Aira Technologies has filed a notice of an exempt offering of securities to raise $14,945,158.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Aira Technologies is raising up to $14,945,158.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Aira Technologies
Using machine learning to make wireless 10x better. Aira Technologies provides AI-powered solution suites to support Operators’ operational, energy, and spectral efficiency goals. Aira’s RANGPT is an interface using GenAI to observe, analyze, and automate networks. It’s also used to build, test and deploy simple AI classification and detection models. Together, RANGPT reduces a complex months-long process to just a few days for significant operational efficiency. Aira’s Energy Management Suite uses AI to optimize MIMO state configuration and transmit power control, along with managing radio states efficiently. The result is improved energy efficiency by ~25%. Aira’s Beam Management Suite is a deep integration with network base stations to more than double spectral efficiency, using AI to improve channel estimation and prediction, calculate beam weight accurately, and improve scheduling.
To learn more about Aira Technologies, visit http://www.aira-technology.com/
Aira Technologies Linkedin Page: https://www.linkedin.com/company/aira-technologies/
Contact:
Anand Chandrasekher, Chief Executive Officer
408-658-8782
https://www.linkedin.com/in/anandchandrasekher/
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