Telit receives purchase order for LTE automotive modules
Telit Communications
229.00p
16:40 27/08/21
Technology company with a focus on the ‘internet of things’, Telit Communications, confirmed on Friday that it received the first purchase order from an unnamed emerging North American car original equipment manufacturer for its LTE Cat6 automotive-grade module.
FTSE AIM 100
3,512.51
14:10 18/11/24
FTSE AIM 50
3,939.75
14:10 18/11/24
FTSE AIM All-Share
726.39
14:10 18/11/24
Technology Hardware & Equipment
1,920.18
16:30 25/09/24
The AIM-traded firm said its LTE Cat6 module, which obtained certification from US-based network operator AT&T in May, would provide high-speed internet connectivity and was expected to start shipping to the North American market in autumn of this year, and to other markets in 2018.
“For the past two years, we have been developing a new automotive LTE Cat6 communication module based on an Intel platform for a new set of requirements from an emerging North America car OEM,” said Telit chief executive Oozi Cats.
“Besides high-speed, the module was designed with specific attention to cybersecurity requirements in order to support reliable and comprehensive use of over-the-air software update technology.
“This is critically important for the automotive industry since so much of the car is now software defined.”