Sep 13, 2024, 9:00 AM
Sep 13, 2024, 9:00 AM

Mobilicom and ASP Isotopes Interviews Air on Bloomberg TV

Highlights
  • Interviews with Mobilicom Ltd. and ASP Isotopes Inc. will air on Bloomberg TV on September 14, 2024.
  • Mobilicom reported a 232% revenue increase year-over-year, driven by hardware sales and expects growth from SaaS and cybersecurity.
  • ASP Isotopes is positioned for significant revenue growth in 2024, supported by strong financials and increasing demand for isotopes.
Story

On September 14, 2024, RedChip Companies will feature interviews with Mobilicom Ltd. and ASP Isotopes Inc. on the RedChip Small Stocks, Big Money™ show, airing on Bloomberg TV at 7 p.m. Eastern Time. Mobilicom's CEO, Oren Elkayam, will discuss the company's innovative products, including SkyHopper Datalinks and cybersecurity solutions, which have driven a remarkable 232% revenue increase year-over-year, reaching $1.8 million in the first half of 2024. The company anticipates further growth through Software-as-a-Service (SaaS) and recurring cybersecurity revenues. Meanwhile, ASP Isotopes, led by CEO Paul Mann, is positioned to capitalize on the growing demand for isotopes in nuclear medicine and green energy. The company boasts a strong financial foundation with no long-term debt and significant cash reserves, setting the stage for substantial revenue growth starting in 2024. Their proprietary Aerodynamic Separation Process technology is crucial for enriching isotopes, which are increasingly needed for healthcare and energy applications. The geopolitical landscape has heightened the demand for ASP Isotopes' products, and the company is well-prepared to meet these needs. H.C. Wainwright has issued a buy rating for ASP Isotopes, projecting a price target of $4.50, reflecting confidence in the company's growth potential and operational strategies. This positive outlook is bolstered by the company's strategic expansions and innovative approaches to isotope production. Both companies are leveraging their unique technologies and market positions to drive growth and create value for shareholders, highlighting the importance of innovation in meeting global demands in their respective sectors.

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