Innovative IoT application can significantly
reduce wildfires using a Skywire® Embedded Modem
Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced
wireless connectivity systems, today announced that its Skywire®
family of embedded modems have been selected by GRID20/20, Inc. for
their innovative GRIDWIDE FIRE-SPY™ field sensor solution designed
to address the early detection of wildfires, and to provide ongoing
situational awareness to authorities during unfolding events.
To combat ongoing wildfire issues, GRID20/20 is pivoting its
focus to delivering enhanced public safety protection capabilities.
The emerging GRIDWIDE FIRE-SPY™ wildfire mitigation solution
presents a novel field sensor initiative that creates a first-ever,
always-on outdoor wildfire detection and auto alert system.
GRIDWIDE FIRE-SPY is designed to provide community-wide public
safety monitoring canopies by uniquely using the existing
distribution grid infrastructure. GRIDWIDE FIRE-SPY sensors will be
quickly deployed onto overhead distribution transformer fleets to
help improve public safety, reduce wildfire impacts, prevent
certain wildfire occurrences, provide situational awareness for
utility operators and first responders, reduce post-event
rehabilitation costs, lessen environmental damages, reduce
greenhouse gas emissions, and reduce liabilities risk for utility
operators.
Airgain’s Skywire Embedded Modems have been selected for the
emerging GRIDWIDE FIRE-SPY solution to provide the critical
connection between field sensors and the cloud using a cellular
data connection. According to Ganesh Sivaraman, Sr. Director of
Product Marketing at Airgain, “Skywire Embedded Modems have been
used in thousands of applications to provide critical and reliable
data connections for remote field applications. It is extremely
gratifying when we are selected for an application like this which
can have such a positive impact on the environment and the
populations that are affected by wildfires.”
As the recent Colorado wildfire disaster has demonstrated,
wildfires are now occurring nearly year-round, and wildfires are no
longer isolated to forested areas; urban destruction is a clear
reality. “GRIDWIDE FIRE-SPY will present a first-ever, always-on
outdoor wildfire monitoring solution that leverages existing
electric utility infrastructure to simultaneously deliver valuable
early detection, automated alerts, prevention and situational
awareness capabilities. All of these features are combined into one
cost-effective solution,” said Alan Snook, GRID20/20 spokesperson.
“By using early detection and field-proven technology as the
foundation to our emerging solution, GRIDWIDE FIRE-SPY will help to
save lives, reduce and/or even avoid certain wildfire occurrences,
while also protecting our local economies and our environment.”
The emerging GRIDWIDE FIRE-SPY sensor solution has been
successfully field tested at various locations within Virginia and
Hawaii.
About Airgain, Inc.
Airgain is a leading provider of advanced wireless connectivity
technologies and systems used to enable high performance networking
across a broad range of devices and markets, including consumer,
enterprise, and automotive. Airgain’s mission is to connect the
world through optimized integrated wireless solutions. Combining
design-led thinking with testing and development, Airgain’s
technologies are deployed in carrier, fleet, enterprise,
residential, private, government, and public safety wireless
networks and systems, including set-top boxes, access points,
routers, modems, gateways, media adapters, portables, digital
televisions, sensors, fleet tracking, in-vehicle networking, and
asset tracking devices. Through its pedigree in the design,
integration, and testing of high-performance wireless modules and
antenna technology, Airgain has become a leading provider of
integrated communications products that solve critical connectivity
needs. Airgain is headquartered in San Diego, California, and
maintains design and test centers in the U.S., U.K., and China. For
more information, visit airgain.com, or follow us on LinkedIn and
Twitter.
Airgain , NimbeLink, and the Airgain logo are registered
trademarks of Airgain, Inc.
About Grid20/20, Inc.
GRIDWIDE FIRE-SPY is an evolving subsidiary of GRID20/20, Inc.
GRIDWIDE FIRE-SPY is focused on delivering wildfire mitigation and
public safety protections. The emerging GRIDWIDE FIRE-SPY™ solution
leverages the time-proven and field-proven technology and turnkey
software capabilities of GRID20/20, Inc. thereby presenting
multiple value propositions for utility operators, local, state and
federal authorities, first responders, and communities. The
emerging GRIDWIDE FIRE-SPY solution simultaneously addresses
critical needs such as wildfire early detection, automated alerts,
wildfire prevention, ongoing situational awareness, public safety
protection improvements, environmental protections, carbon
emissions reduction, local economy protections, reduced wildfire
rehabilitation costs, and reduced utility operator liabilities
risk.
For additional information on GRIDWIDE FIRE-SPY™, visit:
https://www.globenewswire.com/news-release/2021/12/08/2348274/32165/en/GRIDWIDE-FIRE-SPY-Now-FirstNet-Ready-Delivering-Reliable-Communications-Solutions-for-Public-Safety.html
Forward-Looking Statements
Airgain cautions you that statements in this press release that
are not a description of historical facts are forward-looking
statements. These statements are based on the company's current
beliefs and expectations. These forward-looking statements include
statements regarding the expected performance of, and market for,
Airgain’s products and bundled solutions offered by our customers.
The inclusion of forward-looking statements should not be regarded
as a representation by Airgain that any of our plans will be
achieved. Actual results may differ from those set forth in this
press release due to the risk and uncertainties inherent in our
business, including, without limitation: the market for our
products is developing and may not develop as we expect; risks
associated with the performance of our products, including bundled
solutions with third-party products; if our channel partners fail
to perform, or our partnerships are unsuccessful, we may not be
able to bring our product solutions to market successfully or on a
timely basis; our products are subject to intense competition, and
competitive pressures from existing and new companies may harm our
business, sales, growth rates and market share; the COVID-19
pandemic may continue to disrupt and otherwise adversely affect our
operations and those of our suppliers, partners, distributors and
ultimate end customers; risks associated with quality and timing in
manufacturing our products and our reliance on third-party
manufacturers; we may not be able to maintain strategic
collaborations under which our bundled solutions are offered; if we
cannot protect our intellectual property rights, our competitive
position could be harmed or we could incur significant expenses to
enforce our rights; and other risks described in our prior press
releases and in our filings with the Securities and Exchange
Commission, including under the heading "Risk Factors" in our
Annual Report on Form 10-K and any subsequent filings with the SEC.
You are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof,
and we undertake no obligation to revise or update this press
release to reflect events or circumstances after the date hereof.
All forward-looking statements are qualified in their entirety by
this cautionary statement, which is made under the safe harbor
provisions of the Private Securities Litigation Reform Act of
1995.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220106005848/en/
Airgain Contact: Brian Critchfield VP, Global Marketing
bcritchfield@airgain.com (760) 579-0200 x5412
Airgain (NASDAQ:AIRG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Airgain (NASDAQ:AIRG)
Historical Stock Chart
From Apr 2023 to Apr 2024