Although I am an indirect investor, still wondering how this satellite phone market is going to turn out.
Lately, there seems to be renewed interest in the company. If all the predictions of the past have any relevance and become remotely true those invested will all be multi-millionaires.
No need all, the share price is showing the way....
NO, actually I didn't see that...hmmm.
this will be back over a buck quick
Pity we know so little as to where we stand regarding the introduction of the new phone. I take it you have seen Timo's tweet re the rumor that Apple is also making its iPhone 13 satellite compliant.
Just waiting for things to come together...I'd love to demo a phone!
anyone here still? big future here
I just hope I am adequately indirectly covered in the future of this company thru a substantial holding of SCNG
$ATCLF News! AdvanceTC Signs MOA With Malaysian University (UKM), To Conduct R&D On AI Technologies For Mobile Camera For Its Range of Xplore Devices https://finance.yahoo.com/news/advancetc-signs-moa-malaysian-university-020000000.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
Great $ATCLF News yesterday. They are also touting other new products that we've had News about recently like their X7U, Rugged Satellite Smartphone with 4G LTE, Satellite voice, messaging & emergency button but they're working on a satellite and sensor tracking device and a Whole range of home security state of the art Drone products controlled by Satellite sensor enabled Android Satellite Smartphone or device.
Check out the link below.
AdvanceTC Ltd (NSX:A88, OTCQB:ATCLF) (‘AdvanceTC’ or the ‘Company’) is pleased to announce that the Company, in recognition of its technologies, has established an R&D collaboration with The National University of Malaysia (UKM), a premier Malaysian University under the ambit of the Ministry of Education, Malaysia for the development of cutting-edge AI technologies for mobile camera vision.
This could produce JVs or royalty agreements for $ATCLF in the future...
News Out! July 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AdvanceTC Ltd (NSX:A88, OTCQB:ATCLF) (‘AdvanceTC’ or the ‘Company’) is pleased to announce that the Company, in recognition of its technologies, has established an R&D collaboration with The National University of Malaysia (UKM), a premier Malaysian University under the ambit of the Ministry of Education, Malaysia for the development of cutting-edge AI technologies for mobile camera vision.
The objective is to conduct and to commercialize new generations of application software (Apps) for future mobile/satellite cameras leveraging on new frontiers in the Digital Signal Processing techniques including but not limited to Artificial Intelligence (AI).
The MOA will focus into areas of Image Processing Algorithms and AI For High Performance Future Cameras. This work will be a step into the future of using holographic virtual reality in digital cameras.
Together with the new innovation in the camera hardware, the R&D in the AI and holography for mobile/satellite cameras could revolutionize the design of new mobile cameras for full user experience that opens up new market opportunities in the future.
1.00's thin on the ask!
I tend to agree...I didn't believe GlobalStar satellite phones were real until I saw them and used them. People want to see this product that $ATCLF is touting.
I think we will only see increased stock activity when the smartphones hit the market and/or show sales and revenue. I am sure lot of people do not gasp the magnitude of it all and want to see more concrete evidence that this is for real.
$ATCLF premier company specializing in the design, development and commercialization of high tech mobile wireless computing and telecommunication devices since 2005. AdvanceTC W3, a full Windows® OS microcomputer integrated with cellular telephony capabilities and the Xplore X7 the world’s first android smartphone with satellite messaging and emergency service, fully designed and developed using its own patented proprietary technology and engineering innovation.
I look at $ATCLF as GlobalStar 2.0...it is a HUGE opportunity to be first to market with satellite smartphones!
Globalstar, Inc. is an American satellite communications company that operates a low Earth orbit (LEO) satellite constellation for satellite phone and low-speed data communications, somewhat similar to the Iridium satellite constellation and Orbcomm satellite systems. The Globalstar second-generation constellation consists of 24 low Earth orbiting (LEO) satellites.
The first call on the original Globalstar system was placed on November 1, 1998, from Qualcomm chairman Irwin Jacobs in San Diego to Loral Space & Communications CEO and chairman Bernard Schwartz in New York City.
In October 1999, the system began "friendly user" trials with 44 of 48 planned satellites. In December 1999, the system began limited commercial service for 200 users with the full 48 satellites (no spares in orbit). In February 2000, it began full commercial service with its 48 satellites and 4 spares in North America, Europe and Brazil. Initial prices were $1.79/minute.
Absolutely agree! Looking forward to seeing the $ATCLF revenue streams accumulating towards the US$3.015 Billion valuation!
I don't think you need to be Einstein to realize that the exponentially developing space economy/global satellite communication market is the next "Tesla" in the making, only much, much bigger in the long run.
$ATCLF via NewMediaWire -- AdvanceTC Limited (NSX:A88, OTCQB:ATCLF):
The global satellite communication market was estimated at $56.01 billion in 2019 and is expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027
According to an article issued by CNBC, the estimated $400 billion space economy is still broadly dominated by large aerospace and defense companies, serving government-funded interests. But investors say that’s changing, with Morgan Stanley, Goldman Sachs, Bank of America andUBS each issuing frequent research for clients on how the space industry is growing. Wall Street’s consensus is that space will become a multitrillion-dollar economy in the next 10 to 20 years — a view investors today are banking on.
AdvanceTC is unique in the mobile satellite phone communication industry because they invented a unique Android satellite smartphone which merges multiple channels and methods of communication into one device which we call multimode-communication. AdvanceTC has identified an isolated market which hasn’t seen innovation in the last 40 years or so.
Nice levels to add!
Nice BID sitting at 0.91...but looking for some green volume today to close out the week strong!
Looking for another green day here!
Time for a reversal!
Looking forward to seeing how $ATCLF valuation changes on this report...but I think that we need an update on their Satellite phone progress.
I've read the $ATCLF filing but I'd like to see more about where the numbers come from to get this valuation.
the report below should make the stop advance. here ya go.
AdvanceTC Announces US$3.015 Billion Valuation
Today 7:43 AM ET (GlobeNewswire)Print
via NewMediaWire -- AdvanceTC Limited (NSX:A88,OTCQB:ATCLF) ("AdvanceTC" or the "Company") is pleased to announce that we have appointed a professional valuer, Roma Appraisals Limited (the "Valuer"), to conduct a valuation of the Company as of 26th May 2021. The valuation report ("Valuation Report") dated 16th July 2021 stated the Company's market value was approximately USD3.015 Billion as at 26th May 2021. The valuation is based on an income approach and discounted cash-flow model.
The Company would like to take this opportunity to thank and congratulate all its stakeholders on achieving this milestone. The report will be available on the Company's website this week; please find below the report link.
Wow, that's awesome News for $ATCLF and its shareholders... can't wait to see that report!
NEW YORK, NY / ACCESSWIRE / July 19, 2021 / AdvanceTC Limited (OTCQB:ATCLF)(NSX:A88) ("AdvanceTC" or the "Company") is pleased to inform that we have appointed a professional valuer, Roma Appraisals Limited (the "Valuer"), to conduct a valuation of the Company as of 26th May 2021. The valuation report ("Valuation Report") dated 16th July 2021 stated the Company's market value was approximately USD3.015 Billion as at 26th May 2021. The valuation is based on an income approach and discounted cash-flow model. The Company would like to take this opportunity to thank and congratulate all its stakeholders on achieving this milestone. The report will be available on the Company's website this week, please find below the report link.
1.10 up now in power hour!
$ATCLF trading at the high of the day, with an new high of the day on the ASK!
About AdvanceTC Limited
Founded in 2005, AdvanceTC is a premier tech company specializing in the design, development, and commercialization of high-tech mobile wireless computing and telecommunication devices. The company was spotlighted in 2012 for its release of the Magic W3, which is a 4.8" Windows®7 full OS touchscreen microcomputer with voice call functionality. The Magic W3 provides true windowed multitasking, multimedia entertainment, social network connectivity, navigation capability, voice telephony, and the full Internet experience. In 2018 AdvanceTC introduced the World's First Satellite Android Smartphone with 100% earth coverage.
AdvanceTC is based in Malaysia with its main office in Kuala Lumpur which is about a 1 hour flight from Singapore and a major tech innovation hub in South East Asia. AdvanceTC is the creator of the AdvanceTC brand of mobile computing devices with integrated telephony and have redefined mobile productivity by developing innovative communications devices.
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