A definitive list of the most innovative and game-changing private companies on the path to becoming the next generation of great public companies.

Making 5G a broader reality

While the futures of many industries have been thrown into question as a result of the coronavirus pandemic, the need for 5G is not one of them. An entire country working remotely has emphasized why faster and more robust broadband is needed, and Movandi’s offerings are at the core of that.

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These are the 2021 CNBC Disruptor 50 companies

In the eighth annual Disruptor 50 list, CNBC identifies private companies whose breakthroughs are influencing business and market competition at an accelerated pace. They are poised to emerge from the coronavirus pandemic with tech platforms that have the power to dominate.

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The 2021 CNBC Disruptor 50: How we chose the list of companies

The coronavirus pandemic has forced the acceleration of many disruptive trends. Venture-backed start-ups are at the center of all of these sudden shifts in demand, and we wanted to make sure the ninth annual CNBC Disruptor 50 list would showcase companies that exemplified the accelerated trends.

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Movandi Brings the Future of 5G to 2021 CNBC Disruptor 50 List

IRVINE, Calif., May 25, 2021 – Movandi, a leader in new 5G millimeter wave (mmWave) networks, announced today it was named to the 2021 CNBC Disruptor 50, making 5G a broader reality. The mission of the CNBC Disruptor 50 list has always been to identify fast-growing, innovative start-ups on the path to becoming the next generation of great public companies. Movandi was named a leader in 5G innovation with CNBC and one of the most innovative companies in the world. Learn more about why Movandi was selected a 2021 CNBC Disruptor 50 here.

“The future of 5G depends on the ability of innovators to make the most of new 5G mmWave infrastructure,” said Maryam Rofougaran, CEOand founder, Movandi.“Movandi is solving real-world mmWave deployment challenges with high-performance core 5G technology to enable multi-gigabit-speed 5G to reach its full potential, unleashing 5G connectivity for billions of users around the world. To be recognized by CNBC as a disruptor in 5G is a tremendous honor and highlights the incredible team at Movandi, who all appreciate this award.”

Movandi has begun deployments with leading 5G operators and OEMs including Verizon, Korea Telecom and SK Telecom. Movandi’s mmWave products and technologies are spurring innovation and new use cases across multiple industries including the IoT, telemedicine, security, automotive, gaming and AI-enabled edge applications.

“Movandi’s5G mmWave technology is advancing mobility by creating a unified connectivity fabric connecting people to people, people to information and people to everything,” said Reza Rofougaran, CTO, and founder, Movandi.“We believe 5G is on a fast track to change the world by driving economic growth, resiliency, sustainability and digital equity. With more people working and studying from home, the COVID-19 pandemic has exposed the growing digital divide between those who have easy access to high-speed connectivity and those who do not. Widespread deployment of 5G networks will help bridge this gap and deliver on President Biden’s goal of expanding broadband access to all Americans.”

The companies on the 2021 CNBC Disruptor 50 list were selected by CNBC’s editorial staff and its Disruptor 50 Advisory Council based on a proprietary blend of quantitative and qualitative information.

About Movandi

Movandi designs and develops deep semiconductor technology powering 5G and beyond interconnecting our world and enabling AI applications across multiple industries. Movandi’s patented BeamXR-powered smart repeaters solve today’s challenges of 5G deployments, cost and operational issues with patented semiconductor, intelligent software and reference architectures.

The company was founded by former Broadcom innovators who are world-recognized RF and SoC pioneers and visionaries, including today’s top leaders in the wireless industry, whose innovations have shaped and transformed wireless in the last few decades. Movandi’s strong and diverse system portfolio of IP and patents powers the complete 5G ecosystem, from infrastructure to mobile, while allowing for maximum 5G coverage. Learn more at www.movandi.com.