Liquid Intelligent Technologies has announced a strategic partnership with US-based Globalstar to deliver cutting-edge 5G connectivity solutions across Africa, the Middle East, and the Gulf region.
The collaboration grants Liquid exclusive rights to sell and distribute Globalstar’s XCOM RAN private network 5G access solution in these markets.
This innovative technology is poised to revolutionize industries, particularly mining in Africa, by enhancing the 5G experience and supporting AI-driven applications.
Strive Masiyiwa, founder and chairman of Liquid Intelligent Technologies, expressed enthusiasm about the partnership, highlighting the potential for providing large enterprises like mines with their own 5G private networks capable of supporting advanced services such as AI.
Liquid will offer comprehensive customer support for Globalstar’s products and services, including technical assistance and warranty coverage.
The partnership also explores potential expansion into Globalstar’s satellite, Band n53 spectrum, and IoT solutions.
Dr. Paul E. Jacobs, CEO of Globalstar, emphasized the significant market potential for their technology in the regions served by Liquid.
He highlighted the unique capabilities of the XCOM RAN product in enabling mission-critical wireless applications, particularly when combined with Globalstar’s n53 midband spectrum.
The partnership aims to accelerate the deployment of advanced wireless technology across Africa, the Middle East, and the Gulf.
The Bimalab Africa Insurtech Accelerator Program has secured a significant funding boost of $600,000 from the Swiss Re Foundation.
Grid Africa has secured a significant equity investment of $2.8 million from Rifuwo Energy Partners to accelerate its renewable energy projects across South Africa.
Egypt’s T-Vencubator, a prominent venture capital firm and incubator, has unveiled its initial investment program, which aims to back five startups by 2025.
© 2021 Empower Africa. All rights reserved.