Connect with us

Technology

Spectral Capital Appoints Sean Michael Brehm as Chairman and Independent Director

Published

2 years ago

on

SEATTLE, June 6, 2024 /PRNewswire/ — Spectral Capital Corporation (FCCN) is pleased to announce the appointment of Mr. Sean Michael Brehm as Chairman and Independent Director of the Board, effective immediately.

Mr. Brehm brings over 25 years of distinguished experience in entrepreneurship, corporate leadership, military service, and technology innovation. He is currently the Chairman & CEO of CrowdPoint Technologies and the Chairman of Node Nexus Network. His extensive background in big data, artificial intelligence (AI), and cybersecurity will provide invaluable insights and guidance as FCCN continues to expand its technological frontiers.

“We are thrilled to welcome Sean as Chairman of the Board of Directors,” said Jenifer Osterwalder, CEO of FCCN. “His track record and expertise in the tech industry will be invaluable as we continue to innovate and aspire to lead in our market sectors. Sean’s leadership qualities and strategic vision will undoubtedly complement our efforts to achieve sustainable growth and technological excellence.”

Sean Michael Brehm expressed his enthusiasm about joining FCCN, stating, “I am excited to contribute to a company with a vision of incubating technological innovation for the emerging Quantum as a Service sector. I look forward to working with the team to help FCCN towards its future successes.”

About Sean Michael Brehm

Sean Michael Brehm has a proven track record in founding and scaling technology companies. His entrepreneurial ventures include the founding of big data and cyber security companies, where he led the development of analytic platforms integrating human lessons learned from complex combat operations. He has deployed technologies that focused on democratizing cybersecurity analytics for the mid-market. Currently, as the founder, Chairman and CEO of CrowdPoint Technologies, he is committed to defending the human right to privacy by uniting AI, quantization of data, and distributed quantum ledger database technologies.

About Spectral Capital Corporation

Spectral Capital Corporation is a publicly-traded company quoted on the OTC Markets with the symbol FCCN. The Company is upgrading the platforms of its subsidiaries Noot Holdings, Inc. (“Noot”) and Monitr Holdings, Inc (“Monitr”) to include Quantum as a Service (QaaS) within their functionality. In connection with Mr. Brehm’s recent appointments, the Company, under Mr. Brehm’s guidance, commenced development of Quantum as a Service (QaaS). QaaS is a cloud-based service that provides access to quantum computing technologies. QaaS harnesses the principles of quantum mechanics to solve complex problems beyond the capabilities of classical computers. The Company plans to develop QaaS products and services which are designed to offer computing power and efficiency, enabling solutions to challenges across various industries, including logistics, finance, healthcare and more. 

Noot is a search engine currently under development for the Quantum as a Service (QaaS) industry to harness the collective wisdom of users to solve complex problems and generate innovative solutions, reflecting the emergent behavior observed in quantum systems. Noot is currently in beta testing.

Monitr, currently under development, is designed to combine the essence of quantum computing with financial analytics to provide market insights and secure data handling. Leverage cloud computing, big data, and software to analyze the financial markets and discover trending stocks. Monitr is currently in beta testing.

FCCN’s development of the QaaS products and services and the Noot and Monitor platforms is contingent upon its receipt of adequate financing to support further development and modifications, and our ongoing operational costs.

Forward-Looking Statements

This press release contains “forward-looking statements,” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the Company’s planned technologies and operations, including but not limited to the development of the QaaS products and services and the Noot and Monitor platforms, the funding of operations, and the commencement of supply of the Company’s products and services to future customers. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Forward-looking statements can be identified by words such as “believes,” “plans,” “anticipates,” “expects,” “estimates,” “projects,” “will,” “may,” “might,” and words of a similar nature. Examples of forward-looking statements include, among others, but are not limited to, statements we make regarding the development and planned commercialization of the QaaS products and services and the Noot and Monitor platforms, expected operating results, and our plans and strategies for product development, engaging with potential customers, market position, and financial results. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict, many of which are outside our control. Our actual results, financial condition, and events may differ materially from those indicated in the forward-looking statements based upon a number of factors. Forward-looking statements are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Therefore, you should not rely on any of these forward-looking statements. There are many important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements, including our ability to obtain customers for our planned products and services, generate revenue, complete the development and commercialization of the QaaS products and services and the Noot and Monitor platforms; our ability to complete certain transactions and realize anticipated benefits from acquisitions; contracts, dependence on our Intellectual Property (IP) rights, certain IP rights of third parties; the competitive nature of our industry; risks and uncertainties associated with market conditions; and our receipt of financing to complete our future plans and our ability to complete development and commercialization of the QaaS products and services and the Noot and Monitor platforms. Any forward-looking statement made by us in this document is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. No information in this document should be interpreted as an indication of future success, revenues, results of operation, or stock price. All forward-looking statements in this document are qualified in their entirety by this cautionary statement.

Additional Information and Where to Find It

This communication may be deemed to be solicitation material in respect of the appointment of Sean Michael Brehm as Chairman of the Board of Directors. Shareholders are urged to read all of FCCN’s filings and reports filed with the SEC, including FCCN’s periodic reports on Form 10-K, 10-Q and Form 8K. Investors and security holders will be able to obtain the documents (when available) free of charge at www.sec.gov or from Spectral Capital Corporation at its website, www.spectralcapital.com.

Call to Action

We invite investors, media representatives, and interested parties to stay updated on Spectral Capital’s progress and upcoming innovations. For more information and to follow our latest news, please visit our website at www.spectralcapital.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/spectral-capital-appoints-sean-michael-brehm-as-chairman-and-independent-director-302166637.html

SOURCE Spectral Capital Corporation

Related Topics:
Continue Reading

Technology

Cash or Card? New Upgraded Points Survey Reveals How Travelers Pay Abroad

Published

9 minutes ago

on

October 28, 2026

By

AUSTIN, Texas, Oct. 28, 2026 /PRNewswire/ — A new Upgraded Points survey of 1,500 recent international travelers, including 1,000 Americans, finds that travelers use a mix of cash and cards abroad, but exchange rates, fees, and declined transactions can complicate purchases.

“Spending money should be the easy part of a trip abroad,” said Ryan Smith, Director of News at Upgraded Points. “But exchange rates, fees, and payment options can complicate even the simplest purchase. We wanted to learn how travelers prepare, where their plans run into trouble, and what they do when convenience and the best exchange rate move in different directions.”

Study Methodology

Upgraded Points surveyed 1,500 adults who had traveled internationally within the past 12 months, including 1,000 U.S. adults and 500 adults from other countries. Respondents answered questions about payment methods, cash habits, credit card use, airport currency exchanges, and their confidence navigating exchange rates. The results were compared to show how Americans’ payment habits differ from those of other international travelers.

Payment Planning Often Starts Months Before a Trip

Nearly one-third (32%) begin planning how they’ll pay abroad three to six months before departure. U.S. travelers are more likely than non-U.S. travelers to start earlier, with 20% beginning more than six months ahead, compared with 12% of non-U.S. travelers.

Travelers’ Confidence in Exchange Rates Varies

Just 35% of respondents said they feel very confident understanding exchange rates abroad. Confidence also varied by age and gender:

44% of men feel very confident, compared with 26% of women.28% of Gen Z travelers feel very confident, compared with 40% of Gen X travelers and 37% of Baby Boomers.

Cash and Cards Remain Popular Abroad

Cash in the local currency and physical credit cards were nearly tied as the payment methods travelers most often use abroad. Mobile wallets were more popular among younger travelers:

71% use cash in the local currency.69% use a physical credit card.44% use a mobile wallet, including 56% of Gen Z travelers and 22% of travelers age 61 and older.35% use a physical debit card.

Most Travelers Carry Local Currency

More than 8 in 10 travelers (81%) carry cash in the destination’s currency, often for situations where cards may not be accepted:

64% use it at street vendors, markets, or small businesses.55% use it for tips and other customary cash payments.53% carry it for emergencies.

Travelers generally avoid carrying a large amount at once. About 44% exchange enough cash for several days, while 26% exchange enough for the full trip.

Familiar Card Brands Lead Among U.S. Travelers

Among U.S. respondents, Visa was the most commonly used card network, while Chase and Capital One were the most commonly used issuers:

Visa: 24%Chase: 21%Capital One: 19%American Express: 15%

Fees and Declined Cards Can Complicate Purchases

Among all respondents, travelers most often said their bank or card company contacted them about a purchase made abroad. Other issues increased the cost of a purchase or prevented it from going through:

38% were contacted by their bank or card company about a purchase.34% paid more than expected because of the exchange rate.29% were charged an unexpected foreign transaction fee.26% had a card declined.

Find the full study here.

About Upgraded Points LLC

Headquartered in Austin, Texas, Upgraded Points is a travel company that helps to demystify the complex world of travel and credit cards. Launched in 2016 by Alex Miller, Upgraded Points uses targeted research efforts and in-depth studies to help travelers maximize their travel, points, and experiences. Learn more at www.UpgradedPoints.com.

Media Contact:
Alex Miller, Founder
1-214-646-8866
425187@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cash-or-card-new-upgraded-points-survey-reveals-how-travelers-pay-abroad-302922010.html

SOURCE Upgraded Points

Continue Reading

Technology

ESI supplying solar array components to missile defense programs

Published

9 minutes ago

on

October 28, 2026

By

SIMI VALLEY, Calif., Oct. 28, 2026 /PRNewswire/ — ESI Motion Inc. is proud to announce that it is supplying the Solar Array Drive Electronics (SADE) to Lockheed Martin for its work on the Space Development Agency’s Proliferated Warfighter Space Architecture (PWSA) programs.

Under the agreement, ESI Motion’s SADE technology will support SDA as the PWSA is developed.

Defending our nation in space is more important than ever. The Space Development Agency’s PWSA programs provide the military with a network of satellites with secure communication, missile tracking and space-based support to make sure our troops have the latest and greatest technology.

The SADE consists of our Space-rated, flight heritage, SuperNova and Pulsar motor controllers. These motion controllers ensure all mission parameters are fulfilled, with high-reliable technology. 

ESI Motion Inc., U.S. Company, is a trusted supplier and partner, supporting mission operations for space, military and industrial customers around the world for over 20 years. Please visit our website; www.esimotion.com

Mitchell Haerterich, mhaerterich@esimotion.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/esi-supplying-solar-array-components-to-missile-defense-programs-302922454.html

SOURCE ESI Motion

Continue Reading

Technology

Envoy AI Launches “Boss of Machines” Program to Develop the Next Generation of Freight Leaders

Published

9 minutes ago

on

October 28, 2026

By

New AI Operations Lab will provide college students with hands-on experience in freight technology, operational transformation, and a $2,500 scholarship.

CHATTANOOGA, Tenn., Oct. 28, 2026 /PRNewswire-PRWeb/ — Envoy AI, the AI Native platform behind logistics autonomous agent system and execution layer Ellie, today announced the launch of Boss of Machines: AI Operations Lab, a new internship and scholarship program designed to prepare the next generation of logistics professionals for an industry increasingly shaped by artificial intelligence and digital labor.

The people starting their careers in freight now are going to spend a lot of their day managing agents. Somebody has to be the boss of those machines. We named the program after that job because it’s the one brokerages are going to be hiring for.

The program was introduced by Envoy AI CEO Robby Nathan during his fireside chat at FreightWaves’ F3: Future of Freight Festival on October 27.

“Freight has always been a people business, and that isn’t changing,” said Robby Nathan, Envoy AI CEO. “What is changing is how the work gets done. We want students to understand that shift firsthand. There’s a big difference between learning about AI in a classroom and seeing what it takes to put it to work in a real operation. Our goal is to give them that experience and help prepare them to become the leaders this industry will need.”

Launching in spring 2027, the three-month program will select two college juniors or seniors for an immersive experience working directly with Envoy AI’s product, engineering, and operations teams. Participants will gain firsthand exposure to how AI technology is developed, implemented, and used to solve real operational challenges across the freight industry.

Preparing Students for a Changing Industry

As freight companies adopt AI to automate routine work, improve productivity, and scale operations, the skills future logistics leaders need are evolving.

The Boss of Machines program bridges the gap between classroom education and the practical experience needed to lead technology-enabled operations.

Students will participate in four areas of learning:

Building AI for Operations: Understanding how AI agents are developed and applied to freight workflows.Deploying Digital Labor: Learning how new technology is integrated into existing systems, implemented with customers, and adopted by operational teams.Measuring Operational Performance: Exploring the role of analytics, productivity, and return on investment in evaluating technology initiatives.Leading Modern Freight Operations: Developing an understanding of how people and AI agents work together to manage and execute freight operations.

Investing in the Next Generation

The initiative reflects Envoy AI’s commitment to developing talent and giving students meaningful exposure to the technology and operational practices shaping the future of transportation.

“About 75% of the freight in our live accounts is already booked through Ellie, and that changes the job a new hire walks into,” said Nathan. “The people starting their careers in freight now are going to spend a lot of their day managing agents. That takes someone who can tell when a rate doesn’t make sense for the lane, and who’ll catch a carrier about to fall off before the shipper ever hears about it. Somebody has to be the boss of those machines. We named the program after that job because it’s the one brokerages are going to be hiring for.”

Throughout the program, students will work alongside experienced industry professionals, gaining exposure to product development, customer implementations, operational workflows, and the business decisions involved in deploying AI at scale.

Upon successful completion of the three-month program, each participant will receive a $2,500 scholarship to support their fall 2027 studies.

Applications and Program Timeline

The inaugural Boss of Machines: AI Operations Lab will welcome two students for the spring 2027 semester.

The program is open to college juniors and seniors interested in logistics, supply chain management, technology, engineering, business operations, and related fields.

Applicants will be asked to share their interests, relevant experience, and perspectives on how technology can improve freight operations.

Envoy AI will announce selected participants in January 2027, ahead of the spring program kickoff.

Additional program details and application information will be available through Envoy AI’s website.

About Envoy AI

Envoy AI develops AI-powered digital labor solutions for freight and logistics operations. Through its AI workforce, Ellie, the company helps logistics teams automate operational workflows, improve productivity, and execute freight processes across existing transportation systems. Envoy AI helps transportation organizations scale operations through practical AI applications.

Media Contact

Michelle McBride, Envoy AI, 1 972-821-2012, michelle@tryenvoy.ai, tryenvoy.ai

View original content:https://www.prweb.com/releases/envoy-ai-launches-boss-of-machines-program-to-develop-the-next-generation-of-freight-leaders-302922133.html

SOURCE Envoy AI

Continue Reading

Trending