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Airspan Networks, a Leading 5G Technology Company to Go Public through Merger with New Beginnings Acquisition Corp. (NYSE American: NBA)

Airspan Networks, a leading pioneer of 5G network solutions, has entered into a business combination agreement with New Beginnings Acquisition Corp.; the newly combined company is expected to be listed on the NYSE American under the new ticker symbol “MIMO”.

To read the full release on the New Business Acquisition Corp. website please click on the link below.

Airspan – Revolutionizing Mobile Radio Access Networks

Airspan is a U.S.-based provider of groundbreaking, award-winning software and hardware for 5G networks, and a pioneer in end-to-end Open RAN solutions that provide interoperability with other vendors. As a result of the breakthrough technology and significant R&D investments to build and expand mmWave and sub-6 GHz solutions, Airspan believes it is uniquely positioned to generate sustainable growth for both 5G revenue and market share through Open RAN, private networks, fixed wireless access, and CBRS. Network providers and new entrants globally are building out 5G networks in what is expected to be a multi-year process, triggering significant capital expenditures. With over one million cells shipped to 1,000 customers in more than 100 countries, Airspan believes its scale is a key differentiator that most Open RAN competitors cannot match, which provides the ability to aggressively compete against traditional, incumbent infrastructure vendors based overseas.

Established originally in 1992 as a product division of DSC Communications, Airspan became a standalone company in 1998 and today has more than 1000 customers in over 100 countries around the world.

Airspan has an expansive product portfolio of indoor and outdoor, compact Femto, Pico, Micro and Macro base stations. The perfect tool kit to exploit the full potential of technologies such as mmWave, Sub 6GHz, Massive MIMO and open vRAN architectures. As well as an industry leading fixed wireless access and backhaul solution portfolio for PTP and PTMP applications using Wi-Fi 6.

Airspan also addresses non-mobile carrier and private network deployment including the needs of fixed Internet Service Providers, and a number of vertical market segments including Connected Automated Vehicles (CAV’s), Air-to-Ground in-flight connectivity, Smart Grids, Public Safety, Transportation and Oil & Gas.

Airspan has been at the forefront of breakthrough RAN solutions and technologies and has deep in-house expertise in LTE and LTE-Advanced, OFDMA, Wi-Fi and VoIP. Airspan is able to exploit synergies and come up with innovative products and solutions that closely integrate these technologies in the most beneficial ways for customers. Airspan is also looking to the future with the development of solutions that combine small cells with Gbit/s backhaul and Virtualization, which will be the basis of our 5G products and solutions.