WOODLAND PARK, N.J. and PULLMAN,
Wash., Jan. 25, 2022
/PRNewswire/ -- Anterix (NASDAQ: ATEX) and Schweitzer Engineering
Laboratories (SEL) announced today their jointly published white
paper documenting the application of falling conductor
protection (FCP) for wildfire mitigation when enabled by a private
LTE network using Anterix's low-band 900 MHz spectrum.
Utilities in areas at high risk for wildfires are looking for
grid modernization solutions that leverage integrated broadband
wireless technology and wildfire mitigation capabilities. Over the
last decade, the electrical power system has increasingly been the
source of wildfire ignition. Environmental factors (e.g., climate
change, increased temperatures, dry air and land, and high winds)
combined with the arcs generated by electric power system equipment
significantly increase the risk of wildfire.
By deploying FCP technology, utilities can detect a broken
conductor and de-energize the affected line segment in less than
one second as the line is falling, significantly mitigating the
fire hazard associated with an energized conductor arcing on the
ground. This ability to detect and de-energize a falling conductor
relies on ubiquitous, high-bandwidth, low-latency communications
enabled by a low-band LTE network.
"Wildfire mitigation capability is one of the most mission
critical applications of 900 MHz private LTE networks I've seen,"
said Anterix Chief Operating Officer Ryan
Gerbrandt. "By working with Schweitzer Engineering
Laboratories to enable falling conductor protection technology, we
can help utilities fortify their grid to address real problems
potentially affecting millions of Americans."
"Falling conductor protection depends upon reliable, low-latency
broadband communications to de-energize broken distribution power
lines as they fall," said SEL Senior VP of Research &
Development Ryan Bradetich. "Working with Anterix and its 900 MHz
spectrum helps ensure a falling conductor is detected before it
touches the ground and potentially sparks a wildfire. Previous
methods often took several minutes to de-energize the line, meaning
they were often too late."
Following a May 2020 FCC Report
& Order enabling broadband deployment in the 900 MHz band,
Anterix has been working with utilities to enable the broadband
communications infrastructure needed for grid
modernization.
The full white paper, "Wildfire Mitigation - Detecting and
Isolating for Falling Conductors in Midair – Using 900 MHz Private
LTE at Protection Speeds" can be accessed here:
https://discover.selinc.com/l/885633/2022-01-24/526s3
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, resilient and customer-controlled
operations. www.anterix.com
About Schweitzer Engineering Laboratories
SEL invents,
designs and builds digital products and systems that protect power
grids around the world. This technology prevents blackouts and
enables customers to improve power system reliability, safety and
cost. SEL, a 100 percent employee-owned company that is
headquartered in Pullman,
Washington, has manufactured products in the United States since 1984 and now serves
customers in 168 countries. SEL provides unmatched technical
support, customer service and a 10-year worldwide
warranty. www.selinc.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. 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; and
(iii) 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
Chris
Guttman-McCabe
Chief Regulatory and Communications Officer
Anterix
cguttman-mccabe@anterix.com
James Fuller
Executive Vice President
Hill+Knowlton Strategies
240-393-1369
James.Fuller@hkstrategies.com
SEL
Bill Glennon
Engineering Director, Research & Development
Schweitzer Engineering Laboratories
509-334-8345
bill_glennon@selinc.com
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SOURCE Anterix Inc.