JBB Advanced Technologies has a robust pipeline with a focus on building on the company’s vision and expertise in energy transition, advanced technology, and research and development. JBBAT expects to utilize free cash flow to acquire companies and platforms aligned with its core strategies.
Energy Transition
JBB Advanced Technologies is the 100% owner of an operating commercial & industrial (C&I) leader in renewable energy solutions, primarily solar and battery storage applications. Dallas-based Sunfinity, LLC has developed 21 commercial projects since 2017, representing 4.3MW and 1,716 residential projects generating 13.5MW.
Additionally, JBBAT seeks to acquire and grow companies across the energy transition spectrum, including solar energy, battery storage, renewable natural gas, and other strategic energy transition sectors. The company is developing a pipeline of utility solar projects across North America. Its near-term pipeline includes eight projects, which upon completion are expected to generate 1.6 GW of power. The total construction costs for this Initial Pipeline is projected to be over $2.0 billion. The platform’s medium-term pipeline represents an additional 1.9 GW of power. Upon delivery of these projects, JBBAT expects to rank among the top 10 utility solar developers and operators in North America.
“The Estimated Global Capital Expenditure to Reach Net-Zero Emissions by 2050 is $125 Trillion.”
In the United States, solar power is projected to grow from 3% of the U.S. electricity supply today to 45% by 2050. Utility scale solar will not only continue to grow but will outperform all other forms of solar power. This growth is driven by an expanding economy, adoption of electric vehicles, and the rise of new technologies such as big data and artificial intelligence, combined with declining unit costs.
As part of the company’s energy expansion, JBBAT’s subsidiary, V=IR Technologies, LLC, manufactures and sells our proprietary energy module. The module can measure the power production of renewable energy sources, such as solar panels and wind turbines. In addition, the module can measure power consumption, and so is a viable add-on to millions of energy-generating and energy-consuming devices nationwide.
Artificial Intelligence (AI) and Advanced Technology
JBBAT targets disruptive, scalable technology companies. The company intends to acquire and grow innovative companies which are focused on delivering smart solutions.
One of the hottest topics in business today is AI –Artificial Intelligence. But AI is not a simple, one-size-fits-all solution. It is evolving and being crafted for specific applications, and that is a key focus at JBBAT. From a recent article on MSN, “Companies that leverage foundation models (of AI) are set to gain a competitive advantage in their respective industries. With the continuous improvement of foundation models, businesses can significantly enhance their productivity, efficiency, and innovation speed. Studies suggest up to 70% improvements, making AI-driven solutions a game-changer in how businesses operate.”
For instance, one expert predicts a growth in smaller AI models at the edge of networks. These high-performance models require minimal computing power and can accelerate industrial automation, in a development that can benefit distribution centers, leading to increased productivity, by empowering autonomous robots. o Experts also predict data centers that power the increasing appetite for AI, to focus on improving network speeds while managing energy consumption and heat generation. JBBAT has already done significant work and invested significantly in building and running data centers powered by renewable energy, significantly cutting the demand on the grid. And as we work to develop products that will strengthen the electric grid by facilitating seamless integration of renewable energy sources, AI models will enhance and advance the effectiveness of these tools.
And as we work to develop products that will strengthen the electric grid by facilitating seamless integration of renewable energy sources, AI models will enhance and advance the effectiveness of these tools.
B2B and B2C Web 3 Applications
JBBAT has acquired Pitmaster Collective, a B2C platform which connects Pitmaster Collective members with leading barbecue restaurants by offering memberships, member experiences, and discounts. Pitmaster harnesses Web 3 technology and AI optimization to grow a global subscriber base. JBBAT expects Pitmaster Collective to be the first of many loyalty-based B2C and B2B applications.
To continue to connect to the membership built under Pitmaster Collective, JBB Advanced Technologies created G.O.A.T Ventures to design, fabricate, and sell a blockchain-based POS system that can be used by any retail business, including the barbeque restaurant that are frequented by the Pitmaster Collective members.
“Web 3 is Expected To Grow From a $2 Billion Market in 2022 to Nearly $72 Billion by 2031 - A CAGR of 48.9%.”
The system extracts new types of information about users and their transactions and, when combined with AI-enabled devices, provides a steady stream of revenue-generating data.
Research and Development
JBB Advanced Technologies is also developing patents and proprietary technologies within these sectors which it intends to monetize by incubating new technologies or licensing. JBB Labs, a key differentiator of the company, is the in-house research & development division at JBBAT. From helping engineer the F-15 to building solar arrays in the Middle East – to the disruptive, innovative technologies they are developing exclusively for JBBAT, this team of experts thrives on finding new ways to address critical challenges. One such instance is the development of our own blockchain specific to helping the electric grid function in a resilient, stable and trackable fashion (proof of power).
One JBBAT subsidiary, JBB IP, LLC, holds and licenses intellectual property that has been created by other JBBAT-owned entities or licensed from third parties. By concentrating all intellectual property into one entity, JBB IP can ensure there are no conflicts regarding the licensure of the property. Additionally, this enables JBB IP to coordinate research and development activities in a way that brings maximum value to the corporation as-a-whole, while eliminating costly R&D redundancies.