24/7 Market News Snapshot 09 June, 2025 – DevvStream Corp. Common Stock (NASDAQ:DEVS)

June 9, 2025

DENVER, Colo., 09 June, 2025 (www.247marketnews.com) – (NASDAQ:DEVS) are discussed in this article.
DevvStream Corp. (NASDAQ:DEVS) has displayed impressive trading activity, with its stock rising approximately 15.95% to $0.487 from a prior close of $0.420, backed by a substantial volume of 5.97 million shares. This upward trend signals strong investor interest and highlights positive technical indicators, warranting further scrutiny as resistance levels approach $0.50 and support holds at $0.425.

Concurrently, DevvStream is making significant strides in carbon management and environmental asset development through two newly signed memoranda of understanding (MoUs), focusing on enhancing its waste-to-energy (WtE) capabilities. The partnership aims to develop a municipal waste-to-energy facility alongside a project to convert landfill waste into renewable energy, reinforcing the company’s strategic interests in Southeast Asia—a region with considerable potential for sustainable growth in waste management.

The Southeast Asian WtE market is anticipated to expand from $4.22 billion in 2025 to $7.70 billion by 2030, offering substantial opportunities for DevvStream. Sunny Trinh, CEO of DevvStream, emphasized the importance of these initiatives by stating that these MoUs will not only strengthen the company’s footprint in the region but also diversify revenue streams. The engagement in WtE is poised to enhance DevvStream’s portfolio, which already includes hydroelectric, solar, biogas, and carbon sequestration projects.

Through these ventures, DevvStream aims to generate recurring revenue via International Renewable Energy Certificates (I-RECs) and verified carbon credits, showcasing the company’s commitment to sustainability while positioning itself as a leader in innovative carbon management solutions. As DevvStream continues to evolve, it remains dedicated to creating a greener, more sustainable future.

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