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Nvidia's Quest For Data Centre Dominance, The Rare Earth Element Search, And National Security In Space
Uncovering the world’s most exciting early stage companies. Discover what’s next.
Nvidia Is Backing Applied Digital For Data Centre Dominance
Applied Digital (NASDAQ: APLD) has raised $160 million in new funding from multiple strategic investors in a round that was led by chip making giant Nvidia (NASDAQ: NVDA) and prominent real estate development company Related Companies. Applied Digital is on the leading edge of building out data centre infrastructure that is purpose built for artificial intelligence workloads and is also currently in the process of constructing one of the largest data centres in the entire world.
The Search For New Supply Of North American Rare Earth Elements
Rare earth elements are highly important for the global energy transition, which has led to an uptick in both new capital pursuing the opportunity and publicly traded North American companies beginning to make a push to find large domestic discoveries. American Rare Earths (ASX: ARR), Tactical Resources (TSXV: RARE), and Energy Fuels (NYSE: UUUU) are among the companies making moves.
RedWire Wants To Be A National Security Leader In Space
Redwire (NYSE: RDW) has officially acquired Hera Systems, manufacturers of spacecraft that are purpose built for national security missions in geostationary orbit. Hera Systems has existing partnerships with the United States Space Force, the Air Force Research Laboratory and multiple other government agencies in North America.
The Sprint
Blade Air Mobility (NASDAQ: BLDE) expanded their partnership with Qatar Airlines to offer seamless helicopter flight transfers from Nice, France to Monaco.
Mastercard (NYSE: MA) has partnered with Mercuryo to launch a crypto debit card that allows users to spend digital assets that they hold in self custody wallets.
Canadian Solar (NASDAQ: CSIQ) entered into a new partnership with SOLARCYCLE for the recycling of solar panel materials.
Plug Power (NASDAQ: PLUG) has been awarded a $10 million grant from the United States Department of Energy to accelerate the build out of hydrogen refuelling stations in the United States.
Perpetua Resources (NASDAQ: PPTA) has received official approval from the United States Forest Service to advance their Stibnite Gold Project located in Idaho, which contains significant amounts of antimony, a highly important metal for military and defense purposes.
Sigma Lithium (NYSE: SGML) landed a commitment from the National Brazilian Bank For Economic and Social Development for a loan of approximately $87 million to fund the construction and development of a new lithium production plant located in Brazil.
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