Unwired has won a $1.9 million Commercial Ready AusIndustry grant to further develop and commercialise its world-first wireless network management tool, Gyro Wireless.
Under conditions of program, the wireless carrier will match the government grant, taking the development funding to $3.8 million over a two-year period.
"It's a great boost for us [Unwired] because it recognises there is growing interest in this area," Unwired general manager of Gyro Technologies, Phil Ridley, said. "It's a great recognition of our efforts that the government has decided we have the innovation and local know-how to invest money in us."
Ridley said the funding would be used to build up a team of dedicated specialists to engage in pre-marketing activities and to further develop the commercial compatibility of Gyro Wireless for its planned launch in 2008.
Gyro Wireless works as an optimising network management system that allows a carrier or provider to analyse individual customer data, track trends and optimise and prioritise traffic and capacity loads. It can be used on any wireless broadband network and can decipher data from multiple sources - from the individual customer or base station to the whole network. When commercially available, it will be sold as an out-of-the-box solution.
Despite increasing interest from overseas wireless carriers, Gyro Wireless was originally planned as an internal network management tool and would have remained that way had Unwired failed to secure the grant, Ridley said.
"This technology is beneficial for the entire wireless market, which is part of the reason why AusIndustry has come on-board," he said.
Unwired is currently in talks with a number of overseas carriers to conduct trials of Gyro Wireless.