About Safe & Green Holdings Corp. - Common Stock (SGBX)
Safe & Green Holdings Corp is a company focused on providing innovative solutions in the construction and real estate sectors, with an emphasis on sustainability and environmentally friendly practices. They engage in the development and management of properties, utilizing advanced building techniques and materials to create energy-efficient structures. By integrating technology and sustainable practices, the company aims to address housing needs while contributing to a greener future, making it a key player in the evolving landscape of modern construction and urban development. Read More
Safe & Green Holdings (NASDAQ: SGBX), and its subsidiary Olenox Corp., a vertically integrated energy company, reaffirmed the importance of their Open Collaborative Framework (OCF) partnership with global technology firm OneQode following a major Amazon Web Services outage that disrupted millions of users worldwide. The collaboration aims to combine OneQode’s high-performance digital infrastructure with Olenox’s field operations to enhance automation, communication reliability and environmental safety. “It is critical to Olenox that data collection and two-way communication in the field is reliable,” said Michael McLaren, CEO of Safe & Green. OneQode CEO Matt Shearing added that much of today’s internet infrastructure remains outdated, emphasizing that OneQode’s platform was built “fundamentally different” to prevent such failures and support next-generation operational performance.
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced that Olenox has begun reviewing several drilling sites across its existing oil and gas leases. As the energy development arm of SGBX, Olenox plans to complete one drilling project in the fourth quarter of 2025 and implement an expanded drilling program through 2026 and beyond. CEO Michael McLaren said the company aims to reach 1,000 barrels of oil equivalent per day by year-end 2026 through a combination of new drilling, legacy wellsite revitalization, and acquisitions.
CONROE, Texas, Oct. 20, 2025 (GLOBE NEWSWIRE) -- via IBN – Olenox Corp, a vertically integrated energy company and wholly owned subsidiary of Safe & Green Holdings Corp. (NASDAQ: SGBX), is pleased to announce Olenox has begun the initial review of several drilling sites on current leases held within its oil and gas portfolio.
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced the completion of Phase 1 of its intelligent wellsite monitoring system, powered by the company’s Machfu gateway. The AI-driven platform enables real-time, bi-directional monitoring and control to reduce lifting costs, site visits, and energy use while optimizing production. Using a proprietary algorithm, the system adjusts pumpjack operations based on water-cut levels to improve efficiency and extend equipment life. Phase 2 will see full deployment at an Olenox production pad, with shareholders able to monitor real-time results via a read-only webpage.
Safe and Green Holdings (NASDAQ: SGBX) is a diversified holding company focused on delivering innovative solutions across infrastructure, construction, energy, healthcare, and environmental sectors. Originally established in 2007 as SG Blocks, the company has evolved into a vertically integrated platform serving both public and private sector clients with modular, sustainable systems. Its operations span a range of industries unified by a commitment to efficient, scalable design and sustainability-driven development.
Intrigued by the market activity one hour before the close of the markets on Tuesday? Uncover the key winners and losers of today's session in our insightful analysis.
Stay up-to-date with the latest market trends in the middle of the day on Tuesday. Explore the top gainers and losers during today's session in our detailed report.
