2024 has brought new product offerings, strategic partnerships, such as establishing Xtend Services FZCO together with Cloudpoint, and winning a major ESA development funding agreement to buildi Xtend 5G, an independent satellite connectivity system.
– Tobias Forsell, CEO, Forsway
Forsway people
We were delighted to introduce Senior Mobile Solution Architect, Nedim Hodzic, as a key contributor to our new ESA funded Xtend 5G and welcome Marcus Hufvudsson back to Forsway as lead developer for the new ESA-funded Forsway Xtend 5G project. Both bring extensive experience and expertise to the project.
Major business news
- Forsway secured 2.3 MEUR in funding from the European Space Agency to build a next generation 5G NTN two-way/hybrid independent satellite connectivity system in the Xtend 5G project.
- A New Venture in EdTech with Social Impact: Forsway launched a transformative venture. This new startup, Xtend Services FZCO (previously Xtend Solutions), is aimed at revolutionizing access to education in underserved areas through reliable connectivity.
Product development
- Forsway introduced the Forsway App – a comprehensive content distribution solution to live stream and multicast all types of content – a hybrid connectivity solution that can bring connectivity to people in an affordable way.
- We began shipping the Forsway Odin F-60 router – our robust, low-cost product for enabling internet connectivity, content distribution and streaming!
Growth Programs for Connectivity
- Forsway was accepted to the Bridging4Growth (B4G) programme with its Brazil initiative. Backed by the European Regional Development Fund (ERDF), B4G supports SMEs with knowledge, mentorship, and resources for international growth.
- Forsway recently become a member of the D4DHub private sector advisory group. D4D Hub is one of the main channels to translate digital transformation into actions, bringing in EU digital expertise and technology.
Wrap-up
On behalf of the entire Forsway team, I would like to thank our customers, strategic partners and friends in the market for your collaboration in 2024 and look forward to working with you again in 2025!