Airborne Wireless Network (ABWN)

[beer$$money]

ABWN Lousy defective lasers could add years to future development & deployment of any new technology?

Recent Developments

After exhaustive testing and related efforts, we have determined that the laser units we purchased are inherently defective and faulty. Even though the manufacturer has sent engineers to us, at our expense, the manufacturer has been unable to demonstrate that the units function and we have determined that we cannot continue with the manufacturer’s units. Simultaneously with making these units try to work, we have been seeking alternative manufacturers and are exploring those options. The Company intends to seek either a buy back of those units from the manufacturer or intends to seek damages, including consequential damages, through legal action against the manufacturer.

The patent application was recently rejected by the U.S. Patent and Trademark Office, but we believe there are adequate grounds for appeal.

https://ih.advfn.com/stock-market/USOTC/airborne-wireless-network-ABWN/stock-news/79024278/quarterly-report-10-q

To add insult to ABWN injury this software was developed to work with these defective lasers?


Airborne Wireless Network Announces Completion of its Preliminary Software Platform
Press Release | 11/01/2018
Airborne Wireless Network (OTC Pink: ABWN or the Company) is proud to announce thatTHINKING DIFFERENT TECHNOLOGIES B.V. doing business as TDT SYSTEMS, INC.(TDT) has completed the custom software necessary for the ongoing lab and field testing of the two Free Space Optics units and our contemplated two-plane flight test.The Company believes that this is significant because this software will be integral as the development of the contemplated Infinitus Super HighwaySMcontinues, subject to various factors. In addition, based upon the design of this software, the software can be updated to support any number of Free Space Optics units.


Michael J. Warren, Chief Executive Officer of ABWN stated: We thank TDT for providing this custom software necessary for the Companys continued testing as well as designing the software so that it can be expanded to support numerous Free Space Optics units. Even though this is a significant event, the Company still has additional testing and a lot of work going forward with many unknowns.

Evert Van Den Brandhof, Director of TDT added: I unequivocally state that the TDT software has been and is developed for Airborne Wireless Network with top quality and efficiency. We have been excited to complete and deliver this stage of the software.

https://www.otcmarkets.com/stock/ABWN/news/Airborne-Wireless-Network-Announces-Completion-of-its-Preliminary-Software-Platform?id=208789