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General Enterprise Ventures, Inc. (OTC: GEVI), Subsidiary Mighty Fire Breaker (MFB) Has Signed a Distribution Agreement with SkyScout Ai Innovations Inc. for all of Canada

CHEYENNE, WY / ACCESSWIRE / April 2, 2024 / The MFB Value-Add Wildfire Risk Reduction Team has been in discussions with SkyScout Ai Innovations in Vancouver, Canada for the last several months, and MFB is ready to join forces with SkyScout to bring CitroTech to Canada, a region that is desperately in need of the safest fire retardant chemistry in the world. This business alliance will augment MFB's growth and market penetration.

SkyScout Ai Innovations Inc. has a vertically integrated technology platform which uses satellites and drones to detect hotspots and early inception fires, and it offers a new way of detecting and responding to wildfires. These new and better early fire elimination techniques are what MFB is excited to be a part of, because they increase firefighter safety for those on the frontlines, and they also increase firefighting efficacy.

The 2023 Canadian wildfire season was the worst in recorded history for that nation. According to the Canadian Interagency Forest Fire Center (CIFFC) more than 6,600 fires burned a total area of more than 45 million acres, which is over six times their 10 year average. Many in the U.S. watched and saw how those wildfires caused unhealthy air as far south as New York City, and the Canadian wildfire smoke created unhealthy air across the northern tier of the United States. News reports stated that over 70 million people were subjected to unhealthy air quality. Just last week, Science News said exposure to rising levels of wildfire smoke could lead to more than 10,000 additional deaths each year in the U.S. by the year 2050. This could make deaths due to wildfire smoke the costliest consequence of climate change for the country, accounting for nearly as much economic damage as all other climate-related impacts combined.

Canada is currently forecasting another challenging wildfire season for most of the country, and MFB is committed to supporting, on a technical level from coast to coast, with product demonstrations and product knowledge seminars.

On another front, there is ever-worsening news about the U.S. Fire Insurance Crisis that is now beginning to impact the Canadian markets. With the combined efforts of MFB and SkyScout Ai, there is the potential for a real, positive impact on the insurance crisis as well as on air quality. Accordingly, this business alliance between MFB and SkyScoutAi is something that both the U.S. Government and the Canadian Government should support.

The Canadian Property Owners will get the benefit of the MFB's Wildfire Defense Systems through SkyScoutAi's Contractor customers. MFB's WFD System adds the "airbag approach" with remote activation of CitroTech Sprinkler Systems. This type of WFD will reduce the risk of loss better than ever before. Furthermore, it is now supported by the AIA and the U.S. GreenBuild Council, and it is taught on the AEC Daily (CES) platform.

The fact that Mighty Fire Breaker's MFB-31-CitroTech is certified by the U.S. EPA Safer Choice Program should help expedite MFB's current effort to become qualified and listed in the CEPA, which is the Canadian Environmental Protection Act Registry. The CEPA provides for assessment of new and existing chemical substances. The CEPA program should support MFB's vision and efforts to reduce the risk from wildfires to humans and to the environment.

For additional information, photos, and footage from the event or to learn more about Mighty Fire Breaker's technology and mission, please contact:

For more information, please visit www.mightyfirebreaker.com

For technical product information: Info@mightyfirebreaker.com

Contact Information

Twitter: @GEVIOfficial

Website:​ https://generalenterpriseventures.com/

Forward Looking Statements:

This document contains "forward-looking statements", which includes statements regarding expected financial performance and growth information relating to future events. Forward-looking statements include statements with respect to beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the control of the Company and its officers and directors, and which may cause actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in, or suggested by, the forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can typically identify these forward-looking statements through use of words such as "may," "will," "can" "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential," and other similar words and expressions of the future. The Company expresses its expectations, beliefs and projections in good faith and believes that its expectations reflected in these forward-looking statements are based on reasonable assumptions. However, there is no assurance that these expectations, beliefs and projections will prove to have been correct.

SOURCE: General Enterprise Ventures, Inc. ("GEVI")



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