04:39:30 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



DragonWave Inc (2)
Symbol DRWI
Shares Issued 7,305,219
Close 2017-03-28 C$ 1.87
Market Cap C$ 13,660,760
Recent Sedar Documents

DragonWave gets sale from Knoxville Utilities Board

2017-03-28 17:19 ET - News Release

Mr. Peter Allen reports

KNOXVILLE UTILITIES BOARD SELECTS DRAGONWAVE HARMONY ENHANCED MC FOR SMART GRID MODERNIZATION PROJECT

DragonWave Inc. client Knoxville Utilities Board (KUB) has selected DragonWave's Harmony Enhanced MC backhaul solution. KUB is an independent agency of the City of Knoxville that provides electricity, gas, water, and water-waste services to customers in Knoxville and parts of seven surrounding counties (over 750 square miles). This deployment will increase available bandwidth, reduce overall network operation and maintenance (O&M) costs, and improve reliability of the overall field network.

DragonWave's Harmony Enhanced MC will extend KUB's existing fibre/wireline facilities to create a hybrid wireless and wireline network. KUB will use Harmony Enhanced MC to create fibre-type connections via wireless, through the radio's ability to support multiple channels with high modulation (up to 2,048 QAM) in one small form factor.

Peter Cappiello, Future Technologies' president and chief executive officer, said: "By selecting Dragonwave's Harmony Enhanced MC for our bid, we were able to reach and exceed the capacity and reliability values required using three-foot antennas instead of comparison examples that would have required six-foot antennas. Each one foot of antenna reduction decreased the potential for new tower requirements (capex), as well as the reoccurring costs associated with larger dishes (opex), which made the decision simple for KUB."

The DragonWave Harmony Enhanced MC is a high-capacity microwave solution that enables customers to deliver one gigabit per second of uncompressed throughput in a single radio (using 50-megahertz channels) and up to two gbps per radio with the industry-leading bandwidth accelerator+ bulk compression feature. Harmony Enhanced MC also delivers the highest system gain in the industry, allowing customers to maximize capacity and minimize antenna sizes on longer links.

"Harmony Enhanced MC is to deliver the backbone for Internet of Things (IoT) networks through its ability to reuse existing infrastructure locations with its market leading technology to keep antenna sizes as small as possible to allow for installation at these points," said Peter Allen, DragonWave president and CEO. "We are pleased to be able to provide this solution to KUB and the utilities and industrial markets as a whole."

Webinar

If you are interested in hearing more about this utility use case, please join the company's utility-focused webinar on April 5, 2017, at 2 p.m. EST being conducted with Future Technologies and UTC (Utilities Technology Council).

About DragonWave Inc.

DragonWave is a leading provider of high-capacity packet microwave solutions that drive next-generation IP networks. DragonWave's carrier-grade point-to-point packet microwave systems transmit broadband voice, video and data, enabling service providers, government agencies, enterprises, and other organizations to meet their increasing bandwidth requirements rapidly and affordably.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.