AirNet Technology Inc.
NASDAQ Capital MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Dan Shao
- Full Time Employees
- 17
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- No. 26 Dongzhimenwai Street Beijing People's Republic of China 100027
- IPO Date
- Nov 7, 2007
- CIK
- 0001413745
- Website
- ir.airnetgroup.cn
- Similar Companies
- Business
- AirNet Technology Inc. (NASDAQ: ANTE) operates as a holding company providing in-flight connectivity, entertainment, and digital multimedia solutions primarily in China; its offerings include seamless internet access via partnerships with China Unicom and satellite communications hardware, interactive entertainment content delivered through mobile apps in collaboration with China Eastern Airlines Media Co., Ltd., and targeted advertising platforms for corporate clients reaching airline passengers. The company also engages in cryptocurrency mining operations and has pursued diversification into unmanned aerial vehicle (UAV) systems and services for industries such as surveying and logistics. Founded in 2005 and headquartered in Beijing, People's Republic of China, AirNet Technology serves airlines, air passengers, and advertisers within the telecommunications infrastructure, digital media, and emerging technology sectors. In recent developments, AirNet Technology completed a US$180 million registered direct offering in August 2025, raising funds through digital assets including 819.07 Bitcoin and 19,928.91 Ethereum to support strategic initiatives in cryptocurrency and related ventures. Earlier in March 2025, the company entered a non-binding letter of intent with LLP STH Corp., a Kazakhstan-based firm, for investments in 70MW national grid-powered and 60MW natural gas self-generation cryptocurrency mining facilities utilizing liquid-cooling technology. Additionally, AirNet executed a share purchase agreement disposing of certain subsidiaries including Broad Cosmos, Air Net International, Air Net China, Shenzhen Yuehang, and Xian Shengshi to AR iCapital LLP for nominal consideration, streamlining its operations amid a pivot from historical out-of-home advertising networks. The company appointed Vikram Seth as fractional CIO to oversee digital asset treasury management, investment, staking, and DeFi strategies, reflecting a strategic shift toward blockchain and crypto activities following challenges including Nasdaq delisting in early 2024. These moves build on prior name change from AirMedia Group Inc. in 2019 and entries into UAV and blockchain sectors in 2020-2021.
Comparing Controladora Vuela Compania de Aviacion (NYSE:VLRS) and AirMedia Group (NASDAQ:ANTE)
AirNet Technology Inc. Announces Name Change to Yueda Digital Holding, Ticker Symbol Change to YDKG, and Share Re-designation
AirNet Technology's Chief Research & Innovation Advisor, Professor Yu Xiong, Elected Fellow of the Academy of Social Sciences
AirNet Receives Solana in Warrant Exercise
AIRNET TECHNOLOGY INC. COMPLETES US$180.0 MILLION REGISTERED DIRECT OFFERING
AIRNET TECHNOLOGY INC. ANNOUNCES US$180.0 MILLION REGISTERED DIRECT OFFERING
AirNet Technology Inc. Engages Raeez Lorgat as Strategic Advisor to Advance Fintech and Blockchain Expansion
AirNet Technology Inc. Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
AirNet Received Nasdaq Notification Letter Regarding Stockholders' Equity Deficiency
AirNet Announces Termination of Deposit Agreement
AirNet Granted Additional 180-Day Grace Period to Regain Compliance with Nasdaq Bid Price Requirement
AirNet Announces Change of Auditor
AirNet Announces Changes in Senior Management Team
AirNet Resolves Nasdaq Minimum Market Value of Publicly Held Shares Deficiency
AirNet Announces Receipt of Deficiency Letters from Nasdaq
AirNet Announces Purchase of Cryptocurrency Mining Machines
AirNet Announces Results of Annual General Meeting
AirNet Announces Receipt of Nasdaq's Determination to Grant Extension to Regain Compliance
AirNet Announces Annual General Meeting Date and Proposed Increase of Authorized Share Capital
AirNet Completes Private Placement of US$5.7 million