News

LASTING Software, NEWTEC formalize 600K EUR investment in growing Timisoara telecom ecosystem

Timisoara, 2nd April, 2019 – Timisoara-based software solutions provider LASTING Software has formalized its long-term collaboration with Belgian-based satellite communications company NEWTEC by setting up a new, dedicated software solutions research and development (R&D) center. Backed by major public and private sector players – such as mobile network leader Nokia, the European Space Agency (ESA), the Romanian Space Agency (ROSA) and the Politehnica University Timisoara – the LASTING Software – NEWTEC venture aims to turn Timisoara into a hotspot for Satellite telecom expertise via a joint 600K EUR investment in a local R&D center.


LASTING Software has signed a business agreement with NEWTEC, the global technology company specialized in designing, developing and manufacturing equipment and technologies for satellite communications. The LASTING Software – NEWTEC agreement formalizes a successful existing partnership and collaboration between the two entities: over the past 18 months, the joint LASTING Software – NEWTEC team in Timisoara has grown to 12 dedicated engineers developing satellite backhaul solutions for mobile communications.

NEWTEC brings to the table 30+ years’ experience in satellite communications, as well as considerable knowledge in mobile network technologies. LASTING Software is a technology leader and one of the earliest established software solutions providers in Western Romania, currently focused on areas such as telecommunications, graphics, mobile & IoT & Cloud, analytics & Big Data.

The project for the establishment of a telecom R&D center in Timisoara is co-financed by the European Space Agency (ESA) and coordinated at national level by the Romanian Space Agency (ROSA); the latter has provided support in accelerating the growth of the dedicated project engineering team in Timisoara. The development of the satellite backhaul solution for mobile communication is supported and facilitated by Nokia. The latter is working closely with the LASTING Software and NEWTEC team on a proof of concept (PoC) consisting of an end to end platform that will validate the satellite backhauling solution currently being developed, and which will function for 2G, 3G, 4G and soon 5G mobile networks.

All the players involved in this project led by LASTING Software and NEWTEC, see great value in the continued development of an ecosystem of telecom-related know-how, expertise and infrastructure in Timisoara, turning the latter into an attractive hub for students and experienced professionals alike.

“The LASTING Software Partnership with NEWTEC is a reason to feel honored and motivated. We can now capitalize on our company’s significant expertise in the telecom area while working with – and learning from – experienced industry partners in an international, dynamic environment. We aim to innovate and develop exciting solutions that support a truly digital future for telecommunications & beyond”, stated LASTING Software CEO Daniel Zirmer.

 

About LASTING Software

With an innovative mindset, LASTING Software has grown into a major consultancy and software development company, in touch with the latest advances in digital transformation. LASTING Software is a leader in software development services and Quality Assurance (QA), with special focus on areas including telecommunications, graphics, mobile & IoT & cloud, analytics & Big Data, as well as Agile management.

Our company has specialized in enterprise software solutions since 1996, when it began by implementing and building computer software systems for various clients across industries. LASTING Software is part of LASTING Group, one of the oldest and most established Romanian technology companies; it became an independent business unit in 1999, and has been a standalone company since 2000.

Located in Timisoara, West Romania, we are a truly internationally-minded company, with customers in Western Europe & North America. We like challenges and we empower our people to explore innovation, while providing a robust environment that motivates hard work and fast thinking.

 

About NEWTEC

NEWTEC, www.newtec.eu, is specialized in designing, developing and manufacturing equipment and technologies for satellite communications. As a pioneer in the industry, NEWTEC is dedicated to creating new possibilities for the broadcast, consumer and enterprise VSAT, government, cellular backhaul and trunking and mobility, offshore and maritime markets. Its products and technologies can be applied in a wide range of single and multiservice applications from DTH broadcasting, video contribution and distribution and disaster recovery and backbones for cellular backhauling, to small and medium enterprises, SCADA and oil and gas networks, aircrafts and vessels.

NEWTEC is a European company headquartered in Sint-Niklaas, Belgium. Through additional commercial offices in Dubai (UAE), Singapore, Beijing (China), Sao Paulo (Brazil) and Stamford, CT (USA) as well as an extensive network of over 100 certified partners, NEWTEC can meet customer’s needs worldwide.