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$ATVK RECENT NEWS! "Ameritek Ventures Projects Supply of Optical Fiber to Remain Insufficient to Meet Robust Network Demand"
GlobeNewswire•March 8, 2018
Company Advancing Towards Production of Optical Fiber Preforms
LAS VEGAS, NV , March 08, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it expects the global supply of optical fiber preforms to remain insufficient to meet industry demand through 2018. Given its outlook for sustained demand growth trends for the global technology and telecommunications industries, Ameritek recently initiated pre-production activities that it expects will enable preform production in its Roanoke, Virginia facility in early 2019.
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK Financials & Filings
Visit: http://www.otcmarkets.com/stock/ATVK/company-info to see complete details.
$ATVK Financials & Filings
Visit: http://www.otcmarkets.com/stock/ATVK/company-info to see complete details.
$ATVK According To CEO Clinton Stokes III “We are pleased to have secured access to this funding, as it represents a key step towards completing a permanent financing transaction that will enable Ameritek to advance its manufacturing and commercial objectives," stated Clinton Stokes III, Ameritek’s Chief Executive Officer. "As part of our ongoing negotiations, we see an opportunity to establish licensing agreements across multiple global jurisdictions that would provide capital from licensing fees that would fast-track the build-out and expand the manufacturing capacity in our Virginia facility. This would enable Ameritek to meet robust market demand for high-quality fiber optic preforms to the global telecommunications industry.”
https://finance.yahoo.com/news/ameritek-ventures-secures-access-more-110000153.html
$ATVK According To CEO Clinton Stokes III “We are pleased to have secured access to this funding, as it represents a key step towards completing a permanent financing transaction that will enable Ameritek to advance its manufacturing and commercial objectives," stated Clinton Stokes III, Ameritek’s Chief Executive Officer. "As part of our ongoing negotiations, we see an opportunity to establish licensing agreements across multiple global jurisdictions that would provide capital from licensing fees that would fast-track the build-out and expand the manufacturing capacity in our Virginia facility. This would enable Ameritek to meet robust market demand for high-quality fiber optic preforms to the global telecommunications industry.”
https://finance.yahoo.com/news/ameritek-ventures-secures-access-more-110000153.html
$ATVK Recent News. LAS VEGAS, NV, April 17, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has secured access to $1,050,000 in funding through a private lender. These funds are available over a 12-month period, in multiple tranches.
Ameritek is also in advanced negotiations towards securing permanent funding that will enable the execution of its strategic plan, including the assembly of a manufacturing, research and technology center in Roanoke, VA. The Company has completed concept design work and anticipates beginning equipment fabrication and assembly in the third quarter of 2018. Management anticipates launching the production of optical fiber preforms in early 2019.
$ATVK Recent News. LAS VEGAS, NV, April 17, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has secured access to $1,050,000 in funding through a private lender. These funds are available over a 12-month period, in multiple tranches.
Ameritek is also in advanced negotiations towards securing permanent funding that will enable the execution of its strategic plan, including the assembly of a manufacturing, research and technology center in Roanoke, VA. The Company has completed concept design work and anticipates beginning equipment fabrication and assembly in the third quarter of 2018. Management anticipates launching the production of optical fiber preforms in early 2019.
$ATVK Recent News! Ameritek Ventures Secures Access to More Than $1 Million in Funding Towards Executing Its Strategic Business Plan
https://finance.yahoo.com/news/ameritek-ventures-secures-access-more-110000153.html
$ATVK Recent News! Ameritek Ventures Secures Access to More Than $1 Million in Funding Towards Executing Its Strategic Business Plan
https://finance.yahoo.com/news/ameritek-ventures-secures-access-more-110000153.html
$ATVK Products
SINGLE MODE OPTICAL FIBER PREFORMS
PRODUCT DESCRIPTION
AMERITEK offers optical fiber preforms that can be drawn into G.652 optical fiber.
AMERITEK’s preforms are made to optimize the draw process time, maximize fiber yield and minimize fiber/cable cost. We offer standard sizes, configurations and can also configure our preforms to meet your existing draw conditions.
AMERITEK offers a different variety of G.652 type optical fiber which supports applications such as long haul, rural-metro-city access, cell phone and cable television networks. The use of advanced raw materials, robust design and state-of-the-art manufacturing processes make these products compatible with existing networks as well as suitable for state of the art network configurations.
SPECS
Model: Dispersion unshifted single-mode optical fiber (G.652)
Standard: IEC 60793-2-50:2008 Product Specifications-Part2-50, ITU-T Recommendation G.652:2008 Characteristics of a Single-Mode Optical Fiber and Cable, and GB/T 9771.1-2008 Communication Single-mode Optical Fiber Series Part 1: Characteristics of Dispersion Unshifted Single Mode Optical Fiber.
FEATURES
High Strength
Low Attenuation
Long Service Life
APPLICATION
To be drawn into fiber meeting G.652 single-mode optical fiber. Used in high bandwidth and long-distance transmission networks. This is the most widely used type of fiber and suitable for most communication networks.
TYPES OF OPTICAL FIBER CABLE
Cable for Aerial Applications
Direct Buried Cable
Cable for Duct Applications
Optical Fiber Ribbon Cable
$ATVK Products
SINGLE MODE OPTICAL FIBER PREFORMS
PRODUCT DESCRIPTION
AMERITEK offers optical fiber preforms that can be drawn into G.652 optical fiber.
AMERITEK’s preforms are made to optimize the draw process time, maximize fiber yield and minimize fiber/cable cost. We offer standard sizes, configurations and can also configure our preforms to meet your existing draw conditions.
AMERITEK offers a different variety of G.652 type optical fiber which supports applications such as long haul, rural-metro-city access, cell phone and cable television networks. The use of advanced raw materials, robust design and state-of-the-art manufacturing processes make these products compatible with existing networks as well as suitable for state of the art network configurations.
SPECS
Model: Dispersion unshifted single-mode optical fiber (G.652)
Standard: IEC 60793-2-50:2008 Product Specifications-Part2-50, ITU-T Recommendation G.652:2008 Characteristics of a Single-Mode Optical Fiber and Cable, and GB/T 9771.1-2008 Communication Single-mode Optical Fiber Series Part 1: Characteristics of Dispersion Unshifted Single Mode Optical Fiber.
FEATURES
High Strength
Low Attenuation
Long Service Life
APPLICATION
To be drawn into fiber meeting G.652 single-mode optical fiber. Used in high bandwidth and long-distance transmission networks. This is the most widely used type of fiber and suitable for most communication networks.
TYPES OF OPTICAL FIBER CABLE
Cable for Aerial Applications
Direct Buried Cable
Cable for Duct Applications
Optical Fiber Ribbon Cable
About $ATVK Market demand for preforms and optical fiber has continued to experience rapid growth and outpace supply, resulting in a shortage of preforms and fiber on the open market. Ameritek’s technology and operations will provide the market with world-class products at an excellent value.
About $ATVK Market demand for preforms and optical fiber has continued to experience rapid growth and outpace supply, resulting in a shortage of preforms and fiber on the open market. Ameritek’s technology and operations will provide the market with world-class products at an excellent value.
$ATVK Ameritek’s products will support the continued growth of communication networks throughout the world. Broadband, Cable Television and High Speed Internet providers will benefit from the world-class quality, excellent customer service and superior value as they expand their networks and bring information to more people globally.
$ATVK Ameritek’s products will support the continued growth of communication networks throughout the world. Broadband, Cable Television and High Speed Internet providers will benefit from the world-class quality, excellent customer service and superior value as they expand their networks and bring information to more people globally.
$ATVK Stock In Focus! 16 Million Reasons
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK Stock In Focus! 16 Million Reasons
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
ABOUT $ATVK Ameritek Ventures
ATVK - Ameritek Ventures Inc.
According to Ameritek Ventures website
ABOUT AMERITEK VENTURES
Ameritek Ventures is a manufacturer of proprietary machinery that is used to produce optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. Once produced, this optical fiber is fabricated into fiber optic cable which serves as the backbone of the multi-billion dollar telecommunication industry.
ABOUT $ATVK Ameritek Ventures
ATVK - Ameritek Ventures Inc.
According to Ameritek Ventures website
ABOUT AMERITEK VENTURES
Ameritek Ventures is a manufacturer of proprietary machinery that is used to produce optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. Once produced, this optical fiber is fabricated into fiber optic cable which serves as the backbone of the multi-billion dollar telecommunication industry.
$ATVK Latest News! LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”)
Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
“This funding represents a key milestone for Ameritek, as it will enable the Company to secure our manufacturing facility in Roanoke, Virginia, assembling of required equipment to produce optical fiber preforms at an initial annual run rate of 5 million kilometers,” commented Kenneth Mayeaux, Ameritek’s VP of Operations. “We are confident this extended operating runway and licensing opportunities will support a broad, global distribution of high-quality preforms produced in the Virginia facility, meeting the continued market demand for these vital components that are currently in short supply.”
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK Latest News! LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”)
Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
“This funding represents a key milestone for Ameritek, as it will enable the Company to secure our manufacturing facility in Roanoke, Virginia, assembling of required equipment to produce optical fiber preforms at an initial annual run rate of 5 million kilometers,” commented Kenneth Mayeaux, Ameritek’s VP of Operations. “We are confident this extended operating runway and licensing opportunities will support a broad, global distribution of high-quality preforms produced in the Virginia facility, meeting the continued market demand for these vital components that are currently in short supply.”
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK Latest News! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK Latest News! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
New Monday StockGoodie Profile $ATVK
ATVK - Ameritek Ventures Inc.
According to Ameritek Ventures website
Company Overview
Website: https://www.ameritekventures.com/
MISSION STATEMENT
To be a leading manufacturer of high-quality fiber preforms for sale to the global telecommunications industry.
ABOUT AMERITEK VENTURES
Ameritek Ventures, Inc. (ATVK) will use their own proprietary technology in the manufacturing of optical fiber preforms. They will then provide preforms to the market to then be used in the manufacture of optical fiber and finished optical fiber cable.
Ameritek’s products will support the continued growth of communication networks throughout the world. Broadband, Cable Television and High Speed Internet providers will benefit from the world-class quality, excellent customer service and superior value as they expand their networks and bring information to more people globally.
The market demand for preforms and optical fiber has continued to experience rapid growth and outpace supply, resulting in a shortage of preforms and fiber on the open market. Ameritek’s technology and operations will provide the market with world-class products at an excellent value.
They believe in the strength and ingenuity of the American manufacturing market and the people that are dedicated to bring the best of new technologies to the marketplace, right here in the place where the manufacturing industry was born.
Products
SINGLE MODE OPTICAL FIBER PREFORMS
PRODUCT DESCRIPTION
AMERITEK offers optical fiber preforms that can be drawn into G.652 optical fiber.
AMERITEK’s preforms are made to optimize the draw process time, maximize fiber yield and minimize fiber/cable cost. We offer standard sizes, configurations and can also configure our preforms to meet your existing draw conditions.
AMERITEK offers a different variety of G.652 type optical fiber which supports applications such as long haul, rural-metro-city access, cell phone and cable television networks. The use of advanced raw materials, robust design and state-of-the-art manufacturing processes make these products compatible with existing networks as well as suitable for state of the art network configurations.
SPECS
Model: Dispersion unshifted single-mode optical fiber (G.652)
Standard: IEC 60793-2-50:2008 Product Specifications-Part2-50, ITU-T Recommendation G.652:2008 Characteristics of a Single-Mode Optical Fiber and Cable, and GB/T 9771.1-2008 Communication Single-mode Optical Fiber Series Part 1: Characteristics of Dispersion Unshifted Single Mode Optical Fiber.
FEATURES
High Strength
Low Attenuation
Long Service Life
APPLICATION
To be drawn into fiber meeting G.652 single-mode optical fiber. Used in high bandwidth and long-distance transmission networks. This is the most widely used type of fiber and suitable for most communication networks.
TYPES OF OPTICAL FIBER CABLE
Cable for Aerial Applications
Direct Buried Cable
Cable for Duct Applications
Optical Fiber Ribbon Cable
Financials & Filings
Visit: http://www.otcmarkets.com/stock/ATVK/company-info to see complete details.
News Disclaimer:
Press Releases have not been investigated by StockGoodies LLC, therefore we have no idea if the content of this news is based on Fact or Fiction. Although the link for the following press release may be from a familiar and reputable news source, you should NOT assume that a press wire hosted by a website you are familiar with is accurate just because it is on their site. StockGoodies LLC will not be held responsible for any news release, including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.
April 25, 2018 - KCSA Strategic Communications
Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
https://www.ameritekventures.com/single-post/2018/04/25/Ameritek-Ventures-Signs-Definitive-Term-Sheet-for-16-Million-Private-Debenture-Financing---Net-Proceeds-to-Provide-Working-Capital-to-Drive-Manufacturing-and-Production-Plan-Execution
April 17, 2018 - KCSA Strategic Communications
Ameritek Ventures Secures Access To More Than $1 Million in Funding Towards Executing Its Strategic Business Plan
https://www.ameritekventures.com/single-post/2018/04/17/Ameritek-Ventures-Secures-Access-To-More-Than-1-Million-in-Funding-Towards-Executing-Its-Strategic-Business-Plan
March 8, 2018 - KCSA Strategic Communication
Ameritek Ventures Projects Supply of Optical Fiber to Remain Insufficient to Meet Robust Network Demand - Company Advancing Towards Production of Optical Fiber Preforms
https://www.ameritekventures.com/single-post/2018/03/08/Ameritek-Ventures-Projects-Supply-of-Optical-Fiber-to-Remain-Insufficient-to-Meet-Robust-Network-Demand---Company-Advancing-Towards-Production-of-Optical-Fiber-Preforms
March 5, 2018 - KCSA Strategic Communications
Ameritek Ventures’ Presentation Now Available for On-Demand Viewing
https://www.ameritekventures.com/single-post/2018/03/05/Ameritek-Ventures%E2%80%99-Presentation-Now-Available-for-On-Demand-Viewing
February 22, 2018 - Ameritek Ventures
Ameritek Ventures Announces Concept Design Work Has Been Completed for Production of Optical Fiber Preforms at Roanoke, Virginia Manufacturing Facility
https://www.ameritekventures.com/single-post/2018/02/22/Ameritek-Ventures-Announces-Concept-Design-Work-Has-Been-Completed-for-Production-of-Optical-Fiber-Preforms-at-Roanoke-Virginia-Manufacturing-Facility
Contact
AMERITEK VENTURES
1980 Festival Plaza Drive #530
Las Vegas, NV 89135
Ph. 877-571-1776
Fax: 941-803-0872
info@ameritekventures.com
KCSA Strategic Communications
420 Fifth Avenue 3rd Floor
New York, NY 10018
Phil Carlson Ph. 212-896-1233
Steve Silver Ph. 212-896-1220
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High Surf Alert $ATVK Has BREAKING NEWS!! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.
“This funding represents a key milestone for Ameritek, as it will enable the Company to secure our manufacturing facility in Roanoke, Virginia, assembling of required equipment to produce optical fiber preforms at an initial annual run rate of 5 million kilometers,” commented Kenneth Mayeaux, Ameritek’s VP of Operations. “We are confident this extended operating runway and licensing opportunities will support a broad, global distribution of high-quality preforms produced in the Virginia facility, meeting the continued market demand for these vital components that are currently in short supply.”
Additional information on this transaction will be available on the Company’s current report on Form 8-K that will be filed with the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK News Today! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.
“This funding represents a key milestone for Ameritek, as it will enable the Company to secure our manufacturing facility in Roanoke, Virginia, assembling of required equipment to produce optical fiber preforms at an initial annual run rate of 5 million kilometers,” commented Kenneth Mayeaux, Ameritek’s VP of Operations. “We are confident this extended operating runway and licensing opportunities will support a broad, global distribution of high-quality preforms produced in the Virginia facility, meeting the continued market demand for these vital components that are currently in short supply.”
Additional information on this transaction will be available on the Company’s current report on Form 8-K that will be filed with the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK BREAKING NEWS!! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.
“This funding represents a key milestone for Ameritek, as it will enable the Company to secure our manufacturing facility in Roanoke, Virginia, assembling of required equipment to produce optical fiber preforms at an initial annual run rate of 5 million kilometers,” commented Kenneth Mayeaux, Ameritek’s VP of Operations. “We are confident this extended operating runway and licensing opportunities will support a broad, global distribution of high-quality preforms produced in the Virginia facility, meeting the continued market demand for these vital components that are currently in short supply.”
Additional information on this transaction will be available on the Company’s current report on Form 8-K that will be filed with the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK BREAKING NEWS!! Ameritek Ventures Signs Definitive Term Sheet for $16 Million Private Debenture Financing - Net Proceeds to Provide Working Capital to Drive Manufacturing and Production Plan Execution
LAS VEGAS, NV , April 25, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has executed a binding term sheet on a private debenture financing that is expected to result in net proceeds of $16 million to Ameritek. The agreement includes provisions for the establishment of licensing agreements across multiple global jurisdictions that would provide additional capital from licensing fees to accelerate Ameritek’s commercial strategy.
“This funding represents a key milestone for Ameritek, as it will enable the Company to secure our manufacturing facility in Roanoke, Virginia, assembling of required equipment to produce optical fiber preforms at an initial annual run rate of 5 million kilometers,” commented Kenneth Mayeaux, Ameritek’s VP of Operations. “We are confident this extended operating runway and licensing opportunities will support a broad, global distribution of high-quality preforms produced in the Virginia facility, meeting the continued market demand for these vital components that are currently in short supply.”
Additional information on this transaction will be available on the Company’s current report on Form 8-K that will be filed with the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/ameritek-ventures-signs-definitive-term-201104049.html
$ATVK Recent News As an ever-growing list of devices are connected to the internet, creating an “Internet of Things (IOT)” that includes cell phones, alarm systems, thermostats, gaming systems, televisions, appliances and home automation systems, network bandwidth requirements have increased at a dramatic rate in recent years. In order to meet end-user demand, networks must increase their bandwidth in order to be able to distribute that data.
Wesley Poff, Ameritek’s Head of Technology, added, “The fiber industry is benefitting from the unprecedented growth of customer demand for data and the networks that carry that data. Optical fiber continues to be the preferred medium for the data highway. The implementation of 5G, higher internet speeds and bandwidth demand for home applications are consuming fiber at record rates, which we expect to continue for the foreseeable future.”
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK Recent News As an ever-growing list of devices are connected to the internet, creating an “Internet of Things (IOT)” that includes cell phones, alarm systems, thermostats, gaming systems, televisions, appliances and home automation systems, network bandwidth requirements have increased at a dramatic rate in recent years. In order to meet end-user demand, networks must increase their bandwidth in order to be able to distribute that data.
Wesley Poff, Ameritek’s Head of Technology, added, “The fiber industry is benefitting from the unprecedented growth of customer demand for data and the networks that carry that data. Optical fiber continues to be the preferred medium for the data highway. The implementation of 5G, higher internet speeds and bandwidth demand for home applications are consuming fiber at record rates, which we expect to continue for the foreseeable future.”
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK “To help address the supply/demand imbalance in the global data marketplace, Ameritek plans to initiate commercial operations with capacity of 5 million km/year, escalating to 20 million km/year by the end of 2021,” stated Clinton Stokes III, Ameritek’s Chief Executive Officer. “We expect Ameritek’s targeted production capacity to provide a new source of preform supply to help ease this sustained imbalance occurring across the industry.”
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK “To help address the supply/demand imbalance in the global data marketplace, Ameritek plans to initiate commercial operations with capacity of 5 million km/year, escalating to 20 million km/year by the end of 2021,” stated Clinton Stokes III, Ameritek’s Chief Executive Officer. “We expect Ameritek’s targeted production capacity to provide a new source of preform supply to help ease this sustained imbalance occurring across the industry.”
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK According to Reportlinker, global market demand for optical fiber in 2016 was in excess of 400 million kilometers (km). Over the next five years, global market demand is projected to surpass 700 million km/year by 2021. This level of expected growth is attributable to multiple segments of the global technology and telecommunications markets which utilize optical fiber as a network backbone, including mobile phone network’s implementation of 5G technologies, 4K television, higher internet bandwidths and fiber to the home installation.
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK According to Reportlinker, global market demand for optical fiber in 2016 was in excess of 400 million kilometers (km). Over the next five years, global market demand is projected to surpass 700 million km/year by 2021. This level of expected growth is attributable to multiple segments of the global technology and telecommunications markets which utilize optical fiber as a network backbone, including mobile phone network’s implementation of 5G technologies, 4K television, higher internet bandwidths and fiber to the home installation.
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK RECENT NEWS! "Ameritek Ventures Projects Supply of Optical Fiber to Remain Insufficient to Meet Robust Network Demand"
GlobeNewswire•March 8, 2018
Company Advancing Towards Production of Optical Fiber Preforms
LAS VEGAS, NV , March 08, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it expects the global supply of optical fiber preforms to remain insufficient to meet industry demand through 2018. Given its outlook for sustained demand growth trends for the global technology and telecommunications industries, Ameritek recently initiated pre-production activities that it expects will enable preform production in its Roanoke, Virginia facility in early 2019.
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK RECENT NEWS! "Ameritek Ventures Projects Supply of Optical Fiber to Remain Insufficient to Meet Robust Network Demand"
GlobeNewswire•March 8, 2018
Company Advancing Towards Production of Optical Fiber Preforms
LAS VEGAS, NV , March 08, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it expects the global supply of optical fiber preforms to remain insufficient to meet industry demand through 2018. Given its outlook for sustained demand growth trends for the global technology and telecommunications industries, Ameritek recently initiated pre-production activities that it expects will enable preform production in its Roanoke, Virginia facility in early 2019.
https://finance.yahoo.com/news/ameritek-ventures-projects-supply-optical-120000671.html
$ATVK Recent News! “We are pleased to have secured access to this funding, as it represents a key step towards completing a permanent financing transaction that will enable Ameritek to advance its manufacturing and commercial objectives," stated Clinton Stokes III, Ameritek’s Chief Executive Officer. "As part of our ongoing negotiations, we see an opportunity to establish licensing agreements across multiple global jurisdictions that would provide capital from licensing fees that would fast-track the build-out and expand the manufacturing capacity in our Virginia facility. This would enable Ameritek to meet robust market demand for high-quality fiber optic preforms to the global telecommunications industry.”
https://finance.yahoo.com/news/ameritek-ventures-secures-access-more-110000153.html
$ATVK Recent News! “We are pleased to have secured access to this funding, as it represents a key step towards completing a permanent financing transaction that will enable Ameritek to advance its manufacturing and commercial objectives," stated Clinton Stokes III, Ameritek’s Chief Executive Officer. "As part of our ongoing negotiations, we see an opportunity to establish licensing agreements across multiple global jurisdictions that would provide capital from licensing fees that would fast-track the build-out and expand the manufacturing capacity in our Virginia facility. This would enable Ameritek to meet robust market demand for high-quality fiber optic preforms to the global telecommunications industry.”
https://finance.yahoo.com/news/ameritek-ventures-secures-access-more-110000153.html
$ATVK Breakout! Don't Miss It!