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Cashed Up For Quantum Computing, An Arctic Uranium Discovery, And Billions For American-Made EVs

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November 26, 2024

Cashed Up For Quantum Computing

Rigetti Computing (NASDAQ: RGTI) has successfully completed their $100 million at-the-market equity financing, with the new growth capital going towards accelerating the development of their full-stack quantum computing systems. To date, Rigetti has been either issued or has pending over 227 patents around their technology for quantum engineering, fabrication and algorithms.

ATHA Energy Is On The Verge Of A Mega Uranium Discovery

ATHA Energy (TSXV: SASK) has announced new conclusions from their latest technical report on the Angilak Uranium Project located in Nunavut, Canada. ATHA Energy was able to establish a baseline Exploration Target for the Lac 50 Deposit of 60.8M pounds of uranium to 98.2M pounds of uranium, validating that the Angilak Uranium Project is an exceptionally high-grade uranium deposit.

A Multi Billion Dollar Loan For New Electric Vehicle Production In The United States

Rivian Automotive (NASDAQ: RIVN) landed a conditional commitment from the United States Department of Energy for $6.6 billion to accelerate the build out of a new electric vehicle manufacturing facility in Georgia. Rivian has quickly emerged as one of the most popular new entrants to the electric vehicle space, rapidly becoming one of the best selling electric automakers in all of North America.

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