Comstock to Acquire Quantum Generative Materials LLC
Comstock Inc. (LODE)
NASDAQ:AMEX Investor Relations:
comstockmining.com/investors/investor-relations
Company Research
Source: GlobeNewswire
VIRGINIA CITY, Nev., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the execution of an agreement by Comstock, Deep Interstellar Research LLC (“DIR”), and Quantum Generative Materials LLC (“GenMat”) under which Comstock effectively acquired substantially all of the equity in GenMat, including GenMat’s artificial intelligence materials discovery platform, materials synthesis, and related assets, business, and most of the related technical team. Concurrently, as part of the acquisition of GenMat, Deep Prasad’s holding company will be receiving GenMat’s consolidated satellite, mission control software, other related low earth orbit assets, and space team. As a result of the transaction, Comstock will own substantially all of GenMat’s issued and outstanding equity and continue development and commercialization of its breakthrough physics-based artificial intelligence products and services to discover new materials and other te
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- Comstock Completes GenMat TransactionGlobeNewswire
- Comstock Inc. (LODE) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
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- 10/22/24 - Miss
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- 11/20/24 - Form 8-K
- 11/19/24 - Form 8-K
- 11/13/24 - Form 8-K
- LODE's page on the SEC website