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RNS Number : 3202D Oceansix Future Paths Ltd 15 February 2024
oceansix future paths Ltd. / Key word(s): Sustainability/Corporate Action
Oceansix Unveils Game-Changing Patent for Next-Gen Reusable Packaging System
15.02.2024 / 14:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Oceansix Files Provisional Patent for Groundbreaking Packaging System
Tel Aviv, Israel, February 06, 2024 - oceansix Future Paths Ltd. ("the Company
"or "oceansix (https://www.oceansix.com/) ") is a publicly-traded Company on
the TSX Venture Exchange in Toronto (TSXV: CUSIP 001194828, OSIX), in New York
(OTCQB: AKMYF), and Frankfurt Stock Exchange (WKN: A3EFB0, ISIN: IL0011948283,
5FC0). oceansix is a technology and manufacturing company on an environmental
mission, using plastic waste to create innovative products and build
transformative businesses. The company is headquartered in Israel and operates
a research and development centre and a production facility in Valencia,
Spain.
Oceansix Announces the Filing of a Provisional Patent Application for an
Innovative Package System
With a continuous commitment to executing its business plan, oceansix marks a
significant milestone in its journey towards revolutionising e-commerce
packaging. Filed earlier this year, this invention is poised to set new
standards in packaging efficiency and reusable systems.
Innovative Design for Sustainable Impact
The package, conceptualised by inventor Gat Ramon, features a unique design
that addresses the pressing environmental concerns of traditional single-use
packaging. It also solves the critical challenges companies face in ensuring
the protection of their items during transit without adding excessive weight
or bulk, thereby optimising shipping efficiency.
The packaging is also engineered to adapt to various product sizes,
eliminating the need for excess cushioning materials and significantly
reducing waste. With its ecological nature, it was designed to be manufactured
from recycled materials and to be reused for up to 100 cycles; therefore, it
fully aligns with oceansix's mission to foster sustainable practices across
industries, particularly businesses where packaging and e-commerce are at
their highest peak.
Addressing E-Commerce Challenges
Oceansix's package is specifically designed to mitigate the environmental
impact of e-commerce, targeting the waste generated by cardboard and plastic
materials. The project aims to reduce CO2 emissions and enhance reverse
logistics efficiency and cost-effectiveness, offering a scalable and
automated-compatible solution that incorporates future features like real-time
location tracking and unique identification with smart locking.
Oceansix Joins TheCircularLab's goCircular Radar for Circular Economy Excellence
Oceansix is honoured to announce its inclusion in the goCircular Radar
(https://radar.thecircularlab.com/en/) by TheCircularLab, Europe's
pioneering circular economy innovation centre. This distinction places
oceansix on the map of leading startups in Europe's circular economy sector,
highlighting the reusable packaging project's potential and opening avenues
for collaboration.
Oceansix Enhances Strategy with Expert Collaboration and New Incentive Options
In addition to our recent announcement about the packaging system, oceansix
has granted 300,000 options to a consultant, with a strike price of CAD 0.29,
valid for five years. This initiative is a key component of our broader
strategy to collaborate with experts whose insights and expertise are vital in
propelling our mission forward.
Join Oceansix
Oceansix invites stakeholders, partners, and the global community to join in
its vision of creating impactful and sustainable solutions.
For more information about oceansix and its pioneering projects, please
visit oceansix.com (http://www.oceansix.com/) and connect with us
on LinkedIn (https://www.linkedin.com/oceansix/) .
Best regards
Elad Hameiri, CEO | +34 673 435 571
oceansix future paths Ltd
Investor Relations
In (mailto:%20investors@oceansix.com) vestors
(mailto:%20investors@oceansix.com) @oceansix.com
(mailto:maximilian@oceansix.com)
About oceansix
oceansix Future Paths Ltd. is a leader in developing radical, sustainable
solutions and transforming waste into innovative products. Driven by a
circular model and a vision to tackle some of Earth's most pressing
challenges, oceansix combines advanced technology with sustainable practices
to create meaningful solutions and successful global businesses.
Disclaimer
This press release may contain forward-looking statements based on current
expectations and assumptions, subject to risks and uncertainties. Actual
results may differ materially from those anticipated in these statements.
oceansix assumes no obligation to update or revise any forward-looking
information.
Approval & Accuracy
Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
15.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News
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