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Edgewater Wireless Wins Strategic Federal Grant for Advanced Wi-Fi Chip Commercialization

Edgewater Wireless Wins Strategic Federal Grant for Advanced Wi-Fi Chip Commercialization

July 9, 2025 Craig Etkin

Highlights:

  • FABrIC funding to accelerate Edgewater’s next-generation Wi-Fi semiconductor innovation.
  • $921,000 in non-dilutive funding supports Edgewater’s made-in-Canada Wi-Fi chipsets, reinforcing domestic leadership in next-generation connectivity solutions.
  • Funding to advance a $2.4M project focused on the commercialization of Edgewater’s multi-link Wi-Fi silicon for high-density, interference-sensitive environments.

OTTAWA, Ontario–(BUSINESS WIRE)–Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF), the industry pioneer in Wi-Fi Spectrum Slicing technology, is proud to announce it has been awarded $921,000 in non-dilutive funding from FABrIC, the Government of Canada’s flagship initiative to commercialize advanced semiconductor and sensor solutions. The strategic investment serves as a powerful catalyst for Edgewater’s $2.4 million development project, accelerating the time to market for its next-generation multi-link Wi-Fi silicon platform. This technology is poised to transform high-density, interference-sensitive wireless environments across residential, enterprise, and industrial IoT sectors.

Edgewater Wireless Wins Strategic Federal Grant to Accelerate Commercialization of Next-Gen Wi-Fi Chip Edgewater Wireless has secured ~$1 million in non-dilutive funding from FABrIC—Canada’s flagship semiconductor commercialization initiativeShare

“In today’s complex geopolitical environment, semiconductor innovation has become a strategic national priority,” said Andrew Skafel, President and CEO of Edgewater Wireless. “The FABrIC funding reinforces Canada’s commitment to strengthening its position in the global technology landscape. For Edgewater, it means accelerating our product roadmap, creating jobs, delivering shareholder value, and contributing to Canada’s economic resilience.”

“The Canadian semiconductor ecosystem is energized. Semiconductors are embedded in almost every aspect of daily life, and the sectors that power our economy depend on them. From sensors that detect subtle but significant health changes to complex hardware accelerators and optimized chips that run increasingly complex AI algorithms, semiconductor technology is crucial,” stated Lynn McNeil, Vice President of FABrIC. “The semiconductor supply chain is one of the world’s largest and most complicated. It draws on highly specialized materials, components, manufacturing equipment, expertise, and processes to design, fabricate, assemble, package, and test finished chips. For a country like Canada, with unique expertise in photonics, MEMS, compound semiconductors and quantum technologies, it is a rich and varied supply chain we can flourish in.”1

The strategic initiative, targeting Edgewater’s next-generation Wi-Fi baseband, is designed to address real-world performance limitations in critical residential, enterprise and IoT deployments. The project will run through December 2026 and is expected to reach TRL 6+, bolstering Canada’s vision to build domestic strength in advanced semiconductor design and manufacturing.

Mandated to secure Canada’s future in semiconductors. FABrIC lowers barriers faced by Canadian companies developing semiconductor manufacturing processes and internet-connected products and services for export into global markets. Focused on four core technologies: quantum, photonics, compound semiconductors and MEMS, it offers targeted funding for both Fabrication Process and Product development.

FABrIC forcefully connects the semiconductor sector into Canada’s major industrial performers: from the auto sector to mining, natural resources, agriculture, MedTech, aerospace, defence, and advanced manufacturing. As change and uncertainty rip through global trade relationships, forging these connections is increasingly integral to protecting the ability of these critical Canadian industries to innovate and compete.

Launched in 2024, FABrIC is a five-year, $223M project to build the national ecosystem. By fostering collaboration between industry, not-for-profits, the post-secondary community, and government, it accelerates commercialization, amplifies our competitive advantages, and maximizes the economic impact of Canada’s semiconductor sector. Domestically and internationally.

Edgewater Wireless, a FABrIC member, is proud to lead this project as part of Canada’s growing network of semiconductor innovators working to transform global communications and connectivity challenges into competitive advantages.

Edgewater invites partners, investors, and industry peers to learn more about how Spectrum Slicing is solving the challenges of high-density wireless environments by visiting: https://edgewaterwireless.com/

CMC Microsystems (https://www.cmc.ca):
Founded in 1983, CMC Microsystems (CMC) has been instrumental to the success of Canada’s semiconductor industry. Over the decades, its highly regarded training programs have fortified the pipeline of HQPs that are the bedrock of market success.

It has established cost-effective access to the sophisticated tools and technologies essential for academic research, R&D and emerging companies. During the era of globalization and subsequent fab and foundry consolidation, it negotiated critical manufacturing agreements that enabled emerging Canadian companies to prototype and test their products.

As the significance of domestic semiconductor capacity to high-performance 21st century economies clarified in the early 2020s; a new round of industrial change ignited. Fabs, foundries and other nodes across the supply chain began expanding their footprints and seeking new partnerships. In Canada, CMC Microsystems was selected by the federal government to steward a new initiative to ensure the semiconductor sector is prepared to capitalize on evolving opportunities: FABrIC.

About FABrIC: (https://fabricinnovation.ca):
​Canada’s Semiconductor Ecosystem. Accelerated.

​Mandated to secure Canada’s future in semiconductors. FABrIC lowers barriers faced by Canadian companies developing semiconductor manufacturing processes and internet-connected products and services for export into global markets. Focused on four core technologies: quantum, photonics, compound semiconductors and MEMS, it offers targeted funding for Fabrication Process and Product Development. Its training, IP registry and repository, design and prototyping services and Quantum Readiness programs support innovation and revitalize the domestic ecosystem.

​FABrIC forcefully connects the semiconductor sector into Canada’s major industrial performers: advanced manufacturing, agriculture, aerospace & defence, the auto sector, cleantech, MedTech and mining & natural resources to amplify this country’s economic performance.

​Launched in 2024, FABrIC is a five-year, $223M project funded by the Government of Canada.

About Edgewater Wireless

We make Wi-Fi. Better.

Edgewater Wireless is redefining Wi-Fi from the silicon up—delivering standards-leading innovations that create strategic value for next-generation connectivity platforms and semiconductor licensing partners. With 26 granted patents and a fabless business model, Edgewater Wireless pioneered Wi-Fi Spectrum Slicing, a breakthrough technology purpose-built to address the surging global demand for higher-capacity, lower-latency wireless networks. Edgewater is supercharging the economics of Wi-Fi. At a time when incremental performance gains are no longer enough, Spectrum Slicing offers a transformative leap: enabling multiple concurrent channels within a single frequency band. The result— 10x or greater performance and 50% lower latency—benefits all devices, including legacy hardware, without requiring changes to the client side. This architecture delivers scalable, infrastructure-friendly gains across residential, enterprise, and IoT environments. Our technology is deeply aligned with the evolving standards and shaped by collaboration with Tier-one service providers, enterprises and industry bodies.

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Although Edgewater Wireless believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Edgewater Wireless can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Edgewater Wireless’ actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Edgewater Wireless undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

1 Source: https://www.newswire.ca/news-releases/accelerating-canada-s-semiconductor-industry-fabric-announces-35-6m-total-investment-from-13-4m-funding-in-market-ready-innovation-820165666.html

Contacts

Edgewater Wireless Contacts:
Andrew Skafel, President and CEO
E: andrews@edgewaterwireless.com

Bill Mitoulas, Investor Relations
E: ir@edgewaterwireless.com
T: +1.416.479.9547

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Edgewater Wireless Systems, Ontario, Ottawa, Venture Capital

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