Contract12 Feb 2026 08:06
Giving away a huge amount of the cash pile with this collaboration. They may have to come to the market again soon to raise some more cash.
"Delta Gold will sponsor a first year research programme estimated to be up to USD $997,142 which will be paid to Penn State on a cost reimbursement basis. The research will extend existing work on gold-based quantum technologies with the aim of generating valuable intellectual property. The total cost reimbursable contract is for up to USD $2,991,426 over three years".