Boca Raton, Florida – Airspan Networks, a US based leader in wireless innovation and development, is proud to announce it has been awarded $42,729,740 from the Public Wireless Supply Chain Innovation Fund. This award, administered by the National Telecommunications and Information Administration (NTIA), reinforces Airspan’s commitment to driving U.S. leadership in next-generation wireless technologies.

This funding will accelerate Airspan’s efforts to advance Open RAN architecture by developing an extensible radio unit (O-RU) platform designed to integrate advanced features and maximize power efficiency and performance.

Glenn Laxdal, CEO of Airspan, stated: “Airspan, is proud to be a recipient of this NTIA grant to support next-generation wireless technology. Open RAN is a cutting-edge architecture that enables advanced 5G features and lays the foundation for 6G. This funding enables us to increase our technology investment and accelerate our next-generation Open RAN radios. At Airspan, we are committed to supporting the initiative of 5G leadership and innovative technology development in the United States.”