Article

NXT Energy Solutions has acquired full ownership of its proprietary SFD technology, previously held by the heir of former CEO George Liszicasz, enabling expanded applications beyond hydrocarbon and geothermal uses. This strategic move comes as the company faces a 45% decline in revenue growth over the past three years and reports a net margin of -27.22%. Despite low institutional ownership and a high volatility beta, the acquisition positions NXT to explore new opportunities in mineral systems and subsurface resources.