The document discusses the implementation of a Quadrature Phase Shift Keying (QPSK) modulator using FPGA technology and hardware co-simulation, aimed at reducing power consumption and cost while maintaining efficiency. It details the design process using Xilinx System Generator and Simulink, highlighting how the modulator can transmit data at a higher rate with better bandwidth efficiency compared to other modulation schemes. The proposed architecture allows for real-time observation of output waveforms within Matlab, eliminating the need for expensive equipment such as digital oscilloscopes.