SEATTLE – Spectral Capital Corporation (OTCQB: FCCN), a $330 million market cap company specializing in Quantum (NASDAQ:) as a Service (QaaS) and decentralized cloud infrastructure, announced today the appointment of Dr. Moshik Cohen as its Chief Technology Officer (CTO). The company’s stock has shown remarkable momentum, delivering an extraordinary 10,427% return year-to-date according to InvestingPro data. Dr. Cohen, a leading figure in plasmonics, nanophotonics, and quantum systems, will steer the company’s technology strategy, particularly focusing on its Quantum Bridge initiative, which aims to merge classical computing with emerging quantum architectures.
Dr. Cohen’s expertise in plasmonics, which involves the interaction of light with metal nanostructures to create high-speed electronic waves, is expected to advance Spectral’s data transmission and computational capabilities. His past work has contributed to significant increases in data transfer speeds, energy efficiency, and the development of systems that can operate at room temperature, making them more suitable for everyday applications.
With over 20 years of experience in research and commercialization in fields ranging from telecommunications to quantum technologies, Dr. Cohen has held several prestigious roles. He founded Wisense Technologies, served as Director of R&D at Samsung Electronics (KS:), led groups at Israel Aerospace Industries and Intel Corporation (NASDAQ:), and has been published in respected journals like Nature and Science.
Spectral’s Chairman, Sean Michael Brehm, expressed confidence in Dr. Cohen’s ability to transition the company from a QaaS provider to a deep-tech holding company with significant intellectual property in quantum computing. The company maintains a “GREAT” overall financial health score of 3.32 on InvestingPro, suggesting strong fundamental positioning for this strategic transition. Jenifer Osterwalder, CEO of Spectral Capital, also highlighted Dr. Cohen’s track record of transforming visionary ideas into tangible, scalable solutions.
Dr. Cohen expressed his enthusiasm for leading Spectral’s technological innovation, emphasizing the potential of plasmonics to achieve near-quantum-level speeds in classical systems. He looks forward to contributing to industry-transforming solutions that will bridge the gap to practical quantum computing.
Spectral Capital, founded in 2000 and headquartered in Seattle, Washington, acts as a technology startup accelerator and quantum incubator. The company’s proprietary Distributed Quantum Ledger Database (DQ-LDB) is central to its offerings in secure storage and computing solutions.
The company plans to provide further updates on its technological advancements and will release a detailed roadmap shortly. Currently trading at $4.79, near its 52-week high of $5.50, the stock has shown remarkable resilience from its 52-week low of $0.02. This announcement is based on a press release statement from Spectral Capital Corporation. Discover more detailed analysis and 12+ additional key metrics with InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
