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BridgeComm Advances Development of MOCA Technology

Tue, 23rd Feb 2021 07:00

RNS Number : 0105Q
Allied Minds PLC
23 February 2021
 

Reach

23 February 2021

 

Allied Minds plc

 

BridgeComm Advances Development of MOCA Technology with Transportable Demo

 

Allied Minds plc (LSE: ALM, "the Group"), the IP commercialisation company focused on early stage company development within the technology sector, notes the announcement by BridgeComm, an Allied Minds portfolio company, that it successfully completed a transportable demo of its Managed Optical Communication Array (MOCA) technology. BridgeComm's MOCA technology is a cost-effective solution for high-throughput secure connectivity across space, air, land and sea domains. By incorporating optical wireless communications (OWC), MOCA offers a modular and scalable laser communications solution that supports the demand for data, speed and security end-users require. BridgeComm plans to open sales of its MOCA technology to customers later this year.

 

See here for BridgeComm's release.

 

Enquiries

 

Allied Minds

c/o Instinctif Partners

 

 

Instinctif Partners

 

Kay Larsen, Rozi Morris, Hannah Campbell

AlliedMinds@instinctif.com

 

About Allied Minds

 

Allied Minds plc is an IP commercialisation company focused on early stage company development within the technology sector. With origination relationships that span US federal laboratories, universities, and leading US corporations, Allied Minds historically created, and now manages and funds, a portfolio of companies to generate long-term value for its investors and stakeholders. Based in Boston, Allied Minds supports its businesses with capital, management, expertise and shared services.

 

For more information, please visit www.alliedminds.com.

 

About BridgeComm, Inc. 

BridgeComm is a global leader in optical wireless communications solutions and services. Through a global network of ground stations designed to support complementary fixed and mobile terminals, the company provides fast, secure, enterprise-grade broadband services for a variety of markets, including space exploration, terrestrial networks for 5G connectivity and applications, and airborne lasercomm for prominent applications including intelligence, surveillance, reconnaissance, in-flight entertainment, and backhaul. More information can be found at www.bridgecomminc.com.

 

Allied Minds Forward‐Looking Statement

 

This press release contains statements that are or may be forward‐looking statements, including statements that relate to Allied Minds' future prospects, developments and strategies. The forward‐looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risks and uncertainties described in the risk factors included in Allied Minds' regulatory filings. These forward‐looking statements are based on assumptions regarding the present and future business strategies of Allied Minds and the environment in which it will operate in the future. Each forward‐looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Listing Rules and the Disclosure Guidance and Transparency Rules, neither Allied Minds nor any other party intends to update or revise these forward‐looking statements, whether as a result of new information, future events or otherwise.

 

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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NRADKNBBPBKKCBB
Date   Source Headline
11th Mar 20214:36 pmRNSPrice Monitoring Extension
1st Mar 20219:00 amRNSNotice of Results
23rd Feb 20217:00 amRNSBridgeComm Advances Development of MOCA Technology
2nd Feb 20219:33 amRNSDirector/PDMR Shareholding
22nd Jan 20214:36 pmRNSPrice Monitoring Extension

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