Menu
Washingtoner
  • Home
  • Financial
  • Home
  • Technology
  • Education
  • Business
  • Services
  • Non-profit
  • Construction
Washingtoner

Spectral Capital Corporation Acquires Stake in Autonomous Driving Innovator and Global Top 100 AI Company
Washingtoner/10288621

Trending...
  • City of Tacoma Offers In-Person Workshop for Local Businesses on the Revolving Loan Fund Process
  • City Council Confirms Appointment of Patti Jackson as Tacoma's Police Chief
  • Council Votes on Pathways to Eviction Prevention for Spokane
SEATTLE, April 15, 2025 ~ Seattle, Washington - Spectral Capital Corporation (OTCQB: FCCN) has made a significant move in the autonomous vehicle industry with its recent acquisition of 169,889 shares of Preferred Stock in a leading AI software company. The shares were obtained through an exchange of Spectral Capital stock valued at $10 per share, resulting in a total transaction value of $16,889,900.

The target company, which cannot be named at this time due to confidentiality agreements, is a major player in the autonomous driving space and supplies AI software to 10 of the top OEM's worldwide. With a current IPO target of $20 billion by June 2026 and outstanding shares, each share in the AI Company is estimated to be worth approximately $159. This puts Spectral's new stake at a current market value of around $27 million.

This strategic investment not only expands Spectral's portfolio into the rapidly growing autonomous driving sector but also sets the foundation for deeper collaboration between the two companies. In addition to the equity investment, Spectral Capital and the AI Company are currently negotiating a licensing agreement that would allow the AI Company to use Spectral's existing patent library. This potential agreement highlights the importance of this partnership as both companies aim to accelerate innovation in the autonomous vehicle industry by combining their expertise and resources.

More on Washingtoner
  • Boston Industrial Solutions' Natron® 512N Series UV LED Ink Achieves BPA Certification, Advancing Safe and Sustainable Digital Printing
  • Joan Nissen promoted to Century Fasteners Corp. – General Manager, Aerospace & Government Sales
  • Northwest Modern Fabrication Expands Manufacturing Capacity With 4,800 Sq. Ft. Addition
  • NRE-HEALTH Radio Launches With a New Approach to Health Broadcasting
  • City of Spokane Proposes Directing Funding to Support Families Impacted by Civil Immigration Enforcement

Jenifer Osterwalder, CEO of Spectral Capital Corporation, expressed her excitement about this new venture stating that "our investment in autonomous driving AI represents a strategic step forward for Spectral." She believes that their partnership with the AI Company will drive innovation in autonomous vehicle software with a visionary yet practical approach. Osterwalder also mentioned that they are looking into ways to leverage Spectral's patent portfolio in their solutions to further advance autonomous driving technology.

This acquisition marks Spectral Capital's entry into the autonomous driving arena and reflects its commitment to investing in transformative technologies. By partnering with an industry leader and gaining access to a robust patent library, Spectral Capital is strengthening its position as a diversified technology accelerator bridging innovations in artificial intelligence and next-generation computing.

Spectral Capital Corporation, headquartered in Seattle, is a publicly traded technology venture company and quantum computing incubator. The company specializes in developing and operating proprietary quantum technology platforms while strategically investing in complementary emerging technologies such as artificial intelligence and autonomous systems. Their mission is to accelerate innovation by bridging the gap between cutting-edge research and real-world applications, delivering practical, scalable solutions in areas including quantum computing, AI, and advanced robotics.

More on Washingtoner
  • From Coffee to Commutes: sMiles App Now Pays Bitcoin for Every Gift Card Purchase
  • Finland's Health Authority Launches '2-4-2' Gambling Risk Limits Ahead of Expected Advertising Boom
  • Evluma Launches RoadMax Edge Streetlight Series, Advancing Urban Illumination and Energy Efficiency
  • Dr. Billy B. Laun II Addresses Over 120 Dental Professionals at Annual Dental Meeting
  • CCHR: Taxpayer Billions Wasted on Mental Health Research as Outcomes Deteriorate

This strategic investment by Spectral Capital Corporation not only creates value for their shareholders but also contributes to the future of transportation. With their extensive patent portfolio and expertise, they are well-positioned to foster advancements across industries and drive practical solutions for emerging technologies. For more information on Spectral Capital Corporation, visit their website at www.spectralcapital.com.
Show All News | Report Violation

0 Comments
1000 characters max.

Latest on Washingtoner
  • NASA / Glenn Research Center Collaboration to Help Meet Rising Demand for Space Energy Beaming Tech / CIGS PV Modules from Ascent Solar: NAS DAQ: ASTI
  • When Interpretation Becomes Conversation: Rethinking Engagement in the Museum Age
  • Half of Finnish Online Gambling Expenditure Now Flows to Offshore Instant Casinos as License Applications Open March 1, 2026
  • RTC Communications Completes Next Level Connect Fiber Expansion Bringing Multi-Gig Broadband to West Boggs Community
  • EPP Pricing Platform announces leadership transition to support long-term growth and continuity
  • Stolen Hearts: Reclaiming Your Child From Parental Alienation (narcissistic abuse)
  • Roshni Online Services Unveils Plans for Innovative Digital Consultation Platform
  • City of Tacoma Offers In-Person Workshop for Local Businesses on the Revolving Loan Fund Process
  • Wall Street Is Missing This One: Cycurion (NAS DAQ: CYCU) Gets $7 Price Target While Trading at a Steep Discount
  • Aries Industries Streamlines Sewer Inspection Process With Introduction of the LETS Sidewinder
  • Chronic Boss Awards Scholarships to Student Founders Living with Chronic Conditions
  • Nest Finders Property Management Named #1 in Jacksonville and Ranked #99 Nationwide
  • City Council Confirms Appointment of Patti Jackson as Tacoma's Police Chief
  • Nashville International Chopin Piano Competition Launches First Amateur Edition
  • Council Votes on Pathways to Eviction Prevention for Spokane
  • Market Value Enhancement From 2 Important New US Patents Issued for Strengthening Hair Enzyme Booster Technology to Caring Brands (NAS DAQ: CABR)
  • Dr. Billy Laun Will Be Attending An Advanced Airway Management Course by AIME
  • HELM Audio™ Partners with PQCrypto to Future-Proof Children's Hearing and Safety Data Using Post-Quantum Cryptography
  • Wala Blegay to Announce Run for Congress in Maryland's 5th District on Feb. 4
  • Luxury Lake-View Home Launches in Kissimmee's Bellalago community, Offering Privacy, Space, and Florida Resort-Style Living
_catLbl0 _catLbl1

Popular on Washingtoner

  • Spokane: Council to Hold Press Conference to Discuss Further Information on Department of Justice Grant - 122
  • TBM Council Appoints U.S. Department of Transportation CDIO Pavan Pidugu to Board of Directors
  • New Analysis Reveals Most Patients Discontinue Weight Loss Drugs Within First Year
  • South Spokane Resident Arrives Home To Find Male Burglarizing Apartment; Resident Assaulted Before Suspect Flees The Area
  • Spokane: Male In Custody After Puppy Is Thrown From Moving Vehicle During Argument; Puppy Located By Neighbor Unharmed
  • New Year, New Home: Begin 2026 at Heritage at South Brunswick
  • Spokane City Council To Hold Special Legislative Session
  • Tacoma: Dr. Martin Luther King, Jr. Celebration Next Week!
  • Food Journal Magazine Releases Its 'Best Food In Los Angeles Dining' Editorial Section
  • Yesyal Launches Official Website, Unifying Music, Film, and Apparel Under One Independent Brand

Similar on Washingtoner

  • Finland's Health Authority Launches '2-4-2' Gambling Risk Limits Ahead of Expected Advertising Boom
  • Digital Efficiency Consulting Group (DECG) Officially Launches
  • Work 365 Delivers Purpose-Built Revenue Operations for Microsoft Cloud for US Government
  • Postmortem Pathology Expands to Phoenix: Bringing Families Answers During Their Most Difficult Moments
  • Blasting Off with Space Sector Companies: Artemis II Manned Moon Mission is Set to Launch: Could $ASTI be on the Same Rocket Ride as $ASTS & $LUNR?
  • NASA / Glenn Research Center Collaboration to Help Meet Rising Demand for Space Energy Beaming Tech / CIGS PV Modules from Ascent Solar: NAS DAQ: ASTI
  • Half of Finnish Online Gambling Expenditure Now Flows to Offshore Instant Casinos as License Applications Open March 1, 2026
  • Wall Street Is Missing This One: Cycurion (NAS DAQ: CYCU) Gets $7 Price Target While Trading at a Steep Discount
  • Aries Industries Streamlines Sewer Inspection Process With Introduction of the LETS Sidewinder
  • Chronic Boss Awards Scholarships to Student Founders Living with Chronic Conditions
Copyright © 2026 washingtoner.com | Terms of Service | Privacy Policy | Contact Us | Contribute