Federated Wireless Announces Support for the Federal Communications Commission’s Report & Order on Spectrum Access System (...
April 27 2015 - 2:00AM
Business Wire
Federated Wireless, which is developing scalable wireless
infrastructure solutions to extend the access of carrier networks,
announced its support for the new Report and Order by the U.S.
Federal Communications Commission (FCC) regarding Spectrum Access
System (SAS) for the 3550-3700 MHz band (3.5 GHz band).
Spectrum is the founding ingredient for all wireless
infrastructure systems and is highly valued because it's finite.
Historically there are two main types of Spectrum: one for
carriers, which have exclusive licenses, and one for Wi-Fi systems
in unlicensed bands. The FCC’s Report and Order (R&O) outlines
a new spectrum sharing innovation technology. Spectrum sharing aims
to create a balance between the low cost and versatility of
unlicensed spectrum and the quality and predictability of licensed
spectrum.
“This is a significant moment for Federated Wireless and for the
industry,” said Iyad Tarazi, Chief Executive Officer of Federated
Wireless. “The opening of the 3550-3700 band will lead to the
development of new technology and create an array of new business
models that will revolutionize the wireless industry. After several
years of development and testing, we’re launching a Dynamic
Spectrum Access System (SAS). Federated Wireless’s SAS leverages a
dedicated network of sensors, manages interference, optimizes usage
of spectrum resources, and provides an essential level of security
for incumbent users of spectrum.”
“We applaud the action taken by the FCC for adopting a
three-tier spectrum sharing network, and also recognize the
significant level of collaboration achieved by industry groups and
members of the Wireless Innovation Forum, Google, and various
government agencies,” Tarazi continued. “Their collective work and
recommendations framed the Commission’s action and helped the
R&O become a reality. We look forward to the continued
collaboration of these groups in achieving the Commissioner’s
vision of the 3.5 GHz band as the innovation band.”
Federated Wireless is a subsidiary of Allied Minds (LSE:ALM), an
innovative U.S. science and technology development and
commercialization company.
“Allied Minds has a strong record of founding and developing
companies with disruptive solutions,” said John Serafini, Vice
President of Allied Minds. “We are excited about the opportunity to
accelerate the development of spectrum solutions that benefit
consumers, businesses and operators.”
More information about Federated Wireless, including the
company’s recent filings to the FCC, can be found at
www.federatedwireless.com.
About Federated Wireless
Formed in 2012, Federated Wireless, Inc. is developing scalable
wireless infrastructure solutions to extend the access of carrier
networks. Our dynamic Spectrum Access Service (SAS) platform
focuses on the distribution of licensed shared spectrum. Our unique
approach incorporates a neural network of radio sensors that
provides for interference-free access to low-cost, high-quality
licensed spectrum, and breaks down traditional barriers of
high-cost, exclusive spectrum. Our differentiated business model
creates opportunities for more efficient and innovative approaches
to spectrum.
Federated Wireless is headquartered in Arlington, VA, and has
offices in Boston, MA and Sunnyvale, CA. More information can be
found at www.federatedwireless.com.
About Allied Minds
Allied Minds is an innovative U.S. science and technology
development and commercialization company. Operating since 2006,
Allied Minds forms, funds, manages and builds products and
businesses based on innovative technologies developed at leading
U.S. universities and federal research institutions. Allied Minds
serves as a diversified holding company that supports its
businesses and product development with capital, central management
and shared services. More information about the Boston-based
company can be found at www.alliedminds.com.
Allied Minds Forward-Looking Statement
This press release contains statements that are or may be
forward-looking statements, including statements that relate to the
company’s future prospects, developments and strategies. The
forward-looking statements are based on current expectations and
are subject to known and unknown risks and uncertainties that could
cause actual results, performance and achievements to differ
materially from current expectations, including, but not limited
to, those risk and uncertainties described in the risk factors
included in the company’s regulatory filings. These forward-looking
statements are based on assumptions regarding the present and
future business strategies of the company and the environment in
which it will operate in the future. Each forward-looking statement
speaks only as at the date of this press release. Except as
required by law, regulatory requirement, the Listing Rules and the
Disclosure and Transparency Rules, neither the company nor any
other party intends to update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise.
Federated WirelessBarbara Reed, 703-650-0585Director of
MarketingBarbara.reed@federatedwireless.comorMedia:ArcPoint
Strategic Comms.Christine Dunn, 617-484-1660,
x101cdunn@arcpointstrategy.com
Allied Minds (LSE:ALM)
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