Ispire Launches VLT: A New Pod System Designed to Enhance the 510-Thread Vaping Experience
Ispire Technology Inc. (NASDAQ: ISPR) has launched VLT, a new reloadable pod system for vaping that aims to revolutionize the 510-thread experience. The system features a proprietary reload mechanism that promotes sustainability by reducing electronic waste through reusable batteries and pods. VLT's design preserves terpenes, extends product shelf life, and offers cost efficiency for manufacturers through the Ispire ONE™ filling machine. The company commits to donating a portion of proceeds to organizations fighting non-recyclable waste, making it a plastic-neutral product. The system is available in various pod sizes and colors, catering to THC, CBD, and alternative cannabinoid users.
Ispire Technology Inc. (NASDAQ: ISPR) ha lanciato VLT, un nuovo sistema di pod ricaricabili per il vaping che ha l'obiettivo di rivoluzionare l'esperienza con filettatura 510. Il sistema presenta un meccanismo di ricarica proprietario che promuove la sostenibilità riducendo i rifiuti elettronici tramite batterie e pod riutilizzabili. Il design di VLT preserva i terpeni, estende la durata del prodotto e offre un'efficienza economica per i produttori grazie alla macchina di riempimento Ispire ONE™. L'azienda si impegna a donare una parte dei proventi a organizzazioni che combattono i rifiuti non riciclabili, rendendolo un prodotto neutro rispetto alla plastica. Il sistema è disponibile in diverse dimensioni e colori dei pod, adatto per utilizzatori di THC, CBD e cannabinoidi alternativi.
Ispire Technology Inc. (NASDAQ: ISPR) ha lanzado VLT, un nuevo sistema de pods recargables para vapear que busca revolucionar la experiencia con roscado 510. El sistema cuenta con un mecanismo de recarga patentado que promueve la sostenibilidad al reducir los desechos electrónicos a través de baterías y pods reutilizables. El diseño de VLT preserva los terpenos, extiende la vida útil del producto y ofrece eficiencia de costos para los fabricantes gracias a la máquina de llenado Ispire ONE™. La empresa se compromete a donar una parte de las ganancias a organizaciones que luchan contra los desechos no reciclables, convirtiéndolo en un producto neutro en plástico. El sistema está disponible en varios tamaños y colores de pods, atendiendo a usuarios de THC, CBD y cannabinoides alternativos.
Ispire Technology Inc. (NASDAQ: ISPR)는 VLT를 출시했습니다. 이 새로운 리필 가능 팟 시스템은 510 스레드 경험을 혁신하는 것을 목표로 합니다. 이 시스템은 재사용 가능한 배터리와 팟을 통해 전자 폐기물을 줄이고 지속 가능성을 촉진하는 독점 리필 메커니즘을 특징으로 합니다. VLT의 디자인은 테르펜을 보존하고, 제품의 유통 기한을 연장하며, Ispire ONE™ 충전 기계 덕분에 제조업체에게 비용 효율성을 제공합니다. 이 회사는 재활용할 수 없는 폐기물과 싸우는 조직에 수익의 일부를 기부하기로 약속하며, 이를 플라스틱 중립 제품으로 만듭니다. 이 시스템은 THC, CBD 및 대체 칸나비노이드 사용자에 맞게 다양한 팟 크기와 색상으로 제공됩니다.
Ispire Technology Inc. (NASDAQ: ISPR) a lancé VLT, un nouveau système de pods rechargeables pour le vapotage qui vise à révolutionner l'expérience avec le filetage 510. Le système se distingue par un mécanisme de recharge exclusif qui favorise la durabilité en réduisant les déchets électroniques grâce à des batteries et des pods réutilisables. Le design de VLT préserve les terpènes, prolonge la durée de vie du produit et offre une efficacité économique pour les fabricants grâce à la machine de remplissage Ispire ONE™. L'entreprise s'engage à faire don d'une partie des recettes à des organisations qui luttent contre les déchets non recyclables, en faisant ainsi un produit neutre en plastique. Le système est disponible en différentes tailles et couleurs de pods, s'adaptant aux utilisateurs de THC, CBD et cannabinoïdes alternatifs.
Ispire Technology Inc. (NASDAQ: ISPR) hat VLT eingeführt, ein neues nachfüllbares Pod-System für das Dampfen, das darauf abzielt, die 510-Gewindebenutzererfahrung zu revolutionieren. Das System verfügt über einen proprietären Nachfüllmechanismus, der Nachhaltigkeit fördert, indem es elektronischen Abfall durch wiederverwendbare Batterien und Pods reduziert. Das Design von VLT bewahrt Terpene, verlängert die Haltbarkeit des Produkts und bietet Kosteneffizienz für Hersteller durch die Ispire ONE™ Füllmaschine. Das Unternehmen verpflichtet sich, einen Teil der Erlöse an Organisationen zu spenden, die gegen nicht recycelbare Abfälle kämpfen, und macht es so zu einem plastikneutralen Produkt. Das System ist in verschiedenen Pod-Größen und -Farben erhältlich und richtet sich an THC-, CBD- und alternative Cannabinoid-Nutzer.
- Introduction of innovative reloadable pod system reducing operational costs
- Revenue potential from eco-friendly product targeting growing sustainable market
- Cost efficiency through Ispire ONE™ filling machine implementation
- Product differentiation through terpene preservation technology
- Potential market adoption challenges in competing with established disposable vaping products
- Initial investment required for manufacturers to adopt new filling system
Insights
The launch of VLT represents a significant strategic pivot in the vaping hardware market. The system's dual focus on sustainability and cost efficiency addresses two critical pain points in the industry - environmental impact and operational costs. The reloadable pod design could drive recurring revenue through pod sales while reducing manufacturing costs compared to disposable units.
The integration with Ispire ONE™ filling machine creates an ecosystem that could lead to increased market penetration among MSOs and SSOs by offering operational efficiencies. The product's positioning as a premium, sustainable alternative could command higher margins while appealing to environmentally conscious consumers. This launch could significantly impact Ispire's market position in the competitive vaping hardware sector.
The VLT system's plastic-neutral commitment and waste reduction features align with growing regulatory pressure and consumer demand for sustainable vaping solutions. The reusable design addresses a critical environmental challenge in the industry, where disposable vapes contribute significantly to e-waste. The commitment to donate proceeds to waste reduction organizations adds credibility to their environmental claims.
This positions Ispire favorably ahead of potential environmental regulations and could create competitive advantages as markets increasingly prioritize sustainable products. The focus on terpene preservation also suggests improved product efficiency, potentially reducing waste from degraded products.
Innovative Vaping Technology Creates a Sustainable, Cost-Effective Ecosystem that Preserves Terpenes, Reduces Waste, and Supports Organizations Dedicated to Reducing Non-Recyclable Waste
"VLT is a transformative step forward for cannabis vaping," said Michael Wang, Co-CEO of Ispire. "We've combined the familiarity of 510-thread devices with a versatile reloadable system that gives our partners and consumers true ownership of their vaping experience, while tackling the environmental and economic challenges that come with disposables."
Sustainability and Eco-Friendly Design
Unlike disposable vapor products that contribute to electronic waste by discarding the entire device, including the battery, VLT's reusable system promotes sustainability by allowing consumers to reload their pods. This means the battery isn't thrown out with each use, reducing electronic waste and making the product more environmentally friendly. The eco-friendly design, featuring a reusable battery and multiple pod sizes, reduces electronic waste and supports Ispire's commitment to environmental responsibility. A portion of VLT's proceeds will be donated to organizations dedicated to reducing non-recyclable waste, making VLT a plastic-neutral product.
Cost and Operational Efficiency
VLT's reloadable pods not only offer a greener alternative but are also cost-effective when compared to traditional disposable systems. For manufacturers, VLT drives operational efficiency through the Ispire ONE™ filling machine, cutting labor costs and maintaining product integrity. VLT's airtight design preserves the natural terpenes in cannabis extracts, enhancing flavor profiles and extending shelf life, setting a new standard for vaping quality.
Elevating the 510-Thread Experience
VLT elevates the vaping experience by merging the convenience of disposables with the reliability and performance of the 510-thread system. Available in a variety of pod sizes, colors, and fully customizable options, VLT caters to the needs of both THC, CBD and alternative cannabinoid users. The advanced pod technology ensures maximum terpene preservation, with an airtight chamber that prevents evaporation and ensures every draw delivers a consistent and premium experience.
Wang added, "Disposable vapes have contributed significantly to electronic waste, but with VLT, we're giving consumers the power to not only save money but also reduce their carbon footprint. VLT offers a premium, sustainable experience without sacrificing convenience or affordability. It's an ideal solution for multi-state operators (MSOs), single-state operators (SSOs), and brands seeking sustainable growth while offering consumers a smarter, eco-friendly alternative to disposables.
For more information, visit https://www.vlt.club/.
About Ispire Technology Inc.
Ispire is engaged in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products. The Company's operating subsidiaries own or license more than 400 patents worldwide. Ispire's branded e-cigarette products are marketed under the Aspire name and are sold worldwide (except in the
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "would," "could," "seek," "intend," "plan," "goal," "project," "estimate," "anticipate," "strategy," "future," "likely" or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company's strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company's ability to collect its accounts receivable in a timely manner, the Company's business strategies, the ability of the Company to market to the Ispire ONE™, Ispire ONE's success if meeting its goals, the ability of its customers to derive the anticipated benefits of the Ispire ONE™ and the success of their products on the markets; the Ispire ONE™ proving to be safe, and the risk and uncertainties described in "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Cautionary Note on Forward-Looking Statements" and the additional risk described in Ispire's Annual Report on Form 10-K for the year ended June 30, 2023 and any subsequent filings which Ispire makes with the
IR Contacts:
For more information, kindly contact:
Investor Relations
Sherry Zheng
718.213.7386
ir@ispiretechnology.com
KCSA Strategic Communications
Phil Carlson
212.896.1233
ispire@kcsa.com
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570.209.2947
EMellody@kcsa.com
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SOURCE Ispire Technology Inc.
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