Curated News
By: NewsRamp Editorial Staff
July 13, 2026

Olenox Industries Acquires PsyLinks Neurotech in Strategic Move

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Original Source

TLDR

  • Olenox Industries gains a strategic edge by acquiring PsyLinks' neurotechnology, enhancing its energy and digital integration.
  • Olenox acquired PsyLinks via a $500,000 stock exchange, integrating its neurotech and founders into the company structure.
  • PsyLinks' neurotechnology aims to improve operational decision-making, potentially leading to safer and more efficient energy systems.
  • PsyLinks' founders, now Olenox VPs, bring neurotechnology that merges brain science with energy infrastructure for smarter operations.

Impact - Why it Matters

This acquisition signals Olenox's commitment to integrating advanced neurotechnology and AI into its energy operations, which could lead to more efficient and intelligent energy infrastructure. For investors, this move diversifies Olenox's technology portfolio and may open new revenue streams. For the broader energy sector, it highlights a growing trend of merging traditional energy with cutting-edge tech to optimize performance and sustainability.

Summary

Olenox Industries (NASDAQ: OLOX) has completed its acquisition of PsyLinks Neurotech Corp., a move that will see PsyLinks operate as a wholly owned subsidiary. Under the terms of the share exchange agreement, Olenox acquired all outstanding PsyLinks shares in exchange for approximately $500,000 in restricted common stock. The founders of PsyLinks, Dr. Michael McLaren-Gradinaru and Dr. Ford Burles, have joined Olenox as vice president of technology and vice president of product development, respectively.

The acquisition is a strategic fit for Olenox, as PsyLinks’ neurotechnology and applied intelligence capabilities complement its existing strategy of integrating energy production, industrial infrastructure, and digital technologies. This integration aims to improve operational visibility, decision-making, and future technology initiatives. Olenox noted that the transaction was reviewed and approved by the independent members of its board due to its potential classification as a related-party transaction under SEC rules. The full press release can be accessed at https://ibn.fm/xxUO6.

Olenox Industries Inc. (NASDAQ:OLOX) is a vertically integrated energy company operating across multiple business lines, including oil and gas, energy services, and energy technologies. The company focuses on acquiring, optimizing, and scaling energy-related infrastructure and operating assets across key U.S. markets. This acquisition marks a significant step in Olenox's strategy to diversify and enhance its technological capabilities, potentially paving the way for innovations in energy management and industrial automation. The news was disseminated by MissionIR, a specialized communications platform that assists IR firms with syndicated content. MissionIR is part of the Dynamic Brand Portfolio @ IBN, which offers a range of services including press release distribution via InvestorWire, editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution, and tailored corporate communications solutions. For more information, visit www.MissionIR.com.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Olenox Industries Acquires PsyLinks Neurotech in Strategic Move

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