US Market News
15時間前
CitroTech Attracts Wildfire Defense Partnerships Across North America's Most Fire-Prone RegionsJuly 2, 2026 8:30 AM
Business Wire The company has grown its certified partner network to more than a dozen organizations, extending access to proactive wildfire protection in high-risk communities CitroTech (NYSE AM: CITR), a specialty chemical company developing environmentally safe fire inhibitor solutions, today announced the expansion of its certified partner network from two to 13 organizations. The rapid growth of this network over recent months is increasing access to proactive wildfire protection across several of North America's most fire-prone regions. Building on recent market traction in Colorado and an established presence in some of California’s most populated metropolitan areas — including Los Angeles, San Diego, and Sacramento — CitroTech has expanded into Florida, Montana, and Washington as part of its targeted growth strategy. Outside of the U.S. market, CitroTech operates in Alberta, Canada, where the wildfire risk is significant due to dry forests, prolonged drought, hot summers, and lightning strikes. “Effective prevention shouldn’t come at the expense of the environment,” said Kevin Schaff, Global Head of Business Development and Partnerships at CitroTech. “With our nontoxic, phosphate-free fire inhibitor, we’re helping communities get ahead of risk in a safer, more responsible way. And by starting in the highest-risk areas, we’re building a model for how wildfire prevention and asset protection can be done better.” As wildfire risk continues to intensify, communities are increasingly investing in preventive mitigation strategies designed to protect homes, businesses, and critical infrastructure before fires occur. According to the National Interagency Fire Center, there were over 35,000 wildfire incidents in 2024, burning nearly 7.8 million acres across the United States. Western and Southeastern states, including California, Texas, Oregon, Arizona, Montana, Florida, and Washington, are among the regions facing the greatest wildfire risk. Additionally, there are more than 40 million homes located within the Wildland-Urban Interface (WUI), which refers to areas where residential and commercial development overlaps with fire-prone landscapes. Over 1.2 million homes in California alone are at elevated wildfire risk due to their location within designated WUI zones. Unlike traditional wildfire response strategies that focus on suppression after ignition, CitroTech's approach centers on prevention and proactive asset protection. Through its certified partner network, companies, organizations, and trained professionals are able to deploy the first and only EPA Safer Choice-recognized fire inhibitor. The solution is designed to reduce wildfire risk before fires start, delivering long-lasting protection that extends the effectiveness of wildfire mitigation efforts beyond the capabilities of traditional water-based approaches. To support its expansion, CitroTech is training and certifying wildfire mitigation professionals through a structured partner program that includes product training, certification, continuing education, and ongoing technical support. The program ensures consistent deployment across markets, with partners trained to operate within state-specific regulations and apply solutions in a way that avoids typical water-use and environmental limitations. California remains CitroTech's largest market, while Colorado has emerged as another rapidly growing region as investment in proactive wildfire mitigation grows among homeowners, businesses, and municipal stakeholders. Looking ahead, CitroTech plans to continue expanding into the nation's most wildfire-prone states, including Oregon, Texas, Arizona, and New Mexico. The company aims to establish a presence in the top ten high-risk wildfire markets and more than double its certified partner network by the end of 2026. About CitroTech Inc. CitroTech Inc. (NYSE AM: CITR) is manufacturing and deploying the CitroTech family of innovative, environmentally safe fire prevention solutions for homes, wood products, and wildfire prevention and asset protection. CitroTech is the only long-term fire inhibitor recognized by the EPA Safer Choice program and tested to UL Greenguard Gold standards, providing effective and scientifically validated wildfire mitigation while safeguarding human and environmental health. The company’s growing patent portfolio, recurring-revenue model, and scalable approach support its long-term growth and market expansion. For more information, visit www.citrotech.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260702572394/en/ Media Contact:
CitroTech Inc.
Isabella Sarlo
Antenna Group
US Market News
2月前
CitroTech Provides Business UpdateMay 15, 2026 8:30 AM
Business Wire Highlights Operational Readiness and Growing Engagement from Customers and Partners Hexion Joint Venture Enhances Commercial Pathway and Expands Industry Reach Management to Host Conference Call at 9 a.m. ET Today CitroTech Inc. (NYSE AM: CITR), a leading specialty chemical company delivering environmentally-safe fire inhibitor solutions, today announced financial results for the first quarter ended March 31, 2026 and provided a business update highlighting continued progress toward broad commercialization. “CitroTech has reached a meaningful inflection point having transitioned from technology validation to the early stages of commercial deployment,” said Wes Bolsen, Chief Executive Officer of CitroTech. “Over the past several quarters, we have focused on building the operational, manufacturing and commercial foundation required to support execution. While we remain early in our revenue ramp, we are encouraged by the increasing engagement from utilities, fire agencies, engineered wood producers and building materials companies. “The joint venture we formed with Hexion in April represents a step-change in our commercial strategy and go-to-market capabilities. The partnership combines Hexion’s deep industry footprint and technical expertise with CitroTech’s fire-retardant technology platform, creating a more scalable pathway to market. It is designed to accelerate adoption across the wood products industry, streamline integration with manufacturers, and expand our ability to deliver Class A fire-rated solutions at commercial scale. “Looking ahead, our focus is execution, scaling commercial partnerships, expanding manufacturing readiness and accelerating deployment across both public and private sector channels. As wildfire risk intensifies and regulatory and insurance-driven pressures continue to reshape building standards and materials selection, we believe demand for our solutions, which is already robust, will continue to intensify. Early customer engagement and emerging partnerships reinforce our optimism and strengthen confidence in our commercial trajectory as we progress through 2026 and beyond.” Recent Business Highlights Launched a strategic joint venture in conjunction with Hexion Inc., a leading global producer of adhesives and performance materials and an American Securities portfolio company, to accelerate commercialization of next-generation fire-retardant treated wood technologies across the lumber and manufactured wood products industry Initiated and expanded commercial sales with lumber and building materials producers to manufacture Class A fire-rated lumber and building materials Formed a strategic partnership with All Terrain Fire Support Inc., a leading wildfire mitigation, emergency response, and infrastructure protection firm to help federal, state, and military agencies prevent wildfires and safeguard assets using the only EPA Safer Choice recognized fire retardant The Company has filed its Form 10-Q for the quarter ended March 31, 2026 with the U.S. Securities and Exchange Commission today, May 15, 2026. Conference Call Management will host a conference call at 9 a.m. Eastern Time today to discuss CitroTech’s 2026 first quarter financial results with the investment community. Anyone interested in participating should call 1-877-407-3982 if calling within the United States or 1-201-493-6780 if calling internationally. When asked, please reference confirmation code 13760448. A replay will be available until Friday, May 29, 2026, which can be accessed by dialing 1-844-512-2921 if calling within the United States or 1-412-317-6671 if calling internationally. Please use passcode 13760448 to access the replay. The call will also be accompanied live by webcast over the Internet and accessible at https://viavid.webcasts.com/starthere.jsp?ei=1762067&tp_key=c913f46bf3. About CitroTech Inc. CitroTech Inc. (NYSE AM: CITR) is manufacturing and deploying the CitroTech family of innovative, environmentally safe fire prevention solutions for homes, wood products, and wildfire prevention and asset protection. CitroTech is the only long-term fire inhibitor recognized by the EPA Safer Choice program and tested to UL Greenguard Gold standards, providing effective and scientifically validated wildfire mitigation while safeguarding human and environmental health. The company’s growing patent portfolio, recurring-revenue model, and scalable approach support its long-term growth and market expansion. For more information, visit www.citrotech.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260515065150/en/ Media & Investor Contact:
CitroTech Inc.
Isabella Sarlo
Antenna Group
ITYS
11月前
Well company has filed another S1/A, so the information is all there, NOW , how do they uplist after a R/S ? Company itself doesnt meet nearly enough of the NYSE criteria, so maybe a reverse merger coming?
My BTCH with this company steams from the so called "inventor" here as Steve Conboy hasn't invented anything, he has copied/stole IPs from others...FACT. He is a master at manipulation and master at marketing. The fellas that gave him big money for his "knockoff product" now hold this bag...Steve has done it yet again. have to give the guy credit, he is a natural conman.
So as for GEVI, itself, they base everything off their patents and EPA Safer label crap, SOON, be all about sales instead of smoke.
As for Steal, he hasn't ever backed up anything, he obviously gets fed some inside info and makes it sound like he is ahead of curve.
Good to see a couple new posters here, been Steal and I for a decade LOL