SAN ANTONIO, Texas, Jan. 10, 2024 (GLOBE NEWSWIRE) -- C-Bond Systems (the "Company" or "C-Bond") (OTC:CBNT), a developer and marketer of glass strengthening solutions for enhanced safety, announced today its Patriot Glass Solutions subsidiary has a backlog in excess of $3.3 million heading into 2024. This backlog includes purchase orders the Company has already received and announced but has not yet started the installations for and does not include other work Patriot Glass Solutions does on a daily basis.
The Company expects the majority of this backlog to be installed in 2024, but a portion of it could stretch into 2025 since some projects are new construction, etc. These projects primarily include schools, commercial buildings, and a hospital.
"We believe 2023 finished strong for us and expect it to be the Company's best year thus far," stated Scott R. Silverman, Chairman and CEO of the Company. "As we start 2024, we are even more excited as we see the strong backlog that we already have in place, which exceeds revenue from any year we have previously reported."
Patriot Glass Solutions protects personal, commercial and government property from looting, smash-and-grabs, break-ins, and gunfire. Its leading products are C-Bond BRS and C-Bond Secure.