Straight Path Communications is a company that has established a strong presence in the wireless technology sector since its founding in 2013. The company holds a significant portfolio of 39 GHz and 28 GHz wireless spectrum licenses, positioning itself at the forefront of the industry. Through its subsidiaries, Straight Path Ventures and Straight Path IP Group, the company not only holds licenses but also drives business activities connected to specific patents. This diverse approach demonstrates the company's commitment to exploring various avenues within the wireless technology landscape.
Notably, Clutterbuck Capital Management made a strategic move by investing $17.50 million post-IPO debt in Straight Path Communications on February 7, 2017. This significant investment serves as a testament to the investor's belief in the company's potential to shape the future of wireless technology. Overall, with its extensive spectrum licenses and forward-thinking subsidiaries, Straight Path Communications continues to solidify its position as a key player in the wireless technology arena.
