Government of Canada assistance will accelerate growth and product roadmap
OTTAWA, ON – June 25, 2024 – thinkRF today announced a $2M investment by the Government of Canada Federal Economic Development Agency for Southern Ontario (FedDev Ontario) designed to accelerate growth and new feature development.
“Wireless is ubiquitous, allowing our mobile devices to stay connected. Until now, though, service providers and regulatory agencies lacked the tools to easily monitor performance,” said Tarek Helaly, President, thinkRF. “We are on a mission to revolutionize wireless network intelligence and monitoring.”
“This announcement is a testament to our team’s innovation, commitment, and hard work as we scale our company globally,” said Jim Roche, CEO, thinkRF. “We are grateful for the strong and continuing support of our efforts by the Government of Canada.”
The Honourable Jenna Sudds, Minister of Families, Children and Social Development and Member of Parliament for Kanata-Carleton and Member of Parliament for Ottawa West-Nepean; and Yasir Naqvi, Parliamentary Secretary to the Minister of Health and Member of Parliament for Ottawa Centre made the announcement in Kanata Research Park, the nation’s largest tech park and home to thinkRF headquarters.
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About thinkRF
We are revolutionizing network analytics and spectrum intelligence. We provide an autonomous, continuous IoT cloud centric approach to network monitoring and intelligence, delivering a richer characterization of spectrum usage at a fraction of the cost.
Our platform, Spectrum eXperience Management (SXM) provides real-time and autonomous spectrum intelligence and monitoring. SXM continuously characterizes network usage in an area, uploading data to the cloud where it’s aggregated across the SXM network. From this aggregated data, we derive valuable insights, empowering clients and subscribers to optimize billions of dollars in annual spending on spectrum acquisition and network planning.
For more information, visit www.thinkrf.com, contact info@thinkrf.com or on Twitter, LinkedIn and YouTube.
About FedDev Ontario
For over 15 years, the Government of Canada, through FedDev Ontario, has worked to advance and diversify the southern Ontario economy through funding opportunities and business services that support innovation, growth and job creation in Canada’s most populous region. The Agency has delivered impressive results, which can be seen in southern Ontario businesses that are creating innovative technologies, improving productivity, growing revenues, creating jobs, and in the economic advancement of communities across the region. Learn more about the impact the Agency is having in southern Ontario by exploring our investment profiles, our Southern Ontario Spotlight, and FedDev Ontario’s X, Facebook, Instagram and LinkedIn accounts.