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Powerdyne International, Inc. (PWDY) is a North Reading-based company focused on power generation and motor technology. With recent financial results showing growth, the company aims to expand its market presence through acquisitions and new product offerings. Frame One, the company's subsidiary, is scaling operations by hiring additional staff and exploring new store locations to support organic growth. CM Technology, another subsidiary, is anticipating a strong second half of the year despite temporary supply chain issues. The company also has plans to self-finance projects in Puerto Rico and the Caribbean Islands to become an independent power provider. With a focus on controlling costs and continuous growth, Powerdyne International, Inc. is committed to delivering value and profitability to its shareholders.
Powerdyne International (PWDY) has announced plans to up-list to the OTCQB market and expand its CM Technology business. The company has hired Kinsley Street Investors Group to aid in this effort. Since their involvement, the share price has risen significantly. Powerdyne is also focusing on growing its business through internal development and acquisitions, especially in the semiconductor and AI motor sectors. They have begun quoting large semiconductor companies in Texas and Asia and have started due diligence on potential acquisition targets. The AI chip market, which CM Tech indirectly supports, is expected to reach $70 billion by 2024.
Powerdyne International (PWDY) has initiated preliminary discussions with an AI motor manufacturer regarding a potential acquisition or merger. The company aims to capitalize on the AI market projected to reach $156 billion by 2029 with a 4% annual growth rate. CEO James O'Rourke believes this could significantly enhance their revenue and open new market opportunities in robotics and AI. The company emphasizes that any formal agreement will only materialize after a thorough due diligence process. Powerdyne remains committed to delivering continuous growth and profitability for its shareholders.
Powerdyne International, Inc. (PWDY) has filed its Form 10-K for the year 2022, reporting a remarkable 2,384% increase in product revenue, totaling $1,158,566 compared to the previous year. This surge is attributed to the acquisition of CM Technology LLC and Frame One LLC, positioning the company for significant growth in the industrial robotics sector. CEO James O’Rourke emphasizes the company's strong market position due to these acquisitions. Additional updates for shareholders are expected soon.
Powerdyne International, Inc. (PWDY) has resumed trading after meeting regulatory requirements, signaling a key recovery phase for the company. CEO James O’Rourke highlighted that this development, along with a recent acquisition, positions Powerdyne for significant growth in the industrial robotics sector. The company operates through two wholly owned subsidiaries: CM Technology, a motor manufacturer focused on industrial robotics, and Frame One, a custom framing service. Upcoming announcements are expected to provide further insights into the company's strategic direction.
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