Spectral Achieves Major Patent Milestone Related to Quantum Computing
Rhea-AI Summary
Spectral has announced significant progress in its quantum computing patent strategy. The company has filed 61 patents in quantum computing and plans to file a total of 104 patents by the end of January 2025, following the acquisition of Vogon Cloud technology. The company aims to file more than 500 patent applications by the end of 2025, leveraging innovations from Verdant Quantum, Quantomo acquisitions, and their key scientists.
For context, while classical computing has seen 350,000 patents filed worldwide, quantum computing has less than 40,000 patent applications. The company's patent portfolio covers various innovations, including synthetic data usage, Monte Carlo simulations for quantum error reduction, and quantum-era cybersecurity commoditization. Their technology platform encompasses decentralized cloud, advanced quantum algorithms, quantum databases, and room-temperature quantum chips.
Positive
- Ambitious patent filing strategy with 500 applications planned by end of 2025
- Strategic acquisitions of Vogon Cloud, Verdant Quantum, and Quantomo technologies
- Early mover advantage in quantum computing patents (40,000 total field patents vs 350,000 in classical computing)
- Diverse technology portfolio covering critical quantum computing areas
Negative
- Heavy reliance on future patent filings rather than currently granted patents
- Significant investment required for extensive patent filing strategy
SEATTLE, WA / ACCESSWIRE / January 6, 2025 / "According to the World Intellectual Property Organization ("WIPO"), there were 350,000 patents filed worldwide in classical computing. Analysts estimate there are less than 40,000 patent applications that have ever been filed in quantum computing. This tells us that there is an enormous opportunity to innovate and protect innovation within quantum computing. We intend to compete hard to assert US intellectual property dominance within the quantum computing space." Announced Spectral chairman Sean Michael Brehm.
"As of today, Spectral will have filed 61 patents in the field of quantum computing. We intend to file a total of 104 patents in quantum computing by the end of January 2025, completing the initial patent filing from our acquisition of the Vogon Cloud technology. With the acquisition of Verdant Quantum and Quantomo combined with the innovations being championed by Dr. Wolf Kohn, Dr. Moshik Cohen and Chairman Sean Brehm, we have committed to filing more than 500 patent applications by the close of 2025." Said Spectral's Chief Executive Officer, Jenifer Osterwalder.
"According to the leading source of patent filings worldwide, The Patent 300 List, Nvidia had 464 patents issued in 2023. To be a global top 100 company in patents requires around 450 patents issued. Spectral intends to have 500 filings by the end of 2025, but these will be concentrated in quantum computing and hybrid computing. This will make us a global intellectual property leader in the field. Our innovations run the gamut, from unique methods to use synthetic data and Monte Carlo simulations to reduce quantum computing errors to novel approaches to the commoditization of cyber security in the quantum era. Spectral is proud to contribute important innovations that can help to maintain US dominance in this strategically critical domain. These patents secure our deep quantum technology platform, encompassing decentralized cloud, computing, advanced quantum algorithms, quantum databases, and room-temperature quantum chips." Concluded Brehm.
About Spectral Capital Corporation: Founded in 2000 and based in Seattle, Washington, Spectral Capital (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. We specialize in Quantum as a Service (QaaS), leveraging our proprietary Distributed Quantum Ledger Database technology (DQ-LDB) to offer secure, advanced storage and computing solutions.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For more information, please visit www.spectralcapital.com.
About Spectral Capital Corporation
Founded in 2000 and based in Seattle, Washington, Spectral Capital (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS), Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to deliver secure, advanced storage and computing solutions.
For more information, visit www.spectralcapital.com.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
CONTACT:
Spectral Capital
contact@spectralcapital.com
SOURCE: Spectral Capital Corp.
View the original press release on accesswire.com
FAQ
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