Shares of QUALCOMM, Inc. (NASDAQ:QCOM) ended Friday session in red amid volatile trading. The shares closed down -2.17 points or -3.46% at $60.52 with 10.63 million shares getting traded. Post opening the session at $62.01, the shares hit an intraday low of $60.50 and an intraday high of $62.29 and the price vacillated in this range throughout the day. The company has a market cap of $86.10 billion and the numbers of outstanding shares have been calculated to be 1.47 billion shares.
QUALCOMM, Inc. (QCOM) on Sept. 6, 2016 announced that its subsidiary, Qualcomm Technologies, Inc. (QTI) and AT&T, will test Unmanned Aircraft Systems (UAS), or drones, on commercial 4G LTE networks.
The trials will analyze how UAS can operate safely and more securely on commercial 4G LTE and networks of the future, including 5G. The research will look at elements that would impact future drone operations.
The team will look at coverage, signal, strength and mobility across network cells and how they function in flight. The goal of the trials and ongoing research is to help enable future drone operations, such as Beyond Visual Line of Sight (BVLOS), as regulations evolve to permit them. The ability to fly beyond an operator’s visual range could enable successful delivery, remote inspection and exploration. Wireless technology can bring many advantages to drones such as ubiquitous coverage, high-speed mobile support, robust security, high reliability and quality of service (QoS).
“The trial with a carrier with the reach and technology of AT&T is a significant step in the development of connectivity technologies for small unmanned aircraft systems (SUAS), including optimization of LTE networks and advancement of 5G technology for drones,” said Matt Grob, executive vice president and chief technology officer, Qualcomm Technologies, Inc. “Not only do we aim to analyze wide-scalable LTE optimization for safe, legal commercial SUAS use cases with beyond line-of-sight connectivity, but the results can help inform positive developments in drone regulations and 5G specifications as they pertain to wide-scale deployment of numerous drone use cases.”
“Many of the anticipated benefits of drones, including delivery, inspections and search and rescue will require a highly secure and reliable connection,” said Chris Penrose, senior vice president, IoT Solutions, AT&T. “With a focus on both regulatory and commercial needs, LTE connectivity has the potential to deliver optimal flight plans, transmit flight clearances, track drone location and adjust flight routes in near real-time. Solving for the connectivity challenges of complex flight operations is an essential first step to enabling how drones will work in the future.”
Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD) ended Friday session in red amid volatile trading. The shares closed down -0.05 points or -0.54% at $9.16 with 10.21 million shares getting traded. Post opening the session at $9.13, the shares hit an intraday low of $9.05 and an intraday high of $9.30 and the price vacillated in this range throughout the day. The company has a market cap of $3.65 billion and the numbers of outstanding shares have been calculated to be 400.87 million shares.
Brocade Communications Systems, Inc. (BRCD) on Sep 7, 2016 announced the Strategic Collaboration Program to formalize and increase its level of engagement with alliance partners. A mutually beneficial program between Brocade and its named alliances, the Strategic Collaboration Program fosters an open, ecosystem-driven approach to help customers build New IP networks that can serve as a platform for innovation and for developing, delivering and securing new applications.
Old IP networks are characterized by closed systems in which innovation cycles are constrained by one vendor, interoperation is limited and costs are high. In contrast, New IP networks are open and multivendor in nature allowing organizations to accelerate their pace of innovation by tapping into a pool of resources and best-in-class technologies. The ecosystem-centric approach of Brocade’s Strategic Collaboration Program empowers vendors and customers to rapidly co-create innovative applications to stay ahead of the competition.
“An ecosystem built needs to embrace true openness,” said Ray Mota, chief executive officer and principal analyst, ACG Research. “Brocade is demonstrating the disruptive power of building such an ecosystem, and this program will help assure their customers that they will benefit from the ability to plug-and-play Brocade’s technologies across a wide group of technology partners.”