Ispire Technology is focused on R&D and creates innovative products including cartridges, disposables, batteries and dabbing products.
FACILITIES:
31,000 sq ft ISO and GMP-certified manufacturing facility in Malaysia.
NEWS & PARTNERSHIPS:
2023
The company entered into a 5-year exclusive manufacturing and global distribution agreement with Hempacco where Aspire will supply, distribute and commercialize Hempacco’s branded cannabinoid and nicotine vapor products, namely Dogg Lbs by Snoop Dogg. The company will exclusively distribute vaping products worldwide for Hempacco and oversee manufacturing and quality control of Hempacco’s vaping hardware. The company will provide Hempacco with manufacturing and quality control of its branded vaping hardware and Hempacco will in turn lease filling machines from Ispire and become a preferred vape-filling manufacturing partner in the Ispire ecosystem.
The company received the Best End-User Technology Award at Benzinga’s Cannabis Capital Conference in September.
The company entered into a 5-year exclusive global manufacturing and distribution deal with BrkFst vapor products, a brand created by Burna Boy.
The company entered into a strategic partnership with Cookies where Ispire will support Cookies’ product needs through a dedicated product team and Cookies will help with its third-party retail and wholesale partners to sell up to 15 million units of agreed upon Ispire products.
2024
The company started a JV with Berify and Chemular to pioneer next-gen e-cigarette age-verification technology with prioritzation on safety, user experience and value-adding features and control.
The company opened a 31,000 sq ft ISO and GMP-certified manufacturing facility in Malaysia for the production of vaporizers, cartridges, pod systems, disposables and batteries for the global vapor industry.
The company launched its SWTCH ONE in collaboration with Hidden Hills and their oils. The Swtch One is a dual tank all-in-one vaping device that provides consumers with the ability to seamlessly transition between 2 1.5mL oil tanks, or blend both.
The company entered into a long-term agreement to supply Acreage with the company’s Ispire ONE vapor products and filling machines.
The company entered into an exclusive distribution deal with Dank Pack for a range of Ispire’s vaping products and accessories to be sold in South Africa.
The company’s subsidiary Aspire Science and Technology secured an original design manufacture relationship with a leading global e-cigarette brand which had purchase orders for 3 million units per-month, a sales volume expected to remain consistent over the next 12 months at a value of over $100 million in annual top-line revenue to Ispire.
The company signed an exclusive 30-year global licensing agreement with Hidden Hills Club for a global roll-out of their nicotine products. The company will manufacture, distribute and commercialize Hidden Hills-branded nicotine products worldwide with initial sales in Hidden the UAE and South Africa, followed by countries in the EU and the UK.
The company launched its I-80 which allows for the filling and sealing of 4,000 vapor devices per hour and offers cannabis companies expected savings of 1,000 USD per 10,000 units produced, thanks to the machine’s integrated self-sealing technology which eliminates the need for separate capping.
The company secured a 5-year distribution agreement with ANDS for the Middle East, North Africa and global duty-free markets.
The company launched VLT, a pod system with the 510-thread system merged with disposables which helps customers save money and the environment.
2025
The company launched a 24-month, 10-million USD stock repurchase program which included accelerated share-buyback programs, tender offers and privately negotiated transactions.
The company announced the launch of Burna Boy’s BrkFst nicotine products in South Africa and Nigeria made possible through the company’s first international nicotine license arrangement. The products are available in over 500 locations across the countries, including major chains such as Pick n Pay, Forecourts, Spaza shops and HORECA outlets, with plans of expansion to 1,500 additional locations over the next half year, looking into expanding into major retailers such as Checkers, Spar and Family Stores.
The company’s JV IKE Tech submitted a component Pre-Market Tobacco Product Application and Tobacco Product Master File to the FDA for its Bluetooth Low Energy System-on-a-Chip. Marking a historic industry first, the application covers a standalone, blockchain-enabled age-verification component designed for universal integration across electronic nicotine delivery systems that requires continuous, real-time identity verification rather than a one-time check at purchase. Backed by a Human Factors Validation Study showing 100% effectiveness in blocking underage use, perfect demographic accuracy, and high user satisfaction, this milestone allows Ispire to secure commercial sales of the component while integrating the technology directly into its own devices to lead the market in regulatory compliance and youth prevention.
The company secured an interim license from the Malaysian Government for the manufacturing of nicotine products, the first and only authorized nicotine manufacturing license in Malaysia, granting immediate authority for production, export, and import.
2026
The company entered into a joint venture with Shandong Jincheng Pharmaceutical Group to manufacture and commercialize nicotine pouch products. Jincheng Pharma will contribute manufacturing equipment, technical expertise, and nicotine pouch materials, enabling a rapid operational ramp-up and supporting near-term production and commercialization.