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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Frank A. Coluccio who wrote (2296)11/9/1998 8:25:00 AM
From: Frank A. Coluccio  Read Replies (1) of 12823
 
The Airborne Stratospheric Wireless Services business is picking up interest. Angels with HALOs fly with the AWACS?

Could this be a picture of your next ISP or Next Gen Telco?:

boeing.com
___________________________________________________________

Raytheon & Angel Team On Metro Area Wireless Service

November 9, 1998

LEXINGTON, MASSACHUSETTS, U.S.A., Newsbytes via NewsEdge Corporation : Wireless telecommunications continuesto be a growing success in the corporate marketplace. In a new twist, Raytheon Company [NYSE:RTNA] says it has signed a formal deal with St. Louis, Mo.-based Angel Technologies Corp., to jointly pursue stratospheric broadband wireless business opportunities.

Raytheon says the two companies have been working since 1996 to " demonstrate the feasibility" of broadband wireless services using High Altitude Long Operation (HALO) aircraft.

The companies say the signed deal "formalizes their partnership to extend these activities into a successful business venture."

Raytheon provides products and services in the areas of commercial and defense electronics, engineering and construction, and business and special mission aircraft.

Reported by Newsbytes News Network, newsbytes.com .

Press Contact: Angel Technologies, 202-662-1280

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