3 years ago
Sofant Technologies Secures £4.2 Million to Build Satellite Communication Terminal
Sofant Technologies, a UK-based company specializing in 5G and SATCOM technology, has raised £4.2 million in funding led by EMV Capital Ltd
The funding will be used to build a satellite communications terminal targeting mobile applications, with commercial sales expected to begin later in the year
The company is developing a highly efficient radio platform that addresses challenges facing future wireless communication systems, and has demonstrated its technology's relevance to national security applications
Sofant has also announced a contract with a Fortune Global 500 defense company to support the development of a next-generation tactical communication system.
ProblemTechnology
"Building a satellite communications terminal which targets mobile applications is expensive and inefficient. "
Solution
"Sofant Technologies has built a proprietary, highly efficient radio platform that directly addresses the most difficult challenges facing future wireless communication systems. Sofant’s technology reduces power consumption by more than 70% in satellite communications and terrestrial fifth-generation (5G) telecommunications."