Digital Locations Extends Its Agreement with Florida International University (FIU) to Continue Satenna™ Research

Rhea-AI Summary

Digital Locations announced an extension of its research agreement with Florida International University (FIU) to continue developing Satenna™, a technology designed to deliver high-speed Internet from satellites directly to smartphones. Over the past year, significant progress has been made in this collaborative effort.

Digital Locations CEO Rich Berliner expressed confidence in the FIU team and their strategy, anticipating that Satenna™ will become an essential solution for unserved and underserved markets globally. The research, conducted within FIU's Department of Electrical and Computer Engineering, involves a diverse team of professors, graduate students, undergraduate students, and research assistants.

FIU, based in Miami, is a leading public university recognized for its contributions to public good and academic excellence. This extended agreement aims to maintain the momentum toward demonstrating Satenna™'s capabilities.

Positive

• Extension of research agreement with FIU ensures continuous development of Satenna™.
• Significant progress reported in developing technology to provide high-speed Internet from satellites to smartphones.
• CEO Rich Berliner expresses strong confidence in FIU's strategy and team.
• FIU is a highly ranked public university, enhancing the credibility of the research partnership.
• Research conducted by a well-rounded team of professors, graduate students, undergraduate students, and research assistants.

Negative

• No specific milestones, timelines, or achievements from the past year are detailed in the PR.
• Potential risks if the research does not lead to a viable commercial product.
• Continued reliance on an academic institution may raise concerns about the speed and efficiency of development.

Working together during the last year, the Company and FIU have achieved remarkable progress toward the goal of demonstrating a breakthrough technology to deliver high-speed Internet from satellites directly to smartphones

SANTA BARBARA, CA, May 29, 2024 (GLOBE NEWSWIRE) -- Digital Locations, Inc. (OTCMKTS:DLOC), the developer of Satenna^™, a breakthrough technology that will deliver high-speed Internet from satellites directly to smartphones all over the world, today announced that it has extended its research agreement with Florida International University (FIU) to continue the Satenna^™ research that it began a year ago.

“I am extremely pleased with the progress that FIU has made in the development of Satenna^™, said Digital Locations CEO Rich Berliner. “I believe that continuing this partnership is the most certain way of bringing our breakthrough technology to the marketplace. I have every confidence that the terrific team at FIU and the strategy that they have developed will turn Satenna^™ into a “must have” solution for unserved and underserved markets around the world”.

Florida International University, located in Miami, is the eighth largest public university in the country by enrollment and U.S. News and World Report places dozens of FIU programs among the best in the nation. Washington Monthly Magazine ranks FIU among the top 20 public universities contributing to the public good.

The Digital Locations research is being carried out within the FIU Department of Electrical and Computer Engineering (ECE) which encompasses a broad range of research and educational interests. The research team assigned to the Satenna^™ project consists of an impressive group of professors, graduate students, undergraduate students, and research assistants.

Mr. Berliner concluded, “As we push towards a demonstration of our breakthrough technology, it is imperative that we keep the research team fully engaged and focused on a successful outcome. The extension of our agreement provides for that.”

About Digital Locations, Inc.

Digital Locations, Inc., is the developer of Satenna^™, a breakthrough technology that will deliver high-speed Internet from satellites directly to smartphones all over the world. Today, high-speed Internet (also known as broadband Internet) is only available in densely populated areas around the world. The rest of the world is still waiting. Elon Musk (SpaceX), Jeff Bezos (Blue Origin), and others are launching thousands of Low Earth Orbit (LEO) satellites. Unfortunately, without the use of additional equipment, the technology does not yet exist that will allow these satellites to deliver high-speed Internet directly to smartphones. Solving this problem represents an extraordinary business opportunity. Working with a research team from Florida International University, we are developing a truly disruptive technology that will finally make it possible for the wireless industry to offer high-speed Internet service from satellites directly to smartphones anywhere in the world, indoors and outdoors with no dead zones and no cell towers. Anyone, anywhere, regardless of location, economic status, race, or gender will be able to access high-speed Internet service and benefit from remote learning, health care, government services, telework, participation in public affairs, and even Netflix, Amazon, and much, much more.

To learn more about Digital Locations please visit www.digitallocations.com

Safe Harbor Statement

This press release may contain “forward-looking statements.” Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise, except as may be required under applicable law.

Press Contact:
communications@digitallocations.com
(805) 456-7000

FAQ

What is Digital Locations' Satenna™ technology?

Satenna™ is a breakthrough technology developed by Digital Locations to deliver high-speed Internet from satellites directly to smartphones.

What recent development has Digital Locations announced regarding Satenna™?

Digital Locations has extended its research agreement with Florida International University (FIU) to continue developing Satenna™.

How has the collaboration between Digital Locations and FIU progressed?

Over the past year, the collaboration has made significant progress in developing the Satenna™ technology to deliver high-speed Internet from satellites to smartphones.

What is the significance of extending the agreement with FIU for Digital Locations?

Extending the agreement ensures the continued development of Satenna™, potentially turning it into a important solution for unserved and underserved markets worldwide.

Who is involved in the Satenna™ research project at FIU?

The Satenna™ research team at FIU includes professors, graduate students, undergraduate students, and research assistants from the Department of Electrical and Computer Engineering.

Why is FIU a suitable partner for Digital Locations' research?

FIU is a top-ranked public university with a strong focus on research and public good, contributing to the credibility and potential success of the Satenna™ project.

What are the potential markets for Satenna™ technology?

Satenna™ aims to serve unserved and underserved markets around the world by providing high-speed Internet access directly to smartphones.