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Planet Image eyes $100 million boost

Planet Image eyes $100 million boost

Planet Image has filed a shelf registration in the United States to raise up to $100 million (€91 million) through the sale of equity and debt securities. The Cayman Islands-registered holding company, which operates production facilities in China operated by Aster,...
Aster releases new products

Aster releases new products

Aster introduced its latest compatible ink cartridges replacing HP 924 and 937 series cartridges. These new products are designed to deliver high-quality performance, reliable page yields, and seamless compatibility with a wide range of HP OfficeJet Pro printers. The...
Canon settles out of court with Aster

Canon settles out of court with Aster

The OEM announced the successful resolution of its patent dispute with Aster. Canon Inc. announced that it has reached an agreement with aftermarket cartridge manufacturer Aster for an out-of-court resolution regarding Aster’s alleged infringement of...
Planet Image eyes $100 million boost

Planet Image International faces margin squeeze

Revenue grows but European sales decline, pressuring margins and profitability in 2024. Planet Image International, the Cayman Islands-based holding company of Aster, reported a 4.1% revenue increase to $77.3 million (€72.3 million) for the first half of fiscal 2024....
Planet Image IPO: Launching global expansion

Planet Image IPO: Launching global expansion

Planet Image International Limited announces its IPO, aiming to raise $5 million (€4.6 million) for global expansion and innovation in the toner cartridge market. Planet Image International, the Cayman Islands holding company of Aster, a manufacturer and distributor...