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Avant Technologies Inc. (AVAI) specializes in AI-driven infrastructure solutions for data centers and healthcare systems. This news hub provides investors and technology stakeholders with essential updates on the company's innovations in sustainable computing, strategic partnerships, and operational developments.
Access timely press releases covering AVAI's advancements in immersible server technology, machine learning applications, and cybersecurity protocols. Our curated collection includes updates on financial milestones, collaborative ventures in healthcare AI, and infrastructure optimization breakthroughs.
Key content categories include earnings announcements, technology patent filings, strategic alliance updates, and leadership developments. Bookmark this page for verified updates on AVAI's progress in high-performance computing solutions and AI-powered healthcare platforms.
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Avant Technologies (OTCQB:AVAI) and its partner Ainnova Tech have selected Fortrea as their Contract Research Organization (CRO) for upcoming FDA clinical trials. The trials will focus on seeking FDA approval for Ainnova's Vision AI platform, specifically for early detection of diabetic retinopathy.
Fortrea will assist in requesting a pre-submission FDA meeting expected in late March/early April 2025, followed by clinical studies and an FDA 510(k) submission. Through their joint venture, Ai-nova Acquisition Corp. (AAC), the companies hold licensing rights for the technology portfolio in the U.S., Canada, and Europe.
Additionally, Ainnova plans to seek FDA clearance for four recently acquired algorithms targeting early detection of cardiovascular risk, prediabetes and Type 2 diabetes, fatty liver disease, and chronic kidney disease.
Avant Technologies (OTCQB: AVAI) and its partner Ainnova Tech have secured exclusive licenses for four AI-driven healthcare algorithms from a major Asian healthcare institution. These algorithms, validated with over 2 million patient data points, focus on early detection of cardiovascular risk, prediabetes, Type 2 diabetes, fatty liver disease, and chronic kidney disease. The solutions will be integrated into Ainnova's VisionAI platform, with plans to launch in Latin American markets and pursue FDA clearance in 2025 for US market entry.
The broader AI market reached $184 billion in 2024, showing a $50 billion increase from 2023, with projections to exceed $826 billion by 2030. Healthcare remains a critical application area for AI, focusing on improving diagnostics, personalizing treatment plans, and optimizing patient care.
Avant Technologies (OTCQB: AVAI) and partner Ainnova Tech have secured exclusive licensing for 4 AI-driven disease detection algorithms from a major Asian healthcare institution. The algorithms, validated across 2+ million patients, target early detection of cardiovascular risk, prediabetes/Type 2 diabetes, fatty liver disease, and chronic kidney disease.
These solutions will integrate with Ainnova's VisionAI platform and existing retinal disease detection tools. The partnership plans to launch in Latin American markets and aims for FDA clearance in 2025 for U.S. market entry. The algorithms show impressive performance metrics, including 90%+ precision in coronary artery disease risk prediction and 88%+ accuracy in liver fibrosis screening.
Avant Technologies (OTCQB: AVAI) partner, Ainnova Tech, has announced a strategic alliance with Roche and Salud 360 to launch a pilot program combating diabetic retinopathy in Costa Rica. The program will utilize Ainnova's AI technology and non-mydriatic fundus cameras to analyze retinal images for early detection of the disease.
The initiative targets Costa Rica, where diabetes affects 10.4% of adults, with 20-40% of diabetic patients developing diabetic retinopathy. The program aims to prevent blindness through early detection, as 80% of diabetes-related blindness cases are preventable with timely intervention. If successful, Avant and Ainnova plan to expand the program to the United States, Canada, and Europe through their joint venture, Ai-nova Acquisition Corp (AAC).
Avant Technologies (OTCQB: AVAI) and Ainnova Tech announced plans to advance a proprietary low-cost retinal camera integrated with Ainnova's Vision AI software platform. The combined technology will provide retinal scans for early disease detection, including diabetic retinopathy, glaucoma, macular edema, and other conditions. The system will be marketed as a Software as a Service (SaaS) + retinal camera package through Ai-nova Acquisition Corp (AAC), targeting primary care clinics, insurance companies, opticians, and pharmacies with a pay-per-use model. AAC holds licensing rights for North America and Europe.
Avant Technologies (OTCQB: AVAI) and Ainnova Tech have formed a joint venture called Ai-nova Acquisition Corp (AAC) to advance early disease detection using AI. The partnership focuses on commercializing Ainnova's VisionAI platform and Versatile Retinal Cameras in North America and Europe. VisionAI can detect diabetic retinopathy and other diseases through retinal scans with high accuracy. Ainnova will contribute its technology portfolio while Avant will handle capital requirements. The technology addresses a critical healthcare gap, as over 500 million people live with diabetes globally, and 30% may develop diabetic retinopathy. The AI in healthcare market is projected to grow from $6.9 billion to $67.4 billion by 2027.
Avant Technologies (OTCQB:AVAI) is accelerating the development of an AI-powered platform to revolutionize patient care in the healthcare industry. The platform aims to transform care delivery, optimize clinical workflows, and enhance decision-making for healthcare professionals. Key features include:
- Predictive Health Analytics for early detection of health issues
- Personalized Treatment Plans utilizing AI to analyze patient data
- Advanced Data Integration for secure access to patient information
The company is focusing on creating a secure, scalable AI infrastructure that integrates with existing healthcare systems. Avant's platform aims to bridge the gap between providers and underserved communities through AI-driven telemedicine capabilities. The company is actively seeking partnerships in the healthcare space to bring its AI-powered solutions to market.
Avant Technologies (OTCQB:AVAI), an AI-focused emerging tech company, has announced a strategic review process aimed at maximizing shareholder value. The company will explore opportunities in the biotechnology sector and evaluate strategic technology alternatives to enhance growth and development. Avant has initiated preliminary discussions with potential partners in both biotech and tech sectors, and is identifying technologies that could complement its future plans. The review may lead to joint ventures, acquisitions, and partnerships with industry leaders. CEO Kenneth L. Waggoner emphasized management and board alignment on this decision, stating their commitment to executing strategic objectives while the review is ongoing.
Avant Technologies (OTCQB:AVAI) has announced its commitment to implementing robust cybersecurity measures for its AI-driven healthcare solutions. The company is prioritizing patient data security and privacy, adhering to HIPAA regulations and employing a multi-layered approach to cybersecurity. Avant's framework includes Zero Trust Architecture, encryption, access controls, and Multi-Factor Authentication.
The company plans to assess industry-leading, third-party cybersecurity frameworks to further strengthen its security posture. Avant's Chief Information Officer, Danny Rittman, emphasized the importance of patient trust and the company's dedication to ensuring the highest data security standards. The cybersecurity measures will protect sensitive patient information both at rest and in transit, securing AI models through advanced access control, data minimization, and federated learning.
Avant Technologies (OTCQB:AVAI) has unveiled an AI-powered healthcare infrastructure aimed at improving patient care. The platform utilizes machine learning and advanced computing to enhance care delivery and monitoring. Key features include:
1. Intelligent agents offering personalized patient guidance
2. Advanced analytics for optimizing treatment plans
3. Predictive health analysis for early intervention
4. Medication management tools
5. Secure connection to clinic and hospital databases
6. Remote telemedicine capabilities
The initiative aims to create a healthcare ecosystem where applications can incorporate smart features for patient care, potentially expanding access to quality healthcare in underserved areas. Avant's CEO, Kenneth L. Waggoner, emphasized the company's mission to leverage AI advancements for improved patient care and resource allocation.
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