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Cyberlux Corp CYBL

Cyberlux Corporation is engaged in developing, manufacturing and marketing long-term portable lighting products for commercial and industrial users. It supplies its products to the Department of Defense. The Company has four business units, including Unmanned Aircraft Solutions (UAS); Defense Software Solutions (DSS); Infrastructure Technology Solutions (ITS), and Advanced Lighting Solutions (ALS). The UAS business unit provides a Military-Grade Hardware and Software Guidance System Platform with Enhanced Infrared Night Vision; Thermal Sensor technology; Eye-in-the-Sky Monitoring; LiDAR Mapping and Perception; and ongoing Strategic Intellectual Property (IP) development with Strategic Partner technology. The DSS business units include UAS Guidance System Software; UAS Service Support Software; and Telecommunications, Data Center and Data Analytics Application Solutions with ongoing technology and Strategic IP development. ITS business units offer Infrastructure Hardware capabilities.


PINL:CYBL - Post by User

Post by AveragePennyon Mar 11, 2022 1:31pm
106 Views
Post# 34507259

Cyberlux Corporation (OTC PINK:CYBL) Exceeds its February

Cyberlux Corporation (OTC PINK:CYBL) Exceeds its February

"Dear CYBL Community, we are witnessing our advanced technology platform strategy yield the results we imagined when we put the Operation Alpha plan in action during Q3 2021. With the four business units we now have and the markets we now serve, including our Digital Platform Solutions team and our FlightEye Unmanned Aircraft Systems team, I am truly excited with our February revenue performance. For the month, we exceeded our 2022 February revenue plan of $1.5 million by 41% and posted our best month ever with our $2.12 million revenue results. This also puts us well over $1 million ahead of our internal year-to-date goals for achieving our $45 million revenue outlook for the 2022 full year.

As I've said before, we generally see Cyberlux business and revenue building through the year from Q2 to Q4, with Q1 being a fraction of the full year results. The Operation Alpha acquisition strategy and the 2022 Fast Start program we're executing are driving the Company to grow at an amazing rate month-to-month, across all our business units. Over the last six months, the addition of the FlightEye drone team with GM Larson Isely, the infrastructure business with the FBD Group and the HAVAS team, the Digital Platform Solutions team under GM Igor Stanisavljev with both the Kreatx and the DAS teams, and the stellar Chris Damvakaris as our Chief Revenue Officer, our team is driving the Cyberlux company forward as a global enterprise like we've never seen before. Each month we now see the results of Cyberlux participating in the $1 trillion global markets we serve and building growth in revenue and profit month after month.

For the seventh consecutive month, we have exceeded our expected revenue performance and the continued growth we've seen from January to February is exceptional. During the last seven months, we have ramped revenue growth to almost $12 million cumulatively and set the course to achieve our 2022 outlook and grow to the $2 billion company we expect Cyberlux to become. While we have been in difficult OTC market ‘risk off' conditions over the last few months, we are truly just getting started and just beginning to see the results of the first phase of our growth plans. Each Cyberlux manager, across the four business units, is incented by growth in shareholder value and we are aligned with the CYBL shareholder community in everything we do. As we move forward this year, quarter by quarter, we believe the market will recognize the shareholder value we are delivering, see the enormous opportunity in markets like the digital transformation market and the UAS market, and understand why our exponential company growth is just beginning. Let's go!

https://www.accesswire.com/692610/cyberlux-corporation-otc-cybl-exceeds-its-february-revenue-plan-by-41-and-records-11-month-to-month-growth-to-drive-the-companys-key-accomplishments-for-the-month-of-february-2022

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