#ExploringMining #Podcast 235 – (TSXV: $OTGO.V) (NYSE: $EMX) (TSXV: $BRC.V) (TSXV: $PERU.V) (TSXV: $INCA.V)

 

#ExploringMining #Podcast 235 – (TSXV: $OTGO.V) (NYSE: $EMX) (TSXV: $BRC.V) (TSXV: $PERU.V) (TSXV: $INCA.V) 

 

Point Roberts WA, Delta BC, January 4, 2022 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts. Today’s podcast was sponsored by O2Gold Inc.

(TSXV:OTGO) , a mineral exploration company with activities in Colombia.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/010422-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2022/exploring-mining/01041OTGO-EMX-BRC-PERU-INCA.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

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EMX Royalty Corporation (NYSEAmerican:EMX) has shared results from recently completed geochemical surveys at its 100 percent owned Mt Steadman and Yarrol gold projects in central Queensland, Australia. Both projects show “numerous gold-in-soil anomalies,” along with “high levels of cobalt and nickel in rock chip samples,” at Yarrol in particular. According to the press release, “additional geochemical sampling programs will be carried out at both the Mt Steadman and Yarrol projects in the coming months with the goal of extending the soil anomalies and identifying additional drill targets,” and “drill programs are being planned for mid-2022.”

 

Blackrock Silver Corp. (TSXV:BRC) has announced the maiden drill campaign on its 100 percent owned Tonopah North project, comprising 9,000 metres in twelve reverse circulation (RC) drill holes. The company’s President and CEO, Andrew Pollard, said:

 

"2022 is poised to be a pivotal year for the Company, as we focus on the simultaneous expansion and de-risking of our Tonopah West project (maiden resource expected during Q1) while we continue our search for new discoveries in the shadows of where historic miners left off nearly a century ago. With over 110,000 metres of drilling under our belt on the Tonopah silver district, which has sharpened our understanding of the key structural controls that shape this prolific silver-gold system and benefiting from technology that wasn't available to the old-timers, we've delineated multiple new targets with district-scale potential and are excited to finally test them with the drill-bit."

 

Chakana Copper Corp. (TSXV:PERU) has reported results from thirteen additional resource definition and exploration holes drilled in Huancarama, totaling 3,265 metres at the Soledad project in Ancash, Peru. David Kelley, the company’s President and CEO, explained:

 

"The multiple high-grade intercepts from Huancarama are a fitting conclusion to the 2020-2021 resource drilling program at Soledad. Since restarting the drill program in August of 2020, we have completed over 30,000m of drilling in 143 drill holes. The initial resource estimate on the shallower extent of several breccia pipes, a first for the project, is nearing completion and will help us better understand the upside potential of the broader Soledad project. Mineralized tourmaline breccia pipes occur within a 12 km² area, within which we have defined 110 targets through systematic multidisciplinary exploration. Only 16 out of the 110 targets have been tested thus far. In addition, the current geophysical program has defined numerous new targets within the known productive structural corridors that host mineralized breccia pipes.”

 

Inca One Gold Corp. (TSXV:INCA) has shared the December production results from its Chala One Plant and Kori One Plant. Highlights include gold production of 3,648 ounces, a new all-time monthly record. The company’s President and CEO, Edward Kelly, commented:

 

"I am extremely pleased we finished the year on a high note as we achieved all-time Company records in the three main drivers of our business. Also, we accomplished two important milestones: monthly processing over an average of 300 tonnes per day and setting a new all-time high for monthly gold production. Our December processing total increased 126% over the average of the previous 11 months of 2021 and gold production increased 101% over the same 11 month period. I want to thank our employees for their continued hard work and dedication, which is much appreciated to make this past month's important milestones happen."

 

Exploring Mining Podcast Sponsor

O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.

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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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All Eyes on the #EV Sector: #Stocks to watch (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $RIVN) (NASDAQ: $LCID) (NASDAQ: $SLDP) (NYSE: $F) @neo_battery @Rivian @LucidMotors @SolidPowerInc @Ford

All Eyes on the #EV Sector: #Stocks to watch (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $RIVN) (NASDAQ: $LCID) (NASDAQ: $SLDP) (NYSE: $F) @neo_battery @Rivian @LucidMotors @SolidPowerInc @Ford

 

Point Roberts WA, Delta, BC –January 4, 2022 - Investorideas.com, a leading investor news resource covering battery and EV stocks releases a special report featuring NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a Vancouver-based company focused on silicon anode materials for EV lithium-ion batteries. Investor ideas reports on how, even amidst issues with battery demand and efficiency for the EV space, the industry is still attracting huge investor attention and progressing at a rapid pace.

 

Read this article, featuring NBM in full at https://www.investorideas.com/news/2022/renewable-energy/01041EV-NBM-RIVN-LCID-SLDP-F.asp

 

In a recent Forbes article discussing the EV market they reported, “the ease with which next-generation electric vehicle companies Rivian, Lucid and Fisker raked in billions of dollars from investors in 2021–combined with Tesla blowing past a once-unthinkable market cap of $1 trillion–marked the shift to an automotive era that’s racing to kick climate-warming carbon fuels. In the year ahead momentum shifts to auto giants General Motors, Volkswagen, Toyota and Hyundai, which are upping their electric game–and Ford with a battery-powered pickup aimed squarely at the heart of the U.S. market.”

 

The article continued, “This will be a watershed model release as Ford capitalizes on its entrenched position with customers on the EV front,” says Dan Ives, an equity analyst for Wedbush Securities. Along with the work-oriented Lightning, Rivian’s sporty R1T electric truck targeting outdoor enthusiasts will further expand the EV space (it was named MotorTrend’s “truck of the year in December). “Ford and Rivian coming out of the gates are the clear leaders in this EV pickup truck arms race which is a $1 trillion market over the next decade based on our estimates.”

 

NEO Battery Materials Ltd. (TSXV: NBM) (OTCQB: NBMFF) just shared a review of 2021 related to the advancement of the Company’s patented and proprietary silicon anode active materials for electric vehicle lithium-ion batteries.

 

NEO Battery Materials Ltd. is a company that focuses on the anode material of the 4 core battery materials: 1) Anode, 2) Cathode, 3) Separator, and 4) Electrolyte. The Company is advancing a proprietary nanotechnology to produce Silicon Anode Materials through a low-cost, single-step manufacturing process.

 

With accelerating efforts to replace parts of graphite with silicon in the anode material, the silicon anode active materials market faces a significant growth potential of 70-80% compound annual growth rate (CAGR) over the next five years, reaching a market size of approximately $5B CAD.

 

NEO Battery Materials offers a cost-competitive silicon anode material technology that 1) increases the battery run-time through improving the energy density with silicon, 2) ultra-flexibility characteristics that enable structural durability and robustness, and 3) ultra-fast charging capability through enhancing the wettability of silicon particles with its nanocoating layers.

 

Recently the company has established a 2-Track Silicon (Si) Anode Material Development Process: 1) Silicon Microparticles and 2) Silicon Nanoparticles. The Company has selected to innovate with silicon microparticles due to the significant cost savings for raw material input cost compared to silicon nanoparticles, which microparticles are on average 8 to 10 times cost-effective than nanoparticles.

 

NBM also successfully launched 3 Silicon Microparticle Anode Material Products, named NBMSiDE, with the trademark pending approval through the Korean Intellectual Property Office. Each NBMSiDE product retains unique nano coating materials and characteristics that enable the silicon microparticles to perform as an anode material. Over the year, NEO’s patent portfolio expanded from 3 issued or pending in February 2021 to 5 issued or pending patents at the end of December 2021.

 

In the company’s business developments they have increased the non-disclosure agreement (“NDA”) count from 2 in March 2021 to approximately 20 NDAs which include globally established industry players in the battery cell manufacturing, materials manufacturing, and automotive industries as well as completed the establishment of the wholly-owned South Korean subsidiary, NEO Battery Materials Korea Co., Ltd., for flexibility of operations in South Korea and creating relationships with battery manufacturers and government entities.

 

NBM also signed a Letter of Intent with the University of Toronto and an Undisclosed Global OEM for a research consortium on the R&D and scale-up of electric vehicle (EV) battery material technologies and formed a licensing agreement and collaborative development agreement with the Yonsei University of South Korea for the development and advancement of NBMSiDE manufacturing and nanocoating material technologies for high-performance EV lithium-ion batteries.

 

Mr. Spencer Huh, President and CEO of NEO expressed, “2021 was a highly special and historical year to NEO. We hold great confidence and belief that we will be among the advanced and crucial components of the supply chain for the promising lithium-ion battery industry in the coming years. We expect that 2022 will be another decisive year to achieve important and noticeable milestones related to the commercialization and performance improvement of NBMSiDE. On behalf of management and the board of directors, we would like to thank all our team and our valued shareholders for a great 2021. We will move forward at full capacity to maximize our shareholders’ value in 2022, and we wish you the best Happy New Year.”

 

The need for better and bigger batteries is affecting the entire industry as companies like Rivian Automotive, Inc. (NASDAQ: RIVN) recently announced delayed deliveries of its electric pickup truck and sports utility vehicle with big battery packs to 2023.

 

The auto giant has around 71,000 preorders of R1T pickup trucks and R1S SUVs in the United States and Canada, but the majority of them are for the small battery pack version of the vehicles, which provides 314 miles of range on one charge. On the other hand, the bigger battery pack, known as the Max pack, is expected to offer 400 miles on a single charge. However, this version accounts for only 20% of the total preorders.

 

In order to cater to the larger chunk of preorder holders, the company has decided to push back the priority timeline of building the Adventure Package with a large pack battery.

 

Explore Package preorders and vehicles with a Max pack battery configuration will follow suit in 2023. The company stated that the timings of its deliveries optimize its build sequence so that the best build combination offering the largest possible positive climate impact is prioritized.

 

To ensure that its customers remain updated about the vehicle delivery status at all times, the EV manufacturer has plans to introduce a feature on the accounts of Rivian customers that will display their current delivery timing estimate, by early 2022.

 

After having reported its first quarterly results as a listed firm earlier this month, the electric-vehicle maker has been hit by production challenges due to the ongoing supply-chain crisis, a global pandemic-induced tightened labor market and short-term issues around building electric battery modules. Despite the bottlenecks, it is to be noted that the company has already delivered 386 of the 652 vehicles that it built, including its pickup and SUV.

 

Shares of Rivian plunged 14.1% over the month compared to its industry’s decline of 5%.

 

While some companies may be struggling against the tide of battery demand, Lucid Group (NASDAQ: LCID), which is setting new standards with its advanced luxury EVs, recently announced the full exercise of the 15% "greenshoe" option under the convertible senior notes offering announced on December 8, 2021, raising an additional $262,500,000 for Lucid's business under this offering and bringing the total gross proceeds to $2,012,500,000. Comprised of green bonds, this offering means that Lucid will spend an amount equal to the proceeds on eligible green investments in its business, underscoring the company's commitment to addressing climate change and environmental challenges.

 

This also marked the beginning of trading for Lucid Group as part of the Nasdaq-100 Index®, one of the world's preeminent large-cap growth indexes.

 

"This funding will allow Lucid to carry out key milestones and growth plans further into the future, thereby mitigating risk in the business. It's also one of the largest green convertible offerings in market history, reflecting the strength and mission of our business, our track record of performance, and the enormous growth opportunity that lies in front of us," said Sherry House, CFO, Lucid Group. "We are also pleased to begin trading as part of the Nasdaq-100 Index, with Lucid added as a member of this impressive index of technology and innovation leaders."

 

Showing how heavy EV enthusiasm is still driving the industry even amongst it’s issues, a Colorado battery technology company, Solid Power Inc. (NASDAQ:SLDP) that Ford Motor Company (NYSE:F) and BMW have invested in, raised $542.9 million by going public through a reverse merger.

 

Louisville-based Solid Power Inc. shares appeared on the Nasdaq exchange a day after the closure of its acquisition by Decarbonization Plus Acquisition Corporation III (Nasdaq: DCRC), a special purpose acquisition company, or SPAC, formed to get the battery startup publicly listed.

 

The company’s solid-state battery technology promises to create batteries for electric vehicles that would be lighter, faster-charging and safer than existing lithium-ion batteries that use liquid electrolytes.

 

The SPAC deal brought Solid Power enough cash to begin commercial-scale production and integrate its solid-state batteries for use in electric vehicles in 2026.

 

“It’s a little surreal,” said Doug Campbell, Co-Founder and CEO of Solid Power, by phone from New York City just after watching the company’s shares begin trading under its own ticker symbol (Nasdaq: SLDP). “It’s been quite a journey.”

 

“We’ve got a fully funded business through 2026,” he said. “This gets us to a revenue-sustaining model, and that’s pretty cool.”

 

Solid Power has developed a new kind of battery, one that doesn't use liquid electrolytes common in lithium-ion batteries. The solid-state batteries will be more powerful, lighter and far less prone to catch fire, making electric vehicles using them able to go farther on faster charges while being safer than current batteries, Solid Power says.

 

The biggest surprise of the SPAC merger taking the company public was how few — less than 1% — of the pre-merger shareholders cashed out instead of remaining invested in Solid Power, Campbell said. "In hindsight, we did remarkably well," he said.

The company spent its early years proving solid-state battery technology. It more recently developed the process to produce the batteries at a commercial scale

 

There is no debate over whether or not there are still issues regarding supply, efficiency and size for EV batteries, but as more investors continue to be attracted to the sector making raising capital a simple matter for these companies, it seems there are a myriad of solutions on the horizon.

 

About Investorideas.com - News that Inspires Big Investing IdeasInvestorideas.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.

 

Disclaimer/DisclosureOur site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring NBM is a paid for news release on Investorideas.com – (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#AI #Healthcare #Stock News: GBT (OTCPK: $GTCH) is Developing a Mobile Application for its AI Based Healthcare Advisory System; #ArtificialIntelligence

#AI #Healthcare #Stock News: GBT (OTCPK: $GTCH) is Developing a Mobile Application for its AI Based Healthcare Advisory System; #ArtificialIntelligence

 

Enabling API connection with #healthcare providers #telemedicine platforms and enhancing overall user's experience

 

SAN DIEGO - January 4, 2022 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT" or the "Company") is now developing a mobile application for its AI empowered healthcare advisory system.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2022/01041AI-Healthcare.asp

The mobile application will be working with a back-end infrastructure, enabling an efficient and user-friendly interface. The mobile application will support private accounts, with a question & answer conversation type advising system, and in future versions, natural voice support using NLP (Natural Language Processing) technology. The mobile technology will be synchronized with the system's web application for easier and intuitive user interactions. The AI health advisory system will be trained with health-related information and connected with accredited data sources, among them are the CDC (Centers for Disease Control and Prevention), NCBI (National Center for Biotechnology Information), medical text books, and other credible resources. The system is aimed to perform as a general health Q/A advisory system, providing first-line of medical advice.

 

GBT plans to further develop the system to include intelligent telemedicine capabilities that will assist patients and healthcare specialists through connected devices. The AI-driven computer program will be able to connect to healthcare providers computerized systems through an API (Application Programming Interface); effectively, establishing direct telemedicine communications. The mobile technology plans to incorporate GBT's qTerm vital device to enable real-time vital information sharing with a healthcare professional during telemedicine sessions. The mobile application will support iOS and Android platforms and is targeted to be complete during the Q2 of 2022.

 

"As a natural evolution of our AI-driven health advisory system, we are now developing its mobile application to work with full synchronization together its web interface. As with the system's web application, the mobile app will provide a conversational interface type, designed to be at the forefront of an AI program that processes the user's data. The knowledge base health advisory system will be connected to credible health-related data resources, among them are the CDC, medical text books and NCBI, to provide credible advice for general health related questions. Additionally, we plan to implement all the necessary infrastructure within the mobile application to establish future telemedicine capabilities with clinics and healthcare providers through an API interface. The mobile app architecture will include qTerm's vital device support to enable future real-time vital data sharing within telemedicine sessions. The healthcare advisory agent is aimed to provide first line health related advice and become an assistance tool for healthcare professionals. One of its major advantages is the capability to provide healthcare support for remote locations. The mobile application design is focusing on a secured communication protocol, efficient data management and user-friendly interface. The mobile app will support iOS and Android platforms, providing intelligent healthcare assistance, monitoring and telemedicine capabilities for our new healthcare era," said 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 and developed, 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 any and 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

Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GTCH is a PR, social media and publishing client and compensates Investorideas.com https://www.investorideas.com/About/News/Clientspecifics.asp Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#AIEye #Podcast 643: #Stocks discussed: (CSE: $DIGI.C) (OTC: $XCRT) #artificialintelligence

 

#AIEye #Podcast 643: #Stocks discussed: (CSE: $DIGI.C) (OTC: $XCRT) #artificialintelligence

 

DigiMax Launching ESG AI Division, and Xcelerate to Acquire Controlling Interest in AfiyaSasa Africa

 

Global #AI in Packaging Market to Register 55.2% CAGR 2021-26

 

Point Roberts WA, Vancouver BC – January 3, 2022  – Investorideas.com (www.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/2022/010322-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/01031DIGI-XCRT.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: (CSE:DIGI) (OTC:XCRT)

 

DigiMax Global Inc. (CSE:DIGI) has announced that it is launching an ESG Solutions Division, which will use “Artificial Intelligence and Predictive Analytics to close multiple gaps in the ESG (Environmental, Social and Governance) investment space that will help investors make better investment decisions and also help developers lower their cost of capital.” DigiMax is also investing $250,000 USD to acquire MADA Analytics, a company that leverages AI solutions for renewable energy projects. DigiMax CEO Chris Carl said:

 

"We believe that MADA is a perfect partner for DigiMax as we can provide the AI expertise that they require to take their already amazing product offering to the next level. DigiMax sees this as a substantial recurring revenue business that provides optimization and cost-saving solution to EVERY renewable energy project on the planet in an industry that consists of several $trillion of installed projects globally and $300-500 billion of new projects being funded annually. If MARICube can provide even a 5% funding cost reduction or a 2% operating cost reduction to these projects, the value delivered to industry participants is enormous."

 

Xcelerate Inc. (OTC:XCRT) has signed a Membership Interest Purchase Agreement to acquire a 51 percent interest in AfiyaSasa Africa, LLC (ASA), a start-up medical technology and virtual health company that leverages AI and Augmented Reality technology aimed “to help patients in developing countries meet their medical needs by extending the reach of physicians.” Michael O'Shea, Xcelerate's CEO, said:

 

"ASA is uniquely positioned to help the people of Africa meet their medical needs by extending the reach of physicians to their patient's mobile devices through a patented breakthrough technology.”

 

 

Global AI in Packaging Market to Register 55.2% CAGR 2021-26

 

A report published by Global Market Estimates finds that the global AI in Packaging market will register a compound annual growth rate (CAGR) of 55.2 percent in the forecast period 2021-2026. An excerpt from the report summary outlines some factors influencing the market’s growth:

 

The market for AI in packaging industry is driven by factors such as rising numbers of large and complex datasets, increasing demand for contamination free packaging process, evolving industrial IoT and automation process, rising need for warehouse automation, and increasing monetary support by public-private ventures for developing smart robots and machines. Moreover, rising demand for growth in the operational efficiency of packaging plants, application of AI in intelligent business segment, and adoption of automation technologies to curb effects of COVID-19 are some of the other factors supporting the growth of the market.

 

Sam Mowers, Investorideas.com

 

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