$IHAI Innovative Holdings Alliance, Inc. Issues Sh
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Posted On: 12/23/2024 9:28:21 AM
$IHAI Innovative Holdings Alliance, Inc. Issues Shareholder Update Letter
https://www.otcmarkets.com/otcapi/company/dns...10/content
Innovative Holdings Alliance, Inc. Issues Shareholder Update Letter
Making Significant Progress in Addressing Global Battery Power Management and Energy Optimization
Alpharetta, GA – December X, 2024 – Accesswire – Innovative Holdings Alliance, Inc. (the “Company”) (OTC Markets: IHAI), a U.S. technology developer focused on global battery power management and energy optimization, is pleased today to provide the following shareholder update letter.
Dear Valued Shareholders,
Earlier this year, we successfully completed our acquisition of all the assets of Premergy, Inc., including the tradename “Premergy” and 35 patents addressing global battery power management and energy optimization. I encourage you to visit https://www.premergy.com to read and see additional information on Premergy.
Prior to our purchase of all Premergy’s assets, Premergy’s founder and the Company’s Chief Technology Officer, Richard Botts, successfully filed for and received numerous patents in the dual battery management, rapid charging, and solar fields, 35 of which are now owned by IHAI. All of the pertinent technology has been validated by independent third parties.
Premergy's technology is applicable to the EV, Aerospace, and Marine industries. Our intention is to focus primarily on licensing our patents to companies operating in the Aerospace and Marine sectors in the near future.
Within the aerial and marine drone market, the Company plans to pursue Joint Development and Joint Venture opportunities with strategic partners in those fields that already have the sales and infrastructure to promote our patented technology. By pursuing Licensing Agreements that can generate future royalties for the Company, as opposed to spending capital to do our own manufacturing and direct sales, we believe we will be able to keep our corporate overhead low, achieve more rapid growth, and pass more value on to our shareholders.
Our near-term objective is to get a foothold in the aerial drone and marine submersible areas. IHAI is currently in preliminary discussions with companies in both fields, primarily focused on our rapid charging and battery management solutions.
The U.S. commercial drone market was valued at USD 4.79 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2030.* The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate.
*Source: Grand View Research
We look forward to providing you with additional updates as they arise.
https://www.otcmarkets.com/otcapi/company/dns...10/content
Innovative Holdings Alliance, Inc. Issues Shareholder Update Letter
Making Significant Progress in Addressing Global Battery Power Management and Energy Optimization
Alpharetta, GA – December X, 2024 – Accesswire – Innovative Holdings Alliance, Inc. (the “Company”) (OTC Markets: IHAI), a U.S. technology developer focused on global battery power management and energy optimization, is pleased today to provide the following shareholder update letter.
Dear Valued Shareholders,
Earlier this year, we successfully completed our acquisition of all the assets of Premergy, Inc., including the tradename “Premergy” and 35 patents addressing global battery power management and energy optimization. I encourage you to visit https://www.premergy.com to read and see additional information on Premergy.
Prior to our purchase of all Premergy’s assets, Premergy’s founder and the Company’s Chief Technology Officer, Richard Botts, successfully filed for and received numerous patents in the dual battery management, rapid charging, and solar fields, 35 of which are now owned by IHAI. All of the pertinent technology has been validated by independent third parties.
Premergy's technology is applicable to the EV, Aerospace, and Marine industries. Our intention is to focus primarily on licensing our patents to companies operating in the Aerospace and Marine sectors in the near future.
Within the aerial and marine drone market, the Company plans to pursue Joint Development and Joint Venture opportunities with strategic partners in those fields that already have the sales and infrastructure to promote our patented technology. By pursuing Licensing Agreements that can generate future royalties for the Company, as opposed to spending capital to do our own manufacturing and direct sales, we believe we will be able to keep our corporate overhead low, achieve more rapid growth, and pass more value on to our shareholders.
Our near-term objective is to get a foothold in the aerial drone and marine submersible areas. IHAI is currently in preliminary discussions with companies in both fields, primarily focused on our rapid charging and battery management solutions.
The U.S. commercial drone market was valued at USD 4.79 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2030.* The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate.
*Source: Grand View Research
We look forward to providing you with additional updates as they arise.
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