Press Release – Ethernity Networks https://ethernitynet.com Tue, 28 Feb 2023 13:12:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://ethernitynet.com/wp-content/uploads/2020/03/red-square-with-en.png Press Release – Ethernity Networks https://ethernitynet.com 32 32 Ethernity Networks Introduces the UEP3808 Combo PON OLT https://ethernitynet.com/press/ethernity-introduces-uep3808-olt/ Tue, 28 Feb 2023 13:11:16 +0000 https://ethernitynet.com/?post_type=press&p=38228

Airport City, Israel – February 28, 2023 Ethernity Networks (AIM: ENET.L)(OTCQB: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, introduced today its newest product, the UEP3808 Combo PON OLT, offering both 10 Gigabit per second (XGS-PON) and Gigabit Passive Optical Networking (GPON) optical line termination (OLT). The UEP3808 can serve as either a complete OLT with software or as a white box offering to allow OEMs to port their own software on the platform.

The UEP3808 can incorporate two or four FPGAs in a single OLT equipped with Ethernity’s PON OLT controller semiconductor IP, enabling a variety of flexible port configurations. The appliance can offer up to 16 ports of XGS-PON, 8 ports of CPON, 16 ports of GPON, or a combination thereof, as well as 2 ports of 100Gigabit Ethernet (GbE) and 6 ports of 10/25GbE to deliver 800Gbps of switching capacity. Moreover, all the configurations use the same hardware design, and to support the various configurations pin-compatible FPGAs can be assembled on the same hardware.  As with all Ethernity products, the UEP3808 also provides hardware acceleration of the data plane with advanced traffic management and high quality of service, creating a lower cost option compared to products based on merchant silicon.

The unique design of the UEP3808 also lends itself to a completely different use case in which it can serve as an aggregator and bonding/de-bonding unit for up to eight UEP2025 appliances, creating point-to-multipoint traffic delivery using Ethernity’s patented L1 link bonding technology, covering an environment spanning multiple radio towers by porting Ethernity’s bonding semiconductor technology into the FPGAs.

David Levi, CEO, Ethernity Networks said: In the UEP3808, we landed upon a unique architecture that enables a lower-cost and higher-end functionality to serve the fiber access market with a unique, and programmable offering for Wireless Internet Service Providers. We are confident that this platform will address the specific deployment needs of the WISP market.”

Ethernity is running a live demo of its link bonding technology at WISPAmerica in Louisville, Kentucky (Booth 324) from March 7-9, and will also be featuring the UEP2025 indoor/outdoor unit, the UEP3808 Combo PON OLT, and the company’s forthcoming new PON solution.

For more information, or to schedule an appointment to meet with Ethernity’s representatives at WISPAmerica, please contact marketing@ethernitynet.com.

About Ethernity Networks
Ethernity Networks (AIM: ENET.L; OTCQB: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware that increase telco/cloud network infrastructure capacity. Ethernity’s semiconductor logic offers data processing functionality for various networking applications, innovative patented wireless access technology, and fiber access media controllers, all equipped with control software with a rich set of networking features. Ethernity’s solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating the deployment of 5G over wireless and fiber infrastructure.

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Ethernity’s ENET FPGA SoC Re-Selected for Second-Gen 5G Product https://ethernitynet.com/press/ethernity-soc-selected-secondgen-5g/ Wed, 16 Nov 2022 10:47:14 +0000 https://ethernitynet.com/?post_type=press&p=38100

Airport City, Israel – November 16, 2022 Ethernity Networks (AIM: ENET.L)(OTCQB: ENETF), a leading supplier of data processing semiconductor technology for virtualized networking appliances, announced today that its existing American OEM customer has selected Ethernity’s data processing system-on-chip (SoC) for its second-generation wireless base station node product.

Following the successful deployment of the customer’s first-generation product, the customer has contracted with Ethernity to provide complete IP networking functionality, including critical traffic management features, for a double-capacity second-generation Fixed Wireless Access base station node product. Ethernity will incorporate its technology on newer FPGAs, with development anticipated to be completed during H1 2023.

Ethernity has provided the customer its unique silicon-tuned software, which, due to the efficiency of the SoC’s design, fits into low-cost FPGAs. Working in concert with the customer’s radio technology in its tower-installed base nodes, the Ethernity SoC provides key aspects of the 5G product, including advanced networking functions, traffic control, and management.

David Levi, CEO, Ethernity Networks said: “I am pleased to see extensive growth in our customer’s business and their successful deployment based on our data processing SoC. We are extremely satisfied that the successful support we have provided to this customer over five years has led to widespread successful deployment, and that our role as a key element in the offering led to the selection of our data processing technology for the second-gen 5G product. The opportunity to continue working with the customer demonstrates the value and importance of our collaboration with our customers. This is the second follow-on contract for Ethernity in recent weeks, cementing the industry’s opinion that we are a trusted partner providing efficient, cost-effective, and reliable solutions for 5G and broadband.”

About Ethernity Networks
Ethernity Networks (AIM: ENET.L; OTCQB: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity’s semiconductor logic offers complete Carrier Ethernet Switch/Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s complete solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating deployment of 5G, edge computing, and NFV.

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Ethernity Networks Eases Video Broadcasting over Wireless https://ethernitynet.com/press/ethernity-networks-eases-video-broadcasting-over-wireless/ Thu, 13 Oct 2022 13:29:35 +0000 https://ethernitynet.com/?post_type=press&p=38030

Ethernity Networks Eases Video Broadcasting over Wireless

Airport City, Israel – October 13, 2022 Ethernity Networks (AIM: ENET.L)(OTCQB: ENETF), a leading supplier of networking-processing semiconductor technology ported on FPGA (field programmable gate array) for virtualized networking appliances, announces that it will be hosting a live demo of its patented link bonding, showcasing the technology’s ability to address, among other things, the video-streaming market by enabling multi-channel transmission over multiple connections, while maintaining the video stream despite wireless link performance degradation.

Ethernity’s link bonding uses load-balancing to enable the transmission of a single dataflow along multiple 10Gbps and 1Gbps wireless links. That is especially valuable when broadcasting heavy media such as video, which is prone to packet-loss and therefore degradation of quality-of-service when transmitted over a dedicated wireless link. As opposed to link aggregation (LAG), which specifies that a certain data flow must run over a specific port/link, Ethernity’s bonding technology can automatically adjust to actual link rates as it load-balances the entire data rate over multiple connections, thereby maintaining high quality-of-experience.

The company’s forthcoming UEP2025 network appliance is purposefully designed to host and enable Ethernity’s link bonding technology over a combination of wired or wireless links to any vendor’s radio units. This means that the UEP2025 supports various throughputs, latencies and other critical behavioral differences between the competing radio technologies in the marketplace.  It therefore serves as an ideal disaggregated, all-in-one, wireless backhaul Indoor Unit (IDU), offering improved transmission of data-hungry applications across multiple channels.

Ethernity is running the live demo of its link bonding technology at NetworkX in Amsterdam (Booth B57) from October 18-20 and will also be presenting the company’s XGS-PON/GPON OLT
MAC, its FTTR offering, and its ACE-NIC implementing Router-On-a-NIC to facilitate vRouter offload.

David Levi, CEO, Ethernity Networks said: “Video is yet another application for which our link bonding technology not only improves quality-of-service, but also enables a truly disaggregated Radio Access Network. While other vendors offer L1 bonding features, they lock the service providers into using proprietary radios. Ethernity’s patented link bonding, on the other hand, is agnostic to the radio technology, thereby offering operators more flexibility as they plan their network infrastructure.

For more information, or to schedule an appointment to meet with Ethernity’s representatives at NetworkX, please contact marketing@ethernitynet.com.

About Ethernity Networks
Ethernity Networks (AIM: ENET.L; OTCQB: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity’s FPGA logic offers complete Carrier Ethernet Switch/Router data plane processing, PON MAC technology, and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s complete solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating deployment of 5G, edge computing, and NFV.

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Ethernity Networks Lands $4.6M Follow-On Contract for Fiber-to-the-Room Devices https://ethernitynet.com/press/follow-on-contract-fttr/ Tue, 20 Sep 2022 06:01:16 +0000 https://ethernitynet.com/?post_type=press&p=38004

Airport City, Israel – Ethernity Networks (AIM: ENET.L)(OTCQB: ENETF), a leading supplier of networking processing semiconductor technology ported on FPGA (field programmable gate array) for virtualized networking appliances, announced today that it has signed a new $4.6 million follow-on contract with its existing customer, a Chinese broadband network OEM.

Under the contract, Ethernity will supply system-on-chip (SoC) devices with support for Gigabit Passive Optical Networking (GPON) Optical Line Termination (OLT), adapted to enable Fiber-to-the-Room (FTTR) deployments. The Ethernity solution offers GPON OLT over an extremely low-cost FPGA to serve residential and small-office Customer Premises Equipment for FTTR deployments.

Fiber-to-the-Room is a disruptive trend that uses passive optical fiber to reach residential, retail, and enterprise deployments. Passive fiber-optic deployments provide greater reliability and performance than Wi-Fi and a greener and more power-efficient solution than traditional copper cabling. By bringing fiber into the individual rooms of an apartment or small office, end-users can benefit from higher throughput with an unmatched level of service to enable today’s most data-hungry applications without experiencing lags.

This is the second major contract with this customer, following an original $3M GPON/XGS-PON OLT SoC order in October 2021. Given the success of that initial project, the customer proposed a follow-on project to address the larger FTTR market, targeting residential deployments and expanding Ethernity’s reach into a new mass-volume market.

This is the largest single FPGA volume-based contract that Ethernity has entered into to-date. With the device being a major enabler within a next-generation home gateway and considering the significant estimated volumes indicated by the customer beyond the committed volume per the contract, this may justify porting the design integrated on the FPGA to an Application Specific Integrated Circuit (ASIC) to allow long-term competitive pricing.

David Levi, CEO, Ethernity Networks said: “This deal confirms our prior expectations that Ethernity’s contract wins would lead to follow-on business. We are extremely pleased with the advances we have made on a deployable PON product with this OEM customer, and we are excited to begin work on this extended offering for the new FTTR market. This is a totally untapped market for Ethernity that utilizes our existing 5G infrastructure technology to serve a major connected residential market. I believe this is the tip of the iceberg in this growing market for Ethernity with further potential to generate significant additional revenue flows.”

About Ethernity Networks
Ethernity Networks provides network processing semiconductors that integrate innovative, comprehensive networking and security solutions accelerating telco/cloud networks. Ethernity’s patented ENET Flow Processor offers complete Carrier Ethernet Switch/Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s network processing semiconductor technology and solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating deployment of 5G, edge computing, and NFV.

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Ethernity Networks to Commence Trading on OTCQB Market in USA https://ethernitynet.com/press/ethernity-networks-commence-trading-otcqb-market-usa/ Tue, 06 Sep 2022 14:07:51 +0000 https://ethernitynet.com/?post_type=press&p=37997

Airport City, Israel – Ethernity Networks (AIM: ENET.L)(OTC: ENETF), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) for accelerating telco/cloud networks, is pleased to announce that trading in the Company’s ordinary shares will begin today on the OTCQB Venture Market (“OTCQB”) in the United States under the ticker symbol “ENETF”.

Trading on the OTCQB will have no direct impact on the trading of Ethernity’s existing ordinary shares on London’s AIM, which will continue to trade on AIM under the ticker “ENET”, and no new ordinary shares will be issued as part of the cross-trade.

The OTCQB is recognized by the SEC as an established public market providing data that investors need to analyze, value and trade securities. Cross-trading on the OTCQB allows the Company access to one of the world’s largest investment markets to expand its reach into a broader pool of investors. Ethernity’s shares will be available to US investors during US working hours and priced in US dollars, which has the potential to enable greater liquidity in the Company’s ordinary shares on AIM by easing cross-border trading for potential US investors.

The Company has appointed Harbor Access, a US-based strategic investor relations firm to support the OTCQB quote. Harbor Access will assist management with investor outreach and awareness. “We are delighted to work with David and the Ethernity Networks team as we believe their technology offers a great investment opportunity for investors with an interest in the 5G space. The addition of the OTCQB quote will allow for greater transparency and disclosure for investors,” stated Jonathan Paterson, Managing Partner, Harbor Access.

Ethernity has appointed B. Riley Securities, Inc. as its OTCQB Sponsor.

David Levi, CEO of Ethernity, said: “We are thrilled to begin trading on the OTCQB Market. This cross-trading facility provides an opportunity to open trading and investment in Ethernity to the North American investor community. Ethernity’s innovative and patented data processing semiconductor technology, which scales up to provide complete system solutions that utilize our data processing technology, allows customers to deploy innovative differentiated products in the 5G-driven market.

“We have strong sales growth with a high profile North American customer, as well as from the recently signed contracts leading into and beyond 2023, with further anticipated growth from additional possible contracts. We welcome the chance to share our fast-developing and exciting story on the US stage as well as the UK one.”

Jonathan Dickson, Vice President of Corporate Affairs, OTC said: “We are delighted to welcome Ethernity Networks Ltd to the OTCQB in the United States. With Ethernity’s primary listing remaining on London’s AIM, the OTCQB’s cross-trading facility will allow Ethernity to broaden its horizons.”

About Ethernity Networks
Ethernity Networks provides network processing semiconductors that integrate innovative, comprehensive networking and security solutions accelerating telco/cloud networks. Ethernity’s patented ENET Flow Processor offers complete Carrier Ethernet Switch/Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s network processing semiconductor technology and solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating deployment of 5G, edge computing, and NFV.

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Ethernity Networks Opens Remote Access 5G Core Setup https://ethernitynet.com/press/ethernity-networks-opens-remote-access-5g-core-setup/ Wed, 27 Apr 2022 15:11:14 +0000 https://ethernitynet.com/?post_type=press&p=37735

Airport City, Israel – April 27, 2022Ethernity Networks (AIM: ENET.L), a leading network processing semiconductor technology company, today announced it is offering access to a real 5G core network environment that includes the company’s 5G UPF Hardware Offload solution supported by leading integrator Tietoevry’s UPF toolkit and testbench. The environment enables telecom operators and system integrators to remotely access the setup to experience firsthand the possible performance improvements and CPU savings.

Potential customers can connect directly to the setup, which sends data flows across the environment via Ethernity’s ACE-NIC100 FPGA SmartNIC, configured with PFCP commands originated by SMF. The ACE-NIC100 embeds the ENET Flow Processor semiconductor technology ported on the FPGA to handle the offloaded data plane from the server CPUs, accelerating the network function virtualization infrastructure (NFVI) via a unique containerized architecture that uses standard DPDK RTE_Flow APIs that are untied from the NFV and the driver. The result is dramatic improvement in UPF deterministic performance and a significant reduction in the CPU workload, resulting with lower server cost and power consumption.

By accessing the setup, users can experience how the ACE-NIC100 communicates with other containers of open source VPP with UPF software networking elements. The solution fully offloads the user plane traffic without changing the UPF NFVI application, releasing server CPU cores and reducing power consumption, enhancing scalability, and assuring deterministic performance. The setup also incorporates graphical and statistical representations of the performance in real-time to illustrate the power of offloading 5G UPF from server CPUs.

Oded Bergman, Ethernity’s VP of Product and Business Development said, Ethernity’s unique containerized 5G UPF Offload solution assures carrier-grade UPF performance. It seamlessly integrates our ACE-NIC technology with any DPDK-based UPF NFVI, providing an extremely flexible and competitive UPF offering. The solution reduces software complexity and networking overhead, improves latency, and lowers the overall solution cost. It also paves the way to place UPFs at the network edge closer to end user locations. Now, thanks to this remote setup to our 5G Core environment, we invite 5G mobile operators and integrators to experience how to achieve better UPF performance in the shortest time-to-market.”

The new setup is immediately available for evaluation on a reservation basis. Interested parties can contact Ethernity Networks at info@ethernitynet.com for more information.

Ethernity is currently promoting its offload and acceleration solutions, as well as this evaluation lab, at the first annual SmartNICs Summit in Santa Clara, CA from April 26-28.

About Ethernity Networks
Ethernity Networks provides network processing semiconductors that integrate innovative, comprehensive networking and security solutions accelerating telco/cloud networks. Ethernity’s patented ENET Flow Processor offers complete Carrier Ethernet Switch/Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s network processing semiconductor technology and solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating deployment of 5G, edge computing, and NFV.

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Ethernity Networks Announces New Edge Device https://ethernitynet.com/press/ethernity-networks-announces-new-edge-device/ Thu, 24 Feb 2022 12:02:55 +0000 https://ethernitynet.com/?post_type=press&p=37615

Airport City, Israel – February 23, 2022Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable hardware for accelerating telco/cloud networks, today announced its forthcoming disaggregated UEP2025 Cell Site Router (CSR).

The UEP2025 features clock sync, security, Power Over Ethernet, and the company’s patented link bonding over a combination of wired or wireless links to any vendor’s radio units. It will serve as an ideal disaggregated, all-in-one, wireless backhaul Indoor Unit and cell site router.

UEP2025 is an upgrade on the existing and currently available Universal Edge Platform that represents Ethernity’s line of programmable network appliances targeted for network edge infrastructure solutions. It supports multiple ports of 10/25GbE and is equipped with a single FPGA SoC implementing both the CSR data plane and the link bonding.

Ethernity’s link bonding solution differentiates itself from traditional L1 bonding in that it enables an open, unlimited connection that does not depend upon a vendor-specific radio unit. The result is a non-blocking, disaggregated appliance that overcomes vendor lock-in at the network edge in line with the specifications of the Telecom Infra Project (TIP) Open Optical Packet Transport group’s Disaggregated Cell Site Gateway (DCSG).

The UEP2025’s programmability makes it futureproof and capable of incorporating any future feature requirements, as well as adaptable to include current add-ons such as GPS on-board, fronthaul interfaces, MACSec, IPSec, or any of the many other features from Ethernity’s rich FPGA firmware IP. Moreover, the same FPGA firmware can also be integrated into the company’s ACE-NIC product line of SmartNICs to support cloud-native environments.

The UEP2025 will be available for testing in July, with volume shipments in Q4. Pre-ordering is currently available to secure delivery.

Ethernity CEO David Levi said, “UEP2025 is the ultimate tool in enabling a truly disaggregated Radio Access Network. While other vendors have L1 bonding features, they lock the service providers into using their proprietary radio. Ethernity offers service providers more flexibility and choice in which wired or wireless radios they use in planning their network infrastructure.”

Ethernity will be promoting UEP2025 and its other 5G system solutions at its kiosk at the Israel Pavilion (#5A83) at Mobile World Congress in Barcelona from February 28-March 3 and at Booth #516 at WISPAmerica in New Orleans from March 15-17.

About Ethernity Networks
Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity’s FPGA logic offers complete Carrier Ethernet Switch/Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s complete solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating deployment of 5G, edge computing, and NFV.

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Ethernity Networks Receives Breakthrough $3m Order for FPGA-based 1G/10G PON OLT SoCs https://ethernitynet.com/press/ethernity-networks-receives-breakthrough-3m-order-for-fpga-based-1g-10g-pon-olt-socs/ Mon, 18 Oct 2021 11:38:48 +0000 https://ethernitynet.com/?post_type=press&p=37436

Lod, Israel – October 18, 2021 Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) for accelerating telco/cloud networks, is pleased to announce that it has signed a $3m contract with a Chinese broadband network OEM.

Under the contract, Ethernity will supply its ENET 4820 and ENET 5200 FPGA System-on-Chip (SoC) devices with support for four Gigabit Passive Optical Networking (GPON) Optical Line Termination (OLT) ports and four 10Gbps XGS-PON OLT MAC ports, respectively, or for different combinations thereof. The SoCs will enable the two types of PON for use in the OEM’s 5G fronthaul products, as well as other fiber access deployments.

The total initial committed order, valued at approximately $3,000,000 from a mix of the FPGA SoCs, accrues from 2022 into 2023 with additional orders anticipated thereafter.

Ethernity’s ENET 5200 10G XGS-PON OLT SoC focuses on resolving major infrastructure issues related to the deployment of 5G cell towers, as detailed in a recent article in Lightwave Magazine by Ethernity’s David Levi. The OEM will base its XGS-PON and GPON offerings on a unique architecture that utilizes a low-cost enterprise switch, as well as Ethernity’s FPGA SoC with advanced traffic management, and the OLT PON MACs.

David Levi, CEO, Ethernity Networks said: “We are immensely pleased to have converted our PON technology into a deployable product via this significant entry into the Chinese marketplace, and plan to extend this offering to other worldwide markets. The addition of PON to our global implementations is a validation of our statement that Ethernity’s products cover network processing ‘from the tower to the 5G core.’”

About Ethernity Networks

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity’s FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s complete solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating the deployment of 5G, edge computing, and NFV.

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Ethernity Networks Receives New ~$400,000 Order for Customized FPGA SoC from Global Wireless Backhaul OEM https://ethernitynet.com/press/ethernity-networks-new-400k-soc-order/ Tue, 12 Oct 2021 15:37:45 +0000 https://ethernitynet.com/?post_type=press&p=37423

Lod, Israel – October 12, 2021 Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable hardware for accelerating telco/cloud networks, announces today that it has signed a contract with a global wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA System-on-Chip (SoC) with support for Carrier Ethernet Switching, Wireless Bonding, and IPSec security. The ENET 4840 is a customized version of the device that is used within the UEP-20 Universal Edge Platform product design, which will also be supplied to the OEM for manufacturing.

The initial committed order within the contract is worth approximately $400,000, with the majority of the revenue accruing in 2022 and with additional orders anticipated thereafter.

The contract specifies that Ethernity will provide the customer with the company’s ENET 4840 SoC with unique silicon-tuned software, which, thanks to the efficiency of the ENET Flow Processor design, fits into low-cost FPGAs that are capable of meeting prices of mass production and enables up to 40Gbps of throughput. The SoC will also come pre-programmed with the IPSec security feature and Ethernity’s newly patented Wireless Bonding feature, which uses load balancing to enable the transmission of a single data flow along multiple wireless streams without the need for point-to-point connection.

Ethernity CEO David Levi said: “This is further confirmation from the marketplace that our Universal Edge Platform (UEP) with integrated bonding is an attractive offering. We are confident that it will continue to sell well among wireless connectivity vendors within the 5G backhaul and midhaul market.”

Ethernity will be exhibiting its UEP product line and its Wireless Bonding feature to wireless internet service providers and vendors at kiosk K07 at the WISPAPALOOZA event this week at the Paris Hotel in Las Vegas.

About Ethernity Networks

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity’s FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s complete solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating the deployment of 5G, edge computing, and NFV.

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Ethernity Networks Successfully Raises $6.2 Million https://ethernitynet.com/press/ethernity-networks-fundraising-27092021/ Wed, 29 Sep 2021 10:14:15 +0000 https://ethernitynet.com/?post_type=press&p=37360

Lod, Israel – Sep 29, 2021 – Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable hardware for accelerating telco/cloud networks, announced today that it has successfully raised $6.2 million on the AIM market of the London Stock Exchange.

As Ethernity continues to implement its strategy of becoming a supplier of customized and differentiated system solutions, the fundraising will serve to position the Company in a stronger position for the next stage of its development and growth. The success of the fundraising has strategically positioned Ethernity to meet its strategic objectives beyond 2022 and to confidently pursue new customer engagements and contracts to expand the market penetration for its 5G offerings.

Ethernity CEO David Levi said: “We were pleased to report in our interim results, in August 2021, that the Company was funded through 2022 to meet its operational requirements and contracts in hand, which position had not changed leading into this fundraising. As Ethernity continues to implement its new proven strategy as a supplier of customized and differentiated system solutions, the fundraising allows the Company to be financially positioned for the next stage of its development and growth with significantly larger customers, and to service expected mass deployment growth on anticipated new contracts from the end of 2022 onward.”

About Ethernity Networks

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity’s FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity’s complete solutions quickly adapt to customers’ changing needs, improving time-to-market and facilitating the deployment of 5G, edge computing, and NFV.

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