Edgewater Wireless Sys Inc - KPIFF STOCK NEWS

Edgewater Wireless Systems announces the submission of its third patent application for Spectrum Slicing technology, introducing an AI algorithm enhancing its Wi-Fi solutions. Patents focus on optimizing channel usage, determining optimal channel width, and spectral health. This innovation aims to improve Wi-Fi performance amid the transition to WiFi7. The company emphasizes its strategic IP protection and readiness to deliver next-gen Wi-Fi silicon solutions, backed by 26 granted patents. These advancements position Edgewater Wireless as a leader in multi-link Wi-Fi technology.

Edgewater Wireless has announced the submission of a second patent application titled 'Method and Apparatus for In-Band Multi-Channel Determination and Utilization.' This patent, part of a series, introduces an AI algorithm that enhances their Wi-Fi Spectrum Slicing solution. Edgewater aims to revolutionize the $39.4 billion global Wi-Fi market with this technology. The application is filed as US Patent Application No. 18/643,386 and International Application No. PCT/CA2024/050533, based on a provisional application filed in April 2023. The AI component determines the optimal use of Wi-Fi channels within the Spectrum Slicing-enabled radio array, important as the industry transitions to WiFi7.

Edgewater Wireless Systems (TSXV: YFI, OTC: KPIFF) has filed a worldwide patent application for its technology, 'Method and Apparatus for In-Band Multi-Channel Determination and Utilization.' This new patent includes application-layer intelligence, enhancing Edgewater’s portfolio. With the industry's shift towards WiFi7 and Multi-Link Operation (MLO), Spectrum Slicing technology has become crucial. Edgewater, backed by 26 granted patents, aims to impact the $39.4 billion global Wi-Fi market. The patent application, US Patent No. 18/643,333 and International Application No. PCT/CA2024/050533, was filed in April 2023. The invention utilizes an AI-driven algorithm stack to optimize Wi-Fi channel configuration within spectral bands. This development reinforces Edgewater's leadership in Wi-Fi innovation.

Edgewater Wireless Systems Inc. applauds the NRC IRAP IP Assist Program for supporting the development of Canadian IP and helping secure next-generation wireless capabilities. The program aids in the development of ground-breaking Wi-Fi and wireless IP, positioning Edgewater as a leader in Wi-Fi Spectrum Slicing technology. Through support from NRC IRAP, Edgewater can enhance Wi-Fi service delivery, decrease latency, and increase aggregate throughput, solidifying its position in the global wireless and semiconductor ecosystem.

Edgewater Wireless Systems Inc. (KPIFF) has partnered with the Alliance of Semiconductor Innovation Canada (ASIC) to enhance the Canadian semiconductor ecosystem. ASIC aims to strengthen the semiconductor industry in Canada through collaboration with key industry players.

Edgewater Wireless Systems Inc. (YFI) to participate in the Canadian Semiconductor Symposium to discuss cutting-edge advancements in semiconductor technology in Canada. The symposium will feature prominent voices from across Canada’s semiconductor ecosystem, including business leaders, researchers, entrepreneurs, and government agencies, aiming to propel the Canadian semiconductor ecosystem into the next generation of innovation.

Edgewater Wireless Systems Inc. (YFI) Announces Non-Brokered Private Placement Offering: Edgewater Wireless Systems Inc. is pleased to announce a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share and one common share purchase warrant. The company expects to use the net proceeds for product commercialization and general working capital.

Edgewater Wireless Systems announces strategic collaboration with C2MI for next-generation WiFi7 Spectrum Slicing solution

Edgewater Wireless Systems Inc. announces financial and operational results for FY 2023, including a net loss of $799,444 and revenue of $7,574. The launch of their next-generation WiFi7 Spectrum Slicing silicon has generated interest from Tier 1 Service Providers and OEMs.