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Monday, June 6, 2022

Breaking #AI #Stock News: GBT (OTCPK: $GTCH) is Researching the Development of a Unified, #MachineLearning-driven, Automated IC Design Environment; #artificialintelligence



 

Breaking #AI #Stock News: GBT (OTCPK: $GTCH) is Researching the Development of a Unified, #MachineLearning-driven, Automated IC Design Environment; #artificialintelligence

 

The solution aims to provide one comprehensive Integrated circuit design platform including planning, implementation and verification in a single, unified environment

 

SAN DIEGO, CA, June 6, 2022 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is researching the development of a machine learning-driven, automated integrated circuits design environment, enabling Fast-Track, Design-to-Silicon capabilities. The research is focused on an unified environment that contemplates including architecture design, functional verification, full-system power analysis and comprehensive physical verification. The goal of the design environment is to improve design performance by analyzing latency area optimization, bandwidth and power.  The solution that the Company is researching is aimed to support custom analog, mixed, radio frequency and synthesis designs. In addition, the Company intends that the new system will perform signoff extraction, static timing analysis (STA), robust physical verification including design for manufacturing (DFM) and electromigration.  

 

Read this in full at https://www.investorideas.com/CO/GOPH/news/2022/06061IC-Design-Environment.asp

 

Typically, the industry is using separate electronic design automation (EDA) tools for specific topic which creates vast integration efforts.  GBT plans to offer a one-shop stop for the entire IC design flow.  GBT believes that a comprehensive, highly automated flow, would enable fast-track for an IC design project by combining traditionally separate front-end and back-end chip design technologies, into one integrated flow. The automated flow is being designed to eliminate iterations between EDA tools, accelerating the design cycle and reducing the overall IC development time and costs.  The system plans to support mixed signals System on a Chip (SoC), digital cores and analog IPs.  The research is examining the use of the GBT’s machine learning-driven accelerators to dramatically enhance design productivity and enabling design reuse in the design environment.  Deep learning algorithms will aim to provide rapid design capabilities by analyzing and optimizing circuit designs and layouts. The system will take into consideration the process design rules, reliability constraints, DFM and thermal analysis aspects. GBT believes that its research will illustrate that this type of a machine learning-driven, unified, IC design environment will provide a quantum leap in efficiency and productivity for microchip’s designers, significantly reducing the overall IC’s design time.

 

“We are researching an IC solution that would target small start-up companies to large corporations in the semiconductor industry with varying design requirements.  With GBT’s new approach, we aim to develop a machine learning-driven, one automated IC design flow, enabling Fast-Track Design-to-Silicon for IC design houses.  The way we want to do this is by combining traditionally separate front-end and back-end chip design flows into one integrated environment that accelerates the overall design cycle and reducing the IC development costs.  A typical microchip design process includes many steps which are classified as front-end and back-end tasks. Various steps are executed using separate EDA tools which require vast amount of integration and design environment adjustments. The new, machine learning-driven flow that we are researching aims to provide one-stop design environment advanced capabilities, with high levels of automation, with the goal of enabling the delivery of superior quality designs, with much faster completion time.  The usage of our deep learning and advanced computational geometry algorithms aims to produce a comprehensive design environment, enabling efficient digital/analog design and implementation, particularly with advanced manufacturing nodes. In addition, we are also researching incorporating other capabilities into the system which may include functional and physical verification, simulations, power optimization, characterization, or yield management.  With this research we aim to standardize digital and analog IC’s design, simulation, verification and characterization. We firmly believe that a one, intelligent, automated IC design environment will introduce a significant productivity enhancement for IC design firms, reducing their overall projects design time and bringing them faster to market,” stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.


Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

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Friday, June 3, 2022

New #Stocks and #Trading Ideas: (NYSEAmerican: $AUST) (TSXV: $ASTR.V) (Nasdaq: $PEPG) (Nasdaq: $ASNS) (CSE: $BOIL.C) (Nasdaq: $EDBL)

 New #Stocks and #Trading Ideas: (NYSEAmerican: $AUST) (TSXV: $ASTR.V) (Nasdaq: $PEPG(Nasdaq: $ASNS) (CSE: $BOIL.C) (Nasdaq: $EDBL)

 

New #Stocks to Watch in #Mining, #Biotech, #Cybersecurity, #Health&Wellness and #Food

 



 

 

Vancouver, Kelowna, Delta, BC, June 3, 2022 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Mining, Biotech, Cybersecurity, Health & Wellness and Food. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2022/main/06031Stocks.asp

 

The newest mining companies have operations across the Americas and are involved in precious metals, battery metals and REE exploration.

 

The latest biotech companies are involved in the treatment of eyes and ocular diseases and neuromuscular and neurological diseases.

 

The newest food and cybersecurity companies are both recent Nasdaq IPO’s, while the latest Health and Wellness stock is a recently added CSE (Canadian Stock Exchange) listing.

 

New Stocks added to the Mining Stocks List:

Austin Gold Corp. (NYSEAmerican:AUST) is a gold exploration company focused on gold targets and making district-scale gold discoveries in Nevada. In specific, the Company was formed for the purposes of drilling the Kelly Creek Project, a mineral exploration project located on the Battle Mountain-Eureka (Cortez) gold trend in Humboldt County, Nevada.

The Company continues to consider other regional projects to increase the opportunity for economic success, and in connection therewith it has acquired three other non-material mineral exploration projects.

 

Astra Exploration (TSXV: ASTR) is an exploration company based out of Vancouver, BC. Astra is engaged in the acquisition, exploration and development of epithermal gold-silver properties in Chile and is building a portfolio of high-quality projects. Astra's current focus is the development of the Pampa Paciencia Project.

 

American Rare Earths Ltd. (OTCQB:ARRNFASX:ARR) is an Australian exploration and technology company focused on rare earths with its most advanced projects in the US; which have the potential to be the largest rare earths deposits in the US.

 

Blackstone Minerals Ltd. (OTCQX: BLSTFASX: BSX) is focused on building an integrated upstream and downstream battery metals processing business in Vietnam that produces NCM Precursor products for Asia’s growing Lithium-ion battery industry.

 

Blue Thunder Mining Inc. (TSXV:BLUEOTCQB: BLTMF) is a gold exploration company that controls 100% of a large land position near Chibougamau, Québec. The Muus Project covers approximately 51,000 hectares in five separate blocks of prospective ground in the eastern part of the Abitibi Greenstone Belt. The Project is considered particularly prospective for gold mineralization, as a series of prominent ductile and brittle faultsets transect the property, including the Guercheville and Fancamp deformation zones, both of which are associated with numerous past and currently producing precious and basemetal mines in the District.

 

Canada Silver Cobalt Works Inc. (TSXV:CCWOTCQB:CCWOF) recently discovered a major high-grade silver vein system at Castle East located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The Company has completed a 60,000m drill program aimed at expanding the size of the deposit with an update to the resource estimate underway. The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently completed a nearly 10,000-metre drill program on the Graal property; and (2) the prospective 1,000-hectare Eby-Otto gold property close to Agnico Eagle's high-grade Macassa Mine near Kirkland Lake, Ontario where it will be exploring in 2022. Canada Silver Cobalt's flagship silver-cobalt Castle mine and 78 sq. km Castle Property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a Canadian leader in the silver-cobalt space.

 

Karora Resources Inc. (TSX:KRROTCQX: KRRGF) is focused on increasing gold production to a targeted range of 185,000-205,000 ounces by 2024 at its integrated Beta Hunt Gold Mine and Higginsville Gold Operations (“HGO”) in Western Australia. The Higginsville treatment facility is a low-cost 1.6 Mtpa processing plant, expanding to a planned 2.5 Mtpa by 2024, which is fed at capacity from Karora's underground Beta Hunt mine and Higginsville mines. At Beta Hunt, a robust gold Mineral Resource and Reserve are hosted in multiple gold shears, with gold intersections along a 4 km strike length remaining open in multiple directions. HGO has a substantial Mineral gold Resource and Reserve and prospective land package totaling approximately 1,900 square kilometers. The Corporation also owns the high grade Spargos Reward project, which came into production in 2021. Karora has a strong Board and management team focused on delivering shareholder value and responsible mining, as demonstrated by Karora’s commitment to reducing emissions across its operations

 

Omai Gold Mines Corp (TSXV:OMGOTCPK:OMGGF) through its wholly owned subsidiary Avalon Gold Exploration Inc., holds a 100% interest in the Omai Prospecting License that includes the past producing Omai Gold Mine, and a 100% interest in the adjoining Eastern Flats Mining Permits. Once South America's largest producing gold mine, Omai produced over 3.7 million ounces of gold between 1993 and 2005. In 2022, the Company announced an initial Mineral Resource Estimate on the new Wenot gold deposit. The Company's short-term priorities are to build on the known Mineral Resources, while advancing exploration on key targets, providing a solid opportunity to create significant value for all stakeholders.

 

Newcore Gold Ltd. (TSXV:NCAUOTCQX: NCAUF) is advancing its Enchi Gold Project located in Ghana, Africa’s largest gold producer. The Project currently hosts an Inferred Mineral Resource of 1.41 million ounces of gold at 0.62 g/t. Newcore Gold offers investors a unique combination of top-tier leadership, who are aligned with shareholders through their 27% equity ownership, and prime district scale exploration opportunities. Enchi’s 216 km2 land package covers 40 kilometres of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several 5 million-ounce gold deposits, including Kinross’ Chirano mine 50 kilometers to the north. Newcore’s vision is to build a responsive, creative and powerful gold enterprise that maximizes returns for shareholders.

 

QuestEx Gold & Copper Ltd. (TSXV:QEXOTCQX: QEXGF) is exploring for gold and copper with a focus on the Golden Triangle and Toodoggone areas of British Columbia, Canada. It has a 100% ownership interest in one of the largest portfolios of mineral tenures in British Columbia's metal-rich Golden Triangle. The portfolio includes the 312 square km KSP property, which is surrounded by some of the most important past and current mining and development projects in British Columbia (e.g. Eskay Creek, Snip, Brucejack, KSM, Johnny Mountain). In the northern corner of the Golden Triangle in the Red Chris mining district, QuestEx's portfolio includes the Castle property, a porphyry copper-gold project located adjacent to Newmont's Saddle property, and along trend of the Saddle North porphyry copper-gold deposit (more than 10 million ounces gold, in all categories). Other properties include North ROK, Coyote, and Kingpin in the Golden Triangle, Sofia in the Toodoggone district and Heart Peaks and Hit in other strategic districts within British Columbia.

 

Val-d’Or Mining Corporation (TSXV:VZZOTCPK:VDOMF) is a junior natural resource issuer involved in the process of acquiring and exploring its diverse mineral property assets, most of which are situated in the Abitibi Greenstone Belt of NE Ontario and NW Québec. To complement its current property interests, the Company regularly evaluates new opportunities for staking and/or acquisitions. Outside of its principal regional focus in the Abitibi Greenstone Belt, the Company holds several other properties in Northern Québec (Nunavik) covering different geological environments and commodities (Ni-Cu-PGE's).

 

Reyna Silver Corp. (TSXV:RSLVOTCQX: RSNVF) is a growth-oriented junior exploration and development company focused on exploring for high-grade, district-scale silver deposits in Mexico and USA. Reyna's principal properties are the Guigui and Batopilas Properties in Chihuahua, Mexico and the Medicine Springs property in Nevada, USA. Guigui covers the interpreted source area for the Santa Eulalia Carbonate Replacement District (CRD) and Batopilas covers most of Mexico's historically highest-grade silver system. Medicine Springs, where the Company has an option to acquire an 80% interest, appears to host a largely buried, widely developed CRD system.

 

Viva Gold Corp. (TSXV:VAUOTCQB:VAUCF) holds 100% of the Tonopah Gold Project, a large land position consisting of approximately 10,500 acres located on the world class Walker Lane Trend in western Nevada, 30 minutes' drive south-east of the Kinross Round Mountain mine and 20 minutes' drive from the Town of Tonopah. The project has a measured and indicated contained mineral gold resource of 394,000 ounces at a gold grade of 0.78 grams/tonne and 206,000 ounces of Inferred resource at 0.87 grams/tonne. Viva is advancing the project towards feasibility and permitting.

 

Kuya Silver Corp. (CSE:KUYAOTCQB: KUYAF) is a Canadianbased mineral exploration and development company with a focus on acquiring, exploring, and advancing precious metals assets in Peru and Canada.

 

Tesoro Resources Limited (ASX: TSO) is an Australian public company with exploration stage gold assets in Chile. It owns 95% of its Chilean subsidiary, Tesoro Mining Chile SpA (TMC) and has recently increased its ownership of the El Zorro Gold Project (El Zorro) in Chile to 85%.

 

New Stocks added to the Biotech Stocks List:

PepGen Inc. (Nasdaq:PEPG) is a clinical-stage biotechnology company advancing the next-generation of oligonucleotide therapies with the goal of transforming the treatment of severe neuromuscular and neurological diseases. PepGen’s Enhanced Deliver Oligonucleotide, or EDO, platform is founded on over a decade of research and development and leverages cell-penetrating peptides to improve the uptake and activity of conjugated oligonucleotide therapeutics. Using these EDO peptides, we are generating a pipeline of oligonucleotide therapeutic candidates that target the root cause of serious diseases.

 

OKYO Pharma Ltd (Nasdaq:OKYO) is a life sciences company developing next-generation therapeutics to improve the lives of patients suffering from inflammatory eye diseases and ocular pain. OKYO’s research program is focused on a novel G Protein-Coupled Receptor, or GPCR, which OKYO believes plays a key role in the pathology of these inflammatory eye diseases of high unmet medical need. OKYO’s therapeutic approach is focused on targeting inflammatory and pain modulation pathways that drive these conditions. The Company is presently developing OK-101, its lead preclinical product candidate, for the treatment of dry-eye disease “DED”. The Company also plans to evaluate its potential in benefiting patients with ocular neuropathic pain, uveitis and allergic conjunctivitis.

 

Bausch & Lomb Corp (NYSE:BLCOTSX:BLCO) is dedicated to protecting and enhancing the gift of sight for millions of people around the world – from the moment of birth through every phase of life. Its comprehensive portfolio of more than 400 products includes contact lenses, lens care products, eye care products, ophthalmic pharmaceuticals, over-the-counter products and ophthalmic surgical devices and instruments. Founded in 1853, Bausch + Lomb has a significant global research and development, manufacturing and commercial footprint with more than 12,000 employees and a presence in nearly 100 countries. Bausch + Lomb is headquartered in Vaughan, Ontario with corporate offices in Bridgewater, New Jersey.

 

New Stocks added to the Cybersecurity Stocks List:

ACTELIS NETWORKS INC (Nasdaq:ASNS) is a market leader in cyber-hardened, hybrid fiber-copper networking solutions for wide-area IoT applications including federal, state and local government, ITS, military, utility, rail, telecom and campus applications. Actelis’ unique portfolio of hybrid fiber-copper, environmentally hardened aggregation switches, high density Ethernet devices, advanced management software and cyber-protection capabilities, unlocks the hidden value of essential networks, delivering safer connectivity for rapid, cost-effective deployment.

 

New Stocks added to the Heath & Wellness Stocks List:

Beyond Oil Ltd. (CSE:BOIL) is a food-tech innovative company that has developed a unique patented breakthrough solution to eliminate Free Fatty Acids (FFA) from oils through a green and cost effective process.

 

New Stocks added to the Food Stocks List:

Edible Garden AG Inc (Nasdaq:EDBL) is a leader in locally grown organic leafy greens and herbs backed by Zero-Waste Inspired® next generation farming. Offered at over 4,000 stores in the US, Edible Garden is disrupting the CEA agriculture and sustainability technology movement with its safety-in-farming protocols, use of sustainable packaging, patented GreenThumb software and self-watering in-store displays. The company currently operates state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey, and in partnership with growers near major markets in the U.S. Its proprietary GreenThumb software optimizes growing in vertical and traditional greenhouses while seeking to reduce pollution generating food miles. Edible Garden is also a developer of ingredients and proteins, providing an accessible line of plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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Thursday, June 2, 2022

#AIEye #Podcast 701: #Stocks discussed: (NYSE: $DHX) (OTC: $SMKG) #artificialintelligence



 

 

#AIEye #Podcast 701: #Stocks discussed: (NYSE: $DHX) (OTC: $SMKG) #artificialintelligence

 

DHI Group Receives Patent for its Dice Taxonomy, and Smart Card Marketing Systems to Implement AI in PayTech and Fintech Solutions

 

Global #AI in #Retail Market to Reach $36.46B by 2030

 

Vancouver, Kelowna, Delta, BC – June 2, 2022  Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence.

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/060222-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/06021DHX-SMKG.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (NYSE:DHX) (OTC:SMKG)

 

DHI Group, Inc. (NYSE:DHX) has announced that the United States Patent & Trademark Office has issued a patent for the taxonomy incorporated in its Dice service. The Dice's taxonomy, according to the press release, is a vital piece of the company’s IntelliSearch, “the artificial intelligence and machine-learning algorithm used to increase the efficiency for Dice clients in searching for qualified candidates.” Art Zeile, CEO of DHI Group, Inc., which is the parent company of Dice, said:

 

"The power of the taxonomy skills mapping, which is the heart of our matching technology, brings incredible efficiency to recruiters sourcing for technologists and technology professionals looking for ideal career opportunities. The newly acquired patent validates the proprietary nature of our data model, which DHI has spent a decade creating and perfecting. Our ability to connect the necessary skills for a technology position with a client's job requirements is unmatched and will only get better in time with further advancements in artificial intelligence, machine learning and engagement of our products."

 

Smart Card Marketing Systems Inc. (OTC:SMKG) has announced the implementation of RegTech Artificial Intelligence with its PayTech and Fintech solutions, allowing it to further enhance its Chat Bot AI technology. This comes as a consequence of the company’s recently entering into a confidential vendor agreement. SMKG’s CEO, Massimo Barone, said:

 

“An exciting step forward in Regulatory Compliance with Artificial Intelligence. This extension with our platforms and expansion of our services to the Financial Industry will provide monitoring and underwriting with a new analytical tool for both self-assessment and 3rd party verifications and monitoring.”

 

 

Global AI in Retail Market to Reach $36.46B by 2030

 

A report published by Research and Markets finds that the global AI in Retail market is projected to grow from $1.71 billion USD in 2021 to $36.46 billion by 2030, registering a compound annual growth rate (CAGR) of 40.5 percent in the forecast period. An excerpt from the report’s description explains the factors influencing the market’s growth:

 

This is because retailers are using AI to offer personalized services and product recommendations and predict consumer behavior. AI is also being leveraged by e-commerce platforms for accurate demand forecasting, supply chain planning, and real-time customer intelligence gathering.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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Get more Technology stock investor ideas - news, articles, podcasts and stock directories

Media alert (NYSE: $KULR) - Is This Cooling Technology Company Ready To Heat Up?- #Bezinga

Media alert (NYSE: $KULR) - Is This Cooling Technology Company Ready To Heat Up?- #Bezinga

 

by Johnny Rice, Benzinga Contributor

 

Source https://www.benzinga.com/markets/penny-stocks/22/06/27518466/is-this-cooling-technology-company-ready-to-heat-up

 

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

 

Consumers are increasingly looking for all-electric vehicles, fueling the explosive growth of companies like Tesla Inc. TSLA +6.01% + Free Alerts and Rivian Automotive Inc.  RIVN +6.08% + Free Alerts

 

Beyond the automotive industry, the electronification of daily life reportedly continues to grow as well. Mobile phones are now in 97% of pockets in the U.S., and an ever-expanding stable of devices is making our homes “smart.” These consumer electronics are more capable and faster than ever before. In fact, Apple Inc. APPL iPhones are over 100 times faster than Deep Blue, the IBM’s IBM +0.09% + Free Alerts supercomputer that beat the reigning world chess champion Gary Kasparov. The computer weighed 1.4 tons.

 

This increased performance, however, can come at a cost. Electronics produce heat. The faster and more powerful, sometimes the hotter the item can become. Whether consumer electronics, high-performance electric engines, energy storage solutions or aerospace applications, how electric systems deal with the heat they produce can make or break a product.

 

Manufacturers across industries reportedly have a great need for innovative solutions to cool their electronics. KULR Technology Group KULR  says it may have some of the most cutting-edge solutions around. The company has worked with the likes of NASA's Jet Propulsion Laboratory (JPL).

 

“KULR’s solution is the lightest weight battery heat sink option NASA has evaluated to date,” Dr. Eric Darcy, Ph.D, battery systems lead at NASA, said of KULR’s systems. “NASA has not found a design solution with as much promise for preventing lithium-ion battery TRP (thermal runaway propagation).”

 

The company reports that it has cooling applications across many other industries as well. In today’s world, surprisingly few products do not have a need for cooling solutions. KULR says it is working to help mitigate heat issues in 5G infrastructure, defense applications, battery safety and the exciting new frontier of the metaverse.

 

This emerging industry is expected by some to reach dizzying heights. A recent report by Citi Group Inc.

C -0.84% + Free Alerts projects the total addressable market will be over $8 trillion by 2030. The immersive experience of the metaverse relies on layers of hardware infrastructure - a market KULR is helping to address.

 

The company recently inked a deal with a major conglomerate of manufacturers to provide a carbon-fiber solution that facilitates “biosensing,” allowing users to navigate the metaverse using nerve signals.

 

If you’d like to know more about the exciting work KULR is doing, check out https://www.kulrtechnology.com/.

 

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

 

Source

https://www.benzinga.com/markets/penny-stocks/22/06/27518466/is-this-cooling-technology-company-ready-to-heat-up

 

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