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NetScientific invests in Edinburgh-based radio technology firm as industry begins to ‘crystallise’
NetScientific PLC (AIM:NSCI) (AIM:NSCI) Dr Ilian Iliev, the CEO joins Proactive London to talk about their £300,000 investment into Sofant Technologies, a 5G and Satcom antenna developer based in Edinburgh.
The investment is part of an £843,000 cash injection that also saw £200,000 of matched funding from the British Business Bank through the future fund initiative.
He says Sofant has made excellent progress in developing its technology, which NetScientific sees as a key component of the future wireless infrastructure.