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Spectral Capital Announces $15 Million Private Placement Memorandum Agreement with RAKNI Co LLC, Deploying Vogon DQLDB and NOOT Technology

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Spectral Capital (OTC QB: FCCN) has signed a $15 million Private Placement Memorandum (PPM) agreement with RAKNI Co to accelerate its growth initiatives across the Middle East. The agreement supports the deployment of Spectral's Vogon Distributed Quantum Ledger Database (DQLDB) and NOOT technology to power RAKNI's digital investment platform and streamline its operational infrastructure.

RAKNI, based in Dubai, UAE, is a national investment and development firm specializing in driving economic growth through strategic advisory, development financing, and project management. The integration of Spectral's technologies aims to deliver a more efficient, transparent, and scalable solution for managing complex investment projects.

The funds raised will be allocated towards expanding Spectral Capital's digital infrastructure, advancing its large-scale project management capabilities, and supporting its Quantum Bridge Program in the region.

Spectral Capital (OTC QB: FCCN) ha firmato un con RAKNI Co per accelerare le sue iniziative di crescita in tutto il Medio Oriente. L'accordo sostiene il dispiegamento del Vogon Distributed Quantum Ledger Database (DQLDB) di Spectral e della tecnologia NOOT per alimentare la piattaforma di investimento digitale di RAKNI e semplificare la sua infrastruttura operativa.

RAKNI, con sede a Dubai, Emirati Arabi Uniti, è una società nazionale di investimento e sviluppo specializzata nell'incentivare la crescita economica attraverso consulenze strategiche, finanziamenti allo sviluppo e gestione di progetti. L'integrazione delle tecnologie di Spectral mira a fornire una soluzione più efficiente, trasparente e scalabile per la gestione di progetti di investimento complessi.

I fondi raccolti saranno destinati all'espansione dell'infrastruttura digitale di Spectral Capital, all'avanzamento delle sue capacità di gestione di progetti su larga scala e al supporto del suo Programma Quantum Bridge nella regione.

Spectral Capital (OTC QB: FCCN) ha firmado un acuerdo de Private Placement Memorandum (PPM) de 15 millones de dólares con RAKNI Co para acelerar sus iniciativas de crecimiento en todo Oriente Medio. El acuerdo respalda el despliegue de la Vogon Distributed Quantum Ledger Database (DQLDB) de Spectral y la tecnología NOOT para potenciar la plataforma de inversión digital de RAKNI y optimizar su infraestructura operativa.

RAKNI, con sede en Dubái, Emiratos Árabes Unidos, es una firma nacional de inversión y desarrollo especializada en impulsar el crecimiento económico a través de asesoría estratégica, financiamiento del desarrollo y gestión de proyectos. La integración de las tecnologías de Spectral tiene como objetivo ofrecer una solución más eficiente, transparente y escalable para la gestión de proyectos de inversión complejos.

Los fondos recaudados se destinarán a la expansión de la infraestructura digital de Spectral Capital, al avance de sus capacidades de gestión de proyectos a gran escala y al apoyo de su Programa Quantum Bridge en la región.

스펙트럴 캐피탈 (OTC QB: FCCN)1500만 달러 규모의 프라이빗 플레이스먼트 메모랜덤 (PPM) 계약RAKNI Co와 체결하여 중동 지역의 성장 이니셔티브를 가속화하고 있습니다. 이 계약은 스펙트럴의 Vogon Distributed Quantum Ledger Database (DQLDB)NOOT 기술을 배치하여 RAKNI의 디지털 투자 플랫폼을 촉진하고 운영 인프라를 간소화하는 데 도움을 줍니다.

RAKNI는 아랍에미리트 두바이에 본사를 둔 국가 투자 및 개발 회사로, 전략적 자문, 개발 금융 및 프로젝트 관리 등을 통해 경제 성장을 이끌고 있습니다. 스펙트럴의 기술 통합은 복잡한 투자 프로젝트 관리를 위한 보다 효율적이고 투명하며 확장 가능한 솔루션을 제공하는 것을 목표로 합니다.

모금된 자금은 스펙트럴 캐피탈의 디지털 인프라 확장, 대규모 프로젝트 관리 역량 강화 및 이 지역의 양자 브리지 프로그램 지원에 사용될 것입니다.

Spectral Capital (OTC QB: FCCN) a signé un accord de Private Placement Memorandum (PPM) de 15 millions de dollars avec RAKNI Co pour accélérer ses initiatives de croissance au Moyen-Orient. Cet accord soutient le déploiement de la Vogon Distributed Quantum Ledger Database (DQLDB) de Spectral et de la technologie NOOT pour alimenter la plateforme d'investissement numérique de RAKNI et rationaliser son infrastructure opérationnelle.

RAKNI, basé à Dubaï, Émirats Arabes Unis, est une entreprise nationale d'investissement et de développement spécialisée dans la promotion de la croissance économique grâce à des conseils stratégiques, un financement de développement et la gestion de projets. L'intégration des technologies de Spectral vise à offrir une solution plus efficace, transparente et évolutive pour la gestion de projets d'investissement complexes.

Les fonds levés seront alloués à l'expansion de l'infrastructure numérique de Spectral Capital, à l'avancement de ses capacités de gestion de projets à grande échelle et au soutien de son Programme Quantum Bridge dans la région.

Spectral Capital (OTC QB: FCCN) hat eine Private Placement Memorandum (PPM) Vereinbarung über 15 Millionen Dollar mit RAKNI Co unterzeichnet, um seine Wachstumsinitiativen im Nahen Osten voranzutreiben. Die Vereinbarung unterstützt die Implementierung der Vogon Distributed Quantum Ledger Database (DQLDB) von Spectral sowie der NOOT-Technologie, um RAKNIs digitale Investitionsplattform zu stärken und deren Betriebsinfrastruktur zu optimieren.

RAKNI mit Sitz in Dubai, VAE, ist eine nationale Investitions- und Entwicklungsgesellschaft, die sich auf die Förderung des wirtschaftlichen Wachstums durch strategische Beratung, Entwicklungsfinanzierung und Projektmanagement spezialisiert hat. Die Integration von Spectrals Technologien zielt darauf ab, eine effizientere, transparentere und skalierbare Lösung zur Verwaltung komplexer Investitionsprojekte zu bieten.

Die eingesammelten Mittel werden zur Erweiterung der digitalen Infrastruktur von Spectral Capital, zur Verbesserung der Fähigkeiten im Projektmanagement in großem Maßstab und zur Unterstützung des Quantum Bridge Programms in der Region eingesetzt.

Positive
  • Secured a $15 million Private Placement Memorandum agreement with RAKNI Co
  • Deployment of Vogon DQLDB and NOOT technology in RAKNI's digital investment platform
  • Expansion into the Middle East market
  • Potential for increased revenue and market presence through the partnership
Negative
  • None.

SEATTLE, Sept. 30, 2024 /PRNewswire/ -- Spectral Capital Corporation (OTC QB: FCCN), a pioneer in the advancement of quantum computing and decentralized infrastructure, is pleased to announce that it has signed a $15 million Private Placement Memorandum (PPM) agreement with RAKNI Co LLC (RAK Investment and Development Co LLC) to accelerate its growth initiatives across the Middle East. The strategic agreement will support the deployment of Spectral Capital's Vogon Distributed Quantum Ledger Database (DQLDB) and NOOT technology to power RAKNI's digital investment platform and streamline its operational infrastructure.

RAKNI, based in Dubai, UAE, is a national investment and development firm specializing in driving economic growth through strategic advisory, development financing, and project management. Focused on large-scale infrastructure projects, real estate developments, and public-private partnerships, RAKNI plays a pivotal role in shaping the region's economic landscape by providing tailored financial solutions that are both sustainable and impactful.

Through this agreement, RAKNI has integrated Spectral Capital's Vogon DQLDB, a revolutionary decentralized ledger database designed to ensure data lineage, governance, and provenance, into its operations. Coupled with the implementation of NOOT, Spectral's authentic intelligence platform, RAKNI's digital infrastructure is now equipped to deliver a more efficient, transparent, and scalable solution for managing complex investment projects and engaging with a diverse investor base.

"We are thrilled to partner with RAKNI, a firm that not only shares our vision for digital innovation but also recognizes the transformative potential of deploying advanced technology solutions," said Sean Michael Brehm, Chairman of Spectral Capital. "The implementation of Vogon DQLDB and NOOT in RAKNI's digital platform is a testament to the power and versatility of our technology, paving the way for a new era of decentralized, data-driven services in the investment sector."

The funds raised through this strategic Private Placement Memorandum will be allocated towards expanding Spectral Capital's digital infrastructure, advancing its large-scale project management capabilities, and further supporting Spectral Capital's Quantum Bridge Program in the region. This collaboration underscores Spectral's commitment to providing next-generation technology solutions to partners around the globe, ensuring they can capitalize on new opportunities in a rapidly evolving digital landscape.

About Spectral Capital

Spectral Capital Corporation (OTC QB: FCCN) is a technology investment company focused on building the future of quantum computing and decentralized infrastructure. Through its Quantum Bridge Strategy, Spectral is creating a portfolio of companies that are reshaping the technology landscape, including its recent acquisition of Vogon Cloud and the development of sustainable, cutting-edge data solutions such as the Vogon DQLDB.

About RAKNI Co LLC

RAKNI Co LLC (Ras Al Khaimah Investment and Development Co LLC) is a national investment and development firm headquartered in Dubai, UAE. Specializing in large-scale infrastructure projects, real estate developments, and public-private partnerships, RAKNI provides comprehensive investment advisory, development financing, and project management services. With a deep understanding of market dynamics and a commitment to excellence, RAKNI empowers clients to achieve their financial objectives while contributing to regional economic development. Website https://www.rakni.ae

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 www.spectralcapital.com.

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SOURCE Spectral Capital Corporation

FAQ

What is the value of the Private Placement Memorandum agreement between Spectral Capital (FCCN) and RAKNI Co ?

Spectral Capital (FCCN) has signed a $15 million Private Placement Memorandum agreement with RAKNI Co

What technologies will Spectral Capital (FCCN) deploy for RAKNI Co ?

Spectral Capital (FCCN) will deploy its Vogon Distributed Quantum Ledger Database (DQLDB) and NOOT technology for RAKNI Co 's digital investment platform.

How will the funds from the agreement be used by Spectral Capital (FCCN)?

The funds will be used to expand Spectral Capital's digital infrastructure, advance its large-scale project management capabilities, and support its Quantum Bridge Program in the Middle East region.

What is the purpose of integrating Spectral Capital's (FCCN) technologies into RAKNI's operations?

The integration aims to deliver a more efficient, transparent, and scalable solution for managing complex investment projects and engaging with a diverse investor base.

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