Weekly Investment News and Analysis

Last week, both Dow Jones, and S&P showed modest gains of ~0.5%, NSADAQ was up ~0.85%, Thursday’s bullish action was set back by a hawkish speech from Fed Chair Kevin Warsh. Nvidia’s July-quarter revenue rose 106% to US$96.2 billion, with guidance of 89.5% growth this quarter and roughly 70% for the year ending January 2028 on supply constraints. Free cash flow fell more than 50% to US$21 billion as receivables rose ~50% on extended terms to investment-grade customers. Nvidia stock rose 5% after hours. Nvidia also agreed to buy Hugging Face for US$12.9 billion, roughly 80x forward revenue, and is in talks to invest in Perplexity above US$30 billion, whose annualized revenue has climbed to US$750 million from under US$250 million in January. Anthropic’s annualized revenue reached US$65 billion in July from US$47 billion in May, but spending on Fable 5 has plateaued near 11% of customer outlay ahead of an IPO. OpenAI says its Jalapeño inference chip beats Nvidia’s Blackwell. Separately, ~1,200 internal OpenAI agents reportedly self-organized and ~700 joined the Hugging Face attack, which OpenAI called a “warning shot.” Marvell lifted FY guidance to US$12 billion and FY2028 to US$18 billion on 46% data center growth. CrowdStrike rose 11% on recent financial results. Salesforce rose 13% with Agentforce ARR at US$1.5 billion, up 240%. Alibaba is raising US$10.2 billion for AI. Oura is targeting a September IPO above US$16 billion. Meta settled child-harm claims for up to US$18 billion. In Canada, MDA Space launched LaunchPad Ventures. In Sophic client news, Kraken reported Q2 revenue of $27.3 million and $5.0 million adjusted EBITDA with 2026 orders at $355 million and guidance unchanged. Replenish reported Q2 results, which were directionally important in highlighting progress in the previously announced transition from blended fertilizer to the commercial scale ramp-up in granulated and pellet fertilizer. Ionik reported US$47.4 million revenue and US$8.4 million adjusted EBITDA post-refinancing. Renoworks grew recurring revenue 38%. Legend Power narrowed its net loss 37% on 12 SmartGATE orders.

Last week, Dow Jones fell 0.85%, S&P 500 lost 1.4%, Nasdaq composite was down 2.05%. Next week investors can expect Fed Chair Kevin Warsh’s first Jackson Hole speech, and Nvidia earnings. Anthropic expects its IPO to match or exceed SpaceX’s record listing and could file publicly as soon as month-end. The company raised US$65 billion in May at a US$965 billion valuation, ahead of OpenAI’s US$852 billion. Preliminary Q2 revenue topped US$11.5 billion against US$787 million a year earlier, with run-rate reaching US$65 billion by end-July and positive adjusted operating income, versus a 2025 net loss of nearly US$42 billion. OpenAI’s Q2 revenue grew 18% sequentially to US$6.7 billion. Nvidia, OpenAI and SB Energy confirmed the PORTS-Pike campus in Pike County, Ohio with 10GW of new energy, 8 IT-GW leased by OpenAI for 20 years, Nvidia credit support capped at US$105 billion via residual-value guaranties, plus a US$1.5 billion Nvidia investment in SB Energy. Jensen Huang pegged US$150 to 200 billion of Nvidia revenue per hardware generation and roughly US$600 billion of OpenAI compute commitments through 2030. Marvell granted Google rights to 58.97 million shares at US$206.58, or US$12.2 billion, alongside an expanded TPU partnership. Marvell stock rose 9.9%, and Broadcom fell 4.6%. Stripe is acquiring OpenRouter for a reported US$7.5 billion, versus a US$1.3 billion valuation in May. Unitree closed up 460% on its Shanghai public debut at just over US$60 billion after a US$905 million IPO. Alibaba guided AI ARR to US$10 billion this quarter from US$7.3 billion, with capex up 75% to nearly US$10 billion while China e-commerce fell 8%. Its 27-billion-parameter Qwen3.8-27B passed 1 million downloads and matched GPT-5.6 Luna on the Artificial Analysis index. Klarna fell 20% on a cut full-year outlook; Walmart fell 9% on 2.6% U.S. comps. In Canada, Helcim raised a $53 million Series C led by BDC at a $250 million valuation, up from $97 million, on $150 million ARR. In news pertaining to Sophic clients, Replenish Nutrients closed a $7.5 million convertible debenture from SRC Agrominerals, completing SRC’s $15 million strategic investment. Intermap appointed former U.S. Senior Foreign Service officer John T. McNamara to the Intermap Federal Services Board of Advisors, supporting its U.S. federal and allied-nation expansion.

Last week, Dow Jones fell 0.6%, S&P 500 index rose 0.4%, Nasdaq composite was up ~0.1%. Anthropic’s investors expect an October listing at a >US$2 trillion valuation, which would be the largest IPO ever. The valuation could be underpinned by annualized revenue of US$100–120 billion by year-end, up more than 10x in 2026, high growth AI comparables Palantir and Nebius have traded near 55x revenue. Intel is raising US$15 billion in stock after a 175% twelve-month run. Nvidia signed a preliminary US$500 billion AI infrastructure financing agreement with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR, retaining an option to backstop up to 25% of any project. Nvidia will also invest US$2 billion for roughly 20% of Stargate power developer Lancium at a US$10 billion enterprise value, extendable to US$3 billion and ~30%. SK Hynix approved 54 trillion won (US$38 billion) for two new fabs. Nebius revenue rose 454% to US$582 million. CoreWeave revenue doubled to US$2.575 billion. Cisco stock fell 5% despite 18% revenue growth to US$17.3 billion and US$4 billion of AI orders in the quarter alone. Cerebras fell 16% as hardware revenue halved to US$54 million. Workday rose 18% on Silver Lake takeover talks. Kalshi passed US$4 billion annualized revenue and is in talks at a US$40 billion valuation. Gemini reached 1 billion monthly users. Meta will open-weight Muse Spark 1.2. OpenAI paused Astra over cyber capabilities. Z.ai claims GLM-5.3 matches Mythos 5 on security tasks. In Canada, RBC and BMO are selling Moneris to Francisco Partners for $2 billion. Xanadu partnered with the University of Alberta on quantum-designed photosensitizers. In news pertaining to Sophic clients, Legend Power Systems won a GSA Multiple Award Schedule contract placing SmartGATE Gen 3 under SIN 334512, opening federal plus state and local buyers via Cooperative Purchasing. Intermap reported Q2 revenue of US$2.0 million and negative US$1.4 million adjusted EBITDA. Earnings call commentary provided some good color on highly anticipated Indonesian follow-on awards and the recent PCI acquisition. Intermap also strengthened its Board of Directors.

Celestica launched a US$3 billion treasury equity offering to fund capex for a multi-year AI infrastructure demand. Telesat won a $2.3 billion Defence Investment Agency contract, its largest ever, adding 69 Lightspeed satellites for Arctic military communications. The award also raised MDA Space’s build contract by $474 million. Options carry total contract value to $2.7 billion. Shopify rose 17% on 34% revenue growth and growth guidance for the high twenties, operating income was up 68% to US$488 million. AMD agreed to acquire Toronto’s Taalas, its second Canadian AI chip purchase in roughly a year. AMD’s reported revenue grew 50% to US$11.5 billion and the company guided to US$13 billion versus US$12.5 billion consensus, but shares fell 9% after hours as capex nearly tripled to US$808 million. SpaceX reported US$7.8 billion in revenue, up 92%, on US$18.3 billion of quarterly capex and US$25 billion of first-half cash burn, with over US$14 billion of compute contracted. Palantir grew 93% to US$1.9 billion, US commercial was up 149% to US$764 million. Sandisk revenue reached US$8.97 billion from US$1.9 billion. Datadog fell 19% after its largest customer cut spend. Alphabet received US$115 billion of orders for a US$25 billion bond sale. SoftBank borrowed US$10 billion against an OpenAI stake it marks at US$89.6 billion. Stripe entered exclusive talks to purchase OpenRouter for nearly US$10 billion, ~70x its US$140 million annualized revenue. Hedge funds gave back nearly 3% in July, but were still up ~8% YTD. Ottawa is investing over $20 million in a U of C-led quantum defence hub. In news pertaining to Sophic clients, Cybeats launched RAVEN, an agentic AI intelligence layer for SBOM Studio providing vulnerability triage, reachability analysis and automated VEX evidence while keeping customer source code in-environment. Boardwalktech closed a first tranche of 15,800,000 units at C$0.05 for gross proceeds of approximately C$790,000, each unit carrying a two-year warrant at C$0.06.

Last week, Dow Jones rose 1%, S&P 500 gained 1.05%, Nasdaq finished up 1.6%. Nasdaq 100 briefly hit correction territory Tuesday, down 10% from its early-June record. The Philadelphia semiconductor index has lost a quarter of its value since late June, Sandisk and Intel sit ~50% and ~40% below recent peaks. Goldman Sachs and JPMorgan demanded added collateral from concentrated hedge funds after the largest gross-leverage build Goldman has tracked since 2016. The prominent US$20 billion Situational Awareness AI fund, up 439% through June, had to sell much of its public equity book to Citadel. CXMT jumped 472% in its Shanghai debut. US Senators pressed Apple to avoid CXMT and YMTC memory chips. Shein’s Hong Kong filing showed Q1 revenue up 1.1%, US sales down 14%, and a US$99 million loss. Eric Trump-backed Space-Eyes is going public via SPAC. Amazon’s AWS accelerated to 37% growth and US$42.2 billion, with Amazon’s capex guide at US$220 billion. Microsoft stock rose 9% on 18% growth to US$90 billion. Azure was up 43%, and past US$100 billion annually. Microsoft disclosed 30 million paid Copilot seats. Meta’s revenue rose 28% to US$60.8 billion, but operating profit fell 8% and shares dropped 7%. Apple grew 16.4% to US$109.4 billion, warning chip supply constraints worsen materially. Robinhood’s prediction-market revenue was up 10x to US$156 million, passing crypto at US$100 million. ASML stock was down 5% on China DUV mass production. Nvidia is negotiating a US$250 billion backstop for OpenAI’s 10GW Ohio campus and invested US$1 billion in Naver. Anthropic disclosed its models, including Mythos, hacked three outside organizations in six of 141,006 tests. Microsoft launched cheaper rival Project Perception. In news pertaining to Sophic clients, Cybeats closed an oversubscribed C$1.97 million placement at C$0.17 and announced a Japanese ICS customer via a channel partnership. Intermap will acquire PCI Geomatics for $11 million cash, which will be immediately accretive. Boardwalktech reported FY26 revenue of US$3.6 million and US$3.5 million ARR. 01 Quantum announced a Carleton/NC CIPSeR research collaboration. Replenish Nutrients expanded its Board of Directors.

Last week, Dow Jones fell 0.4%, S&P 500 lost 0.6%, Nasdaq composite was down 2.1%. Nasdaq is below recent June lows ahead of a heavy news week, which will see earnings reports from Apple, Microsoft, Meta Platforms, Amazon, a Federal Reserve meeting, and increased geopolitical turbulence and rising oil prices and Treasury yields. Hedge funds cut US tech exposure at a record pace, roughly 10% of market value over two months, per Goldman. US equity issuance topped US$300 billion year-to-date on SpaceX’s US$86 billion IPO, Alphabet’s US$85 billion sale and SK Hynix’s US$26.5 billion listing, on pace to beat 2021’s US$376 billion record. Anthropic could list as soon as September, and Meta is weighing a multi-billion offering. Alphabet grew revenue 24% to US$119.8 billion with Cloud up 82% to US$24.8 billion, a US$514 billion backlog and capex raised to US$195–205 billion. Shares fell 4% after hours. Google disclosed US$94.1 billion of SpaceX stock. Intel rose 12% on 25% revenue growth and US$4.5 billion free cash flow. Tesla revenue rose 26% but capex doubled to US$5.8 billion, pushing FCF negative. Reddit fell 8% on possible non-renewal of its US$60 million Google AI deal. AMD will invest up to US$5 billion in Anthropic, and also launched Helios with Microsoft as a buyer; Nvidia announced a US$500 billion SK partnership. Anduril is raising near US$100 billion, Stripe is in talks to buy OpenRouter around US$10 billion. Moonshot is preparing a Hong Kong IPO. Alibaba open-sourced 2.4-trillion-parameter Qwen3.8 Max; Zhipu completed a 1GW all-domestic-chip data center. Prediction markets reached 27% of US sports-betting volume. In news pertaining to Sophic clients, Replenish Nutrients closed the first $7.5 million of a $15 million SRC Agrominerals investment. Kraken Robotics booked $35 million in new orders ($327 million YTD). Portfolio Manager, Mathieu Martin recently appeared on the Beyond MD podcast and outlined his approach behind investing his investment in Kraken. Ionik consolidated under SHIFT44 and Q1Media. Boardwalktech restructured its placement.

Last week, Dow Jones lost 0.9%, S&P 500 fell 1.55%, Nasdaq composite fell, Nasdaq-100 was down 4.1%. Tech sold off again Friday, Nvidia fell as much as 3%, briefly ceding the top market-cap spot to Apple, Meta dropped 5.3%. SpaceX slid below its US$135 IPO price and now trades ~40% off its peak. Netflix shares fell 8% after revenue growth slowed to 13.4% with Q3 guided to 11.7%. IBM fell 25% on a mainframe shortfall. Anthropic is negotiating multi-billion-dollar credit lines ahead of an IPO that could come as soon as September at a US$1 trillion-plus valuation. SK Hynix’s ADRs jumped nearly 20% after a record US$26.5 billion U.S. listing, which Nasdaq says is drawing more foreign issuers; Goldman’s equity underwriting revenue rose 130% to US$985 million. China’s CXMT is seeking US$8.6 billion in Shanghai at ~300x earnings. DeepSeek is raising again weeks after US$7.4 billion. Shein won approval for a Hong Kong IPO. Uber agreed to buy Delivery Hero for US$14.8 billion; Stripe and Advent made an unsolicited US$53 billion bid for PayPal. TSMC added US$100 billion to its U.S. commitment (US$265 billion total) and lifted 2026 capex to US$60–64 billion. Samsung pulled its Yongin fab forward to 2029. Meta is adding US$40 billion to reach 5GW in Louisiana. New York enacted the first statewide data-center moratorium and builders shop multi-billion-dollar stakes. Buffett confirmed he initiated Berkshire’s Alphabet stake. Moonshot’s 2.8-trillion-parameter Kimi K3 topped Claude Fable 5 on a coding leaderboard. OpenAI is building a screenless smart speaker. Nvidia shipped Cosmos 3 Edge for robotics. In Canada, General Fusion debuted on Nasdaq via SPAC. In news pertaining to Sophic clients, Cybeats and Boardwalktech launched equity raises. Kraken insiders bought stock. Intermap partnered with Saudi’s NSG UP42. 01 Quantum tied up with Crypto4A.

Last week, Dow Jones fell 0.5%, S&P 500 was up 1.2%, Nasdaq composite rose 1.7%. SK Hynix raised US$26.5 billion in a record U.S. IPO. Blue Origin is raising US$10 billion at a US$130 billion valuation led by Coatue. Zhipu is seeking to raise US$4 billion following a massive stock rally. Amazon is looking to raise US$25 billion via a U.S. bond sale to fund AI infrastructure. Bank of America extended a US$520 million credit line to OpenAI. TeraWulf shares soared after securing a 20-year, US$19 billion AI data center lease with Anthropic. Nvidia shed US$1 trillion in market value, and now trades at its lowest valuation multiple since 2019. SpaceX slid 6.8% upon joining the Nasdaq 100. Microsoft is cutting 4,800 jobs primarily in its Xbox and sales units while divesting several game studios. Disney Plus is reportedly exploring a free streaming tier. OpenAI launched ChatGPT Work and a desktop superapp to challenge Anthropic’s enterprise offerings. Meta released its Muse Spark 1.1 model to developers via API. SpaceXAI and Cursor debuted their joint Grok 4.5 model. China’s MiniMax is developing a 2.7-trillion parameter AI model, while Beijing considers restricting overseas access to its top domestic AI models. The U.S. CISA and G7 partners released minimum guidelines for AI software bills of materials. In Canada, Meta will build a US$9 billion, 1-gigawatt AI data center in Alberta. MDA Space is acquiring a 70% stake in French satellite firm CLS for €567 million. Well Health is spinning out its Wellstar software subsidiary onto the TSXV. Alchemy Labs completed a $13.7 million TSXV IPO. Dominion Dynamics closed Canada’s largest-ever defence-tech Series A and could win initial business in the US. In news pertaining to Sophic clients, Legend Power Systems secured multiple public-sector SmartGATE orders. Sophic client Intermap launched an automated Orthorectification service while expanding its European risk analytics platform. Sophic client Hybrid Power Solutions received a C$370,000 purchase order. Sophic also published a few introductory reports on client, Sparq Systems, an innovative microinverter player in the solar space.

Last week, Dow Jones rose 2%, S&P 500 gained 1.8%, and Nasdaq composite was up 2.1%. Investors rotated out of tech names, Nasdaq ended the week weaker than it started. Electric scooter provider, Lime, listed at a US$1.6 billion valuation anchored by Uber. Internet conglomerate BendingSpoons jumped 11% on its IPO. Quantum leader IQM went public via a US$1.9 billion SPAC. Rocket Lab is acquiring satellite operator Iridium for US$8 billion in cash and stock. Schneider Electric is buying industrial AI firm Cognite for US3.1 billion. SpaceX will join the Nasdaq 100 on July 7, triggering a projected US$4.3 billion in passive inflows and compounding short-seller paper losses, currently at an estimated US$760 million. OpenAI proposed handing a 5% equity stake to the U.S. government to defuse regulatory friction. The White House lifted export controls on Anthropic’s Fable 5 model. Tesla deliveries rebounded 25% to 480,000 vehicles in Q2. Management at Tesla capped individual employee AI spending at US$200 per week to curb soaring token costs. Anthropic is exploring custom chips with Samsung. Meta is planning an AI cloud infrastructure play. SoftBank launched an entity to rent U.S. computing capacity. South Korea unveiled an US$880 billion, 10-year mega tech investment plan. China’s Meituan debuted a 1.6 trillion parameter LLM trained entirely on domestic hardware. Coinbase halved its AI spend by shifting to Chinese open-weight models. Tencent locked in a US$2.94 billion DRAM supply deal with CXMT. Microsoft launched a US$2.5 billion AI consulting unit while also planning thousands of sales and engineering layoffs. Strategy announced a potential US$1.25 billion Bitcoin sale. A Stripe-Visa-Mastercard consortium launched the “Open USD” stablecoin to challenge Circle and Tether. SoFi integrated automated, natural-language investing strategies into its app by acquiring fintech platform Composer. In Canada, Sophic client, Kraken Robotics closed its $615 million acquisition of Covelya Group, updating 2026 guidance after securing $30 million in combined new orders and initiating plans for a TSX listing by year-end.

Last week, Dow Jones rose 0.6%, and hit a record high Thursday, while S&P 500 lost 1.95%, and Nasdaq composite fell 4.6%. Samsung announced a massive US$648 billion South Korean investment package targeting chips and AI data centers. OpenAI and Broadcom unveiled their US$18 billion AI inference chip, Jalapeno, to reduce Nvidia reliance. Morgan Stanley is pitching leveraged loans and CLOs for AI infrastructure debt. Micron’s revenue quadrupled in FQ3 on soaring memory demand, passing a US$1 trillion market cap. Cerebras stock fell 10% on lower gross margin guidance despite a US$20 billion OpenAI contract. Qualcomm is buying software startup Modular for US$3.9 billion to challenge Nvidia’s CUDA. Sunrun partnered with Tesla and Renew Home on a 16.8 GW virtual power plant for data centers, sending Sunrun shares up 26%. Alphabet shares dropped over 7% after key AI leaders left for Anthropic and OpenAI. Meta launched US$299 smart glasses, and paused an internal employee monitoring tool after a major data leak. The Company is also building a prediction markets app called Arena. Charles Schwab is also entering prediction markets with Cboe binary options. SpaceX’s recent US$25 billion bond sale weakened in secondary markets. Tesla shareholders are betting on a SpaceX merger. Humanoid robot builder Agility Robotics plans a US$2.5 billion SPAC debut. Uber will anchor Lime’s US$1.8 billion IPO. Bumble is exploring a sale. President Trump signed two sweeping quantum Executive Orders. In Canadian venture tech, Toronto-based Float raised an $85 million Series C at a $550 million valuation. In news pertaining to Sophic clients, Replenish Nutrients completed commissioning its Beiseker fertilizer facility, targeting 1,000 metric tonnes per month in Q3 2026. Ionik closed US$100 million in new credit facilities to finalize its debt reorganization. Intermap secured a third U.S. DoD subcontract for GPS-denied navigation. Hybrid Power Solutions signed a national defense distribution pact with Fair D Canada. Boardwalktech announced a strategic partnership with Xoriant to deliver AI-driven enterprise transformation.

Last week, Dow Jones climbed 0.7%, S&P 500 rose 0.9%, and Nasdaq composite gained 2.4%. Nasdaq has gained in ten of the past twelve weeks, and S&P 500 in eleven. SpaceX finalized its US$60 billion acquisition of AI coding startup Cursor. Nvidia announced a US$25 billion bond offering, its first since 2021, in order to fund surging AI infrastructure and private investments like OpenAI. Fox is buying Roku for US$22 billion. Salesforce agreed to acquire customer AI agent Fin for US$3.6 billion. Prediction market Kalshi crossed US$2 billion in annualized revenue and held informal IPO talks. Robinhood is cutting 10% of its workforce. Accenture stock fell 18% on lowered revenue projections, fueling fears that AI will disrupt tech consulting. Accenture also announced that it is acquiring three businesses to beef up their critical infrastructure division. Netrise, one of the three, plays in the SBOM space. While segmented transaction metrics weren’t available, the combined purchase price was 20x revenue, which bodes well for Sophic Client, Cybeats (trading at <8x projected ARR). Apple plans to hike device prices due to AI-driven component shortages. President Trump confirmed an Apple-Intel partnership to manufacture chips domestically. MDA Space is buying RTX Raytheon’s Blue Canyon Technologies for US$620 million in cash to capture U.S. defense demand. Qualcomm is in talks to buy Toronto founded AI chip startup Tenstorrent for US$8 billion to US$10 billion. Space-tech player NorthStar secured a $40 million defense contract tracking orbital threats ahead of its fall NYSE SPAC debut at a US$300 million valuation. In news pertaining to Sophic clients, Kraken Robotics secured regulatory approval to close its Covelya Group acquisition. Hybrid Power Solutions landed a C$560,000 European defense order. Renoworks announced 14 new enterprise customer launches. 01 Quantum launched its qVAULT post-quantum digital asset protection platform. Legend Power Systems reported strong interim thermal stress reduction for its SmartGATE system. Boardwalktech expanded its AI platform adoption with Levi's and SiTime. Sophic Clients, Cybeats, Intermap, Juno, and Replenish Nutrients presented had a busy week of investor presentations and meetings at Planet MicroCap in Las Vegas.

Last week Dow Jones gained 0.7%, S&P 500 rose 0.65%, Nasdaq composite was up 0.7%. After witnessing some significant weakness mid-week, stocks closed the week flattish, which is encouraging, especially after the previous week’s close. SpaceX went public, raising US$75 billion and rising ~20% to a US$2.1 trillion market cap, making Elon Musk the world’s first trillionaire. OpenAI filed confidentially for an IPO. The company is contemplating a ChatGPT “superapp” agent overhaul. OpenAI is also considering steep token price cuts to counter Anthropic, whose viral Claude Code tool recently pushed its valuation past OpenAI’s. Anthropic suspended its Fable 5 and Mythos 5 models following a U.S. export control directive. KKR, Nvidia, and Vistra launched Helix, a US$10 billion data center financing company. Broadcom will work with Apollo and Blackstone for a US$35 billion fund targeting 20GW of data centers for OpenAI and Anthropic. Goldman Sachs and JPMorgan are exploring trading GPU compute futures to hedge infrastructure gluts. Bending Spoons filed for a U.S. IPO after doubling revenue to US$1.3 billion. Roku entered buyout talks. Nvidia secured a multi-year HBM4 memory deal with SK Hynix and is pitching its new agentic Vera CPU to China. Apple launched its “Siri AI” reboot utilizing Google Gemini. Oracle’s cloud revenue growth was offset by legacy software weakness. In Canada, Thoma Bravo will acquire Kneat for $650 million cash at a 40% premium. Nuvei is in advanced talks to buy Payoneer for US$2.7 billion. Challenger bank Koho is the newest Canadian Unicorn after a $130 million Series E. Online lender Nesto hit a $1.5 billion valuation. AI rollup Beacon closed a US$225 million Series C, and Maneva secured a US$27 million Series A. In news pertaining to Sophic clients, Hybrid Power Solutions closed an oversubscribed $1.697 million private placement. 01 Quantum signed a strategic enterprise PQC partnership, and reported Q2 (April) revenue growth to $668k via its expanding commercialization efforts.