AMD, Intel & Lockheed Martin & More: Why This Data Compaction Startup Is Catching The Eye Of These Billion-Dollar Brands

AtomBeam, an innovative technology firm, is set to transform the rapidly growing field of machine-produced data, by accelerating network speeds and enhancing security through its groundbreaking compaction software. The startup can increase bandwidth 300% by substantially compacting data. The startup has raised over $2.8 million from retail investors. For a limited time, anyone can invest in AtomBeam.

Click here to invest in AtomBeam alongside thousands of other retail investors.

AtomBeam’s unique technology has already drawn attention from prominent customers such as CrowdPoint Technologies, Saab, and the U.S. Air Force. Its industry reach has also extended to forming alliances with tech giants like Intel Corp., AMD, Lockheed Martin Corp., and Inmarsat.

The company’s Compaction software is anticipated to improve speed and efficiency across various sectors, including aviation, automotive, mobile communications, and sensor technologies, representing just the start of AtomBeam’s future potential.

Significantly, AtomBeam’s software is shielded by a robust intellectual property portfolio, comprising 26 issued patents and 16 more pending. As of now, no known competitors can match the capabilities of AtomBeam’s Compaction software, including increased bandwidth, security enhancement, and data searchability improvements, on any processor over any network.

To stay updated with top startup news & investments, sign up for Benzinga's Startup Investing & Equity Crowdfunding Newsletter

Case in Point

One highlighted use case from AtomBeam’s StartEngine page presents a scenario where a large corporation wishes to transition from once-daily data collection and compression to real-time data transmission. Traditional compression techniques, however, cannot handle individual machine data files, thereby increasing connectivity costs fourfold and adding millions to the annual expenditure. AtomBeam’s Compaction software can enable this real-time data transition without any increase in connectivity costs while bolstering security.

Such potential savings, coupled with the substantial data storage needs of tech giants such as Amazon.com, Inc., Apple Inc., and Meta Platforms Inc., underscore AtomBeam’s potential to disrupt the data transmission sector.

In April, the U.S. Air Force selected AtomBeam for a Phase 1 contract worth $75,000, earmarked for the initial development of Compaction on a chip called a field programmable gated array (FPGA). This recently led to two more contracts for $1.25 million Phase II contracts.

Looking Ahead

As AtomBeam solidifies its intellectual property rights, the next major hurdle is optimal product design. In a March 17 webinar, AtomBeam delineated its considerations between field programmable gate arrays (FPGAs) and application-specific integrated circuits (ASICs).

Despite the versatility of FPGAs, AtomBeam has concluded that ASICs—chips designed specifically for a particular purpose—are the ideal choice for most of its customers. The cost benefits of ASICs, along with the extensive codebooks AtomBeam can create, make them the most sensible option.

This decision aligns with the company’s primary objective of making its product an obvious choice for customers. Through its innovative approach, AtomBeam is all set to disrupt the data transmission industry and bring about a new era of efficiency in the Internet of Things (IoT). For those looking to invest, click here.

See more on startup investing from Benzinga.

Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer's securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!