This tech stock could be primed for its next breakout

According to Google Trends, investor interest in AI has been skyrocketing.

We’re bringing to your attention today a microcap stock, led by a blue-chip Chairman, which is en route to increased commercialization of its remarkable, patented suite of A.I. solutions to transform not only the US $16 billion A.I. computer vision market (digital imaging, robotics, lidar, video streaming, mobile, photography, etc) but also the ESG (environmental, social and governance) software market which is expected to triple by 2028.

Chairman Rich Geruson’s experience spans several CEO roles including Lexmark International, a multibillion-dollar imaging technology and solutions company with over 10,000 employees, and an AI Company that exited at 12X revenue. Mr. Geruson also held Senior VP and Executive positions at Nokia, IBM, Toshiba and McKinsey & Co.

Here’s why we believe it’s time to pay closer attention to NexOptic Technologies Corp (TSX Venture: NXO, OTCQB: NXOPF).

According to IDC, a global market intelligence firm, $110 billion (USD) will be spent on A.I. tech by 2024.

NexOptic’s market cap as of November 7 stands at $13 million (CAD) / $9 million (USD) and they have just announced the closing of a $2.2 million private placement to finance continuing commercialization of their patented and patent pending ALIIS (All Light Intelligent Imaging Solutions) suite of A.I. technologies.

The company has been quiet on the news front this year however we believe that’s about to change.

We think the $2.2 million financing package will trigger news flow on the commercialization front and should be the catalyst to kick off a new rally in the stock.

NexOptic’s development and marketing partners include tech giants Qualcomm (US $130 billion USD), Nvidia (US $310 billion USD) and ARM (US $31 billion USD).

With offices in South Korea, Canada and the U.S., they are partnering with leading software and engineering companies with expansive global reach. 

In addition to marketing support from Nvidia, Qualcomm and ARM, their distribution partnerships also include Ntek Devices, FlexWATCH and a growing list of new commitments with strategic partners and distributors with global reach and influence.

NexOptic’s keystone offering, ALIIS, also provides innovations for advanced image and video noise reduction able to significantly resolve ballooning bandwidth, streaming and storage costs (while lessening energy dependence and environmental impact) associated with the proliferation of imaging technology across industries such as consumer, security & surveillance, healthcare, automotive, manufacturing, robotics and retail.


Incredibly, Aliis™ can be deployed on the edge, the cloud or anywhere in between thanks to its extremely efficient and configurable design.

Conclusion
With the stock coming off a 52-week low and news flow / corporate developments anticipated by the recently announced financing, we encourage you to check out their website and corporate presentation to learn more about NexOptic Technologies (TSX Venture: NXO, OTCQB: NXOPF).

Website: www.nexoptic.com
Contact: admin@nexoptic.com
Corporate presentation: https://nexoptic.com/wp-content/uploads/2021/12/2021-12-21-CP-NXO.pdf
Twitter: https://twitter.com/NexOptic
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