XG Technology, Inc.

xG Technology, Inc.
Type Public
Industry Telecommunications, Broadband Wireless Access
Founded 2002
Headquarters Sarasota, Florida, U.S.
Key people Richard L. Mooers, Chairman/CEO
Roger G. Branton, CFO
Joseph A. Bobier, CTO
John C. Coleman, COO
Products xMax TX60 Handset, BSN250 Base Station, xMSC
Revenue $10.6 Million USD FY '09
Net income -$1.6 Million USD FY '09
Employees 70
Website www.xgtechnology.com

xG Technology, Inc. is developer of technology for wireless communications. The company is headquartered in Sarasota, Florida with engineering facilities located in Fort Lauderdale, Florida. It is incorporated under the laws of Delaware. xG is a publicly traded company listed on the London Stock Exchange's Alternative Investment Market. Its stock symbol is XGT.L.

The company developed cognitive radio technology for mobile services using licensed or unlicensed radio spectrum. xG’s initial product is xMax, a carrier-class cognitive radio network. xMax is a mobile VoIP and broadband data system with an end-to-end Internet Protocol (IP) system architecture.

The xMax system is designed to allow mobile operators to utilize free, unlicensed 902-928 MHz ISM band spectrum (which is available in most of the Americas) instead of purchasing licensed spectrum costing millions of dollars.

The company deployed a 30-square-mile (78 km2) xMax network in the Fort Lauderdale, Florida area. On September 22, 2009, a blogger posted a description of a demonstration.

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