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MicroCloud Hologram Inc. reports company news around holographic technology services and related quantum-security research for the Nasdaq-listed issuer under HOLO.
The company’s established business includes holographic LiDAR services, point-cloud algorithm architecture, imaging solutions, sensor chip design, vehicle intelligent vision technology for ADAS customers, and holographic digital twin services, with revenue mainly generated in China. Recent announcements also center on post-quantum cryptography and quantum-computing technologies, including quantum key distribution, quantum random number generation, Strong Designated Verifier Signature design, Grover-algorithm identity authentication, FPGA-based surface-code simulation, and hybrid quantum-classical 3D object detection models.
MicroCloud Hologram (NASDAQ: HOLO) has announced the launch of Digital Simulated Quantum Computing (DAQC), a new computational paradigm that combines digital quantum computing with simulated quantum simulation. The company has developed an efficient digital simulated quantum algorithm for calculating the Quantum Fourier Transform, demonstrating improved fidelity as the number of quantum bits increases.
HOLO implemented DAQC using the homogeneous all-to-all two-body Ising model and conducted numerical simulation experiments on quantum devices with 3, 5, 6, and 7 qubits. The test results showed that DAQC outperforms purely digital implementations in terms of quality and fidelity. While DAQC has some inherent noise sources, it eliminates errors from entangling two-qubit gates, addressing challenges in the noisy intermediate-scale quantum (NISQ) era.
MicroCloud Hologram (NASDAQ: HOLO) has developed an advanced quantum computing solution using a fast adiabatic driving protocol to control heavy hole spin qubits in a double quantum dot system. The new technology demonstrates significant advantages over traditional quantum experimental protocols by achieving higher quantum state fidelity and better noise suppression.
The company's innovation effectively suppresses charge noise during qubit operations and achieves high stability in qubit initialization. HOLO has also successfully implemented single-qubit and two-qubit gate operations, including NOT, CNOT, and SWAP-like gates, achieving quantum state fidelities of up to 99% in the heavy-hole spin system architecture.
MicroCloud Hologram Inc. (NASDAQ: HOLO) held its 2024 Annual General Meeting on September 27, 2024, where shareholders approved several key proposals. These include a 20-to-1 share consolidation, increasing the authorized share capital from $500,000 to $10,000,000, and adopting a dual-class share structure. The consolidation will reduce outstanding Class A Ordinary Shares from 410,883,973 to 20,544,198. The company aims to meet NASDAQ's minimum $1.00 per share requirement. Trading on a split-adjusted basis will begin on October 9, 2024, with a new CUSIP number. The consolidation also affects warrant exercise prices and the number of shares issuable upon exercise.
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MicroCloud Hologram Inc. (NASDAQ: HOLO) announced a significant advancement in artificial intelligence with the development of HDH-GPT (Holo Digital Human GPT) technology. This breakthrough enables the creation of Holo Digital Humans that utilize deep learning for interactive holographic display. The technology enhances the company’s intellectual property protection and core competitiveness. HOLO's innovative AI model understands user inquiries, providing accurate responses and facilitating continuous dialogue. The HDH-GPT technology has potential applications across various industries, including aerospace, automotive, and medical, promising future usability developments in areas like live streaming and gaming.
MicroCloud Hologram (NASDAQ: HOLO) announced the development of a holographic quantum chromodynamic research database information management system, enhancing its intellectual property and technological leadership. This system integrates quantum chromodynamics for secure holographic data communication, achieving a QCD information security network. It utilizes quantum entangled photons for generating high-resolution holograms and provides protocols such as QSDC and QKD. The system ensures secure, low-noise transmission, capable of detecting data theft. This innovation positions HOLO to be a leader in the future of information transmission security.
MicroCloud Hologram (NASDAQ: HOLO) announced on February 2, 2023, its development of a blockchain NFT-based 3D-BIM multi-user collaborative design solution. This innovative technology aims to enhance intellectual property protection and improve technological competitiveness. By utilizing blockchain's secure and tamper-proof features, HOLO ensures reliable design information management while addressing copyright issues in collaborative environments. The solution employs a hybrid storage model, combining on-chain data security with off-chain file storage. HOLO's advancements in digital twin technology signify a strong focus on integrating holographic data for various corporate needs.