Full Year Statutory Accounts
Sydney, Mar 19, 2021 AEST (ABN Newswire) - The principal activities of Etherstack plc (
ASX:ESK) are design, development and deployment of wireless communications software and products.
Etherstack specialises in wireless technology. Specifically, Etherstack develops software for use in transceivers which enable the transceiver to communicate with a radio network and other transceivers.
Etherstack licenses its software and designs to companies who manufacture telecommunication equipment primarily for government public safety agencies and utilities.
Etherstack derives revenues from:
- Mission critical radio products and networks; these products may carry Etherstack brands or be sold as "white labelled" equipment (where customer puts its own brand on and sells under its own brand).
- Specialised tactical communications equipment.
- Technology licences and royalties; where Etherstack licenses its software and designs to companies who manufacture telecommunication equipment primarily for government public safety agencies and utilities.
- System solution sales; where Etherstack sells its products and software and then provides ongoing support services.
- Customisation and Integration services; and
- Ongoing Support services provided to the customer.
Etherstack has invested over $22 million into our suite of intellectual property assets over an extended period and has developed a substantial intellectual property portfolio that generates a diverse range of revenue streams from multiple technology areas, clients and regions, and from a mix of mature, new and emerging product lines.
Etherstack seeks to differentiate our Network offerings by:
- Focussing on specific industry sectors where our technology has a track record of uninterrupted performance such as government public safety services, electric utilities and mining & resources
- Providing local support in the Americas, Asia and Europe with global back up
- Ongoing investment in developing new capabilities such as unique "push-to-talk" over satellite and 4G/5G products aimed at the public safety market
Etherstack seeks to differentiate our Specialised Radio Product offerings by:
- Identifying and supplying market "gaps" where our products offer a competitive edge in terms of features, functions or price
- Leveraging small company agility to be first to market with innovative products
To view the report, please visit:
https://abnnewswire.net/lnk/XHF3K35Q
About Etherstack Plc
Etherstack (ASX:ESK) is the world's leading licensor of wireless technologies for the digital LMR industry and the Company develops wireless products for the main digital radio communications standards known as APCO P25, TETRA and DMR. Over the past 25 years, over twenty wireless equipment manufacturers have licensed LMR technologies from Etherstack for use in their products.
MCPTT over LTE is an emerging cellular standard that provides public safety grade PTT (Push-To-Talk) solutions within 4G and 5G cellular networks. Demand for MCPTT services and equipment by telecommunications carriers and end user agencies has been steadily growing in the past few years and is expected to rise rapidly over the next 36-48 months.
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