Wytec International has filed a notice of an exempt offering of securities to raise $10 Million in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Wytec International is raising up to $10,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, William Gray played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Wytec International
Under its three brands, Wytec Business, Wytec Enterprise and Wytec Cities, Wytec International offers next generation technology in wireless infrastructure to provide broadband access at gigabit speeds, with low latency and symmetrical data rates. Bringing innovative, smart, and fast options to the telecommunications industry and the world, through patented small cell technologies and in-building cellular enhancement solutions targeting cable, wireless internet service providers, education and other industries to bridge the digital divide. Wytec is a telecommunications company that has developed intellectual property that can simplify the deployment of 5G and private cellular networks. Wytec also works with top technology providers to advance inbuilding cellular networks, with a strong concentration on school district cellular needs. Since 2012, Wytec has been developing innovative technology and building a foundation that would lead to the possession of a patent for Wytecs next generation Light-Pole Node 16 (the LPN-16), which is designed to support both the new CBRS spectrum and Wi-Fi 6. Wytec has been awarded a subsequent patent for its technology and has continued to evaluate and test its use cases. The technology can support a robust, neutral-host, multi-carrier, dense wireless network utilizing utility poles as its distribution access throughout Americas cities. In addition to our efforts with our patented technology, Wytec is an inbuilding cellular integrator with significant work within Texas school districts. Wytec has developed relationships with global leaders to provide first-in-class solutions to its clients.
To learn more about Wytec International, visit http://www.wytecintl.com/
Wytec International Linkedin Page: https://www.linkedin.com/company/wytec-international/
Contact:
William Gray, Chief Executive Officer
210-233-8980
https://www.linkedin.com/in/william-h-gray-b046281a/
SOURCE: http://www.intelligence360.io
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