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SOLLENSYS CORP - SOLS STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SOLLENSYS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SOLLENSYS's position in the market.

Rhea-AI Summary

Sollensys Corp (OTCQB:SOLS) has appointed Chele Rider as Head of Indigenous Relations. Rider, an expert in Emergency Management with 16 years at the American Red Cross and FEMA, will leverage her experience to bolster the company's mission of enhancing cybersecurity through blockchain technology. CEO Don Beavers emphasized the importance of rapid response to ransomware threats, highlighting Rider's background in teaching cybersecurity. Rider aims to protect tribal communities and their businesses from cybercrime, reinforcing Sollensys's commitment to safeguarding organizational data.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.81%
Tags
management
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Rhea-AI Summary

Sollensys Corp (OTCQB:SOLS) has entered into a strategic reseller agreement with Octopy, a technology firm serving major institutions, including the Mexican government. This partnership aims to enhance cyber defense by utilizing Sollensys's advanced blockchain technology to protect critical data assets from hacking and ransomware threats. Sollensys emphasizes its mission to prevent ransom payments by securing immutable data copies. The collaboration is set to bolster cybersecurity measures across various industries, including government and finance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.29%
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none
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Rhea-AI Summary

Sollensys Corp (OTCQB:SOLS) announced a contract with Aramco for the development of technology modules via its subsidiary, Abstract Media. This collaboration, rooted in a relationship dating back to 2017, focuses on creating augmented and virtual reality solutions to enhance internal and external communications for Aramco. The partnership aims to leverage emerging technologies to simplify complex narratives in the oil and gas sector, bridging knowledge gaps effectively.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.78%
Tags
none
Rhea-AI Summary

Sollensys Corp (OTCQB:SOLS) announced a strategic reseller agreement with WISE TELECOM to expand its blockchain cybersecurity services into Mexico. This follows Sollensys's recent entry into Puerto Rico, reflecting its efforts to collaborate with IT managed service providers. The partnership aims to enhance ransomware recovery through blockchain technology, allowing clients to recover immutable copies of their data swiftly after a cyberattack. CEO Don Beavers emphasized the growing necessity for robust cybersecurity solutions in today's digital landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.52%
Tags
none
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Rhea-AI Summary

Sollensys Corp (OTCQB:SOLS) has officially uplisted from the OTC Pink to the OTCQB Venture Market as of March 9, 2022. This milestone is expected to enhance liquidity and visibility for investors, as the OTCQB is recognized for its rigorous reporting standards. Existing shareholders will automatically see their shares quoted on this market. CEO Don Beavers highlighted that this move aligns with the company's long-term strategy to broaden its shareholder base and attract larger investors. Sollensys is focused on providing advanced cybersecurity solutions utilizing blockchain technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
none
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Rhea-AI Summary

Sollensys Corp (OTC PINK:SOLS) has announced a strategic reseller agreement with CORTELCO, a leader in IT solutions for digital transformation. This partnership aims to deliver enhanced cybersecurity services using blockchain technology to protect organizations from ransomware attacks. CORTELCO's President praised Sollensys for its innovative approach to safeguarding digital assets. Sollensys focuses on providing a ransomware safety net, ensuring business continuity without paying ransoms. The collaboration highlights the growing demand for advanced cybersecurity solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
Tags
none
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Rhea-AI Summary

Sollensys Corp (OTC PINK:SOLS), a pioneer in blockchain-based cybersecurity focusing on ransomware recovery, has committed to collaborating with the reseller and managed service provider sectors. This initiative aims to enhance the deployment of its immutable data protection solutions amidst increasing cyber threats. Sollensys anticipates revealing crucial partnerships within the next month. Their flagship product, the Blockchain Archive Server, offers advanced security measures that encrypt and distribute data, safeguarding it against potential ransomware attacks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
none
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Rhea-AI Summary

Sollensys Corp (OTC:SOLS) announces the launch of its new Sollensium portal, a private blockchain data storage solution aimed at individuals and small businesses. This platform democratizes access to blockchain security, providing an affordable and user-friendly interface for safeguarding digital assets against cyber threats. The portal supports various file types, including video, and allows easy retrieval of data. Sollensys aims to protect users from data theft and ransomware, offering a reliable digital vault for creative content and personal data.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
none
Rhea-AI Summary

Sollensys Corp (OTC PINK:SOLS) announced a successful preliminary validation test of a blockchain verification algorithm designed to withstand attacks from advanced quantum computers. This test utilized lattice-based cryptography and aimed to secure data comparable to that produced daily by large banking corporations. CEO Don Beavers emphasized the importance of developing quantum-resistant cryptographic algorithms as a national priority, positioning Sollensys to lead in this critical security sector. The new algorithms will be offered alongside existing products to enhance data security.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.8%
Tags
none

FAQ

What is the market cap of SOLLENSYS (SOLS)?

The market cap of SOLLENSYS (SOLS) is approximately 10.7K.

SOLLENSYS CORP

OTC:SOLS

SOLS Rankings

SOLS Stock Data

10.65k
82.48M
22.57%
Software - Infrastructure
Technology
Link
United States of America
Palm Bay