Vecima's US-made fiber for BEAD rolls off the production line
Vecima said fiber from a new US-based facility has started to roll off the production line to support BABA requirements attached to the BEAD program. #pressrelease
August 28, 2024
Today, Vecima Networks Inc. (TSX: VCM) and MARA Technologies USA, Inc., a subsidiary of Invotek Group Inc. (Invotek), announced that some of Vecima's first Entra SF-4X Fiber-to-the-Premises (FTTP) Optical Line Terminals (OLTs) have rolled off the production line in MARA's Holly, Michigan facility.
The milestone was marked with an official visit to the MARA Technologies USA Holly facility on August 28 by Alan Davidson, Assistant Secretary of Commerce for Communications and Information and National Telecommunications and Information Administration (NTIA) Administrator.
As previously announced, Vecima has expanded manufacturing into the U.S. for certain products in its Entra portfolio to meet the proposed Build America, Buy America (BABA) requirements under the Broadband Equity, Access, and Deployment (BEAD) Program, one of the programs established under the Infrastructure Investment & Jobs Act (IIJA).
Read the full press release here.
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