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Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

Technology Electronic Components
NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its patented and patent pending AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis can reduce storage and streaming requirements needed for videos and images while also improving image quality in all types of environmental conditions. Aliis delivers by learning a camera profile and optimally enhancing, pixel by pixel, its quality and its resolution in a fraction of a second, using edge processing. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.


TSXV:NXO - Post by User

Nexoptic Technology Corp > NexOptic > Ongoing commercialization ...
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Post by InvestAIon Nov 08, 2022 6:43pm
228 Views
Post# 35083778

NexOptic > Ongoing commercialization ...

NexOptic > Ongoing commercialization ...

NexOptic is virtually evolving from a proof-of-concept company to a potentially full-scale, industry-leading, innovative optical development company.

 
NexOptic is now much further >> "Ongoing Commercialization".


QUOTE

Proceeds from the Placement will be applied to ongoing commercialization of NexOptic's Aliis™ suite of artificial intelligence technologies including sophisticated ESG applications and advanced image, and video correction capabilities designed for a multitude of industries. In addition, net proceeds will be applied to further build patent protections for NexOptic's AI as well as for general working capital for NexOptic and its wholly owned Korean subsidiary, NexOptic Asia Corp.

UNQUOTE  [Source: NXO PR dt. 8 Nov 2022, 02:46]


 

Kind regards,

InvestAI

 

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