Proxim Wireless Corporation — Cyborg Score 4/10

Mixed
Wireless Broadband Services

Strategic Profile

Proxim's product portfolio includes the Edge 1000 series of wireless broadband solutions, the Stratum series of 5 GHz and 6 GHz fixed wireless solutions, the ORiNOCO AP-9200R outdoor access point, and ProximVision cloud-enabled carrier management system. The company introduced the GX60 Multi-Gigabit Outdoor Wireless Platform in March 2026 and the Stratum X3 in November 2024.

Cyborg Score Rationale

Proxim has trailing twelve-month revenue of $29.5M, indicating a mature but niche player with limited financial scale. The company trades OTC with a minimal stock price, yet continues product innovation. Subsidiary status under SRA Holdings adds strategic stability but suggests limited independence.

Top Insights

  • Headquartered in San Jose with 203 total employees
  • Serves customers through online retailers, distributors, value-added resellers, system integrators, and OEMs across North America, Africa, Asia Pacific, Europe, Latin America, and Middle East
  • Proxim is traded on OTC Markets as PRXM
  • Public company trading on OTC with a stock price of $0.01 as of April 2025

Named Competitors

  • Ubiquiti Networks — Wireless networking and broadband equipment
  • Ruckus Networks — Enterprise wireless LAN and broadband solutions
  • Radwin — Fixed wireless broadband and backhaul equipment
  • Tarana — Wireless broadband for underserved markets

Recent Developments

  • (March 2026) Introduced GX60 Multi-Gigabit Outdoor Wireless Platform
  • (November 2024) Introduced Stratum X3 5 GHz and 6 GHz fixed wireless solutions
  • (September 2024) Nisi Gratia appointed as distributor for outdoor solutions in Southern Africa

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