Welcome to our dedicated page for EDGEWATER WIRELESS SY ORD news (Ticker: KPIFF), a resource for investors and traders seeking the latest updates and insights on EDGEWATER WIRELESS SY ORD stock.
EDGEWATER WIRELESS SY ORD (symbol: KPIFF) is a leading technology company specializing in innovative wireless solutions. The company is known for its cutting-edge products that revolutionize the wireless communication industry. With a focus on research and development, Edgewater Wireless SY ORD continues to push boundaries and set new standards in the field. Their strong financial position and strategic partnerships position them for continued growth and success in the market.
Edgewater Wireless Systems Inc. (OTC: KPIFF) announces a new patent application to the U.S. Patent and Trademark Office titled “Method and Apparatus for In-band Multi-channel Determination and Utilization.” This innovation strengthens the company's leadership in multi-link Wi-Fi technology, particularly in the rapidly advancing WiFi7 standard.
The patent aims to enhance Wi-Fi performance by reducing latency and increasing throughput. With 26 granted patents, Edgewater's Spectrum Slicing technology allows multiple channels to operate simultaneously, addressing congestion and interference challenges in residential and enterprise markets.
According to CEO Andrew Skafel, this development reflects the company’s commitment to innovation, which is vital for unlocking shareholder value in a market with over 20 billion Wi-Fi devices.
Edgewater Wireless (OTC: KPIFF, TSXV: YFI) announced a webinar featuring CEO Andrew Skafel, discussing the results of a year-long study on home Wi-Fi performance and increasing channel density. The research highlights that Wi-Fi, which manages 95% of mobile device traffic, suffers from performance issues that lead to significant customer service calls. Edgewater’s innovative Spectrum Slicing technology, capable of enhancing physical channel capacity, has shown performance gains of 7 to 18 times in a pilot with a Tier 1 service provider. The webinar is scheduled for March 7, 2023, at 11:00 AM ET.
Edgewater Wireless Systems Inc. (OTC: KPIFF) has outlined its strategic growth plan for 2023, focusing on the adoption of its Wi-Fi Spectrum Slicing technology. As demand for Wi-Fi7 and its Multi-Link Operation feature increases, the company aims to enhance commercial engagements with Tier-1 service providers and launch new products. Key objectives include establishing Spectrum Slicing as essential technology and exploring IP licensing and M&A opportunities. A recent pilot study demonstrated significant performance gains, with homes experiencing latency improvements and higher efficiency. Edgewater remains committed to addressing the limitations of legacy Wi-Fi systems.
Edgewater Wireless Systems announced significant advancements in its Wi-Fi Spectrum Slicing technology, highlighting its capability to improve Wi-Fi performance by 7 to 18 times compared to traditional single-channel systems. CEO Andrew Skafel detailed the upcoming launch of the Wi-Fi 7 Spectrum Slicing platform and its integration with a major Tier 1 operator's residential gateways. The recently completed Proof of Concept showed notable performance gains, particularly in homes with multiple devices, demonstrating the technology's potential to enhance user experience in high-demand environments.
Edgewater Wireless Systems Inc. (OTC: KPIFF) reported its Q2 FY 2023 results with revenues of $1,795 and a reduced net loss of $266,028 compared to $280,738 in Q2 FY 2022. The company is actively engaging with Tier 1 service providers to address challenges in residential Wi-Fi, emphasizing the need for improved performance with Spectrum Slicing technology. Notably, the firm issued $716,000 in convertible debentures at a 10% annual interest rate. The recent resumption of in-person industry events has fostered business development across North America and Europe, highlighting a shift toward WiFi7 standards.
Edgewater Wireless Systems Inc. (TSX-V: YFI) shareholders approved an amended 10% rolling stock option plan during the annual meeting on November 22, 2022. Key approvals included setting the board at three directors and the reappointment of KPMG LLP as auditor. The stock option plan now complies with TSX Venture Exchange policies, requiring prior approval for share capital adjustments and disinterested shareholder approval for stock option extensions to insiders. Additionally, the company granted 1,540,000 stock options at $0.08 each, exercisable for eight years.
Edgewater Wireless Systems Inc. (OTC: KPIFF) highlights CEO Andrew Skafel's recent appearance on Computer America, where he discussed the company's innovative Spectrum Slicing technology. This technology offers a generational shift in Wi-Fi performance, enabling better engineering of Wi-Fi spectrum and significantly enhancing connectivity for both modern and legacy devices. Edgewater's multi-link/channel silicon solution demonstrates a 50% reduction in latency and a throughput increase of 7 to 18 times. The technology aims to deliver next-generation Wi-Fi solutions for high-density environments.
Edgewater Wireless (OTC: KPIFF) announced CEO
Edgewater Wireless Systems Inc. (OTC: KPIFF) will preview its next-generation WiFi7 solutions at the Wireless Global Congress 2022 in Amsterdam from October 17-20. The company focuses on its multi-link silicon solutions, which promise lower latency (50% less) and significantly increased throughput (7 to 18 times) compared to traditional Wi-Fi systems. Their patented Spectrum Slicing technology aims to enhance residential Wi-Fi applications while allowing existing devices to continue working without upgrades, potentially reducing costs for service providers.
FAQ
What is the current stock price of EDGEWATER WIRELESS SY ORD (KPIFF)?
What is the market cap of EDGEWATER WIRELESS SY ORD (KPIFF)?
What does EDGEWATER WIRELESS SY ORD specialize in?
What is the symbol for EDGEWATER WIRELESS SY ORD on the stock market?
What sets EDGEWATER WIRELESS SY ORD apart from its competitors?
What is the focus of EDGEWATER WIRELESS SY ORD's research and development efforts?
How does EDGEWATER WIRELESS SY ORD position itself for growth and success in the market?
What can investors expect from EDGEWATER WIRELESS SY ORD in the future?
Is EDGEWATER WIRELESS SY ORD a reliable investment option?
How does EDGEWATER WIRELESS SY ORD contribute to the wireless communication industry?
What recent achievements has EDGEWATER WIRELESS SY ORD accomplished?