Future Technologies Venture and Anterix launched an alliance to integrate Anterix’s 900 MHz spectrum with Future Technologies’ end-to-end digital transformation solutions.
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The new cooperative effort responds to broad and growing interest in private wireless networks to address valuable use cases in select vertical markets, including oil and gas, chemical, government, manufacturing, logistics, aerospace, mining and smart agriculture.
“Future Technologies solves customer problems by focusing on customer use cases, which dictate connectivity requirements and solutions,” said Future CEO Peter Cappiello. “To meet those connectivity requirements, we absolutely understand the value and benefits of Anterix’s low-band 900 MHz spectrum, particularly its ability to help meet the skyrocketing demand we are seeing for private LTE and 5G capabilities. There are immediate opportunities to use that spectrum to serve our Fortune 50; 100; 1,000; and 5,000 customers, and we look forward to integrating it into the solutions we offer across sectors and across the country.”
Anterix is focused on enabling private LTE and 5G networks for utilities. Future Technologies is a specialized lead system integrator with more than 12 years of private cellular project experience. Future Technologies provides industry 4.0 and mission-critical solutions to its more than 180 customers by specializing in the assessment, planning, design, implementation and support of innovative communications solutions, including private LTE and 5G networks in both licensed and unlicensed spectrum. This new relationship opens the opportunity to integrate Anterix’s 900 MHz spectrum and its utility focus into Future Technologies’ Private Cellular Projects, which will provide a new cross-sector foundation bringing benefits to a broad range of customers.
“Anterix is fielding a growing number of inbound requests for private LTE and 5G capabilities, and those calls are coming from diverse sectors all across the economy,” said Anterix President and CEO Rob Schwartz. “With its wide customer base and range of integrated solutions, Future Technologies can help us respond to that demand, leveraging our valuable nationwide 900 MHz spectrum. The innovation in these additional industries will address an expanding universe of critical use cases, and importantly, we fully expect many of these innovations to carry over to benefit the electric utility industry, which remains our primary focus.”