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Getac and Anterix Bring Utility-Grade Private LTE to the Field
Prnewswire· 2026-01-30 14:00
Certified rugged devices help utilities operate securely and reliably in harsh, remote, and high-risk environments This collaboration reflects Getac's continued investment in purpose-built solutions for utilities and other asset- intensive industries that require more secure, resilient communications beyond the limits of public cellular networks. By aligning with Anterix-enabled private networks, Getac helps customers modernize field operations while maintaining control, coverage, and reliability across ser ...
Strength Seen in Anterix (ATEX): Can Its 10.3% Jump Turn into More Strength?
ZACKS· 2026-01-28 16:15
Anterix (ATEX) shares rallied 10.3% in the last trading session to close at $25.93. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.2% gain over the past four weeks.The uptrend was primarily attributable to FCC's decision to vote on the prospect of maximizing the potential of the 900 MHz band by enabling broadband deployment across all 10 MHz of the band. This is likely to expand broadband use and create ne ...
FCC Chairman Carr Announces Vote to Expand 900 MHz Broadband to 10 MHz
Globenewswire· 2026-01-27 21:01
WOODLAND PARK, N.J., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX), the nation’s leading connectivity partner for utilities, shared that in a blog released today entitled “Good Governance,” Federal Communications Commission (FCC) Chairman Brendan Carr announced that “the Commission will vote on an order that maximizes the potential of the 900 MHz band by enabling broadband deployment across all ten megahertz of the band.” This vote is the culmination of the joint petition filed by Anterix, Ameren ...
ATEX Further Consolidates World-Class Porphyry District
TMX Newsfile· 2026-01-22 21:54
Core Viewpoint - ATEX Resources Inc. has strategically expanded its land package adjacent to the Valeriano project in Chile, enhancing its exploration potential with the acquisition of the Nuevo Horizonte claims, which include two defined porphyry targets, Pachuy and Chollay [1][3]. Group 1: Land Acquisition and Expansion - The Nuevo Horizonte claims cover over 8,600 hectares and are adjacent to the Valeriano property, increasing ATEX's total land position in the district to approximately 25,000 hectares [2][5]. - The acquisition of the Nuevo Horizonte claims has expanded ATEX's exploration holdings around Valeriano by over 50%, from approximately 16,500 hectares to 25,000 hectares [6]. Group 2: Exploration Potential - The new targets, Pachuy and Chollay, exhibit structural similarities to Valeriano and are expected to provide significant opportunities for copper-gold exploration, with potential for deeper drilling targets [5][6]. - Historical exploration at the Pachuy target has intersected high-grade mineralization within 350 meters of the surface, indicating the presence of a porphyry system [3][6]. - Surface geochemistry and mapping at the Chollay target suggest a Valeriano-style system that has yet to be tested with drilling [6]. Group 3: Strategic Objectives - The addition of the Nuevo Horizonte claims aligns with ATEX's strategic objectives, enhancing the company's position in a highly prospective district that includes significant projects from major mining companies [1][3]. - The company aims to advance the new targets to drill status in the coming months and years, leveraging existing camp and infrastructure at Valeriano [3].
ATEX Provides Notice of Warrant Acceleration
TMX Newsfile· 2026-01-21 12:11
Core Viewpoint - ATEX Resources Inc. has announced the accelerated expiry date of its common share purchase warrants, allowing warrant holders to exercise their warrants earlier than initially planned due to the trading performance of the company's shares [1][4]. Group 1: Warrant Details - On November 1, 2024, the company issued 21,057,477 warrants with an exercise price of C$2.50 per common share, originally set to expire on November 1, 2029 [2]. - The company can accelerate the expiry date of the warrants if the common shares trade at a volume-weighted average price (VWAP) of at least C$3.00 for 20 consecutive trading days [3]. - An acceleration notice was delivered to warrant holders, allowing them until February 20, 2026, to exercise their warrants, after which any unexercised warrants will be cancelled [4]. Group 2: Financial Implications - If all warrants are exercised, the company will receive gross proceeds of approximately C$52.6 million [5]. Group 3: Company Overview - ATEX is exploring the Valeriano Copper-Gold Project located in the Atacama Region, Chile, which is part of a mineral belt known for copper-gold porphyry deposits [6]. - The Valeriano project hosts a significant mineral resource, including an indicated resource of 475 million tonnes at 0.88% CuEq and an inferred resource of 1,511 million tonnes at 0.75% CuEq, as reported on September 23, 2025 [6].
Anterix Appoints Ross Spero as Chief Product Officer
Globenewswire· 2026-01-07 12:30
WOODLAND PARK, N.J., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Anterix, Inc. (NASDAQ: ATEX) today announced the appointment of Ross Spero as Chief Product Officer. Spero will lead Anterix’s product development strategy, product operations and deployment, and the company’s Anterix Active Ecosystem (AAE) partnerships and commercialization strategy, as Anterix advances its evolution beyond spectrum to help utilities accelerate time-to-deployment and time-to-value. Supporting seven utilities with a collective footprint ...
ATEX Intersects 146 Meters of 2.00% CuEq at B2B Zone with over 600 Meters of Results Still Pending
TMX Newsfile· 2025-12-18 21:13
Core Insights - ATEX Resources Inc. has announced full results for the initial Phase VI drill hole ATXD25C and partial results for drill hole ATXD26B at the Valeriano Copper-Gold Project in Chile, with drilling ahead of schedule at 12,550 meters completed out of a targeted 25,000 meters [1][2][10] Drill Results - Drill hole ATXD26B intersected 54 meters of 2.50% copper equivalent (CuEq), including 1.58% copper and 0.88 g/t gold, within broader intervals of 146 meters of 2.00% CuEq and 224 meters of 1.52% CuEq [4][8] - Drill hole ATXD25C reported an improved intercept of 164 meters of 2.77% CuEq, including 86 meters of 3.84% CuEq and 40 meters of 4.83% CuEq, highlighting significant mineralization [4][8] Mineral Resource Potential - The results from the B2B Zone drilling are enhancing the understanding of the high-grade system and confirming potential for growth beyond the 2025 Mineral Resource Estimate [2][10] - The horizontal width of the mineralized intersection in ATXD25C is approximately 170 meters, indicating thick, continuous mineralization and potential for increased material and tonnage [6][8] Exploration Program Update - The Phase VI drill program is utilizing six diamond drill rigs and is focused on high-grade targets in the B2B Zone and nearby breccia targets [10] - Assay results for over 600 meters of ATXD26B are still pending, with full results expected in January [8][10] Quality Control Measures - The drilling and sampling processes are conducted under strict quality control and assurance protocols, including the use of accredited laboratories for assay analysis [12][13]
ATEX Provides Corporate Update
Newsfile· 2025-11-27 21:54
Core Points - ATEX Resources Inc. has granted a total of 1,994,261 incentive stock options to employees, with 990,245 options granted to officers, each at an exercise price of $2.60 over five years [1] - The company has also granted 262,096 restricted share units (RSUs) to directors and 389,280 RSUs to employees, with specific vesting schedules [1] - ATEX's common shares are now eligible for electronic clearing and settlement in the U.S. through the Depository Trust Company (DTC), enhancing liquidity [2][3] - The company's shares began trading on the OTCQB under the ticker symbol "ATXRF" on September 23, 2025, while continuing to trade on the TSX Venture Exchange under "ATX" [2] Company Overview - ATEX is exploring the Valeriano Copper-Gold Project located in the Atacama Region, Chile, within a significant copper-gold porphyry mineral belt [4] - The Valeriano project hosts an Indicated Resource of 475 million tonnes at 0.88% CuEq and an Inferred Resource of 1,511 million tonnes at 0.75% CuEq, as reported on September 23, 2025 [4]
Anterix(ATEX) - 2026 Q2 - Earnings Call Transcript
2025-11-13 15:00
Financial Data and Key Metrics Changes - The company closed the second quarter of fiscal 2026 with approximately $39 million in cash and no debt, with projected cash proceeds for the current fiscal year raised to $100 million from the previous guidance of $80 million [12][13] - A total gain of $71 million was recorded in the quarter, consisting of $60 million from the exchange of narrowband to broadband licenses and $11 million from the sale and delivery of broadband licenses [13] Business Line Data and Key Metrics Changes - The company is focused on two key initiatives: TowerX and Catalyx, which together represent an annual market opportunity of roughly $1 billion [6][8] - TowerX provides utilities with pre-negotiated leasing terms and access to a broad network of tower infrastructure, while Catalyx helps utilities deploy private networks faster [6][8] Market Data and Key Metrics Changes - The company is engaged with the FCC regarding the expansion to 10 MHz, which positions Anterix as a future-proof foundation for critical infrastructure modernization [4] - The company has made significant progress in clearing incumbents, now over 85% cleared, allowing for potential FCC licensing on 90% of the counties in the United States [21] Company Strategy and Development Direction - Anterix aims to expand beyond spectrum and capture a larger share of the infrastructure market by being a key partner for utilities [5] - The company is focused on monetizing its spectrum assets, which are valued significantly higher than their current balance sheet representation [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's unique position to disrupt the industry and emphasized the importance of partnerships with utilities [3][5] - The CEO highlighted the ongoing demand for connectivity in the utility sector, driven by significant investments in modernization [33] Other Important Information - The company has approximately $114 million in contracted proceeds to be received, with over $60 million projected to come primarily in the fourth quarter of fiscal year 2026 [12] - The new CFO emphasized the importance of the strategic spectrum asset and the long-term high-margin cash flows it generates [10] Q&A Session Summary Question: Inquiry about wireless licenses and financial impacts - The company has a total commitment for a clearing arrangement of about $28 million, with $14 million funded in escrow [18][19] Question: Status of clearing incumbents - The company is now over 85% cleared and continues to deliver licenses to existing customers ahead of schedule [21] Question: Future contract negotiations for complex systems - The company is working on multiple complex systems, but not all are tied to near-term spectrum contracting opportunities [24] Question: Update on two operator deal - The company is in negotiations with a large utility involving two operating groups, with a sizable contract opportunity [28] Question: Clarification on asset value - The asset value is approximately 10 times the balance sheet value of $325 million, reflecting the true monetization potential of the spectrum [30]
Anterix (ATEX) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2025-11-13 00:36
Core Insights - Anterix reported a quarterly loss of $0.14 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.65, marking an earnings surprise of +78.46% [1] - The company achieved revenues of $1.55 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 9.30% [2] - Anterix has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Financial Performance - The loss per share improved from $0.69 a year ago to $0.14 this quarter, indicating a positive trend in financial performance [1] - The company has topped consensus revenue estimates only once in the last four quarters, despite the recent positive revenue report [2] Stock Performance and Outlook - Anterix shares have declined approximately 41.3% year-to-date, contrasting with the S&P 500's gain of 16.4% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.61 on revenues of $1.43 million, and -$0.47 on revenues of $5.71 million for the current fiscal year [7] Industry Context - The Communication - Infrastructure industry, to which Anterix belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Historical data indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1, highlighting the potential for industry influence on stock performance [8]