Investment secures strategic partnership with Australia’s leading convenience retailer.
San Diego, CA – June 1, 2023
Charlie (Khalil) Shahin AO, CEO of Peregrine, said, “We are excited about our investment in “PHILTER™. Their unique technology and products address consumer trends in vaping and smoking. I’m especially impressed with the caliber of the management team and their vision to address the secondhand smoke issues.”
PHILTER™ holds 9 granted utility patents and has filed over a dozen additional patents for advanced technologies that miniaturize the filtration footprint. These patents enable PHILTER™ technology to be ubiquitous within any vaping device and any form factor for combustibles.
PHILTER™ CEO Christos Nicolaidis added, “We are thrilled about this strategic investment from Atayf Investments Pty Ltd. This relationship expands the global reach of our current products in areas where Peregrine has a strong retail footprint. We are excited about advancing our proprietary technologies that will be very disruptive to the smoking and vaping markets that are growing at 14-27% CAGR, based on independent industry research.”
The PHILTER™ mission is to positively impact society by pioneering and implementing technologies that eradicate secondhand smoke at the source. The company’s technologies eliminate the harmful particulate matter in secondhand smoke caused by the consumption of cannabis or nicotine. PHILTER™ tackles the health, social, and environmental concerns tied to secondhand smoke by integrating innovative technologies across the smoking and vaping industries. These technologies aim to eradicate secondhand smoke, contributing to a healthier world.
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