Curvalux, a NYC-based manufacturer of innovative, energy-efficient fixed wireless access (FWA) broadband technologies, received a strategic investment from Pegasus Capital Advisors.
The amount of the deal was not disclosed.
This partnership aims to help facilitate prompt production and delivery of existing orders for Curvalux’s sustainable high speed wireless products to customers that are servicing communities with essential internet access, including those areas without access to electricity.
Led by CEO Richard Pak, Curvalux is a fixed wireless access (FWA) company that offers innovative technologies to connect people to the internet in urban and rural hard-to-reach areas. Through its solutions, it aims to bridge the digital divide and empower underserved communities with reliable and high-speed internet connectivity. The company’s suite of Point-to-Multipoint (PtMP) products includes the world’s leading high-capacity fixed wireless systems. They operate in both unlicensed 5-6 GHz frequencies (Curvalux 2) and millimeter-wave spectrum (Curvalux 3). Designed specifically for deployment in rural areas lacking electricity, these products enable customers, including internet service providers and telecommunication companies, to prioritize sustainability and carbon emission reduction. Curvalux devices consume minimal power, enabling solar-powered operation and presenting a green alternative to power-intensive 5G technologies in extending connectivity to rural communities.
FinSMEs
14/08/2024