Business
FutureGen Industries Announces Open Market Investments
VANCOUVER, BC / ACCESS Newswire / March 22, 2026 / FutureGen Industries Corp. (TSXV: LITT )(Fr...
About this update from Futuregen Industries Corp.
[{"type":"text","content":"FutureGen Industries Announces Open Market InvestmentsVANCOUVER, BC / ACCESS Newswire / March 22, 2026 / FutureGen Industries Corp. (TSXV:LITT)(Frankfurt:T500, WKN: A41WY4) (\"FutureGen Industries\" or the \"Company\") announces that it has made open market purchases of publicly traded securities of Palantir Technologies Inc., Redwood AI Corp. (CSE:AIRX), and Rocket Lab Corporation.The aggregate consideration for the investments was approximately CAD $95,127.60. The investments were made through open market purchases of common shares. The Company may, from time to time, increase or decrease its investment in these issuers depending on market conditions and other factors. The investments were made on an arm's length basis. The Company has no material relationship with any of the investee issuers.The following descriptions of the investee issuers are based on publicly available information and have not been independently verified by the Company.Palantir Technologies Inc. is a publicly traded software company listed on the Nasdaq Stock Market that develops data analytics and artificial intelligence platforms for government and commercial customers. As described on its website at www.palantir.com, Palantir's principal software platforms include Gotham, Foundry, Apollo, and Artificial Intelligence Platform (AIP). The company's software is used in sectors including government, defense, healthcare, and commercial enterprise.Redwood AI Corp. is a publicly traded company listed on the Canadian Securities Exchange that develops artificial intelligence software for applications in the chemical and pharmaceutical industries. As described on its website at www.redwoodai.com, Redwood AI is developing a platform intended to support synthesis planning, molecular design, and related chemical development processes. Public disclosures by Redwood AI also indicate that the company is exploring applications of its technology in defense and public safety contexts.Rocket Lab Corporation is a publicly traded space company listed on the Nasdaq Stock Market that provides launch services, spacecraft, and satellite components for commercial and government customers. As described in publicly available disclosures, including the company's press releases dated February 27, 2026, Rocket Lab's launch portfolio includes the Electron launch vehicle and the HASTE s...