Nexoptic Technol Stock Price, News & Analysis

NexOptic Technology Corp. (OTCQB: NXOPF) has commenced a new integration phase with Qualcomm, enhancing its AI technology capabilities. As part of the Qualcomm Advantage Network, the collaboration allows deeper integration into Qualcomm's Snapdragon chipsets, improving real-time video enhancement at higher resolutions. The updated performance of NexOptic's Aliis algorithms, combined with Qualcomm’s advanced AI chips, demonstrates promising processing abilities. NexOptic aims to provide OEMs and ODMs with high-quality implementations of its innovative imaging solutions.

NexOptic Technology Corp. (NXOPF) announced a new phase of commercialization for its AI-based imaging solution, ALIIS™, aimed at transforming the imaging industry. The Company is fostering relationships with key semiconductor firms and has seen increasing enquiries for demonstrations. NexOptic is developing an Android app and a NVIDIA Jetson evaluation kit to showcase ALIIS™ capabilities. The Company has also secured two patents and continues to grow its team to meet rising demand. With backing from industry leaders like NVIDIA and Qualcomm, NexOptic is well-positioned in the AI-driven imaging market.

NexOptic Technology Corp. has launched its latest AI imaging technology called Neural Embedding as part of its ALIIS™ program. This on-device processing solution transforms images and videos into compact machine representations, reducing data handling complexity. Key applications include video analytics across numerous cameras, improving efficiency in data storage and processing. The technology is aimed at enhancing the adoption of intelligent imaging, with a patent pending covering its applications. Additionally, NexOptic announced a significant shareholder update regarding share ownership changes.

NexOptic Technology Corp. has received Patent No. 11,076,103 for its AI imaging technology, marking a significant milestone in its intellectual property portfolio. This patent addresses low-light image recovery using neural networks, with applications across various imaging systems. Additionally, a continuation patent for ‘Bright Spot Removal Using a Neural Network’ has received a Notice of Allowance from the USPTO. The company reports ongoing developments within its AI solutions, aimed at enhancing image processing and storage efficiency, reflecting a robust growth strategy in the imaging industry.

NexOptic Technology Corp. announced a Notice of Allowance from the U.S. Patent and Trademark Office for a key patent in their ALIIS™ AI imaging suite, aimed at enhancing video and image capture through bright spot removal using a neural network. This marks the second patent announcement within five weeks, showcasing the company's commitment to innovation and protection of its intellectual property. Executive leadership expresses excitement over additional patents in the pipeline, with ongoing efforts to strengthen their software team to support AI development.

NexOptic Technology Corp. showcased its intelligent imaging suite ALIIS™ at the Qualcomm 5G Summit 2021, highlighting its integration with Qualcomm's Snapdragon 778G chipset. As a Qualcomm Advantage Network member, NexOptic's technology is set to enhance mid-range smartphones, offering superior AI capabilities and low power consumption. The Snapdragon 778G will be available in devices from various manufacturers, expanding NexOptic's market reach and potential customer base.

NexOptic Technology Corp. announced a Notice of Allowance from the U.S. Patent and Trademark Office for a critical patent covering low light technology within its ALIIS™ AI imaging solutions. This patent, once granted, will strengthen NexOptic's intellectual property in AI imaging, influencing video, data compression, and more. The company anticipates further approvals for pending patents, aiming to enhance its position in the imaging sector.

Pristine Surgical and NexOptic have formed an exclusive partnership to integrate NexOptic’s AI-driven image processing technology into Pristine’s endoscopic visualization platform. This collaboration aims to enhance image quality and reduce costs for single-use endoscopes, which are crucial for numerous surgical procedures worldwide. With advanced optics and AI capabilities, this partnership is expected to improve surgical efficiency and patient safety. Both companies are optimistic about future developments and expanding their client base in the healthcare sector.

NexOptic Technology Corp. (NXOPF) has announced a significant preregistration response for an upcoming webinar hosted by ARM on April 7, 2021, at 8:00 am PST. With around 500 registrants from various countries, the event will showcase NexOptic's AI capabilities. Rich Geruson, Chairman of NexOptic, emphasized the synergy with ARM’s customer base and the advantages NexOptic offers in AI-driven imaging. ARM is increasingly focused on enhancing security and AI functionalities in its processors, marking an important collaboration for NexOptic.