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ENETF / Ethernity Networks raises cash as telco network interest builds

Ethernity Networks raises cash as telco network interest builds
Ethernity Networks, the virtual telecom system hardware manufacturer, has raised £1.55mln through a placing and said it is possible revenues might treble next year. David Levi, chief executive and founder, is putting in £212,000 through the placing, which is priced at 7p per share plus a warrant, with R&D director Shavit Baruch chipping in £47,000. Read More
Posted: Jan 17 2023, 02:46
Author Name: Proactive Investors
Views: 111616

ENETF News  

Ethernity wins contract extension from major military aerospace customer

By Proactive Investors
November 2, 2023

Ethernity wins contract extension from major military aerospace customer

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) said it expects a contract with a top-tier military aerospace customer to be worth US$550,000, which i more_horizontal

Ethernity Networks shares suspended amid Israel emergency, drafting new business plan

By Proactive Investors
October 12, 2023

Ethernity Networks shares suspended amid Israel emergency, drafting new business plan

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) shares have been temporarily suspended from trading on AIM at the request of the company as it seeks more_horizontal

Ethernity Networks shakes up US listing

By Proactive Investors
August 31, 2023

Ethernity Networks shakes up US listing

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) has updated that from Thursday, 1 September the company's ordinary shares will cease trading on the OTC more_horizontal

Ethernity eyes contract completions within financial year

By Proactive Investors
August 9, 2023

Ethernity eyes contract completions within financial year

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) has announced two outstanding contracts should be fulfilled within in next financial year after custome more_horizontal

Ethernity Networks pivots to licensing to get larger orders

By Proactive Investors
August 1, 2023

Ethernity Networks pivots to licensing to get larger orders

Ethernity Networks said it has delivered 40% of a US$1.5mln order for its data processing system-on-chip device and has been paid for that amount.  more_horizontal

Ethernity Networks searches for new CFO

By Proactive Investors
July 26, 2023

Ethernity Networks searches for new CFO

Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) said chief financial officer Mark Reichenberg will step down from the board with effect from the end o more_horizontal

Ethernity Networks reports uptick in revenues, makes positive start to year

By Proactive Investors
June 30, 2023

Ethernity Networks reports uptick in revenues, makes positive start to year

Ethernity Networks reported an uptick in revenues with “positive” progress made at the start of the year despite the challenging environment. Sale more_horizontal

Ethernity Networks shares seen higher after penning contract

By Proactive Investors
June 29, 2023

Ethernity Networks shares seen higher after penning contract

Ethernity Networks said it has received an order worth US$1.5mln from an existing customer to supply data processing system-on-chips (SoC), with share more_horizontal


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