Spectral Capital and Energy Tech Announce Strategic Partnership to Deploy Advanced Sodium-Ion Energy Storage & Hydrogen-on-Demand Technologies
SEATTLE, Feb. 10, 2025 /PRNewswire/ -- Spectral Capital (OTCQB: FCCN), a Deep Quantum Technology Platform Company, today is pleased to announce a strategic partnership with Energy Tech LLC and Essence Global LLC to deploy advanced sodium-ion energy storage and in-situ Hydrogen-on-Demand Systems (HoD). This partnership will enable Spectral's decentralized hybrid cloud and edge computing platforms to readily achieve 2.5–3.0 MWh power capacity, critical for AI-driven workloads and quantum infrastructure.
'The whole world knows that the energy needs of AI and cloud computing are on a path to be unsustainable. Deploying decentralized data centers around the world that are hyper-energy efficient, and that can generate a portion of their own power needs, is a key to Spectral's growth strategy. Energy efficiency, including battery back-up optimization and a reliable battery supply that allows on-site energy generation from multiple sources can give Spectral key advantages in lowering net energy costs for its planned data centers. This can make the data centers more cost competitive. Our lean data center footprint, with 1504 servers planned per center together with the lower energy demands means we can select sites that wouldn't be suitable from a power viewpoint for large data centers. We will be able to go where others can't, meeting cloud demand where it is.' Said Spectral President Jenifer Osterwalder.
By utilizing Energy Tech's advanced sodium-ion energy storage combined with a fully commercialized version of Essence Global's Hydrogen On Demand technology to generate on-site power, Spectral can deliver on-site, clean energy generation with a decentralized data infrastructure. This suite of technologies allows Spectral to optimize energy efficiency and become a net energy provider enhancing grid resiliency.
'This initiative is not just about expanding our energy capabilities—it's about redefining how decentralized cloud infrastructure interacts with global energy markets,' said Sean Michael Brehm, Chairman of Spectral Capital. 'By leveraging our proprietary Energy Arbitrage platform, through the integration of the CRWDUNIT intellectual property, we can dynamically balance energy loads, exploit real-time market fluctuations, and optimize cost-efficient power distribution across our global network. This ensures that our decentralized AI and quantum cloud operations remain both resilient and economically optimized.'
Strategic Role of Florida, New Zealand and Indonesia in Spectral's Vogon Cloud Initiative
As part of Spectral's Vogon Cloud initiative, it has identified 16 global regions for deployment. Among these regions are Florida, New Zealand and Indonesia which Spectral Capital and Energy Tech have selected as key locations for sodium-ion battery production and decentralized cloud infrastructure expansion.
These locations will:
Support localized energy production and data center deployment in alignment with Spectral's sustainable AI and quantum computing strategy.
Leverage favorable regulatory and economic environments to accelerate advanced energy storage and HoD Systems manufacturing.
Create foundational hubs for Spectral's decentralized quantum infrastructure, ensuring secure, high-performance energy solutions for AI, hybrid cloud, and decentralized applications.
Provide significant new high tech employment opportunities.
Energy Tech, a portfolio company of Essence Global Group, has developed and commercially deployed its cutting-edge advanced sodium-ion energy storage technology. This technology has superior performance metrics, including no risk of thermal runway, providing advantages over lithium-ion alternatives.
Through this partnership:
Spectral Capital will integrate Energy Tech's sodium-ion battery technology to power its planned decentralized quantum data centers and AI-driven cloud solutions.
Spectral will collaborate with Energy Tech to expand manufacturing operations beyond Energy Tech's current 6 GWh of annual production capacity with new planned locations in Florida, New Zealand and Indonesia.
A commercialized version of Essence Global's Hydrogen-on-Demand System is being integrated into Spectral's infrastructure designs, providing in-situ, decentralized energy generation and resulting in clean, continuous and resilient power for Spectral's planned distributed computing environments.
Key Benefits of the Partnership
Seamless Support for 2.5–3.0 MWh Power Capacity in a 20' footprint:
Advanced sodium-ion energy storage + HoD provides scalable, modular high-density energy for Spectral's decentralized data centers.
Designed to handle Spectral's AI, hybrid cloud, and quantum workloads with low-latency power delivery.
Energy Tech's Advanced Sodium-Ion Storage Advantages:
Higher thermal stability and safety - No risk of thermal runaway.
Ubiquitous source materials compared to lithium-ion alternatives - No rare earth minerals used.
Projected lifespan of 10,000+ cycles.
Hydrogen-on-Demand Systems for Decentralized Cloud Infrastructure:
In-situ, decentralized hydrogen production and energy generation minimizes supply chain dependencies.
Modular and scalable energy production to grow dynamically with cloud demand.
Provides tactical energy independence for edge computing environments.
About Energy Tech LLC
Energy Tech LLC has successfully developed and is commercially deploying its breakthrough sodium-ion energy storage technology. Energy Tech's technology provides a safe, cost-effective alternative to lithium-ion batteries for energy storage, data centers and industrial applications. Energy Tech currently has 6 GWh of annual production capacity and is developing an additional 10 GWh of capacity. For more information, please visit Essence Global.
About Spectral Capital
Spectral Capital (OTCQB: FCCN) is a Deep Quantum Technology Platform Company focused on decentralized edge computing, leveraging its Vogon Distributed Quantum Ledger Database (DQLDB) and its Quantum Algorithms and its Plasmonic System on a Chip technology to transform decentralized cloud computing with quantum-enabled solutions. With the acquisition of CRWDUNIT intellectual property, Spectral has integrated AI-driven Energy Arbitrage into its decentralized cloud operations, optimizing real-time energy use and cost efficiency. For more information visit, Spectral Capital.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as 'expects,' 'will,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,' 'estimates,' and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
For more information, please visit Spectral Capital.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
3 days ago
- Business Wire
LibertyStream Announces Closing of Promissory Note Financing
CALGARY, Alberta--(BUSINESS WIRE)-- LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (' LibertyStream ' or the ' Company ') is pleased to announce that it has closed its previously-announced offering of 12% promissory notes (the ' Notes ') for aggregate gross proceeds of $3,530,000 (the ' Offering '). Pathfinder Asset Management Ltd. (' Pathfinder ') purchased $3,400,000 aggregate principal amount of Notes under the Offering, which Notes are senior and secured against all of the Company's present and after-acquired property. The remaining $130,000 aggregate principal amount of the Notes were purchased by Alex Wylie, the Company's President and Chief Executive Officer. The Notes purchased by Mr. Wylie are unsecured The principal balance of each Note will be payable on August 8, 2026 (the ' Maturity Date '), provided that the Company shall have the right to redeem and repay the Notes at any time prior the Maturity Date, in whole or in part, without notice, bonus or penalty. The Notes bear simple interest at a rate of 12% per annum, with interest payable on the Maturity Date. The Company intends to use the proceeds from the Notes to complete the purchase of the refining unit ($2,100,000) (as disclosed in the Company's press release dated July 31, 2025) and for general working capital purposes ($1,430,000) or for such other purposes as the Company may determine to be appropriate in its sole discretion. In connection with the Offering, the Company issued an aggregate of 3,004,255 common shares in the capital of the Company (the ' Bonus Shares ') to Pathfinder and Mr. Wylie. The Bonus Shares represent a value equal to 20% of the principal amount of the Notes, calculated at a price of $0.235 per Bonus Share which was the closing price of the Company's common shares on July 31, 2025 prior to the announcement of the Offering. The Bonus Shares are subject to a four month hold period commencing on August 8, 2025, in accordance with applicable Canadian securities laws and the policies of the Exchange. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities of the Company in the United States. The Notes and Bonus Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' U.S. Securities Act ') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or except where an exemption from such registration is available. Alex Wylie, the Company's President and Chief Executive Officer, acquired $130,000 aggregate principal amount of Notes and 110,638 Bonus Shares. Accordingly, the Offering constitutes a 'related party transaction' as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (' MI 61-101 '). The Company is relying on the exemptions for the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(b) of MI 61-101, as the Notes are not listed, and will not be listed, on a specified market and the fair market value of the Notes and Bonus Shares being issued to the related party does not exceed $2,500,000, as determined in accordance with MI 61-101. The Company has not filed a material change report with respect to the participation of the insiders at least 21 days prior to the closing as the related party participation had not been determined at such time. About LibertyStream Infrastructure Partners LibertyStream is a lithium development and technology company aiming to be one of North America's first commercial producers of lithium carbonates from oilfield brine. Our strategy is to generate value for shareholders by leveraging management's hydrocarbon experience to deploy our proprietary DLE technology directly into existing oil and gas infrastructure, thereby reducing capital costs, lowering risks and supporting the world's clean energy transition. With four differentiating pillars, and a proprietary DLE technology and process, LibertyStream's innovative approach to development is focused on generating the highest lithium recoveries with lowest costs, positioning us for future commercialization. We are committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value. Investors and/or other interested parties may sign up for updates about the Company's continued progress on its website: This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities of the Company in the United States. The Notes and Bonus Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' U.S. Securities Act ') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or except where an exemption from such registration is available. Forward Looking Statements This news release includes certain 'forward-looking statements' and 'forward-looking information' within the meaning of applicable Canadian securities laws. When used in this news release, the words 'anticipate', 'believe', 'estimate', 'expect', 'target', 'plan', 'forecast', 'may', 'will', 'would', 'could', 'schedule' and similar words or expressions, identify forward-looking statements or information. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation, the use of proceeds of the Offering. With respect to the forward-looking information contained in this press release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. Additionally, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein including the risk of delay in completing the purchase of the Refining Unit, the risk that management's production estimates relating to the Refining Unit turn out to be incorrect, and generally, those known risk factors outlined in the Company's annual information form for the year ended June 30, 2024, the Management's Discussion and Analysis for the six months ended December 31, 2024, and the (final) short form base shelf prospectus dated July 20, 2023. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Business Wire
3 days ago
- Business Wire
Mentor Capital Gold in Storage Avoided New 39% Swiss Gold Tariff
PLANO, Texas--(BUSINESS WIRE)--Mentor Capital, Inc. (OTCQB: MNTR) reports that President Trump's August 7, 2025, 39% tariff placed on the two-thirds of the world's one-kilogram and 100 ounce gold bars that are smelted through Switzerland was fully avoided by Mentor's prior purchase of the Company's one-kilogram bars and gold bullion backed funds. Mentor's gold position now equals approximately 80% of Mentor's total stock market valuation. In addition, Mentor owns cash-like and energy assets purchased or held in 2025 equal to approximately another 100% of Company's total market capitalization, after netting out the Company's only debt which is owed to its CEO and founder. CEO, Chet Billingsley has continued to buy Mentor Capital, Inc. (MNTR) stock during 2025 increasing his personal position by 340,000 shares. Share Mentor CEO, Chet Billingsley, has continued to buy Mentor Capital, Inc. (MNTR) shares on the open market during 2025, increasing his personal position by approximately 340,000 shares. Mr. Billingsley remarked that, 'The Company finished the March 31, 2025 ending quarter with a book value per share equal to 248% of the current stock market asking price. That has allowed me or anyone else to buy shares at a better than 50% discount to the value of the Company's underlying net gold, cash and oil well assets.' Mentor's approach here is to utilize the gold as a temporary placeholder for the pool of current and future Series Q Convertible Preferred Stock investments, whenever the next newly made preferred investment by accredited investors is received until that position can be allocated to the best energy project in Mentor's core holdings. In this fashion, Mentor's unallocated preferred investment funds are kept to virtually zero. Mentor preferred were first valued at $10,000 per share on June 30, 2018 and were valued at $20,843 per share on March 31, 2025. About Mentor Capital: The Company is a public energy company based in Plano, Texas. Mentor targets the classic energy sectors of oil and gas, coal, uranium, and their related operations, with already established cash flows, especially through royalty payments. Mentor is open to using a flexible structure and mix of its cash, gold, retained royalty payments, preferred stock, common stock, debt, or other securities to assist investors, founders, owners, or divesting companies to accomplish their financial objectives. This press release is neither an offer to sell nor a solicitation of offers to purchase securities. Forward-Looking Statements: This press release contains forward-looking statements within the meaning of federal securities laws, including statements concerning financial projections, financing activities, royalties, assets, corporate combinations, product development activities, and sales and licensing activities. Such forward-looking statements are not guarantees of future results or performance and are sometimes identified by words of condition such as "should," "could," "expects," "may," "intends," "seeks," "looks," "moves," or "plans" and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results or direction to differ materially from those intended or anticipated. Such risks include, without limitation: delays in finding and purchasing suitable investments at favorable prices, nonperformance of investments, partner and portfolio difficulties, potential delays in marketing and sales, problems securing additional financing, the potential of competitive products, services, and technologies, difficulties experienced in program development, in recruiting and retaining key and knowledgeable personnel, in protecting intellectual property, and the effects of adverse worldwide economic events, such as government regulations, energy regulations, and inflation. Further information concerning these, and other risks is included in the Company's Form 10-Q and Form 10-K filings, which, along with additional very important details on the Company, can generally be found at: The Company undertakes no obligation to update or revise such forward-looking statements to reflect new information, events, or circumstances occurring after the date of this press release.
Business Wire
3 days ago
- Business Wire
Devonian Announces Closing of a Private Placement of Units
QUEBEC CITY--(BUSINESS WIRE)--Devonian Health Group Inc. (' Devonian ' or the ' Corporation ') (TSXV: GSD; OTCQB: DVHGF), a clinical stage corporation focused on developing unique solutions to inflammatory diseases, announces that it has closed its non-brokered private placement for aggregate gross proceeds of $2,272,999.85 (the ' Offering '). The Offering consisted of the issuance of 15,153,332 units of the Corporation (the ' Units ') at a price of $0.15 per Unit. Each Unit consists of one subordinate voting share of the Corporation (a ' Share ') and one Share purchase warrant (a ' Warrant '). Each Warrant entitles the holder thereof to purchase one Share at an exercise price of $0.20 per Share for a period of 24 months from the date of issuance thereof. The proceeds of the Offering will primarily be used to finance working capital related to the Corporation's corporate overhead and research and development activities. A total of $2,700.00 cash finder's fees were paid in connection with this Offering. The Shares and the Warrants issued pursuant to this Offering are subject to a restricted hold period of four months and one day, ending on December 8, 2025, under applicable Canadian securities laws. The Offering remains subject to the final approval of the TSX Venture Exchange. About Devonian Devonian Health Group Inc. is a clinical stage pharmaceutical company specializing in the development of drugs for various auto-immune inflammatory conditions with novel therapeutic approaches to targeting unmet medical needs. Devonian's core strategy is to develop prescription drugs for the treatment of inflammatory autoimmune diseases including but not limited to ulcerative colitis and atopic dermatitis. Based on a foundation of over 15 years of research, Devonian's focus is further supported by a U.S. Food and Drug Administration set of regulatory guidelines favoring a more efficient drug development pathway for prescription botanical drug products over those of traditional prescription medicines. Devonian is also involved in the development of high-value cosmeceutical products leveraging the same proprietary approach employed with their pharmaceutical offerings. Devonian also owns a commercialization subsidiary, Altius Healthcare Inc., focused on selling prescription pharmaceutical products in Canada, under license from brand name pharmaceutical companies. Devonian Health Group Inc. was incorporated in 2015 and is headquartered in Québec, Canada where it owns a state-of-the art extraction facility with full traceability 'from the seed to the pill'. Devonian is traded publicly on the TSX Venture Exchange (the ' Exchange ') (TSXV: GSD) and on OTCQB exchange (OTCQB: DVHGF). For more information, visit Cautionary Note Regarding Forward-Looking Statements All statements, other than statements of historical fact, contained in this press release including, but not limited to those relating to the intended use of proceeds, the final approval of the TSX Venture Exchange in connection with the Offering and generally, the above 'About Devonian' paragraph, which essentially describes the Corporation's outlook, constitute 'forward-looking information' or 'forward-looking statements' within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that these assumptions will prove to be correct and there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in our other filings with the applicable securities regulators of Canada. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold to, or for the account or benefit of, persons in the United States or U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. "United States" and "U.S. person" are as defined in Regulation S under the U.S. Securities Act. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
