xG Technology provides radio network technology that enhances wireless broadband networks.
Business Model:
Revenue: $0
Employees: 51-200
Address:
City: Sarasota
State: Florida
Zip:
Country: United States
xG Technology designs, develops and deploys software-defined mobile communications solutions that make wireless systems more flexible, intelligent, accessible, affordable, and reliable. Its patented intellectual property portfolio includes 60 U.S. and over 130 international patents and pending patent applications, and covers a broad range of applications, including cognitive (intelligent) radio, interference mitigation, and self organizing wireless network technologies .The company has commercialized some of these innovations to create xMax:registered:, a private fixed and mobile wireless broadband system that delivers cost-effective voice, video and data services for a variety of industries including emergency management, military/DoD, rural telecommunications, municipal governments, public utilities and critical infrastructure.
Contact Phone:
Contact Email:
Listed Exchange:
NASDAQ
IPO Date:
7/19/2013
IPO Valuation:
$58M
Ticker Symbol:
XGTI
IPO Price:
$5.5/share
Amount Raised:
$7M
Opened: -/share
EBITDA | - |
Total Cash | - |
Total Debt | - |
Total Revenue | - |
Total Profit (Gross) | - |
PE Ratio | - |
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2015 | Post-IPO Equity | $1.6M | 12/2009 | Funding Round | 1 | - |
Blooston, Mordkofsky, Dicken, Duffy &a; Prendergast Blooston, Mordkofsky, Dicken, Duffy &a; Prendergast |
5/2018 | Post-IPO Debt | $4M | 12/2009 | Funding Round | 1 | - |
Blooston, Mordkofsky, Dicken, Duffy &a; Prendergast Blooston, Mordkofsky, Dicken, Duffy &a; Prendergast |
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