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An update from YPB Group Ltd. ( (AU:CDE) ) is now available.
Codeifai Limited has announced progress in its due diligence for acquiring AntennaTransfer.io, an AI-backed quantum secure platform, expected to be rebranded as QuantumAI Secure. The acquisition includes exclusive agreements with Effective Acceleration Ventures Limited (EAV) and Geometric Energy Corporation (GEC), granting them rights to use the platform in defense and aerospace sectors, respectively. EAV, a NATO-registered defense procurement agency, has committed to a minimum spend of CAD $1 million for exclusivity in the defense sector, while GEC, partnered with SpaceX, will spend at least USD $1.5 million for exclusivity in aerospace operations. This move is expected to strengthen Codeifai’s position in the quantum security and AI markets, with implications for stakeholders in defense and aerospace industries.
More about YPB Group Ltd.
Codeifai Limited is an Australian technology company operating at the intersection of Artificial Intelligence, Quantum Computing, and cybersecurity. The company is focused on building intelligent infrastructure that enhances privacy, scalability, and performance, aiming to empower a new digital economy through strategic innovation and visionary leadership.
Average Trading Volume: 9,613,227
Technical Sentiment Signal: Sell
Current Market Cap: A$11.8M
See more insights into CDE stock on TipRanks’ Stock Analysis page.