Welcome to our dedicated page for Reflect Scientfc news (Ticker: RSCF), a resource for investors and traders seeking the latest updates and insights on Reflect Scientfc stock.
Reflect Scientific, Inc. (RSCF) delivers innovative cryogenic cooling solutions for healthcare, biotechnology, and industrial markets. This news hub provides investors and industry professionals with essential updates on corporate developments and technological advancements.
Access official press releases covering product innovations, financial results, strategic partnerships, and regulatory milestones. Our curated collection ensures timely updates on RSCF's low-temperature freezer systems, refrigerated containers, and specialized chillers serving critical applications from pharmaceutical storage to aerospace manufacturing.
Key content includes earnings announcements, technology patents, executive leadership updates, and industry-specific applications of cryogenic solutions. Bookmark this page for centralized access to verified information about RSCF's progress in advancing temperature control systems for sensitive materials.
Reflect Scientific Inc. (RSCF) has announced significant financial improvements through strategic market transitions and cost-saving initiatives. The company's move from OTCQB to OTC Pink market has generated over $100,000 in annual savings while maintaining transparent financial reporting.
The company plans to transition to the OTCIQ market on July 1, 2025, expecting additional operational efficiencies. Implementation of new operational cost-saving measures is projected to yield annual savings between $200,000 and $300,000.
Reflect Scientific, based in Orem, Utah, specializes in cryogenic cooling technologies for biotechnology, pharmaceutical, medical, and transportation markets, including low-temperature freezers and refrigerated systems for various applications.
Reflect Scientific (OTC: RSCF) reported significant revenue growth for fiscal year 2024, driven by increased demand for Cryometrix ultra-low temperature freezers and solvent chillers. The company experienced strong performance in life sciences and cold chain logistics sectors.
Key achievements include:
- Revenue increase compared to 2023, reversing previous industry slowdown
- Higher adoption of Cryometrix products in pharmaceutical, biotech, and natural product extraction industries
- Expanded refrigerated transport solutions using proprietary liquid nitrogen cooling technology
- Improved profitability margins through strategic cost management and supply chain optimizations
The company's eco-friendly, liquid nitrogen-based cooling technology gained wider market recognition, particularly in refrigerated transport, offering a cost-effective alternative to traditional diesel-powered systems.
Reflect Scientific (OTCQB: RSCF) has secured a $150,000 blanket order contract from a long-standing biotech client for consumable products. The contract spans five months, with revenue recognition split between Q4 2024 and Q1 2025. The partnership, which began in 2015, has supported the client through their development phase and commercialization of technology. The consumable products are part of Reflect Scientific's core offering to the biotechnology sector, where they provide cryogenic cooling solutions for biotechnology, pharmaceutical, medical, and transportation markets.
Reflect Scientific Inc. (OTCQB: RSCF) has secured a $225,000 order for its advanced blast freezing systems from a major Asia-based BioPharma company. This marks the eighth follow-on order from this client, indicating full adoption and standardization of Reflect Scientific's freezing technology. The order demonstrates the company's strong position in the global biotech market and the reliability of its products.
CEO Kim Boyce highlighted that this repeat order validates the superior performance and cost-effectiveness of their freezer systems. The sales from this order will be reflected in Reflect Scientific's third quarter 2024 financial results. This development signals positive momentum for the company as it expands its market presence and strengthens relationships with key industry players in the pharmaceutical and biotechnology sectors.
Reflect Scientific, Inc. announced sales of $105,000 from the L-80 MAX and L-80 Lite chillers, revolutionizing aluminum heat treatment in aerospace manufacturing. These chillers offer efficiency, precision, and safety, accelerating the quenching process and enhancing component durability. The success in aerospace opens opportunities for other industries. Reflect Scientific Inc. is actively exploring new sectors for their cooling technology.
Reflect Scientific Inc. (Symbol: RSCF) secured a $550,000 sale with a major biopharmaceutical company for its advanced freezing solutions. The sale includes multiple cutting-edge freezer systems shipped in the first and second quarters of 2024, marking a significant milestone in the relationship between Reflect Scientific and the buyer. The transaction highlights the growing demand for Reflect Scientific's innovative technologies and the trust major industry players have in their products, such as the T-90 Storage Freezer and T-160 Ultra Low Freezer. The sale reaffirms Reflect Scientific's commitment to providing reliable freezing solutions to the pharmaceutical industry.
