NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF) said on Wednesday it received purchase orders totaling more than 700,000 compostable coffee pods in May from three North American customers.
The May orders come on top of the 1 million pods the company has produced since November 2024 and include both new and repeat business, NEXE said in a statement.
A key highlight was a new partnership with US-based flavored coffee brand Crazy Cups, which placed an initial order covering 20 stock-keeping units (SKUs), marking NEXE’s largest engagement in the flavored coffee segment to date.
Crazy Cups, known for varieties such as White Chocolate Strawberry and Amaretto Almond Kringle, is affiliated with existing NEXE customer EKOCUPS.
“We are especially excited to expand into flavored coffee with Crazy Cups, and to continue fulfilling repeat orders from existing partners,” said NEXE president Ash Guglani. “We believe these developments highlight the demand for our BPI-certified compostable coffee pods.”
The company is also developing 20 additional SKUs across its customer base, including 14 more for Crazy Cups, as part of a broader product innovation strategy.
Repeat customers also contributed to May’s volume. Ottawa-based Bridgehead Coffee placed another order for its two compostable SKUs, while a North American office coffee service (OCS) and retail distribution partner submitted its third repeat order, totaling over 150,000 pods across six SKUs. That customer, originally announced in February, manages more than 50 branded products and continues to scale with NEXE.
The Vancouver-based firm is also working on a next-generation compostable pod compatible with Nespresso OriginalLine machines, with a launch expected later this year.