Allied Minds PLC BridgeComm Advances Development of MOCA Technology
February 23 2021 - 2:00AM
RNS Non-Regulatory
TIDMALM
Allied Minds PLC
23 February 2021
Reach
23 February 2021
Allied Minds plc
BridgeComm Advances Development of MOCA Technology with
Transportable Demo
Allied Minds plc (LSE: ALM, "the Group"), the IP
commercialisation company focused on early stage company
development within the technology sector, notes the announcement by
BridgeComm, an Allied Minds portfolio company, that it successfully
completed a transportable demo of its Managed Optical Communication
Array (MOCA) technology. BridgeComm's MOCA technology is a
cost-effective solution for high-throughput secure connectivity
across space, air, land and sea domains. By incorporating optical
wireless communications (OWC), MOCA offers a modular and scalable
laser communications solution that supports the demand for data,
speed and security end-users require. BridgeComm plans to open
sales of its MOCA technology to customers later this year.
See here for BridgeComm's release.
Enquiries
Allied Minds c/o Instinctif Partners
Instinctif Partners
Kay Larsen, Rozi Morris, Hannah Campbell AlliedMinds@instinctif.com
About Allied Minds
Allied Minds plc is an IP commercialisation company focused on
early stage company development within the technology sector. With
origination relationships that span US federal laboratories,
universities, and leading US corporations, Allied Minds
historically created, and now manages and funds, a portfolio of
companies to generate long-term value for its investors and
stakeholders. Based in Boston, Allied Minds supports its businesses
with capital, management, expertise and shared services.
For more information, please visit www.alliedminds.com .
About BridgeComm, Inc.
BridgeComm is a global leader in optical wireless communications
solutions and services. Through a global network of ground stations
designed to support complementary fixed and mobile terminals, the
company provides fast, secure, enterprise-grade broadband services
for a variety of markets, including space exploration, terrestrial
networks for 5G connectivity and applications, and airborne
lasercomm for prominent applications including intelligence,
surveillance, reconnaissance, in-flight entertainment, and
backhaul. More information can be found at www.bridgecomminc.com
.
Allied Minds Forward--Looking Statement
This press release contains statements that are or may be
forward--looking statements, including statements that relate to
Allied Minds' future prospects, developments and strategies. The
forward--looking statements are based on current expectations and
are subject to known and unknown risks and uncertainties that could
cause actual results, performance and achievements to differ
materially from current expectations, including, but not limited
to, those risks and uncertainties described in the risk factors
included in Allied Minds' regulatory filings. These
forward--looking statements are based on assumptions regarding the
present and future business strategies of Allied Minds and the
environment in which it will operate in the future. Each
forward--looking statement speaks only as at the date of this press
release. Except as required by law, regulatory requirement, the
Listing Rules and the Disclosure Guidance and Transparency Rules,
neither Allied Minds nor any other party intends to update or
revise these forward--looking statements, whether as a result of
new information, future events or otherwise.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRADKNBBPBKKCBB
(END) Dow Jones Newswires
February 23, 2021 02:00 ET (07:00 GMT)
Allied Minds (LSE:ALM)
Historical Stock Chart
From Apr 2024 to May 2024
Allied Minds (LSE:ALM)
Historical Stock Chart
From May 2023 to May 2024