WOODLAND PARK, N.J., Dec. 7, 2021
/PRNewswire/ -- Anterix (NASDAQ: ATEX) today announced the
launch of the Anterix Security Collective, bringing together a team
of 900 MHz private LTE cyber-physical solutions providers within
the Anterix Active Ecosystem Program (AAEP). The objective of the
Anterix Security Collective is to foster sector-specific knowledge,
solutions, and collaboration in response to growing cyber-physical
security concerns for our nation's utilities.
Members of the Anterix Security Collective have been selected by
Anterix and represent cyber-physical security companies that are
well-positioned to enhance utility defenses in the context of 900
MHz private LTE networks. Each Anterix Security Collective member
is committed to collaborating with utilities and within the
Collective to contribute toward finding and implementing
comprehensive solutions. Anterix anticipates that the membership of
the Security Collective will expand over time.
"Beyond deploying a private LTE network, utilities' Operational
Technology (OT) security risks and needs differ greatly from
traditional Information Technology (IT) customers of communications
platforms in their security approaches and potential solution sets;
finding the right partners in this highly complex area can be
tough," said Ryan Gerbrandt,
Anterix's Chief Operating Officer. "The AAEP is about helping
customers capture the value of their private LTE networks, so we
took on the hard work of identifying, vetting, and engaging leading
companies in the field to create an expert, collaborative resource
to assist them in reaching their cyber and physical security goals
as well."
Since its inception in May 2021,
the Anterix Active Ecosystem Program has grown from 37
participating companies to over 65; as a cyber and physical
security branch of the AAEP, the Anterix Security Collective begins
today with 6 participants (some of which were already AAEP
members), including Mandiant, Onclave Networks, Inc., PacketViper,
Q-Net Security, Qubitekk, and Sierra Nevada Corporation.
Hear from our initial members in their own words how they
describe their solutions and contributions to the Anterix Security
Collective.
Mandiant
"Mandiant recognizes that collective and collaborative action is
key to delivering comprehensive security for utilities," said
Marshall Heilman, EVP & Chief
Technology Officer, Mandiant. "We are pleased to bring the Mandiant
Advantage platform and our cyber threat intelligence expertise to
this effort."
Onclave Networks, Inc.
"LTE is a leading international cellular standard with a raft of
built-in security features. The Anterix Security Collective
will help us work with utilities—and with each other—to augment
LTE's native security capabilities and meet each utility's
particular security requirements," said Don
Stroberg, Onclave Networks CEO. "Onclave is looking
forward to bring our Zero Trust technology and The Onclave
TrustedPlatformTM to support this collaborative
effort."
PacketViper
"Anterix has assembled an impressive group with the Anterix
Security Collective to address cybersecurity issues of utilities as
they become smarter and more connected, and we are extremely proud
to be included," said Ken Wolf,
PacketViper President and COO. "Anterix's critical infrastructure
customers can trust PacketViper's Deception360 to help meet their
cybersecurity needs with real-time, automated threat detection and
response across converging IT and OT networks, without any risk of
unplanned downtime."
Q-Net Security
"As a charter member of the Anterix Active Ecosystem, we are
excited to take this next step with Anterix in forming the Anterix
Security Collective," said Dr. Ronald
Indeck, CEO at Q-Net Security. "Utilities demand
the strongest network cybersecurity, and we are proud to bring
our data authentication security to this unique collaboration."
Qubitekk
"Qubitekk is proud to bring our Quantum technology to support
the Anterix Security Collective," said Dr. Duncan Earl, Qubitekk's President and CTO.
"Protection, like that provided by our quantum telecommunications
equipment using quantum entanglement can help secure communications
across the utility networks."
Sierra Nevada Corporation
"SNC is excited to join the Anterix Security Ecosystem where it
can protect our country's critical infrastructure using Binary
Armor," said Pete Fischer, SNC's
senior director of Cyber Programs. "Safeguarding and monitoring all
activity at the edge with our inline cybersecurity solution is long
overdue. We see this as a pivotal step toward not only detection of
threats to our power grid, water systems, transportation networks –
really the systems that make up the backbone of our country – but
toward physical protection of those systems as well. Binary Armor
detects and protects."
About Anterix
At Anterix, we are focused on delivering transformative private
broadband that enables the modernization of critical infrastructure
for the energy, transportation, logistics and other sectors of our
economy. As the largest holder of licensed spectrum in the 900 MHz
band (896-901/935-940 MHz) throughout the contiguous United States, plus Hawaii, Alaska, and Puerto
Rico, we are uniquely positioned to enable the private LTE
solutions that support secure, sustainable, resilient and
customer-controlled operations. www.anterix.com
Forward-Looking Statements
Any statements contained in
this press release that do not describe historical facts constitute
forward-looking statements as defined under the Federal securities
laws. These forward-looking statements include statements regarding
the potential use cases and benefits to utilities of deploying
private 900 MHz LTE broadband networks and of collaborating to
develop cyber-physical solutions. Any such forward-looking
statements are based on the Company's current expectations and are
subject to a number of risks and uncertainties that could cause its
actual future results to differ materially from its current
expectations or those implied by the forward-looking statements.
These risks and uncertainties include, but are not limited to: (i)
the Company may not be successful in commercializing its spectrum
assets to its targeted utility and critical infrastructure
customers, on a timely basis and on favorable terms; (ii) the
Company may be unable to secure broadband licenses from the FCC on
a timely and cost-effective basis; (iii) the Company may not
identify any cyber-physical solutions through this vehicle; and
(iv) the value of the Company's spectrum assets may fluctuate
significantly based on supply and demand, as well as technical and
regulatory changes. These and other risk factors that may affect
the Company's future results of operations are identified and
described in more detail in its filings with the SEC, including its
Quarterly Report on Form 10-Q for the quarterly period ended
September 30, 2021, filed with the
SEC on November 3, 2021. Accordingly,
you should not rely upon forward-looking statements as predictions
of future events or results. Except as required by applicable law,
the Company undertakes no obligation to update publicly or revise
any forward-looking statements contained in this press release,
whether as a result of any new information, changed circumstances
or otherwise.
Contacts
Anterix
Natasha Vecchiarelli
Director, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com
James Fuller
Executive Vice President
Hill+Knowlton Strategies
240-393-1369
James.Fuller@hkstrategies.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/anterix-active-ecosystem-program-launches-cybersecurity-initiative-301438841.html
SOURCE Anterix Inc.