SAN DIEGO--(Business Wire / Korea Newswire)--Airgain, Inc. (NASDAQ: AIRG), a leading provider of wireless connectivity solutions, has signed a strategic Memorandum of Understanding (MOU) with Compal Electronics, Inc. (TAIEX: 2324), a global fortune 500 leader in smart device manufacturing, on a comprehensive plan for commercialization of a 5G Smart Fixed Wireless Access (FWA) technology.

Yiyun Chang, Vice President at Compal Electronics, Inc. (left), shaking hands with Dr. Ali Sadri, CTO of Airgain, Inc., after signing a strategic MOU. (Photo: Business Wire) The agreement signals a major step towards enabling mass production of this transformative technology which has the potential to substantially enhance 5G customer experience and mobile network operator (MNO) capabilities.

Airgain Smart Lantern™ uses patent-pending smart beamforming technology to simplify end-user FWA deployment as well as reducing truck roll and professional installation, by automatically determining the direction of the best received and transmitted signal from the 5G cellular base station (gNb).

Preliminary testing results indicate a performance enhancement exceeding 25% in both throughput and range when compared to conventional indoor and outdoor omnidirectional Fixed Wireless Access (FWA) Customer Premises Equipment (CPE).

The MOU commits the two companies to a collaboration which will see them evaluate the technology’s 5G KPI enhancements and assess the feasibility, effectiveness, and opportunities for original equipment manufacturer (OEM) and original device manufacturer (ODM) for FWA device development.

At the heart of the innovation is Airgain’s first-of-its-kind smart antenna technology for 5G mid-band and C-band frequencies, and novel beamforming algorithms. When combined with COMPAL’s expertise in developing FWA modules leveraging leading 5G chipset providers, this will deliver a powerful value proposition to their customers.

According to the forecast presented in the Ericsson Mobility Report, the Fixed Wireless Access (FWA) market is projected to reach a valuation of $67 billion by the year 2028, which equates to a Compound Annual Growth Rate (CAGR) of 16% year-over-year. Smart Lantern’s FWA technology holds the potential to significantly drive the adoption of FWA technology among Mobile Network Operators (MNOs).

Dr. Ali Sadri, CTO of Airgain, Inc., heralded the MOU as a significant moment in bringing Smart Lantern™ to market, adding:

“As we embark on this ground-breaking journey towards enabling commercialization, the signing of this MOU with COMPAL signifies a strategic leap forward in realizing the full potential of our innovative product, Smart Lantern™.

Having demonstrated its feasibility and generated tremendous excitement at Mobile World Congress, this MOU underscores our commitment to translating that enthusiasm into tangible market success. This momentous partnership solidifies Airgain’s position as a trailblazer in delivering cutting-edge solutions that shape the future landscape of wireless communication.”

Yiyun Chang, Vice President at Compal Electronics, Inc., said:

“COMPAL’s mission is to foster collaborative innovation and make ideas happen. Our collaboration with Airgain is built on shared dedication to pushing the boundaries of what’s possible in the telecommunications industry. We are confident that this partnership will not only meet but exceed the expectations of telecom equipment manufacturers (TEMs), MNOs, and system integrators (SI).

Together, we are poised to redefine the standards and capabilities of wireless communication, reinforcing COMPAL’s commitment to delivering state-of-the-art solutions that shape the future of connectivity.”

For more information about Smart Lantern™ visit airgain.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240530558164/en/

Website: http://www.airgain.com/ View Korean version of this release Contact Airgain, Inc.
Martyn Gettings
+44 7831 158416
[email protected]
This news is a press release provided by Airgain, Inc.. Korea Newswire follows these editorial guidelines. Airgain, Inc. News ReleasesSubscribeRSS 에어게인, 글로벌 포춘 500대 기업인 컴팔과 에어게인 5G Smart FWA 기술에 대한 전략적 양해각서 체결 무선 연결 솔루션 분야의 선도적인 공급업체인 에어게인(Airgain, Inc.)(나스닥: AIRG) 이 컴팔 일렉트로닉스(Compal Electronics, Inc.)(대만가권지수: 2324) 와 전략적 양해각서(MOU)를 체결했다. 컴팔은 스마트 장치 제조 부문의 글로벌 포춘 500대 기업으로, 이를 통해 5G 스마트 고정형 무선 액세스(FWA)... 5월 31일 15:45 Airgain Announces Partnership with McLaren Technology Group to Drive Automotive Innovation Airgain, Inc. (NASDAQ: AIRG) a global leader in wireless connectivity platforms today announced a new multi-year partnership with McLaren Technology Group that will build on both companies’ reputations in leading-edge, high performance technologies. Airgain will build on its expertise i... 2018년 2월 1일 14:25 ... More  More News Technology Computer Networking Telecommunication Contract Overseas Airgain, Inc. All News Releases 