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Wednesday, August 29, 2018 9:48:07 AM
Hammer Fiber (HMMR) Driverless Car Tracking in Rural Areas
HMMR Could Provide Tracking Network for Driverless Cars in Rural Areas
(NEW YORK)– Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) has all the makings to develop a tracking network, such as a digital traffic cop, for the coming explosion of driverless cars and drones, especially in more rural areas.
Hammer Fiber recent acquisition of spectrum licensing in the 3.5 GHz band from 3.650 GHz 3.700 GHz is part of Hammer Communications efforts to focus on its proprietary Wireless AIR technologies ability to support a variety of wireless applications.
Hammer’s wireless system is already capable of working in the CBRS band, in conjunction with numerous other frequencies, Hammer Communications now has a head start in future CBRS development and has reached a major milestone in their “Everything Wireless” approach to broadband and data connectivity.
The Company recently signed a deal with AI VentureTech, and New York based Artificial intelligence research firm, to assist them in developing a team to develop a 5G Cloud Platform off their broadband network. (read more)
This could open the door for HMMR to build a number of applications for autonomous vehicles and drones to assist them in tracking locations, and operations, especially in more rural areas. Most of these driverless vehicles may operate off the main 5G networks being developed by such names as Verizon and AT&T, but HMMR’s expertise to operate into more rural areas out of these signals could make them the carry-over carrier to allow driverless operations into rural communities, and areas where the larger carriers don’t cover.
With 2019 expected to be a major year for the roll-out of driverless cars and 5G then HMMR is one stock to watch as possible trade in this area.
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About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Communications, that offers internet, voice, video and data services in New Jersey, through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. The Hammer Wireless Air technology can support a variety of applications including mobile to mobile, wireless DOCSIS, IoT and Smart City support as well as pre-5G network applications. For more information visit http://www.hammerfiber.com
About AI VentureTech, Inc.
AI Venturetech, Inc. is a technology startup accelerator that seeks to invest, or provide corporate advisory services, for companies primarily focused in the artificial intelligence, automation, and fintech technology industries. We offer our network of funds, and institutional investors, an ideal way to invest in early stage companies focused on automation and business analytics, data mining, artificial intelligence, visualization tools, and predictive modeling, and cloud advanced analysis. We work with our clients, and investment funds, for the ultimate goal of listing these projects on a public exchange. http://www.aiventuretech.com
Forward-Looking Statements This document contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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Recent HMMR News
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 05/08/2024 04:27:17 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/16/2024 04:33:37 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 10/30/2023 08:30:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/22/2023 04:28:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/14/2023 09:46:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/01/2023 06:12:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2023 11:53:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2023 05:32:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/07/2023 03:34:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/24/2023 04:50:22 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/12/2023 02:17:50 PM
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