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Positron Corporation Secures $2 Million Line of Credit

PUBLIC · POSCAug 13, 2026•6 days ago

Amount Raised

$2 Million

Round Type

Funding Round

RenoBiotechnologyHardwareHealth CareArtificial Intelligence

Investors

George Ortiz

Description

On August 13, 2026, Positron Corporation entered into a Line of Credit Agreement with affiliated investor George Ortiz. The agreement allows for a maximum principal amount of $2 million, with the company able to draw up to $500,000 per quarter. Repayments can be reborrowed under specific terms, providing the company with flexible funding.

Company Information

Company

Positron

Location

Reno, Nevada, United States

About

Positron AI is transforming generative AI inference with energy-efficient, high-performance compute systems built entirely in the United States. Headquartered in Reno, Nevada, with a remote-first team distributed across the country, Positron’s unique hardware architecture offers the lowest total cost of ownership for transformer models by solving the power, memory, and scalability bottlenecks of legacy infrastructure.

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