공시 • Jun 06
Genesis Electronics Group, Inc. Announces New Rail Testing and Safety Inspection Capabilities on its Gliders Genesis Electronics Group, Inc. announced that it will be building bleeding-edge rail inspection and safety testing technology within its Glider units, allowing the transmission of critical safety data back to Glid operators and railroad owners. In pursuit of commitment to safety, Genesis Electronics Group would like to announce one of the key features provided in Glider units. Each unit pair will be equipped with rail inspection capabilities allowing for the ability to detect rail defects by inspecting track condition rail profile, and other hazards using NDE/T (Non-Destructive Evaluation/Test) technology and methods. The system is comprised of high-quality point-tilt-zoom (PTZ) camera systems and 3DLOC software which enables the Glider to geotag data during the inspection and download it directly to Glid's database as a part of GLaaS (Glider-as-a-Service) product offering. This allows the Glider to inspect the rail and track as it traverses to its destination, while providing a comprehensive report on its findings to the customer and the rail owner as a part of the service which will enable each to plan outages more precisely and efficiently, resulting in reduced down time and lost revenue. Traditionally, rail tracks are inspected by human inspectors and/or manually operated machines called track recording vehicles (TRVs). When the process is conducted by human inspectors, it requires them to walk along tracks and conduct measurements manually using track gauge meters coupled with visual surveys. This kind of inspection is labor-intensive (subjecting the inspector to bad weather conditions), time-consuming, costly, dangerous, and offers discrete information and subjective results. When using TRVs or inspection trolleys, the rail inspection is conducted requiring at least two human inspectors present. Given the high cost of the equipment and labor associated to run the test, most tracks may not be inspected frequently enough to identify potential safety hazards. With Gliders, rail can be inspected each time the Glider goes down the track, so that manual or more thorough inspections and repairs can be made. 공시 • Feb 14
Genesis Electronics Group Inc. Announces Executive Changes Genesis Electronics Group Inc. announced that It has appointed Kevin Damoa as the New Chief Executive Officer. Mr. Damoa is an experienced Operations Professional and military veteran with a demonstrated history of working in the Aviation & Aerospace, Electrification, E-Mobility, and Defense industries. Mr. Damoa has held critical leadership positions at early start ups and well-established corporations. His history includes Flight Module Logistics Management at SpaceX, Integration Project Manager at Northrop Grumann, Vice President at Romeo Power Technology, Vice President at XOS Trucks, Logistics & Safety Director at Canoo, and VP of Operations at Serial 1 Cycle Company. Mr. Damoa is skilled in Operations Management, Program/Project Management, Compliance Engineering, Logistics Operations, Team Building, Organizational Leadership, and Mechanical/Structural Design. This background and experience will be instrumental in the production of Gliders and development of business plan. Prior to his appointment as CEO, Mr. Damoa was a Strategic Advisor to the Board of Directors. During his time as Strategic Advisor, it became apparent that Mr. Damoa contained the skills, experience and personality to lead the Company into this next exciting chapter of Company growth. As part of the appointment of Mr. Damoa as CEO, Braden Jones will resign as CEO but remain Chairman of the Board. 공시 • Nov 02
Genesis Electronics Group, Inc. Announces Jack Hedge as Strategic Advisor to the Board Genesis Electronics Group, Inc. announced that It has formally added Jack Hedge as a Strategic Advisor to the Board of the Company. Jack has had a distinguished career in the transportation industry where he was recently President of the Utah Inland Port Authority. He became President in June of 2022 after serving as Executive Director since June 2019. His main priority was to develop and build one of the nation’s leading sustainable intermodal logistics hubs that will help prepare for, support, and manage Utah’s continuing economic growth. Mr. Hedge was previously the director of cargo and industrial real estate for the Port of Los Angeles. In this role, Mr. Hedge led the development, leasing, and asset management functions of the largest container port complex in North America, managing a $4 billion portfolio and more than $270 billion in cargo annually. Mr. Hedge’s previous roles include real estate and asset management director for the Port of Tacoma, managing director for North American Energy Services Capital, and Development Manager at Enserch International LTD. 공시 • Oct 27
Genesis Electronics Group, Inc. (OTCPK:GEGI) acquired Glid, LLC for $4 million. Genesis Electronics Group, Inc. (OTCPK:GEGI) acquired Glid, LLC for $4 million on October 26, 2022. The Company authorized $2,000,000 of the purchased price to be paid in the form of convertible preferred stock and $2,000,000 of the purchase price in the form of a convertible note. Braden Jones, Chief Executive Officer of Genesis Electronics Group, Inc., is also a co-founder of Glid, LLC.
Genesis Electronics Group, Inc. (OTCPK:GEGI) completed the acquisition of Glid, LLC on October 26, 2022. 공시 • Aug 30
Genesis Electronics Group, Inc. Announces Kasey Evans as Strategic Advisor to the Board Genesis Electronics Group, Inc. announced that it has formally added Kasey Evans as a strategic advisor to the board of the company. Mr. Evans’ experience originally comes from the trucking and transportation industry where he held leadership roles at PACCAR, Pilot Thomas Logistics, and Autocar Trucks. He has worked with various venture capital firms and has become a seasoned investor in some of the hottest mobility innovation companies. Mr. Evans is an expert in rapid and sustainable growth. He is a dynamic and innovative leader experienced in sales, business development, negotiations, mergers & acquisitions, finance, asset management, expense reduction, and general management. 공시 • Jun 23
Genesis Electronics Group Announces Kevin Damoa as Strategic Advisor to the Board Genesis Electronics Group, Inc. announced that It has signed an agreement to add Kevin Damoa as a strategic advisor to the Board. Mr. Damoa is an experienced Operations Professional and military veteran with a demonstrated history of working in the Aviation & Aerospace, Electrification, E-Mobility, and Defense industries. Mr. Damoa has held critical leadership positions at early start ups and well-established corporations. His history includes Flight Module Logistics Management at SpaceX, Integration Project Manager at Northrop Grumann, Vice President at Romeo Power Technology, Vice President at XOS Trucks, Logistics & Safety Director at Canoo, and VP of Operations at Serial 1 Cycle Company. Mr. Damoa is skilled in Operations Management, Program/Project Management, Compliance Engineering, Logistics Operations, Team Building, Organizational Leadership, and Mechanical/Structural Design.