Welcome to our dedicated page for Edgewater Wireless Sys news (Ticker: KPIFF), a resource for investors and traders seeking the latest updates and insights on Edgewater Wireless Sys stock.
Edgewater Wireless Systems Inc. (OTC: KPIFF) appears frequently in news coverage for its work on AI-powered Wi‑Fi Spectrum Slicing technology and its PrismIQ silicon roadmap. Company announcements describe Edgewater Wireless as a fabless semiconductor firm focused on Wi‑Fi8‑ready Spectrum Slicing solutions and IP for residential, enterprise and Industrial IoT markets. News items often highlight how the company aims to improve Wi‑Fi quality of service in dense environments by mitigating congestion, managing or allocating spectrum in real time, and optimizing channel and link density.
Investors following KPIFF news can expect regular updates on Edgewater Wireless’s technology development and semiconductor ecosystem partnerships. Recent releases have detailed milestones in its PrismIQ Wi‑Fi8 Spectrum Slicing silicon program, including the selection of Synopsys Cloud EDA tools, completion of RF front‑end packaging for PrismIQ components, and prototyping of an AI subsystem powered by Arm. The company also reports on its role as a Silicon Catalyst portfolio company and participation in industry events and forums.
Corporate and capital markets developments are another recurring theme in Edgewater Wireless news. The company has issued updates on fiscal results, unsecured convertible debentures, warrant extensions, and the settlement of debenture interest through share issuances, all subject to TSX Venture Exchange processes. Governance and compensation matters, such as annual general meeting results, equity incentive plan approvals, and grants of stock options and deferred share units, are also disclosed through news releases.
In addition, Edgewater Wireless reports on advisory appointments and marketing initiatives, including the engagement of Winning Media LLC for digital marketing services and the appointment of Wi‑Fi semiconductor executive Rick Bahr as a strategic advisor. For readers tracking KPIFF, this news flow offers insight into the company’s technology roadmap, financing activities, governance decisions and efforts to raise its profile within the global semiconductor and Wi‑Fi ecosystems.
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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.
Edgewater Wireless (OTC: KPIFF) reported no revenue for Q1 FY 2023, with a net loss of $181,160, an improvement from a loss of $286,445 in Q1 FY 2022. The company emphasizes the resumption of in-person customer engagements in Europe, moving discussions with major Tier 1 providers to implementation phases. New Spectrum Slicing technology addresses challenges introduced by the 6GHz band, potentially saving manufacturers from costly filters. Additionally, Edgewater is exploring IP monetization strategies to accelerate growth.
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