Federated Wireless Awarded Contract from Leidos to Participate in Shared Spectrum Access for Radar and Communications (SSPARC) Research Program

Federated Wireless, Inc., which develops technologies to extend the utilization of spectrum resources and carrier networks, announced that it was awarded a subcontract from Leidos to participate in the Shared Spectrum Access for Radar and Communications (SSPARC) Phase II research program.

The SSPARC research program run by the Defense Advanced Research Projects Agency (DARPA) aims to expand spectrum sharing between radar and commercial wireless systems. Leidos provides SSPARC with innovative solutions to resolve the problem of spectrum congestion. The congestion limits operational capabilities due to the increasing deployment and bandwidth of wireless communications, the use of net-centric and unmanned systems, and the need for increased flexibility in radar and communications.

Federated Wireless’ technology is a dynamic three-tiered Spectrum Access System (SAS) that is designed to enable carriers and other industry participants to unlock additional licensed shared spectrum capacity. As a subcontractor in the SSPARC program, Federated Wireless seeks to demonstrate the SAS with an integrated commercial LTE network to enable radar and commercial wireless spectrum sharing.

"We are excited to be selected by Leidos to be the SAS provider for the SSPARC Phase II program to expand radar and commercial spectrum sharing beyond the current FCC 3.5 GHZ rulemaking. This effort facilitates validation of our emerging SAS technology and begins to unlock additional spectrum sharing opportunities between radar and commercial wireless systems,” said Federated Wireless Chief Executive Officer Iyad Tarazi.

Federated Wireless’ approach seeks to provide for allocation and management of spectrum resources in real time. If successful, wireless networks will be enhanced, spectrum capacity will be increased, and the end user will get the high quality of experience they demand.

Headquartered in Arlington, Virginia, Federated Wireless is a subsidiary of Allied Minds (LSE: ALM). More information about the company can be found at www.federatedwireless.com.

About Federated Wireless
Formed in 2012, Federated Wireless, Inc. is developing scalable wireless infrastructure solutions to extend the access of carrier networks. The company’s dynamic Spectrum Access Service (SAS) platform focuses on the distribution of licensed shared spectrum. Its approach incorporates a neural network of radio sensors that allow for interference-free access to low-cost, high-quality licensed spectrum, and breaks down traditional barriers of high-cost, exclusive spectrum. The company’s differentiated business model creates opportunities for more efficient approaches to spectrum. Federated Wireless is headquartered in Arlington, VA, and has offices in Boston, MA and Sunnyvale, CA. More information can be found at www.federatedwireless.com.

About Leidos
Leidos is an applied technology company delivering solutions and services that leverage expertise in the national security, health and engineering markets. We bring domain-specific capability to each of our markets, including imagery and signals intelligence, advanced sensing phenomenology, intelligence collection methods, life sciences and power grid engineering. In addition to market-specific capability, we have three core areas of technical expertise: data analytics, systems engineering and cybersecurity.

About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com

Allied Minds Forward-Looking Statement
This press release contains statements that are or may be forward-looking statements, including statements that relate to the company’s future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risk and uncertainties described in the risk factors included in the company’s regulatory filings. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Listing Rules and the Disclosure and Transparency Rules, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

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