Exploring the Small, Low Cost, Highly Powerful Terahertz Spectrum


Image Credit: Frans de Wit (Flickr)

Pushing the Limits of Electronic Circuits – Harnessing Terahertz Waves for the Next-Generation of Electronic Devices

 

Adam Zewe | MIT News Office

 

Ruonan Han’s (Associate Professor MIT) research is driving up the speeds of microelectronic circuits to enable new applications in communications, sensing, and security.

Han, an associate professor who recently earned tenure in MIT’s Department of Electrical Engineering and Computer Science, focuses on producing semiconductors that operate efficiently at very high frequencies in an effort to bridge what is known as the “terahertz gap.”

The terahertz region of the electromagnetic spectrum, which lies between microwaves and infrared light, has largely eluded researchers because conventional electronic devices are too slow to manipulate terahertz waves.

“Traditionally, terahertz has been unexplored territory for researchers simply because, frequency-wise, it is too high for the electronics people and too low for the photonics people,” he says. “We have a lot of limitations in the materials and speeds of devices that can reach those frequencies, but once you get there, a lot of amazing things happen.”

For instance, terahertz frequency waves can move through solid surfaces and generate very precise, high-resolution images of what is inside, Han says.

Radio frequency (RF) waves can travel through surfaces, too — that’s the reason your Wi-Fi router can be in a different room than your computer. But terahertz waves are much smaller than radio waves, so the devices that transmit and receive them can be smaller, too.

Han’s team, along with his collaborator Anantha Chandrakasan, dean of the School of Engineering and the Vannevar Bush Professor of Electrical Engineering and Computer Science, recently demonstrated a terahertz frequency identification (TFID) tag that was barely 1 square millimeter in size.

“It doesn’t need to have any external antennas, so it is essentially just a piece of silicon that is super-cheap, super-small, and can still deliver the functions that a normal RFID tag can do. Because it is so small, you could now tag pretty much any product you want and track logistics information such as the history of manufacturing, etc. We couldn’t do this before, but now it becomes a possibility,” he says.

 

Pictured: Ruonan Han, Photo by M. Scott Brauer

 

Tuning In

A simple radio inspired Han to pursue engineering.

As a child in Inner Mongolia, a province that stretches along China’s northern border, he pored over books filled with circuit schematics and do-it-yourself tips for making printed circuit boards. The primary school student then taught himself to build a radio.

“I couldn’t invest a lot into those electronic components or spend too much time tinkering with them, but that was where the seed was planted,” he says. “I didn’t know all the details of how it worked, but when I turned it on and saw all the components working together it was really amazing.”

Han studied microelectronics at Fudan University in Shanghai, focusing on semiconductor physics, circuit design, and microfabrication.

Rapid advances from Silicon Valley tech companies inspired Han to enroll in a U.S. graduate school. While earning his master’s degree at the University of Florida, he worked in the lab of Kenneth O, a pioneer of the terahertz integrated circuits that now drive Han’s research.

“Back then, terahertz was considered to be ‘too high’ for silicon chips, so a lot of people thought it was a crazy idea. But not me. I felt really fortunate to be able to work with him,” Han says.

He continued this research as a PhD student at Cornell University, where he honed innovative techniques to supercharge the power that silicon chips can generate in the terahertz domain.

“With my Cornell advisor, Ehsan Afshari, we experimented with different types of silicon chips and innovated many mathematics and physics ‘hacks’ to make them run at very high frequencies,” he says.

As the chips became smaller and faster, Han pushed them to their limits.

 

Making Terahertz Accessible

Han brought that innovative spirit to MIT when he joined the EECS faculty as an assistant professor in 2014. He was still pushing the performance limits of silicon chips, now with an eye on practical applications.

“Our goal is not only to work on the electronics, but to explore the applications that these electronics can enable, and demonstrate the feasibility of those applications. One especially important aspect of my research is that we don’t just want to deal with the terahertz spectrum, we want to make it accessible. We don’t want this to just happen inside labs, but to be used by everybody. So, you need to have very low-cost, very reliable components to be able to deliver those kinds of capabilities,” he says.

Han is studying the use of the terahertz band for rapid, high-volume data transfer that could push wireless devices beyond 5G. The terahertz band could be useful for wired communications, too. Han recently demonstrated the use of ultrathin cables to transmit data between two points at a speed of 100 gigabits per second.

Terahertz waves also have unique properties beyond their applications in communications devices. The waves cause different molecules to rotate at unique speeds, so researchers can use terahertz devices to reveal the composition of a substance.

“We can actually make low-cost silicon chips that can ‘smell’ a gas. We’ve created a spectrometer that can simultaneously identify a large range of gas molecules with very low false alarms and high sensitivity. This is something that the other spectrum is not good at,” he says.

Han’s team drew on this work to invent a molecular clock that turns the molecular rotation rate into a highly stable electrical timing signal for navigation, communication, and sensing systems. Although it functions much like an atomic clock, this silicon chip has a simpler structure and greatly reduced cost and size.

Operating in largely unexplored areas makes this work especially challenging, Han says. Despite decades of advances, semiconductor electronics still aren’t fast enough, so Han and his students must constantly innovate to reach the level of efficiency required for terahertz devices.

The work also requires an interdisciplinary mindset. Collaborating with colleagues in other domains, such as chemistry and physics, enables Han to explore how the technology can lead to useful new applications.

Han is glad he’s at MIT, where the students aren’t afraid to take on seemingly intractable problems and he can collaborate with colleagues who are doing incredible research in their domains.

“Every day we are facing new problems and thinking about ideas that other people, even people who work in this field, may consider super-crazy. And this field is in its infancy right now. There are a lot of new emerging materials and components, and new needs and potential applications keep popping up. This is just the beginning. There are going to be very big opportunities lying ahead of us,” he says.

 

Suggested Reading:



Canadian Bitcoin ETFs May Be Cathie Wood’s Solution



Mobile Artificial Intelligence is an Ever Expanding Technology





Pure Plays in EV Charging Infrastructure



The Far-Reaching Impact of the Signed $1.2 Trillion Infrastructure Law

 

Source:

https://news.mit.edu/2021/ruonan-han-circuits-1118

 

Stay up to date. Follow us:

 

Expanded Blockchain Adoption and Adaptation in 2022


Image Credit: TLC Johnson (Flickr)

Blockchain 2022 – What’s Next?

 

Applying blockchain to far broader purposes than just creating cryptocurrency will undoubtedly continue into 2022. As with most technology, its adaptation and adoption are likely to compound and improve old and new problems. Over this past year, we witnessed blockchain’s growth in digital art, smart contracts, security, logistics, and identity protection, to name a few. What can we expect from blockchain in 2022? The current trends provide some insight.

 

Blockchain Trends for 2022

According to the website techjury.com, spending on blockchain solutions by businesses is forecast to hit $11.7 billion in 2022. This is up from a projected $6.6 billion in 2021. This Could fuel growth opportunities for investors as well as businesses.

The following are the expected trends that will be driving this massive growth, along with insight on how it may impact our day-to-day lives.

 

Compelling Blockchain Statistics

 

  • By 2022, worldwide spending on blockchain solutions will reach $11.7 billion.
  • The global blockchain technology market is estimated to accumulate $20 billion in revenue by 2024.
  • The number of registered blockchain wallets in the second quarter of 2021 was more than 70 million.
  • Blockchain can reduce 30% of banks’ infrastructure costs.
  • Financial companies can save up to $12 billion a year from using blockchain.
  • Total spending on integrating blockchain into healthcare will rise to $5.61 billion by 2025.
  • The FBI owns 1.5% of the world’s total bitcoins.
  • 55% of healthcare applications will have adopted blockchain for commercial deployment by 2025.
  • 60% of CIOs were on the verge of integrating blockchain into their infrastructure by the end of 2020.

Source: techjury

 

Greening of Blockchain

There is increasing concern as to the amount of energy consumed in blockchain operations.  In a world where ESG investing and compliance is solidly in favor, the expanded use of carbon-emitting energy would seem to be moving in an adverse direction. Earlier in 2021 Tesla had even stopped accepting Bitcoin as payment because the environmental impact stood in sharp contrast to the cars they sell. In 2022 there is expected to be a greenification of blockchain.

How can blockchain be made cleaner? One way is developing less energy-consuming blockchain technology. Energy consumption is generally lowest in proof-of-stake (POS) algorithms and highest in proof-of-work (POW).

Etherium has plans to move to a POS model during 2022. Cathie Wood, Founder and CEO of Ark Invest, believes it will help lead the way to cleaner energy.  The thought process is that growing demand for energy will lead to greater investments in renewable energy alternatives; this would then be used for other applications in addition to blockchains.

 

NFTs Not Just Art

Non-Fungible Tokens (NFTs) became very talked-about in blockchain news this year. The big “oh wow” came from the attention given to an astronomical price paid for some digital artwork on this still-new medium. The sale created headlines and woke many of us up to the idea that unique digital tokens residing on blockchains could lead to many kinds of asset ownership (not just currencies). Contracts to license sports digital images began a high-tech extension of the sports cards industry.

Blockchain adaptation within the music world also sprang up and should continue its massive growth into next year. Kings of Leon and Jacques Greene are among the artists that forayed into this medium.

In 2021 Distillers William Grant and Son sold bottles of 46-year-old Glenfiddich whiskey at $18,000 per bottle alongside NFTs used to prove each bottle’s origin.

NFTs in gaming is a natural that is taking off. The game Axie Infinity allows players to “mint” their own NFT creatures to send into battle. Nike and Dolce & Gabbana offer clothing and footwear that come with their own NFTs. The metaverse that has recently become part of the general publics’ vernacular with Facebook’s, and Microsft’s announced involvement, will provide opportunities not yet envisioned for blockchain NFT creation.

National Acceptance of Cryptocurrencies

During the Summer of 2021, El Salvador became the first nation to adopt Bitcoin as legal tender.  Bitcoin can now be accepted across the country to pay for goods and services, and businesses can even use it to pay wages.  Countries as large and as influential as the U.S. are exploring the possibility or method by which they will introduce digital currency.

National cryptocurrency, where the central bank creates tokens they monitor and control, (rather than adopting existing crypto), is an area where growth in blockchain use could surpass expectations in 2022. It’s expected that digital and traditional currency would co-exist and perhaps trade on a 1:1 basis. While the UK Britcoin is unlikely to launch during 2022, other countries, including China, Singapore, and Tunisia have already dipped a toe in the water, Japan, Russia, Sweden, and Estonia are said to be right behind them.

 

The Internet of Things

“If we had computers that knew everything there was to know about things—using data they gathered without any help from us—we would be able to track and count everything, and greatly reduce waste, loss and cost. We would know when things needed replacing, repairing or recalling, and whether they were fresh or past their best.” – Kevin Ashton, credited with coining the IoT

 

Blockchain and the Internet of Things (IoT)

Blockchain is highly compatible with IoT. The reason, of course, is that it is great for recording interactions and transactions between machines. Potentially it can solve more problems than created involving security, scalability, encryption, and permanence through the nature of blockchain ledgers. It could even be used for machine-to-machine transactions – enabling micropayments to be made via cryptocurrencies when one machine or network needs services from another.

The infrastructure that will help move these networking advancements forward is the 5G rollout now underway.  It will bring greater connectivity between all smart networked equipment and machines. New data is expected to emerge from IoT and used to continually improve efficiency.

 

 

Blockchain in Vaccine Production and Tracking

Blockchain technology could improve vaccine safety in many ways. It would be particularly useful in distribution and tracking.  In April of this year, Pfizer reported instances of counterfeit Covid 19 shots. Blockchain properties make it now possible to authenticate pharmaceutical shipments, and the distribution can be traced to ensure they are arriving at their intended locations.

The integrity of pharmaceuticals through the entire supply chain can also be tracked. For example, to guarantee that batches of medicines were consistently stored at the correct temperature throughout distribution. IBM has already developed a system to coordinate between the many different and varied agencies and healthcare authorities involved with vaccine distribution using blockchain.

Take-Away

Technology in the modern world has been leading to improved living standards and enhanced lives for well over a hundred years. One of the “front-burner” technologies that will be improving our lives over the coming decade is blockchain’s capabilities. As with other new technology, most future uses haven’t been envisioned yet (ie: the inventor of the wheel hadn’t thought of its use on electric vehicles). For investors, this could lead to the kind of opportunities we experienced throughout the computer revolution from the 1990’s until today. These investment opportunities are likely to be filled with life-changing opportunities to grow wealth, and even bad opportunities to chase after values that have gotten ahead of themselves.

One way to help evaluate these opportunities is to visit Channelchek’s research and data section and type in “blockchain.”

Suggested Content:



Voyager Digital, Ltd C-Suite Interview



TAAL Distributed Information Technologies, VRS





Digerati Technologies Inc, C-Suite Interview



One Stop Systems, VRS

 

Sources:

https://techjury.net/blog/blockchain-statistics/

https://www.statista.com/statistics/800426/worldwide-blockchain-solutions-spending/

https://bernardmarr.com/what-is-blockchain/

https://medium.com/@EdChain/pow-vs-pos-a-comparison-of-two-blockchain-consensus-algorithms-f3effdae55f5

https://www.bloomberg.com/news/articles/2021-04-22/cathie-wood-s-ark-says-bitcoin-mining-is-good-for-the-planet

https://www.forbes.com/sites/bernardmarr/2021/10/27/glenfiddich-sells-18000-super-rare-whisky-as-nfts–heres-what-that-means/?sh=57d841916b81

https://bernardmarr.com/the-metaverse-explained-with-examples/

https://www.which.co.uk/news/2021/10/dont-expect-britcoin-soon-says-bank-of-england-fintech-chief/

https://www.statnews.com/2021/10/25/counterfeit-vaccines-medicines-spell-trouble-controlling-covid-19/

https://www.wsj.com/articles/pfizer-identifies-fake-covid-19-shots-abroad-as-criminals-exploit-vaccine-demand-11619006403

 

Stay up to date. Follow us:

 

Release – The Voyager Token (VGX) Listed on Coinbase Pro

 


The Voyager Token (VGX) Listed on Coinbase Pro

 

NEW YORKNov. 18, 2021 /CNW/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the Voyager token (VGX) is now listed on Coinbase Pro.

“Listing the Voyager token on Coinbase Pro provides greater access to the token and introduces VGX to a larger audience globally,” said Steve Ehrlich, CEO and Co-founder of Voyager. “We believe Coinbase’s recognition of Voyager’s native token, which is the foundation of our VLP rewards program, is a testament to the strength of the Voyager platform and our growth prospects. We’re thrilled to be on Coinbase Pro and gain exposure to Coinbase Global, Inc.’s $255 billion of AOP.”

The VGX token includes decentralized finance features such as community governance, as well as advanced utility features on the VGX platform that include staking with a current 7% reward.

The trading of VGX on Coinbase Pro will begin on or after 9 a.m. Pacific Time (PT) today if liquidity conditions are met. VGX is not yet available on Coinbase.com or via Coinbase’s Consumer mobile apps. Voyager will make a separate announcement if and when this support is added.

About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 65 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

The TSX has not approved or disapproved of the information contained herein.

Press Contacts

Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

SOURCE Voyager Digital (Canada) Ltd.

Release – Comtech Telecommunications Corp. Awarded $1.7 Million Contract Renewal with U.S. Tier-One Mobile Network Operator


Comtech Telecommunications Corp. Awarded $1.7 Million Contract Renewal with U.S. Tier-One Mobile Network Operator

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 18, 2021– 
November 18, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a 
$1.7 million renewal agreement with a 
U.S. tier-one mobile network operator. This brings total bookings to-date with this Trusted Location customer to over 
$24.0 million.

The service is a hosted turn-key system with diverse and redundant connections which interface with the carrier’s network to provide data for location services platforms.

“Comtech is dedicated to supporting this loyal customer with the best technology in location platforms,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Our decades-long commitment to this customer demonstrates the trust they have placed in Comtech.”

The contract was awarded to Comtech’s Trusted Location group, a leading provider of precise device location, mapping and messaging solutions for public safety, mobile network operators, and enterprise solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message. For more information, visit www.comtechlocation.com.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.7 Million Contract Renewal with U.S. Tier-One Mobile Network Operator


Comtech Telecommunications Corp. Awarded $1.7 Million Contract Renewal with U.S. Tier-One Mobile Network Operator

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 18, 2021– 
November 18, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a 
$1.7 million renewal agreement with a 
U.S. tier-one mobile network operator. This brings total bookings to-date with this Trusted Location customer to over 
$24.0 million.

The service is a hosted turn-key system with diverse and redundant connections which interface with the carrier’s network to provide data for location services platforms.

“Comtech is dedicated to supporting this loyal customer with the best technology in location platforms,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Our decades-long commitment to this customer demonstrates the trust they have placed in Comtech.”

The contract was awarded to Comtech’s Trusted Location group, a leading provider of precise device location, mapping and messaging solutions for public safety, mobile network operators, and enterprise solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message. For more information, visit www.comtechlocation.com.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

The Voyager Token (VGX) Listed on Coinbase Pro

 


The Voyager Token (VGX) Listed on Coinbase Pro

 

NEW YORKNov. 18, 2021 /CNW/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the Voyager token (VGX) is now listed on Coinbase Pro.

“Listing the Voyager token on Coinbase Pro provides greater access to the token and introduces VGX to a larger audience globally,” said Steve Ehrlich, CEO and Co-founder of Voyager. “We believe Coinbase’s recognition of Voyager’s native token, which is the foundation of our VLP rewards program, is a testament to the strength of the Voyager platform and our growth prospects. We’re thrilled to be on Coinbase Pro and gain exposure to Coinbase Global, Inc.’s $255 billion of AOP.”

The VGX token includes decentralized finance features such as community governance, as well as advanced utility features on the VGX platform that include staking with a current 7% reward.

The trading of VGX on Coinbase Pro will begin on or after 9 a.m. Pacific Time (PT) today if liquidity conditions are met. VGX is not yet available on Coinbase.com or via Coinbase’s Consumer mobile apps. Voyager will make a separate announcement if and when this support is added.

About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 65 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

The TSX has not approved or disapproved of the information contained herein.

Press Contacts

Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

SOURCE Voyager Digital (Canada) Ltd.

Voyager Digital (VYGVF)(VOYG:CA) – Charting a Course for Improving Results

Thursday, November 18, 2021

Voyager Digital (VYGVF)(VOYG:CA)
Charting a Course for Improving Results

Voyager Digital Ltd through its subsidiary, operates as a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet and custody services through its institutional-grade open architecture platform.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    1Q22 Results. Voyager reported $81.5 million of revenue for the fiscal first quarter ended September 30th. This is above management’s previous $63-$67 million guidance. Coinify results, not included in the guidance, added nearly $16 million of overall revenue. We had projected revenue of $65.5 million. Voyager reported a net loss of $28.9 million for the first quarter, or $0.18 per share.

    Revenue Drivers.  While transaction revenue declined sequentially to $43.5 million from $96.6 million as the entire industry experienced a volume decline, average spread remained at 110 basis points. Two new revenue lines were Staking, which added $7.7 million in a partial quarter, and Merchant Services (Coinify) which contributed nearly $14 million …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

TAAL Distributed Information Technologies (TAALF) – Strong 3Q21 Raising PT

Wednesday, November 17, 2021

TAAL Distributed Information Technologies (TAALF)
Strong 3Q21; Raising PT

Taal Distributed Information Technologies Inc delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the Bitcoin SV platform, and developing, operating, and managing distributed computing systems for enterprise users.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    3Q21 Results. TAAL had previously pre-announced 3Q revenue in the $11.5-$12.0 million (CAD) range. Actual revenue came in at $12.4 million, with income before value adjustments of $8.0 million, adjusted EBITDA of $3.9 million, and net income of $2.1 million, or $0.05 per share. We had projected revenue of $8 million, income before value adjustments of $4.8 million, and a net loss of $725,000, or $0.02 per share.

    Transactions.  TAAL processed over 52 million transactions on BSV in the quarter, earning $411,000 from transaction processing fees in the quarter, or 3% of total revenue. While mining continues to be the near-term revenue driver, we expect transaction fees to be the long-term value driver of the stock …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Release – Comtech Telecommunications Corp. Awarded $1.8 Million Contract for High-Power Solid-State Amplifiers


Comtech Telecommunications Corp. Awarded $1.8 Million Contract for High-Power Solid-State Amplifiers

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 17, 2021– 
November 17, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded an additional contract valued at 
$1.8 million for RF microwave solid-state amplifiers from a major domestic prime contractor.

These very high-power solid-state amplifiers, which utilize the latest in GaN transistor technology, were developed in close cooperation with the prime contractor and are part of a complex RF microwave transmission system used by the 
U.S. military.

“This additional contract award is another example of Comtech’s technical strength in delivering high-power solid-state transmitter solutions for military applications and the ongoing demand for our high-power solid-state amplifier products,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to 
Comtech PST Corp. (www.comtechpst.com) which is a leading independent supplier of high-power, high performance RF microwave amplifiers, transmitters and control components for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Comtech Telecommunications Corp. Awarded $1.8 Million Contract for High-Power Solid-State Amplifiers


Comtech Telecommunications Corp. Awarded $1.8 Million Contract for High-Power Solid-State Amplifiers

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 17, 2021– 
November 17, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded an additional contract valued at 
$1.8 million for RF microwave solid-state amplifiers from a major domestic prime contractor.

These very high-power solid-state amplifiers, which utilize the latest in GaN transistor technology, were developed in close cooperation with the prime contractor and are part of a complex RF microwave transmission system used by the 
U.S. military.

“This additional contract award is another example of Comtech’s technical strength in delivering high-power solid-state transmitter solutions for military applications and the ongoing demand for our high-power solid-state amplifier products,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp.

The contract was awarded to 
Comtech PST Corp. (www.comtechpst.com) which is a leading independent supplier of high-power, high performance RF microwave amplifiers, transmitters and control components for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

TAAL Distributed Information Technologies (TAALF) – Strong 3Q21; Raising PT

Wednesday, November 17, 2021

TAAL Distributed Information Technologies (TAALF)
Strong 3Q21; Raising PT

Taal Distributed Information Technologies Inc delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the Bitcoin SV platform, and developing, operating, and managing distributed computing systems for enterprise users.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    3Q21 Results. TAAL had previously pre-announced 3Q revenue in the $11.5-$12.0 million (CAD) range. Actual revenue came in at $12.4 million, with income before value adjustments of $8.0 million, adjusted EBITDA of $3.9 million, and net income of $2.1 million, or $0.05 per share. We had projected revenue of $8 million, income before value adjustments of $4.8 million, and a net loss of $725,000, or $0.02 per share.

    Transactions.  TAAL processed over 52 million transactions on BSV in the quarter, earning $411,000 from transaction processing fees in the quarter, or 3% of total revenue. While mining continues to be the near-term revenue driver, we expect transaction fees to be the long-term value driver of the stock …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Release – Voyager Digital Reports Quarter Ended September 30 2021

 


Voyager Digital Reports Quarter Ended September 30, 2021

 

Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced revenue and user metrics for the Fiscal 2022 First Quarter ended September 30, 2021.

“As we exit September and reflect on the growth of our platform, we’re glad to report that our Company is stronger than ever,” said Steve Ehrlich, CEO and Co-founder of Voyager. “Although the global crypto industry saw reduced volumes in the September quarter, our strategic decision to invest in customer acquisition and retention during that period has paid off as it resulted in a significant increase in downloads and a rise in the app rankings. That coupled with the volume uptick in the first half of the December quarter has Voyager well-positioned to exceed our June quarter record revenues in this quarter. If we look at our results on a calendar basis, we expect to exceed revenue of $360 million for the calendar year. We saw the September quarter as just a speed bump for the industry, experienced by other platforms as well, and Voyager has fared better than others on a comparative basis.”

“The dedication to our marketing efforts in the quarter is paying off as Voyager has seen increased accounts and volume growth in October and November. We will continue to invest in customer acquisition, engagement and retention, led by our industry leading loyalty program,” continued Ehrlich.

The Company is pleased to announce the following Fiscal 2022 First Quarter ended September 30, 2021 Financial and Operational Key Metrics:

  • Revenue for the quarter is $65.6 million for the historical business plus the $15.9 million from the Coinify business, totaling $81.5 million. The $65.6 million in revenue is up over 3,280% compared to $2 million for the quarter ended September 30, 3020
  • Operating Loss of $28.3 million for the quarter was incurred for strategic longer-term benefit, which has paid off and been reversed in the current quarter. Losses incurred were primarily due to investing in the loyalty and rewards program to continue user growth
  • Total verified users on the platform stand at more than 2.15 million, up 23% from 1.75 million at fiscal year fiscal year ended June 30, 2021
  • Total funded accounts exceed 860,000, up 29% from 665,000 at fiscal year ended June 30, 2021
  • Total Assets Under Management grew to $4.3 billion from $2.6 billion at June 30, 2021 with Assets Under Management at present of just under $7 billion
  • Improved our system architecture, focusing on scalability and security to handle rapid growth
  • Increased our headcount to 231 as of September 30, 2021, from 141 at June 30, 2021, which includes the headcount added through the Coinify acquisition
  • Acquired Coinify, a leading crypto payments processor and provider

 
All figures are preliminary and unaudited and subject to final adjustment. All amounts are in U.S. dollars, unless otherwise indicated.
 
“Although we continue to grow our funded accounts, Voyager’s transactional volume is contingent on market volume. Voyager plans to continue to diversify its revenues by adding additional coins that generate staking rewards as well as adding to our revenue streams through products such as NFTs and crypto based debit cards,” Ehrlich added.
 
Conference Call Details
Voyager will discuss its Fiscal 2022 First Quarter results today, November 16, 2021, via a conference call at 8:00 a.m. Eastern Time. To access the webcast, please register by clicking here. A live webcast and a replay will be available on the Investor Relations section of the Company’s website at investvoyager.com/investorrelations/events.
 
About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 65 different crypto assets using its easy-to-use mobile application and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.
 
The TSX has not approved or disapproved of the information contained herein.
 
Forward Looking Statements
Certain information in this press release, including, but not limited to, statements regarding future growth and performance of the business, momentum in the businesses, future adoption of digital assets, and the Company‘s anticipated results may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” (or the negatives) or other similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Voyager’s actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-looking statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Forward looking statements are subject to the risk that the global economy, industry, or the Company’s businesses and investments do not perform as anticipated, that revenue or expenses estimates may not be met or may be materially less or more than those anticipated, that trading momentum does not continue or the demand for trading solutions declines, customer acquisition does not increase as planned, product and international expansion do not occur as planned, risks of compliance with laws and regulations that currently apply or become applicable to the business or the interpretation or application of laws and regulations by regulatory authorities, and those other risks contained in the Company’s public filings, including in its Management Discussion and Analysis and its Annual Information Form (AIF). Factors that could cause actual results of the Company and its businesses to differ materially from those described in such forward-looking statements include, but are not limited to, a decline in the digital asset market or general economic conditions; changes in laws or approaches to regulation, the failure or delay in the adoption of digital assets and the blockchain ecosystem by institutions; changes in the volatility of crypto currency, changes in demand for Bitcoin and Ethereum, changes in the status or classification of cryptocurrency assets, cybersecurity breaches, a delay or failure in developing infrastructure for the trading businesses or achieving mandates and gaining traction; failure to grow assets under management, an adverse development with respect to an issuer or party to the transaction or failure to obtain a required regulatory approval. In connection with the forward-looking statements contained in this press release, the Company has made assumptions that no significant events occur outside of the Company’s normal course of business and that current trends in respect of digital assets continue. Readers are cautioned that the key metrics disclosed in this press release, including, without limitation,  Assets Under Management and trading volumes fluctuate and may increase and decrease from time to time and that such fluctuations are beyond the Company’s control. Forward-looking statements, past and present performance and trends are not guarantees of future performance, accordingly, you should not put undue reliance on forward-looking statements, current or past performance, or current or past trends. Information identifying assumptions, risks, and uncertainties relating to the Company are contained in its filings with the Canadian securities regulators available at www.sedar.com. The forward-looking statements in this press release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events. The Company assumes no obligation to provide operational updates, except as required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law.Readers are cautioned that past performance is not indicative of future performance and current trends in the business and demand for digital assets may not continue and readers should not put undue reliance on past performance and current trends. All figures are in U.S. dollars unless otherwise noted.
 
SOURCE Voyager Digital, Ltd.

Press Contacts
 
Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com
 

Statement of Financial Position

Statement of Loss

Release – Voyager Digital Announces the Voyager Debit Mastercard

 


Voyager Digital Announces the Voyager Debit Mastercard®

 

The Voyager Debit Mastercard is the first crypto-based debit card that pays up to 9% annual rewards, and even more for Voyager Loyalty Program members

Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2), one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the launch of the Voyager Debit Mastercard, the first crypto-based debit card that pays up to 9% annual rewards to Voyager customers, as well as additional rewards for Voyager Loyalty Program members.

“With the Voyager Debit Mastercard, we continue to lead the future of finance by giving Voyager customers the benefit of earning rewards while instantly being able to spend their crypto on everyday purchases with the convenience of a debit card,” said Steve Ehrlich, CEO and co-founder of Voyager. “By basing our debit card on the USD Coin (USDC), a stable coin priced 1-to-1 to the US dollar, we are offering customers a predictable and rewarding way to hold and easily convert crypto for payments, while offering Voyager Loyalty Program members additional rewards.”

The Voyager Mastercard enables cardholders to instantly spend their crypto assets, seamlessly and automatically converting USDC to fiat currency in order to transact on the Mastercard network. Additional features include:

  • no annual fees and no lock up of assets to earn rewards.
  • annual rewards of up to 9% on all USDC holdings of $100 or more, paid monthly—this means USDC holders receive crypto back (additional USDC) in their Voyager accounts, based on their average monthly balance.
  • seamless integration of debit card balances and transactions within the Voyager app.
  • a personal routing and account number for direct deposit and bill pay, for each card.
  • anytime access to assets via ATMs.
  • additional rewards totaling up to 10.5% annually on USDC for Voyager Loyalty Program members, depending on the tier, as well as additional crypto back on debit card purchases.

Starting today, consumers can pre-register for the Voyager Debit Mastercard through www.investvoyager.com/debitcard

Launch of the Voyager Debit Mastercard follows the announcement on November 10, 2021 that the company surpassed 1 million funded accounts, increasing funded accounts by 2,225% in just over ten months. In addition, Voyager announced registered users at 2.7 million, up from 1 million announced on April 6, 2021. This strong momentum demonstrates that consumers in the US are drawn to Voyager’s expanding crypto finance platform and that the company is the well positioned for continued growth.

Metropolitan Commercial Bank (NYSE: MCB) is the issuing bank and Usio (NASDAQ: USIO) will act at the program manager and processor for the Voyager Debit Mastercard.

 

About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 60 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

About Metropolitan Commercial Bank
Metropolitan Bank Holding Corp. (NYSE: MCB) is the holding company for Metropolitan Commercial Bank. The Bank provides a broad range of business, commercial and personal banking products and services to small and middle-market businesses, public entities and affluent individuals in the New York metropolitan area. Founded in 1999, the Bank is headquartered in New York City and operates six locations in Manhattan, Brooklyn and Great Neck, Long Island. The Bank provides banking-as-a-service to its fintech partners, which includes serving as an issuing bank for third-party debit card programs nationwide. The Bank is a New York State chartered commercial bank and a Federal Reserve System member bank whose deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation, and an equal opportunity lender. For more information, please visit www.mcbankny.com

About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, crypto exchanges and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to its clients. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas and Franklin, Tennessee, just outside of Nashville.  Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com.  Find us on Facebook® and Twitter.  Usio Press and Investor Contact: Joe Hassett, Investor Relations joeh@gregoryfca.com, 484-686-6600
 
The TSX has not approved or disapproved of the information contained herein.
 
SOURCE Voyager Digital, Ltd.

Press Contacts
 
Voyager Digital Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com