Post by
Findogger19 on Jun 06, 2017 5:06pm
Another win......
DragonWave Awarded Product and Services Contract for SmartSky Networks OTTAWA, CANADA -- (Marketwired) -- 06/06/17 -- DragonWave Inc., (TSX:DRWI)(NASDAQ:DRWI) a global supplier of packet microwave radio systems, announced today that it has been awarded a product supply and installation services contract from SmartSky Networks, a North American 4G LTE inflight service provider. SmartSky will deploy DragonWave's Harmony Enhanced and Harmony Enhanced MC products to provide high-capacity backhaul for its ground to air 4G LTE network. Harmony Enhanced MC was selected for the high capacity delivered through its 2048QAM and dual channel capabilities. In addition, the high system gain of the Harmony Enhanced MC makes it ideally suited for the long path lengths in the SmartSky network. "The DragonWave Harmony Enhanced MC product solution offers our desired capacity requirements for SmartSky," said SmartSky Networks Vice President of Services and Architecture Dave Claassen. "Harmony Enhanced MC delivers simple installation, operation and sophisticated remote management, so we are thrilled to partner with them to further enhance SmartSky's capabilities." SmartSky accomplished the threshold technical and business milestones needed to close a major capital formation step as it recently announced securing its $170 million series B financing. Thus, SmartSky is moving rapidly with the deployment of its coast-to-coast national network to bring users fast, seamless connectivity in the air. "DragonWave is excited to be working with SmartSky on its innovative high capacity and low latency inflight offering. This application is ideally suited for Harmony Enhanced MC." said DragonWave President and CEO Peter Allen. "We are also proud to be delivering engineering and installation services in support of this network." About DragonWave 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. The principal application of DragonWave's portfolio is wireless network backhaul, including a range of products ideally suited to support the emergence of underlying small cell networks. Additional solutions include leased line replacement, last mile fiber extension and enterprise networks. DragonWave's corporate headquarters is located in Ottawa, Ontario, with sales locations in Europe, Asia, the Middle East and North America. For more information, visit https://www.dragonwaveinc.com.
Comment by
bailey2 on Jun 06, 2017 6:23pm
yup , and it will go up tomorrow. How much is it worth? Again , no transparency, no report about the June 1 meeting with Nasdaq. Same old. I guess traders will be happy , but investors stay away from this hugely mismanaged company .
Comment by
Bigpaulbunyon on Jun 06, 2017 6:32pm
Just great , well on the bright side I will finally get to short this
Comment by
barneyj44 on Jun 06, 2017 8:19pm
Going short I thought you held a boatload of Drwi.
Comment by
Bigpaulbunyon on Jun 07, 2017 6:09am
You are right Barney , but after bleeding money for so long I could not afford for my capital to go to 0. sold after the earnings .
Comment by
jollynik6 on Jun 07, 2017 7:09am
No company in there right mind would give them contracts if DWI was going under,certainly not sprint,Don't like there sneaky BS,Even if they issue more shares ,still a very small float
Comment by
barneyj44 on Jun 07, 2017 11:36am
I finally succumbed and sold part of my position after earnings as well Bigpaul, Allen and Hawe have lost my confidence and can't be trusted as far as I'm concerned.
Comment by
maoae on Jun 06, 2017 8:58pm
DRWI is up 44% on nasdaq after hour. Volume almost 200,000..