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LONDON, ENGLAND, November 19, 2020 /24-7PressRelease/ -- AVEALTO was formed to provide low cost and high quality telecommunications and data infrastructure for the 3 Billion people in underserved regions of the world using sustainable High Altitude Platform ("HAP") technology.
AVEALTO HAP vehicles will be a commercially viable alternative to existing satellite telecommunications services and will provide to lower costs, lower latency and lower error rate. HAP vehicles will be able to capture a share of the US$ 5 Trillion annual telecommunication revenues while bringing transparent access to the worldwide networks to the communities we serve.
The OCMX™ is pleased to announce the listing of Avealto to its online portal which offers Investors and Advisors the ability to learn more about this exciting opportunity.
The OCMX™ has spent considerable time completing its due diligence on Avealto and concluded that there is indeed a tremendous potential for this opportunity.
The OCMX™ noted that Avealto exhibits the main components of any solid opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
• An existing market of more than US$25 Billion already exists.
• AVEALTO will be able to transparently replace capacity in that market at a lower cost than existing providers and with a higher quality lower latency (delay) service.
• AVEALTO has customers already waiting for service in a number of markets throughout the world.
• The technical challenges related to building a viable commercial HAP vehicle for telecom have been overcome. We are in the final stage of development.
• AVEALTO design uses sustainable technology.
Walt Anderson, Chairman and Managing Director
Walt Anderson is a world leader in the telecommunications and aerospace fields, with over 25 years of experience in creating fast growing successful organizations. He founded or co-founded 4 successful telecom startups and produced over 2.2 Billion of exit value from these 4 entities.
David Chambers, Director
David Chambers has extensive experience in the satellite and telecommunications industry. Mr. Chambers past experience working in advance material industry will help the company to optimize it vehicle design and function.
Manuel Esperon, Director of vehicle development
Mr. Esperon has years of experience in multiple aeronautic R&D projects. Has worked with Boeing on an new Additive Manufacturing process and also managed a team developing other key systems for them and was instrumental at Johnson Controls in improving quality control systems for engineering teams in Europe. Mr. Esperon is coordinating and supervising the activities of contractors in relation to the final development of Avealto's initial commercial vehicle.
Carlos Gardellini, Director of Payload development
Carlos Gardellini brings extensive experience in satellite design and engineering. Mr. Gardellini held senior posts at the Space Development Company, MicroSat Launch Systems and Esprit Telecom. He designed equipment that successfully flew on three different Space Shuttle missions.
ABOUT THE OCMX™
The OCMX™ is changing how companies generate exposure in the financial marketplace and raise funds as we know it. The OCMX™ serves both public and private companies in need of market exposure during financial raises. It does this by way of connecting the relevant companies with financial institutions all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia.
The OCMX™ connects investors and advisors directly with companies seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to
generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
TD Canada Trust Tower
161 Bay Street, 45th Floor
Toronto, Ontario, M5J 2S1
Email: [email protected]
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