Anterix (ATEX), Qualcomm (QCOM) Expand Collaboration for Next-Gen Utility Wireless

Anterix Inc. (NASDAQ:ATEX) is one of the stocks that should double in 3 years. On February 26, Anterix and Qualcomm Technologies (NASDAQ:QCOM) announced an expanded collaboration aimed at accelerating the adoption of next-gen private wireless broadband for the utility sector. The partnership focuses on transitioning the industry from basic spectrum access to a comprehensive connectivity platform, enabling utilities to deploy and evolve private networks.

This collaboration supports the development of industrial-grade IoT chipsets specifically optimized for utility use cases at scale. Qualcomm’s Snapdragon SDX35-3 and SDX32-3 IoT modems will provide both 4G and 5G cellular connectivity on Anterix Inc.’s (NASDAQ:ATEX) 900 MHz broadband platform. These technologies are designed to improve distributed intelligence and operational visibility at the grid edge, following the FCC’s decision to expand the 900 MHz band to 10 MHz.

The collaboration provides utilities with a scalable roadmap to 5G, ensuring that private wireless networks can support future energy systems, including electrification and distributed energy resources. Members of the Anterix Active Ecosystem, such as Easymetering, are already incorporating the Snapdragon SDX35-3 modem into AMI 2.0 and grid-edge solutions. These integrations demonstrate how utility-owned networks can maintain high levels of reliability and security while facilitating enhanced customer engagement and digital transformation.

Anterix Inc. (NASDAQ:ATEX) commercializes spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and solutions.

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