NEXE Innovations Makes Fourth Delivery to U.S.-Based EKOCUPS
NEXE Innovations (NEXNF) has completed its fourth delivery to U.S.-based EKOCUPS, comprising seven different SKUs of compostable coffee pods. The company has delivered over 500,000 pods to date to EKOCUPS, a well-established U.S. company selling coffee products online and through Amazon.
The recurring orders demonstrate growing market traction and customer transition to eco-friendly coffee solutions. NEXE's BPI-certified compostable coffee pod is positioning itself as a competitive alternative in the U.S. single-serve market, which is expected to grow at almost twice the rate of the overall coffee market.
The company is actively developing its U.S. market strategy while managing geopolitical and currency risks. Strategic options under consideration include licensing technology to a U.S. partner or entering a joint venture with an experienced single-serve coffee company.
NEXE Innovations (NEXNF) ha completato la sua quarta consegna a EKOCUPS, un'azienda con sede negli Stati Uniti, composta da sette diverse SKU di capsule di caff猫 compostabili. L'azienda ha consegnato oltre 500.000 capsule fino ad oggi a EKOCUPS, una societ脿 ben consolidata negli Stati Uniti che vende prodotti a base di caff猫 online e tramite Amazon.
Gli ordini ricorrenti dimostrano una crescente attrattiva di mercato e la transizione dei clienti verso soluzioni di caff猫 ecologiche. La capsula di caff猫 compostabile certificata BPI di NEXE si sta posizionando come un'alternativa competitiva nel mercato delle porzioni singole negli Stati Uniti, che si prevede crescer脿 a quasi il doppio della velocit脿 del mercato del caff猫 complessivo.
L'azienda sta attivamente sviluppando la sua strategia di mercato negli Stati Uniti mentre gestisce i rischi geopolitici e valutari. Le opzioni strategiche in considerazione includono la concessione in licenza della tecnologia a un partner statunitense o l'ingresso in una joint venture con un'azienda di caff猫 a porzione singola esperta.
NEXE Innovations (NEXNF) ha completado su cuarta entrega a EKOCUPS, una empresa con sede en EE. UU., que consta de siete SKU diferentes de c谩psulas de caf茅 compostables. La compa帽铆a ha entregado m谩s de 500.000 c谩psulas hasta la fecha a EKOCUPS, una empresa estadounidense bien establecida que vende productos de caf茅 en l铆nea y a trav茅s de Amazon.
Los pedidos recurrentes demuestran una creciente atracci贸n del mercado y la transici贸n de los clientes hacia soluciones de caf茅 ecol贸gicas. La c谩psula de caf茅 compostable certificada por BPI de NEXE se est谩 posicionando como una alternativa competitiva en el mercado de caf茅 de porciones individuales en EE. UU., que se espera que crezca a casi el doble de la tasa del mercado general del caf茅.
La empresa est谩 desarrollando activamente su estrategia de mercado en EE. UU. mientras gestiona los riesgos geopol铆ticos y de divisas. Las opciones estrat茅gicas en consideraci贸n incluyen licenciar tecnolog铆a a un socio estadounidense o entrar en una empresa conjunta con una compa帽铆a de caf茅 de porciones individuales con experiencia.
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鞛＜氍胳潃 鞁滌灔鞚� 靹膘灔瓿� 瓿犼皾鞚� 旃滍櫂瓴� 旎ろ敿 靻旊（靺橃溂搿� 鞝勴櫂頃橁碃 鞛堨潓鞚� 氤挫棳欷嶋媹雼�. NEXE鞚� BPI 鞚胳 韲措箘頇� 臧�電ロ暅 旎ろ敿 韽摐電� 氙戈淡鞚� 雼澕 靹滊笇 鞁滌灔鞐愳劀 瓴届焷霠� 鞛堧姅 雽�鞎堨溂搿� 鞛愲Μ 鞛￡碃 鞛堨溂氅�, 鞚措姅 鞝勳泊 旎ろ敿 鞁滌灔鞚� 瓯办潣 霊� 氚办潣 靻嶋弰搿� 靹膘灔頃� 瓴冹溂搿� 鞓堨儊霅╇媹雼�.
須岇偓電� 歆�鞝曧暀鞝� 氚� 韱淀檾 鞙勴棙鞚� 甏�毽晿氅挫劀 氙戈淡 鞁滌灔 鞝勲灥鞚� 鞝侁饭鞝侅溂搿� 臧滊皽頃橁碃 鞛堨姷雼堧嫟. 瓿犽牑 欷戩澑 鞝勲灥鞝� 鞓奠厴鞙茧電� 氙戈淡 韺岉姼雱堨棎瓴� 旮办垹鞚� 霛检澊靹检姢頃橁卑雮� 瓴巾棙鞚� 頀嶋秬頃� 雼澕 靹滊笇 旎ろ敿 須岇偓鞕� 頃╈瀾 韴瀽毳� 頃橂姅 瓴冹澊 韽暔霅╇媹雼�.
NEXE Innovations (NEXNF) a compl茅t茅 sa quatri猫me livraison 脿 EKOCUPS, une entreprise bas茅e aux 脡tats-Unis, comprenant sept SKU diff茅rentes de capsules de caf茅 compostables. L'entreprise a livr茅 脿 ce jour plus de 500.000 capsules 脿 EKOCUPS, une soci茅t茅 bien 茅tablie aux 脡tats-Unis qui vend des produits 脿 base de caf茅 en ligne et via Amazon.
Les commandes r茅currentes d茅montrent une traction croissante sur le march茅 et une transition des clients vers des solutions de caf茅 茅cologiques. La capsule de caf茅 compostable certifi茅e BPI de NEXE se positionne comme une alternative comp茅titive sur le march茅 am茅ricain des portions individuelles, qui devrait cro卯tre 脿 presque le double du taux du march茅 du caf茅 global.
L'entreprise d茅veloppe activement sa strat茅gie de march茅 aux 脡tats-Unis tout en g茅rant les risques g茅opolitiques et de change. Les options strat茅giques 脿 l'茅tude incluent la licence de technologie 脿 un partenaire am茅ricain ou l'entr茅e dans une coentreprise avec une entreprise de caf茅 脿 portion unique exp茅riment茅e.
NEXE Innovations (NEXNF) hat seine vierte Lieferung an das in den USA ans盲ssige Unternehmen EKOCUPS abgeschlossen, die aus sieben verschiedenen SKUs von kompostierbaren Kaffeekapseln besteht. Das Unternehmen hat bis heute 眉ber 500.000 Kapseln an EKOCUPS geliefert, ein etabliertes US-Unternehmen, das Kaffeprodukte online und 眉ber Amazon verkauft.
Die wiederholten Bestellungen zeigen eine wachsende Marktattraktivit盲t und den 脺bergang der Kunden zu umweltfreundlichen Kaffeel枚sungen. Die BPI-zertifizierte kompostierbare Kaffeekapsel von NEXE positioniert sich als wettbewerbsf盲hige Alternative im US-Markt f眉r Einzelportionen, der voraussichtlich fast doppelt so schnell wachsen wird wie der Gesamtkaffeemarkt.
Das Unternehmen entwickelt aktiv seine Marktstrategie in den USA und verwaltet gleichzeitig geopolitische und W盲hrungsrisiken. Zu den in Betracht gezogenen strategischen Optionen geh枚ren die Lizenzierung von Technologien an einen US-Partner oder der Eintritt in ein Joint Venture mit einem erfahrenen Unternehmen f眉r Einzelportionen Kaffee.
- Delivered over 500,000 pods to date
- Secured fourth repeat order from EKOCUPS
- Established recurring revenue stream
- Targeting U.S. market with growth rate 2x overall coffee market
- Facing potential geopolitical and currency risks in U.S. expansion
- Still in early stages of U.S. market penetration
- Dependent on strategic partnerships for U.S. growth
The delivery is a repeat order for seven different SKUs, and to date, we have delivered over 500,000 pods
WINDSOR, Ontario, March 03, 2025 (GLOBE NEWSWIRE) -- NEXE Innovations Inc. ("NEXE", the "Company", 鈥渨e鈥� or 鈥渙ur鈥�) (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce the delivery of seven different SKUs for EKOCUPS, further to our previously announced partnership with EKOCUPS. To date, we have delivered over 500,000 pods to EKOCUPS. EKOCUPS () is a well-established company based in the U.S. that sells its coffee products online, and it is a high-volume seller through Amazon.
In our view, this order highlights that our revenues are expected to be recurring and durable as we continue to build traction with our partners. Our partners have provided positive feedback, and their customers appear to be choosing to transition to an eco-friendly coffee pod. We believe the NEXE BPI-certified compostable coffee pod is providing a competitive alternative that is meeting consumers鈥� needs.
鈥淲e are excited with the traction we are gaining with our partners and expect this will continue to build over time,鈥� said Ash Guglani, President of NEXE. 鈥�In parallel, we are also working on strategies to gain market share in one of the largest single-serve markets, the U.S. Currently the single-serve U.S. market is expected to grow at almost twice the rate of the overall coffee market.1 We expect to gain market share with our competitive alternative, the NEXE BPI-certified compostable coffee pod.鈥�
U.S. Strategy
NEXE believes it has developed a sustainable solution for the coffee industry that offers the convenience of a single-serve option without significantly higher switching costs. As the U.S. is a key region that NEXE is focused on, we have been actively working on our U.S. strategy to gain traction, while managing potential geopolitical and currency risks. The Company began shaping its U.S. approach prior to the recent tariff discussions, positioning itself to adapt to evolving conditions. We are exploring various strategic options, including licensing our technology to a U.S. partner or entering a strategic joint venture with a coffee company with expertise in the single-serve market. We are engaged in conversations and will provide updates as our plans evolve.
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About NEXE Innovations Inc.
NEXE Innovations is focused on providing innovative compostable material solutions and packaging to the B2B segment to help businesses achieve their sustainability goals. NEXE Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure, and water. Our flagship product, the NEXE Pod, a BPI-certified compostable coffee pod, showcases our material鈥檚 durability and is an ideal substitute for plastic. The NEXE pod is compatible with major coffee brewing machines and is manufactured at NEXE鈥檚 vertically integrated facility based in North America. Discover our innovative approach to sustainability at and join our journey on social media @nexeinnovations. #compostablecoffeepods #sustainability #greentech
On behalf of the Company:
Ash Guglani
President & Director
For investor relations contact:
Kam Mangat
VP, Investor Relations & Corporate Strategy
Office +1-604-359-4725
Mobile +1-604-359-4742
For media relations contact:
*NEXE Innovations Inc. is not affiliated with, endorsed, or sponsored by Keurig庐. Keurig庐 is a registered trademark of Keurig Dr Pepper Inc.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release are forward-looking statements or information, which include, but are not limited to, statements in respect of the growth of the Company's presence in the US market, potential benefits of the Nexe Pod, the Company's strategic considerations to address potential tariffs, changes to the Company's US strategy, the Company's overall business strategy, increases in production and revenue, and the Company's long-term growth and development plans. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, the Company's ability to execute on its business strategy and those risks set out in the Company's management's discussion and analysis for year ended May 31, 2024 under the headings "Risk and Uncertainties". Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include receipt of necessary approvals and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
1 , Fact.MR () and , Fact.MR, ()
FAQ
How many NEXE compostable pods have been delivered to EKOCUPS as of March 2025?
What strategic options is NEXNF considering for U.S. market expansion?
What certification does NEXE's compostable coffee pod have?
How many different SKUs were included in NEXE's latest delivery to EKOCUPS?
