Viper Networks, Inc Reaches Definitive Agreement with 21 Suburban Cities in Greater Chicago to Launch Smart City Projects in 2021
August 13, 2021 at 03:10 pm
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Viper Networks, Inc. announced that it has reached a final 20-year agreement with a consortium of 21 cities throughout suburban Chicago, Illinois; to build and operate a variety of smart city projects. Cities are looking to take advantage of the latest $1.2 Trillion Infrastructure Bill that just passed this week, and Viper Networks is prime to partner with the latest technology and services, and launch Smart City Projects nationwide. As American cities begin to transform their infrastructure, Viper Networks is focused on providing municipalities with the ability to efficiently control and adjust street lighting, monitor activities, provide state-of-art communication, enhance security and manage traffic; all while reducing the environmental footprint and creating new revenue sources. Viper is making it even easier to buy with its latest infrastructure-as-a-service combined with a revenue-share model, allowing cities to quickly deploy infrastructure without heavy upfront capital and thus removing barrier to entry; in exchange cities share the upside of new revenues with Viper, such as advertising or artificial-intelligence-based traffic violations, generating a long-term mutually beneficial relation. The project is commencing in the cities of Palos Hills and Justice, gradually adding infrastructure with a target rollout of approximately 2,000 smart poles by the second half of 2022. This will drive an annualized revenue of $10 million before adding the revenue share.
Viper Networks will showcase new smart poles with smart wireless control, camera and wireless 6E and 5G interconnection, digital advertising panels, smart LED lights, WiFi, and fiber optics interconnection in the Greater Chicago area this fall. We will have media companies for live streaming at the opening of the project.
Viper Networks, Inc. is a provider of light emitting diode (LED) solutions. The Company, in partnership with Apollo Metro, offers a range of LED lighting solutions. The Company provides LED street lights, parking lot lighting, indoor lighting and other lighting solutions. It provides multi-vendor managed service and solutions to telecommunication service providers of various networks in the Middle East and Africa. The Company provides engineering services for planning, network expansion and managed services to various telecom operators and vendors with engineering support services. Its services include site survey for network planning and designing for the telecom network, drive test and network optimization, installation of telecommunication system, managed service and maintenance services, telecommunications assistance work, radio frequency (RF) and microwave site survey and planning, and voice over Internet protocol (VOIP) network design and implementation.