19th Aug 2026 18:31
Tekcapital PLC - intellectual property investment group - Notes that its portfolio company Vesari Inc has secured its twelfth patent application covering predictive optical communications for satellite-linked geothermal-powered artificial intelligence. Vesari is a Miami, Florida-based developer of technology for a fully integrated geothermal-powered hyperscale AI compute campus. The non-provisional application has been filed with the US Patent & Trademark Office and assigned to Vesari.
Tekcapital Director Louis Castro says: "Vesari continues to build a robust intellectual property foundation. This twelfth application extends the portfolio into predictive optical communications, the high-bandwidth, satellite-based data-transmission layer that we believe will be essential to distributing AI compute across Vesari's future geothermal-powered campuses. We are pleased with the pace at which Vesari is strengthening its intellectual property position and look forward to updating shareholders as the technology and the Patent portfolio continue to progress."
Current stock price: 3.60 pence each, closed 7.7% lower on Wednesday in London
12-month change: down 48%
By Tom Budszus, Alliance News slot editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
TekCapital