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COMSovereign attracts USD 5 mln in new funding

Friday 27 August 2021 | 11:58 CET | News
COMSovereign Holding, a US-based developer of 4G LTE Advanced and 5G systems and services, has signed an additional funding agreement with investor The Lind Partners, for gross proceeds of USD 5 million. This latest funding investment follows an initial USD 10 million agreement announced in May. COMSovereign said it will use the money to accelerate volume production and deliveries to customers, including a US tier-one mobile network operator.

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Categories: Mobile & Wireless
Companies: COMSovereign
Countries: United States
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