Modal Technology Corporation [$MODL]
Modal Technology Corporation offers new and proven solutions for superior High Performance Computing. The company owns key patents in hardware design and software method that are based on a relatively new branch of applied mathematics known as Modal Interval Arithmetic (MIA).
Unlike current industry standards based on floating point arithmetic, MIA guarantees accuracy and precision for important classes of scientific problems such as global optimization, solutions of nonlinear equations, and constraint satisfaction. It also solves the market pain issues of parallelism and energy efficiency that existing technologies struggle to overcome.
The company is involved in the development of industry standards and has a vision of introducing the benefits of its patented technology to many vertical markets including artificial intelligence, finance, aerospace, defense, computer animation, and other relevant industries.