Accelerates initiatives to on-shore silicon commercialization and development in advance of the ongoing resurgence in chip manufacturing in North America
February 23, 2022 – Ottawa, Canada – Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets, is pleased to report the Company will accelerate initiatives to on-shore silicon development and commercialization for the next-generation of Wi-Fi Spectrum Slicing silicon solutions.
“On-shoring silicon design and development programs allow us to more directly control silicon supply lines, including design and quality assurance. The strategic initiative will bring us closer access to the North American foundry ecosystem,” said Andrew Skafel, President and CEO of Edgewater Wireless Systems Inc. “This strategic initiative marks a significant milestone in the commercialization of the next-generation of Spectrum Slicing silicon solutions and closely aligns with North American initiatives to develop capabilities closer to home.”
Edgewater Silicon Process & Supply Line Control:
Edgewater’s strategic initiative offers the Company more direct control of its silicon process and supply line, including critical design and quality assurance efforts. It provides closer access to North American foundries both now and in the future — creating more jobs for chip design and QA engineers in Canada and the United States. On-shoring the design and design verification processes will effectively allow complete domestic development in preparation for prototype manufacturing and lab validation of full-duplex Wi-Fi ASICs.
Today, foundries using the most advanced manufacturing process are concentrated outside North America and are operated by Samsung in South Korea and Taiwan Semiconductor Manufacturing Company (TSMC) in Taiwan. Numerous government, semiconductor and industry incentive programs are becoming available in Canada and the United States over the next ten years. They aim to foster innovation, research, development and yield new fabrication facilities while attracting additional investment and ushering in a new era of domestic silicon production. With the strategic on-shoring move, Edgewater aims to bring its next-generation technology to the forefront of these North American initiatives and position itself positively for the capital programs being made available to North American chip manufacturers, product developers, and R&D thought leaders.
Benefits of On-shoring for Edgewater: Quality, Control and Supply Line Certainty
Finalizing silicon development on-shore is the culmination of a multi-year process taking proven designs and cost optimizing silicon solutions for higher volume markets like Residential and Enterprise Wi-Fi. On-shoring enables the Company to more closely monitor quality as designs approach production, also offering supply line certainty and streamlines production management.
Learn more about Edgewater’s next-generation Wi-Fi Spectrum Slicing silicon solutions engineered for Residential and Enterprise applications like Wi-Fi gateways, routers, pods and set-top boxes at www.edgewaterwireless.com
About Edgewater Wireless
We make Wi-Fi. Better.
Edgewater Wireless (www.edgewaterwireless.com) is the industry leader in innovative Spectrum Slicing technology for residential and commercial markets. We develop advanced Wi-Fi silicon solutions, Access Points, and IP licensing designed to meet the high-density and high quality-of-service needs of service providers and their customers. With 24+ patents, Edgewater’s Multi-Channel, Single Radio (MCSR) technology revolutionizes Wi-Fi, delivering next-generation Wi-Fi today.
Edgewater’s physical layer Spectrum Slicing allows a frequency band to be divided, or sliced, to enable more radios to operate in a given area. Think of Spectrum Slicing like moving from a single-lane road to a multi-lane highway — regardless of Wi-Fi technology. The recently completed Proof of Concept (PoC) with a major Tier 1 Service Provider showed 7 to 18 times performance gains in 75% of homes surveyed. Interestingly, homes with the most devices saw the greatest improvements.
For more information, visit www.edgewaterwireless.com.
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Edgewater Wireless Contacts:
Andrew Skafel, President and CEO
Bill Mitoulas, Investor Relations
T: +1.416.479.9547
Forward-Looking Statements
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