08:57:59 EDT Mon 23 Mar 2026
Enter Symbol
or Name
USA
CA



Futuregen Industries Corp
Symbol LITT
Shares Issued 55,423,361
Close 2026-03-20 C$ 0.40
Market Cap C$ 22,169,344
Recent Sedar+ Documents

Futuregen buys Palantir, Redwood, Rocket Lab shares

2026-03-23 02:54 ET - News Release

Also News Release (C-AIRX) Redwood AI Corp

Mr. Kristian Thorlund of Futuregen reports

FUTUREGEN INDUSTRIES ANNOUNCES OPEN MARKET INVESTMENTS

Futuregen Industries Corp. has made open market purchases of publicly traded securities of Palantir Technologies Inc., Redwood AI Corp. and Rocket Lab Corp.

The aggregate consideration for the investments was approximately $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 is a publicly traded software company listed on Nasdaq Stock Market that develops data analytics and artificial intelligence platforms for government and commercial customers. As described on its website, Palantir has principal software platforms that include Gotham, Foundry and Apollo and the artificial intelligence platform. The company's software is used in sectors including government, defence, health care and commercial enterprise.

Redwood AI 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, 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 defence and public safety contexts.

Rocket Lab is a publicly traded space company listed on 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 Feb. 27, 2026, Rocket Lab's launch portfolio includes the Electron launch vehicle and the Haste suborbital launch vehicle, and the company is also developing the Neutron launch vehicle. Public disclosures also indicate that Rocket Lab supplies spacecraft and satellite components for commercial, civil and national security missions.

The company continues to evaluate investment opportunities in accordance with its business objectives. The company notes that publicly available industry reports project continued growth in several of the sectors in which the investee issuers operate. According to publicly available industry reports, the global artificial intelligence market was valued at approximately $390.91-billion (U.S.) in 2025 and is projected to reach $3,497.26-billion (U.S.) by 2033 while the global artificial intelligence in drug discovery market is projected to reach approximately $9.17-billion (U.S.) by 2030. In addition, the global space launch service market is projected to reach $41.31-billion (U.S.) by 2030.

About Futuregen Industries Corp.

Futuregen is a Canadian venture capital, investment and advisory firm that strives to actively drive innovation and accelerate growth for its shareholders. Futuregen invests capital into private and public companies that offer excellent growth opportunities.

We seek Safe Harbor.

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