Welcome to our dedicated page for Viper Networks I news (Ticker: VPER), a resource for investors and traders seeking the latest updates and insights on Viper Networks I stock.
Viper Networks Inc. (VPER) delivers cutting-edge telecommunications solutions through its smart city technologies and IoT-integrated systems. This news hub provides investors and industry stakeholders with timely updates on strategic developments, financial milestones, and technological advancements driving the company's "Everything Wireless" initiative.
Access official press releases and curated analysis covering VPER's smart lighting deployments, partnership announcements, and progress in renewable energy integration. Our repository ensures transparent tracking of earnings reports, regulatory filings, and product launches critical for assessing the company's market position.
Key updates include expansions in IoT-enabled infrastructure projects, advancements in fixed wireless solutions, and innovations bridging LED lighting with 5G-ready urban networks. Bookmark this page to monitor how Viper Networks continues merging telecommunications expertise with sustainable smart city development across global markets.
The City of Palos Hills is set to install Apollo Smart LED light poles as part of a pilot project grant, becoming the first in the Greater Chicagoland area to adopt this technology. MEAD Electric will oversee the installation, enhancing street lighting and integrating new sensing technologies for smarter transportation and communication, including free public Wi-Fi. Viper Networks will invest significantly in a Public Private Partnership (PPP) model to finance the project alongside state grants. This initiative aims to improve community infrastructure, generate revenue, and create high-paying jobs, with plans to transfer ownership to the public sector in 20 years.
Viper Networks (OTC Pink: VPER) has partnered with Syngrex to distribute its skincare product line and expand its online presence. Syngrex focuses on personalized skincare solutions for chronic conditions like eczema and rosacea. The partnership will leverage Viper's telehealth platform, CyberGrab, to provide users with access to customized treatments through AI and technology. With skin diseases affecting 900 million globally, this collaboration aims to make a significant impact in the skincare market. Viper Networks is also progressing with its Apollo Smart Light technology across cities, enhancing its Smart Cities initiative.
Viper Networks (OTC Pink: VPER) has announced an agreement with the City of Palos Hills, Illinois, to install the Apollo Smart Light poles across the city, marking its first major project in Greater Chicago. The project could expand to 1,500-2,000 Smart LED Light poles by 2025. This initiative follows the $1.2 trillion Infrastructure Bill and the $391 billion Inflation Reduction Act aimed at enhancing energy and climate solutions. Viper Networks plans to invest through a Public Private Partnership, leveraging state grants to cover costs for Palos Hills and surrounding areas. CEO Farid Shouekani anticipates $5 million in initial grant funding for infrastructure upgrades.
Viper Networks (OTC Pink: VPER) has entered an agreement with Global Sustainable Initiatives to raise capital for Smart Cities projects in Illinois and beyond. This collaboration is contingent on funding from the State of Illinois. Each successfully funded project will see VPER issuing common stock valued at $0.05 per share for every $1 of grant funding secured. Potentially, a $5 million grant could result in 200 million shares issued. The partnership aims to install approximately 2,000 smart poles, generating estimated revenues of $120 million annually.
Viper Networks (OTC Pink: VPER) announces the commencement of solar panel shipments from Toledo Solar, enhancing its venture into the U.S. solar energy market. This partnership focuses on the production of durable, CdTe thin film photovoltaic panels, which have a significant environmental advantage and a 25-year warranty. The recent Inflation Reduction Act offers a 30% tax credit for rooftop solar systems, increasing to 40% for American-made panels. Viper Networks is positioning itself to meet the rising demand for renewable energy through a proof-of-concept project in Illinois.
Viper Networks, Inc. (OTC Pink: VPER) announces a joint venture with EarthWind, LLC, Gr8 Seas Holdings, Inc., and SC General Turbo SA to produce renewable energy solutions in the U.S. The collaboration includes developing systems for wind turbines, solar fields, and more, with a test site to be established in Leland, Illinois featuring twin 250KW wind turbines. The partners will also locate a U.S. manufacturing facility for wind turbines to enhance distribution efficiency. VPER aims to begin U.S. manufacturing within six months, promising significant growth in the green energy sector.
Viper Networks, Inc. (OTC Pink: VPER) has announced ongoing discussions with various entities regarding their CyberGrab technology application, following a patent submission six months ago. The company aims to finalize licensing agreements and partnerships upon patent approval. Active deployments of the CyberGrab app are targeted in San Francisco, Dominica, and Jordan, enhancing local services via their smartphone application. Additionally, the company’s Apollo Smart Light technology is positioned to integrate 6E/5G mobile Wi-Fi and provide security features. CEO Shouekani emphasizes ongoing efforts to address market challenges.
Viper Networks (OTC Pink: VPER) announced its acquisition of EcoTech Solutions for $1.7 million, completed via the issuance of restricted preferred shares. The deal involves two certificates, one for 42.5 million shares at $0.02 and another for 187.5 million shares at $0.0045 each. This acquisition aims to reduce costs and expand Viper's product offerings, particularly in Smart City applications. EcoTech's financials will be included in Viper's Q1 2022 report, with expectations of increased profitability and business growth in the Chicago area.
Viper Networks, Inc. (OTC Pink: VPER) has entered the cryptocurrency space following its acquisition of EcoTech Solutions, Inc. The company aims to significantly reduce mining costs by at least 50% using advanced technologies focused on solid-state cooling and renewable energy generation. This move aligns with Viper's expansion of Smart City solutions, integrating state-of-the-art mining technologies with industry applications. Additionally, the board has revoked plans for a reverse stock split, citing better alternatives for company growth.
Viper Networks (OTC Pink: VPER) has officially signed an agreement to acquire EcoTech Solutions, an Illinois-based company, for $1.7 million, fully paid in VPER stock. EcoTech, specializing in SMT printed circuit boards and industrial automation, generated over $500,000 in revenue year-to-date, expecting to double that figure next year. This acquisition aims to enhance Viper's smart-city initiatives, streamline costs, and boost revenue by leveraging EcoTech's existing profitable operations and inventory valued at over $1.2 million.
