GBT TECHNOLOGIES INC - GTCH STOCK NEWS

GBT Technologies filed a nonprovisional patent application on August 3, 2022, for a system to automatically correct electrical connectivity mismatches in integrated circuits (IC) designs. This patented technology aims to enhance IC design efficiency, particularly for advanced nodes like 5nm and below, by automating the correction process that traditionally requires manual intervention. The company anticipates growth in the semiconductor sector, driven by increased R&D and manufacturing initiatives. However, successful implementation depends on adequate funding and strategic partnerships.

GBT Technologies Inc. (OTC PINK: GTCH) has filed a second continuation patent application for its innovative 3D, Multi-Planar IC design and manufacturing technology, focusing on memory microchip architecture, on July 29, 2022. This marks the third application in this domain. Additionally, a provisional patent was filed on July 31, 2022, for a related optimization system. The recent passing of a $280 billion Chips and Science Act by the US House aims to boost domestic semiconductor manufacturing, potentially benefiting GBT's efforts in developing advanced microchip technologies.

GBT Technologies Inc. (GTCH) announced the receipt of an issue notification from the USPTO for its 3D, Multi-Planar IC design patent application, expected to be issued on August 9, 2022. This marks GBT's second patent application in this innovative microchip architecture, aimed at reducing silicon usage while enhancing performance and lowering costs. The company's first patent was granted in December 2020. While the new patent seeks to broaden IP protection, success in research, development, and commercialization remains uncertain, contingent on adequate capital and strategic partnerships.

GBT Technologies (OTC: GTCH) announced on August 1, 2022, a second Letter of Intent with GTX Corp (OTC: GTXO) to evaluate the market viability of GBT's Intellectual Property (IP), including the qTerm device, an AI-driven human vital sign monitoring system. This collaboration aims to establish a worldwide exclusive licensing agreement, leveraging GTX's market experience to enhance GBT's go-to-market efforts. The agreement is contingent upon due diligence and approval by each party's Board of Directors by December 31, 2022.

GBT Technologies Inc. (OTC PINK: GTCH) is developing a hybrid radio system called Infinia, integrating conventional and Software Defined Radio (SDR) technologies for long-range communication. This GEN II system utilizes AI algorithms for intelligent communication, facilitating data and voice transmission in challenging environments. The technology aims to enable communication in remote areas where traditional reception is limited. GBT has filed a patent for this innovative system but faces challenges in capital acquisition and strategic partnerships for future implementation.

GBT Technologies Inc. (OTC PINK: GTCH) announced the release of a new version of its AI-driven health information application, Hippocrates. This web application helps users obtain health information by inputting symptoms and medical questions. The updated version now integrates professional data from reliable sources such as the CDC. Hippocrates aims to support healthcare professionals by providing ongoing training and updates on medical information. The system is designed for users 18+, emphasizing it does not replace professional medical advice.

GBT Technologies Inc. is advancing its Apollo computer vision technology, focusing on applications in various sectors, including health and security. The Apollo patent, granted on April 12, 2022, involves wireless motion detection and imaging, capable of detecting unique patterns and producing 3D/2D images in real time. Potential uses include monitoring medical conditions, enhancing vehicle safety, and airport security. While the company sees vast commercialization opportunities, successful implementation will require adequate funding and partnerships, with no guarantee of success in development or market acceptance.

GBT Technologies Inc. (OTC PINK: GTCH) has received a notice of allowance for its 3D, multiplanar continuation patent application, enhancing its existing integrated circuits technology. Originally filed on March 5, 2019, and granted on December 1, 2020, this new application aims to broaden intellectual property protection. The technology focuses on 3D microchip design, optimizing space usage, and reducing power consumption. GBT plans to advance this domain to set new industry standards for integrated circuits, particularly for sectors requiring high-performance and cost-effective chips.

GBT Technologies Inc. (OTC PINK: GTCH) announced the successful completion of phase one of its intelligent soccer analytics platform through its joint venture, GBT Tokenize Corp. (GTC). The project, named smartGOAL, utilizes AI technology to analyze and predict soccer game results using advanced statistical methods and machine learning. The program aims to uncover patterns in the game to enhance prediction accuracy. However, the company highlighted the need for adequate capital and strategic partnerships for further development and implementation.