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ALLO secures $650mn in sustainable financing to accelerate growth with Calix

Calix, Inc. has announced that longtime customer ALLO Communications (ALLO) has secured $650 million (€577.75 million) in sustainable financing, driven in part by their investment in the Calix broadband platform Calix Intelligent Access EDGE, Calix Cloud, and Calix Revenue EDGE. Sustainable finance is an investment that considers the environmental, social, and governance (ESG) factors of an economic activity or project. ALLO’s secured financing will help them further expand their green broadband network to subscribers across Nebraska, Colorado, and Arizona. (more…)

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July 18, 2023

Posted by: Shriya Raban

City of Kirkland, Washington aims to boost parking with eleven-x’s eXactpark smart parking solution

eleven-x, a global provider of wireless, IoT and smart city solutions for cities, announced that it has been selected by the City of Kirkland, Washington to deploy its eXactpark smart parking solution in the city’s busy downtown area. This partnership aligns with Kirkland’s smart cities initiative which aims to leverage solutions to increase operational efficiency, share information with the public, deliver enhanced services and manage resources to improve the community’s quality of life. (more…)

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July 17, 2023

Posted by: Janmesh Chintankar

Cavli Wireless raises $10mn to accelerate global expansion

Cavli Inc. has announced closure of its $10 million (€8.94 million) series A round from global investors. The round is led by Chiratae Ventures and Qualcomm Ventures. In addition, US technology conglomerate also participated in the round. (more…)

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July 13, 2023

Posted by: Shriya Raban

Evolve, BT join forces to take pain out of payment processing

Managed networks and IT provider Evolve announces that it will now be able to support card transaction routing via BT Cardway. By directly interfacing with BT Cardway, Evolve can now offer its customers across the UK and Europe payment traffic routing with one of the UK’s long-established payment routing service providers. (more…)

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Posted by: Shriya Raban

ZTE attains TM Forum’s Open API certification with uSmartNet solution

ZTE Corporation, a provider of information and communication technology solutions, has obtained TM Forum’s Open API certification for its uSmartNet autonomous networks solution. This certification signifies the industry’s recognition of the maturity and openness of ZTE’s technology in the field of network intelligence. (more…)

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July 12, 2023

Posted by: Janmesh Chintankar

AtomBeam surpasses $3mn goal in crowdfunding campaign

AtomBeam has announced the conclusion of its recent crowdfunding campaign on StartEngine. The campaign, which aimed to secure funding for AtomBeam’s technology, has exceeded expectations, raising over [$3 million (€2.72 million)] from a diverse group of investors. (more…)

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July 11, 2023

Posted by: Janmesh Chintankar

Rohde & Schwarz’s security scanners to improve passenger comfort at Amsterdam Schiphol Airport

Amsterdam Schiphol Airport has installed Rohde & Schwarz QPS201 security scanners. A shortage of personnel in the after COVID-19 period and a fully resumed air traffic turned out to be obstacle to its handling at the security lanes. After air passengers have recently been confronted with long waiting queues for security checks, the modernised security lanes at Schiphol now meet the surging post-pandemic travel demands. (more…)

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July 10, 2023

Posted by: Shriya Raban

BenQ Group obtains international ISO sustainability certification at Computex Taipei 2023

BenQ Group, a provider of smart solutions, announced that it has obtained international ISO (International Organisation for Standardisation) sustainability certification with its green booth at Computex Taipei 2023. In compliance with the international standard ISO20121 Sustainability Event Management, 15 goals in BenQ Group’s three environmental, social, governance (ESG) domains have passed verification with a 100% rating.

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July 9, 2023

Posted by: Janmesh Chintankar

nami raises $10.5mn for digital sensing infrastructure

nami has announced close of its series A financing round, raising $10.5 million from investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra. (more…)

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July 8, 2023

Posted by: Shriya Raban

BAE Systems secures £870mn contract to equip Royal Air Force Typhoons with new radar capabilities

BAE Systems has secured a [£870 million (€1019.07 million)] contract by Ministry of Defence (MOD). Under this contract BAE Systems will deliver a new radar to enhance the Royal Air Force’s (RAF) Typhoon fighter jet fleet and strengthen the aircraft’s control of the airspace whilst providing electronic warfare capabilities. (more…)

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July 7, 2023

Posted by: Janmesh Chintankar