Carbon Revolution PLC

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Carbon Revolution Plc engages in the manufacturing of advanced carbon fiber wheels. The firm is currently supplying wheels to the automotive market for vehicles and SUVs and is developing wheels for EVs under contract for its OEM customers. The company is headquartered in Dublin, Ireland.

Record Preliminary Fiscal Second Quarter Revenue of Approximately US$14.8 Million, up 177% Year-Over-Year Record Preliminary Fiscal Second Quarter Revenue of Approximately US$14.8 Million, up 177% Year-Over-Year

Carbon Revolution Announces Preliminary Fiscal Second Quarter Results

GEELONG, Australia, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology carbon fiber automotive wheels, today announced the appointment of Chris Recktenwald as Vice President, Procurement and Supply Chain, to lead strategic procurement and supply chain initiatives for Carbon Revolution globally. Before joining Carbon Revolution, Recktenwald held multiple senior positions over his 10 years at Ford Motor Company, including, most recently, Global Director, Exterior and Structural Systems Purchasing.

Carbon Revolution Appoints Chris Recktenwald to Lead Strategic Procurement and Supply Chain

Company Made Continued Strong Progress Ramping Mega-line Capacity and Throughput Production Jumps 84% from Prior Half (H1 CY2023) The December quarter of 2023 Was Highest Wheel Production Quarter in Company History GEELONG, Australia, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”) a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced today that wheel production, as measured by wheels boxed for shipment, more than tripled in Q4 CY2023 from the year ago period and rose 84% in the second half of CY23 versus the previous half as the Company made strong progress ramping Mega-line capacity and throughput. To fulfill the growing demand from Carbon Revolution's OEM customers, capacity and throughput of the Company's manufacturing facility grew steadily quarter on quarter during calendar 2023.

Carbon Revolution plc Wheel Production More Than Tripled in Q4 CY2023 from Previous Year Quarter

– Issues Outlook For Fiscal Second Quarter Revenue –– Conference Call and Investor Presentation Available on IR Site –

Carbon Revolution Provides Business Update

Carbon Revolution (NASDAQ: CREV ) stock is falling on Wednesday after the company announced plans for a conference call. A press release from Carbon Revolution reveals that the company intends to hold a conference call on Dec. 12.

Why Is Carbon Revolution (CREV) Stock Down Today?

GEELONG, Australia, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that the Company will provide a business update on December 12, 2023, on a conference call hosted by management at 5:00 p.m. (Eastern Time).

Carbon Revolution Announces First Fiscal Quarter FY2024 Business Update Conference Call Date

Carbon Revolution plc Awarded Program by Premium Brand of Major German Automaker One of Two Previously Announced OEM Programs Awarded in Recent Months

Carbon Revolution plc Awarded Program by Premium Brand of Major German Automaker

Management to Meet with Investors on November 16 in New York City Company Provides Share Count and Cash Position

Carbon Revolution Issues Investor Presentation Ahead of Appearance at 14th Annual Craig-Hallum Alpha Select Conference

Carbon Revolution (NASDAQ: CREV ) stock is on the rise Monday after the company's shares made their public debut on Friday. Carbon Revolution stock went public through a merger with special purpose acquisition company (SPAC) Twin Ridge Capital Acquisition Corp. The company's focus is on the creation of lightweight carbon fiber wheels.

Why Is Carbon Revolution (CREV) Stock Up 362% Today?

GEELON, Australia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (“Carbon Revolution” or the “Company”) a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, today announced that it has received an initial investment of US$70 million from a Structured Equity Facility of up to US$110 million from fund vehicles associated with Orion Infrastructure Capital (“OIC”), a leading infrastructure investment firm. Of the initial investment of US$70 million, US$35 million is immediately available to the Company and the remaining US$35 million was funded into an escrow account, subject to release upon satisfaction of certain milestones as described below.

Carbon Revolution Receives Initial Funding of $70 million from the OIC Structured Equity Facility

Twin Ridge Capital Acquisition Corp

GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, previously announced the closing of its business combination with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) and commencement of trading today on Nasdaq under the symbol “CREV”. Carbon Revolution effectuated a 10-to-1 share consolidation (NYSE: TRCA to Nasdaq: CREV) through the exchange ratio at closing of the business combination.

Carbon Revolution plc Clarifies Share Consolidation

GEELONG, Australia, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Carbon Revolution plc, parent of Carbon Revolution Limited (the “Company” or “Carbon Revolution”), a Tier 1 OEM supplier and a leading global manufacturer of lightweight advanced technology carbon fiber wheels, announced that its stock will begin trading today on Nasdaq under the symbol “CREV” following the business combination of the Company with Twin Ridge Capital Acquisition Corp. (“Twin Ridge”) today. Joining the board of Carbon Revolution plc after the business combination are four U.S.-based senior automotive executives including former General Motors Vice Chairman Bob Lutz who has held executive positions at General Motors, Chrysler, and Ford Motor Company.

Carbon Revolution plc Begins Trading Today on Nasdaq Under the Symbol “CREV”

News for Carbon Revolution PLC Stock (CREV)