de la biomédicale et de la pharmacie.

Le partenariat combine les systèmes d'extraction d'huile de cannabis ultra-froids de Prodigy, fonctionnant à des températures aussi basses que -300°F, avec la technologie Thermonics® d'inTEST, qui fournit des solutions de refroidissement à des températures de -80°C à moins de -100°C. Cette intégration élimine le besoin de saison hivernale dans le traitement du cannabis et du chanvre, améliorant ainsi l'efficacité et les rendements.

Les technologies des deux entreprises sont fabriquées aux États-Unis, offrant des solutions de qualité pour des secteurs critiques. La collaboration vise à établir de nouveaux standards en matière de technologie de contrôle de la température tout en élargissant la portée de marché pour les deux entreprises.

Prodigy Processing Solutions und inTEST Environmental Technologies (NYSE American: INTT) haben eine weltweite strategische Partnerschaft angekündigt. Prodigy wird inTESTs Thermonics® Ultra-Niedertemperatur- und Kryokühler in den Bereichen Cannabis, Hanf, Biowissenschaften und Pharmaindustrie vertreiben.

Die Partnerschaft kombiniert Prodgiys ultra-kalte Cannabisöl-Extraktionssysteme, die bei Temperaturen von bis zu -300°F arbeiten, mit der Thermonics®-Technologie von inTEST, die Kühlungslösungen bei -80°C bis unter -100°C bereitstellt. Diese Integration beseitigt die Notwendigkeit der Winterisierung in der Cannabis- und Hanfverarbeitung, was die Effizienz und die Erträge verbessert.

Die Technologien beider Unternehmen werden in den USA hergestellt und bieten qualitativ hochwertige Lösungen für kritische Industrien. Die Zusammenarbeit zielt darauf ab, neue Standards in der Temperaturregelungstechnologie zu setzen und gleichzeitig die Marktreichweite beider Unternehmen zu erweitern.

Positive
  • Strategic partnership expands inTEST's market reach into cannabis and hemp processing industries
  • Technology integration eliminates winterization process, reducing operational costs and time
  • Partnership enables access to new revenue streams in biomedical and pharmaceutical sectors
Negative
  • None.

Insights

This strategic partnership represents a meaningful technological advancement in the cannabis processing equipment sector, combining inTEST's proven cryogenic cooling expertise with Prodigy's established market presence. The ultra-low temperature capabilities (-300°F/-180°C) create a significant competitive advantage by eliminating the winterization step in cannabis processing - a major operational bottleneck that typically requires additional equipment, time and solvents.

The deal expands inTEST's addressable market into the rapidly growing cannabis processing equipment segment, estimated at $1.1 billion globally. By leveraging Prodigy's distribution network and industry relationships, this partnership could accelerate inTEST's revenue growth in this vertical. The technology synergy also creates opportunities in adjacent markets like biomedical and pharmaceutical processing, where ultra-low temperature control is critical.

For context, eliminating winterization can reduce processing time by up to 40% while improving yield quality. This translates to higher margins for processors and creates a compelling value proposition for equipment upgrades. The partnership's focus on USA-made products also addresses growing demand for domestic supply chain reliability in critical processing applications.

The cannabis extraction equipment market shows strong growth potential, with a projected CAGR of 16.2% through 2028. This partnership positions inTEST to capture market share in a high-margin segment while diversifying beyond its traditional semiconductor focus. The deal's structure as a worldwide distribution agreement minimizes capital investment risk while maximizing market reach.

Simple explanation for retail investors: Think of this like upgrading from a regular freezer to an industrial super-freezer that's so cold it can instantly freeze substances without forming ice crystals. This means cannabis processors can make higher quality products faster and cheaper, which makes inTEST's equipment very attractive to potential customers. It's like having the only ice cream machine that can make perfectly smooth ice cream in half the time - customers will pay a premium for that advantage.

Uniting Cutting-Edge Technologies to Revolutionize Cannabis and Hemp Processing

MIAMI, Jan. 14, 2025 /PRNewswire/ -- Prodigy USA LLC, also known as Prodigy Processing Solutions, today proudly announced its worldwide partnership with inTEST Environmental Technologies, a division of inTEST Corporation (NYSE American: INTT). Effective immediately, Prodigy will serve as strategic distribution partner for its inTEST Thermal Solutions (iTS) Thermonics® Ultra-Low Temperature and Cryogenic Chillers across the cannabis, hemp, biomedical, and pharmaceutical processing industries, specifically tailored for cannabinoid-related applications.

This groundbreaking partnership combines Prodigy's industry-leading ultra-cold cannabis oil extraction systems, capable of cryogenic operation at temperatures as low as -300°F, with the cutting-edge iTS Thermonics® technology, which provides unmatched control solutions for process cooling applications at -80°C to sub -100°C temperatures. Together, these advanced technologies deliver unparalleled performance, efficiency, and reliability to customers worldwide.

A Game-Changing Collaboration

The pairing of Prodigy's ultra-cold extraction systems with iTS's Thermonics® chillers eliminates the need for winterization in cannabis and hemp processing, saving operators time and money while achieving the highest yields and throughput available. Both companies' technologies are proudly Made in the USA, delivering unmatched quality and dependability in critical industries.

"This partnership represents a new era for cannabis and hemp processing technology," said Marc Beginin, CEO of Prodigy Processing Solutions. "iTS Thermonics® chillers perfectly complement Prodigy's ultra-cold extraction systems, creating a seamless, turnkey solution for our customers. Together, we're setting the standard for efficiency, performance, and innovation in the industry."

Bob Sandberg, Director, Global Chiller Sales, inTEST Environmental Technologies division, shared his enthusiasm for the partnership: "We're thrilled to collaborate with Prodigy and bring our iTS Thermonics® chillers to new markets. Prodigy's reputation for cutting-edge technology and industry leadership makes them an ideal partner to distribute our ultra-low temperature solutions. This partnership underscores our commitment to delivering the highest quality and most reliable temperature control technology available."

Steve Tegeder, Senior Vice President, Sales and Business Development at Prodigy Processing Solutions, highlighted the significance of the agreement: "By integrating iTS Thermonics® chillers with Prodigy's state-of-the-art extraction systems, we're offering an unrivaled solution to processors around the world. This partnership exemplifies how two industry leaders can come together to drive innovation and deliver exceptional value to their customers."

A Bright Future for Process Cooling

As Prodigy and inTEST Environmental Technologies unite their expertise, the collaboration promises to drive innovation in cannabis and hemp processing while setting new benchmarks for temperature control in biomedical and pharmaceutical applications. Both companies are committed to fostering sustainable, efficient, and reliable solutions that empower customers to achieve optimal results.

About Prodigy Processing Solutions

Prodigy Processing Solutions, also known as Prodigy USA LLC, is the leading provider of life science equipment tailored for the cannabis and hemp extraction and processing industries. With a focus on cutting-edge engineering, unparalleled customer service, expert operator training, and comprehensive extraction lab solutions, Prodigy equips businesses with the essential tools for success in these dynamic sectors. Committed to delivering the highest quality and most innovative extraction solutions, Prodigy is driving the evolution of the cannabis and hemp industries worldwide. For more information about Prodigy, visit ProdigyUSA.com.

About inTEST Environmental Technologies

inTEST Environmental Technologies, a division of inTEST Corporation (NYSE American: INTT), specializes in providing high-performance thermal management equipment. Its iTS Thermonics® product line delivers precision temperature control solutions for a wide range of applications, including process cooling, semiconductor testing, and industrial processes. Learn more at www.intestthermal.com.

CONTACT:
MATTIO Communications
prodigy@mattio.com

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SOURCE Prodigy Processing Solutions

FAQ

What are the temperature ranges of the combined Prodigy-INTT extraction system?

The system combines Prodigy's extraction technology operating at temperatures as low as -300°F with iTS Thermonics® cooling solutions operating at -80°C to sub -100°C temperatures.

How does the Prodigy-INTT partnership benefit cannabis processors?

The partnership eliminates the need for winterization in cannabis processing, saving operators time and money while achieving higher yields and throughput.

What industries will the INTT-Prodigy partnership serve?

The partnership will serve the cannabis, hemp, biomedical, and pharmaceutical processing industries, specifically for cannabinoid-related applications.

What is the geographical scope of the INTT-Prodigy distribution agreement?

The partnership is a worldwide distribution agreement, allowing Prodigy to distribute inTEST's Thermonics® chillers globally.

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