QTI

QT Imaging Holdings names Dr. Raluca Dinu as Acting Chief Executive Officer and Anastas Budagov as Chief Financial Officer

Retrieved on: 
Monday, March 18, 2024

Dr. Dinu will serve in this position for one year, when the Company will reevaluate this strategic position.

Key Points: 
  • Dr. Dinu will serve in this position for one year, when the Company will reevaluate this strategic position.
  • Dr. John Klock will step down as Chief Executive Officer, but will remain part of the Board of Directors, transitioning to serve as a Company advisor.
  • As previously announced, Anastas (Stas) Budagov will take the position of Chief Financial Officer.
  • Mr. Budagov served as a contracting Chief Financial Officer with QT Imaging, Inc. since December 2023 and accepted a permanent full-time job with the public company.

QT Imaging Pioneers Patient-Centric Breast Imaging Technology through Strategic Partnership

Retrieved on: 
Thursday, March 7, 2024

The QTI Breast Acoustic CT™ System, featuring the trademarked Breast ACT™ technology, is an advancement in breast imaging.

Key Points: 
  • The QTI Breast Acoustic CT™ System, featuring the trademarked Breast ACT™ technology, is an advancement in breast imaging.
  • Lastly, this NIH-funded technology represents a significant advancement in healthcare imaging, setting a new standard in breast imaging excellence.
  • “The QTI Breast Acoustic CT™ System represents a leap forward in patient-centric breast imaging.
  • This strategic partnership marks a significant achievement for QTI and serves as a testament to the advancements in breast imaging technology.

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.

Quantum Materials, LLC Acquires the Innegra™ Portfolio of High-Performance Fibers

Retrieved on: 
Tuesday, October 24, 2023

COLFAX, N.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Quantum Materials, LLC (“Quantum”), a vertically integrated manufacturer of multifilament and monofilament yarns, elastomeric woven suspension fabrics and industrial textiles, has acquired the Innegra™ portfolio of patented high-performance fibers and materials.

Key Points: 
  • COLFAX, N.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Quantum Materials, LLC (“Quantum”), a vertically integrated manufacturer of multifilament and monofilament yarns, elastomeric woven suspension fabrics and industrial textiles, has acquired the Innegra™ portfolio of patented high-performance fibers and materials.
  • Quantum has accelerated its capital expenditure plan over the last three years to expand the company’s manufacturing asset base to meet increased demand for domestic textile production.
  • We are excited to incorporate Innegra and its patented range of fibers and materials into our product portfolio,” said Allen Smith, CEO of QTI Fibers.
  • Quantum will be exhibiting the Innegra brand at the upcoming CamX show (Booth #G23) in Atlanta, GA from October 31 through November 2, 2023.

Multi-Billion Opportunities in the E-Learning Market, the Market to Hit $491.35 Billion, A 2X Growth by 2028 - Arizton

Retrieved on: 
Wednesday, July 12, 2023

The concept of virtual classrooms could be enhanced through 5G technology using high-performance AR and VR technologies.

Key Points: 
  • The concept of virtual classrooms could be enhanced through 5G technology using high-performance AR and VR technologies.
  • It is expected to grow as many E-learning companies are expected to start or have started developing applications compatible with 5G technology.
  • The United States outperforms major industrialized economies across various measures when it comes to the implementation of E-learning.
  • In 2022, the country had a well-developed communication infrastructure, with internet penetration exceeding 91% and smartphone penetration exceeding 96%.

Multi-Billion Opportunities in the E-Learning Market, the Market to Hit $491.35 Billion, A 2X Growth by 2028 - Arizton

Retrieved on: 
Wednesday, July 12, 2023

The concept of virtual classrooms could be enhanced through 5G technology using high-performance AR and VR technologies.

Key Points: 
  • The concept of virtual classrooms could be enhanced through 5G technology using high-performance AR and VR technologies.
  • It is expected to grow as many E-learning companies are expected to start or have started developing applications compatible with 5G technology.
  • The United States outperforms major industrialized economies across various measures when it comes to the implementation of E-learning.
  • In 2022, the country had a well-developed communication infrastructure, with internet penetration exceeding 91% and smartphone penetration exceeding 96%.

QTI Fibers Joins Norwest Equity Partners Portfolio

Retrieved on: 
Tuesday, July 5, 2022

Norwest Equity Partners (NEP), a leading middle market investment firm founded in 1961, has made a significant investment in QTI Fibers (QTI or the Company), a leading vertically integrated designer and manufacturer of highly technical fibers, fabrics, and coatings for consumer, healthcare, and industrial applications.

Key Points: 
  • Norwest Equity Partners (NEP), a leading middle market investment firm founded in 1961, has made a significant investment in QTI Fibers (QTI or the Company), a leading vertically integrated designer and manufacturer of highly technical fibers, fabrics, and coatings for consumer, healthcare, and industrial applications.
  • NEPs investment capital will help further position QTI for significant product, customer, and end market expansion.
  • Tim DeVries, NEP Managing Partner, said, We are thrilled to welcome QTI to our family of portfolio companies.
  • Prior to NEPs investment, QTI was a portfolio company of Highlander Partners, a Dallas-based private investment firm.

1EdTech Recognizes Innovations to Combat COVID Learning Loss and Improve Virtual Medical Training

Retrieved on: 
Thursday, June 9, 2022

LAKE MARY, Fla., June 9, 2022 /PRNewswire-PRWeb/ -- 1EdTech™, the world-leading non-profit collaborative advancing edtech and learning impact, announced the nine winning projects in the Learning Impact Awards 2022 competition. The two Platinum Award winners were recognized for an innovative solution to combat COVID learning loss over the summer months and a teaching platform that allows institutions of higher education to share high-quality images as interactive and engaging learning tools.

Key Points: 
  • The two Platinum Award winners were recognized for an innovative solution to combat COVID learning loss over the summer months and a teaching platform that allows institutions of higher education to share high-quality images as interactive and engaging learning tools.
  • The 1EdTech Learning Impact Awards recognize high-impact, evidence-based digital learning solutions and strategies implemented in an educational setting to elevate learning experiences and impact.
  • 1EdTech hosts the annual Learning Impact conference and other engagement opportunities to advance the leadership and ideas that shape the future of learning.
  • 1EdTech is supported by an affiliated public charity, the 1EdTech Foundation, that puts philanthropic funds to work for our cause.

1EdTech Enables the Next Generation of Accessible Assessment Innovation

Retrieved on: 
Wednesday, June 8, 2022

LAKE MARY, Fla. , June 8, 2022  /PRNewswire-PRWeb/ -- Allowing educators to take advantage of the latest developments in accessibility and digital assessment innovation is the goal behind the latest standard released by 1EdTech™ Consortium, the leading non-profit educational technology partnership worldwide.

Key Points: 
  • Building on the groundbreaking success of Question and Test Interoperability (QTI) 2 as the foundation for large-scale digital assessment conducted for statewide and national testing, 1EdTech has finalized the release of QTI 3.
  • "Just as QTI 2 enabled large-scale, real-time digital assessment for organizations around the world, QTI 3 is the breakthrough that will enable digital assessment innovation to reach all learners across the widest array of learning scenarios and products."
  • 1EdTech hosts the annual Learning Impact conference and other engagement opportunities to advance the leadership and ideas that shape the future of learning.
  • 1EdTech is supported by an affiliated public charity, the 1EdTech Foundation, that puts philanthropic funds to work for our cause.

New “Instant Translate” tool makes tests more inclusive

Retrieved on: 
Wednesday, June 1, 2022

Questionmark , the online assessment provider, has launched a new Instant Translate tool that will make crucial tests and exams more inclusive and accessible.

Key Points: 
  • Questionmark , the online assessment provider, has launched a new Instant Translate tool that will make crucial tests and exams more inclusive and accessible.
  • Instant Translate by Questionmark operates through machine translation.
  • Its a useful tool for fully translating a question, or simply double-checking a test-takers understanding of a particular word or phrase.
  • Instant Translate from Questionmark offers several benefits to customers and test-takers alike:
    For more information, including all the languages available for instant translations, visit https://www.questionmark.com/questionmark-features-instant-tranlsate/ .