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Edgewater Wireless Provides Corporate Update

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Edgewater Wireless Systems (OTC: KPIFF), the Wi-Fi Spectrum Slicing technology leader, has outlined three major initiatives for the next 6 months: advancing silicon production for their Wi-Fi Spectrum Slicing solution, launching an IIoT access point solution, and expanding their IP portfolio.

The company recently raised nearly $2M through an oversubscribed private placement and has been selected to present at the 2025 CableLabs Winter Conference. They have joined the Arm® Flexible Access program and partnered with Silicon Catalyst, appointing Nick Kepler as Board Observer to accelerate commercialization.

Edgewater's next-generation silicon solutions are on track for delivery in first half of 2025, with successful commercial pilots of their Wi-Fi Spectrum Slicing powered access point solutions deployed since late 2024. The company has strategically chosen North American-based fabrication to mitigate trade tension impacts.

Edgewater Wireless Systems (OTC: KPIFF), leader nella tecnologia Wi-Fi Spectrum Slicing, ha delineato tre iniziative principali per i prossimi 6 mesi: avanzare nella produzione di silicio per la loro soluzione di Wi-Fi Spectrum Slicing, lanciare una soluzione di access point IIoT e ampliare il loro portafoglio di proprietà intellettuale.

Recentemente, l'azienda ha raccolto quasi 2 milioni di dollari tramite un collocamento privato sovrascritto ed è stata selezionata per presentare alla 2025 CableLabs Winter Conference. Hanno aderito al programma Arm® Flexible Access e hanno collaborato con Silicon Catalyst, nominando Nick Kepler come Osservatore del Consiglio per accelerare la commercializzazione.

Le soluzioni di silicio di nuova generazione di Edgewater sono in programma per la consegna nella prima metà del 2025, con piloti commerciali di successo delle loro soluzioni di access point alimentate da Wi-Fi Spectrum Slicing implementate dalla fine del 2024. L'azienda ha scelto strategicamente la fabbricazione basata in Nord America per mitigare l'impatto delle tensioni commerciali.

Edgewater Wireless Systems (OTC: KPIFF), líder en tecnología de Wi-Fi Spectrum Slicing, ha delineado tres iniciativas principales para los próximos 6 meses: avanzar en la producción de silicio para su solución de Wi-Fi Spectrum Slicing, lanzar una solución de punto de acceso IIoT y expandir su cartera de propiedad intelectual.

Recientemente, la empresa recaudó casi $2 millones a través de una colocación privada sobre suscrita y ha sido seleccionada para presentar en la 2025 CableLabs Winter Conference. Se han unido al programa Arm® Flexible Access y han colaborado con Silicon Catalyst, nombrando a Nick Kepler como Observador de la Junta para acelerar la comercialización.

Las soluciones de silicio de próxima generación de Edgewater están en camino de ser entregadas en la primera mitad de 2025, con pilotos comerciales exitosos de sus soluciones de puntos de acceso impulsadas por Wi-Fi Spectrum Slicing implementadas desde finales de 2024. La empresa ha elegido estratégicamente la fabricación en América del Norte para mitigar los impactos de las tensiones comerciales.

엣지워터 무선 시스템 (OTC: KPIFF), Wi-Fi 스펙트럼 슬라이싱 기술의 선두주자는 향후 6개월 동안의 주요 세 가지 이니셔티브를 설명했습니다: Wi-Fi 스펙트럼 슬라이싱 솔루션을 위한 실리콘 생산 진전, IIoT 액세스 포인트 솔루션 출시, 그리고 IP 포트폴리오 확장입니다.

회사는 최근 200만 달러에 가까운 자금을 초과 청약된 사모 배정을 통해 조달했으며, 2025 CableLabs Winter Conference에서 발표할 선택을 받았습니다. 그들은 Arm® Flexible Access 프로그램에 가입하고 Silicon Catalyst와 파트너십을 맺어 Nick Kepler를 이사회 관찰자로 임명하여 상용화를 가속화하고 있습니다.

엣지워터의 차세대 실리콘 솔루션은 2025년 상반기 배송을 목표로 하고 있으며, 2024년 말부터 배포된 Wi-Fi 스펙트럼 슬라이싱 기반 액세스 포인트 솔루션의 성공적인 상용 파일럿이 진행되고 있습니다. 회사는 무역 긴장 영향을 완화하기 위해 북미 기반의 제작을 전략적으로 선택했습니다.

Edgewater Wireless Systems (OTC: KPIFF), leader dans la technologie Wi-Fi Spectrum Slicing, a exposé trois initiatives majeures pour les 6 prochains mois : faire progresser la production de silicium pour leur solution de Wi-Fi Spectrum Slicing, lancer une solution de point d'accès IIoT et élargir leur portefeuille de propriété intellectuelle.

L'entreprise a récemment levé près de 2 millions de dollars grâce à une placement privé sursouscrit et a été sélectionnée pour présenter à la 2025 CableLabs Winter Conference. Ils ont rejoint le programme Arm® Flexible Access et se sont associés à Silicon Catalyst, nommant Nick Kepler comme Observateur du Conseil pour accélérer la commercialisation.

Les solutions de silicium de nouvelle génération d'Edgewater sont sur la bonne voie pour être livrées au cours du premier semestre 2025, avec des pilotes commerciaux réussis de leurs solutions de points d'accès alimentées par Wi-Fi Spectrum Slicing déployées depuis fin 2024. L'entreprise a stratégiquement choisi la fabrication basée en Amérique du Nord pour atténuer les impacts des tensions commerciales.

Edgewater Wireless Systems (OTC: KPIFF), führend in der Wi-Fi Spectrum Slicing Technologie, hat drei wichtige Initiativen für die nächsten 6 Monate skizziert: die Förderung der Siliziumproduktion für ihre Wi-Fi Spectrum Slicing Lösung, die Einführung einer IIoT-Zugangspunktlösung und die Erweiterung ihres IP-Portfolios.

Das Unternehmen hat kürzlich fast 2 Millionen Dollar durch eine überzeichnete Privatplatzierung gesammelt und wurde ausgewählt, um auf der 2025 CableLabs Winter Conference zu präsentieren. Sie sind dem Arm® Flexible Access-Programm beigetreten und haben mit Silicon Catalyst eine Partnerschaft geschlossen, wobei Nick Kepler als Board Observer ernannt wurde, um die Kommerzialisierung zu beschleunigen.

Die nächsten Siliziumlösungen von Edgewater sind auf Kurs für die Lieferung in der ersten Hälfte von 2025, mit erfolgreichen kommerziellen Pilotprojekten ihrer durch Wi-Fi Spectrum Slicing betriebenen Zugangspunktlösungen, die seit Ende 2024 implementiert sind. Das Unternehmen hat strategisch die nordamerikanische Fertigung gewählt, um die Auswirkungen von Handelskonflikten zu mildern.

Positive
  • Successfully raised nearly $2M through oversubscribed private placement
  • Multiple commercial pilots deployed since late 2024 showing performance benefits
  • Strategic North American-based fabrication choice avoiding international tariffs
  • On track for new silicon solution delivery in H1 2025
  • Secured partnership with Silicon Catalyst and its 60+ in-kind partners
Negative
  • None.

Highlights:

  • Edgewater to aggressively execute three high-impact initiatives in the next 6 months:
    • Advance silicon production - complete RF Front End packaging for its disruptive Wi-Fi Spectrum Slicing™ silicon solution
    • Launch and commercialize breakthrough Industrial Internet of Things (IIoT) Wi-Fi Spectrum Slicing-powered access point solution - delivering a transformative product that redefines connectivity in industrial environments
    • Expand intellectual property portfolio - forging strategic alliances and unlocking new revenue streams to maximize value
  • Silicon Catalyst in-kind partner network providing critical resources and support as we bring our next-generation silicon solutions to production

OTTAWA, Ontario & SILICON VALLEY, Calif.--(BUSINESS WIRE)-- Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets, is pleased to provide a corporate update highlighting our recent progress, strategy and plans for the year ahead.

Advancing the Future of Wi-Fi with Spectrum Slicing

Edgewater Wireless continues to drive innovation and redefine the future of Wi-Fi with our patented Wi-Fi Spectrum Slicing technology. Over the past 12 months, we have made significant strategic advancements, including several AI-related patent applications, strengthening our position as the leader in next-generation Wi-Fi innovation. Our vision is clear: to establish Wi-Fi Spectrum Slicing as the global standard, delivering unparalleled performance, efficiency, and scalability for the wireless world.

Industry Recognition & Thought Leadership

Reinforcing our position at the forefront of wireless technology innovation, Edgewater Wireless was selected to speak at the prestigious 2025 CableLabs Winter Conference. Our presentation, “Making Wi-Fi Smarter Through AI-Powered Spectrum Slicing,” revealed our initiatives to redefine the economics of Wi-Fi by empowering service providers with the next generation of intelligent edge devices.

Using our patented AI-enabled algorithms, we highlighted the standards-leading capabilities of our next-generation Wi-Fi silicon solutions and discussed the customer-driven feature enhancements of our MLX488 platform. Of particular interest, the presentation offered insights into the benefits of joining the Arm® Flexible Access program as the initiative grants access to cutting-edge Arm IP, allowing us to optimize Spectrum Slicing technology for next-generation Wi-Fi chipsets. By integrating AI-driven intelligence at the edge, we are paving the way for a more intelligent, efficient wireless ecosystem built on a foundation of increased in-band link or channel density.

Silicon Catalyst Incubator + Accelerator Program: Tapping world-renowned expertise & partnerships

Securing the backing of a Silicon Valley-based semiconductor-focused accelerator has provided a much-needed catalyst for Edgewater on multiple fronts.

Appointing Nick Kepler, Chief Operating Officer at Silicon Catalyst, as a Board Observer marks a pivotal step in advancing our silicon programs. Nick’s extensive semiconductor experience, including senior roles at AMD and Global Foundries, equips Edgewater with strategic insights to accelerate commercialization and capture significant market opportunities.

As COO of Silicon Catalyst, the leading incubator + accelerator for semiconductor startups, Nick has a proven track record of mentoring early-stage companies to success. His guidance is expected to enhance Edgewater's product development and market positioning, driving the adoption of its innovative Wi-Fi solutions.

Over the upcoming months, we look to expand our ties to other world-renowned experts.

Additionally, our growing relationships with several Silicon Catalyst in-kind partners provide critical resources and support as we bring our next-generation silicon solutions to production. Early initiatives to tap a globally recognized IP licensing partner have validated the benefits of our Silicon Catalyst relationship and emphasized the market potential for our next-generation silicon solutions. We are working closely with Silicon Catalyst to expand our relationship with the over 60 in-kind partners essential for bringing silicon to market. As we continue to scale, Silicon Catalyst will be instrumental in accelerating our journey toward mass adoption of Wi-Fi Spectrum Slicing and our next-generation silicon solutions.

Progress in Next-Generation Silicon & Commercial Demand

Leveraging our partner ecosystem, including select in-kind partners from the Silicon Catalyst ecosystem, Edgewater Wireless has made significant strides in producing our next-generation silicon solutions. We remain on track to deliver newly packaged silicon in the first half of 2025, marking an important milestone in our product roadmap.

Demand for our next-generation silicon in residential and enterprise applications continues to grow, alongside strong interest in our Wi-Fi Spectrum Slicing-powered Industrial Internet of Things (IIoT) access point solutions. The revolutionary Wi-Fi Spectrum Slicing powered access point solution has been successfully deployed in multiple commercial pilots since late 2024, demonstrating real-world performance benefits and reinforcing our leadership in next-generation wireless connectivity.

Successful Financing, Investor Confidence and Government Programs

Edgewater Wireless successfully completed an oversubscribed non-brokered private placement, raising nearly $2M. This milestone reflects strong investor confidence in our vision, technology, and execution strategy. The funds raised will be deployed to accelerate product development and expand strategic partnerships.

Efforts to access government programs continue, and they are increasingly focused on semiconductor-related programs. Engagement in these strategic government programs could be transformative, enhancing Edgewater’s ability to commercialize its next-generation semiconductor solutions. By leveraging available funding and industry resources, the company is positioned to drive technological advancements, expand its market footprint, and unlock significant value for shareholders – solidifying its position as a key player in the future of Wi-Fi.

Looking Ahead

Growing trade tensions validate our strategic decision to engage in key supply chain activities on-shore or near-shore. Our selection of a North American-based fabrication facility, or fab, puts us in a strong position to avoid the brunt of tariffs on our next-generation chips. Near-term efforts to package silicon are progressing well, and we anticipate engineering samples in the first half of this year.

Over the next six months, Edgewater Wireless will aggressively execute three high-impact initiatives to accelerate growth and drive industry leadership in next-generation wireless technology:

  • First, the company will advance silicon production, completing the packaging of RF Front Ends for its groundbreaking Wi-Fi Spectrum Slicing™ silicon solution—paving the way for unmatched performance and scalability.
  • Second, Edgewater will launch and commercialize its breakthrough Industrial Internet of Things (IIoT) Wi-Fi Spectrum Slicing-powered access point solution, delivering a transformative product redefining connectivity in industrial environments.
  • Third, the company will expand intellectual property portfolio, forging strategic alliances and unlocking new revenue streams to maximize value.

These bold initiatives will drive commercialization, fuel market expansion, and generate significant shareholder value as Edgewater cements its position at the forefront of Wi-Fi innovation.

As we continue to execute our strategic vision, Edgewater Wireless remains committed to revolutionizing Wi-Fi performance and cementing Wi-Fi Spectrum Slicing™ as the industry standard. With strong momentum, key partnerships, and an expanding leadership team, we are well-positioned to drive the future of wireless connectivity.

We look forward to sharing further updates as we build on this success and create exceptional value for our stakeholders.

About Edgewater Wireless
We make Wi-Fi. Better.
For everyone, everywhere.

Edgewater Wireless (edgewaterwireless.com) is the industry leader in innovative Spectrum Slicing technology, transforming Wi-Fi performance for residential and enterprise markets. Our advanced Wi-Fi silicon solutions, Access Points, and IP licensing deliver unparalleled economic value by enhancing network efficiency, reducing congestion, and improving quality of service for service providers and their customers. With 26 granted patents, Edgewater’s Multi-Channel, Spectrum Slicing technology is redefining the economics of Wi-Fi, enabling service providers to maximize their infrastructure investments while delivering next-generation performance today.

Edgewater’s physical layer Spectrum Slicing allows a frequency band to be divided or sliced, enabling more radios to operate efficiently within the same spectrum. Think of Spectrum Slicing like upgrading from a single-lane road to a multi-lane highway—dramatically increasing capacity and throughput, regardless of Wi-Fi technology. A recently completed Proof of Concept (PoC) with a major Tier 1 Service Provider demonstrated 7 to 18 times performance gains in 75% of homes surveyed, with the most significant improvements seen in homes with the highest device density. By optimizing spectrum usage, Spectrum Slicing enhances user experience and drives down operational costs, unlocking new revenue opportunities for service providers in residential and enterprise deployments.

For more information, visit edgewaterwireless.com.

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Although Edgewater Wireless believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Edgewater Wireless can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Edgewater Wireless’ actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Edgewater Wireless undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Edgewater Wireless Contacts:

Andrew Skafel, President and CEO

E: andrews@edgewaterwireless.com



Bill Mitoulas, Investor Relations

E: ir@edgewaterwireless.com

T: +1.416.479.9547

Source: Edgewater Wireless Systems Inc.

FAQ

What are the three main initiatives Edgewater Wireless (KPIFF) is pursuing in the next 6 months?

Edgewater will advance silicon production for Wi-Fi Spectrum Slicing, launch an IIoT access point solution, and expand their intellectual property portfolio.

How much funding did Edgewater Wireless (KPIFF) raise in their recent private placement?

Edgewater Wireless raised nearly $2M through an oversubscribed non-brokered private placement.

When will Edgewater Wireless (KPIFF) deliver their next-generation silicon solutions?

The company is on track to deliver newly packaged silicon in the first half of 2025.

What strategic partnership has Edgewater Wireless (KPIFF) secured for semiconductor development?

Edgewater partnered with Silicon Catalyst, a semiconductor-focused accelerator, appointing their COO Nick Kepler as Board Observer.

When did Edgewater Wireless (KPIFF) begin commercial pilots of their Wi-Fi Spectrum Slicing solution?

Commercial pilots of their Wi-Fi Spectrum Slicing powered access point solutions have been deployed since late 2024.
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