October 19, 2017 12:41 AM ET

Diversified Telecommunication Services

Company Overview of Airborne Wireless Network

Company Overview

Airborne Wireless Network, a developmental stage company, focuses on developing, marketing, and licensing a wholesale fully-meshed high-speed broadband airborne wireless network. This network will enable participating aircraft to act as airborne repeaters or routers, sending and receiving broadband signals from one aircraft to the next creating a digital superhighway in the sky. The company is involved in developing Infinitus, an airborne broadband network providing connectivity for worldwide broadband carrier services using commercial aircraft. It intends to sell wholesale bandwidth to the telecom and Internet service providers. Airborne Wireless Network has a software development collabora...

4115 Guardian Street

Suite C

Simi Valley, CA 93063

United States

Founded in 2011

2 Employees

Phone:

805-583-4302

Key Executives for Airborne Wireless Network

President, Principal Financial & Accounting Officer, Treasurer, Secretary & Director
Age: 67
Vice President of Technical Affairs & Development
Age: 66
Compensation as of Fiscal Year 2016.

Airborne Wireless Network Key Developments

Airborne Wireless Network Amends and Restates its Articles of Incorporation

Airborne Wireless Network amended and restated its Articles of Incorporation effective July 31, 2017 (the Amended Articles"). The amendments were approved by the Board and the shareholders. The Amended Articles amend and restate in their entirety the Company's existing Articles of Incorporation (including the amendments thereto on September 21, 2011, December 18, 2013 and May 19, 2016) to, among other things: (i) increase the number of authorized shares of Common Stock from 200,000,000 shares to 350,000,000 shares; (ii) authorize 10,000,000 shares of blank check" preferred stock; (iii) confer upon the Board the power to adopt, amend, alter or repeal the Bylaws of the Company; (iv) opt out of Nevada Revised Statutes 78.378 to 78.3793, inclusive, which contains provisions governing the acquisition of a controlling interest in certain Nevada corporations and generally provide that any person that acquires a controlling interest" in certain Nevada corporations may be denied certain voting rights unless a majority of the disinterested stockholders of the corporation elects to restore such voting rights; (v) opt out of Nevada Revised Statutes 78.411 to 78.444, inclusive, which contains provisions prohibiting certain business combinations" between certain Nevada corporations and any person deemed to be an interested stockholder" for two years after such person first becomes an interested stockholder," unless approved by the corporation's board of directors; and (vi) require that special meetings of stockholders for any purpose or purposes to be called only by the Board, the chairperson of the Board, the Company's chief executive officer or, in the absence of a chief executive officer, the Company's president, subject to the rights any preferred stock then outstanding.

Airborne Wireless Network Signs Software Development Agreement with Thinking Different Technologies

Airborne Wireless Network announced that it has entered into a software development agreement with Thinking Different Technologies (TDT). Airborne Wireless Network anticipates that this relationship should significantly accelerate the development of the company's command, control, communication and coordination software modules of its Infinitus Super Highway. TDT, will help advance ABWN's comprehensive software development program, ranging from Radio Frequency meshed network control and associated ground connectivity to other contemplated transmission media, such as dedicated laser links in the future.

Airborne Wireless Network Presents at 7th Annual LD Micro Invitational, Jun-06-2017

Airborne Wireless Network Presents at 7th Annual LD Micro Invitational, Jun-06-2017 . Venue: Luxe Sunset Boulevard Hotel, Los Angeles, California, United States.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 25, 2017
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Private Placement
September 19, 2017
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Private Placement
September 15, 2017
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