Sofant Technologies | April 29, 2021
Sofant Technologies has finished a follow-on raise money of £740,000 in an oversubscribed top-up financing round drove by funding financial backer EMV Capital.
They raise support expands on a year ago's £2.3m pre-arrangement A round for the Edinburgh-based 5G and satellite interchanges receiving wire engineer. Cooperation in the round included key existing financial backers, including Kelvin Capital and the Scottish Investment Bank.
Reflecting solid developments throughout the year, the financing round incorporates a cost for every offer inspires of 40% in under one year since its last speculation round in July 2020.
Sofant is at present profiting from a worldwide rush of speculation to overhaul broadband satellite correspondence frameworks. The organization likewise hopes to profit by the rollout of high band 5G networks across the UK and the remainder of the world. It intends to utilize this new subsidizing to grow its group, as the organization speeds up its framework combination with satellite network administrators and other last clients.
Sofant is the UK's chief in radio recurrence microelectromechanical frameworks (RF MEMS)- based receiving wires for satellite and 5G telecoms frameworks. The organization's exclusive, profoundly proficient licensed radio technology stage furnishes the UK and Europe with a local, industry-driving technology answer for a few significant difficulties confronting remote correspondence frameworks. In satellite interchanges and 5G, its technology lessens the force utilization of electronically filtered radio wire exhibits by over 70%, with lower creation and upkeep costs contrasted with other arising arrangements.
Since the 2020 venture round, Sofant has created developing industry acknowledgment, with help from worldwide makers and development accomplices. Sofant has as of late employed a CFO to help them scale-up up business exercises inside the business.
Among Sofant's development programs are model receiving wire clusters subsidized by the European Space Agency.
EMV Capital is a funding financial backer zeroed in on B2B organizations in the healthcare, supportability, and industrials areas. EMVC's interests in UK, Israel, and the US cover a scope of advances including mechanical technology and AI, AI, materials science, IoT, progressed designing, powerful hardware, and wellbeing tech.
Sofant CEO David Wither said,
"Our designing group keeps on gaining huge headway on the development of our center technology stage. We have additionally gained incredible headway in the development of a biological system of corporate accomplices who will assume key parts in the commercialization of Sofant's problematic, low-power radio wire technology. "This top-up venture will assist the organization with finishing a few activities in front of our forthcoming arrangement A subsidizing round."
Dr. Ilian Iliev, Managing Director of EMV Capital remarked, "Since our underlying venture, we have seen the Sofant group gain fast headway in this deliberately essential technology for the UK's telecoms area."
"In the outcome of COVID-19, store network solidification and key unwavering quality have become a critical need for Western governments. Sofant is very much situated to give this local, solid accomplice in building protected, dependable, and quick network frameworks."
About Sofant Technologies
Sofant Technologies is a main edge radio technology organization situated in Edinburgh. The organization is applying its restrictive RF MEMS technology to build up a very low force, a minimal effort stage that takes care of force utilization and warmth issues in 5G and satellite interchanges radio wire frameworks. Sofant utilizes a fabless semiconductor plan of action which empowers it to use since a long time ago settled high volume, ease creation techniques. This positions Sofant to offer its clients game-changing execution with ensured adaptability and minimal effort.
About EMV Capital
EMV Capital Ltd (EMVC) is a London-put-together Honor-winning financial backer centered with respect to B2B organizations in the healthcare, maintainability, and industrials areas. EMVC's interests in UK, Israel, and the US cover a scope of advances including mechanical technology and AI, AI, materials science, IoT, progressed designing, power gadgets, and Health-Tech. EMVC's model is to build up a redid venture system for each organization, joining its network of financial backers from Family Offices, Wealth Managers, Institutional VC financial backers, and Corporate VC reserves. EMVC perceives the advantages of corporate commitment for beginning phase technology organizations, with EMVC's group having driven and organized speculations close by a portion of the world's driving enterprises. Where fitting, EMVC can help organizations quickly track their speculation preparation through its environment of counselors and specialist co-ops.
Monogoto | December 23, 2021
Monogoto, the cloud-based global cellular connectivity provider, is pleased to welcome CBRSense™ into its network. CBRSense™ is the first multi-purpose low-power IoT sensor that communicates over private networks.
Monogoto partnered with SODAQ, an IoT hardware company that specializes in developing IoT solutions and Sequans Communications S.A. ,a leading provider of cellular IoT chips and modules for massive and broadband IoT - to build CBRSense™.
The integration of a low-power, battery operated IoT sensor to the CBRS network introduces a step-change in the range of devices which were previously unsupported. CBRSense™ opens a world of possibilities to multiple industries that have decided to choose CBRS as a network. Compared to what is currently on the market, the new low-cost sensor can be run from any location and enjoys a long-life cycle of more than a year.
This successful collaboration began when Sequans strategically allowed low-power modems into CBRS networks, enabling SODAQ's sensors to integrate with private networks.
CBRS (citizens broadband radio service) refers to a spectrum block at 3.5 GHz, allocated by the FCC for public use. This provides enterprises with an efficient way to build their own private LTE networks. For meaningful CBRS growth to occur, network capabilities require further development, which in turn will lead to more use cases.
The future of 5G development depends on different use cases within the same network (network slicing). CBRSense™ demonstrates use cases for the CBRS network that was previously dominated by high-speed CAT 12 CPE's and UE use cases.
Monogoto CEO, Itamar Kunik states: 'We are very pleased to be the first network capable of hosting such a wide array of low-power devices. Our partnership with SODAQ and Sequans was a true collaboration in every sense allowing us to drive this innovation into the CBRS ecosystem'.
The three companies will be exhibiting at the upcoming Consumer Electronics Show (CES) from January 5-8, 2022, offering a first glimpse of their innovative technology.
Monogoto provides global, Internet of Things (IoT) and machine-to-machine (M2M) connectivity using powerful APIs that enable enterprises and developers to design, build, manage, control and scale their IoT applications quickly and securely. Enterprises use the Monogoto platform to connect and control cellular-based sensors and devices, such as point of sales, ATMs, wearables, smart lights, fleets of cars and packages, and leverage its APIs to provide enhanced flexibility and capabilities like cybersecurity, procurement, and IT management. Visit Monogoto online at www.monogoto.io
Sequans Communications S.A. is a leading developer and provider of cellular IoT connectivity solutions for massive and broadband IoT. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications.
SODAQ is an innovative IoT company that is rapidly expanding throughout the world due to its high-quality NB-IoT, LTE-M, and LoRa boards. SODAQ has always been at the forefront of the rapidly changing world of the 'Internet of Things' and is specialized in scalable and efficient hardware and software to empower businesses in all sorts of industries and budget ranges. SODAQ develops hardware solutions that are compatible with many existing modules and systems allowing for seamless integration with existing products on the market.
businesswire | December 17, 2020
Spirent Communications plc (LSE:SPT), the main supplier of test, confirmation, and investigation answers for cutting edge gadgets and organizations, today declared that it has given its industry-driving 5G center organization testing arrangement Spirent Landslide to Dialog Axiata, Sri Lanka's biggest versatile administrator.
Discourse Axiata as of late showed a completely principles based 5G versatile help, incorporating 5G organization framework with 5G gadgets, and picked Spirent Landslide for its 5G center organization testing to guarantee execution of the new administrations. Spirent Landslide imitates 5G gadgets and organization capacities to approve new 5G portable and center hubs, guaranteeing availability to convey great 5G administrations.
To enlarge its field testing and investigation, Dialog Axiata has likewise conveyed a few other driving Spirent arrangements, including TestCenter and Avalanche, while Spirent CloudSure will give bits of knowledge into Network Functions Virtualization (NFV) and cloud framework execution. This will empower Dialog Axiata to convey anticipated Quality of Experience (QoE) to end clients and guarantee effective 5G and SD-WAN organizations that receive greatest rewards from its virtualized surroundings.
Productive execution of 5G center organizations is foremost for the conveyance of new 5G administrations. This is driving administrators to assist practical and credible framework testing that can imitate true conditions, crossing a scope of organization components and complex techniques, while meeting higher soundness and perseverance prerequisites. Spirent is working intimately with Dialog Axiata in all parts of its 5G center organization testing to help quicken sending and turn out.