Thursday, April 01, 2021 2:47:45 PM
Microsoft — Microsoft shares rose 2.4% in midday trading after the software giant confirmed that it will build more than 120,000 custom HoloLens augmented reality headsets for the U.S. Army. The contract will be worth $21.9 billion over 10 years and is considered a key revenue-generating achievement after years of research and development on the futurist product.
InterDigital Launches Government Solutions Effort
Source: GlobeNewswire Inc.
InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced the launch of InterDigital Government Solutions, a new initiative established to match InterDigital’s 5G expertise and advanced technology solutions with the emerging needs of U.S. government agencies. This effort reflects the importance of 5G and next generation wireless research to government agencies and policy priorities.
The launch of InterDigital Government Solutions closely aligns with InterDigital’s long-term wireless research and strategy while offering vital expertise to government agencies. As a U.S.-based leader in 5G and 6G research, InterDigital is uniquely equipped to partner with government and established defense industry suppliers to support emerging U.S. government initiatives regarding 5G defense development. This effort leverages world-class engineers and resources from InterDigital’s U.S. wireless lab to support a variety of complex government contracts and 5G defense deployments in Open RAN, mmWave, mesh networking, edge computing, and more.
“The launch of InterDigital Government Solutions creates a resource to support the increasingly complex technological considerations facing modern governments,” said Jim Nolan, EVP, InterDigital. “Ensuring our government and defense agencies are equipped with advanced technical expertise and industry support is vital to the country’s long-term safety and success. We are very excited to bring our technologies and expertise in 5G and advanced wireless to an important new market.”
InterDigital was most recently awarded a Department of Defense (DOD) contract to work alongside Shared Spectrum Company (SSC) to securely deliver spectrum sharing technology on a 5G platform. The contract specifically addressed the development of technologies to advance 5G-enabled dynamic spectrum sharing in the 3.1 – 3.45 GHz band between Air Force radars and 5G cellular services at Hill Air Force Base, Utah.
“InterDigital has a long history of serving government agencies, going back to the 1980s with the Reagan Ranch, the 1990s with Desert Storm, and many other engagements over the years that have seen our leadership in multiple generations of wireless technology put to the service of our country,” said Eric Cohen, Chief Development Officer, InterDigital. “The launch of InterDigital Government Solutions brings an added level of dedication to those efforts, and comes at a time when 5G and 6G solutions are the focus of enormous attention in U.S. government circles.”
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