FOR IMMEDIATE RELEASE
DALLAS, TX – November 15, 2022 – Luxcore emerges from stealth mode to announce and debut its latest innovation disruption, merging Internet, cloud and blockchain technologies. Today, Luxcore will host a global launch event, announcing its newest product and service offering for current and potential investors and members of the press. The company will reveal its decentralized cloud infrastructure (DCI) platform that leverages the company’s long-time expertise in optical systems, chip design and distributed, network-based, multi-level secure operating systems.
“Luxcore’s decentralized cloud platform is designed to be the first cloud computing platform based on micro clouds and distributed ledger technology (“DLT”), also known today as blockchain, says Gerald Ramdeen, CEO of Luxcore. “Today, we are the first decentralized cloud infrastructure provider with the ability to provide managed, hosted blockchain services with cross-blockchain integration, uniquely positioning us to offer “Blockchain-as-a-Service” with an unparalleled emphasis on speed and security. Ultimately, our vision is to be the “Architects of the Next Internet.” And this announcement is the second major step in our journey.
Luxcore plans to vertically integrate the entire hardware and software stack, from the network layer up through the software layer, onto a single chip that can be deployed globally wherever 5G and 6G mobile infrastructure is deployed. In addition, at the event, Luxcore will be announcing a new major strategic partnership with a Fortune 500 company, one the industry’s most respected technology service providers in cloud and blockchain technologies. Working together, this strategic partnership will allow both companies to provide secure mass data storage and transit on our Decentralized Cloud Infrastructure (“DCI”) platform, together as we build the next Internet for the future of finance, commerce and mobility.
Ramdeen will unveil a look at the DCI and “Blockchain-as-a-Service”, their growth potentials, and revenue projections. It is estimated this new strategic partnership could generate $20-50 million in revenue per year, beginning next year. Also, at the event, Ramdeen will be announcing Luxcore’s return to the private institutional capital markets, with the goal of securing institutional capital to fuel the company’s expected growth.
Luxcore will host its keynote conference at the Ritz Carton: 2121 McKinney Ave, Dallas, TX 75201, and the event will begin at 10 am and end at 2 pm. If interested in attending, RSVP for press credentials: Amore@aoprllc.com
About Luxcore, Inc.
Ultimately, our vision to be the “Architects of the Next Internet” will be fulfilled by our ability to vertically-integrate the entire hardware and software stack, from the network layer up through the software layer, onto a single chip that can be deployed globally wherever 5G and 6G mobile infrastructure is deployed resulting in significant infrastructure costs and energy savings. For more information, please visit Luxcore.com.
For more info, media & press inquiries, please contact: Amore Philip | AOPR | 929-593-3988 | Amore@aoprllc.com