Future Technologies announces Several Multi-Million Dollar Private 5G Awards in the Manufacturing Industry

Future Technologies Venture, LLC (“Future Technologies”) announces multiple multi-million-dollar Private 5G contracts for various Fortune 100, Fortune 500 and Fortune 1000 manufacturer clients in the U.S. market.

Private Cellular Networks are quickly being adopted by industrial enterprise because of their ability to provide ultra-reliable, low-latency communication, enabling seamless connectivity and real-time data exchange for enhanced automation, efficiency, and overall operational agility. Future Technologies works closely with its various ecosystem partners such as Intel to deliver these end-to-end solutions to its customers, from defining network requirements to day two support.

“Future Technologies has been doing private cellular networks since 2010 and is very well positioned based on our experience to help these clients transform their networks for advanced use cases, coverage applications and network convergence of IT and OT.” said Peter Cappiello, CEO, Future Technologies. “With a growing open pipeline of over $150,000,000 in private networks, we see 2024 as our year of growth in this space to scale our capabilities to a larger portfolio of clients.”

 

Recent Manufacturing Related Private Cellular (4G/5G) Projects:

Fortune 100 customer project to design, furnish, delivery and sustain a 5,000,000 square foot production site to enable autonomous mobile robotics (AMR). This project is a multi-year, multi-million-dollar project that will enable this advanced use case to help drive operational efficiency in this large production facility.

Fortune 500 customer award has been fully implemented to enable an Intel architecture based private 4G/5G wireless coverage solution in their production site to enable Intel Edge AI based advanced use cases such as Computer Vision, Connected Worker, Remote Worker and Asset Management through the use of private cellular enable scanners and ruggedized tablets and software frameworks like Intel OpenVINO. This network is also connecting their manufacturing line devices (CNC, PLC) through cellular routers to take advantage of this low latency and high-capacity private cellular network.

Fortune 1000 customer award is in full production running their critical industrial automation system for their material handling use case to enable connected readers, PLC’s and digital devices. The private cellular network (4G/5G) was designed to replace a legacy outdoor Wi-Fi network that was end of life and was experiencing challenges with interference. Future Technologies designed, implemented and seamlessly cutover this network to enable this initial industrial automation use case for industrial automation and is now adding additional use cases to this new network layer to continue the clients network transformation.