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As mentioned above, AWIN has several potential catalysts to sink your teeth into. Check them out:
No. 1 AWIN Potential Catalyst - Company's Cutting-Edge Hoverbike Takes Home Award From Global Innovation Competition
AERWINS’ XTURISMO Limited Edition Hoverbike Awarded Bronze at the 2023 Edison Awards
AERWINS’ XTURISMO Recognized at the Edison Awards in the AEROSPACE & FLIGHT TECHNOLOGIES Category
TOKYO, April 26, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ: AWIN) (“AERWINS” or the “Company”), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, announced today that the XTURISMO has been awarded with Bronze at the 2023 Edison Awards in the AEROSPACE & FLIGHT TECHNOLOGIES field in the Air Mobility category.
All nominations were reviewed by the Edison Awards Steering Committee with the final ballot determined by an independent judging panel. The panel is comprised of more than 3,000 senior business executives and academics from the fields of product development, design, engineering, science, marketing and education, as well as past wi.nn.ers. The Gold, Silver and Bronze Winners are chosen as the “best of the best” within their respective categories by some of the world’s top senior business executives, designers, academics and innovation leaders.
“We are grateful to receive this prestigious honor from the Edison Awards, recognizing our XTURISMO hoverbike as a truly innovative and revolutionary product,” said Director and CEO of AERWINS, Taiji Itoh. “We believe that wi.nn.ing this award is not only a spotlight moment for our Company, but a testament to our dedicated team of engineers and operators in delivering excellence and modernization within the air mobility industry. We believe that the XTURISMO and our associated platform, COSMOS, will be a game changer, opening unpaved roads and new possibilities to the society. We look ahead to further opp's and aim to be leaders in this industry.”
Read the full article here.
No. 2 AWIN Potential Catalyst - Strategic Partnership Could Spread Company Influence Throughout Middle East
AERWINS Technologies and OUTSOURCING Inc. Partner to Develop and Produce New Air Mobility Products
TOKYO, March 23, 2023 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (NASDAQ: AWIN) ("AERWINS" or the "Company"), the developer and manufacturer of air mobility platform, COSMOS (Centralized Operating System for Managing Open Sky), and the XTURISMO Limited Edition Hoverbike, has reached a strategic agreement with OUTSOURCING Inc. (“OUTSOURCING”) by entering into a Memorandum of Understanding (“MOU”) with OUTSOURCING intending to partner via a joint venture in the Middle East. The joint venture is intended to allow AERWINS to advance its manufacturing and production capabilities of air mobility units in the Middle East.
Background and Objectives of the Joint Venture
AERWINS has reached an agreement with OUTSOURCING, by entering into a MOU, which the Company believes will provide labor resources to domestic and overseas production for a variety of products. OUTSOURCING agreed to in-vest, if certain conditions are met by April 30, 2023, up to ¥300Mn (approximately $2.3Mn USD) in this joint venture. Under the constitution of the business agreement, AERWINS will look to develop various adjacent operational structures such as establishing air mobility production houses in the United Arab Emirates (“UAE”).
“We are grateful to have the opp. to receive capital and manufacturing support for our recently established joint venture in the UAE from OUTSOURCING, a company with a proven track record in manufacturing for many of the world's leading mobility companies in Japan as well as numerous operations in locations around the globe,” said AERWINS Founder Shuhei Komatsu. “We are confident that this partnership with a manufacturing professional will further accelerate our air mobility business. On brand with our mission, we look to provide the comfort and well-being of life brought by technological innovations in mobility space globally.”
Read the full article here.
No. 3 AWIN Potential Catalyst - Company Beefs Up Board Of Directors With Highly Experienced New Members
5/26/23 - AERWINS Appoints Katie Field and Pavan Gill to Board of Directors
"We are excited to welcome Katie Field and Pavan Gill to the AERWINS team as Independent directors," said Taiji Itoh, Chief Executive Officer of AERWINS Technologies Inc. "Ms. Field’s extensive experience in strategic consulting and her executive leadership roles in both public and private sectors will greatly benefit our company as we continue to navigate the public market journey. Mr. Gill’s extensive experience in project management, coupled with his strong engineering background, will greatly enhance our ability to execute strategic initiatives and drive sustainable growth. We are confident that their combined valuable insights and perspectives will contribute to our continued growth and success in the air mobility industry."
5/19/23 - AERWINS Appoints Fin.an.cial and Business Expert, Kiran Sidhu, to Board of Directors
“I am pleased to announce the addition of our newest board member, whom from both an operational and fin.an.cial perspective, brings to AERWINS diversified and high-quality experience in multiple industries, particularly from the vantage of public entities,” said Taiji Itoh, Chief Executive Officer of AERWINS. “He is highly respected in the fields of management, in-vest-ment, and leadership, and we look forward to working with him in meeting our corporate strategic goals. We are honored to have him lead our board as chairman and look forward to his invaluable contributions as we navigate the dynamic landscape of the macroeconomic environment.”
No. 4 AWIN Potential Catalyst - The Potential For Volatility Needs To Be On Watch (Relatively Low Float)
According to the Yahoo Finance website, AWIN has a relatively low float.
The website reports this profile to have approximately 36.63Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
Could more positive 2023 company news help provide a near term spark?
No. 5 AWIN Potential Catalyst - AWIN Builds Momentum In Recent Term, May Be Creating Strong Support Levels
Over the last 3 weeks, AWIN has been building momentum. Check it out: