By TED CORDERO, GMA News
Published February 19, 2021 11:34am Singapore-based technology startup Transcelestial Technologies is entering the Philippine market with a $2-million investment it secured from an Ayala-led venture capital fund. In a statement on Friday, Transcelestial said it aims to work with Philippine telcos to provide a solution to the daunting industry challenge of putting up cell sites. The tech firm will be offering its proprietary device, CENTAURI a shoebox-sized device weighing less than 3 kilos capable of delivering fiber-like speeds to customers at fraction of the cost of traditional fiber. Transcelestial said CENTAURI, is a mass-produced network device which leverages the company’s proprietary Wireless Laser Communication Technology to create a wireless distribution network between buildings, traditional cell towers, street-level poles and other physical infrastructure.