Anterix Inc.

Good day and thank you for standing by. Welcome to the Interix Fourth Quarter Fiscal 2026 Investor Update Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you'll need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I'd now like to hand the conference over to Natasha Vaccarelli, Vice President of Investor Relations and Corporate Communications. Please go ahead.

Thank you, Operator, and good morning, everyone. I'm Natasha Vaccarelli, Vice President of Investor Relations and Corporate Communications, and I welcome you to our fourth quarter fiscal year 2026 investor update call. Joining me today are Scott Lang, our President and CEO, Elena Marquez, CFO, and Chris Gutman-McCabe, Chief Regulatory and Communications Officer. 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. Please note that we do not undertake any obligation to update forward-looking statements. With that, I'll turn the call over to Scott.

Thank you, Natasha, and good morning, everyone. As we close my first full fiscal year as CEO, I can tell you that Antarex has never been in a better place. Every aspect of this company is stronger, and every aspect is performing. We focused this past year on setting a foundation, and that foundation has us ready for the tailwinds we are now seeing in the market. Let's start with the performance of this last quarter. Activities with utilities has increased significantly just in the last 60 days. Conversations have moved from education and evaluation to now being anchored on deployment, pricing, and time to value. We see it in the number of active engagements, the volume of commercial discussions underway, the quality of opportunities moving through the pipeline, and a notable step up in direct pricing requests from utilities returning to the table with an increased level of intent. And with that, I am pleased to welcome Kim Kerr as our new Chief Revenue Officer. Kim brings deep experience across telecom, infrastructure, and enterprise markets. Her mandate is clear, scale our commercial execution for the next phase of growth. But what is just as important is the broader market dynamic. And you are seeing it play out in real transactions right in front of us. Amazon's planned acquisition of Global Star to support direct-to-device capabilities, AT&T's $23 billion purchase of EcoStar Spectrum, and SpaceX's acquisition of additional Spectrum resources all point to the same conclusion. Scarce, licensed spectrum is becoming more valuable, not less. These are deals where the market is putting a real price on spectrum, and that price is climbing. These valuations are not speculation. It is recognizing in hard dollars that spectrum is a scarce and strategic asset which is what we have been saying for a long time. The value of spectrum is strong, demand is greater than supply, and that thesis is now coming to shape. This puts us in a position of strength, and we are ready for this moment. You might ask why. The answer is simple. We have done the work to de-risk any licensed 900 megahertz investment from our first 11 customers and our robust ecosystem of solution developers to our strong financial position. We also have a unique ability to match the needs of our customers while ensuring that we will monetize the full value of our spectrum. From allowing a utility to start with 10 megahertz or start with 6 megahertz and move to 10 megahertz. schedule payment terms to match capital availability, deploy a single use case, or deploy a wide range of solutions, our flexibility to meet every utility where they are is what makes us a compelling partner. We recognize that many utilities are under intense pressure to address affordability, yet need and want the benefits that come with private broadband connectivity. Our flexibility is our strength. Let me go a little deeper on some recent accomplishments. Within a three-month period, we signed four new utilities, two that reinforce our strength in the great state of Texas, CPS Energy, and Texas New Mexico Power, and also two in the Northwest region Benton, PUD, and Northwestern Energy. Notably, two of these customers moved directly to 10 megahertz agreements shortly after the FCC ruling. Beyond our spectrum monetization, interest in our Catalix offering has more than doubled since our February earnings call. Evidence that customers are not only evaluating spectrum, they are committing to action. And as they do, each relationship we have grows well beyond the initial spectrum sale into the recurring revenue opportunities that run these networks. We are no longer simply participating in a spectrum market. We are positioned to monetize the much larger market being built on its foundation. But that expansion is not limited to utilities. Licensed low-band spectrum is no longer simply a communications input. It is strategic infrastructure, and the range of industries competing for that scarce resource continues to expand. Demand is growing. Supply is fixed. Utilities recognize it. The broader market recognizes it. As Chris will discuss in a moment, these same dynamics are also creating new opportunities to extend the value of our spectrum position. Our work with Link Global is one example, exploring additional layers of resilience and coverage, including direct to device satellite connectivity within this broader architecture. So when I step back and look at the year, I see a market that has crossed an important threshold. Utilities have validated the model. Private wireless broadband has moved from evaluation to deployment. Demand is accelerating. The opportunity is expanding beyond utilities. And licensed low-band spectrum is increasingly being recognized for what it is, strategic infrastructure. As we look to the next year, the table is set. and we are in a strong position to execute. With that, I will turn the call over to Chris.