Airgain Secures Tier 1 MNO Indoor FWA Antenna Design Win
2023年11月14日 - 10:30PM
ビジネスワイヤ(英語)
Deal worth several million dollars per year
in revenue signals consumer adoption of wireless broadband and
shift towards Fixed Wireless Access for last mile
connection
Airgain, Inc. (NASDAQ: AIRG), a leading provider of
wireless connectivity solutions that creates and delivers embedded
components, external antennas, and integrated systems across the
globe, announced that it has been selected by a major Tier 1 Mobile
Network Operator (MNO) in North America to supply its next
generation antennas for its indoor fixed wireless (FWA) deployment.
The selection comes amid ongoing consumer shifts away from
traditional, wired broadband to wireless as more major telecom
providers offer broadband internet access as part of their bundled
offerings. The deal is worth several million dollars per year and
is expected to begin shipments in Q1, 2024.
As consumers continue to cut the cord for broadband and
broadcast entertainment, demand continues to shift from wired to
wireless providers for internet service. Spotting this trend,
Airgain has focused its strategy on penetrating this growing
market, which offers an increase in average selling price, due to
the complexity and number of antennas required. Airgain has
invested heavily in its next generation WiFi 7 capabilities and
combines expertise in WiFi, 5G and FWA to deliver superior RF
performance in this device.
“Service providers are on the cusp of a major transition from
WiFi 6E to WiFi 7,” said Jacob Suen, CEO of Airgain. “While this is
happening, consumers are deciding between wired and wireless
broadband for their home and offices. Airgain is positioned well to
support existing cable and fiber operators with their customer
premises equipment, or CPEs, while taking advantage of the growth
in wireless broadband because of our relationships with the MNOs.
We are very pleased to have received the initial purchase order for
this significant indoor FWA design win from a major North America
operator. Our goal is to simplify wireless connectivity for our
partners and their customers while delivering the best possible
performance. This is the reason major operators continue to choose
Airgain.”
About Airgain, Inc.
Airgain simplifies wireless connectivity across a diverse set of
devices and markets, from solving complex connectivity issues to
speeding time to market to enhancing wireless signals. Our products
are offered in three distinct sub-brands: Airgain Embedded, Airgain
Integrated and Airgain Antenna+. Our mission is to connect the
world by making wireless simple. Airgain's expertise in custom
cellular and antenna system design pairs with our focus on
high-growth technologies and our dedication to simplify the growing
complexity of wireless. With a broad portfolio of products across
the value chain, from embedded components to fully integrated
products, we are equipped to solve critical connectivity needs in
both the design process and the operating environment across the
enterprise, automotive, and consumer markets. Airgain is
headquartered in San Diego, California. For more information, visit
airgain.com, or follow Airgain on LinkedIn and Twitter.
Airgain and the Airgain logo are trademarks, or registered
trademarks of Airgain, Inc. All other trademarks are the property
of their respective owner.
Forward-Looking Statements
Airgain cautions you that statements in this press release that
are not a description of historical facts are forward-looking
statements. These statements are based on the company’s current
beliefs and expectations. These forward-looking statements include
statements regarding the expected outcomes of the development, time
to market, the performance of, and market for, Airgain’s products
or those of its partners; the growth of the EV charging market and
the importance of connectivity in connection with that growth; and
the ability to create solutions that are cost effective and meet
the needs of customers, as well as their acceptance by the market.
The inclusion of forward-looking statements should not be regarded
as a representation by Airgain that any of our plans will be
achieved. Actual results may differ from those set forth in this
press release due to the risk and uncertainties inherent in our
business, including, without limitation: the market for our
products is developing and may not develop as we expect; risks
associated with the performance of our products, including bundled
solutions with third-party products; if our channel partners fail
to perform, or our partnerships are unsuccessful, we may not be
able to bring our product solutions to market successfully or on a
timely basis; our products are subject to intense competition, and
competitive pressures from existing and new companies may harm our
business, sales, growth rates and market share; the COVID-19
pandemic, global supply chain constraints and rising interest rates
and inflation may continue to disrupt and otherwise adversely
affect our operations and those of our suppliers, partners,
distributors and ultimate end customers; risks associated with any
regulatory approvals that may be required; risks associated with
quality and timing in manufacturing our products and our reliance
on third- party manufacturers; we may not be able to maintain
strategic collaborations under which our bundled solutions are
offered; if we cannot protect our intellectual property rights, our
competitive position could be harmed or we could incur significant
expenses to enforce our rights; and other risks described in our
prior press releases and in our filings with the Securities and
Exchange Commission, including under the heading "Risk Factors" in
our Annual Report on Form 10-K and any subsequent filings with the
SEC. You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof,
and we undertake no obligation to revise or update this press
release to reflect events or circumstances after the date hereof.
All forward-looking statements are qualified in their entirety by
this cautionary statement, which is made under the safe harbor
provisions of the Private Securities Litigation Reform Act of
1995.
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version on businesswire.com: https://www.businesswire.com/news/home/20231114393041/en/
Airgain Media Contact Marco Ceglie +1 602 245 6212
mcegliex@airgain.com
Airgain (NASDAQ:AIRG)
過去 株価チャート
から 4 2024 まで 5 2024
Airgain (NASDAQ:AIRG)
過去 株価チャート
から 5 2023 まで 5 2024