SIMI VALLEY, California,
Dec. 18, 2017 /PRNewswire/ --
Airborne Wireless Network (OTC QB: ABWN) is pleased to announce
that on December 14, 2017 it entered
into a Support Agreement with GE Aviation, one of the GE (NYSE:GE)
Business Units. ABWN anticipates that this relationship should
significantly accelerate the development of ABWN's proprietary
Hybrid Radio and Free-Optics Communications System to be
demonstrated the 2018 calendar year.
Michael Warren, CEO of ABWN said, "Our collaboration with GE
Aviation should provide
the highest quality of engineering support in
our upcoming Hybrid Radio and Free-Optics Communications
System test. The expertise provided by GE Aviation, which will
arrange for tactical-grade Inertial Reference Units (IRU) with
embedded GPS that can be utilized for heading, pointing, attitude,
and stabilization for the System, should help assure a successful
result."
"GE has provided inertial reference systems to our customers for
more than half a century," said George
Kiefer, GE Aviation Product Management
Executive. "Tactical inertial navigation and the support of
satellite communications solutions are areas of expertise for our
team and we're excited to support Airborne Wireless in its mission
to reduce the cost of Aviation connectivity and to help connect
underserved markets. This is a rapidly evolving market,
requiring innovative technologies to enable the future. GE
product engineers stand ready to provide world-class product
expertise to help Airborne Wireless successfully achieve this
important testing milestone."
About GE Aviation and GE
GE Aviation is a world-leading provider of commercial, military
business and general aviation jet and turboprop engines and
components as well as avionics, electrical power and mechanical
systems for aircraft. GE has a global service network to support
these offerings. GE and its customers are also working together to
unlock new opportunities to grow and deliver more productivity
beyond traditional services. GE Aviation is becoming a
digital industrial business with its ability to harness large
streams of data that are providing incredible insights and in turn,
real operational value for customers.
GE (NYSE: GE) imagines things others don't, builds things others
can't and delivers outcomes that make the world work better. GE
brings together the physical and digital worlds in ways no other
company can. In its labs and factories and on the ground with
customers, GE is inventing the next industrial era to move, power,
build and cure the world. www.ge.com
About Airborne Wireless Network
The Company intends to create a high-speed broadband airborne
wireless network by linking commercial aircraft in flight. It is
projected that each aircraft participating in the network will act
as an airborne repeater or router, sending and receiving broadband
signals from one aircraft to the next and creating a digital
information superhighway in the sky. The Company intends the
network to be a high-speed broadband internet pipeline to improve
coverage and connectivity. The Company does not intend to provide
retail customer coverage to end users, but, instead, act as a
wholesale carrier with target customers, such as internet service
providers and telephone companies.
Currently, the world's connectivity is achieved by use of
undersea cables, ground based fiber and satellites. The Company
believes that the Company's airborne digital highway may be a
solution to fill the world's connectivity void. Once the network is
developed and fully implemented, its uses may be limitless. The
Company's network, once developed, should provide low cost,
high-speed connectivity to rural areas, island nations, ships at
sea, oil platforms, in addition to connectivity to commercial and
private aircraft in flight.
For further information see: www.airbornewirelessnetwork.com
Notice Regarding Forward-Looking Statements:
This release includes "forward-looking statements" within the
meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. These statements are
based upon the current beliefs and expectations of the company's
management and are subject to significant risks and uncertainties.
If underlying assumptions prove inaccurate or risks or
uncertainties materialize, actual results may differ materially
from those set forth in the forward- looking statements.
Risks and uncertainties include, but are not limited to,
availability of capital; the inherent uncertainties associated with
developing new products or technologies and operating as a
development stage company; our ability to raise the additional
funding we will need to continue to pursue our business and product
development plans; our ability to develop and commercialize
products based on our technology platform; competition in the
industry in which we operate and market; general industry
conditions; general economic factors; the impact of industry
regulation; technological advances; new products and patents
attained by competitors; manufacturing difficulties or delays;
dependence on the effectiveness of the company's patents; and the
exposure to litigation, including patent litigation, and/or
regulatory actions.
Contact:
info@airbornewirelessnetwork.com
805-583-4302
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