Strattner Financial Group's (OTC:SCNG) subsidiary Strattner Technologies LLC signed a commercialization agreement with satellite-smartphone manufacturer AdvanceTC Limited (NSX:ATC) (OTC:ATCLF).
Strattner Technologies will provide commercialization services to AdvanceTC products and sercured exclusively to provide satellite voice, text, data and push-to-talk (PTT) plans to the first 1 million devices including but not limited to the current Xplore X7 model via the https://Strattner.Space platform.
The Xplore 7 is the world’s first FCC/SIRIM certified rugged satellite-smartphone with 4G LTE, satellite messaging and emergency button device which received authorization by the United States Federal Communications Commission (FCC) in 2019.
Under the agreement the minimum order quantity for the Xplore X7 will be 2,000 units, FOB 90 days and full specifications will be available on https://strattner.space and www.advancetc.com.
The Xplore X7 comes with satellite messaging and emergency button, provides 8 band 4G connectivity and the world’s first Satellite Messaging connectivity via satellite network. A two-way messaging with location tracking anywhere on earth and a dedicated emergency service. The Xplore X7 is a full smartphone with a 5.2 inch Full HD screen, a 2.2GHz and a 3G/ 4G/LTE multimode.
AdvanceTC Limited made headlines on February 25th, 2020 announcing an agreement with Malaysia’s XOX Mobile (KLSE:XOX), a network operator with over 2 million users and AdvanceTC (NSX:ATC) (OTC:ATCLF) ageeeing to launch, over the following nine months, a range of 4G and 5G smartphones named XPLORE. This smartphone series will be designed for everyday use while providing satellite communication capabilities powered by Low Earth Orbit (LEO) constellations. Under the agreement the “vision is to provide a unified network plan by integrating XOX’s prepaid plans and messaging platform with ATC’s extensive satellite emergency services. Our users will then be able to activate a satellite service as and when necessary, be it for leisure in remote areas, work purposes, day-to-day contact or emergencies. In short, we are innovating rapidly to provide affordable satellite smartphones – first for the country and then the region,” said Steve Tan, the Executive Director of XOX.
About AdvanceTC Limited
AdvanceTC Limited, a company incorporated in Australia and listed on Australia’s National Stock Exchange since 2014 and recently quoted as a foreign issuer on the OTC Markets (OTC:ATCLF) and has been a pioneer in the development, manufacturing and distribution of mobile devices with space connectivity as well as related satellite and communication services for over ten years. ATC aims to become the leading provider of multi-mode terrestrial and satellite communications devices and services in Southeast Asia.
About Strattner
Strattner Financial Group is a diversified alternative investment management firm. We are focused on growing and managing our groups assets, commercial interests, subsidiaries and services across a broad spectrum of industries where we identify value.
IR Contact
Strattner Financial Group
admin@strattners.com
+1 (917) 210-1062
Forward Looking Statements
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, to be materially different from the statements made herein.