A subsidiary of OPTEC International (OTCMKTS:OPTI), WeShield, has been ranked at 53rd position on the annual Inc. 5000 list, a reputed ranking of the country’s fastest-growing firms. The list demonstrates successful organizations in the US economy’s dynamic segment-independent small businesses.
WeShield has revenues of about $100 million and witnessed stupendous growth in the last one and half years due to the demand for personal protection equipment. The firm hopes to continue on the trajectory of meeting global needs for medical supplies. Though initially found for helping organizations get access to the PPE materials, it’s proprietary AI-powered marketing engine engaged with government agencies, hospitals, retailers leading to an incredible 10,000% annual gains.
Roman Vinfield, co-founder and Chief Revenue Officer at WeShield, said that the demand for PPE has been huge but the pandemic has led to an explosion and will be over a hundred billion dollar industry globally in the next five years. Vinfield said that the company is honored to be a part of the exclusive list and will continue to grow and support businesses globally.
In another announcement, Bitcoin Mining firm, Solteir and its Co-founders Jesse Fastenberg and Andrew Insignares have announced a renewable energy mining partnership with OPTEC International. The program would be using OPTEC’s Solar Paneled Generators for mining Bitcoin at Bradford County, Pennsylvania, and will begin by early Fall 2021. The two firms anticipate on moving solar mining operations to Carlsbad, for scaling up operations exponentially.