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Cloud3 Ventures invests C$104K in Encore, boosting exposure to space tech via Solstar's on-orbit communications.

Market News
11 Aug 2026
TheNewswire
View Source
Bullish
pluang ai news

Cloud3 Ventures has strategically invested C$104,000 in Encore Technologies, acquiring 400,000 shares and gaining indirect exposure to Solstar Space's on-orbit communication technology through Encore's secured convertible loan. This investment follows Encore's oversubscribed C$1.67 million private placement and an increase in its loan to Solstar to US$1.16 million. Solstar's technology, including the successful Deke Space Communicator on a SpaceX mission, supports secure spacecraft connectivity and is advancing toward broader commercial use. Cloud3 aims to leverage this investment for growth potential and portfolio flexibility, though returns depend on market conditions and loan conversion terms.

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