Ranplan Wireless receives SEK 3.9m R&D cash credit payment
Cambridge UK, July 2018: Ranplan Wireless, the UK subsidiary of Swedish-based parent company Ranplan Group AB, has received recognition from the UK Government for its continued technology advances in the field of wireless network planning and design.
Ranplan, developer of the world’s first combined indoor and outdoor wireless network planning tool for dense urban environments, has received an R&D cash credit payment of over SEK 3.9m to support further development of its flagship product, Ranplan Professional. This is the sixth R&D cash credit payment received year-on-year.
Payments of R&D cash credits were introduced in the UK in 2000 for emerging companies as an incentive to invest in innovation. The cash credits are awarded for ‘activities which directly contribute to achieving an advance in science or technology through the resolution of technological or scientific uncertainty’.
“We are delighted that the Government continues to see increased value in the work that we do as this demonstrates trust and confidence in the quality societal value of our software, and keeps us on our track of delivering our mission of revolutionising the way that wireless networks are planned in a smart connected world,” said Alastair Williamson, CEO Ranplan Group AB.
Ranplan Professional is the only software tool that can plan indoor and outdoor wireless networks environments in coordination – including Small Cells, DAS and Wi-Fi – while providing the most accurate prediction models to reduce costs and deliver superior coverage and end-user experience. Ranplan Professional supports 3G, 4G/LTE, 5G and IoT (Internet of Things) technologies.
Ranplan Wireless is an innovative wireless technology company that has developed the World’s only solution that can plan, design and optimise inbuilding and outdoor wireless networks in coordination. Our solutions enable us to help an ecosystem of companies deploy the next generation of wireless networks for a range of applications in urban environments, supporting multiple technologies such as 4G LTE, 5G, Wifi and IoT, providing end users with an unmatched quality of experience.
Ranplan Wireless is a subsidiary of Ranplan Group AB (Nasdaq First North: RPLAN) whose head office is in Stockholm, Sweden. The group operates out of offices in the UK, US and China.