StockHighAlert-
3 years ago
AdvanceTC Ltd (NSX:A88, OTCQB:ATCLF) (โAdvanceTCโ or the โCompanyโ) is pleased to announce that the Company, in recognition of its technologies, has established an R&D collaboration with The National University of Malaysia (UKM), a premier Malaysian University under the ambit of the Ministry of Education, Malaysia for the development of cutting-edge AI technologies for mobile camera vision.
https://finance.yahoo.com/news/advancetc-signs-moa-malaysian-university-151300919.html
budfoxfun
3 years ago
News Out! July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AdvanceTC Ltd (NSX:A88, OTCQB:ATCLF) (โAdvanceTCโ or the โCompanyโ) is pleased to announce that the Company, in recognition of its technologies, has established an R&D collaboration with The National University of Malaysia (UKM), a premier Malaysian University under the ambit of the Ministry of Education, Malaysia for the development of cutting-edge AI technologies for mobile camera vision.
The objective is to conduct and to commercialize new generations of application software (Apps) for future mobile/satellite cameras leveraging on new frontiers in the Digital Signal Processing techniques including but not limited to Artificial Intelligence (AI).
The MOA will focus into areas of Image Processing Algorithms and AI For High Performance Future Cameras. This work will be a step into the future of using holographic virtual reality in digital cameras.
Together with the new innovation in the camera hardware, the R&D in the AI and holography for mobile/satellite cameras could revolutionize the design of new mobile cameras for full user experience that opens up new market opportunities in the future.
BlazingStocks
3 years ago
I look at $ATCLF as GlobalStar 2.0...it is a HUGE opportunity to be first to market with satellite smartphones!
Globalstar, Inc. is an American satellite communications company that operates a low Earth orbit (LEO) satellite constellation for satellite phone and low-speed data communications, somewhat similar to the Iridium satellite constellation and Orbcomm satellite systems. The Globalstar second-generation constellation consists of 24 low Earth orbiting (LEO) satellites.
The first call on the original Globalstar system was placed on November 1, 1998, from Qualcomm chairman Irwin Jacobs in San Diego to Loral Space & Communications CEO and chairman Bernard Schwartz in New York City.
In October 1999, the system began "friendly user" trials with 44 of 48 planned satellites. In December 1999, the system began limited commercial service for 200 users with the full 48 satellites (no spares in orbit). In February 2000, it began full commercial service with its 48 satellites and 4 spares in North America, Europe and Brazil. Initial prices were $1.79/minute.
budfoxfun
3 years ago
$ATCLF via NewMediaWire -- AdvanceTC Limited (NSX:A88, OTCQB:ATCLF):
The global satellite communication market was estimated at $56.01 billion in 2019 and is expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027
According to an article issued by CNBC, the estimated $400 billion space economy is still broadly dominated by large aerospace and defense companies, serving government-funded interests. But investors say thatโs changing, with Morgan Stanley, Goldman Sachs, Bank of America andUBS each issuing frequent research for clients on how the space industry is growing. Wall Streetโs consensus is that space will become a multitrillion-dollar economy in the next 10 to 20 years โ a view investors today are banking on.
AdvanceTC is unique in the mobile satellite phone communication industry because they invented a unique Android satellite smartphone which merges multiple channels and methods of communication into one device which we call multimode-communication. AdvanceTC has identified an isolated market which hasnโt seen innovation in the last 40 years or so.
budfoxfun
3 years ago
NEW YORK, NY / ACCESSWIRE / July 19, 2021 / AdvanceTC Limited (OTCQB:ATCLF)(NSX:A88) ("AdvanceTC" or the "Company") is pleased to inform that we have appointed a professional valuer, Roma Appraisals Limited (the "Valuer"), to conduct a valuation of the Company as of 26th May 2021. The valuation report ("Valuation Report") dated 16th July 2021 stated the Company's market value was approximately USD3.015 Billion as at 26th May 2021. The valuation is based on an income approach and discounted cash-flow model. The Company would like to take this opportunity to thank and congratulate all its stakeholders on achieving this milestone. The report will be available on the Company's website this week, please find below the report link.