(MENAFN- GetNews) Spectral Capital Corporation (OTCQB:FCCN) is proud to announce the completion of its Acquisition of Node Nexus Co. LLC, a leading innovator in decentralized edge and hybrid computing, now integrated with advanced quantum computing technology.
Strategic Impact of the Acquisition
The acquisition of Node Nexus marks a significant step for Spectral in the rapidly evolving field of quantum computing. Quantum technology is critical in addressing global challenges such as cybersecurity, climate change, and the transformation of enterprise AI applications. With Node Nexus under its umbrella, Spectral Capital is now well-positioned to offer a robust suite of quantum computing solutions to enterprises and governments globally. These solutions include:
- Vogon Cloud: The newly rebranded Node Nexus Network, now known as Vogon Cloud, delivers decentralized edge and hybrid cloud solutions across 16 global regions. Vogon Cloud integrates distributed quantum ledger technology, offering enhanced data security and sustainability beyond traditional cloud services.
- QuantumVM: A revolutionary platform that seamlessly integrates legacy data management with advanced containerization technology, enabling decentralized data operations on state-of-the-art ledger and database systems.
- Expanded IP Portfolio: Spectral now boasts an extensive intellectual property portfolio with over 100 pending patents and applications, further solidifying its leadership in the quantum computing sector.
- Expert Team: The acquisition brings on board a team of 20 quantum computing specialists, whose expertise will be instrumental in driving Spectral's initiatives forward.
- Innovative Technologies: Node Nexus's cutting-edge IBA Technology ensures secure transactions, while its TVF Technology is set to revolutionize sustainable data centers.
- Government Partnerships: Spectral has secured over 10 Memoranda of Understanding (MOUs) with various governments for deploying TVF data centers dedicated to quantum computing.
Financial and Operational Highlights
In exchange for 100% ownership of Node Nexus, Spectral Capital issued 40,000,000 shares of its common stock. The acquisition is anticipated to be accretive to earnings in the near term, driving significant cost synergies and operational efficiencies. As part of this integration, Node Nexus will now operate under the Vogon Cloud brand, aligning seamlessly with Spectral's broader service offerings.
CEO 's Vision
"With this acquisition, Spectral is not merely expanding its quantum computing capabilities but positioning itself as a frontrunner in the quantum revolution," said Jenifer Osterwalder, CEO of Spectral Capital. "The early success we are seeing with Vogon Cloud technologies underscores the transformative potential of our quantum solutions, and we are enthusiastic about the path ahead."
Investor Information
For comprehensive financial details and risk factors related to this acquisition, please refer to our most recent filings with the Securities and Exchange Commission, available at Investors are encouraged to consult with their financial advisors to fully understand the implications of this acquisition.
About Spectral Capital Corporation
Founded in 2000 and headquartered in Seattle, Washington, Spectral Capital Corporation (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS), Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to provide secure, advanced storage and computing solutions.
Forward-Looking Statements
This press release contains forward-looking statements concerning future events and FCCN's business strategy. While FCCN believes the expectations reflected in these statements are reasonable, they are subject to risks and uncertainties, many of which are beyond the company's control. Actual results may differ materially from these expectations. FCCN disclaims any obligation to publicly update any forward-looking statements, except as required by law.
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