{"id":10024,"date":"2013-01-15T13:29:37","date_gmt":"2013-01-15T13:29:37","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/xg_technology_scores_another_potential_win.html"},"modified":"2022-10-14T18:43:15","modified_gmt":"2022-10-14T22:43:15","slug":"xg-technology-scores-another-potential-win","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/xg-technology-scores-another-potential-win.html","title":{"rendered":"xG Technology Scores Another Potential Win"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/xmax.png\" alt=\"xmax.png\" width=\"404\" height=\"315\" \/><br \/>Yesterday I <a  href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/super-wifi\/xg-technology-scores-huge-win.html\">discussed<\/a> how xG Technology scored with a big $6M win and today the company has announced Cornet Technology has entered into an agreement with xG to resell $5M worth of the company&rsquo;s products to the government and DoD.<\/p>\n<p><a href=\"http:\/\/www.cornet.com\/about.html\">Cornet Technology, Inc.<\/a> is a privately-held concern which designs, engineers, and manufactures a wide range of advanced command, control, communications, computer, intelligence, surveillance, and reconnaissance (C4ISR) solutions targeted at U.S. and international defense and aerospace agencies.<\/p>\n<p>The deal covers part of an end-to-end two-way video streaming solution for vehicles that is currently under development.<\/p>\n<p>For a company which so many predicted wouldn&rsquo;t make it &nbsp;&ndash; the potential for $11M in sales in two days is pretty impressive. Still, while the news of this partnership is great for company backers and employees, it isn&rsquo;t a done deal quite yet.<\/p>\n<p>A few other points. If the company is successful selling to the government via this deal &#8211; it could do exceedingly well selling to other governments around the world and to more US agencies as well. Also, M2M could be a market which can benefit from the company&#8217;s solutions.<\/p>\n<p>On the negative side of the ledger is the potential for ubiquitous WiFi coverage and Super-WiFi technologies to make the company&#8217;s solutions less valuable over time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday I discussed how xG Technology scored with a big $6M win and today the company has announced Cornet Technology has entered into an agreement with xG to resell $5M worth of the company&rsquo;s products to the government and DoD. Cornet Technology, Inc. is a privately-held concern which designs, engineers, and manufactures a wide range<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166,171,181,172,160,187,164,1732,118,174,191,219,175],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/10024"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=10024"}],"version-history":[{"count":1,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/10024\/revisions"}],"predecessor-version":[{"id":19135,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/10024\/revisions\/19135"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=10024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=10024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=10024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}