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Rocket One (NASDAQ: RKTO) has been accepted into the AMD AI Developer Program, gaining access to AI development resources, potential cloud credits, training, and tools. The company plans to use these to model and simulate licensed nanomagnetic and spintronic semiconductor technologies for AI, defense, autonomous systems, and space applications, aiming to improve computational efficiency and energy consumption in advanced AI workloads.
Rocket One (Nasdaq: RKTO), formerly Hoth Therapeutics (HOTH), has completed its corporate name change and strategic pivot to the space economy. Common stock will stop trading as HOTH on May 27, 2026 and begin as RKTO on May 28, 2026.
The company holds exclusive rights to a next-generation nanomagnetic AI chip architecture designed for ultra-low-power, radiation-tolerant computing aimed at satellites, defense platforms, and space-based AI systems. Legacy biotechnology programs will continue under a wholly owned subsidiary.