EchoStar Launches Open RAN Center For Integration And Deployment (ORCID) With $50M Public Wireless Supply Chain Innovation Fund Grant; Invites Vendors For Commercial Testing And Evaluation; State-Of-The-Art O-RAN Lab Located At Cheyenne, Wyoming Data Center
Portfolio Pulse from Benzinga Newsdesk
EchoStar has launched the Open RAN Center for Integration and Deployment (ORCID) with a $50 million grant from the Public Wireless Supply Chain Innovation Fund. The state-of-the-art O-RAN lab is located at their Cheyenne, Wyoming data center and invites vendors for commercial testing and evaluation.

July 15, 2024 | 2:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
EchoStar (SATS) has launched the Open RAN Center for Integration and Deployment (ORCID) with a $50 million grant, inviting vendors for commercial testing at their new O-RAN lab in Cheyenne, Wyoming.
The $50 million grant and the establishment of a state-of-the-art O-RAN lab are significant developments for EchoStar. This initiative could lead to new partnerships and revenue streams, positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100