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AFC Energy takes “short term, semi-opportunistic” step into hydrogen logistics

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AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEO Adam Bond speaks to Thomas Warner from Proactive after the hydrogen fuel cell technology provider announced the acquisition of hydrogen storage and distribution assets that were owned by Octopus Hydrogen.

Bond explains that the deal is unique and novel move in the UK market, presenting an end-to-end solution covering hydrogen production, distribution, and fuel cell generators. Despite enduring reservations about entering the capital-intensive hydrogen logistics industry in a major way, Bond justifies the acquisition as a short-term move that allows the company to capitalise on a great opportunity.

The purchase, agreed at what he calls "a semi-opportunistic basis", supports AFC's ongoing work in displacing diesel generators and thereby contributing to the country's decarbonisation efforts. Bond envisions potential collaboration with emerging third-party logistics providers, foreseeing a symbiotic relationship in the evolving hydrogen sector. The news follows the announcement last week of the launch of a 50:50 joint venture with Speedy Hire PLC (LSE:SDY), Speedy Hydrogen Solutions (SHS).

The collaboration, announced in July and now formalised under the SHS banner, aims to revolutionise the temporary power industry by transitioning from diesel to sustainable hydrogen generators.

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Proactive UK Ltd

+44 20 7989 0813

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/afc-energy-takes-short-term-semi-opportunistic-step-into-hydrogen-logistics-439307215

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Borealis Teams Up With Sams Club, Feeding America To Fight Hunger, Food Insecurity In America

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By Meg Flippin, Benzinga

Food insecurity is a big problem in America, with 44 million people, including one in five children, facing food insecurity. In 2022, 49 million people, or one in six in the U.S. relied on food banks, food pantries and local charities to put meals on the table. Hunger affects all ages in America, from children to seniors, with millions more people one job loss, missed paycheck or medical emergency away from also facing food insecurity.

To combat this problem, Feeding America and Sams Club (a division of Walmart) are teaming up for the 11th year in a row for the Fight Hunger. Spark Change campaign. The campaign aims to raise money to fight food insecurity.

New to the partnership this year is Borealis Foods Inc. (NASDAQ: BRLS), the newly public food tech company dedicated to crafting premium-quality, nutritious food solutions accessible to all. Through its Saluda, SC-based subsidiary, Palmetto Gourmet Foods, the companys Chef WooTM High Protein Ramen is available as of Apr. 1 for sale for the first time to 69 million members in the nearly 600 Sam's Club stores around the country.

The Fight Hunger. Spark Change. campaign has raised more than $186 million over the past decade and has secured close to 1.9 billion meals for the Feeding America network of local food banks. Donations made during the campaign remain local, with purchases made in-store and online tied to the zip codes serving that area and going to a local Feeding America partner food bank.

First High-Protein Noodle On The Market

Borealis Foods says Chef Woo ramen is the first high and complete protein noodle, with 20g of plant-based complete protein, the equivalent of three eggs. The Chef Woo ramen uses a blend of plant-based protein, high-oleic sunflower oil, wheat flour and a variety of other legumes and grains to provide a high-protein option containing all nine essential amino acids. The ramen is fully plant-based with no animal byproducts, minimizing the companys impact on the planet. Each package also contains 15% of an individuals daily recommended iron intake.

We took one of the worlds quickest and most beloved meals and recreated it using simple, nutritious ingredients, like peas, instead of harmful chemicals and preservatives. Each cup of Chef Woo is jam-packed with complete protein, amino acids and essential nutrients, the company said. Further, all of its products are certified vegan by the American Vegetarian Association.

Making An Impact One Ramen At A Time

Borealis said that for each specially-marked Chef Woo high protein ramen sold at Sam's Club from Apr. 1 to Apr. 29, Borealis will donate the monetary equivalent of at least five meals to Feeding America. Currently, $1 helps provide at least 10 meals secured by Feeding America on behalf of local partner food banks. The partnership with Feeding America and Sams Club underscores the company's commitment and focus on fighting food insecurity and helping people across the U.S. Given the amount of protein in Chef Woo, the company hopes it can make a real impact in the fight against food insecurity and malnutrition.

As a result of our partnership, we have increased our production capacity to meet the increased orders. We are honored to stand alongside Sams Club and Feeding America in the vital mission to alleviate hunger in our communities," said Reza Soltanzadeh, CEO of Borealis. At Borealis, we believe that access to nourishing food is a fundamental human right, and this initiative exemplifies our dedication to creating positive change."

For more on Borealis mission to fight hunger and malnutrition, see this recent podcast interview with Soltanzadeh on the Apple platform.

Other well-known brands participating in the campaign include Kraft Heinz Company (NASDAQ: KHC), Kelloggs (NYSE: KLG) and Hellmanns.

Featured photo by dragana991 at iStock.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

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View source version on newsdirect.com: https://newsdirect.com/news/borealis-teams-up-with-sams-club-feeding-america-to-fight-hunger-food-insecurity-in-america-383310197

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Press Release

Free Tesla? One Lucky Winner From This ICO Won’t Need Bitcoin Anymore

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By Simon Frasier, Benzinga

The crypto world is buzzing with excitement as Octoblock gears up for its Initial Coin Offering (ICO) coming up soon. What we have here is not just a regular ICO; it is a captivating ICO that has investors and crypto fans thrilled, keeping them on the edge of their seats with anticipation. However, Octoblock isn't only about investing in a potential DeFi project; it's also a great chance to win outstanding awards, like a Tesla Model 3 and $50,000 in USDT.

Octoblock Free Tesla Giveaway

Unlike most ICOs, Octoblock's mission is to create a more sustainable cryptocurrency ecosystem. The project is working with The Tentacle Trust to raise awareness of the importance of EVs (electric vehicles) in decreasing carbon emissions and promoting sustainability. Octoblock is not only the first crypto platform that rewards EV owners but also a movement towards a cleaner future.

The star of the show in Octoblock's giveaway is undoubtedly the 2024 Tesla Model 3. This advanced electric car is a symbol of innovation, luxury, and an eco-friendly movement in the transport sector. The lucky winner will not only receive a substantial financial reward but will also see this as a landmark in the promotion of green technologies.

Cash Rewards: $50,000 worth of USDT

Along with a Tesla Model 3, there is a possibility to win a significant reward in USDT, amounting to $50,000. The fact that this very attractive prize is awarded to the most active investor during the ICO makes it even more appealing, and it is not only investors who seek financial returns who are interested in the project but also those who want to be part of an initiative that values environmental consciousness.

Engaging in Octoblock's contest is easy but full of excitement. Every OCTO token that is bought during the ICO participants will get entries to the giveaway. The more tokens you have, the higher your chance of winning such awesome prizes. It's a win-win situation where investors invest in a project that is open to the future and can get a potentially life-changing reward.

At The End

Octoblock's Tesla Giveaway embodies more than just the opportunity to win prizes; it is an integrated vision of the future which incorporates innovation, sustainability, and community engagement. Investors are anxiously awaiting the official announcement, which speaks about the fact that Octoblock is working hard to create a greener and more inclusive crypto ecosystem. With the integration of the latest cross-chain routing protocols, Octoblock pushes the limits of blockchain interoperability. This integration simplifies asset management, as the bridges become obsolete, so do the costly gas fees and the reliance on centralized exchanges. Embrace the benefits of Octoblock's Coral Cove DEX, which will result in streamlined and successful blockchain transactions.

Join the presale here:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/

Discover the Premier DeFi Protocol with Integrated cFyF Technology on Binance Smart Chain – Enhance Your Yield Farming Returns Now!

This post was authored by an external contributor and does not represent Benzingas opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.

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Beran Novotny

[email protected]

Company Website

https://octoblock.io/

View source version on newsdirect.com: https://newsdirect.com/news/free-tesla-one-lucky-winner-from-this-ico-wont-need-bitcoin-anymore-892751451

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Diamond Lake Minerals (OTC: DLMI) And BOXABL Team Up To Bring Affordable Housing To The Masses And Digital Tokens To Investors

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By Meg Flippin, Benzinga

Diamond Lake Minerals Inc. (OTC: DLMI), aiming to be the digital version of General Electric Co. (NYSE: GE) and Berkshire Hathaway (NYSE: BRK -B) buying, investing and growing an innovative portfolio of companies and attaching digital securities to those businesses, has entered into a long-term alliance with Boxabl Inc., an innovator in the modular home building market. The collaboration gives Diamond Lake Minerals entrance into the real estate market which is ripe for change and gives investors access to digital tokens of a potentially revolutionary real estate start-up.

BOXABL is addressing the U.S.'s lack of affordable housing, which has been a long-standing problem exacerbated by high mortgage rates and a lack of inventory. At last check, theres a shortage of 7.3 million affordable homes available to low-income renters. That shortage is in every state and major metropolitan area around the country. There is also the need for more space in the existing homes across America driving demand for backyard accessory dwelling units or ADUs. In states like California with new laws on the books that make it easier to get permits, demand may grow even more.

Taking A Page From The Auto Industry

BOXABLs mission is to mass-produce upscale low-cost housing, similar to how cars are mass-produced on the factory line. Its first product, Casita is a 19' x 19' prefab studio apartment that unfolds from a shipping container size. It is fully finished in the factory from the kitchen sink to the HVAC. The modular apartments can be installed in any customer's backyard in about an hour. BOXABL says Casita is suitable for use in multi-story apartments, workforce housing, affordable housing and military housing. Its already doing business with the federal government, inking a $9 million deal in 2021 to build and deliver 156 Casitas to a military base. In the same year, it opened its first 170,000-square-foot manufacturing facility in Las Vegas. Fast forward to 2024 and BOXABL is in the process of building its factory the Billion Dollar Boxzilla Factory, which is being partly funded by an investment from home builder and partner DR Horton Inc. (NYSE: DHI). At last check, BOXABL said it had a list of more than 170,000 people interested in buying a Casitas.

BOXABL, which is the brainchild of father-son duo Paolo and Galiano Tiramani who poured $2 million into the endeavor, also developed a building system that allows different-sized room modules to be stacked and connected to create a wide variety of building types. Its not surprising that this innovative company would come from the Tiramani duo. Paolo Tiramani is an industrial designer and mechanical engineer with over 150 patent filings, and Galiano Tiramani is a serial technology entrepreneur. By partnering with Diamond Lake Minerals, they are betting the business will move to the next level.

Knowing and working with Brian (CEO OF DLMI) since 2018 has been a real pleasure. Through this time, we set a great foundation on how to create opportunities, bring value and deliver. If it was not for the history we created together, we would not have been able to announce today that BOXABL has chosen Diamond Lake Minerals (DLMI) to be its Boxabl Villages development partner, Galiano Tiramani, Co-Founder of BOXABL, said when announcing the partnership. The experience, team, reach, credibility and access DLMI has built over the last year has been truly incredible to watch. We know they will be amazing partners for our brand, and we also believe that tokenization is the future, and that DLMI is strongly positioned to be tremendous leaders in this space.

Diamond Lake Minerals Takes Financing To The Next Level

Diamond Lake Minerals and BOXABL are collaborating to identify, design and develop communities around BOXABLs modular homes known as BOXABL Villages. The goal is to provide a more efficient process and shorter timelines from groundbreaking to residents moving into their homes. With Diamond Lake Minerals prowess in the future of financing via security tokens combined with traditional financing, both companies are confident they will be able to create unique opportunities for the villages to thrive and scale.

BOXABL falls squarely in Diamond Lake Minerals mission to develop valuable traditional businesses and combine them with the future of money and digital assets. Diamond Lake Minerals, which was founded in 1954 as a mining company, is positioning itself as an industry agonistic leader in the digital asset and security token space.

DLMI and BOXABL are working together to develop not only the Boxabl Village Concept, but also utilizing the large reach and influence we have created here at DLMI to provide solutions to affordable housing, said Brian J. Esposito, CEO of DLMI. The crisis that the housing market industry is experiencing is in desperate need of a realistic, attainable fix. I truly believe that BOXABL is the first modular home company to crack the code for a fix, and together we intend on making quite the impact."

Featured photo by Shubham Dhage on Unsplash.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.

Contact Details

Benzinga

+1 877-440-9464

[email protected]

Company Website

http://www.benzinga.com

View source version on newsdirect.com: https://newsdirect.com/news/diamond-lake-minerals-otc-dlmi-and-boxabl-team-up-to-bring-affordable-housing-to-the-masses-and-digital-tokens-to-investors-394454132

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