Category: Accesswire

Company Doubles Missouri R&D Facility, Launches Heat Pump Testing, and Readies Fall Rollout of SOLIS™ & COR™ Mobile Nano-Grid System

WEST SENECA, NY / ACCESS Newswire / July 16, 2025 / Worksport Ltd. (NASDAQ:WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced major corporate developments across research, manufacturing, and commercialization-signaling aggressive growth following a record-setting Q2.

Expanding U.S. R&D and Preparing for Manufacturing Scalability

After delivering Q2 2025 top-line results of $4.1M, up 83% from the previous quarter, Worksport shares that it has recently moved into new research and development (“R&D”) facilities in Ozark, Missouri, doubling its R&D footprint to facilitate larger R&D initiatives, paired with a large pipeline of upcoming and planned launches of innovative products and features. This expansion underscores the Company’s commitment to product innovation and expanding its customer reach through future-facing technology platforms. Missouri was selected due to its central geography, skilled labor force, and growing prominence as a U.S. manufacturing hub.

With production up over 50% since March 2025, the Company is also evaluating new factory capacity to meet surging demand. A decision on expansion is expected by the end of Q3. The Company shares that demand remains ahead of output.

COR and SOLIS Moving Toward Commercial Launch

Worksport’s highly anticipated SOLIS solar-integrated tonneau cover and COR portable nano-grid system remain on track for a Fall 2025 launch. Both products have completed major validation milestones, including third-party testing and customer-paid beta deployments. Management believes this clean-tech vertical-targeting a $13B addressable market-represents a transformational revenue stream and an expansion beyond the Company’s core truck accessory business.

The Company projects $2-3 million in revenue from SOLIS and COR in 2025, with 2026 expected to see 8-figure growth potential as sales expand across both business to consumer (B2C) and strategic enterprise channels.

AetherLux™ Gains Additional Enterprise Attention

Terravis Energy, Worksport’s clean-tech subsidiary, has entered early-stage commercial testing of its AetherLux™ Pro heat pump with high-performance Zerofrost technology, addressing the $148B global heat pump market. The technology is drawing interest from multi-billion-dollar corporations and U.S. government entities, with site visits and due diligence already underway.

Management believes AetherLux could play a major role in Worksport’s 2026 balance sheet, as the Company continues to validate its performance in extreme climate conditions and scale its manufacturing pathways.

For further information:

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128
W: investors.worksport.com W: www.worksport.com E: investors@worksport.com

Connect with Worksport Chief Executive Officer, Steven Rossi

Steven Rossi X (Twitter)

Steven Rossi LinkedIn

Join: Worksport’s Newsletter

About Worksport

Worksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com.

Connect with Worksport

Please follow the Company’s social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the “Accounts”), the links of which are links to external third-party websites, as well as sign up for the Company’s newsletters at investors.worksport.com.

Social Media Disclaimer

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC”) filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

Forward-Looking Statements

The information contained herein may contain “forward‐looking statements.” Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

SOURCE: Worksport Ltd.

View the original press release on ACCESS Newswire

Continuing to deliver vital support to the British Army 

SAN DIEGO, CALIFORNIA / ACCESS Newswire / July 16, 2025 / Cubic Defence UK announces it has been awarded a two-year, sole-source contract by the UK Ministry of Defence (UK MOD) for the delivery of the Instrumented Live Training – Area Weapons Effects System (ILT-A).

“Cubic is honored to continue our long-standing partnership with the UK MOD,” said Alicia Combs, Vice President and General Manager at Cubic Defense. “This award reflects the trust placed in our systems to prepare warfighters for the complexities of modern combat. With ILT-A, we are proud to deliver a high-fidelity, globally interoperable solution that supports the British Army’s evolving training needs.”

ILT-A provides our soldiers with a realistic, data-rich training environment that enhances both competence and lethality,” said Simon Pearce, Synthetic Environments & Training, Defence Equipment and Support, UK Ministry of Defence. “The integration of Cubic’s Instrumented Metricized Live Fire capability and RPAS reflects the evolving character of combat and ensures the British Army can train with agility and precision.”

The ILT-A contract builds on Cubic’s two-decade legacy of integrated training solutions for the UK MOD and supersedes the previous Area Weapons Effects Simulation (AWES) contract. The system combines advanced laser and area-effects technology with fully instrumented live-fire range systems and Remotely Piloted Air Systems (RPAS), creating a digitized environment featuring multi-spectrum, multi-domain threats. It also integrates with Cubic’s SCOPIC2 Virtual-in-Live synthetic environment to enable comprehensive force training and supports interoperability with partner nations. Data generated during training is used to inform the After Action Review process.

The contract includes options to support the UK MOD and global allies with individual and collective training across multiple domains and training areas, from Section to Brigade level. It also features a life-extension program through the end of the decade and investment in experimentation to support UK MOD’s Force Development initiatives.

To learn more about Cubic products and services, visit www.cubic.com.

About Cubic
Cubic creates and delivers technology solutions in transportation that make people’s lives easier by simplifying their daily journeys, and defense capabilities that help promote mission success and safety for those who serve their nation. Led by our talented teams around the world, Cubic is driven to solve global challenges through innovation and service to our customers and partners.

Part of Cubic’s portfolio of businesses, Cubic Defense provides networked Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) solutions and is a leading provider of live, virtual, constructive and game-based training solutions for both U.S. and Allied Forces. These mission-inspired capabilities enable assured multi-domain access; converged digital intelligence; and superior readiness for defense, intelligence, security and commercial missions. For more information, visit www.cubic.com.

Media Contact:

Geri MacDonald 
Cubic Defense 
geri.macdonald@cubic.com 

Touchdown PR for Cubic Defense

Cubicdefense@touchdownpr.com

SOURCE: Cubic Defense

View the original press release on ACCESS Newswire

Commercial roadmap includes: first joint bGen TES projected expected to launch in 2027, three projects worth $50 million by 2030, and develop a pipeline of 15-20 projects with a potential value of $650 million by 2035

Pilot integrations planned to power AI data centers

SMR capacity could reach up to 120 GW by 2050, requiring more than $670 billion in global investment according to theInternational Energy Agency (IEA)

ROSH HA‘AYIN, IL / ACCESS Newswire / July 16, 2025 / Brenmiller Energy Ltd. (Nasdaq:BNRG), (the “Company”, “Brenmiller” or “Brenmiller Energy”) a leading global provider of Thermal Energy Storage (“TES”) solutions for industrial and utility customers, announced today it has signed of a non-binding Memorandum of Understanding (“MoU”) with ENASCO Ltd. (“ENASCO”), a specialist in nuclear Small Modular Reactor (“SMR”) project development. The collaboration marks another step towards Brenmiller’s expansion into the nuclear energy sector and aligns with the Company’s recent announcement that it is developing a new version of its TES to be tailored for SMR and high-resilience industrial applications.

Under the MoU, Brenmiller and ENASCO will collaborate to study, develop and commercialize integrated solutions combining Brenmiller’s proprietary bGen™ TES system with advanced Liquid Metal Reactor (“LMR”)-based SMRs. The initiative targets enhanced energy efficiency, operational safety, and system flexibility across electric, thermal, and hydrogen applications.

“In cooperation together with ENASCO, we plan to leverage our complementary capabilities to explore creating a scalable, high-efficiency hybrid platform that answers the energy market’s need for clean and dispatchable baseload power,” said Doron Brenmiller, Chief Business Officer of Brenmiller Energy. “In the near term, we plan to target the AI data center market which, according to a McKinsey & Co. report, will account for almost 12% of total power demand in the U.S. by 2030.”

Commercial Roadmap and Market Potential

According to the International Energy Agency (IEA), SMR capacity could reach up to 120 GW by 2050, requiring more than $670 billion in global investment. The MoU outlines a phased roadmap, including:

• 2026: Form strategic alliances with SMR vendors and pilot integration with AI data centers

• 2027: Launch first joint hybrid SMR+TES project

• 2030: Deploy three commercial-scale projects with a combined target value of $50 million

• By 2035: Build a pipeline of 15-20 hybrid projects across Europe and the Americas, with a potential value of up to $650 million

Strategic Rationale: Enabling the Future of Nuclear-Thermal Hybrid Systems

The bGen™ TES system is uniquely positioned to address core challenges in SMR deployment. When coupled with LMRs-known for their high operating temperatures (~500-550°C) and low-pressure designs-bGen™ offers:

• Enhanced Passive Safety: Acts as a passive heat sink during emergency shutdowns or grid outages, improving SMR safety

• Streamlined Design: Eliminates the need for separate steam generators or redundant heat exchangers, reducing CapEx

• Grid Flexibility: Supports load following, time-shifting, and ancillary market participation

• Scalability: Supports a wide range of project sizes, from 10 MWh pilots to multi-GWh utility-scale systems

About ENASCO Ltd.

ENASCO Ltd. provides advanced engineering, feasibility analysis, and strategic consulting for SMR deployments across Europe. With an established track record in nuclear energy design, grant writing, consortium management, and policy advisory, ENASCO is a recognized contributor to the evolution of modular nuclear infrastructure.

About bGen™

bGen™ ZERO is Brenmiller’s TES system, which converts electricity into heat to power sustainable industrial processes at a price that is competitive with natural gas. The bGen™ ZERO charges by capturing low-cost electricity from renewables or the grid and stores it in crushed rocks. It then discharges steam, hot water, or hot air on demand according to customer requirements. The bGen™ ZERO also supports the development of utility-scale renewables by providing critical flexibility and grid-balancing capabilities. bGen™ ZERO was named among TIME’s Best Inventions of 2023 in the Green Energy category and won Gold in the Energy Storage and Management category at the 2025 Edison Awards.

About Brenmiller Energy Ltd.

Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller’s patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers’ needs. The most experienced thermal battery developer on the market, Brenmiller operates the world’s only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company’s website at https://bren-energy.com/ and follow the company on X and LinkedIn.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements when discussing: the terms of the MoU with ENASCO Ltd. and potential projects and pipeline as a result of the MoU; that the Company together with ENASCO plans to leverage complementary capabilities to explore creating a scalable, high-efficiency hybrid platform that answers the energy market’s need for clean and dispatchable baseload power; that the Company plans to target the AI data center market which will account for almost 12% of total power demand in the U.S. by 2030; that SMR capacity could reach up to 120 GW by 2050 and require more than $670 billion in global investment; that the bGen TES system is uniquely positioned to address core challenges in SMR deployment; and the benefits of bGen when coupled with LMRs . The Company and ENASCO Ltd. may not ultimately reach agreement on definitive agreements and the transactions and projects contemplated by the MoU may not occur. Without limiting the generality of the foregoing, words such as “plan,” “project,” “potential,” “seek,” “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company’s actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company’s results include, but are not limited to: the Company’s planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 4, 2025, which is available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact: investors@bren-energy.com

SOURCE: Brenmiller Energy

View the original press release on ACCESS Newswire

SHELTON, CONNECTICUT / ACCESS Newswire / July 16, 2025 / NanoViricides, Inc., a publicly traded company (NYSE American:NNVC) (the “Company”), and a clinical stage, leading global pioneer in the development of broad-spectrum antivirals based on host-mimetic nanomedicine technology that viruses cannot escape, comments on the extension of the MPox Public Health Emergency of International Concern (PHEIC) by WHO.

The Director General of WHO has extended the PHEIC declaration for MPox epidemic according to a WHO news release dated July 10, 2025, following continuing upsurge of the MPox virus (MPXV) epidemics in the African region^[1].

Sporadic travel related cases of MPXV Clade I have occurred outside Africa, including in the USA, but so far have not resulted in further transmission. The threat of such sustained transmission continues, and is part of the decision to continue the PHEIC status.

“Our development of NV-387 towards Phase II clinical trial for treatment of MPOX is timely for responding to the continuing threat of a global spread of MPox, and for meeting the need for treatment of MPox patients in Africa, in light of the continuing spread of MPox,” said Anil R. Diwan, PhD, President and Executive Chairman of NanoViricides, Inc., adding, “If successful, this NV-387 clinical trial will also open up a multi-billion-dollar global market of preparedness for poxvirus bioterrorism to us.”

At present, there is no drug approved, that is actually safe and effective in humans, for the treatment of the MPox disease, which is caused by MPXV infection. Tecovirimat (SIGA) has failed to show any effectiveness over standard of care in a clinical trial for treatment of MPXV infections. Brincidofovir treatment resulted in drug-induced liver disease in three out of three treated MPox patients resulting in cessation of therapy, and did not show any effectiveness in these patients according to a peer reviewed “retrospective observational study” also called “non-randomized study”^[2], ^[3]. In spite of this, a clinical trial of brincidofovir for treating MPox was initiated under an international coalition led by US CDC and first patient was dosed around January 2025 in this “MOSA” clinical trial^[4]. The topline results from this clinical trial regarding safety and efficacy were anticipated by CY Q2 (i.e. June, 2025). We have not found any press releases announcing any such results.

The orthopoxviruses can escape both small chemical drugs, tecovirimat and brincidofovir, by mutations, according to peer reviewed scientific articles^[5].

The above factors clearly highlight the need for an effective therapeutic for the treatment of MPOX.

In contrast to the small chemical drugs, vaccines, antibodies, that viruses escape readily, NV-387, the novel broad-spectrum antiviral developed by the Company, is designed such that viruses would not escape the drug. This is because NV-387 mimics the cell-side feature called heparan sulfate proteoglycans (HSPG) to which the viruses bind and concentrate next to the cell before they can attack the cell and cause infection. No matter how much a human pathogenic virus mutates, it continues to bind to HSPG. Over 90% of human pathogenic viruses are known to bind to HSPG.

Additionally, NV-387 has been found to be extremely safe and well tolerated in a Phase I human clinical trial. There were no reported adverse events or serious adverse events in this clinical trial. In animal studies, NV-387 was found to be extremely safe, with a No-Observed-Adverse-Event Level (NOAEL) of the drug at 1,200 mg/kg, and the Maximum Tolerated Dose (MTD) at 1,500 mg/kg in intravenous injection in rats. The Phase I clinical trial results for NV-387 were consistent with the safety observations in animal model studies.

NV-387 is orally available and is formulated as oral gummies that are soft solids that do not require swallowing, and are designed to dissolve in the oral cavity itself. This is important because MPox patients may not have the ability to swallow pills or capsules because of viral lesions in the oral cavity.

The Company recently announced that it has completed the development of a clinical trial protocol for the impending Phase II study of NV-387 for the treatment of MPox disease in the African Region. This will be a randomized clinical trial comparing NV-387 treatment with the Standard of Care, to evaluate the dosing regimen for NV-387, the safety and tolerability of the dosing regimen in MPox patients, and effectiveness of NV-387 on the MPXV virus and the MPox disease that it causes.

Of note, both tecovirimat and brincidofovir were approved by the US FDA for smallpox virus, based on the “Animal Rule”, which avoids the use of human efficacy clinical trials that would be unethical to conduct with a smallpox challenge study in humans.

We also note that smallpox is a more severe disease than even the most severe form of MPox disease, and both of these drugs have been found to be inadequate for the treatment of MPox according to currently available datasets (although definitive data from the brincidofovir clinical trial has not been released yet).

These two drugs (tecovirimat and brincidofovir) have been acquired in the US Strategic National Stockpile for bioterrorism preparedness to the tune of around billion dollars. The overall global market for bioterrorism preparedness against smallpox variants is estimated to be several billions of dollars.

The Company anticipates that a successful Phase II clinical trial of NV-387 for the treatment of MPox would open up the US Government SNS market and similar global markets to our drug and benefit the Company’s other programs as well.

MPXV Clade Ib strain is dominant in major parts of Africa and continues to spread, whereas the less virulent MPXV Clade IIb strain is dominant in Sierra Leone, with cases increasing at present. While vaccination has started, overall, the uptake of available vaccines has remained lower than anticipated due to logistical, operational, and financial barriers, according to the report of the International Health Regulations (2005) (IHR) Emergency Committee for MPox of the WHO on June 5, 2025.

MPXV Clade II has become epidemic, within limited population demographics, in the Western world including the USA since a 2022 epidemic it caused, driven by travel-related transfer from Western Africa.

The PHEIC regarding MPox 2024 was first declared on August 14, 2024, and was extended in February 2025. It has been extended again now as the MPXV continues to spread in neighboring countries in Africa threatening further global spread and sustained transmission.

ABOUT NANOVIRICIDES

NanoViricides, Inc. (the “Company”) (www.nanoviricides.com) is a publicly traded (NYSE-American, stock symbol NNVC) clinical stage company that is creating special purpose nanomaterials for antiviral therapy. The Company’s novel nanoviricide™ class of drug candidates and the nanoviricide™ technology are based on intellectual property, technology and proprietary know-how of TheraCour Pharma, Inc. The Company has a Memorandum of Understanding with TheraCour for the development of drugs based on these technologies for all antiviral infections. The MoU does not include cancer and similar diseases that may have viral origin but require different kinds of treatments.

The Company has obtained broad, exclusive, sub-licensable, field licenses to drugs developed in several licensed fields from TheraCour Pharma, Inc. The Company’s business model is based on licensing technology from TheraCour Pharma Inc. for specific application verticals of specific viruses, as established at its foundation in 2005.

Our lead drug candidate is NV-387, a broad-spectrum antiviral drug that we plan to develop as a treatment of RSV, COVID, Long COVID, Influenza, and other respiratory viral infections, as well as MPOX/Smallpox infections. Our other advanced drug candidate is NV-HHV-1 for the treatment of Shingles. The Company cannot project an exact date for filing an IND for any of its drugs because of dependence on a number of external collaborators and consultants. The Company is currently focused on advancing NV-387 into Phase II human clinical trials.

The Company is also developing drugs against a number of viral diseases including oral and genital Herpes, viral diseases of the eye including EKC and herpes keratitis, H1N1 swine flu, H5N1 bird flu, seasonal Influenza, HIV, Hepatitis C, Rabies, Dengue fever, and Ebola virus, among others. NanoViricides’ platform technology and programs are based on the TheraCour® nanomedicine technology of TheraCour, which TheraCour licenses from AllExcel. NanoViricides holds a worldwide exclusive perpetual license to this technology for several drugs with specific targeting mechanisms in perpetuity for the treatment of the following human viral diseases: Human Immunodeficiency Virus (HIV/AIDS), Hepatitis B Virus (HBV), Hepatitis C Virus (HCV), Rabies, Herpes Simplex Virus (HSV-1 and HSV-2), Varicella-Zoster Virus (VZV), Influenza and Asian Bird Flu Virus, Dengue viruses, Japanese Encephalitis virus, West Nile Virus, Ebola/Marburg viruses, and certain Coronaviruses. The Company intends to obtain a license for RSV, Poxviruses, and/or Enteroviruses if the initial research is successful. As is customary, the Company must state the risk factor that the path to typical drug development of any pharmaceutical product is extremely lengthy and requires substantial capital. As with any drug development efforts by any company, there can be no assurance at this time that any of the Company’s pharmaceutical candidates would show sufficient effectiveness and safety for human clinical development. Further, there can be no assurance at this time that successful results against coronavirus in our lab will lead to successful clinical trials or a successful pharmaceutical product.

This press release contains forward-looking statements that reflect the Company’s current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by NanoViricides, Inc. are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company’s expectations include, but are not limited to, those factors that are disclosed under the heading “Risk Factors” and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities. Although it is not possible to predict or identify all such factors, they may include the following: demonstration and proof of principle in preclinical trials that a nanoviricide is safe and effective; successful development of our product candidates; our ability to seek and obtain regulatory approvals, including with respect to the indications we are seeking; the successful commercialization of our product candidates; and market acceptance of our products.

The phrases “safety”, “effectiveness” and equivalent phrases as used in this press release refer to research findings including clinical trials as the customary research usage and do not indicate evaluation of safety or effectiveness by the US FDA.

FDA refers to US Food and Drug Administration. IND application refers to “Investigational New Drug” application. cGMP refers to current Good Manufacturing Practices. CMC refers to “Chemistry, Manufacture, and Controls”. CHMP refers to the Committee for Medicinal Products for Human Use, which is the European Medicines Agency’s (EMA) committee responsible for human medicines. API stands for “Active Pharmaceutical Ingredient”. WHO is the World Health Organization. R&D refers to Research and Development.

Contact:
NanoViricides, Inc.
info@nanoviricides.com

Public Relations Contact:
ir@nanoviricides.com

View the original press release on ACCESS Newswire

IRS tech tools are smarter than ever – Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant.

IRVINE, CA / ACCESS Newswire / July 16, 2025 / With the IRS expanding its data-matching capabilities through advanced systems like the Information Returns Processing (IRP) platform, taxpayers are finding themselves blindsided by CP2000 notices, audits, or unexpected tax bills, sometimes months after filing. According to Clear Start Tax, understanding how the IRS cross-checks income data in 2025 is essential to staying ahead of costly surprises.

“The IRS doesn’t need to guess – they already have your 1099s, W-2s, and even crypto reports before you file,” said the Head of Client Solutions at Clear Start Tax. “Most IRS notices come from mismatches, not criminal intent. But if you ignore them, they can escalate fast.”

How the IRS Sees Your Income – Before You Even File

Contrary to popular belief, the IRS doesn’t wait for an audit to catch mistakes – most income mismatches are flagged automatically. The IRS’s Information Returns Processing (IRP) system aggregates data from countless sources, comparing it against your tax return behind the scenes. This means the IRS often knows about your income, even if you forget to report it.

The IRP system pulls in data from:

• W-2s from employers

• 1099 forms from banks, brokerages, and gig platforms

• SSA and unemployment records

• Cryptocurrency exchange reports (via Form 1099-DA, coming soon)

• Mortgage and insurance statements

• Foreign bank account data (via FATCA agreements)

These records are automatically compared against your tax return. If a mismatch appears, a CP2000 notice – or worse, an audit flag – can be triggered without warning.

CP2000 Notices Are the First Warning Sign

A CP2000 notice is often the first time a taxpayer learns the IRS found a mismatch in their income reporting. It’s not an audit – yet – but it carries serious consequences if ignored. The IRS uses these notices to propose changes to your return, often with added taxes, interest, and potential penalties.

According to Clear Start Tax, the most common triggers for CP2000 notices in 2025 include:

• Missing or incorrect 1099-NEC or 1099-K gig income

• Reporting investment income incorrectly (e.g., selling crypto without basis data)

• Overlooking unemployment or early retirement withdrawals

• Filing with outdated employer information

• Omitting foreign income or failing to disclose foreign accounts

“In 2024, the IRS issued over 11 million CP2000 notices,” added the Head of Client Solutions. “It’s one of their most common enforcement tools – and most people don’t even know what it is until they get one.”

Avoid Surprises by Matching Records Before the IRS Does

Once the IRS has flagged your return, it becomes much harder to negotiate or correct errors. That’s why Clear Start Tax encourages taxpayers to stay one step ahead by verifying all income sources and tax documents before they file. This proactive approach can prevent costly notices and reduce the risk of enforcement actions.

Steps Clear Start Tax recommends include:

• Reconciling all 1099, W-2, and third-party data before filing

• Requesting wage and income transcripts from the IRS

• Amending prior-year returns with missing income

• Responding promptly and professionally to CP2000 or Letter 6173 notices

• Exploring relief options if penalties or balances are already accruing

By answering a few simple questions, taxpayers can find out if they’re eligible for the IRS Fresh Start Program and take the first step toward resolving their tax debt.

Fresh Start Program Offers Relief – Even After a Notice

For those who have already received a CP2000 notice or now owe tax due to underreported income, you still have options. The IRS Fresh Start Program helps taxpayers reduce, settle, or restructure their debt. Clear Start Tax helps clients determine eligibility and guides them through each step of the resolution process.

Depending on a taxpayer’s financial situation, the program may offer:

• Payment plans based on current ability to pay

• Reduction or removal of penalties and interest

• Settlement for less than the full amount owed through an Offer in Compromise

“Even if you’ve made a mistake, there’s a path forward,” said the Head of Client Solutions. “What matters is responding early – and getting the facts straight before the IRS takes further action.”

About Clear Start Tax

Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm’s unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry.

Need Help With Back Taxes?

Click the link below:
https://clearstarttax.com/qualifytoday/
(888) 710-3533

Contact Information

Clear Start Tax
Corporate Communications Department
seo@clearstarttax.com
(949) 535-1627

SOURCE: Clear Start Tax

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BARRIE, ONTARIO / ACCESS Newswire / July 16, 2025 / D.C. United Roofing Inc. has been awarded the prestigious 2025 Consumer Choice Award in the category of Roofing for the Barrie region. This honour recognizes the company’s outstanding commitment to quality, professionalism, and trusted service.

With a reputation built on transparency, reliability, and expert craftsmanship, D.C. United Roofing is a fully insured roofing and exterior company offering tailored solutions for homeowners and business owners alike. Whether you’re looking for shingles, steel roofing, commercial roofing systems, repairs, inspections, insulation, SFT (soffit, fascia and eavestrough), siding, skylights, masonry work or a complete exterior makeover – they’ve got you covered.

Founded with a vision to raise the standard of roofing services in Barrie, D.C. United Roofing has earned a loyal following through word-of-mouth, repeat clients, and contractor referrals. Their client-first approach and hands-on management have made them a top choice for residential and commercial projects of all sizes.

Residential and Commercial Expertise
D.C. United Roofing proudly serves a diverse client base across Barrie and beyond. Their team is equipped to manage both residential roofing needs and the complexities of commercial projects. Whether it’s upgrading shingles on a family home or installing durable flat roofing systems on industrial sites, they bring precision and professionalism to every job.

Commercial clients benefit from tailored roofing solutions designed to meet operational and structural demands. From warehouses and office buildings to retail plazas and multi-unit developments, D.C. United Roofing delivers high-performance materials like TPO, EPDM, and metal roofing systems – all backed by stringent quality control and warranty support.

Commitment to Safety and Sustainability
The company adheres to rigorous safety protocols and stays up to date with all WSIB and OHSA requirements. Their trained crews operate with precision and care, ensuring every job site-whether residential or commercial-is safe and well-managed. D.C. United Roofing also takes steps to minimize its environmental impact by sourcing sustainable materials where possible and responsibly disposing of debris and old materials.

Celebrating the Win
“We’re honoured to receive the Consumer Choice Award,” said the team at D.C. United Roofing Inc. “This recognition reflects the trust and loyalty of our clients, both homeowners and business owners, and we remain committed to delivering top-quality service and dependable results.”

Rooted in Community, Driven by Trust
D.C. United Roofing isn’t just a roofing company-they’re a long-standing part of the Barrie community. Whether supporting local initiatives, working with fellow contractors, or helping first-time homeowners navigate roof repairs, they approach every interaction with respect and professionalism. It’s this deep-rooted commitment to community that has helped them grow year after year.

Committed to Excellence in Every Project
With years of experience and a growing client base, D.C. United Roofing continues to raise the bar in the roofing and exterior industry. From single-family homes to commercial facilities, their expert team brings professionalism, attention to detail, and peace of mind to every project. As they look to the future, they remain focused on delivering results that stand the test of time-and roofs that stand up to the toughest Canadian weather.

For more information about D.C. United Roofing’s services, to schedule a free inspection, or to request a detailed quote, CLICK HERE or visit www.unitedroofingbarrie.com.

About Consumer Choice Award:
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information:
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

TORONTO, ON / ACCESS Newswire / July 16, 2025 / KVM Limousine Services has been recognized with the 2025 Consumer Choice Award in the Limousine Services category for Toronto Central. This recognition reflects the company’s long-standing reputation for excellence in luxury and corporate transportation throughout the Greater Toronto Area.

With more than a decade of experience and over 100 five-star Google reviews, KVM Limousine Services has become a trusted name in the industry. Known for its commitment to safety, professionalism, and client satisfaction, the company offers a premium transportation experience that is both personalized and dependable.

“Being recognized with the Consumer Choice Award is a proud moment for our entire team,” said the KVM Limousine Services team. “We’ve built our reputation on consistency, attention to detail, and going beyond transportation-this award affirms the trust our clients place in us.”

Premium Fleet. Personalized Service.
KVM Limousine Services provides a diverse range of luxury vehicles tailored to different travel needs. Their fleet includes high-end sedans, stretch limousines, SUVs, and party buses-each maintained to deliver the highest levels of comfort, safety, and style.

Fleet highlights include:

Lincoln MKT Stretch

Lincoln Town Car

Cadillac Escalade

BMW X6M

Lexus RX

Chevrolet Suburban

Whether it’s a wedding, prom, bachelor party, wine tour, or airport transfer, KVM’s professional chauffeurs ensure every client is treated with courtesy and care from start to finish.

Transportation for Every Occasion
KVM Limousine Services specializes in a full range of event-based and corporate services across the GTA. Their offerings include:

Wedding limousine service

Prom and graduation transportation

Party bus rentals for nights out or group events

Airport limousine and executive transfers

Corporate travel and VIP coordination

Sightseeing and Niagara wine tours

With a deep understanding of the region and a commitment to customized service, KVM consistently delivers stress-free, luxurious travel experiences for both personal and professional needs.

Driven by Excellence and Innovation
KVM Limousine Services has built its success on a clear vision: to redefine luxury transportation through innovation, reliability, and attention to every detail. The team continuously enhances its service model by expanding its fleet, refining scheduling technology, and maintaining transparent, competitive pricing.

The company’s growth is rooted in its customer-first philosophy and dedication to creating memorable, safe, and seamless journeys for every client. Their commitment to professionalism and hospitality has earned them repeat clients and referrals across all service regions, including Toronto, Peel, Halton, York, Durham, and Simcoe County.

“Our mission is to make every occasion feel special,” the team added. “From once-in-a-lifetime events to everyday travel, we’re proud to set a standard our clients can rely on.”

To learn more about KVM Limousine Services or to request a quote, CLICK HERE or visit www.kvmlimo.com.

About Consumer Choice Award
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information:
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

TORONTO, ON / ACCESS Newswire / July 16, 2025 / Zoroast The Fireplace Store, a trusted family-owned retailer known for crafting cozy, stylish, and energy-efficient fireplace solutions, has won the 2025 Consumer Choice Award in the Fireplace Sales and Services category for York Region. This award celebrates the company’s 25+ years of dedication to offering quality products, custom designs, and professional service that have earned the trust of homeowners across York Region and the surrounding GTA.

From humble beginnings to operating one of the largest fireplace showrooms in Ontario – a stunning 60,000-square-foot space – Zoroast The Fireplace Store has remained committed to helping families create inviting living spaces that combine warmth, efficiency, and modern style.

Expertise That Warms Every Home
Specializing in gas, electric, and wood-burning fireplaces, Zoroast provides homeowners with a wide selection of top-quality brands and innovative models to fit any budget and aesthetic. The company’s fireplace experts work closely with each client to design a solution that suits the unique style and layout of their home, ensuring both functionality and a stunning focal point.

“Winning the Consumer Choice Award in York Region means so much to our family and our team,” said the Zoroast The Fireplace Store team. “It shows that our commitment to quality, safety, and beautiful design is recognized and appreciated by the community we love to serve.”

A Showroom Like No Other
At Zoroast’s expansive showroom, visitors can experience live-burning displays, compare styles side by side, and consult with knowledgeable staff about the best options for their homes. Whether building new, renovating, or upgrading an existing fireplace, customers benefit from expert advice every step of the way – from initial inspiration to final installation.

Each project is backed by the expertise of certified technicians who ensure safe, precise installation and reliable performance for years to come.

Custom Solutions for Comfort and Style
What sets Zoroast The Fireplace Store apart is its ability to create tailored solutions that blend seamlessly into any room. From sleek, contemporary electric units to timeless wood fireplaces and high-efficiency gas inserts, every option is selected with care and customized to suit the homeowner’s needs and preferences.

Clients appreciate the store’s transparent approach to budgeting and scheduling, as well as the personal attention that only a family-run business can provide.

Dedicated Service Beyond Installation
Zoroast’s commitment doesn’t end once the fireplace is lit. The company offers ongoing maintenance and support to ensure that each unit operates safely and efficiently throughout its lifespan. Their knowledgeable staff is always ready to answer questions and provide seasonal check-ups, giving customers peace of mind year after year.

Serving York Region with Pride
For over 25 years, Zoroast The Fireplace Store has proudly served York Region and neighbouring communities, helping countless families add warmth and elegance to their homes. The company attributes its continued success to a loyal customer base, strong word-of-mouth referrals, and a deep-rooted belief that quality and service go hand in hand.

Looking Ahead
With this Consumer Choice Award win, Zoroast plans to expand its range of eco-friendly and smart-home-compatible fireplace options, invest in advanced training for its installation crews, and further enhance its showroom experience to inspire even more homeowners.

Above all, the mission remains the same: to help families gather, connect, and relax around a fireplace they love – with confidence in the safety, performance, and beauty that Zoroast guarantees.

Discover what makes Zoroast The Fireplace Store a trusted name in York Region. To explore their collection, get personalized advice, or schedule a consultation, CLICK HERE or visit www.thefireplacestore.ca.

About Consumer Choice Award:
Consumer Choice Award has been recognizing and promoting business excellence in North America since 1987. Its rigorous selection process ensures that only the most outstanding service providers in each category earn this prestigious recognition. Visit www.ccaward.com to learn more.

Contact Information:
Sumi Saleh
Communications Manager
ssaleh@ccaward.com

SOURCE: Consumer Choice Award

View the original press release on ACCESS Newswire

When Obsessive Hospitality Meets Workplace Wellbeing, People Thrive

SAN FRANCISCO, CA / ACCESS Newswire / July 16, 2025 / In a defining moment for the future of work, HUNGRY, the chef-driven food and catering platform known for delivering happiness through obsessive hospitality, has officially acquired Garten, the workplace wellness pioneer that helped redefine how leading organizations, from high-growth startups to Fortune 100s, nourish and support their people. This union marks a powerful new chapter where wellbeing and hospitality intersect, providing employers with a comprehensive, scalable solution to nourish their teams physically, emotionally, and culturally.

“This is more than an acquisition,” says Jeff Grass, Co-founder and CEO of HUNGRY. “It’s a shared mission coming full circle. Both companies believe that food and care go hand-in-glove and that how you nourish your people says everything about who you are as an organization.”

From Root to Reach: The Journey of Garten

Founded on the belief that wellbeing isn’t a perk, it’s a performance driver, Garten quickly grew into a leading workplace wellness infrastructure partner and experienced hyper-growth, landing it on Y-Combinator’s Top 100 class SC16 2018-2020. Through curated snack programs, behavioral design, and a proprietary analytics platform, Garten helped companies weave wellness into the rhythm of everyday work.

What began as a premium pantry service evolved into something deeper: a system for shaping workplace culture through nutrition science, sustainability, and an understanding of how environment and daily habits drive human behavior. With its real-time Analytics Dashboard, HR and people teams gained powerful insights, not just into what employees were eating, but into how those choices reflected broader engagement and health goals.

“We never wanted to just feed people,” says Gary Batara, CMO at Garten. “We wanted them to feel seen, supported, and energized by the spaces they work in. Wellbeing isn’t a moment, it’s a movement. It’s a lifestyle.”

By 2024, Garten had reached a critical inflection point. Demand was surging, the impact was measurable, and the model had outgrown its original infrastructure. With recent national recognition (including the 2025 Workplace Wellness Award) and a growing client base seeking scale, it became clear that the next chapter would require a partner with greater reach, deeper resources, and the same human-first DNA.

That partner was HUNGRY.

Why HUNGRY Was the Right Partner

HUNGRY, founded in 2017 and now operating in over two-dozen markets, has built a reputation for transforming workplace dining into memorable experiences. With a curated network of top chefs and local restaurant partners, HUNGRY delivers fresh, high-quality food with flawless execution, eliminating the friction of traditional catering.

Underpinning all of it is a bold, clear promise: We are obsessed with hospitality.

That same promise, to connect people through care, food, and hospitality, is what drew the two companies together. Both believe that feeding people is an act of service, and that experience matters as much as nutrition.

“Garten built something remarkable. But to reach more people, more markets, and deliver on the promise of total workplace wellbeing, scale matters,” says Batara. “HUNGRY gives us that. Together, we can go from changing offices to changing entire work cultures.”

What Clients Can Expect From the HUNGRY + Garten Experience

At the heart of the transition is HUNGRY’s commitment to obsessive hospitality, a mindset that goes beyond simply delivering meals. It means anticipating needs before they’re spoken, customizing experiences to match company culture, and treating every touchpoint as an opportunity to show care. With Garten’s data-driven wellness model and HUNGRY’s hospitality DNA, clients can expect a service that is not only seamless but deeply human.

Clients will continue to receive all the wellness benefits Garten delivered, now with the scale, flexibility, and service precision HUNGRY is known for. Snack and pantry programs will be seamlessly integrated into their national platform, with no disruption to service.

The combined offering includes:

• Chef-curated meal delivery & catering

• Healthy snacks & pantry services

• Micro-market & self-serve kitchen design

• Wellness programming, nutrition analytics, and events

• National scale with local flexibility

Garten’s proprietary data tools will live on as part of HUNGRY’s workplace solutions suite, empowering clients with even deeper insights into how food impacts mood, energy, and engagement.

From a team perspective, the move brings together experts from both companies under one purpose: obsessive hospitality. The message is clear: this isn’t the end of something. It’s a bold continuation under one name.

With this transition, the Garten brand will be sunset, and its offerings will now live under Hungry.

Where Hospitality Becomes Strategy

In today’s workplace, food is no longer just fuel; it’s a signal. And caring for people means more than passing perks, it means embedding wellbeing at the core of your culture. According to Gallup, “When organizations intentionally address both well-being and engagement, the effects are additive and mutually beneficial for employees and business outcomes alike.”

That principle lies at the heart of this acquisition. By combining HUNGRY’s obsessive hospitality with Garten’s wellness infrastructure, the move cements wellbeing not as an afterthought, but as a strategic advantage, one that fuels retention, energy, and performance across teams.

This move reflects a growing shift in the workplace: where hospitality becomes strategy, and where the small daily moments, a better snack, a thoughtful note, and a personalized menu. Add up to something bigger.

“We’re here to shape those moments,” says Grass. “And now, we can do it with more heart, more science, and more scale than ever before.”

About HUNGRY

HUNGRY (www.TryHungry.com) is revolutionizing workplace dining with an unwavering commitment to obsessive hospitality and flawless execution. Founded in 2016 by entrepreneurs Eman Pahlavani and Jeff Grass, HUNGRY connects corporate offices in 19 cities across the United States and Canada with top-tier chefs and local restaurants to deliver extraordinary culinary experiences. From large-format catering and memorable events to individually packaged group meals, snacks, and pantry solutions, HUNGRY ensures every detail is thoughtfully handled to prioritize quality and convenience. Rooted in a mission of social responsibility, HUNGRY fosters local economic growth while embracing eco-friendly practices. The company goes even further, donating one meal for every two purchased, making a tangible impact on communities nationwide , as it has already donated over 2.5 million meals to date.

About Garten

Garten Wellbeing (www.garten.co), PBC, formerly known as Oh My Green, was founded in 2014 to help organizations prioritize workplace wellness as a strategic advantage. Headquartered in the San Francisco Bay Area, Garten partnered with companies ranging from fast-growing startups to Fortune 500 Companies, delivering healthy snacks, meals, beverages, and wellness experiences through micro-kitchens, micro-markets, curated catering, Snack-from-Home boxes, and virtual programs.

Recognized as a leader in wellness infrastructure, Garten helped reshape how companies approach employee care, blending nutrition, behavioral science, and data to create healthier, more engaged teams.

Garten is now proudly part of HUNGRY.

Media Contact:
Veronica Welch
VEW Media
ronnie@vewpr.com
508-643-8000

SOURCE: Hungry

View the original press release on ACCESS Newswire

ORLANDO, FL / ACCESS Newswire / July 15, 2025 / (NYSE American:UMAC) — Unusual Machines, Inc. (the “Company” or “Unusual Machines”), a United States based manufacturer and distributor of drone parts, today announced the closing of its previously announced registered direct offering of 5,000,000 shares of its common stock at a purchase price of $9.70 per share (the “Offering”) resulting in gross proceeds of $48.5 million, before deducting placement agent fees and other offering expenses.

The Company intends to use the net proceeds of this Offering to purchase drone motor manufacturing equipment, and for working capital and general corporate purposes.

Dominari Securities LLC served as the exclusive placement agent for the Offering.

The Offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333 286413), which was filed with the Securities and Exchange Commission (the “SEC”) on April 7, 2025 and declared effective on April 21, 2025. The prospectus supplement and the accompanying prospectus describing the terms of the Offering may be obtained by visiting the SEC’s website at www.sec.gov. Additionally, electronic copies of the prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Dominari Securities LLC Attention: Syndicate Department, 725 5^th Avenue, 23^rd Floor, New York, NY 10022, by email at info@dominarisecurities.com, or by telephone at (212)393-4500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Unusual Machines, Inc.

The Company manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view (“FPV”) ultra-low latency video goggles for drone pilots. Several of the Company’ products have been approved for and listed on the Defense Innovation Unit’s Blue Framework list. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, The Company seeks to be a dominant component supplier to the fast-growing multi-billion-dollar US drone industry and the global defense business. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032.

For more information visit Unusual Machines at https://www.unusualmachines.com/. Information on the Company’s website does not constitute a part of and is not incorporated by reference into this press release.

Investor Relations Contact:

CS Investor Relations
investors@unusualmachines.com

SOURCE: Unusual Machines

View the original press release on ACCESS Newswire