Ethernity Networks News
44 articles
Ethernity Networks achieves strong growth and strategic advancements in 2023
Ethernity Networks Ltd reported a significant growth in its 2023 performance, with a 29% increase in revenue and a 46% increase in gross profit. The company also reduced its annual loss and improved cash collections. CEO David Levi highlighted the companys strategic advancements, including the accelerated development of its Universal Edge platform and a shift from offering FPGA SoC components to comprehensive system products. This has reduced product deployment time and could lead to faster revenue generation. The company continues to support existing customers and is actively developing a second-generation product. It is also engaging with new and legacy customers across various sectors.
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Ethernity Networks Full Year 2023 Earnings: US$0.044 loss per share (vs US$0.10 loss in FY 2022)
Ethernity Networks has released its full year results for 2023, showing a revenue of US$3.78m, up 29% from FY 2022. The companys net loss was US$6.36m, a 21% improvement from the previous year. However, the companys shares are down 12% from a week ago. The article also mentions that there are 6 warning signs for Ethernity Networks that investors should be aware of.
Ethernity Networks forecasts substantial growth with new OEM engagements
Ethernity Networks Ltd is in advanced discussions with two Original Equipment Manufacturer (OEM) customers, testing the Universal Edge Platform 2025 (UEP2025) platform for launching solutions targeting distinct markets. These engagements are expected to significantly enhance Ethernitys revenue in 2024. The increasing demand for high-capacity Carrier Ethernet Access switches is driven by the widespread adoption of cloud services and the surge in video conferencing and AI applications. The company also offers versatile business models to meet OEM customer needs.
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Ethernity Networks says US government's BEAD programme presents big opportunities
Ethernity Networks Ltds Vice President of Marketing and Business Development, Ilan Tevet, discusses the companys growth opportunities following the US governments Broadband Equity, Access, and Deployment (BEAD) Program. The program, aimed at enhancing broadband accessibility in rural areas, has expanded to a $42 billion initiative. Ethernity Networks, with its experience in Carrier Ethernet and GPON, is positioned to offer innovative solutions catering to the evolving needs of both fixed wireless vendors and ISPs. This alignment with market transitions and funding incentives allows Ethernity Networks to anticipate further expansion and influence in the broadband infrastructure sector.
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Ethernity Networks CEO looks forward to 2024 after "reviving" business in H2
Ethernity Networks Ltds CEO, David Levi, has given a trading update for 2023, a year he described as extremely challenging. Despite the difficulties, Levi highlighted some positive aspects, including the collection of $4.5 million, an increase in gross margin, and an improvement in the companys cash position during the second half of the year. He described the actions taken during this period as a successful revival of the business operation. Looking forward to 2024, Levi expects the company to generate positive cash flow and plans to improve the balance sheet to attract new customers.
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Insider Buyers At Ethernity Networks Recover Some Losses, But Still Down US$38k
Insiders at Ethernity Networks Ltd. have seen a recovery of their losses as the companys stock rose by 39% last week. The largest insider purchase in the last 12 months was made by the companys founder, Shavit Baruch, who bought UK£47k worth of shares. Despite the share price being higher than the recent price, this suggests confidence in the companys future. Insiders currently own 6.5% of Ethernity Networks shares, worth about UK£204k. There have been no insider transactions in the last three months, but the transactions over the last year are seen as encouraging.
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אחרי שצברה חובות של כ-12 מיליון שקל: אטרניטי נטוורקס מבקשת עיכוב הליכים | כלכליסט
This Ethernity Networks Insider Increased Their Holding By 13% Last Year \
Over the last year, insiders at Ethernity Networks Ltd. have been net buyers of the companys shares. The biggest insider purchase was by Founder Shavit Baruch, who bought UK£47k worth of shares at a price higher than the current share price. This suggests that the insiders view the stock as good value. Ethernity Networks insiders own 11% of the company, worth about UK£439k. There have been no insider transactions in the last three months.
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Ethernity Networks CEO has "put his money where his mouth is"
Ethernity Networks Ltd CEO David Levi discusses the companys progress towards its goal of growing revenues by 300% this year. Levi expresses confidence in the companys prospects and mentions his participation in the recent fundraising round.
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Ethernity Networks make progress with major fibre controller contract
Ethernity Networks Introduces the UEP3808 Combo PON OLT
Ethernity Networks has introduced its latest product, the UEP3808 Combo PON OLT, a data processing semiconductor technology for networking appliances. The UEP3808 can serve as a complete OLT with software or as a white box offering for OEMs to port their own software on the platform. It can incorporate two or four FPGAs in a single OLT equipped with Ethernitys PON OLT controller semiconductor IP, enabling a variety of flexible port configurations. The company is confident that this platform will address the specific deployment needs of the Wireless Internet Service Providers market.
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Ethernity Networks Introduces the UEP3808 Combo PON OLT
Ethernity Networks has introduced its newest product, the UEP3808 Combo PON OLT, which offers both XGS-PON and GPON optical line termination. The product can serve as a complete OLT with software or as a white box offering for OEMs. It incorporates Ethernitys PON OLT controller semiconductor IP and can offer flexible port configurations. The UEP3808 also has the capability to serve as an aggregator and bonding unit for multiple appliances. Ethernity Networks believes that this platform will address the specific deployment needs of the WISP market. The company is running a live demo of its link bonding technology at WISPAmerica.
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Ethernity Networks believes year-on-year trebling of revenues "achievable"
Ethernity Networks Ltd has announced the raising of £1.55mln through a placing, which the company will use to support plans to more than treble its revenues during 2023. The companys chief financial officer, Mark Reichenberg, believes the new revenue target is achievable.
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Ethernity's ENET FPGA SoC Re-Selected for Second-Gen 5G Product
Ethernity Networks has announced that its existing American OEM customer has selected its data processing system-on-chip (SoC) for its second-generation wireless base station node product. The customer has contracted with Ethernity to provide complete IP networking functionality for a double-capacity second-generation Fixed Wireless Access base station node product. Ethernity will incorporate its technology on newer FPGAs, with development anticipated to be completed during H1 2023. This is the second follow-on contract for Ethernity in recent weeks.
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Ethernity Networks Eases Video Broadcasting over Wireless
Ethernity Networks announces a live demo of its patented link bonding technology, which enables multi-channel transmission over multiple connections, maintaining video stream quality despite wireless link performance degradation. The companys forthcoming UEP2025 network appliance will host and enable the link bonding technology, offering improved transmission of data-hungry applications across multiple channels. Ethernity is showcasing the technology at NetworkX in Amsterdam. The link bonding technology is agnostic to radio technology, providing operators with more flexibility in planning their network infrastructure.
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Ethernity Networks Lands $4.6M Follow-On Contract for Fiber-to-the-Room Devices
Ethernity Networks, a supplier of networking processing semiconductor technology, has signed a new $4.6 million contract with an existing customer, a Chinese broadband network OEM. Under the contract, Ethernity will supply system-on-chip (SoC) devices with support for Gigabit Passive Optical Networking (GPON) Optical Line Termination (OLT), adapted for Fiber-to-the-Room (FTTR) deployments. This is the second major contract with this customer, following an original $3M GPON/XGS-PON OLT SoC order in October 2021. The new contract is the largest single FPGA volume-based contract that Ethernity has entered into to-date.
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Ethernity Networks Lands $4.6M Follow-On Contract for Fiber-to-the-Room Devices
Ethernity Networks has signed a $4.6 million follow-on contract with a Chinese broadband network OEM. The contract involves supplying system-on-chip (SoC) devices with support for Gigabit Passive Optical Networking (GPON) Optical Line Termination (OLT) for Fiber-to-the-Room (FTTR) deployments. This is the second major contract with the customer, following an original $3 million order in October 2021. The new contract brings the total value of contracts with the customer for Ethernitys PON technology to $7.6 million. The company sees this as an opportunity to tap into the growing FTTR market and generate significant additional revenue flows.
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Ethernity Networks to Commence Trading on OTCQB Market in USA
Ethernity Networks ordinary shares will begin trading on the OTCQB Venture Market in the United States. This cross-trading facility allows the company to expand its reach into a broader pool of investors and potentially enable greater liquidity in its ordinary shares. The OTCQB quote will provide transparency and disclosure for investors. Ethernity Networks has appointed Harbor Access as its US-based strategic investor relations firm and B. Riley Securities, Inc. as its OTCQB Sponsor. The CEO of Ethernity Networks is thrilled about the opportunity to open trading and investment in the company to the North American investor community. The company has strong sales growth and a high-profile North American customer in the 5G space.
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אתרניטי מגייסת 2 מיליון דולר למעבר לייצור המוני - Techtime - חדשות אלקטרוניקה והייטק
Ethernity Networks, an Israeli communication company, has signed an agreement with 5G Innovation Leaders Fund for a $2 million stock issuance. The funds will help the company move to mass production of its high-performance communication router, UEP2025. The production was originally planned for early 2021 but was delayed due to the COVID-19 pandemic. The company aims to start mass production in the last quarter of the year. The UEP2025 router is part of the companys EUP router family, designed to manage communication between edge devices and 5G networks. Ethernity Networks also provides FPGA-based processing and load balancing solutions. In October 2021, the company announced its largest deal, supplying routers to a Chinese communication provider worth approximately $3 million.
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Ethernity Networks Successfully Raises $6.2 Million - Ethernity Networks
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Ethernity Networks Granted New Patent
Ethernity Networks has been granted a US patent that enables the company to overcome operator issues with wireless transmission. The patent describes a data distribution system that allows the transmission of a single data flow along multiple wireless streams, maximizing efficacy using network functions such as load balancing. The primary applications for this patent are SD-WAN and wireless backhaul deployments. Ethernity Networks CEO, David Levi, expressed excitement about the patent and mentioned that the applications related to it are being discussed with prospective customers. This patent adds to Ethernitys existing patents and highlights the quality of the companys innovation.
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Ethernity Networks improved internet and cellular data in a COVID world
The article discusses the telecom-related changes brought by COVID-19 and how Ethernity Networks solutions are well-positioned to address them. The three significant changes mentioned are the focus on increasing internet bandwidth, accelerating 5G deployments, and improving household internet with fiber-to-the-home (FTTH). The increased demand for internet bandwidth due to remote work and learning has put a strain on networks, leading to the need for improved bandwidth and reduced latency. 5G infrastructure is seen as a solution to alleviate the burden on wired networks and provide internet access in remote locations. Additionally, fiber-to-the-home is highlighted as an attractive option for households experiencing strain on their current broadband internet. Ethernity Networks offers FPGA-based SmartNICs that enable these technologies.
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Ethernity Networks Delivers ACE-NIC100 to Major Server Vendors
Ethernity Networks has delivered its 5G Distribution Unit (DU) FPGA implementation for telco OpenRAN trials to three Tier-1 server vendors. The server vendors will evaluate Ethernitys DU offering and work on an upgraded version. The DU implementation offers ten 10GE/25GE ports and in-house Sync technology. It also has an option to include complete router functionality, eliminating the need for an external cell site router. The testing requests for the DU implementation are in line with telco operators plans to move to OpenRAN. Ethernity Networks aims to maintain its edge in the market by integrating additional functionality on its existing DU implementation.
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Ethernity Networks Announces 5G DU vRouter Solution
Ethernity Networks has developed a solution that aggregates 5G traffic and provides virtual routing within the 5G Distributed Unit (DU). The solution eliminates the need for an external cell site router, saving physical space, power, and CPU cores. It uses the companys ACE-NIC100 FPGA SmartNIC and supports up to 150Gbps of data burst from the 5G Radio Units (RU). The solution is available for 3rd-party vRouter software integration and will be available for field trials with Ethernitys own vRouter software in Q1 2021.
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Ethernity Networks Introduces Pay-As-You-Go 200G 5G UPF Offload Solution
Ethernity Networks has developed a 200Gbps 5G User Plane Functionality (UPF) offload solution based on its existing ACE-NIC100 FPGA SmartNIC. This solution allows operators to invest in stages as demand for 5G grows. The company has developed a flexible 400Gbps fabric to cascade two of its ACE-NIC100 FPGA SmartNICs within a single server, enabling a pay-as-you-go model. The solution provides 100Gbps of routing and UPF offload from the server CPU to its onboard FPGA, and a second ACE-NIC100 can be easily integrated when sufficient demand exists for 200Gbps. This approach allows operators to scale their investment as necessary and free up server CPU space for other functions. The article highlights the benefits of Ethernitys solution for network operators and the cost savings it offers.
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Ethernity Networks Signs Second Design Contract With North American Tier-1 OEM
Ethernity Networks has signed a second design win contract with a North American tier-1 telecommunications OEM customer. The company will supply its ENET Switch and Traffic Manager firmware to support performance of 200Gbps on the customers new xPON optical light termination (OLT) device. The customer intends to deploy its new OLT platform in H2/2021, generating significant ongoing royalty streams for Ethernity Networks. This contract highlights the value of Ethernitys networking functionality and its ability to build strong partnerships with industry leaders.
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Ethernity Networks Recognized as a Vendor to Watch in Gartner Market Trends: Function Accelerator Cards Disrupting Traditional Ethernet Adapter Market Report
Ethernity Networks has been named as a Vendor to Watch in a Gartner research report on function accelerator cards (FACs). The report predicts that by 2023, one in three network interface cards (NICs) shipped will be a FAC. Ethernity Networks ACE-NIC100 is highlighted for its flexible IO capabilities and hardware acceleration. The company sees this recognition as validation for its role in 5G deployment and expects a major breakthrough in the coming year.
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Ethernity Networks Launches New ENET-D Ethernet Controller FPGA Engine
Ethernity Networks has introduced its ENET-D, an add-on Ethernet Controller technology that offers performance acceleration for networking and security appliances. ENET-D eliminates the need for proprietary hardware on a network interface card and adds flexibility to the network while saving on operating expenses. It can be combined with Ethernitys ENET Flow Processor and run on their ACE-NIC100 FPGA SmartNIC. The introduction of ENET-D supports the disaggregation of 5G networks and reduces operating costs for operators. Ethernity Networks provides comprehensive networking and security solutions on programmable hardware for telco/cloud networks.
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Ethernity Networks soars on Chinese deal
Israeli company Ethernity Networks has seen a significant increase in its share price after signing a contract with Chinese communications equipment manufacturer FiberHome. Ethernitys programmable hardware component, SmartNIC, will be used by FiberHome to reduce energy consumption and costs, and support tens of thousands of subscribers. The partnership will enable FiberHome to market the final product, which includes Ethernitys component, to its customers, including China Telecom and Unicom. Ethernitys share price has tripled since hitting bottom in November 2018, reaching £0.60 and a market cap of £15.5 million. Ethernity Networks reported a loss of $2.5 million in 2018 but expects growth from 2020 onwards.
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Ethernity Networks Releases Modular Programmable Universal Edge Platform - Ethernity Networks
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Ethernity Networks Introduces Affordable Programmable VPN Gateway - Ethernity Networks
Ethernity Networks has introduced its ENET VPN Gateway, which offloads security functions from the CPU to the FPGA and uses Host Bypass for enhanced security at a lower cost. The gateway integrates open source Libreswan software and offers programmability for future integration of other software and functions. The Host Bypass feature isolates traffic, packet editing, and encryption to the FPGA, bypassing the CPU. The ENET VPN Gateway can be extended for IoT deployments and incorporated into SD-WAN infrastructure. The product has been praised for its integration of open source security code with FPGA SmartNIC data acceleration.
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Ethernity Networks Releases Affordable, All-Programmable 100G ENET vRouter - Ethernity Networks
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Ethernity Successfully Completes Delivery of Its ACE-NIC100 for Major Korean OEM - Ethernity Networks
The article discusses the importance of verifying the security of a site connection. It emphasizes the need to ensure that the connection is secure before proceeding.
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Ethernity Networks Signs Contract With Tier 1 North American Defense Contractor
Ethernity Networks has signed a contract to supply a tier 1 North American aviation and defense OEM with its ENET Switch/Router firmware and software. This contract represents significant short-term revenue for Ethernity and is the second recently announced contract with a tier 1 OEM within the past five weeks. The market trend of using FPGA-based platforms instead of ASICs for networking functionality is expected to create greater business opportunities for Ethernity. The CEO of Ethernity Networks, David Levi, stated that this contract confirms the value of their networking solutions in various market sectors.
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Ethernity Networks' ENET Flow Processor Firmware Integrated on North American Tier 1 Vendor's FPGA-Based Fibre-To-The-Home OLT Platform
Ethernity Networks has signed a contract to supply its ENET Switch and Traffic Manager firmware for a North American tier 1 telecommunications OEM. The contract is expected to generate significant short-term revenue and ongoing future royalty streams. Ethernitys firmware has been integrated into the OEMs fibre-to-the-home optical networking platform for advanced broadband services. Discussions are underway to expand the partnership to include Ethernitys firmware and software on the customers broadband switch and router platforms. The ENET solution was customized to fit the customers existing platform and offers hierarchical traffic management, switching, and access control list functionality. Ethernitys CEO believes this agreement is the first of many similar agreements with customers in the future.
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Ethernity Networks Introduces Market's First All-Programmable 10G G.fast DPU Flow Processor SoC With Integrated XGS-PON
Ethernity Networks has announced the introduction of the ENET 4820ZXP/99 distribution point unit (DPU) flow processor, a new addition to its FPGA-based G.fast System-on-Chip (SoC) family for the broadband market. The flow processor offers a 10G G.999.1 interface and integrated XGS-PON ONU MAC on a single low-cost FPGA SoC. It is optimized for next-generation G.fast broadband services and supports up to 24 modems. The integration of multiple capabilities into a single FPGA SoC is made possible by Ethernitys patented technology, resulting in an 80% die size reduction. The ENET 4820ZXP/99 will be available in March 2019.
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Ethernity Networks focused on the long term as it continues transition
Ethernity Networks to Offer Complete Networking Solutions with Aricent's Software Suite
Ethernity Networks has announced a partnership with Aricent to provide comprehensive networking solutions. Ethernity will now offer its customers high-performance solutions that include its ENET Flow Processor firmware and Aricents Carrier Ethernet Switch Router (CESR) software suite. This collaboration will enable Ethernitys partners and customers to accelerate their product development and stay ahead of the competition. The addition of Aricents software will also feature in Ethernitys next generation ACE-NIC. The new product offers 100G performance on programmable FPGA to offload networking and security functions. Initial orders for the new ACE-NIC will be available in Q3 of 2018.
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Ethernity Networks Enhances ENET Flow Processor SoC with IPSec
Ethernity Networks up 36% in two week since IPO
Israeli technology company Ethernity Networks went public on the London AIM stock exchange with a market cap of £45 million. The companys market cap has since increased to £62 million following a 36% jump in share price. Ethernity provides a technological solution for faster and cheaper performance on communications networks. The company plans to work with large companies and expects significant sales growth in the coming years. Ethernity raised £15 million in its IPO, with excess demand from investors. The company did not dilute existing investors holdings in the offering. Ethernitys CEO, David Levi, previously founded another company that was acquired for $230 million.
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Ethernity Networks raises $19.2m in AIM IPO
Israeli data network processing technology developer Ethernity Networks has raised £15 million ($19.2 million) through an IPO on Londons AIM. The IPO was based on a total of 32,518,186 new and previously existing shares, giving the company a valuation of £45 million ($58 million). Ethernity develops data network processing technology used in high-end Carrier Ethernet applications. The companys product is installed in over 400,000 systems globally. Ethernity was founded in 2004 by CEO David Levi, who also founded semiconductor company Broadlight.
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Ethernity Networks Announces Admission to AIM and First Day of Dealings;Raising £15 Million
Ethernity Networks, a data network processing technology company, has announced its admission to trading on the AIM Market of the London Stock Exchange. The company develops data network processing technology used in high-end Carrier Ethernet applications across various markets. Ethernitys core technology, protected by five US patents, improves efficiency and accelerates data processing, reducing power consumption and costs. The company has already installed its software and firmware in over 400,000 systems globally. The admission to the AIM Market will increase the companys profile and credibility as it seeks to develop its core markets. The proceeds from the placing will be used to strengthen the companys balance sheet, invest in R&D activities, and increase marketing efforts.
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Ethernity Networks Launches Flow Processing Network Interface Cards (NICs) for SDN and NFV Acceleration
Ethernity Networks has announced a platform to supplement Network Function Virtualization (NFV) solutions with ACE-NIC, a hardware acceleration Network Interface Card. The ACE-NIC accelerates performance of NFV platforms by 50 times, reducing latency. It is equipped with 4 x 10GE ports and is designed for FPGA SoC based on Ethernitys ENET flow processor. The ACE-NIC is currently available with 4 10GE ports or single 40GE. Telrad Networks has leveraged Ethernitys ENET platform to develop an NFV EPC.
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