Mission Ignite staff performing device refurbishment. | Courtesy of Mission Ignite
Mission Ignite staff performing device refurbishment. | Courtesy of Mission Ignite
With its acquisition of TechReset, Quantum Lifecycle Partners will add staff to its Brampton, Ontario ITAD facility. | Courtesy of Quantum Lifecycle Partners
Two recent actions by Quantum Lifecycle Partners deepen the Canadian processor’s involvement in the reuse business and expand its ITAD customer base.
Battery recycling firm Nth Cycle recently raised over $12M to fund commercial deployment of the company’s recovery technology. | DAMRONG RATTANAPONG/Shutterstock
As electric vehicles and lithium-ion battery devices become ever-more ubiquitous, battery recyclers are expanding their operations and improving technology. The following are updates on two startups.
Sims Lifecycle Services opened a 100,000-square-foot redeployment facility in Atlanta, as the company pushes further into the business of managing equipment from data centers. | Mikhail Starodubov
Electronics processor Sims Lifecycle Services is expanding both domestically and internationally, opening a new facility in Atlanta and adding several new shredding vehicles to its German fleet.
The value of used servers skyrocketed 71% over the last three years, according to Cascade Asset Management’s report. | Mikhail Starodubov/Shutterstock
The value of refurbished laptops and servers in 2021 remained higher than pre-pandemic, according to a report from Cascade Asset Management, though laptop prices fell slightly from 2020 highs.
The author explains the business benefits ITAD providers can enjoy when they donate computers to people in need through nonprofit electronics refurbishers. | Plus69/Shutterstock
About three quarters of the material EWASTE+ handles consists of IT equipment from businesses and other organizations. | Courtesy of EWASTE+
A recent investment in EWASTE+ will help drive the processor’s growth across the Northeastern U.S., the company president said.
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The settlement with James and Kenneth Taggart comes after nearly four years of legal battling following the 2018 bankruptcy and closure of ECS. | Nikolay Antonov/Shutterstock
James and Kenneth Taggart and their insurance provider agreed to pay $1.35 million to settle a lawsuit alleging they intentionally crippled their e-scrap company to fend off bankers who were angling for a hostile takeover.
President Biden’s comments to reporters noted his earlier executive order in support of the right to repair.| Haditha26/Shutterstock
President Joe Biden highlighted the necessity of the right to repair devices in remarks at the White House on Jan. 24.
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Mitsubishi Materials collects and prepares e-scrap feedstock at its Netherlands company MM Metal Recycling (MMMR). | Courtesy of MMMR
Mitsubishi Materials, a global e-scrap metals recovery company, has developed a software system to ease PCB shipments, assaying and purchasing.