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MicroCloud Hologram Inc. Develops Semiconductor Quantum Dot Hole Spin Qubit Technology, Advancing the Frontiers of Quantum Computing

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SHENZHEN, China, Dec. 30, 2024 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (the “Company”), based on their in-depth research and continuous innovation in quantum technology, they have pioneered an advanced technological solution: using a fast adiabatic driving protocol to achieve coherent control of two heavy hole spin qubits in a double quantum dot (QD) system. In traditional quantum experimental protocols, conventional methods such as linear ramps, π-pulses, or Landau-Zener channels have contributed to the incremental development of quantum control techniques. However, due to their inherent physical limitations, these methods struggle to meet the current stringent demands for high fidelity in quantum information processing. In contrast, the fast adiabatic driving protocol developed by HOLO demonstrates significant technological advantages.

The fast adiabatic driving protocol is essentially a precise energy control paradigm based on the quantum adiabatic theorem. In the context of a complex double quantum dot (QD) system, it carefully designs control paths according to the system’s adiabatic evolution rules, guiding the two heavy hole spin qubits along predefined trajectories with high-precision quantum state fidelity to achieve state transitions. This approach cleverly avoids the risk of quantum state distortions caused by abrupt energy changes or external disturbances. Similar to the precise navigation in interstellar travel, this control mode ensures accurate quantum state transitions by meticulously managing the energy variations in the quantum system, thereby achieving higher quantum state fidelity compared to traditional protocols.

From the perspective of practical application efficiency, the implementation of fast quasi-adiabatic driving through spin-orbit coupling mechanisms results in two significant technological outcomes. On one hand, charge noise in the qubit operation process is deeply suppressed. Charge noise has long been a troublesome issue in the field of quantum control, acting like an “invisible interference factor” hidden in the microscopic world. It disturbs the stable state of qubits with subtle and continuous fluctuations, frequently causing computational errors. HOLO’s innovative technological approach serves as a solid “electromagnetic shielding barrier” for qubits, optimizing the electrical environment of the quantum system to effectively block the infiltration of charge noise, ensuring that qubits operate stably in a relatively “low-noise” environment. On the other hand, it achieves high stability in qubit initialization. As the crucial starting point for quantum computation, the stability of initialization plays a decisive role in the accuracy of subsequent full-round computations. High stability means that even when facing external uncertainties such as temperature fluctuations and weak electromagnetic interference, qubits can consistently return to their initial set state with precision, laying a solid foundation for performing high-complexity and high-precision quantum computing tasks.

Moreover, HOLO has also made new research progress in the key area of quantum gate control. Quantum gates, as the fundamental logical building blocks of quantum computing, are analogous to basic logic gates in traditional computers. The precision and functional completeness of these gates directly constrain the overall computational performance of quantum computers. HOLO has successfully developed and implemented both single-qubit and two-qubit gate operations, especially NOT, CNOT, and SWAP-like gates. In the heavy-hole spin system architecture within the double quantum dot (QD), these quantum gate operations achieve quantum state fidelities as high as 99%.

HOLO is committed to deepening its research in the field of semiconductor quantum dot heavy-hole spin qubit technology. The company will continue to optimize the physical parameters and control processes of the fast adiabatic driving protocol, further enhancing the fidelity and stability of qubit control, while expanding the functional boundaries and application scenarios of quantum gates. With ongoing breakthroughs in scientific research and the accelerated iteration of technology, it is believed that this cutting-edge technology will gradually break free from the confines of the laboratory, injecting a surge of innovation into the quantum information processing industry. This will open a new and glorious chapter in the role of quantum computing in empowering human societal development.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud’s holographic technology services include high-precision holographic light detection and ranging (“LiDAR”) solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, breakthrough technical holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems (“ADAS”). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud’s holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud’s holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. For more information, please visit http://ir.mcholo.com/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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SOURCE MicroCloud Hologram Inc.

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Atlantic Merchant and First Bank Announce Strategic Partnership to Enhance Payment Processing for their Clients

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42 minutes ago

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January 2, 2025

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Atlantic Merchant Services, a subsidiary of Payroc, is partnering with First Bank to provide First Bank’s clients with tailored payment solutions, including POS systems, contactless payment options, and business analytics tools. The partnership will enhance innovation and customer service.

TINLEY PARK, Ill., Jan. 2, 2025 /PRNewswire-PRWeb/ — Atlantic Merchant Services, a wholly owned subsidiary of Payroc, the payments platform built for partners, announced a new partnership with First Bank. First Bank is a trusted financial institution serving the Commonwealth of Virginia since 1907. Beginning January 1, 2025, Atlantic Merchant Services (Atlantic Merchant) will support First Bank’s clients with seamless, secure, and customized payment processing solutions.

“Our partnership ensures our customers have access to cutting-edge payment solutions with the personal touch they’ve come to expect.” Dennis Dysart, President and Chief Operating Officer of First Bank

This collaboration aligns with both organizations’ commitment to exceptional customer service and innovation. First Bank’s clients will now have access to Atlantic Merchant’s suite of advanced payment technology, including point-of-sale systems, contactless payment options, and business analytics tools—all designed to save time and drive efficiency.

“Our partnership with Atlantic Merchant ensures our customers have access to cutting-edge payment solutions with the personal touch they’ve come to expect,” Dennis Dysart, President and Chief Operating Officer, commented.  “We’re thrilled to provide community businesses, non-profits, and municipalities with individualized resources they need to thrive while maintaining the customer-first focus that is central to our mission.”

Atlantic Merchant’s dedication to creating unique customer experiences is unmatched. With solutions tailored to the specific needs of First Bank’s diverse clientele, Atlantic Merchant sets itself apart from competitors by combining technological innovation with localized support.

“At Atlantic Merchant, we believe in empowering businesses through innovation and exceptional service,” said Bill Baker, Managing Director of Sales Solutions at Atlantic Merchant. “Partnering with First Bank allows us to bring our expertise to a community-focused financial institution that shares our values.”

This partnership underscores the shared vision of both organizations to help local businesses succeed in an ever-evolving marketplace.

For more information about Atlantic Merchant’s solutions, visit http://www.AtlanticMerchant.com.

About Atlantic Merchant:
Atlantic Merchant Services, LLC, is a wholly owned subsidiary of Payroc World Access. Payroc World Access (Payroc) is a high-growth merchant acquirer, processor, and payment integrations powerhouse that offers best-in-class sales enablement and payment processing technology on a global scale. Payroc delivers proprietary, innovative, and full-service merchant acquiring solutions together with key card brand network payment sponsorship registrations. Payroc is a registered Visa third-party processor, a Visa independent sales organization, a Mastercard third-party service provider, a Mastercard member service provider, a payment facilitator, an encryption support organization for Fifth Third Bank, National Association (“Fifth Third”), and, in Canada is registered with Peoples Trust Company, among many others. For more information, visit payroc.com.

About First Bank:
First Bank is a community bank that first opened for business in 1907 in Strasburg, Virginia. The Bank offers loan and deposit products and services through its website, http://www.fbvirginia.com, its mobile banking platform, a network of ATMs located throughout its market area, three loan production offices, two customer service centers in retirement communities, and thirty-three bank branch office locations located throughout the Shenandoah Valley, the central region of Virginia, the Roanoke Valley, the city of Richmond, and in northern North Carolina.

Media Contact

Lynae Harrison, Payroc, 8447297624, lynae.harrison@payroc.com, https://payroc.com/ 

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SOURCE Payroc

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MasTec Senior Management to Present at the Goldman Sachs Investor Conference

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43 minutes ago

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January 2, 2025

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CORAL GABLES, Fla., Jan. 2, 2025 /PRNewswire/ — MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, January 7th at approximately 2:20 p.m. Eastern Time. Additionally, one-on-one meetings with institutional investors and MasTec’s senior management are also being arranged as a part of the conference.

The audio and any presentation materials may be accessed through links on the “Investors” page of MasTec’s website at www.mastec.com.  Interested parties should check the Company’s website for any schedule updates, or time changes.  The presentation will also be available for replay on the MasTec website for approximately 30 days.

Please make note that in the presentation by management, we may make certain statements that are forward-looking, such as statements regarding MasTec’s future results, plans and anticipated trends in the industries where we operate. 

These forward-looking statements are the Company’s expectations on the day of the initial webcast, and the Company does not undertake to update these expectations based on subsequent events or knowledge.   

Various risks, uncertainties and assumptions are detailed in our most recent financial press releases and filings with the Securities and Exchange Commission.  Should one or more of these risks or uncertainties materialize, or should any of our underlying assumptions prove incorrect, actual results may differ significantly from results expressed or implied in these communications.   

MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. The Company’s primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: power delivery services, including transmission and distribution, wireless, wireline/fiber and customer fulfillment activities; power generation, primarily from clean energy and renewable sources; pipeline infrastructure, including natural gas pipeline and distribution infrastructure; heavy civil; and industrial infrastructure. MasTec’s customers are primarily in these industries. The Company’s corporate website is located at www.mastec.com. The Company’s website should be considered as a recognized channel of distribution, and the Company may periodically post important, or supplemental, information regarding contracts, awards or other related news and webcasts on the Events & Presentations page in the Investors section therein.

View original content:https://www.prnewswire.com/news-releases/mastec-senior-management-to-present-at-the-goldman-sachs-investor-conference-302340215.html

SOURCE MasTec, Inc.

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RADCOM to Participate in the 27th Annual Needham Growth Conference on January 16, 2025

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43 minutes ago

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January 2, 2025

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TEL AVIV, Israel, Jan. 2, 2025 /PRNewswire/ — RADCOM Ltd. (NASDAQ: RDCM) announced today that Benny Eppstein, Chief Executive Officer, and Hadar Rahav, Chief Financial Officer, will participate virtually in the 27th Annual Needham Growth Conference on January 16, 2025.

Management will be available for virtual one-on-one investor meetings. To schedule a meeting, please get in touch with your Needham representative.

About RADCOM

RADCOM (NASDAQ: RDCM) is the leading expert in 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
msegal@ms-ir.com

Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com 

 

View original content:https://www.prnewswire.com/news-releases/radcom-to-participate-in-the-27th-annual-needham-growth-conference-on-january-16-2025-302341119.html

SOURCE RADCOM Ltd.

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