Menu

EKINOPS en français

NEWS &

PRESS RELEASE

EKINOPS obtains additional financing in the form of a €12 million state-guaranteed loan

Share on linkedIn
EKINOPS obtains additional financing in the form of a €12 million state-guaranteed loan

EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of telecommunications solutions for telecom operators, has drawn up a term sheet with its bank partners with a view to obtaining a new €12 million credit facility.

The loan, 90% of which is guaranteed by the French state under the PGE state-guaranteed loan scheme (ministerial orders of March 23 and April 17, 2020 awarding the state guarantee to credit institutions and finance companies, implementing Article 6 of Law no. 2020-289 of March 23, 2020), will have a maturity of one year with optional extension for up to five additional years (May 2026) at the Company’s discretion.

Meanwhile, US subsidiary EKINOPS Corp. has obtained USD 596,000 of financing under the Paycheck Protection Program (PPP), a scheme offered to SMEs by the Small Business Administration (SBA) in tandem with State governors to help them get through the crisis. This loan is granted for a maximum two-year term with a six-month payment deferral.

  • Customer Link (Website):
  • About Ekinops: About EKINOPS
  • EKINOPS Boilerplate:

    EKINOPS is a leading provider of open and fully interoperable layer 1, 2 and 3 solutions to service providers around the world. Our programmable and highly scalable solutions enable the fast, flexible and cost-effective deployment of new services for both high-speed, high-capacity optical transport as well as virtualization-enabled managed enterprise services.

    Our product portfolio consists of two highly complementary product sets. One, marketed under the EKINOPS 360 brand name, provides a single, fully integrated platform for Metro, Regional, and Long-Haul applications. The other, marketed under the OneAccess brand name, provides a wide choice of physical and virtualized deployment options for layer 2 and layer 3 network functions.

    As service providers embrace SDN and NFV deployment models, Ekinops’ solutions enable them to deploy today in the knowledge that they can seamlessly migrate to an open virtualized delivery model at a time of their choosing.

    A global organization, with operations in 4 continents; EKINOPS (EKI) - a public company traded on the Euronext Paris exchange - is headquartered in Lannion, France, and EKINOPS Corp., a wholly-owned subsidiary, is incorporated in the USA.

    EKINOPS sur Euronext

    Name : EKINOPS
    ISIN Code : FR0011466069
    Mnemonic code : EKI
    Number of shares: 24,221,111

  • Download PR: Download this Press Release

Latest News

  • EKINOPS secures Remote Working with SD-WAN Home Office Connect

    EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of optical transport and enterprise connectivity solutions, today announces the launch of SD-WAN Home Office Connect, a compact networking solution tailored to support enterprises in overcoming the performance, security and legal challenges of managing remote working.

     
  • EKINOPS Chosen by Swisscom for Access Network Virtualization Software

    EKINOPS (Euronext Paris - FR0011466069 – EKI), a network access and virtualization specialist, today announces that Swisscom (Bern/CH), a leading ICT company in Switzerland, has selected EKINOPS to deliver a new virtualized network solution on uCPE (universal Customer Premises Equipment).

     
  • EKINOPS OneOS6-LIM Certified on Verizon Wireless Network Together with Lanner 1515 Whitebox Solution

    EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading provider of open, future-proof and flexible networking solutions to service providers and telecom operators, today announces the certification of the EKINOPS OneOS6-LIM (Operating System and software Local Infrastructure Manager), with the Lanner NCA-1515/L-1515 on the Verizon Wireless Network. The certification under the Verizon Wireless Open Development Initiative (ODI) program allows a product to connect to the Verizon Wireless Network.

     

EKINOPS Worldwide

EKINOPS EMEA & APAC
Telephone +33 (0)1 77 71 12 00

EKINOPS AMERICAS
Telephone 800-670-2618

 

E-MAIL ALERTS

Receive automatically EKINOPS information in your inbox!