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Ethernity Networks Ltd. ( (GB:ENET) ) just unveiled an update.
Ethernity Networks Ltd has announced progress in its Passive Optical Network (PON) strategy, which is crucial for Fiber-To-The-Premises (FTTP) deployments. The company aims to integrate PON functionality into its Application-Specific Standard Product (ASSP) solution, enhancing its market position and enabling early customer engagement. This strategy is expected to generate immediate revenue and foster long-term growth by transitioning from FPGA-based solutions to commercial ASSP. Recent discussions with PON vendors at the ANGA COM exhibition have shown promising interest, potentially leading to near-term orders and future adoption of Ethernity’s ASSP. The addition of PON functionality allows Ethernity to target various vertical markets, reinforcing its transformation into a semiconductor-focused business and strengthening its position in the broadband and access infrastructure markets.
More about Ethernity Networks Ltd.
Ethernity Networks Ltd is a provider of innovative networking and security solutions on programmable hardware, enhancing telco and cloud network infrastructure capacity. The company offers semiconductor logic for data processing in various networking applications, along with patented wireless access technology and fiber access media controllers. Ethernity’s solutions are designed to quickly adapt to customer needs, accelerating time-to-market and supporting the deployment of 5G over wireless and fiber infrastructure.
Average Trading Volume: 303,851,974
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.18M
For an in-depth examination of ENET stock, go to TipRanks’ Stock Analysis page.