FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “NEXE Developing Compostable Single-Use Facemasks”
NEXE Innovations Inc. (OTC: NEXNF) (TSX-V: NEXE) (“NEXE” or the “Company”), a leader in innovative plant-based materials science and manufacturing technologies, has begun the development and prototyping of a compostable disposable facemask (the “NEXE Mask”) in response to the ongoing COVID-19 pandemic. In developing the NEXE Mask, NEXE will leverage existing collaborations in polymer science, plant-based materials, and municipal composting that were utilized for its NEXE pod. To support this goal, NEXE has also initiated new collaborations with leaders in healthcare and personal protective equipment (PPE).
NEXE Innovations Inc. is a leader in plant-based compostable technology and advanced materials manufacturing based in British Columbia, Canada. The company has developed one of the only patented, fully compostable, plant-based, single-serve coffee pods for use in leading single-serve coffee machines. The proprietary NEXE pod is designed to reduce the significant environmental impact caused by single-serve pods, >40 billion of which are discarded every year. With over $35M raised to date from equity and government funding and over five years of R&D, NEXE is well-positioned to meet the growing demand for environmentally friendly and sustainable products in the single-serve coffee sector and beyond.
For more information, please visit: NEXE Innovations Inc.
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