QS Energy, Inc. (OTCQB:QSEP), a leader in crude oil transport technology, has received a major order to deploy its Applied Oil Technology (AOT) across Southeast Asia and Africa. This marks a breakthrough moment for QS Energy and supports global efforts to modernize and decarbonize crude infrastructure.
This initial order of five (5) AOT units launches a broader multi-phase deployment under a government-backed program with VIPS Petroleum. Valued at $25 million with the estimated expected full payment in this quarter, this order kicks off up to a $2 Billion 400-unit framework for South East Asia and Africa. The remaining 395 units will be delivered in milestone-based phases with a 50/25/25 payment structure, ensuring strong cash flow for QS Energy, commencing in Q3 and Q4 2025. AOT's proven results helped open doors with energy ministries and national oil companies. This deal is made possible by VIPS Petroleum, QS Energy's exclusive regional distributor contracted in 2024.
Metalpha Technology Holding Limited (NASDAQ: MATH) is a global leading provider of blockchain and trading technology solutions. With extensive blockchain and traditional fintech expertise, we are dedicated to delivering state-of-the-art technological solutions, including digital asset related management systems, hedging infrastructures, liquidity solutions and institutional grade architectures. We offer highly customized, one-stop solutions to help our customers grow their businesses and are committed to strengthening our position as one of the largest gateways to digital assets in Asia.
Company Highlights:
$44.57M
Income*
$15.89M
Net Profit*
$17.66M
Adjusted EBITDA*
Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF, FSE: 9I3) through its wholly owned Peruvian subsidiary, Sombrero Minerales SAC, is pleased to announce that it has amended agreements (the “Amendments”) in relation to its existing option with Aceros Arequipa S.A. (“Aceros”) (the “Aceros Option”), which includes three key concessions covering Nioc and Fierrazo, two cornerstone targets in the unfolding district-scale copper-gold Sombrero Project in Peru.