CleanSpark has announced a definitive agreement to acquire an active bitcoin mining facility located in the state of Georgia for $16.2 million.

The Company says that it has also purchased approximately 3,400 of the latest generation Antminer S19 series of machines for $8.9 million. These machines, already operating at the acquired site, will add over 340 petahashes per second (PH/s) of computing power. The Company says it will fill the remaining balance of the 36 MW with machines already on hand. The site has exclusive rights to an additional 50 MW of power, making the site scalable to 86 MW.

CleanSpark CEO Zach Bradford commented: “We are excited to expand our footprint in the state of Georgia. The market has been preparing all summer for consolidation, and we are pleased to be on the acquiring side. Our focus on sustainability and maximizing value for our stakeholders have put us in a unique position to take advantage of the unprecedented opportunities that the current market has created.”

The site is CleanSpark’s third clean-energy campus in Georgia, with other locations in College Park and Norcross. It draws power predominantly from low-carbon sources, such as nuclear energy.

Shares of CleanSpark trade on the NASDAQ under the symbol CLSK. For more information visit www.greenstocknews.com

Heliogen, a leading provider of AI-enabled concentrated solar energy technology, has announced a letter of intent with Dimensional Energy, a sustainable fuels company, to jointly produce sustainable aviation fuel at Heliogen’s concentrated solar thermal demonstration facility in Lancaster, California. This collaboration will aim to create a reserve of jet fuel from sunlight and air to enable the rapid decarbonization of the aviation industry.

The companies will work to deploy Heliogen’s proprietary, artificial intelligence powered HelioHeat™ technology to convert sunlight directly into thermal energy in the form of high temperature steam and air that will be used to produce green hydrogen for Dimensional Energy’s Reactor platform. The parties expect the demonstration project to be a first step to develop a pipeline for approximately three million barrels of fuel over the next ten years

Bill Gross, Founder and Chief Executive Officer, Heliogen commented “At Heliogen, our mission is to decarbonize industry by delivering advanced renewable energy systems that are more affordable than fossil fuels and we are thrilled to collaborate with Dimensional Energy to advance the decarbonization of the aviation industry.”

Heliogen is a renewable energy technology company focused on decarbonizing industry and empowering a sustainable future. The company’s concentrated solar energy and thermal storage systems aim to deliver carbon-free heat, power, or green hydrogen at scale to support round-the-clock industrial operations.

Shares of Heliogen trade on the NYSE under the symbol HLGN. For more information visit www.greenstocknews.com

Solar tracking provider FTC Solar has announced a collaboration partnership with solar contracting company AUI Partners. The partnership will introduce a new product offering to the solar distributed generation market.

The new collaboration will join FTC Solar's DG Solutions Business Unit with AUI Partner’s solar tracking services. This will help FTC Solar's customers achieve maximum energy optimization by combining its Voyager+ 2P solar tracker with AUI's extensive experience in site design and construction. The partnership will also look to leverage an innovative sourcing strategy and inventory capabilities with the goal of providing delivery lead times of as short as eight weeks.

FTC Solar CEO Sean Hunkler commented: "By ensuring materials are readily available for these projects, DG Solutions will deliver faster than many other providers in the market, which can require more than six months. We see tremendous growth potential for this market over the next few years. However, for it to grow successfully, resilient turnkey solutions are imperative, and working with the team at AUI Partners will help us complete these projects quickly, which is a win for both the customer and the planet."

FTC Solar and AUI Partners plan to target multiple segments for this offering, including commercial and industrial projects, community solar programs, and smaller projects for sectors such as agriculture. Both companies will also utilize proprietary automation technology to provide a fast turnaround time on project quotes.

Shares of FTC Solar trade on the NASDAQ under the symbol FTCI. For more information visit www.greenstocknews.com

Stratasys, a leader in polymer 3D printing solutions, announced today it has signed a definitive agreement to acquire the additive manufacturing materials business of Covestro AG for $43 million euros.

The acquisition is expected to be immediately accretive upon closing for Stratasys and includes R&D facilities and activities, a global sales team, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprising hundreds of patents and patents pending.

Covestro has been a key part of Stratasys’ third-party materials ecosystem, and the acquisition will benefit customers using multiple Stratasys 3D printing platforms, including its Origin P3™, Neo® stereolithography, and H350™ printers. Stratasys is already a distributor of Covestro’s Somos® resins and they are already available for Neo and Origin® One 3D printers.

Stratasys CEO Dr. Yoav Zeif commented: “The acquisition of Covestro’s highly regarded Additive Manufacturing business positions us to further grow adoption of our newest technologies. We will now have the ability to accelerate cutting-edge developments in 3D printing materials, and advance our strategy of providing the best and most complete polymer 3D printing portfolio in the industry.”

The acquisition is expected to close during the first quarter of 2023  subject to the receipt of regulatory approvals and satisfaction of other customary closing conditions.

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain.

Shares of Stratasys trade on the NASDAQ under the symbol SSYS. For more information visit www.greenstocknews.com

iRobot, a global consumer robot company, has reported a definitive merger agreement in which Amazon will acquire the company at $61 per share in an all-cash transaction that values iRobot at approximately $1.7 billion. iRobot’s CEO, Colin Angle, is expected to remain as CEO of the company following completion of the merger.

iRobot develops consumer cleaning products for the home. The company has continued to innovate with each product generation, solving problems to help give customers valuable time back in their day.

Colin Angle, Chairman and CEO of iRobot commented: “Since we started iRobot, our team has been on a mission to create innovative, practical products that make customers’ lives easier, leading to inventions like the Roomba and iRobot OS. Amazon shares our passion for building thoughtful innovations that empower people to do more at home, and I cannot think of a better place for our team to continue our mission. I’m hugely excited to be a part of Amazon and to see what we can build together for customers in the years ahead.”

iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. The company first introduced its Roomba robot vacuum in 2002. To date the company has sold millions of robots worldwide. iRobot's product portfolio features technologies and advanced concepts in cleaning, mapping and navigation.

Shares of iRobot trade on the NASDAQ under the ticker symbol IRBT. For more information visit www.greenstocknews.com

Bionano Genomics, a pioneer of optical genome mapping solutions, has announced second quarter results that included 73% year-over-year revenue growth as well as a 24% increase in sales of its nanochannel array flowcells.

The company also launched version 6.2 of its NxClinical software that includes integrated genomic scar analysis for homologous recombination deficiency. The new feature provides a comprehensive, consistent, and automated analysis of biomarkers from next-generation sequencing and microarray data that can help clinical researchers stratify therapeutic response across multiple tumor types.

During the second quarter the company also announced a new collaboration agreement with Hamilton to develop the Long String VANTAGE for isolation of Ultra High Molecular Weight DNA for use in optical genome mapping. The company believes this workflow has the potential to double manual output, with increased confidence in sample yields and DNA quality.

Erik Holmlin, President and CEO of Bionano commented: “We believe our Q2 2022 results, which include record quarterly revenues for Bionano, show that the foundation we laid in 2021 has carried us into 2022 and that the great progress demonstrated by this quarter’s growth in Saphyr system installed base reflects continued gains in market development and proof of concept.”

Bionano Genomics is a provider of genome analysis solutions that can enable researchers and clinicians to reveal answers to challenging questions in biology and medicine. The Company’s mission is to transform the way the world sees the genome through OGM solutions, diagnostic services and software

Shares of Bionano Genomics trade on the NASDAQ under the ticker symbol BNGO. For more information visit www.greenstocknews.com

Fluence Energy has announced a new partnership with a contract manufacturer to open a new facility in the United States that will better serve regional deliveries as well as address ongoing supply chain constraints. The new facility will be located in Utah and better serve Fluence’s growing customer base throughout North America.

The company’s sixth generation storage technology, better known as Fluence Cubes, are slated to begin shipping from the facility in September 2022 to support the company’s energy storage products. Production capacity at the Utah hub will begin at 75 Cubes per week with plans to ramp up to 150 per week. The addition of this contract manufacturing facility will expand Fluence’s production beyond Asia to meet increasing global demand and allow the company to better serve regional markets.

Fluence Chief Supply Chain and Manufacturing Officer Carol Couch commented, “At a time when the energy storage industry has seen increased supply chain disruptions, this production hub will be particularly important in strengthening business continuity and improving flexibility for meeting customer needs. By opening this new facility with our contract manufacturing partner, Fluence is even better positioned to support customers with the rapid deployment of storage in North America.”

Fluence Energy is a global market leader in energy storage products and services as well as digital applications for renewables and storage. With a presence in 30 global markets, the company provides an ecosystem of offerings that help drive the clean energy transition, including its Fluence IQ Platform, which delivers AI-enabled digital applications for managing and optimizing renewables and storage from any provider.

Shares of Fluence Energy trade on the NASDAQ under the ticker symbol FLNC. For more information visit www.greenstocknews.com

Faraday Future Intelligent Electric, a global shared intelligent electric mobility ecosystem company, has reported further progress made in all production areas at its newly named FF ieFactory California. Located in Hanford, California, the state-of-the-art manufacturing facility will lead production of the company’s all-new TechLuxury FF 91 electric vehicle, which is expected to arrive in late 2022.

Faraday Future is building out its California facility focused on world class craftsmanship and state-of-the-art manufacturing technology and automation.Since going public last July, the company has accomplished five manufacturing milestones and is in the process of the sixth and final milestone prior to the start of vehicle production.

Dr. Carsten Breitfeld, Global CEO of Faraday Future commented: “We continue to make exceptional progress on construction and development in our Hanford manufacturing plant, and we are getting closer to our start of production later this year. Main body lines, e-coat systems and paint ovens and conveyance are all in place for the start of production and we continue to build production-intent vehicles that will be used for further testing and validation.”

Faraday Future is utilizing a sophisticated electrocoating process in its paint shop, which will ensure noticeably superior paint finish and durability for its vehicles. In the body shop, the company is nearing completion of its 6th milestone, which is the construction and equipment installation in the final vehicle manufacturing areas. Robots in the body shop are undergoing final commissioning and validation to support production activity.

Shares of Faraday Future Intelligent Electric trade on the NASDAQ under the symbol FFIE. For more information visit www.greenstocknews.com

Innoviz Technologies has announced that it will provide next-generation LiDAR sensors and perception software to CARIAD, a wholly owned subsidiary of Volkswagen Group. The automotive software company is focused on increasing innovation speed at the Volkswagen Group by making brands such as Volkswagen, Audi, Porsche and others more sustainable, safe and seamlessly-connected.

The design selection represents the third major automaker for Innoviz and further increases its forward-looking order book to $6.6 billion.

Innoviz CEO and Co-Founder Omer Keilaf commented: "We are thrilled to work with the CARIAD team and be a supplier of LiDAR sensors and perception software to support safe mobility for vehicles launching from the middle of the decade. CARIAD is a leading player in the transformation of the whole automotive space. We are proud to be part of their mission."

Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally-recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases.

Shares of Innoviz Technologies trade on the NASDAQ under the ticker symbol INVZ. For more information visit www.greenstocknews.com

SunPower ($SPWR), a leading solar technology and energy services provider, has announced second quarter results that included accelerated revenue growth and new record customers.

The company set a quarterly record with 19,7000 new customers, which represented a 51% year-over-year increase. Additionally, SunPower reported revenue growth of 63% over the same quarter last year along with an increase in its customer backlog to more than 53,000 retrofit and new home customers.

During the second quarter the company also announced a new strategic relationship with IKEA. The new partnership will introduce solar and energy storage to a whole new consumer market and make renewable energy solutions more accessible. Through the collaboration, SunPower home energy products will be featured in select IKEA stores. The initiative is expected to launch in select California markets this Fall.

Peter Faricy, SunPower CEO commented: "With our strategic growth plan, investment in world-class customer experience and robust pipeline, SunPower is well positioned to capture the strong resulting demand for solar and storage. This quarter we added a record number of customers, including an all-time high for new home installs, and accumulated a backlog that we expect to set us up for high growth in the second half of the year."

SunPower offers the only solar + storage solution designed and warrantied by a single company. The all-in-one solution provides consumers with control over their electricity consumption and resiliency during power outages.

Shares of SunPower trade on the NASDAQ under the symbol SPWR. For more information visit www.greenstocknews.com