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Metanoia's O-RU Successfully Completes End-to-End OTA Validation at VALOR RF Anechoic Chamber
Metanoia's O-RU Successfully Completes End-to-End OTA Validation at VALOR RF Anechoic Chamber

Yahoo

time13-05-2025

  • Business
  • Yahoo

Metanoia's O-RU Successfully Completes End-to-End OTA Validation at VALOR RF Anechoic Chamber

First product validated at the VALOR lab's new RF-shielded anechoic chamber CHANDLER, Ariz., May 13, 2025 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that Metanoia Communications Inc.'s JURA Open Radio Unit (O-RU) has successfully completed end-to-end over-the-air (OTA) validation at the VIAVI Automated Lab-as-a-Service (VALOR™). It is the first product to be validated at the lab's new RF-shielded anechoic chamber to ensure compliance with O-RAN and 3GPP specifications. VALOR is an automated Lab-as-a-Service for Open RAN testing and is funded by the National Telecommunications and Information Administration (NTIA) Public Wireless Supply Chain Innovation Fund. The VALOR lab officially opened on October 7, 2024 in Chandler, Arizona, with the RF chamber and two additional customer labs added to the facility on April 3, 2025. Metanoia's O-RU underwent end-to-end performance validation to ensure seamless integration into Open RAN networks, with tests using reference O-CU and O-DU components provided by VALOR and its partners. Tests were conducted over the air within the RF chamber, with VALOR evaluating key performance metrics under realistic radio conditions. Additionally, O-RAN end-to-end functional and performance validation was carried out based on O-RAN TIFG-defined test cases. These tests assessed the system's behavior across the control, user, and management planes, ensuring compliance with key O-RAN architectural and performance requirements in an integrated multi-vendor DU/RU setup. "The successful validation of Metanoia's O-RU using the new anechoic chamber is an important milestone for VIAVI and the VALOR lab," said Erik Probstfield, Senior Director, VALOR, VIAVI. "Open RAN-based systems are set to significantly increase telecoms innovation, but a network is far too complex an environment to rely on trust alone. VALOR, especially with its OTA testing, allows companies such as Metanoia to independently validate the functionality and performance of their hardware, and gives network operators assurance that it will integrate seamlessly into their existing networks." "Metanoia is proud to remain at the forefront of 5G innovation, building on our longstanding partnership with VIAVI's VALOR Lab," said Didier Boivin, Executive Vice President, Metanoia. "The state-of-the-art OTA chamber, coupled with the company's extensive testing experience, represent an invaluable resource as we advance our leadership in the Open RAN ecosystem." Metanoia's JURA O-RU is a 4T4R 24dbm 5G FR1 radio unit that supports operation in the sub-6 GHz bands using TDD duplexing. It harnesses the power of its advanced Software Defined Radio (SDR) platform to deliver a flexible, high-performance Open RAN solution for 5G deployments. By combining powerful hardware acceleration with open-source adaptability, JURA O-RU facilitates efficiency and innovation in next-generation wireless networks. The VALOR RF chamber is the industry's first Test-as-a-Service offering for Massive MIMO and beamforming OTA validation. It creates a controlled environment that is free from outside interference and emulates multiple real-world scenarios by sending wireless signals to understand a device's behavior. Created in partnership with ETS-Lindgren, services offered include system-level Massive MIMO performance testing for up to 16 parallel spatial layers. VALOR enables independent and impartial interoperability, performance, and security testing leveraging VIAVI's industry-leading NITRO Wireless Open RAN Test Suite and the VAMOS unified framework for hybrid physical and cloud-based testing. Customers can access over 500 test cases compliant with O-RAN WG4, WG5, WG11, TIFG, and 3GPP specifications. VALOR facilitates better readiness for the certification, badging, and acceptance tests at OTICs and CSP labs. It provides services to members of the AI-RAN Alliance and customers referred to the lab by AT&T and Verizon's ACCoRD, and is the first test service to be authorized by the Telecom Infra Project (TIP) for its system performance certification program. About VIAVIVIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. VIAVI is also a leader in light management technologies for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government and aerospace applications. Learn more about VIAVI at Follow us on VIAVI Perspectives, LinkedIn and YouTube. About Metanoia CommunicationsMetanoia Communications is a leading System-on-Chip (SoC) innovator, having delivered multiple generations of semiconductor solutions for wireline broadband. Now, Metanoia is transforming the 5G NR ecosystem with its groundbreaking 5G SoC, featuring a future-proof Software Defined Radio (SDR) architecture, open-source flexibility, and industry-leading power efficiency. This platform sets a new benchmark for 4T4R ORAN-RU solutions, empowering operators to enhance network performance and accelerate the adoption of next-generation wireless technologies. Follow us on Linkedin. Media Inquiries:Grand BridgesEmma Jenkinsemma@ +1 415 800 4529 View original content to download multimedia: SOURCE VIAVI Solutions

Akebia Therapeutics Reports First Quarter 2025 Financial Results and Recent Business Highlights
Akebia Therapeutics Reports First Quarter 2025 Financial Results and Recent Business Highlights

Yahoo

time10-05-2025

  • Business
  • Yahoo

Akebia Therapeutics Reports First Quarter 2025 Financial Results and Recent Business Highlights

Strong initial quarter of Vafseo® (vadadustat) U.S. product launch, with Vafseo net product revenues of $12.0 million in Q1 2025 Total Q1 2025 net product revenues of $55.8 million Bolstered balance sheet and expanded institutional investor ownership through $50 million underwritten public offering of common stock; cash and cash equivalents of $113.4 million as of the end of the quarter Akebia to Host Conference Call at 8:00 a.m. ET on May 8, 2025 CAMBRIDGE, Mass., May 08, 2025 (GLOBE NEWSWIRE) -- Akebia Therapeutics®, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today reported financial results for the first quarter ended March 31, 2025 and recent business highlights. 'We are tremendously encouraged by the early progress of the Vafseo® (vadadustat) launch, having generated $12.0 million in net product revenues in the first quarter. We believe the early success reflects the excitement among physicians of having an alternative treatment for anemia available for their dialysis patients,' said John P. Butler, Chief Executive Officer of Akebia. 'We believe the introduction of Vafseo is one of the strongest drug launches into the dialysis market in many years, certainly since the adoption of transitional drug add-on payment adjustment (TDAPA) reimbursement, and we continue to believe that Vafseo could be a new standard of care for the treatment of anemia due to chronic kidney disease (CKD). Initial usage as expected is in the small and mid-sized dialysis providers and we look forward to continuing to drive adoption across all dialysis providers, large and small.' Vafseo U.S. Commercial Updates: Vafseo net product revenue in Q1 2025 totaled $12.0 million. Through the end of March, more than 640 prescribers wrote a prescription for Vafseo and each prescriber, on average, had written nearly 12 prescriptions. About 1/3 of all prescriptions written were refills and refill data demonstrate an increase in average dose per patient. Through the end of April, the top five dialysis organizations placed Vafseo orders, though most revenue continues to be driven by mid-sized dialysis organizations. Akebia estimates that it has at least 12 months of Vafseo inventory on hand in the U.S. free of potential incremental tariff payments based on its current operating plan. Additional Key Business Highlights: In March, completed an underwritten public offering of 25 million shares priced at $2.00 per share, raising gross proceeds of $50 million. U.S. Renal Care continues enrollment in VOICE, a collaborative clinical trial of Vafseo designed to assess mortality and hospitalization in patients treated with Vafseo compared to current standard of care. Enrollment is now at 75% of the planned trial enrollment of approximately 2,200 patients. Plan to initiate a Phase 3 clinical trial (VALOR) to study the use of vadadustat for treating anemia in late-stage CKD patients who are not on dialysis. Expect the VALOR clinical trial to begin in the second half of 2025. In January, Vafseo was recommended for symptomatic anemia in adults undergoing dialysis for CKD by the United Kingdom (U.K.) National Institute for Health and Care Excellence (NICE), a distinction especially relevant for practitioners and commissioners making care choices for patients in the U.K. and of interest globally. Akebia's partner Medice launched Vafseo in the U.K. Auryxia® (ferric citrate) net product revenue in Q1 2025 totaled $43.8 million. In January 2025, phosphate binders, including Auryxia, were added to the bundled payment for dialysis services and qualified for TDAPA, providing an additional payment for each service in which Auryxia is used. Loss of Auryxia market exclusivity occurred on March 20, 2025. To date, no Abbreviated New Drug Application has been approved for Auryxia, and there is only one authorized generic for Auryxia. In April, the Committee for Medicinal Products for Human Use of the European Medicines Agency adopted a positive opinion recommending the European Commission to approve XOANACYL® (Ferric Citrate as Coordination Complex) for the treatment of concomitant elevated serum phosphorous and iron deficiency in adult patients with CKD. Financial Results Revenues: Total revenues were $57.3 million in the first quarter of 2025 as compared to $32.6 million in the first quarter of 2024, driven by initial sales of Vafseo in the U.S. and an increase in sales of Auryxia. Vafseo net product revenues were $12.0 million in the first quarter of 2025. Vafseo was launched into the U.S. market in the first quarter of 2025. Auryxia net product revenues were $43.8 million in the first quarter of 2025 as compared to $31.0 million in the first quarter of 2024. License, collaboration and other revenues were $1.5 million in the first quarter of 2025 as compared to $1.6 million in the first quarter of 2024. Cost of Goods Sold: Cost of goods sold was $7.6 million in the first quarter of 2025 as compared to $11.6 million in the first quarter of 2024. A key driver of this decrease was the fact that Akebia carried a non-cash intangible amortization charge of $9.0 million per quarter through the fourth quarter of 2024. Of note, Vafseo-related cost of goods sold is derived from pre-launch inventory which does not include the full cost of manufacturing, as a portion of those inventory-related costs were recorded as R&D expenses in the period incurred prior to Vafseo's approval in the U.S. Also, during the first quarter of 2024, Akebia realized a $3.7 million benefit due to its ability to sell Auryxia inventory previously written down as excess inventory. Research & Development Expenses: Research and development expenses were $9.8 million in the first quarter of 2025 as compared to $9.7 million in the first quarter of 2024. Selling, General & Administrative Expenses: Selling, general and administrative expenses were $25.7 million in the first quarter of 2025 as compared to $25.4 million in the first quarter of 2024. Net Income (Loss): Net income was $6.1 million in the first quarter of 2025 compared to a net loss of $18.0 million in the first quarter of 2024. Net income in the first quarter of 2025 was driven by the increase in net product revenues, including the introduction of Vafseo sales in the U.S., which was partially offset by $5.4 million in interest expense related to the settlement royalty liability in connection with the July 2024 Vifor Termination and Settlement Agreement. Cash Position: Cash and cash equivalents as of March 31, 2025 were approximately $113.4 million compared to $51.9 million at December 31, 2024, which includes $46.5 million in net proceeds raised from an underwritten public offering of common stock completed in March. Akebia believes that it is financed to achieve profitability based on its current operating plan, which includes pursuing label expansion for Vafseo and advancing other existing programs. Conference Call Akebia will host a conference call on Thursday, May 8 at 8:00 a.m. Eastern Time to discuss first quarter 2025 earnings. To access the call, please register by clicking on this Registration Link, and you will be provided with dial in details. To avoid delays and ensure timely connection, we encourage dialing into the conference call 15 minutes ahead of the scheduled start time. A live webcast of the conference call will be available via the 'Investors' section of Akebia's website at: An online archive of the webcast can be accessed via the Investors section of Akebia's website at approximately two hours after the event. About Akebia Therapeutics Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease. Akebia was founded in 2007 and is headquartered in Cambridge, Massachusetts. For more information, please visit our website at which does not form a part of this release. About Vafseo® (vadadustat) tablets Vafseo® (vadadustat) tablets is a once-daily oral hypoxia-inducible factor prolyl hydroxylase inhibitor that activates the physiologic response to hypoxia to stimulate endogenous production of erythropoietin, increasing hemoglobin and red blood cell production to manage anemia. Vafseo is approved for use in 37 countries. INDICATION VAFSEO is indicated for the treatment of anemia due to chronic kidney disease (CKD) in adults who have been receiving dialysis for at least three months. Limitations of Use VAFSEO has not been shown to improve quality of life, fatigue, or patient well-being. VAFSEO is not indicated for use: As a substitute for red blood cell transfusions in patients who require immediate correction of anemia. In patients with anemia due to CKD not on dialysis. IMPORTANT SAFETY INFORMATION about VAFSEO (vadadustat) tablets WARNING: INCREASED RISK OF DEATH, MYOCARDIAL INFARCTION, STROKE, VENOUS THROMBOEMBOLISM, and THROMBOSIS OF VASCULAR ACCESS. VAFSEO increases the risk of thrombotic vascular events, including major adverse cardiovascular events (MACE). Targeting a hemoglobin level greater than 11 g/dL is expected to further increase the risk of death and arterial and venous thrombotic events, as occurs with erythropoietin stimulating agents (ESAs), which also increase erythropoietin levels. No trial has identified a hemoglobin target level, dose of VAFSEO, or dosing strategy that does not increase these risks. Use the lowest dose of VAFSEO sufficient to reduce the need for red blood cell transfusions. CONTRAINDICATIONS Known hypersensitivity to VAFSEO or any of its components Uncontrolled hypertension WARNINGS AND PRECAUTIONS Increased Risk of Death, Myocardial Infarction (MI), Stroke, Venous Thromboembolism, and Thrombosis of Vascular AccessA rise in hemoglobin (Hb) levels greater than 1 g/dL over 2 weeks can increase these risks. Avoid in patients with a history of MI, cerebrovascular event, or acute coronary syndrome within the 3 months prior to starting VAFSEO. Targeting a Hb level of greater than 11 g/dL is expected to further increase the risk of death and arterial and venous thrombotic events. Use the lowest effective dose to reduce the need for red blood cell (RBC) transfusions. Adhere to dosing and Hb monitoring recommendations to avoid excessive erythropoiesis. HepatotoxicityHepatocellular injury attributed to VAFSEO was reported in less than 1% of patients, including one severe case with jaundice. Elevated serum ALT, AST, and bilirubin levels were observed in 1.8%, 1.8%, and 0.3% of CKD patients treated with VAFSEO, respectively. Measure ALT, AST, and bilirubin before treatment and monthly for the first 6 months, then as clinically indicated. Discontinue VAFSEO if ALT or AST is persistently elevated or accompanied by elevated bilirubin. Not recommended in patients with cirrhosis or active, acute liver disease. HypertensionWorsening of hypertension was reported in 14% of VAFSEO and 17% of darbepoetin alfa patients. Serious worsening of hypertension was reported in 2.7% of VAFSEO and 3% of darbepoetin alfa patients. Cases of hypertensive crisis, including hypertensive encephalopathy and seizures, have also been reported in patients receiving VAFSEO. Monitor blood pressure. Adjust anti-hypertensive therapy as needed. SeizuresSeizures occurred in 1.6% of VAFSEO and 1.6% of darbepoetin alfa patients. Monitor for new-onset seizures, premonitory symptoms, or change in seizure frequency. Gastrointestinal (GI) ErosionGastric or esophageal erosions occurred in 6.4% of VAFSEO and 5.3% of darbepoetin alfa patients. Serious GI erosions, including GI bleeding and the need for RBC transfusions, were reported in 3.4% of VAFSEO and 3.3% of darbepoetin alfa patients. Consider this risk in patients at increased risk of GI erosion. Advise patients about signs of erosions and GI bleeding and urge them to seek prompt medical care if present. Serious Adverse Reactions in Patients with Anemia Due to CKD and Not on Dialysis The safety of VAFSEO has not been established for the treatment of anemia due to CKD in adults not on dialysis and its use is not recommended in this setting. In large clinical trials in adults with anemia of CKD who were not on dialysis, an increased risk of mortality, stroke, MI, serious acute kidney injury, serious hepatic injury, and serious GI erosions was observed in patients treated with VAFSEO compared to darbepoetin alfa. MalignancyVAFSEO has not been studied and is not recommended in patients with active malignancies. Malignancies were observed in 2.2% of VAFSEO and 3.0% of darbepoetin alfa patients. No evidence of increased carcinogenicity was observed in animal studies. ADVERSE REACTIONS The most common adverse reactions (occurring at ≥ 10%) were hypertension and diarrhea. DRUG INTERACTIONS Iron supplements and iron-containing phosphate binders: Administer VAFSEO at least 1 hour before products containing iron. Non-iron-containing phosphate binders: Administer VAFSEO at least 1 hour before or 2 hours after non-iron-containing phosphate binders. BCRP substrates: Monitor for signs of substrate adverse reactions and consider dose reduction. Statins: Monitor for statin-related adverse reactions. Limit the daily dose of simvastatin to 20 mg and rosuvastatin to 5 mg. USE IN SPECIFIC POPULATIONS Pregnancy: May cause fetal harm. Lactation: Breastfeeding not recommended until two days after the final dose. Hepatic Impairment: Not recommended in patients with cirrhosis or active, acute liver disease. Please note that this information is not comprehensive. Please click here for the Full Prescribing Information, including BOXED WARNING and Medication Guide. Forward-Looking Statements Statements in this press release regarding Akebia Therapeutics, Inc.'s ("Akebia's") strategy, plans, prospects, expectations, beliefs, intentions and goals are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended, and include, but are not limited to, statements regarding: Akebia's plans and expectations with respect to the commercial launch of Vafseo, including that its early success reflects excitement among physicians of having an alternative treatment for anemia available for dialysis patients; Akebia's statements about the strength of the Vafseo launch; Akebia's beliefs and plans to establish Vafseo as the new standard of care for the treatment of anemia due to CKD; Akebia's expectations as to usage and its plans to drive adoption across all dialysis providers; Akebia's estimates about the amount of Vafseo inventory on hand in the U.S. that is free of potential incremental tariff payments based on its current operating plan; Akebia's plans and expectations with respect to a Phase 3 clinical trial (VALOR) to study the use of vadadustat for treating anemia in late-stage CKD patients who are not on dialysis and the timing thereof; Akebia's expectations regarding the VOICE trial; and Akebia's expectations that it is financed to achieve profitability based on its current operating plan, which includes pursuing label expansion for Vafseo and advancing other existing programs and assumptions related thereto. The terms "intend," "believe," "plan," "goal," "potential," "anticipate, "estimate," "expect," "future," "will," "continue," derivatives of these words, and similar references are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results, performance or experience may differ materially from those expressed or implied by any forward-looking statement as a result of various risks, uncertainties and other factors, including, but not limited to, risks associated with: the commercial availability of Vafseo; the potential demand and market potential and acceptance of, as well as coverage and reimbursement related to, Auryxia® and Vafseo, including estimates regarding the potential market opportunity; the competitive landscape for Auryxia and Vafseo, including generic entrants and the timing thereof; the ability of Akebia to attract and retain qualified personnel; Akebia's ability to achieve and maintain profitability and to maintain operating expenses consistent with its operating plan; decisions made by health authorities, such as the FDA, with respect to regulatory filings and other interactions; the potential therapeutic benefits, safety profile, and effectiveness of Vafseo; the results of preclinical and clinical research; manufacturing, supply chain and quality matters and any recalls, write-downs, impairments or other related consequences or potential consequences; early termination of any of Akebia's collaborations; and changes in the geopolitical environment and uncertainty surrounding U.S. trade policy on tariffs. Other risks and uncertainties include those identified under the heading "Risk Factors" in Akebia's Annual Report on Form 10-K for the year ended December 31, 2024, and other filings that Akebia may make with the U.S. Securities and Exchange Commission in the future. These forward-looking statements (except as otherwise noted) speak only as of the date of this press release, and, except as required by law, Akebia does not undertake, and specifically disclaims, any obligation to update any forward-looking statements contained in this press release. Akebia Therapeutics®, Auryxia® and Vafseo® are registered trademarks of Akebia Therapeutics, Inc. and its affiliates. Akebia Therapeutics Contact Mercedes Carrasco mcarrasco@ AKEBIA THERAPEUTICS, INC. Unaudited Condensed Consolidated Statements of Operations Three Months Ended March 31, (in thousands, except per share data) 2025 2024 Revenues Product revenue, net $ 55,791 $ 31,009 License, collaboration and other revenue 1,545 1,598 Total revenues 57,336 32,607 Cost of goods sold Cost of product and other revenue 7,625 2,594 Amortization of intangible asset — 9,011 Total cost of goods sold 7,625 11,605 Operating expenses Research and development 9,754 9,731 Selling, general and administrative 25,742 25,438 License 701 711 Restructuring — 58 Total operating expenses 36,197 35,938 Income (loss) from operations 13,514 (14,936 ) Other expense, net (7,557 ) (2,403 ) Change in fair value of warrant liability 155 (129 ) Loss on extinguishment of debt — (517 ) Net income (loss) $ 6,112 $ (17,985 ) Net income (loss) per share - basic $ 0.03 $ (0.09 ) Net income (loss) per share - diluted $ 0.03 $ (0.09 ) Weighted-average number of common shares - basic 235,497,720 204,955,151 Weighted-average number of common shares - diluted 241,602,853 204,955,151 Unaudited Selected Balance Sheet Data (in thousands) March 31, 2025 December 31, 2024 Cash and cash equivalents $ 113,374 $ 51,870 Working capital $ 112,555 $ 32,917 Total assets $ 310,185 $ 220,670 Total stockholders' equity (deficit) $ 24,581 $ (49,185 )

VIAVI Expands Open RAN Lab-as-a-Service Facility with Industry's First Test-as-a-Service Offering for Massive MIMO OTA Performance Testing
VIAVI Expands Open RAN Lab-as-a-Service Facility with Industry's First Test-as-a-Service Offering for Massive MIMO OTA Performance Testing

Yahoo

time05-05-2025

  • Business
  • Yahoo

VIAVI Expands Open RAN Lab-as-a-Service Facility with Industry's First Test-as-a-Service Offering for Massive MIMO OTA Performance Testing

Expansion includes new RF chamber and two additional customer labs CHANDLER, Ariz., April 3, 2025 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has expanded its VIAVI Automated Lab-as-a-Service for Open RAN (VALOR™) testing facility with an RF-shielded anechoic chamber and two additional customer labs. Based in Chandler, Arizona, the VALOR Lab offers a highly automated, open and impartial Lab-as-a-Service / Test-as-a-Service suite for Open RAN interoperability, performance and security. The project is funded by the U.S. National Telecommunications and Information Administration (NTIA) Public Wireless Supply Chain Innovation Fund. The new RF Chamber is the industry's first test-as-a-service offering for Massive MIMO and beamforming over-the-air (OTA) validation, including system-level Massive MIMO performance testing for up to 16 parallel spatial layers. An evolution of Multiple-In Multiple-Out (MIMO) technology for previous generations of wireless technology, Massive MIMO utilizes large arrays of antennas to support the increased data rates and spectral efficiency of 5G. Compared to traditional testing using electrical cabling between test instruments and the device under test (DUT), OTA streamlines the testing process by placing the DUT in a chamber shielded from outside interference and testing it with wireless signals to further emulate real-world scenarios. In addition to the RF chamber, two additional labs are now available. Customers can access over 500 test cases compliant with O-RAN WG4, WG5, WG11, TIFG and 3GPP specifications. "This expansion addresses the growing demand for our innovative Open RAN Lab-as-a-Service offering, which helps democratize Open RAN testing for technology vendors by providing them with a comprehensive, on-demand test suite throughout the entire product lifecycle," said Erik Probstfield, Senior Director, VALOR, VIAVI. "With the new RF Chamber, we are excited to offer OTA testing that will help accelerate O-RU commercialization and innovation." The RF chamber is provided by ETS-Lindgren, a world leader in wireless over-the-air (OTA) performance testing. "Congratulations to VIAVI on the successful expansion of the VALOR Lab," said Andy Warner, President, ETS-Lindgren. "We are proud to support the team with this state-of-the-art, customized chamber to bring the next generation of OTA base station test methodology to the industry." VALOR provides conformance, performance, security and interoperability testing leveraging VIAVI's industry-leading NITRO Wireless Open RAN Test Suite, the VAMOS unified framework for hybrid physical and cloud-based testing, as well as reference O-RAN compliant O-RUs, O-DUs and O-CUs provided by several reputable partners. As the first AI-RAN Alliance-endorsed lab, VALOR serves as a hub for members of the AI-RAN Alliance, fostering innovation and enabling cutting-edge advancements in AI-powered telecommunications. In addition, as part of VIAVI's collaboration with AT&T and Verizon to accelerate Open RAN testing, VALOR's full suite of O-RAN tests will be available to customers referred to the lab by ACCoRD. Complementary to most currently existing industry testing labs, VALOR facilitates better readiness for the certification, badging and acceptance tests at OTICs and CSP labs. It is the first test service to be authorized by the Telecom Infra Project (TIP) for its system performance certification program. About VIAVI VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace and railway. VIAVI is also a leader in light management technologies for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, government and aerospace applications. Learn more about VIAVI at Follow us on VIAVI Perspectives, LinkedIn and YouTube. Media Inquiries: Grand Bridges Emma Jenkins emma@ +1 415 800 4529 View original content to download multimedia: SOURCE VIAVI Solutions Sign in to access your portfolio

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