www.cmc.ca, Sept. 20, 2021 –
Edgewater Wireless Inc.® (Edgewater) (TSX.V: YFI) (OTC PINK: KPIFF), and CMC Microsystems, manager of Canada's National Design Network® (CNDN), today announced a Memorandum of Understanding (MOU) for expanded technology sharing.
Under this agreement, Edgewater will provide CMC with access to their Spectrum Slicing Development Kit for IoT devices for residential and industrial applications. CMC will in-turn facilitate access to state-of-the-art design environments (CAD), prototype services (FAB) and equipment for device validation (LAB). CMC will also provide pre-fabrication support in the form of an independent design review and validation process using members of its pan-Canadian research network.
The goal of this MOU is to accelerate the commercialization of Edgewater's Spectrum Slicing silicon solutions for use in IoT applications. "Edgewater provides an innovative solution to help keep the world connected" said Gordon Harling, President and CEO of CMC. "We believe the commercial applications of their technology are enormous and will soon be essential as the Internet of Things continues to expand and create new opportunities for growth."
For Andrew Skafel, President & CEO of Edgewater, working with CMC will help get their solutions to market faster and more efficiently. "CMC has a proven track record of supporting Canadian firms and fast-tracking their growth. Their technical expertise is second to none, and they provide access to fabrication services that would otherwise be out of reach. These services will accelerate our speed to market and allow us to more quickly capitalize on the opportunity in IoT."