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Eridan reinvents key components of mobile network infrastructure and secures $46 million in new investment

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Eridan has developed a technology that enables the creation of 5G wireless signals using digital production, rather than analog. This allows for more efficient and effective transmission of data, as well as greater expandability for future upgrades.

The company’s technology uses Gallium Nitride (GaN) to operate at high voltages, eliminating the need for an amplifier and improving signal quality. Eridan has demonstrated its ability to transmit signals with up to 16 bits and 65,536 QAM (Quadrature Amplitude Modulation), which is significantly more advanced than current technology.

Investors have taken notice of Eridan’s potential, with a total of $53 million raised from investors including Capricorn Investment Group, Monta Vista Capital, and Social Capital. The company plans to use this funding to scale up production and hire additional staff.

Eridan’s technology has the potential to revolutionize the 5G industry by enabling faster and more reliable data transmission. As 5G continues to roll out globally, Eridan’s innovative approach could play a key role in shaping the future of wireless communication.

Key points:

  • Eridan’s digital production technology enables more efficient and effective transmission of 5G signals.
  • The company uses Gallium Nitride (GaN) to operate at high voltages, eliminating the need for an amplifier.
  • Eridan has demonstrated its ability to transmit signals with up to 16 bits and 65,536 QAM.
  • Investors have raised a total of $53 million in funding for the company.