Company Overview
Edgewater Wireless Systems Inc., founded in 1988 and headquartered in Kanata, Ontario, Canada, is a publicly traded company specializing in developing and commercializing advanced technologies and intellectual property for the communications market. The company is renowned for its pioneering Spectrum Slicing technology, which enhances Wi-Fi performance by enabling multiple concurrent channels on a single radio frequency.
Historical Background
Established in 1988, Edgewater Wireless has evolved into a key player in the wireless communications industry. The company focuses on addressing the challenges of high-density Wi-Fi environments through innovative solutions that improve network capacity and performance.
Product and Service Portfolio
Edgewater Wireless offers a range of products and services designed to optimize wireless communications:
Industry Applications
Edgewater Wireless’s technologies are applied across various sectors:
Notable Achievements
Edgewater Wireless has been recognized for its innovative contributions to wireless technology, particularly in developing Spectrum Slicing, which addresses the growing demand for high-capacity Wi-Fi solutions.
Leadership Insights
The company is led by President and CEO Andrew Skafel, who has been instrumental in driving the company’s strategic vision and growth in the wireless communications sector.
Financial Performance
As of January 13, 2025, Edgewater Wireless’s stock was trading at CAD 0.0750, with a market capitalization of approximately $12.32 million.
Recent Developments
In December 2024, Edgewater Wireless announced earnings results for the second quarter and six months ended October 31, 2024, and reported receiving CAD 1.915 million in funding, indicating ongoing financial activities to support its operations and growth.
Future Outlook
Edgewater Wireless aims to continue innovating in wireless communications, focusing on expanding the adoption of its Spectrum Slicing technology to meet the increasing demand for high-performance Wi-Fi in various markets.
Edgewater Wireless’s commitment to innovation and quality positions it as a significant contributor to the advancement of wireless communication technologies.