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Last C$0.89 CAD
Change Today 0.00 / 0.00%
Volume 2.0K
As of 10:50 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

dragonwave inc (DWI) Snapshot

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52 Week High
07/4/14 - C$2.75
52 Week Low
03/10/15 - C$0.65
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Current Stock Chart for DRAGONWAVE INC (DWI)

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dragonwave inc (DWI) Details

DragonWave Inc. provides high-capacity packet microwave solutions that drive IP networks worldwide. Its carrier-grade point-to-point packet microwave systems transmit broadband voice, video, and data to meet bandwidth requirements. The company’s products have applications in mobile network backhaul, as well as in leased line replacement, last mile fiber extension, and enterprise networks. It serves service providers, government agencies, enterprises, and other organizations. DragonWave Inc. was incorporated in 2000 and is headquartered in Ottawa, Canada.

253 Employees
Last Reported Date: 05/14/14
Founded in 2000

dragonwave inc (DWI) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $335.3K
Co-Founder and Vice President of Operations
Total Annual Compensation: $239.5K
Co-Founder, Chief Technical Officer and Vice ...
Total Annual Compensation: $239.5K
Chief Finance Officer, Vice President of Fina...
Total Annual Compensation: $239.5K
Executive Vice President of Global Sales
Total Annual Compensation: $251.0K
Compensation as of Fiscal Year 2014.

dragonwave inc (DWI) Key Developments

Saudi Telecom Company Selects DragonWave to Support Enterprise Network Expansion

DragonWave Inc. announced Saudi Telecom Company has entered into a supply agreement for DragonWave products to support its enterprise network expansion. STC has ordered Horizon Compact+ and Harmony Enhanced high capacity microwave products in its aggressive network expansions. DragonWave’s agreement with STC was made in partnership with Creative Telecom Company (CTC) and Waseela For technology consultations (Waseela), who will provide local integration services. The Horizon Compact+ and Harmony Enhanced products, equipped with the DragonWave Bandwidth Accelerator, achieve spectral efficiency, allowing STC to maximize the capacity achievable in the scarce backhaul spectrum. The low latency of the DragonWave products enables a complete suite of services including high quality voice and video. In addition, Horizon and Harmony products support 256AES encryption options to maximize network security.

DragonWave Enters into Nokia's Microwave Backhaul Ecosystem

DragonWave Inc. has announced entry into Nokia's newly formed MicroWave Backhaul EcoSystem. The DragonWave-Nokia partnership is a broad, multi-faceted partnership, which includes microwave backhaul, millimeter wave backhaul, joint development and technology collaboration, network management collaboration and sales, services, R&D, and legacy maintenance.

DragonWave Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year Ended February 28, 2015

DragonWave Inc. announced updated revenue expectations of approximately $44 million for its fourth quarter of fiscal year 2015, ended February 28, 2015. Revenue is lower than expected because of the uneven timing of installation services revenue, shipments that did not make the Fourth Quarter cut off, and delays in equipment orders, which are now expected to be received in fiscal year 2016. Revenue for the full fiscal year 2015 is expected to be approximately $158 million, which represents growth of approximately 75% over fiscal year 2014.


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