WAST News & Events

Reports Q3 revenue $132,500. "We have now achieved three consecutive quarters of revenue growth while simultaneously strengthening our balance sheet-increasing assets meaningfully and reducing liabilities both year-over-year and quarter-over-quarter," said Scott Gallagher, Chairman and CEO of Waste Energy Corp. "This disciplined financial foundation, combined with our imminent operational launch, positions us at an inflection point as we prepare to transition from development to recurring revenue generation in 2026."

Waste Energy has received its first shipment of feedstock to power its new Midland, Texas facility. This delivery marks an operational milestone as the Company prepares to begin commissioning its first U.S.-based waste conversion system. Every year, millions of pounds of non-recyclable plastic and tires end up in landfills, leaching toxins into the environment. Waste Energy Corp's proprietary waste conversion system is designed to divert and convert this waste into high-value fuels, carbon black, carbon credits and other renewable energy products. At full capacity, the Company's Midland facility is expected to process up to 90 tons of waste per day, generating over $10M in annual revenue with gross profit margins exceeding 50%. Each ton of diverted waste represents both an environmental win and a monetizable resource - transformed into clean diesel and reusable carbon materials rather than buried in a landfill.

Waste Energy Corp announced the appointment of Rob Czukor to its Advisory Board. Rob Czukor is the President of Tire Recycling Consultants.

Waste Energy announced the closing of agreements to reduce more than $1M of debt obligations. The Company finalized transactions on Friday, August 15, 2025, eliminating $1,005,726 in debt through a combination of debt restructuring, forgiveness, and the issuance of 3,414,760 restricted common shares. The shares were issued at an aggregate value of over $0.29 per share in the debt exchange, with all agreements including trading restrictions of at least 90 days. Management noted that the Company is in active discussions on additional debt reduction initiatives, with the goal of reducing total debt to below $2M by quarter-end as part of its strategy to enhance financial flexibility and accelerate progress toward sustained profitability.