Nokia, Innventure Collaborate on Satcom Technology
Nokia and Innventure, which commercializes technologies, established a relationship designed to accelerate commercialization of Nokia Bell Labs satellite communications technology and intellectual property in areas beyond Nokia core businesses. The collaboration with Innventure will be led by Nokia Technologies, the company’s licensing arm.
Innventure and Nokia will focus initially on Adaptive Bandwidth Management (ABM) technology, which improves bandwidth utilization, security, and resilience of satellite systems. The technology and inventions originate from Nokia Bell Labs.
Jenni Lukander, President of Nokia Technologies, said: “Nokia continues to explore new ways to help others benefit from Nokia innovations, while creating value from our industry leading portfolio of technologies and innovation. Innventure’s approach has strong potential to further develop selected Nokia innovations on a commercial level.”