KeepZone Wins Gulf Authorization for Fuel‑Tank Protection System
The step authorizes sales talks without confirming any contracts.
Overview
- KeepZone, a Nexera subsidiary, received a letter Tuesday authorizing it to introduce and represent an unnamed provider’s composite protection system to select Gulf clients.
- The authorization permits technical and commercial briefings with potential buyers and coordination of requirements for fuel storage tanks and other critical energy assets.
- The company describes the system as an external composite layer for steel or concrete tanks that aims to blunt blasts, block fragments, limit spall, and add secondary containment with minimal downtime.
- Nexera says the layer resists UV exposure and corrosion and is expected to last more than 25 years in Gulf conditions.
- NEXR jumped more than 90% in premarket trading Tuesday as volume swelled to about 16.6 million shares, though the stock remains down 82.62% this year and 99% over 12 months with a $1.62 million market cap and negative EBITDA of $6.4 million.