Ilustrato Pictures International Inc (OTCMKTS:ILUS) is trading slightly higher in the op0ening session on Tuesday.
Market Action
As of 10:17, ILUS stock moved up by 0.53% at $0.0573. The stock has traded 7.85 million shares, compared to its average volume of 22.20 million shares. The stock opened at $0.0578 and moved in a range of $0.0550 – 0.0585.
Major Trigger:
OTC:ILUS, ILUS International (Ilustrato Pictures International Inc) Announces its Strategy for the US Market
Key Highlights:
- ILUS International Inc (OTC: ILUS) is a M&A company focused on acquiring and developing technology-based companies globally. The company has already completed three acquisitions in 2021 and has also reached significant progress milestones during the second quarter.
- Now, with key members of the ILUS leadership team currently traveling throughout the USA, visiting various strategic locations and acquisition opportunities, the company has agreed and confirmed its rollout plans for its most important market.
- ILUS’ technology is largely focussed at the Emergency Services and Fire Safety markets, where the USA spends more than any other country. The global Emergency Services market is currently valued at $117.2 billion per annum and is expected to grow to $156.1 billion per annum by 2025, at a CAGR of 5.9%. In addition to this sector, the global Fire and Rescue market size is currently $2.1 billion and is expected to grow at a CAGR of 7.79% through to 2027.
- In the developed economy of the USA, there is currently a significant focus on research and development with a high focus on innovative technology. With its innovative, patented and sustainable solutions, ILUS is targeting both the volume of the US market and the increased spend on research and development.
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