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NRP STONE INC - NRPI STOCK NEWS

Welcome to our dedicated page for NRP STONE news (Ticker: NRPI), a resource for investors and traders seeking the latest updates and insights on NRP STONE stock.

NRP Stone, Inc. (Symbol: NRPI) operates through its subsidiary Uplift Aerospace, Inc., offering manufacturing & logistic services for innovative space products. Uplift provides in-space manufacturing, research partnerships, and spaceflight missions. Recent corporate restructuring, shareholder approvals, and strategic plans highlight their commitment to creating shareholder value while aligning management and shareholder interests. With collaborations with NASA, Blue Origin, and universities, they aim to democratize space exploration. Annual shareholder meetings and educational initiatives like Starborn Academy showcase Uplift's dedication to STEM education and space innovation.

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NRP Stone (Symbol: NRPI) released its 2021 Annual Report, highlighting significant value generation activities. After acquiring an 80% stake in Uplift Aerospace, the company saw its market value soar over 4,000%. Key achievements included collaborations with NASA and Blue Origin, along with the development of the Space+ commerce platform, set to launch in Spring 2022. NRP now owns 100% of Uplift and anticipates revenues from new initiatives starting in Q2 2022.

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NRP Stone, Inc. (OTC PINK:NRPI) has successfully acquired the remaining 20% of Uplift Aerospace, making it a wholly owned subsidiary. The acquisition, involving 95 Series B Convertible Preferred Stock, comes after NRP initially acquired 80% in 2021. A shareholder agreement restricts conversion rights of the preferred shares until certain market value milestones are reached. Full integration is expected in Q2 and Q3 of 2022. CEO Josh Hanes expressed optimism about collaborations with NASA and Blue Origin, aiming for long-term shareholder value.

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NRP Stone has announced a unique opportunity for three members of its Space+ NFT community to experience weightlessness alongside astronaut José Hernández. This initiative, managed by its subsidiary Uplift Aerospace, will take place on March 20, 2022, in collaboration with Zero Gravity Corporation. Participants will be selected during a live event on March 3 and via social media on March 4. The flight offers an exhilarating experience of microgravity, featuring 15 parabolas that mimic lunar and martian conditions.

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NRP Stone has announced that its subsidiary, Uplift Aerospace, has appointed former NASA astronaut José M. Hernández as the first honorary Space+ member. Hernández will engage with the community through various events, promoting the mission to increase accessibility and diversity in space exploration. Uplift Aerospace also plans to launch an NFT collection this Spring, which will provide real-life access to space missions, including suborbital flights and community-supported lunar missions. The first engagement with Hernández is scheduled for March 3rd during an astronaut panel.

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NRP Stone, Inc. (OTC PINK: NRPI) has made significant strides in settling its liabilities, paying off $950,000 in current liabilities and converting a $567,047 long-term note into restricted stock at $0.11. The company’s liabilities have decreased by over $1.6 million since December 2021. NRP Stone is focusing on operations of its acquisition, Uplift Aerospace, which has secured contracts with NASA and Blue Origin, enhancing its position in the space industry. Uplift recently launched a unique NFT collection named Space+ that provides access to exclusive space experiences.

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NRP Stone's subsidiary, Uplift Aerospace (OTC PINK:NRPI), has secured partnerships with Continuum XR and 97th Floor to develop the virtual infrastructure for its Space+ metaverse. This initiative will enhance commerce between Earth and space through smart contracts, visual media, and digital marketing. Uplift aims to create a multiplanetary economy, and the collaboration is vital in assembling a talented team focused on extending Uplift’s digital footprint. The strategic partnerships underline Uplift’s position as a pioneer in the evolving space industry.

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NRP Stone's subsidiary, Uplift Aerospace, has gained a significant investment from New York's Monkey Fund, a Web3 metaverse advisor, for their innovative Space+ project. This initiative aims to enhance community access to low Earth orbit and beyond, culminating in a lunar rover mission. Uplift has partnered with Blue Origin and NASA to offer exclusive goods and fine art for purchase in space. Monkey Fund focuses on early-stage Web3 investments and leverages its extensive networks to support these projects.

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PARK CITY, UT / ACCESSWIRE / February 1, 2022 / NRP Stone, subsidiary Uplift Aerospace, is developing its Space+ NFT project, aimed at connecting Earth to low Earth orbit and beyond through Web3. Uplift has hired Caroline Geraghty as a community engagement advisor to enhance the NFT community. The Space+ NFTs offer exclusive community membership and access to space-related experiences, including sub-orbital flights and lunar missions. Uplift is positioned as an emerging leader in the space industry, focusing on innovations for a multiplanetary economy.

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NRP Stone, Inc. (OTC PINK:NRPI) announced its subsidiary, Uplift Aerospace, has signed an MOU with 97th Floor and Continuum XR to finalize a development team for the Space+ project. This partnership aims to enhance community access to low Earth orbit, the Moon, and beyond. The collaboration will focus on smart contract development, virtual 3D asset creation, community development, and digital marketing. More details are expected as the project prepares for its Spring 2022 launch.

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NRP Stone (OTC PINK: NRPI) announced that its subsidiary, Uplift Aerospace, has signed an agreement with Sierra Space and Blue Origin to provide commercial services for the Orbital Reef Space Station. This initiative supports Uplift’s Constellation Vault project, which includes a contract with NASA for deployment to the International Space Station in 2022. Uplift is among over thirty companies collaborating on this pioneering project aimed at expanding commercial, research, and tourism activities in low Earth orbit.

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FAQ

What is the current stock price of NRP STONE (NRPI)?

The current stock price of NRP STONE (NRPI) is $0.035 as of December 24, 2024.

What is the market cap of NRP STONE (NRPI)?

The market cap of NRP STONE (NRPI) is approximately 18.6M.

What is Uplift Aerospace, Inc.?

Uplift Aerospace, Inc. is a subsidiary of NRP Stone, Inc., providing manufacturing & logistic services for space products including in-space manufacturing, research partnerships, and spaceflight missions.

What recent changes have occurred in NRP Stone, Inc.'s corporate structure?

Recent corporate restructuring and shareholder approvals have led to strategic changes and plans aimed at creating shareholder value and aligning management and shareholder interests.

What collaborations does Uplift Aerospace have?

Uplift Aerospace has collaborations with NASA, Blue Origin, and various universities, showcasing their commitment to democratizing space exploration.

What educational initiatives does NRP Stone, Inc. support?

NRP Stone, Inc. supports educational initiatives like the Starborn Academy, a virtual reality astronaut training program for students aged 13 to 18, emphasizing STEM education.

When is NRP Stone, Inc.'s annual shareholder meeting?

NRP Stone, Inc.'s annual shareholder meeting is scheduled for September 14, 2023, where discussions on corporate restructuring, strategic plans, and company status are expected.

What is the ultimate objective of NRP Stone, Inc.?

NRP Stone, Inc.'s ultimate objective is to create shareholder value while aligning management and shareholder interests through sound corporate governance and strategic partnerships.

What is the main focus of Uplift Aerospace's Starborn Academy Program?

The Starborn Academy Program, an immersive virtual reality education initiative, aims to enhance critical thinking and STEM performance among students, with recent expansions into global markets.

Who are some of the key partners of NRP Stone, Inc.?

NRP Stone, Inc. has secured collaborations with partners such as NASA, Blue Origin, and universities like the University of Arizona, University of Wisconsin, and the University of Central Florida.

How does Uplift Aerospace contribute to STEM education?

Uplift Aerospace contributes to STEM education through initiatives like the Starborn Academy, leveraging virtual reality technology to engage students and enhance their skills in science, technology, engineering, and math.

Where can I stay updated with the latest news about NRP Stone, Inc.?

To stay updated with the latest news about NRP Stone, Inc., visit upliftaerospace.com and follow @upliftaerospace on social media platforms like Facebook, Instagram, and Twitter.

NRP STONE INC

OTC:NRPI

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18.56M
285.10M
Aerospace & Defense
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