Celestial

Celestial AI Closes $175 Million Series C Funding Round Led by U.S. Innovative Technology Fund

Retrieved on: 
Wednesday, March 27, 2024

Celestial AI™ , creator of the Photonic Fabric™ optical interconnect technology platform, today announced it raised $175 million in its Series C funding round led by Thomas Tull’s U.S.

Key Points: 
  • Celestial AI™ , creator of the Photonic Fabric™ optical interconnect technology platform, today announced it raised $175 million in its Series C funding round led by Thomas Tull’s U.S.
  • “This highly oversubscribed financing round is another testament to Celestial AI’s position to disrupt the market, and reflects the magnitude of business opportunity before us,” said Dave Lazovsky, Celestial AI founder and CEO.
  • Celestial AI’s Photonic Fabric optical interconnect technology addresses these critical challenges by revolutionizing memory and compute fabrics.
  • This latest round of funding will enable Celestial AI to execute multiple large-scale customer collaborations focused on commercializing its breakthrough Photonic Fabric technology platform.

Celestial AI Announces Photonic Fabric™ Adoption by Lead Hyperscaler Customers

Retrieved on: 
Monday, March 25, 2024

Celestial AI™ , a leading innovator in AI technology, is pleased to present the Photonic Fabric ™, a pioneering optical compute and memory fabric solution for supercharging AI infrastructure at OFC 2024 .

Key Points: 
  • Celestial AI™ , a leading innovator in AI technology, is pleased to present the Photonic Fabric ™, a pioneering optical compute and memory fabric solution for supercharging AI infrastructure at OFC 2024 .
  • Celestial AI has been collaborating with some of the largest hyperscalers to develop a deep understanding of compute, memory and network system infrastructure chokepoints.
  • After successful validation of the Photonic Fabric silicon that implements a complete link (electrical–optical–electrical) during the summer of 2023, hyperscaler customers and semiconductor customers are now designing in the Photonic Fabric optical chiplets as an initial phase of technology adoption.
  • We’re excited to be working with the giants of our industry to propel commercialization of the Photonic Fabric.”
    To accelerate customer adoption of the memory and compute fabric, Celestial AI is cultivating a Photonic Fabric ecosystem.

Meteors, supermoons, a comet and more: your guide to the southern sky in 2024

Retrieved on: 
Tuesday, January 2, 2024

What exciting events will we see in the southern sky in 2024? Meteor showers, Saturn covered by the Moon, close approaches of bright planets to each other, supermoons – and, if we’re lucky, a comet visible to the naked eye. Even if you live in a city surrounded by light pollution, these are all worth looking out for. Here are some of the highlights.May – the Eta Aquarid meteors The first of the two main Southern Hemisphere meteor showers during the year is the Eta Aquariid or Eta Aquarid shower.

Key Points: 


What exciting events will we see in the southern sky in 2024? Meteor showers, Saturn covered by the Moon, close approaches of bright planets to each other, supermoons – and, if we’re lucky, a comet visible to the naked eye. Even if you live in a city surrounded by light pollution, these are all worth looking out for. Here are some of the highlights.

May – the Eta Aquarid meteors

  • The first of the two main Southern Hemisphere meteor showers during the year is the Eta Aquariid or Eta Aquarid shower.
  • It’s named after a star in the constellation of Aquarius, the Water Carrier, as the meteors appear to originate from there.

December – the Geminid meteors


The second of the two main meteor showers is the Geminid shower. This originates in the direction of the constellation of Gemini, the Twins. Unusually, they are associated not with a comet but with a rocky asteroid named Phaeton. In 2024, they are likely to be best seen early on the morning of Saturday 14 December. The peak time to view is during the short interval between the setting of the Moon and the start of dawn.

March, June and August – the planets

  • On the evening of Friday 22 March, the brightest planet Venus is less than the width of the Moon away from the ringed planet Saturn.
  • For people in the eastern part of Australia, the Moon covers the planet Saturn low in the eastern sky on the night of Thursday 27 June.
  • From Sydney, Saturn disappears at the bright edge of the Moon at 10:55pm and reappears at its dark edge at 11:41pm.


Another close approach is in the early morning of Thursday 15 August, when the red planet Mars is less than a Moon-width from the giant planet Jupiter.

September and October – supermoons

  • It’s best to look at moonrise, as an illusion in our brains makes the Moon appear larger when it’s near the horizon.
  • The supermoons in 2024 are on Wednesday 18 September and Thursday 17 October.

October – Comet C/2023 A3 (Tsuchinshan-ATLAS)

  • A comet with the impressive name of Comet C/2023 A3 (Tsuchinshan-ATLAS), discovered in January 2023, is approaching the Sun and Earth, and may become bright enough to be easily seen.
  • Read more:
    Astronomers just discovered a comet that could be brighter than most stars when we see it next year.
  • At a distance of 71 million kilometres, the comet will be closest to Earth on Sunday 13 October.

January and May – constellations


Not only these highlighted events can be seen in the sky. There are star pictures or constellations that still stand out in the sky of bright cities. Orion, the Hunter, is a favourite Southern Hemisphere summer constellation, high in the northern sky on January evenings. It consists of four bright stars in a rectangle with a line of three stars, representing Orion’s belt, in the middle.
According to Greek legend, Orion was a great hunter who vowed to kill all animals. To stop him carrying out his threat, one of the gods sent a scorpion to kill him. This ancient story with Scorpius, the Scorpion chasing Orion takes place above our heads each night.

  • In January, people who are up at around 3 am can see Scorpius rising in the east, while its quarry Orion is sinking in the west.
  • Alternatively, if you don’t like early mornings you can see the same scene on May evenings after dusk.


Nick Lomb received author fees from Powerhouse Publishing for writing the 2024 Australasian Sky Guide.

Chanukah Drone Show to Illuminate the New Jersey Sky

Retrieved on: 
Tuesday, December 5, 2023

LIVINGSTON, N.J., Dec. 5, 2023 /PRNewswire/ --

Key Points: 
  • Featuring dazzling Chanukah designs, the drone show will take place at LifeTown in Livingston, N.J. on Thursday, December 7, beginning at 6 pm.
  • The event will include a large menorah lighting as well as traditional latkes, donuts and a Chanukah Gelt Drop.
  • The show is being produced by Celestial, whose expert team has designed extraordinary drone light shows around the world.
  • "What better way to come together and celebrate Chanukah – the festival of lights – than by transforming the night sky with a cutting-edge technology drone light show," said Rabbi Zalman Grossbaum, CEO of Friendship Circle.

RTE Executes Acquisition Agreement with Galaxy Racer

Retrieved on: 
Friday, July 14, 2023

Dubai, United Arab Emirates--(Newsfile Corp. - July 14, 2023) - MSM Corporation International Limited ("MSM") and wholly owned subsidiary, Riva Technology and Entertainment Limited (RTE) are pleased to announce the signing of an implementation agreement pursuant to which RTE will acquire the remaining securities it does not already own in Galaxy Racer Holdings Limited (GXR), an eSports, content creators, music, and sports powerhouse incorporated in the British Virgin Islands (the "Transaction"). This strategic union marks a pivotal step for both companies as they seek to combine their strengths and resources to drive the success of Celestial, with an ambitious initiative aimed at establishing a dominant media and sports conglomerate, initially focused on the MENA region and Indian sub-continent.

Key Points: 
  • Notably, GXR recently unveiled a groundbreaking joint venture with LaLiga, set to revolutionize the sports media rights industry within the MENA region and Indian sub-continent.
  • Completion of the Transaction is subject to satisfaction of the conditions.
  • The MSM and RTE Boards have implemented appropriate protocols to manage the Transaction on the basis Mr Paul Roy is the sole director of Galaxy Racer Holdings Limited.
  • Subject to the conditions precedent being fulfilled, MSM expects to complete the Transaction by 31 August 2023.

Celestial AI Announces Appointment of Bethany Mayer to Board of Directors

Retrieved on: 
Tuesday, July 11, 2023

Celestial AI , the Photonic Fabric™ company, today announced the appointment of Bethany Mayer to the Company’s Board of Directors (“the Board”).

Key Points: 
  • Celestial AI , the Photonic Fabric™ company, today announced the appointment of Bethany Mayer to the Company’s Board of Directors (“the Board”).
  • "We are delighted to welcome Bethany to Celestial AI’s board," said David Lazovsky, Celestial AI founder and CEO.
  • "Bethany’s vast experience in high-technology global businesses as a company executive, CEO and board member makes her an exceptional addition to our board of directors.
  • “I am honored to join the Celestial AI Board at this exciting time in the company’s development and introduction of its Photonic Fabric technology to the market,” said Bethany Mayer.

MSM: RTE Announces Merger with Galaxy Racer, New Holding Company to Be Rebranded as Celestial

Retrieved on: 
Friday, May 19, 2023

Dubai, United Arab Emirates--(Newsfile Corp. - May 19, 2023) - MSM Corporation International Limited ("MSM" or the "Company") is pleased to announce the acquisition by its wholly owned subsidiary, Riva Technology and Entertainment Limited (RTE), of the remaining securities it does not already own in Galaxy Racer Holdings Limited (GXR), an eSports, content creators, music, and sports powerhouse (the "Transaction"). This strategic union marks a pivotal step for both companies as they seek to combine their strengths and resources to drive the success of Celestial, a newly incorporated holding company with an ambitious initiative aimed at establishing a dominant media and sports conglomerate, initially focused on the MENA region and Indian sub-continent.

Key Points: 
  • RTE has entered into a non-binding term sheet to acquire the remaining securities it does not already currently own in GXR.
  • New holding company to be branded 'Celestial', with a focus on creating a media and sports conglomerate, initially targeted at the MENA region and the Indian sub-continent.
  • Antoine Massad, MSM Chairman, highlights the significance of this merger, stating, "This Transaction marks a momentous milestone in our journey.
  • The rebranded holding company shall set its sights on spearheading innovation, engaging audiences, and leaving an indelible mark on the rapidly evolving landscape."

Yocan Black Launches Six New Vaporizers: Redefining the Vaping Experience

Retrieved on: 
Thursday, May 18, 2023

LOS ANGELES, May 18, 2023 /PRNewswire/ -- Yocan Black , the sub-brand of renowned vaporizer manufacturer Yocan Tech, is proud to announce the highly anticipated release of its latest collection of vaporizers.

Key Points: 
  • LOS ANGELES, May 18, 2023 /PRNewswire/ -- Yocan Black , the sub-brand of renowned vaporizer manufacturer Yocan Tech, is proud to announce the highly anticipated release of its latest collection of vaporizers.
  • With cutting-edge technology, sleek aesthetics, and a commitment to excellence, these new models are set to revolutionize the vaping industry and provide enthusiasts with an unparalleled experience.
  • Its precisely crafted ergonomics and subtly slanted metallic plate provide optimal comfort and a touch of luxury, ensuring an unforgettable vaping experience.
  • Whether you prefer a discreet and portable vaporizer or a bold and powerful device, Yocan Black has the perfect option for you.

POET Technologies Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its audited consolidated financial results for the first quarter ended March 31, 2023.

Key Points: 
  • TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its audited consolidated financial results for the first quarter ended March 31, 2023.
  • The Company’s share of loss is approximately 80.7% of the loss of Super Photonics in the first quarter of 2023, 88.5% in the first quarter of 2022 and 80.7% in the fourth quarter of 2022.
  • Cash flow from operating activities in the first quarter of 2023 was ($4.4) million, compared to ($3.6) million in the first quarter of 2022 and ($2.7) million in the fourth quarter of 2022.
  • These non-IFRS financial performance measures are included because management has used the information to analyze the business performance and financial position of POET.

POET Technologies Introduces “POET Starlight” for the Artificial Intelligence Market and Receives Advanced Purchase Order from Celestial AI

Retrieved on: 
Tuesday, April 25, 2023

POET has entered into an agreement with Celestial AI, creators of the Photonic Fabric™, for development and production of POET Starlight packaged light sources and has received an advanced purchase order for initial production units.

Key Points: 
  • POET has entered into an agreement with Celestial AI, creators of the Photonic Fabric™, for development and production of POET Starlight packaged light sources and has received an advanced purchase order for initial production units.
  • “POET’s Starlight chips and its technology roadmap are complementary to our advanced silicon photonics and system-in-package technologies,” said Preet Virk, Co-founder and COO of Celestial AI.
  • “External light sources for Artificial Intelligence applications has been one of the key verticals for POET Technologies.
  • The size of the AI chip market is projected by Allied Market Research to reach $263 billion by 2031.