Welcome to the Green Stock News brief for Friday January 24th. Here are today’s top headlines:
Greenwave Technology Solutions (NASDAQ: GWAV) has secured an exclusive contract with the City of Virginia Beach, making it the sole provider of scrap metal recycling services for the state's largest city. This deal, projected to generate over $500,000 in the upcoming year, strengthens Greenwave's market position and capitalizes on the city's significant metal recycling volume.
As an operator of 13 metal recycling facilities, Greenwave Technology supplies leading steel mills and industrial conglomerates with ferrous and non-ferrous metal. With steel being one of the most recycled materials worldwide, The company supplies the raw metal utilized in critical infrastructure projects and vital to American national security interests.
Intuitive Machines (NASDAQ: LUNR) has been awarded a $2.5 million NASA contract under NextSTEP Appendix R to develop technologies for lunar logistics, payload transport, and surface mobility. The one-year study will leverage the company's expertise, including its heavy-cargo-class lunar lander and work on NASA’s Lunar Terrain Vehicle Services contract.
Planet Labs (NYSE: PL) has been selected as a vendor for the National Geospatial-Intelligence Agency's $200 million Luno B contract, providing GEOINT data and analytics to enhance decision-making for national security. This five-year contract will support AI-driven intelligence applications and deliver insights on global economic, environmental, and geopolitical activities.
Stardust Power (NASDAQ: SDST) has announced that the company broke ground on January 22, on a lithium refinery in Oklahoma, marking a significant step toward strengthening U.S. critical mineral supply chains. The project, located on a 66-acre site with expansion potential, will be developed in two phases to produce up to 50,000 metric tons of battery-grade lithium annually, reflecting the company’s commitment to sustainability and the energy transition.
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