uCloudlink Group Inc. (NASDAQ:UCL) Q4 2023 Earnings Call Transcript

That’s why we call our new generation tracker with the better connection can find out something that the traditional tracker and the LTEG could not find. That’s one reason. Another second reason is about without GPS scenario, our multi-carrier tracking location capability while carrier base station. We have multi-carrier base station. Normally one carrier, three base station, you can location your product, your items. But with multi-carrier, we can provide maybe 20 base station so we can get a more high accuracy location data. And also we have marketing network can send out this location data. And that’s why our tracker can help users find out more possibility for these items. And final one, our product has radar technology for the last 100 meter.

It’s extremely difficult for people who find out the items in the last 100 meters. But with our solution, you can rely on this 100 active radar to find out where is the device. That’s why we call we are the new generation creation tracker, super tracker, which can find the other tracker and LTEG could not find. A similar concept is about the healthy emerging communication I just mentioned before. So this scenario one by one, we will launch the product in the second quarter. And the fourth quarter is for pilot. And second quarter for volume business, for volume launch. So I think in the following quarter, we believe this new product will create or generate more revenue for us. As you understand, we have all the solution including OTA SIM and E-SIM.

These also will generate more easy selling than our traditional portable Wi-Fi, can access more customers for travel worldwide. So I believe all these new products will create in the following quarter, more customer base and more revenue base for our business. Thank you.

Vivian Zang: Okay, I got it. Thank you. Thank you so much. That’s all my questions.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Jillian Zeng for any closing remarks.

Jillian Zeng: Well thank you once again for joining us today. If you have further questions, please feel free to contact UCLOUDLINK’s investor relations through the contact information provided on our website or speak to our investor relations firm, Christensen Advisory. We look forward to speaking to you all again on our next quarterly call. Thank you. Thank you. Bye-bye.

Operator: The conference is now concluded. Thank you for attending today’s presentation. You may now disconnect.