Tue, 27 Sep 2022

EUCAST Engages Castle Placement in Private Equity Offering

iCrowd Newswire
11 Aug 2022, 03:02 GMT+10

-News Direct- EUCAST Global, an advanced wireless LTE, CBRS, and 5G telecommunication company announced it has engaged Castle Placement to lead its capital raising initiative.

EUCAST provides wireless communication systems that allow users to access the internet whenever and wherever they want. Its advanced equipment, comprising base stations, application servers, core network, and network management systems, allows users in remote and underserved communities to access the internet. EUCAST also provides private network solutions for businesses that share confidential information and digital twin capabilities.

EUCAST is working to equip private and public entities to launch private networks, expand coverage, providing high availability and low latency solutions for users and devices alike.

In the private sector, EUCAST will be providing manufacturing, industrial, oil and gas, and mining industries with a turn-key complete coverage private network solution using CBRS and 5G spectrum on their sites. The company provides stationary and portable wireless communication systems that allow users to access the internet whenever and wherever they want - bridging the immediate need for digital technology without the process of installing complicated, costly, and time-consuming infrastructure tower projects or deep fiber extensions. EUCAST 5G base stations are also critical for the deployment of smart poles as part of the smart city initiatives that is happening throughout the U.S.

In the public sector, EUCAST offers communication service opportunities for rural areas, including schools and medical facilities, as well as sovereign tribal communities and nations that have been largely ignored by the large telecommunication carriers. Both federal and state governments have identified the lack of broadband access as a significant problem and are deploying funds to provide digital equity in America.

EUCAST recently adapted its network in a box technology for drone deployment which will allow for recovery of urgent communication capabilities in the event of emergencies or service interruptions where no communication coverage is available.

"EUCAST technology is a solution for service disruptions," Gary Sumihiro, EUCAST Executive Vice President and Board Member explained. "Our technology allows for continuous communication among users even in the event of emergencies and carrier service interruptions - with a complete network that fits into a backpack, car or ship version, and now drones. We are excited to be working with Castle Placement and bring these opportunities to expand our U.S. operations."

EUCAST is in discussions with many companies and public entities for the deployment of their technology.

Castle Placement will be assisting EUCAST on its private equity offering. Specific information on investment opportunities is available here:

https://castleplacement.com/portfolio/eucast-global/ .

"EUCAST solutions should be attractive to investors today," explained Harish Pillai at Castle Placement. "EUCAST's proven technology solves digital equity issues and enables communications that were previously considered impossible. As more public and private sector entities engage, it is becoming abundantly clear, from farming, security, production, and emergency response, the possibilities are significant. We look forward to inviting our investors to be a part of this opportunity."

EUCAST Global is part of the Colorado Smart Cities Alliance and recently announced a partnership with the University of Denver.

###

About EUCAST Global

EUCAST Global provides end-to-end advanced wireless access solutions including base stations, control servers and gateway, core network, network management systems, and user devices. EUCAST has been a leading force in the advanced wireless access technology marketplace for more than a decade.

Please visit https://eucastglobal.com/.

For more information or to schedule an interview with a Colorado-based EUCAST spokesperson, contact Dan Rene at 202-329-8357 or daniel.rene@kglobal.com. To contact EUCAST Global directly please email contact@eucastglobal.com or globalsales@eucastglobal.com.

About Castle Placement:

Founded in 2009, Castle Placement raises equity and debt capital for private middle-market companies across a broad spectrum of industries. Highly experienced investment bankers and a robust, data-driven, innovative technology platform - including artificial intelligence/machine learning - match great companies with global institutional investors. Castle Placement's proprietary app, CPGO, connects companies with investors in real-time. Over 600,000 accredited investors and 65,000 private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds, and lenders. For more information, please visit https://castleplacement.com/.

Contact Details

Dan Rene

+1 202-329-8357

daniel.rene@kglobal.com

Company Website

http://www.eu-cast.com/

View source version on newsdirect.com: https://newsdirect.com/news/eucast-engages-castle-placement-in-private-equity-offering-358868784

Tags:No PR, News Direct

More Boston News

Access More

Sign up for Boston News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!