Deployment Further Validates Company’s Commercialization Strategy to Expand to Both Established and Emerging Economic Centers Around the World
GigaBeam Corporation (NASDAQ:GGBM), deploying WiFiber® “wireless fiber optics” technology to economic centers across the globe, announced today that it has received an order for one WiFiber link from a direct sale to a new customer in the United Kingdom, opening up a new market for the Company’s next generation products.
GigaBeam’s WiFiber technology is similar to terrestrial fiber in terms of speed and reliability. WiFiber has a substantial advantage over terrestrial fiber because it can be rapidly deployed and costs significantly less to deploy than terrestrial fiber. Terrestrial fiber can take months to deploy and also require significant regulatory and environmental approvals prior to installation.
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