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xG Technology, Inc. (XGTI) Wins $3M Prototype Award in Partnership with Southwest Research Institute®

Company: xG Technology, Inc. (XGTI)
Category: Stock Spotlights

xG Technology (NASDAQ: XGTI, XGTIW), together with partner Southwest Research Institute® (“SwRI®”), said it has received a $3.0 million award issued by the Defense Information Systems Agency (“DISA”) for Prototype Spectrum Sharing Systems for the 2025-2110 MHz Band. xG Technology, a developer of wireless communications and spectrum sharing technologies, will leverage its expertise in spectrum sharing and interference mitigation to perform a “significant portion of the project.” The award “represents a significant milestone in the application of xG’s highly unique core technology to Government efforts to permit spectrum sharing between certain government and commercial applications.” The overall mission is to develop a prototype architecture and associated documentation to accelerate development of the production sharing system under the DISA’s transition plan.

To view the full press release, visit: http://nnw.fm/rs23C

About xG Technology, Inc.

Founded in 2002, xG Technology has created a broad portfolio of intellectual property that enables always-available, always-connected and always-secure voice, broadband data and video communications. The company is the developer of xMax, a patented all-IP software-defined cognitive radio network that delivers mission-assured wireless connectivity in any RF environment. xMax provides a solution to the challenges of interoperability, survivability and flexibility in expeditionary and critical communications networks. xMax can be deployed as fixed or mobile infrastructure to enhance and integrate seamlessly with legacy communications systems, both private and commercial. Access and priority can be controlled, and in the event of congestion, failure or denial of access to commercial networks, xMax provides a fully secure, scalable, private and highly resilient network for essential communications – all at zero bandwidth cost.

xMax incorporates advanced optimizing technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR). These and other technologies make xMax ideal for wide area, as well as rapid emergency communication deployment in unpredictable environments and during fluid situations. xG offers solutions for numerous industries worldwide, including military, emergency response and public safety, telemedicine, urban and rural wireless broadband, utilities, and critical infrastructure.

xG’s Integrated Microwave Technologies (IMT) business unit further supports xG’s military and public safety customers with its mission-critical wireless video solutions. IMT is a leader in advanced digital microwave systems and a provider of engineering, integration, installation and commissioning services serving the MAG (Military, Aerospace & Government), broadcast, and sports & entertainment markets.  IMT’s product lines include digital broadcast microwave video systems and compact microwave video equipment for licensed and license-free applications. More information on IMT can be found at www.imt-solutions.com.

Based in Sarasota, Florida, xG has over 100 patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market (symbol: XGTI). For more information, please visit www.xgtechnology.com

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