Anterix Inc.

Ladies and gentlemen, and thank you for standing by, welcome to the Enterix second quarter fiscal 2026 earnings conference call. At this time, all participants are in the listen only mode. After the speaker's presentation, there will be a question and answer session. To ask a question at that time, you will need to press star one one on your telephone keypad. As a reminder, this conference call is being recorded. At this time, I would like to turn the conference over to Ms. Natasha Vaccarelli, Vice President of Investor Relations and Corporate Communications. Ma'am, please begin.

Thank you, Operator, and good morning, everyone. I'm Natasha Veccarelli, Vice President of Investor Relations and Corporate Communications, and I welcome you to our fiscal 2026 second quarter investor update call. Joining me today are Scott Lang, our President and CEO, Elena Marquez, CFO, Chris Gutman-McCabe, Chief Regulatory and Communications Officer, and Ryan Gerbrandt, COO. Before we begin, please note that today's discussion may include forward-looking statements regarding our outlook, operations, and expected performance. These are based on current assumptions and subject to risks and uncertainties. We encourage you to review our SEC filings for a detailed discussion, including forms 10-K and 10-Q, which are available on our website. We do not undertake any obligation to update forward-looking statements. With that, I'll turn the call over to Scott.

Thanks, Natasha, and good morning, everyone. I appreciate you joining us today. October marked my one-year anniversary as CEO of Antarex. a year of hard work and clear progress. I came to Antarex because I believed then and I have even more conviction now that Antarex is in a unique position to be the first disruptive company in a generation to make an even greater, lasting, and profound impact for the entire industry for the next generation. With a strong customer base, and asset value that we believe is 10 times our current cost basis, a strong balance sheet, a light OpEx model, and expansive industry partnerships, we are well positioned to deliver for the industry and our shareholders. Over the past year, we have strengthened our foundation, deepened customer relationships, and positioned Antarex to expand beyond spectrum while executing on our long-term strategy. Recent transactions, including those led by EcoStar and others, reinforce what we have been saying all along. Spectrum is a strategic asset, not only for utilities, but also for a wide range of critical infrastructure and adjacent industries. We see this opportunity clearly and are taking deliberate steps to make our company an even more powerful partner for our customers. With that said, momentum toward 10 megahertz continues to accelerate, and we remain engaged with the FCC with confidence and a favorable outcome for Enterix, our customers, and the federal government. While 6 MHz already stands up competitively against any available alternative today, our expansion to 10 MHz positions Enterix as the future-proof foundation for critical infrastructure modernization, unlocking additional opportunity for the design, build, and operation of private broadband networks. Utilities have entrusted Antarex with this mission to lead solutions that are designed to simplify and accelerate deployments that will capture meaningful, incremental value for shareholders. This expansion marks more than the evolution of our spectrum position. It defines our intent to own a larger share of the infrastructure market by being the partner utilities rely upon to connect, secure, and modernize the nation's most critical systems. Through our partnerships with leading utilities, both those already deploying private networks using our technology and those in our active pipeline, we have seen what works, the unique challenges that utilities face, and where they need the most support. That insight is shaping the next chapter of Enterix, expanding beyond spectrum, unlocking incremental opportunity, and helping utilities modernize critical infrastructure while driving sustainable growth for our stakeholders. Building on this foundation, I want to highlight two initiatives where we see significant opportunity to scale. Together, these two offerings represent an annual market opportunity of roughly $1 billion, positioning us to capture a share that we believe will be important for our customers and deliver value for our shareholders. The first initiative I'd like to highlight is TowerX, as recently announced. TowerX is a first-of-its-kind tower optimization platform an access program providing utilities with pre-negotiated leasing terms, standardized pricing, and end-to-end support services. Launched together with one of the nation's largest tower companies, Crown Castle, utilities have access to a broad network of tower infrastructure, including Crown Castle's 40,000-plus sites. enabling faster deployment of 900 megahertz private wireless networks. While TowerX accelerates the physical deployment of private networks by simplifying site access and infrastructure readiness, our second offering, Catalyx, is designed to fuel adoption, helping utilities deploy their private networks faster. Catalix was created to meet the clear first step needs customers identified for adopting private wireless networks. This streamlined, customer-driven solution enables utilities to connect and manage devices immediately, even before securing spectrum, while simplifying operations, reducing friction, and ensuring multiple layers of security. Built on cutting edge SIEM and eSIEM management in collaboration with a top tier roaming solution partner, Padalex capitalizes on Antarex's deep customer relationships and ecosystem strengths to generate significant customer value and create new growth avenues for the company. Together, these opportunities position Enterix to accelerate adoption, broaden customer engagement, and lead the transformation of the nation's grid. Backed by our exclusive 900 megahertz spectrum, proven deployment tools, and unmatched industry partnerships, we are empowering utilities to enable connected intelligence, securely, reliably, and at scale, delivering real, lasting value for our customers and our shareholders. And finally, before I turn the call over to Elena, I want to give a quick update on new customers. We continue to make strong progress on negotiations with customers that are participating in the accelerator program and are also pleased to share that we recently were selected after a competitive procurement process to begin contract negotiations on a spectrum opportunity with one operating company that is part of a two operating company organization with the goal to scale across their entire footprint. With that, Elena, welcome. to your first earnings call as our new CFO. The floor is yours.