GCT Semiconductor (GCTS) (GVTS) announced its collaboration with Iridium (IRDM) to integrate the Iridium NTN Direct service into GCT’s advanced GDM7243SL chipset. GCT and Iridium will work together to expedite the development of a new Iridium network-enabled Narrowband Internet of Things chipset based on requirements for 3GPP Release 19. Both companies will jointly explore opportunities, business models, use cases, and commercial deployments requirements for the new Iridium network-enabled NB-IoT chipset, designed for the next wave of 5G Advanced that will integrate satellite technologies into 5G.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GCTS: