NEAP

Niobium Secures $5.5 Million in Venture Financing to Commercialize FHE Accelerator Chip

Retrieved on: 
Tuesday, May 7, 2024
HP Labs, Acceleration, PCI Express, SOC, Silicon, FHE, Hewlett-Packard, Research, Pharmacy, Privacy, Growth, NEAP, Cryptocurrency

Niobium's purpose-built hardware acceleration for FHE is performance-led for the fastest FHE acceleration, unlocking new possibilities for the data economy.

Key Points: 
  • Niobium's purpose-built hardware acceleration for FHE is performance-led for the fastest FHE acceleration, unlocking new possibilities for the data economy.
  • The Niobium founders built a dedicated team of the world's most advanced cryptography experts and world-class chip designers to bring its FHE accelerator chip to market.
  • "Securing this financing validates the groundbreaking work we're doing at Niobium and propels us into the next critical phase of bringing our FHE accelerator chip to market.
  • "I am thrilled to join the board of Niobium, a company that stands at the forefront of privacy technology with the world's first FHE accelerator chip.

Algoma Steel Comments on Ontario’s Recently Announced Northern Energy Advantage Program

Retrieved on: 
Friday, April 8, 2022
Company, Risk, Ontario Securities Commission, OSC, NASDAQ, Leadership, Form, Forward-looking statement, Legislation, EAF, SEDAR, NEAP, ASTL, SEC, Program, Government, Steel, Government of Ontario, CEO, U.S. Securities and Exchange Commission, Carbon, STE, Private Securities Litigation Reform Act, TSX, Electricity, Prospectus, HRC, Intention, Goal, BOF, COVID-19, SEC filing, GLOBE, News, Courage, DSPC, Security (finance), Renewable energy

MARIE, ONTARIO, April 08, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today commented on Ontarios newly announced Northern Ontario Energy Advantage Program (NEAP), an important program for Algoma as it pursues its transition to electric arc furnace (EAF) steelmaking.

Key Points: 
  • MARIE, ONTARIO, April 08, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today commented on Ontarios newly announced Northern Ontario Energy Advantage Program (NEAP), an important program for Algoma as it pursues its transition to electric arc furnace (EAF) steelmaking.
  • Ontarios clean energy grid is known as one of the lowest carbon emitting power supplies across North America.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on position us firmly as your partner in steel.