Physics

Proton Capital Enters Into Agreement to Purchase PharmaChoice Canada Branded Pharmacy In Saskatoon For Proposed Qualifying Transaction

Retrieved on: 
Thursday, February 22, 2024

The Share Purchase Agreement provides that Proton will purchase 75% of the issued and outstanding shares of the Target Pharmacy.

Key Points: 
  • The Share Purchase Agreement provides that Proton will purchase 75% of the issued and outstanding shares of the Target Pharmacy.
  • The Qualifying Transaction will not constitute a Non-Arm’s Length Qualifying Transaction (as such term is ‎defined in the policies of the TSXV).
  • The parties to the Qualifying Transaction are at arm’s length and therefore the approval of the shareholders of ‎Proton in respect of the Qualifying Transaction will not be required.
  • The Prospectus will contain important detailed information about the Corporation, the Qualifying ‎Transaction and the proposed Offering.

See the Future at GTC 2024: NVIDIA’s Jensen Huang to Unveil Latest Breakthroughs in Accelerated Computing, Generative AI and Robotics

Retrieved on: 
Tuesday, February 20, 2024

NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, at 1 p.m. Pacific time.

Key Points: 
  • NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, at 1 p.m. Pacific time.
  • Since Huang first highlighted machine learning in his 2014 GTC keynote , NVIDIA has been at the forefront of the AI revolution.
  • “Generative AI has moved to center stage as governments, industries and organizations everywhere look to harness its transformative capabilities,” Huang said.
  • From generative AI to robotics to automotive, GTC attendees can interact with dozens of state-of-the-art demos, see the latest autonomous vehicle technology and explore how generative AI will impact virtually every industry.

Official 24 Hours of Le Mans Game, Le Mans Ultimate, available today

Retrieved on: 
Tuesday, February 20, 2024

Internally developed title leverages RaceControl, Motorsport Games’ Online Service platform to deliver complete product-to-play ecosystem

Key Points: 
  • Internally developed title leverages RaceControl, Motorsport Games’ Online Service platform to deliver complete product-to-play ecosystem
    MIAMI, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Le Mans Ultimate , the official game of the FIA World Endurance Championship, and 24 Hours of Le Mans (ACO), goes on sale in Early Access today.
  • The game is the first officially licenced and dedicated 24 Hours of Le Mans video game for over twenty years, created by Motorsport Games Inc. (NASDAQ:MSGM) (“Motorsport Games”) development team, Studio 397.
  • Developed with extensive manufacturer support, including detailed collaboration with Ferrari on the Le Mans Centenary winning 499, to make the included cars as realistic as possible.
  • Our immediate focus is now on continued development and expansion of Le Mans Ultimate to provide gamers with a world-class entertainment experience.”
    The 24 Hours of Le Mans and World Endurance Championship is currently undergoing a renaissance with renewed interest thanks to the new Hypercar machinery.

Room-temperature Superconducting Quantum Computers Industry Research 2023: Focus on Josephson Junctions, Microwave Control, Dilution Refrigerator, Flexible Qubits - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 5, 2024

The "The Coming Market for Room-temperature Superconducting Quantum Computers" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Coming Market for Room-temperature Superconducting Quantum Computers" report has been added to ResearchAndMarkets.com's offering.
  • This report suggests that room-temperature superconducting "minicomputers" would be based on different physics principles than today's Josephson Junction theory.
  • Low-temperature, superconducting qubits have dominated the quantum computing (QC) space since the beginning of QC commercialization, with IBM being especially dominant in this part of the market.
  • Current superconducting quantum technology implementations emphasizes transmon qubits especially, but cat-qubits, fluxoniums, Xmons, 3-junction flux qubits, and C-shunt flux qubits are coming out of the research laboratories.

Pioneering work in computational and theoretical neuroscience is awarded the world’s largest brain research prize

Retrieved on: 
Tuesday, March 5, 2024

The Lundbeck Foundation has announced the recipients of The Brain Prize 2024, the world’s largest award for outstanding contributions to neuroscience.

Key Points: 
  • The Lundbeck Foundation has announced the recipients of The Brain Prize 2024, the world’s largest award for outstanding contributions to neuroscience.
  • View the full release here: https://www.businesswire.com/news/home/20240305504553/en/
    Theoretical and computational neuroscience permeates neuroscience today and is of increasingly growing importance.
  • The Brain Prize 2024 worth DKK 10 million (€1.3 million) is awarded to:
    Larry Abbott (USA), Terrence Sejnowski (USA), and Haim Sompolinsky (Israel/USA) for their Foundational work in Computational and Theoretical Neuroscience.
  • Chair of The Brain Prize Selection Committee, Professor Richard Morris, explains the reasoning behind this year’s award:
    “It is inconceivable to imagine modern brain sciences without the concomitant development of computational and theoretical neuroscience.

QT Imaging Holdings Announces Completion of Business Combination with GigCapital5

Retrieved on: 
Monday, March 4, 2024

QT Imaging Holdings, Inc. a medical device company engaged in the research, development, and commercialization of innovative body imaging systems using low frequency sound waves, and GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA, GIAFW), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced the completion of their previously announced business combination (the “Business Combination”).

Key Points: 
  • QT Imaging Holdings, Inc. a medical device company engaged in the research, development, and commercialization of innovative body imaging systems using low frequency sound waves, and GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA, GIAFW), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced the completion of their previously announced business combination (the “Business Combination”).
  • The Business Combination was approved at the Annual Meeting of GigCapital5’s stockholders on February 20, 2024.
  • Upon completion of the Business Combination, the combined company changed its name to QT Imaging Holdings, Inc. (“QT Imaging”).
  • The QT Imaging Breast Acoustic CT™ Scanner, with its already granted FDA clearance as adjunct to mammography, sets a new standard in breast imaging excellence.

Best MCAT Prep Course (2024): Blueprint Prep & Magoosh Reviewed by Better Business Advice

Retrieved on: 
Friday, March 1, 2024

Better Business Advice, a prominent online platform providing business and consumer guidance, has released a comprehensive assessment of the top MCAT prep courses for the year 2024.

Key Points: 
  • Better Business Advice, a prominent online platform providing business and consumer guidance, has released a comprehensive assessment of the top MCAT prep courses for the year 2024.
  • The review highlights two leading MCAT prep companies: Blueprint Prep and Magoosh , both providing remarkable resources developed by academic experts.
  • Selecting the best MCAT prep course is paramount for optimizing preparation and attaining one’s desired score on the exam.
  • Better Business Advice provides a comprehensive review comparing the best MCAT prep courses which can be helpful for medical students planning to take the MCAT.

Monumo's Anser Engine Achieves Record 10 Million Simulations in 24 Hours

Retrieved on: 
Tuesday, February 27, 2024

The company's scalable, machine learning-friendly, Anser™ Engine is now able to run 10 million simulations in 24 hours.

Key Points: 
  • The company's scalable, machine learning-friendly, Anser™ Engine is now able to run 10 million simulations in 24 hours.
  • This means that we can identify the optimal parameters for specific motor use-cases, whether that is reducing cost, increasing efficiency or improving sustainability.
  • “The Anser Engine has already revealed innovations that surpass human ability, but these incredible results are just the beginning.
  • It’s hard to overstate the role we anticipate this unique combination of technologies will have in the future of engineering disciplines and beyond.”

Oceaneering Appoints New Member to Its Board of Directors

Retrieved on: 
Tuesday, February 27, 2024

Oceaneering International, Inc. (NYSE: OII) today announced that Ms. Reema Poddar has been elected to its Board of Directors as an independent, non-executive director in Class I, effective as of February 22, 2024.

Key Points: 
  • Oceaneering International, Inc. (NYSE: OII) today announced that Ms. Reema Poddar has been elected to its Board of Directors as an independent, non-executive director in Class I, effective as of February 22, 2024.
  • Ms. Poddar has also been appointed to the Nominating, Corporate Governance and Sustainability Committee of the Board.
  • Previously, Ms. Poddar served on the corporate council board of advisors to the Dean of UC San Diego Jacobs School of Engineering.
  • Kevin McEvoy, Oceaneering’s Chairman of the Board, stated, "We are pleased to welcome Ms. Poddar to Oceaneering’s Board.

Alasdair Trotter joins Grant Thornton as national managing principal of Growth Advisory

Retrieved on: 
Monday, February 26, 2024

Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, today announced that Alasdair Trotter has joined the firm as national managing principal of Growth Advisory within the Advisory Services practice.

Key Points: 
  • Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, today announced that Alasdair Trotter has joined the firm as national managing principal of Growth Advisory within the Advisory Services practice.
  • Trotter assumes the role from interim leader Scott McGurl , a longstanding principal who will continue to provide transaction advisory services to clients.
  • As the firm’s national managing principal of Growth Advisory, Trotter will help clients foster new business models and identify high-potential, long-term growth opportunities.
  • “From strategy and transformation to implementing innovation at all levels of an organization, Alasdair brings a wealth of experience and knowledge to Grant Thornton’s Advisory practice,” said Wade Kruse , national managing partner for Advisory Services at Grant Thornton.