CGE Energy’s Bold Move: Shareholders Gain Direct Stake in Wind Turbine Innovation
CGE Energy, Inc. (OTC: CGEI) has released its year-end update, outlining key developments for shareholders. The company’s President and CEO, Bryan Zaplitny, shared progress on strategic moves, including a private share exchange offer and advancements in renewable energy technology through its subsidiary, Aradatum, Inc.
Aradatum, a cleantech firm specialising in vertical axis wind turbine (VAWT) technology, is transitioning from development to commercialisation. Its focus lies in supporting the expanding global data centre and AI sectors with innovative energy solutions. The company retains full control over its intellectual property under a new licensing deal.
A recent engineering study is now underway to assess the power output of turbine clusters in denser setups. The findings will help model how Aradatum’s VAWT systems perform in compact configurations, aiming to optimise energy generation. Meanwhile, CGE Energy shareholders have been offered a private one-for-one share exchange between CGE Energy and Aradatum. Those holding shares in brokerage accounts will see the process begin once FINRA grants approval. CEO Bryan Zaplitny reaffirmed his dedication to creating long-term value for investors through these initiatives. Aradatum has also secured a non-exclusive licensing agreement with an unnamed global technology company. The partnership will enable the manufacture and deployment of its VAWT systems on a broader scale, though the identity of the collaborating firm remains undisclosed.
The share exchange offer provides CGE Energy investors with a direct stake in Aradatum’s growth. With ongoing engineering studies and a new licensing deal, the company is positioning its wind turbine technology for wider commercial use. Shareholders await FINRA’s approval to proceed with the exchange.
