Latest Advances in Blue Lasers, Weight Loss Treatment, Clean Energy and Digital Transformation of $31 Billion Watch Market
NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO's of: WeightWatchers (NASDAQ:WW), FuelCell Energy (NASDAQ:FCEL), NUBURU (NYSE:BURU) and New World Solutions (OTC:REGRF)(CSE:NEWS). Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:
New World Solutions (OTC: REGRF) (CSE: NEWS) Chairman Jack Marks: "...Pure Play on $31 Billion Luxury Watch Market"
New World Solutions (OTC: REGRF) (CSE: NEWS), majority-owned dialMKT is addressing the digital transformation of the multi-billion dollar global wristwatch enthusiast market by developing a digital ecosystem integrating content, e-commerce, and community.dialMKT's e-commerce platform is expected to go live within 30 days. The global pre-owned watch market for luxury brands such as Rolex(?), and Patek Philippe(?), is expected to reach $29-32 billion by 2025, according to a recent report from McKinsey & Co.
dialMKT CEO and New World Chairman Jack Marks commented "dialMKT already has a fast-growing online community of almost +18,000 users across its website and social media channels, including, YouTube, Instagram, and a growing e-mail newsletter. From our interactions with our community, we know many of these enthusiasts have watch collections worth $50,000 to well over $1 million+. Our business model anticipates that a significant number of our community members will turn into customers on our e-commerce platform to buy, sell and trade their collections - a pipeline for potentially significant revenues in the months ahead".
Marks, further noted that (OTC: REGRF) (CSE: NEWS) is "the first and only "pure play" stock focused on the multibillion dollar watch enthusiast market." Validating the investment thesis of the digital transformation of the watch market, venture capital is flowing into online watch market platforms such as Chrono24, and attracting investors such as Bill Ackman, Jay Z, Tom Brady, Mike Ovitz, Bernard Arnault, Google Ventures and others.
WeightWatchers (NASDAQ: WW) CEO Tara Comonte:"Proven Science and Personalized Support for Weight Loss"
WeightWatchers (NASDAQ: WW) announced adding compounded semaglutide into its offering, broadening eligible members' access to clinical weight management interventions. (NASDAQ: WW) CEO Tara Comonte commented: "At WeightWatchers, we have always combined proven science and personalized support to help our members achieve meaningful, lasting results. With the addition of compounded semaglutide, we are expanding our offering to include a clinical weight management solution that is both accessible and affordable. This launch is the culmination of extensive research and rigorous work by our team to ensure that we are offering the highest quality care - reaffirming the trust we've built over six decades as the leader in weight management."
Shortages of GLP-1 medications have plagued the market for more than two years, with patients often unable to find name-brand medications in stock at their local pharmacies. Over the past year, WeightWatchers has called local pharmacies across the country on behalf of members to conduct almost 3 million stock checks for GLP-1 medications and found them in stock just 4.5% of the time. These shortages can result in delays or interruptions of treatment, which negatively impact health outcomes for patients. "Given the ongoing shortages of branded medications such as Ozempic and Wegovy, WeightWatchers is committed to ensuring our members still have access to effective alternatives and the support they need to achieve the health outcomes they deserve" added Comonte.
NUBURU (NYSE: BURU) CEO Brian Knaley: "Transformative Potential of Blue Lasers"
NUBURU, Inc. (NYSE: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, announced a partnership with the Center for Design and Manufacturing Excellence at Ohio State University in Columbus, Ohio. The Company has received a purchase order for its advanced BlueScan solution, which includes a BL-250 laser, scanner, and optics. This cutting-edge technology will be installed within a powder bed fusion system at CDME's state-of-the-art development lab.
(NYSE: BURU) CEO Brian Knaley, commented: "CDME recognizes the transformative potential of blue lasers to significantly enhance productivity and quality in powder bed fusion applications. We are honored that CDME, a renowned center of excellence in additive processing, has chosen to integrate our BL products into their technology portfolio. This partnership comes at a time when the global additive manufacturing market size is poised to cross USD $21.58 billion in 2024 and is likely to attain a valuation of USD $110.13 billion by 2033 driven by advancements in 3D printing technologies, innovative AM materials, government initiatives, and R&D projects."
FuelCell Energy (NASDAQ: FCEL) CEO Jason Few: "Providing Advanced, Sustainable Energy Solutions and Leveraging Nuclear Power"
FuelCell Energy, Inc., (NASDAQ: FCEL), a global leader in sustainable energy technologies for the delivery of energy and emissions management, announced that a $5.9 million CAD grant from Natural Resources Canada's Clean Fuels Fund (CFF) will finance two projects utilizing its electrolyzer technology to produce synthetic fuel (power-to-liquid (PtL)) or "eFuel."
FuelCell CEO Jason Few stated: "These projects align perfectly with our mission to provide advanced, sustainable energy solutions to the world and will demonstrate the differentiated capabilities of our solid oxide platform to leverage nuclear power at 100% electrical efficiency, and the practicality and scalability of our technology." These projects are being carried out with Canadian Nuclear Laboratories (CNL), Expander Energy Inc., Nuclear Promise X, and St. Marys Cement and focused on producing low-carbon-intensity synthetic diesel fuels using zero-carbon hydrogen that will be produced by leveraging nuclear power, and FuelCell Energy's Solid Oxide electrolysis platform.
Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO's of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Issuer sponsored content in this article includes: New World Solutions. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5
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