Antenova,
the integrated antenna and RF solutions company, announced today
that it has received
$6.5 million investment to accelerate the growth and expansion
of Antenova’s market leading range of RADIONOVA® RF Antenna
Modules.
Greg McCray, CEO, Antenova
said, “This additional investment
will allow Antenova to accelerate the development of the RADIONOVA
range of RF antenna modules and enable us to offer more customers
a broader range of wireless applications, chipsets and form factors
to best suit their device requirements. Antenova’s RF Antenna
Modules have been designed from inception to deliver a high performing
drop-in system solution that will work with a range of receiver
chips for the wireless application. Since Antenova launched the
world’s first GPS RADIONOVA RF Antenna Module last year,
the demand for our RF antenna modules has grown substantially,
and we have already expanded the range of GPS RF antenna modules,
which currently includes 4 chipset options and two space saving
form factor options. And, we have more modules under development.”
Antenova’s GPS RADIONOVA RF Antenna Modules are enabling
a new generation of GPS enabled mobile devices. Antenova’s
GPS RF antenna modules have been selected by leading wireless device
vendors and manufacturers worldwide, with a significant percentage
of customers from mainland China and Taiwan, where the two regions
combined account for nearly 90% of the global shipments of portable
GPS devices. Antenova’s GPS RADIONOVA RF Antenna Modules
can be found in smartphones, feature phones, ultra mobile PC (UMPCs),
PDAs, portable navigation devices (PNDs), portable media players
(PMPs), trackers and personal safety devices.
Leveraging on the success
of its GPS RADIONOVA RF Antenna Modules, Antenova has introduced
a Quad-band Cellular RADIONOVA RF Antenna
Module which is ideally suited for GSM/CDMA products and applications
such as mobile handsets, M2M (machine-to-machine) and asset tracking.
Antenova’s Quad-band Cellular RADIONOVA has already been
selected by Telecon Mobile for its innovative dual-mode handset
for the Turkish market. Other RADIONOVA products in the pipeline
include a dual-mode GPS/GSM RF antenna module and a dual-mode GPS/Bluetooth® RF
antenna module.
McCray added, “Antenova continues to be a market leader
with its high performing multi-band HDA® antennas, DATANOVA® multi-band/multi-mode
mobile broadband antennas, gigaNOVA® standard antennas and
the award winning RADIONOVA® range of RF Antenna Modules. Antenova’s
patented HDA® antennas can be found in a growing number of
handsets from 4 of the 5 top handset OEMs, including Motorola and
Samsung; DATANOVA® antennas can be found in light weight mobile
broadband enabled notebook computers from Dell and HP; and GPS
RADIONOVA is experiencing unprecedented success in the number and
breadth of applications. Our strategy is to continue to provide
our customers and partners with industry leading antennas and RF
antenna modules. The ongoing support and confidence of our investors
is a further testament to the soundness of Antenova’s business
and underpins the Company’s growth strategy.”
The new capital infusion was lead by Azini Capital Partners. Other
major investors who participated in the funding include existing
shareholders SPARK Ventures, First Ventures, Herald Ventures LP
and Loudwater Investment Partners.
For more information
please visit http://www.antenova.com |
