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- Nvidia To Install Its First Quantum Computer, Vietnamese Tungsten, And Lockheed's Bet On Cargo Drones
Nvidia To Install Its First Quantum Computer, Vietnamese Tungsten, And Lockheed's Bet On Cargo Drones
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IonQ Is Preparing To Install The First Quantum Computer At Nvidia’s Research Facility
IonQ (NYSE: IONQ) has publicly stated they will deploy their Superion 256 quantum computer at Nvidia’s (NASDAQ: NVDA) Accelerated Quantum Research Centre located in Boston, Massachusetts. IonQ’s Superion 256 is aiming to be one of the first quantum computers to be capable of being mass-produced on standard semiconductor production lines and designed to fit within a standard data centre server rack.
The Elmet Group Is Buying A Stake In A Vietnamese Tungsten Refiner
The Elmet Group (NASDAQ: ELMT) entered into a new deal to acquire a 4.99% equity stake in Vietnam based Masan High-Tech Materials for $124.7 million in cash. Masan High-Tech Materials operates the Nui Phao tungsten mine and a refinery is one of the world’s highest volume producers of refined tungsten products outside of China.
Lockheed Martin Is Deepening Their Bet On A Cargo Drone Company
Elroy Air publicly stated they have $175 million in funding commitments for an equity financing round concurrent with their SPAC transaction with Inflection Point Acquisition Corp VII (NASDAQ: IPXG). Lockheed Martin’s (NYSE: LMT) venture capital arm has committed to participating in the new equity financing round in Elroy Air.
The Success Of GLP-1s Could Cause A Boom In Medical Aesthetics Next
GLP-1 weight loss can strip fat faster than skin can adapt, leaving loose skin, hollowed cheeks and a loss of fullness across the face and body. Conexeu Sciences (NASDAQ: CNXU) is targeting that growing aesthetic need with CXU™, an injectable platform in preclinical development designed to support tissue regeneration and restore lost volume.
The Sprint
Securitize (NYSE: SECZ) and ARK partnered to tokenize ARK’s closed-end interval fund known as the ARK Venture Fund on the Ethereum blockchain.
Solcoa Industries successfully raised $75 million in a new equity and debt round to build out a rare earth metallization plant.
Forward Industries (NASDAQ: FWDI) raised $25 million in a new equity financing round to accumulate more Solana.
The United States Army selected Vulcan Elements to supply rare earth magnets for SkyFoundry drone motors.
newcleo (NASDAQ: NWCL) successfully closed their business combination with NewHold Investment Corp III and began trading on the Nasdaq.
The Markets This Week
+360.8% | Greenland Energy Company
+60.5% | Surf Air Mobility
+60.3% | Firefly Neuroscience
+57.2% | GRAIL, Inc.
+51.1% | Rain Enhancement Technologies
+47.0% | Securitize
+46.3% | Brera Holdings
+43.3% | Stablecoin Development Corp.
+42.0% | Scorpio Gold
+38.3% | enCore Energy
Top Trends This Week
+23.4% | DePIN
+18.3% | a16z
+14.0% | Dan Morehead
+11.7% | Solana Holders
+10.2% | Robot Supply Stocks
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