NTN

AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

Retrieved on: 
Friday, March 29, 2024
LEO, MEO, Communication, AKOM, Aerospace, Telecommunications, BCA, Boeing, Low Earth orbit, Aviation, Private sector, HEO, Business analyst, NTN, Earnout, Unmanned aerial vehicle, OTCQX, Data-rate units, Annual report, PIPE, GEO, Defense, Communications satellite

SILICON VALLEY, Calif., March 29, 2024 (GLOBE NEWSWIRE) -- AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, “AERKOMM”), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp (Nasdaq: IXAQU, “IXAQ”), a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement (“BCA”) and raised US $35 million in a private placement.

Key Points: 
  • Adjusted enterprise value of AERKOMM is US $200 million, as well as up to US $200 million of earnout shares for the AERKOMM shareholders, if certain milestones are achieved.
  • Transaction supported by a fund-raise of US $35 million common equity PIPE (Private Investment in Public Equity) subscribed concurrently with the signing of the BCA.
  • There may be more capital raised prior to the business combination, but there is no minimum cash condition for the transaction.
  • AERKOMM is developing partnerships with both public and private sector clients that have increasing demands for multi-beam and multi-orbit satellite communications solutions.

Quectel Introduces Versatile BG95-S5 NTN Satellite Communication Module

Retrieved on: 
Tuesday, April 9, 2024
Telecommunications, Satellite, Software, Internet, Technology, IOT (Internet of Things), Mobile, Wireless, Security, GSM, Temperature, LTE-M, Communication, Internet of things, 3GPP, Sale, NTN, VEX, SMT, CSO, Multimedia, M2M, GNSS

Embedded World - Quectel Wireless Solutions, a global IoT solutions provider, today announces the launch of the Quectel BG95-S5 3GPP non-terrestrial network (NTN) satellite communication module.

Key Points: 
  • Embedded World - Quectel Wireless Solutions, a global IoT solutions provider, today announces the launch of the Quectel BG95-S5 3GPP non-terrestrial network (NTN) satellite communication module.
  • The module supports 3GPP Release 17 IoT-NTN in the S and L band frequencies for satellite communications.
  • View the full release here: https://www.businesswire.com/news/home/20240409149898/en/
    Quectel introduces versatile BG95-S5 NTN satellite communication module (Photo: Business Wire)
    With a cost-effective SMT form factor measuring 23.6 mm × 19.9 mm × 2.2 mm, the BG95-S5 is ideal for space constrained use cases that need to be able to access multiple types of network technology.
  • With NTN satellite communication growing in popularity as constellations are built, having the capability to connect via NTN, cellular and GNSS offers significant flexibility for designers.

Innominds collaborates with Qualcomm to accelerate Enterprise Digital Transformation

Retrieved on: 
Tuesday, April 9, 2024
Qualcomm, Environmental monitoring, POS, Communication, M.2, Internet of things, SAN, Business development, Edge, Enterprise, NTN, AWS, Modem, Cognition, Automation, Som

SAN JOSE, Calif., April 9, 2024 /PRNewswire/ -- Innominds, a leader in edge orchestration, proudly announces the availability of iDhi, which is an enterprise and industrial IoT Edge Compute box. This Edge AI Platform is built around the Innominds ISQ5165/ISQ8250 small-form-factor System on Modules (SoM), which is powered by the Qualcomm® QRB5165/QCS8250 processors of Qualcomm Technologies, Inc., and can provide up to 15 TOPS of compute. Moreover, the Edge AI platform can now accommodate multiple M.2 slots for integrating AI accelerator modules, thereby enhancing its capability to handle industrial and enterprise workloads.

Key Points: 
  • High-compute Edge AI Platform, Sensor Gateway Device and NB-IoT Solutions based on Qualcomm® processors powering digital transformation for enterprises.
  • This Edge AI Platform is built around the Innominds ISQ5165/ISQ8250 small-form-factor System on Modules (SoM), which is powered by the Qualcomm® QRB5165/QCS8250 processors of Qualcomm Technologies, Inc., and can provide up to 15 TOPS of compute.
  • "As companies worldwide embrace digital transformation, Innominds, with its chip-to-cloud solutions and cognition platforms powered in part by Qualcomm Technologies' cutting-edge processors, is helping drive global digital transformation and innovation in enterprise and industrial IoT deployments," said Dev Singh, Vice President, Business Development and Head of Building, Enterprise & Industrial Automation, Qualcomm Technologies, Inc. "We are excited to collaborate with Innominds to help accelerate enterprise solutions."
  • "Our collaboration with Qualcomm Technologies has helped us to play a pivotal role in enterprise digital transformation."

Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IV

Retrieved on: 
Tuesday, March 19, 2024
Cloud, Satellite, NTN, Marketing, Investment, Television

PETAH TIKVA, Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today its Cloud and 5G NTN evolution strategy to support Satellite Operators and service providers.

Key Points: 
  • PETAH TIKVA, Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today its Cloud and 5G NTN evolution strategy to support Satellite Operators and service providers.
  • “The satellite communications industry is moving towards digital transformation with the impending shift to Cloud and 5G Non-Terrestrial Networks (NTN).
  • “As we embark on this exciting journey, it's crucial to focus on efficiency, adaptability, and strategic evolution.
  • “The platform already supports multi-orbit operation and VHTS and enables steady evolution to Cloud and 5G NTN.”
    Gilat is participating in Satellite Show 2024 this week in Washington DC.

Aramco and GCT Semiconductor Holding, Inc. Sign MOU to Accelerate the Development of the 4G and 5G Ecosystem in Saudi Arabia

Retrieved on: 
Friday, April 5, 2024
Technology, Mobile, Wireless, Semiconductor, 5G, Networks, Internet, Hardware, IOT (Internet of Things), Consumer Electronics, GCTS, LTE, Internet of things, NTN, MOU, Saudi Aramco, Mobile phone

Aramco has signed a Memorandum of Understanding (MOU) with GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, setting the stage for a strategic collaboration that would further develop the 4G/5G ecosystem in Saudi Arabia for both mission-critical and public safety networks.

Key Points: 
  • Aramco has signed a Memorandum of Understanding (MOU) with GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, setting the stage for a strategic collaboration that would further develop the 4G/5G ecosystem in Saudi Arabia for both mission-critical and public safety networks.
  • The collaboration aims to design and co-develop chipsets and modules tailored for LTE, 5G and the NTN spectrum in order to support the localization of wireless end-user devices and IoT manufacturing throughout the Kingdom.
  • “We look forward to working with Aramco and leveraging our advanced 4G and 5G capabilities with future-focused AI-driven modem features to help develop the local ecosystem and provide reliable and fast communication for their key applications in Saudi Arabia and the broader region,” said John Schlaefer, CEO of GCT Semiconductor, Inc.

Semtech Elevates Global IoT Connectivity with HL78 Modules Enhanced by NTN Capabilities

Retrieved on: 
Wednesday, March 27, 2024
Carriers and Services, Mobile, Wireless, Networks, Hardware, IOT (Internet of Things), Technology, Semiconductor, Satellite, Maritime, Transport, Logistics, Supply Chain Management, Telecommunications, LPWA, Certification, Semtech, Entrepreneurship, Communication, Partnership, Internet of things, Corporation, SIM, NTN, Narrowband IoT, Safety, NB, Multimedia, HL, Mobile phone

This significant advancement showcases a major leap forward in enabling uninterrupted global connectivity even amidst the most challenging conditions.

Key Points: 
  • This significant advancement showcases a major leap forward in enabling uninterrupted global connectivity even amidst the most challenging conditions.
  • Semtech’s LPWA HL78 modules, now upgraded with NTN support via a straightforward software update, enable devices to maintain dependable global connectivity through satellite networks, supporting continuous connection even in the most isolated regions.
  • Semtech has partnered with Skylo, a pioneer in offering satellite over cellular services, to integrate NTN capabilities into its HL series modules.
  • Semtech invites you to join us at embedded world (9 - 11 April 2024) to learn more about our NTN support and the extensive capabilities of our HL78 modules.

Keysight and Capgemini Validate 5G New Radio RAN Solution for Non-Terrestrial Networks

Retrieved on: 
Wednesday, March 20, 2024
IOT (Internet of Things), Satellite, Technology, Telecommunications, 5G, Networks, Internet, LEO, SATCOM, Internet of things, UES, Mobile World Congress, Mobile, NTN, Radio, RAN, Communications satellite

The validation is based on 3GPP Release 17 standards which includes significant enhancements to several radio access network functionalities.

Key Points: 
  • The validation is based on 3GPP Release 17 standards which includes significant enhancements to several radio access network functionalities.
  • In the context of NTN, 5G radio access network (RAN) gNodeB base stations continue to play a crucial role, especially in satellite-based communication systems.
  • Capgemini validated its 5G NR gNodeB feature using Keysight’s UeSim Emulation RAN solution, which emulates NTN enabled user devices, and Keysight’s Propsim solution , which emulates satellite conditions such as delay and doppler shift.
  • By working closely with partners such as Capgemini, Keysight is helping to accelerate Open RAN deployments for non-terrestrial networks.”

MarketAxess Announces First Casada Trade Via RFQ

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Finance, Long time no see, MarketAxess, Liver function tests, RFQ, NTN, ADV, LATAM, Market, Emerging market, Security (finance)

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the first client Casada trade executed via Request-for-Quote (RFQ) protocol on their Emerging Markets (EM) platform, with Safra as the buyside client.

Key Points: 
  • MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the first client Casada trade executed via Request-for-Quote (RFQ) protocol on their Emerging Markets (EM) platform, with Safra as the buyside client.
  • MarketAxess now provides trading in the complete spectrum of Brazilian sovereign debt instruments – including LFTs, LTNs, NTN-Fs and NTN-Bs.
  • As the dominant protocol for fixed income electronic trading globally, the introduction of trading Casada via RFQ by MarketAxess supports greater liquidity discovery for local and international investors trading Brazilian debt strategies.
  • “We are extremely proud that we were able to support the first-ever Casada trade via RFQ,” said Maria Calderon, Head of Latin America Sales at MarketAxess.

Cellular IoT and Low-power Wide-area Network (LPWAN) Modules Adapts to 5G and Non-Terrestrial Innovations, 2023 Research Study with Forecasts to 2026

Retrieved on: 
Friday, March 29, 2024
LoRa, Electricity, LPWAN, Health, Internet of things, COVID-19, NTN, Water, Traction, LTE-M, NB, Amazon Sidewalk, Redcap, Mobile phone

DUBLIN, March 29, 2024 /PRNewswire/ -- The "Cellular IoT and Low-power Wide-area Network (LPWAN) Modules Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 29, 2024 /PRNewswire/ -- The "Cellular IoT and Low-power Wide-area Network (LPWAN) Modules Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • This study analyzes the global cellular and LPWAN module market in terms of module shipment, with the forecast period running from 2023 to 2026.
  • The study also estimates total module shipment by type of technology and the cellular IoT and LPWAN share for 2022.
  • 5G and LTE-M modules for wearables, healthcare, and remote monitoring
    LoRaWAN for smart metering (gas, water, and electricity)
    Why is it Increasingly Difficult to Grow?

AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

Retrieved on: 
Friday, March 29, 2024
LEO, MEO, Communication, AKOM, Aerospace, Telecommunications, BCA, Boeing, Low Earth orbit, Aviation, Private sector, HEO, Business analyst, NTN, Earnout, Unmanned aerial vehicle, OTCQX, Data-rate units, Annual report, PIPE, GEO, Defense, Communications satellite

Adjusted enterprise value of AERKOMM is US $200 million, as well as up to US $200 million of earnout shares for the AERKOMM shareholders, if certain milestones are achieved.

Key Points: 
  • Adjusted enterprise value of AERKOMM is US $200 million, as well as up to US $200 million of earnout shares for the AERKOMM shareholders, if certain milestones are achieved.
  • Transaction supported by a fund-raise of US $35 million common equity PIPE (Private Investment in Public Equity) subscribed concurrently with the signing of the BCA.
  • There may be more capital raised prior to the business combination, but there is no minimum cash condition for the transaction.
  • AERKOMM is developing partnerships with both public and private sector clients that have increasing demands for multi-beam and multi-orbit satellite communications solutions.