TechMediaWire Archives - Page 16 of 56

TuesdayJan 28, 2025 10:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Increase in Fiscal Year 2024 Bookings and First-Ever Customer Purchase of an Advantage(TM) Quantum Computer

D-Wave bookings for fiscal year 2024 will exceed $23 million, marking at least a 120% increase compared to fiscal year 2023, an increase driven in part by first-ever customer purchase of a D-Wave(TM) Advantage annealing quantum computing system. The company also announced the successful completion of a $150 million “at-the-market” (“ATM”) equity offering, contributing to a current cash balance of approximately $320 million. The Advantage quantum computer purchase represents an expansion of the company’s revenue model as a result of broadening its go-to-market offering to include on-premises system sales. CEO Dr. Alan Baratz emphasized that the company believes the world…

FridayJan 24, 2025 10:45 am

SuperCom Ltd. (NASDAQ: SPCB) Sees Record Pace of Contract Growth with New Electronic Monitoring Wins in South Dakota, Kentucky, Alabama, and Ohio

Electronic monitoring (“EM”) has become popular with criminal justice officials as a means of tracking the whereabouts of individuals and supervising their movements within court-authorized boundaries while the individuals are free from jail custody EM tech developer SuperCom recently celebrated its record pace of contract growth throughout the U.S. with the announcement of new agreements in South Dakota, Kentucky, Alabama, and Ohio, for monitoring the location of court-supervised individuals SuperCom is particularly focused on fighting domestic violence and the potential for renewed violence after someone is initially detained, using the company’s proven technology to track individuals’ movements and alert law…

FridayJan 24, 2025 10:00 am

Thumzup Media Corp. (NASDAQ: TZUP) Diversifies Liquid Assets with $1 Million Bitcoin Investment

Thumzup Media Corporation, a company at the forefront of modernizing the social media branding and marketing industry, just announced a $1 million investment in the purchase of 9.783 Bitcoin (“BTC”). Management has also requested the Board of Directors to authorize the holding of up to 90% of liquid assets in BTC. Analysts estimate that BTC could increase in value between $150,000 and $200,000 over Q1 2025. Thumzup (NASDAQ: TZUP), a Los Angeles-based company at the forefront of modernizing the social media branding and marketing industry, with its unique platform designed to connect advertisers directly with everyday social media users, recently…

WednesdayJan 22, 2025 9:30 am

SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Secures $25.8M for Battery Storage Projects as Demand Surges

The $25.8 million in financing from the Royal Bank of Canada will be used for two Ontario-based battery energy storage system projects. The projects mark SolarBank’s first foray into energy storage, a market expected to reach $31.2 billion by 2029. Contracts for the projects include a 22-year term with fixed capacity payments significantly above the market average. The projects will benefit from Canada’s Clean Technology Investment Tax Credit, covering up to 30% of eligible capital costs. Battery storage is becoming essential for grid resilience, cost management and meeting skyrocketing energy demand. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN)…

TuesdayJan 21, 2025 8:00 am

Thumzup Media Corp. (NASDAQ: TZUP) Demonstrates the Strength of Its Disruptive Advertising Model with 600+ Advertiser Sign-Ups

Thumzup Media Corp., a company at the forefront of modernizing the social media branding and marketing industry, just surpassed 600 advertisers on its platform, just weeks after crossing the 500 advertiser milestone This follows Thumzup’s recent integration with X (formerly Twitter), bringing the company’s platform integrations up to five – Facebook, Instagram, YouTube, TikTok, and now X The company remains committed to redefining the digital advertising landscape with its proprietary technology and scalable growth model Its growth is a testament to the effectiveness of its approach, and it asserts how disruptive its advertising model is Thumzup (NASDAQ: TZUP), a Los…

FridayJan 17, 2025 8:45 am

D-Wave Quantum Inc. (NYSE: QBTS) CEO Dr. Alan Baratz Details Quantum Computing Approach and Real-World Value in Response to NVIDIA CEO Jensen Huang’s Comments

At CES 2025, NVIDIA’s CEO Jensen Huang said practical quantum computing may still be 15 to 30 years away D-Wave CEO Dr. Alan Baratz rejected the claim, highlighting that his company’s annealing quantum computing solutions are already available and are solving useful problems The company is working with more than 100 organizations across multiple industries to address complex optimization issues, such as production and workforce scheduling, resource optimization, logistics routing and more D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced that CEO Dr. Alan Baratz responded…

FridayJan 17, 2025 8:00 am

Adageis, Focused on Empowering Healthcare Providers in the Shift to Provider-Centric, Value-Based Care

Adageis focuses on empowering healthcare providers with tools and insights to excel in value-based care models, using a provider-centric approach. The company’s patented AI solutions enable providers to identify high-risk patients and address care gaps effectively. Its ProActive Care Platform integrates seamlessly with existing EHR systems to enhance patient outcomes and operational efficiency. A unique offering in the healthcare technology space, the platform offers flexible integration, proactive efficiency, and advanced predictive analysis capabilities. Adageis, a healthcare technology company, is taking a bold stance in reshaping the healthcare landscape by prioritizing providers in the transition to value-based care. Unlike traditional models…

WednesdayJan 15, 2025 8:45 am

SuperCom Ltd. (NASDAQ: SPCB) Tracking Technology Provides Best-In-Class Security Tracking Solutions for Domestic Violence Cases

Electronic tracking device use for monitoring the movements of domestic violence offenders is becoming an increasingly popular alternative to incarceration throughout the world, thanks to its cost-saving approach to enhancing public safety Israel-based SuperCom is an electronic monitoring technology product developer with a growing clientele in the United States and Europe SuperCom’s PureSecurity platform includes its PureOne wearable tracking device and its PureShield mobile app, which work together with the company’s monitoring solutions to provide alerts to law enforcement and potential victims if monitored zoning limits are breached PureOne recharges cordlessly for convenience and can be worn discreetly for 48…

FridayJan 10, 2025 8:45 am

SuperCom Ltd. (NASDAQ: SPCB) Inks Contracts with South Dakota Sheriffs, Boosting Public Safety Through Superior Electronic Monitoring

A growing number of law enforcement agencies worldwide are launching electronic monitoring (“EM”) efforts, strengthening public safety by tracking supervised criminals and suspects when they are free from jail or prison custody EM tracking provides law agencies with significant cost savings compared with incarceration in a facility and provides offenders with rehabilitative opportunities that have the potential to reduce repeat offenses EM technology developer SuperCom is particularly focused on preventing repeat offenses in domestic violence cases, making it possible for law officers and potential victims to be immediately notified if a supervised individual gets too close to the victim SuperCom…

FridayJan 10, 2025 8:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Completes Second SOC 2(R) Type 2 Audit, Confirming Commitment to Rigorous Data Privacy Standards

Established by the American Institute of Certified Public Accountants and recognized worldwide, the SOC 2 Type 2 examination is designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of their potential and existing customers are protected. SOC 2 Type 2 compliance is part of D-Wave’s ongoing efforts to support customers’ production deployments of quantum and hybrid-quantum applications. The company completed its first SOC 2 Type 2 audit in December 2023 and plans to perform these assessments every year. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the…

TechMediaWire provides insights and opportunities in tech.

Contact us: (512) 354-7000

Category: TechMediaWire