5G:

Telecom equipment maker Movandi inks pact with Korea’s Doosan Group

Irvine-based wireless 5G telecom equipment firm Movandi announced Jan. 6 a new partnership with Korean conglomerate Doosan Group to manufacture smart repeater modules, which increase the range of home security products by using Movandi’s “barrier penetrating” Beam XR technology.

Movandi, launched in 2016 by former Broadcom executives, is a 5G millimeter-wave developer focused on creating new semiconductor technology across multiple industries.

A Consumer Electronics Show (CES) 2022 Innovation Awards Honoree, Movandi is helping customers increase performance and [reduce] the cost of 5G deployments” in “a growing world population,” said Movandi Chief Executive and co-founder Maryam Rofougaran.

The company has raised about $67.4 million in funding to date.

Together, Movandi and Doosan will deliver BeamXR-powered platforms, including radio units, small cells and mobile devices, to global providers of 5GmmWave networks.

“Movandi’s manufacturing partnership with Doosan will accelerate our market momentum in rolling out BeamXR smart repeater technology to key 5G ecosystem players around the world who share our commitment to realizing the 5G vision with rapid, cost-effective mmWave deployments,” Rofougaran said.