Latest news with #FET
Business Wire
15-07-2025
- Business
- Business Wire
Forum Energy Technologies Announces Timing of Second Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its second quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, August 8, 2025. FET will issue a press release reporting its second quarter 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at Participants who want to ask a question during the call should register on FET's Investor Relations website page or click here to receive the dial-in numbers and a unique PIN. Participants are encouraged to join the call approximately ten minutes prior to the start time. A replay of the call will be available on the Investor Relations website beginning on August 8, 2025, at approximately 5:00 p.m. Central Time. FET is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world. For more information, please visit
Business Wire
16-06-2025
- Business
- Business Wire
Forum Energy Technologies Announces Appointment of Messrs. Aron H. Marquez and Mark W. Smith
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of Messrs. Aron H. Marquez and Mark W. Smith to its board of directors. Mr. Marquez will serve as a Class III director and as a member of the Nominating, Governance and Sustainability Committee, and the Compensation and Human Capital Committee. Mr. Smith will serve as a Class I director and a member of the Compensation and Human Capital Committee and the Audit Committee. Mr. Marquez currently serves as Executive Chairman of Wildcat Oil Tools, an international oil field services and technology company, which he founded in 2012. He is also a founder of various privately held enterprises. Mr. Marquez serves on the Board of Directors of Permian Resources, an independent oil and gas company, and First Tee of West Texas, a nonprofit organization that utilizes the game of golf to teach kids and teens life skills and character education. Mr. Smith is the former Chief Financial Officer of Helmerich & Payne ('H&P'), a position he held from June 2017 through his retirement in August 2024. Prior to H&P, Mr. Smith served as Chief Financial Officer of Atwood Oceanics, a publicly traded international offshore driller, until its merger with Ensco Plc in 2017. Before joining Atwood, he worked for approximately fifteen years in auditing and consulting services roles, including PricewaterhouseCoopers and Arthur Andersen where he led attestations for public audit clients. Mr. Smith is a Certified Public Accountant. Mr. Mike McShane, FET's Chairman of the Board of Directors, stated, 'On behalf of the entire FET board of directors, I would like to welcome Messrs. Marquez and Smith to our team. Their wealth of professional experience and perspectives will benefit FET as we navigate dynamic market conditions.' Mr. Neal Lux, FET's Chief Executive Officer, remarked, 'I am pleased that Messrs. Marquez and Smith are joining the FET team as independent directors. In addition to their professional experience, they have a thorough understanding of our customers' needs. Messrs. Marquez and Smith will provide an immediate benefit to FET.' FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial and renewable energy industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world. For more information, please visit
Indianapolis Star
16-06-2025
- Business
- Indianapolis Star
Interactive Strength Inc. (Nasdaq:TRNR) Closes Initial $55 Million Investment for Crypto Treasury Strategy and Begins Acquiring $FET
TRNR began acquiring $FET in the open market over the weekend ATW Partners and DWF Labs invested $55 million in initial closing AUSTIN, TX / ACCESS Newswire Interactive Strength Inc. (Nasdaq:TRNR), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it closed on the initial $55 million investment for its crypto treasury strategy on Friday, June 13 th and began acquiring $FET tokens in the open market over the weekend, due to crypto's 24/7 trading, through its custodian, BitGo. TRNR will continue to acquire $FET in the open market with the remaining net proceeds of the initial funding, and with any net proceeds from additional fundings from the $500 million facility as they are closed. The $FET purchases from the initial funding are expected to result in TRNR holding the largest publicly listed crypto treasury focused on an AI-token. $FET is a top-50 cryptocurrency and a top-5 AI-focused cryptocurrency by market capitalization according to The initial $55 million was invested by private equity firm ATW Partners and crypto market maker DWF Labs. For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR's investor website as well as its required filings with the U.S. Securities and Exchange Commission (SEC). TRNR Media Contact john@ TRNR Investor Contact ir@ About Interactive Strength Inc.: Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on NASDAQ (symbol: TRNR). CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR's design is compact and easy to move – making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. Channels for Disclosure of Information In compliance with disclosure obligations under Regulation FD, we announce material information to the public through a variety of means, including filings with the Securities and Exchange Commission ('SEC'), press releases, company blog posts, public conference calls, and webcasts, as well as via our investor relations website. Any updates to the list of disclosure channels through which we may announce information will be posted on the investor relations page on our website. The inclusion of our website address or the address of any third-party sites in this press release are intended as inactive textual references only. Forward Looking Statements: This press release includes certain statements that are 'forward-looking statements' for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as 'believe', 'project', 'expect', 'anticipate', 'estimate', 'intend', 'strategy', 'future', 'opportunity', 'plan', 'may', 'should', 'will', 'would', 'will be', 'will continue', 'will likely result' or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of acquiring future businesses or completing the referenced pending transactions in a timely manner or at all, the ultimate gross proceeds of the financing, the Company having the largest US publicly listed crypto treasury focused on an AI-token, and the financing strengthening the Company's financial flexibility, supporting the Company's AI and digital fitness ambitions, and increasing shareholder exposure to next-generation growth assets. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: whether ATW Partners and / or DWF Labs will invest further amounts, other US publicly listed companies' crypto strategies, and the price of $FET tokens. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements. # # #
Zawya
13-06-2025
- Business
- Zawya
4 most popular cryptos in 2025: BlockDAG, FET, BNB and ADA
When you're looking for the most popular cryptos in 2025, choosing the right time to buy is crucial. The current market in mid-2025 has many options, but only some projects offer strong basics, real uses, and good prices to enter. Making the right choice today could bring big profits before this year finishes. This guide looks at four coins that have these important features. Contents1. BlockDAG: Presale Gem with Huge ROI Potential 2. FET: AI Combines with Real Blockchain Uses3. BNB: Usefulness Throughout the Binance System4. ADA: Research-Based Development at Large ScaleFinal Remarks! BlockDAG stands out with its huge returns and strong presale success. FET is building real AI applications that work in the real world. BNB keeps growing as Binance's main token. ADA, even though it moves slowly, is making steady progress. Each project brings special benefits and works for different kinds of buyers. Let's look at these four digital coins and see why they're some of the best choices you can make right now. 1. BlockDAG: Presale Gem with Huge ROI Potential BlockDAG stands as one of the best options when you're searching for the most popular cryptos in 2025. Having raised over $294.3 million and sold more than 22.1 billion BDAG tokens, this presale has created huge excitement. Currently in Batch 28, it offers a special rate of $0.0018 per coin, the cheapest price since Batch 1. With an expected listing price of $0.05, buyers could see returns of 2,670%. Early buyers have already earned gains of over 2,520%. Strong user numbers show its power. The X1 Miner mobile app attracts over 1.5 million daily users who mine BDAG straight from their phones. This app includes zero gas costs, daily rewards, referral bonuses, and streak prizes, making it easy for new users. BlockDAG's system works with EVM and supports simple smart contracts, letting many developers join. For safety, both CertiK and Halborn have checked and approved it. Business partnerships with Inter Milan and a planned NBA deal are building trust and getting attention. Some worry about price swings after launch and untested management, but current numbers show strong future potential. With the upcoming GO LIVE reveal, record-breaking presale and sports partnerships, BlockDAG (BDAG) is emerging as one of the most popular cryptos in 2025, offering good entry prices, verified safety checks, and real community support. 2. FET: AI Combines with Real Blockchain Uses (FET) brings together blockchain and artificial intelligence to handle real-world jobs in shipping, money, and IoT systems. This project lets users build AI-powered helpers that do independent deals and tasks. This method is getting interest from companies wanting to cut waste and improve efficiency. FET's network is already being tried in real applications, which gives it benefits over AI-token projects that only exist in theory. FET also gains from increasing focus on AI, which is growing fast in 2025. It keeps adding new connections while staying affordable for buyers. The system's focus on helper-based automation makes it special among current crypto choices. When you're looking for the most popular cryptos in 2025 with AI-powered uses, FET should be on your list. Its strong basics, growing developer work, and special focus make it a smart pick for buyers wanting practical uses and long-term growth. 3. BNB: Usefulness Throughout the Binance System BNB stays one of the strongest assets connected to real uses, working across Binance's exchange, Smart Chain, and services. People use it for trading discounts, staking, and system rewards. The Binance Smart Chain keeps hosting many applications, from DeFi to meme tokens, making BNB very active on-chain. With token burns cutting total supply, BNB also has a built-in value plan. Binance's worldwide reach gives BNB steady demand despite local rule challenges. It's also connected to many outside platforms, boosting its trading ease and access. For those who want stability with high usefulness, BNB remains among the most popular cryptos in 2025. While it might not give the biggest gains, its steady demand, huge system, and utility-first approach make it a reliable choice. Buyers seeking performance with less price swings often see BNB as a solid long-term holding. 4. ADA: Research-Based Development at Large Scale Cardano (ADA) uses a peer-reviewed, academic method for blockchain building. Unlike faster-moving projects, Cardano picks steady updates and formal research before adding upgrades. This method makes it more dependable for developers wanting predictability and stability. In 2025, ADA is pushing deeper into governance, smart contracts, and identity solutions. Its DeFi system, though still growing, is starting to see more user activity. Projects are appearing around real-world uses such as education and sustainability. While not focused on hype cycles, ADA stays active in areas where long-term blockchain solutions are needed. Its staking system also lets users earn passive income while supporting network operations. For those interested in the most popular cryptos in 2025 with solid foundations and a thoughtful roadmap, Cardano remains a worthy pick. It's especially attractive to long-term buyers focused on steady, secure growth over quick flips or speculation. Final Remarks! Picking the most popular cryptos in 2025 needs a mix of timing, usefulness, and real growth. BlockDAG offers a rare chance for early entry with a $0.0018 token price, 1.5 million daily users, $294.3 million raised, and a major launch coming with the GO LIVE reveal. FET is already using AI in practical ways, giving it strong real-world value. BNB remains the backbone of Binance's system with ongoing burns and wide usefulness across DeFi and trading. ADA, with its academic method and reliable upgrades, is perfect for long-term holding. Each of these four coins provides a unique advantage, making them smart choices for buyers. Add them to your watchlist if you're planning your next strategic move in crypto. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
Yahoo
12-06-2025
- Business
- Yahoo
Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy
HOUSTON, Texas, June 12, 2025--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system ("SRV") for use by the Indonesian Navy. The contract comprises an SRV, a launch and recovery system, and a decompression system. Neal Lux, President and Chief Executive Officer, remarked, "With 50 years of experience, FET has pioneered the development of manned and unmanned submersibles, and has supplied defense equipment and services to various countries across Europe and Asia. Our cutting-edge technologies remain at the forefront of the subsea sector and the safety systems of choice for military and naval forces around the world. This award also showcases the breadth of our product portfolio and extensive technology capabilities across many differentiated end markets. Building on our successful track record, we are excited to work on this important project." Product Details: The new LR600 model SRV, a piloted rescue submersible, will be capable of operating at depths of up to 605 meters, carrying 20 people, and will be fully integrated with a hyperbaric rescue facility. The SRV will also utilize the latest technologies to locate a distressed submarine and quickly transfer personnel. State of the art sensors and sonar are fully embedded into the FET systems to deliver advanced functionality, including automatic depth, heading, and piloting capabilities. Sea trials are planned for 2028. The SRV will be built at FET's Kirkbymoorside, Yorkshire, England facility and the bespoke LARS will be manufactured at FET's Bryan, Texas facility. FET® is a global manufacturing company, serving the oil, natural gas, industrial and renewable energy industries. With headquarters located in Houston, Texas, FET provides value added solutions aimed at improving the safety, efficiency, and environmental impact of our customers' operations. For more information, please visit View source version on Contacts Rob KuklaDirector Investor Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
