Airspan Networks

Airspan Networks (OTC Pink: AIRO) is a 4G LTE and WIMAX Israel-based equipment manufacturer founded in 1998 with headquarters in Boca Raton, Florida, United States and R&D facilities in the United Kingdom, Israel and India.

The first product, AS4020 platform, was based on CDMA radio technology adapted for fixed wireless access. The company currently provides a wide range of LTE and WIMAX base stations and customer premises equipment. It won the WiMAX World Best of Show Award for the mobile WiMAX MiMAX device, a miniature WiMAX receiver covering all major licensed and unlicensed WiMAX spectrum. The company has recently expanded its development efforts in LTE products to complement its WiMAX offerings.

Airspan has established presence in more than 100 countries and expanded its product lines, both through acquisitions and R&D. The company currently has over 100 engineers developing Mobile WiMAX and LTE solutions.

In 2004, Airspan made an agreement with Neda Telecommunications, a subsidiary of Aspen Wind Corporation, to send radios to Kabul, Afghanistan.

In 2010, Airspan negotiated with LightSquared to obtain exclusive rights to market 1.4 GHz spectrum in the United States. The spectrum is being targeted primarily to the Utility market for Smart Grid deployments.

The company was listed under NASDAQ symbol AIRN, but was delisted on September 18, 2009, and now trades as AIRO. The company is now controlled by Oak Investment Partners. According to their Form 10-K for 2008 (the last year that they were required to file one as a publicly traded company), "As of March 1, 2009, we had a total of 207 employees, including contract personnel, of which 43 were based in the United Kingdom, 84 were based in Israel, 30 were based in the United States and 50 were based in other locations."

External links

• Official website