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Quantumkore Innovation Inc. [SBOX] Announces New Patent to Assist Future Construction on Mars

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QuantumKore Innovation Inc. has patented a nuclear-powered extrusion system intended for manufacturing bricks on Mars, aimed at facilitating rapid construction of habitats necessary for colonization. The company emphasizes the technological excellence of its development team, suggesting significant growth potential. QuantumKore will present its innovations at the IEEE Aerospace Conference from March 4-11, 2023. However, the press release also indicates the inherent risks and uncertainties in achieving profitability and sustaining growth due to high operational costs and market conditions.

Positive
  • Patent secured for a nuclear-powered extrusion system for brick manufacturing on Mars.
  • Participation in IEEE Aerospace Conference indicates credibility and potential for collaboration.
Negative
  • High operational expenses may hinder profitability and growth sustainability.
  • Forward-looking statements suggest significant risks and uncertainties affecting financial performance.

NEW YORK, NY / ACCESSWIRE / September 12, 2022 / QuantumKore Innovation Inc. announces that it has invented and patented a nuclear-powered extrusion system for use on the Martian surface for the primary purpose of manufacturing bricks, repeated interlocking components that serve as a structural functional basis for rapid manufacturing of habitats, facilities, and other buildings necessary for colonization.

The Board believes that the results of the development team, are examples of excellence in technology, which will lead the company to the next chapters of growth and success.

Feasibility Assessment of Technical Limitations and Challenges to Deployment of a Nuclear-Powered Extrusion System on the Martian Surface

We are invited to the IEEE Aerospace Conference at the Yellowstone Conference Center in Big Sky, Montana, USA (04-11 March 2023)

The International IEEE Aerospace Conference, with AIAA[1] and PHM Society[2] as technical cosponsors, is organized to promote interdisciplinary understanding of aerospace systems, their underlying science and technology, and their applications to government and commercial endeavors. (https://aeroconf.org)

[1] AIAA = American Institute of Aeronautics and Astronautics; is a professional society for the field of aerospace engineering. The AIAA is the U.S. representative on the International Astronautical Federation and the International Council of the Aeronautical Sciences. The AIAA has earned an international reputation as the preeminent publisher of cutting-edge aerospace journals and books, and as the leading source of aerospace industry archives, dating back to the early 1900s; (https://www.aiaa.org)

[2] PHM Society = The Prognostics and Health Management Society; is a non-profit organization dedicated to the advancement of PHM as an engineering discipline; (https://phmsociety.org)

Safe Harbor Statement

This press release may contain forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our common and preferred stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to general stock market conditions.. We have incurred and will continue to incur significant expenses in our expansion of our existing business and there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. Additional expansion of our service offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical locations we will be providing services in, the impact of which cannot be predicted at this time.

Contact Information:

info@qkinnovation.com

SOURCE: QuantumKore Inc.



View source version on accesswire.com:
https://www.accesswire.com/715082/Quantumkore-Innovation-Inc-SBOX-Announces-New-Patent-to-Assist-Future-Construction-on-Mars

FAQ

What is QuantumKore Innovation Inc.'s recent patent about?

QuantumKore has patented a nuclear-powered extrusion system designed for brick manufacturing on Mars.

What conference will QuantumKore be participating in?

QuantumKore will participate in the IEEE Aerospace Conference from March 4-11, 2023.

What risks are associated with QuantumKore's business operations?

QuantumKore faces significant operational costs and uncertainties that may impact profitability and growth.

How does QuantumKore plan to support Mars colonization?

The patented extrusion system aims to facilitate the construction of habitats and structures on Mars.

What are the implications of QuantumKore's forward-looking statements?

They indicate potential risks related to financial performance and market conditions.

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