Three Sixty Solar Towers to be Used to Develop Broadband Network
Three Sixty Solar Ltd. (NEO: VSOL, OTC: VSOLF) announced a collaboration with Archer Cleantech and Hook’d Broadband Canada to build a broadband internet mesh network incorporating its vertical solar towers in Kelowna and the South Okanagan region. The first deployment of equipment is scheduled for April 2023, utilizing the company's solar towers as telecom platforms. This partnership is expected to enhance utility services by combining energy generation and broadband solutions, with plans for additional tower deployments in the surrounding areas.
- Collaboration with Archer Cleantech and Hook’d Broadband Canada enhances service offerings.
- Deployment of broadband internet mesh network using solar towers increases utility efficiency.
- First equipment deployment scheduled for April 2023, showcasing timely project execution.
- None.
First equipment to be deployed in April 2023
VANCOUVER, British Columbia, March 23, 2023 (GLOBE NEWSWIRE) -- Three Sixty Solar Ltd. (NEO: VSOL) (OTC: VSOLF) (“Three Sixty,” “Three Sixty Solar,” or the “Company”), an innovative alternative energy design, manufacture, and sales organization focused on solar equipment supply to the global marketplace, is pleased to announce that Archer Cleantech (“Archer”) and Hook’d Broadband Canada (“Hook’d”) have committed to building a broadband internet mesh network serving Kelowna and the South Okanagan region by deploying Hook’d technology on top of Three Sixty Solar Vertical Solar Towers.
Key Points:
- Three Sixty solar towers to be used as part of broadband mesh network
- First equipment to be installed in Kelowna in April 2023
- Partners plan for multiple new tower deployments over the coming months
Three Sixty Solar’s CEO, Brian Roth states, “I am pleased to see our Distribution Agreement with Archer bearing fruit. The effort that Archer has put forth in sourcing technologies like Hook’d and Apeiron is huge in leading to an enhanced offering to the marketplace, building off our tower architecture to deliver a full package of necessary utilities. Repurposing our original demonstration tower as a telecom tower is exciting and I can’t wait for us to get to work on the next towers this spring.”
Three Sixty Solar’s vertical solar tower technology, through its distribution partner Archer, is part of a Teaming Agreement to create a consortium with Apeiron Energy Inc. (“Apeiron”) and Hook’d. Apeiron has developed state of the art battery and backup power generation systems that can uniquely pair with Three Sixty Solar’s vertical tower technology to enhance power delivery in project applications. Using patented, proprietary technology, Hook’d delivers “Last Mile” cutting edge broadband solutions. Hook’d’s solutions are frequency, spectrum and backhaul agnostic. Hook’d can combine multiple signal sources or a single fiber connection to build a network utilizing Three Sixty Solar Towers as a telecommunications platform.
Together, and in coordination with the teams at Three Sixty and Archer, these joint applications have the capability to supply the market with an all-in-one utility package featuring power generation, energy storage, telecommunications, wifi, and electrical interconnection.
Hook’d has indicated their intention to deploy their “Last Mile” technology on solar towers to create a Broadband Wireless Internet network in the Okanagan region of British Columbia. The first equipment will be deployed on Three Sixty Solar’s demonstration tower in Kelowna in April 2023. The network is expected to be expanded with multiple new solar towers to be deployed in the areas around Kelowna, Vernon, and Osoyoos over the coming months.
Hook’d’s ownership group adds: “We are very excited to have formalized our working relationship with Archer and to have access to Three Sixty’s solar towers for deployment of its technology. Hook’d believes that access to power on the sites where we plan to expand our networks is critical and the Teaming Agreement, along with access to Three Sixty’s towers, is a natural fit for everyone involved.”
On Behalf of the Board of Directors,
--Brian Roth—
Brian Roth,
Chief Executive Officer & Director
Three Sixty Solar Ltd.
www.threesixtysolar.com
About Three Sixty Solar Ltd. (NEO: VSOL) (OTC: VSOLF)
Three Sixty Solar Ltd. is an innovative alternative energy design, manufacture, and sales organization which focuses on solar equipment supply to the global marketplace. The company’s premier product line is the patent pending SVS series commercial solar tower. According to Statistics MRC, the solar farm sector is set to grow to around
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This letter contains statements and information that, to the extent that they are not historical fact, may constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as “may”, “would”, “could”, “will”, “likely”, “except”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the technologies to be provided by the Teaming Agreement and the consortium’s partnership with the Company, the Company’s plans to utilize the combined technologies to offer a multi-utility solution to the market, and the plans to build out multiple towers to complete a broadband wireless internet network in the Okanagan in the summer of 2023.
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CONTACT INFORMATION
Three Sixty Solar Ltd.
Investor Relations
Email: investors@threesixtysolar.com
Telephone: +1 (778) 383-6743
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Email: info@threesixtysolar.com
Telephone: +1 (877) 684-1972
FAQ
What is the partnership about between Three Sixty Solar and Archer Cleantech?
When will the first equipment for the broadband network be deployed?
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