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PROXIM WIRELESS CORP - PRXM STOCK NEWS

Welcome to our dedicated page for PROXIM WIRELESS news (Ticker: PRXM), a resource for investors and traders seeking the latest updates and insights on PROXIM WIRELESS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PROXIM WIRELESS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PROXIM WIRELESS's position in the market.

News
Rhea-AI Summary

Proxim Wireless Corporation has unveiled the ORiNOCO® AP9200R, a dual-radio outdoor access point designed for extreme weather conditions. This product aims to provide reliable connectivity for outdoor hotspots, industrial applications, and temporary deployments. The AP9200R is IP67-rated, ensuring functionality in harsh conditions, including high temperatures and dust. With Bluetooth capabilities for quick setup, it enhances ease of installation. Proxim continues to lead in outdoor wireless solutions, solving connectivity challenges where wired systems are impractical.

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Rhea-AI Summary

Proxim Wireless has opened a new assembly and testing facility in San Jose, California, aimed at enhancing service to the North American market and reducing lead-times. The facility is UL certified, with initial production focusing on the 10100 and 10200 series products. Plans include catering to export markets in South America, Europe, and South Asia. CEO Fred Huey emphasized the need for flexibility in sourcing due to disruptions from the pandemic, stating that local production was a necessary step to improve customer experience.

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FAQ

What is the market cap of PROXIM WIRELESS (PRXM)?

The market cap of PROXIM WIRELESS (PRXM) is approximately 583.3K.

PROXIM WIRELESS CORP

OTC:PRXM

PRXM Rankings

PRXM Stock Data

583.27k
235.09k
0.06%
0.04%
Communication Equipment
Technology
Link
United States of America
San Jose