Latest news with #GCT
Yahoo
6 days ago
- Business
- Yahoo
Airspan Completes Industry-First 5G Air-to-Ground Call
Landmark Test with Gogo and GCT Demonstrates Advanced Capabilities for Aerial Connectivity BOCA RATON, Fla., July 23, 2025--(BUSINESS WIRE)--Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, successfully completed the industry's first end-to-end 5G Air-to-Ground (ATG) call using commercial equipment. The call was conducted at Airspan's lab in Slough, UK, and utilized Airspan's programmable In Motion 5G platform in collaboration with Gogo and GCT Semiconductor Holding, Inc. ("GCT") using a 50 MHz channel in the 2.4GHz spectrum band. Airspan's end-to-end programmable 5G platform is a modular, Open RAN-based architecture engineered for high-performance connectivity in high-speed and high-altitude environments. The platform includes Airspan's aircraft Radio Module using a 5G chipset from GCT, Airspan's beamforming radios (RUs), Airspan's centralized and distributed units (CU/DU), and patented Airspan end-to-end software designed for long-range, low-latency communications in a high noise environment. "This successful call validates Airspan's In Motion 5G platform and advances Gogo's efforts to deliver 5G ATG broadband for business aviation," said Glenn Laxdal, President and CEO of Airspan. "Our platform is designed to support a broad spectrum of use cases including broadband for private and commercial aviation, aerial connectivity for drones and uncrewed aircraft, tactical networks for defense and mission-critical operations, and the emerging connectivity for high-altitude platforms (HAPS) and Low Earth Orbit (LEO) satellite communications." Airspan's 5G In Motion platform has been tested at ranges up to 300 km and speeds up to 1,200 km/hr, with engineering capabilities significantly higher than this. The platform includes the following functionality: Long Range – introduces a dynamic timing advance to allow for long distances between the aircraft radio module (UE) and the base station. High Speed Doppler Compensation – the system compensates for the doppler effects at very high speeds. Beamforming and Tracking - uses M-MIMO antennas at both the base station and the aircraft radio module with high-speed beam tracking and positioning. Interference Based Scheduling – uses time and frequency selective scheduling based on channel conditions to manage interference. The combination of these technologies enables low-latency, high-reliability broadband for air to ground applications, real-time drone-based command links, and resilient communications in defense, public safety and emergency scenarios. About Airspan Airspan Networks Holdings LLC is a U.S.-based provider of wireless network solutions and a recognized leader in Open RAN. Airspan has extensive expertise in the design of carrier-grade wireless networks and has shipped more than 1 million radios globally to over 1,000 customers. Airspan's reliable and scalable solutions support Macro Open RUs, In-Building Wireless, Critical Infrastructure, Fixed Wireless Access, Defense and Air-To-Ground, empowering businesses, governments, and service providers to build the networks of tomorrow, today. About GCT GCT is a leading designer and supplier of advanced 5G and 4G semiconductor solutions. View source version on Contacts Media & Analyst Contact: Kyle Allenkallen@ Error in retrieving data Sign in to access your portfolio Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
Airspan Completes Industry-First 5G Air-to-Ground Call
BOCA RATON, Fla.--(BUSINESS WIRE)--Airspan Networks Holdings LLC ('Airspan'), a leading global provider of wireless network solutions, successfully completed the industry's first end-to-end 5G Air-to-Ground (ATG) call using commercial equipment. The call was conducted at Airspan's lab in Slough, UK, and utilized Airspan's programmable In Motion 5G platform in collaboration with Gogo and GCT Semiconductor Holding, Inc. ('GCT') using a 50 MHz channel in the 2.4GHz spectrum band. Landmark Test with Gogo and GCT Demonstrates Advanced Capabilities for Aerial Connectivity Share Airspan's end-to-end programmable 5G platform is a modular, Open RAN-based architecture engineered for high-performance connectivity in high-speed and high-altitude environments. The platform includes Airspan's aircraft Radio Module using a 5G chipset from GCT, Airspan's beamforming radios (RUs), Airspan's centralized and distributed units (CU/DU), and patented Airspan end-to-end software designed for long-range, low-latency communications in a high noise environment. 'This successful call validates Airspan's In Motion 5G platform and advances Gogo's efforts to deliver 5G ATG broadband for business aviation,' said Glenn Laxdal, President and CEO of Airspan. 'Our platform is designed to support a broad spectrum of use cases including broadband for private and commercial aviation, aerial connectivity for drones and uncrewed aircraft, tactical networks for defense and mission-critical operations, and the emerging connectivity for high-altitude platforms (HAPS) and Low Earth Orbit (LEO) satellite communications.' Airspan's 5G In Motion platform has been tested at ranges up to 300 km and speeds up to 1,200 km/hr, with engineering capabilities significantly higher than this. The platform includes the following functionality: Long Range – introduces a dynamic timing advance to allow for long distances between the aircraft radio module (UE) and the base station. High Speed Doppler Compensation – the system compensates for the doppler effects at very high speeds. Beamforming and Tracking - uses M-MIMO antennas at both the base station and the aircraft radio module with high-speed beam tracking and positioning. Interference Based Scheduling – uses time and frequency selective scheduling based on channel conditions to manage interference. The combination of these technologies enables low-latency, high-reliability broadband for air to ground applications, real-time drone-based command links, and resilient communications in defense, public safety and emergency scenarios. About Airspan Airspan Networks Holdings LLC is a U.S.-based provider of wireless network solutions and a recognized leader in Open RAN. Airspan has extensive expertise in the design of carrier-grade wireless networks and has shipped more than 1 million radios globally to over 1,000 customers. Airspan's reliable and scalable solutions support Macro Open RUs, In-Building Wireless, Critical Infrastructure, Fixed Wireless Access, Defense and Air-To-Ground, empowering businesses, governments, and service providers to build the networks of tomorrow, today. About GCT GCT is a leading designer and supplier of advanced 5G and 4G semiconductor solutions.
Yahoo
10-07-2025
- Business
- Yahoo
GigaCloud Technology Inc. (GCT) Outpaces Stock Market Gains: What You Should Know
GigaCloud Technology Inc. (GCT) closed at $20.67 in the latest trading session, marking a +1.42% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.61% for the day. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.95%. The stock of company has risen by 9.57% in the past month, leading the Business Services sector's loss of 2.75% and the S&P 500's gain of 3.85%. The upcoming earnings release of GigaCloud Technology Inc. will be of great interest to investors. On that day, GigaCloud Technology Inc. is projected to report earnings of $0.46 per share, which would represent a year-over-year decline of 29.23%. Meanwhile, the latest consensus estimate predicts the revenue to be $290.2 million, indicating a 6.65% decrease compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.79 per share and a revenue of $1.16 billion, signifying shifts of -8.52% and 0%, respectively, from the last year. Investors should also note any recent changes to analyst estimates for GigaCloud Technology Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.11% lower. GigaCloud Technology Inc. currently has a Zacks Rank of #4 (Sell). From a valuation perspective, GigaCloud Technology Inc. is currently exchanging hands at a Forward P/E ratio of 7.3. This denotes a discount relative to the industry average Forward P/E of 20.96. The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 51, which puts it in the top 21% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GigaCloud Technology Inc. (GCT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-07-2025
- Business
- Business Wire
World No. 1 Magnus Carlsen Adds to Grand Chess Tour Legacy with Victory in Zagreb at 2025 SuperUnited Rapid & Blitz Croatia
ZAGREB, Croatia--(BUSINESS WIRE)--With characteristic brilliance and unshakable composure, five-time World Champion and World No. 1 Grandmaster (GM) Magnus Carlsen secured yet another milestone in his legendary career, winning the 2025 SuperUnited Rapid & Blitz Croatia — a Grand Chess Tour (GCT) event — with a round to spare. Five-time World Champion and World No. 1 Grandmaster (GM) Magnus Carlsen secured yet another milestone in his legendary career, winning the 2025 SuperUnited Rapid & Blitz Croatia — a Grand Chess Tour event — with a round to spare. Share 'What I really like about this event is the format – you have a lot of games and you have a lot of time to come back,' said Carlsen. Carlsen's commanding performance earned him 22.5 points across rapid and blitz formats, marking his sixth consecutive Rapid & Blitz triumph on the GCT and an astonishing tenth win in just 12 appearances. Carlsen earned $40,000 for his performance. 'SuperUnited Rapid & Blitz Croatia was a thrilling event and a fitting celebration of world-class chess in Zagreb,' said Michael Khodarkovsky, GCT Executive Director. 'Congratulations to Magnus Carlsen on an extraordinary performance and yet another Rapid & Blitz title. This year's tournament holds special significance as we mark the 10th anniversary of the Grand Chess Tour, and we're deeply grateful to Prime Minister Andrej Plenković and SuperUnited for their continued partnership in making this event such a success.' GM Wesley So from the United States finished in second place, taking home a prize of $30,000, followed by current World Champion GM Gukesh Dommaraju, who took third place and $25,000. 'Congratulations to Magnus Carlsen on his victory at the SuperUnited Rapid & Blitz in Zagreb,' said Augusta Dragic, President of the Superbet Foundation. 'A sincere thank you to all the remarkable players who made these five days truly unforgettable — showcasing world-class talent and genuine sportsmanship. As we celebrate the 10-year anniversary of the Grand Chess Tour, we hope this event continues to inspire people of all ages to play chess. The Superbet Foundation is proud to be part of this journey, supporting the growth of the game and the values it represents.' Final results for the 2025 SuperUnited Rapid & Blitz Croatia are as follows: POSITION PLAYER COUNTRY PRIZE MONEY 1 GM Magnus Carlsen NOR $40,000 2 GM Wesley So USA $30,000 3 GM Gukesh Dommaraju IND $25,000 4 GM Alireza Firouzja FRA $17,500 4 GM Jan-Krzysztof Duda POL $17,500 6 GM Nodirbek Abdusattorov UZB $11,000 7 GM Fabiano Caruana USA $9,500 7 GM Anish Giri IND $9,500 9 GM Praggnanandhaa Rameshbabu IND $8,000 10 GM Ivan Saric CRO $7,000 Expand Wildcard Players Named for US Legs of the Grand Chess Tour This year's historic GCT will wrap up with its final two regular tournaments, both hosted by the Saint Louis Chess Club in Saint Louis, Mo. — the Chess Capital of America. Saint Louis Rapid & Blitz: August 9-17, 2025 in Saint Louis, MO The Saint Louis Rapid & Blitz will kickoff the events starting on August 9. In the third and final speed chess event, six tour players and four wildcards will fight for a prize fund of $175,000 as the GCT regulars aim to finish at the top of the GCT standings. The format will see nine rounds of Rapid followed by eighteen rounds of Blitz, for a total of 135 games spread across five days. The four wildcard players include: GM Leinier Dominguez from the United States GM Liem Le from Vietnam GM Sam Shankland from the United States GM Grigoriy Oparin from the United States The complete field for the Saint Louis Rapid & Blitz includes: Player Name Highlights Country Role FIDE Standard Rating (July '25) GM Fabiano Caruana Ranked No. 3 in the world, 2023 GCT Champion, Reigning Four-time US Champion USA Full Tour 2784 GM Gukesh Dommaraju Reigning World Champion IND Full Tour 2776 GM Nodirbek Abdusattorov 2021 World Rapid Champion UZB Full Tour 2771 GM Wesley So 2022 GCT Runner-up Winner, 2021 GCT Winner USA Full Tour 2745 GM Levon Aronian 2024 American Cup Winner; Two-time World Cup Champion USA Full Tour 2742 GM Maxime Vachier-Lagrave 2023 GCT Runner-up Winner, 2024 GCT 3rd place FRA Full Tour 2736 GM Leinier Dominguez 2008 FIDE World Blitz Champion; 2019 U.S. Championship Runner-up USA Wildcard 2738 GM Liem Le 2013 FIDE World Blitz Champion VIE Wildcard 2729 GM Sam Shankland 2025 American Continental Chess Champion; 2018 US Chess Champion USA Wildcard 2670 GM Grigoriy Oparin FIDE Grand Prix Qualifier, FIDE Grand Swiss 2021 3rd place USA Wildcard 2660 Expand Sinquefield Cup: August 16-29, 2025 in Saint Louis, MO The last regular season stop and signature event of the GCT circuit, the Sinquefield Cup continues its traditional classical format. Hosted annually by the Saint Louis Chess Club with a $350,000 total prize fund, the strongest tournament on American soil will be the final opportunity for competitors to earn points in the 2025 GCT, aiming to finish in the top four to qualify for the GCT Finals in Brazil. The tournament will feature one wildcard – GM Samuel Sevian from the United States. The complete field for the Sinquefield Cup includes: Player Name Highlights Country Role FIDE Standard Rating (July '25) GM Fabiano Caruana Ranked No. 3 in the world, 2023 GCT Champion, Reigning Four-time US Champion USA Full Tour 2784 GM Praggnanandhaa Rameshbabu 2025 Tata Steel Champion IND Full Tour 2779 GM Gukesh Dommaraju Reigning World Champion IND Full Tour 2776 GM Nodirbek Abdusattorov 2021 World Rapid Champion UZB Full Tour 2771 GM Alireza Firouzja 2022 and 2024 GCT Champion FRA Full Tour 2766 GM Wesley So 2022 GCT Runner-up , 2021 GCT Winner USA Full Tour 2745 GM Levon Aronian 2024 American Cup Winner; Two-time World Cup Champion USA Full Tour 2742 GM Maxime Vachier-Lagrave 2023 GCT Runner-up Winner, 2024 GCT 3rd place FRA Full Tour 2736 GM Jan-Krzysztof Duda 2021 Fide World Cup Winner POL Full Tour 2725 GM Samuel Sevian 2021 FIDE Grand Swiss 3rd place USA Wildcard 2683 Expand Follow all the chess action in Saint Louis by watching the professional commentary team led by GM Yasser Seirawan on the Saint Louis Chess Club's Youtube and Twitch channels. GCT Celebrates 10th Anniversary with the Return of the GCT Finals The tenth annual GCT features the world's best players competing across four countries for a total prize fund of $1.6 million during the 2025 season. The circuit includes the Superbet Rapid & Blitz Poland in Warsaw, the Superbet Chess Classic in Bucharest, the SuperUnited Rapid & Blitz Croatia in Zagreb, the Saint Louis Rapid & Blitz, and the Sinquefield Cup in Saint Louis. The tour will come to a dramatic conclusion during the GCT Finals, set for September 26-October 4, 2025 during its first-ever stop in South America in the vibrant Brazilian City of São Paulo. The top four finishers of the regular season of five tournaments will compete for the purse of additional $350,000 in the knockout matches. For more information, visit Grand Chess Tour Grand Chess Tour is a circuit of international events, each demonstrating the highest level of organization for the world's best players. The legendary Garry Kasparov, one of the world's greatest ambassadors for chess, inspired the Grand Chess Tour and helped solidify the partnership between the organizers. All Grand Chess Tour 2024 events will comply with local and regional COVID-19 restrictions. For more information about the tour, please visit Superbet Foundation The Superbet Foundation, a non-profit organization, is responsible for coordinating the Corporate Social Responsibility initiatives of the Superbet Group. Their goal is to support the advancement of health, education, and sports initiatives, with a special emphasis on promoting the game of chess and its myriad benefits within all the communities they serve. Saint Louis Chess Club The Saint Louis Chess Club is a non-profit, 501(c)(3) organization that is committed to making chess an important part of our community. In addition to providing a forum for the community to play tournaments and casual games, the club also offers chess improvement classes, beginner lessons and special lectures. Recognizing the cognitive and behavioral benefits of chess, the Saint Louis Chess Club is committed to supporting those chess programs that already exist in area schools while encouraging the development of new in-school and after-school programs. For more information, visit
India.com
05-07-2025
- Sport
- India.com
D. Gukesh Clinches Rapid Title At Grand Chess Tour Zagreb 2025
The 19-year-old world champion D. Gukesh dominated the rapid section of the SuperUnited Rapid & Blitz (Grand Chess Tour 2025) with an outstanding performance in Zagreb. Final Standings – Rapid Section D. Gukesh – 14.0 / 18 (6 wins, 2 draws, 1 loss) Jan‑Krzysztof Duda – 11.0 (only player to defeat Gukesh in round 1) Magnus Carlsen – 10.0, finishing third after slipping in later rounds Tournament Highlights A Rocky Start & Spectacular Recovery Gukesh stumbled in the opening round, losing to Duda. However, this proved to be the catalyst for his turnaround; he responded with five straight wins, dismantling elite opponents such as Firouzja, Caruana, Carlsen, Abdusattorov, and So. Crushing the Reign of Magnus, His win over Magnus Carlsen in Round 4 was a highlight, revered by commentators. Garry Kasparov remarked, 'Now we can question Magnus' domination… It was a big fight. And Magnus lost.' Carlsen had previously underestimated Gukesh but was outplayed in the tactical exchange. Calm and Tactical Precision in Finale In the final round, Gukesh delivered a textbook performance against Wesley So, converting a middlegame advantage into a decisive win in just 36 moves Mid-Tournament Resilience On Day 3, after two quiet draws (against Anish Giri and Ivan Saric), Gukesh regained momentum with a commanding victory over So, extending his lead to three points in the blitz phase Tournament Context & Outlook Format: 10-player rapid round-robin (25+10), followed by 18 blitz games (5+2). Prize Fund: Total $175,000 across rapid and blitz Tour Schedule: Zagreb is the third of five GCT events in 2025, capped by finals in São Paulo Blitz Section The blitz section of the Grand Chess Tour 2025 in Zagreb is scheduled for July 5 and 6. These rapid-fire rounds will determine the final standings, with the overall champion of the Zagreb leg crowned based on combined results from both the rapid and blitz formats. Zagreb represents the third stop on this year's Grand Chess Tour. Earlier legs took place in Poland and Romania, where India's R Praggnanandhaa secured a title win in Bucharest and finished third in Warsaw. Following Zagreb, the tour will shift to the United States in August for the next two events. It will then conclude in Brazil between September and October, with the final leg featuring a complete set of classical, rapid, and blitz games, offering a comprehensive test of each participant's versatility.
