News and Announcements
REX Energy Receives LOI To Proceed With A Client-Funded $13.5M Project
- Published October 13, 2022 11:53PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
REX Energy is a VC-backed renewable energy technology company with a patented X1 technology that enables multi-tenant properties to generate 100% of their renewable energy supply on-site and distribute electricity equitably and efficiently.
As of 11:30 am on 10th October, REX Energy has received a letter of intent from a QLD client to proceed with a client-funded, AUD 13.5M retirement village project spanning four years that will also provide AUD 500-600k per annum (increasing at 3% per annum) in network operating fees “Energy as a Service” revenue over twenty-five years.
Company Updates
From Algae Pioneers to a Natural Revolution: The Second Act of WRS Bioproducts
As the US FDA prepares to phase out synthetic food colors by the end of 2026, WRS Bioproducts is stepping in to solve a looming supply crisis. Led by industry pioneer Harry Rosen, the company is leveraging 40 years of industrial algae farming expertise to scale production of natural, superior-quality beta-carotene, positioning itself as a vital supplier in the rapidly shifting global market for natural ingredients.
Dying for a Cure: Why Astraea is Stress-Testing the Future of Space Medicine
Astraea Technologies is solving a critical “blind spot” in the $1.5T space economy. Co-founders Brooke Mills and Gordon Carroll discuss their $5M seed raise, the HIRO-LAB platform, and their upcoming 2028 mission to the Moon to validate life-saving medicine in extreme environments.
Beyond the Drip: Elemental IV’s Infrastructure Play for a Fragile Supply Chain
In the high-stakes world of life sciences, we often hunt for the next “miracle molecule” or gene-editing breakthrough. But Storme Paes, Founder and Commercial Director of Elemental IV, found her mission in something far more fundamental, yet dangerously overlooked: a simple bag of saltwater. The “Meeting Room” Revelation The genesis of Elemental IV didn’t occur […]
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