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DGAP-News: Advanced Blockchain AG's portfolio company peaq closes EUR 2,5 million investment and announces plans for token launch

Retrieved on: 
Wednesday, June 9, 2021

Peaq Technology GmbH, a major holding of Advanced Blockchain AG (Frankfurt, primary market Dsseldorf, XETRA: ISIN DE000A0M93V6) has completed a financing round of EUR 2.5 million.

Key Points: 
  • Peaq Technology GmbH, a major holding of Advanced Blockchain AG (Frankfurt, primary market Dsseldorf, XETRA: ISIN DE000A0M93V6) has completed a financing round of EUR 2.5 million.
  • The funding is part of a larger company financing endeavor taking place under the peaq brand which comprises of peaq enterprise and peaq network.
  • peaq enterprise will use the funds to continue to focus on blockchain for enterprise, while the newly announced peaq network will be responsible for the public network and token.
  • peaq enterprise is aimed at enterprise customers and is the business arm that drives development for the public peaq network.

DGAP-News: Advanced Blockchain AG: Portfolio company peaq becomes first blockchain company to join Automotive Industry Association

Retrieved on: 
Thursday, May 6, 2021

b'The issuer is solely responsible for the content of this announcement.\nSince April 2021, peaq Technology GmbH, a portfolio company of Advanced Blockchain AG (Frankfurt, Primary Market D\xc3\xbcsseldorf, XETRA: ISIN DE000A0M93V6) is a member of the Automotive Industry Association.

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\nSince April 2021, peaq Technology GmbH, a portfolio company of Advanced Blockchain AG (Frankfurt, Primary Market D\xc3\xbcsseldorf, XETRA: ISIN DE000A0M93V6) is a member of the Automotive Industry Association.
  • peaq\'s core concern is to contribute to the success of e-mobility in Germany as part of the association.
  • peaq strives for an open and manufacturer-independent ecosystem to optimize the charging and payment process for e-cars.\nThe Berlin-based company peaq, founded in 2017, is the first blockchain software development company to become a member of the Automotive Industry Association (VDA).
  • The team of peaq CEO Till Wendler contributes its know-how from over four years of developing decentralized infrastructures.

DGAP-News: Advanced Blockchain AG: NTT, FATH Mechatronics and peaq partner on next-generation data center security solution

Retrieved on: 
Thursday, December 10, 2020

Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that peaq is partnering with NTT Global Data Centers EMEA and FATH Mechatronics to produce an innovative security solution for NTT's data centers.

Key Points: 
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that peaq is partnering with NTT Global Data Centers EMEA and FATH Mechatronics to produce an innovative security solution for NTT's data centers.
  • NTT Global Data Centers EMEA has brought FATH Mechatronics and peaq together to create and integrate an innovative access control solution for data centers.
  • The combination of FATH Mechatronics' IoT security hardware and peaq's blockchain technology software is taking data center security to new heights.
  • With this solution peaq and FATH Mechatronics eliminate the threat of hidden access grants - significantly reducing the overall threat of being compromised.

DGAP-News: Advanced Blockchain AG: ABAG's portfolio company, peaq, has released peaq access control

Retrieved on: 
Tuesday, December 1, 2020

Advanced Blockchain AG: ABAG's portfolio company, peaq, has released peaq access control, one of the world's first integration-ready solutions.

Key Points: 
  • Advanced Blockchain AG: ABAG's portfolio company, peaq, has released peaq access control, one of the world's first integration-ready solutions.
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that its portfolio company peaq Technology GmbH ( peaq.io ) has released their first integration-ready solution, called peaq access control.
  • peaq access control provides organizations with an easily manageable, one-stop platform for permission and access control.
  • peaq access control is powered by blockchain technology, which enables business logic to be executed in the form of immutable and permanent transactions.

DGAP-News: Advanced Blockchain AG: ABAG's portfolio company, peaq, has signed a Memorandum of Understanding for mass production with a leading German car company

Retrieved on: 
Monday, November 2, 2020

Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that its portfolio company peaq GmbH ( www.peaq.io ) has signed a Memorandum of Understanding (MoU) with a prominent German car company.

Key Points: 
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) announces that its portfolio company peaq GmbH ( www.peaq.io ) has signed a Memorandum of Understanding (MoU) with a prominent German car company.
  • This contract outlines the mass production of a full-scale e-mobility platform designed to be used in the automotive industry.
  • This MoU occurs as the culmination of over two years of work between peaq and this German automotive manufacturer.
  • Further information on Advanced Blockchain AG, peaq, and its other investments and projects is available on its website, www.advancedblockchain.com .

DGAP-News: Advanced Blockchain AG: Peaq Technology has successfully closed its pre-series A round

Retrieved on: 
Friday, October 16, 2020

Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) is excited to announce that its blockchain-based spin-off, peaq Technology GmbH ( peaq.io ), has successfully closed its pre-series A which closed with a financing amount of around EUR 750,000.

Key Points: 
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) is excited to announce that its blockchain-based spin-off, peaq Technology GmbH ( peaq.io ), has successfully closed its pre-series A which closed with a financing amount of around EUR 750,000.
  • Peaq is an Advanced Blockchain AG spin-out that is dedicated towards building, offering, and expanding upon a base layer blockchain technology.
  • Peaq offers this blockchain platform infrastructure to companies seeking to build innovative and advanced blockchain products.
  • Further information on Advanced Blockchain AG, peaq, and its other investments and projects is available on its website, www.advancedblockchain.com .