Eridan Communications has filed a notice of an exempt offering of securities to raise $22,422,557.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Eridan Communications is raising up to $22,422,557.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Douglas Kirkpatrick played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Eridan Communications
Eridan is a rapidly-growing startup building 5G radios to enable abundant wireless connectivity everywhere in the world. Our MIRACLE transceiver is based on a patent-protected switching architecture that decreases the amount of power required to transmit a gigabit of data by 5-10x.
To learn more about Eridan Communications, visit http://eridan.io/
Eridan Communications Linkedin Page: https://www.linkedin.com/company/eridanhq/
Contact:
Douglas Kirkpatrick, President and Chief Executive Officer
415-308-0134
https://www.linkedin.com/in/doug-kirkpatrick-579332a/
SOURCE: http://www.intelligence360.io
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