Connect with us

Technology

Ada IQ Secures $275,000 NSF SBIR Phase One Award to Integrate AI Design Platform with PTC

Published

on

Boston-based Ada IQ has won a $275,000 NSF SBIR Phase One award to integrate its AI Design and Insights platform with PTC Onshape, advancing AI-driven product design. This grant brings Ada IQ’s total non-dilutive funding to over $1.25M, supported by Techstars, NSF, and Northeastern University, positioning it as a leader in AI and design innovation.

BOSTON, June 4, 2024 /PRNewswire/ — Ada IQ, a leader in AI-driven product design, is thrilled to announce it has been awarded a $275,000 Phase One Small Business Innovation Research (SBIR) grant by the National Science Foundation (NSF). This prestigious grant will fund the integration of Ada IQ’s pioneering Design AI platform with advanced 3D computer-aided design (CAD) systems, including Ada IQ’s integration with the PTC Onshape® CAD and PDM platform. PTC, a global company renowned for its CAD and product life cycled management software, will serve as the commercial partner for this innovative project.

“This $275,000 NSF SBIR award advances Ada IQ’s AI integration with PTC Onshape for smarter, faster product design. With over $1.25M in funding from Techstars, NSF, and Northeastern, we’re set to revolutionize how designers and engineers create consumer products.” — Dr. Tucker Marion, Co-founder

Ada IQ aims to revolutionize how designers and engineers create consumer products and plans to further its research by blending Ada IQ’s AI-driven market analytics with the CAD capabilities of Onshape. This API integration will explore how AI transforms product design by enabling more data-informed decisions, reducing time to market, and enhancing product relevance to consumer needs.

Dr. Tucker Marion, co-founder of Ada IQ, shares his vision for the project: “This NSF SBIR award is a pivotal step forward for Ada IQ and for the future of AI in product design. Our integration with Onshape represents the cutting edge of integrating market-driven analytics with design processes, which we call Design for Needs (DFN). We envision a world where every design decision is informed by deep, actionable insights, enabling creators to design products that truly resonate with consumers. This is the future of product development – smarter, faster, and more attuned to market demands.”

Greg Brown, a Vice President of Product at PTC, said: “The integration of Ada IQ’s AI-driven analytics with the PTC Onshape platform is an exciting development for the industry. Dr. Marion and the Ada IQ team have a strong vision for creating products that are not only innovative but also precisely tailored to meet market expectations. We look forward to the research progressing and telling us more about how AI can streamline product development and support designers and engineers worldwide.”

The NSF SBIR Phase One award is a testament to Ada IQ’s innovative approach and the potential of its technology to make a substantial impact on the product design industry. NSF SBIR programs are highly competitive and provide non-dilutive grant funding for the development of deep technologies, based on discoveries in fundamental science and engineering for societal and economic impacts. This non-dilutive grant brings the total funding to over $1.25M, including support from Techstars, NSF, and Northeastern University.

For further information about Ada IQ and its integration with PTC Onshape, please visit www.adaiq.com.

About Ada IQ

Ada IQ is at the forefront of leveraging artificial intelligence to transform product design. By integrating AI-driven insights into the design process, Ada IQ empowers creators to develop products that not only meet but exceed consumer expectations. Ada IQ is a techstars_ ’24 company.

PTC, Onshape, and the PTC logo are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.

Keywords:

Core Keywords

AI-driven product designAI in CADAI market analyticsNSF SBIR grantAI innovation in designAI product developmentTech startup fundingAI technology investments

Long-Tail Keywords

AI integration with CAD systemsAI-driven market insights for product designNSF SBIR funding for AI startupsAI-enhanced product lifecycle managementAI-driven design for consumer productsAI innovation in Boston tech startupsAI investment opportunities in CaliforniaAI applications in design and engineering

Geographic Keywords

Boston AI startupsBoston tech innovationCalifornia AI investorsSilicon Valley AI technologyMassachusetts tech fundingSan Francisco AI startupsNew England tech ecosystemLos Angeles AI investments

Industry-Specific Keywords

Techstars AI startupsVenture capital for AI technologyAI startup accelerator programsAI-driven product design innovationCAD technology advancementsAI in engineering softwarePTC Onshape integration with AIAI-driven product development tools

Media Contact:

Stuart Nixdorff
snixdorff@adaiq.com

View original content:https://www.prnewswire.com/news-releases/ada-iq-secures-275-000-nsf-sbir-phase-one-award-to-integrate-ai-design-platform-with-ptc-302162698.html

SOURCE ADA IQ

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

World IP Day 2026: PitchMark launches Ideas.Exchange to help creators safeguard and license ideas in the age of AI

Published

on

By

SINGAPORE, April 26, 2026 /PRNewswire/ — To mark World IP Day 2026, PitchMark® today launched Ideas.Exchange, a first‑of‑its‑kind platform designed to help creators assert intellectual property rights, license ideas, and formalise creative conversations in an increasingly AI‑driven economy.

Unveiled at Safeguard Your IP in the Age of AI, a media briefing hosted by CNBC’s Sri Jegarajah, the platform responds to growing concern that ideas are routinely used, reused or absorbed without attribution, consent or compensation—often with limited legal or commercial recourse.

“AI has amplified both the reach and the risk for creators,” said Mark Laudi, Managing Partner of PitchMark LLP. “Ideas.Exchange gives creators a way to protect themselves while still participating confidently in the market for ideas.”

At its core, the platform focuses on three interventions for creators:

Asserting IP rights by establishing proof of authorship and precedenceLicensing ideas without giving them away for freeFormalising conversations so pitches and evaluations are governed rather than informal

Ideas.Exchange is powered by three proprietary resources developed by PitchMark. These include a blockchain‑driven clearing house where ideas and creative works can be listed and licensed; smart contracts that automate usage terms and reduce disputes; and an IP Governance Certification Program designed to signal responsible handling of ideas, particularly in enterprise and AI contexts.

The result, PitchMark says, is three concrete outcomes: deterrence of idea theft, new ways to monetise ideas through structured licensing and price discovery, and a more level playing field that allows creators to pitch to clients and platforms on equal terms.

The launch comes amid renewed scrutiny of how intellectual property is treated in the AI era. While idea theft is rarely reported, its impact is significant. Beyond visible financial losses, organisations and creators often absorb hidden costs through talent attrition, innovation suppression and abandoned market opportunities.

“Most idea theft occurs informally and never reaches the courts,” said Prof David Llewelyn, Professor Emeritus of Law at Singapore Management University. “Introducing governance, traceability and standards is a meaningful step toward addressing that gap.”

Spokespeople including Prof Llewelyn, technology lawyer Bryan Ghows, and Mark Laudi are available for interview.

About PitchMark

PitchMark® deters idea theft and enables creatives to get paid by providing a trusted way to share and license ideas with prospects and clients.

 

View original content:https://www.prnewswire.com/apac/news-releases/world-ip-day-2026-pitchmark-launches-ideasexchange-to-help-creators-safeguard-and-license-ideas-in-the-age-of-ai-302753571.html

SOURCE PitchMark

Continue Reading

Technology

SK hynix receives 2026 IEEE Corporate Innovation Award for Driving AI Computing Expansion with HBM

Published

on

By

SK hynix honored at the 2026 IEEE Awards for leading AI technology innovation with HBM Contributed to the global AI computing ecosystem via stable mass production across all HBM generationsCompany committed to becoming a premier leader in AI innovation through collaboration with global customers and partners

SEOUL, South Korea, April 25, 2026 /PRNewswire/ — SK hynix Inc. (or “the company”, www.skhynix.com) announced today that it received the Corporate Innovation Award at the ‘2026 IEEE1 Honors Ceremony’ held in New York on the 24th (local time).

IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. Established more than a century ago, the IEEE Awards Program recognizes individuals and teams whose innovations have advanced technology and improved the human condition.

The IEEE Corporation Innovation Award, part of the Recognitions category, has been presented since 1986 to companies that have significantly contributed to the advancement of industry and society through innovative technology. This marks the first time SK hynix has received this honor.

SK hynix attributed the honor to its contribution to the global AI computing ecosystem by ensuring the stable mass production of all High Bandwidth Memory (HBM) generations. Looking ahead, the company aims to solidify its position as a trusted partner in the global AI market by providing memory solutions that are critical to overcoming the performance limitations of AI platforms.

The recognition highlights SK hynix’s achievements in driving the expansion of AI computing through HBM innovation and application. Central to this success was the company’s ability to preemptively offer innovative HBM solutions and respond timely to customer demands in the global AI market.

Industry observers also credit this achievement to the strategic direction of SK Group Chairman Chey Tae-won, who has long emphasized securing long-term technological competitiveness. Under his leadership, the company has consistently expanded its AI infrastructure partnerships with global Big Tech firms in the United States.

Ahn Hyun, President and Chief Development Officer (CDO), attended the ceremony as the company representative to accept the award.

“It is an honor to receive this award on behalf of our employees, who have tirelessly challenged the limits of technology,” said Ahn. “By collaborating closely with our global customers and partners, we will stay ahead in creating the value the market demands and continue to be a premier company leading AI innovation.”

About SK hynix Inc.
SK hynix Inc., headquartered in Korea, is the world’s top-tier semiconductor supplier offering Dynamic Random Access Memory chips (“DRAM”) and flash memory chips (“NAND flash”) for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

About IEEE
IEEE is the world’s largest technical professional organization and a public charity dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice in a wide variety of areas ranging from aerospace systems, computers, and telecommunications to biomedical engineering, electric power, and consumer electronics. Learn more at https://www.ieee.org.

View original content:https://www.prnewswire.com/news-releases/sk-hynix-receives-2026-ieee-corporate-innovation-award-for-driving-ai-computing-expansion-with-hbm-302753615.html

SOURCE SK hynix Inc.

Continue Reading

Technology

NCL (Formerly Natural Cure Labs) Unveils New Brand Identity, Reinforcing Its Position as a Leading Monolaurin Supplement Company

Published

on

By

Natural Cure Labs, one of the most recognized monolaurin supplement brands in the United States, is officially transitioning to NCL – the same company, same formulations, and same science-backed standards, under a streamlined name.

ST. PETERSBURG, Fla., April 25, 2026 /PRNewswire-PRWeb/ — Natural Cure Labs, one of the most recognized monolaurin supplement brands in the United States, is officially transitioning to NCL. The company, founded in 2015, is adopting a streamlined brand identity while maintaining the same formulations, manufacturing standards, team, and commitment to quality its customers have trusted for more than a decade.

“NCL represents the quality, transparency, and innovation that our community expects from us. As we enter this new chapter, our commitment to our customers and our standards remains as strong as ever.”

NCL stands for Natural Cure Labs. The name change reflects how customers and the team already refer to the company. Over the past 10+ years, “NCL” has become the natural shorthand for Natural Cure Labs – and this transition formalizes that identity. This is a name change and visual evolution only. Ownership, leadership, formulations, and values remain unchanged.

Same Mission, Sharper Identity

This transition is not a departure from who the company is – it is a natural progression. The values that have guided NCL from the very beginning remain unchanged: clean-label quality, third-party testing, science-backed formulations, and an unwavering commitment to transparency. What is changing is how the company presents itself. In the months ahead, this rebrand will be accompanied by further updates across the brand experience – from visual identity and packaging to how NCL shows up across every channel and platform. Each of these changes will reflect the same standard of excellence customers have come to expect.

What is changing is how the company presents itself. In the months ahead, this rebrand will be accompanied by further updates across the brand experience – from visual identity and packaging to how NCL shows up across every channel and platform. Each of these changes will reflect the same standard of excellence customers have come to expect.

More Than 10 Years of Trust

This evolution comes at a time of significant momentum. Since 2015, NCL has grown from a small startup into an award-winning wellness brand available nationwide through Amazon, Walmart, Target+, TikTok Shop, eBay, and other major marketplaces. Along the way, the company has reached milestones that reflect the trust its community has placed in it:

200,000+ customers served worldwide35+ million capsules sold7,000+ verified customer reviewsRecognition in the 2025 Inc. 5000 list of fastest-growing private companiesMultiple Stevie Awards from the American Business AwardsNamed a 2025 and 2026 Gator100 HonoreeThree-time Global 100 winner for Best Health & Wellness Nutrition Manufacturer

“This rebrand isn’t about changing who we are – it’s about evolving how we present ourselves to match the brand our customers already know and trust,” said Damon Sununtnasuk, Founder & CEO.

What This Means for Customers

For existing customers, nothing changes about the products they know and trust. The same formulations, manufacturing facilities, quality controls, and customer support team remain in place. Products sold as Natural Cure Labs and products sold as NCL are from the same company. Customers can continue to find NCL products on the company’s website and through Amazon, Walmart, Target+, Kroger, eBay, and other major marketplaces.

NCL is grateful for every customer who has been part of this journey and is excited for what is to come.

Media Contact

NCL (Natural Cure Labs), NCL (Natural Cure Labs), 1 8003036214, press@naturalcurelabs.com, https://www.naturalcurelabs.com/

View original content to download multimedia:https://www.prweb.com/releases/ncl-formerly-natural-cure-labs-unveils-new-brand-identity-reinforcing-its-position-as-a-leading-monolaurin-supplement-company-302753477.html

SOURCE NCL (Natural Cure Labs)

Continue Reading

Trending