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SOLiD Awarded $27.68 Million NTIA Grant for Open RAN Development Project
Dec 19, 2024•over 1 year ago
Contract Type
partnership
Description
SOLiD has been awarded a $27.68 Million grant from the U.S. National Telecommunications and Information Administration (NTIA) to advance its Open RAN technology development for neutral-host, in-building 5G network service. The grant is intended to support the research and development of O-RAN-compliant products, enabling more efficient, scalable, and cost-effective design, deployment, and maintenance of in-building 5G networks.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months