PRM Introduces SOLBERG SPARTAN Foam Technology at FDIC 2025

Perimeter Solutions, Inc. PRM recently announced the launch of SOLBERG SPARTAN at FDIC 2025. This is a 1% fluorine-free Class A/B foam concentrate that has been designed to provide firefighters an advantage to achieve total fire suppression. The foam has been proven to perform in the case of 99% of fires, including structure, wildland, vehicle, gasoline and dumpster fires.

The product delivers fast knockdowns, reduces flashover risk and provides superior heat protection, making it PRM’s most effective fluorine-free Class A/B foam. SOLBERG SPARTAN enhances firefighter safety by reducing the amount of time needed to battle a fire, as it decreases a firefighter’s exposure and keeps crews ahead of fast-changing conditions.

Research shows that water alone takes nearly four minutes to cool a fire from 1,000°F to 212°F. SOLBERG SPARTAN is compatible with traditional firefighting equipment and effectively suppresses temperature in less than half the time as water alone. Water demand can also be reduced by 40% using this technology while allowing firefighting crews to operate more efficiently by reducing strain on critical resources.

PRM stock has gained 41.4% over the past year against the industry’s 5.6% decline.

PRM’s Zacks Rank and Key Picks

PRM currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Basic Materials space are Carpenter Technology Corporation CRS, DRDGOLD Limited DRD and Idaho Strategic Resources, Inc. IDR. While CRS sports a Zacks Rank #1 (Strong Buy) at present, DRD and IDR carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank here.

The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.95 per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 15.7%. CRS’ shares have soared 123.2% in the past year.

The Zacks Consensus Estimate for DRD’s current-year earnings is pegged at $1.06 per share, indicating a 29.3% year-over-year rise. Its shares have soared 93% in the past year.

The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in three of the trailing four quarters while missing once, with the average surprise being roughly 77.5%.

 

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This article originally published on Zacks Investment Research (zacks.com).

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