Newlans Announces Strategic Investment and Technology Development Agreement with In-Q-Tel
Acton, Massachusetts (PRWEB) August 21, 2014 -- Newlans, Inc., a technology innovator in RF solutions, today announced it has entered into a strategic investment and technology development agreement with In-Q-Tel, Inc. (IQT), the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.
“We are excited to be working with In-Q-Tel to accelerate the development of next-generation components that will enable high quality programmable RF filters,” stated Dev Gupta, CEO of Newlans, Inc. “This collaboration will speed the development of tunable RF solutions, leading to robust and versatile electronics products for the consumer and government markets.”
Since the inception of the mobile phone, the area between the antenna and transceiver has changed little with regard to architecture and level of integration. With the prolific expansion of LTE bands and worldwide adoption of Carrier Aggregation, multiband, multi-mode mobile devices are becoming increasingly difficult to design in a cost-effective way. Newlans has developed breakthrough technology that will change the way future RF front ends of mobile communication devices are implemented.
“The Newlans approach represents a step forward in analog signal processing technology,” said Megan Anderson, Vice President of IQT’s Field Deployable Technologies Practice. “We believe the company’s high quality tunable RF components have the potential to address a number of wireless communications challenges for IQT customers and the broader commercial market.”
The funding from IQT builds on the company’s strong recent investment activity. In April 2014, Newlans closed a Series B investment round of $20 million from Intel Capital, Verizon Ventures and existing investors including Paladin Capital and other corporate partners. That funding is being used to accelerate the company’s development and commercialization of its Programmable Duplexer targeting front-end radio frequency modules for 4G LTE mobile devices and small cells.
About IQT
In-Q-Tel is the not-for-profit, strategic investment firm that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT’s mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. For more information, visit http://www.iqt.org.
Investor Enquires:
Divi Gupta
Chief Operating Officer
dgupta(at)newlans(dot)com
Product Enquires:
Barry Waxman
Vice President of Sales & Marketing
bwaxman(at)newlans(dot)com
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Barry Waxman, Newlans Inc., http://www.newlans.com, +1 978-397-2838, [email protected]
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