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Ethernity Networks Ltd - Israel-based network data processing technology provider - Says it has now delivered the Universal Edge Platform module adapted for use in conjunction with a wireless backhaul transmission product to customer. Company is now progressing to the production of the remaining UEP modules under the initial committed contract.
Shavit Baruch, VP of Reserch & Development, said: ‘The move to the manufacture and supply of the UEP module for our OEM customer is a significant achievement. Furthermore, the completion of the integration of the UEP2025 is a significant milestone, opening the doors for deliveries into multiple sectors of the 5G infrastructure market that were previously unavailable to the Company's sales efforts.’
Current stock price: 18.00 pence
12-month change: down 58%
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