Former Magnet boss returns with ‘game changing’ cable solution | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Former Magnet boss returns with ‘game changing’ cable solution, ChasTaylor reports.

Mark Kellett, founder of KelTech IoT: ‘We can bring both power and broadband to the same cable over very long distances using renewable power in a far more energy-efficient way’

KelTech IoT, a Dublin-based, next-generation energy and infrastructure company, has developed technology that its founder, Mark Kellett, claims could be a game changer. The former Magnet Networks chief executive was speaking as the company announced plans to raise €3 million at a valuation of €25 million from backers as it seeks to scale.

KelTech IoT has developed a dual distributed network solution which allows electricity and fibre optics to run through one single hybrid cable....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines