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Noticias de CITR
Eventos de CITR
CitroTech and Athena Intelligence Announce Strategic Partnership
CitroTech and Athena Intelligence announced a strategic partnership to bring geospatial intelligence to wildfire prevention. By combining CitroTech's fire-inhibitor technology with Athena's geospatial intelligence platform, the companies are enabling more precise assessments that move beyond static wildfire risk maps to provide targeted protection for utilities, municipal leaders, and homeowners. Athena's Voice of the Acre platform evaluates conditions across four layers of intelligence, from block-level risk profiling down to pixel-level fire behavior and treatment modeling. It draws on dozens of environmental and wildfire data sources to translate vegetation and fuel characteristics, weather, moisture, topography, and surrounding landscape conditions into highly granular, interconnected insights. These insights help utility providers, homeowners, and community leaders identify and prioritize locations for treatment before a fire starts or spreads. During an active wildfire event, real-time conditions can guide where resources should be deployed and how mitigation strategies should adapt. Treatment and performance data then feed back into the platform to measure outcomes and refine future decisions. The platform also accounts for mitigation activity - or its absence - beyond the boundary of an individual property or asset, showing how one decision can affect surrounding risk profiles.
CitroTech Accelerates Commercial Adoption, Generates Hundreds of Thousands in Sales
CitroTech has seen accelerated commercial adoption of its EPA Safer Choice-recognized wildfire prevention technology as customers and application partners transition away from phosphate-based fire retardants. "What we are experiencing today at CitroTech represents only the beginning," said Wes Bolsen, Chief Executive Officer of CitroTech. "In just the last few months, we have generated hundreds of thousands of dollars in direct product sales to railroads, utilities and county fire agencies. At the same time, our certified partner network is seeing a spike in demand from homeowners, business owners and other community organizations."
CitroTech and Matrix Wildfire Announce Strategic Partnership
CitroTech and Matrix Wildfire announced a strategic partnership that combines Matrix's high-capacity, Massive Area Fire Denial, MAFD, industrial hardware application with CitroTech's retardant chemistry to establish wide-area defense barriers. "For too long, wildfire protection has been defined by how quickly we respond after a fire starts," said Wes Bolsen, CEO of CitroTech. "This partnership represents a much needed shift for critical infrastructure sectors toward proactive resilience, bringing air tanker-level fire protection to precision, ground-based application with an unmatched level of consistency."
CitroTech and GFS Announce Strategic Partnership
CitroTech and Global Fireproof Solutions, GFS, announced a strategic partnership to integrate CitroTech's non-toxic fire inhibitor across GFS's current businesses. "At Global Fireproof Solutions, our mission has always been protecting people, structures and communities through advanced fire protection systems," said Chris Birchfield, CEO of Global Fireproof Solutions. "CitroTech's EPA Safer Choice-recognized formulation is a biodegradable, heavy-metal-free alternative to legacy fire-retardant chemistries, a technology we're proud to bring to agricultural, equestrian and outdoor environments where high-performance fire protection is increasingly important."
CitroTech CEO Updates on Business Progress
CitroTech provided a business update in a letter to shareholders issued by CEO Wes Bolsen, highlighting continued progress toward broad commercialization. Bolsen said, in part, "With fires across the Western United States and around the world right now, we want to express our deepest sympathy to the families of the First Responders and community members who have lost their lives and many who have lost their property in the ongoing disasters. CitroTech stands alongside our firefighters and those in the community working to prevent fires and protect homes and assets from the devastating effects of ignitions. We are hopeful that in the days and years ahead we can be part of a solution that sees less fires needing to be suppressed and more fires prevented through dedicated planning and funding. CitroTech continues to build momentum as we execute our commercialization strategy and expand opportunities across multiple markets. Over the past several months, we have made meaningful progress across our core markets, expanded our partner ecosystem, advanced strategic relationships and strengthened the foundation for commercialization...As we look ahead, we remain focused on execution by expanding our partner network, accelerating commercial adoption, developing new market opportunities and advancing our strategic relationship with Hexion. We believe CitroTech is uniquely positioned at the intersection of wildfire resilience, infrastructure protection, insurance innovation and next-generation building materials. We remain focused on converting these opportunities before us into commercial results. We appreciate the continued support of our shareholders and look forward to sharing additional progress via press releases as we execute on the significant opportunities ahead.
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