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Business Upturn
05-06-2025
- Business
- Business Upturn
ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Catches Wall Street's Attention, Offers Sustainable Way to Gain Exposure to Gold
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — via InvestorWire — ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) today announces its placement in an editorial published by NetworkNewsWire ('NNW'), one of 70+ brands within the Dynamic Brand Portfolio @IBN , a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. To view the full publication, 'Wall Street Targets Breakout Gold Producers as Bull Market Accelerates,' please visit: With gold soaring past $3,000 per ounce in May 2025 — outperforming NASDAQ, the S&P 500, and even bitcoin — Wall Street's attention is shifting. As U.S. debt-to-GDP climbs above 120% and real interest rates remain negative, gold continues to prove itself as the market's most dependable hedge. Yet for institutional investors, traditional holdings such as bullion and ETFs no longer offer enough upside. Today's focus is on leverage, scalability and consistent cash flow, providing an ideal opportunity for a new kind of mining company such as ESGold Corp., which offers clean balance sheets, high internal rates of return (IRR) and scalable, revenue-generating operations. As central banks accelerate gold purchases and financial markets seek sustainable ways to gain exposure to the metal, ESGold presents an attractive option. About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) is a fully permitted preproduction resource company at the forefront of clean mining and exploration innovation. With proven expertise in Quebec, the company is advancing its projects toward production and feasibility while delivering long-term value through sustainable resource recovery and exploration. ESGold's flagship Montauban property, located 80 kilometers west of Quebec City, serves as a model for responsible mining practices, combining near-term production with district-scale discovery potential. For further information about ESGold Corporation, please visit ESGold Profile About NetworkNewsWire NetworkNewsWire ('NNW') is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge. For more information, please visit Please view full terms of use and disclaimers on the NNW website applicable to all content provided by NNW, wherever published or re-published: NetworkNewsWireNew York, NY 212.418.1217 Office [email protected]
Yahoo
04-06-2025
- Business
- Yahoo
Next Gold Powerhouse Emerges as Prices Break Records
NetworkNewsWire Editorial Coverage NEW YORK, June 4, 2025 /CNW/ -- As gold surges to record highs above $3,000+ per ounce in May 2025 — outpacing the S&P 500, NASDAQ and even bitcoin—Wall Street's focus is shifting. With U.S. debt-to-GDP now exceeding 120% and real interest rates still historically negative, gold has reaffirmed its role as the market's most reliable hedge. But for institutional investors, bullion and ETFs aren't enough anymore. What they want now is leverage, scalability and cash flow. That's why the spotlight is turning toward a new class of near-term gold producers: companies with clean balance sheets, high internal rates of return (IRR) and operational models designed to scale and generate recurring revenue — companies like ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (Profile). With central banks buying more gold than ever and financial markets hungry for sustainable exposure to the yellow metal, the next wave of institutional capital is hunting for precisely the kind of scalable, cash-flow-driven opportunity that ESGold offers. With its focus on offering investors a viable pathway to include gold in their portfolios, ESGold joins an elite group of companies — including BHP Group Limited (NYSE: BHP), Barrick Mining Corporation (NYSE: B) (TSX: ABX), Agnico Eagle Mines (NYSE: AEM) and Wheaton Precious Metals (NYSE: WPM) — that are committed to being leaders in the mining space. ESGold is based on a replicable growth model, built for scale and designed to overcome the high failure rate among junior miners. With funding in place, the company has begun on-site construction and assembly at Montauban. ESGold remains laser focused on achieving its dual-track strategy: near-term gold and silver production paired with district-scale exploration. Amid this forward momentum, ESGold remains constantly committed to clean-processing initiatives. Click here to view the custom infographic of the ESGold editorial. A Clear Path to Near-Term Production "The best place to go if your faith in the [U.S.] dollar diminishes is gold as a reserve currency," stated billionaire hedge fund manager John Paulson ( Forecasting that central bank gold buying and global trade tensions are likely to push bullion prices to near $5,000 an ounce by 2028, Paulson is confident that "gold will increase its position in the world." Paulson is not alone in his thinking. Historically a popular asset that investors often use as a hedge against various economic and market risks, gold continues to be a viable option for savvy investors in today's fragile economic setting. However, many retail and institutional investors are looking past large caps and ETFs, turning instead to permitted, low-capex production stories with built-in scalability. The problem? The gold mining space is inundated with exploration and development stories, but most are stuck in endless exploration or bloated development cycles. Wall Street is tired of the "drill and pray" model; smart investors are hunting for permitted projects (derisked), visible production timelines, clean capital structures, tight floats and replicable growth models. Enter ESGold Corporation, a preproduction resource company on a clear path to near-term gold and silver production. ESGold represents the very opportunity that gold-focused minds want. The company is based on a replicable growth model, built for scale and designed to overcome the high failure rate among junior miners. The company sets itself apart by adopting a business model focused on revitalizing underutilized historic mining sites with existing infrastructure. This strategy translated into reduced capital expenditure by leveraging existing infrastructure and minimizing the need for substantial new investments, as well as lower operational risks as established sites often come with known geological data, reducing exploration more than 500,000 legacy mine sites in the United States and 10,000-plus mines in Canada ( there are more than enough opportunities for growth and expansion. ESGold is targeting only the most economically viable and strategically located projects — those with existing infrastructure, high-value tailings or clear pathways to near-term production. This selective, data-driven approach allows ESGold to scale responsibly, deploying capital into projects that offer the highest potential returns with the lowest development risk. Fully Funded, Fully Permitted Earlier this year, ESGold closed on C$3.45 million financing earmarked to advance its Montauban Project toward production ( This successful closing marked a pivotal point for the company, providing the necessary capital to initiate mill circuit construction and mobilize the final phase of development at Montauban. Located in Quebec, Montauban is a past-producing gold-silver mine with surface and underground mineralization and more than 900,000 tons of historical tailings. Unlike many juniors still chasing permits and timelines, ESGold and its Montauban Project is fully permitted for gold and silver production. This derisks the path to revenue, placing the company among the few in the junior space with near-term operational visibility. With the regulatory groundwork already complete, delays, dilutions and permitting risks are reduced, and ESGold can move toward production. "This financing represents a major inflection point for the company," said ESGold president Brad Kitchen, who noted that the financing supports the company's broader strategy to become one of Canada's next gold and silver mining producers through near-term production and long-term district-scale exploration. "With construction and processing circuit assembly now advancing, we are delivering on our commitment to build a scalable, profitable mining operation in one of the best jurisdictions in the world." Moving Decisively Forward With much of the funding in place, ESGold has already begun on-site construction and assembly at Montauban, a key milestone that moves the company into the execution phase of its accelerated production strategy, targeting near-term cash flow within the next six months ( The construction and mobilization stage is expected to last about a month. According to the company, this is the final major phase of infrastructure development before production begins, transforming Montauban from a legacy mine site into one of Canada's next active gold and silver operations. "This is the moment we've been working toward — breaking ground and moving decisively toward gold and silver production," said Kitchen. "Our team, contractors and stakeholders are aligned and energized to deliver on our strategy. We are building a clean, scalable and modern operation that reflects the new era of mining in Quebec. With production targeted for Q4, Montauban is on track to become a model for sustainable redevelopment of legacy mines." At current gold and silver prices, this operation is expected to deliver robust margins, giving ESGold the rare opportunity to self-fund exploration, acquisitions and growth while protecting shareholder equity. Achieving Dual-Track Strategy Following completion of the construction and assembly phase, ESGold plans to immediately advance into the next phase of mill circuit installation and commissioning. With permits in hand, infrastructure in place and funding secured, ESGold remains laser focused on achieving its dual-track strategy: near-term gold and silver production paired with district-scale exploration. ESGold will begin with reprocessing tailings. According to the company, the Montauban property presents a unique opportunity to transform legacy tailings into valuable resources using modern milling techniques while also restoring the environment ( The company plans to start at the Anacon Lead 1 tailings site, which will be reprocessed and fully remediated as part of ESGold's commitment to responsible mining. In addition, the company is evaluating four other tailings sites as potential sources of modern mill feed, maximizing resource efficiency and sustainability. ESGold's vision extends beyond reprocessing. The company believes that underlying hard-rock mineralization, previously mined, holds untapped potential. Through modern systematic exploration, the company plans to build a long-term resource base, ensuring a continuous supply of mill feed after tailings have been fully processed. ESGold projects initially processing 150,000 tonnes of ore annually, with expectations of scaling up to 300,000 tonnes. With that in mind, the company recently completed an internal review of its 2015 VTEM survey data and historic drill database, which confirms the presence of a large-scale geophysical anomaly in the southwestern portion of the Montauban project ( This area has not been drill tested, and ESGold has identified the zone as a high-priority target for future exploration. To validate this potential, ESGold is also finalizing a comprehensive 3D geological model, the first in the project's 110-year history. This model will integrate 2015 VTEM and TMI data; more than 950 historical drill holes and 18,000-plus Au, Ag and Zn assays; structural interpretation from geophysical and geological mapping; and data from an ANT (Ambient Noise Tomography) survey data. The ANT survey, which has been tested to 800 meters in imaging depth, is expected to provide key insight in determining the true scale and continuity of the southwestern anomaly, as well as additional zones of interest. "The southwest anomaly represents a technically interesting and previously untested zone at Montauban," said Kitchen. "While our primary focus remains on advancing toward near-term production, the evolving geophysical model and recent land expansion are beginning to reveal a much broader opportunity. With a growing dataset, disciplined exploration approach and a pathway to self-funded discovery, ESGold is well positioned to pursue both production and the longer-term potential of the Montauban system." Because ESGold's initial revenue is coming from tailings reprocessing, exploration isn't the only driver of valuation, it's the upside. That means the company can grow its resource base without being forced to finance through dilution at every drill stage, a rarity in the junior market. Committed to Sustainability Amid this forward momentum, ESGold remains constantly committed to clean-processing initiatives. The company recently reported results of testing that assessed the applicability of the Dundee Sustainable Technologies CLEVR Process(TM), a noncyanide, environmentally friendly, gold-recovery technology, on legacy tailings material from the Montauban Project ( The technology is designed to enhance recovery rates and minimize environmental impact, an approach that is solidly aligned with Quebec's strong support for mining innovation and sustainability. It also positions the company to benefit from government grants for clean extraction and remediation. Results of the testing indicate high gold-recovery potential using the CLEVR Process, with gold recovery of more than 90.9%, following an oxidation pretreatment process. The company noted that the results provide preliminary insights into the applicability of this technology at the Montauban Project. The company anticipates further studies to confirm economic feasibility. "We don't just talk about sustainability; we aggressively pursue it," Kitchen noted. "ESGold is advancing a cleaner future for mining by collaborating with industry leaders and academic institutions to transform extraction technologies. Our initiatives aim to balance environmental stewardship with economic returns, setting a new standard for mining innovation." Redefining the Future ES Gold joins an array of forward-thinking companies in the mining space dedicated to proving that sustainability and shareholder performance are not mutually exclusive. These industry leaders are integrating environmental stewardship with strong financial policies, innovative technology and savvy business strategies to set a new standard for the mining sector. BHP Group Limited (NYSE: BHP) just announced that it has established its first industry AI Hub ( The company noted that the hub is located in Singapore and is designed "to accelerate digital transformation and AI adoption in the mining and resources sector." The company said the hub will "focus on solving BHP enterprise-wide challenges using AI technologies to improve safety and lift productivity. Once established . . . the hub of BHP AI specialists will look at further integration of data-driven decisions, intelligence and automation into the company's core operations." Barrick Mining Corporation (NYSE:B) (TSX:ABX), a sector-leading gold and copper producer, just released its 2024 sustainability report, which reinforces the company's strong position in the mining space "by driving economic growth, enabling social progress and protecting the environment" ( Titled "Beyond the Horizon," the report provides an overview of the company's transformation from its 2019 merger "to becoming a leader in responsible mining, underscoring its commitment to sustainability-driven growth, community empowerment and environmental stewardship, focused on long-term value creation and measurable outcomes." Agnico Eagle Mines (NYSE:AEM), a Canadia-based and led senior gold mining company and the third largest gold producer in the world, recently completed the acquisition of 100% of the outstanding common shares of O3 Mining "pursuant to the amalgamation of O3 Mining and Agnico Eagle Abitibi Acquisition Corp., a wholly owned subsidiary of Agnico Eagle, making O3 Mining a wholly owned subsidiary of Agnico Eagle" ( O3 Mining is a gold explorer and mine developer in Québec, adjacent to Agnico Eagle's Canadian Malartic mine. Its principal asset is the Marban Alliance project, which the company has advanced over the last five years to the cusp of its next stage of development, with the expectation that the project will deliver long-term benefits to stakeholders ( Wheaton Precious Metals (NYSE: WPM), one of the world's premier precious metals streaming company, was named to this year's Corporate Knights' Global 100 Most Sustainable Corporations list ( The list recognizes companies that are focused on responsible behavior and sustainable revenue generation. "We are proud to be recognized for our commitment to excellence in ESG practices both in our own offices and alongside our mining partners, who have a strong track record in responsible mining," said Randy Smallwood, Wheaton president and CEO. "We have an incredible team at Wheaton and are advancing our work with mining partners to deliver the commodities our society needs." As global demand for critical resources, particularly gold, continues to rise, the need for responsible, effective mining practices has never been greater. The companies that successfully balance sustainability with strong shareholder returns are not only meeting today's challenges—they're shaping the future of the industry. For further information about ESGold Corporation, please visit ESGold Profile About NetworkNewsWire NetworkNewsWire ("NNW") is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge. For more information, please visit Please view full terms of use and disclaimers on the NNW website applicable to all content provided by NNW, wherever published or re-published: NetworkNewsWire is powered by IBN DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements. NetworkNewsWireNew York, OfficeEditor@ Logo: View original content to download multimedia: SOURCE NetworkNewsWire View original content to download multimedia: 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
Yahoo
10-04-2025
- Business
- Yahoo
AI-Powered Service Robots Redefine Hospitality as Industry Innovators Lead the Charge
NetworkNewsWire Editorial Coverage NEW YORK, April 10, 2025 /CNW/ -- Facing ongoing labor shortages and rising consumer demands, the hospitality and food service sectors are increasingly turning to artificial intelligence (AI)-driven service robots. These cutting-edge technologies are helping hotels, restaurants, and cafes streamline operations, lower costs, and elevate customer experiences. As the hospitality robotics market is expected to surge to $65.4 billion by 2032 ( robotic innovations are swiftly becoming central to addressing workforce gaps and modernizing service delivery. Nightfood Holdings Inc. (OTCQB: NGTF) (profile) is at the forefront of this evolution—not merely as a tech player, but as a hospitality veteran. With operational oversight of more than 130 hotels and the development of over 50 properties, Nightfood's leadership brings deep-rooted industry expertise, enabling the company to implement robotic solutions with greater agility and impact than many traditional technology firms. Other companies committed to transforming their sectors through robotics include Inc. (NASDAQ: AMZN), Intuitive Surgical Inc. (NASDAQ: ISRG), Richtech Robotics Inc. (NASDAQ: RR) and Serve Robotics Inc. (NASDAQ: SERV). AI-driven service robots are gaining momentum as a game-changing tool in a range of different industries. With a strong acquisition strategy in place, Nightfood Holdings is focused on securing assets that support scalable growth and broaden its reach in the hospitality sector. Nightfood is also leveraging high-impact partnerships to reinforce its leadership in the hospitality robotics sector. Redefining Hospitality with Robotic Innovation As the hospitality and food-service sectors face mounting challenges in 2025—most notably labor shortages and rising guest expectations—industry leaders are turning to technology for sustainable solutions. A report by the American Hotel & Lodging Association reveals that 76% of hotels are still struggling to fill staff roles, with many increasing wages and offering flexible work arrangements to stay competitive ( To address these operational pressures, AI-driven service robots are gaining momentum as a game-changing tool. From hotels to cafés, these intelligent machines are streamlining workflows, cutting costs, and elevating the customer experience. With the hospitality robotics market projected to grow at a CAGR of 17.89% through 2032, automation is quickly becoming a cornerstone of modern hospitality. Accelerating Growth with Key Acquisitions Nightfood Holdings Inc. (OTCQB: NGTF), a hospitality technology and asset acquisition company, is making strategic moves to redefine hotel operations through artificial intelligence and targeted acquisitions. With a strong acquisition strategy in place, the company is focused on securing assets that support scalable growth and broaden its reach in the hospitality sector. Recently, Nightfood finalized the acquisition of Skytech Automated Solutions Inc., a company known for its AI-powered service technologies tailored for hotels ( Among its innovations is the Laundry Helper robot, which is already being implemented in a growing number of hotel properties. With Skytech's capabilities now integrated into Nightfood's platform, the company plans to deliver full-scale automation—from behind-the-scenes operations to direct guest interactions. "Closing the Skytech acquisition represents a transformative leap forward for Nightfood," said Nightfood Holdings chair Jamie Steigerwald. "This strengthens our ability to scale automation across the hospitality industry, addressing key operational pain points such as labor shortages and rising costs." This move comes on the heels of Nightfood's acquisition of SWC Group Inc., operating as through an all-stock transaction ( CarryOut is a major supplier of custom takeout packaging to the foodservice industry. According to company leadership, the addition of CarryOut brings several advantages, including greater operational efficiency, an expanded client base, and an enhanced product portfolio. "We are thrilled to announce the successful acquisition of and excited for what we believe this acquisition will allow Nightfood to accomplish," said Nightfood Holdings CEO Sonny Wang. "This deal not only strengthens our position in the foodservice industry but also can drive immense value through operational efficiencies and the integration of complementary products and services across Nightfood's subsidiaries." In a recent shareholder update, the company emphasized that these acquisitions are central to its long-term strategic plan. "These acquisitions highlight Nightfood's strategic vision, positioning the company as a prominent innovator at the intersection of advanced AI and hospitality automation, significantly expanding its market presence and competitive positioning. Nightfood continues actively evaluating further strategic opportunities to enhance its innovative market leadership, demonstrating a clear commitment to aggressive, value-driven expansion," the update stated ( With its dual focus on cutting-edge automation and market-driven acquisitions, Nightfood is carving out a distinctive role in the evolving landscape of hospitality and service innovation. Strengthening Leadership through Key Partnerships Acquisitions are only part of the Nightfood Holdings strategy. The company is also eyeing key partnerships that will help it strengthen its position as a leader in the hospitality robotic space. Late last year, Future Hospitality Ventures Holdings Inc., a subsidiary of Nightfood Holdings, announced an exclusive partnership with Bear Robotics Inc., a global leader in AI-driven automation solutions ( Calling the collaboration "a major milestone," the company noted that its mission is to redefine the U.S. hospitality industry, beginning in Greater Los Angeles and with plans to expand nationwide. "FHV is committed to advancing innovation within the hospitality sector," stated Wang. "Our partnership with Bear Robotics will redefine operational efficiency and service delivery, setting new standards for the industry. We look forward to implementing these AI-powered solutions in a dynamic and evolving market." Expands Hospitality Innovation Through Strategic Partnership While acquisitions remain a vital component of Nightfood Holdings Inc.'s (OTCQB: NGTF) growth strategy, the company is also leveraging high-impact partnerships to reinforce its leadership in the hospitality robotics sector. One of its most significant recent collaborations is an exclusive agreement between its subsidiary, Future Hospitality Ventures Holdings Inc. (FHV), and Bear Robotics Inc., a global leader in AI-driven automation solutions ( Announced late last year, the partnership marks a strategic move to revolutionize hotel and restaurant operations with intelligent service automation, starting in Greater Los Angeles and with plans for a national rollout. Nightfood described the agreement as "a major milestone" in its mission to redefine the U.S. hospitality industry. "FHV is committed to advancing innovation within the hospitality sector," said Nightfood CEO Sonny Wang. "Our partnership with Bear Robotics will redefine operational efficiency and service delivery, setting new standards for the industry. We look forward to implementing these AI-powered solutions in a dynamic and evolving market." As Nightfood continues to integrate advanced technologies and expand its footprint, this partnership underscores the company's forward-thinking approach to reshaping guest services through automation and artificial intelligence. Solidifying a Presence in a Transformative Field With the rapid expansion and innovation in the robotics industry, several visionary companies are making significant moves to solidify their presence in this transformative field. Through investments in advanced technologies and strategic alliances, these companies are positioning themselves as leaders in automation, impacting industries from hospitality to supply chain. Inc. (NASDAQ: AMZN) robotics division, Amazon Robotics, was founded more than a decade ago when Amazon acquired Massachusetts-based Kiva Systems in 2012. Since then, Amazon has developed, produced, and deployed more than 750,000 robots across its operations network ( The scaling of these systems has reached a new crescendo with the recent launch of Amazon's next-generation, state-of-the-art fulfillment center in Shreveport, Louisiana, equipped with the latest innovations in robotics to support employees who package and deliver customer orders. This site uses eight different robotics systems that work in harmony to support package fulfillment and delivery. Intuitive Surgical Inc. (NASDAQ: ISRG), a global leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced the publication of two peer-reviewed studies in Surgical Endoscopy, on its first-of-its-kind Force Feedback technology incorporated in the da Vinci 5 surgical system ( Force Feedback technology allows surgeons to feel the forces applied to tissue during surgery, such as pushing and pulling. These studies - conducted in the pre-clinical setting using tissue models - demonstrate its potential to reduce the amount of force placed on tissue during surgery and enhance surgeon performance. Richtech Robotics Inc. (NASDAQ: RR), a Nevada-based provider of AI-driven service robots, recently announced the opening of its newest One Kitchen restaurant in collaboration with Ghost Kitchens America ( The Peachtree City, Georgia, Walmart Supercenter One Kitchen is the third to open as part of the two companies' partnership and first to feature AI-driven service robot Scorpion. Richtech Robotics' Scorpion robot will serve patrons a variety of coffees, milk teas, and fruit tea drinks. Serve Robotics Inc. (NASDAQ: SERV), a leading autonomous sidewalk delivery company, has announced the launch of its service in the Dallas-Fort Worth metro area ( This strategic expansion, in continued partnership with Uber Eats, represents a major milestone in Serve's plan to deploy 2,000 AI-powered delivery robots across the U.S. by the end of 2025. Serve robots have begun operating in the Uptown neighborhoods of Pearl, State Thomas, West Village and South Routh, reaching more than 22,000 new households. Customers placing orders through the Uber Eats app in these areas may now receive their meal via Serve's autonomous delivery robots. As robotics transforms the future of work and service, the companies at the forefront are those that merge technological advancements with specialized industry knowledge. The strategic actions they take now are laying the groundwork for a more efficient, automated, and intelligent future, solidifying their positions as major influencers in the evolving robotics field. For more information about Nightfood Holdings, visit Nightfood Holdings Inc. About NetworkNewsWire NetworkNewsWire ("NNW") is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge. For more information, please visit Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: NetworkNewsWire is powered by IBN DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security. The Article and content related to the profiled company represent the personal and subjective views of the Author and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements. NetworkNewsWireNew York, OfficeEditor@ Logo - View original content to download multimedia: SOURCE NetworkNewsWire View original content to download multimedia: Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
Unlocking the Future of Hospitality with AI-Powered Robotics, Invaluable Industry Expertise
NetworkNewsWire Editorial Coverage NEW YORK, April 8, 2025 /CNW/ -- As labor shortages persist and consumer expectations rise, service robots powered by artificial intelligence (AI) are transforming the hospitality and food service industries. Hotels, restaurants and cafes are rapidly adopting robotic solutions to improve efficiency, reduce costs and enhance guest experiences. With the market for hospitality robots projected to reach $65.4 billion by 2032 ( these innovations are reshaping service standards and addressing critical workforce challenges. Nightfood Holdings Inc. (OTCQB: NGTF) (Profile) is seizing the opportunity to lead this transformative shift—not just as a tech innovator but as a hospitality insider. With more than 130 hotels managed and over 50 developed, Nightfood's leadership team brings unmatched operational knowledge and industry relationships that uniquely position the company to deploy robotics faster and more effectively than traditional tech players. Other savvy companies, including NVIDIA Corporation (NASDAQ: NVDA), Zebra Technologies Corporation (NASDAQ: ZBRA), Symbotic Inc. (NASDAQ: SYM), and Tesla Inc. (NASDAQ: TSLA), are also taking advantage of opportunities to leverage the power of robotics in their fields of expertise. AI-powered service robots have emerged as a transformative solution to challenges in the hospitality, food-service sectors. Nightfood Holdings is executing on a robust acquisition and partnership plan, targeting strategic assets designed to drive exponential growth and market expansion. NGTF is committed to revolutionizing hotel operations through AI-driven service robotics and strategic property acquisitions. Click HERE to view the custom infographic of this editorial. Providing Transformative Solutions The hospitality and food-service industries are at a pivotal juncture in 2025, grappling with persistent labor shortages and escalating consumer expectations. According to the American Hotel & Lodging Association, 76% of surveyed hotels reported staffing shortages, with 86% of respondents increasing wages and 52% offering greater flexibility to attract and retain employees ( Concurrently, consumer demands for seamless and efficient service have intensified. In response, AI-powered service robots have emerged as a transformative solution. These robots are being rapidly integrated into hotels, restaurants and cafes to enhance operational efficiency, reduce costs and elevate the guest experience. Market Research Future forecasts that the hospitality robot market will see a compound annual growth rate (CAGR) of 17.89% between now and 2032. The market growth is attributed to the increasing adoption of service, delivery, cleaning, disinfection and security robots in restaurants and other hospitality establishments. Executing on Robust Acquisition Plan Nightfood Holdings Inc. (OTCQB: NGTF), a hospitality technology and asset acquisition company, is revolutionizing hotel operations through AI-driven service robotics and strategic property acquisitions. The company has implemented a robust acquisition plan, targeting strategic assets designed to drive exponential growth and market expansion. Last week, Nightfood finalized its acquisition of Skytech Automated Solutions Inc., a recognized expert in artificial-intelligence-driven service technologies for the hotel industry ( Skytech may be best known for its Laundry Helper robot, which is being deployed across a growing number of hotel properties. The integration of Skytech's technology into Nightfood's platform will enable comprehensive automation services, from back-end operations to guest-facing solutions. "Closing the Skytech acquisition represents a transformative leap forward for Nightfood," said Nightfood Holdings chair Jamie Steigerwald. "This strengthens our ability to scale automation across the hospitality industry, addressing key operational pain points such as labor shortages and rising costs." The Skytech transition follows Nightfood's recent announcement regarding the closing of its all-stock acquisition of SWC Group Inc., or ( CarryOut is a leading wholesaler and distributor of custom takeout packaging for the foodservice industry. According to the company, the acquisition of CarryOut offers key strategic benefits including enhancing operational efficiencies, expanding its customer base and bolstering its product offerings. "We are thrilled to announce the successful acquisition of and excited for what we believe this acquisition will allow Nightfood to accomplish," said Nightfood Holdings CEO Sonny Wang. "This deal not only strengthens our position in the foodservice industry but also can drive immense value through operational efficiencies and the integration of complementary products and services across Nightfood's subsidiaries." The company's latest shareholder update noted that "these acquisitions highlight Nightfood's strategic vision, positioning the company as a prominent innovator at the intersection of advanced AI and hospitality automation, significantly expanding its market presence and competitive positioning. Nightfood continues actively evaluating further strategic opportunities to enhance its innovative market leadership, demonstrating a clear commitment to aggressive, value-driven expansion," the update concluded ( Strengthening Leadership through Key Partnerships Acquisitions are only part of the Nightfood Holdings strategy. The company is also eyeing key partnerships that will help it strengthen its position as a leader in the hospitality robotic space. Late last year, Future Hospitality Ventures Holdings Inc., a subsidiary of Nightfood Holdings, announced an exclusive partnership with Bear Robotics Inc., a global leader in AI-driven automation solutions ( Calling the collaboration "a major milestone," the company noted that its mission is to redefine the U.S. hospitality industry, beginning in Greater Los Angeles and with plans to expand nationwide. "FHV is committed to advancing innovation within the hospitality sector," stated Wang. "Our partnership with Bear Robotics will redefine operational efficiency and service delivery, setting new standards for the industry. We look forward to implementing these AI-powered solutions in a dynamic and evolving market." Combining Ownership with RaaS Nightfood Holdings' aggressive acquisition and partnership strategy is designed to support and drive its integrated business model, which combines hotel ownership with Robotics-as-a-Service (RaaS) solutions. Unlike its competitors, Nightfood Holdings' firsthand industry experience gives the company a unique edge in creating practical, revenue-driven solutions. With a leadership team that has managed over 130 hotel properties and developed more than 50, Nightfood possesses deep operational expertise and long-standing relationships in the hospitality sector. This insider advantage enables the company to pilot and deploy robotics solutions with speed and precision—outpacing pure-play tech firms that lack on-the-ground hotel experience. The company is committed to revolutionizing hotel operations through AI-driven service robotics and strategic property acquisitions. By integrating advanced automation solutions with high-value hospitality assets, NGTF is setting a new standard for operational efficiency, cost reduction and labor optimization in the hospitality industry. Clearly, automation offers a solution to many of the challenges in the hospitality industry. Unfortunately, the high cost of robotics ownership is an obstacle to many of the smaller operators in the hospitality sector. RaaS has emerged to fill that void, allowing operators and franchisees a lifeline to remaining viable in the space. RaaS provides two key benefits: cost efficiency and scalability. By providing robots on a subscription basis, RaaS lowers the financial costs of entry for businesses of all sizes, making it easy to manage and maintain, while financially feasible. In addition, RaaS allows businesses to scale their robotic workforce based on occupancy and specific needs ( Securing a Future in the Robotics Revolution As the robotics industry experiences rapid growth and innovation, a number of forward-looking companies are taking bold steps to strengthen their foothold in this transformative sector. By investing in cutting-edge technologies and strategic partnerships, these companies are positioning themselves at the forefront of automation across industries ranging from hospitality to supply chain. NVIDIA Corporation (NASDAQ: NVDA) recently announced a portfolio of technologies to supercharge humanoid robot development, including NVIDIA Isaac GR00T N1, the world's first open, fully customizable foundation model for generalized humanoid reasoning and skills ( Other technologies include simulation frameworks and blueprints such as the NVIDIA Isaac GR00T Blueprint for generating synthetic data, as well as Newton, an open-source physics engine, being developed with Google DeepMind and Disney Research. "The age of generalist robotics is here," said Jensen Huang, founder and CEO of NVIDIA. "With NVIDIA Isaac GR00T N1 and new data-generation and robot-learning frameworks, robotics developers everywhere will open the next frontier in the age of AI." Zebra Technologies Corporation (NASDAQ: ZBRA) is expanding its Zebra Symmetry(TM) Fulfillment ( The platform is a comprehensive solution that utilizes the company's new Zebra Connect Fulfillment autonomous mobile robots (AMRs), wearable technologies, software and analytics designed to increase productivity and reduce costs in warehouse operations. This AI-powered solution combines the functions of a warehouse execution system (WES) with robot fleet management and powerful analytics. Symbotic Inc. (NASDAQ: SYM) completed the acquisition of the Advanced Systems and Robotics business from Walmart earlier this year ( A leader in A.I.-enabled robotics technology for the supply chain, Symbotic also signed a related commercial agreement with Walmart covering the development and deployment of automation systems for Accelerated Pickup and Delivery centers (APDs) at Walmart stores. According to the company, Walmart has chosen Symbotic to develop, build and deploy an advanced solution leveraging Symbotic's A.I.-enabled robotics platform to offer Walmart customers greater shopping convenience through accelerated online pickup and delivery options at stores. Tesla Inc. (NASDA: TSLA) CEO Elon Musk announced that the company is looking to producing several thousand Optimus humanoid robots this year with aspirations for exponential growth to follow; he made the announcement during the company's Q4 2024 earnings call ( Musk also noted that the company's energy storage deployments reached an all-time high in Q4, with expectations of at least 50% growth year-over-year in 2025; he predicted that Tesla's Optimus robots could generate more than $10 trillion in revenue long-term, potentially becoming the most valuable part of Tesla's business. As robotics continues to reshape the future of work and service, the companies leading the charge are those that combine technological innovation with industry-specific expertise. Their strategic moves today are setting the foundation for a more efficient, automated and intelligent tomorrow — cementing their roles as key players in the evolving robotics landscape. For more information about Nightfood Holdings, please visit Nightfood Holdings Inc. About NetworkNewsWire NetworkNewsWire ("NNW") is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. 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